Lake County, MI Mortgage Lenders & HMDA Data, 2009

In 2009, lenders reported 530 mortgage applications in Lake County, MI totaling $56.1 million, down 9% from 2008. The average application was for $105,000, and applicants reported an average income of $77,000. 45% of applications resulted in an originated loan and 23% were denied. The most active lender was Fifth Third Mortgage, Mi LLC, with 40 applications, followed by Fifth Third Mortgage Company and The Huntington National 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 530
Total Mortgage Loan Application Amount $56,078,000
Average Mortgage Loan Application Amount $105,000
Highest Mortgage Loan Application Amount $416,000
Average Applicant Income $77,000
Highest Applicant Income $807,000

Mortgage Company List for Lending in Lake County, MI for 2009

* 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
Fifth Third Mortgage, Mi LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 40 $ 5,592,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 69,459,606,000 29 $ 3,930,000
The Huntington National Bank
7575 HUNTINGTON PARK DR
COLUMBUS, OH 43235
* $ 53,586,626,000 29 $ 2,680,000
Wells Fargo Bank, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 538,958,000,000 26 $ 3,180,000
Bank of America, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,471,631,047,000 25 $ 2,217,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,746,242,000,000 23 $ 2,936,000
Chemical Bank
333 E MAIN STREET
MIDLAND, MI 48640
* $ 3,866,622,000 23 $ 1,734,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 1,488,726,000 19 $ 2,302,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 409,625,000 17 $ 588,000
Fifth Third Bank
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 69,459,606,000 16 $ 992,000
Independent Mortgage Co
230 W MAIN ST
IONIA, MI 48846
* $ 2,953,214,000 15 $ 1,663,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 140,777,455,000 15 $ 1,915,000
Citibank, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,227,040,000,000 15 $ 1,025,000
Flagstar Bank
5151 CORPORATE DR
TROY, MI 48098
* $ 14,157,838,000 15 $ 1,194,000
Macatawa Bank, N.A.

ROSEMONT, IL 60018
* $ 2,147,294,000 11 $ 1,519,000
Citifinancial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 10 $ 446,000
Citimortgage, Inc
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 9 $ 1,118,000
The First State Bank
PO BOX 295
BARBOURSVILLE, WV 25504
* $ 180,373,000 9 $ 765,000
Ally Bank F/K/A/ Gmac Bank
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 32,882,574,000 9 $ 1,145,000
Wmcu
1319 FRONT AVE NW
GRAND RAPIDS, MI 49504
* $ 87,621,000 9 $ 674,000
Countrywide Bank FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 117,978,966,000 8 $ 715,000
Founders Bank & Trust
5200 CASCADE ROAD SE
GRAND RAPIDS, MI 49546
* $ 376,057,000 7 $ 1,472,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 7 $ 1,118,000
Citizens Bank
328 S SAGINAW ST
FLINT, MI 48502
* $ 12,266,600,000 6 $ 653,000
Metlife Bank, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 10,273,647,000 5 $ 464,000
Mercantile Bank Mtg Co LLC
4613 ALPINE AVE NW
COMSTOCK PARK, MI 49321
* $ 698,000,000 5 $ 1,178,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 4 $ 255,000
Isabella Bank
139 E. BROADWAY
MT PLEASANT, MI 48858
* $ 1,083,993,000 4 $ 469,000
Nfcu
820 FOLLIN LANE
VIENNA, VA 22180
* $ 36,351,625,000 4 $ 434,000
The Bank of Holland
150 CENTRAL AVE
HOLLAND, MI 49423
* $ 602,292,000 3 $ 519,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 3 $ 322,000
Comerica Bank
500 WOODWARD AVE - MC 3352
DETROIT, MI 48226
* $ 67,597,552,000 3 $ 287,000
The Shelby State Bank
242 N MICHIGAN AVE
SHELBY, MI 49455
* $ 175,658,000 3 $ 381,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 3 $ 295,000
Mortgage Center Lc
26555 EVERGREEN RD SUITE 900
SOUTHFIELD, MI 48076
* $ 30,000,000 3 $ 207,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 3 $ 187,000
Arbor Mortgage Corporation
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 3 $ 367,000
Homeplus Finance Corporation
2143 S. SEPULVEDA BLVD
LOS ANGELES, CA 90025
* $ 40,000,000 2 $ 12,000
Consumers Credit Union
PO BOX 525
KALAMAZOO, MI 49009
* $ 285,928,000 2 $ 215,000
My Personal
1414 BURTON SW
WYOMING, MI 49509
* $ 88,590,000 2 $ 135,000
Choiceone Bank
109 E. DIVISION ST.
SPARTA, MI 49345
* $ 460,219,000 2 $ 241,000
Independent Bank
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,953,214,000 2 $ 84,000
Byron Bank
2445 84TH STREET SW
BYRON CENTER, MI 49316
* $ 837,948,000 2 $ 254,000
Capital One NA
11130 INDUSTRIALPLEX BLVD
BATON ROUGE, LA 70809
* $ 115,142,306,000 2 $ 82,000
Horizon Bank, N.A.
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 1,304,420,000 2 $ 206,000
New York Community Bank
1 JERICHO PLAZA
JERICHO, NY 11753
* $ 30,307,736,000 2 $ 328,000
United Bank Mortgage Corporati
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ 264,000,000 2 $ 335,000
Bank of Ann Arbor
1333 W ANN ARBOR ROAD
ANN ARBOR, MI 48104
* $ 489,167,000 2 $ 162,000
Firstbank - West Michigan
302 W MAIN ST
IONIA, MI 48846
* $ 217,647,000 2 $ 173,000
Midfirst Bank
501 NW GRAND BLVD.
OKLAHOMA CITY, OK 73118
* $ 14,649,039,000 2 $ 162,000
State Farm Bank
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 16,669,297,000 2 $ 97,000
First Place Bank
185 EAST MARKET
WARREN, OH 44481
* $ 3,311,463,000 2 $ 387,000
Everbank
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 7,047,356,000 1 $ 36,000
Citizens Community Federal
PO BOX 218
ALTOONA, WI 54720
* $ 487,565,000 1 $ 199,000
Community First Bank
3725 OLD COURT ROAD
BALTIMORE, MD 21208
* $ 62,318,000 1 $ 82,000
Citicorp Trust Bank, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 21,270,147,000 1 $ 2,000
Dfcu Financial
400 TOWN CENTER DRIVE
DEARBORN, MI 48126
* $ 2,140,880,000 1 $ 153,000
Dort Financial Credit Union
9048 HOLLY ROAD
GRAND BLANC, MI 48439
* $ 380,561,000 1 $ 136,000
Wildfire Credit Union
6640 BAY RD
SAGINAW, MI 48605
* $ 454,334,000 1 $ 25,000
Nuunion Credit Union
501 S CAPITOL
LANSING, MI 48933
* $ 802,008,000 1 $ 18,000
Security Credit Union
5255 SECURITY PARK BLVD
HOLLY, MI 48442
* $ 347,261,000 1 $ 58,000
Fedcom Credit Union
150 ANN ST NW
GRAND RAPIDS, MI 49321
* $ 42,181,000 1 $ 43,000
Charles Schwab Bank
211 MAIN STREET
SAN FRANCISCO, CA 94105
* $ 25,365,108,000 1 $ 320,000
Homestead Savings Bank
415 S SUPERIOR ST
ALBION, MI 49224
* $ 82,669,000 1 $ 18,000
Onewest Bank, FSB
888 EAST WALNUT ST
PASADENA, CA 91101
* $ 36,000,000,000 1 $ 221,000
Everhome Mortgage Company
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 3,027,261,000 1 $ 36,000
Inova Federal Credit Union
358 S ELKHART AVENUE
ELKHART, IN 46516
* $ 253,926,000 1 $ 36,000
University Bank
2015 WASHTENAW AVE
ANN ARBOR, MI 48104
* $ 129,691,000 1 $ 145,000
Mbank
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 452,006,000 1 $ 180,000
Select Bank
60 MONROE CENTER NW
GRAND RAPIDS, MI 49503
* $ 132,530,000 1 $ 151,000
Mercantile Bank
310 LEONARD STREET NORTH WEST
GRAND RAPIDS, MI 49504
* $ 2,203,768,000 1 $ 23,000
Fentura Mortgage Corp
P O BOX 725
FENTON, MI 48430
* $ 295,000,000 1 $ 160,000
Mutualbank
110 E CHARLES ST
MUNICE, IN 47305
* $ 1,389,150,000 1 $ 147,000
Mainstreet Savings Bank, FSB
629 W STATE ST
HASTINGS, MI 49058
* $ 111,675,000 1 $ 63,000
Urban Trust Bank
400 COLONIAL CENTER PARKWAY
LAKE MARY, FL 32746
* $ 249,756,000 1 $ 158,000
Summit Community Bank
1600 ABBOT RD
EAST LANSING, MI 48823
* $ 170,293,000 1 $ 117,000
US Bank, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 261,775,591,000 1 $ 35,000
Rbs Citizens, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 129,725,957,000 1 $ 30,000
HSBC Mortgage Corp
2929 WALDEN AVE
DEPEW, NY 14043
* $ 92,958,000 1 $ 55,000
Cnb Lending Services, LLC
ONE SOUTH HOWELL ST
HILLSDALE, MI 49242
* $ 247,881,000 1 $ 75,000
First National Acceptance Company
241 EAST SAGINAW/P.O. BOX 980
EAST LANSING, MI 48826
* $ 10,498,000 1 $ 29,000
1st Source Bank
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46601
* $ 4,445,830,000 1 $ 320,000
Suntrust Mortgage, Inc
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 185,098,787,000 1 $ 17,000
Beneficial Company LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 1 $ 100,000
Paramount Bank
31000 NORTHWESTERN HWY., #200
FARMINGTON HILLS, MI 48334
* $ 277,998,000 1 $ 102,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 1,959,803,000 1 $ 54,000
Rose Land and Finance Corp.
241 EAST SAGINAW PO BOX 980
EAST LANSING, MI 48826
* $ 516,861,000 1 $ 32,000
Southern Michigan Bank & Trust
51 WEST PEARL STREET
COLDWATER, MI 49036
* $ 331,971,000 1 $ 20,000
Mainsource Bank
2105 N STATE RD 3 BYPASS
GREENSBURG, IN 47240
* $ 2,483,611,000 1 $ 350,000
Michigan Community Credit Unio
1425 W PARNALL RD
JACKSON, MI 49201
* $ 77,051,000 1 $ 122,000
Preferred Credit Union
3767 SPARKS DR SE
GRAND RAPIDS, MI 49546
* $ 69,405,000 1 $ 10,000
Credit Union One
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 739,229,000 1 $ 30,000
Champion Credit Union, Inc.
4140 WEST LASKEY RD
TOLEDO, OH 43623
* $ 43,886,000 1 $ 78,000
Aac Credit Union
904 BROADWAY NW
GRAND RAPIDS, MI 49504
* $ 51,595,000 1 $ 236,000
Union Bank Mortgage Company
933 FOURTH AVE
LAKE ODESSA, MI 48849
* $ 115,997,000 1 $ 54,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 95,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 1 $ 31,000
Gateway Mortgage Group LLC
6910 E 14TH ST
TULSA, OK 74112
* $ 10,000,000 1 $ 114,000
Residential Finance Corp.
401 N. FRONT STREET, SUITE 300
COLUMBUS, OH 43215
* $ 17,533,484,000 1 $ 108,000
Staunton Financial Inc
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48076
* $ 10,000,000 1 $ 153,000
American General Fin.Serv.(De)
601 N.W. SECOND STREET, P.O. BOX 59
EVANSVILLE, IN 47701
* $ 10,000,000 1 $ 40,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ 10,000,000 1 $ 31,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 1 $ 67,000
Tranex Financial Inc.
26200 AMERICAN DRIVE
SOUTHFIELD, MI 48034
* $ 10,000,000 1 $ 56,000
Equity Services, Inc.
5711 SIX FORKS ROAD, STE 201
RALEIGH, NC 27609
* $ 10,000,000 1 $ 133,000
Taylor, Bean & Whitaker
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 1 $ 79,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 1 $ 145,000
Freedom Mortgage Corp.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 1 $ 118,000
Platinum Home Mortgage Corporation
2200 HICKS RD, STE 101
SPRINGFIELD, IL 60008
* $ 10,000,000 1 $ 46,000
Mortgage 1 Incorporated
43456 MOUND ROAD
STERLING HEIGHTS, MI 48314
* $ 9,135,000 1 $ 116,000
Meridias Capital Incorporated
P.O. BOX 241429
CHARLOTTE, NC 28273
* $ 10,000,000 1 $ 45,000

The tables below break down 2009 mortgage applications in Lake 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 Lake County, MI in 2009

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 377 $46,223,000 $122,000 $416,000 $83,000 $807,000
Home Purchase 104 $8,199,000 $78,000 $320,000 $69,000 $413,000
Home Improvement 49 $1,656,000 $33,000 $165,000 $41,000 $110,000

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 431 $48,657,000 $112,000 $416,000 $83,000 $807,000
Not Provided 41 $2,861,000 $69,000 $176,000 $52,000 $211,000
Not applicable 33 $2,945,000 $89,000 $237,000 $36,000 $140,000
Black or African American 16 $886,000 $55,000 $181,000 $59,000 $212,000
Hispanic 4 $439,000 $109,000 $153,000 $55,000 $90,000
Asian 3 $184,000 $61,000 $108,000 $88,000 $160,000
American Indian or Alaskan Native 2 $106,000 $53,000 $56,000 $46,000 $63,000
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) 463 $50,102,000 $108,000 $416,000 $83,000 $807,000
FHA-insured (Federal Housing Administration) 41 $3,496,000 $85,000 $174,000 $28,000 $90,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 19 $1,671,000 $87,000 $188,000 $26,000 $91,000
VA-guaranteed (Veterans Administration) 7 $809,000 $115,000 $147,000 $54,000 $81,000

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 240 $26,075,000 $108,000 $416,000 $96,000 $807,000
Application Denied By Financial Institution 124 $11,451,000 $92,000 $335,000 $58,000 $285,000
Loan Purchased By The Institution 85 $9,890,000 $116,000 $412,000 $36,000 $318,000
Application Withdrawn By Applicant 41 $4,352,000 $106,000 $387,000 $91,000 $613,000
Application Approved But Not Accepted 30 $3,401,000 $113,000 $350,000 $103,000 $613,000
File Closed For Incompleteness 9 $871,000 $96,000 $339,000 $49,000 $115,000
Preapproval Denied by Financial Institution 1 $38,000 $38,000 $38,000 $54,000 $54,000
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 32 $4,506,000 $140,000 $320,000 $82,000 $285,000
Credit History 27 $1,056,000 $39,000 $123,000 $42,000 $146,000
Debt-To-Income Ratio 14 $1,496,000 $106,000 $259,000 $51,000 $96,000
Other 6 $490,000 $81,000 $228,000 $58,000 $92,000
Unverifiable Information 5 $210,000 $42,000 $100,000 $34,000 $54,000
Credit Application Incomplete 5 $414,000 $82,000 $145,000 $31,000 $36,000
Insufficient Cash (Downpayment, Closing Cost) 1 $174,000 $174,000 $174,000 $51,000 $51,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 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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