Jackson County, IL Mortgage Lenders & HMDA Data, 2016

In 2016, lenders reported 1,351 mortgage applications in Jackson County, IL totaling $169.9 million, up 14% from 2015. The average application was for $125,000, and applicants reported an average income of $78,000. 59% of applications resulted in an originated loan and 22% were denied. The most active lender was First Southern Bank, with 136 applications, followed by The First National Bank of Ava and Regions Bank.

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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 1,351
Total Mortgage Loan Application Amount $169,925,000
Average Mortgage Loan Application Amount $125,000
Highest Mortgage Loan Application Amount $12,874,000
Average Applicant Income $78,000
Highest Applicant Income $2,296,000

Mortgage Company List for Lending in Jackson County, IL for 2016

* 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 Southern Bank
300 TOWER SQUARE PLAZA
MARION, IL 62959
* $ 650,443,000 136 $ 15,360,000
The First National Bank of Ava
304 W MAIN ST, PO BOX 98
AVA, IL 62907
* $ 60,395,000 92 $ 5,257,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 125,121,263,000 80 $ 6,276,000
The Bank of Carbondale
216 E MAIN STREET
CARBONDALE, IL 62901
* $ 212,661,000 70 $ 14,573,000
Siu Credit Union
PO BOX 2888
CARBONDALE, IL 62901
* $ 307,206,000 65 $ 8,605,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 59 $ 8,027,000
First Mid Bank and Trust, NA
1515 CHARLESTON AVE, PO BOX 499
MATTOON, IL 61938
* $ 2,105,732,000 49 $ 4,375,000
First State Bank of Campbell Hill
114 W FRONT STREET
CAMPBELL HILL, IL 62916
* $ 108,459,000 44 $ 4,547,000
Murphy-Wall State Bank and Trust Company
105 E WATER ST, PO BOX 128
PINCKNEYVILLE, IL 62274
* $ 113,386,000 42 $ 4,256,000
The First Bank and Trust Company of Murphysboro
1403 WALNUT ST
MURPHYSBORO, IL 62966
* $ 72,700,000 41 $ 4,134,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 39 $ 4,288,000
Community Banc Mortgage Corp
301 N MAIN
CHATHAM, IL 62629
* $ 1,003,316,000 38 $ 4,467,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ 40,394,000 31 $ 3,165,000
Peoples National Bank, N.A.
520 S 42ND ST
MOUNT VERNON, IL 62864
* $ 1,063,118,000 27 $ 3,433,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,610,580,000,000 26 $ 3,053,000
Banterra Bank
111 AIRWAY DRIVE
MARION, IL 62959
* $ 1,371,854,000 26 $ 2,913,000
Midcountry Bank
7825 WASHINGTON AVE. S., STE. 120
BLOOMINGTON, MN 55439
* $ 767,869,000 20 $ 2,242,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 17 $ 1,674,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 15 $ 2,162,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 15 $ 1,474,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 12 $ 637,000
Freedom Mortgage Corporation
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 12 $ 1,837,000
First Bank
11901 OLIVE BOULEVARD
SAINT LOUIS, MO 63141
* $ 5,998,925,000 12 $ 705,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 10 $ 1,109,000
Illini Bank
3200 W. ILES AVENUE
SPRINGFIELD, IL 62711
* $ 284,800,000 10 $ 1,014,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 10 $ 726,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 444,244,000 10 $ 237,000
Farmers State Bank of Alto Pass
555 S. COMMERCIAL
HARRISBURG, IL 62946
* $ 206,648,000 9 $ 960,000
Buena Vista National Bank
1309 SWANWICK STREET
CHESTER, IL 62233
* $ 210,991,000 9 $ 926,000
State Bank of Lincoln
508 BROADWAY STREET
LINCOLN, IL 62656
* $ 350,254,000 9 $ 1,595,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 9 $ 725,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 8 $ 1,123,000
Mb Financial Bank, National Association
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 15,536,515,000 8 $ 769,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 8 $ 628,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 8 $ 830,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 7 $ 1,180,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 7 $ 851,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 7 $ 866,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 7 $ 74,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,709,556,000 7 $ 1,011,000
Woodforest National Bank
25231 GROGAN'S MILL ROAD
THE WOODLANDS, TX 77380
* $ 4,654,173,000 7 $ 565,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 205,125,538,000 6 $ 861,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,801,773,000 6 $ 634,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 6 $ 450,000
The Bank of Herrin
101 S. PARK AVE, P.O. BOX B
HERRIN, IL 62948
* $ 244,700,000 6 $ 3,280,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 6 $ 521,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 6 $ 491,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 5 $ 533,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,299,801,000,000 5 $ 330,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 5 $ 714,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 4 $ 668,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 186,710,993,000 4 $ 511,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 138,620,635,000 3 $ 477,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 9,622,999,000 3 $ 42,000
First Nations Bank
7757 W DEVON
CHICAGO, IL 60068
* $ 321,998,000 3 $ 218,000
Bbmc Mortgage, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 3 $ 545,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 3 $ 532,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 3 $ 432,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 2 $ 237,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 2 $ 308,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 2 $ 196,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 175,672,000 2 $ 150,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 822,669,000 2 $ 109,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 3,128,427,000 2 $ 99,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 2 $ 130,000
Justice Federal Credit Union
5175 PARKSTONE DRIVE, STE. 200
CHANTILLY, VA 20151
* $ 667,544,000 2 $ 4,000
Scott Credit Union
101 CREDIT UNION WAY
EDWARDSVILLE, IL 62025
* $ 1,039,806,000 2 $ 354,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 2 $ 219,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 2 $ 368,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 2 $ 195,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ 37,000,000 2 $ 179,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,077,735,000 2 $ 494,000
Midland Mortgage Corporation
1500 RICHLAND STREET
COLUMBIA, SC 29201
* $ 10,000,000 2 $ 314,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ 89,030,433,000 2 $ 365,000
Central Bank of Boone County
720 E. BROADWAY
COLUMBIA, MO 65201
* $ 1,619,374,000 2 $ 2,119,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 2 $ 67,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,649,486,000 2 $ 277,000
Ranlife, Inc.
9272 S. 700 E.
SANDY, UT 84070
* $ 3,304,000 2 $ 153,000
Bank of Springfield
2600 STEVENSON DRIVE
SPRINGFIELD, IL 62711
* $ 871,113,000 2 $ 217,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 19,460,442,000 2 $ 309,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 138,620,635,000 1 $ 20,000
Liberty Federal Credit Union
9520 ORMSBY STATION RD SUITE 20
LOUISVILLE, KY 40223
* $ 1,179,529,000 1 $ 80,000
United Community Bank
104 N MACOUPIN
CHATHAM, IL 62629
* $ 1,003,316,000 1 $ 128,000
American Finance House Lariba
15141 E WHITTIER BLVD, SUITE 400
WHITTIER, CA 90603
* $ 10,000,000 1 $ 132,000
Firstmerit Bank NA
III CASCADE PLAZA - CAS46
AKRON, OH 44308
* $ 25,520,808,000 1 $ 25,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 104,121,677,000 1 $ 80,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 273,231,606,000 1 $ 160,000
UMB Bank NA
1010 GRAND BLVD
KANSAS CITY, MO 64106
* $ 18,823,520,000 1 $ 30,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ 8,673,604,000 1 $ 560,000
Bank & Trust Company
401 N MADISON
LITCHFIELD, IL 62056
* $ 281,054,000 1 $ 47,000
Focus Bank
PO BOX 99
CHARLESTON, MO 63834
* $ 722,830,000 1 $ 933,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,580,860,000 1 $ 148,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 224,192,000 1 $ 25,000
Blackhawk Bank
400 BROAD ST.
BELOIT, WI 53511
* $ 602,066,000 1 $ 46,000
Howard Bank
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 947,219,000 1 $ 64,000
Bloomsdale Bank
55 MILL HILL ROAD, P. O. BOX 100
BLOOMSDALE, MO 63627
* $ 218,135,000 1 $ 675,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ 5,889,539,000 1 $ 179,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 1 $ 293,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 1 $ 104,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ 52,388,000 1 $ 165,000
Canopy Mortgage, LLC
360 TECHNOLOGY COURT STE. 200
LINDON, UT 84003
* $ 8,000,000,000 1 $ 200,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ 10,000,000 1 $ 178,000
Delmar Financial Company
1066 EXECUTIVE PARKWAY SUITE 100
ST LOUIS, MO 63141
* $ 10,000,000 1 $ 145,000
Endeavor Capital, LLC
14897 CLAYTON ROAD
CHESTERFIELD, MO 63017
* $ 26,264,000 1 $ 225,000
The Farmers and Merchants National Bank
120 WEST ST. LOUIS STREET
NASHVILLE, IL 62263
* $ 174,242,000 1 $ 82,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 67,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ 10,000,000 1 $ 98,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 1 $ 270,000
Marine Bank
3050 WABASH AVENUE
SPRINGFIELD, IL 62704
* $ 621,057,000 1 $ 218,000
Florida Capital Bank, N.A
10151 DEERWOOD PARK BLVD. BLDG. 100 #200
JACKSONVILLE, FL 32256
* $ 340,713,000 1 $ 200,000
Cbc National Bank
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 464,368,000 1 $ 123,000
Marquette Bank
6316 S WESTERN AVE
CHICAGO, IL 60636
* $ 1,530,710,000 1 $ 105,000
Homestead Funding Corp.
8 AIRLINE DRIVE
ALBANY, NY 12205
* $ 10,000,000 1 $ 376,000
Bay Equity LLC

DETROIT, MI 48226
* $ 12,210,000 1 $ 70,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 1 $ 93,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 1 $ 80,000
Vinson Mortgage Group
12801 FLUSHING MEADOWS DR SUITE 100
SAINT LOUIS, MO 63131
* $ 10,000,000 1 $ 132,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 1 $ 104,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 1 $ 230,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 1 $ 177,000
First Community Credit Union
17151 CHESTERFIELD AIRPORT RD
CHESTERFIELD, MO 63005
* $ 2,121,922,000 1 $ 53,000
South Porte Bank
701 N COURT ST
MARION, IL 62959
* $ 59,076,000 1 $ 100,000
Tiaa-Cref Trust Company FSB
211 NORTH BROADWAY, STE 1000
ST. LOUIS, MO 63102
* $ 3,519,033,000 1 $ 112,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ 6,656,748,000 1 $ 171,000
Flat Branch Mortgage, Inc.
101 S. FIFTH STREET, STE 200
COLUMBIA, MO 65201
* $ 39,000,000 1 $ 98,000
Celebrity Home Loans, LLC
2001 SPRING RD SUITE 100
OAK BROOK, IL 60523
* $ 1,341,000 1 $ 138,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 1 $ 184,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 1 $ 171,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ 10,000,000 1 $ 216,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 318,361,000 1 $ 111,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 95,747,000 1 $ 142,000
Banc of California, National Association
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 8,231,396,000 1 $ 224,000
Best Hometown Bank
100 E. CLAY ST.
COLLINSVILLE, IL 62234
* $ 98,928,000 1 $ 600,000
Fcb Banks
800 BELT LINE ROAD
COLLINSVILLE, IL 62234
* $ 780,426,000 1 $ 36,000
Alliance Bank
217 N KINGSHIGHWAY, PO BOX 1458
CAPE GIRARDEAU, MO 63701
* $ 166,661,000 1 $ 300,000
Cnb Bank & Trust, N.A.
450 W SIDE SQ
CARLINVILLE, IL 62626
* $ 853,168,000 1 $ 95,000
Montgomery Bank
P.O. BOX 948
SIKESTON, MO 63801
* $ 863,012,000 1 $ 675,000
Flagship Financial Group, Llc.
3130 W. MAPLE LOOP DR.
LEHI, UT 84043
* $ 0 1 $ 177,000
Cornerstone Mortgage Providers, L.P.
1177 WEST LOOP SOUTH, STE. 200
HOUSTON, TX 77027
* $ 10,000,000 1 $ 116,000
Pillar Multifamily, LLC
8245 BOONE BLVD STE 710
VIENNA, VA 22182
* $ 165,990,000 1 $ 12,874,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 1 $ 113,000
Independence Bank of Kentucky
2425 FREDERICA STREET
OWENSBORO, KY 42301
* $ 1,813,634,000 1 $ 10,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ 101,315,000 1 $ 275,000
The Village Bank
856 SPARTA ST., PO BOX 325
ST LIBORY, IL 62282
* $ 85,525,000 1 $ 75,000

The tables below break down 2016 mortgage applications in Jackson County, IL by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Jackson County, IL in 2016

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 628 $90,729,000 $144,000 $12,874,000 $75,000 $1,972,000
Refinancing 528 $67,282,000 $127,000 $933,000 $84,000 $2,296,000
Home Improvement 195 $11,914,000 $61,000 $1,345,000 $74,000 $612,000

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 1,054 $118,376,000 $112,000 $6,273,000 $85,000 $2,296,000
Not applicable 91 $29,104,000 $319,000 $12,874,000 $11,000 $211,000
Black or African American 83 $9,183,000 $110,000 $554,000 $81,000 $650,000
Not Provided 68 $6,743,000 $99,000 $376,000 $68,000 $312,000
Hispanic 31 $3,231,000 $104,000 $410,000 $67,000 $220,000
Asian 16 $2,500,000 $156,000 $323,000 $117,000 $370,000
American Indian or Alaskan Native 7 $486,000 $69,000 $184,000 $46,000 $92,000
Native Hawaiin or Other Pacific Islander 1 $302,000 $302,000 $302,000 $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) 1,035 $132,563,000 $128,000 $12,874,000 $87,000 $2,296,000
FHA-insured (Federal Housing Administration) 146 $14,970,000 $102,000 $259,000 $58,000 $560,000
VA-guaranteed (Veterans Administration) 109 $16,959,000 $155,000 $554,000 $53,000 $490,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 61 $5,433,000 $89,000 $177,000 $32,000 $77,000

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 792 $112,365,000 $141,000 $12,874,000 $88,000 $2,296,000
Application Denied By Financial Institution 298 $28,004,000 $93,000 $554,000 $68,000 $1,972,000
Application Withdrawn By Applicant 96 $11,982,000 $124,000 $560,000 $71,000 $290,000
Loan Purchased By The Institution 86 $9,600,000 $111,000 $293,000 $33,000 $560,000
Application Approved But Not Accepted 56 $5,146,000 $91,000 $232,000 $74,000 $216,000
File Closed For Incompleteness 23 $2,828,000 $122,000 $506,000 $89,000 $402,000
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 45 $2,311,000 $51,000 $184,000 $94,000 $1,972,000
Debt-To-Income Ratio 31 $3,465,000 $111,000 $356,000 $54,000 $134,000
Collateral 28 $2,503,000 $89,000 $235,000 $79,000 $480,000
Credit Application Incomplete 12 $1,143,000 $95,000 $262,000 $119,000 $433,000
Other 9 $522,000 $58,000 $100,000 $74,000 $232,000
Unverifiable Information 4 $355,000 $88,000 $152,000 $58,000 $90,000
Employment History 4 $264,000 $66,000 $121,000 $55,000 $128,000
Insufficient Cash (Downpayment, Closing Cost) 1 $30,000 $30,000 $30,000 $72,000 $72,000
Mortgage Insurance Denied 1 $270,000 $270,000 $270,000 $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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