Flagstar Bank Mortgage Lending & HMDA Data, 2008

In 2008, Flagstar Bank of Troy, MI reported 236,148 mortgage applications totaling $47.1 billion, up 13% from 2007. The average application was for $199,494, and applicants reported an average income of $82,334. 50% of its applications resulted in an originated loan and 19% were denied. Its largest markets were Warren-Troy-Farmington Hills, MI (6,140), Houston-Sugar Land-Baytown, TX (6,010) and Los Angeles-Long Beach-Glendale, CA (5,796) (applications in parentheses).

Mortgage Company & Address Flagstar Bank
5151 Corporate Dr
Troy, MI 48098
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 236,148
Total Mortgage Loan Application Amount $47,110,155,000
Average Mortgage Loan Application Amount $199,494
Highest Mortgage Loan Application Amount $3,570,000
Average Applicant Income $82,334
Highest Applicant Income $5,520,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Flagstar Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Flagstar Bank by Metropolitan Area in 2008

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 6,140 $ 973,831,000 $ 158,604 $ 78,000
Houston-Sugar Land-Baytown, TX 6,010 $ 997,777,000 $ 166,019 $ 95,000
Los Angeles-Long Beach-Glendale, CA 5,796 $ 1,900,922,000 $ 327,971 $ 102,000
Phoenix-Mesa-Scottsdale, AZ 5,326 $ 1,111,201,000 $ 208,637 $ 93,000
Atlanta-Sandy Springs-Marietta, GA 5,173 $ 932,111,000 $ 180,187 $ 78,000
Chicago-Naperville-Joliet, IL 4,948 $ 1,095,655,000 $ 221,433 $ 85,000
Seattle-Bellevue-Everett, WA 4,851 $ 1,417,135,000 $ 292,132 $ 98,000
Dallas-Plano-Irving, TX 4,521 $ 809,339,000 $ 179,017 $ 95,000
St. Louis, MO-IL 4,426 $ 662,872,000 $ 149,767 $ 64,384
Riverside-San Bernardino-Ontario, CA 4,238 $ 1,034,179,000 $ 244,025 $ 96,000
Denver-Aurora, CO 3,592 $ 795,008,000 $ 221,327 $ 92,000
New York-White Plains-Wayne, NY-NJ 3,434 $ 1,203,478,000 $ 350,459 $ 112,619
Baltimore-Towson, MD 3,406 $ 755,715,000 $ 221,877 $ 76,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 3,167 $ 884,619,000 $ 279,323 $ 90,078
Detroit-Livonia-Dearborn, MI 3,122 $ 368,195,000 $ 117,935 $ 67,000
Miami-Miami Beach-Kendall, FL 2,849 $ 633,229,000 $ 222,263 $ 92,000
San Diego-Carlsbad-San Marcos, CA 2,683 $ 839,816,000 $ 313,013 $ 116,000
Portland-Vancouver-Beaverton, OR-WA 2,503 $ 614,705,000 $ 245,587 $ 102,520
Fort Worth-Arlington, TX 2,303 $ 362,019,000 $ 157,194 $ 87,000
Sacramento--Arden-Arcade--Roseville, CA 2,300 $ 585,047,000 $ 254,368 $ 103,000
Oakland-Fremont-Hayward, CA 2,266 $ 753,944,000 $ 332,720 $ 118,000
Orlando-Kissimmee, FL 2,235 $ 434,669,000 $ 194,482 $ 82,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 2,192 $ 454,918,000 $ 207,535 $ 98,000
Tucson, AZ 2,157 $ 410,970,000 $ 190,528 $ 78,000
Charlotte-Gastonia-Concord, NC-SC 2,098 $ 351,709,000 $ 167,640 $ 69,490
Santa Ana-Anaheim-Irvine, CA 2,087 $ 736,365,000 $ 352,834 $ 121,000
Austin-Round Rock, TX 2,078 $ 408,704,000 $ 196,681 $ 100,000
Philadelphia, PA 2,071 $ 380,904,000 $ 183,922 $ 75,000
Tampa-St. Petersburg-Clearwater, FL 2,019 $ 347,291,000 $ 172,011 $ 78,000
Las Vegas-Paradise, NV 1,968 $ 427,039,000 $ 216,991 $ 99,000
Tacoma, WA 1,874 $ 456,204,000 $ 243,438 $ 82,000
Kansas City, MO-KS 1,675 $ 247,483,000 $ 147,751 $ 70,085
Grand Rapids-Wyoming, MI 1,669 $ 211,079,000 $ 126,470 $ 58,000
San Antonio, TX 1,593 $ 242,871,000 $ 152,461 $ 80,000
Nassau-Suffolk, NY 1,577 $ 509,894,000 $ 323,331 $ 109,000
Indianapolis-Carmel, IN 1,575 $ 248,516,000 $ 157,787 $ 77,000
West Palm Beach-Boca Raton-Boynton Beach, FL 1,442 $ 298,651,000 $ 207,108 $ 104,000
Newark-Union, NJ-PA 1,439 $ 408,632,000 $ 283,969 $ 97,161
Edison-New Brunswick, NJ 1,363 $ 375,182,000 $ 275,261 $ 100,000
Providence-New Bedford-Fall River, RI-MA 1,351 $ 318,918,000 $ 236,060 $ 84,218
Cleveland-Elyria-Mentor, OH 1,321 $ 171,486,000 $ 129,815 $ 63,000
Columbus, OH 1,321 $ 204,260,000 $ 154,625 $ 73,000
Jacksonville, FL 1,307 $ 229,892,000 $ 175,892 $ 72,000
Salt Lake City, UT 1,293 $ 303,375,000 $ 234,628 $ 95,000
Milwaukee-Waukesha-West Allis, WI 1,232 $ 199,791,000 $ 162,168 $ 63,000
New Orleans-Metairie-Kenner, LA 1,215 $ 199,783,000 $ 164,430 $ 76,000
Nashville-Davidson--Murfreesboro--Franklin, TN 1,201 $ 202,633,000 $ 168,720 $ 65,000
Lansing-East Lansing, MI 1,183 $ 143,313,000 $ 121,143 $ 58,000
Fresno, CA 1,172 $ 238,514,000 $ 203,510 $ 83,000
Pittsburgh, PA 1,095 $ 138,272,000 $ 126,275 $ 64,000
Lake County-Kenosha County, IL-WI 1,069 $ 199,441,000 $ 186,567 $ 74,343
Hartford-West Hartford-East Hartford, CT 1,034 $ 224,126,000 $ 216,756 $ 84,000
Birmingham-Hoover, AL 1,022 $ 155,753,000 $ 152,400 $ 71,000
San Jose-Sunnyvale-Santa Clara, CA 982 $ 384,115,000 $ 391,155 $ 138,000
Spokane, WA 975 $ 177,391,000 $ 181,939 $ 77,000
Raleigh-Cary, NC 957 $ 170,400,000 $ 178,056 $ 70,000
Richmond, VA 947 $ 186,465,000 $ 196,900 $ 69,000
Cincinnati-Middletown, OH-KY-IN 935 $ 140,224,000 $ 149,972 $ 67,151
Memphis, TN-MS-AR 923 $ 131,446,000 $ 142,411 $ 70,475
San Francisco-San Mateo-Redwood City, CA 916 $ 383,872,000 $ 419,074 $ 141,000
Virginia Beach-Norfolk-Newport News, VA-NC 905 $ 184,362,000 $ 203,714 $ 66,220
Minneapolis-St. Paul-Bloomington, MN-WI 882 $ 179,825,000 $ 203,883 $ 75,523
Boston-Quincy, MA 877 $ 248,492,000 $ 283,343 $ 95,000
Oxnard-Thousand Oaks-Ventura, CA 861 $ 291,735,000 $ 338,832 $ 113,000
Columbia, SC 857 $ 125,795,000 $ 146,785 $ 66,000
Gary, IN 853 $ 126,543,000 $ 148,350 $ 66,000
Ann Arbor, MI 774 $ 140,846,000 $ 181,971 $ 88,000
Camden, NJ 752 $ 150,792,000 $ 200,521 $ 77,000
Port St. Lucie, FL 685 $ 115,881,000 $ 169,169 $ 84,000
Charleston-North Charleston-Summerville, SC 678 $ 126,390,000 $ 186,415 $ 71,000
Palm Bay-Melbourne-Titusville, FL 676 $ 104,269,000 $ 154,244 $ 70,000
Omaha-Council Bluffs, NE-IA 675 $ 93,664,000 $ 138,761 $ 62,807
Bethesda-Frederick-Gaithersburg, MD 674 $ 207,960,000 $ 308,545 $ 96,000
Boise City-Nampa, ID 669 $ 131,582,000 $ 196,684 $ 79,000
Baton Rouge, LA 667 $ 106,942,000 $ 160,332 $ 71,000
Albuquerque, NM 666 $ 126,969,000 $ 190,644 $ 75,000
Stockton, CA 635 $ 142,408,000 $ 224,264 $ 88,000
Cambridge-Newton-Framingham, MA 631 $ 186,819,000 $ 296,068 $ 100,000
Fort Wayne, IN 605 $ 75,736,000 $ 125,183 $ 58,000
Bakersfield, CA 602 $ 117,443,000 $ 195,088 $ 85,000
Tulsa, OK 599 $ 84,429,000 $ 140,949 $ 69,000
Jackson, MI 598 $ 60,948,000 $ 101,919 $ 51,000
Cape Coral-Fort Myers, FL 592 $ 115,323,000 $ 194,802 $ 119,000
Little Rock-North Little Rock-Conway, AR 572 $ 78,499,000 $ 137,236 $ 62,000
Salem, OR 566 $ 114,243,000 $ 201,842 $ 72,000
Greenville-Mauldin-Easley, SC 540 $ 84,927,000 $ 157,272 $ 66,000
Ogden-Clearfield, UT 530 $ 114,262,000 $ 215,588 $ 79,000
Wilmington, DE-MD-NJ 522 $ 111,466,000 $ 213,536 $ 76,427
New Haven-Milford, CT 520 $ 114,415,000 $ 220,028 $ 80,000
Flint, MI 515 $ 61,783,000 $ 119,966 $ 65,000
Tallahassee, FL 509 $ 88,514,000 $ 173,897 $ 72,000
El Paso, TX 507 $ 69,513,000 $ 137,106 $ 70,000
Houma-Bayou Cane-Thibodaux, LA 500 $ 73,762,000 $ 147,524 $ 65,000
Vallejo-Fairfield, CA 497 $ 135,088,000 $ 271,806 $ 116,000
Modesto, CA 483 $ 95,737,000 $ 198,213 $ 73,000
Dayton, OH 474 $ 59,951,000 $ 126,478 $ 60,000
Augusta-Richmond County, GA-SC 473 $ 66,980,000 $ 141,606 $ 64,403
Holland-Grand Haven, MI 466 $ 65,717,000 $ 141,023 $ 62,000
Albany-Schenectady-Troy, NY 461 $ 79,132,000 $ 171,652 $ 73,000
Provo-Orem, UT 459 $ 100,386,000 $ 218,705 $ 86,000
Poughkeepsie-Newburgh-Middletown, NY 451 $ 112,843,000 $ 250,206 $ 86,000
Myrtle Beach-North Myrtle Beach-Conway, SC 450 $ 85,799,000 $ 190,664 $ 90,000
Allentown-Bethlehem-Easton, PA-NJ 441 $ 87,084,000 $ 197,469 $ 72,643
Toledo, OH 440 $ 52,875,000 $ 120,170 $ 64,000
Bradenton-Sarasota-Venice, FL 439 $ 85,943,000 $ 195,769 $ 93,000
Worcester, MA 439 $ 99,174,000 $ 225,908 $ 78,000
Colorado Springs, CO 438 $ 92,235,000 $ 210,582 $ 81,000
Peabody, MA 437 $ 113,672,000 $ 260,118 $ 94,000
Lakeland-Winter Haven, FL 429 $ 67,271,000 $ 156,808 $ 67,000
Deltona-Daytona Beach-Ormond Beach, FL 426 $ 69,106,000 $ 162,220 $ 70,000
Bridgeport-Stamford-Norwalk, CT 425 $ 125,367,000 $ 294,981 $ 106,000
Akron, OH 421 $ 56,001,000 $ 133,019 $ 65,000
Des Moines-West Des Moines, IA 414 $ 66,267,000 $ 160,065 $ 65,000
Santa Rosa-Petaluma, CA 392 $ 120,546,000 $ 307,515 $ 116,000
Boulder, CO 388 $ 103,961,000 $ 267,940 $ 99,000
Greensboro-High Point, NC 388 $ 51,135,000 $ 131,791 $ 55,000
Wichita, KS 388 $ 45,566,000 $ 117,438 $ 57,000
Honolulu, HI 371 $ 135,710,000 $ 365,795 $ 112,000
Madison, WI 371 $ 76,375,000 $ 205,862 $ 83,000
Naples-Marco Island, FL 363 $ 85,886,000 $ 236,600 $ 121,000
Lake Havasu City-Kingman, AZ 358 $ 63,517,000 $ 177,421 $ 82,000
Yuma, AZ 351 $ 52,563,000 $ 149,752 $ 60,000
Durham, NC 345 $ 56,566,000 $ 163,959 $ 75,000
McAllen-Edinburg-Mission, TX 345 $ 50,976,000 $ 147,756 $ 81,000
Shreveport-Bossier City, LA 345 $ 43,489,000 $ 126,055 $ 55,000
Visalia-Porterville, CA 337 $ 63,665,000 $ 188,916 $ 83,000
Olympia, WA 333 $ 78,781,000 $ 236,579 $ 83,000
Bremerton-Silverdale, WA 332 $ 82,908,000 $ 249,722 $ 87,000
Huntington-Ashland, WV-KY-OH 332 $ 32,411,000 $ 97,623 $ 45,743
Kalamazoo-Portage, MI 330 $ 44,330,000 $ 134,333 $ 67,000
Wilmington, NC 330 $ 66,206,000 $ 200,624 $ 90,000
Oklahoma City, OK 329 $ 43,443,000 $ 132,045 $ 68,000
Knoxville, TN 318 $ 52,383,000 $ 164,726 $ 77,000
Rockingham County-Strafford County, NH 314 $ 74,610,000 $ 237,611 $ 92,000
Pensacola-Ferry Pass-Brent, FL 312 $ 46,686,000 $ 149,634 $ 78,000
Louisville-Jefferson County, KY-IN 306 $ 47,447,000 $ 155,055 $ 68,738
Muskegon-Norton Shores, MI 299 $ 32,888,000 $ 109,993 $ 46,000
Hagerstown-Martinsburg, MD-WV 292 $ 61,526,000 $ 210,705 $ 74,520
Lexington-Fayette, KY 291 $ 45,417,000 $ 156,072 $ 74,000
Yakima, WA 282 $ 48,032,000 $ 170,326 $ 68,000
Prescott, AZ 280 $ 62,501,000 $ 223,217 $ 95,000
Racine, WI 276 $ 44,351,000 $ 160,692 $ 54,000
Springfield, MO 274 $ 38,108,000 $ 139,080 $ 62,000
Reno-Sparks, NV 273 $ 63,798,000 $ 233,692 $ 101,000
Lancaster, PA 271 $ 45,885,000 $ 169,317 $ 70,000
Mobile, AL 269 $ 39,094,000 $ 145,330 $ 62,000
Springfield, MA 269 $ 49,347,000 $ 183,446 $ 63,000
Anchorage, AK 266 $ 64,500,000 $ 242,481 $ 85,000
Santa Fe, NM 266 $ 70,411,000 $ 264,703 $ 95,000
Jackson, MS 264 $ 30,858,000 $ 116,886 $ 64,000
Ocala, FL 264 $ 38,717,000 $ 146,655 $ 58,000
Asheville, NC 260 $ 45,250,000 $ 174,038 $ 63,000
Chico, CA 260 $ 56,111,000 $ 215,811 $ 85,000
Eugene-Springfield, OR 260 $ 55,555,000 $ 213,673 $ 85,000
Columbia, MO 258 $ 36,925,000 $ 143,120 $ 59,000
Fort Collins-Loveland, CO 257 $ 56,131,000 $ 218,408 $ 103,000
Fayetteville-Springdale-Rogers, AR-MO 254 $ 40,699,000 $ 160,232 $ 70,433
Madera, CA 243 $ 49,198,000 $ 202,460 $ 76,000
Greeley, CO 241 $ 48,552,000 $ 201,460 $ 85,000
Harrisburg-Carlisle, PA 238 $ 37,273,000 $ 156,609 $ 67,000
Kennewick-Pasco-Richland, WA 238 $ 40,848,000 $ 171,630 $ 76,000
San Luis Obispo-Paso Robles, CA 238 $ 74,538,000 $ 313,184 $ 123,000
Salinas, CA 232 $ 73,664,000 $ 317,517 $ 106,000
Appleton, WI 228 $ 32,805,000 $ 143,881 $ 60,000
South Bend-Mishawaka, IN-MI 228 $ 27,696,000 $ 121,473 $ 56,894
St. George, UT 228 $ 52,427,000 $ 229,942 $ 91,000
Niles-Benton Harbor, MI 227 $ 32,223,000 $ 141,951 $ 66,000
Idaho Falls, ID 222 $ 38,885,000 $ 175,157 $ 71,000
York-Hanover, PA 220 $ 40,364,000 $ 183,472 $ 71,000
Greenville, NC 218 $ 32,281,000 $ 148,077 $ 73,000
Spartanburg, SC 218 $ 28,098,000 $ 128,889 $ 58,000
Saginaw-Saginaw Township North, MI 217 $ 19,585,000 $ 90,253 $ 47,000
Green Bay, WI 216 $ 34,596,000 $ 160,166 $ 73,000
Merced, CA 216 $ 38,200,000 $ 176,851 $ 76,000
Santa Barbara-Santa Maria-Goleta, CA 216 $ 58,816,000 $ 272,296 $ 97,000
Grand Junction, CO 211 $ 47,027,000 $ 222,876 $ 83,000
Savannah, GA 211 $ 36,274,000 $ 171,914 $ 73,000
Beaumont-Port Arthur, TX 208 $ 25,115,000 $ 120,745 $ 65,000
Montgomery, AL 206 $ 29,107,000 $ 141,296 $ 61,000
Scranton--Wilkes-Barre, PA 206 $ 25,759,000 $ 125,043 $ 64,000
Corpus Christi, TX 205 $ 26,674,000 $ 130,117 $ 72,000
Fayetteville, NC 205 $ 26,009,000 $ 126,873 $ 59,000
Hickory-Lenoir-Morganton, NC 205 $ 26,366,000 $ 128,614 $ 57,000
Springfield, IL 205 $ 22,820,000 $ 111,317 $ 58,000
Battle Creek, MI 204 $ 21,161,000 $ 103,730 $ 50,000
Bend, OR 202 $ 53,906,000 $ 266,861 $ 121,000
Parkersburg-Marietta-Vienna, WV-OH 199 $ 19,504,000 $ 98,010 $ 46,492
Mount Vernon-Anacortes, WA 198 $ 47,358,000 $ 239,181 $ 82,000
Atlantic City-Hammonton, NJ 197 $ 44,079,000 $ 223,751 $ 95,000
Roanoke, VA 193 $ 32,127,000 $ 166,461 $ 60,000
Reading, PA 191 $ 29,621,000 $ 155,083 $ 66,000
Winston-Salem, NC 187 $ 27,116,000 $ 145,005 $ 61,000
Buffalo-Niagara Falls, NY 184 $ 25,040,000 $ 136,086 $ 73,000
Huntsville, AL 184 $ 29,999,000 $ 163,038 $ 78,000
Oshkosh-Neenah, WI 178 $ 23,862,000 $ 134,056 $ 59,000
Gainesville, GA 176 $ 33,700,000 $ 191,477 $ 75,000
Redding, CA 176 $ 38,536,000 $ 218,954 $ 82,000
Manchester-Nashua, NH 175 $ 37,665,000 $ 215,228 $ 79,000
Rochester, NY 174 $ 25,785,000 $ 148,189 $ 84,000
Chattanooga, TN-GA 168 $ 24,676,000 $ 146,880 $ 63,428
Killeen-Temple-Fort Hood, TX 168 $ 22,144,000 $ 131,809 $ 76,000
Monroe, MI 168 $ 22,540,000 $ 134,166 $ 66,000
Topeka, KS 167 $ 19,033,000 $ 113,970 $ 60,000
Norwich-New London, CT 160 $ 35,498,000 $ 221,862 $ 81,000
Pocatello, ID 160 $ 22,744,000 $ 142,150 $ 61,000
Youngstown-Warren-Boardman, OH-PA 159 $ 17,192,000 $ 108,125 $ 65,867
Bellingham, WA 155 $ 35,905,000 $ 231,645 $ 77,000
Brownsville-Harlingen, TX 155 $ 22,028,000 $ 142,116 $ 100,000
Canton-Massillon, OH 154 $ 21,030,000 $ 136,558 $ 57,000
Johnson City, TN 154 $ 24,268,000 $ 157,584 $ 70,000
Kingsport-Bristol-Bristol, TN-VA 154 $ 20,291,000 $ 131,759 $ 58,753
Portland-South Portland-Biddeford, ME 145 $ 31,612,000 $ 218,013 $ 75,000
Fort Walton Beach-Crestview-Destin, FL 144 $ 28,548,000 $ 198,250 $ 133,000
Rapid City, SD 142 $ 22,283,000 $ 156,922 $ 59,000
Rockford, IL 139 $ 18,563,000 $ 133,546 $ 60,000
Trenton-Ewing, NJ 139 $ 28,533,000 $ 205,273 $ 73,000
Coeur D'Alene, ID 136 $ 27,656,000 $ 203,352 $ 78,000
Santa Cruz-Watsonville, CA 136 $ 49,772,000 $ 365,970 $ 128,000
Columbus, GA-AL 134 $ 19,018,000 $ 141,925 $ 55,686
Wenatchee, WA 131 $ 27,958,000 $ 213,419 $ 90,000
Anderson, SC 130 $ 18,445,000 $ 141,884 $ 55,000
Lincoln, NE 130 $ 19,257,000 $ 148,130 $ 63,000
Peoria, IL 130 $ 17,072,000 $ 131,323 $ 62,000
Gainesville, FL 129 $ 19,146,000 $ 148,418 $ 70,000
Michigan City-La Porte, IN 126 $ 15,663,000 $ 124,309 $ 66,000
Palm Coast, FL 126 $ 22,070,000 $ 175,158 $ 78,000
Sebastian-Vero Beach, FL 125 $ 22,559,000 $ 180,472 $ 84,000
Panama City-Lynn Haven, FL 123 $ 23,924,000 $ 194,504 $ 108,000
Yuba City, CA 122 $ 22,504,000 $ 184,459 $ 125,000
Duluth, MN-WI 121 $ 18,146,000 $ 149,966 $ 61,454
Florence, SC 120 $ 14,221,000 $ 118,508 $ 56,000
Gulfport-Biloxi, MS 120 $ 16,518,000 $ 137,650 $ 78,000
Longview, WA 120 $ 21,351,000 $ 177,925 $ 64,000
Evansville, IN-KY 118 $ 14,371,000 $ 121,788 $ 57,991
College Station-Bryan, TX 117 $ 17,634,000 $ 150,717 $ 82,000
Amarillo, TX 116 $ 15,303,000 $ 131,922 $ 65,000
Barnstable Town, MA 116 $ 31,846,000 $ 274,534 $ 117,000
Bloomington, IN 115 $ 16,563,000 $ 144,026 $ 66,000
Pueblo, CO 113 $ 17,409,000 $ 154,061 $ 82,000
Sherman-Denison, TX 113 $ 16,968,000 $ 150,159 $ 94,000
Davenport-Moline-Rock Island, IA-IL 112 $ 14,538,000 $ 129,803 $ 66,517
Lynchburg, VA 112 $ 17,024,000 $ 152,000 $ 56,000
Elkhart-Goshen, IN 111 $ 14,079,000 $ 126,837 $ 53,000
Albany, GA 108 $ 15,965,000 $ 147,824 $ 65,000
Punta Gorda, FL 108 $ 19,793,000 $ 183,268 $ 116,000
Hanford-Corcoran, CA 107 $ 20,024,000 $ 187,140 $ 73,000
Joplin, MO 107 $ 11,965,000 $ 111,822 $ 55,000
Macon, GA 107 $ 15,839,000 $ 148,028 $ 55,000
Medford, OR 107 $ 25,223,000 $ 235,728 $ 77,000
Dover, DE 104 $ 20,478,000 $ 196,903 $ 64,000
Syracuse, NY 104 $ 14,336,000 $ 137,846 $ 70,000
Lafayette, LA 101 $ 16,350,000 $ 161,881 $ 67,000
Logan, UT-ID 101 $ 17,484,000 $ 173,108 $ 63,930
Burlington, NC 100 $ 13,226,000 $ 132,260 $ 49,000
Charlottesville, VA 100 $ 21,186,000 $ 211,860 $ 79,000
Napa, CA 98 $ 35,149,000 $ 358,663 $ 129,000
Jefferson City, MO 97 $ 11,882,000 $ 122,494 $ 53,000
Vineland-Millville-Bridgeton, NJ 97 $ 16,219,000 $ 167,206 $ 58,000
Las Cruces, NM 96 $ 15,809,000 $ 164,677 $ 63,000
Salisbury, MD 96 $ 16,007,000 $ 166,739 $ 65,000
Sioux City, IA-NE-SD 95 $ 9,193,000 $ 96,768 $ 46,231
Waterloo-Cedar Falls, IA 92 $ 11,581,000 $ 125,880 $ 65,000
El Centro, CA 91 $ 16,096,000 $ 176,879 $ 66,000
Flagstaff, AZ 90 $ 21,141,000 $ 234,900 $ 181,000
Waco, TX 90 $ 13,193,000 $ 146,588 $ 95,000
Laredo, TX 89 $ 12,893,000 $ 144,865 $ 66,000
Mansfield, OH 89 $ 9,155,000 $ 102,865 $ 56,000
Clarksville, TN-KY 88 $ 11,736,000 $ 133,363 $ 57,000
Farmington, NM 85 $ 15,126,000 $ 177,952 $ 65,000
Charleston, WV 84 $ 11,469,000 $ 136,535 $ 61,000
St. Joseph, MO-KS 84 $ 9,828,000 $ 117,000 $ 58,750
Tuscaloosa, AL 81 $ 13,030,000 $ 160,864 $ 65,000
Tyler, TX 81 $ 12,587,000 $ 155,395 $ 91,000
Pascagoula, MS 80 $ 11,912,000 $ 148,900 $ 116,000
Warner Robins, GA 80 $ 13,076,000 $ 163,450 $ 65,000
La Crosse, WI-MN 79 $ 10,299,000 $ 130,367 $ 49,493
Bay City, MI 77 $ 8,309,000 $ 107,909 $ 56,000
Hot Springs, AR 76 $ 8,985,000 $ 118,223 $ 59,000
Kingston, NY 76 $ 15,365,000 $ 202,171 $ 83,000
Ames, IA 75 $ 10,985,000 $ 146,466 $ 63,000
Missoula, MT 75 $ 17,198,000 $ 229,306 $ 91,000
Springfield, OH 75 $ 7,281,000 $ 97,080 $ 46,000
Valdosta, GA 75 $ 10,740,000 $ 143,200 $ 56,000
Longview, TX 74 $ 10,262,000 $ 138,675 $ 74,000
Utica-Rome, NY 73 $ 10,247,000 $ 140,369 $ 67,000
Ocean City, NJ 72 $ 19,774,000 $ 274,638 $ 135,000
Winchester, VA-WV 71 $ 15,325,000 $ 215,845 $ 67,633
Athens-Clarke County, GA 70 $ 11,913,000 $ 170,185 $ 81,000
Blacksburg-Christiansburg-Radford, VA 70 $ 10,361,000 $ 148,014 $ 56,000
Midland, TX 69 $ 10,488,000 $ 152,000 $ 81,000
Morristown, TN 69 $ 10,177,000 $ 147,492 $ 63,000
Rocky Mount, NC 69 $ 9,110,000 $ 132,028 $ 57,000
Weirton-Steubenville, WV-OH 69 $ 6,202,000 $ 89,884 $ 48,014
Jackson, TN 68 $ 8,168,000 $ 120,117 $ 61,000
Glens Falls, NY 67 $ 9,470,000 $ 141,343 $ 63,000
Anniston-Oxford, AL 65 $ 8,892,000 $ 136,800 $ 60,000
Auburn-Opelika, AL 65 $ 11,183,000 $ 172,046 $ 124,000
Jacksonville, NC 65 $ 10,502,000 $ 161,569 $ 69,000
Binghamton, NY 64 $ 7,399,000 $ 115,609 $ 66,000
Bismarck, ND 64 $ 9,983,000 $ 155,984 $ 68,000
Sandusky, OH 64 $ 7,714,000 $ 120,531 $ 69,000
Billings, MT 60 $ 11,399,000 $ 189,983 $ 76,000
Cleveland, TN 59 $ 8,733,000 $ 148,016 $ 56,000
Decatur, AL 56 $ 7,194,000 $ 128,464 $ 55,000
Hattiesburg, MS 56 $ 8,414,000 $ 150,250 $ 70,000
Odessa, TX 56 $ 6,738,000 $ 120,321 $ 68,000
Sumter, SC 56 $ 6,632,000 $ 118,428 $ 50,000
Cedar Rapids, IA 55 $ 7,332,000 $ 133,309 $ 58,000
Janesville, WI 55 $ 8,684,000 $ 157,890 $ 88,000
Anderson, IN 54 $ 5,394,000 $ 99,888 $ 51,000
Corvallis, OR 53 $ 11,532,000 $ 217,584 $ 77,000
Dothan, AL 51 $ 7,789,000 $ 152,725 $ 63,000
Fargo, ND-MN 49 $ 6,869,000 $ 140,183 $ 58,857
Danville, IL 48 $ 3,595,000 $ 74,895 $ 46,000
Lebanon, PA 48 $ 7,359,000 $ 153,312 $ 66,000
Lubbock, TX 48 $ 5,839,000 $ 121,645 $ 87,000
Wheeling, WV-OH 48 $ 4,969,000 $ 103,520 $ 56,125
Burlington-South Burlington, VT 47 $ 9,748,000 $ 207,404 $ 85,000
Lafayette, IN 47 $ 5,964,000 $ 126,893 $ 63,000
Champaign-Urbana, IL 46 $ 6,409,000 $ 139,326 $ 66,000
Danville, VA 46 $ 5,217,000 $ 113,413 $ 55,000
Fort Smith, AR-OK 44 $ 5,121,000 $ 116,386 $ 67,500
Harrisonburg, VA 44 $ 8,466,000 $ 192,409 $ 59,000
Sioux Falls, SD 44 $ 6,456,000 $ 146,727 $ 58,000
Brunswick, GA 43 $ 7,157,000 $ 166,441 $ 64,000
Lawrence, KS 43 $ 7,105,000 $ 165,232 $ 67,000
Altoona, PA 42 $ 4,988,000 $ 118,761 $ 45,000
Lima, OH 42 $ 4,767,000 $ 113,500 $ 53,000
Wausau, WI 42 $ 5,523,000 $ 131,500 $ 61,000
Fond Du Lac, WI 41 $ 5,354,000 $ 130,585 $ 52,000
Carson City, NV 40 $ 10,222,000 $ 255,550 $ 89,000
Lake Charles, LA 40 $ 5,786,000 $ 144,650 $ 73,000
State College, PA 40 $ 6,521,000 $ 163,025 $ 67,000
Abilene, TX 39 $ 4,285,000 $ 109,871 $ 60,000
Florence-Muscle Shoals, AL 39 $ 5,126,000 $ 131,435 $ 64,000
Johnstown, PA 38 $ 3,673,000 $ 96,657 $ 46,000
Monroe, LA 38 $ 5,455,000 $ 143,552 $ 63,000
Terre Haute, IN 38 $ 4,236,000 $ 111,473 $ 52,000
Cumberland, MD-WV 37 $ 4,405,000 $ 119,054 $ 51,756
Morgantown, WV 36 $ 5,573,000 $ 154,805 $ 81,000
Gadsden, AL 35 $ 5,258,000 $ 150,228 $ 71,000
Goldsboro, NC 35 $ 4,449,000 $ 127,114 $ 58,000
Kokomo, IN 35 $ 4,096,000 $ 117,028 $ 54,000
Muncie, IN 35 $ 5,213,000 $ 148,942 $ 65,000
Victoria, TX 35 $ 4,585,000 $ 131,000 $ 86,000
Pittsfield, MA 34 $ 6,626,000 $ 194,882 $ 75,000
Kankakee-Bradley, IL 33 $ 4,860,000 $ 147,272 $ 74,000
Dalton, GA 32 $ 4,430,000 $ 138,437 $ 53,000
Bloomington-Normal, IL 31 $ 4,995,000 $ 161,129 $ 69,000
Cheyenne, WY 31 $ 6,135,000 $ 197,903 $ 81,000
Columbus, IN 30 $ 4,755,000 $ 158,500 $ 77,000
Pine Bluff, AR 30 $ 3,160,000 $ 105,333 $ 55,000
Sheboygan, WI 30 $ 4,482,000 $ 149,400 $ 64,000
Lewiston-Auburn, ME 28 $ 4,628,000 $ 165,285 $ 64,000
Wichita Falls, TX 28 $ 3,215,000 $ 114,821 $ 72,000
Casper, WY 27 $ 5,010,000 $ 185,555 $ 72,000
Rome, GA 27 $ 3,574,000 $ 132,370 $ 51,000
San Angelo, TX 27 $ 3,555,000 $ 131,666 $ 64,000
Texarkana, Tx-Texarkana, AR 27 $ 3,496,000 $ 129,481 $ 57,111
Bangor, ME 26 $ 4,139,000 $ 159,192 $ 63,000
Erie, PA 24 $ 2,698,000 $ 112,416 $ 72,000
Fairbanks, AK 24 $ 4,819,000 $ 200,791 $ 87,000
Hinesville-Fort Stewart, GA 24 $ 3,720,000 $ 155,000 $ 67,000
Alexandria, LA 23 $ 3,267,000 $ 142,043 $ 70,000
St. Cloud, MN 23 $ 3,561,000 $ 154,826 $ 48,000
Williamsport, PA 22 $ 2,810,000 $ 127,727 $ 61,000
Elmira, NY 21 $ 1,904,000 $ 90,666 $ 66,000
Lewiston, ID-WA 20 $ 4,317,000 $ 215,850 $ 102,200
Rochester, MN 19 $ 3,801,000 $ 200,052 $ 74,000
Eau Claire, WI 18 $ 2,266,000 $ 125,888 $ 65,000
Elizabethtown, KY 18 $ 2,442,000 $ 135,666 $ 50,000
Owensboro, KY 17 $ 2,666,000 $ 156,823 $ 55,000
Great Falls, MT 16 $ 2,271,000 $ 141,937 $ 70,000
Decatur, IL 15 $ 2,136,000 $ 142,400 $ 67,000
Jonesboro, AR 15 $ 2,274,000 $ 151,600 $ 58,000
Lawton, OK 15 $ 1,875,000 $ 125,000 $ 54,000
Iowa City, IA 14 $ 2,380,000 $ 170,000 $ 73,000
Dubuque, IA 13 $ 1,443,000 $ 111,000 $ 54,000
Bowling Green, KY 11 $ 1,598,000 $ 145,272 $ 76,000
Ithaca, NY 4 $ 416,000 $ 104,000 $ 71,000
Grand Forks, ND-MN 3 $ 494,000 $ 164,666 $ 106,333
San Juan-Caguas-Guaynabo, PR 2 $ 436,000 $ 218,000 $ 65,000

Mortgage Loan Application Detail Totals for Flagstar Bank in 2008

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 123,079 $25,244,246,000 $205,000 $2,265,000 $80,000 $4,320,000
Home Purchase 106,016 $20,480,814,000 $193,000 $3,570,000 $85,000 $5,520,000
Home Improvement 7,053 $1,385,095,000 $196,000 $2,044,000 $83,000 $1,740,000

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 155,357 $30,824,664,000 $198,000 $3,570,000 $86,000 $4,379,000
Black or African American 25,185 $4,308,006,000 $171,000 $2,000,000 $65,000 $3,462,000
Hispanic 23,314 $4,668,145,000 $200,000 $1,425,000 $71,000 $5,520,000
Not Provided 21,059 $4,472,817,000 $212,000 $2,044,000 $82,000 $4,787,000
Asian 7,357 $1,983,109,000 $269,000 $1,665,000 $103,000 $3,680,000
Not applicable 2,108 $457,581,000 $217,000 $1,750,000 $88,000 $1,266,000
Native Hawaiian or Other Pacific Islander 1,018 $255,393,000 $250,000 $1,175,000 $85,000 $456,000
American Indian or Alaskan Native 750 $140,440,000 $187,000 $710,000 $76,000 $576,000

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) 145,480 $31,545,145,000 $216,000 $3,570,000 $95,000 $5,520,000
FHA-insured (Federal Housing Administration) 84,587 $14,497,416,000 $171,000 $1,280,000 $62,000 $1,454,000
VA-guaranteed (Veterans Administration) 4,684 $922,878,000 $197,000 $729,000 $66,000 $385,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1,397 $144,716,000 $103,000 $400,000 $40,000 $117,000

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 118,176 $23,323,482,000 $197,000 $1,948,000 $83,000 $4,320,000
Application Denied By Financial Institution 44,528 $9,184,553,000 $206,000 $3,570,000 $81,000 $4,787,000
Application Approved But Not Accepted 44,273 $9,047,868,000 $204,000 $2,925,000 $84,000 $5,520,000
Loan Purchased By The Institution 22,340 $4,445,803,000 $199,000 $934,000 $87,000 $4,379,000
Preapproval Approved but not Accepted 3,560 $579,771,000 $162,000 $888,000 $61,000 $614,000
Preapproval Denied by Financial Institution 2,884 $449,225,000 $155,000 $930,000 $56,000 $629,000
File Closed For Incompleteness 387 $79,453,000 $205,000 $1,313,000 $107,000 $1,376,000
Application Withdrawn By Applicant 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
Other 16,539 $3,475,240,000 $210,000 $3,570,000 $92,000 $4,787,000
Credit History 11,462 $1,943,138,000 $169,000 $2,000,000 $60,000 $2,520,000
Debt-To-Income Ratio 8,969 $1,991,249,000 $222,000 $2,000,000 $61,000 $803,000
Collateral 5,373 $1,081,573,000 $201,000 $2,153,000 $93,000 $3,620,000
Unverifiable Information 2,443 $586,144,000 $239,000 $2,000,000 $112,000 $1,492,000
Mortgage Insurance Denied 1,448 $325,753,000 $224,000 $676,000 $84,000 $672,000
Insufficient Cash (Downpayment, Closing Cost) 680 $134,690,000 $198,000 $1,800,000 $79,000 $717,000
Employment History 393 $76,844,000 $195,000 $1,665,000 $70,000 $768,000
Credit Application Incomplete 105 $19,147,000 $182,000 $708,000 $82,000 $1,440,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Flagstar Bank's 2008 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 Flagstar 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.
For a list of all lenders in Michigan, download the full spreadsheet with aggregated HMDA statistics today.

Download the Michigan Lender List