Bosque County, TX Mortgage Lenders & HMDA Data, 2016

In 2016, lenders reported 525 mortgage applications in Bosque County, TX totaling $75.5 million, up 5% from 2015. The average application was for $143,000, and applicants reported an average income of $85,000. 54% of applications resulted in an originated loan and 21% were denied. The most active lender was First National Bank of Bosque County, with 46 applications, followed by Wells Fargo Bank NA and loanDepot.com LLC.

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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 525
Total Mortgage Loan Application Amount $75,543,000
Average Mortgage Loan Application Amount $143,000
Highest Mortgage Loan Application Amount $5,376,000
Average Applicant Income $85,000
Highest Applicant Income $1,377,000

Mortgage Company List for Lending in Bosque County, TX 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
First National Bank of Bosque County
PO BOX 278
VALLEY MILLS, TX 76689
* $ 118,282,000 46 $ 4,256,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,610,580,000,000 32 $ 4,194,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 30 $ 4,412,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 16 $ 1,352,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 15 $ 1,062,000
Cornerstone Home Lending, Inc.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ 57,509,481,000 15 $ 1,981,000
Freedom Mortgage Corporation
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 13 $ 1,906,000
Gateway Mortgage Group, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 10,000,000 12 $ 1,297,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 11 $ 6,780,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 9 $ 1,171,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 8 $ 919,000
Cendera Funding Inc.
3600 BENBROOK HWY
FORT WORTH, TX 76116
* $ 1,141,000 8 $ 1,341,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 8 $ 758,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 7 $ 1,222,000
Aspire Financial, Inc.
4100 ALPHA ROAD SUITE 400
DALLAS, TX 75244
* $ 10,000,000 7 $ 812,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 7 $ 1,387,000
Grandview Bank
PO BOX 449
GRANDVIEW, TX 76050
* $ 157,225,000 7 $ 430,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 961,290,000 7 $ 854,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 7 $ 559,000
First National Bank of Central Texas
1835 N. VALLEY MILLS DR.
WACO, TX 76710
* $ 779,671,000 7 $ 835,000
Capital Farm Credit, Aca
3000 BRIARCREST DRIVE SUITE 601
BRYAN, TX 77802
* $ 242,905,000 6 $ 2,090,000
Esb Mortgage Company Inc.
815 W ENNIS AVE
ENNIS, TX 75119
* $ 51,933,000 6 $ 797,000
Pioneer Bank, SSB
623 W 38TH STREET
AUSTIN, TX 78705
* $ 428,007,000 5 $ 41,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 5 $ 713,000
First Financial Bank
400 PINE STREET
ABILENE, TX 79601
* $ 6,642,171,000 5 $ 389,000
Texas Bank Financial
901 SANTA FE DRIVE
WEATHERFORD, TX 76086
* $ 170,935,000 5 $ 792,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 5 $ 459,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 5 $ 846,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,649,486,000 4 $ 435,000
Wallick and Volk, Inc.
222 E. 18TH ST.
CHEYENNE, WY 82001
* $ 10,000,000 4 $ 508,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 186,710,993,000 4 $ 460,000
American National Bank & Trust
2732 MIDWESTERN PKWY
WICHITA FALLS, TX 78130
* $ 489,449,000 4 $ 774,000
Central National Bank
8320 W HWY 84
WACO, TX 76712
* $ 789,560,000 4 $ 259,000
Members Choice of Central Texas FCU
4631 W WACO DRIVE
WACO, TX 76710
* $ 175,472,000 4 $ 484,000
SWBC Mortgage Corporation
9311 SAN PEDRO AVENUE STE 100
SAN ANTONIO, TX 78216
* $ 502,411,000 4 $ 825,000
United Built Homes, LLC
8500 LINE AVE
SHREVEPORT, LA 71106
* $ 59,713,000 4 $ 748,000
Citizens National Bank of Texas
P. O. BOX 717
WAXAHACHIE, TX 75168
* $ 727,329,000 3 $ 210,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 3 $ 177,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 3 $ 397,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 3 $ 400,000
American Bank NA
PO BOX 154068
WACO, TX 76710
* $ 424,240,000 3 $ 569,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 3 $ 992,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 3 $ 473,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,709,556,000 3 $ 311,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,764,654,000 3 $ 640,000
The First National Bank of Gra
101 E BRIDGE ST
GRANBURY, TX 76048
* $ 515,702,000 3 $ 947,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 3 $ 571,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 3 $ 442,000
Community Bank & Trust
1800 WASHINGTON AVE
WACO, TX 76701
* $ 419,722,000 3 $ 551,000
Fidelity Bank of Texas
PO BOX 5540
WACO, TX 76708
* $ 96,061,000 3 $ 281,000
BBVA USA
15 SOUTH 20TH ST
BIRMINGHAM, AL 35233
* $ 85,426,845,000 2 $ 156,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 273,231,606,000 2 $ 91,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 31,272,894,000 2 $ 446,000
Extraco Banks, NA
18 SOUTH MAIN STREET
TEMPLE, TX 76502
* $ 1,374,971,000 2 $ 92,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ 10,000,000 2 $ 203,000
Fort Worth Community Credit Union
1905 FOREST RIDGE DR
BEDFORD, TX 76021
* $ 838,352,000 2 $ 195,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 2 $ 288,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 2 $ 181,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 2 $ 249,000
Jacksboro National Bank
910 MAIN STREET
JACKSBORO, TX 76458
* $ 253,941,000 2 $ 736,000
Sfmc, LP
5408 W PLANO PKWY
PLANO, TX 75093
* $ 10,000,000 2 $ 398,000
Educators Credit Union
501 W STATE HWY 6
WACO, TX 76710
* $ 383,386,000 2 $ 255,000
Evolve Bank & Trust
6000 POPLAR AVENUE SUITE 300
MEMPHIS, TN 38119
* $ 367,680,000 2 $ 356,000
Southside Bank
1201 S BECKHAM
TYLER, TX 75701
* $ 5,155,522,000 2 $ 445,000
Ntfn, Inc.
700 STATE HIGHWAY 121, SUITE 100
PLANO, TX 75067
* $ 10,000,000 2 $ 255,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 2 $ 83,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 2 $ 120,000
First Choice Loan Services Inc.
ONE TOWER CENTER, FLOOR #18
EAST BRUNSWICK, NJ 08816
* $ 669,000,000 2 $ 365,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 2 $ 334,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 2 $ 301,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 95,747,000 2 $ 293,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 2 $ 246,000
The Home Lending Group, LLC
215 KATHERINE DRIVE
FLOWOOD, MS 39232
* $ 22,596,000 1 $ 120,000
Amcap Mortgage, Ltd.
9999 BELLAIRE BLVD., SUITE 700
AUSTIN, TX 77036
* $ 10,000,000 1 $ 135,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 125,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ 4,993,000 1 $ 53,000
Hamilton Home Loans, Inc.
1551 SAWGRASS CORPORATE PARKWAY, STE 300
SUNRISE, FL 33323
* $ 10,000,000 1 $ 76,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 1 $ 310,000
The State National Bank in West
100 N MAIN ST
WEST, TX 76691
* $ 71,734,000 1 $ 86,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 1 $ 222,000
Hancock Mortgage Partners, LLC
ONE SUGAR CREEK CENTER BLVD SUITE 1000
SUGAR LAND, TX 77478
* $ 216,152,000 1 $ 176,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 146,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ 10,000,000 1 $ 87,000
Network Funding, L.P.
9700 RICHMOND, SUITE 320
HOUSTON, TX 77042
* $ 43,942,000 1 $ 216,000
Securitynational Mortgage Company
5300 SOUTH 360 WEST
SALT LAKE CITY, UT 84123
* $ 10,000,000 1 $ 160,000
Plainscapital Bank
6565 HILLCREST AVE
DALLAS, TX 75205
* $ 8,764,654,000 1 $ 65,000
Citizens 1st Bank, Tyler Tx
3010 UNIVERSITY DR
NACOGDOCHES, TX 75965
* $ 755,152,000 1 $ 88,000
Legacytexas Bank
5851 LEGACY CIRCLE, SUITE 1200
PLANO, TX 75024
* $ 7,693,349,000 1 $ 10,000
Education First Federal Credit Union
7025 EASTEX FREEWAY
BEAUMONT, TX 77706
* $ 342,853,000 1 $ 120,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ 50,442,000 1 $ 94,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ 10,000,000 1 $ 173,000
First Mortgage Company, L.L.C.
6701 NORTH BROADWAY, SUITE 400
OKLAHOMA CITY, OK 73116
* $ 28,000,000 1 $ 290,000
Intercontinental Capital Group, Inc
50 JERICHO QUADRANGLE, SUITE 210
JERICHO, NY 11753
* $ 10,016,511,000 1 $ 183,000
Hightechlending, Inc
2030 MAIN ST 350
IRVINE, CA 92614
* $ 10,000,000 1 $ 44,000
Nations Reliable Lending, LLC

HOUSTON, TX 77057
* $ 10,000,000 1 $ 86,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 1 $ 56,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 1 $ 101,000
Great Western Financial Services, Inc.
5408 W PLANO PKWY
PLANO, TX 75093
* $ 10,000,000 1 $ 131,000
Willow Bend Mortgage Company, LLC
5800 W PLANO PKWY STE 105
PLANO, TX 75093
* $ 22,642,000 1 $ 163,000
Susser Bank
500 HARWOOD ROAD
BEDFORD, TX 76021
* $ 575,144,000 1 $ 116,000
Nationwide Bank
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 6,397,488,000 1 $ 50,000
Gardner Financial Services, Ltd.
3503 PAESANOS PKWY
SAN ANTONIO, TX 78231
* $ 81,392,000 1 $ 64,000
Texas Bank and Trust
PO BOX 3188
LONGVIEW, TX 75601
* $ 2,205,113,000 1 $ 980,000
Adams Bank & Trust
PO BOX 720
OGALLALA, NE 69153
* $ 671,079,000 1 $ 35,000
Tib the Independent Bankersban
11701 LUNA ROAD
FARMERS BRANCH, TX 75234
* $ 2,565,602,000 1 $ 111,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ 40,394,000 1 $ 146,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 1 $ 417,000
Affiliated Mortgage Company
5700 LEGACY DRIVE STE 10
PLANO, TX 75024
* $ 212,423,000 1 $ 417,000
The Comanche National Bank
100 EAST CENTRAL AVENUE
COMANCHE, TX 76442
* $ 324,875,000 1 $ 114,000
First National Bank Texas
507 N. GRAY ST.
KILLEEN, TX 76541
* $ 1,412,242,000 1 $ 40,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ 5,889,539,000 1 $ 160,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 212,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ 10,000,000 1 $ 183,000
Hometown Lenders, Inc.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ 3,300,000,000 1 $ 136,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 138,000
Community First National Bank
215 S SETH CHILD RD
MANHATTAN, KS 66502
* $ 206,674,000 1 $ 105,000
National United
905 MAIN ST
GATESVILLE, TX 76528
* $ 578,593,000 1 $ 71,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ 52,388,000 1 $ 65,000
Veritex Community Bank
2101 ABRAMS RD
DALLAS, TX 75225
* $ 1,039,413,000 1 $ 748,000
Raymond James Bank
710 CARILLON PARKWAY
SAINT PETERSBURG, FL 33716
* $ 15,972,565,000 1 $ 155,000
Cadence Bank, N.A.
2100 3RD AVE N
BIRMINGHAM, AL 35203
* $ 8,790,472,000 1 $ 42,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 822,669,000 1 $ 74,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ 32,120,000 1 $ 239,000
Nova Financial & Investment Corporation
6245 E. BROADWAY BLVD., SUITE 400
TUCSON, AZ 85711
* $ 10,000,000 1 $ 201,000
Prospect Mortgage, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 1 $ 295,000
Sage Home Loans Corporation
1423 RED VENTURES DRIVE SUITE 201
FORT MILL, SC 29707
* $ 39,000,000 1 $ 400,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 125,121,263,000 1 $ 244,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 11,567,246,000 1 $ 94,000
Members Trust of the Southwest Federal Credit Union
2315 MANGUM ROAD
HOUSTON, TX 77092
* $ 98,993,000 1 $ 120,000
Bank of Colorado
1609 EAST HARMONY RD
FORT COLLINS, CO 80525
* $ 3,065,108,000 1 $ 82,000
Prosperity Bank
1301 N MECHANIC ST
EL CAMPO, TX 77437
* $ 22,025,607,000 1 $ 10,000
Aimbank
110 COLLEGE AVE
LEVELLAND, TX 79336
* $ 838,344,000 1 $ 236,000
Greater Texas Federal Credit Union
6411 N LAMAR BLVD
AUSTIN, TX 78752
* $ 563,416,000 1 $ 74,000
Randolph-Brooks Federal Credit Union
PO BOX 2097
UNIVERSAL CITY, TX 78148
* $ 6,991,326,000 1 $ 180,000
Interbank
4921 NORTH MAY AVENUE
OKLAHOMA CITY, OK 73112
* $ 2,903,698,000 1 $ 250,000
Benchmark Bank
5700 LEGACY DRIVE STE. 10
PLANO, TX 75024
* $ 495,556,000 1 $ 417,000
Pinnacle Bank
PO BOX 676
FORT WORTH, TX 76102
* $ 694,132,000 1 $ 97,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 5,961,680,000 1 $ 113,000
Lone Star State Bank of West Texas
6220 MILWAUKEE AVENUE
LUBBOCK, TX 79424
* $ 784,112,000 1 $ 300,000
Guardian Mortgage Company, Inc
100 N. CENTRAL EXPRESSWAY SUITE 150
RICHARDSON, TX 75083
* $ 2,214,138,000 1 $ 65,000
Independent Bank
1600 REDBUD BLVD
MCKINNEY, TX 75070
* $ 5,051,504,000 1 $ 40,000
First Bank
300 E THRID
BURKBURNETT, TX 76359
* $ 347,492,000 1 $ 93,000
American Bank, N.A.
P O BOX 6469
CORPUS CHRISTI, TX 78466
* $ 1,299,396,000 1 $ 3,000

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

Mortgage Loan Application Detail Totals for Bosque County, TX 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 284 $38,554,000 $135,000 $980,000 $95,000 $1,377,000
Refinancing 201 $34,930,000 $173,000 $5,376,000 $72,000 $552,000
Home Improvement 40 $2,059,000 $51,000 $217,000 $85,000 $268,000

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 383 $52,385,000 $136,000 $980,000 $97,000 $1,377,000
Not applicable 50 $11,392,000 $227,000 $5,376,000 $9,000 $131,000
Not Provided 50 $6,797,000 $135,000 $328,000 $80,000 $240,000
Hispanic 33 $3,777,000 $114,000 $285,000 $59,000 $174,000
American Indian or Alaskan Native 4 $686,000 $171,000 $259,000 $91,000 $190,000
Black or African American 3 $347,000 $115,000 $180,000 $106,000 $246,000
Asian 2 $159,000 $79,000 $87,000 $190,000 $357,000
Native Hawaiin 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) 393 $56,990,000 $145,000 $5,376,000 $100,000 $1,377,000
FHA-insured (Federal Housing Administration) 76 $9,007,000 $118,000 $276,000 $39,000 $354,000
VA-guaranteed (Veterans Administration) 45 $8,430,000 $187,000 $374,000 $46,000 $228,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 11 $1,116,000 $101,000 $143,000 $34,000 $60,000

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 281 $43,160,000 $153,000 $5,376,000 $106,000 $1,377,000
Application Denied By Financial Institution 112 $13,119,000 $117,000 $417,000 $62,000 $375,000
Application Withdrawn By Applicant 48 $7,353,000 $153,000 $815,000 $72,000 $320,000
Loan Purchased By The Institution 48 $6,810,000 $141,000 $417,000 $31,000 $357,000
File Closed For Incompleteness 22 $2,968,000 $134,000 $365,000 $87,000 $206,000
Application Approved But Not Accepted 14 $2,133,000 $152,000 $362,000 $85,000 $246,000
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 27 $2,743,000 $101,000 $310,000 $59,000 $170,000
Debt-To-Income Ratio 12 $1,171,000 $97,000 $191,000 $44,000 $72,000
Credit Application Incomplete 9 $1,143,000 $127,000 $174,000 $59,000 $140,000
Other 8 $902,000 $112,000 $249,000 $62,000 $112,000
Insufficient Cash (Downpayment, Closing Cost) 4 $248,000 $62,000 $114,000 $54,000 $101,000
Collateral 4 $786,000 $196,000 $328,000 $148,000 $375,000
Unverifiable Information 1 $129,000 $129,000 $129,000 $105,000 $105,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 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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