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 Towne Mortgage Company.
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 | Towne Mortgage Company 13325 E 14 Mile Rd Sterling Heights, MI 48312 Tel #: available with data download |
Federal Regulator | * available with data download |
Years | 2006 2005 2004 2003 |
Total Number of Mortgage Applications | 8,756 |
Total Mortgage Loan Application Amount | $1,005,900,000 |
Average Mortgage Loan Application Amount | $122,789 |
Highest Mortgage Loan Application Amount | $1,000,000 |
Average Applicant Income | $60,578 |
Highest Applicant Income | $1,980,000 |
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.
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 | 2,081 | $ 220,608,000 | $ 106,000 | $ 57,000 |
Macomb County Michigan | 1,335 | $ 157,813,000 | $ 118,000 | $ 56,000 |
Oakland County Michigan | 1,032 | $ 146,808,000 | $ 142,000 | $ 70,000 |
Kent County Michigan | 753 | $ 76,497,000 | $ 101,000 | $ 44,000 |
Washtenaw County Michigan | 524 | $ 81,472,000 | $ 155,000 | $ 85,000 |
Genesee County Michigan | 330 | $ 33,429,000 | $ 101,000 | $ 55,000 |
Muskegon County Michigan | 231 | $ 21,521,000 | $ 93,000 | $ 35,000 |
Ottawa County Michigan | 185 | $ 22,131,000 | $ 119,000 | $ 42,000 |
Monroe County Michigan | 146 | $ 19,126,000 | $ 131,000 | $ 51,000 |
Ingham County Michigan | 136 | $ 13,602,000 | $ 100,000 | $ 48,000 |
St. Clair County Michigan | 120 | $ 14,621,000 | $ 121,000 | $ 45,000 |
Livingston County Michigan | 108 | $ 17,931,000 | $ 166,000 | $ 76,000 |
Montgomery County Ohio | 101 | $ 9,909,000 | $ 98,000 | $ 40,000 |
Marion County Indiana | 83 | $ 7,892,000 | $ 95,000 | $ 44,000 |
Wood County Ohio | 78 | $ 9,680,000 | $ 124,000 | $ 48,000 |
Allegan County Michigan | 75 | $ 7,866,000 | $ 104,000 | $ 38,000 |
Jackson County Michigan | 70 | $ 7,194,000 | $ 102,000 | $ 51,000 |
Eaton County Michigan | 51 | $ 5,562,000 | $ 109,000 | $ 48,000 |
Lapeer County Michigan | 51 | $ 8,011,000 | $ 157,000 | $ 50,000 |
Saginaw County Michigan | 44 | $ 3,790,000 | $ 86,000 | $ 50,000 |
Clare County Michigan | 43 | $ 2,867,000 | $ 66,000 | $ 43,000 |
Shiawassee County Michigan | 41 | $ 4,167,000 | $ 101,000 | $ 52,000 |
Isabella County Michigan | 37 | $ 3,297,000 | $ 89,000 | $ 37,000 |
Calhoun County Michigan | 36 | $ 3,418,000 | $ 94,000 | $ 46,000 |
Kalamazoo County Michigan | 35 | $ 3,659,000 | $ 104,000 | $ 48,000 |
Lenawee County Michigan | 34 | $ 4,157,000 | $ 122,000 | $ 59,000 |
Clark County Ohio | 34 | $ 2,724,000 | $ 80,000 | $ 35,000 |
Richland County Ohio | 34 | $ 3,114,000 | $ 91,000 | $ 46,000 |
Newaygo County Michigan | 33 | $ 2,712,000 | $ 82,000 | $ 29,000 |
Butler County Ohio | 33 | $ 3,484,000 | $ 105,000 | $ 35,000 |
Bay County Michigan | 31 | $ 2,630,000 | $ 84,000 | $ 45,000 |
Barry County Michigan | 28 | $ 3,719,000 | $ 132,000 | $ 37,000 |
Montcalm County Michigan | 28 | $ 2,226,000 | $ 79,000 | $ 30,000 |
Tuscola County Michigan | 27 | $ 2,682,000 | $ 99,000 | $ 38,000 |
Miami County Ohio | 27 | $ 2,436,000 | $ 90,000 | $ 32,000 |
Stark County Ohio | 27 | $ 1,946,000 | $ 72,000 | $ 41,000 |
Berrien County Michigan | 25 | $ 2,556,000 | $ 102,000 | $ 46,000 |
Gratiot County Michigan | 23 | $ 2,077,000 | $ 90,000 | $ 41,000 |
Ionia County Michigan | 21 | $ 2,119,000 | $ 100,000 | $ 43,000 |
Lucas County Ohio | 21 | $ 2,377,000 | $ 113,000 | $ 52,000 |
Roscommon County Michigan | 20 | $ 2,082,000 | $ 104,000 | $ 67,000 |
Franklin County Ohio | 20 | $ 2,093,000 | $ 104,000 | $ 29,000 |
Hamilton County Ohio | 20 | $ 2,194,000 | $ 109,000 | $ 36,000 |
Clinton County Michigan | 19 | $ 2,355,000 | $ 123,000 | $ 62,000 |
Midland County Michigan | 19 | $ 1,625,000 | $ 85,000 | $ 57,000 |
Greene County Ohio | 19 | $ 2,201,000 | $ 115,000 | $ 49,000 |
Mahoning County Ohio | 18 | $ 1,504,000 | $ 83,000 | $ 32,000 |
Gladwin County Michigan | 17 | $ 1,233,000 | $ 72,000 | $ 50,000 |
Oceana County Michigan | 17 | $ 1,197,000 | $ 70,000 | $ 28,000 |
Mecosta County Michigan | 16 | $ 1,240,000 | $ 77,000 | $ 24,000 |
Osceola County Michigan | 15 | $ 1,173,000 | $ 78,000 | $ 34,000 |
Chippewa County Michigan | 14 | $ 1,115,000 | $ 79,000 | $ 67,000 |
Mason County Michigan | 14 | $ 1,048,000 | $ 74,000 | $ 45,000 |
Van Buren County Michigan | 14 | $ 1,434,000 | $ 102,000 | $ 33,000 |
Sanilac County Michigan | 12 | $ 1,675,000 | $ 139,000 | $ 53,000 |
Warren County Ohio | 11 | $ 1,314,000 | $ 119,000 | $ 128,000 |
Allen County Indiana | 10 | $ 965,000 | $ 96,000 | $ 39,000 |
Cheboygan County Michigan | 9 | $ 772,000 | $ 85,000 | $ 31,000 |
Huron County Michigan | 8 | $ 767,000 | $ 95,000 | $ 52,000 |
Shelby County Ohio | 8 | $ 695,000 | $ 86,000 | $ 36,000 |
Summit County Ohio | 8 | $ 756,000 | $ 94,000 | $ 41,000 |
Morrow County Ohio | 7 | $ 531,000 | $ 75,000 | $ 33,000 |
Wayne County Ohio | 7 | $ 685,000 | $ 97,000 | $ 35,000 |
Hendricks County Indiana | 6 | $ 777,000 | $ 129,000 | $ 57,000 |
Iosco County Michigan | 6 | $ 453,000 | $ 75,000 | $ 74,000 |
Champaign County Ohio | 6 | $ 557,000 | $ 92,000 | $ 44,000 |
Clermont County Ohio | 6 | $ 674,000 | $ 112,000 | $ 45,000 |
Columbiana County Ohio | 6 | $ 399,000 | $ 66,000 | $ 40,000 |
Logan County Ohio | 6 | $ 653,000 | $ 108,000 | $ 55,000 |
Collier County Florida | 5 | $ 731,000 | $ 146,000 | $ 40,000 |
Palm Beach County Florida | 5 | $ 1,308,000 | $ 261,000 | $ 112,000 |
Hamilton County Indiana | 5 | $ 830,000 | $ 166,000 | $ 65,000 |
Johnson County Indiana | 5 | $ 509,000 | $ 101,000 | $ 38,000 |
Grand Traverse County Michigan | 5 | $ 625,000 | $ 125,000 | $ 21,000 |
Presque Isle County Michigan | 5 | $ 421,000 | $ 84,000 | $ 82,000 |
Darke County Ohio | 5 | $ 355,000 | $ 71,000 | $ 34,000 |
Guernsey County Ohio | 5 | $ 363,000 | $ 72,000 | $ 29,000 |
Henry County Ohio | 5 | $ 414,000 | $ 82,000 | $ 34,000 |
Marion County Ohio | 5 | $ 398,000 | $ 79,000 | $ 42,000 |
Tuscarawas County Ohio | 5 | $ 465,000 | $ 93,000 | $ 39,000 |
Noble County Indiana | 4 | $ 255,000 | $ 63,000 | $ 32,000 |
Alcona County Michigan | 4 | $ 492,000 | $ 123,000 | $ 97,000 |
Charlevoix County Michigan | 4 | $ 501,000 | $ 125,000 | $ 58,000 |
Crawford County Michigan | 4 | $ 212,000 | $ 53,000 | $ 65,000 |
Emmet County Michigan | 4 | $ 706,000 | $ 176,000 | $ 98,000 |
Montmorency County Michigan | 4 | $ 249,000 | $ 62,000 | $ 31,000 |
Clinton County Ohio | 4 | $ 578,000 | $ 144,000 | $ 62,000 |
Crawford County Ohio | 4 | $ 434,000 | $ 108,000 | $ 47,000 |
Ottawa County Ohio | 4 | $ 570,000 | $ 142,000 | $ 54,000 |
Hancock County Indiana | 3 | $ 306,000 | $ 102,000 | $ 49,000 |
Madison County Indiana | 3 | $ 341,000 | $ 113,000 | $ 36,000 |
Morgan County Indiana | 3 | $ 371,000 | $ 123,000 | $ 19,000 |
St. Joseph County Indiana | 3 | $ 368,000 | $ 122,000 | $ 75,000 |
Antrim County Michigan | 3 | $ 237,000 | $ 79,000 | $ 12,000 |
Benzie County Michigan | 3 | $ 342,000 | $ 114,000 | $ 48,000 |
Hillsdale County Michigan | 3 | $ 272,000 | $ 90,000 | $ 78,000 |
Manistee County Michigan | 3 | $ 390,000 | $ 130,000 | $ 58,000 |
Missaukee County Michigan | 3 | $ 301,000 | $ 100,000 | $ 52,000 |
Otsego County Michigan | 3 | $ 444,000 | $ 148,000 | $ 79,000 |
St. Joseph County Michigan | 3 | $ 362,000 | $ 120,000 | $ 44,000 |
Ashland County Ohio | 3 | $ 244,000 | $ 81,000 | $ 38,000 |
Cuyahoga County Ohio | 3 | $ 535,000 | $ 178,000 | $ 68,000 |
Delaware County Ohio | 3 | $ 581,000 | $ 193,000 | $ 86,000 |
Fairfield County Ohio | 3 | $ 413,000 | $ 137,000 | $ 65,000 |
Hancock County Ohio | 3 | $ 286,000 | $ 95,000 | $ 70,000 |
Holmes County Ohio | 3 | $ 271,000 | $ 90,000 | $ 37,000 |
Lorain County Ohio | 3 | $ 334,000 | $ 111,000 | $ 89,000 |
Preble County Ohio | 3 | $ 271,000 | $ 90,000 | $ 25,000 |
Ross County Ohio | 3 | $ 276,000 | $ 92,000 | $ 36,000 |
Trumbull County Ohio | 3 | $ 234,000 | $ 78,000 | $ 52,000 |
Sarasota County Florida | 2 | $ 322,000 | $ 161,000 | $ 48,000 |
Grant County Indiana | 2 | $ 157,000 | $ 78,000 | $ 8,000 |
Huntington County Indiana | 2 | $ 260,000 | $ 130,000 | $ 39,000 |
Lake County Indiana | 2 | $ 228,000 | $ 114,000 | $ 48,000 |
Shelby County Indiana | 2 | $ 179,000 | $ 89,000 | $ 48,000 |
Steuben County Indiana | 2 | $ 112,000 | $ 56,000 | $ 71,000 |
Arenac County Michigan | 2 | $ 144,000 | $ 72,000 | $ 24,000 |
Branch County Michigan | 2 | $ 200,000 | $ 100,000 | $ 43,000 |
Cass County Michigan | 2 | $ 249,000 | $ 124,000 | $ 51,000 |
Kalkaska County Michigan | 2 | $ 141,000 | $ 70,000 | $ 129,000 |
Lake County Michigan | 2 | $ 144,000 | $ 72,000 | $ 50,000 |
Schoolcraft County Michigan | 2 | $ 214,000 | $ 107,000 | $ 48,000 |
Wexford County Michigan | 2 | $ 299,000 | $ 149,000 | $ 62,000 |
Allen County Ohio | 2 | $ 265,000 | $ 132,000 | $ 65,000 |
Brown County Ohio | 2 | $ 190,000 | $ 95,000 | $ 28,000 |
Carroll County Ohio | 2 | $ 255,000 | $ 127,000 | $ 81,000 |
Fayette County Ohio | 2 | $ 223,000 | $ 111,000 | $ 25,000 |
Knox County Ohio | 2 | $ 165,000 | $ 82,000 | $ 46,000 |
Licking County Ohio | 2 | $ 165,000 | $ 82,000 | $ 28,000 |
Pike County Ohio | 2 | $ 159,000 | $ 79,000 | $ 42,000 |
Summit County Colorado | 1 | $ 128,000 | $ 128,000 | $ 210,000 |
Broward County Florida | 1 | $ 180,000 | $ 180,000 | $ 46,000 |
Charlotte County Florida | 1 | $ 100,000 | $ 100,000 | $ 44,000 |
Lee County Florida | 1 | $ 77,000 | $ 77,000 | $ 47,000 |
Miami-Dade County Florida | 1 | $ 200,000 | $ 200,000 | $ 102,000 |
Orange County Florida | 1 | $ 120,000 | $ 120,000 | $ 53,000 |
Cook County Illinois | 1 | $ 185,000 | $ 185,000 | $ 0 |
Lake County Illinois | 1 | $ 135,000 | $ 135,000 | $ 81,000 |
Will County Illinois | 1 | $ 205,000 | $ 205,000 | $ 0 |
Boone County Indiana | 1 | $ 147,000 | $ 147,000 | $ 77,000 |
Brown County Indiana | 1 | $ 56,000 | $ 56,000 | $ 23,000 |
Clark County Indiana | 1 | $ 170,000 | $ 170,000 | $ 102,000 |
Clinton County Indiana | 1 | $ 71,000 | $ 71,000 | $ 50,000 |
DeKalb County Indiana | 1 | $ 64,000 | $ 64,000 | $ 35,000 |
Elkhart County Indiana | 1 | $ 113,000 | $ 113,000 | $ 64,000 |
Henry County Indiana | 1 | $ 227,000 | $ 227,000 | $ 83,000 |
Porter County Indiana | 1 | $ 118,000 | $ 118,000 | $ 38,000 |
Pulaski County Indiana | 1 | $ 64,000 | $ 64,000 | $ 51,000 |
Tippecanoe County Indiana | 1 | $ 154,000 | $ 154,000 | $ 75,000 |
Vanderburgh County Indiana | 1 | $ 74,000 | $ 74,000 | $ 22,000 |
Vigo County Indiana | 1 | $ 81,000 | $ 81,000 | $ 25,000 |
Wabash County Indiana | 1 | $ 91,000 | $ 91,000 | $ 53,000 |
Wayne County Indiana | 1 | $ 99,000 | $ 99,000 | $ 41,000 |
Campbell County Kentucky | 1 | $ 91,000 | $ 91,000 | $ 54,000 |
Kenton County Kentucky | 1 | $ 79,000 | $ 79,000 | $ 0 |
Alger County Michigan | 1 | $ 63,000 | $ 63,000 | $ 60,000 |
Iron County Michigan | 1 | $ 129,000 | $ 129,000 | $ 53,000 |
Keweenaw County Michigan | 1 | $ 60,000 | $ 60,000 | $ 142,000 |
Leelanau County Michigan | 1 | $ 129,000 | $ 129,000 | $ 43,000 |
Mackinac County Michigan | 1 | $ 91,000 | $ 91,000 | $ 32,000 |
Marquette County Michigan | 1 | $ 131,000 | $ 131,000 | $ 0 |
Menominee County Michigan | 1 | $ 40,000 | $ 40,000 | $ 14,000 |
Ogemaw County Michigan | 1 | $ 224,000 | $ 224,000 | $ 67,000 |
Taney County Missouri | 1 | $ 232,000 | $ 232,000 | $ 88,000 |
Ocean County New Jersey | 1 | $ 167,000 | $ 167,000 | $ 165,000 |
Catawba County North Carolina | 1 | $ 90,000 | $ 90,000 | $ 64,000 |
Adams County Ohio | 1 | $ 70,000 | $ 70,000 | $ 37,000 |
Auglaize County Ohio | 1 | $ 185,000 | $ 185,000 | $ 0 |
Belmont County Ohio | 1 | $ 136,000 | $ 136,000 | $ 46,000 |
Fulton County Ohio | 1 | $ 134,000 | $ 134,000 | $ 74,000 |
Hardin County Ohio | 1 | $ 66,000 | $ 66,000 | $ 26,000 |
Hocking County Ohio | 1 | $ 148,000 | $ 148,000 | $ 55,000 |
Lake County Ohio | 1 | $ 171,000 | $ 171,000 | $ 71,000 |
Madison County Ohio | 1 | $ 122,000 | $ 122,000 | $ 59,000 |
Medina County Ohio | 1 | $ 210,000 | $ 210,000 | $ 124,000 |
Muskingum County Ohio | 1 | $ 101,000 | $ 101,000 | $ 59,000 |
Perry County Ohio | 1 | $ 103,000 | $ 103,000 | $ 37,000 |
Portage County Ohio | 1 | $ 100,000 | $ 100,000 | $ 0 |
Williams County Ohio | 1 | $ 54,000 | $ 54,000 | $ 46,000 |
Wyandot County Ohio | 1 | $ 65,000 | $ 65,000 | $ 45,000 |
Berks County Pennsylvania | 1 | $ 128,000 | $ 128,000 | $ 74,000 |
Rutherford County Tennessee | 1 | $ 59,000 | $ 59,000 | $ 0 |
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.
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) | 5,755 | $682,877,000 | $132,250 | $1,000,000 | $70,250 | $1,980,000 |
Home Purchase (one-to-four family) | 2,986 | $321,725,000 | $107,000 | $544,000 | $49,400 | $1,800,000 |
Home Improvement (one-to-four family) | 11 | $709,000 | $64,000 | $242,000 | $61,000 | $165,000 |
Multifamily dwelling (home purchase, home improvement, and refinancings) | 4 | $589,000 | $147,000 | $185,000 | $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 | 4,656 | $553,238,000 | $131,125 | $813,000 | $78,625 | $1,980,000 |
Information not provided by applicant in mail or telephone application | 2,050 | $244,702,000 | $137,666 | $1,000,000 | $56,555 | $1,800,000 |
Black | 1,579 | $158,806,000 | $113,500 | $544,000 | $44,750 | $298,000 |
Hispanic | 321 | $30,972,000 | $100,500 | $473,000 | $46,500 | $240,000 |
Other | 59 | $7,209,000 | $106,500 | $332,000 | $55,500 | $186,000 |
Asian or Pacific Islander | 55 | $7,371,000 | $134,000 | $323,000 | $74,000 | $360,000 |
American Indian or Alaskan Native | 36 | $3,602,000 | $100,000 | $251,000 | $47,000 | $124,000 |
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) | 4,240 | $441,623,000 | $96,400 | $212,000 | $37,200 | $475,000 |
Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 4,179 | $521,939,000 | $140,545 | $1,000,000 | $79,636 | $1,980,000 |
VA-guaranteed (Veterans Administration) | 337 | $42,338,000 | $109,000 | $292,000 | $51,000 | $129,000 |
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 | 5,480 | $633,863,000 | $121,666 | $1,000,000 | $85,500 | $497,000 |
File Closed For Incompleteness | 2,536 | $292,335,000 | $134,222 | $636,000 | $56,444 | $1,800,000 |
Application Denied By Financial Institution | 733 | $78,822,000 | $97,333 | $813,000 | $42,833 | $1,980,000 |
Loan Purchased By The Institution | 6 | $781,000 | $130,000 | $251,000 | $70,000 | $112,000 |
Application Withdrawn By Applicant | 1 | $99,000 | $99,000 | $99,000 | $41,000 | $41,000 |
Application Approved But Not Accepted | 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 | 0 | $0 | $0 | $0 | $0 | $0 |
Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
Debt-To-Income Ratio | 0 | $0 | $0 | $0 | $0 | $0 |
Employment History | 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 |
Other | 0 | $0 | $0 | $0 | $0 | $0 |
Unverifiable Information | 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.