Level One Bank Mortgage Lending & HMDA Data, 2021

In 2021, Level One Bank of Farmington Hills, MI reported 2,598 mortgage applications totaling $841.7 million, down 17% from 2020. The average application was for $323,995, and applicants reported an average income of $168,148. 85% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Warren-Troy-Farmington Hills, MI (1,091), Detroit-Dearborn-Livonia, MI (446) and Ann Arbor, MI (442) (applications in parentheses).

Mortgage Company & Address Level One Bank
32991 Hamilton Court
Farmington Hills, MI 48334
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  
Total Number of Mortgage Applications 2,598
Total Mortgage Loan Application Amount $841,740,000
Average Mortgage Loan Application Amount $323,995
Highest Mortgage Loan Application Amount $6,205,000
Average Applicant Income $168,148
Highest Applicant Income $4,920,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Level One Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Level One Bank by County in 2021

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Oakland, Michigan 769 $ 306,015,000 $ 397,938 $ 210,000
Wayne, Michigan 446 $ 111,820,000 $ 250,717 $ 129,000
Washtenaw, Michigan 442 $ 156,050,000 $ 353,054 $ 157,000
Livingston, Michigan 174 $ 52,120,000 $ 299,540 $ 153,000
Macomb, Michigan 135 $ 28,205,000 $ 208,925 $ 116,000
Genesee, Michigan 73 $ 25,305,000 $ 346,643 $ 172,000
Jackson, Michigan 69 $ 12,775,000 $ 185,144 $ 85,000
Kent, Michigan 46 $ 9,980,000 $ 216,956 $ 111,000
Monroe, Michigan 33 $ 6,735,000 $ 204,090 $ 82,000
Ottawa, Michigan 30 $ 14,640,000 $ 488,000 $ 136,000
Ingham, Michigan 23 $ 7,345,000 $ 319,347 $ 147,000
Lenawee, Michigan 21 $ 4,445,000 $ 211,666 $ 105,000
Roscommon, Michigan 11 $ 2,255,000 $ 205,000 $ 185,000
Allegan, Michigan 10 $ 2,270,000 $ 227,000 $ 298,000
Collier, Florida 9 $ 3,995,000 $ 443,888 $ 419,000
St. Clair, Michigan 9 $ 1,935,000 $ 215,000 $ 130,000
Hillsdale, Michigan 8 $ 1,540,000 $ 192,500 $ 91,000
Clark, Nevada 8 $ 930,000 $ 116,250 $ 136,000
Maricopa, Arizona 6 $ 1,990,000 $ 331,666 $ 126,000
Hillsborough, Florida 6 $ 1,390,000 $ 231,666 $ 93,000
Antrim, Michigan 6 $ 3,110,000 $ 518,333 $ 433,000
Kalamazoo, Michigan 6 $ 1,110,000 $ 185,000 $ 129,000
Jefferson, Colorado 5 $ 2,145,000 $ 429,000 $ 114,000
Lee, Florida 5 $ 1,705,000 $ 341,000 $ 472,000
Cook, Illinois 5 $ 1,485,000 $ 297,000 $ 129,000
Calhoun, Michigan 5 $ 2,555,000 $ 511,000 $ 435,000
Ionia, Michigan 5 $ 1,025,000 $ 205,000 $ 81,000
Saginaw, Michigan 5 $ 1,605,000 $ 321,000 $ 204,000
Wexford, Michigan 5 $ 755,000 $ 151,000 $ 74,000
Charlevoix, Michigan 4 $ 4,540,000 $ 1,135,000 $ 1,472,000
Emmet, Michigan 4 $ 2,830,000 $ 707,500 $ 608,000
Lapeer, Michigan 4 $ 770,000 $ 192,500 $ 118,000
Leelanau, Michigan 4 $ 2,720,000 $ 680,000 $ 315,000
Franklin, Ohio 4 $ 1,490,000 $ 372,500 $ 252,000
Charleston, South Carolina 4 $ 1,430,000 $ 357,500 $ 121,000
Pima, Arizona 3 $ 825,000 $ 275,000 $ 134,000
Boulder, Colorado 3 $ 1,245,000 $ 415,000 $ 268,000
Miami-Dade, Florida 3 $ 3,815,000 $ 1,271,666 $ 598,000
Palm Beach, Florida 3 $ 1,105,000 $ 368,333 $ 237,000
Sarasota, Florida 3 $ 1,415,000 $ 471,666 $ 406,000
St. Johns, Florida 3 $ 1,115,000 $ 371,666 $ 182,000
Clinton, Michigan 3 $ 455,000 $ 151,666 $ 64,000
Grand Traverse, Michigan 3 $ 605,000 $ 201,666 $ 134,000
Huron, Michigan 3 $ 745,000 $ 248,333 $ 141,000
Muskegon, Michigan 3 $ 735,000 $ 245,000 $ 143,000
Mecklenburg, North Carolina 3 $ 1,165,000 $ 388,333 $ 182,000
Wake, North Carolina 3 $ 735,000 $ 245,000 $ 504,000
Houston, Alabama 2 $ 50,000 $ 25,000 $ 69,000
Sacramento, California 2 $ 450,000 $ 225,000 $ 127,000
San Diego, California 2 $ 920,000 $ 460,000 $ 257,000
Denver, Colorado 2 $ 710,000 $ 355,000 $ 420,000
Broward, Florida 2 $ 700,000 $ 350,000 $ 176,000
Highlands, Florida 2 $ 160,000 $ 80,000 $ 113,000
Manatee, Florida 2 $ 370,000 $ 185,000 $ 114,000
Marion, Florida 2 $ 760,000 $ 380,000 $ 511,000
Volusia, Florida 2 $ 370,000 $ 185,000 $ 140,000
DuPage, Illinois 2 $ 940,000 $ 470,000 $ 194,000
Sedgwick, Kansas 2 $ 260,000 $ 130,000 $ 72,000
Suffolk, Massachusetts 2 $ 740,000 $ 370,000 $ 296,000
Alcona, Michigan 2 $ 340,000 $ 170,000 $ 65,000
Barry, Michigan 2 $ 420,000 $ 210,000 $ 123,000
Benzie, Michigan 2 $ 680,000 $ 340,000 $ 200,000
Berrien, Michigan 2 $ 640,000 $ 320,000 $ 160,000
Cheboygan, Michigan 2 $ 250,000 $ 125,000 $ 62,000
Crawford, Michigan 2 $ 240,000 $ 120,000 $ 121,000
Eaton, Michigan 2 $ 4,860,000 $ 2,430,000 $ 39,000
Iosco, Michigan 2 $ 250,000 $ 125,000 $ 187,000
Isabella, Michigan 2 $ 600,000 $ 300,000 $ 269,000
Mackinac, Michigan 2 $ 590,000 $ 295,000 $ 272,000
Mason, Michigan 2 $ 370,000 $ 185,000 $ 141,000
Mecosta, Michigan 2 $ 400,000 $ 200,000 $ 102,000
Montcalm, Michigan 2 $ 270,000 $ 135,000 $ 84,000
Sanilac, Michigan 2 $ 560,000 $ 280,000 $ 218,000
Shiawassee, Michigan 2 $ 510,000 $ 255,000 $ 112,000
Craven, North Carolina 2 $ 350,000 $ 175,000 $ 96,000
Cuyahoga, Ohio 2 $ 190,000 $ 95,000 $ 150,000
Lucas, Ohio 2 $ 160,000 $ 80,000 $ 76,000
Davidson, Tennessee 2 $ 750,000 $ 375,000 $ 171,000
Sumner, Tennessee 2 $ 270,000 $ 135,000 $ 46,000
Bexar, Texas 2 $ 670,000 $ 335,000 $ 150,000
Tarrant, Texas 2 $ 640,000 $ 320,000 $ 129,000
Milwaukee, Wisconsin 2 $ 370,000 $ 185,000 $ 90,000
Cleburne, Alabama 1 $ 85,000 $ 85,000 $ 42,000
Colbert, Alabama 1 $ 275,000 $ 275,000 $ 128,000
Pinal, Arizona 1 $ 545,000 $ 545,000 $ 177,000
Benton, Arkansas 1 $ 545,000 $ 545,000 $ 162,000
Los Angeles, California 1 $ 465,000 $ 465,000 $ 140,000
Gunnison, Colorado 1 $ 475,000 $ 475,000 $ 148,000
Fairfield, Connecticut 1 $ 365,000 $ 365,000 $ 64,000
New London, Connecticut 1 $ 495,000 $ 495,000 $ 445,000
Charlotte, Florida 1 $ 165,000 $ 165,000 $ 57,000
Hernando, Florida 1 $ 135,000 $ 135,000 $ 42,000
Indian River, Florida 1 $ 305,000 $ 305,000 $ 65,000
Orange, Florida 1 $ 105,000 $ 105,000 $ 95,000
Pasco, Florida 1 $ 265,000 $ 265,000 $ 72,000
Pinellas, Florida 1 $ 275,000 $ 275,000 $ 456,000
Santa Rosa, Florida 1 $ 545,000 $ 545,000 $ 263,000
Bryan, Georgia 1 $ 165,000 $ 165,000 $ 55,000
Cherokee, Georgia 1 $ 245,000 $ 245,000 $ 84,000
Clarke, Georgia 1 $ 255,000 $ 255,000 $ 54,000
Cobb, Georgia 1 $ 475,000 $ 475,000 $ 185,000
Fulton, Georgia 1 $ 225,000 $ 225,000 $ 64,000
Glynn, Georgia 1 $ 145,000 $ 145,000 $ 63,000
Rockdale, Georgia 1 $ 145,000 $ 145,000 $ 59,000
Ada, Idaho 1 $ 485,000 $ 485,000 $ 283,000
Kendall, Illinois 1 $ 225,000 $ 225,000 $ 110,000
Peoria, Illinois 1 $ 165,000 $ 165,000 $ 90,000
Floyd, Indiana 1 $ 205,000 $ 205,000 $ 97,000
Monroe, Indiana 1 $ 225,000 $ 225,000 $ 115,000
Adams, Iowa 1 $ 295,000 $ 295,000 $ 149,000
Johnson, Kansas 1 $ 245,000 $ 245,000 $ 47,000
Fayette, Kentucky 1 $ 325,000 $ 325,000 $ 170,000
Franklin, Kentucky 1 $ 335,000 $ 335,000 $ 178,000
Frederick, Maryland 1 $ 575,000 $ 575,000 $ 163,000
Harford, Maryland 1 $ 345,000 $ 345,000 $ 113,000
Montgomery, Maryland 1 $ 425,000 $ 425,000 $ 242,000
Bay, Michigan 1 $ 105,000 $ 105,000 $ 87,000
Branch, Michigan 1 $ 205,000 $ 205,000 $ 0
Chippewa, Michigan 1 $ 255,000 $ 255,000 $ 364,000
Clare, Michigan 1 $ 75,000 $ 75,000 $ 78,000
Delta, Michigan 1 $ 135,000 $ 135,000 $ 118,000
Kalkaska, Michigan 1 $ 165,000 $ 165,000 $ 68,000
Lake, Michigan 1 $ 145,000 $ 145,000 $ 127,000
Marquette, Michigan 1 $ 325,000 $ 325,000 $ 112,000
Midland, Michigan 1 $ 295,000 $ 295,000 $ 80,000
Newaygo, Michigan 1 $ 95,000 $ 95,000 $ 65,000
Oceana, Michigan 1 $ 255,000 $ 255,000 $ 0
Ogemaw, Michigan 1 $ 215,000 $ 215,000 $ 259,000
Presque Isle, Michigan 1 $ 465,000 $ 465,000 $ 344,000
St. Joseph, Michigan 1 $ 135,000 $ 135,000 $ 175,000
St. Charles, Missouri 1 $ 185,000 $ 185,000 $ 123,000
Douglas, Nebraska 1 $ 145,000 $ 145,000 $ 149,000
Rockingham, New Hampshire 1 $ 495,000 $ 495,000 $ 131,000
Atlantic, New Jersey 1 $ 345,000 $ 345,000 $ 205,000
Bergen, New Jersey 1 $ 655,000 $ 655,000 $ 245,000
Onondaga, New York 1 $ 185,000 $ 185,000 $ 201,000
Henderson, North Carolina 1 $ 105,000 $ 105,000 $ 147,000
Johnston, North Carolina 1 $ 315,000 $ 315,000 $ 105,000
Union, North Carolina 1 $ 455,000 $ 455,000 $ 115,000
Erie, Ohio 1 $ 265,000 $ 265,000 $ 186,000
Fulton, Ohio 1 $ 215,000 $ 215,000 $ 130,000
Portage, Ohio 1 $ 115,000 $ 115,000 $ 82,000
Putnam, Ohio 1 $ 115,000 $ 115,000 $ 49,000
Summit, Ohio 1 $ 155,000 $ 155,000 $ 141,000
Warren, Ohio 1 $ 545,000 $ 545,000 $ 200,000
Allegheny, Pennsylvania 1 $ 85,000 $ 85,000 $ 48,000
Montour, Pennsylvania 1 $ 355,000 $ 355,000 $ 543,000
Philadelphia, Pennsylvania 1 $ 395,000 $ 395,000 $ 183,000
Aiken, South Carolina 1 $ 265,000 $ 265,000 $ 100,000
Beaufort, South Carolina 1 $ 135,000 $ 135,000 $ 72,000
Dorchester, South Carolina 1 $ 155,000 $ 155,000 $ 75,000
Greenville, South Carolina 1 $ 135,000 $ 135,000 $ 110,000
Hamilton, Tennessee 1 $ 395,000 $ 395,000 $ 405,000
Sevier, Tennessee 1 $ 125,000 $ 125,000 $ 61,000
Collin, Texas 1 $ 285,000 $ 285,000 $ 114,000
Dallas, Texas 1 $ 125,000 $ 125,000 $ 128,000
Fort Bend, Texas 1 $ 545,000 $ 545,000 $ 300,000
McLennan, Texas 1 $ 155,000 $ 155,000 $ 238,000
Montgomery, Texas 1 $ 345,000 $ 345,000 $ 180,000
Travis, Texas 1 $ 285,000 $ 285,000 $ 124,000
Williamson, Texas 1 $ 325,000 $ 325,000 $ 128,000
Summit, Utah 1 $ 475,000 $ 475,000 $ 696,000
King, Washington 1 $ 735,000 $ 735,000 $ 162,000
Dane, Wisconsin 1 $ 375,000 $ 375,000 $ 251,000
Fond du Lac, Wisconsin 1 $ 245,000 $ 245,000 $ 160,000
Kenosha, Wisconsin 1 $ 195,000 $ 195,000 $ 54,000
Marathon, Wisconsin 1 $ 105,000 $ 105,000 $ 48,000

Mortgage Loan Application Detail Totals for Level One Bank in 2021

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 1,112 $393,900,000 $354,000 $4,725,000 $171,000 $4,731,000
Refinancing 899 $283,925,000 $315,000 $6,205,000 $161,000 $4,920,000
Cash-out Refinancing 468 $129,310,000 $276,000 $2,485,000 $150,000 $1,833,000
Other Purpose 80 $15,010,000 $187,000 $635,000 $240,000 $1,717,000
Home Improvement 39 $19,595,000 $502,000 $2,045,000 $322,000 $2,281,000
Not Applicable 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
White 2,107 $676,325,000 $320,000 $4,165,000 $172,000 $4,920,000
Not Provided 145 $36,215,000 $249,000 $1,185,000 $145,000 $1,717,000
Asian 134 $47,790,000 $356,000 $3,205,000 $175,000 $1,274,000
Black or African American 133 $30,665,000 $230,000 $1,605,000 $118,000 $1,336,000
Hispanic 45 $13,825,000 $307,000 $845,000 $136,000 $425,000
Not applicable 20 $33,690,000 $1,684,000 $6,205,000 $0 $0
American Indian or Alaskan Native 14 $3,230,000 $230,000 $425,000 $322,000 $531,000
Native Hawaiian or Other Pacific Islander 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) 2,551 $832,555,000 $326,000 $6,205,000 $170,000 $4,920,000
FHA-insured (Federal Housing Administration) 46 $8,900,000 $193,000 $365,000 $68,000 $176,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $285,000 $285,000 $285,000 $79,000 $79,000
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 Originated 2,212 $707,360,000 $319,000 $6,205,000 $164,000 $4,731,000
Application Approved But Not Accepted 169 $58,545,000 $346,000 $1,985,000 $214,000 $2,697,000
Application Denied By Financial Institution 94 $33,830,000 $359,000 $4,005,000 $167,000 $4,920,000
Application Withdrawn By Applicant 81 $30,125,000 $371,000 $4,165,000 $216,000 $2,503,000
File Closed For Incompleteness 28 $8,490,000 $303,000 $1,235,000 $158,000 $696,000
Preapproval Denied by Financial Institution 7 $1,795,000 $256,000 $605,000 $32,000 $72,000
Loan Purchased By The Institution 6 $1,390,000 $231,000 $485,000 $131,000 $364,000
Preapproval Approved but not Accepted 1 $205,000 $205,000 $205,000 $99,000 $99,000

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 2,497 $806,115,000 $322,000 $6,205,000 $169,000 $4,731,000
Debt-To-Income Ratio 50 $16,590,000 $331,000 $1,185,000 $84,000 $393,000
Collateral 28 $13,620,000 $486,000 $4,005,000 $303,000 $4,920,000
Credit History 11 $2,355,000 $214,000 $475,000 $100,000 $282,000
Other 6 $1,630,000 $271,000 $545,000 $173,000 $406,000
Unverifiable Information 4 $880,000 $220,000 $325,000 $44,000 $80,000
Employment History 2 $550,000 $275,000 $335,000 $58,000 $72,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Level One Bank's 2021 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 Level One 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.
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