Clarke County, VA Mortgage Lenders & HMDA Data, 2014

In 2014, lenders reported 664 mortgage applications in Clarke County, VA totaling $168.9 million, down 39% from 2013. The average application was for $254,000, and applicants reported an average income of $105,000. 55% of applications resulted in an originated loan and 15% were denied. The most active lender was Wells Fargo Bank NA, with 85 applications, followed by Bank of Clarke and Truist 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 664
Total Mortgage Loan Application Amount $168,948,000
Average Mortgage Loan Application Amount $254,000
Highest Mortgage Loan Application Amount $1,841,000
Average Applicant Income $105,000
Highest Applicant Income $2,363,000

Mortgage Company List for Lending in Clarke County, VA for 2014

* 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
* $ 1,373,600,000,000 85 $ 21,285,000
Bank of Clarke
2 E MAIN ST
BERRYVILLE, VA 22611
* $ 582,472,000 43 $ 3,921,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 179,126,294,000 26 $ 5,451,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,945,467,000,000 25 $ 6,953,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 55,502,976,000 20 $ 4,802,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,261,678,000 19 $ 5,348,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,361,206,000 18 $ 4,544,000
Integrity Home Mortgage Corporation
122 PILOT CIRCLE
WINCHESTER, VA 22602
* $ 1,000,000,000 15 $ 3,870,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 14 $ 3,045,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 12 $ 4,355,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,346,747,000,000 11 $ 2,384,000
George Mason Mortgage LLC
4100 MONUMENT CORNER DRIVE #100
FAIRFAX, VA 22030
* $ 630,414,000 11 $ 2,996,000
Potomac Mortgage Group, Inc.
4035 RIDGE TOP ROAD, SUITE 100
FAIRFAX, VA 22030
* $ 15,000,000 10 $ 3,558,000
Horizon Farm Credit, Aca
45 AILERON CT.
MECHANICSBURG, PA 17050
* $ 10,000,000 10 $ 2,918,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ 52,388,000 9 $ 1,944,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,433,716,000,000 9 $ 2,351,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 360,478,278,000 7 $ 1,876,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 7 $ 2,511,000
Apple Federal Credit Union
4029 RIDGE TOP RD
FAIRFAX, VA 22030
* $ 1,845,999,000 7 $ 969,000
Gateway Funding Dms, LP
300 WELSH ROAD, BUILDING 5
HORSHAM, PA 19044
* $ 10,000,000 7 $ 1,768,000
Presidential Bank, FSB
4600 EAST WEST HIGHWAY, SUITE 400
BETHESDA, MD 20814
* $ 554,350,000 6 $ 1,915,000
Southern Trust Mortgage, LLC
4433 CORPORATION LANE SUITE 300
VIRGINIA BEACH, VA 23462
* $ 41,745,000 6 $ 1,730,000
Atlantic Coast Mortgage, LLC
4100 MONUMENT CORNER DRIVE, SUITE 300
FAIRFAX, VA 22030
* $ 12,751,000 6 $ 1,903,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 6 $ 1,738,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 6 $ 1,417,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 309,999,678,000 6 $ 1,049,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 171,261,678,000 5 $ 91,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 5 $ 1,058,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 84,362,333,000 5 $ 1,312,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 5 $ 1,495,000
Northwest Federal Credit Union
220 SPRING STREET
HERNDON, VA 20170
* $ 2,582,482,000 5 $ 1,543,000
First Bank
112 W KING ST
STRASBURG, VA 22657
* $ 522,480,000 5 $ 1,836,000
Alcova Mortgage, LLC
308 MARKET ST, SE
ROANOKE, VA 24011
* $ 710,000 4 $ 885,000
City National Bank of Wv
25 GATEWATER ROAD
CROSS LANES, WV 25313
* $ 3,347,202,000 4 $ 1,252,000
First Mariner Bank
3301 BOSTON STREET
BALTIMORE, MD 21224
* $ 1,014,796,000 4 $ 952,000
First Home Mortgage
6211 GREENLEIGH AVENUE SUITE 300
BALTIMORE, MD 21220
* $ 10,000,000 4 $ 1,099,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 16,840,840,000 4 $ 902,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ 10,000,000 4 $ 1,325,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 4 $ 1,566,000
Discover Home Loans, Inc
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 79,339,664,000 4 $ 893,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 168,648,000 3 $ 620,000
McLean Mortgage Corporation
11325 RANDOM HILLS RD. SUITE 400
FAIRFAX, VA 22030
* $ 50,010,000 3 $ 398,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 3 $ 899,000
Virginia Federal Credit Union
PO BOX 90010
RICHMOND, VA 23225
* $ 2,545,895,000 3 $ 556,000
Union Mortgage Group, Inc.
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 4,155,026,000 3 $ 1,055,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 3 $ 600,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 17,638,918,000 3 $ 506,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 62,866,954,000 3 $ 775,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ 10,000,000 3 $ 675,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 3 $ 943,000
First Savings Mortgage Corporation
8444 WEST PARK DRIVE, THE 4TH FLOOR
MCLEAN, VA 22102
* $ 10,000,000 3 $ 574,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 3 $ 1,074,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 3 $ 881,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 3 $ 898,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 3 $ 777,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ 10,000,000 3 $ 887,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 3 $ 988,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 2 $ 722,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 299,620,000 2 $ 618,000
Constellation Federal Credit Union
1810 SAMUEL MORSE DR
RESTON, VA 20190
* $ 179,160,000 2 $ 293,000
Access National Bank
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 846,686,000 2 $ 677,000
Bbmc Mortgage, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 2 $ 1,076,000
First Heritage Mortgage, LLC
11325 RANDOM HILLS RD SUITE 600
FAIRFAX, VA 22031
* $ 2,157,000 2 $ 668,000
Homepromise Corporation
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ 100,000,000 2 $ 377,000
Intercoastal Mortgage, LLC
11911 FREEDOM DRIVE SUITE 500
RESTON, VA 20190
* $ 10,000,000 2 $ 939,000
Cornerstone Home Lending, Inc.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ 57,509,481,000 2 $ 560,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 2 $ 985,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 2 $ 491,000
Prospect Mortgage, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 2 $ 528,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 62,915,596,000 2 $ 150,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 22,971,000,000 2 $ 536,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 15,766,346,000 2 $ 221,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 127,428,329,000 2 $ 381,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 2 $ 296,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 2 $ 907,000
Americash
3080 BRISTOL STREET, SUITE 300
COSTA MESA, CA 92626
* $ 10,000,000 2 $ 620,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 2 $ 839,000
Talmer Bank and Trust
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 2,308,075,000 2 $ 1,162,000
Fidelity Bank
3 CORPORATE BLVD NE
ATLANTA, GA 30329
* $ 2,561,135,000 2 $ 276,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 2 $ 510,000
Homeamerican Mortgage Corporat
4350 S MONACO ST SUITE 200
DENVER, CO 80237
* $ 31,000,000 1 $ 514,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 1 $ 206,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 144,156,000 1 $ 331,000
Potomac Bank
111 EAST WASHINGTON ST
CHARLES TOWN, WV 00000
* $ 295,862,000 1 $ 138,000
Nymeo Federal Credit Union
5210 CHAIRMANS COURT
FREDERICK, MD 21703
* $ 247,898,000 1 $ 185,000
Reliant Bank
1736 CAROTHERS PKWY., STE. 100
BRENTWOOD, TN 37027
* $ 384,572,000 1 $ 130,000
John Marshall Bank
1943 ISAAC NEWTON SQUARE, SUITE 100
RESTON, VA 20190
* $ 662,540,000 1 $ 39,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 1 $ 172,000
Ussfcu
2750 EISENHOWER AVENUE
ALEXANDRIA, VA 22314
* $ 574,021,000 1 $ 33,000
Delta Community Credit Union
3270 RIVERWOOD PKWY
ATLANTA, GA 30339
* $ 4,499,998,000 1 $ 225,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 1 $ 237,000
Sandy Spring Bank
6831 BENJAMIN FRANKIN DRIVE
COLUMBIA, MD 21046
* $ 4,103,337,000 1 $ 111,000
R M K Financial Corp.
1819 S. EXCISE AVENUE
ONTARIO, CA 91761
* $ 16,639,000 1 $ 169,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 233,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 1 $ 290,000
Hamilton National Mortgage Company
1275 DRUMMERS LANE
WAYNE, PA 19087
* $ 10,000,000 1 $ 251,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 417,000
Millennium Financial Group, Inc.
8803 BALTIMORE NATIONAL PIKE
MIDDLETOWN, MD 21769
* $ 199,194,000 1 $ 306,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ 603,000 1 $ 233,000
Roundpoint Mortgage Company
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 1 $ 400,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 1 $ 325,000
Ditech Mortgage Corp
1100 VIRGINIA DRIVE, SUITE 100
FT. WASHINGTON, PA 19034
* $ 5,720,000 1 $ 396,000
Arvest Mortgage Company
931 W MONROE
LOWELL, AR 72745
* $ 14,081,085,000 1 $ 283,000
1st Portfolio Lending Corp.
12700 FAIR LAKES CIRCLE, 4TH FLOOR
FAIRFAX, VA 22033
* $ 11,714,000 1 $ 347,000
Nycb Mortgage Company, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 1 $ 250,000
UBS Bank USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ 45,602,567,000 1 $ 510,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 238,482,903,000 1 $ 35,000
The Northern Trust Co
50 S. LA SALLE
CHICAGO, IL 60603
* $ 102,658,650,000 1 $ 1,234,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 116,608,550,000 1 $ 235,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 217,626,166,000 1 $ 25,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 471,000
Highlands Residential Mortgage, Ltd.
950 W BETHANY DR STE 800
ALLEN, TX 75013
* $ 40,000,000 1 $ 319,000
NVR Mortgage Finance, Inc.

PITTSBURGH, PA 15276
* $ 10,000,000 1 $ 286,000
SWBC Mortgage Corporation
9311 SAN PEDRO AVENUE STE 100
SAN ANTONIO, TX 78216
* $ 502,411,000 1 $ 142,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 1 $ 245,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 323,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 1 $ 218,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 276,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ 10,000,000 1 $ 302,000
Credit Union Mortgage Associat
10800 MAIN STREET
FAIRFAX, VA 22030
* $ 435,000,000 1 $ 320,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 1 $ 295,000
Cityworth Mortgage LLC
11781 LEE JACKSON HIGHWAY
FAIRFAX, VA 22033
* $ 1,400,000,000 1 $ 154,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ 14,200,000 1 $ 169,000
First Choice Loan Services Inc.
ONE TOWER CENTER, FLOOR #18
EAST BRUNSWICK, NJ 08816
* $ 669,000,000 1 $ 392,000
C&F Mortgage Corporation
1400 ALVERSER DRIVE
MIDLOTHIAN, VA 23113
* $ 189,567,000 1 $ 136,000
Village Bank Mortgage
13305 MIDLOTHIAN TURNPIKE
MIDLOTHIAN, VA 23113
* $ 300,960,000 1 $ 265,000
Farmers Bank & Trust
1017 HARRISON
GREAT BEND, KS 67530
* $ 690,026,000 1 $ 413,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 1 $ 384,000
Arc Home LLC

MOORESTOWN, NJ 08057
* $ 10,000,000 1 $ 364,000
Oak View National Bank
128 BROADVIEW AVENUE
WARRENTON, VA 20186
* $ 153,673,000 1 $ 340,000
Virginia National Bank
PO BOX 2853
CHARLOTTESVILLE, VA 22911
* $ 512,949,000 1 $ 560,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 1 $ 70,000
Coastal States Mortgage, Inc.
5 BOW CIRCLE
HILTON HEAD ISLAND, SC 29928
* $ 10,000,000 1 $ 278,000
Summit Community Bank, Inc
PO BOX 680; 310 NORTH MAIN STREET
MOOREFIELD, WV 26836
* $ 1,378,967,000 1 $ 428,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 577,338,000 1 $ 11,000
Fieldpoint Private Bank & Trus
100 FIELD POINT ROAD
GREENWICH, CT 06830
* $ 651,912,000 1 $ 700,000
United Bank VA

MORGANTOWN, WV 26505
* $ 3,659,845,000 1 $ 586,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 160,000
Allied Mortgage Group, Inc
225 E. CITY AVENUE, SUITE 102
BALA CYNWYD, PA 19004
* $ 10,000,000 1 $ 502,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 1 $ 171,000
Amwest Funding Corp
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ 10,000,000 1 $ 255,000
Piedmont Advantage Credit Unio
3530 ADVANTAGE WAY
WINSTON SALEM, NC 27103
* $ 234,554,000 1 $ 101,000

The tables below break down 2014 mortgage applications in Clarke County, VA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Clarke County, VA in 2014

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 302 $84,687,000 $280,000 $1,841,000 $99,000 $660,000
Home Purchase 290 $80,326,000 $276,000 $900,000 $117,000 $2,363,000
Home Improvement 72 $3,935,000 $54,000 $625,000 $83,000 $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 449 $112,485,000 $250,000 $1,841,000 $114,000 $2,065,000
Not Provided 99 $27,261,000 $275,000 $700,000 $136,000 $2,363,000
Not applicable 63 $18,272,000 $290,000 $662,000 $10,000 $171,000
Black or African American 20 $2,983,000 $149,000 $414,000 $68,000 $160,000
Hispanic 18 $3,705,000 $205,000 $502,000 $79,000 $242,000
Asian 12 $3,232,000 $269,000 $519,000 $104,000 $224,000
American Indian or Alaskan Native 3 $1,010,000 $336,000 $364,000 $95,000 $120,000
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) 490 $119,917,000 $244,000 $1,841,000 $118,000 $2,363,000
FHA-insured (Federal Housing Administration) 75 $17,705,000 $236,000 $545,000 $63,000 $230,000
VA-guaranteed (Veterans Administration) 67 $25,059,000 $374,000 $585,000 $85,000 $248,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 32 $6,267,000 $195,000 $342,000 $46,000 $113,000

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 367 $91,093,000 $248,000 $1,234,000 $119,000 $2,363,000
Application Denied By Financial Institution 102 $25,828,000 $253,000 $1,841,000 $97,000 $600,000
Loan Purchased By The Institution 83 $24,168,000 $291,000 $625,000 $39,000 $191,000
Application Withdrawn By Applicant 75 $18,358,000 $244,000 $612,000 $108,000 $681,000
Application Approved But Not Accepted 20 $5,349,000 $267,000 $1,200,000 $132,000 $620,000
File Closed For Incompleteness 17 $4,152,000 $244,000 $520,000 $123,000 $660,000
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 25 $4,788,000 $191,000 $606,000 $96,000 $257,000
Collateral 21 $5,375,000 $255,000 $625,000 $108,000 $225,000
Debt-To-Income Ratio 15 $3,114,000 $207,000 $662,000 $55,000 $142,000
Other 9 $2,692,000 $299,000 $1,120,000 $170,000 $600,000
Credit Application Incomplete 8 $1,714,000 $214,000 $369,000 $76,000 $134,000
Unverifiable Information 2 $549,000 $274,000 $324,000 $114,000 $169,000
Insufficient Cash (Downpayment, Closing Cost) 1 $320,000 $320,000 $320,000 $78,000 $78,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 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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