Comerica Bank Mortgage Lending & HMDA Data, 2020

In 2020, Comerica Bank of Farmington Hills, MI reported 12,649 mortgage applications totaling $3.4 billion, down 9% from 2019. The average application was for $265,543, and applicants reported an average income of $180,706. 47% of its applications resulted in an originated loan and 35% were denied. Its largest markets were Warren-Troy-Farmington Hills, MI (1,920), Houston-The Woodlands-Sugar Land, TX (1,622) and Los Angeles-Long Beach-Glendale, CA (1,309) (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 12,649
Total Mortgage Loan Application Amount $3,358,865,000
Average Mortgage Loan Application Amount $265,543
Highest Mortgage Loan Application Amount $42,705,000
Average Applicant Income $180,706
Highest Applicant Income $8,262,000

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Act (HMDA) records Comerica Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Los Angeles, California 1,309 $ 638,405,000 $ 487,704 $ 250,000
Harris, Texas 1,203 $ 186,495,000 $ 155,024 $ 115,000
Oakland, Michigan 1,121 $ 237,195,000 $ 211,592 $ 173,000
Wayne, Michigan 964 $ 114,140,000 $ 118,402 $ 105,000
Dallas, Texas 795 $ 169,695,000 $ 213,452 $ 153,000
Macomb, Michigan 668 $ 82,590,000 $ 123,637 $ 77,000
Maricopa, Arizona 545 $ 125,285,000 $ 229,880 $ 166,000
Orange, California 493 $ 162,075,000 $ 328,752 $ 262,000
San Diego, California 490 $ 130,940,000 $ 267,224 $ 213,000
Santa Clara, California 374 $ 178,210,000 $ 476,497 $ 265,000
Collin, Texas 281 $ 60,015,000 $ 213,576 $ 153,000
Alameda, California 263 $ 76,965,000 $ 292,642 $ 228,000
Tarrant, Texas 255 $ 53,065,000 $ 208,098 $ 137,000
Fort Bend, Texas 253 $ 48,285,000 $ 190,849 $ 166,000
San Mateo, California 195 $ 75,585,000 $ 387,615 $ 245,000
Washtenaw, Michigan 188 $ 40,620,000 $ 216,063 $ 141,000
Jackson, Michigan 165 $ 17,685,000 $ 107,181 $ 84,000
Santa Cruz, California 153 $ 42,235,000 $ 276,045 $ 196,000
Contra Costa, California 143 $ 36,955,000 $ 258,426 $ 268,000
Palm Beach, Florida 140 $ 70,340,000 $ 502,428 $ 280,000
Kent, Michigan 130 $ 19,940,000 $ 153,384 $ 110,000
Denton, Texas 122 $ 23,440,000 $ 192,131 $ 174,000
Travis, Texas 119 $ 29,785,000 $ 250,294 $ 242,000
Riverside, California 106 $ 34,340,000 $ 323,962 $ 218,000
San Bernardino, California 106 $ 19,930,000 $ 188,018 $ 118,000
San Francisco, California 98 $ 56,800,000 $ 579,591 $ 359,000
Bexar, Texas 97 $ 14,465,000 $ 149,123 $ 137,000
Monterey, California 92 $ 21,860,000 $ 237,608 $ 179,000
Livingston, Michigan 87 $ 14,465,000 $ 166,264 $ 114,000
Kalamazoo, Michigan 82 $ 11,150,000 $ 135,975 $ 89,000
Muskegon, Michigan 80 $ 7,980,000 $ 99,750 $ 65,000
Calhoun, Michigan 72 $ 5,430,000 $ 75,416 $ 64,000
Ventura, California 71 $ 35,725,000 $ 503,169 $ 313,000
Ottawa, Michigan 69 $ 12,025,000 $ 174,275 $ 103,000
Montgomery, Texas 65 $ 13,405,000 $ 206,230 $ 174,000
Kerr, Texas 59 $ 8,315,000 $ 140,932 $ 80,000
Broward, Florida 46 $ 12,370,000 $ 268,913 $ 111,000
Ingham, Michigan 46 $ 3,870,000 $ 84,130 $ 83,000
Brazoria, Texas 42 $ 7,260,000 $ 172,857 $ 128,000
Marin, California 41 $ 31,225,000 $ 761,585 $ 467,000
Ellis, Texas 37 $ 4,765,000 $ 128,783 $ 93,000
Lenawee, Michigan 36 $ 3,470,000 $ 96,388 $ 80,000
Collier, Florida 35 $ 37,245,000 $ 1,064,142 $ 614,000
Galveston, Texas 35 $ 8,825,000 $ 252,142 $ 206,000
Williamson, Texas 32 $ 5,730,000 $ 179,062 $ 166,000
St. Clair, Michigan 27 $ 5,105,000 $ 189,074 $ 179,000
Genesee, Michigan 24 $ 2,930,000 $ 122,083 $ 81,000
Sacramento, California 19 $ 3,235,000 $ 170,263 $ 168,000
Rockwall, Texas 19 $ 3,515,000 $ 185,000 $ 154,000
Pinal, Arizona 17 $ 1,855,000 $ 109,117 $ 88,000
Santa Barbara, California 17 $ 22,875,000 $ 1,345,588 $ 578,000
Clinton, Michigan 17 $ 1,535,000 $ 90,294 $ 73,000
Lapeer, Michigan 17 $ 3,305,000 $ 194,411 $ 87,000
Waller, Texas 17 $ 2,915,000 $ 171,470 $ 109,000
San Joaquin, California 15 $ 3,455,000 $ 230,333 $ 149,000
Eaton, Michigan 15 $ 1,825,000 $ 121,666 $ 180,000
Solano, California 13 $ 3,635,000 $ 279,615 $ 223,000
Sonoma, California 13 $ 7,655,000 $ 588,846 $ 155,000
Barry, Michigan 13 $ 1,915,000 $ 147,307 $ 83,000
Midland, Michigan 12 $ 1,090,000 $ 90,833 $ 82,000
Lee, Florida 11 $ 1,925,000 $ 175,000 $ 172,000
Monroe, Michigan 10 $ 1,300,000 $ 130,000 $ 127,000
Kaufman, Texas 10 $ 1,010,000 $ 101,000 $ 78,000
Kendall, Texas 10 $ 1,390,000 $ 139,000 $ 80,000
Parker, Texas 10 $ 3,790,000 $ 379,000 $ 258,000
Napa, California 9 $ 4,945,000 $ 549,444 $ 613,000
Miami-Dade, Florida 9 $ 35,585,000 $ 3,953,888 $ 324,000
Allegan, Michigan 9 $ 875,000 $ 97,222 $ 62,000
Yavapai, Arizona 8 $ 1,000,000 $ 125,000 $ 81,000
San Benito, California 8 $ 2,090,000 $ 261,250 $ 154,000
San Luis Obispo, California 8 $ 2,220,000 $ 277,500 $ 225,000
Stanislaus, California 8 $ 1,100,000 $ 137,500 $ 140,000
Hillsdale, Michigan 8 $ 580,000 $ 72,500 $ 74,000
Newaygo, Michigan 8 $ 940,000 $ 117,500 $ 136,000
Comal, Texas 8 $ 2,260,000 $ 282,500 $ 140,000
Hunt, Texas 8 $ 1,170,000 $ 146,250 $ 133,000
El Dorado, California 7 $ 2,075,000 $ 296,428 $ 114,000
Imperial, California 7 $ 1,065,000 $ 152,142 $ 175,000
Kern, California 7 $ 595,000 $ 85,000 $ 121,000
Placer, California 7 $ 1,485,000 $ 212,142 $ 243,000
Grand Traverse, Michigan 7 $ 5,575,000 $ 796,428 $ 679,000
Pima, Arizona 6 $ 660,000 $ 110,000 $ 120,000
Fresno, California 6 $ 1,180,000 $ 196,666 $ 187,000
Emmet, Michigan 6 $ 3,570,000 $ 595,000 $ 370,000
Ionia, Michigan 6 $ 570,000 $ 95,000 $ 106,000
Leelanau, Michigan 6 $ 3,420,000 $ 570,000 $ 763,000
Bandera, Texas 6 $ 830,000 $ 138,333 $ 70,000
Bastrop, Texas 6 $ 1,360,000 $ 226,666 $ 79,000
Johnson, Texas 6 $ 510,000 $ 85,000 $ 81,000
Mohave, Arizona 5 $ 1,205,000 $ 241,000 $ 216,000
Nevada, California 5 $ 2,225,000 $ 445,000 $ 342,000
Brevard, Florida 5 $ 1,745,000 $ 349,000 $ 405,000
Sarasota, Florida 5 $ 3,615,000 $ 723,000 $ 367,000
Antrim, Michigan 5 $ 1,545,000 $ 309,000 $ 318,000
Clare, Michigan 5 $ 535,000 $ 107,000 $ 108,000
Gladwin, Michigan 5 $ 175,000 $ 35,000 $ 81,000
Roscommon, Michigan 5 $ 1,135,000 $ 227,000 $ 148,000
Shiawassee, Michigan 5 $ 345,000 $ 69,000 $ 47,000
Van Buren, Michigan 5 $ 475,000 $ 95,000 $ 105,000
Grayson, Texas 5 $ 325,000 $ 65,000 $ 80,000
Hays, Texas 5 $ 1,925,000 $ 385,000 $ 145,000
Henderson, Texas 5 $ 1,215,000 $ 243,000 $ 165,000
Summit, Utah 5 $ 8,315,000 $ 1,663,000 $ 1,437,000
Calaveras, California 4 $ 1,820,000 $ 455,000 $ 459,000
Monroe, Florida 4 $ 1,020,000 $ 255,000 $ 279,000
Volusia, Florida 4 $ 1,860,000 $ 465,000 $ 168,000
Iosco, Michigan 4 $ 450,000 $ 112,500 $ 164,000
Sanilac, Michigan 4 $ 240,000 $ 60,000 $ 38,000
Washoe, Nevada 4 $ 1,490,000 $ 372,500 $ 385,000
Buncombe, North Carolina 4 $ 4,060,000 $ 1,015,000 $ 1,999,000
Charleston, South Carolina 4 $ 5,300,000 $ 1,325,000 $ 1,538,000
Gillespie, Texas 4 $ 150,000 $ 37,500 $ 75,000
Jefferson, Texas 4 $ 360,000 $ 90,000 $ 61,000
Liberty, Texas 4 $ 380,000 $ 95,000 $ 29,000
San Jacinto, Texas 4 $ 1,530,000 $ 382,500 $ 578,000
Gila, Arizona 3 $ 555,000 $ 185,000 $ 325,000
Inyo, California 3 $ 665,000 $ 221,666 $ 337,000
Madera, California 3 $ 305,000 $ 101,666 $ 1,832,000
Shasta, California 3 $ 315,000 $ 105,000 $ 26,000
Yolo, California 3 $ 2,125,000 $ 708,333 $ 268,000
Denver, Colorado 3 $ 1,015,000 $ 338,333 $ 783,000
Eagle, Colorado 3 $ 6,155,000 $ 2,051,666 $ 4,027,000
Pitkin, Colorado 3 $ 13,765,000 $ 4,588,333 $ 634,000
Hillsborough, Florida 3 $ 455,000 $ 151,666 $ 109,000
St. Lucie, Florida 3 $ 665,000 $ 221,666 $ 209,000
Chatham, Georgia 3 $ 825,000 $ 275,000 $ 298,000
Bay, Michigan 3 $ 185,000 $ 61,666 $ 92,000
Benzie, Michigan 3 $ 375,000 $ 125,000 $ 219,000
Huron, Michigan 3 $ 485,000 $ 161,666 $ 2,167,000
Oceana, Michigan 3 $ 625,000 $ 208,333 $ 136,000
Beaufort, South Carolina 3 $ 905,000 $ 301,666 $ 279,000
Austin, Texas 3 $ 895,000 $ 298,333 $ 243,000
Brazos, Texas 3 $ 955,000 $ 318,333 $ 81,000
El Paso, Texas 3 $ 215,000 $ 71,666 $ 77,000
Grimes, Texas 3 $ 195,000 $ 65,000 $ 58,000
Hood, Texas 3 $ 545,000 $ 181,666 $ 189,000
Cochise, Arizona 2 $ 130,000 $ 65,000 $ 96,000
Yuma, Arizona 2 $ 130,000 $ 65,000 $ 142,000
Amador, California 2 $ 740,000 $ 370,000 $ 293,000
Lake, California 2 $ 270,000 $ 135,000 $ 204,000
Mariposa, California 2 $ 470,000 $ 235,000 $ 125,000
Mendocino, California 2 $ 610,000 $ 305,000 $ 192,000
Merced, California 2 $ 3,100,000 $ 1,550,000 $ 702,000
Mono, California 2 $ 910,000 $ 455,000 $ 171,000
Archuleta, Colorado 2 $ 810,000 $ 405,000 $ 172,000
Ouray, Colorado 2 $ 600,000 $ 300,000 $ 108,000
San Miguel, Colorado 2 $ 3,940,000 $ 1,970,000 $ 1,608,000
Summit, Colorado 2 $ 2,880,000 $ 1,440,000 $ 1,582,000
Duval, Florida 2 $ 640,000 $ 320,000 $ 116,000
Flagler, Florida 2 $ 3,290,000 $ 1,645,000 $ 322,000
Manatee, Florida 2 $ 660,000 $ 330,000 $ 142,000
Orange, Florida 2 $ 780,000 $ 390,000 $ 301,000
Osceola, Florida 2 $ 810,000 $ 405,000 $ 413,000
Orleans, Louisiana 2 $ 6,360,000 $ 3,180,000 $ 1,935,000
Montgomery, Maryland 2 $ 5,120,000 $ 2,560,000 $ 1,384,000
Suffolk, Massachusetts 2 $ 7,510,000 $ 3,755,000 $ 0
Alpena, Michigan 2 $ 180,000 $ 90,000 $ 112,000
Berrien, Michigan 2 $ 2,050,000 $ 1,025,000 $ 1,239,000
Charlevoix, Michigan 2 $ 550,000 $ 275,000 $ 220,000
Cheboygan, Michigan 2 $ 610,000 $ 305,000 $ 70,000
Lake, Michigan 2 $ 140,000 $ 70,000 $ 90,000
Mason, Michigan 2 $ 190,000 $ 95,000 $ 84,000
Ogemaw, Michigan 2 $ 120,000 $ 60,000 $ 15,000
Saginaw, Michigan 2 $ 310,000 $ 155,000 $ 76,000
Wexford, Michigan 2 $ 120,000 $ 60,000 $ 62,000
Powell, Montana 2 $ 2,000,000 $ 1,000,000 $ 0
Clark, Nevada 2 $ 2,670,000 $ 1,335,000 $ 2,880,000
Mecklenburg, North Carolina 2 $ 1,160,000 $ 580,000 $ 178,000
Wake, North Carolina 2 $ 550,000 $ 275,000 $ 570,000
Davidson, Tennessee 2 $ 1,960,000 $ 980,000 $ 1,134,000
Aransas, Texas 2 $ 330,000 $ 165,000 $ 171,000
Erath, Texas 2 $ 240,000 $ 120,000 $ 111,000
Fannin, Texas 2 $ 260,000 $ 130,000 $ 276,000
Gregg, Texas 2 $ 400,000 $ 200,000 $ 167,000
Guadalupe, Texas 2 $ 440,000 $ 220,000 $ 138,000
Llano, Texas 2 $ 480,000 $ 240,000 $ 189,000
McLennan, Texas 2 $ 120,000 $ 60,000 $ 48,000
Real, Texas 2 $ 190,000 $ 95,000 $ 46,000
Walker, Texas 2 $ 90,000 $ 45,000 $ 104,000
Washington, Texas 2 $ 270,000 $ 135,000 $ 45,000
Washington, Utah 2 $ 3,140,000 $ 1,570,000 $ 128,000
King, Washington 2 $ 1,370,000 $ 685,000 $ 267,000
Mobile, Alabama 1 $ 105,000 $ 105,000 $ 240,000
Coconino, Arizona 1 $ 365,000 $ 365,000 $ 89,000
Navajo, Arizona 1 $ 185,000 $ 185,000 $ 43,000
Santa Cruz, Arizona 1 $ 1,125,000 $ 1,125,000 $ 316,000
Butte, California 1 $ 45,000 $ 45,000 $ 65,000
Humboldt, California 1 $ 145,000 $ 145,000 $ 91,000
Arapahoe, Colorado 1 $ 1,245,000 $ 1,245,000 $ 566,000
Chaffee, Colorado 1 $ 145,000 $ 145,000 $ 156,000
Douglas, Colorado 1 $ 185,000 $ 185,000 $ 123,000
Routt, Colorado 1 $ 1,955,000 $ 1,955,000 $ 2,712,000
New Haven, Connecticut 1 $ 1,425,000 $ 1,425,000 $ 713,000
Alachua, Florida 1 $ 105,000 $ 105,000 $ 75,000
Bay, Florida 1 $ 115,000 $ 115,000 $ 33,000
Charlotte, Florida 1 $ 115,000 $ 115,000 $ 63,000
Citrus, Florida 1 $ 155,000 $ 155,000 $ 58,000
DeSoto, Florida 1 $ 45,000 $ 45,000 $ 95,000
Lake, Florida 1 $ 55,000 $ 55,000 $ 39,000
Martin, Florida 1 $ 105,000 $ 105,000 $ 572,000
Nassau, Florida 1 $ 605,000 $ 605,000 $ 334,000
St. Johns, Florida 1 $ 145,000 $ 145,000 $ 51,000
Walton, Florida 1 $ 1,595,000 $ 1,595,000 $ 4,248,000
Forsyth, Georgia 1 $ 515,000 $ 515,000 $ 266,000
Honolulu, Hawaii 1 $ 4,005,000 $ 4,005,000 $ 2,867,000
Kootenai, Idaho 1 $ 1,405,000 $ 1,405,000 $ 362,000
DuPage, Illinois 1 $ 1,765,000 $ 1,765,000 $ 1,610,000
Will, Illinois 1 $ 165,000 $ 165,000 $ 0
Waldo, Maine 1 $ 4,605,000 $ 4,605,000 $ 2,240,000
Charles, Maryland 1 $ 355,000 $ 355,000 $ 167,000
Alcona, Michigan 1 $ 55,000 $ 55,000 $ 228,000
Arenac, Michigan 1 $ 5,000 $ 5,000 $ 55,000
Baraga, Michigan 1 $ 25,000 $ 25,000 $ 28,000
Cass, Michigan 1 $ 175,000 $ 175,000 $ 207,000
Crawford, Michigan 1 $ 115,000 $ 115,000 $ 44,000
Iron, Michigan 1 $ 55,000 $ 55,000 $ 105,000
Keweenaw, Michigan 1 $ 225,000 $ 225,000 $ 0
Mackinac, Michigan 1 $ 395,000 $ 395,000 $ 229,000
Mecosta, Michigan 1 $ 85,000 $ 85,000 $ 53,000
Montmorency, Michigan 1 $ 385,000 $ 385,000 $ 123,000
Ontonagon, Michigan 1 $ 25,000 $ 25,000 $ 12,000
Oscoda, Michigan 1 $ 55,000 $ 55,000 $ 65,000
Otsego, Michigan 1 $ 55,000 $ 55,000 $ 51,000
Presque Isle, Michigan 1 $ 75,000 $ 75,000 $ 112,000
St. Joseph, Michigan 1 $ 1,245,000 $ 1,245,000 $ 705,000
Douglas, Nevada 1 $ 3,355,000 $ 3,355,000 $ 0
Somerset, New Jersey 1 $ 905,000 $ 905,000 $ 696,000
Santa Fe, New Mexico 1 $ 1,445,000 $ 1,445,000 $ 2,245,000
Cabarrus, North Carolina 1 $ 14,255,000 $ 14,255,000 $ 0
Caldwell, North Carolina 1 $ 1,005,000 $ 1,005,000 $ 200,000
Lincoln, North Carolina 1 $ 345,000 $ 345,000 $ 265,000
New Hanover, North Carolina 1 $ 665,000 $ 665,000 $ 94,000
Allen, Ohio 1 $ 155,000 $ 155,000 $ 82,000
Cuyahoga, Ohio 1 $ 2,345,000 $ 2,345,000 $ 0
Geauga, Ohio 1 $ 205,000 $ 205,000 $ 164,000
Paulding, Ohio 1 $ 35,000 $ 35,000 $ 10,000
Oklahoma, Oklahoma 1 $ 455,000 $ 455,000 $ 232,000
Coos, Oregon 1 $ 185,000 $ 185,000 $ 12,000
Washington, Oregon 1 $ 335,000 $ 335,000 $ 115,000
Montgomery, Pennsylvania 1 $ 155,000 $ 155,000 $ 416,000
Williamson, Tennessee 1 $ 875,000 $ 875,000 $ 883,000
Bell, Texas 1 $ 135,000 $ 135,000 $ 108,000
Burnet, Texas 1 $ 95,000 $ 95,000 $ 85,000
Camp, Texas 1 $ 25,000 $ 25,000 $ 33,000
Cass, Texas 1 $ 95,000 $ 95,000 $ 407,000
Colorado, Texas 1 $ 405,000 $ 405,000 $ 110,000
Cooke, Texas 1 $ 525,000 $ 525,000 $ 108,000
Eastland, Texas 1 $ 505,000 $ 505,000 $ 378,000
Edwards, Texas 1 $ 25,000 $ 25,000 $ 87,000
Hidalgo, Texas 1 $ 165,000 $ 165,000 $ 52,000
Hopkins, Texas 1 $ 185,000 $ 185,000 $ 85,000
Jackson, Texas 1 $ 305,000 $ 305,000 $ 177,000
Jasper, Texas 1 $ 155,000 $ 155,000 $ 150,000
Navarro, Texas 1 $ 455,000 $ 455,000 $ 149,000
Palo Pinto, Texas 1 $ 305,000 $ 305,000 $ 122,000
Polk, Texas 1 $ 495,000 $ 495,000 $ 776,000
Smith, Texas 1 $ 115,000 $ 115,000 $ 75,000
Taylor, Texas 1 $ 95,000 $ 95,000 $ 84,000
Tyler, Texas 1 $ 125,000 $ 125,000 $ 73,000
Upshur, Texas 1 $ 195,000 $ 195,000 $ 82,000
Wood, Texas 1 $ 35,000 $ 35,000 $ 26,000
Iron, Utah 1 $ 655,000 $ 655,000 $ 0
Morgan, Utah 1 $ 2,505,000 $ 2,505,000 $ 0
Salt Lake, Utah 1 $ 255,000 $ 255,000 $ 169,000
Windsor, Vermont 1 $ 905,000 $ 905,000 $ 709,000
Greene, Virginia 1 $ 185,000 $ 185,000 $ 112,000
Henrico, Virginia 1 $ 5,000 $ 5,000 $ 0
Richmond City, Virginia 1 $ 995,000 $ 995,000 $ 520,000
Pierce, Washington 1 $ 205,000 $ 205,000 $ 468,000
Snohomish, Washington 1 $ 14,835,000 $ 14,835,000 $ 0
Spokane, Washington 1 $ 505,000 $ 505,000 $ 0
Thurston, Washington 1 $ 505,000 $ 505,000 $ 156,000
Brown, Wisconsin 1 $ 385,000 $ 385,000 $ 0
Jefferson, Wisconsin 1 $ 125,000 $ 125,000 $ 720,000
Teton, Wyoming 1 $ 2,005,000 $ 2,005,000 $ 0

Mortgage Loan Application Detail Totals for Comerica Bank in 2020

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 4,040 $1,128,700,000 $279,000 $26,905,000 $170,000 $7,857,000
Home Improvement 3,807 $622,445,000 $163,000 $14,835,000 $158,000 $4,569,000
Other Purpose 3,281 $731,425,000 $222,000 $19,945,000 $188,000 $7,648,000
Home Purchase 953 $405,725,000 $425,000 $26,005,000 $220,000 $8,262,000
Cash-out Refinancing 568 $470,570,000 $828,000 $42,705,000 $301,000 $5,243,000
Not Applicable 0 $0 $0 $0 $0 $0

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 5,734 $1,243,360,000 $216,000 $15,005,000 $165,000 $6,087,000
Not Provided 3,391 $1,220,585,000 $359,000 $20,005,000 $264,000 $8,262,000
Hispanic 1,094 $160,780,000 $146,000 $1,605,000 $105,000 $3,200,000
Asian 885 $244,835,000 $276,000 $15,605,000 $164,000 $3,182,000
Black or African American 869 $84,825,000 $97,000 $1,345,000 $90,000 $7,648,000
Not applicable 323 $328,195,000 $1,016,000 $42,705,000 $77,000 $633,000
American Indian or Alaskan Native 69 $11,525,000 $167,000 $505,000 $144,000 $1,040,000
Native Hawaiian or Other Pacific Islander 17 $3,265,000 $192,000 $455,000 $130,000 $220,000

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) 12,633 $3,356,935,000 $265,000 $42,705,000 $180,000 $8,262,000
FHA-insured (Federal Housing Administration) 16 $1,930,000 $120,000 $235,000 $51,000 $82,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans 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 5,905 $1,917,355,000 $324,000 $42,705,000 $219,000 $8,262,000
Application Denied By Financial Institution 4,395 $848,575,000 $193,000 $12,005,000 $134,000 $7,648,000
Application Withdrawn By Applicant 1,010 $309,830,000 $306,000 $10,005,000 $210,000 $7,857,000
File Closed For Incompleteness 800 $158,660,000 $198,000 $13,755,000 $161,000 $2,471,000
Application Approved But Not Accepted 287 $67,435,000 $234,000 $6,005,000 $162,000 $1,402,000
Loan Purchased By The Institution 252 $57,010,000 $226,000 $475,000 $77,000 $633,000
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
Not applicable 8,254 $2,510,290,000 $304,000 $42,705,000 $206,000 $8,262,000
Credit History 1,687 $203,455,000 $120,000 $2,825,000 $107,000 $4,569,000
Debt-To-Income Ratio 1,512 $353,060,000 $233,000 $11,005,000 $93,000 $1,127,000
Collateral 847 $192,675,000 $227,000 $12,005,000 $240,000 $7,648,000
Other 230 $54,800,000 $238,000 $2,995,000 $178,000 $1,250,000
Employment History 58 $10,100,000 $174,000 $1,005,000 $91,000 $440,000
Credit Application Incomplete 32 $26,930,000 $841,000 $4,245,000 $342,000 $1,379,000
Unverifiable Information 25 $6,695,000 $267,000 $2,005,000 $133,000 $798,000
Insufficient Cash (Downpayment, Closing Cost) 4 $860,000 $215,000 $485,000 $74,000 $94,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Comerica Bank's 2020 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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