Mbank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2009
Mbank 2009 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 | Mbank 130 S Cedar St Manistique, MI 49854 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 2008 2007 |
| Total Number of Mortgage Applications | 357 |
| Total Mortgage Loan Application Amount | $53,494,000 |
| Average Mortgage Loan Application Amount | $121,666 |
| Highest Mortgage Loan Application Amount | $3,738,000 |
| Average Applicant Income | $84,333 |
| Highest Applicant Income | $821,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2009 with Mbank. 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 Mbank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2009 breaks down Mbank'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 Mbank serves its applicants.
Each category highlights the total number of mortgage applications processed by Mbank, 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 Mbank's mortgage activity for 2009.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Marquette County Michigan | 85 | $ 12,850,000 | $ 151,000 | $ 108,000 |
| Otsego County Michigan | 51 | $ 6,353,000 | $ 124,000 | $ 79,000 |
| Luce County Michigan | 37 | $ 2,874,000 | $ 77,000 | $ 71,000 |
| Schoolcraft County Michigan | 36 | $ 4,099,000 | $ 113,000 | $ 109,000 |
| Chippewa County Michigan | 19 | $ 1,860,000 | $ 97,000 | $ 59,000 |
| Delta County Michigan | 18 | $ 2,270,000 | $ 126,000 | $ 82,000 |
| Menominee County Michigan | 18 | $ 1,428,000 | $ 79,000 | $ 60,000 |
| Grand Traverse County Michigan | 14 | $ 3,025,000 | $ 216,000 | $ 138,000 |
| Mackinac County Michigan | 13 | $ 3,527,000 | $ 271,000 | $ 45,000 |
| Houghton County Michigan | 8 | $ 628,000 | $ 78,000 | $ 45,000 |
| Emmet County Michigan | 7 | $ 1,248,000 | $ 178,000 | $ 66,000 |
| Leelanau County Michigan | 6 | $ 1,177,000 | $ 196,000 | $ 92,000 |
| Alger County Michigan | 4 | $ 633,000 | $ 158,000 | $ 74,000 |
| Oakland County Michigan | 4 | $ 2,390,000 | $ 597,000 | $ 110,000 |
| Ontonagon County Michigan | 4 | $ 163,000 | $ 40,000 | $ 57,000 |
| Charlevoix County Michigan | 3 | $ 457,000 | $ 152,000 | $ 101,000 |
| Crawford County Michigan | 3 | $ 359,000 | $ 119,000 | $ 65,000 |
| Dickinson County Michigan | 3 | $ 483,000 | $ 161,000 | $ 152,000 |
| Antrim County Michigan | 2 | $ 567,000 | $ 283,000 | $ 87,000 |
| Baraga County Michigan | 2 | $ 362,000 | $ 181,000 | $ 139,000 |
| Benzie County Michigan | 2 | $ 331,000 | $ 165,000 | $ 64,000 |
| Cheboygan County Michigan | 2 | $ 195,000 | $ 97,000 | $ 56,000 |
| Wexford County Michigan | 2 | $ 38,000 | $ 19,000 | $ 54,000 |
| Collier County Florida | 1 | $ 416,000 | $ 416,000 | $ 69,000 |
| Monroe County Florida | 1 | $ 3,738,000 | $ 3,738,000 | $ 0 |
| Bay County Michigan | 1 | $ 102,000 | $ 102,000 | $ 40,000 |
| Gogebic County Michigan | 1 | $ 20,000 | $ 20,000 | $ 25,000 |
| Iron County Michigan | 1 | $ 113,000 | $ 113,000 | $ 88,000 |
| Kalkaska County Michigan | 1 | $ 261,000 | $ 261,000 | $ 81,000 |
| Lake County Michigan | 1 | $ 180,000 | $ 180,000 | $ 96,000 |
| Macomb County Michigan | 1 | $ 475,000 | $ 475,000 | $ 0 |
| Manistee County Michigan | 1 | $ 16,000 | $ 16,000 | $ 23,000 |
| Missaukee County Michigan | 1 | $ 64,000 | $ 64,000 | $ 59,000 |
| Montmorency County Michigan | 1 | $ 95,000 | $ 95,000 | $ 58,000 |
| Ottawa County Michigan | 1 | $ 151,000 | $ 151,000 | $ 43,000 |
| Wayne County Michigan | 1 | $ 251,000 | $ 251,000 | $ 821,000 |
| Delaware County Ohio | 1 | $ 295,000 | $ 295,000 | $ 197,000 |
Mortgage Loan Application Detail Totals for Mbank in 2009
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 | 232 | $40,386,000 | $174,000 | $3,738,000 | $93,000 | $821,000 |
| Home Purchase | 99 | $11,012,000 | $111,000 | $700,000 | $81,000 | $395,000 |
| Home Improvement | 26 | $2,096,000 | $80,000 | $417,000 | $79,000 | $377,000 |
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 | 343 | $44,737,000 | $130,000 | $746,000 | $91,000 | $821,000 |
| Not applicable | 11 | $8,534,000 | $775,000 | $3,738,000 | $0 | $0 |
| Asian | 2 | $109,000 | $54,000 | $60,000 | $134,000 | $134,000 |
| American Indian or Alaskan Native | 1 | $114,000 | $114,000 | $114,000 | $62,000 | $62,000 |
| Not Provided | 0 | $0 | $0 | $0 | $0 | $0 |
| Black or African American | 0 | $0 | $0 | $0 | $0 | $0 |
| Hispanic | 0 | $0 | $0 | $0 | $0 | $0 |
| 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) | 341 | $52,035,000 | $152,000 | $3,738,000 | $91,000 | $821,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 16 | $1,459,000 | $91,000 | $221,000 | $45,000 | $99,000 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FHA-insured (Federal Housing 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 | 257 | $40,237,000 | $156,000 | $3,738,000 | $94,000 | $821,000 |
| Application Approved But Not Accepted | 52 | $7,521,000 | $144,000 | $417,000 | $91,000 | $412,000 |
| Application Denied By Financial Institution | 30 | $3,042,000 | $101,000 | $400,000 | $54,000 | $136,000 |
| Application Withdrawn By Applicant | 18 | $2,694,000 | $149,000 | $700,000 | $63,000 | $248,000 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Mbank's 2009 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 Mbank'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 Michigan, download the full spreadsheet
with aggregated HMDA statistics today.