Knox County, IL Mortgage Lenders & HMDA Data, 2013

In 2013, lenders reported 1,930 mortgage applications in Knox County, IL totaling $217.5 million, up 13% from 2012. The average application was for $112,000, and applicants reported an average income of $68,000. 64% of applications resulted in an originated loan and 16% were denied. The most active lender was Farmers & Mechanics Bank, with 405 applications, followed by Wells Fargo Bank NA and I H Mississippi Valley 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 1,930
Total Mortgage Loan Application Amount $217,494,000
Average Mortgage Loan Application Amount $112,000
Highest Mortgage Loan Application Amount $31,932,000
Average Applicant Income $68,000
Highest Applicant Income $1,020,000

Mortgage Company List for Lending in Knox County, IL for 2013

* 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
Farmers & Mechanics Bank
21 E MAIN ST
GALESBURG, IL 61401
* $ 275,214,000 405 $ 31,386,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,266,125,000,000 362 $ 25,747,000
I H Mississippi Valley Credit Union
2121 47TH STREET
MOLINE, IL 61265
* $ 868,315,000 172 $ 8,965,000
Midwest Bank
200 EAST BROADWAY, P.O. BOX 440
MONMOUTH, IL 61462
* $ 412,260,000 126 $ 9,788,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 7,984,323,000 87 $ 5,803,000
United Community Bank
104 N MACOUPIN
CHATHAM, IL 62629
* $ 953,650,000 61 $ 5,399,000
First Mid Bank and Trust, NA
1515 CHARLESTON AVE, PO BOX 499
MATTOON, IL 61938
* $ 1,569,951,000 58 $ 5,161,000
Heritage Credit Union
1212 HUXLEY STREET
MADISON, WI 53704
* $ 226,538,000 57 $ 3,398,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,896,773,000,000 40 $ 3,973,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,313,401,000,000 25 $ 1,922,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 23,260,580,000 20 $ 2,384,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 20 $ 1,715,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 20 $ 1,461,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 345,088,616,000 18 $ 1,995,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 14 $ 1,047,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ 826,484,000 13 $ 1,066,000
Farmers State Bank of Western Illinois
PO BOX 369
ALPHA, IL 61413
* $ 125,965,000 13 $ 1,011,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 119,444,656,000 12 $ 1,069,000
Busey Bank
100 W UNIVERSITY AVE
CHAMPAIGN, IL 61820
* $ 3,581,292,000 12 $ 1,497,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 11 $ 880,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,474,077,383,000 10 $ 1,210,000
Vibrant Credit Union
1900 52ND AVE
MOLINE, IL 61265
* $ 457,855,000 10 $ 987,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 10 $ 1,134,000
Triumph Community Bank NA
2040 1ST STREET A
MOLINE, IL 61265
* $ 938,810,000 9 $ 85,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 9 $ 1,105,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 9 $ 1,128,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 58,597,476,000 9 $ 886,000
Heritage Bank of Central Il
615 N TRIVOLI
TRIVOLI, IL 61569
* $ 291,859,000 8 $ 991,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 7 $ 961,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 7 $ 573,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 7 $ 689,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 7 $ 1,010,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,247,622,000 7 $ 676,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 18,212,833,000 6 $ 382,000
Herget Bank National Associati
33 S 4TH STREET
PEKIN, IL 61554
* $ 259,069,000 6 $ 729,000
First Bank
11901 OLIVE BOULEVARD
SAINT LOUIS, MO 63141
* $ 6,473,889,000 6 $ 589,000
Illini Bank
3200 W. ILES AVENUE
SPRINGFIELD, IL 62711
* $ 259,651,000 5 $ 642,000
Heartland Bank & Trust Company
401 N HERSHEY RD
BLOOMINGTON, IL 61704
* $ 2,927,655,000 5 $ 766,000
Community State Bank
625 SE 2ND ST
GALVA, IL 61434
* $ 136,504,000 5 $ 540,000
National Penn Bank
PO BOX 547
BOYERTOWN, PA 19512
* $ 8,347,902,000 5 $ 20,000
State Bank of Toulon
102 W MAIN STREET, PO BOX 609
TOULON, IL 61483
* $ 199,784,000 5 $ 212,000
Fortress Bank
9000 N. KNOXVILLE AVENUE
PEORIA, IL 61615
* $ 272,002,000 5 $ 481,000
South Side Trust & Savings Bank of Peoria
2119 S.W. ADAMS
PEORIA, IL 61602
* $ 662,447,000 4 $ 492,000
Illinois State Police Federal Credit Union
730 ENGINEERING AVE.
SPRINGFIELD, IL 62703
* $ 87,109,000 4 $ 105,000
American Portfolio Mortgage Corporation
800 EAST NORTHWEST HIGHWAY
PALATINE, IL 60067
* $ 9,427,000 4 $ 437,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ 603,000 4 $ 282,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 295,026,390,000 4 $ 504,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 52,436,123,000 4 $ 663,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 120,420,787,000 3 $ 379,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 119,444,656,000 3 $ 140,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ 10,000,000 3 $ 331,000
Prospect Mortgage, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 3 $ 241,000
Morton Community Bank
721 W. JACKSON
MORTON, IL 61550
* $ 2,726,506,000 3 $ 668,000
Discover Home Loans, Inc.
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 73,491,315,000 3 $ 538,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 169,076,807,000 3 $ 261,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 196,979,000 3 $ 43,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ 10,000,000 3 $ 447,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 429,180,000 3 $ 438,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 3 $ 491,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 3 $ 367,000
Chicago Mortgage Solutions LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ 10,000,000 3 $ 613,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 589,329,000 3 $ 53,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 3 $ 443,000
State Bank of Speer
14 MAIN ST. P.O. BOX 37
SPEER, IL 61479
* $ 194,698,000 3 $ 390,000
Iaa Credit Union
808 IAA DRIVE
BLOOMINGTON, IL 61701
* $ 188,957,000 2 $ 199,000
Valley Bank
3455 AVENUE OF THE CITIES
MOLINE, IL 61265
* $ 589,218,000 2 $ 277,000
Central Bank Illinois
101 N STATE ST
GENESEO, IL 61254
* $ 468,586,000 2 $ 332,000
Cibm Bank
19601 WEST BLUEMOUND ROAD
BROOKFIELD, WI 53045
* $ 470,957,000 2 $ 605,000
Farmers State Bank
PO BOX 620
ELMWOOD, IL 61529
* $ 58,117,000 2 $ 117,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 2 $ 197,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 270,671,000 2 $ 188,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 2 $ 87,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ 35,475,880,000 2 $ 93,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 2 $ 313,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 478,049,000 2 $ 124,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 2 $ 226,000
Residential Finance Corporatio
1 EASTON OVAL #400
COLUMBUS, OH 43219
* $ 17,533,484,000 2 $ 172,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 2 $ 224,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ 101,315,000 2 $ 213,000
American Fidelity Mortgage Services, Inc.

WHEATON, IL 60189
* $ 10,000,000 2 $ 185,000
Reverse Mortgage Solutions Inc
14405 WALTERS RD SUITE 200
HOUSTON, TX 77014
* $ 10,978,000 2 $ 60,215,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 2 $ 96,000
Midwest Heritage Bank FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ 164,424,000 2 $ 212,000
Bbmc Mortgage, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 2 $ 246,000
Cole Taylor Bank
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 5,784,213,000 2 $ 42,000
Dutrac Community Credit Union
P O BOX 3250
DUBUQUE, IA 52004
* $ 551,537,000 2 $ 675,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 2 $ 341,000
First Federal Savings & Loan A
101 WEST CENTRAL BLVD
KEWANEE, IL 61443
* $ 71,570,000 2 $ 177,000
Boulevard Bank
111 E.MAIN STREET
NEOSHO, MO 64850
* $ 164,959,000 2 $ 24,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 646,232,000 2 $ 25,000
Farmers National Bank
114 W THIRD ST
PROPHETSTOWN, IL 61277
* $ 504,504,000 2 $ 255,000
Town & Country Banc Mortgage Services, Inc.
3601 W WABASH AVE
SPRINGFIELD, IL 62711
* $ 237,850,000 2 $ 468,000
Flagstar Bank NA

TROY, MI 49098
* $ 14,069,057,000 2 $ 309,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 16,553,533,000 2 $ 198,000
The Bank of Edwardsville
330 W VANDALIA
EDWARDSVILLE, IL 62025
* $ 1,617,933,000 2 $ 323,000
Better Banks
10225 N KNOXVILLE AVE
PEORIA, IL 61615
* $ 231,384,000 1 $ 32,000
Commerce Bank
922 WALNUT, TB 12-1
KANSAS CITY, MO 64106
* $ 22,017,122,000 1 $ 147,000
Kinecta Federal Credit Union
1440 ROSECRANS AVE
MANHATTAN BEACH, CA 90266
* $ 3,170,136,000 1 $ 144,000
Firstmerit Bank NA
III CASCADE PLAZA - CAS46
AKRON, OH 44308
* $ 14,901,417,000 1 $ 182,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 95,264,963,000 1 $ 92,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 6,680,971,000 1 $ 217,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 94,795,926,000 1 $ 104,000
Jacksonville Savings Bank
1211 WEST MORTON AVE
JACKSONVILLE, IL 62650
* $ 321,402,000 1 $ 94,000
First National Bank of Layton
1601 N. HILLFIELD ROAD
LAYTON, UT 84041
* $ 268,686,000 1 $ 45,000
First Financial Bank NA
1401 S. THIRD ST.
TERRE HAUTE, IN 47802
* $ 2,793,023,000 1 $ 107,000
Firstmerit Mortgage Corp
4455 HILLS AND DALES RD. NW - MTG80
CANTON, OH 44708
* $ 6,000,000,000 1 $ 182,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,864,946,000 1 $ 1,000
Nationwide Bank
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 5,164,405,000 1 $ 18,000
Guaranty Bank
501 W NORTHSHORE DR. SUITE 400
GLENDALE, WI 53217
* $ 1,134,936,000 1 $ 356,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,105,077,000 1 $ 80,000
Terrace Mortgage Company
900 ASHWOOD PKWY. STE. 130
ATLANTA, GA 30338
* $ 40,450,000 1 $ 253,000
Peoples Home Equity
5205 MARYLAND WAY SUITE 100
BRENTWOOD, TN 37027
* $ 1,065,000 1 $ 102,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 1 $ 138,000
Town and Country Bank
3601 W WABASH AVE
SPRINGFIELD, IL 62711
* $ 367,042,000 1 $ 93,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 1 $ 256,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 1 $ 58,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 1 $ 107,000
American Equity Mortgage, Inc.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 1 $ 135,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 1 $ 83,000
Southeast National Bank
3535 AVENUE OF THE CITIES
MOLINE, IL 61265
* $ 149,661,000 1 $ 334,000
American B&T C, N.A.
4301 E 53RD STREET
DAVENPORT, IA 52807
* $ 399,280,000 1 $ 182,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 1 $ 123,000
Caliber Funding LLC
6031 CONNECTION DRIVE, SUITE 200
IRVING, TX 75039
* $ 37,112,000 1 $ 116,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 1 $ 107,000
Newrez Ventures LLC
4000 W. BROWN DEER ROAD
SPRINGFIELD, IL 53209
* $ 1,270,503,000 1 $ 356,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ 10,000,000 1 $ 179,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 141,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ 37,000,000 1 $ 81,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ 52,388,000 1 $ 56,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ 100,000,000 1 $ 155,000
University of Illinois Community Credit Union
2201 S FIRST ST
CHAMPAIGN, IL 61820
* $ 278,645,000 1 $ 256,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 1 $ 172,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 1 $ 36,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 1 $ 64,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 1 $ 109,000
Ditech Mortgage Corp
1100 VIRGINIA DRIVE, SUITE 100
FT. WASHINGTON, PA 19034
* $ 5,720,000 1 $ 32,000
Bankorion
1114 4TH STREET
ORION, IL 61273
* $ 418,678,000 1 $ 62,000
Citizens Equity First Credit U
5401 W DIRKSEN PKWY
PEORIA, IL 61607
* $ 4,794,270,000 1 $ 91,000
State Bank of Graymont
204 MAIN STREET
GRAYMONT, IL 61743
* $ 199,503,000 1 $ 30,000
Coca-Cola Federal Credit Union
ONE COCA-COLA PLAZA NW
ATLANTA, GA 30313
* $ 157,462,000 1 $ 113,000
Brimfield Bank
123 E. KNOXVILLE STREET
BRIMFIELD, IL 61517
* $ 52,383,000 1 $ 48,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,281,268,000 1 $ 143,000
First Bankers Trust Company
505 NORTH 24TH STREET
QUINCY, IL 62301
* $ 796,436,000 1 $ 386,000
Montgomery Bank
P.O. BOX 948
SIKESTON, MO 63801
* $ 907,004,000 1 $ 168,000
Woodforest National Bank
25231 GROGAN'S MILL ROAD
THE WOODLANDS, TX 77380
* $ 3,701,612,000 1 $ 15,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 209,365,000 1 $ 36,000
First State Bank of Forrest
133 E. KRACK ST.
FORREST, IL 61741
* $ 130,925,000 1 $ 88,000

The tables below break down 2013 mortgage applications in Knox 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 Knox County, IL in 2013

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 1,087 $156,117,000 $143,000 $31,932,000 $69,000 $1,020,000
Home Purchase 620 $54,709,000 $88,000 $417,000 $66,000 $468,000
Home Improvement 223 $6,668,000 $29,000 $284,000 $67,000 $586,000

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 1,668 $133,260,000 $79,000 $476,000 $70,000 $1,020,000
Not applicable 87 $71,025,000 $816,000 $31,932,000 $34,000 $349,000
Not Provided 72 $6,160,000 $85,000 $260,000 $70,000 $300,000
Black or African American 46 $2,878,000 $62,000 $293,000 $43,000 $114,000
Hispanic 40 $2,288,000 $57,000 $344,000 $56,000 $190,000
Asian 8 $1,211,000 $151,000 $437,000 $172,000 $696,000
Native Hawaiian or Other Pacific Islander 5 $295,000 $59,000 $85,000 $31,000 $44,000
American Indian or Alaskan Native 4 $377,000 $94,000 $139,000 $58,000 $77,000

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) 1,538 $123,154,000 $80,000 $3,600,000 $76,000 $1,020,000
FHA-insured (Federal Housing Administration) 245 $80,097,000 $326,000 $31,932,000 $36,000 $175,000
VA-guaranteed (Veterans Administration) 107 $11,466,000 $107,000 $293,000 $40,000 $144,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 40 $2,777,000 $69,000 $166,000 $37,000 $65,000

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 1,227 $103,346,000 $84,000 $3,600,000 $74,000 $1,020,000
Application Denied By Financial Institution 307 $19,900,000 $64,000 $334,000 $54,000 $423,000
Loan Purchased By The Institution 138 $73,332,000 $531,000 $31,932,000 $50,000 $349,000
Application Withdrawn By Applicant 116 $10,281,000 $88,000 $325,000 $69,000 $284,000
Application Approved But Not Accepted 82 $6,218,000 $75,000 $377,000 $59,000 $286,000
File Closed For Incompleteness 59 $4,325,000 $73,000 $238,000 $64,000 $245,000
Preapproval Approved but not Accepted 1 $92,000 $92,000 $92,000 $84,000 $84,000
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 109 $5,059,000 $46,000 $290,000 $51,000 $162,000
Collateral 39 $3,549,000 $91,000 $334,000 $74,000 $423,000
Debt-To-Income Ratio 29 $2,241,000 $77,000 $265,000 $46,000 $94,000
Credit Application Incomplete 20 $1,509,000 $75,000 $166,000 $65,000 $200,000
Other 15 $732,000 $48,000 $110,000 $61,000 $168,000
Insufficient Cash (Downpayment, Closing Cost) 9 $594,000 $66,000 $140,000 $47,000 $92,000
Unverifiable Information 8 $462,000 $57,000 $96,000 $56,000 $133,000
Employment History 5 $643,000 $128,000 $311,000 $94,000 $355,000
Mortgage Insurance Denied 3 $194,000 $64,000 $86,000 $45,000 $51,000

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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