Hayes County, NE Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 8 mortgage applications in Hayes County, NE totaling $416,000, down 11% from 2010. The average application was for $52,000, and applicants reported an average income of $108,000. 62% of applications resulted in an originated loan and 25% were denied. The most active lender was Amfirst Bank, with 3 applications, followed by Central National Bank and Citimortgage, Inc..

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Total Number of Mortgage Applications 8
Total Mortgage Loan Application Amount $416,000
Average Mortgage Loan Application Amount $52,000
Highest Mortgage Loan Application Amount $113,000
Average Applicant Income $108,000
Highest Applicant Income $452,000

Mortgage Company List for Lending in Hayes County, NE for 2011

* 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
Amfirst Bank
PO BOX 1447
MCCOOK, NE 69001
* $ 252,447,000 3 $ 128,000
Central National Bank
100 RIMROCK DRIVE
JUNCTION CITY, KS 66441
* $ 837,325,000 2 $ 107,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 1 $ 113,000
Equitable Bank
PO BOX 160
GRAND ISLAND, NE 68802
* $ 185,788,000 1 $ 53,000
Pinnacle Bank
20544 HWY 370
LINCOLN, NE 68508
* $ 2,951,720,000 1 $ 15,000

The tables below break down 2011 mortgage applications in Hayes 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 Hayes 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 4 $260,000 $65,000 $113,000 $158,000 $452,000
Home Purchase 3 $153,000 $51,000 $69,000 $70,000 $83,000
Home Improvement 1 $3,000 $3,000 $3,000 $24,000 $24,000

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 8 $416,000 $52,000 $113,000 $108,000 $452,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Not Provided 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) 8 $416,000 $52,000 $113,000 $108,000 $452,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 5 $294,000 $58,000 $113,000 $125,000 $452,000
Application Denied By Financial Institution 2 $53,000 $26,000 $38,000 $79,000 $111,000
Loan Purchased By The Institution 1 $69,000 $69,000 $69,000 $82,000 $82,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 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
Collateral 1 $38,000 $38,000 $38,000 $111,000 $111,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 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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