Traverse City, MI Metro Area Mortgage Lenders & HMDA Data, 2025

In 2025, lenders reported 7,300 mortgage applications in Traverse City, MI metro area totaling $2.3 billion, up 18% from 2024. The average application was for $308,869, and applicants reported an average income of $178,000. 58% of applications resulted in an originated loan and 15% were denied. The most active lender was Huntington National Bank, with 707 applications, followed by United Wholesale Mortgage and Lake Michigan Credit Union.

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Years 2025  2024  
Total Number of Mortgage Applications 7,300
Total Mortgage Loan Application Amount $2,254,750,000
Average Mortgage Loan Application Amount $308,869
Highest Mortgage Loan Application Amount $45,825,000
Average Applicant Income $178,000
Highest Applicant Income $6,779,000

Mortgage Company List for Lending in Traverse City, MI for 2025

* 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
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ n/a 707 $ 141,165,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 587 $ 203,185,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ n/a 505 $ 153,015,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ n/a 369 $ 72,025,000
4front Credit Union
101 N PARK ST
TRAVERSE CITY, MI 49685
* $ n/a 327 $ 57,755,000
Credit Union One
400 E NINE MILE RD
FERNDALE, MI 48220
* $ n/a 244 $ 43,710,000
Independent Bank
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ n/a 235 $ 89,885,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 195 $ 81,985,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ n/a 172 $ 11,140,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 164 $ 45,040,000
Msu Federal Credit Union
3777 WEST ROAD
EAST LANSING, MI 48823
* $ n/a 155 $ 34,705,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 116 $ 45,080,000
Mercantile Bank
310 LEONARD STREET NORTH WEST
GRAND RAPIDS, MI 49504
* $ n/a 110 $ 48,900,000
State Savings Bank
703 MAIN ST
FRANKFORT, MI 49635
* $ n/a 92 $ 37,980,000
Calcon Mutual Mortgage LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ n/a 90 $ 29,270,000
Honor Bank
2254 HENRY ST
HONOR, MI 49640
* $ n/a 88 $ 34,150,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ n/a 81 $ 5,625,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 78 $ 37,080,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 70 $ 24,760,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 69 $ 14,085,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 69 $ 6,545,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ n/a 66 $ 29,680,000
West Shore Bank
201 W LOOMIS PO BOX 627
LUDINGTON, MI 49431
* $ n/a 59 $ 37,835,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 59 $ 53,095,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 56 $ 13,040,000
Genisys Credit Union
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ n/a 56 $ 32,940,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ n/a 55 $ 4,405,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 52 $ 17,250,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 51 $ 11,105,000
Dart Bank
368 S. PARK ST.
MASON, MI 48854
* $ n/a 49 $ 20,455,000
Zippy Loans, LLC
2807 ALLEN ST
DALLAS, TX 75204
* $ n/a 44 $ 2,130,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 42 $ 15,360,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 42 $ 9,410,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 39 $ 6,175,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ n/a 38 $ 10,380,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 37 $ 10,595,000
Nicolet National Bank
111 N WASHINGTON ST
GREEN BAY, WI 54301
* $ n/a 36 $ 25,690,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 35 $ 10,965,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 33 $ 3,655,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 32 $ 9,860,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 32 $ 9,330,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ n/a 31 $ 8,845,000
Staunton Financial Inc
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48076
* $ n/a 30 $ 9,740,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 30 $ 6,120,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 30 $ 10,730,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ n/a 30 $ 10,920,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 30 $ 8,970,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 29 $ 9,275,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 26 $ 1,910,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 24 $ 7,840,000
Flagstar Bank NA

TROY, MI 49098
* $ n/a 24 $ 16,490,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ n/a 23 $ 22,295,000
The Loan Store, Inc

TUCSON, AZ 85718
* $ n/a 21 $ 7,445,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ n/a 20 $ 6,680,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 20 $ 9,780,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ n/a 20 $ 900,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 20 $ 8,230,000
Consumers Credit Union
PO BOX 525
KALAMAZOO, MI 49009
* $ n/a 19 $ 6,535,000
Mortgage 1 Incorporated
43456 MOUND ROAD
STERLING HEIGHTS, MI 48314
* $ n/a 18 $ 4,700,000
Michigan Schools and Governmen
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ n/a 18 $ 3,260,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ n/a 17 $ 3,375,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ n/a 16 $ 1,690,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ n/a 16 $ 3,570,000
Mortgage300 Corporation
10 SE CENTRAL PARKWAY SUITE 325
STUART, FL 34994
* $ n/a 15 $ 4,675,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ n/a 15 $ 4,215,000
Change Lending
175 N. RIVERVIEW DRIVE SUITE C
ANAHEIM, CA 92808
* $ n/a 14 $ 4,680,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 14 $ 8,640,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ n/a 14 $ 9,560,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ n/a 13 $ 1,485,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ n/a 13 $ 3,835,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 13 $ 2,735,000
Redwood Residential Acquisition Corporation
1 BELVEDERE PLACE
MILL VALLEY, CA 94951
* $ n/a 12 $ 9,370,000
Dfcu Financial
400 TOWN CENTER DRIVE
DEARBORN, MI 48121
* $ n/a 12 $ 2,860,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ n/a 12 $ 3,480,000
UBS Bank USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ n/a 12 $ 9,790,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ n/a 11 $ 2,295,000
Mortgage Center Lc
26555 EVERGREEN RD SUITE 900
SOUTHFIELD, MI 48076
* $ n/a 11 $ 3,685,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ n/a 11 $ 2,175,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 11 $ 3,505,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ n/a 11 $ 4,175,000
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ n/a 11 $ 5,585,000
Neighborhood Loans, Inc
1333 BUTTERFIELD RD SUITE 600
DOWNERS GROVE, IL 60515
* $ n/a 11 $ 3,025,000
Horizon Bank
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ n/a 10 $ 2,300,000
Lendage, LLC dba Achieve Loans
1875 S GRANT ST
SAN MATEO, CA 94402
* $ n/a 10 $ 700,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ n/a 10 $ 2,610,000
Frankenmuth Credit Union
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ n/a 10 $ 3,400,000
First Merchants Bank
200 E. JACKSON ST.
MUNCIE, IN 47305
* $ n/a 9 $ 7,135,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 9 $ 2,295,000
Citibank, NA

NEW YORK, NY 10012
* $ n/a 9 $ 6,115,000
Fourleaf Federal Credit Union
899 SOUTH OYSTER BAY ROAD
BETHPAGE, NY 11714
* $ n/a 9 $ 1,795,000
Community Financial
500 S HARVEY ST
PLYMOUTH, MI 48170
* $ n/a 9 $ 1,585,000
United Federal Credit Union
2807 SOUTH STATE ST
ST. JOSEPH, MI 49085
* $ n/a 9 $ 3,555,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ n/a 8 $ 1,200,000
Charles Schwab Bank, SSB

LONE TREE, CO 80124
* $ n/a 8 $ 6,720,000
Team One Credit Union
520 HAYDEN
SAGINAW, MI 48607
* $ n/a 8 $ 2,340,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ n/a 8 $ 1,350,000
Arbor Financial Credit Union
1551 SOUTH 9TH STREET
KALAMAZOO, MI 49009
* $ n/a 7 $ 2,795,000
Superior National Bank
235 QUINCY ST
HANCOCK, MI 49930
* $ n/a 7 $ 2,265,000
Isabella Bank
139 E. BROADWAY
MT PLEASANT, MI 48858
* $ n/a 7 $ 2,105,000
Comerica Bank

FARMINGTON HILLS, MI 48331
* $ n/a 7 $ 2,105,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ n/a 7 $ 1,205,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ n/a 7 $ 2,915,000
Advantagefirst Lending Inc
2 SOUTH POINTE DRIVE SUITES 200-235
LAKE FOREST, CA 92630
* $ n/a 7 $ 1,545,000
Valon Mortgage
14647 S 50TH ST, STE A150
PHOENIX, AZ 85044
* $ n/a 7 $ 665,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ n/a 7 $ 2,225,000
University of Michigan Credit Union
340 E. HURON
ANN ARBOR, MI 48104
* $ n/a 7 $ 1,085,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ n/a 7 $ 1,865,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ n/a 7 $ 4,395,000
Stifel Bank & Trust
501 NORTH BROADWAY
ST. LOUIS, MO 63102
* $ n/a 6 $ 2,570,000
Hall Financial
888 W BIG BEAVER RD, SUITE 800
TROY, MI 48083
* $ n/a 6 $ 1,350,000
Dort Financial Credit Union
9048 HOLLY ROAD
GRAND BLANC, MI 48439
* $ n/a 6 $ 1,000,000
Smartfi Home Loans

SAN DIEGO, CA 92122
* $ n/a 6 $ 890,000
Dow Credit Union
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ n/a 6 $ 1,720,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ n/a 6 $ 1,400,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ n/a 6 $ 4,120,000
Legacy Mortgage
1537 E HILL RD SUITE 100
GRAND BLANC, MI 48439
* $ n/a 6 $ 1,570,000
Sage Home Loans Corporation
1423 RED VENTURES DRIVE SUITE 201
FORT MILL, SC 29707
* $ n/a 6 $ 1,860,000
Jmac Lending, Inc.
2510 RED HILL AVENUE
SANTA ANA, CA 92705
* $ n/a 6 $ 2,300,000
Northern Mortgage Services, LLC
3714 28TH ST SW
GRANDVILLE, MI 49418
* $ n/a 6 $ 2,050,000
Tomo Mortgage LLC
909 THIRD AVENUE 9TH FL
NEW YORK, NY 10018
* $ n/a 6 $ 1,690,000
Angel Oak Mortgage Solutions LLC
980 HAMMOND DRIVE, SUITE 850
ATLANTA, GA 30328
* $ n/a 6 $ 2,530,000
The Mortgage Link, Inc.
3 RESEARCH PL #100
ROCKVILLE, MD 20850
* $ n/a 5 $ 1,885,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ n/a 5 $ 1,095,000
Luminate Bank
2523 SOUTH WAYZATA BOULEVARD SUITE 100
MINNEAPOLIS, MN 55405
* $ n/a 5 $ 2,635,000
Chartwell Financial, LLC
2015 SPRING RD # 600
OAK BROOK, IL 60523
* $ n/a 5 $ 185,000
Raymond James Bank
710 CARILLON PARKWAY
SAINT PETERSBURG, FL 33716
* $ n/a 5 $ 5,535,000
Stockton Mortgage Corporation
88 C MICHAEL DAVENPORT BLVD.
FRANKFORT, KY 40601
* $ n/a 5 $ 1,395,000
University Bank
2015 WASHTENAW AVE
ANN ARBOR, MI 48104
* $ n/a 5 $ 2,245,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ n/a 5 $ 945,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ n/a 5 $ 2,065,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 5 $ 1,345,000
Choiceone Bank
109 E. DIVISION ST.
SPARTA, MI 49345
* $ n/a 5 $ 1,335,000
Case Credit Union
PO BOX 22158 4316 SOUTH PENNSYLVANIA AVENUE
LANSING, MI 48909
* $ n/a 4 $ 450,000
Lendsure Mortgage Corp.
16959 BERNARDO CENTER DR, #102
SAN DIEGO, CA 92128
* $ n/a 4 $ 1,310,000
Gte Federal Credit Union
711 E HENDERSON AVENUE
TAMPA, FL 33602
* $ n/a 4 $ 490,000
Ross Mortgage Corporation
2075 W. BIG BEAVER, SUITE 700
TROY, MI 48084
* $ n/a 4 $ 1,620,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ n/a 4 $ 1,260,000
Michigan First Credit Union
27000 EVERGREEN
LATHRUP VILLAGE, MI 48076
* $ n/a 4 $ 2,330,000
Success Mortgage Partners, Inc
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ n/a 4 $ 1,220,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ n/a 4 $ 2,130,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ n/a 4 $ 410,000
Amwest Funding Corp
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ n/a 4 $ 1,450,000
Cornerstone First Mortgage, LLC
2655 CAMINO DEL RIO N #450
SAN DIEGO, CA 92108
* $ n/a 4 $ 2,500,000
Originpoint, LLC
1800 W LARCHMONT AVE SUITE 305
CHICAGO, IL 60613
* $ n/a 3 $ 945,000
Goldman Sachs Bank USA
200 WEST STREET
NEW YORK, NY 10282
* $ n/a 3 $ 3,535,000
Residential Wholesale Mortgage
11234 EL CAMINO REAL #100
SAN DIEGO, CA 92130
* $ n/a 3 $ 655,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ n/a 3 $ 6,075,000
Champions Funding, LLC
365 E GERMANN RD #140
GILBERT, AZ 85297
* $ n/a 3 $ 2,765,000
1st Source Bank
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46601
* $ n/a 3 $ 2,125,000
Usalliance Federal Credit Union
411 THEODORE FREMD AVE, SUITE 350
RYE, NY 10580
* $ n/a 3 $ 315,000
Coast One Mortgage, LLC

FORT WASHINGTON, PA 19034
* $ n/a 3 $ 1,125,000
Homestead Funding Corp.
8 AIRLINE DRIVE
ALBANY, NY 12205
* $ n/a 3 $ 1,335,000
Kiavi Funding, Inc.
315 MONTGOMERY STREET 16TH FLOOR
SAN FRANCISCO, CA 94104
* $ n/a 3 $ 2,455,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ n/a 3 $ 965,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ n/a 3 $ 775,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ n/a 3 $ 985,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ n/a 3 $ 1,705,000
Carrollton Bank

SAINT LOUIS, MO 63132
* $ n/a 3 $ 8,575,000
Homexpress Mortgage Corp.
1936 E DEERE AVE SUITE 200
SANTA ANA, CA 92705
* $ n/a 3 $ 2,425,000
Honor Credit Union
EDGEWOOD RD
BERRIEN SPRINGS, MI 49103
* $ n/a 3 $ 355,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ n/a 3 $ 955,000
Traditional Mortgage Acceptance Corporation
777 108TH AVE NE #1670
BELLEVUE, WA 98004
* $ n/a 3 $ 405,000
Community Choice Credit Union
31155 NORTHWESTERN HWY
FARMINGTON HILLS, MI 48334
* $ n/a 3 $ 175,000
Hightechlending, Inc
2030 MAIN ST 350
IRVINE, CA 92614
* $ n/a 3 $ 1,105,000
Adventure Credit Union
630 32ND ST SE
GRAND RAPIDS, MI 49548
* $ n/a 3 $ 585,000
First Colony Mortgage Corporat
500 EAST PARK AVENUE SUITE 900
OREM, UT 84097
* $ n/a 3 $ 1,115,000
Vibe Credit Union
1375 N OAKLAND BLVD
NOVI, MI 48377
* $ n/a 3 $ 1,125,000
First Community Bank
200 EAST MAIN STREET
HARBOR SPRINGS, MI 49740
* $ n/a 3 $ 785,000
County National Bank
ONE SOUTH HOWELL ST
HILLSDALE, MI 49242
* $ n/a 3 $ 3,975,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ n/a 3 $ 915,000
Hometown Equity Mortgage, LLC
25531 COMMERCENTRE DRIVE SUITE 250
LAKE FOREST, CA 92630
* $ n/a 3 $ 1,725,000
Bison State Bank
223 MAIN ST
BISON, KS 67520
* $ n/a 3 $ 1,345,000
Beeline Loans, Inc.
188 VALLEY ST SUITE 225
PROVIDENCE, RI 02909
* $ n/a 3 $ 1,435,000
United Bank of Michigan
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ n/a 3 $ 1,235,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ n/a 3 $ 1,825,000
Blg Holdings, LLC
2353 S. LINDEN RD. SUITE A
FLINT, MI 48507
* $ n/a 3 $ 725,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ n/a 3 $ 925,000
1st State Bank
PO BOX 1468
SAGINAW, MI 48605
* $ n/a 3 $ 1,045,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ n/a 3 $ 1,025,000
Wildfire Credit Union
6640 BAY RD
SAGINAW, MI 48605
* $ n/a 3 $ 1,185,000
Nexbank
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ n/a 3 $ 1,735,000
Mission Loans, LLC

IRVINE, CA 92612
* $ n/a 3 $ 1,365,000
Citadel Servicing Corporation
15707 ROCKFIELD BLVD STE 320
IRVINE, CA 92618
* $ n/a 3 $ 1,425,000
Financial Plus Credit Union
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ n/a 3 $ 605,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ n/a 3 $ 3,305,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ n/a 3 $ 605,000
Clearedge Lending LLC
20 ENTERPRISE SUITE 350
ALISO VIEJO, CA 92656
* $ n/a 2 $ 1,800,000
Blaze Credit Union
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ n/a 2 $ 410,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ n/a 2 $ 510,000
First National Bank Texas
507 N. GRAY ST.
KILLEEN, TX 76541
* $ n/a 2 $ 630,000
Oaktree Funding Corp
1298 WEST 7TH STREET
CHANDLER, AZ 85226
* $ n/a 2 $ 650,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ n/a 2 $ 200,000
Deephaven Mortgage LLC
3530 TORINGDON WAY #200
CHARLOTTE, NC 28277
* $ n/a 2 $ 530,000
Logan Finance Corporation
1393 VETERANS MEMORIAL HIGHWAY HAUPPAUGE
HAUPPAUGE, NY 11788
* $ n/a 2 $ 1,830,000
Southern Michigan Bank & Trust
51 WEST PEARL STREET
COLDWATER, MI 49036
* $ n/a 2 $ 860,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ n/a 2 $ 540,000
Union Savings Bank
8534 E KEMPER RD
CINCINNATI, OH 45249
* $ n/a 2 $ 890,000
America First Federal Credit Union
4774 S 1300 W, BLDG 3
RIVERDALE, UT 84405
* $ n/a 2 $ 490,000
Kellogg Community Credit Union
41 SECOND ST
BATTLE CREEK, MI 49014
* $ n/a 2 $ 660,000
Wmcu
1319 FRONT AVE NW
GRAND RAPIDS, MI 49504
* $ n/a 2 $ 210,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ n/a 2 $ 630,000
Mms Mortgage Services, Ltd.
38275 TWELVE MILE RD., SUITE 100
FARMINGTON HILLS, MI 48331
* $ n/a 2 $ 510,000
Inb, National Association
322 E. CAPITOL
SPRINGFIELD, IL 62701
* $ n/a 2 $ 1,490,000
Highlands Residential Mortgage, Ltd.
950 W BETHANY DR STE 800
ALLEN, TX 75013
* $ n/a 2 $ 510,000
Oceanfirst Bank
975 HOOPER AVENUE
TOMS RIVER, NJ 08753
* $ n/a 2 $ 690,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ n/a 2 $ 220,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ n/a 2 $ 830,000
Advia Credit Union
550 S RIVERVIEW DR
KALAMAZOO, MI 49009
* $ n/a 2 $ 310,000
Quorum Federal Credit Union
2500 WESTCHESTER AVENUE
PURCHASE, NY 10577
* $ n/a 2 $ 370,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ n/a 2 $ 980,000
Canopy Mortgage, LLC
360 TECHNOLOGY COURT STE. 200
LINDON, UT 84003
* $ n/a 2 $ 830,000
Homepromise Corporation
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ n/a 2 $ 700,000
Synergy One Lending, Inc.
3131 CAMINO DEL RIO N. SUITE 150
SAN DIEGO, CA 92101
* $ n/a 2 $ 1,500,000
Interra Credit Union
300 W LINCOLN AVE
GOSHEN, IN 46527
* $ n/a 2 $ 710,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ n/a 2 $ 590,000
Tammac Holdings Corporation
480 SWEDESFORD ROAD SUITE 200
WAYNE, PA 19087
* $ n/a 2 $ 110,000
Nexera Holding LLC
2200 POWELL STREET SUITE 340
EMERYVILLE, CA 94608
* $ n/a 2 $ 3,000,000
Quontic Bank
31-05 BROADWAY
ASTORIA, NY 11106
* $ n/a 2 $ 1,050,000
Members First Credit Union
PO BOX 2165
MIDLAND, MI 48640
* $ n/a 2 $ 1,180,000
A&D Mortgage LLC
899 W. CYPRESS CREEK ROAD
FT. LAUDERDALE, FL 33309
* $ n/a 2 $ 870,000
Arc Home LLC

MOORESTOWN, NJ 08057
* $ n/a 2 $ 1,240,000
Georgia's Own Credit Union
100 PEACHTREE ST NW
100 PEACHTREE ST. NW 2800, GA 30303
* $ n/a 1 $ 145,000
Proper Rate, LLC
1800 W LARCHMONT AVE
CHICAGO, IL 60613
* $ n/a 1 $ 285,000
Panorama Mortgage Group, LLC
350 RAMPART BOULEVARD SUITE 310
LAS VEGAS, NV 89113
* $ n/a 1 $ 105,000
River Valley Credit Union
PO BOX 493
ADA, MI 49301
* $ n/a 1 $ 425,000
Consumer Real Estate Finance Co dba Society Mortgage
330 SW 2ND ST #111
FORT LAUDERDALE, FL 33312
* $ n/a 1 $ 175,000
First State Bank
24300 LITTLE MACK
ST CLAIR SHORES, MI 48080
* $ n/a 1 $ 495,000
Loan Funder LLC
645 MADISON AVENUE, 19TH FLOOR
NEW YORK, NY 10022
* $ n/a 1 $ 295,000
Dearborn Federal Savings Bank
22315 MICHIGAN AVENUE
DEARBORN, MI 48124
* $ n/a 1 $ 455,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ n/a 1 $ 255,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ n/a 1 $ 175,000
Cliffco, Inc.
1065 OLD COUNTRY ROAD SUITE 204
UNIONDALE, NY 11553
* $ n/a 1 $ 805,000
Northstar Bank
833 S. VAN DYKE RD.
BAD AXE, MI 48413
* $ n/a 1 $ 1,005,000
Geneva Financial LLC
180 S ARIZONA AVE STE 310
CHANDLER, AZ 85225
* $ n/a 1 $ 305,000
Cfsbank
101 MCKEAN AVENUE
CHARLEROI, PA 15022
* $ n/a 1 $ 375,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ n/a 1 $ 385,000
Pgim Real Estate Agency Financing, LLC

DALLAS, TX 75201
* $ n/a 1 $ 27,685,000
Minster Bank
95 W FOURTH ST
MINSTER, OH 45865
* $ n/a 1 $ 175,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ n/a 1 $ 265,000
Ameris Bank
300 SOUTH MAIN STREET
ATLANTA, GA 30305
* $ n/a 1 $ 425,000
Cadence Bank
P O BOX 789
TUPELO, MS 38804
* $ n/a 1 $ 4,705,000
Griffin Funding Inc.
2445 5TH AVE SUITE 401
SAN DIEGO, CA 92101
* $ n/a 1 $ 495,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ n/a 1 $ 175,000
Vista Point Mortgage, LLC
1920 MAIN ST SUITE 200
IRVINE, CA 92614
* $ n/a 1 $ 315,000
Servbank, N.A.
3201 ORCHARD RD
OSWEGO, IL 60543
* $ n/a 1 $ 675,000
Key Mortgage Services, Inc.
475 N. MARTINGALE RD. SUITE 100
SCHAUMBURG, IL 60173
* $ n/a 1 $ 215,000
Loanunited.Com, LLC
3235 SATELLITE BLVD SUITE 314
DULUTH, GA 30096
* $ n/a 1 $ 175,000
Tower Federal Credit Union
7901 SANDY SPRING ROAD
LAUREL, MD 20707
* $ n/a 1 $ 55,000
Farmers Bank & Trust
1017 HARRISON
GREAT BEND, KS 67530
* $ n/a 1 $ 375,000
Home Mortgage Alliance Corp (Hmac)
4 HUTTON CENTER DR. SUITE 500
SANTA ANA, CA 92707
* $ n/a 1 $ 535,000
Emporium Tpo LLC

FRISCO, TX 75034
* $ n/a 1 $ 155,000
West Michigan Community Bank
5367 SCHOOL AVE.
HUDSONVILLE, MI 49426
* $ n/a 1 $ 195,000
The Farmers & Merchants State Bank
307 N DEFIANCE ST
ARCHBOLD, OH 43502
* $ n/a 1 $ 125,000
Elga Credit Union
2303 S. CENTER ROAD
GRAND BLANC, MI 48439
* $ n/a 1 $ 45,000
Cornerstone Capital Bank, SSB
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ n/a 1 $ 485,000
Primis Bank

GLEN ALLEN, VA 23060
* $ n/a 1 $ 555,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ n/a 1 $ 305,000
Plus Relocation Mortgage, LLC
1100 VIRGINIA DRIVE, SUITE 125
FORT WASHINGTON, PA 19034
* $ n/a 1 $ 285,000
German American Bank
711 MAIN STREET, P.O. BOX 360
JASPER, IN 47546
* $ n/a 1 $ 725,000
B1bank
500 LAUREL STREET, SUITE 100
BATON ROUGE, LA 70801
* $ n/a 1 $ 285,000
Affordable Mortgage Advisors
4640 CAMPBELLS RUN ROAD
PITTSBURGH, PA 15205
* $ n/a 1 $ 285,000
Bpl Mortgage, LLC

OAKBROOK TERRACE, IL 60181
* $ n/a 1 $ 205,000
Ranlife, Inc.
9272 S. 700 E.
SANDY, UT 84070
* $ n/a 1 $ 155,000
Corevestamericanfinancelenderllc
1920 MAIN ST #850
IRVINE, CA 92614
* $ n/a 1 $ 265,000
Cv3 Financial Services, LLC
2101 E EL SEGUNDO BLVD SUITE #203
EL SEGUNDO, CA 90245
* $ n/a 1 $ 245,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ n/a 1 $ 255,000
Gvc Mortgage, Inc.
ONE PLAZA DRIVE, SUITE 3
SUITE 200, IN 46064
* $ n/a 1 $ 325,000
Velocity Commercial Capital LLC
2945 TOWNSGATE ROAD SUITE 110
WESTLAKE VILLAGE, CA 91361
* $ n/a 1 $ 395,000
Farmers Insurance Federal Credit Union
4601 WILSHIRE BL. STE 110
BURBANK, CA 91504
* $ n/a 1 $ 405,000
Ocmbc, Inc.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ n/a 1 $ 535,000
Nqm Funding, LLC
E, 4800 N FEDERAL HWY #200
BOCA RATON, FL 33431
* $ n/a 1 $ 495,000
Evergreen Bank Group
1515 22ND ST # 100
OAK BROOK, IL 60523
* $ n/a 1 $ 65,000
Bayshore Mortgage Funding
1920 GREENSPRING DRIVE, SUITE 140
TIMONIUM, MD 21093
* $ n/a 1 $ 335,000
Thompson Kane & Company, Inc
8020 EXCELSIOR DRIVE SUITE 401
MADISON, WI 53717
* $ n/a 1 $ 375,000
Jolt Credit Union
6180 STATE STREET
SAGINAW, MI 48603
* $ n/a 1 $ 65,000
Midwest Heritage Bank FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ n/a 1 $ 695,000
Flexpoint, Inc.
27433 TOURNEY ROAD, SUITE 150
COSTA MESA, CA 92626
* $ n/a 1 $ 1,045,000
Ally Bank

CHARLOTTE, NC 28202
* $ n/a 1 $ 785,000
Greenwood Credit Union
2669 POST ROAD
WARWICK, RI 02886
* $ n/a 1 $ 65,000
North Central Area Credit Union
2665 RESERVE RD P.O. BOX 817
HOUGHTON LAKE, MI 48629
* $ n/a 1 $ 85,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ n/a 1 $ 645,000
Citizens Equity First Credit U
5401 W DIRKSEN PKWY
PEORIA, IL 61607
* $ n/a 1 $ 75,000
Loc Credit Union
6246 CHASE ROAD
FARMINGTON, MI 48336
* $ n/a 1 $ 105,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ n/a 1 $ 685,000
Clearpath Lending
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ n/a 1 $ 225,000
Real Genius LLC
1625 S CONGRESS AVE STE 190
DELRAY BEACH, FL 33445
* $ n/a 1 $ 385,000
Bellwether Enterprise Real Estate Capital, LLC
1360 E. 9TH STREET SUITE 300
CLEVELAND, OH 44114
* $ n/a 1 $ 45,825,000
NFM, Inc
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ n/a 1 $ 305,000
Lafayette Federal Credit Union
2701 TOWER OAKS BLVD.,
ROCKVILLE, MD 20852
* $ n/a 1 $ 125,000
Stg Mortgage Inc
18401 VON KARMAN AVENUE SUITE 440
IRVINE, CA 92612
* $ n/a 1 $ 255,000
Purdue Federal CU
1551 WIN HENTSCHEL BLVD., PO BOX 2433
WEST LAFAYETTE, IN 47906
* $ n/a 1 $ 655,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ n/a 1 $ 585,000
Tri-County Bank
4222 MAIN STREET
BROWN CITY, MI 48416
* $ n/a 1 $ 165,000
Security Credit Union
5255 SECURITY PARK BLVD
HOLLY, MI 48442
* $ n/a 1 $ 35,000
Michigan United Credit Union
576 E LINCOLN ST
BIRMINGHAM, MI 48009
* $ n/a 1 $ 155,000
Cogent Bank
420 S ORANGE AVE SUITE 150
ORLANDO, FL 32801
* $ n/a 1 $ 1,205,000
United Home Loans, Inc.
1023 BURLINGTON AVE
WESTERN SPRINGS, IL 60558
* $ n/a 1 $ 335,000
Boxcar Mortgage, LLC
664 SEMINOLE AVE NE #101
ATLANTA, GA 30307
* $ n/a 1 $ 575,000
Incrediblebank
327 N 17TH AVE
WAUSAU, WI 54401
* $ n/a 1 $ 125,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ n/a 1 $ 155,000
The Camden National Bank
2 ELM STREET
CAMDEN, ME 04843
* $ n/a 1 $ 125,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ n/a 1 $ 165,000
Covantage Credit Union
723 6TH AVE, PO BOX 107
ANTIGO, WI 54409
* $ n/a 1 $ 105,000
Servis One, Inc
4200 REGENT BLVD SUIT B200
IRVING, TX 75063
* $ n/a 1 $ 335,000
Ony Glo, Inc.
6 HUTTON CENTRE DRIVE #1030
SANTA ANA, CA 92707
* $ n/a 1 $ 555,000
Leader Bank NA
141 MASSACHUSETTS AVENUE
ARLINGTON, MA 02474
* $ n/a 1 $ 745,000
Pfcu
9077 CHARLOTTE HWY
PORTLAND, MI 48875
* $ n/a 1 $ 185,000
West Texas National Bank
6 DESTA DRIVE STE 2400
MIDLAND, TX 79705
* $ n/a 1 $ 135,000
Teachers Federal Credit Union
102 MOTOR PARKWAY
HAUPPAUGE, NY 11788
* $ n/a 1 $ 145,000
Saygo Home Loans, LLC
8155 E INDIAN BEND RD, STE 107
SCOTTSDALE, AZ 85250
* $ n/a 1 $ 355,000
True Community Credit Union
1100 CLINTON RD
JACKSON, MI 49202
* $ n/a 1 $ 35,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ n/a 1 $ 215,000
Michigan One Community Credit Union
510 S DEXTER ST.
IONIA, MI 48446
* $ n/a 1 $ 415,000
The National Bank of Indianapolis
107 N PENNSYLVANIA STREET, SUITE 300
INDIANAPOLIS, IN 46204
* $ n/a 1 $ 445,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ n/a 1 $ 265,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ n/a 1 $ 205,000
Tlc Community Credit Union
3030 S ADRIAN HWY
ADRIAN, MI 49221
* $ n/a 1 $ 255,000
First Federal Savings Bank
P.O. BOX 527
ROCHESTER, IN 46975
* $ n/a 1 $ 755,000
Southstate Bank, National Association
1101 1ST STREET SOUTH
WINTER HAVEN, FL 33880
* $ n/a 1 $ 305,000
Gerber Federal Credit Union
508 STATE STREET PO BOX 116
FREMONT, MI 49412
* $ n/a 1 $ 305,000
Encore Bank
1801 RAHLING RD
LITTLE ROCK, AR 72223
* $ n/a 1 $ 725,000
Eaton Community Bank
236 S. COCHRAN AVENUE, P.O. BOX 219
CHARLOTTE, MI 48813
* $ n/a 1 $ 355,000
Republic Bank & Trust
601 W MARKET ST
LOUISVILLE, KY 40202
* $ n/a 1 $ 335,000
First Financial Bank
255 EAST FIFTH STREET SUITE 900
CINCINNATI, OH 45202
* $ n/a 1 $ 1,335,000
The State Bank & Trust Company
401 CLINTON STREET
DEFIANCE, OH 43512
* $ n/a 1 $ 275,000
Lafcu
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ n/a 1 $ 95,000
Waterford Bank, N.A.
3900 N. MCCORD RD
TOLEDO, OH 43617
* $ n/a 1 $ 505,000
Everwise Credit Union
110 S MAIN ST
SOUTH BEND, IN 46601
* $ n/a 1 $ 25,000
Broadway National Bank
1177 NE LOOP 410
SAN ANTONIO, TX 78209
* $ n/a 1 $ 725,000
Ixonia Bank
W1046 MARIETTA AVE
IXONIA, WI 53036
* $ n/a 1 $ 425,000
Bank of Ann Arbor
1333 W ANN ARBOR ROAD
ANN ARBOR, MI 48104
* $ n/a 1 $ 355,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ n/a 1 $ 435,000
Toyota Financial Savings Bank
2485 VILLAGE VIEW DRIVE, SUITE 200
HENDERSON, NV 89074
* $ n/a 1 $ 405,000

The tables below break down 2025 mortgage applications in Traverse City, MI metro area by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Traverse City, MI in 2025

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 2,899 $1,129,715,000 $389,000 $27,685,000 $200,000 $6,390,000
Cash-out Refinancing 1,327 $393,205,000 $296,000 $45,825,000 $147,000 $4,784,000
Refinancing 1,192 $442,610,000 $371,000 $39,065,000 $180,000 $3,309,000
Home Improvement 939 $121,435,000 $129,000 $1,975,000 $157,000 $3,973,000
Other Purpose 938 $167,160,000 $178,000 $5,255,000 $174,000 $6,779,000
Not Applicable 5 $625,000 $125,000 $295,000 $31,000 $53,000

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 5,695 $1,598,395,000 $280,000 $4,705,000 $175,000 $6,779,000
Not Provided 860 $248,470,000 $288,000 $5,255,000 $185,000 $3,574,000
Not applicable 439 $308,275,000 $702,000 $45,825,000 $233,000 $4,784,000
Hispanic 144 $43,450,000 $301,000 $2,505,000 $162,000 $4,080,000
Asian 75 $38,245,000 $509,000 $2,875,000 $360,000 $1,966,000
American Indian or Alaskan Native 65 $12,315,000 $189,000 $625,000 $108,000 $1,046,000
Black or African American 16 $3,930,000 $245,000 $615,000 $108,000 $344,000
Native Hawaiian or Other Pacific Islander 6 $1,670,000 $278,000 $395,000 $156,000 $321,000

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) 6,295 $1,922,435,000 $305,000 $45,825,000 $189,000 $6,779,000
FHA-insured (Federal Housing Administration) 593 $180,015,000 $303,000 $27,685,000 $77,000 $273,000
VA-guaranteed (Veterans Administration) 398 $148,880,000 $374,000 $1,395,000 $114,000 $866,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 14 $3,420,000 $244,000 $335,000 $75,000 $102,000

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 4,215 $1,389,515,000 $329,000 $45,825,000 $193,000 $6,779,000
Application Denied By Financial Institution 1,122 $226,330,000 $201,000 $2,425,000 $110,000 $4,080,000
Application Withdrawn By Applicant 1,004 $363,220,000 $361,000 $18,915,000 $203,000 $6,390,000
Loan Purchased By The Institution 388 $122,680,000 $316,000 $2,875,000 $207,000 $4,784,000
File Closed For Incompleteness 329 $75,245,000 $228,000 $2,105,000 $142,000 $1,800,000
Application Approved But Not Accepted 223 $70,765,000 $317,000 $27,685,000 $144,000 $3,574,000
Preapproval Approved but not Accepted 14 $5,750,000 $410,000 $1,305,000 $241,000 $753,000
Preapproval Denied by Financial Institution 5 $1,245,000 $249,000 $505,000 $66,000 $102,000

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
Not applicable 5,924 $1,913,240,000 $322,000 $45,825,000 $189,000 $6,779,000
Debt-To-Income Ratio 667 $204,575,000 $306,000 $3,625,000 $130,000 $1,828,000
Credit History 244 $32,830,000 $134,000 $1,195,000 $98,000 $890,000
Collateral 193 $43,115,000 $223,000 $1,455,000 $161,000 $4,080,000
Credit Application Incomplete 116 $25,590,000 $220,000 $1,105,000 $123,000 $1,368,000
Other 85 $19,085,000 $224,000 $1,755,000 $153,000 $900,000
Unverifiable Information 39 $10,295,000 $263,000 $2,425,000 $207,000 $1,817,000
Insufficient Cash (Downpayment, Closing Cost) 21 $4,335,000 $206,000 $725,000 $78,000 $323,000
Employment History 11 $1,685,000 $153,000 $625,000 $70,000 $170,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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