Alcona County, MI Mortgage Lenders & HMDA Data, 2013

In 2013, lenders reported 471 mortgage applications in Alcona County, MI totaling $53.2 million, up 3% from 2012. The average application was for $112,000, and applicants reported an average income of $89,000. 54% of applications resulted in an originated loan and 21% were denied. The most active lender was JPMorgan Chase Bank, NA, with 56 applications, followed by Wells Fargo Bank NA and PNC Bank N.A..

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Total Number of Mortgage Applications 471
Total Mortgage Loan Application Amount $53,155,000
Average Mortgage Loan Application Amount $112,000
Highest Mortgage Loan Application Amount $733,000
Average Applicant Income $89,000
Highest Applicant Income $1,867,000

Mortgage Company List for Lending in Alcona County, MI for 2013

* 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
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,896,773,000,000 56 $ 5,693,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,266,125,000,000 33 $ 3,664,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 295,026,390,000 27 $ 2,527,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,474,077,383,000 20 $ 2,793,000
Chemical Bank
333 E MAIN STREET
MIDLAND, MI 48640
* $ 5,904,498,000 16 $ 1,941,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 119,444,656,000 14 $ 2,187,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,313,401,000,000 12 $ 1,148,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 10 $ 937,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 10 $ 718,000
Firstmerit Bank NA
III CASCADE PLAZA - CAS46
AKRON, OH 44308
* $ 14,901,417,000 9 $ 851,000
Mortgage Center Lc
26555 EVERGREEN RD SUITE 900
SOUTHFIELD, MI 48076
* $ 30,000,000 9 $ 757,000
Fifth Third Mortgage, Mi LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 8 $ 1,252,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 119,444,656,000 7 $ 635,000
Flagstar Bank NA

TROY, MI 49098
* $ 14,069,057,000 7 $ 939,000
Mortgage300 Corporation
10 SE CENTRAL PARKWAY SUITE 325
STUART, FL 34994
* $ 500,000 7 $ 525,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 55,954,625,000 6 $ 715,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 58,597,476,000 6 $ 476,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 345,088,616,000 6 $ 655,000
Guardian Mortgage Company, Inc
100 N. CENTRAL EXPRESSWAY SUITE 190
RICHARDSON, TX 75083
* $ 10,000,000 5 $ 756,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 5 $ 1,012,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ 35,475,880,000 4 $ 531,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 4 $ 433,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 4 $ 445,000
Genisys Credit Union
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 1,482,505,000 4 $ 125,000
Msu Federal Credit Union
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 2,344,663,000 4 $ 432,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 4 $ 403,000
Independent Bank
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,021,254,000 4 $ 665,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 4 $ 417,000
Discover Home Loans, Inc.
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 73,491,315,000 4 $ 394,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 94,795,926,000 4 $ 516,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 104,823,994,000 4 $ 345,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 18,212,833,000 3 $ 421,000
Main Street Bank
31780 TELEGRAPH ROAD, SUITE 100
BINGHAM FARMS, MI 48025
* $ 144,905,000 3 $ 185,000
Jolt Credit Union
6180 STATE STREET
SAGINAW, MI 48603
* $ 312,631,000 3 $ 38,000
Team One Credit Union
520 HAYDEN
SAGINAW, MI 48607
* $ 366,440,000 3 $ 243,000
Mortgage 1 Incorporated
43456 MOUND ROAD
STERLING HEIGHTS, MI 48314
* $ 9,135,000 3 $ 495,000
1st State Bank
PO BOX 1468
SAGINAW, MI 48605
* $ 180,163,000 3 $ 531,000
Neighborhood Mortgage Solutions, LLC
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 3 $ 121,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 3 $ 451,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 3 $ 190,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 3 $ 439,000
Security Credit Union
5255 SECURITY PARK BLVD
HOLLY, MI 48442
* $ 357,665,000 2 $ 96,000
Talmer Bank and Trust
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 2,312,554,000 2 $ 139,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 2 $ 243,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 543,088,000 2 $ 300,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 2 $ 196,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 2,731,663,000 2 $ 198,000
Mms Mortgage Services, Ltd.
38275 TWELVE MILE RD., SUITE 100
FARMINGTON HILLS, MI 48331
* $ 5,598,000 2 $ 110,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 2 $ 134,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 2 $ 187,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 2 $ 181,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 2 $ 274,000
Dfcu Financial
400 TOWN CENTER DRIVE
DEARBORN, MI 48121
* $ 3,364,336,000 2 $ 314,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 949,559,000 2 $ 459,000
Community Financial Credit Uni
PO BOX 8050
PLYMOUTH, MI 48170
* $ 511,526,000 2 $ 110,000
Firstmerit Mortgage Corp
4455 HILLS AND DALES RD. NW - MTG80
CANTON, OH 44708
* $ 6,000,000,000 2 $ 129,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,247,622,000 2 $ 77,000
Cole Taylor Bank
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 5,784,213,000 2 $ 423,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 52,436,123,000 1 $ 48,000
Raymond James Bank
710 CARILLON PARKWAY
SAINT PETERSBURG, FL 33716
* $ 10,104,145,000 1 $ 304,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 16,553,533,000 1 $ 117,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 169,076,807,000 1 $ 109,000
Financial Plus Credit Union
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 388,525,000 1 $ 90,000
Nationwide Bank
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 5,164,405,000 1 $ 8,000
First Independence Bank
7310 WOODWARD AVE SUITE 101
DETROIT, MI 48202
* $ 184,413,000 1 $ 191,000
Frankenmuth Credit Union
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 261,846,000 1 $ 26,000
Elga Credit Union
2303 S. CENTER ROAD
GRAND BLANC, MI 48439
* $ 316,590,000 1 $ 110,000
Case Credit Union
PO BOX 22158 4316 SOUTH PENNSYLVANIA AVENUE
LANSING, MI 48909
* $ 229,297,000 1 $ 10,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ 10,000,000 1 $ 181,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 1 $ 60,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 1 $ 342,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,232,230,000 1 $ 166,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 170,000
Michigan Legacy Credit Union
144 E PIKE
WYANDOTTE, MI 48192
* $ 154,878,000 1 $ 33,000
Consumers Credit Union
PO BOX 525
KALAMAZOO, MI 49009
* $ 430,624,000 1 $ 152,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 1 $ 75,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 79,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ 32,120,000 1 $ 182,000
Downriver Community Federal CU
4320 W. JEFFERSON
ECORSE, MI 48229
* $ 140,643,000 1 $ 55,000
Comerica Bank

FARMINGTON HILLS, MI 48331
* $ 65,252,151,000 1 $ 200,000
Success Mortgage Partners, Inc
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ 1,912,000 1 $ 239,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 62,000
Summit Community Bank
1600 ABBOT RD
EAST LANSING, MI 48823
* $ 160,682,000 1 $ 92,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 270,671,000 1 $ 148,000
Farmers Statebank of Munith
201 N MAIN ST
MUNITH, MI 49259
* $ 64,579,000 1 $ 204,000
Residential Finance Corporatio
1 EASTON OVAL #400
COLUMBUS, OH 43219
* $ 17,533,484,000 1 $ 88,000
Gfs Capital
6499 HAVENWOOD CIRCLE
HUNTINGTON BEACH, CA 92648
* $ 10,000,000 1 $ 206,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 1 $ 239,000
Pacor Mortgage Corp
14930 CICERO AVE
OAK FOREST, IL 60452
* $ 14,292,000 1 $ 130,000
Wolverine Bank FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 284,479,000 1 $ 9,000
First Federal S&L of Lakewood
14806 DETROIT AVE
LAKEWOOD, OH 44107
* $ 1,392,424,000 1 $ 174,000
Wildfire Credit Union
6640 BAY RD
SAGINAW, MI 48605
* $ 677,491,000 1 $ 128,000
Directions Credit Union
5121 WHITEFORD ROAD
TOLEDO, OH 43604
* $ 561,864,000 1 $ 187,000
Farmers Bank & Trust
1017 HARRISON
GREAT BEND, KS 67530
* $ 669,944,000 1 $ 150,000
The Anderson Financial Group, Inc.
2421 NORTH ASHLAND AVENUE
CHICAGO, IL 60614
* $ 10,000,000 1 $ 200,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 1 $ 92,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 1 $ 57,000
Caliber Funding LLC
6031 CONNECTION DRIVE, SUITE 200
IRVING, TX 75039
* $ 37,112,000 1 $ 131,000
Staunton Financial Inc
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48076
* $ 10,000,000 1 $ 54,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 1 $ 67,000
Huron Valley Financial, Inc.
2395 OAK VALLEY DRIVE, SUITE 200
ANN ARBOR, MI 48103
* $ 10,000,000 1 $ 45,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 1 $ 77,000

The tables below break down 2013 mortgage applications in Alcona County, MI by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Alcona County, MI in 2013

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 318 $39,719,000 $124,000 $608,000 $91,000 $1,867,000
Home Purchase 124 $12,543,000 $101,000 $733,000 $92,000 $327,000
Home Improvement 29 $893,000 $30,000 $129,000 $52,000 $149,000

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 397 $44,923,000 $113,000 $733,000 $87,000 $840,000
Not Provided 47 $5,751,000 $122,000 $260,000 $125,000 $1,867,000
Not applicable 20 $1,722,000 $86,000 $192,000 $55,000 $396,000
American Indian or Alaskan Native 3 $228,000 $76,000 $84,000 $29,000 $32,000
Hispanic 3 $297,000 $99,000 $261,000 $38,000 $50,000
Asian 1 $234,000 $234,000 $234,000 $161,000 $161,000
Black or African American 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) 400 $46,573,000 $116,000 $733,000 $99,000 $1,867,000
FHA-insured (Federal Housing Administration) 34 $3,096,000 $91,000 $187,000 $30,000 $101,000
VA-guaranteed (Veterans Administration) 27 $2,842,000 $105,000 $249,000 $38,000 $113,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 10 $644,000 $64,000 $92,000 $19,000 $27,000

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 253 $29,841,000 $117,000 $733,000 $105,000 $1,867,000
Application Denied By Financial Institution 100 $9,179,000 $91,000 $374,000 $58,000 $315,000
Loan Purchased By The Institution 53 $6,512,000 $122,000 $416,000 $70,000 $396,000
Application Withdrawn By Applicant 23 $2,595,000 $112,000 $232,000 $75,000 $210,000
Application Approved But Not Accepted 23 $3,045,000 $132,000 $386,000 $92,000 $208,000
File Closed For Incompleteness 18 $1,891,000 $105,000 $205,000 $95,000 $295,000
Preapproval Denied by Financial Institution 1 $92,000 $92,000 $92,000 $106,000 $106,000
Preapproval Approved but not Accepted 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 27 $2,970,000 $110,000 $374,000 $83,000 $315,000
Debt-To-Income Ratio 18 $1,833,000 $101,000 $269,000 $63,000 $143,000
Credit History 17 $832,000 $48,000 $117,000 $34,000 $98,000
Credit Application Incomplete 11 $1,143,000 $103,000 $293,000 $48,000 $150,000
Insufficient Cash (Downpayment, Closing Cost) 6 $436,000 $72,000 $107,000 $44,000 $85,000
Other 6 $459,000 $76,000 $180,000 $61,000 $145,000
Unverifiable Information 1 $167,000 $167,000 $167,000 $86,000 $86,000
Employment History 1 $103,000 $103,000 $103,000 $53,000 $53,000
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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