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MEMBER FIRST MORTGAGE 616 44TH STREET SE
GRAND RAPIDS, 49548

2008 Mortgage Research Charlevoix Michigan US
Total Applications 68 2,269 3,915
Average Loan $112.7k $124.5k $121.0k
Loan to Income Ratio 1.99 1.90 1.97
Subprime Loans 2.94% 6.17% 3.58%
Refinancing Loans 76.47% 59.01% 35.43%
Principal Dwellings 89.71% 94.76% 95.12%
Rejected Applications 19.12% 18.60% 17.88%
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