Armed Forces Bank, N.A. Mortgage Lending & HMDA Data, 2021

In 2021, Armed Forces Bank, N.A. of Fort Leavenworth, KS reported 1,154 mortgage applications totaling $340.8 million, down 11% from 2020. The average application was for $295,311, and applicants reported an average income of $117,201. 66% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Kansas City, MO-KS (135), Colorado Springs, CO (107) and Las Vegas-Henderson-Paradise, NV (60) (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 1,154
Total Mortgage Loan Application Amount $340,790,000
Average Mortgage Loan Application Amount $295,311
Highest Mortgage Loan Application Amount $1,605,000
Average Applicant Income $117,201
Highest Applicant Income $1,512,000

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(HMDA) records Armed Forces Bank, N.A. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2021

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 676 $186,550,000 $275,000 $1,605,000 $123,000 $1,031,000
Home Purchase 478 $154,240,000 $322,000 $1,395,000 $109,000 $1,512,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Cash-out Refinancing 0 $0 $0 $0 $0 $0
Home Improvement 0 $0 $0 $0 $0 $0

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 590 $178,610,000 $302,000 $1,605,000 $118,000 $1,031,000
Not Provided 265 $82,545,000 $311,000 $1,495,000 $123,000 $1,512,000
Black or African American 145 $36,125,000 $249,000 $695,000 $95,000 $621,000
Hispanic 88 $24,280,000 $275,000 $995,000 $101,000 $288,000
Asian 50 $15,210,000 $304,000 $1,115,000 $117,000 $261,000
American Indian or Alaskan Native 7 $1,225,000 $175,000 $255,000 $167,000 $570,000
Native Hawaiian or Other Pacific Islander 6 $1,700,000 $283,000 $785,000 $119,000 $128,000
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
VA-guaranteed (Veterans Administration) 669 $212,925,000 $318,000 $1,395,000 $105,000 $621,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 454 $121,320,000 $267,000 $1,605,000 $129,000 $1,512,000
FHA-insured (Federal Housing Administration) 30 $6,330,000 $211,000 $535,000 $65,000 $201,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $215,000 $215,000 $215,000 $64,000 $64,000

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 759 $224,885,000 $296,000 $1,495,000 $117,000 $1,031,000
Application Withdrawn By Applicant 218 $70,440,000 $323,000 $1,605,000 $120,000 $301,000
Application Denied By Financial Institution 90 $20,580,000 $228,000 $1,005,000 $92,000 $1,512,000
File Closed For Incompleteness 61 $18,605,000 $305,000 $935,000 $124,000 $570,000
Application Approved But Not Accepted 26 $6,280,000 $241,000 $475,000 $92,000 $181,000
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
Not applicable 1,064 $320,210,000 $300,000 $1,605,000 $118,000 $1,031,000
Credit History 59 $13,175,000 $223,000 $825,000 $106,000 $1,512,000
Other 12 $3,320,000 $276,000 $1,005,000 $102,000 $157,000
Debt-To-Income Ratio 9 $2,095,000 $232,000 $665,000 $47,000 $96,000
Collateral 7 $1,255,000 $179,000 $285,000 $66,000 $150,000
Unverifiable Information 2 $550,000 $275,000 $295,000 $40,000 $41,000
Employment History 1 $185,000 $185,000 $185,000 $82,000 $82,000
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 Armed Forces Bank, N.A.'s 2021 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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