Tcf National Bank Mortgage Lending & HMDA Data, 2016

In 2016, Tcf National Bank of Sioux Falls, SD reported 5,853 mortgage applications totaling $1.6 billion, up 31% from 2015. The average application was for $280,893, and applicants reported an average income of $74,865. 40% of its applications resulted in an originated loan and 29% were denied. Its largest markets were Minneapolis-St. Paul-Bloomington, MN-WI (1,837), Chicago-Naperville-Arlington Heights, IL (1,706) and Warren-Troy-Farmington Hills, MI (552) (applications in parentheses).

Mortgage Company & Address Tcf National Bank
2508 Louise Ave S (Pcc-2e-L)
Sioux Falls, SD 57106
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 5,853
Total Mortgage Loan Application Amount $1,644,068,000
Average Mortgage Loan Application Amount $280,893
Highest Mortgage Loan Application Amount $65,000,000
Average Applicant Income $74,865
Highest Applicant Income $1,406,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Tcf National Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Tcf National Bank by County in 2016

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Cook, Illinois 1,292 $ 258,251,000 $ 199,884 $ 68,000
Hennepin, Minnesota 615 $ 257,355,000 $ 418,463 $ 86,000
Washtenaw, Michigan 477 $ 72,189,000 $ 151,339 $ 74,000
Dakota, Minnesota 337 $ 79,065,000 $ 234,614 $ 87,000
Anoka, Minnesota 307 $ 48,124,000 $ 156,755 $ 79,000
Oakland, Michigan 263 $ 35,830,000 $ 136,235 $ 66,000
Ramsey, Minnesota 231 $ 55,558,000 $ 240,510 $ 88,000
DuPage, Illinois 213 $ 67,797,000 $ 318,295 $ 72,000
Macomb, Michigan 191 $ 28,767,000 $ 150,612 $ 54,000
Wayne, Michigan 168 $ 17,867,000 $ 106,351 $ 63,000
Milwaukee, Wisconsin 162 $ 94,593,000 $ 583,907 $ 60,000
Will, Illinois 137 $ 18,228,000 $ 133,051 $ 76,000
Washington, Minnesota 119 $ 21,351,000 $ 179,420 $ 82,000
Livingston, Michigan 84 $ 12,775,000 $ 152,083 $ 81,000
Maricopa, Arizona 81 $ 20,424,000 $ 252,148 $ 65,000
El Paso, Colorado 71 $ 37,302,000 $ 525,380 $ 63,000
Lake, Illinois 67 $ 9,418,000 $ 140,567 $ 62,000
Kane, Illinois 64 $ 8,770,000 $ 137,031 $ 57,000
Arapahoe, Colorado 61 $ 17,677,000 $ 289,786 $ 115,000
Scott, Minnesota 60 $ 11,086,000 $ 184,766 $ 97,000
Denver, Colorado 58 $ 44,353,000 $ 764,706 $ 85,000
Kenosha, Wisconsin 56 $ 5,343,000 $ 95,410 $ 61,000
Jefferson, Colorado 48 $ 20,137,000 $ 419,520 $ 88,000
Wright, Minnesota 47 $ 7,526,000 $ 160,127 $ 99,000
Carver, Minnesota 42 $ 8,394,000 $ 199,857 $ 98,000
Adams, Colorado 37 $ 8,739,000 $ 236,189 $ 61,000
McHenry, Illinois 35 $ 5,108,000 $ 145,942 $ 66,000
Sherburne, Minnesota 34 $ 4,773,000 $ 140,382 $ 71,000
Racine, Wisconsin 34 $ 3,730,000 $ 109,705 $ 66,000
Douglas, Colorado 31 $ 9,312,000 $ 300,387 $ 131,000
Blue Earth, Minnesota 26 $ 2,957,000 $ 113,730 $ 58,000
Kendall, Illinois 21 $ 3,275,000 $ 155,952 $ 56,000
Stearns, Minnesota 19 $ 2,932,000 $ 154,315 $ 133,000
Chisago, Minnesota 14 $ 8,363,000 $ 597,357 $ 72,000
Lake, Indiana 13 $ 14,049,000 $ 1,080,692 $ 37,000
Isanti, Minnesota 13 $ 1,657,000 $ 127,461 $ 70,000
Waukesha, Wisconsin 11 $ 1,894,000 $ 172,181 $ 79,000
Aitkin, Minnesota 9 $ 954,000 $ 106,000 $ 83,000
Grundy, Illinois 8 $ 1,204,000 $ 150,500 $ 100,000
Jackson, Michigan 7 $ 792,000 $ 113,142 $ 89,000
Lapeer, Michigan 7 $ 906,000 $ 129,428 $ 66,000
St. Clair, Michigan 7 $ 1,033,000 $ 147,571 $ 47,000
Crow Wing, Minnesota 7 $ 1,366,000 $ 195,142 $ 113,000
DeKalb, Illinois 6 $ 768,000 $ 128,000 $ 59,000
Winnebago, Illinois 6 $ 469,000 $ 78,166 $ 46,000
Calhoun, Michigan 6 $ 622,000 $ 103,666 $ 51,000
Morrison, Minnesota 6 $ 756,000 $ 126,000 $ 79,000
Nicollet, Minnesota 6 $ 691,000 $ 115,166 $ 53,000
Rice, Minnesota 6 $ 891,000 $ 148,500 $ 81,000
St. Croix, Wisconsin 6 $ 1,304,000 $ 217,333 $ 105,000
Larimer, Colorado 5 $ 25,493,000 $ 5,098,600 $ 84,000
Boone, Illinois 5 $ 375,000 $ 75,000 $ 40,000
Champaign, Illinois 5 $ 572,000 $ 114,400 $ 58,000
Kankakee, Illinois 5 $ 672,000 $ 134,400 $ 65,000
Genesee, Michigan 5 $ 580,000 $ 116,000 $ 69,000
Ingham, Michigan 5 $ 61,061,000 $ 12,212,200 $ 17,000
Benton, Minnesota 5 $ 689,000 $ 137,800 $ 51,000
Pine, Minnesota 5 $ 629,000 $ 125,800 $ 68,000
Sibley, Minnesota 5 $ 692,000 $ 138,400 $ 75,000
Minnehaha, South Dakota 5 $ 677,000 $ 135,400 $ 52,000
Outagamie, Wisconsin 5 $ 2,638,000 $ 527,600 $ 46,000
Washington, Wisconsin 5 $ 756,000 $ 151,200 $ 47,000
Broomfield, Colorado 4 $ 1,070,000 $ 267,500 $ 125,000
Porter, Indiana 4 $ 787,000 $ 196,750 $ 97,000
Lenawee, Michigan 4 $ 328,000 $ 82,000 $ 46,000
Saginaw, Michigan 4 $ 305,000 $ 76,250 $ 55,000
Brown, Minnesota 4 $ 598,000 $ 149,500 $ 56,000
Meeker, Minnesota 4 $ 557,000 $ 139,250 $ 81,000
Mille Lacs, Minnesota 4 $ 342,000 $ 85,500 $ 53,000
St. Louis, Minnesota 4 $ 391,000 $ 97,750 $ 92,000
Walworth, Wisconsin 4 $ 546,000 $ 136,500 $ 114,000
Pinal, Arizona 3 $ 404,000 $ 134,666 $ 33,000
Boulder, Colorado 3 $ 426,000 $ 142,000 $ 51,000
Elbert, Colorado 3 $ 591,000 $ 197,000 $ 92,000
Weld, Colorado 3 $ 628,000 $ 209,333 $ 119,000
Branch, Michigan 3 $ 635,000 $ 211,666 $ 145,000
Itasca, Minnesota 3 $ 430,000 $ 143,333 $ 105,000
Le Sueur, Minnesota 3 $ 405,000 $ 135,000 $ 49,000
Fond du Lac, Wisconsin 3 $ 276,000 $ 92,000 $ 43,000
Polk, Wisconsin 3 $ 621,000 $ 207,000 $ 70,000
Clear Creek, Colorado 2 $ 492,000 $ 246,000 $ 671,000
LaPorte, Indiana 2 $ 224,000 $ 112,000 $ 63,000
Pulaski, Indiana 2 $ 213,000 $ 106,500 $ 30,000
Barry, Michigan 2 $ 465,000 $ 232,500 $ 258,000
Huron, Michigan 2 $ 144,000 $ 72,000 $ 90,000
Monroe, Michigan 2 $ 418,000 $ 209,000 $ 83,000
St. Joseph, Michigan 2 $ 113,000 $ 56,500 $ 36,000
Douglas, Minnesota 2 $ 368,000 $ 184,000 $ 82,000
Faribault, Minnesota 2 $ 80,000 $ 40,000 $ 16,000
Goodhue, Minnesota 2 $ 260,000 $ 130,000 $ 32,000
Kanabec, Minnesota 2 $ 139,000 $ 69,500 $ 40,000
Lyon, Minnesota 2 $ 239,000 $ 119,500 $ 84,000
Olmsted, Minnesota 2 $ 244,000 $ 122,000 $ 51,000
Burnett, Wisconsin 2 $ 289,000 $ 144,500 $ 113,000
Dane, Wisconsin 2 $ 25,135,000 $ 12,567,500 $ 36,000
Manitowoc, Wisconsin 2 $ 158,000 $ 79,000 $ 61,000
Marathon, Wisconsin 2 $ 191,000 $ 95,500 $ 62,000
Mohave, Arizona 1 $ 70,000 $ 70,000 $ 43,000
Archuleta, Colorado 1 $ 385,000 $ 385,000 $ 145,000
Crowley, Colorado 1 $ 41,000 $ 41,000 $ 46,000
Eagle, Colorado 1 $ 625,000 $ 625,000 $ 500,000
Gilpin, Colorado 1 $ 260,000 $ 260,000 $ 197,000
Pueblo, Colorado 1 $ 82,000 $ 82,000 $ 49,000
Summit, Colorado 1 $ 285,000 $ 285,000 $ 236,000
Teller, Colorado 1 $ 30,000 $ 30,000 $ 85,000
Cherokee, Georgia 1 $ 11,520,000 $ 11,520,000 $ 0
Henry, Illinois 1 $ 23,000 $ 23,000 $ 42,000
Iroquois, Illinois 1 $ 41,000 $ 41,000 $ 17,000
LaSalle, Illinois 1 $ 135,000 $ 135,000 $ 48,000
Madison, Illinois 1 $ 21,610,000 $ 21,610,000 $ 0
McLean, Illinois 1 $ 12,180,000 $ 12,180,000 $ 0
Wells, Indiana 1 $ 65,000 $ 65,000 $ 48,000
Arenac, Michigan 1 $ 55,000 $ 55,000 $ 46,000
Bay, Michigan 1 $ 38,000 $ 38,000 $ 76,000
Berrien, Michigan 1 $ 289,000 $ 289,000 $ 140,000
Eaton, Michigan 1 $ 169,000 $ 169,000 $ 60,000
Gladwin, Michigan 1 $ 113,000 $ 113,000 $ 108,000
Gogebic, Michigan 1 $ 132,000 $ 132,000 $ 179,000
Hillsdale, Michigan 1 $ 100,000 $ 100,000 $ 163,000
Iosco, Michigan 1 $ 180,000 $ 180,000 $ 250,000
Kalamazoo, Michigan 1 $ 41,000 $ 41,000 $ 29,000
Lake, Michigan 1 $ 8,000 $ 8,000 $ 28,000
Mackinac, Michigan 1 $ 40,000 $ 40,000 $ 28,000
Manistee, Michigan 1 $ 87,000 $ 87,000 $ 44,000
Mecosta, Michigan 1 $ 164,000 $ 164,000 $ 33,000
Missaukee, Michigan 1 $ 32,000 $ 32,000 $ 82,000
Montmorency, Michigan 1 $ 367,000 $ 367,000 $ 87,000
Newaygo, Michigan 1 $ 133,000 $ 133,000 $ 39,000
Otsego, Michigan 1 $ 60,000 $ 60,000 $ 119,000
Ottawa, Michigan 1 $ 153,000 $ 153,000 $ 72,000
Sanilac, Michigan 1 $ 80,000 $ 80,000 $ 42,000
Tuscola, Michigan 1 $ 71,000 $ 71,000 $ 47,000
Beltrami, Minnesota 1 $ 135,000 $ 135,000 $ 73,000
Cass, Minnesota 1 $ 105,000 $ 105,000 $ 51,000
Cook, Minnesota 1 $ 126,000 $ 126,000 $ 35,000
Hubbard, Minnesota 1 $ 143,000 $ 143,000 $ 53,000
Lake, Minnesota 1 $ 70,000 $ 70,000 $ 27,000
Martin, Minnesota 1 $ 166,000 $ 166,000 $ 48,000
McLeod, Minnesota 1 $ 123,000 $ 123,000 $ 93,000
Otter Tail, Minnesota 1 $ 216,000 $ 216,000 $ 183,000
Polk, Minnesota 1 $ 83,000 $ 83,000 $ 35,000
Pope, Minnesota 1 $ 130,000 $ 130,000 $ 66,000
Steele, Minnesota 1 $ 417,000 $ 417,000 $ 266,000
Swift, Minnesota 1 $ 88,000 $ 88,000 $ 26,000
Wadena, Minnesota 1 $ 28,000 $ 28,000 $ 38,000
Waseca, Minnesota 1 $ 190,000 $ 190,000 $ 44,000
Yellow Medicine, Minnesota 1 $ 67,000 $ 67,000 $ 88,000
Lafayette, Mississippi 1 $ 35,600,000 $ 35,600,000 $ 0
Jackson, Missouri 1 $ 51,000,000 $ 51,000,000 $ 0
Clark, Nevada 1 $ 8,467,000 $ 8,467,000 $ 0
Cuyahoga, Ohio 1 $ 3,758,000 $ 3,758,000 $ 0
Franklin, Ohio 1 $ 12,500,000 $ 12,500,000 $ 0
Union, Ohio 1 $ 9,533,000 $ 9,533,000 $ 0
Lincoln, South Dakota 1 $ 93,000 $ 93,000 $ 48,000
Adams, Wisconsin 1 $ 80,000 $ 80,000 $ 136,000
Barron, Wisconsin 1 $ 92,000 $ 92,000 $ 135,000
Bayfield, Wisconsin 1 $ 225,000 $ 225,000 $ 173,000
Brown, Wisconsin 1 $ 42,000 $ 42,000 $ 36,000
Buffalo, Wisconsin 1 $ 80,000 $ 80,000 $ 32,000
Eau Claire, Wisconsin 1 $ 55,000 $ 55,000 $ 32,000
Iowa, Wisconsin 1 $ 69,000 $ 69,000 $ 59,000
Jefferson, Wisconsin 1 $ 120,000 $ 120,000 $ 34,000
Portage, Wisconsin 1 $ 30,000 $ 30,000 $ 27,000
Sawyer, Wisconsin 1 $ 280,000 $ 280,000 $ 154,000
Sheboygan, Wisconsin 1 $ 86,000 $ 86,000 $ 46,000
Waupaca, Wisconsin 1 $ 98,000 $ 98,000 $ 20,000
Waushara, Wisconsin 1 $ 38,000 $ 38,000 $ 15,000

Mortgage Loan Application Detail Totals for Tcf National Bank in 2016

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 3,927 $679,487,000 $173,000 $24,650,000 $78,000 $1,406,000
Home Purchase 1,567 $887,266,000 $566,000 $65,000,000 $64,000 $928,000
Home Improvement 359 $77,315,000 $215,000 $24,119,000 $88,000 $1,140,000

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 3,668 $562,581,000 $153,000 $1,490,000 $80,000 $1,406,000
Hispanic 738 $105,017,000 $142,000 $500,000 $57,000 $1,140,000
Not Provided 563 $82,270,000 $146,000 $1,245,000 $80,000 $1,140,000
Black or African American 402 $48,304,000 $120,000 $611,000 $62,000 $732,000
Asian 384 $64,178,000 $167,000 $424,000 $75,000 $477,000
Not applicable 58 $768,342,000 $13,247,000 $65,000,000 $0 $27,000
American Indian or Alaskan Native 24 $3,429,000 $142,000 $311,000 $84,000 $250,000
Native Hawaiin or Other Pacific Islander 16 $9,947,000 $621,000 $7,300,000 $73,000 $150,000

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) 4,765 $1,476,560,000 $309,000 $65,000,000 $79,000 $1,406,000
FHA-insured (Federal Housing Administration) 1,069 $163,593,000 $153,000 $424,000 $58,000 $1,140,000
VA-guaranteed (Veterans Administration) 18 $3,726,000 $207,000 $361,000 $51,000 $89,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $189,000 $189,000 $189,000 $56,000 $56,000

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 2,333 $680,263,000 $291,000 $51,000,000 $78,000 $1,406,000
Application Denied By Financial Institution 1,706 $642,620,000 $376,000 $65,000,000 $64,000 $486,000
Application Withdrawn By Applicant 1,085 $193,546,000 $178,000 $20,000,000 $90,000 $1,320,000
Loan Purchased By The Institution 665 $110,778,000 $166,000 $417,000 $66,000 $382,000
Application Approved But Not Accepted 51 $16,090,000 $315,000 $9,159,000 $79,000 $497,000
File Closed For Incompleteness 13 $771,000 $59,000 $131,000 $90,000 $198,000
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
Debt-To-Income Ratio 517 $78,745,000 $152,000 $6,038,000 $46,000 $293,000
Unverifiable Information 373 $54,848,000 $147,000 $475,000 $73,000 $486,000
Credit History 366 $74,207,000 $202,000 $14,200,000 $75,000 $483,000
Collateral 269 $69,644,000 $258,000 $19,000,000 $75,000 $360,000
Other 101 $354,447,000 $3,509,000 $65,000,000 $59,000 $468,000
Insufficient Cash (Downpayment, Closing Cost) 52 $7,007,000 $134,000 $402,000 $56,000 $180,000
Employment History 27 $3,614,000 $133,000 $424,000 $46,000 $120,000
Credit Application Incomplete 1 $108,000 $108,000 $108,000 $82,000 $82,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Tcf National Bank's 2016 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 Tcf National Bank'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.
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