Franklin County, KS Mortgage Lenders & HMDA Data, 2024

In 2024, lenders reported 1,016 mortgage applications in Franklin County, KS totaling $190.2 million, up 9% from 2023. The average application was for $187,000, and applicants reported an average income of $101,000. 59% of applications resulted in an originated loan and 14% were denied. The most active lender was Newrez LLC, with 44 applications, followed by PennyMac Loan Services LLC and The Kansas State Bank.

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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 1,016
Total Mortgage Loan Application Amount $190,240,000
Average Mortgage Loan Application Amount $187,000
Highest Mortgage Loan Application Amount $4,655,000
Average Applicant Income $101,000
Highest Applicant Income $1,095,000

Mortgage Company List for Lending in Franklin County, KS 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
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 44 $ 8,810,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 39 $ 7,185,000
The Kansas State Bank
236 N MAIN
OTTAWA, KS 66067
* $ n/a 37 $ 5,495,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 32 $ 7,900,000
Mid America Bank
802 AMES STREET
BALDWIN CITY, KS 66006
* $ n/a 29 $ 6,205,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 27 $ 1,785,000
Oakstar Bank
1020 E BATTLEFIELD
SPRINGFIELD, MO 65807
* $ n/a 26 $ 5,840,000
Communityamerica Federal Credit Union
9777 RIDGE DR
LENEXA, KS 66219
* $ n/a 25 $ 3,935,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 23 $ 4,645,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 22 $ 5,960,000
Arvest Bank

TULSA, OK 74103
* $ n/a 21 $ 3,015,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 20 $ 3,410,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ n/a 17 $ 1,555,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 17 $ 4,535,000
Nbh Bank
7800 EAST ORCHARD ROAD, SUITE 300
GREENWOOD VILLAGE, CO 80011
* $ n/a 17 $ 2,205,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 17 $ 2,745,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 15 $ 2,195,000
Flat Branch Mortgage, Inc.
101 S. FIFTH STREET, STE 200
COLUMBIA, MO 65201
* $ n/a 15 $ 3,965,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ n/a 14 $ 2,050,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 13 $ 2,805,000
Mainstreet Federal Credit Union
13001 W 95TH STREET
LENEXA, KS 66215
* $ n/a 13 $ 1,345,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 13 $ 2,745,000
The Central Trust Bank
238 MADISON ST.
JEFFERSON CITY, MO 65101
* $ n/a 12 $ 2,070,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 11 $ 2,815,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 11 $ 795,000
Mortgage Investment Services Corporation
22316 MIDLAND DRIVE
SHAWNEE, KS 66226
* $ n/a 10 $ 2,480,000
Capitol Federal Savings Bank
700 S KANSAS AVE
TOPEKA, KS 66603
* $ n/a 10 $ 2,100,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ n/a 10 $ 2,570,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 10 $ 1,120,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ n/a 9 $ 345,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 9 $ 2,775,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ n/a 9 $ 2,745,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 9 $ 1,645,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 9 $ 465,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 8 $ 860,000
Great Southern Bank
218 S GLENSTONE AVE
SPRINGFIELD, MO 65802
* $ n/a 8 $ 850,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ n/a 8 $ 370,000
Hallmark Home Mortgage, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ n/a 8 $ 1,240,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 8 $ 1,320,000
First Option Bank
702 BAPTISTE DR.
PAOLA, KS 66071
* $ n/a 8 $ 1,140,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ n/a 7 $ 2,015,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 7 $ 1,435,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ n/a 7 $ 935,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ n/a 6 $ 940,000
Success Mortgage Partners, Inc
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ n/a 6 $ 1,240,000
Patriots Bank
131 E 4TH AVE PO BOX 327
GARNETT, KS 66032
* $ n/a 6 $ 1,080,000
Truity Federal Credit Union
501 S JOHNSTONE
BARTLESVILLE, OK 74003
* $ n/a 6 $ 610,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ n/a 6 $ 1,590,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ n/a 6 $ 1,560,000
Landmark National Bank
701 POYNTZ AVE
MANHATTAN, KS 66502
* $ n/a 6 $ 2,340,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 6 $ 1,060,000
Azura Credit Union
610 SW 10TH AVENUE
TOPEKA, KS 66612
* $ n/a 6 $ 460,000
Endeavor Capital, LLC
14897 CLAYTON ROAD
CHESTERFIELD, MO 63017
* $ n/a 5 $ 875,000
M Squared Financial LLC
7501 MISSION RD STE 200
PRAIRIE VILLAGE, KS 66208
* $ n/a 5 $ 1,145,000
Stride Bank, National Association
324 WEST BROADWAY AVENUE
ENID, OK 73701
* $ n/a 5 $ 1,145,000
Kiavi Funding, Inc.
315 MONTGOMERY STREET 16TH FLOOR
SAN FRANCISCO, CA 94104
* $ n/a 5 $ 625,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 5 $ 1,285,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ n/a 4 $ 880,000
Baldwin State Bank
721 HIGH ST
BALDWIN CITY, KS 66006
* $ n/a 4 $ 430,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ n/a 4 $ 1,000,000
UMB Bank NA
1010 GRAND BLVD
KANSAS CITY, MO 64106
* $ n/a 4 $ 280,000
Flagstar Bank NA

TROY, MI 49098
* $ n/a 4 $ 760,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ n/a 4 $ 910,000
Members Mortgage Services, LLC
200 E 1ST AVE
HUTCHINSON, KS 67501
* $ n/a 4 $ 690,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 4 $ 230,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ n/a 3 $ 685,000
First Bank
11901 OLIVE BOULEVARD
SAINT LOUIS, MO 63141
* $ n/a 3 $ 705,000
Community Mortgage, LLC
19045 E. VALLEY VIEW PKWY., STE. F
INDEPENDENCE, MO 64055
* $ n/a 3 $ 925,000
Ocmbc, Inc.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ n/a 3 $ 635,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ n/a 3 $ 185,000
First National Bank of Omaha
1620 DODGE STREET
OMAHA, NE 68197
* $ n/a 3 $ 535,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 3 $ 1,065,000
Data Mortgage, Inc

OCALA, FL 34475
* $ n/a 3 $ 555,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ n/a 3 $ 975,000
Bison State Bank
223 MAIN ST
BISON, KS 67520
* $ n/a 3 $ 1,085,000
Truhome Solutions, LLC
9601 LEGLER ROAD
LENEXA, KS 66219
* $ n/a 3 $ 705,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ n/a 3 $ 245,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ n/a 3 $ 555,000
Community National Bank & Trust
14 N LINCOLN
CHANUTE, KS 66720
* $ n/a 3 $ 485,000
Summit Funding.Inc
2135 BUTANO DRIVE SUITE 150
SACRAMENTO, CA 95825
* $ n/a 3 $ 825,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ n/a 3 $ 765,000
Commerce Bank
922 WALNUT, TB 12-1
KANSAS CITY, MO 64106
* $ n/a 3 $ 295,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 2 $ 620,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ n/a 2 $ 230,000
Central National Bank
100 RIMROCK DRIVE
JUNCTION CITY, KS 66441
* $ n/a 2 $ 4,890,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 2 $ 720,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 2 $ 320,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 2 $ 330,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ n/a 2 $ 380,000
Heartland Credit Union
900 EAST 23RD AVENUE
HUTCHINSON, KS 67502
* $ n/a 2 $ 90,000
Envista Federal Credit Union
3626 SW WANAMAKER RD
TOPEKA, KS 66614
* $ n/a 2 $ 40,000
Tjc Mortgage Inc
1 PERIMETER PARK S, STE 230 S
BIRMINGHAM, AL 35243
* $ n/a 2 $ 370,000
Sunflower Bank, N.A.
3025 CORTLAND CIRCLE - PO BOX 800
DALLAS, TX 75225
* $ n/a 2 $ 380,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ n/a 2 $ 380,000
Meritrust Federal Credit Union
8710 E 32ND ST NORTH
WICHITA, KS 67202
* $ n/a 2 $ 100,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ n/a 2 $ 160,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ n/a 2 $ 470,000
Mutual Savings Association
100 S 4TH STREET
LEAVENWORTH, KS 66048
* $ n/a 2 $ 630,000
First State Bank of St Charles
2850 WEST CLAY ST
ST CHARLES, MO 63301
* $ n/a 2 $ 820,000
Emprise Bank
257 N BROADWAY
WICHITA, KS 67202
* $ n/a 2 $ 80,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ n/a 2 $ 690,000
Bay Equity LLC

DETROIT, MI 48226
* $ n/a 1 $ 265,000
Golden Plains Credit Union
1714 EAST KANSAS AVENUE
GARDEN CITY, KS 67846
* $ n/a 1 $ 25,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ n/a 1 $ 65,000
Stockton Mortgage Corporation
88 C MICHAEL DAVENPORT BLVD.
FRANKFORT, KY 40601
* $ n/a 1 $ 135,000
V.I.P. Mortgage, Inc.
9221 E VIA DE VENTURA
SCOTTSDALE, AZ 85258
* $ n/a 1 $ 185,000
Preferred Bank
PO BOX 8
ROTHVILLE, MO 64676
* $ n/a 1 $ 165,000
Citibank, NA

NEW YORK, NY 10012
* $ n/a 1 $ 235,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ n/a 1 $ 85,000
Intrust Bank, NA
105 N MAIN ST
WICHITA, KS 67202
* $ n/a 1 $ 245,000
Ice Lender Holdings LLC
31 W 34TH ST. #1012
NEW YORK, NY 10018
* $ n/a 1 $ 155,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ n/a 1 $ 365,000
Gnbank, N.A.
100 E FOREST (PO BOX 67)
GIRARD, KS 66743
* $ n/a 1 $ 45,000
Secured Investment Corp
701 E FRONT AVE
COEUR D'ALENE, ID 83814
* $ n/a 1 $ 255,000
NFM, Inc
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ n/a 1 $ 395,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ n/a 1 $ 35,000
Country Club Bank
ONE WARD PARKWAY
KANSAS CITY, MO 64112
* $ n/a 1 $ 235,000
White Eagle Credit Union
2830 OHIO
AUGUSTA, KS 67010
* $ n/a 1 $ 205,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ n/a 1 $ 265,000
Jlb Corporation dba Golden Oak Lending
111 WESTPORT PLAZA, #1150
ST. LOUIS, MO 63146
* $ n/a 1 $ 135,000
Cedar Rapids Bank and Trust
500 1ST AVENUE NE SUITE 100
CEDAR RAPIDS, IA 52401
* $ n/a 1 $ 65,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 1 $ 205,000
Peoples Bank
PO BOX 7
MENDENHALL, MS 39114
* $ n/a 1 $ 55,000
Frontier Community Credit Unio
690 EISENHOWER ROAD
LEAVENWORTH, KS 66048
* $ n/a 1 $ 185,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ n/a 1 $ 315,000
Cpm Federal Credit Union
1066 EAST MONTAGUE AVENUE
NORTH CHARLESTON, SC 29405
* $ n/a 1 $ 375,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ n/a 1 $ 275,000
Merchants Bank of Indiana
11555 N. MERIDIAN STREET
CARMEL, IN 46032
* $ n/a 1 $ 265,000
Lyndon State Bank
817 TOPEKA AVE
LYNDON, KS 66451
* $ n/a 1 $ 285,000
Union Bank and Trust Company
PO BOX 82535
LINCOLN, NE 68501
* $ n/a 1 $ 55,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ n/a 1 $ 105,000
Academy Bank, N.A.
8551 NORTH BOARDWALK AVE
KANSAS CITY, MO 64106
* $ n/a 1 $ 245,000
Grand Bank for Savings, FSB
204 WESTOVER DRIVE
HATTIESBURG, MS 39404
* $ n/a 1 $ 55,000
The First Security Bank
312 MAPLE STREET
OVERBROOK, KS 66524
* $ n/a 1 $ 235,000
Communication Federal Credit Union
4141 NW EXPRESSWAY, SUITE 200
OKLAHOMA CITY, OK 73116
* $ n/a 1 $ 75,000
Public Safety Credit Union
2800 E 14TH ST
KANSAS CITY, MO 64127
* $ n/a 1 $ 265,000
Corefirst Bank & Trust
3035 S TOPEKA BLVD
TOPEKA, KS 66611
* $ n/a 1 $ 175,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ n/a 1 $ 455,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ n/a 1 $ 155,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ n/a 1 $ 265,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ n/a 1 $ 155,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ n/a 1 $ 175,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ n/a 1 $ 135,000
First Integrity Mortgage Services, Inc.
77 WESTPORT PLAZA SUITE 200
ST. LOUIS, MO 63146
* $ n/a 1 $ 175,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ n/a 1 $ 105,000
Synergy One Lending, Inc.
3131 CAMINO DEL RIO N. SUITE 150
SAN DIEGO, CA 92101
* $ n/a 1 $ 415,000
Mazuma Credit Union
7260 W 135TH STREET
OVERLAND PARK, KS 66223
* $ n/a 1 $ 175,000
Equity Bank
7701 E KELLOGG STE 100
WICHITA, KS 67207
* $ n/a 1 $ 205,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 1 $ 85,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ n/a 1 $ 245,000
Farmers Bank & Trust
1017 HARRISON
GREAT BEND, KS 67530
* $ n/a 1 $ 175,000

The tables below break down 2024 mortgage applications in Franklin County, KS 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, KS 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 548 $124,370,000 $226,000 $4,655,000 $100,000 $1,095,000
Cash-out Refinancing 192 $33,420,000 $174,000 $585,000 $91,000 $307,000
Other Purpose 104 $6,870,000 $66,000 $325,000 $109,000 $587,000
Refinancing 88 $18,210,000 $206,000 $1,105,000 $100,000 $485,000
Home Improvement 81 $7,065,000 $87,000 $645,000 $122,000 $586,000
Not Applicable 3 $305,000 $101,000 $105,000 $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 694 $120,910,000 $174,000 $855,000 $100,000 $1,095,000
Not applicable 136 $36,400,000 $267,000 $4,655,000 $0 $0
Not Provided 98 $18,560,000 $189,000 $1,385,000 $114,000 $764,000
Hispanic 41 $5,915,000 $144,000 $395,000 $89,000 $347,000
Black or African American 19 $3,335,000 $175,000 $415,000 $116,000 $307,000
American Indian or Alaskan Native 17 $2,805,000 $165,000 $525,000 $105,000 $300,000
Asian 7 $1,485,000 $212,000 $565,000 $88,000 $173,000
Native Hawaiian or Other Pacific Islander 4 $830,000 $207,000 $315,000 $107,000 $176,000

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) 690 $116,970,000 $169,000 $4,655,000 $107,000 $1,095,000
FHA-insured (Federal Housing Administration) 188 $37,300,000 $198,000 $405,000 $73,000 $244,000
VA-guaranteed (Veterans Administration) 113 $31,655,000 $280,000 $545,000 $106,000 $260,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 25 $4,315,000 $172,000 $275,000 $69,000 $109,000

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 598 $117,320,000 $196,000 $4,655,000 $106,000 $1,095,000
Application Denied By Financial Institution 146 $19,150,000 $131,000 $535,000 $88,000 $587,000
Loan Purchased By The Institution 112 $26,410,000 $235,000 $695,000 $73,000 $110,000
Application Withdrawn By Applicant 90 $18,240,000 $202,000 $585,000 $100,000 $420,000
File Closed For Incompleteness 35 $4,605,000 $131,000 $345,000 $84,000 $307,000
Application Approved But Not Accepted 34 $4,360,000 $128,000 $415,000 $98,000 $230,000
Preapproval Approved but not Accepted 1 $155,000 $155,000 $155,000 $64,000 $64,000
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 810 $160,440,000 $198,000 $4,655,000 $102,000 $1,095,000
Debt-To-Income Ratio 100 $15,610,000 $156,000 $595,000 $107,000 $550,000
Credit History 40 $5,370,000 $134,000 $535,000 $97,000 $300,000
Collateral 31 $4,345,000 $140,000 $505,000 $100,000 $587,000
Credit Application Incomplete 18 $2,500,000 $138,000 $395,000 $81,000 $212,000
Other 11 $1,215,000 $110,000 $315,000 $69,000 $103,000
Unverifiable Information 4 $640,000 $160,000 $315,000 $74,000 $153,000
Employment History 1 $45,000 $45,000 $45,000 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 1 $75,000 $75,000 $75,000 $0 $0
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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