Burleigh County, ND Mortgage Lenders & HMDA Data, 2019

In 2019, lenders reported 4,350 mortgage applications in Burleigh County, ND totaling $1.1 billion, up 17% from 2018. The average application was for $247,000, and applicants reported an average income of $116,000. 68% of applications resulted in an originated loan and 7% were denied. The most active lender was Gate City Bank, with 809 applications, followed by Capital Credit Union and Dakota Community Bank & Trust, NA.

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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 4,350
Total Mortgage Loan Application Amount $1,076,420,000
Average Mortgage Loan Application Amount $247,000
Highest Mortgage Loan Application Amount $18,005,000
Average Applicant Income $116,000
Highest Applicant Income $2,200,000

Mortgage Company List for Lending in Burleigh County, ND for 2019

* 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
Gate City Bank
500 2ND AVE N
FARGO, ND 58102
* $ 2,231,157,000 809 $ 164,855,000
Capital Credit Union
PO BOX 2096
BISMARCK, ND 58502
* $ 486,635,000 221 $ 41,465,000
Dakota Community Bank & Trust, NA
608 MAIN STREET
HEBRON, ND 58638
* $ 810,090,000 196 $ 43,440,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,689,351,000,000 190 $ 38,270,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 459,476,604,000 153 $ 33,635,000
BNC National Bank

BISMARCK, ND 58501
* $ 970,161,000 145 $ 27,395,000
Flagstar Bank NA

TROY, MI 49098
* $ 18,466,868,000 138 $ 37,160,000
First International Bank & Trust
1600 S BDWAY
MINOT, ND 58701
* $ 2,939,331,000 136 $ 36,240,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 129 $ 32,265,000
Starion Bank
109 1ST STREET NW
MANDAN, ND 58554
* $ 1,361,706,000 122 $ 27,730,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 129,426,633,000 121 $ 30,465,000
Bravera Bank
140 1ST AVENUE WEST
DICKINSON, ND 58601
* $ 1,426,011,000 121 $ 26,485,000
Blackridgebank
4040 42ND ST SW, SUITE O
FARGO, ND 58104
* $ 483,106,000 118 $ 32,210,000
Kirkwood Bank & Trust Co.
2911 N 14TH STREET
BISMARCK, ND 58503
* $ 237,588,000 108 $ 22,280,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 656,158,000 101 $ 23,865,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 95 $ 25,005,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 94 $ 23,110,000
Tcf National Bank
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 23,708,028,000 94 $ 29,770,000
Choice Financial Group
4501 23RD AVE S
FARGO, ND 58104
* $ 2,142,520,000 84 $ 23,770,000
Security First Bank of North Dakota
700 ASH AVENUE
NEW SALEM, ND 58563
* $ 182,978,000 72 $ 16,670,000
Suntrust Banks, Inc.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 209,720,480,000 62 $ 17,560,000
Bremer Bank NA
372 SAINT PETER STREET
SAINT PAUL, MN 55102
* $ 12,122,519,000 55 $ 21,905,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 52 $ 13,130,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 51 $ 15,095,000
Railway Credit Union
1006 E MAIN STREET
MANDAN, ND 58554
* $ 110,997,000 51 $ 6,355,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 49 $ 13,065,000
First Community Credit Union
111 9TH ST SW
JAMESTOWN, ND 58401
* $ 825,691,000 46 $ 8,670,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 43 $ 11,705,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 41 $ 9,145,000
Vue Community Credit Union
818 E MAIN AVE
BISMARCK, ND 58501
* $ 57,695,000 37 $ 3,165,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 108,015,112,000 36 $ 2,210,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,218,960,000,000 36 $ 10,280,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 33 $ 8,945,000
Cornerstone Bank
2280 45TH STREET SOUTH
FARGO, ND 58104
* $ 940,029,000 24 $ 4,700,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 20 $ 4,710,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 20 $ 5,020,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 20 $ 4,600,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 81,602,818,000 19 $ 5,345,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 312,093,000 15 $ 3,705,000
First Western Bank & Trust
900 SOUTH BROADWAY
MINOT, ND 58701
* $ 1,112,342,000 14 $ 2,870,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,933,790,000 11 $ 1,905,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 395,677,000 10 $ 3,340,000
Stifel Bank & Trust
501 NORTH BROADWAY
ST. LOUIS, MO 63102
* $ 16,110,188,000 9 $ 2,285,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 36,899,806,000 9 $ 2,525,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 9 $ 2,285,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 9 $ 2,235,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 8 $ 1,970,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 96,962,446,000 7 $ 2,285,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 7 $ 1,625,000
Western State Bank
755 13TH AVE E
DEVILS LAKE, ND 58301
* $ 1,097,329,000 6 $ 19,510,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 219,071,000,000 5 $ 1,535,000
Town and Country Credit Union
615 S BROADWAY ST
MINOT, ND 58701
* $ 439,329,000 5 $ 1,945,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 5 $ 1,195,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 5 $ 1,195,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 5 $ 835,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 5 $ 965,000
Hometown Credit Union
18 MAIN AVENUE SOUTH
KULM, ND 58456
* $ 128,792,000 5 $ 845,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,135,647,000 5 $ 4,835,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,782,639,000,000 5 $ 685,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 4 $ 240,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 4 $ 1,140,000
Bankwest, Inc.
420 S. PIERRE STREET, PO BOX 998
PIERRE, SD 57501
* $ 1,050,339,000 4 $ 400,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 4 $ 810,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 4 $ 1,360,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 5,394,695,000 4 $ 4,580,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 4 $ 1,080,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,185,032,000 4 $ 1,480,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ -1,000 4 $ 1,360,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 4 $ 1,080,000
Dacotah Bank
308 S MAIN STREET, PO BOX 1210
ABERDEEN, SD 57401
* $ 2,567,120,000 3 $ 405,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ 1,071,570,000 3 $ 725,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 3 $ 865,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 87,268,647,000 3 $ 405,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 268,405,000 3 $ 675,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 3 $ 805,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 28,246,367,000 3 $ 745,000
Western Cooperative Credit Union
PO BOX 2237/1300 BISON DR
WILLISTON, ND 58801
* $ 341,884,000 2 $ 230,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,766,499,000 2 $ 560,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 1,811,622,000 2 $ 520,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 2 $ 330,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 2 $ 520,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,500,928,000 2 $ 410,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 17,230,779,000 2 $ 470,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 2 $ 750,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 2 $ 490,000
Bank Forward
390 WHEAT STREET, PO BOX 100
FARGO, ND 58104
* $ 611,574,000 2 $ 440,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 5,133,339,000 2 $ 320,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 2 $ 510,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 144,453,358,000 2 $ 820,000
James B. Nutter & Company
4153 BROADWAY
KANSAS CITY, MO 64111
* $ -1,000 2 $ 540,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 2 $ 50,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 34,104,022,000 2 $ 290,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 5,065,189,000 2 $ 500,000
Bellwether Enterprise Real Estate Capital, LLC
1360 E. 9TH STREET SUITE 300
CLEVELAND, OH 44114
* $ -1,000 2 $ 26,320,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ -1,000 2 $ 600,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 2 $ 570,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ -1,000 2 $ 380,000
Profinium, Inc.
105 LAKE AVE. PO BOX 848
FAIRMONT, MN 56031
* $ 374,039,000 2 $ 270,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 2 $ 440,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ -1,000 1 $ 245,000
Department of Commerce Federal Credit Union
P.O. BOX 14720
WASHINGTON, DC 20230
* $ 504,230,000 1 $ 245,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 1,279,654,000 1 $ 345,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 135,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ 2,176,480,000 1 $ 55,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,039,284,000 1 $ 35,000
Busey Bank
100 W UNIVERSITY AVE
CHAMPAIGN, IL 61820
* $ 7,690,612,000 1 $ 115,000
First Home Bank
9190 SEMINOLE BLVD
SEMINOLE, FL 33772
* $ 364,059,000 1 $ 245,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ -1,000 1 $ 125,000
Liberty Savings Bank, FSB
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 635,000,000 1 $ 175,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 95,000
Lenderlive Network, LLC
710 S ASH
GLENDALE, CO 80246
* $ -1,000 1 $ 105,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 684,352,000 1 $ 385,000
Capital Bank, N.A.
ONE CHURCH ST SUITE 300
ROCKVILLE, MD 20850
* $ 1,074,501,000 1 $ 205,000
Community First National Bank
215 S SETH CHILD RD
MANHATTAN, KS 66502
* $ 282,714,000 1 $ 555,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 325,000
First Holding Company of Cavalier, Inc.
PO BOX 170
CAVALIER, ND 58220
* $ 362,890,000 1 $ 305,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 1 $ 405,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 1 $ 145,000
Arbor Realty Trust, Inc.
333 EARLE OVINGTON BLVD., SUITE 900
UNIONDALE, NY 11553
* $ -1,000 1 $ 11,305,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,176,291,000 1 $ 285,000
Tradition Mortgage, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ -1,000 1 $ 485,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ 11,226,544,000 1 $ 585,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 1 $ 115,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 305,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 1 $ 175,000
Servbank, N.A.
3201 ORCHARD RD
OSWEGO, IL 60543
* $ 85,222,000 1 $ 195,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 175,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ -1,000 1 $ 105,000
Opportunity Bank of Montana
1400 PROSPECT AVE
HELENA, MT 59601
* $ 843,686,000 1 $ 235,000
Ks Statebank
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 2,029,298,000 1 $ 155,000
Great Western Bank
225 S MAIN AVE
SIOUX FALLS, SD 57104
* $ 12,568,651,000 1 $ 6,455,000
Belem Servicing, LLC dba Patriot Home Mortgage
230 N 1680 E
ST GEORGE, UT 84770
* $ -1,000 1 $ 265,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,636,147,000 1 $ 185,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 35,000
Sofi Lending Corp.
375 HEALDSBURG AVENUE, SUITE 280
SACRAMENTO, CA 95448
* $ -1,000 1 $ 205,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 225,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 33,604,332,000 1 $ 5,295,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ -1,000 1 $ 245,000
T & C Real Estate Services LLC
615 S BROADWAY
MINOT, ND 58701
* $ -1,000 1 $ 255,000
Bridgewater Bank
4450 EXCELSIOR BOULEVARD
ST. LOUIS PARK, MN 55416
* $ 1,970,086,000 1 $ 6,335,000
Stockman Bank of Montana
700 MAIN STREET
MILES CITY, MT 59301
* $ 3,648,810,000 1 $ 105,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 3,060,792,000 1 $ 55,000
Citibank, NA

NEW YORK, NY 10012
* $ 826,876,000,000 1 $ 55,000
First Interstate Bank
PO BOX 30918
BILLINGS, MT 59116
* $ 13,239,925,000 1 $ 315,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 240,252,000 1 $ 25,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 1 $ 555,000

The tables below break down 2019 mortgage applications in Burleigh County, ND by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Burleigh County, ND in 2019

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 2,064 $543,200,000 $263,000 $18,005,000 $114,000 $1,961,000
Refinancing 1,048 $279,390,000 $266,000 $11,305,000 $122,000 $1,148,000
Cash-out Refinancing 751 $185,315,000 $246,000 $775,000 $105,000 $794,000
Other Purpose 258 $49,280,000 $191,000 $17,995,000 $137,000 $2,200,000
Home Improvement 200 $13,400,000 $67,000 $525,000 $123,000 $1,115,000
Not Applicable 29 $5,835,000 $201,000 $395,000 $93,000 $173,000

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 3,504 $776,340,000 $221,000 $2,245,000 $115,000 $2,200,000
Not applicable 414 $199,260,000 $481,000 $18,005,000 $132,000 $792,000
Not Provided 273 $66,475,000 $243,000 $795,000 $119,000 $1,255,000
American Indian or Alaskan Native 62 $13,520,000 $218,000 $585,000 $141,000 $898,000
Hispanic 47 $9,925,000 $211,000 $485,000 $85,000 $300,000
Black or African American 29 $6,435,000 $221,000 $485,000 $151,000 $587,000
Asian 20 $4,260,000 $213,000 $405,000 $131,000 $469,000
Native Hawaiian or Other Pacific Islander 1 $205,000 $205,000 $205,000 $40,000 $40,000

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) 3,457 $843,825,000 $244,000 $18,005,000 $124,000 $2,200,000
FHA-insured (Federal Housing Administration) 443 $96,295,000 $217,000 $405,000 $70,000 $165,000
VA-guaranteed (Veterans Administration) 394 $123,410,000 $313,000 $1,415,000 $92,000 $794,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 56 $12,890,000 $230,000 $355,000 $72,000 $131,000

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 2,941 $732,235,000 $248,000 $18,005,000 $115,000 $1,191,000
Loan Purchased By The Institution 498 $134,280,000 $269,000 $745,000 $139,000 $873,000
Application Withdrawn By Applicant 485 $126,595,000 $261,000 $5,925,000 $120,000 $1,961,000
Application Denied By Financial Institution 308 $54,330,000 $176,000 $805,000 $89,000 $396,000
File Closed For Incompleteness 85 $18,185,000 $213,000 $775,000 $132,000 $2,200,000
Application Approved But Not Accepted 33 $10,795,000 $327,000 $1,505,000 $171,000 $949,000
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
Not applicable 3,488 $898,320,000 $257,000 $18,005,000 $118,000 $2,200,000
Debt-To-Income Ratio 640 $141,440,000 $221,000 $6,335,000 $109,000 $1,148,000
Credit History 82 $11,420,000 $139,000 $655,000 $105,000 $396,000
Collateral 53 $7,935,000 $149,000 $495,000 $108,000 $318,000
Credit Application Incomplete 38 $8,300,000 $218,000 $725,000 $83,000 $278,000
Other 25 $4,505,000 $180,000 $425,000 $89,000 $200,000
Unverifiable Information 17 $2,775,000 $163,000 $455,000 $120,000 $325,000
Employment History 5 $1,075,000 $215,000 $285,000 $59,000 $88,000
Insufficient Cash (Downpayment, Closing Cost) 2 $650,000 $325,000 $455,000 $104,000 $108,000
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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