Tuscola County MI
Mortgage Loan Application
Totals and Details
for 2012

Find mortgage statistics and lending data for the Tuscola 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 Tuscola 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 2,216
Total Mortgage Loan Application Amount $195,973,000
Average Mortgage Loan Application Amount $88,000
Highest Mortgage Loan Application Amount $3,545,000
Average Applicant Income $55,000
Highest Applicant Income $1,599,000

Mortgage Company List for Lending in Tuscola County MI for 2012

* 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
FRANKENMUTH CREDIT UNION
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 229,087,000 311 $ 22,422,000
CHEMICAL BANK
333 E MAIN STREET
MIDLAND, MI 48640
* $ 5,331,931,000 174 $ 14,199,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,811,678,000,000 158 $ 14,481,000
INDEPENDENT BANK
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,304,743,000 147 $ 10,549,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,161,490,000,000 139 $ 12,860,000
TEAM ONE CREDIT UNION
520 HAYDEN
SAGINAW, MI 48607
* $ 342,214,000 113 $ 9,836,000
THUMB NATIONAL BANK AND TRUST COMPANY
7254 MICHIGAN AVE., P.O. BOX 560
PIGEON, MI 48755
* $ 215,436,000 99 $ 8,931,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,288,658,000,000 85 $ 8,465,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 263,309,559,000 63 $ 4,437,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 48 $ 4,871,000
CITIZENS BANK
328 S SAGINAW ST
FLINT, MI 48502
* $ 9,212,296,000 48 $ 3,251,000
FLAGSTAR BANK, FSB
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 13,623,469,000 47 $ 4,577,000
SIGNATURE BANK
1 E HURON AVE
BAD AXE, MI 48413
* $ 232,574,000 42 $ 4,115,000
ALLY BANK
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 85,381,954,000 37 $ 4,477,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,459,157,302,000 32 $ 2,759,000
FIRST INDEPENDENCE BANK
7310 WOODWARD AVE SUITE 101
DETROIT, MI 48202
* $ 165,219,000 29 $ 2,726,000
GREENSTONE FARM CREDIT SERVICES, FLCA
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 28 $ 3,348,000
WANIGAS CREDIT UNION
4026 SHATTUCK RD
SAGINAW, MI 48603
* $ 263,240,000 24 $ 1,722,000
J. VIRGIL, INC.
G3404 MILLER ROAD
FLINT, MI 48507
* $ 500,000 22 $ 1,454,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 330,470,810,000 21 $ 2,034,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 19 $ 2,100,000
TOWNE MORTGAGE COMPANY
2170 E. BIG BEAVER ROAD, SUITE A
TROY, MI 48083
* $ 35,475,880,000 18 $ 1,749,000
FIFTH THIRD MORTGAGE, MI LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 17 $ 1,800,000
FINANCIAL PLUS CREDIT UNION
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 379,917,000 17 $ 678,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 13,039,950,000 14 $ 1,207,000
AMERIFIRST FINANCIAL CORPORATION
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 14 $ 1,193,000
MORTGAGE 1 INCORPORATED
43456 MOUND ROAD
STERLING HEIGHTS, MI 49314
* $ 9,135,000 14 $ 1,302,000
WOLVERINE BANK FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 293,814,000 13 $ 1,698,000
SERVICE FINANCE COMPANY, LLC
555 S FEDERAL HIGHWAY SUITE 200
BOCA RATON, FL 33432
* $ 10,000,000 13 $ 87,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 13 $ 1,181,000
GMAC MORTGAGE, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 12 $ 1,382,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 11 $ 982,000
UNITED FINANCIAL CREDIT UNION
4685 STATE ST.
SAGINAW, MI 48603
* $ 158,843,000 11 $ 227,000
TRI-COUNTY BANK
4222 MAIN STREET
BROWN CITY, MI 48416
* $ 205,317,000 10 $ 1,219,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 10 $ 1,562,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 114,540,379,000 10 $ 976,000
NEIGHBORHOOD MORTGAGE SOLUTION
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 10 $ 1,069,000
MEMBER FIRST MORTGAGE, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 9 $ 788,000
FIRST PLACE BANK
185 EAST MARKET
WARREN, OH 44481
* $ 2,716,563,000 8 $ 783,000
WILDFIRE CREDIT UNION
6640 BAY RD
SAGINAW, MI 48604
* $ 652,375,000 7 $ 339,000
SECURITY CREDIT UNION
5255 SECURITY PARK BLVD
HOLLY, MI 48442
* $ 356,049,000 7 $ 481,000
MORTGAGE CENTER L.C
29621 NORTHWESTERN HWY
SOUTHFIELD, MI 48034
* $ 30,000,000 7 $ 711,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 7 $ 683,000
UNITED SHORE FINANCIAL SERVICES, LLC
1414 EAST MAPLE ROAD
TROY, MI 48083
* $ 10,000,000 7 $ 806,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ 10,000,000 7 $ 637,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,790,194,000 7 $ 555,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 52,181,685,000 7 $ 572,000
FIFTH THIRD BANK
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 114,540,379,000 6 $ 451,000
HOME LOAN CENTER, INC.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 6 $ 596,000
GUARDIAN MORTGAGE COMPANY, INC
100 N. CENTRAL EXPRESSWAY SUITE 190
RICHARDSON, TX 75083
* $ 10,000,000 6 $ 780,000
JOLT CREDIT UNION
6180 STATE STREET
SAGINAW, MI 48603
* $ 297,935,000 6 $ 340,000
LAKE MICHIGAN CREDIT UNION
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 2,423,017,000 5 $ 523,000
MORTGAGE INVESTORS CORP
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 5 $ 436,000
MICHIGAN MUTUAL, INC.
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 5 $ 557,000
THE HUNTINGTON NATIONAL BANK
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 54,183,383,000 5 $ 586,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 46,925,466,000 5 $ 390,000
HANTZ BANK
26200 AMERICAN DRIVE, 2ND FLOOR
SOUTHFIELD, MI 48034
* $ 55,071,000 5 $ 378,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 4 $ 647,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 4 $ 417,000
ADMIRALS BANK
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 518,825,000 4 $ 54,000
GENISYS
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 1,385,299,000 4 $ 17,000
POLARIS HOME FUNDING CORP.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ 10,000,000 4 $ 410,000
DOW CHEMICAL EMPLOYEES'
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,397,606,000 3 $ 230,000
COMMUNITY CHOICE CREDIT UNION
31155 NORTHWESTERN HWY
FARMINGTON HILLS, MI 48334
* $ 450,888,000 3 $ 30,000
TRI-POINTE COMMUITY C.U.
2343 E. HILL RD
GRAND BLANC, MI 48439
* $ 194,802,000 3 $ 76,000
NATIONWIDE ADVANTAGE MORTGAGE
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 3 $ 362,000
FRANKLIN AMERICAN MORTGAGE COMPANY
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 3 $ 280,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 3 $ 341,000
RESIDENTIAL FINANCE CORPORATIO
1 EASTON OVAL #400
COLUMBUS, OH 43219
* $ 17,533,484,000 3 $ 455,000
CASHCALL, INC.
1 CITY BLVD WEST SUITE 1000
ORANGE, CA 92868
* $ 10,000,000 3 $ 291,000
FIRST STATE MORTGAGE SERVICES, LLC
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 3 $ 308,000
TCF NATIONAL BANK
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 19,007,020,000 3 $ 461,000
MANUFACTURERS AND TRADERS TRUST COMPANY
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14210
* $ 76,887,082,000 3 $ 208,000
TALMER BANK AND TRUST
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 2,126,678,000 2 $ 195,000
AFFILIATED MORTGAGE COMPANY
5700 LEGACY DRIVE STE 10
PLANO, TX 75024
* $ 212,423,000 2 $ 223,000
HOME LOAN INVESTMENT BANK, F.S.B.
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 195,395,000 2 $ 37,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,291,705,000 2 $ 182,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ 10,000,000 2 $ 224,000
ARBOR MORTGAGE CORPORATION
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 2 $ 274,000
GOLD STAR MORTGAGE FINANCIAL GROUP, CORPORATION
100 PHOENIX DR, STE 300
ANN ARBOR, MI 48108
* $ 10,000,000 2 $ 175,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 2 $ 196,000
SIERRA PACIFIC MORTGAGE COMPANY, INC.
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 2 $ 243,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 2 $ 37,000
LAKE TRUST CREDIT UNION
4605 S OLD US HIGHWAY 23
BRIGHTON, MI 48114
* $ 1,516,907,000 2 $ 170,000
FINANCIALEDGE COMMUNITY CREDIT UNION
1199 S. EUCLID AVE.
BAY CITY, MI 48706
* $ 76,016,000 2 $ 233,000
LAKE HURON CREDIT UNION
1540 TITTABAWASSEE RD
SAGINAW, MI 48604
* $ 49,857,000 2 $ 287,000
THE FIRST STATE BANK
PO BOX 295
BARBOURSVILLE, WV 25504
* $ 283,544,000 2 $ 229,000
TEXAS STAR BANK SSB
101 GASSAWAY
LOTT, TX 76656
* $ 75,989,000 2 $ 202,000
COPOCO COMMUNITY CREDIT UNION
4265 E WILDER RD
BAY CITY, MI 48706
* $ 96,715,000 2 $ 93,000
LIBERTY HOME EQUITY SOLUTIONS, INC.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 2 $ 197,000
ONE REVERSE MORTGAGE, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 2 $ 172,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 1 $ 61,000
TRUHOME SOLUTIONS, L.L.C.
9601 LEGLER RD
LENEXA, KS 66219
* $ 1,900,000,000 1 $ 56,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 1 $ 48,000
PREMIER HOME MORTGAGE, INC.
3024 TOWER RD
RAPID CITY, SD 57701
* $ 20,569,000 1 $ 85,000
STAUNTON FINANCIAL, INC.
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48075
* $ 10,000,000 1 $ 250,000
UNITED BAY COMMUNITY CREDIT UNION
1309 N. LINCOLN AVE.
BAY CITY, MI 48708
* $ 162,465,000 1 $ 29,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 2,898,665,000 1 $ 46,000
THRIVENT FINANCIAL BANK
122 EAST COLLEGE AVE., SUITE 1E
APPLETON, WI 54911
* $ 546,918,000 1 $ 156,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 72,848,000 1 $ 196,000
GUARANTY BANK
501 W NORTHSHORE DR. SUITE 400
GLENDALE, WI 53217
* $ 1,163,507,000 1 $ 60,000
LAKESTONE BANK & TRUST
83 W NEPESSING ST
LAPEER, MI 48446
* $ 300,369,000 1 $ 79,000
1ST SOURCE BANK
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46634
* $ 4,361,631,000 1 $ 142,000
ABD FEDERAL CREDIT UNION
27850 MOUND RD
WARREN, MI 48092
* $ 59,296,000 1 $ 7,000
COMMERCIAL BANK
301 N. STATE ST
ALMA, MI 48801
* $ 374,917,000 1 $ 93,000
THE STATE BANK
175 N LEROY ST
FENTON, MI 48430
* $ 293,317,000 1 $ 71,000
UNITED BANK OF MICHIGAN
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ 457,989,000 1 $ 3,545,000
ELGA CREDIT UNION
2303 S. CENTER ROAD
BURTON, MI 48519
* $ 284,756,000 1 $ 28,000
T&I CREDIT UNION
600 N MAIN ST
CLAWSON, MI 48017
* $ 69,757,000 1 $ 15,000
UNITED SECURITY FINANCIAL CORP
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 128,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 62,000
RESIDENTIAL ACCEPTANCE CORPORATION
5027 W LAUREL ST
TAMPA, FL 33607
* $ 10,000,000 1 $ 54,000
KEYBANK NATIONAL ASSOCIATION
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 86,198,836,000 1 $ 35,000
BMO HARRIS BANK NATIONAL ASSOCIATION
111 W. MONROE
CHICAGO, IL 60603
* $ 97,264,044,000 1 $ 52,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 1 $ 126,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 1 $ 180,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 133,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ 10,000,000 1 $ 135,000
GENERATION MORTGAGE COMPANY
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 1 $ 56,000
PROFICIO BANK
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 142,947,000 1 $ 179,000
1ST STATE FINANCIAL, LTD.
PO BOX 1468
SAGINAW, MI 48605
* $ 173,787,000 1 $ 45,000
FIRST INTERNET BANK OF INDIANA
11201 USA PARKWAY
FISHERS, IN 46037
* $ 584,153,000 1 $ 130,000
FIRST FEDERAL BANK
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 978,405,000 1 $ 40,000
LEVEL ONE BANK
32991 HAMILTON COURT
FARMINGTON HILLS, MI 48334
* $ 463,033,000 1 $ 129,000
GRAND BANK, NATIONAL ASSOCIATION
2297 HWY 33
HAMILTON, NJ 08690
* $ 341,507,000 1 $ 107,000
SOUTH CENTRAL BANK, NATIONAL ASSOCIATION
525 W ROOSEVELT RD
CHICAGO, IL 60607
* $ 235,866,000 1 $ 13,000
HSBC BANK USA, NATIONAL ASSOCIATION
1800 TYSONS BLVD., SUITE 50
MCLEAN, VA 22102
* $ 206,009,683,000 1 $ 204,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 168,867,640,000 1 $ 60,000
US BK NA ND
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,997,931,000 1 $ 91,000

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 Tuscola County MI in 2012

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 1,344 $133,729,000 $99,000 $2,000,000 $59,000 $1,599,000
Home Purchase 625 $53,362,000 $85,000 $3,545,000 $48,000 $1,233,000
Home Improvement 247 $8,882,000 $35,000 $328,000 $56,000 $213,000

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 1,837 $157,057,000 $85,000 $666,000 $59,000 $1,599,000
Not applicable 165 $21,035,000 $127,000 $3,545,000 $21,000 $342,000
Not Provided 160 $13,765,000 $86,000 $340,000 $50,000 $305,000
Hispanic 30 $2,138,000 $71,000 $230,000 $55,000 $187,000
American Indian or Alaskan Native 11 $818,000 $74,000 $116,000 $53,000 $96,000
Black or African American 7 $810,000 $115,000 $247,000 $68,000 $120,000
Asian 6 $350,000 $58,000 $90,000 $102,000 $213,000
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) 1,631 $145,572,000 $89,000 $3,545,000 $64,000 $1,599,000
FHA-insured (Federal Housing Administration) 321 $28,411,000 $88,000 $258,000 $25,000 $197,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 212 $16,452,000 $77,000 $250,000 $32,000 $92,000
VA-guaranteed (Veterans Administration) 52 $5,538,000 $106,000 $230,000 $49,000 $178,000

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 1,195 $107,053,000 $89,000 $3,545,000 $64,000 $1,599,000
Application Denied By Financial Institution 454 $37,526,000 $82,000 $2,000,000 $55,000 $1,233,000
Loan Purchased By The Institution 279 $26,021,000 $93,000 $292,000 $27,000 $342,000
Application Withdrawn By Applicant 152 $13,476,000 $88,000 $250,000 $48,000 $197,000
Application Approved But Not Accepted 71 $5,294,000 $74,000 $209,000 $49,000 $169,000
File Closed For Incompleteness 65 $6,603,000 $101,000 $230,000 $51,000 $231,000
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 90 $8,479,000 $94,000 $285,000 $71,000 $1,233,000
Credit History 90 $6,102,000 $67,000 $192,000 $45,000 $211,000
Debt-To-Income Ratio 61 $4,006,000 $65,000 $333,000 $47,000 $145,000
Credit Application Incomplete 33 $2,866,000 $86,000 $160,000 $70,000 $240,000
Other 25 $2,200,000 $88,000 $320,000 $56,000 $132,000
Insufficient Cash (Downpayment, Closing Cost) 14 $1,133,000 $80,000 $153,000 $59,000 $93,000
Employment History 4 $306,000 $76,000 $106,000 $22,000 $44,000
Unverifiable Information 3 $362,000 $120,000 $209,000 $70,000 $94,000
Mortgage Insurance Denied 1 $106,000 $106,000 $106,000 $37,000 $37,000

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