Comerica Bank Mortgage Lending & HMDA Data, 2022

In 2022, Comerica Bank of Farmington Hills, MI reported 14,376 mortgage applications totaling $4.4 billion, up 4% from 2021. The average application was for $306,015, and applicants reported an average income of $193,535. 47% of its applications resulted in an originated loan and 37% were denied. Its largest markets were Warren-Troy-Farmington Hills, MI (2,049), Los Angeles-Long Beach-Glendale, CA (1,541) and Houston-The Woodlands-Sugar Land, TX (1,382) (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 14,376
Total Mortgage Loan Application Amount $4,399,275,000
Average Mortgage Loan Application Amount $306,015
Highest Mortgage Loan Application Amount $63,505,000
Average Applicant Income $193,535
Highest Applicant Income $9,100,000

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Act (HMDA) records Comerica Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2022

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 1,541 $ 697,945,000 $ 452,916 $ 286,000
Oakland, Michigan 1,149 $ 256,965,000 $ 223,642 $ 186,000
Wayne, Michigan 1,122 $ 113,770,000 $ 101,399 $ 100,000
Harris, Texas 1,013 $ 217,765,000 $ 214,970 $ 109,000
Macomb, Michigan 774 $ 89,460,000 $ 115,581 $ 93,000
Maricopa, Arizona 761 $ 157,015,000 $ 206,327 $ 161,000
San Diego, California 683 $ 170,595,000 $ 249,773 $ 240,000
Dallas, Texas 647 $ 187,775,000 $ 290,224 $ 125,000
Orange, California 634 $ 216,740,000 $ 341,861 $ 267,000
Santa Clara, California 467 $ 218,475,000 $ 467,826 $ 283,000
Collin, Texas 322 $ 75,330,000 $ 233,944 $ 182,000
Alameda, California 318 $ 125,765,000 $ 395,487 $ 296,000
Contra Costa, California 245 $ 67,145,000 $ 274,061 $ 245,000
Tarrant, Texas 222 $ 96,500,000 $ 434,684 $ 196,000
San Mateo, California 216 $ 98,940,000 $ 458,055 $ 348,000
Santa Cruz, California 215 $ 50,505,000 $ 234,906 $ 198,000
Fort Bend, Texas 208 $ 43,180,000 $ 207,596 $ 170,000
Riverside, California 201 $ 43,255,000 $ 215,199 $ 229,000
Washtenaw, Michigan 197 $ 60,955,000 $ 309,416 $ 129,000
Travis, Texas 194 $ 62,890,000 $ 324,175 $ 282,000
Jackson, Michigan 164 $ 19,290,000 $ 117,621 $ 85,000
San Bernardino, California 162 $ 26,950,000 $ 166,358 $ 144,000
Denton, Texas 161 $ 30,975,000 $ 192,391 $ 196,000
Palm Beach, Florida 160 $ 57,040,000 $ 356,500 $ 289,000
Kent, Michigan 137 $ 21,475,000 $ 156,751 $ 135,000
Ventura, California 121 $ 31,745,000 $ 262,355 $ 229,000
Muskegon, Michigan 118 $ 17,900,000 $ 151,694 $ 68,000
Kalamazoo, Michigan 109 $ 14,855,000 $ 136,284 $ 82,000
Monterey, California 95 $ 29,055,000 $ 305,842 $ 154,000
Livingston, Michigan 95 $ 16,085,000 $ 169,315 $ 204,000
San Francisco, California 90 $ 42,120,000 $ 468,000 $ 335,000
Bexar, Texas 90 $ 95,770,000 $ 1,064,111 $ 123,000
Williamson, Texas 86 $ 49,030,000 $ 570,116 $ 219,000
Calhoun, Michigan 83 $ 9,565,000 $ 115,240 $ 66,000
Ottawa, Michigan 73 $ 12,675,000 $ 173,630 $ 115,000
Montgomery, Texas 73 $ 16,385,000 $ 224,452 $ 163,000
Ingham, Michigan 63 $ 14,315,000 $ 227,222 $ 74,000
Broward, Florida 52 $ 46,460,000 $ 893,461 $ 208,000
San Joaquin, California 47 $ 8,385,000 $ 178,404 $ 132,000
Santa Barbara, California 47 $ 32,045,000 $ 681,808 $ 342,000
Sacramento, California 43 $ 7,505,000 $ 174,534 $ 173,000
Brazoria, Texas 42 $ 7,290,000 $ 173,571 $ 103,000
Kerr, Texas 40 $ 7,070,000 $ 176,750 $ 115,000
Lenawee, Michigan 39 $ 4,925,000 $ 126,282 $ 123,000
Pinal, Arizona 35 $ 3,625,000 $ 103,571 $ 107,000
Marin, California 35 $ 18,405,000 $ 525,857 $ 313,000
Collier, Florida 33 $ 22,905,000 $ 694,090 $ 366,000
Ellis, Texas 33 $ 4,335,000 $ 131,363 $ 239,000
Genesee, Michigan 31 $ 3,315,000 $ 106,935 $ 238,000
Galveston, Texas 30 $ 5,470,000 $ 182,333 $ 164,000
Miami-Dade, Florida 23 $ 31,315,000 $ 1,361,521 $ 833,000
Solano, California 22 $ 4,850,000 $ 220,454 $ 222,000
Lee, Florida 22 $ 9,320,000 $ 423,636 $ 443,000
Placer, California 21 $ 4,165,000 $ 198,333 $ 190,000
Hays, Texas 21 $ 4,045,000 $ 192,619 $ 113,000
Allegan, Michigan 20 $ 4,600,000 $ 230,000 $ 229,000
Midland, Michigan 20 $ 2,250,000 $ 112,500 $ 94,000
San Benito, California 19 $ 2,175,000 $ 114,473 $ 122,000
St. Clair, Michigan 18 $ 2,320,000 $ 128,888 $ 84,000
St. Lucie, Florida 16 $ 1,940,000 $ 121,250 $ 204,000
Fresno, California 15 $ 2,025,000 $ 135,000 $ 123,000
Yavapai, Arizona 14 $ 3,190,000 $ 227,857 $ 134,000
Napa, California 14 $ 9,540,000 $ 681,428 $ 277,000
Sonoma, California 14 $ 4,120,000 $ 294,285 $ 333,000
Martin, Florida 13 $ 2,975,000 $ 228,846 $ 257,000
Eaton, Michigan 13 $ 1,305,000 $ 100,384 $ 81,000
Hillsdale, Michigan 13 $ 1,765,000 $ 135,769 $ 86,000
Lapeer, Michigan 13 $ 1,715,000 $ 131,923 $ 164,000
Rockwall, Texas 13 $ 1,725,000 $ 132,692 $ 97,000
Stanislaus, California 12 $ 1,600,000 $ 133,333 $ 70,000
Barry, Michigan 12 $ 4,370,000 $ 364,166 $ 198,000
Clinton, Michigan 12 $ 1,300,000 $ 108,333 $ 120,000
Kern, California 10 $ 1,350,000 $ 135,000 $ 622,000
Monroe, Michigan 10 $ 1,180,000 $ 118,000 $ 94,000
Nevada, California 9 $ 3,685,000 $ 409,444 $ 212,000
San Luis Obispo, California 9 $ 2,145,000 $ 238,333 $ 282,000
Sarasota, Florida 9 $ 2,445,000 $ 271,666 $ 231,000
Comal, Texas 9 $ 3,995,000 $ 443,888 $ 147,000
El Dorado, California 8 $ 3,410,000 $ 426,250 $ 923,000
Henderson, Texas 8 $ 3,470,000 $ 433,750 $ 119,000
Hunt, Texas 8 $ 2,050,000 $ 256,250 $ 40,000
Johnson, Texas 8 $ 820,000 $ 102,500 $ 169,000
Kaufman, Texas 8 $ 950,000 $ 118,750 $ 81,000
Waller, Texas 8 $ 1,820,000 $ 227,500 $ 112,000
Merced, California 7 $ 575,000 $ 82,142 $ 97,000
Newaygo, Michigan 7 $ 365,000 $ 52,142 $ 53,000
Van Buren, Michigan 7 $ 465,000 $ 66,428 $ 95,000
Orange, Florida 6 $ 4,470,000 $ 745,000 $ 574,000
Pinellas, Florida 6 $ 2,000,000 $ 333,333 $ 264,000
Benzie, Michigan 6 $ 950,000 $ 158,333 $ 228,000
Emmet, Michigan 6 $ 1,830,000 $ 305,000 $ 472,000
Bandera, Texas 6 $ 1,070,000 $ 178,333 $ 72,000
Pima, Arizona 5 $ 525,000 $ 105,000 $ 213,000
Charlevoix, Michigan 5 $ 2,415,000 $ 483,000 $ 287,000
Clare, Michigan 5 $ 355,000 $ 71,000 $ 108,000
Gladwin, Michigan 5 $ 895,000 $ 179,000 $ 61,000
Leelanau, Michigan 5 $ 4,435,000 $ 887,000 $ 356,000
Shiawassee, Michigan 5 $ 585,000 $ 117,000 $ 67,000
Burnet, Texas 5 $ 1,645,000 $ 329,000 $ 100,000
Guadalupe, Texas 5 $ 515,000 $ 103,000 $ 86,000
Kendall, Texas 5 $ 1,405,000 $ 281,000 $ 95,000
Mono, California 4 $ 1,640,000 $ 410,000 $ 1,010,000
Yolo, California 4 $ 510,000 $ 127,500 $ 89,000
Osceola, Florida 4 $ 700,000 $ 175,000 $ 147,000
Cook, Illinois 4 $ 68,920,000 $ 17,230,000 $ 635,000
Alcona, Michigan 4 $ 360,000 $ 90,000 $ 154,000
Oceana, Michigan 4 $ 1,010,000 $ 252,500 $ 126,000
Otsego, Michigan 4 $ 970,000 $ 242,500 $ 211,000
Sanilac, Michigan 4 $ 220,000 $ 55,000 $ 186,000
Gillespie, Texas 4 $ 520,000 $ 130,000 $ 61,000
Hood, Texas 4 $ 1,630,000 $ 407,500 $ 308,000
Liberty, Texas 4 $ 280,000 $ 70,000 $ 82,000
Lubbock, Texas 4 $ 1,060,000 $ 265,000 $ 201,000
Parker, Texas 4 $ 1,020,000 $ 255,000 $ 205,000
Cochise, Arizona 3 $ 355,000 $ 118,333 $ 46,000
Mohave, Arizona 3 $ 105,000 $ 35,000 $ 42,000
Imperial, California 3 $ 285,000 $ 95,000 $ 144,000
Tuolumne, California 3 $ 395,000 $ 131,666 $ 89,000
Eagle, Colorado 3 $ 25,825,000 $ 8,608,333 $ 1,330,000
Fairfield, Connecticut 3 $ 16,435,000 $ 5,478,333 $ 453,000
Duval, Florida 3 $ 4,225,000 $ 1,408,333 $ 261,000
Polk, Florida 3 $ 325,000 $ 108,333 $ 150,000
Seminole, Florida 3 $ 50,445,000 $ 16,815,000 $ 73,000
Cheboygan, Michigan 3 $ 445,000 $ 148,333 $ 495,000
Mecosta, Michigan 3 $ 505,000 $ 168,333 $ 82,000
Saginaw, Michigan 3 $ 4,945,000 $ 1,648,333 $ 208,000
St. Joseph, Michigan 3 $ 665,000 $ 221,666 $ 76,000
Bastrop, Texas 3 $ 855,000 $ 285,000 $ 122,000
Bell, Texas 3 $ 235,000 $ 78,333 $ 81,000
Brazos, Texas 3 $ 40,285,000 $ 13,428,333 $ 94,000
Grayson, Texas 3 $ 925,000 $ 308,333 $ 127,000
Harrison, Texas 3 $ 555,000 $ 185,000 $ 75,000
Jefferson, Texas 3 $ 365,000 $ 121,666 $ 51,000
McLennan, Texas 3 $ 615,000 $ 205,000 $ 153,000
Randall, Texas 3 $ 495,000 $ 165,000 $ 533,000
Wood, Texas 3 $ 2,035,000 $ 678,333 $ 366,000
Coconino, Arizona 2 $ 2,700,000 $ 1,350,000 $ 105,000
Gila, Arizona 2 $ 170,000 $ 85,000 $ 93,000
Amador, California 2 $ 310,000 $ 155,000 $ 113,000
Lake, California 2 $ 140,000 $ 70,000 $ 70,000
Madera, California 2 $ 1,960,000 $ 980,000 $ 135,000
Sutter, California 2 $ 320,000 $ 160,000 $ 78,000
Gunnison, Colorado 2 $ 6,280,000 $ 3,140,000 $ 0
Hillsborough, Florida 2 $ 20,130,000 $ 10,065,000 $ 393,000
Monroe, Florida 2 $ 2,390,000 $ 1,195,000 $ 369,000
Okaloosa, Florida 2 $ 220,000 $ 110,000 $ 126,000
Bonner, Idaho 2 $ 2,690,000 $ 1,345,000 $ 277,000
Antrim, Michigan 2 $ 100,000 $ 50,000 $ 99,000
Bay, Michigan 2 $ 5,480,000 $ 2,740,000 $ 51,000
Crawford, Michigan 2 $ 360,000 $ 180,000 $ 145,000
Huron, Michigan 2 $ 360,000 $ 180,000 $ 575,000
Ionia, Michigan 2 $ 150,000 $ 75,000 $ 41,000
Isabella, Michigan 2 $ 130,000 $ 65,000 $ 27,000
Kalkaska, Michigan 2 $ 650,000 $ 325,000 $ 1,782,000
Mason, Michigan 2 $ 750,000 $ 375,000 $ 525,000
Montcalm, Michigan 2 $ 100,000 $ 50,000 $ 90,000
Montmorency, Michigan 2 $ 210,000 $ 105,000 $ 156,000
Scott, Minnesota 2 $ 5,790,000 $ 2,895,000 $ 2,525,000
Mecklenburg, North Carolina 2 $ 52,530,000 $ 26,265,000 $ 1,343,000
Tulsa, Oklahoma 2 $ 1,970,000 $ 985,000 $ 342,000
Chester, Pennsylvania 2 $ 1,630,000 $ 815,000 $ 150,000
Williamson, Tennessee 2 $ 2,640,000 $ 1,320,000 $ 501,000
Angelina, Texas 2 $ 420,000 $ 210,000 $ 156,000
Austin, Texas 2 $ 360,000 $ 180,000 $ 12,000
Chambers, Texas 2 $ 160,000 $ 80,000 $ 155,000
Medina, Texas 2 $ 300,000 $ 150,000 $ 149,000
Polk, Texas 2 $ 450,000 $ 225,000 $ 103,000
Tyler, Texas 2 $ 110,000 $ 55,000 $ 45,000
Wichita, Texas 2 $ 80,000 $ 40,000 $ 31,000
Wise, Texas 2 $ 430,000 $ 215,000 $ 345,000
Davis, Utah 2 $ 2,710,000 $ 1,355,000 $ 339,000
Wasatch, Utah 2 $ 8,650,000 $ 4,325,000 $ 2,286,000
Navajo, Arizona 1 $ 105,000 $ 105,000 $ 60,000
Yuma, Arizona 1 $ 95,000 $ 95,000 $ 68,000
Humboldt, California 1 $ 155,000 $ 155,000 $ 137,000
Inyo, California 1 $ 115,000 $ 115,000 $ 272,000
Mendocino, California 1 $ 185,000 $ 185,000 $ 340,000
Modoc, California 1 $ 25,000 $ 25,000 $ 16,000
Plumas, California 1 $ 105,000 $ 105,000 $ 146,000
Shasta, California 1 $ 365,000 $ 365,000 $ 328,000
Siskiyou, California 1 $ 115,000 $ 115,000 $ 67,000
Denver, Colorado 1 $ 455,000 $ 455,000 $ 1,306,000
San Miguel, Colorado 1 $ 4,505,000 $ 4,505,000 $ 2,407,000
Hartford, Connecticut 1 $ 315,000 $ 315,000 $ 219,000
Brevard, Florida 1 $ 105,000 $ 105,000 $ 90,000
Citrus, Florida 1 $ 55,000 $ 55,000 $ 62,000
Escambia, Florida 1 $ 5,000 $ 5,000 $ 0
Highlands, Florida 1 $ 15,000 $ 15,000 $ 0
Manatee, Florida 1 $ 305,000 $ 305,000 $ 0
Marion, Florida 1 $ 105,000 $ 105,000 $ 149,000
Pasco, Florida 1 $ 55,000 $ 55,000 $ 85,000
St. Johns, Florida 1 $ 15,000 $ 15,000 $ 65,000
Sumter, Florida 1 $ 645,000 $ 645,000 $ 177,000
Volusia, Florida 1 $ 125,000 $ 125,000 $ 76,000
Walton, Florida 1 $ 1,945,000 $ 1,945,000 $ 490,000
Douglas, Georgia 1 $ 255,000 $ 255,000 $ 178,000
Fulton, Georgia 1 $ 1,005,000 $ 1,005,000 $ 244,000
Maui, Hawaii 1 $ 775,000 $ 775,000 $ 0
Lake, Illinois 1 $ 28,805,000 $ 28,805,000 $ 0
Hamilton, Indiana 1 $ 11,275,000 $ 11,275,000 $ 0
Lafayette, Louisiana 1 $ 165,000 $ 165,000 $ 54,000
York, Maine 1 $ 1,825,000 $ 1,825,000 $ 767,000
Suffolk, Massachusetts 1 $ 1,395,000 $ 1,395,000 $ 158,000
Alger, Michigan 1 $ 165,000 $ 165,000 $ 143,000
Berrien, Michigan 1 $ 1,005,000 $ 1,005,000 $ 238,000
Cass, Michigan 1 $ 5,000 $ 5,000 $ 12,000
Grand Traverse, Michigan 1 $ 215,000 $ 215,000 $ 39,000
Iron, Michigan 1 $ 95,000 $ 95,000 $ 49,000
Lake, Michigan 1 $ 105,000 $ 105,000 $ 74,000
Manistee, Michigan 1 $ 105,000 $ 105,000 $ 132,000
Oscoda, Michigan 1 $ 75,000 $ 75,000 $ 152,000
Presque Isle, Michigan 1 $ 305,000 $ 305,000 $ 301,000
Schoolcraft, Michigan 1 $ 35,000 $ 35,000 $ 16,000
Tuscola, Michigan 1 $ 55,000 $ 55,000 $ 163,000
Wexford, Michigan 1 $ 125,000 $ 125,000 $ 99,000
Hennepin, Minnesota 1 $ 195,000 $ 195,000 $ 155,000
Jackson, Missouri 1 $ 355,000 $ 355,000 $ 337,000
Lincoln, Montana 1 $ 2,005,000 $ 2,005,000 $ 593,000
Clark, Nevada 1 $ 645,000 $ 645,000 $ 1,742,000
Douglas, Nevada 1 $ 295,000 $ 295,000 $ 63,000
Santa Fe, New Mexico 1 $ 2,005,000 $ 2,005,000 $ 1,151,000
Buncombe, North Carolina 1 $ 5,005,000 $ 5,005,000 $ 373,000
Transylvania, North Carolina 1 $ 255,000 $ 255,000 $ 244,000
Wake, North Carolina 1 $ 355,000 $ 355,000 $ 133,000
Watauga, North Carolina 1 $ 1,805,000 $ 1,805,000 $ 533,000
Cuyahoga, Ohio 1 $ 12,035,000 $ 12,035,000 $ 0
Lucas, Ohio 1 $ 55,000 $ 55,000 $ 24,000
Jackson, Oklahoma 1 $ 95,000 $ 95,000 $ 0
Jackson, Oregon 1 $ 485,000 $ 485,000 $ 97,000
Multnomah, Oregon 1 $ 465,000 $ 465,000 $ 100,000
Horry, South Carolina 1 $ 905,000 $ 905,000 $ 2,086,000
Bradley, Tennessee 1 $ 475,000 $ 475,000 $ 124,000
Atascosa, Texas 1 $ 105,000 $ 105,000 $ 40,000
Blanco, Texas 1 $ 155,000 $ 155,000 $ 190,000
Bowie, Texas 1 $ 505,000 $ 505,000 $ 211,000
Caldwell, Texas 1 $ 75,000 $ 75,000 $ 112,000
Callahan, Texas 1 $ 15,000 $ 15,000 $ 29,000
Cameron, Texas 1 $ 65,000 $ 65,000 $ 100,000
Erath, Texas 1 $ 135,000 $ 135,000 $ 119,000
Fannin, Texas 1 $ 265,000 $ 265,000 $ 196,000
Gregg, Texas 1 $ 205,000 $ 205,000 $ 200,000
Grimes, Texas 1 $ 125,000 $ 125,000 $ 31,000
Hall, Texas 1 $ 175,000 $ 175,000 $ 258,000
Hidalgo, Texas 1 $ 175,000 $ 175,000 $ 27,000
Hill, Texas 1 $ 355,000 $ 355,000 $ 103,000
Hopkins, Texas 1 $ 195,000 $ 195,000 $ 186,000
Leon, Texas 1 $ 195,000 $ 195,000 $ 95,000
Limestone, Texas 1 $ 85,000 $ 85,000 $ 54,000
Llano, Texas 1 $ 155,000 $ 155,000 $ 54,000
Midland, Texas 1 $ 25,000 $ 25,000 $ 91,000
Milam, Texas 1 $ 485,000 $ 485,000 $ 157,000
Morris, Texas 1 $ 105,000 $ 105,000 $ 84,000
Navarro, Texas 1 $ 85,000 $ 85,000 $ 26,000
Potter, Texas 1 $ 55,000 $ 55,000 $ 10,000
Rusk, Texas 1 $ 345,000 $ 345,000 $ 152,000
Smith, Texas 1 $ 115,000 $ 115,000 $ 42,000
Upshur, Texas 1 $ 345,000 $ 345,000 $ 93,000
Van Zandt, Texas 1 $ 95,000 $ 95,000 $ 60,000
Washington, Texas 1 $ 95,000 $ 95,000 $ 107,000
Wilson, Texas 1 $ 435,000 $ 435,000 $ 138,000
Rich, Utah 1 $ 2,085,000 $ 2,085,000 $ 1,920,000
Arlington, Virginia 1 $ 485,000 $ 485,000 $ 110,000
King, Washington 1 $ 605,000 $ 605,000 $ 273,000
Pierce, Washington 1 $ 505,000 $ 505,000 $ 240,000
Snohomish, Washington 1 $ 20,805,000 $ 20,805,000 $ 0
Milwaukee, Wisconsin 1 $ 20,805,000 $ 20,805,000 $ 0

Mortgage Loan Application Detail Totals for Comerica Bank in 2022

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
Home Improvement 5,945 $1,067,405,000 $179,000 $2,705,000 $187,000 $8,320,000
Other Purpose 3,951 $871,445,000 $220,000 $9,005,000 $192,000 $9,100,000
Refinancing 3,165 $1,351,225,000 $426,000 $54,205,000 $194,000 $7,313,000
Home Purchase 894 $922,245,000 $1,032,000 $63,505,000 $273,000 $8,463,000
Cash-out Refinancing 421 $186,955,000 $444,000 $20,005,000 $128,000 $2,049,000
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 6,319 $1,370,385,000 $216,000 $20,005,000 $187,000 $9,100,000
Not Provided 3,793 $1,132,595,000 $298,000 $18,005,000 $253,000 $8,463,000
Hispanic 1,342 $211,880,000 $157,000 $2,105,000 $126,000 $3,328,000
Black or African American 981 $96,275,000 $98,000 $995,000 $97,000 $4,616,000
Asian 625 $185,025,000 $296,000 $5,255,000 $247,000 $8,320,000
Not applicable 377 $1,165,220,000 $3,098,000 $63,505,000 $87,000 $1,153,000
American Indian or Alaskan Native 176 $29,860,000 $169,000 $905,000 $145,000 $1,662,000
Native Hawaiian or Other Pacific Islander 17 $2,185,000 $128,000 $585,000 $98,000 $281,000

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) 14,354 $4,395,755,000 $306,000 $63,505,000 $193,000 $9,100,000
FHA-insured (Federal Housing Administration) 22 $3,520,000 $160,000 $345,000 $60,000 $108,000
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 6,754 $2,689,375,000 $398,000 $63,505,000 $210,000 $8,462,000
Application Denied By Financial Institution 5,327 $1,077,845,000 $202,000 $7,505,000 $154,000 $9,100,000
Application Withdrawn By Applicant 968 $310,290,000 $320,000 $20,005,000 $249,000 $7,033,000
File Closed For Incompleteness 709 $169,835,000 $239,000 $2,985,000 $287,000 $8,064,000
Application Approved But Not Accepted 349 $64,625,000 $185,000 $3,255,000 $166,000 $1,376,000
Loan Purchased By The Institution 255 $56,175,000 $220,000 $645,000 $87,000 $1,153,000
Preapproval Approved but not Accepted 9 $26,955,000 $2,995,000 $8,405,000 $1,996,000 $8,463,000
Preapproval Denied by Financial Institution 5 $4,175,000 $835,000 $1,805,000 $347,000 $958,000

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 9,044 $3,317,255,000 $366,000 $63,505,000 $217,000 $8,463,000
Debt-To-Income Ratio 3,199 $697,165,000 $217,000 $5,185,000 $98,000 $2,756,000
Credit History 1,174 $129,240,000 $110,000 $3,005,000 $149,000 $5,220,000
Collateral 568 $183,780,000 $323,000 $7,505,000 $436,000 $8,320,000
Other 274 $49,160,000 $179,000 $1,805,000 $266,000 $9,100,000
Credit Application Incomplete 81 $16,785,000 $207,000 $1,005,000 $46,000 $1,030,000
Insufficient Cash (Downpayment, Closing Cost) 28 $4,480,000 $160,000 $445,000 $187,000 $468,000
Employment History 7 $905,000 $129,000 $355,000 $47,000 $240,000
Unverifiable Information 1 $505,000 $505,000 $505,000 $338,000 $338,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Comerica Bank's 2022 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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