Comerica Bank Mortgage Lending & HMDA Data, 2016

In 2016, Comerica Bank of Farmington Hills, MI reported 2,168 mortgage applications totaling $936.5 million, down 12% from 2015. The average application was for $431,969, and applicants reported an average income of $196,016. 46% of its applications resulted in an originated loan and 32% were denied. Its largest markets were Warren-Troy-Farmington Hills, MI (494), Detroit-Dearborn-Livonia, MI (243) and Dallas-Plano-Irving, TX (196) (applications in parentheses).

Mortgage Company & Address Comerica Bank

Farmington Hills, MI 48331
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 2,168
Total Mortgage Loan Application Amount $936,510,000
Average Mortgage Loan Application Amount $431,969
Highest Mortgage Loan Application Amount $32,500,000
Average Applicant Income $196,016
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Act (HMDA) records Comerica Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2016

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Oakland, Michigan 275 $ 74,536,000 $ 271,040 $ 146,000
Wayne, Michigan 243 $ 45,543,000 $ 187,419 $ 112,000
Macomb, Michigan 188 $ 28,888,000 $ 153,659 $ 76,000
Harris, Texas 137 $ 39,159,000 $ 285,832 $ 162,000
Los Angeles, California 124 $ 164,091,000 $ 1,323,314 $ 501,000
Dallas, Texas 116 $ 40,652,000 $ 350,448 $ 159,000
Palm Beach, Florida 57 $ 24,554,000 $ 430,771 $ 337,000
Kent, Michigan 56 $ 10,671,000 $ 190,553 $ 129,000
Maricopa, Arizona 53 $ 17,831,000 $ 336,433 $ 183,000
Jackson, Michigan 53 $ 6,687,000 $ 126,169 $ 56,000
Washtenaw, Michigan 44 $ 10,351,000 $ 235,250 $ 150,000
Collin, Texas 40 $ 10,910,000 $ 272,750 $ 160,000
San Diego, California 37 $ 42,857,000 $ 1,158,297 $ 401,000
Travis, Texas 37 $ 24,337,000 $ 657,756 $ 224,000
Tarrant, Texas 36 $ 6,670,000 $ 185,277 $ 97,000
Fort Bend, Texas 33 $ 11,198,000 $ 339,333 $ 114,000
Denton, Texas 27 $ 8,020,000 $ 297,037 $ 178,000
Muskegon, Michigan 26 $ 2,691,000 $ 103,500 $ 69,000
Orange, California 25 $ 34,338,000 $ 1,373,520 $ 348,000
Livingston, Michigan 22 $ 4,618,000 $ 209,909 $ 112,000
Broward, Florida 21 $ 3,304,000 $ 157,333 $ 65,000
Santa Cruz, California 20 $ 9,568,000 $ 478,400 $ 183,000
Calhoun, Michigan 20 $ 3,083,000 $ 154,150 $ 87,000
Kalamazoo, Michigan 20 $ 2,834,000 $ 141,700 $ 92,000
Ottawa, Michigan 20 $ 3,436,000 $ 171,800 $ 81,000
San Mateo, California 19 $ 15,412,000 $ 811,157 $ 163,000
Santa Clara, California 19 $ 24,035,000 $ 1,265,000 $ 590,000
Monterey, California 17 $ 19,782,000 $ 1,163,647 $ 250,000
Alameda, California 16 $ 8,920,000 $ 557,500 $ 183,000
Collier, Florida 14 $ 9,268,000 $ 662,000 $ 499,000
Contra Costa, California 12 $ 9,570,000 $ 797,500 $ 414,000
Ingham, Michigan 12 $ 1,577,000 $ 131,416 $ 86,000
Bexar, Texas 12 $ 2,999,000 $ 249,916 $ 123,000
San Bernardino, California 10 $ 3,758,000 $ 375,800 $ 124,000
Riverside, California 9 $ 8,762,000 $ 973,555 $ 238,000
Montgomery, Texas 9 $ 2,124,000 $ 236,000 $ 156,000
Genesee, Michigan 8 $ 757,000 $ 94,625 $ 82,000
Lenawee, Michigan 8 $ 963,000 $ 120,375 $ 87,000
San Francisco, California 7 $ 9,968,000 $ 1,424,000 $ 288,000
Eaton, Michigan 7 $ 797,000 $ 113,857 $ 62,000
Gladwin, Michigan 7 $ 528,000 $ 75,428 $ 58,000
Williamson, Texas 7 $ 1,039,000 $ 148,428 $ 80,000
Marin, California 6 $ 8,089,000 $ 1,348,166 $ 564,000
Lee, Florida 6 $ 2,291,000 $ 381,833 $ 282,000
Ellis, Texas 6 $ 960,000 $ 160,000 $ 96,000
Allegan, Michigan 5 $ 1,046,000 $ 209,200 $ 191,000
Antrim, Michigan 5 $ 1,297,000 $ 259,400 $ 147,000
St. Clair, Michigan 5 $ 746,000 $ 149,200 $ 131,000
Ventura, California 4 $ 2,130,000 $ 532,500 $ 183,000
Clare, Michigan 4 $ 488,000 $ 122,000 $ 85,000
Lapeer, Michigan 4 $ 931,000 $ 232,750 $ 75,000
Monroe, Michigan 4 $ 740,000 $ 185,000 $ 60,000
Van Buren, Michigan 4 $ 1,176,000 $ 294,000 $ 172,000
Clark, Nevada 4 $ 5,488,000 $ 1,372,000 $ 1,610,000
Brazoria, Texas 4 $ 559,000 $ 139,750 $ 96,000
Kern, California 3 $ 2,847,000 $ 949,000 $ 134,000
Napa, California 3 $ 722,000 $ 240,666 $ 143,000
Denver, Colorado 3 $ 1,243,000 $ 414,333 $ 115,000
Pinellas, Florida 3 $ 258,000 $ 86,000 $ 87,000
Cook, Illinois 3 $ 1,424,000 $ 474,666 $ 205,000
Barry, Michigan 3 $ 901,000 $ 300,333 $ 232,000
Charlevoix, Michigan 3 $ 2,741,000 $ 913,666 $ 3,216,000
Cheboygan, Michigan 3 $ 1,479,000 $ 493,000 $ 677,000
Clinton, Michigan 3 $ 9,234,000 $ 3,078,000 $ 62,000
Saginaw, Michigan 3 $ 2,865,000 $ 955,000 $ 40,000
Kaufman, Texas 3 $ 557,000 $ 185,666 $ 51,000
Nueces, Texas 3 $ 669,000 $ 223,000 $ 236,000
Rockwall, Texas 3 $ 905,000 $ 301,666 $ 169,000
Waller, Texas 3 $ 850,000 $ 283,333 $ 376,000
Coconino, Arizona 2 $ 1,016,000 $ 508,000 $ 166,000
El Dorado, California 2 $ 1,239,000 $ 619,500 $ 497,000
San Benito, California 2 $ 2,262,000 $ 1,131,000 $ 1,280,000
Arapahoe, Colorado 2 $ 7,080,000 $ 3,540,000 $ 1,884,000
Hillsborough, Florida 2 $ 1,052,000 $ 526,000 $ 313,000
Miami-Dade, Florida 2 $ 5,626,000 $ 2,813,000 $ 185,000
Orange, Florida 2 $ 345,000 $ 172,500 $ 277,000
St. Lucie, Florida 2 $ 884,000 $ 442,000 $ 293,000
Walton, Florida 2 $ 816,000 $ 408,000 $ 361,000
Gwinnett, Georgia 2 $ 2,532,000 $ 1,266,000 $ 3,500,000
Montgomery, Maryland 2 $ 808,000 $ 404,000 $ 106,000
Suffolk, Massachusetts 2 $ 7,268,000 $ 3,634,000 $ 0
Crawford, Michigan 2 $ 206,000 $ 103,000 $ 114,000
Emmet, Michigan 2 $ 288,000 $ 144,000 $ 228,000
Iosco, Michigan 2 $ 151,000 $ 75,500 $ 129,000
Ogemaw, Michigan 2 $ 92,000 $ 46,000 $ 106,000
Shiawassee, Michigan 2 $ 185,000 $ 92,500 $ 30,000
Washoe, Nevada 2 $ 2,042,000 $ 1,021,000 $ 214,000
Santa Fe, New Mexico 2 $ 898,000 $ 449,000 $ 225,000
Cuyahoga, Ohio 2 $ 1,356,000 $ 678,000 $ 42,000
Beaufort, South Carolina 2 $ 517,000 $ 258,500 $ 274,000
Shelby, Tennessee 2 $ 6,300,000 $ 3,150,000 $ 0
Williamson, Tennessee 2 $ 633,000 $ 316,500 $ 563,000
Bell, Texas 2 $ 244,000 $ 122,000 $ 65,000
Brazos, Texas 2 $ 377,000 $ 188,500 $ 124,000
Hays, Texas 2 $ 572,000 $ 286,000 $ 160,000
Henderson, Texas 2 $ 534,000 $ 267,000 $ 523,000
Kerr, Texas 2 $ 245,000 $ 122,500 $ 39,000
McLennan, Texas 2 $ 646,000 $ 323,000 $ 794,000
Walker, Texas 2 $ 393,000 $ 196,500 $ 18,000
King, Washington 2 $ 2,709,000 $ 1,354,500 $ 1,757,000
Etowah, Alabama 1 $ 106,000 $ 106,000 $ 91,000
Cochise, Arizona 1 $ 244,000 $ 244,000 $ 184,000
Graham, Arizona 1 $ 260,000 $ 260,000 $ 4,000
Yavapai, Arizona 1 $ 2,836,000 $ 2,836,000 $ 977,000
Merced, California 1 $ 55,000 $ 55,000 $ 66,000
Nevada, California 1 $ 228,000 $ 228,000 $ 114,000
Placer, California 1 $ 382,000 $ 382,000 $ 650,000
San Joaquin, California 1 $ 55,000 $ 55,000 $ 12,000
Solano, California 1 $ 24,500,000 $ 24,500,000 $ 0
Sonoma, California 1 $ 609,000 $ 609,000 $ 410,000
Tulare, California 1 $ 262,000 $ 262,000 $ 3,234,000
Yolo, California 1 $ 1,182,000 $ 1,182,000 $ 240,000
Boulder, Colorado 1 $ 1,000,000 $ 1,000,000 $ 321,000
Eagle, Colorado 1 $ 1,058,000 $ 1,058,000 $ 0
La Plata, Colorado 1 $ 692,000 $ 692,000 $ 272,000
Pitkin, Colorado 1 $ 1,400,000 $ 1,400,000 $ 0
San Miguel, Colorado 1 $ 1,364,000 $ 1,364,000 $ 124,000
Charlotte, Florida 1 $ 550,000 $ 550,000 $ 0
Lake, Florida 1 $ 119,000 $ 119,000 $ 60,000
Monroe, Florida 1 $ 1,727,000 $ 1,727,000 $ 345,000
Osceola, Florida 1 $ 308,000 $ 308,000 $ 150,000
Sarasota, Florida 1 $ 355,000 $ 355,000 $ 483,000
Seminole, Florida 1 $ 8,045,000 $ 8,045,000 $ 0
St. Johns, Florida 1 $ 293,000 $ 293,000 $ 122,000
Volusia, Florida 1 $ 863,000 $ 863,000 $ 131,000
Cobb, Georgia 1 $ 254,000 $ 254,000 $ 176,000
Richmond, Georgia 1 $ 51,000 $ 51,000 $ 51,000
Hawaii, Hawaii 1 $ 649,000 $ 649,000 $ 932,000
Blaine, Idaho 1 $ 6,400,000 $ 6,400,000 $ 2,100,000
Bonner, Idaho 1 $ 152,000 $ 152,000 $ 94,000
Will, Illinois 1 $ 190,000 $ 190,000 $ 46,000
Grant, Indiana 1 $ 188,000 $ 188,000 $ 80,000
Steuben, Indiana 1 $ 359,000 $ 359,000 $ 190,000
Middlesex, Massachusetts 1 $ 328,000 $ 328,000 $ 145,000
Alcona, Michigan 1 $ 104,000 $ 104,000 $ 70,000
Bay, Michigan 1 $ 139,000 $ 139,000 $ 43,000
Berrien, Michigan 1 $ 13,976,000 $ 13,976,000 $ 0
Branch, Michigan 1 $ 40,000 $ 40,000 $ 56,000
Hillsdale, Michigan 1 $ 100,000 $ 100,000 $ 37,000
Huron, Michigan 1 $ 184,000 $ 184,000 $ 121,000
Ionia, Michigan 1 $ 96,000 $ 96,000 $ 25,000
Isabella, Michigan 1 $ 100,000 $ 100,000 $ 115,000
Lake, Michigan 1 $ 101,000 $ 101,000 $ 85,000
Leelanau, Michigan 1 $ 159,000 $ 159,000 $ 45,000
Mecosta, Michigan 1 $ 50,000 $ 50,000 $ 51,000
Menominee, Michigan 1 $ 87,000 $ 87,000 $ 59,000
Midland, Michigan 1 $ 96,000 $ 96,000 $ 56,000
Otsego, Michigan 1 $ 165,000 $ 165,000 $ 78,000
Roscommon, Michigan 1 $ 337,000 $ 337,000 $ 126,000
St. Joseph, Michigan 1 $ 59,000 $ 59,000 $ 44,000
Wexford, Michigan 1 $ 1,080,000 $ 1,080,000 $ 0
Jackson, Mississippi 1 $ 126,000 $ 126,000 $ 350,000
Clay, Missouri 1 $ 200,000 $ 200,000 $ 120,000
Colfax, New Mexico 1 $ 324,000 $ 324,000 $ 280,000
Guilford, North Carolina 1 $ 813,000 $ 813,000 $ 145,000
Lincoln, North Carolina 1 $ 272,000 $ 272,000 $ 0
Choctaw, Oklahoma 1 $ 90,000 $ 90,000 $ 127,000
Oklahoma, Oklahoma 1 $ 88,000 $ 88,000 $ 120,000
Josephine, Oregon 1 $ 166,000 $ 166,000 $ 81,000
Lehigh, Pennsylvania 1 $ 576,000 $ 576,000 $ 525,000
Berkeley, South Carolina 1 $ 318,000 $ 318,000 $ 205,000
Horry, South Carolina 1 $ 248,000 $ 248,000 $ 181,000
Wilson, Tennessee 1 $ 344,000 $ 344,000 $ 253,000
El Paso, Texas 1 $ 66,000 $ 66,000 $ 23,000
Fayette, Texas 1 $ 953,000 $ 953,000 $ 0
Galveston, Texas 1 $ 191,000 $ 191,000 $ 78,000
Grayson, Texas 1 $ 133,000 $ 133,000 $ 61,000
Hood, Texas 1 $ 53,000 $ 53,000 $ 18,000
Hunt, Texas 1 $ 254,000 $ 254,000 $ 80,000
Limestone, Texas 1 $ 145,000 $ 145,000 $ 98,000
Llano, Texas 1 $ 440,000 $ 440,000 $ 112,000
Midland, Texas 1 $ 160,000 $ 160,000 $ 74,000
Navarro, Texas 1 $ 108,000 $ 108,000 $ 26,000
Parker, Texas 1 $ 368,000 $ 368,000 $ 275,000
San Jacinto, Texas 1 $ 520,000 $ 520,000 $ 1,116,000
Trinity, Texas 1 $ 150,000 $ 150,000 $ 136,000
Washington, Texas 1 $ 165,000 $ 165,000 $ 98,000
Wood, Texas 1 $ 581,000 $ 581,000 $ 881,000
Summit, Utah 1 $ 1,610,000 $ 1,610,000 $ 3,478,000
Outagamie, Wisconsin 1 $ 73,000 $ 73,000 $ 59,000

Mortgage Loan Application Detail Totals for Comerica Bank in 2016

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 1,279 $593,850,000 $464,000 $32,500,000 $199,000 $9,999,000
Home Purchase 840 $333,318,000 $396,000 $24,500,000 $199,000 $8,446,000
Home Improvement 49 $9,342,000 $190,000 $1,827,000 $67,000 $491,000

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 1,020 $360,331,000 $353,000 $6,700,000 $204,000 $7,242,000
Not Provided 644 $339,983,000 $527,000 $32,500,000 $275,000 $9,999,000
Not applicable 181 $152,815,000 $844,000 $24,500,000 $35,000 $270,000
Asian 111 $38,697,000 $348,000 $2,095,000 $120,000 $660,000
Hispanic 108 $26,860,000 $248,000 $2,400,000 $107,000 $1,650,000
Black or African American 92 $16,235,000 $176,000 $2,040,000 $84,000 $662,000
American Indian or Alaskan Native 10 $1,079,000 $107,000 $200,000 $81,000 $196,000
Native Hawaiin or Other Pacific Islander 2 $510,000 $255,000 $366,000 $126,000 $164,000

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) 2,056 $923,082,000 $448,000 $32,500,000 $204,000 $9,999,000
FHA-insured (Federal Housing Administration) 111 $13,242,000 $119,000 $512,000 $52,000 $161,000
VA-guaranteed (Veterans Administration) 1 $186,000 $186,000 $186,000 $41,000 $41,000
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 1,003 $562,877,000 $561,000 $32,500,000 $269,000 $9,999,000
Application Denied By Financial Institution 694 $223,982,000 $322,000 $24,500,000 $130,000 $7,242,000
Application Withdrawn By Applicant 256 $103,342,000 $403,000 $5,670,000 $163,000 $2,520,000
Loan Purchased By The Institution 122 $14,071,000 $115,000 $263,000 $52,000 $270,000
File Closed For Incompleteness 59 $14,357,000 $243,000 $813,000 $122,000 $950,000
Application Approved But Not Accepted 34 $17,881,000 $525,000 $2,500,000 $269,000 $1,635,000
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 2016 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