Leelanau County, MI Mortgage Lenders & HMDA Data, 2013

In 2013, lenders reported 1,380 mortgage applications in Leelanau County, MI totaling $335.1 million, down 11% from 2012. The average application was for $242,000, and applicants reported an average income of $154,000. 54% of applications resulted in an originated loan and 19% were denied. The most active lender was Huntington National Bank, with 157 applications, followed by Lake Michigan Credit Union and Fifth Third Mortgage, Mi LLC.

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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 1,380
Total Mortgage Loan Application Amount $335,083,000
Average Mortgage Loan Application Amount $242,000
Highest Mortgage Loan Application Amount $4,000,000
Average Applicant Income $154,000
Highest Applicant Income $6,060,000

Mortgage Company List for Lending in Leelanau County, MI 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
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 55,954,625,000 157 $ 29,988,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 2,731,663,000 127 $ 36,247,000
Fifth Third Mortgage, Mi LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 118 $ 39,160,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,896,773,000,000 109 $ 29,348,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,266,125,000,000 89 $ 19,368,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 119,444,656,000 82 $ 23,402,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 119,444,656,000 60 $ 5,360,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,313,401,000,000 47 $ 10,715,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,474,077,383,000 35 $ 10,034,000
Chemical Bank
333 E MAIN STREET
MIDLAND, MI 48640
* $ 5,904,498,000 33 $ 9,641,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 28 $ 4,432,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 295,026,390,000 25 $ 6,484,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 22 $ 5,126,000
Neighborhood Mortgage Solutions, LLC
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 16 $ 2,947,000
Staunton Financial Inc
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48076
* $ 10,000,000 15 $ 2,816,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 345,088,616,000 15 $ 4,204,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 14 $ 2,203,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 14 $ 2,658,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 58,597,476,000 13 $ 2,722,000
Mbank
130 S CEDAR ST
MANISTIQUE, MI 49854
* $ 545,696,000 12 $ 2,948,000
Independent Bank
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,021,254,000 11 $ 1,842,000
Flagstar Bank NA

TROY, MI 49098
* $ 14,069,057,000 11 $ 2,729,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 9 $ 2,251,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 9 $ 1,934,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 8 $ 1,153,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 8 $ 1,238,000
Cole Taylor Bank
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 5,784,213,000 7 $ 1,742,000
Discover Home Loans, Inc.
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 73,491,315,000 7 $ 1,480,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 7 $ 2,152,000
Roundpoint Mortgage Company
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 6 $ 1,581,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 5 $ 1,315,000
Macatawa Bank, N.A.

ROSEMONT, IL 60018
* $ 1,556,533,000 5 $ 2,233,000
Msu Federal Credit Union
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 2,344,663,000 5 $ 1,068,000
Summit Community Bank
1600 ABBOT RD
EAST LANSING, MI 48823
* $ 160,682,000 5 $ 806,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ 35,475,880,000 5 $ 701,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 5 $ 1,683,000
First Place Bank
185 EAST MARKET
WARREN, OH 44481
* $ 2,590,320,000 5 $ 1,412,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 178,034,172,000 5 $ 1,170,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 16,553,533,000 4 $ 827,000
Kellogg Cfcu
41 SECOND ST
BATTLE CREEK, MI 49015
* $ 398,652,000 4 $ 642,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 15,532,278,000 4 $ 1,148,000
Arbor Financial Credit Union
1551 SOUTH 9TH STREET
KALAMAZOO, MI 49009
* $ 381,687,000 4 $ 452,000
Mortgage Center Lc
26555 EVERGREEN RD SUITE 900
SOUTHFIELD, MI 48076
* $ 30,000,000 4 $ 788,000
Mercantile Bank
310 LEONARD STREET NORTH WEST
GRAND RAPIDS, MI 49504
* $ 1,415,492,000 4 $ 865,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 4 $ 1,229,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ 40,394,000 3 $ 468,000
United Bank and Trust
2723 S STATE ST
ANN ARBOR, MI 48104
* $ 906,438,000 3 $ 1,300,000
Genisys Credit Union
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 1,482,505,000 3 $ 112,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 3 $ 728,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 52,436,123,000 3 $ 599,000
Comerica Bank

FARMINGTON HILLS, MI 48331
* $ 65,252,151,000 3 $ 951,000
Firstmerit Bank NA
III CASCADE PLAZA - CAS46
AKRON, OH 44308
* $ 14,901,417,000 3 $ 1,298,000
Mortgage 1 Incorporated
43456 MOUND ROAD
STERLING HEIGHTS, MI 48314
* $ 9,135,000 3 $ 646,000
First Community Bank
200 EAST MAIN STREET
HARBOR SPRINGS, MI 49740
* $ 250,110,000 3 $ 380,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 23,260,580,000 3 $ 1,899,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 18,212,833,000 3 $ 712,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 94,795,926,000 2 $ 332,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 104,823,994,000 2 $ 504,000
Main Street Bank
31780 TELEGRAPH ROAD, SUITE 100
BINGHAM FARMS, MI 48025
* $ 144,905,000 2 $ 482,000
Csb Mortgage Company Inc
PO BOX 98
CORTLAND, OH 44410
* $ 578,724,000 2 $ 459,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 169,076,807,000 2 $ 650,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 2 $ 349,000
The Northern Trust Co
50 S. LA SALLE
CHICAGO, IL 60603
* $ 97,138,782,000 2 $ 715,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 87,043,364,000 2 $ 340,000
Credit Union One
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 772,489,000 2 $ 263,000
Premier Bank
601 CLINTON STREET
YOUNGSTOWN, OH 44503
* $ 2,031,038,000 2 $ 415,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 2 $ 619,000
Michigan Educational
9200 HAGGERTY ROAD
PLYMOUTH, MI 48170
* $ 651,562,000 2 $ 330,000
Talmer Bank and Trust
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 2,312,554,000 2 $ 416,000
Wildfire Credit Union
6640 BAY RD
SAGINAW, MI 48605
* $ 677,491,000 2 $ 216,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 636,087,000 2 $ 500,000
Bank of Ann Arbor
1333 W ANN ARBOR ROAD
ANN ARBOR, MI 48104
* $ 890,768,000 2 $ 2,186,000
Keystone Community Bank
107 WEST MICHIGAN AVE.
KALAMAZOO, MI 49007
* $ 250,834,000 1 $ 704,000
Union Savings Bank
8534 E KEMPER RD
CINCINNATI, OH 45249
* $ 2,532,387,000 1 $ 415,000
Founders Bank & Trust
5200 CASCADE ROAD SE
GRAND RAPIDS, MI 49546
* $ 452,365,000 1 $ 360,000
The Bank of Holland
150 CENTRAL AVE
HOLLAND, MI 49423
* $ 653,442,000 1 $ 180,000
Intouch Credit Union
P O BOX 250169
PLANO, TX 75025
* $ 832,040,000 1 $ 300,000
The State Bank
175 N LEROY ST
FENTON, MI 48430
* $ 308,174,000 1 $ 372,000
First State Bank of St Charles
2850 WEST CLAY ST
ST CHARLES, MO 63301
* $ 266,761,000 1 $ 100,000
The Citizens National Bank
102 S. MAIN ST.
BLUFFTON, OH 45817
* $ 668,083,000 1 $ 379,000
County National Bank
ONE SOUTH HOWELL ST
HILLSDALE, MI 49242
* $ 443,431,000 1 $ 213,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 543,088,000 1 $ 340,000
Hantz Bank
26200 AMERICAN DRIVE, 2ND FLOOR
SOUTHFIELD, MI 48034
* $ 119,772,000 1 $ 327,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 209,365,000 1 $ 282,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 270,671,000 1 $ 187,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 1 $ 95,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 140,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 140,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 1 $ 401,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 1 $ 362,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 1 $ 198,000
Compass Mortgage, Inc.
27755 DIEHL ROAD, STE 100
WARRENVILLE, IL 60555
* $ 10,000,000 1 $ 397,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 1 $ 322,000
Service Finance Company, LLC
555 S FEDERAL HIGHWAY SUITE 200
BOCA RATON, FL 33432
* $ 10,000,000 1 $ 6,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 1 $ 121,000
Acrisure Mortgage, LLC
189 S ORANGE AVE STE 970
ORLANDO, FL 32801
* $ 12,000,000 1 $ 134,000
Ditech Mortgage Corp
1100 VIRGINIA DRIVE, SUITE 100
FT. WASHINGTON, PA 19034
* $ 5,720,000 1 $ 387,000
Hallmark Home Mortgage, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ 2,915,000 1 $ 182,000
Guardian Mortgage Company, Inc
100 N. CENTRAL EXPRESSWAY SUITE 190
RICHARDSON, TX 75083
* $ 10,000,000 1 $ 200,000
Omni Community Credit Union
PO BOX 1537
BATTLE CREEK, MI 49015
* $ 292,182,000 1 $ 50,000
Generation Mortgage Company
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 1 $ 120,000
Residential Finance Corporatio
1 EASTON OVAL #400
COLUMBUS, OH 43219
* $ 17,533,484,000 1 $ 129,000
Cashcall, Inc.
1 CITY BLVD WEST SUITE 1000
ORANGE, CA 92868
* $ 10,000,000 1 $ 225,000
Gfs Capital
6499 HAVENWOOD CIRCLE
HUNTINGTON BEACH, CA 92648
* $ 10,000,000 1 $ 75,000
Perl Mortgage, Inc.
2936 WEST BELMONT AVE
CHICAGO, IL 60618
* $ 11,000,000 1 $ 150,000
Signature Bank, National Association
4607 W. SYLVANIA AVE.
TOLEDO, OH 43623
* $ 592,250,000 1 $ 325,000
Wolverine Bank FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 284,479,000 1 $ 300,000
Level One Bank
32991 HAMILTON COURT
FARMINGTON HILLS, MI 48334
* $ 495,355,000 1 $ 804,000
Ann Arbor State Bank
125 W. WILLIAM STREET
ANN ARBOR, MI 48104
* $ 183,258,000 1 $ 350,000
Farmers Bank & Trust
1017 HARRISON
GREAT BEND, KS 67530
* $ 669,944,000 1 $ 241,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 1 $ 125,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 1 $ 165,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ 10,000,000 1 $ 409,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 1 $ 139,000
Northern Ohio Investment Company
6444 MONROE STREET, SUITE 6
SYLVANIA, OH 43560
* $ 10,000,000 1 $ 180,000
Newrez Ventures LLC
4000 W. BROWN DEER ROAD
SPRINGFIELD, IL 53209
* $ 1,270,503,000 1 $ 204,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 181,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 1 $ 338,000
Advisors Capital, Inc.
39810 GRAND RIVER AVE., SUITE C-200
NOVI, MI 48375
* $ 3,243,000 1 $ 204,000
Frankenmuth Credit Union
580 N. MAIN ST., PO BOX 209
FRANKENMUTH, MI 48734
* $ 261,846,000 1 $ 90,000
Dfcu Financial
400 TOWN CENTER DRIVE
DEARBORN, MI 48121
* $ 3,364,336,000 1 $ 180,000
Aac Credit Union
904 BROADWAY NW
GRAND RAPIDS, MI 49504
* $ 81,300,000 1 $ 78,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 237,816,000 1 $ 608,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ 2,872,587,000 1 $ 123,000
Incrediblebank
327 N 17TH AVE
WAUSAU, WI 54401
* $ 995,980,000 1 $ 146,000
First Independence Bank
7310 WOODWARD AVE SUITE 101
DETROIT, MI 48202
* $ 184,413,000 1 $ 68,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 1 $ 166,000
Seaway Community Bank
1960 FRED MOORE HWY
ST. CLAIR, MI 48079
* $ 180,627,000 1 $ 372,000
Liberty Savings Bank, FSB
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 552,370,000 1 $ 400,000
Andigo Credit Union
1501 E WOODFIELD RD
SCHAUMBURG, IL 60173
* $ 872,444,000 1 $ 77,000
Midwest Bankcentre
2191 LEMAY FERRY ROAD LEMAY
SAINT LOUIS, MO 63125
* $ 1,114,708,000 1 $ 301,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ 10,000,000 1 $ 154,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 397,000
Amwest Funding Corp
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ 10,000,000 1 $ 266,000
Prospect Mortgage, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 1 $ 201,000
Southwest Michigan Federal CU
4000 SOUTH SPRINKLE
KALAMAZOO, MI 49001
* $ 67,020,000 1 $ 68,000
HSBC Bank USA, NA

CHICAGO, IL 60606
* $ 186,789,896,000 1 $ 479,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 1 $ 266,000
Downriver Community Federal CU
4320 W. JEFFERSON
ECORSE, MI 48229
* $ 140,643,000 1 $ 180,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 82,086,021,000 1 $ 164,000
CIBC Bank USA
120 SOUTH LASALLE
CHICAGO, IL 60602
* $ 14,025,614,000 1 $ 4,000,000
1st Source Bank
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46601
* $ 4,539,754,000 1 $ 220,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 7,984,323,000 1 $ 175,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 6,680,971,000 1 $ 400,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ 8,270,837,000 1 $ 287,000
Star Financial Bank
127 WEST BERRY ST
FORT WAYNE, IN 46802
* $ 1,662,264,000 1 $ 69,000
Heartland Bank
430 N HAMILTON ROAD
WHITEHALL, OH 43213
* $ 577,721,000 1 $ 183,000
Old National Bank
1 MAIN STREET
EVANSVILLE, IN 47708
* $ 9,394,970,000 1 $ 147,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 137,781,000 1 $ 325,000
Financial Plus Credit Union
G-3381 VAN SLYKE RD, P.O. BOX 7006
FLINT, MI 48507
* $ 388,525,000 1 $ 112,000
Firstmerit Mortgage Corp
4455 HILLS AND DALES RD. NW - MTG80
CANTON, OH 44708
* $ 6,000,000,000 1 $ 417,000
Premia Mortgage, LLC
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 608,779,509,000 1 $ 264,000

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

Mortgage Loan Application Detail Totals for Leelanau County, MI 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 937 $227,950,000 $243,000 $4,000,000 $149,000 $6,060,000
Home Purchase 414 $104,322,000 $251,000 $2,000,000 $169,000 $3,757,000
Home Improvement 29 $2,811,000 $96,000 $399,000 $88,000 $448,000

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 1,140 $262,921,000 $230,000 $2,000,000 $146,000 $3,757,000
Not Provided 132 $41,113,000 $311,000 $1,860,000 $263,000 $6,060,000
Not applicable 68 $23,460,000 $345,000 $4,000,000 $59,000 $569,000
Hispanic 19 $2,972,000 $156,000 $414,000 $279,000 $3,947,000
American Indian or Alaskan Native 12 $2,010,000 $167,000 $383,000 $74,000 $280,000
Asian 7 $2,127,000 $303,000 $500,000 $157,000 $357,000
Black or African American 2 $480,000 $240,000 $417,000 $117,000 $163,000
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) 1,245 $311,911,000 $250,000 $4,000,000 $165,000 $6,060,000
FHA-insured (Federal Housing Administration) 66 $11,255,000 $170,000 $431,000 $43,000 $150,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 38 $5,304,000 $139,000 $239,000 $45,000 $86,000
VA-guaranteed (Veterans Administration) 31 $6,613,000 $213,000 $606,000 $60,000 $205,000

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 741 $179,269,000 $241,000 $4,000,000 $165,000 $3,757,000
Application Denied By Financial Institution 263 $64,429,000 $244,000 $2,250,000 $147,000 $3,947,000
Loan Purchased By The Institution 174 $41,503,000 $238,000 $1,755,000 $65,000 $1,793,000
Application Withdrawn By Applicant 89 $26,289,000 $295,000 $1,309,000 $187,000 $1,858,000
File Closed For Incompleteness 79 $17,409,000 $220,000 $1,000,000 $254,000 $6,060,000
Application Approved But Not Accepted 34 $6,184,000 $181,000 $431,000 $94,000 $353,000
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
Collateral 64 $21,405,000 $334,000 $2,250,000 $216,000 $2,444,000
Credit Application Incomplete 51 $9,725,000 $190,000 $875,000 $112,000 $520,000
Debt-To-Income Ratio 45 $10,540,000 $234,000 $810,000 $75,000 $289,000
Credit History 26 $4,303,000 $165,000 $819,000 $70,000 $231,000
Other 21 $4,446,000 $211,000 $1,225,000 $315,000 $3,947,000
Unverifiable Information 7 $1,928,000 $275,000 $819,000 $142,000 $496,000
Insufficient Cash (Downpayment, Closing Cost) 5 $1,077,000 $215,000 $305,000 $157,000 $303,000
Employment History 1 $199,000 $199,000 $199,000 $91,000 $91,000
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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