Cherokee County, TX Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 1,251 mortgage applications in Cherokee County, TX totaling $134.8 million, up 8% from 2010. The average application was for $107,000, and applicants reported an average income of $74,000. 45% of applications resulted in an originated loan and 24% were denied. The most active lender was Austin Bank, Texas National Association, with 181 applications, followed by Vanderbilt Mortgage and Finance, Inc and Wells Fargo Bank 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 1,251
Total Mortgage Loan Application Amount $134,807,000
Average Mortgage Loan Application Amount $107,000
Highest Mortgage Loan Application Amount $545,000
Average Applicant Income $74,000
Highest Applicant Income $684,000

Mortgage Company List for Lending in Cherokee County, TX 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
Austin Bank, Texas National Association
PO BOX 1537
JACKSONVILLE, TX 75766
* $ 1,245,053,000 181 $ 17,941,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 87 $ 4,868,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,104,833,000,000 71 $ 9,856,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 58 $ 3,002,000
Texas National Bank of Jacksonville
1518 E GRANDE BLVD
TYLER, TX 75703
* $ 272,638,000 54 $ 2,841,000
Capital One NA
11130 INDUSTRIPLEX BLVD
BATON ROUGE, LA 70809
* $ 70,506,963,000 49 $ 1,955,000
Southside Bank
1201 S BECKHAM
TYLER, TX 75701
* $ 2,994,218,000 47 $ 7,029,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 42 $ 5,157,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 39 $ 5,150,000
Prosperity Bank
1301 N MECHANIC
EL CAMPO, TX 77437
* $ 9,472,521,000 35 $ 3,136,000
Kilgore National Bank
410 N KILGORE STREET
KILGORE, TX 75662
* $ 78,737,000 30 $ 3,505,000
Verabank,N.A.
P.O. BOX 1009
HENDERSON, TX 75653
* $ 867,247,000 29 $ 3,900,000
Altra Federal Credit Union
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ 781,696,000 25 $ 3,446,000
Citizens 1st Bank
PO BOX 630908
NACOGDOCHES, TX 75963
* $ 729,103,000 20 $ 1,835,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 19 $ 3,162,000
Commercial Bank of Texas, NA
215 E MAIN ST
NACOGDOCHES, TX 75961
* $ 408,784,000 19 $ 2,562,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 19 $ 2,085,000
Cadence Bank
P O BOX 789
TUPELO, MS 38804
* $ 13,362,287,000 18 $ 1,401,000
Ntfn, Inc.
700 STATE HIGHWAY 121, SUITE 100
PLANO, TX 75067
* $ 10,000,000 17 $ 2,410,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,796,328,000 15 $ 1,623,000
Great Western Financial Services, Inc.
5408 W PLANO PKWY
PLANO, TX 75093
* $ 10,000,000 12 $ 2,177,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 126,719,736,000 12 $ 1,643,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 48,783,813,000 10 $ 1,181,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 10 $ 1,047,000
United Built Homes, LLC
8500 LINE AVE
SHREVEPORT, LA 71106
* $ 59,713,000 10 $ 1,493,000
First Federal Bank Texas
1200 SOUTH BECKHAM AVE
TYLER, TX 75701
* $ 220,791,000 10 $ 1,869,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 10 $ 994,000
Tib the Independent Bankersban
11701 LUNA ROAD
FARMERS BRANCH, TX 75234
* $ 2,285,632,000 8 $ 1,343,000
Citifinancial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 8 $ 416,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 8 $ 1,012,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 8 $ 603,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 7 $ 985,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 162,509,568,000 7 $ 1,180,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 7 $ 422,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 7 $ 797,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 5,285,622,000 7 $ 858,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 12,522,585,000 6 $ 1,493,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 6 $ 734,000
United Heritage Credit Union
12208 N MOPAC EXPY
AUSTIN, TX 78759
* $ 651,696,000 6 $ 679,000
Cendera Funding Inc.
3600 BENBROOK HWY
FORT WORTH, TX 76116
* $ 1,141,000 6 $ 818,000
Wr Starkey Mortgage LLP
6101 WEST PLANO PARKWAY
PLANO, TX 75093
* $ 10,000,000 6 $ 919,000
Aspire Financial Inc
4100 ALPHA RD #112
DALLAS, TX 75244
* $ 10,000,000 6 $ 441,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 5 $ 525,000
R.H. Lending, Inc.
6209 COLLEYVILLE BLVD.
COLLEYVILLE, TX 76034
* $ 10,000,000 5 $ 476,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,216,291,000,000 5 $ 711,000
East Texas Professional C.U.
409 E. LOOP 281
LONGVIEW, TX 75605
* $ 454,994,000 5 $ 161,000
Texas Bank and Trust
PO BOX 3188
LONGVIEW, TX 75601
* $ 1,290,933,000 5 $ 700,000
Beacon Federal
PO BOX 186, 6611 MANLIUS CENTER ROAD
EAST SYRACUSE, NY 13057
* $ 1,032,683,000 5 $ 628,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,054,163,000 4 $ 377,000
Ab Community Investment Company
3400 W MARSHALL AVE
LONGVIEW, TX 75604
* $ 579,000,000 4 $ 220,000
Texas Bank
P O BOX 1190
HENDERSON, TX 75652
* $ 254,622,000 4 $ 135,000
First Continental Mortgage, Ltd.
11011 RICHMOND AVENUE, SUITE 800
HOUSTON, TX 77072
* $ 10,000,000 4 $ 329,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 4 $ 840,000
Town Square Mortgage & Investments LLC
17300 DALLAS PKWY, STE 1030
DALLAS, TX 75248
* $ 1,000,000,000 4 $ 311,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 4 $ 289,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 3 $ 744,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 3 $ 512,000
Qr Lending Inc
555 ZOR SHRINE PLACE
MADISON, WI 53719
* $ 1,093,327,000 3 $ 553,000
Gateway Mortgage Group, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 10,000,000 3 $ 254,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 3 $ 694,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD, SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 3 $ 419,000
Citicorp Trust Bank, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 11,750,980,000 3 $ 164,000
Prospect Mortgage, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 2 $ 410,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 2 $ 204,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ 14,200,000 2 $ 213,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 2 $ 183,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 2 $ 237,000
Nations Reliable Lending, LLC

HOUSTON, TX 77057
* $ 10,000,000 2 $ 245,000
First Residential Mortgage
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 2 $ 160,000
Guardian Mortgage Company, Inc
100 N. CENTRAL EXPRESSWAY SUITE 190
RICHARDSON, TX 75083
* $ 10,000,000 2 $ 558,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 2 $ 328,000
Thrive Mortgage, LLC
4819 WILLIAMS DRIVE
CARROLLTON, TX 78633
* $ 917,364,000 2 $ 460,000
Spring Hill State Bank
3700 GILMER ROAD
LONGVIEW, TX 75604
* $ 161,498,000 2 $ 88,000
First Bank & Trust East Texas
104 N TEMPLE BLVD
DIBOLL, TX 75941
* $ 773,588,000 2 $ 221,000
Randolph-Brooks Federal Credit Union
PO BOX 2097
UNIVERSAL CITY, TX 78148
* $ 4,184,167,000 2 $ 319,000
Credit Union of Texas
8131 LBJ FREEWAY, SUITE 500
ALLEN, TX 75013
* $ 996,420,000 2 $ 106,000
Texas Trust Credit Union
5080 W IH 20
ARLINGTON, TX 76017
* $ 693,511,000 2 $ 116,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 10,788,420,000 2 $ 312,000
Metlife Bank, N.A.
1555 WEST WALNUT HILL LANE, STE. 200
IRVING, TX 75038
* $ 16,490,790,000 2 $ 172,000
Onemain Financial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 0 2 $ 81,000
Edward Jones Mortgage, LLC
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 608,783,443,000 1 $ 156,000
US Bk NA Nd
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,955,059,000 1 $ 203,000
Amegy Mortgage Company, L.L.C.
4576 RESEARCH FOREST DRIVE
THE WOODLANDS, TX 77381
* $ 31,000,000 1 $ 106,000
UBS Ag, Tampa Branch
3000 BAYPORT
TAMPA, FL 33607
* $ 1,400,000,000 1 $ 317,000
First Community Bank NA
3 SUGAR CREEK CENTER BLVD SUITE 200
SUGAR LAND, TX 77478
* $ 668,224,000 1 $ 10,000
Encore Bank, NA
NINE GREENWAY PLAZA, SUITE 1000
HOUSTON, TX 77046
* $ 1,459,360,000 1 $ 18,000
Susser Bank
500 HARWOOD ROAD
BEDFORD, TX 76021
* $ 199,275,000 1 $ 130,000
Presidential Bank, FSB
4600 EAST WEST HIGHWAY, SUITE 400
BETHESDA, MD 20814
* $ 608,886,000 1 $ 43,000
Ameriprise Bank, FSB
707 2ND AVENUE SOUTH
MINNEAPOLIS, MN 55474
* $ 3,862,039,000 1 $ 194,000
First National Acceptance Company
241 EAST SAGINAW/P.O. BOX 980
EAST LANSING, MI 48826
* $ 10,498,000 1 $ 32,000
Viewpoint Bankers Mortgage Inc
720 E. ARAPAHO
RICHARDSON, TX 75081
* $ 1,529,760,000 1 $ 133,000
First Star Bank, S.S.B.
109 S COMMERCE / PO BOX 7
BREMOND, TX 76629
* $ 193,110,000 1 $ 87,000
Evolve Bank & Trust
6000 POPLAR AVENUE SUITE 300
MEMPHIS, TN 38119
* $ 160,432,000 1 $ 156,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 213,864,000 1 $ 120,000
First State Bank
130 E CORSICANA STREET
ATHENS, TX 75751
* $ 330,442,000 1 $ 155,000
Texas Star Bank SSB
101 GASSAWAY
LOTT, TX 76656
* $ 67,913,000 1 $ 178,000
Lindale State Bank
P O BOX 8
LINDALE, TX 75771
* $ 104,908,000 1 $ 27,000
Member Home Loan LLC
9601 JONES RD SUITE 108
HOUSTON, TX 77065
* $ 589,064,000 1 $ 185,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 57,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 1,444,690,000 1 $ 196,000
Chevron Federal Credit Union
2300 CLAYTON ROAD SUITE 700
CONCORD, CA 94520
* $ 1,543,584,000 1 $ 150,000
Tdecu
2000 POST OAK BLVD. STE. 2100
HOUSTON, TX 77056
* $ 1,587,832,000 1 $ 170,000
Telco Plus Credit Union
423 GILMER RD
LONGVIEW, TX 75604
* $ 57,863,000 1 $ 20,000
Superior Choice Credit Union
1320 GRAND AVENUE
SUPERIOR, WI 54880
* $ 189,478,000 1 $ 30,000
City Credit Union
7474 FERGUSON RD
DALLAS, TX 75228
* $ 218,603,000 1 $ 10,000
Kelly Community FCU
2105 W. GRANDE BLVD
TYLER, TX 75703
* $ 82,129,000 1 $ 200,000
Entrust Federal Credit Union
1801 DABNEY ROAD
RICHMOND, VA 23230
* $ 68,394,000 1 $ 4,000
International Bank of Commerce
1200 SAN BERNARDO AVE.
LAREDO, TX 78040
* $ 9,827,969,000 1 $ 18,000
Citizens State Bank
3915 SSW LOOP 323
TYLER, TX 75701
* $ 254,529,000 1 $ 185,000
City Bank
5219 CITY BANK PARKWAY
LUBBOCK, TX 79408
* $ 1,928,441,000 1 $ 116,000
Great Southern Bank
218 S GLENSTONE AVE
SPRINGFIELD, MO 65802
* $ 3,409,826,000 1 $ 50,000
Independent Bank
5050 POPLAR AVENUE STE 2100
MEMPHIS, TN 38157
* $ 793,135,000 1 $ 100,000
Patriot Bank Mortgage
7670 WOODWAY, SUITE 162
HOUSTON, TX 77063
* $ 511,822,000 1 $ 292,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 1 $ 273,000
Premier Home Mortgage, Inc.
3024 TOWER RD
RAPID CITY, SD 57701
* $ 20,569,000 1 $ 82,000
Sente Mortgage, Inc.
4520 BURNET ROAD
AUSTIN, TX 78756
* $ 1,000,000,000 1 $ 46,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 1 $ 158,000
Interlinc Mortgage Services, LLC
10613 W. SAM HOUSTON PKWY N. SUITE 200
HOUSTON, TX 77086
* $ 21,269,000 1 $ 128,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 1 $ 140,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 176,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 1 $ 87,000
Everett Financial Inc.
14801 QUORUM DR SUITE 300
DALLAS, TX 75254
* $ 3,642,000 1 $ 105,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 1 $ 206,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ 100,000,000 1 $ 236,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 1 $ 200,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 1 $ 74,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ 10,000,000 1 $ 66,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 1 $ 113,000
Residential Acceptance Corporation
5027 W LAUREL ST
TAMPA, FL 33607
* $ 10,000,000 1 $ 178,000
Lsi Mortgage Plus
6470 E JOHNS CROSSING STE 400
DULUTH, GA 30097
* $ 1,704,000 1 $ 319,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 1 $ 415,000
Hometrust Mortgage Company
5353 W ALABAMA, SUITE 500
HOUSTON, TX 77056
* $ 10,000,000 1 $ 139,000
Mountain States Mortgage
1333 E 9400 S
SANDY, UT 84093
* $ 10,000,000 1 $ 63,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 190,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 1 $ 169,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ 10,000,000 1 $ 84,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ 10,000,000 1 $ 321,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 1 $ 76,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 319,000
Southwest Funding LP
13150 COIT ROAD STE 100
DALLAS, TX 75240
* $ 10,000,000 1 $ 200,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ 24,832,312,000 1 $ 103,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 15,104,501,000 1 $ 30,000
Amegy Bank of Texas, NA
4400 POST OAK PKWY, 6TH FLOOR
HOUSTON, TX 77027
* $ 11,190,264,000 1 $ 106,000
BBVA USA
15 SOUTH 20TH ST
BIRMINGHAM, AL 35233
* $ 62,638,180,000 1 $ 221,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 254,825,730,000 1 $ 216,000

The tables below break down 2011 mortgage applications in Cherokee County, TX by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Cherokee County, TX 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
Home Purchase 636 $63,809,000 $100,000 $504,000 $68,000 $684,000
Refinancing 480 $64,908,000 $135,000 $545,000 $83,000 $525,000
Home Improvement 135 $6,090,000 $45,000 $415,000 $76,000 $365,000

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 910 $105,245,000 $115,000 $545,000 $84,000 $684,000
Hispanic 99 $5,696,000 $57,000 $314,000 $46,000 $261,000
Not applicable 94 $9,708,000 $103,000 $317,000 $22,000 $338,000
Black or African American 69 $4,458,000 $64,000 $229,000 $51,000 $186,000
Not Provided 68 $8,236,000 $121,000 $368,000 $83,000 $506,000
Asian 7 $1,145,000 $163,000 $400,000 $82,000 $205,000
American Indian or Alaskan Native 4 $319,000 $79,000 $140,000 $46,000 $94,000
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) 1,011 $105,324,000 $104,000 $545,000 $81,000 $684,000
FHA-insured (Federal Housing Administration) 153 $18,514,000 $121,000 $268,000 $52,000 $226,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 54 $6,073,000 $112,000 $243,000 $40,000 $85,000
VA-guaranteed (Veterans Administration) 33 $4,896,000 $148,000 $362,000 $41,000 $120,000

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 562 $60,313,000 $107,000 $534,000 $84,000 $684,000
Application Denied By Financial Institution 297 $25,296,000 $85,000 $545,000 $62,000 $330,000
Loan Purchased By The Institution 166 $22,046,000 $132,000 $415,000 $49,000 $365,000
Application Withdrawn By Applicant 126 $18,484,000 $146,000 $525,000 $94,000 $465,000
Application Approved But Not Accepted 87 $6,920,000 $79,000 $504,000 $67,000 $585,000
File Closed For Incompleteness 13 $1,748,000 $134,000 $417,000 $93,000 $232,000
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 109 $6,379,000 $58,000 $545,000 $62,000 $226,000
Debt-To-Income Ratio 52 $5,648,000 $108,000 $374,000 $46,000 $120,000
Collateral 31 $4,212,000 $135,000 $270,000 $105,000 $227,000
Other 11 $1,187,000 $107,000 $321,000 $51,000 $119,000
Credit Application Incomplete 10 $946,000 $94,000 $170,000 $83,000 $330,000
Unverifiable Information 9 $1,345,000 $149,000 $306,000 $126,000 $250,000
Employment History 3 $405,000 $135,000 $260,000 $71,000 $75,000
Insufficient Cash (Downpayment, Closing Cost) 1 $57,000 $57,000 $57,000 $27,000 $27,000
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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