Wolverine Bank Fsb
HMDA Loan Application Totals
and Mortgage Lending Details
for 2006
Wolverine Bank 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 | Wolverine Bank Fsb 5710 Eastman Ave Midland, MI 48640 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 | 459 |
| Total Mortgage Loan Application Amount | $62,944,000 |
| Average Mortgage Loan Application Amount | $122,000 |
| Highest Mortgage Loan Application Amount | $2,987,000 |
| Average Applicant Income | $100,666 |
| Highest Applicant Income | $1,193,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2006 with Wolverine Bank 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 Wolverine Bank Fsb's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2006 breaks down Wolverine Bank 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 Wolverine Bank Fsb serves its applicants.
Each category highlights the total number of mortgage applications processed by Wolverine Bank 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 Wolverine Bank 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 |
|---|---|---|---|---|
| Midland County Michigan | 231 | $ 25,189,000 | $ 109,000 | $ 67,000 |
| Saginaw County Michigan | 34 | $ 5,753,000 | $ 169,000 | $ 66,000 |
| Gladwin County Michigan | 23 | $ 1,879,000 | $ 81,000 | $ 60,000 |
| Bay County Michigan | 20 | $ 2,503,000 | $ 125,000 | $ 43,000 |
| Grand Traverse County Michigan | 12 | $ 1,983,000 | $ 165,000 | $ 60,000 |
| Roscommon County Michigan | 11 | $ 1,234,000 | $ 112,000 | $ 77,000 |
| Calhoun County Michigan | 7 | $ 575,000 | $ 82,000 | $ 54,000 |
| Charlevoix County Michigan | 7 | $ 2,228,000 | $ 318,000 | $ 353,000 |
| Kalamazoo County Michigan | 7 | $ 937,000 | $ 133,000 | $ 16,000 |
| Benzie County Michigan | 5 | $ 673,000 | $ 134,000 | $ 68,000 |
| Crawford County Michigan | 5 | $ 580,000 | $ 116,000 | $ 78,000 |
| Tuscola County Michigan | 5 | $ 3,301,000 | $ 660,000 | $ 36,000 |
| Macomb County Michigan | 4 | $ 594,000 | $ 148,000 | $ 52,000 |
| Allegan County Michigan | 3 | $ 225,000 | $ 75,000 | $ 28,000 |
| Antrim County Michigan | 3 | $ 345,000 | $ 115,000 | $ 282,000 |
| Clare County Michigan | 3 | $ 296,000 | $ 98,000 | $ 115,000 |
| Emmet County Michigan | 3 | $ 1,968,000 | $ 656,000 | $ 309,000 |
| Genesee County Michigan | 3 | $ 388,000 | $ 129,000 | $ 36,000 |
| Iosco County Michigan | 3 | $ 334,000 | $ 111,000 | $ 61,000 |
| Lapeer County Michigan | 3 | $ 436,000 | $ 145,000 | $ 61,000 |
| Mason County Michigan | 3 | $ 396,000 | $ 132,000 | $ 73,000 |
| Wayne County Michigan | 3 | $ 454,000 | $ 151,000 | $ 130,000 |
| Arenac County Michigan | 2 | $ 396,000 | $ 198,000 | $ 151,000 |
| Ingham County Michigan | 2 | $ 199,000 | $ 99,000 | $ 118,000 |
| Isabella County Michigan | 2 | $ 177,000 | $ 88,000 | $ 72,000 |
| Livingston County Michigan | 2 | $ 329,000 | $ 164,000 | $ 134,000 |
| Oakland County Michigan | 2 | $ 235,000 | $ 117,000 | $ 162,000 |
| Ogemaw County Michigan | 2 | $ 287,000 | $ 143,000 | $ 93,000 |
| King County Washington | 2 | $ 2,250,000 | $ 1,125,000 | $ 245,000 |
| Collier County Florida | 1 | $ 700,000 | $ 700,000 | $ 160,000 |
| Lee County Florida | 1 | $ 300,000 | $ 300,000 | $ 240,000 |
| Polk County Florida | 1 | $ 22,000 | $ 22,000 | $ 74,000 |
| Cass County Michigan | 1 | $ 382,000 | $ 382,000 | $ 205,000 |
| Gratiot County Michigan | 1 | $ 138,000 | $ 138,000 | $ 66,000 |
| Kent County Michigan | 1 | $ 176,000 | $ 176,000 | $ 53,000 |
| Leelanau County Michigan | 1 | $ 170,000 | $ 170,000 | $ 168,000 |
| Manistee County Michigan | 1 | $ 90,000 | $ 90,000 | $ 88,000 |
| Mecosta County Michigan | 1 | $ 100,000 | $ 100,000 | $ 57,000 |
| Montcalm County Michigan | 1 | $ 72,000 | $ 72,000 | $ 34,000 |
| Muskegon County Michigan | 1 | $ 100,000 | $ 100,000 | $ 54,000 |
| Newaygo County Michigan | 1 | $ 84,000 | $ 84,000 | $ 103,000 |
| Otsego County Michigan | 1 | $ 120,000 | $ 120,000 | $ 141,000 |
| Ottawa County Michigan | 1 | $ 810,000 | $ 810,000 | $ 1,193,000 |
| Van Buren County Michigan | 1 | $ 25,000 | $ 25,000 | $ 81,000 |
Mortgage Loan Application Detail Totals for Wolverine Bank 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 | 228 | $33,135,000 | $145,000 | $1,250,000 | $74,000 | $1,193,000 |
| Refinancing | 204 | $27,440,000 | $134,000 | $2,987,000 | $68,000 | $403,000 |
| Home Improvement | 27 | $2,369,000 | $87,000 | $300,000 | $160,000 | $660,000 |
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 | 332 | $42,629,000 | $128,000 | $1,000,000 | $83,000 | $1,193,000 |
| Not Provided | 90 | $13,049,000 | $144,000 | $2,987,000 | $77,000 | $659,000 |
| Not applicable | 27 | $5,143,000 | $190,000 | $590,000 | $0 | $0 |
| Asian | 4 | $486,000 | $121,000 | $150,000 | $51,000 | $65,000 |
| Hispanic | 4 | $337,000 | $84,000 | $107,000 | $34,000 | $44,000 |
| American Indian or Alaskan Native | 2 | $1,300,000 | $650,000 | $1,250,000 | $142,000 | $250,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Black or African American | 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) | 459 | $62,944,000 | $137,000 | $2,987,000 | $76,000 | $1,193,000 |
| 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 | 314 | $47,012,000 | $149,000 | $2,987,000 | $87,000 | $1,193,000 |
| Application Denied By Financial Institution | 60 | $5,279,000 | $87,000 | $271,000 | $49,000 | $310,000 |
| Application Withdrawn By Applicant | 49 | $6,598,000 | $134,000 | $518,000 | $66,000 | $173,000 |
| Preapproval Denied by Financial Institution | 17 | $1,811,000 | $106,000 | $250,000 | $32,000 | $63,000 |
| Preapproval Approved but not Accepted | 14 | $1,584,000 | $113,000 | $280,000 | $58,000 | $264,000 |
| File Closed For Incompleteness | 3 | $395,000 | $131,000 | $160,000 | $47,000 | $68,000 |
| Application Approved But Not Accepted | 2 | $265,000 | $132,000 | $140,000 | $54,000 | $67,000 |
| 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 | 57 | $5,006,000 | $87,000 | $250,000 | $43,000 | $310,000 |
| Debt-To-Income Ratio | 11 | $1,200,000 | $109,000 | $169,000 | $38,000 | $90,000 |
| Collateral | 7 | $605,000 | $86,000 | $271,000 | $75,000 | $199,000 |
| Other | 2 | $279,000 | $139,000 | $144,000 | $42,000 | $45,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Wolverine Bank 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 Wolverine Bank 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.