Sallie Mae Home Loans
HMDA Loan Application Totals
and Mortgage Lending Details
for 2003
Sallie Mae Home Loans 2003 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| 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 | 5,292 |
| Total Mortgage Loan Application Amount | $1,008,149,000 |
| Average Mortgage Loan Application Amount | $173,952 |
| Highest Mortgage Loan Application Amount | $999,000 |
| Average Applicant Income | $82,857 |
| Highest Applicant Income | $996,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2003 with Sallie Mae Home Loans. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Sallie Mae Home Loans's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2003 breaks down Sallie Mae Home Loans's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Sallie Mae Home Loans serves its applicants.
Each category highlights the total number of mortgage applications processed by Sallie Mae Home Loans, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Sallie Mae Home Loans's mortgage activity for 2003.
| 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 | 1,514 | $ 320,730,000 | $ 211,000 | $ 95,000 |
| Wayne County Michigan | 1,213 | $ 220,919,000 | $ 182,000 | $ 77,000 |
| Washtenaw County Michigan | 618 | $ 127,746,000 | $ 206,000 | $ 85,000 |
| Maricopa County Arizona | 572 | $ 98,897,000 | $ 172,000 | $ 91,000 |
| Livingston County Michigan | 399 | $ 78,431,000 | $ 196,000 | $ 78,000 |
| Macomb County Michigan | 360 | $ 63,735,000 | $ 177,000 | $ 71,000 |
| Jackson County Michigan | 59 | $ 9,479,000 | $ 160,000 | $ 65,000 |
| Genesee County Michigan | 56 | $ 7,806,000 | $ 139,000 | $ 66,000 |
| Ingham County Michigan | 51 | $ 7,445,000 | $ 145,000 | $ 64,000 |
| Lenawee County Michigan | 37 | $ 5,484,000 | $ 148,000 | $ 73,000 |
| Monroe County Michigan | 27 | $ 5,016,000 | $ 185,000 | $ 75,000 |
| Kent County Michigan | 23 | $ 3,871,000 | $ 168,000 | $ 84,000 |
| Pima County Arizona | 22 | $ 3,522,000 | $ 160,000 | $ 74,000 |
| Lapeer County Michigan | 21 | $ 3,155,000 | $ 150,000 | $ 55,000 |
| St. Clair County Michigan | 20 | $ 3,226,000 | $ 161,000 | $ 83,000 |
| Coconino County Arizona | 17 | $ 2,976,000 | $ 175,000 | $ 99,000 |
| Pinal County Arizona | 17 | $ 2,674,000 | $ 157,000 | $ 80,000 |
| Shiawassee County Michigan | 14 | $ 2,441,000 | $ 174,000 | $ 64,000 |
| Kalamazoo County Michigan | 11 | $ 1,901,000 | $ 172,000 | $ 125,000 |
| Charlevoix County Michigan | 10 | $ 2,156,000 | $ 215,000 | $ 103,000 |
| Grand Traverse County Michigan | 9 | $ 1,610,000 | $ 178,000 | $ 118,000 |
| Roscommon County Michigan | 9 | $ 1,333,000 | $ 148,000 | $ 146,000 |
| Yavapai County Arizona | 8 | $ 1,638,000 | $ 204,000 | $ 71,000 |
| Eaton County Michigan | 8 | $ 1,310,000 | $ 163,000 | $ 87,000 |
| Leelanau County Michigan | 8 | $ 1,711,000 | $ 213,000 | $ 128,000 |
| Antrim County Michigan | 7 | $ 1,311,000 | $ 187,000 | $ 205,000 |
| Muskegon County Michigan | 7 | $ 1,039,000 | $ 148,000 | $ 96,000 |
| Saginaw County Michigan | 7 | $ 1,443,000 | $ 206,000 | $ 121,000 |
| Benzie County Michigan | 6 | $ 1,094,000 | $ 182,000 | $ 131,000 |
| Crawford County Michigan | 6 | $ 813,000 | $ 135,000 | $ 85,000 |
| Otsego County Michigan | 6 | $ 839,000 | $ 139,000 | $ 87,000 |
| Alcona County Michigan | 5 | $ 867,000 | $ 173,000 | $ 178,000 |
| Berrien County Michigan | 5 | $ 767,000 | $ 153,000 | $ 122,000 |
| Clinton County Michigan | 5 | $ 1,015,000 | $ 203,000 | $ 83,000 |
| Delta County Michigan | 5 | $ 527,000 | $ 105,000 | $ 118,000 |
| Ottawa County Michigan | 5 | $ 587,000 | $ 117,000 | $ 68,000 |
| Mohave County Arizona | 4 | $ 585,000 | $ 146,000 | $ 77,000 |
| Branch County Michigan | 4 | $ 606,000 | $ 151,000 | $ 88,000 |
| Gladwin County Michigan | 4 | $ 397,000 | $ 99,000 | $ 79,000 |
| Oceana County Michigan | 4 | $ 491,000 | $ 122,000 | $ 56,000 |
| Cochise County Arizona | 3 | $ 510,000 | $ 170,000 | $ 130,000 |
| Gila County Arizona | 3 | $ 275,000 | $ 91,000 | $ 94,000 |
| Navajo County Arizona | 3 | $ 347,000 | $ 115,000 | $ 106,000 |
| Alpena County Michigan | 3 | $ 426,000 | $ 142,000 | $ 80,000 |
| Calhoun County Michigan | 3 | $ 408,000 | $ 136,000 | $ 91,000 |
| Cass County Michigan | 3 | $ 406,000 | $ 135,000 | $ 55,000 |
| Clare County Michigan | 3 | $ 255,000 | $ 85,000 | $ 61,000 |
| Hillsdale County Michigan | 3 | $ 269,000 | $ 89,000 | $ 80,000 |
| Iosco County Michigan | 3 | $ 258,000 | $ 86,000 | $ 88,000 |
| Sanilac County Michigan | 3 | $ 430,000 | $ 143,000 | $ 104,000 |
| St. Joseph County Michigan | 3 | $ 673,000 | $ 224,000 | $ 143,000 |
| Graham County Arizona | 2 | $ 177,000 | $ 88,000 | $ 67,000 |
| Yuma County Arizona | 2 | $ 344,000 | $ 172,000 | $ 117,000 |
| Arenac County Michigan | 2 | $ 158,000 | $ 79,000 | $ 131,000 |
| Barry County Michigan | 2 | $ 262,000 | $ 131,000 | $ 73,000 |
| Emmet County Michigan | 2 | $ 977,000 | $ 488,000 | $ 413,000 |
| Huron County Michigan | 2 | $ 241,000 | $ 120,000 | $ 128,000 |
| Ionia County Michigan | 2 | $ 213,000 | $ 106,000 | $ 45,000 |
| Manistee County Michigan | 2 | $ 148,000 | $ 74,000 | $ 29,000 |
| Mason County Michigan | 2 | $ 477,000 | $ 238,000 | $ 188,000 |
| Midland County Michigan | 2 | $ 276,000 | $ 138,000 | $ 145,000 |
| Ogemaw County Michigan | 2 | $ 225,000 | $ 112,000 | $ 84,000 |
| Osceola County Michigan | 2 | $ 304,000 | $ 152,000 | $ 139,000 |
| Presque Isle County Michigan | 2 | $ 449,000 | $ 224,000 | $ 147,000 |
| Wexford County Michigan | 2 | $ 226,000 | $ 113,000 | $ 189,000 |
| Clay County Missouri | 2 | $ 280,000 | $ 140,000 | $ 71,000 |
| Santa Cruz County Arizona | 1 | $ 99,000 | $ 99,000 | $ 94,000 |
| Los Angeles County California | 1 | $ 270,000 | $ 270,000 | $ 84,000 |
| San Diego County California | 1 | $ 356,000 | $ 356,000 | $ 161,000 |
| Denver County Colorado | 1 | $ 275,000 | $ 275,000 | $ 79,000 |
| Park County Colorado | 1 | $ 270,000 | $ 270,000 | $ 48,000 |
| Daviess County Indiana | 1 | $ 134,000 | $ 134,000 | $ 44,000 |
| Lake County Indiana | 1 | $ 292,000 | $ 292,000 | $ 69,000 |
| Madison County Indiana | 1 | $ 176,000 | $ 176,000 | $ 66,000 |
| Marion County Indiana | 1 | $ 158,000 | $ 158,000 | $ 56,000 |
| Monroe County Indiana | 1 | $ 150,000 | $ 150,000 | $ 52,000 |
| St. Joseph County Indiana | 1 | $ 93,000 | $ 93,000 | $ 26,000 |
| Tippecanoe County Indiana | 1 | $ 176,000 | $ 176,000 | $ 75,000 |
| Allegan County Michigan | 1 | $ 118,000 | $ 118,000 | $ 50,000 |
| Baraga County Michigan | 1 | $ 143,000 | $ 143,000 | $ 71,000 |
| Bay County Michigan | 1 | $ 71,000 | $ 71,000 | $ 49,000 |
| Cheboygan County Michigan | 1 | $ 216,000 | $ 216,000 | $ 92,000 |
| Houghton County Michigan | 1 | $ 88,000 | $ 88,000 | $ 18,000 |
| Isabella County Michigan | 1 | $ 65,000 | $ 65,000 | $ 54,000 |
| Kalkaska County Michigan | 1 | $ 100,000 | $ 100,000 | $ 96,000 |
| Mackinac County Michigan | 1 | $ 301,000 | $ 301,000 | $ 98,000 |
| Marquette County Michigan | 1 | $ 49,000 | $ 49,000 | $ 31,000 |
| Mecosta County Michigan | 1 | $ 156,000 | $ 156,000 | $ 118,000 |
| Menominee County Michigan | 1 | $ 402,000 | $ 402,000 | $ 157,000 |
| Missaukee County Michigan | 1 | $ 200,000 | $ 200,000 | $ 196,000 |
| Montcalm County Michigan | 1 | $ 143,000 | $ 143,000 | $ 55,000 |
| Oscoda County Michigan | 1 | $ 148,000 | $ 148,000 | $ 90,000 |
| Van Buren County Michigan | 1 | $ 89,000 | $ 89,000 | $ 50,000 |
| Dakota County Minnesota | 1 | $ 86,000 | $ 86,000 | $ 102,000 |
| Boone County Missouri | 1 | $ 120,000 | $ 120,000 | $ 104,000 |
| Cole County Missouri | 1 | $ 132,000 | $ 132,000 | $ 61,000 |
| St. Charles County Missouri | 1 | $ 126,000 | $ 126,000 | $ 57,000 |
| Missoula County Montana | 1 | $ 210,000 | $ 210,000 | $ 86,000 |
| Ontario County New York | 1 | $ 209,000 | $ 209,000 | $ 70,000 |
| Lucas County Ohio | 1 | $ 106,000 | $ 106,000 | $ 105,000 |
| Warren County Ohio | 1 | $ 146,000 | $ 146,000 | $ 24,000 |
| Harris County Texas | 1 | $ 105,000 | $ 105,000 | $ 203,000 |
| Hidalgo County Texas | 1 | $ 288,000 | $ 288,000 | $ 155,000 |
Mortgage Loan Application Detail Totals for Sallie Mae Home Loans in 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 |
|---|---|---|---|---|---|---|
| Refinancing (home purchase or home improvement, one-to-four family) | 3,921 | $755,226,000 | $179,800 | $999,000 | $99,300 | $996,000 |
| Home Purchase (one-to-four family) | 1,368 | $252,604,000 | $185,555 | $671,000 | $76,333 | $996,000 |
| Home Improvement (one-to-four family) | 2 | $268,000 | $134,000 | $208,000 | $60,000 | $70,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 1 | $51,000 | $51,000 | $51,000 | $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 | 3,940 | $744,827,000 | $184,083 | $999,000 | $87,583 | $996,000 |
| Information not provided by applicant in mail or telephone application | 971 | $190,300,000 | $178,666 | $564,000 | $80,666 | $996,000 |
| Black | 153 | $30,211,000 | $168,333 | $362,000 | $61,333 | $482,000 |
| Other | 76 | $13,221,000 | $156,500 | $323,000 | $97,000 | $388,000 |
| Asian or Pacific Islander | 75 | $15,462,000 | $189,000 | $650,000 | $108,000 | $350,000 |
| Hispanic | 68 | $11,968,000 | $173,000 | $522,000 | $75,500 | $171,000 |
| American Indian or Alaskan Native | 9 | $2,160,000 | $231,000 | $475,000 | $95,500 | $175,000 |
| 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) | 5,219 | $998,559,000 | $185,916 | $999,000 | $87,750 | $996,000 |
| FHA-insured (Federal Housing Administration) | 62 | $7,732,000 | $118,333 | $187,000 | $49,666 | $147,000 |
| VA-guaranteed (Veterans Administration) | 11 | $1,858,000 | $165,333 | $245,000 | $59,666 | $123,000 |
| 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 | 4,883 | $932,960,000 | $185,800 | $999,000 | $91,600 | $996,000 |
| Application Withdrawn By Applicant | 278 | $51,885,000 | $189,666 | $650,000 | $84,666 | $495,000 |
| Application Denied By Financial Institution | 129 | $23,071,000 | $166,250 | $650,000 | $64,000 | $186,000 |
| File Closed For Incompleteness | 2 | $233,000 | $116,000 | $142,000 | $88,000 | $149,000 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 58 | $11,174,000 | $190,000 | $650,000 | $65,000 | $182,000 |
| Credit History | 33 | $5,231,000 | $148,750 | $387,000 | $54,750 | $168,000 |
| Collateral | 15 | $2,285,000 | $148,000 | $288,000 | $85,500 | $186,000 |
| Other | 13 | $2,442,000 | $161,666 | $408,000 | $81,333 | $160,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $1,128,000 | $188,000 | $277,000 | $84,000 | $122,000 |
| Unverifiable Information | 2 | $422,000 | $211,000 | $230,000 | $73,000 | $76,000 |
| Mortgage Insurance Denied | 1 | $90,000 | $90,000 | $90,000 | $35,000 | $35,000 |
| Employment History | 1 | $299,000 | $299,000 | $299,000 | $130,000 | $130,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Sallie Mae Home Loans's 2003 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.