Oceana County MI
Mortgage Loan Application
Totals and Details
for 2008

Find mortgage statistics and lending data for the Oceana 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 Oceana 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 1,256
Total Mortgage Loan Application Amount $150,531,000
Average Mortgage Loan Application Amount $119,000
Highest Mortgage Loan Application Amount $998,000
Average Applicant Income $68,000
Highest Applicant Income $1,590,000

Mortgage Company List for Lending in Oceana County MI for 2008

* 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
SSB MORTGAGE COMPANY
242 N MICHIGAN AVE
SHELBY, MI 49455
* $ 143,820,000 143 $ 12,199,000
THE HUNTINGTON NATIONAL BANK
7575 HUNTINGTON PARK DR
COLUMBUS, OH 43235
* $ 54,098,791,000 137 $ 15,461,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,650,000 105 $ 15,195,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,318,888,000,000 74 $ 8,988,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 61,450,273,000 68 $ 9,707,000
COUNTRYWIDE BANK FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 121,054,736,000 48 $ 7,986,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 37 $ 4,332,000
FLAGSTAR BANK
5151 CORPORATE DR
TROY, MI 48098
* $ 15,757,171,000 36 $ 4,913,000
CITIFINANCIAL, INC.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 36 $ 2,081,000
BENEFICIAL COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 33 $ 3,921,000
NATIONAL CITY BANK
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 138,755,343,000 26 $ 3,097,000
WELLS FARGO BANK, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 467,861,000,000 25 $ 3,226,000
GERBER FEDERAL CREDIT UNION
508 STATE STREET PO BOX 116
FREMONT, MI 49412
* $ 100,359,000 25 $ 1,502,000
INDEPENDENT MORTGAGE CO
230 W MAIN ST
IONIA, MI 48846
* $ 3,268,684,000 22 $ 2,433,000
CITIMORTGAGE, INC
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 20 $ 2,557,000
FIFTH THIRD BANK MICHIGAN
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 53,421,606,000 17 $ 1,554,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 1,285,200,000 14 $ 1,826,000
HARBORLIGHT
2151 COGSWELL DR.
WHITEHALL, MI 49461
* $ 74,029,000 13 $ 1,244,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 13 $ 1,354,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 395,864,000 13 $ 466,000
CITICORP TRUST BANK, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 18,878,056,000 12 $ 1,586,000
US BANK, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 232,759,503,000 11 $ 1,852,000
TAYLOR, BEAN & WHITAKER
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 10 $ 1,276,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 10 $ 1,078,000
ELOAN
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 9 $ 899,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 28,404,352,000 9 $ 858,000
SUNTRUST MORTGAGE, INC
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 175,107,526,000 8 $ 1,671,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 3,746,851,000 8 $ 1,427,000
ARBOR MORTGAGE CORPORATION
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 8 $ 766,000
CSMC, INC
10425 W NORTH AVENUE SUITE 100
WAUWATOSA, WI 53226
* $ 10,000,000 7 $ 648,000
WELLS FARGO FUNDING, INC
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 7 $ 1,166,000
BANK OF AMERICA, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,312,794,218,000 7 $ 1,891,000
FIRST TENNESSEE BANK NA
165 MADISON 5TH FLOOR
MEMPHIS, TN 38103
* $ 36,725,591,000 6 $ 677,000
BYRON BANK
2445 84TH STREET SW
BYRON CENTER, MI 49316
* $ 741,439,000 6 $ 1,551,000
NPB MORTGAGE LLC
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 145,000,000 6 $ 264,000
THE SHELBY STATE BANK
242 N MICHIGAN AVE
SHELBY, MI 49455
* $ 172,658,000 6 $ 38,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 6 $ 983,000
SHORE MORTGAGE
770 S. ADAMS ROAD #300
BIRMINGHAM, MI 48009
* $ 10,000,000 6 $ 776,000
NATIONWIDE ADVANTAGE MORTGAGE
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 5 $ 601,000
FIRST RESIDENTIAL MORTGAGE
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 5 $ 907,000
GE MONEY BANK
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 14,839,190,000 5 $ 77,000
CHOICEONE MORTGAGE CO OF MI
450 W MUSKEGON PO BOX 248
KENT CITY, MI 49330
* $ 466,853,000 5 $ 495,000
WELLS FARGO FIN'L AMERICA, INC
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 5 $ 383,000
MERCANTILE BANK MTG CO LLC
4613 ALPINE AVE NW
COMSTOCK PARK, MI 49321
* $ 698,000,000 5 $ 1,326,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 3,268,684,000 5 $ 105,000
HFC COMPANY LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 4 $ 505,000
ING BANK, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 79,977,597,000 4 $ 1,251,000
FIRST PLACE BANK
185 EAST MARKET
WARREN, OH 44481
* $ 33,000 4 $ 533,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 4 $ 358,000
HOMEPLUS FINANCE CORPORATION
2143 S. SEPULVEDA BLVD
LOS ANGELES, CA 90025
* $ 40,000,000 4 $ 34,000
NATIONWIDE MORTGAGE CONCEPTS,
40380 DESERT CREEK LANE
RANCHO MIRAGE, CA 92270
* $ 10,000,000 3 $ 331,000
BIRMINGHAM BANCORP MORTGAGE
6230 ORCHARD LAKE ROAD
WEST BLOOMFIELD, MI 48322
* $ 10,000,000 3 $ 265,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 3 $ 319,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 3 $ 527,000
BEST FINANCIAL CREDIT UNION
1888 E SHERMAN BLVD
MUSKEGON, MI 49444
* $ 45,371,000 3 $ 69,000
FAMILY FINANCIAL CREDIT UNION
3575 HENRY ST
MUSKEGON, MI 49441
* $ 58,771,000 3 $ 90,000
D & R MORTGAGE CORP
29870 MIDDLEBELT ROAD
FARMINGTON HILLS, MI 48334
* $ 10,000,000 3 $ 501,000
MIDFIRST BANK
501 NW GRAND BLVD.
OKLAHOMA CITY, OK 73118
* $ 12,970,989,000 3 $ 274,000
BENEFICIAL FINANCIAL I, INC.
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 11,000,000 3 $ 352,000
EQUIFIRST CORPORATION
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 343,735,670,000 3 $ 503,000
MACATAWA BANK
PO BOX 3119
HOLLAND, MI 49422
* $ 2,130,869,000 3 $ 635,000
COMERICA BANK
500 WOODWARD AVE - MC 3352
DETROIT, MI 48226
* $ 62,539,056,000 3 $ 287,000
CAPITAL ONE NA
11130 INDUSTRIALPLEX BLVD
BATON ROUGE, LA 70809
* $ 97,517,902,000 3 $ 38,000
TCF NATIONAL BANK
2508 LOUISE AVE S (002-01-P)
SIOUX FALLS, SD 57106
* $ 16,041,338,000 2 $ 166,000
CAPITAL ONE HOME LOANS, LLC
12800 FOSTER STREET
OVERLAND PARK, KS 66213
* $ 88,701,411,000 2 $ 494,000
CITIBANK, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,251,715,000,000 2 $ 84,000
RBS CITIZENS, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 128,863,082,000 2 $ 297,000
FIRST NATIONAL ACCEPTANCE COMPANY
241 EAST SAGINAW/P.O. BOX 980
EAST LANSING, MI 48826
* $ 10,498,000 2 $ 142,000
COUNTRYWIDE HOME LOANS
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 199,946,230,000 2 $ 114,000
COMMUNITY SHORES BANK CORPORATION
1030 W NORTON
MUSKEGON, MI 49441
* $ 273,149,000 2 $ 163,000
UNION BANK MORTGAGE COMPANY
933 FOURTH AVE
LAKE ODESSA, MI 48849
* $ 115,997,000 2 $ 178,000
PRAIRIE STATE BANK AND TRUST
3751 W. WABASH AVE
SPRINGFIELD, IL 62711
* $ 423,435,000 2 $ 416,000
GRAND HAVEN BANK
333 WASHINGTON AVENUE
GRAND HAVEN, MI 49417
* $ 131,228,000 2 $ 148,000
BRANCH BANKING AND TRUST CO
223 W NASH STREET
WILSON, NC 27893
* $ 127,698,351,000 2 $ 187,000
WACHOVIA MORTGAGE FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 56,294,475,000 2 $ 187,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 30,219,506,000 2 $ 126,000
CHARLES SCHWAB BANK
211 MAIN STREET
SAN FRANCISCO, CA 94105
* $ 14,762,983,000 2 $ 557,000
PROVIDENCE MORTGAGE COMPANY
500 N HOMER
LANSING, MI 48912
* $ 10,000,000 2 $ 546,000
MY PERSONAL
1414 BURTON SW
WYOMING, MI 49509
* $ 83,796,000 2 $ 129,000
PREFERRED CREDIT UNION
3767 SPARKS DR SE
GRAND RAPIDS, MI 49546
* $ 73,031,000 2 $ 15,000
NUUNION CREDIT UNION
501 S CAPITOL
LANSING, MI 48933
* $ 794,379,000 2 $ 35,000
MICHIGAN EDUCATIONAL
9200 HAGGERTY ROAD
PLYMOUTH, MI 48170
* $ 490,619,000 2 $ 221,000
ASSURITY FINANCIAL SERVICES
6025 SOUTH QUEBEC STREET, #260
ENGLEWOOD, CO 80111
* $ 10,000,000 2 $ 192,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 2 $ 392,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 2 $ 230,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ 10,000,000 2 $ 800,000
CASTLE POINT MORTGAGE, INC.
7 ENTIN ROAD, STE. 102
PARSIPPANY, NJ 07054
* $ 16,999,000 2 $ 116,000
RMC VANGUARD
7670 WOODWAY, SUITE 162
HOUSTON, TX 77063
* $ 20,000,000 1 $ 202,000
PLATINUM HOME MORTGAGE CORPORATION
2200 HICKS RD, STE 101
ROLLING MEADOWS, IL 60008
* $ 10,000,000 1 $ 192,000
FRANKLIN AMERICAN MORTGAGE CO
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 100,000
HOMECOMINGS FINANCIAL LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 1 $ 163,000
RIVERTRUST MORTGAGE
6207 HARVEY STREET, SUITE B
MUSKEGON, MI 49444
* $ 11,000,000 1 $ 50,000
CGB AGRI FINANCIAL SERVICES
2209 RIVER ROAD
LOUISVILLE, KY 40206
* $ 433,538,000 1 $ 206,000
RESIDENTIAL FUNDING CORP. LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 1 $ 91,000
AMERICAN GENERAL FIN.SERV.(DE)
601 N.W. SECOND STREET, P.O. BOX 59
EVANSVILLE, IN 47701
* $ 10,000,000 1 $ 71,000
QR LENDING INC
555 ZOR SHRINE PLACE
MADISON, WI 53719
* $ 1,093,327,000 1 $ 215,000
VAN DYK MORTGAGE CORPORATION
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 1 $ 90,000
AMERIPRISE BANK, FSB
707 2ND AVENUE SOUTH
MINNEAPOLIS, MN 55474
* $ 1,560,922,000 1 $ 125,000
DFCU FINANCIAL
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 241,583,000 1 $ 20,000
ALLEN MORTGAGE, LLC
P.O. BOX 1168
CENTENNIAL PARK, AZ 86021
* $ 10,000,000 1 $ 92,000
EVERHOME MORTGAGE COMPANY
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 3,027,261,000 1 $ 236,000
SERVICE 1 FEDERAL CREDIT UNION
1075 E SHERMAN BLVD
MUSKEGON, MI 49444
* $ 59,116,000 1 $ 25,000
SECURITY CREDIT UNION
3801 W BOULEVARD DR BOX 5160
FLINT, MI 48505
* $ 260,620,000 1 $ 45,000
UNITED
2807 SOUTH STATE ST
SAINT JOSEPH, MI 49085
* $ 749,620,000 1 $ 123,000
FINANCIAL PLUS CREDIT UNION
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 287,384,000 1 $ 377,000
SHORE TO SHORE CFCU
4550 DIVISION
TRENTON, MI 48183
* $ 41,650,000 1 $ 40,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 443,804,000 1 $ 168,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,066,680,000 1 $ 50,000
AMERICAN BANK
9001 EDMONSTON ROAD, SUITE 100
GREENBELT, MD 20770
* $ 543,934,000 1 $ 254,000
GUARANTY BANK
8333 DOUGLAS AVENUE
DALLAS, TX 75225
* $ 16,674,004,000 1 $ 140,000
STATE FARM BANK
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 15,898,003,000 1 $ 40,000
CENTIER BANK
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 1,770,082,000 1 $ 26,000
FIRSTBANK - WEST MICHIGAN
302 W MAIN ST
IONIA, MI 48846
* $ 237,977,000 1 $ 119,000
HOMESTAR BANK AND FINANCIAL SERVICES
3 DIVERSATECH DR
MANTENO, IL 60950
* $ 462,816,000 1 $ 19,000
STAR FINANCIAL BANK
127 WEST BERRY ST
FORT WAYNE, IN 46835
* $ 1,597,125,000 1 $ 215,000
WHEATON BANK & TRUST
100 N. WHEATON AVENUE
WHEATON, IL 60187
* $ 315,381,000 1 $ 240,000
WELLS FARGO FIN'L MICHIGAN
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 1 $ 40,000
AMERA MORTGAGE CORPORATION
1050 CORPORATE OFFICE DR #200
MILFORD, MI 48381
* $ 1,247,334,000 1 $ 137,000
MUSKEGON COMMERCE BANK
281 SEMINOLE ROAD
MUSKEGON, MI 49444
* $ 98,996,000 1 $ 34,000
TALMER WEST BANK
2950 STATE STREET SOUTH
ANN ARBOR, MI 48104
* $ 362,429,000 1 $ 35,000
UNITED BANK MORTGAGE CORPORATI
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ 264,000,000 1 $ 417,000
THE BANK OF HOLLAND
150 CENTRAL AVE
HOLLAND, MI 49423
* $ 528,808,000 1 $ 90,000
FIRST STATE MORTGAGE SERVICES, LLC
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 1 $ 77,000
FOUNDERS MORTGAGE COMPANY LLC
5200 CASCADE ROAD SE
GRAND RAPIDS, MI 49546
* $ 197,491,000 1 $ 200,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 311,585,000 1 $ 232,000
NORTH AMERICAN SAVINGS BANK
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,507,032,000 1 $ 262,000
AMTRUST BANK
1801 E. 9TH ST #200
CLEVELAND, OH 44114
* $ 16,938,391,000 1 $ 131,000
1ST SOURCE BANK
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46634
* $ 3,974,460,000 1 $ 235,000
FIFTH THIRD BANK
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 61,450,273,000 1 $ 126,000
LAKE CITY BANK
P.O. BOX 1387
WARSAW, IN 46581
* $ 1,987,544,000 1 $ 340,000
WACHOVIA MORTGAGE CORP
301 S COLLEGE ST
CHARLOTTE, NC 28202
* $ 2,687,938,000 1 $ 100,000
WINTRUST MORTGAGE CORPORATION
660 MIDWEST RD SUITE 100
OAK BROOK TERRACE, IL 60181
* $ 300,000,000 1 $ 109,000
CITIZENS BANK
328 S SAGINAW ST
FLINT, MI 48502
* $ 12,524,748,000 1 $ 72,000
CHOICEONE BANK
109 E. DIVISION ST.
SPARTA, MI 49345
* $ 466,853,000 1 $ 44,000
FIRST COMMUNITY BANK AND TRUST
P O BOX 457
BEECHER, IL 60401
* $ 129,771,000 1 $ 750,000
FIRST FINANCIAL BANK, NATIONAL ASSOCIATION
1401 S. THIRD ST.
TERRE HUATE, IN 47802
* $ 2,151,797,000 1 $ 135,000
AMCORE BANK, N.A.
501 SEVENTH ST
ROCKFORD, IL 61104
* $ 5,153,594,000 1 $ 140,000
BANKMORTGAGESOLUTIONS LLC
14425 COLLEGE BLVD SUITE 100
LENEXA, KS 66215
* $ 11,000,000 1 $ 100,000
HSBC MORTGAGE CORP
2929 WALDEN AVE
DEPEW, NY 14043
* $ 92,958,000 1 $ 124,000
SOUTH CENTRAL BANK, NATIONAL ASSOCIATION
525 W ROOSEVELT RD
CHICAGO, IL 60607
* $ 209,465,000 1 $ 34,000
HARRIS N.A.
111 W. MONROE
CHICAGO, IL 60603
* $ 41,480,283,000 1 $ 985,000

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 Oceana County MI in 2008

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 827 $109,555,000 $132,000 $998,000 $68,000 $1,590,000
Home Purchase 332 $36,198,000 $109,000 $750,000 $74,000 $1,150,000
Home Improvement 97 $4,778,000 $49,000 $252,000 $49,000 $205,000

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 1,000 $124,245,000 $124,000 $998,000 $73,000 $1,590,000
Not Provided 132 $15,447,000 $117,000 $460,000 $65,000 $1,150,000
Hispanic 60 $4,230,000 $70,000 $200,000 $36,000 $150,000
Not applicable 54 $5,664,000 $104,000 $417,000 $26,000 $363,000
American Indian or Alaskan Native 6 $284,000 $47,000 $93,000 $47,000 $87,000
Black or African American 3 $626,000 $208,000 $417,000 $36,000 $90,000
Native Hawaiian or Other Pacific Islander 1 $35,000 $35,000 $35,000 $70,000 $70,000
Asian 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) 1,001 $124,606,000 $124,000 $998,000 $76,000 $1,590,000
FHA-insured (Federal Housing Administration) 213 $22,268,000 $104,000 $262,000 $38,000 $122,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 34 $2,852,000 $83,000 $150,000 $29,000 $58,000
VA-guaranteed (Veterans Administration) 8 $805,000 $100,000 $169,000 $52,000 $86,000

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 609 $72,849,000 $119,000 $998,000 $82,000 $1,150,000
Application Denied By Financial Institution 264 $25,729,000 $97,000 $417,000 $55,000 $1,590,000
Loan Purchased By The Institution 167 $24,403,000 $146,000 $998,000 $36,000 $507,000
Application Withdrawn By Applicant 102 $12,990,000 $127,000 $417,000 $64,000 $264,000
Application Approved But Not Accepted 84 $10,280,000 $122,000 $460,000 $79,000 $721,000
File Closed For Incompleteness 30 $4,280,000 $142,000 $417,000 $65,000 $130,000
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 68 $7,052,000 $103,000 $350,000 $57,000 $137,000
Credit History 42 $2,836,000 $67,000 $254,000 $81,000 $1,590,000
Debt-To-Income Ratio 29 $2,631,000 $90,000 $320,000 $31,000 $104,000
Other 16 $1,757,000 $109,000 $280,000 $68,000 $150,000
Credit Application Incomplete 8 $701,000 $87,000 $138,000 $37,000 $54,000
Unverifiable Information 7 $1,146,000 $163,000 $417,000 $61,000 $172,000
Employment History 2 $209,000 $104,000 $109,000 $25,000 $28,000
Insufficient Cash (Downpayment, Closing Cost) 1 $57,000 $57,000 $57,000 $18,000 $18,000
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