Boone County, IA Mortgage Lenders & HMDA Data, 2021

In 2021, lenders reported 1,946 mortgage applications in Boone County, IA totaling $329.0 million, up 3% from 2020. The average application was for $169,000, and applicants reported an average income of $86,000. 63% of applications resulted in an originated loan and 11% were denied. The most active lender was Iowa Bankers Mortgage Corporation, with 148 applications, followed by US Bank, N.A. and Visionbank of Iowa.

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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 1,946
Total Mortgage Loan Application Amount $329,015,000
Average Mortgage Loan Application Amount $169,000
Highest Mortgage Loan Application Amount $18,875,000
Average Applicant Income $86,000
Highest Applicant Income $2,700,000

Mortgage Company List for Lending in Boone County, IA for 2021

* 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
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 148 $ 27,330,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 125 $ 24,825,000
Visionbank of Iowa
104 CHESTNUT ST
AMES, IA 50010
* $ 541,944,000 81 $ 13,545,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,747,398,000,000 79 $ 12,425,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 4,348,222,000 70 $ 6,830,000
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ 5,757,174,000 68 $ 10,220,000
Inlanta Mortgage, Inc.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ -1,000 54 $ 8,080,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 53 $ 7,925,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 49 $ 7,705,000
Peoples Bank
12701 UNIVERSITY AVE
CLIVE, IA 50325
* $ 341,175,000 45 $ 5,505,000
Gershman Investment Corp.
16253 SWINGLEY RIDGE ROAD, SUITE 400
CHESTERFIELD, MO 63017
* $ -1,000 42 $ 4,980,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 38 $ 5,860,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 92,968,547,000 37 $ 2,935,000
Greater Iowa Credit Union
801 LINCOLN WAY
AMES, IA 50010
* $ 537,721,000 37 $ 4,575,000
Members1st Community Credit Union
910 S 12TH AVE,PO BOX 777
MARSHALLTOWN, IA 50158
* $ 177,734,000 33 $ 4,855,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 31 $ 5,675,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 29 $ 4,325,000
Luana Savings Bank
100 HARVEST DRIVE
LUANA, IA 52156
* $ 1,523,369,000 29 $ 6,575,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 29 $ 3,915,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 26 $ 3,890,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 24 $ 3,370,000
United Bank of Iowa
501 SECOND STREET
IDA GROVE, IA 51445
* $ 1,742,636,000 23 $ 2,825,000
Northwest Bank
705 GRAND AVE.
SPENCER, IA 51301
* $ 1,688,814,000 23 $ 3,785,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 21 $ 4,395,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 20 $ 1,030,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 19 $ 2,835,000
Lincoln Savings Bank
301 WASHINGTON ST
REINBECK, IA 50669
* $ 1,371,963,000 18 $ 2,850,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 18 $ 3,440,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 16 $ 2,990,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 16 $ 2,620,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 15 $ 1,785,000
Great Western Bank
225 S MAIN AVE
SIOUX FALLS, SD 57104
* $ 12,848,070,000 15 $ 2,215,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 15 $ 2,735,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 14 $ 2,850,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 14 $ 2,085,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 13 $ 1,905,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 12 $ 1,950,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 12 $ 2,090,000
First National Bank Ames Iowa
405 5TH ST
AMES, IA 50010
* $ 913,271,000 12 $ 2,840,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 11 $ 1,825,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 11 $ 1,925,000
Community Choice Credit Union
1351 NW 114TH ST, P.O. BOX 71247
JOHNSTON, IA 50131
* $ 550,225,000 11 $ 1,235,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 10 $ 1,330,000
Fidelity Bank
177 S JORDAN CREEK PKWY
WEST DES MOINES, IA 50266
* $ 85,216,000 10 $ 1,770,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 10 $ 1,840,000
Midwest Heritage Bank FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ 285,828,000 9 $ 1,585,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 9 $ 1,665,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 8 $ 2,540,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,131,130,000 8 $ 19,870,000
Oxford Bank & Trust
1111 W. 22ND STREET #800
OAK BROOK, IL 60523
* $ 614,673,000 8 $ 430,000
Raccoon Valley Bank
1202 SECOND
PERRY, IA 50220
* $ 304,873,000 8 $ 910,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 8 $ 2,230,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 7 $ 1,245,000
Availa Bank
126 W 6TH ST
CARROLL, IA 51401
* $ 1,083,734,000 7 $ 665,000
Chickasaw Community Bank
909 S MERIDIAN AVE
OKLAHOMA CITY, OK 73142
* $ 198,963,000 7 $ 1,575,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 7 $ 1,245,000
River Valley Credit Union
2811 E 13TH STREET
AMES, IA 50010
* $ 77,542,000 7 $ 605,000
Bankers Trust Company
453 7TH ST.
DES MOINES, IA 50309
* $ 4,981,719,000 6 $ 1,170,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 6 $ 1,110,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 6 $ 840,000
I H Mississippi Valley Credit Union
2121 47TH STREET
MOLINE, IL 61265
* $ 1,474,943,000 6 $ 1,090,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 6 $ 780,000
Fortress Bank
9000 N. KNOXVILLE AVENUE
PEORIA, IL 61615
* $ 473,977,000 5 $ 835,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 5 $ 1,075,000
Marine Credit Union
811 MONITOR STREET
LA CROSSE, WI 54601
* $ 857,609,000 5 $ 545,000
Sofi Lending Corp.
375 HEALDSBURG AVENUE, SUITE 280
SACRAMENTO, CA 95448
* $ -1,000 5 $ 1,365,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 5 $ 665,000
Homeservices Lending LLC
2900 100TH STREET SUITE 109
URBANDALE, IA 50322
* $ -1,000 5 $ 935,000
Collins Community Credit Union
1150 42ND STREET NE
CEDAR RAPIDS, IA 52402
* $ 1,233,409,000 5 $ 955,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 5 $ 965,000
Bank Iowa
1150 JORDAN CREEK PARKWAY
WEST DES MOINES, IA 50266
* $ 1,391,958,000 4 $ 960,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 4 $ 1,180,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 4 $ 740,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 4 $ 440,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 4 $ 500,000
Premier Credit Union
800 9TH ST
DES MOINES, IA 50309
* $ 211,526,000 4 $ 1,020,000
Chicago Mortgage Solutions LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ -1,000 4 $ 610,000
West Gate Bank
6003 OLD CHENEY ROAD
LINCOLN, NE 68516
* $ 737,952,000 4 $ 910,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 604,528,000 4 $ 870,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 4 $ 770,000
Farmers State Bank
131 TOWER PARK DRIVE SUITE 100
WATERLOO, IA 50701
* $ 1,168,632,000 3 $ 545,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 3 $ 835,000
Dupaco Community Credit Union
PO BOX 179
DUBUQUE, IA 52004
* $ 1,888,189,000 3 $ 605,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 3 $ 395,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 3 $ 135,000
Central Bank
600 LAKE AVENUE
STORM LAKE, IA 50588
* $ 929,943,000 3 $ 785,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 3 $ 135,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 3 $ 375,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 707,275,000 3 $ 455,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 3 $ 515,000
The Central Trust Bank
238 MADISON ST.
JEFFERSON CITY, MO 65101
* $ 2,678,315,000 3 $ 505,000
Members Mortgage Services, LLC
200 E 1ST AVE
HUTCHINSON, KS 67501
* $ -1,000 3 $ 555,000
Amcap Mortgage, Ltd.
9999 BELLAIRE BLVD., SUITE 700
AUSTIN, TX 77036
* $ -1,000 3 $ 675,000
Premier Lending Alliance
8831THOMAS AVE. SUITE 100
JOHNSTON, IA 50131
* $ -1,000 3 $ 465,000
Nqm Funding, LLC
E, 4800 N FEDERAL HWY #200
BOCA RATON, FL 33431
* $ -1,000 2 $ 540,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 2 $ 240,000
Flat Branch Mortgage, Inc.
101 S. FIFTH STREET, STE 200
COLUMBIA, MO 65201
* $ -1,000 2 $ 380,000
Ally Bank

CHARLOTTE, NC 28202
* $ 167,492,000,000 2 $ 310,000
Serve Credit Union
423 E COURT AVE
DES MOINES, IA 50309
* $ 75,147,000 2 $ 190,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 2 $ 530,000
Compass Mortgage, Inc.
27755 DIEHL ROAD, STE 100
WARRENVILLE, IL 60555
* $ -1,000 2 $ 270,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 2 $ 350,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 2,186,056,000 2 $ 490,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 313,272,000 2 $ 340,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 1,498,327,000 2 $ 240,000
Corda Credit Union
3015 BLAIRS FERRY RD NE
CEDAR RAPIDS, IA 52402
* $ 468,083,000 2 $ 380,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 2 $ 390,000
Gnb Bank
529 G AVENUE
GRUNDY CENTER, IA 50638
* $ 549,831,000 2 $ 170,000
Ixonia Bank
W1046 MARIETTA AVE
IXONIA, WI 53036
* $ 389,451,000 2 $ 380,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 24,774,361,000 2 $ 160,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 2 $ 430,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 2 $ 290,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 2 $ 180,000
Frontier Financial, Inc. dba Frontier Mortgage
16647 CHESTERFIELD GROVE ROAD, SUITE 100
CHESTERFIELD, MO 63005
* $ -1,000 1 $ 105,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 1 $ 95,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 7,658,628,000 1 $ 165,000
Lakeview Community Capital
4425 PONE DE LEON BLVD, MS 5-251
CORAL GABLES, FL 33146
* $ -1,000 1 $ 255,000
Nationwide Mortgage Bankers, Inc.

MELVILLE, NY 11747
* $ -1,000 1 $ 215,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 1 $ 165,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ -1,000 1 $ 325,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 123,325,220,000 1 $ 135,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,432,105,000 1 $ 115,000
Capitol Federal Savings Bank
700 S KANSAS AVE
TOPEKA, KS 66603
* $ 9,255,666,000 1 $ 205,000
Homestead Funding Corp.
8 AIRLINE DRIVE
ALBANY, NY 12205
* $ -1,000 1 $ 505,000
Bank Midwest
1525 18TH STREET SUITE 100
SPIRIT LAKE, IA 51360
* $ 948,772,000 1 $ 125,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 1 $ 205,000
Mms Mortgage Services, Ltd.
38275 TWELVE MILE RD., SUITE 100
FARMINGTON HILLS, MI 48331
* $ -1,000 1 $ 135,000
First Premier Bank
400 S SYCAMORE AVE, SUITE 101
SIOUX FALLS, SD 57104
* $ 2,041,578,000 1 $ 95,000
First Home Bank
9190 SEMINOLE BLVD
SEMINOLE, FL 33772
* $ 531,151,000 1 $ 255,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 1 $ 155,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 1 $ 145,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ 1,289,704,000 1 $ 165,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,384,707,000,000 1 $ 65,000
Home Mortgage Alliance Corp (Hmac)
4 HUTTON CENTER DR. SUITE 500
SANTA ANA, CA 92707
* $ -1,000 1 $ 135,000
Angel Oak Mortgage Solutions LLC
980 HAMMOND DRIVE, SUITE 850
ATLANTA, GA 30328
* $ -1,000 1 $ 255,000
The Family Credit Union
1530 W 53RD STREET
DAVENPORT, IA 52806
* $ 169,383,000 1 $ 55,000
Mission Loans, LLC

IRVINE, CA 92612
* $ -1,000 1 $ 165,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 1 $ 205,000
First National Bank of Omaha
1620 DODGE STREET
OMAHA, NE 68197
* $ 22,555,038,000 1 $ 315,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 165,000
Acrisure Mortgage, LLC
189 S ORANGE AVE STE 970
ORLANDO, FL 32801
* $ -1,000 1 $ 295,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 1 $ 125,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 135,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 1 $ 205,000
Paramount Bank
90 VILLAGE SQUARE SHOPPING CENTER
HAZELWOOD, MO 63042
* $ 104,250,000 1 $ 135,000
Delmar Financial Company
1066 EXECUTIVE PARKWAY SUITE 100
ST LOUIS, MO 63141
* $ -1,000 1 $ 255,000
Cedar Falls Community Credit Union
123 W 4TH ST
CEDAR FALLS, IA 50613
* $ 127,148,000 1 $ 135,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 375,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 1 $ 205,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 1 $ 265,000
Liberty Savings Bank, FSB
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 700,768,000 1 $ 215,000
First International Bank & Trust
1600 S BDWAY
MINOT, ND 58701
* $ 3,466,051,000 1 $ 135,000
Finance of America Commercial LLC
6230 FAIRVIEW ROAD, SUITE 300
CHARLOTTE, NC 28210
* $ -1,000 1 $ 95,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ -1,000 1 $ 155,000
Capital Bank, N.A.
ONE CHURCH ST SUITE 300
ROCKVILLE, MD 20850
* $ 1,396,934,000 1 $ 235,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 105,000
Great Southern Bank
218 S GLENSTONE AVE
SPRINGFIELD, MO 65802
* $ 5,014,991,000 1 $ 145,000
Aim Credit Union
1200 ASSOCIATES DR STE 102
DUBUQUE, IA 52002
* $ 130,499,000 1 $ 185,000

The tables below break down 2021 mortgage applications in Boone County, IA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Boone County, IA in 2021

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 716 $132,570,000 $185,000 $18,875,000 $93,000 $2,700,000
Home Purchase 691 $122,920,000 $178,000 $5,405,000 $77,000 $509,000
Cash-out Refinancing 396 $65,000,000 $164,000 $545,000 $88,000 $381,000
Home Improvement 71 $3,785,000 $53,000 $285,000 $91,000 $291,000
Other Purpose 55 $3,255,000 $59,000 $245,000 $97,000 $321,000
Not Applicable 17 $1,485,000 $87,000 $165,000 $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 1,496 $250,490,000 $167,000 $18,875,000 $87,000 $2,700,000
Not Provided 221 $37,125,000 $167,000 $645,000 $81,000 $290,000
Not applicable 191 $33,810,000 $177,000 $5,405,000 $54,000 $65,000
Hispanic 21 $3,615,000 $172,000 $325,000 $65,000 $103,000
American Indian or Alaskan Native 8 $2,060,000 $257,000 $455,000 $128,000 $241,000
Black or African American 4 $660,000 $165,000 $225,000 $52,000 $87,000
Asian 2 $590,000 $295,000 $335,000 $90,000 $122,000
Native Hawaiian or Other Pacific Islander 2 $400,000 $200,000 $225,000 $41,000 $41,000

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) 1,417 $246,130,000 $173,000 $18,875,000 $94,000 $2,700,000
FHA-insured (Federal Housing Administration) 249 $35,465,000 $142,000 $345,000 $59,000 $270,000
VA-guaranteed (Veterans Administration) 183 $33,995,000 $185,000 $585,000 $63,000 $300,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 97 $13,425,000 $138,000 $255,000 $44,000 $152,000

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 1,220 $202,235,000 $165,000 $5,405,000 $91,000 $2,700,000
Application Denied By Financial Institution 216 $30,780,000 $142,000 $595,000 $71,000 $301,000
Loan Purchased By The Institution 194 $31,750,000 $163,000 $515,000 $92,000 $355,000
Application Withdrawn By Applicant 190 $47,000,000 $247,000 $18,875,000 $79,000 $578,000
File Closed For Incompleteness 90 $12,860,000 $142,000 $645,000 $72,000 $214,000
Application Approved But Not Accepted 33 $4,195,000 $127,000 $285,000 $78,000 $246,000
Preapproval Approved but not Accepted 2 $100,000 $50,000 $75,000 $38,000 $47,000
Preapproval Denied by Financial Institution 1 $95,000 $95,000 $95,000 $12,000 $12,000

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 1,712 $296,565,000 $173,000 $18,875,000 $88,000 $2,700,000
Debt-To-Income Ratio 65 $9,945,000 $153,000 $595,000 $55,000 $214,000
Credit History 58 $7,580,000 $130,000 $515,000 $84,000 $300,000
Credit Application Incomplete 42 $5,680,000 $135,000 $375,000 $77,000 $244,000
Collateral 28 $2,930,000 $104,000 $215,000 $63,000 $158,000
Other 20 $3,150,000 $157,000 $305,000 $93,000 $301,000
Unverifiable Information 10 $1,470,000 $147,000 $455,000 $73,000 $241,000
Employment History 8 $1,360,000 $170,000 $305,000 $76,000 $192,000
Insufficient Cash (Downpayment, Closing Cost) 3 $335,000 $111,000 $225,000 $69,000 $136,000
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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