First National Acceptance Company Mortgage Lending & HMDA Data, 2007
In 2007, First National Acceptance Company of East Lansing, MI reported 515 mortgage applications totaling $19.0 million, up 85% from 2006. The average application was for $36,879, and applicants reported an average income of $446. 2% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Grand Rapids-Wyoming, MI (31), Houston-Sugar Land-Baytown, TX (17) and Kalamazoo-Portage, MI (13) (applications in parentheses).
| Mortgage Company & Address | First National Acceptance Company 241 East Saginaw/P.O. Box 980 East Lansing, MI 48826 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 515 |
| Total Mortgage Loan Application Amount | $18,993,000 |
| Average Mortgage Loan Application Amount | $36,879 |
| Highest Mortgage Loan Application Amount | $206,000 |
| Average Applicant Income | $446 |
| Highest Applicant Income | $52,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First National Acceptance Company filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Grand Rapids-Wyoming, MI | 31 | $ 1,475,000 | $ 47,580 | $ 0 |
| Houston-Sugar Land-Baytown, TX | 17 | $ 575,000 | $ 33,823 | $ 0 |
| Kalamazoo-Portage, MI | 13 | $ 688,000 | $ 52,923 | $ 0 |
| Dallas-Plano-Irving, TX | 10 | $ 324,000 | $ 32,400 | $ 0 |
| San Antonio, TX | 9 | $ 331,000 | $ 36,777 | $ 0 |
| Austin-Round Rock, TX | 7 | $ 285,000 | $ 40,714 | $ 0 |
| Warren-Troy-Farmington Hills, MI | 7 | $ 360,000 | $ 51,428 | $ 0 |
| Buffalo-Niagara Falls, NY | 6 | $ 259,000 | $ 43,166 | $ 0 |
| Jackson, MI | 6 | $ 217,000 | $ 36,166 | $ 0 |
| San Angelo, TX | 6 | $ 130,000 | $ 21,666 | $ 0 |
| Jacksonville, FL | 5 | $ 249,000 | $ 49,800 | $ 0 |
| McAllen-Edinburg-Mission, TX | 5 | $ 133,000 | $ 26,600 | $ 0 |
| Prescott, AZ | 5 | $ 114,000 | $ 22,800 | $ 6,000 |
| Bangor, ME | 4 | $ 107,000 | $ 26,750 | $ 0 |
| Beaumont-Port Arthur, TX | 4 | $ 88,000 | $ 22,000 | $ 0 |
| Brownsville-Harlingen, TX | 4 | $ 150,000 | $ 37,500 | $ 0 |
| Albany-Schenectady-Troy, NY | 3 | $ 125,000 | $ 41,666 | $ 0 |
| Deltona-Daytona Beach-Ormond Beach, FL | 3 | $ 165,000 | $ 55,000 | $ 10,000 |
| Detroit-Livonia-Dearborn, MI | 3 | $ 85,000 | $ 28,333 | $ 0 |
| Fort Worth-Arlington, TX | 3 | $ 97,000 | $ 32,333 | $ 0 |
| Gainesville, FL | 3 | $ 63,000 | $ 21,000 | $ 0 |
| Killeen-Temple-Fort Hood, TX | 3 | $ 131,000 | $ 43,666 | $ 0 |
| Muskegon-Norton Shores, MI | 3 | $ 116,000 | $ 38,666 | $ 0 |
| Niles-Benton Harbor, MI | 3 | $ 126,000 | $ 42,000 | $ 0 |
| Oklahoma City, OK | 3 | $ 67,000 | $ 22,333 | $ 0 |
| Rochester, NY | 3 | $ 94,000 | $ 31,333 | $ 0 |
| Tampa-St. Petersburg-Clearwater, FL | 3 | $ 64,000 | $ 21,333 | $ 0 |
| Utica-Rome, NY | 3 | $ 134,000 | $ 44,666 | $ 0 |
| Abilene, TX | 2 | $ 45,000 | $ 22,500 | $ 0 |
| Atlanta-Sandy Springs-Marietta, GA | 2 | $ 59,000 | $ 29,500 | $ 0 |
| Bay City, MI | 2 | $ 182,000 | $ 91,000 | $ 0 |
| Columbus, GA-AL | 2 | $ 83,000 | $ 41,500 | $ 0 |
| Columbus, OH | 2 | $ 71,000 | $ 35,500 | $ 0 |
| Corpus Christi, TX | 2 | $ 90,000 | $ 45,000 | $ 0 |
| El Paso, TX | 2 | $ 90,000 | $ 45,000 | $ 0 |
| Glens Falls, NY | 2 | $ 61,000 | $ 30,500 | $ 0 |
| Greensboro-High Point, NC | 2 | $ 67,000 | $ 33,500 | $ 0 |
| Hickory-Lenoir-Morganton, NC | 2 | $ 94,000 | $ 47,000 | $ 0 |
| Lake Havasu City-Kingman, AZ | 2 | $ 89,000 | $ 44,500 | $ 0 |
| Longview, TX | 2 | $ 70,000 | $ 35,000 | $ 0 |
| Lubbock, TX | 2 | $ 41,000 | $ 20,500 | $ 0 |
| Mobile, AL | 2 | $ 91,000 | $ 45,500 | $ 0 |
| Monroe, MI | 2 | $ 75,000 | $ 37,500 | $ 0 |
| Odessa, TX | 2 | $ 56,000 | $ 28,000 | $ 0 |
| Riverside-San Bernardino-Ontario, CA | 2 | $ 230,000 | $ 115,000 | $ 0 |
| Saginaw-Saginaw Township North, MI | 2 | $ 91,000 | $ 45,500 | $ 0 |
| Sherman-Denison, TX | 2 | $ 49,000 | $ 24,500 | $ 0 |
| South Bend-Mishawaka, IN-MI | 2 | $ 47,000 | $ 23,500 | $ 0 |
| St. Louis, MO-IL | 2 | $ 52,000 | $ 26,000 | $ 0 |
| Tyler, TX | 2 | $ 98,000 | $ 49,000 | $ 0 |
| Victoria, TX | 2 | $ 75,000 | $ 37,500 | $ 0 |
| Wheeling, WV-OH | 2 | $ 58,000 | $ 29,000 | $ 0 |
| Wichita Falls, TX | 2 | $ 53,000 | $ 26,500 | $ 0 |
| Akron, OH | 1 | $ 38,000 | $ 38,000 | $ 0 |
| Athens-Clarke County, GA | 1 | $ 36,000 | $ 36,000 | $ 0 |
| Augusta-Richmond County, GA-SC | 1 | $ 21,000 | $ 21,000 | $ 29,000 |
| Battle Creek, MI | 1 | $ 52,000 | $ 52,000 | $ 0 |
| Charleston-North Charleston, SC | 1 | $ 18,000 | $ 18,000 | $ 0 |
| Columbia, SC | 1 | $ 48,000 | $ 48,000 | $ 0 |
| El Centro, CA | 1 | $ 69,000 | $ 69,000 | $ 0 |
| Erie, PA | 1 | $ 18,000 | $ 18,000 | $ 0 |
| Evansville, IN-KY | 1 | $ 33,000 | $ 33,000 | $ 0 |
| Fairbanks, AK | 1 | $ 20,000 | $ 20,000 | $ 0 |
| Gainesville, GA | 1 | $ 67,000 | $ 67,000 | $ 0 |
| Gary, IN | 1 | $ 46,000 | $ 46,000 | $ 0 |
| Goldsboro, NC | 1 | $ 37,000 | $ 37,000 | $ 0 |
| Greenville-Mauldin-Easley, SC | 1 | $ 26,000 | $ 26,000 | $ 0 |
| Holland-Grand Haven, MI | 1 | $ 66,000 | $ 66,000 | $ 0 |
| Huntington-Ashland, WV-KY-OH | 1 | $ 27,000 | $ 27,000 | $ 0 |
| Huntsville, AL | 1 | $ 37,000 | $ 37,000 | $ 0 |
| Johnstown, PA | 1 | $ 9,000 | $ 9,000 | $ 0 |
| Kansas City, MO-KS | 1 | $ 71,000 | $ 71,000 | $ 0 |
| Lakeland, FL | 1 | $ 9,000 | $ 9,000 | $ 0 |
| Las Vegas-Paradise, NV | 1 | $ 68,000 | $ 68,000 | $ 0 |
| Lawton, OK | 1 | $ 31,000 | $ 31,000 | $ 0 |
| Macon, GA | 1 | $ 23,000 | $ 23,000 | $ 0 |
| Midland, TX | 1 | $ 30,000 | $ 30,000 | $ 0 |
| Montgomery, AL | 1 | $ 40,000 | $ 40,000 | $ 0 |
| Ocala, FL | 1 | $ 30,000 | $ 30,000 | $ 32,000 |
| Palm Bay-Melbourne-Titusville, FL | 1 | $ 39,000 | $ 39,000 | $ 0 |
| Pensacola-Ferry Pass-Brent, FL | 1 | $ 51,000 | $ 51,000 | $ 0 |
| Philadelphia, PA | 1 | $ 38,000 | $ 38,000 | $ 0 |
| Raleigh-Cary, NC | 1 | $ 45,000 | $ 45,000 | $ 0 |
| Redding, CA | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Roanoke, VA | 1 | $ 118,000 | $ 118,000 | $ 0 |
| Rome, GA | 1 | $ 27,000 | $ 27,000 | $ 0 |
| Savannah, GA | 1 | $ 22,000 | $ 22,000 | $ 0 |
| Scranton--Wilkes-Barre, PA | 1 | $ 11,000 | $ 11,000 | $ 0 |
| Spartanburg, SC | 1 | $ 20,000 | $ 20,000 | $ 52,000 |
| St. Joseph, MO-KS | 1 | $ 36,000 | $ 36,000 | $ 0 |
| Syracuse, NY | 1 | $ 17,000 | $ 17,000 | $ 0 |
| Tallahassee, FL | 1 | $ 37,000 | $ 37,000 | $ 0 |
| Waco, TX | 1 | $ 23,000 | $ 23,000 | $ 0 |
Mortgage Loan Application Detail Totals for First National Acceptance Company in 2007
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 | 323 | $11,281,000 | $34,000 | $206,000 | $0 | $0 |
| Refinancing | 146 | $5,664,000 | $38,000 | $186,000 | $0 | $9,000 |
| Home Improvement | 46 | $2,048,000 | $44,000 | $158,000 | $5,000 | $52,000 |
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 |
|---|---|---|---|---|---|---|
| Not applicable | 507 | $18,762,000 | $37,000 | $206,000 | $0 | $0 |
| American Indian or Alaskan Native | 3 | $64,000 | $21,000 | $30,000 | $23,000 | $32,000 |
| Hispanic | 2 | $80,000 | $40,000 | $41,000 | $32,000 | $34,000 |
| White | 2 | $42,000 | $21,000 | $22,000 | $38,000 | $52,000 |
| Not Provided | 1 | $45,000 | $45,000 | $45,000 | $39,000 | $39,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 0 | $0 | $0 | $0 | $0 | $0 |
| Black or African American | 0 | $0 | $0 | $0 | $0 | $0 |
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) | 515 | $18,993,000 | $36,000 | $206,000 | $0 | $52,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 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 Purchased By The Institution | 507 | $18,762,000 | $37,000 | $206,000 | $0 | $0 |
| Loan Originated | 8 | $231,000 | $28,000 | $45,000 | $31,000 | $52,000 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Denied By Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Withdrawn By Applicant | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 First National Acceptance Company's 2007 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 National Acceptance Company'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.
For a list of all lenders in Michigan, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About