Accomack County, VA Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 1,319 mortgage applications in Accomack County, VA totaling $207.7 million, down 16% from 2010. The average application was for $157,000, and applicants reported an average income of $82,000. 44% of applications resulted in an originated loan and 23% were denied. The most active lender was Wells Fargo Bank NA, with 194 applications, followed by PNC Bank N.A. and Truist Bank.

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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 1,319
Total Mortgage Loan Application Amount $207,663,000
Average Mortgage Loan Application Amount $157,000
Highest Mortgage Loan Application Amount $1,800,000
Average Applicant Income $82,000
Highest Applicant Income $2,117,000

Mortgage Company List for Lending in Accomack County, VA for 2011

* 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
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,104,833,000,000 194 $ 30,771,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 254,825,730,000 118 $ 13,507,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 153,341,765,000 111 $ 12,018,000
Gateway Bank Mortgage, Inc.
901 E CAREY STREET, SUITE 1700
RICHMOND, VA 23219
* $ 2,579,350,000 93 $ 15,318,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 70 $ 13,221,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 162,509,568,000 68 $ 11,388,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 62 $ 10,079,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 33 $ 6,334,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 27 $ 5,003,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 24 $ 1,777,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 23 $ 3,226,000
Shore Bank
PO BOX 920
ONLEY, VA 23418
* $ 330,233,000 22 $ 2,434,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 44,423,207,000 21 $ 4,028,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 20 $ 3,291,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 20 $ 4,707,000
First Shore Federal Savings and Loan Association
PO BOX 4248
SALISBURY, MD 21801
* $ 334,909,000 19 $ 1,567,000
Metlife Bank, N.A.
1555 WEST WALNUT HILL LANE, STE. 200
IRVING, TX 75038
* $ 16,490,790,000 18 $ 3,098,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 48,783,813,000 18 $ 2,700,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 15 $ 2,951,000
Village Bank Mortgage
13305 MIDLOTHIAN TURNPIKE
MIDLOTHIAN, VA 23113
* $ 300,960,000 14 $ 2,727,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 13 $ 3,769,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 13 $ 975,000
Nasa Federal Credit Union
500 PRINCE GEORGE'S BLVD.
UPPER MARLBORO, MD 20774
* $ 1,106,288,000 12 $ 2,117,000
Homeowners Mortgage of America
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 10 $ 1,330,000
Horizon Farm Credit, Aca
45 AILERON CT.
MECHANICSBURG, PA 17050
* $ 10,000,000 10 $ 2,685,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 10 $ 1,188,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 165,800,581,000 9 $ 1,158,000
Virginia Federal Credit Union
PO BOX 90010
RICHMOND, VA 23225
* $ 2,094,079,000 8 $ 580,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 7 $ 1,135,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 76,465,208,000 7 $ 1,025,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 6 $ 906,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,216,291,000,000 6 $ 1,057,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 6 $ 1,081,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 108,971,662,000 6 $ 1,052,000
1st Preference Mortgage Corp.
9423 BELAIR RD
BALTIMORE, MD 21236
* $ 1,000,000,000 5 $ 747,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 15,104,501,000 5 $ 428,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 12,522,585,000 5 $ 864,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 5 $ 624,000
Atlantic Bay Mortgage Group
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ 10,000,000 4 $ 862,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 4 $ 545,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 4 $ 1,203,000
Merrill Lynch Credit Corp
30930 RUSSELL RANCH RD CA6-916-01-14
WESTLAKE VILLAGE, CA 91362
* $ 2,223,299,000 4 $ 717,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 10,788,420,000 4 $ 354,000
Xenith Bank
901 E. CARY STREET, SUITE 1700
RICHMOND, VA 23219
* $ 2,579,350,000 3 $ 527,000
Monarch Bank
1435 CROSSWAYS BOULEVARD, SUITE 101
CHESAPEAKE, VA 23320
* $ 826,113,000 3 $ 826,000
Ing Bank, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 91,413,704,000 3 $ 930,000
First Choice Loan Services Inc.
ONE TOWER CENTER, FLOOR #18
EAST BRUNSWICK, NJ 08816
* $ 669,000,000 3 $ 601,000
State Employees Credit Union of MD
971 CORPORATE BLVD
LINTHICUM, MD 21090
* $ 2,092,647,000 3 $ 305,000
Provident Funding Group Inc
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 2,200,000,000 3 $ 796,000
The Columbia Bank
7168 COLUMBIA GATEWAY DRIVE
COLUMBIA, MD 21046
* $ 2,100,478,000 3 $ 482,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 3 $ 280,000
Ditech Mortgage Corp
1100 VIRGINIA DRIVE, SUITE 100
FT. WASHINGTON, PA 19034
* $ 5,720,000 3 $ 400,000
First Residential Mortgage
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 3 $ 671,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 3 $ 341,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 3 $ 514,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 2 $ 347,000
Homepromise Corporation
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ 100,000,000 2 $ 345,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 2 $ 606,000
Capital One NA
11130 INDUSTRIPLEX BLVD
BATON ROUGE, LA 70809
* $ 70,506,963,000 2 $ 300,000
Ameritrust Mortgage Inc.
11016 RUSHMORE DRIVE, SUITE 200
CHARLOTTE, NC 28277
* $ 10,000,000 2 $ 564,000
Gms Funding, LLC
824 MEETING STREET
WEST COLUMBIA, SC 29169
* $ 417,745,000 2 $ 227,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 2 $ 416,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 2 $ 298,000
Barrons Mortgage Group Ltd
3325 SOUTH TRYON STREET
CHARLOTTE, NC 28217
* $ 6,353,000 2 $ 397,000
Gateway Business Bank
18000 STUDEBAKER ROAD, SUITE 550
CERRITOS, CA 90703
* $ 198,117,000 2 $ 355,000
George Mason Mortgage LLC
4100 MONUMENT CORNER DRIVE #100
FAIRFAX, VA 22030
* $ 630,414,000 2 $ 328,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 2,163,220,000 2 $ 243,000
Northwest Federal Credit Union
220 SPRING STREET
HERNDON, VA 20170
* $ 2,046,971,000 2 $ 607,000
Charles Schwab Bank, SSB

LONE TREE, CO 80124
* $ 56,866,447,000 2 $ 320,000
Union Mortgage Group, Inc.
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 3,804,090,000 2 $ 620,000
Hebron Savings Bank
P.O. BOX 59
HEBRON, MD 21830
* $ 468,853,000 2 $ 154,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 2,001,416,000 2 $ 90,000
Fulton Bank, National Association
ONE PENN SQUARE
LANCASTER, PA 17602
* $ 8,800,692,000 2 $ 550,000
Presidential Bank, FSB
4600 EAST WEST HIGHWAY, SUITE 400
BETHESDA, MD 20814
* $ 608,886,000 2 $ 445,000
Cole Taylor Bank
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 4,469,196,000 1 $ 91,000
Sandy Spring Bank
6831 BENJAMIN FRANKIN DRIVE
COLUMBIA, MD 21046
* $ 3,517,655,000 1 $ 205,000
Nationwide Bank
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 3,942,789,000 1 $ 15,000
Bank @Lantec
501 S. INDEPENDENCE BLVD.
VIRGINIA BEACH, VA 23452
* $ 103,396,000 1 $ 142,000
Ameriprise Bank, FSB
707 2ND AVENUE SOUTH
MINNEAPOLIS, MN 55474
* $ 3,862,039,000 1 $ 175,000
Carnegie Mortgage
2297 STATE HIGHWAY 33
HAMILTON SQUARE, NJ 08690
* $ 193,976,000 1 $ 243,000
Affiliated Financial Group, Ll
5690 DTC BLVD
GREENWOOD VILLIAGE, CO 80111
* $ 196,687,000 1 $ 200,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 213,864,000 1 $ 372,000
Bank of Springfield
2600 STEVENSON DRIVE
SPRINGFIELD, IL 62711
* $ 681,222,000 1 $ 37,000
Southern Trust Mortgage LLC
4433 CORPORATION LANE, SUITE 300
VIRGINIA BEACH, VA 23462
* $ 935,253,000 1 $ 175,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 109,283,991,000 1 $ 80,000
E*Trade Savings Bank
671 N. GLEBE RD 12TH FLOOR
ARLINGTON, VA 22203
* $ 1,550,836,000 1 $ 263,000
Cit Bank, National Association
75 N. FAIR OAKS AVE.
PASADENA, CA 91103
* $ 26,432,928,000 1 $ 93,000
Financial Freedom Acquist. LLC
1 BANTING
IRVINE, CA 92618
* $ 36,000,000,000 1 $ 130,000
Nycb Mortgage Company, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 1 $ 230,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 555,205,000 1 $ 129,000
Woodforest National Bank
25231 GROGAN'S MILL ROAD
THE WOODLANDS, TX 77380
* $ 3,217,801,000 1 $ 235,000
Cbc National Bank
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 427,083,000 1 $ 169,000
American Heritage Federal Credit Union
2060 RED LION RD
PHILADELPHIA, PA 19115
* $ 1,011,752,000 1 $ 164,000
Member Options LLC
1936 ARLINGTONG BLVD.
CHARLOTTESVILLE, VA 22903
* $ 32,364,000 1 $ 100,000
Benchmark Mortgage, Inc
4413 COX ROAD
GLEN ALLEN, VA 23060
* $ 10,000,000 1 $ 120,000
Coastal States Mortgage, Inc.
5 BOW CIRCLE
HILTON HEAD ISLAND, SC 29928
* $ 10,000,000 1 $ 250,000
Fvcbank
11325 RANDOM HILLS ROAD, SUITE 240
FAIRFAX, VA 22030
* $ 207,348,000 1 $ 300,000
Chartway FCU
5700 CLEVELAND STREET
VIRGINIA BEACH, VA 23462
* $ 1,767,919,000 1 $ 98,000
Nma Federal Credit Union
4920 HAYGOOD ROAD
VIRGINIA BEACH, VA 23455
* $ 56,359,000 1 $ 6,000
Virginia Beach Schools Federal Credit Union
3701 BONNEY ROAD
VIRGINIA BEACH, VA 23452
* $ 74,705,000 1 $ 8,000
Quorum Federal Credit Union
2500 WESTCHESTER AVENUE
PURCHASE, NY 10577
* $ 645,511,000 1 $ 96,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,919,054,000 1 $ 69,000
Carolina Bank
PO BOX 10209
GREENSBORO, NC 27404
* $ 676,387,000 1 $ 290,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 502,376,000 1 $ 30,000
Townebank
5716 HIGH STREET WEST
PORTSMOUTH, VA 23703
* $ 3,871,028,000 1 $ 242,000
Meridian Bank
9 OLD LINCOLN HIGHWAY
MALVERN, PA 19355
* $ 368,599,000 1 $ 240,000
Graystone Tower Bank
1826 GOOD HOPE RD
ENOLA, PA 17025
* $ 2,745,490,000 1 $ 244,000
First Choice Bank
669 WHITEHEAD ROAD
LAWRENCEVILLE, NJ 08648
* $ 448,171,000 1 $ 185,000
Bbmc Mortgage, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 1 $ 243,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 1 $ 189,000
Capital Center LLC
4510 COX ROAD STE 402
GLEN ALLEN, VA 23060
* $ 10,000,000 1 $ 234,000
Tidewater Mortgage Services, Inc
200 GOLDEN OAK COURT STE. 100
VIRGINIA BEACH, VA 26452
* $ 100,000,000 1 $ 85,000
Apex Home Loans, Inc.
3204 TOWER OAKS BLVD., SUITE 400
ROCKVILLE, MD 20852
* $ 47,057,000 1 $ 240,000
NFM, Inc
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ 8,226,000 1 $ 610,000
Credit Union Mortgage Associat
10800 MAIN STREET
FAIRFAX, VA 22030
* $ 435,000,000 1 $ 165,000
National Penn Bank
PO BOX 547
BOYERTOWN, PA 19512
* $ 8,810,607,000 1 $ 382,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 1 $ 116,000
Generation Mortgage Company
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 1 $ 150,000
Mid-Island Mortgage Corp.
900 MERCHANTS CONCOURSE, SUITE #112
WESTBURY, NY 11590
* $ 10,000,000 1 $ 141,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 417,000
Flagship Mortgage Corporation
100 OLD WILSON BRIDGE RD
WORTHINGTON, OH 43085
* $ 10,000,000 1 $ 154,000
Residential Finance Corp.
401 N. FRONT STREET, SUITE 300
COLUMBUS, OH 43215
* $ 17,533,484,000 1 $ 255,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 1 $ 33,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 1 $ 133,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 1 $ 137,000
Roundpoint Mortgage Company
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 1 $ 184,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 141,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 312,000
Wcs Lending, LLC
951 YAMATO ROAD, SUITE 150
BOCA RATON, FL 33431
* $ 25,076,000 1 $ 244,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 7,724,367,000 1 $ 412,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ 24,832,312,000 1 $ 229,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 179,970,802,000 1 $ 250,000
Mortgage Master, Inc.
102 ELM STREET
WALPOLE, MA 02081
* $ 11,250,346,000 1 $ 200,000
Allied Mortgage Group, Inc
225 E. CITY AVENUE, SUITE 102
BALA CYNWYD, PA 19004
* $ 10,000,000 1 $ 161,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 229,000
Prospect Mortgage, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 1 $ 152,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 1 $ 152,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 230,000
Peoples Home Equity
5205 MARYLAND WAY SUITE 100
BRENTWOOD, TN 37027
* $ 1,065,000 1 $ 261,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 210,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 1 $ 108,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD, SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 1 $ 132,000

The tables below break down 2011 mortgage applications in Accomack County, VA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Accomack County, VA in 2011

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
Refinancing 855 $145,609,000 $170,000 $1,800,000 $85,000 $2,117,000
Home Purchase 378 $56,639,000 $149,000 $510,000 $79,000 $1,059,000
Home Improvement 86 $5,415,000 $62,000 $300,000 $61,000 $272,000

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 905 $146,814,000 $162,000 $610,000 $90,000 $1,059,000
Not Provided 159 $26,461,000 $166,000 $1,800,000 $100,000 $2,117,000
Black or African American 132 $14,082,000 $106,000 $273,000 $40,000 $186,000
Not applicable 106 $18,414,000 $173,000 $414,000 $27,000 $265,000
Hispanic 9 $755,000 $83,000 $196,000 $36,000 $82,000
Asian 7 $1,008,000 $144,000 $280,000 $209,000 $406,000
American Indian or Alaskan Native 1 $129,000 $129,000 $129,000 $177,000 $177,000
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) 1,041 $163,972,000 $157,000 $1,800,000 $93,000 $2,117,000
FHA-insured (Federal Housing Administration) 170 $23,814,000 $140,000 $389,000 $33,000 $177,000
VA-guaranteed (Veterans Administration) 62 $11,222,000 $181,000 $508,000 $60,000 $237,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 46 $8,655,000 $188,000 $500,000 $48,000 $97,000

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 584 $95,547,000 $163,000 $1,800,000 $100,000 $2,117,000
Application Denied By Financial Institution 303 $40,543,000 $133,000 $595,000 $70,000 $600,000
Loan Purchased By The Institution 216 $36,273,000 $167,000 $414,000 $52,000 $413,000
Application Withdrawn By Applicant 113 $19,414,000 $171,000 $610,000 $84,000 $1,000,000
Application Approved But Not Accepted 67 $9,329,000 $139,000 $575,000 $79,000 $470,000
File Closed For Incompleteness 36 $6,557,000 $182,000 $510,000 $67,000 $206,000
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
Collateral 66 $10,419,000 $157,000 $593,000 $98,000 $442,000
Credit History 60 $5,042,000 $84,000 $595,000 $61,000 $600,000
Debt-To-Income Ratio 51 $7,089,000 $139,000 $417,000 $53,000 $170,000
Credit Application Incomplete 21 $3,446,000 $164,000 $417,000 $92,000 $356,000
Other 16 $1,850,000 $115,000 $269,000 $72,000 $198,000
Insufficient Cash (Downpayment, Closing Cost) 9 $1,336,000 $148,000 $237,000 $72,000 $121,000
Employment History 4 $706,000 $176,000 $285,000 $57,000 $113,000
Unverifiable Information 3 $523,000 $174,000 $252,000 $102,000 $220,000
Mortgage Insurance Denied 1 $279,000 $279,000 $279,000 $92,000 $92,000

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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