Eureka County, NV Mortgage Lenders & HMDA Data, 2009

In 2009, lenders reported 36 mortgage applications in Eureka County, NV totaling $4.6 million, down 41% from 2008. The average application was for $128,000, and applicants reported an average income of $50,000. 44% of applications resulted in an originated loan and 17% were denied. The most active lender was Wells Fargo Bank, NA, with 5 applications, followed by Bank of America, N.A. and JPMorgan Chase Bank, NA.

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Total Number of Mortgage Applications 36
Total Mortgage Loan Application Amount $4,622,000
Average Mortgage Loan Application Amount $128,000
Highest Mortgage Loan Application Amount $243,000
Average Applicant Income $50,000
Highest Applicant Income $134,000
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Top Mortgage Lenders in Eureka County, NV (2009)

Ranked by the number of mortgage applications each lender reported in Eureka County, NV in 2009.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Wells Fargo Bank, NA
Des Moines, IA
5 $603,000 $120,000 $84,000
2 Bank of America, N.A.
Calabasas, CA
4 $434,000 $108,000 $59,000
3 JPMorgan Chase Bank, NA
Columbus, OH
3 $551,000 $183,000 $19,000
4 US Bank, N.A.
Milwaukee, WI
2 $311,000 $155,000 $23,000
5 Nevada Bank & Trust
Caliente, NV
2 $55,000 $27,000 $43,000
6 PHH Mortgage Corporation
West Palm Beach, FL
2 $279,000 $139,000 $81,000
7 Gmac Mortgage LLC
Ft. Washington, PA
2 $375,000 $187,000 $0
8 Land/Home Financial Services
Concord, CA
2 $184,000 $92,000 $58,000
9 Mann Mortgage LLC
Kalispell, MT
2 $268,000 $134,000 $62,000
10 Taylor, Bean & Whitaker
Ocala, FL
1 $162,000 $162,000 $0

See every lender active in Eureka County, NV in 2009 »

The tables below break down 2009 mortgage applications in Eureka 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 Eureka County, NV in 2009

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 19 $2,449,000 $128,000 $195,000 $56,000 $99,000
Refinancing 12 $1,773,000 $147,000 $243,000 $27,000 $78,000
Home Improvement 5 $400,000 $80,000 $160,000 $82,000 $134,000

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 26 $3,251,000 $125,000 $195,000 $61,000 $134,000
Not applicable 5 $722,000 $144,000 $243,000 $0 $0
Not Provided 2 $375,000 $187,000 $195,000 $48,000 $85,000
American Indian or Alaskan Native 1 $135,000 $135,000 $135,000 $44,000 $44,000
Black or African American 1 $7,000 $7,000 $7,000 $15,000 $15,000
Hispanic 1 $132,000 $132,000 $132,000 $72,000 $72,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Asian 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
FHA-insured (Federal Housing Administration) 18 $2,772,000 $154,000 $243,000 $35,000 $94,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 16 $1,507,000 $94,000 $160,000 $67,000 $134,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $343,000 $171,000 $183,000 $52,000 $59,000
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

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 16 $2,151,000 $134,000 $195,000 $64,000 $134,000
Loan Purchased By The Institution 6 $791,000 $131,000 $243,000 $10,000 $62,000
Application Denied By Financial Institution 6 $667,000 $111,000 $184,000 $46,000 $78,000
Application Withdrawn By Applicant 5 $613,000 $122,000 $136,000 $54,000 $72,000
Application Approved But Not Accepted 3 $400,000 $133,000 $195,000 $59,000 $85,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
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 2 $241,000 $120,000 $141,000 $71,000 $78,000
Credit Application Incomplete 1 $184,000 $184,000 $184,000 $0 $0
Credit History 1 $7,000 $7,000 $7,000 $15,000 $15,000
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 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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