Issaquena County, MS Mortgage Lenders & HMDA Data, 2004

In 2004, lenders reported 26 mortgage applications in Issaquena County, MS totaling $1.3 million, down 4% from 2003. The average application was for $48,000, and applicants reported an average income of $41,000. 19% of applications resulted in an originated loan and 23% were denied. The most active lender was JPMorgan Chase Bank, NA, with 8 applications, followed by Vanderbilt Mortgage and Ameriquest Mortgage Company.

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Total Number of Mortgage Applications 26
Total Mortgage Loan Application Amount $1,270,000
Average Mortgage Loan Application Amount $48,000
Highest Mortgage Loan Application Amount $313,000
Average Applicant Income $41,000
Highest Applicant Income $225,000

Mortgage Company List for Lending in Issaquena County, MS for 2004

* 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
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 256,787,000,000 8 $ 217,000
Vanderbilt Mortgage
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 3 $ 149,000
Ameriquest Mortgage Company
1100 TOWN & COUNTRY ROAD
ORANGE, CA 92868
* $ 10,000,000 3 $ 404,000
Britton & Koontz Bank, N.A.
500 MAIN STREET
NATCHEZ, MS 39120
* $ 372,590,000 1 $ 43,000
Citicorp Trust Bank, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 17,022,330,000 1 $ 46,000
Citifinancial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,097,190,000,000 1 $ 17,000
Finance America, LLC
16802 ASTON ST.
IRVINE, CA 92606
* $ 10,000,000 1 $ 30,000
Greenlight Financial Services
18200 VON KARMAN STE #300
IRVINE, CA 92612
* $ 10,000,000 1 $ 50,000
Hfc
140 INDUSTRIAL DRIVE
ELMHURST, IL 60126
* $ 10,000,000 1 $ 50,000
Homecomings Financial LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 1 $ 32,000
Irwin Mortgage Corporation
10500 KINCAID DRIVE
FISHERS, IN 47037
* $ 4,655,913,000 1 $ 43,000
Wells Fargo Fin'l Mississippi
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 34,311,813,000 1 $ 15,000
New Century Mortgage Corporati
18400 VON KARMAN AVE., SUITE 1000
IRVINE, CA 92612
* $ 10,000,000 1 $ 59,000
Sirva Mortgage, Inc.
6070 PARKLAND BLVD.
MAYFIELD HEIGHTS, OH 44124
* $ 10,000,000 1 $ 90,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 1 $ 25,000

The tables below break down 2004 mortgage applications in Issaquena County, MS by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Issaquena County, MS in 2004

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 17 $605,000 $35,000 $90,000 $42,000 $225,000
Refinancing 9 $665,000 $73,000 $313,000 $39,000 $115,000
Home Improvement 0 $0 $0 $0 $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
Black or African American 10 $347,000 $34,000 $71,000 $25,000 $53,000
Not applicable 10 $310,000 $31,000 $59,000 $0 $0
White 4 $504,000 $126,000 $313,000 $108,000 $225,000
Not Provided 2 $109,000 $54,000 $59,000 $41,000 $42,000
Hispanic 0 $0 $0 $0 $0 $0
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

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) 26 $1,270,000 $48,000 $313,000 $41,000 $225,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 Purchased By The Institution 10 $310,000 $31,000 $59,000 $0 $0
Application Denied By Financial Institution 6 $256,000 $42,000 $71,000 $27,000 $46,000
Loan Originated 5 $241,000 $48,000 $90,000 $75,000 $225,000
Application Approved But Not Accepted 2 $76,000 $38,000 $59,000 $24,000 $28,000
Application Withdrawn By Applicant 2 $74,000 $37,000 $59,000 $33,000 $40,000
File Closed For Incompleteness 1 $313,000 $313,000 $313,000 $115,000 $115,000
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
Other 2 $91,000 $45,000 $71,000 $18,000 $22,000
Credit History 1 $58,000 $58,000 $58,000 $46,000 $46,000
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
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
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 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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