World Wide Financial Services
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 World Wide Financial Services.
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 | World Wide Financial Services 26500 Northwestern Hwy Southfield, MI 48076 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2004 2003 |
| Total Number of Mortgage Applications | 2,483 |
| Total Mortgage Loan Application Amount | $334,227,000 |
| Average Mortgage Loan Application Amount | $187,826 |
| Highest Mortgage Loan Application Amount | $1,072,000 |
| Average Applicant Income | $109,478 |
| Highest Applicant Income | $1,072,000 |
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 | 1,214 | $ 107,783,000 | $ 88,000 | $ 55,000 |
| Oakland County Michigan | 585 | $ 122,548,000 | $ 209,000 | $ 86,000 |
| Macomb County Michigan | 192 | $ 26,874,000 | $ 139,000 | $ 63,000 |
| Washtenaw County Michigan | 70 | $ 13,579,000 | $ 193,000 | $ 102,000 |
| Genesee County Michigan | 51 | $ 5,889,000 | $ 115,000 | $ 66,000 |
| Livingston County Michigan | 25 | $ 4,545,000 | $ 181,000 | $ 77,000 |
| St. Clair County Michigan | 24 | $ 2,988,000 | $ 124,000 | $ 52,000 |
| Cook County Illinois | 18 | $ 3,476,000 | $ 193,000 | $ 123,000 |
| Lapeer County Michigan | 18 | $ 3,051,000 | $ 169,000 | $ 54,000 |
| Monroe County Michigan | 15 | $ 1,709,000 | $ 113,000 | $ 46,000 |
| Jackson County Michigan | 11 | $ 1,614,000 | $ 146,000 | $ 98,000 |
| Ingham County Michigan | 10 | $ 834,000 | $ 83,000 | $ 69,000 |
| Osceola County Florida | 9 | $ 2,294,000 | $ 254,000 | $ 208,000 |
| Riverside County California | 7 | $ 1,562,000 | $ 223,000 | $ 74,000 |
| Lenawee County Michigan | 7 | $ 925,000 | $ 132,000 | $ 66,000 |
| Lucas County Ohio | 7 | $ 980,000 | $ 140,000 | $ 102,000 |
| Sanilac County Michigan | 6 | $ 582,000 | $ 97,000 | $ 51,000 |
| Cuyahoga County Ohio | 6 | $ 1,011,000 | $ 168,000 | $ 233,000 |
| Maricopa County Arizona | 5 | $ 1,872,000 | $ 374,000 | $ 184,000 |
| San Bernardino County California | 5 | $ 801,000 | $ 160,000 | $ 60,000 |
| Kent County Michigan | 5 | $ 506,000 | $ 101,000 | $ 90,000 |
| Saginaw County Michigan | 5 | $ 429,000 | $ 85,000 | $ 55,000 |
| Kalamazoo County Michigan | 4 | $ 270,000 | $ 67,000 | $ 49,000 |
| Sacramento County California | 3 | $ 575,000 | $ 191,000 | $ 43,000 |
| Alcona County Michigan | 3 | $ 357,000 | $ 119,000 | $ 62,000 |
| Clare County Michigan | 3 | $ 353,000 | $ 117,000 | $ 55,000 |
| Hillsdale County Michigan | 3 | $ 524,000 | $ 174,000 | $ 59,000 |
| Shiawassee County Michigan | 3 | $ 368,000 | $ 122,000 | $ 57,000 |
| Van Buren County Michigan | 3 | $ 253,000 | $ 84,000 | $ 56,000 |
| Summit County Ohio | 3 | $ 576,000 | $ 192,000 | $ 103,000 |
| Orange County Florida | 2 | $ 445,000 | $ 222,000 | $ 210,000 |
| Palm Beach County Florida | 2 | $ 731,000 | $ 365,000 | $ 202,000 |
| Will County Illinois | 2 | $ 362,000 | $ 181,000 | $ 91,000 |
| St. Joseph County Indiana | 2 | $ 248,000 | $ 124,000 | $ 57,000 |
| Arenac County Michigan | 2 | $ 216,000 | $ 108,000 | $ 45,000 |
| Cheboygan County Michigan | 2 | $ 650,000 | $ 325,000 | $ 301,000 |
| Crawford County Michigan | 2 | $ 148,000 | $ 74,000 | $ 77,000 |
| Eaton County Michigan | 2 | $ 409,000 | $ 204,000 | $ 42,000 |
| Ionia County Michigan | 2 | $ 151,000 | $ 75,000 | $ 39,000 |
| Leelanau County Michigan | 2 | $ 504,000 | $ 252,000 | $ 659,000 |
| Ottawa County Michigan | 2 | $ 368,000 | $ 184,000 | $ 56,000 |
| Alameda County California | 1 | $ 68,000 | $ 68,000 | $ 17,000 |
| Fresno County California | 1 | $ 152,000 | $ 152,000 | $ 225,000 |
| Orange County California | 1 | $ 414,000 | $ 414,000 | $ 258,000 |
| San Diego County California | 1 | $ 695,000 | $ 695,000 | $ 120,000 |
| Santa Cruz County California | 1 | $ 150,000 | $ 150,000 | $ 60,000 |
| Shasta County California | 1 | $ 65,000 | $ 65,000 | $ 14,000 |
| Sonoma County California | 1 | $ 154,000 | $ 154,000 | $ 60,000 |
| Pitkin County Colorado | 1 | $ 706,000 | $ 706,000 | $ 312,000 |
| Collier County Florida | 1 | $ 148,000 | $ 148,000 | $ 180,000 |
| Franklin County Florida | 1 | $ 75,000 | $ 75,000 | $ 24,000 |
| Hernando County Florida | 1 | $ 64,000 | $ 64,000 | $ 29,000 |
| Hillsborough County Florida | 1 | $ 72,000 | $ 72,000 | $ 60,000 |
| Indian River County Florida | 1 | $ 115,000 | $ 115,000 | $ 120,000 |
| Jackson County Florida | 1 | $ 64,000 | $ 64,000 | $ 45,000 |
| Lee County Florida | 1 | $ 480,000 | $ 480,000 | $ 312,000 |
| Leon County Florida | 1 | $ 182,000 | $ 182,000 | $ 108,000 |
| Manatee County Florida | 1 | $ 80,000 | $ 80,000 | $ 143,000 |
| Miami-Dade County Florida | 1 | $ 230,000 | $ 230,000 | $ 489,000 |
| Pinellas County Florida | 1 | $ 70,000 | $ 70,000 | $ 64,000 |
| Polk County Florida | 1 | $ 191,000 | $ 191,000 | $ 75,000 |
| Sarasota County Florida | 1 | $ 138,000 | $ 138,000 | $ 56,000 |
| Sumter County Florida | 1 | $ 334,000 | $ 334,000 | $ 223,000 |
| Volusia County Florida | 1 | $ 84,000 | $ 84,000 | $ 41,000 |
| Walton County Florida | 1 | $ 334,000 | $ 334,000 | $ 310,000 |
| Chatham County Georgia | 1 | $ 112,000 | $ 112,000 | $ 85,000 |
| Fulton County Georgia | 1 | $ 190,000 | $ 190,000 | $ 101,000 |
| Jackson County Georgia | 1 | $ 100,000 | $ 100,000 | $ 27,000 |
| Rockdale County Georgia | 1 | $ 101,000 | $ 101,000 | $ 43,000 |
| Bureau County Illinois | 1 | $ 40,000 | $ 40,000 | $ 36,000 |
| Kane County Illinois | 1 | $ 112,000 | $ 112,000 | $ 30,000 |
| Lake County Illinois | 1 | $ 100,000 | $ 100,000 | $ 195,000 |
| Sangamon County Illinois | 1 | $ 106,000 | $ 106,000 | $ 73,000 |
| Allen County Indiana | 1 | $ 185,000 | $ 185,000 | $ 979,000 |
| Marion County Indiana | 1 | $ 123,000 | $ 123,000 | $ 72,000 |
| Starke County Indiana | 1 | $ 75,000 | $ 75,000 | $ 62,000 |
| Alpena County Michigan | 1 | $ 89,000 | $ 89,000 | $ 39,000 |
| Barry County Michigan | 1 | $ 223,000 | $ 223,000 | $ 71,000 |
| Bay County Michigan | 1 | $ 68,000 | $ 68,000 | $ 22,000 |
| Calhoun County Michigan | 1 | $ 61,000 | $ 61,000 | $ 40,000 |
| Clinton County Michigan | 1 | $ 148,000 | $ 148,000 | $ 78,000 |
| Emmet County Michigan | 1 | $ 358,000 | $ 358,000 | $ 150,000 |
| Grand Traverse County Michigan | 1 | $ 117,000 | $ 117,000 | $ 48,000 |
| Houghton County Michigan | 1 | $ 45,000 | $ 45,000 | $ 30,000 |
| Kalkaska County Michigan | 1 | $ 208,000 | $ 208,000 | $ 70,000 |
| Mecosta County Michigan | 1 | $ 40,000 | $ 40,000 | $ 33,000 |
| Muskegon County Michigan | 1 | $ 100,000 | $ 100,000 | $ 22,000 |
| Oceana County Michigan | 1 | $ 91,000 | $ 91,000 | $ 40,000 |
| St. Joseph County Michigan | 1 | $ 119,000 | $ 119,000 | $ 47,000 |
| Tuscola County Michigan | 1 | $ 70,000 | $ 70,000 | $ 20,000 |
| Butler County Ohio | 1 | $ 96,000 | $ 96,000 | $ 35,000 |
| Clark County Ohio | 1 | $ 412,000 | $ 412,000 | $ 110,000 |
| Delaware County Ohio | 1 | $ 334,000 | $ 334,000 | $ 194,000 |
| Fulton County Ohio | 1 | $ 167,000 | $ 167,000 | $ 84,000 |
| Geauga County Ohio | 1 | $ 146,000 | $ 146,000 | $ 98,000 |
| Lake County Ohio | 1 | $ 86,000 | $ 86,000 | $ 23,000 |
| Miami County Ohio | 1 | $ 85,000 | $ 85,000 | $ 73,000 |
| Richland County Ohio | 1 | $ 52,000 | $ 52,000 | $ 52,000 |
| Van Wert County Ohio | 1 | $ 40,000 | $ 40,000 | $ 29,000 |
| Shelby County Tennessee | 1 | $ 75,000 | $ 75,000 | $ 48,000 |
| Milwaukee County Wisconsin | 1 | $ 50,000 | $ 50,000 | $ 29,000 |
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 World Wide Financial Services 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 | 2,109 | $279,642,000 | $198,416 | $1,072,000 | $117,083 | $1,072,000 |
| Home Purchase | 374 | $54,585,000 | $176,272 | $1,000,000 | $101,181 | $1,000,000 |
| 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 | 1,114 | $192,202,000 | $302,777 | $1,072,000 | $163,444 | $1,072,000 |
| Black or African American | 834 | $72,111,000 | $90,400 | $496,000 | $51,400 | $367,000 |
| Not Provided | 481 | $62,328,000 | $139,900 | $1,000,000 | $122,900 | $1,000,000 |
| Hispanic | 29 | $3,972,000 | $162,200 | $500,000 | $59,000 | $120,000 |
| Asian | 15 | $1,714,000 | $148,000 | $288,000 | $144,500 | $337,000 |
| Native Hawaiian or Other Pacific Islander | 7 | $1,563,000 | $223,000 | $436,000 | $69,000 | $148,000 |
| American Indian or Alaskan Native | 3 | $337,000 | $126,000 | $167,000 | $91,500 | $112,000 |
| 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) | 2,395 | $323,595,000 | $184,071 | $1,072,000 | $110,857 | $1,072,000 |
| FHA-insured (Federal Housing Administration) | 88 | $10,632,000 | $120,000 | $229,000 | $47,000 | $121,000 |
| 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 | 1,449 | $200,162,000 | $185,090 | $1,072,000 | $109,545 | $1,072,000 |
| Application Denied By Financial Institution | 310 | $31,376,000 | $101,625 | $650,000 | $56,250 | $300,000 |
| Application Withdrawn By Applicant | 245 | $29,898,000 | $113,000 | $995,000 | $51,222 | $659,000 |
| File Closed For Incompleteness | 242 | $38,870,000 | $154,428 | $1,000,000 | $165,714 | $1,000,000 |
| Application Approved But Not Accepted | 235 | $33,597,000 | $192,375 | $1,000,000 | $104,375 | $693,000 |
| Preapproval Approved but not Accepted | 2 | $324,000 | $162,000 | $255,000 | $71,000 | $117,000 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The 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 |
|---|---|---|---|---|---|---|
| Other | 118 | $12,961,000 | $89,166 | $496,000 | $36,166 | $300,000 |
| Credit History | 57 | $5,156,000 | $118,000 | $240,000 | $49,333 | $86,000 |
| Collateral | 48 | $4,150,000 | $86,000 | $352,000 | $48,000 | $194,000 |
| Debt-To-Income Ratio | 15 | $1,184,000 | $103,500 | $140,000 | $48,000 | $60,000 |
| Unverifiable Information | 12 | $964,000 | $80,000 | $190,000 | $59,000 | $90,000 |
| Employment History | 8 | $693,000 | $129,500 | $187,000 | $151,000 | $264,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $137,000 | $68,000 | $69,000 | $43,000 | $44,000 |
| Credit Application Incomplete | 2 | $417,000 | $208,000 | $358,000 | $90,000 | $150,000 |
| Mortgage Insurance Denied | 1 | $90,000 | $90,000 | $90,000 | $66,000 | $66,000 |
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.