Tranex Financial Inc.
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 Tranex Financial Inc..
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 Tranex Financial Inc.
26200 American Drive
Southfield, MI 48034
Tel #: available with data download
Federal Regulator * available with data download
Years 2011  2010  2009  2008  2007  2006  2005  2004  
Total Number of Mortgage Applications 1,286
Total Mortgage Loan Application Amount $214,694,000
Average Mortgage Loan Application Amount $154,166
Highest Mortgage Loan Application Amount $708,000
Average Applicant Income $83,666
Highest Applicant Income $804,000

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 Tranex Financial Inc. by County in 2004

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Oakland County Michigan 197 $ 39,300,000 $ 199,000 $ 99,000
Wayne County Michigan 162 $ 29,694,000 $ 183,000 $ 127,000
Macomb County Michigan 140 $ 22,987,000 $ 164,000 $ 75,000
Midland County Michigan 107 $ 14,212,000 $ 132,000 $ 85,000
Washtenaw County Michigan 106 $ 22,611,000 $ 213,000 $ 107,000
Ingham County Michigan 72 $ 10,318,000 $ 143,000 $ 134,000
Saginaw County Michigan 68 $ 7,891,000 $ 116,000 $ 64,000
Bay County Michigan 32 $ 3,800,000 $ 118,000 $ 113,000
Livingston County Michigan 31 $ 6,721,000 $ 216,000 $ 115,000
Eaton County Michigan 29 $ 4,159,000 $ 143,000 $ 90,000
Genesee County Michigan 29 $ 4,414,000 $ 152,000 $ 80,000
Lake County Ohio 29 $ 4,124,000 $ 142,000 $ 63,000
Clinton County Michigan 26 $ 4,883,000 $ 187,000 $ 113,000
Lenawee County Michigan 23 $ 3,562,000 $ 154,000 $ 95,000
Cuyahoga County Ohio 18 $ 2,503,000 $ 139,000 $ 73,000
St. Clair County Michigan 14 $ 2,020,000 $ 144,000 $ 86,000
Monroe County Michigan 13 $ 2,107,000 $ 162,000 $ 68,000
Chippewa County Michigan 10 $ 1,049,000 $ 104,000 $ 74,000
Tuscola County Michigan 10 $ 1,184,000 $ 118,000 $ 60,000
Grand Traverse County Michigan 9 $ 1,325,000 $ 147,000 $ 90,000
Kent County Michigan 9 $ 1,356,000 $ 150,000 $ 38,000
Shiawassee County Michigan 9 $ 1,313,000 $ 145,000 $ 61,000
Jackson County Michigan 7 $ 1,275,000 $ 182,000 $ 152,000
Lapeer County Michigan 7 $ 1,437,000 $ 205,000 $ 68,000
Washington County Oregon 7 $ 1,340,000 $ 191,000 $ 70,000
Marquette County Michigan 6 $ 925,000 $ 154,000 $ 76,000
Ottawa County Michigan 6 $ 1,051,000 $ 175,000 $ 48,000
Cheboygan County Michigan 5 $ 1,620,000 $ 324,000 $ 81,000
Hillsdale County Michigan 5 $ 486,000 $ 97,000 $ 81,000
Lucas County Ohio 5 $ 776,000 $ 155,000 $ 88,000
Barry County Michigan 4 $ 473,000 $ 118,000 $ 102,000
Clare County Michigan 4 $ 336,000 $ 84,000 $ 94,000
Wood County Ohio 4 $ 582,000 $ 145,000 $ 62,000
Multnomah County Oregon 4 $ 801,000 $ 200,000 $ 75,000
Arenac County Michigan 3 $ 423,000 $ 141,000 $ 72,000
Delta County Michigan 3 $ 208,000 $ 69,000 $ 36,000
Gladwin County Michigan 3 $ 250,000 $ 83,000 $ 12,000
Ionia County Michigan 3 $ 319,000 $ 106,000 $ 60,000
Iosco County Michigan 3 $ 565,000 $ 188,000 $ 100,000
Luce County Michigan 3 $ 357,000 $ 119,000 $ 72,000
Manistee County Michigan 3 $ 457,000 $ 152,000 $ 92,000
Otsego County Michigan 3 $ 354,000 $ 118,000 $ 48,000
Geauga County Ohio 3 $ 610,000 $ 203,000 $ 102,000
Antrim County Michigan 2 $ 418,000 $ 209,000 $ 102,000
Benzie County Michigan 2 $ 528,000 $ 264,000 $ 156,000
Charlevoix County Michigan 2 $ 885,000 $ 442,000 $ 114,000
Emmet County Michigan 2 $ 600,000 $ 300,000 $ 72,000
Gratiot County Michigan 2 $ 109,000 $ 54,000 $ 36,000
Isabella County Michigan 2 $ 259,000 $ 129,000 $ 60,000
Mackinac County Michigan 2 $ 245,000 $ 122,000 $ 90,000
Mason County Michigan 2 $ 403,000 $ 201,000 $ 144,000
Presque Isle County Michigan 2 $ 258,000 $ 129,000 $ 126,000
Schoolcraft County Michigan 2 $ 141,000 $ 70,000 $ 54,000
Delaware County Ohio 2 $ 209,000 $ 104,000 $ 72,000
Fulton County Ohio 2 $ 250,000 $ 125,000 $ 78,000
Hancock County Ohio 2 $ 128,000 $ 64,000 $ 60,000
Clackamas County Oregon 2 $ 541,000 $ 270,000 $ 180,000
Tippecanoe County Indiana 1 $ 109,000 $ 109,000 $ 48,000
Alcona County Michigan 1 $ 131,000 $ 131,000 $ 108,000
Allegan County Michigan 1 $ 139,000 $ 139,000 $ 96,000
Alpena County Michigan 1 $ 103,000 $ 103,000 $ 36,000
Berrien County Michigan 1 $ 14,000 $ 14,000 $ 48,000
Branch County Michigan 1 $ 125,000 $ 125,000 $ 60,000
Calhoun County Michigan 1 $ 167,000 $ 167,000 $ 48,000
Dickinson County Michigan 1 $ 139,000 $ 139,000 $ 96,000
Huron County Michigan 1 $ 141,000 $ 141,000 $ 108,000
Kalamazoo County Michigan 1 $ 173,000 $ 173,000 $ 96,000
Kalkaska County Michigan 1 $ 199,000 $ 199,000 $ 108,000
Mecosta County Michigan 1 $ 118,000 $ 118,000 $ 180,000
Missaukee County Michigan 1 $ 200,000 $ 200,000 $ 180,000
Ogemaw County Michigan 1 $ 140,000 $ 140,000 $ 180,000
Ontonagon County Michigan 1 $ 40,000 $ 40,000 $ 36,000
Roscommon County Michigan 1 $ 188,000 $ 188,000 $ 180,000
Sanilac County Michigan 1 $ 150,000 $ 150,000 $ 60,000
Van Buren County Michigan 1 $ 201,000 $ 201,000 $ 96,000
Butler County Ohio 1 $ 193,000 $ 193,000 $ 96,000
Logan County Ohio 1 $ 149,000 $ 149,000 $ 108,000
Montgomery County Ohio 1 $ 257,000 $ 257,000 $ 228,000
Portage County Ohio 1 $ 90,000 $ 90,000 $ 36,000
Marion County Oregon 1 $ 213,000 $ 213,000 $ 96,000
Yamhill County Oregon 1 $ 163,000 $ 163,000 $ 48,000

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 Tranex Financial Inc. 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
Refinancing 1,116 $186,095,000 $172,000 $708,000 $98,000 $804,000
Home Purchase 170 $28,599,000 $136,333 $612,000 $69,333 $288,000
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 1,233 $205,808,000 $152,250 $708,000 $75,500 $804,000
Black or African American 20 $3,373,000 $226,000 $420,000 $135,000 $252,000
Hispanic 18 $2,285,000 $134,500 $265,000 $66,000 $168,000
American Indian or Alaskan Native 7 $1,291,000 $184,000 $296,000 $80,000 $192,000
Asian 7 $1,458,000 $208,000 $334,000 $120,000 $336,000
Native Hawaiian or Other Pacific Islander 1 $479,000 $479,000 $479,000 $504,000 $504,000
Not applicable 0 $0 $0 $0 $0 $0
Not Provided 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) 1,286 $214,694,000 $155,500 $708,000 $81,500 $804,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 1,284 $214,344,000 $155,500 $708,000 $81,500 $804,000
Application Denied By Financial Institution 2 $350,000 $175,000 $270,000 $84,000 $96,000
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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
Collateral 1 $80,000 $80,000 $80,000 $72,000 $72,000
Other 1 $270,000 $270,000 $270,000 $96,000 $96,000
Unverifiable Information 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

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.

Download the Michigan Lender List