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2024 data HMDA 2024 disclosure official source

Sanilac County

1,367 mortgage applications, 20.8% denial rate. Verify FIPS 26151 with U.S. Census Bureau →

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Michigan · FIPS 26151

Local mortgage market. Sanilac County, Michigan saw 1,367 HMDA-reported mortgage applications in 2024. Lenders originated 745 of those loans and denied 284, producing a denial rate of 20.8% and an approval (origination) rate of 54.5%. The average loan amount was $148,446 at an average note rate of 7.30%, with applicants self-reporting average annual income of $36K. 122 distinct institutions reported mortgage activity in this county.

Borrower leverage and affordability signal. The loan-to-income ratio averages 4.1x, meaning typical borrowers took on mortgages of about 4.1 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.

FIPS 26151 · CFPB HMDA 2024 Snapshot National Loan-Level Dataset. See our disclaimer before acting on this data.

1,367
Applications
745
Originated
20.8%
Denial Rate
54.5%
Approval Rate
$148,446
Avg Loan Amount
7.30%
Avg Interest Rate
$36K
Avg Applicant Income
4.1x
Loan-to-Income Ratio

Nearby Lenders in Sanilac County

Top HMDA-reporting lenders active in this county. Compare any two side-by-side for rates, denial rates, and loan mix.

# Lender Originated Market Share
1 Rocket Mortgage 71 9.5%
2 Thumb Bank & Trust 54 7.2%
3 United Wholesale Mortgage 53 7.1%
4 Michigan Mutual, INC 43 5.8%
5 Huntington National Bank 42 5.6%
Compare Rocket Mortgage vs Thumb Bank & Trust →

Frequently Asked Questions

How many mortgage applications were filed in Sanilac County?
In the 2024 HMDA reporting year, 1,367 mortgage applications were filed in Sanilac County, Michigan. Of these, 745 were originated (approved and funded), while 284 were denied, resulting in a denial rate of 20.8%.
What is the mortgage denial rate in Sanilac County?
The mortgage denial rate in Sanilac County is 20.8%. The approval (origination) rate is 54.5%, reflecting originated loans as a share of all applications.
What is the average mortgage loan amount in Sanilac County?
The average mortgage loan amount in Sanilac County is $148,446. The average interest rate is 7.302%. The average applicant income is $36K.
What is the loan-to-income ratio in Sanilac County?
The average loan-to-income ratio in Sanilac County is 4.1x, meaning borrowers took on loans averaging 4.1 times their annual income. This reflects average borrower profiles for mortgages processed in this county.
Who are the top mortgage lenders in Sanilac County?
The top mortgage lenders in Sanilac County by origination volume are Rocket Mortgage, Thumb Bank & Trust, United Wholesale Mortgage. In total, 122 lenders reported mortgage activity in this county.
Where does this mortgage data come from?
This data comes from the CFPB HMDA 2024 Snapshot National Loan-Level Dataset, a mandatory federal disclosure dataset covering all mortgage applications filed with HMDA-reporting institutions. County boundaries are identified by FIPS codes.

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.

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 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.