Sallie Mae Home Loans
HMDA Loan Application Totals
and Mortgage Lending Details
for 2004

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.

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

Mortgage Loan Application Detail Totals for Sallie Mae Home Loans in 2004

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.
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