Lawrence County, IN Mortgage Lenders & HMDA Data, 2024

In 2024, lenders reported 1,831 mortgage applications in Lawrence County, IN totaling $287.3 million, up 2% from 2023. The average application was for $156,000, and applicants reported an average income of $84,000. 56% of applications resulted in an originated loan and 16% were denied. The most active lender was Hoosier Hills Credit Union, with 226 applications, followed by CMG Mortgage Inc and Ruoff Mortgage Company.

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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 1,831
Total Mortgage Loan Application Amount $287,305,000
Average Mortgage Loan Application Amount $156,000
Highest Mortgage Loan Application Amount $5,105,000
Average Applicant Income $84,000
Highest Applicant Income $1,086,000

Mortgage Company List for Lending in Lawrence County, IN for 2024

* 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
* $ n/a 226 $ 21,930,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ n/a 131 $ 21,735,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ n/a 119 $ 21,575,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 79 $ 14,355,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 72 $ 16,330,000
Jackson County Bank
125 S CHESTNUT ST
SEYMOUR, IN 47274
* $ n/a 67 $ 9,215,000
Crane Credit Union
1 WEST GATE DRIVE
ODON, IN 47562
* $ n/a 57 $ 12,035,000
German American Bank
711 MAIN STREET, P.O. BOX 360
JASPER, IN 47546
* $ n/a 55 $ 5,925,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 46 $ 11,690,000
Indiana University CU
PO BOX 368
BLOOMINGTON, IN 47401
* $ n/a 46 $ 5,760,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ n/a 38 $ 7,250,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 34 $ 6,170,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ n/a 34 $ 4,400,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ n/a 34 $ 4,030,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ n/a 33 $ 4,535,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 31 $ 6,725,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ n/a 23 $ 1,925,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ n/a 23 $ 1,475,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 23 $ 1,695,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 21 $ 3,085,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ n/a 21 $ 3,855,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ n/a 21 $ 3,825,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 19 $ 4,175,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 19 $ 2,775,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 18 $ 3,110,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 17 $ 2,125,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 17 $ 2,255,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 15 $ 3,055,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ n/a 15 $ 2,915,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 15 $ 2,855,000
Stockton Mortgage Corporation
88 C MICHAEL DAVENPORT BLVD.
FRANKFORT, KY 40601
* $ n/a 14 $ 2,650,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ n/a 14 $ 1,820,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ n/a 13 $ 1,375,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 12 $ 2,300,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 12 $ 1,930,000
Centra Credit Union
3801 TUPELO DRIVE
COLUMBUS, IN 47201
* $ n/a 12 $ 1,750,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 11 $ 1,365,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 10 $ 490,000
Fair Way Lending, LLC
918 LILY CREEK RD, #202
LOUISVILLE, KY 40243
* $ n/a 9 $ 1,635,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 8 $ 1,640,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ n/a 8 $ 1,000,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 8 $ 760,000
Mid-Southern Savings Bank FSB
300 N WATER STREET
SALEM, IN 47167
* $ n/a 7 $ 465,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 7 $ 2,345,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ n/a 7 $ 765,000
Owen County State Bank
201 W MORGAN ST
SPENCER, IN 47460
* $ n/a 6 $ 1,240,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ n/a 6 $ 850,000
Indiana Members Credit Union
4790 E. 96TH STREET, SUITE 120
INDIANAPOLIS, IN 46240
* $ n/a 6 $ 350,000
Farmers & Mechanics
225 EAST MAIN STREET
BLOOMFIELD, IN 47424
* $ n/a 5 $ 645,000
Liberty Federal Credit Union
9520 ORMSBY STATION RD SUITE 20
LOUISVILLE, KY 40223
* $ n/a 5 $ 615,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 5 $ 425,000
Flagstar Bank NA

TROY, MI 49098
* $ n/a 5 $ 645,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ n/a 5 $ 2,695,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 5 $ 1,265,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 4 $ 770,000
Gvc Mortgage, Inc.
ONE PLAZA DRIVE, SUITE 3
SUITE 200, IN 46064
* $ n/a 4 $ 800,000
Data Mortgage, Inc

OCALA, FL 34475
* $ n/a 4 $ 720,000
First Financial Bank
255 EAST FIFTH STREET SUITE 900
CINCINNATI, OH 45202
* $ n/a 4 $ 660,000
Flat Branch Mortgage, Inc.
101 S. FIFTH STREET, STE 200
COLUMBIA, MO 65201
* $ n/a 4 $ 1,130,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 4 $ 310,000
Lendage, LLC dba Achieve Loans
1875 S GRANT ST
SAN MATEO, CA 94402
* $ n/a 4 $ 150,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ n/a 4 $ 900,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ n/a 4 $ 760,000
The Poples State Bank
601 E TEMPERANCE ST
ELLETTSVILLE, IN 47429
* $ n/a 4 $ 540,000
Success Mortgage Partners, Inc
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ n/a 4 $ 820,000
Citizens Bank
33 N INDIANA ST
MOORESVILLE, IN 46158
* $ n/a 3 $ 585,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ n/a 3 $ 325,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ n/a 3 $ 405,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 3 $ 675,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ n/a 3 $ 1,665,000
Northwest Bank
100 LIBERTY STREET
WARREN, PA 16365
* $ n/a 3 $ 265,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 3 $ 685,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ n/a 3 $ 425,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 3 $ 445,000
Milestone Home Lending, LLC
1100 VIRGINIA DRIVE, SUITE 125
FORT WASHINGTON, PA 19034
* $ n/a 3 $ 595,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ n/a 3 $ 405,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ n/a 3 $ 345,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 2 $ 110,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 2 $ 390,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ n/a 2 $ 240,000
Everwise Credit Union
110 S MAIN ST
SOUTH BEND, IN 46601
* $ n/a 2 $ 60,000
Union Savings Bank
8534 E KEMPER RD
CINCINNATI, OH 45249
* $ n/a 2 $ 260,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 2 $ 350,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ n/a 2 $ 340,000
Servbank, N.A.
3201 ORCHARD RD
OSWEGO, IL 60543
* $ n/a 2 $ 490,000
Hallmark Home Mortgage, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ n/a 2 $ 520,000
Consumer Real Estate Finance Co dba Society Mortgage
330 SW 2ND ST #111
FORT LAUDERDALE, FL 33312
* $ n/a 2 $ 290,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ n/a 2 $ 360,000
Star Financial Bank
127 WEST BERRY ST
FORT WAYNE, IN 46802
* $ n/a 2 $ 730,000
Mortgage Masters of Indiana Inc
501 N CROSS POINTE BLVD
EVANSVILLE, IN 47715
* $ n/a 2 $ 400,000
Nexbank
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ n/a 2 $ 350,000
Elements Financial Federal Cre
225 S EAST ST, SUITE 300
INDIANAPOLIS, IN 46202
* $ n/a 2 $ 260,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ n/a 2 $ 210,000
Tennessee Valley Federal C U
535 CHESTNUT STREET
CHATTANOOGA, TN 37402
* $ n/a 2 $ 400,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ n/a 2 $ 150,000
Citibank, NA

NEW YORK, NY 10012
* $ n/a 2 $ 480,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ n/a 2 $ 210,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ n/a 2 $ 190,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ n/a 2 $ 340,000
Tjc Mortgage Inc
1 PERIMETER PARK S, STE 230 S
BIRMINGHAM, AL 35243
* $ n/a 2 $ 330,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ n/a 2 $ 490,000
Justice Federal Credit Union
5175 PARKSTONE DRIVE, STE. 200
CHANTILLY, VA 20151
* $ n/a 1 $ 425,000
1st Signature Lending, LLC
9800 CROSSPOINT BLVD.
INDIANAPOLIS, IN 46256
* $ n/a 1 $ 285,000
First National Bank
302 S MAIN ST
CLOVERDALE, IN 46120
* $ n/a 1 $ 335,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ n/a 1 $ 125,000
Purdue Federal CU
1551 WIN HENTSCHEL BLVD., PO BOX 2433
WEST LAFAYETTE, IN 47906
* $ n/a 1 $ 85,000
DHI Mortgage Company, Ltd.
10700 PECAN PARK BLVD, SUITE 450
AUSTIN, TX 78750
* $ n/a 1 $ 295,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ n/a 1 $ 135,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ n/a 1 $ 165,000
The Hometown Savings Bank
533 OHIO ST (PO BOX 9629)
TERRE HAUTE, IN 47807
* $ n/a 1 $ 275,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ n/a 1 $ 155,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ n/a 1 $ 205,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ n/a 1 $ 255,000
Quorum Federal Credit Union
2500 WESTCHESTER AVENUE
PURCHASE, NY 10577
* $ n/a 1 $ 55,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ n/a 1 $ 445,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ n/a 1 $ 75,000
Interlinc Mortgage Services, LLC
10613 W. SAM HOUSTON PKWY N. SUITE 200
HOUSTON, TX 77086
* $ n/a 1 $ 145,000
Valon Mortgage
14647 S 50TH ST, STE A150
PHOENIX, AZ 85044
* $ n/a 1 $ 205,000
Central Bank & Trust Co
PO BOX 1360
LEXINGTON, KY 40588
* $ n/a 1 $ 45,000
Beeline Loans, Inc.
188 VALLEY ST SUITE 225
PROVIDENCE, RI 02909
* $ n/a 1 $ 185,000
Lima One Capital, LLC
201 E. MCBEE AVE, SUITE 300
GREENVILLE, SC 29601
* $ n/a 1 $ 115,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ n/a 1 $ 85,000
The Fountain Trust Company
615 THIRD ST.
COVINGTON, IN 47932
* $ n/a 1 $ 35,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ n/a 1 $ 225,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ n/a 1 $ 145,000
Wolfe Financial Inc
191 H NC HIGHWAY 42 NORTH
ASHEBORO, NC 27203
* $ n/a 1 $ 85,000
First Federal Savings Bank
P.O. BOX 527
ROCHESTER, IN 46975
* $ n/a 1 $ 115,000
Jmac Lending, Inc.
2510 RED HILL AVENUE
SANTA ANA, CA 92705
* $ n/a 1 $ 135,000
Fourleaf Federal Credit Union
899 SOUTH OYSTER BAY ROAD
BETHPAGE, NY 11714
* $ n/a 1 $ 75,000
Eustis Mortgage Corp
1100 POYDRAS STREET SUITE 2525
NEW ORLEANS, LA 70115
* $ n/a 1 $ 165,000
Blue Ridge Bank
P.O. BOX 609, 17 WEST MAIN ST
LURAY, VA 22835
* $ n/a 1 $ 245,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ n/a 1 $ 335,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ n/a 1 $ 265,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ n/a 1 $ 165,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ n/a 1 $ 145,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ n/a 1 $ 105,000
Home Bank SB
PO BOX 1677
MARTINSVILLE, IN 46151
* $ n/a 1 $ 35,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 1 $ 315,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ n/a 1 $ 155,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ n/a 1 $ 155,000
Truhome Solutions, LLC
9601 LEGLER ROAD
LENEXA, KS 66219
* $ n/a 1 $ 185,000
Synergy One Lending, Inc.
3131 CAMINO DEL RIO N. SUITE 150
SAN DIEGO, CA 92101
* $ n/a 1 $ 85,000
Meade County Bank
PO BOX 278
BRANDENBURG, KY 40108
* $ n/a 1 $ 165,000
Lakeview Community Capital
4425 PONE DE LEON BLVD, MS 5-251
CORAL GABLES, FL 33146
* $ n/a 1 $ 285,000
Panorama Mortgage Group, LLC
350 RAMPART BOULEVARD SUITE 310
LAS VEGAS, NV 89113
* $ n/a 1 $ 195,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 1 $ 145,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ n/a 1 $ 135,000
Geneva Financial LLC
180 S ARIZONA AVE STE 310
CHANDLER, AZ 85225
* $ n/a 1 $ 165,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ n/a 1 $ 185,000
Endeavor Capital, LLC
14897 CLAYTON ROAD
CHESTERFIELD, MO 63017
* $ n/a 1 $ 195,000
Redwood Residential Acquisition Corporation
1 BELVEDERE PLACE
MILL VALLEY, CA 94951
* $ n/a 1 $ 65,000
First Financial Bank NA
1401 S. THIRD ST.
TERRE HAUTE, IN 47802
* $ n/a 1 $ 135,000

The tables below break down 2024 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 2024

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 895 $161,865,000 $180,000 $1,405,000 $81,000 $1,086,000
Cash-out Refinancing 403 $67,975,000 $168,000 $5,105,000 $86,000 $389,000
Other Purpose 191 $14,775,000 $77,000 $505,000 $91,000 $503,000
Refinancing 189 $32,695,000 $172,000 $765,000 $78,000 $225,000
Home Improvement 152 $9,940,000 $65,000 $385,000 $90,000 $500,000
Not Applicable 1 $55,000 $55,000 $55,000 $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 1,433 $210,725,000 $147,000 $1,405,000 $82,000 $503,000
Not applicable 184 $41,090,000 $223,000 $5,105,000 $105,000 $146,000
Not Provided 146 $23,220,000 $159,000 $765,000 $82,000 $276,000
Hispanic 29 $4,865,000 $167,000 $385,000 $131,000 $1,086,000
Asian 21 $4,185,000 $199,000 $505,000 $154,000 $464,000
Black or African American 11 $2,515,000 $228,000 $415,000 $98,000 $204,000
American Indian or Alaskan Native 6 $420,000 $70,000 $285,000 $115,000 $158,000
Native Hawaiian or Other Pacific Islander 1 $285,000 $285,000 $285,000 $82,000 $82,000

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) 1,046 $133,330,000 $127,000 $5,105,000 $88,000 $1,086,000
FHA-insured (Federal Housing Administration) 420 $73,120,000 $174,000 $505,000 $74,000 $327,000
VA-guaranteed (Veterans Administration) 247 $64,585,000 $261,000 $835,000 $91,000 $234,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 118 $16,270,000 $137,000 $285,000 $66,000 $237,000

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 1,026 $164,380,000 $160,000 $5,105,000 $87,000 $437,000
Application Denied By Financial Institution 300 $38,980,000 $129,000 $625,000 $76,000 $503,000
Application Withdrawn By Applicant 207 $31,225,000 $150,000 $655,000 $84,000 $1,086,000
Loan Purchased By The Institution 181 $35,365,000 $195,000 $765,000 $82,000 $146,000
File Closed For Incompleteness 66 $9,750,000 $147,000 $385,000 $70,000 $199,000
Application Approved But Not Accepted 48 $7,010,000 $146,000 $455,000 $78,000 $276,000
Preapproval Approved but not Accepted 3 $595,000 $198,000 $445,000 $103,000 $185,000
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
Not applicable 1,524 $246,840,000 $161,000 $5,105,000 $86,000 $1,086,000
Credit History 115 $13,805,000 $120,000 $445,000 $74,000 $464,000
Debt-To-Income Ratio 81 $10,725,000 $132,000 $595,000 $62,000 $200,000
Collateral 51 $7,395,000 $145,000 $535,000 $101,000 $503,000
Credit Application Incomplete 26 $4,650,000 $178,000 $625,000 $97,000 $450,000
Other 21 $2,165,000 $103,000 $235,000 $64,000 $182,000
Employment History 5 $445,000 $89,000 $145,000 $40,000 $85,000
Insufficient Cash (Downpayment, Closing Cost) 4 $540,000 $135,000 $205,000 $64,000 $125,000
Unverifiable Information 3 $485,000 $161,000 $335,000 $106,000 $232,000
Mortgage Insurance Denied 1 $255,000 $255,000 $255,000 $96,000 $96,000

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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