Jasper County, IA Mortgage Lenders & HMDA Data, 2023

In 2023, lenders reported 1,485 mortgage applications in Jasper County, IA totaling $218.5 million, down 23% from 2022. The average application was for $147,000, and applicants reported an average income of $99,000. 61% of applications resulted in an originated loan and 11% were denied. The most active lender was Greenstate Credit Union, with 107 applications, followed by Bank Iowa and Veridian Credit Union.

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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 1,485
Total Mortgage Loan Application Amount $218,475,000
Average Mortgage Loan Application Amount $147,000
Highest Mortgage Loan Application Amount $2,075,000
Average Applicant Income $99,000
Highest Applicant Income $6,970,000

Mortgage Company List for Lending in Jasper County, IA 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
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ 11,283,366,000 107 $ 14,145,000
Bank Iowa
1150 JORDAN CREEK PARKWAY
WEST DES MOINES, IA 50266
* $ 1,918,861,000 97 $ 11,705,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 6,896,511,000 75 $ 4,965,000
Advantage Credit Union
121 W 3RD ST N
NEWTON, IA 50208
* $ 105,612,000 74 $ 3,940,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 69 $ 11,785,000
Homeservices Lending LLC
2900 100TH STREET SUITE 109
URBANDALE, IA 50322
* $ -1,000 59 $ 8,655,000
Compass Mortgage, Inc.
27755 DIEHL ROAD, STE 100
WARRENVILLE, IL 60555
* $ -1,000 59 $ 11,645,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 49 $ 5,065,000
Great Southern Bank
218 S GLENSTONE AVE
SPRINGFIELD, MO 65802
* $ 5,684,000,000 47 $ 4,555,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 40 $ 6,970,000
Ixonia Bank
W1046 MARIETTA AVE
IXONIA, WI 53036
* $ 607,423,000 39 $ 5,265,000
Community Choice Credit Union
1351 NW 114TH ST, P.O. BOX 71247
JOHNSTON, IA 50131
* $ 797,643,000 36 $ 3,720,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 27 $ 5,335,000
Leighton State Bank
900 WASHINGTON ST
PELLA, IA 50219
* $ 240,295,000 25 $ 2,815,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 24 $ 4,570,000
Community 1st Credit Union
1030 SIERRA DR NE
OTTUMWA, IA 52501
* $ 939,053,000 22 $ 1,760,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 21 $ 4,045,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 20 $ 4,070,000
First Interstate Bank
PO BOX 30918
BILLINGS, MT 59101
* $ 32,216,733,000 18 $ 1,100,000
Lincoln Savings Bank
301 WASHINGTON ST
REINBECK, IA 50669
* $ 1,845,506,000 17 $ 3,855,000
First State Bank
413 EAST ST
LYNNVILLE, IA 50153
* $ 319,422,000 16 $ 2,710,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 16 $ 4,760,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 15 $ 3,845,000
State Savings Bank
4800 MILLS CIVIC PKWY., STE. 100
WEST DES MOINES, IA 50265
* $ 198,557,000 15 $ 2,225,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 13 $ 2,535,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 12 $ 850,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 12 $ 1,610,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 6,574,512,000 12 $ 1,490,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 11 $ 1,595,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 11 $ 1,365,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 3,765,608,000 10 $ 1,550,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,991,835,000 10 $ 1,400,000
Residential Mortgage Network, Inc.
2461 10TH STREET SUITE 308
IOWA CITY, IA 52245
* $ -1,000 10 $ 1,760,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 10 $ 2,270,000
Trubank
1401 N JEFFERSON WAY
INDIANOLA, IA 50125
* $ 415,445,000 10 $ 1,260,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,717,531,000,000 9 $ 1,335,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 9 $ 2,185,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 9 $ 1,475,000
Fortress Bank
9000 N. KNOXVILLE AVENUE
PEORIA, IL 61615
* $ 619,628,000 9 $ 1,625,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 8 $ 1,350,000
Greater Iowa Credit Union
801 LINCOLN WAY
AMES, IA 50010
* $ 656,786,000 8 $ 660,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 546,228,000,000 8 $ 2,650,000
Northwest Bank
705 GRAND AVE.
SPENCER, IA 51301
* $ 2,471,026,000 7 $ 1,395,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 7 $ 1,055,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,418,508,000,000 7 $ 885,000
Flagstar Bank NA

TROY, MI 49098
* $ 90,036,656,000 7 $ 725,000
Dupaco Community Credit Union
PO BOX 179
DUBUQUE, IA 52004
* $ 3,010,410,000 6 $ 480,000
Gershman Investment Corp.
16253 SWINGLEY RIDGE ROAD, SUITE 400
CHESTERFIELD, MO 63017
* $ -1,000 6 $ 1,160,000
Luana Savings Bank
100 HARVEST DRIVE
LUANA, IA 52156
* $ 2,036,937,000 6 $ 1,630,000
Marine Credit Union
811 MONITOR STREET
LA CROSSE, WI 54601
* $ 1,034,078,000 6 $ 500,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 6 $ 370,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 5 $ 1,555,000
Ohnward Bank and Trust
332 1ST AVE W
CASCADE, IA 52033
* $ 391,537,000 5 $ 1,295,000
Collins Community Credit Union
1150 42ND STREET NE
CEDAR RAPIDS, IA 52402
* $ 1,649,497,000 5 $ 445,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 5 $ 435,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 5 $ 915,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ 3,141,703,000 5 $ 205,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 5 $ 1,005,000
Chickasaw Community Bank
909 S MERIDIAN AVE
OKLAHOMA CITY, OK 73142
* $ 479,101,000 5 $ 675,000
Bankers Trust Company
453 7TH ST.
DES MOINES, IA 50309
* $ 6,104,235,000 5 $ 1,155,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 34,681,050,000 4 $ 250,000
I H Mississippi Valley Credit Union
2121 47TH STREET
MOLINE, IL 61265
* $ 2,035,629,000 4 $ 1,010,000
First National Bank Ames Iowa
405 5TH ST
AMES, IA 50010
* $ 1,117,262,000 4 $ 1,510,000
Ascentra Credit Union
PO BOX 1107
BETTENDORF, IA 52722
* $ 527,521,000 4 $ 260,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 4 $ 830,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 4 $ 500,000
The Central Trust Bank
238 MADISON ST.
JEFFERSON CITY, MO 65101
* $ 19,309,880,000 4 $ 690,000
Washington State Bank
121 S MARION AVE
WASHINGTON, IA 52353
* $ 525,353,000 4 $ 1,090,000
Visionbank of Iowa
104 CHESTNUT ST
AMES, IA 50010
* $ 755,877,000 3 $ 195,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 3 $ 505,000
Grinnell State Bank
814 FOURTH AVENUE
GRINNELL, IA 50112
* $ 448,401,000 3 $ 845,000
Exchange State Bank
823 WHEELER STREET, SUITE 32
AMES, IA 50010
* $ 130,015,000 3 $ 495,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 3 $ 605,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 3 $ 1,075,000
United Bank of Iowa
501 SECOND STREET
IDA GROVE, IA 51445
* $ 2,331,206,000 3 $ 435,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 3 $ 545,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 1,054,618,000 3 $ 665,000
Premier Credit Union
800 9TH ST
DES MOINES, IA 50309
* $ 287,084,000 3 $ 995,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 3 $ 645,000
Frontier Financial, Inc. dba Frontier Mortgage
16647 CHESTERFIELD GROVE ROAD, SUITE 100
CHESTERFIELD, MO 63005
* $ -1,000 3 $ 385,000
Serve Credit Union
423 E COURT AVE
DES MOINES, IA 50309
* $ 98,488,000 3 $ 135,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 3 $ 485,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 182,325,674,000 3 $ 425,000
Fidelity Bank
302 MAIN ST
SAVANNA, IL 61074
* $ 109,549,000 3 $ 735,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 2,040,399,000 2 $ 660,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 2 $ 180,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 2 $ 260,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 2 $ 300,000
Stockton Mortgage Corporation
88 C MICHAEL DAVENPORT BLVD.
FRANKFORT, KY 40601
* $ -1,000 2 $ 350,000
Data Mortgage, Inc

OCALA, FL 34475
* $ -1,000 2 $ 290,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 2 $ 750,000
NFM, Inc
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ -1,000 2 $ 270,000
V.I.P. Mortgage, Inc.
9221 E VIA DE VENTURA
SCOTTSDALE, AZ 85258
* $ -1,000 2 $ 420,000
Community State Bank
817 N ANKENY BLVD
ANKENY, IA 50023
* $ 1,277,978,000 2 $ 470,000
Availa Bank
126 W 6TH ST
CARROLL, IA 51401
* $ 1,545,185,000 2 $ 140,000
Encompass Lending Group, L.P.
23108 SEVEN MEADOWS PKWY SUITE 100
KATY, TX 77494
* $ -1,000 2 $ 370,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ -1,000 2 $ 360,000
Endeavor Capital, LLC
14897 CLAYTON ROAD
CHESTERFIELD, MO 63017
* $ -1,000 2 $ 410,000
Journey Credit Union
1400 2ND AVE
DES MOINES, IA 50314
* $ 84,845,000 2 $ 180,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 2 $ 400,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 552,307,127,000 2 $ 130,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 2 $ 270,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 2 $ 200,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 1 $ 65,000
Earlham Savings Bank
7300 LAKE DRIVE
WEST DES MOINES, IA 50266
* $ 377,481,000 1 $ 365,000
Bank
1403 S. ROOSEVELT
WAPELLO, IA 52653
* $ 115,303,000 1 $ 35,000
South Story Bank & Trust
501 LINN ST
SLATER, IA 50244
* $ 437,379,000 1 $ 25,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 265,000
Ally Bank

CHARLOTTE, NC 28202
* $ 181,890,000,000 1 $ 285,000
Community Savings Bank
PO BOX 77
EDGEWOOD, IA 52402
* $ 545,780,000 1 $ 385,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 1 $ 265,000
Contract Exchange Corporation
425 2ND ST SE #370
CEDAR RAPIDS, IA 52401
* $ -1,000 1 $ 115,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 35,526,360,000 1 $ 25,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 16,117,865,000 1 $ 15,000
Farmers State Bank
131 TOWER PARK DRIVE SUITE 100
WATERLOO, IA 50701
* $ 1,542,625,000 1 $ 385,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 105,000
West Gate Bank
6003 OLD CHENEY ROAD
LINCOLN, NE 68516
* $ 1,121,085,000 1 $ 365,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ 2,192,809,000 1 $ 365,000
Financial Plus Credit Union
1831 25TH STREET
WEST DES MOINES, IA 50266
* $ 215,314,000 1 $ 15,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 195,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 1 $ 75,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 206,289,179,000 1 $ 85,000
Arvest Bank

TULSA, OK 74103
* $ 26,441,420,000 1 $ 25,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 205,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 1 $ 165,000
Home State Bank
115 W STATE ST
JEFFERSON, IA 50129
* $ 370,101,000 1 $ 175,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ -1,000 1 $ 305,000
Farmers Savings Bank
205 W MAIN ST
MARSHALLTOWN, IA 50158
* $ 139,551,000 1 $ 395,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 1 $ 155,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 154,203,000,000 1 $ 2,075,000
Jmac Lending, Inc.
2510 RED HILL AVENUE
SANTA ANA, CA 92705
* $ -1,000 1 $ 105,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ -1,000 1 $ 175,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 1 $ 185,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 1 $ 85,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 780,976,000 1 $ 305,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 165,000
Cbi Bank & Trust
301 IOWA AVE
MUSCATINE, IA 52761
* $ 1,114,078,000 1 $ 285,000
River Valley Credit Union
2811 E 13TH STREET
AMES, IA 50010
* $ 93,267,000 1 $ 65,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 1 $ 255,000
Amcap Mortgage, Ltd.
9999 BELLAIRE BLVD., SUITE 700
AUSTIN, TX 77036
* $ -1,000 1 $ 145,000
Premier Lending Alliance
8831THOMAS AVE. SUITE 100
JOHNSTON, IA 50131
* $ -1,000 1 $ 145,000
Keystone Savings Bank
81 MAIN STREET, PO BOX 367
KEYSTONE, IA 52249
* $ 169,127,000 1 $ 255,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 1 $ 165,000
Bankwest, Inc.
420 S. PIERRE STREET, PO BOX 998
PIERRE, SD 57501
* $ 1,576,681,000 1 $ 205,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ -1,000 1 $ 215,000
Westside State Bank
401 1ST STREET
WESTSIDE, IA 51467
* $ 175,807,000 1 $ 75,000
Iowa State Bank
627 E LOCUST ST
DES MOINES, IA 50309
* $ 467,069,000 1 $ 25,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ -1,000 1 $ 435,000
Lendage, LLC dba Achieve Loans
1875 S GRANT ST
SAN MATEO, CA 94402
* $ -1,000 1 $ 45,000
Lafayette Federal Credit Union
2701 TOWER OAKS BLVD.,
ROCKVILLE, MD 20852
* $ 1,746,039,000 1 $ 35,000
Nexbank
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ 14,304,653,000 1 $ 405,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 375,000
First Fed Bank
105 W 8TH ST
PORT ANGELES, WA 98362
* $ 2,019,046,000 1 $ 25,000

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

Mortgage Loan Application Detail Totals for Jasper County, IA 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 779 $146,435,000 $187,000 $2,075,000 $86,000 $545,000
Cash-out Refinancing 212 $29,620,000 $139,000 $645,000 $121,000 $6,970,000
Other Purpose 169 $9,115,000 $53,000 $435,000 $95,000 $646,000
Refinancing 167 $24,455,000 $146,000 $725,000 $132,000 $5,541,000
Home Improvement 153 $8,375,000 $54,000 $275,000 $93,000 $286,000
Not Applicable 5 $475,000 $95,000 $225,000 $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 1,176 $163,160,000 $138,000 $805,000 $100,000 $6,970,000
Not applicable 181 $38,835,000 $214,000 $2,075,000 $147,000 $260,000
Not Provided 86 $10,810,000 $125,000 $645,000 $93,000 $325,000
Hispanic 22 $2,990,000 $135,000 $485,000 $84,000 $300,000
Black or African American 10 $1,280,000 $128,000 $255,000 $76,000 $122,000
American Indian or Alaskan Native 4 $520,000 $130,000 $245,000 $72,000 $130,000
Asian 3 $475,000 $158,000 $355,000 $94,000 $137,000
Native Hawaiian or Other Pacific Islander 2 $190,000 $95,000 $185,000 $81,000 $81,000

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) 1,028 $129,130,000 $125,000 $2,075,000 $109,000 $6,970,000
FHA-insured (Federal Housing Administration) 251 $47,135,000 $187,000 $485,000 $70,000 $222,000
VA-guaranteed (Veterans Administration) 109 $26,935,000 $247,000 $775,000 $84,000 $270,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 97 $15,275,000 $157,000 $355,000 $66,000 $109,000

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 899 $134,605,000 $149,000 $2,075,000 $109,000 $6,970,000
Application Withdrawn By Applicant 177 $25,515,000 $144,000 $805,000 $87,000 $528,000
Application Denied By Financial Institution 168 $16,510,000 $98,000 $455,000 $65,000 $224,000
Loan Purchased By The Institution 165 $33,465,000 $202,000 $725,000 $105,000 $260,000
File Closed For Incompleteness 50 $5,130,000 $102,000 $265,000 $70,000 $165,000
Application Approved But Not Accepted 25 $3,155,000 $126,000 $605,000 $107,000 $428,000
Preapproval Denied by Financial Institution 1 $95,000 $95,000 $95,000 $76,000 $76,000
Preapproval Approved but not Accepted 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 1,229 $188,135,000 $153,000 $2,075,000 $104,000 $6,970,000
Debt-To-Income Ratio 135 $18,015,000 $133,000 $625,000 $88,000 $357,000
Credit History 56 $4,200,000 $75,000 $385,000 $63,000 $154,000
Collateral 22 $2,040,000 $92,000 $245,000 $84,000 $220,000
Credit Application Incomplete 11 $1,485,000 $135,000 $335,000 $82,000 $224,000
Other 11 $1,485,000 $135,000 $445,000 $77,000 $180,000
Unverifiable Information 7 $1,055,000 $150,000 $445,000 $40,000 $99,000
Employment History 7 $915,000 $130,000 $205,000 $39,000 $111,000
Insufficient Cash (Downpayment, Closing Cost) 7 $1,145,000 $163,000 $455,000 $66,000 $95,000
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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