Tuscola County, MI Mortgage Lenders & HMDA Data, 2015

In 2015, lenders reported 1,763 mortgage applications in Tuscola County, MI totaling $153.0 million, up 1% from 2014. The average application was for $86,000, and applicants reported an average income of $65,000. 50% of applications resulted in an originated loan and 21% were denied. The most active lender was Frankenmuth Credit Union, with 348 applications, followed by Chemical Bank and Independent Bank.

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Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,763
Total Mortgage Loan Application Amount $152,954,000
Average Mortgage Loan Application Amount $86,000
Highest Mortgage Loan Application Amount $960,000
Average Applicant Income $65,000
Highest Applicant Income $9,681,000

Mortgage Company List for Lending in Tuscola County, MI for 2015

* 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
Frankenmuth Credit Union
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 345,038,000 348 $ 26,476,000
Chemical Bank
333 E MAIN STREET
MIDLAND, MI 48640
* $ 7,312,796,000 114 $ 8,971,000
Independent Bank
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,237,914,000 83 $ 3,542,000
Team One Credit Union
520 HAYDEN
SAGINAW, MI 48607
* $ 414,425,000 80 $ 6,299,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,074,981,000,000 51 $ 4,498,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,532,784,000,000 50 $ 5,216,000
Thumb National Bank and Trust Company
7254 MICHIGAN AVE., P.O. BOX 560
PIGEON, MI 48755
* $ 217,427,000 46 $ 4,307,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 335,060,015,000 38 $ 2,602,000
Flagstar Bank
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 9,779,461,000 32 $ 2,769,000
Northstar Bank
833 S. VAN DYKE RD.
BAD AXE, MI 48413
* $ 484,982,000 31 $ 2,845,000
Talmer Bank and Trust
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 5,045,286,000 29 $ 2,925,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 26 $ 2,444,000
Neighborhood Mortgage Solutions, LLC
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 26 $ 2,603,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 23 $ 3,450,000
Wanigas Credit Union
4026 SHATTUCK RD
SAGINAW, MI 48603
* $ 298,256,000 23 $ 1,743,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 23 $ 1,901,000
Mortgage300 Corporation
10 SE CENTRAL PARKWAY SUITE 325
STUART, FL 34994
* $ 500,000 22 $ 1,965,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 19 $ 1,432,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 18 $ 2,303,000
Firstmerit Bank NA
III CASCADE PLAZA - CAS46
AKRON, OH 44308
* $ 24,884,993,000 18 $ 749,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 398,978,359,000 18 $ 1,550,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ 35,475,880,000 17 $ 1,347,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 17 $ 1,798,000
Blg Holdings, LLC
2353 S. LINDEN RD. SUITE A
FLINT, MI 48507
* $ 1,781,000 16 $ 1,280,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 66,111,039,000 15 $ 1,563,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,356,442,000,000 14 $ 1,103,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ 40,394,000 14 $ 1,390,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 13 $ 1,209,000
Tri-County Bank
4222 MAIN STREET
BROWN CITY, MI 48416
* $ 235,755,000 13 $ 1,096,000
Mortgage 1 Incorporated
43456 MOUND ROAD
STERLING HEIGHTS, MI 48314
* $ 9,135,000 13 $ 1,291,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 13 $ 1,138,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 3,540,518,000 13 $ 1,700,000
Genisys Credit Union
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 1,661,461,000 12 $ 706,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 12 $ 2,476,000
Wildfire Credit Union
6640 BAY RD
SAGINAW, MI 48605
* $ 675,074,000 11 $ 740,000
Security Credit Union
5255 SECURITY PARK BLVD
HOLLY, MI 48442
* $ 382,974,000 10 $ 686,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 9 $ 783,000
United Financial Credit Union
4685 STATE ST.
SAGINAW, MI 48603
* $ 179,073,000 9 $ 225,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 8 $ 967,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 8 $ 902,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 21,610,491,000 8 $ 580,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 8 $ 529,000
Fifth Third Mortgage, Mi LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 7 $ 684,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,574,093,000,000 7 $ 637,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 7 $ 525,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 7 $ 647,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 6 $ 547,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ 10,000,000 6 $ 816,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 6 $ 601,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 67,301,894,000 6 $ 843,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 185,888,583,000 6 $ 108,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 136,279,317,000 5 $ 588,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 5 $ 403,000
Jolt Credit Union
6180 STATE STREET
SAGINAW, MI 48603
* $ 325,939,000 5 $ 34,000
Mortgage Center Lc
26555 EVERGREEN RD SUITE 900
SOUTHFIELD, MI 48076
* $ 30,000,000 5 $ 323,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 5 $ 420,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 421,350,000 5 $ 842,000
Hantz Bank
26200 AMERICAN DRIVE, 2ND FLOOR
SOUTHFIELD, MI 48034
* $ 181,299,000 5 $ 561,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 5 $ 669,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 4 $ 408,000
American Lending Solutions LLC
N4365 STATE HWY 73
COLUMBUS, WI 53925
* $ 10,861,469,000 4 $ 490,000
Elga Credit Union
2303 S. CENTER ROAD
GRAND BLANC, MI 48439
* $ 387,171,000 4 $ 308,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 4 $ 316,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,781,238,000 4 $ 273,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 4 $ 414,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 4 $ 390,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 4 $ 411,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 4 $ 402,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 136,279,317,000 4 $ 157,000
Dow Credit Union
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,423,001,000 4 $ 340,000
1st State Bank
PO BOX 1468
SAGINAW, MI 48605
* $ 215,831,000 3 $ 429,000
Copoco Community Credit Union
4265 E WILDER RD
BAY CITY, MI 48706
* $ 101,773,000 3 $ 124,000
Financial Plus Credit Union
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 425,715,000 3 $ 141,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 63,635,411,000 3 $ 463,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 255,011,219,000 3 $ 163,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ 50,442,000 3 $ 292,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 3 $ 322,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 3 $ 309,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ 10,000,000 3 $ 303,000
Sunrise Family Credit Union
404 SOUTH EUCLID AVENUE
BAY CITY, MI 48706
* $ 101,406,000 3 $ 267,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 3 $ 396,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 3 $ 295,000
Guardian Mortgage Company, Inc
100 N. CENTRAL EXPRESSWAY SUITE 150
RICHARDSON, TX 75083
* $ 2,105,747,000 3 $ 425,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 3 $ 381,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 3 $ 109,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 3 $ 359,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 3 $ 329,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 2 $ 246,000
Credit Union One
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 850,965,000 2 $ 164,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 447,877,000 2 $ 321,000
Lakestone Bank & Trust
83 W NEPESSING ST
LAPEER, MI 48446
* $ 321,276,000 2 $ 192,000
Success Mortgage Partners, Inc
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ 1,912,000 2 $ 132,000
Evolve Bank & Trust
6000 POPLAR AVENUE SUITE 300
MEMPHIS, TN 38119
* $ 377,710,000 2 $ 280,000
Vibe Credit Union
1375 N OAKLAND BLVD
NOVI, MI 48377
* $ 280,415,000 2 $ 180,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ 10,000,000 2 $ 183,000
Financialedge Credit Union
1199 S. EUCLID AVE.
BAY CITY, MI 48706
* $ 81,942,000 2 $ 101,000
Bbmc Mortgage, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 2 $ 369,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 2 $ 286,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 2 $ 189,000
Ross Mortgage Corporation
2075 W. BIG BEAVER, SUITE 700
TROY, MI 48084
* $ 10,000,000 2 $ 239,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 2 $ 372,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 2 $ 291,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 2 $ 279,000
Discover Home Loans, Inc
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 83,125,845,000 1 $ 88,000
Residential Acceptance Corporation
5027 W LAUREL ST
TAMPA, FL 33607
* $ 10,000,000 1 $ 82,000
Firstmerit Mortgage Corp
4455 HILLS AND DALES RD. NW - MTG80
CANTON, OH 44708
* $ 6,000,000,000 1 $ 66,000
Tcf National Bank
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 19,425,092,000 1 $ 57,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 182,489,046,000 1 $ 113,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,808,214,000 1 $ 36,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 668,685,000 1 $ 17,000
Diamond Residential Mtg Corp
582 OAKWOOD AVE
LAKE FOREST, IL 60045
* $ 12,837,000 1 $ 152,000
West Town Bank & Trust
7820 W 26TH STREET
NORTH RIVERSIDE, IL 60546
* $ 183,453,000 1 $ 310,000
Summit Funding.Inc
2135 BUTANO DRIVE SUITE 150
SACRAMENTO, CA 95825
* $ 1,000,000,000 1 $ 134,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 95,920,564,000 1 $ 78,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 81,661,915,000 1 $ 25,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ 608,779,509,000 1 $ 106,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 1 $ 113,000
Luxury Mortgage Corp.
FOUR LANDMARK SQUARE SUITE 300
STAMFORD, CT 06901
* $ 10,000,000 1 $ 167,000
Oxford Bank
60 S WASHINGTON ST
OXFORD, MI 48371
* $ 262,133,000 1 $ 128,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 214,371,000 1 $ 8,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 451,471,000 1 $ 25,000
Sovita Credit Union
4411 CALKINS RD
FLINT, MI 48532
* $ 368,731,000 1 $ 33,000
United Bay Community CU
1309 N. LINCOLN AVE.
BAY CITY, MI 48708
* $ 182,744,000 1 $ 50,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 1 $ 88,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 1 $ 59,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 188,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 169,000
Guaranty Trust Company
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 225,000,000 1 $ 234,000
First State Bank Mortgage Co
24300 LITTLE MACK
ST CLAIR SHORES, MI 48080
* $ 11,056,000 1 $ 128,000
Sagelink Credit Union
311 N SAGINAW ST
DURAND, MI 48429
* $ 169,312,000 1 $ 50,000
Consumers Credit Union
PO BOX 525
KALAMAZOO, MI 49009
* $ 585,361,000 1 $ 3,000
Case Credit Union
PO BOX 22158 4316 SOUTH PENNSYLVANIA AVENUE
LANSING, MI 48909
* $ 240,883,000 1 $ 20,000
Family First Credit Union
3550 TITTABAWASSEE
SAGINAW, MI 48604
* $ 84,176,000 1 $ 5,000
Csb Bank
206 N MAIN ST
CAPAC, MI 48014
* $ 228,959,000 1 $ 129,000
Choiceone Bank
109 E. DIVISION ST.
SPARTA, MI 49345
* $ 548,447,000 1 $ 113,000
Cazle Mortgage, Inc.
3 E HENRIETTA ST
BALTIMORE, MD 21220
* $ 4,980,000 1 $ 124,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 1 $ 98,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 1 $ 63,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ 10,000,000 1 $ 149,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 149,000
Cbc National Bank
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 421,354,000 1 $ 115,000
Banc of California, National Association
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 5,958,502,000 1 $ 69,000
Wolverine Bank FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 336,634,000 1 $ 118,000
First Independence Bank
7310 WOODWARD AVE SUITE 101
DETROIT, MI 48202
* $ 217,661,000 1 $ 140,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ 1,622,355,000 1 $ 25,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 144,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 1 $ 126,000
First National Bank in Howell
101 E. GRAND RIVER AVENUE
HOWELL, MI 48843
* $ 321,467,000 1 $ 253,000
Msu Federal Credit Union
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 2,775,046,000 1 $ 8,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 117,000
Mms Mortgage Services, Ltd.
38275 TWELVE MILE RD., SUITE 100
FARMINGTON HILLS, MI 48331
* $ 5,598,000 1 $ 76,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ 42,331,494,000 1 $ 81,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 1 $ 30,000
American 1 Credit Union
718 E. MICHIGAN AVE.
JACKSON, MI 49201
* $ 270,121,000 1 $ 3,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,685,931,000 1 $ 135,000
Main Street Bank
31780 TELEGRAPH ROAD, SUITE 100
BINGHAM FARMS, MI 48025
* $ 176,602,000 1 $ 228,000
Freestar Financial Credit Union
PO BOX 2800
MT. CLEMENS, MI 48046
* $ 175,589,000 1 $ 34,000

The tables below break down 2015 mortgage applications in Tuscola 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 Tuscola County, MI in 2015

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 791 $71,184,000 $89,000 $401,000 $58,000 $9,681,000
Refinancing 780 $76,109,000 $97,000 $960,000 $73,000 $9,484,000
Home Improvement 192 $5,661,000 $29,000 $158,000 $64,000 $513,000

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 1,427 $123,406,000 $86,000 $960,000 $73,000 $9,681,000
Not Provided 177 $14,930,000 $84,000 $301,000 $48,000 $207,000
Not applicable 130 $12,478,000 $95,000 $700,000 $5,000 $120,000
Hispanic 21 $1,609,000 $76,000 $241,000 $57,000 $274,000
American Indian or Alaskan Native 5 $317,000 $63,000 $109,000 $42,000 $76,000
Black or African American 2 $138,000 $69,000 $122,000 $52,000 $63,000
Native Hawaiian or Other Pacific Islander 1 $76,000 $76,000 $76,000 $59,000 $59,000
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) 1,178 $97,250,000 $82,000 $960,000 $81,000 $9,681,000
FHA-insured (Federal Housing Administration) 287 $27,400,000 $95,000 $241,000 $35,000 $204,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 190 $15,453,000 $81,000 $164,000 $28,000 $73,000
VA-guaranteed (Veterans Administration) 108 $12,851,000 $118,000 $340,000 $36,000 $118,000

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 889 $77,341,000 $86,000 $960,000 $84,000 $9,681,000
Application Denied By Financial Institution 374 $30,559,000 $81,000 $700,000 $51,000 $432,000
Application Withdrawn By Applicant 222 $19,740,000 $88,000 $333,000 $54,000 $234,000
Loan Purchased By The Institution 156 $14,759,000 $94,000 $310,000 $15,000 $157,000
File Closed For Incompleteness 75 $6,696,000 $89,000 $251,000 $49,000 $212,000
Application Approved But Not Accepted 47 $3,859,000 $82,000 $310,000 $72,000 $364,000
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
Credit History 101 $5,603,000 $55,000 $266,000 $45,000 $389,000
Collateral 53 $5,483,000 $103,000 $365,000 $69,000 $347,000
Debt-To-Income Ratio 32 $2,799,000 $87,000 $252,000 $42,000 $188,000
Credit Application Incomplete 29 $3,083,000 $106,000 $241,000 $51,000 $170,000
Other 15 $1,128,000 $75,000 $166,000 $60,000 $212,000
Insufficient Cash (Downpayment, Closing Cost) 9 $509,000 $56,000 $94,000 $27,000 $49,000
Unverifiable Information 4 $376,000 $94,000 $165,000 $54,000 $83,000
Employment History 3 $214,000 $71,000 $100,000 $19,000 $31,000
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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