Grand Traverse County, MI Mortgage Lenders & HMDA Data, 2010

In 2010, lenders reported 3,981 mortgage applications in Grand Traverse County, MI totaling $683.7 million, down 19% from 2009. The average application was for $171,000, and applicants reported an average income of $88,000. 48% of applications resulted in an originated loan and 19% were denied. The most active lender was The Huntington National Bank, with 500 applications, followed by Fifth Third Mortgage, Mi LLC and Fifth Third Bank.

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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 3,981
Total Mortgage Loan Application Amount $683,680,000
Average Mortgage Loan Application Amount $171,000
Highest Mortgage Loan Application Amount $1,516,000
Average Applicant Income $88,000
Highest Applicant Income $4,800,000

Mortgage Company List for Lending in Grand Traverse County, MI for 2010

* 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
The Huntington National Bank
7575 HUNTINGTON PARK DR
COLUMBUS, OH 43235
* $ 51,111,245,000 500 $ 81,202,000
Fifth Third Mortgage, Mi LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 387 $ 78,278,000
Fifth Third Bank
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 112,736,105,000 364 $ 39,752,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 112,736,105,000 346 $ 60,980,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,627,684,000,000 344 $ 59,470,000
Bank of America, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,465,221,449,000 298 $ 49,463,000
Wells Fargo Bank, NA
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 608,778,000,000 212 $ 39,653,000
First Place Bank
185 EAST MARKET
WARREN, OH 44481
* $ 3,245,297,000 104 $ 21,782,000
Branch Banking and Trust Co
223 W NASH STREET
WILSON, NC 27893
* $ 159,675,538,000 92 $ 18,881,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 70 $ 11,573,000
Citimortgage, Inc
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 59 $ 9,338,000
Citizens Bank
328 S SAGINAW ST
FLINT, MI 48502
* $ 11,336,105,000 59 $ 7,110,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 54 $ 10,216,000
Chemical Bank
333 E MAIN STREET
MIDLAND, MI 48640
* $ 4,243,065,000 53 $ 12,385,000
Ally Bank F/K/A/ Gmac Bank
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 55,302,902,000 51 $ 9,197,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 37,922,355,000 47 $ 7,299,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 260,309,849,000 41 $ 5,984,000
Staunton Financial Inc
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48076
* $ 10,000,000 39 $ 3,860,000
Flagstar Bank
5151 CORPORATE DR
TROY, MI 48098
* $ 14,483,100,000 38 $ 6,927,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 38 $ 6,792,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 37 $ 5,828,000
US Bank, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 276,376,130,000 35 $ 8,708,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 33 $ 6,335,000
Citicorp Trust Bank, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 17,832,340,000 28 $ 3,475,000
Wolverine Bank FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 304,800,000 26 $ 6,865,000
Mbank
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 515,515,000 25 $ 3,759,000
First Independence Bank
7310 WOODWARD AVE SUITE 101
DETROIT, MI 48202
* $ 159,260,000 24 $ 3,938,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 21 $ 2,685,000
Wildfire Credit Union
6640 BAY RD
SAGINAW, MI 48605
* $ 538,520,000 20 $ 1,937,000
Independent Mortgage Co
230 W MAIN ST
IONIA, MI 48846
* $ 2,963,444,000 19 $ 4,686,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 1,833,363,000 18 $ 3,768,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 17 $ 593,000
Arbor Mortgage Corporation
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 16 $ 2,878,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 15 $ 4,136,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 14 $ 1,846,000
Src Mortgage
402 E. FRONT STREET
TRAVERSE CITY, MI 49686
* $ 2,223,299,000 13 $ 1,841,000
Merrill Lynch Credit Corp
4500 PARK GRANADA CA7-910-01-24
CALABASAS, CA 91302
* $ 2,223,299,000 12 $ 4,543,000
Metlife Bank, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 14,106,965,000 11 $ 2,512,000
Npb Mortgage LLC
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 145,000,000 11 $ 2,573,000
Bank of Ann Arbor
1333 W ANN ARBOR ROAD
ANN ARBOR, MI 48104
* $ 543,312,000 11 $ 2,034,000
Msu Federal Credit Union
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 1,816,252,000 10 $ 1,431,000
Mortgage Center Lc
26555 EVERGREEN RD SUITE 900
SOUTHFIELD, MI 48076
* $ 30,000,000 9 $ 1,176,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 9 $ 1,950,000
Dfcu Financial
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 2,140,880,000 9 $ 1,259,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 9 $ 1,348,000
Citifinancial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 8 $ 332,000
Charles Schwab Bank
211 MAIN STREET
SAN FRANCISCO, CA 94105
* $ 43,242,751,000 8 $ 2,076,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 263,579,000 8 $ 1,274,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ 10,000,000 7 $ 1,705,000
Shore Mortgage
770 S. ADAMS ROAD #300
BIRMINGHAM, MI 48009
* $ 10,000,000 6 $ 1,182,000
Founders Bank & Trust
5200 CASCADE ROAD SE
GRAND RAPIDS, MI 49546
* $ 388,602,000 6 $ 1,477,000
Nfcu
820 FOLLIN LANE
VIENNA, VA 22180
* $ 39,610,194,000 6 $ 1,339,000
Tranex Financial Inc.
26200 AMERICAN DRIVE
SOUTHFIELD, MI 48034
* $ 10,000,000 6 $ 1,000,000
Amerifirst Financial Corporati
616 WEST CENTRE AVENUE
PORTAGE, MI 49024
* $ 10,000,000 6 $ 1,038,000
Mountain States Mortgage
1333 E 9400 S
SANDY, UT 84093
* $ 10,000,000 5 $ 682,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 475,815,000 5 $ 151,000
Everhome Mortgage Company
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 3,027,261,000 5 $ 949,000
Admirals Bank Former Domestic
815 RESERVOIR AVE
CRANSTON, RI 02910
* $ 234,124,000 5 $ 60,000
Capwest Mortgage Corporation
14231 METCALF AVE. STE. 200
OVERLAND PARK, KS 66223
* $ 629,176,000 5 $ 1,011,000
Neighborhood Mortgage Solutions, LLC
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 5 $ 475,000
Dow Credit Union
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,293,920,000 5 $ 1,342,000
First Residential Mortgage
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 4 $ 850,000
Summit Community Bank
1600 ABBOT RD
EAST LANSING, MI 48823
* $ 158,846,000 4 $ 687,000
Colonial Savings, F. A.
P. O. BOX 2988
FORT WORTH, TX 76113
* $ 964,882,000 4 $ 451,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 2,011,062,000 4 $ 95,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 4 $ 579,000
Franklin American Mortgage Co
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 3 $ 523,000
Freedom Mortgage Corp.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 3 $ 539,000
United Bank and Trust
2723 S STATE ST
ANN ARBOR, MI 48104
* $ 512,610,000 3 $ 995,000
New York Community Bank
1 JERICHO PLAZA
JERICHO, NY 11753
* $ 40,150,052,000 3 $ 649,000
Comerica Bank
500 WOODWARD AVE - MC 3352
DETROIT, MI 48226
* $ 59,143,523,000 3 $ 910,000
Isabella Bank
139 E. BROADWAY
MT PLEASANT, MI 48858
* $ 1,087,522,000 3 $ 772,000
Carnegie Mortgage
2297 STATE HIGHWAY 33
HAMILTON SQUARE, NJ 08690
* $ 193,976,000 3 $ 556,000
Everbank
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 8,059,724,000 3 $ 1,568,000
Ing Bank, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 90,293,933,000 3 $ 1,864,000
Ameriprise Bank, FSB
707 2ND AVENUE SOUTH
MINNEAPOLIS, MN 55474
* $ 2,823,342,000 3 $ 455,000
Onewest Bank, FSB
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 23,286,247,000 3 $ 618,000
Rbs Citizens, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 116,921,115,000 3 $ 352,000
Credit Union One
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 730,800,000 3 $ 40,000
Talmer Bank and Trust
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 91,353,000 3 $ 1,131,000
Mercantile Bank Mtg Co LLC
4613 ALPINE AVE NW
COMSTOCK PARK, MI 49321
* $ 698,000,000 3 $ 374,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 3 $ 411,000
Wanigas Credit Union
4026 SHATTUCK RD
SAGINAW, MI 48603
* $ 224,331,000 3 $ 697,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 3 $ 532,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 3 $ 486,000
Origen Financial Services LLC
27777 FRANKLIN ROAD SUITE 1710
SOUTHFIELD, MI 48034
* $ 10,000,000 2 $ 53,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 2 $ 429,000
Birmingham Bancorp Mortgage
6230 ORCHARD LAKE ROAD
WEST BLOOMFIELD, MI 48322
* $ 10,000,000 2 $ 311,000
Generation Mortgage Company
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 2 $ 586,000
Direct Mortgage Corp
13894 S BANGERTER PARKWAY SUITE 200
DRAPER, UT 84020
* $ 10,000,000 2 $ 314,000
Roundpoint Mortgage Company
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 2 $ 368,000
Guardian Mortgage Company, Inc
100 N. CENTRAL EXPRESSWAY SUITE 190
RICHARDSON, TX 75083
* $ 10,000,000 2 $ 344,000
Home Loan Center
163 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 10,000,000 2 $ 463,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 2 $ 509,000
Community Central Bank
120 N. MAIN STREET
MOUNT CLEMENS, MI 48043
* $ 546,407,000 2 $ 600,000
Macatawa Bank, N.A.

ROSEMONT, IL 60018
* $ 1,826,955,000 2 $ 371,000
Firstbank - Alma Mortgage Co
311 WOODWORTH AVE.
ALMA, MI 48801
* $ 260,365,000 2 $ 557,000
Marshall Community Credit Union
839 W GREEN ST
MARSHALL, MI 49068
* $ 156,147,000 2 $ 206,000
Jolt Credit Union
6180 STATE STREET
SAGINAW, MI 48603
* $ 260,926,000 2 $ 222,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,867,638,000 2 $ 51,000
Sterling National Mortgage Co.
98 CUTTERMILL RD
GREAT NECK, NY 11021
* $ 964,388,000 2 $ 290,000
Midfirst Bank
501 NW GRAND BLVD.
OKLAHOMA CITY, OK 73118
* $ 12,817,999,000 2 $ 116,000
State Farm Bank
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 16,157,711,000 2 $ 267,000
Pentagon Federal Credit Union
14300 SULLYFIELD CIRCLE
CHANTILLY, VA 20151
* $ 13,969,885,000 2 $ 425,000
The Privatebank and Trust Co.
120 SOUTH LASALLE STREET
CHICAGO, IL 60603
* $ 11,901,512,000 2 $ 699,000
University Bank
2015 WASHTENAW AVE
ANN ARBOR, MI 48104
* $ 133,720,000 2 $ 524,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 4,542,636,000 2 $ 252,000
Lafcu
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ 506,677,000 2 $ 269,000
1st Source Bank
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46601
* $ 4,522,551,000 2 $ 521,000
Suntrust Mortgage, Inc
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 164,340,844,000 2 $ 375,000
Choiceone Bank
109 E. DIVISION ST.
SPARTA, MI 49345
* $ 462,863,000 2 $ 438,000
Cole Taylor Bank
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 4,396,195,000 2 $ 343,000
Capital Mortgage Funding, LLC
17170 WEST 12 MILE ROAD
SOUTHFIELD, MI 48076
* $ 10,000,000 2 $ 701,000
Mortgage 1 Incorporated
43456 MOUND ROAD
STERLING HEIGHTS, MI 48314
* $ 9,135,000 2 $ 697,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 165,000
Allied Home Mtg Capital Corp
6110 PINEMONT DR., STE. 215
HOUSTON, TX 77092
* $ 10,000,000 1 $ 85,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 1 $ 133,000
Ranlife, Inc.
9272 S. 700 E.
SANDY, UT 84070
* $ 303,000 1 $ 237,000
Regions Bank
1900 5TH AVENUE N - ALBH10903B
BIRMINGHAM, AL 35203
* $ 138,006,763,000 1 $ 380,000
Independent Bank
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,963,444,000 1 $ 185,000
Marquette Bank
6316 S WESTERN AVE
CHICAGO, IL 60636
* $ 1,798,981,000 1 $ 274,000
Affinity Federal Credit Union
73 MOUNTAINVIEW BLVD.
BASKING RIDGE, NJ 07920
* $ 1,944,931,000 1 $ 417,000
Peoples State Bank of Commerce
7122 NOLENSVILLE RD
NOLENSVILLE, TN 37135
* $ 290,758,000 1 $ 284,000
Dart Bank
368 S. PARK ST.
MASON, MI 48854
* $ 279,679,000 1 $ 166,000
Harris N.A.
111 W. MONROE
CHICAGO, IL 60603
* $ 43,971,627,000 1 $ 127,000
United Federal Credit Union
2807 SOUTH STATE ST
ST. JOSEPH, MI 49085
* $ 1,108,831,000 1 $ 50,000
Peoples State Bank
1700 E 12 MILE RD
MADISON HEIGHTS, MI 48071
* $ 462,011,000 1 $ 295,000
First Financial Bank NA
255 EAST FIFTH STREET SUITE #900
CINCINNATI, OH 45202
* $ 6,671,924,000 1 $ 15,000
Citibank, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,161,361,000,000 1 $ 25,000
Wintrust Mortgage Corporation
660 MIDWEST RD SUITE 100
OAK BROOK TERRACE, IL 60181
* $ 300,000,000 1 $ 179,000
Morgan Stanley Credit Corp
75 N. FAIRWAY DR.
VERNON HILLS, IL 60061
* $ 36,000,000 1 $ 350,000
Access National Mortgage Corp
1800 ROBERT FULTON DR, SUITE 350
RESTON, VA 20191
* $ 10,000,000 1 $ 106,000
National Bank of Kansas City
10700 NALL AVENUE
OVERLAND PARK, KS 66211
* $ 708,191,000 1 $ 441,000
South Central Bank, National Association
525 W ROOSEVELT RD
CHICAGO, IL 60607
* $ 237,957,000 1 $ 25,000
Financial Freedom Acquisition
1 BANTING
IRVINE, CA 92618
* $ 36,000,000,000 1 $ 59,000
Community Financial Credit Uni
PO BOX 8050
PLYMOUTH, MI 48170
* $ 456,765,000 1 $ 38,000
Financial Plus Credit Union
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 374,412,000 1 $ 100,000
American Bank
9001 EDMONSTON ROAD, SUITE 100
GREENBELT, MD 20770
* $ 507,491,000 1 $ 109,000
Vibe
44575 W 12 MILE
NOVI, MI 48377
* $ 459,295,000 1 $ 131,000
Wmcu
1319 FRONT AVE NW
GRAND RAPIDS, MI 49504
* $ 101,106,000 1 $ 51,000
Community Choice Credit Union
31155 NORTHWESTERN HWY
FARMINGTON HILLS, MI 48334
* $ 435,753,000 1 $ 162,000
Astera Credit Union
5615 W SAGINAW HWY
LANSING, MI 48917
* $ 168,648,000 1 $ 121,000
Vibe Credit Union
1375 N OAKLAND BLVD
NOVI, MI 48377
* $ 157,718,000 1 $ 9,000
Frankenmuth Credit Union
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 214,452,000 1 $ 107,000
Affiliated Mortgage Company
1301 HUDSON LANE
MONROE, LA 71201
* $ 212,423,000 1 $ 183,000
First Federal Bank
601 CLINTON STREET
DEFIANCE, OH 43512
* $ 2,051,628,000 1 $ 400,000
Eaton Federal Savings Bank
236 SOUTH COCHRAN
CHARLOTTE, MI 48813
* $ 329,621,000 1 $ 86,000
E*Trade Bank
671 NORTH GLEBE RD, 12TH FLOOR
ARLINGTON, VA 22203
* $ 45,042,065,000 1 $ 400,000
Bankliberty
16 W FRANKLIN
LIBERTY, MO 64068
* $ 405,955,000 1 $ 120,000
Aurora Bank FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 4,851,667,000 1 $ 200,000
Icnb Mortgage Company LLC
302 W MAIN ST
IONIA, MI 48846
* $ 209,112,000 1 $ 165,000
Primary Residential Mortgage
4750 W WILEY POST WAY SUITE 200
SALT LAKE CITY, UT 84116
* $ 10,000,000 1 $ 192,000
Residential Finance Corp.
401 N. FRONT STREET, SUITE 300
COLUMBUS, OH 43215
* $ 17,533,484,000 1 $ 117,000
Success Mortgage Partners, Inc
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ 1,912,000 1 $ 249,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 407,000
1st Advantage Mortgage
701 E 22ND ST, STE 125
LOMBARD, IL 60148
* $ 10,000,000 1 $ 133,000
Fedtrust Mortgage
32000 NORTHWESTERN HWY. SUITE 240
FARMINGTON HILLS, MI 48334
* $ 10,000,000 1 $ 155,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 110,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 121,000
Allied Home Mortgage Corp.
6110 PINEMONT DR., STE. 220
HOUSTON, TX 77092
* $ 10,000,000 1 $ 97,000
Homeowners Mortgage of America
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 1 $ 131,000

The tables below break down 2010 mortgage applications in Grand Traverse 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 Grand Traverse County, MI in 2010

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 2,971 $525,392,000 $176,000 $1,516,000 $86,000 $1,790,000
Home Purchase 919 $151,123,000 $164,000 $1,500,000 $98,000 $4,800,000
Home Improvement 91 $7,165,000 $78,000 $417,000 $76,000 $1,456,000

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 3,420 $584,236,000 $170,000 $1,516,000 $94,000 $4,800,000
Not Provided 261 $46,156,000 $176,000 $930,000 $83,000 $893,000
Not applicable 214 $40,421,000 $188,000 $736,000 $3,000 $137,000
Hispanic 39 $6,063,000 $155,000 $639,000 $78,000 $443,000
American Indian or Alaskan Native 30 $3,987,000 $132,000 $340,000 $76,000 $225,000
Asian 11 $2,129,000 $193,000 $274,000 $107,000 $504,000
Black or African American 4 $364,000 $91,000 $168,000 $55,000 $81,000
Native Hawaiian or Other Pacific Islander 2 $324,000 $162,000 $220,000 $108,000 $120,000

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) 3,244 $575,173,000 $177,000 $1,516,000 $98,000 $4,800,000
FHA-insured (Federal Housing Administration) 500 $75,505,000 $151,000 $736,000 $45,000 $304,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 173 $22,448,000 $129,000 $249,000 $44,000 $90,000
VA-guaranteed (Veterans Administration) 64 $10,554,000 $164,000 $441,000 $38,000 $290,000

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 1,905 $326,649,000 $171,000 $1,500,000 $98,000 $3,798,000
Loan Purchased By The Institution 793 $138,411,000 $174,000 $1,088,000 $64,000 $1,218,000
Application Denied By Financial Institution 743 $125,505,000 $168,000 $1,516,000 $77,000 $1,790,000
Application Withdrawn By Applicant 288 $54,972,000 $190,000 $1,500,000 $126,000 $4,800,000
Application Approved But Not Accepted 152 $22,027,000 $144,000 $636,000 $77,000 $300,000
File Closed For Incompleteness 100 $16,116,000 $161,000 $1,000,000 $78,000 $344,000
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 231 $43,172,000 $186,000 $1,172,000 $94,000 $1,177,000
Debt-To-Income Ratio 150 $26,318,000 $175,000 $1,516,000 $55,000 $368,000
Credit Application Incomplete 98 $15,156,000 $154,000 $760,000 $77,000 $757,000
Credit History 81 $9,806,000 $121,000 $595,000 $57,000 $325,000
Other 65 $10,458,000 $160,000 $417,000 $78,000 $324,000
Unverifiable Information 20 $3,864,000 $193,000 $410,000 $93,000 $342,000
Employment History 10 $920,000 $92,000 $193,000 $39,000 $169,000
Insufficient Cash (Downpayment, Closing Cost) 6 $730,000 $121,000 $176,000 $55,000 $75,000
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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