Armed Forces Bank, N.A. Mortgage Lending & HMDA Data, 2016

In 2016, Armed Forces Bank, N.A. of Fort Leavenworth, KS reported 674 mortgage applications totaling $167.5 million, down 5% from 2015. The average application was for $248,458, and applicants reported an average income of $97,240. 53% of its applications resulted in an originated loan and 18% were denied. Its largest markets were Kansas City, MO-KS (169), Denver-Aurora-Lakewood, CO (64) and Colorado Springs, CO (37) (applications in parentheses).

Mortgage Company & Address Armed Forces Bank, N.A.
320 Kansas Avenue
Fort Leavenworth, KS 66027
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  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 674
Total Mortgage Loan Application Amount $167,461,000
Average Mortgage Loan Application Amount $248,458
Highest Mortgage Loan Application Amount $3,135,000
Average Applicant Income $97,240
Highest Applicant Income $650,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Armed Forces Bank, N.A. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Armed Forces Bank, N.A. in 2016

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 370 $91,586,000 $247,000 $1,500,000 $106,000 $650,000
Refinancing 258 $67,183,000 $260,000 $3,135,000 $89,000 $536,000
Home Improvement 46 $8,692,000 $188,000 $775,000 $73,000 $332,000

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 425 $108,595,000 $255,000 $1,800,000 $107,000 $650,000
Black or African American 80 $16,081,000 $201,000 $678,000 $68,000 $210,000
Not Provided 72 $17,477,000 $242,000 $1,000,000 $80,000 $398,000
Hispanic 56 $11,607,000 $207,000 $1,104,000 $87,000 $607,000
Asian 27 $7,626,000 $282,000 $1,279,000 $102,000 $370,000
Native Hawaiin or Other Pacific Islander 9 $1,852,000 $205,000 $423,000 $91,000 $214,000
American Indian or Alaskan Native 4 $1,088,000 $272,000 $589,000 $122,000 $296,000
Not applicable 1 $3,135,000 $3,135,000 $3,135,000 $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) 299 $86,593,000 $289,000 $3,135,000 $137,000 $650,000
VA-guaranteed (Veterans Administration) 275 $61,444,000 $223,000 $1,000,000 $66,000 $398,000
FHA-insured (Federal Housing Administration) 98 $19,219,000 $196,000 $549,000 $66,000 $271,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $205,000 $102,000 $128,000 $23,000 $47,000

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 356 $90,014,000 $252,000 $1,279,000 $102,000 $607,000
Application Denied By Financial Institution 118 $23,476,000 $198,000 $951,000 $75,000 $233,000
Application Withdrawn By Applicant 86 $18,815,000 $218,000 $1,013,000 $107,000 $650,000
File Closed For Incompleteness 68 $20,681,000 $304,000 $1,800,000 $94,000 $483,000
Application Approved But Not Accepted 46 $14,475,000 $314,000 $3,135,000 $102,000 $496,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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 70 $12,122,000 $173,000 $640,000 $74,000 $229,000
Debt-To-Income Ratio 22 $6,611,000 $300,000 $951,000 $71,000 $232,000
Collateral 18 $3,211,000 $178,000 $406,000 $89,000 $233,000
Other 4 $534,000 $133,000 $244,000 $86,000 $158,000
Employment History 3 $598,000 $199,000 $306,000 $42,000 $81,000
Insufficient Cash (Downpayment, Closing Cost) 1 $400,000 $400,000 $400,000 $69,000 $69,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Armed Forces Bank, N.A.'s 2016 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 Armed Forces Bank, N.A.'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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