Douglas County, MN Mortgage Lenders & HMDA Data, 2024

In 2024, lenders reported 1,066 mortgage applications in Douglas County, MN totaling $262.5 million, up 11% from 2023. The average application was for $246,000, and applicants reported an average income of $129,000. 68% of applications resulted in an originated loan and 11% were denied. The most active lender was Bell Bank, with 138 applications, followed by Bremer Bank NA and US Bank, N.A..

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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 1,066
Total Mortgage Loan Application Amount $262,520,000
Average Mortgage Loan Application Amount $246,000
Highest Mortgage Loan Application Amount $20,345,000
Average Applicant Income $129,000
Highest Applicant Income $2,212,000

Mortgage Company List for Lending in Douglas County, MN for 2024

* 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
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ n/a 138 $ 27,540,000
Bremer Bank NA
372 SAINT PETER STREET
SAINT PAUL, MN 55102
* $ n/a 84 $ 14,220,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 67 $ 12,485,000
Gate City Bank
500 2ND AVE N
FARGO, ND 58102
* $ n/a 51 $ 7,515,000
First Western Bank & Trust
900 SOUTH BROADWAY
MINOT, ND 58701
* $ n/a 39 $ 10,635,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ n/a 33 $ 2,895,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 33 $ 10,285,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 30 $ 7,780,000
Flagstar Bank NA

TROY, MI 49098
* $ n/a 27 $ 7,785,000
Magnifi Financial Credit Union
20 4TH AVE SE
MELROSE, MN 56352
* $ n/a 26 $ 5,170,000
Neighborhood National Bank
45 NORTH UNION
MORA, MN 55051
* $ n/a 19 $ 3,645,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 18 $ 3,800,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 16 $ 1,160,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 15 $ 4,235,000
American National Bank of Minnesota
1920 SOUTH SIXTH STREET
BRAINERD, MN 56401
* $ n/a 14 $ 2,280,000
Premier Mortgage Resources, LLC
3363 E PRESIDENTIAL DR STE 200
MERIDIAN, ID 83646
* $ n/a 13 $ 3,375,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 12 $ 2,830,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 11 $ 3,385,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ n/a 10 $ 350,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 9 $ 1,545,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 9 $ 3,095,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ n/a 8 $ 1,920,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ n/a 8 $ 1,640,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ n/a 8 $ 570,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ n/a 8 $ 2,590,000
Trustone Financial Credit Union
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ n/a 8 $ 1,130,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 8 $ 2,940,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 7 $ 1,625,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 7 $ 385,000
Hometown Community Bank

ALEXANDRIA, MN 56308
* $ n/a 7 $ 1,705,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ n/a 6 $ 2,170,000
Kensington Bank
11 CENTRAL AVE N
KENSINGTON, MN 56343
* $ n/a 6 $ 1,480,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 6 $ 2,140,000
Tradition Mortgage, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ n/a 6 $ 1,780,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 6 $ 1,110,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 6 $ 1,780,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 6 $ 1,690,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 6 $ 1,420,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ n/a 5 $ 855,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ n/a 5 $ 725,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ n/a 5 $ 1,365,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ n/a 5 $ 1,615,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 5 $ 955,000
Novation Credit Union
500 IMPERIAL AVE
OAKDALE, MN 55128
* $ n/a 4 $ 130,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ n/a 4 $ 1,350,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ n/a 4 $ 570,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ n/a 4 $ 1,010,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 4 $ 860,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ n/a 3 $ 855,000
Freeport State Bank
111 MAIN ST E
FREEPORT, MN 56331
* $ n/a 3 $ 1,415,000
Unity Bank
207 W LINCOLN ST
AUGUSTA, WI 54722
* $ n/a 3 $ 655,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ n/a 3 $ 415,000
First International Bank & Trust
1600 S BDWAY
MINOT, ND 58701
* $ n/a 3 $ 1,615,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ n/a 3 $ 1,065,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 3 $ 1,085,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 3 $ 645,000
First Bank & Trust
520 6TH STREET
BROOKINGS, SD 57006
* $ n/a 3 $ 645,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 3 $ 555,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ n/a 3 $ 725,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ n/a 3 $ 795,000
Premier Lending Inc.

CHARLOTTE, NC 28277
* $ n/a 3 $ 215,000
Blaze Credit Union
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ n/a 3 $ 485,000
Hometown Bank
1600 MONROE DRIVE
CARVER, MN 55315
* $ n/a 3 $ 695,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 3 $ 525,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 3 $ 885,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 3 $ 255,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ n/a 3 $ 205,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ n/a 3 $ 975,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 3 $ 925,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ n/a 3 $ 1,345,000
Minnwest Bank
300 S WASHINGTON
REDWOOD FALLS, MN 56283
* $ n/a 3 $ 1,125,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ n/a 2 $ 680,000
Mission Loans, LLC

IRVINE, CA 92612
* $ n/a 2 $ 110,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ n/a 2 $ 150,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ n/a 2 $ 200,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ n/a 2 $ 280,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ n/a 2 $ 460,000
Heritage Bank NA
100 SOUTH STREET W
SPICER, MN 56288
* $ n/a 2 $ 610,000
Southpoint Financial Credit Union
924 MAIN STREET E
SLEEPY EYE, MN 56085
* $ n/a 2 $ 420,000
Bridgewater Bank
4450 EXCELSIOR BOULEVARD
ST. LOUIS PARK, MN 55416
* $ n/a 2 $ 2,660,000
Midwest Bank
613 HWY 10 E PO BOX 703
DETROIT LAKES, MN 56501
* $ n/a 2 $ 360,000
St. Cloud Financial Credit Union
3030 1ST ST S
SAINT CLOUD, MN 56301
* $ n/a 2 $ 1,050,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ n/a 2 $ 260,000
Bonanza Valley State Bank
PO BOX 400 147 CENTRAL AVE S
BROOTEN, MN 56316
* $ n/a 2 $ 190,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ n/a 2 $ 730,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ n/a 2 $ 480,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 2 $ 1,270,000
Royal Credit Union
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54702
* $ n/a 2 $ 420,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ n/a 2 $ 3,160,000
Granite Bank
202 2ND AVENUE SOUTH, P.O. BOX 416
COLD SPRING, MN 56320
* $ n/a 2 $ 340,000
Northview Bank
510 MAIN STREET
SANDSTONE, MN 55072
* $ n/a 2 $ 600,000
Cambria Financial Group
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ n/a 2 $ 590,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ n/a 2 $ 620,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ n/a 2 $ 680,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 2 $ 770,000
Deerwood Bank
21236 ARCHIBALD ROAD
WAITE PARK, MN 56387
* $ n/a 2 $ 240,000
Bay Equity LLC

DETROIT, MI 48226
* $ n/a 2 $ 400,000
American Federal Bank
215 N 5TH ST
FARGO, ND 58102
* $ n/a 2 $ 480,000
First Resource Bank
7449 VILLAGE DRIVE
LINO LAKES, MN 55014
* $ n/a 2 $ 190,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ n/a 1 $ 155,000
Arvest Bank

TULSA, OK 74103
* $ n/a 1 $ 75,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ n/a 1 $ 255,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ n/a 1 $ 205,000
Data Mortgage, Inc

OCALA, FL 34475
* $ n/a 1 $ 195,000
Pinnacle Bank
150 3RD AVE SOUTH
NASHVILLE, TN 37203
* $ n/a 1 $ 4,715,000
Mason-Mcduffie Mortgage Corporation
2010 CROW CANYON PLACE, #400
SAN RAMON, CA 94583
* $ n/a 1 $ 165,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ n/a 1 $ 235,000
The Loan Store, Inc

TUCSON, AZ 85718
* $ n/a 1 $ 35,000
Hall Financial
888 W BIG BEAVER RD, SUITE 800
TROY, MI 48083
* $ n/a 1 $ 185,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 1 $ 25,000
Hiawatha National Bank
N1555 770TH ST
HAGER CITY, WI 54014
* $ n/a 1 $ 305,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ n/a 1 $ 235,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ n/a 1 $ 615,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ n/a 1 $ 205,000
Cornerstone State Bank
401 4TH ST N W
MONTGOMERY, MN 56069
* $ n/a 1 $ 95,000
Nextmortgage, LLC
3160 CROW CANYON RD
SAN RAMON, CA 94583
* $ n/a 1 $ 275,000
Security Bank & Trust Company
735 11TH ST E
GLENCOE, MN 55336
* $ n/a 1 $ 805,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ n/a 1 $ 395,000
Border Bank
4530 17TH AVENUE SOUTH
FARGO, ND 58103
* $ n/a 1 $ 175,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ n/a 1 $ 175,000
Greystone Servicing Corporation, Inc.

MEMPHIS, TN 38120
* $ n/a 1 $ 2,725,000
Redwood Residential Acquisition Corporation
1 BELVEDERE PLACE
MILL VALLEY, CA 94951
* $ n/a 1 $ 1,255,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ n/a 1 $ 345,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ n/a 1 $ 125,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ n/a 1 $ 225,000
Georgia's Own Credit Union
100 PEACHTREE ST NW
100 PEACHTREE ST. NW 2800, GA 30303
* $ n/a 1 $ 75,000
Connexus Credit Union
2600 PINE RIDGE
WAUSAU, WI 54401
* $ n/a 1 $ 95,000
Greystone Servicing Corporation, Inc.

MEMPHIS, TN 38120
* $ n/a 1 $ 2,725,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ n/a 1 $ 215,000
Dacotah Bank
308 S MAIN STREET, PO BOX 1210
ABERDEEN, SD 57401
* $ n/a 1 $ 195,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ n/a 1 $ 415,000
Park State Bank
2630 WEST SUPERIOR STREET
DULUTH, MN 55806
* $ n/a 1 $ 165,000
Think Mutual Bank
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ n/a 1 $ 305,000
Weichert Financial Services
225 LITTLETON ROAD
MORRIS PLAINS, NJ 07950
* $ n/a 1 $ 315,000
Newpoint Real Estate Capital
5800 TENNYSON PARKWAY, SUITE 200
PLANO, TX 75024
* $ n/a 1 $ 20,345,000
Sharepoint Credit Union
5300 HYLAND GREENS DR
BLOOMINGTON, MN 55437
* $ n/a 1 $ 35,000
Florida Capital Bank, N.A
10151 DEERWOOD PARK BLVD. BLDG. 100 #200
JACKSONVILLE, FL 32256
* $ n/a 1 $ 265,000
Topline Financial Credit Union
9353 JEFFERSON HWY
MAPLE GROVE, MN 55369
* $ n/a 1 $ 195,000
Dollar Bank, FSB
#3 GATEWAY CENTER, SEVEN WEST
PITTSBURGH, PA 15222
* $ n/a 1 $ 1,005,000
Great Southern Bank
218 S GLENSTONE AVE
SPRINGFIELD, MO 65802
* $ n/a 1 $ 225,000
Agcountry Farm Credit Services, Flca
1900 44TH ST S - PO BOX 6020
FARGO, ND 58108
* $ n/a 1 $ 185,000
First State Bank and Trust
950 N HWY
BAYPORT, MN 55003
* $ n/a 1 $ 135,000
Liberty Bank Minnesota
111 7TH AVE S
ST CLOUD, MN 56301
* $ n/a 1 $ 105,000
Teachers Federal Credit Union
102 MOTOR PARKWAY
HAUPPAUGE, NY 11788
* $ n/a 1 $ 45,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ n/a 1 $ 335,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ n/a 1 $ 175,000
First Premier Bank
400 S SYCAMORE AVE, SUITE 101
SIOUX FALLS, SD 57104
* $ n/a 1 $ 195,000
Visionbank
3059 JOPPA AVE S
SAINT LOUIS PARK, MN 55416
* $ n/a 1 $ 295,000
Advancial Federal Credit Union
1845 WOODALL RODGERS FWY, SUITE 1300
DALLAS, TX 75231
* $ n/a 1 $ 135,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ n/a 1 $ 555,000
Nexbank
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ n/a 1 $ 305,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ n/a 1 $ 215,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ n/a 1 $ 385,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ n/a 1 $ 95,000
United Bank VA

MORGANTOWN, WV 26505
* $ n/a 1 $ 175,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ n/a 1 $ 545,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ n/a 1 $ 135,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 1 $ 365,000

The tables below break down 2024 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 2024

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 529 $153,855,000 $290,000 $2,755,000 $140,000 $2,212,000
Other Purpose 148 $15,330,000 $103,000 $1,255,000 $124,000 $1,178,000
Cash-out Refinancing 131 $30,535,000 $233,000 $2,725,000 $93,000 $266,000
Home Improvement 129 $11,535,000 $89,000 $905,000 $130,000 $651,000
Refinancing 129 $51,265,000 $397,000 $20,345,000 $127,000 $723,000
Not Applicable 0 $0 $0 $0 $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 872 $184,830,000 $211,000 $2,755,000 $125,000 $1,178,000
Not Provided 81 $21,205,000 $261,000 $1,255,000 $178,000 $2,212,000
Not applicable 73 $48,515,000 $664,000 $20,345,000 $123,000 $131,000
Hispanic 17 $2,805,000 $165,000 $435,000 $67,000 $156,000
American Indian or Alaskan Native 7 $985,000 $140,000 $215,000 $87,000 $160,000
Asian 7 $1,575,000 $225,000 $365,000 $195,000 $780,000
Black or African American 7 $2,095,000 $299,000 $495,000 $158,000 $323,000
Native Hawaiian or Other Pacific Islander 2 $510,000 $255,000 $295,000 $106,000 $114,000

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) 906 $198,210,000 $218,000 $4,715,000 $136,000 $2,212,000
FHA-insured (Federal Housing Administration) 86 $40,290,000 $468,000 $20,345,000 $74,000 $202,000
VA-guaranteed (Veterans Administration) 63 $21,385,000 $339,000 $875,000 $86,000 $263,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 11 $2,635,000 $239,000 $395,000 $88,000 $144,000

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 728 $187,190,000 $257,000 $20,345,000 $140,000 $2,212,000
Application Denied By Financial Institution 113 $17,325,000 $153,000 $905,000 $80,000 $364,000
Application Withdrawn By Applicant 106 $31,100,000 $293,000 $2,755,000 $127,000 $1,178,000
Loan Purchased By The Institution 59 $16,725,000 $283,000 $1,255,000 $92,000 $227,000
Application Approved But Not Accepted 30 $5,250,000 $175,000 $535,000 $116,000 $326,000
File Closed For Incompleteness 29 $4,385,000 $151,000 $535,000 $82,000 $160,000
Preapproval Approved but not Accepted 1 $545,000 $545,000 $545,000 $413,000 $413,000
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 922 $235,540,000 $255,000 $20,345,000 $131,000 $2,212,000
Debt-To-Income Ratio 75 $16,645,000 $221,000 $1,405,000 $140,000 $1,178,000
Credit History 25 $2,655,000 $106,000 $285,000 $79,000 $186,000
Collateral 15 $2,245,000 $149,000 $305,000 $93,000 $318,000
Credit Application Incomplete 13 $2,905,000 $223,000 $575,000 $88,000 $275,000
Other 11 $1,445,000 $131,000 $355,000 $115,000 $364,000
Unverifiable Information 2 $600,000 $300,000 $415,000 $72,000 $100,000
Insufficient Cash (Downpayment, Closing Cost) 2 $380,000 $190,000 $195,000 $51,000 $61,000
Employment History 1 $105,000 $105,000 $105,000 $69,000 $69,000
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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