Great Falls, MT Metro Area Mortgage Lenders & HMDA Data, 2018

In 2018, lenders reported 3,741 mortgage applications in Great Falls, MT metro area totaling $673.9 million, down 10% from 2017. The average application was for $180,137, and applicants reported an average income of $79,000. 57% of applications resulted in an originated loan and 13% were denied. The most active lender was Stockman Bank of Montana, with 559 applications, followed by Fairway Independent Mort Corp and US Bank, N.A..

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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 3,741
Total Mortgage Loan Application Amount $673,895,000
Average Mortgage Loan Application Amount $180,137
Highest Mortgage Loan Application Amount $15,005,000
Average Applicant Income $79,000
Highest Applicant Income $1,320,000

Mortgage Company List for Lending in Great Falls, MT 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
Stockman Bank of Montana
700 MAIN STREET
MILES CITY, MT 59301
* $ 3,522,047,000 559 $ 106,325,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 260 $ 43,660,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 239 $ 28,545,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,747,398,000,000 221 $ 36,095,000
Mann Financial Inc.
1220 WHITEFISH STAGE ROAD
KALISPELL, MT 59901
* $ -1,000 169 $ 27,125,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 156 $ 34,860,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 151 $ 29,805,000
Opportunity Bank of Montana
1400 PROSPECT AVE
HELENA, MT 59601
* $ 701,960,000 148 $ 30,250,000
First Interstate Bank
PO BOX 30918
BILLINGS, MT 59116
* $ 12,151,833,000 141 $ 22,265,000
Embark
1500 RIVER DRIVE NORTH
GREAT FALLS, MT 59401
* $ 101,949,000 134 $ 8,900,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 127 $ 25,715,000
Montana Federal Credit Union
15 14TH STREET SOUTH
GREAT FALLS, MT 59401
* $ 237,437,000 102 $ 9,910,000
Dubuque Bank and Trust Company
1398 CENTRAL AVENUE
DUBUQUE, IA 52001
* $ 1,443,419,000 89 $ 15,865,000
Universal Lending Corporation
6430 S FIDDLERS GREEN CIR STE 460
GREENWOOD VILLAGE, CO 80111
* $ -1,000 71 $ 11,425,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 69 $ 14,125,000
Belt Valley Bank
PO BOX 196
BELT, MT 59412
* $ 59,306,000 52 $ 4,950,000
1st Liberty
6200 3RD AVE N
GREAT FALLS, MT 59401
* $ 168,352,000 51 $ 3,435,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 51 $ 10,195,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 48 $ 7,620,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 43 $ 7,455,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 41 $ 9,155,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 38 $ 6,580,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 34 $ 4,820,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 26 $ 5,890,000
Prairie Mountain Bank
1019 7TH STREET SOUTH
GREAT FALLS, MT 59405
* $ 90,730,000 26 $ 3,750,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 24 $ 5,200,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 23 $ 4,735,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 98,729,134,000 22 $ 930,000
Premier Home Mortgage, Inc.
3024 TOWER RD
RAPID CITY, SD 57701
* $ -1,000 22 $ 3,570,000
Suntrust Banks, Inc.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 201,637,519,000 21 $ 3,785,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 21 $ 3,515,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 19 $ 3,585,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 18 $ 4,550,000
Glacier Bank
202 MAIN
KALISPELL, MT 59901
* $ 9,652,147,000 18 $ 23,130,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 17 $ 3,405,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 16 $ 2,670,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 15 $ 3,515,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 15 $ 3,135,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 14 $ 2,450,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ -1,000 13 $ 2,585,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,175,351,000 13 $ 2,665,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 12 $ 2,400,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 11 $ 2,135,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 11 $ 785,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 11 $ 2,565,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 10 $ 2,370,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 9 $ 1,195,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ -1,000 8 $ 1,320,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 8 $ 1,210,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 8 $ 1,910,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 22,858,876,000 7 $ 935,000
Citizens Alliance Bank
55 NW 1ST ST NW PO BOX 430
CLARA CITY, MN 56222
* $ 758,942,000 7 $ 1,535,000
Chou Team Realty, LLC
25391 COMMERCENTRE DRIVE
LAKE FOREST, CA 92630
* $ -1,000 7 $ 1,455,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 4,724,296,000 6 $ 1,380,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 6 $ 1,460,000
Accelerate Mortgage, LLC
750 PRIDES CROSSING #303
NEWARK, DE 19713
* $ -1,000 6 $ 1,560,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 363,702,000 6 $ 1,380,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 240,467,000 6 $ 1,450,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 6 $ 930,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,696,742,000 5 $ 375,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 5 $ 1,095,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 34,298,273,000 4 $ 910,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 4 $ 470,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 4 $ 610,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 4 $ 900,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 4 $ 930,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 3 $ 865,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 32,217,466,000 3 $ 685,000
Forbright Bank
6701 DEMOCRACY BLVD, SUITE 400
CHEVY CHASE, MD 20815
* $ 955,028,000 3 $ 555,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 3 $ 405,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 3 $ 665,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 3 $ 265,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 3 $ 655,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,002,264,000 2 $ 400,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 25,054,739,000 2 $ 280,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 14,726,156,000 2 $ 400,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 192,687,000 2 $ 430,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 118,072,176,000 2 $ 270,000
Keller Mortgage, LLC

AUSTIN, TX 78746
* $ -1,000 2 $ 250,000
Agwest Farm Credit, Flca
2001 SOUTH FLINT ROAD
SPOKANE, WA 99224
* $ -1,000 2 $ 740,000
Chevron Federal Credit Union
2300 CLAYTON ROAD SUITE 700
CONCORD, CA 94520
* $ 3,163,380,000 2 $ 190,000
Howard Bank
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 1,150,216,000 2 $ 530,000
Lennar Mortgage, LLC
5505 WATERFORD DISTRICT DRIVE SUITE 505
MIAMI, FL 33126
* $ -1,000 2 $ 390,000
Servbank, N.A.
3201 ORCHARD RD
OSWEGO, IL 60543
* $ 93,722,000 2 $ 270,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 2 $ 380,000
Mountain America Federal Credit Union
7181 SOUTH CAMPUS VIEW DRIVE
SANDY, UT 84091
* $ 7,093,314,000 2 $ 60,000
Goprime Mortgage, Inc.
320 N SALEM STREET
APEX, NC 27502
* $ -1,000 2 $ 440,000
Rocky Mountain Bank
2615 KING AVE WEST
BILLINGS, MT 59102
* $ 487,136,000 2 $ 150,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 2 $ 340,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 2 $ 440,000
Citadel Servicing Corporation
15707 ROCKFIELD BLVD STE 320
IRVINE, CA 92618
* $ -1,000 2 $ 330,000
Redwood Residential Acquisition Corporation
1 BELVEDERE PLACE
MILL VALLEY, CA 94951
* $ -1,000 2 $ 1,600,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 2 $ 370,000
Clearpath Lending
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ -1,000 2 $ 490,000
Clearwater Federal Credit Union
3600 BROOKS ST
MISSOULA, MT 59801
* $ 495,742,000 2 $ 140,000
Reverse Mortgage Funding LLC
1455 BROAD ST., 2ND FL
BLOOMFIELD, NJ 07003
* $ -1,000 2 $ 170,000
Quorum Federal Credit Union
2500 WESTCHESTER AVENUE
PURCHASE, NY 10577
* $ 860,441,000 2 $ 110,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 3,947,088,000 1 $ 35,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 65,127,000,000 1 $ 605,000
Amcap Mortgage, Ltd.
9999 BELLAIRE BLVD., SUITE 700
AUSTIN, TX 77036
* $ -1,000 1 $ 195,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 1 $ 195,000
State Bank of Arizona
1771 MCCULLOCH BLVD
LAKE HAVASU CITY, AZ 86403
* $ 620,595,000 1 $ 205,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 1,364,710,000 1 $ 25,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,002,887,000 1 $ 125,000
Western Alliance Bank
2901 N CENTRAL AVENUE
PHOENIX, AZ 85012
* $ 20,404,038,000 1 $ 135,000
Cache Valley Bank
101 NORTH MAIN
LOGAN, UT 84321
* $ 1,102,105,000 1 $ 135,000
First Home Bank
9190 SEMINOLE BLVD
SEMINOLE, FL 33772
* $ 260,106,000 1 $ 275,000
Park Side Credit Union
4055 BROOKS ST. SUITE C
WHITEFISH, MT 59937
* $ 228,932,000 1 $ 115,000
BNC National Bank

BISMARCK, ND 58501
* $ 945,013,000 1 $ 475,000
Bankunited, National Association
7815 NW 148TH STREET
MIAMI LAKES, FL 33016
* $ 30,280,467,000 1 $ 115,000
Stifel Bank & Trust
501 NORTH BROADWAY
ST. LOUIS, MO 63102
* $ 15,286,549,000 1 $ 55,000
1st Security Bank of Washington
6920 220TH STREET SW
MOUNTLAKE TERRACE, WA 98043
* $ 981,497,000 1 $ 75,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 155,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 1 $ 125,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 165,000
Renasant Bank

JOHNS CREEK, GA 30097
* $ 9,805,580,000 1 $ 205,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 264,496,000 1 $ 15,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ 8,908,994,000 1 $ 105,000
UBS Bank USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ 53,495,452,000 1 $ 495,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 165,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 5,000
Ks Statebank
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 1,787,790,000 1 $ 415,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 1 $ 195,000
Gate City Bank
500 2ND AVE N
FARGO, ND 58102
* $ 2,064,412,000 1 $ 155,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 185,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 191,384,000 1 $ 65,000
Semper Home Loans, Inc
225 DUPONT DRIVE
PROVIDENCE, RI 02907
* $ -1,000 1 $ 235,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ 2,099,773,000 1 $ 55,000
Citywide Home Loans, LLC

CHICAGO, IL 60613
* $ -1,000 1 $ 355,000
Great Plains National Bank
5909 NW EXPRESSWAY
ELK CITY, OK 73644
* $ 629,025,000 1 $ 145,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 631,522,000 1 $ 135,000
Grandbridge Real Estate Capital LLC
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ -1,000 1 $ 5,225,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ -1,000 1 $ 45,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,384,707,000,000 1 $ 11,675,000
Corporate America Family CU
2445 ALFT LANE
ELGIN, IL 60123
* $ 602,549,000 1 $ 65,000
Santander Bank, N.A.
824 NORTH MARKET STREET, SUITE 100
WILMINGTON, DE 19801
* $ 74,450,413,000 1 $ 35,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 104,052,030,000 1 $ 565,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 1 $ 95,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ -1,000 1 $ 325,000
Platinum Home Mortgage Corporation
2200 HICKS RD, STE 101
SPRINGFIELD, IL 60008
* $ -1,000 1 $ 105,000

The tables below break down 2018 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 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 2,048 $425,070,000 $207,000 $15,005,000 $79,000 $1,066,000
Cash-out Refinancing 840 $140,130,000 $166,000 $585,000 $71,000 $494,000
Refinancing 435 $73,465,000 $168,000 $5,225,000 $83,000 $1,320,000
Other Purpose 189 $15,675,000 $82,000 $555,000 $99,000 $524,000
Home Improvement 171 $9,885,000 $57,000 $425,000 $94,000 $936,000
Not Applicable 58 $9,670,000 $166,000 $585,000 $92,000 $133,000

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 2,809 $459,225,000 $163,000 $1,075,000 $79,000 $1,320,000
Not applicable 514 $139,630,000 $271,000 $15,005,000 $79,000 $429,000
Not Provided 215 $37,955,000 $176,000 $685,000 $87,000 $1,066,000
Hispanic 62 $11,380,000 $183,000 $465,000 $68,000 $235,000
American Indian or Alaskan Native 52 $6,540,000 $125,000 $345,000 $51,000 $188,000
Asian 40 $8,700,000 $217,000 $485,000 $100,000 $310,000
Black or African American 32 $5,830,000 $182,000 $425,000 $64,000 $142,000
Native Hawaiian or Other Pacific Islander 10 $2,300,000 $230,000 $755,000 $87,000 $332,000

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) 2,101 $356,375,000 $169,000 $15,005,000 $91,000 $1,320,000
VA-guaranteed (Veterans Administration) 924 $204,150,000 $220,000 $615,000 $69,000 $235,000
FHA-insured (Federal Housing Administration) 682 $107,650,000 $157,000 $585,000 $51,000 $191,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 34 $5,720,000 $168,000 $275,000 $47,000 $77,000

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 2,119 $376,595,000 $177,000 $15,005,000 $81,000 $1,320,000
Loan Purchased By The Institution 614 $122,440,000 $199,000 $615,000 $81,000 $561,000
Application Denied By Financial Institution 479 $69,955,000 $146,000 $985,000 $70,000 $936,000
Application Withdrawn By Applicant 408 $83,520,000 $204,000 $11,675,000 $76,000 $706,000
File Closed For Incompleteness 85 $14,875,000 $175,000 $685,000 $86,000 $471,000
Application Approved But Not Accepted 35 $6,455,000 $184,000 $825,000 $93,000 $487,000
Preapproval Approved but not Accepted 1 $55,000 $55,000 $55,000 $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 3,253 $602,065,000 $185,000 $15,005,000 $81,000 $1,320,000
Debt-To-Income Ratio 142 $22,170,000 $156,000 $985,000 $48,000 $268,000
Credit History 134 $18,150,000 $135,000 $985,000 $71,000 $489,000
Collateral 89 $13,155,000 $147,000 $615,000 $82,000 $368,000
Other 50 $6,480,000 $129,000 $415,000 $96,000 $800,000
Credit Application Incomplete 41 $7,905,000 $192,000 $475,000 $116,000 $936,000
Unverifiable Information 18 $2,010,000 $111,000 $205,000 $35,000 $85,000
Insufficient Cash (Downpayment, Closing Cost) 8 $1,110,000 $138,000 $275,000 $45,000 $83,000
Employment History 6 $850,000 $141,000 $255,000 $44,000 $67,000
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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