Lenders › Thumb Bank & Trust › Michigan
Thumb Bank & Trust in Michigan
HMDA record for properties in Michigan, calendar year 2024. National record · Michigan overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
In Michigan, Thumb Bank & Trust reported 171 applications and 121 originations for 2024, $21m in all.
Its denial rate in the state was 21.1%, below the Michigan rate of 23.9% across all lenders and compared with the lender's national rate of 20.6%.
Applications in the state were down 6% on 2023.
Compared with the state and the lender's national record
| Measure | In Michigan | Michigan, all lenders | Thumb Bank & Trust, all states | United States |
|---|---|---|---|---|
| Denial rate | 21.1% | 23.9% | 20.6% | 24.3% |
| Median rate spread, pp | — | 0.5 | — | 0.3 |
| Originations with spread of 1.5 pp or more | — | 18.4% | — | 15.6% |
| Average originated loan | $173k | $212k | $174k | $329k |
| Home purchase share | 50.4% | 51.2% | 48.8% | 57.0% |
| FHA-insured share | 0.0% | 10.0% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 4.5% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateMichigan, all lenders
Loan purpose and loan type in Michigan
By purpose
Home purchase 50% (61)Home improvement 11% (13)Refinancing 11% (13)Cash-out refinancing 13% (16)Other purpose 15% (18)
By type
Conventional 100% (121)
Denial reasons as coded
Share of 36 denials in Michigan by first denial reason coded (outlined bar: all lenders in the state).
Counties in Michigan
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Sanilac County | 73 | 54 | $9.5m | 24.7% |
| Huron County | 41 | 30 | $4.4m | 19.5% |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Thumb Bank & Trust originate in Michigan in 2024?
121 loans totalling $21m, from 171 applications reported for properties in Michigan.
What is Thumb Bank & Trust's denial rate in Michigan?
21.1% of decided applications in Michigan were denied, against 23.9% for all lenders in the state and 20.6% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which Michigan counties does Thumb Bank & Trust lend in most?
By originations: Sanilac County (54), Huron County (30).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Michigan. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.