Lee County, IA Mortgage Lenders & HMDA Data, 2013

In 2013, lenders reported 706 mortgage applications in Lee County, IA totaling $112.2 million, down 14% from 2012. The average application was for $158,000, and applicants reported an average income of $73,000. 57% of applications resulted in an originated loan and 20% were denied. The most active lender was Dubuque Bank and Trust Company, with 224 applications, followed by Midwestone Bank and US Bank, N.A..

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Total Number of Mortgage Applications 706
Total Mortgage Loan Application Amount $112,211,000
Average Mortgage Loan Application Amount $158,000
Highest Mortgage Loan Application Amount $42,898,000
Average Applicant Income $73,000
Highest Applicant Income $5,198,000

Mortgage Company List for Lending in Lee County, IA for 2013

* 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
Dubuque Bank and Trust Company
1398 CENTRAL AVENUE
DUBUQUE, IA 52001
* $ 1,482,504,000 224 $ 12,878,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 1,779,605,000 73 $ 6,156,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 345,088,616,000 49 $ 4,995,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,266,125,000,000 41 $ 3,851,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ 10,000,000 29 $ 3,110,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 22 $ 1,622,000
Two Rivers Bank & Trust
222 N. MAIN ST
BURLINGTON, IA 52601
* $ 659,544,000 19 $ 1,690,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,313,401,000,000 13 $ 861,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,474,077,383,000 12 $ 1,024,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 12 $ 898,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,896,773,000,000 11 $ 1,062,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 8 $ 677,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 8 $ 720,000
I H Mississippi Valley Credit Union
2121 47TH STREET
MOLINE, IL 61265
* $ 868,315,000 7 $ 482,000
Discover Home Loans, Inc.
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 73,491,315,000 7 $ 683,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 58,597,476,000 7 $ 1,084,000
Fortress Bank
9000 N. KNOXVILLE AVENUE
PEORIA, IL 61615
* $ 272,002,000 6 $ 491,000
Community 1st Credit Union
1030 SIERRA DR NE
OTTUMWA, IA 52501
* $ 411,642,000 6 $ 785,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 5 $ 665,000
Great Western Bank
35 1ST AVE NE
WATERTOWN, SD 57201
* $ 9,077,575,000 5 $ 397,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 5 $ 399,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 5 $ 491,000
Flagstar Bank NA

TROY, MI 49098
* $ 14,069,057,000 4 $ 524,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,247,622,000 4 $ 236,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 169,076,807,000 4 $ 587,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 3 $ 157,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,864,946,000 3 $ 109,000
United Community Bank
104 N MACOUPIN
CHATHAM, IL 62629
* $ 953,650,000 3 $ 139,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 3 $ 176,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 3 $ 368,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 3 $ 389,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,281,268,000 3 $ 463,000
First Bankers Trust Company
505 NORTH 24TH STREET
QUINCY, IL 62301
* $ 796,436,000 2 $ 144,000
Citizens Savings Bank
215 EAST MAIN STREET
ANAMOSA, IA 52205
* $ 123,659,000 2 $ 109,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 2 $ 298,000
Midwest Heritage Bank FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ 164,424,000 2 $ 151,000
BNC National Bank

BISMARCK, ND 58501
* $ 768,613,000 2 $ 249,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 2 $ 125,000
Walker & Dunlop, LLC
7501 WISCONSIN AVE, STE 1200E
BETHESDA, MD 20814
* $ 552,596,000 2 $ 10,799,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 2 $ 324,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 82,086,021,000 2 $ 177,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 119,444,656,000 2 $ 109,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 23,260,580,000 2 $ 248,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 237,816,000 2 $ 222,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 52,436,123,000 2 $ 499,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 63,343,359,000 1 $ 31,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 16,553,533,000 1 $ 50,000
Arvest Mortgage Company
931 W MONROE
LOWELL, AR 72745
* $ 13,199,987,000 1 $ 90,000
Farmers National Bank
114 W THIRD ST
PROPHETSTOWN, IL 61277
* $ 504,504,000 1 $ 53,000
Premia Mortgage, LLC
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 608,779,509,000 1 $ 108,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 120,420,787,000 1 $ 27,000
Trustmark Bank
PO BOX 291
JACKSON, MS 39201
* $ 9,716,802,000 1 $ 5,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 15,532,278,000 1 $ 160,000
Reverse Mortgage Solutions Inc
14405 WALTERS RD SUITE 200
HOUSTON, TX 77014
* $ 10,978,000 1 $ 42,898,000
Cornerstone Home Lending, Inc.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ 57,509,481,000 1 $ 365,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 95,264,963,000 1 $ 94,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 250,961,257,000 1 $ 60,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 72,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 478,049,000 1 $ 69,000
Ascentra Credit Union
PO BOX 1107
BETTENDORF, IA 52722
* $ 276,364,000 1 $ 2,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 2,350,048,000 1 $ 118,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 467,666,000 1 $ 151,000
First American Bank
1207 CENTRAL AVE
FORT DODGE, IA 50501
* $ 1,176,846,000 1 $ 2,000
Farmers & Mechanics Bank
21 E MAIN ST
GALESBURG, IL 61401
* $ 275,214,000 1 $ 174,000
Bank of Springfield
2600 STEVENSON DRIVE
SPRINGFIELD, IL 62711
* $ 757,844,000 1 $ 184,000
Nationwide Bank
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 5,164,405,000 1 $ 190,000
Banc of California, NA
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 1,369,414,000 1 $ 70,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 1 $ 55,000
Generation Mortgage Company
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 1 $ 102,000
Weichert Financial Services
225 LITTLETON ROAD
MORRIS PLAINS, NJ 07950
* $ 31,000,000 1 $ 153,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 81,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ 101,315,000 1 $ 280,000
Nxt Bank
320 3RD ST SE
CEDAR RAPIDS, IA 52401
* $ 153,409,000 1 $ 15,000
Farmers Bank & Trust
1017 HARRISON
GREAT BEND, KS 67530
* $ 669,944,000 1 $ 77,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 1 $ 96,000
Inlanta Mortgage, Inc.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ 39,000,000 1 $ 74,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 1 $ 284,000
Farm Credit Services of America, Flca
5015 S 118TH ST
OMAHA, NE 68137
* $ 10,000,000 1 $ 420,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ 100,000,000 1 $ 147,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ 10,000,000 1 $ 101,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 47,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 1 $ 118,000
Northwest Bank
705 GRAND AVE.
SPENCER, IA 51301
* $ 1,069,063,000 1 $ 40,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 1 $ 68,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 543,088,000 1 $ 27,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 209,365,000 1 $ 68,000
Grinnell State Bank
814 FOURTH AVENUE
GRINNELL, IA 50112
* $ 272,374,000 1 $ 105,000
Bankorion
1114 4TH STREET
ORION, IL 61273
* $ 418,678,000 1 $ 94,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 2,203,139,000 1 $ 45,000
Lincoln Savings Bank
301 WASHINGTON ST
REINBECK, IA 50669
* $ 630,111,000 1 $ 140,000
Federation Bank
102 E MAIN ST
WASHINGTON, IA 52353
* $ 116,584,000 1 $ 24,000
City State Bank
801 MAIN STREET
NORWALK, IA 50211
* $ 261,399,000 1 $ 44,000

The tables below break down 2013 mortgage applications in Lee County, IA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Lee County, IA in 2013

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
Refinancing 373 $87,831,000 $235,000 $42,898,000 $86,000 $5,198,000
Home Purchase 245 $22,096,000 $90,000 $345,000 $59,000 $957,000
Home Improvement 88 $2,284,000 $25,000 $234,000 $60,000 $186,000

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 589 $48,072,000 $81,000 $650,000 $71,000 $4,552,000
Not applicable 48 $58,110,000 $1,210,000 $42,898,000 $16,000 $115,000
Not Provided 47 $4,340,000 $92,000 $365,000 $160,000 $5,198,000
Hispanic 13 $1,055,000 $81,000 $147,000 $64,000 $114,000
Black or African American 9 $634,000 $70,000 $132,000 $75,000 $174,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 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) 524 $52,991,000 $101,000 $5,400,000 $86,000 $5,198,000
FHA-insured (Federal Housing Administration) 81 $49,328,000 $608,000 $42,898,000 $34,000 $121,000
VA-guaranteed (Veterans Administration) 52 $6,496,000 $124,000 $345,000 $49,000 $144,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 49 $3,396,000 $69,000 $134,000 $28,000 $54,000

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 400 $38,690,000 $96,000 $5,400,000 $75,000 $4,552,000
Application Denied By Financial Institution 138 $16,706,000 $121,000 $5,399,000 $94,000 $5,198,000
Loan Purchased By The Institution 61 $48,241,000 $790,000 $42,898,000 $34,000 $174,000
Application Withdrawn By Applicant 47 $4,239,000 $90,000 $280,000 $59,000 $229,000
Application Approved But Not Accepted 34 $2,193,000 $64,000 $227,000 $65,000 $404,000
File Closed For Incompleteness 26 $2,142,000 $82,000 $195,000 $58,000 $135,000
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 21 $2,304,000 $109,000 $650,000 $69,000 $252,000
Debt-To-Income Ratio 16 $1,539,000 $96,000 $227,000 $54,000 $226,000
Collateral 9 $1,379,000 $153,000 $299,000 $125,000 $274,000
Other 5 $432,000 $86,000 $177,000 $59,000 $100,000
Unverifiable Information 3 $421,000 $140,000 $294,000 $1,784,000 $5,198,000
Employment History 3 $324,000 $108,000 $160,000 $60,000 $78,000
Insufficient Cash (Downpayment, Closing Cost) 1 $85,000 $85,000 $85,000 $42,000 $42,000
Credit Application Incomplete 1 $90,000 $90,000 $90,000 $52,000 $52,000
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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