Core Bank Mortgage Lending & HMDA Data, 2017

In 2017, Core Bank of Omaha, NE reported 733 mortgage applications totaling $180.8 million, down 9% from 2016. The average application was for $246,665, and applicants reported an average income of $108,638. 86% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Omaha-Council Bluffs, NE-IA (675), Lincoln, NE (13) and Denver-Aurora-Lakewood, CO (3) (applications in parentheses).

Mortgage Company & Address Core Bank
12100 W Center Rd
Omaha, NE 68118
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  2005  2004  2003  
Total Number of Mortgage Applications 733
Total Mortgage Loan Application Amount $180,806,000
Average Mortgage Loan Application Amount $246,665
Highest Mortgage Loan Application Amount $8,000,000
Average Applicant Income $108,638
Highest Applicant Income $1,839,000

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Disclosure Act (HMDA) records Core Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Core Bank by Metropolitan Area in 2017

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Omaha-Council Bluffs, NE-IA 675 $ 167,057,000 $ 247,491 $ 107,128
Lincoln, NE 13 $ 2,260,000 $ 173,846 $ 101,000
Denver-Aurora-Lakewood, CO 3 $ 1,333,000 $ 444,333 $ 122,000
Fayetteville-Springdale-Rogers, AR-MO 2 $ 208,000 $ 104,000 $ 51,000
Indianapolis-Carmel-Anderson, IN 2 $ 390,000 $ 195,000 $ 48,000
Kansas City, MO-KS 2 $ 357,000 $ 178,500 $ 71,500
Milwaukee-Waukesha-West Allis, WI 2 $ 599,000 $ 299,500 $ 135,000
Phoenix-Mesa-Scottsdale, AZ 2 $ 325,000 $ 162,500 $ 80,000
Albany, GA 1 $ 177,000 $ 177,000 $ 160,000
Chicago-Naperville-Arlington Heights, IL 1 $ 220,000 $ 220,000 $ 123,000
Dallas-Plano-Irving, TX 1 $ 545,000 $ 545,000 $ 294,000
Des Moines-West Des Moines, IA 1 $ 293,000 $ 293,000 $ 0
Grand Forks, ND-MN 1 $ 131,000 $ 131,000 $ 121,000
Grand Island, NE 1 $ 215,000 $ 215,000 $ 80,000
Houston-The Woodlands-Sugar Land, TX 1 $ 86,000 $ 86,000 $ 102,000
Idaho Falls, ID 1 $ 116,000 $ 116,000 $ 42,000
Jacksonville, NC 1 $ 83,000 $ 83,000 $ 118,000
Joplin, MO 1 $ 276,000 $ 276,000 $ 407,000
Las Vegas-Henderson-Paradise, NV 1 $ 226,000 $ 226,000 $ 156,000
Minneapolis-St. Paul-Bloomington, MN-WI 1 $ 424,000 $ 424,000 $ 296,000
Nashville-Davidson--Murfreesboro--Franklin, TN 1 $ 300,000 $ 300,000 $ 81,000
New Orleans-Metairie, LA 1 $ 244,000 $ 244,000 $ 82,000
North Port-Sarasota-Bradenton, FL 1 $ 1,403,000 $ 1,403,000 $ 637,000
Oklahoma City, OK 1 $ 424,000 $ 424,000 $ 242,000
Sacramento--Roseville--Arden-Arcade, CA 1 $ 352,000 $ 352,000 $ 107,000
San Antonio-New Braunfels, TX 1 $ 220,000 $ 220,000 $ 65,000
Sioux City, IA-NE-SD 1 $ 180,000 $ 180,000 $ 114,000
St. Louis, MO-IL 1 $ 200,000 $ 200,000 $ 109,000
Tampa-St. Petersburg-Clearwater, FL 1 $ 261,000 $ 261,000 $ 155,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 1 $ 167,000 $ 167,000 $ 88,000

Mortgage Loan Application Detail Totals for Core 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 557 $122,558,000 $220,000 $2,694,000 $108,000 $1,839,000
Refinancing 164 $53,316,000 $325,000 $8,000,000 $114,000 $637,000
Home Improvement 12 $4,932,000 $411,000 $2,167,000 $65,000 $328,000

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 552 $123,485,000 $223,000 $1,403,000 $120,000 $1,839,000
Not Provided 74 $15,522,000 $209,000 $639,000 $111,000 $341,000
Not applicable 43 $30,929,000 $719,000 $8,000,000 $0 $0
Hispanic 35 $5,628,000 $160,000 $384,000 $82,000 $324,000
Asian 15 $3,226,000 $215,000 $355,000 $94,000 $128,000
Black or African American 10 $1,524,000 $152,000 $383,000 $69,000 $127,000
American Indian or Alaskan Native 3 $330,000 $110,000 $181,000 $36,000 $66,000
Native Hawaiian or Other Pacific Islander 1 $162,000 $162,000 $162,000 $37,000 $37,000

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) 461 $121,144,000 $262,000 $8,000,000 $122,000 $1,839,000
VA-guaranteed (Veterans Administration) 166 $43,606,000 $262,000 $669,000 $96,000 $332,000
FHA-insured (Federal Housing Administration) 106 $16,056,000 $151,000 $392,000 $70,000 $407,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 633 $160,274,000 $253,000 $8,000,000 $110,000 $1,839,000
Application Withdrawn By Applicant 71 $14,334,000 $201,000 $1,220,000 $99,000 $308,000
Application Denied By Financial Institution 23 $4,986,000 $216,000 $669,000 $107,000 $328,000
Application Approved But Not Accepted 6 $1,212,000 $202,000 $347,000 $54,000 $94,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Core 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 Core 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.
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