Iowa County, WI Mortgage Lenders & HMDA Data, 2021

In 2021, lenders reported 1,565 mortgage applications in Iowa County, WI totaling $286.9 million, down 16% from 2020. The average application was for $183,000, and applicants reported an average income of $100,000. 74% of applications resulted in an originated loan and 7% were denied. The most active lender was Farmers Savings Bank, with 203 applications, followed by Summit Credit Union and Uw Credit Union.

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Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in Wisconsin.
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 1,565
Total Mortgage Loan Application Amount $286,895,000
Average Mortgage Loan Application Amount $183,000
Highest Mortgage Loan Application Amount $995,000
Average Applicant Income $100,000
Highest Applicant Income $1,557,000

Mortgage Company List for Lending in Iowa County, WI for 2021

* 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
Farmers Savings Bank
305 DOTY ST
MINERAL POINT, WI 53565
* $ 316,572,000 203 $ 36,105,000
Summit Credit Union
PO BOX 8046
COTTAGE GROVE, WI 53527
* $ 3,689,604,000 146 $ 23,540,000
Uw Credit Union
3500 UNIVERSITY AVE
MADISON, WI 53717
* $ 3,331,481,000 101 $ 15,385,000
The Peoples Community Bank
222 W. COMMERCIAL ST., PO BOX 8
MAZOMANIE, WI 53560
* $ 300,778,000 93 $ 16,925,000
Heartland Credit Union
5325 HIGH CROSSING BLVD
MADISON, WI 53718
* $ 312,350,000 81 $ 14,055,000
Royal Bank
202 MAIN STREET
ELROY, WI 53929
* $ 468,037,000 75 $ 11,205,000
Mound City Bank
25 E PINE STREET
PLATTEVILLE, WI 53818
* $ 383,984,000 68 $ 13,950,000
Dupaco Community Credit Union
PO BOX 179
DUBUQUE, IA 52004
* $ 1,888,189,000 45 $ 5,365,000
Lake Ridge Bank
1205 MAIN STREET
MONONA, WI 53713
* $ 1,322,152,000 43 $ 9,495,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 33 $ 7,075,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 137,588,093,000 32 $ 5,150,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,747,398,000,000 26 $ 4,480,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 25 $ 5,525,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 24 $ 6,100,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 20,311,535,000 21 $ 2,505,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 20 $ 3,360,000
Marine Credit Union
811 MONITOR STREET
LA CROSSE, WI 54601
* $ 857,609,000 18 $ 2,880,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 18 $ 3,090,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 15 $ 2,815,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 32,343,129,000 14 $ 2,760,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 14 $ 3,160,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 13 $ 2,725,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 12 $ 2,550,000
The Park Bank
1815 GREENWAY CROSS
MADISON, WI 53713
* $ 1,064,967,000 12 $ 2,570,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 11 $ 2,295,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 11 $ 3,695,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 11 $ 2,695,000
Inlanta Mortgage, Inc.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ -1,000 11 $ 2,045,000
Thompson Kane & Company, Inc
8020 EXCELSIOR DRIVE SUITE 401
MADISON, WI 53717
* $ -1,000 10 $ 3,690,000
The Bank of New Glarus
501 FIRST STREET PO BOX 129
NEW GLARUS, WI 53574
* $ 317,438,000 10 $ 2,350,000
Woodford State Bank
403 WEST 8TH STREET, PO BOX 766
MONROE, WI 53566
* $ 254,520,000 10 $ 1,600,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 9 $ 1,605,000
Cornerstone Home Lending, Inc.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ -1,000 9 $ 3,165,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 8 $ 1,990,000
Monona Bank
5515 MONONA DRIVE
MONONA, WI 53716
* $ 960,931,000 8 $ 1,510,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 8 $ 1,670,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 8 $ 1,590,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 8 $ 1,290,000
One Community Bank
733 N MAIN ST
OREGON, WI 53575
* $ 619,951,000 7 $ 1,945,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 7 $ 1,275,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 7 $ 1,355,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 4,645,441,000 6 $ 840,000
Heritage Credit Union
1212 HUXLEY STREET
MADISON, WI 53704
* $ 389,447,000 6 $ 1,150,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 6 $ 1,490,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 6 $ 860,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 5 $ 915,000
Nations Reliable Lending, LLC

HOUSTON, TX 77057
* $ -1,000 5 $ 785,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 5 $ 625,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 5 $ 885,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 4 $ 650,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 4 $ 430,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 4 $ 570,000
Dane County Credit Union
2160 RIMROCK ROAD
MADISON, WI 53713
* $ 191,057,000 4 $ 410,000
Landmark Credit Union
5445 S. WESTRIDGE DR.
BROOKFIELD, WI 53005
* $ 4,463,283,000 4 $ 150,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 4 $ 740,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 3 $ 635,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 104,052,030,000 3 $ 445,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 3 $ 675,000
Wisconsin Bank & Trust
119 JUNCTION RD
MADISON, WI 53717
* $ 1,090,679,000 3 $ 375,000
Johnson Bank
555 MAIN STREET SUITE 490
RACINE, WI 53403
* $ 5,209,882,000 3 $ 1,285,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 3 $ 595,000
A+ Mortgage Services, Inc.
W188S7820 RACINE AVE SUITE 100
MUSKEGO, WI 53150
* $ -1,000 3 $ 465,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 3 $ 525,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 3 $ 625,000
First National Bank and Trust
345 E GRAND AVE
BELOIT, WI 53511
* $ 1,170,113,000 3 $ 325,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 2 $ 450,000
Community First Credit Union
1575 DRESANG WAY
NEENAH, WI 54956
* $ 3,412,023,000 2 $ 410,000
Bayshore Mortgage Funding
1920 GREENSPRING DRIVE, SUITE 140
TIMONIUM, MD 21093
* $ -1,000 2 $ 400,000
Oak Bank
5951 MCKEE ROAD STE 100
FITCHBURG, WI 53719
* $ 321,362,000 2 $ 760,000
Nicolet National Bank
111 N WASHINGTON ST
GREEN BAY, WI 54301
* $ 3,570,443,000 2 $ 450,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 2 $ 110,000
Aim Credit Union
1200 ASSOCIATES DR STE 102
DUBUQUE, IA 52002
* $ 130,499,000 2 $ 200,000
Settlers Bank
4021 MERIDIAN DRIVE
WINDSOR, WI 53598
* $ 310,153,000 2 $ 740,000
Bankers' Bank
7700 MINERAL POINT ROAD
MADISON, WI 53717
* $ 720,844,000 2 $ 560,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 2 $ 80,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 2 $ 1,360,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 2 $ 120,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 2 $ 360,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,131,130,000 2 $ 460,000
Ally Bank

CHARLOTTE, NC 28202
* $ 167,492,000,000 2 $ 300,000
Educators Credit Union
1326 WILLOW RD
MOUNT PLEASANT, WI 53177
* $ 2,171,954,000 2 $ 390,000
Total Mortgage Services, LLC
185 PLAINS ROAD
MILFORD, CT 06461
* $ -1,000 2 $ 170,000
Bank of Deerfield
15 S. MAIN ST., PO BOX 85
DEERFIELD, WI 53531
* $ 161,097,000 2 $ 660,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 4,348,222,000 2 $ 340,000
Bank Five Nine
155 W. WISCONSIN AVENUE
OCONOMOWOC, WI 53066
* $ 1,201,814,000 2 $ 400,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,399,512,000 1 $ 115,000
Inland Bank & Trust
1900 W STATE ST
GENEVA, IL 60134
* $ 1,123,482,000 1 $ 145,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 2,177,570,000 1 $ 85,000
Go Mortgage, LLC

COLUMBUS, OH 43219
* $ -1,000 1 $ 165,000
Great Midwest Bank SSB
15900 W BLUEMOUND RD
BROOKFIELD, WI 53005
* $ 847,794,000 1 $ 165,000
Amwest Funding Corp
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ -1,000 1 $ 235,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 125,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 1 $ 215,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 1 $ 195,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 95,000
Verve, A Credit Union
2900 UNIVERSAL ST
OSHKOSH, WI 54904
* $ 999,726,000 1 $ 135,000
Wisconsin River Bank
608 PHILLIPS BOULEVARD, P.O. BOX 636
SAUK CITY, WI 53583
* $ 147,046,000 1 $ 995,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 313,272,000 1 $ 195,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 215,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 155,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 98,729,134,000 1 $ 35,000
First Community Credit Union of Beloit
1702 PARK AVE
BELOIT, WI 53511
* $ -1,000 1 $ 215,000
Sofi Lending Corp.
375 HEALDSBURG AVENUE, SUITE 280
SACRAMENTO, CA 95448
* $ -1,000 1 $ 125,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 1 $ 205,000
First American Bank
80 STRATFORD DRIVE
ELK GROVE VILLAGE, IL 60007
* $ 5,300,331,000 1 $ 545,000
The Northern Trust Co
50 S. LA SALLE
CHICAGO, IL 60603
* $ 135,885,433,000 1 $ 935,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ -1,000 1 $ 445,000
The Central Trust Bank
238 MADISON ST.
JEFFERSON CITY, MO 65101
* $ 2,678,315,000 1 $ 365,000
Collins State Bank
20741 COUNTY ROAD JJ
COLLINS, WI 54207
* $ 98,372,000 1 $ 645,000
Digital Federal Credit Union
220 DONALD LYNCH BOULEVARD
MARLBOROUGH, MA 01752
* $ 9,361,090,000 1 $ 185,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 707,275,000 1 $ 205,000
Bremer Bank NA
372 SAINT PETER STREET
SAINT PAUL, MN 55102
* $ 13,105,582,000 1 $ 285,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 65,000
Dmb Community Bank
321 N MAIN ST
DEFOREST, WI 53532
* $ 491,455,000 1 $ 425,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 1 $ 85,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 1 $ 165,000
Lenderfi, Inc.
23875 VENTURA BLVD SUITE 203B
CALABASAS, CA 91302
* $ -1,000 1 $ 185,000
Farmers & Merchants State Bank
210 W. MADISON ST.
WATERLOO, WI 53594
* $ 179,274,000 1 $ 315,000
Lend Smart Mortgage, LLC
3450 LEXINGTON AVE N
OAKDALE, MN 55126
* $ -1,000 1 $ 135,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 85,000
First Bank & Trust
9816 SLIDE RD.
LUBBOCK, TX 79424
* $ 1,137,714,000 1 $ 305,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 1 $ 95,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 185,000
Celebrity Home Loans, LLC
2001 SPRING RD SUITE 100
OAK BROOK, IL 60523
* $ -1,000 1 $ 215,000
American Portfolio Mortgage Corporation
800 EAST NORTHWEST HIGHWAY
PALATINE, IL 60067
* $ -1,000 1 $ 185,000
Mission Loans, LLC

IRVINE, CA 92612
* $ -1,000 1 $ 155,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 15,000
National Bank of Commerce
1127 TOWER AVE
SUPERIOR, WI 54880
* $ 994,623,000 1 $ 55,000
Capitol Bank
710 N. HIGH POINT ROAD
MADISON, WI 53717
* $ 399,653,000 1 $ 225,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 1 $ 235,000
Fortifi Bank
140 W. HURON ST/PO BOX 310
BERLIN, WI 54923
* $ 456,691,000 1 $ 435,000
First Centennial Mortgage Corporation
2471 W SULLIVAN ROAD
CHICAGO, IL 60506
* $ -1,000 1 $ 185,000
Chicago Mortgage Solutions LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ -1,000 1 $ 155,000
Westconsin Credit Union
444 BROADWAY
MENOMONIE, WI 54751
* $ 1,336,372,000 1 $ 175,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 1 $ 85,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 155,000
Parkside Lending, LLC
1130 HOWARD ST.
SAN FRANCISCO, CA 94103
* $ -1,000 1 $ 155,000
Citizens Bank
301 N ROCHESTER ST PO BOX 223
MUKWONAGO, WI 53149
* $ 792,997,000 1 $ 105,000
Baraboo State Bank
101 THIRD AVENUE, PO BOX 50
BARABOO, WI 53913
* $ 386,472,000 1 $ 245,000
Governmental Employees Credit Union
225 LA CROSSE ST
LA CROSSE, WI 54601
* $ 73,583,000 1 $ 55,000
Gateway Mortgage Corporation
6501 GREEN BAY ROAD
KENOSHA, WI 53142
* $ -1,000 1 $ 115,000
Bank of Sun Prairie
228 E MAIN ST
SUN PRAIRIE, WI 53590
* $ 440,454,000 1 $ 115,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,432,105,000 1 $ 75,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ -1,000 1 $ 145,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 1 $ 195,000
Star USA Federal Credit Union
ONE CANTLEY DRIVE
CHARLESTON, WV 25314
* $ 157,540,000 1 $ 35,000

The tables below break down 2021 mortgage applications in Iowa County, WI by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Iowa County, WI in 2021

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 593 $100,515,000 $169,000 $965,000 $94,000 $600,000
Home Purchase 480 $110,890,000 $231,000 $995,000 $103,000 $1,068,000
Cash-out Refinancing 353 $64,945,000 $183,000 $655,000 $104,000 $1,137,000
Other Purpose 72 $5,690,000 $79,000 $315,000 $89,000 $225,000
Home Improvement 61 $4,035,000 $66,000 $305,000 $123,000 $1,557,000
Not Applicable 6 $820,000 $136,000 $315,000 $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 1,341 $244,055,000 $181,000 $965,000 $100,000 $1,557,000
Not Provided 135 $24,245,000 $179,000 $595,000 $104,000 $515,000
Not applicable 60 $14,660,000 $244,000 $995,000 $69,000 $69,000
Hispanic 14 $1,640,000 $117,000 $285,000 $81,000 $149,000
Asian 7 $1,245,000 $177,000 $505,000 $91,000 $221,000
American Indian or Alaskan Native 4 $340,000 $85,000 $115,000 $85,000 $101,000
Black or African American 3 $565,000 $188,000 $285,000 $58,000 $102,000
Native Hawaiian or Other Pacific Islander 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) 1,404 $255,820,000 $182,000 $995,000 $102,000 $1,557,000
FHA-insured (Federal Housing Administration) 76 $12,240,000 $161,000 $305,000 $58,000 $160,000
VA-guaranteed (Veterans Administration) 67 $16,445,000 $245,000 $965,000 $97,000 $423,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 18 $2,390,000 $132,000 $175,000 $55,000 $110,000

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 1,158 $212,700,000 $183,000 $995,000 $101,000 $1,557,000
Application Withdrawn By Applicant 127 $23,495,000 $185,000 $595,000 $91,000 $406,000
Application Denied By Financial Institution 112 $17,620,000 $157,000 $495,000 $91,000 $1,137,000
Application Approved But Not Accepted 80 $15,240,000 $190,000 $545,000 $121,000 $1,068,000
Loan Purchased By The Institution 46 $9,540,000 $207,000 $525,000 $129,000 $378,000
File Closed For Incompleteness 42 $8,300,000 $197,000 $545,000 $89,000 $329,000
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 1,247 $230,905,000 $185,000 $965,000 $100,000 $1,557,000
Debt-To-Income Ratio 250 $45,760,000 $183,000 $995,000 $101,000 $1,137,000
Credit History 33 $4,165,000 $126,000 $265,000 $73,000 $196,000
Collateral 13 $2,395,000 $184,000 $345,000 $148,000 $399,000
Credit Application Incomplete 9 $1,935,000 $215,000 $495,000 $139,000 $500,000
Other 7 $765,000 $109,000 $265,000 $80,000 $122,000
Insufficient Cash (Downpayment, Closing Cost) 3 $615,000 $205,000 $265,000 $54,000 $62,000
Employment History 2 $280,000 $140,000 $145,000 $55,000 $110,000
Unverifiable Information 1 $75,000 $75,000 $75,000 $45,000 $45,000
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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