Clare County, MI Mortgage Lenders & HMDA Data, 2017

In 2017, lenders reported 1,302 mortgage applications in Clare County, MI totaling $111.6 million, up 6% from 2016. The average application was for $85,000, and applicants reported an average income of $58,000. 53% of applications resulted in an originated loan and 20% were denied. The most active lender was Members First Credit Union, with 173 applications, followed by Isabella Bank and Chemical 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 1,302
Total Mortgage Loan Application Amount $111,587,000
Average Mortgage Loan Application Amount $85,000
Highest Mortgage Loan Application Amount $1,592,000
Average Applicant Income $58,000
Highest Applicant Income $642,000

Mortgage Company List for Lending in Clare County, MI for 2017

* 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
Members First Credit Union
PO BOX 2165
MIDLAND, MI 48640
* $ 390,656,000 173 $ 10,815,000
Isabella Bank
139 E. BROADWAY
MT PLEASANT, MI 48858
* $ 1,677,874,000 129 $ 12,366,000
Chemical Bank
333 E MAIN STREET
MIDLAND, MI 48640
* $ 17,284,293,000 105 $ 8,117,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 355,999,734,000 53 $ 2,412,000
Mercantile Bank
310 LEONARD STREET NORTH WEST
GRAND RAPIDS, MI 49504
* $ 3,062,597,000 45 $ 3,988,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,727,235,000,000 32 $ 2,574,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 27 $ 3,075,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 24 $ 1,475,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 21 $ 2,044,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,082,803,000,000 21 $ 2,336,000
Dow Credit Union
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,528,748,000 21 $ 1,978,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 20 $ 1,913,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 19 $ 1,450,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 99,554,985,000 15 $ 845,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 15 $ 413,000
Fifth Third Mortgage-Mi, LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ -1,000 14 $ 1,233,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,980,496,000 14 $ 2,086,000
Msu Federal Credit Union
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 3,413,046,000 14 $ 394,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,677,490,000,000 13 $ 1,050,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ -1,000 13 $ 1,073,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ -1,000 11 $ 1,065,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 11 $ 853,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 11 $ 1,116,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 11 $ 1,396,000
Mortgage Center Lc
26555 EVERGREEN RD SUITE 900
SOUTHFIELD, MI 48076
* $ -1,000 10 $ 823,000
Independent Bank
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,537,351,000 10 $ 830,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 77,760,914,000 10 $ 1,779,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ -1,000 9 $ 624,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 8 $ 878,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 8 $ 791,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 7 $ 277,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 7 $ 513,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 4,823,232,000 7 $ 615,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 139,776,168,000 7 $ 328,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 7 $ 574,000
Mortgage 1 Incorporated
43456 MOUND ROAD
STERLING HEIGHTS, MI 48314
* $ -1,000 7 $ 412,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 7 $ 712,000
Elga Credit Union
2303 S. CENTER ROAD
GRAND BLANC, MI 48439
* $ 498,513,000 6 $ 243,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 6 $ 724,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 6 $ 799,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 6 $ 450,000
Wildfire Credit Union
6640 BAY RD
SAGINAW, MI 48605
* $ 729,083,000 6 $ 580,000
Dart Bank
368 S. PARK ST.
MASON, MI 48854
* $ 378,516,000 5 $ 409,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 18,252,081,000 5 $ 269,000
Mortgage300 Corporation
10 SE CENTRAL PARKWAY SUITE 325
STUART, FL 34994
* $ -1,000 5 $ 526,000
Hall Financial
888 W BIG BEAVER RD, SUITE 800
TROY, MI 48083
* $ 412,902,000 5 $ 537,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ -1,000 5 $ 406,000
Credit Union One
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 1,089,661,000 5 $ 185,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 5 $ 538,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 587,672,000 5 $ 467,000
Genisys Credit Union
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 2,204,471,000 5 $ 250,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 14,759,060,000 4 $ 355,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 4 $ 355,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 4 $ 502,000
Financial Plus Credit Union
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 501,329,000 4 $ 255,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 27,829,056,000 4 $ 377,000
Commercial Bank
301 N. STATE ST
ALMA, MI 48801
* $ 399,364,000 4 $ 388,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 4 $ 289,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 1,121,439,000 3 $ 109,000
Tlc Community Credit Union
3030 S ADRIAN HWY
ADRIAN, MI 49221
* $ 443,223,000 3 $ 140,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 3 $ 392,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 3 $ 359,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 3 $ 934,000
Frankenmuth Credit Union
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 470,666,000 3 $ 282,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 3 $ 197,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 3 $ 435,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ -1,000 3 $ 1,775,000
Team One Credit Union
520 HAYDEN
SAGINAW, MI 48607
* $ 491,165,000 3 $ 461,000
Lafcu
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ 631,997,000 3 $ 88,000
Hantz Bank
26200 AMERICAN DRIVE, 2ND FLOOR
SOUTHFIELD, MI 48034
* $ 218,345,000 3 $ 250,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,349,581,000,000 3 $ 210,000
Success Mortgage Partners, Inc
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ -1,000 3 $ 337,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 3 $ 317,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 116,939,799,000 3 $ 218,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 3 $ 303,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 2 $ 166,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 2 $ 319,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 21,689,804,000 2 $ 213,000
Fcb Banks
800 BELT LINE ROAD
COLLINSVILLE, IL 62234
* $ 874,441,000 2 $ 288,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 2 $ 127,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 79,775,662,000 2 $ 158,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 2 $ 161,000
Security Credit Union
5255 SECURITY PARK BLVD
HOLLY, MI 48442
* $ 411,405,000 2 $ 59,000
Dfcu Financial
400 TOWN CENTER DRIVE
DEARBORN, MI 48121
* $ 4,362,200,000 2 $ 242,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 441,010,095,000 2 $ 179,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 3,275,430,000 2 $ 264,000
Lake Trust Credit Union
4605 S OLD US HIGHWAY 23
BRIGHTON, MI 48114
* $ 1,775,027,000 2 $ 120,000
Staunton Financial Inc
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48076
* $ -1,000 2 $ 259,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ -1,000 2 $ 194,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 238,000
Premier Bank
601 CLINTON STREET
YOUNGSTOWN, OH 44503
* $ 2,459,024,000 2 $ 263,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 2 $ 278,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,095,554,000 2 $ 336,000
Mb Financial Bank, National Association
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 19,227,800,000 2 $ 199,000
Mms Mortgage Services, Ltd.
38275 TWELVE MILE RD., SUITE 100
FARMINGTON HILLS, MI 48331
* $ -1,000 2 $ 165,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ -1,000 2 $ 189,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 131,174,000 1 $ 68,000
Roundpoint Mortgage Servicing LLC
446 WRENPLACE ROAD
FORT MILL, SC 29715
* $ 0 1 $ 232,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 1 $ 126,000
Jolt Credit Union
6180 STATE STREET
SAGINAW, MI 48603
* $ 346,861,000 1 $ 100,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 1 $ 74,000
Choiceone Bank
109 E. DIVISION ST.
SPARTA, MI 49345
* $ 603,892,000 1 $ 80,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 48,000
Homesite Mortgage, LLC
222 S MAIN ST STE 106
ROCHESTER, MI 48307
* $ -1,000 1 $ 135,000
Oxford Bank
60 S WASHINGTON ST
OXFORD, MI 48371
* $ 346,751,000 1 $ 125,000
United Federal Credit Union
2807 SOUTH STATE ST
ST. JOSEPH, MI 49085
* $ 2,252,297,000 1 $ 188,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 122,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 1 $ 130,000
American Southwest Mortgage Funding Corp
5900 MOSTELLER DRIVE SUITE 8
OKLAHOMA CITY, OK 73112
* $ -1,000 1 $ 140,000
Michigan Educational
9200 HAGGERTY ROAD
PLYMOUTH, MI 48170
* $ 763,343,000 1 $ 105,000
Comerica Bank

FARMINGTON HILLS, MI 48331
* $ 73,018,220,000 1 $ 135,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ -1,000 1 $ 136,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 54,000
United Bank of Michigan
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ 614,359,000 1 $ 43,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ -1,000 1 $ 96,000
Health Advantage Federal Credi
4550 STATE ST.
SAGINAW, MI 48603
* $ 128,870,000 1 $ 92,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 1 $ 135,000
Forbright Bank
6701 DEMOCRACY BLVD, SUITE 400
CHEVY CHASE, MD 20815
* $ 835,262,000 1 $ 55,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 54,000
Ocwen Loan Servicing, LLC
1661 WORTHINGTION ROAD SUITE 100
WEST PALM BEACH, FL 33409
* $ -1,000 1 $ 47,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ -1,000 1 $ 38,000
Pfcu
9077 CHARLOTTE HWY
PORTLAND, MI 48875
* $ 294,128,000 1 $ 52,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 122,631,667,000 1 $ 106,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ -1,000 1 $ 69,000
Michigan Schools and Governmen
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 1,669,905,000 1 $ 61,000
Monroe Bank & Trust
102 E FRONT ST
MONROE, MI 48161
* $ 1,356,363,000 1 $ 98,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 1 $ 125,000
Michigan First Mortgage Inc
6501 HIGHLAND RD
WATERFORD, MI 48327
* $ -1,000 1 $ 42,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 52,958,000,000 1 $ 244,000
Southern Michigan Bank & Trust
51 WEST PEARL STREET
COLDWATER, MI 49036
* $ 639,528,000 1 $ 153,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 86,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 13,265,339,000 1 $ 50,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 1 $ 200,000
Case Credit Union
PO BOX 22158 4316 SOUTH PENNSYLVANIA AVENUE
LANSING, MI 48909
* $ 274,540,000 1 $ 70,000
County National Bank
ONE SOUTH HOWELL ST
HILLSDALE, MI 49242
* $ 570,063,000 1 $ 25,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 135,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 200,557,635,000 1 $ 15,000
Zeal Credit Union
17250 NEWBURGH
LIVONIA, MI 48152
* $ 555,254,000 1 $ 100,000
Michigan First Credit Union
27000 EVERGREEN
LATHRUP VILLAGE, MI 48076
* $ 785,122,000 1 $ 70,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 1 $ 123,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 1 $ 74,000
Great Plains National Bank
5909 NW EXPRESSWAY
ELK CITY, OK 73644
* $ 550,032,000 1 $ 135,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 1 $ 140,000
University of Michigan Credit Union
340 E. HURON
ANN ARBOR, MI 48104
* $ 729,310,000 1 $ 23,000
Lake Huron Credit Union
1540 TITTABAWASSEE RD
SAGINAW, MI 48603
* $ 48,440,000 1 $ 27,000
Kellogg Community Credit Union
41 SECOND ST
BATTLE CREEK, MI 49014
* $ 488,070,000 1 $ 33,000
Consumers Professional Credit Union
525 W WILLOW STREET
LANSING, MI 48906
* $ 73,313,000 1 $ 125,000
Dearborn Federal Savings Bank
22315 MICHIGAN AVENUE
DEARBORN, MI 48124
* $ 263,690,000 1 $ 95,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 286,080,320,000 1 $ 171,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 1 $ 83,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ -1,000 1 $ 145,000
First Direct Lending LLC
15261 LAGUNA CANYON ROAD, SUITE 200
IRVINE, CA 92618
* $ -1,000 1 $ 76,000
Homestead Savings Bank
415 S SUPERIOR ST
ALBION, MI 49224
* $ 66,872,000 1 $ 50,000
Michigan Legacy Credit Union
144 E PIKE
WYANDOTTE, MI 48192
* $ 172,445,000 1 $ 80,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 4,435,339,000 1 $ 124,000

The tables below break down 2017 mortgage applications in Clare County, MI by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Clare County, MI in 2017

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 617 $58,503,000 $94,000 $1,592,000 $64,000 $642,000
Refinancing 539 $46,978,000 $87,000 $416,000 $52,000 $555,000
Home Improvement 146 $6,106,000 $41,000 $200,000 $55,000 $400,000

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 1,059 $88,406,000 $83,000 $416,000 $61,000 $642,000
Not Provided 136 $11,544,000 $84,000 $275,000 $63,000 $278,000
Not applicable 76 $9,666,000 $127,000 $1,592,000 $7,000 $124,000
Hispanic 15 $1,239,000 $82,000 $260,000 $67,000 $290,000
American Indian or Alaskan Native 13 $534,000 $41,000 $103,000 $40,000 $91,000
Black or African American 3 $198,000 $66,000 $88,000 $38,000 $99,000
Asian 0 $0 $0 $0 $0 $0
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) 945 $75,869,000 $80,000 $1,592,000 $67,000 $642,000
FHA-insured (Federal Housing Administration) 179 $15,063,000 $84,000 $275,000 $33,000 $147,000
VA-guaranteed (Veterans Administration) 139 $17,512,000 $125,000 $416,000 $42,000 $215,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 39 $3,143,000 $80,000 $185,000 $29,000 $80,000

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 691 $61,204,000 $88,000 $1,592,000 $67,000 $642,000
Application Denied By Financial Institution 261 $19,319,000 $74,000 $288,000 $51,000 $220,000
Application Withdrawn By Applicant 186 $15,444,000 $83,000 $371,000 $55,000 $251,000
Loan Purchased By The Institution 90 $9,597,000 $106,000 $416,000 $23,000 $251,000
File Closed For Incompleteness 43 $3,952,000 $91,000 $375,000 $52,000 $241,000
Application Approved But Not Accepted 31 $2,071,000 $66,000 $207,000 $49,000 $196,000
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 39 $2,168,000 $55,000 $259,000 $45,000 $167,000
Collateral 36 $2,948,000 $81,000 $288,000 $60,000 $180,000
Debt-To-Income Ratio 29 $2,497,000 $86,000 $240,000 $39,000 $120,000
Credit Application Incomplete 14 $1,311,000 $93,000 $185,000 $69,000 $144,000
Other 11 $738,000 $67,000 $200,000 $59,000 $147,000
Unverifiable Information 3 $179,000 $59,000 $107,000 $41,000 $65,000
Insufficient Cash (Downpayment, Closing Cost) 2 $134,000 $67,000 $84,000 $19,000 $39,000
Employment History 1 $55,000 $55,000 $55,000 $70,000 $70,000
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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