Towne Mortgage Company
Mortgage Loan Application
Totals and Details
for 2019

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
2170 E. Big Beaver Road, Suite A
Troy, MI 48083
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2009  
Total Number of Mortgage Applications 6,790
Total Mortgage Loan Application Amount $1,228,600,000
Average Mortgage Loan Application Amount $194,250
Highest Mortgage Loan Application Amount $1,035,000
Average Applicant Income $80,750
Highest Applicant Income $841,000

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 Metropolitan Area in 2019

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
NA (OUTSIDE OF MSA/MD) 1,203 $ 172,795,000 $ 162,300 $ 82,782
WARREN-TROY-FARMINGTON HILLS, MI 492 $ 87,260,000 $ 177,000 $ 79,000
MUSKEGON, MI 263 $ 35,065,000 $ 133,000 $ 62,000
COLUMBIA, SC 238 $ 39,600,000 $ 166,000 $ 68,000
ATLANTA-SANDY SPRINGS-ROSWELL, GA 230 $ 45,940,000 $ 199,000 $ 72,000
GRAND RAPIDS-WYOMING, MI 214 $ 34,930,000 $ 163,000 $ 62,000
FLINT, MI 187 $ 28,415,000 $ 151,000 $ 72,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 156 $ 30,230,000 $ 193,000 $ 78,000
CHICAGO-NAPERVILLE, IL 149 $ 32,405,000 $ 217,000 $ 82,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 132 $ 28,940,000 $ 219,000 $ 76,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 131 $ 24,715,000 $ 188,000 $ 76,000
GREEN BAY, WI 126 $ 19,120,000 $ 151,000 $ 66,000
HILTON HEAD ISLAND-BLUFFTON-BEAUFORT, SC 118 $ 29,660,000 $ 251,000 $ 117,000
DETROIT-DEARBORN-LIVONIA, MI 116 $ 17,430,000 $ 150,000 $ 67,000
ORLANDO-KISSIMMEE-SANFORD, FL 112 $ 23,460,000 $ 209,000 $ 80,000
LANSING-EAST LANSING, MI 110 $ 16,420,000 $ 149,000 $ 68,000
GREENVILLE-ANDERSON-MAULDIN, SC 76 $ 13,210,000 $ 173,000 $ 74,000
JACKSONVILLE, FL 74 $ 15,530,000 $ 209,000 $ 85,000
SHEBOYGAN, WI 74 $ 9,660,000 $ 130,000 $ 58,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 73 $ 14,445,000 $ 181,500 $ 83,500
APPLETON, WI 71 $ 10,345,000 $ 145,000 $ 70,000
DULUTH, MN-WI 67 $ 10,935,000 $ 157,500 $ 75,500
CHARLOTTE-CONCORD-GASTONIA, NC-SC 54 $ 10,060,000 $ 172,000 $ 61,500
WARNER ROBINS, GA 54 $ 9,510,000 $ 176,000 $ 76,000
NORTH PORT-SARASOTA-BRADENTON, FL 53 $ 11,175,000 $ 210,000 $ 90,000
TALLAHASSEE, FL 52 $ 7,540,000 $ 145,000 $ 67,000
OSHKOSH-NEENAH, WI 51 $ 7,565,000 $ 148,000 $ 71,000
SAVANNAH, GA 48 $ 8,930,000 $ 186,000 $ 83,000
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 48 $ 14,750,000 $ 344,250 $ 96,666
GREENSBORO-HIGH POINT, NC 47 $ 8,565,000 $ 182,000 $ 68,000
KINGSPORT-BRISTOL-BRISTOL, TN-VA 46 $ 9,390,000 $ 205,500 $ 86,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 45 $ 9,905,000 $ 220,000 $ 120,000
MONROE, MI 44 $ 7,070,000 $ 160,000 $ 73,000
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 42 $ 7,590,000 $ 191,500 $ 91,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 39 $ 8,525,000 $ 218,000 $ 88,000
SAGINAW, MI 38 $ 4,690,000 $ 123,000 $ 63,000
NEW YORK-NEWARK, NY 37 $ 8,995,000 $ 243,000 $ 64,000
PHOENIX-MESA-SCOTTSDALE, AZ 37 $ 9,065,000 $ 245,000 $ 135,000
VALDOSTA, GA 37 $ 6,125,000 $ 165,000 $ 69,000
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 34 $ 13,050,000 $ 383,000 $ 0
FOND DU LAC, WI 34 $ 4,880,000 $ 143,000 $ 76,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 33 $ 13,255,000 $ 401,000 $ 86,000
CAMDEN, NJ 32 $ 6,960,000 $ 217,000 $ 100,000
SPARTANBURG, SC 32 $ 5,270,000 $ 164,000 $ 58,000
WINSTON-SALEM, NC 30 $ 5,220,000 $ 174,000 $ 78,000
PROVIDENCE-WARWICK, RI-MA 29 $ 6,705,000 $ 226,000 $ 49,000
CLEVELAND-ELYRIA, OH 27 $ 3,865,000 $ 143,000 $ 68,000
DALLAS-PLANO-IRVING, TX 27 $ 4,855,000 $ 179,000 $ 85,000
LAKELAND-WINTER HAVEN, FL 27 $ 5,625,000 $ 208,000 $ 78,000
ELGIN, IL 26 $ 5,350,000 $ 205,000 $ 67,000
HICKORY-LENOIR-MORGANTON, NC 26 $ 4,390,000 $ 168,000 $ 77,000
MONTGOMERY COUNTY-BUCKS COUNTY-CHESTER COUNTY, PA 26 $ 6,000,000 $ 230,000 $ 81,000
MEMPHIS, TN-MS-AR 25 $ 4,025,000 $ 140,000 $ 39,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 25 $ 7,065,000 $ 282,000 $ 97,000
HAGERSTOWN-MARTINSBURG, MD-WV 24 $ 5,320,000 $ 204,000 $ 101,500
NEWARK, NJ-PA 23 $ 6,555,000 $ 285,000 $ 106,000
ANN ARBOR, MI 22 $ 4,020,000 $ 182,000 $ 87,000
DAVENPORT-MOLINE-ROCK ISLAND, IA-IL 22 $ 5,850,000 $ 225,000 $ 83,500
FORT WAYNE, IN 22 $ 3,900,000 $ 177,000 $ 37,000
CHARLESTON-NORTH CHARLESTON, SC 21 $ 6,255,000 $ 297,000 $ 169,000
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 21 $ 4,965,000 $ 236,000 $ 117,000
PENSACOLA-FERRY PASS-BRENT, FL 21 $ 2,925,000 $ 139,000 $ 116,000
BIRMINGHAM-HOOVER, AL 20 $ 3,430,000 $ 171,000 $ 69,000
WILMINGTON, NC 19 $ 3,485,000 $ 183,000 $ 72,000
KNOXVILLE, TN 18 $ 2,270,000 $ 126,000 $ 55,000
SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA 18 $ 5,620,000 $ 312,000 $ 109,000
AUGUSTA-RICHMOND COUNTY, GA-SC 17 $ 2,015,000 $ 118,000 $ 73,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 17 $ 3,525,000 $ 168,500 $ 77,000
MIAMI-MIAMI BEACH-KENDALL, FL 17 $ 5,365,000 $ 315,000 $ 133,000
ALBANY, GA 16 $ 2,380,000 $ 148,000 $ 80,000
NEW YORK-JERSEY CITY-WHITE PLAINS, NY-NJ 16 $ 4,840,000 $ 302,000 $ 119,000
RICHMOND, VA 16 $ 3,860,000 $ 241,000 $ 97,000
ROANOKE, VA 16 $ 3,480,000 $ 217,000 $ 101,000
BAY CITY, MI 15 $ 2,045,000 $ 136,000 $ 64,000
CLEVELAND, TN 15 $ 2,675,000 $ 178,000 $ 60,000
FORT WORTH-ARLINGTON, TX 15 $ 3,025,000 $ 201,000 $ 104,000
MADISON, WI 15 $ 2,335,000 $ 155,000 $ 62,000
MIDLAND, MI 15 $ 1,925,000 $ 128,000 $ 60,000
COLUMBUS, OH 14 $ 1,770,000 $ 126,000 $ 68,000
PHILADELPHIA, PA 14 $ 2,190,000 $ 156,000 $ 64,000
PORT ST. LUCIE, FL 14 $ 2,500,000 $ 178,000 $ 95,000
RALEIGH, NC 14 $ 2,950,000 $ 210,000 $ 87,000
FAYETTEVILLE, NC 13 $ 2,255,000 $ 173,000 $ 49,000
MACON-BIBB COUNTY, GA 13 $ 1,715,000 $ 131,000 $ 53,000
RACINE, WI 13 $ 2,535,000 $ 195,000 $ 73,000
SAN DIEGO-CARLSBAD, CA 13 $ 5,025,000 $ 386,000 $ 117,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 12 $ 2,660,000 $ 221,000 $ 65,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 12 $ 1,700,000 $ 141,000 $ 55,000
ROCHESTER, MN 12 $ 2,990,000 $ 249,000 $ 114,000
FLORENCE, SC 11 $ 1,465,000 $ 133,000 $ 64,000
GAINESVILLE, FL 11 $ 1,375,000 $ 125,000 $ 60,000
HUNTSVILLE, AL 11 $ 1,705,000 $ 155,000 $ 62,000
MONTGOMERY, AL 11 $ 1,445,000 $ 131,000 $ 49,000
TACOMA-LAKEWOOD, WA 11 $ 2,465,000 $ 224,000 $ 87,000
JACKSON, MI 10 $ 1,590,000 $ 159,000 $ 66,000
MOBILE, AL 10 $ 1,090,000 $ 109,000 $ 57,000
SOUTH BEND-MISHAWAKA, IN-MI 10 $ 1,390,000 $ 136,500 $ 61,500
WORCESTER, MA-CT 10 $ 2,830,000 $ 233,000 $ 0
ANAHEIM-SANTA ANA-IRVINE, CA 9 $ 3,915,000 $ 435,000 $ 96,000
BURLINGTON, NC 9 $ 1,615,000 $ 179,000 $ 89,000
CAPE CORAL-FORT MYERS, FL 9 $ 1,645,000 $ 182,000 $ 97,000
NEW ORLEANS-METAIRIE, LA 9 $ 2,355,000 $ 261,000 $ 118,000
AKRON, OH 8 $ 1,200,000 $ 150,000 $ 54,000
ASHEVILLE, NC 8 $ 1,860,000 $ 232,000 $ 79,000
BALTIMORE-COLUMBIA-TOWSON, MD 8 $ 2,420,000 $ 302,000 $ 96,000
DAYTON-SPRINGFIELD-KETTERING, OH 8 $ 1,290,000 $ 161,000 $ 55,000
KALAMAZOO-PORTAGE, MI 8 $ 1,080,000 $ 135,000 $ 59,000
OAKLAND-HAYWARD-BERKELEY, CA 8 $ 3,200,000 $ 400,000 $ 131,000
ROCKFORD, IL 8 $ 1,010,000 $ 126,000 $ 45,000
SALISBURY, MD-DE 8 $ 1,680,000 $ 209,500 $ 171,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 8 $ 1,840,000 $ 180,500 $ 190,500
BOSTON, MA 7 $ 2,655,000 $ 379,000 $ 0
CHATTANOOGA, TN-GA 7 $ 1,075,000 $ 149,000 $ 63,500
CINCINNATI, OH-KY-IN 7 $ 915,000 $ 124,500 $ 50,500
DAPHNE-FAIRHOPE-FOLEY, AL 7 $ 1,225,000 $ 175,000 $ 73,000
DENVER-AURORA-LAKEWOOD, CO 7 $ 2,215,000 $ 316,000 $ 102,000
DURHAM-CHAPEL HILL, NC 7 $ 1,655,000 $ 236,000 $ 114,000
EAU CLAIRE, WI 7 $ 1,015,000 $ 145,000 $ 75,000
GARY, IN 7 $ 1,885,000 $ 269,000 $ 105,000
INDIANAPOLIS-CARMEL-ANDERSON, IN 7 $ 1,115,000 $ 159,000 $ 56,000
PITTSBURGH, PA 7 $ 1,305,000 $ 186,000 $ 0
ST. CLOUD, MN 7 $ 1,265,000 $ 180,000 $ 85,000
WASHINGTON-BALTIMORE-ARLINGTON, DC 7 $ 2,005,000 $ 286,000 $ 92,000
WINCHESTER, VA-WV 7 $ 1,255,000 $ 179,000 $ 82,000
BATTLE CREEK, MI 6 $ 750,000 $ 125,000 $ 58,000
COLORADO SPRINGS, CO 6 $ 1,390,000 $ 231,000 $ 47,000
HOMOSASSA SPRINGS, FL 6 $ 830,000 $ 138,000 $ 48,000
NAPLES-IMMOKALEE-MARCO ISLAND, FL 6 $ 1,380,000 $ 230,000 $ 77,000
NILES-BENTON HARBOR, MI 6 $ 1,270,000 $ 211,000 $ 102,000
SAN ANTONIO-NEW BRAUNFELS, TX 6 $ 1,200,000 $ 200,000 $ 82,000
TUSCALOOSA, AL 6 $ 1,210,000 $ 201,000 $ 94,000
ATHENS-CLARKE COUNTY, GA 5 $ 655,000 $ 131,000 $ 64,000
CALIFORNIA-LEXINGTON PARK, MD 5 $ 1,795,000 $ 359,000 $ 141,000
JACKSONVILLE, NC 5 $ 565,000 $ 113,000 $ 56,000
NEW HAVEN-MILFORD, CT 5 $ 945,000 $ 189,000 $ 99,000
READING, PA 5 $ 1,085,000 $ 217,000 $ 57,000
SEATTLE-BELLEVUE-EVERETT, WA 5 $ 1,905,000 $ 381,000 $ 122,000
SEBRING, FL 5 $ 745,000 $ 149,000 $ 61,000
BAKERSFIELD, CA 4 $ 620,000 $ 155,000 $ 51,000
BREMERTON-SILVERDALE, WA 4 $ 1,060,000 $ 265,000 $ 49,000
GRAND JUNCTION, CO 4 $ 880,000 $ 220,000 $ 77,000
HINESVILLE, GA 4 $ 660,000 $ 165,000 $ 79,000
JANESVILLE-BELOIT, WI 4 $ 500,000 $ 125,000 $ 71,000
MANCHESTER-NASHUA, NH 4 $ 920,000 $ 230,000 $ 0
OCALA, FL 4 $ 740,000 $ 185,000 $ 72,000
PRESCOTT VALLEY-PRESCOTT, AZ 4 $ 920,000 $ 230,000 $ 0
ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH 4 $ 810,000 $ 202,000 $ 137,000
SALEM, OR 4 $ 1,170,000 $ 292,000 $ 137,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 3 $ 715,000 $ 210,000 $ 123,500
ATLANTIC CITY-HAMMONTON, NJ 3 $ 525,000 $ 175,000 $ 40,000
BRUNSWICK, GA 3 $ 445,000 $ 148,000 $ 79,000
GADSDEN, AL 3 $ 375,000 $ 125,000 $ 55,000
GAINESVILLE, GA 3 $ 675,000 $ 225,000 $ 57,000
JOHNSON CITY, TN 3 $ 1,305,000 $ 435,000 $ 108,000
KANSAS CITY, MO-KS 3 $ 515,000 $ 171,000 $ 54,000
LYNCHBURG, VA 3 $ 375,000 $ 125,000 $ 85,000
OXNARD-THOUSAND OAKS-VENTURA, CA 3 $ 1,055,000 $ 351,000 $ 62,000
PANAMA CITY, FL 3 $ 535,000 $ 178,000 $ 106,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 3 $ 1,935,000 $ 645,000 $ 304,000
SANTA FE, NM 3 $ 775,000 $ 258,000 $ 0
SANTA MARIA-SANTA BARBARA, CA 3 $ 765,000 $ 255,000 $ 39,000
SEBASTIAN-VERO BEACH, FL 3 $ 605,000 $ 201,000 $ 74,000
ST. LOUIS, MO-IL 3 $ 305,000 $ 101,000 $ 0
SUMTER, SC 3 $ 595,000 $ 198,000 $ 140,000
TOLEDO, OH 3 $ 605,000 $ 201,000 $ 100,000
TRENTON, NJ 3 $ 325,000 $ 108,000 $ 105,000
TULSA, OK 3 $ 425,000 $ 141,000 $ 0
VINELAND-BRIDGETON, NJ 3 $ 425,000 $ 141,000 $ 0
WAUSAU, WI 3 $ 325,000 $ 108,000 $ 66,000
WILMINGTON, DE-MD-NJ 3 $ 845,000 $ 310,000 $ 0
YOUNGSTOWN-WARREN-BOARDMAN, OH-PA 3 $ 235,000 $ 78,000 $ 0
ANNISTON-OXFORD-JACKSONVILLE, AL 2 $ 270,000 $ 135,000 $ 46,000
AUSTIN-ROUND ROCK, TX 2 $ 370,000 $ 185,000 $ 63,000
BLACKSBURG-CHRISTIANSBURG-RADFORD, VA 2 $ 240,000 $ 120,000 $ 34,000
CANTON-MASSILLON, OH 2 $ 280,000 $ 140,000 $ 33,000
DOTHAN, AL 2 $ 200,000 $ 100,000 $ 109,000
DOVER, DE 2 $ 400,000 $ 200,000 $ 83,000
EAST STROUDSBURG, PA 2 $ 380,000 $ 190,000 $ 77,000
ERIE, PA 2 $ 210,000 $ 105,000 $ 0
FLORENCE-MUSCLE SHOALS, AL 2 $ 200,000 $ 100,000 $ 66,000
GULFPORT-BILOXI-PASCAGOULA, MS 2 $ 310,000 $ 155,000 $ 35,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 2 $ 390,000 $ 195,000 $ 90,000
JACKSON, MS 2 $ 670,000 $ 335,000 $ 165,000
LANCASTER, PA 2 $ 280,000 $ 140,000 $ 135,000
LONGVIEW, TX 2 $ 290,000 $ 145,000 $ 114,000
MADERA, CA 2 $ 440,000 $ 220,000 $ 84,000
MANKATO-NORTH MANKATO, MN 2 $ 320,000 $ 160,000 $ 61,000
MCALLEN-EDINBURG-MISSION, TX 2 $ 190,000 $ 95,000 $ 29,000
MODESTO, CA 2 $ 480,000 $ 240,000 $ 40,000
MORRISTOWN, TN 2 $ 280,000 $ 140,000 $ 38,000
SALINAS, CA 2 $ 410,000 $ 205,000 $ 92,000
SAN RAFAEL, CA 2 $ 1,400,000 $ 700,000 $ 180,000
SANTA ROSA, CA 2 $ 740,000 $ 370,000 $ 120,000
STAUNTON-WAYNESBORO, VA 2 $ 300,000 $ 150,000 $ 86,000
VALLEJO-FAIRFIELD, CA 2 $ 730,000 $ 365,000 $ 0
WEIRTON-STEUBENVILLE, WV-OH 2 $ 190,000 $ 95,000 $ 87,000
YUMA, AZ 2 $ 450,000 $ 225,000 $ 96,000
ALBUQUERQUE, NM 1 $ 335,000 $ 335,000 $ 0
AUBURN-OPELIKA, AL 1 $ 165,000 $ 165,000 $ 0
BRIDGEPORT-STAMFORD-NORWALK, CT 1 $ 355,000 $ 355,000 $ 0
CARBONDALE-MARION, IL 1 $ 55,000 $ 55,000 $ 31,000
CARSON CITY, NV 1 $ 265,000 $ 265,000 $ 0
CEDAR RAPIDS, IA 1 $ 155,000 $ 155,000 $ 0
CHAMPAIGN-URBANA, IL 1 $ 205,000 $ 205,000 $ 73,000
CHARLOTTESVILLE, VA 1 $ 165,000 $ 165,000 $ 55,000
CLARKSVILLE, TN-KY 1 $ 175,000 $ 175,000 $ 0
COLUMBUS, GA-AL 1 $ 165,000 $ 165,000 $ 61,000
CORPUS CHRISTI, TX 1 $ 95,000 $ 95,000 $ 0
DECATUR, AL 1 $ 145,000 $ 145,000 $ 0
EL PASO, TX 1 $ 315,000 $ 315,000 $ 143,000
FORT COLLINS, CO 1 $ 575,000 $ 575,000 $ 140,000
FRESNO, CA 1 $ 145,000 $ 145,000 $ 42,000
GRAND FORKS, ND-MN 1 $ 235,000 $ 235,000 $ 0
GREELEY, CO 1 $ 465,000 $ 465,000 $ 142,000
HARRISBURG-CARLISLE, PA 1 $ 105,000 $ 105,000 $ 0
HARRISONBURG, VA 1 $ 205,000 $ 205,000 $ 0
LAKE HAVASU CITY-KINGMAN, AZ 1 $ 85,000 $ 85,000 $ 33,000
LAS CRUCES, NM 1 $ 255,000 $ 255,000 $ 0
LEXINGTON-FAYETTE, KY 1 $ 105,000 $ 105,000 $ 46,000
LONGVIEW, WA 1 $ 105,000 $ 105,000 $ 36,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 1 $ 115,000 $ 115,000 $ 0
LUBBOCK, TX 1 $ 175,000 $ 175,000 $ 0
MANSFIELD, OH 1 $ 125,000 $ 125,000 $ 33,000
MERCED, CA 1 $ 285,000 $ 285,000 $ 105,000
MIDLAND, TX 1 $ 285,000 $ 285,000 $ 0
OKLAHOMA CITY, OK 1 $ 95,000 $ 95,000 $ 28,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 1 $ 535,000 $ 535,000 $ 162,000
PUNTA GORDA, FL 1 $ 105,000 $ 105,000 $ 41,000
RAPID CITY, SD 1 $ 235,000 $ 235,000 $ 0
ROME, GA 1 $ 115,000 $ 115,000 $ 62,000
SAN ANGELO, TX 1 $ 145,000 $ 145,000 $ 51,000
SAN FRANCISCO-REDWOOD CITY-SOUTH SAN FRANCISCO, CA 1 $ 725,000 $ 725,000 $ 0
SIOUX FALLS, SD 1 $ 175,000 $ 175,000 $ 105,000
STOCKTON-LODI, CA 1 $ 365,000 $ 365,000 $ 0
THE VILLAGES, FL 1 $ 125,000 $ 125,000 $ 0
TUCSON, AZ 1 $ 185,000 $ 185,000 $ 0
VISALIA-PORTERVILLE, CA 1 $ 185,000 $ 185,000 $ 77,000
WICHITA, KS 1 $ 135,000 $ 135,000 $ 0
YAKIMA, WA 1 $ 95,000 $ 95,000 $ 0
YORK-HANOVER, PA 1 $ 175,000 $ 175,000 $ 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 2019

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 3,788 $655,360,000 $173,000 $805,000 $71,000 $841,000
Refinancing 1,424 $287,730,000 $202,000 $1,035,000 $79,000 $468,000
Cash-out Refinancing 1,359 $234,955,000 $172,000 $1,005,000 $77,000 $454,000
Not Applicable 219 $50,555,000 $230,000 $565,000 $96,000 $439,000
Other Purpose 0 $0 $0 $0 $0 $0
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 5,135 $910,075,000 $177,000 $865,000 $75,000 $841,000
Black or African American 593 $108,095,000 $182,000 $1,005,000 $67,000 $343,000
Hispanic 468 $88,460,000 $189,000 $495,000 $64,000 $300,000
Not Provided 399 $76,925,000 $192,000 $1,035,000 $82,000 $506,000
Asian 165 $39,695,000 $240,000 $725,000 $82,000 $585,000
American Indian or Alaskan Native 23 $3,305,000 $143,000 $365,000 $68,000 $219,000
Native Hawaiian or Other Pacific Islander 5 $1,305,000 $261,000 $525,000 $96,000 $133,000
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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 3,559 $676,865,000 $190,000 $1,035,000 $85,000 $841,000
FHA-insured (Federal Housing Administration) 2,407 $395,075,000 $164,000 $605,000 $62,000 $242,000
VA-guaranteed (Veterans Administration) 527 $116,195,000 $220,000 $865,000 $73,000 $310,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 297 $40,465,000 $136,000 $305,000 $47,000 $103,000

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 4,093 $707,065,000 $172,000 $865,000 $75,000 $841,000
Application Withdrawn By Applicant 1,035 $180,015,000 $173,000 $1,005,000 $74,000 $454,000
Loan Purchased By The Institution 981 $229,335,000 $233,000 $725,000 $96,000 $439,000
Application Denied By Financial Institution 381 $62,845,000 $164,000 $1,035,000 $59,000 $304,000
Application Approved But Not Accepted 165 $27,065,000 $164,000 $445,000 $72,000 $310,000
File Closed For Incompleteness 135 $22,275,000 $165,000 $605,000 $70,000 $287,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 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
Not applicable 6,409 $1,165,755,000 $181,000 $1,005,000 $75,000 $841,000
Debt-To-Income Ratio 143 $25,815,000 $180,000 $1,035,000 $54,000 $304,000
Credit History 100 $14,570,000 $145,000 $445,000 $61,000 $178,000
Collateral 57 $9,365,000 $164,000 $425,000 $67,000 $156,000
Other 34 $5,210,000 $153,000 $315,000 $57,000 $110,000
Employment History 21 $2,965,000 $141,000 $285,000 $48,000 $125,000
Unverifiable Information 19 $3,045,000 $160,000 $285,000 $58,000 $151,000
Insufficient Cash (Downpayment, Closing Cost) 6 $1,740,000 $290,000 $655,000 $92,000 $135,000
Credit Application Incomplete 1 $135,000 $135,000 $135,000 $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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