Apache County, AZ Mortgage Lenders & HMDA Data, 2016

In 2016, lenders reported 1,261 mortgage applications in Apache County, AZ totaling $140.4 million, up 14% from 2015. The average application was for $111,000, and applicants reported an average income of $66,000. 31% of applications resulted in an originated loan and 38% were denied. The most active lender was Wells Fargo Bank NA, with 207 applications, followed by Vanderbilt Mortgage and Finance, Inc and Guild Mortgage Company.

Looking for lender-specific data?
Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in Arizona.
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 1,261
Total Mortgage Loan Application Amount $140,402,000
Average Mortgage Loan Application Amount $111,000
Highest Mortgage Loan Application Amount $625,000
Average Applicant Income $66,000
Highest Applicant Income $6,456,000

Mortgage Company List for Lending in Apache County, AZ for 2016

* 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
* $ 1,610,580,000,000 207 $ 9,954,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 167 $ 11,897,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 93 $ 13,061,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 92 $ 6,454,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 67 $ 11,011,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 28 $ 3,597,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,801,773,000 24 $ 1,720,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 23 $ 2,836,000
Pima Federal Credit Union
6840 N ORACLE ROAD, SUITE 100
TUCSON, AZ 85704
* $ 466,119,000 21 $ 1,965,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 20 $ 2,448,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ 10,000,000 19 $ 3,138,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 18 $ 2,330,000
Freedom Mortgage Corporation
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 18 $ 2,668,000
Zions Bancorporation, N.A.

DENVER, CO 80237
* $ 59,401,875,000 16 $ 1,853,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 16 $ 1,696,000
Nova Financial & Investment Corporation
6245 E. BROADWAY BLVD., SUITE 400
TUCSON, AZ 85711
* $ 10,000,000 14 $ 2,173,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 13 $ 1,532,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 13 $ 2,907,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ 10,000,000 13 $ 2,482,000
Amerifirst Financial, Inc.
1550 E. MCKELLIPS RD, SUITE 117
MESA, AZ 85203
* $ 96,267,000 13 $ 1,713,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 12 $ 1,623,000
Moria Development Inc
3215 W RAY RD
CHANDLER, AZ 85266
* $ 91,862,717,000 12 $ 1,924,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,709,556,000 12 $ 1,976,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 75,743,098,000 11 $ 642,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 11 $ 1,330,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 11 $ 1,134,000
Oneaz Credit Union
2355 W PINNACLE PEAK RD
PHOENIX, AZ 85027
* $ 1,788,427,000 10 $ 1,398,000
Sunstreet Mortgage, LLC
SUNSTREET MORTGAGE, LLC
1725 E. SKYLINE DRIVE, AZ 85718
* $ 1,150,000 9 $ 1,395,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 8 $ 1,325,000
Wallick and Volk, Inc.
222 E. 18TH ST.
CHEYENNE, WY 82001
* $ 10,000,000 8 $ 1,109,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ 52,388,000 8 $ 1,644,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 6 $ 1,298,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 6 $ 993,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ 10,000,000 6 $ 1,263,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ 10,000,000 6 $ 902,000
Chickasaw Community Bank
909 S MERIDIAN AVE
OKLAHOMA CITY, OK 73142
* $ 125,111,000 6 $ 1,551,000
Arizona Central Credit Union
2020 N CENTRAL AVE
PHOENIX, AZ 85004
* $ 438,936,000 6 $ 816,000
Starboard Financial Management, LLC
4145 E BASELINE RD
GILBERT, AZ 85234
* $ 7,966,000 5 $ 1,382,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 5 $ 668,000
V.I.P. Mortgage, Inc.
9221 E VIA DE VENTURA
SCOTTSDALE, AZ 85258
* $ 10,000,000 5 $ 769,000
Desert Financial Credit Union
148 N. 48TH ST.
PHOENIX, AZ 85034
* $ 3,837,933,000 5 $ 459,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 5 $ 499,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 4 $ 480,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 4 $ 616,000
Lend Smart Mortgage, LLC
3450 LEXINGTON AVE N
OAKDALE, MN 55126
* $ 2,304,353,000 3 $ 279,000
Bay Equity LLC

DETROIT, MI 48226
* $ 12,210,000 3 $ 586,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 3 $ 548,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 3 $ 437,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 444,244,000 3 $ 97,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 3 $ 119,000
Mann Financial Inc.
1220 WHITEFISH STAGE ROAD
KALISPELL, MT 59901
* $ 10,000,000 3 $ 418,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 3 $ 395,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 95,747,000 3 $ 324,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ 10,000,000 3 $ 340,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ 32,120,000 3 $ 280,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 3 $ 354,000
Geneva Financial LLC
180 S ARIZONA AVE STE 310
CHANDLER, AZ 85225
* $ 7,113,654,000 3 $ 356,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 3 $ 971,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 3 $ 434,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 3 $ 481,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 186,710,993,000 3 $ 603,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ 42,331,494,000 3 $ 309,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 3 $ 532,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 451,930,000 3 $ 725,000
On Q Financial, LLC
4800 SCOTTSDALE RD SUITE 5500
SCOTTSDALE, AZ 85260
* $ 10,000,000 3 $ 384,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 3 $ 429,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 3 $ 619,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 2 $ 181,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 2 $ 221,000
First Credit Union
25 SOUTH ARIZONA PLACE, SUITE 111
CHANDLER, AZ 85225
* $ 427,866,000 2 $ 333,000
Unison Bank
PO BOX 2056
JAMESTOWN, ND 58401
* $ 266,241,000 2 $ 154,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 348,291,098,000 2 $ 166,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ 10,000,000 2 $ 235,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,649,486,000 2 $ 395,000
Washington Federal
425 PIKE ST
SEATTLE, WA 98101
* $ 14,694,047,000 2 $ 400,000
Pivot Financial Partners, Inc
5935 S ZANG ST., STE 220
LITTLETON, CO 80120
* $ 2,800,000 2 $ 216,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 2 $ 279,000
Mountain America Federal Credit Union
7181 SOUTH CAMPUS VIEW DRIVE
SANDY, UT 84091
* $ 5,077,887,000 2 $ 120,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 2 $ 279,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 318,361,000 2 $ 367,000
Lhm Financial Corporation
7025 E GREENWAY PARKWAY SUITE 100
PHOENIX, AZ 85254
* $ 10,000,000 2 $ 147,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 2 $ 374,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 2 $ 322,000
Cornerstone Home Lending, Inc.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ 57,509,481,000 1 $ 118,000
Kondaur Capital Corporation
333 S ANITA DR STE 400
ORANGE, CA 92868
* $ 54,713,000 1 $ 134,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 1 $ 199,000
Hightechlending, Inc
2030 MAIN ST 350
IRVINE, CA 92614
* $ 10,000,000 1 $ 71,000
Castle & Cooke Mortgage, LLC
13751 S WADSWORTH PARK DRIVE, STE 101
DRAPER, UT 84020
* $ 10,000,000 1 $ 130,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 50,000
Sun American Mortgage Company
4140 E. BASELINE RD., #206
MESA, AZ 85206
* $ 10,000,000 1 $ 92,000
Johnson Bank
555 MAIN STREET SUITE 490
RACINE, WI 53403
* $ 4,173,696,000 1 $ 295,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ 1,603,436,000 1 $ 60,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 1 $ 73,000
Mycumortgage
3560 PENTAGON BLVD. SUITE 301
BEAVERCREEK, OH 45431
* $ 1,159,238,000 1 $ 122,000
Intelliloan, Inc.
4 PARK PLAZA SUITE 800
IRVINE, CA 92614
* $ 10,000,000 1 $ 155,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 1 $ 365,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 1 $ 188,000
New West Lending, Inc.
7310 N. 16TH STREET, #170
PHOENIX, AZ 85020
* $ 10,000,000 1 $ 161,000
Homestreet Bank
601 UNION STREET 2000 TWO UNION SQUARE
SEATTLE, WA 98101
* $ 4,873,033,000 1 $ 140,000
Ideal Home Loans LLC
2679 WEST MAIN STREET SUITE 300-338
LITTLETON, CO 80120
* $ 7,717,000 1 $ 151,000
Centennial Lending, LLC
4112 KODIAK COURT, UNIT D
FIRESTONE, CO 80504
* $ 3,406,000,000 1 $ 36,000
Ranlife, Inc.
9272 S. 700 E.
SANDY, UT 84070
* $ 3,304,000 1 $ 152,000
Skyline Financial Corp.
27001 AGOURA ROAD STE. 350
CALABASAS, CA 91301
* $ 10,000,000 1 $ 82,000
Mortgage Capital Associates, Inc.
11150 W OYMPIC BLVD. STE. 1160
LOS ANGELES, CA 90064
* $ 10,000,000 1 $ 130,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ 4,993,000 1 $ 349,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 1 $ 400,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ 603,000 1 $ 104,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ 4,464,000 1 $ 104,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 1 $ 157,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 1 $ 70,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 1 $ 165,000
Securitynational Mortgage Company
5300 SOUTH 360 WEST
SALT LAKE CITY, UT 84123
* $ 10,000,000 1 $ 125,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 1 $ 10,000
BBVA USA
15 SOUTH 20TH ST
BIRMINGHAM, AL 35233
* $ 85,426,845,000 1 $ 180,000
A. E. A. Federal Credit Union
1780 S 1ST AVENUE
YUMA, AZ 85364
* $ 255,898,000 1 $ 122,000
Bank of New Mexico
PO BOX 1088
GRANTS, NM 87020
* $ 161,710,000 1 $ 5,000
Central Willamette Credit Union
7101 SUPRA DR SW
ALBANY, OR 97321
* $ 244,147,000 1 $ 118,000
The Northern Trust Co
50 S. LA SALLE
CHICAGO, IL 60603
* $ 116,390,764,000 1 $ 200,000
Suburban Mortgage, Inc.
7500 N DREAMY DRAW DRIVE, STE 110
PHOENIX, AZ 85020
* $ 100,000,000 1 $ 137,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,764,654,000 1 $ 96,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,580,860,000 1 $ 170,000
Amegy Mortgage Company, L.L.C.
4576 RESEARCH FOREST DRIVE
THE WOODLANDS, TX 77381
* $ 31,000,000 1 $ 47,000
Altier Credit Union
1650 S. PRIEST DRIVE
TEMPE, AZ 85281
* $ 182,888,000 1 $ 5,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 1 $ 143,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 18,900,720,000 1 $ 152,000
Vantage West Credit Union
2480 N ARCADIA AVE
TUCSON, AZ 85712
* $ 1,583,734,000 1 $ 176,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 92,000
Loanstar Home Loans, LLC dba Loanstar Home Lending
9020 SW WASHINGTON SQUARE RD SUITE 350
PORTLAND, OR 97223
* $ 59,259,000 1 $ 181,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 175,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ 5,889,539,000 1 $ 290,000
First Colony Mortgage Corporat
500 EAST PARK AVENUE SUITE 900
OREM, UT 84097
* $ 10,000,000 1 $ 286,000
Four Corners Community Bank
500 W MAIN ST STE 101
FARMINGTON, NM 87401
* $ 306,762,000 1 $ 20,000
1st Bank Yuma
2799 S 4TH AVENUE
YUMA, AZ 85364
* $ 262,105,000 1 $ 48,000
Forbright Bank
6701 DEMOCRACY BLVD, SUITE 400
CHEVY CHASE, MD 20815
* $ 504,343,000 1 $ 230,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 1 $ 154,000
Great Plains National Bank
5909 NW EXPRESSWAY
ELK CITY, OK 73644
* $ 554,698,000 1 $ 220,000

The tables below break down 2016 mortgage applications in Apache County, AZ by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Apache County, AZ in 2016

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 625 $70,918,000 $113,000 $450,000 $68,000 $1,626,000
Refinancing 450 $64,810,000 $144,000 $625,000 $74,000 $6,456,000
Home Improvement 186 $4,674,000 $25,000 $520,000 $43,000 $685,000

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 644 $91,472,000 $142,000 $625,000 $86,000 $6,456,000
American Indian or Alaskan Native 377 $20,288,000 $53,000 $292,000 $44,000 $245,000
Not Provided 98 $11,520,000 $117,000 $362,000 $59,000 $180,000
Hispanic 68 $7,508,000 $110,000 $245,000 $55,000 $178,000
Not applicable 62 $8,758,000 $141,000 $356,000 $19,000 $155,000
Native Hawaiin or Other Pacific Islander 7 $190,000 $27,000 $66,000 $32,000 $47,000
Black or African American 3 $427,000 $142,000 $284,000 $61,000 $80,000
Asian 2 $239,000 $119,000 $150,000 $74,000 $129,000

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) 928 $92,508,000 $99,000 $520,000 $75,000 $6,456,000
FHA-insured (Federal Housing Administration) 185 $26,119,000 $141,000 $305,000 $40,000 $245,000
VA-guaranteed (Veterans Administration) 111 $17,529,000 $157,000 $625,000 $46,000 $200,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 37 $4,246,000 $114,000 $170,000 $34,000 $77,000

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
Application Denied By Financial Institution 480 $38,817,000 $80,000 $625,000 $48,000 $631,000
Loan Originated 397 $53,630,000 $135,000 $409,000 $89,000 $6,456,000
Application Withdrawn By Applicant 143 $20,044,000 $140,000 $520,000 $86,000 $720,000
File Closed For Incompleteness 118 $10,448,000 $88,000 $266,000 $56,000 $200,000
Loan Purchased By The Institution 91 $13,530,000 $148,000 $374,000 $39,000 $250,000
Application Approved But Not Accepted 32 $3,933,000 $122,000 $450,000 $81,000 $374,000
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
Credit History 131 $2,776,000 $21,000 $235,000 $38,000 $224,000
Debt-To-Income Ratio 43 $3,572,000 $83,000 $284,000 $37,000 $135,000
Collateral 38 $5,195,000 $136,000 $362,000 $74,000 $157,000
Other 20 $1,805,000 $90,000 $351,000 $46,000 $150,000
Credit Application Incomplete 11 $1,546,000 $140,000 $315,000 $67,000 $120,000
Unverifiable Information 4 $548,000 $137,000 $285,000 $55,000 $106,000
Mortgage Insurance Denied 2 $183,000 $91,000 $113,000 $42,000 $52,000
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 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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