Progressive Mortgage Company
Mortgage Loan Application
Totals and Details
for 2008

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 Progressive Mortgage Company.
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 Progressive Mortgage Company
125 S. Fifth Ave.
Ann Arbor, MI 48104
Tel #: available with data download
Federal Regulator * available with data download
Years 2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 2,204
Total Mortgage Loan Application Amount $450,564,000
Average Mortgage Loan Application Amount $252,333
Highest Mortgage Loan Application Amount $2,080,000
Average Applicant Income $90,000
Highest Applicant Income $1,250,000

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 Progressive Mortgage Company by County in 2008

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Cook County Illinois 351 $ 92,407,000 $ 263,000 $ 104,000
Wayne County Michigan 330 $ 37,259,000 $ 112,000 $ 78,000
Oakland County Michigan 183 $ 40,390,000 $ 220,000 $ 116,000
Salt Lake County Utah 105 $ 26,316,000 $ 250,000 $ 108,000
Lake County Illinois 90 $ 26,464,000 $ 294,000 $ 113,000
Macomb County Michigan 80 $ 10,993,000 $ 137,000 $ 82,000
Ingham County Michigan 55 $ 8,061,000 $ 146,000 $ 86,000
Utah County Utah 50 $ 15,992,000 $ 319,000 $ 105,000
Livingston County Michigan 43 $ 9,110,000 $ 211,000 $ 94,000
Emmet County Michigan 40 $ 7,573,000 $ 189,000 $ 106,000
Kent County Michigan 40 $ 6,668,000 $ 166,000 $ 100,000
Cuyahoga County Ohio 40 $ 4,283,000 $ 107,000 $ 75,000
DuPage County Illinois 39 $ 10,502,000 $ 269,000 $ 103,000
Genesee County Michigan 39 $ 5,795,000 $ 148,000 $ 103,000
Washtenaw County Michigan 33 $ 7,444,000 $ 225,000 $ 102,000
Muskegon County Michigan 28 $ 3,716,000 $ 132,000 $ 50,000
Charlevoix County Michigan 22 $ 4,367,000 $ 198,000 $ 97,000
Milwaukee County Wisconsin 21 $ 2,484,000 $ 118,000 $ 64,000
Kane County Illinois 20 $ 4,232,000 $ 211,000 $ 84,000
Eaton County Michigan 19 $ 2,677,000 $ 140,000 $ 60,000
Ottawa County Michigan 19 $ 3,478,000 $ 183,000 $ 87,000
Davis County Utah 16 $ 4,567,000 $ 285,000 $ 116,000
Washington County Utah 16 $ 5,483,000 $ 342,000 $ 105,000
McHenry County Illinois 14 $ 2,414,000 $ 172,000 $ 82,000
Clinton County Michigan 12 $ 2,056,000 $ 171,000 $ 72,000
Knox County Tennessee 12 $ 1,532,000 $ 127,000 $ 52,000
Will County Illinois 11 $ 2,412,000 $ 219,000 $ 87,000
Weber County Utah 11 $ 2,616,000 $ 237,000 $ 82,000
Lake County Indiana 9 $ 1,121,000 $ 124,000 $ 83,000
Greenville County South Carolina 9 $ 2,101,000 $ 233,000 $ 125,000
Calhoun County Michigan 8 $ 1,253,000 $ 156,000 $ 110,000
Kalamazoo County Michigan 8 $ 2,390,000 $ 298,000 $ 95,000
Hennepin County Minnesota 8 $ 2,017,000 $ 252,000 $ 157,000
Fulton County Georgia 7 $ 1,588,000 $ 226,000 $ 158,000
Chippewa County Michigan 7 $ 550,000 $ 78,000 $ 47,000
Saginaw County Michigan 7 $ 1,486,000 $ 212,000 $ 114,000
St. Louis County Missouri 7 $ 1,383,000 $ 197,000 $ 101,000
Summit County Ohio 7 $ 693,000 $ 99,000 $ 54,000
Blount County Tennessee 7 $ 872,000 $ 124,000 $ 43,000
Barry County Michigan 6 $ 737,000 $ 122,000 $ 41,000
Ionia County Michigan 6 $ 727,000 $ 121,000 $ 62,000
Jackson County Michigan 6 $ 854,000 $ 142,000 $ 63,000
Lapeer County Michigan 6 $ 1,125,000 $ 187,000 $ 72,000
Clark County Nevada 6 $ 1,458,000 $ 243,000 $ 70,000
Iron County Utah 6 $ 1,644,000 $ 274,000 $ 109,000
Santa Cruz County Arizona 5 $ 861,000 $ 172,000 $ 44,000
Volusia County Florida 5 $ 733,000 $ 146,000 $ 208,000
Allegan County Michigan 5 $ 955,000 $ 191,000 $ 78,000
Antrim County Michigan 5 $ 1,322,000 $ 264,000 $ 138,000
Monroe County Michigan 5 $ 731,000 $ 146,000 $ 53,000
Montcalm County Michigan 5 $ 521,000 $ 104,000 $ 47,000
Lake County Ohio 5 $ 1,070,000 $ 214,000 $ 113,000
Lucas County Ohio 5 $ 1,172,000 $ 234,000 $ 98,000
Sevier County Tennessee 5 $ 1,179,000 $ 235,000 $ 83,000
Cache County Utah 5 $ 861,000 $ 172,000 $ 102,000
Summit County Utah 5 $ 1,718,000 $ 343,000 $ 178,000
Grand Traverse County Michigan 4 $ 968,000 $ 242,000 $ 108,000
Newaygo County Michigan 4 $ 694,000 $ 173,000 $ 54,000
Van Buren County Michigan 4 $ 719,000 $ 179,000 $ 100,000
Dakota County Minnesota 4 $ 785,000 $ 196,000 $ 76,000
Harrison County Mississippi 4 $ 1,088,000 $ 272,000 $ 189,000
Santa Fe County New Mexico 4 $ 1,084,000 $ 271,000 $ 73,000
Lorain County Ohio 4 $ 735,000 $ 183,000 $ 102,000
Loudon County Tennessee 4 $ 415,000 $ 103,000 $ 42,000
Tooele County Utah 4 $ 945,000 $ 236,000 $ 73,000
Miami-Dade County Florida 3 $ 3,715,000 $ 1,238,000 $ 319,000
Sarasota County Florida 3 $ 772,000 $ 257,000 $ 167,000
DeKalb County Georgia 3 $ 366,000 $ 122,000 $ 113,000
Kendall County Illinois 3 $ 738,000 $ 246,000 $ 79,000
Benzie County Michigan 3 $ 702,000 $ 234,000 $ 112,000
Cheboygan County Michigan 3 $ 357,000 $ 119,000 $ 71,000
Gratiot County Michigan 3 $ 217,000 $ 72,000 $ 31,000
Luce County Michigan 3 $ 646,000 $ 215,000 $ 187,000
Shiawassee County Michigan 3 $ 416,000 $ 138,000 $ 77,000
Medina County Ohio 3 $ 734,000 $ 244,000 $ 129,000
McMinn County Tennessee 3 $ 324,000 $ 108,000 $ 44,000
Mobile County Alabama 2 $ 502,000 $ 251,000 $ 114,000
Coconino County Arizona 2 $ 422,000 $ 211,000 $ 68,000
Maricopa County Arizona 2 $ 480,000 $ 240,000 $ 108,000
Pima County Arizona 2 $ 355,000 $ 177,000 $ 57,000
Denver County Colorado 2 $ 324,000 $ 162,000 $ 185,000
Broward County Florida 2 $ 1,626,000 $ 813,000 $ 245,000
Citrus County Florida 2 $ 773,000 $ 386,000 $ 137,000
Duval County Florida 2 $ 371,000 $ 185,000 $ 235,000
Hillsborough County Florida 2 $ 386,000 $ 193,000 $ 98,000
Orange County Florida 2 $ 203,000 $ 101,000 $ 68,000
Seminole County Florida 2 $ 672,000 $ 336,000 $ 217,000
Forsyth County Georgia 2 $ 504,000 $ 252,000 $ 120,000
Kootenai County Idaho 2 $ 305,000 $ 152,000 $ 82,000
Sangamon County Illinois 2 $ 393,000 $ 196,000 $ 77,000
Shawnee County Kansas 2 $ 128,000 $ 64,000 $ 74,000
Orleans County Louisiana 2 $ 366,000 $ 183,000 $ 250,000
Prince George's County Maryland 2 $ 685,000 $ 342,000 $ 96,000
Middlesex County Massachusetts 2 $ 452,000 $ 226,000 $ 122,000
Cass County Michigan 2 $ 118,000 $ 59,000 $ 84,000
Lake County Michigan 2 $ 177,000 $ 88,000 $ 98,000
Leelanau County Michigan 2 $ 1,132,000 $ 566,000 $ 329,000
Mackinac County Michigan 2 $ 705,000 $ 352,000 $ 178,000
Mason County Michigan 2 $ 303,000 $ 151,000 $ 211,000
Midland County Michigan 2 $ 339,000 $ 169,000 $ 186,000
Missaukee County Michigan 2 $ 175,000 $ 87,000 $ 46,000
Otsego County Michigan 2 $ 607,000 $ 303,000 $ 117,000
Presque Isle County Michigan 2 $ 126,000 $ 63,000 $ 28,000
Roscommon County Michigan 2 $ 602,000 $ 301,000 $ 82,000
St. Clair County Michigan 2 $ 350,000 $ 175,000 $ 310,000
Kandiyohi County Minnesota 2 $ 238,000 $ 119,000 $ 57,000
Ramsey County Minnesota 2 $ 541,000 $ 270,000 $ 54,000
Bernalillo County New Mexico 2 $ 350,000 $ 175,000 $ 128,000
Sandoval County New Mexico 2 $ 500,000 $ 250,000 $ 99,000
Wood County Ohio 2 $ 598,000 $ 299,000 $ 120,000
Multnomah County Oregon 2 $ 426,000 $ 213,000 $ 49,000
Anderson County Tennessee 2 $ 236,000 $ 118,000 $ 38,000
Roane County Tennessee 2 $ 183,000 $ 91,000 $ 51,000
Box Elder County Utah 2 $ 441,000 $ 220,000 $ 90,000
Richmond City County Virginia 2 $ 204,000 $ 102,000 $ 203,000
Brown County Wisconsin 2 $ 524,000 $ 262,000 $ 111,000
Sheboygan County Wisconsin 2 $ 304,000 $ 152,000 $ 55,000
Walworth County Wisconsin 2 $ 299,000 $ 149,000 $ 98,000
Cullman County Alabama 1 $ 87,000 $ 87,000 $ 24,000
Mohave County Arizona 1 $ 281,000 $ 281,000 $ 70,000
Yavapai County Arizona 1 $ 175,000 $ 175,000 $ 80,000
El Dorado County California 1 $ 245,000 $ 245,000 $ 59,000
Arapahoe County Colorado 1 $ 361,000 $ 361,000 $ 122,000
El Paso County Colorado 1 $ 349,000 $ 349,000 $ 180,000
Grand County Colorado 1 $ 417,000 $ 417,000 $ 285,000
La Plata County Colorado 1 $ 286,000 $ 286,000 $ 72,000
Litchfield County Connecticut 1 $ 272,000 $ 272,000 $ 256,000
New Haven County Connecticut 1 $ 194,000 $ 194,000 $ 90,000
New London County Connecticut 1 $ 975,000 $ 975,000 $ 1,250,000
Bay County Florida 1 $ 98,000 $ 98,000 $ 33,000
Collier County Florida 1 $ 960,000 $ 960,000 $ 527,000
Lee County Florida 1 $ 337,000 $ 337,000 $ 142,000
Marion County Florida 1 $ 266,000 $ 266,000 $ 68,000
Palm Beach County Florida 1 $ 900,000 $ 900,000 $ 216,000
Pasco County Florida 1 $ 162,000 $ 162,000 $ 170,000
Pinellas County Florida 1 $ 50,000 $ 50,000 $ 19,000
Polk County Florida 1 $ 212,000 $ 212,000 $ 309,000
Chatham County Georgia 1 $ 333,000 $ 333,000 $ 113,000
Crisp County Georgia 1 $ 76,000 $ 76,000 $ 192,000
Gordon County Georgia 1 $ 95,000 $ 95,000 $ 72,000
Gwinnett County Georgia 1 $ 191,000 $ 191,000 $ 86,000
Hancock County Georgia 1 $ 399,000 $ 399,000 $ 208,000
Henry County Georgia 1 $ 140,000 $ 140,000 $ 48,000
Liberty County Georgia 1 $ 233,000 $ 233,000 $ 180,000
Ada County Idaho 1 $ 189,000 $ 189,000 $ 50,000
Bear Lake County Idaho 1 $ 89,000 $ 89,000 $ 228,000
Bonneville County Idaho 1 $ 356,000 $ 356,000 $ 129,000
Franklin County Idaho 1 $ 88,000 $ 88,000 $ 21,000
Oneida County Idaho 1 $ 223,000 $ 223,000 $ 87,000
Boone County Illinois 1 $ 106,000 $ 106,000 $ 42,000
Grundy County Illinois 1 $ 228,000 $ 228,000 $ 70,000
Jo Daviess County Illinois 1 $ 228,000 $ 228,000 $ 90,000
Logan County Illinois 1 $ 132,000 $ 132,000 $ 170,000
Stephenson County Illinois 1 $ 273,000 $ 273,000 $ 175,000
Winnebago County Illinois 1 $ 129,000 $ 129,000 $ 96,000
Huntington County Indiana 1 $ 86,000 $ 86,000 $ 19,000
LaPorte County Indiana 1 $ 134,000 $ 134,000 $ 52,000
Marshall County Indiana 1 $ 82,000 $ 82,000 $ 51,000
Monroe County Indiana 1 $ 130,000 $ 130,000 $ 68,000
Polk County Iowa 1 $ 392,000 $ 392,000 $ 140,000
Bullitt County Kentucky 1 $ 96,000 $ 96,000 $ 31,000
Fayette County Kentucky 1 $ 275,000 $ 275,000 $ 132,000
Shelby County Kentucky 1 $ 367,000 $ 367,000 $ 239,000
Jefferson County Louisiana 1 $ 338,000 $ 338,000 $ 220,000
York County Maine 1 $ 280,000 $ 280,000 $ 151,000
Baltimore City County Maryland 1 $ 352,000 $ 352,000 $ 90,000
Cecil County Maryland 1 $ 230,000 $ 230,000 $ 92,000
Essex County Massachusetts 1 $ 415,000 $ 415,000 $ 151,000
Suffolk County Massachusetts 1 $ 260,000 $ 260,000 $ 101,000
Bay County Michigan 1 $ 206,000 $ 206,000 $ 211,000
Branch County Michigan 1 $ 294,000 $ 294,000 $ 58,000
Crawford County Michigan 1 $ 83,000 $ 83,000 $ 35,000
Gladwin County Michigan 1 $ 110,000 $ 110,000 $ 57,000
Gogebic County Michigan 1 $ 338,000 $ 338,000 $ 154,000
Hillsdale County Michigan 1 $ 153,000 $ 153,000 $ 35,000
Huron County Michigan 1 $ 69,000 $ 69,000 $ 89,000
Iosco County Michigan 1 $ 175,000 $ 175,000 $ 132,000
Iron County Michigan 1 $ 218,000 $ 218,000 $ 397,000
Mecosta County Michigan 1 $ 143,000 $ 143,000 $ 63,000
Ogemaw County Michigan 1 $ 286,000 $ 286,000 $ 191,000
St. Joseph County Michigan 1 $ 60,000 $ 60,000 $ 48,000
Wexford County Michigan 1 $ 105,000 $ 105,000 $ 38,000
Anoka County Minnesota 1 $ 410,000 $ 410,000 $ 122,000
Blue Earth County Minnesota 1 $ 101,000 $ 101,000 $ 41,000
Dodge County Minnesota 1 $ 147,000 $ 147,000 $ 75,000
Freeborn County Minnesota 1 $ 150,000 $ 150,000 $ 30,000
Itasca County Minnesota 1 $ 400,000 $ 400,000 $ 102,000
Scott County Minnesota 1 $ 417,000 $ 417,000 $ 207,000
Stearns County Minnesota 1 $ 103,000 $ 103,000 $ 104,000
Steele County Minnesota 1 $ 228,000 $ 228,000 $ 82,000
Washington County Minnesota 1 $ 417,000 $ 417,000 $ 120,000
Lincoln County Missouri 1 $ 168,000 $ 168,000 $ 85,000
Stoddard County Missouri 1 $ 24,000 $ 24,000 $ 29,000
Vernon County Missouri 1 $ 82,000 $ 82,000 $ 66,000
Yellowstone County Montana 1 $ 150,000 $ 150,000 $ 68,000
Carson City County Nevada 1 $ 154,000 $ 154,000 $ 62,000
Atlantic County New Jersey 1 $ 481,000 $ 481,000 $ 123,000
Dona Ana County New Mexico 1 $ 190,000 $ 190,000 $ 73,000
Rio Arriba County New Mexico 1 $ 296,000 $ 296,000 $ 111,000
Schenectady County New York 1 $ 252,000 $ 252,000 $ 58,000
Iredell County North Carolina 1 $ 245,000 $ 245,000 $ 62,000
Wake County North Carolina 1 $ 417,000 $ 417,000 $ 186,000
Coshocton County Ohio 1 $ 39,000 $ 39,000 $ 40,000
Delaware County Ohio 1 $ 248,000 $ 248,000 $ 62,000
Erie County Ohio 1 $ 45,000 $ 45,000 $ 24,000
Franklin County Ohio 1 $ 231,000 $ 231,000 $ 180,000
Geauga County Ohio 1 $ 100,000 $ 100,000 $ 180,000
Hamilton County Ohio 1 $ 103,000 $ 103,000 $ 68,000
Lawrence County Ohio 1 $ 75,000 $ 75,000 $ 119,000
Montgomery County Ohio 1 $ 68,000 $ 68,000 $ 120,000
Stark County Ohio 1 $ 46,000 $ 46,000 $ 52,000
Adams County Pennsylvania 1 $ 640,000 $ 640,000 $ 180,000
Allegheny County Pennsylvania 1 $ 94,000 $ 94,000 $ 69,000
Bucks County Pennsylvania 1 $ 904,000 $ 904,000 $ 504,000
Somerset County Pennsylvania 1 $ 179,000 $ 179,000 $ 72,000
Abbeville County South Carolina 1 $ 237,000 $ 237,000 $ 86,000
Anderson County South Carolina 1 $ 400,000 $ 400,000 $ 180,000
Charleston County South Carolina 1 $ 221,000 $ 221,000 $ 45,000
Pickens County South Carolina 1 $ 117,000 $ 117,000 $ 13,000
Spartanburg County South Carolina 1 $ 147,000 $ 147,000 $ 38,000
Hamblen County Tennessee 1 $ 293,000 $ 293,000 $ 83,000
Maury County Tennessee 1 $ 180,000 $ 180,000 $ 40,000
Monroe County Tennessee 1 $ 152,000 $ 152,000 $ 46,000
Sumner County Tennessee 1 $ 170,000 $ 170,000 $ 81,000
Dallas County Texas 1 $ 417,000 $ 417,000 $ 182,000
Denton County Texas 1 $ 200,000 $ 200,000 $ 74,000
Harris County Texas 1 $ 81,000 $ 81,000 $ 66,000
Jefferson County Texas 1 $ 135,000 $ 135,000 $ 72,000
Sevier County Utah 1 $ 162,000 $ 162,000 $ 57,000
Wasatch County Utah 1 $ 630,000 $ 630,000 $ 386,000
Emporia County Virginia 1 $ 89,000 $ 89,000 $ 72,000
Manassas County Virginia 1 $ 400,000 $ 400,000 $ 198,000
Virginia Beach County Virginia 1 $ 241,000 $ 241,000 $ 100,000
Clark County Washington 1 $ 315,000 $ 315,000 $ 60,000
Spokane County Washington 1 $ 333,000 $ 333,000 $ 160,000
Dane County Wisconsin 1 $ 330,000 $ 330,000 $ 159,000
Douglas County Wisconsin 1 $ 104,000 $ 104,000 $ 50,000
Fond du Lac County Wisconsin 1 $ 184,000 $ 184,000 $ 31,000
Langlade County Wisconsin 1 $ 76,000 $ 76,000 $ 48,000
Oconto County Wisconsin 1 $ 52,000 $ 52,000 $ 48,000
Waukesha County Wisconsin 1 $ 164,000 $ 164,000 $ 119,000

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 Progressive Mortgage Company in 2008

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
Refinancing 1,433 $305,007,000 $212,000 $1,523,000 $98,000 $945,000
Home Purchase 770 $145,200,000 $188,000 $2,080,000 $96,000 $1,250,000
Home Improvement 1 $357,000 $357,000 $357,000 $76,000 $76,000

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 1,684 $356,717,000 $211,000 $2,080,000 $102,000 $1,250,000
Black or African American 186 $26,748,000 $143,000 $1,140,000 $82,000 $945,000
Hispanic 126 $23,946,000 $190,000 $630,000 $63,000 $170,000
Not Provided 110 $20,010,000 $181,000 $648,000 $92,000 $525,000
Asian 88 $21,284,000 $241,000 $482,000 $100,000 $391,000
Native Hawaiian or Other Pacific Islander 6 $1,319,000 $219,000 $413,000 $82,000 $132,000
American Indian or Alaskan Native 4 $540,000 $135,000 $230,000 $90,000 $116,000
Not applicable 0 $0 $0 $0 $0 $0

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) 2,181 $446,570,000 $204,000 $2,080,000 $98,000 $1,250,000
FHA-insured (Federal Housing Administration) 19 $3,568,000 $187,000 $376,000 $76,000 $161,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 4 $426,000 $106,000 $155,000 $41,000 $70,000
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

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 972 $196,043,000 $201,000 $1,000,000 $97,000 $541,000
Application Denied By Financial Institution 553 $113,746,000 $205,000 $2,080,000 $95,000 $945,000
File Closed For Incompleteness 479 $99,330,000 $207,000 $1,523,000 $100,000 $1,250,000
Application Withdrawn By Applicant 177 $37,270,000 $210,000 $1,140,000 $104,000 $690,000
Application Approved But Not Accepted 23 $4,175,000 $181,000 $417,000 $87,000 $216,000
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
Debt-To-Income Ratio 154 $34,563,000 $224,000 $2,080,000 $70,000 $576,000
Credit History 114 $19,463,000 $170,000 $1,125,000 $74,000 $624,000
Collateral 92 $20,047,000 $217,000 $1,000,000 $126,000 $610,000
Other 91 $17,441,000 $191,000 $948,000 $125,000 $591,000
Mortgage Insurance Denied 35 $6,299,000 $179,000 $455,000 $68,000 $170,000
Unverifiable Information 18 $3,123,000 $173,000 $334,000 $80,000 $180,000
Employment History 18 $4,467,000 $248,000 $696,000 $125,000 $492,000
Credit Application Incomplete 15 $4,001,000 $266,000 $482,000 $121,000 $391,000
Insufficient Cash (Downpayment, Closing Cost) 5 $1,366,000 $273,000 $530,000 $115,000 $225,000

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.

Download the Michigan Lender List