Mbank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2020
Mbank 2020 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 | 2,168 |
| Total Mortgage Loan Application Amount | $343,720,000 |
| Average Mortgage Loan Application Amount | $145,000 |
| Highest Mortgage Loan Application Amount | $2,235,000 |
| Average Applicant Income | $102,800 |
| Highest Applicant Income | $1,812,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2020 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 2020 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 2020.
| 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 | 586 | $ 90,040,000 | $ 153,000 | $ 99,000 |
| Delta County Michigan | 126 | $ 15,160,000 | $ 120,000 | $ 80,000 |
| Grand Traverse County Michigan | 119 | $ 31,085,000 | $ 261,000 | $ 133,000 |
| Schoolcraft County Michigan | 111 | $ 13,065,000 | $ 117,000 | $ 101,000 |
| Alpena County Michigan | 107 | $ 16,635,000 | $ 155,000 | $ 94,000 |
| Cheboygan County Michigan | 94 | $ 13,560,000 | $ 144,000 | $ 81,000 |
| Lincoln County Wisconsin | 94 | $ 13,600,000 | $ 144,000 | $ 82,000 |
| Vilas County Wisconsin | 93 | $ 15,135,000 | $ 162,000 | $ 94,000 |
| Otsego County Michigan | 69 | $ 12,885,000 | $ 186,000 | $ 127,000 |
| Chippewa County Michigan | 48 | $ 7,640,000 | $ 159,000 | $ 131,000 |
| Luce County Michigan | 45 | $ 3,655,000 | $ 81,000 | $ 74,000 |
| Emmet County Michigan | 43 | $ 7,785,000 | $ 181,000 | $ 130,000 |
| Montmorency County Michigan | 43 | $ 5,295,000 | $ 123,000 | $ 95,000 |
| Dickinson County Michigan | 40 | $ 4,870,000 | $ 121,000 | $ 90,000 |
| Oneida County Wisconsin | 40 | $ 7,470,000 | $ 186,000 | $ 126,000 |
| Alger County Michigan | 39 | $ 5,135,000 | $ 131,000 | $ 93,000 |
| Oscoda County Michigan | 38 | $ 3,970,000 | $ 104,000 | $ 89,000 |
| Presque Isle County Michigan | 34 | $ 5,550,000 | $ 163,000 | $ 98,000 |
| Florence County Wisconsin | 32 | $ 3,240,000 | $ 101,000 | $ 82,000 |
| Menominee County Michigan | 29 | $ 3,605,000 | $ 124,000 | $ 92,000 |
| Oakland County Michigan | 29 | $ 9,435,000 | $ 325,000 | $ 221,000 |
| Leelanau County Michigan | 27 | $ 7,605,000 | $ 281,000 | $ 156,000 |
| Marinette County Wisconsin | 22 | $ 2,310,000 | $ 105,000 | $ 83,000 |
| Mackinac County Michigan | 20 | $ 2,960,000 | $ 148,000 | $ 93,000 |
| Gogebic County Michigan | 15 | $ 2,365,000 | $ 157,000 | $ 107,000 |
| Manistee County Michigan | 15 | $ 2,165,000 | $ 144,000 | $ 96,000 |
| Antrim County Michigan | 13 | $ 2,145,000 | $ 165,000 | $ 93,000 |
| Alcona County Michigan | 12 | $ 2,160,000 | $ 180,000 | $ 103,000 |
| Wexford County Michigan | 11 | $ 1,055,000 | $ 95,000 | $ 62,000 |
| Baraga County Michigan | 10 | $ 1,330,000 | $ 133,000 | $ 124,000 |
| Marathon County Wisconsin | 9 | $ 1,565,000 | $ 173,000 | $ 100,000 |
| Genesee County Michigan | 7 | $ 1,755,000 | $ 250,000 | $ 189,000 |
| Macomb County Michigan | 7 | $ 2,005,000 | $ 286,000 | $ 237,000 |
| Kalkaska County Michigan | 6 | $ 750,000 | $ 125,000 | $ 74,000 |
| Washtenaw County Michigan | 6 | $ 1,720,000 | $ 286,000 | $ 347,000 |
| Crawford County Michigan | 5 | $ 725,000 | $ 145,000 | $ 52,000 |
| Iron County Michigan | 5 | $ 1,075,000 | $ 215,000 | $ 111,000 |
| Kent County Michigan | 5 | $ 1,015,000 | $ 203,000 | $ 248,000 |
| Dane County Wisconsin | 5 | $ 1,165,000 | $ 233,000 | $ 128,000 |
| Benzie County Michigan | 4 | $ 740,000 | $ 185,000 | $ 87,000 |
| Charlevoix County Michigan | 4 | $ 990,000 | $ 247,000 | $ 90,000 |
| Houghton County Michigan | 4 | $ 480,000 | $ 120,000 | $ 94,000 |
| Lake County Michigan | 4 | $ 210,000 | $ 52,000 | $ 64,000 |
| Forest County Wisconsin | 4 | $ 560,000 | $ 140,000 | $ 68,000 |
| Manitowoc County Wisconsin | 4 | $ 1,050,000 | $ 262,000 | $ 123,000 |
| Clare County Michigan | 3 | $ 435,000 | $ 145,000 | $ 644,000 |
| Livingston County Michigan | 3 | $ 1,275,000 | $ 425,000 | $ 257,000 |
| Ottawa County Michigan | 3 | $ 515,000 | $ 171,000 | $ 98,000 |
| Milwaukee County Wisconsin | 3 | $ 1,165,000 | $ 388,000 | $ 152,000 |
| Price County Wisconsin | 3 | $ 335,000 | $ 111,000 | $ 51,000 |
| Pinal County Arizona | 2 | $ 410,000 | $ 205,000 | $ 333,000 |
| Pasco County Florida | 2 | $ 270,000 | $ 135,000 | $ 67,000 |
| St. Lucie County Florida | 2 | $ 460,000 | $ 230,000 | $ 103,000 |
| Bay County Michigan | 2 | $ 320,000 | $ 160,000 | $ 108,000 |
| Kalamazoo County Michigan | 2 | $ 260,000 | $ 130,000 | $ 114,000 |
| Missaukee County Michigan | 2 | $ 180,000 | $ 90,000 | $ 60,000 |
| Oceana County Michigan | 2 | $ 130,000 | $ 65,000 | $ 41,000 |
| Ogemaw County Michigan | 2 | $ 220,000 | $ 110,000 | $ 87,000 |
| Roscommon County Michigan | 2 | $ 160,000 | $ 80,000 | $ 116,000 |
| Shiawassee County Michigan | 2 | $ 260,000 | $ 130,000 | $ 90,000 |
| St. Clair County Michigan | 2 | $ 130,000 | $ 65,000 | $ 67,000 |
| Salt Lake County Utah | 2 | $ 630,000 | $ 315,000 | $ 121,000 |
| Brown County Wisconsin | 2 | $ 340,000 | $ 170,000 | $ 84,000 |
| Eau Claire County Wisconsin | 2 | $ 380,000 | $ 190,000 | $ 104,000 |
| Portage County Wisconsin | 2 | $ 280,000 | $ 140,000 | $ 86,000 |
| Maricopa County Arizona | 1 | $ 245,000 | $ 245,000 | $ 303,000 |
| Pima County Arizona | 1 | $ 205,000 | $ 205,000 | $ 112,000 |
| Brevard County Florida | 1 | $ 375,000 | $ 375,000 | $ 692,000 |
| Broward County Florida | 1 | $ 175,000 | $ 175,000 | $ 118,000 |
| Clay County Florida | 1 | $ 195,000 | $ 195,000 | $ 107,000 |
| Hillsborough County Florida | 1 | $ 385,000 | $ 385,000 | $ 153,000 |
| Lee County Florida | 1 | $ 145,000 | $ 145,000 | $ 62,000 |
| Nassau County Florida | 1 | $ 115,000 | $ 115,000 | $ 86,000 |
| Pinellas County Florida | 1 | $ 155,000 | $ 155,000 | $ 80,000 |
| Polk County Florida | 1 | $ 155,000 | $ 155,000 | $ 59,000 |
| St. Joseph County Indiana | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Allegan County Michigan | 1 | $ 55,000 | $ 55,000 | $ 42,000 |
| Berrien County Michigan | 1 | $ 195,000 | $ 195,000 | $ 100,000 |
| Calhoun County Michigan | 1 | $ 205,000 | $ 205,000 | $ 180,000 |
| Eaton County Michigan | 1 | $ 115,000 | $ 115,000 | $ 61,000 |
| Gladwin County Michigan | 1 | $ 35,000 | $ 35,000 | $ 24,000 |
| Gratiot County Michigan | 1 | $ 155,000 | $ 155,000 | $ 230,000 |
| Ionia County Michigan | 1 | $ 95,000 | $ 95,000 | $ 37,000 |
| Iosco County Michigan | 1 | $ 155,000 | $ 155,000 | $ 85,000 |
| Isabella County Michigan | 1 | $ 55,000 | $ 55,000 | $ 34,000 |
| Jackson County Michigan | 1 | $ 205,000 | $ 205,000 | $ 85,000 |
| Midland County Michigan | 1 | $ 175,000 | $ 175,000 | $ 314,000 |
| Ontonagon County Michigan | 1 | $ 235,000 | $ 235,000 | $ 83,000 |
| Osceola County Michigan | 1 | $ 65,000 | $ 65,000 | $ 28,000 |
| Hennepin County Minnesota | 1 | $ 165,000 | $ 165,000 | $ 71,000 |
| Wright County Minnesota | 1 | $ 45,000 | $ 45,000 | $ 65,000 |
| St. Louis City County Missouri | 1 | $ 285,000 | $ 285,000 | $ 93,000 |
| Richland County South Carolina | 1 | $ 335,000 | $ 335,000 | $ 161,000 |
| Harris County Texas | 1 | $ 65,000 | $ 65,000 | $ 52,000 |
| Cowlitz County Washington | 1 | $ 305,000 | $ 305,000 | $ 480,000 |
| Calumet County Wisconsin | 1 | $ 195,000 | $ 195,000 | $ 45,000 |
| Chippewa County Wisconsin | 1 | $ 205,000 | $ 205,000 | $ 73,000 |
| Grant County Wisconsin | 1 | $ 195,000 | $ 195,000 | $ 233,000 |
| Monroe County Wisconsin | 1 | $ 115,000 | $ 115,000 | $ 89,000 |
| Oconto County Wisconsin | 1 | $ 195,000 | $ 195,000 | $ 76,000 |
| Ozaukee County Wisconsin | 1 | $ 215,000 | $ 215,000 | $ 163,000 |
| Sauk County Wisconsin | 1 | $ 45,000 | $ 45,000 | $ 90,000 |
| Sheboygan County Wisconsin | 1 | $ 235,000 | $ 235,000 | $ 220,000 |
| Washington County Wisconsin | 1 | $ 185,000 | $ 185,000 | $ 56,000 |
| Wood County Wisconsin | 1 | $ 115,000 | $ 115,000 | $ 77,000 |
Mortgage Loan Application Detail Totals for Mbank 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 | 977 | $163,975,000 | $167,000 | $2,235,000 | $111,000 | $1,812,000 |
| Home Purchase | 704 | $100,690,000 | $143,000 | $1,645,000 | $98,000 | $779,000 |
| Cash-out Refinancing | 420 | $70,530,000 | $167,000 | $515,000 | $97,000 | $902,000 |
| Other Purpose | 46 | $6,080,000 | $132,000 | $455,000 | $130,000 | $1,015,000 |
| Home Improvement | 21 | $2,445,000 | $116,000 | $505,000 | $78,000 | $408,000 |
| 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 | 1,972 | $308,630,000 | $156,000 | $2,135,000 | $104,000 | $1,812,000 |
| Not Provided | 87 | $12,615,000 | $145,000 | $515,000 | $99,000 | $582,000 |
| Not applicable | 43 | $12,705,000 | $295,000 | $2,235,000 | $0 | $0 |
| American Indian or Alaskan Native | 38 | $4,750,000 | $125,000 | $375,000 | $78,000 | $250,000 |
| Hispanic | 11 | $1,495,000 | $135,000 | $235,000 | $112,000 | $731,000 |
| Black or African American | 6 | $960,000 | $160,000 | $415,000 | $309,000 | $850,000 |
| Asian | 5 | $1,155,000 | $231,000 | $305,000 | $131,000 | $221,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $750,000 | $187,000 | $345,000 | $74,000 | $131,000 |
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) | 2,100 | $336,680,000 | $160,000 | $2,235,000 | $106,000 | $1,812,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 68 | $7,040,000 | $103,000 | $225,000 | $43,000 | $108,000 |
| 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 | 1,576 | $258,590,000 | $164,000 | $2,235,000 | $110,000 | $1,812,000 |
| Application Approved But Not Accepted | 302 | $45,550,000 | $150,000 | $805,000 | $102,000 | $902,000 |
| Application Denied By Financial Institution | 225 | $30,835,000 | $137,000 | $2,135,000 | $69,000 | $599,000 |
| Application Withdrawn By Applicant | 65 | $8,745,000 | $134,000 | $305,000 | $100,000 | $480,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 1,943 | $312,885,000 | $161,000 | $2,235,000 | $109,000 | $1,812,000 |
| Credit History | 84 | $9,300,000 | $110,000 | $315,000 | $63,000 | $410,000 |
| Debt-To-Income Ratio | 84 | $13,160,000 | $156,000 | $2,135,000 | $49,000 | $300,000 |
| Collateral | 43 | $5,705,000 | $132,000 | $435,000 | $101,000 | $599,000 |
| Other | 7 | $1,455,000 | $207,000 | $865,000 | $122,000 | $249,000 |
| Unverifiable Information | 2 | $180,000 | $90,000 | $105,000 | $90,000 | $125,000 |
| Employment History | 2 | $290,000 | $145,000 | $205,000 | $47,000 | $59,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $530,000 | $265,000 | $415,000 | $98,000 | $148,000 |
| Mortgage Insurance Denied | 1 | $215,000 | $215,000 | $215,000 | $510,000 | $510,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Mbank'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 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.