Clinton County, IN Mortgage Lenders & HMDA Data, 2015

In 2015, lenders reported 1,244 mortgage applications in Clinton County, IN totaling $126.1 million, up 17% from 2014. The average application was for $101,000, and applicants reported an average income of $56,000. 53% of applications resulted in an originated loan and 22% were denied. The most active lender was The Farmers Bank, with 205 applications, followed by Regions Bank and First Merchants Bank, NA.

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Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in Indiana.
Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

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 1,244
Total Mortgage Loan Application Amount $126,120,000
Average Mortgage Loan Application Amount $101,000
Highest Mortgage Loan Application Amount $5,400,000
Average Applicant Income $56,000
Highest Applicant Income $2,330,000

Mortgage Company List for Lending in Clinton County, IN 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
The Farmers Bank
9 E CLINTON ST
FRANKFORT, IN 46041
* $ 463,608,000 205 $ 18,329,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 118,801,412,000 187 $ 14,880,000
First Merchants Bank, NA
200 E. JACKSON ST.
MUNCIE, IN 47305
* $ 5,801,944,000 69 $ 4,082,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 39 $ 3,397,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,074,981,000,000 37 $ 3,660,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,532,784,000,000 33 $ 3,355,000
Industrial Federal C. U.
1115 SAGAMORE PARKWAY SOUTH
LAFAYETTE, IN 47905
* $ 161,982,000 33 $ 1,549,000
Purdue Federal CU
1551 WIN HENTSCHEL BLVD., PO BOX 2433
WEST LAFAYETTE, IN 47906
* $ 848,339,000 33 $ 4,686,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 32 $ 4,103,000
Premier Home Mortgage, Inc.
3024 TOWER RD
RAPID CITY, SD 57701
* $ 20,569,000 27 $ 2,589,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 23 $ 2,065,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 21 $ 1,983,000
Hallmark Home Mortgage, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ 2,915,000 21 $ 2,275,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 66,111,039,000 20 $ 2,151,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 18 $ 1,898,000
Encompass Federal Credit Union
201 N MAIN ST
TIPTON, IN 46072
* $ 162,542,000 17 $ 1,334,000
American Mortgage Service Company
11503 SPRINGFIELD PIKE
CINCINNATI, OH 45246
* $ 10,000,000 15 $ 1,942,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ 10,000,000 15 $ 5,054,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 182,489,046,000 13 $ 1,274,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 7,873,796,000 13 $ 1,350,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ 10,000,000 13 $ 1,738,000
American Bank of Freedom
127 WEST HUDSON
WELLSVILLE, MO 63384
* $ 146,069,000 13 $ 1,277,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 12 $ 1,416,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 10 $ 833,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 335,060,015,000 10 $ 760,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 10 $ 1,038,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 10 $ 846,000
Elements Financial Federal Cre
225 S EAST ST, SUITE 300
INDIANAPOLIS, IN 46202
* $ 1,060,384,000 9 $ 556,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,356,442,000,000 9 $ 591,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,574,093,000,000 9 $ 820,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 9 $ 1,109,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,781,238,000 9 $ 558,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,808,214,000 8 $ 681,000
Salin Bank and Trust Company
8455 KEYSTONE CROSSING DR.
INDIANAPOLIS, IN 46240
* $ 792,300,000 8 $ 1,109,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 21,610,491,000 7 $ 591,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 7 $ 764,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 136,279,317,000 6 $ 345,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 5 $ 272,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 398,978,359,000 5 $ 319,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 5 $ 603,000
First Financial Bank NA
255 EAST FIFTH STREET SUITE #900
CINCINNATI, OH 45202
* $ 7,197,993,000 5 $ 1,033,000
The Fountain Trust Company
615 THIRD ST.
COVINGTON, IN 47932
* $ 274,014,000 5 $ 345,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ 1,603,436,000 5 $ 515,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 2,727,490,000 5 $ 893,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 4 $ 435,000
CU Channels
1551 WIN HENTSCHEL BLVD., PO BOX 2433
WEST LAFAYETTE, IN 47906
* $ 505,929,000 4 $ 408,000
The Home National Bank of Thorntown
117 E MAIN STREET
THORNTOWN, IN 46071
* $ 104,711,000 4 $ 350,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 4 $ 390,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 4 $ 523,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 67,301,894,000 4 $ 751,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 97,496,905,000 3 $ 302,000
Kentland Bank
PO BOX 145 612 E DUNLAP ST
KENTLAND, IN 47951
* $ 300,462,000 3 $ 426,000
Forum Credit Union
P.O. BOX 50738
INDIANAPOLIS, IN 46250
* $ 1,018,061,000 3 $ 389,000
Gvc Mortgage, Inc.
ONE PLAZA DRIVE, SUITE 3
SUITE 200, IN 46064
* $ 10,000,000 3 $ 326,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 3 $ 291,000
Midwest Bank
200 EAST BROADWAY, P.O. BOX 440
MONMOUTH, IL 61462
* $ 425,492,000 3 $ 343,000
Security Federal Savings Bank
314 4TH ST
LOGANSPORT, IN 46947
* $ 208,243,000 3 $ 627,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 3 $ 344,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 3 $ 424,000
American Equity Mortgage, Inc.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 3 $ 316,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 2 $ 183,000
First Republic Mortgage
9120 OTIS AVE SUITE 201
INDIANAPOLIS, IN 46216
* $ 10,000,000 2 $ 146,000
Star Financial Bank
127 WEST BERRY ST
FORT WAYNE, IN 46802
* $ 1,749,201,000 2 $ 175,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 2 $ 206,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ 100,000,000 2 $ 240,000
The Farmers State Bank
309 S PRAIRIE STREET PO BOX
BROOKSTON, IN 47923
* $ 69,409,000 2 $ 256,000
Lafayette Community Bank
301 SOUTH ST., P. O. BOX 779
LAFAYETTE, IN 47901
* $ 155,845,000 2 $ 319,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 2 $ 163,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 2 $ 272,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,685,931,000 2 $ 163,000
First Farmers Bank & Trust
123 N. JEFFERSON STREET
CONVERSE, IN 46919
* $ 1,334,488,000 2 $ 179,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 447,877,000 2 $ 274,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 2 $ 289,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 2 $ 246,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 2 $ 277,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 255,011,219,000 2 $ 132,000
Union Savings Bank
8534 E KEMPER RD
CINCINNATI, OH 45249
* $ 2,446,095,000 2 $ 252,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 63,635,411,000 2 $ 337,000
Ameriana Bank
2118 BUNDY AVE
NEW CASTLE, IN 47362
* $ 469,069,000 2 $ 5,571,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 136,279,317,000 2 $ 295,000
Discover Home Loans, Inc
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 83,125,845,000 2 $ 284,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 185,888,583,000 2 $ 112,000
Residential Acceptance Corporation
5027 W LAUREL ST
TAMPA, FL 33607
* $ 10,000,000 2 $ 148,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 1 $ 123,000
Mb Financial Bank, National Association
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 9,910,776,000 1 $ 116,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 185,888,583,000 1 $ 8,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 91,782,513,000 1 $ 65,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 102,971,333,000 1 $ 122,000
Crossroads Bank
1205 N CASS ST PO BOX 259
WABASH, IN 46992
* $ 343,261,000 1 $ 20,000
Mutualbank
110 E CHARLES ST
MUNCIE, IN 47305
* $ 1,423,381,000 1 $ 82,000
West End Bank, S.B.
34 SOUTH 7TH STREET
RICHMOND, IN 47374
* $ 259,400,000 1 $ 80,000
Woodforest National Bank
25231 GROGAN'S MILL ROAD
THE WOODLANDS, TX 77380
* $ 4,519,923,000 1 $ 10,000
Wolfe Financial Inc
191 H NC HIGHWAY 42 NORTH
ASHEBORO, NC 27203
* $ 10,000,000 1 $ 59,000
Fowler State Bank
300 E 5TH ST
FOWLER, IN 47944
* $ 141,972,000 1 $ 525,000
The Farmers & Merchants Bank
302 S. OLD U.S. HIGHWAY 41 P.O. BOX 519
BOSWELL, IN 47921
* $ 119,719,000 1 $ 28,000
Kondaur Capital Corporation
333 S ANITA DR STE 400
ORANGE, CA 92868
* $ 54,713,000 1 $ 119,000
Perl Mortgage, Inc.
2936 WEST BELMONT AVE
CHICAGO, IL 60618
* $ 11,000,000 1 $ 110,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 190,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 1 $ 52,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 1 $ 153,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ 10,000,000 1 $ 122,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 51,000
Indiana Members Credit Union
4790 E. 96TH STREET, SUITE 120
INDIANAPOLIS, IN 46240
* $ 1,437,044,000 1 $ 56,000
Centra Credit Union
3801 TUPELO DRIVE
COLUMBUS, IN 47201
* $ 1,229,885,000 1 $ 40,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 1 $ 270,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 1 $ 124,000
Solidarity Community Federal Credit Union
201 SOUTHWAY BLVD EAST
KOKOMO, IN 46902
* $ 209,547,000 1 $ 105,000
Horizon Bank, N.A.
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 2,079,078,000 1 $ 114,000
Hoosier Heartland State Bank
1400 DARLINGTON AVE
CRAWFORDSVILLE, IN 47933
* $ 150,549,000 1 $ 6,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 395,549,000 1 $ 119,000
Flagstar Bank
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 9,779,461,000 1 $ 158,000
Mainsource Bank
2105 N STATE RD 3 BYPASS
GREENSBURG, IN 47240
* $ 3,124,382,000 1 $ 154,000
Access National Bank
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 1,052,329,000 1 $ 87,000
X - Financial Builders FCU - Deconverted
2828 S. LAFOUNTAIN ST
KOKOMO, IN 46904
* $ 73,552,000 1 $ 25,000
1st Signature Lending, LLC
9800 CROSSPOINT BLVD.
INDIANAPOLIS, IN 46256
* $ 1,028,000 1 $ 102,000
Alliance Financial Resources
5410 EAST HIGH STREET SUITE 200
PHOENIX, AZ 85054
* $ 10,000,000 1 $ 115,000
Illini Bank
3200 W. ILES AVENUE
SPRINGFIELD, IL 62711
* $ 291,766,000 1 $ 48,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ 42,331,494,000 1 $ 180,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 1 $ 103,000
Community First Bank of Ind
201 W SYCAMORE ST
KOKOMO, IN 46901
* $ 202,820,000 1 $ 46,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ 52,388,000 1 $ 90,000
Fay Servicing LLC

TAMPA, FL 33609
* $ 25,961,064,000 1 $ 62,000
Fme Federal Credit Union
29624 HARPER
ST CLAIR SHORES, MI 48082
* $ 69,798,000 1 $ 63,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 972,551,000 1 $ 133,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 1 $ 93,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 1 $ 20,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 272,000
Greenville National Bank
446 S. BROADWAY
GREENVILLE, OH 45331
* $ 388,136,000 1 $ 329,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 1 $ 71,000
Financial Center First CU
7101 E 56TH STREET
INDIANAPOLIS, IN 46226
* $ 502,639,000 1 $ 63,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ 10,000,000 1 $ 91,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 1 $ 32,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 125,000
Gateway Mortgage Group, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 10,000,000 1 $ 87,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 1 $ 73,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 1 $ 103,000
Winterwood Mortgage Group, LLC
107 N STATE ROAD 135, SUITE 301
GREENWOOD, IN 46142
* $ 1,014,000 1 $ 88,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 1 $ 174,000

The tables below break down 2015 mortgage applications in Clinton County, IN by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Clinton County, IN 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 567 $64,609,000 $113,000 $5,400,000 $47,000 $737,000
Refinancing 565 $56,985,000 $100,000 $1,392,000 $67,000 $2,330,000
Home Improvement 112 $4,526,000 $40,000 $250,000 $53,000 $236,000

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 939 $89,025,000 $94,000 $637,000 $54,000 $436,000
Not applicable 141 $21,344,000 $151,000 $5,400,000 $38,000 $2,089,000
Hispanic 88 $6,302,000 $71,000 $189,000 $43,000 $92,000
Not Provided 67 $8,611,000 $128,000 $1,392,000 $124,000 $2,330,000
American Indian or Alaskan Native 5 $581,000 $116,000 $200,000 $348,000 $824,000
Black or African American 4 $257,000 $64,000 $85,000 $54,000 $109,000
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) 834 $83,642,000 $100,000 $5,400,000 $67,000 $2,330,000
FHA-insured (Federal Housing Administration) 246 $25,658,000 $104,000 $276,000 $37,000 $152,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 104 $9,703,000 $93,000 $270,000 $27,000 $82,000
VA-guaranteed (Veterans Administration) 60 $7,117,000 $118,000 $316,000 $40,000 $137,000

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 657 $72,558,000 $110,000 $5,400,000 $71,000 $2,330,000
Application Denied By Financial Institution 275 $22,977,000 $83,000 $350,000 $47,000 $195,000
Loan Purchased By The Institution 145 $14,390,000 $99,000 $261,000 $15,000 $139,000
Application Withdrawn By Applicant 107 $10,409,000 $97,000 $313,000 $48,000 $156,000
Application Approved But Not Accepted 36 $3,379,000 $93,000 $637,000 $71,000 $420,000
File Closed For Incompleteness 24 $2,407,000 $100,000 $172,000 $46,000 $190,000
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 37 $1,918,000 $51,000 $153,000 $47,000 $114,000
Collateral 32 $3,286,000 $102,000 $350,000 $49,000 $115,000
Debt-To-Income Ratio 24 $1,684,000 $70,000 $236,000 $41,000 $137,000
Credit Application Incomplete 13 $1,256,000 $96,000 $153,000 $49,000 $139,000
Other 8 $1,068,000 $133,000 $276,000 $67,000 $195,000
Insufficient Cash (Downpayment, Closing Cost) 3 $143,000 $47,000 $56,000 $40,000 $80,000
Unverifiable Information 2 $123,000 $61,000 $104,000 $56,000 $79,000
Employment History 2 $51,000 $25,000 $44,000 $66,000 $104,000
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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