Carroll County, IN Mortgage Lenders & HMDA Data, 2015

In 2015, lenders reported 1,029 mortgage applications in Carroll County, IN totaling $113.5 million, up 36% from 2014. The average application was for $110,000, and applicants reported an average income of $68,000. 55% of applications resulted in an originated loan and 18% were denied. The most active lender was Regions Bank, with 64 applications, followed by First Merchants Bank, NA and Security Federal Savings Bank.

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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 1,029
Total Mortgage Loan Application Amount $113,498,000
Average Mortgage Loan Application Amount $110,000
Highest Mortgage Loan Application Amount $1,392,000
Average Applicant Income $68,000
Highest Applicant Income $2,606,000

Mortgage Company List for Lending in Carroll County, IN for 2015

* 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
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 118,801,412,000 64 $ 5,450,000
First Merchants Bank, NA
200 E. JACKSON ST.
MUNCIE, IN 47305
* $ 5,801,944,000 64 $ 6,023,000
Security Federal Savings Bank
314 4TH ST
LOGANSPORT, IN 46947
* $ 208,243,000 54 $ 5,235,000
Industrial Federal C. U.
1115 SAGAMORE PARKWAY SOUTH
LAFAYETTE, IN 47905
* $ 161,982,000 48 $ 1,935,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,532,784,000,000 40 $ 4,718,000
Purdue Federal CU
1551 WIN HENTSCHEL BLVD., PO BOX 2433
WEST LAFAYETTE, IN 47906
* $ 848,339,000 36 $ 4,243,000
Salin Bank and Trust Company
8455 KEYSTONE CROSSING DR.
INDIANAPOLIS, IN 46240
* $ 792,300,000 31 $ 2,308,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ 10,000,000 31 $ 4,296,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,074,981,000,000 28 $ 3,549,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 28 $ 2,816,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 26 $ 3,409,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 182,489,046,000 21 $ 2,319,000
American Mortgage Service Company
11503 SPRINGFIELD PIKE
CINCINNATI, OH 45246
* $ 10,000,000 21 $ 2,682,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 2,727,490,000 18 $ 2,729,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ 10,000,000 18 $ 4,497,000
Hallmark Home Mortgage, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ 2,915,000 18 $ 2,765,000
Premier Home Mortgage, Inc.
3024 TOWER RD
RAPID CITY, SD 57701
* $ 20,569,000 16 $ 1,623,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 7,873,796,000 16 $ 1,992,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 16 $ 1,717,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 15 $ 1,657,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 14 $ 1,925,000
First Financial Bank NA
255 EAST FIFTH STREET SUITE #900
CINCINNATI, OH 45202
* $ 7,197,993,000 14 $ 1,151,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 12 $ 1,237,000
The Farmers State Bank
309 S PRAIRIE STREET PO BOX
BROOKSTON, IN 47923
* $ 69,409,000 11 $ 1,359,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 10 $ 1,095,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 10 $ 1,652,000
Bank of Wolcott
PO BOX 336
WOLCOTT, IN 47995
* $ 145,328,000 9 $ 786,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 136,279,317,000 9 $ 1,169,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 66,111,039,000 9 $ 1,130,000
Lafayette Community Bank
301 SOUTH ST., P. O. BOX 779
LAFAYETTE, IN 47901
* $ 155,845,000 9 $ 337,000
The Farmers Bank
9 E CLINTON ST
FRANKFORT, IN 46041
* $ 463,608,000 9 $ 1,120,000
CU Channels
1551 WIN HENTSCHEL BLVD., PO BOX 2433
WEST LAFAYETTE, IN 47906
* $ 505,929,000 9 $ 1,124,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 8 $ 760,000
American Bank of Freedom
127 WEST HUDSON
WELLSVILLE, MO 63384
* $ 146,069,000 8 $ 721,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 7 $ 478,000
Alliance Bank
101 W MONTGOMERY ST.
FRANCESVILLE, IN 47946
* $ 318,479,000 7 $ 1,105,000
First Republic Mortgage
9120 OTIS AVE SUITE 201
INDIANAPOLIS, IN 46216
* $ 10,000,000 6 $ 554,000
The Fountain Trust Company
615 THIRD ST.
COVINGTON, IN 47932
* $ 274,014,000 6 $ 562,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 6 $ 954,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,356,442,000,000 6 $ 378,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 185,888,583,000 6 $ 116,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 335,060,015,000 6 $ 671,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 6 $ 632,000
Solidarity Community Federal Credit Union
201 SOUTHWAY BLVD EAST
KOKOMO, IN 46902
* $ 209,547,000 6 $ 530,000
Kentland Bank
PO BOX 145 612 E DUNLAP ST
KENTLAND, IN 47951
* $ 300,462,000 6 $ 197,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 5 $ 425,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 5 $ 584,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 5 $ 670,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,574,093,000,000 5 $ 653,000
Community First Bank of Ind
201 W SYCAMORE ST
KOKOMO, IN 46901
* $ 202,820,000 5 $ 500,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 4 $ 308,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ 52,388,000 4 $ 494,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 67,301,894,000 4 $ 538,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,808,214,000 4 $ 485,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 4 $ 532,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 3 $ 316,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 3 $ 347,000
Fowler State Bank
300 E 5TH ST
FOWLER, IN 47944
* $ 141,972,000 3 $ 359,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 451,471,000 3 $ 52,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 136,279,317,000 3 $ 205,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 63,635,411,000 3 $ 160,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 3 $ 642,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 3 $ 420,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 3 $ 637,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 9,314,575,000 3 $ 102,000
First Farmers Bank & Trust
123 N. JEFFERSON STREET
CONVERSE, IN 46919
* $ 1,334,488,000 3 $ 287,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 2 $ 335,000
Midwest Bank
200 EAST BROADWAY, P.O. BOX 440
MONMOUTH, IL 61462
* $ 425,492,000 2 $ 121,000
Elements Financial Federal Cre
225 S EAST ST, SUITE 300
INDIANAPOLIS, IN 46202
* $ 1,060,384,000 2 $ 270,000
Alliance Financial Resources
5410 EAST HIGH STREET SUITE 200
PHOENIX, AZ 85054
* $ 10,000,000 2 $ 376,000
Everwise Credit Union
110 S MAIN ST
SOUTH BEND, IN 46601
* $ 2,650,461,000 2 $ 129,000
Flagship Financial Group, Llc.
3130 W. MAPLE LOOP DR.
LEHI, UT 84043
* $ 0 2 $ 309,000
X - Financial Builders FCU - Deconverted
2828 S. LAFOUNTAIN ST
KOKOMO, IN 46904
* $ 73,552,000 2 $ 129,000
1st Source Bank
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46601
* $ 4,815,555,000 2 $ 554,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,071,910,000 2 $ 208,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 2 $ 416,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 2 $ 310,000
Gvc Mortgage, Inc.
ONE PLAZA DRIVE, SUITE 3
SUITE 200, IN 46064
* $ 10,000,000 2 $ 374,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ 100,000,000 2 $ 259,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 398,978,359,000 2 $ 231,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 91,782,513,000 2 $ 51,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 21,610,491,000 2 $ 284,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 26,653,631,000 2 $ 208,000
Discover Home Loans, Inc
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 83,125,845,000 2 $ 156,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,781,238,000 2 $ 170,000
Forum Credit Union
P.O. BOX 50738
INDIANAPOLIS, IN 46250
* $ 1,018,061,000 2 $ 117,000
Star Financial Bank
127 WEST BERRY ST
FORT WAYNE, IN 46802
* $ 1,749,201,000 2 $ 492,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 2 $ 120,000
Keller Mortgage, LLC

AUSTIN, TX 78746
* $ 10,000,000 2 $ 334,000
The Farmers & Merchants Bank
302 S. OLD U.S. HIGHWAY 41 P.O. BOX 519
BOSWELL, IN 47921
* $ 119,719,000 2 $ 176,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 2 $ 194,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 2 $ 141,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 2 $ 213,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 102,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 1 $ 192,000
Busey Bank
100 W UNIVERSITY AVE
CHAMPAIGN, IL 61820
* $ 3,603,427,000 1 $ 6,000
Republic Bank & Trust
601 W MARKET ST
LOUISVILLE, KY 40202
* $ 3,742,760,000 1 $ 284,000
Live Well Financial, Inc.
1011 BOULDER SPRINGS DRIVE
RICHMOND, VA 23225
* $ 176,870,000 1 $ 48,000
Compass Mortgage, Inc.
27755 DIEHL ROAD, STE 100
WARRENVILLE, IL 60555
* $ 10,000,000 1 $ 126,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 1 $ 59,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 1 $ 136,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 1 $ 140,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 216,602,000 1 $ 133,000
The Home National Bank of Thorntown
117 E MAIN STREET
THORNTOWN, IN 46071
* $ 104,711,000 1 $ 63,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 185,888,583,000 1 $ 157,000
Residential Acceptance Corporation
5027 W LAUREL ST
TAMPA, FL 33607
* $ 10,000,000 1 $ 155,000
Dollar Bank, FSB
#3 GATEWAY CENTER, SEVEN WEST
PITTSBURGH, PA 15222
* $ 6,984,312,000 1 $ 440,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 395,549,000 1 $ 90,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 104,474,692,000 1 $ 204,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 95,920,564,000 1 $ 203,000
Wolfe Financial Inc
191 H NC HIGHWAY 42 NORTH
ASHEBORO, NC 27203
* $ 10,000,000 1 $ 203,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,761,042,000 1 $ 29,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 97,496,905,000 1 $ 30,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 255,011,219,000 1 $ 69,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ 10,000,000 1 $ 181,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 1 $ 89,000
Peoples Bank of Kankakee County
315 MAIN NW
BOURBONNAIS, IL 60914
* $ 188,245,000 1 $ 90,000
First Bank of Berne
222 HERTIGIAGE TR
BERNE, IN 46711
* $ 549,138,000 1 $ 120,000
Demotte State Bank
PO BOX 400
DEMOTTE, IN 46310
* $ 364,254,000 1 $ 120,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 145,000
Origin Bank

HOUSTON, TX 77024
* $ 3,713,197,000 1 $ 95,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 166,793,000 1 $ 65,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 972,551,000 1 $ 152,000
Bbmc Mortgage, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 1 $ 213,000
United Federal Credit Union
2807 SOUTH STATE ST
ST. JOSEPH, MI 49085
* $ 1,834,761,000 1 $ 323,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 1 $ 51,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 196,000
Gateway Mortgage Group, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 10,000,000 1 $ 62,000
Platinum Home Mortgage Corporation
2200 HICKS RD, STE 101
SPRINGFIELD, IL 60008
* $ 10,000,000 1 $ 114,000
American Equity Mortgage, Inc.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 1 $ 132,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 1 $ 174,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 1 $ 88,000
1st Signature Lending, LLC
9800 CROSSPOINT BLVD.
INDIANAPOLIS, IN 46256
* $ 1,028,000 1 $ 76,000
Access National Bank
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 1,052,329,000 1 $ 55,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,281,397,000 1 $ 193,000
Pulaski Bank, NA
12300 OLIVE BLVD
ST LOUIS, MO 63141
* $ 1,425,574,000 1 $ 171,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 479,751,000 1 $ 180,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 79,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 1 $ 72,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 147,000
Marquette Bank
6316 S WESTERN AVE
CHICAGO, IL 60636
* $ 1,511,567,000 1 $ 173,000
Illini Bank
3200 W. ILES AVENUE
SPRINGFIELD, IL 62711
* $ 291,766,000 1 $ 141,000
Delta Community Credit Union
3270 RIVERWOOD PKWY
ATLANTA, GA 30339
* $ 4,663,901,000 1 $ 157,000

The tables below break down 2015 mortgage applications in Carroll County, IN by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Carroll County, IN in 2015

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 477 $60,520,000 $126,000 $1,392,000 $73,000 $2,606,000
Refinancing 437 $48,599,000 $111,000 $755,000 $66,000 $2,591,000
Home Improvement 115 $4,379,000 $38,000 $237,000 $57,000 $283,000

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 860 $92,263,000 $107,000 $600,000 $67,000 $652,000
Not applicable 96 $10,509,000 $109,000 $284,000 $40,000 $2,606,000
Not Provided 49 $8,446,000 $172,000 $1,392,000 $145,000 $2,591,000
Hispanic 18 $1,571,000 $87,000 $199,000 $56,000 $185,000
Asian 3 $452,000 $150,000 $242,000 $17,000 $28,000
American Indian or Alaskan Native 2 $177,000 $88,000 $134,000 $29,000 $59,000
Native Hawaiian or Other Pacific Islander 1 $80,000 $80,000 $80,000 $59,000 $59,000
Black or African American 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) 677 $72,808,000 $107,000 $1,392,000 $83,000 $2,606,000
FHA-insured (Federal Housing Administration) 186 $20,578,000 $110,000 $278,000 $39,000 $136,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 91 $9,453,000 $103,000 $230,000 $32,000 $68,000
VA-guaranteed (Veterans Administration) 75 $10,659,000 $142,000 $306,000 $50,000 $202,000

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 561 $62,881,000 $112,000 $1,392,000 $82,000 $2,606,000
Application Denied By Financial Institution 187 $17,512,000 $93,000 $440,000 $57,000 $283,000
Loan Purchased By The Institution 120 $14,204,000 $118,000 $356,000 $24,000 $275,000
Application Withdrawn By Applicant 98 $11,007,000 $112,000 $365,000 $56,000 $216,000
Application Approved But Not Accepted 42 $5,334,000 $127,000 $267,000 $87,000 $648,000
File Closed For Incompleteness 21 $2,560,000 $121,000 $336,000 $59,000 $202,000
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 42 $2,491,000 $59,000 $200,000 $55,000 $127,000
Collateral 32 $3,652,000 $114,000 $440,000 $73,000 $281,000
Debt-To-Income Ratio 16 $1,400,000 $87,000 $176,000 $46,000 $200,000
Credit Application Incomplete 8 $1,369,000 $171,000 $417,000 $80,000 $181,000
Other 5 $234,000 $46,000 $90,000 $49,000 $98,000
Unverifiable Information 4 $380,000 $95,000 $134,000 $66,000 $86,000
Employment History 4 $231,000 $57,000 $102,000 $48,000 $70,000
Insufficient Cash (Downpayment, Closing Cost) 4 $345,000 $86,000 $131,000 $37,000 $100,000
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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