Arthur County, NE Mortgage Lenders & HMDA Data, 2006

In 2006, lenders reported 7 mortgage applications in Arthur County, NE totaling $503,000, down 12% from 2005. The average application was for $71,000, and applicants reported an average income of $36,000. 57% of applications resulted in an originated loan and 43% were denied. The most active lender was Pinnacle Bank, with 2 applications, followed by Wells Fargo Fin'l Nebraska,Inc and Adams Bank & Trust.

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Total Number of Mortgage Applications 7
Total Mortgage Loan Application Amount $503,000
Average Mortgage Loan Application Amount $71,000
Highest Mortgage Loan Application Amount $230,000
Average Applicant Income $36,000
Highest Applicant Income $44,000
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Top Mortgage Lenders in Arthur County, NE (2006)

Ranked by the number of mortgage applications each lender reported in Arthur County, NE in 2006.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Pinnacle Bank
Lincoln, NE
2 $271,000 $135,000 $41,000
2 Wells Fargo Fin'l Nebraska,Inc
Des Moines, IA
2 $110,000 $55,000 $42,000
3 Adams Bank & Trust
Ogallala, NE
1 $40,000 $40,000 $29,000
4 Wells Fargo Bank, NA
Des Moines, IA
1 $50,000 $50,000 $41,000
5 US Bank North Dakota
Milwaukee, WI
1 $32,000 $32,000 $21,000

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The tables below break down 2006 mortgage applications in Arthur County, NE by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Arthur County, NE in 2006

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 4 $380,000 $95,000 $230,000 $38,000 $42,000
Home Improvement 2 $91,000 $45,000 $50,000 $42,000 $44,000
Home Purchase 1 $32,000 $32,000 $32,000 $21,000 $21,000

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 7 $503,000 $71,000 $230,000 $36,000 $44,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Not Provided 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) 7 $503,000 $71,000 $230,000 $36,000 $44,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

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 4 $387,000 $96,000 $230,000 $36,000 $44,000
Application Denied By Financial Institution 3 $116,000 $38,000 $50,000 $37,000 $42,000
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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
Other 1 $50,000 $50,000 $50,000 $41,000 $41,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
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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