Buchanan County, IA Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 914 mortgage applications in Buchanan County, IA totaling $103.6 million, down 15% from 2010. The average application was for $113,000, and applicants reported an average income of $62,000. 63% of applications resulted in an originated loan and 11% were denied. The most active lender was Bankiowa, with 237 applications, followed by Veridian Credit Union and Iowa Bankers Mortgage Corporation.

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Total Number of Mortgage Applications 914
Total Mortgage Loan Application Amount $103,558,000
Average Mortgage Loan Application Amount $113,000
Highest Mortgage Loan Application Amount $4,974,000
Average Applicant Income $62,000
Highest Applicant Income $630,000

Mortgage Company List for Lending in Buchanan County, IA for 2011

* 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
Bankiowa
7045 C AVE NE
CEDAR RAPIDS, IA 52402
* $ 447,746,000 237 $ 20,472,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 1,783,385,000 103 $ 10,953,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ 10,000,000 55 $ 7,915,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 48 $ 5,839,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,104,833,000,000 47 $ 4,805,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 40 $ 4,823,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 39 $ 4,128,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 34 $ 3,474,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 20 $ 1,916,000
Citizens State Bank
117 W 1ST ST (PO BOX 517)
MONTICELLO, IA 52310
* $ 301,607,000 20 $ 3,380,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 126,719,736,000 13 $ 1,188,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 471,002,000 13 $ 1,295,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 12 $ 1,357,000
Fidelity Bank & Trust
4250 ASBURY ROAD
DUBUQUE, IA 52002
* $ 453,232,000 11 $ 1,031,000
Security State Bank
P.O. BOX 511, 231 FIRST STREET EAST
INDEPENDENCE, IA 50644
* $ 84,242,000 10 $ 1,013,000
Premier Home Mortgage, Inc.
3024 TOWER RD
RAPID CITY, SD 57701
* $ 20,569,000 10 $ 985,000
Valley Bank
3455 AVENUE OF THE CITIES
MOLINE, IL 61265
* $ 634,034,000 8 $ 1,058,000
Northeast Security Bank
108 NORTH CARPENTER
SUMNER, IA 50674
* $ 111,417,000 8 $ 624,000
Community Savings Bank
PO BOX 77
EDGEWOOD, IA 52402
* $ 297,442,000 7 $ 741,000
US Bk NA Nd
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,955,059,000 7 $ 544,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 7 $ 967,000
Farmers & Merchants Savings Bank
PO BOX 588 101 E MAIN ST
MANCHESTER, IA 52057
* $ 307,847,000 7 $ 732,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 6 $ 906,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 6 $ 724,000
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ 1,116,851,000 6 $ 545,000
Dupaco Community Credit Union
PO BOX 179
DUBUQUE, IA 52004
* $ 905,293,000 6 $ 632,000
Bankers' Bank
7700 MINERAL POINT ROAD
MADISON, WI 53717
* $ 494,772,000 5 $ 543,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 5 $ 736,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 4 $ 587,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 4 $ 425,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 4 $ 388,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 21,813,152,000 4 $ 403,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 48,783,813,000 4 $ 223,000
Lincoln Savings Bank
301 WASHINGTON ST
REINBECK, IA 50669
* $ 552,671,000 4 $ 802,000
Cedar Falls Community Credit Union
123 W 4TH ST
CEDAR FALLS, IA 50613
* $ 83,467,000 4 $ 252,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 3 $ 371,000
Collins Community Credit Union
1150 42ND STREET NE
CEDAR RAPIDS, IA 52402
* $ 618,800,000 3 $ 356,000
Nxt Bank
320 3RD ST SE
CEDAR RAPIDS, IA 52401
* $ 114,587,000 3 $ 186,000
Liberty Bank F.S.B.
3800 100TH ST
URBANDALE, IA 50322
* $ 1,076,011,000 3 $ 325,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,216,291,000,000 3 $ 310,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 2 $ 201,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 153,341,765,000 2 $ 225,000
Farm Credit Services of America, Flca
5015 S 118TH ST
OMAHA, NE 68137
* $ 10,000,000 2 $ 610,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 2 $ 155,000
Residential Mortgage Network, Inc.
2461 10TH STREET SUITE 308
IOWA CITY, IA 52245
* $ 10,000,000 2 $ 356,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 2 $ 188,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 2 $ 274,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 2 $ 245,000
Luana Savings Bank
100 HARVEST DRIVE
LUANA, IA 52156
* $ 388,915,000 2 $ 360,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 12,522,585,000 2 $ 297,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 162,509,568,000 2 $ 302,000
BNC National Bank

BISMARCK, ND 58501
* $ 745,184,000 2 $ 127,000
Keystone Savings Bank
81 MAIN STREET, PO BOX 367
KEYSTONE, IA 52249
* $ 72,335,000 2 $ 370,000
Hills Bank and Trust Company
131 EAST MAIN ST / PO BOX 160
HILLS, IA 52235
* $ 1,929,671,000 2 $ 194,000
Cedar Valley Bank & Trust
321 MAIN ST
LA PORTE CITY, IA 50651
* $ 43,758,000 2 $ 77,000
Readlyn Savings Bank
141 MAIN STREET PO BOX 40
READLYN, IA 50668
* $ 52,878,000 2 $ 215,000
Corda Credit Union
3015 BLAIRS FERRY RD NE
CEDAR RAPIDS, IA 52402
* $ 244,187,000 2 $ 93,000
Iowa Community Credit Union
3301 CEDAR HEIGHTS DR
CEDAR FALLS, IA 50613
* $ 76,619,000 2 $ 31,000
Bankers Trust Company
453 7TH STREET
DES MOINES, IA 50309
* $ 394,978,000 2 $ 5,833,000
First Federal Credit Union
425 1ST AVE SW
CEDAR RAPIDS, IA 52405
* $ 138,101,000 2 $ 354,000
Go Mortgage, LLC

COLUMBUS, OH 43219
* $ 10,000,000 2 $ 178,000
Community 1st Credit Union
1030 SIERRA DR NE
OTTUMWA, IA 52501
* $ 326,133,000 1 $ 75,000
Farmers Savings Bank
103 3RD ST
FREDERIKA, IA 50631
* $ 40,999,000 1 $ 100,000
Core Bank
12100 W CENTER RD
OMAHA, NE 68118
* $ 68,743,000 1 $ 245,000
Farmers Savings Bank & Trust
401 B AVE
VINTON, IA 52349
* $ 145,831,000 1 $ 78,000
Farmers State Bank
1240 8TH AVE
MARION, IA 52302
* $ 591,996,000 1 $ 86,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 2,001,416,000 1 $ 19,000
Denver Savings Bank
121 S. STATE STREET
DENVER, IA 50622
* $ 104,576,000 1 $ 92,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 213,864,000 1 $ 78,000
Guaranty Bank and Trust Company
500 1ST AVENUE NE
CEDAR RAPIDS, IA 52401
* $ 241,142,000 1 $ 198,000
Grand Bank, National Association
2297 HWY 33
HAMILTON, NJ 08690
* $ 424,689,000 1 $ 90,000
American B&T C, N.A.
4301 E 53RD STREET
DAVENPORT, IA 52807
* $ 555,019,000 1 $ 122,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,312,000,000 1 $ 109,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 555,205,000 1 $ 78,000
United Bank of Iowa
501 SECOND STREET
IDA GROVE, IA 51445
* $ 1,111,772,000 1 $ 180,000
Northwest Bank
101 W 5TH ST.
SPENCER, IA 51301
* $ 812,864,000 1 $ 65,000
Citifinancial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 1 $ 65,000
Carnegie Mortgage
2297 STATE HIGHWAY 33
HAMILTON SQUARE, NJ 08690
* $ 193,976,000 1 $ 126,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 1 $ 85,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 97,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 278,000
Wcs Lending, LLC
951 YAMATO ROAD, SUITE 150
BOCA RATON, FL 33431
* $ 25,076,000 1 $ 70,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 1 $ 175,000
Qr Lending Inc
555 ZOR SHRINE PLACE
MADISON, WI 53719
* $ 1,093,327,000 1 $ 148,000
United Fidelity Funding Corp.
1300 NW BRIARCLIFF PKWY SUITE 275
JEFFERSON CITY, MO 64150
* $ 1,000,000,000 1 $ 112,000
First Residential Mortgage
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 1 $ 247,000
Allquest Home Mortgage Corpora
6110 PINEMONT DR, STE 220
HOUSTON, TX 77092
* $ 10,000,000 1 $ 146,000
Citicorp Trust Bank, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 11,750,980,000 1 $ 113,000
Sterling Natl Mtge Co., Inc
98 CUTTERMILL RD
GREAT NECK, NY 11021
* $ 964,388,000 1 $ 112,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 194,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ 10,000,000 1 $ 172,000
National Bank of St Anne
158 WEST STATION ST
ST ANNE, IL 60964
* $ 45,737,000 1 $ 148,000

The tables below break down 2011 mortgage applications in Buchanan 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 Buchanan County, IA in 2011

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 473 $59,746,000 $126,000 $4,974,000 $64,000 $608,000
Home Purchase 345 $39,034,000 $113,000 $400,000 $57,000 $516,000
Home Improvement 96 $4,778,000 $49,000 $310,000 $72,000 $630,000

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 787 $83,196,000 $105,000 $715,000 $67,000 $630,000
Not applicable 67 $13,958,000 $208,000 $4,974,000 $8,000 $145,000
Not Provided 50 $5,284,000 $105,000 $247,000 $60,000 $159,000
Hispanic 5 $431,000 $86,000 $122,000 $45,000 $58,000
Black or African American 3 $291,000 $97,000 $97,000 $77,000 $79,000
Asian 2 $398,000 $199,000 $200,000 $45,000 $47,000
American Indian or Alaskan Native 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) 681 $77,797,000 $114,000 $4,974,000 $69,000 $630,000
FHA-insured (Federal Housing Administration) 131 $14,491,000 $110,000 $237,000 $46,000 $118,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 82 $8,680,000 $105,000 $715,000 $33,000 $241,000
VA-guaranteed (Veterans Administration) 20 $2,590,000 $129,000 $245,000 $39,000 $138,000

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 578 $67,961,000 $117,000 $4,974,000 $68,000 $608,000
Application Denied By Financial Institution 102 $9,440,000 $92,000 $250,000 $51,000 $630,000
Loan Purchased By The Institution 100 $11,982,000 $119,000 $323,000 $29,000 $145,000
Application Withdrawn By Applicant 64 $6,399,000 $99,000 $290,000 $64,000 $194,000
Application Approved But Not Accepted 51 $5,261,000 $103,000 $278,000 $83,000 $516,000
File Closed For Incompleteness 19 $2,515,000 $132,000 $247,000 $56,000 $120,000
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 26 $1,948,000 $74,000 $193,000 $45,000 $139,000
Debt-To-Income Ratio 11 $1,275,000 $115,000 $250,000 $31,000 $53,000
Collateral 10 $1,050,000 $105,000 $226,000 $108,000 $630,000
Credit Application Incomplete 2 $188,000 $94,000 $101,000 $88,000 $100,000
Employment History 2 $189,000 $94,000 $119,000 $45,000 $66,000
Insufficient Cash (Downpayment, Closing Cost) 1 $44,000 $44,000 $44,000 $23,000 $23,000
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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