Cleburne County, AR Mortgage Lenders & HMDA Data, 2018

In 2018, lenders reported 1,260 mortgage applications in Cleburne County, AR totaling $175.3 million, up 3% from 2017. The average application was for $139,000, and applicants reported an average income of $104,000. 49% of applications resulted in an originated loan and 18% were denied. The most active lender was Wells Fargo Bank NA, with 135 applications, followed by US Bank, N.A. and Eagle Bank and Trust Company.

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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 1,260
Total Mortgage Loan Application Amount $175,340,000
Average Mortgage Loan Application Amount $139,000
Highest Mortgage Loan Application Amount $2,535,000
Average Applicant Income $104,000
Highest Applicant Income $1,525,000

Mortgage Company List for Lending in Cleburne County, AR for 2018

* 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
* $ 1,747,398,000,000 135 $ 22,445,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 131 $ 14,485,000
Eagle Bank and Trust Company
650 SOUTH SHACKLEFORD SUITE 150 P O BOX 22120
LITTLE ROCK, AR 72211
* $ 371,191,000 107 $ 15,595,000
Centennial Bank
PO BOX 966
ARKANSAS, AR 72033
* $ 14,440,346,000 44 $ 5,900,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 41 $ 2,375,000
First Security Bank
PO BOX 938
CONWAY, AR 72033
* $ 5,352,966,000 33 $ 5,135,000
First National Bank
PO BOX 700
PARAGOULD, AR 72451
* $ 1,319,903,000 32 $ 3,150,000
First Arkansas Bank and Trust
600 WEST MAIN STREET
JACKSONVILLE, AR 72076
* $ 774,144,000 31 $ 3,505,000
Gateway Mortgage Group, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ -1,000 30 $ 4,100,000
Bank of Little Rock Mortgage Corporation
15909 CANTRELL ROAD
LITTLE ROCK, AR 72223
* $ -1,000 27 $ 4,195,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 27 $ 1,725,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 123,325,220,000 25 $ 3,335,000
First Financial Bank
214 N WASHINGTON STREET
EL DORADO, AR 71730
* $ 914,666,000 20 $ 3,580,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 19 $ 2,335,000
Simmons Bank
501 MAIN
PINE BLUFF, AR 71601
* $ 9,380,854,000 19 $ 2,555,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 316,352,000 18 $ 2,950,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 18 $ 1,990,000
Cadence Bank
P O BOX 789
TUPELO, MS 38804
* $ 15,308,454,000 15 $ 1,655,000
Arvest Bank

TULSA, OK 74103
* $ 16,758,528,000 14 $ 2,610,000
Iberiabank
285 WEST ESPLANADE AVENUE, 2ND FLOOR
KENNER, LA 70065
* $ 27,823,771,000 14 $ 3,380,000
First Community Bank
1325 HARRISON STREET
BATESVILLE, AR 72501
* $ 1,338,956,000 14 $ 1,650,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 12 $ 1,440,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 12 $ 720,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 11 $ 1,925,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,696,742,000 10 $ 860,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 10 $ 1,300,000
First Service Bank
PO BOX 190
GREENBRIER, AR 72058
* $ 289,768,000 10 $ 780,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,934,629,000 10 $ 590,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 10 $ 1,810,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 4,724,296,000 9 $ 1,505,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 9 $ 785,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 9 $ 995,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 9 $ 1,525,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 9 $ 1,655,000
Triumph Bank
1780 MORIAH WOODS BLVD., SUITE 4
MEMPHIS, TN 38117
* $ 722,208,000 8 $ 1,640,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 8 $ 950,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 8 $ 1,200,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ 41,201,025,000 7 $ 2,405,000
Arkansas Federal Credit Union
17500 CANTRELL
LITTLE ROCK, AR 72223
* $ 1,147,748,000 7 $ 865,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 7 $ 1,085,000
The Carroll Mortgage Group, Inc.
9101 NORTH RODNEY PARHAM ROAD., STE 1
LITTLE ROCK, AR 72205
* $ -1,000 6 $ 860,000
Calcon Mutual Mortgage LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ -1,000 6 $ 1,330,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 5 $ 265,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 5 $ 605,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 5 $ 905,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 5 $ 565,000
Fidelity National Bank
330 WEST BROADWAY ST.
WEST MEMPHIS, AR 72301
* $ 411,085,000 4 $ 420,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 4 $ 350,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 4 $ 1,150,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 4 $ 900,000
Homebank of Arkansas
PO BOX 342
DAMASCUS, AR 72039
* $ 75,532,000 4 $ 380,000
The Citizens Bank
200 S THIRD ST, PO BOX 2156
BATESVILLE, AR 72503
* $ 774,480,000 4 $ 350,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 4 $ 1,030,000
Memphis City Employees Credit Union
2678 MT. MORIAH TERRACE COVE
MEMPHIS, TN 38115
* $ 285,603,000 4 $ 430,000
The Farmers & Merchants Bank
708 S MAIN ST
STUTTGART, AR 72160
* $ 1,007,589,000 3 $ 195,000
Telcoe Federal Credit Union
PO BOX 34200
LITTLE ROCK, AR 72201
* $ 353,541,000 3 $ 465,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 3 $ 525,000
First National Bank of Eastern Arkansas
101 N WASHINGTON STREET
FORREST CITY, AR 72335
* $ 407,160,000 3 $ 445,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 3 $ 365,000
Howard Bank
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 1,150,216,000 3 $ 475,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 3 $ 605,000
Firsttrust Home Loans
906 SOUTH ROCK ST.
SHERIDAN, AR 72150
* $ -1,000 3 $ 785,000
Mortgage Investors Group
501 JAMES ROBERTSON PARKWAY
NASHVILLE, TN 37219
* $ -1,000 3 $ 485,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 3 $ 705,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 3 $ 375,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 98,729,134,000 3 $ 145,000
Suntrust Banks, Inc.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 201,637,519,000 3 $ 195,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 3 $ 505,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 3 $ 345,000
United Built Homes, LLC
8500 LINE AVE
SHREVEPORT, LA 71106
* $ -1,000 3 $ 275,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ -1,000 3 $ 275,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 2 $ 450,000
Live Well Financial, Inc.
1011 BOULDER SPRINGS DRIVE
RICHMOND, VA 23225
* $ -1,000 2 $ 90,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 2 $ 170,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 2 $ 210,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 2 $ 270,000
Southern Bancorp Bank
601 MAIN STREET
ARKADELPHIA, AR 71923
* $ 1,235,070,000 2 $ 270,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 2 $ 230,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 2 $ 480,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 2 $ 460,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 14,726,156,000 2 $ 140,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 2 $ 100,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 2 $ 170,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 2 $ 270,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 2 $ 370,000
Rbc Bank (Georgia), N.A.

RALEIGH, NC 27607
* $ 4,510,197,000 2 $ 230,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 2 $ 220,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ -1,000 2 $ 220,000
Southern Bank
531 VINE ST
POPLAR BLUFF, MO 63901
* $ 1,768,439,000 2 $ 260,000
Community Mortgage Corporation
142 TIMBER CREEK DRIVE
CORDOVA, TN 38018
* $ -1,000 2 $ 490,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ -1,000 1 $ 175,000
Chevron Federal Credit Union
2300 CLAYTON ROAD SUITE 700
CONCORD, CA 94520
* $ 3,163,380,000 1 $ 105,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,175,351,000 1 $ 235,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 1 $ 125,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ -1,000 1 $ 165,000
American Mortgage Bank
3401 NW 63RD SUITE 620
OKLAHOMA CITY, OK 73116
* $ -1,000 1 $ 105,000
Bank 34
500 EAST TENTH STREET
ALAMOGORDO, NM 88310
* $ 335,906,000 1 $ 75,000
Csl Financial, LLC
500 OFFICE PARK DRIVE SUITE 310
BIRMINGHAM, AL 35223
* $ -1,000 1 $ 55,000
Patriot Bank
8376 HIGHWAY 51 N
MILLINGTON, TN 38053
* $ 326,055,000 1 $ 85,000
Orion Federal Credit Union
7845 HIGHWAY 64
MEMPHIS, TN 38103
* $ 715,160,000 1 $ 95,000
Sage Home Loans Corporation
1423 RED VENTURES DRIVE SUITE 201
FORT MILL, SC 29707
* $ -1,000 1 $ 85,000
Agfirst Farm Credit Bank
1901 MAIN STREET
COLUMBIA, SC 29201
* $ -1,000 1 $ 385,000
Relyance Bank, National Association
912 SOUTH POPLAR STREET
PINE BLUFF, AR 71601
* $ 759,792,000 1 $ 155,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 6,681,526,000 1 $ 165,000
Cornerstone Home Lending, Inc.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ -1,000 1 $ 85,000
Commercial Bank & Trust Company
P.O. BOX 1000
PARIS, TN 38242
* $ 745,012,000 1 $ 375,000
Accelerate Mortgage, LLC
750 PRIDES CROSSING #303
NEWARK, DE 19713
* $ -1,000 1 $ 255,000
First National Bank of North Arkansas
PO 367
BERRYVILLE, AR 72616
* $ 188,186,000 1 $ 295,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 85,000
Cotton Belt Federal Credit Union
1703 RIVER PINES BLVD
PINE BLUFF, AR 71601
* $ 59,905,000 1 $ 55,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 125,000
Lenderlive Network, LLC
710 S ASH
GLENDALE, CO 80246
* $ -1,000 1 $ 175,000
Banktennessee
1125 WEST POPLAR AVENUE
COLLIERVILLE, TN 38017
* $ 308,179,000 1 $ 55,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ -1,000 1 $ 85,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 1 $ 155,000
Central Bank
1506 MARKET ST STE C180
LITTLE ROCK, AR 72758
* $ 189,660,000 1 $ 165,000
Red River Employees Federal Credit Union
4405 SUMMERHILL ROAD
TEXARKANA, TX 75503
* $ 876,756,000 1 $ 35,000
The First National Bank of Wynne
P.O. BOX 129, 528 E MERRIMAN AVE
WYNNE, AR 72396
* $ 346,647,000 1 $ 35,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 1 $ 125,000
Berkadia Commercial Mortgage
323 NORRISTOWN ROAD SUITE 300
AMBLER, PA 19002
* $ -1,000 1 $ 2,535,000
Financial Federal Bank
1715 AARON BRENNER DRIVE
MEMPHIS, TN 38120
* $ 535,222,000 1 $ 155,000
Luxury Mortgage Corp.
FOUR LANDMARK SQUARE SUITE 300
STAMFORD, CT 06901
* $ -1,000 1 $ 205,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 1 $ 245,000
First Home Bank
9190 SEMINOLE BLVD
SEMINOLE, FL 33772
* $ 260,106,000 1 $ 95,000
Origin Bank

HOUSTON, TX 77024
* $ 4,135,891,000 1 $ 215,000
The Bank of Fayette County
1265 HWY 57 EAST
COLLIERVILLE, TN 38017
* $ 551,763,000 1 $ 685,000
The Central Trust Bank
238 MADISON ST.
JEFFERSON CITY, MO 65101
* $ 2,505,442,000 1 $ 315,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 65,127,000,000 1 $ 505,000
Guaranty Bank & Trust Company
210 N. HAYDEN STREET
BELZONI, MS 39038
* $ 810,114,000 1 $ 95,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 1 $ 45,000
Generations Bank
1325 HWY 278 BYPASS
ROGERS, AR 72758
* $ 465,161,000 1 $ 255,000
Cross County Bank
P. O. BOX 9
WYNNE, AR 72396
* $ 239,002,000 1 $ 45,000
Equity Bank
7701 E KELLOGG STE 100
WICHITA, KS 67207
* $ 3,172,341,000 1 $ 15,000
Superior Choice Credit Union
1320 GRAND AVENUE
SUPERIOR, WI 54880
* $ 413,653,000 1 $ 45,000
Priority Bank
3401 E MISSION BLVD
FAYETTEVILLE, AR 72703
* $ 81,995,000 1 $ 135,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ -1,000 1 $ 445,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 1 $ 75,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 1 $ 295,000
Radiant Credit Union
405 SE 2ND PLACE
GAINESVILLE, FL 32606
* $ 415,029,000 1 $ 105,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 240,467,000 1 $ 155,000
First South Financial Federal Credit Union
6471 STAGE RD, STE 101
BARTLETT, TN 38134
* $ 550,644,000 1 $ 155,000
Highlands Residential Mortgage, Ltd.
950 W BETHANY DR STE 800
ALLEN, TX 75013
* $ -1,000 1 $ 135,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 1 $ 165,000
Evolve Bank & Trust
6000 POPLAR AVENUE SUITE 300
MEMPHIS, TN 38119
* $ 456,898,000 1 $ 85,000
Trustmark Bank
PO BOX 291
JACKSON, MS 39201
* $ 13,795,627,000 1 $ 325,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,002,264,000 1 $ 365,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 1 $ 175,000

The tables below break down 2018 mortgage applications in Cleburne County, AR by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Cleburne County, AR in 2018

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 782 $111,920,000 $143,000 $685,000 $112,000 $1,443,000
Refinancing 192 $29,500,000 $153,000 $855,000 $109,000 $1,525,000
Cash-out Refinancing 165 $21,765,000 $131,000 $605,000 $70,000 $370,000
Other Purpose 72 $8,500,000 $118,000 $2,535,000 $100,000 $495,000
Home Improvement 38 $2,540,000 $66,000 $455,000 $85,000 $450,000
Not Applicable 11 $1,115,000 $101,000 $275,000 $88,000 $88,000

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 1,045 $143,905,000 $137,000 $855,000 $107,000 $1,525,000
Not Provided 99 $13,055,000 $131,000 $605,000 $74,000 $350,000
Not applicable 89 $14,925,000 $167,000 $2,535,000 $70,000 $70,000
American Indian or Alaskan Native 10 $1,350,000 $135,000 $245,000 $121,000 $368,000
Hispanic 8 $860,000 $107,000 $175,000 $114,000 $411,000
Black or African American 5 $575,000 $115,000 $175,000 $28,000 $59,000
Asian 3 $505,000 $168,000 $205,000 $90,000 $109,000
Native Hawaiian or Other Pacific Islander 1 $165,000 $165,000 $165,000 $31,000 $31,000

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) 931 $130,285,000 $139,000 $855,000 $119,000 $1,525,000
FHA-insured (Federal Housing Administration) 156 $21,250,000 $136,000 $2,535,000 $55,000 $182,000
VA-guaranteed (Veterans Administration) 102 $16,990,000 $166,000 $475,000 $72,000 $228,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 71 $6,815,000 $95,000 $165,000 $43,000 $97,000

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 612 $90,510,000 $147,000 $2,535,000 $117,000 $1,525,000
Application Denied By Financial Institution 222 $23,400,000 $105,000 $605,000 $74,000 $549,000
Loan Purchased By The Institution 217 $34,615,000 $159,000 $475,000 $119,000 $893,000
Application Withdrawn By Applicant 134 $18,470,000 $137,000 $655,000 $98,000 $545,000
File Closed For Incompleteness 48 $5,120,000 $106,000 $315,000 $65,000 $193,000
Application Approved But Not Accepted 27 $3,225,000 $119,000 $405,000 $95,000 $316,000
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
Not applicable 1,016 $148,860,000 $146,000 $2,535,000 $111,000 $1,525,000
Credit History 80 $7,030,000 $87,000 $355,000 $73,000 $450,000
Debt-To-Income Ratio 72 $8,470,000 $117,000 $685,000 $69,000 $560,000
Collateral 47 $5,525,000 $117,000 $605,000 $87,000 $368,000
Credit Application Incomplete 16 $2,110,000 $131,000 $425,000 $102,000 $260,000
Other 15 $1,375,000 $91,000 $315,000 $73,000 $210,000
Unverifiable Information 11 $1,105,000 $100,000 $255,000 $48,000 $86,000
Insufficient Cash (Downpayment, Closing Cost) 2 $420,000 $210,000 $325,000 $289,000 $549,000
Employment History 1 $445,000 $445,000 $445,000 $169,000 $169,000
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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