Presque Isle County, MI Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 513 mortgage applications in Presque Isle County, MI totaling $57.2 million, about the same as 2010. The average application was for $111,000, and applicants reported an average income of $84,000. 45% of applications resulted in an originated loan and 17% were denied. The most active lender was Neighborhood Mortgage Solutions, LLC, with 112 applications, followed by JPMorgan Chase Bank, NA and Independent Bank.

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Total Number of Mortgage Applications 513
Total Mortgage Loan Application Amount $57,178,000
Average Mortgage Loan Application Amount $111,000
Highest Mortgage Loan Application Amount $550,000
Average Applicant Income $84,000
Highest Applicant Income $2,314,000

Mortgage Company List for Lending in Presque Isle 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
Neighborhood Mortgage Solutions, LLC
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 112 $ 8,540,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 41 $ 4,364,000
Independent Bank
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,536,098,000 31 $ 3,365,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,104,833,000,000 23 $ 2,542,000
Fifth Third Mortgage, Mi LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 18 $ 2,255,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 254,825,730,000 17 $ 1,541,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 16 $ 2,272,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 108,971,662,000 13 $ 2,388,000
Amerifirst Financial Corporati
616 WEST CENTRE AVENUE
PORTAGE, MI 49024
* $ 10,000,000 11 $ 1,160,000
Qr Lending Inc
555 ZOR SHRINE PLACE
MADISON, WI 53719
* $ 1,093,327,000 11 $ 1,063,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 10 $ 898,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 108,668,289,000 9 $ 631,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 9 $ 1,462,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 52,799,993,000 8 $ 1,342,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 7 $ 1,338,000
Mortgage Center Lc
26555 EVERGREEN RD SUITE 900
SOUTHFIELD, MI 48076
* $ 30,000,000 7 $ 853,000
Community Financial Credit Uni
PO BOX 8050
PLYMOUTH, MI 48170
* $ 457,006,000 6 $ 266,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,216,291,000,000 6 $ 990,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 6 $ 854,000
Citizens Bank
328 S SAGINAW ST
FLINT, MI 48502
* $ 9,709,977,000 6 $ 673,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 5 $ 721,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 4 $ 419,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 4 $ 439,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 4 $ 423,000
First Place Bank
185 EAST MARKET
WARREN, OH 44481
* $ 3,162,456,000 4 $ 610,000
Cole Taylor Bank
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 4,469,196,000 3 $ 789,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 3 $ 630,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 3 $ 389,000
Metlife Bank, N.A.
1555 WEST WALNUT HILL LANE, STE. 200
IRVING, TX 75038
* $ 16,490,790,000 3 $ 412,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 3 $ 368,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 3 $ 581,000
Alliance Catholic Credit Union
26913 NORTHWESTERN HWY STE 520
FARMINGTON HILLS, MI 48334
* $ 255,930,000 3 $ 464,000
Msu Federal Credit Union
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 1,962,910,000 2 $ 242,000
Vibe
44575 W 12 MILE
NOVI, MI 48377
* $ 457,645,000 2 $ 356,000
Mbank
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 478,912,000 2 $ 51,000
Dow Credit Union
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,350,354,000 2 $ 361,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 2 $ 370,000
Mortgage300 Corporation
10 SE CENTRAL PARKWAY SUITE 325
STUART, FL 34994
* $ 500,000 2 $ 168,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ 10,000,000 2 $ 335,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 2 $ 225,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 2 $ 286,000
The Anderson Financial Group, Inc.
2421 NORTH ASHLAND AVENUE
CHICAGO, IL 60614
* $ 10,000,000 2 $ 210,000
National Bank of St Anne
158 WEST STATION ST
ST ANNE, IL 60964
* $ 45,737,000 2 $ 263,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 2 $ 226,000
Mortgage 1 Incorporated
43456 MOUND ROAD
STERLING HEIGHTS, MI 48314
* $ 9,135,000 2 $ 239,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 2 $ 215,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 12,522,585,000 2 $ 298,000
Ing Bank, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 91,413,704,000 2 $ 257,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 44,423,207,000 2 $ 273,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 48,783,813,000 2 $ 305,000
Commercial Bank
301 N. STATE ST
ALMA, MI 48801
* $ 402,334,000 2 $ 186,000
Isabella Bank
139 E. BROADWAY
MT PLEASANT, MI 48858
* $ 1,168,698,000 2 $ 126,000
Wolverine Bank FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 314,420,000 2 $ 346,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ 1,640,565,000 1 $ 36,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,054,163,000 1 $ 89,000
Thrivent Financial Bank
122 EAST COLLEGE AVE., SUITE 1E
APPLETON, WI 54911
* $ 554,688,000 1 $ 26,000
First Independence Bank
7310 WOODWARD AVE SUITE 101
DETROIT, MI 48202
* $ 183,830,000 1 $ 49,000
Hantz Bank
26200 AMERICAN DRIVE, 2ND FLOOR
SOUTHFIELD, MI 48034
* $ 43,034,000 1 $ 158,000
Talmer Bank and Trust
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 1,691,253,000 1 $ 54,000
Ann Arbor State Bank
125 W. WILLIAM STREET
ANN ARBOR, MI 48104
* $ 105,466,000 1 $ 404,000
Chemical Bank
333 E MAIN STREET
MIDLAND, MI 48640
* $ 5,237,745,000 1 $ 80,000
Main Street Bank
31780 TELEGRAPH ROAD, SUITE 100
BINGHAM FARMS, MI 48025
* $ 86,181,000 1 $ 206,000
University Bank
2015 WASHTENAW AVE
ANN ARBOR, MI 48104
* $ 115,146,000 1 $ 220,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 15,104,501,000 1 $ 165,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 153,341,765,000 1 $ 157,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,796,328,000 1 $ 95,000
Charles Schwab Bank, SSB

LONE TREE, CO 80124
* $ 56,866,447,000 1 $ 103,000
Citifinancial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 1 $ 48,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 162,509,568,000 1 $ 32,000
First National Bancorp, Inc.
348 WEST MICHIGAN AVENUE
KALAMAZOO, MI 49007
* $ 176,891,000 1 $ 69,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 1 $ 131,000
St. James Mortgage Corp.
42676 WOODWARD AVE.
BLOOMFIELD HILLS, MI 48304
* $ 10,000,000 1 $ 132,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ 10,000,000 1 $ 58,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ 10,000,000 1 $ 88,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 467,975,000 1 $ 44,000
Rmc Vanguard
7670 WOODWAY, SUITE 162
HOUSTON, TX 77063
* $ 20,000,000 1 $ 216,000
Comerica Bank

FARMINGTON HILLS, MI 48331
* $ 54,071,375,000 1 $ 12,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 85,930,126,000 1 $ 50,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 1 $ 48,000
Guardian Mortgage Company, Inc
100 N. CENTRAL EXPRESSWAY SUITE 190
RICHARDSON, TX 75083
* $ 10,000,000 1 $ 71,000
Staunton Financial Inc
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48076
* $ 10,000,000 1 $ 49,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 1 $ 117,000
Fedtrust Mortgage
32000 NORTHWESTERN HWY. SUITE 240
FARMINGTON HILLS, MI 48334
* $ 10,000,000 1 $ 173,000
Arbor Mortgage Corporation
2311 EAST BELTLINE AVE SE 200
GRAND RAPIDS, MI 49546
* $ 15,555,000 1 $ 63,000
Clarkston Brandon Comm CU
8055 ORTONVILLE ROAD
CLARKSTON, MI 48348
* $ 47,087,000 1 $ 32,000
Arbor Financial Credit Union
1551 SOUTH 9TH STREET
KALAMAZOO, MI 49009
* $ 341,208,000 1 $ 95,000
Frankenmuth Credit Union
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 211,224,000 1 $ 20,000
Delaware Cty B & Tc
110 RIVERBEND AVENUE
POWELL, OH 43065
* $ 565,057,000 1 $ 157,000
Jolt Credit Union
6180 STATE STREET
SAGINAW, MI 48603
* $ 286,500,000 1 $ 54,000
Total Community Credit Union
25155 GODDARD ROAD
TAYLOR, MI 48180
* $ 46,356,000 1 $ 2,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 2,163,220,000 1 $ 49,000
Credit Union One
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 725,907,000 1 $ 88,000
Genisys Credit Union
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 1,335,052,000 1 $ 112,000
Wanigas Credit Union
4026 SHATTUCK RD
SAGINAW, MI 48603
* $ 245,559,000 1 $ 140,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 5,192,808,000 1 $ 159,000
Chevron Federal Credit Union
2300 CLAYTON ROAD SUITE 700
CONCORD, CA 94520
* $ 1,543,584,000 1 $ 100,000
Dfcu Financial
400 TOWN CENTER DRIVE
DEARBORN, MI 48121
* $ 2,985,260,000 1 $ 87,000
Michigan Schools and Governmen
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 1,048,990,000 1 $ 25,000
Success Mortgage Partners, Inc
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ 1,912,000 1 $ 205,000

The tables below break down 2011 mortgage applications in Presque Isle 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 Presque Isle 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 336 $42,711,000 $127,000 $550,000 $92,000 $2,314,000
Home Purchase 138 $12,601,000 $91,000 $319,000 $72,000 $384,000
Home Improvement 39 $1,866,000 $47,000 $155,000 $53,000 $108,000

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 438 $49,083,000 $112,000 $550,000 $87,000 $2,314,000
Not applicable 36 $3,924,000 $109,000 $281,000 $44,000 $240,000
Not Provided 35 $3,667,000 $104,000 $288,000 $74,000 $360,000
American Indian or Alaskan Native 1 $217,000 $217,000 $217,000 $89,000 $89,000
Asian 1 $105,000 $105,000 $105,000 $202,000 $202,000
Black or African American 1 $54,000 $54,000 $54,000 $143,000 $143,000
Hispanic 1 $128,000 $128,000 $128,000 $90,000 $90,000
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) 446 $51,292,000 $115,000 $550,000 $91,000 $2,314,000
FHA-insured (Federal Housing Administration) 32 $2,682,000 $83,000 $233,000 $31,000 $169,000
VA-guaranteed (Veterans Administration) 19 $2,381,000 $125,000 $205,000 $42,000 $120,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 16 $823,000 $51,000 $88,000 $24,000 $57,000

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 232 $26,156,000 $112,000 $550,000 $101,000 $2,314,000
Application Denied By Financial Institution 85 $10,223,000 $120,000 $417,000 $86,000 $888,000
File Closed For Incompleteness 76 $5,728,000 $75,000 $224,000 $56,000 $244,000
Loan Purchased By The Institution 71 $8,054,000 $113,000 $295,000 $51,000 $240,000
Application Withdrawn By Applicant 38 $5,692,000 $149,000 $417,000 $89,000 $314,000
Application Approved But Not Accepted 11 $1,325,000 $120,000 $256,000 $85,000 $238,000
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
Collateral 31 $5,229,000 $168,000 $417,000 $127,000 $888,000
Debt-To-Income Ratio 15 $1,142,000 $76,000 $158,000 $42,000 $160,000
Credit Application Incomplete 12 $1,792,000 $149,000 $275,000 $82,000 $360,000
Credit History 11 $872,000 $79,000 $185,000 $41,000 $95,000
Unverifiable Information 4 $256,000 $64,000 $89,000 $68,000 $137,000
Other 2 $135,000 $67,000 $72,000 $108,000 $192,000
Employment History 1 $73,000 $73,000 $73,000 $46,000 $46,000
Insufficient Cash (Downpayment, Closing Cost) 1 $21,000 $21,000 $21,000 $73,000 $73,000
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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