Comerica Bank Mortgage Lending & HMDA Data, 2013

In 2013, Comerica Bank of Farmington Hills, MI reported 4,538 mortgage applications totaling $1.6 billion, down 29% from 2012. The average application was for $346,311, and applicants reported an average income of $181,922. 46% of its applications resulted in an originated loan and 26% were denied. Its largest markets were Warren-Troy-Farmington Hills, MI (1,261), Houston-Sugar Land-Baytown, TX (526) and Detroit-Livonia-Dearborn, MI (470) (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 4,538
Total Mortgage Loan Application Amount $1,571,560,000
Average Mortgage Loan Application Amount $346,311
Highest Mortgage Loan Application Amount $50,000,000
Average Applicant Income $181,922
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Act (HMDA) records Comerica Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2013

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 1,261 $ 262,151,000 $ 207,891 $ 124,000
Houston-Sugar Land-Baytown, TX 526 $ 100,993,000 $ 192,001 $ 112,000
Detroit-Livonia-Dearborn, MI 470 $ 61,291,000 $ 130,406 $ 97,000
Dallas-Plano-Irving, TX 368 $ 100,640,000 $ 273,478 $ 157,000
Los Angeles-Long Beach-Glendale, CA 158 $ 287,614,000 $ 1,820,341 $ 758,000
Jackson, MI 130 $ 14,692,000 $ 113,015 $ 80,000
Ann Arbor, MI 121 $ 24,673,000 $ 203,909 $ 117,000
Grand Rapids-Wyoming, MI 112 $ 16,332,000 $ 145,821 $ 94,000
Austin-Round Rock-San Marcos, TX 92 $ 32,210,000 $ 350,108 $ 161,000
Fort Worth-Arlington, TX 87 $ 26,397,000 $ 303,413 $ 212,000
Lansing-East Lansing, MI 84 $ 16,791,000 $ 199,892 $ 95,000
Phoenix-Mesa-Glendale, AZ 76 $ 25,383,000 $ 333,986 $ 314,000
San Antonio-New Braunfels, TX 65 $ 14,516,000 $ 223,323 $ 72,000
West Palm Beach-Boca Raton-Boynton Beach, FL 63 $ 28,517,000 $ 452,650 $ 279,000
San Jose-Sunnyvale-Santa Clara, CA 60 $ 45,990,000 $ 766,500 $ 470,000
Kalamazoo-Portage, MI 51 $ 7,275,000 $ 142,647 $ 90,000
San Francisco-San Mateo-Redwood City, CA 49 $ 46,180,000 $ 942,448 $ 254,000
Muskegon-Norton Shores, MI 46 $ 4,718,000 $ 102,565 $ 74,000
San Diego-Carlsbad-San Marcos, CA 43 $ 33,602,000 $ 781,441 $ 215,000
Oakland-Fremont-Hayward, CA 38 $ 33,256,000 $ 875,157 $ 279,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 37 $ 7,293,000 $ 197,108 $ 114,000
Santa Ana-Anaheim-Irvine, CA 37 $ 50,650,000 $ 1,368,918 $ 717,000
Battle Creek, MI 33 $ 3,247,000 $ 98,393 $ 75,000
Holland-Grand Haven, MI 33 $ 3,816,000 $ 115,636 $ 102,000
Santa Cruz-Watsonville, CA 27 $ 9,271,000 $ 343,370 $ 189,000
Riverside-San Bernardino-Ontario, CA 23 $ 64,026,000 $ 2,783,739 $ 161,000
Salinas, CA 21 $ 9,408,000 $ 448,000 $ 207,000
Sacramento--Arden-Arcade--Roseville, CA 20 $ 12,688,000 $ 634,400 $ 682,000
Naples-Marco Island, FL 18 $ 9,633,000 $ 535,166 $ 283,000
Flint, MI 17 $ 2,579,000 $ 151,705 $ 121,000
Monroe, MI 13 $ 1,955,000 $ 150,384 $ 88,000
North Port-Bradenton-Sarasota, FL 12 $ 5,401,000 $ 450,083 $ 205,000
Cape Coral-Fort Myers, FL 11 $ 2,090,000 $ 190,000 $ 130,000
Oxnard-Thousand Oaks-Ventura, CA 11 $ 13,301,000 $ 1,209,181 $ 561,000
Tampa-St. Petersburg-Clearwater, FL 7 $ 5,742,000 $ 820,285 $ 427,000
Bay City, MI 6 $ 376,000 $ 62,666 $ 72,000
Chicago-Joliet-Naperville, IL 5 $ 4,885,000 $ 977,000 $ 847,000
Orlando-Kissimmee-Sanford, FL 5 $ 33,476,000 $ 6,695,200 $ 349,000
Port St. Lucie, FL 5 $ 1,523,000 $ 304,600 $ 212,000
Santa Barbara-Santa Maria-Goleta, CA 5 $ 16,032,000 $ 3,206,400 $ 133,000
Miami-Miami Beach-Kendall, FL 4 $ 1,376,000 $ 344,000 $ 305,000
Prescott, AZ 4 $ 2,437,000 $ 609,250 $ 49,000
Seattle-Bellevue-Everett, WA 4 $ 3,746,000 $ 936,500 $ 658,000
Corpus Christi, TX 3 $ 1,464,000 $ 488,000 $ 202,000
Deltona-Daytona Beach-Ormond Beach, FL 3 $ 663,000 $ 221,000 $ 107,000
Provo-Orem, UT 3 $ 5,864,000 $ 1,954,666 $ 6,339,000
Saginaw-Saginaw Township North, MI 3 $ 4,499,000 $ 1,499,666 $ 44,000
Santa Rosa-Petaluma, CA 3 $ 1,656,000 $ 552,000 $ 553,000
Tucson, AZ 3 $ 2,552,000 $ 850,666 $ 142,000
Albuquerque, NM 2 $ 655,000 $ 327,500 $ 164,000
Asheville, NC 2 $ 2,168,000 $ 1,084,000 $ 1,319,000
Athens-Clarke County, GA 2 $ 406,000 $ 203,000 $ 0
Atlanta-Sandy Springs-Marietta, GA 2 $ 1,263,000 $ 631,500 $ 256,000
College Station-Bryan, TX 2 $ 1,864,000 $ 932,000 $ 74,000
Denver-Aurora-Broomfield, CO 2 $ 3,356,000 $ 1,678,000 $ 952,000
Durham-Chapel Hill, NC 2 $ 1,477,000 $ 738,500 $ 395,000
Honolulu, HI 2 $ 1,278,000 $ 639,000 $ 1,119,000
Jacksonville, FL 2 $ 3,332,000 $ 1,666,000 $ 1,075,000
Kansas City, MO-KS 2 $ 446,000 $ 223,000 $ 130,000
Las Vegas-Paradise, NV 2 $ 482,000 $ 241,000 $ 27,000
Pensacola-Ferry Pass-Brent, FL 2 $ 635,000 $ 317,500 $ 218,000
Salt Lake City, UT 2 $ 3,370,000 $ 1,685,000 $ 2,164,000
Toledo, OH 2 $ 241,000 $ 120,500 $ 156,000
Bakersfield-Delano, CA 1 $ 184,000 $ 184,000 $ 42,000
Boston-Quincy, MA 1 $ 3,040,000 $ 3,040,000 $ 0
Boulder, CO 1 $ 500,000 $ 500,000 $ 1,354,000
Brownsville-Harlingen, TX 1 $ 110,000 $ 110,000 $ 579,000
Cambridge-Newton-Framingham, MA 1 $ 999,000 $ 999,000 $ 279,000
Charlotte-Gastonia-Rock Hill, NC-SC 1 $ 360,000 $ 360,000 $ 2,382,000
Chattanooga, TN-GA 1 $ 168,000 $ 168,000 $ 105,000
Cincinnati-Middletown, OH-KY-IN 1 $ 61,000 $ 61,000 $ 84,000
Cleveland-Elyria-Mentor, OH 1 $ 119,000 $ 119,000 $ 134,000
El Paso, TX 1 $ 36,000 $ 36,000 $ 54,000
Flagstaff, AZ 1 $ 786,000 $ 786,000 $ 206,000
Gainesville, FL 1 $ 1,000,000 $ 1,000,000 $ 446,000
Killeen-Temple-Fort Hood, TX 1 $ 2,030,000 $ 2,030,000 $ 0
Lakeland-Winter Haven, FL 1 $ 88,000 $ 88,000 $ 30,000
Lexington-Fayette, KY 1 $ 327,000 $ 327,000 $ 60,000
Longview, TX 1 $ 118,000 $ 118,000 $ 88,000
Louisville/Jefferson County, KY-IN 1 $ 150,000 $ 150,000 $ 195,000
Napa, CA 1 $ 196,000 $ 196,000 $ 199,000
Nashville-Davidson--Murfreesboro--Franklin, TN 1 $ 580,000 $ 580,000 $ 701,000
New Orleans-Metairie-Kenner, LA 1 $ 187,000 $ 187,000 $ 120,000
Niles-Benton Harbor, MI 1 $ 83,000 $ 83,000 $ 371,000
Oklahoma City, OK 1 $ 52,000 $ 52,000 $ 72,000
Palm Bay-Melbourne-Titusville, FL 1 $ 76,000 $ 76,000 $ 32,000
Redding, CA 1 $ 1,580,000 $ 1,580,000 $ 0
Santa Fe, NM 1 $ 1,088,000 $ 1,088,000 $ 1,628,000
Springfield, MO 1 $ 250,000 $ 250,000 $ 220,000
Stockton, CA 1 $ 178,000 $ 178,000 $ 138,000
Tallahassee, FL 1 $ 89,000 $ 89,000 $ 38,000
Tyler, TX 1 $ 240,000 $ 240,000 $ 230,000
Vallejo-Fairfield, CA 1 $ 444,000 $ 444,000 $ 0
Visalia-Porterville, CA 1 $ 98,000 $ 98,000 $ 102,000

Mortgage Loan Application Detail Totals for Comerica Bank in 2013

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 2,853 $965,401,000 $338,000 $50,000,000 $177,000 $9,999,000
Home Purchase 1,468 $586,762,000 $399,000 $25,000,000 $207,000 $9,999,000
Home Improvement 217 $19,397,000 $89,000 $4,525,000 $77,000 $3,000,000

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 2,304 $477,256,000 $207,000 $5,967,000 $133,000 $6,338,000
Not Provided 1,299 $681,174,000 $524,000 $12,600,000 $335,000 $9,999,000
Hispanic 255 $47,961,000 $188,000 $10,360,000 $134,000 $6,804,000
Not applicable 224 $300,875,000 $1,343,000 $50,000,000 $37,000 $1,717,000
Asian 211 $39,097,000 $185,000 $3,000,000 $102,000 $3,185,000
Black or African American 208 $19,407,000 $93,000 $1,891,000 $86,000 $2,382,000
American Indian or Alaskan Native 29 $3,834,000 $132,000 $273,000 $84,000 $340,000
Native Hawaiian or Other Pacific Islander 8 $1,956,000 $244,000 $400,000 $107,000 $350,000

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) 4,359 $1,552,075,000 $356,000 $50,000,000 $187,000 $9,999,000
FHA-insured (Federal Housing Administration) 178 $19,285,000 $108,000 $435,000 $55,000 $608,000
VA-guaranteed (Veterans Administration) 1 $200,000 $200,000 $200,000 $40,000 $40,000
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 2,103 $966,582,000 $459,000 $50,000,000 $235,000 $9,999,000
Application Denied By Financial Institution 1,171 $298,115,000 $254,000 $12,600,000 $122,000 $9,999,000
Application Approved But Not Accepted 801 $153,256,000 $191,000 $3,613,000 $138,000 $4,950,000
File Closed For Incompleteness 186 $53,162,000 $285,000 $20,000,000 $110,000 $767,000
Loan Purchased By The Institution 139 $14,615,000 $105,000 $383,000 $46,000 $298,000
Application Withdrawn By Applicant 138 $85,830,000 $621,000 $4,742,000 $371,000 $5,160,000
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 2013 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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