Alcona County, MI Mortgage Lenders & HMDA Data, 2016

In 2016, lenders reported 404 mortgage applications in Alcona County, MI totaling $45.3 million, up 24% from 2015. The average application was for $112,000, and applicants reported an average income of $87,000. 47% of applications resulted in an originated loan and 28% were denied. The most active lender was loanDepot.com LLC, with 31 applications, followed by PNC Bank N.A. and Chemical Bank.

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Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 404
Total Mortgage Loan Application Amount $45,343,000
Average Mortgage Loan Application Amount $112,000
Highest Mortgage Loan Application Amount $840,000
Average Applicant Income $87,000
Highest Applicant Income $1,676,000

Mortgage Company List for Lending in Alcona County, MI for 2016

* 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
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 31 $ 3,654,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 348,291,098,000 22 $ 2,263,000
Chemical Bank
333 E MAIN STREET
MIDLAND, MI 48640
* $ 9,166,710,000 18 $ 2,069,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 17 $ 2,566,000
Freedom Mortgage Corporation
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 14 $ 1,330,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,610,580,000,000 14 $ 1,666,000
Mortgage300 Corporation
10 SE CENTRAL PARKWAY SUITE 325
STUART, FL 34994
* $ 500,000 12 $ 1,224,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 70,879,778,000 9 $ 892,000
Mortgage 1 Incorporated
43456 MOUND ROAD
STERLING HEIGHTS, MI 48314
* $ 9,135,000 6 $ 545,000
Community Financial
500 S HARVEY ST
PLYMOUTH, MI 48170
* $ 701,971,000 6 $ 421,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 6 $ 702,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,649,486,000 6 $ 504,000
Fifth Third Mortgage, Mi LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 5 $ 832,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 5 $ 584,000
Michigan Schools and Governmen
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 1,550,639,000 5 $ 621,000
Firstmerit Bank NA
III CASCADE PLAZA - CAS46
AKRON, OH 44308
* $ 25,520,808,000 5 $ 610,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 5 $ 573,000
Marshall Community Credit Union
839 W GREEN ST
MARSHALL, MI 49068
* $ 167,571,000 5 $ 744,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 4 $ 325,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,299,801,000,000 4 $ 357,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 4 $ 345,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 4 $ 1,088,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 4 $ 677,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 108,064,717,000 4 $ 767,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 4 $ 366,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 4 $ 331,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 4 $ 403,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 4 $ 495,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 459,125,000 3 $ 253,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 138,620,635,000 3 $ 503,000
Mortgage Center Lc
26555 EVERGREEN RD SUITE 900
SOUTHFIELD, MI 48076
* $ 30,000,000 3 $ 178,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ 10,000,000 3 $ 230,000
Elga Credit Union
2303 S. CENTER ROAD
GRAND BLANC, MI 48439
* $ 438,084,000 3 $ 168,000
Dfcu Financial
400 TOWN CENTER DRIVE
DEARBORN, MI 48121
* $ 4,020,891,000 3 $ 209,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 3 $ 196,000
Mercantile Bank
310 LEONARD STREET NORTH WEST
GRAND RAPIDS, MI 49504
* $ 2,883,076,000 3 $ 361,000
Neighborhood Mortgage Solutions, LLC
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 3 $ 270,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 138,620,635,000 2 $ 256,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 4,089,397,000 2 $ 246,000
Msu Federal Credit Union
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 3,034,515,000 2 $ 97,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 822,669,000 2 $ 62,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 2 $ 176,000
Wildfire Credit Union
6640 BAY RD
SAGINAW, MI 48605
* $ 695,705,000 2 $ 190,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 2 $ 170,000
Michigan Educational
9200 HAGGERTY ROAD
PLYMOUTH, MI 48170
* $ 727,272,000 2 $ 90,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 2 $ 269,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 2 $ 102,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 2 $ 342,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 2 $ 245,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 2 $ 270,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 2 $ 134,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 2 $ 220,000
Genisys Credit Union
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 2,002,110,000 2 $ 187,000
Financial Plus Credit Union
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 459,037,000 2 $ 174,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ 10,000,000 2 $ 171,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 2 $ 367,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ 10,000,000 1 $ 137,000
Northstar Bank
833 S. VAN DYKE RD.
BAD AXE, MI 48413
* $ 527,205,000 1 $ 47,000
1st State Bank
PO BOX 1468
SAGINAW, MI 48605
* $ 218,349,000 1 $ 191,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ 9,774,230,000 1 $ 112,000
The Park National Bank
50 N THIRD STREET
NEWARK, OH 43055
* $ 7,236,717,000 1 $ 73,000
Lakestone Bank & Trust
83 W NEPESSING ST
LAPEER, MI 48446
* $ 323,946,000 1 $ 64,000
Michigan First Mortgage Inc
6501 HIGHLAND RD
WATERFORD, MI 48327
* $ 764,593,751,000 1 $ 168,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 290,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 1 $ 37,000
Wanigas Credit Union
4026 SHATTUCK RD
SAGINAW, MI 48603
* $ 306,566,000 1 $ 94,000
Firstmerit Mortgage Corp
4455 HILLS AND DALES RD. NW - MTG80
CANTON, OH 44708
* $ 6,000,000,000 1 $ 244,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 1 $ 28,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 1 $ 44,000
Live Well Financial, Inc.
1011 BOULDER SPRINGS DRIVE
RICHMOND, VA 23225
* $ 176,870,000 1 $ 35,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 1 $ 120,000
Staunton Financial Inc
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48076
* $ 10,000,000 1 $ 160,000
Mld Mortgage, Inc.Dba the Money Store
30 B VREELAND ROAD
FLORHAM PARK, NJ 07932
* $ 11,886,522,000 1 $ 87,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 1 $ 92,000
Level One Bank
32991 HAMILTON COURT
FARMINGTON HILLS, MI 48334
* $ 923,502,000 1 $ 175,000
Luxury Mortgage Corp.
FOUR LANDMARK SQUARE SUITE 300
STAMFORD, CT 06901
* $ 10,000,000 1 $ 169,000
Freestar Financial Credit Union
PO BOX 2800
MT. CLEMENS, MI 48046
* $ 180,960,000 1 $ 72,000
Private Bank of Buckhead
3565 PIEDMONT ROAD, BLDG 3, STE 210
ATLANTA, GA 30305
* $ 280,450,000 1 $ 175,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 1 $ 61,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 1 $ 158,000
Csb Bank
206 N MAIN ST
CAPAC, MI 48014
* $ 245,334,000 1 $ 96,000
Independent Bank
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,397,774,000 1 $ 34,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 123,000
The Genoa Banking Company
801 MAIN STREET
GENOA, OH 43430
* $ 302,937,000 1 $ 62,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 1 $ 112,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 1 $ 189,000
Prospect Mortgage, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 1 $ 50,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 1 $ 93,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 2,887,863,000 1 $ 85,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 3,128,427,000 1 $ 29,000
Guardian Savings Bank, A Federal Savings Bank
6100 WEST CHESTER RD
WEST CHESTER, OH 45069
* $ 861,518,000 1 $ 96,000
Bank of Ann Arbor
1333 W ANN ARBOR ROAD
ANN ARBOR, MI 48104
* $ 1,224,773,000 1 $ 96,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ 35,475,880,000 1 $ 112,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 1 $ 74,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 79,000
Chicago Mortgage Solutions LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ 10,000,000 1 $ 180,000
Talmer B&Tc
2301 W BIG BEAVER RD
TROY, MI 48084
* $ 6,586,459,000 1 $ 78,000
True Community Credit Union
1100 CLINTON RD
JACKSON, MI 49202
* $ 401,210,000 1 $ 25,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 988,439,000 1 $ 87,000
Mackinac Savings Bank FSB
280 N CONGRESS AVE
BOYNTON BEACH, FL 33426
* $ 106,978,000 1 $ 42,000
Team One Credit Union
520 HAYDEN
SAGINAW, MI 48607
* $ 451,767,000 1 $ 45,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 1 $ 5,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 85,747,508,000 1 $ 27,000
Comerica Bank

FARMINGTON HILLS, MI 48331
* $ 71,861,217,000 1 $ 104,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 1 $ 96,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 19,460,442,000 1 $ 450,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 11,567,246,000 1 $ 108,000

The tables below break down 2016 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 2016

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 198 $23,742,000 $119,000 $840,000 $88,000 $1,676,000
Home Purchase 177 $20,618,000 $116,000 $450,000 $90,000 $569,000
Home Improvement 29 $983,000 $33,000 $170,000 $55,000 $150,000

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 325 $36,304,000 $111,000 $840,000 $92,000 $1,676,000
Not Provided 47 $5,639,000 $119,000 $306,000 $83,000 $331,000
Not applicable 22 $2,283,000 $103,000 $185,000 $14,000 $73,000
American Indian or Alaskan Native 6 $592,000 $98,000 $127,000 $56,000 $158,000
Black or African American 2 $248,000 $124,000 $168,000 $69,000 $90,000
Hispanic 1 $119,000 $119,000 $119,000 $199,000 $199,000
Asian 1 $158,000 $158,000 $158,000 $96,000 $96,000
Native Hawaiin 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) 295 $34,107,000 $115,000 $840,000 $105,000 $1,676,000
FHA-insured (Federal Housing Administration) 51 $4,728,000 $92,000 $280,000 $38,000 $153,000
VA-guaranteed (Veterans Administration) 42 $5,246,000 $124,000 $277,000 $39,000 $140,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 16 $1,262,000 $78,000 $107,000 $24,000 $50,000

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 188 $21,824,000 $116,000 $840,000 $102,000 $1,676,000
Application Denied By Financial Institution 113 $12,075,000 $106,000 $450,000 $77,000 $1,200,000
Application Withdrawn By Applicant 45 $5,243,000 $116,000 $280,000 $87,000 $360,000
Loan Purchased By The Institution 34 $3,842,000 $113,000 $244,000 $58,000 $569,000
File Closed For Incompleteness 16 $1,626,000 $101,000 $185,000 $47,000 $138,000
Application Approved But Not Accepted 8 $733,000 $91,000 $180,000 $70,000 $165,000
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
Credit History 20 $1,744,000 $87,000 $450,000 $71,000 $392,000
Collateral 19 $1,880,000 $98,000 $274,000 $88,000 $195,000
Credit Application Incomplete 9 $1,203,000 $133,000 $286,000 $121,000 $290,000
Debt-To-Income Ratio 7 $619,000 $88,000 $134,000 $46,000 $81,000
Other 5 $579,000 $115,000 $172,000 $44,000 $145,000
Employment History 2 $111,000 $55,000 $78,000 $30,000 $40,000
Unverifiable Information 1 $23,000 $23,000 $23,000 $53,000 $53,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
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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