Lawrence County, IN Mortgage Lenders & HMDA Data, 2023

In 2023, lenders reported 1,796 mortgage applications in Lawrence County, IN totaling $266.1 million, down 22% from 2022. The average application was for $148,000, and applicants reported an average income of $82,000. 56% of applications resulted in an originated loan and 17% were denied. The most active lender was Hoosier Hills Credit Union, with 307 applications, followed by Ruoff Mortgage Company and Jackson County Bank.

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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 1,796
Total Mortgage Loan Application Amount $266,050,000
Average Mortgage Loan Application Amount $148,000
Highest Mortgage Loan Application Amount $2,445,000
Average Applicant Income $82,000
Highest Applicant Income $850,000

Mortgage Company List for Lending in Lawrence County, IN for 2023

* 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
Hoosier Hills Credit Union
630 LINCOLN AVE
BEDFORD, IN 47421
* $ 884,527,000 307 $ 31,005,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 191 $ 36,395,000
Jackson County Bank
125 S CHESTNUT ST
SEYMOUR, IN 47274
* $ 816,726,000 84 $ 12,040,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 76 $ 14,620,000
German American Bank
711 MAIN STREET, P.O. BOX 360
JASPER, IN 47546
* $ 6,150,272,000 72 $ 7,180,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 274,304,000 49 $ 7,265,000
Crane Credit Union
1 WEST GATE DRIVE
ODON, IN 47562
* $ 1,000,782,000 46 $ 7,590,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 42 $ 9,060,000
Indiana University CU
PO BOX 368
BLOOMINGTON, IN 47401
* $ 1,565,475,000 41 $ 4,845,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 38 $ 7,520,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 46,490,438,000 35 $ 3,405,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 129,461,046,000 34 $ 2,370,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 206,289,179,000 32 $ 4,080,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 31 $ 5,405,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 28 $ 3,450,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 25 $ 3,885,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 24 $ 4,070,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 20 $ 4,040,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 19 $ 2,065,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 19 $ 3,715,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 19 $ 2,515,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 18 $ 2,450,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 18 $ 3,040,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 17 $ 1,835,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 16 $ 3,290,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 14 $ 2,690,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 13 $ 2,065,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 13 $ 2,225,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 154,203,000,000 12 $ 680,000
Owen County State Bank
201 W MORGAN ST
SPENCER, IN 47460
* $ 326,078,000 11 $ 3,155,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 11 $ 2,275,000
The Poples State Bank
601 E TEMPERANCE ST
ELLETTSVILLE, IN 47429
* $ 431,450,000 10 $ 1,910,000
Amcap Mortgage, Ltd.
9999 BELLAIRE BLVD., SUITE 700
AUSTIN, TX 77036
* $ -1,000 9 $ 1,465,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 9 $ 1,565,000
Flagstar Bank NA

TROY, MI 49098
* $ 90,036,656,000 9 $ 1,605,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 9 $ 905,000
Thrive Mortgage, LLC
4819 WILLIAMS DRIVE
CARROLLTON, TX 78633
* $ -1,000 9 $ 2,065,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 9 $ 335,000
Fair Way Lending, LLC
918 LILY CREEK RD, #202
LOUISVILLE, KY 40243
* $ -1,000 9 $ 1,675,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 182,325,674,000 8 $ 750,000
Gvc Mortgage, Inc.
ONE PLAZA DRIVE, SUITE 3
SUITE 200, IN 46064
* $ -1,000 8 $ 1,440,000
Hallmark Home Mortgage, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ -1,000 8 $ 1,460,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,418,508,000,000 8 $ 360,000
Centra Credit Union
3801 TUPELO DRIVE
COLUMBUS, IN 47201
* $ 2,045,720,000 8 $ 1,160,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 780,976,000 7 $ 1,435,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 7 $ 765,000
Mortgage Masters of Indiana Inc
501 N CROSS POINTE BLVD
EVANSVILLE, IN 47715
* $ -1,000 7 $ 1,635,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 4,401,730,000 7 $ 815,000
Northwest Bank
100 LIBERTY STREET
WARREN, PA 16365
* $ 14,213,677,000 7 $ 615,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 7 $ 1,795,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 7 $ 1,425,000
Mid-Southern Savings Bank FSB
300 N WATER STREET
SALEM, IN 47167
* $ 268,858,000 6 $ 430,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 6 $ 600,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 6 $ 1,250,000
First Financial Bank
255 EAST FIFTH STREET SUITE 900
CINCINNATI, OH 45202
* $ 16,915,645,000 6 $ 320,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,717,531,000,000 5 $ 1,095,000
Farmers & Mechanics
225 EAST MAIN STREET
BLOOMFIELD, IN 47424
* $ 121,151,000 5 $ 485,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 5 $ 735,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 5 $ 525,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 35,526,360,000 5 $ 785,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 4 $ 650,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 4 $ 900,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 4 $ 450,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 110,900,000,000 4 $ 1,050,000
Horizon Bank
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 7,794,340,000 3 $ 205,000
Mjw Financial LLC dba Mjw Mortgage
8465 KEYSTONE CROSSING #145
INDIANAPOLIS, IN 46240
* $ -1,000 3 $ 655,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 3 $ 755,000
Newrez Ventures LLC
4000 W. BROWN DEER ROAD
SPRINGFIELD, IL 53209
* $ -1,000 3 $ 625,000
Elements Financial Federal Cre
225 S EAST ST, SUITE 300
INDIANAPOLIS, IN 46202
* $ 2,289,589,000 3 $ 245,000
Stockton Mortgage Corporation
88 C MICHAEL DAVENPORT BLVD.
FRANKFORT, KY 40601
* $ -1,000 3 $ 475,000
Milestone Home Lending, LLC
1100 VIRGINIA DRIVE, SUITE 125
FORT WASHINGTON, PA 19034
* $ -1,000 3 $ 625,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 3 $ 575,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 3 $ 1,175,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 3 $ 395,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 5,751,484,000 3 $ 235,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 3 $ 265,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 552,307,127,000 3 $ 345,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 34,681,050,000 3 $ 255,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 2,040,399,000 2 $ 430,000
Arvest Bank

TULSA, OK 74103
* $ 26,441,420,000 2 $ 520,000
Indiana Members Credit Union
4790 E. 96TH STREET, SUITE 120
INDIANAPOLIS, IN 46240
* $ 2,918,005,000 2 $ 390,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 2 $ 200,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 1,054,618,000 2 $ 360,000
Union Savings Bank
8534 E KEMPER RD
CINCINNATI, OH 45249
* $ 3,307,068,000 2 $ 310,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 546,228,000,000 2 $ 190,000
Go Mortgage, LLC

COLUMBUS, OH 43219
* $ -1,000 2 $ 350,000
Wolfe Financial Inc
191 H NC HIGHWAY 42 NORTH
ASHEBORO, NC 27203
* $ -1,000 2 $ 400,000
Bayshore Mortgage Funding
1920 GREENSPRING DRIVE, SUITE 140
TIMONIUM, MD 21093
* $ -1,000 2 $ 310,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 3,601,623,000 2 $ 290,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 2 $ 260,000
Success Mortgage Partners, Inc
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ -1,000 2 $ 340,000
Home Bank SB
PO BOX 1677
MARTINSVILLE, IN 46151
* $ 410,444,000 2 $ 410,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 2 $ 340,000
Everwise Credit Union
110 S MAIN ST
SOUTH BEND, IN 46601
* $ 4,872,637,000 2 $ 110,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 2 $ 190,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 2 $ 170,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 2 $ 230,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ -1,000 2 $ 410,000
Lendage, LLC dba Achieve Loans
1875 S GRANT ST
SAN MATEO, CA 94402
* $ -1,000 1 $ 25,000
Forum Credit Union
P.O. BOX 50738
INDIANAPOLIS, IN 46250
* $ 1,998,152,000 1 $ 55,000
First National Bank
302 S MAIN ST
CLOVERDALE, IN 46120
* $ 437,457,000 1 $ 115,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 176,980,258,000 1 $ 85,000
First Harrison Bank
220 FEDERAL DR NW
CORYDON, IN 47112
* $ 1,146,163,000 1 $ 45,000
Commerceonebank
2100 SOUTHBRIDGE PKWY #385
BIRMINGHAM, AL 35203
* $ 556,402,000 1 $ 835,000
Riddell National Bank
1 EAST NATIONAL AVE
BRAZIL, IN 47834
* $ 293,739,000 1 $ 155,000
American B&T C, N.A.
4301 E 53RD STREET
DAVENPORT, IA 52807
* $ 495,574,000 1 $ 245,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 1 $ 145,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ -1,000 1 $ 195,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 1 $ 185,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 1 $ 165,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 200,262,969,000 1 $ 95,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ 9,123,708,000 1 $ 105,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 1 $ 255,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 1 $ 285,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 379,838,000 1 $ 25,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 1 $ 125,000
Inova Federal Credit Union
358 S ELKHART AVENUE
ELKHART, IN 46516
* $ 666,524,000 1 $ 105,000
Flat Branch Mortgage, Inc.
101 S. FIFTH STREET, STE 200
COLUMBIA, MO 65201
* $ -1,000 1 $ 175,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 1 $ 225,000
First Financial Bank NA
1401 S. THIRD ST.
TERRE HAUTE, IN 47802
* $ 4,973,142,000 1 $ 235,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 12,493,973,000 1 $ 335,000
Diamond Residential Mtg Corp
582 OAKWOOD AVE
LAKE FOREST, IL 60045
* $ -1,000 1 $ 175,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ 2,192,809,000 1 $ 45,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 205,000
Endeavor Capital, LLC
14897 CLAYTON ROAD
CHESTERFIELD, MO 63017
* $ -1,000 1 $ 205,000
The Farmers & Merchants State Bank
307 N DEFIANCE ST
ARCHBOLD, OH 43502
* $ 3,002,849,000 1 $ 45,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 135,000
BNC National Bank

BISMARCK, ND 58501
* $ 942,438,000 1 $ 285,000
Midamerica National Bank
100 W ELM ST
CANTON, IL 61520
* $ 575,105,000 1 $ 45,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 441,843,000 1 $ 405,000
Interlinc Mortgage Services, LLC
10613 W. SAM HOUSTON PKWY N. SUITE 200
HOUSTON, TX 77086
* $ -1,000 1 $ 125,000
Genway Home Mortgage, Inc.
3211 INTERNET BOULEVARD, SUITE 300
FRISCO, TX 75034
* $ -1,000 1 $ 355,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 16,117,865,000 1 $ 835,000
First Farmers Bank & Trust
123 N. JEFFERSON STREET
CONVERSE, IN 46919
* $ 2,738,488,000 1 $ 145,000
Delta Community Credit Union
3270 RIVERWOOD PKWY
ATLANTA, GA 30339
* $ 9,251,719,000 1 $ 35,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 125,000
Merchants Bank of Indiana
11555 N. MERIDIAN STREET
CARMEL, IN 46032
* $ 12,354,380,000 1 $ 205,000
Clearpath Lending
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ -1,000 1 $ 275,000
Farmers Insurance Federal Credit Union
4601 WILSHIRE BL. STE 110
BURBANK, CA 91504
* $ 1,367,031,000 1 $ 55,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 1 $ 185,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 1,052,701,000 1 $ 85,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 1 $ 25,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 1 $ 55,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 1 $ 165,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 3,765,608,000 1 $ 95,000

The tables below break down 2023 mortgage applications in Lawrence 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 Lawrence County, IN in 2023

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 915 $174,225,000 $190,000 $2,005,000 $80,000 $530,000
Cash-out Refinancing 386 $53,430,000 $138,000 $655,000 $80,000 $453,000
Home Improvement 194 $10,660,000 $54,000 $205,000 $86,000 $850,000
Other Purpose 188 $13,210,000 $70,000 $355,000 $94,000 $780,000
Refinancing 110 $14,270,000 $129,000 $2,445,000 $82,000 $398,000
Not Applicable 3 $255,000 $85,000 $125,000 $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 1,421 $193,895,000 $136,000 $835,000 $81,000 $850,000
Not applicable 191 $43,485,000 $227,000 $2,445,000 $99,000 $99,000
Not Provided 131 $20,875,000 $159,000 $555,000 $94,000 $780,000
Hispanic 28 $3,840,000 $137,000 $305,000 $81,000 $152,000
Asian 9 $1,375,000 $152,000 $255,000 $112,000 $413,000
Black or African American 8 $1,680,000 $210,000 $315,000 $94,000 $175,000
American Indian or Alaskan Native 5 $585,000 $117,000 $235,000 $111,000 $136,000
Native Hawaiian or Other Pacific Islander 3 $315,000 $105,000 $245,000 $98,000 $125,000

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) 1,115 $141,425,000 $126,000 $2,445,000 $88,000 $850,000
FHA-insured (Federal Housing Administration) 363 $60,395,000 $166,000 $475,000 $66,000 $200,000
VA-guaranteed (Veterans Administration) 182 $42,480,000 $233,000 $655,000 $87,000 $226,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 136 $21,750,000 $159,000 $245,000 $64,000 $137,000

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 1,013 $153,995,000 $152,000 $2,445,000 $85,000 $530,000
Application Denied By Financial Institution 308 $35,360,000 $114,000 $715,000 $74,000 $780,000
Loan Purchased By The Institution 188 $36,260,000 $192,000 $475,000 $73,000 $155,000
Application Withdrawn By Applicant 182 $27,580,000 $151,000 $515,000 $88,000 $850,000
File Closed For Incompleteness 66 $7,750,000 $117,000 $395,000 $74,000 $158,000
Application Approved But Not Accepted 39 $5,105,000 $130,000 $425,000 $72,000 $192,000
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 1,477 $226,705,000 $153,000 $2,445,000 $84,000 $850,000
Credit History 133 $13,405,000 $100,000 $555,000 $77,000 $253,000
Debt-To-Income Ratio 72 $11,900,000 $165,000 $2,005,000 $58,000 $164,000
Collateral 46 $4,750,000 $103,000 $345,000 $71,000 $252,000
Credit Application Incomplete 29 $3,845,000 $132,000 $285,000 $67,000 $226,000
Other 25 $3,165,000 $126,000 $715,000 $115,000 $780,000
Employment History 5 $795,000 $159,000 $295,000 $53,000 $91,000
Insufficient Cash (Downpayment, Closing Cost) 5 $855,000 $171,000 $305,000 $72,000 $113,000
Unverifiable Information 4 $630,000 $157,000 $285,000 $92,000 $190,000
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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