La Paz County, AZ Mortgage Lenders & HMDA Data, 2022

In 2022, lenders reported 537 mortgage applications in La Paz County, AZ totaling $119.6 million, down 38% from 2021. The average application was for $222,000, and applicants reported an average income of $102,000. 45% of applications resulted in an originated loan and 20% were denied. The most active lender was Nova Financial & Investment Corporation, with 53 applications, followed by 21st Mortgage and United Wholesale Mortgage.

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Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in Arizona.
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 537
Total Mortgage Loan Application Amount $119,625,000
Average Mortgage Loan Application Amount $222,000
Highest Mortgage Loan Application Amount $1,795,000
Average Applicant Income $102,000
Highest Applicant Income $1,244,000

Mortgage Company List for Lending in La Paz County, AZ for 2022

* 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
Nova Financial & Investment Corporation
6245 E. BROADWAY BLVD., SUITE 400
TUCSON, AZ 85711
* $ -1,000 53 $ 10,995,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 32 $ 4,620,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 25 $ 6,205,000
Zions Bancorporation, N.A.

DENVER, CO 80237
* $ 93,199,669,000 23 $ 2,765,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,779,504,000,000 21 $ 4,635,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 17 $ 3,585,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 16 $ 4,330,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 12 $ 1,640,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 10 $ 2,110,000
Horizon Community Bank, Inc.
225 N LAKE HAVASU AVENUE
LAKE HAVASU CITY, AZ 86403
* $ 539,484,000 9 $ 1,505,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 9 $ 2,685,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 8 $ 4,440,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,306,982,000,000 8 $ 1,940,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 564,154,604,000 8 $ 880,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 8 $ 2,000,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 7 $ 725,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ -1,000 7 $ 1,775,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 6 $ 2,760,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 6 $ 1,890,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 6 $ 1,690,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 6 $ 1,310,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 5 $ 1,095,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 5 $ 765,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 5 $ 1,115,000
Arizona Central Credit Union
2020 N CENTRAL AVE
PHOENIX, AZ 85004
* $ 741,587,000 5 $ 435,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 5 $ 1,725,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 5 $ 1,015,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 4 $ 780,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 4 $ 960,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 4 $ 640,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 3,655,190,000 4 $ 360,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 4 $ 1,370,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 3 $ 355,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 153,432,983,000 3 $ 655,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 3 $ 565,000
Amerifirst Financial, Inc.
1550 E. MCKELLIPS RD, SUITE 117
MESA, AZ 85203
* $ -1,000 3 $ 515,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 3 $ 315,000
Arizona Financial Credit Union
333 N 44TH ST
PHOENIX, AZ 85082
* $ 2,779,936,000 3 $ 385,000
Arvest Bank

TULSA, OK 74103
* $ 26,774,219,000 3 $ 415,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 3 $ 675,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 3 $ 385,000
Desert Financial Credit Union
148 N. 48TH ST.
PHOENIX, AZ 85034
* $ 8,206,373,000 3 $ 115,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 528,514,000,000 3 $ 835,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 3 $ 415,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 3 $ 975,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 3 $ 355,000
A. E. A. Federal Credit Union
1780 S 1ST AVENUE
YUMA, AZ 85364
* $ 318,499,000 3 $ 315,000
Citywide Home Loans, LLC

CHICAGO, IL 60613
* $ -1,000 3 $ 2,095,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 3 $ 1,485,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 3 $ 705,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 2 $ 260,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 2 $ 470,000
City National Bank
555 S FLOWER ST
LOS ANGELES, CA 90071
* $ 93,227,302,000 2 $ 1,010,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 796,563,000 2 $ 490,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,669,227,000,000 2 $ 370,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 2 $ 440,000
Mountain America Federal Credit Union
7181 SOUTH CAMPUS VIEW DRIVE
SANDY, UT 84091
* $ 14,019,893,000 2 $ 260,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 430,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 2 $ 360,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 2 $ 120,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 2 $ 380,000
Watermark Capital, Inc.
100 SPECTRUM CENTER DR STE 150
IRVINE, CA 92618
* $ -1,000 2 $ 410,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 2 $ 130,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 1,041,605,000 2 $ 420,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 2 $ 90,000
Pacific Lending LLC
4141 INLAND EMPIRE BLVD STE 160
ONTARIO, CA 91764
* $ -1,000 2 $ 550,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 1,046,473,000 2 $ 370,000
Mission Loans, LLC

IRVINE, CA 92612
* $ -1,000 2 $ 400,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 1,879,005,000 2 $ 410,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 2 $ 320,000
Mountain West Financial, Inc.
1209 NEVADA ST. SUITE 200
REDLANDS, CA 92374
* $ -1,000 2 $ 370,000
First Nations Home Finance Corporation
7330 ENGINEER ROAD, STE. #A
SAN DIEGO, CA 92111
* $ -1,000 2 $ 880,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 2 $ 410,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ -1,000 2 $ 550,000
Angel Oak Mortgage Solutions LLC
980 HAMMOND DRIVE, SUITE 850
ATLANTA, GA 30328
* $ -1,000 2 $ 2,210,000
Jmac Lending, Inc.
2510 RED HILL AVENUE
SANTA ANA, CA 92705
* $ -1,000 2 $ 450,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,519,525,000,000 2 $ 110,000
America First Federal Credit Union
4774 S 1300 W, BLDG 3
RIVERDALE, UT 84405
* $ 16,830,237,000 1 $ 85,000
Intelliloan, Inc.
4 PARK PLAZA SUITE 800
IRVINE, CA 92614
* $ -1,000 1 $ 215,000
Greenwood Credit Union
2669 POST ROAD
WARWICK, RI 02886
* $ 681,104,000 1 $ 65,000
Acrisure Mortgage, LLC
189 S ORANGE AVE STE 970
ORLANDO, FL 32801
* $ -1,000 1 $ 125,000
Reverse Mortgage Funding LLC
1455 BROAD ST., 2ND FL
BLOOMFIELD, NJ 07003
* $ -1,000 1 $ 35,000
Ocmbc, Inc.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ -1,000 1 $ 115,000
Hughes Federal Credit Union
971 W WETMORE RD
TUCSON, AZ 85705
* $ 1,946,059,000 1 $ 65,000
Inspire Home Loans Inc.
4695 MACARTHUR COURT SUITE 350
NEWPORT BEACH, CA 92660
* $ -1,000 1 $ 295,000
Intercap Lending Inc
910 EAST 6600 SOUTH
SALT LAKE CITY, UT 84121
* $ -1,000 1 $ 395,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ 1,758,936,000 1 $ 485,000
Neighborhood National Bank
45 NORTH UNION
MORA, MN 55051
* $ 301,357,000 1 $ 55,000
V.I.P. Mortgage, Inc.
9221 E VIA DE VENTURA
SCOTTSDALE, AZ 85258
* $ -1,000 1 $ 255,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 455,000
Hightechlending, Inc
2030 MAIN ST 350
IRVINE, CA 92614
* $ -1,000 1 $ 175,000
On Q Financial, LLC
4800 SCOTTSDALE RD SUITE 5500
SCOTTSDALE, AZ 85260
* $ -1,000 1 $ 345,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 1 $ 145,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 185,000
Premier Lending Inc.

CHARLOTTE, NC 28277
* $ -1,000 1 $ 75,000
Genhome Mortgage Corporation

IRVINE, CA 92614
* $ -1,000 1 $ 225,000
Define Mortgage Solutions, LLC
148 N 48TH ST
PHOENIX, AZ 85034
* $ -1,000 1 $ 235,000
Bay Equity LLC

DETROIT, MI 48226
* $ -1,000 1 $ 325,000
Firefighters First Federal Credit Union
815 COLORADO BLVD
PASADENA, CA 91105
* $ 2,055,157,000 1 $ 485,000
Columbia State Bank
1301 A STREET
TACOMA, WA 98402
* $ 20,934,572,000 1 $ 95,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 1 $ 105,000
Neighborhood Loans, Inc
1333 BUTTERFIELD RD SUITE 600
DOWNERS GROVE, IL 60515
* $ -1,000 1 $ 95,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 115,000
F&A Federal Credit Union
2625 CORPORATE PLACE
MONTEREY PARK, CA 91754
* $ 2,291,873,000 1 $ 485,000
Mld Mortgage, Inc.Dba the Money Store
30 B VREELAND ROAD
FLORHAM PARK, NJ 07932
* $ -1,000 1 $ 275,000
Nexbank
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ 10,822,403,000 1 $ 275,000
Oneaz Credit Union
2355 W PINNACLE PEAK RD
PHOENIX, AZ 85027
* $ 3,043,080,000 1 $ 55,000
Right Start Mortgage, Inc

SAN ANTONIO, TX 78248
* $ -1,000 1 $ 225,000
Change Lending
175 N. RIVERVIEW DRIVE SUITE C
ANAHEIM, CA 92808
* $ -1,000 1 $ 575,000
First Colony Mortgage Corporat
500 EAST PARK AVENUE SUITE 900
OREM, UT 84097
* $ -1,000 1 $ 125,000
Logix Federal Credit Union
2340 HOLLYWOOD WAY
VALENCIA, CA 91355
* $ 8,819,497,000 1 $ 515,000
Citadel Servicing Corporation
15707 ROCKFIELD BLVD STE 320
IRVINE, CA 92618
* $ -1,000 1 $ 105,000
Heritage Bank
201 5TH AVENUE SW
OLYMPIA, WA 98501
* $ 7,429,804,000 1 $ 105,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 165,000
Sunstreet Mortgage, LLC
SUNSTREET MORTGAGE, LLC
1725 E. SKYLINE DRIVE, AZ 85718
* $ -1,000 1 $ 325,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 108,342,526,000 1 $ 155,000
UMB Bank NA
1010 GRAND BLVD
KANSAS CITY, MO 64106
* $ 42,392,285,000 1 $ 85,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 456,669,000 1 $ 155,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 1 $ 245,000
Temple View Capital Funding LP
7550 WISCONSIN AVE STE 1000
BETHESDA, MD 20814
* $ -1,000 1 $ 1,205,000
Securitynational Mortgage Company
5300 SOUTH 360 WEST
SALT LAKE CITY, UT 84123
* $ -1,000 1 $ 225,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 104,790,698,000 1 $ 405,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 145,000
Tjc Mortgage Inc
1 PERIMETER PARK S, STE 230 S
BIRMINGHAM, AL 35243
* $ -1,000 1 $ 85,000
Oceanfirst Bank
975 HOOPER AVENUE
TOMS RIVER, NJ 08753
* $ 11,648,010,000 1 $ 1,495,000
Prime Choice Funding Inc.
17852 17TH ST #107
TUSTIN, CA 92780
* $ -1,000 1 $ 275,000
Washington Federal
425 PIKE ST
SEATTLE, WA 98101
* $ 19,973,048,000 1 $ 15,000
Unitus Community Credit Union
7632 SW DURHAM RD
TIGARD, OR 97224
* $ 1,726,757,000 1 $ 35,000
Ladera Lending, Inc.
555 CORPORATE DRIVE SUITE 215
LADERA RANCH, CA 92694
* $ -1,000 1 $ 665,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 4,726,840,000 1 $ 85,000
Shelter Growth Capital Partners LLC
750 WASHINGTON BLVD
WILMINGTON, DE 06901
* $ -1,000 1 $ 595,000
Truhome Solutions, LLC
9601 LEGLER ROAD
LENEXA, KS 66219
* $ -1,000 1 $ 165,000
James B. Nutter & Company
4153 BROADWAY
KANSAS CITY, MO 64111
* $ -1,000 1 $ 135,000
Bank of Colorado
1609 EAST HARMONY RD
FORT COLLINS, CO 80525
* $ 6,574,472,000 1 $ 225,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ -1,000 1 $ 425,000
Redwood Residential Acquisition Corporation
1 BELVEDERE PLACE
MILL VALLEY, CA 94951
* $ -1,000 1 $ 1,495,000
Data Mortgage, Inc

OCALA, FL 34475
* $ -1,000 1 $ 305,000
Global Federal Credit Union
PO BOX 196850
ANCHORAGE, AK 99503
* $ 10,716,065,000 1 $ 135,000
City 1st Mortgage Services, Lc
750 S. MAIN SUITE 104
BOUNTIFUL, UT 84010
* $ -1,000 1 $ 235,000
SWBC Mortgage Corporation
9311 SAN PEDRO AVENUE STE 100
SAN ANTONIO, TX 78216
* $ -1,000 1 $ 295,000
Glacier Bank
202 MAIN
KALISPELL, MT 59901
* $ 25,919,785,000 1 $ 35,000

The tables below break down 2022 mortgage applications in La Paz County, AZ by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for La Paz County, AZ in 2022

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 256 $59,670,000 $233,000 $1,795,000 $97,000 $620,000
Cash-out Refinancing 146 $32,050,000 $219,000 $775,000 $91,000 $408,000
Refinancing 79 $21,815,000 $276,000 $1,495,000 $162,000 $1,244,000
Other Purpose 28 $3,680,000 $131,000 $405,000 $91,000 $310,000
Home Improvement 27 $2,315,000 $85,000 $505,000 $80,000 $381,000
Not Applicable 1 $95,000 $95,000 $95,000 $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 308 $63,750,000 $206,000 $1,795,000 $107,000 $1,244,000
Not Provided 79 $17,735,000 $224,000 $1,065,000 $118,000 $1,120,000
Hispanic 71 $14,525,000 $204,000 $565,000 $74,000 $236,000
Not applicable 46 $17,030,000 $370,000 $1,625,000 $82,000 $149,000
American Indian or Alaskan Native 19 $3,295,000 $173,000 $395,000 $75,000 $165,000
Black or African American 8 $1,840,000 $230,000 $415,000 $87,000 $196,000
Asian 4 $930,000 $232,000 $335,000 $80,000 $134,000
Native Hawaiian or Other Pacific Islander 1 $315,000 $315,000 $315,000 $104,000 $104,000

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) 367 $82,565,000 $224,000 $1,795,000 $113,000 $1,244,000
FHA-insured (Federal Housing Administration) 99 $21,465,000 $216,000 $775,000 $70,000 $196,000
VA-guaranteed (Veterans Administration) 68 $15,010,000 $220,000 $365,000 $76,000 $165,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3 $585,000 $195,000 $335,000 $71,000 $100,000

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 239 $54,525,000 $228,000 $1,625,000 $112,000 $1,026,000
Application Denied By Financial Institution 106 $18,630,000 $175,000 $1,145,000 $78,000 $1,120,000
Application Withdrawn By Applicant 67 $16,545,000 $246,000 $1,795,000 $100,000 $1,244,000
File Closed For Incompleteness 53 $8,435,000 $159,000 $415,000 $98,000 $259,000
Loan Purchased By The Institution 52 $18,390,000 $353,000 $1,625,000 $162,000 $273,000
Application Approved But Not Accepted 18 $2,750,000 $152,000 $425,000 $108,000 $273,000
Preapproval Approved but not Accepted 1 $205,000 $205,000 $205,000 $70,000 $70,000
Preapproval Denied by Financial Institution 1 $145,000 $145,000 $145,000 $24,000 $24,000

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 423 $99,625,000 $235,000 $1,795,000 $110,000 $1,244,000
Debt-To-Income Ratio 36 $5,290,000 $146,000 $375,000 $56,000 $207,000
Credit History 24 $3,610,000 $150,000 $435,000 $72,000 $154,000
Collateral 21 $4,215,000 $200,000 $1,145,000 $65,000 $193,000
Credit Application Incomplete 13 $3,825,000 $294,000 $1,065,000 $167,000 $1,120,000
Other 9 $1,195,000 $132,000 $245,000 $77,000 $151,000
Unverifiable Information 7 $1,175,000 $167,000 $255,000 $80,000 $147,000
Employment History 2 $420,000 $210,000 $325,000 $40,000 $50,000
Insufficient Cash (Downpayment, Closing Cost) 2 $270,000 $135,000 $215,000 $29,000 $39,000
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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