Hall County, NE Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 1,810 mortgage applications in Hall County, NE totaling $187.4 million, down 8% from 2010. The average application was for $103,000, and applicants reported an average income of $55,000. 50% of applications resulted in an originated loan and 15% were denied. The most active lender was Wells Fargo Bank NA, with 386 applications, followed by Equitable Bank and US Bank, N.A..

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Total Number of Mortgage Applications 1,810
Total Mortgage Loan Application Amount $187,399,000
Average Mortgage Loan Application Amount $103,000
Highest Mortgage Loan Application Amount $789,000
Average Applicant Income $55,000
Highest Applicant Income $598,000
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Top Mortgage Lenders in Hall County, NE (2011)

Ranked by the number of mortgage applications each lender reported in Hall County, NE in 2011.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Wells Fargo Bank NA
Minneapolis, MN
386 $37,749,000 $97,000 $55,000
2 Equitable Bank
Grand Island, NE
214 $20,982,000 $98,000 $67,000
3 US Bank, N.A.
Cincinnati, OH
166 $16,825,000 $101,000 $28,000
4 Great Western Bank
Watertown, SD
74 $8,049,000 $108,000 $59,000
5 West Gate Bank
Lincoln, NE
68 $9,057,000 $133,000 $85,000
6 Embrace Home Loans, Inc.
Middletown, RI
66 $6,148,000 $93,000 $44,000
7 Union Bank and Trust Company
Lincoln, NE
65 $5,214,000 $80,000 $58,000
8 Bank of America NA
Westlake Village, CA
65 $7,213,000 $110,000 $56,000
9 US Bk NA Nd
Fargo, ND
45 $2,829,000 $62,000 $57,000
10 Centris Federal Credit Union
Omaha, NE
44 $3,056,000 $69,000 $60,000

See every lender active in Hall County, NE in 2011 »

The tables below break down 2011 mortgage applications in Hall County, NE by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Hall County, NE in 2011

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
Refinancing 1,027 $109,995,000 $107,000 $789,000 $58,000 $598,000
Home Purchase 647 $73,912,000 $114,000 $460,000 $47,000 $331,000
Home Improvement 136 $3,492,000 $25,000 $208,000 $63,000 $412,000

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 1,249 $134,008,000 $107,000 $450,000 $65,000 $598,000
Not applicable 225 $24,518,000 $108,000 $789,000 $7,000 $108,000
Hispanic 207 $14,824,000 $71,000 $298,000 $38,000 $174,000
Not Provided 112 $12,066,000 $107,000 $332,000 $58,000 $235,000
Asian 13 $1,593,000 $122,000 $316,000 $61,000 $245,000
Black or African American 2 $367,000 $183,000 $269,000 $101,000 $167,000
Native Hawaiian or Other Pacific Islander 2 $23,000 $11,000 $21,000 $42,000 $45,000
American Indian or Alaskan Native 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) 1,143 $116,571,000 $101,000 $789,000 $65,000 $598,000
FHA-insured (Federal Housing Administration) 566 $57,705,000 $101,000 $274,000 $37,000 $250,000
VA-guaranteed (Veterans Administration) 94 $11,925,000 $126,000 $298,000 $38,000 $174,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 7 $1,198,000 $171,000 $450,000 $48,000 $94,000

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 904 $97,816,000 $108,000 $789,000 $66,000 $598,000
Loan Purchased By The Institution 395 $44,083,000 $111,000 $383,000 $31,000 $474,000
Application Denied By Financial Institution 274 $21,885,000 $79,000 $417,000 $49,000 $412,000
Application Withdrawn By Applicant 131 $12,443,000 $94,000 $450,000 $52,000 $250,000
Application Approved But Not Accepted 74 $7,541,000 $101,000 $417,000 $68,000 $245,000
File Closed For Incompleteness 32 $3,631,000 $113,000 $211,000 $51,000 $96,000
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 83 $5,588,000 $67,000 $314,000 $47,000 $181,000
Debt-To-Income Ratio 41 $3,812,000 $92,000 $417,000 $39,000 $135,000
Collateral 40 $3,440,000 $86,000 $270,000 $74,000 $412,000
Other 25 $2,058,000 $82,000 $209,000 $53,000 $142,000
Credit Application Incomplete 7 $755,000 $107,000 $286,000 $43,000 $150,000
Employment History 7 $436,000 $62,000 $97,000 $46,000 $120,000
Unverifiable Information 6 $521,000 $86,000 $194,000 $51,000 $193,000
Insufficient Cash (Downpayment, Closing Cost) 3 $137,000 $45,000 $59,000 $23,000 $49,000
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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