Towne Mortgage Company
Mortgage Loan Application
Totals and Details
for 2004
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 | 3,275 |
| Total Mortgage Loan Application Amount | $386,016,000 |
| Average Mortgage Loan Application Amount | $133,500 |
| Highest Mortgage Loan Application Amount | $1,425,000 |
| Average Applicant Income | $61,583 |
| Highest Applicant Income | $519,000 |
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 | 820 | $ 86,604,000 | $ 105,000 | $ 56,000 |
| Macomb County Michigan | 500 | $ 61,880,000 | $ 123,000 | $ 56,000 |
| Oakland County Michigan | 466 | $ 66,980,000 | $ 143,000 | $ 69,000 |
| Washtenaw County Michigan | 194 | $ 32,803,000 | $ 169,000 | $ 69,000 |
| Genesee County Michigan | 175 | $ 17,578,000 | $ 100,000 | $ 57,000 |
| Kent County Michigan | 144 | $ 15,496,000 | $ 107,000 | $ 41,000 |
| Monroe County Michigan | 120 | $ 16,030,000 | $ 133,000 | $ 59,000 |
| Muskegon County Michigan | 104 | $ 8,351,000 | $ 80,000 | $ 34,000 |
| Ingham County Michigan | 73 | $ 7,794,000 | $ 106,000 | $ 54,000 |
| Ottawa County Michigan | 61 | $ 7,557,000 | $ 123,000 | $ 44,000 |
| Jackson County Michigan | 46 | $ 4,391,000 | $ 95,000 | $ 60,000 |
| St. Clair County Michigan | 44 | $ 5,392,000 | $ 122,000 | $ 49,000 |
| Lapeer County Michigan | 29 | $ 3,673,000 | $ 126,000 | $ 63,000 |
| Livingston County Michigan | 26 | $ 4,227,000 | $ 162,000 | $ 72,000 |
| Shiawassee County Michigan | 25 | $ 3,007,000 | $ 120,000 | $ 47,000 |
| Allegan County Michigan | 23 | $ 2,704,000 | $ 117,000 | $ 40,000 |
| Mecosta County Michigan | 22 | $ 1,876,000 | $ 85,000 | $ 35,000 |
| Kalamazoo County Michigan | 19 | $ 1,493,000 | $ 78,000 | $ 94,000 |
| Ionia County Michigan | 18 | $ 1,972,000 | $ 109,000 | $ 49,000 |
| Clark County Ohio | 17 | $ 1,222,000 | $ 71,000 | $ 32,000 |
| Eaton County Michigan | 15 | $ 1,773,000 | $ 118,000 | $ 63,000 |
| Newaygo County Michigan | 14 | $ 1,527,000 | $ 109,000 | $ 40,000 |
| Clinton County Michigan | 13 | $ 1,959,000 | $ 150,000 | $ 58,000 |
| Wood County Ohio | 13 | $ 1,516,000 | $ 116,000 | $ 53,000 |
| Saginaw County Michigan | 12 | $ 1,237,000 | $ 103,000 | $ 44,000 |
| Lucas County Ohio | 11 | $ 828,000 | $ 75,000 | $ 38,000 |
| Montgomery County Ohio | 11 | $ 968,000 | $ 88,000 | $ 40,000 |
| Marion County Indiana | 10 | $ 855,000 | $ 85,000 | $ 39,000 |
| Lenawee County Michigan | 10 | $ 1,285,000 | $ 128,000 | $ 67,000 |
| Montcalm County Michigan | 10 | $ 1,024,000 | $ 102,000 | $ 38,000 |
| Oceana County Michigan | 10 | $ 827,000 | $ 82,000 | $ 34,000 |
| Barry County Michigan | 9 | $ 994,000 | $ 110,000 | $ 50,000 |
| Berrien County Michigan | 9 | $ 756,000 | $ 84,000 | $ 37,000 |
| Tuscola County Michigan | 9 | $ 1,043,000 | $ 115,000 | $ 47,000 |
| Bay County Michigan | 8 | $ 582,000 | $ 72,000 | $ 52,000 |
| Gratiot County Michigan | 8 | $ 731,000 | $ 91,000 | $ 39,000 |
| Osceola County Michigan | 8 | $ 601,000 | $ 75,000 | $ 44,000 |
| Calhoun County Michigan | 7 | $ 533,000 | $ 76,000 | $ 26,000 |
| Butler County Ohio | 7 | $ 1,242,000 | $ 177,000 | $ 74,000 |
| Gladwin County Michigan | 6 | $ 505,000 | $ 84,000 | $ 56,000 |
| St. Joseph County Michigan | 6 | $ 532,000 | $ 88,000 | $ 32,000 |
| Hamilton County Ohio | 6 | $ 524,000 | $ 87,000 | $ 27,000 |
| Stark County Ohio | 6 | $ 420,000 | $ 70,000 | $ 45,000 |
| Hillsdale County Michigan | 5 | $ 530,000 | $ 106,000 | $ 61,000 |
| Roscommon County Michigan | 5 | $ 560,000 | $ 112,000 | $ 105,000 |
| Sanilac County Michigan | 5 | $ 658,000 | $ 131,000 | $ 88,000 |
| Wexford County Michigan | 5 | $ 396,000 | $ 79,000 | $ 44,000 |
| Clare County Michigan | 4 | $ 330,000 | $ 82,000 | $ 43,000 |
| Mason County Michigan | 4 | $ 370,000 | $ 92,000 | $ 52,000 |
| Van Buren County Michigan | 4 | $ 413,000 | $ 103,000 | $ 35,000 |
| Franklin County Ohio | 4 | $ 206,000 | $ 51,000 | $ 50,000 |
| Trumbull County Ohio | 4 | $ 393,000 | $ 98,000 | $ 40,000 |
| Palm Beach County Florida | 3 | $ 601,000 | $ 200,000 | $ 124,000 |
| Charlevoix County Michigan | 3 | $ 233,000 | $ 77,000 | $ 33,000 |
| Cheboygan County Michigan | 3 | $ 302,000 | $ 100,000 | $ 36,000 |
| Chippewa County Michigan | 3 | $ 195,000 | $ 65,000 | $ 23,000 |
| Emmet County Michigan | 3 | $ 262,000 | $ 87,000 | $ 64,000 |
| Iosco County Michigan | 3 | $ 232,000 | $ 77,000 | $ 48,000 |
| Midland County Michigan | 3 | $ 219,000 | $ 73,000 | $ 32,000 |
| Adams County Ohio | 3 | $ 258,000 | $ 86,000 | $ 40,000 |
| Miami County Ohio | 3 | $ 261,000 | $ 87,000 | $ 38,000 |
| Warren County Ohio | 3 | $ 261,000 | $ 87,000 | $ 35,000 |
| Lake County Indiana | 2 | $ 301,000 | $ 150,000 | $ 66,000 |
| Morgan County Indiana | 2 | $ 258,000 | $ 129,000 | $ 71,000 |
| Porter County Indiana | 2 | $ 189,000 | $ 94,000 | $ 53,000 |
| Alcona County Michigan | 2 | $ 123,000 | $ 61,000 | $ 62,000 |
| Benzie County Michigan | 2 | $ 205,000 | $ 102,000 | $ 42,000 |
| Grand Traverse County Michigan | 2 | $ 280,000 | $ 140,000 | $ 38,000 |
| Luce County Michigan | 2 | $ 113,000 | $ 56,000 | $ 35,000 |
| Mackinac County Michigan | 2 | $ 394,000 | $ 197,000 | $ 49,000 |
| Manistee County Michigan | 2 | $ 221,000 | $ 110,000 | $ 66,000 |
| Oscoda County Michigan | 2 | $ 167,000 | $ 83,000 | $ 28,000 |
| Presque Isle County Michigan | 2 | $ 190,000 | $ 95,000 | $ 31,000 |
| Allen County Ohio | 2 | $ 65,000 | $ 32,000 | $ 107,000 |
| Clermont County Ohio | 2 | $ 234,000 | $ 117,000 | $ 67,000 |
| Cuyahoga County Ohio | 2 | $ 144,000 | $ 72,000 | $ 10,000 |
| Darke County Ohio | 2 | $ 160,000 | $ 80,000 | $ 44,000 |
| Greene County Ohio | 2 | $ 164,000 | $ 82,000 | $ 45,000 |
| Charlotte County Florida | 1 | $ 78,000 | $ 78,000 | $ 66,000 |
| Gibson County Indiana | 1 | $ 111,000 | $ 111,000 | $ 42,000 |
| Hamilton County Indiana | 1 | $ 114,000 | $ 114,000 | $ 46,000 |
| Hancock County Indiana | 1 | $ 134,000 | $ 134,000 | $ 47,000 |
| Hendricks County Indiana | 1 | $ 117,000 | $ 117,000 | $ 63,000 |
| Huntington County Indiana | 1 | $ 88,000 | $ 88,000 | $ 55,000 |
| Montgomery County Indiana | 1 | $ 100,000 | $ 100,000 | $ 38,000 |
| Fayette County Kentucky | 1 | $ 171,000 | $ 171,000 | $ 73,000 |
| Alpena County Michigan | 1 | $ 124,000 | $ 124,000 | $ 40,000 |
| Antrim County Michigan | 1 | $ 47,000 | $ 47,000 | $ 16,000 |
| Branch County Michigan | 1 | $ 94,000 | $ 94,000 | $ 54,000 |
| Crawford County Michigan | 1 | $ 73,000 | $ 73,000 | $ 80,000 |
| Houghton County Michigan | 1 | $ 54,000 | $ 54,000 | $ 50,000 |
| Isabella County Michigan | 1 | $ 100,000 | $ 100,000 | $ 78,000 |
| Kalkaska County Michigan | 1 | $ 61,000 | $ 61,000 | $ 93,000 |
| Lake County Michigan | 1 | $ 29,000 | $ 29,000 | $ 11,000 |
| Leelanau County Michigan | 1 | $ 89,000 | $ 89,000 | $ 50,000 |
| Marquette County Michigan | 1 | $ 58,000 | $ 58,000 | $ 26,000 |
| Missaukee County Michigan | 1 | $ 80,000 | $ 80,000 | $ 51,000 |
| Brown County Ohio | 1 | $ 137,000 | $ 137,000 | $ 0 |
| Columbiana County Ohio | 1 | $ 53,000 | $ 53,000 | $ 18,000 |
| Lawrence County Ohio | 1 | $ 86,000 | $ 86,000 | $ 24,000 |
| Medina County Ohio | 1 | $ 192,000 | $ 192,000 | $ 146,000 |
| Ottawa County Ohio | 1 | $ 145,000 | $ 145,000 | $ 47,000 |
| Richland County Ohio | 1 | $ 77,000 | $ 77,000 | $ 0 |
| Summit County Ohio | 1 | $ 62,000 | $ 62,000 | $ 15,000 |
| Washington County Ohio | 1 | $ 54,000 | $ 54,000 | $ 44,000 |
| Allegheny County Pennsylvania | 1 | $ 28,000 | $ 28,000 | $ 0 |
| Greenville County South Carolina | 1 | $ 280,000 | $ 280,000 | $ 85,000 |
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 Towne Mortgage Company 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 | 1,954 | $230,733,000 | $146,000 | $788,000 | $65,333 | $464,000 |
| Refinancing | 1,312 | $154,820,000 | $135,000 | $1,425,000 | $57,400 | $519,000 |
| Home Improvement | 9 | $463,000 | $51,000 | $152,000 | $60,000 | $157,000 |
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 | 2,094 | $255,287,000 | $146,800 | $788,000 | $66,200 | $464,000 |
| Black or African American | 701 | $72,039,000 | $115,000 | $316,000 | $56,666 | $245,000 |
| Not Provided | 261 | $33,351,000 | $130,800 | $1,425,000 | $56,400 | $519,000 |
| Hispanic | 123 | $13,244,000 | $94,666 | $387,000 | $29,333 | $168,000 |
| Not applicable | 48 | $5,234,000 | $100,333 | $229,000 | $48,666 | $120,000 |
| Asian | 36 | $5,167,000 | $111,000 | $324,000 | $38,000 | $228,000 |
| American Indian or Alaskan Native | 6 | $814,000 | $135,000 | $276,000 | $48,000 | $144,000 |
| Native Hawaiian or Other Pacific Islander | 6 | $880,000 | $96,000 | $380,000 | $67,500 | $208,000 |
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 |
|---|---|---|---|---|---|---|
| FHA-insured (Federal Housing Administration) | 1,833 | $202,758,000 | $98,666 | $233,000 | $42,666 | $245,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 1,330 | $168,112,000 | $138,857 | $1,425,000 | $62,142 | $519,000 |
| VA-guaranteed (Veterans Administration) | 111 | $14,891,000 | $122,000 | $240,000 | $58,666 | $125,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $255,000 | $255,000 | $255,000 | $59,000 | $59,000 |
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 | 1,985 | $238,714,000 | $155,833 | $788,000 | $68,166 | $464,000 |
| File Closed For Incompleteness | 769 | $89,414,000 | $103,000 | $1,425,000 | $50,000 | $519,000 |
| Application Denied By Financial Institution | 520 | $57,720,000 | $82,000 | $432,000 | $34,750 | $208,000 |
| Loan Purchased By The Institution | 1 | $168,000 | $168,000 | $168,000 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Withdrawn By Applicant | 0 | $0 | $0 | $0 | $0 | $0 |
| 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.