Abbeville County, SC Mortgage Lenders & HMDA Data, 2023

In 2023, lenders reported 678 mortgage applications in Abbeville County, SC totaling $110.2 million, down 11% from 2022. The average application was for $162,000, and applicants reported an average income of $87,000. 44% of applications resulted in an originated loan and 24% were denied. The most active lender was Vanderbilt Mortgage and Finance, Inc, with 77 applications, followed by Atlantic Bay Mortgage Group and 21st Mortgage.

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Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 678
Total Mortgage Loan Application Amount $110,190,000
Average Mortgage Loan Application Amount $162,000
Highest Mortgage Loan Application Amount $1,085,000
Average Applicant Income $87,000
Highest Applicant Income $3,998,000

Mortgage Company List for Lending in Abbeville County, SC for 2023

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 77 $ 9,455,000
Atlantic Bay Mortgage Group
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ -1,000 37 $ 5,045,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 35 $ 4,735,000
First Ciitizens Bank and Trust
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27603
* $ 109,180,139,000 28 $ 4,070,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 24 $ 4,180,000
Southstate Bank, National Association
1101 1ST STREET SOUTH
WINTER HAVEN, FL 33880
* $ 43,900,126,000 21 $ 2,815,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 18 $ 4,170,000
Countybank
425 MAIN STREET
GREENWOOD, SC 29648
* $ 707,197,000 18 $ 4,360,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 15 $ 3,445,000
Acopia, LLC
306 NORTHCREEK BOULEVARD SUITE 100
GOODLETTSVILLE, TN 37072
* $ -1,000 14 $ 1,720,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,418,508,000,000 12 $ 770,000
United Community Bank
PO BOX 398
GREENVILLE, SC 29601
* $ 23,954,627,000 11 $ 2,175,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 10 $ 2,020,000
The Commercial Bank
4 CHURCH STREET
HONEA PATH, SC 29654
* $ 250,949,000 10 $ 1,730,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 10 $ 1,840,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 10 $ 1,740,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 129,461,046,000 10 $ 690,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 10 $ 930,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 9 $ 1,315,000
Sc State Credit Union
800 HUGER STREET
COLUMBIA, SC 29201
* $ 1,300,321,000 9 $ 1,055,000
Agfirst Farm Credit Bank
1901 MAIN STREET
COLUMBIA, SC 29201
* $ -1,000 9 $ 2,515,000
Upstate Federal Credit Union
910 WHITEHALL RD
ANDERSON, SC 29625
* $ 119,026,000 7 $ 675,000
On Q Financial, LLC
4800 SCOTTSDALE RD SUITE 5500
SCOTTSDALE, AZ 85260
* $ -1,000 7 $ 1,605,000
Ameris Bank
300 SOUTH MAIN STREET
ATLANTA, GA 30305
* $ 24,967,889,000 7 $ 1,225,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 6 $ 970,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 6 $ 750,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 6 $ 1,240,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 6 $ 1,160,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,717,531,000,000 6 $ 580,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 6 $ 1,030,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 5 $ 875,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 5 $ 835,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 5 $ 1,425,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 5 $ 1,085,000
Flagstar Bank NA

TROY, MI 49098
* $ 90,036,656,000 5 $ 1,355,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 546,228,000,000 5 $ 585,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 386,799,237,000 5 $ 695,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 4 $ 920,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 4 $ 220,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 4 $ 800,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 4 $ 550,000
Primis Bank

GLEN ALLEN, VA 23060
* $ -1,000 4 $ 1,030,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 4 $ 510,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 4 $ 570,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 3 $ 505,000
Mtc Federal Credit Union
PO BOX 1944
GREENVILLE, SC 29607
* $ 255,162,000 3 $ 335,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 3 $ 385,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 3 $ 505,000
Parda Federal Credit Union
2601 CAMBRIDGE CT, STE 210
AUBURN HILLS, MI 48326
* $ 227,194,000 3 $ 275,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 3 $ 405,000
Fourleaf Federal Credit Union
899 SOUTH OYSTER BAY ROAD
BETHPAGE, NY 11714
* $ 11,943,023,000 3 $ 535,000
Agsouth Farm Credit

LINCOLNTON, NC 28092
* $ -1,000 3 $ 705,000
DHI Mortgage Company, Ltd.
10700 PECAN PARK BLVD, SUITE 450
AUSTIN, TX 78750
* $ -1,000 3 $ 685,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 3 $ 535,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 3,765,608,000 3 $ 485,000
Countryplace Mortgage, Ltd.

PLANO, TX 75024
* $ -1,000 3 $ 485,000
First Palmetto Bank
407 E DEKALB STREET
CAMDEN, SC 29020
* $ 881,470,000 2 $ 370,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 552,307,127,000 2 $ 40,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 2 $ 510,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 2 $ 360,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 2 $ 200,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 2 $ 330,000
Southern First Bank
100 VERDAE BLVD
GREENVILLE, SC 29607
* $ 3,694,134,000 2 $ 650,000
Homestar Financial Corporation
332 WASHINGTON STREET, NW
PEACHTREE CORNERS, GA 30501
* $ -1,000 2 $ 300,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 2 $ 220,000
Norwich Commercial Group Inc
38 SECURITY DRIVE
AVON, CT 06001
* $ -1,000 2 $ 180,000
Atlantic Home Mortgage LLC
6250 SHILOH RD SUITE #220
ALPHARETTA, GA 30005
* $ -1,000 2 $ 170,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 2 $ 440,000
Corning Credit Union
ONE CREDIT UNION PLAZA
CORNING, NY 14830
* $ 2,247,746,000 2 $ 80,000
Blue Ridge Bank
P.O. BOX 609, 17 WEST MAIN ST
LURAY, VA 22835
* $ 3,098,582,000 2 $ 160,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ -1,000 2 $ 220,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 2 $ 330,000
The Park National Bank
50 N THIRD STREET
NEWARK, OH 43055
* $ 9,815,951,000 1 $ 585,000
Connexus Credit Union
2600 PINE RIDGE
WAUSAU, WI 54401
* $ 5,264,106,000 1 $ 205,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 1 $ 75,000
Mycumortgage
3560 PENTAGON BLVD. SUITE 301
BEAVERCREEK, OH 45431
* $ -1,000 1 $ 155,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 1 $ 55,000
Stockton Mortgage Corporation
88 C MICHAEL DAVENPORT BLVD.
FRANKFORT, KY 40601
* $ -1,000 1 $ 185,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 1 $ 185,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 154,203,000,000 1 $ 415,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 1 $ 385,000
First Federal Bank
1300 MCFARLAND BLVD NE
TUSCALOOSA, AL 35406
* $ 139,570,000 1 $ 185,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ -1,000 1 $ 385,000
First Community Bank
5455 SUNSET BLVD
LEXINGTON, SC 29072
* $ 1,672,295,000 1 $ 155,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 1 $ 155,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 110,900,000,000 1 $ 135,000
Palmetto Citizens Federal Cred
PO BOX 5846
COLUMBIA, SC 29250
* $ 1,303,382,000 1 $ 195,000
Alcova Mortgage, LLC
308 MARKET ST, SE
ROANOKE, VA 24011
* $ -1,000 1 $ 335,000
Csl Financial, LLC
500 OFFICE PARK DRIVE SUITE 310
BIRMINGHAM, AL 35223
* $ -1,000 1 $ 175,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 176,980,258,000 1 $ 205,000
Hometrust Bank
PO BOX 10
ASHEVILLE, NC 28802
* $ 3,646,842,000 1 $ 15,000
Pinnacle Bank
884 ELBERT STREET
ELBERTON, GA 30635
* $ 2,038,739,000 1 $ 85,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 34,681,050,000 1 $ 105,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ -1,000 1 $ 175,000
Credit Union Mortgage Associat
10800 MAIN STREET
FAIRFAX, VA 22030
* $ -1,000 1 $ 75,000
Texasbank
400 FISK AVE
BROWNWOOD, TX 76801
* $ 1,715,530,000 1 $ 285,000
Tammac Holdings Corporation
480 SWEDESFORD ROAD SUITE 200
WAYNE, PA 19087
* $ -1,000 1 $ 175,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 780,976,000 1 $ 355,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ 9,123,708,000 1 $ 225,000
Newrez Ventures LLC
4000 W. BROWN DEER ROAD
SPRINGFIELD, IL 53209
* $ -1,000 1 $ 195,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 1 $ 75,000
SWBC Mortgage Corporation
9311 SAN PEDRO AVENUE STE 100
SAN ANTONIO, TX 78216
* $ -1,000 1 $ 165,000
Midland Mortgage Corporation
1500 RICHLAND STREET
COLUMBIA, SC 29201
* $ -1,000 1 $ 205,000
Total Mortgage Services, LLC
185 PLAINS ROAD
MILFORD, CT 06461
* $ -1,000 1 $ 115,000
Bank of Travelers Rest
P O BOX 1067
TRAVELERS REST, SC 29690
* $ 1,317,381,000 1 $ 275,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ -1,000 1 $ 135,000
Wsfs Bank
500 DELAWARE AVENUE
WILMINGTON, DE 19801
* $ 19,808,858,000 1 $ 45,000
Renasant Bank

JOHNS CREEK, GA 30097
* $ 16,995,485,000 1 $ 65,000
Network Funding, L.P.
9700 RICHMOND, SUITE 320
HOUSTON, TX 77042
* $ -1,000 1 $ 95,000
Arthur State Bank
131 S MAIN ST
UNION, SC 29379
* $ 737,722,000 1 $ 155,000
United Bank VA

MORGANTOWN, WV 26505
* $ 29,430,409,000 1 $ 55,000
State Employees' Credit Union
P.O. DRAWER 25279
RALEIGH, NC 27611
* $ 50,970,402,000 1 $ 25,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 1 $ 105,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 1,052,701,000 1 $ 255,000
Resource Financial Services, Inc.
2717 DEVINE STREET
COLUMBIA, SC 29201
* $ -1,000 1 $ 225,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 1 $ 195,000
Interlinc Mortgage Services, LLC
10613 W. SAM HOUSTON PKWY N. SUITE 200
HOUSTON, TX 77086
* $ -1,000 1 $ 295,000
Delmar Financial Company
1066 EXECUTIVE PARKWAY SUITE 100
ST LOUIS, MO 63141
* $ -1,000 1 $ 185,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ 18,739,008,000 1 $ 185,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 206,289,179,000 1 $ 135,000
Founders Federal Credit Union
737 PLANTATION ROAD
LANCASTER, SC 29720
* $ 4,022,206,000 1 $ 115,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 115,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 1 $ 35,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 2,040,399,000 1 $ 325,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 185,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 55,000
Ally Bank

CHARLOTTE, NC 28202
* $ 181,890,000,000 1 $ 355,000
Banksouth Mortgage Company LLC
6340 LAKE OCONEE PARKWAY SUITE 202
GREENSBORO, GA 30642
* $ -1,000 1 $ 185,000
Resicentral LLC
700 LARKSPUR LANDING CIRCLE SUITE 199-18
LARKSPUR, CA 94939
* $ -1,000 1 $ 275,000
Shelter Home Mortgage, LLC

FORT WASHINGTON, PA 19034
* $ -1,000 1 $ 195,000
Consumer Real Estate Finance Co dba Society Mortgage
330 SW 2ND ST #111
FORT LAUDERDALE, FL 33312
* $ -1,000 1 $ 175,000
Primis Bank
10900 NUCKOLS ROAD SUITE 325 GLEN ALLEN
GLEN ALLEN, VA 23060
* $ 3,564,481,000 1 $ 565,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,517,837,000 1 $ 355,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 165,000
Consolidated Community Credit
1033 NE 6TH AVE
PORTLAND, OR 97232
* $ 501,051,000 1 $ 225,000
South Carolina Federal Credit
6265 RIVERS AVENUE
NORTH CHARLESTON, SC 29406
* $ 2,561,193,000 1 $ 255,000
First Integrity Mortgage Services, Inc.
77 WESTPORT PLAZA SUITE 200
ST. LOUIS, MO 63146
* $ -1,000 1 $ 275,000
Assurance Financial Group, L.L.C.
9029 JEFFERSON HIGHWAY SUITE 100
BATON ROUGE, LA 70809
* $ -1,000 1 $ 185,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 65,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 255,000

The tables below break down 2023 mortgage applications in Abbeville County, SC by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Abbeville County, SC in 2023

Loan Purpose

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Home Purchase 420 $73,460,000 $174,000 $1,085,000 $78,000 $504,000
Cash-out Refinancing 102 $19,240,000 $188,000 $565,000 $75,000 $204,000
Home Improvement 53 $4,595,000 $86,000 $355,000 $171,000 $3,998,000
Other Purpose 50 $4,860,000 $97,000 $455,000 $103,000 $454,000
Refinancing 47 $7,495,000 $159,000 $565,000 $74,000 $296,000
Not Applicable 6 $540,000 $90,000 $285,000 $44,000 $44,000

Applicant Race

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
White 424 $70,330,000 $165,000 $1,085,000 $92,000 $3,998,000
Black or African American 95 $11,375,000 $119,000 $385,000 $59,000 $241,000
Not Provided 75 $11,465,000 $152,000 $375,000 $83,000 $308,000
Not applicable 58 $11,610,000 $200,000 $565,000 $44,000 $44,000
Hispanic 13 $2,055,000 $158,000 $245,000 $103,000 $312,000
American Indian or Alaskan Native 10 $1,830,000 $183,000 $355,000 $87,000 $156,000
Asian 3 $1,525,000 $508,000 $565,000 $316,000 $454,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0

Loan Type

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 457 $69,745,000 $152,000 $1,085,000 $96,000 $3,998,000
FHA-insured (Federal Housing Administration) 138 $22,290,000 $161,000 $415,000 $61,000 $165,000
VA-guaranteed (Veterans Administration) 68 $15,760,000 $231,000 $495,000 $79,000 $242,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 15 $2,395,000 $159,000 $225,000 $60,000 $80,000

Outcome

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Loan Originated 300 $52,170,000 $173,000 $1,085,000 $88,000 $504,000
Application Denied By Financial Institution 161 $23,205,000 $144,000 $975,000 $98,000 $3,998,000
Application Withdrawn By Applicant 84 $12,300,000 $146,000 $395,000 $68,000 $224,000
File Closed For Incompleteness 58 $8,740,000 $150,000 $495,000 $86,000 $312,000
Loan Purchased By The Institution 57 $10,815,000 $189,000 $565,000 $83,000 $155,000
Application Approved But Not Accepted 18 $2,960,000 $164,000 $405,000 $65,000 $134,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

Denial Reason

Total Number of Mortgage Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Amount Highest Mortgage Loan Amount Average Applicant Income Highest Applicant Income
Not applicable 510 $85,580,000 $167,000 $1,085,000 $83,000 $504,000
Credit History 66 $8,030,000 $121,000 $315,000 $61,000 $156,000
Debt-To-Income Ratio 36 $6,110,000 $169,000 $565,000 $67,000 $171,000
Collateral 22 $3,070,000 $139,000 $365,000 $94,000 $296,000
Credit Application Incomplete 20 $3,990,000 $199,000 $975,000 $110,000 $504,000
Unverifiable Information 14 $2,210,000 $157,000 $505,000 $361,000 $3,998,000
Other 6 $530,000 $88,000 $205,000 $121,000 $140,000
Employment History 2 $480,000 $240,000 $375,000 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 2 $190,000 $95,000 $125,000 $48,000 $51,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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