First Independence Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2013
First Independence Bank 2013 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 | 1,921 |
| Total Mortgage Loan Application Amount | $292,474,000 |
| Average Mortgage Loan Application Amount | $141,666 |
| Highest Mortgage Loan Application Amount | $1,600,000 |
| Average Applicant Income | $81,000 |
| Highest Applicant Income | $1,107,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2013 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 2013 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 2013.
| 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 | 250 | $ 48,027,000 | $ 192,000 | $ 104,000 |
| Macomb County Michigan | 232 | $ 31,467,000 | $ 135,000 | $ 68,000 |
| Wayne County Michigan | 205 | $ 27,741,000 | $ 135,000 | $ 78,000 |
| Livingston County Michigan | 117 | $ 18,912,000 | $ 161,000 | $ 71,000 |
| Genesee County Michigan | 103 | $ 14,509,000 | $ 140,000 | $ 78,000 |
| Pinellas County Florida | 97 | $ 16,047,000 | $ 165,000 | $ 80,000 |
| Pasco County Florida | 82 | $ 11,167,000 | $ 136,000 | $ 61,000 |
| Miami-Dade County Florida | 80 | $ 16,887,000 | $ 211,000 | $ 98,000 |
| Saginaw County Michigan | 57 | $ 6,046,000 | $ 106,000 | $ 43,000 |
| Broward County Florida | 50 | $ 8,080,000 | $ 161,000 | $ 75,000 |
| Bay County Michigan | 41 | $ 3,856,000 | $ 94,000 | $ 52,000 |
| Allen County Indiana | 36 | $ 4,061,000 | $ 112,000 | $ 35,000 |
| Hillsborough County Florida | 34 | $ 5,359,000 | $ 157,000 | $ 91,000 |
| Washtenaw County Michigan | 34 | $ 5,745,000 | $ 168,000 | $ 96,000 |
| Palm Beach County Florida | 25 | $ 3,863,000 | $ 154,000 | $ 71,000 |
| Lee County Florida | 24 | $ 3,524,000 | $ 146,000 | $ 139,000 |
| Manatee County Florida | 24 | $ 4,205,000 | $ 175,000 | $ 77,000 |
| St. Clair County Michigan | 23 | $ 3,069,000 | $ 133,000 | $ 73,000 |
| Santa Rosa County Florida | 18 | $ 3,627,000 | $ 201,000 | $ 79,000 |
| Lapeer County Michigan | 18 | $ 3,001,000 | $ 166,000 | $ 75,000 |
| Tuscola County Michigan | 15 | $ 1,438,000 | $ 95,000 | $ 53,000 |
| Jackson County Michigan | 14 | $ 1,772,000 | $ 126,000 | $ 55,000 |
| Escambia County Florida | 12 | $ 2,705,000 | $ 225,000 | $ 84,000 |
| Montgomery County Ohio | 12 | $ 2,137,000 | $ 178,000 | $ 82,000 |
| Scioto County Ohio | 12 | $ 1,436,000 | $ 119,000 | $ 72,000 |
| Hernando County Florida | 11 | $ 1,267,000 | $ 115,000 | $ 62,000 |
| Calhoun County Michigan | 11 | $ 1,073,000 | $ 97,000 | $ 42,000 |
| Sarasota County Florida | 10 | $ 1,548,000 | $ 154,000 | $ 76,000 |
| Medina County Ohio | 9 | $ 1,452,000 | $ 161,000 | $ 83,000 |
| Emmet County Michigan | 8 | $ 938,000 | $ 117,000 | $ 73,000 |
| Huron County Michigan | 8 | $ 685,000 | $ 85,000 | $ 66,000 |
| Leon County Florida | 6 | $ 911,000 | $ 151,000 | $ 88,000 |
| Volusia County Florida | 6 | $ 698,000 | $ 116,000 | $ 60,000 |
| Steuben County Indiana | 6 | $ 740,000 | $ 123,000 | $ 48,000 |
| Cheboygan County Michigan | 6 | $ 511,000 | $ 85,000 | $ 48,000 |
| Lenawee County Michigan | 6 | $ 799,000 | $ 133,000 | $ 75,000 |
| Sanilac County Michigan | 6 | $ 488,000 | $ 81,000 | $ 52,000 |
| Cuyahoga County Ohio | 6 | $ 979,000 | $ 163,000 | $ 84,000 |
| Charlevoix County Michigan | 5 | $ 472,000 | $ 94,000 | $ 59,000 |
| Gladwin County Michigan | 5 | $ 630,000 | $ 126,000 | $ 90,000 |
| Grand Traverse County Michigan | 5 | $ 779,000 | $ 155,000 | $ 96,000 |
| Hillsdale County Michigan | 5 | $ 601,000 | $ 120,000 | $ 61,000 |
| Ingham County Michigan | 5 | $ 858,000 | $ 171,000 | $ 95,000 |
| Kent County Michigan | 5 | $ 566,000 | $ 113,000 | $ 58,000 |
| Butler County Ohio | 5 | $ 1,039,000 | $ 207,000 | $ 64,000 |
| Greene County Ohio | 5 | $ 1,344,000 | $ 268,000 | $ 88,000 |
| Miami County Ohio | 5 | $ 535,000 | $ 107,000 | $ 38,000 |
| Warren County Ohio | 5 | $ 1,301,000 | $ 260,000 | $ 141,000 |
| Shelby County Tennessee | 5 | $ 821,000 | $ 164,000 | $ 71,000 |
| Charlotte County Florida | 4 | $ 710,000 | $ 177,000 | $ 82,000 |
| Collier County Florida | 4 | $ 790,000 | $ 197,000 | $ 172,000 |
| Lake County Florida | 4 | $ 738,000 | $ 184,000 | $ 44,000 |
| Osceola County Florida | 4 | $ 456,000 | $ 114,000 | $ 21,000 |
| St. Lucie County Florida | 4 | $ 645,000 | $ 161,000 | $ 38,000 |
| Kosciusko County Indiana | 4 | $ 388,000 | $ 97,000 | $ 42,000 |
| Iosco County Michigan | 4 | $ 375,000 | $ 93,000 | $ 199,000 |
| Kalamazoo County Michigan | 4 | $ 559,000 | $ 139,000 | $ 102,000 |
| Clark County Ohio | 4 | $ 612,000 | $ 153,000 | $ 160,000 |
| Franklin County Ohio | 4 | $ 629,000 | $ 157,000 | $ 75,000 |
| Lorain County Ohio | 4 | $ 736,000 | $ 184,000 | $ 85,000 |
| Orange County Florida | 3 | $ 387,000 | $ 129,000 | $ 61,000 |
| Polk County Florida | 3 | $ 411,000 | $ 137,000 | $ 78,000 |
| Wells County Indiana | 3 | $ 329,000 | $ 109,000 | $ 39,000 |
| Mason County Michigan | 3 | $ 437,000 | $ 145,000 | $ 55,000 |
| Monroe County Michigan | 3 | $ 433,000 | $ 144,000 | $ 68,000 |
| Ottawa County Michigan | 3 | $ 962,000 | $ 320,000 | $ 131,000 |
| Shiawassee County Michigan | 3 | $ 267,000 | $ 89,000 | $ 68,000 |
| Alachua County Florida | 2 | $ 315,000 | $ 157,000 | $ 73,000 |
| Citrus County Florida | 2 | $ 164,000 | $ 82,000 | $ 85,000 |
| Duval County Florida | 2 | $ 646,000 | $ 323,000 | $ 34,000 |
| Okaloosa County Florida | 2 | $ 757,000 | $ 378,000 | $ 26,000 |
| DeKalb County Indiana | 2 | $ 365,000 | $ 182,000 | $ 96,000 |
| Jay County Indiana | 2 | $ 164,000 | $ 82,000 | $ 45,000 |
| Whitley County Indiana | 2 | $ 172,000 | $ 86,000 | $ 57,000 |
| Greenup County Kentucky | 2 | $ 207,000 | $ 103,000 | $ 47,000 |
| Arenac County Michigan | 2 | $ 129,000 | $ 64,000 | $ 47,000 |
| Branch County Michigan | 2 | $ 136,000 | $ 68,000 | $ 49,000 |
| Clare County Michigan | 2 | $ 274,000 | $ 137,000 | $ 45,000 |
| Eaton County Michigan | 2 | $ 87,000 | $ 43,000 | $ 53,000 |
| Mecosta County Michigan | 2 | $ 216,000 | $ 108,000 | $ 164,000 |
| Midland County Michigan | 2 | $ 245,000 | $ 122,000 | $ 49,000 |
| Roscommon County Michigan | 2 | $ 116,000 | $ 58,000 | $ 22,000 |
| Scott County Minnesota | 2 | $ 306,000 | $ 153,000 | $ 142,000 |
| Belmont County Ohio | 2 | $ 134,000 | $ 67,000 | $ 18,000 |
| Clermont County Ohio | 2 | $ 363,000 | $ 181,000 | $ 82,000 |
| Darke County Ohio | 2 | $ 240,000 | $ 120,000 | $ 41,000 |
| Hamilton County Ohio | 2 | $ 688,000 | $ 344,000 | $ 108,000 |
| Jackson County Ohio | 2 | $ 247,000 | $ 123,000 | $ 57,000 |
| Brevard County Florida | 1 | $ 288,000 | $ 288,000 | $ 84,000 |
| Indian River County Florida | 1 | $ 93,000 | $ 93,000 | $ 37,000 |
| Monroe County Florida | 1 | $ 201,000 | $ 201,000 | $ 104,000 |
| Seminole County Florida | 1 | $ 258,000 | $ 258,000 | $ 58,000 |
| Sumter County Florida | 1 | $ 257,000 | $ 257,000 | $ 139,000 |
| Walton County Florida | 1 | $ 387,000 | $ 387,000 | $ 221,000 |
| Dearborn County Indiana | 1 | $ 108,000 | $ 108,000 | $ 43,000 |
| Lake County Indiana | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Noble County Indiana | 1 | $ 95,000 | $ 95,000 | $ 32,000 |
| Campbell County Kentucky | 1 | $ 314,000 | $ 314,000 | $ 113,000 |
| Alcona County Michigan | 1 | $ 191,000 | $ 191,000 | $ 70,000 |
| Antrim County Michigan | 1 | $ 144,000 | $ 144,000 | $ 78,000 |
| Benzie County Michigan | 1 | $ 104,000 | $ 104,000 | $ 217,000 |
| Berrien County Michigan | 1 | $ 230,000 | $ 230,000 | $ 65,000 |
| Chippewa County Michigan | 1 | $ 96,000 | $ 96,000 | $ 162,000 |
| Clinton County Michigan | 1 | $ 90,000 | $ 90,000 | $ 30,000 |
| Leelanau County Michigan | 1 | $ 68,000 | $ 68,000 | $ 33,000 |
| Missaukee County Michigan | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Montcalm County Michigan | 1 | $ 110,000 | $ 110,000 | $ 0 |
| Newaygo County Michigan | 1 | $ 148,000 | $ 148,000 | $ 130,000 |
| Ogemaw County Michigan | 1 | $ 140,000 | $ 140,000 | $ 67,000 |
| Oscoda County Michigan | 1 | $ 63,000 | $ 63,000 | $ 26,000 |
| Anoka County Minnesota | 1 | $ 60,000 | $ 60,000 | $ 162,000 |
| Hennepin County Minnesota | 1 | $ 151,000 | $ 151,000 | $ 44,000 |
| Stearns County Minnesota | 1 | $ 284,000 | $ 284,000 | $ 92,000 |
| Athens County Ohio | 1 | $ 46,000 | $ 46,000 | $ 33,000 |
| Clinton County Ohio | 1 | $ 181,000 | $ 181,000 | $ 47,000 |
| Fairfield County Ohio | 1 | $ 169,000 | $ 169,000 | $ 0 |
| Geauga County Ohio | 1 | $ 166,000 | $ 166,000 | $ 136,000 |
| Lake County Ohio | 1 | $ 150,000 | $ 150,000 | $ 77,000 |
| Lawrence County Ohio | 1 | $ 89,000 | $ 89,000 | $ 38,000 |
| Marion County Ohio | 1 | $ 148,000 | $ 148,000 | $ 47,000 |
| Pickaway County Ohio | 1 | $ 122,000 | $ 122,000 | $ 121,000 |
| Pike County Ohio | 1 | $ 74,000 | $ 74,000 | $ 49,000 |
| Portage County Ohio | 1 | $ 391,000 | $ 391,000 | $ 180,000 |
| Preble County Ohio | 1 | $ 77,000 | $ 77,000 | $ 35,000 |
| Union County Ohio | 1 | $ 254,000 | $ 254,000 | $ 129,000 |
| Wayne County Ohio | 1 | $ 138,000 | $ 138,000 | $ 35,000 |
| Giles County Tennessee | 1 | $ 98,000 | $ 98,000 | $ 19,000 |
Mortgage Loan Application Detail Totals for First Independence 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 |
|---|---|---|---|---|---|---|
| Home Purchase | 1,468 | $212,503,000 | $144,000 | $588,000 | $72,000 | $1,107,000 |
| Refinancing | 403 | $75,183,000 | $186,000 | $1,600,000 | $97,000 | $951,000 |
| Home Improvement | 50 | $4,788,000 | $95,000 | $383,000 | $74,000 | $287,000 |
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 | 1,587 | $240,644,000 | $151,000 | $597,000 | $78,000 | $1,107,000 |
| Black or African American | 133 | $14,294,000 | $107,000 | $417,000 | $64,000 | $423,000 |
| Hispanic | 123 | $20,036,000 | $162,000 | $393,000 | $72,000 | $546,000 |
| Asian | 52 | $9,485,000 | $182,000 | $417,000 | $105,000 | $417,000 |
| Not Provided | 15 | $3,940,000 | $262,000 | $1,600,000 | $69,000 | $360,000 |
| Native Hawaiian or Other Pacific Islander | 5 | $932,000 | $186,000 | $325,000 | $96,000 | $176,000 |
| Not applicable | 4 | $2,808,000 | $702,000 | $1,425,000 | $0 | $0 |
| American Indian or Alaskan Native | 2 | $335,000 | $167,000 | $195,000 | $61,000 | $62,000 |
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) | 1,028 | $170,204,000 | $165,000 | $1,600,000 | $99,000 | $1,107,000 |
| FHA-insured (Federal Housing Administration) | 640 | $85,452,000 | $133,000 | $393,000 | $53,000 | $180,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 156 | $18,891,000 | $121,000 | $296,000 | $49,000 | $115,000 |
| VA-guaranteed (Veterans Administration) | 97 | $17,927,000 | $184,000 | $597,000 | $61,000 | $221,000 |
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 | 1,313 | $196,619,000 | $149,000 | $597,000 | $77,000 | $501,000 |
| Application Denied By Financial Institution | 331 | $49,351,000 | $149,000 | $1,425,000 | $70,000 | $504,000 |
| Application Approved But Not Accepted | 163 | $28,002,000 | $171,000 | $495,000 | $91,000 | $1,107,000 |
| Application Withdrawn By Applicant | 102 | $17,146,000 | $168,000 | $1,600,000 | $93,000 | $951,000 |
| File Closed For Incompleteness | 6 | $786,000 | $131,000 | $393,000 | $53,000 | $94,000 |
| Preapproval Approved but not Accepted | 6 | $570,000 | $95,000 | $143,000 | $46,000 | $68,000 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The 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 | 101 | $16,800,000 | $166,000 | $417,000 | $106,000 | $504,000 |
| Debt-To-Income Ratio | 85 | $11,435,000 | $134,000 | $343,000 | $36,000 | $113,000 |
| Credit History | 59 | $6,919,000 | $117,000 | $400,000 | $62,000 | $304,000 |
| Other | 52 | $9,088,000 | $174,000 | $1,425,000 | $75,000 | $262,000 |
| Unverifiable Information | 13 | $2,350,000 | $180,000 | $417,000 | $71,000 | $130,000 |
| Employment History | 12 | $1,729,000 | $144,000 | $276,000 | $45,000 | $107,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 8 | $915,000 | $114,000 | $238,000 | $43,000 | $140,000 |
| Credit Application Incomplete | 1 | $115,000 | $115,000 | $115,000 | $137,000 | $137,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into First Independence 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 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.