Franklin County, FL Mortgage Lenders & HMDA Data, 2017

In 2017, lenders reported 680 mortgage applications in Franklin County, FL totaling $154.2 million, up 9% from 2016. The average application was for $226,000, and applicants reported an average income of $125,000. 45% of applications resulted in an originated loan and 20% were denied. The most active lender was Centennial Bank, with 92 applications, followed by Homebridge Financial Services, Inc and Wells Fargo 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 680
Total Mortgage Loan Application Amount $154,228,000
Average Mortgage Loan Application Amount $226,000
Highest Mortgage Loan Application Amount $1,827,000
Average Applicant Income $125,000
Highest Applicant Income $1,461,000

Mortgage Company List for Lending in Franklin County, FL for 2017

* 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
Centennial Bank
PO BOX 966
ARKANSAS, AR 72033
* $ 9,793,959,000 92 $ 15,482,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 46 $ 12,027,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,727,235,000,000 42 $ 9,402,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 24 $ 2,002,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 23 $ 1,524,000
Ameris Bank
300 SOUTH MAIN STREET
ATLANTA, GA 30305
* $ 6,884,999,000 21 $ 5,641,000
Capital City Bank
1828 WEST TENNESSEE STREET
TALLAHASSEE, FL 32301
* $ 2,823,693,000 19 $ 5,274,000
Hancock Whitney Bank
2510 14TH STREET
GULFPORT, MS 39501
* $ 23,887,875,000 18 $ 7,012,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,082,803,000,000 14 $ 3,840,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 13 $ 2,173,000
Tyndall Federal Credit Union
3109 MINNESOTA AVE
PANAMA CITY, FL 32405
* $ 1,253,881,000 11 $ 1,276,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 11 $ 3,976,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 10 $ 2,059,000
Gateway Mortgage Group, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ -1,000 9 $ 2,031,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 9 $ 2,001,000
Peoplessouth Bank
203 W CRAWFORD ST
COLQUITT, GA 39837
* $ 717,369,000 8 $ 586,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 8 $ 1,749,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 77,760,914,000 8 $ 1,499,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 214,433,035,000 8 $ 2,395,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,677,490,000,000 8 $ 950,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ -1,000 7 $ 1,242,000
Prospect Mortgage, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ -1,000 7 $ 2,318,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 125,042,021,000 7 $ 3,282,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 6 $ 1,186,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,980,496,000 6 $ 2,025,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 6 $ 1,985,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 5 $ 729,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 5 $ 851,000
Synovus Bank
PO BOX 120
COLUMBUS, GA 31902
* $ 29,874,612,000 5 $ 2,381,000
Envision Credit Union
440 NORTH MONROE ST.
TALLAHASSEE, FL 32301
* $ 456,078,000 4 $ 471,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 4 $ 637,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 317,715,000 4 $ 1,370,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 200,557,635,000 4 $ 1,786,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 3,275,430,000 4 $ 617,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 3 $ 308,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 3 $ 383,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 3 $ 701,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 79,775,662,000 3 $ 659,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 3 $ 628,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 3 $ 530,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 355,999,734,000 3 $ 468,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 441,010,095,000 3 $ 1,228,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,186,502,000 3 $ 614,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 3 $ 692,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 3 $ 898,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 1,207,688,000 3 $ 1,021,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 3 $ 320,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 21,301,361,000 3 $ 2,396,000
Prime Meridian Bank
1897 CAPITAL CIRCLE NE
TALLAHASSEE, FL 32312
* $ 303,921,000 3 $ 475,000
Mb Financial Bank, National Association
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 19,227,800,000 3 $ 382,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 3 $ 452,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 2 $ 78,000
Synovus Mortgage Corp.
800 SHADES CREEK PARKWAY
BIRMINGHAM, AL 35209
* $ -1,000 2 $ 388,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,095,554,000 2 $ 406,000
American Nationwide Mortgage Company, Inc.
3820 NORTHDALE BLVD STE 111A
TAMPA, FL 33624
* $ -1,000 2 $ 132,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 375,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 1,850,010,000 2 $ 1,578,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ -1,000 2 $ 472,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 392,980,000 2 $ 65,000
Mainstreet Community Bank of Florida
204 S. WOODLAND BLVD
DELAND, FL 32720
* $ 333,466,000 2 $ 328,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,862,672,000 2 $ 469,000
Redwood Residential Acquisition Corporation
1 BELVEDERE PLACE
MILL VALLEY, CA 94951
* $ 0 2 $ 914,000
Sunshine Community Bank
1400 E PARK AVENUE
TALLAHASSEE, FL 32301
* $ 173,103,000 2 $ 158,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 2 $ 337,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 2 $ 184,000
Campus USA Credit Union
14007 NW 1ST RD
NEWBERRY, FL 32669
* $ 1,500,190,000 2 $ 127,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 2 $ 484,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 2 $ 440,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 475,515,000 2 $ 375,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 2 $ 273,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 2 $ 500,000
Atlanta Postal Credit Union
1605 BOGGS ROAD
ATLANTA, GA 30354
* $ 2,093,521,000 2 $ 466,000
Colony Bank
302 SOUTH MAIN ST.
FITZGERALD, GA 31750
* $ 1,208,667,000 2 $ 543,000
Banksouth Mortgage Company LLC
6340 LAKE OCONEE PARKWAY SUITE 202
GREENSBORO, GA 30642
* $ -1,000 2 $ 519,000
Gmfs, LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ -1,000 2 $ 446,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 2 $ 631,000
First Direct Lending LLC
15261 LAGUNA CANYON ROAD, SUITE 200
IRVINE, CA 92618
* $ -1,000 2 $ 327,000
Charles Schwab Bank, SSB

LONE TREE, CO 80124
* $ 175,715,000,000 2 $ 1,240,000
Guardian Bank
701 WILDWOOD PLANTATION DR.
VALDOSTA, GA 31604
* $ 311,345,000 2 $ 560,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 52,958,000,000 2 $ 2,459,000
South State Bank
520 GERVAIS STREET
COLUMBIA, SC 29201
* $ 8,896,533,000 2 $ 95,000
Gmh Mortgage Services LLC
625 W RIDGE PIKE STE 100; BUILDING C
CONSHOHOCKEN, PA 19428
* $ -1,000 1 $ 244,000
Access National Bank
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 1,430,698,000 1 $ 129,000
Angel Oak Mortgage Solutions LLC
980 HAMMOND DRIVE, SUITE 850
ATLANTA, GA 30328
* $ 0 1 $ 238,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 1 $ 96,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ 8,162,097,000 1 $ 385,000
Mortgage Lenders Investment Tr
1400 INTERNATIONAL PARKWAY SOUTH SUITE 1000 LAKE MARY
LAKE MARY, FL 32746
* $ -1,000 1 $ 133,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 587,672,000 1 $ 252,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 1 $ 200,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 200,000
Connexus Credit Union
2600 PINE RIDGE
WAUSAU, WI 54401
* $ 1,491,081,000 1 $ 175,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 1 $ 238,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,883,786,000 1 $ 117,000
Ccb Community Bank
225 E THREE NOTCH STREET
ANDALUSIA, AL 36420
* $ 459,989,000 1 $ 473,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 2,629,405,000 1 $ 124,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 91,146,995,000 1 $ 150,000
Acu
P.O. BOX 923028
PEACHTREE CORNERS, GA 30092
* $ 1,466,016,000 1 $ 545,000
Commercial Banking Company
3462 NORTH VALDOSTA ROAD
VALDOSTA, GA 31602
* $ 235,235,000 1 $ 80,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 6,411,041,000 1 $ 232,000
Certainty Home Loans, LLC
6101 WEST PLANO PARKWAY
WILMINGTON, DE 75093
* $ -1,000 1 $ 424,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 1 $ 486,000
Countryplace Mortgage, Ltd.

PLANO, TX 75024
* $ -1,000 1 $ 82,000
Avadian Credit Union
1 RIVERCHASE PKWY S
HOOVER, AL 35244
* $ 733,532,000 1 $ 132,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 102,000
Radifi Federal Credit Union
PO BOX 2357
JACKSONVILLE, FL 32232
* $ 373,978,000 1 $ 13,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 1 $ 424,000
The Citizens Bank
301 S DAVIS ST
NASHVILLE, GA 31639
* $ 255,071,000 1 $ 445,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 21,689,804,000 1 $ 130,000
Parkside Lending, LLC
1130 HOWARD ST.
SAN FRANCISCO, CA 94103
* $ -1,000 1 $ 150,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 1 $ 360,000
First Commerce Credit Union
2073 LAKE SUMMIT
TALLAHASSEE, FL 32310
* $ 512,717,000 1 $ 184,000
Angel Oak Home Loans LLC
3600 PEACHTREE ROAD NW, SUITE 500
ATLANTA, GA 30305
* $ -1,000 1 $ 189,000
Hall Financial
888 W BIG BEAVER RD, SUITE 800
TROY, MI 48083
* $ 412,902,000 1 $ 424,000
Trustmark Bank
PO BOX 291
JACKSON, MS 39201
* $ 13,350,429,000 1 $ 146,000
First National Acceptance Company
241 EAST SAGINAW/P.O. BOX 980
EAST LANSING, MI 48826
* $ -1,000 1 $ 61,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 1 $ 43,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 122,631,667,000 1 $ 196,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ -1,000 1 $ 155,000
Ocwen Loan Servicing, LLC
1661 WORTHINGTION ROAD SUITE 100
WEST PALM BEACH, FL 33409
* $ -1,000 1 $ 209,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ -1,000 1 $ 190,000
Community First Bank
5525 US HIGHWAY 10 E
ROSHOLT, WI 54482
* $ 447,700,000 1 $ 348,000
Suncoast Credit Union
6801 E HILLSBOROUGH AVE
TAMPA, FL 33610
* $ 8,035,925,000 1 $ 30,000
Trax Federal Credit Union
3710 N 50TH STREET
TAMPA, FL 33619
* $ 315,910,000 1 $ 94,000
Fairwinds Credit Union
3087 N. ALAFAYA TRAIL
ORLANDO, FL 32826
* $ 2,077,252,000 1 $ 160,000
Acrisure Mortgage, LLC
189 S ORANGE AVE STE 970
ORLANDO, FL 32801
* $ -1,000 1 $ 100,000
Bank of Dawson
P. O. BOX 230
DAWSON, GA 39842
* $ 116,074,000 1 $ 560,000
Howard Bank
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 1,027,051,000 1 $ 50,000
Carrollton Bank

SAINT LOUIS, MO 63132
* $ 1,443,000,000 1 $ 264,000
The Mortgage Firm
921 DOUGLAS AVENUE, SUITE 200
ALTAMONTE SPRINGS, FL 32714
* $ -1,000 1 $ 256,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 1 $ 424,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 18,252,081,000 1 $ 178,000
BNC National Bank

BISMARCK, ND 58501
* $ 908,911,000 1 $ 315,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 1 $ 500,000
Interlinc Mortgage Services, LLC
10613 W. SAM HOUSTON PKWY N. SUITE 200
HOUSTON, TX 77086
* $ -1,000 1 $ 350,000
Forethought Life Insurance Company
10 WEST MARKET STREET STE. 2300
INDIANAPOLIS, IN 46204
* $ -1,000 1 $ 1,827,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 1 $ 120,000
Raymond James Bank
710 CARILLON PARKWAY
SAINT PETERSBURG, FL 33716
* $ 18,159,563,000 1 $ 446,000
Commerce Bank
922 WALNUT, TB 12-1
KANSAS CITY, MO 64106
* $ 25,529,171,000 1 $ 700,000
University Lending Group, LLC
42452 HAYES, STE I
CLLINTON TOWNSHIP, MI 48038
* $ -1,000 1 $ 61,000
Iberiabank
285 WEST ESPLANADE AVENUE, 2ND FLOOR
KENNER, LA 70065
* $ 21,574,595,000 1 $ 326,000
Flint Community Bank
2910 MEREDYTH DRIVE, P.O. BOX 70878
ALBANY, GA 31721
* $ 198,476,000 1 $ 157,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ -1,000 1 $ 209,000
Mycumortgage
3560 PENTAGON BLVD. SUITE 301
BEAVERCREEK, OH 45431
* $ -1,000 1 $ 94,000
Franklin Synergy Bank
722 COLUMBIA AVENUE
FRANKLIN, TN 37064
* $ 2,945,356,000 1 $ 138,000
Summit Bank, National Association
PO BOX 15428
PANAMA CITY, FL 32406
* $ 355,591,000 1 $ 1,075,000
Brand Mortgage Group, LLC
1255 LAKES PARKWAY, BLDG 300, ST 200
LAWRENCEVILLE, GA 30043
* $ -1,000 1 $ 68,000
First Florida Credit Union
500 WEST 1ST STREET
JACKSONVILLE, FL 32202
* $ 811,516,000 1 $ 115,000

The tables below break down 2017 mortgage applications in Franklin County, FL by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Franklin County, FL in 2017

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 431 $98,977,000 $229,000 $1,436,000 $130,000 $1,108,000
Refinancing 214 $51,974,000 $242,000 $1,827,000 $125,000 $1,461,000
Home Improvement 35 $3,277,000 $93,000 $548,000 $65,000 $207,000

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 536 $120,285,000 $224,000 $1,436,000 $135,000 $1,461,000
Not Provided 59 $12,814,000 $217,000 $680,000 $133,000 $625,000
Not applicable 48 $15,586,000 $324,000 $1,827,000 $33,000 $441,000
Black or African American 23 $2,880,000 $125,000 $444,000 $67,000 $200,000
Hispanic 8 $1,584,000 $198,000 $454,000 $160,000 $290,000
American Indian or Alaskan Native 5 $982,000 $196,000 $456,000 $43,000 $142,000
Asian 1 $97,000 $97,000 $97,000 $59,000 $59,000
Native Hawaiian or Other Pacific Islander 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) 563 $134,666,000 $239,000 $1,827,000 $139,000 $1,461,000
VA-guaranteed (Veterans Administration) 57 $11,246,000 $197,000 $444,000 $69,000 $463,000
FHA-insured (Federal Housing Administration) 54 $7,368,000 $136,000 $276,000 $50,000 $240,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 6 $948,000 $158,000 $218,000 $32,000 $88,000

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 305 $77,027,000 $252,000 $1,436,000 $154,000 $1,461,000
Application Denied By Financial Institution 138 $22,749,000 $164,000 $723,000 $79,000 $600,000
Application Withdrawn By Applicant 102 $20,836,000 $204,000 $713,000 $117,000 $714,000
Loan Purchased By The Institution 80 $22,391,000 $279,000 $1,827,000 $107,000 $741,000
File Closed For Incompleteness 36 $6,513,000 $180,000 $444,000 $98,000 $361,000
Application Approved But Not Accepted 19 $4,712,000 $248,000 $865,000 $165,000 $785,000
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 14 $2,608,000 $186,000 $489,000 $129,000 $317,000
Credit History 13 $2,189,000 $168,000 $555,000 $95,000 $240,000
Credit Application Incomplete 10 $2,439,000 $243,000 $450,000 $216,000 $600,000
Debt-To-Income Ratio 9 $2,324,000 $258,000 $680,000 $74,000 $134,000
Insufficient Cash (Downpayment, Closing Cost) 2 $557,000 $278,000 $300,000 $223,000 $435,000
Mortgage Insurance Denied 1 $30,000 $30,000 $30,000 $105,000 $105,000
Employment History 1 $232,000 $232,000 $232,000 $45,000 $45,000
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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