Chemical Bank West
HMDA Loan Application Totals
and Mortgage Lending Details
for 2004
Chemical Bank West 2004 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Chemical Bank West 2185 Three Mile Road Nw Grand Rapids, MI 49544 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,083 |
| Total Mortgage Loan Application Amount | $181,328,000 |
| Average Mortgage Loan Application Amount | $131,285 |
| Highest Mortgage Loan Application Amount | $1,600,000 |
| Average Applicant Income | $70,285 |
| Highest Applicant Income | $959,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2004 with Chemical Bank West. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Chemical Bank West's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2004 breaks down Chemical Bank West's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Chemical Bank West serves its applicants.
Each category highlights the total number of mortgage applications processed by Chemical Bank West, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Chemical Bank West's mortgage activity for 2004.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Kent County Michigan | 459 | $ 59,384,000 | $ 129,000 | $ 47,000 |
| Montcalm County Michigan | 349 | $ 24,107,000 | $ 69,000 | $ 52,000 |
| Mecosta County Michigan | 262 | $ 21,118,000 | $ 80,000 | $ 49,000 |
| Osceola County Michigan | 212 | $ 10,910,000 | $ 51,000 | $ 49,000 |
| Missaukee County Michigan | 143 | $ 7,700,000 | $ 53,000 | $ 47,000 |
| Wexford County Michigan | 98 | $ 6,932,000 | $ 70,000 | $ 47,000 |
| Roscommon County Michigan | 93 | $ 7,004,000 | $ 75,000 | $ 93,000 |
| Ionia County Michigan | 74 | $ 5,278,000 | $ 71,000 | $ 53,000 |
| Ottawa County Michigan | 71 | $ 8,995,000 | $ 126,000 | $ 49,000 |
| Barry County Michigan | 60 | $ 7,777,000 | $ 129,000 | $ 51,000 |
| Newaygo County Michigan | 56 | $ 4,757,000 | $ 84,000 | $ 41,000 |
| Crawford County Michigan | 43 | $ 2,470,000 | $ 57,000 | $ 53,000 |
| Lake County Michigan | 32 | $ 1,531,000 | $ 47,000 | $ 56,000 |
| Allegan County Michigan | 23 | $ 2,354,000 | $ 102,000 | $ 67,000 |
| Gratiot County Michigan | 23 | $ 1,527,000 | $ 66,000 | $ 59,000 |
| Kalamazoo County Michigan | 12 | $ 1,421,000 | $ 118,000 | $ 74,000 |
| Ingham County Michigan | 8 | $ 1,031,000 | $ 128,000 | $ 66,000 |
| Oceana County Michigan | 8 | $ 753,000 | $ 94,000 | $ 81,000 |
| Clinton County Michigan | 7 | $ 388,000 | $ 55,000 | $ 59,000 |
| Van Buren County Michigan | 7 | $ 1,300,000 | $ 185,000 | $ 101,000 |
| Calhoun County Michigan | 4 | $ 189,000 | $ 47,000 | $ 61,000 |
| Clare County Michigan | 4 | $ 322,000 | $ 80,000 | $ 79,000 |
| Isabella County Michigan | 4 | $ 256,000 | $ 64,000 | $ 58,000 |
| Muskegon County Michigan | 4 | $ 786,000 | $ 196,000 | $ 78,000 |
| Mackinac County Michigan | 3 | $ 248,000 | $ 82,000 | $ 38,000 |
| Manistee County Michigan | 3 | $ 309,000 | $ 103,000 | $ 104,000 |
| Berrien County Michigan | 2 | $ 356,000 | $ 178,000 | $ 68,000 |
| Wayne County Michigan | 2 | $ 53,000 | $ 26,000 | $ 60,000 |
| Maricopa County Arizona | 1 | $ 40,000 | $ 40,000 | $ 64,000 |
| Jefferson County Kentucky | 1 | $ 75,000 | $ 75,000 | $ 30,000 |
| Alcona County Michigan | 1 | $ 58,000 | $ 58,000 | $ 82,000 |
| Antrim County Michigan | 1 | $ 249,000 | $ 249,000 | $ 188,000 |
| Bay County Michigan | 1 | $ 127,000 | $ 127,000 | $ 0 |
| Cheboygan County Michigan | 1 | $ 332,000 | $ 332,000 | $ 220,000 |
| Gladwin County Michigan | 1 | $ 14,000 | $ 14,000 | $ 18,000 |
| Jackson County Michigan | 1 | $ 52,000 | $ 52,000 | $ 55,000 |
| Kalkaska County Michigan | 1 | $ 34,000 | $ 34,000 | $ 81,000 |
| Livingston County Michigan | 1 | $ 22,000 | $ 22,000 | $ 61,000 |
| Mason County Michigan | 1 | $ 84,000 | $ 84,000 | $ 51,000 |
| Montmorency County Michigan | 1 | $ 98,000 | $ 98,000 | $ 30,000 |
| Oscoda County Michigan | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Otsego County Michigan | 1 | $ 74,000 | $ 74,000 | $ 35,000 |
| Shiawassee County Michigan | 1 | $ 123,000 | $ 123,000 | $ 60,000 |
| Iredell County North Carolina | 1 | $ 420,000 | $ 420,000 | $ 195,000 |
Mortgage Loan Application Detail Totals for Chemical Bank West in 2004
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 | 1,066 | $97,241,000 | $65,500 | $1,600,000 | $61,500 | $711,000 |
| Home Purchase | 646 | $76,091,000 | $191,750 | $672,000 | $80,500 | $959,000 |
| Home Improvement | 371 | $7,996,000 | $21,000 | $305,000 | $47,000 | $206,000 |
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 | 1,904 | $164,486,000 | $184,000 | $1,600,000 | $82,000 | $959,000 |
| Hispanic | 56 | $5,193,000 | $92,000 | $305,000 | $41,000 | $158,000 |
| Not applicable | 53 | $8,244,000 | $155,000 | $1,420,000 | $6,000 | $178,000 |
| Not Provided | 52 | $2,278,000 | $41,500 | $218,000 | $56,000 | $114,000 |
| Black or African American | 8 | $346,000 | $43,000 | $82,000 | $38,000 | $62,000 |
| Asian | 4 | $241,000 | $60,000 | $96,000 | $40,000 | $102,000 |
| American Indian or Alaskan Native | 3 | $185,000 | $61,000 | $70,000 | $36,000 | $49,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $355,000 | $118,000 | $191,000 | $102,000 | $119,000 |
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) | 2,081 | $181,188,000 | $155,200 | $1,600,000 | $77,200 | $959,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $90,000 | $90,000 | $90,000 | $43,000 | $43,000 |
| VA-guaranteed (Veterans Administration) | 1 | $50,000 | $50,000 | $50,000 | $27,000 | $27,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
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 | 1,698 | $149,681,000 | $253,500 | $1,420,000 | $127,000 | $959,000 |
| Application Denied By Financial Institution | 228 | $14,116,000 | $51,000 | $1,600,000 | $51,500 | $518,000 |
| Application Withdrawn By Applicant | 80 | $7,544,000 | $84,500 | $411,000 | $50,000 | $711,000 |
| Application Approved But Not Accepted | 76 | $9,832,000 | $129,000 | $465,000 | $64,000 | $448,000 |
| Preapproval Denied by Financial Institution | 1 | $155,000 | $155,000 | $155,000 | $41,000 | $41,000 |
| 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 |
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 | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 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 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Chemical Bank West's 2004 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 Chemical Bank West'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.
For a list of all lenders in Michigan, download the full spreadsheet
with aggregated HMDA statistics today.