Mackinac County MI
Mortgage Loan Application
Totals and Details
for 2007

Find mortgage statistics and lending data for the Mackinac County MI metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2021.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near Mackinac County MI, this may help give you an idea of what you might find when you begin your mortgage research. Use the mortgage lender list and statistics below to gain valuable insights.

Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 662
Total Mortgage Loan Application Amount $90,317,000
Average Mortgage Loan Application Amount $136,000
Highest Mortgage Loan Application Amount $1,950,000
Average Applicant Income $82,000
Highest Applicant Income $1,895,000

Mortgage Company List for Lending in Mackinac County MI for 2007

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
COUNTRYWIDE HOME LOANS
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 199,946,230,000 51 $ 7,964,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 34 $ 3,708,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 398,671,000,000 33 $ 3,819,000
COUNTRYWIDE BANK FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 92,836,714,000 29 $ 4,382,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,179,390,000,000 23 $ 4,263,000
CITIFINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 22 $ 1,240,000
NATIONAL CITY BANK
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 134,344,792,000 20 $ 2,454,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,650,000 20 $ 4,585,000
THE HUNTINGTON NATIONAL BANK
7575 HUNTINGTON PARK DR
COLUMBUS, OH 43235
* $ 34,914,009,000 19 $ 2,530,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 52,671,972,000 16 $ 2,130,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 12 $ 1,203,000
ELOAN
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 12 $ 1,171,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 15,464,820,000 11 $ 1,078,000
WELLS FARGO FIN'L AMERICA, INC
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 11 $ 1,316,000
BENEFICIAL COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 10 $ 720,000
LASALLE BANK MIDWEST, NA
2600 WEST BIG BEAVER ROAD
TROY, MI 48084
* $ 49,751,517,000 9 $ 1,279,000
EQUIFIRST CORPORATION
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 138,667,948,000 8 $ 733,000
NPB MORTGAGE LLC
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 145,000,000 8 $ 734,000
MBANK
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 381,755,000 7 $ 580,000
FIRST NLC FINANCIAL SERVICES,
4680 CONFERENCE WAY SOUTH
BOCA RATON, FL 33431
* $ 10,000,000 7 $ 677,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 7 $ 580,000
CITIZENS BANK
328 S SAGINAW ST
FLINT, MI 48502
* $ 7,516,604,000 7 $ 2,546,000
ABN AMRO MTG GROUP INC
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 250,000,000 7 $ 774,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 6 $ 473,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 6 $ 379,000
INDEPENDENT MORTGAGE CO
230 W MAIN ST
IONIA, MI 48846
* $ 15,000,000 6 $ 917,000
CHASE MANHATTAN BANK USA, NA
200 WHITE CLAY CENTER DR
NEWARK, DE 19711
* $ 83,973,505,000 6 $ 378,000
ACCREDITED HOME LENDERS, INC
15253 AVENUE OF SCIENCE BLDG 1
SAN DIEGO, CA 92128
* $ 10,000,000 6 $ 761,000
HOME LOAN CENTER
163 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 10,000,000 6 $ 693,000
WASHINGTON MUTUAL BANK
227 EAST AVENUE
ALBION, NY 14411
* $ 345,610,758,000 6 $ 1,225,000
INDYMAC BANK, F.S.B.
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 28,740,902,000 6 $ 1,768,000
HOME LOAN INVESTMENT BANK
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 254,471,000 6 $ 469,000
AURORA BANK FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 19,105,280,000 5 $ 877,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 26,048,419,000 5 $ 720,000
HFC COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 5 $ 477,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 390,576,000 5 $ 506,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,196,123,794,000 5 $ 1,468,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 3,781,333,000 5 $ 699,000
CAPITAL ONE HOME LOANS, LLC
12800 FOSTER STREET
OVERLAND PARK, KS 66213
* $ 88,701,411,000 4 $ 339,000
FIFTH THIRD BANK MICHIGAN
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,441,275,000 4 $ 378,000
KEYBANK NATIONAL ASSOCIATION
100 PUBLIC SQUARE STE 600 OH-01-10-06006
CLEVELAND, OH 44113
* $ 88,081,220,000 4 $ 102,000
REALTY MORTGAGE
215 KATHERINE DR.
FLOWOOD, MS 39232
* $ 10,000,000 4 $ 141,000
MORGAN STANLEY CREDIT CORP
75 N. FAIRWAY DRIVE
VERNON HILLS, IL 60061
* $ 10,000,000 4 $ 904,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 4 $ 411,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 19,937,022,000 4 $ 408,000
WILMINGTON FINANCE, INC.
620 W GERMANTOWN RD
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 4 $ 481,000
RESIDENTIAL LOAN CENTERS
2350 E. DEVON AVENUE SUITE 300
DES PLAINES, IL 60018
* $ 10,000,000 4 $ 260,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 4 $ 394,000
FIRST FRANKLIN FINANCIAL CORP
2150 NORTH FIRST STREET
SAN JOSE, CA 95131
* $ 14,004,000 3 $ 275,000
BNC MORTGAGE
745 SEVENTH AVENUE, 24TH FLOOR
NEW YORK, NY 10019
* $ 2,500,000,000 3 $ 673,000
RESMAE MORTGAGE CORPORATION
6 POINTE DRIVE
BREA, CA 92821
* $ 10,000,000 3 $ 256,000
DECISION ONE MORTGAGE
26525 N. RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 12,000,000 3 $ 311,000
GE MONEY BANK
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 12,595,722,000 3 $ 171,000
AMTRUST BANK
1801 E. 9TH ST #200
CLEVELAND, OH 44114
* $ 18,091,851,000 3 $ 554,000
ALLIED HOME MTG CAPITAL CORP
6110 PINEMONT DR., STE. 215
HOUSTON, TX 77092
* $ 10,000,000 3 $ 421,000
NOVASTAR MORTGAGE
2114 CENTRAL SUITE 600
KANSAS CITY, MO 64108
* $ 10,000,000 3 $ 323,000
AMERIQUEST MORTGAGE COMPANY
1100 TOWN & COUNTRY ROAD
ORANGE, CA 92868
* $ 10,000,000 3 $ 411,000
HOMECOMINGS FINANCIAL LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 3 $ 242,000
DELTA FUNDING CORPORATION
1000 WOODBURY ROAD
WOODBURY, NY 11797
* $ 31,000,000 3 $ 329,000
US BANK NORTH DAKOTA
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 4,419,450,000 3 $ 456,000
RBS CITIZENS, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 17,125,177,000 3 $ 929,000
HSBC MORTGAGE CORP
2929 WALDEN AVE
DEPEW, NY 14043
* $ 92,958,000 3 $ 322,000
FIRST BANKING CENTER
8700 75TH STREET
KENOSHA, WI 53142
* $ 757,449,000 3 $ 340,000
SKY BANK C/O HUNTINGTON BANK
137 CLOUGH ST.
BOWLING GREEN, OH 43402
* $ 17,532,058,000 3 $ 346,000
EQUITY ONE
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 21,874,000,000 3 $ 251,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 1,427,550,000 2 $ 108,000
WACHOVIA MORTGAGE CORP
301 S COLLEGE ST
CHARLOTTE, NC 28202
* $ 2,687,938,000 2 $ 398,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 182,588,156,000 2 $ 201,000
ASSOCIATED BANK, N.A.
200 N ADAMS ST
GREEN BAY, WI 54301
* $ 20,532,484,000 2 $ 331,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 217,802,326,000 2 $ 153,000
NATIONWIDE MORTGAGE CONCEPTS,
40380 DESERT CREEK LANE
RANCHO MIRAGE, CA 92270
* $ 10,000,000 2 $ 376,000
H&R BLOCK MORTGAGE CORPORATION
6501 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 10,000,000 2 $ 206,000
OPTION ONE MORTGAGE CORP
6501 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 10,000,000 2 $ 382,000
TAYLOR, BEAN & WHITAKER
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 2 $ 223,000
WACHOVIA MORTGAGE FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 146,260,800,000 2 $ 401,000
IB&T MORTGAGE COMPANY
139 EAST BROADWAY
MOUNT PLEASANT, MI 48858
* $ 641,687,000 2 $ 297,000
UNITED MORTGAGE COMPANY
205 E. CHICAGO BLVD.
TECUMSEH, MI 49286
* $ 468,861,000 2 $ 513,000
SRC MORTGAGE
3744 28TH ST
GRAND RAPIDS, MI 49512
* $ 175,085,370,000 2 $ 108,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 2 $ 264,000
ACCELERON LENDING, INC.
8140 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 10,000,000 2 $ 294,000
LAFCU
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ 460,879,000 2 $ 293,000
KELLOGG CFCU
41 SECOND ST
BATTLE CREEK, MI 49015
* $ 241,225,000 1 $ 51,000
N R L FEDERAL CREDIT UNION
5440 CHEROKEE AVE SUITE 200
ALEXANDRIA, VA 22312
* $ 347,075,000 1 $ 150,000
NFCU
820 FOLLIN LANE
VIENNA, VA 22180
* $ 27,121,892,000 1 $ 138,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 433,298,000 1 $ 28,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 962,595,000 1 $ 104,000
BESTSOURCE CU
1054 W HURON STREET
WATERFORD, MI 48328
* $ 121,104,000 1 $ 150,000
MARSHALL COMMUNITY CREDIT UNION
839 W GREEN ST
MARSHALL, MI 49068
* $ 130,545,000 1 $ 64,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 1,190,310,000 1 $ 51,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 1 $ 71,000
GUILD MORTGAGE COMPANY
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 1 $ 106,000
GB HOME EQUITY, LLC
4000 W BROWN DEER ROAD
BROWN DEER, WI 53209
* $ 12,000,000 1 $ 58,000
MERRILL LYNCH CREDIT CORP.
4804 DEER LAKE DRIVE EAST BLDG 3 FL 5
JACKSONVILLE, FL 32246
* $ 4,500,000,000 1 $ 202,000
CORINTHIAN MORTGAGE CORP
5750 W 95TH STREET, SUITE 155
OVERLAND PARK, KS 66207
* $ 341,661,000 1 $ 71,000
CALUSA INVESTMENTS, L.L.C.
P.O. BOX 710840
HERNDON, VA 20171
* $ 10,000,000 1 $ 165,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 1 $ 110,000
PREMIUM CAPITAL FUNDING LLC
125 JERICHO TPKE
JERICHO, NY 11753
* $ 10,000,000 1 $ 265,000
AMC MORTGAGE SERVICES, INC.
1100 TOWN & COUNTRY ROAD, SUITE 1100
IRVINE, CA 92868
* $ 10,000,000 1 $ 106,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 1 $ 135,000
THE LENDING CONNECTION, INC
5901 WARNER AVE #478
HUNTINGTON BEACH, CA 92649
* $ 10,000,000 1 $ 147,000
TAMMAC HOLDINGS CORPORATION
100 COMMERCE BLVD
WILKES BARRE, PA 18702
* $ 60,000,000 1 $ 7,000
MILLENNIA MORTGAGE CORPORATION
9891 IRVINE CENTER DRIVE, STE. 200
IRVINE, CA 92618
* $ 10,000,000 1 $ 171,000
HOMETOWN MORTGAGE SERVICES INC
5511 HWY 280 E STE 210
BIRMINGHAM, AL 35242
* $ 10,000,000 1 $ 200,000
CREDIT SUISSE
302 CARNEGIE CENTER 2ND FLOOR
PRINCETON, NJ 08540
* $ 241,300,000,000 1 $ 51,000
ALLEN MORTGAGE, LLC
P.O. BOX 1168
CENTENNIAL PARK, AZ 86021
* $ 10,000,000 1 $ 171,000
FENTURA MORTGAGE CORP
P O BOX 725
FENTON, MI 48430
* $ 295,000,000 1 $ 116,000
MACATAWA BANK MORTGAGE COMPANY
P.O. BOX 3119
HOLLAND, MI 49422
* $ 670,007,000 1 $ 120,000
SIGNATURE MORTGAGE
1 E HURON AVE
BAD AXE, MI 48413
* $ 265,423,000 1 $ 60,000
THE FARMERS & MERCHANTS STATE BANK
307 N DEFIANCE ST
ARCHBOLD, OH 43502
* $ 735,538,000 1 $ 39,000
INCREDIBLEBANK
327 N 17TH AVE
WAUSAU, WI 54401
* $ 762,723,000 1 $ 60,000
FRANKLIN BANK SSB
9800 RICHMOND, SUITE 680
HOUSTON, TX 77042
* $ 5,533,327,000 1 $ 171,000
STAR FINANCIAL BANK
127 WEST BERRY ST
FORT WAYNE, IN 46835
* $ 1,570,788,000 1 $ 925,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 20,349,757,000 1 $ 120,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 13,489,917,000 1 $ 20,000
EVERBANK
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 4,173,972,000 1 $ 114,000
AMERIPRISE BANK, FSB
707 2ND AVENUE SOUTH
MINNEAPOLIS, MN 55474
* $ 1,059,855,000 1 $ 114,000
FIRST FEDERAL BANK
601 CLINTON STREET
DEFIANCE, OH 43512
* $ 1,520,700,000 1 $ 147,000
SOVEREIGN BANK
1130 BERKSHIRE BOULEVARD
WYOMISSING, PA 19610
* $ 89,506,358,000 1 $ 193,000
GATEWAY BANK, FSB
2336 MERCED STREET
SAN LEANDRO, CA 94577
* $ 433,025,000 1 $ 87,000
MACKINAC SAVINGS BANK FSB
280 N CONGRESS AVE
BOYNTON BEACH, FL 33426
* $ 119,640,000 1 $ 113,000
FREEDOM MORTGAGE CORP.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 1 $ 46,000
UNIVERSAL MORTGAGE CORPORATION
12080 NORTH CORPORATE PKWY SUITE 100
MEQUON, WI 53092
* $ 10,000,000 1 $ 90,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 123,000
IDEAL MORTGAGE BANKERS, LTD
520 BROADHOLLOW ROAD
MELVILLE, NY 11747
* $ 10,000,000 1 $ 86,000
GREENLIGHT FINANCIAL SERVICES
18200 VON KARMAN STE #300
IRVINE, CA 92612
* $ 10,000,000 1 $ 65,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 1 $ 220,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 1 $ 152,000
FIRST TENNESSEE BANK NA
165 MADISON 5TH FLOOR
MEMPHIS, TN 38103
* $ 37,608,492,000 1 $ 400,000
PNC BANK N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 90,142,449,000 1 $ 474,000
HARRIS N.A.
111 W. MONROE
CHICAGO, IL 60603
* $ 41,773,322,000 1 $ 405,000
STERLING NATIONAL MORTGAGE CO.
98 CUTTERMILL RD
GREAT NECK, NY 11021
* $ 964,388,000 1 $ 131,000
GREENPOINT MORTGAGE FUNDING
100 WOOD HOLLOW DRIVE
NOVATO, CA 94945
* $ 6,677,533,000 1 $ 199,000
CAPITOL NATIONAL BANK
200 N WASHINGTON SQUARE
LANSING, MI 48933
* $ 256,754,000 1 $ 323,000
COMERICA BANK
500 WOODWARD AVE - MC 3352
DETROIT, MI 48226
* $ 58,543,306,000 1 $ 1,300,000
AMERA MORTGAGE CORPORATION
1050 CORPORATE OFFICE DR #200
MILFORD, MI 48381
* $ 1,247,334,000 1 $ 217,000

The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Mortgage Loan Application Detail Totals for Mackinac County MI in 2007

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 475 $67,976,000 $143,000 $1,950,000 $76,000 $1,483,000
Home Purchase 148 $19,421,000 $131,000 $1,520,000 $97,000 $1,895,000
Home Improvement 39 $2,920,000 $74,000 $417,000 $91,000 $666,000

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 500 $71,762,000 $143,000 $1,950,000 $91,000 $1,895,000
Not Provided 86 $9,956,000 $115,000 $470,000 $68,000 $306,000
Not applicable 34 $5,133,000 $150,000 $999,000 $18,000 $121,000
American Indian or Alaskan Native 31 $2,590,000 $83,000 $151,000 $47,000 $104,000
Hispanic 7 $619,000 $88,000 $180,000 $67,000 $200,000
Asian 2 $127,000 $63,000 $116,000 $69,000 $96,000
Black or African American 2 $130,000 $65,000 $105,000 $60,000 $60,000
Native Hawaiian or Other Pacific Islander 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) 625 $85,986,000 $137,000 $1,950,000 $84,000 $1,895,000
FHA-insured (Federal Housing Administration) 34 $3,867,000 $113,000 $200,000 $44,000 $113,000
VA-guaranteed (Veterans Administration) 3 $464,000 $154,000 $171,000 $35,000 $51,000
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 240 $31,507,000 $131,000 $999,000 $88,000 $1,483,000
Application Denied By Financial Institution 194 $26,184,000 $134,000 $1,520,000 $79,000 $1,895,000
Loan Purchased By The Institution 100 $15,281,000 $152,000 $999,000 $90,000 $1,392,000
Application Withdrawn By Applicant 56 $8,080,000 $144,000 $1,300,000 $65,000 $413,000
Application Approved But Not Accepted 45 $6,202,000 $137,000 $1,950,000 $60,000 $272,000
File Closed For Incompleteness 27 $3,063,000 $113,000 $400,000 $87,000 $432,000
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
Collateral 43 $7,706,000 $179,000 $1,500,000 $122,000 $1,895,000
Credit History 23 $2,595,000 $112,000 $550,000 $66,000 $282,000
Other 21 $2,911,000 $138,000 $560,000 $105,000 $306,000
Debt-To-Income Ratio 17 $2,005,000 $117,000 $337,000 $38,000 $78,000
Credit Application Incomplete 10 $3,303,000 $330,000 $1,520,000 $187,000 $1,550,000
Unverifiable Information 5 $482,000 $96,000 $191,000 $48,000 $66,000
Employment History 2 $198,000 $99,000 $147,000 $23,000 $28,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

We hope these details for mortgage applications and lending statistics will give you a better idea of what to expect when applying for a mortgage. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.

If you prefer, you can download a copy of the entire list of mortgage lenders in Michigan, and search similar information back through 2003.

Download the Michigan Lender List