Discover Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023

Discover Bank 2023 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.

Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher, this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.

Mortgage Company & Address Discover Bank
12 Reads Way
Greenwood, DE 19720
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  
Total Number of Mortgage Applications 219,689
Total Mortgage Loan Application Amount $18,898,055,000
Average Mortgage Loan Application Amount $107,000
Highest Mortgage Loan Application Amount $305,000
Average Applicant Income $135,500
Highest Applicant Income $9,571,000

Explore comprehensive HMDA mortgage statistics and lending trends for 2023 with Discover Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Discover Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.

Our HMDA dataset for 2023 breaks down Discover Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Discover Bank serves its applicants.

Each category highlights the total number of mortgage applications processed by Discover Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Discover Bank's mortgage activity for 2023.

Download the Delaware Lender List

Mortgage Loan Application Detail Totals for Discover Bank in 2023

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
Other Purpose 130,198 $10,178,490,000 $78,000 $305,000 $129,000 $9,571,000
Home Improvement 58,609 $4,916,925,000 $83,000 $305,000 $140,000 $7,611,000
Refinancing 27,921 $3,364,625,000 $120,000 $305,000 $135,000 $7,536,000
Home Purchase 2,961 $438,015,000 $147,000 $305,000 $138,000 $2,600,000
Not Applicable 0 $0 $0 $0 $0 $0
Cash-out Refinancing 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 117,041 $9,676,895,000 $82,000 $305,000 $132,000 $9,500,000
Not Provided 40,694 $3,607,000,000 $88,000 $305,000 $139,000 $6,120,000
Hispanic 25,103 $2,168,775,000 $86,000 $305,000 $125,000 $8,925,000
Black or African American 16,085 $1,305,355,000 $81,000 $305,000 $118,000 $6,794,000
Asian 9,732 $1,075,000,000 $110,000 $305,000 $154,000 $9,571,000
American Indian or Alaskan Native 6,083 $512,715,000 $84,000 $305,000 $120,000 $5,180,000
Native Hawaiian or Other Pacific Islander 399 $36,695,000 $91,000 $305,000 $137,000 $3,410,000
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) 219,689 $18,898,055,000 $86,000 $305,000 $133,000 $9,571,000
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
Application Denied By Financial Institution 103,181 $9,080,185,000 $88,000 $305,000 $123,000 $9,500,000
File Closed For Incompleteness 67,481 $5,417,455,000 $80,000 $305,000 $138,000 $9,571,000
Loan Originated 30,829 $2,824,555,000 $91,000 $305,000 $145,000 $1,782,000
Application Withdrawn By Applicant 17,501 $1,506,985,000 $86,000 $305,000 $145,000 $7,500,000
Application Approved But Not Accepted 697 $68,875,000 $98,000 $305,000 $137,000 $663,000
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 116,508 $9,817,870,000 $84,000 $305,000 $141,000 $9,571,000
Credit History 31,025 $2,574,365,000 $82,000 $305,000 $120,000 $7,536,000
Debt-To-Income Ratio 22,082 $1,957,110,000 $88,000 $305,000 $89,000 $810,000
Collateral 20,561 $1,704,525,000 $82,000 $305,000 $131,000 $2,557,000
Credit Application Incomplete 18,065 $1,798,315,000 $99,000 $305,000 $141,000 $9,500,000
Other 10,465 $957,505,000 $91,000 $305,000 $156,000 $6,590,000
Unverifiable Information 599 $56,475,000 $94,000 $305,000 $133,000 $2,456,000
Employment History 384 $31,890,000 $83,000 $305,000 $87,000 $900,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Discover Bank's 2023 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 Discover 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 Delaware, download the full spreadsheet with aggregated HMDA statistics today.

Download the Delaware Lender List