Kanabec County, MN Mortgage Lenders & HMDA Data, 2015

In 2015, lenders reported 751 mortgage applications in Kanabec County, MN totaling $89.9 million, up 28% from 2014. The average application was for $119,000, and applicants reported an average income of $59,000. 52% of applications resulted in an originated loan and 20% were denied. The most active lender was Wells Fargo Bank NA, with 74 applications, followed by Neighborhood National Bank and Blaze 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 751
Total Mortgage Loan Application Amount $89,874,000
Average Mortgage Loan Application Amount $119,000
Highest Mortgage Loan Application Amount $950,000
Average Applicant Income $59,000
Highest Applicant Income $321,000

Mortgage Company List for Lending in Kanabec County, MN for 2015

* 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
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,532,784,000,000 74 $ 9,391,000
Neighborhood National Bank
45 NORTH UNION
MORA, MN 55051
* $ 167,722,000 49 $ 4,202,000
Blaze Credit Union
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ 777,746,000 39 $ 2,674,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 398,978,359,000 35 $ 3,791,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ 35,475,880,000 24 $ 2,689,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,576,587,000 21 $ 2,141,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,074,981,000,000 20 $ 2,788,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ 4,028,990,000 19 $ 2,921,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 16 $ 2,103,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 3,271,040,000 15 $ 2,465,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,685,931,000 15 $ 1,951,000
Members Cooperative Credit Union
4628 MIKE COLALILLO DR
DULUTH, MN 55816
* $ 419,314,000 14 $ 1,210,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 14 $ 2,679,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 14 $ 1,855,000
Northview Bank
510 MAIN STREET
SANDSTONE, MN 55072
* $ 248,301,000 14 $ 1,705,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 26,653,631,000 14 $ 1,478,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 13 $ 1,850,000
Stearns Bank National Association
4191 2ND ST S
ST. CLOUD, MN 56301
* $ 1,763,816,000 12 $ 1,411,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,703,826,000 11 $ 946,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 10 $ 1,411,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 9 $ 1,043,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 9 $ 1,237,000
The First National Bank of Milaca
190 2ND AVE SW
MILACA, MN 56353
* $ 187,056,000 9 $ 947,000
Flagstar Bank
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 9,779,461,000 8 $ 1,290,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 8 $ 311,000
Minnco Credit Union
235 WEST 1ST AVENUE
CAMBRIDGE, MN 55008
* $ 217,756,000 7 $ 708,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ 1,603,436,000 7 $ 1,116,000
Town & Country Banc Mortgage Services, Inc.
3601 W WABASH AVE
SPRINGFIELD, IL 62711
* $ 497,841,000 7 $ 1,034,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,356,442,000,000 7 $ 1,093,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,574,093,000,000 6 $ 679,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ 100,000,000 6 $ 573,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 6 $ 558,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,518,754,000 5 $ 599,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ 10,000,000 5 $ 309,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 5 $ 645,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 5 $ 691,000
Mld Mortgage, Inc.Dba the Money Store
30 B VREELAND ROAD
FLORHAM PARK, NJ 07932
* $ 11,886,522,000 4 $ 383,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 4 $ 493,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 4 $ 733,000
Homeservices Lending, LLC
2700 WESTOWN PARKWAY, SUITE 345
WEST DES MOINES, IA 50266
* $ 25,000,000 4 $ 449,000
Hiway Credit Union
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 957,395,000 4 $ 314,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,680,579,000 4 $ 450,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 4 $ 637,000
Connexus Credit Union
2600 PINE RIDGE
WAUSAU, WI 54401
* $ 996,318,000 4 $ 324,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 4 $ 361,000
Marketplace Home Mortgage, LLC
7380 FRANCE AVE S, STE 200
EDINA, MN 55435
* $ 34,593,007,000 3 $ 366,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 3 $ 347,000
First Option Mortgage, LLC
1100 CIRCLE 75 PARKWAY SOUTH EAST SUITE 300
ATLANTA, GA 30339
* $ 941,000 3 $ 372,000
American Lending Solutions LLC
N4365 STATE HWY 73
COLUMBUS, WI 53925
* $ 10,861,469,000 3 $ 444,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ 10,000,000 3 $ 399,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ 10,000,000 3 $ 622,000
Sentry Bank
400 4TH AVE NE
ST. JOSEPH, MN 56374
* $ 191,465,000 3 $ 125,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 3 $ 315,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ 10,000,000 3 $ 478,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 3 $ 354,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 3 $ 486,000
Bay Equity LLC

DETROIT, MI 48226
* $ 12,210,000 2 $ 391,000
Lake Area Bank
12790 FIRST AVE N - PO BOX 743
LINDSTROM, MN 55045
* $ 267,518,000 2 $ 123,000
Cambria Financial Group
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ 7,380,000 2 $ 263,000
American Bank of the North
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 550,685,000 2 $ 200,000
Liberty Savings Bank FSB
111 7TH AVE S
SAINT CLOUD, MN 56301
* $ 189,743,000 2 $ 200,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 2 $ 224,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 2 $ 135,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 2 $ 403,000
Discover Home Loans, Inc
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 83,125,845,000 2 $ 391,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 185,888,583,000 2 $ 324,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 95,920,564,000 2 $ 205,000
Trustone Financial Credit Union
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 963,267,000 2 $ 54,000
Home Federal Bank
225 S MAIN
SIOUX FALLS, SD 57104
* $ 1,261,060,000 2 $ 478,000
W. J. Bradley Mortgage Capital
6465 GREENWOOD PLAZA BLVD, SUITE 500
CENTENNIAL, CO 80111
* $ 10,000,000 2 $ 352,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 97,496,905,000 2 $ 190,000
Tcf National Bank
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 19,425,092,000 2 $ 146,000
Community Pride Bank
1441 BUNKER LAKE BLVD NE
HAM LAKE, MN 55304
* $ 94,647,000 2 $ 145,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 2 $ 200,000
Mortgage300 Corporation
10 SE CENTRAL PARKWAY SUITE 325
STUART, FL 34994
* $ 500,000 2 $ 207,000
Ks Statebank
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 1,291,449,000 2 $ 352,000
Sherburne State Bank
12500 SHERBURNE AVE
PO BOX 428, MN 55308
* $ 86,584,000 2 $ 385,000
Firstkey Lending, LLC
4 INTERNATIONAL DRIVE
RYE BROOK, NY 10573
* $ 112,612,000 1 $ 78,000
Novation Credit Union
500 IMPERIAL AVE
OAKDALE, MN 55128
* $ 106,611,000 1 $ 162,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 1 $ 42,000
Woodlands National Bank
122 EAST MAIN STREET P.O. BOX 190
HINCKLEY, MN 55037
* $ 153,492,000 1 $ 126,000
BNC National Bank

BISMARCK, ND 58501
* $ 933,532,000 1 $ 136,000
Falcon National Bank
183 CEDAR DRIVE
FOLEY, MN 56329
* $ 172,091,000 1 $ 90,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 1 $ 142,000
North Shore Bank of Commerce
131 WEST SUPERIOR STREET
DULUTH, MN 55802
* $ 245,076,000 1 $ 100,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 447,877,000 1 $ 189,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 1 $ 118,000
Ntfn, Inc.
700 STATE HIGHWAY 121, SUITE 100
PLANO, TX 75067
* $ 10,000,000 1 $ 236,000
Cornerstone Home Lending, Inc.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ 57,509,481,000 1 $ 290,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 1 $ 175,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 140,000
Megastar Finanacial Corp
1080 CHEROKEE STREET
DENVER, CO 80204
* $ 10,000,000 1 $ 140,000
Mortgages Unlimited Inc.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ 1,518,000 1 $ 228,000
Rescue Mortgage Inc
10740 LYNDALE AVE S, SUITE 19E
BLOOMINGTON, MN 55420
* $ 1,507,000 1 $ 154,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 1 $ 127,000
Bankvista
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ 148,816,000 1 $ 166,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 1 $ 120,000
National Asset Mortgage, LLC
4350 ST. ANDREWS RD.; SUITE F
COLUMBIA, SC 29210
* $ 3,392,190,000 1 $ 42,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ 52,388,000 1 $ 190,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 1 $ 245,000
Numark Credit Union
1654 TERRY DR; P O BOX 2729
JOLIET, IL 60434
* $ 202,275,000 1 $ 29,000
Ideal Credit Union
8499 TAMARACK ROAD
WOODBURY, MN 55125
* $ 587,559,000 1 $ 121,000
Hometown Bank
1000 EAST COOK STREET
REDWOOD FALLS, MN 56283
* $ 233,465,000 1 $ 95,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 972,551,000 1 $ 204,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ 826,484,000 1 $ 177,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ 10,000,000 1 $ 58,000
Cambridge State Bank
124 S MAIN ST
CAMBRIDGE, MN 55008
* $ 67,291,000 1 $ 90,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 2,727,490,000 1 $ 25,000
State Bank of New Prague
1101 FIRST STREET SE
NEW PRAGUE, MN 56071
* $ 112,590,000 1 $ 30,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 1 $ 92,000
Bremer Bank, NA
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 9,158,286,000 1 $ 140,000
Building Trades Federal Credit Union
12080 73RD AVE N
MAPLE GROVE, MN 55369
* $ 118,604,000 1 $ 15,000
Great River Federal CU
1532 W ST GERMAIN STREET
ST CLOUD, MN 56301
* $ 153,961,000 1 $ 99,000
Royal Credit Union
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54702
* $ 1,543,002,000 1 $ 203,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 668,685,000 1 $ 37,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 182,489,046,000 1 $ 100,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 63,635,411,000 1 $ 150,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 67,301,894,000 1 $ 170,000
Liberty Savings Bank, FSB
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 607,236,000 1 $ 114,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 136,279,317,000 1 $ 128,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 21,610,491,000 1 $ 216,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 1 $ 88,000
Lend Smart Mortgage, LLC
3450 LEXINGTON AVE N
OAKDALE, MN 55126
* $ 2,304,353,000 1 $ 89,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 1 $ 151,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 1 $ 117,000
Lennar Mortgage, LLC
5505 WATERFORD DISTRICT DRIVE SUITE 505
MIAMI, FL 33126
* $ 31,000,000 1 $ 149,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 1 $ 106,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 1 $ 173,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 1 $ 257,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 214,371,000 1 $ 8,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 451,471,000 1 $ 25,000
Tiaa-Cref Trust Company FSB
211 NORTH BROADWAY, STE 1000
ST. LOUIS, MO 63102
* $ 2,458,381,000 1 $ 80,000
The First National Bank of Moose Lake
400 ELM AVENUE PO BOX 429
MOOSE LAKE, MN 55767
* $ 78,220,000 1 $ 92,000
Bank of Maple Plain
4980 HIGHWAY 12, P.O. BOX 279
MAPLE PLAIN, MN 55359
* $ 84,496,000 1 $ 125,000
Security State Bank of Marine
120 JUDD STREET
MARINE ON ST CROIX, MN 55047
* $ 120,457,000 1 $ 200,000
Kleinbank
301 CHESTNUT ST
CHASKA, MN 55318
* $ 1,832,482,000 1 $ 217,000
First Minnesota Bank
4625 COUNTY ROAD 101
MINNETONKA, MN 55345
* $ 403,671,000 1 $ 81,000
American Portfolio Mortgage Corporation
800 EAST NORTHWEST HIGHWAY
PALATINE, IL 60067
* $ 9,427,000 1 $ 200,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 1 $ 234,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 1 $ 142,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 1 $ 170,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 116,000

The tables below break down 2015 mortgage applications in Kanabec County, MN by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Kanabec County, MN in 2015

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 368 $43,571,000 $118,000 $333,000 $56,000 $321,000
Refinancing 330 $43,283,000 $131,000 $950,000 $60,000 $250,000
Home Improvement 53 $3,020,000 $56,000 $250,000 $70,000 $317,000

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 592 $69,664,000 $117,000 $950,000 $64,000 $321,000
Not Provided 73 $9,196,000 $125,000 $330,000 $63,000 $152,000
Not applicable 67 $8,703,000 $129,000 $275,000 $8,000 $123,000
Asian 7 $928,000 $132,000 $240,000 $58,000 $119,000
Hispanic 7 $877,000 $125,000 $178,000 $45,000 $70,000
American Indian or Alaskan Native 4 $381,000 $95,000 $248,000 $43,000 $63,000
Black or African American 1 $125,000 $125,000 $125,000 $125,000 $125,000
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) 517 $58,114,000 $112,000 $950,000 $68,000 $321,000
FHA-insured (Federal Housing Administration) 134 $16,339,000 $121,000 $263,000 $39,000 $128,000
VA-guaranteed (Veterans Administration) 54 $9,285,000 $171,000 $290,000 $47,000 $129,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 46 $6,136,000 $133,000 $315,000 $29,000 $84,000

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 389 $46,252,000 $118,000 $333,000 $67,000 $321,000
Application Denied By Financial Institution 149 $17,704,000 $118,000 $950,000 $60,000 $250,000
Loan Purchased By The Institution 88 $12,006,000 $136,000 $275,000 $24,000 $165,000
Application Withdrawn By Applicant 84 $9,483,000 $112,000 $330,000 $56,000 $141,000
Application Approved But Not Accepted 22 $2,098,000 $95,000 $296,000 $60,000 $133,000
File Closed For Incompleteness 19 $2,331,000 $122,000 $231,000 $62,000 $193,000
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
Collateral 31 $4,705,000 $151,000 $417,000 $83,000 $250,000
Debt-To-Income Ratio 26 $2,972,000 $114,000 $280,000 $40,000 $119,000
Credit History 16 $2,197,000 $137,000 $950,000 $49,000 $119,000
Credit Application Incomplete 12 $1,971,000 $164,000 $240,000 $71,000 $146,000
Other 5 $599,000 $119,000 $235,000 $94,000 $144,000
Unverifiable Information 2 $135,000 $67,000 $85,000 $46,000 $70,000
Employment History 2 $167,000 $83,000 $85,000 $47,000 $58,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
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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