Comerica Bank Mortgage Lending & HMDA Data, 2005

In 2005, Comerica Bank of Detroit, MI reported 4,557 mortgage applications totaling $946.6 million, down 21% from 2004. The average application was for $207,721, and applicants reported an average income of $139,789. 56% of its applications resulted in an originated loan and 25% were denied. Its largest markets were Warren-Farmington Hills-Troy, MI (1,194), Detroit-Livonia-Dearborn, MI (1,064) and Dallas-Plano-Irving, TX (316) (applications in parentheses).

Mortgage Company & Address Comerica Bank
500 Woodward Ave - Mc 3352
Detroit, MI 48226
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 4,557
Total Mortgage Loan Application Amount $946,588,000
Average Mortgage Loan Application Amount $207,721
Highest Mortgage Loan Application Amount $14,800,000
Average Applicant Income $139,789
Highest Applicant Income $6,267,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Comerica Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Comerica 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
Wayne, Michigan 1,064 $ 79,137,000 $ 74,376 $ 57,000
Oakland, Michigan 587 $ 137,599,000 $ 234,410 $ 146,000
Macomb, Michigan 476 $ 45,185,000 $ 94,926 $ 76,000
Dallas, Texas 246 $ 45,999,000 $ 186,987 $ 162,000
Kent, Michigan 217 $ 24,363,000 $ 112,271 $ 185,000
Washtenaw, Michigan 141 $ 25,101,000 $ 178,021 $ 111,000
Harris, Texas 128 $ 15,284,000 $ 119,406 $ 143,000
Jackson, Michigan 107 $ 8,522,000 $ 79,644 $ 45,000
Muskegon, Michigan 84 $ 9,370,000 $ 111,547 $ 66,000
Palm Beach, Florida 76 $ 38,352,000 $ 504,631 $ 279,000
Kalamazoo, Michigan 68 $ 7,371,000 $ 108,397 $ 61,000
Ottawa, Michigan 67 $ 7,817,000 $ 116,671 $ 65,000
Livingston, Michigan 66 $ 12,137,000 $ 183,893 $ 119,000
Calhoun, Michigan 63 $ 4,935,000 $ 78,333 $ 46,000
Los Angeles, California 62 $ 70,275,000 $ 1,133,467 $ 429,000
Broward, Florida 59 $ 14,209,000 $ 240,830 $ 198,000
Ingham, Michigan 53 $ 4,268,000 $ 80,528 $ 62,000
Tarrant, Texas 43 $ 4,464,000 $ 103,813 $ 105,000
Lapeer, Michigan 37 $ 7,355,000 $ 198,783 $ 215,000
Orange, California 34 $ 50,948,000 $ 1,498,470 $ 835,000
Fort Bend, Texas 29 $ 2,885,000 $ 99,482 $ 86,000
St. Clair, Michigan 28 $ 2,853,000 $ 101,892 $ 70,000
Collin, Texas 28 $ 6,433,000 $ 229,750 $ 163,000
Denton, Texas 26 $ 3,831,000 $ 147,346 $ 183,000
Travis, Texas 26 $ 4,454,000 $ 171,307 $ 102,000
Gladwin, Michigan 24 $ 1,479,000 $ 61,625 $ 57,000
Midland, Michigan 24 $ 3,334,000 $ 138,916 $ 92,000
Collier, Florida 23 $ 11,405,000 $ 495,869 $ 297,000
Genesee, Michigan 23 $ 2,308,000 $ 100,347 $ 60,000
Sarasota, Florida 21 $ 22,436,000 $ 1,068,380 $ 632,000
Monroe, Michigan 21 $ 1,888,000 $ 89,904 $ 60,000
Santa Clara, California 20 $ 15,585,000 $ 779,250 $ 252,000
Barry, Michigan 16 $ 1,808,000 $ 113,000 $ 60,000
Eaton, Michigan 16 $ 2,862,000 $ 178,875 $ 78,000
Lenawee, Michigan 14 $ 792,000 $ 56,571 $ 52,000
Newaygo, Michigan 14 $ 1,811,000 $ 129,357 $ 74,000
Allegan, Michigan 13 $ 2,401,000 $ 184,692 $ 75,000
Riverside, California 12 $ 10,148,000 $ 845,666 $ 547,000
Lee, Florida 12 $ 4,452,000 $ 371,000 $ 345,000
San Diego, California 11 $ 38,651,000 $ 3,513,727 $ 481,000
Clinton, Michigan 11 $ 2,254,000 $ 204,909 $ 126,000
Maricopa, Arizona 10 $ 4,734,000 $ 473,400 $ 213,000
Santa Cruz, California 9 $ 5,636,000 $ 626,222 $ 271,000
Miami-Dade, Florida 9 $ 8,614,000 $ 957,111 $ 385,000
Emmet, Michigan 9 $ 6,012,000 $ 668,000 $ 249,000
San Mateo, California 8 $ 11,815,000 $ 1,476,875 $ 517,000
Antrim, Michigan 8 $ 4,558,000 $ 569,750 $ 358,000
Ellis, Texas 8 $ 883,000 $ 110,375 $ 94,000
Monterey, California 7 $ 5,678,000 $ 811,142 $ 990,000
Galveston, Texas 7 $ 594,000 $ 84,857 $ 117,000
Charlevoix, Michigan 6 $ 4,679,000 $ 779,833 $ 336,000
Alameda, California 5 $ 5,277,000 $ 1,055,400 $ 358,000
Manatee, Florida 5 $ 3,463,000 $ 692,600 $ 392,000
Cook, Illinois 5 $ 1,601,000 $ 320,200 $ 277,000
Hillsdale, Michigan 5 $ 665,000 $ 133,000 $ 83,000
Ionia, Michigan 5 $ 471,000 $ 94,200 $ 65,000
Iosco, Michigan 5 $ 472,000 $ 94,400 $ 231,000
Sanilac, Michigan 5 $ 663,000 $ 132,600 $ 49,000
Tuscola, Michigan 5 $ 341,000 $ 68,200 $ 55,000
Montgomery, Texas 5 $ 944,000 $ 188,800 $ 91,000
Fresno, California 4 $ 1,415,000 $ 353,750 $ 108,000
Merced, California 4 $ 1,078,000 $ 269,500 $ 1,205,000
San Bernardino, California 4 $ 1,346,000 $ 336,500 $ 237,000
Sonoma, California 4 $ 2,643,000 $ 660,750 $ 250,000
Polk, Florida 4 $ 623,000 $ 155,750 $ 254,000
St. Lucie, Florida 4 $ 1,321,000 $ 330,250 $ 225,000
Alcona, Michigan 4 $ 1,314,000 $ 328,500 $ 76,000
Bay, Michigan 4 $ 317,000 $ 79,250 $ 47,000
Leelanau, Michigan 4 $ 1,676,000 $ 419,000 $ 478,000
Mecosta, Michigan 4 $ 470,000 $ 117,500 $ 107,000
Otsego, Michigan 4 $ 355,000 $ 88,750 $ 71,000
Roscommon, Michigan 4 $ 1,038,000 $ 259,500 $ 161,000
Saginaw, Michigan 4 $ 270,000 $ 67,500 $ 34,000
Shiawassee, Michigan 4 $ 612,000 $ 153,000 $ 885,000
Van Buren, Michigan 4 $ 547,000 $ 136,750 $ 83,000
Clark, Nevada 4 $ 2,679,000 $ 669,750 $ 67,000
Rockwall, Texas 4 $ 502,000 $ 125,500 $ 35,000
Pima, Arizona 3 $ 959,000 $ 319,666 $ 184,000
San Francisco, California 3 $ 13,885,000 $ 4,628,333 $ 1,479,000
Duval, Florida 3 $ 1,884,000 $ 628,000 $ 294,000
Hillsborough, Florida 3 $ 1,055,000 $ 351,666 $ 145,000
Orange, Florida 3 $ 1,087,000 $ 362,333 $ 227,000
Berrien, Michigan 3 $ 402,000 $ 134,000 $ 620,000
Branch, Michigan 3 $ 405,000 $ 135,000 $ 88,000
Cheboygan, Michigan 3 $ 915,000 $ 305,000 $ 444,000
Clare, Michigan 3 $ 334,000 $ 111,333 $ 72,000
Isabella, Michigan 3 $ 145,000 $ 48,333 $ 31,000
Montcalm, Michigan 3 $ 332,000 $ 110,666 $ 63,000
Lucas, Ohio 3 $ 262,000 $ 87,333 $ 118,000
Cooke, Texas 3 $ 710,000 $ 236,666 $ 119,000
Kaufman, Texas 3 $ 338,000 $ 112,666 $ 289,000
Waller, Texas 3 $ 202,000 $ 67,333 $ 112,000
Williamson, Texas 3 $ 227,000 $ 75,666 $ 73,000
Marin, California 2 $ 1,510,000 $ 755,000 $ 310,000
Sacramento, California 2 $ 2,425,000 $ 1,212,500 $ 289,000
Sutter, California 2 $ 735,000 $ 367,500 $ 571,000
Ventura, California 2 $ 1,395,000 $ 697,500 $ 1,749,000
Eagle, Colorado 2 $ 4,680,000 $ 2,340,000 $ 77,000
Indian River, Florida 2 $ 2,205,000 $ 1,102,500 $ 293,000
Martin, Florida 2 $ 1,145,000 $ 572,500 $ 66,000
Okaloosa, Florida 2 $ 436,000 $ 218,000 $ 110,000
Pinellas, Florida 2 $ 2,203,000 $ 1,101,500 $ 725,000
Volusia, Florida 2 $ 992,000 $ 496,000 $ 130,000
Walton, Florida 2 $ 360,000 $ 180,000 $ 185,000
Fulton, Georgia 2 $ 1,685,000 $ 842,500 $ 181,000
Arenac, Michigan 2 $ 417,000 $ 208,500 $ 517,000
Benzie, Michigan 2 $ 266,000 $ 133,000 $ 153,000
Kalkaska, Michigan 2 $ 814,000 $ 407,000 $ 264,000
Lake, Michigan 2 $ 59,000 $ 29,500 $ 110,000
Manistee, Michigan 2 $ 182,000 $ 91,000 $ 72,000
Oceana, Michigan 2 $ 67,000 $ 33,500 $ 43,000
St. Joseph, Michigan 2 $ 560,000 $ 280,000 $ 75,000
Santa Fe, New Mexico 2 $ 3,050,000 $ 1,525,000 $ 341,000
Portage, Ohio 2 $ 42,000 $ 21,000 $ 63,000
Beaufort, South Carolina 2 $ 575,000 $ 287,500 $ 0
Sevier, Tennessee 2 $ 560,000 $ 280,000 $ 39,000
Bexar, Texas 2 $ 365,000 $ 182,500 $ 41,000
Bosque, Texas 2 $ 1,914,000 $ 957,000 $ 656,000
Brazoria, Texas 2 $ 190,000 $ 95,000 $ 79,000
Grayson, Texas 2 $ 2,880,000 $ 1,440,000 $ 647,000
Van Zandt, Texas 2 $ 531,000 $ 265,500 $ 158,000
Summit, Utah 2 $ 1,378,000 $ 689,000 $ 401,000
King, Washington 2 $ 568,000 $ 284,000 $ 88,000
Baldwin, Alabama 1 $ 700,000 $ 700,000 $ 768,000
Coconino, Arizona 1 $ 230,000 $ 230,000 $ 0
La Paz, Arizona 1 $ 1,360,000 $ 1,360,000 $ 717,000
Pinal, Arizona 1 $ 1,355,000 $ 1,355,000 $ 2,093,000
Contra Costa, California 1 $ 661,000 $ 661,000 $ 682,000
El Dorado, California 1 $ 500,000 $ 500,000 $ 183,000
Kern, California 1 $ 150,000 $ 150,000 $ 45,000
Napa, California 1 $ 1,325,000 $ 1,325,000 $ 243,000
Nevada, California 1 $ 416,000 $ 416,000 $ 233,000
San Benito, California 1 $ 155,000 $ 155,000 $ 65,000
Solano, California 1 $ 947,000 $ 947,000 $ 219,000
Yuba, California 1 $ 150,000 $ 150,000 $ 37,000
Gunnison, Colorado 1 $ 776,000 $ 776,000 $ 422,000
Pitkin, Colorado 1 $ 1,675,000 $ 1,675,000 $ 921,000
Routt, Colorado 1 $ 1,448,000 $ 1,448,000 $ 0
Bay, Florida 1 $ 716,000 $ 716,000 $ 765,000
Citrus, Florida 1 $ 94,000 $ 94,000 $ 36,000
Clay, Florida 1 $ 234,000 $ 234,000 $ 167,000
Columbia, Florida 1 $ 167,000 $ 167,000 $ 114,000
Flagler, Florida 1 $ 788,000 $ 788,000 $ 487,000
Hernando, Florida 1 $ 535,000 $ 535,000 $ 128,000
Lake, Florida 1 $ 168,000 $ 168,000 $ 116,000
Marion, Florida 1 $ 500,000 $ 500,000 $ 129,000
Monroe, Florida 1 $ 338,000 $ 338,000 $ 0
Pasco, Florida 1 $ 80,000 $ 80,000 $ 0
Hawaii, Hawaii 1 $ 3,000,000 $ 3,000,000 $ 0
Maui, Hawaii 1 $ 776,000 $ 776,000 $ 0
Lake, Illinois 1 $ 495,000 $ 495,000 $ 310,000
Delaware, Indiana 1 $ 100,000 $ 100,000 $ 33,000
Elkhart, Indiana 1 $ 105,000 $ 105,000 $ 41,000
Marion, Indiana 1 $ 51,000 $ 51,000 $ 96,000
Steuben, Indiana 1 $ 56,000 $ 56,000 $ 157,000
Johnson, Kansas 1 $ 250,000 $ 250,000 $ 397,000
Jefferson, Louisiana 1 $ 160,000 $ 160,000 $ 35,000
Montgomery, Maryland 1 $ 200,000 $ 200,000 $ 360,000
Middlesex, Massachusetts 1 $ 120,000 $ 120,000 $ 352,000
Suffolk, Massachusetts 1 $ 304,000 $ 304,000 $ 256,000
Chippewa, Michigan 1 $ 268,000 $ 268,000 $ 157,000
Grand Traverse, Michigan 1 $ 320,000 $ 320,000 $ 787,000
Gratiot, Michigan 1 $ 115,000 $ 115,000 $ 184,000
Huron, Michigan 1 $ 71,000 $ 71,000 $ 41,000
Ogemaw, Michigan 1 $ 58,000 $ 58,000 $ 88,000
Ontonagon, Michigan 1 $ 220,000 $ 220,000 $ 350,000
Crow Wing, Minnesota 1 $ 250,000 $ 250,000 $ 14,000
Hennepin, Minnesota 1 $ 300,000 $ 300,000 $ 111,000
Wayne, Mississippi 1 $ 80,000 $ 80,000 $ 72,000
Ste. Genevieve, Missouri 1 $ 36,000 $ 36,000 $ 81,000
Douglas, Nevada 1 $ 710,000 $ 710,000 $ 203,000
Nye, Nevada 1 $ 183,000 $ 183,000 $ 645,000
Bergen, New Jersey 1 $ 423,000 $ 423,000 $ 187,000
Colfax, New Mexico 1 $ 85,000 $ 85,000 $ 81,000
Currituck, North Carolina 1 $ 405,000 $ 405,000 $ 0
Cuyahoga, Ohio 1 $ 1,077,000 $ 1,077,000 $ 514,000
Trumbull, Ohio 1 $ 105,000 $ 105,000 $ 3,582,000
Tillamook, Oregon 1 $ 442,000 $ 442,000 $ 114,000
Madison, Tennessee 1 $ 125,000 $ 125,000 $ 60,000
Washington, Tennessee 1 $ 107,000 $ 107,000 $ 62,000
Angelina, Texas 1 $ 108,000 $ 108,000 $ 88,000
Bastrop, Texas 1 $ 3,000 $ 3,000 $ 14,000
Burnet, Texas 1 $ 25,000 $ 25,000 $ 54,000
Comal, Texas 1 $ 520,000 $ 520,000 $ 1,215,000
Franklin, Texas 1 $ 52,000 $ 52,000 $ 32,000
Hays, Texas 1 $ 1,170,000 $ 1,170,000 $ 424,000
Hunt, Texas 1 $ 555,000 $ 555,000 $ 154,000
Johnson, Texas 1 $ 39,000 $ 39,000 $ 131,000
Lee, Texas 1 $ 416,000 $ 416,000 $ 685,000
Leon, Texas 1 $ 140,000 $ 140,000 $ 180,000
Llano, Texas 1 $ 475,000 $ 475,000 $ 289,000
Lubbock, Texas 1 $ 85,000 $ 85,000 $ 203,000
Montague, Texas 1 $ 40,000 $ 40,000 $ 123,000
Palo Pinto, Texas 1 $ 620,000 $ 620,000 $ 374,000
Culpeper, Virginia 1 $ 420,000 $ 420,000 $ 22,000
Fairfax, Virginia 1 $ 550,000 $ 550,000 $ 2,654,000
Williamsburg, Virginia 1 $ 128,000 $ 128,000 $ 95,000

Mortgage Loan Application Detail Totals for Comerica 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 2,627 $544,653,000 $505,473 $12,500,000 $278,105 $6,000,000
Home Purchase 1,085 $390,077,000 $502,259 $14,800,000 $216,851 $6,267,000
Home Improvement 845 $11,858,000 $200,750 $825,000 $209,750 $895,000

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 2,769 $568,982,000 $370,761 $12,500,000 $232,619 $6,267,000
Black or African American 675 $35,746,000 $304,333 $1,440,000 $194,833 $1,831,000
Not Provided 552 $183,436,000 $623,411 $2,966,000 $398,411 $5,596,000
Hispanic 218 $28,950,000 $479,333 $5,000,000 $467,333 $2,272,000
Not applicable 212 $98,666,000 $1,315,363 $14,800,000 $4,545 $120,000
Asian 103 $27,320,000 $366,666 $2,500,000 $174,833 $1,084,000
American Indian or Alaskan Native 24 $3,225,000 $102,500 $2,015,000 $65,500 $807,000
Native Hawaiian or Other Pacific Islander 4 $263,000 $75,500 $133,000 $77,000 $131,000

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) 4,532 $944,142,000 $481,033 $14,800,000 $246,633 $6,267,000
FHA-insured (Federal Housing Administration) 20 $1,897,000 $96,500 $171,000 $42,500 $74,000
VA-guaranteed (Veterans Administration) 5 $549,000 $109,000 $142,000 $41,000 $69,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 2,572 $667,917,000 $485,357 $14,800,000 $279,071 $6,267,000
Application Denied By Financial Institution 1,127 $97,072,000 $699,125 $12,500,000 $228,000 $2,772,000
Application Approved But Not Accepted 394 $91,558,000 $380,000 $3,720,000 $202,818 $2,133,000
Loan Purchased By The Institution 158 $15,230,000 $97,000 $192,000 $44,500 $120,000
File Closed For Incompleteness 125 $22,625,000 $1,006,250 $5,850,000 $241,500 $3,270,000
Application Withdrawn By Applicant 95 $36,961,000 $1,088,333 $3,575,000 $274,833 $1,599,000
Preapproval Denied by Financial Institution 86 $15,225,000 $177,000 $1,600,000 $59,000 $608,000
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 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 Comerica 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 Comerica 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.
For a list of all lenders in Michigan, download the full spreadsheet with aggregated HMDA statistics today.

Download the Michigan Lender List