Ameriprise Bank, FSB Mortgage Lending & HMDA Data, 2008

In 2008, Ameriprise Bank, FSB of Minneapolis, MN reported 2,030 mortgage applications totaling $424.1 million, down 23% from 2007. The average application was for $208,906, and applicants reported an average income of $107,031. 37% of its applications resulted in an originated loan and 25% were denied. Its largest markets were Minneapolis-St. Paul-Bloomington, MN-WI (116), Philadelphia, PA (62) and Chicago-Naperville-Joliet, IL (52) (applications in parentheses).

Mortgage Company & Address Ameriprise Bank, FSB
707 2nd Avenue South
Minneapolis, MN 55474
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  
Total Number of Mortgage Applications 2,030
Total Mortgage Loan Application Amount $424,081,000
Average Mortgage Loan Application Amount $208,906
Highest Mortgage Loan Application Amount $2,063,000
Average Applicant Income $107,031
Highest Applicant Income $1,894,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Ameriprise Bank, FSB filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Ameriprise Bank, FSB by Metropolitan Area in 2008

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Minneapolis-St. Paul-Bloomington, MN-WI 116 $ 25,844,000 $ 222,793 $ 116,405
Philadelphia, PA 62 $ 13,924,000 $ 224,580 $ 111,000
Chicago-Naperville-Joliet, IL 52 $ 11,584,000 $ 222,769 $ 126,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 51 $ 18,833,000 $ 369,274 $ 135,470
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 44 $ 9,816,000 $ 223,090 $ 95,000
Seattle-Bellevue-Everett, WA 43 $ 12,297,000 $ 285,976 $ 125,000
Warren-Troy-Farmington Hills, MI 42 $ 7,021,000 $ 167,166 $ 120,000
Tampa-St. Petersburg-Clearwater, FL 40 $ 7,760,000 $ 194,000 $ 113,000
Portland-Vancouver-Beaverton, OR-WA 33 $ 7,509,000 $ 227,545 $ 99,090
Phoenix-Mesa-Scottsdale, AZ 31 $ 7,853,000 $ 253,322 $ 141,000
New York-White Plains-Wayne, NY-NJ 30 $ 8,363,000 $ 278,766 $ 122,466
Atlanta-Sandy Springs-Marietta, GA 28 $ 5,673,000 $ 202,607 $ 138,000
Las Vegas-Paradise, NV 28 $ 6,562,000 $ 234,357 $ 119,000
Los Angeles-Long Beach-Glendale, CA 27 $ 7,818,000 $ 289,555 $ 181,000
Austin-Round Rock, TX 25 $ 4,723,000 $ 188,920 $ 99,000
Columbus, OH 25 $ 3,826,000 $ 153,040 $ 84,000
Hartford-West Hartford-East Hartford, CT 25 $ 6,134,000 $ 245,360 $ 105,000
Denver-Aurora, CO 24 $ 7,526,000 $ 313,583 $ 154,000
Miami-Miami Beach-Kendall, FL 24 $ 4,410,000 $ 183,750 $ 82,000
Edison-New Brunswick, NJ 23 $ 5,855,000 $ 254,565 $ 93,000
Kansas City, MO-KS 23 $ 3,928,000 $ 170,782 $ 77,565
Portland-South Portland-Biddeford, ME 23 $ 4,764,000 $ 207,130 $ 84,000
Virginia Beach-Norfolk-Newport News, VA-NC 23 $ 5,261,000 $ 228,739 $ 85,000
Boston-Quincy, MA 21 $ 4,710,000 $ 224,285 $ 120,000
Charlotte-Gastonia-Concord, NC-SC 21 $ 4,012,000 $ 191,047 $ 113,523
Providence-New Bedford-Fall River, RI-MA 21 $ 3,221,000 $ 153,380 $ 73,333
St. Louis, MO-IL 21 $ 3,008,000 $ 143,238 $ 79,428
Detroit-Livonia-Dearborn, MI 20 $ 2,061,000 $ 103,050 $ 81,000
Wilmington, DE-MD-NJ 20 $ 3,565,000 $ 178,250 $ 98,050
Houston-Sugar Land-Baytown, TX 19 $ 3,739,000 $ 196,789 $ 93,000
Nassau-Suffolk, NY 18 $ 4,154,000 $ 230,777 $ 101,000
Allentown-Bethlehem-Easton, PA-NJ 16 $ 2,755,000 $ 172,187 $ 80,000
Jacksonville, FL 16 $ 2,832,000 $ 177,000 $ 125,000
Baltimore-Towson, MD 14 $ 4,621,000 $ 330,071 $ 112,000
Bethesda-Frederick-Gaithersburg, MD 14 $ 4,121,000 $ 294,357 $ 112,000
Cincinnati-Middletown, OH-KY-IN 14 $ 2,133,000 $ 152,357 $ 105,285
San Jose-Sunnyvale-Santa Clara, CA 14 $ 5,578,000 $ 398,428 $ 153,000
Boise City-Nampa, ID 13 $ 2,873,000 $ 221,000 $ 127,000
Bridgeport-Stamford-Norwalk, CT 13 $ 3,429,000 $ 263,769 $ 85,000
Indianapolis-Carmel, IN 13 $ 2,198,000 $ 169,076 $ 81,000
Newark-Union, NJ-PA 13 $ 3,575,000 $ 275,000 $ 138,000
Pittsburgh, PA 13 $ 2,083,000 $ 160,230 $ 127,000
Riverside-San Bernardino-Ontario, CA 13 $ 3,135,000 $ 241,153 $ 75,000
Little Rock-North Little Rock-Conway, AR 12 $ 1,627,000 $ 135,583 $ 68,000
Rockingham County-Strafford County, NH 12 $ 3,230,000 $ 269,166 $ 130,000
Salt Lake City, UT 12 $ 2,806,000 $ 233,833 $ 85,000
Camden, NJ 11 $ 2,464,000 $ 224,000 $ 105,000
Honolulu, HI 11 $ 2,983,000 $ 271,181 $ 149,000
New Haven-Milford, CT 11 $ 2,814,000 $ 255,818 $ 148,000
Raleigh-Cary, NC 11 $ 2,326,000 $ 211,454 $ 125,000
Birmingham-Hoover, AL 10 $ 1,462,000 $ 146,200 $ 58,000
Cape Coral-Fort Myers, FL 10 $ 3,067,000 $ 306,700 $ 184,000
Charleston-North Charleston-Summerville, SC 10 $ 1,597,000 $ 159,700 $ 61,000
Ogden-Clearfield, UT 10 $ 2,019,000 $ 201,900 $ 78,000
Sacramento--Arden-Arcade--Roseville, CA 10 $ 2,526,000 $ 252,600 $ 102,000
San Diego-Carlsbad-San Marcos, CA 10 $ 3,245,000 $ 324,500 $ 100,000
Baton Rouge, LA 9 $ 1,665,000 $ 185,000 $ 142,000
Cambridge-Newton-Framingham, MA 9 $ 2,684,000 $ 298,222 $ 124,000
Cleveland-Elyria-Mentor, OH 9 $ 1,052,000 $ 116,888 $ 73,000
Kalamazoo-Portage, MI 9 $ 1,021,000 $ 113,444 $ 59,000
Knoxville, TN 9 $ 1,344,000 $ 149,333 $ 91,000
Louisville-Jefferson County, KY-IN 9 $ 1,673,000 $ 185,888 $ 90,000
Orlando-Kissimmee, FL 9 $ 1,632,000 $ 181,333 $ 161,000
Richmond, VA 9 $ 1,595,000 $ 177,222 $ 105,000
Nashville-Davidson--Murfreesboro--Franklin, TN 8 $ 1,973,000 $ 246,625 $ 129,000
Peabody, MA 8 $ 2,678,000 $ 334,750 $ 156,000
Rocky Mount, NC 8 $ 1,063,000 $ 132,875 $ 62,000
Scranton--Wilkes-Barre, PA 8 $ 869,000 $ 108,625 $ 56,000
Tulsa, OK 8 $ 1,809,000 $ 226,125 $ 142,000
Asheville, NC 7 $ 1,806,000 $ 258,000 $ 149,000
Buffalo-Niagara Falls, NY 7 $ 681,000 $ 97,285 $ 68,000
Evansville, IN-KY 7 $ 807,000 $ 115,285 $ 80,000
Harrisburg-Carlisle, PA 7 $ 1,165,000 $ 166,428 $ 65,000
Manchester-Nashua, NH 7 $ 1,248,000 $ 178,285 $ 79,000
Memphis, TN-MS-AR 7 $ 1,145,000 $ 163,571 $ 105,000
San Antonio, TX 7 $ 1,276,000 $ 182,285 $ 118,000
Akron, OH 6 $ 866,000 $ 144,333 $ 101,000
Dallas-Plano-Irving, TX 6 $ 988,000 $ 164,666 $ 69,000
Gary, IN 6 $ 938,000 $ 156,333 $ 90,000
Madison, WI 6 $ 1,347,000 $ 224,500 $ 87,000
Punta Gorda, FL 6 $ 641,000 $ 106,833 $ 77,000
Springfield, MA 6 $ 1,321,000 $ 220,166 $ 122,000
Tucson, AZ 6 $ 1,006,000 $ 167,666 $ 121,000
Wichita, KS 6 $ 550,000 $ 91,666 $ 74,000
Fort Worth-Arlington, TX 5 $ 1,058,000 $ 211,600 $ 100,000
Houma-Bayou Cane-Thibodaux, LA 5 $ 999,000 $ 199,800 $ 89,000
Oakland-Fremont-Hayward, CA 5 $ 2,033,000 $ 406,600 $ 246,000
Omaha-Council Bluffs, NE-IA 5 $ 788,000 $ 157,600 $ 64,600
Poughkeepsie-Newburgh-Middletown, NY 5 $ 1,085,000 $ 217,000 $ 96,000
Rapid City, SD 5 $ 798,000 $ 159,600 $ 80,000
Rockford, IL 5 $ 608,000 $ 121,600 $ 75,000
Trenton-Ewing, NJ 5 $ 1,256,000 $ 251,200 $ 162,000
Tuscaloosa, AL 5 $ 1,271,000 $ 254,200 $ 116,000
West Palm Beach-Boca Raton-Boynton Beach, FL 5 $ 1,142,000 $ 228,400 $ 86,000
Albany-Schenectady-Troy, NY 4 $ 738,000 $ 184,500 $ 173,000
Albuquerque, NM 4 $ 685,000 $ 171,250 $ 72,000
Billings, MT 4 $ 458,000 $ 114,500 $ 66,000
Bradenton-Sarasota-Venice, FL 4 $ 355,000 $ 88,750 $ 35,000
Canton-Massillon, OH 4 $ 745,000 $ 186,250 $ 73,000
Chattanooga, TN-GA 4 $ 637,000 $ 159,250 $ 137,000
Des Moines-West Des Moines, IA 4 $ 373,000 $ 93,250 $ 78,000
Grand Junction, CO 4 $ 922,000 $ 230,500 $ 136,000
Greenville-Mauldin-Easley, SC 4 $ 430,000 $ 107,500 $ 58,000
Jackson, MS 4 $ 562,000 $ 140,500 $ 154,000
Lakeland-Winter Haven, FL 4 $ 375,000 $ 93,750 $ 103,000
Milwaukee-Waukesha-West Allis, WI 4 $ 656,000 $ 164,000 $ 67,000
New Orleans-Metairie-Kenner, LA 4 $ 789,000 $ 197,250 $ 64,000
Oklahoma City, OK 4 $ 682,000 $ 170,500 $ 37,000
Pine Bluff, AR 4 $ 400,000 $ 100,000 $ 63,000
Rochester, NY 4 $ 633,000 $ 158,250 $ 93,000
San Francisco-San Mateo-Redwood City, CA 4 $ 1,870,000 $ 467,500 $ 187,000
Santa Fe, NM 4 $ 927,000 $ 231,750 $ 138,000
Toledo, OH 4 $ 478,000 $ 119,500 $ 78,000
Wilmington, NC 4 $ 712,000 $ 178,000 $ 80,000
Winston-Salem, NC 4 $ 204,000 $ 51,000 $ 68,000
York-Hanover, PA 4 $ 532,000 $ 133,000 $ 88,000
Anchorage, AK 3 $ 1,084,000 $ 361,333 $ 172,000
Anderson, SC 3 $ 273,000 $ 91,000 $ 81,000
Athens-Clarke County, GA 3 $ 383,000 $ 127,666 $ 71,000
Atlantic City-Hammonton, NJ 3 $ 648,000 $ 216,000 $ 116,000
Barnstable Town, MA 3 $ 632,000 $ 210,666 $ 71,000
Bend, OR 3 $ 1,028,000 $ 342,666 $ 340,000
Colorado Springs, CO 3 $ 872,000 $ 290,666 $ 84,000
Columbia, SC 3 $ 726,000 $ 242,000 $ 227,000
Duluth, MN-WI 3 $ 381,000 $ 127,000 $ 79,000
Gainesville, GA 3 $ 495,000 $ 165,000 $ 126,000
Greensboro-High Point, NC 3 $ 531,000 $ 177,000 $ 61,000
Idaho Falls, ID 3 $ 657,000 $ 219,000 $ 54,000
Kennewick-Pasco-Richland, WA 3 $ 322,000 $ 107,333 $ 76,000
Lake County-Kenosha County, IL-WI 3 $ 1,000,000 $ 333,333 $ 199,000
Lewiston-Auburn, ME 3 $ 560,000 $ 186,666 $ 78,000
McAllen-Edinburg-Mission, TX 3 $ 533,000 $ 177,666 $ 120,000
Monroe, MI 3 $ 532,000 $ 177,333 $ 80,000
Ocala, FL 3 $ 435,000 $ 145,000 $ 63,000
Palm Bay-Melbourne-Titusville, FL 3 $ 292,000 $ 97,333 $ 101,000
Port St. Lucie, FL 3 $ 422,000 $ 140,666 $ 62,000
Provo-Orem, UT 3 $ 490,000 $ 163,333 $ 87,000
Santa Barbara-Santa Maria-Goleta, CA 3 $ 608,000 $ 202,666 $ 81,000
South Bend-Mishawaka, IN-MI 3 $ 247,000 $ 82,333 $ 53,000
Topeka, KS 3 $ 514,000 $ 171,333 $ 77,000
Vallejo-Fairfield, CA 3 $ 724,000 $ 241,333 $ 192,000
Worcester, MA 3 $ 790,000 $ 263,333 $ 105,000
Ann Arbor, MI 2 $ 332,000 $ 166,000 $ 63,000
Augusta-Richmond County, GA-SC 2 $ 302,000 $ 151,000 $ 63,000
Bremerton-Silverdale, WA 2 $ 593,000 $ 296,500 $ 287,000
Champaign-Urbana, IL 2 $ 258,000 $ 129,000 $ 84,000
Cheyenne, WY 2 $ 187,000 $ 93,500 $ 65,000
Durham, NC 2 $ 394,000 $ 197,000 $ 65,000
Fargo, ND-MN 2 $ 119,000 $ 59,500 $ 49,000
Goldsboro, NC 2 $ 192,000 $ 96,000 $ 53,000
Grand Rapids-Wyoming, MI 2 $ 179,000 $ 89,500 $ 37,000
Hanford-Corcoran, CA 2 $ 432,000 $ 216,000 $ 96,000
Jackson, MI 2 $ 300,000 $ 150,000 $ 132,000
Jackson, TN 2 $ 210,000 $ 105,000 $ 58,000
Lake Havasu City-Kingman, AZ 2 $ 211,000 $ 105,500 $ 93,000
Lexington-Fayette, KY 2 $ 409,000 $ 204,500 $ 67,000
Lincoln, NE 2 $ 217,000 $ 108,500 $ 48,000
Mount Vernon-Anacortes, WA 2 $ 262,000 $ 131,000 $ 133,000
Myrtle Beach-North Myrtle Beach-Conway, SC 2 $ 295,000 $ 147,500 $ 51,000
Parkersburg-Marietta-Vienna, WV-OH 2 $ 162,000 $ 81,000 $ 75,000
Racine, WI 2 $ 481,000 $ 240,500 $ 242,000
Reading, PA 2 $ 194,000 $ 97,000 $ 49,000
Reno-Sparks, NV 2 $ 712,000 $ 356,000 $ 144,000
Roanoke, VA 2 $ 352,000 $ 176,000 $ 46,000
Salem, OR 2 $ 532,000 $ 266,000 $ 142,000
Santa Ana-Anaheim-Irvine, CA 2 $ 617,000 $ 308,500 $ 147,000
Spartanburg, SC 2 $ 178,000 $ 89,000 $ 49,000
Springfield, MO 2 $ 214,000 $ 107,000 $ 66,000
Syracuse, NY 2 $ 317,000 $ 158,500 $ 113,000
Tacoma, WA 2 $ 610,000 $ 305,000 $ 140,000
Visalia-Porterville, CA 2 $ 330,000 $ 165,000 $ 44,000
Winchester, VA-WV 2 $ 339,000 $ 169,500 $ 23,000
Ames, IA 1 $ 215,000 $ 215,000 $ 74,000
Appleton, WI 1 $ 146,000 $ 146,000 $ 93,000
Battle Creek, MI 1 $ 165,000 $ 165,000 $ 59,000
Bellingham, WA 1 $ 238,000 $ 238,000 $ 75,000
Binghamton, NY 1 $ 118,000 $ 118,000 $ 38,000
Bowling Green, KY 1 $ 228,000 $ 228,000 $ 90,000
Brownsville-Harlingen, TX 1 $ 96,000 $ 96,000 $ 83,000
Burlington, NC 1 $ 187,000 $ 187,000 $ 61,000
Cedar Rapids, IA 1 $ 114,000 $ 114,000 $ 38,000
Charleston, WV 1 $ 61,000 $ 61,000 $ 74,000
Charlottesville, VA 1 $ 325,000 $ 325,000 $ 300,000
Columbus, GA-AL 1 $ 300,000 $ 300,000 $ 171,000
Corpus Christi, TX 1 $ 88,000 $ 88,000 $ 33,000
Dayton, OH 1 $ 129,000 $ 129,000 $ 85,000
Deltona-Daytona Beach-Ormond Beach, FL 1 $ 90,000 $ 90,000 $ 47,000
Dover, DE 1 $ 100,000 $ 100,000 $ 68,000
Eau Claire, WI 1 $ 220,000 $ 220,000 $ 120,000
Elkhart-Goshen, IN 1 $ 100,000 $ 100,000 $ 13,000
Fayetteville-Springdale-Rogers, AR-MO 1 $ 150,000 $ 150,000 $ 51,000
Flagstaff, AZ 1 $ 245,000 $ 245,000 $ 312,000
Fort Collins-Loveland, CO 1 $ 197,000 $ 197,000 $ 77,000
Fort Walton Beach-Crestview-Destin, FL 1 $ 320,000 $ 320,000 $ 113,000
Gainesville, FL 1 $ 207,000 $ 207,000 $ 64,000
Grand Forks, ND-MN 1 $ 125,000 $ 125,000 $ 276,000
Greeley, CO 1 $ 105,000 $ 105,000 $ 47,000
Green Bay, WI 1 $ 198,000 $ 198,000 $ 57,000
Greenville, NC 1 $ 233,000 $ 233,000 $ 140,000
Hickory-Lenoir-Morganton, NC 1 $ 140,000 $ 140,000 $ 38,000
Holland-Grand Haven, MI 1 $ 167,000 $ 167,000 $ 116,000
Huntsville, AL 1 $ 134,000 $ 134,000 $ 49,000
Johnstown, PA 1 $ 75,000 $ 75,000 $ 24,000
Kokomo, IN 1 $ 36,000 $ 36,000 $ 25,000
Lancaster, PA 1 $ 391,000 $ 391,000 $ 189,000
Lansing-East Lansing, MI 1 $ 153,000 $ 153,000 $ 138,000
Las Cruces, NM 1 $ 215,000 $ 215,000 $ 75,000
Logan, UT-ID 1 $ 100,000 $ 100,000 $ 155,000
Lynchburg, VA 1 $ 277,000 $ 277,000 $ 45,000
Mobile, AL 1 $ 417,000 $ 417,000 $ 390,000
Monroe, LA 1 $ 158,000 $ 158,000 $ 71,000
Montgomery, AL 1 $ 57,000 $ 57,000 $ 15,000
Muskegon-Norton Shores, MI 1 $ 200,000 $ 200,000 $ 59,000
Naples-Marco Island, FL 1 $ 150,000 $ 150,000 $ 54,000
Olympia, WA 1 $ 145,000 $ 145,000 $ 152,000
Oshkosh-Neenah, WI 1 $ 70,000 $ 70,000 $ 73,000
Oxnard-Thousand Oaks-Ventura, CA 1 $ 632,000 $ 632,000 $ 238,000
Pensacola-Ferry Pass-Brent, FL 1 $ 163,000 $ 163,000 $ 30,000
Peoria, IL 1 $ 130,000 $ 130,000 $ 42,000
Pocatello, ID 1 $ 231,000 $ 231,000 $ 95,000
Rochester, MN 1 $ 182,000 $ 182,000 $ 168,000
Saginaw-Saginaw Township North, MI 1 $ 67,000 $ 67,000 $ 27,000
San Angelo, TX 1 $ 70,000 $ 70,000 $ 603,000
Savannah, GA 1 $ 150,000 $ 150,000 $ 82,000
Shreveport-Bossier City, LA 1 $ 112,000 $ 112,000 $ 29,000
St. Cloud, MN 1 $ 155,000 $ 155,000 $ 99,000
State College, PA 1 $ 157,000 $ 157,000 $ 85,000
Wausau, WI 1 $ 168,000 $ 168,000 $ 46,000
Weirton-Steubenville, WV-OH 1 $ 103,000 $ 103,000 $ 40,000
Yuma, AZ 1 $ 125,000 $ 125,000 $ 45,000

Mortgage Loan Application Detail Totals for Ameriprise Bank, FSB in 2008

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 1,590 $328,128,000 $206,000 $900,000 $103,000 $1,894,000
Home Purchase 437 $95,196,000 $217,000 $2,063,000 $121,000 $1,200,000
Home Improvement 3 $757,000 $252,000 $417,000 $209,000 $275,000

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 1,565 $314,395,000 $200,000 $900,000 $104,000 $1,200,000
Black or African American 158 $31,283,000 $197,000 $900,000 $89,000 $520,000
Not Provided 147 $38,189,000 $259,000 $2,063,000 $129,000 $1,894,000
Hispanic 74 $16,322,000 $220,000 $500,000 $105,000 $612,000
Asian 71 $20,526,000 $289,000 $800,000 $162,000 $845,000
Native Hawaiian or Other Pacific Islander 8 $1,851,000 $231,000 $500,000 $103,000 $243,000
American Indian or Alaskan Native 7 $1,515,000 $216,000 $416,000 $113,000 $300,000
Not applicable 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) 2,030 $424,081,000 $208,000 $2,063,000 $107,000 $1,894,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

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 751 $139,784,000 $186,000 $770,000 $99,000 $603,000
Application Denied By Financial Institution 504 $119,687,000 $237,000 $2,063,000 $109,000 $1,894,000
File Closed For Incompleteness 370 $81,759,000 $220,000 $750,000 $118,000 $1,092,000
Application Withdrawn By Applicant 276 $55,400,000 $200,000 $850,000 $107,000 $570,000
Application Approved But Not Accepted 115 $24,928,000 $216,000 $600,000 $115,000 $396,000
Loan Purchased By The Institution 14 $2,523,000 $180,000 $300,000 $56,000 $70,000
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 173 $42,246,000 $244,000 $900,000 $137,000 $1,894,000
Debt-To-Income Ratio 135 $34,279,000 $253,000 $2,063,000 $67,000 $660,000
Other 106 $26,864,000 $253,000 $900,000 $137,000 $1,200,000
Credit History 81 $14,614,000 $180,000 $675,000 $79,000 $432,000
Unverifiable Information 7 $1,297,000 $185,000 $277,000 $185,000 $795,000
Employment History 2 $387,000 $193,000 $280,000 $179,000 $300,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Ameriprise Bank, FSB's 2008 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Ameriprise Bank, FSB's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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