Franklin Bank, N.A.
Mortgage Loan Application
Totals and Details
for 2003
Find mortgage loan statistics, lending data, and loan application totals for Michigan.
The mortgage statistics and data below are specific to mortgage loan applications for Franklin Bank, N.A..
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.
| Mortgage Company & Address | Franklin Bank, N.A. 24725 W 12 Mile Road Southfield, MI 48034 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2003 |
| Total Number of Mortgage Applications | 5,391 |
| Total Mortgage Loan Application Amount | $95,408,000 |
| Average Mortgage Loan Application Amount | $398,700 |
| Highest Mortgage Loan Application Amount | $3,275,000 |
| Average Applicant Income | $88,100 |
| Highest Applicant Income | $900,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MI, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Wayne County Michigan | 3,167 | $ 27,659,000 | $ 8,000 | $ 58,000 |
| Oakland County Michigan | 604 | $ 26,278,000 | $ 43,000 | $ 100,000 |
| Macomb County Michigan | 373 | $ 3,506,000 | $ 9,000 | $ 58,000 |
| Kent County Michigan | 295 | $ 1,327,000 | $ 4,000 | $ 51,000 |
| Washtenaw County Michigan | 133 | $ 2,092,000 | $ 15,000 | $ 66,000 |
| Genesee County Michigan | 89 | $ 832,000 | $ 9,000 | $ 52,000 |
| St. Clair County Michigan | 53 | $ 217,000 | $ 4,000 | $ 48,000 |
| Kalamazoo County Michigan | 52 | $ 225,000 | $ 4,000 | $ 40,000 |
| Muskegon County Michigan | 46 | $ 246,000 | $ 5,000 | $ 62,000 |
| Livingston County Michigan | 37 | $ 680,000 | $ 18,000 | $ 81,000 |
| Calhoun County Michigan | 29 | $ 122,000 | $ 4,000 | $ 38,000 |
| Jackson County Michigan | 29 | $ 144,000 | $ 4,000 | $ 40,000 |
| Montcalm County Michigan | 27 | $ 130,000 | $ 4,000 | $ 57,000 |
| Monroe County Michigan | 26 | $ 120,000 | $ 4,000 | $ 54,000 |
| Ottawa County Michigan | 26 | $ 102,000 | $ 3,000 | $ 79,000 |
| Saginaw County Michigan | 26 | $ 168,000 | $ 6,000 | $ 43,000 |
| Ingham County Michigan | 25 | $ 699,000 | $ 27,000 | $ 67,000 |
| Cuyahoga County Ohio | 25 | $ 10,785,000 | $ 431,000 | $ 0 |
| Berrien County Michigan | 22 | $ 852,000 | $ 38,000 | $ 70,000 |
| Lapeer County Michigan | 20 | $ 730,000 | $ 36,000 | $ 87,000 |
| Allegan County Michigan | 17 | $ 77,000 | $ 4,000 | $ 66,000 |
| Newaygo County Michigan | 17 | $ 76,000 | $ 4,000 | $ 34,000 |
| Lenawee County Michigan | 16 | $ 150,000 | $ 9,000 | $ 55,000 |
| Barry County Michigan | 15 | $ 535,000 | $ 35,000 | $ 55,000 |
| Sanilac County Michigan | 12 | $ 46,000 | $ 3,000 | $ 63,000 |
| Ionia County Michigan | 11 | $ 48,000 | $ 4,000 | $ 48,000 |
| Van Buren County Michigan | 11 | $ 83,000 | $ 7,000 | $ 37,000 |
| Bay County Michigan | 10 | $ 50,000 | $ 5,000 | $ 31,000 |
| Eaton County Michigan | 10 | $ 50,000 | $ 5,000 | $ 50,000 |
| Cass County Michigan | 9 | $ 42,000 | $ 4,000 | $ 24,000 |
| Grand Traverse County Michigan | 9 | $ 37,000 | $ 4,000 | $ 38,000 |
| St. Joseph County Michigan | 8 | $ 32,000 | $ 4,000 | $ 55,000 |
| Clinton County Michigan | 7 | $ 62,000 | $ 8,000 | $ 72,000 |
| Hillsdale County Michigan | 7 | $ 25,000 | $ 3,000 | $ 49,000 |
| Tuscola County Michigan | 7 | $ 52,000 | $ 7,000 | $ 54,000 |
| Geauga County Ohio | 7 | $ 2,961,000 | $ 423,000 | $ 5,000 |
| Huron County Michigan | 6 | $ 30,000 | $ 5,000 | $ 26,000 |
| Osceola County Michigan | 6 | $ 33,000 | $ 5,000 | $ 36,000 |
| Cook County Illinois | 5 | $ 2,818,000 | $ 563,000 | $ 362,000 |
| Mason County Michigan | 5 | $ 13,000 | $ 2,000 | $ 26,000 |
| Oceana County Michigan | 5 | $ 23,000 | $ 4,000 | $ 23,000 |
| Shiawassee County Michigan | 5 | $ 29,000 | $ 5,000 | $ 38,000 |
| Lake County Illinois | 4 | $ 1,898,000 | $ 474,000 | $ 186,000 |
| Cheboygan County Michigan | 4 | $ 9,000 | $ 2,000 | $ 35,000 |
| Leelanau County Michigan | 4 | $ 9,000 | $ 2,000 | $ 40,000 |
| Otsego County Michigan | 4 | $ 10,000 | $ 2,000 | $ 51,000 |
| Alpena County Michigan | 3 | $ 11,000 | $ 3,000 | $ 40,000 |
| Branch County Michigan | 3 | $ 13,000 | $ 4,000 | $ 45,000 |
| Iron County Michigan | 3 | $ 10,000 | $ 3,000 | $ 45,000 |
| Marquette County Michigan | 3 | $ 14,000 | $ 4,000 | $ 47,000 |
| Mecosta County Michigan | 3 | $ 8,000 | $ 2,000 | $ 30,000 |
| Wexford County Michigan | 3 | $ 15,000 | $ 5,000 | $ 18,000 |
| Lake County Ohio | 3 | $ 1,337,000 | $ 445,000 | $ 0 |
| Portage County Ohio | 3 | $ 1,145,000 | $ 381,000 | $ 0 |
| Summit County Ohio | 3 | $ 1,160,000 | $ 386,000 | $ 0 |
| Alcona County Michigan | 2 | $ 6,000 | $ 3,000 | $ 41,000 |
| Antrim County Michigan | 2 | $ 12,000 | $ 6,000 | $ 22,000 |
| Charlevoix County Michigan | 2 | $ 10,000 | $ 5,000 | $ 50,000 |
| Crawford County Michigan | 2 | $ 6,000 | $ 3,000 | $ 16,000 |
| Emmet County Michigan | 2 | $ 4,000 | $ 2,000 | $ 28,000 |
| Gratiot County Michigan | 2 | $ 13,000 | $ 6,000 | $ 69,000 |
| Iosco County Michigan | 2 | $ 8,000 | $ 4,000 | $ 22,000 |
| Lake County Michigan | 2 | $ 7,000 | $ 3,000 | $ 50,000 |
| Manistee County Michigan | 2 | $ 12,000 | $ 6,000 | $ 50,000 |
| Roscommon County Michigan | 2 | $ 6,000 | $ 3,000 | $ 37,000 |
| Clermont County Ohio | 2 | $ 731,000 | $ 365,000 | $ 83,000 |
| Hamilton County Ohio | 2 | $ 1,161,000 | $ 580,000 | $ 154,000 |
| Broward County Florida | 1 | $ 428,000 | $ 428,000 | $ 0 |
| Orange County Florida | 1 | $ 410,000 | $ 410,000 | $ 0 |
| Benzie County Michigan | 1 | $ 8,000 | $ 8,000 | $ 24,000 |
| Dickinson County Michigan | 1 | $ 2,000 | $ 2,000 | $ 45,000 |
| Gladwin County Michigan | 1 | $ 1,000 | $ 1,000 | $ 26,000 |
| Isabella County Michigan | 1 | $ 4,000 | $ 4,000 | $ 87,000 |
| Kalkaska County Michigan | 1 | $ 13,000 | $ 13,000 | $ 40,000 |
| Midland County Michigan | 1 | $ 7,000 | $ 7,000 | $ 8,000 |
| Ogemaw County Michigan | 1 | $ 2,000 | $ 2,000 | $ 38,000 |
| Delaware County Ohio | 1 | $ 524,000 | $ 524,000 | $ 428,000 |
| Fairfield County Ohio | 1 | $ 573,000 | $ 573,000 | $ 0 |
| Franklin County Ohio | 1 | $ 360,000 | $ 360,000 | $ 100,000 |
| Lorain County Ohio | 1 | $ 351,000 | $ 351,000 | $ 48,000 |
| Warren County Ohio | 1 | $ 530,000 | $ 530,000 | $ 0 |
| Beaufort County South Carolina | 1 | $ 394,000 | $ 394,000 | $ 0 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Michigan,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Franklin Bank, N.A. in 2003
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 Improvement (one-to-four family) | 5,248 | $31,882,000 | $6,000 | $319,000 | $52,000 | $900,000 |
| Refinancing (home purchase or home improvement, one-to-four family) | 113 | $49,322,000 | $460,750 | $3,275,000 | $129,750 | $850,000 |
| Home Purchase (one-to-four family) | 28 | $13,639,000 | $464,000 | $2,000,000 | $77,500 | $677,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 2 | $565,000 | $282,000 | $350,000 | $0 | $0 |
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 | 2,568 | $45,589,000 | $331,666 | $2,000,000 | $154,000 | $900,000 |
| Black | 2,530 | $18,007,000 | $183,000 | $490,000 | $75,000 | $825,000 |
| Hispanic | 126 | $656,000 | $5,000 | $19,000 | $59,000 | $636,000 |
| Not applicable | 57 | $22,206,000 | $468,800 | $949,000 | $180,000 | $850,000 |
| Other | 57 | $1,306,000 | $22,000 | $620,000 | $73,000 | $208,000 |
| Asian or Pacific Islander | 26 | $1,065,000 | $40,000 | $493,000 | $57,000 | $120,000 |
| American Indian or Alaskan Native | 20 | $567,000 | $232,000 | $459,000 | $96,500 | $145,000 |
| Information not provided by applicant in mail or telephone application | 7 | $6,012,000 | $709,500 | $3,275,000 | $87,500 | $529,000 |
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) | 5,391 | $95,408,000 | $356,200 | $3,275,000 | $82,000 | $900,000 |
| 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 |
|---|---|---|---|---|---|---|
| Application Denied By Financial Institution | 3,088 | $20,383,000 | $6,000 | $2,000,000 | $47,000 | $636,000 |
| Loan Originated | 1,413 | $15,321,000 | $10,000 | $2,000,000 | $63,000 | $900,000 |
| Application Approved But Not Accepted | 778 | $6,291,000 | $8,000 | $235,000 | $53,000 | $411,000 |
| Loan Purchased By The Institution | 93 | $42,892,000 | $452,600 | $992,000 | $92,800 | $850,000 |
| Application Withdrawn By Applicant | 18 | $10,034,000 | $557,000 | $3,275,000 | $95,000 | $529,000 |
| File Closed For Incompleteness | 1 | $487,000 | $487,000 | $487,000 | $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 |
|---|---|---|---|---|---|---|
| Credit History | 3,079 | $17,619,000 | $5,000 | $319,000 | $46,000 | $636,000 |
| Debt-To-Income Ratio | 5 | $306,000 | $61,000 | $94,000 | $54,000 | $54,000 |
| Collateral | 4 | $2,458,000 | $614,000 | $2,000,000 | $74,000 | $240,000 |
| Credit Application Incomplete | 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 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MI, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Michigan, and search similar information at your convenience.