Sterling Bank & Trust, Fsb
HMDA Loan Application Totals
and Mortgage Lending Details
for 2006
Sterling Bank & Trust, 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 | Sterling Bank & Trust, Fsb One Towne Square, 17Th Floor Southfield, MI 48076 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 | 382 |
| Total Mortgage Loan Application Amount | $113,347,000 |
| Average Mortgage Loan Application Amount | $322,000 |
| Highest Mortgage Loan Application Amount | $2,730,000 |
| Average Applicant Income | $139,666 |
| Highest Applicant Income | $2,400,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2006 with Sterling Bank & Trust, 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 Sterling Bank & Trust, Fsb's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2006 breaks down Sterling Bank & Trust, 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 Sterling Bank & Trust, Fsb serves its applicants.
Each category highlights the total number of mortgage applications processed by Sterling Bank & Trust, 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 Sterling Bank & Trust, 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 |
|---|---|---|---|---|
| San Francisco County California | 77 | $ 46,064,000 | $ 598,000 | $ 178,000 |
| Oakland County Michigan | 55 | $ 10,476,000 | $ 190,000 | $ 305,000 |
| Wayne County Michigan | 53 | $ 4,754,000 | $ 89,000 | $ 56,000 |
| Alameda County California | 20 | $ 5,932,000 | $ 296,000 | $ 135,000 |
| Macomb County Michigan | 19 | $ 3,633,000 | $ 191,000 | $ 79,000 |
| Contra Costa County California | 12 | $ 2,905,000 | $ 242,000 | $ 125,000 |
| Genesee County Michigan | 10 | $ 1,459,000 | $ 145,000 | $ 74,000 |
| Saginaw County Michigan | 6 | $ 513,000 | $ 85,000 | $ 36,000 |
| St. Clair County Michigan | 6 | $ 788,000 | $ 131,000 | $ 115,000 |
| San Mateo County California | 5 | $ 1,745,000 | $ 349,000 | $ 121,000 |
| Harrison County Mississippi | 5 | $ 750,000 | $ 150,000 | $ 220,000 |
| Monterey County California | 4 | $ 1,817,000 | $ 454,000 | $ 190,000 |
| Livingston County Michigan | 4 | $ 327,000 | $ 81,000 | $ 89,000 |
| Marin County California | 3 | $ 1,853,000 | $ 617,000 | $ 265,000 |
| Butte County California | 2 | $ 678,000 | $ 339,000 | $ 0 |
| Shasta County California | 2 | $ 2,070,000 | $ 1,035,000 | $ 0 |
| Sonoma County California | 2 | $ 1,943,000 | $ 971,000 | $ 341,000 |
| Prince George's County Maryland | 2 | $ 453,000 | $ 226,000 | $ 199,000 |
| Cheboygan County Michigan | 2 | $ 187,000 | $ 93,000 | $ 23,000 |
| Middlesex County New Jersey | 2 | $ 476,000 | $ 238,000 | $ 96,000 |
| Union County New Jersey | 2 | $ 525,000 | $ 262,000 | $ 90,000 |
| Spokane County Washington | 2 | $ 100,000 | $ 50,000 | $ 88,000 |
| Racine County Wisconsin | 2 | $ 215,000 | $ 107,000 | $ 54,000 |
| Maricopa County Arizona | 1 | $ 160,000 | $ 160,000 | $ 70,000 |
| Pima County Arizona | 1 | $ 245,000 | $ 245,000 | $ 64,000 |
| Fresno County California | 1 | $ 2,285,000 | $ 2,285,000 | $ 0 |
| Kern County California | 1 | $ 1,715,000 | $ 1,715,000 | $ 0 |
| Santa Cruz County California | 1 | $ 530,000 | $ 530,000 | $ 90,000 |
| Collier County Florida | 1 | $ 240,000 | $ 240,000 | $ 600,000 |
| Miami-Dade County Florida | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Okaloosa County Florida | 1 | $ 690,000 | $ 690,000 | $ 492,000 |
| Sumter County Florida | 1 | $ 165,000 | $ 165,000 | $ 134,000 |
| Cook County Illinois | 1 | $ 80,000 | $ 80,000 | $ 0 |
| Lake County Illinois | 1 | $ 77,000 | $ 77,000 | $ 74,000 |
| Winnebago County Illinois | 1 | $ 150,000 | $ 150,000 | $ 103,000 |
| Marshall County Indiana | 1 | $ 35,000 | $ 35,000 | $ 168,000 |
| Barnstable County Massachusetts | 1 | $ 400,000 | $ 400,000 | $ 120,000 |
| Clare County Michigan | 1 | $ 120,000 | $ 120,000 | $ 0 |
| Emmet County Michigan | 1 | $ 177,000 | $ 177,000 | $ 116,000 |
| Grand Traverse County Michigan | 1 | $ 560,000 | $ 560,000 | $ 2,400,000 |
| Ingham County Michigan | 1 | $ 120,000 | $ 120,000 | $ 45,000 |
| Iosco County Michigan | 1 | $ 67,000 | $ 67,000 | $ 57,000 |
| Jackson County Michigan | 1 | $ 52,000 | $ 52,000 | $ 42,000 |
| Lake County Michigan | 1 | $ 70,000 | $ 70,000 | $ 25,000 |
| Washtenaw County Michigan | 1 | $ 157,000 | $ 157,000 | $ 46,000 |
| Hennepin County Minnesota | 1 | $ 100,000 | $ 100,000 | $ 178,000 |
| Clark County Nevada | 1 | $ 70,000 | $ 70,000 | $ 0 |
| Essex County New Jersey | 1 | $ 75,000 | $ 75,000 | $ 83,000 |
| Dona Ana County New Mexico | 1 | $ 68,000 | $ 68,000 | $ 57,000 |
| Clackamas County Oregon | 1 | $ 172,000 | $ 172,000 | $ 67,000 |
| Washington County Oregon | 1 | $ 280,000 | $ 280,000 | $ 300,000 |
| Horry County South Carolina | 1 | $ 137,000 | $ 137,000 | $ 228,000 |
| Davidson County Tennessee | 1 | $ 99,000 | $ 99,000 | $ 180,000 |
| Sevier County Tennessee | 1 | $ 134,000 | $ 134,000 | $ 87,000 |
| Harris County Texas | 1 | $ 50,000 | $ 50,000 | $ 36,000 |
| Waupaca County Wisconsin | 1 | $ 63,000 | $ 63,000 | $ 39,000 |
Mortgage Loan Application Detail Totals for Sterling Bank & Trust, 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 | 222 | $67,978,000 | $306,000 | $2,730,000 | $114,000 | $1,123,000 |
| Refinancing | 149 | $41,139,000 | $276,000 | $2,285,000 | $216,000 | $2,400,000 |
| Home Improvement | 11 | $4,230,000 | $384,000 | $1,715,000 | $89,000 | $279,000 |
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 | 266 | $79,852,000 | $300,000 | $2,730,000 | $181,000 | $2,400,000 |
| Black or African American | 67 | $7,475,000 | $111,000 | $940,000 | $56,000 | $304,000 |
| Asian | 20 | $8,491,000 | $424,000 | $1,400,000 | $145,000 | $1,123,000 |
| Not Provided | 19 | $14,796,000 | $778,000 | $2,285,000 | $131,000 | $600,000 |
| Hispanic | 8 | $1,670,000 | $208,000 | $320,000 | $85,000 | $120,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $1,063,000 | $531,000 | $839,000 | $259,000 | $380,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 370 | $110,677,000 | $299,000 | $2,730,000 | $157,000 | $2,400,000 |
| FHA-insured (Federal Housing Administration) | 12 | $2,670,000 | $222,000 | $1,400,000 | $38,000 | $77,000 |
| 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 | 155 | $54,174,000 | $349,000 | $2,730,000 | $147,000 | $2,400,000 |
| Application Withdrawn By Applicant | 83 | $27,204,000 | $327,000 | $1,500,000 | $192,000 | $2,400,000 |
| Application Approved But Not Accepted | 75 | $17,590,000 | $234,000 | $2,247,000 | $176,000 | $2,400,000 |
| Application Denied By Financial Institution | 34 | $7,041,000 | $207,000 | $750,000 | $131,000 | $2,400,000 |
| File Closed For Incompleteness | 15 | $4,422,000 | $294,000 | $938,000 | $82,000 | $492,000 |
| Preapproval Approved but not Accepted | 10 | $1,229,000 | $122,000 | $203,000 | $65,000 | $108,000 |
| Preapproval Denied by Financial Institution | 10 | $1,687,000 | $168,000 | $560,000 | $38,000 | $142,000 |
| Loan Purchased By The 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 | 19 | $3,302,000 | $173,000 | $480,000 | $47,000 | $158,000 |
| Collateral | 12 | $2,224,000 | $185,000 | $750,000 | $261,000 | $2,400,000 |
| Debt-To-Income Ratio | 7 | $1,739,000 | $248,000 | $600,000 | $51,000 | $140,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 3 | $793,000 | $264,000 | $525,000 | $79,000 | $129,000 |
| Other | 2 | $110,000 | $55,000 | $85,000 | $27,000 | $55,000 |
| Unverifiable Information | 1 | $560,000 | $560,000 | $560,000 | $142,000 | $142,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Sterling Bank & Trust, 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 Sterling Bank & Trust, 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 Michigan, download the full spreadsheet
with aggregated HMDA statistics today.