Mackinac Savings Bank Fsb
HMDA Loan Application Totals
and Mortgage Lending Details
for 2006
Mackinac Savings Bank Fsb 2006 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 | 583 |
| Total Mortgage Loan Application Amount | $100,543,000 |
| Average Mortgage Loan Application Amount | $172,000 |
| Highest Mortgage Loan Application Amount | $1,000,000 |
| Average Applicant Income | $70,500 |
| Highest Applicant Income | $812,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2006 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 2006 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 2006.
| 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 | 173 | $ 36,212,000 | $ 209,000 | $ 72,000 |
| Broward County Florida | 134 | $ 26,252,000 | $ 195,000 | $ 72,000 |
| Macomb County Michigan | 84 | $ 3,224,000 | $ 38,000 | $ 35,000 |
| Washtenaw County Michigan | 27 | $ 1,584,000 | $ 58,000 | $ 47,000 |
| Oakland County Michigan | 26 | $ 2,521,000 | $ 96,000 | $ 100,000 |
| Palm Beach County Florida | 25 | $ 4,262,000 | $ 170,000 | $ 91,000 |
| Wayne County Michigan | 13 | $ 1,149,000 | $ 88,000 | $ 43,000 |
| Middlesex County Massachusetts | 9 | $ 3,556,000 | $ 395,000 | $ 126,000 |
| Windham County Connecticut | 7 | $ 942,000 | $ 134,000 | $ 64,000 |
| Miami-Dade County Florida | 7 | $ 2,065,000 | $ 295,000 | $ 161,000 |
| Suffolk County Massachusetts | 6 | $ 2,721,000 | $ 453,000 | $ 96,000 |
| Livingston County Michigan | 4 | $ 482,000 | $ 120,000 | $ 9,000 |
| Pinellas County Florida | 3 | $ 451,000 | $ 150,000 | $ 0 |
| Cook County Illinois | 3 | $ 849,000 | $ 283,000 | $ 256,000 |
| Bristol County Massachusetts | 3 | $ 955,000 | $ 318,000 | $ 10,000 |
| Hampden County Massachusetts | 3 | $ 433,000 | $ 144,000 | $ 22,000 |
| Hampshire County Massachusetts | 3 | $ 449,000 | $ 149,000 | $ 0 |
| New Haven County Connecticut | 2 | $ 555,000 | $ 277,000 | $ 54,000 |
| Brevard County Florida | 2 | $ 371,000 | $ 185,000 | $ 58,000 |
| Marion County Florida | 2 | $ 321,000 | $ 160,000 | $ 23,000 |
| Seminole County Florida | 2 | $ 162,000 | $ 81,000 | $ 22,000 |
| York County Maine | 2 | $ 445,000 | $ 222,000 | $ 105,000 |
| Essex County Massachusetts | 2 | $ 686,000 | $ 343,000 | $ 119,000 |
| Essex County New Jersey | 2 | $ 271,000 | $ 135,000 | $ 105,000 |
| Yates County New York | 2 | $ 290,000 | $ 145,000 | $ 230,000 |
| Cuyahoga County Ohio | 2 | $ 542,000 | $ 271,000 | $ 0 |
| Maricopa County Arizona | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Pima County Arizona | 1 | $ 256,000 | $ 256,000 | $ 185,000 |
| San Diego County California | 1 | $ 1,000,000 | $ 1,000,000 | $ 812,000 |
| New London County Connecticut | 1 | $ 385,000 | $ 385,000 | $ 132,000 |
| Charlotte County Florida | 1 | $ 261,000 | $ 261,000 | $ 109,000 |
| Duval County Florida | 1 | $ 50,000 | $ 50,000 | $ 37,000 |
| Hillsborough County Florida | 1 | $ 400,000 | $ 400,000 | $ 74,000 |
| Indian River County Florida | 1 | $ 412,000 | $ 412,000 | $ 0 |
| Manatee County Florida | 1 | $ 125,000 | $ 125,000 | $ 146,000 |
| Orange County Florida | 1 | $ 160,000 | $ 160,000 | $ 128,000 |
| Osceola County Florida | 1 | $ 62,000 | $ 62,000 | $ 31,000 |
| Polk County Florida | 1 | $ 210,000 | $ 210,000 | $ 73,000 |
| Cherokee County Georgia | 1 | $ 162,000 | $ 162,000 | $ 36,000 |
| Fayette County Georgia | 1 | $ 330,000 | $ 330,000 | $ 72,000 |
| Frederick County Maryland | 1 | $ 469,000 | $ 469,000 | $ 119,000 |
| Norfolk County Massachusetts | 1 | $ 506,000 | $ 506,000 | $ 0 |
| Allegan County Michigan | 1 | $ 350,000 | $ 350,000 | $ 129,000 |
| Cheboygan County Michigan | 1 | $ 160,000 | $ 160,000 | $ 27,000 |
| Clinton County Michigan | 1 | $ 217,000 | $ 217,000 | $ 150,000 |
| Ingham County Michigan | 1 | $ 62,000 | $ 62,000 | $ 0 |
| Lenawee County Michigan | 1 | $ 120,000 | $ 120,000 | $ 131,000 |
| Gallatin County Montana | 1 | $ 385,000 | $ 385,000 | $ 199,000 |
| Sullivan County New Hampshire | 1 | $ 255,000 | $ 255,000 | $ 218,000 |
| Ocean County New Jersey | 1 | $ 75,000 | $ 75,000 | $ 28,000 |
| Suffolk County New York | 1 | $ 170,000 | $ 170,000 | $ 49,000 |
| Westchester County New York | 1 | $ 270,000 | $ 270,000 | $ 142,000 |
| Cabarrus County North Carolina | 1 | $ 200,000 | $ 200,000 | $ 122,000 |
| Forsyth County North Carolina | 1 | $ 147,000 | $ 147,000 | $ 128,000 |
| Pasquotank County North Carolina | 1 | $ 380,000 | $ 380,000 | $ 293,000 |
| Tulsa County Oklahoma | 1 | $ 230,000 | $ 230,000 | $ 0 |
| Chester County Pennsylvania | 1 | $ 185,000 | $ 185,000 | $ 72,000 |
| Lackawanna County Pennsylvania | 1 | $ 42,000 | $ 42,000 | $ 49,000 |
| Northampton County Pennsylvania | 1 | $ 230,000 | $ 230,000 | $ 65,000 |
| Providence County Rhode Island | 1 | $ 152,000 | $ 152,000 | $ 42,000 |
| Richland County South Carolina | 1 | $ 150,000 | $ 150,000 | $ 110,000 |
Mortgage Loan Application Detail Totals for Mackinac Savings Bank Fsb in 2006
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 | 292 | $51,927,000 | $177,000 | $756,000 | $77,000 | $534,000 |
| Refinancing | 291 | $48,616,000 | $167,000 | $1,000,000 | $64,000 | $812,000 |
| 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 | 499 | $86,305,000 | $172,000 | $1,000,000 | $72,000 | $812,000 |
| Hispanic | 37 | $7,846,000 | $212,000 | $585,000 | $62,000 | $322,000 |
| Black or African American | 34 | $3,867,000 | $113,000 | $368,000 | $56,000 | $174,000 |
| Asian | 8 | $1,755,000 | $219,000 | $412,000 | $94,000 | $199,000 |
| Not Provided | 3 | $572,000 | $190,000 | $271,000 | $76,000 | $96,000 |
| Not applicable | 1 | $66,000 | $66,000 | $66,000 | $0 | $0 |
| American Indian or Alaskan Native | 1 | $132,000 | $132,000 | $132,000 | $78,000 | $78,000 |
| 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) | 582 | $100,256,000 | $172,000 | $1,000,000 | $71,000 | $812,000 |
| FHA-insured (Federal Housing Administration) | 1 | $287,000 | $287,000 | $287,000 | $49,000 | $49,000 |
| 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 | 460 | $81,879,000 | $177,000 | $1,000,000 | $74,000 | $812,000 |
| Application Denied By Financial Institution | 71 | $8,085,000 | $113,000 | $545,000 | $43,000 | $276,000 |
| Application Approved But Not Accepted | 29 | $5,327,000 | $183,000 | $560,000 | $77,000 | $283,000 |
| Application Withdrawn By Applicant | 23 | $5,252,000 | $228,000 | $600,000 | $78,000 | $258,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial 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 |
|---|---|---|---|---|---|---|
| Credit History | 39 | $3,252,000 | $83,000 | $315,000 | $48,000 | $135,000 |
| Debt-To-Income Ratio | 16 | $2,450,000 | $153,000 | $545,000 | $54,000 | $276,000 |
| Other | 7 | $1,103,000 | $157,000 | $400,000 | $22,000 | $68,000 |
| Collateral | 4 | $198,000 | $49,000 | $62,000 | $29,000 | $49,000 |
| Unverifiable Information | 2 | $516,000 | $258,000 | $469,000 | $7,000 | $14,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $426,000 | $213,000 | $287,000 | $24,000 | $49,000 |
| Employment History | 1 | $140,000 | $140,000 | $140,000 | $0 | $0 |
| 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 Mackinac Savings Bank Fsb's 2006 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.