Sallie Mae Home Loans 2004 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 | 3,568 |
| Total Mortgage Loan Application Amount | $549,858,000 |
| Average Mortgage Loan Application Amount | $171,621 |
| Highest Mortgage Loan Application Amount | $1,300,000 |
| Average Applicant Income | $173,756 |
| Highest Applicant Income | $3,396,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2004 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 2004 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 2004.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Wayne County Michigan | 806 | $ 119,001,000 | $ 147,000 | $ 76,000 |
| Oakland County Michigan | 698 | $ 128,105,000 | $ 183,000 | $ 77,000 |
| Maricopa County Arizona | 525 | $ 68,946,000 | $ 131,000 | $ 75,000 |
| Washtenaw County Michigan | 361 | $ 61,010,000 | $ 169,000 | $ 108,000 |
| Macomb County Michigan | 268 | $ 39,770,000 | $ 148,000 | $ 68,000 |
| Livingston County Michigan | 189 | $ 36,044,000 | $ 190,000 | $ 69,000 |
| Pima County Arizona | 51 | $ 6,984,000 | $ 136,000 | $ 89,000 |
| Genesee County Michigan | 36 | $ 4,849,000 | $ 134,000 | $ 67,000 |
| Kent County Michigan | 28 | $ 4,252,000 | $ 151,000 | $ 85,000 |
| Lenawee County Michigan | 28 | $ 3,784,000 | $ 135,000 | $ 71,000 |
| Marion County Indiana | 27 | $ 3,019,000 | $ 111,000 | $ 60,000 |
| Jackson County Michigan | 27 | $ 3,141,000 | $ 116,000 | $ 57,000 |
| Hamilton County Indiana | 23 | $ 3,014,000 | $ 131,000 | $ 66,000 |
| Ingham County Michigan | 22 | $ 2,133,000 | $ 96,000 | $ 43,000 |
| Kalamazoo County Michigan | 21 | $ 2,472,000 | $ 117,000 | $ 106,000 |
| Monroe County Michigan | 21 | $ 3,347,000 | $ 159,000 | $ 68,000 |
| Pinal County Arizona | 17 | $ 2,169,000 | $ 127,000 | $ 67,000 |
| Coconino County Arizona | 16 | $ 2,574,000 | $ 160,000 | $ 88,000 |
| Yavapai County Arizona | 16 | $ 2,113,000 | $ 132,000 | $ 77,000 |
| St. Clair County Michigan | 13 | $ 2,131,000 | $ 163,000 | $ 94,000 |
| Roscommon County Michigan | 10 | $ 1,350,000 | $ 135,000 | $ 102,000 |
| Madison County Indiana | 9 | $ 951,000 | $ 105,000 | $ 52,000 |
| Bell County Texas | 9 | $ 661,000 | $ 73,000 | $ 64,000 |
| St. Joseph County Indiana | 8 | $ 898,000 | $ 112,000 | $ 77,000 |
| Jackson County Missouri | 8 | $ 742,000 | $ 92,000 | $ 52,000 |
| Cochise County Arizona | 7 | $ 856,000 | $ 122,000 | $ 76,000 |
| Yuma County Arizona | 7 | $ 917,000 | $ 131,000 | $ 53,000 |
| Cook County Illinois | 7 | $ 1,609,000 | $ 229,000 | $ 103,000 |
| St. Charles County Missouri | 7 | $ 552,000 | $ 78,000 | $ 77,000 |
| Denver County Colorado | 6 | $ 1,156,000 | $ 192,000 | $ 82,000 |
| Eaton County Michigan | 6 | $ 564,000 | $ 94,000 | $ 73,000 |
| Lapeer County Michigan | 6 | $ 799,000 | $ 133,000 | $ 91,000 |
| Ottawa County Michigan | 6 | $ 1,082,000 | $ 180,000 | $ 87,000 |
| Tarrant County Texas | 6 | $ 953,000 | $ 158,000 | $ 97,000 |
| Mohave County Arizona | 5 | $ 806,000 | $ 161,000 | $ 68,000 |
| Hancock County Indiana | 5 | $ 716,000 | $ 143,000 | $ 72,000 |
| Calhoun County Michigan | 5 | $ 730,000 | $ 146,000 | $ 63,000 |
| Charlevoix County Michigan | 5 | $ 1,067,000 | $ 213,000 | $ 195,000 |
| Kalkaska County Michigan | 5 | $ 590,000 | $ 118,000 | $ 94,000 |
| St. Louis County Missouri | 5 | $ 507,000 | $ 101,000 | $ 55,000 |
| Navajo County Arizona | 4 | $ 488,000 | $ 122,000 | $ 115,000 |
| Johnson County Indiana | 4 | $ 332,000 | $ 83,000 | $ 66,000 |
| Lake County Indiana | 4 | $ 360,000 | $ 90,000 | $ 67,000 |
| Monroe County Indiana | 4 | $ 428,000 | $ 107,000 | $ 70,000 |
| Benzie County Michigan | 4 | $ 373,000 | $ 93,000 | $ 177,000 |
| Hillsdale County Michigan | 4 | $ 551,000 | $ 137,000 | $ 68,000 |
| Iosco County Michigan | 4 | $ 546,000 | $ 136,000 | $ 104,000 |
| Sanilac County Michigan | 4 | $ 548,000 | $ 137,000 | $ 113,000 |
| Shiawassee County Michigan | 4 | $ 636,000 | $ 159,000 | $ 58,000 |
| Dakota County Minnesota | 4 | $ 745,000 | $ 186,000 | $ 112,000 |
| Missoula County Montana | 4 | $ 458,000 | $ 114,000 | $ 40,000 |
| Harris County Texas | 4 | $ 483,000 | $ 120,000 | $ 76,000 |
| El Paso County Colorado | 3 | $ 311,000 | $ 103,000 | $ 45,000 |
| Jefferson County Colorado | 3 | $ 422,000 | $ 140,000 | $ 151,000 |
| Kit Carson County Colorado | 3 | $ 280,000 | $ 93,000 | $ 51,000 |
| La Plata County Colorado | 3 | $ 634,000 | $ 211,000 | $ 115,000 |
| Tippecanoe County Indiana | 3 | $ 359,000 | $ 119,000 | $ 64,000 |
| Antrim County Michigan | 3 | $ 416,000 | $ 138,000 | $ 133,000 |
| Chippewa County Michigan | 3 | $ 235,000 | $ 78,000 | $ 123,000 |
| Clare County Michigan | 3 | $ 166,000 | $ 55,000 | $ 81,000 |
| Gladwin County Michigan | 3 | $ 380,000 | $ 126,000 | $ 128,000 |
| Lake County Michigan | 3 | $ 242,000 | $ 80,000 | $ 55,000 |
| Mecosta County Michigan | 3 | $ 619,000 | $ 206,000 | $ 63,000 |
| Oceana County Michigan | 3 | $ 522,000 | $ 174,000 | $ 84,000 |
| Saginaw County Michigan | 3 | $ 439,000 | $ 146,000 | $ 32,000 |
| Clay County Missouri | 3 | $ 297,000 | $ 99,000 | $ 82,000 |
| St. Louis City County Missouri | 3 | $ 456,000 | $ 152,000 | $ 52,000 |
| Santa Cruz County Arizona | 2 | $ 201,000 | $ 100,000 | $ 84,000 |
| Alameda County California | 2 | $ 380,000 | $ 190,000 | $ 81,000 |
| Adams County Colorado | 2 | $ 166,000 | $ 83,000 | $ 31,000 |
| Arapahoe County Colorado | 2 | $ 724,000 | $ 362,000 | $ 182,000 |
| Clear Creek County Colorado | 2 | $ 220,000 | $ 110,000 | $ 52,000 |
| Douglas County Colorado | 2 | $ 170,000 | $ 85,000 | $ 50,000 |
| Rockdale County Georgia | 2 | $ 257,000 | $ 128,000 | $ 130,000 |
| Allen County Indiana | 2 | $ 280,000 | $ 140,000 | $ 132,000 |
| Boone County Indiana | 2 | $ 549,000 | $ 274,000 | $ 153,000 |
| Brown County Indiana | 2 | $ 343,000 | $ 171,000 | $ 99,000 |
| Dearborn County Indiana | 2 | $ 160,000 | $ 80,000 | $ 47,000 |
| Henry County Indiana | 2 | $ 131,000 | $ 65,000 | $ 103,000 |
| Marshall County Indiana | 2 | $ 200,000 | $ 100,000 | $ 56,000 |
| Alcona County Michigan | 2 | $ 100,000 | $ 50,000 | $ 77,000 |
| Allegan County Michigan | 2 | $ 207,000 | $ 103,000 | $ 102,000 |
| Berrien County Michigan | 2 | $ 121,000 | $ 60,000 | $ 29,000 |
| Branch County Michigan | 2 | $ 134,000 | $ 67,000 | $ 42,000 |
| Emmet County Michigan | 2 | $ 343,000 | $ 171,000 | $ 110,000 |
| Grand Traverse County Michigan | 2 | $ 296,000 | $ 148,000 | $ 59,000 |
| Houghton County Michigan | 2 | $ 143,000 | $ 71,000 | $ 62,000 |
| Isabella County Michigan | 2 | $ 385,000 | $ 192,000 | $ 160,000 |
| Leelanau County Michigan | 2 | $ 302,000 | $ 151,000 | $ 50,000 |
| Manistee County Michigan | 2 | $ 105,000 | $ 52,000 | $ 47,000 |
| Marquette County Michigan | 2 | $ 75,000 | $ 37,000 | $ 32,000 |
| Midland County Michigan | 2 | $ 265,000 | $ 132,000 | $ 68,000 |
| Muskegon County Michigan | 2 | $ 325,000 | $ 162,000 | $ 88,000 |
| Newaygo County Michigan | 2 | $ 125,000 | $ 62,000 | $ 54,000 |
| Ogemaw County Michigan | 2 | $ 117,000 | $ 58,000 | $ 83,000 |
| Otsego County Michigan | 2 | $ 288,000 | $ 144,000 | $ 87,000 |
| St. Joseph County Michigan | 2 | $ 291,000 | $ 145,000 | $ 97,000 |
| Chisago County Minnesota | 2 | $ 383,000 | $ 191,000 | $ 110,000 |
| Greene County Missouri | 2 | $ 104,000 | $ 52,000 | $ 42,000 |
| Saline County Missouri | 2 | $ 117,000 | $ 58,000 | $ 84,000 |
| San Miguel County New Mexico | 2 | $ 151,000 | $ 75,000 | $ 63,000 |
| Lucas County Ohio | 2 | $ 663,000 | $ 331,000 | $ 37,000 |
| Montgomery County Ohio | 2 | $ 381,000 | $ 190,000 | $ 70,000 |
| Multnomah County Oregon | 2 | $ 267,000 | $ 133,000 | $ 45,000 |
| Beaufort County South Carolina | 2 | $ 582,000 | $ 291,000 | $ 147,000 |
| Horry County South Carolina | 2 | $ 247,000 | $ 123,000 | $ 31,000 |
| Bexar County Texas | 2 | $ 326,000 | $ 163,000 | $ 57,000 |
| El Paso County Texas | 2 | $ 475,000 | $ 237,000 | $ 612,000 |
| Lubbock County Texas | 2 | $ 353,000 | $ 176,000 | $ 88,000 |
| Fairfax County Virginia | 2 | $ 646,000 | $ 323,000 | $ 141,000 |
| La Paz County Arizona | 1 | $ 108,000 | $ 108,000 | $ 48,000 |
| Kern County California | 1 | $ 120,000 | $ 120,000 | $ 42,000 |
| Los Angeles County California | 1 | $ 53,000 | $ 53,000 | $ 73,000 |
| Larimer County Colorado | 1 | $ 334,000 | $ 334,000 | $ 102,000 |
| Montezuma County Colorado | 1 | $ 236,000 | $ 236,000 | $ 190,000 |
| Summit County Colorado | 1 | $ 133,000 | $ 133,000 | $ 102,000 |
| Sussex County Delaware | 1 | $ 535,000 | $ 535,000 | $ 3,396,000 |
| Valley County Idaho | 1 | $ 190,000 | $ 190,000 | $ 0 |
| Kane County Illinois | 1 | $ 276,000 | $ 276,000 | $ 77,000 |
| Bartholomew County Indiana | 1 | $ 139,000 | $ 139,000 | $ 55,000 |
| Elkhart County Indiana | 1 | $ 150,000 | $ 150,000 | $ 58,000 |
| Harrison County Indiana | 1 | $ 106,000 | $ 106,000 | $ 33,000 |
| LaPorte County Indiana | 1 | $ 71,000 | $ 71,000 | $ 43,000 |
| Morgan County Indiana | 1 | $ 148,000 | $ 148,000 | $ 71,000 |
| Porter County Indiana | 1 | $ 131,000 | $ 131,000 | $ 59,000 |
| Vanderburgh County Indiana | 1 | $ 106,000 | $ 106,000 | $ 27,000 |
| Vigo County Indiana | 1 | $ 143,000 | $ 143,000 | $ 85,000 |
| Shawnee County Kansas | 1 | $ 74,000 | $ 74,000 | $ 37,000 |
| Pulaski County Kentucky | 1 | $ 20,000 | $ 20,000 | $ 24,000 |
| Bay County Michigan | 1 | $ 236,000 | $ 236,000 | $ 54,000 |
| Cheboygan County Michigan | 1 | $ 116,000 | $ 116,000 | $ 115,000 |
| Clinton County Michigan | 1 | $ 125,000 | $ 125,000 | $ 90,000 |
| Huron County Michigan | 1 | $ 136,000 | $ 136,000 | $ 71,000 |
| Ionia County Michigan | 1 | $ 263,000 | $ 263,000 | $ 158,000 |
| Mason County Michigan | 1 | $ 263,000 | $ 263,000 | $ 302,000 |
| Montmorency County Michigan | 1 | $ 121,000 | $ 121,000 | $ 65,000 |
| Osceola County Michigan | 1 | $ 150,000 | $ 150,000 | $ 78,000 |
| Schoolcraft County Michigan | 1 | $ 120,000 | $ 120,000 | $ 65,000 |
| Van Buren County Michigan | 1 | $ 119,000 | $ 119,000 | $ 110,000 |
| Wexford County Michigan | 1 | $ 99,000 | $ 99,000 | $ 103,000 |
| Buchanan County Missouri | 1 | $ 189,000 | $ 189,000 | $ 72,000 |
| Cass County Missouri | 1 | $ 132,000 | $ 132,000 | $ 117,000 |
| Jasper County Missouri | 1 | $ 103,000 | $ 103,000 | $ 28,000 |
| Ralls County Missouri | 1 | $ 75,000 | $ 75,000 | $ 29,000 |
| Wayne County Missouri | 1 | $ 67,000 | $ 67,000 | $ 76,000 |
| Franklin County Ohio | 1 | $ 214,000 | $ 214,000 | $ 113,000 |
| Cleveland County Oklahoma | 1 | $ 272,000 | $ 272,000 | $ 222,000 |
| Washington County Tennessee | 1 | $ 250,000 | $ 250,000 | $ 146,000 |
| Andrews County Texas | 1 | $ 55,000 | $ 55,000 | $ 36,000 |
| Brazoria County Texas | 1 | $ 132,000 | $ 132,000 | $ 51,000 |
| Chambers County Texas | 1 | $ 84,000 | $ 84,000 | $ 70,000 |
| Collin County Texas | 1 | $ 143,000 | $ 143,000 | $ 120,000 |
| Comal County Texas | 1 | $ 85,000 | $ 85,000 | $ 55,000 |
| Denton County Texas | 1 | $ 136,000 | $ 136,000 | $ 144,000 |
| Fort Bend County Texas | 1 | $ 176,000 | $ 176,000 | $ 52,000 |
| Hunt County Texas | 1 | $ 86,000 | $ 86,000 | $ 67,000 |
| Midland County Texas | 1 | $ 156,000 | $ 156,000 | $ 82,000 |
| Randall County Texas | 1 | $ 158,000 | $ 158,000 | $ 80,000 |
| Scurry County Texas | 1 | $ 73,000 | $ 73,000 | $ 32,000 |
| Smith County Texas | 1 | $ 100,000 | $ 100,000 | $ 157,000 |
| Loudoun County Virginia | 1 | $ 204,000 | $ 204,000 | $ 80,000 |
| Pierce County Washington | 1 | $ 280,000 | $ 280,000 | $ 66,000 |
| Snohomish County Washington | 1 | $ 51,000 | $ 51,000 | $ 100,000 |
| Dane County Wisconsin | 1 | $ 162,000 | $ 162,000 | $ 41,000 |
| Oneida County Wisconsin | 1 | $ 20,000 | $ 20,000 | $ 102,000 |
| Ozaukee County Wisconsin | 1 | $ 22,000 | $ 22,000 | $ 90,000 |
| Rock County Wisconsin | 1 | $ 126,000 | $ 126,000 | $ 45,000 |
| Vilas County Wisconsin | 1 | $ 119,000 | $ 119,000 | $ 48,000 |
| Waukesha County Wisconsin | 1 | $ 176,000 | $ 176,000 | $ 96,000 |
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 | 2,356 | $324,549,000 | $161,000 | $726,000 | $213,291 | $3,396,000 |
| Refinancing | 1,212 | $225,309,000 | $191,230 | $1,300,000 | $100,769 | $1,183,000 |
| Home Improvement | 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 | 2,783 | $426,791,000 | $176,666 | $1,300,000 | $222,875 | $3,396,000 |
| Not Provided | 371 | $60,835,000 | $150,214 | $650,000 | $72,142 | $686,000 |
| Black or African American | 236 | $36,548,000 | $116,000 | $650,000 | $62,000 | $187,000 |
| Asian | 100 | $14,377,000 | $125,000 | $358,000 | $69,666 | $257,000 |
| Hispanic | 62 | $8,278,000 | $108,600 | $349,000 | $64,000 | $827,000 |
| Native Hawaiian or Other Pacific Islander | 10 | $2,067,000 | $197,000 | $440,000 | $80,666 | $136,000 |
| American Indian or Alaskan Native | 4 | $622,000 | $184,000 | $282,000 | $91,000 | $135,000 |
| Not applicable | 2 | $340,000 | $170,000 | $200,000 | $79,000 | $83,000 |
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) | 3,522 | $543,230,000 | $173,520 | $1,300,000 | $213,680 | $3,396,000 |
| FHA-insured (Federal Housing Administration) | 28 | $3,688,000 | $122,333 | $206,000 | $69,333 | $161,000 |
| VA-guaranteed (Veterans Administration) | 18 | $2,940,000 | $147,000 | $255,000 | $62,500 | $107,000 |
| 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 | 3,466 | $536,473,000 | $183,217 | $1,300,000 | $229,695 | $3,396,000 |
| Application Withdrawn By Applicant | 65 | $8,367,000 | $118,400 | $334,000 | $52,200 | $160,000 |
| Application Denied By Financial Institution | 35 | $4,671,000 | $112,000 | $278,000 | $59,000 | $136,000 |
| Application Approved But Not Accepted | 2 | $347,000 | $173,500 | $320,000 | $98,500 | $137,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 11 | $1,414,000 | $126,333 | $248,000 | $64,000 | $136,000 |
| Credit History | 7 | $957,000 | $147,000 | $272,000 | $68,500 | $132,000 |
| Debt-To-Income Ratio | 7 | $1,034,000 | $154,666 | $274,000 | $56,000 | $105,000 |
| Other | 4 | $761,000 | $162,000 | $278,000 | $44,500 | $68,000 |
| Employment History | 3 | $307,000 | $82,000 | $249,000 | $71,000 | $90,000 |
| Unverifiable Information | 1 | $158,000 | $158,000 | $158,000 | $46,000 | $46,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Sallie Mae Home Loans's 2004 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.