Sallie Mae Home Loans Mortgage Lending & HMDA Data, 2006

In 2006, Sallie Mae Home Loans of Novi, MI reported 9,239 mortgage applications totaling $1.6 billion, up 30% from 2005. The average application was for $169,005, and applicants reported an average income of $83,164. 73% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Warren-Troy-Farmington Hills, MI (931), Phoenix-Mesa-Scottsdale, AZ (855) and Boston-Quincy, MA (757) (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 9,239
Total Mortgage Loan Application Amount $1,561,442,000
Average Mortgage Loan Application Amount $169,005
Highest Mortgage Loan Application Amount $2,860,000
Average Applicant Income $83,164
Highest Applicant Income $2,292,000

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(HMDA) records Sallie Mae Home Loans filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2006

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Maricopa, Arizona 794 $ 142,228,000 $ 179,128 $ 93,000
Wayne, Michigan 702 $ 87,412,000 $ 124,518 $ 82,000
Oakland, Michigan 606 $ 86,213,000 $ 142,265 $ 90,000
Middlesex, Massachusetts 519 $ 130,144,000 $ 250,759 $ 89,000
Suffolk, Massachusetts 297 $ 77,464,000 $ 260,821 $ 99,000
Norfolk, Massachusetts 250 $ 60,892,000 $ 243,568 $ 81,000
Washtenaw, Michigan 221 $ 30,556,000 $ 138,262 $ 98,000
Essex, Massachusetts 216 $ 47,008,000 $ 217,629 $ 68,000
Plymouth, Massachusetts 210 $ 44,487,000 $ 211,842 $ 73,000
Macomb, Michigan 189 $ 23,660,000 $ 125,185 $ 78,000
Bristol, Massachusetts 183 $ 33,700,000 $ 184,153 $ 54,000
Cook, Illinois 117 $ 17,955,000 $ 153,461 $ 83,000
Livingston, Michigan 116 $ 15,843,000 $ 136,577 $ 85,000
Los Angeles, California 110 $ 35,259,000 $ 320,536 $ 139,000
Worcester, Massachusetts 109 $ 17,592,000 $ 161,394 $ 85,000
Providence, Rhode Island 84 $ 15,117,000 $ 179,964 $ 66,000
Pima, Arizona 78 $ 13,027,000 $ 167,012 $ 95,000
Barnstable, Massachusetts 74 $ 19,085,000 $ 257,905 $ 97,000
Genesee, Michigan 63 $ 6,668,000 $ 105,841 $ 72,000
Pinal, Arizona 61 $ 10,434,000 $ 171,049 $ 94,000
Broward, Florida 57 $ 12,969,000 $ 227,526 $ 75,000
Marion, Indiana 49 $ 4,847,000 $ 98,918 $ 74,000
Hillsborough, New Hampshire 46 $ 6,879,000 $ 149,543 $ 67,000
Hillsborough, Florida 44 $ 5,949,000 $ 135,204 $ 61,000
Ingham, Michigan 44 $ 5,015,000 $ 113,977 $ 79,000
St. Louis, Missouri 41 $ 4,728,000 $ 115,317 $ 83,000
Hampden, Massachusetts 40 $ 5,102,000 $ 127,550 $ 63,000
San Bernardino, California 39 $ 8,531,000 $ 218,743 $ 87,000
Fairfax, Virginia 39 $ 9,200,000 $ 235,897 $ 137,000
Orange, Florida 38 $ 5,905,000 $ 155,394 $ 83,000
Hamilton, Indiana 38 $ 4,434,000 $ 116,684 $ 75,000
Jackson, Michigan 38 $ 4,526,000 $ 119,105 $ 78,000
Riverside, California 34 $ 8,860,000 $ 260,588 $ 111,000
Sacramento, California 34 $ 7,202,000 $ 211,823 $ 107,000
Rockingham, New Hampshire 34 $ 9,788,000 $ 287,882 $ 56,000
Bay, Florida 32 $ 4,266,000 $ 133,312 $ 63,000
Miami-Dade, Florida 32 $ 6,356,000 $ 198,625 $ 105,000
New Haven, Connecticut 31 $ 5,574,000 $ 179,806 $ 75,000
Palm Beach, Florida 30 $ 7,487,000 $ 249,566 $ 167,000
Lee, Florida 29 $ 5,993,000 $ 206,655 $ 143,000
Hennepin, Minnesota 29 $ 4,431,000 $ 152,793 $ 103,000
Orange, California 28 $ 8,308,000 $ 296,714 $ 162,000
Lenawee, Michigan 25 $ 2,749,000 $ 109,960 $ 67,000
Monroe, Michigan 25 $ 3,015,000 $ 120,600 $ 69,000
Loudoun, Virginia 25 $ 5,359,000 $ 214,360 $ 110,000
Yuma, Arizona 23 $ 2,808,000 $ 122,086 $ 58,000
Fulton, Georgia 23 $ 4,251,000 $ 184,826 $ 53,000
Pinellas, Florida 22 $ 3,631,000 $ 165,045 $ 131,000
Kent, Michigan 22 $ 2,300,000 $ 104,545 $ 56,000
Virginia Beach, Virginia 22 $ 3,071,000 $ 139,590 $ 79,000
San Diego, California 21 $ 4,116,000 $ 196,000 $ 102,000
Hartford, Connecticut 21 $ 2,822,000 $ 134,380 $ 65,000
Lake, Indiana 21 $ 2,123,000 $ 101,095 $ 70,000
Mohave, Arizona 20 $ 3,125,000 $ 156,250 $ 91,000
Duval, Florida 20 $ 2,177,000 $ 108,850 $ 63,000
Jackson, Missouri 20 $ 1,681,000 $ 84,050 $ 68,000
Belknap, New Hampshire 20 $ 3,627,000 $ 181,350 $ 100,000
Harris, Texas 20 $ 2,801,000 $ 140,050 $ 79,000
Fresno, California 18 $ 3,510,000 $ 195,000 $ 104,000
El Paso, Colorado 18 $ 3,131,000 $ 173,944 $ 75,000
Jefferson, Colorado 18 $ 2,271,000 $ 126,166 $ 71,000
DuPage, Illinois 18 $ 2,300,000 $ 127,777 $ 88,000
Will, Illinois 18 $ 2,563,000 $ 142,388 $ 94,000
Prince George's, Maryland 18 $ 3,897,000 $ 216,500 $ 60,000
Carroll, New Hampshire 18 $ 5,159,000 $ 286,611 $ 166,000
Coconino, Arizona 17 $ 3,467,000 $ 203,941 $ 97,000
Yavapai, Arizona 17 $ 2,918,000 $ 171,647 $ 70,000
Alameda, California 17 $ 5,183,000 $ 304,882 $ 133,000
Kent, Rhode Island 17 $ 2,230,000 $ 131,176 $ 50,000
Henrico, Virginia 17 $ 2,223,000 $ 130,764 $ 89,000
St. Charles, Missouri 16 $ 1,710,000 $ 106,875 $ 69,000
Chesterfield, Virginia 16 $ 1,806,000 $ 112,875 $ 93,000
Windham, Connecticut 15 $ 1,945,000 $ 129,666 $ 91,000
Volusia, Florida 15 $ 2,585,000 $ 172,333 $ 67,000
McHenry, Illinois 15 $ 2,029,000 $ 135,266 $ 87,000
Multnomah, Oregon 15 $ 2,883,000 $ 192,200 $ 88,000
Shelby, Tennessee 15 $ 1,722,000 $ 114,800 $ 37,000
Denver, Colorado 14 $ 2,083,000 $ 148,785 $ 75,000
Fairfield, Connecticut 14 $ 5,766,000 $ 411,857 $ 50,000
Alachua, Florida 14 $ 2,184,000 $ 156,000 $ 124,000
Pasco, Florida 14 $ 1,695,000 $ 121,071 $ 51,000
Hendricks, Indiana 14 $ 1,352,000 $ 96,571 $ 80,000
St. Clair, Michigan 14 $ 2,024,000 $ 144,571 $ 87,000
Chesapeake, Virginia 14 $ 2,048,000 $ 146,285 $ 66,000
Pierce, Washington 14 $ 2,428,000 $ 173,428 $ 82,000
Spokane, Washington 14 $ 1,879,000 $ 134,214 $ 74,000
Milwaukee, Wisconsin 14 $ 1,464,000 $ 104,571 $ 55,000
Cochise, Arizona 13 $ 1,732,000 $ 133,230 $ 66,000
Arapahoe, Colorado 13 $ 1,807,000 $ 139,000 $ 86,000
Cuyahoga, Ohio 13 $ 1,937,000 $ 149,000 $ 82,000
Washington, Rhode Island 13 $ 4,134,000 $ 318,000 $ 221,000
Prince William, Virginia 13 $ 3,641,000 $ 280,076 $ 105,000
Contra Costa, California 12 $ 2,923,000 $ 243,583 $ 112,000
Douglas, Colorado 12 $ 2,423,000 $ 201,916 $ 101,000
Honolulu, Hawaii 12 $ 2,623,000 $ 218,583 $ 128,000
Allen, Indiana 12 $ 991,000 $ 82,583 $ 61,000
Horry, South Carolina 12 $ 1,359,000 $ 113,250 $ 68,000
King, Washington 12 $ 2,806,000 $ 233,833 $ 85,000
Kern, California 11 $ 2,141,000 $ 194,636 $ 82,000
Ada, Idaho 11 $ 1,626,000 $ 147,818 $ 47,000
Madison, Indiana 11 $ 1,001,000 $ 91,000 $ 54,000
Berkshire, Massachusetts 11 $ 1,386,000 $ 126,000 $ 57,000
Ramsey, Minnesota 11 $ 1,036,000 $ 94,181 $ 57,000
Bernalillo, New Mexico 11 $ 1,370,000 $ 124,545 $ 79,000
Oklahoma, Oklahoma 11 $ 1,138,000 $ 103,454 $ 76,000
Tulsa, Oklahoma 11 $ 1,269,000 $ 115,363 $ 58,000
Newport, Rhode Island 11 $ 3,246,000 $ 295,090 $ 40,000
Hampton, Virginia 11 $ 1,563,000 $ 142,090 $ 66,000
Adams, Colorado 10 $ 1,073,000 $ 107,300 $ 53,000
Lake, Illinois 10 $ 982,000 $ 98,200 $ 64,000
Elkhart, Indiana 10 $ 640,000 $ 64,000 $ 43,000
Tippecanoe, Indiana 10 $ 790,000 $ 79,000 $ 61,000
Cumberland, Maine 10 $ 3,302,000 $ 330,200 $ 179,000
Merrimack, New Hampshire 10 $ 1,325,000 $ 132,500 $ 61,000
Clackamas, Oregon 10 $ 2,506,000 $ 250,600 $ 88,000
Washington, Oregon 10 $ 1,430,000 $ 143,000 $ 74,000
Bexar, Texas 10 $ 1,694,000 $ 169,400 $ 133,000
Dallas, Texas 10 $ 1,461,000 $ 146,100 $ 76,000
Arlington, Virginia 10 $ 2,154,000 $ 215,400 $ 79,000
Norfolk, Virginia 10 $ 1,315,000 $ 131,500 $ 104,000
Ventura, California 9 $ 2,703,000 $ 300,333 $ 113,000
Brevard, Florida 9 $ 1,683,000 $ 187,000 $ 106,000
Hancock, Indiana 9 $ 894,000 $ 99,333 $ 80,000
Johnson, Kansas 9 $ 1,289,000 $ 143,222 $ 81,000
Jasper, Missouri 9 $ 990,000 $ 110,000 $ 71,000
Grafton, New Hampshire 9 $ 999,000 $ 111,000 $ 29,000
Strafford, New Hampshire 9 $ 1,013,000 $ 112,555 $ 84,000
Knox, Tennessee 9 $ 892,000 $ 99,111 $ 51,000
Bell, Texas 9 $ 1,096,000 $ 121,777 $ 65,000
El Paso, Texas 9 $ 1,657,000 $ 184,111 $ 84,000
Snohomish, Washington 9 $ 1,486,000 $ 165,111 $ 95,000
Sarasota, Florida 8 $ 1,102,000 $ 137,750 $ 67,000
Baltimore, Maryland 8 $ 1,234,000 $ 154,250 $ 64,000
Montgomery, Maryland 8 $ 1,543,000 $ 192,875 $ 132,000
Clay, Missouri 8 $ 802,000 $ 100,250 $ 64,000
St. Louis City, Missouri 8 $ 932,000 $ 116,500 $ 70,000
Hamilton, Ohio 8 $ 879,000 $ 109,875 $ 60,000
Cleveland, Oklahoma 8 $ 708,000 $ 88,500 $ 69,000
Davidson, Tennessee 8 $ 1,031,000 $ 128,875 $ 91,000
Tarrant, Texas 8 $ 1,034,000 $ 129,250 $ 71,000
Tulare, California 7 $ 1,324,000 $ 189,142 $ 78,000
New London, Connecticut 7 $ 929,000 $ 132,714 $ 60,000
Osceola, Florida 7 $ 1,245,000 $ 177,857 $ 28,000
Polk, Florida 7 $ 809,000 $ 115,571 $ 43,000
Seminole, Florida 7 $ 2,286,000 $ 326,571 $ 199,000
DeKalb, Georgia 7 $ 1,075,000 $ 153,571 $ 124,000
St. Clair, Illinois 7 $ 560,000 $ 80,000 $ 49,000
St. Joseph, Indiana 7 $ 723,000 $ 103,285 $ 57,000
Vigo, Indiana 7 $ 700,000 $ 100,000 $ 49,000
York, Maine 7 $ 941,000 $ 134,428 $ 73,000
Charles, Maryland 7 $ 1,820,000 $ 260,000 $ 75,000
Clare, Michigan 7 $ 314,000 $ 44,857 $ 87,000
Saginaw, Michigan 7 $ 624,000 $ 89,142 $ 48,000
Kandiyohi, Minnesota 7 $ 556,000 $ 79,428 $ 103,000
Butler, Ohio 7 $ 1,307,000 $ 186,714 $ 93,000
James City, Virginia 7 $ 940,000 $ 134,285 $ 65,000
Spotsylvania, Virginia 7 $ 1,107,000 $ 158,142 $ 88,000
Jefferson, Alabama 6 $ 784,000 $ 130,666 $ 40,000
Pulaski, Arkansas 6 $ 853,000 $ 142,166 $ 36,000
Placer, California 6 $ 2,085,000 $ 347,500 $ 144,000
Solano, California 6 $ 1,189,000 $ 198,166 $ 64,000
Stanislaus, California 6 $ 1,898,000 $ 316,333 $ 88,000
Summit, Colorado 6 $ 676,000 $ 112,666 $ 72,000
Collier, Florida 6 $ 1,231,000 $ 205,166 $ 80,000
St. Lucie, Florida 6 $ 859,000 $ 143,166 $ 52,000
Cobb, Georgia 6 $ 818,000 $ 136,333 $ 80,000
Gwinnett, Georgia 6 $ 552,000 $ 92,000 $ 32,000
Johnson, Indiana 6 $ 579,000 $ 96,500 $ 52,000
Porter, Indiana 6 $ 706,000 $ 117,666 $ 52,000
Warrick, Indiana 6 $ 508,000 $ 84,666 $ 59,000
Calhoun, Michigan 6 $ 623,000 $ 103,833 $ 84,000
Eaton, Michigan 6 $ 638,000 $ 106,333 $ 89,000
Lapeer, Michigan 6 $ 614,000 $ 102,333 $ 69,000
Shiawassee, Michigan 6 $ 591,000 $ 98,500 $ 88,000
Van Buren, Michigan 6 $ 693,000 $ 115,500 $ 36,000
Dakota, Minnesota 6 $ 1,204,000 $ 200,666 $ 78,000
Goodhue, Minnesota 6 $ 1,157,000 $ 192,833 $ 120,000
Olmsted, Minnesota 6 $ 657,000 $ 109,500 $ 49,000
Platte, Missouri 6 $ 913,000 $ 152,166 $ 81,000
Polk, Missouri 6 $ 376,000 $ 62,666 $ 15,000
Coos, New Hampshire 6 $ 458,000 $ 76,333 $ 26,000
Franklin, Ohio 6 $ 760,000 $ 126,666 $ 55,000
Bristol, Rhode Island 6 $ 1,660,000 $ 276,666 $ 72,000
Hamilton, Tennessee 6 $ 483,000 $ 80,500 $ 43,000
Williamson, Texas 6 $ 1,067,000 $ 177,833 $ 72,000
Albemarle, Virginia 6 $ 1,128,000 $ 188,000 $ 115,000
Clark, Washington 6 $ 810,000 $ 135,000 $ 53,000
Madison, Alabama 5 $ 837,000 $ 167,400 $ 135,000
Anchorage, Alaska 5 $ 635,000 $ 127,000 $ 175,000
Santa Clara, California 5 $ 1,581,000 $ 316,200 $ 111,000
Boulder, Colorado 5 $ 826,000 $ 165,200 $ 97,000
Larimer, Colorado 5 $ 909,000 $ 181,800 $ 81,000
Pueblo, Colorado 5 $ 792,000 $ 158,400 $ 65,000
Weld, Colorado 5 $ 896,000 $ 179,200 $ 71,000
Middlesex, Connecticut 5 $ 985,000 $ 197,000 $ 657,000
Lake, Florida 5 $ 523,000 $ 104,600 $ 128,000
Marion, Florida 5 $ 1,500,000 $ 300,000 $ 63,000
Madison, Illinois 5 $ 344,000 $ 68,800 $ 52,000
LaPorte, Indiana 5 $ 402,000 $ 80,400 $ 37,000
Grand Traverse, Michigan 5 $ 633,000 $ 126,600 $ 130,000
Iosco, Michigan 5 $ 358,000 $ 71,600 $ 61,000
Kalamazoo, Michigan 5 $ 537,000 $ 107,400 $ 48,000
Mecosta, Michigan 5 $ 485,000 $ 97,000 $ 102,000
Ottawa, Michigan 5 $ 350,000 $ 70,000 $ 49,000
Greene, Missouri 5 $ 333,000 $ 66,600 $ 64,000
Jefferson, Missouri 5 $ 640,000 $ 128,000 $ 73,000
Flathead, Montana 5 $ 860,000 $ 172,000 $ 87,000
Cheshire, New Hampshire 5 $ 494,000 $ 98,800 $ 31,000
Summit, Ohio 5 $ 790,000 $ 158,000 $ 56,000
Wagoner, Oklahoma 5 $ 403,000 $ 80,600 $ 61,000
Lane, Oregon 5 $ 846,000 $ 169,200 $ 54,000
Beaufort, South Carolina 5 $ 1,213,000 $ 242,600 $ 140,000
Charleston, South Carolina 5 $ 1,154,000 $ 230,800 $ 79,000
Greenville, South Carolina 5 $ 599,000 $ 119,800 $ 58,000
Rutherford, Tennessee 5 $ 869,000 $ 173,800 $ 99,000
Denton, Texas 5 $ 790,000 $ 158,000 $ 63,000
Travis, Texas 5 $ 1,091,000 $ 218,200 $ 98,000
Alexandria, Virginia 5 $ 1,151,000 $ 230,200 $ 93,000
Hanover, Virginia 5 $ 603,000 $ 120,600 $ 72,000
Portsmouth, Virginia 5 $ 532,000 $ 106,400 $ 77,000
Stafford, Virginia 5 $ 486,000 $ 97,200 $ 86,000
Dane, Wisconsin 5 $ 648,000 $ 129,600 $ 81,000
Shelby, Alabama 4 $ 478,000 $ 119,500 $ 40,000
Gila, Arizona 4 $ 548,000 $ 137,000 $ 83,000
Monterey, California 4 $ 935,000 $ 233,750 $ 114,000
San Mateo, California 4 $ 444,000 $ 111,000 $ 91,000
Shasta, California 4 $ 1,042,000 $ 260,500 $ 93,000
Archuleta, Colorado 4 $ 450,000 $ 112,500 $ 95,000
Manatee, Florida 4 $ 628,000 $ 157,000 $ 30,000
Okaloosa, Florida 4 $ 771,000 $ 192,750 $ 165,000
McLean, Illinois 4 $ 565,000 $ 141,250 $ 64,000
Winnebago, Illinois 4 $ 483,000 $ 120,750 $ 76,000
Delaware, Indiana 4 $ 426,000 $ 106,500 $ 53,000
Floyd, Indiana 4 $ 298,000 $ 74,500 $ 47,000
Morgan, Indiana 4 $ 334,000 $ 83,500 $ 80,000
Scott, Indiana 4 $ 567,000 $ 141,750 $ 103,000
Franklin, Maine 4 $ 578,000 $ 144,500 $ 144,000
Kennebec, Maine 4 $ 200,000 $ 50,000 $ 16,000
Penobscot, Maine 4 $ 382,000 $ 95,500 $ 54,000
Howard, Maryland 4 $ 728,000 $ 182,000 $ 80,000
Washington, Maryland 4 $ 719,000 $ 179,750 $ 83,000
Allegan, Michigan 4 $ 688,000 $ 172,000 $ 102,000
Bay, Michigan 4 $ 302,000 $ 75,500 $ 37,000
Gladwin, Michigan 4 $ 337,000 $ 84,250 $ 108,000
Roscommon, Michigan 4 $ 389,000 $ 97,250 $ 110,000
Boone, Missouri 4 $ 586,000 $ 146,500 $ 84,000
Franklin, Missouri 4 $ 233,000 $ 58,250 $ 120,000
Douglas, Nebraska 4 $ 448,000 $ 112,000 $ 78,000
Dona Ana, New Mexico 4 $ 296,000 $ 74,000 $ 47,000
Belmont, Ohio 4 $ 342,000 $ 85,500 $ 57,000
Montgomery, Ohio 4 $ 447,000 $ 111,750 $ 51,000
Pontotoc, Oklahoma 4 $ 501,000 $ 125,250 $ 89,000
Jackson, Oregon 4 $ 719,000 $ 179,750 $ 86,000
Delaware, Pennsylvania 4 $ 423,000 $ 105,750 $ 58,000
Richland, South Carolina 4 $ 386,000 $ 96,500 $ 66,000
Williamson, Tennessee 4 $ 1,106,000 $ 276,500 $ 106,000
Fort Bend, Texas 4 $ 691,000 $ 172,750 $ 101,000
Campbell, Virginia 4 $ 534,000 $ 133,500 $ 94,000
Gloucester, Virginia 4 $ 642,000 $ 160,500 $ 53,000
Lynchburg, Virginia 4 $ 394,000 $ 98,500 $ 65,000
Newport News, Virginia 4 $ 344,000 $ 86,000 $ 46,000
York, Virginia 4 $ 410,000 $ 102,500 $ 68,000
Cowlitz, Washington 4 $ 455,000 $ 113,750 $ 67,000
St. Clair, Alabama 3 $ 425,000 $ 141,666 $ 101,000
Butte, California 3 $ 405,000 $ 135,000 $ 56,000
Lake, California 3 $ 620,000 $ 206,666 $ 91,000
Nevada, California 3 $ 540,000 $ 180,000 $ 135,000
San Joaquin, California 3 $ 665,000 $ 221,666 $ 78,000
Santa Cruz, California 3 $ 501,000 $ 167,000 $ 108,000
Flagler, Florida 3 $ 410,000 $ 136,666 $ 68,000
Indian River, Florida 3 $ 569,000 $ 189,666 $ 20,000
Leon, Florida 3 $ 388,000 $ 129,333 $ 60,000
Martin, Florida 3 $ 375,000 $ 125,000 $ 78,000
Sumter, Florida 3 $ 361,000 $ 120,333 $ 86,000
Cherokee, Georgia 3 $ 708,000 $ 236,000 $ 132,000
Hawaii, Hawaii 3 $ 567,000 $ 189,000 $ 33,000
Kauai, Hawaii 3 $ 745,000 $ 248,333 $ 96,000
Maui, Hawaii 3 $ 515,000 $ 171,666 $ 71,000
Kendall, Illinois 3 $ 582,000 $ 194,000 $ 122,000
Boone, Indiana 3 $ 617,000 $ 205,666 $ 157,000
Clark, Indiana 3 $ 313,000 $ 104,333 $ 64,000
Henry, Indiana 3 $ 221,000 $ 73,666 $ 51,000
Howard, Indiana 3 $ 350,000 $ 116,666 $ 76,000
Jefferson, Indiana 3 $ 261,000 $ 87,000 $ 56,000
Kosciusko, Indiana 3 $ 162,000 $ 54,000 $ 45,000
Monroe, Indiana 3 $ 488,000 $ 162,666 $ 74,000
Vermillion, Indiana 3 $ 189,000 $ 63,000 $ 82,000
Polk, Iowa 3 $ 285,000 $ 95,000 $ 46,000
Baltimore City, Maryland 3 $ 301,000 $ 100,333 $ 52,000
Dukes, Massachusetts 3 $ 2,000,000 $ 666,666 $ 453,000
Benzie, Michigan 3 $ 594,000 $ 198,000 $ 252,000
Berrien, Michigan 3 $ 522,000 $ 174,000 $ 73,000
Huron, Michigan 3 $ 212,000 $ 70,666 $ 32,000
Leelanau, Michigan 3 $ 550,000 $ 183,333 $ 136,000
Muskegon, Michigan 3 $ 391,000 $ 130,333 $ 47,000
St. Louis, Minnesota 3 $ 408,000 $ 136,000 $ 49,000
Washington, Minnesota 3 $ 298,000 $ 99,333 $ 86,000
Hinds, Mississippi 3 $ 426,000 $ 142,000 $ 64,000
Laclede, Missouri 3 $ 231,000 $ 77,000 $ 71,000
Lincoln, Missouri 3 $ 132,000 $ 44,000 $ 40,000
Nodaway, Missouri 3 $ 415,000 $ 138,333 $ 79,000
Sullivan, New Hampshire 3 $ 432,000 $ 144,000 $ 0
Los Alamos, New Mexico 3 $ 259,000 $ 86,333 $ 55,000
Sandoval, New Mexico 3 $ 314,000 $ 104,666 $ 139,000
Santa Fe, New Mexico 3 $ 699,000 $ 233,000 $ 89,000
Greene, Ohio 3 $ 505,000 $ 168,333 $ 72,000
Lake, Ohio 3 $ 357,000 $ 119,000 $ 64,000
Licking, Ohio 3 $ 606,000 $ 202,000 $ 77,000
Lorain, Ohio 3 $ 316,000 $ 105,333 $ 43,000
Mahoning, Ohio 3 $ 386,000 $ 128,666 $ 30,000
Beckham, Oklahoma 3 $ 325,000 $ 108,333 $ 76,000
Marion, Oregon 3 $ 763,000 $ 254,333 $ 458,000
Bucks, Pennsylvania 3 $ 307,000 $ 102,333 $ 92,000
Montgomery, Pennsylvania 3 $ 528,000 $ 176,000 $ 84,000
Lexington, South Carolina 3 $ 256,000 $ 85,333 $ 31,000
McMinn, Tennessee 3 $ 311,000 $ 103,666 $ 45,000
Wilson, Tennessee 3 $ 396,000 $ 132,000 $ 58,000
Orange, Texas 3 $ 310,000 $ 103,333 $ 72,000
Shelby, Texas 3 $ 826,000 $ 275,333 $ 116,000
Clarke, Virginia 3 $ 134,000 $ 44,666 $ 54,000
Richmond City, Virginia 3 $ 267,000 $ 89,000 $ 59,000
Roanoke, Virginia 3 $ 377,000 $ 125,666 $ 90,000
Washington, Virginia 3 $ 569,000 $ 189,666 $ 100,000
Thurston, Washington 3 $ 700,000 $ 233,333 $ 90,000
Blount, Alabama 2 $ 108,000 $ 54,000 $ 47,000
Chilton, Alabama 2 $ 278,000 $ 139,000 $ 68,000
Houston, Alabama 2 $ 210,000 $ 105,000 $ 57,000
Mobile, Alabama 2 $ 166,000 $ 83,000 $ 56,000
Morgan, Alabama 2 $ 99,000 $ 49,500 $ 64,000
Navajo, Arizona 2 $ 606,000 $ 303,000 $ 167,000
Hot Spring, Arkansas 2 $ 100,000 $ 50,000 $ 58,000
Jefferson, Arkansas 2 $ 249,000 $ 124,500 $ 64,000
Humboldt, California 2 $ 180,000 $ 90,000 $ 43,000
Imperial, California 2 $ 211,000 $ 105,500 $ 116,000
Merced, California 2 $ 670,000 $ 335,000 $ 71,000
San Benito, California 2 $ 517,000 $ 258,500 $ 172,000
San Francisco, California 2 $ 611,000 $ 305,500 $ 330,000
Tuolumne, California 2 $ 458,000 $ 229,000 $ 21,000
Yolo, California 2 $ 335,000 $ 167,500 $ 100,000
Yuba, California 2 $ 397,000 $ 198,500 $ 180,000
La Plata, Colorado 2 $ 317,000 $ 158,500 $ 107,000
Lake, Colorado 2 $ 290,000 $ 145,000 $ 53,000
Logan, Colorado 2 $ 290,000 $ 145,000 $ 0
Mesa, Colorado 2 $ 530,000 $ 265,000 $ 69,000
Otero, Colorado 2 $ 205,000 $ 102,500 $ 69,000
Litchfield, Connecticut 2 $ 361,000 $ 180,500 $ 133,000
Tolland, Connecticut 2 $ 182,000 $ 91,000 $ 0
Escambia, Florida 2 $ 196,000 $ 98,000 $ 156,000
Franklin, Florida 2 $ 144,000 $ 72,000 $ 47,000
Hendry, Florida 2 $ 117,000 $ 58,500 $ 95,000
Hernando, Florida 2 $ 353,000 $ 176,500 $ 49,000
Monroe, Florida 2 $ 963,000 $ 481,500 $ 38,000
St. Johns, Florida 2 $ 675,000 $ 337,500 $ 235,000
Suwannee, Florida 2 $ 162,000 $ 81,000 $ 50,000
Clayton, Georgia 2 $ 162,000 $ 81,000 $ 71,000
Columbia, Georgia 2 $ 120,000 $ 60,000 $ 50,000
Effingham, Georgia 2 $ 190,000 $ 95,000 $ 57,000
Fayette, Georgia 2 $ 284,000 $ 142,000 $ 105,000
Forsyth, Georgia 2 $ 188,000 $ 94,000 $ 73,000
Canyon, Idaho 2 $ 315,000 $ 157,500 $ 55,000
Gem, Idaho 2 $ 250,000 $ 125,000 $ 120,000
Twin Falls, Idaho 2 $ 177,000 $ 88,500 $ 35,000
Champaign, Illinois 2 $ 166,000 $ 83,000 $ 59,000
DeKalb, Illinois 2 $ 314,000 $ 157,000 $ 63,000
Henderson, Illinois 2 $ 148,000 $ 74,000 $ 34,000
Kane, Illinois 2 $ 586,000 $ 293,000 $ 136,000
Mercer, Illinois 2 $ 133,000 $ 66,500 $ 43,000
Peoria, Illinois 2 $ 154,000 $ 77,000 $ 71,000
Rock Island, Illinois 2 $ 110,000 $ 55,000 $ 42,000
Williamson, Illinois 2 $ 121,000 $ 60,500 $ 69,000
Greene, Indiana 2 $ 220,000 $ 110,000 $ 65,000
Huntington, Indiana 2 $ 110,000 $ 55,000 $ 88,000
Jackson, Indiana 2 $ 141,000 $ 70,500 $ 56,000
Shelby, Indiana 2 $ 192,000 $ 96,000 $ 72,000
Spencer, Indiana 2 $ 101,000 $ 50,500 $ 11,000
Vanderburgh, Indiana 2 $ 200,000 $ 100,000 $ 50,000
Warren, Indiana 2 $ 134,000 $ 67,000 $ 74,000
Wayne, Indiana 2 $ 148,000 $ 74,000 $ 83,000
Clarke, Iowa 2 $ 136,000 $ 68,000 $ 102,000
Hamilton, Iowa 2 $ 136,000 $ 68,000 $ 70,000
Howard, Iowa 2 $ 129,000 $ 64,500 $ 55,000
Lee, Iowa 2 $ 155,000 $ 77,500 $ 90,000
Marion, Iowa 2 $ 174,000 $ 87,000 $ 66,000
Scott, Iowa 2 $ 263,000 $ 131,500 $ 130,000
Sedgwick, Kansas 2 $ 258,000 $ 129,000 $ 87,000
Greenup, Kentucky 2 $ 61,000 $ 30,500 $ 38,000
Hardin, Kentucky 2 $ 98,000 $ 49,000 $ 0
Jefferson, Kentucky 2 $ 170,000 $ 85,000 $ 86,000
Lafayette, Louisiana 2 $ 160,000 $ 80,000 $ 40,000
Oxford, Maine 2 $ 240,000 $ 120,000 $ 113,000
Piscataquis, Maine 2 $ 198,000 $ 99,000 $ 79,000
Somerset, Maine 2 $ 109,000 $ 54,500 $ 128,000
Anne Arundel, Maryland 2 $ 598,000 $ 299,000 $ 90,000
Calvert, Maryland 2 $ 332,000 $ 166,000 $ 72,000
Harford, Maryland 2 $ 690,000 $ 345,000 $ 171,000
Hampshire, Massachusetts 2 $ 322,000 $ 161,000 $ 37,000
Alger, Michigan 2 $ 504,000 $ 252,000 $ 99,000
Antrim, Michigan 2 $ 260,000 $ 130,000 $ 97,000
Delta, Michigan 2 $ 129,000 $ 64,500 $ 41,000
Hillsdale, Michigan 2 $ 308,000 $ 154,000 $ 89,000
Houghton, Michigan 2 $ 319,000 $ 159,500 $ 79,000
Lake, Michigan 2 $ 248,000 $ 124,000 $ 45,000
Manistee, Michigan 2 $ 309,000 $ 154,500 $ 87,000
Mason, Michigan 2 $ 117,000 $ 58,500 $ 115,000
Midland, Michigan 2 $ 159,000 $ 79,500 $ 46,000
Oscoda, Michigan 2 $ 204,000 $ 102,000 $ 73,000
Otsego, Michigan 2 $ 98,000 $ 49,000 $ 75,000
Sanilac, Michigan 2 $ 70,000 $ 35,000 $ 49,000
Anoka, Minnesota 2 $ 246,000 $ 123,000 $ 109,000
Carver, Minnesota 2 $ 354,000 $ 177,000 $ 86,000
Chisago, Minnesota 2 $ 124,000 $ 62,000 $ 60,000
DeSoto, Mississippi 2 $ 350,000 $ 175,000 $ 72,000
Hancock, Mississippi 2 $ 116,000 $ 58,000 $ 50,000
Buchanan, Missouri 2 $ 258,000 $ 129,000 $ 117,000
Butler, Missouri 2 $ 182,000 $ 91,000 $ 40,000
Cass, Missouri 2 $ 306,000 $ 153,000 $ 59,000
Cole, Missouri 2 $ 147,000 $ 73,500 $ 102,000
Dent, Missouri 2 $ 114,000 $ 57,000 $ 54,000
Henry, Missouri 2 $ 97,000 $ 48,500 $ 26,000
Lawrence, Missouri 2 $ 164,000 $ 82,000 $ 49,000
Macon, Missouri 2 $ 90,000 $ 45,000 $ 145,000
Pettis, Missouri 2 $ 254,000 $ 127,000 $ 62,000
Missoula, Montana 2 $ 408,000 $ 204,000 $ 67,000
Dawes, Nebraska 2 $ 202,000 $ 101,000 $ 78,000
Bergen, New Jersey 2 $ 499,000 $ 249,500 $ 118,000
Ashland, Ohio 2 $ 260,000 $ 130,000 $ 0
Crawford, Ohio 2 $ 199,000 $ 99,500 $ 52,000
Delaware, Ohio 2 $ 483,000 $ 241,500 $ 38,000
Fairfield, Ohio 2 $ 369,000 $ 184,500 $ 68,000
Lucas, Ohio 2 $ 308,000 $ 154,000 $ 77,000
Morrow, Ohio 2 $ 441,000 $ 220,500 $ 72,000
Stark, Ohio 2 $ 249,000 $ 124,500 $ 58,000
Trumbull, Ohio 2 $ 207,000 $ 103,500 $ 44,000
Canadian, Oklahoma 2 $ 105,000 $ 52,500 $ 55,000
Delaware, Oklahoma 2 $ 180,000 $ 90,000 $ 33,000
Logan, Oklahoma 2 $ 110,000 $ 55,000 $ 47,000
Okmulgee, Oklahoma 2 $ 163,000 $ 81,500 $ 71,000
Washington, Oklahoma 2 $ 151,000 $ 75,500 $ 48,000
Deschutes, Oregon 2 $ 2,170,000 $ 1,085,000 $ 307,000
Douglas, Oregon 2 $ 283,000 $ 141,500 $ 84,000
Umatilla, Oregon 2 $ 223,000 $ 111,500 $ 60,000
Clearfield, Pennsylvania 2 $ 80,000 $ 40,000 $ 60,000
Erie, Pennsylvania 2 $ 150,000 $ 75,000 $ 90,000
Franklin, Pennsylvania 2 $ 198,000 $ 99,000 $ 73,000
Schuylkill, Pennsylvania 2 $ 143,000 $ 71,500 $ 27,000
Anderson, South Carolina 2 $ 486,000 $ 243,000 $ 74,000
Pickens, South Carolina 2 $ 240,000 $ 120,000 $ 64,000
Bradley, Tennessee 2 $ 267,000 $ 133,500 $ 107,000
Henderson, Tennessee 2 $ 126,000 $ 63,000 $ 50,000
Hickman, Tennessee 2 $ 203,000 $ 101,500 $ 48,000
Sevier, Tennessee 2 $ 154,000 $ 77,000 $ 33,000
Sumner, Tennessee 2 $ 179,000 $ 89,500 $ 115,000
Brazoria, Texas 2 $ 293,000 $ 146,500 $ 87,000
Galveston, Texas 2 $ 199,000 $ 99,500 $ 50,000
Hays, Texas 2 $ 268,000 $ 134,000 $ 43,000
Hidalgo, Texas 2 $ 357,000 $ 178,500 $ 159,000
Randall, Texas 2 $ 486,000 $ 243,000 $ 122,000
Washington, Utah 2 $ 689,000 $ 344,500 $ 237,000
Rutland, Vermont 2 $ 246,000 $ 123,000 $ 42,000
Augusta, Virginia 2 $ 589,000 $ 294,500 $ 354,000
Franklin, Virginia 2 $ 334,000 $ 167,000 $ 53,000
Montgomery, Virginia 2 $ 155,000 $ 77,500 $ 35,000
Orange, Virginia 2 $ 316,000 $ 158,000 $ 55,000
Rockingham, Virginia 2 $ 165,000 $ 82,500 $ 82,000
Suffolk, Virginia 2 $ 618,000 $ 309,000 $ 79,000
Sussex, Virginia 2 $ 175,000 $ 87,500 $ 43,000
Warren, Virginia 2 $ 203,000 $ 101,500 $ 83,000
Waynesboro, Virginia 2 $ 126,000 $ 63,000 $ 102,000
Westmoreland, Virginia 2 $ 207,000 $ 103,500 $ 74,000
Walla Walla, Washington 2 $ 290,000 $ 145,000 $ 52,000
Whatcom, Washington 2 $ 348,000 $ 174,000 $ 73,000
Dodge, Wisconsin 2 $ 156,000 $ 78,000 $ 66,000
Door, Wisconsin 2 $ 196,000 $ 98,000 $ 55,000
Shawano, Wisconsin 2 $ 100,000 $ 50,000 $ 55,000
Walworth, Wisconsin 2 $ 370,000 $ 185,000 $ 62,000
Washington, Wisconsin 2 $ 375,000 $ 187,500 $ 140,000
Carbon, Wyoming 2 $ 200,000 $ 100,000 $ 56,000
Lincoln, Wyoming 2 $ 150,000 $ 75,000 $ 56,000
Baldwin, Alabama 1 $ 84,000 $ 84,000 $ 30,000
Calhoun, Alabama 1 $ 284,000 $ 284,000 $ 116,000
Chambers, Alabama 1 $ 56,000 $ 56,000 $ 31,000
Franklin, Alabama 1 $ 27,000 $ 27,000 $ 54,000
Limestone, Alabama 1 $ 116,000 $ 116,000 $ 0
Tuscaloosa, Alabama 1 $ 119,000 $ 119,000 $ 34,000
Fairbanks North Star, Alaska 1 $ 230,000 $ 230,000 $ 119,000
Kenai Peninsula, Alaska 1 $ 230,000 $ 230,000 $ 252,000
Apache, Arizona 1 $ 144,000 $ 144,000 $ 135,000
Graham, Arizona 1 $ 38,000 $ 38,000 $ 53,000
Benton, Arkansas 1 $ 125,000 $ 125,000 $ 52,000
Boone, Arkansas 1 $ 54,000 $ 54,000 $ 43,000
Newton, Arkansas 1 $ 91,000 $ 91,000 $ 91,000
Saline, Arkansas 1 $ 239,000 $ 239,000 $ 87,000
White, Arkansas 1 $ 133,000 $ 133,000 $ 44,000
Calaveras, California 1 $ 190,000 $ 190,000 $ 358,000
Del Norte, California 1 $ 64,000 $ 64,000 $ 79,000
El Dorado, California 1 $ 300,000 $ 300,000 $ 49,000
Plumas, California 1 $ 153,000 $ 153,000 $ 127,000
San Luis Obispo, California 1 $ 100,000 $ 100,000 $ 39,000
Santa Barbara, California 1 $ 359,000 $ 359,000 $ 104,000
Sonoma, California 1 $ 369,000 $ 369,000 $ 175,000
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Mortgage Loan Application Detail Totals for Sallie Mae Home Loans in 2006

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 5,137 $834,801,000 $162,000 $2,000,000 $80,000 $1,588,000
Refinancing 3,971 $700,044,000 $176,000 $2,860,000 $87,000 $2,292,000
Home Improvement 131 $26,597,000 $203,000 $1,000,000 $91,000 $356,000

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 6,743 $1,139,905,000 $169,000 $2,860,000 $86,000 $2,292,000
Not Provided 885 $136,858,000 $154,000 $2,000,000 $79,000 $1,588,000
Black or African American 757 $123,426,000 $163,000 $1,121,000 $74,000 $636,000
Hispanic 583 $107,084,000 $183,000 $1,125,000 $75,000 $660,000
Asian 201 $41,805,000 $207,000 $628,000 $75,000 $300,000
American Indian or Alaskan Native 39 $5,787,000 $148,000 $417,000 $72,000 $194,000
Native Hawaiian or Other Pacific Islander 31 $6,577,000 $212,000 $483,000 $99,000 $227,000
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) 8,688 $1,476,161,000 $169,000 $2,860,000 $85,000 $2,292,000
FHA-insured (Federal Housing Administration) 411 $59,378,000 $144,000 $325,000 $59,000 $235,000
VA-guaranteed (Veterans Administration) 140 $25,903,000 $185,000 $417,000 $66,000 $165,000
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 6,778 $1,149,615,000 $169,000 $2,000,000 $85,000 $1,552,000
Application Approved But Not Accepted 829 $151,788,000 $183,000 $2,000,000 $86,000 $1,588,000
Application Denied By Financial Institution 772 $131,109,000 $169,000 $2,860,000 $80,000 $2,292,000
Preapproval Approved but not Accepted 495 $70,451,000 $142,000 $675,000 $65,000 $300,000
Application Withdrawn By Applicant 183 $34,942,000 $190,000 $975,000 $75,000 $617,000
Preapproval Denied by Financial Institution 178 $22,740,000 $127,000 $560,000 $59,000 $456,000
File Closed For Incompleteness 4 $797,000 $199,000 $379,000 $40,000 $80,000
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
Debt-To-Income Ratio 98 $16,038,000 $163,000 $650,000 $63,000 $770,000
Collateral 93 $13,799,000 $148,000 $772,000 $85,000 $300,000
Credit History 67 $11,394,000 $170,000 $800,000 $59,000 $234,000
Unverifiable Information 33 $6,464,000 $195,000 $558,000 $84,000 $196,000
Other 25 $5,721,000 $228,000 $1,000,000 $74,000 $359,000
Employment History 9 $1,369,000 $152,000 $403,000 $64,000 $132,000
Insufficient Cash (Downpayment, Closing Cost) 6 $667,000 $111,000 $305,000 $53,000 $73,000
Credit Application Incomplete 1 $130,000 $130,000 $130,000 $55,000 $55,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Sallie Mae Home Loans's 2006 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