LaGrange County, IN Mortgage Lenders & HMDA Data, 2014

In 2014, lenders reported 1,247 mortgage applications in LaGrange County, IN totaling $175.2 million, down 18% from 2013. The average application was for $140,000, and applicants reported an average income of $74,000. 59% of applications resulted in an originated loan and 19% were denied. The most active lender was Farmers State Bank, with 262 applications, followed by Wells Fargo Bank NA and Farm Credit Mid-America, Aca.

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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 1,247
Total Mortgage Loan Application Amount $175,206,000
Average Mortgage Loan Application Amount $140,000
Highest Mortgage Loan Application Amount $5,070,000
Average Applicant Income $74,000
Highest Applicant Income $8,512,000

Mortgage Company List for Lending in LaGrange County, IN for 2014

* 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 State Bank
220 S. DETROIT STREET
LAGRANGE, IN 46761
* $ 526,666,000 262 $ 42,717,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,373,600,000,000 87 $ 8,466,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ 10,000,000 84 $ 22,055,000
Interra Credit Union
300 W LINCOLN AVE
GOSHEN, IN 46527
* $ 667,472,000 74 $ 8,682,000
Lake City Bank
P.O. BOX 1387
WARSAW, IN 46581
* $ 3,168,527,000 71 $ 11,657,000
Peoples FSB Dekalb Cty
212 W 7TH ST, PO BOX 231
AUBURN, IN 46706
* $ 464,947,000 57 $ 9,529,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,945,467,000,000 27 $ 3,003,000
First State Bank of Middlebury
111 S. MAIN STREET
MIDDLEBURY, IN 46540
* $ 402,290,000 26 $ 2,792,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 25 $ 2,965,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ 10,000,000 24 $ 2,963,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 19 $ 2,415,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 17 $ 2,047,000
First Federal Savings Bank
P.O. BOX 527
ROCHESTER, IN 46975
* $ 360,036,000 16 $ 1,542,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 309,999,678,000 15 $ 1,720,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 15 $ 2,095,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 15 $ 1,489,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 90,439,767,000 14 $ 1,221,000
Profed Federal Credit Union
1710 ST. JOE RIVER DR.
FORT WAYNE, IN 46805
* $ 358,994,000 12 $ 981,000
The Campbell & Fetter Bank
PO BOX 231
KENDALLVILLE, IN 46755
* $ 297,223,000 11 $ 1,683,000
Hallmark Home Mortgage, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ 2,915,000 10 $ 1,471,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 10 $ 1,615,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 9 $ 1,004,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 127,428,329,000 9 $ 1,055,000
Three Rivers Federal Crediit U
1615 NORTHLAND BLVD
FORT WAYNE, IN 46825
* $ 763,585,000 9 $ 1,114,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 8 $ 744,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 8 $ 1,015,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,433,716,000,000 8 $ 946,000
1st Source Bank
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46601
* $ 4,711,247,000 7 $ 618,000
Horizon Bank, N.A.
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 1,758,006,000 7 $ 876,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 6 $ 685,000
Star Financial Bank
127 WEST BERRY ST
FORT WAYNE, IN 46802
* $ 1,664,812,000 6 $ 739,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 6 $ 654,000
Oak Mortgage, LLC
113-125 E CHICAGO RD
STURGIS, MI 49091
* $ 315,462,000 6 $ 707,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ 10,000,000 6 $ 696,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 59,304,805,000 5 $ 601,000
Union Savings Bank
8534 E KEMPER RD
CINCINNATI, OH 45249
* $ 2,459,127,000 5 $ 469,000
Ditech Mortgage Corp
1100 VIRGINIA DRIVE, SUITE 100
FT. WASHINGTON, PA 19034
* $ 5,720,000 5 $ 607,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 5 $ 523,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 4 $ 559,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 4 $ 357,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 4 $ 536,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 4 $ 381,000
Discover Home Loans, Inc
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 79,339,664,000 4 $ 501,000
Everwise Credit Union
110 S MAIN ST
SOUTH BEND, IN 46601
* $ 2,383,230,000 4 $ 619,000
Garrett State Bank
120 WEST KING STREET, P.O. BOX 29
GARRETT, IN 46738
* $ 196,654,000 4 $ 189,000
First Mrchs Bk
200 E JACKSON ST
MUNCIE, IN 47305
* $ 947,386,000 4 $ 624,000
Southern Michigan Bank & Trust
51 WEST PEARL STREET
COLDWATER, MI 49036
* $ 538,580,000 4 $ 650,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 62,866,954,000 4 $ 601,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 179,126,294,000 4 $ 60,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 4 $ 543,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 4 $ 467,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 4 $ 501,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 3 $ 184,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 23,932,159,000 3 $ 275,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 15,766,346,000 3 $ 149,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 17,638,918,000 3 $ 237,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,346,747,000,000 3 $ 379,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 577,338,000 3 $ 27,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,596,388,000 3 $ 349,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 2,351,095,000 3 $ 236,000
Fire Police City County Federa
3306 N. CLINTON STREET
FORT WAYNE, IN 46805
* $ 101,089,000 3 $ 162,000
Midwest America Federal Credit Union
1104 MEDICAL PARK DR
FORT WAYNE, IN 46825
* $ 481,609,000 3 $ 28,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 3 $ 314,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 3 $ 344,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 3 $ 359,000
Summit Mortgage Inc.
8614 ST JOE RD
FORT WAYNE, IN 46835
* $ 908,000 2 $ 253,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 2 $ 372,000
The State Bank & Trust Company
401 CLINTON STREET
DEFIANCE, OH 43512
* $ 633,326,000 2 $ 2,100,000
The Citizens National Bank
102 S. MAIN ST.
BLUFFTON, OH 45817
* $ 664,841,000 2 $ 455,000
Mutualbank
110 E CHARLES ST
MUNCIE, IN 47305
* $ 1,391,032,000 2 $ 242,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 2 $ 440,000
Sturgis Bank & Trust
113-125 E CHICAGO RD
STURGIS, MI 49091
* $ 304,814,000 2 $ 186,000
Amwest Funding Corp
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ 10,000,000 2 $ 258,000
Inova Federal Credit Union
358 S ELKHART AVENUE
ELKHART, IN 46516
* $ 287,100,000 2 $ 289,000
Chiphone Credit Union
1655 W BEARDSLEY AVE
ELKHART, IN 46514
* $ 83,697,000 2 $ 365,000
Liberty Savings Bank, FSB
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 559,172,000 2 $ 389,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 84,362,333,000 2 $ 271,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 360,478,278,000 2 $ 215,000
Farmers and Merchants Bank
6464 MERCHANTS DR
LAOTTO, IN 46763
* $ 123,666,000 2 $ 135,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 2 $ 312,000
First Southern Bank
300 TOWER SQUARE PLAZA
MARION, IL 62959
* $ 349,232,000 2 $ 44,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 2 $ 289,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 2 $ 247,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 1 $ 290,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 117,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 106,000
First Choice Loan Services Inc.
ONE TOWER CENTER, FLOOR #18
EAST BRUNSWICK, NJ 08816
* $ 669,000,000 1 $ 198,000
Midwest Loan Solutions, Inc.
29777 TELEGRAPH RD. SUITE 3580
SOUTHFIELD, MI 48034
* $ 46,200,000 1 $ 223,000
Citizens State Bank
13840 W. NEWBERRY RD
NEWBERRY, FL 32669
* $ 191,437,000 1 $ 10,000
Go Mortgage, LLC

COLUMBUS, OH 43219
* $ 10,000,000 1 $ 81,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ 40,394,000 1 $ 107,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ 10,000,000 1 $ 57,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 1 $ 84,000
South Central Bank, National Association
525 W ROOSEVELT RD
CHICAGO, IL 60607
* $ 239,452,000 1 $ 7,000
Crossroads Bank
1205 N CASS STREET
WABASH, IN 46992
* $ 348,422,000 1 $ 160,000
Premier Bank
601 CLINTON STREET
YOUNGSTOWN, OH 44503
* $ 2,125,408,000 1 $ 169,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 943,388,000 1 $ 108,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 91,286,152,000 1 $ 23,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 238,482,903,000 1 $ 166,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 7,873,796,000 1 $ 17,000
Santander Bank, N.A.
824 NORTH MARKET STREET, SUITE 100
WILMINGTON, DE 19801
* $ 74,264,382,000 1 $ 90,000
Cole Taylor Bank
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 5,662,890,000 1 $ 78,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 800,870,000 1 $ 90,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 1,861,646,000 1 $ 168,000
McHenry Savings Bank
353 BANK DRIVE
MCHENRY, IL 60050
* $ 252,671,000 1 $ 92,000
Purdue Federal CU
1551 WIN HENTSCHEL BLVD., PO BOX 2433
WEST LAFAYETTE, IN 47906
* $ 793,686,000 1 $ 264,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,763,439,000 1 $ 21,000
Partners 1st Federal Credit Union
1330 DIRECTORS ROW
FORT WAYNE, IN 46808
* $ 251,695,000 1 $ 100,000
American Equity Mortgage, Inc.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 1 $ 81,000
Gateway Funding Dms, LP
300 WELSH ROAD, BUILDING 5
HORSHAM, PA 19044
* $ 10,000,000 1 $ 88,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 1 $ 51,000
Monarch Community Bank
375 N WILLOWBROOK RD
COLDWATER, MI 49036
* $ 169,128,000 1 $ 108,000
First Federal Savings Bank
648 NORTH JEFFERSON STREET
HUNTINGTON, IN 46750
* $ 268,503,000 1 $ 200,000
1st Signature Lending, LLC
9800 CROSSPOINT BLVD.
INDIANAPOLIS, IN 46256
* $ 1,028,000 1 $ 89,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 168,648,000 1 $ 75,000
Mb Financial Bank NA
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 9,624,027,000 1 $ 76,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 1 $ 149,000
The Farmers & Merchants State Bank
307 N DEFIANCE ST
ARCHBOLD, OH 43502
* $ 950,929,000 1 $ 96,000
Mycumortgage
3560 PENTAGON BLVD. SUITE 301
BEAVERCREEK, OH 45431
* $ 1,159,238,000 1 $ 51,000
Origin Bank

HOUSTON, TX 77024
* $ 3,199,260,000 1 $ 149,000
First National Bank of Pandora
102 E. MAIN ST
PANDORA, OH 45877
* $ 146,491,000 1 $ 142,000
Tower Bank and Trust
116 E BERRY ST
FT WAYNE, IN 46802
* $ 692,841,000 1 $ 135,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,361,206,000 1 $ 122,000
Superior Federal Credit Union
4230 ELIDA RD
LIMA, OH 45807
* $ 447,970,000 1 $ 142,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 117,000
Neighborhood Mortgage Solutions, LLC
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 1 $ 50,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,261,678,000 1 $ 78,000
First Financial Bank NA
1401 S. THIRD ST.
TERRE HAUTE, IN 47802
* $ 2,934,275,000 1 $ 9,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 1 $ 90,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 150,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 1 $ 146,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 1 $ 154,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ 101,315,000 1 $ 191,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ 4,464,000 1 $ 198,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 1 $ 87,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 1 $ 73,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 1 $ 79,000

The tables below break down 2014 mortgage applications in LaGrange County, IN by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for LaGrange County, IN in 2014

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 623 $96,547,000 $154,000 $5,070,000 $83,000 $8,512,000
Refinancing 515 $71,392,000 $138,000 $2,825,000 $64,000 $531,000
Home Improvement 109 $7,267,000 $66,000 $364,000 $66,000 $294,000

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 1,088 $148,077,000 $136,000 $1,800,000 $70,000 $1,529,000
Not applicable 74 $11,549,000 $156,000 $2,825,000 $5,000 $96,000
Not Provided 43 $10,331,000 $240,000 $5,070,000 $293,000 $8,512,000
Hispanic 28 $2,175,000 $77,000 $173,000 $46,000 $107,000
American Indian or Alaskan Native 10 $2,560,000 $256,000 $813,000 $85,000 $193,000
Black or African American 2 $273,000 $136,000 $192,000 $48,000 $96,000
Asian 1 $134,000 $134,000 $134,000 $54,000 $54,000
Native Hawaiian or Other Pacific Islander 1 $107,000 $107,000 $107,000 $48,000 $48,000

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) 978 $146,087,000 $149,000 $5,070,000 $83,000 $8,512,000
FHA-insured (Federal Housing Administration) 141 $15,227,000 $107,000 $271,000 $39,000 $191,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 96 $9,641,000 $100,000 $242,000 $35,000 $115,000
VA-guaranteed (Veterans Administration) 32 $4,251,000 $132,000 $217,000 $49,000 $89,000

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 733 $114,674,000 $156,000 $5,070,000 $88,000 $8,512,000
Application Denied By Financial Institution 242 $27,211,000 $112,000 $440,000 $62,000 $394,000
Loan Purchased By The Institution 95 $10,615,000 $111,000 $290,000 $21,000 $267,000
Application Withdrawn By Applicant 75 $9,013,000 $120,000 $255,000 $65,000 $227,000
Application Approved But Not Accepted 56 $7,365,000 $131,000 $350,000 $59,000 $198,000
File Closed For Incompleteness 46 $6,328,000 $137,000 $304,000 $54,000 $125,000
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
Credit History 37 $2,572,000 $69,000 $195,000 $70,000 $160,000
Collateral 33 $3,764,000 $114,000 $298,000 $71,000 $250,000
Debt-To-Income Ratio 23 $2,449,000 $106,000 $335,000 $57,000 $210,000
Credit Application Incomplete 9 $916,000 $101,000 $190,000 $42,000 $75,000
Other 9 $907,000 $100,000 $167,000 $86,000 $300,000
Unverifiable Information 6 $958,000 $159,000 $265,000 $68,000 $122,000
Employment History 1 $69,000 $69,000 $69,000 $25,000 $25,000
Insufficient Cash (Downpayment, Closing Cost) 1 $120,000 $120,000 $120,000 $37,000 $37,000
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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