Comerica Bank Mortgage Lending & HMDA Data, 2024

In 2024, Comerica Bank of Farmington Hills, MI reported 8,841 mortgage applications totaling $2.2 billion, down 12% from 2023. The average application was for $250,517, and applicants reported an average income of $202,017. 36% of its applications resulted in an originated loan and 43% were denied. Its largest markets were Warren-Troy-Farmington Hills, MI (1,406), Houston-The Woodlands-Sugar Land, TX (1,206) and Detroit-Dearborn-Livonia, MI (930) (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 8,841
Total Mortgage Loan Application Amount $2,214,825,000
Average Mortgage Loan Application Amount $250,517
Highest Mortgage Loan Application Amount $40,705,000
Average Applicant Income $202,017
Highest Applicant Income $8,277,000

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Act (HMDA) records Comerica Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2024

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Wayne, Michigan 930 $ 100,050,000 $ 107,580 $ 103,000
Harris, Texas 866 $ 151,500,000 $ 174,942 $ 137,000
Los Angeles, California 766 $ 294,060,000 $ 383,890 $ 332,000
Oakland, Michigan 764 $ 147,320,000 $ 192,827 $ 193,000
Macomb, Michigan 560 $ 69,040,000 $ 123,285 $ 109,000
Dallas, Texas 468 $ 109,360,000 $ 233,675 $ 170,000
Maricopa, Arizona 327 $ 71,715,000 $ 219,311 $ 150,000
San Diego, California 291 $ 90,355,000 $ 310,498 $ 300,000
Orange, California 276 $ 116,830,000 $ 423,297 $ 341,000
Santa Clara, California 246 $ 109,250,000 $ 444,105 $ 355,000
Collin, Texas 216 $ 53,880,000 $ 249,444 $ 305,000
Fort Bend, Texas 191 $ 37,345,000 $ 195,523 $ 145,000
Tarrant, Texas 176 $ 50,250,000 $ 285,511 $ 150,000
Washtenaw, Michigan 142 $ 26,160,000 $ 184,225 $ 173,000
Jackson, Michigan 136 $ 15,120,000 $ 111,176 $ 92,000
Denton, Texas 112 $ 27,630,000 $ 246,696 $ 305,000
Alameda, California 111 $ 35,485,000 $ 319,684 $ 322,000
San Bernardino, California 109 $ 24,955,000 $ 228,944 $ 224,000
Kent, Michigan 107 $ 14,835,000 $ 138,644 $ 84,000
Riverside, California 102 $ 22,470,000 $ 220,294 $ 210,000
Contra Costa, California 97 $ 31,605,000 $ 325,824 $ 265,000
Travis, Texas 94 $ 19,770,000 $ 210,319 $ 252,000
Palm Beach, Florida 90 $ 25,550,000 $ 283,888 $ 285,000
San Mateo, California 89 $ 95,735,000 $ 1,075,674 $ 345,000
Muskegon, Michigan 83 $ 8,065,000 $ 97,168 $ 85,000
Santa Cruz, California 77 $ 15,645,000 $ 203,181 $ 168,000
Monterey, California 70 $ 16,470,000 $ 235,285 $ 171,000
Montgomery, Texas 68 $ 16,700,000 $ 245,588 $ 150,000
Kalamazoo, Michigan 67 $ 9,385,000 $ 140,074 $ 89,000
Livingston, Michigan 57 $ 10,385,000 $ 182,192 $ 165,000
Ingham, Michigan 53 $ 5,015,000 $ 94,622 $ 73,000
Bexar, Texas 51 $ 7,365,000 $ 144,411 $ 114,000
Calhoun, Michigan 48 $ 4,720,000 $ 98,333 $ 91,000
San Francisco, California 47 $ 36,305,000 $ 772,446 $ 439,000
Broward, Florida 46 $ 14,670,000 $ 318,913 $ 293,000
Ellis, Texas 44 $ 7,590,000 $ 172,500 $ 255,000
Brazoria, Texas 39 $ 7,035,000 $ 180,384 $ 117,000
Ventura, California 38 $ 11,790,000 $ 310,263 $ 254,000
Kerr, Texas 35 $ 4,215,000 $ 120,428 $ 106,000
Williamson, Texas 29 $ 4,685,000 $ 161,551 $ 158,000
Ottawa, Michigan 28 $ 3,580,000 $ 127,857 $ 116,000
Lenawee, Michigan 27 $ 3,755,000 $ 139,074 $ 73,000
Eaton, Michigan 24 $ 3,130,000 $ 130,416 $ 70,000
Galveston, Texas 24 $ 6,080,000 $ 253,333 $ 170,000
Santa Barbara, California 23 $ 9,615,000 $ 418,043 $ 432,000
Collier, Florida 19 $ 14,875,000 $ 782,894 $ 237,000
Genesee, Michigan 18 $ 1,580,000 $ 87,777 $ 70,000
Clinton, Michigan 17 $ 2,825,000 $ 166,176 $ 110,000
Kaufman, Texas 16 $ 2,450,000 $ 153,125 $ 104,000
Sonoma, California 13 $ 7,895,000 $ 607,307 $ 415,000
St. Clair, Michigan 13 $ 1,965,000 $ 151,153 $ 315,000
Lapeer, Michigan 12 $ 1,540,000 $ 128,333 $ 123,000
Sacramento, California 11 $ 2,415,000 $ 219,545 $ 201,000
Midland, Michigan 11 $ 975,000 $ 88,636 $ 94,000
Pinal, Arizona 10 $ 1,260,000 $ 126,000 $ 117,000
El Dorado, California 10 $ 2,450,000 $ 245,000 $ 198,000
Marin, California 10 $ 8,020,000 $ 802,000 $ 805,000
San Joaquin, California 10 $ 1,770,000 $ 177,000 $ 160,000
Grayson, Texas 10 $ 1,870,000 $ 187,000 $ 176,000
Kern, California 9 $ 2,525,000 $ 280,555 $ 212,000
Solano, California 9 $ 1,745,000 $ 193,888 $ 301,000
Hays, Texas 9 $ 2,205,000 $ 245,000 $ 415,000
Parker, Texas 9 $ 5,055,000 $ 561,666 $ 163,000
Waller, Texas 9 $ 6,095,000 $ 677,222 $ 165,000
Placer, California 8 $ 2,670,000 $ 333,750 $ 508,000
Lee, Florida 7 $ 1,955,000 $ 279,285 $ 498,000
Miami-Dade, Florida 7 $ 2,235,000 $ 319,285 $ 1,258,000
St. Lucie, Florida 7 $ 755,000 $ 107,857 $ 109,000
Emmet, Michigan 7 $ 3,575,000 $ 510,714 $ 812,000
Fresno, California 6 $ 990,000 $ 165,000 $ 324,000
Hillsborough, Florida 6 $ 750,000 $ 125,000 $ 99,000
Allegan, Michigan 6 $ 1,200,000 $ 200,000 $ 121,000
Gladwin, Michigan 6 $ 860,000 $ 143,333 $ 63,000
Grand Traverse, Michigan 6 $ 1,370,000 $ 228,333 $ 207,000
Hillsdale, Michigan 6 $ 510,000 $ 85,000 $ 75,000
Van Buren, Michigan 6 $ 590,000 $ 98,333 $ 76,000
Hunt, Texas 6 $ 1,390,000 $ 231,666 $ 138,000
San Luis Obispo, California 5 $ 815,000 $ 163,000 $ 284,000
Stanislaus, California 5 $ 1,065,000 $ 213,000 $ 80,000
Antrim, Michigan 5 $ 2,705,000 $ 541,000 $ 854,000
Iosco, Michigan 5 $ 945,000 $ 189,000 $ 103,000
Monroe, Michigan 5 $ 805,000 $ 161,000 $ 171,000
Gillespie, Texas 5 $ 855,000 $ 171,000 $ 122,000
Johnson, Texas 5 $ 825,000 $ 165,000 $ 260,000
Rockwall, Texas 5 $ 2,715,000 $ 543,000 $ 108,000
Mohave, Arizona 4 $ 1,590,000 $ 397,500 $ 1,119,000
Pima, Arizona 4 $ 770,000 $ 192,500 $ 375,000
Yavapai, Arizona 4 $ 470,000 $ 117,500 $ 142,000
Napa, California 4 $ 11,730,000 $ 2,932,500 $ 188,000
Nevada, California 4 $ 1,730,000 $ 432,500 $ 478,000
Yolo, California 4 $ 1,260,000 $ 315,000 $ 137,000
Charlotte, Florida 4 $ 1,370,000 $ 342,500 $ 216,000
Barry, Michigan 4 $ 520,000 $ 130,000 $ 91,000
Charlevoix, Michigan 4 $ 1,780,000 $ 445,000 $ 374,000
Mecosta, Michigan 4 $ 410,000 $ 102,500 $ 89,000
Newaygo, Michigan 4 $ 440,000 $ 110,000 $ 96,000
Bastrop, Texas 4 $ 760,000 $ 190,000 $ 80,000
Comal, Texas 4 $ 1,170,000 $ 292,500 $ 174,000
Grimes, Texas 4 $ 1,480,000 $ 370,000 $ 811,000
Hopkins, Texas 4 $ 1,180,000 $ 295,000 $ 82,000
San Jacinto, Texas 4 $ 540,000 $ 135,000 $ 72,000
Gila, Arizona 3 $ 185,000 $ 61,666 $ 67,000
San Benito, California 3 $ 475,000 $ 158,333 $ 152,000
Brevard, Florida 3 $ 885,000 $ 295,000 $ 209,000
Martin, Florida 3 $ 515,000 $ 171,666 $ 197,000
Sarasota, Florida 3 $ 415,000 $ 138,333 $ 364,000
Walton, Florida 3 $ 8,015,000 $ 2,671,666 $ 1,180,000
Bay, Michigan 3 $ 205,000 $ 68,333 $ 72,000
Huron, Michigan 3 $ 745,000 $ 248,333 $ 314,000
Oceana, Michigan 3 $ 345,000 $ 115,000 $ 77,000
Otsego, Michigan 3 $ 425,000 $ 141,666 $ 137,000
Roscommon, Michigan 3 $ 805,000 $ 268,333 $ 484,000
Shiawassee, Michigan 3 $ 415,000 $ 138,333 $ 103,000
Austin, Texas 3 $ 1,435,000 $ 478,333 $ 181,000
El Paso, Texas 3 $ 125,000 $ 41,666 $ 173,000
Fannin, Texas 3 $ 555,000 $ 185,000 $ 146,000
Hood, Texas 3 $ 185,000 $ 61,666 $ 130,000
McLennan, Texas 3 $ 725,000 $ 241,666 $ 194,000
Smith, Texas 3 $ 815,000 $ 271,666 $ 179,000
Van Zandt, Texas 3 $ 315,000 $ 105,000 $ 136,000
Wichita, Texas 3 $ 205,000 $ 68,333 $ 33,000
Butte, California 2 $ 1,690,000 $ 845,000 $ 187,000
Tulare, California 2 $ 150,000 $ 75,000 $ 80,000
Tuolumne, California 2 $ 180,000 $ 90,000 $ 340,000
Citrus, Florida 2 $ 570,000 $ 285,000 $ 287,000
Manatee, Florida 2 $ 550,000 $ 275,000 $ 179,000
Marion, Florida 2 $ 280,000 $ 140,000 $ 135,000
Pinellas, Florida 2 $ 420,000 $ 210,000 $ 85,000
Maui, Hawaii 2 $ 13,160,000 $ 6,580,000 $ 0
Alcona, Michigan 2 $ 710,000 $ 355,000 $ 625,000
Chippewa, Michigan 2 $ 230,000 $ 115,000 $ 50,000
Isabella, Michigan 2 $ 190,000 $ 95,000 $ 109,000
Presque Isle, Michigan 2 $ 280,000 $ 140,000 $ 172,000
Sanilac, Michigan 2 $ 210,000 $ 105,000 $ 174,000
Bernalillo, New Mexico 2 $ 370,000 $ 185,000 $ 53,000
Oklahoma, Oklahoma 2 $ 500,000 $ 250,000 $ 80,000
Washington, Oregon 2 $ 1,160,000 $ 580,000 $ 1,745,000
Bell, Texas 2 $ 910,000 $ 455,000 $ 180,000
Guadalupe, Texas 2 $ 190,000 $ 95,000 $ 28,000
Hidalgo, Texas 2 $ 420,000 $ 210,000 $ 88,000
Liberty, Texas 2 $ 200,000 $ 100,000 $ 67,000
Midland, Texas 2 $ 120,000 $ 60,000 $ 71,000
Yuma, Arizona 1 $ 25,000 $ 25,000 $ 12,000
Alpine, California 1 $ 305,000 $ 305,000 $ 1,709,000
Humboldt, California 1 $ 505,000 $ 505,000 $ 199,000
Imperial, California 1 $ 55,000 $ 55,000 $ 97,000
Madera, California 1 $ 45,000 $ 45,000 $ 92,000
Mariposa, California 1 $ 105,000 $ 105,000 $ 323,000
Merced, California 1 $ 35,000 $ 35,000 $ 104,000
Shasta, California 1 $ 205,000 $ 205,000 $ 1,080,000
Sutter, California 1 $ 25,000 $ 25,000 $ 29,000
Yuba, California 1 $ 105,000 $ 105,000 $ 81,000
Northwest Hills Planning Region, Connecticut 1 $ 1,235,000 $ 1,235,000 $ 437,000
Western Connecticut Planning Region, Connecticut 1 $ 1,355,000 $ 1,355,000 $ 678,000
Duval, Florida 1 $ 95,000 $ 95,000 $ 19,000
Hernando, Florida 1 $ 75,000 $ 75,000 $ 120,000
Monroe, Florida 1 $ 265,000 $ 265,000 $ 85,000
Orange, Florida 1 $ 40,705,000 $ 40,705,000 $ 400,000
Osceola, Florida 1 $ 215,000 $ 215,000 $ 111,000
St. Johns, Florida 1 $ 475,000 $ 475,000 $ 314,000
Cobb, Georgia 1 $ 325,000 $ 325,000 $ 282,000
Bonner, Idaho 1 $ 2,725,000 $ 2,725,000 $ 0
Cook, Illinois 1 $ 285,000 $ 285,000 $ 1,465,000
LaPorte, Indiana 1 $ 555,000 $ 555,000 $ 280,000
Johnson, Iowa 1 $ 185,000 $ 185,000 $ 46,000
Jessamine, Kentucky 1 $ 195,000 $ 195,000 $ 72,000
Branch, Michigan 1 $ 5,000 $ 5,000 $ 42,000
Crawford, Michigan 1 $ 355,000 $ 355,000 $ 800,000
Dickinson, Michigan 1 $ 15,000 $ 15,000 $ 0
Ionia, Michigan 1 $ 35,000 $ 35,000 $ 42,000
Manistee, Michigan 1 $ 255,000 $ 255,000 $ 200,000
Ogemaw, Michigan 1 $ 105,000 $ 105,000 $ 182,000
Osceola, Michigan 1 $ 75,000 $ 75,000 $ 86,000
Oscoda, Michigan 1 $ 135,000 $ 135,000 $ 109,000
Tuscola, Michigan 1 $ 65,000 $ 65,000 $ 200,000
Clark, Nevada 1 $ 2,105,000 $ 2,105,000 $ 0
Mercer, New Jersey 1 $ 845,000 $ 845,000 $ 428,000
Chaves, New Mexico 1 $ 185,000 $ 185,000 $ 38,000
Dona Ana, New Mexico 1 $ 215,000 $ 215,000 $ 68,000
Mecklenburg, North Carolina 1 $ 9,005,000 $ 9,005,000 $ 0
Greene, Ohio 1 $ 245,000 $ 245,000 $ 0
Jackson, Oregon 1 $ 1,435,000 $ 1,435,000 $ 0
Yamhill, Oregon 1 $ 1,155,000 $ 1,155,000 $ 1,753,000
Beaufort, South Carolina 1 $ 1,805,000 $ 1,805,000 $ 1,235,000
Anderson, Texas 1 $ 35,000 $ 35,000 $ 182,000
Bosque, Texas 1 $ 255,000 $ 255,000 $ 225,000
Brazos, Texas 1 $ 125,000 $ 125,000 $ 165,000
Erath, Texas 1 $ 165,000 $ 165,000 $ 112,000
Franklin, Texas 1 $ 25,000 $ 25,000 $ 14,000
Gonzales, Texas 1 $ 45,000 $ 45,000 $ 63,000
Henderson, Texas 1 $ 155,000 $ 155,000 $ 68,000
Kendall, Texas 1 $ 55,000 $ 55,000 $ 152,000
Limestone, Texas 1 $ 225,000 $ 225,000 $ 111,000
Llano, Texas 1 $ 2,605,000 $ 2,605,000 $ 411,000
Matagorda, Texas 1 $ 105,000 $ 105,000 $ 90,000
Medina, Texas 1 $ 105,000 $ 105,000 $ 41,000
Navarro, Texas 1 $ 405,000 $ 405,000 $ 136,000
Nueces, Texas 1 $ 65,000 $ 65,000 $ 400,000
Palo Pinto, Texas 1 $ 885,000 $ 885,000 $ 432,000
Polk, Texas 1 $ 125,000 $ 125,000 $ 228,000
Randall, Texas 1 $ 3,255,000 $ 3,255,000 $ 0
Real, Texas 1 $ 35,000 $ 35,000 $ 31,000
Shelby, Texas 1 $ 115,000 $ 115,000 $ 207,000
Somervell, Texas 1 $ 25,000 $ 25,000 $ 104,000
Tyler, Texas 1 $ 345,000 $ 345,000 $ 281,000
Webb, Texas 1 $ 155,000 $ 155,000 $ 79,000
Wise, Texas 1 $ 105,000 $ 105,000 $ 160,000
Utah, Utah 1 $ 2,245,000 $ 2,245,000 $ 702,000
Wasatch, Utah 1 $ 1,805,000 $ 1,805,000 $ 3,080,000
Washington, Utah 1 $ 585,000 $ 585,000 $ 850,000
Weber, Utah 1 $ 1,005,000 $ 1,005,000 $ 317,000
Kenosha, Wisconsin 1 $ 145,000 $ 145,000 $ 176,000

Mortgage Loan Application Detail Totals for Comerica Bank in 2024

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 3,010 $516,350,000 $171,000 $40,705,000 $189,000 $8,277,000
Refinancing 2,580 $791,390,000 $306,000 $18,505,000 $218,000 $6,930,000
Other Purpose 2,355 $448,355,000 $190,000 $9,005,000 $184,000 $7,800,000
Home Purchase 604 $343,790,000 $569,000 $19,105,000 $309,000 $7,118,000
Cash-out Refinancing 292 $114,940,000 $393,000 $10,855,000 $119,000 $3,317,000
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 3,755 $897,165,000 $238,000 $10,005,000 $219,000 $7,118,000
Not Provided 1,647 $437,995,000 $265,000 $8,805,000 $259,000 $8,277,000
Hispanic 1,606 $332,750,000 $207,000 $40,705,000 $150,000 $3,635,000
Black or African American 771 $84,305,000 $109,000 $1,605,000 $95,000 $4,075,000
Asian 696 $228,520,000 $328,000 $9,005,000 $256,000 $7,800,000
Not applicable 277 $219,145,000 $791,000 $19,105,000 $105,000 $904,000
American Indian or Alaskan Native 63 $10,315,000 $163,000 $955,000 $144,000 $1,080,000
Native Hawaiian or Other Pacific Islander 26 $4,630,000 $178,000 $505,000 $139,000 $500,000

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) 8,805 $2,208,445,000 $250,000 $40,705,000 $202,000 $8,277,000
FHA-insured (Federal Housing Administration) 35 $6,185,000 $176,000 $505,000 $68,000 $168,000
VA-guaranteed (Veterans Administration) 1 $195,000 $195,000 $195,000 $106,000 $106,000
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
Application Denied By Financial Institution 3,799 $842,235,000 $221,000 $40,705,000 $153,000 $8,100,000
Loan Originated 3,218 $852,410,000 $264,000 $19,065,000 $230,000 $7,118,000
Application Withdrawn By Applicant 668 $242,030,000 $362,000 $19,105,000 $314,000 $8,277,000
File Closed For Incompleteness 654 $139,430,000 $213,000 $5,005,000 $276,000 $6,391,000
Application Approved But Not Accepted 245 $55,645,000 $227,000 $8,805,000 $177,000 $1,672,000
Loan Purchased By The Institution 245 $64,635,000 $263,000 $745,000 $105,000 $904,000
Preapproval Approved but not Accepted 10 $16,350,000 $1,635,000 $3,755,000 $551,000 $1,336,000
Preapproval Denied by Financial Institution 2 $2,090,000 $1,045,000 $1,835,000 $85,000 $85,000

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 5,040 $1,370,500,000 $271,000 $19,105,000 $239,000 $8,277,000
Debt-To-Income Ratio 2,334 $570,880,000 $244,000 $8,005,000 $107,000 $4,095,000
Credit History 825 $134,545,000 $163,000 $40,705,000 $151,000 $6,930,000
Other 290 $53,020,000 $182,000 $895,000 $250,000 $4,814,000
Collateral 266 $65,710,000 $247,000 $2,005,000 $408,000 $8,100,000
Credit Application Incomplete 44 $13,660,000 $310,000 $2,505,000 $260,000 $3,020,000
Insufficient Cash (Downpayment, Closing Cost) 34 $4,550,000 $133,000 $505,000 $283,000 $2,000,000
Unverifiable Information 6 $1,560,000 $260,000 $595,000 $118,000 $308,000
Employment History 2 $400,000 $200,000 $355,000 $31,000 $63,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Comerica Bank's 2024 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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