Clare County, MI Mortgage Lenders & HMDA Data, 2023

In 2023, lenders reported 1,311 mortgage applications in Clare County, MI totaling $146.1 million, down 20% from 2022. The average application was for $111,000, and applicants reported an average income of $85,000. 50% of applications resulted in an originated loan and 23% were denied. The most active lender was Huntington National Bank, with 155 applications, followed by Members First Credit Union and Isabella Bank.

Looking for lender-specific data?
Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in Michigan.
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 1,311
Total Mortgage Loan Application Amount $146,135,000
Average Mortgage Loan Application Amount $111,000
Highest Mortgage Loan Application Amount $505,000
Average Applicant Income $85,000
Highest Applicant Income $1,136,000

Mortgage Company List for Lending in Clare County, MI for 2023

* 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
* $ 182,325,674,000 155 $ 14,755,000
Members First Credit Union
PO BOX 2165
MIDLAND, MI 48640
* $ 814,372,000 90 $ 5,870,000
Isabella Bank
139 E. BROADWAY
MT PLEASANT, MI 48858
* $ 1,981,367,000 85 $ 10,255,000
Mercantile Bank
310 LEONARD STREET NORTH WEST
GRAND RAPIDS, MI 49504
* $ 4,853,001,000 63 $ 7,175,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 38 $ 6,110,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 29 $ 3,835,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 28 $ 3,320,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 552,307,127,000 26 $ 2,280,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 26 $ 2,870,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 25 $ 2,425,000
Msu Federal Credit Union
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 7,276,719,000 23 $ 2,175,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 206,289,179,000 18 $ 1,650,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 129,461,046,000 17 $ 1,075,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 16 $ 1,620,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 11,908,096,000 16 $ 2,120,000
Dow Credit Union
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 2,121,428,000 16 $ 1,580,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ -1,000 16 $ 2,300,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 15 $ 1,885,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 14 $ 2,040,000
Independent Bank
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 4,995,759,000 13 $ 1,375,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 11 $ 725,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 11 $ 1,565,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 11 $ 945,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 11 $ 645,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 11 $ 765,000
Legacy Mortgage
1537 E HILL RD SUITE 100
GRAND BLANC, MI 48439
* $ -1,000 10 $ 1,940,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 9 $ 685,000
Mortgage Center Lc
26555 EVERGREEN RD SUITE 900
SOUTHFIELD, MI 48076
* $ -1,000 9 $ 845,000
Neighborhood Loans, Inc
1333 BUTTERFIELD RD SUITE 600
DOWNERS GROVE, IL 60515
* $ -1,000 9 $ 1,065,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 8 $ 1,020,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 8 $ 380,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 8 $ 820,000
Dart Bank
368 S. PARK ST.
MASON, MI 48854
* $ 931,934,000 8 $ 750,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 8 $ 1,310,000
Mortgage 1 Incorporated
43456 MOUND ROAD
STERLING HEIGHTS, MI 48314
* $ -1,000 8 $ 1,050,000
Lafcu
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ 986,595,000 7 $ 365,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 7 $ 685,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 7 $ 1,085,000
Flagstar Bank NA

TROY, MI 49098
* $ 90,036,656,000 7 $ 1,165,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ -1,000 7 $ 775,000
Wildfire Credit Union
6640 BAY RD
SAGINAW, MI 48605
* $ 1,031,864,000 7 $ 1,145,000
Lake Trust Credit Union
4605 S OLD US HIGHWAY 23
BRIGHTON, MI 48114
* $ 2,583,731,000 7 $ 395,000
Consumers Credit Union
PO BOX 525
KALAMAZOO, MI 49009
* $ 2,031,988,000 6 $ 1,100,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 6 $ 410,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 6 $ 720,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 6 $ 1,100,000
Michigan Schools and Governmen
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 3,328,841,000 6 $ 310,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,418,508,000,000 6 $ 380,000
Staunton Financial Inc
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48076
* $ -1,000 6 $ 820,000
Mortgage300 Corporation
10 SE CENTRAL PARKWAY SUITE 325
STUART, FL 34994
* $ -1,000 6 $ 760,000
Hall Financial
888 W BIG BEAVER RD, SUITE 800
TROY, MI 48083
* $ -1,000 6 $ 790,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 5 $ 845,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 5 $ 765,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 5 $ 595,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 5 $ 585,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 3,765,608,000 5 $ 465,000
Credit Union One
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 1,758,444,000 4 $ 240,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 4 $ 550,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 4 $ 640,000
Dfcu Financial
400 TOWN CENTER DRIVE
DEARBORN, MI 48121
* $ 6,002,039,000 4 $ 530,000
Gvc Mortgage, Inc.
ONE PLAZA DRIVE, SUITE 3
SUITE 200, IN 46064
* $ -1,000 4 $ 790,000
United Financial Credit Union
4685 STATE ST.
SAGINAW, MI 48603
* $ 320,414,000 4 $ 280,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 4 $ 610,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ 3,141,703,000 4 $ 150,000
Frankenmuth Credit Union
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 1,199,213,000 4 $ 640,000
Community Financial
500 S HARVEY ST
PLYMOUTH, MI 48170
* $ 1,531,732,000 4 $ 450,000
Elga Credit Union
2303 S. CENTER ROAD
GRAND BLANC, MI 48439
* $ 1,416,441,000 4 $ 220,000
Thumb Bank & Trust
7254 MICHIGAN AVE., P.O. BOX 560
PIGEON, MI 48755
* $ 379,172,000 4 $ 640,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,717,531,000,000 4 $ 730,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 4 $ 490,000
Genisys Credit Union
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 4,469,837,000 3 $ 225,000
Horizon Bank
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 7,794,340,000 3 $ 365,000
Beeline Loans, Inc.
188 VALLEY ST SUITE 225
PROVIDENCE, RI 02909
* $ -1,000 3 $ 425,000
Geneva Financial LLC
180 S ARIZONA AVE STE 310
CHANDLER, AZ 85225
* $ -1,000 3 $ 235,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 3 $ 325,000
Extra Credit Union
6611 CHICAGO ROAD
WARREN, MI 48092
* $ 314,333,000 3 $ 235,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 3 $ 315,000
Honor Credit Union
EDGEWOOD RD
BERRIEN SPRINGS, MI 49103
* $ 1,585,971,000 3 $ 245,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 3 $ 325,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 34,681,050,000 3 $ 285,000
Arbor Financial Credit Union
1551 SOUTH 9TH STREET
KALAMAZOO, MI 49009
* $ 882,513,000 2 $ 520,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 2 $ 430,000
The Loan Store, Inc

TUCSON, AZ 85718
* $ -1,000 2 $ 610,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 230,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 2 $ 270,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 2 $ 290,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ -1,000 2 $ 400,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 2 $ 300,000
Homepromise Corporation
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ -1,000 2 $ 450,000
County National Bank
ONE SOUTH HOWELL ST
HILLSDALE, MI 49242
* $ 1,165,269,000 2 $ 230,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 230,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 2 $ 130,000
Royal Pacific Funding
4000 MACARTHUR BLVD TOWER - 7TH
NEWPORT BEACH, CA 92660
* $ -1,000 2 $ 110,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 2 $ 160,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 2 $ 100,000
Real Genius LLC
1625 S CONGRESS AVE STE 190
DELRAY BEACH, FL 33445
* $ -1,000 2 $ 190,000
Community Choice Credit Union
31155 NORTHWESTERN HWY
FARMINGTON HILLS, MI 48334
* $ 1,750,069,000 2 $ 110,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 2 $ 250,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 2 $ 150,000
Legend Lending Corporation
17047 EL CAMINO REAL, SUITE 150
HOUSTON, TX 77058
* $ -1,000 2 $ 410,000
Highlands Residential Mortgage, Ltd.
950 W BETHANY DR STE 800
ALLEN, TX 75013
* $ -1,000 2 $ 120,000
Mid-Continent Funding, Inc.
3401 W BROADWAY BUSINESS PARK CT STE 213
COLUMBIA, MO 65203
* $ -1,000 2 $ 350,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 2 $ 270,000
Dort Financial Credit Union
9048 HOLLY ROAD
GRAND BLANC, MI 48439
* $ 1,504,358,000 2 $ 70,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 2 $ 230,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 2 $ 330,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 4,554,611,000 1 $ 5,000
Interest Mortgage, L.L.C.
9726 OLD BAILES ROAD, SUITE 301
FORT MILL, SC 29707
* $ -1,000 1 $ 155,000
Family First CU
3550 TITTABAWASSEE
SAGINAW, MI 48602
* $ 88,618,000 1 $ 95,000
Teachers Federal Credit Union
102 MOTOR PARKWAY
HAUPPAUGE, NY 11788
* $ 9,280,218,000 1 $ 55,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 46,490,438,000 1 $ 125,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 1 $ 85,000
V.I.P. Mortgage, Inc.
9221 E VIA DE VENTURA
SCOTTSDALE, AZ 85258
* $ -1,000 1 $ 105,000
Southern Michigan Bank & Trust
51 WEST PEARL STREET
COLDWATER, MI 49036
* $ 1,272,193,000 1 $ 125,000
Data Mortgage, Inc

OCALA, FL 34475
* $ -1,000 1 $ 125,000
Jolt Credit Union
6180 STATE STREET
SAGINAW, MI 48603
* $ 457,330,000 1 $ 165,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 1 $ 215,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 1 $ 205,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 1 $ 35,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 8,876,888,000 1 $ 295,000
Zeal Credit Union
17250 NEWBURGH
LIVONIA, MI 48152
* $ 831,209,000 1 $ 65,000
Liberty Home Mortgage Corp
4401 ROCKSIDE RD 310
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 155,000
Success Mortgage Partners, Inc
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ -1,000 1 $ 145,000
Adventure Credit Union
630 32ND ST SE
GRAND RAPIDS, MI 49548
* $ 437,120,000 1 $ 75,000
Genhome Mortgage Corporation

IRVINE, CA 92614
* $ -1,000 1 $ 155,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ -1,000 1 $ 415,000
Advia Credit Union
550 S RIVERVIEW DR
KALAMAZOO, MI 49009
* $ 2,892,338,000 1 $ 25,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 1 $ 95,000
Financial Plus Credit Union
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 1,228,239,000 1 $ 295,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 780,976,000 1 $ 265,000
United Bank of Michigan
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ 902,322,000 1 $ 65,000
Blg Holdings, LLC
2353 S. LINDEN RD. SUITE A
FLINT, MI 48507
* $ -1,000 1 $ 75,000
Homestar Financial Corporation
332 WASHINGTON STREET, NW
PEACHTREE CORNERS, GA 30501
* $ -1,000 1 $ 135,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 135,000
Vibe Credit Union
1375 N OAKLAND BLVD
NOVI, MI 48377
* $ 1,218,827,000 1 $ 105,000
Team One Credit Union
520 HAYDEN
SAGINAW, MI 48607
* $ 750,658,000 1 $ 15,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 115,000
Ally Bank

CHARLOTTE, NC 28202
* $ 181,890,000,000 1 $ 95,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,766,752,000,000 1 $ 55,000
Canopy Mortgage, LLC
360 TECHNOLOGY COURT STE. 200
LINDON, UT 84003
* $ -1,000 1 $ 155,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 1 $ 225,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 145,000
Alliance Catholic Credit Union
26913 NORTHWESTERN HWY STE 520
FARMINGTON HILLS, MI 48334
* $ 638,620,000 1 $ 85,000
Community West Credit Union
4045 60TH ST SE
KENTWOOD, MI 49512
* $ 270,578,000 1 $ 65,000
Comerica Bank

FARMINGTON HILLS, MI 48331
* $ 85,531,000,000 1 $ 35,000
Security Credit Union
5255 SECURITY PARK BLVD
HOLLY, MI 48442
* $ 624,657,000 1 $ 25,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 55,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ 18,739,008,000 1 $ 15,000
Sunflower Bank, N.A.
3025 CORTLAND CIRCLE - PO BOX 800
DALLAS, TX 75225
* $ 7,415,263,000 1 $ 225,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 441,843,000 1 $ 135,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 1 $ 125,000
Arvest Bank

TULSA, OK 74103
* $ 26,441,420,000 1 $ 95,000
Health Advantage Federal Credi
4550 STATE ST.
SAGINAW, MI 48603
* $ 178,170,000 1 $ 95,000
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ 11,283,366,000 1 $ 145,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 155,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 1 $ 55,000
Michigan One Community Credit Union
510 S DEXTER ST.
IONIA, MI 48446
* $ 200,183,000 1 $ 35,000
Usalliance Federal Credit Union
411 THEODORE FREMD AVE, SUITE 350
RYE, NY 10580
* $ 2,703,475,000 1 $ 65,000
Superior National Bank
235 QUINCY ST
HANCOCK, MI 49930
* $ 1,043,951,000 1 $ 155,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 110,900,000,000 1 $ 175,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 176,980,258,000 1 $ 105,000
The State Bank
175 N LEROY ST
FENTON, MI 48430
* $ 1,687,848,000 1 $ 35,000
First Merchants Bank
200 E. JACKSON ST.
MUNCIE, IN 47305
* $ 17,923,519,000 1 $ 405,000
Eaton Community Bank
236 S. COCHRAN AVENUE, P.O. BOX 219
CHARLOTTE, MI 48813
* $ 459,614,000 1 $ 135,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 4,401,730,000 1 $ 65,000
United Bay Community CU
1309 N. LINCOLN AVE.
BAY CITY, MI 48708
* $ 282,562,000 1 $ 35,000

The tables below break down 2023 mortgage applications in Clare 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 Clare County, MI in 2023

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 647 $88,765,000 $137,000 $475,000 $94,000 $665,000
Cash-out Refinancing 223 $23,655,000 $106,000 $315,000 $69,000 $1,136,000
Other Purpose 181 $12,475,000 $68,000 $505,000 $80,000 $887,000
Home Improvement 172 $12,180,000 $70,000 $505,000 $83,000 $587,000
Refinancing 84 $8,880,000 $105,000 $455,000 $79,000 $381,000
Not Applicable 4 $180,000 $45,000 $95,000 $0 $0

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 1,047 $114,605,000 $109,000 $505,000 $86,000 $1,136,000
Not Provided 150 $17,260,000 $115,000 $415,000 $80,000 $425,000
Not applicable 70 $8,970,000 $128,000 $385,000 $0 $0
Hispanic 23 $2,595,000 $112,000 $265,000 $61,000 $365,000
American Indian or Alaskan Native 10 $1,280,000 $128,000 $225,000 $85,000 $159,000
Asian 5 $725,000 $145,000 $205,000 $166,000 $220,000
Black or African American 5 $625,000 $125,000 $195,000 $104,000 $264,000
Native Hawaiian or Other Pacific Islander 1 $75,000 $75,000 $75,000 $24,000 $24,000

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) 971 $102,215,000 $105,000 $505,000 $94,000 $1,136,000
FHA-insured (Federal Housing Administration) 228 $25,970,000 $113,000 $355,000 $53,000 $328,000
VA-guaranteed (Veterans Administration) 94 $16,000,000 $170,000 $415,000 $60,000 $170,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 18 $1,950,000 $108,000 $205,000 $46,000 $74,000

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 662 $78,390,000 $118,000 $505,000 $96,000 $1,136,000
Application Denied By Financial Institution 300 $26,740,000 $89,000 $455,000 $56,000 $328,000
Application Withdrawn By Applicant 190 $23,220,000 $122,000 $415,000 $94,000 $648,000
Loan Purchased By The Institution 72 $9,330,000 $129,000 $385,000 $63,000 $95,000
File Closed For Incompleteness 52 $4,780,000 $91,000 $225,000 $69,000 $388,000
Application Approved But Not Accepted 24 $2,570,000 $107,000 $295,000 $93,000 $365,000
Preapproval Approved but not Accepted 10 $1,000,000 $100,000 $195,000 $108,000 $469,000
Preapproval Denied by Financial Institution 1 $105,000 $105,000 $105,000 $40,000 $40,000

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 985 $116,255,000 $118,000 $505,000 $94,000 $1,136,000
Credit History 99 $7,095,000 $71,000 $455,000 $55,000 $205,000
Debt-To-Income Ratio 90 $9,880,000 $109,000 $505,000 $63,000 $472,000
Collateral 75 $7,555,000 $100,000 $305,000 $63,000 $252,000
Credit Application Incomplete 30 $2,130,000 $71,000 $205,000 $73,000 $328,000
Other 10 $670,000 $67,000 $115,000 $32,000 $57,000
Employment History 9 $635,000 $70,000 $155,000 $37,000 $52,000
Unverifiable Information 7 $1,075,000 $153,000 $405,000 $65,000 $147,000
Insufficient Cash (Downpayment, Closing Cost) 6 $840,000 $140,000 $345,000 $70,000 $140,000
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.

Download the Michigan Lender List