Huntington County, IN Mortgage Lenders & HMDA Data, 2015

In 2015, lenders reported 1,373 mortgage applications in Huntington County, IN totaling $144.3 million, up 25% from 2014. The average application was for $105,000, and applicants reported an average income of $54,000. 54% of applications resulted in an originated loan and 19% were denied. The most active lender was First Federal Savings Bank, with 206 applications, followed by Wells Fargo Bank NA and Ruoff Mortgage Company.

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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 1,373
Total Mortgage Loan Application Amount $144,344,000
Average Mortgage Loan Application Amount $105,000
Highest Mortgage Loan Application Amount $1,700,000
Average Applicant Income $54,000
Highest Applicant Income $1,577,000

Mortgage Company List for Lending in Huntington County, IN for 2015

* 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
First Federal Savings Bank
648 NORTH JEFFERSON STREET
HUNTINGTON, IN 46750
* $ 276,087,000 206 $ 23,893,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,532,784,000,000 139 $ 13,267,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ 10,000,000 80 $ 9,367,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 335,060,015,000 68 $ 4,231,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,074,981,000,000 60 $ 5,829,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ 10,000,000 51 $ 4,610,000
Midwest America Federal Credit Union
1104 MEDICAL PARK DR
FORT WAYNE, IN 46825
* $ 497,029,000 39 $ 3,370,000
Everwise Credit Union
110 S MAIN ST
SOUTH BEND, IN 46601
* $ 2,650,461,000 35 $ 3,181,000
Flagstar Bank
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 9,779,461,000 32 $ 3,533,000
First Mrchs Bk
200 E JACKSON ST
MUNCIE, IN 47305
* $ 958,584,000 31 $ 4,196,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 27 $ 2,776,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 26 $ 3,024,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 23 $ 2,248,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 23 $ 2,346,000
1st Source Bank
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46601
* $ 4,815,555,000 21 $ 1,053,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 21 $ 2,863,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 136,279,317,000 19 $ 1,924,000
Union Savings Bank
8534 E KEMPER RD
CINCINNATI, OH 45249
* $ 2,446,095,000 16 $ 2,313,000
Hallmark Home Mortgage, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ 2,915,000 16 $ 2,047,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ 10,000,000 15 $ 4,686,000
Mutualbank
110 E CHARLES ST
MUNCIE, IN 47305
* $ 1,423,381,000 14 $ 1,402,000
Profed Federal Credit Union
1710 ST. JOE RIVER DR.
FORT WAYNE, IN 46805
* $ 367,940,000 12 $ 611,000
American Mortgage Service Company
11503 SPRINGFIELD PIKE
CINCINNATI, OH 45246
* $ 10,000,000 11 $ 1,153,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 10 $ 868,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 10 $ 1,208,000
First Republic Mortgage
9120 OTIS AVE SUITE 201
INDIANAPOLIS, IN 46216
* $ 10,000,000 10 $ 843,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 10 $ 727,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 9 $ 742,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,781,238,000 9 $ 594,000
Star Financial Bank
127 WEST BERRY ST
FORT WAYNE, IN 46802
* $ 1,749,201,000 9 $ 845,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 9 $ 1,417,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 8 $ 940,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 8 $ 890,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 8 $ 1,016,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 8 $ 544,000
Three Rivers Federal Crediit U
1615 NORTHLAND BLVD
FORT WAYNE, IN 46825
* $ 747,510,000 8 $ 1,286,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ 10,000,000 7 $ 735,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 7 $ 684,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 7 $ 527,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,574,093,000,000 6 $ 407,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 21,610,491,000 6 $ 482,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 182,489,046,000 6 $ 455,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 398,978,359,000 6 $ 566,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 185,888,583,000 5 $ 115,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,356,442,000,000 5 $ 398,000
First Merchants Bank, NA
200 E. JACKSON ST.
MUNCIE, IN 47305
* $ 5,801,944,000 5 $ 553,000
First Farmers Bank & Trust
123 N. JEFFERSON STREET
CONVERSE, IN 46919
* $ 1,334,488,000 5 $ 620,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 5 $ 711,000
Gvc Mortgage, Inc.
ONE PLAZA DRIVE, SUITE 3
SUITE 200, IN 46064
* $ 10,000,000 4 $ 347,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 4 $ 737,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 447,877,000 4 $ 558,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 4 $ 428,000
Partners 1st Federal Credit Union
1330 DIRECTORS ROW
FORT WAYNE, IN 46808
* $ 258,046,000 4 $ 243,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 4 $ 566,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 4 $ 386,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 66,111,039,000 4 $ 286,000
Crossroads Bank
1205 N CASS ST PO BOX 259
WABASH, IN 46992
* $ 343,261,000 4 $ 240,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 255,011,219,000 3 $ 224,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 136,279,317,000 3 $ 192,000
Performance Equity Partners, Inc.
PO BOX 368
TINLEY PARK, IL 60477
* $ 10,231,000 3 $ 27,000
Go Mortgage, LLC

COLUMBUS, OH 43219
* $ 10,000,000 3 $ 278,000
Fire Police City County Federa
3306 N. CLINTON STREET
FORT WAYNE, IN 46805
* $ 106,270,000 3 $ 219,000
Alliance Financial Resources
5410 EAST HIGH STREET SUITE 200
PHOENIX, AZ 85054
* $ 10,000,000 3 $ 269,000
American Equity Mortgage, Inc.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 3 $ 296,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 3 $ 229,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 3 $ 379,000
Fort Financial Credit Union
3102 SPRING ST
FORT WAYNE, IN 46818
* $ 196,050,000 3 $ 265,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ 826,484,000 3 $ 395,000
Lake City Bank
P.O. BOX 1387
WARSAW, IN 46581
* $ 3,427,475,000 2 $ 194,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 2 $ 265,000
First Bank of Berne
222 HERTIGIAGE TR
BERNE, IN 46711
* $ 549,138,000 2 $ 90,000
Garrett State Bank
120 WEST KING STREET, P.O. BOX 29
GARRETT, IN 46738
* $ 207,591,000 2 $ 212,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ 10,000,000 2 $ 209,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 2 $ 196,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ 35,475,880,000 2 $ 177,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 2 $ 177,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 2 $ 377,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 2 $ 153,000
Interra Credit Union
300 W LINCOLN AVE
GOSHEN, IN 46527
* $ 720,037,000 2 $ 256,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 2 $ 260,000
Ossian State Bank
102 N JEFFERSON ST
OSSIAN, IN 46777
* $ 97,053,000 2 $ 267,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 2 $ 195,000
Discover Home Loans, Inc
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 83,125,845,000 2 $ 410,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 185,888,583,000 2 $ 104,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 63,635,411,000 2 $ 210,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 67,301,894,000 2 $ 196,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 7,873,796,000 2 $ 702,000
Ranlife, Inc.
9272 S. 700 E.
SANDY, UT 84070
* $ 3,304,000 2 $ 355,000
Public Service CU
4025 W JEFFERSON BLVD
FORT WAYNE, IN 46804
* $ 51,773,000 2 $ 173,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,685,931,000 2 $ 249,000
Wright Patt Credit Union Inc
3560 PENTAGON BLVD.
BEAVERCREEK, OH 45431
* $ 2,989,777,000 1 $ 157,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 1 $ 164,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 95,920,564,000 1 $ 137,000
Woodforest National Bank
25231 GROGAN'S MILL ROAD
THE WOODLANDS, TX 77380
* $ 4,519,923,000 1 $ 69,000
Landmark National Bank
701 POYNTZ AVE
MANHATTAN, KS 66502
* $ 861,430,000 1 $ 126,000
Mb Financial Bank, National Association
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 9,910,776,000 1 $ 103,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 12,036,491,000 1 $ 112,000
Residential Acceptance Corporation
5027 W LAUREL ST
TAMPA, FL 33607
* $ 10,000,000 1 $ 68,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 270,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 233,000
American Midwest Bank
1985 DEKALB AVE
SYCAMORE, IL 60178
* $ 478,740,000 1 $ 119,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 157,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ 4,993,000 1 $ 94,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 1 $ 63,000
Horizon Bank, N.A.
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 2,079,078,000 1 $ 130,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ 4,464,000 1 $ 100,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 1 $ 124,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 1 $ 88,000
Liberty Savings Bank, FSB
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 607,236,000 1 $ 112,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 395,549,000 1 $ 166,000
Nationwide Bank
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 6,265,793,000 1 $ 60,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 214,371,000 1 $ 20,000
Benchmark Bank
461 BEECHER ROAD
GAHANNA, OH 43230
* $ 124,628,000 1 $ 226,000
Mainsource Bank
2105 N STATE RD 3 BYPASS
GREENSBURG, IN 47240
* $ 3,124,382,000 1 $ 63,000
Success Mortgage Partners, Inc
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ 1,912,000 1 $ 124,000
First Financial Bank NA
255 EAST FIFTH STREET SUITE #900
CINCINNATI, OH 45202
* $ 7,197,993,000 1 $ 179,000
Purdue Federal CU
1551 WIN HENTSCHEL BLVD., PO BOX 2433
WEST LAFAYETTE, IN 47906
* $ 848,339,000 1 $ 45,000
Encompass Federal Credit Union
201 N MAIN ST
TIPTON, IN 46072
* $ 162,542,000 1 $ 212,000
Cnb Bank & Trust, N.A.
450 W SIDE SQ
CARLINVILLE, IL 62626
* $ 788,764,000 1 $ 620,000
Gateway Mortgage Group, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 10,000,000 1 $ 45,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 1 $ 136,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 1 $ 74,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 9,314,575,000 1 $ 5,000
First Federal Savings Bank
P.O. BOX 527
ROCHESTER, IN 46975
* $ 357,367,000 1 $ 74,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 2,727,490,000 1 $ 99,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 2,424,729,000 1 $ 172,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 1 $ 187,000
National Asset Mortgage, LLC
4350 ST. ANDREWS RD.; SUITE F
COLUMBIA, SC 29210
* $ 3,392,190,000 1 $ 37,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ 9,774,230,000 1 $ 36,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ 52,388,000 1 $ 99,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ 100,000,000 1 $ 136,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 1 $ 94,000
Ag Credit, Aca
610 W. LYTLE ST.
FOSTORIA, OH 44830
* $ 10,000,000 1 $ 140,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 1 $ 216,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ 101,315,000 1 $ 129,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 100,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 1 $ 270,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 1 $ 111,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 161,483,000 1 $ 158,000
Bbmc Mortgage, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 1 $ 182,000
Guaranty Trust Company
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 225,000,000 1 $ 90,000
United Federal Credit Union
2807 SOUTH STATE ST
ST. JOSEPH, MI 49085
* $ 1,834,761,000 1 $ 77,000
Kemba Credit Union
8763 UNION CENTRE BLVD
WEST CHESTER, OH 45069
* $ 672,024,000 1 $ 12,000

The tables below break down 2015 mortgage applications in Huntington 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 Huntington County, IN in 2015

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 631 $69,708,000 $110,000 $1,700,000 $54,000 $1,577,000
Refinancing 597 $67,237,000 $112,000 $905,000 $52,000 $672,000
Home Improvement 145 $7,399,000 $51,000 $351,000 $64,000 $505,000

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 1,125 $115,635,000 $102,000 $905,000 $56,000 $1,036,000
Not applicable 151 $16,472,000 $109,000 $620,000 $6,000 $505,000
Not Provided 73 $9,931,000 $136,000 $1,700,000 $118,000 $1,577,000
Hispanic 12 $1,182,000 $98,000 $179,000 $53,000 $139,000
American Indian or Alaskan Native 4 $443,000 $110,000 $175,000 $79,000 $144,000
Asian 3 $319,000 $106,000 $127,000 $100,000 $193,000
Native Hawaiian or Other Pacific Islander 3 $239,000 $79,000 $199,000 $53,000 $60,000
Black or African American 2 $123,000 $61,000 $103,000 $72,000 $73,000

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) 787 $83,322,000 $105,000 $1,700,000 $69,000 $1,577,000
FHA-insured (Federal Housing Administration) 298 $31,238,000 $104,000 $275,000 $35,000 $236,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 175 $15,775,000 $90,000 $231,000 $26,000 $89,000
VA-guaranteed (Veterans Administration) 113 $14,009,000 $123,000 $389,000 $49,000 $672,000

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 742 $84,672,000 $114,000 $1,700,000 $66,000 $1,577,000
Application Denied By Financial Institution 255 $20,951,000 $82,000 $375,000 $51,000 $672,000
Loan Purchased By The Institution 202 $20,335,000 $100,000 $388,000 $14,000 $113,000
Application Withdrawn By Applicant 103 $10,951,000 $106,000 $390,000 $56,000 $404,000
Application Approved But Not Accepted 40 $3,557,000 $88,000 $290,000 $57,000 $153,000
File Closed For Incompleteness 31 $3,878,000 $125,000 $350,000 $45,000 $210,000
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 83 $4,823,000 $58,000 $182,000 $50,000 $134,000
Collateral 39 $4,192,000 $107,000 $252,000 $62,000 $147,000
Debt-To-Income Ratio 22 $2,150,000 $97,000 $375,000 $38,000 $104,000
Other 19 $1,382,000 $72,000 $167,000 $43,000 $109,000
Credit Application Incomplete 15 $1,599,000 $106,000 $221,000 $43,000 $134,000
Insufficient Cash (Downpayment, Closing Cost) 5 $317,000 $63,000 $110,000 $37,000 $108,000
Mortgage Insurance Denied 2 $110,000 $55,000 $83,000 $30,000 $36,000
Unverifiable Information 2 $274,000 $137,000 $198,000 $104,000 $113,000
Employment History 2 $136,000 $68,000 $69,000 $48,000 $77,000

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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