Mackinac Savings Bank Fsb
HMDA Loan Application Totals
and Mortgage Lending Details
for 2005
Mackinac Savings Bank Fsb 2005 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 | 632 |
| Total Mortgage Loan Application Amount | $109,448,000 |
| Average Mortgage Loan Application Amount | $190,965 |
| Highest Mortgage Loan Application Amount | $654,000 |
| Average Applicant Income | $86,517 |
| Highest Applicant Income | $780,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2005 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 2005 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 2005.
| 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 | 206 | $ 39,252,000 | $ 190,000 | $ 67,000 |
| Broward County Florida | 171 | $ 29,511,000 | $ 172,000 | $ 67,000 |
| Macomb County Michigan | 64 | $ 2,509,000 | $ 39,000 | $ 30,000 |
| Palm Beach County Florida | 34 | $ 7,124,000 | $ 209,000 | $ 73,000 |
| Oakland County Michigan | 16 | $ 3,232,000 | $ 202,000 | $ 150,000 |
| Miami-Dade County Florida | 14 | $ 1,961,000 | $ 140,000 | $ 71,000 |
| Pinellas County Florida | 11 | $ 1,676,000 | $ 152,000 | $ 61,000 |
| Wayne County Michigan | 9 | $ 1,553,000 | $ 172,000 | $ 76,000 |
| Barnstable County Massachusetts | 6 | $ 1,905,000 | $ 317,000 | $ 41,000 |
| Hampden County Massachusetts | 6 | $ 1,095,000 | $ 182,000 | $ 43,000 |
| Middlesex County Massachusetts | 6 | $ 1,588,000 | $ 264,000 | $ 63,000 |
| Lee County Florida | 4 | $ 857,000 | $ 214,000 | $ 144,000 |
| Polk County Florida | 4 | $ 534,000 | $ 133,000 | $ 86,000 |
| Brevard County Florida | 3 | $ 694,000 | $ 231,000 | $ 196,000 |
| Citrus County Florida | 3 | $ 504,000 | $ 168,000 | $ 44,000 |
| Martin County Florida | 3 | $ 766,000 | $ 255,000 | $ 130,000 |
| Osceola County Florida | 3 | $ 640,000 | $ 213,000 | $ 152,000 |
| Jackson County Michigan | 3 | $ 458,000 | $ 152,000 | $ 56,000 |
| Washtenaw County Michigan | 3 | $ 670,000 | $ 223,000 | $ 113,000 |
| Maricopa County Arizona | 2 | $ 335,000 | $ 167,000 | $ 72,000 |
| New Haven County Connecticut | 2 | $ 467,000 | $ 233,000 | $ 182,000 |
| Windham County Connecticut | 2 | $ 333,000 | $ 166,000 | $ 20,000 |
| Collier County Florida | 2 | $ 445,000 | $ 222,000 | $ 36,000 |
| Orange County Florida | 2 | $ 232,000 | $ 116,000 | $ 145,000 |
| York County Maine | 2 | $ 358,000 | $ 179,000 | $ 116,000 |
| Ingham County Michigan | 2 | $ 205,000 | $ 102,000 | $ 43,000 |
| Livingston County Michigan | 2 | $ 254,000 | $ 127,000 | $ 104,000 |
| Monroe County Michigan | 2 | $ 521,000 | $ 260,000 | $ 123,000 |
| Hillsborough County New Hampshire | 2 | $ 230,000 | $ 115,000 | $ 102,000 |
| Pima County Arizona | 1 | $ 150,000 | $ 150,000 | $ 40,000 |
| Los Angeles County California | 1 | $ 360,000 | $ 360,000 | $ 109,000 |
| Denver County Colorado | 1 | $ 244,000 | $ 244,000 | $ 98,000 |
| Jefferson County Colorado | 1 | $ 132,000 | $ 132,000 | $ 56,000 |
| Hardee County Florida | 1 | $ 307,000 | $ 307,000 | $ 246,000 |
| Hillsborough County Florida | 1 | $ 171,000 | $ 171,000 | $ 265,000 |
| Monroe County Florida | 1 | $ 455,000 | $ 455,000 | $ 279,000 |
| Nassau County Florida | 1 | $ 160,000 | $ 160,000 | $ 148,000 |
| Sarasota County Florida | 1 | $ 360,000 | $ 360,000 | $ 158,000 |
| Volusia County Florida | 1 | $ 134,000 | $ 134,000 | $ 26,000 |
| Bibb County Georgia | 1 | $ 140,000 | $ 140,000 | $ 48,000 |
| Fulton County Georgia | 1 | $ 145,000 | $ 145,000 | $ 48,000 |
| Gwinnett County Georgia | 1 | $ 458,000 | $ 458,000 | $ 108,000 |
| Houston County Georgia | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Cook County Illinois | 1 | $ 325,000 | $ 325,000 | $ 75,000 |
| McHenry County Illinois | 1 | $ 100,000 | $ 100,000 | $ 64,000 |
| Anne Arundel County Maryland | 1 | $ 300,000 | $ 300,000 | $ 0 |
| Berkshire County Massachusetts | 1 | $ 80,000 | $ 80,000 | $ 0 |
| Hampshire County Massachusetts | 1 | $ 312,000 | $ 312,000 | $ 241,000 |
| Norfolk County Massachusetts | 1 | $ 384,000 | $ 384,000 | $ 0 |
| Plymouth County Massachusetts | 1 | $ 311,000 | $ 311,000 | $ 53,000 |
| Suffolk County Massachusetts | 1 | $ 284,000 | $ 284,000 | $ 296,000 |
| Allegan County Michigan | 1 | $ 92,000 | $ 92,000 | $ 77,000 |
| Barry County Michigan | 1 | $ 160,000 | $ 160,000 | $ 53,000 |
| Benzie County Michigan | 1 | $ 223,000 | $ 223,000 | $ 106,000 |
| Eaton County Michigan | 1 | $ 166,000 | $ 166,000 | $ 73,000 |
| Genesee County Michigan | 1 | $ 315,000 | $ 315,000 | $ 68,000 |
| Hillsdale County Michigan | 1 | $ 200,000 | $ 200,000 | $ 31,000 |
| Lenawee County Michigan | 1 | $ 200,000 | $ 200,000 | $ 127,000 |
| Oscoda County Michigan | 1 | $ 235,000 | $ 235,000 | $ 528,000 |
| Sanilac County Michigan | 1 | $ 99,000 | $ 99,000 | $ 34,000 |
| Ramsey County Minnesota | 1 | $ 230,000 | $ 230,000 | $ 45,000 |
| Rockingham County New Hampshire | 1 | $ 75,000 | $ 75,000 | $ 70,000 |
| Hudson County New Jersey | 1 | $ 640,000 | $ 640,000 | $ 271,000 |
| Ocean County New Jersey | 1 | $ 186,000 | $ 186,000 | $ 34,000 |
| Orange County North Carolina | 1 | $ 288,000 | $ 288,000 | $ 255,000 |
| Northampton County Pennsylvania | 1 | $ 58,000 | $ 58,000 | $ 65,000 |
| Harris County Texas | 1 | $ 81,000 | $ 81,000 | $ 70,000 |
| Nueces County Texas | 1 | $ 73,000 | $ 73,000 | $ 0 |
| Parker County Texas | 1 | $ 288,000 | $ 288,000 | $ 0 |
| Alexandria County Virginia | 1 | $ 93,000 | $ 93,000 | $ 350,000 |
| Fairfax City County Virginia | 1 | $ 210,000 | $ 210,000 | $ 55,000 |
| Monongalia County West Virginia | 1 | $ 260,000 | $ 260,000 | $ 109,000 |
Mortgage Loan Application Detail Totals for Mackinac Savings Bank Fsb in 2005
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 | 326 | $57,317,000 | $180,357 | $654,000 | $63,000 | $780,000 |
| Refinancing | 306 | $52,131,000 | $200,866 | $640,000 | $108,466 | $583,000 |
| Home Improvement | 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 | 513 | $87,165,000 | $191,947 | $654,000 | $73,421 | $583,000 |
| Hispanic | 67 | $13,174,000 | $313,400 | $640,000 | $126,200 | $460,000 |
| Black or African American | 22 | $3,060,000 | $156,000 | $351,000 | $71,500 | $148,000 |
| Asian | 13 | $2,646,000 | $175,666 | $380,000 | $81,666 | $271,000 |
| Not Provided | 12 | $2,552,000 | $221,600 | $551,000 | $124,600 | $780,000 |
| American Indian or Alaskan Native | 3 | $509,000 | $137,500 | $358,000 | $109,500 | $182,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $342,000 | $171,000 | $307,000 | $123,000 | $246,000 |
| 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) | 632 | $109,448,000 | $206,421 | $654,000 | $91,000 | $780,000 |
| 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 |
|---|---|---|---|---|---|---|
| Loan Originated | 502 | $91,136,000 | $202,062 | $654,000 | $85,812 | $583,000 |
| Application Denied By Financial Institution | 50 | $4,993,000 | $105,500 | $385,000 | $122,250 | $350,000 |
| Application Withdrawn By Applicant | 38 | $6,635,000 | $225,000 | $640,000 | $95,625 | $780,000 |
| Application Approved But Not Accepted | 36 | $5,491,000 | $117,666 | $361,000 | $53,333 | $460,000 |
| Loan Purchased By The Institution | 6 | $1,193,000 | $224,750 | $551,000 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $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 | 26 | $1,699,000 | $90,000 | $250,000 | $118,000 | $350,000 |
| Debt-To-Income Ratio | 12 | $1,581,000 | $136,500 | $315,000 | $38,000 | $71,000 |
| Collateral | 6 | $1,139,000 | $267,500 | $385,000 | $50,000 | $208,000 |
| Other | 4 | $338,000 | $74,000 | $144,000 | $31,500 | $55,000 |
| Employment History | 1 | $130,000 | $130,000 | $130,000 | $28,000 | $28,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $106,000 | $106,000 | $106,000 | $84,000 | $84,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Mackinac Savings Bank Fsb's 2005 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.
For a list of all lenders in Florida, download the full spreadsheet
with aggregated HMDA statistics today.