Harrisonburg City, VA Mortgage Lenders & HMDA Data, 2017

In 2017, lenders reported 1,036 mortgage applications in Harrisonburg City, VA totaling $238.6 million, down 15% from 2016. The average application was for $230,000, and applicants reported an average income of $69,000. 59% of applications resulted in an originated loan and 12% were denied. The most active lender was Farmers & Merchants Bank, with 87 applications, followed by Wells Fargo Bank NA and Integrity Home Mortgage Corporation.

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Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in Virginia.
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 1,036
Total Mortgage Loan Application Amount $238,623,000
Average Mortgage Loan Application Amount $230,000
Highest Mortgage Loan Application Amount $25,300,000
Average Applicant Income $69,000
Highest Applicant Income $695,000

Mortgage Company List for Lending in Harrisonburg City, VA for 2017

* 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
Farmers & Merchants Bank
PO BOX 1111
TIMBERVILLE, VA 22853
* $ 745,061,000 87 $ 16,241,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,727,235,000,000 71 $ 37,000,000
Integrity Home Mortgage Corporation
122 PILOT CIRCLE
WINCHESTER, VA 22602
* $ -1,000 70 $ 10,051,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 52 $ 9,632,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ -1,000 50 $ 8,928,000
Dupont Community Credit Union
140 LUCY LANE
WAYNESBORO, VA 22980
* $ 1,091,190,000 42 $ 4,894,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 214,433,035,000 35 $ 4,604,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 30 $ 6,393,000
Park View Federal Credit Union
1675 VIRGINIA AVENUE
HARRISONBURG, VA 22802
* $ 161,047,000 25 $ 2,945,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 21 $ 3,486,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 20 $ 3,989,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 18 $ 2,617,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 200,557,635,000 18 $ 949,000
Commonwealth One Federal Credit Union
4875 EISENHOWER AVE
ALEXANDRIA, VA 22304
* $ 323,180,000 16 $ 2,484,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 16 $ 3,012,000
C&F Mortgage Corporation
1400 ALVERSER DRIVE
MIDLOTHIAN, VA 23113
* $ -1,000 15 $ 1,734,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 14 $ 1,989,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 14 $ 2,145,000
Gmh Mortgage Services LLC
625 W RIDGE PIKE STE 100; BUILDING C
CONSHOHOCKEN, PA 19428
* $ -1,000 13 $ 2,354,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,082,803,000,000 13 $ 2,209,000
Summit Community Bank, Inc
PO BOX 680; 310 NORTH MAIN STREET
MOOREFIELD, WV 26836
* $ 1,750,952,000 13 $ 13,654,000
Union Bank & Trust
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 8,402,527,000 13 $ 1,185,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 12 $ 2,349,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 441,010,095,000 12 $ 2,280,000
Member Advantage Mortgage
3330 BROADMOOR SE, SUITE B
GRAND RAPIDS, MI 49512
* $ -1,000 12 $ 2,220,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 77,760,914,000 11 $ 2,103,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 11 $ 1,734,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 10 $ 1,391,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 10 $ 1,756,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 9 $ 857,000
First Bank and Trust Company
PO BOX 1000
ABINGDON, VA 24212
* $ 1,646,855,000 9 $ 1,373,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 9 $ 1,366,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 9 $ 1,948,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 9 $ 1,170,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,677,490,000,000 9 $ 1,394,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 79,775,662,000 8 $ 1,301,000
United Bank VA

MORGANTOWN, WV 26505
* $ 9,017,236,000 7 $ 2,294,000
Atlantic Bay Mortgage Group
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ -1,000 6 $ 1,063,000
Primary Capital
1000 PARKWOOD CIRCLE, SUITE 600
ATLANTA, GA 30339
* $ -1,000 6 $ 807,000
Atlantic Coast Mortgage, LLC
4100 MONUMENT CORNER DRIVE, SUITE 300
FAIRFAX, VA 22030
* $ -1,000 5 $ 876,000
Union Mortgage Group, Inc.
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ -1,000 5 $ 1,079,000
First Reliance Bank
2170 W PALMETTO ST
FLORENCE, SC 29501
* $ 406,746,000 5 $ 635,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 5 $ 869,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 5 $ 1,070,000
Bank of the James
828 MAIN STREET
LYNCHBURG, VA 24504
* $ 574,459,000 4 $ 1,018,000
The First State Bank
PO BOX 295
BARBOURSVILLE, WV 25504
* $ 216,651,000 4 $ 546,000
Mycumortgage
3560 PENTAGON BLVD. SUITE 301
BEAVERCREEK, OH 45431
* $ -1,000 4 $ 831,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 4 $ 814,000
First Bank
112 W KING ST
STRASBURG, VA 22657
* $ 715,738,000 4 $ 575,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 4 $ 457,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 4 $ 685,000
Capital Center LLC
4510 COX ROAD STE 402
GLEN ALLEN, VA 23060
* $ -1,000 4 $ 543,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 4 $ 1,324,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 3 $ 473,000
Panorama Mortgage Group, LLC
350 RAMPART BOULEVARD SUITE 310
LAS VEGAS, NV 89113
* $ -1,000 3 $ 448,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 3 $ 714,000
First Ciitizens Bank and Trust
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27603
* $ 32,814,750,000 3 $ 610,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 3 $ 583,000
Virginia Federal Credit Union
PO BOX 90010
RICHMOND, VA 23225
* $ 3,303,926,000 3 $ 241,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 3 $ 719,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 3 $ 456,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,980,496,000 3 $ 730,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 3 $ 525,000
Intercoastal Mortgage, LLC
11911 FREEDOM DRIVE SUITE 500
RESTON, VA 20190
* $ -1,000 3 $ 405,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 3,275,430,000 3 $ 586,000
Townebank
5716 HIGH STREET WEST
PORTSMOUTH, VA 23703
* $ 7,973,918,000 2 $ 422,000
Pendleton Community Bank
128 N MAIN ST
FRANKLIN, WV 26807
* $ 276,349,000 2 $ 336,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 2 $ 335,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 2 $ 387,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 122,631,667,000 2 $ 248,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 2 $ 397,000
First Direct Lending LLC
15261 LAGUNA CANYON ROAD, SUITE 200
IRVINE, CA 92618
* $ -1,000 2 $ 348,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 2 $ 312,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 2 $ 385,000
Alcova Mortgage, LLC
308 MARKET ST, SE
ROANOKE, VA 24011
* $ -1,000 2 $ 171,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 2 $ 190,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 2 $ 178,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 21,689,804,000 2 $ 404,000
Odyssey Funding LLC
8133 LEESBURG PIKE SUITE 450
VIENNA, VA 22182
* $ -1,000 2 $ 298,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 2 $ 324,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 18,252,081,000 1 $ 64,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 13,265,339,000 1 $ 113,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 286,080,320,000 1 $ 229,000
Berkeley Point Capital LLC

BOSTON, MA 02110
* $ -1,000 1 $ 15,300,000
Guaranty Trust Company
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 144,000
Corning Credit Union
ONE CREDIT UNION PLAZA
CORNING, NY 14830
* $ 1,294,045,000 1 $ 13,000
Semper Home Loans, Inc
225 DUPONT DRIVE
PROVIDENCE, RI 02907
* $ -1,000 1 $ 172,000
Virginia National Bank
PO BOX 2853
CHARLOTTESVILLE, VA 22911
* $ 604,638,000 1 $ 179,000
George Mason Mortgage, LLC
4100 MONUMENT CORNER DRIVE #100
PRINCE WILLIAM, VA 22030
* $ -1,000 1 $ 165,000
Blue Ridge Bank
P.O. BOX 609, 17 WEST MAIN ST
LURAY, VA 22835
* $ 416,525,000 1 $ 400,000
Fay Servicing LLC

TAMPA, FL 33609
* $ -1,000 1 $ 340,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 52,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 1 $ 134,000
Corridor Mortgage Group, Inc.
11085 STRATFIELD COURT
MARRIOTTSVILLE, MD 21104
* $ -1,000 1 $ 237,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 1 $ 59,000
City National Bank of Wv
25 GATEWATER ROAD
CROSS LANES, WV 25313
* $ 3,946,566,000 1 $ 248,000
Everence Federal Credit Union
2160 LINCOLN HWY E, STE 20
LANCASTER, PA 17602
* $ 167,480,000 1 $ 76,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 123,000
R M K Financial Corp.
1819 S. EXCISE AVENUE
ONTARIO, CA 91761
* $ -1,000 1 $ 102,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 1 $ 60,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 587,672,000 1 $ 136,000
First Heritage Mortgage, LLC
11325 RANDOM HILLS RD SUITE 600
FAIRFAX, VA 22031
* $ -1,000 1 $ 152,000
Walker & Dunlop, LLC
7501 WISCONSIN AVE, STE 1200E
BETHESDA, MD 20814
* $ -1,000 1 $ 8,450,000
Bank of Clarke
2 E MAIN ST
BERRYVILLE, VA 22611
* $ 692,944,000 1 $ 85,000
Fulton Bank, National Association
ONE PENN SQUARE
LANCASTER, PA 17602
* $ 10,741,577,000 1 $ 7,546,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 27,829,056,000 1 $ 139,000
Commonwealth Mortgage, LLC
600 WEST CUMMINGS PARK SUITE 2500
WOBURN, MA 01801
* $ -1,000 1 $ 160,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 1 $ 211,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 13,155,641,000 1 $ 144,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 1 $ 198,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 1 $ 186,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ -1,000 1 $ 140,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ -1,000 1 $ 162,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 1 $ 181,000
Ameris Bank
300 SOUTH MAIN STREET
ATLANTA, GA 30305
* $ 6,884,999,000 1 $ 120,000
Dominion Capital Mortgage, Inc.
3900 WESTERRE PARKWAY SUITE 100
RICHMOND, VA 23233
* $ 0 1 $ 150,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,349,581,000,000 1 $ 190,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 106,000
Eaglebank
11931 TECH RD
SILVER SPRING, MD 20904
* $ 6,877,477,000 1 $ 433,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 355,999,734,000 1 $ 70,000
Chou Team Realty, LLC
25391 COMMERCENTRE DRIVE
LAKE FOREST, CA 92630
* $ 2,800,000,000 1 $ 206,000
Arc Home LLC

MOORESTOWN, NJ 08057
* $ 0 1 $ 157,000
US Mortgage Corporation
201 OLD COUNTRY ROAD
MELVILLE, NY 11747
* $ -1,000 1 $ 103,000
Civic FCU
P.O. DRAWER 25279
RALEIGH, NC 27609
* $ 1,751,466,000 1 $ 122,000
First Peoples Cfcu
153 BALTIMORE STREET
CUMBERLAND, MD 21502
* $ 376,899,000 1 $ 243,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 21,301,361,000 1 $ 115,000
Citizens Equity First Credit U
5401 W DIRKSEN PKWY
PEORIA, IL 61607
* $ 5,614,191,000 1 $ 317,000
Guidance Residential, LLC
11107 SUNSET HILLS ROAD, STES 100 & 200
RESTON, VA 20190
* $ -1,000 1 $ 131,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ -1,000 1 $ 166,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 1 $ 367,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 135,000
Acopia, LLC
306 NORTHCREEK BOULEVARD SUITE 100
GOODLETTSVILLE, TN 37072
* $ -1,000 1 $ 380,000
Langley Federal Credit Union
721 LAKEFRONT COMMONS, SUITE 102
NEWPORT NEWS, VA 23606
* $ 2,301,629,000 1 $ 82,000
Lima One Capital, LLC
201 E. MCBEE AVE, SUITE 300
GREENVILLE, SC 29601
* $ 101,629,820,000 1 $ 193,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 131,174,000 1 $ 154,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 1 $ 116,000
Tidewater Mortgage Services, Inc
200 GOLDEN OAK COURT STE. 100
VIRGINIA BEACH, VA 26452
* $ -1,000 1 $ 60,000
Ks Statebank
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 1,688,730,000 1 $ 224,000

The tables below break down 2017 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 2017

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 643 $139,857,000 $217,000 $15,300,000 $70,000 $695,000
Refinancing 339 $92,572,000 $273,000 $25,300,000 $67,000 $411,000
Home Improvement 54 $6,194,000 $114,000 $2,300,000 $70,000 $287,000

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 574 $96,909,000 $168,000 $748,000 $83,000 $695,000
Hispanic 173 $24,521,000 $141,000 $417,000 $48,000 $190,000
Not applicable 134 $92,785,000 $692,000 $25,300,000 $21,000 $311,000
Not Provided 75 $13,142,000 $175,000 $424,000 $90,000 $631,000
Black or African American 43 $5,757,000 $133,000 $423,000 $69,000 $218,000
Asian 33 $5,025,000 $152,000 $417,000 $75,000 $244,000
American Indian or Alaskan Native 2 $210,000 $105,000 $203,000 $70,000 $70,000
Native Hawaiian or Other Pacific Islander 2 $274,000 $137,000 $158,000 $106,000 $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) 814 $199,729,000 $245,000 $25,300,000 $76,000 $695,000
FHA-insured (Federal Housing Administration) 182 $29,801,000 $163,000 $282,000 $36,000 $151,000
VA-guaranteed (Veterans Administration) 40 $9,093,000 $227,000 $473,000 $68,000 $218,000
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 608 $145,677,000 $239,000 $15,300,000 $76,000 $695,000
Loan Purchased By The Institution 132 $22,892,000 $173,000 $593,000 $48,000 $315,000
Application Denied By Financial Institution 127 $17,275,000 $136,000 $454,000 $58,000 $631,000
Application Withdrawn By Applicant 101 $42,373,000 $419,000 $25,300,000 $72,000 $376,000
File Closed For Incompleteness 39 $5,797,000 $148,000 $328,000 $62,000 $190,000
Application Approved But Not Accepted 29 $4,609,000 $158,000 $295,000 $56,000 $169,000
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 34 $5,082,000 $149,000 $454,000 $54,000 $631,000
Credit History 26 $2,243,000 $86,000 $245,000 $42,000 $159,000
Collateral 13 $2,642,000 $203,000 $315,000 $101,000 $266,000
Unverifiable Information 11 $1,369,000 $124,000 $260,000 $40,000 $70,000
Other 9 $1,250,000 $138,000 $215,000 $77,000 $124,000
Credit Application Incomplete 8 $1,655,000 $206,000 $384,000 $84,000 $218,000
Employment History 1 $153,000 $153,000 $153,000 $40,000 $40,000
Insufficient Cash (Downpayment, Closing Cost) 1 $74,000 $74,000 $74,000 $163,000 $163,000
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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