Comerica Bank mortgage approval rate & lending review
Comerica Bank decided 15,855 mortgage applications and funded 7,673 loans across the 616 counties Fat Boy Data covers, 2023–2025.
These are the decisions Comerica Bank reported under the Home Mortgage Disclosure Act, not its advertised interest rates. For current rates and applications go to comerica.com.
Comerica Bank at a glance
Approval is 18.1 points below the 70.1% national rate for the same mix of loan types.
Approval rates 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 |
Fat Boy Data covers 616 counties, 79.6% of the US population, not every county in every state. States with fewer than 20 decisions are not listed.Methodology.
Where Comerica Bank lends most
| County | Loan type | Approval | Decided | Loans made |
|---|---|---|---|---|
| Oakland County, MI | Refinance | 63% | 751 | 440 |
| Los Angeles County, CA | Home improvement loans | 52% | 797 | 388 |
| Wayne County, MI | Refinance | 57% | 669 | 358 |
| Macomb County, MI | Refinance | 67% | 519 | 326 |
| Oakland County, MI | Home improvement loans | 52% | 613 | 294 |
| Wayne County, MI | Home improvement loans | 33% | 857 | 249 |
| Harris County, TX | Refinance | 47% | 570 | 237 |
| Los Angeles County, CA | Refinance | 48% | 494 | 218 |
| San Diego County, CA | Home improvement loans | 55% | 397 | 212 |
| Orange County, CA | Home improvement loans | 62% | 329 | 185 |
| Dallas County, TX | Refinance | 52% | 375 | 176 |
| Macomb County, MI | Home improvement loans | 44% | 418 | 169 |
The county markets where Comerica Bank made the most loans. Each link opens that market with every lender ranked.
Questions about Comerica Bank
What is Comerica Bank's mortgage approval rate?
Comerica Bank approved 52.0% of the 15,855 mortgage applications it decided across the 616 counties Fat Boy Data covers, 2023–2025, 18.1 points below the 70.1% national rate for the same mix of loan types.
How often do borrowers take the loan Comerica Bank offers?
Borrowers accepted 93% of the loans Comerica Bank approved, against 93% for all home improvement loan lenders nationally. A low take-up usually means the approved terms were not competitive.
What size loans does Comerica Bank make?
The typical home improvement loan loan Comerica Bank made was $125K; across all loan types its typical loan ran from $125K to $325K. HMDA reports amounts in $10,000 brackets, so these are midpoints.
Where does Comerica Bank lend?
Comerica Bank decided applications in 26 of the states Fat Boy Data covers, most of them in Michigan, California and Texas.
Can I apply to Comerica Bank directly?
Yes. Comerica Bank reports as a direct lender that takes applications from borrowers. Its website is comerica.com.
Does this page show Comerica Bank's interest rates?
No. HMDA filings record who applied, who was approved and how much was borrowed, not the rate offered. Use the approval rate and take-up here to judge how Comerica Bank treats applications, then get a rate quote from the lender.