Gratiot County, MI Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 1,225 mortgage applications in Gratiot County, MI totaling $101.2 million, up 3% from 2010. The average application was for $82,000, and applicants reported an average income of $57,000. 51% of applications resulted in an originated loan and 24% were denied. The most active lender was Firstbank - Alma Mortgage Co, with 246 applications, followed by Commercial Bank and Chemical Bank.

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Total Number of Mortgage Applications 1,225
Total Mortgage Loan Application Amount $101,216,000
Average Mortgage Loan Application Amount $82,000
Highest Mortgage Loan Application Amount $1,015,000
Average Applicant Income $57,000
Highest Applicant Income $2,865,000

Mortgage Company List for Lending in Gratiot County, MI for 2011

* 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
Firstbank - Alma Mortgage Co
311 WOODWORTH AVE.
ALMA, MI 48801
* $ 260,365,000 246 $ 20,108,000
Commercial Bank
301 N. STATE ST
ALMA, MI 48801
* $ 402,334,000 166 $ 14,713,000
Chemical Bank
333 E MAIN STREET
MIDLAND, MI 48640
* $ 5,237,745,000 138 $ 8,081,000
Isabella Bank
139 E. BROADWAY
MT PLEASANT, MI 48858
* $ 1,168,698,000 106 $ 9,146,000
Firsbank - Alma
311 WOODWORTH AVE
ALMA, MI 48846
* $ 257,434,000 44 $ 1,105,000
Neighborhood Mortgage Solutions, LLC
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 37 $ 2,537,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,104,833,000,000 36 $ 3,273,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 36 $ 3,419,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 26 $ 3,028,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 108,668,289,000 23 $ 1,618,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 23 $ 2,060,000
Independent Bank
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,536,098,000 21 $ 1,565,000
Fifth Third Mortgage, Mi LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 20 $ 1,963,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 17 $ 2,080,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 13 $ 1,599,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 12 $ 929,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 108,971,662,000 12 $ 1,224,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 10 $ 801,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ 10,000,000 10 $ 980,000
Mortgage Center Lc
26555 EVERGREEN RD SUITE 900
SOUTHFIELD, MI 48076
* $ 30,000,000 10 $ 780,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 9 $ 189,000
Arbor Mortgage Corporation
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 9 $ 832,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 9 $ 856,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 467,975,000 8 $ 298,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 52,799,993,000 7 $ 492,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 10,788,420,000 6 $ 416,000
Journey Federal Credit Union
1200 ZEEB DRIVE
ST. JOHNS, MI 48879
* $ 78,847,000 6 $ 127,000
Firstbank - St Johns Mtg Co
201 N CLINTON AVE
ST JOHNS, MI 48879
* $ 35,330,000 5 $ 498,000
Michigan One Community Credit Union
510 S DEXTER ST.
IONIA, MI 48446
* $ 73,459,000 5 $ 533,000
Amerifirst Financial Corporati
616 WEST CENTRE AVENUE
PORTAGE, MI 49024
* $ 10,000,000 5 $ 427,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 5 $ 498,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ 10,000,000 4 $ 336,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 4 $ 420,000
Citizens Bank
328 S SAGINAW ST
FLINT, MI 48502
* $ 9,709,977,000 4 $ 79,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 4 $ 446,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 254,825,730,000 4 $ 334,000
Lake Trust Credit Union
4605 S OLD US HIGHWAY 23
BRIGHTON, MI 48114
* $ 1,560,662,000 4 $ 52,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 3 $ 160,000
Jolt Credit Union
6180 STATE STREET
SAGINAW, MI 48603
* $ 286,500,000 3 $ 85,000
Lafcu
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ 501,616,000 3 $ 330,000
First Independence Bank
7310 WOODWARD AVE SUITE 101
DETROIT, MI 48202
* $ 183,830,000 3 $ 228,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 48,783,813,000 3 $ 286,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,216,291,000,000 3 $ 161,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 3 $ 312,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 3 $ 253,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 3 $ 230,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 3 $ 306,000
Qr Lending Inc
555 ZOR SHRINE PLACE
MADISON, WI 53719
* $ 1,093,327,000 3 $ 260,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 2 $ 133,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 2 $ 191,000
Comerica Bank

FARMINGTON HILLS, MI 48331
* $ 54,071,375,000 2 $ 127,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 2 $ 552,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 2 $ 141,000
Mortgage300 Corporation
10 SE CENTRAL PARKWAY SUITE 325
STUART, FL 34994
* $ 500,000 2 $ 164,000
Citifinancial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 2 $ 64,000
Homestead Savings Bank
415 S SUPERIOR ST
ALBION, MI 49224
* $ 79,256,000 2 $ 201,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 555,205,000 2 $ 210,000
Pfcu
9077 CHARLOTTE HWY
PORTLAND, MI 48875
* $ 221,286,000 2 $ 28,000
Dow Credit Union
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,350,354,000 2 $ 224,000
Security Credit Union
5255 SECURITY PARK BLVD
HOLLY, MI 48442
* $ 357,147,000 1 $ 5,000
Frankenmuth Credit Union
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 211,224,000 1 $ 56,000
Case Credit Union
PO BOX 22158 4316 SOUTH PENNSYLVANIA AVENUE
LANSING, MI 48909
* $ 193,163,000 1 $ 45,000
Guaranteed Home Mortgage Compa
108 CORPORATE PARK DRIVE - SUITE 301
WHITE PLAINS, NY 10604
* $ 10,000,000 1 $ 119,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 2,163,220,000 1 $ 105,000
Wanigas Credit Union
4026 SHATTUCK RD
SAGINAW, MI 48603
* $ 245,559,000 1 $ 53,000
Community Financial Credit Uni
PO BOX 8050
PLYMOUTH, MI 48170
* $ 457,006,000 1 $ 5,000
Msu Federal Credit Union
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 1,962,910,000 1 $ 417,000
Wildfire Credit Union
6640 BAY RD
SAGINAW, MI 48605
* $ 609,242,000 1 $ 36,000
Bank of Ann Arbor
1333 W ANN ARBOR ROAD
ANN ARBOR, MI 48104
* $ 690,925,000 1 $ 119,000
The Bank of Holland
150 CENTRAL AVE
HOLLAND, MI 49423
* $ 618,340,000 1 $ 176,000
Hantz Bank
26200 AMERICAN DRIVE, 2ND FLOOR
SOUTHFIELD, MI 48034
* $ 43,034,000 1 $ 136,000
Summit Community Bank
1600 ABBOT RD
EAST LANSING, MI 48823
* $ 155,301,000 1 $ 75,000
Mercantile Bank Mtg Co LLC
4613 ALPINE AVE NW
COMSTOCK PARK, MI 49321
* $ 698,000,000 1 $ 118,000
Dart Bank
368 S. PARK ST.
MASON, MI 48854
* $ 259,920,000 1 $ 90,000
Farmers Statebank of Munith
201 N MAIN ST
MUNITH, MI 49259
* $ 61,405,000 1 $ 130,000
Community State Bank
PO BOX 469
BIRCH RUN, MI 48415
* $ 192,086,000 1 $ 11,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 341,542,000 1 $ 12,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 1 $ 115,000
Carnegie Mortgage
2297 STATE HIGHWAY 33
HAMILTON SQUARE, NJ 08690
* $ 193,976,000 1 $ 95,000
Thumb National Bank and Trust Company
7254 MICHIGAN AVE., P.O. BOX 560
PIGEON, MI 48755
* $ 218,320,000 1 $ 800,000
South Central Bank, National Association
525 W ROOSEVELT RD
CHICAGO, IL 60607
* $ 241,311,000 1 $ 11,000
Wolverine Bank FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 314,420,000 1 $ 125,000
Nycb Mortgage Company, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 1 $ 191,000
Onemain Financial Servi
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 0 1 $ 51,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 15,104,501,000 1 $ 90,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 44,423,207,000 1 $ 75,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 109,283,991,000 1 $ 82,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 153,341,765,000 1 $ 176,000
US Bk NA Nd
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,955,059,000 1 $ 135,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,796,328,000 1 $ 167,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 12,522,585,000 1 $ 67,000
Metlife Bank, N.A.
1555 WEST WALNUT HILL LANE, STE. 200
IRVING, TX 75038
* $ 16,490,790,000 1 $ 89,000
First National Bank of Layton
1601 N. HILLFIELD ROAD
LAYTON, UT 84041
* $ 256,084,000 1 $ 84,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 1 $ 115,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 1 $ 334,000
Roundpoint Mortgage Company
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 1 $ 162,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ 35,475,880,000 1 $ 69,000
Amera Mortgage Corporation
1050 CORPORATE OFFICE DRIVE, STE 250
MILFORD, MI 48381
* $ 1,300,000,000 1 $ 61,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 1 $ 288,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 1 $ 116,000
Residential Finance Corp.
401 N. FRONT STREET, SUITE 300
COLUMBUS, OH 43215
* $ 17,533,484,000 1 $ 200,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ 10,000,000 1 $ 81,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 1 $ 62,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 1 $ 299,000
Generation Mortgage Company
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 1 $ 142,000
Fedtrust Mortgage
32000 NORTHWESTERN HWY. SUITE 240
FARMINGTON HILLS, MI 48334
* $ 10,000,000 1 $ 162,000
Member Advantage Mortgage
3330 BROADMOOR SE, SUITE B
GRAND RAPIDS, MI 49512
* $ 8,810,000 1 $ 152,000

The tables below break down 2011 mortgage applications in Gratiot 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 Gratiot County, MI in 2011

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 692 $68,126,000 $98,000 $1,015,000 $66,000 $2,865,000
Home Purchase 383 $29,303,000 $76,000 $512,000 $43,000 $207,000
Home Improvement 150 $3,787,000 $25,000 $451,000 $55,000 $234,000

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 992 $78,758,000 $79,000 $800,000 $61,000 $2,865,000
Not Provided 122 $11,039,000 $90,000 $660,000 $65,000 $819,000
Not applicable 68 $8,430,000 $123,000 $1,015,000 $3,000 $60,000
Hispanic 36 $2,577,000 $71,000 $205,000 $47,000 $186,000
American Indian or Alaskan Native 4 $241,000 $60,000 $174,000 $33,000 $60,000
Asian 2 $85,000 $42,000 $50,000 $22,000 $23,000
Black or African American 1 $86,000 $86,000 $86,000 $38,000 $38,000
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) 897 $75,623,000 $84,000 $1,015,000 $65,000 $2,865,000
FHA-insured (Federal Housing Administration) 210 $15,471,000 $73,000 $223,000 $36,000 $122,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 80 $6,491,000 $81,000 $800,000 $41,000 $877,000
VA-guaranteed (Veterans Administration) 38 $3,631,000 $95,000 $186,000 $36,000 $80,000

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 619 $50,381,000 $81,000 $1,015,000 $62,000 $877,000
Application Denied By Financial Institution 288 $20,962,000 $72,000 $512,000 $49,000 $819,000
Loan Purchased By The Institution 111 $10,509,000 $94,000 $298,000 $25,000 $207,000
Application Withdrawn By Applicant 83 $9,031,000 $108,000 $660,000 $96,000 $2,865,000
Application Approved But Not Accepted 70 $5,969,000 $85,000 $417,000 $59,000 $251,000
File Closed For Incompleteness 54 $4,364,000 $80,000 $210,000 $56,000 $180,000
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 35 $3,791,000 $108,000 $413,000 $79,000 $819,000
Credit History 30 $1,883,000 $62,000 $200,000 $43,000 $141,000
Debt-To-Income Ratio 20 $1,291,000 $64,000 $165,000 $35,000 $105,000
Other 13 $1,090,000 $83,000 $196,000 $36,000 $75,000
Credit Application Incomplete 6 $521,000 $86,000 $155,000 $59,000 $75,000
Employment History 3 $176,000 $58,000 $81,000 $37,000 $73,000
Insufficient Cash (Downpayment, Closing Cost) 2 $245,000 $122,000 $145,000 $58,000 $75,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 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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