Comerica Bank Mortgage Lending & HMDA Data, 2011

In 2011, Comerica Bank of Farmington Hills, MI reported 3,492 mortgage applications totaling $954.3 million. The average application was for $273,288, and applicants reported an average income of $163,520. 41% of its applications resulted in an originated loan and 31% were denied. Its largest markets were Warren-Troy-Farmington Hills, MI (921), Detroit-Livonia-Dearborn, MI (421) and Dallas-Plano-Irving, TX (372) (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 3,492
Total Mortgage Loan Application Amount $954,322,000
Average Mortgage Loan Application Amount $273,288
Highest Mortgage Loan Application Amount $15,864,000
Average Applicant Income $163,520
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Act (HMDA) records Comerica Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Metropolitan Area in 2011

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Warren-Troy-Farmington Hills, MI 921 $ 144,666,000 $ 157,074 $ 102,000
Detroit-Livonia-Dearborn, MI 421 $ 43,136,000 $ 102,460 $ 83,000
Dallas-Plano-Irving, TX 372 $ 89,123,000 $ 239,577 $ 163,000
Houston-Sugar Land-Baytown, TX 321 $ 52,325,000 $ 163,006 $ 132,000
Grand Rapids-Wyoming, MI 120 $ 14,735,000 $ 122,791 $ 82,000
Ann Arbor, MI 102 $ 17,416,000 $ 170,745 $ 109,000
Jackson, MI 95 $ 9,799,000 $ 103,147 $ 76,000
Los Angeles-Long Beach-Glendale, CA 90 $ 144,479,000 $ 1,605,322 $ 571,000
Austin-Round Rock-San Marcos, TX 73 $ 27,152,000 $ 371,945 $ 208,000
Fort Worth-Arlington, TX 53 $ 8,434,000 $ 159,132 $ 100,000
Muskegon-Norton Shores, MI 53 $ 4,762,000 $ 89,849 $ 87,000
Lansing-East Lansing, MI 52 $ 5,383,000 $ 103,519 $ 76,000
West Palm Beach-Boca Raton-Boynton Beach, FL 52 $ 26,498,000 $ 509,576 $ 313,000
San Francisco-San Mateo-Redwood City, CA 48 $ 60,995,000 $ 1,270,729 $ 370,000
Battle Creek, MI 44 $ 4,047,000 $ 91,977 $ 141,000
Kalamazoo-Portage, MI 44 $ 6,006,000 $ 136,500 $ 102,000
San Jose-Sunnyvale-Santa Clara, CA 42 $ 29,813,000 $ 709,833 $ 378,000
San Diego-Carlsbad-San Marcos, CA 41 $ 44,168,000 $ 1,077,268 $ 667,000
Phoenix-Mesa-Glendale, AZ 37 $ 16,442,000 $ 444,378 $ 146,000
Holland-Grand Haven, MI 35 $ 4,946,000 $ 141,314 $ 119,000
Oakland-Fremont-Hayward, CA 35 $ 22,607,000 $ 645,914 $ 277,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 25 $ 6,424,000 $ 256,960 $ 114,000
Salinas, CA 24 $ 12,564,000 $ 523,500 $ 326,000
Santa Ana-Anaheim-Irvine, CA 21 $ 12,600,000 $ 600,000 $ 167,000
Santa Cruz-Watsonville, CA 18 $ 6,924,000 $ 384,666 $ 190,000
Naples-Marco Island, FL 14 $ 8,926,000 $ 637,571 $ 265,000
San Antonio-New Braunfels, TX 14 $ 2,380,000 $ 170,000 $ 121,000
Monroe, MI 12 $ 1,362,000 $ 113,500 $ 67,000
Riverside-San Bernardino-Ontario, CA 12 $ 5,835,000 $ 486,250 $ 313,000
Oxnard-Thousand Oaks-Ventura, CA 9 $ 7,491,000 $ 832,333 $ 393,000
Cape Coral-Fort Myers, FL 7 $ 4,889,000 $ 698,428 $ 225,000
Flint, MI 7 $ 507,000 $ 72,428 $ 81,000
Miami-Miami Beach-Kendall, FL 6 $ 3,339,000 $ 556,500 $ 632,000
Tampa-St. Petersburg-Clearwater, FL 6 $ 12,027,000 $ 2,004,500 $ 338,000
North Port-Bradenton-Sarasota, FL 5 $ 1,143,000 $ 228,600 $ 150,000
Port St. Lucie, FL 4 $ 3,461,000 $ 865,250 $ 1,345,000
Sacramento--Arden-Arcade--Roseville, CA 4 $ 1,194,000 $ 298,500 $ 285,000
Santa Rosa-Petaluma, CA 4 $ 7,361,000 $ 1,840,250 $ 892,000
Palm Bay-Melbourne-Titusville, FL 3 $ 221,000 $ 73,666 $ 146,000
Punta Gorda, FL 3 $ 373,000 $ 124,333 $ 150,000
Saginaw-Saginaw Township North, MI 3 $ 421,000 $ 140,333 $ 199,000
Bethesda-Rockville-Frederick, MD 2 $ 1,424,000 $ 712,000 $ 295,000
Chicago-Joliet-Naperville, IL 2 $ 617,000 $ 308,500 $ 309,000
Durham-Chapel Hill, NC 2 $ 1,521,000 $ 760,500 $ 149,000
Indianapolis-Carmel, IN 2 $ 174,000 $ 87,000 $ 110,000
New Orleans-Metairie-Kenner, LA 2 $ 4,086,000 $ 2,043,000 $ 1,102,000
Orlando-Kissimmee-Sanford, FL 2 $ 378,000 $ 189,000 $ 69,000
Provo-Orem, UT 2 $ 1,600,000 $ 800,000 $ 2,126,000
Santa Fe, NM 2 $ 1,316,000 $ 658,000 $ 339,000
Toledo, OH 2 $ 312,000 $ 156,000 $ 165,000
Tucson, AZ 2 $ 255,000 $ 127,500 $ 36,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 2 $ 2,660,000 $ 1,330,000 $ 502,000
Atlanta-Sandy Springs-Marietta, GA 1 $ 328,000 $ 328,000 $ 194,000
Bakersfield-Delano, CA 1 $ 100,000 $ 100,000 $ 239,000
Baton Rouge, LA 1 $ 142,000 $ 142,000 $ 84,000
Bay City, MI 1 $ 9,000 $ 9,000 $ 52,000
Boston-Quincy, MA 1 $ 344,000 $ 344,000 $ 467,000
Bremerton-Silverdale, WA 1 $ 1,830,000 $ 1,830,000 $ 3,769,000
Cambridge-Newton-Framingham, MA 1 $ 3,425,000 $ 3,425,000 $ 9,999,000
Charlotte-Gastonia-Rock Hill, NC-SC 1 $ 760,000 $ 760,000 $ 231,000
College Station-Bryan, TX 1 $ 1,801,000 $ 1,801,000 $ 0
Corpus Christi, TX 1 $ 78,000 $ 78,000 $ 54,000
Deltona-Daytona Beach-Ormond Beach, FL 1 $ 100,000 $ 100,000 $ 203,000
Fairbanks, AK 1 $ 60,000 $ 60,000 $ 62,000
Flagstaff, AZ 1 $ 129,000 $ 129,000 $ 68,000
Fresno, CA 1 $ 275,000 $ 275,000 $ 323,000
Gainesville, FL 1 $ 100,000 $ 100,000 $ 698,000
Hickory-Lenoir-Morganton, NC 1 $ 315,000 $ 315,000 $ 48,000
Honolulu, HI 1 $ 780,000 $ 780,000 $ 302,000
Lake Charles, LA 1 $ 7,000 $ 7,000 $ 82,000
Lake Havasu City-Kingman, AZ 1 $ 54,000 $ 54,000 $ 169,000
Lakeland-Winter Haven, FL 1 $ 160,000 $ 160,000 $ 76,000
McAllen-Edinburg-Mission, TX 1 $ 147,000 $ 147,000 $ 59,000
Merced, CA 1 $ 154,000 $ 154,000 $ 244,000
Napa, CA 1 $ 1,500,000 $ 1,500,000 $ 2,256,000
Oklahoma City, OK 1 $ 47,000 $ 47,000 $ 31,000
Portland-Vancouver-Hillsboro, OR-WA 1 $ 160,000 $ 160,000 $ 98,000
Reno-Sparks, NV 1 $ 945,000 $ 945,000 $ 468,000
San Angelo, TX 1 $ 98,000 $ 98,000 $ 68,000
San Luis Obispo-Paso Robles, CA 1 $ 250,000 $ 250,000 $ 54,000
Santa Barbara-Santa Maria-Goleta, CA 1 $ 6,060,000 $ 6,060,000 $ 84,000
Sherman-Denison, TX 1 $ 155,000 $ 155,000 $ 24,000
South Bend-Mishawaka, IN-MI 1 $ 39,000 $ 39,000 $ 19,000
Stockton, CA 1 $ 249,000 $ 249,000 $ 95,000
Tyler, TX 1 $ 173,000 $ 173,000 $ 134,000
Vallejo-Fairfield, CA 1 $ 276,000 $ 276,000 $ 160,000
Virginia Beach-Norfolk-Newport News, VA-NC 1 $ 882,000 $ 882,000 $ 312,000

Mortgage Loan Application Detail Totals for Comerica Bank in 2011

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 2,196 $675,983,000 $307,000 $15,864,000 $181,000 $9,999,000
Home Purchase 1,087 $259,270,000 $238,000 $10,000,000 $136,000 $2,656,000
Home Improvement 209 $19,069,000 $91,000 $3,400,000 $123,000 $2,891,000

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 1,985 $446,545,000 $224,000 $15,864,000 $138,000 $6,793,000
Not Provided 754 $360,907,000 $478,000 $10,000,000 $309,000 $9,999,000
Black or African American 213 $17,627,000 $82,000 $640,000 $73,000 $1,050,000
Hispanic 182 $30,558,000 $167,000 $2,378,000 $100,000 $952,000
Asian 178 $36,565,000 $205,000 $1,200,000 $122,000 $973,000
Not applicable 146 $55,416,000 $379,000 $13,750,000 $36,000 $127,000
American Indian or Alaskan Native 23 $4,313,000 $187,000 $1,000,000 $82,000 $382,000
Native Hawaiian or Other Pacific Islander 11 $2,391,000 $217,000 $939,000 $113,000 $343,000

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) 3,256 $925,814,000 $284,000 $15,864,000 $171,000 $9,999,000
FHA-insured (Federal Housing Administration) 232 $28,186,000 $121,000 $467,000 $58,000 $286,000
VA-guaranteed (Veterans Administration) 4 $322,000 $80,000 $90,000 $30,000 $34,000
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 1,416 $471,021,000 $332,000 $15,864,000 $203,000 $9,999,000
Application Denied By Financial Institution 1,075 $275,909,000 $256,000 $14,173,000 $134,000 $9,999,000
Application Approved But Not Accepted 708 $118,682,000 $167,000 $3,500,000 $124,000 $6,793,000
Loan Purchased By The Institution 130 $12,425,000 $95,000 $257,000 $40,000 $127,000
Application Withdrawn By Applicant 99 $65,412,000 $660,000 $4,673,000 $427,000 $4,078,000
File Closed For Incompleteness 64 $10,873,000 $169,000 $4,165,000 $70,000 $183,000
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 2011 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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