Franklin Bank, N.A.
HMDA Loan Application Totals
and Mortgage Lending Details
for 2003
Franklin Bank, N.A. 2003 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 | 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 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2003 with Franklin Bank, N.A.. 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 Franklin Bank, N.A.'s lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2003 breaks down Franklin Bank, N.A.'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 Franklin Bank, N.A. serves its applicants.
Each category highlights the total number of mortgage applications processed by Franklin Bank, N.A., 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 Franklin Bank, N.A.'s mortgage activity for 2003.
| 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 |
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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Franklin Bank, N.A.'s 2003 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 Franklin Bank, N.A.'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.