Graham County, AZ Mortgage Lenders & HMDA Data, 2023

In 2023, lenders reported 1,206 mortgage applications in Graham County, AZ totaling $237.5 million, down 32% from 2022. The average application was for $196,000, and applicants reported an average income of $99,000. 49% of applications resulted in an originated loan and 16% were denied. The most active lender was Oneaz Credit Union, with 156 applications, followed by Fairway Independent Mort Corp and Mann Financial Inc..

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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 1,206
Total Mortgage Loan Application Amount $237,540,000
Average Mortgage Loan Application Amount $196,000
Highest Mortgage Loan Application Amount $1,155,000
Average Applicant Income $99,000
Highest Applicant Income $1,332,000

Mortgage Company List for Lending in Graham County, AZ for 2023

* 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
Oneaz Credit Union
2355 W PINNACLE PEAK RD
PHOENIX, AZ 85027
* $ 3,270,649,000 156 $ 19,410,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 107 $ 26,355,000
Mann Financial Inc.
1220 WHITEFISH STAGE ROAD
KALISPELL, MT 59901
* $ -1,000 82 $ 21,760,000
Nova Financial & Investment Corporation
6245 E. BROADWAY BLVD., SUITE 400
TUCSON, AZ 85711
* $ -1,000 54 $ 12,280,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 52 $ 13,620,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 51 $ 12,715,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 50 $ 10,770,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 31 $ 7,995,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 28 $ 7,580,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 129,461,046,000 24 $ 2,080,000
Sun American Mortgage Company
4140 E. BASELINE RD., #206
MESA, AZ 85206
* $ -1,000 20 $ 5,000,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 19 $ 4,795,000
Zions Bancorporation, N.A.

DENVER, CO 80237
* $ 89,544,919,000 17 $ 2,185,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 16 $ 1,810,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 15 $ 2,055,000
Hughes Federal Credit Union
971 W WETMORE RD
TUCSON, AZ 85705
* $ 1,893,959,000 14 $ 1,210,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 14 $ 2,690,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 13 $ 1,025,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 13 $ 1,885,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 12 $ 3,010,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 11 $ 3,455,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 11 $ 1,635,000
Bay Equity LLC

DETROIT, MI 48226
* $ -1,000 11 $ 2,765,000
Mountain America Federal Credit Union
7181 SOUTH CAMPUS VIEW DRIVE
SANDY, UT 84091
* $ 15,840,363,000 10 $ 1,280,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 10 $ 580,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 10 $ 1,910,000
Desert Financial Credit Union
148 N. 48TH ST.
PHOENIX, AZ 85034
* $ 8,192,282,000 9 $ 765,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 9 $ 1,635,000
Washington Federal
425 PIKE ST
SEATTLE, WA 98101
* $ 21,645,013,000 9 $ 1,275,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 9 $ 1,755,000
Flagstar Bank NA

TROY, MI 49098
* $ 90,036,656,000 9 $ 1,535,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 7 $ 1,545,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 7 $ 2,045,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ 3,141,703,000 7 $ 245,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 7 $ 965,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 7 $ 775,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 7 $ 1,045,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 6 $ 1,340,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 6 $ 1,130,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 6 $ 1,610,000
Altitude Financial Corporation
4031 E SUNRISE DRIVE
TUCSON, AZ 85718
* $ -1,000 5 $ 1,055,000
Define Mortgage Solutions, LLC
148 N 48TH ST
PHOENIX, AZ 85034
* $ -1,000 5 $ 685,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 5 $ 755,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,717,531,000,000 4 $ 1,210,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,418,508,000,000 4 $ 190,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 110,900,000,000 4 $ 1,120,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 4 $ 600,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 780,976,000 4 $ 750,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 4 $ 1,110,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 4 $ 940,000
America First Federal Credit Union
4774 S 1300 W, BLDG 3
RIVERDALE, UT 84405
* $ 17,379,010,000 4 $ 280,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 552,307,127,000 4 $ 750,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 4 $ 890,000
Change Lending
175 N. RIVERVIEW DRIVE SUITE C
ANAHEIM, CA 92808
* $ -1,000 4 $ 780,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ -1,000 3 $ 685,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 3 $ 935,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 3 $ 455,000
Arizona Financial Credit Union
333 N 44TH ST
PHOENIX, AZ 85082
* $ 3,171,193,000 3 $ 425,000
Arizona Central Credit Union
2020 N CENTRAL AVE
PHOENIX, AZ 85004
* $ 755,233,000 3 $ 215,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 3 $ 355,000
Ocmbc, Inc.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ -1,000 3 $ 575,000
Notre Dame Federal Credit Union
P.O. BOX 7878
NOTRE DAME, IN 46556
* $ 1,101,839,000 3 $ 635,000
Nexbank
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ 14,304,653,000 3 $ 575,000
Lendage, LLC dba Achieve Loans
1875 S GRANT ST
SAN MATEO, CA 94402
* $ -1,000 3 $ 135,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 34,681,050,000 3 $ 385,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 3 $ 185,000
Mason-Mcduffie Mortgage Corporation
2010 CROW CANYON PLACE, #400
SAN RAMON, CA 94583
* $ -1,000 2 $ 380,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 2 $ 510,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ -1,000 2 $ 360,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 2 $ 280,000
Calcon Mutual Mortgage LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ -1,000 2 $ 270,000
The Loan Store, Inc

TUCSON, AZ 85718
* $ -1,000 2 $ 330,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 47,596,192,000 2 $ 260,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 2 $ 660,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 2 $ 460,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 2 $ 360,000
Geneva Financial LLC
180 S ARIZONA AVE STE 310
CHANDLER, AZ 85225
* $ -1,000 2 $ 430,000
Global Federal Credit Union
PO BOX 196850
ANCHORAGE, AK 99503
* $ 11,844,793,000 2 $ 90,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 3,601,623,000 2 $ 330,000
Loan Simple, Inc.
9635 MAROON CIRCLE SUITE 100
ENGLEWOOD, CO 80112
* $ -1,000 2 $ 230,000
V.I.P. Mortgage, Inc.
9221 E VIA DE VENTURA
SCOTTSDALE, AZ 85258
* $ -1,000 2 $ 600,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 2 $ 400,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 2 $ 410,000
Kinecta Federal Credit Union
1440 ROSECRANS AVE
MANHATTAN BEACH, CA 90266
* $ 6,668,165,000 2 $ 90,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 2 $ 550,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 206,289,179,000 2 $ 340,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 1,054,618,000 2 $ 730,000
American Southwest Credit Union
PO BOX 370
SIERRA VISTA, AZ 85635
* $ 363,496,000 2 $ 100,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ 18,739,008,000 2 $ 70,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 2 $ 560,000
Tucson Old Pueblo Credit Union
2500 E 22ND ST
TUCSON, AZ 85713
* $ 222,827,000 2 $ 220,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 2 $ 460,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 2 $ 270,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 1 $ 55,000
Pima Federal Credit Union
6840 N ORACLE ROAD, SUITE 100
TUCSON, AZ 85704
* $ 1,016,115,000 1 $ 1,155,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ 3,078,918,000 1 $ 75,000
Ally Bank

CHARLOTTE, NC 28202
* $ 181,890,000,000 1 $ 245,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 255,000
Logan Finance Corporation
1393 VETERANS MEMORIAL HIGHWAY HAUPPAUGE
HAUPPAUGE, NY 11788
* $ -1,000 1 $ 145,000
Synergy One Lending, Inc.
3131 CAMINO DEL RIO N. SUITE 150
SAN DIEGO, CA 92101
* $ -1,000 1 $ 195,000
Baycoast Bank
330 SWANSEA MALL DRIVE
SWANSEA, MA 02777
* $ 2,820,893,000 1 $ 65,000
Veritas Funding, LLC
MORGUN HALL
MIDVALE, UT 84047
* $ -1,000 1 $ 215,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ -1,000 1 $ 155,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 85,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 85,000
Texana Bank
124 E RUSH ST
LINDEN, TX 75563
* $ 270,427,000 1 $ 235,000
Ameris Bank
300 SOUTH MAIN STREET
ATLANTA, GA 30305
* $ 24,967,889,000 1 $ 435,000
Lhm Financial Corporation
7025 E GREENWAY PARKWAY SUITE 100
PHOENIX, AZ 85254
* $ -1,000 1 $ 205,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 1 $ 215,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 1 $ 265,000
Sunflower Bank, N.A.
3025 CORTLAND CIRCLE - PO BOX 800
DALLAS, TX 75225
* $ 7,415,263,000 1 $ 235,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 4,554,611,000 1 $ 185,000
Deephaven Mortgage LLC
3530 TORINGDON WAY #200
CHARLOTTE, NC 28277
* $ -1,000 1 $ 345,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 1 $ 125,000
First Interstate Bank
PO BOX 30918
BILLINGS, MT 59101
* $ 32,216,733,000 1 $ 205,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 1 $ 435,000
Champions Funding, LLC
365 E GERMANN RD #140
GILBERT, AZ 85297
* $ -1,000 1 $ 305,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ -1,000 1 $ 375,000
Draper and Kramer Mortgage Corp.
1431 OPUS PLACE SUITE 200
WILMINGTON, DE 60515
* $ -1,000 1 $ 365,000
Data Mortgage, Inc

OCALA, FL 34475
* $ -1,000 1 $ 215,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 12,493,973,000 1 $ 245,000
Western Alliance Bank
2901 N CENTRAL AVENUE
PHOENIX, AZ 85012
* $ 67,683,841,000 1 $ 185,000
Traditional Mortgage Acceptance Corporation
777 108TH AVE NE #1670
BELLEVUE, WA 98004
* $ -1,000 1 $ 165,000
Total Mortgage Services, LLC
185 PLAINS ROAD
MILFORD, CT 06461
* $ -1,000 1 $ 185,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ -1,000 1 $ 185,000
Wsfs Bank
500 DELAWARE AVENUE
WILMINGTON, DE 19801
* $ 19,808,858,000 1 $ 35,000
Tucson Federal Credit Union
1160 N. WINSTEL BLVD TUCSON, AZ 85716
TUCSON, AZ 85716
* $ 677,668,000 1 $ 165,000
First Credit Union
25 SOUTH ARIZONA PLACE, SUITE 111
CHANDLER, AZ 85225
* $ 710,948,000 1 $ 25,000
First Alliance Home Mortgage, LLC
20 JACKSON DRIVE 2ND FLOOR
CRANFORD, NJ 07016
* $ -1,000 1 $ 485,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 1 $ 185,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ 9,123,708,000 1 $ 335,000
Lafayette Federal Credit Union
2701 TOWER OAKS BLVD.,
ROCKVILLE, MD 20852
* $ 1,746,039,000 1 $ 105,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 176,980,258,000 1 $ 105,000
Mission Loans, LLC

IRVINE, CA 92612
* $ -1,000 1 $ 165,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 4,401,730,000 1 $ 505,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 450,910,000 1 $ 205,000
Credit Union West
5811 W TALAVI BLVD
GLENDALE, AZ 85312
* $ 1,117,757,000 1 $ 165,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 8,876,888,000 1 $ 25,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 1 $ 205,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 255,000
Lendsure Mortgage Corp.
16959 BERNARDO CENTER DR, #102
SAN DIEGO, CA 92128
* $ -1,000 1 $ 225,000

The tables below break down 2023 mortgage applications in Graham County, AZ by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Graham County, AZ in 2023

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 611 $146,725,000 $240,000 $685,000 $95,000 $429,000
Cash-out Refinancing 241 $43,715,000 $181,000 $1,155,000 $92,000 $1,203,000
Other Purpose 139 $12,115,000 $87,000 $325,000 $104,000 $1,044,000
Refinancing 107 $26,845,000 $250,000 $705,000 $115,000 $1,332,000
Home Improvement 104 $7,660,000 $73,000 $405,000 $113,000 $450,000
Not Applicable 4 $480,000 $120,000 $145,000 $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 641 $125,605,000 $195,000 $755,000 $102,000 $1,332,000
Hispanic 263 $49,165,000 $186,000 $485,000 $91,000 $1,044,000
Not applicable 150 $35,230,000 $234,000 $1,155,000 $42,000 $44,000
Not Provided 116 $20,670,000 $178,000 $485,000 $105,000 $342,000
American Indian or Alaskan Native 20 $2,870,000 $143,000 $355,000 $57,000 $130,000
Black or African American 6 $1,650,000 $275,000 $475,000 $119,000 $171,000
Asian 5 $1,225,000 $245,000 $455,000 $148,000 $370,000
Native Hawaiian or Other Pacific Islander 3 $395,000 $131,000 $315,000 $110,000 $119,000

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) 678 $111,030,000 $163,000 $1,155,000 $110,000 $1,332,000
FHA-insured (Federal Housing Administration) 367 $84,785,000 $231,000 $485,000 $81,000 $246,000
VA-guaranteed (Veterans Administration) 86 $24,610,000 $286,000 $695,000 $92,000 $206,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 75 $17,115,000 $228,000 $345,000 $78,000 $108,000

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 595 $126,765,000 $213,000 $1,155,000 $96,000 $429,000
Application Denied By Financial Institution 198 $26,970,000 $136,000 $695,000 $92,000 $942,000
Application Withdrawn By Applicant 165 $33,365,000 $202,000 $755,000 $109,000 $1,203,000
Loan Purchased By The Institution 155 $35,665,000 $230,000 $685,000 $78,000 $115,000
File Closed For Incompleteness 60 $8,590,000 $143,000 $485,000 $121,000 $1,332,000
Application Approved But Not Accepted 33 $6,185,000 $187,000 $435,000 $97,000 $216,000
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
Not applicable 1,006 $210,220,000 $208,000 $1,155,000 $100,000 $1,332,000
Debt-To-Income Ratio 61 $7,855,000 $128,000 $355,000 $75,000 $342,000
Credit History 54 $6,810,000 $126,000 $465,000 $94,000 $305,000
Collateral 35 $4,995,000 $142,000 $395,000 $109,000 $450,000
Other 18 $1,500,000 $83,000 $205,000 $100,000 $200,000
Credit Application Incomplete 15 $2,825,000 $188,000 $695,000 $87,000 $180,000
Unverifiable Information 11 $2,095,000 $190,000 $405,000 $146,000 $942,000
Insufficient Cash (Downpayment, Closing Cost) 4 $790,000 $197,000 $315,000 $94,000 $117,000
Employment History 2 $450,000 $225,000 $365,000 $76,000 $131,000
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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