Huerfano County, CO Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 251 mortgage applications in Huerfano County, CO totaling $38.0 million, down 11% from 2010. The average application was for $151,000, and applicants reported an average income of $86,000. 41% of applications resulted in an originated loan and 26% were denied. The most active lender was Wells Fargo Bank NA, with 21 applications, followed by Bank of America NA and JPMorgan Chase Bank, NA.

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Total Number of Mortgage Applications 251
Total Mortgage Loan Application Amount $37,995,000
Average Mortgage Loan Application Amount $151,000
Highest Mortgage Loan Application Amount $875,000
Average Applicant Income $86,000
Highest Applicant Income $677,000
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Top Mortgage Lenders in Huerfano County, CO (2011)

Ranked by the number of mortgage applications each lender reported in Huerfano County, CO in 2011.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Wells Fargo Bank NA
Minneapolis, MN
21 $3,371,000 $160,000 $68,000
2 Bank of America NA
Westlake Village, CA
19 $2,269,000 $119,000 $67,000
3 JPMorgan Chase Bank, NA
Columbus, OH
13 $1,696,000 $130,000 $75,000
4 Ally Bank
Charlotte, NC
12 $1,344,000 $112,000 $57,000
5 US Bk NA Nd
Fargo, ND
11 $936,000 $85,000 $46,000
6 Citimortgage, Inc.
Long Island City, NY
9 $1,267,000 $140,000 $99,000
7 US Bank, N.A.
Cincinnati, OH
9 $1,862,000 $206,000 $122,000
8 loanDepot.com LLC
Irvine, CA
7 $1,451,000 $207,000 $59,000
9 Vanderbilt Mortgage and Finance, Inc
Maryville, TN
6 $727,000 $121,000 $49,000
10 USAA Federal Savings Bank
San Antonio, TX
6 $1,168,000 $194,000 $64,000

See every lender active in Huerfano County, CO in 2011 »

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

Mortgage Loan Application Detail Totals for Huerfano County, CO 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 175 $27,383,000 $156,000 $875,000 $82,000 $677,000
Home Purchase 68 $10,376,000 $152,000 $417,000 $101,000 $492,000
Home Improvement 8 $236,000 $29,000 $87,000 $35,000 $84,000

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 162 $27,105,000 $167,000 $875,000 $101,000 $677,000
Not Provided 34 $4,202,000 $123,000 $417,000 $72,000 $481,000
Hispanic 28 $2,550,000 $91,000 $196,000 $56,000 $313,000
Not applicable 27 $4,138,000 $153,000 $370,000 $43,000 $147,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
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

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) 186 $29,182,000 $156,000 $875,000 $101,000 $677,000
FHA-insured (Federal Housing Administration) 50 $6,606,000 $132,000 $286,000 $38,000 $146,000
VA-guaranteed (Veterans Administration) 15 $2,207,000 $147,000 $454,000 $52,000 $220,000
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 102 $16,124,000 $158,000 $875,000 $106,000 $677,000
Application Denied By Financial Institution 66 $9,118,000 $138,000 $417,000 $80,000 $470,000
Loan Purchased By The Institution 34 $5,300,000 $155,000 $370,000 $51,000 $147,000
Application Withdrawn By Applicant 26 $4,056,000 $156,000 $417,000 $80,000 $492,000
File Closed For Incompleteness 12 $1,802,000 $150,000 $286,000 $54,000 $120,000
Application Approved But Not Accepted 11 $1,595,000 $145,000 $417,000 $92,000 $192,000
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
Collateral 19 $2,496,000 $131,000 $269,000 $108,000 $313,000
Debt-To-Income Ratio 11 $1,972,000 $179,000 $417,000 $64,000 $146,000
Credit History 10 $1,379,000 $137,000 $249,000 $75,000 $170,000
Credit Application Incomplete 7 $1,326,000 $189,000 $360,000 $133,000 $470,000
Other 5 $293,000 $58,000 $100,000 $46,000 $65,000
Unverifiable Information 5 $789,000 $157,000 $239,000 $62,000 $146,000
Employment History 1 $50,000 $50,000 $50,000 $22,000 $22,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
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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