Mackinac Savings Bank Fsb
HMDA Loan Application Totals
and Mortgage Lending Details
for 2003
Mackinac Savings Bank Fsb 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 | Mackinac Savings Bank Fsb 280 N Congress Ave Boynton Beach, FL 33426 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,268 |
| Total Mortgage Loan Application Amount | $217,472,000 |
| Average Mortgage Loan Application Amount | $179,666 |
| Highest Mortgage Loan Application Amount | $800,000 |
| Average Applicant Income | $78,555 |
| Highest Applicant Income | $670,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2003 with Mackinac Savings Bank Fsb. 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 Mackinac Savings Bank Fsb's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2003 breaks down Mackinac Savings Bank Fsb'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 Mackinac Savings Bank Fsb serves its applicants.
Each category highlights the total number of mortgage applications processed by Mackinac Savings Bank Fsb, 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 Mackinac Savings Bank Fsb'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 |
|---|---|---|---|---|
| Worcester County Massachusetts | 540 | $ 92,653,000 | $ 171,000 | $ 57,000 |
| Broward County Florida | 281 | $ 45,074,000 | $ 160,000 | $ 58,000 |
| Palm Beach County Florida | 84 | $ 11,165,000 | $ 132,000 | $ 76,000 |
| Oakland County Michigan | 82 | $ 18,748,000 | $ 228,000 | $ 104,000 |
| Wayne County Michigan | 49 | $ 9,048,000 | $ 184,000 | $ 76,000 |
| Macomb County Michigan | 31 | $ 5,475,000 | $ 176,000 | $ 90,000 |
| Miami-Dade County Florida | 29 | $ 4,123,000 | $ 142,000 | $ 83,000 |
| Washtenaw County Michigan | 17 | $ 3,855,000 | $ 226,000 | $ 99,000 |
| Middlesex County Massachusetts | 15 | $ 3,263,000 | $ 217,000 | $ 82,000 |
| Barnstable County Massachusetts | 13 | $ 2,496,000 | $ 192,000 | $ 155,000 |
| Livingston County Michigan | 13 | $ 2,663,000 | $ 204,000 | $ 87,000 |
| St. Lucie County Florida | 6 | $ 864,000 | $ 144,000 | $ 85,000 |
| Kent County Michigan | 6 | $ 852,000 | $ 142,000 | $ 72,000 |
| Plymouth County Massachusetts | 5 | $ 1,233,000 | $ 246,000 | $ 70,000 |
| Essex County Massachusetts | 4 | $ 633,000 | $ 158,000 | $ 48,000 |
| Norfolk County Massachusetts | 4 | $ 978,000 | $ 244,000 | $ 135,000 |
| Cheboygan County Michigan | 4 | $ 877,000 | $ 219,000 | $ 88,000 |
| Hillsborough County Florida | 3 | $ 469,000 | $ 156,000 | $ 110,000 |
| Pinellas County Florida | 3 | $ 505,000 | $ 168,000 | $ 105,000 |
| Hampden County Massachusetts | 3 | $ 580,000 | $ 193,000 | $ 42,000 |
| Grand Traverse County Michigan | 3 | $ 449,000 | $ 149,000 | $ 78,000 |
| Monroe County Michigan | 3 | $ 511,000 | $ 170,000 | $ 83,000 |
| St. Clair County Michigan | 3 | $ 445,000 | $ 148,000 | $ 51,000 |
| Windham County Connecticut | 2 | $ 330,000 | $ 165,000 | $ 94,000 |
| Collier County Florida | 2 | $ 326,000 | $ 163,000 | $ 157,000 |
| Lee County Florida | 2 | $ 541,000 | $ 270,000 | $ 208,000 |
| Martin County Florida | 2 | $ 225,000 | $ 112,000 | $ 104,000 |
| Sarasota County Florida | 2 | $ 274,000 | $ 137,000 | $ 36,000 |
| Seminole County Florida | 2 | $ 398,000 | $ 199,000 | $ 90,000 |
| Suffolk County Massachusetts | 2 | $ 417,000 | $ 208,000 | $ 356,000 |
| Allegan County Michigan | 2 | $ 241,000 | $ 120,000 | $ 47,000 |
| Emmet County Michigan | 2 | $ 454,000 | $ 227,000 | $ 172,000 |
| Genesee County Michigan | 2 | $ 426,000 | $ 213,000 | $ 116,000 |
| Jackson County Michigan | 2 | $ 301,000 | $ 150,000 | $ 110,000 |
| Kalamazoo County Michigan | 2 | $ 376,000 | $ 188,000 | $ 93,000 |
| Presque Isle County Michigan | 2 | $ 483,000 | $ 241,000 | $ 45,000 |
| Saginaw County Michigan | 2 | $ 162,000 | $ 81,000 | $ 65,000 |
| Alachua County Florida | 1 | $ 83,000 | $ 83,000 | $ 30,000 |
| Bay County Florida | 1 | $ 192,000 | $ 192,000 | $ 119,000 |
| Brevard County Florida | 1 | $ 21,000 | $ 21,000 | $ 0 |
| Charlotte County Florida | 1 | $ 215,000 | $ 215,000 | $ 56,000 |
| Marion County Florida | 1 | $ 57,000 | $ 57,000 | $ 50,000 |
| Monroe County Florida | 1 | $ 255,000 | $ 255,000 | $ 147,000 |
| Polk County Florida | 1 | $ 80,000 | $ 80,000 | $ 0 |
| Putnam County Florida | 1 | $ 28,000 | $ 28,000 | $ 0 |
| Volusia County Florida | 1 | $ 30,000 | $ 30,000 | $ 0 |
| Washington County Florida | 1 | $ 396,000 | $ 396,000 | $ 0 |
| Chatham County Georgia | 1 | $ 200,000 | $ 200,000 | $ 38,000 |
| Cherokee County Georgia | 1 | $ 200,000 | $ 200,000 | $ 247,000 |
| Gwinnett County Georgia | 1 | $ 123,000 | $ 123,000 | $ 84,000 |
| Waldo County Maine | 1 | $ 122,000 | $ 122,000 | $ 56,000 |
| Bristol County Massachusetts | 1 | $ 120,000 | $ 120,000 | $ 23,000 |
| Hampshire County Massachusetts | 1 | $ 200,000 | $ 200,000 | $ 150,000 |
| Alpena County Michigan | 1 | $ 86,000 | $ 86,000 | $ 43,000 |
| Arenac County Michigan | 1 | $ 150,000 | $ 150,000 | $ 116,000 |
| Berrien County Michigan | 1 | $ 135,000 | $ 135,000 | $ 80,000 |
| Charlevoix County Michigan | 1 | $ 245,000 | $ 245,000 | $ 107,000 |
| Chippewa County Michigan | 1 | $ 48,000 | $ 48,000 | $ 255,000 |
| Clare County Michigan | 1 | $ 180,000 | $ 180,000 | $ 60,000 |
| Clinton County Michigan | 1 | $ 297,000 | $ 297,000 | $ 99,000 |
| Eaton County Michigan | 1 | $ 146,000 | $ 146,000 | $ 97,000 |
| Lapeer County Michigan | 1 | $ 131,000 | $ 131,000 | $ 70,000 |
| Oscoda County Michigan | 1 | $ 144,000 | $ 144,000 | $ 172,000 |
| Ottawa County Michigan | 1 | $ 94,000 | $ 94,000 | $ 38,000 |
| Jasper County Missouri | 1 | $ 152,000 | $ 152,000 | $ 60,000 |
| Burlington County New Jersey | 1 | $ 124,000 | $ 124,000 | $ 0 |
| Buncombe County North Carolina | 1 | $ 544,000 | $ 544,000 | $ 260,000 |
| Delaware County Ohio | 1 | $ 120,000 | $ 120,000 | $ 103,000 |
| Franklin County Ohio | 1 | $ 191,000 | $ 191,000 | $ 90,000 |
| Lucas County Ohio | 1 | $ 190,000 | $ 190,000 | $ 101,000 |
| Beaufort County South Carolina | 1 | $ 60,000 | $ 60,000 | $ 147,000 |
| Brazoria County Texas | 1 | $ 62,000 | $ 62,000 | $ 0 |
| Dallas County Texas | 1 | $ 29,000 | $ 29,000 | $ 0 |
| Denton County Texas | 1 | $ 48,000 | $ 48,000 | $ 0 |
| Fort Bend County Texas | 1 | $ 35,000 | $ 35,000 | $ 0 |
| Tarrant County Texas | 1 | $ 26,000 | $ 26,000 | $ 0 |
Mortgage Loan Application Detail Totals for Mackinac Savings Bank Fsb 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 |
|---|---|---|---|---|---|---|
| Refinancing (home purchase or home improvement, one-to-four family) | 886 | $152,404,000 | $210,500 | $713,000 | $104,500 | $670,000 |
| Home Purchase (one-to-four family) | 364 | $60,686,000 | $135,625 | $800,000 | $72,250 | $384,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 18 | $4,382,000 | $232,500 | $392,000 | $0 | $0 |
| Home Improvement (one-to-four family) | 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 | 871 | $146,290,000 | $192,444 | $560,000 | $114,777 | $670,000 |
| Information not provided by applicant in mail or telephone application | 227 | $41,533,000 | $153,166 | $800,000 | $48,666 | $648,000 |
| Asian or Pacific Islander | 69 | $13,593,000 | $180,333 | $344,000 | $64,666 | $255,000 |
| Hispanic | 66 | $11,159,000 | $185,666 | $370,000 | $77,000 | $240,000 |
| Black | 27 | $3,567,000 | $110,000 | $276,000 | $45,333 | $399,000 |
| Other | 6 | $1,076,000 | $206,333 | $297,000 | $65,666 | $99,000 |
| American Indian or Alaskan Native | 2 | $254,000 | $127,000 | $189,000 | $48,000 | $60,000 |
| 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) | 1,267 | $217,332,000 | $172,833 | $800,000 | $89,500 | $670,000 |
| VA-guaranteed (Veterans Administration) | 1 | $140,000 | $140,000 | $140,000 | $71,000 | $71,000 |
| 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 |
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 | 1,093 | $188,032,000 | $191,500 | $560,000 | $93,300 | $670,000 |
| Application Withdrawn By Applicant | 76 | $14,156,000 | $182,600 | $800,000 | $100,000 | $530,000 |
| Application Denied By Financial Institution | 46 | $8,158,000 | $164,250 | $713,000 | $29,000 | $162,000 |
| Application Approved But Not Accepted | 44 | $6,749,000 | $135,750 | $352,000 | $100,500 | $500,000 |
| Loan Purchased By The Institution | 9 | $377,000 | $41,500 | $92,000 | $0 | $0 |
| File Closed For Incompleteness | 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 |
|---|---|---|---|---|---|---|
| Credit History | 20 | $2,653,000 | $132,250 | $286,000 | $26,750 | $79,000 |
| Collateral | 11 | $2,647,000 | $230,500 | $713,000 | $32,500 | $162,000 |
| Other | 6 | $1,013,000 | $181,666 | $350,000 | $48,000 | $95,000 |
| Unverifiable Information | 2 | $326,000 | $163,000 | $234,000 | $29,500 | $59,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $586,000 | $293,000 | $370,000 | $23,000 | $47,000 |
| Mortgage Insurance Denied | 2 | $257,000 | $128,000 | $131,000 | $38,000 | $77,000 |
| Debt-To-Income Ratio | 2 | $627,000 | $313,500 | $323,000 | $65,500 | $71,000 |
| Employment History | 1 | $49,000 | $49,000 | $49,000 | $23,000 | $23,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Mackinac Savings Bank Fsb'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 Mackinac Savings Bank Fsb'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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with aggregated HMDA statistics today.