Grainger County, TN Mortgage Lenders & HMDA Data, 2017

In 2017, lenders reported 952 mortgage applications in Grainger County, TN totaling $110.0 million, down 6% from 2016. The average application was for $115,000, and applicants reported an average income of $63,000. 46% of applications resulted in an originated loan and 22% were denied. The most active lender was Vanderbilt Mortgage and Finance, Inc, with 142 applications, followed by Citizens Bank and Trust Company of Grainger County and Mortgage Investors Group.

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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 952
Total Mortgage Loan Application Amount $110,010,000
Average Mortgage Loan Application Amount $115,000
Highest Mortgage Loan Application Amount $2,449,000
Average Applicant Income $63,000
Highest Applicant Income $6,965,000

Mortgage Company List for Lending in Grainger County, TN 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
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 142 $ 10,285,000
Citizens Bank and Trust Company of Grainger County
8335 RUTLEDGE PIKE
RUTLEDGE, TN 37861
* $ 205,740,000 106 $ 5,110,000
Mortgage Investors Group
501 JAMES ROBERTSON PARKWAY
NASHVILLE, TN 37219
* $ -1,000 46 $ 5,574,000
Knoxville Tva Employees Credit Union
301 WALL AVE
KNOXVILLE, TN 37932
* $ 1,664,812,000 32 $ 3,409,000
Ornl Federal Credit Union
221 SOUTH RUTGERS AVENUE
OAK RIDGE, TN 37830
* $ 1,863,094,000 31 $ 3,639,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,727,235,000,000 28 $ 3,082,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 28 $ 3,664,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 20 $ 2,598,000
Citizens Bank
130 S BROAD STREET
NEW TAZEWELL, TN 37825
* $ 184,142,000 19 $ 2,796,000
Consumer Credit Union
3634 E. ANDREW JOHNSON HIGHWAY
GREENEVILLE, TN 37745
* $ 386,237,000 17 $ 2,522,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 441,010,095,000 15 $ 2,027,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 14 $ 1,093,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,883,786,000 12 $ 775,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 12 $ 1,699,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 125,042,021,000 12 $ 698,000
First Century Bank
1780 NORTH BROAD STREET
TAZEWELL, TN 37879
* $ 301,198,000 10 $ 1,484,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 10 $ 935,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 200,557,635,000 10 $ 150,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 10 $ 1,523,000
Home Federal Bank of Tennessee
515 MARKET STREET
KNOXVILLE, TN 37902
* $ 2,215,364,000 9 $ 1,793,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 9 $ 1,254,000
Peoples Home Equity
5205 MARYLAND WAY SUITE 100
BRENTWOOD, TN 37027
* $ -1,000 9 $ 1,388,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 9 $ 194,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 8 $ 1,060,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 8 $ 999,000
Guaranty Trust Company
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 8 $ 1,327,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 7 $ 1,664,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,082,803,000,000 7 $ 864,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 7 $ 1,119,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 7 $ 732,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 214,433,035,000 7 $ 1,429,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 6 $ 605,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 6 $ 1,105,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 18,252,081,000 6 $ 608,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 6 $ 1,250,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 6 $ 886,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 3,275,430,000 6 $ 447,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 5 $ 505,000
Gateway Mortgage Group, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ -1,000 5 $ 1,081,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 79,775,662,000 5 $ 1,091,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 5 $ 410,000
City Employees Credit Union
1720 WESTERN AVENUE
KNOXVILLE, TN 37921
* $ 75,631,000 5 $ 1,013,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 5 $ 425,000
Community Trust Bank, Inc.
346 NORTH MAYO TRAIL
PIKEVILLE, KY 41502
* $ 3,909,916,000 4 $ 472,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 4 $ 705,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 4 $ 574,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 77,760,914,000 4 $ 1,070,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ 28,351,811,000 4 $ 384,000
Hearthside Bank Corporation
1602 CUMBERLAND AVENUE
MIDDLESBORO, KY 40965
* $ 350,143,000 4 $ 404,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 4 $ 784,000
Eastman Credit Union
P.O. BOX 1989
KINGSPORT, TN 37662
* $ 3,633,286,000 4 $ 259,000
First Direct Lending LLC
15261 LAGUNA CANYON ROAD, SUITE 200
IRVINE, CA 92618
* $ -1,000 3 $ 352,000
Iserve Residential Lending
10920 VIA FRONTERA SUITE 520
SAN DIEGO, CA 92127
* $ -1,000 3 $ 293,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 3 $ 329,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 3 $ 634,000
Y-12 Federal Credit Union
501 LAFAYETTE DR
OAK RIDGE, TN 37830
* $ 1,089,365,000 3 $ 504,000
Atlantic Capital Bank, National Association
1110 MARKET STREET SUITE 300
CHATTANOOGA, TN 37402
* $ 2,728,592,000 3 $ 101,000
Home Point Mortgage Acceptance Corporation
121 RESEARCH BLVD
MADISON, AL 35758
* $ -1,000 3 $ 389,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ 89,030,433,000 3 $ 617,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 3 $ 325,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 3 $ 648,000
Hometrust Bank
PO BOX 10
ASHEVILLE, NC 28802
* $ 2,743,987,000 3 $ 248,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ -1,000 3 $ 616,000
Howard Bank
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 1,027,051,000 3 $ 334,000
Andrew Johnson Bank
124 N MAIN STREET
GREENEVILLE, TN 37744
* $ 342,681,000 3 $ 2,950,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 2 $ 105,000
Appalachian Community Federal Credit Union
5034 BOBBY HICKS HIGHWAY SUITE 2
JOHNSON CITY, TN 37615
* $ 199,093,000 2 $ 107,000
R M K Financial Corp.
1819 S. EXCISE AVENUE
ONTARIO, CA 91761
* $ -1,000 2 $ 188,000
Ameris Bank
300 SOUTH MAIN STREET
ATLANTA, GA 30305
* $ 6,884,999,000 2 $ 546,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ -1,000 2 $ 554,000
Pinnacle Bank
150 3RD AVE SOUTH
NASHVILLE, TN 37203
* $ 11,096,621,000 2 $ 423,000
Powell Valley National Bank
33785 MAIN STREET
JONESVILLE, VA 24263
* $ 273,898,000 2 $ 47,000
Alliance Credit, LLC
7825 W. AKRON-CANFIELD RD
CANFIELD, OH 44406
* $ -1,000 2 $ 113,000
Ut Federal Credit Union
2100 WHITE AVENUE
KNOXVILLE, TN 37919
* $ 253,843,000 2 $ 17,000
American Southwest Mortgage Funding Corp
5900 MOSTELLER DRIVE SUITE 8
OKLAHOMA CITY, OK 73112
* $ -1,000 2 $ 241,000
First Community Bank
29 COLLEGE DR
BLUEFIELD, VA 24605
* $ 2,377,540,000 2 $ 157,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 32,160,352,000 2 $ 538,000
Residential Acceptance Corporation
5027 W LAUREL ST
TAMPA, FL 33607
* $ -1,000 2 $ 297,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 2 $ 490,000
Calcon Mutual Mortgage LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ -1,000 2 $ 278,000
Enrichment Federal Credit Unio
PO BOX 883
OAK RIDGE, TN 37831
* $ 443,819,000 2 $ 245,000
Lenderlive Network, LLC
710 S ASH
GLENDALE, CO 80246
* $ -1,000 2 $ 224,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 2 $ 192,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ -1,000 2 $ 221,000
Bay Equity LLC

DETROIT, MI 48226
* $ -1,000 2 $ 234,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 2 $ 486,000
Countybank
425 MAIN STREET
GREENWOOD, SC 29648
* $ 369,709,000 2 $ 455,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 2 $ 162,000
1st Signature Lending, LLC
9800 CROSSPOINT BLVD.
INDIANAPOLIS, IN 46256
* $ -1,000 2 $ 183,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 2 $ 330,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 2 $ 153,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 2 $ 221,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 355,999,734,000 2 $ 472,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,677,490,000,000 2 $ 219,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,980,496,000 2 $ 196,000
CU Community, LLC
2077 TOWN CENTER BOULEVARD
KNOXVILLE, TN 37922
* $ -1,000 1 $ 131,000
Charles Schwab Bank, SSB

LONE TREE, CO 80124
* $ 175,715,000,000 1 $ 182,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 52,958,000,000 1 $ 353,000
Mountain Commerce Bank
121 BOONE RIDGE DRIVE, SUITE 2002
JOHNSON CITY, TN 37615
* $ 619,095,000 1 $ 90,000
Southwest Funding LP
13150 COIT ROAD STE 100
DALLAS, TX 75240
* $ -1,000 1 $ 130,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 1 $ 90,000
The Bank of Marion
PO BOX 1067
MARION, VA 24354
* $ 359,543,000 1 $ 112,000
South State Bank
520 GERVAIS STREET
COLUMBIA, SC 29201
* $ 8,896,533,000 1 $ 91,000
Cornerstone Home Lending, Inc.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ -1,000 1 $ 101,000
James B. Nutter & Company
4153 BROADWAY
KANSAS CITY, MO 64111
* $ -1,000 1 $ 121,000
Hamilton Home Loans, Inc.
1551 SAWGRASS CORPORATE PARKWAY, STE 300
SUNRISE, FL 33323
* $ -1,000 1 $ 121,000
Homestead Funding Corp.
8 AIRLINE DRIVE
ALBANY, NY 12205
* $ -1,000 1 $ 264,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 1 $ 60,000
Ks Statebank
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 1,688,730,000 1 $ 250,000
Commercial Bank
6710 CUMBERLAND GAP PARKWAY, PO BOX 400
HARROGATE, TN 37752
* $ 970,874,000 1 $ 25,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 1 $ 155,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,349,581,000,000 1 $ 90,000
Intercap Lending Inc
910 EAST 6600 SOUTH
SALT LAKE CITY, UT 84121
* $ -1,000 1 $ 276,000
Smartbank
2430 TEASTER LANE
PIGEON FORGE, TN 37863
* $ 1,058,190,000 1 $ 101,000
United Community Bank
PO BOX 398
BLAIRSVILLE, GA 30512
* $ 10,694,612,000 1 $ 333,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 139,776,168,000 1 $ 44,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 1 $ 135,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 91,146,995,000 1 $ 75,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ -1,000 1 $ 159,000
American Mortgage Service Company
11503 SPRINGFIELD PIKE
CINCINNATI, OH 45246
* $ -1,000 1 $ 230,000
First Mortgage Solutions, LLC
9237 WARD PARKWAY, SUITE 300
KANSAS CITY, MO 64114
* $ -1,000 1 $ 205,000
Atlantic Bay Mortgage Group
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ -1,000 1 $ 90,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 1 $ 65,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 1 $ 54,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 69,000
Securitynational Mortgage Company
5300 SOUTH 360 WEST
SALT LAKE CITY, UT 84123
* $ -1,000 1 $ 166,000
Tnbank
401 S ILLINOIS AVENUE
OAK RIDGE, TN 37830
* $ 198,030,000 1 $ 96,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 232,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 1 $ 69,000
First Bank
11901 OLIVE BOULEVARD
SAINT LOUIS, MO 63141
* $ 6,183,870,000 1 $ 424,000
Mycumortgage
3560 PENTAGON BLVD. SUITE 301
BEAVERCREEK, OH 45431
* $ -1,000 1 $ 68,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,095,554,000 1 $ 162,000
Bank of Tennessee
301 E. CENTER ST.
KINGSPORT, TN 37660
* $ 1,047,644,000 1 $ 343,000
Civis Bank
210 E MAIN ST
ROGERSVILLE, TN 37857
* $ 105,397,000 1 $ 140,000
Resmac, Inc.
5400 BROKEN SOUND BLVD #600
BOCA RATON, FL 33487
* $ -1,000 1 $ 117,000
Acopia, LLC
306 NORTHCREEK BOULEVARD SUITE 100
GOODLETTSVILLE, TN 37072
* $ -1,000 1 $ 129,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 1 $ 228,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 195,406,000 1 $ 465,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ -1,000 1 $ 120,000
Forcht Bank, N.A.
2404 SIR BARTON WAY
LEXINGTON, KY 40509
* $ 1,027,532,000 1 $ 166,000
Dubuque Bank and Trust Company
1398 CENTRAL AVENUE
DUBUQUE, IA 52001
* $ 1,497,697,000 1 $ 104,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 832,884,000 1 $ 15,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 1 $ 112,000
Endeavor Capital, LLC
14897 CLAYTON ROAD
CHESTERFIELD, MO 63017
* $ -1,000 1 $ 114,000
Tennessee State Bank
2210 PARKWAY
PIGEON FORGE, TN 37868
* $ 639,533,000 1 $ 235,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ 2,000,620,000 1 $ 54,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 1 $ 98,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 142,000

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

Mortgage Loan Application Detail Totals for Grainger County, TN 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 520 $66,456,000 $127,000 $2,449,000 $66,000 $6,965,000
Refinancing 306 $39,219,000 $128,000 $588,000 $60,000 $1,080,000
Home Improvement 126 $4,335,000 $34,000 $230,000 $55,000 $646,000

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 796 $90,532,000 $113,000 $2,449,000 $68,000 $6,965,000
Not applicable 70 $9,673,000 $138,000 $465,000 $4,000 $128,000
Not Provided 67 $7,942,000 $118,000 $359,000 $51,000 $214,000
Hispanic 10 $707,000 $70,000 $152,000 $101,000 $646,000
American Indian or Alaskan Native 6 $788,000 $131,000 $230,000 $61,000 $81,000
Black or African American 3 $368,000 $122,000 $164,000 $55,000 $63,000
Asian 0 $0 $0 $0 $0 $0
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) 659 $71,184,000 $108,000 $2,449,000 $74,000 $6,965,000
FHA-insured (Federal Housing Administration) 162 $18,534,000 $114,000 $275,000 $36,000 $130,000
VA-guaranteed (Veterans Administration) 74 $13,639,000 $184,000 $465,000 $49,000 $148,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 57 $6,653,000 $116,000 $244,000 $29,000 $63,000

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 436 $54,540,000 $125,000 $2,449,000 $86,000 $6,965,000
Application Denied By Financial Institution 210 $18,917,000 $90,000 $516,000 $44,000 $527,000
Application Withdrawn By Applicant 100 $12,412,000 $124,000 $825,000 $54,000 $334,000
File Closed For Incompleteness 81 $7,625,000 $94,000 $269,000 $49,000 $214,000
Loan Purchased By The Institution 81 $11,260,000 $139,000 $465,000 $10,000 $128,000
Application Approved But Not Accepted 43 $5,107,000 $118,000 $321,000 $61,000 $154,000
Preapproval Denied by Financial Institution 1 $149,000 $149,000 $149,000 $50,000 $50,000
Preapproval Approved but not Accepted 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
Credit History 22 $1,822,000 $82,000 $380,000 $47,000 $106,000
Collateral 20 $3,376,000 $168,000 $445,000 $83,000 $527,000
Debt-To-Income Ratio 15 $1,464,000 $97,000 $252,000 $44,000 $86,000
Other 11 $1,172,000 $106,000 $264,000 $36,000 $72,000
Credit Application Incomplete 7 $782,000 $111,000 $173,000 $34,000 $62,000
Unverifiable Information 3 $228,000 $76,000 $114,000 $30,000 $46,000
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

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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