Cherokee County NC
Mortgage Loan Application
Totals and Details
for 2015

Find mortgage statistics and lending data for the Cherokee County NC metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2021.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near Cherokee County NC, this may help give you an idea of what you might find when you begin your mortgage research. Use the mortgage lender list and statistics below to gain valuable insights.

Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,292
Total Mortgage Loan Application Amount $162,634,000
Average Mortgage Loan Application Amount $125,000
Highest Mortgage Loan Application Amount $560,000
Average Applicant Income $65,000
Highest Applicant Income $1,200,000

Mortgage Company List for Lending in Cherokee County NC 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
STATE EMPLOYEES'
P.O. DRAWER 25279
RALEIGH, NC 27611
* $ 29,477,544,000 128 $ 15,329,000
UNITED COMMUNITY BANK
PO BOX 398
BLAIRSVILLE, GA 30512
* $ 7,530,159,000 115 $ 10,418,000
HOMESTAR FINANCIAL CORPORATION
332 WASHINGTON STREET, NW
GAINESVILLE, GA 30501
* $ 45,240,000 104 $ 13,335,000
LOCAL GOVERNMENT FEDERAL CREDIT UNION
P.O. DRAWER 25279
RALEIGH, NC 27611
* $ 1,458,059,000 62 $ 7,792,000
TRUIST BANK
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 182,489,046,000 54 $ 6,366,000
ENTEGRA BANK
14 ONE CENTER COURT
FRANKLIN, NC 28734
* $ 903,208,000 49 $ 5,957,000
WELLS FARGO BANK, NATIONAL ASSOCIATION
100 N MAIN STREET MAC D4001-042
WINSTON-SALEM, NC 27150
* $ 1,532,784,000,000 48 $ 5,844,000
LOANDEPOT.COM, LLC
26642 TOWNE CENTRE DRIVE
FOOTHILL RANCH, CA 92610
* $ 138,031,000 48 $ 7,140,000
NATIONSTAR MORTGAGE LLC
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 39 $ 4,695,000
PRIMARY CAPITAL
1000 PARKWOOD CIRCLE, SUITE 600
ATLANTA, GA 30339
* $ 10,000,000 36 $ 5,157,000
JPMORGAN CHASE BANK, NATIONAL ASSOCIATION
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,074,981,000,000 31 $ 3,469,000
STATE FARM BANK, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,808,214,000 29 $ 3,285,000
MIDLAND STATES BANK
1201 NETWORK CENTRE DRIVE
EFFINGHAM, IL 62401
* $ 1,790,595,000 27 $ 4,149,000
FIRST-CITIZENS BANK & TRUST COMPANY
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27609
* $ 21,553,919,000 25 $ 2,436,000
PNC BANK, NATIONAL ASSOCIATION
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 335,060,015,000 22 $ 1,411,000
BANK OF AMERICA, NATIONAL ASSOCIATION
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,574,093,000,000 20 $ 2,567,000
FREEDOM MORTGAGE CORPORATION
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 17 $ 2,534,000
AMERIHOME MORTGAGE COMPANY, LLC
21215 BURBANK BLVD, SUITE 400
WOODLAND HILLS, CA 91367
* $ 10,000,000 15 $ 1,706,000
VANDERBILT MORTGAGE AND FINANCE, INC.
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 13 $ 771,000
SUNTRUST MORTGAGE, INC.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 185,888,583,000 12 $ 2,122,000
NEW DAY FINANCIAL, LLC
8160 MAPLE LAWN BLVD.
FULTON, MD 20759
* $ 4,088,336,000 12 $ 2,569,000
MORTGAGE RESEARCH CENTER, LLC
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 12 $ 1,570,000
RELIANCE FIRST CAPITAL, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 11 $ 1,756,000
NAVY FEDERAL CREDIT UNION
820 FOLLIN LANE
VIENNA, VA 22180
* $ 63,635,411,000 10 $ 1,339,000
USAA FEDERAL SAVINGS BANK
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 67,301,894,000 10 $ 1,096,000
U.S. BANK NATIONAL ASSOCIATION
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 398,978,359,000 10 $ 1,200,000
STEARNS LENDING, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 10 $ 1,303,000
PARK STERLING BANK
1043 E MOREHEAD ST, STE 201
CHARLOTTE, NC 28204
* $ 2,356,416,000 10 $ 834,000
EMBRACE HOME LOANS, INC.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 10 $ 1,125,000
CITIBANK, NATIONAL ASSOCIATION
1 COURT SQUARE,43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,356,442,000,000 9 $ 945,000
DITECH FINANCIAL LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 8 $ 1,113,000
NETWORK CAPITAL FUNDING CORPORATION
5 PARK PLAZA #800
IRVINE, CA 92614
* $ 52,388,000 8 $ 1,481,000
CAROLINA FARM CREDIT, ACA
P O BOX 1827
STATESVILLE, NC 28625
* $ 10,000,000 7 $ 1,290,000
PENNYMAC LOAN SERVICES LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 7 $ 1,093,000
TD BANK, NATIONAL ASSOCIATION
2035 LIMESTONE ROAD
WILMINGTON, DE 19808
* $ 230,280,000,000 7 $ 1,021,000
CITIMORTGAGE, INC.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 7 $ 673,000
CARDINAL FINANCIAL COMPANY, LIMITED PARTNERSHIP
3701 ARCO CORPORATE DR., SUITE 200
CHARLOTTE, NC 28273
* $ 10,000,000 7 $ 1,572,000
NEWREZ LLC
4000 CHEMICAL ROAD SUITE 200
PLYMOUTH MEETING, PA 19462
* $ 10,000,000 6 $ 1,031,000
CRESCENT MORTGAGE COMPANY
6600 PEACHTREE DUNWOODY ROAD SUITE 650
ATLANTA, GA 30328
* $ 826,484,000 6 $ 747,000
FIRST GUARANTY MORTGAGE CORPORATION
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 5 $ 543,000
PACIFIC UNION FINANCIAL, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 5 $ 642,000
FLAGSTAR BANK
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 9,779,461,000 5 $ 761,000
PENTAGON FEDERAL CREDIT UNION
7940 JONES BRANCH DRIVE
TYSONS, VA 22102
* $ 17,796,419,000 5 $ 677,000
REGIONS BANK
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 118,801,412,000 5 $ 321,000
CREDIT HUMAN FEDERAL CREDIT UNION
6061 IH 10 WEST
SAN ANTONIO, TX 78201
* $ 2,761,042,000 4 $ 284,000
TIAA, FSB
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 21,610,491,000 4 $ 444,000
THE MONEY SOURCE INC.
135 MAXESS ROAD
MELVILLE, NY 11747
* $ 10,000,000 4 $ 713,000
21ST MORTGAGE CORPORATION
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 4 $ 256,000
BBMC MORTGAGE, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 3 $ 504,000
MOVEMENT MORTGAGE, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 3 $ 210,000
HOMESIDE FINANCIAL, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ 29,436,748,000 3 $ 594,000
BARRONS MORTGAGE GROUP LTD
3325 SOUTH TRYON STREET
CHARLOTTE, NC 28217
* $ 6,353,000 3 $ 300,000
IFREEDOM DIRECT CORPORATION
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 3 $ 467,000
SUNCOAST CREDIT UNION
6801 E HILLSBOROUGH AVE
TAMPA, FL 33610
* $ 5,990,780,000 3 $ 335,000
PRIMELENDING, A PLAINSCAPITAL COMPANY
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,685,931,000 3 $ 515,000
PEOPLES BANK
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 447,877,000 3 $ 472,000
SILVERTON MORTGAGE SPECIALISTS, INC.
1201 PEACHTREE STREET NE STE 2050
ATLANTA, GA 30361
* $ 10,000,000 3 $ 472,000
CALIBER HOME LOANS, INC.
1525 S. BELTLINE ROAD
COPPELL, TX 75019
* $ 1,543,699,000 3 $ 314,000
SOUTH STATE BANK
520 GERVAIS STREET
COLUMBIA, SC 29201
* $ 7,827,707,000 3 $ 657,000
DISCOVER HOME LOANS, INC
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 83,125,845,000 3 $ 363,000
CITIZENS BANK, NATIONAL ASSOCIATION
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 102,971,333,000 2 $ 307,000
SUNTRUST BANK
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 185,888,583,000 2 $ 23,000
AMERICAN FINANCIAL NETWORK, INC.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ 10,000,000 2 $ 343,000
CORRIDOR MORTGAGE GROUP, INC.
11085 STRATFIELD COURT
MARRIOTTSVILLE, MD 21104
* $ 605,000,000 2 $ 232,000
ADMIRALS BANK
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 451,471,000 2 $ 74,000
FINANCE OF AMERICA MORTGAGE LLC
300 WELSH ROAD BUILDING 5
HORSHAM, PA 19044
* $ 10,000,000 2 $ 329,000
AMERISAVE MORTGAGE CORPORATION
3525 PIEDMONT RD NE, 8 PIEDMONT CTR STE
ATLANTA, GA 30305
* $ 8,994,122,000 2 $ 497,000
PLAZA HOME MORTGAGE, INC.
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 2 $ 217,000
HOME POINT FINANCIAL CORPORATION
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 2 $ 343,000
BROKER SOLUTIONS, INC.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 2 $ 302,000
CBC NATIONAL BANK
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 421,354,000 2 $ 384,000
FIRST DIRECT LENDING LLC
15261 LAGUNA CANYON ROAD, SUITE 200
IRVINE, CA 92618
* $ 0 2 $ 324,000
WYNDHAM CAPITAL MORTGAGE, INC.
6115 PARK SOUTH DRIVE, STE 200
CHARLOTTE, NC 28210
* $ 10,000,000 2 $ 507,000
PEOPLES BANK OF EAST TENNESSEE
4511 U.S. HWY 411
MADISONVILLE, TN 37354
* $ 216,873,000 2 $ 154,000
NATIONS LENDING CORPORATION
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 2 $ 325,000
ANDREWS FEDERAL CREDIT UNION
5711 ALLENTOWN ROAD
SUITLAND, MD 20746
* $ 1,096,436,000 2 $ 305,000
RENASANT BANK
209 TROY ST., P.O. BOX 709
TUPELO, MS 38802
* $ 5,785,742,000 2 $ 618,000
FIRSTBANK
11 CHANNING WAY
JACKSON, TN 38305
* $ 2,424,729,000 1 $ 122,000
SUN WEST MORTGAGE COMPANY, INC.
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 170,000
CMG MORTGAGE, INC.
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583
* $ 100,000,000 1 $ 190,000
EMPOWER FEDERAL CREDIT UNION
1 MEMBER WAY
SYRACUSE, NY 13212
* $ 1,291,549,000 1 $ 122,000
FIRST FEDERAL BANK
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 972,551,000 1 $ 323,000
FIRST NATIONAL ACCEPTANCE COMPANY
241 EAST SAGINAW/P.O. BOX 980
EAST LANSING, MI 48826
* $ 10,498,000 1 $ 47,000
PROVIDENT FUNDING ASSOCIATES, L.P.
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 10,000,000 1 $ 400,000
HOMEBRIDGE FINANCIAL SERVICES, INC.
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 1 $ 95,000
ALLIED MORTGAGE GROUP, INC.
225 E. CITY AVENUE, SUITE 102
BALA CYNWYD, PA 19004
* $ 10,000,000 1 $ 194,000
FIRST COMMUNITY MORTGAGE, INC.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 1 $ 187,000
FIRST MORTGAGE COMPANY, L.L.C.
6701 NORTH BROADWAY, SUITE 400
OKLAHOMA CITY, OK 73116
* $ 28,000,000 1 $ 124,000
FIRST INTERNET BANK OF INDIANA
11201 USA PARKWAY
FISHERS, IN 46037
* $ 968,312,000 1 $ 362,000
PROFICIO BANK
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 161,483,000 1 $ 48,000
CROSSCOUNTRY MORTGAGE, INC.
6850 MILLER RD
BRECKSVILLE, OH 44141
* $ 10,000,000 1 $ 147,000
ON Q FINANCIAL, INC.
4800 SCOTTSDALE RD SUITE 5500
SCOTTSDALE, AZ 85251
* $ 10,000,000 1 $ 151,000
AMERICAN INTERNET MORTGAGE, INC.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 400,000
SOUTHWEST STAGE FUNDING, LLC
3345 S. VAL VISTA DRIVE, SUITE 300
GILBERT, AZ 85297
* $ 5,889,539,000 1 $ 171,000
CAPITAL CENTER, L.L.C.
4510 COX ROAD STE 402
GLEN ALLEN, VA 23060
* $ 10,000,000 1 $ 162,000
J.G. WENTWORTH HOME LENDING, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 165,000
BANC OF CALIFORNIA, NATIONAL ASSOCIATION
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 5,958,502,000 1 $ 560,000
NORTH AMERICAN SAVINGS BANK, F.S.B.
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,281,397,000 1 $ 133,000
HOWARD BANK
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 691,345,000 1 $ 101,000
MONARCH BANK
1435 CROSSWAYS BOULEVARD, SUITE 101
CHESAPEAKE, VA 23320
* $ 1,066,426,000 1 $ 220,000
CAPITAL BANK, NATIONAL ASSOCIATION
ONE CHURCH ST SUITE 300
ROCKVILLE, MD 20850
* $ 612,661,000 1 $ 248,000
GUILD MORTGAGE COMPANY
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 1 $ 284,000
CREDIT UNION OF GEORGIA
3048 EAGLE DRIVE
WOODSTOCK, GA 30189
* $ 229,434,000 1 $ 126,000
GEORGIA UNITED
6705 SUGARLOAF PARKWAY
DULUTH, GA 30097
* $ 997,728,000 1 $ 70,000
TOWER
7901 SANDY SPRING ROAD
LAUREL, MD 20707
* $ 2,642,432,000 1 $ 101,000
BRAND MORTGAGE GROUP, LLC
1255 LAKES PARKWAY, BLDG 300, ST 200
LAWRENCEVILLE, GA 30043
* $ 1,865,407,000 1 $ 142,000
AMERICAN FEDERAL MORTGAGE CORPORATION
360 ROUTE 24
CHESTER, NJ 07930
* $ 51,703,000 1 $ 196,000
AMERICAN FINANCIAL RESOURCES, INC.
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 50,000
EQUITY RESOURCES, INC.
PO BOX 5177
NEWARK, OH 43058
* $ 16,280,000 1 $ 135,000
VILLAGE CAPITAL & INVESTMENT LLC
2863 ST. ROSE PARKWAY
HENDERSON, NV 89052
* $ 11,000,000 1 $ 143,000
FINANCE OF AMERICA REVERSE LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 1 $ 48,000
AMERICAN ADVISORS GROUP
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 1 $ 31,000
SIRVA MORTGAGE, INC.
6200 OAK TREE BLVD STE 300
INDEPENDENCE, OH 44131
* $ 101,315,000 1 $ 120,000
GUARANTEED RATE, INC.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 107,000
FIDELITY BANK
3 CORPORATE BLVD NE
ATLANTA, GA 30329
* $ 3,083,087,000 1 $ 126,000
R M K FINANCIAL CORP.
1819 S. EXCISE AVENUE
ONTARIO, CA 91761
* $ 16,639,000 1 $ 141,000
KONDAUR CAPITAL CORPORATION
333 S ANITA DR STE 400
ORANGE, CA 92868
* $ 54,713,000 1 $ 79,000
MIDFIRST BANK
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,781,238,000 1 $ 144,000
THE FEDERAL SAVINGS BANK
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60607
* $ 216,602,000 1 $ 195,000
CADENCE BANK, N.A.
2100 3RD AVE N
BIRMINGHAM, AL 35203
* $ 7,925,450,000 1 $ 130,000
BANK OF ENGLAND
PO BOX 70
ENGLAND, AR 72046
* $ 321,539,000 1 $ 175,000
MILEND, INC.
375 NORTHRIDGE RD, SUITE 600
ATLANTA, GA 30350
* $ 10,000,000 1 $ 165,000
CIS FINANCIAL SERVICES, INC.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ 14,200,000 1 $ 141,000
PHH MORTGAGE CORPORATION
1 MORTGAGE WAY
MT LAUREL, NJ 08054
* $ 31,000,000 1 $ 110,000
AMERICAN NEIGHBORHOOD MORTGAGE ACCEPTANCE COMPANY LLC
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ 4,464,000 1 $ 180,000
ANGEL OAK HOME LOANS LLC
3600 PEACHTREE ROAD NW, SUITE 500
ATLANTA, GA 30305
* $ 0 1 $ 85,000
360 MORTGAGE GROUP, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 1 $ 207,000
DISCOVER BANK
12 READS WAY
NEW CASTLE, DE 19720
* $ 81,661,915,000 1 $ 25,000
BOKF, NATIONAL ASSOCIATION
ONE WEST 3RD, 5TH FL
TULSA, OK 74103
* $ 28,953,664,000 1 $ 111,000
HANCOCK WHITNEY BANK
2510 14TH STREET
GULFPORT, MS 39501
* $ 20,632,572,000 1 $ 245,000
WAVE FEDERAL CREDIT UNION
480 GREENWICH AVENUE
WARWICK, RI 02886
* $ 107,813,000 1 $ 140,000
FIRST NATIONAL BANK OF AMERICA
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 668,685,000 1 $ 32,000
ROYAL UNITED MORTGAGE LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46250
* $ 1,000,000,000 1 $ 83,000
FIRST SOUTH BANK
1311 CAROLINA AVE
WASHINGTON, NC 27889
* $ 885,235,000 1 $ 176,000
NYCB MORTGAGE COMPANY, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 1 $ 118,000
FIFTH THIRD MORTGAGE COMPANY
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 136,279,317,000 1 $ 227,000

The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Mortgage Loan Application Detail Totals for Cherokee County NC 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 682 $85,024,000 $124,000 $417,000 $66,000 $720,000
Refinancing 526 $73,673,000 $140,000 $560,000 $68,000 $1,200,000
Home Improvement 84 $3,937,000 $46,000 $238,000 $47,000 $266,000

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 1,049 $130,739,000 $124,000 $541,000 $68,000 $1,200,000
Not Provided 95 $12,877,000 $135,000 $560,000 $80,000 $720,000
Not applicable 92 $11,283,000 $122,000 $320,000 $7,000 $120,000
Hispanic 20 $2,740,000 $137,000 $417,000 $77,000 $247,000
American Indian or Alaskan Native 16 $1,575,000 $98,000 $194,000 $44,000 $84,000
Black or African American 14 $2,182,000 $155,000 $475,000 $72,000 $171,000
Asian 6 $1,238,000 $206,000 $338,000 $161,000 $479,000
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) 1,004 $120,096,000 $119,000 $560,000 $73,000 $1,200,000
VA-guaranteed (Veterans Administration) 156 $25,045,000 $160,000 $541,000 $48,000 $235,000
FHA-insured (Federal Housing Administration) 94 $12,969,000 $137,000 $261,000 $32,000 $137,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 38 $4,524,000 $119,000 $281,000 $24,000 $69,000

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 603 $75,511,000 $125,000 $417,000 $70,000 $479,000
Application Denied By Financial Institution 286 $33,260,000 $116,000 $475,000 $61,000 $1,200,000
Loan Purchased By The Institution 180 $23,368,000 $129,000 $405,000 $43,000 $327,000
Application Withdrawn By Applicant 136 $18,075,000 $132,000 $560,000 $73,000 $734,000
File Closed For Incompleteness 57 $7,789,000 $136,000 $541,000 $72,000 $538,000
Application Approved But Not Accepted 29 $4,481,000 $154,000 $258,000 $94,000 $385,000
Preapproval Denied by Financial Institution 1 $150,000 $150,000 $150,000 $37,000 $37,000
Preapproval Approved but not Accepted 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
Debt-To-Income Ratio 46 $5,525,000 $120,000 $475,000 $36,000 $96,000
Credit History 44 $3,908,000 $88,000 $400,000 $50,000 $240,000
Collateral 34 $4,313,000 $126,000 $400,000 $104,000 $720,000
Credit Application Incomplete 17 $2,281,000 $134,000 $373,000 $66,000 $308,000
Insufficient Cash (Downpayment, Closing Cost) 8 $728,000 $91,000 $187,000 $49,000 $69,000
Other 6 $750,000 $125,000 $192,000 $40,000 $85,000
Employment History 4 $521,000 $130,000 $175,000 $60,000 $120,000
Unverifiable Information 3 $617,000 $205,000 $281,000 $62,000 $69,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

We hope these details for mortgage applications and lending statistics will give you a better idea of what to expect when applying for a mortgage. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.

If you prefer, you can download a copy of the entire list of mortgage lenders in North Carolina, and search similar information back through 2003.

Download the North Carolina Lender List