Blg Holdings, LLC Mortgage Lending & HMDA Data, 2017

In 2017, Blg Holdings, LLC of Flint, MI reported 736 mortgage applications totaling $109.1 million, down 18% from 2016. The average application was for $148,198, and applicants reported an average income of $70,302. 72% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Warren-Troy-Farmington Hills, MI (248), Flint, MI (185) and Detroit-Dearborn-Livonia, MI (174) (applications in parentheses).

Mortgage Company & Address Blg Holdings, LLC
2353 S. Linden Rd. Suite A
Flint, MI 48507
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  
Total Number of Mortgage Applications 736
Total Mortgage Loan Application Amount $109,074,000
Average Mortgage Loan Application Amount $148,198
Highest Mortgage Loan Application Amount $623,000
Average Applicant Income $70,302
Highest Applicant Income $670,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Blg Holdings, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Blg Holdings, LLC by County in 2017

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Genesee, Michigan 185 $ 22,109,000 $ 119,508 $ 60,000
Wayne, Michigan 174 $ 24,863,000 $ 142,890 $ 70,000
Oakland, Michigan 136 $ 25,899,000 $ 190,433 $ 84,000
Lapeer, Michigan 46 $ 6,342,000 $ 137,869 $ 61,000
Macomb, Michigan 46 $ 6,914,000 $ 150,304 $ 61,000
Monroe, Michigan 18 $ 2,800,000 $ 155,555 $ 60,000
Tuscola, Michigan 16 $ 1,754,000 $ 109,625 $ 53,000
Livingston, Michigan 15 $ 2,976,000 $ 198,400 $ 73,000
Shiawassee, Michigan 15 $ 1,771,000 $ 118,066 $ 56,000
Saginaw, Michigan 14 $ 1,453,000 $ 103,785 $ 46,000
Washtenaw, Michigan 13 $ 3,293,000 $ 253,307 $ 181,000
Sanilac, Michigan 7 $ 747,000 $ 106,714 $ 42,000
Davidson, Tennessee 6 $ 1,283,000 $ 213,833 $ 97,000
Pinellas, Florida 5 $ 726,000 $ 145,200 $ 56,000
St. Clair, Michigan 5 $ 812,000 $ 162,400 $ 86,000
Jackson, Michigan 4 $ 654,000 $ 163,500 $ 57,000
Montcalm, Michigan 4 $ 499,000 $ 124,750 $ 54,000
Roscommon, Michigan 3 $ 260,000 $ 86,666 $ 87,000
Huron, Michigan 2 $ 319,000 $ 159,500 $ 95,000
Kent, Michigan 2 $ 332,000 $ 166,000 $ 61,000
Newaygo, Michigan 2 $ 296,000 $ 148,000 $ 56,000
Ottawa, Michigan 2 $ 311,000 $ 155,500 $ 63,000
Williamson, Tennessee 2 $ 625,000 $ 312,500 $ 135,000
Collier, Florida 1 $ 182,000 $ 182,000 $ 198,000
Hillsborough, Florida 1 $ 137,000 $ 137,000 $ 119,000
Manatee, Florida 1 $ 200,000 $ 200,000 $ 0
Alcona, Michigan 1 $ 138,000 $ 138,000 $ 200,000
Arenac, Michigan 1 $ 93,000 $ 93,000 $ 63,000
Crawford, Michigan 1 $ 107,000 $ 107,000 $ 33,000
Eaton, Michigan 1 $ 162,000 $ 162,000 $ 103,000
Gladwin, Michigan 1 $ 94,000 $ 94,000 $ 202,000
Ionia, Michigan 1 $ 59,000 $ 59,000 $ 36,000
Iosco, Michigan 1 $ 112,000 $ 112,000 $ 29,000
Osceola, Michigan 1 $ 77,000 $ 77,000 $ 48,000
Wexford, Michigan 1 $ 144,000 $ 144,000 $ 105,000
Madison, Tennessee 1 $ 256,000 $ 256,000 $ 71,000
Rutherford, Tennessee 1 $ 275,000 $ 275,000 $ 113,000

Mortgage Loan Application Detail Totals for Blg Holdings, LLC in 2017

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 591 $84,070,000 $142,000 $623,000 $68,000 $670,000
Refinancing 136 $23,893,000 $175,000 $480,000 $80,000 $319,000
Home Improvement 9 $1,111,000 $123,000 $325,000 $75,000 $186,000

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 627 $92,038,000 $146,000 $623,000 $70,000 $670,000
Black or African American 88 $13,521,000 $153,000 $417,000 $67,000 $305,000
Hispanic 8 $1,463,000 $182,000 $480,000 $72,000 $240,000
Asian 8 $1,276,000 $159,000 $240,000 $101,000 $141,000
Not Provided 4 $501,000 $125,000 $200,000 $37,000 $62,000
American Indian or Alaskan Native 1 $275,000 $275,000 $275,000 $107,000 $107,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 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) 304 $50,685,000 $166,000 $623,000 $90,000 $670,000
FHA-insured (Federal Housing Administration) 302 $40,723,000 $134,000 $280,000 $59,000 $155,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 101 $12,808,000 $126,000 $378,000 $46,000 $120,000
VA-guaranteed (Veterans Administration) 29 $4,858,000 $167,000 $400,000 $65,000 $161,000

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 527 $78,452,000 $148,000 $440,000 $69,000 $540,000
Application Withdrawn By Applicant 114 $17,384,000 $152,000 $623,000 $77,000 $670,000
Application Approved But Not Accepted 49 $6,615,000 $135,000 $300,000 $64,000 $166,000
Application Denied By Financial Institution 46 $6,623,000 $143,000 $623,000 $69,000 $670,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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 12 $1,235,000 $102,000 $258,000 $47,000 $74,000
Collateral 11 $1,062,000 $96,000 $173,000 $51,000 $94,000
Other 10 $2,411,000 $241,000 $623,000 $133,000 $670,000
Debt-To-Income Ratio 6 $948,000 $158,000 $211,000 $49,000 $112,000
Insufficient Cash (Downpayment, Closing Cost) 5 $783,000 $156,000 $288,000 $70,000 $125,000
Employment History 2 $184,000 $92,000 $95,000 $45,000 $50,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Blg Holdings, LLC's 2017 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Blg Holdings, LLC's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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