Harrisonburg City, VA Mortgage Lenders & HMDA Data, 2013

In 2013, lenders reported 1,526 mortgage applications in Harrisonburg City, VA totaling $304.7 million, down 6% from 2012. The average application was for $199,000, and applicants reported an average income of $69,000. 57% of applications resulted in an originated loan and 15% were denied. The most active lender was Wells Fargo Bank NA, with 246 applications, followed by Truist Bank and Suntrust Mortgage, Inc..

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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 1,526
Total Mortgage Loan Application Amount $304,733,000
Average Mortgage Loan Application Amount $199,000
Highest Mortgage Loan Application Amount $27,019,000
Average Applicant Income $69,000
Highest Applicant Income $1,100,000

Mortgage Company List for Lending in Harrisonburg City, VA for 2013

* 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
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,266,125,000,000 246 $ 50,793,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 178,034,172,000 129 $ 18,248,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 169,076,807,000 108 $ 16,757,000
Farmers & Merchants Bank
PO BOX 1111
TIMBERVILLE, VA 22853
* $ 595,573,000 103 $ 18,122,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 77 $ 12,167,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,474,077,383,000 58 $ 7,653,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 42 $ 7,154,000
United Bank VA

MORGANTOWN, WV 26505
* $ 3,606,896,000 38 $ 7,271,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,896,773,000,000 37 $ 4,816,000
Integrity Home Mortgage Corporation
122 PILOT CIRCLE
WINCHESTER, VA 22602
* $ 1,000,000,000 36 $ 6,293,000
C&F Mortgage Corporation
1400 ALVERSER DRIVE
MIDLOTHIAN, VA 23113
* $ 189,567,000 35 $ 4,942,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 169,076,807,000 33 $ 1,470,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,313,401,000,000 30 $ 3,456,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 345,088,616,000 27 $ 4,466,000
Dupont Community Credit Union
140 LUCY LANE
WAYNESBORO, VA 22980
* $ 841,555,000 25 $ 3,497,000
Stellarone Bank
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 3,015,248,000 23 $ 4,687,000
Park View Federal Credit Union
1675 VIRGINIA AVENUE
HARRISONBURG, VA 22802
* $ 122,514,000 21 $ 3,409,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ 10,000,000 18 $ 2,855,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 16 $ 2,057,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 15 $ 2,061,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 13 $ 2,257,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ 826,484,000 12 $ 1,682,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 94,795,926,000 11 $ 1,735,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 11 $ 1,286,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 58,597,476,000 10 $ 1,561,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 10 $ 1,722,000
Summit Community Bank, Inc
PO BOX 680; 310 NORTH MAIN STREET
MOOREFIELD, WV 26836
* $ 1,380,775,000 10 $ 3,910,000
Townebank
5716 HIGH STREET WEST
PORTSMOUTH, VA 23703
* $ 4,405,926,000 10 $ 1,960,000
First Bank and Trust Company
PO BOX 1000
ABINGDON, VA 24212
* $ 1,276,136,000 9 $ 1,567,000
First Savings Mortgage Corporation
8444 WEST PARK DRIVE, THE 4TH FLOOR
MCLEAN, VA 22102
* $ 10,000,000 9 $ 1,043,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 9 $ 489,000
Discover Home Loans, Inc.
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 73,491,315,000 8 $ 1,744,000
Union Mortgage Group, Inc.
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 4,084,707,000 8 $ 1,737,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 8 $ 1,288,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 7 $ 1,333,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 7 $ 903,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 7 $ 958,000
Flagstar Bank NA

TROY, MI 49098
* $ 14,069,057,000 7 $ 1,182,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 52,436,123,000 7 $ 1,136,000
Pendleton Community Bank
128 N MAIN ST
FRANKLIN, WV 26807
* $ 262,135,000 7 $ 689,000
First Ciitizens Bank and Trust
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27603
* $ 20,908,181,000 6 $ 962,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 6 $ 1,195,000
Gfs Capital
6499 HAVENWOOD CIRCLE
HUNTINGTON BEACH, CA 92648
* $ 10,000,000 6 $ 1,317,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 6 $ 1,120,000
Roundpoint Mortgage Company
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 5 $ 804,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 295,026,390,000 5 $ 917,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 18,212,833,000 5 $ 1,069,000
Commonwealth One Federal Credit Union
4875 EISENHOWER AVE
ALEXANDRIA, VA 22304
* $ 307,702,000 5 $ 400,000
Access National Bank
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 862,757,000 4 $ 398,000
Merck Employees FCU
126 E. LINCOLN AVENUE
RAHWAY, NJ 07065
* $ 1,837,637,000 4 $ 228,000
Primary Capital
1000 PARKWOOD CIRCLE, SUITE 600
ATLANTA, GA 30339
* $ 10,000,000 4 $ 408,000
McLean Mortgage Corporation
11325 RANDOM HILLS RD. SUITE 400
FAIRFAX, VA 22030
* $ 50,010,000 4 $ 373,000
Capital Center LLC
4510 COX ROAD STE 402
GLEN ALLEN, VA 23060
* $ 10,000,000 4 $ 518,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 3 $ 849,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 3 $ 713,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 3 $ 528,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 3 $ 458,000
Residential Finance Corporatio
1 EASTON OVAL #400
COLUMBUS, OH 43219
* $ 17,533,484,000 3 $ 604,000
City National Bank of Wv
25 GATEWATER ROAD
CROSS LANES, WV 25313
* $ 2,893,976,000 3 $ 246,000
Woodforest National Bank
25231 GROGAN'S MILL ROAD
THE WOODLANDS, TX 77380
* $ 3,701,612,000 3 $ 421,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 15,532,278,000 3 $ 367,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,247,622,000 3 $ 592,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 250,961,257,000 3 $ 387,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 3 $ 425,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 3 $ 573,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 2 $ 308,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 2 $ 300,000
Fulton Bank, National Association
ONE PENN SQUARE
LANCASTER, PA 17602
* $ 9,228,605,000 2 $ 354,000
Virginia Federal Credit Union
PO BOX 90010
RICHMOND, VA 23225
* $ 2,385,518,000 2 $ 272,000
Pacific Mercantile Bank
949 SOUTH COAST DRIVE 3RD FLOOR
COSTA MESA, CA 92626
* $ 1,053,193,000 2 $ 332,000
Partners 1st Federal Credit Union
1330 DIRECTORS ROW
FORT WAYNE, IN 46808
* $ 246,203,000 2 $ 297,000
Everence Federal Credit Union
2160 LINCOLN HWY E, STE 20
LANCASTER, PA 17602
* $ 135,009,000 2 $ 460,000
Mycumortgage
3560 PENTAGON BLVD. SUITE 301
BEAVERCREEK, OH 45431
* $ 1,159,238,000 2 $ 262,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 119,444,656,000 2 $ 361,000
Member Advantage Mortgage
3330 BROADMOOR SE, SUITE B
GRAND RAPIDS, MI 49512
* $ 8,810,000 2 $ 222,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 2 $ 391,000
Military Family Home Loans, Ll
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 1,102,281,049,000 2 $ 457,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 2 $ 295,000
First Home Mortgage
6211 GREENLEIGH AVENUE SUITE 300
BALTIMORE, MD 21220
* $ 10,000,000 2 $ 389,000
Highlands Residential Mortgage, Ltd.
950 W BETHANY DR STE 800
ALLEN, TX 75013
* $ 40,000,000 2 $ 330,000
Homeowners Mortgage of America
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 2 $ 280,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 2 $ 568,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 230,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 1 $ 97,000
SWBC Mortgage Corporation
9311 SAN PEDRO AVENUE STE 100
SAN ANTONIO, TX 78216
* $ 502,411,000 1 $ 260,000
Village Bank Mortgage
13305 MIDLOTHIAN TURNPIKE
MIDLOTHIAN, VA 23113
* $ 300,960,000 1 $ 147,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 143,000
George Mason Mortgage LLC
4100 MONUMENT CORNER DRIVE #100
FAIRFAX, VA 22030
* $ 630,414,000 1 $ 93,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ 10,000,000 1 $ 67,000
Coastal States Mortgage, Inc.
5 BOW CIRCLE
HILTON HEAD ISLAND, SC 29928
* $ 10,000,000 1 $ 129,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ 10,000,000 1 $ 230,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 1 $ 141,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 1 $ 216,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ 101,315,000 1 $ 333,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 209,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 1 $ 152,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ 10,000,000 1 $ 122,000
Cityworth Mortgage LLC
11781 LEE JACKSON HIGHWAY
FAIRFAX, VA 22033
* $ 1,400,000,000 1 $ 112,000
Atlantic Bay Mortgage Group
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ 10,000,000 1 $ 215,000
Farm Credit of the Virginias, Aca
106 SANGERS LANE
STAUNTON, VA 24401
* $ 1,007,892,000,000 1 $ 129,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ 4,464,000 1 $ 123,000
Corridor Mortgage Group, Inc.
11085 STRATFIELD COURT
MARRIOTTSVILLE, MD 21104
* $ 605,000,000 1 $ 85,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ 10,000,000 1 $ 198,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 227,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 173,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 6,680,971,000 1 $ 145,000
Brand Mortgage Group, LLC
1255 LAKES PARKWAY, BLDG 300, ST 200
LAWRENCEVILLE, GA 30043
* $ 1,195,416,000 1 $ 70,000
American Security Mortgage Cor
2101 REXFORD RD. SUITE 100E
CHARLOTTE, NC 28207
* $ 10,000,000 1 $ 177,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 1 $ 270,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 1 $ 103,000
Ameritrust Mortgage Inc.
11016 RUSHMORE DRIVE, SUITE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 203,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 55,954,625,000 1 $ 208,000
Partners Financial Federal C U
1200 NEW YORK AVENUE
GLEN ALLEN, VA 23060
* $ 95,077,000 1 $ 25,000
Chartway FCU
5700 CLEVELAND STREET
VIRGINIA BEACH, VA 23462
* $ 1,887,739,000 1 $ 120,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 270,671,000 1 $ 233,000
Tower Federal Credit Union
7901 SANDY SPRING ROAD
LAUREL, MD 20707
* $ 2,516,840,000 1 $ 119,000
Potomac Bank
111 EAST WASHINGTON ST
CHARLES TOWN, WV 00000
* $ 295,779,000 1 $ 264,000
Harbor National Bank
1503 OLD TOWNE RD
CHARLESTON, SC 29407
* $ 273,196,000 1 $ 140,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,460,729,000 1 $ 90,000
Red River Employees Federal Credit Union
4405 SUMMERHILL ROAD
TEXARKANA, TX 75503
* $ 638,197,000 1 $ 204,000
Union Bank & Trust
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 4,084,707,000 1 $ 16,800,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 429,180,000 1 $ 294,000
Banc of California, NA
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 1,369,414,000 1 $ 109,000
Sandy Spring Bank
6831 BENJAMIN FRANKIN DRIVE
COLUMBIA, MD 21046
* $ 3,952,485,000 1 $ 150,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 203,985,615,000 1 $ 114,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 82,086,021,000 1 $ 143,000
Firstmerit Bank NA
III CASCADE PLAZA - CAS46
AKRON, OH 44308
* $ 14,901,417,000 1 $ 200,000
Virginia Community Bank
PO BOX 888
LOUISA, VA 23093
* $ 225,001,000 1 $ 320,000
Penn Community Bank
219 SOUTH NINTH STREET PO BOX 176
PERKASIE, PA 18944
* $ 954,385,000 1 $ 80,000
Mvb Bank, Inc.
113 PLATINUM DRIVE SUITE H
BRIDGEPORT, WV 26330
* $ 726,507,000 1 $ 720,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 636,087,000 1 $ 212,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 209,365,000 1 $ 116,000
Park Sterling Bank
1043 E MOREHEAD ST, STE 201
CHARLOTTE, NC 28204
* $ 2,010,386,000 1 $ 219,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ 32,120,000 1 $ 147,000
Walker & Dunlop, LLC
7501 WISCONSIN AVE, STE 1200E
BETHESDA, MD 20814
* $ 552,596,000 1 $ 11,000,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 1 $ 142,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 156,000
Reverse Mortgage Solutions Inc
14405 WALTERS RD SUITE 200
HOUSTON, TX 77014
* $ 10,978,000 1 $ 27,019,000

The tables below break down 2013 mortgage applications in Harrisonburg City, VA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Harrisonburg City, VA in 2013

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 891 $189,860,000 $213,000 $27,019,000 $74,000 $1,100,000
Home Purchase 579 $112,207,000 $193,000 $15,000,000 $63,000 $573,000
Home Improvement 56 $2,666,000 $47,000 $265,000 $55,000 $215,000

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 996 $151,622,000 $152,000 $480,000 $81,000 $1,100,000
Not applicable 182 $104,973,000 $576,000 $27,019,000 $21,000 $310,000
Hispanic 143 $17,584,000 $122,000 $342,000 $38,000 $185,000
Not Provided 104 $16,258,000 $156,000 $550,000 $87,000 $600,000
Asian 45 $6,429,000 $142,000 $264,000 $83,000 $255,000
Black or African American 42 $6,216,000 $148,000 $282,000 $43,000 $169,000
Native Hawaiian or Other Pacific Islander 8 $863,000 $107,000 $222,000 $39,000 $70,000
American Indian or Alaskan Native 6 $788,000 $131,000 $212,000 $70,000 $100,000

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) 1,244 $232,456,000 $186,000 $16,800,000 $78,000 $1,100,000
FHA-insured (Federal Housing Administration) 223 $60,816,000 $272,000 $27,019,000 $27,000 $125,000
VA-guaranteed (Veterans Administration) 59 $11,461,000 $194,000 $382,000 $44,000 $252,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

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 875 $166,210,000 $189,000 $16,800,000 $75,000 $989,000
Loan Purchased By The Institution 244 $66,061,000 $270,000 $27,019,000 $45,000 $310,000
Application Denied By Financial Institution 223 $43,585,000 $195,000 $15,000,000 $59,000 $492,000
Application Withdrawn By Applicant 104 $16,683,000 $160,000 $470,000 $79,000 $1,100,000
Application Approved But Not Accepted 52 $8,111,000 $155,000 $417,000 $91,000 $427,000
File Closed For Incompleteness 28 $4,083,000 $145,000 $395,000 $106,000 $362,000
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
Debt-To-Income Ratio 50 $6,178,000 $123,000 $348,000 $46,000 $185,000
Credit History 38 $3,302,000 $86,000 $228,000 $48,000 $125,000
Collateral 34 $4,909,000 $144,000 $374,000 $69,000 $204,000
Other 19 $17,300,000 $910,000 $15,000,000 $86,000 $306,000
Credit Application Incomplete 17 $2,770,000 $162,000 $306,000 $83,000 $301,000
Unverifiable Information 9 $958,000 $106,000 $152,000 $55,000 $180,000
Insufficient Cash (Downpayment, Closing Cost) 4 $442,000 $110,000 $251,000 $30,000 $64,000
Employment History 2 $307,000 $153,000 $199,000 $72,000 $94,000
Mortgage Insurance Denied 1 $96,000 $96,000 $96,000 $47,000 $47,000

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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