Clare County
Michigan · FIPS 26035
According to CFPB HMDA 2024 application volume among U.S. counties, Clare County ranks #1,170 of 3,210, and #39 of 83 in Michigan.
Mortgage lending activity in Clare County, Michigan based on lender filings under the Home Mortgage Disclosure Act (HMDA). Data covers all applications received by HMDA-reporting institutions operating in this county during 2024. Why mortgages get denied walks the denial-reason codes that appear in books like this one.
Local mortgage market. Clare County, Michigan saw 1,377 HMDA-reported mortgage applications in 2024. Lenders originated 746 of those loans and denied 275, producing a denial rate of 20.0% and an approval (origination) rate of 54.2%. The average loan amount was $122,429 at an average note rate of 7.38%, with applicants self-reporting average annual income of $36K. 129 distinct institutions reported mortgage activity in this county.
Borrower leverage and affordability signal. The loan-to-income ratio averages 3.4x, meaning typical borrowers took on mortgages of about 3.4 times their annual income. That ratio is a rough affordability signal: higher multiples imply tighter monthly budgets and greater exposure to rate or income shocks. See our methodology for how to read the denial rate against a local applicant pool. This page is informational data reporting, not financial, legal, or mortgage advice.
Lender concentration in Clare County
In Clare County, lead originator Huntington National Bank funded only 10.3% of 746 originated loans, below the county fleet's lower tercile (~10.9% top-1 share). The top three reporters together hold 28.4% of the book, so shopping across channels still meets many active filers.
Counties With Similar Application Volume
Nationwide counties nearest to Clare County's 1,377 HMDA applications.
Counties With a Similar Average Loan
Nationwide counties nearest to Clare County's $122,429 average loan (deduped against volume peers).
Lenders active in Clare County
Huntington National Bank funded 77 of the 746 loans originated in Clare County, 10.3% of the county. 129 lenders reported activity here.
| # | Lender | Originated | Market Share |
|---|---|---|---|
| 1 | Huntington National Bank | 77 | 10.3% |
| 2 | Rocket Mortgage | 70 | 9.4% |
| 3 | Isabella Bank | 65 | 8.7% |
| 4 | Members First Credit Union | 49 | 6.6% |
| 5 | Mercantile Bank | 42 | 5.6% |
Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024. County FIPS codes per U.S. Census Bureau standards.
Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Provided for informational purposes only; does not constitute financial advice for Clare County borrowers.
Read our methodology - how this data is sourced, computed, and verified.
Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This Clare County page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.