Bayfield County, WI Mortgage Lenders & HMDA Data, 2013

In 2013, lenders reported 1,099 mortgage applications in Bayfield County, WI totaling $158.1 million, down 18% from 2012. The average application was for $143,000, and applicants reported an average income of $102,000. 61% of applications resulted in an originated loan and 18% were denied. The most active lender was Associated Bank NA, with 133 applications, followed by Wells Fargo Bank NA and Bremer Bank NA (Menomonie).

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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 1,099
Total Mortgage Loan Application Amount $158,123,000
Average Mortgage Loan Application Amount $143,000
Highest Mortgage Loan Application Amount $1,540,000
Average Applicant Income $102,000
Highest Applicant Income $1,241,000

Mortgage Company List for Lending in Bayfield County, WI for 2013

* 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
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 23,260,580,000 133 $ 19,241,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,266,125,000,000 89 $ 14,542,000
Bremer Bank NA (Menomonie)
605 2ND ST
MENOMONIE, WI 54751
* $ 684,275,000 64 $ 6,327,000
Security State Bank
PO BOX 157
IRON RIVER, WI 54847
* $ 84,403,000 62 $ 8,691,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 95,264,963,000 61 $ 6,273,000
Chippewa Valley Bank
15755 W COUNTY ROAD B
HAYWARD, WI 54843
* $ 285,877,000 58 $ 7,371,000
Northern State Bank

AURORA, MN 55705
* $ 233,012,000 53 $ 3,899,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,896,773,000,000 50 $ 9,732,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 345,088,616,000 46 $ 9,023,000
Johnson Bank
555 MAIN STREET SUITE 490
RACINE, WI 53403
* $ 3,766,460,000 37 $ 6,690,000
Superior Choice Credit Union
1320 GRAND AVENUE
SUPERIOR, WI 54880
* $ 228,493,000 36 $ 3,277,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,474,077,383,000 22 $ 3,140,000
Peoples Bank Midwest
10583 MAIN STREET
HAYWARD, WI 54843
* $ 244,348,000 20 $ 3,034,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,313,401,000,000 19 $ 1,662,000
National Bank of Commerce
1127 TOWER AVE
SUPERIOR, WI 54880
* $ 525,286,000 14 $ 2,142,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 11 $ 2,297,000
Inlanta Mortgage, Inc.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ 39,000,000 10 $ 1,418,000
Bank Mutual
4949 W BROWN DEER RD
MILWAUKEE, WI 53224
* $ 2,416,245,000 10 $ 1,453,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,603,153,000 9 $ 1,754,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 9 $ 1,270,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 58,597,476,000 9 $ 1,114,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 9 $ 789,000
Discover Home Loans, Inc.
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 73,491,315,000 8 $ 1,093,000
Westconsin Credit Union
444 BROADWAY
MENOMONIE, WI 54751
* $ 825,262,000 8 $ 1,013,000
Superior Savings Bank
1130 TOWER AVE
SUPERIOR, WI 54880
* $ 65,673,000 7 $ 1,279,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 2,608,821,000 7 $ 1,736,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ 35,475,880,000 7 $ 848,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 6 $ 702,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 6 $ 792,000
Royal Credit Union
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54702
* $ 1,295,129,000 6 $ 569,000
Flagstar Bank NA

TROY, MI 49098
* $ 14,069,057,000 5 $ 861,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 270,671,000 5 $ 646,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ 1,315,127,000 4 $ 1,069,000
Residential Finance Corporatio
1 EASTON OVAL #400
COLUMBUS, OH 43219
* $ 17,533,484,000 4 $ 451,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,105,077,000 4 $ 430,000
Covantage Credit Union
723 6TH AVE, PO BOX 107
ANTIGO, WI 54409
* $ 1,045,769,000 4 $ 290,000
Uw Credit Union
3500 UNIVERSITY AVE
MADISON, WI 53717
* $ 1,611,961,000 4 $ 637,000
Summit Credit Union
PO BOX 8046
COTTAGE GROVE, WI 53527
* $ 1,886,824,000 3 $ 400,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 178,034,172,000 3 $ 588,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 295,026,390,000 3 $ 283,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 3 $ 447,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ 1,603,436,000 3 $ 682,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 3 $ 439,000
Marketplace Home Mortgage, LLC
7380 FRANCE AVE S, STE 200
EDINA, MN 55435
* $ 34,593,007,000 3 $ 469,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ 10,000,000 3 $ 409,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 3 $ 817,000
Chicago Mortgage Solutions LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ 10,000,000 3 $ 570,000
Firefly
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 896,134,000 3 $ 229,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 3 $ 549,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 3 $ 165,000
Gfs Capital
6499 HAVENWOOD CIRCLE
HUNTINGTON BEACH, CA 92648
* $ 10,000,000 3 $ 324,000
Bremer Bank, NA
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 2,833,358,000 3 $ 1,252,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 3 $ 228,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 2 $ 180,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,460,729,000 2 $ 541,000
Lake Ridge Bank
1205 MAIN STREET
MONONA, WI 53713
* $ 812,041,000 2 $ 303,000
Eastwood Bank
5125 HWY 52 N
ROCHESTER, MN 55901
* $ 574,497,000 2 $ 754,000
Spire Credit Union
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ 582,480,000 2 $ 151,000
Hiway Credit Union
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 882,991,000 2 $ 207,000
Nxt Bank
320 3RD ST SE
CEDAR RAPIDS, IA 52401
* $ 153,409,000 2 $ 343,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 478,049,000 2 $ 117,000
National Bank of Kansas City
10700 NALL AVENUE
OVERLAND PARK, KS 66211
* $ 627,435,000 2 $ 642,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 2 $ 299,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ 52,388,000 2 $ 240,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 2 $ 557,000
Citizens Community Federal
2174 EASTRIDGE CENTER
EAU CLAIRE, WI 54701
* $ 534,533,000 2 $ 336,000
Anchorbank FSB
25 WEST MAIN STREET
MADISON, WI 53703
* $ 2,413,158,000 2 $ 239,000
Banc of California, NA
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 1,369,414,000 2 $ 401,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 2 $ 221,000
American Equity Mortgage, Inc.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 2 $ 313,000
Gateway Funding Dms, LP
300 WELSH ROAD, BUILDING 5
HORSHAM, PA 19044
* $ 10,000,000 2 $ 184,000
Ks Statebank
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 962,277,000 2 $ 364,000
North Shore Bank of Commerce
131 WEST SUPERIOR STREET
DULUTH, MN 55802
* $ 236,603,000 2 $ 277,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 2 $ 227,000
Prospect Mortgage, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 2 $ 462,000
BNY Mellon, N.A.

BOSTON, MA 02108
* $ 16,894,270,000 2 $ 1,006,000
Central Bank
2270 FRONTAGE RD WEST
STILLWATER, MN 55082
* $ 1,206,561,000 2 $ 281,000
Kleinbank
301 CHESTNUT ST
CHASKA, MN 55318
* $ 1,653,311,000 2 $ 834,000
Homeservices Lending, LLC
2700 WESTOWN PARKWAY, SUITE 345
WEST DES MOINES, IA 50266
* $ 25,000,000 2 $ 242,000
Military Family Home Loans, Ll
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 1,102,281,049,000 1 $ 87,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 169,076,807,000 1 $ 417,000
First Merchants Bank, NA
200 E. JACKSON ST.
MUNCIE, IN 47305
* $ 4,285,219,000 1 $ 103,000
Fortifi Bank
140 W. HURON ST/PO BOX 310
BERILN, WI 54923
* $ 308,820,000 1 $ 65,000
Woodtrust Bank, N.A.
181 2ND ST S, PO BOX 8000
WISCONSIN RAPIDS, WI 54495
* $ 355,605,000 1 $ 705,000
Lake Area Bank
12790 FIRST AVE N - PO BOX 743
LINDSTROM, MN 55045
* $ 276,313,000 1 $ 150,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,553,174,000 1 $ 62,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 119,444,656,000 1 $ 147,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 1,778,826,000 1 $ 215,000
Farmers State Bank
181 MAIN ST
WEST CONCORD, MN 55985
* $ 47,224,000 1 $ 125,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 7,984,323,000 1 $ 65,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 94,795,926,000 1 $ 260,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 16,553,533,000 1 $ 142,000
Marine Credit Union
811 MONITOR STREET
LA CROSSE, WI 54601
* $ 414,584,000 1 $ 119,000
Firstmerit Bank NA
III CASCADE PLAZA - CAS46
AKRON, OH 44308
* $ 14,901,417,000 1 $ 72,000
Republic Mortgage Home Loans
5241 SOUTH STATE STREET, SUITE 2
MURRAY, UT 84107
* $ 10,000,000 1 $ 205,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 250,961,257,000 1 $ 100,000
First National Bank of Omaha
1620 DODGE STREET
OMAHA, NE 68197
* $ 14,500,067,000 1 $ 417,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 15,532,278,000 1 $ 192,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 52,436,123,000 1 $ 84,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 1 $ 118,000
Ntfn, Inc.
700 STATE HIGHWAY 121, SUITE 100
PLANO, TX 75067
* $ 10,000,000 1 $ 70,000
Peoples State Bank
P O BOX 1686, 1905 STEWART AVE
WAUSAU, WI 54402
* $ 710,807,000 1 $ 44,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 1 $ 122,000
Centris Federal Credit Union
11825 Q STREET
OMAHA, NE 68144
* $ 485,714,000 1 $ 5,000
Incrediblebank
327 N 17TH AVE
WAUSAU, WI 54401
* $ 995,980,000 1 $ 40,000
American Investors Bank and Mortgage
6385 OLD SHADY OAK ROAD, SUITE #110
EDEN PRAIRIE, MN 55344
* $ 95,674,000 1 $ 247,000
Calumet County Bank
103 N MAIN STREET
BRILLION, WI 54110
* $ 96,593,000 1 $ 130,000
Peoples Home Equity
5205 MARYLAND WAY SUITE 100
BRENTWOOD, TN 37027
* $ 1,065,000 1 $ 111,000
Liberty Savings Bank, FSB
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 552,370,000 1 $ 232,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 429,180,000 1 $ 154,000
Gateway Mortgage Corporation
1202 60TH STREET, P.O. BOX 10,
KENOSHA, WI 53141
* $ 10,000,000 1 $ 118,000
Lsi Mortgage Plus
6470 E JOHNS CROSSING STE 400
DULUTH, GA 30097
* $ 1,704,000 1 $ 161,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ 4,028,990,000 1 $ 83,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ 10,000,000 1 $ 179,000
Triumph Community Bank NA
2040 1ST STREET A
MOLINE, IL 61265
* $ 938,810,000 1 $ 72,000
Home Federal Bank
P.O. BOX 5000
SIOUX FALLS, SD 57117
* $ 1,215,738,000 1 $ 120,000
Harbor Pointe Credit Union
PO BOX 161558
DULUTH, MN 55802
* $ 82,360,000 1 $ 8,000
Members Cooperative Credit Union
4628 MIKE COLALILLO DR
DULUTH, MN 55816
* $ 349,821,000 1 $ 60,000
Mpecu
30 W SUPERIOR ST. STE. 126
DULUTH, MN 55802
* $ 85,082,000 1 $ 227,000
Integrity First Bank
101 GRAND AVE
WAUSAU, WI 54403
* $ 84,711,000 1 $ 38,000
Draper and Kramer Mortgage Corp.
1431 OPUS PLACE SUITE 200
WILMINGTON, DE 60515
* $ 10,000,000 1 $ 194,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 1 $ 91,000
Wisconsin Mortgage Corporation
PO BOX 942
BROOKFIELD, WI 53008
* $ 10,000,000 1 $ 137,000
Provincial Bank
PO BOX 459 20280 IBERIA AV
LAKEVILLE, MN 55044
* $ 76,882,000 1 $ 280,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 1 $ 120,000
Alliance Financial Resources
5410 EAST HIGH STREET SUITE 200
PHOENIX, AZ 85054
* $ 10,000,000 1 $ 68,000
Security Bank
PO BOX 278
NEW AUBURN, WI 54757
* $ 73,433,000 1 $ 86,000
First State Bank and Trust
950 N HWY
BAYPORT, MN 55003
* $ 212,030,000 1 $ 99,000
Valley Bank
3455 AVENUE OF THE CITIES
MOLINE, IL 61265
* $ 589,218,000 1 $ 285,000
Western National Bank
PO BOX 16050
DULUTH, MN 55816
* $ 129,133,000 1 $ 97,000
Blackhawk Bank
400 BROAD ST.
BELOIT, WI 53511
* $ 557,916,000 1 $ 417,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,281,268,000 1 $ 229,000
Hiawatha National Bank
N1555 770TH ST
HAGER CITY, WI 54014
* $ 110,617,000 1 $ 62,000
Tri City National Bank
6400 S 27TH ST
OAK CREEK, WI 53154
* $ 1,230,651,000 1 $ 167,000
Gateway Community Bank
5390 WILLIAMS DRIVE
ROSCOE, IL 61073
* $ 87,469,000 1 $ 495,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 1 $ 206,000
Cashcall, Inc.
1 CITY BLVD WEST SUITE 1000
ORANGE, CA 92868
* $ 10,000,000 1 $ 200,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 256,000
Acrisure Mortgage, LLC
189 S ORANGE AVE STE 970
ORLANDO, FL 32801
* $ 12,000,000 1 $ 250,000
Lend Smart Mortgage, LLC
3450 LEXINGTON AVE N
OAKDALE, MN 55126
* $ 2,304,353,000 1 $ 189,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 1 $ 118,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 1 $ 83,000
Generation Mortgage Company
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 1 $ 157,000
Consumer Loan Services, LLC
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 10,000,000 1 $ 108,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 1 $ 372,000

The tables below break down 2013 mortgage applications in Bayfield 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 Bayfield County, WI in 2013

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 737 $114,114,000 $154,000 $1,540,000 $103,000 $1,241,000
Home Purchase 255 $35,881,000 $140,000 $868,000 $114,000 $1,080,000
Home Improvement 107 $8,128,000 $75,000 $372,000 $68,000 $432,000

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 927 $132,555,000 $142,000 $1,540,000 $106,000 $1,241,000
Not Provided 73 $9,679,000 $132,000 $648,000 $108,000 $1,039,000
Not applicable 57 $10,789,000 $189,000 $1,450,000 $16,000 $265,000
American Indian or Alaskan Native 36 $4,260,000 $118,000 $417,000 $113,000 $768,000
Hispanic 4 $537,000 $134,000 $281,000 $159,000 $427,000
Asian 2 $303,000 $151,000 $167,000 $85,000 $122,000
Black or African American 0 $0 $0 $0 $0 $0
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) 982 $142,754,000 $145,000 $1,540,000 $110,000 $1,241,000
FHA-insured (Federal Housing Administration) 67 $7,788,000 $116,000 $276,000 $35,000 $118,000
VA-guaranteed (Veterans Administration) 37 $6,160,000 $166,000 $271,000 $51,000 $114,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 13 $1,421,000 $109,000 $144,000 $39,000 $55,000

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 675 $98,148,000 $145,000 $1,540,000 $113,000 $1,160,000
Application Denied By Financial Institution 198 $27,099,000 $136,000 $705,000 $80,000 $1,241,000
Loan Purchased By The Institution 100 $15,553,000 $155,000 $417,000 $82,000 $659,000
Application Withdrawn By Applicant 72 $10,197,000 $141,000 $417,000 $74,000 $768,000
Application Approved But Not Accepted 36 $4,334,000 $120,000 $645,000 $88,000 $874,000
File Closed For Incompleteness 18 $2,792,000 $155,000 $385,000 $188,000 $779,000
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 57 $8,439,000 $148,000 $647,000 $123,000 $1,241,000
Credit History 39 $3,881,000 $99,000 $271,000 $49,000 $177,000
Debt-To-Income Ratio 34 $4,931,000 $145,000 $705,000 $55,000 $176,000
Other 13 $1,749,000 $134,000 $377,000 $104,000 $432,000
Unverifiable Information 7 $501,000 $71,000 $135,000 $87,000 $220,000
Insufficient Cash (Downpayment, Closing Cost) 6 $1,199,000 $199,000 $417,000 $102,000 $209,000
Employment History 4 $283,000 $70,000 $90,000 $28,000 $44,000
Credit Application Incomplete 1 $273,000 $273,000 $273,000 $134,000 $134,000
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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