Grand Island, NE Metro Area Mortgage Lenders & HMDA Data, 2020

In 2020, lenders reported 4,220 mortgage applications in Grand Island, NE metro area totaling $711.6 million, up 47% from 2019. The average application was for $168,635, and applicants reported an average income of $87,000. 64% of applications resulted in an originated loan and 9% were denied. The most active lender was Home Federal Savings and Loan, with 398 applications, followed by US Bank, N.A. and First National Bank of Omaha.

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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  
Total Number of Mortgage Applications 4,220
Total Mortgage Loan Application Amount $711,640,000
Average Mortgage Loan Application Amount $168,635
Highest Mortgage Loan Application Amount $6,875,000
Average Applicant Income $87,000
Highest Applicant Income $1,111,000

Mortgage Company List for Lending in Grand Island, NE for 2020

* 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
Home Federal Savings and Loan
221 S LOCUST ST
GRAND ISLAND, NE 68801
* $ 292,130,000 398 $ 78,440,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 486,004,220,000 319 $ 40,055,000
First National Bank of Omaha
1620 DODGE STREET
OMAHA, NE 68197
* $ 22,555,038,000 289 $ 42,545,000
Five Points Bank
PO BOX 1507
GRAND ISLAND, NE 68802
* $ 1,284,481,000 285 $ 48,445,000
Equitable Bank
PO BOX 160
GRAND ISLAND, NE 68802
* $ 356,893,000 257 $ 56,865,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,712,919,000,000 224 $ 32,300,000
Charter West Bank
201 SOUTH MAIN STREET PO BOX 288
WEST POINT, NE 68788
* $ 288,563,000 220 $ 35,520,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 1,498,327,000 200 $ 31,390,000
West Gate Bank
6003 OLD CHENEY ROAD
LINCOLN, NE 68516
* $ 737,952,000 188 $ 34,720,000
Pinnacle Bank
20544 HWY 370
LINCOLN, NE 68508
* $ 5,333,783,000 175 $ 31,725,000
Peoples Mortgage Company
2055 E CENTENNIAL CIRCLE
TEMPE, AZ 85284
* $ -1,000 121 $ 19,985,000
Exchange Bank
14 LABARRE STREET
KEARNEY, NE 68847
* $ 955,633,000 113 $ 20,345,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 95 $ 15,335,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 165,742,416,000 85 $ 16,635,000
Union Bank and Trust Company
PO BOX 82535
LINCOLN, NE 68501
* $ 4,583,369,000 78 $ 11,070,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 72 $ 12,180,000
Great Western Bank
225 S MAIN AVE
SIOUX FALLS, SD 57104
* $ 12,848,070,000 60 $ 6,710,000
Members Mortgage Services, LLC
200 E 1ST AVE
HUTCHINSON, KS 67501
* $ -1,000 53 $ 7,455,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 43 $ 6,475,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 40 $ 8,630,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 707,275,000 39 $ 7,285,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 37 $ 5,755,000
Centris Federal Credit Union
11825 Q STREET
OMAHA, NE 68144
* $ 768,593,000 36 $ 5,350,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 36 $ 5,030,000
Cornerstone Bank
529 SOUTH LINCOLN AVENUE
YORK, NE 68467
* $ 1,734,584,000 31 $ 2,945,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 26 $ 4,360,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 92,968,547,000 25 $ 1,915,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 24 $ 3,880,000
US Home Mortgage, Inc.
5901 S 58TH ST A
LINCOLN, NE 68516
* $ -1,000 22 $ 4,180,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 112,384,202,000 21 $ 1,165,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 18 $ 4,820,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 16 $ 2,680,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 15 $ 2,435,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,337,646,000,000 14 $ 1,420,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 14 $ 3,040,000
Central National Bank
100 RIMROCK DRIVE
JUNCTION CITY, KS 66441
* $ 947,909,000 12 $ 2,160,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 10 $ 1,540,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 9 $ 825,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 88,826,789,000 9 $ 1,455,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 111,986,078,000 9 $ 1,605,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,852,983,000,000 8 $ 540,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 32,529,274,000 8 $ 1,150,000
Chickasaw Community Bank
909 S MERIDIAN AVE
OKLAHOMA CITY, OK 73142
* $ 198,963,000 8 $ 1,490,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 8 $ 1,180,000
Flagstar Bank NA

TROY, MI 49098
* $ 23,234,514,000 7 $ 1,425,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 7 $ 755,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 7 $ 1,035,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 7 $ 1,195,000
Centennial Lending, LLC
4112 KODIAK COURT, UNIT D
FIRESTONE, CO 80504
* $ -1,000 7 $ 865,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 7 $ 1,395,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 7 $ 1,225,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 7 $ 1,095,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 6 $ 680,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 5 $ 155,000
Clearpath Lending
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ -1,000 5 $ 835,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 5 $ 1,085,000
Liberty First Credit Union
501 N 46TH STREET
LINCOLN, NE 68503
* $ 305,588,000 4 $ 480,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 4 $ 120,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 4 $ 820,000
First Bank
11901 OLIVE BOULEVARD
SAINT LOUIS, MO 63141
* $ 6,166,684,000 4 $ 690,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 604,528,000 4 $ 860,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 2,177,570,000 4 $ 580,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 3 $ 745,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 3 $ 465,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 3 $ 245,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 3 $ 625,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 4,348,222,000 3 $ 145,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 3 $ 85,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ 1,289,704,000 3 $ 605,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 461,256,000,000 3 $ 875,000
Security First Bank
5505 RED ROCK LANE
LINCOLN, NE 68516
* $ 1,151,009,000 3 $ 495,000
Regent Financial Group
1910 S 72ND STREET, STE. 103
OMAHA, NE 68135
* $ -1,000 2 $ 310,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 2 $ 370,000
American National Bank
8990 WEST DODGE RD
OMAHA, NE 68114
* $ 4,043,203,000 2 $ 360,000
Bellwether Enterprise Real Estate Capital, LLC
1360 E. 9TH STREET SUITE 300
CLEVELAND, OH 44114
* $ -1,000 2 $ 11,200,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 2 $ 300,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 24,774,361,000 2 $ 250,000
Renasant Bank

JOHNS CREEK, GA 30097
* $ 13,387,533,000 2 $ 260,000
BNC National Bank

BISMARCK, ND 58501
* $ 965,305,000 2 $ 650,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 2 $ 340,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 397,703,264,000 2 $ 220,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 41,950,721,000 2 $ 280,000
First Federal Bank of Kansas City
6900 EXECUTIVE DR
KANSAS CITY, MO 64120
* $ 791,565,000 2 $ 360,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 2 $ 370,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 2 $ 310,000
First State Bank Nebraska
2701 GRAINGER PARKWAY
LINCOLN, NE 68516
* $ 608,395,000 2 $ 200,000
First Western Trust Bank
1900 16TH STREET SUITE #500
DENVER, CO 80202
* $ 1,241,291,000 2 $ 370,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 2 $ 240,000
Accelerate Mortgage, LLC
750 PRIDES CROSSING #303
NEWARK, DE 19713
* $ -1,000 2 $ 520,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,453,998,000,000 2 $ 140,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 2 $ 490,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 3,210,474,000 2 $ 210,000
Cobalt Credit Union
7148 TOWNE CENTER PARKWAY
PAPILLION, NE 68046
* $ 1,009,387,000 2 $ 170,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 2 $ 170,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 313,272,000 2 $ 470,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 215,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,432,105,000 1 $ 155,000
Core Bank
12100 W CENTER RD
OMAHA, NE 68118
* $ 593,829,000 1 $ 65,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 45,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 833,228,000 1 $ 235,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 85,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 235,000
Meridian Bank
9 OLD LINCOLN HIGHWAY
MALVERN, PA 19355
* $ 1,149,979,000 1 $ 315,000
Gershman Investment Corp.
16253 SWINGLEY RIDGE ROAD, SUITE 400
CHESTERFIELD, MO 63017
* $ -1,000 1 $ 205,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 1 $ 135,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 2,186,056,000 1 $ 155,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 375,000
Ally Bank

CHARLOTTE, NC 28202
* $ 167,492,000,000 1 $ 685,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 1 $ 165,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 464,504,000 1 $ 165,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 1 $ 225,000
Servbank, N.A.
3201 ORCHARD RD
OSWEGO, IL 60543
* $ 109,679,000 1 $ 175,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 1 $ 85,000
First Premier Bank
400 S SYCAMORE AVE, SUITE 101
SIOUX FALLS, SD 57104
* $ 2,041,578,000 1 $ 95,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 5,633,125,000 1 $ 125,000
Dundee Bank
5015 UNDERWOOD AVE
OMAHA, NE 68132
* $ 297,240,000 1 $ 235,000
Truhome Solutions, LLC
9601 LEGLER ROAD
LENEXA, KS 66219
* $ -1,000 1 $ 215,000
Lincoln Federal Svgs Bk of Ne
1101 N STREET
LINCOLN, NE 68520
* $ 307,643,000 1 $ 185,000
UMB Bank NA
1010 GRAND BLVD
KANSAS CITY, MO 64106
* $ 26,357,635,000 1 $ 15,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 1 $ 205,000
Pivot Financial Partners, Inc
5935 S ZANG ST., STE 220
LITTLETON, CO 80120
* $ -1,000 1 $ 375,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 55,000
Grand Bank for Savings, FSB
204 WESTOVER DRIVE
HATTIESBURG, MS 39404
* $ 84,543,000 1 $ 85,000
First International Bank & Trust
1600 S BDWAY
MINOT, ND 58701
* $ 3,466,051,000 1 $ 105,000
American Bank & Trust
120 E MAIN STREET
SIOUX FALLS, SD 57108
* $ 985,338,000 1 $ 295,000
First Nebraska Credit Union
10655 BEDFORD AVE
OMAHA, NE 68134
* $ 141,005,000 1 $ 75,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,131,130,000 1 $ 325,000
Redwood Residential Acquisition Corporation
1 BELVEDERE PLACE
MILL VALLEY, CA 94951
* $ -1,000 1 $ 685,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ -1,000 1 $ 155,000
Triumph Bank
1780 MORIAH WOODS BLVD., SUITE 4
MEMPHIS, TN 38117
* $ 837,096,000 1 $ 305,000
Bankfirst
920 S 13TH ST
NORFOLK, NE 68701
* $ 765,384,000 1 $ 75,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 175,000
Security Bank
10727 E 51ST STREET
TULSA, OK 74146
* $ 584,659,000 1 $ 355,000
Castle & Cooke Mortgage, LLC
13751 S WADSWORTH PARK DRIVE, STE 101
DRAPER, UT 84020
* $ -1,000 1 $ 75,000
Access Bank
8712 WEST DODGE ROAD
OMAHA, NE 68114
* $ 658,907,000 1 $ 515,000
Cornhusker Bank
8310 O STREET
LINCOLN, NE 68510
* $ 658,357,000 1 $ 175,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 135,000
Roundpoint Mortgage Servicing LLC
446 WRENPLACE ROAD
FORT MILL, SC 29715
* $ -1,000 1 $ 55,000
First Nebraska Bank
330 N. SPRUCE STREET, PO BOX 315
VALLEY, NE 68064
* $ 281,717,000 1 $ 165,000
Sofi Lending Corp.
375 HEALDSBURG AVENUE, SUITE 280
SACRAMENTO, CA 95448
* $ -1,000 1 $ 165,000
Colliers Mortgage LLC
90 SOUTH SEVENTH ST. SUITE 4300
MINNEAPOLIS, MN 55402
* $ -1,000 1 $ 3,245,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 1 $ 65,000
Arvest Bank

TULSA, OK 74103
* $ 19,445,554,000 1 $ 155,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 165,000
Wsfs Bank
500 DELAWARE AVENUE
WILMINGTON, DE 19801
* $ 12,223,127,000 1 $ 25,000

The tables below break down 2020 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 2020

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 1,681 $278,065,000 $165,000 $4,085,000 $73,000 $849,000
Refinancing 1,628 $299,990,000 $184,000 $6,875,000 $100,000 $1,111,000
Cash-out Refinancing 577 $109,465,000 $189,000 $6,745,000 $93,000 $800,000
Other Purpose 120 $7,660,000 $63,000 $235,000 $81,000 $228,000
Not Applicable 109 $10,865,000 $99,000 $685,000 $0 $0
Home Improvement 105 $5,595,000 $53,000 $265,000 $88,000 $500,000

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 2,702 $443,670,000 $164,000 $875,000 $95,000 $1,111,000
Not applicable 626 $138,830,000 $221,000 $6,875,000 $71,000 $194,000
Hispanic 575 $78,945,000 $137,000 $515,000 $58,000 $354,000
Not Provided 250 $39,420,000 $157,000 $435,000 $74,000 $535,000
Asian 38 $6,470,000 $170,000 $515,000 $117,000 $736,000
Black or African American 16 $2,540,000 $158,000 $255,000 $59,000 $122,000
American Indian or Alaskan Native 6 $820,000 $136,000 $205,000 $125,000 $304,000
Native Hawaiian or Other Pacific Islander 1 $155,000 $155,000 $155,000 $47,000 $47,000

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) 3,059 $525,715,000 $171,000 $6,875,000 $94,000 $1,111,000
FHA-insured (Federal Housing Administration) 759 $116,475,000 $153,000 $3,245,000 $55,000 $209,000
VA-guaranteed (Veterans Administration) 347 $63,395,000 $182,000 $425,000 $63,000 $176,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 55 $6,055,000 $110,000 $205,000 $48,000 $84,000

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 2,703 $489,325,000 $181,000 $6,875,000 $92,000 $1,111,000
Loan Purchased By The Institution 633 $98,305,000 $155,000 $685,000 $87,000 $370,000
Application Denied By Financial Institution 378 $46,310,000 $122,000 $445,000 $61,000 $500,000
Application Withdrawn By Applicant 361 $57,145,000 $158,000 $605,000 $81,000 $487,000
File Closed For Incompleteness 92 $12,130,000 $131,000 $405,000 $69,000 $195,000
Application Approved But Not Accepted 52 $8,340,000 $160,000 $515,000 $90,000 $535,000
Preapproval Approved but not Accepted 1 $85,000 $85,000 $85,000 $46,000 $46,000
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 3,177 $538,805,000 $169,000 $6,745,000 $84,000 $849,000
Debt-To-Income Ratio 796 $144,330,000 $181,000 $6,875,000 $107,000 $1,111,000
Credit History 125 $12,885,000 $103,000 $375,000 $63,000 $160,000
Collateral 38 $4,700,000 $123,000 $395,000 $80,000 $457,000
Credit Application Incomplete 29 $4,755,000 $163,000 $325,000 $48,000 $101,000
Other 28 $3,140,000 $112,000 $275,000 $64,000 $140,000
Employment History 12 $1,190,000 $99,000 $165,000 $28,000 $74,000
Unverifiable Information 8 $920,000 $115,000 $445,000 $153,000 $500,000
Insufficient Cash (Downpayment, Closing Cost) 7 $915,000 $130,000 $235,000 $47,000 $78,000
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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