Towne Mortgage Company
Mortgage Loan Application
Totals and Details
for 2006
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 | 2,354 |
| Total Mortgage Loan Application Amount | $311,333,000 |
| Average Mortgage Loan Application Amount | $133,500 |
| Highest Mortgage Loan Application Amount | $1,800,000 |
| Average Applicant Income | $71,500 |
| Highest Applicant Income | $9,999,000 |
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 |
|---|---|---|---|---|
| Macomb County Michigan | 418 | $ 47,850,000 | $ 114,000 | $ 58,000 |
| Oakland County Michigan | 356 | $ 54,837,000 | $ 154,000 | $ 78,000 |
| Wayne County Michigan | 336 | $ 36,378,000 | $ 108,000 | $ 77,000 |
| Olmsted County Minnesota | 162 | $ 25,784,000 | $ 159,000 | $ 75,000 |
| Genesee County Michigan | 121 | $ 12,845,000 | $ 106,000 | $ 60,000 |
| Ingham County Michigan | 80 | $ 7,902,000 | $ 98,000 | $ 48,000 |
| Monroe County Michigan | 74 | $ 9,358,000 | $ 126,000 | $ 63,000 |
| Hennepin County Minnesota | 57 | $ 9,928,000 | $ 174,000 | $ 60,000 |
| Muskegon County Michigan | 53 | $ 4,916,000 | $ 92,000 | $ 42,000 |
| Washtenaw County Michigan | 33 | $ 5,502,000 | $ 166,000 | $ 86,000 |
| St. Clair County Michigan | 32 | $ 3,993,000 | $ 124,000 | $ 68,000 |
| Eaton County Michigan | 28 | $ 3,211,000 | $ 114,000 | $ 47,000 |
| Anoka County Minnesota | 24 | $ 4,153,000 | $ 173,000 | $ 57,000 |
| Maricopa County Arizona | 21 | $ 5,864,000 | $ 279,000 | $ 101,000 |
| Jackson County Michigan | 21 | $ 2,437,000 | $ 116,000 | $ 47,000 |
| Franklin County Ohio | 21 | $ 2,642,000 | $ 125,000 | $ 53,000 |
| Clinton County Michigan | 18 | $ 2,329,000 | $ 129,000 | $ 66,000 |
| Lapeer County Michigan | 17 | $ 2,733,000 | $ 160,000 | $ 56,000 |
| Hamilton County Ohio | 17 | $ 2,208,000 | $ 129,000 | $ 60,000 |
| Kent County Michigan | 15 | $ 1,690,000 | $ 112,000 | $ 46,000 |
| Dodge County Minnesota | 13 | $ 1,935,000 | $ 148,000 | $ 81,000 |
| Shiawassee County Michigan | 11 | $ 1,100,000 | $ 100,000 | $ 62,000 |
| Ottawa County Michigan | 10 | $ 1,430,000 | $ 143,000 | $ 46,000 |
| Winona County Minnesota | 10 | $ 1,176,000 | $ 117,000 | $ 67,000 |
| Sherburne County Minnesota | 9 | $ 2,085,000 | $ 231,000 | $ 83,000 |
| DeKalb County Georgia | 8 | $ 809,000 | $ 101,000 | $ 43,000 |
| Saginaw County Michigan | 8 | $ 649,000 | $ 81,000 | $ 53,000 |
| Wright County Minnesota | 8 | $ 963,000 | $ 120,000 | $ 87,000 |
| Grand Traverse County Michigan | 7 | $ 1,057,000 | $ 151,000 | $ 64,000 |
| Kalamazoo County Michigan | 7 | $ 839,000 | $ 119,000 | $ 56,000 |
| Livingston County Michigan | 7 | $ 1,045,000 | $ 149,000 | $ 69,000 |
| Oceana County Michigan | 7 | $ 651,000 | $ 93,000 | $ 55,000 |
| Sanilac County Michigan | 7 | $ 754,000 | $ 107,000 | $ 68,000 |
| Fillmore County Minnesota | 7 | $ 925,000 | $ 132,000 | $ 65,000 |
| Butler County Ohio | 7 | $ 873,000 | $ 124,000 | $ 31,000 |
| Bay County Michigan | 6 | $ 529,000 | $ 88,000 | $ 71,000 |
| Pine County Minnesota | 6 | $ 1,153,000 | $ 192,000 | $ 33,000 |
| Ramsey County Minnesota | 6 | $ 1,008,000 | $ 168,000 | $ 92,000 |
| Wabasha County Minnesota | 6 | $ 991,000 | $ 165,000 | $ 76,000 |
| Effingham County Georgia | 5 | $ 476,000 | $ 95,000 | $ 43,000 |
| Allegan County Michigan | 5 | $ 572,000 | $ 114,000 | $ 34,000 |
| Ionia County Michigan | 5 | $ 485,000 | $ 97,000 | $ 52,000 |
| Roscommon County Michigan | 5 | $ 979,000 | $ 195,000 | $ 124,000 |
| Goodhue County Minnesota | 5 | $ 771,000 | $ 154,000 | $ 63,000 |
| Lucas County Ohio | 5 | $ 365,000 | $ 73,000 | $ 57,000 |
| Montgomery County Ohio | 5 | $ 245,000 | $ 49,000 | $ 56,000 |
| Coweta County Georgia | 4 | $ 766,000 | $ 191,000 | $ 158,000 |
| Fulton County Georgia | 4 | $ 703,000 | $ 175,000 | $ 75,000 |
| Henry County Georgia | 4 | $ 625,000 | $ 156,000 | $ 56,000 |
| Tippecanoe County Indiana | 4 | $ 431,000 | $ 107,000 | $ 55,000 |
| Alcona County Michigan | 4 | $ 528,000 | $ 132,000 | $ 67,000 |
| Berrien County Michigan | 4 | $ 438,000 | $ 109,000 | $ 86,000 |
| Mecosta County Michigan | 4 | $ 399,000 | $ 99,000 | $ 61,000 |
| Montcalm County Michigan | 4 | $ 415,000 | $ 103,000 | $ 38,000 |
| Newaygo County Michigan | 4 | $ 238,000 | $ 59,000 | $ 32,000 |
| Carver County Minnesota | 4 | $ 849,000 | $ 212,000 | $ 98,000 |
| Isanti County Minnesota | 4 | $ 560,000 | $ 140,000 | $ 58,000 |
| Cass County Missouri | 4 | $ 475,000 | $ 118,000 | $ 64,000 |
| St. Johns County Florida | 3 | $ 1,169,000 | $ 389,000 | $ 151,000 |
| Bartow County Georgia | 3 | $ 350,000 | $ 116,000 | $ 86,000 |
| Gwinnett County Georgia | 3 | $ 558,000 | $ 186,000 | $ 48,000 |
| Rockdale County Georgia | 3 | $ 254,000 | $ 84,000 | $ 0 |
| Walton County Georgia | 3 | $ 285,000 | $ 95,000 | $ 77,000 |
| Charlevoix County Michigan | 3 | $ 510,000 | $ 170,000 | $ 122,000 |
| Cheboygan County Michigan | 3 | $ 392,000 | $ 130,000 | $ 69,000 |
| Gladwin County Michigan | 3 | $ 397,000 | $ 132,000 | $ 108,000 |
| Gratiot County Michigan | 3 | $ 241,000 | $ 80,000 | $ 35,000 |
| Hillsdale County Michigan | 3 | $ 341,000 | $ 113,000 | $ 53,000 |
| Huron County Michigan | 3 | $ 200,000 | $ 66,000 | $ 42,000 |
| Lake County Michigan | 3 | $ 199,000 | $ 66,000 | $ 34,000 |
| Lenawee County Michigan | 3 | $ 311,000 | $ 103,000 | $ 41,000 |
| Osceola County Michigan | 3 | $ 207,000 | $ 69,000 | $ 51,000 |
| Tuscola County Michigan | 3 | $ 323,000 | $ 107,000 | $ 68,000 |
| Chisago County Minnesota | 3 | $ 602,000 | $ 200,000 | $ 53,000 |
| Mower County Minnesota | 3 | $ 363,000 | $ 121,000 | $ 64,000 |
| Jackson County Missouri | 3 | $ 314,000 | $ 104,000 | $ 68,000 |
| Clermont County Ohio | 3 | $ 332,000 | $ 110,000 | $ 76,000 |
| Davidson County Tennessee | 3 | $ 353,000 | $ 117,000 | $ 82,000 |
| Bayfield County Wisconsin | 3 | $ 571,000 | $ 190,000 | $ 101,000 |
| Bibb County Georgia | 2 | $ 445,000 | $ 222,000 | $ 146,000 |
| Carroll County Georgia | 2 | $ 99,000 | $ 49,000 | $ 59,000 |
| Clayton County Georgia | 2 | $ 131,000 | $ 65,000 | $ 120,000 |
| Fayette County Georgia | 2 | $ 360,000 | $ 180,000 | $ 78,000 |
| Franklin County Georgia | 2 | $ 183,000 | $ 91,000 | $ 38,000 |
| Lowndes County Georgia | 2 | $ 100,000 | $ 50,000 | $ 38,000 |
| Newton County Georgia | 2 | $ 179,000 | $ 89,000 | $ 60,000 |
| Richmond County Georgia | 2 | $ 170,000 | $ 85,000 | $ 43,000 |
| Towns County Georgia | 2 | $ 1,105,000 | $ 552,000 | $ 0 |
| Hawaii County Hawaii | 2 | $ 700,000 | $ 350,000 | $ 461,000 |
| Clinton County Indiana | 2 | $ 239,000 | $ 119,000 | $ 31,000 |
| Marion County Indiana | 2 | $ 134,000 | $ 67,000 | $ 55,000 |
| Douglas County Kansas | 2 | $ 546,000 | $ 273,000 | $ 96,000 |
| Leavenworth County Kansas | 2 | $ 266,000 | $ 133,000 | $ 48,000 |
| Jefferson County Kentucky | 2 | $ 395,000 | $ 197,000 | $ 106,000 |
| Nelson County Kentucky | 2 | $ 84,000 | $ 42,000 | $ 23,000 |
| Antrim County Michigan | 2 | $ 741,000 | $ 370,000 | $ 77,000 |
| Benzie County Michigan | 2 | $ 145,000 | $ 72,000 | $ 23,000 |
| Calhoun County Michigan | 2 | $ 216,000 | $ 108,000 | $ 142,000 |
| Clare County Michigan | 2 | $ 163,000 | $ 81,000 | $ 68,000 |
| Kalkaska County Michigan | 2 | $ 190,000 | $ 95,000 | $ 73,000 |
| Mackinac County Michigan | 2 | $ 244,000 | $ 122,000 | $ 56,000 |
| Otsego County Michigan | 2 | $ 222,000 | $ 111,000 | $ 42,000 |
| Carlton County Minnesota | 2 | $ 315,000 | $ 157,000 | $ 52,000 |
| Dakota County Minnesota | 2 | $ 470,000 | $ 235,000 | $ 95,000 |
| Freeborn County Minnesota | 2 | $ 212,000 | $ 106,000 | $ 44,000 |
| Itasca County Minnesota | 2 | $ 394,000 | $ 197,000 | $ 141,000 |
| Martin County Minnesota | 2 | $ 295,000 | $ 147,000 | $ 81,000 |
| Mille Lacs County Minnesota | 2 | $ 322,000 | $ 161,000 | $ 67,000 |
| Scott County Minnesota | 2 | $ 1,480,000 | $ 740,000 | $ 175,000 |
| Clark County Nevada | 2 | $ 440,000 | $ 220,000 | $ 117,000 |
| Wake County North Carolina | 2 | $ 334,000 | $ 167,000 | $ 133,000 |
| Brown County Ohio | 2 | $ 339,000 | $ 169,000 | $ 76,000 |
| Champaign County Ohio | 2 | $ 160,000 | $ 80,000 | $ 38,000 |
| Warren County Ohio | 2 | $ 255,000 | $ 127,000 | $ 97,000 |
| Shelby County Tennessee | 2 | $ 250,000 | $ 125,000 | $ 101,000 |
| Burnett County Wisconsin | 2 | $ 466,000 | $ 233,000 | $ 99,000 |
| Eau Claire County Wisconsin | 2 | $ 468,000 | $ 234,000 | $ 41,000 |
| Pickens County Alabama | 1 | $ 76,000 | $ 76,000 | $ 40,000 |
| Mohave County Arizona | 1 | $ 100,000 | $ 100,000 | $ 70,000 |
| Duval County Florida | 1 | $ 130,000 | $ 130,000 | $ 48,000 |
| Hillsborough County Florida | 1 | $ 270,000 | $ 270,000 | $ 77,000 |
| Nassau County Florida | 1 | $ 52,000 | $ 52,000 | $ 76,000 |
| Orange County Florida | 1 | $ 123,000 | $ 123,000 | $ 53,000 |
| Palm Beach County Florida | 1 | $ 118,000 | $ 118,000 | $ 0 |
| Sarasota County Florida | 1 | $ 417,000 | $ 417,000 | $ 244,000 |
| Burke County Georgia | 1 | $ 109,000 | $ 109,000 | $ 0 |
| Chatham County Georgia | 1 | $ 182,000 | $ 182,000 | $ 0 |
| Cobb County Georgia | 1 | $ 172,000 | $ 172,000 | $ 46,000 |
| Fannin County Georgia | 1 | $ 110,000 | $ 110,000 | $ 0 |
| Floyd County Georgia | 1 | $ 75,000 | $ 75,000 | $ 22,000 |
| Habersham County Georgia | 1 | $ 100,000 | $ 100,000 | $ 38,000 |
| Hall County Georgia | 1 | $ 178,000 | $ 178,000 | $ 41,000 |
| Hancock County Georgia | 1 | $ 236,000 | $ 236,000 | $ 9,999,000 |
| Jackson County Georgia | 1 | $ 235,000 | $ 235,000 | $ 79,000 |
| Lee County Georgia | 1 | $ 142,000 | $ 142,000 | $ 48,000 |
| Liberty County Georgia | 1 | $ 47,000 | $ 47,000 | $ 0 |
| Cass County Indiana | 1 | $ 98,000 | $ 98,000 | $ 62,000 |
| Clark County Indiana | 1 | $ 208,000 | $ 208,000 | $ 72,000 |
| Crawford County Indiana | 1 | $ 60,000 | $ 60,000 | $ 31,000 |
| Dearborn County Indiana | 1 | $ 123,000 | $ 123,000 | $ 42,000 |
| Decatur County Indiana | 1 | $ 72,000 | $ 72,000 | $ 33,000 |
| Hendricks County Indiana | 1 | $ 163,000 | $ 163,000 | $ 69,000 |
| Lawrence County Indiana | 1 | $ 51,000 | $ 51,000 | $ 76,000 |
| St. Joseph County Indiana | 1 | $ 65,000 | $ 65,000 | $ 29,000 |
| Tipton County Indiana | 1 | $ 133,000 | $ 133,000 | $ 78,000 |
| Vermillion County Indiana | 1 | $ 68,000 | $ 68,000 | $ 82,000 |
| Winnebago County Iowa | 1 | $ 112,000 | $ 112,000 | $ 78,000 |
| Jefferson County Kansas | 1 | $ 92,000 | $ 92,000 | $ 0 |
| Johnson County Kansas | 1 | $ 288,000 | $ 288,000 | $ 120,000 |
| Sedgwick County Kansas | 1 | $ 263,000 | $ 263,000 | $ 108,000 |
| Boyd County Kentucky | 1 | $ 290,000 | $ 290,000 | $ 512,000 |
| Bullitt County Kentucky | 1 | $ 142,000 | $ 142,000 | $ 54,000 |
| Jessamine County Kentucky | 1 | $ 1,250,000 | $ 1,250,000 | $ 324,000 |
| Calcasieu County Louisiana | 1 | $ 34,000 | $ 34,000 | $ 68,000 |
| St. Tammany County Louisiana | 1 | $ 180,000 | $ 180,000 | $ 118,000 |
| Arenac County Michigan | 1 | $ 90,000 | $ 90,000 | $ 94,000 |
| Barry County Michigan | 1 | $ 200,000 | $ 200,000 | $ 79,000 |
| Emmet County Michigan | 1 | $ 174,000 | $ 174,000 | $ 0 |
| Mason County Michigan | 1 | $ 91,000 | $ 91,000 | $ 36,000 |
| Midland County Michigan | 1 | $ 112,000 | $ 112,000 | $ 27,000 |
| Blue Earth County Minnesota | 1 | $ 200,000 | $ 200,000 | $ 97,000 |
| Cook County Minnesota | 1 | $ 220,000 | $ 220,000 | $ 179,000 |
| Crow Wing County Minnesota | 1 | $ 160,000 | $ 160,000 | $ 88,000 |
| Kanabec County Minnesota | 1 | $ 133,000 | $ 133,000 | $ 36,000 |
| Otter Tail County Minnesota | 1 | $ 255,000 | $ 255,000 | $ 140,000 |
| Rice County Minnesota | 1 | $ 260,000 | $ 260,000 | $ 195,000 |
| St. Louis County Minnesota | 1 | $ 124,000 | $ 124,000 | $ 77,000 |
| Stearns County Minnesota | 1 | $ 374,000 | $ 374,000 | $ 119,000 |
| Camden County Missouri | 1 | $ 176,000 | $ 176,000 | $ 66,000 |
| Clay County Missouri | 1 | $ 55,000 | $ 55,000 | $ 91,000 |
| Hickory County Missouri | 1 | $ 130,000 | $ 130,000 | $ 85,000 |
| Sandoval County New Mexico | 1 | $ 120,000 | $ 120,000 | $ 32,000 |
| Jefferson County New York | 1 | $ 230,000 | $ 230,000 | $ 61,000 |
| Mecklenburg County North Carolina | 1 | $ 508,000 | $ 508,000 | $ 0 |
| Coshocton County Ohio | 1 | $ 79,000 | $ 79,000 | $ 41,000 |
| Cuyahoga County Ohio | 1 | $ 132,000 | $ 132,000 | $ 50,000 |
| Delaware County Ohio | 1 | $ 64,000 | $ 64,000 | $ 143,000 |
| Fairfield County Ohio | 1 | $ 116,000 | $ 116,000 | $ 69,000 |
| Greene County Ohio | 1 | $ 137,000 | $ 137,000 | $ 79,000 |
| Hocking County Ohio | 1 | $ 94,000 | $ 94,000 | $ 0 |
| Madison County Ohio | 1 | $ 128,000 | $ 128,000 | $ 40,000 |
| Mahoning County Ohio | 1 | $ 62,000 | $ 62,000 | $ 0 |
| Miami County Ohio | 1 | $ 70,000 | $ 70,000 | $ 31,000 |
| Pickaway County Ohio | 1 | $ 68,000 | $ 68,000 | $ 26,000 |
| Summit County Ohio | 1 | $ 94,000 | $ 94,000 | $ 37,000 |
| Washington County Ohio | 1 | $ 126,000 | $ 126,000 | $ 62,000 |
| Charleston County South Carolina | 1 | $ 117,000 | $ 117,000 | $ 45,000 |
| Polk County Tennessee | 1 | $ 68,000 | $ 68,000 | $ 0 |
| Williamson County Tennessee | 1 | $ 348,000 | $ 348,000 | $ 80,000 |
| Dallas County Texas | 1 | $ 360,000 | $ 360,000 | $ 166,000 |
| Denton County Texas | 1 | $ 84,000 | $ 84,000 | $ 50,000 |
| Dunn County Wisconsin | 1 | $ 210,000 | $ 210,000 | $ 94,000 |
| Monroe County Wisconsin | 1 | $ 181,000 | $ 181,000 | $ 115,000 |
| Polk County Wisconsin | 1 | $ 135,000 | $ 135,000 | $ 58,000 |
| Sawyer County Wisconsin | 1 | $ 103,000 | $ 103,000 | $ 102,000 |
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 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 | 1,410 | $174,488,000 | $123,000 | $1,250,000 | $72,000 | $9,999,000 |
| Refinancing | 944 | $136,845,000 | $144,000 | $1,800,000 | $71,000 | $1,218,000 |
| Home Improvement | 0 | $0 | $0 | $0 | $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 | 1,678 | $230,200,000 | $137,000 | $1,800,000 | $74,000 | $9,999,000 |
| Black or African American | 373 | $41,634,000 | $111,000 | $588,000 | $70,000 | $4,402,000 |
| Not applicable | 159 | $19,891,000 | $125,000 | $650,000 | $51,000 | $512,000 |
| Not Provided | 64 | $8,423,000 | $131,000 | $400,000 | $73,000 | $200,000 |
| Hispanic | 38 | $4,821,000 | $126,000 | $538,000 | $62,000 | $243,000 |
| Asian | 37 | $5,672,000 | $153,000 | $390,000 | $69,000 | $138,000 |
| American Indian or Alaskan Native | 4 | $518,000 | $129,000 | $308,000 | $71,000 | $136,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $174,000 | $174,000 | $174,000 | $70,000 | $70,000 |
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 |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 1,579 | $215,977,000 | $136,000 | $1,800,000 | $82,000 | $9,999,000 |
| FHA-insured (Federal Housing Administration) | 714 | $86,654,000 | $121,000 | $266,000 | $49,000 | $183,000 |
| VA-guaranteed (Veterans Administration) | 61 | $8,702,000 | $142,000 | $310,000 | $54,000 | $123,000 |
| 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 | 1,458 | $203,406,000 | $139,000 | $976,000 | $68,000 | $1,218,000 |
| File Closed For Incompleteness | 456 | $54,469,000 | $119,000 | $1,250,000 | $72,000 | $4,402,000 |
| Application Denied By Financial Institution | 327 | $38,703,000 | $118,000 | $1,800,000 | $53,000 | $234,000 |
| Loan Purchased By The Institution | 113 | $14,755,000 | $130,000 | $417,000 | $165,000 | $9,999,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 116 | $12,194,000 | $105,000 | $229,000 | $50,000 | $234,000 |
| Other | 100 | $12,788,000 | $127,000 | $1,800,000 | $54,000 | $204,000 |
| Debt-To-Income Ratio | 73 | $9,276,000 | $127,000 | $588,000 | $54,000 | $228,000 |
| Employment History | 22 | $2,308,000 | $104,000 | $208,000 | $54,000 | $228,000 |
| Collateral | 16 | $2,137,000 | $133,000 | $462,000 | $64,000 | $133,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 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 |
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.