Comerica Bank Mortgage Lending & HMDA Data, 2009

In 2009, Comerica Bank of Detroit, MI reported 4,397 mortgage applications totaling $893.1 million, up 24% from 2008. The average application was for $203,116, and applicants reported an average income of $124,859. 36% of its applications resulted in an originated loan and 29% were denied. Its largest markets were Warren-Troy-Farmington Hills, MI (1,351), Detroit-Livonia-Dearborn, MI (642) and Dallas-Plano-Irving, TX (322) (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 4,397
Total Mortgage Loan Application Amount $893,103,000
Average Mortgage Loan Application Amount $203,116
Highest Mortgage Loan Application Amount $20,000,000
Average Applicant Income $124,859
Highest Applicant Income $9,999,000

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Act (HMDA) records Comerica Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2009

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Oakland, Michigan 751 $ 142,256,000 $ 189,422 $ 122,000
Wayne, Michigan 642 $ 69,239,000 $ 107,848 $ 75,000
Macomb, Michigan 486 $ 62,471,000 $ 128,541 $ 71,000
Dallas, Texas 218 $ 40,764,000 $ 186,990 $ 108,000
Harris, Texas 202 $ 31,529,000 $ 156,084 $ 125,000
Washtenaw, Michigan 168 $ 32,913,000 $ 195,910 $ 110,000
Jackson, Michigan 143 $ 18,530,000 $ 129,580 $ 67,000
Kent, Michigan 108 $ 13,485,000 $ 124,861 $ 78,000
Los Angeles, California 99 $ 72,972,000 $ 737,090 $ 317,000
Livingston, Michigan 86 $ 15,306,000 $ 177,976 $ 88,000
Muskegon, Michigan 81 $ 7,696,000 $ 95,012 $ 71,000
Travis, Texas 79 $ 17,841,000 $ 225,835 $ 134,000
Calhoun, Michigan 76 $ 10,773,000 $ 141,750 $ 75,000
Ottawa, Michigan 67 $ 9,026,000 $ 134,716 $ 75,000
Santa Clara, California 61 $ 31,604,000 $ 518,098 $ 186,000
Fort Bend, Texas 56 $ 8,951,000 $ 159,839 $ 102,000
Collin, Texas 55 $ 12,485,000 $ 227,000 $ 161,000
Tarrant, Texas 52 $ 9,510,000 $ 182,884 $ 101,000
Ingham, Michigan 51 $ 5,407,000 $ 106,019 $ 79,000
Orange, California 47 $ 28,531,000 $ 607,042 $ 253,000
Palm Beach, Florida 46 $ 23,702,000 $ 515,260 $ 305,000
Maricopa, Arizona 42 $ 20,214,000 $ 481,285 $ 239,000
Kalamazoo, Michigan 42 $ 6,943,000 $ 165,309 $ 127,000
Broward, Florida 33 $ 8,501,000 $ 257,606 $ 320,000
Midland, Michigan 31 $ 4,050,000 $ 130,645 $ 72,000
San Diego, California 29 $ 16,358,000 $ 564,068 $ 319,000
Santa Cruz, California 28 $ 8,643,000 $ 308,678 $ 97,000
Lenawee, Michigan 27 $ 3,407,000 $ 126,185 $ 63,000
Monterey, California 23 $ 8,328,000 $ 362,086 $ 245,000
Denton, Texas 23 $ 5,669,000 $ 246,478 $ 185,000
Williamson, Texas 22 $ 3,145,000 $ 142,954 $ 90,000
Gladwin, Michigan 21 $ 2,369,000 $ 112,809 $ 62,000
Genesee, Michigan 19 $ 1,954,000 $ 102,842 $ 64,000
Eaton, Michigan 18 $ 2,504,000 $ 139,111 $ 73,000
St. Clair, Michigan 18 $ 2,407,000 $ 133,722 $ 99,000
San Mateo, California 16 $ 7,531,000 $ 470,687 $ 135,000
Ellis, Texas 15 $ 2,057,000 $ 137,133 $ 103,000
Alameda, California 14 $ 4,927,000 $ 351,928 $ 99,000
Riverside, California 14 $ 10,534,000 $ 752,428 $ 157,000
Montgomery, Texas 14 $ 2,488,000 $ 177,714 $ 124,000
Clinton, Michigan 13 $ 1,805,000 $ 138,846 $ 94,000
Brazoria, Texas 12 $ 1,827,000 $ 152,250 $ 138,000
Contra Costa, California 11 $ 4,408,000 $ 400,727 $ 147,000
Allegan, Michigan 11 $ 1,458,000 $ 132,545 $ 101,000
Collier, Florida 10 $ 8,133,000 $ 813,300 $ 928,000
Lapeer, Michigan 10 $ 891,000 $ 89,100 $ 61,000
Hillsdale, Michigan 9 $ 1,235,000 $ 137,222 $ 63,000
Monroe, Michigan 9 $ 1,456,000 $ 161,777 $ 78,000
Galveston, Texas 9 $ 1,876,000 $ 208,444 $ 109,000
Sacramento, California 8 $ 2,038,000 $ 254,750 $ 615,000
Barry, Michigan 8 $ 892,000 $ 111,500 $ 51,000
San Bernardino, California 7 $ 1,263,000 $ 180,428 $ 143,000
Lee, Florida 7 $ 5,070,000 $ 724,285 $ 211,000
Charlevoix, Michigan 7 $ 2,308,000 $ 329,714 $ 264,000
Antrim, Michigan 5 $ 840,000 $ 168,000 $ 189,000
Cheboygan, Michigan 5 $ 948,000 $ 189,600 $ 320,000
Clare, Michigan 5 $ 557,000 $ 111,400 $ 69,000
Emmet, Michigan 5 $ 749,000 $ 149,800 $ 176,000
Oceana, Michigan 5 $ 856,000 $ 171,200 $ 90,000
Van Buren, Michigan 5 $ 744,000 $ 148,800 $ 73,000
Kaufman, Texas 5 $ 490,000 $ 98,000 $ 91,000
Rockwall, Texas 5 $ 1,300,000 $ 260,000 $ 443,000
Manatee, Florida 4 $ 991,000 $ 247,750 $ 151,000
Orange, Florida 4 $ 624,000 $ 156,000 $ 71,000
Ionia, Michigan 4 $ 441,000 $ 110,250 $ 79,000
Mecosta, Michigan 4 $ 720,000 $ 180,000 $ 66,000
Montmorency, Michigan 4 $ 724,000 $ 181,000 $ 112,000
Roscommon, Michigan 4 $ 672,000 $ 168,000 $ 139,000
Gila, Arizona 3 $ 593,000 $ 197,666 $ 256,000
Pinal, Arizona 3 $ 504,000 $ 168,000 $ 122,000
Nevada, California 3 $ 1,380,000 $ 460,000 $ 392,000
Sonoma, California 3 $ 5,418,000 $ 1,806,000 $ 3,925,000
Ventura, California 3 $ 629,000 $ 209,666 $ 64,000
Marion, Florida 3 $ 339,000 $ 113,000 $ 63,000
Martin, Florida 3 $ 420,000 $ 140,000 $ 123,000
Miami-Dade, Florida 3 $ 711,000 $ 237,000 $ 143,000
Pasco, Florida 3 $ 249,000 $ 83,000 $ 89,000
Bay, Michigan 3 $ 253,000 $ 84,333 $ 81,000
Berrien, Michigan 3 $ 1,724,000 $ 574,666 $ 237,000
Huron, Michigan 3 $ 726,000 $ 242,000 $ 332,000
Iosco, Michigan 3 $ 642,000 $ 214,000 $ 139,000
Isabella, Michigan 3 $ 409,000 $ 136,333 $ 95,000
Lake, Michigan 3 $ 287,000 $ 95,666 $ 82,000
Saginaw, Michigan 3 $ 280,000 $ 93,333 $ 106,000
Sanilac, Michigan 3 $ 812,000 $ 270,666 $ 154,000
Bexar, Texas 3 $ 340,000 $ 113,333 $ 84,000
Henderson, Texas 3 $ 983,000 $ 327,666 $ 439,000
Hidalgo, Texas 3 $ 508,000 $ 169,333 $ 96,000
Hood, Texas 3 $ 418,000 $ 139,333 $ 107,000
San Francisco, California 2 $ 855,000 $ 427,500 $ 108,000
San Joaquin, California 2 $ 436,000 $ 218,000 $ 83,000
Yolo, California 2 $ 155,000 $ 77,500 $ 99,000
Charlotte, Florida 2 $ 200,000 $ 100,000 $ 67,000
Monroe, Florida 2 $ 550,000 $ 275,000 $ 143,000
Pinellas, Florida 2 $ 311,000 $ 155,500 $ 146,000
St. Lucie, Florida 2 $ 1,199,000 $ 599,500 $ 407,000
Cook, Illinois 2 $ 380,000 $ 190,000 $ 386,000
Kalkaska, Michigan 2 $ 570,000 $ 285,000 $ 182,000
Manistee, Michigan 2 $ 215,000 $ 107,500 $ 172,000
Mason, Michigan 2 $ 194,000 $ 97,000 $ 69,000
Montcalm, Michigan 2 $ 180,000 $ 90,000 $ 58,000
Osceola, Michigan 2 $ 43,000 $ 21,500 $ 40,000
Santa Fe, New Mexico 2 $ 1,413,000 $ 706,500 $ 73,000
Cuyahoga, Ohio 2 $ 1,255,000 $ 627,500 $ 718,000
Milam, Texas 2 $ 516,000 $ 258,000 $ 113,000
Parker, Texas 2 $ 173,000 $ 86,500 $ 62,000
Polk, Texas 2 $ 330,000 $ 165,000 $ 150,000
Titus, Texas 2 $ 472,000 $ 236,000 $ 341,000
Van Zandt, Texas 2 $ 394,000 $ 197,000 $ 143,000
Pima, Arizona 1 $ 191,000 $ 191,000 $ 97,000
Yavapai, Arizona 1 $ 499,000 $ 499,000 $ 799,000
El Dorado, California 1 $ 232,000 $ 232,000 $ 364,000
Kern, California 1 $ 172,000 $ 172,000 $ 56,000
Marin, California 1 $ 625,000 $ 625,000 $ 372,000
Placer, California 1 $ 388,000 $ 388,000 $ 77,000
San Benito, California 1 $ 164,000 $ 164,000 $ 52,000
San Luis Obispo, California 1 $ 393,000 $ 393,000 $ 309,000
Santa Barbara, California 1 $ 5,670,000 $ 5,670,000 $ 9,999,000
Stanislaus, California 1 $ 218,000 $ 218,000 $ 56,000
Sutter, California 1 $ 66,000 $ 66,000 $ 114,000
Tulare, California 1 $ 74,000 $ 74,000 $ 35,000
Eagle, Colorado 1 $ 6,200,000 $ 6,200,000 $ 1,142,000
San Miguel, Colorado 1 $ 417,000 $ 417,000 $ 416,000
New Haven, Connecticut 1 $ 864,000 $ 864,000 $ 65,000
Bay, Florida 1 $ 278,000 $ 278,000 $ 78,000
Brevard, Florida 1 $ 10,000 $ 10,000 $ 74,000
Flagler, Florida 1 $ 207,000 $ 207,000 $ 144,000
Hernando, Florida 1 $ 70,000 $ 70,000 $ 43,000
Hillsborough, Florida 1 $ 348,000 $ 348,000 $ 152,000
Indian River, Florida 1 $ 417,000 $ 417,000 $ 205,000
Leon, Florida 1 $ 177,000 $ 177,000 $ 105,000
Osceola, Florida 1 $ 520,000 $ 520,000 $ 180,000
Sarasota, Florida 1 $ 145,000 $ 145,000 $ 35,000
Sumter, Florida 1 $ 160,000 $ 160,000 $ 52,000
Walton, Florida 1 $ 417,000 $ 417,000 $ 268,000
Paulding, Georgia 1 $ 180,000 $ 180,000 $ 616,000
Kauai, Hawaii 1 $ 2,746,000 $ 2,746,000 $ 0
Maui, Hawaii 1 $ 710,000 $ 710,000 $ 146,000
Blaine, Idaho 1 $ 1,069,000 $ 1,069,000 $ 2,385,000
Orleans, Louisiana 1 $ 700,000 $ 700,000 $ 301,000
Benzie, Michigan 1 $ 251,000 $ 251,000 $ 100,000
Branch, Michigan 1 $ 303,000 $ 303,000 $ 214,000
Chippewa, Michigan 1 $ 194,000 $ 194,000 $ 119,000
Crawford, Michigan 1 $ 46,000 $ 46,000 $ 100,000
Grand Traverse, Michigan 1 $ 105,000 $ 105,000 $ 47,000
Leelanau, Michigan 1 $ 417,000 $ 417,000 $ 1,054,000
Newaygo, Michigan 1 $ 60,000 $ 60,000 $ 55,000
Ogemaw, Michigan 1 $ 88,000 $ 88,000 $ 35,000
Shiawassee, Michigan 1 $ 172,000 $ 172,000 $ 109,000
St. Joseph, Michigan 1 $ 60,000 $ 60,000 $ 166,000
Tuscola, Michigan 1 $ 116,000 $ 116,000 $ 91,000
Wexford, Michigan 1 $ 68,000 $ 68,000 $ 78,000
Christian, Missouri 1 $ 967,000 $ 967,000 $ 541,000
Dade, Missouri 1 $ 102,000 $ 102,000 $ 40,000
Morris, New Jersey 1 $ 431,000 $ 431,000 $ 164,000
Mecklenburg, North Carolina 1 $ 417,000 $ 417,000 $ 109,000
Hamilton, Ohio 1 $ 372,000 $ 372,000 $ 312,000
Clackamas, Oregon 1 $ 221,000 $ 221,000 $ 342,000
Loudon, Tennessee 1 $ 300,000 $ 300,000 $ 47,000
Bastrop, Texas 1 $ 417,000 $ 417,000 $ 180,000
Blanco, Texas 1 $ 245,000 $ 245,000 $ 653,000
Brazos, Texas 1 $ 52,000 $ 52,000 $ 155,000
Burnet, Texas 1 $ 45,000 $ 45,000 $ 38,000
Caldwell, Texas 1 $ 128,000 $ 128,000 $ 124,000
Cameron, Texas 1 $ 144,000 $ 144,000 $ 266,000
Chambers, Texas 1 $ 285,000 $ 285,000 $ 138,000
Colorado, Texas 1 $ 87,000 $ 87,000 $ 18,000
El Paso, Texas 1 $ 105,000 $ 105,000 $ 44,000
Grayson, Texas 1 $ 57,000 $ 57,000 $ 110,000
Hays, Texas 1 $ 270,000 $ 270,000 $ 111,000
Hunt, Texas 1 $ 152,000 $ 152,000 $ 65,000
Johnson, Texas 1 $ 344,000 $ 344,000 $ 145,000
Kerr, Texas 1 $ 114,000 $ 114,000 $ 41,000
Liberty, Texas 1 $ 73,000 $ 73,000 $ 79,000
Marion, Texas 1 $ 100,000 $ 100,000 $ 132,000
Midland, Texas 1 $ 178,000 $ 178,000 $ 90,000
Nueces, Texas 1 $ 116,000 $ 116,000 $ 112,000
Sabine, Texas 1 $ 417,000 $ 417,000 $ 570,000
San Jacinto, Texas 1 $ 156,000 $ 156,000 $ 568,000
Tom Green, Texas 1 $ 86,000 $ 86,000 $ 205,000
Walker, Texas 1 $ 200,000 $ 200,000 $ 372,000
Waller, Texas 1 $ 32,000 $ 32,000 $ 40,000
Washington, Texas 1 $ 145,000 $ 145,000 $ 45,000
Wharton, Texas 1 $ 193,000 $ 193,000 $ 146,000
Wise, Texas 1 $ 143,000 $ 143,000 $ 104,000

Mortgage Loan Application Detail Totals for Comerica Bank in 2009

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 2,773 $576,954,000 $208,000 $20,000,000 $118,000 $5,675,000
Home Purchase 1,392 $300,828,000 $216,000 $7,000,000 $142,000 $9,999,000
Home Improvement 232 $15,321,000 $66,000 $1,726,000 $104,000 $4,433,000

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 2,278 $422,849,000 $185,000 $4,500,000 $121,000 $5,675,000
Not Provided 1,332 $340,595,000 $255,000 $7,000,000 $155,000 $9,999,000
Black or African American 279 $22,267,000 $79,000 $1,000,000 $59,000 $1,000,000
Hispanic 241 $28,477,000 $118,000 $620,000 $82,000 $1,000,000
Asian 173 $37,228,000 $215,000 $858,000 $112,000 $668,000
Not applicable 61 $36,959,000 $605,000 $20,000,000 $90,000 $2,780,000
American Indian or Alaskan Native 18 $2,426,000 $134,000 $558,000 $70,000 $215,000
Native Hawaiian or Other Pacific Islander 15 $2,302,000 $153,000 $396,000 $172,000 $1,008,000

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) 3,638 $798,784,000 $219,000 $20,000,000 $139,000 $9,999,000
FHA-insured (Federal Housing Administration) 757 $93,981,000 $124,000 $709,000 $56,000 $925,000
VA-guaranteed (Veterans Administration) 2 $338,000 $169,000 $176,000 $71,000 $104,000
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 1,568 $385,749,000 $246,000 $20,000,000 $154,000 $6,614,000
Application Approved But Not Accepted 1,414 $264,715,000 $187,000 $4,100,000 $120,000 $9,999,000
Application Denied By Financial Institution 1,294 $217,403,000 $168,000 $7,000,000 $90,000 $5,634,000
Loan Purchased By The Institution 51 $5,672,000 $111,000 $202,000 $44,000 $138,000
File Closed For Incompleteness 36 $3,436,000 $95,000 $417,000 $106,000 $837,000
Application Withdrawn By Applicant 34 $16,128,000 $474,000 $5,670,000 $388,000 $9,999,000
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
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 2009 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.
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