Otsego County, MI Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 1,066 mortgage applications in Otsego County, MI totaling $117.6 million, down 13% from 2010. The average application was for $110,000, and applicants reported an average income of $71,000. 47% of applications resulted in an originated loan and 23% were denied. The most active lender was Fifth Third Mortgage, Mi LLC, with 137 applications, followed by Fifth Third Mortgage Company and Independent Bank.

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Total Number of Mortgage Applications 1,066
Total Mortgage Loan Application Amount $117,596,000
Average Mortgage Loan Application Amount $110,000
Highest Mortgage Loan Application Amount $573,000
Average Applicant Income $71,000
Highest Applicant Income $649,000

Mortgage Company List for Lending in Otsego County, MI for 2011

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Fifth Third Mortgage, Mi LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 137 $ 17,535,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 108,971,662,000 100 $ 12,633,000
Independent Bank
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,536,098,000 85 $ 7,944,000
Community Financial Credit Uni
PO BOX 8050
PLYMOUTH, MI 48170
* $ 457,006,000 85 $ 4,687,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 108,668,289,000 68 $ 4,706,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 67 $ 7,961,000
Citizens Bank
328 S SAGINAW ST
FLINT, MI 48502
* $ 9,709,977,000 63 $ 6,001,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,104,833,000,000 59 $ 7,809,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 41 $ 4,602,000
Mbank
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 478,912,000 37 $ 4,204,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 52,799,993,000 25 $ 2,854,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 23 $ 3,596,000
Amerifirst Financial Corporati
616 WEST CENTRE AVENUE
PORTAGE, MI 49024
* $ 10,000,000 22 $ 2,259,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 13 $ 1,481,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 13 $ 1,455,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 48,783,813,000 11 $ 1,199,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 9 $ 947,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 254,825,730,000 7 $ 508,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 7 $ 973,000
Neighborhood Mortgage Solutions, LLC
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 6 $ 436,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 6 $ 945,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,216,291,000,000 6 $ 730,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 6 $ 804,000
Chemical Bank
333 E MAIN STREET
MIDLAND, MI 48640
* $ 5,237,745,000 5 $ 429,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 2,163,220,000 4 $ 387,000
Mortgage Center Lc
26555 EVERGREEN RD SUITE 900
SOUTHFIELD, MI 48076
* $ 30,000,000 4 $ 294,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 4 $ 587,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 12,522,585,000 4 $ 382,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 44,423,207,000 4 $ 388,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 4 $ 292,000
Onemain Financial Servi
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 0 4 $ 106,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 4 $ 687,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 3 $ 560,000
Arbor Mortgage Corporation
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 3 $ 375,000
Roundpoint Mortgage Company
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 3 $ 768,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 3 $ 640,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 3 $ 353,000
Msu Federal Credit Union
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 1,962,910,000 3 $ 430,000
Wildfire Credit Union
6640 BAY RD
SAGINAW, MI 48605
* $ 609,242,000 3 $ 327,000
Talmer Bank and Trust
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 1,691,253,000 3 $ 393,000
First Independence Bank
7310 WOODWARD AVE SUITE 101
DETROIT, MI 48202
* $ 183,830,000 3 $ 712,000
Michigan Schools and Governmen
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 1,048,990,000 2 $ 261,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 2 $ 293,000
Mortgage 1 Incorporated
43456 MOUND ROAD
STERLING HEIGHTS, MI 48314
* $ 9,135,000 2 $ 242,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 2 $ 212,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 2 $ 189,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 2 $ 317,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 2 $ 345,000
The Anderson Financial Group, Inc.
2421 NORTH ASHLAND AVENUE
CHICAGO, IL 60614
* $ 10,000,000 2 $ 189,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 2 $ 80,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 153,341,765,000 2 $ 207,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 109,283,991,000 2 $ 350,000
Metlife Bank, N.A.
1555 WEST WALNUT HILL LANE, STE. 200
IRVING, TX 75038
* $ 16,490,790,000 2 $ 157,000
Citifinancial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 2 $ 45,000
First Place Bank
185 EAST MARKET
WARREN, OH 44481
* $ 3,162,456,000 2 $ 176,000
UBS Ag, Tampa Branch
3000 BAYPORT
TAMPA, FL 33607
* $ 1,400,000,000 2 $ 590,000
Wolverine Bank FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 314,420,000 2 $ 426,000
Aurora Bank FSB
10350 PARK MEADOWS DRIVE
LONE TREE, CO 80124
* $ 4,335,558,000 2 $ 268,000
Liberty Savings Bank, FSB
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 998,891,000 1 $ 212,000
Colorado Federal Savings Bank8
400 EAST PRENTICE AVE, SUITE 840
GREENWOOD VILLAGE, CO 80111
* $ 703,619,000 1 $ 18,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 10,788,420,000 1 $ 49,000
Isabella Bank
139 E. BROADWAY
MT PLEASANT, MI 48858
* $ 1,168,698,000 1 $ 260,000
Cole Taylor Bank
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 4,469,196,000 1 $ 104,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 162,509,568,000 1 $ 310,000
Thumb National Bank and Trust Company
7254 MICHIGAN AVE., P.O. BOX 560
PIGEON, MI 48755
* $ 218,320,000 1 $ 80,000
Farmers Bank and Trust NA
1017 HARRISON
GREAT BEND, KS 67530
* $ 665,875,000 1 $ 112,000
National Bank of Kansas City
10700 NALL AVENUE
OVERLAND PARK, KS 66211
* $ 652,138,000 1 $ 212,000
Nycb Mortgage Company, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 1 $ 128,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 7,724,367,000 1 $ 168,000
US Bk NA Nd
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,955,059,000 1 $ 130,000
New York Community Bank
615 MERRICK AVENUE
WESTBURY, NY 11590
* $ 38,055,567,000 1 $ 142,000
Generation Mortgage Company
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 1 $ 82,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 210,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 90,000
First Residential Mortgage
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 1 $ 193,000
Main Street Financial
9953 CROSSPOINT BLVD.
INDIANAPOLIS, IN 46256
* $ 8,801,000 1 $ 58,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 1 $ 200,000
Comerica Bank

FARMINGTON HILLS, MI 48331
* $ 54,071,375,000 1 $ 50,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 467,975,000 1 $ 115,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD, SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 1 $ 120,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 136,000
Sterling Natl Mtge Co., Inc
98 CUTTERMILL RD
GREAT NECK, NY 11021
* $ 964,388,000 1 $ 208,000
Homeowners Mortgage of America
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 1 $ 112,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 155,000
Genisys Credit Union
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 1,335,052,000 1 $ 115,000
Bestsource CU
1054 W HURON STREET
WATERFORD, MI 48328
* $ 104,142,000 1 $ 100,000
Astera Credit Union
5615 W SAGINAW HWY
LANSING, MI 48917
* $ 149,516,000 1 $ 150,000
Michigan Educational
9200 HAGGERTY ROAD
PLYMOUTH, MI 48170
* $ 595,785,000 1 $ 15,000
United Financial Credit Union
4685 STATE ST.
SAGINAW, MI 48603
* $ 117,292,000 1 $ 19,000
Dfcu Financial
400 TOWN CENTER DRIVE
DEARBORN, MI 48121
* $ 2,985,260,000 1 $ 130,000
Guaranteed Home Mortgage Compa
108 CORPORATE PARK DRIVE - SUITE 301
WHITE PLAINS, NY 10604
* $ 10,000,000 1 $ 99,000
Bank of Ann Arbor
1333 W ANN ARBOR ROAD
ANN ARBOR, MI 48104
* $ 690,925,000 1 $ 45,000
Keystone Community Bank
107 WEST MICHIGAN AVE.
KALAMAZOO, MI 49007
* $ 266,388,000 1 $ 114,000
Hantz Bank
26200 AMERICAN DRIVE, 2ND FLOOR
SOUTHFIELD, MI 48034
* $ 43,034,000 1 $ 140,000
Summit Community Bank
1600 ABBOT RD
EAST LANSING, MI 48823
* $ 155,301,000 1 $ 92,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 5,285,622,000 1 $ 87,000
Main Street Bank
31780 TELEGRAPH ROAD, SUITE 100
BINGHAM FARMS, MI 48025
* $ 86,181,000 1 $ 100,000
Mason State Bank
322 S. JEFFERSON STREET, P.O. BOX 130
MASON, MI 48854
* $ 123,073,000 1 $ 156,000
The Farmers & Merchants State Bank
307 N DEFIANCE ST
ARCHBOLD, OH 43502
* $ 905,834,000 1 $ 63,000
The State Bank
175 N LEROY ST
FENTON, MI 48430
* $ 300,102,000 1 $ 60,000
Mercantile Bank Mtg Co LLC
4613 ALPINE AVE NW
COMSTOCK PARK, MI 49321
* $ 698,000,000 1 $ 137,000
University Lending Group, LLC
42452 HAYES, STE I
CLLINTON TOWNSHIP, MI 48038
* $ 133,851,000 1 $ 187,000
Union Bank Mortgage Company
933 FOURTH AVE
LAKE ODESSA, MI 48849
* $ 115,997,000 1 $ 67,000
Firstbank - Alma Mortgage Co
311 WOODWORTH AVE.
ALMA, MI 48801
* $ 260,365,000 1 $ 128,000
Commercial Bank
301 N. STATE ST
ALMA, MI 48801
* $ 402,334,000 1 $ 158,000
Financial Plus Credit Union
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 371,510,000 1 $ 41,000
Journey Federal Credit Union
1200 ZEEB DRIVE
ST. JOHNS, MI 48879
* $ 78,847,000 1 $ 25,000

The tables below break down 2011 mortgage applications in Otsego County, MI by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Otsego County, MI in 2011

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 659 $83,834,000 $127,000 $573,000 $77,000 $649,000
Home Purchase 318 $31,651,000 $99,000 $369,000 $67,000 $405,000
Home Improvement 89 $2,111,000 $23,000 $225,000 $46,000 $236,000

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 924 $100,619,000 $108,000 $573,000 $75,000 $649,000
Not applicable 67 $8,272,000 $123,000 $415,000 $7,000 $137,000
Not Provided 61 $7,187,000 $117,000 $417,000 $77,000 $500,000
Asian 4 $545,000 $136,000 $313,000 $86,000 $250,000
Hispanic 4 $251,000 $62,000 $161,000 $36,000 $75,000
Black or African American 3 $384,000 $128,000 $195,000 $166,000 $383,000
American Indian or Alaskan Native 3 $338,000 $112,000 $143,000 $74,000 $115,000
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) 813 $88,802,000 $109,000 $573,000 $80,000 $649,000
FHA-insured (Federal Housing Administration) 165 $20,653,000 $125,000 $273,000 $43,000 $207,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 52 $4,116,000 $79,000 $204,000 $36,000 $82,000
VA-guaranteed (Veterans Administration) 36 $4,025,000 $111,000 $191,000 $42,000 $127,000

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 500 $54,154,000 $108,000 $430,000 $80,000 $596,000
Application Denied By Financial Institution 242 $24,336,000 $100,000 $573,000 $65,000 $649,000
Loan Purchased By The Institution 208 $25,597,000 $123,000 $415,000 $53,000 $447,000
Application Withdrawn By Applicant 53 $6,230,000 $117,000 $377,000 $78,000 $457,000
Application Approved But Not Accepted 38 $4,645,000 $122,000 $390,000 $81,000 $300,000
File Closed For Incompleteness 24 $2,524,000 $105,000 $231,000 $68,000 $250,000
Preapproval Approved but not Accepted 1 $110,000 $110,000 $110,000 $142,000 $142,000
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
Collateral 72 $9,351,000 $129,000 $573,000 $96,000 $649,000
Credit History 39 $3,225,000 $82,000 $296,000 $52,000 $325,000
Debt-To-Income Ratio 39 $3,902,000 $100,000 $310,000 $46,000 $133,000
Credit Application Incomplete 22 $2,276,000 $103,000 $198,000 $49,000 $160,000
Other 9 $931,000 $103,000 $313,000 $81,000 $250,000
Insufficient Cash (Downpayment, Closing Cost) 3 $278,000 $92,000 $197,000 $78,000 $92,000
Unverifiable Information 1 $23,000 $23,000 $23,000 $42,000 $42,000
Employment History 1 $178,000 $178,000 $178,000 $43,000 $43,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

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

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