Henry County, IN Mortgage Lenders & HMDA Data, 2014

In 2014, lenders reported 1,457 mortgage applications in Henry County, IN totaling $132.9 million, down 27% from 2013. The average application was for $91,000, and applicants reported an average income of $61,000. 52% of applications resulted in an originated loan and 22% were denied. The most active lender was Ameriana Bank, with 142 applications, followed by Mainsource Bank and Caliber Home Loans, Inc..

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Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in Indiana.
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 1,457
Total Mortgage Loan Application Amount $132,870,000
Average Mortgage Loan Application Amount $91,000
Highest Mortgage Loan Application Amount $1,692,000
Average Applicant Income $61,000
Highest Applicant Income $4,858,000

Mortgage Company List for Lending in Henry County, IN for 2014

* 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
Ameriana Bank
2118 BUNDY AVE
NEW CASTLE, IN 47362
* $ 455,057,000 142 $ 10,067,000
Mainsource Bank
2105 N STATE RD 3 BYPASS
GREENSBURG, IN 47240
* $ 2,847,543,000 120 $ 9,431,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 111 $ 11,080,000
Star Financial Bank
127 WEST BERRY ST
FORT WAYNE, IN 46802
* $ 1,664,812,000 101 $ 6,989,000
Citizens State Bank of New Castle
1238 BROAD ST, P.O. BOX C
NEW CASTLE, IN 47362
* $ 420,523,000 97 $ 7,846,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,373,600,000,000 71 $ 5,695,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,945,467,000,000 68 $ 7,022,000
First Merchants Bank, NA
200 E. JACKSON ST.
MUNCIE, IN 47305
* $ 5,417,382,000 63 $ 9,179,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 7,873,796,000 31 $ 1,417,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 30 $ 3,583,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 27 $ 2,241,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,433,716,000,000 24 $ 1,854,000
First Republic Mortgage
9120 OTIS AVE SUITE 201
INDIANAPOLIS, IN 46216
* $ 10,000,000 20 $ 1,825,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 18 $ 1,859,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 309,999,678,000 17 $ 1,245,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 16 $ 1,839,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 16 $ 1,492,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ 10,000,000 16 $ 2,099,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 360,478,278,000 15 $ 1,130,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 59,304,805,000 15 $ 900,000
Mutualbank
110 E CHARLES ST
MUNCIE, IN 47305
* $ 1,391,032,000 12 $ 1,244,000
Elements Financial Federal Cre
225 S EAST ST, SUITE 300
INDIANAPOLIS, IN 46202
* $ 1,033,856,000 11 $ 1,247,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,596,388,000 11 $ 795,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 10 $ 1,070,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 10 $ 844,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 127,428,329,000 9 $ 840,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 179,126,294,000 9 $ 533,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 9 $ 1,431,000
Wolfe Financial Inc
191 H NC HIGHWAY 42 NORTH
ASHEBORO, NC 27203
* $ 10,000,000 9 $ 872,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 9 $ 1,254,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 62,866,954,000 8 $ 827,000
Mycumortgage
3560 PENTAGON BLVD. SUITE 301
BEAVERCREEK, OH 45431
* $ 1,159,238,000 8 $ 681,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 7 $ 813,000
Forum Credit Union
P.O. BOX 50738
INDIANAPOLIS, IN 46250
* $ 931,388,000 7 $ 960,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,346,747,000,000 7 $ 514,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 7 $ 633,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ 10,000,000 7 $ 570,000
Woodforest National Bank
25231 GROGAN'S MILL ROAD
THE WOODLANDS, TX 77380
* $ 3,884,304,000 7 $ 438,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 91,286,152,000 6 $ 401,000
Union Savings Bank
8534 E KEMPER RD
CINCINNATI, OH 45249
* $ 2,459,127,000 6 $ 615,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 17,638,918,000 6 $ 495,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 6 $ 526,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 6 $ 461,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 6 $ 637,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 5 $ 522,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 5 $ 584,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 5 $ 312,000
Ball State Federal Credit Union
2900 N OAKWOOD AVE
MUNCIE, IN 47304
* $ 90,300,000 5 $ 436,000
CU Channels
1551 WIN HENTSCHEL BLVD., PO BOX 2433
WEST LAFAYETTE, IN 47906
* $ 505,929,000 5 $ 295,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 943,388,000 5 $ 669,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 5 $ 778,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 4 $ 582,000
First Bank Richmond, NA
P.O. BOX 937
RICHMOND, IN 47375
* $ 522,321,000 4 $ 394,000
Amwest Funding Corp
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ 10,000,000 4 $ 411,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 116,608,550,000 4 $ 217,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 90,439,767,000 4 $ 371,000
Somerville National Bank, the
197 NORTH SOUTH MAIN STREET
SOMERVILLE, OH 45064
* $ 171,070,000 4 $ 323,000
Madison County Federal Credit
621 E. 8TH ST.
ANDERSON, IN 46012
* $ 68,506,000 4 $ 325,000
Thrive
4501 S DELAWARE DRIVE
MUNCIE, IN 47302
* $ 47,074,000 4 $ 228,000
Discover Home Loans, Inc
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 79,339,664,000 4 $ 701,000
Neighborhood Mortgage Solutions, LLC
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 4 $ 347,000
Ditech Mortgage Corp
1100 VIRGINIA DRIVE, SUITE 100
FT. WASHINGTON, PA 19034
* $ 5,720,000 3 $ 367,000
Hallmark Home Mortgage, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ 2,915,000 3 $ 298,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 3 $ 313,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 127,428,329,000 3 $ 315,000
Wright Patt Credit Union Inc
3560 PENTAGON BLVD.
BEAVERCREEK, OH 45431
* $ 2,728,692,000 3 $ 162,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,361,206,000 3 $ 378,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 3 $ 230,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 3 $ 463,000
American Mortgage Service Company
11503 SPRINGFIELD PIKE
CINCINNATI, OH 45246
* $ 10,000,000 3 $ 354,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 168,648,000 3 $ 602,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ 32,120,000 3 $ 1,019,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 55,502,976,000 3 $ 378,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 3 $ 285,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 3 $ 248,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 617,585,000 3 $ 217,000
Greenfield Banking Company
1920 NORTH STATE STREET
GREENFIELD, IN 46140
* $ 446,067,000 3 $ 443,000
First Option Mortgage, LLC
1100 CIRCLE 75 PARKWAY SOUTH EAST SUITE 300
ATLANTA, GA 30339
* $ 941,000 3 $ 204,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ 10,000,000 3 $ 420,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 3 $ 532,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 3 $ 224,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 2 $ 173,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 2 $ 161,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 2 $ 270,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 986,791,000 2 $ 218,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 2 $ 201,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 2 $ 375,000
Indiana Members Credit Union
4790 E. 96TH STREET, SUITE 120
INDIANAPOLIS, IN 46240
* $ 1,419,533,000 2 $ 80,000
First Bank of Berne
222 HERTIGIAGE TR
BERNE, IN 46711
* $ 547,340,000 2 $ 118,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 238,482,903,000 2 $ 239,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ 10,000,000 2 $ 314,000
HSBC Bank USA, NA

CHICAGO, IL 60606
* $ 179,771,772,000 2 $ 211,000
Everwise Credit Union
110 S MAIN ST
SOUTH BEND, IN 46601
* $ 2,383,230,000 2 $ 172,000
Inlanta Mortgage, Inc.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ 39,000,000 2 $ 185,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 171,261,678,000 2 $ 39,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 2 $ 231,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ 10,000,000 2 $ 196,000
Perl Mortgage, Inc.
2936 WEST BELMONT AVE
CHICAGO, IL 60618
* $ 11,000,000 1 $ 79,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ 4,464,000 1 $ 135,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 65,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 1 $ 63,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 15,766,346,000 1 $ 20,000
First Financial Bank NA
255 EAST FIFTH STREET SUITE #900
CINCINNATI, OH 45202
* $ 6,410,604,000 1 $ 403,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 1 $ 239,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 1 $ 75,000
Huron Valley Financial, Inc.
2395 OAK VALLEY DRIVE, SUITE 200
ANN ARBOR, MI 48103
* $ 10,000,000 1 $ 107,000
Origin Bank

HOUSTON, TX 77024
* $ 3,199,260,000 1 $ 56,000
Primetrust Financial Federal C
3700 W BETHEL AVE
MUNCIE, IN 47304
* $ 144,272,000 1 $ 45,000
The Fountain Trust Company
615 THIRD ST.
COVINGTON, IN 47932
* $ 278,520,000 1 $ 17,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 3,910,000,000 1 $ 4,000
Genfed Financial Credit Union
2492 WEDGEWOOD DR SUITE G
AKRON, OH 44312
* $ 197,217,000 1 $ 64,000
West Town Bank & Trust
7820 W 26TH STREET
NORTH RIVERSIDE, IL 60546
* $ 150,121,000 1 $ 148,000
1st Signature Lending, LLC
9800 CROSSPOINT BLVD.
INDIANAPOLIS, IN 46256
* $ 1,028,000 1 $ 103,000
Success Mortgage Partners, Inc
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ 1,912,000 1 $ 83,000
Ranlife, Inc.
9272 S. 700 E.
SANDY, UT 84070
* $ 3,304,000 1 $ 81,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 84,362,333,000 1 $ 83,000
Cole Taylor Bank
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 5,662,890,000 1 $ 143,000
Honda Federal Credit Union

MARYSVILLE, OH 43040
* $ 637,766,000 1 $ 30,000
Nationwide Bank
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 5,573,160,000 1 $ 124,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 800,870,000 1 $ 192,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 577,338,000 1 $ 25,000
Reverse Mortgage Solutions Inc
14405 WALTERS RD SUITE 200
HOUSTON, TX 77014
* $ 10,978,000 1 $ 90,000
Gateway Funding Dms, LP
300 WELSH ROAD, BUILDING 5
HORSHAM, PA 19044
* $ 10,000,000 1 $ 60,000
Financial Center First CU
7101 E 56TH STREET
INDIANAPOLIS, IN 46226
* $ 496,218,000 1 $ 37,000
Harvester Financial Credit Union
7020 BROOKVILLE ROAD
INDIANAPOLIS, IN 46239
* $ 53,265,000 1 $ 70,000
Platinum Home Mortgage Corporation
2200 HICKS RD, STE 101
SPRINGFIELD, IL 60008
* $ 10,000,000 1 $ 98,000
First Federal Bank of Kansas City
6900 EXECUTIVE DR
KANSAS CITY, MO 64120
* $ 340,728,000 1 $ 229,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,161,463,000 1 $ 140,000
The Farmers State Bank
101 S. MAIN ST. PO BOX 119
NEW MADISON, OH 45346
* $ 132,825,000 1 $ 44,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 1 $ 84,000
University Lending Group, LLC
42452 HAYES, STE I
CLLINTON TOWNSHIP, MI 48038
* $ 133,851,000 1 $ 89,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ 1,603,436,000 1 $ 149,000
Citizens State Bank
13840 W. NEWBERRY RD
NEWBERRY, FL 32669
* $ 191,437,000 1 $ 5,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 1 $ 114,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ 10,000,000 1 $ 60,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 132,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 118,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 1 $ 94,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 1 $ 26,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ 10,000,000 1 $ 135,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ 5,889,539,000 1 $ 124,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 56,000

The tables below break down 2014 mortgage applications in Henry County, IN by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Henry County, IN in 2014

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 685 $68,546,000 $100,000 $1,692,000 $59,000 $1,404,000
Home Purchase 643 $59,838,000 $93,000 $831,000 $60,000 $4,858,000
Home Improvement 129 $4,486,000 $34,000 $189,000 $73,000 $438,000

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 1,214 $110,155,000 $90,000 $1,692,000 $63,000 $1,913,000
Not applicable 133 $12,787,000 $96,000 $831,000 $42,000 $4,858,000
Not Provided 77 $7,082,000 $91,000 $370,000 $58,000 $430,000
Black or African American 10 $617,000 $61,000 $135,000 $56,000 $167,000
Hispanic 8 $571,000 $71,000 $342,000 $62,000 $102,000
American Indian or Alaskan Native 8 $877,000 $109,000 $223,000 $61,000 $99,000
Asian 5 $587,000 $117,000 $184,000 $39,000 $58,000
Native Hawaiian or Other Pacific Islander 2 $194,000 $97,000 $115,000 $44,000 $45,000

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) 911 $81,214,000 $89,000 $1,692,000 $75,000 $4,858,000
FHA-insured (Federal Housing Administration) 286 $26,693,000 $93,000 $263,000 $39,000 $780,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 164 $13,854,000 $84,000 $201,000 $30,000 $70,000
VA-guaranteed (Veterans Administration) 96 $11,109,000 $115,000 $289,000 $45,000 $161,000

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 751 $71,971,000 $95,000 $1,692,000 $75,000 $4,858,000
Application Denied By Financial Institution 321 $24,128,000 $75,000 $400,000 $53,000 $1,404,000
Loan Purchased By The Institution 178 $16,037,000 $90,000 $249,000 $18,000 $141,000
Application Withdrawn By Applicant 101 $9,861,000 $97,000 $302,000 $58,000 $438,000
Application Approved But Not Accepted 79 $8,097,000 $102,000 $385,000 $60,000 $169,000
File Closed For Incompleteness 27 $2,776,000 $102,000 $325,000 $52,000 $106,000
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 84 $4,938,000 $58,000 $229,000 $43,000 $165,000
Collateral 57 $4,590,000 $80,000 $261,000 $83,000 $1,404,000
Debt-To-Income Ratio 30 $2,221,000 $74,000 $240,000 $34,000 $102,000
Other 23 $1,108,000 $48,000 $235,000 $49,000 $110,000
Credit Application Incomplete 22 $2,107,000 $95,000 $234,000 $51,000 $114,000
Unverifiable Information 3 $265,000 $88,000 $107,000 $46,000 $49,000
Employment History 3 $244,000 $81,000 $128,000 $32,000 $35,000
Insufficient Cash (Downpayment, Closing Cost) 3 $140,000 $46,000 $68,000 $48,000 $76,000
Mortgage Insurance Denied 1 $185,000 $185,000 $185,000 $117,000 $117,000

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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