Shore Mortgage
Mortgage Loan Application
Totals and Details
for 2005

Find mortgage loan statistics, lending data, and loan application totals for Michigan.
The mortgage statistics and data below are specific to mortgage loan applications for Shore Mortgage.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.

Mortgage Company & Address Shore Mortgage
770 S. Adams Road #300
Birmingham, MI 48009
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 6,366
Total Mortgage Loan Application Amount $779,497,000
Average Mortgage Loan Application Amount $111,625
Highest Mortgage Loan Application Amount $1,147,000
Average Applicant Income $42,593
Highest Applicant Income $800,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MI, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Shore Mortgage by Metropolitan Area in 2005

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
DETROIT-LIVONIA-DEARBORN, MI 1,720 $ 188,576,000 $ 109,000 $ 47,000
WARREN-FARMINGTON HILLS-TROY, MI 838 $ 128,319,000 $ 153,000 $ 56,000
CHICAGO-NAPERVILLE-JOLIET, IL 295 $ 48,257,000 $ 163,000 $ 55,000
FLINT, MI 91 $ 9,915,000 $ 108,000 $ 32,000
DAYTON, OH 87 $ 8,091,000 $ 93,000 $ 41,000
ANN ARBOR, MI 66 $ 11,121,000 $ 168,000 $ 62,000
CINCINNATI-MIDDLETOWN, OH-KY-IN 63 $ 6,802,000 $ 107,000 $ 41,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 47 $ 5,563,000 $ 118,000 $ 48,000
COLUMBUS, OH 42 $ 4,664,000 $ 111,000 $ 37,000
MONROE, MI 42 $ 5,773,000 $ 137,000 $ 48,000
GRAND RAPIDS-WYOMING, MI 34 $ 3,824,000 $ 112,000 $ 45,000
CLEVELAND-ELYRIA-MENTOR, OH 31 $ 3,408,000 $ 109,000 $ 43,000
TERRE HAUTE, IN 31 $ 2,639,000 $ 85,000 $ 45,000
BLOOMINGTON, IN 29 $ 2,418,000 $ 83,000 $ 31,000
RICHMOND, VA 29 $ 3,905,000 $ 134,000 $ 43,000
LAKELAND, FL 28 $ 2,684,000 $ 95,000 $ 47,000
SAGINAW-SAGINAW TOWNSHIP NORTH, MI 28 $ 2,655,000 $ 94,000 $ 40,000
NASHVILLE-DAVIDSON--MURFREESBORO, TN 25 $ 2,894,000 $ 115,000 $ 41,000
MUSKEGON-NORTON SHORES, MI 24 $ 2,227,000 $ 92,000 $ 38,000
JACKSON, MI 21 $ 2,107,000 $ 100,000 $ 41,000
SPRINGFIELD, OH 20 $ 1,933,000 $ 96,000 $ 51,000
LANSING-EAST LANSING, MI 19 $ 2,402,000 $ 126,000 $ 53,000
INDIANAPOLIS, IN 17 $ 1,863,000 $ 109,000 $ 50,000
LIMA, OH 17 $ 1,421,000 $ 83,000 $ 34,000
DANVILLE, IL 15 $ 1,105,000 $ 73,000 $ 39,000
KALAMAZOO-PORTAGE, MI 15 $ 1,777,000 $ 118,000 $ 38,000
MANSFIELD, OH 15 $ 1,360,000 $ 90,000 $ 53,000
TOLEDO, OH 14 $ 1,299,000 $ 92,000 $ 43,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 13 $ 2,116,000 $ 162,000 $ 51,000
BATTLE CREEK, MI 12 $ 1,091,000 $ 90,000 $ 37,000
BAY CITY, MI 12 $ 910,000 $ 75,000 $ 29,000
GARY, IN 12 $ 1,798,000 $ 149,000 $ 60,000
ORLANDO, FL 12 $ 2,086,000 $ 173,000 $ 58,000
AKRON, OH 11 $ 1,345,000 $ 122,000 $ 53,000
JACKSONVILLE, FL 11 $ 1,434,000 $ 130,000 $ 61,000
MEMPHIS, TN-MS-AR 11 $ 734,000 $ 66,000 $ 106,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 10 $ 1,205,000 $ 120,000 $ 43,000
BIRMINGHAM-HOOVER, AL 9 $ 790,000 $ 87,000 $ 25,000
PHOENIX-MESA-SCOTTSDALE, AZ 8 $ 1,266,000 $ 158,000 $ 39,000
FORT WAYNE, IN 7 $ 796,000 $ 113,000 $ 38,000
HOLLAND-GRAND HAVEN, MI 7 $ 1,054,000 $ 150,000 $ 37,000
CANTON-MASSILLON, OH 6 $ 651,000 $ 108,000 $ 41,000
OCALA, FL 6 $ 586,000 $ 97,000 $ 40,000
ATLANTA-SANDY SPRINGS-MARIETTA, GA 5 $ 841,000 $ 168,000 $ 66,000
ELKHART-GOSHEN, IN 5 $ 691,000 $ 138,000 $ 24,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 5 $ 512,000 $ 102,000 $ 35,000
LAFAYETTE, IN 5 $ 589,000 $ 117,000 $ 47,000
LEXINGTON-FAYETTE, KY 5 $ 562,000 $ 112,000 $ 37,000
PEORIA, IL 5 $ 435,000 $ 87,000 $ 47,000
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 5 $ 534,000 $ 106,000 $ 22,000
CAPE CORAL-FORT MYERS, FL 3 $ 423,000 $ 141,000 $ 96,000
CHAMPAIGN-URBANA, IL 3 $ 354,000 $ 118,000 $ 44,000
GAINESVILLE, FL 3 $ 282,000 $ 94,000 $ 40,000
KANKAKEE-BRADLEY, IL 3 $ 413,000 $ 137,000 $ 56,000
KNOXVILLE, TN 3 $ 293,000 $ 97,000 $ 59,000
NILES-BENTON HARBOR, MI 3 $ 411,000 $ 137,000 $ 14,000
ROCKFORD, IL 3 $ 351,000 $ 117,000 $ 68,000
ANDERSON, SC 2 $ 201,000 $ 100,000 $ 14,000
AUBURN-OPELIKA, AL 2 $ 199,000 $ 99,000 $ 33,000
CHATTANOOGA, TN-GA 2 $ 237,000 $ 118,000 $ 15,000
COLUMBUS, IN 2 $ 263,000 $ 131,000 $ 43,000
DANVILLE, VA 2 $ 182,000 $ 91,000 $ 39,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 2 $ 154,000 $ 77,000 $ 75,000
EVANSVILLE, IN-KY 2 $ 229,000 $ 114,000 $ 65,000
NAPLES-MARCO ISLAND, FL 2 $ 298,000 $ 149,000 $ 45,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 2 $ 294,000 $ 147,000 $ 45,000
PANAMA CITY-LYNN HAVEN, FL 2 $ 287,000 $ 143,000 $ 62,000
PENSACOLA-FERRY PASS-BRENT, FL 2 $ 203,000 $ 101,000 $ 31,000
PORT ST. LUCIE-FORT PIERCE, FL 2 $ 263,000 $ 131,000 $ 64,000
PUNTA GORDA, FL 2 $ 228,000 $ 114,000 $ 57,000
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 2 $ 1,288,000 $ 644,000 $ 425,000
ANNISTON-OXFORD, AL 1 $ 77,000 $ 77,000 $ 43,000
BOWLING GREEN, KY 1 $ 79,000 $ 79,000 $ 50,000
CLARKSVILLE, TN-KY 1 $ 94,000 $ 94,000 $ 48,000
CLEVELAND, TN 1 $ 116,000 $ 116,000 $ 77,000
COLUMBIA, SC 1 $ 94,000 $ 94,000 $ 43,000
DECATUR, IL 1 $ 90,000 $ 90,000 $ 57,000
HUNTSVILLE, AL 1 $ 121,000 $ 121,000 $ 76,000
JOHNSON CITY, TN 1 $ 133,000 $ 133,000 $ 45,000
KOKOMO, IN 1 $ 167,000 $ 167,000 $ 44,000
LOUISVILLE, KY-IN 1 $ 49,000 $ 49,000 $ 24,000
MICHIGAN CITY-LA PORTE, IN 1 $ 118,000 $ 118,000 $ 25,000
MOBILE, AL 1 $ 96,000 $ 96,000 $ 31,000
MUNCIE, IN 1 $ 78,000 $ 78,000 $ 37,000
SANDUSKY, OH 1 $ 125,000 $ 125,000 $ 40,000
VERO BEACH, FL 1 $ 201,000 $ 201,000 $ 41,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Michigan, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Shore Mortgage in 2005

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 3,958 $467,083,000 $107,062 $775,000 $40,687 $411,000
Refinancing 2,400 $311,766,000 $121,571 $1,147,000 $45,857 $800,000
Home Improvement 8 $648,000 $78,500 $157,000 $35,000 $85,000

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 4,283 $533,580,000 $116,200 $1,147,000 $42,066 $800,000
Black or African American 1,655 $192,708,000 $119,733 $775,000 $44,866 $400,000
Hispanic 327 $38,727,000 $121,583 $360,000 $40,750 $137,000
Asian 73 $10,932,000 $132,888 $317,000 $45,666 $185,000
American Indian or Alaskan Native 15 $1,650,000 $109,666 $211,000 $42,333 $89,000
Native Hawaiian or Other Pacific Islander 11 $1,670,000 $141,000 $238,000 $66,800 $110,000
Not Provided 2 $230,000 $115,000 $120,000 $47,000 $71,000
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
FHA-insured (Federal Housing Administration) 3,461 $402,055,000 $111,352 $381,000 $41,470 $400,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 2,810 $364,480,000 $121,833 $1,147,000 $50,250 $800,000
VA-guaranteed (Veterans Administration) 95 $12,962,000 $120,666 $300,000 $40,333 $102,000
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 3,536 $434,143,000 $119,357 $1,147,000 $46,500 $800,000
Application Withdrawn By Applicant 1,738 $213,664,000 $116,571 $775,000 $41,857 $372,000
Application Approved But Not Accepted 659 $78,089,000 $107,846 $608,000 $45,000 $313,000
Application Denied By Financial Institution 429 $53,222,000 $116,846 $418,000 $38,076 $400,000
Preapproval Approved but not Accepted 4 $379,000 $83,000 $141,000 $44,500 $66,000
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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
Credit History 90 $11,611,000 $118,000 $337,000 $42,555 $119,000
Other 38 $4,543,000 $123,000 $381,000 $34,714 $110,000
Debt-To-Income Ratio 18 $1,843,000 $105,750 $150,000 $27,625 $48,000
Employment History 5 $678,000 $135,600 $201,000 $44,000 $54,000
Insufficient Cash (Downpayment, Closing Cost) 3 $558,000 $186,000 $272,000 $73,000 $147,000
Unverifiable Information 3 $293,000 $98,000 $119,000 $41,000 $47,000
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MI, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Michigan, and search similar information at your convenience.

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