Towne Mortgage Company
Mortgage Loan Application
Totals and Details
for 2003

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.

Mortgage Loan Application Totals for Towne Mortgage Company by County in 2003

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.

Mortgage Loan Application Detail Totals for Towne Mortgage Company in 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.

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