Carlton County, MN Mortgage Lenders & HMDA Data, 2013

In 2013, lenders reported 1,949 mortgage applications in Carlton County, MN totaling $260.8 million, down 12% from 2012. The average application was for $133,000, and applicants reported an average income of $65,000. 56% of applications resulted in an originated loan and 16% were denied. The most active lender was Wells Fargo Bank NA, with 191 applications, followed by US Bank, N.A. and North Shore Bank of Commerce.

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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 1,949
Total Mortgage Loan Application Amount $260,751,000
Average Mortgage Loan Application Amount $133,000
Highest Mortgage Loan Application Amount $1,600,000
Average Applicant Income $65,000
Highest Applicant Income $852,000

Mortgage Company List for Lending in Carlton County, MN for 2013

* 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
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,266,125,000,000 191 $ 27,672,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 345,088,616,000 165 $ 20,502,000
North Shore Bank of Commerce
131 WEST SUPERIOR STREET
DULUTH, MN 55802
* $ 236,603,000 124 $ 21,145,000
Consumer Loan Services, LLC
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 10,000,000 101 $ 12,807,000
Northview Bank
510 MAIN STREET
SANDSTONE, MN 55072
* $ 229,613,000 86 $ 10,172,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,896,773,000,000 78 $ 9,378,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 178,034,172,000 78 $ 13,398,000
Lake State Credit Union
PO BOX 330
MOOSE LAKE, MN 55767
* $ 181,400,000 75 $ 8,976,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,553,174,000 70 $ 8,520,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 63 $ 7,700,000
Members Cooperative Credit Union
4628 MIKE COLALILLO DR
DULUTH, MN 55816
* $ 349,821,000 61 $ 5,652,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,603,153,000 44 $ 3,904,000
Northwoods Credit Union
1702 AVE B
CLOQUET, MN 55720
* $ 66,641,000 43 $ 3,151,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 41 $ 5,942,000
Cornerstone State Bank
401 4TH ST N W
MONTGOMERY, MN 56069
* $ 122,950,000 39 $ 3,655,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,313,401,000,000 36 $ 4,705,000
Woodlands National Bank
122 EAST MAIN STREET P.O. BOX 190
HINCKLEY, MN 55037
* $ 132,246,000 36 $ 4,650,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 34 $ 4,684,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,474,077,383,000 34 $ 4,511,000
Lend Smart Mortgage, LLC
3450 LEXINGTON AVE N
OAKDALE, MN 55126
* $ 2,304,353,000 31 $ 4,564,000
Flagstar Bank NA

TROY, MI 49098
* $ 14,069,057,000 25 $ 3,288,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 23 $ 3,944,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 22 $ 2,871,000
The First National Bank of Moose Lake
400 ELM AVENUE PO BOX 429
MOOSE LAKE, MN 55767
* $ 74,509,000 20 $ 2,063,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ 10,000,000 20 $ 3,475,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ 10,000,000 16 $ 2,129,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 12 $ 1,659,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 18,212,833,000 12 $ 1,463,000
Superior Choice Credit Union
1320 GRAND AVENUE
SUPERIOR, WI 54880
* $ 228,493,000 11 $ 1,559,000
Rescue Mortgage Inc
10740 LYNDALE AVE S, SUITE 19E
BLOOMINGTON, MN 55420
* $ 1,507,000 11 $ 1,186,000
Marketplace Home Mortgage, LLC
7380 FRANCE AVE S, STE 200
EDINA, MN 55435
* $ 34,593,007,000 11 $ 2,250,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ 35,475,880,000 11 $ 1,376,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 11 $ 1,577,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 10 $ 1,398,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 58,597,476,000 10 $ 1,656,000
National Bank of Commerce
1127 TOWER AVE
SUPERIOR, WI 54880
* $ 525,286,000 9 $ 1,705,000
Hiway Credit Union
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 882,991,000 8 $ 508,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 7 $ 825,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 7 $ 908,000
Cashcall, Inc.
1 CITY BLVD WEST SUITE 1000
ORANGE, CA 92868
* $ 10,000,000 5 $ 879,000
Gfs Capital
6499 HAVENWOOD CIRCLE
HUNTINGTON BEACH, CA 92648
* $ 10,000,000 5 $ 572,000
Mpecu
30 W SUPERIOR ST. STE. 126
DULUTH, MN 55802
* $ 85,082,000 5 $ 688,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 5 $ 784,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 5 $ 1,014,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 5 $ 671,000
Homeowners Mortgage of America
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 5 $ 680,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 5 $ 623,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 94,795,926,000 5 $ 832,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 5 $ 506,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 4 $ 685,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,105,077,000 4 $ 476,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 169,076,807,000 4 $ 689,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ 4,028,990,000 4 $ 555,000
Harbor Pointe Credit Union
PO BOX 161558
DULUTH, MN 55802
* $ 82,360,000 4 $ 186,000
Residential Finance Corporatio
1 EASTON OVAL #400
COLUMBUS, OH 43219
* $ 17,533,484,000 4 $ 715,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 4 $ 382,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 3 $ 704,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 3 $ 512,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 3 $ 457,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,281,268,000 3 $ 334,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 543,088,000 3 $ 279,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,460,729,000 3 $ 626,000
Trustone Financial Credit Union
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 860,612,000 3 $ 220,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 119,444,656,000 3 $ 456,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 250,961,257,000 3 $ 190,000
Hermantown Federal Credit Unio
4477 LAVAQUE RD
HERMANTOWN, MN 55811
* $ 111,810,000 3 $ 45,000
Liberty Savings Bank, FSB
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 552,370,000 3 $ 551,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 3 $ 112,000
Republic Bank, Inc.
306 WEST SUPERIOR STREET
DULUTH, MN 55802
* $ 303,310,000 3 $ 541,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 3 $ 358,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ 1,603,436,000 3 $ 419,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 3 $ 654,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 2 $ 298,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ 32,120,000 2 $ 267,000
W. J. Bradley Mortgage Capital
6465 GREENWOOD PLAZA BLVD, SUITE 500
CENTENNIAL, CO 80111
* $ 10,000,000 2 $ 362,000
Affiliated Mortgage Company
5700 LEGACY DRIVE STE 10
PLANO, TX 75024
* $ 212,423,000 2 $ 227,000
Bbmc Mortgage, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 2 $ 415,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 2,608,821,000 2 $ 267,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 2 $ 272,000
Military Family Home Loans, Ll
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 1,102,281,049,000 2 $ 263,000
Lake Area Bank
12790 FIRST AVE N - PO BOX 743
LINDSTROM, MN 55045
* $ 276,313,000 2 $ 242,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 295,026,390,000 2 $ 313,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 6,680,971,000 2 $ 228,000
Endura Financial F. C. U.
820 N LILAC
MINNEAPOLIS, MN 55422
* $ 352,711,000 2 $ 341,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ 10,000,000 2 $ 277,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 209,365,000 2 $ 452,000
Pioneer National Bank of Duluth, the
331 N CENTRAL AVE
DULUTH, MN 55807
* $ 81,372,000 2 $ 227,000
Western National Bank
PO BOX 16050
DULUTH, MN 55816
* $ 129,133,000 2 $ 361,000
Go Mortgage, LLC

COLUMBUS, OH 43219
* $ 10,000,000 2 $ 284,000
Provincial Bank
PO BOX 459 20280 IBERIA AV
LAKEVILLE, MN 55044
* $ 76,882,000 2 $ 121,000
Citizens State Bank of Waverly
609 PACIFIC AVENUE
WAVERLY, MN 55390
* $ 62,642,000 2 $ 265,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 2 $ 307,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 2 $ 348,000
Caliber Funding LLC
6031 CONNECTION DRIVE, SUITE 200
IRVING, TX 75039
* $ 37,112,000 2 $ 452,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 1 $ 91,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 1 $ 192,000
Cobalt Mortgage, Inc.
11241 SLATER AVE NE, SUITE 200
KIRKLAND, WA 98033
* $ 10,000,000 1 $ 110,000
Service Finance Company, LLC
555 S FEDERAL HIGHWAY SUITE 200
BOCA RATON, FL 33432
* $ 10,000,000 1 $ 14,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 1 $ 109,000
First State Bank and Trust
950 N HWY
BAYPORT, MN 55003
* $ 212,030,000 1 $ 125,000
Unity Bank
1180 W 4TH STREET
RUSH CITY, MN 55069
* $ 185,857,000 1 $ 1,600,000
First State Bank of Sauk Centre
423 MAIN ST S
SAUK CENTRE, MN 56378
* $ 108,233,000 1 $ 104,000
Key Community Bank
5684 BISHOP AVENUE
INVER GROVE HEIGHTS, MN 55076
* $ 45,941,000 1 $ 95,000
Magnifi Financial Credit Union
20 4TH AVE SE
MELROSE, MN 56352
* $ 704,884,000 1 $ 161,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 270,671,000 1 $ 242,000
Mortgages Unlimited Inc.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ 1,518,000 1 $ 98,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ 10,000,000 1 $ 160,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 179,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 1 $ 203,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 1 $ 155,000
Lenderlive Network, LLC
710 S ASH
GLENDALE, CO 80246
* $ 17,900,000 1 $ 147,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 116,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 1 $ 147,000
Building Trades Federal Credit Union
12080 73RD AVE N
MAPLE GROVE, MN 55369
* $ 104,453,000 1 $ 70,000
Blackridgebank
4040 42ND ST SW, SUITE O
FARGO, ND 58104
* $ 363,295,000 1 $ 89,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 181,000
Chicago Mortgage Solutions LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ 10,000,000 1 $ 87,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 1 $ 200,000
BNC National Bank

BISMARCK, ND 58501
* $ 768,613,000 1 $ 238,000
Firefly
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 896,134,000 1 $ 59,000
National Bank of Kansas City
10700 NALL AVENUE
OVERLAND PARK, KS 66211
* $ 627,435,000 1 $ 124,000
Discover Home Loans, Inc.
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 73,491,315,000 1 $ 129,000
UBS Bank USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ 47,738,052,000 1 $ 204,000
Nycb Mortgage Company, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 1 $ 153,000
First National Bank of Layton
1601 N. HILLFIELD ROAD
LAYTON, UT 84041
* $ 268,686,000 1 $ 62,000
First National Community Bank
109 E. 2ND ST. PO BOX 89
NEW RICHMOND, WI 54017
* $ 168,567,000 1 $ 129,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 95,264,963,000 1 $ 140,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 82,086,021,000 1 $ 161,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 63,343,359,000 1 $ 173,000
Central Bank
2270 FRONTAGE RD WEST
STILLWATER, MN 55082
* $ 1,206,561,000 1 $ 26,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 23,260,580,000 1 $ 176,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 16,553,533,000 1 $ 262,000
Marine Credit Union
811 MONITOR STREET
LA CROSSE, WI 54601
* $ 414,584,000 1 $ 127,000
Royal Credit Union
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54702
* $ 1,295,129,000 1 $ 328,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,232,230,000 1 $ 178,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 949,559,000 1 $ 138,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 429,180,000 1 $ 162,000
Liberty Savings Bank FSB
111 7TH AVE S
SAINT CLOUD, MN 56301
* $ 185,148,000 1 $ 45,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 646,232,000 1 $ 25,000
Think Mutual Bank
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,453,067,000 1 $ 176,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ 826,484,000 1 $ 154,000
Amwest Funding Corp
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ 10,000,000 1 $ 129,000
Prospect Mortgage, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 1 $ 115,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 1 $ 134,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 1 $ 119,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 1 $ 185,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 88,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 1 $ 126,000
Ideal Credit Union
8499 TAMARACK ROAD
WOODBURY, MN 55125
* $ 539,589,000 1 $ 40,000
Homepromise Corporation
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ 100,000,000 1 $ 130,000

The tables below break down 2013 mortgage applications in Carlton County, MN by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Carlton County, MN in 2013

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 1,154 $161,233,000 $139,000 $1,600,000 $68,000 $852,000
Home Purchase 659 $89,819,000 $136,000 $492,000 $57,000 $384,000
Home Improvement 136 $9,699,000 $71,000 $388,000 $80,000 $626,000

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 1,605 $211,228,000 $131,000 $492,000 $70,000 $852,000
Not applicable 162 $26,135,000 $161,000 $1,600,000 $14,000 $216,000
Not Provided 119 $16,299,000 $136,000 $417,000 $69,000 $317,000
American Indian or Alaskan Native 47 $5,309,000 $112,000 $340,000 $63,000 $141,000
Hispanic 7 $885,000 $126,000 $238,000 $83,000 $115,000
Asian 5 $631,000 $126,000 $266,000 $66,000 $170,000
Black or African American 3 $109,000 $36,000 $63,000 $55,000 $64,000
Native Hawaiian or Other Pacific Islander 1 $155,000 $155,000 $155,000 $35,000 $35,000

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) 1,474 $192,382,000 $130,000 $492,000 $72,000 $852,000
FHA-insured (Federal Housing Administration) 233 $31,838,000 $136,000 $276,000 $39,000 $125,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 148 $19,593,000 $132,000 $1,600,000 $38,000 $84,000
VA-guaranteed (Veterans Administration) 94 $16,938,000 $180,000 $482,000 $57,000 $317,000

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 1,091 $143,804,000 $131,000 $492,000 $73,000 $626,000
Application Denied By Financial Institution 305 $38,975,000 $127,000 $1,600,000 $61,000 $852,000
Loan Purchased By The Institution 239 $35,221,000 $147,000 $336,000 $27,000 $312,000
Application Withdrawn By Applicant 193 $27,580,000 $142,000 $366,000 $76,000 $384,000
Application Approved But Not Accepted 68 $8,021,000 $117,000 $330,000 $63,000 $157,000
File Closed For Incompleteness 53 $7,150,000 $134,000 $293,000 $59,000 $180,000
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 101 $10,754,000 $106,000 $279,000 $58,000 $187,000
Collateral 59 $7,295,000 $123,000 $417,000 $74,000 $238,000
Debt-To-Income Ratio 43 $6,047,000 $140,000 $329,000 $49,000 $156,000
Credit Application Incomplete 16 $2,249,000 $140,000 $266,000 $120,000 $852,000
Other 12 $1,376,000 $114,000 $203,000 $75,000 $210,000
Unverifiable Information 7 $819,000 $117,000 $173,000 $60,000 $93,000
Employment History 2 $301,000 $150,000 $205,000 $12,000 $24,000
Insufficient Cash (Downpayment, Closing Cost) 2 $386,000 $193,000 $209,000 $85,000 $120,000
Mortgage Insurance Denied 1 $117,000 $117,000 $117,000 $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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