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 Ross Mortgage Corporation.
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 | Ross Mortgage Corporation 2075 W. Big Beaver, Suite 700 Troy, MI 48084 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 | 2,403 |
Total Mortgage Loan Application Amount | $455,495,000 |
Average Mortgage Loan Application Amount | $179,200 |
Highest Mortgage Loan Application Amount | $1,455,000 |
Average Applicant Income | $99,800 |
Highest Applicant Income | $1,635,000 |
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.
County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
---|---|---|---|---|
Oakland County Michigan | 669 | $ 158,075,000 | $ 236,000 | $ 110,000 |
Wayne County Michigan | 558 | $ 89,040,000 | $ 159,000 | $ 75,000 |
Genesee County Michigan | 326 | $ 43,270,000 | $ 132,000 | $ 61,000 |
Macomb County Michigan | 242 | $ 41,870,000 | $ 173,000 | $ 82,000 |
Livingston County Michigan | 157 | $ 39,445,000 | $ 251,000 | $ 92,000 |
Lapeer County Michigan | 40 | $ 7,940,000 | $ 198,000 | $ 85,000 |
Washtenaw County Michigan | 38 | $ 8,370,000 | $ 220,000 | $ 91,000 |
Lafayette County Louisiana | 35 | $ 5,785,000 | $ 165,000 | $ 61,000 |
Monroe County Michigan | 27 | $ 4,345,000 | $ 160,000 | $ 69,000 |
Shiawassee County Michigan | 26 | $ 3,620,000 | $ 139,000 | $ 61,000 |
Saginaw County Michigan | 19 | $ 2,945,000 | $ 155,000 | $ 74,000 |
St. Martin County Louisiana | 17 | $ 2,535,000 | $ 149,000 | $ 61,000 |
Kent County Michigan | 15 | $ 3,095,000 | $ 206,000 | $ 70,000 |
Ingham County Michigan | 14 | $ 2,290,000 | $ 163,000 | $ 57,000 |
Vermilion County Louisiana | 11 | $ 1,525,000 | $ 138,000 | $ 53,000 |
Centre County Pennsylvania | 9 | $ 2,275,000 | $ 252,000 | $ 84,000 |
St. Landry County Louisiana | 8 | $ 1,480,000 | $ 185,000 | $ 92,000 |
Iberia County Louisiana | 7 | $ 1,255,000 | $ 179,000 | $ 65,000 |
St. Clair County Michigan | 7 | $ 1,305,000 | $ 186,000 | $ 75,000 |
Tuscola County Michigan | 7 | $ 615,000 | $ 87,000 | $ 61,000 |
Duval County Florida | 5 | $ 1,055,000 | $ 211,000 | $ 77,000 |
Calcasieu County Louisiana | 5 | $ 1,065,000 | $ 213,000 | $ 65,000 |
Jackson County Michigan | 5 | $ 1,005,000 | $ 201,000 | $ 84,000 |
Lee County Florida | 4 | $ 1,380,000 | $ 345,000 | $ 155,000 |
Acadia County Louisiana | 4 | $ 500,000 | $ 125,000 | $ 64,000 |
Gladwin County Michigan | 4 | $ 670,000 | $ 167,000 | $ 63,000 |
Roscommon County Michigan | 4 | $ 550,000 | $ 137,000 | $ 151,000 |
Clay County Florida | 3 | $ 565,000 | $ 188,000 | $ 75,000 |
Leon County Florida | 3 | $ 575,000 | $ 191,000 | $ 51,000 |
Carroll County Maryland | 3 | $ 1,325,000 | $ 441,000 | $ 50,000 |
Cecil County Maryland | 3 | $ 865,000 | $ 288,000 | $ 15,000 |
Harford County Maryland | 3 | $ 645,000 | $ 215,000 | $ 79,000 |
Montgomery County Maryland | 3 | $ 765,000 | $ 255,000 | $ 84,000 |
Clinton County Michigan | 3 | $ 495,000 | $ 165,000 | $ 76,000 |
Eaton County Michigan | 3 | $ 725,000 | $ 241,000 | $ 89,000 |
Emmet County Michigan | 3 | $ 875,000 | $ 291,000 | $ 158,000 |
Grand Traverse County Michigan | 3 | $ 835,000 | $ 278,000 | $ 317,000 |
Iosco County Michigan | 3 | $ 405,000 | $ 135,000 | $ 126,000 |
Kalamazoo County Michigan | 3 | $ 575,000 | $ 191,000 | $ 118,000 |
Lenawee County Michigan | 3 | $ 455,000 | $ 151,000 | $ 64,000 |
Midland County Michigan | 3 | $ 545,000 | $ 181,000 | $ 124,000 |
Ogemaw County Michigan | 3 | $ 565,000 | $ 188,000 | $ 147,000 |
Butler County Ohio | 3 | $ 435,000 | $ 145,000 | $ 29,000 |
Charlotte County Florida | 2 | $ 480,000 | $ 240,000 | $ 97,000 |
Flagler County Florida | 2 | $ 460,000 | $ 230,000 | $ 109,000 |
Orange County Florida | 2 | $ 260,000 | $ 130,000 | $ 97,000 |
Pasco County Florida | 2 | $ 310,000 | $ 155,000 | $ 62,000 |
Sarasota County Florida | 2 | $ 1,230,000 | $ 615,000 | $ 206,000 |
St. Lucie County Florida | 2 | $ 480,000 | $ 240,000 | $ 85,000 |
Cheboygan County Michigan | 2 | $ 280,000 | $ 140,000 | $ 58,000 |
Gratiot County Michigan | 2 | $ 270,000 | $ 135,000 | $ 70,000 |
Huron County Michigan | 2 | $ 220,000 | $ 110,000 | $ 124,000 |
Kalkaska County Michigan | 2 | $ 170,000 | $ 85,000 | $ 28,000 |
Mecosta County Michigan | 2 | $ 390,000 | $ 195,000 | $ 162,000 |
Missaukee County Michigan | 2 | $ 340,000 | $ 170,000 | $ 123,000 |
Montcalm County Michigan | 2 | $ 300,000 | $ 150,000 | $ 66,000 |
Otsego County Michigan | 2 | $ 230,000 | $ 115,000 | $ 134,000 |
St. Joseph County Michigan | 2 | $ 190,000 | $ 95,000 | $ 29,000 |
Hamilton County Ohio | 2 | $ 390,000 | $ 195,000 | $ 73,000 |
Montgomery County Ohio | 2 | $ 220,000 | $ 110,000 | $ 76,000 |
Preble County Ohio | 2 | $ 210,000 | $ 105,000 | $ 47,000 |
Brevard County Florida | 1 | $ 165,000 | $ 165,000 | $ 47,000 |
Broward County Florida | 1 | $ 395,000 | $ 395,000 | $ 106,000 |
Citrus County Florida | 1 | $ 445,000 | $ 445,000 | $ 107,000 |
Collier County Florida | 1 | $ 205,000 | $ 205,000 | $ 81,000 |
Lake County Florida | 1 | $ 185,000 | $ 185,000 | $ 76,000 |
Manatee County Florida | 1 | $ 215,000 | $ 215,000 | $ 189,000 |
Marion County Florida | 1 | $ 245,000 | $ 245,000 | $ 0 |
Polk County Florida | 1 | $ 135,000 | $ 135,000 | $ 26,000 |
St. Johns County Florida | 1 | $ 145,000 | $ 145,000 | $ 37,000 |
Volusia County Florida | 1 | $ 135,000 | $ 135,000 | $ 25,000 |
DeKalb County Georgia | 1 | $ 195,000 | $ 195,000 | $ 105,000 |
Gwinnett County Georgia | 1 | $ 215,000 | $ 215,000 | $ 50,000 |
Elkhart County Indiana | 1 | $ 295,000 | $ 295,000 | $ 106,000 |
Whitley County Indiana | 1 | $ 215,000 | $ 215,000 | $ 83,000 |
Evangeline County Louisiana | 1 | $ 125,000 | $ 125,000 | $ 91,000 |
Sabine County Louisiana | 1 | $ 155,000 | $ 155,000 | $ 164,000 |
Anne Arundel County Maryland | 1 | $ 405,000 | $ 405,000 | $ 138,000 |
Howard County Maryland | 1 | $ 305,000 | $ 305,000 | $ 128,000 |
Prince George's County Maryland | 1 | $ 555,000 | $ 555,000 | $ 147,000 |
St. Mary's County Maryland | 1 | $ 505,000 | $ 505,000 | $ 271,000 |
Alcona County Michigan | 1 | $ 45,000 | $ 45,000 | $ 62,000 |
Allegan County Michigan | 1 | $ 105,000 | $ 105,000 | $ 38,000 |
Antrim County Michigan | 1 | $ 65,000 | $ 65,000 | $ 133,000 |
Arenac County Michigan | 1 | $ 205,000 | $ 205,000 | $ 0 |
Benzie County Michigan | 1 | $ 345,000 | $ 345,000 | $ 95,000 |
Chippewa County Michigan | 1 | $ 85,000 | $ 85,000 | $ 192,000 |
Clare County Michigan | 1 | $ 145,000 | $ 145,000 | $ 103,000 |
Crawford County Michigan | 1 | $ 35,000 | $ 35,000 | $ 128,000 |
Dickinson County Michigan | 1 | $ 135,000 | $ 135,000 | $ 100,000 |
Hillsdale County Michigan | 1 | $ 35,000 | $ 35,000 | $ 44,000 |
Isabella County Michigan | 1 | $ 145,000 | $ 145,000 | $ 38,000 |
Leelanau County Michigan | 1 | $ 265,000 | $ 265,000 | $ 102,000 |
Ottawa County Michigan | 1 | $ 275,000 | $ 275,000 | $ 124,000 |
Wexford County Michigan | 1 | $ 75,000 | $ 75,000 | $ 24,000 |
Allen County Ohio | 1 | $ 65,000 | $ 65,000 | $ 103,000 |
Clark County Ohio | 1 | $ 365,000 | $ 365,000 | $ 118,000 |
Fairfield County Ohio | 1 | $ 135,000 | $ 135,000 | $ 73,000 |
Greene County Ohio | 1 | $ 85,000 | $ 85,000 | $ 37,000 |
Licking County Ohio | 1 | $ 325,000 | $ 325,000 | $ 81,000 |
Lucas County Ohio | 1 | $ 145,000 | $ 145,000 | $ 46,000 |
Miami County Ohio | 1 | $ 185,000 | $ 185,000 | $ 116,000 |
Ottawa County Ohio | 1 | $ 205,000 | $ 205,000 | $ 67,000 |
Union County Ohio | 1 | $ 215,000 | $ 215,000 | $ 67,000 |
Warren County Ohio | 1 | $ 105,000 | $ 105,000 | $ 59,000 |
Adams County Pennsylvania | 1 | $ 175,000 | $ 175,000 | $ 79,000 |
Blair County Pennsylvania | 1 | $ 175,000 | $ 175,000 | $ 41,000 |
Clearfield County Pennsylvania | 1 | $ 145,000 | $ 145,000 | $ 43,000 |
Huntingdon County Pennsylvania | 1 | $ 255,000 | $ 255,000 | $ 428,000 |
Chippewa County Wisconsin | 1 | $ 215,000 | $ 215,000 | $ 90,000 |
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.
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 | 1,727 | $308,675,000 | $178,000 | $1,105,000 | $80,000 | $751,000 |
Refinancing | 414 | $93,720,000 | $226,000 | $1,455,000 | $96,000 | $1,635,000 |
Cash-out Refinancing | 233 | $48,805,000 | $209,000 | $865,000 | $105,000 | $669,000 |
Other Purpose | 28 | $4,160,000 | $148,000 | $485,000 | $135,000 | $777,000 |
Home Improvement | 1 | $135,000 | $135,000 | $135,000 | $83,000 | $83,000 |
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 | 1,532 | $292,950,000 | $191,000 | $1,455,000 | $85,000 | $777,000 |
Not Provided | 658 | $127,650,000 | $193,000 | $1,105,000 | $91,000 | $1,635,000 |
Black or African American | 132 | $18,670,000 | $141,000 | $365,000 | $59,000 | $179,000 |
Hispanic | 51 | $9,105,000 | $178,000 | $495,000 | $78,000 | $239,000 |
Asian | 24 | $6,130,000 | $255,000 | $595,000 | $129,000 | $339,000 |
American Indian or Alaskan Native | 4 | $530,000 | $132,000 | $185,000 | $48,000 | $72,000 |
Native Hawaiian or Other Pacific Islander | 1 | $155,000 | $155,000 | $155,000 | $40,000 | $40,000 |
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) | 1,555 | $308,935,000 | $198,000 | $1,455,000 | $99,000 | $1,635,000 |
FHA-insured (Federal Housing Administration) | 546 | $81,150,000 | $148,000 | $365,000 | $61,000 | $208,000 |
VA-guaranteed (Veterans Administration) | 224 | $54,030,000 | $241,000 | $605,000 | $68,000 | $271,000 |
FSA/RHS (Farm Service Agency or Rural Housing Service) | 78 | $11,380,000 | $145,000 | $255,000 | $52,000 | $130,000 |
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 | 2,014 | $383,320,000 | $190,000 | $1,455,000 | $86,000 | $1,635,000 |
Application Withdrawn By Applicant | 223 | $42,645,000 | $191,000 | $735,000 | $85,000 | $500,000 |
Application Denied By Financial Institution | 97 | $17,695,000 | $182,000 | $1,105,000 | $72,000 | $360,000 |
Application Approved But Not Accepted | 30 | $5,400,000 | $180,000 | $365,000 | $117,000 | $777,000 |
File Closed For Incompleteness | 29 | $4,905,000 | $169,000 | $365,000 | $76,000 | $242,000 |
Preapproval Approved but not Accepted | 7 | $1,085,000 | $155,000 | $305,000 | $57,000 | $133,000 |
Preapproval Denied by Financial Institution | 3 | $445,000 | $148,000 | $215,000 | $43,000 | $54,000 |
Loan Purchased By The 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 | 2,303 | $437,355,000 | $189,000 | $1,455,000 | $86,000 | $1,635,000 |
Collateral | 34 | $6,580,000 | $193,000 | $565,000 | $89,000 | $216,000 |
Other | 18 | $3,440,000 | $191,000 | $1,105,000 | $73,000 | $360,000 |
Credit History | 14 | $2,730,000 | $195,000 | $475,000 | $70,000 | $136,000 |
Debt-To-Income Ratio | 13 | $2,665,000 | $205,000 | $425,000 | $51,000 | $90,000 |
Employment History | 9 | $885,000 | $98,000 | $185,000 | $40,000 | $59,000 |
Insufficient Cash (Downpayment, Closing Cost) | 9 | $955,000 | $106,000 | $165,000 | $52,000 | $98,000 |
Unverifiable Information | 3 | $885,000 | $295,000 | $435,000 | $98,000 | $120,000 |
Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
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.