Grand Island, NE Metro Area Mortgage Lenders & HMDA Data, 2018

In 2018, lenders reported 2,999 mortgage applications in Grand Island, NE metro area totaling $390.5 million, down 3% from 2017. The average application was for $130,218, and applicants reported an average income of $76,000. 63% of applications resulted in an originated loan and 13% were denied. The most active lender was US Bank, N.A., with 243 applications, followed by Gateway Mortgage Group, LLC and Home Federal Savings and Loan.

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Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in Nebraska.
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  
Total Number of Mortgage Applications 2,999
Total Mortgage Loan Application Amount $390,525,000
Average Mortgage Loan Application Amount $130,218
Highest Mortgage Loan Application Amount $15,925,000
Average Applicant Income $76,000
Highest Applicant Income $845,000

Mortgage Company List for Lending in Grand Island, NE for 2018

* 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
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 243 $ 25,555,000
Gateway Mortgage Group, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ -1,000 207 $ 26,465,000
Home Federal Savings and Loan
221 S LOCUST ST
GRAND ISLAND, NE 68801
* $ 278,015,000 204 $ 26,170,000
First National Bank of Omaha
1620 DODGE STREET
OMAHA, NE 68197
* $ 20,351,074,000 197 $ 23,455,000
Five Points Bank
PO BOX 1507
GRAND ISLAND, NE 68802
* $ 996,789,000 164 $ 18,870,000
Equitable Bank
PO BOX 160
GRAND ISLAND, NE 68802
* $ 270,271,000 162 $ 21,850,000
Pinnacle Bank
20544 HWY 370
LINCOLN, NE 68508
* $ 4,594,004,000 153 $ 17,445,000
West Gate Bank
6003 OLD CHENEY ROAD
LINCOLN, NE 68516
* $ 491,903,000 149 $ 26,645,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,747,398,000,000 142 $ 15,630,000
Exchange Bank
14 LABARRE STREET
KEARNEY, NE 68847
* $ 876,013,000 115 $ 13,575,000
Great Western Bank
225 S MAIN AVE
SIOUX FALLS, SD 57104
* $ 11,803,006,000 79 $ 7,795,000
Archer Cooperative Credit Union
2121 ARCHER RD
ARCHER, NE 68816
* $ 61,701,000 69 $ 6,685,000
Peoples Mortgage Company
2055 E CENTENNIAL CIRCLE
TEMPE, AZ 85284
* $ -1,000 63 $ 9,345,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 59 $ 7,195,000
Union Bank and Trust Company
PO BOX 82535
LINCOLN, NE 68501
* $ 3,836,505,000 49 $ 4,665,000
Pathway Bank
306 S HIGH ST PO BOX 428
CAIRO, NE 68824
* $ 163,894,000 48 $ 5,110,000
Cornerstone Bank
529 SOUTH LINCOLN AVENUE
YORK, NE 68467
* $ 1,634,251,000 47 $ 4,265,000
Centris Federal Credit Union
11825 Q STREET
OMAHA, NE 68144
* $ 679,504,000 46 $ 3,800,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 35 $ 5,985,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 30 $ 4,140,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 27 $ 4,225,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 89,765,667,000 27 $ 2,275,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 25 $ 3,535,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 24 $ 4,060,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 22 $ 2,860,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 20 $ 2,850,000
Bank of Doniphan
118 PLUM STREET
D, NE 68832
* $ 114,233,000 19 $ 2,355,000
Citizens Bank & Trust Company
PO BOX 385, 7217TH STREET
ST. PAUL, NE 68873
* $ 197,925,000 18 $ 1,140,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 18 $ 2,240,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 98,729,134,000 17 $ 1,045,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 17 $ 3,035,000
Mutual of Omaha Bank
3333 FARNAM ST
OMAHA, NE 68131
* $ 8,144,695,000 17 $ 2,115,000
Farm Credit Services of America, Flca
5015 S 118TH ST
OMAHA, NE 68137
* $ -1,000 16 $ 3,350,000
US Home Mortgage, Inc.
5901 S 58TH ST A
LINCOLN, NE 68516
* $ -1,000 15 $ 2,725,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 15 $ 1,455,000
Heritage Bank
110 E 9TH ST
WOOD RIVER, NE 68883
* $ 593,567,000 13 $ 525,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 13 $ 2,505,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 12 $ 1,250,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 10 $ 1,800,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 9 $ 965,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 9 $ 1,295,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 9 $ 755,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 14,726,156,000 9 $ 925,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 264,496,000 8 $ 140,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 8 $ 1,440,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,002,887,000 8 $ 770,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 25,054,739,000 7 $ 845,000
Regent Financial Group
1910 S 72ND STREET, STE. 103
OMAHA, NE 68135
* $ -1,000 6 $ 740,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 6 $ 870,000
Suntrust Banks, Inc.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 201,637,519,000 6 $ 1,100,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,175,351,000 6 $ 1,060,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 6 $ 1,320,000
Premier Home Mortgage, Inc.
3024 TOWER RD
RAPID CITY, SD 57701
* $ -1,000 5 $ 745,000
Centennial Lending, LLC
4112 KODIAK COURT, UNIT D
FIRESTONE, CO 80504
* $ -1,000 5 $ 515,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,696,742,000 5 $ 575,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 5 $ 965,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 5 $ 795,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 5 $ 545,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 4 $ 610,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 4 $ 510,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,384,707,000,000 4 $ 270,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 4 $ 490,000
Liberty First Credit Union
501 N 46TH STREET
LINCOLN, NE 68503
* $ 253,473,000 4 $ 380,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 4 $ 230,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 4 $ 600,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 4 $ 630,000
Homeservices Lending LLC
2900 100TH STREET SUITE 109
URBANDALE, IA 50322
* $ -1,000 4 $ 860,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 827,634,000 4 $ 630,000
Members Mortgage Services, LLC
200 E 1ST AVE
HUTCHINSON, KS 67501
* $ -1,000 4 $ 460,000
Cornhusker Bank
8310 O STREET
LINCOLN, NE 68510
* $ 578,391,000 3 $ 565,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 3 $ 445,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 34,298,273,000 3 $ 335,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 3 $ 525,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 3 $ 135,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 4,724,296,000 2 $ 250,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,995,487,000 2 $ 390,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 2 $ 310,000
Lincoln Federal Svgs Bk of Ne
1101 N STREET
LINCOLN, NE 68520
* $ 337,238,000 2 $ 430,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 370,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 631,522,000 2 $ 330,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 2 $ 120,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 2 $ 440,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 2 $ 390,000
First Nebraska Bank
330 N. SPRUCE STREET, PO BOX 315
VALLEY, NE 68064
* $ 278,311,000 2 $ 410,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 2 $ 330,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 2 $ 230,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 240,467,000 2 $ 400,000
Adams Bank & Trust
PO BOX 720
OGALLALA, NE 69153
* $ 736,916,000 2 $ 290,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 2 $ 460,000
Peoples Bank
1230 VALLEY DRIVE
ROCK VALLEY, IA 51247
* $ 501,220,000 2 $ 200,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 2 $ 280,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ -1,000 2 $ 310,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 460,000
Frontier Bank
17002 MARCY ST, STE 120
OMAHA, NE 68154
* $ 787,150,000 2 $ 220,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 22,858,876,000 2 $ 170,000
Central National Bank
100 RIMROCK DRIVE
JUNCTION CITY, KS 66441
* $ 933,081,000 2 $ 330,000
American State Bank
525 N MAIN AVE, PO BOX 140
SIOUX CENTER, IA 51250
* $ 869,903,000 1 $ 65,000
Signature Federal Credit Union
12 HERBERT ST.
ALEXANDRIA, VA 22305
* $ 294,547,000 1 $ 45,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 316,352,000 1 $ 215,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 95,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 1 $ 255,000
Waypoint Bank
747 MERIDIAN AVENUE
COZAD, NE 69130
* $ 268,393,000 1 $ 65,000
Firstbank of Nebraska
201 E 5TH ST
WAHOO, NE 68066
* $ 243,809,000 1 $ 225,000
Pivot Financial Partners, Inc
5935 S ZANG ST., STE 220
LITTLETON, CO 80120
* $ -1,000 1 $ 285,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 969,487,000 1 $ 185,000
Amcap Mortgage, Ltd.
9999 BELLAIRE BLVD., SUITE 700
AUSTIN, TX 77036
* $ -1,000 1 $ 345,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 1 $ 135,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 3,947,088,000 1 $ 45,000
Siwell, Inc., dba Capital Mortgage Services of Tex
4210 50TH ST
LUBBOCK, TX 79413
* $ -1,000 1 $ 55,000
Forbright Bank
6701 DEMOCRACY BLVD, SUITE 400
CHEVY CHASE, MD 20815
* $ 955,028,000 1 $ 155,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ -1,000 1 $ 185,000
First State Bank of St Charles
2850 WEST CLAY ST
ST CHARLES, MO 63301
* $ 374,301,000 1 $ 195,000
Live Well Financial, Inc.
1011 BOULDER SPRINGS DRIVE
RICHMOND, VA 23225
* $ -1,000 1 $ 85,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 1 $ 125,000
Fed Ex Employees Credit Association
2731 NONCONNAH BLVD
MEMPHIS, TN 38132
* $ 472,374,000 1 $ 225,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 1 $ 165,000
Great Southern Bank
218 S GLENSTONE AVE
SPRINGFIELD, MO 65802
* $ 4,417,210,000 1 $ 145,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 940,832,000 1 $ 255,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 2,948,023,000 1 $ 75,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 287,783,000 1 $ 25,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 650,256,000 1 $ 285,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 115,000
Roundpoint Mortgage Servicing LLC
446 WRENPLACE ROAD
FORT MILL, SC 29715
* $ -1,000 1 $ 145,000
Western States Bank
3430 E. GRAND AVE
LARAMIE, WY 82070
* $ 491,848,000 1 $ 205,000
Bankiowa
7045 C AVE NE
CEDAR RAPIDS, IA 52402
* $ 650,749,000 1 $ 1,515,000
Digital Federal Credit Union
220 DONALD LYNCH BOULEVARD
MARLBOROUGH, MA 01752
* $ 8,273,309,000 1 $ 205,000
Howard Bank
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 1,150,216,000 1 $ 95,000
Cobalt Credit Union
7148 TOWNE CENTER PARKWAY
PAPILLION, NE 68046
* $ 922,150,000 1 $ 205,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 1 $ 105,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 526,546,000 1 $ 55,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 363,702,000 1 $ 235,000
Tcf National Bank
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 23,020,511,000 1 $ 35,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ -1,000 1 $ 145,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 225,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 35,000
Arbor Bank
911 CENTRAL AVENUE
NEBRASKA CITY, NE 68410
* $ 308,742,000 1 $ 65,000
Access Bank
8712 WEST DODGE ROAD
OMAHA, NE 68114
* $ 526,048,000 1 $ 265,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 192,687,000 1 $ 55,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 3,558,094,000 1 $ 15,925,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ -1,000 1 $ 35,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 1 $ 65,000
Arc Home LLC

MOORESTOWN, NJ 08057
* $ -1,000 1 $ 165,000

The tables below break down 2018 mortgage applications in Grand Island, NE metro area by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Grand Island, NE in 2018

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 1,621 $233,875,000 $144,000 $1,515,000 $77,000 $845,000
Refinancing 513 $61,685,000 $120,000 $1,505,000 $81,000 $413,000
Cash-out Refinancing 440 $73,390,000 $166,000 $15,925,000 $69,000 $352,000
Home Improvement 192 $8,800,000 $45,000 $405,000 $75,000 $317,000
Other Purpose 185 $8,415,000 $45,000 $225,000 $76,000 $544,000
Not Applicable 48 $4,360,000 $90,000 $215,000 $37,000 $37,000

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 1,994 $256,800,000 $128,000 $1,505,000 $79,000 $845,000
Not applicable 441 $71,265,000 $161,000 $15,925,000 $84,000 $182,000
Hispanic 352 $36,930,000 $104,000 $425,000 $59,000 $790,000
Not Provided 176 $21,480,000 $122,000 $475,000 $73,000 $333,000
Asian 16 $2,170,000 $135,000 $275,000 $106,000 $425,000
Black or African American 8 $700,000 $87,000 $175,000 $66,000 $121,000
American Indian or Alaskan Native 8 $780,000 $97,000 $175,000 $50,000 $117,000
Native Hawaiian or Other Pacific Islander 1 $65,000 $65,000 $65,000 $33,000 $33,000

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) 2,244 $286,960,000 $127,000 $15,925,000 $80,000 $845,000
FHA-insured (Federal Housing Administration) 505 $65,755,000 $130,000 $375,000 $60,000 $204,000
VA-guaranteed (Veterans Administration) 193 $31,555,000 $163,000 $455,000 $69,000 $352,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 57 $6,255,000 $109,000 $215,000 $42,000 $78,000

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 1,886 $255,020,000 $135,000 $15,925,000 $81,000 $845,000
Loan Purchased By The Institution 408 $54,820,000 $134,000 $455,000 $70,000 $205,000
Application Denied By Financial Institution 393 $39,665,000 $100,000 $555,000 $59,000 $405,000
Application Withdrawn By Applicant 209 $27,705,000 $132,000 $1,505,000 $73,000 $341,000
Application Approved But Not Accepted 54 $7,420,000 $137,000 $545,000 $88,000 $241,000
File Closed For Incompleteness 48 $5,740,000 $119,000 $375,000 $55,000 $238,000
Preapproval Denied by Financial Institution 1 $155,000 $155,000 $155,000 $15,000 $15,000
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
Not applicable 2,154 $301,120,000 $139,000 $15,925,000 $78,000 $845,000
Debt-To-Income Ratio 596 $64,470,000 $108,000 $1,005,000 $74,000 $790,000
Credit History 117 $10,425,000 $89,000 $305,000 $63,000 $352,000
Collateral 59 $6,235,000 $105,000 $555,000 $73,000 $405,000
Credit Application Incomplete 29 $3,525,000 $121,000 $275,000 $68,000 $200,000
Other 22 $2,090,000 $95,000 $175,000 $60,000 $106,000
Unverifiable Information 9 $955,000 $106,000 $225,000 $68,000 $160,000
Employment History 9 $1,115,000 $123,000 $195,000 $42,000 $126,000
Insufficient Cash (Downpayment, Closing Cost) 4 $590,000 $147,000 $165,000 $42,000 $59,000
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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