Lender profile · HMDA 2023–2025
Comerica Bank mortgage approval rates & lending data
Comerica Bank decided 15,855 mortgage applications and funded 7,673 loans across the 616 counties Fat Boy Data covers, 2023–2025.
Approval by loan type
| Loan type | Approval | Approved | Taken up | Typical loan | Loans made |
|---|---|---|---|---|---|
| Mortgage lenders | 66% | 605 / 917 | 94% | $245K | 567 |
| Home improvement loans | 46% | 3,473 / 7,473 | 93% | $125K | 3,220 |
| Cash-out refinance | 64% | 324 / 506 | 99% | $135K | 320 |
| Refinance | 56% | 3,614 / 6,421 | 93% | $185K | 3,349 |
| Investment property purchase | 72% | 95 / 132 | 95% | $315K | 90 |
| Investment cash-out refinance | 55% | 31 / 56 | 94% | $195K | 29 |
| Investment refinance | 35% | 52 / 149 | 88% | $325K | 46 |
| Investment home improvement | 28% | 56 / 201 | 93% | $155K | 52 |
Comerica Bank lending by state
| State | Approval | Typical loan | Decided | Loans made |
|---|---|---|---|---|
| Michigan | 55% | $105K | 5,873 | 3,027 |
| California | 54% | $205K | 5,148 | 2,601 |
| Texas | 44% | $205K | 3,863 | 1,535 |
| Arizona | 53% | $105K | 633 | 321 |
| Florida | 56% | $155K | 291 | 153 |
| North Carolina | 100% | $495K | 6 | 6 |
| Colorado | 100% | $265K | 5 | 5 |
| Georgia | 100% | $465K | 5 | 5 |
| Utah | 50% | $585K | 4 | 2 |
| New Mexico | 33% | $215K | 3 | 1 |
| Connecticut | 100% | $1.24M | 2 | 2 |
| Hawaii | 50% | $6.83M | 2 | 1 |
| Illinois | 100% | $285K | 2 | 2 |
| Indiana | 50% | $555K | 2 | 1 |
| Nevada | 50% | $1.92M | 2 | 1 |
Covers the 616 counties in the Fat Boy Data footprint, which is 79.6% of the US population — not every county in each state. Methodology.