Level One Bank Mortgage Lending & HMDA Data, 2020

In 2020, Level One Bank of Farmington Hills, MI reported 3,118 mortgage applications totaling $917.5 million, up 83% from 2019. The average application was for $294,255, and applicants reported an average income of $155,026. 84% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Warren-Troy-Farmington Hills, MI (1,201), Ann Arbor, MI (652) and Detroit-Dearborn-Livonia, MI (596) (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 3,118
Total Mortgage Loan Application Amount $917,490,000
Average Mortgage Loan Application Amount $294,255
Highest Mortgage Loan Application Amount $14,255,000
Average Applicant Income $155,026
Highest Applicant Income $2,500,000

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Act (HMDA) records Level One Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Oakland, Michigan 812 $ 289,700,000 $ 356,773 $ 177,000
Washtenaw, Michigan 652 $ 199,980,000 $ 306,717 $ 170,000
Wayne, Michigan 596 $ 152,430,000 $ 255,755 $ 135,000
Livingston, Michigan 236 $ 60,050,000 $ 254,449 $ 134,000
Macomb, Michigan 128 $ 25,400,000 $ 198,437 $ 119,000
Jackson, Michigan 65 $ 16,895,000 $ 259,923 $ 85,000
Kent, Michigan 59 $ 16,125,000 $ 273,305 $ 108,000
Monroe, Michigan 35 $ 7,195,000 $ 205,571 $ 95,000
Lenawee, Michigan 32 $ 6,810,000 $ 212,812 $ 116,000
Ottawa, Michigan 32 $ 13,430,000 $ 419,687 $ 98,000
Genesee, Michigan 23 $ 3,585,000 $ 155,869 $ 96,000
Ingham, Michigan 22 $ 4,600,000 $ 209,090 $ 125,000
Cook, Illinois 13 $ 3,835,000 $ 295,000 $ 251,000
Lapeer, Michigan 13 $ 3,105,000 $ 238,846 $ 131,000
St. Clair, Michigan 12 $ 2,910,000 $ 242,500 $ 253,000
Emmet, Michigan 10 $ 2,710,000 $ 271,000 $ 219,000
Kalamazoo, Michigan 9 $ 2,695,000 $ 299,444 $ 138,000
Otsego, Michigan 9 $ 1,715,000 $ 190,555 $ 169,000
Ionia, Michigan 8 $ 1,620,000 $ 202,500 $ 71,000
Maricopa, Arizona 7 $ 2,495,000 $ 356,428 $ 151,000
Collier, Florida 7 $ 3,915,000 $ 559,285 $ 239,000
Hillsdale, Michigan 7 $ 1,045,000 $ 149,285 $ 84,000
Leelanau, Michigan 7 $ 1,875,000 $ 267,857 $ 293,000
Garfield, Colorado 6 $ 1,530,000 $ 255,000 $ 496,000
Huron, Michigan 6 $ 1,210,000 $ 201,666 $ 183,000
Roscommon, Michigan 6 $ 1,120,000 $ 186,666 $ 111,000
Lucas, Ohio 6 $ 1,400,000 $ 233,333 $ 99,000
Los Angeles, California 5 $ 1,495,000 $ 299,000 $ 176,000
Lee, Florida 5 $ 1,625,000 $ 325,000 $ 200,000
Miami-Dade, Florida 5 $ 4,545,000 $ 909,000 $ 556,000
Sarasota, Florida 5 $ 1,355,000 $ 271,000 $ 180,000
Antrim, Michigan 5 $ 775,000 $ 155,000 $ 82,000
Barry, Michigan 5 $ 1,425,000 $ 285,000 $ 195,000
Berrien, Michigan 5 $ 1,385,000 $ 277,000 $ 128,000
Clinton, Michigan 5 $ 845,000 $ 169,000 $ 87,000
Ogemaw, Michigan 5 $ 805,000 $ 161,000 $ 224,000
Jefferson, Colorado 4 $ 1,450,000 $ 362,500 $ 114,000
Hillsborough, Florida 4 $ 1,220,000 $ 305,000 $ 140,000
Branch, Michigan 4 $ 650,000 $ 162,500 $ 71,000
Crawford, Michigan 4 $ 1,090,000 $ 272,500 $ 136,000
Grand Traverse, Michigan 4 $ 1,740,000 $ 435,000 $ 205,000
Sanilac, Michigan 4 $ 1,290,000 $ 322,500 $ 274,000
Shiawassee, Michigan 4 $ 840,000 $ 210,000 $ 109,000
Jackson, Missouri 4 $ 110,000 $ 27,500 $ 190,000
San Diego, California 3 $ 1,125,000 $ 375,000 $ 239,000
Santa Clara, California 3 $ 1,145,000 $ 381,666 $ 116,000
El Paso, Colorado 3 $ 955,000 $ 318,333 $ 116,000
Pinellas, Florida 3 $ 725,000 $ 241,666 $ 79,000
Alcona, Michigan 3 $ 615,000 $ 205,000 $ 68,000
Allegan, Michigan 3 $ 1,095,000 $ 365,000 $ 170,000
Calhoun, Michigan 3 $ 645,000 $ 215,000 $ 197,000
Chippewa, Michigan 3 $ 625,000 $ 208,333 $ 226,000
Eaton, Michigan 3 $ 365,000 $ 121,666 $ 52,000
Midland, Michigan 3 $ 695,000 $ 231,666 $ 245,000
Newaygo, Michigan 3 $ 675,000 $ 225,000 $ 131,000
Saginaw, Michigan 3 $ 505,000 $ 168,333 $ 108,000
Allegheny, Pennsylvania 3 $ 565,000 $ 188,333 $ 219,000
Harris, Texas 3 $ 515,000 $ 171,666 $ 90,000
Pima, Arizona 2 $ 330,000 $ 165,000 $ 128,000
Riverside, California 2 $ 890,000 $ 445,000 $ 221,000
San Mateo, California 2 $ 800,000 $ 400,000 $ 553,000
Solano, California 2 $ 430,000 $ 215,000 $ 195,000
Pitkin, Colorado 2 $ 970,000 $ 485,000 $ 500,000
Hartford, Connecticut 2 $ 270,000 $ 135,000 $ 69,000
Charlotte, Florida 2 $ 350,000 $ 175,000 $ 156,000
Orange, Florida 2 $ 570,000 $ 285,000 $ 157,000
Seminole, Florida 2 $ 720,000 $ 360,000 $ 109,000
Volusia, Florida 2 $ 330,000 $ 165,000 $ 192,000
Bartow, Georgia 2 $ 360,000 $ 180,000 $ 78,000
Cherokee, Georgia 2 $ 390,000 $ 195,000 $ 61,000
Lake, Illinois 2 $ 440,000 $ 220,000 $ 120,000
Jefferson, Kentucky 2 $ 570,000 $ 285,000 $ 115,000
Bay, Michigan 2 $ 220,000 $ 110,000 $ 138,000
Benzie, Michigan 2 $ 690,000 $ 345,000 $ 162,000
Charlevoix, Michigan 2 $ 660,000 $ 330,000 $ 236,000
Cheboygan, Michigan 2 $ 700,000 $ 350,000 $ 279,000
Gladwin, Michigan 2 $ 350,000 $ 175,000 $ 167,000
Iosco, Michigan 2 $ 400,000 $ 200,000 $ 187,000
Isabella, Michigan 2 $ 6,510,000 $ 3,255,000 $ 72,000
Kalkaska, Michigan 2 $ 750,000 $ 375,000 $ 171,000
Mackinac, Michigan 2 $ 580,000 $ 290,000 $ 210,000
Mecosta, Michigan 2 $ 260,000 $ 130,000 $ 197,000
Montmorency, Michigan 2 $ 280,000 $ 140,000 $ 191,000
Muskegon, Michigan 2 $ 370,000 $ 185,000 $ 99,000
St. Charles, Missouri 2 $ 400,000 $ 200,000 $ 115,000
Clark, Nevada 2 $ 270,000 $ 135,000 $ 43,000
Chatham, North Carolina 2 $ 500,000 $ 250,000 $ 206,000
Mecklenburg, North Carolina 2 $ 970,000 $ 485,000 $ 201,000
Cuyahoga, Ohio 2 $ 330,000 $ 165,000 $ 92,000
Sandusky, Ohio 2 $ 390,000 $ 195,000 $ 171,000
Baldwin, Alabama 1 $ 225,000 $ 225,000 $ 34,000
Jefferson, Alabama 1 $ 485,000 $ 485,000 $ 198,000
Pinal, Arizona 1 $ 275,000 $ 275,000 $ 172,000
Benton, Arkansas 1 $ 415,000 $ 415,000 $ 185,000
Contra Costa, California 1 $ 495,000 $ 495,000 $ 245,000
Marin, California 1 $ 465,000 $ 465,000 $ 147,000
Placer, California 1 $ 515,000 $ 515,000 $ 192,000
Sacramento, California 1 $ 295,000 $ 295,000 $ 142,000
Adams, Colorado 1 $ 195,000 $ 195,000 $ 74,000
Boulder, Colorado 1 $ 365,000 $ 365,000 $ 220,000
Gunnison, Colorado 1 $ 405,000 $ 405,000 $ 219,000
Summit, Colorado 1 $ 385,000 $ 385,000 $ 434,000
Fairfield, Connecticut 1 $ 365,000 $ 365,000 $ 208,000
New Haven, Connecticut 1 $ 265,000 $ 265,000 $ 76,000
District of Columbia, District Of Columbia 1 $ 485,000 $ 485,000 $ 150,000
Bay, Florida 1 $ 185,000 $ 185,000 $ 97,000
Broward, Florida 1 $ 335,000 $ 335,000 $ 138,000
Citrus, Florida 1 $ 135,000 $ 135,000 $ 76,000
Manatee, Florida 1 $ 355,000 $ 355,000 $ 164,000
Martin, Florida 1 $ 165,000 $ 165,000 $ 48,000
Monroe, Florida 1 $ 315,000 $ 315,000 $ 88,000
Palm Beach, Florida 1 $ 245,000 $ 245,000 $ 157,000
Santa Rosa, Florida 1 $ 455,000 $ 455,000 $ 338,000
St. Johns, Florida 1 $ 215,000 $ 215,000 $ 95,000
St. Lucie, Florida 1 $ 505,000 $ 505,000 $ 546,000
Fannin, Georgia 1 $ 185,000 $ 185,000 $ 93,000
Fulton, Georgia 1 $ 265,000 $ 265,000 $ 70,000
Paulding, Georgia 1 $ 465,000 $ 465,000 $ 156,000
Rockdale, Georgia 1 $ 35,000 $ 35,000 $ 52,000
DuPage, Illinois 1 $ 205,000 $ 205,000 $ 175,000
Winnebago, Illinois 1 $ 175,000 $ 175,000 $ 166,000
Hamilton, Indiana 1 $ 185,000 $ 185,000 $ 234,000
Lake, Indiana 1 $ 255,000 $ 255,000 $ 156,000
Steuben, Indiana 1 $ 315,000 $ 315,000 $ 185,000
Tippecanoe, Indiana 1 $ 395,000 $ 395,000 $ 0
Vanderburgh, Indiana 1 $ 35,000 $ 35,000 $ 96,000
Vigo, Indiana 1 $ 155,000 $ 155,000 $ 102,000
Monroe, Iowa 1 $ 365,000 $ 365,000 $ 446,000
Johnson, Kansas 1 $ 425,000 $ 425,000 $ 100,000
Fayette, Kentucky 1 $ 195,000 $ 195,000 $ 63,000
Anne Arundel, Maryland 1 $ 235,000 $ 235,000 $ 137,000
Baltimore, Maryland 1 $ 475,000 $ 475,000 $ 196,000
Baltimore City, Maryland 1 $ 285,000 $ 285,000 $ 140,000
Montgomery, Maryland 1 $ 475,000 $ 475,000 $ 204,000
Norfolk, Massachusetts 1 $ 495,000 $ 495,000 $ 310,000
Worcester, Massachusetts 1 $ 165,000 $ 165,000 $ 41,000
Clare, Michigan 1 $ 35,000 $ 35,000 $ 18,000
Houghton, Michigan 1 $ 595,000 $ 595,000 $ 853,000
Lake, Michigan 1 $ 515,000 $ 515,000 $ 611,000
Mason, Michigan 1 $ 225,000 $ 225,000 $ 142,000
Osceola, Michigan 1 $ 415,000 $ 415,000 $ 227,000
Wexford, Michigan 1 $ 85,000 $ 85,000 $ 81,000
Rankin, Mississippi 1 $ 215,000 $ 215,000 $ 105,000
Taney, Missouri 1 $ 155,000 $ 155,000 $ 211,000
Bergen, New Jersey 1 $ 195,000 $ 195,000 $ 326,000
Somerset, New Jersey 1 $ 305,000 $ 305,000 $ 174,000
Kings, New York 1 $ 455,000 $ 455,000 $ 157,000
Durham, North Carolina 1 $ 175,000 $ 175,000 $ 145,000
Moore, North Carolina 1 $ 305,000 $ 305,000 $ 422,000
Clark, Ohio 1 $ 35,000 $ 35,000 $ 100,000
Franklin, Ohio 1 $ 145,000 $ 145,000 $ 59,000
Hamilton, Ohio 1 $ 335,000 $ 335,000 $ 257,000
Lake, Ohio 1 $ 355,000 $ 355,000 $ 0
Montgomery, Ohio 1 $ 245,000 $ 245,000 $ 93,000
Warren, Ohio 1 $ 405,000 $ 405,000 $ 325,000
Tulsa, Oklahoma 1 $ 235,000 $ 235,000 $ 239,000
Deschutes, Oregon 1 $ 165,000 $ 165,000 $ 55,000
Butler, Pennsylvania 1 $ 385,000 $ 385,000 $ 107,000
Chester, Pennsylvania 1 $ 785,000 $ 785,000 $ 158,000
Lancaster, Pennsylvania 1 $ 95,000 $ 95,000 $ 41,000
Kent, Rhode Island 1 $ 335,000 $ 335,000 $ 80,000
Aiken, South Carolina 1 $ 155,000 $ 155,000 $ 41,000
Beaufort, South Carolina 1 $ 285,000 $ 285,000 $ 41,000
Horry, South Carolina 1 $ 115,000 $ 115,000 $ 38,000
Richland, South Carolina 1 $ 255,000 $ 255,000 $ 67,000
Davidson, Tennessee 1 $ 395,000 $ 395,000 $ 234,000
Marshall, Tennessee 1 $ 225,000 $ 225,000 $ 100,000
Williamson, Tennessee 1 $ 565,000 $ 565,000 $ 936,000
Collin, Texas 1 $ 495,000 $ 495,000 $ 123,000
Dallas, Texas 1 $ 125,000 $ 125,000 $ 135,000
Smith, Texas 1 $ 85,000 $ 85,000 $ 28,000
Tarrant, Texas 1 $ 355,000 $ 355,000 $ 130,000
Travis, Texas 1 $ 325,000 $ 325,000 $ 128,000
Williamson, Texas 1 $ 95,000 $ 95,000 $ 98,000
Bedford, Virginia 1 $ 145,000 $ 145,000 $ 71,000
Fairfax, Virginia 1 $ 355,000 $ 355,000 $ 287,000
Hanover, Virginia 1 $ 365,000 $ 365,000 $ 107,000
King, Washington 1 $ 745,000 $ 745,000 $ 162,000
Dane, Wisconsin 1 $ 375,000 $ 375,000 $ 237,000

Mortgage Loan Application Detail Totals for Level One Bank in 2020

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 1,558 $454,430,000 $291,000 $14,205,000 $159,000 $1,942,000
Home Purchase 966 $288,550,000 $298,000 $14,255,000 $146,000 $2,413,000
Cash-out Refinancing 520 $148,920,000 $286,000 $2,245,000 $155,000 $2,500,000
Other Purpose 45 $11,095,000 $246,000 $2,405,000 $180,000 $1,377,000
Home Improvement 29 $14,495,000 $499,000 $2,005,000 $204,000 $1,144,000
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 2,605 $724,355,000 $278,000 $3,005,000 $157,000 $2,413,000
Not Provided 183 $45,865,000 $250,000 $795,000 $131,000 $450,000
Asian 158 $52,270,000 $330,000 $2,005,000 $156,000 $752,000
Black or African American 84 $16,840,000 $200,000 $1,385,000 $134,000 $2,500,000
Hispanic 60 $16,760,000 $279,000 $2,005,000 $186,000 $1,747,000
Not applicable 23 $60,015,000 $2,609,000 $14,255,000 $0 $0
American Indian or Alaskan Native 3 $435,000 $145,000 $235,000 $59,000 $72,000
Native Hawaiian or Other Pacific Islander 2 $950,000 $475,000 $475,000 $263,000 $263,000

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) 3,052 $905,630,000 $296,000 $14,255,000 $157,000 $2,500,000
FHA-insured (Federal Housing Administration) 65 $11,705,000 $180,000 $335,000 $69,000 $285,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $155,000 $155,000 $155,000 $78,000 $78,000
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 2,621 $775,775,000 $295,000 $14,255,000 $156,000 $2,500,000
Application Withdrawn By Applicant 212 $58,430,000 $275,000 $1,615,000 $151,000 $934,000
Application Approved But Not Accepted 131 $42,595,000 $325,000 $2,205,000 $158,000 $1,054,000
Application Denied By Financial Institution 65 $16,165,000 $248,000 $805,000 $132,000 $2,413,000
File Closed For Incompleteness 60 $18,130,000 $302,000 $1,025,000 $155,000 $752,000
Preapproval Approved but not Accepted 25 $5,595,000 $223,000 $635,000 $110,000 $499,000
Preapproval Denied by Financial Institution 3 $585,000 $195,000 $245,000 $57,000 $81,000
Loan Purchased By The Institution 1 $215,000 $215,000 $215,000 $86,000 $86,000

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 3,050 $900,740,000 $295,000 $14,255,000 $156,000 $2,500,000
Debt-To-Income Ratio 34 $8,850,000 $260,000 $805,000 $82,000 $242,000
Collateral 13 $2,495,000 $191,000 $445,000 $92,000 $330,000
Credit History 11 $3,085,000 $280,000 $515,000 $100,000 $221,000
Other 5 $895,000 $179,000 $255,000 $577,000 $2,413,000
Unverifiable Information 2 $760,000 $380,000 $515,000 $151,000 $248,000
Insufficient Cash (Downpayment, Closing Cost) 2 $550,000 $275,000 $515,000 $135,000 $175,000
Employment History 1 $115,000 $115,000 $115,000 $48,000 $48,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Level One Bank's 2020 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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