Polaris Home Funding Corp.
Mortgage Loan Application
Totals and Details
for 2021

Find mortgage loan statistics, lending data, and loan application totals for Michigan.
The mortgage statistics and data below are specific to mortgage loan applications for Polaris Home Funding Corp..
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.

Mortgage Company & Address Polaris Home Funding Corp.
151 44Th St. Sw
Grandville, MI 49418
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 3,642
Total Mortgage Loan Application Amount $647,390,000
Average Mortgage Loan Application Amount $189,400
Highest Mortgage Loan Application Amount $785,000
Average Applicant Income $70,400
Highest Applicant Income $655,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MI, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Polaris Home Funding Corp. by Metropolitan Area in 2021

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
NA (OUTSIDE OF MSA/MD) 1,085 $ 169,615,000 $ 181,375 $ 63,312
CINCINNATI, OH-KY-IN 302 $ 57,150,000 $ 186,666 $ 62,000
WEIRTON-STEUBENVILLE, WV-OH 228 $ 33,480,000 $ 130,000 $ 56,500
CANTON-MASSILLON, OH 205 $ 34,965,000 $ 170,000 $ 67,000
COLUMBUS, OH 175 $ 34,915,000 $ 199,000 $ 72,000
AKRON, OH 167 $ 27,295,000 $ 163,000 $ 70,000
FORT WAYNE, IN 140 $ 25,570,000 $ 182,000 $ 79,000
CLEVELAND-ELYRIA, OH 105 $ 19,615,000 $ 186,000 $ 76,000
GRAND RAPIDS-WYOMING, MI 103 $ 23,515,000 $ 228,000 $ 84,000
DAYTON-SPRINGFIELD-KETTERING, OH 98 $ 17,660,000 $ 180,000 $ 73,000
PARKERSBURG-VIENNA, WV 60 $ 7,920,000 $ 132,000 $ 45,000
ATLANTA-SANDY SPRINGS-ROSWELL, GA 58 $ 11,940,000 $ 205,000 $ 64,000
CHARLOTTE-CONCORD-GASTONIA, NC-SC 58 $ 11,800,000 $ 202,500 $ 63,500
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 41 $ 8,725,000 $ 212,000 $ 73,000
INDIANAPOLIS-CARMEL-ANDERSON, IN 35 $ 6,155,000 $ 175,000 $ 67,000
WHEELING, WV-OH 35 $ 5,875,000 $ 185,500 $ 62,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 25 $ 4,615,000 $ 208,000 $ 81,500
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 22 $ 5,160,000 $ 234,000 $ 62,000
RALEIGH, NC 21 $ 4,815,000 $ 229,000 $ 67,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 21 $ 4,675,000 $ 222,000 $ 68,000
CHARLESTON-NORTH CHARLESTON, SC 20 $ 4,150,000 $ 207,000 $ 57,000
BALTIMORE-COLUMBIA-TOWSON, MD 19 $ 4,555,000 $ 239,000 $ 61,000
TOLEDO, OH 19 $ 2,975,000 $ 156,000 $ 68,000
GREENVILLE-ANDERSON-MAULDIN, SC 17 $ 2,805,000 $ 165,000 $ 61,000
GARY, IN 16 $ 2,820,000 $ 176,000 $ 47,000
WINSTON-SALEM, NC 16 $ 2,560,000 $ 160,000 $ 50,000
COLUMBIA, SC 15 $ 3,035,000 $ 202,000 $ 72,000
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 15 $ 2,765,000 $ 181,000 $ 58,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 15 $ 2,395,000 $ 159,000 $ 73,000
KNOXVILLE, TN 13 $ 2,665,000 $ 205,000 $ 56,000
ORLANDO-KISSIMMEE-SANFORD, FL 13 $ 2,345,000 $ 180,000 $ 70,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 13 $ 3,235,000 $ 248,000 $ 56,000
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 11 $ 3,555,000 $ 323,000 $ 62,000
LEXINGTON-FAYETTE, KY 11 $ 2,315,000 $ 210,000 $ 71,000
SPRINGFIELD, OH 11 $ 1,525,000 $ 138,000 $ 57,000
WARREN-TROY-FARMINGTON HILLS, MI 11 $ 2,525,000 $ 229,000 $ 84,000
CAPE CORAL-FORT MYERS, FL 10 $ 2,170,000 $ 217,000 $ 65,000
GREENSBORO-HIGH POINT, NC 10 $ 1,680,000 $ 168,000 $ 63,000
PITTSBURGH, PA 10 $ 1,840,000 $ 184,000 $ 75,000
BOSTON, MA 9 $ 2,475,000 $ 275,000 $ 94,000
CHATTANOOGA, TN-GA 9 $ 1,835,000 $ 169,000 $ 47,000
HUNTINGTON-ASHLAND, WV-KY-OH 9 $ 1,095,000 $ 122,333 $ 69,000
JACKSONVILLE, FL 9 $ 1,555,000 $ 172,000 $ 60,000
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 9 $ 1,915,000 $ 212,000 $ 67,000
NEW HAVEN-MILFORD, CT 9 $ 2,055,000 $ 228,000 $ 74,000
ASHEVILLE, NC 8 $ 2,130,000 $ 266,000 $ 49,000
CHARLESTON, WV 8 $ 900,000 $ 112,000 $ 34,000
NORTH PORT-SARASOTA-BRADENTON, FL 8 $ 1,820,000 $ 227,000 $ 63,000
PENSACOLA-FERRY PASS-BRENT, FL 8 $ 1,510,000 $ 188,000 $ 55,000
WORCESTER, MA-CT 8 $ 1,990,000 $ 248,000 $ 69,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 7 $ 1,095,000 $ 156,000 $ 34,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 7 $ 2,155,000 $ 307,000 $ 73,000
HICKORY-LENOIR-MORGANTON, NC 7 $ 1,515,000 $ 216,000 $ 74,000
LAKELAND-WINTER HAVEN, FL 7 $ 1,205,000 $ 172,000 $ 53,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 7 $ 1,115,000 $ 159,000 $ 50,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 7 $ 1,795,000 $ 256,000 $ 83,000
BURLINGTON, NC 6 $ 1,030,000 $ 171,000 $ 45,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 6 $ 1,280,000 $ 213,000 $ 55,000
MANSFIELD, OH 6 $ 1,050,000 $ 175,000 $ 64,000
OMAHA-COUNCIL BLUFFS, NE-IA 6 $ 1,740,000 $ 290,000 $ 94,000
SPRINGFIELD, MA 6 $ 1,190,000 $ 198,000 $ 46,000
WILMINGTON, NC 6 $ 1,010,000 $ 168,000 $ 45,000
AUGUSTA-RICHMOND COUNTY, GA-SC 5 $ 765,000 $ 156,500 $ 60,500
DULUTH, MN-WI 5 $ 1,005,000 $ 201,000 $ 90,000
DURHAM-CHAPEL HILL, NC 5 $ 945,000 $ 189,000 $ 50,000
FAYETTEVILLE, NC 5 $ 745,000 $ 149,000 $ 85,000
FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO 5 $ 1,195,000 $ 239,000 $ 62,000
FLINT, MI 5 $ 675,000 $ 135,000 $ 65,000
LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR 5 $ 905,000 $ 181,000 $ 63,000
MEMPHIS, TN-MS-AR 5 $ 1,095,000 $ 219,000 $ 64,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 5 $ 1,425,000 $ 285,000 $ 66,000
NEW YORK-NEWARK, NY 5 $ 1,545,000 $ 309,000 $ 75,000
PHILADELPHIA, PA 5 $ 1,025,000 $ 205,000 $ 45,000
PORT ST. LUCIE, FL 5 $ 1,005,000 $ 201,000 $ 57,000
READING, PA 5 $ 875,000 $ 175,000 $ 56,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 4 $ 860,000 $ 215,000 $ 41,000
CAMDEN, NJ 4 $ 700,000 $ 175,000 $ 36,000
CLARKSVILLE, TN-KY 4 $ 600,000 $ 150,000 $ 38,000
GREENVILLE, NC 4 $ 610,000 $ 152,000 $ 39,000
HILTON HEAD ISLAND-BLUFFTON-BEAUFORT, SC 4 $ 1,100,000 $ 275,000 $ 53,000
LIMA, OH 4 $ 620,000 $ 155,000 $ 62,000
PROVIDENCE-WARWICK, RI-MA 4 $ 1,050,000 $ 262,000 $ 53,000
SOUTH BEND-MISHAWAKA, IN-MI 4 $ 770,000 $ 192,000 $ 60,000
TALLAHASSEE, FL 4 $ 1,020,000 $ 255,000 $ 122,000
CRESTVIEW-FORT WALTON BEACH-DESTIN, FL 3 $ 795,000 $ 265,000 $ 51,000
FLORENCE, SC 3 $ 425,000 $ 141,000 $ 59,000
FORT SMITH, AR-OK 3 $ 355,000 $ 118,000 $ 56,000
HARRISBURG-CARLISLE, PA 3 $ 685,000 $ 228,000 $ 70,000
HOMOSASSA SPRINGS, FL 3 $ 435,000 $ 145,000 $ 24,000
KINGSPORT-BRISTOL-BRISTOL, TN-VA 3 $ 465,000 $ 155,000 $ 41,000
LINCOLN, NE 3 $ 645,000 $ 215,000 $ 89,000
MANKATO-NORTH MANKATO, MN 3 $ 885,000 $ 295,000 $ 38,000
MICHIGAN CITY-LA PORTE, IN 3 $ 785,000 $ 261,000 $ 59,000
NEWARK, NJ-PA 3 $ 655,000 $ 205,000 $ 25,500
RAPID CITY, SD 3 $ 485,000 $ 161,000 $ 32,000
SEBASTIAN-VERO BEACH, FL 3 $ 955,000 $ 318,000 $ 123,000
ATHENS-CLARKE COUNTY, GA 2 $ 350,000 $ 175,000 $ 49,000
ATLANTIC CITY-HAMMONTON, NJ 2 $ 300,000 $ 150,000 $ 30,000
BRUNSWICK, GA 2 $ 410,000 $ 205,000 $ 29,000
CALIFORNIA-LEXINGTON PARK, MD 2 $ 630,000 $ 315,000 $ 136,000
COLUMBUS, GA-AL 2 $ 510,000 $ 255,000 $ 58,000
DETROIT-DEARBORN-LIVONIA, MI 2 $ 560,000 $ 280,000 $ 122,000
ELKHART-GOSHEN, IN 2 $ 580,000 $ 290,000 $ 71,000
EVANSVILLE, IN-KY 2 $ 330,000 $ 165,000 $ 51,000
GAINESVILLE, FL 2 $ 500,000 $ 250,000 $ 45,000
GRAND ISLAND, NE 2 $ 350,000 $ 175,000 $ 70,000
JACKSON, TN 2 $ 350,000 $ 175,000 $ 58,000
JONESBORO, AR 2 $ 360,000 $ 180,000 $ 55,000
LAFAYETTE-WEST LAFAYETTE, IN 2 $ 480,000 $ 240,000 $ 101,000
LANCASTER, PA 2 $ 300,000 $ 150,000 $ 51,000
LANSING-EAST LANSING, MI 2 $ 310,000 $ 155,000 $ 53,000
LEBANON, PA 2 $ 370,000 $ 185,000 $ 81,000
NEW BERN, NC 2 $ 290,000 $ 145,000 $ 67,000
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 2 $ 760,000 $ 380,000 $ 118,000
PUNTA GORDA, FL 2 $ 350,000 $ 175,000 $ 34,000
ROCHESTER, MN 2 $ 360,000 $ 180,000 $ 50,000
SAVANNAH, GA 2 $ 430,000 $ 215,000 $ 65,000
SCRANTON--WILKES-BARRE--HAZLETON, PA 2 $ 370,000 $ 185,000 $ 123,000
SPARTANBURG, SC 2 $ 420,000 $ 210,000 $ 25,000
WASHINGTON-BALTIMORE-ARLINGTON, DC 2 $ 660,000 $ 330,000 $ 64,000
YORK-HANOVER, PA 2 $ 380,000 $ 190,000 $ 137,000
ALBANY, GA 1 $ 165,000 $ 165,000 $ 116,000
ANN ARBOR, MI 1 $ 175,000 $ 175,000 $ 42,000
BATTLE CREEK, MI 1 $ 185,000 $ 185,000 $ 60,000
BECKLEY, WV 1 $ 55,000 $ 55,000 $ 22,000
BLOOMINGTON, IN 1 $ 135,000 $ 135,000 $ 40,000
BLOOMSBURG-BERWICK, PA 1 $ 135,000 $ 135,000 $ 72,000
CLEVELAND, TN 1 $ 185,000 $ 185,000 $ 152,000
DALTON, GA 1 $ 155,000 $ 155,000 $ 60,000
EAST STROUDSBURG, PA 1 $ 215,000 $ 215,000 $ 99,000
ELIZABETHTOWN-FORT KNOX, KY 1 $ 95,000 $ 95,000 $ 42,000
ERIE, PA 1 $ 145,000 $ 145,000 $ 58,000
GAINESVILLE, GA 1 $ 225,000 $ 225,000 $ 0
HAGERSTOWN-MARTINSBURG, MD-WV 1 $ 185,000 $ 185,000 $ 87,000
HINESVILLE, GA 1 $ 135,000 $ 135,000 $ 58,000
HOT SPRINGS, AR 1 $ 105,000 $ 105,000 $ 50,000
JACKSON, MI 1 $ 165,000 $ 165,000 $ 45,000
JOHNSON CITY, TN 1 $ 125,000 $ 125,000 $ 73,000
KALAMAZOO-PORTAGE, MI 1 $ 205,000 $ 205,000 $ 63,000
KOKOMO, IN 1 $ 185,000 $ 185,000 $ 100,000
MACON-BIBB COUNTY, GA 1 $ 185,000 $ 185,000 $ 100,000
MORRISTOWN, TN 1 $ 135,000 $ 135,000 $ 0
MUSKEGON, MI 1 $ 165,000 $ 165,000 $ 41,000
NORWICH-NEW LONDON, CT 1 $ 255,000 $ 255,000 $ 90,000
PANAMA CITY, FL 1 $ 165,000 $ 165,000 $ 56,000
SAGINAW, MI 1 $ 155,000 $ 155,000 $ 53,000
SIOUX FALLS, SD 1 $ 325,000 $ 325,000 $ 139,000
SUMTER, SC 1 $ 115,000 $ 115,000 $ 0
TERRE HAUTE, IN 1 $ 155,000 $ 155,000 $ 75,000
TEXARKANA, TX-AR 1 $ 105,000 $ 105,000 $ 34,000
THE VILLAGES, FL 1 $ 225,000 $ 225,000 $ 91,000
TRENTON, NJ 1 $ 215,000 $ 215,000 $ 45,000
VALDOSTA, GA 1 $ 215,000 $ 215,000 $ 56,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 1 $ 215,000 $ 215,000 $ 35,000
WILMINGTON, DE-MD-NJ 1 $ 135,000 $ 135,000 $ 101,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Michigan, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Polaris Home Funding Corp. in 2021

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 1,851 $307,445,000 $166,000 $545,000 $59,000 $450,000
Cash-out Refinancing 1,026 $199,160,000 $194,000 $545,000 $67,000 $360,000
Refinancing 593 $107,175,000 $180,000 $785,000 $75,000 $655,000
Other Purpose 156 $30,180,000 $193,000 $545,000 $57,000 $193,000
Home Improvement 16 $3,430,000 $214,000 $345,000 $94,000 $180,000
Not Applicable 0 $0 $0 $0 $0 $0

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 3,262 $576,030,000 $176,000 $785,000 $64,000 $655,000
Black or African American 225 $42,565,000 $189,000 $485,000 $55,000 $203,000
Hispanic 68 $12,130,000 $178,000 $455,000 $64,000 $212,000
Not Provided 44 $8,100,000 $184,000 $325,000 $73,000 $369,000
Asian 26 $4,620,000 $177,000 $355,000 $83,000 $450,000
Not applicable 8 $1,730,000 $216,000 $375,000 $27,000 $81,000
Native Hawaiian or Other Pacific Islander 3 $675,000 $225,000 $275,000 $73,000 $130,000
American Indian or Alaskan Native 1 $185,000 $185,000 $185,000 $53,000 $53,000

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 1,920 $362,330,000 $188,000 $785,000 $75,000 $655,000
FHA-insured (Federal Housing Administration) 1,119 $182,945,000 $163,000 $435,000 $52,000 $300,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 333 $46,145,000 $138,000 $355,000 $47,000 $122,000
VA-guaranteed (Veterans Administration) 270 $55,970,000 $207,000 $615,000 $55,000 $360,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 2,809 $501,045,000 $178,000 $785,000 $67,000 $655,000
Application Approved But Not Accepted 337 $57,175,000 $169,000 $465,000 $60,000 $317,000
File Closed For Incompleteness 208 $40,560,000 $195,000 $455,000 $48,000 $300,000
Application Denied By Financial Institution 177 $30,545,000 $172,000 $515,000 $55,000 $350,000
Application Withdrawn By Applicant 111 $18,065,000 $162,000 $475,000 $50,000 $360,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 3,465 $616,845,000 $178,000 $785,000 $64,000 $655,000
Debt-To-Income Ratio 44 $8,220,000 $186,000 $405,000 $45,000 $187,000
Collateral 42 $6,690,000 $159,000 $335,000 $72,000 $350,000
Other 32 $5,890,000 $184,000 $355,000 $59,000 $144,000
Credit History 27 $4,925,000 $182,000 $515,000 $52,000 $143,000
Employment History 16 $2,240,000 $140,000 $325,000 $39,000 $152,000
Unverifiable Information 10 $1,770,000 $177,000 $245,000 $53,000 $94,000
Credit Application Incomplete 4 $540,000 $135,000 $155,000 $67,000 $159,000
Insufficient Cash (Downpayment, Closing Cost) 2 $270,000 $135,000 $155,000 $26,000 $53,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MI, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Michigan, and search similar information at your convenience.

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