Hall Financial Mortgage Lending & HMDA Data, 2025
In 2025, Hall Financial of Troy, MI reported 1,832 mortgage applications totaling $407.1 million, down 74% from 2024. The average application was for $222,227, and applicants reported an average income of $82,589. 0% of its applications resulted in an originated loan and 21% were denied. Its largest markets were Warren-Troy-Farmington Hills, MI (228), Detroit-Dearborn-Livonia, MI (155) and Columbus, OH (63) (applications in parentheses).
| Mortgage Company & Address | Hall Financial 888 W Big Beaver Rd, Suite 800 Troy, MI 48083 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 2017 2016 |
| Total Number of Mortgage Applications | 1,832 |
| Total Mortgage Loan Application Amount | $407,120,000 |
| Average Mortgage Loan Application Amount | $222,227 |
| Highest Mortgage Loan Application Amount | $1,685,000 |
| Average Applicant Income | $82,589 |
| Highest Applicant Income | $3,444,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Hall Financial filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Outside any metro area | 230 | $ 41,220,000 | $ 179,217 | $ 69,391 |
| Warren-Troy-Farmington Hills, MI | 228 | $ 58,920,000 | $ 258,421 | $ 99,000 |
| Detroit-Dearborn-Livonia, MI | 155 | $ 27,305,000 | $ 176,161 | $ 71,000 |
| Columbus, OH | 63 | $ 14,075,000 | $ 223,412 | $ 78,000 |
| Philadelphia, PA | 58 | $ 12,760,000 | $ 220,000 | $ 65,000 |
| Denver-Aurora-Lakewood, CO | 55 | $ 17,025,000 | $ 309,545 | $ 80,000 |
| Pittsburgh, PA | 54 | $ 9,840,000 | $ 182,222 | $ 62,000 |
| Orlando-Kissimmee-Sanford, FL | 53 | $ 14,955,000 | $ 282,169 | $ 94,000 |
| Cleveland, OH | 49 | $ 8,795,000 | $ 179,489 | $ 69,000 |
| Tampa, FL | 46 | $ 12,010,000 | $ 261,086 | $ 86,000 |
| Grand Rapids-Wyoming, MI | 45 | $ 10,195,000 | $ 226,555 | $ 70,000 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 40 | $ 10,720,000 | $ 268,000 | $ 90,000 |
| Montgomery County-Bucks County-Chester County, PA | 36 | $ 10,340,000 | $ 287,222 | $ 90,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 35 | $ 11,615,000 | $ 331,857 | $ 125,000 |
| Memphis, TN-MS-AR | 35 | $ 6,985,000 | $ 199,571 | $ 172,000 |
| Cincinnati, OH-KY-IN | 31 | $ 5,455,000 | $ 175,967 | $ 60,000 |
| Knoxville, TN | 29 | $ 5,915,000 | $ 203,965 | $ 59,000 |
| Ann Arbor, MI | 26 | $ 7,490,000 | $ 288,076 | $ 183,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 25 | $ 6,905,000 | $ 276,200 | $ 86,000 |
| Flint, MI | 22 | $ 4,090,000 | $ 185,909 | $ 92,000 |
| Jacksonville, FL | 22 | $ 4,870,000 | $ 221,363 | $ 64,000 |
| Lansing-East Lansing, MI | 21 | $ 4,245,000 | $ 202,142 | $ 70,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 20 | $ 5,000,000 | $ 250,000 | $ 104,000 |
| Miami-Miami Beach-Kendall, FL | 19 | $ 6,535,000 | $ 343,947 | $ 125,000 |
| Toledo, OH | 19 | $ 2,435,000 | $ 128,157 | $ 57,000 |
| Dayton-Springfield-Kettering, OH | 16 | $ 2,660,000 | $ 166,250 | $ 60,000 |
| Scranton--Wilkes-Barre--Hazleton, PA | 15 | $ 2,895,000 | $ 193,000 | $ 79,000 |
| Youngstown-Warren-Boardman, OH-PA | 15 | $ 2,525,000 | $ 168,333 | $ 71,000 |
| Colorado Springs, CO | 14 | $ 3,770,000 | $ 269,285 | $ 87,000 |
| Gainesville, FL | 14 | $ 2,130,000 | $ 152,142 | $ 62,000 |
| Saginaw, MI | 12 | $ 1,590,000 | $ 132,500 | $ 52,000 |
| Cape Coral-Fort Myers, FL | 11 | $ 2,435,000 | $ 221,363 | $ 57,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 11 | $ 2,535,000 | $ 230,454 | $ 77,000 |
| Gettysburg, PA | 11 | $ 2,435,000 | $ 221,363 | $ 70,000 |
| Harrisburg-Carlisle, PA | 11 | $ 2,505,000 | $ 227,727 | $ 66,000 |
| Monroe, MI | 11 | $ 2,305,000 | $ 209,545 | $ 62,000 |
| Pensacola-Ferry Pass-Brent, FL | 11 | $ 1,765,000 | $ 160,454 | $ 106,000 |
| Canton-Massillon, OH | 10 | $ 2,000,000 | $ 200,000 | $ 71,000 |
| Chattanooga, TN-GA | 10 | $ 2,470,000 | $ 247,000 | $ 56,000 |
| Lakeland-Winter Haven, FL | 10 | $ 2,880,000 | $ 288,000 | $ 92,000 |
| Muskegon, MI | 10 | $ 1,760,000 | $ 176,000 | $ 49,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 9 | $ 1,395,000 | $ 155,000 | $ 67,000 |
| Jackson, MI | 9 | $ 1,465,000 | $ 162,777 | $ 64,000 |
| Lancaster, PA | 9 | $ 1,785,000 | $ 198,333 | $ 66,000 |
| North Port-Sarasota-Bradenton, FL | 9 | $ 2,055,000 | $ 228,333 | $ 81,000 |
| St. Petersburg-Clearwater-Largo, FL | 9 | $ 2,635,000 | $ 292,777 | $ 99,000 |
| Tallahassee, FL | 9 | $ 1,715,000 | $ 190,555 | $ 73,000 |
| Akron, OH | 8 | $ 1,480,000 | $ 185,000 | $ 67,000 |
| Johnson City, TN | 8 | $ 2,100,000 | $ 262,500 | $ 64,000 |
| Ocala, FL | 8 | $ 1,430,000 | $ 178,750 | $ 74,000 |
| York-Hanover, PA | 8 | $ 1,840,000 | $ 230,000 | $ 57,000 |
| Battle Creek, MI | 7 | $ 1,315,000 | $ 187,857 | $ 50,000 |
| Palm Bay-Melbourne-Titusville, FL | 7 | $ 1,955,000 | $ 279,285 | $ 112,000 |
| Erie, PA | 6 | $ 1,150,000 | $ 191,666 | $ 72,000 |
| Kalamazoo-Portage, MI | 6 | $ 840,000 | $ 140,000 | $ 54,000 |
| Traverse City, MI | 6 | $ 1,350,000 | $ 225,000 | $ 94,000 |
| Bay City, MI | 5 | $ 665,000 | $ 133,000 | $ 48,000 |
| Clarksville, TN-KY | 5 | $ 1,195,000 | $ 239,000 | $ 67,000 |
| Morristown, TN | 5 | $ 1,335,000 | $ 267,000 | $ 110,000 |
| Niles-Benton Harbor, MI | 5 | $ 955,000 | $ 191,000 | $ 51,000 |
| Port St. Lucie, FL | 5 | $ 985,000 | $ 197,000 | $ 73,000 |
| Pueblo, CO | 5 | $ 1,295,000 | $ 259,000 | $ 74,000 |
| St. Cloud, MN | 5 | $ 1,055,000 | $ 211,000 | $ 109,000 |
| Grand Junction, CO | 4 | $ 1,850,000 | $ 462,500 | $ 127,000 |
| Greeley, CO | 4 | $ 1,350,000 | $ 337,500 | $ 75,000 |
| Homosassa Springs, FL | 4 | $ 810,000 | $ 202,500 | $ 49,000 |
| Panama City, FL | 4 | $ 920,000 | $ 230,000 | $ 70,000 |
| Reading, PA | 4 | $ 1,070,000 | $ 267,500 | $ 101,000 |
| Boulder, CO | 3 | $ 895,000 | $ 298,333 | $ 76,000 |
| Cleveland, TN | 3 | $ 535,000 | $ 178,333 | $ 112,000 |
| Dallas-Plano-Irving, TX | 3 | $ 1,405,000 | $ 468,333 | $ 165,000 |
| Fort Collins, CO | 3 | $ 805,000 | $ 268,333 | $ 76,000 |
| Huntington-Ashland, WV-KY-OH | 3 | $ 385,000 | $ 128,333 | $ 70,000 |
| Lima, OH | 3 | $ 615,000 | $ 205,000 | $ 52,000 |
| Sandusky, OH | 3 | $ 405,000 | $ 135,000 | $ 54,000 |
| Sebastian-Vero Beach, FL | 3 | $ 725,000 | $ 241,666 | $ 82,000 |
| Springfield, OH | 3 | $ 385,000 | $ 128,333 | $ 62,000 |
| Chambersburg-Waynesboro, PA | 2 | $ 540,000 | $ 270,000 | $ 82,000 |
| Jackson, TN | 2 | $ 300,000 | $ 150,000 | $ 42,000 |
| Kingsport-Bristol-Bristol, TN-VA | 2 | $ 370,000 | $ 185,000 | $ 61,000 |
| Mansfield, OH | 2 | $ 190,000 | $ 95,000 | $ 57,000 |
| Naples-Immokalee-Marco Island, FL | 2 | $ 750,000 | $ 375,000 | $ 396,000 |
| Weirton-Steubenville, WV-OH | 2 | $ 220,000 | $ 110,000 | $ 58,000 |
| Wildwood-The Villages, FL | 2 | $ 330,000 | $ 165,000 | $ 96,000 |
| Altoona, PA | 1 | $ 205,000 | $ 205,000 | $ 90,000 |
| Crestview-Fort Walton Beach-Destin, FL | 1 | $ 205,000 | $ 205,000 | $ 77,000 |
| Duluth, MN-WI | 1 | $ 405,000 | $ 405,000 | $ 400,000 |
| El Paso, TX | 1 | $ 175,000 | $ 175,000 | $ 58,000 |
| La Crosse-Onalaska, WI-MN | 1 | $ 245,000 | $ 245,000 | $ 81,000 |
| Mankato-North Mankato, MN | 1 | $ 245,000 | $ 245,000 | $ 100,000 |
| Punta Gorda, FL | 1 | $ 75,000 | $ 75,000 | $ 60,000 |
| Rochester, MN | 1 | $ 55,000 | $ 55,000 | $ 41,000 |
| Sebring, FL | 1 | $ 205,000 | $ 205,000 | $ 53,000 |
| Williamsport, PA | 1 | $ 95,000 | $ 95,000 | $ 98,000 |
Mortgage Loan Application Detail Totals for Hall Financial in 2025
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 | 1,243 | $286,385,000 | $230,000 | $1,685,000 | $83,000 | $3,444,000 |
| Cash-out Refinancing | 460 | $90,050,000 | $195,000 | $1,205,000 | $78,000 | $552,000 |
| Refinancing | 129 | $30,685,000 | $237,000 | $825,000 | $95,000 | $411,000 |
| Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 0 | $0 | $0 | $0 | $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 |
|---|---|---|---|---|---|---|
| Not Provided | 1,368 | $304,230,000 | $222,000 | $1,685,000 | $82,000 | $3,444,000 |
| White | 311 | $72,205,000 | $232,000 | $815,000 | $91,000 | $1,276,000 |
| Black or African American | 109 | $17,595,000 | $161,000 | $485,000 | $60,000 | $240,000 |
| Hispanic | 29 | $7,495,000 | $258,000 | $665,000 | $85,000 | $250,000 |
| Asian | 15 | $5,595,000 | $373,000 | $695,000 | $117,000 | $274,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 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) | 1,016 | $243,940,000 | $240,000 | $1,685,000 | $97,000 | $3,444,000 |
| FHA-insured (Federal Housing Administration) | 733 | $139,905,000 | $190,000 | $635,000 | $63,000 | $336,000 |
| VA-guaranteed (Veterans Administration) | 80 | $22,520,000 | $281,000 | $755,000 | $90,000 | $734,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 3 | $755,000 | $251,000 | $275,000 | $67,000 | $93,000 |
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 |
|---|---|---|---|---|---|---|
| Application Withdrawn By Applicant | 880 | $198,760,000 | $225,000 | $1,685,000 | $89,000 | $3,444,000 |
| Preapproval Approved but not Accepted | 391 | $96,955,000 | $247,000 | $745,000 | $87,000 | $734,000 |
| Application Denied By Financial Institution | 387 | $72,675,000 | $187,000 | $1,205,000 | $58,000 | $520,000 |
| File Closed For Incompleteness | 166 | $37,120,000 | $223,000 | $805,000 | $94,000 | $1,276,000 |
| Preapproval Denied by Financial Institution | 7 | $1,405,000 | $200,000 | $325,000 | $61,000 | $96,000 |
| Application Approved But Not Accepted | 1 | $205,000 | $205,000 | $205,000 | $72,000 | $72,000 |
| Loan Originated | 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 |
|---|---|---|---|---|---|---|
| Not applicable | 1,438 | $333,040,000 | $231,000 | $1,685,000 | $89,000 | $3,444,000 |
| Credit History | 184 | $31,390,000 | $170,000 | $495,000 | $57,000 | $206,000 |
| Debt-To-Income Ratio | 158 | $32,790,000 | $207,000 | $1,205,000 | $53,000 | $170,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 26 | $4,960,000 | $190,000 | $395,000 | $81,000 | $520,000 |
| Collateral | 9 | $1,615,000 | $179,000 | $465,000 | $72,000 | $162,000 |
| Employment History | 7 | $1,025,000 | $146,000 | $235,000 | $61,000 | $110,000 |
| Unverifiable Information | 6 | $1,480,000 | $246,000 | $695,000 | $96,000 | $260,000 |
| Other | 3 | $605,000 | $201,000 | $205,000 | $54,000 | $72,000 |
| Credit Application Incomplete | 1 | $215,000 | $215,000 | $215,000 | $108,000 | $108,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Hall Financial's 2025 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 Hall Financial'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