Ashland County, WI Mortgage Lenders & HMDA Data, 2020

In 2020, lenders reported 799 mortgage applications in Ashland County, WI totaling $103.2 million, up 22% from 2019. The average application was for $129,000, and applicants reported an average income of $87,000. 63% of applications resulted in an originated loan and 17% were denied. The most active lender was Superior Choice Credit Union, with 96 applications, followed by Northern State Bank and Associated Bank NA.

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Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in Wisconsin.
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 799
Total Mortgage Loan Application Amount $103,195,000
Average Mortgage Loan Application Amount $129,000
Highest Mortgage Loan Application Amount $895,000
Average Applicant Income $87,000
Highest Applicant Income $1,152,000

Mortgage Company List for Lending in Ashland County, WI for 2020

* 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
Superior Choice Credit Union
1320 GRAND AVENUE
SUPERIOR, WI 54880
* $ 493,429,000 96 $ 10,980,000
Northern State Bank

AURORA, MN 55705
* $ 241,921,000 82 $ 8,090,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 32,343,129,000 70 $ 6,820,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 137,588,093,000 40 $ 3,010,000
Forward Bank
1001 N CENTRAL AVE
MARSHFIELD, WI 54449
* $ 593,817,000 36 $ 3,890,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,712,919,000,000 20 $ 2,670,000
Chippewa Valley Bank
15755 W COUNTY ROAD B
HAYWARD, WI 54843
* $ 452,156,000 20 $ 2,220,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 19 $ 2,375,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 14 $ 2,590,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 486,004,220,000 13 $ 1,985,000
Bremer Bank NA
372 SAINT PETER STREET
SAINT PAUL, MN 55102
* $ 13,105,582,000 12 $ 1,540,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 10 $ 1,380,000
Bay Bank
2555 PACKERLAND DRIVE
GREEN BAY, WI 54313
* $ 108,303,000 10 $ 1,200,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 9 $ 1,435,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 9 $ 1,185,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 9 $ 1,425,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 8 $ 1,480,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 8 $ 1,140,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 7 $ 1,575,000
Peoples Bank Midwest
10583 MAIN STREET
HAYWARD, WI 54843
* $ 401,776,000 7 $ 2,125,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 7 $ 1,125,000
Marine Credit Union
811 MONITOR STREET
LA CROSSE, WI 54601
* $ 857,609,000 6 $ 840,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,337,646,000,000 6 $ 600,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 6 $ 750,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 112,384,202,000 6 $ 350,000
Inlanta Mortgage, Inc.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ -1,000 6 $ 770,000
National Bank of Commerce
1127 TOWER AVE
SUPERIOR, WI 54880
* $ 994,623,000 5 $ 1,375,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 5 $ 555,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 5 $ 765,000
Royal Credit Union
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54702
* $ 2,837,926,000 4 $ 330,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 4 $ 1,140,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 88,826,789,000 4 $ 690,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 4 $ 590,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 4 $ 650,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 6,492,180,000 4 $ 410,000
Johnson Bank
555 MAIN STREET SUITE 490
RACINE, WI 53403
* $ 5,209,882,000 4 $ 1,270,000
Flagstar Bank NA

TROY, MI 49098
* $ 23,234,514,000 3 $ 415,000
Prevail Bank
675 E BROADWAY AVE
MEDFORD, WI 54451
* $ 808,158,000 3 $ 325,000
Summit Credit Union
PO BOX 8046
COTTAGE GROVE, WI 53527
* $ 3,689,604,000 3 $ 415,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 464,504,000 3 $ 275,000
Uw Credit Union
3500 UNIVERSITY AVE
MADISON, WI 53717
* $ 3,331,481,000 3 $ 405,000
Mortgages Unlimited Inc.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ -1,000 3 $ 465,000
Security State Bank
PO BOX 157
IRON RIVER, WI 54847
* $ 103,793,000 3 $ 325,000
Covantage Credit Union
723 6TH AVE, PO BOX 107
ANTIGO, WI 54409
* $ 1,905,407,000 3 $ 75,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 3 $ 245,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 3 $ 355,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 2 $ 220,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 2 $ 190,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 2 $ 360,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 2 $ 90,000
Security Bank
PO BOX 278
NEW AUBURN, WI 54757
* $ 118,336,000 2 $ 350,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 2 $ 250,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,852,983,000,000 2 $ 330,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 2 $ 370,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 2 $ 460,000
Cambria Financial Group
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ -1,000 2 $ 590,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 2 $ 370,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 2 $ 260,000
North Shore Bank of Commerce
131 WEST SUPERIOR STREET
DULUTH, MN 55802
* $ 286,645,000 2 $ 310,000
Members Cooperative Credit Union
4628 MIKE COLALILLO DR
DULUTH, MN 55816
* $ 796,073,000 2 $ 70,000
Peoples State Bank of Plainview
100 4TH AVE SE
PLAINVIEW, MN 55964
* $ 285,061,000 2 $ 90,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 111,986,078,000 2 $ 150,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 2 $ 330,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 2 $ 190,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 313,272,000 2 $ 520,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ 2,354,874,000 2 $ 320,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 2 $ 150,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 2 $ 300,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 2 $ 260,000
Nicolet National Bank
111 N WASHINGTON ST
GREEN BAY, WI 54301
* $ 3,570,443,000 2 $ 380,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 2 $ 80,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 390,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 1 $ 115,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 105,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 1 $ 275,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 95,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 2,177,570,000 1 $ 55,000
Dupaco Community Credit Union
PO BOX 179
DUBUQUE, IA 52004
* $ 1,888,189,000 1 $ 165,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 833,228,000 1 $ 325,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 1 $ 65,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 604,528,000 1 $ 165,000
Community First Credit Union
1575 DRESANG WAY
NEENAH, WI 54956
* $ 3,412,023,000 1 $ 195,000
Iberiabank
285 WEST ESPLANADE AVENUE, 2ND FLOOR
KENNER, LA 70065
* $ 31,614,914,000 1 $ 145,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 1 $ 125,000
Ally Bank

CHARLOTTE, NC 28202
* $ 167,492,000,000 1 $ 95,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ -1,000 1 $ 205,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 115,000
Landmark Credit Union
5445 S. WESTRIDGE DR.
BROOKFIELD, WI 53005
* $ 4,463,283,000 1 $ 105,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 2,488,033,000 1 $ 15,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 1 $ 115,000
Total Mortgage Services, LLC
185 PLAINS ROAD
MILFORD, CT 06461
* $ -1,000 1 $ 215,000
Badger Bank
220 GRANT ST/PO BOX 26
FORT ATKINSON, WI 53538
* $ 136,705,000 1 $ 75,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ -1,000 1 $ 445,000
Liberty Federal Credit Union
9520 ORMSBY STATION RD SUITE 20
LOUISVILLE, KY 40223
* $ 1,850,784,000 1 $ 175,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 1 $ 105,000
The Northwestern Bank
202 N. BRIDGE ST. PO BOX 49
CHIPPEWA FALLS, WI 54729
* $ 455,721,000 1 $ 175,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 1 $ 205,000
Northview Bank
510 MAIN STREET
SANDSTONE, MN 55072
* $ 327,028,000 1 $ 285,000
Winnebago Community Credit Union
567 E SNELL RD
OSHKOSH, WI 54901
* $ 121,113,000 1 $ 95,000
Citizens Equity First Credit U
5401 W DIRKSEN PKWY
PEORIA, IL 61607
* $ 6,258,523,000 1 $ 125,000
Results Mortgage, LLC
11200 WEST 78TH STREET, SUITE 50
EDEN PRAIRIE, MN 55344
* $ -1,000 1 $ 195,000
Dairy State Bank
16 S MAIN STREET
RICE LAKE, WI 54868
* $ 517,184,000 1 $ 195,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 75,000
N.E.W. Credit Union
301 JACKSON ST
OCONTO FALLS, WI 54154
* $ 112,768,000 1 $ 185,000
Crossbridge Community Bank
15 E WISCONSIN AVE
TOMAHAWK, WI 54487
* $ 151,363,000 1 $ 35,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 1 $ 195,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,131,130,000 1 $ 75,000
Security Financial Bank
212 W PROSPECT STREET
DURAND, WI 54736
* $ 501,272,000 1 $ 355,000
Agcountry Farm Credit Services, Flca
1900 44TH ST S - PO BOX 6020
FARGO, ND 58108
* $ -1,000 1 $ 165,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 397,703,264,000 1 $ 145,000
Amerifirst Financial, Inc.
1550 E. MCKELLIPS RD, SUITE 117
MESA, AZ 85203
* $ -1,000 1 $ 335,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 1 $ 195,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 1 $ 125,000
The Peoples Community Bank
222 W. COMMERCIAL ST., PO BOX 8
MAZOMANIE, WI 53560
* $ 300,778,000 1 $ 95,000
Altra Federal Credit Union
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ 1,668,081,000 1 $ 125,000
Heritage Credit Union
1212 HUXLEY STREET
MADISON, WI 53704
* $ 389,447,000 1 $ 105,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 41,950,721,000 1 $ 45,000
Citizens Community Federal N.A.
219 FAIRFAX STREET
ALTOONA, WI 54720
* $ 1,531,129,000 1 $ 65,000
Peoples State Bank
P O BOX 1686, 1905 STEWART AVE
WAUSAU, WI 54402
* $ 973,957,000 1 $ 25,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 1 $ 475,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,399,512,000 1 $ 85,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,432,105,000 1 $ 85,000
Texana Bank
124 E RUSH ST
LINDEN, TX 75563
* $ 217,610,000 1 $ 105,000
Tcf National Bank
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 46,627,366,000 1 $ 455,000
Think Mutual Bank
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,669,828,000 1 $ 145,000
Bridgewater Bank
4450 EXCELSIOR BOULEVARD
ST. LOUIS PARK, MN 55416
* $ 2,263,871,000 1 $ 415,000
Horicon Bank
326 E LAKE ST, PO BOX 144
HORICON, WI 53032
* $ 883,530,000 1 $ 55,000
Verve, A Credit Union
2900 UNIVERSAL ST
OSHKOSH, WI 54904
* $ 999,726,000 1 $ 35,000
Incrediblebank
327 N 17TH AVE
WAUSAU, WI 54401
* $ 1,399,926,000 1 $ 305,000
Castle & Cooke Mortgage, LLC
13751 S WADSWORTH PARK DRIVE, STE 101
DRAPER, UT 84020
* $ -1,000 1 $ 105,000
Star Choice Credit Union
10750 FRANCE AVE S
BLOOMINGTON, MN 55431
* $ 64,237,000 1 $ 85,000
Abbybank
401 E SPRUCE STREET PO BOX 648
ABBOTSFORD, WI 54405
* $ 549,882,000 1 $ 115,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 125,000
Thumb Bank & Trust
7254 MICHIGAN AVE., P.O. BOX 560
PIGEON, MI 48755
* $ 274,254,000 1 $ 95,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 4,645,441,000 1 $ 15,000
Sauk Valley Bank & Trust Company
3319 E LINCOLNWAY
STERLING, IL 61081
* $ 451,426,000 1 $ 235,000
American Portfolio Mortgage Corporation
800 EAST NORTHWEST HIGHWAY
PALATINE, IL 60067
* $ -1,000 1 $ 115,000
Southpoint Financial Credit Union
924 MAIN STREET E
SLEEPY EYE, MN 56085
* $ 369,032,000 1 $ 125,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,708,246,000 1 $ 145,000
Liberty Home Mortgage Corp
4401 ROCKSIDE RD 310
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 105,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 1 $ 75,000

The tables below break down 2020 mortgage applications in Ashland County, WI by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Ashland County, WI in 2020

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 300 $41,530,000 $138,000 $895,000 $93,000 $731,000
Refinancing 284 $40,380,000 $142,000 $515,000 $85,000 $480,000
Cash-out Refinancing 128 $15,960,000 $124,000 $325,000 $81,000 $452,000
Other Purpose 42 $2,230,000 $53,000 $235,000 $68,000 $252,000
Home Improvement 37 $2,365,000 $63,000 $225,000 $94,000 $1,152,000
Not Applicable 8 $730,000 $91,000 $175,000 $0 $0

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 634 $81,710,000 $128,000 $895,000 $88,000 $1,152,000
Not Provided 71 $9,105,000 $128,000 $515,000 $95,000 $387,000
Not applicable 49 $7,175,000 $146,000 $885,000 $57,000 $100,000
American Indian or Alaskan Native 30 $3,780,000 $126,000 $265,000 $73,000 $156,000
Hispanic 9 $955,000 $106,000 $255,000 $56,000 $189,000
Asian 4 $320,000 $80,000 $125,000 $65,000 $175,000
Black or African American 2 $150,000 $75,000 $95,000 $51,000 $58,000
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) 658 $82,030,000 $124,000 $895,000 $91,000 $1,152,000
VA-guaranteed (Veterans Administration) 67 $11,605,000 $173,000 $395,000 $66,000 $138,000
FHA-insured (Federal Housing Administration) 51 $7,055,000 $138,000 $255,000 $52,000 $128,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 23 $2,505,000 $108,000 $195,000 $49,000 $73,000

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 504 $65,700,000 $130,000 $895,000 $89,000 $731,000
Application Denied By Financial Institution 133 $15,765,000 $118,000 $445,000 $83,000 $1,152,000
Application Withdrawn By Applicant 90 $12,050,000 $133,000 $365,000 $90,000 $380,000
Loan Purchased By The Institution 37 $4,875,000 $131,000 $265,000 $64,000 $104,000
File Closed For Incompleteness 20 $2,780,000 $139,000 $395,000 $86,000 $251,000
Application Approved But Not Accepted 15 $2,025,000 $135,000 $315,000 $74,000 $138,000
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 520 $71,230,000 $136,000 $895,000 $86,000 $404,000
Debt-To-Income Ratio 199 $23,135,000 $116,000 $885,000 $84,000 $731,000
Collateral 28 $2,700,000 $96,000 $295,000 $74,000 $160,000
Credit History 25 $2,035,000 $81,000 $195,000 $127,000 $1,152,000
Other 13 $2,055,000 $158,000 $295,000 $106,000 $192,000
Credit Application Incomplete 8 $1,300,000 $162,000 $285,000 $164,000 $480,000
Unverifiable Information 3 $385,000 $128,000 $175,000 $81,000 $145,000
Employment History 2 $260,000 $130,000 $225,000 $60,000 $101,000
Insufficient Cash (Downpayment, Closing Cost) 1 $95,000 $95,000 $95,000 $40,000 $40,000
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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