Elko County, NV Mortgage Lenders & HMDA Data, 2024

In 2024, lenders reported 1,953 mortgage applications in Elko County, NV totaling $491.0 million, up 15% from 2023. The average application was for $251,000, and applicants reported an average income of $119,000. 54% of applications resulted in an originated loan and 14% were denied. The most active lender was Guild Mortgage Company, with 305 applications, followed by Movement Mortgage, LLC and US Bank, N.A..

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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 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 1,953
Total Mortgage Loan Application Amount $491,035,000
Average Mortgage Loan Application Amount $251,000
Highest Mortgage Loan Application Amount $3,805,000
Average Applicant Income $119,000
Highest Applicant Income $1,708,000

Mortgage Company List for Lending in Elko County, NV 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
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ n/a 305 $ 82,355,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ n/a 124 $ 29,710,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 120 $ 26,200,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 87 $ 30,015,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 73 $ 25,795,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 70 $ 23,140,000
Iserve Residential Lending
10920 VIA FRONTERA SUITE 520
SAN DIEGO, CA 92127
* $ n/a 65 $ 20,435,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ n/a 52 $ 6,460,000
Zions Bancorporation, N.A.

DENVER, CO 80237
* $ n/a 44 $ 6,270,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ n/a 41 $ 12,365,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 41 $ 9,755,000
Greater Nevada Mortgage
4070 SILVER SAGE DRIVE
CARSON CITY, NV 89701
* $ n/a 36 $ 10,370,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ n/a 31 $ 4,205,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 31 $ 9,015,000
America First Federal Credit Union
4774 S 1300 W, BLDG 3
RIVERDALE, UT 84405
* $ n/a 30 $ 4,500,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 30 $ 6,040,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 28 $ 9,800,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 27 $ 1,825,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 26 $ 6,950,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 23 $ 7,345,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 22 $ 1,340,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ n/a 21 $ 6,055,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 21 $ 2,145,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 21 $ 6,745,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 20 $ 5,140,000
Mountain America Federal Credit Union
7181 SOUTH CAMPUS VIEW DRIVE
SANDY, UT 84091
* $ n/a 18 $ 2,580,000
Washington Federal
425 PIKE ST
SEATTLE, WA 98101
* $ n/a 18 $ 2,830,000
United Federal Credit Union
2807 SOUTH STATE ST
ST. JOSEPH, MI 49085
* $ n/a 17 $ 3,685,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ n/a 14 $ 4,150,000
Lima One Capital, LLC
201 E. MCBEE AVE, SUITE 300
GREENVILLE, SC 29601
* $ n/a 14 $ 3,650,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ n/a 14 $ 2,490,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 14 $ 880,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 13 $ 2,975,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ n/a 12 $ 3,320,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 12 $ 3,570,000
Premier Mortgage Resources, LLC
3363 E PRESIDENTIAL DR STE 200
MERIDIAN, ID 83646
* $ n/a 11 $ 3,135,000
Operating Engineers Federal Credit Union
250 N CANYONS PARKWAY
LIVERMORE, CA 94551
* $ n/a 11 $ 1,425,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 10 $ 660,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 10 $ 3,270,000
Deephaven Mortgage LLC
3530 TORINGDON WAY #200
CHARLOTTE, NC 28277
* $ n/a 9 $ 2,665,000
Securitynational Mortgage Company
5300 SOUTH 360 WEST
SALT LAKE CITY, UT 84123
* $ n/a 9 $ 2,545,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 9 $ 3,415,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ n/a 9 $ 2,515,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 8 $ 980,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 8 $ 2,430,000
The Loan Store, Inc

TUCSON, AZ 85718
* $ n/a 8 $ 2,190,000
Calcon Mutual Mortgage LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ n/a 8 $ 1,920,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 7 $ 1,505,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 7 $ 1,985,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 7 $ 1,805,000
Flagstar Bank NA

TROY, MI 49098
* $ n/a 6 $ 1,480,000
Kiavi Funding, Inc.
315 MONTGOMERY STREET 16TH FLOOR
SAN FRANCISCO, CA 94104
* $ n/a 6 $ 950,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 6 $ 1,600,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ n/a 6 $ 1,330,000
Mission Loans, LLC

IRVINE, CA 92612
* $ n/a 5 $ 555,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 5 $ 2,055,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 5 $ 2,285,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ n/a 5 $ 945,000
First Colony Mortgage Corporat
500 EAST PARK AVENUE SUITE 900
OREM, UT 84097
* $ n/a 4 $ 1,360,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ n/a 4 $ 1,070,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ n/a 4 $ 1,220,000
Idaho Central Credit Union
4400 CENTRAL WAY
CHUBBUCK, ID 83202
* $ n/a 4 $ 940,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ n/a 3 $ 525,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ n/a 3 $ 1,015,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ n/a 3 $ 1,395,000
Tjc Mortgage Inc
1 PERIMETER PARK S, STE 230 S
BIRMINGHAM, AL 35243
* $ n/a 3 $ 1,135,000
Stg Mortgage Inc
18401 VON KARMAN AVENUE SUITE 440
IRVINE, CA 92612
* $ n/a 3 $ 1,035,000
Canopy Mortgage, LLC
360 TECHNOLOGY COURT STE. 200
LINDON, UT 84003
* $ n/a 3 $ 895,000
Ameris Bank
300 SOUTH MAIN STREET
ATLANTA, GA 30305
* $ n/a 3 $ 915,000
Data Mortgage, Inc

OCALA, FL 34475
* $ n/a 3 $ 985,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 3 $ 585,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ n/a 3 $ 1,305,000
Summit Funding.Inc
2135 BUTANO DRIVE SUITE 150
SACRAMENTO, CA 95825
* $ n/a 3 $ 805,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 3 $ 1,115,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ n/a 3 $ 925,000
Panorama Mortgage Group, LLC
350 RAMPART BOULEVARD SUITE 310
LAS VEGAS, NV 89113
* $ n/a 3 $ 815,000
Infinity Equity Group, Inc.
2285 HILLTOP DR SUITE 100
REDDING, CA 96002
* $ n/a 3 $ 1,155,000
Cornerstone Capital Bank, SSB
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ n/a 2 $ 290,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ n/a 2 $ 860,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ n/a 2 $ 370,000
Geneva Financial LLC
180 S ARIZONA AVE STE 310
CHANDLER, AZ 85225
* $ n/a 2 $ 980,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ n/a 2 $ 520,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 2 $ 750,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ n/a 2 $ 220,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ n/a 2 $ 740,000
Ally Bank

CHARLOTTE, NC 28202
* $ n/a 2 $ 630,000
Evergreen Moneysource Mortgage Company
15405 SE 37TH STREET
BELLEVUE, WA 98006
* $ n/a 2 $ 600,000
First Technology Federal Credit Union

HILLSBORO, OR 97124
* $ n/a 2 $ 200,000
Deseret First Credit Union
3999 PARKWAY BOULEVARD
WEST VALLEY CITY, UT 84120
* $ n/a 2 $ 200,000
Glacier Bank
202 MAIN
KALISPELL, MT 59901
* $ n/a 2 $ 3,910,000
Ladera Lending, Inc.
555 CORPORATE DRIVE SUITE 215
LADERA RANCH, CA 92694
* $ n/a 2 $ 420,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ n/a 2 $ 500,000
Azuza LLC
2975 S RAINBOW BLVD. SUITE E6
LAS VEGAS, NV 89146
* $ n/a 2 $ 650,000
Loanunited.Com, LLC
3235 SATELLITE BLVD SUITE 314
DULUTH, GA 30096
* $ n/a 2 $ 640,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ n/a 2 $ 160,000
Wsfs Bank
500 DELAWARE AVENUE
WILMINGTON, DE 19801
* $ n/a 2 $ 120,000
Silver State Schools Credit Un
4221 MCLEOD
LAS VEGAS, NV 89119
* $ n/a 2 $ 100,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ n/a 2 $ 390,000
Willamette Valley Bank
101 HIGH ST NE
SALEM, OR 97301
* $ n/a 2 $ 490,000
Pacific Residential Mortgage, LLC
4949 MEADOWS ROAD SUITE 350
LAKE OSWEGO, OR 97035
* $ n/a 2 $ 490,000
Homexpress Mortgage Corp.
1936 E DEERE AVE SUITE 200
SANTA ANA, CA 92705
* $ n/a 2 $ 540,000
Intercap Lending Inc
910 EAST 6600 SOUTH
SALT LAKE CITY, UT 84121
* $ n/a 1 $ 265,000
Unify Financial Federal Credit Union
1899 WESTERN WAY
ALLEN, TX 75013
* $ n/a 1 $ 85,000
Residential Mortgage, LLC
100 CALAIS DRIVE, SUITE 100
ANCHORAGE, AK 99503
* $ n/a 1 $ 395,000
City 1st Mortgage Services, Lc
750 S. MAIN SUITE 104
BOUNTIFUL, UT 84010
* $ n/a 1 $ 215,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ n/a 1 $ 295,000
Hometrust Bank
PO BOX 10
ASHEVILLE, NC 28802
* $ n/a 1 $ 55,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ n/a 1 $ 505,000
First Federal Savings Bank
303 SHOSHONE ST N
TWIN FALLS, ID 83303
* $ n/a 1 $ 155,000
Rbc Bank (Georgia), N.A.

RALEIGH, NC 27607
* $ n/a 1 $ 445,000
Citibank, NA

NEW YORK, NY 10012
* $ n/a 1 $ 425,000
Cornerstone First Mortgage, LLC
2655 CAMINO DEL RIO N #450
SAN DIEGO, CA 92108
* $ n/a 1 $ 505,000
Ocmbc, Inc.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ n/a 1 $ 105,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ n/a 1 $ 465,000
Andrews Federal Credit Union
5711 ALLENTOWN ROAD
SUITLAND, MD 20746
* $ n/a 1 $ 305,000
Change Lending
175 N. RIVERVIEW DRIVE SUITE C
ANAHEIM, CA 92808
* $ n/a 1 $ 115,000
Greenbox Loans
3250 WILSHIRE BLVD., SUITE 1900
LOS ANGELES, CA 90010
* $ n/a 1 $ 475,000
Lendsure Mortgage Corp.
16959 BERNARDO CENTER DR, #102
SAN DIEGO, CA 92128
* $ n/a 1 $ 355,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ n/a 1 $ 385,000
Fourleaf Federal Credit Union
899 SOUTH OYSTER BAY ROAD
BETHPAGE, NY 11714
* $ n/a 1 $ 105,000
Valley West Corporation
8010 W SAHARA AVE SUITE #140
LAS VEGAS, NV 89117
* $ n/a 1 $ 345,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 1 $ 225,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ n/a 1 $ 435,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ n/a 1 $ 275,000
Mortgageone, Inc
2714 LOKER AVE WEST SUITE 300
CARLSBAD, CA 92010
* $ n/a 1 $ 165,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ n/a 1 $ 295,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ n/a 1 $ 335,000
Tower Federal Credit Union
7901 SANDY SPRING ROAD
LAUREL, MD 20707
* $ n/a 1 $ 105,000
Linked Home Loans, LLC dba Home Guide Mortgage
3160 CROW CANYON RD STE 250G
SAN RAMON, CA 94583
* $ n/a 1 $ 355,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ n/a 1 $ 185,000
Clearpath Lending
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ n/a 1 $ 325,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ n/a 1 $ 315,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ n/a 1 $ 365,000
Agwest Farm Credit, Flca
2001 SOUTH FLINT ROAD
SPOKANE, WA 99224
* $ n/a 1 $ 485,000
Roundpoint Mortgage Servicing LLC
446 WRENPLACE ROAD
FORT MILL, SC 29715
* $ n/a 1 $ 265,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ n/a 1 $ 265,000
First National Bank of Omaha
1620 DODGE STREET
OMAHA, NE 68197
* $ n/a 1 $ 285,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ n/a 1 $ 295,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ n/a 1 $ 205,000
Mason-Mcduffie Mortgage Corporation
2010 CROW CANYON PLACE, #400
SAN RAMON, CA 94583
* $ n/a 1 $ 195,000
Angel Oak Mortgage Solutions LLC
980 HAMMOND DRIVE, SUITE 850
ATLANTA, GA 30328
* $ n/a 1 $ 315,000
Nova Financial & Investment Corporation
6245 E. BROADWAY BLVD., SUITE 400
TUCSON, AZ 85711
* $ n/a 1 $ 375,000
Columbia Bank
5885 MEADOWS RD SUITE 400
LAKE OSWEGO, OR 97035
* $ n/a 1 $ 275,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ n/a 1 $ 255,000
Citadel Servicing Corporation
15707 ROCKFIELD BLVD STE 320
IRVINE, CA 92618
* $ n/a 1 $ 225,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ n/a 1 $ 275,000
One Nevada Credit Union
2645 S MOJAVE RD
LAS VEGAS, NV 89121
* $ n/a 1 $ 105,000
Georgia's Own Credit Union
100 PEACHTREE ST NW
100 PEACHTREE ST. NW 2800, GA 30303
* $ n/a 1 $ 55,000
Stifel Bank & Trust
501 NORTH BROADWAY
ST. LOUIS, MO 63102
* $ n/a 1 $ 335,000

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

Mortgage Loan Application Detail Totals for Elko County, NV 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 1,197 $346,955,000 $289,000 $3,805,000 $114,000 $1,708,000
Cash-out Refinancing 283 $59,245,000 $209,000 $755,000 $111,000 $444,000
Refinancing 199 $61,155,000 $307,000 $765,000 $155,000 $1,541,000
Other Purpose 170 $13,190,000 $77,000 $405,000 $132,000 $585,000
Home Improvement 99 $10,005,000 $101,000 $405,000 $133,000 $486,000
Not Applicable 5 $485,000 $97,000 $215,000 $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 1,190 $293,630,000 $246,000 $805,000 $120,000 $1,708,000
Hispanic 333 $82,865,000 $248,000 $745,000 $120,000 $840,000
Not Provided 187 $43,035,000 $230,000 $755,000 $109,000 $422,000
Not applicable 186 $57,930,000 $311,000 $3,805,000 $0 $0
American Indian or Alaskan Native 29 $7,125,000 $245,000 $505,000 $119,000 $486,000
Asian 15 $3,175,000 $211,000 $405,000 $178,000 $465,000
Black or African American 10 $2,630,000 $263,000 $495,000 $100,000 $135,000
Native Hawaiian or Other Pacific Islander 3 $645,000 $215,000 $375,000 $173,000 $195,000

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) 1,090 $215,480,000 $197,000 $3,805,000 $127,000 $1,708,000
FHA-insured (Federal Housing Administration) 658 $204,570,000 $310,000 $505,000 $106,000 $326,000
VA-guaranteed (Veterans Administration) 183 $65,535,000 $358,000 $755,000 $112,000 $343,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 22 $5,450,000 $247,000 $395,000 $83,000 $117,000

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 1,052 $276,770,000 $263,000 $3,805,000 $120,000 $883,000
Application Denied By Financial Institution 268 $42,930,000 $160,000 $765,000 $117,000 $1,708,000
Loan Purchased By The Institution 236 $70,390,000 $298,000 $765,000 $96,000 $274,000
Application Withdrawn By Applicant 202 $57,090,000 $282,000 $755,000 $128,000 $1,541,000
File Closed For Incompleteness 95 $17,645,000 $185,000 $725,000 $119,000 $460,000
Application Approved But Not Accepted 81 $19,895,000 $245,000 $535,000 $112,000 $444,000
Preapproval Approved but not Accepted 16 $5,450,000 $340,000 $415,000 $134,000 $240,000
Preapproval Denied by Financial Institution 3 $865,000 $288,000 $375,000 $59,000 $82,000

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 1,682 $447,240,000 $265,000 $3,805,000 $119,000 $1,541,000
Debt-To-Income Ratio 68 $13,570,000 $199,000 $635,000 $74,000 $400,000
Credit History 67 $9,605,000 $143,000 $405,000 $143,000 $1,708,000
Collateral 54 $7,840,000 $145,000 $765,000 $148,000 $422,000
Credit Application Incomplete 35 $4,675,000 $133,000 $355,000 $113,000 $310,000
Other 23 $3,105,000 $135,000 $445,000 $92,000 $230,000
Unverifiable Information 13 $2,265,000 $174,000 $405,000 $128,000 $585,000
Insufficient Cash (Downpayment, Closing Cost) 10 $2,330,000 $233,000 $435,000 $84,000 $133,000
Employment History 1 $405,000 $405,000 $405,000 $320,000 $320,000
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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