Crawford County, MI Mortgage Lenders & HMDA Data, 2020

In 2020, lenders reported 838 mortgage applications in Crawford County, MI totaling $108.1 million, up 31% from 2019. The average application was for $128,000, and applicants reported an average income of $91,000. 59% of applications resulted in an originated loan and 14% were denied. The most active lender was Huntington National Bank, with 95 applications, followed by Union Home Mortgage Corp. and Tcf National Bank.

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Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in Michigan.
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 838
Total Mortgage Loan Application Amount $108,080,000
Average Mortgage Loan Application Amount $128,000
Highest Mortgage Loan Application Amount $515,000
Average Applicant Income $91,000
Highest Applicant Income $1,537,000

Mortgage Company List for Lending in Crawford County, MI for 2020

* 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
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 108,739,378,000 95 $ 11,095,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 72 $ 8,960,000
Tcf National Bank
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 46,627,366,000 43 $ 5,755,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 167,845,100,000 42 $ 4,850,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ -1,000 36 $ 4,110,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,712,919,000,000 20 $ 2,870,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ -1,000 20 $ 2,250,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 20 $ 3,670,000
Mercantile Bank
310 LEONARD STREET NORTH WEST
GRAND RAPIDS, MI 49504
* $ 3,614,957,000 20 $ 2,950,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,337,646,000,000 19 $ 1,545,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 16 $ 2,340,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 14 $ 1,520,000
Community Financial
500 S HARVEY ST
PLYMOUTH, MI 48170
* $ 1,013,236,000 12 $ 940,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 12 $ 1,530,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 88,826,789,000 11 $ 1,705,000
Mortgage 1 Incorporated
43456 MOUND ROAD
STERLING HEIGHTS, MI 48314
* $ -1,000 10 $ 1,420,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 10 $ 1,210,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 10 $ 1,460,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 10 $ 1,680,000
Flagstar Bank NA

TROY, MI 49098
* $ 23,234,514,000 9 $ 1,215,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 9 $ 1,755,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ -1,000 8 $ 910,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 7 $ 815,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 7 $ 955,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 7 $ 1,455,000
Msu Federal Credit Union
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 4,730,630,000 7 $ 485,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 111,986,078,000 6 $ 760,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 165,742,416,000 6 $ 810,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 112,384,202,000 6 $ 390,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 6,863,398,000 6 $ 840,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,852,983,000,000 6 $ 620,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 6 $ 920,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 397,703,264,000 6 $ 690,000
Mbank
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 1,316,588,000 5 $ 725,000
Michigan Schools and Governmen
40400 GARFIELD ROAD
CLINTON TOWNSHIP, MI 48038
* $ 2,370,725,000 5 $ 745,000
Level One Bank
32991 HAMILTON COURT
FARMINGTON HILLS, MI 48334
* $ 1,582,399,000 4 $ 1,090,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 4 $ 360,000
Dow Credit Union
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,766,990,000 4 $ 370,000
Mortgage Center Lc
26555 EVERGREEN RD SUITE 900
SOUTHFIELD, MI 48076
* $ -1,000 4 $ 350,000
1st State Bank
PO BOX 1468
SAGINAW, MI 48605
* $ 323,664,000 4 $ 560,000
Genisys Credit Union
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 2,847,190,000 4 $ 280,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 2,186,056,000 4 $ 820,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 3 $ 15,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 3 $ 405,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 3 $ 225,000
Frankenmuth Credit Union
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 740,859,000 3 $ 325,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 3 $ 555,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 3 $ 45,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 3 $ 425,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 2 $ 370,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ -1,000 2 $ 230,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 2 $ 170,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 2 $ 220,000
United Financial Credit Union
4685 STATE ST.
SAGINAW, MI 48603
* $ 233,338,000 2 $ 140,000
Independent Bank
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 3,563,694,000 2 $ 760,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 2 $ 310,000
Northern Mortgage Services, LLC
3714 28TH ST SW
GRANDVILLE, MI 49418
* $ -1,000 2 $ 390,000
Wildfire Credit Union
6640 BAY RD
SAGINAW, MI 48605
* $ 844,894,000 2 $ 200,000
Credit Union One
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 1,487,658,000 2 $ 250,000
Lafcu
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ 746,967,000 2 $ 280,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 2 $ 200,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 486,004,220,000 2 $ 430,000
Success Mortgage Partners, Inc
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ -1,000 2 $ 160,000
Lake Trust Credit Union
4605 S OLD US HIGHWAY 23
BRIGHTON, MI 48114
* $ 1,917,933,000 2 $ 80,000
Summit Funding.Inc
2135 BUTANO DRIVE SUITE 150
SACRAMENTO, CA 95825
* $ -1,000 2 $ 400,000
Consumers Credit Union
PO BOX 525
KALAMAZOO, MI 49009
* $ 1,242,456,000 2 $ 180,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 2 $ 240,000
Gvc Mortgage, Inc.
ONE PLAZA DRIVE, SUITE 3
SUITE 200, IN 46064
* $ -1,000 2 $ 150,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 2 $ 260,000
Financial Plus Credit Union
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 569,726,000 2 $ 170,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,503,779,000 2 $ 470,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 2 $ 240,000
Neighborhood Loans, Inc
1333 BUTTERFIELD RD SUITE 600
DOWNERS GROVE, IL 60515
* $ -1,000 1 $ 115,000
Security Credit Union
5255 SECURITY PARK BLVD
HOLLY, MI 48442
* $ 446,049,000 1 $ 25,000
Main Street Bank
31780 TELEGRAPH ROAD, SUITE 100
BINGHAM FARMS, MI 48025
* $ 276,572,000 1 $ 395,000
Ross Mortgage Corporation
2075 W. BIG BEAVER, SUITE 700
TROY, MI 48084
* $ -1,000 1 $ 85,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 1 $ 85,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 135,000
Isabella Bank
139 E. BROADWAY
MT PLEASANT, MI 48858
* $ 1,763,432,000 1 $ 45,000
Ally Bank

CHARLOTTE, NC 28202
* $ 167,492,000,000 1 $ 165,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ -1,000 1 $ 135,000
Waterford Bank, N.A.
3900 N. MCCORD RD
TOLEDO, OH 43617
* $ 772,547,000 1 $ 325,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 32,529,274,000 1 $ 165,000
Comerica Bank

FARMINGTON HILLS, MI 48331
* $ 73,336,000,000 1 $ 115,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 1 $ 135,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 175,000
Heartland Bank
430 N HAMILTON ROAD
WHITEHALL, OH 43213
* $ 1,112,506,000 1 $ 305,000
Johnson Bank
555 MAIN STREET SUITE 490
RACINE, WI 53403
* $ 5,209,882,000 1 $ 75,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 143,390,269,000 1 $ 235,000
Mycumortgage
3560 PENTAGON BLVD. SUITE 301
BEAVERCREEK, OH 45431
* $ -1,000 1 $ 105,000
Choiceone Bank
109 E. DIVISION ST.
SPARTA, MI 49345
* $ 673,946,000 1 $ 65,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 1 $ 265,000
The State Bank & Trust Company
401 CLINTON STREET
DEFIANCE, OH 43512
* $ 1,029,694,000 1 $ 125,000
Highlands Residential Mortgage, Ltd.
950 W BETHANY DR STE 800
ALLEN, TX 75013
* $ -1,000 1 $ 75,000
First State Bank
24300 LITTLE MACK
ST CLAIR SHORES, MI 48080
* $ 772,133,000 1 $ 125,000
Dart Bank
368 S. PARK ST.
MASON, MI 48854
* $ 460,693,000 1 $ 135,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 4,694,690,000 1 $ 55,000
Specialized Loan Servicing LLC
6200 S QUEBEC ST
WILMINGTON, DE 80111
* $ -1,000 1 $ 115,000
United Federal Credit Union
2807 SOUTH STATE ST
ST. JOSEPH, MI 49085
* $ 2,877,075,000 1 $ 35,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 135,000
Commercial Bank
301 N. STATE ST
ALMA, MI 48801
* $ 504,360,000 1 $ 35,000
Dfcu Financial
400 TOWN CENTER DRIVE
DEARBORN, MI 48121
* $ 4,903,176,000 1 $ 165,000
Premier Bank
601 CLINTON STREET
YOUNGSTOWN, OH 44503
* $ 3,439,822,000 1 $ 65,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 2,488,033,000 1 $ 175,000
First International Bank & Trust
1600 S BDWAY
MINOT, ND 58701
* $ 3,466,051,000 1 $ 125,000
Keller Mortgage, LLC

AUSTIN, TX 78746
* $ -1,000 1 $ 165,000
Kellogg Community Credit Union
41 SECOND ST
BATTLE CREEK, MI 49014
* $ 637,246,000 1 $ 225,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ -1,000 1 $ 165,000
Tlc Community Credit Union
3030 S ADRIAN HWY
ADRIAN, MI 49221
* $ 525,007,000 1 $ 65,000
County National Bank
ONE SOUTH HOWELL ST
HILLSDALE, MI 49242
* $ 736,752,000 1 $ 145,000
Thumb Bank & Trust
7254 MICHIGAN AVE., P.O. BOX 560
PIGEON, MI 48755
* $ 274,254,000 1 $ 305,000
Blg Holdings, LLC
2353 S. LINDEN RD. SUITE A
FLINT, MI 48507
* $ -1,000 1 $ 165,000
University of Michigan Credit Union
340 E. HURON
ANN ARBOR, MI 48104
* $ 953,301,000 1 $ 315,000
Redwood Residential Acquisition Corporation
1 BELVEDERE PLACE
MILL VALLEY, CA 94951
* $ -1,000 1 $ 165,000
Pfn Lending Group, Inc.
5016 N PARKWAY CALABASAS
CALABASAS, CA 91302
* $ -1,000 1 $ 345,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 24,774,361,000 1 $ 225,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ 1,289,704,000 1 $ 175,000
Memberfocus Community
6246 CHASE ROAD
DEARBORN, MI 48126
* $ 107,271,000 1 $ 65,000
Vibe Credit Union
1375 N OAKLAND BLVD
NOVI, MI 48377
* $ 913,849,000 1 $ 65,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ -1,000 1 $ 115,000
Dort Financial Credit Union
9048 HOLLY ROAD
GRAND BLANC, MI 48439
* $ 1,005,502,000 1 $ 75,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 1 $ 245,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 85,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 1 $ 95,000
Roundpoint Mortgage Servicing LLC
446 WRENPLACE ROAD
FORT MILL, SC 29715
* $ -1,000 1 $ 185,000
Notre Dame Federal Credit Union
P.O. BOX 7878
NOTRE DAME, IN 46556
* $ 652,360,000 1 $ 135,000
Draper and Kramer Mortgage Corp.
1431 OPUS PLACE SUITE 200
WILMINGTON, DE 60515
* $ -1,000 1 $ 125,000
Honor Credit Union
EDGEWOOD RD
BERRIEN SPRINGS, MI 49103
* $ 1,009,578,000 1 $ 55,000
Edgewater Bank
321 MAIN STREET
SAINT JOSEPH, MI 49085
* $ 185,958,000 1 $ 275,000
Sofi Lending Corp.
375 HEALDSBURG AVENUE, SUITE 280
SACRAMENTO, CA 95448
* $ -1,000 1 $ 105,000
Sunflower Bank, N.A.
3025 CORTLAND CIRCLE - PO BOX 800
DALLAS, TX 75225
* $ 4,172,729,000 1 $ 75,000
Northstar Bank
833 S. VAN DYKE RD.
BAD AXE, MI 48413
* $ 650,192,000 1 $ 85,000
Service Federal Credit Union
3003 LAFAYETTE ROAD
PORTSMOUTH, NH 03801
* $ 3,815,483,000 1 $ 25,000
Valley National Bank
615 MAIN AVENUE
PASSAIC, NJ 07055
* $ 37,441,578,000 1 $ 365,000
Extra Credit Union
6611 CHICAGO ROAD
WARREN, MI 48092
* $ 236,333,000 1 $ 225,000
Members First Credit Union
PO BOX 2165
MIDLAND, MI 48640
* $ 535,641,000 1 $ 85,000
1st Source Bank
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46601
* $ 6,622,194,000 1 $ 125,000
Rbc Bank (Georgia), N.A.

RALEIGH, NC 27607
* $ 4,528,719,000 1 $ 445,000
Wanigas Credit Union
4026 SHATTUCK RD
SAGINAW, MI 48603
* $ 338,939,000 1 $ 115,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 115,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 1 $ 125,000
Freestar Financial Credit Union
PO BOX 2800
MT. CLEMENS, MI 48046
* $ 226,675,000 1 $ 145,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 1 $ 205,000

The tables below break down 2020 mortgage applications in Crawford 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 Crawford County, MI in 2020

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 325 $45,575,000 $140,000 $515,000 $90,000 $503,000
Refinancing 301 $38,395,000 $127,000 $455,000 $94,000 $1,537,000
Cash-out Refinancing 126 $17,950,000 $142,000 $455,000 $96,000 $1,082,000
Other Purpose 43 $3,095,000 $71,000 $505,000 $84,000 $555,000
Home Improvement 38 $2,680,000 $70,000 $175,000 $79,000 $301,000
Not Applicable 5 $385,000 $77,000 $155,000 $0 $0

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 697 $90,525,000 $129,000 $515,000 $92,000 $1,537,000
Not Provided 93 $11,615,000 $124,000 $445,000 $81,000 $545,000
Not applicable 34 $3,830,000 $112,000 $375,000 $80,000 $113,000
Hispanic 8 $1,400,000 $175,000 $365,000 $123,000 $196,000
Black or African American 3 $445,000 $148,000 $295,000 $148,000 $258,000
American Indian or Alaskan Native 2 $190,000 $95,000 $115,000 $57,000 $72,000
Native Hawaiian or Other Pacific Islander 1 $75,000 $75,000 $75,000 $0 $0
Asian 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) 605 $78,665,000 $130,000 $515,000 $102,000 $1,537,000
VA-guaranteed (Veterans Administration) 120 $18,220,000 $151,000 $385,000 $63,000 $240,000
FHA-insured (Federal Housing Administration) 77 $7,495,000 $97,000 $295,000 $46,000 $258,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 36 $3,700,000 $102,000 $255,000 $37,000 $81,000

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 496 $65,490,000 $132,000 $515,000 $92,000 $1,537,000
Application Denied By Financial Institution 120 $13,890,000 $115,000 $365,000 $75,000 $347,000
Application Withdrawn By Applicant 120 $15,780,000 $131,000 $455,000 $95,000 $1,082,000
Loan Purchased By The Institution 44 $6,320,000 $143,000 $395,000 $138,000 $395,000
File Closed For Incompleteness 40 $4,040,000 $101,000 $225,000 $78,000 $210,000
Application Approved But Not Accepted 18 $2,560,000 $142,000 $365,000 $145,000 $678,000
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 704 $92,470,000 $131,000 $515,000 $93,000 $1,537,000
Debt-To-Income Ratio 43 $4,505,000 $104,000 $365,000 $72,000 $270,000
Collateral 31 $3,325,000 $107,000 $335,000 $93,000 $232,000
Credit History 25 $2,775,000 $111,000 $255,000 $72,000 $220,000
Credit Application Incomplete 14 $2,130,000 $152,000 $345,000 $91,000 $283,000
Other 12 $1,720,000 $143,000 $365,000 $89,000 $347,000
Employment History 3 $565,000 $188,000 $365,000 $46,000 $93,000
Insufficient Cash (Downpayment, Closing Cost) 3 $345,000 $115,000 $125,000 $106,000 $106,000
Unverifiable Information 2 $100,000 $50,000 $75,000 $77,000 $84,000
Mortgage Insurance Denied 1 $145,000 $145,000 $145,000 $50,000 $50,000

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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