Blg Holdings, LLC Mortgage Lending & HMDA Data, 2023

In 2023, Blg Holdings, LLC of Flint, MI reported 330 mortgage applications totaling $60.3 million, down 21% from 2022. The average application was for $182,575, and applicants reported an average income of $85,536. 75% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Flint, MI (102), Detroit-Dearborn-Livonia, MI (63) and Saginaw, MI (28) (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 330
Total Mortgage Loan Application Amount $60,250,000
Average Mortgage Loan Application Amount $182,575
Highest Mortgage Loan Application Amount $1,145,000
Average Applicant Income $85,536
Highest Applicant Income $375,000

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Act (HMDA) records Blg Holdings, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2023

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Genesee, Michigan 102 $ 17,510,000 $ 171,666 $ 81,000
Wayne, Michigan 63 $ 9,855,000 $ 156,428 $ 68,000
Saginaw, Michigan 28 $ 3,780,000 $ 135,000 $ 73,000
Lapeer, Michigan 15 $ 3,095,000 $ 206,333 $ 88,000
Shiawassee, Michigan 14 $ 2,660,000 $ 190,000 $ 120,000
Pinal, Arizona 13 $ 3,305,000 $ 254,230 $ 89,000
Monroe, Michigan 12 $ 2,080,000 $ 173,333 $ 85,000
Chippewa, Michigan 8 $ 1,020,000 $ 127,500 $ 71,000
Tuscola, Michigan 6 $ 890,000 $ 148,333 $ 65,000
Bay, Michigan 5 $ 925,000 $ 185,000 $ 108,000
Jackson, Michigan 5 $ 995,000 $ 199,000 $ 72,000
Midland, Michigan 5 $ 905,000 $ 181,000 $ 60,000
Clinton, Michigan 4 $ 1,130,000 $ 282,500 $ 109,000
Isabella, Michigan 4 $ 740,000 $ 185,000 $ 90,000
Macomb, Michigan 4 $ 530,000 $ 132,500 $ 79,000
Washtenaw, Michigan 4 $ 1,250,000 $ 312,500 $ 171,000
Maricopa, Arizona 3 $ 1,635,000 $ 545,000 $ 159,000
Ingham, Michigan 3 $ 525,000 $ 175,000 $ 141,000
Kalamazoo, Michigan 3 $ 1,005,000 $ 335,000 $ 145,000
Lenawee, Michigan 3 $ 645,000 $ 215,000 $ 80,000
Oakland, Michigan 3 $ 495,000 $ 165,000 $ 66,000
St. Clair, Michigan 3 $ 1,075,000 $ 358,333 $ 127,000
Livingston, Michigan 2 $ 500,000 $ 250,000 $ 187,000
Ogemaw, Michigan 2 $ 350,000 $ 175,000 $ 79,000
Arenac, Michigan 1 $ 155,000 $ 155,000 $ 178,000
Clare, Michigan 1 $ 75,000 $ 75,000 $ 154,000
Eaton, Michigan 1 $ 175,000 $ 175,000 $ 85,000
Gratiot, Michigan 1 $ 175,000 $ 175,000 $ 83,000
Huron, Michigan 1 $ 345,000 $ 345,000 $ 160,000
Iosco, Michigan 1 $ 125,000 $ 125,000 $ 145,000
Kent, Michigan 1 $ 445,000 $ 445,000 $ 262,000
Marquette, Michigan 1 $ 225,000 $ 225,000 $ 85,000
Montcalm, Michigan 1 $ 205,000 $ 205,000 $ 114,000
Newaygo, Michigan 1 $ 165,000 $ 165,000 $ 52,000
Otsego, Michigan 1 $ 145,000 $ 145,000 $ 89,000
Roscommon, Michigan 1 $ 175,000 $ 175,000 $ 48,000
Sanilac, Michigan 1 $ 125,000 $ 125,000 $ 49,000
Schoolcraft, Michigan 1 $ 115,000 $ 115,000 $ 38,000
St. Joseph, Michigan 1 $ 335,000 $ 335,000 $ 82,000
Davidson, Tennessee 1 $ 365,000 $ 365,000 $ 102,000

Mortgage Loan Application Detail Totals for Blg Holdings, LLC 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 288 $53,070,000 $184,000 $1,145,000 $84,000 $375,000
Cash-out Refinancing 23 $3,255,000 $141,000 $315,000 $78,000 $238,000
Refinancing 14 $3,270,000 $233,000 $705,000 $129,000 $342,000
Other Purpose 5 $655,000 $131,000 $185,000 $87,000 $161,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $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 258 $48,910,000 $189,000 $1,145,000 $88,000 $375,000
Not Provided 42 $7,060,000 $168,000 $395,000 $76,000 $298,000
Black or African American 18 $2,270,000 $126,000 $345,000 $71,000 $179,000
Hispanic 8 $1,180,000 $147,000 $335,000 $72,000 $174,000
American Indian or Alaskan Native 4 $830,000 $207,000 $295,000 $80,000 $109,000
Asian 0 $0 $0 $0 $0 $0
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) 216 $39,320,000 $182,000 $1,145,000 $94,000 $375,000
FHA-insured (Federal Housing Administration) 89 $15,975,000 $179,000 $435,000 $67,000 $150,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 18 $3,150,000 $175,000 $225,000 $71,000 $93,000
VA-guaranteed (Veterans Administration) 7 $1,805,000 $257,000 $425,000 $71,000 $113,000

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 247 $45,495,000 $184,000 $725,000 $87,000 $350,000
Application Withdrawn By Applicant 69 $12,555,000 $181,000 $1,145,000 $84,000 $375,000
Application Denied By Financial Institution 9 $1,155,000 $128,000 $315,000 $51,000 $84,000
Application Approved But Not Accepted 5 $1,045,000 $209,000 $405,000 $77,000 $134,000
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
Not applicable 321 $59,095,000 $184,000 $1,145,000 $86,000 $375,000
Credit History 4 $400,000 $100,000 $175,000 $51,000 $57,000
Debt-To-Income Ratio 2 $450,000 $225,000 $315,000 $59,000 $84,000
Employment History 1 $45,000 $45,000 $45,000 $19,000 $19,000
Other 1 $205,000 $205,000 $205,000 $79,000 $79,000
Unverifiable Information 1 $55,000 $55,000 $55,000 $43,000 $43,000
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Blg Holdings, LLC's 2023 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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