Great Falls, MT Metro Area Mortgage Lenders & HMDA Data, 2016

In 2016, lenders reported 4,507 mortgage applications in Great Falls, MT metro area totaling $707.0 million, up 6% from 2015. The average application was for $156,869, and applicants reported an average income of $62,000. 54% of applications resulted in an originated loan and 14% were denied. The most active lender was Stockman Bank of Montana, with 509 applications, followed by First Interstate Bank and Wells Fargo Bank NA.

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Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in Montana.
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 4,507
Total Mortgage Loan Application Amount $707,009,000
Average Mortgage Loan Application Amount $156,869
Highest Mortgage Loan Application Amount $1,710,000
Average Applicant Income $62,000
Highest Applicant Income $1,469,000

Mortgage Company List for Lending in Great Falls, MT for 2016

* 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
Stockman Bank of Montana
700 MAIN STREET
MILES CITY, MT 59301
* $ 3,203,045,000 509 $ 93,294,000
First Interstate Bank
PO BOX 30918
BILLINGS, MT 59116
* $ 8,699,182,000 417 $ 51,033,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,610,580,000,000 347 $ 54,199,000
Mann Financial Inc.
1220 WHITEFISH STAGE ROAD
KALISPELL, MT 59901
* $ 10,000,000 334 $ 52,982,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 320 $ 40,007,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 176 $ 30,816,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,649,486,000 169 $ 30,030,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 165 $ 27,658,000
Embark
1500 RIVER DRIVE NORTH
GREAT FALLS, MT 59401
* $ 93,621,000 139 $ 12,951,000
Dubuque Bank and Trust Company
1398 CENTRAL AVENUE
DUBUQUE, IA 52001
* $ 1,617,322,000 137 $ 24,614,000
Freedom Mortgage Corporation
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 123 $ 22,025,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 186,710,993,000 123 $ 22,904,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 93 $ 16,380,000
1st Liberty
6200 3RD AVE N
GREAT FALLS, MT 59401
* $ 164,396,000 78 $ 7,031,000
Universal Lending Corporation
6430 S FIDDLERS GREEN CIR STE 460
GREENWOOD VILLAGE, CO 80111
* $ 10,000,000 77 $ 11,778,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 75 $ 14,804,000
Russell Country Federal Credit Union
810 1ST AVE S
GREAT FALLS, MT 59401
* $ 62,884,000 68 $ 6,930,000
Montana Federal Credit Union
15 14TH STREET SOUTH
GREAT FALLS, MT 59401
* $ 215,150,000 62 $ 3,596,000
Belt Valley Bank
PO BOX 196
BELT, MT 59412
* $ 58,641,000 60 $ 6,182,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 55 $ 7,748,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 53 $ 8,944,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 205,125,538,000 48 $ 9,286,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 45 $ 8,745,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 33 $ 4,946,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 33 $ 6,456,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 28 $ 4,819,000
Prairie Mountain Bank
1019 7TH STREET SOUTH
GREAT FALLS, MT 59405
* $ 86,402,000 28 $ 4,344,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 26 $ 4,487,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ 32,120,000 25 $ 4,832,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 25 $ 4,140,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 24 $ 3,265,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 23 $ 4,001,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 23 $ 3,859,000
Opportunity Bank of Montana
1400 PROSPECT AVE
HELENA, MT 59601
* $ 625,070,000 21 $ 4,944,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 17 $ 2,463,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 16 $ 3,804,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 451,930,000 16 $ 2,667,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 16 $ 3,136,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 15 $ 1,884,000
Bbmc Mortgage, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 14 $ 2,756,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 14 $ 1,811,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 13 $ 2,214,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 13 $ 2,399,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 961,290,000 13 $ 2,069,000
Banc of California, National Association
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 8,231,396,000 12 $ 1,727,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 11 $ 704,000
Premier Home Mortgage, Inc.
3024 TOWER RD
RAPID CITY, SD 57701
* $ 20,569,000 10 $ 2,073,000
Glacier Bank
202 MAIN
KALISPELL, MT 59901
* $ 9,067,390,000 10 $ 2,856,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 10 $ 1,329,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 9 $ 1,370,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 444,244,000 7 $ 84,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 284,507,000 7 $ 1,507,000
Mount Olympus Mortgage Company
2600 MICHELSON DR., #250
IRVINE, CA 92612
* $ 10,000,000 7 $ 1,129,000
Rocky Mountain Bank
2615 KING AVE WEST
BILLINGS, MT 59102
* $ 491,522,000 7 $ 1,198,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,709,556,000 6 $ 1,070,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 6 $ 858,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 5 $ 1,309,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,299,801,000,000 5 $ 1,119,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 5 $ 968,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ 89,030,433,000 5 $ 1,085,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ 9,774,230,000 4 $ 406,000
Servbank, N.A.
3201 ORCHARD RD
OSWEGO, IL 60543
* $ 114,257,000 4 $ 809,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,077,735,000 4 $ 665,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 273,231,606,000 4 $ 991,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 19,460,442,000 4 $ 636,000
Teton Banks
321 CENTRAL AVE., DRAWER 9
FAIRFIELD, MT 59436
* $ 217,452,000 4 $ 271,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 4 $ 508,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 4 $ 646,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ 101,315,000 4 $ 933,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 4 $ 603,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 175,672,000 3 $ 962,000
Agwest Farm Credit, Flca
2001 SOUTH FLINT ROAD
SPOKANE, WA 99224
* $ 4,658,882,000 3 $ 519,000
Stifel Bank & Trust
501 N BROADWAY
ST LOUIS, MO 63141
* $ 7,273,809,000 3 $ 383,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,580,860,000 3 $ 616,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 3 $ 619,000
Forbright Bank
6701 DEMOCRACY BLVD, SUITE 400
CHEVY CHASE, MD 20815
* $ 504,343,000 3 $ 624,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 567,648,000 3 $ 479,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 3 $ 760,000
Mill City Credit Union
10653 WAYZATA BLVD
MINNETONKA, MN 55305
* $ 315,937,000 2 $ 253,000
First Western Trust Bank
1900 16TH STREET SUITE #500
DENVER, CO 80202
* $ 819,504,000 2 $ 477,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 988,439,000 2 $ 26,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ 10,000,000 2 $ 475,000
Citywide Home Loans, LLC

CHICAGO, IL 60613
* $ 10,000,000 2 $ 642,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 95,747,000 2 $ 601,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 2 $ 251,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 2,887,863,000 2 $ 477,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 2 $ 297,000
Platinum Home Mortgage Corporation
2200 HICKS RD, STE 101
SPRINGFIELD, IL 60008
* $ 10,000,000 2 $ 275,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 2 $ 273,000
Velocity Commercial Capital LLC
2945 TOWNSGATE ROAD SUITE 110
WESTLAKE VILLAGE, CA 91361
* $ 454,514,000 2 $ 330,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 2 $ 395,000
Semper Home Loans, Inc
225 DUPONT DRIVE
PROVIDENCE, RI 02907
* $ 3,295,000 2 $ 363,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 1 $ 175,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 1 $ 179,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ 6,656,748,000 1 $ 188,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 1,720,318,000 1 $ 160,000
Four Points Federal Credit Union
510 N 127TH ST
OMAHA, NE 68137
* $ 116,746,000 1 $ 248,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 1 $ 255,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 1 $ 230,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 266,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ 50,442,000 1 $ 159,000
Kondaur Capital Corporation
333 S ANITA DR STE 400
ORANGE, CA 92868
* $ 54,713,000 1 $ 80,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 160,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 1 $ 42,000
Redwood Residential Acquisition Corporation
1 BELVEDERE PLACE
MILL VALLEY, CA 94951
* $ 7,606,000 1 $ 553,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 1 $ 171,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 1 $ 223,000
Tib the Independent Bankersban
11701 LUNA ROAD
FARMERS BRANCH, TX 75234
* $ 2,565,602,000 1 $ 140,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ 608,779,509,000 1 $ 187,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ 10,000,000 1 $ 153,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ 42,331,494,000 1 $ 250,000
Sofi Lending Corp.
375 HEALDSBURG AVENUE, SUITE 280
SACRAMENTO, CA 95448
* $ 4,609,426,188,000 1 $ 213,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 85,747,508,000 1 $ 63,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 3,128,427,000 1 $ 38,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 318,361,000 1 $ 352,000
Finance of America Commercial LLC
6230 FAIRVIEW ROAD, SUITE 300
CHARLOTTE, NC 28210
* $ 214,531,000 1 $ 73,000
Extraco Banks, NA
18 SOUTH MAIN STREET
TEMPLE, TX 76502
* $ 1,374,971,000 1 $ 276,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ 1,738,618,000 1 $ 122,000
Security National Bank of Omaha
PO BOX 31400
OMAHA, NE 68124
* $ 848,838,000 1 $ 250,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ 10,000,000 1 $ 262,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,764,654,000 1 $ 216,000
Citizens Alliance Bank
55 NW 1ST ST NW PO BOX 430
CLARA CITY, MN 56222
* $ 614,852,000 1 $ 50,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 111,306,727,000 1 $ 70,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 224,192,000 1 $ 25,000
Boeing Employees' Credit Union
12770 GATEWAY DRIVE
TUKWILA, WA 98168
* $ 14,474,228,000 1 $ 4,000
Arvest Bank

TULSA, OK 74103
* $ 15,843,566,000 1 $ 175,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 31,272,894,000 1 $ 301,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 1 $ 20,000
Ks Statebank
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 1,502,221,000 1 $ 355,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,801,773,000 1 $ 47,000
Nbh Bank
7800 EAST ORCHARD ROAD, SUITE 300
GREENWOOD VILLAGE, CO 80011
* $ 4,800,524,000 1 $ 165,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 360,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 1 $ 400,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ 10,000,000 1 $ 96,000
BNC National Bank

BISMARCK, ND 58501
* $ 903,318,000 1 $ 416,000
Clearpath Lending
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ 10,000,000 1 $ 179,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 125,000
Centerbank
744 STATE ROUTE 28
MILFORD, OH 45150
* $ 145,785,000 1 $ 197,000
Trailwest Bank
PO BOX 9
LOLO, MT 59847
* $ 401,297,000 1 $ 93,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 1,267,342,000 1 $ 123,000

The tables below break down 2016 mortgage applications in Great Falls, MT 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 Great Falls, MT in 2016

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 2,039 $357,682,000 $175,000 $783,000 $62,000 $790,000
Refinancing 2,019 $319,992,000 $158,000 $1,710,000 $60,000 $1,469,000
Home Improvement 449 $29,335,000 $65,000 $762,000 $67,000 $720,000

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 3,357 $504,896,000 $150,000 $904,000 $70,000 $1,469,000
Not applicable 714 $131,859,000 $184,000 $1,710,000 $20,000 $481,000
Not Provided 233 $37,281,000 $160,000 $580,000 $67,000 $425,000
Hispanic 79 $11,903,000 $150,000 $382,000 $56,000 $146,000
American Indian or Alaskan Native 53 $7,716,000 $145,000 $378,000 $59,000 $324,000
Black or African American 32 $6,348,000 $198,000 $418,000 $57,000 $202,000
Asian 26 $4,572,000 $175,000 $417,000 $80,000 $360,000
Native Hawaiin or Other Pacific Islander 13 $2,434,000 $187,000 $293,000 $49,000 $151,000

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) 2,566 $361,452,000 $140,000 $1,710,000 $73,000 $1,469,000
VA-guaranteed (Veterans Administration) 1,149 $227,738,000 $198,000 $800,000 $50,000 $389,000
FHA-insured (Federal Housing Administration) 764 $113,714,000 $148,000 $501,000 $42,000 $481,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 28 $4,105,000 $146,000 $270,000 $37,000 $72,000

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 2,442 $376,891,000 $154,000 $1,710,000 $71,000 $790,000
Loan Purchased By The Institution 808 $144,915,000 $179,000 $800,000 $28,000 $481,000
Application Denied By Financial Institution 644 $89,793,000 $139,000 $807,000 $63,000 $1,469,000
Application Withdrawn By Applicant 442 $71,044,000 $160,000 $680,000 $71,000 $687,000
File Closed For Incompleteness 102 $15,658,000 $153,000 $580,000 $62,000 $465,000
Application Approved But Not Accepted 69 $8,708,000 $126,000 $289,000 $54,000 $192,000
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
Credit History 105 $11,024,000 $104,000 $380,000 $64,000 $351,000
Debt-To-Income Ratio 93 $12,272,000 $131,000 $417,000 $42,000 $153,000
Collateral 67 $10,118,000 $151,000 $597,000 $70,000 $174,000
Credit Application Incomplete 43 $6,737,000 $156,000 $441,000 $61,000 $258,000
Other 33 $3,716,000 $112,000 $315,000 $50,000 $160,000
Employment History 10 $1,061,000 $106,000 $259,000 $52,000 $101,000
Insufficient Cash (Downpayment, Closing Cost) 10 $1,286,000 $128,000 $256,000 $64,000 $111,000
Unverifiable Information 9 $1,989,000 $221,000 $592,000 $157,000 $729,000
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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