Dukes County, MA Mortgage Lenders & HMDA Data, 2024

In 2024, lenders reported 949 mortgage applications in Dukes County, MA totaling $757.2 million, down 3% from 2023. The average application was for $797,000, and applicants reported an average income of $443,000. 51% of applications resulted in an originated loan and 19% were denied. The most active lender was Cape Cod Five Cents Savings Bank, with 112 applications, followed by Rockland Trust Bank and Marthas Vineyard Bank.

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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 949
Total Mortgage Loan Application Amount $757,185,000
Average Mortgage Loan Application Amount $797,000
Highest Mortgage Loan Application Amount $10,005,000
Average Applicant Income $443,000
Highest Applicant Income $8,004,000

Mortgage Company List for Lending in Dukes County, MA 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
Cape Cod Five Cents Savings Bank
1500 IYANNOUGH RD
HYANNIS, MA 02601
* $ n/a 112 $ 51,940,000
Rockland Trust Bank
288 UNION STREET
ROCKLAND, MA 02370
* $ n/a 108 $ 66,920,000
Marthas Vineyard Bank
496 STATE ROAD; PO BOX 610
WEST TISBURY, MA 02575
* $ n/a 75 $ 53,145,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 53 $ 81,175,000
Baycoast Bank
330 SWANSEA MALL DRIVE
SWANSEA, MA 02777
* $ n/a 51 $ 22,145,000
Baycoast Mortgage Company, LLC
330 SWANSEA MALL DRIVE
SWANSEA, MA 02777
* $ n/a 39 $ 26,175,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 38 $ 18,190,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 23 $ 40,115,000
Leader Bank NA
141 MASSACHUSETTS AVENUE
ARLINGTON, MA 02474
* $ n/a 22 $ 25,410,000
The Bank of Greene County
341 MAIN STREET
CATSKILL, NY 12414
* $ n/a 16 $ 10,630,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 16 $ 1,930,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 14 $ 4,630,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 11 $ 7,475,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 11 $ 9,045,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 10 $ 5,510,000
Eastern Bank
125 HIGH ST
BOSTON, MA 02110
* $ n/a 10 $ 6,340,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ n/a 9 $ 15,085,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 8 $ 2,310,000
Citibank, NA

NEW YORK, NY 10012
* $ n/a 7 $ 8,745,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 7 $ 735,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 7 $ 3,845,000
Service Federal Credit Union
3003 LAFAYETTE ROAD
PORTSMOUTH, NH 03801
* $ n/a 7 $ 5,345,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 7 $ 10,575,000
Allied Mortgage Group, Inc
225 E. CITY AVENUE, SUITE 102
BALA CYNWYD, PA 19004
* $ n/a 6 $ 4,720,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ n/a 6 $ 5,080,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 6 $ 3,820,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ n/a 6 $ 3,020,000
Ocmbc, Inc.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ n/a 6 $ 6,370,000
Webster Bank, N.A.
145 BANK STREET
STAMFORD, CT 06901
* $ n/a 5 $ 7,645,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ n/a 5 $ 2,985,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ n/a 5 $ 4,185,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 5 $ 6,785,000
Peoplesbank
330 WHITNEY AVENUE
HOLYOKE, MA 01040
* $ n/a 5 $ 2,945,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 5 $ 1,605,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ n/a 5 $ 3,485,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 4 $ 2,940,000
Originpoint, LLC
1800 W LARCHMONT AVE SUITE 305
CHICAGO, IL 60613
* $ n/a 4 $ 5,400,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 4 $ 1,800,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 4 $ 2,150,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 4 $ 2,010,000
Ccg Fund 1, LLC
6 LIBERTY SQ #267
BOSTON, MA 02116
* $ n/a 4 $ 9,560,000
Amwest Funding Corp
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ n/a 4 $ 2,910,000
Fall River Five Cents Savings
79 NORTH MAIN ST
FALL RIVER, MA 02720
* $ n/a 4 $ 4,030,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ n/a 4 $ 6,700,000
Lendsure Mortgage Corp.
16959 BERNARDO CENTER DR, #102
SAN DIEGO, CA 92128
* $ n/a 3 $ 3,095,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ n/a 3 $ 815,000
Liberty Bay Credit Union
300 GRANITE STREET
BRAINTREE, MA 02184
* $ n/a 3 $ 2,185,000
Digital Federal Credit Union
220 DONALD LYNCH BOULEVARD
MARLBOROUGH, MA 01752
* $ n/a 3 $ 1,485,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ n/a 3 $ 1,015,000
Deephaven Mortgage LLC
3530 TORINGDON WAY #200
CHARLOTTE, NC 28277
* $ n/a 3 $ 3,735,000
Nqm Funding, LLC
E, 4800 N FEDERAL HWY #200
BOCA RATON, FL 33431
* $ n/a 3 $ 3,205,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ n/a 3 $ 2,245,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 3 $ 1,925,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ n/a 3 $ 3,845,000
Monson Savings Bank
146 MAIN STREET
MONSON, MA 01057
* $ n/a 3 $ 5,115,000
Velocity Commercial Capital LLC
2945 TOWNSGATE ROAD SUITE 110
WESTLAKE VILLAGE, CA 91361
* $ n/a 3 $ 3,915,000
Cambridge Savings Bank
1374 MASSACHUSETTS AVENUE
CAMBRIDGE, MA 02138
* $ n/a 3 $ 11,115,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 3 $ 1,265,000
Bangor Savings Bank
19 MAINE AVENUE
BANGOR, ME 04401
* $ n/a 3 $ 2,215,000
Churchill Funding I LLC
3220 WILKINSON BLVD UNIT A4
CHARLOTTE, NC 28203
* $ n/a 3 $ 8,035,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ n/a 2 $ 2,440,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 2 $ 1,090,000
Redwood Residential Acquisition Corporation
1 BELVEDERE PLACE
MILL VALLEY, CA 94951
* $ n/a 2 $ 2,850,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ n/a 2 $ 1,970,000
Arc Home LLC

MOORESTOWN, NJ 08057
* $ n/a 2 $ 1,580,000
Stifel Bank & Trust
501 NORTH BROADWAY
ST. LOUIS, MO 63102
* $ n/a 2 $ 740,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 2 $ 1,840,000
The Village Bank
307 AUBURN STREET
NEWTON, MA 02464
* $ n/a 2 $ 4,430,000
Goldman Sachs Bank USA
200 WEST STREET
NEW YORK, NY 10282
* $ n/a 2 $ 2,860,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ n/a 2 $ 1,730,000
Loan Funder LLC
645 MADISON AVENUE, 19TH FLOOR
NEW YORK, NY 10022
* $ n/a 2 $ 1,410,000
Harvard Federal Credit Union
104 MOUNT AUBURN STREET
CAMBRIDGE, MA 02138
* $ n/a 2 $ 310,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 2 $ 120,000
Pcsb Bank
2651 STRANG BLVD., SUITE 100, P.O. BOX 712
YORKTOWN HEIGHTS, NY 10598
* $ n/a 2 $ 6,510,000
Berkshire Bank

ALBANY, NY 12207
* $ n/a 2 $ 1,080,000
Radius Financial Group Inc
600 LONGWATER DRIVE SUITE 107
NORWELL, MA 02061
* $ n/a 2 $ 1,930,000
Northern Home Loans, LLC

WOBURN, MA 01801
* $ n/a 2 $ 1,910,000
Bank Rhode Island
ONE TURKS HEAD PLACE
PROVIDENCE, RI 02903
* $ n/a 2 $ 6,530,000
Logan Finance Corporation
1393 VETERANS MEMORIAL HIGHWAY HAUPPAUGE
HAUPPAUGE, NY 11788
* $ n/a 2 $ 1,980,000
American Heritage Lending, LLC
19800 MACARTHUR BLVD SUITE 950
IRVINE, CA 92612
* $ n/a 2 $ 1,420,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 2 $ 2,410,000
City National Bank
555 S FLOWER ST
LOS ANGELES, CA 90071
* $ n/a 2 $ 4,620,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ n/a 2 $ 790,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ n/a 1 $ 535,000
Members Mortgage Company Inc
90 MAPLE STREET
STONEHAM, MA 02180
* $ n/a 1 $ 1,205,000
First Colony Mortgage Corporat
500 EAST PARK AVENUE SUITE 900
OREM, UT 84097
* $ n/a 1 $ 2,805,000
Rockland Federal Credit Union
241 UNION STREET
ROCKLAND, MA 02370
* $ n/a 1 $ 1,025,000
Jmac Lending, Inc.
2510 RED HILL AVENUE
SANTA ANA, CA 92705
* $ n/a 1 $ 655,000
Harvest Bank
75 NORTH MAIN STREET
KIMBALL, MN 55353
* $ n/a 1 $ 2,005,000
Quorum Federal Credit Union
2500 WESTCHESTER AVENUE
PURCHASE, NY 10577
* $ n/a 1 $ 125,000
Rf Renovo Management Company, LLC
222 W ADAMS ST #1980
CHICAGO, IL 60606
* $ n/a 1 $ 945,000
A&D Mortgage LLC
899 W. CYPRESS CREEK ROAD
FT. LAUDERDALE, FL 33309
* $ n/a 1 $ 1,355,000
The Washington Trust Company, of Westerly
23 BROAD STREET
WESTERLY, RI 02891
* $ n/a 1 $ 1,055,000
Proponent FCU
536 WASHINGTON AVE.
NUTLEY, NJ 07110
* $ n/a 1 $ 755,000
Ameritrust Mortgage Corporation

FLOWER MOUND, TX 75022
* $ n/a 1 $ 1,125,000
Mit Federal Credit Union
700 TECHNOLOGY SQUARE
LEXINGTON, MA 02421
* $ n/a 1 $ 205,000
Liberty Bank
315 MAIN STREET
MIDDLETOWN, CT 06457
* $ n/a 1 $ 1,955,000
Hometown Equity Mortgage, LLC
25531 COMMERCENTRE DRIVE SUITE 250
LAKE FOREST, CA 92630
* $ n/a 1 $ 1,425,000
Greenbox Loans
3250 WILSHIRE BLVD., SUITE 1900
LOS ANGELES, CA 90010
* $ n/a 1 $ 1,305,000
Sharon & Crescent United Credit Union
30 POND ST
SHARON, MA 02067
* $ n/a 1 $ 805,000
Oaktree Funding Corp
1298 WEST 7TH STREET
CHANDLER, AZ 85226
* $ n/a 1 $ 1,505,000
Abl Rpc Residential Credit Acquisition LLC
30 MONTGOMERY ST STE 150
JERSEY CITY, NJ 07302
* $ n/a 1 $ 635,000
Workers Federal Credit Union
815 MAIN STREET
LITTLETON, MA 01460
* $ n/a 1 $ 255,000
St. Anne's Credit Union of Fal
286 OLIVER STREET
FALL RIVER, MA 02723
* $ n/a 1 $ 505,000
Capital Bank, N.A.
ONE CHURCH ST SUITE 300
ROCKVILLE, MD 20850
* $ n/a 1 $ 1,015,000
Nutmeg State FCU
521 CROMWELL AVE
ROCKY HILL, CT 06067
* $ n/a 1 $ 1,205,000
Newburyport Five Cents Savings Bank
63 STATE STREET
NEWBURYPORT, MA 01950
* $ n/a 1 $ 2,775,000
Winchester Savings Bank
661 MAIN STREET
WINCHESTER, MA 01890
* $ n/a 1 $ 2,705,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 1 $ 435,000
Middlesex Savings Bank
6 MAIN STREET
NATICK, MA 01760
* $ n/a 1 $ 255,000
CIBC Bank USA
120 SOUTH LASALLE
CHICAGO, IL 60602
* $ n/a 1 $ 2,005,000
Ice Lender Holdings LLC
31 W 34TH ST. #1012
NEW YORK, NY 10018
* $ n/a 1 $ 1,445,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ n/a 1 $ 125,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ n/a 1 $ 935,000
Country Bank for Savings
75 MAIN ST
WARE, MA 01082
* $ n/a 1 $ 475,000
North Easton Savings Bank
20 EASTMAN STREET
SOUTH EASTON, MA 02375
* $ n/a 1 $ 4,305,000
Calcon Mutual Mortgage LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ n/a 1 $ 405,000
Charles Schwab Bank, SSB

LONE TREE, CO 80124
* $ n/a 1 $ 815,000
Massmutual FCU
1295 STATE STREET
SPRINGFIELD, MA 01111
* $ n/a 1 $ 255,000
Bank of Canton
490 TURNPIKE STREET
CANTON, MA 02021
* $ n/a 1 $ 2,255,000
Fourleaf Federal Credit Union
899 SOUTH OYSTER BAY ROAD
BETHPAGE, NY 11714
* $ n/a 1 $ 155,000
Winchester Co-Operative Bank
19 CHURCH STREET
WINCHESTER, MA 01890
* $ n/a 1 $ 805,000
Ixonia Bank
W1046 MARIETTA AVE
IXONIA, WI 53036
* $ n/a 1 $ 365,000
Main Street Bank
81 GRANGER BOULEVARD
MARLBOROUGH, MA 01432
* $ n/a 1 $ 155,000
Hanscom Federal Credit Union
1610 EGLIN ST
HANSCOM AFB, MA 01731
* $ n/a 1 $ 1,245,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ n/a 1 $ 205,000
Washington Trust Mortgage Company LLC
23 BROAD STREET
WESTERLY, RI 02891
* $ n/a 1 $ 1,055,000
Harvest Bank
75 NORTH MAIN STREET
KIMBALL, MN 55353
* $ n/a 1 $ 2,005,000
Hingham Institution for Savings
55 MAIN STREET
HINGHAM, MA 02043
* $ n/a 1 $ 405,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ n/a 1 $ 55,000
HSBC Bank USA, NA

CHICAGO, IL 60606
* $ n/a 1 $ 3,675,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ n/a 1 $ 1,025,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ n/a 1 $ 455,000
Flagstar Bank NA

TROY, MI 49098
* $ n/a 1 $ 605,000
Emporium Tpo LLC

FRISCO, TX 75034
* $ n/a 1 $ 1,045,000
Arvest Bank

TULSA, OK 74103
* $ n/a 1 $ 305,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 1 $ 495,000
Needham Bank
1063 GREAT PLAIN AVE
NEEDHAM, MA 02492
* $ n/a 1 $ 455,000
Georgia's Own Credit Union
100 PEACHTREE ST NW
100 PEACHTREE ST. NW 2800, GA 30303
* $ n/a 1 $ 175,000
Pfn Lending Group, Inc.
5016 N PARKWAY CALABASAS
CALABASAS, CA 91302
* $ n/a 1 $ 1,245,000
Northern Bank & Trust Company
275 MISHAWUM ROAD
WOBURN, MA 01801
* $ n/a 1 $ 405,000
Foundation Mortgage Corporation
1680 MICHIGAN AVE SUITE 700
MIAMI BEACH, FL 33139
* $ n/a 1 $ 1,245,000
The Northern Trust Co
50 S. LA SALLE
CHICAGO, IL 60603
* $ n/a 1 $ 1,955,000
Greenfield Savings Bank
400 MAIN STREET, PO BOX 1537
GREENFIELD, MA 01302
* $ n/a 1 $ 1,105,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ n/a 1 $ 145,000
Mountainone Bank
93 MAIN STREET
NORTH ADAMS, MA 01247
* $ n/a 1 $ 795,000
Tower Federal Credit Union
7901 SANDY SPRING ROAD
LAUREL, MD 20707
* $ n/a 1 $ 355,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 1 $ 795,000
Watermark Capital, Inc.
100 SPECTRUM CENTER DR STE 150
IRVINE, CA 92618
* $ n/a 1 $ 1,245,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ n/a 1 $ 615,000
Total Quality Financial Inc

CARMEL, IN 46032
* $ n/a 1 $ 1,245,000
Synergy One Lending, Inc.
3131 CAMINO DEL RIO N. SUITE 150
SAN DIEGO, CA 92101
* $ n/a 1 $ 255,000
Home Mortgage Alliance Corp (Hmac)
4 HUTTON CENTER DR. SUITE 500
SANTA ANA, CA 92707
* $ n/a 1 $ 345,000
UBS Bank USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ n/a 1 $ 775,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ n/a 1 $ 655,000

The tables below break down 2024 mortgage applications in Dukes County, MA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Dukes County, MA 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 386 $421,640,000 $1,092,000 $6,455,000 $591,000 $8,004,000
Cash-out Refinancing 185 $139,385,000 $753,000 $8,505,000 $397,000 $6,744,000
Home Improvement 149 $52,435,000 $351,000 $4,275,000 $284,000 $2,666,000
Refinancing 115 $83,095,000 $722,000 $4,195,000 $316,000 $4,200,000
Other Purpose 114 $60,630,000 $531,000 $10,005,000 $431,000 $4,500,000
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 522 $358,390,000 $686,000 $6,185,000 $421,000 $7,178,000
Not Provided 150 $127,770,000 $851,000 $5,505,000 $501,000 $8,004,000
Not applicable 113 $147,645,000 $1,306,000 $10,005,000 $877,000 $2,553,000
Black or African American 99 $81,165,000 $819,000 $4,275,000 $511,000 $7,000,000
Hispanic 52 $33,800,000 $650,000 $2,505,000 $372,000 $2,247,000
Asian 7 $4,795,000 $685,000 $1,005,000 $459,000 $644,000
American Indian or Alaskan Native 5 $2,965,000 $593,000 $1,105,000 $125,000 $213,000
Native Hawaiian or Other Pacific Islander 1 $655,000 $655,000 $655,000 $638,000 $638,000

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) 924 $737,720,000 $798,000 $10,005,000 $451,000 $8,004,000
FHA-insured (Federal Housing Administration) 19 $13,025,000 $685,000 $1,165,000 $147,000 $770,000
VA-guaranteed (Veterans Administration) 5 $5,835,000 $1,167,000 $1,835,000 $199,000 $312,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $605,000 $605,000 $605,000 $162,000 $162,000

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 486 $421,470,000 $867,000 $10,005,000 $473,000 $7,178,000
Application Denied By Financial Institution 176 $113,580,000 $645,000 $5,505,000 $319,000 $6,802,000
Application Withdrawn By Applicant 118 $97,270,000 $824,000 $3,665,000 $459,000 $8,004,000
Loan Purchased By The Institution 89 $73,445,000 $825,000 $3,645,000 $711,000 $2,553,000
File Closed For Incompleteness 59 $33,385,000 $565,000 $2,805,000 $462,000 $3,000,000
Application Approved But Not Accepted 20 $16,860,000 $843,000 $2,605,000 $476,000 $3,050,000
Preapproval Approved but not Accepted 1 $1,175,000 $1,175,000 $1,175,000 $550,000 $550,000
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 689 $572,395,000 $830,000 $10,005,000 $473,000 $8,004,000
Debt-To-Income Ratio 172 $117,990,000 $685,000 $4,305,000 $320,000 $4,200,000
Credit History 31 $13,685,000 $441,000 $1,755,000 $331,000 $1,930,000
Collateral 21 $19,645,000 $935,000 $4,755,000 $719,000 $2,913,000
Credit Application Incomplete 17 $10,565,000 $621,000 $5,505,000 $547,000 $6,802,000
Other 10 $12,680,000 $1,268,000 $5,165,000 $280,000 $795,000
Unverifiable Information 5 $3,465,000 $693,000 $1,245,000 $168,000 $327,000
Insufficient Cash (Downpayment, Closing Cost) 4 $6,760,000 $1,690,000 $3,505,000 $785,000 $2,694,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 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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