LaGrange County, IN Mortgage Lenders & HMDA Data, 2018

In 2018, lenders reported 1,730 mortgage applications in LaGrange County, IN totaling $264.5 million, up 19% from 2017. The average application was for $152,000, and applicants reported an average income of $84,000. 67% of applications resulted in an originated loan and 12% were denied. The most active lender was Farmers State Bank, with 273 applications, followed by Interra Credit Union and Lake City Bank.

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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 1,730
Total Mortgage Loan Application Amount $264,530,000
Average Mortgage Loan Application Amount $152,000
Highest Mortgage Loan Application Amount $6,725,000
Average Applicant Income $84,000
Highest Applicant Income $3,878,000

Mortgage Company List for Lending in LaGrange County, IN for 2018

* 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
* $ 732,411,000 273 $ 54,525,000
Interra Credit Union
300 W LINCOLN AVE
GOSHEN, IN 46527
* $ 1,049,405,000 196 $ 28,650,000
Lake City Bank
P.O. BOX 1387
WARSAW, IN 46581
* $ 4,669,969,000 186 $ 20,400,000
Horizon Bank
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 3,958,360,000 151 $ 21,875,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 70 $ 14,610,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,747,398,000,000 65 $ 12,845,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 44 $ 5,870,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 37 $ 4,885,000
First State Bank of Middlebury
111 S. MAIN STREET
MIDDLEBURY, IN 46540
* $ 537,740,000 37 $ 6,905,000
Three Rivers Federal Crediit U
1615 NORTHLAND BLVD
FORT WAYNE, IN 46825
* $ 969,897,000 33 $ 5,105,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 104,052,030,000 30 $ 2,780,000
Profed Federal Credit Union
1710 ST. JOE RIVER DR.
FORT WAYNE, IN 46805
* $ 414,603,000 25 $ 2,935,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 22 $ 2,660,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 22 $ 2,550,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 19 $ 2,365,000
The Campbell & Fetter Bank
PO BOX 231
KENDALLVILLE, IN 46755
* $ 340,162,000 16 $ 1,970,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 16 $ 1,730,000
First Federal Savings Bank
P.O. BOX 527
ROCHESTER, IN 46975
* $ 399,954,000 15 $ 2,365,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 15 $ 1,815,000
Gvc Mortgage, Inc.
ONE PLAZA DRIVE, SUITE 3
SUITE 200, IN 46064
* $ -1,000 13 $ 1,765,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 12 $ 1,560,000
Hallmark Home Mortgage, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ -1,000 12 $ 1,630,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 11 $ 1,055,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 11 $ 1,525,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ -1,000 11 $ 1,915,000
1st Source Bank
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46601
* $ 5,886,559,000 11 $ 1,845,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 9 $ 1,425,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 135,758,439,000 9 $ 675,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 9 $ 855,000
First Merchants Bank
200 E. JACKSON ST.
MUNCIE, IN 47305
* $ 9,352,196,000 9 $ 1,435,000
Star Financial Bank
127 WEST BERRY ST
FORT WAYNE, IN 46802
* $ 1,921,018,000 8 $ 720,000
Superior Financial Solutions
4230 ELIDA RD
LIMA, OH 45807
* $ -1,000 8 $ 1,360,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 98,729,134,000 8 $ 600,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 7 $ 645,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 7 $ 725,000
Oak Mortgage, LLC
113-125 E CHICAGO RD
STURGIS, MI 49091
* $ -1,000 7 $ 945,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 7 $ 705,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,002,264,000 7 $ 615,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 6 $ 260,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 6 $ 950,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 827,634,000 6 $ 850,000
Diamond Residential Mtg Corp
582 OAKWOOD AVE
LAKE FOREST, IL 60045
* $ -1,000 6 $ 1,030,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 5 $ 735,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 5 $ 795,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 5 $ 235,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 5 $ 825,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 5 $ 935,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 5 $ 155,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 14,726,156,000 4 $ 390,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 34,298,273,000 4 $ 460,000
Garrett State Bank
120 WEST KING STREET, P.O. BOX 29
GARRETT, IN 46738
* $ 230,338,000 4 $ 960,000
Everwise Credit Union
110 S MAIN ST
SOUTH BEND, IN 46601
* $ 3,127,992,000 4 $ 320,000
Roundpoint Mortgage Servicing LLC
446 WRENPLACE ROAD
FORT MILL, SC 29715
* $ -1,000 4 $ 560,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 4 $ 550,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 4 $ 310,000
Midwest America Federal Credit Union
1104 MEDICAL PARK DR
FORT WAYNE, IN 46825
* $ 575,039,000 4 $ 940,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 4 $ 650,000
Summit Mortgage, Inc.
8614 ST. JOE ROAD
FORT WAYNE, IN 46835
* $ -1,000 4 $ 510,000
Premier Bank
601 CLINTON STREET
YOUNGSTOWN, OH 44503
* $ 2,967,866,000 4 $ 970,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 3,947,088,000 3 $ 205,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 3 $ 545,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 3 $ 355,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,002,887,000 3 $ 305,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 3 $ 685,000
Inova Federal Credit Union
358 S ELKHART AVENUE
ELKHART, IN 46516
* $ 348,515,000 3 $ 445,000
Bank of Geneva
215 E LINE ST PO BOX 278
GENEVA, IN 46740
* $ 278,898,000 3 $ 455,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 3 $ 375,000
Fort Financial Credit Union
3102 SPRING ST
FORT WAYNE, IN 46818
* $ 223,300,000 3 $ 335,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 17,422,977,000 3 $ 765,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 3 $ 495,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 3 $ 395,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 3 $ 575,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 2 $ 50,000
Union Savings Bank
8534 E KEMPER RD
CINCINNATI, OH 45249
* $ 2,746,734,000 2 $ 680,000
American Mortgage Service Company
11503 SPRINGFIELD PIKE
CINCINNATI, OH 45246
* $ -1,000 2 $ 350,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 2 $ 240,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 363,702,000 2 $ 290,000
First Bank of Berne
222 HERTIGIAGE TR
BERNE, IN 46711
* $ 667,675,000 2 $ 230,000
Fay Servicing LLC

TAMPA, FL 33609
* $ -1,000 2 $ 170,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 2 $ 190,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 2 $ 200,000
Oxford Bank & Trust
1111 W. 22ND STREET #800
OAK BROOK, IL 60523
* $ 516,405,000 2 $ 50,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 2 $ 190,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 631,522,000 2 $ 390,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ -1,000 2 $ 200,000
Farmers and Merchants Bank
6464 MERCHANTS DR
LAOTTO, IN 46763
* $ 149,962,000 2 $ 330,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 2 $ 230,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 2 $ 290,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 2 $ 400,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 2 $ 270,000
The State Bank & Trust Company
401 CLINTON STREET
DEFIANCE, OH 43512
* $ 875,900,000 2 $ 390,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ -1,000 2 $ 250,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ -1,000 2 $ 280,000
Anchor Loans LP

THOUSAND OAKS, CA 91362
* $ -1,000 1 $ 95,000
Purdue Federal CU
1551 WIN HENTSCHEL BLVD., PO BOX 2433
WEST LAFAYETTE, IN 47906
* $ 1,189,607,000 1 $ 165,000
The Mortgage Warehouse, LLC
13430 PARKER COMMONS BLVD SUITE 103
FORT MYERS, FL 33912
* $ -1,000 1 $ 105,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 1 $ 145,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 85,000
The First Citizens National Bank of Upper Sandusky
100 N. SANDUSKY AVENUE
UPPER SANDUSKY, OH 43351
* $ 276,947,000 1 $ 285,000
Liberty Savings Bank, FSB
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 637,492,000 1 $ 255,000
The Farmers & Merchants State Bank
307 N DEFIANCE ST
ARCHBOLD, OH 43502
* $ 1,082,413,000 1 $ 125,000
Lendus, LLC
3236 STONE VALLEY ROAD W
ALAMO, CA 94507
* $ -1,000 1 $ 185,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 22,858,876,000 1 $ 45,000
1st Signature Lending, LLC
9800 CROSSPOINT BLVD.
INDIANAPOLIS, IN 46256
* $ -1,000 1 $ 155,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,696,742,000 1 $ 125,000
V.I.P. Mortgage, Inc.
9221 E VIA DE VENTURA
SCOTTSDALE, AZ 85258
* $ -1,000 1 $ 235,000
Chemical Bank
333 E MAIN STREET
MIDLAND, MI 48640
* $ 19,236,876,000 1 $ 35,000
Tjc Mortgage Inc
1 PERIMETER PARK S, STE 230 S
BIRMINGHAM, AL 35243
* $ -1,000 1 $ 75,000
Guardian Savings Bank, A Federal Savings Bank
6100 WEST CHESTER RD
WEST CHESTER, OH 45069
* $ 929,549,000 1 $ 15,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 315,000
Oxford Bank
60 S WASHINGTON ST
OXFORD, MI 48371
* $ 386,344,000 1 $ 55,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 2,948,023,000 1 $ 135,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 1 $ 75,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 1 $ 165,000
Ag Credit, Aca
610 W. LYTLE ST.
FOSTORIA, OH 44830
* $ -1,000 1 $ 125,000
Sturgis Bank & Trust
113-125 E CHICAGO RD
STURGIS, MI 49091
* $ 414,241,000 1 $ 45,000
Southwest Funding LP
13150 COIT ROAD STE 100
DALLAS, TX 75240
* $ -1,000 1 $ 75,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 1 $ 85,000
Live Well Financial, Inc.
1011 BOULDER SPRINGS DRIVE
RICHMOND, VA 23225
* $ -1,000 1 $ 65,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 65,000
Howard Bank
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 1,150,216,000 1 $ 95,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 1 $ 65,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 1 $ 195,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 115,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 30,422,051,000 1 $ 275,000
Arbor Realty Trust, Inc.
333 EARLE OVINGTON BLVD., SUITE 900
UNIONDALE, NY 11553
* $ -1,000 1 $ 6,725,000
Salin Bank and Trust Company
8455 KEYSTONE CROSSING DR.
INDIANAPOLIS, IN 46240
* $ 868,405,000 1 $ 275,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,175,351,000 1 $ 185,000
Arvest Bank

TULSA, OK 74103
* $ 16,758,528,000 1 $ 75,000
Ocwen Loan Servicing, LLC
1661 WORTHINGTION ROAD SUITE 100
WEST PALM BEACH, FL 33409
* $ -1,000 1 $ 65,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ -1,000 1 $ 65,000
Partners 1st Federal Credit Union
1330 DIRECTORS ROW
FORT WAYNE, IN 46808
* $ 364,894,000 1 $ 15,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ -1,000 1 $ 205,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 1 $ 195,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 1,376,902,000 1 $ 155,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 165,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 14,014,053,000 1 $ 35,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 1 $ 215,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 1 $ 125,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 1 $ 125,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ 9,696,344,000 1 $ 55,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 264,496,000 1 $ 25,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 4,724,296,000 1 $ 125,000

The tables below break down 2018 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 2018

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 792 $143,460,000 $181,000 $6,725,000 $83,000 $719,000
Refinancing 387 $63,205,000 $163,000 $6,065,000 $89,000 $3,878,000
Cash-out Refinancing 238 $33,550,000 $140,000 $655,000 $74,000 $523,000
Other Purpose 191 $13,805,000 $72,000 $425,000 $88,000 $673,000
Home Improvement 102 $8,310,000 $81,000 $355,000 $90,000 $451,000
Not Applicable 20 $2,200,000 $110,000 $295,000 $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 1,503 $222,025,000 $147,000 $785,000 $83,000 $803,000
Not applicable 98 $20,360,000 $207,000 $6,725,000 $45,000 $66,000
Not Provided 87 $11,445,000 $131,000 $355,000 $77,000 $523,000
Hispanic 32 $3,520,000 $110,000 $245,000 $63,000 $219,000
American Indian or Alaskan Native 5 $6,625,000 $1,325,000 $6,065,000 $826,000 $3,878,000
Black or African American 4 $500,000 $125,000 $215,000 $95,000 $126,000
Asian 1 $55,000 $55,000 $55,000 $15,000 $15,000
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) 1,445 $227,955,000 $157,000 $6,725,000 $89,000 $3,878,000
FHA-insured (Federal Housing Administration) 182 $22,200,000 $121,000 $295,000 $58,000 $204,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 60 $7,190,000 $119,000 $235,000 $48,000 $80,000
VA-guaranteed (Veterans Administration) 43 $7,185,000 $167,000 $315,000 $55,000 $136,000

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 1,154 $180,460,000 $156,000 $6,725,000 $86,000 $803,000
Application Denied By Financial Institution 216 $27,050,000 $125,000 $565,000 $65,000 $228,000
Application Withdrawn By Applicant 137 $27,225,000 $198,000 $6,065,000 $101,000 $3,878,000
Loan Purchased By The Institution 121 $15,285,000 $126,000 $315,000 $61,000 $224,000
Application Approved But Not Accepted 67 $10,345,000 $154,000 $455,000 $102,000 $444,000
File Closed For Incompleteness 35 $4,165,000 $119,000 $335,000 $86,000 $379,000
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
Not applicable 1,252 $184,770,000 $147,000 $6,725,000 $88,000 $3,878,000
Debt-To-Income Ratio 339 $64,265,000 $189,000 $655,000 $77,000 $383,000
Credit History 57 $5,105,000 $89,000 $265,000 $70,000 $228,000
Collateral 41 $6,395,000 $155,000 $565,000 $74,000 $133,000
Other 17 $1,475,000 $86,000 $155,000 $72,000 $134,000
Credit Application Incomplete 13 $1,445,000 $111,000 $175,000 $61,000 $149,000
Employment History 5 $725,000 $145,000 $325,000 $53,000 $77,000
Unverifiable Information 4 $320,000 $80,000 $105,000 $60,000 $96,000
Insufficient Cash (Downpayment, Closing Cost) 2 $30,000 $15,000 $25,000 $55,000 $99,000
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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