Judith Basin County, MT Mortgage Lenders & HMDA Data, 2010

In 2010, lenders reported 54 mortgage applications in Judith Basin County, MT totaling $7.1 million, down 10% from 2009. The average application was for $130,000, and applicants reported an average income of $87,000. 50% of applications resulted in an originated loan and 20% were denied. The most active lender was Wells Fargo Bank, NA, with 16 applications, followed by Stockman Bank of Montana and Wells Fargo Funding, Inc.

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Total Number of Mortgage Applications 54
Total Mortgage Loan Application Amount $7,053,000
Average Mortgage Loan Application Amount $130,000
Highest Mortgage Loan Application Amount $475,000
Average Applicant Income $87,000
Highest Applicant Income $1,221,000
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Top Mortgage Lenders in Judith Basin County, MT (2010)

Ranked by the number of mortgage applications each lender reported in Judith Basin County, MT in 2010.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Wells Fargo Bank, NA
Winston-Salem, NC
16 $1,717,000 $107,000 $62,000
2 Stockman Bank of Montana
Miles City, MT
5 $829,000 $165,000 $124,000
3 Wells Fargo Funding, Inc
Winston-Salem, NC
4 $520,000 $130,000 $55,000
4 PHH Mortgage Corporation
West Palm Beach, FL
4 $572,000 $143,000 $30,000
5 Universal Lending Corporation
Denver, CO
2 $204,000 $102,000 $70,000
6 Agwest Farm Credit, Flca
Spokane, WA
2 $621,000 $310,000 $155,000
7 First Interstate Bank
Billings, MT
2 $114,000 $57,000 $642,000
8 Citifinancial, Inc.
Baltimore, MD
2 $85,000 $42,000 $27,000
9 Western Security Bank
Billings, MT
2 $327,000 $163,000 $83,000
10 Bank of America, N.A.
Calabasas, CA
2 $253,000 $126,000 $34,000

See every lender active in Judith Basin County, MT in 2010 »

The tables below break down 2010 mortgage applications in Judith Basin County, MT by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Judith Basin County, MT in 2010

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 37 $5,044,000 $136,000 $475,000 $66,000 $231,000
Home Purchase 13 $1,617,000 $124,000 $410,000 $152,000 $1,221,000
Home Improvement 4 $392,000 $98,000 $161,000 $66,000 $85,000

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 47 $6,153,000 $130,000 $475,000 $90,000 $1,221,000
Not Provided 4 $567,000 $141,000 $410,000 $99,000 $243,000
Not applicable 2 $311,000 $155,000 $242,000 $0 $0
Black or African American 1 $22,000 $22,000 $22,000 $39,000 $39,000
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) 39 $5,391,000 $138,000 $475,000 $103,000 $1,221,000
FHA-insured (Federal Housing Administration) 10 $1,196,000 $119,000 $210,000 $46,000 $88,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3 $209,000 $69,000 $87,000 $31,000 $31,000
VA-guaranteed (Veterans Administration) 2 $257,000 $128,000 $195,000 $50,000 $71,000

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 27 $4,185,000 $155,000 $475,000 $130,000 $1,221,000
Application Denied By Financial Institution 11 $1,005,000 $91,000 $252,000 $48,000 $136,000
Loan Purchased By The Institution 8 $1,161,000 $145,000 $242,000 $36,000 $82,000
Application Withdrawn By Applicant 5 $424,000 $84,000 $195,000 $44,000 $62,000
Application Approved But Not Accepted 3 $278,000 $92,000 $222,000 $46,000 $74,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
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
Collateral 2 $459,000 $229,000 $252,000 $95,000 $136,000
Other 1 $66,000 $66,000 $66,000 $14,000 $14,000
Credit History 1 $25,000 $25,000 $25,000 $88,000 $88,000
Debt-To-Income Ratio 1 $195,000 $195,000 $195,000 $68,000 $68,000
Employment History 1 $35,000 $35,000 $35,000 $31,000 $31,000
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
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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