Montmorency County MI
Mortgage Loan Application
Totals and Details
for 2007

Find mortgage statistics and lending data for the Montmorency 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 Montmorency 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 849
Total Mortgage Loan Application Amount $84,138,000
Average Mortgage Loan Application Amount $99,000
Highest Mortgage Loan Application Amount $500,000
Average Applicant Income $61,000
Highest Applicant Income $540,000

Mortgage Company List for Lending in Montmorency 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 76 $ 8,961,000
NATIONAL CITY BANK
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 134,344,792,000 70 $ 5,416,000
COMMUNITY FINANCIAL CREDIT UNI
PO BOX 8050
PLYMOUTH, MI 48170
* $ 398,493,000 68 $ 4,174,000
COUNTRYWIDE BANK FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 92,836,714,000 55 $ 5,417,000
INDEPENDENT MORTGAGE CO
230 W MAIN ST
IONIA, MI 48846
* $ 15,000,000 44 $ 4,763,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 1,427,550,000 29 $ 763,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 26 $ 2,598,000
BENEFICIAL COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 20 $ 1,811,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,179,390,000,000 19 $ 1,642,000
CITIFINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 18 $ 820,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 398,671,000,000 17 $ 1,236,000
TAYLOR, BEAN & WHITAKER
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 16 $ 2,213,000
HFC COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 16 $ 1,285,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,650,000 13 $ 1,547,000
WASHINGTON MUTUAL BANK
227 EAST AVENUE
ALBION, NY 14411
* $ 345,610,758,000 13 $ 1,657,000
CITIZENS BANK
328 S SAGINAW ST
FLINT, MI 48502
* $ 7,516,604,000 13 $ 1,479,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 12 $ 1,499,000
EQUIFIRST CORPORATION
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 138,667,948,000 10 $ 1,761,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 52,671,972,000 10 $ 1,067,000
CHASE MANHATTAN BANK USA, NA
200 WHITE CLAY CENTER DR
NEWARK, DE 19711
* $ 83,973,505,000 9 $ 858,000
HOMECOMINGS FINANCIAL LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 8 $ 842,000
ABN AMRO MTG GROUP INC
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 250,000,000 8 $ 1,026,000
HOME LOAN INVESTMENT BANK
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 254,471,000 8 $ 517,000
NPB MORTGAGE LLC
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 145,000,000 8 $ 560,000
INDYMAC BANK, F.S.B.
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 28,740,902,000 7 $ 648,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 19,937,022,000 7 $ 816,000
OPTION ONE MORTGAGE CORP
6501 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 10,000,000 7 $ 1,092,000
ACCREDITED HOME LENDERS, INC
15253 AVENUE OF SCIENCE BLDG 1
SAN DIEGO, CA 92128
* $ 10,000,000 6 $ 975,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 15,464,820,000 6 $ 818,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 6 $ 328,000
NOVASTAR MORTGAGE
2114 CENTRAL SUITE 600
KANSAS CITY, MO 64108
* $ 10,000,000 5 $ 875,000
ELOAN
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 5 $ 537,000
FIRST FRANKLIN FINANCIAL CORP
2150 NORTH FIRST STREET
SAN JOSE, CA 95131
* $ 14,004,000 5 $ 496,000
DELTA FUNDING CORPORATION
1000 WOODBURY ROAD
WOODBURY, NY 11797
* $ 31,000,000 5 $ 672,000
LASALLE BANK MIDWEST, NA
2600 WEST BIG BEAVER ROAD
TROY, MI 48084
* $ 49,751,517,000 5 $ 301,000
FIFTH THIRD BANK MICHIGAN
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,441,275,000 5 $ 371,000
WELLS FARGO FIN'L AMERICA, INC
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 5 $ 473,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 182,588,156,000 4 $ 352,000
WACHOVIA MORTGAGE CORP
301 S COLLEGE ST
CHARLOTTE, NC 28202
* $ 2,687,938,000 4 $ 476,000
COMERICA BANK
500 WOODWARD AVE - MC 3352
DETROIT, MI 48226
* $ 58,543,306,000 4 $ 667,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 4 $ 297,000
GE MONEY BANK
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 12,595,722,000 4 $ 648,000
AMTRUST BANK
1801 E. 9TH ST #200
CLEVELAND, OH 44114
* $ 18,091,851,000 4 $ 657,000
AURORA BANK FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 19,105,280,000 4 $ 417,000
FIRST NLC FINANCIAL SERVICES,
4680 CONFERENCE WAY SOUTH
BOCA RATON, FL 33431
* $ 10,000,000 4 $ 768,000
MORTGAGE IT INC
60 WALL ST
NEW YORK, NY 10005
* $ 10,000,000 4 $ 405,000
RESIDENTIAL FUNDING CORP. LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 4 $ 252,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 4 $ 481,000
VIBE
44575 W 12 MILE
NOVI, MI 48377
* $ 367,186,000 3 $ 172,000
WILMINGTON FINANCE, INC.
620 W GERMANTOWN RD
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 3 $ 384,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 3 $ 483,000
ARBOR MORTGAGE CORPORATION
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 3 $ 488,000
NFCU
820 FOLLIN LANE
VIENNA, VA 22180
* $ 27,121,892,000 3 $ 33,000
BNC MORTGAGE
745 SEVENTH AVENUE, 24TH FLOOR
NEW YORK, NY 10019
* $ 2,500,000,000 3 $ 755,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 217,802,326,000 3 $ 429,000
RBS CITIZENS, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 17,125,177,000 3 $ 202,000
US BANK NORTH DAKOTA
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 4,419,450,000 3 $ 254,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,196,123,794,000 3 $ 149,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 390,576,000 3 $ 189,000
NATIONWIDE MORTGAGE CONCEPTS,
40380 DESERT CREEK LANE
RANCHO MIRAGE, CA 92270
* $ 10,000,000 3 $ 497,000
FIRST NATIONAL ACCEPTANCE COMPANY
241 EAST SAGINAW/P.O. BOX 980
EAST LANSING, MI 48826
* $ 10,498,000 3 $ 252,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 2 $ 315,000
1ST SOURCE BANK
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46634
* $ 3,749,510,000 2 $ 165,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 3,781,333,000 2 $ 200,000
CTX MORTGAGE COMPANY, LLC
1603 LBJ FREEWAY FL 6
DALLAS, TX 75234
* $ 31,000,000 2 $ 109,000
CAPITAL MORTGAGE FUNDING, LLC
17170 WEST 12 MILE ROAD
SOUTHFIELD, MI 48076
* $ 10,000,000 2 $ 78,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 2 $ 346,000
GREENLIGHT FINANCIAL SERVICES
18200 VON KARMAN STE #300
IRVINE, CA 92612
* $ 10,000,000 2 $ 190,000
LIME FINANCIAL SERVICES, LTD.
3815 SOUTH WEST TEMPLE
SALT LAKE CITY, UT 84115
* $ 10,000,000 2 $ 98,000
THE HUNTINGTON NATIONAL BANK
7575 HUNTINGTON PARK DR
COLUMBUS, OH 43235
* $ 34,914,009,000 2 $ 173,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 13,489,917,000 2 $ 108,000
FIRST PLACE BANK
999 E MAIN ST
RAVENNA, OH 44266
* $ 3,057,363,000 2 $ 227,000
FREMONT INVESTMENT & LOAN
2727 E. IMPERIAL HIGHWAY
BREA, CA 92821
* $ 12,762,288,000 2 $ 544,000
CF BANCORP MORTGAGE COMPANY
525 WATER STREET
PORT HURON, MI 48060
* $ 1,422,966,000 2 $ 132,000
DECISION ONE MORTGAGE
26525 N. RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 12,000,000 2 $ 180,000
RIVERTRUST MORTGAGE
6207 HARVEY STREET, SUITE B
MUSKEGON, MI 49444
* $ 11,000,000 2 $ 180,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 2 $ 498,000
TRANEX FINANCIAL INC.
26200 AMERICAN DRIVE
SOUTHFIELD, MI 48034
* $ 10,000,000 2 $ 306,000
1ST ADVANTAGE MORTGAGE
701 E 22ND ST, STE 125
LOMBARD, IL 60148
* $ 10,000,000 2 $ 353,000
D & R MORTGAGE CORP
29870 MIDDLEBELT ROAD
FARMINGTON HILLS, MI 48334
* $ 10,000,000 1 $ 111,000
CALUSA INVESTMENTS, L.L.C.
P.O. BOX 710840
HERNDON, VA 20171
* $ 10,000,000 1 $ 99,000
ARK-LA-TEX FINANCIAL SERVICES
5160 TENNYSON PKWY, SUITE 2000W
PLANO, TX 75024
* $ 10,000,000 1 $ 480,000
HOME LOAN CENTER
163 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 10,000,000 1 $ 125,000
JOLT CREDIT UNION
6180 STATE STREET
SAGINAW, MI 48603
* $ 204,168,000 1 $ 57,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 962,595,000 1 $ 123,000
UNITED FINANCIAL CREDIT UNION
4685 STATE ST.
SAGINAW, MI 48603
* $ 88,080,000 1 $ 66,000
FRANKENMUTH CREDIT UNION
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 156,293,000 1 $ 89,000
ALLIANCE CATHOLIC CREDIT UNION
26913 NORTHWESTERN HWY STE 520
SOUTHFIELD, MI 48033
* $ 196,330,000 1 $ 40,000
EDUCATION PLUS CREDIT UNION
15470 S TELEGRAPH
MONROE, MI 48161
* $ 46,152,000 1 $ 78,000
TEAM ONE CREDIT UNION
520 HAYDEN
SAGINAW, MI 48607
* $ 254,165,000 1 $ 40,000
GUARDIAN MORTGAGE COMPANY, INC
100 N. CENTRAL EXPRESSWAY SUITE 190
RICHARDSON, TX 75083
* $ 10,000,000 1 $ 49,000
LENDSOURCE INC
12701 WHITEWATER DR STE 340
MINNETONKA, MN 55343
* $ 10,000,000 1 $ 91,000
MBS MORTGAGE COMPANY LLC
28345 BECK RD.
WIXOM, MI 48393
* $ 10,000,000 1 $ 63,000
ARGENT MORTGAGE COMPANY
1100 TOWN & COUNTRY
ORANGE, CA 92868
* $ 10,000,000 1 $ 54,000
GMS FUNDING, LLC
824 MEETING STREET
WEST COLUMBIA, SC 29169
* $ 417,745,000 1 $ 145,000
NEW STATE MORTGAGE COMPANY
8401 VIRGINIA STREET
MERRILLVILE, IN 46410
* $ 10,000,000 1 $ 180,000
MORGAN STANLEY CREDIT CORP
75 N. FAIRWAY DRIVE
VERNON HILLS, IL 60061
* $ 10,000,000 1 $ 122,000
HSBC MORTGAGE SERVICES, INC.
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 16,981,282,000 1 $ 177,000
ROSE LAND AND FINANCE CORP.
241 EAST SAGINAW PO BOX 980
EAST LANSING, MI 48826
* $ 546,462,000 1 $ 63,000
MIDWEST LOAN SOLUTIONS, INC.
29777 TELEGRAPH RD. SUITE 3580
SOUTHFIELD, MI 48034
* $ 46,200,000 1 $ 106,000
CF BANCORP
525 WATER STREET
PORT HURON, MI 48060
* $ 1,767,669,000 1 $ 25,000
GUARANTY BANK
8333 DOUGLAS AVENUE
DALLAS, TX 75225
* $ 16,249,177,000 1 $ 90,000
MBT CREDIT CO
102 E FRONT ST
MONROE, MI 48161
* $ 1,409,770,000 1 $ 208,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 304,044,000 1 $ 64,000
M&I BANK FSB
W57N14280 DOERR WAY
CEDARBURG, WI 53012
* $ 1,112,383,000 1 $ 180,000
SECURITY CREDIT UNION
3801 W BOULEVARD DR BOX 5160
FLINT, MI 48505
* $ 255,893,000 1 $ 80,000
CORINTHIAN MORTGAGE CORP
5750 W 95TH STREET, SUITE 155
OVERLAND PARK, KS 66207
* $ 341,661,000 1 $ 124,000
THRIVENT FINANCIAL BANK
122 EAST COLLEGE AVE., SUITE 1E
APPLETON, WI 54911
* $ 490,969,000 1 $ 33,000
LYDIAN PRIVATE BANK
3801 PGA BLVD SUITE 700
PALM BEACH GARDENS, FL 33410
* $ 1,771,096,000 1 $ 105,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 62,691,446,000 1 $ 190,000
CITIZENS COMMUNITY FEDERAL
PO BOX 218
ALTOONA, WI 54720
* $ 289,910,000 1 $ 26,000
WACHOVIA MORTGAGE FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 146,260,800,000 1 $ 228,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 20,349,757,000 1 $ 105,000
FIRST TENNESSEE BANK NA
165 MADISON 5TH FLOOR
MEMPHIS, TN 38103
* $ 37,608,492,000 1 $ 232,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 186,000
WELLS FARGO BANK, NA
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 518,123,000,000 1 $ 40,000
KEYBANK NATIONAL ASSOCIATION
100 PUBLIC SQUARE STE 600 OH-01-10-06006
CLEVELAND, OH 44113
* $ 88,081,220,000 1 $ 12,000
METLIFE BANK, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 7,246,804,000 1 $ 185,000
HSBC MORTGAGE CORP
2929 WALDEN AVE
DEPEW, NY 14043
* $ 92,958,000 1 $ 200,000
MMS MORTGAGE SERVICES, LTD.
38275 TWELVE MILE RD., SUITE 100
FARMINGTON HILLS, MI 48331
* $ 5,598,000 1 $ 88,000
AMERICAN EQUITY MORTGAGE, INC.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 1 $ 50,000
AMERIQUEST MORTGAGE COMPANY
1100 TOWN & COUNTRY ROAD
ORANGE, CA 92868
* $ 10,000,000 1 $ 136,000
FRANKLIN AMERICAN MORTGAGE CO
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 86,000
NATIONWIDE ADVANTAGE MORTGAGE
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 1 $ 65,000
SHORE MORTGAGE
770 S. ADAMS ROAD #300
BIRMINGHAM, MI 48009
* $ 10,000,000 1 $ 108,000
BIRMINGHAM BANCORP MORTGAGE
6230 ORCHARD LAKE ROAD
WEST BLOOMFIELD, MI 48322
* $ 10,000,000 1 $ 65,000
CASTLE POINT MORTGAGE, INC.
7 ENTIN ROAD, STE. 102
PARSIPPANY, NJ 07054
* $ 16,999,000 1 $ 220,000
EQUITY ONE
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 21,874,000,000 1 $ 44,000
PARAMOUNT BANK
31000 NORTHWESTERN HWY., #200
FARMINGTON HILLS, MI 48334
* $ 269,424,000 1 $ 100,000
M&T BANK
1 M&T PLAZA -15TH FLOOR
BUFFALO, NY 14203
* $ 56,382,388,000 1 $ 67,000
FIRST BANK
600 JAMES MCDONNELL BLVD
HAZELWOOD, MO 63042
* $ 10,106,419,000 1 $ 156,000

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 Montmorency 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 592 $64,570,000 $109,000 $500,000 $59,000 $540,000
Home Purchase 174 $15,731,000 $90,000 $400,000 $74,000 $360,000
Home Improvement 83 $3,837,000 $46,000 $232,000 $47,000 $163,000

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 704 $70,015,000 $99,000 $500,000 $66,000 $540,000
Not Provided 82 $7,822,000 $95,000 $230,000 $49,000 $142,000
Not applicable 53 $5,492,000 $103,000 $252,000 $13,000 $118,000
Hispanic 7 $592,000 $84,000 $232,000 $90,000 $169,000
American Indian or Alaskan Native 2 $137,000 $68,000 $72,000 $67,000 $99,000
Black or African American 1 $80,000 $80,000 $80,000 $44,000 $44,000
Asian 0 $0 $0 $0 $0 $0
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) 806 $80,451,000 $99,000 $500,000 $63,000 $540,000
FHA-insured (Federal Housing Administration) 33 $3,016,000 $91,000 $207,000 $29,000 $76,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 8 $411,000 $51,000 $71,000 $21,000 $27,000
VA-guaranteed (Veterans Administration) 2 $260,000 $130,000 $186,000 $32,000 $41,000

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 345 $30,760,000 $89,000 $450,000 $67,000 $487,000
Application Denied By Financial Institution 218 $21,805,000 $100,000 $480,000 $54,000 $540,000
Loan Purchased By The Institution 139 $15,684,000 $112,000 $277,000 $53,000 $348,000
Application Approved But Not Accepted 81 $7,319,000 $90,000 $350,000 $58,000 $360,000
Application Withdrawn By Applicant 49 $6,270,000 $127,000 $500,000 $71,000 $364,000
File Closed For Incompleteness 17 $2,300,000 $135,000 $272,000 $87,000 $420,000
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 41 $3,510,000 $85,000 $404,000 $46,000 $137,000
Collateral 32 $3,198,000 $99,000 $232,000 $59,000 $168,000
Debt-To-Income Ratio 27 $2,914,000 $107,000 $226,000 $46,000 $100,000
Other 17 $2,124,000 $124,000 $369,000 $65,000 $239,000
Unverifiable Information 7 $1,329,000 $189,000 $480,000 $110,000 $364,000
Credit Application Incomplete 7 $601,000 $85,000 $134,000 $43,000 $72,000
Employment History 1 $108,000 $108,000 $108,000 $57,000 $57,000
Insufficient Cash (Downpayment, Closing Cost) 1 $180,000 $180,000 $180,000 $48,000 $48,000
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