Mason County MI
Mortgage Loan Application
Totals and Details
for 2014

Find mortgage statistics and lending data for the Mason 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 Mason 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 780
Total Mortgage Loan Application Amount $97,231,000
Average Mortgage Loan Application Amount $124,000
Highest Mortgage Loan Application Amount $6,480,000
Average Applicant Income $68,000
Highest Applicant Income $746,000

Mortgage Company List for Lending in Mason County MI for 2014

* 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
THE SHELBY STATE BANK
242 N MICHIGAN AVE
SHELBY, MI 49455
* $ 210,498,000 67 $ 6,628,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 309,999,678,000 54 $ 4,451,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 44 $ 4,007,000
PREFERRED CREDIT UNION
3767 SPARKS DR SE
GRAND RAPIDS, MI 49546
* $ 149,977,000 44 $ 1,493,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,373,600,000,000 35 $ 4,452,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,945,467,000,000 34 $ 4,104,000
FIFTH THIRD BANK
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 127,428,329,000 31 $ 2,076,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 127,428,329,000 30 $ 2,961,000
NEIGHBORHOOD MORTGAGE SOLUTION
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 25 $ 2,633,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 59,304,805,000 23 $ 2,019,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 3,042,240,000 15 $ 1,867,000
AMERIFIRST FINANCIAL CORPORATION
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 13 $ 1,252,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 12 $ 1,649,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 12 $ 957,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 62,866,954,000 11 $ 1,593,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 10 $ 393,000
J. VIRGIL, INC.
G3404 MILLER ROAD
FLINT, MI 48507
* $ 500,000 10 $ 952,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,199,198,000 10 $ 1,274,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 6,176,405,000 9 $ 3,202,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,346,747,000,000 9 $ 622,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,433,716,000,000 9 $ 1,407,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 8 $ 1,056,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 7 $ 632,000
PROFICIO BANK
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 168,648,000 6 $ 753,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 6 $ 388,000
ASPIRE FINANCIAL INC
4100 ALPHA RD #112
DALLAS, TX 75244
* $ 10,000,000 6 $ 485,000
MACATAWA BANK
PO BOX 3119
HOLLAND, MI 49422
* $ 1,513,964,000 5 $ 487,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 5 $ 685,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 360,478,278,000 5 $ 629,000
MICHIGAN STATE UNIVERSITY FEDERAL CREDIT UNION
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 2,536,690,000 5 $ 230,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 5 $ 916,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 5 $ 721,000
UNION HOME MORTGAGE CORP.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 4 $ 437,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 4 $ 466,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 4 $ 573,000
NORTHPOINTE BANK
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 299,620,000 4 $ 666,000
FOUNDERS BANK & TRUST
5200 CASCADE ROAD SE
GRAND RAPIDS, MI 49546
* $ 455,975,000 3 $ 556,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 12,648,357,000 3 $ 320,000
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 90,439,767,000 3 $ 407,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 94,716,980,000 3 $ 287,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 3 $ 242,000
CONSUMERS
PO BOX 525
OSHTEMO, MI 49077
* $ 501,034,000 3 $ 189,000
TALMER BANK AND TRUST
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 2,308,075,000 3 $ 678,000
ROUNDPOINT MORTGAGE COMPANY
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 3 $ 382,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 3 $ 259,000
DISCOVER HOME LOANS, INC
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 79,339,664,000 3 $ 446,000
STONEGATE MORTGAGE CORPORATION
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 3 $ 397,000
MID AMERICA MORTGAGE, INC.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 2 $ 354,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 2 $ 188,000
CARRINGTON MORTGAGE SERVICES, LLC
1600 SO. DOUGLASS RD, SUITES 110 & 200A
ANAHEIM, CA 92806
* $ 945,758,000 2 $ 174,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 2 $ 313,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ 10,000,000 2 $ 273,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 2 $ 209,000
HURON VALLEY FINANCIAL, INC.
2395 OAK VALLEY DRIVE, SUITE 200
ANN ARBOR, MI 48103
* $ 10,000,000 2 $ 144,000
EVOLVE BANK & TRUST
301 SHOPPING WAY BLVD
WEST MEMPHIS, AR 72301
* $ 277,561,000 2 $ 327,000
HORIZON BANK, N.A.
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 1,758,006,000 2 $ 6,791,000
THE DART BANK
368 S. PARK ST.
MASON, MI 48854
* $ 271,122,000 2 $ 337,000
COMMUNITY FINANCIAL CREDIT UNION
500 S HARVEY ST
PLYMOUTH, MI 48170
* $ 543,090,000 2 $ 108,000
THE STATE BANK
175 N LEROY ST
FENTON, MI 48430
* $ 330,685,000 2 $ 652,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 2 $ 461,000
WEST MICHIGAN CREDIT UNION
1319 FRONT AVE NW
GRAND RAPIDS, MI 49504
* $ 133,249,000 2 $ 71,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 2 $ 353,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ 10,000,000 2 $ 526,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 2 $ 139,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 245,863,000 2 $ 294,000
ADMIRALS BANK
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 577,338,000 2 $ 39,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,596,388,000 2 $ 137,000
TOP FLITE FINANCIAL, INC.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ 40,394,000 2 $ 199,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 617,585,000 2 $ 277,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 297,566,000 2 $ 270,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 15,766,346,000 2 $ 141,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 179,126,294,000 2 $ 226,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 55,502,976,000 2 $ 397,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 2 $ 446,000
GENISYS
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 1,542,707,000 2 $ 154,000
WANIGAS CREDIT UNION
4026 SHATTUCK RD
SAGINAW, MI 48603
* $ 286,887,000 1 $ 83,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ 9,135,000 1 $ 59,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 143,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 1 $ 133,000
AMERICAN AIRLINES FEDERAL CREDIT UNION
4151 AMON CARTER BLVD
FT WORTH, TX 76155
* $ 5,569,087,000 1 $ 30,000
UNITED
2807 SOUTH STATE ST
SAINT JOSEPH, MI 49085
* $ 1,644,015,000 1 $ 73,000
GERBER FEDERAL CREDIT UNION
508 STATE STREET PO BOX 116
FREMONT, MI 49412
* $ 121,917,000 1 $ 37,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 61,000
SERVICE 1 FEDERAL CREDIT UNION
1075 E SHERMAN BLVD
MUSKEGON, MI 49444
* $ 96,178,000 1 $ 80,000
SUMMIT FUNDING, INC.
2241 HARVARD ST, SUITE 200
SACRAMENTO, CA 95815
* $ 1,000,000,000 1 $ 77,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 62,915,596,000 1 $ 23,000
BOKF, NATIONAL ASSOCIATION
ONE WEST 3RD, 5TH FL
TULSA, OK 74103
* $ 26,795,278,000 1 $ 102,000
ASSOCIATED BANK, NATIONAL ASSOCIATION
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 23,932,159,000 1 $ 196,000
GRAND RIVER BANK
4471 WILSON SW
GRANDVILLE, MI 49418
* $ 122,718,000 1 $ 135,000
BARRINGTON BANK & TRUST COMPANY, N.A.
201 S. HOUGH STREET
BARRINGTON, IL 60010
* $ 1,492,889,000 1 $ 239,000
GUARDIAN SAVINGS BANK, A FEDERAL SAVINGS BANK
6100 WEST CHESTER RD
WEST CHESTER, OH 45069
* $ 813,894,000 1 $ 240,000
POLARIS HOME FUNDING CORP.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ 10,000,000 1 $ 113,000
HOMESITE MORTGAGE, LLC
13001 23 MILE RD, SUITE 101
SHELBY TWP, MI 48315
* $ 6,646,000 1 $ 216,000
AXOS BANK
4350 LA JOLLA VILLAGE DR SUITE 140
LA JOLLA, CA 92122
* $ 3,564,057,000 1 $ 107,000
ISABELLA BANK
139 E. BROADWAY
MT. PLEASANT, MI 48858
* $ 1,433,762,000 1 $ 595,000
COLE TAYLOR BANK
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 5,662,890,000 1 $ 176,000
FIRST FEDERAL BANK
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 986,791,000 1 $ 88,000
ALLIANT CREDIT UNION
11545 W TOUHY
CHICAGO, IL 60666
* $ 8,151,987,000 1 $ 176,000
THE BANK OF HOLLAND
150 CENTRAL AVE
HOLLAND, MI 49423
* $ 715,804,000 1 $ 155,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 99,000
LAND HOME FINANCIAL SERVICES, INC.
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ 10,000,000 1 $ 135,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ 100,000,000 1 $ 64,000
CHURCHILL MORTGAGE CORPORATION
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 1 $ 88,000
EMM LOANS LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08002
* $ 10,000,000 1 $ 141,000
GATEWAY MORTGAGE GROUP, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 10,000,000 1 $ 48,000
FIRST STATE BANK
24300 LITTLE MACK
ST CLAIR SHORES, MI 48080
* $ 564,481,000 1 $ 300,000
FIRST STATE BANK
706 WASHINGTON STREET
MENDOTA, IL 61342
* $ 922,388,000 1 $ 417,000
UNITED BANK MORTGAGE CORPORATI
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ 264,000,000 1 $ 90,000
ADVIA
550 S RIVERVIEW DR
PARCHMENT, MI 49004
* $ 276,209,000 1 $ 128,000
FAMILY FINANCIAL CREDIT UNION
3575 HENRY ST
MUSKEGON, MI 49441
* $ 91,274,000 1 $ 30,000
FRANKENMUTH CREDIT UNION
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 292,052,000 1 $ 32,000
ALLIANCE CATHOLIC CREDIT UNION
26913 NORTHWESTERN HWY STE 520
SOUTHFIELD, MI 48033
* $ 413,364,000 1 $ 5,000
DFCU FINANCIAL
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 3,538,032,000 1 $ 104,000
HARBORLIGHT
2151 COGSWELL DR.
WHITEHALL, MI 49461
* $ 90,139,000 1 $ 100,000
DAY AIR CREDIT UNION, INC
3501 WILMINGTON PIKE
KETTERING, OH 45429
* $ 278,530,000 1 $ 73,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,361,206,000 1 $ 161,000
GS COMMERCIAL REAL ESTATE LP
200 WEST STREET
NEW YORK, NY 10282
* $ 939,558,522,000 1 $ 6,480,000
FIRSTBANK
102 S MAIN ST
MT PLEASANT, MI 48858
* $ 1,222,044,000 1 $ 240,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 1 $ 49,000
DEERE EMPLOYEES CREDIT UNION
3950 38TH AVENUE
MOLINE, IL 61265
* $ 647,760,000 1 $ 216,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 679,412,000 1 $ 32,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,400,994,000 1 $ 30,000
SIGNATURE BANK
1 E HURON AVE
BAD AXE, MI 48413
* $ 233,152,000 1 $ 320,000
HOMEWARD RESIDENTIAL, INC.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 131,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ 35,475,880,000 1 $ 118,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 1 $ 140,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,261,678,000 1 $ 44,000
DITECH MORTGAGE CORP
1100 VIRGINIA DRIVE, SUITE 100
FT. WASHINGTON, PA 19034
* $ 5,720,000 1 $ 45,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 1 $ 55,000
PERL MORTGAGE, INC.
2936 WEST BELMONT AVE
CHICAGO, IL 60618
* $ 11,000,000 1 $ 273,000
FIRST CENTENNIAL MORTGAGE CORPORATION
2471 W SULLIVAN ROAD
AURORA, IL 60506
* $ 10,000,000 1 $ 65,000
THE ANDERSON FINANCIAL GROUP, INC.
2421 N ASHLAND
CHICAGO, IL 60614
* $ 10,000,000 1 $ 325,000

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 Mason County MI in 2014

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 387 $58,181,000 $150,000 $6,480,000 $71,000 $746,000
Refinancing 328 $36,965,000 $112,000 $595,000 $67,000 $550,000
Home Improvement 65 $2,085,000 $32,000 $165,000 $59,000 $212,000

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 607 $65,786,000 $108,000 $998,000 $76,000 $746,000
Not applicable 83 $21,396,000 $257,000 $6,480,000 $4,000 $85,000
Not Provided 66 $7,123,000 $107,000 $419,000 $67,000 $362,000
American Indian or Alaskan Native 7 $937,000 $133,000 $200,000 $58,000 $86,000
Black or African American 7 $919,000 $131,000 $277,000 $185,000 $550,000
Hispanic 6 $231,000 $38,000 $83,000 $41,000 $82,000
Asian 3 $564,000 $188,000 $382,000 $103,000 $151,000
Native Hawaiian or Other Pacific Islander 1 $275,000 $275,000 $275,000 $135,000 $135,000

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) 565 $73,486,000 $130,000 $6,480,000 $80,000 $746,000
VA-guaranteed (Veterans Administration) 77 $10,673,000 $138,000 $419,000 $48,000 $212,000
FHA-insured (Federal Housing Administration) 69 $7,054,000 $102,000 $249,000 $36,000 $140,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 69 $6,018,000 $87,000 $166,000 $25,000 $67,000

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 376 $48,255,000 $128,000 $6,480,000 $84,000 $746,000
Application Denied By Financial Institution 184 $18,913,000 $102,000 $595,000 $58,000 $310,000
Loan Purchased By The Institution 94 $9,582,000 $101,000 $249,000 $21,000 $247,000
Application Withdrawn By Applicant 75 $14,936,000 $199,000 $6,480,000 $72,000 $350,000
File Closed For Incompleteness 28 $3,021,000 $107,000 $258,000 $58,000 $224,000
Application Approved But Not Accepted 23 $2,524,000 $109,000 $336,000 $88,000 $459,000
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
Credit History 40 $3,173,000 $79,000 $200,000 $57,000 $212,000
Collateral 32 $3,202,000 $100,000 $250,000 $66,000 $197,000
Debt-To-Income Ratio 24 $2,423,000 $100,000 $243,000 $37,000 $150,000
Credit Application Incomplete 23 $2,841,000 $123,000 $419,000 $56,000 $200,000
Other 7 $659,000 $94,000 $278,000 $79,000 $310,000
Insufficient Cash (Downpayment, Closing Cost) 3 $328,000 $109,000 $161,000 $28,000 $50,000
Employment History 2 $158,000 $79,000 $81,000 $26,000 $29,000
Unverifiable Information 1 $32,000 $32,000 $32,000 $22,000 $22,000
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