Hughes County, SD Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 767 mortgage applications in Hughes County, SD totaling $110.1 million, down 19% from 2010. The average application was for $143,000, and applicants reported an average income of $75,000. 59% of applications resulted in an originated loan and 13% were denied. The most active lender was Wells Fargo Bank NA, with 154 applications, followed by Home Federal Bank and Bankwest, Inc..

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Total Number of Mortgage Applications 767
Total Mortgage Loan Application Amount $110,144,000
Average Mortgage Loan Application Amount $143,000
Highest Mortgage Loan Application Amount $422,000
Average Applicant Income $75,000
Highest Applicant Income $623,000

Mortgage Company List for Lending in Hughes County, SD 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
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,104,833,000,000 154 $ 18,421,000
Home Federal Bank
P.O. BOX 5000
SIOUX FALLS, SD 57117
* $ 1,223,973,000 111 $ 16,917,000
Bankwest, Inc.
420 S. PIERRE STREET, PO BOX 998
PIERRE, SD 57501
* $ 743,483,000 99 $ 11,501,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 69 $ 10,432,000
First National Bank
125 WEST SIOUX AVE
PIERRE, SD 57501
* $ 653,027,000 47 $ 8,201,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 36 $ 4,442,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 28 $ 4,081,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 26 $ 4,437,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 20 $ 3,542,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 18 $ 3,149,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 16 $ 2,891,000
US Bk NA Nd
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,955,059,000 14 $ 820,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 162,509,568,000 11 $ 1,875,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 11 $ 2,718,000
CU Mortgage Direct, LLC
5010 S. SOLBERG AVENUE
SIOUX FALLS, SD 57108
* $ 48,476,000 9 $ 1,415,000
First Bank & Trust
520 6TH STREET
BROOKINGS, SD 57006
* $ 808,857,000 8 $ 836,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 48,783,813,000 8 $ 1,285,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 6 $ 748,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 400,984,000 6 $ 1,232,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 5 $ 947,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 555,205,000 4 $ 775,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,216,291,000,000 3 $ 424,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 3 $ 159,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 3 $ 805,000
Premier Home Mortgage, Inc.
3024 TOWER RD
RAPID CITY, SD 57701
* $ 20,569,000 3 $ 663,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 3 $ 437,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 2,001,416,000 3 $ 154,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 2 $ 441,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 2 $ 255,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 2 $ 490,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 2 $ 302,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 15,104,501,000 2 $ 155,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 278,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ 101,315,000 1 $ 50,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 1 $ 54,000
Cortrust Mortgage, Inc.
2101 S MINNESOTA AVENUE
SIOUX FALLS, SD 57105
* $ 10,000,000 1 $ 120,000
Dacotah Bank
308 S MAIN STREET, PO BOX 1210
ABERDEEN, SD 57401
* $ 1,801,691,000 1 $ 94,000
First Premier Bank
400 S SYCAMORE AVE, SUITE 101
SIOUX FALLS, SD 57104
* $ 1,114,878,000 1 $ 51,000
First Interstate Bank
PO BOX 30918
BILLINGS, MT 59116
* $ 7,473,004,000 1 $ 155,000
M&I Bank FSB
W57N14280 DOERR WAY
CEDARBURG, WI 53012
* $ 1,311,970,000 1 $ 260,000
Farmers Bank and Trust NA
1017 HARRISON
GREAT BEND, KS 67530
* $ 665,875,000 1 $ 144,000
National Bank of Kansas City
10700 NALL AVENUE
OVERLAND PARK, KS 66211
* $ 652,138,000 1 $ 259,000
Black Hills Community Bank, NA
840 MT. RUSHMORE RD.
RAPID CITY, SD 57701
* $ 95,118,000 1 $ 117,000
Citifinancial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 1 $ 16,000
Cit Bank, National Association
75 N. FAIR OAKS AVE.
PASADENA, CA 91103
* $ 26,432,928,000 1 $ 83,000
Merrill Lynch Credit Corp
30930 RUSSELL RANCH RD CA6-916-01-14
WESTLAKE VILLAGE, CA 91362
* $ 2,223,299,000 1 $ 390,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,796,328,000 1 $ 136,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 12,522,585,000 1 $ 154,000
Ing Bank, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 91,413,704,000 1 $ 144,000
Highmark Federal Credit Union
725 5TH STREET
RAPID CITY, SD 57701
* $ 76,033,000 1 $ 110,000
Black Hills Federal Credit Union
PO BOX 1420-225 MAIN ST
RAPID CITY, SD 57702
* $ 877,408,000 1 $ 112,000
Railway Credit Union
1006 E MAIN STREET
MANDAN, ND 58554
* $ 54,629,000 1 $ 94,000
Union Bank and Trust Company
PO BOX 82535
LINCOLN, NE 68501
* $ 2,451,138,000 1 $ 26,000
Great Western Bank
35 1ST AVE NE
WATERTOWN, SD 57201
* $ 8,257,808,000 1 $ 270,000
Pioneer Bank & Trust
125 E COLORADO BLVD STE 1A
SPEARFISH, SD 57783
* $ 418,583,000 1 $ 120,000
Quoin Financial Bank
PO BOX 199
MILLER, SD 57362
* $ 126,429,000 1 $ 116,000
First Bank & Trust
110 N. MINNESOTA AVE
SIOUX FALLS, SD 57104
* $ 393,705,000 1 $ 302,000
First Choice Loan Services Inc.
ONE TOWER CENTER, FLOOR #18
EAST BRUNSWICK, NJ 08816
* $ 669,000,000 1 $ 230,000

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

Mortgage Loan Application Detail Totals for Hughes County, SD 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 433 $62,934,000 $145,000 $390,000 $80,000 $537,000
Home Purchase 292 $43,308,000 $148,000 $422,000 $69,000 $623,000
Home Improvement 42 $3,902,000 $92,000 $250,000 $75,000 $260,000

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 647 $90,609,000 $140,000 $390,000 $80,000 $623,000
Not applicable 70 $13,220,000 $188,000 $422,000 $35,000 $195,000
Not Provided 30 $4,015,000 $133,000 $280,000 $65,000 $225,000
American Indian or Alaskan Native 9 $914,000 $101,000 $227,000 $59,000 $119,000
Hispanic 6 $705,000 $117,000 $275,000 $51,000 $120,000
Asian 3 $431,000 $143,000 $233,000 $67,000 $124,000
Native Hawaiian or Other Pacific Islander 2 $250,000 $125,000 $160,000 $151,000 $218,000
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) 577 $81,497,000 $141,000 $422,000 $82,000 $623,000
FHA-insured (Federal Housing Administration) 85 $12,465,000 $146,000 $260,000 $55,000 $157,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 73 $10,619,000 $145,000 $269,000 $52,000 $81,000
VA-guaranteed (Veterans Administration) 32 $5,563,000 $173,000 $290,000 $51,000 $104,000

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 451 $61,790,000 $137,000 $422,000 $85,000 $623,000
Loan Purchased By The Institution 117 $21,103,000 $180,000 $390,000 $51,000 $476,000
Application Denied By Financial Institution 102 $12,452,000 $122,000 $336,000 $61,000 $245,000
Application Withdrawn By Applicant 61 $10,091,000 $165,000 $353,000 $64,000 $218,000
Application Approved But Not Accepted 26 $3,427,000 $131,000 $368,000 $98,000 $537,000
File Closed For Incompleteness 10 $1,281,000 $128,000 $244,000 $83,000 $225,000
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 18 $1,977,000 $109,000 $225,000 $68,000 $168,000
Debt-To-Income Ratio 18 $2,592,000 $144,000 $336,000 $56,000 $137,000
Collateral 17 $2,207,000 $129,000 $280,000 $70,000 $165,000
Credit Application Incomplete 8 $1,040,000 $130,000 $225,000 $52,000 $137,000
Other 7 $786,000 $112,000 $250,000 $71,000 $245,000
Unverifiable Information 1 $125,000 $125,000 $125,000 $37,000 $37,000
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

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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