Brule County, SD Mortgage Lenders & HMDA Data, 2014

In 2014, lenders reported 119 mortgage applications in Brule County, SD totaling $17.4 million, down 28% from 2013. The average application was for $146,000, and applicants reported an average income of $69,000. 55% of applications resulted in an originated loan and 16% were denied. The most active lender was Great Western Bank, with 19 applications, followed by Wells Fargo Bank NA and First Dakota National Bak.

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Total Number of Mortgage Applications 119
Total Mortgage Loan Application Amount $17,405,000
Average Mortgage Loan Application Amount $146,000
Highest Mortgage Loan Application Amount $2,798,000
Average Applicant Income $69,000
Highest Applicant Income $1,237,000

Mortgage Company List for Lending in Brule County, SD for 2014

* 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
Great Western Bank
35 1ST AVE NE
WATERTOWN, SD 57201
* $ 9,269,540,000 19 $ 2,052,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,373,600,000,000 19 $ 1,985,000
First Dakota National Bak
225 CEDAR ST
YANKTON, SD 57078
* $ 1,011,858,000 17 $ 2,610,000
Bankwest, Inc.
420 S. PIERRE STREET, PO BOX 998
PIERRE, SD 57501
* $ 850,750,000 13 $ 4,534,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 360,478,278,000 10 $ 1,190,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 62,866,954,000 3 $ 393,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,945,467,000,000 3 $ 449,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 3 $ 398,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 3 $ 316,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 515,115,000 3 $ 455,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 3 $ 474,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,346,747,000,000 2 $ 145,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 2 $ 319,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 1 $ 208,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 1 $ 81,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 1 $ 178,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 66,467,781,000 1 $ 94,000
W. J. Bradley Mortgage Capital
6465 GREENWOOD PLAZA BLVD, SUITE 500
CENTENNIAL, CO 80111
* $ 10,000,000 1 $ 93,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 238,482,903,000 1 $ 154,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 1 $ 65,000
Home Federal Bank
P.O. BOX 5000
SIOUX FALLS, SD 57117
* $ 1,251,718,000 1 $ 47,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 410,770,000 1 $ 225,000
Mwabank
100 17TH STREET
ROCK ISLAND, IL 61201
* $ 246,270,000 1 $ 80,000
First Premier Bank
400 S SYCAMORE AVE, SUITE 101
SIOUX FALLS, SD 57104
* $ 1,375,260,000 1 $ 54,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 1 $ 47,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ 10,000,000 1 $ 152,000
First Bank & Trust
110 N. MINNESOTA AVE
SIOUX FALLS, SD 57104
* $ 580,156,000 1 $ 81,000

The tables below break down 2014 mortgage applications in Brule County, SD by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Brule County, SD in 2014

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 55 $6,559,000 $119,000 $240,000 $47,000 $236,000
Refinancing 44 $9,428,000 $214,000 $2,798,000 $95,000 $1,237,000
Home Improvement 20 $1,418,000 $70,000 $225,000 $74,000 $325,000

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 84 $11,761,000 $140,000 $2,798,000 $84,000 $1,237,000
Not applicable 19 $3,870,000 $203,000 $1,500,000 $5,000 $105,000
Not Provided 9 $1,156,000 $128,000 $208,000 $78,000 $325,000
American Indian or Alaskan Native 5 $390,000 $78,000 $211,000 $44,000 $68,000
Native Hawaiian or Other Pacific Islander 2 $228,000 $114,000 $114,000 $82,000 $82,000
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 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) 75 $11,794,000 $157,000 $2,798,000 $86,000 $1,237,000
FHA-insured (Federal Housing Administration) 16 $1,888,000 $118,000 $211,000 $40,000 $171,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 15 $1,930,000 $128,000 $214,000 $33,000 $92,000
VA-guaranteed (Veterans Administration) 13 $1,793,000 $137,000 $208,000 $49,000 $91,000

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 65 $10,951,000 $168,000 $2,798,000 $93,000 $1,237,000
Loan Purchased By The Institution 20 $2,531,000 $126,000 $224,000 $17,000 $105,000
Application Denied By Financial Institution 19 $1,888,000 $99,000 $180,000 $61,000 $135,000
Application Withdrawn By Applicant 6 $821,000 $136,000 $214,000 $39,000 $116,000
Application Approved But Not Accepted 6 $734,000 $122,000 $230,000 $54,000 $90,000
File Closed For Incompleteness 3 $480,000 $160,000 $208,000 $39,000 $76,000
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 6 $323,000 $53,000 $170,000 $42,000 $85,000
Collateral 3 $317,000 $105,000 $151,000 $86,000 $135,000
Credit Application Incomplete 3 $454,000 $151,000 $159,000 $79,000 $91,000
Debt-To-Income Ratio 2 $254,000 $127,000 $180,000 $53,000 $73,000
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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 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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