First Independence Bank
Mortgage Loan Application
Totals and Details
for 2014
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 | 1,345 |
| Total Mortgage Loan Application Amount | $215,485,000 |
| Average Mortgage Loan Application Amount | $142,333 |
| Highest Mortgage Loan Application Amount | $1,350,000 |
| Average Applicant Income | $74,333 |
| Highest Applicant Income | $1,369,000 |
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 |
|---|---|---|---|---|
| Macomb County Michigan | 233 | $ 33,969,000 | $ 145,000 | $ 78,000 |
| Oakland County Michigan | 198 | $ 37,163,000 | $ 187,000 | $ 95,000 |
| Wayne County Michigan | 179 | $ 29,148,000 | $ 162,000 | $ 108,000 |
| Livingston County Michigan | 96 | $ 17,425,000 | $ 181,000 | $ 74,000 |
| Pinellas County Florida | 66 | $ 11,309,000 | $ 171,000 | $ 79,000 |
| Pasco County Florida | 62 | $ 9,148,000 | $ 147,000 | $ 63,000 |
| Genesee County Michigan | 47 | $ 7,654,000 | $ 162,000 | $ 98,000 |
| Hillsborough County Florida | 32 | $ 6,084,000 | $ 190,000 | $ 66,000 |
| Miami-Dade County Florida | 28 | $ 4,961,000 | $ 177,000 | $ 72,000 |
| St. Clair County Michigan | 25 | $ 4,915,000 | $ 196,000 | $ 67,000 |
| Broward County Florida | 23 | $ 3,154,000 | $ 137,000 | $ 84,000 |
| Jackson County Michigan | 22 | $ 2,821,000 | $ 128,000 | $ 54,000 |
| Lapeer County Michigan | 22 | $ 3,798,000 | $ 172,000 | $ 65,000 |
| Manatee County Florida | 15 | $ 2,374,000 | $ 158,000 | $ 61,000 |
| Calhoun County Michigan | 15 | $ 1,596,000 | $ 106,000 | $ 55,000 |
| Scioto County Ohio | 14 | $ 1,508,000 | $ 107,000 | $ 52,000 |
| Huron County Michigan | 13 | $ 1,520,000 | $ 116,000 | $ 52,000 |
| Palm Beach County Florida | 12 | $ 2,156,000 | $ 179,000 | $ 67,000 |
| Washtenaw County Michigan | 12 | $ 2,472,000 | $ 206,000 | $ 88,000 |
| Hernando County Florida | 11 | $ 1,575,000 | $ 143,000 | $ 53,000 |
| Sarasota County Florida | 10 | $ 1,540,000 | $ 154,000 | $ 60,000 |
| Saginaw County Michigan | 10 | $ 794,000 | $ 79,000 | $ 39,000 |
| Volusia County Florida | 9 | $ 1,305,000 | $ 145,000 | $ 50,000 |
| Montgomery County Ohio | 9 | $ 788,000 | $ 87,000 | $ 48,000 |
| Lenawee County Michigan | 8 | $ 881,000 | $ 110,000 | $ 44,000 |
| Lee County Florida | 7 | $ 1,356,000 | $ 193,000 | $ 120,000 |
| Orange County Florida | 7 | $ 817,000 | $ 116,000 | $ 41,000 |
| Osceola County Florida | 6 | $ 1,202,000 | $ 200,000 | $ 54,000 |
| Santa Rosa County Florida | 6 | $ 1,559,000 | $ 259,000 | $ 75,000 |
| Allen County Indiana | 6 | $ 548,000 | $ 91,000 | $ 45,000 |
| Hillsdale County Michigan | 6 | $ 798,000 | $ 133,000 | $ 62,000 |
| Ingham County Michigan | 6 | $ 775,000 | $ 129,000 | $ 67,000 |
| Collier County Florida | 5 | $ 859,000 | $ 171,000 | $ 99,000 |
| Brevard County Florida | 4 | $ 565,000 | $ 141,000 | $ 72,000 |
| Leon County Florida | 4 | $ 493,000 | $ 123,000 | $ 53,000 |
| Scott County Kentucky | 4 | $ 426,000 | $ 106,000 | $ 59,000 |
| Sanilac County Michigan | 4 | $ 399,000 | $ 99,000 | $ 56,000 |
| Tuscola County Michigan | 4 | $ 372,000 | $ 93,000 | $ 62,000 |
| Seminole County Florida | 3 | $ 468,000 | $ 156,000 | $ 66,000 |
| Emmet County Michigan | 3 | $ 358,000 | $ 119,000 | $ 49,000 |
| Kalamazoo County Michigan | 3 | $ 539,000 | $ 179,000 | $ 52,000 |
| Steuben County Indiana | 2 | $ 169,000 | $ 84,000 | $ 29,000 |
| Greenup County Kentucky | 2 | $ 227,000 | $ 113,000 | $ 37,000 |
| Antrim County Michigan | 2 | $ 437,000 | $ 218,000 | $ 92,000 |
| Barry County Michigan | 2 | $ 153,000 | $ 76,000 | $ 34,000 |
| Eaton County Michigan | 2 | $ 334,000 | $ 167,000 | $ 65,000 |
| Ionia County Michigan | 2 | $ 274,000 | $ 137,000 | $ 47,000 |
| Monroe County Michigan | 2 | $ 380,000 | $ 190,000 | $ 66,000 |
| Otsego County Michigan | 2 | $ 202,000 | $ 101,000 | $ 142,000 |
| Presque Isle County Michigan | 2 | $ 196,000 | $ 98,000 | $ 37,000 |
| Shiawassee County Michigan | 2 | $ 168,000 | $ 84,000 | $ 51,000 |
| New Hanover County North Carolina | 2 | $ 400,000 | $ 200,000 | $ 98,000 |
| Clermont County Ohio | 2 | $ 776,000 | $ 388,000 | $ 127,000 |
| Franklin County Ohio | 2 | $ 157,000 | $ 78,000 | $ 30,000 |
| Preble County Ohio | 2 | $ 333,000 | $ 166,000 | $ 58,000 |
| Charlotte County Florida | 1 | $ 133,000 | $ 133,000 | $ 58,000 |
| Duval County Florida | 1 | $ 75,000 | $ 75,000 | $ 63,000 |
| Escambia County Florida | 1 | $ 52,000 | $ 52,000 | $ 40,000 |
| Lake County Florida | 1 | $ 256,000 | $ 256,000 | $ 88,000 |
| Martin County Florida | 1 | $ 154,000 | $ 154,000 | $ 95,000 |
| Okaloosa County Florida | 1 | $ 120,000 | $ 120,000 | $ 31,000 |
| St. Lucie County Florida | 1 | $ 123,000 | $ 123,000 | $ 0 |
| Cobb County Georgia | 1 | $ 220,000 | $ 220,000 | $ 98,000 |
| Boyd County Kentucky | 1 | $ 108,000 | $ 108,000 | $ 48,000 |
| Fleming County Kentucky | 1 | $ 223,000 | $ 223,000 | $ 66,000 |
| Lawrence County Kentucky | 1 | $ 132,000 | $ 132,000 | $ 74,000 |
| Lewis County Kentucky | 1 | $ 64,000 | $ 64,000 | $ 48,000 |
| Menifee County Kentucky | 1 | $ 105,000 | $ 105,000 | $ 61,000 |
| Oldham County Kentucky | 1 | $ 413,000 | $ 413,000 | $ 159,000 |
| Rowan County Kentucky | 1 | $ 102,000 | $ 102,000 | $ 46,000 |
| Woodford County Kentucky | 1 | $ 131,000 | $ 131,000 | $ 68,000 |
| Alcona County Michigan | 1 | $ 120,000 | $ 120,000 | $ 216,000 |
| Arenac County Michigan | 1 | $ 63,000 | $ 63,000 | $ 33,000 |
| Bay County Michigan | 1 | $ 79,000 | $ 79,000 | $ 28,000 |
| Cass County Michigan | 1 | $ 159,000 | $ 159,000 | $ 79,000 |
| Charlevoix County Michigan | 1 | $ 258,000 | $ 258,000 | $ 89,000 |
| Cheboygan County Michigan | 1 | $ 100,000 | $ 100,000 | $ 146,000 |
| Gladwin County Michigan | 1 | $ 191,000 | $ 191,000 | $ 118,000 |
| Iosco County Michigan | 1 | $ 166,000 | $ 166,000 | $ 301,000 |
| Kalkaska County Michigan | 1 | $ 138,000 | $ 138,000 | $ 58,000 |
| Kent County Michigan | 1 | $ 159,000 | $ 159,000 | $ 81,000 |
| Mecosta County Michigan | 1 | $ 112,000 | $ 112,000 | $ 56,000 |
| Ottawa County Michigan | 1 | $ 312,000 | $ 312,000 | $ 139,000 |
| Roscommon County Michigan | 1 | $ 60,000 | $ 60,000 | $ 63,000 |
| Van Buren County Michigan | 1 | $ 100,000 | $ 100,000 | $ 32,000 |
| Nicollet County Minnesota | 1 | $ 104,000 | $ 104,000 | $ 35,000 |
| Clark County Ohio | 1 | $ 49,000 | $ 49,000 | $ 27,000 |
| Cuyahoga County Ohio | 1 | $ 119,000 | $ 119,000 | $ 74,000 |
| Erie County Ohio | 1 | $ 96,000 | $ 96,000 | $ 37,000 |
| Lawrence County Ohio | 1 | $ 154,000 | $ 154,000 | $ 80,000 |
| Morrow County Ohio | 1 | $ 93,000 | $ 93,000 | $ 23,000 |
| Warren County Ohio | 1 | $ 264,000 | $ 264,000 | $ 142,000 |
| Shelby County Tennessee | 1 | $ 262,000 | $ 262,000 | $ 68,000 |
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 2014
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 | 1,132 | $177,834,000 | $157,000 | $1,350,000 | $78,000 | $1,369,000 |
| Refinancing | 177 | $35,014,000 | $197,000 | $1,300,000 | $90,000 | $561,000 |
| Home Improvement | 36 | $2,637,000 | $73,000 | $257,000 | $55,000 | $115,000 |
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 | 1,117 | $180,366,000 | $161,000 | $648,000 | $83,000 | $1,369,000 |
| Black or African American | 104 | $12,281,000 | $118,000 | $325,000 | $58,000 | $574,000 |
| Hispanic | 80 | $11,815,000 | $147,000 | $345,000 | $52,000 | $154,000 |
| Asian | 26 | $4,831,000 | $185,000 | $540,000 | $114,000 | $427,000 |
| Not applicable | 7 | $4,416,000 | $630,000 | $1,350,000 | $0 | $0 |
| Not Provided | 4 | $817,000 | $204,000 | $417,000 | $81,000 | $129,000 |
| Native Hawaiian or Other Pacific Islander | 4 | $408,000 | $102,000 | $154,000 | $77,000 | $127,000 |
| American Indian or Alaskan Native | 3 | $551,000 | $183,000 | $223,000 | $53,000 | $66,000 |
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) | 687 | $117,015,000 | $170,000 | $1,350,000 | $101,000 | $1,369,000 |
| FHA-insured (Federal Housing Administration) | 426 | $59,544,000 | $139,000 | $314,000 | $55,000 | $221,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 127 | $18,699,000 | $147,000 | $300,000 | $52,000 | $92,000 |
| VA-guaranteed (Veterans Administration) | 105 | $20,227,000 | $192,000 | $417,000 | $68,000 | $189,000 |
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 | 966 | $156,041,000 | $161,000 | $648,000 | $83,000 | $1,369,000 |
| Application Denied By Financial Institution | 179 | $25,523,000 | $142,000 | $1,350,000 | $60,000 | $1,107,000 |
| Application Approved But Not Accepted | 114 | $20,699,000 | $181,000 | $1,300,000 | $70,000 | $408,000 |
| Application Withdrawn By Applicant | 53 | $8,872,000 | $167,000 | $361,000 | $109,000 | $722,000 |
| Preapproval Approved but not Accepted | 22 | $3,296,000 | $149,000 | $360,000 | $59,000 | $114,000 |
| Preapproval Denied by Financial Institution | 8 | $822,000 | $102,000 | $182,000 | $23,000 | $42,000 |
| File Closed For Incompleteness | 3 | $232,000 | $77,000 | $218,000 | $54,000 | $83,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 60 | $8,222,000 | $137,000 | $404,000 | $36,000 | $137,000 |
| Credit History | 55 | $7,321,000 | $133,000 | $325,000 | $55,000 | $128,000 |
| Collateral | 42 | $5,607,000 | $133,000 | $388,000 | $60,000 | $255,000 |
| Other | 14 | $3,072,000 | $219,000 | $1,350,000 | $70,000 | $162,000 |
| Employment History | 7 | $1,047,000 | $149,000 | $344,000 | $41,000 | $128,000 |
| Unverifiable Information | 5 | $602,000 | $120,000 | $240,000 | $324,000 | $1,107,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $474,000 | $118,000 | $143,000 | $61,000 | $80,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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.