Iberia Parish, LA Mortgage Lenders & HMDA Data, 2023

In 2023, lenders reported 1,602 mortgage applications in Iberia Parish, LA totaling $231.6 million, down 20% from 2022. The average application was for $144,000, and applicants reported an average income of $82,000. 45% of applications resulted in an originated loan and 24% were denied. The most active lender was Vanderbilt Mortgage and Finance, Inc, with 131 applications, followed by Community First Bank and First Horizon Bank.

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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 1,602
Total Mortgage Loan Application Amount $231,550,000
Average Mortgage Loan Application Amount $144,000
Highest Mortgage Loan Application Amount $2,805,000
Average Applicant Income $82,000
Highest Applicant Income $1,050,000

Mortgage Company List for Lending in Iberia Parish, LA for 2023

* 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
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 131 $ 13,105,000
Community First Bank
1101 EAST ADMIRAL DOYLE DRIVE
NEW IBERIA, LA 70560
* $ 646,301,000 126 $ 14,830,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ 78,672,073,000 114 $ 12,530,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 92 $ 10,310,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 64 $ 12,310,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 154,203,000,000 58 $ 5,220,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 58 $ 10,520,000
The First National Bank of Jeanerette
P.O. BOX 151
JEANERETTE, LA 70544
* $ 429,484,000 38 $ 8,470,000
DHI Mortgage Company, Ltd.
10700 PECAN PARK BLVD, SUITE 450
AUSTIN, TX 78750
* $ -1,000 38 $ 8,710,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 35 $ 3,615,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 27 $ 4,075,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 129,461,046,000 26 $ 1,290,000
Eustis Mortgage Corp
1100 POYDRAS STREET SUITE 2525
NEW ORLEANS, LA 70115
* $ -1,000 22 $ 4,420,000
Assurance Financial Group, L.L.C.
9029 JEFFERSON HIGHWAY SUITE 100
BATON ROUGE, LA 70809
* $ -1,000 21 $ 3,775,000
Gmfs, LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ -1,000 21 $ 4,975,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 20 $ 3,710,000
Csl Financial, LLC
500 OFFICE PARK DRIVE SUITE 310
BIRMINGHAM, AL 35223
* $ -1,000 19 $ 1,775,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 18 $ 2,470,000
Fidelity Bank
353 CARONDELET ST
NEW ORLEANS, LA 70130
* $ 1,004,612,000 17 $ 2,975,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 17 $ 3,315,000
Standard Mortgage Corporation
701 POYDRAS STREET STE 300 PLAZA
NEW ORLEANS, LA 70139
* $ -1,000 16 $ 2,470,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 16 $ 3,900,000
Abbeville Building & Loan
1212 CHARITY ST
ABBEVILLE, LA 70511
* $ 58,961,000 15 $ 2,035,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 15 $ 2,495,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 3,601,623,000 15 $ 1,255,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 14 $ 2,380,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 14 $ 1,520,000
B1bank
500 LAUREL STREET, SUITE 100
BATON ROUGE, LA 70801
* $ 5,999,106,000 14 $ 1,620,000
Bank of Abbeville and Trust Company
PO BOX 340
ABBEVILLE, LA 70510
* $ 197,621,000 14 $ 1,640,000
Tammac Holdings Corporation
480 SWEDESFORD ROAD SUITE 200
WAYNE, PA 19087
* $ -1,000 13 $ 1,425,000
Hancock Whitney Bank
2510 14TH STREET
GULFPORT, MS 39501
* $ 35,158,162,000 12 $ 1,390,000
Inspire Home Loans Inc.
4695 MACARTHUR COURT SUITE 350
NEWPORT BEACH, CA 92660
* $ -1,000 12 $ 2,540,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 12 $ 2,320,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 12 $ 2,180,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 12 $ 1,890,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 11 $ 1,905,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 11 $ 1,775,000
United Community Bank
PO BOX 398
GREENVILLE, SC 29601
* $ 23,954,627,000 11 $ 1,275,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 11 $ 1,605,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 11 $ 2,925,000
Jd Bank
P O BOX 730
JENNINGS, LA 70546
* $ 1,238,214,000 10 $ 1,110,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 10 $ 1,210,000
Cadence Bank
P O BOX 789
TUPELO, MS 38804
* $ 48,668,073,000 9 $ 685,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 9 $ 2,095,000
Bank of Erath
105 W. EDWARDS ST. (P.O. DRAWER B)
ERATH, LA 70533
* $ 117,936,000 9 $ 1,075,000
Sabine State Bank and Trust Company
765 SHREVEPORT HWY
MANY, LA 71449
* $ 1,298,588,000 9 $ 3,205,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 9 $ 1,635,000
Evangeline Bank & Trust Company
P.O. BOX 346--497 W. MAIN STREET
VILLE PLATTE, LA 70586
* $ 894,031,000 8 $ 640,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,418,508,000,000 8 $ 600,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,717,531,000,000 8 $ 700,000
Flagstar Bank NA

TROY, MI 49098
* $ 90,036,656,000 7 $ 565,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 7 $ 1,205,000
Farmers-Merchants Bank and Trust
100 SOUTH MAIN STREET
BREAUX BRIDGE, LA, LA 70517
* $ 461,368,000 7 $ 475,000
Gulf Coast Bank
PO BOX DRAWER 490
ABBEVILLE, LA 70511
* $ 521,070,000 7 $ 985,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 7 $ 1,515,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 34,681,050,000 7 $ 775,000
Home Bank National Association
PO BOX 81459, 503 KALISTE SALOOM RD.
LAFAYETTE, LA 70598
* $ 3,221,051,000 7 $ 1,425,000
Countryplace Mortgage, Ltd.

PLANO, TX 75024
* $ -1,000 6 $ 890,000
Southwest Funding LP
13150 COIT ROAD STE 100
DALLAS, TX 75240
* $ -1,000 6 $ 1,200,000
Meritus Federal Credit Union
515 GUILBEAU ROAD
LAFAYETTE, LA 70506
* $ 254,732,000 6 $ 560,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 6 $ 920,000
Bank of Sunset and Trust Co
863 NAPOLEON AVE
SUNSET, LA 70584
* $ 187,830,000 5 $ 795,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 5 $ 885,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 5 $ 585,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 5 $ 725,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 441,843,000 4 $ 690,000
American Bank & Trust Company
321 E LANDRY ST
OPELOUSAS, LA 70570
* $ 243,791,000 4 $ 460,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 4 $ 500,000
Essential Mortgage Partners, LLC
430 NOTRE DAME ST
DOVER, DE 70065
* $ -1,000 4 $ 690,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 4 $ 750,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ -1,000 4 $ 480,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 110,900,000,000 4 $ 800,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 379,838,000 3 $ 65,000
Rayne State Bank & Trust Co
200 S ADAMS AVE
RAYNE, LA 70578
* $ 469,126,000 3 $ 355,000
Amwest Funding Corp
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ -1,000 3 $ 315,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 3 $ 195,000
Geneva Financial LLC
180 S ARIZONA AVE STE 310
CHANDLER, AZ 85225
* $ -1,000 3 $ 375,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 3 $ 165,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 3 $ 345,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 3 $ 445,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 3 $ 445,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 2 $ 220,000
Mortgage Financial Services
10922 COURSEY BLVD. BLDG. B
BATON ROUGE, LA 70816
* $ -1,000 2 $ 420,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 2 $ 290,000
First Guaranty Bank
400 EAST THOMAS STREET
HAMMOND, LA 70401
* $ 3,149,346,000 2 $ 110,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 2 $ 140,000
Consumer Real Estate Finance Co dba Society Mortgage
330 SW 2ND ST #111
FORT LAUDERDALE, FL 33312
* $ -1,000 2 $ 240,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 2 $ 390,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 210,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 2 $ 260,000
Focusone Mortgage, LLC
9601 JONES RD STE 108
HOUSTON, TX 77065
* $ -1,000 2 $ 290,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 2 $ 420,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 2 $ 220,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 2 $ 320,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ -1,000 2 $ 280,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 2 $ 290,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ 3,141,703,000 2 $ 50,000
Castle Mortgage Corporation
10251 VISTA SORRENTO PKWY, STE. 225
WILMINGTON, DE 92121
* $ -1,000 2 $ 210,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 2 $ 510,000
Velocity Commercial Capital LLC
2945 TOWNSGATE ROAD SUITE 110
WESTLAKE VILLAGE, CA 91361
* $ -1,000 2 $ 190,000
Republic State Mortgage Company
815 HAWTHORNE STREET
HOUSTON, TX 77006
* $ -1,000 2 $ 460,000
American Nationwide Mortgage Company, Inc.
3820 NORTHDALE BLVD STE 111A
TAMPA, FL 33624
* $ -1,000 2 $ 300,000
Clb the Community Bank
P O BOX 68
JONESVILLE, LA 71343
* $ 269,071,000 2 $ 230,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 2 $ 280,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 2 $ 280,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 2 $ 330,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 2 $ 250,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 2 $ 300,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 8,876,888,000 1 $ 155,000
Citywide Home Loans, LLC

CHICAGO, IL 60613
* $ -1,000 1 $ 105,000
Stockton Mortgage Corporation
88 C MICHAEL DAVENPORT BLVD.
FRANKFORT, KY 40601
* $ -1,000 1 $ 155,000
Highlands Residential Mortgage, Ltd.
950 W BETHANY DR STE 800
ALLEN, TX 75013
* $ -1,000 1 $ 85,000
M C Bank & Trust Company
1201 BRASHEAR AVE.
MORGAN CITY, LA 70380
* $ 382,157,000 1 $ 55,000
Bay Equity LLC

DETROIT, MI 48226
* $ -1,000 1 $ 365,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 35,526,360,000 1 $ 75,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ -1,000 1 $ 195,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 209,664,000,000 1 $ 525,000
Mission Loans, LLC

IRVINE, CA 92612
* $ -1,000 1 $ 55,000
Radiant Credit Union
405 SE 2ND PLACE
GAINESVILLE, FL 32606
* $ 749,271,000 1 $ 105,000
Citadel Servicing Corporation
15707 ROCKFIELD BLVD STE 320
IRVINE, CA 92618
* $ -1,000 1 $ 105,000
Silver Hill Funding
4425 PONCE DE LEON BLVD
CORAL GABLES, FL 33146
* $ -1,000 1 $ 115,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 75,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 200,262,969,000 1 $ 165,000
Homexpress Mortgage Corp.
1936 E DEERE AVE SUITE 200
SANTA ANA, CA 92705
* $ -1,000 1 $ 115,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 1 $ 195,000
La Capitol Federal Credit Union
P.O. BOX 3398
BATON ROUGE, LA 70802
* $ 710,073,000 1 $ 5,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 1 $ 265,000
Dsld Mortgage LLC

BATON ROUGE, LA 70809
* $ -1,000 1 $ 185,000
Gulf Coast Bank and Trust
200 SAINT CHARLES AVENUE
NEW ORLEANS, LA 70130
* $ 3,069,873,000 1 $ 55,000
Colorado Federal Savings Bank
8400 E PRENTICE AVE STE 840
ENGLEWOOD, CO 80111
* $ 2,028,684,000 1 $ 305,000
Victorian Finance, LLC
2570 BOYCE PLAZA ROAD
PITTSBURGH, PA 15241
* $ -1,000 1 $ 85,000
Neighborhood Loans, Inc
1333 BUTTERFIELD RD SUITE 600
DOWNERS GROVE, IL 60515
* $ -1,000 1 $ 165,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ -1,000 1 $ 165,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 1,054,618,000 1 $ 125,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 5,751,484,000 1 $ 25,000
Schumacher Mortgage LLC
2715 WISE AVENUE SUITE 100
CANTON, OH 44708
* $ -1,000 1 $ 375,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 5,000
Southpoint Financial Services, Inc.
5955 SHILOH ROAD EAST, SUITE 200
ALPHARETTA, GA 30005
* $ -1,000 1 $ 95,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 1,052,701,000 1 $ 245,000
Logan Finance Corporation
1393 VETERANS MEMORIAL HIGHWAY HAUPPAUGE
HAUPPAUGE, NY 11788
* $ -1,000 1 $ 145,000
Lima One Capital, LLC
201 E. MCBEE AVE, SUITE 300
GREENVILLE, SC 29601
* $ -1,000 1 $ 2,805,000
Catalyst Bank
235 N COURT ST
OPELOUSAS, LA 70571
* $ 251,998,000 1 $ 165,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 546,228,000,000 1 $ 405,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 135,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 1 $ 135,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 3,765,608,000 1 $ 325,000

The tables below break down 2023 mortgage applications in Iberia Parish, LA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Iberia Parish, LA in 2023

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 1,096 $173,400,000 $158,000 $2,805,000 $76,000 $387,000
Refinancing 173 $23,715,000 $137,000 $2,055,000 $94,000 $674,000
Cash-out Refinancing 160 $23,590,000 $147,000 $705,000 $78,000 $332,000
Other Purpose 97 $6,115,000 $63,000 $525,000 $91,000 $303,000
Home Improvement 65 $3,775,000 $58,000 $245,000 $132,000 $1,050,000
Not Applicable 11 $955,000 $86,000 $135,000 $0 $0

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 792 $109,740,000 $138,000 $605,000 $89,000 $1,050,000
Black or African American 392 $51,340,000 $130,000 $705,000 $70,000 $332,000
Not applicable 217 $40,945,000 $188,000 $2,805,000 $89,000 $107,000
Not Provided 120 $17,150,000 $142,000 $495,000 $81,000 $540,000
Asian 41 $7,005,000 $170,000 $505,000 $71,000 $171,000
Hispanic 24 $3,160,000 $131,000 $275,000 $64,000 $157,000
American Indian or Alaskan Native 8 $800,000 $100,000 $145,000 $61,000 $103,000
Native Hawaiian or Other Pacific Islander 4 $590,000 $147,000 $205,000 $62,000 $80,000

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) 1,060 $135,450,000 $127,000 $2,805,000 $85,000 $1,050,000
FHA-insured (Federal Housing Administration) 326 $56,030,000 $171,000 $495,000 $73,000 $332,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 117 $18,955,000 $162,000 $275,000 $65,000 $100,000
VA-guaranteed (Veterans Administration) 99 $21,115,000 $213,000 $705,000 $82,000 $214,000

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 720 $117,060,000 $162,000 $2,805,000 $93,000 $1,050,000
Application Denied By Financial Institution 387 $41,655,000 $107,000 $695,000 $65,000 $540,000
Application Withdrawn By Applicant 208 $32,190,000 $154,000 $705,000 $76,000 $288,000
Loan Purchased By The Institution 136 $23,480,000 $172,000 $405,000 $74,000 $137,000
File Closed For Incompleteness 102 $11,490,000 $112,000 $405,000 $70,000 $205,000
Application Approved But Not Accepted 49 $5,675,000 $115,000 $285,000 $106,000 $1,050,000
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
Not applicable 1,056 $171,270,000 $162,000 $2,805,000 $85,000 $1,050,000
Debt-To-Income Ratio 279 $31,295,000 $112,000 $525,000 $78,000 $674,000
Credit History 157 $14,785,000 $94,000 $505,000 $64,000 $475,000
Collateral 33 $3,905,000 $118,000 $695,000 $83,000 $303,000
Credit Application Incomplete 30 $4,460,000 $148,000 $385,000 $76,000 $270,000
Unverifiable Information 24 $2,210,000 $92,000 $265,000 $99,000 $540,000
Other 14 $2,050,000 $146,000 $385,000 $91,000 $157,000
Insufficient Cash (Downpayment, Closing Cost) 6 $1,040,000 $173,000 $325,000 $78,000 $148,000
Employment History 3 $535,000 $178,000 $365,000 $37,000 $61,000
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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