First Independence Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2012
First Independence Bank 2012 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | First Independence Bank 7310 Woodward Ave Suite 101 Detroit, MI 48202 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 |
| Total Number of Mortgage Applications | 1,950 |
| Total Mortgage Loan Application Amount | $279,104,000 |
| Average Mortgage Loan Application Amount | $128,333 |
| Highest Mortgage Loan Application Amount | $1,500,000 |
| Average Applicant Income | $72,333 |
| Highest Applicant Income | $8,866,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2012 with First Independence Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing First Independence Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2012 breaks down First Independence Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how First Independence Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by First Independence Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at First Independence Bank's mortgage activity for 2012.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Oakland County Michigan | 337 | $ 56,531,000 | $ 167,000 | $ 88,000 |
| Macomb County Michigan | 276 | $ 40,762,000 | $ 147,000 | $ 67,000 |
| Bay County Michigan | 166 | $ 15,371,000 | $ 92,000 | $ 44,000 |
| Wayne County Michigan | 161 | $ 22,205,000 | $ 137,000 | $ 135,000 |
| Genesee County Michigan | 125 | $ 15,630,000 | $ 125,000 | $ 64,000 |
| Saginaw County Michigan | 114 | $ 11,891,000 | $ 104,000 | $ 58,000 |
| Livingston County Michigan | 94 | $ 15,934,000 | $ 169,000 | $ 72,000 |
| Pasco County Florida | 56 | $ 8,351,000 | $ 149,000 | $ 81,000 |
| Pinellas County Florida | 54 | $ 8,757,000 | $ 162,000 | $ 82,000 |
| Lapeer County Michigan | 42 | $ 6,169,000 | $ 146,000 | $ 70,000 |
| Washtenaw County Michigan | 37 | $ 6,756,000 | $ 182,000 | $ 92,000 |
| Hillsborough County Florida | 36 | $ 6,558,000 | $ 182,000 | $ 78,000 |
| Tuscola County Michigan | 29 | $ 2,726,000 | $ 94,000 | $ 42,000 |
| Midland County Michigan | 27 | $ 2,888,000 | $ 106,000 | $ 51,000 |
| Emmet County Michigan | 17 | $ 2,926,000 | $ 172,000 | $ 110,000 |
| Huron County Michigan | 16 | $ 1,490,000 | $ 93,000 | $ 54,000 |
| Manatee County Florida | 15 | $ 2,663,000 | $ 177,000 | $ 91,000 |
| Warren County Ohio | 15 | $ 3,289,000 | $ 219,000 | $ 112,000 |
| Miami-Dade County Florida | 14 | $ 3,323,000 | $ 237,000 | $ 85,000 |
| Calhoun County Michigan | 14 | $ 1,443,000 | $ 103,000 | $ 39,000 |
| St. Clair County Michigan | 14 | $ 2,333,000 | $ 166,000 | $ 67,000 |
| Montgomery County Ohio | 14 | $ 2,016,000 | $ 144,000 | $ 94,000 |
| Jackson County Michigan | 13 | $ 1,520,000 | $ 116,000 | $ 54,000 |
| Butler County Ohio | 11 | $ 1,779,000 | $ 161,000 | $ 86,000 |
| Hernando County Florida | 10 | $ 1,004,000 | $ 100,000 | $ 51,000 |
| Allen County Indiana | 10 | $ 1,243,000 | $ 124,000 | $ 49,000 |
| Santa Rosa County Florida | 9 | $ 2,223,000 | $ 247,000 | $ 48,000 |
| Ingham County Michigan | 9 | $ 688,000 | $ 76,000 | $ 28,000 |
| Lee County Florida | 8 | $ 1,199,000 | $ 149,000 | $ 121,000 |
| Charlevoix County Michigan | 8 | $ 1,714,000 | $ 214,000 | $ 136,000 |
| Grand Traverse County Michigan | 8 | $ 1,087,000 | $ 135,000 | $ 61,000 |
| Shiawassee County Michigan | 8 | $ 718,000 | $ 89,000 | $ 64,000 |
| Hamilton County Ohio | 8 | $ 1,450,000 | $ 181,000 | $ 115,000 |
| Arenac County Michigan | 7 | $ 421,000 | $ 60,000 | $ 35,000 |
| Sanilac County Michigan | 7 | $ 690,000 | $ 98,000 | $ 82,000 |
| Greene County Ohio | 7 | $ 1,495,000 | $ 213,000 | $ 151,000 |
| Gladwin County Michigan | 6 | $ 730,000 | $ 121,000 | $ 64,000 |
| Iosco County Michigan | 6 | $ 557,000 | $ 92,000 | $ 75,000 |
| Roscommon County Michigan | 6 | $ 523,000 | $ 87,000 | $ 97,000 |
| Broward County Florida | 5 | $ 728,000 | $ 145,000 | $ 50,000 |
| Sarasota County Florida | 5 | $ 1,010,000 | $ 202,000 | $ 82,000 |
| Lenawee County Michigan | 5 | $ 767,000 | $ 153,000 | $ 59,000 |
| Monroe County Michigan | 5 | $ 688,000 | $ 137,000 | $ 59,000 |
| Scioto County Ohio | 5 | $ 567,000 | $ 113,000 | $ 56,000 |
| Escambia County Florida | 4 | $ 902,000 | $ 225,000 | $ 61,000 |
| Palm Beach County Florida | 4 | $ 649,000 | $ 162,000 | $ 48,000 |
| Cheboygan County Michigan | 4 | $ 443,000 | $ 110,000 | $ 36,000 |
| Eaton County Michigan | 4 | $ 443,000 | $ 110,000 | $ 39,000 |
| Kent County Michigan | 4 | $ 354,000 | $ 88,000 | $ 38,000 |
| Montcalm County Michigan | 4 | $ 363,000 | $ 90,000 | $ 39,000 |
| Clermont County Ohio | 4 | $ 606,000 | $ 151,000 | $ 74,000 |
| Cuyahoga County Ohio | 4 | $ 620,000 | $ 155,000 | $ 91,000 |
| Steuben County Indiana | 3 | $ 340,000 | $ 113,000 | $ 51,000 |
| Clare County Michigan | 3 | $ 295,000 | $ 98,000 | $ 106,000 |
| Ionia County Michigan | 3 | $ 372,000 | $ 124,000 | $ 6,000 |
| Franklin County Ohio | 3 | $ 454,000 | $ 151,000 | $ 44,000 |
| Polk County Florida | 2 | $ 363,000 | $ 181,000 | $ 139,000 |
| Adams County Indiana | 2 | $ 278,000 | $ 139,000 | $ 17,000 |
| Kosciusko County Indiana | 2 | $ 208,000 | $ 104,000 | $ 63,000 |
| Antrim County Michigan | 2 | $ 381,000 | $ 190,000 | $ 35,000 |
| Crawford County Michigan | 2 | $ 179,000 | $ 89,000 | $ 79,000 |
| Kalamazoo County Michigan | 2 | $ 429,000 | $ 214,000 | $ 77,000 |
| Kalkaska County Michigan | 2 | $ 197,000 | $ 98,000 | $ 41,000 |
| Mackinac County Michigan | 2 | $ 328,000 | $ 164,000 | $ 148,000 |
| Ottawa County Michigan | 2 | $ 546,000 | $ 273,000 | $ 101,000 |
| Presque Isle County Michigan | 2 | $ 367,000 | $ 183,000 | $ 70,000 |
| Van Buren County Michigan | 2 | $ 482,000 | $ 241,000 | $ 259,000 |
| Medina County Ohio | 2 | $ 239,000 | $ 119,000 | $ 72,000 |
| Alachua County Florida | 1 | $ 280,000 | $ 280,000 | $ 473,000 |
| Bay County Florida | 1 | $ 100,000 | $ 100,000 | $ 408,000 |
| Charlotte County Florida | 1 | $ 48,000 | $ 48,000 | $ 54,000 |
| Collier County Florida | 1 | $ 175,000 | $ 175,000 | $ 142,000 |
| Leon County Florida | 1 | $ 150,000 | $ 150,000 | $ 67,000 |
| Orange County Florida | 1 | $ 113,000 | $ 113,000 | $ 92,000 |
| Seminole County Florida | 1 | $ 254,000 | $ 254,000 | $ 102,000 |
| St. Lucie County Florida | 1 | $ 209,000 | $ 209,000 | $ 256,000 |
| Union County Florida | 1 | $ 182,000 | $ 182,000 | $ 59,000 |
| Wakulla County Florida | 1 | $ 172,000 | $ 172,000 | $ 96,000 |
| Clark County Indiana | 1 | $ 173,000 | $ 173,000 | $ 0 |
| DeKalb County Indiana | 1 | $ 83,000 | $ 83,000 | $ 35,000 |
| Huntington County Indiana | 1 | $ 59,000 | $ 59,000 | $ 19,000 |
| Marion County Indiana | 1 | $ 192,000 | $ 192,000 | $ 0 |
| Noble County Indiana | 1 | $ 161,000 | $ 161,000 | $ 76,000 |
| Tippecanoe County Indiana | 1 | $ 220,000 | $ 220,000 | $ 0 |
| Whitley County Indiana | 1 | $ 92,000 | $ 92,000 | $ 49,000 |
| Kenton County Kentucky | 1 | $ 175,000 | $ 175,000 | $ 91,000 |
| Warren County Kentucky | 1 | $ 220,000 | $ 220,000 | $ 75,000 |
| Alpena County Michigan | 1 | $ 158,000 | $ 158,000 | $ 55,000 |
| Berrien County Michigan | 1 | $ 80,000 | $ 80,000 | $ 27,000 |
| Branch County Michigan | 1 | $ 76,000 | $ 76,000 | $ 31,000 |
| Chippewa County Michigan | 1 | $ 75,000 | $ 75,000 | $ 148,000 |
| Hillsdale County Michigan | 1 | $ 85,000 | $ 85,000 | $ 109,000 |
| Houghton County Michigan | 1 | $ 89,000 | $ 89,000 | $ 45,000 |
| Isabella County Michigan | 1 | $ 71,000 | $ 71,000 | $ 35,000 |
| Lake County Michigan | 1 | $ 78,000 | $ 78,000 | $ 72,000 |
| Leelanau County Michigan | 1 | $ 235,000 | $ 235,000 | $ 378,000 |
| Luce County Michigan | 1 | $ 107,000 | $ 107,000 | $ 0 |
| Mecosta County Michigan | 1 | $ 174,000 | $ 174,000 | $ 0 |
| Montmorency County Michigan | 1 | $ 142,000 | $ 142,000 | $ 211,000 |
| Muskegon County Michigan | 1 | $ 112,000 | $ 112,000 | $ 39,000 |
| Oceana County Michigan | 1 | $ 396,000 | $ 396,000 | $ 364,000 |
| Osceola County Michigan | 1 | $ 104,000 | $ 104,000 | $ 48,000 |
| Otsego County Michigan | 1 | $ 98,000 | $ 98,000 | $ 151,000 |
| Brown County Ohio | 1 | $ 88,000 | $ 88,000 | $ 50,000 |
| Champaign County Ohio | 1 | $ 98,000 | $ 98,000 | $ 35,000 |
| Darke County Ohio | 1 | $ 175,000 | $ 175,000 | $ 79,000 |
| Erie County Ohio | 1 | $ 417,000 | $ 417,000 | $ 339,000 |
| Gallia County Ohio | 1 | $ 184,000 | $ 184,000 | $ 125,000 |
| Licking County Ohio | 1 | $ 137,000 | $ 137,000 | $ 31,000 |
| Pike County Ohio | 1 | $ 136,000 | $ 136,000 | $ 33,000 |
| Shelby County Ohio | 1 | $ 80,000 | $ 80,000 | $ 20,000 |
Mortgage Loan Application Detail Totals for First Independence Bank in 2012
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 Purchase | 1,223 | $158,987,000 | $129,000 | $550,000 | $73,000 | $8,866,000 |
| Refinancing | 684 | $116,384,000 | $170,000 | $1,500,000 | $85,000 | $820,000 |
| Home Improvement | 43 | $3,733,000 | $86,000 | $417,000 | $59,000 | $197,000 |
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 | 1,768 | $252,131,000 | $142,000 | $700,000 | $73,000 | $896,000 |
| Black or African American | 65 | $6,416,000 | $98,000 | $318,000 | $60,000 | $280,000 |
| Hispanic | 62 | $9,156,000 | $147,000 | $376,000 | $70,000 | $473,000 |
| Asian | 30 | $4,934,000 | $164,000 | $409,000 | $376,000 | $8,866,000 |
| Not Provided | 8 | $1,275,000 | $159,000 | $285,000 | $61,000 | $102,000 |
| Not applicable | 7 | $3,704,000 | $529,000 | $1,500,000 | $0 | $0 |
| American Indian or Alaskan Native | 6 | $1,036,000 | $172,000 | $346,000 | $90,000 | $252,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $452,000 | $113,000 | $124,000 | $59,000 | $105,000 |
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) | 990 | $163,013,000 | $164,000 | $1,500,000 | $107,000 | $8,866,000 |
| FHA-insured (Federal Housing Administration) | 700 | $84,913,000 | $121,000 | $397,000 | $46,000 | $229,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 176 | $17,686,000 | $100,000 | $230,000 | $41,000 | $96,000 |
| VA-guaranteed (Veterans Administration) | 84 | $13,492,000 | $160,000 | $413,000 | $54,000 | $252,000 |
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 | 1,393 | $204,008,000 | $146,000 | $1,500,000 | $75,000 | $896,000 |
| Application Denied By Financial Institution | 390 | $53,161,000 | $136,000 | $450,000 | $63,000 | $450,000 |
| Application Approved But Not Accepted | 115 | $14,743,000 | $128,000 | $409,000 | $66,000 | $252,000 |
| Application Withdrawn By Applicant | 48 | $6,785,000 | $141,000 | $700,000 | $270,000 | $8,866,000 |
| File Closed For Incompleteness | 4 | $407,000 | $101,000 | $252,000 | $74,000 | $115,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 119 | $17,686,000 | $148,000 | $450,000 | $80,000 | $279,000 |
| Debt-To-Income Ratio | 101 | $13,983,000 | $138,000 | $417,000 | $43,000 | $254,000 |
| Credit History | 83 | $9,696,000 | $116,000 | $417,000 | $55,000 | $450,000 |
| Other | 34 | $3,609,000 | $106,000 | $376,000 | $58,000 | $199,000 |
| Unverifiable Information | 23 | $3,812,000 | $165,000 | $300,000 | $65,000 | $135,000 |
| Employment History | 17 | $2,563,000 | $150,000 | $417,000 | $54,000 | $252,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $940,000 | $156,000 | $417,000 | $78,000 | $176,000 |
| Credit Application Incomplete | 6 | $743,000 | $123,000 | $231,000 | $179,000 | $408,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First Independence Bank's 2012 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 First Independence 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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with aggregated HMDA statistics today.