Citizens Bank Mortgage Lending & HMDA Data, 2005

In 2005, Citizens Bank of Flint, MI reported 8,449 mortgage applications totaling $755.9 million, down 3% from 2004. The average application was for $89,465, and applicants reported an average income of $64,864. 64% of its applications resulted in an originated loan and 18% were denied. Its largest markets were Flint, MI (1,439), Saginaw-Saginaw Township North, MI (609) and Warren-Farmington Hills-Troy, MI (533) (applications in parentheses).

Mortgage Company & Address Citizens Bank
328 S Saginaw St
Flint, MI 48502
Tel #: available with data download
Federal Regulator * available with data download
Years 2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 8,449
Total Mortgage Loan Application Amount $755,893,000
Average Mortgage Loan Application Amount $89,465
Highest Mortgage Loan Application Amount $4,000,000
Average Applicant Income $64,864
Highest Applicant Income $2,675,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Citizens Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Citizens Bank by County in 2005

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Genesee, Michigan 1,439 $ 96,419,000 $ 67,004 $ 52,000
Saginaw, Michigan 609 $ 42,383,000 $ 69,594 $ 64,000
Oakland, Michigan 354 $ 55,508,000 $ 156,802 $ 91,000
Wexford, Michigan 325 $ 22,463,000 $ 69,116 $ 50,000
Bay, Michigan 293 $ 18,230,000 $ 62,218 $ 61,000
Jackson, Michigan 289 $ 20,425,000 $ 70,674 $ 49,000
Osceola, Michigan 239 $ 11,471,000 $ 47,995 $ 41,000
Clinton, Michigan 205 $ 18,494,000 $ 90,214 $ 56,000
Midland, Michigan 196 $ 20,683,000 $ 105,525 $ 68,000
Brown, Wisconsin 180 $ 25,933,000 $ 144,072 $ 50,000
Oconto, Wisconsin 168 $ 14,424,000 $ 85,857 $ 50,000
St. Joseph, Michigan 163 $ 8,566,000 $ 52,552 $ 60,000
Ingham, Michigan 156 $ 12,235,000 $ 78,429 $ 64,000
Washtenaw, Michigan 152 $ 17,245,000 $ 113,453 $ 66,000
Outagamie, Wisconsin 152 $ 16,729,000 $ 110,059 $ 56,000
Crawford, Michigan 140 $ 12,803,000 $ 91,450 $ 67,000
Wayne, Michigan 139 $ 18,349,000 $ 132,007 $ 56,000
Portage, Wisconsin 129 $ 10,547,000 $ 81,759 $ 57,000
Shiawassee, Michigan 117 $ 8,164,000 $ 69,777 $ 51,000
Winnebago, Wisconsin 114 $ 14,913,000 $ 130,815 $ 55,000
Missaukee, Michigan 104 $ 6,865,000 $ 66,009 $ 50,000
Waushara, Wisconsin 100 $ 7,928,000 $ 79,280 $ 40,000
Macomb, Michigan 92 $ 13,886,000 $ 150,934 $ 67,000
Otsego, Michigan 90 $ 12,219,000 $ 135,766 $ 63,000
Grand Traverse, Michigan 85 $ 8,847,000 $ 104,082 $ 64,000
Arenac, Michigan 83 $ 4,209,000 $ 50,710 $ 44,000
Oneida, Wisconsin 82 $ 10,137,000 $ 123,621 $ 83,000
Vilas, Wisconsin 82 $ 10,536,000 $ 128,487 $ 95,000
Charlevoix, Michigan 79 $ 9,498,000 $ 120,227 $ 60,000
Alpena, Michigan 77 $ 4,971,000 $ 64,558 $ 40,000
Antrim, Michigan 77 $ 6,516,000 $ 84,623 $ 53,000
Oscoda, Michigan 74 $ 4,350,000 $ 58,783 $ 38,000
Tuscola, Michigan 71 $ 4,751,000 $ 66,915 $ 49,000
Milwaukee, Wisconsin 70 $ 9,356,000 $ 133,657 $ 70,000
Grant, Wisconsin 67 $ 3,550,000 $ 52,985 $ 47,000
Roscommon, Michigan 64 $ 7,102,000 $ 110,968 $ 108,000
Door, Wisconsin 61 $ 7,538,000 $ 123,573 $ 62,000
Marinette, Wisconsin 58 $ 4,234,000 $ 73,000 $ 47,000
Ogemaw, Michigan 53 $ 2,449,000 $ 46,207 $ 44,000
Waupaca, Wisconsin 53 $ 4,275,000 $ 80,660 $ 51,000
Calumet, Wisconsin 52 $ 5,122,000 $ 98,500 $ 65,000
Walworth, Wisconsin 52 $ 4,879,000 $ 93,826 $ 89,000
Livingston, Michigan 47 $ 9,435,000 $ 200,744 $ 105,000
Alcona, Michigan 39 $ 2,617,000 $ 67,102 $ 37,000
Lincoln, Wisconsin 38 $ 4,427,000 $ 116,500 $ 59,000
Lapeer, Michigan 35 $ 3,515,000 $ 100,428 $ 66,000
Eaton, Michigan 34 $ 4,149,000 $ 122,029 $ 69,000
Gladwin, Michigan 31 $ 2,342,000 $ 75,548 $ 51,000
Douglas, Wisconsin 30 $ 1,738,000 $ 57,933 $ 47,000
Manitowoc, Wisconsin 30 $ 2,678,000 $ 89,266 $ 45,000
Shawano, Wisconsin 28 $ 2,474,000 $ 88,357 $ 59,000
Clare, Michigan 27 $ 1,693,000 $ 62,703 $ 69,000
Iosco, Michigan 26 $ 2,099,000 $ 80,730 $ 66,000
Lafayette, Wisconsin 25 $ 1,495,000 $ 59,800 $ 80,000
Calhoun, Michigan 24 $ 784,000 $ 32,666 $ 37,000
Crawford, Wisconsin 24 $ 819,000 $ 34,125 $ 40,000
Kewaunee, Wisconsin 24 $ 1,247,000 $ 51,958 $ 49,000
Langlade, Wisconsin 24 $ 1,510,000 $ 62,916 $ 50,000
Waukesha, Wisconsin 24 $ 6,327,000 $ 263,625 $ 94,000
Kalkaska, Michigan 23 $ 2,375,000 $ 103,260 $ 91,000
Jefferson, Wisconsin 23 $ 2,108,000 $ 91,652 $ 71,000
St. Croix, Wisconsin 23 $ 4,496,000 $ 195,478 $ 64,000
Mecosta, Michigan 21 $ 1,417,000 $ 67,476 $ 43,000
Isabella, Michigan 20 $ 1,576,000 $ 78,800 $ 76,000
Lake, Michigan 20 $ 706,000 $ 35,300 $ 41,000
Lenawee, Michigan 20 $ 1,891,000 $ 94,550 $ 68,000
Manistee, Michigan 20 $ 1,588,000 $ 79,400 $ 259,000
Leelanau, Michigan 19 $ 2,896,000 $ 152,421 $ 82,000
Polk, Wisconsin 18 $ 1,746,000 $ 97,000 $ 65,000
Presque Isle, Michigan 17 $ 1,425,000 $ 83,823 $ 36,000
Benzie, Michigan 16 $ 3,047,000 $ 190,437 $ 341,000
Branch, Michigan 16 $ 714,000 $ 44,625 $ 37,000
Emmet, Michigan 16 $ 3,848,000 $ 240,500 $ 325,000
Green, Wisconsin 16 $ 948,000 $ 59,250 $ 61,000
Washington, Wisconsin 16 $ 2,405,000 $ 150,312 $ 111,000
Gratiot, Michigan 15 $ 1,177,000 $ 78,466 $ 44,000
Marathon, Wisconsin 15 $ 1,111,000 $ 74,066 $ 42,000
Ionia, Michigan 13 $ 1,185,000 $ 91,153 $ 70,000
Iowa, Wisconsin 13 $ 808,000 $ 62,153 $ 91,000
Hillsdale, Michigan 12 $ 1,046,000 $ 87,166 $ 71,000
Montmorency, Michigan 12 $ 1,390,000 $ 115,833 $ 98,000
Kent, Michigan 11 $ 810,000 $ 73,636 $ 97,000
Racine, Wisconsin 11 $ 1,540,000 $ 140,000 $ 45,000
Sheboygan, Wisconsin 11 $ 1,478,000 $ 134,363 $ 71,000
Barry, Michigan 10 $ 958,000 $ 95,800 $ 93,000
Forest, Wisconsin 10 $ 856,000 $ 85,600 $ 84,000
Cheboygan, Michigan 9 $ 1,533,000 $ 170,333 $ 56,000
Huron, Michigan 9 $ 772,000 $ 85,777 $ 73,000
Maricopa, Arizona 7 $ 4,492,000 $ 641,714 $ 144,000
Berrien, Michigan 7 $ 1,116,000 $ 159,428 $ 104,000
Rock, Wisconsin 7 $ 568,000 $ 81,142 $ 57,000
LaGrange, Indiana 6 $ 237,000 $ 39,500 $ 57,000
Menominee, Michigan 6 $ 530,000 $ 88,333 $ 37,000
Monroe, Michigan 6 $ 880,000 $ 146,666 $ 51,000
Iron, Wisconsin 6 $ 778,000 $ 129,666 $ 46,000
Marquette, Wisconsin 6 $ 430,000 $ 71,666 $ 52,000
Clayton, Iowa 5 $ 144,000 $ 28,800 $ 25,000
Cass, Michigan 5 $ 249,000 $ 49,800 $ 53,000
St. Clair, Michigan 5 $ 756,000 $ 151,200 $ 69,000
Fond du Lac, Wisconsin 5 $ 866,000 $ 173,200 $ 71,000
Lee, Florida 4 $ 1,038,000 $ 259,500 $ 166,000
Palm Beach, Florida 4 $ 992,000 $ 248,000 $ 307,000
Sarasota, Florida 4 $ 907,000 $ 226,750 $ 478,000
Kalamazoo, Michigan 4 $ 185,000 $ 46,250 $ 53,000
Montcalm, Michigan 4 $ 521,000 $ 130,250 $ 80,000
Muskegon, Michigan 4 $ 73,000 $ 18,250 $ 38,000
Newaygo, Michigan 4 $ 198,000 $ 49,500 $ 74,000
Dane, Wisconsin 4 $ 458,000 $ 114,500 $ 51,000
Dodge, Wisconsin 4 $ 296,000 $ 74,000 $ 40,000
Price, Wisconsin 4 $ 418,000 $ 104,500 $ 73,000
Wood, Wisconsin 4 $ 183,000 $ 45,750 $ 74,000
Ramsey, Minnesota 3 $ 291,000 $ 97,000 $ 29,000
Clark, Nevada 3 $ 649,000 $ 216,333 $ 84,000
Green Lake, Wisconsin 3 $ 390,000 $ 130,000 $ 239,000
Juneau, Wisconsin 3 $ 583,000 $ 194,333 $ 37,000
Pierce, Wisconsin 3 $ 589,000 $ 196,333 $ 63,000
Collier, Florida 2 $ 475,000 $ 237,500 $ 263,000
Pasco, Florida 2 $ 157,000 $ 78,500 $ 80,000
Allamakee, Iowa 2 $ 159,000 $ 79,500 $ 96,000
Chippewa, Michigan 2 $ 106,000 $ 53,000 $ 51,000
Luce, Michigan 2 $ 242,000 $ 121,000 $ 28,000
Mason, Michigan 2 $ 202,000 $ 101,000 $ 108,000
Ottawa, Michigan 2 $ 131,000 $ 65,500 $ 301,000
Adams, Wisconsin 2 $ 176,000 $ 88,000 $ 67,000
Kenosha, Wisconsin 2 $ 289,000 $ 144,500 $ 64,000
Menominee, Wisconsin 2 $ 70,000 $ 35,000 $ 51,000
Ozaukee, Wisconsin 2 $ 263,000 $ 131,500 $ 70,000
Richland, Wisconsin 2 $ 376,000 $ 188,000 $ 47,000
Pinal, Arizona 1 $ 280,000 $ 280,000 $ 294,000
Los Angeles, California 1 $ 238,000 $ 238,000 $ 701,000
Arapahoe, Colorado 1 $ 285,000 $ 285,000 $ 119,000
Eagle, Colorado 1 $ 120,000 $ 120,000 $ 267,000
Summit, Colorado 1 $ 1,472,000 $ 1,472,000 $ 727,000
Charlotte, Florida 1 $ 198,000 $ 198,000 $ 134,000
Hernando, Florida 1 $ 65,000 $ 65,000 $ 30,000
Volusia, Florida 1 $ 168,000 $ 168,000 $ 252,000
Cook, Illinois 1 $ 15,000 $ 15,000 $ 74,000
Jo Daviess, Illinois 1 $ 264,000 $ 264,000 $ 37,000
LaSalle, Illinois 1 $ 240,000 $ 240,000 $ 78,000
Woodford, Illinois 1 $ 178,000 $ 178,000 $ 62,000
Marion, Indiana 1 $ 176,000 $ 176,000 $ 68,000
Steuben, Indiana 1 $ 72,000 $ 72,000 $ 165,000
White, Indiana 1 $ 167,000 $ 167,000 $ 47,000
Delaware, Iowa 1 $ 38,000 $ 38,000 $ 87,000
Dubuque, Iowa 1 $ 139,000 $ 139,000 $ 77,000
Fayette, Iowa 1 $ 50,000 $ 50,000 $ 30,000
Shelby, Iowa 1 $ 88,000 $ 88,000 $ 52,000
Tama, Iowa 1 $ 46,000 $ 46,000 $ 45,000
East Baton Rouge, Louisiana 1 $ 83,000 $ 83,000 $ 96,000
Alger, Michigan 1 $ 135,000 $ 135,000 $ 102,000
Allegan, Michigan 1 $ 65,000 $ 65,000 $ 24,000
Gogebic, Michigan 1 $ 40,000 $ 40,000 $ 11,000
Iron, Michigan 1 $ 47,000 $ 47,000 $ 71,000
Marquette, Michigan 1 $ 360,000 $ 360,000 $ 181,000
Oceana, Michigan 1 $ 93,000 $ 93,000 $ 78,000
Schoolcraft, Michigan 1 $ 99,000 $ 99,000 $ 102,000
Van Buren, Michigan 1 $ 216,000 $ 216,000 $ 150,000
Anoka, Minnesota 1 $ 355,000 $ 355,000 $ 95,000
Dakota, Minnesota 1 $ 398,000 $ 398,000 $ 710,000
Todd, Minnesota 1 $ 250,000 $ 250,000 $ 292,000
Washington, Minnesota 1 $ 208,000 $ 208,000 $ 26,000
Portage, Ohio 1 $ 360,000 $ 360,000 $ 101,000
Burnett, Wisconsin 1 $ 122,000 $ 122,000 $ 60,000
Chippewa, Wisconsin 1 $ 94,000 $ 94,000 $ 47,000
Eau Claire, Wisconsin 1 $ 108,000 $ 108,000 $ 94,000
La Crosse, Wisconsin 1 $ 116,000 $ 116,000 $ 69,000
Monroe, Wisconsin 1 $ 175,000 $ 175,000 $ 74,000
Vernon, Wisconsin 1 $ 75,000 $ 75,000 $ 66,000
Washburn, Wisconsin 1 $ 160,000 $ 160,000 $ 95,000

Mortgage Loan Application Detail Totals for Citizens Bank in 2005

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 3,128 $351,840,000 $209,800 $4,000,000 $160,100 $1,727,000
Home Purchase 2,712 $351,860,000 $226,615 $3,326,000 $115,923 $2,675,000
Home Improvement 2,609 $52,193,000 $72,142 $3,058,000 $159,000 $2,063,000

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 7,257 $653,652,000 $234,923 $3,326,000 $130,000 $2,675,000
Black or African American 592 $31,591,000 $95,333 $690,000 $57,666 $279,000
Hispanic 238 $15,289,000 $96,500 $432,000 $48,250 $728,000
Not Provided 205 $17,443,000 $93,666 $691,000 $55,333 $603,000
Asian 73 $19,565,000 $248,200 $1,680,000 $281,600 $946,000
Not applicable 35 $13,572,000 $384,500 $4,000,000 $0 $0
American Indian or Alaskan Native 31 $2,626,000 $94,000 $660,000 $57,000 $204,000
Native Hawaiian or Other Pacific Islander 18 $2,155,000 $112,000 $293,000 $118,500 $492,000

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) 8,287 $740,233,000 $223,642 $4,000,000 $163,500 $2,675,000
FHA-insured (Federal Housing Administration) 132 $12,304,000 $91,500 $280,000 $33,500 $261,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 17 $1,582,000 $79,500 $135,000 $31,500 $68,000
VA-guaranteed (Veterans Administration) 13 $1,774,000 $97,000 $200,000 $52,000 $87,000

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 5,437 $532,554,000 $242,384 $4,000,000 $186,461 $2,675,000
Application Denied By Financial Institution 1,560 $61,293,000 $150,000 $1,208,000 $104,000 $710,000
Application Approved But Not Accepted 828 $75,402,000 $108,857 $800,000 $64,000 $944,000
Application Withdrawn By Applicant 457 $67,719,000 $242,833 $788,000 $96,500 $2,675,000
Preapproval Denied by Financial Institution 104 $10,171,000 $97,000 $280,000 $32,000 $132,000
File Closed For Incompleteness 63 $8,754,000 $129,000 $963,000 $72,000 $699,000
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
Credit History 1,248 $37,627,000 $125,166 $400,000 $163,000 $710,000
Debt-To-Income Ratio 219 $19,484,000 $164,500 $427,000 $38,833 $128,000
Other 112 $7,340,000 $65,750 $1,208,000 $64,250 $384,000
Collateral 57 $4,668,000 $72,333 $444,000 $54,333 $240,000
Insufficient Cash (Downpayment, Closing Cost) 13 $1,055,000 $84,000 $158,000 $42,000 $99,000
Unverifiable Information 6 $521,000 $77,500 $205,000 $44,000 $96,000
Employment History 6 $579,000 $89,500 $128,000 $31,000 $40,000
Credit Application Incomplete 3 $190,000 $63,000 $140,000 $88,000 $141,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Citizens Bank's 2005 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 Citizens Bank'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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