Danville, IL Metro Area Mortgage Lenders & HMDA Data, 2023

In 2023, lenders reported 1,638 mortgage applications in Danville, IL metro area totaling $152.3 million, down 15% from 2022. The average application was for $92,960, and applicants reported an average income of $76,000. 55% of applications resulted in an originated loan and 18% were denied. The most active lender was The Fisher National Bank, with 111 applications, followed by Iroquois Federal Savings & Loan Association and Crosscountry Mortgage, LLC.

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Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

Years 2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  
Total Number of Mortgage Applications 1,638
Total Mortgage Loan Application Amount $152,270,000
Average Mortgage Loan Application Amount $92,960
Highest Mortgage Loan Application Amount $505,000
Average Applicant Income $76,000
Highest Applicant Income $893,000

Mortgage Company List for Lending in Danville, IL for 2023

* 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 Fisher National Bank
1710 S NEIL ST SUITE 3
FISHER, IL 61843
* $ 227,261,000 111 $ 10,655,000
Iroquois Federal Savings & Loan Association
201 E CHERRY ST
WATSEKA, IL 60970
* $ 823,727,000 98 $ 8,530,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 89 $ 9,705,000
Catlin Bank
202 S SANDUSKY ST
CATLIN, IL 61817
* $ 84,885,000 87 $ 7,295,000
Flat Branch Mortgage, Inc.
101 S. FIFTH STREET, STE 200
COLUMBIA, MO 65201
* $ -1,000 84 $ 10,360,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 46,490,438,000 83 $ 5,535,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 81 $ 2,875,000
Longview Bank
PO BOX 47 102 SOUTH EAST AVENUE
OGDEN, IL 61859
* $ 283,286,000 65 $ 6,455,000
First Financial Bank NA
1401 S. THIRD ST.
TERRE HAUTE, IN 47802
* $ 4,973,142,000 60 $ 3,310,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 60 $ 7,510,000
First Farmers Bank & Trust
123 N. JEFFERSON STREET
CONVERSE, IN 46919
* $ 2,738,488,000 54 $ 3,710,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 41 $ 6,515,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 39 $ 3,325,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 39 $ 1,535,000
The Gifford State Bank
PO BOX 400
GIFFORD, IL 61847
* $ 194,721,000 37 $ 3,185,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 28 $ 3,170,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 129,461,046,000 27 $ 1,305,000
First Financial Bank
255 EAST FIFTH STREET SUITE 900
CINCINNATI, OH 45202
* $ 16,915,645,000 19 $ 1,245,000
Busey Bank
100 W UNIVERSITY AVE
CHAMPAIGN, IL 61820
* $ 12,304,953,000 17 $ 1,825,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 16 $ 1,720,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 14 $ 1,060,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 12 $ 1,410,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 12 $ 1,060,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 182,325,674,000 12 $ 1,130,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 11 $ 1,055,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 11 $ 1,075,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ -1,000 11 $ 965,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ -1,000 10 $ 1,450,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 10 $ 1,400,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 10 $ 880,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 552,307,127,000 10 $ 700,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 9 $ 935,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 9 $ 1,245,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 450,910,000 9 $ 825,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,717,531,000,000 9 $ 975,000
Credit Union 1
200 EAST CHAMPAIGN AVENUE
RANTOUL, IL 61866
* $ 1,579,286,000 8 $ 390,000
Flagstar Bank NA

TROY, MI 49098
* $ 90,036,656,000 8 $ 880,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 8 $ 890,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 8 $ 1,330,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 8 $ 1,280,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 8 $ 790,000
Midland States Bank
1201 NETWORK CENTRE DRIVE
EFFINGHAM, IL 62401
* $ 7,845,713,000 7 $ 485,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 7 $ 305,000
Petefish, Skiles, & Company Bank
102 W. BEARDSTOWN ST.
VIRGINIA, IL 62691
* $ 277,179,000 7 $ 705,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 7 $ 835,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,418,508,000,000 7 $ 385,000
Inb, National Association
322 E. CAPITOL
SPRINGFIELD, IL 62701
* $ 1,820,094,000 6 $ 540,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 5 $ 295,000
Prospect Bank
PO BOX 400
PARIS, IL 61944
* $ 719,036,000 5 $ 455,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 5 $ 415,000
The Fountain Trust Company
615 THIRD ST.
COVINGTON, IN 47932
* $ 721,066,000 5 $ 1,625,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 3,765,608,000 5 $ 315,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 34,681,050,000 5 $ 275,000
First State Bank
706 WASHINGTON STREET
MENDOTA, IL 61342
* $ 1,540,979,000 5 $ 375,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 4 $ 530,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 35,526,360,000 4 $ 540,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 4 $ 780,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 4 $ 250,000
Morton Community Bank
721 W. JACKSON
MORTON, IL 61550
* $ 4,865,566,000 4 $ 370,000
Heartland Bank & Trust Company
401 N HERSHEY RD
BLOOMINGTON, IL 61704
* $ 4,281,261,000 4 $ 350,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ 3,141,703,000 4 $ 100,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 4 $ 580,000
Point Mortgage Corp
864 AMENA COURT
CHULA VISTA, CA 91910
* $ -1,000 4 $ 380,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 4 $ 580,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 3 $ 355,000
The Hometown Savings Bank
533 OHIO ST (PO BOX 9629)
TERRE HAUTE, IN 47807
* $ 497,776,000 3 $ 315,000
Dieterich Bank
300 SUR WOODS DRIVE
EFFINGHAM, IL 62401
* $ 1,273,483,000 3 $ 135,000
United Community Bank
104 N MACOUPIN
CHATHAM, IL 62629
* $ 3,460,034,000 3 $ 435,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 3 $ 265,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 3 $ 355,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 3 $ 255,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 2 $ 170,000
University of Illinois Community Credit Union
2201 S FIRST ST
CHAMPAIGN, IL 61820
* $ 590,568,000 2 $ 550,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ -1,000 2 $ 290,000
Ally Bank

CHARLOTTE, NC 28202
* $ 181,890,000,000 2 $ 460,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 170,000
Diamond Residential Mtg Corp
582 OAKWOOD AVE
LAKE FOREST, IL 60045
* $ -1,000 2 $ 260,000
Purdue Federal CU
1551 WIN HENTSCHEL BLVD., PO BOX 2433
WEST LAFAYETTE, IN 47906
* $ 1,813,728,000 2 $ 310,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 2 $ 200,000
First Mid Bank and Trust, NA
1515 CHARLESTON AVE, PO BOX 499
MATTOON, IL 61938
* $ 6,704,869,000 2 $ 280,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 2 $ 240,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 154,203,000,000 2 $ 60,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 2 $ 470,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 2 $ 140,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 200,262,969,000 2 $ 180,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ 9,123,708,000 2 $ 110,000
Midwest America Federal Credit Union
1104 MEDICAL PARK DR
FORT WAYNE, IN 46825
* $ 797,879,000 2 $ 100,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 2 $ 190,000
Citizens Equity First Credit U
5401 W DIRKSEN PKWY
PEORIA, IL 61607
* $ 7,677,655,000 2 $ 30,000
Cibm Bank
19601 WEST BLUEMOUND ROAD
BROOKFIELD, WI 53045
* $ 745,082,000 2 $ 180,000
Beeline Loans, Inc.
188 VALLEY ST SUITE 225
PROVIDENCE, RI 02909
* $ -1,000 2 $ 280,000
Data Mortgage, Inc

OCALA, FL 34475
* $ -1,000 2 $ 370,000
Prairie State Bank & Trust
3751 W. WABASH AVE
SPRINGFIELD, IL 62704
* $ 843,382,000 2 $ 440,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 110,900,000,000 2 $ 410,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 176,980,258,000 2 $ 110,000
Landmark Credit Union
5445 S. WESTRIDGE DR.
BROOKFIELD, WI 53005
* $ 6,153,509,000 1 $ 5,000
Federated Bank
107 N. CHESTNUT
ONARGA, IL 60955
* $ 119,996,000 1 $ 65,000
Consumers Credit Union
1075 TRI STATE PARKWAY STE 850
GURNEE, IL 60031
* $ 3,048,445,000 1 $ 55,000
University Bank
2015 WASHTENAW AVE
ANN ARBOR, MI 48104
* $ 781,550,000 1 $ 105,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 235,000
Horizon Bank
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 7,794,340,000 1 $ 35,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 1 $ 55,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 1 $ 105,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 379,838,000 1 $ 25,000
Peoples Bank of Kankakee County
315 MAIN NW
BOURBONNAIS, IL 60914
* $ 346,254,000 1 $ 75,000
The First National Bank of Carmi
201 E MAIN STREET, P.O. BOX 70
CARMI, IL 62821
* $ 616,678,000 1 $ 315,000
Scott Credit Union
101 CREDIT UNION WAY
EDWARDSVILLE, IL 62025
* $ 1,751,826,000 1 $ 35,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 55,000
First Option Mortgage, LLC
1100 CIRCLE 75 PARKWAY SOUTH EAST SUITE 300
ATLANTA, GA 30339
* $ -1,000 1 $ 85,000
Plus Relocation Mortgage, LLC
1100 VIRGINIA DRIVE, SUITE 125
FORT WASHINGTON, PA 19034
* $ -1,000 1 $ 115,000
Hickory Point Bank & Trust
225 N WATER STREET
DECATUR, IL 62525
* $ 733,423,000 1 $ 165,000
Guidance Residential, LLC
11107 SUNSET HILLS ROAD, STES 100 & 200
RESTON, VA 20190
* $ -1,000 1 $ 35,000
Frontier Financial, Inc. dba Frontier Mortgage
16647 CHESTERFIELD GROVE ROAD, SUITE 100
CHESTERFIELD, MO 63005
* $ -1,000 1 $ 125,000
Draper and Kramer Mortgage Corp.
1431 OPUS PLACE SUITE 200
WILMINGTON, DE 60515
* $ -1,000 1 $ 95,000
Marquette Bank
6316 S WESTERN AVE
CHICAGO, IL 60636
* $ 2,041,285,000 1 $ 65,000
Great Lakes Credit Union
2525 GREEN BAY
BANNOCKBURN, IL 60015
* $ 1,346,301,000 1 $ 35,000
Longview Community Bank
804 SOUTH SANGAMON AVENUE
GIBSON CITY, IL 60936
* $ 135,977,000 1 $ 125,000
Community Banc Mortgage Corp
301 N MAIN
CHATHAM, IL 62629
* $ -1,000 1 $ 105,000
Fourleaf Federal Credit Union
899 SOUTH OYSTER BAY ROAD
BETHPAGE, NY 11714
* $ 11,943,023,000 1 $ 15,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 1 $ 155,000
Endeavor Capital, LLC
14897 CLAYTON ROAD
CHESTERFIELD, MO 63017
* $ -1,000 1 $ 165,000
Guaranty Home Mortgage Corporation
316 ROBERT ROSE DRIVE
NASHVILLE, TN 37129
* $ -1,000 1 $ 85,000
Lakeview Community Capital
4425 PONE DE LEON BLVD, MS 5-251
CORAL GABLES, FL 33146
* $ -1,000 1 $ 25,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 1 $ 115,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 1 $ 175,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 1 $ 85,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,517,837,000 1 $ 265,000
Vibrant Credit Union
1900 52ND AVE
MOLINE, IL 61265
* $ 1,031,337,000 1 $ 25,000
Teachers Federal Credit Union
102 MOTOR PARKWAY
HAUPPAUGE, NY 11788
* $ 9,280,218,000 1 $ 35,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 1 $ 55,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 4,554,611,000 1 $ 105,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 12,826,414,000 1 $ 15,000
Gvc Mortgage, Inc.
ONE PLAZA DRIVE, SUITE 3
SUITE 200, IN 46064
* $ -1,000 1 $ 85,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ 18,739,008,000 1 $ 75,000
Bank of Springfield
2600 STEVENSON DRIVE
SPRINGFIELD, IL 62711
* $ 1,441,880,000 1 $ 105,000
The Farmers Bank
9 E CLINTON ST
FRANKFORT, IN 46041
* $ 845,171,000 1 $ 205,000
Marine Bank
3050 WABASH AVENUE
SPRINGFIELD, IL 62704
* $ 687,271,000 1 $ 25,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 1 $ 35,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 1 $ 175,000
Scott State Bank
101 WEST MAIN STREET
BETHANY, IL 61914
* $ 212,972,000 1 $ 35,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 4,401,730,000 1 $ 55,000
A&D Mortgage LLC
899 W. CYPRESS CREEK ROAD
FT. LAUDERDALE, FL 33309
* $ -1,000 1 $ 145,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 546,228,000,000 1 $ 35,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 175,000
Ixonia Bank
W1046 MARIETTA AVE
IXONIA, WI 53036
* $ 607,423,000 1 $ 85,000

The tables below break down 2023 mortgage applications in Danville, IL metro area by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Danville, IL in 2023

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 1,005 $107,105,000 $106,000 $505,000 $74,000 $893,000
Refinancing 187 $15,995,000 $85,000 $465,000 $77,000 $353,000
Cash-out Refinancing 166 $15,390,000 $92,000 $365,000 $74,000 $343,000
Home Improvement 139 $5,995,000 $43,000 $185,000 $78,000 $549,000
Other Purpose 131 $7,145,000 $54,000 $285,000 $91,000 $330,000
Not Applicable 10 $640,000 $64,000 $125,000 $35,000 $35,000

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 1,149 $105,225,000 $91,000 $465,000 $79,000 $893,000
Not applicable 182 $21,150,000 $116,000 $505,000 $32,000 $35,000
Not Provided 144 $11,320,000 $78,000 $295,000 $68,000 $353,000
Black or African American 92 $7,720,000 $83,000 $305,000 $62,000 $218,000
Hispanic 45 $4,105,000 $91,000 $235,000 $64,000 $238,000
Asian 12 $1,660,000 $138,000 $245,000 $102,000 $330,000
American Indian or Alaskan Native 10 $850,000 $85,000 $195,000 $123,000 $549,000
Native Hawaiian or Other Pacific Islander 1 $155,000 $155,000 $155,000 $58,000 $58,000

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) 1,135 $91,475,000 $80,000 $505,000 $80,000 $893,000
FHA-insured (Federal Housing Administration) 320 $35,050,000 $109,000 $325,000 $64,000 $193,000
VA-guaranteed (Veterans Administration) 120 $19,880,000 $165,000 $415,000 $76,000 $196,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 63 $5,865,000 $93,000 $265,000 $71,000 $756,000

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 900 $91,230,000 $101,000 $505,000 $81,000 $893,000
Application Denied By Financial Institution 297 $20,465,000 $68,000 $455,000 $70,000 $549,000
Loan Purchased By The Institution 164 $17,440,000 $106,000 $305,000 $53,000 $86,000
Application Withdrawn By Applicant 140 $13,740,000 $98,000 $335,000 $80,000 $756,000
File Closed For Incompleteness 73 $4,505,000 $61,000 $165,000 $62,000 $195,000
Application Approved But Not Accepted 63 $4,755,000 $75,000 $265,000 $66,000 $181,000
Preapproval Approved but not Accepted 1 $135,000 $135,000 $135,000 $55,000 $55,000
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 1,190 $117,800,000 $98,000 $505,000 $77,000 $893,000
Debt-To-Income Ratio 207 $18,095,000 $87,000 $325,000 $74,000 $407,000
Credit History 129 $7,745,000 $60,000 $455,000 $72,000 $549,000
Collateral 58 $4,010,000 $69,000 $185,000 $78,000 $266,000
Credit Application Incomplete 20 $1,190,000 $59,000 $185,000 $73,000 $195,000
Other 18 $1,740,000 $96,000 $215,000 $72,000 $154,000
Unverifiable Information 8 $910,000 $113,000 $215,000 $83,000 $137,000
Employment History 4 $430,000 $107,000 $155,000 $151,000 $420,000
Insufficient Cash (Downpayment, Closing Cost) 4 $350,000 $87,000 $135,000 $55,000 $78,000
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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