Anb Bank Mortgage Lending & HMDA Data, 2017

In 2017, Anb Bank of Denver, CO reported 480 mortgage applications totaling $147.9 million, down 5% from 2016. The average application was for $308,225, and applicants reported an average income of $129,418. 78% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Kansas City, MO-KS (88), Denver-Aurora-Lakewood, CO (85) and Colorado Springs, CO (51) (applications in parentheses).

Mortgage Company & Address Anb Bank
3033 E 1st Avenue
Denver, CO 80206
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 480
Total Mortgage Loan Application Amount $147,948,000
Average Mortgage Loan Application Amount $308,225
Highest Mortgage Loan Application Amount $10,000,000
Average Applicant Income $129,418
Highest Applicant Income $9,647,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Anb Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for Anb Bank in 2017

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 237 $92,084,000 $388,000 $10,000,000 $174,000 $9,647,000
Refinancing 183 $40,278,000 $220,000 $6,900,000 $81,000 $861,000
Home Improvement 60 $15,586,000 $259,000 $2,000,000 $101,000 $2,284,000

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 263 $70,544,000 $268,000 $3,375,000 $218,000 $9,647,000
Not applicable 176 $68,253,000 $387,000 $10,000,000 $3,000 $272,000
Hispanic 22 $3,132,000 $142,000 $450,000 $67,000 $202,000
Not Provided 14 $4,693,000 $335,000 $1,000,000 $166,000 $840,000
Asian 3 $693,000 $231,000 $375,000 $125,000 $292,000
Black or African American 2 $633,000 $316,000 $418,000 $64,000 $77,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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) 480 $147,948,000 $308,000 $10,000,000 $130,000 $9,647,000
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 373 $111,367,000 $298,000 $10,000,000 $133,000 $9,647,000
Application Denied By Financial Institution 46 $9,306,000 $202,000 $800,000 $78,000 $376,000
Application Withdrawn By Applicant 28 $12,681,000 $452,000 $3,375,000 $149,000 $1,422,000
Application Approved But Not Accepted 24 $12,962,000 $540,000 $3,705,000 $99,000 $523,000
Loan Purchased By The Institution 5 $540,000 $108,000 $131,000 $0 $0
File Closed For Incompleteness 4 $1,092,000 $273,000 $540,000 $630,000 $1,920,000
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
Debt-To-Income Ratio 17 $4,027,000 $236,000 $800,000 $48,000 $188,000
Credit History 15 $1,513,000 $100,000 $460,000 $84,000 $376,000
Collateral 10 $2,092,000 $209,000 $746,000 $96,000 $270,000
Employment History 2 $775,000 $387,000 $750,000 $84,000 $157,000
Insufficient Cash (Downpayment, Closing Cost) 1 $750,000 $750,000 $750,000 $323,000 $323,000
Other 1 $149,000 $149,000 $149,000 $82,000 $82,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Anb Bank's 2017 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 Anb Bank'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.
For a list of all lenders in Colorado, download the full spreadsheet with aggregated HMDA statistics today.

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