Douglas County, MN Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 1,629 mortgage applications in Douglas County, MN totaling $291.8 million, down 21% from 2010. The average application was for $179,000, and applicants reported an average income of $78,000. 49% of applications resulted in an originated loan and 13% were denied. The most active lender was Wells Fargo Bank NA, with 409 applications, followed by US Bank, N.A. and JPMorgan Chase Bank, NA.

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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 1,629
Total Mortgage Loan Application Amount $291,765,000
Average Mortgage Loan Application Amount $179,000
Highest Mortgage Loan Application Amount $13,359,000
Average Applicant Income $78,000
Highest Applicant Income $1,800,000

Mortgage Company List for Lending in Douglas County, MN for 2011

* 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
* $ 1,104,833,000,000 409 $ 68,807,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 199 $ 34,792,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 162 $ 24,552,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 2,071,664,000 75 $ 11,633,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 70 $ 12,142,000
US Bk NA Nd
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,955,059,000 60 $ 5,741,000
Gate City Bank
500 2ND AVE N
FARGO, ND 58102
* $ 1,216,393,000 42 $ 6,697,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 38 $ 6,553,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 30 $ 5,210,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,216,291,000,000 29 $ 4,977,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,303,401,000 28 $ 4,130,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 22 $ 5,031,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 20 $ 4,138,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 20 $ 2,921,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 19 $ 4,088,000
Rescue Mortgage Inc
10740 LYNDALE AVE S, SUITE 19E
BLOOMINGTON, MN 55420
* $ 1,507,000 16 $ 2,207,000
Metlife Bank, N.A.
1555 WEST WALNUT HILL LANE, STE. 200
IRVING, TX 75038
* $ 16,490,790,000 15 $ 3,082,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 13 $ 2,224,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 13 $ 2,642,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 12 $ 1,678,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 12 $ 2,217,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 11 $ 2,071,000
Reunion Mortgage, Inc
860 HILLVIEW COURT #300
MILPITAS, CA 95035
* $ 10,000,000 11 $ 1,736,000
Bank of North Dakota
1200 MEMORIAL HWY
BISMARCK, ND 58504
* $ 35,500,000 9 $ 1,441,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 108,971,662,000 8 $ 1,965,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ 10,000,000 7 $ 1,382,000
American National Bank of Minnesota
1920 SOUTH SIXTH STREET
BRAINERD, MN 56401
* $ 294,875,000 7 $ 1,124,000
The Business Bank
11100 WAYZATA BLVD SUITE 150
MINNETONKA, MN 55305
* $ 156,338,000 7 $ 1,616,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 6 $ 1,182,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 59,517,025,000 6 $ 905,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 6 $ 933,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 5 $ 1,038,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ 101,315,000 5 $ 1,030,000
Marketplace Home Mortgage, LLC
7380 FRANCE AVE S, STE 200
EDINA, MN 55435
* $ 11,000,000 5 $ 1,102,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 5 $ 1,392,000
Go Mortgage, LLC

COLUMBUS, OH 43219
* $ 10,000,000 5 $ 549,000
Magnifi Financial Credit Union
20 4TH AVE SE
MELROSE, MN 56352
* $ 564,317,000 5 $ 529,000
Midwest Bank
613 HWY 10 E PO BOX 703
DETROIT LAKES, MN 56501
* $ 263,047,000 5 $ 586,000
Kirkwood Bank & Trust Co.
2911 N 14TH STREET
BISMARCK, ND 58503
* $ 158,509,000 4 $ 1,035,000
Endura Financial F. C. U.
820 N LILAC
MINNEAPOLIS, MN 55422
* $ 344,399,000 4 $ 623,000
Bremer Bank NA (Willmar)
302 FIFTH ST SW
WILLMAR, MN 56201
* $ 536,948,000 4 $ 649,000
Citifinancial Services, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 4 $ 371,000
Bremer Bank NA (St Cloud)
1100 ST GERMAIN
ST CLOUD, MN 56301
* $ 571,983,000 4 $ 1,317,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 12,522,585,000 4 $ 771,000
Tradition Mortgage, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ 10,000,000 4 $ 916,000
Chicago Mortgage Solutions LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ 10,000,000 4 $ 777,000
Everett Financial Inc.
14801 QUORUM DR SUITE 300
DALLAS, TX 75254
* $ 3,642,000 4 $ 1,082,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 3 $ 371,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 3 $ 422,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 254,825,730,000 3 $ 693,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ 1,112,179,000 3 $ 627,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 162,509,568,000 3 $ 545,000
Stearns Bank National Association
4191 2ND ST S
ST. CLOUD, MN 56301
* $ 1,231,258,000 3 $ 333,000
Merrill Lynch Credit Corp
30930 RUSSELL RANCH RD CA6-916-01-14
WESTLAKE VILLAGE, CA 91362
* $ 2,223,299,000 3 $ 886,000
UBS Ag, Tampa Branch
3000 BAYPORT
TAMPA, FL 33607
* $ 1,400,000,000 3 $ 734,000
American Federal Bank
215 N 5TH ST
FARGO, ND 58102
* $ 412,332,000 3 $ 870,000
Liberty Savings Bank FSB
111 7TH AVE S
SAINT CLOUD, MN 56301
* $ 160,466,000 3 $ 478,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 10,788,420,000 3 $ 342,000
Thrivent Financial Bank
122 EAST COLLEGE AVE., SUITE 1E
APPLETON, WI 54911
* $ 554,688,000 3 $ 392,000
Hiway Credit Union
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 828,468,000 3 $ 409,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 3 $ 342,000
Kinecta Federal Credit Union
1440 ROSECRANS AVE
MANHATTAN BEACH, CA 90266
* $ 3,529,914,000 3 $ 743,000
Starion Bank
109 1ST STREET NW
MANDAN, ND 58554
* $ 775,230,000 2 $ 291,000
Hometown Bank
1000 EAST COOK STREET
REDWOOD FALLS, MN 56283
* $ 177,780,000 2 $ 164,000
Riverwood Bank
14091 BAXTER DR #117
BAXTER, MN 56425
* $ 166,319,000 2 $ 370,000
Ameriprise Bank, FSB
707 2ND AVENUE SOUTH
MINNEAPOLIS, MN 55474
* $ 3,862,039,000 2 $ 519,000
Think Mutual Bank
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,420,764,000 2 $ 470,000
Bonanza Valley State Bank
PO BOX 400 147 CENTRAL AVE S
BROOTEN, MN 56316
* $ 49,035,000 2 $ 546,000
Affiliated Mortgage Company
5700 LEGACY DRIVE STE 10
PLANO, TX 75024
* $ 212,423,000 2 $ 362,000
Midcountry Bank
7825 WASHINGTON AVE. S., STE. 120
BLOOMINGTON, MN 55439
* $ 727,106,000 2 $ 605,000
Access National Mortgage Corp
1800 ROBERT FULTON DR, SUITE 350
RESTON, VA 20191
* $ 10,000,000 2 $ 285,000
Plaza Park State Bank
131 6TH AVE S - SUITE 100, PO BOX 337
WAITE PARK, MN 56387
* $ 159,596,000 2 $ 120,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 5,285,622,000 2 $ 438,000
Crescent Mortgage Company
5901 PEACHTREE DUNWOODY RD NE BLG C, 250
ATLANTA, GA 30328
* $ 931,141,000 2 $ 325,000
Homeservices Lending, LLC
2700 WESTOWN PARKWAY, SUITE 345
WEST DES MOINES, IA 50266
* $ 25,000,000 2 $ 375,000
BNC National Bank

BISMARCK, ND 58501
* $ 745,184,000 2 $ 752,000
Bremer Bank NA (Fargo)
1444 45TH ST SW
FARGO, ND 58103
* $ 1,556,748,000 2 $ 10,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 2 $ 441,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 2 $ 617,000
Tcf National Bank
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 18,734,814,000 2 $ 557,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 2 $ 117,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 2 $ 313,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,796,328,000 2 $ 466,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 21,813,152,000 2 $ 846,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 2 $ 416,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 2 $ 308,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 2 $ 334,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 2 $ 662,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 2 $ 286,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 380,000
NFM, Inc
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ 8,226,000 1 $ 276,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 200,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ 10,000,000 1 $ 225,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ 35,475,880,000 1 $ 247,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 1 $ 50,000
Residential Finance Corp.
401 N. FRONT STREET, SUITE 300
COLUMBUS, OH 43215
* $ 17,533,484,000 1 $ 184,000
Axia Financial LLC
1120 112TH AVE NE STE 600
BELLEVUE, WA 98004
* $ 40,000,000 1 $ 84,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 105,000
Caliber Funding LLC
6031 CONNECTION DRIVE, SUITE 200
IRVING, TX 75039
* $ 37,112,000 1 $ 171,000
Home Finance of America
521 PLYMOUTH ROAD, SUITE 112
PLYMOUTH MEETING, PA 19462
* $ 17,371,000 1 $ 417,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 1 $ 95,000
Qr Lending Inc
555 ZOR SHRINE PLACE
MADISON, WI 53719
* $ 1,093,327,000 1 $ 300,000
United Fidelity Funding Corp.
1300 NW BRIARCLIFF PKWY SUITE 275
JEFFERSON CITY, MO 64150
* $ 1,000,000,000 1 $ 417,000
First Residential Mortgage
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 1 $ 268,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 7,724,367,000 1 $ 274,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 48,783,813,000 1 $ 158,000
Ing Bank, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 91,413,704,000 1 $ 50,000
E*Trade Savings Bank
671 N. GLEBE RD 12TH FLOOR
ARLINGTON, VA 22203
* $ 1,550,836,000 1 $ 221,000
Cit Bank, National Association
75 N. FAIR OAKS AVE.
PASADENA, CA 91103
* $ 26,432,928,000 1 $ 324,000
Cornerstone Home Lending, Inc.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ 57,509,481,000 1 $ 309,000
American Equity Mortgage, Inc.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 1 $ 156,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 1 $ 202,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 299,000
Citicorp Trust Bank, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 11,750,980,000 1 $ 113,000
W. J. Bradley Mortgage Capital
6465 GREENWOOD PLAZA BLVD, SUITE 500
CENTENNIAL, CO 80111
* $ 10,000,000 1 $ 150,000
National Bank of St Anne
158 WEST STATION ST
ST ANNE, IL 60964
* $ 45,737,000 1 $ 300,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,181,819,000 1 $ 411,000
Bremer Bank NA (Grand Forks)
3100 SOUTH COLUMBIA RD
GRAND FORKS, ND 58201
* $ 881,299,000 1 $ 250,000
M&I Bank FSB
W57N14280 DOERR WAY
CEDARBURG, WI 53012
* $ 1,311,970,000 1 $ 157,000
M&I Marshall & Ilsley Bank
W57N14280 DOERR WAY
CEDARBURG, WI 53012
* $ 44,975,270,000 1 $ 13,359,000
Home Federal Bank
P.O. BOX 5000
SIOUX FALLS, SD 57117
* $ 1,223,973,000 1 $ 143,000
Minnwest Mortgage Corporation
5324 EAST ARROWHEAD PKY, SUITE 102
SIOUX FALLS, SD 57110
* $ 1,665,359,000 1 $ 203,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 997,127,000 1 $ 84,000
Kleinbank
301 CHESTNUT ST
CHASKA, MN 55318
* $ 1,495,846,000 1 $ 185,000
American Bank of the North
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 643,436,000 1 $ 93,000
First State Bank of Sauk Centre
423 MAIN ST S
SAUK CENTRE, MN 56378
* $ 98,139,000 1 $ 170,000
Home Savings of America
35 E BROADWAY
LITTLE FALLS, MN 56345
* $ 457,501,000 1 $ 110,000
American Investors Bank and Mortgage
6385 OLD SHADY OAK ROAD, SUITE #110
EDEN PRAIRIE, MN 55344
* $ 71,928,000 1 $ 160,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ 1,603,436,000 1 $ 128,000
Ideal Credit Union
8499 TAMARACK ROAD
WOODBURY, MN 55125
* $ 488,959,000 1 $ 507,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 3,158,932,000 1 $ 215,000
Mill City Credit Union
9999 WAYZATA BOULEVARD
MINNETONKA, MN 55305
* $ 273,029,000 1 $ 130,000
Clearpoint Funding, Inc.
4 TECHNOLOGY DRIVE, SUITE 200
WESTBOROUGH, MA 01581
* $ 10,000,000 1 $ 405,000
Peoples Mortgage Corporation
5175 N. ACADEMY BLVD
COLORADO SPRINGS, CO 80918
* $ 12,500,000 1 $ 205,000
First Bank & Trust
110 N. MINNESOTA AVE
SIOUX FALLS, SD 57104
* $ 393,705,000 1 $ 417,000
Central Bank
2270 FRONTAGE RD WEST
STILLWATER, MN 55082
* $ 777,129,000 1 $ 152,000
Gateway Business Bank
18000 STUDEBAKER ROAD, SUITE 550
CERRITOS, CA 90703
* $ 198,117,000 1 $ 119,000
Avon State Bank
104 AVON AVE N
AVON, MN 56310
* $ 102,542,000 1 $ 150,000
United Prairie Bank
10 FIRESTONE DRIVE, SUITE 300
MANKATO, MN 56001
* $ 524,727,000 1 $ 113,000
Firefly
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 802,602,000 1 $ 160,000
Spire Credit Union
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ 522,984,000 1 $ 90,000

The tables below break down 2011 mortgage applications in Douglas County, MN by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Douglas County, MN in 2011

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 1,133 $217,411,000 $191,000 $13,359,000 $82,000 $1,800,000
Home Purchase 437 $68,708,000 $157,000 $417,000 $71,000 $841,000
Home Improvement 59 $5,646,000 $95,000 $300,000 $75,000 $205,000

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 1,258 $212,510,000 $168,000 $684,000 $87,000 $1,800,000
Not applicable 249 $57,174,000 $229,000 $13,359,000 $25,000 $760,000
Not Provided 104 $18,807,000 $180,000 $404,000 $84,000 $416,000
Asian 8 $1,635,000 $204,000 $390,000 $299,000 $834,000
Hispanic 6 $678,000 $113,000 $209,000 $49,000 $92,000
American Indian or Alaskan Native 4 $961,000 $240,000 $261,000 $95,000 $120,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Black or African American 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) 1,203 $227,509,000 $189,000 $13,359,000 $89,000 $960,000
FHA-insured (Federal Housing Administration) 249 $37,468,000 $150,000 $402,000 $54,000 $1,800,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 118 $14,878,000 $126,000 $269,000 $34,000 $70,000
VA-guaranteed (Veterans Administration) 59 $11,910,000 $201,000 $547,000 $46,000 $247,000

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 802 $146,699,000 $182,000 $13,359,000 $91,000 $960,000
Loan Purchased By The Institution 382 $67,354,000 $176,000 $417,000 $47,000 $834,000
Application Denied By Financial Institution 208 $35,056,000 $168,000 $556,000 $74,000 $599,000
Application Withdrawn By Applicant 132 $23,161,000 $175,000 $547,000 $96,000 $1,800,000
Application Approved But Not Accepted 61 $11,330,000 $185,000 $417,000 $102,000 $580,000
File Closed For Incompleteness 44 $8,165,000 $185,000 $401,000 $67,000 $180,000
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
Collateral 51 $9,353,000 $183,000 $556,000 $93,000 $375,000
Debt-To-Income Ratio 49 $7,735,000 $157,000 $375,000 $50,000 $180,000
Credit History 30 $4,477,000 $149,000 $315,000 $59,000 $138,000
Other 24 $4,374,000 $182,000 $390,000 $103,000 $599,000
Credit Application Incomplete 14 $2,550,000 $182,000 $400,000 $72,000 $228,000
Unverifiable Information 9 $1,737,000 $193,000 $360,000 $63,000 $129,000
Insufficient Cash (Downpayment, Closing Cost) 8 $1,216,000 $152,000 $260,000 $67,000 $120,000
Employment History 3 $354,000 $118,000 $136,000 $39,000 $54,000
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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