Sterling Bank And Trust, Fsb
HMDA Loan Application Totals
and Mortgage Lending Details
for 2021
Sterling Bank And Trust, Fsb 2021 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 And Trust, Fsb One Towne Square, Suite 1900 Southfield, MI 48076 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 986 |
| Total Mortgage Loan Application Amount | $546,880,000 |
| Average Mortgage Loan Application Amount | $477,500 |
| Highest Mortgage Loan Application Amount | $28,005,000 |
| Average Applicant Income | $160,000 |
| Highest Applicant Income | $5,400,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2021 with Sterling Bank And 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 And Trust, Fsb's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2021 breaks down Sterling Bank And 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 And Trust, Fsb serves its applicants.
Each category highlights the total number of mortgage applications processed by Sterling Bank And 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 And Trust, Fsb's mortgage activity for 2021.
| 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 | 267 | $ 192,025,000 | $ 719,000 | $ 218,000 |
| Los Angeles County California | 197 | $ 95,145,000 | $ 482,000 | $ 175,000 |
| Alameda County California | 110 | $ 44,100,000 | $ 400,000 | $ 190,000 |
| Contra Costa County California | 62 | $ 22,610,000 | $ 364,000 | $ 138,000 |
| San Bernardino County California | 54 | $ 17,930,000 | $ 332,000 | $ 136,000 |
| San Mateo County California | 47 | $ 25,295,000 | $ 538,000 | $ 203,000 |
| Santa Clara County California | 35 | $ 18,905,000 | $ 540,000 | $ 231,000 |
| Queens County New York | 26 | $ 10,080,000 | $ 387,000 | $ 118,000 |
| Riverside County California | 19 | $ 5,595,000 | $ 294,000 | $ 140,000 |
| Orange County California | 18 | $ 10,590,000 | $ 588,000 | $ 317,000 |
| Sacramento County California | 10 | $ 2,310,000 | $ 231,000 | $ 105,000 |
| Nassau County New York | 9 | $ 2,825,000 | $ 313,000 | $ 116,000 |
| Richmond County New York | 7 | $ 2,665,000 | $ 380,000 | $ 98,000 |
| Santa Cruz County California | 5 | $ 2,645,000 | $ 529,000 | $ 199,000 |
| Marin County California | 4 | $ 1,740,000 | $ 435,000 | $ 119,000 |
| San Diego County California | 3 | $ 1,945,000 | $ 648,000 | $ 210,000 |
| Oakland County Michigan | 3 | $ 545,000 | $ 181,000 | $ 210,000 |
| Solano County California | 2 | $ 480,000 | $ 240,000 | $ 144,000 |
| Sonoma County California | 2 | $ 1,110,000 | $ 555,000 | $ 126,000 |
| Stanislaus County California | 2 | $ 500,000 | $ 250,000 | $ 176,000 |
| Muskegon County Michigan | 2 | $ 430,000 | $ 215,000 | $ 104,000 |
| Wayne County Michigan | 2 | $ 150,000 | $ 75,000 | $ 78,000 |
| Kings County New York | 2 | $ 8,760,000 | $ 4,380,000 | $ 0 |
| New York County New York | 2 | $ 28,210,000 | $ 14,105,000 | $ 199,000 |
| King County Washington | 2 | $ 720,000 | $ 360,000 | $ 160,000 |
| Fresno County California | 1 | $ 155,000 | $ 155,000 | $ 46,000 |
| Lake County California | 1 | $ 95,000 | $ 95,000 | $ 120,000 |
| Merced County California | 1 | $ 235,000 | $ 235,000 | $ 97,000 |
| Placer County California | 1 | $ 315,000 | $ 315,000 | $ 53,000 |
| Santa Barbara County California | 1 | $ 105,000 | $ 105,000 | $ 190,000 |
| Hartford County Connecticut | 1 | $ 45,000 | $ 45,000 | $ 108,000 |
| New Castle County Delaware | 1 | $ 195,000 | $ 195,000 | $ 51,000 |
| Hernando County Florida | 1 | $ 125,000 | $ 125,000 | $ 72,000 |
| Pinellas County Florida | 1 | $ 85,000 | $ 85,000 | $ 112,000 |
| Baltimore County Maryland | 1 | $ 145,000 | $ 145,000 | $ 58,000 |
| Charles County Maryland | 1 | $ 195,000 | $ 195,000 | $ 66,000 |
| Middlesex County Massachusetts | 1 | $ 915,000 | $ 915,000 | $ 221,000 |
| Genesee County Michigan | 1 | $ 235,000 | $ 235,000 | $ 110,000 |
| Iosco County Michigan | 1 | $ 65,000 | $ 65,000 | $ 173,000 |
| Bergen County New Jersey | 1 | $ 475,000 | $ 475,000 | $ 95,000 |
| Suffolk County New York | 1 | $ 255,000 | $ 255,000 | $ 96,000 |
| Delaware County Ohio | 1 | $ 135,000 | $ 135,000 | $ 48,000 |
| Clackamas County Oregon | 1 | $ 385,000 | $ 385,000 | $ 504,000 |
| Philadelphia County Pennsylvania | 1 | $ 125,000 | $ 125,000 | $ 48,000 |
| Davidson County Tennessee | 1 | $ 185,000 | $ 185,000 | $ 84,000 |
| Clallam County Washington | 1 | $ 145,000 | $ 145,000 | $ 99,000 |
Mortgage Loan Application Detail Totals for Sterling Bank And Trust, Fsb in 2021
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 | 747 | $424,275,000 | $567,000 | $28,005,000 | $185,000 | $5,400,000 |
| Refinancing | 181 | $95,675,000 | $528,000 | $6,605,000 | $188,000 | $684,000 |
| Cash-out Refinancing | 50 | $24,290,000 | $485,000 | $2,755,000 | $151,000 | $442,000 |
| Home Improvement | 8 | $2,640,000 | $330,000 | $495,000 | $116,000 | $185,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 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 |
|---|---|---|---|---|---|---|
| Asian | 577 | $258,755,000 | $448,000 | $1,865,000 | $178,000 | $5,400,000 |
| White | 261 | $168,035,000 | $643,000 | $8,405,000 | $203,000 | $1,740,000 |
| Not Provided | 86 | $44,390,000 | $516,000 | $1,295,000 | $177,000 | $672,000 |
| Hispanic | 40 | $19,300,000 | $482,000 | $955,000 | $172,000 | $650,000 |
| Black or African American | 13 | $5,805,000 | $446,000 | $945,000 | $130,000 | $327,000 |
| Not applicable | 9 | $50,595,000 | $5,621,000 | $28,005,000 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 986 | $546,880,000 | $554,000 | $28,005,000 | $183,000 | $5,400,000 |
| 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 Purchased By The Institution | 432 | $175,340,000 | $405,000 | $1,865,000 | $179,000 | $5,400,000 |
| Loan Originated | 268 | $189,810,000 | $708,000 | $28,005,000 | $199,000 | $745,000 |
| Application Denied By Financial Institution | 167 | $102,665,000 | $614,000 | $8,405,000 | $168,000 | $1,740,000 |
| Application Withdrawn By Applicant | 70 | $50,410,000 | $720,000 | $6,005,000 | $190,000 | $672,000 |
| Application Approved But Not Accepted | 27 | $12,985,000 | $480,000 | $1,295,000 | $176,000 | $520,000 |
| Preapproval Approved but not Accepted | 9 | $7,575,000 | $841,000 | $1,165,000 | $245,000 | $457,000 |
| File Closed For Incompleteness | 7 | $3,945,000 | $563,000 | $1,025,000 | $129,000 | $230,000 |
| Preapproval Denied by Financial Institution | 6 | $4,150,000 | $691,000 | $1,055,000 | $95,000 | $200,000 |
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 | 813 | $440,065,000 | $541,000 | $28,005,000 | $187,000 | $5,400,000 |
| Credit Application Incomplete | 87 | $53,465,000 | $614,000 | $8,405,000 | $154,000 | $1,740,000 |
| Debt-To-Income Ratio | 41 | $28,765,000 | $701,000 | $6,605,000 | $132,000 | $413,000 |
| Collateral | 19 | $11,385,000 | $599,000 | $1,165,000 | $244,000 | $550,000 |
| Other | 15 | $7,725,000 | $515,000 | $1,055,000 | $186,000 | $440,000 |
| Credit History | 5 | $2,235,000 | $447,000 | $625,000 | $214,000 | $403,000 |
| Unverifiable Information | 4 | $2,630,000 | $657,000 | $1,125,000 | $200,000 | $307,000 |
| Employment History | 2 | $610,000 | $305,000 | $355,000 | $145,000 | $146,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Sterling Bank And Trust, Fsb's 2021 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 And 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.