Thumb Bank & Trust Mortgage Lending & HMDA Data, 2025
In 2025, Thumb Bank & Trust of Pigeon, MI reported 164 mortgage applications totaling $36.2 million, down 6% from 2024. The average application was for $220,853, and applicants reported an average income of $150,012. 78% of its applications resulted in an originated loan and 18% were denied. Its largest markets were Warren-Troy-Farmington Hills, MI (6), Saginaw, MI (5) and Bay City, MI (4) (applications in parentheses).
| Mortgage Company & Address | Thumb Bank & Trust 7254 Michigan Ave., P.O. Box 560 Pigeon, MI 48755 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2018 |
| Total Number of Mortgage Applications | 164 |
| Total Mortgage Loan Application Amount | $36,220,000 |
| Average Mortgage Loan Application Amount | $220,853 |
| Highest Mortgage Loan Application Amount | $3,705,000 |
| Average Applicant Income | $150,012 |
| Highest Applicant Income | $1,923,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Thumb Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for Thumb Bank & Trust in 2025
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 | 77 | $27,185,000 | $353,000 | $3,705,000 | $182,000 | $1,923,000 |
| Cash-out Refinancing | 29 | $4,085,000 | $140,000 | $805,000 | $127,000 | $631,000 |
| Refinancing | 21 | $2,655,000 | $126,000 | $505,000 | $155,000 | $522,000 |
| Home Improvement | 20 | $950,000 | $47,000 | $125,000 | $89,000 | $192,000 |
| Other Purpose | 17 | $1,345,000 | $79,000 | $255,000 | $110,000 | $405,000 |
| 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 | 137 | $23,755,000 | $173,000 | $3,705,000 | $143,000 | $1,923,000 |
| Not applicable | 13 | $9,985,000 | $768,000 | $3,505,000 | $781,000 | $781,000 |
| Not Provided | 11 | $2,285,000 | $207,000 | $805,000 | $171,000 | $631,000 |
| Hispanic | 2 | $180,000 | $90,000 | $125,000 | $130,000 | $130,000 |
| Black or African American | 1 | $15,000 | $15,000 | $15,000 | $41,000 | $41,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 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) | 164 | $36,220,000 | $220,000 | $3,705,000 | $149,000 | $1,923,000 |
| 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 Originated | 128 | $30,290,000 | $236,000 | $3,705,000 | $168,000 | $1,923,000 |
| Application Denied By Financial Institution | 30 | $4,790,000 | $159,000 | $555,000 | $70,000 | $135,000 |
| Application Approved But Not Accepted | 6 | $1,140,000 | $190,000 | $355,000 | $147,000 | $501,000 |
| Application Withdrawn By Applicant | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 164 | $36,220,000 | $220,000 | $3,705,000 | $149,000 | $1,923,000 |
| 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 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Thumb Bank & Trust's 2025 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 Thumb Bank & Trust'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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About