First Independence Bank
Mortgage Loan Application
Totals and Details
for 2012
Find mortgage loan statistics, lending data, and loan application totals for Michigan.
The mortgage statistics and data below are specific to mortgage loan applications for First Independence Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.
| Mortgage Company & Address | First Independence Bank 7310 Woodward Ave Suite 101 Detroit, MI 48202 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 |
| Total Number of Mortgage Applications | 1,950 |
| Total Mortgage Loan Application Amount | $279,104,000 |
| Average Mortgage Loan Application Amount | $128,333 |
| Highest Mortgage Loan Application Amount | $1,500,000 |
| Average Applicant Income | $72,333 |
| Highest Applicant Income | $8,866,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in MI, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Oakland County Michigan | 337 | $ 56,531,000 | $ 167,000 | $ 88,000 |
| Macomb County Michigan | 276 | $ 40,762,000 | $ 147,000 | $ 67,000 |
| Bay County Michigan | 166 | $ 15,371,000 | $ 92,000 | $ 44,000 |
| Wayne County Michigan | 161 | $ 22,205,000 | $ 137,000 | $ 135,000 |
| Genesee County Michigan | 125 | $ 15,630,000 | $ 125,000 | $ 64,000 |
| Saginaw County Michigan | 114 | $ 11,891,000 | $ 104,000 | $ 58,000 |
| Livingston County Michigan | 94 | $ 15,934,000 | $ 169,000 | $ 72,000 |
| Pasco County Florida | 56 | $ 8,351,000 | $ 149,000 | $ 81,000 |
| Pinellas County Florida | 54 | $ 8,757,000 | $ 162,000 | $ 82,000 |
| Lapeer County Michigan | 42 | $ 6,169,000 | $ 146,000 | $ 70,000 |
| Washtenaw County Michigan | 37 | $ 6,756,000 | $ 182,000 | $ 92,000 |
| Hillsborough County Florida | 36 | $ 6,558,000 | $ 182,000 | $ 78,000 |
| Tuscola County Michigan | 29 | $ 2,726,000 | $ 94,000 | $ 42,000 |
| Midland County Michigan | 27 | $ 2,888,000 | $ 106,000 | $ 51,000 |
| Emmet County Michigan | 17 | $ 2,926,000 | $ 172,000 | $ 110,000 |
| Huron County Michigan | 16 | $ 1,490,000 | $ 93,000 | $ 54,000 |
| Manatee County Florida | 15 | $ 2,663,000 | $ 177,000 | $ 91,000 |
| Warren County Ohio | 15 | $ 3,289,000 | $ 219,000 | $ 112,000 |
| Miami-Dade County Florida | 14 | $ 3,323,000 | $ 237,000 | $ 85,000 |
| Calhoun County Michigan | 14 | $ 1,443,000 | $ 103,000 | $ 39,000 |
| St. Clair County Michigan | 14 | $ 2,333,000 | $ 166,000 | $ 67,000 |
| Montgomery County Ohio | 14 | $ 2,016,000 | $ 144,000 | $ 94,000 |
| Jackson County Michigan | 13 | $ 1,520,000 | $ 116,000 | $ 54,000 |
| Butler County Ohio | 11 | $ 1,779,000 | $ 161,000 | $ 86,000 |
| Hernando County Florida | 10 | $ 1,004,000 | $ 100,000 | $ 51,000 |
| Allen County Indiana | 10 | $ 1,243,000 | $ 124,000 | $ 49,000 |
| Santa Rosa County Florida | 9 | $ 2,223,000 | $ 247,000 | $ 48,000 |
| Ingham County Michigan | 9 | $ 688,000 | $ 76,000 | $ 28,000 |
| Lee County Florida | 8 | $ 1,199,000 | $ 149,000 | $ 121,000 |
| Charlevoix County Michigan | 8 | $ 1,714,000 | $ 214,000 | $ 136,000 |
| Grand Traverse County Michigan | 8 | $ 1,087,000 | $ 135,000 | $ 61,000 |
| Shiawassee County Michigan | 8 | $ 718,000 | $ 89,000 | $ 64,000 |
| Hamilton County Ohio | 8 | $ 1,450,000 | $ 181,000 | $ 115,000 |
| Arenac County Michigan | 7 | $ 421,000 | $ 60,000 | $ 35,000 |
| Sanilac County Michigan | 7 | $ 690,000 | $ 98,000 | $ 82,000 |
| Greene County Ohio | 7 | $ 1,495,000 | $ 213,000 | $ 151,000 |
| Gladwin County Michigan | 6 | $ 730,000 | $ 121,000 | $ 64,000 |
| Iosco County Michigan | 6 | $ 557,000 | $ 92,000 | $ 75,000 |
| Roscommon County Michigan | 6 | $ 523,000 | $ 87,000 | $ 97,000 |
| Broward County Florida | 5 | $ 728,000 | $ 145,000 | $ 50,000 |
| Sarasota County Florida | 5 | $ 1,010,000 | $ 202,000 | $ 82,000 |
| Lenawee County Michigan | 5 | $ 767,000 | $ 153,000 | $ 59,000 |
| Monroe County Michigan | 5 | $ 688,000 | $ 137,000 | $ 59,000 |
| Scioto County Ohio | 5 | $ 567,000 | $ 113,000 | $ 56,000 |
| Escambia County Florida | 4 | $ 902,000 | $ 225,000 | $ 61,000 |
| Palm Beach County Florida | 4 | $ 649,000 | $ 162,000 | $ 48,000 |
| Cheboygan County Michigan | 4 | $ 443,000 | $ 110,000 | $ 36,000 |
| Eaton County Michigan | 4 | $ 443,000 | $ 110,000 | $ 39,000 |
| Kent County Michigan | 4 | $ 354,000 | $ 88,000 | $ 38,000 |
| Montcalm County Michigan | 4 | $ 363,000 | $ 90,000 | $ 39,000 |
| Clermont County Ohio | 4 | $ 606,000 | $ 151,000 | $ 74,000 |
| Cuyahoga County Ohio | 4 | $ 620,000 | $ 155,000 | $ 91,000 |
| Steuben County Indiana | 3 | $ 340,000 | $ 113,000 | $ 51,000 |
| Clare County Michigan | 3 | $ 295,000 | $ 98,000 | $ 106,000 |
| Ionia County Michigan | 3 | $ 372,000 | $ 124,000 | $ 6,000 |
| Franklin County Ohio | 3 | $ 454,000 | $ 151,000 | $ 44,000 |
| Polk County Florida | 2 | $ 363,000 | $ 181,000 | $ 139,000 |
| Adams County Indiana | 2 | $ 278,000 | $ 139,000 | $ 17,000 |
| Kosciusko County Indiana | 2 | $ 208,000 | $ 104,000 | $ 63,000 |
| Antrim County Michigan | 2 | $ 381,000 | $ 190,000 | $ 35,000 |
| Crawford County Michigan | 2 | $ 179,000 | $ 89,000 | $ 79,000 |
| Kalamazoo County Michigan | 2 | $ 429,000 | $ 214,000 | $ 77,000 |
| Kalkaska County Michigan | 2 | $ 197,000 | $ 98,000 | $ 41,000 |
| Mackinac County Michigan | 2 | $ 328,000 | $ 164,000 | $ 148,000 |
| Ottawa County Michigan | 2 | $ 546,000 | $ 273,000 | $ 101,000 |
| Presque Isle County Michigan | 2 | $ 367,000 | $ 183,000 | $ 70,000 |
| Van Buren County Michigan | 2 | $ 482,000 | $ 241,000 | $ 259,000 |
| Medina County Ohio | 2 | $ 239,000 | $ 119,000 | $ 72,000 |
| Alachua County Florida | 1 | $ 280,000 | $ 280,000 | $ 473,000 |
| Bay County Florida | 1 | $ 100,000 | $ 100,000 | $ 408,000 |
| Charlotte County Florida | 1 | $ 48,000 | $ 48,000 | $ 54,000 |
| Collier County Florida | 1 | $ 175,000 | $ 175,000 | $ 142,000 |
| Leon County Florida | 1 | $ 150,000 | $ 150,000 | $ 67,000 |
| Orange County Florida | 1 | $ 113,000 | $ 113,000 | $ 92,000 |
| Seminole County Florida | 1 | $ 254,000 | $ 254,000 | $ 102,000 |
| St. Lucie County Florida | 1 | $ 209,000 | $ 209,000 | $ 256,000 |
| Union County Florida | 1 | $ 182,000 | $ 182,000 | $ 59,000 |
| Wakulla County Florida | 1 | $ 172,000 | $ 172,000 | $ 96,000 |
| Clark County Indiana | 1 | $ 173,000 | $ 173,000 | $ 0 |
| DeKalb County Indiana | 1 | $ 83,000 | $ 83,000 | $ 35,000 |
| Huntington County Indiana | 1 | $ 59,000 | $ 59,000 | $ 19,000 |
| Marion County Indiana | 1 | $ 192,000 | $ 192,000 | $ 0 |
| Noble County Indiana | 1 | $ 161,000 | $ 161,000 | $ 76,000 |
| Tippecanoe County Indiana | 1 | $ 220,000 | $ 220,000 | $ 0 |
| Whitley County Indiana | 1 | $ 92,000 | $ 92,000 | $ 49,000 |
| Kenton County Kentucky | 1 | $ 175,000 | $ 175,000 | $ 91,000 |
| Warren County Kentucky | 1 | $ 220,000 | $ 220,000 | $ 75,000 |
| Alpena County Michigan | 1 | $ 158,000 | $ 158,000 | $ 55,000 |
| Berrien County Michigan | 1 | $ 80,000 | $ 80,000 | $ 27,000 |
| Branch County Michigan | 1 | $ 76,000 | $ 76,000 | $ 31,000 |
| Chippewa County Michigan | 1 | $ 75,000 | $ 75,000 | $ 148,000 |
| Hillsdale County Michigan | 1 | $ 85,000 | $ 85,000 | $ 109,000 |
| Houghton County Michigan | 1 | $ 89,000 | $ 89,000 | $ 45,000 |
| Isabella County Michigan | 1 | $ 71,000 | $ 71,000 | $ 35,000 |
| Lake County Michigan | 1 | $ 78,000 | $ 78,000 | $ 72,000 |
| Leelanau County Michigan | 1 | $ 235,000 | $ 235,000 | $ 378,000 |
| Luce County Michigan | 1 | $ 107,000 | $ 107,000 | $ 0 |
| Mecosta County Michigan | 1 | $ 174,000 | $ 174,000 | $ 0 |
| Montmorency County Michigan | 1 | $ 142,000 | $ 142,000 | $ 211,000 |
| Muskegon County Michigan | 1 | $ 112,000 | $ 112,000 | $ 39,000 |
| Oceana County Michigan | 1 | $ 396,000 | $ 396,000 | $ 364,000 |
| Osceola County Michigan | 1 | $ 104,000 | $ 104,000 | $ 48,000 |
| Otsego County Michigan | 1 | $ 98,000 | $ 98,000 | $ 151,000 |
| Brown County Ohio | 1 | $ 88,000 | $ 88,000 | $ 50,000 |
| Champaign County Ohio | 1 | $ 98,000 | $ 98,000 | $ 35,000 |
| Darke County Ohio | 1 | $ 175,000 | $ 175,000 | $ 79,000 |
| Erie County Ohio | 1 | $ 417,000 | $ 417,000 | $ 339,000 |
| Gallia County Ohio | 1 | $ 184,000 | $ 184,000 | $ 125,000 |
| Licking County Ohio | 1 | $ 137,000 | $ 137,000 | $ 31,000 |
| Pike County Ohio | 1 | $ 136,000 | $ 136,000 | $ 33,000 |
| Shelby County Ohio | 1 | $ 80,000 | $ 80,000 | $ 20,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Michigan,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for First Independence Bank in 2012
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 | 1,223 | $158,987,000 | $129,000 | $550,000 | $73,000 | $8,866,000 |
| Refinancing | 684 | $116,384,000 | $170,000 | $1,500,000 | $85,000 | $820,000 |
| Home Improvement | 43 | $3,733,000 | $86,000 | $417,000 | $59,000 | $197,000 |
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 | 1,768 | $252,131,000 | $142,000 | $700,000 | $73,000 | $896,000 |
| Black or African American | 65 | $6,416,000 | $98,000 | $318,000 | $60,000 | $280,000 |
| Hispanic | 62 | $9,156,000 | $147,000 | $376,000 | $70,000 | $473,000 |
| Asian | 30 | $4,934,000 | $164,000 | $409,000 | $376,000 | $8,866,000 |
| Not Provided | 8 | $1,275,000 | $159,000 | $285,000 | $61,000 | $102,000 |
| Not applicable | 7 | $3,704,000 | $529,000 | $1,500,000 | $0 | $0 |
| American Indian or Alaskan Native | 6 | $1,036,000 | $172,000 | $346,000 | $90,000 | $252,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $452,000 | $113,000 | $124,000 | $59,000 | $105,000 |
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) | 990 | $163,013,000 | $164,000 | $1,500,000 | $107,000 | $8,866,000 |
| FHA-insured (Federal Housing Administration) | 700 | $84,913,000 | $121,000 | $397,000 | $46,000 | $229,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 176 | $17,686,000 | $100,000 | $230,000 | $41,000 | $96,000 |
| VA-guaranteed (Veterans Administration) | 84 | $13,492,000 | $160,000 | $413,000 | $54,000 | $252,000 |
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 | 1,393 | $204,008,000 | $146,000 | $1,500,000 | $75,000 | $896,000 |
| Application Denied By Financial Institution | 390 | $53,161,000 | $136,000 | $450,000 | $63,000 | $450,000 |
| Application Approved But Not Accepted | 115 | $14,743,000 | $128,000 | $409,000 | $66,000 | $252,000 |
| Application Withdrawn By Applicant | 48 | $6,785,000 | $141,000 | $700,000 | $270,000 | $8,866,000 |
| File Closed For Incompleteness | 4 | $407,000 | $101,000 | $252,000 | $74,000 | $115,000 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 119 | $17,686,000 | $148,000 | $450,000 | $80,000 | $279,000 |
| Debt-To-Income Ratio | 101 | $13,983,000 | $138,000 | $417,000 | $43,000 | $254,000 |
| Credit History | 83 | $9,696,000 | $116,000 | $417,000 | $55,000 | $450,000 |
| Other | 34 | $3,609,000 | $106,000 | $376,000 | $58,000 | $199,000 |
| Unverifiable Information | 23 | $3,812,000 | $165,000 | $300,000 | $65,000 | $135,000 |
| Employment History | 17 | $2,563,000 | $150,000 | $417,000 | $54,000 | $252,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $940,000 | $156,000 | $417,000 | $78,000 | $176,000 |
| Credit Application Incomplete | 6 | $743,000 | $123,000 | $231,000 | $179,000 | $408,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in MI, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in Michigan, and search similar information at your convenience.