Sallie Mae Home Loans Mortgage Lending & HMDA Data, 2007

In 2007, Sallie Mae Home Loans of Novi, MI reported 3,862 mortgage applications totaling $715.3 million, down 58% from 2006. The average application was for $185,223, and applicants reported an average income of $91,762. 59% of its applications resulted in an originated loan and 16% were denied. Its largest markets were Phoenix-Mesa-Scottsdale, AZ (330), Warren-Troy-Farmington Hills, MI (321) and Detroit-Livonia-Dearborn, MI (249) (applications in parentheses).

Mortgage Company & Address Sallie Mae Home Loans
28175 Cabot Dr
Novi, MI 48377
Tel #: available with data download
Federal Regulator * available with data download
Years 2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 3,862
Total Mortgage Loan Application Amount $715,335,000
Average Mortgage Loan Application Amount $185,223
Highest Mortgage Loan Application Amount $1,890,000
Average Applicant Income $91,762
Highest Applicant Income $1,500,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Sallie Mae Home Loans filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Sallie Mae Home Loans by County in 2007

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Maricopa, Arizona 310 $ 63,562,000 $ 205,038 $ 104,000
Wayne, Michigan 249 $ 33,678,000 $ 135,253 $ 83,000
Oakland, Michigan 200 $ 38,787,000 $ 193,935 $ 114,000
Middlesex, Massachusetts 117 $ 35,649,000 $ 304,692 $ 152,000
Macomb, Michigan 70 $ 10,238,000 $ 146,257 $ 84,000
Los Angeles, California 68 $ 21,827,000 $ 320,985 $ 117,000
Norfolk, Massachusetts 51 $ 12,360,000 $ 242,352 $ 104,000
Suffolk, Massachusetts 51 $ 14,176,000 $ 277,960 $ 105,000
Cook, Illinois 49 $ 9,839,000 $ 200,795 $ 92,000
Washtenaw, Michigan 47 $ 8,254,000 $ 175,617 $ 95,000
Plymouth, Massachusetts 45 $ 12,106,000 $ 269,022 $ 94,000
Livingston, Michigan 42 $ 7,117,000 $ 169,452 $ 78,000
Pima, Arizona 40 $ 6,466,000 $ 161,650 $ 77,000
Hamilton, Indiana 34 $ 4,767,000 $ 140,205 $ 89,000
Essex, Massachusetts 34 $ 8,187,000 $ 240,794 $ 123,000
Worcester, Massachusetts 27 $ 5,404,000 $ 200,148 $ 80,000
Riverside, California 26 $ 6,568,000 $ 252,615 $ 136,000
San Bernardino, California 26 $ 6,461,000 $ 248,500 $ 104,000
Bristol, Massachusetts 26 $ 5,326,000 $ 204,846 $ 99,000
Pinal, Arizona 20 $ 2,848,000 $ 142,400 $ 78,000
Marion, Indiana 20 $ 2,273,000 $ 113,650 $ 71,000
Fairfax, Virginia 20 $ 6,025,000 $ 301,250 $ 134,000
Orange, Florida 18 $ 4,134,000 $ 229,666 $ 96,000
Barnstable, Massachusetts 18 $ 5,195,000 $ 288,611 $ 115,000
Miami-Dade, Florida 17 $ 3,534,000 $ 207,882 $ 112,000
Jefferson, Colorado 16 $ 2,244,000 $ 140,250 $ 83,000
Genesee, Michigan 16 $ 1,822,000 $ 113,875 $ 75,000
San Diego, California 15 $ 4,286,000 $ 285,733 $ 120,000
Fulton, Georgia 15 $ 2,755,000 $ 183,666 $ 88,000
Orange, California 14 $ 4,424,000 $ 316,000 $ 121,000
Seminole, Florida 14 $ 2,078,000 $ 148,428 $ 73,000
King, Washington 14 $ 3,241,000 $ 231,500 $ 117,000
Palm Beach, Florida 13 $ 3,317,000 $ 255,153 $ 56,000
Will, Illinois 13 $ 2,597,000 $ 199,769 $ 117,000
Harris, Texas 13 $ 2,611,000 $ 200,846 $ 96,000
Yuma, Arizona 12 $ 1,629,000 $ 135,750 $ 74,000
Lake, Indiana 12 $ 1,666,000 $ 138,833 $ 98,000
Ingham, Michigan 12 $ 1,889,000 $ 157,416 $ 91,000
Philadelphia, Pennsylvania 12 $ 1,856,000 $ 154,666 $ 109,000
Sacramento, California 11 $ 3,396,000 $ 308,727 $ 78,000
Lenawee, Michigan 11 $ 1,200,000 $ 109,090 $ 99,000
St. Louis, Missouri 11 $ 2,141,000 $ 194,636 $ 107,000
Multnomah, Oregon 11 $ 2,316,000 $ 210,545 $ 76,000
Delaware, Pennsylvania 11 $ 1,628,000 $ 148,000 $ 80,000
Northampton, Pennsylvania 11 $ 1,757,000 $ 159,727 $ 89,000
Bexar, Texas 11 $ 1,786,000 $ 162,363 $ 66,000
Virginia Beach, Virginia 11 $ 1,494,000 $ 135,818 $ 72,000
El Paso, Colorado 10 $ 1,926,000 $ 192,600 $ 126,000
Shoshone, Idaho 10 $ 2,174,000 $ 217,400 $ 435,000
Rockingham, New Hampshire 10 $ 2,713,000 $ 271,300 $ 127,000
Lehigh, Pennsylvania 10 $ 1,770,000 $ 177,000 $ 127,000
Montgomery, Pennsylvania 10 $ 1,642,000 $ 164,200 $ 90,000
Loudoun, Virginia 10 $ 2,652,000 $ 265,200 $ 128,000
Broward, Florida 9 $ 2,608,000 $ 289,777 $ 102,000
Lee, Florida 9 $ 2,342,000 $ 260,222 $ 144,000
Leon, Florida 9 $ 1,402,000 $ 155,777 $ 76,000
DeKalb, Georgia 9 $ 1,478,000 $ 164,222 $ 111,000
Madison, Indiana 9 $ 1,100,000 $ 122,222 $ 87,000
Montgomery, Maryland 9 $ 2,455,000 $ 272,777 $ 105,000
Hillsborough, New Hampshire 9 $ 2,166,000 $ 240,666 $ 89,000
Pierce, Washington 9 $ 1,666,000 $ 185,111 $ 51,000
Fresno, California 8 $ 2,184,000 $ 273,000 $ 135,000
Monterey, California 8 $ 2,592,000 $ 324,000 $ 195,000
Denver, Colorado 8 $ 1,598,000 $ 199,750 $ 92,000
Douglas, Colorado 8 $ 1,781,000 $ 222,625 $ 121,000
Hillsborough, Florida 8 $ 1,244,000 $ 155,500 $ 100,000
DuPage, Illinois 8 $ 1,271,000 $ 158,875 $ 73,000
Porter, Indiana 8 $ 902,000 $ 112,750 $ 70,000
Kent, Michigan 8 $ 1,159,000 $ 144,875 $ 88,000
St. Charles, Missouri 8 $ 1,191,000 $ 148,875 $ 78,000
Luzerne, Pennsylvania 8 $ 742,000 $ 92,750 $ 43,000
Milwaukee, Wisconsin 8 $ 1,106,000 $ 138,250 $ 62,000
Weld, Colorado 7 $ 1,065,000 $ 152,142 $ 87,000
Pinellas, Florida 7 $ 904,000 $ 129,142 $ 59,000
Polk, Florida 7 $ 1,039,000 $ 148,428 $ 52,000
Kane, Illinois 7 $ 1,923,000 $ 274,714 $ 103,000
Madison, Illinois 7 $ 602,000 $ 86,000 $ 74,000
McHenry, Illinois 7 $ 961,000 $ 137,285 $ 85,000
Johnson, Indiana 7 $ 626,000 $ 89,428 $ 85,000
Monroe, Michigan 7 $ 780,000 $ 111,428 $ 71,000
St. Clair, Michigan 7 $ 1,032,000 $ 147,428 $ 100,000
Hennepin, Minnesota 7 $ 2,119,000 $ 302,714 $ 176,000
Montgomery, Ohio 7 $ 951,000 $ 135,857 $ 59,000
Oklahoma, Oklahoma 7 $ 929,000 $ 132,714 $ 115,000
Bucks, Pennsylvania 7 $ 1,599,000 $ 228,428 $ 95,000
Chesterfield, Virginia 7 $ 1,307,000 $ 186,714 $ 83,000
Henrico, Virginia 7 $ 1,582,000 $ 226,000 $ 95,000
Mohave, Arizona 6 $ 1,737,000 $ 289,500 $ 114,000
Yavapai, Arizona 6 $ 1,626,000 $ 271,000 $ 180,000
Kern, California 6 $ 1,160,000 $ 193,333 $ 85,000
Ventura, California 6 $ 1,990,000 $ 331,666 $ 162,000
Hartford, Connecticut 6 $ 1,232,000 $ 205,333 $ 58,000
Bay, Florida 6 $ 939,000 $ 156,500 $ 61,000
Cobb, Georgia 6 $ 722,000 $ 120,333 $ 74,000
Delaware, Indiana 6 $ 510,000 $ 85,000 $ 48,000
St. Joseph, Indiana 6 $ 730,000 $ 121,666 $ 66,000
Sedgwick, Kansas 6 $ 562,000 $ 93,666 $ 52,000
Jefferson, Kentucky 6 $ 833,000 $ 138,833 $ 86,000
Prince George's, Maryland 6 $ 1,472,000 $ 245,333 $ 64,000
Anoka, Minnesota 6 $ 681,000 $ 113,500 $ 68,000
Allegheny, Pennsylvania 6 $ 720,000 $ 120,000 $ 61,000
Davidson, Tennessee 6 $ 716,000 $ 119,333 $ 59,000
Dallas, Texas 6 $ 875,000 $ 145,833 $ 46,000
Spotsylvania, Virginia 6 $ 1,503,000 $ 250,500 $ 66,000
Alameda, California 5 $ 2,313,000 $ 462,600 $ 180,000
San Francisco, California 5 $ 1,792,000 $ 358,400 $ 162,000
Santa Clara, California 5 $ 1,788,000 $ 357,600 $ 126,000
Sonoma, California 5 $ 1,744,000 $ 348,800 $ 175,000
Arapahoe, Colorado 5 $ 772,000 $ 154,400 $ 63,000
Mesa, Colorado 5 $ 932,000 $ 186,400 $ 70,000
New Haven, Connecticut 5 $ 1,072,000 $ 214,400 $ 139,000
Ada, Idaho 5 $ 834,000 $ 166,800 $ 104,000
Lake, Illinois 5 $ 1,020,000 $ 204,000 $ 68,000
Sangamon, Illinois 5 $ 479,000 $ 95,800 $ 81,000
Orleans, Louisiana 5 $ 824,000 $ 164,800 $ 87,000
Antrim, Michigan 5 $ 1,252,000 $ 250,400 $ 94,000
Jackson, Michigan 5 $ 864,000 $ 172,800 $ 122,000
Kalamazoo, Michigan 5 $ 812,000 $ 162,400 $ 118,000
St. Louis City, Missouri 5 $ 631,000 $ 126,200 $ 54,000
Cuyahoga, Ohio 5 $ 538,000 $ 107,600 $ 62,000
Franklin, Ohio 5 $ 649,000 $ 129,800 $ 58,000
Hamilton, Ohio 5 $ 683,000 $ 136,600 $ 77,000
Shelby, Tennessee 5 $ 311,000 $ 62,200 $ 44,000
Montgomery, Texas 5 $ 1,455,000 $ 291,000 $ 116,000
Prince William, Virginia 5 $ 2,412,000 $ 482,400 $ 70,000
Jefferson, Alabama 4 $ 716,000 $ 179,000 $ 66,000
Madison, Alabama 4 $ 525,000 $ 131,250 $ 118,000
Shasta, California 4 $ 589,000 $ 147,250 $ 110,000
Litchfield, Connecticut 4 $ 899,000 $ 224,750 $ 87,000
Duval, Florida 4 $ 269,000 $ 67,250 $ 70,000
Manatee, Florida 4 $ 1,106,000 $ 276,500 $ 128,000
St. Lucie, Florida 4 $ 419,000 $ 104,750 $ 81,000
Volusia, Florida 4 $ 579,000 $ 144,750 $ 61,000
Kendall, Illinois 4 $ 503,000 $ 125,750 $ 78,000
Winnebago, Illinois 4 $ 502,000 $ 125,500 $ 45,000
Tippecanoe, Indiana 4 $ 411,000 $ 102,750 $ 37,000
Johnson, Kansas 4 $ 732,000 $ 183,000 $ 86,000
Howard, Maryland 4 $ 1,456,000 $ 364,000 $ 86,000
Mecosta, Michigan 4 $ 499,000 $ 124,750 $ 124,000
Clay, Missouri 4 $ 219,000 $ 54,750 $ 33,000
Chaves, New Mexico 4 $ 310,000 $ 77,500 $ 64,000
Benton, Oregon 4 $ 523,000 $ 130,750 $ 115,000
Washington, Oregon 4 $ 732,000 $ 183,000 $ 102,000
Lackawanna, Pennsylvania 4 $ 489,000 $ 122,250 $ 81,000
Lancaster, Pennsylvania 4 $ 388,000 $ 97,000 $ 73,000
Providence, Rhode Island 4 $ 590,000 $ 147,500 $ 64,000
Fort Bend, Texas 4 $ 535,000 $ 133,750 $ 54,000
Hidalgo, Texas 4 $ 525,000 $ 131,250 $ 159,000
Alexandria, Virginia 4 $ 1,758,000 $ 439,500 $ 117,000
Arlington, Virginia 4 $ 1,025,000 $ 256,250 $ 116,000
Clark, Washington 4 $ 662,000 $ 165,500 $ 102,000
Anchorage, Alaska 3 $ 1,147,000 $ 382,333 $ 468,000
Cochise, Arizona 3 $ 492,000 $ 164,000 $ 58,000
Gila, Arizona 3 $ 542,000 $ 180,666 $ 76,000
Navajo, Arizona 3 $ 249,000 $ 83,000 $ 100,000
San Joaquin, California 3 $ 1,217,000 $ 405,666 $ 96,000
San Mateo, California 3 $ 914,000 $ 304,666 $ 79,000
Stanislaus, California 3 $ 605,000 $ 201,666 $ 117,000
Yuba, California 3 $ 367,000 $ 122,333 $ 75,000
Adams, Colorado 3 $ 255,000 $ 85,000 $ 33,000
Summit, Colorado 3 $ 335,000 $ 111,666 $ 83,000
Windham, Connecticut 3 $ 414,000 $ 138,000 $ 12,000
Lake, Florida 3 $ 441,000 $ 147,000 $ 62,000
Pasco, Florida 3 $ 541,000 $ 180,333 $ 59,000
Sarasota, Florida 3 $ 817,000 $ 272,333 $ 102,000
St. Johns, Florida 3 $ 472,000 $ 157,333 $ 71,000
Clayton, Georgia 3 $ 223,000 $ 74,333 $ 46,000
Columbia, Georgia 3 $ 426,000 $ 142,000 $ 92,000
Gwinnett, Georgia 3 $ 630,000 $ 210,000 $ 86,000
Henry, Georgia 3 $ 312,000 $ 104,000 $ 46,000
Newton, Georgia 3 $ 614,000 $ 204,666 $ 78,000
St. Clair, Illinois 3 $ 256,000 $ 85,333 $ 60,000
Tazewell, Illinois 3 $ 297,000 $ 99,000 $ 79,000
Hendricks, Indiana 3 $ 354,000 $ 118,000 $ 91,000
Vanderburgh, Indiana 3 $ 268,000 $ 89,333 $ 102,000
Hardin, Iowa 3 $ 253,000 $ 84,333 $ 60,000
Caddo, Louisiana 3 $ 406,000 $ 135,333 $ 192,000
East Baton Rouge, Louisiana 3 $ 349,000 $ 116,333 $ 41,000
Jefferson, Louisiana 3 $ 268,000 $ 89,333 $ 70,000
St. Tammany, Louisiana 3 $ 509,000 $ 169,666 $ 54,000
Tangipahoa, Louisiana 3 $ 301,000 $ 100,333 $ 71,000
Anne Arundel, Maryland 3 $ 1,052,000 $ 350,666 $ 70,000
Baltimore City, Maryland 3 $ 323,000 $ 107,666 $ 54,000
Charlevoix, Michigan 3 $ 576,000 $ 192,000 $ 75,000
Grand Traverse, Michigan 3 $ 244,000 $ 81,333 $ 66,000
Ottawa, Michigan 3 $ 380,000 $ 126,666 $ 30,000
St. Louis, Minnesota 3 $ 323,000 $ 107,666 $ 58,000
Jackson, Missouri 3 $ 437,000 $ 145,666 $ 51,000
Carroll, New Hampshire 3 $ 647,000 $ 215,666 $ 94,000
Merrimack, New Hampshire 3 $ 842,000 $ 280,666 $ 133,000
Strafford, New Hampshire 3 $ 672,000 $ 224,000 $ 402,000
Bernalillo, New Mexico 3 $ 664,000 $ 221,333 $ 63,000
Dona Ana, New Mexico 3 $ 366,000 $ 122,000 $ 67,000
Sandoval, New Mexico 3 $ 740,000 $ 246,666 $ 121,000
Delaware, Ohio 3 $ 1,053,000 $ 351,000 $ 143,000
Berks, Pennsylvania 3 $ 537,000 $ 179,000 $ 80,000
Chester, Pennsylvania 3 $ 1,031,000 $ 343,666 $ 108,000
Dauphin, Pennsylvania 3 $ 386,000 $ 128,666 $ 114,000
Washington, Pennsylvania 3 $ 249,000 $ 83,000 $ 73,000
Greenwood, South Carolina 3 $ 390,000 $ 130,000 $ 54,000
Greene, Tennessee 3 $ 388,000 $ 129,333 $ 82,000
Sullivan, Tennessee 3 $ 231,000 $ 77,000 $ 52,000
Williamson, Tennessee 3 $ 396,000 $ 132,000 $ 60,000
Collin, Texas 3 $ 577,000 $ 192,333 $ 55,000
El Paso, Texas 3 $ 653,000 $ 217,666 $ 85,000
Tarrant, Texas 3 $ 404,000 $ 134,666 $ 49,000
Newport News, Virginia 3 $ 500,000 $ 166,666 $ 40,000
Prince George, Virginia 3 $ 592,000 $ 197,333 $ 103,000
Roanoke, Virginia 3 $ 358,000 $ 119,333 $ 68,000
Baldwin, Alabama 2 $ 144,000 $ 72,000 $ 47,000
Mobile, Alabama 2 $ 352,000 $ 176,000 $ 76,000
Montgomery, Alabama 2 $ 102,000 $ 51,000 $ 96,000
Coconino, Arizona 2 $ 605,000 $ 302,500 $ 101,000
Graham, Arizona 2 $ 198,000 $ 99,000 $ 87,000
Santa Cruz, Arizona 2 $ 190,000 $ 95,000 $ 53,000
Contra Costa, California 2 $ 410,000 $ 205,000 $ 59,000
Imperial, California 2 $ 357,000 $ 178,500 $ 109,000
Lassen, California 2 $ 277,000 $ 138,500 $ 90,000
Nevada, California 2 $ 394,000 $ 197,000 $ 108,000
Santa Cruz, California 2 $ 485,000 $ 242,500 $ 0
Solano, California 2 $ 271,000 $ 135,500 $ 69,000
Boulder, Colorado 2 $ 350,000 $ 175,000 $ 218,000
Fairfield, Connecticut 2 $ 404,000 $ 202,000 $ 108,000
Alachua, Florida 2 $ 327,000 $ 163,500 $ 49,000
Brevard, Florida 2 $ 396,000 $ 198,000 $ 74,000
Collier, Florida 2 $ 942,000 $ 471,000 $ 150,000
Escambia, Florida 2 $ 212,000 $ 106,000 $ 156,000
Highlands, Florida 2 $ 204,000 $ 102,000 $ 120,000
Osceola, Florida 2 $ 516,000 $ 258,000 $ 102,000
Cherokee, Georgia 2 $ 330,000 $ 165,000 $ 72,000
Thomas, Georgia 2 $ 545,000 $ 272,500 $ 134,000
Troup, Georgia 2 $ 357,000 $ 178,500 $ 96,000
Gem, Idaho 2 $ 254,000 $ 127,000 $ 72,000
Kankakee, Illinois 2 $ 145,000 $ 72,500 $ 116,000
Massac, Illinois 2 $ 143,000 $ 71,500 $ 75,000
Peoria, Illinois 2 $ 138,000 $ 69,000 $ 45,000
Shelby, Illinois 2 $ 280,000 $ 140,000 $ 82,000
Dearborn, Indiana 2 $ 302,000 $ 151,000 $ 25,000
Hancock, Indiana 2 $ 357,000 $ 178,500 $ 84,000
Henry, Indiana 2 $ 162,000 $ 81,000 $ 31,000
LaPorte, Indiana 2 $ 210,000 $ 105,000 $ 28,000
Monroe, Indiana 2 $ 144,000 $ 72,000 $ 38,000
Putnam, Indiana 2 $ 164,000 $ 82,000 $ 48,000
Ripley, Indiana 2 $ 114,000 $ 57,000 $ 55,000
Scott, Indiana 2 $ 111,000 $ 55,500 $ 46,000
Wayne, Indiana 2 $ 209,000 $ 104,500 $ 46,000
Polk, Iowa 2 $ 139,000 $ 69,500 $ 75,000
Butler, Kansas 2 $ 320,000 $ 160,000 $ 47,000
Russell, Kansas 2 $ 70,000 $ 35,000 $ 105,000
Madison, Kentucky 2 $ 84,000 $ 42,000 $ 50,000
St. Landry, Louisiana 2 $ 92,000 $ 46,000 $ 92,000
Androscoggin, Maine 2 $ 170,000 $ 85,000 $ 54,000
Cumberland, Maine 2 $ 345,000 $ 172,500 $ 38,000
York, Maine 2 $ 329,000 $ 164,500 $ 45,000
Baltimore, Maryland 2 $ 522,000 $ 261,000 $ 78,000
Berkshire, Massachusetts 2 $ 261,000 $ 130,500 $ 17,000
Franklin, Massachusetts 2 $ 566,000 $ 283,000 $ 90,000
Hampden, Massachusetts 2 $ 334,000 $ 167,000 $ 60,000
Hampshire, Massachusetts 2 $ 550,000 $ 275,000 $ 167,000
Crawford, Michigan 2 $ 375,000 $ 187,500 $ 100,000
Delta, Michigan 2 $ 264,000 $ 132,000 $ 112,000
Emmet, Michigan 2 $ 284,000 $ 142,000 $ 24,000
Iosco, Michigan 2 $ 184,000 $ 92,000 $ 61,000
Lapeer, Michigan 2 $ 329,000 $ 164,500 $ 119,000
Muskegon, Michigan 2 $ 153,000 $ 76,500 $ 40,000
Shiawassee, Michigan 2 $ 254,000 $ 127,000 $ 83,000
Dakota, Minnesota 2 $ 379,000 $ 189,500 $ 80,000
Freeborn, Minnesota 2 $ 144,000 $ 72,000 $ 68,000
Ramsey, Minnesota 2 $ 666,000 $ 333,000 $ 114,000
Sherburne, Minnesota 2 $ 548,000 $ 274,000 $ 58,000
Harrison, Mississippi 2 $ 239,000 $ 119,500 $ 42,000
Boone, Missouri 2 $ 220,000 $ 110,000 $ 67,000
Butler, Missouri 2 $ 98,000 $ 49,000 $ 37,000
Cass, Missouri 2 $ 443,000 $ 221,500 $ 147,000
Cedar, Missouri 2 $ 261,000 $ 130,500 $ 65,000
Jefferson, Missouri 2 $ 493,000 $ 246,500 $ 91,000
Lawrence, Missouri 2 $ 216,000 $ 108,000 $ 42,000
Platte, Missouri 2 $ 319,000 $ 159,500 $ 156,000
Vernon, Missouri 2 $ 125,000 $ 62,500 $ 34,000
Cascade, Montana 2 $ 300,000 $ 150,000 $ 110,000
Luna, New Mexico 2 $ 176,000 $ 88,000 $ 72,000
Rio Arriba, New Mexico 2 $ 429,000 $ 214,500 $ 27,000
Santa Fe, New Mexico 2 $ 634,000 $ 317,000 $ 79,000
Ashtabula, Ohio 2 $ 281,000 $ 140,500 $ 54,000
Fairfield, Ohio 2 $ 364,000 $ 182,000 $ 74,000
Lake, Ohio 2 $ 544,000 $ 272,000 $ 80,000
Summit, Ohio 2 $ 234,000 $ 117,000 $ 78,000
Wayne, Ohio 2 $ 308,000 $ 154,000 $ 50,000
Logan, Oklahoma 2 $ 214,000 $ 107,000 $ 65,000
Payne, Oklahoma 2 $ 210,000 $ 105,000 $ 120,000
Clackamas, Oregon 2 $ 1,025,000 $ 512,500 $ 102,000
Douglas, Oregon 2 $ 209,000 $ 104,500 $ 77,000
Marion, Oregon 2 $ 231,000 $ 115,500 $ 56,000
Yamhill, Oregon 2 $ 210,000 $ 105,000 $ 72,000
Jefferson, Pennsylvania 2 $ 95,000 $ 47,500 $ 67,000
Lebanon, Pennsylvania 2 $ 375,000 $ 187,500 $ 117,000
Chester, South Carolina 2 $ 320,000 $ 160,000 $ 130,000
Butte, South Dakota 2 $ 130,000 $ 65,000 $ 91,000
Knox, Tennessee 2 $ 296,000 $ 148,000 $ 53,000
Rhea, Tennessee 2 $ 162,000 $ 81,000 $ 38,000
Sevier, Tennessee 2 $ 195,000 $ 97,500 $ 89,000
Galveston, Texas 2 $ 221,000 $ 110,500 $ 48,000
Weber, Utah 2 $ 179,000 $ 89,500 $ 47,000
Orange, Vermont 2 $ 318,000 $ 159,000 $ 61,000
Fauquier, Virginia 2 $ 560,000 $ 280,000 $ 139,000
Hampton, Virginia 2 $ 506,000 $ 253,000 $ 89,000
Hanover, Virginia 2 $ 210,000 $ 105,000 $ 77,000
James City, Virginia 2 $ 447,000 $ 223,500 $ 0
Manassas, Virginia 2 $ 387,000 $ 193,500 $ 81,000
Portsmouth, Virginia 2 $ 338,000 $ 169,000 $ 47,000
Cowlitz, Washington 2 $ 531,000 $ 265,500 $ 80,000
Douglas, Washington 2 $ 225,000 $ 112,500 $ 61,000
Franklin, Washington 2 $ 197,000 $ 98,500 $ 60,000
Mason, Washington 2 $ 195,000 $ 97,500 $ 44,000
Snohomish, Washington 2 $ 430,000 $ 215,000 $ 58,000
Whatcom, Washington 2 $ 372,000 $ 186,000 $ 57,000
La Crosse, Wisconsin 2 $ 443,000 $ 221,500 $ 140,000
Waukesha, Wisconsin 2 $ 144,000 $ 72,000 $ 102,000
Weston, Wyoming 2 $ 211,000 $ 105,500 $ 82,000
Blount, Alabama 1 $ 81,000 $ 81,000 $ 33,000
Calhoun, Alabama 1 $ 79,000 $ 79,000 $ 68,000
Chambers, Alabama 1 $ 59,000 $ 59,000 $ 30,000
Houston, Alabama 1 $ 113,000 $ 113,000 $ 44,000
Shelby, Alabama 1 $ 196,000 $ 196,000 $ 49,000
St. Clair, Alabama 1 $ 139,000 $ 139,000 $ 54,000
Benton, Arkansas 1 $ 163,000 $ 163,000 $ 63,000
Faulkner, Arkansas 1 $ 124,000 $ 124,000 $ 63,000
Howard, Arkansas 1 $ 176,000 $ 176,000 $ 79,000
Lonoke, Arkansas 1 $ 116,000 $ 116,000 $ 75,000
Pulaski, Arkansas 1 $ 71,000 $ 71,000 $ 24,000
Washington, Arkansas 1 $ 17,000 $ 17,000 $ 49,000
Glenn, California 1 $ 166,000 $ 166,000 $ 32,000
Humboldt, California 1 $ 128,000 $ 128,000 $ 80,000
Lake, California 1 $ 323,000 $ 323,000 $ 111,000
Madera, California 1 $ 400,000 $ 400,000 $ 253,000
Merced, California 1 $ 255,000 $ 255,000 $ 51,000
San Luis Obispo, California 1 $ 429,000 $ 429,000 $ 126,000
Siskiyou, California 1 $ 175,000 $ 175,000 $ 45,000
Tuolumne, California 1 $ 330,000 $ 330,000 $ 64,000
Yolo, California 1 $ 165,000 $ 165,000 $ 50,000
Broomfield, Colorado 1 $ 417,000 $ 417,000 $ 179,000
La Plata, Colorado 1 $ 83,000 $ 83,000 $ 108,000
Logan, Colorado 1 $ 193,000 $ 193,000 $ 74,000
Moffat, Colorado 1 $ 128,000 $ 128,000 $ 58,000
Otero, Colorado 1 $ 36,000 $ 36,000 $ 92,000
Park, Colorado 1 $ 384,000 $ 384,000 $ 91,000
Middlesex, Connecticut 1 $ 165,000 $ 165,000 $ 60,000
Charlotte, Florida 1 $ 76,000 $ 76,000 $ 20,000
Citrus, Florida 1 $ 136,000 $ 136,000 $ 64,000
Flagler, Florida 1 $ 120,000 $ 120,000 $ 0
Hernando, Florida 1 $ 112,000 $ 112,000 $ 37,000
Levy, Florida 1 $ 245,000 $ 245,000 $ 0
Marion, Florida 1 $ 314,000 $ 314,000 $ 165,000
Martin, Florida 1 $ 105,000 $ 105,000 $ 100,000
Nassau, Florida 1 $ 323,000 $ 323,000 $ 74,000
Okaloosa, Florida 1 $ 200,000 $ 200,000 $ 72,000
Douglas, Georgia 1 $ 150,000 $ 150,000 $ 61,000
Forsyth, Georgia 1 $ 160,000 $ 160,000 $ 19,000
Hall, Georgia 1 $ 168,000 $ 168,000 $ 35,000
Houston, Georgia 1 $ 104,000 $ 104,000 $ 40,000
Jackson, Georgia 1 $ 179,000 $ 179,000 $ 55,000
Paulding, Georgia 1 $ 184,000 $ 184,000 $ 60,000
Pickens, Georgia 1 $ 310,000 $ 310,000 $ 100,000
Rockdale, Georgia 1 $ 382,000 $ 382,000 $ 170,000
Kootenai, Idaho 1 $ 170,000 $ 170,000 $ 77,000
Boone, Illinois 1 $ 46,000 $ 46,000 $ 48,000
Coles, Illinois 1 $ 71,000 $ 71,000 $ 32,000
Iroquois, Illinois 1 $ 179,000 $ 179,000 $ 103,000
Jo Daviess, Illinois 1 $ 135,000 $ 135,000 $ 40,000
LaSalle, Illinois 1 $ 87,000 $ 87,000 $ 45,000
Lee, Illinois 1 $ 117,000 $ 117,000 $ 66,000
McDonough, Illinois 1 $ 70,000 $ 70,000 $ 47,000
McLean, Illinois 1 $ 59,000 $ 59,000 $ 22,000
Perry, Illinois 1 $ 125,000 $ 125,000 $ 36,000
Rock Island, Illinois 1 $ 125,000 $ 125,000 $ 95,000
Adams, Indiana 1 $ 135,000 $ 135,000 $ 74,000
Bartholomew, Indiana 1 $ 118,000 $ 118,000 $ 45,000
Benton, Indiana 1 $ 70,000 $ 70,000 $ 36,000
Boone, Indiana 1 $ 340,000 $ 340,000 $ 187,000
Carroll, Indiana 1 $ 68,000 $ 68,000 $ 58,000
Clinton, Indiana 1 $ 76,000 $ 76,000 $ 71,000
Grant, Indiana 1 $ 91,000 $ 91,000 $ 33,000
Howard, Indiana 1 $ 83,000 $ 83,000 $ 0
Huntington, Indiana 1 $ 75,000 $ 75,000 $ 79,000
Knox, Indiana 1 $ 107,000 $ 107,000 $ 95,000
Wabash, Indiana 1 $ 56,000 $ 56,000 $ 72,000
Warrick, Indiana 1 $ 97,000 $ 97,000 $ 80,000
White, Indiana 1 $ 72,000 $ 72,000 $ 31,000
Black Hawk, Iowa 1 $ 113,000 $ 113,000 $ 51,000
Cerro Gordo, Iowa 1 $ 108,000 $ 108,000 $ 76,000
Dallas, Iowa 1 $ 102,000 $ 102,000 $ 51,000
Dubuque, Iowa 1 $ 150,000 $ 150,000 $ 73,000
Jones, Iowa 1 $ 89,000 $ 89,000 $ 25,000
Scott, Iowa 1 $ 221,000 $ 221,000 $ 51,000
Story, Iowa 1 $ 196,000 $ 196,000 $ 77,000
Bourbon, Kansas 1 $ 41,000 $ 41,000 $ 20,000
Cowley, Kansas 1 $ 76,000 $ 76,000 $ 98,000
Geary, Kansas 1 $ 34,000 $ 34,000 $ 35,000
Leavenworth, Kansas 1 $ 96,000 $ 96,000 $ 43,000
Miami, Kansas 1 $ 190,000 $ 190,000 $ 81,000
Osage, Kansas 1 $ 140,000 $ 140,000 $ 67,000
Pottawatomie, Kansas 1 $ 89,000 $ 89,000 $ 76,000
Sumner, Kansas 1 $ 68,000 $ 68,000 $ 40,000
Bullitt, Kentucky 1 $ 130,000 $ 130,000 $ 38,000
Washington, Kentucky 1 $ 141,000 $ 141,000 $ 35,000
Beauregard, Louisiana 1 $ 82,000 $ 82,000 $ 40,000
Jefferson Davis, Louisiana 1 $ 147,000 $ 147,000 $ 39,000
Ouachita, Louisiana 1 $ 140,000 $ 140,000 $ 51,000
St. James, Louisiana 1 $ 70,000 $ 70,000 $ 65,000
St. Martin, Louisiana 1 $ 160,000 $ 160,000 $ 92,000
Terrebonne, Louisiana 1 $ 200,000 $ 200,000 $ 72,000
Aroostook, Maine 1 $ 66,000 $ 66,000 $ 43,000
Washington, Maine 1 $ 50,000 $ 50,000 $ 41,000
Calvert, Maryland 1 $ 146,000 $ 146,000 $ 88,000
Charles, Maryland 1 $ 515,000 $ 515,000 $ 124,000
Frederick, Maryland 1 $ 280,000 $ 280,000 $ 75,000
Queen Anne's, Maryland 1 $ 219,000 $ 219,000 $ 77,000
Dukes, Massachusetts 1 $ 235,000 $ 235,000 $ 184,000
Alcona, Michigan 1 $ 197,000 $ 197,000 $ 0
Allegan, Michigan 1 $ 95,000 $ 95,000 $ 97,000
Calhoun, Michigan 1 $ 396,000 $ 396,000 $ 78,000
Cheboygan, Michigan 1 $ 57,000 $ 57,000 $ 40,000
Clare, Michigan 1 $ 202,000 $ 202,000 $ 254,000
Clinton, Michigan 1 $ 124,000 $ 124,000 $ 48,000
Gladwin, Michigan 1 $ 104,000 $ 104,000 $ 35,000
Hillsdale, Michigan 1 $ 116,000 $ 116,000 $ 74,000
Lake, Michigan 1 $ 65,000 $ 65,000 $ 51,000
Leelanau, Michigan 1 $ 258,000 $ 258,000 $ 180,000
Roscommon, Michigan 1 $ 92,000 $ 92,000 $ 56,000
Brown, Minnesota 1 $ 128,000 $ 128,000 $ 53,000
Carver, Minnesota 1 $ 359,000 $ 359,000 $ 114,000
Chisago, Minnesota 1 $ 228,000 $ 228,000 $ 57,000
Douglas, Minnesota 1 $ 252,000 $ 252,000 $ 52,000
Fillmore, Minnesota 1 $ 51,000 $ 51,000 $ 144,000
Goodhue, Minnesota 1 $ 195,000 $ 195,000 $ 84,000
Kandiyohi, Minnesota 1 $ 188,000 $ 188,000 $ 69,000
Meeker, Minnesota 1 $ 178,000 $ 178,000 $ 60,000
Morrison, Minnesota 1 $ 224,000 $ 224,000 $ 40,000
Redwood, Minnesota 1 $ 57,000 $ 57,000 $ 60,000
DeSoto, Mississippi 1 $ 179,000 $ 179,000 $ 55,000
Stone, Mississippi 1 $ 70,000 $ 70,000 $ 27,000
Tippah, Mississippi 1 $ 98,000 $ 98,000 $ 48,000
Andrew, Missouri 1 $ 284,000 $ 284,000 $ 136,000
Buchanan, Missouri 1 $ 138,000 $ 138,000 $ 60,000
Callaway, Missouri 1 $ 94,000 $ 94,000 $ 71,000
Cape Girardeau, Missouri 1 $ 108,000 $ 108,000 $ 101,000
Greene, Missouri 1 $ 118,000 $ 118,000 $ 0
Howell, Missouri 1 $ 70,000 $ 70,000 $ 0
Jasper, Missouri 1 $ 35,000 $ 35,000 $ 45,000
Laclede, Missouri 1 $ 123,000 $ 123,000 $ 75,000
Lafayette, Missouri 1 $ 80,000 $ 80,000 $ 37,000
Marion, Missouri 1 $ 140,000 $ 140,000 $ 0
Nodaway, Missouri 1 $ 228,000 $ 228,000 $ 78,000
Ralls, Missouri 1 $ 162,000 $ 162,000 $ 57,000
Scott, Missouri 1 $ 74,000 $ 74,000 $ 38,000
Stoddard, Missouri 1 $ 62,000 $ 62,000 $ 46,000
Wright, Missouri 1 $ 113,000 $ 113,000 $ 36,000
Flathead, Montana 1 $ 287,000 $ 287,000 $ 72,000
Gallatin, Montana 1 $ 150,000 $ 150,000 $ 185,000
Buffalo, Nebraska 1 $ 91,000 $ 91,000 $ 49,000
Scotts Bluff, Nebraska 1 $ 40,000 $ 40,000 $ 44,000
Cheshire, New Hampshire 1 $ 100,000 $ 100,000 $ 32,000
Grafton, New Hampshire 1 $ 225,000 $ 225,000 $ 192,000
Sullivan, New Hampshire 1 $ 22,000 $ 22,000 $ 81,000
Curry, New Mexico 1 $ 63,000 $ 63,000 $ 16,000
Eddy, New Mexico 1 $ 60,000 $ 60,000 $ 62,000
Hidalgo, New Mexico 1 $ 84,000 $ 84,000 $ 55,000
San Juan, New Mexico 1 $ 592,000 $ 592,000 $ 405,000
Valencia, New Mexico 1 $ 228,000 $ 228,000 $ 92,000
New York, New York 1 $ 488,000 $ 488,000 $ 195,000
Belmont, Ohio 1 $ 152,000 $ 152,000 $ 54,000
Clark, Ohio 1 $ 133,000 $ 133,000 $ 134,000
Coshocton, Ohio 1 $ 124,000 $ 124,000 $ 26,000
Fulton, Ohio 1 $ 73,000 $ 73,000 $ 57,000
Henry, Ohio 1 $ 149,000 $ 149,000 $ 70,000
Highland, Ohio 1 $ 90,000 $ 90,000 $ 61,000
Lawrence, Ohio 1 $ 157,000 $ 157,000 $ 75,000
Licking, Ohio 1 $ 112,000 $ 112,000 $ 43,000
Lorain, Ohio 1 $ 119,000 $ 119,000 $ 102,000
Lucas, Ohio 1 $ 148,000 $ 148,000 $ 84,000
Medina, Ohio 1 $ 189,000 $ 189,000 $ 90,000
Miami, Ohio 1 $ 66,000 $ 66,000 $ 34,000
Portage, Ohio 1 $ 267,000 $ 267,000 $ 86,000
Scioto, Ohio 1 $ 67,000 $ 67,000 $ 26,000
Washington, Ohio 1 $ 90,000 $ 90,000 $ 46,000
Beckham, Oklahoma 1 $ 149,000 $ 149,000 $ 90,000
Canadian, Oklahoma 1 $ 78,000 $ 78,000 $ 100,000
Cherokee, Oklahoma 1 $ 180,000 $ 180,000 $ 50,000
Custer, Oklahoma 1 $ 156,000 $ 156,000 $ 95,000
Le Flore, Oklahoma 1 $ 44,000 $ 44,000 $ 11,000
Love, Oklahoma 1 $ 127,000 $ 127,000 $ 88,000
Mayes, Oklahoma 1 $ 69,000 $ 69,000 $ 29,000
Pottawatomie, Oklahoma 1 $ 128,000 $ 128,000 $ 65,000
Rogers, Oklahoma 1 $ 101,000 $ 101,000 $ 53,000
Texas, Oklahoma 1 $ 90,000 $ 90,000 $ 34,000
Wagoner, Oklahoma 1 $ 26,000 $ 26,000 $ 103,000
Jefferson, Oregon 1 $ 200,000 $ 200,000 $ 53,000
Josephine, Oregon 1 $ 417,000 $ 417,000 $ 140,000
Lane, Oregon 1 $ 172,000 $ 172,000 $ 68,000
Umatilla, Oregon 1 $ 117,000 $ 117,000 $ 98,000
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Mortgage Loan Application Detail Totals for Sallie Mae Home Loans in 2007

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 2,335 $407,441,000 $174,000 $1,470,000 $89,000 $1,140,000
Refinancing 1,526 $307,858,000 $201,000 $1,890,000 $96,000 $1,500,000
Home Improvement 1 $36,000 $36,000 $36,000 $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 2,622 $485,118,000 $185,000 $1,890,000 $95,000 $1,500,000
Not Provided 600 $113,650,000 $189,000 $1,352,000 $86,000 $1,140,000
Black or African American 355 $60,134,000 $169,000 $757,000 $74,000 $504,000
Hispanic 191 $35,810,000 $187,000 $800,000 $83,000 $360,000
Asian 69 $15,373,000 $222,000 $800,000 $122,000 $660,000
Native Hawaiian or Other Pacific Islander 17 $4,069,000 $239,000 $613,000 $83,000 $156,000
American Indian or Alaskan Native 8 $1,181,000 $147,000 $319,000 $76,000 $110,000
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) 3,468 $651,642,000 $187,000 $1,890,000 $95,000 $1,500,000
FHA-insured (Federal Housing Administration) 312 $48,188,000 $154,000 $366,000 $60,000 $279,000
VA-guaranteed (Veterans Administration) 82 $15,505,000 $189,000 $613,000 $66,000 $166,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 2,267 $435,812,000 $192,000 $1,375,000 $96,000 $1,217,000
Application Approved But Not Accepted 864 $147,612,000 $170,000 $1,200,000 $84,000 $660,000
Application Denied By Financial Institution 621 $112,209,000 $180,000 $1,890,000 $87,000 $1,500,000
Application Withdrawn By Applicant 105 $19,241,000 $183,000 $1,470,000 $83,000 $1,140,000
File Closed For Incompleteness 5 $461,000 $92,000 $152,000 $72,000 $146,000
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
Collateral 97 $14,279,000 $147,000 $400,000 $115,000 $1,125,000
Credit History 62 $9,963,000 $160,000 $392,000 $68,000 $279,000
Debt-To-Income Ratio 53 $9,128,000 $172,000 $699,000 $63,000 $144,000
Other 25 $5,079,000 $203,000 $720,000 $93,000 $474,000
Insufficient Cash (Downpayment, Closing Cost) 6 $1,068,000 $178,000 $299,000 $81,000 $181,000
Employment History 5 $752,000 $150,000 $200,000 $48,000 $71,000
Unverifiable Information 4 $848,000 $212,000 $280,000 $72,000 $120,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Sallie Mae Home Loans's 2007 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Sallie Mae Home Loans's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Michigan, download the full spreadsheet with aggregated HMDA statistics today.

Download the Michigan Lender List