Edward Jones Mortgage, LLC Mortgage Lending & HMDA Data, 2004

In 2004, Edward Jones Mortgage, LLC of Minneapolis, MN reported 157 mortgage applications totaling $21.7 million, down 63% from 2003. The average application was for $138,445, and applicants reported an average income of $97,191. 96% of its applications resulted in an originated loan and 0% were denied. Its largest markets were St. Louis, MO-IL (10), Dallas-Plano-Irving, TX (5) and Fort Worth-Arlington, TX (5) (applications in parentheses).

Mortgage Company & Address Edward Jones Mortgage, LLC
2701 Wells Fargo Way, Mac X9902-01r
Minneapolis, MN 55467
Federal Regulator * available with data download
Years 2004  2003  
Total Number of Mortgage Applications 157
Total Mortgage Loan Application Amount $21,736,000
Average Mortgage Loan Application Amount $138,445
Highest Mortgage Loan Application Amount $403,000
Average Applicant Income $97,191
Highest Applicant Income $400,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Edward Jones Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Edward Jones Mortgage, LLC by Metropolitan Area in 2004

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
St. Louis, MO-IL 10 $ 1,383,000 $ 138,300 $ 71,000
Dallas-Plano-Irving, TX 5 $ 544,000 $ 108,800 $ 88,000
Fort Worth-Arlington, TX 5 $ 490,000 $ 98,000 $ 97,000
Houston-Baytown-Sugar Land, TX 4 $ 479,000 $ 119,750 $ 104,000
Baltimore-Towson, MD 3 $ 295,000 $ 98,333 $ 110,000
Chicago-Naperville-Joliet, IL 3 $ 568,000 $ 189,333 $ 93,000
Oklahoma City, OK 3 $ 570,000 $ 190,000 $ 176,000
Abilene, TX 2 $ 84,000 $ 42,000 $ 131,000
Champaign-Urbana, IL 2 $ 247,000 $ 123,500 $ 106,000
Corpus Christi, TX 2 $ 113,000 $ 56,500 $ 121,000
Grand Rapids-Wyoming, MI 2 $ 208,000 $ 104,000 $ 60,000
Las Vegas-Paradise, NV 2 $ 180,000 $ 90,000 $ 35,000
Nashville-Davidson--Murfreesboro, TN 2 $ 395,000 $ 197,500 $ 93,000
Olympia, WA 2 $ 308,000 $ 154,000 $ 88,000
Riverside-San Bernardino-Ontario, CA 2 $ 198,000 $ 99,000 $ 50,000
San Antonio, TX 2 $ 336,000 $ 168,000 $ 152,000
Spokane, WA 2 $ 270,000 $ 135,000 $ 96,000
Tulsa, OK 2 $ 243,000 $ 121,500 $ 93,000
Warren-Farmington Hills-Troy, MI 2 $ 580,000 $ 290,000 $ 133,000
Allentown-Bethlehem-Easton, PA-NJ 1 $ 125,000 $ 125,000 $ 93,000
Amarillo, TX 1 $ 27,000 $ 27,000 $ 44,000
Anchorage, AK 1 $ 157,000 $ 157,000 $ 114,000
Appleton, WI 1 $ 148,000 $ 148,000 $ 94,000
Asheville, NC 1 $ 216,000 $ 216,000 $ 100,000
Atlanta-Sandy Springs-Marietta, GA 1 $ 110,000 $ 110,000 $ 58,000
Bay City, MI 1 $ 188,000 $ 188,000 $ 110,000
Bismarck, ND 1 $ 75,000 $ 75,000 $ 90,000
Bloomington, IN 1 $ 35,000 $ 35,000 $ 18,000
Boise City-Nampa, ID 1 $ 334,000 $ 334,000 $ 316,000
Bowling Green, KY 1 $ 277,000 $ 277,000 $ 92,000
Cape Coral-Fort Myers, FL 1 $ 250,000 $ 250,000 $ 73,000
Carson City, NV 1 $ 185,000 $ 185,000 $ 108,000
Charlotte-Gastonia-Concord, NC-SC 1 $ 123,000 $ 123,000 $ 66,000
Chico, CA 1 $ 191,000 $ 191,000 $ 121,000
College Station-Bryan, TX 1 $ 81,000 $ 81,000 $ 83,000
Columbia, SC 1 $ 47,000 $ 47,000 $ 53,000
Columbus, OH 1 $ 98,000 $ 98,000 $ 45,000
Danville, VA 1 $ 100,000 $ 100,000 $ 46,000
Eau Claire, WI 1 $ 189,000 $ 189,000 $ 132,000
Farmington, NM 1 $ 130,000 $ 130,000 $ 195,000
Green Bay, WI 1 $ 142,000 $ 142,000 $ 98,000
Greensboro-High Point, NC 1 $ 229,000 $ 229,000 $ 48,000
Hagerstown-Martinsburg, MD-WV 1 $ 35,000 $ 35,000 $ 20,000
Honolulu, HI 1 $ 94,000 $ 94,000 $ 100,000
Indianapolis, IN 1 $ 211,000 $ 211,000 $ 80,000
Jackson, MS 1 $ 78,000 $ 78,000 $ 80,000
Kalamazoo-Portage, MI 1 $ 160,000 $ 160,000 $ 120,000
Kansas City, MO-KS 1 $ 250,000 $ 250,000 $ 119,000
Kennewick-Richland-Pasco, WA 1 $ 123,000 $ 123,000 $ 79,000
Killeen-Temple-Fort Hood, TX 1 $ 48,000 $ 48,000 $ 96,000
Knoxville, TN 1 $ 184,000 $ 184,000 $ 75,000
Lincoln, NE 1 $ 127,000 $ 127,000 $ 96,000
Los Angeles-Long Beach-Glendale, CA 1 $ 312,000 $ 312,000 $ 135,000
Midland, TX 1 $ 52,000 $ 52,000 $ 21,000
Minneapolis-St. Paul-Bloomington, MN-WI 1 $ 189,000 $ 189,000 $ 74,000
Mobile, AL 1 $ 126,000 $ 126,000 $ 60,000
Monroe, LA 1 $ 88,000 $ 88,000 $ 77,000
Myrtle Beach-Conway-North Myrtle Beach, SC 1 $ 136,000 $ 136,000 $ 111,000
Nassau-Suffolk, NY 1 $ 128,000 $ 128,000 $ 32,000
New Haven-Milford, CT 1 $ 158,000 $ 158,000 $ 72,000
New Orleans-Metairie-Kenner, LA 1 $ 58,000 $ 58,000 $ 71,000
Ocala, FL 1 $ 87,000 $ 87,000 $ 27,000
Odessa, TX 1 $ 131,000 $ 131,000 $ 200,000
Oxnard-Thousand Oaks-Ventura, CA 1 $ 333,000 $ 333,000 $ 138,000
Parkersburg-Marietta, WV-OH 1 $ 191,000 $ 191,000 $ 97,000
Phoenix-Mesa-Scottsdale, AZ 1 $ 241,000 $ 241,000 $ 84,000
Pittsburgh, PA 1 $ 30,000 $ 30,000 $ 25,000
Portland-South Portland-Biddeford, ME 1 $ 240,000 $ 240,000 $ 125,000
Portland-Vancouver-Beaverton, OR-WA 1 $ 204,000 $ 204,000 $ 60,000
Provo-Orem, UT 1 $ 288,000 $ 288,000 $ 121,000
Reading, PA 1 $ 70,000 $ 70,000 $ 63,000
Rochester, MN 1 $ 200,000 $ 200,000 $ 42,000
Shreveport-Bossier City, LA 1 $ 100,000 $ 100,000 $ 62,000
Texarkana, Tx-Texarkana, AR 1 $ 180,000 $ 180,000 $ 84,000
Toledo, OH 1 $ 161,000 $ 161,000 $ 73,000
Topeka, KS 1 $ 111,000 $ 111,000 $ 71,000
Victoria, TX 1 $ 226,000 $ 226,000 $ 102,000
Wilmington, DE-MD-NJ 1 $ 197,000 $ 197,000 $ 95,000

Mortgage Loan Application Detail Totals for Edward Jones Mortgage, LLC in 2004

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 95 $11,537,000 $134,742 $333,000 $94,200 $275,000
Home Purchase 62 $10,199,000 $171,040 $403,000 $103,200 $400,000
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 138 $19,570,000 $152,674 $403,000 $98,162 $400,000
Not Provided 16 $2,007,000 $145,181 $320,000 $99,090 $314,000
Hispanic 2 $85,000 $42,500 $50,000 $38,000 $56,000
Asian 1 $74,000 $74,000 $74,000 $66,000 $66,000
Black or African American 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 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) 157 $21,736,000 $153,444 $403,000 $97,822 $400,000
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 151 $21,312,000 $154,200 $403,000 $98,111 $400,000
Application Approved But Not Accepted 6 $424,000 $69,500 $123,000 $67,750 $130,000
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
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 Edward Jones Mortgage, LLC's 2004 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 Edward Jones Mortgage, LLC'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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