Equity Bank Mortgage Lending & HMDA Data, 2007

In 2007, Equity Bank of Wichita, KS reported 2,067 mortgage applications totaling $319.6 million, up 136% from 2006. The average application was for $154,626, and applicants reported an average income of $82,654. 70% of its applications resulted in an originated loan and 14% were denied. Its largest markets were Wichita, KS (948), Oklahoma City, OK (153) and New York-White Plains-Wayne, NY-NJ (45) (applications in parentheses).

Mortgage Company & Address Equity Bank
7701 E Kellogg Ste 200
Wichita, KS 67207
Tel #: available with data download
Federal Regulator * available with data download
Years 2011  2010  2009  2008  2007  2006  2005  
Total Number of Mortgage Applications 2,067
Total Mortgage Loan Application Amount $319,613,000
Average Mortgage Loan Application Amount $154,626
Highest Mortgage Loan Application Amount $2,400,000
Average Applicant Income $82,654
Highest Applicant Income $1,645,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Equity Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Equity Bank by Metropolitan Area in 2007

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Wichita, KS 948 $ 120,729,000 $ 127,351 $ 73,000
Oklahoma City, OK 153 $ 19,300,000 $ 126,143 $ 74,000
New York-White Plains-Wayne, NY-NJ 45 $ 13,242,000 $ 294,266 $ 136,888
Phoenix-Mesa-Scottsdale, AZ 38 $ 8,917,000 $ 234,657 $ 113,000
Lawrence, KS 34 $ 4,206,000 $ 123,705 $ 49,000
Shreveport-Bossier City, LA 33 $ 3,834,000 $ 116,181 $ 51,000
Atlanta-Sandy Springs-Marietta, GA 29 $ 4,657,000 $ 160,586 $ 95,000
Kansas City, MO-KS 27 $ 4,372,000 $ 161,925 $ 84,851
Chicago-Naperville-Joliet, IL 26 $ 4,451,000 $ 171,192 $ 88,000
Nassau-Suffolk, NY 23 $ 7,170,000 $ 311,739 $ 112,000
Tulsa, OK 23 $ 2,686,000 $ 116,782 $ 62,000
Dallas-Plano-Irving, TX 20 $ 4,583,000 $ 229,150 $ 109,000
Los Angeles-Long Beach-Glendale, CA 16 $ 6,062,000 $ 378,875 $ 131,000
Gary, IN 15 $ 1,925,000 $ 128,333 $ 68,000
Lawton, OK 15 $ 1,512,000 $ 100,800 $ 62,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 15 $ 4,190,000 $ 279,333 $ 90,400
Philadelphia, PA 13 $ 1,895,000 $ 145,769 $ 72,000
Las Vegas-Paradise, NV 12 $ 2,989,000 $ 249,083 $ 107,000
Houston-Sugar Land-Baytown, TX 11 $ 2,003,000 $ 182,090 $ 75,000
St. Louis, MO-IL 9 $ 893,000 $ 99,222 $ 66,000
New Orleans-Metairie-Kenner, LA 8 $ 1,202,000 $ 150,250 $ 52,000
Newark-Union, NJ-PA 8 $ 2,727,000 $ 340,875 $ 148,000
Tucson, AZ 8 $ 1,604,000 $ 200,500 $ 92,000
Cape Coral-Fort Myers, FL 7 $ 1,424,000 $ 203,428 $ 118,000
Miami-Miami Beach-Kendall, FL 7 $ 1,820,000 $ 260,000 $ 89,000
Indianapolis-Carmel, IN 6 $ 592,000 $ 98,666 $ 35,000
Norwich-New London, CT 6 $ 1,436,000 $ 239,333 $ 76,000
Baton Rouge, LA 5 $ 527,000 $ 105,400 $ 32,000
Chattanooga, TN-GA 5 $ 1,299,000 $ 259,800 $ 209,000
Cincinnati-Middletown, OH-KY-IN 5 $ 533,000 $ 106,600 $ 72,200
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 5 $ 1,052,000 $ 210,400 $ 91,000
Fort Smith, AR-OK 5 $ 453,000 $ 90,600 $ 31,800
Fort Worth-Arlington, TX 5 $ 1,196,000 $ 239,200 $ 177,000
Gainesville, GA 5 $ 947,000 $ 189,400 $ 78,000
Memphis, TN-MS-AR 5 $ 309,000 $ 61,800 $ 48,400
Riverside-San Bernardino-Ontario, CA 5 $ 1,752,000 $ 350,400 $ 89,000
Atlantic City, NJ 4 $ 894,000 $ 223,500 $ 92,000
Baltimore-Towson, MD 4 $ 1,069,000 $ 267,250 $ 59,000
Fresno, CA 4 $ 670,000 $ 167,500 $ 59,000
Kalamazoo-Portage, MI 4 $ 621,000 $ 155,250 $ 58,000
Providence-New Bedford-Fall River, RI-MA 4 $ 859,000 $ 214,750 $ 121,000
Salt Lake City, UT 4 $ 869,000 $ 217,250 $ 114,000
San Antonio, TX 4 $ 355,000 $ 88,750 $ 43,000
Tampa-St. Petersburg-Clearwater, FL 4 $ 1,751,000 $ 437,750 $ 360,000
Albuquerque, NM 3 $ 471,000 $ 157,000 $ 99,000
Ann Arbor, MI 3 $ 894,000 $ 298,000 $ 116,000
Boston-Quincy, MA 3 $ 1,081,000 $ 360,333 $ 91,000
Charlotte-Gastonia-Concord, NC-SC 3 $ 751,000 $ 250,333 $ 139,000
Dayton, OH 3 $ 335,000 $ 111,666 $ 96,000
Edison, NJ 3 $ 724,000 $ 241,333 $ 121,000
Fayetteville-Springdale-Rogers, AR-MO 3 $ 426,000 $ 142,000 $ 48,000
Lake County-Kenosha County, IL-WI 3 $ 438,000 $ 146,000 $ 69,333
Minneapolis-St. Paul-Bloomington, MN-WI 3 $ 2,375,000 $ 791,666 $ 116,000
Naples-Marco Island, FL 3 $ 880,000 $ 293,333 $ 65,000
Nashville-Davidson--Murfreesboro--Franklin, TN 3 $ 430,000 $ 143,333 $ 68,000
Pensacola-Ferry Pass-Brent, FL 3 $ 414,000 $ 138,000 $ 68,000
Portland-Vancouver-Beaverton, OR-WA 3 $ 2,834,000 $ 944,666 $ 568,000
Roanoke, VA 3 $ 472,000 $ 157,333 $ 75,000
Sacramento--Arden-Arcade--Roseville, CA 3 $ 808,000 $ 269,333 $ 379,000
Spartanburg, SC 3 $ 206,000 $ 68,666 $ 32,000
Topeka, KS 3 $ 396,000 $ 132,000 $ 45,000
Albany-Schenectady-Troy, NY 2 $ 329,000 $ 164,500 $ 76,000
Amarillo, TX 2 $ 666,000 $ 333,000 $ 526,000
Austin-Round Rock, TX 2 $ 381,000 $ 190,500 $ 52,000
Bakersfield, CA 2 $ 410,000 $ 205,000 $ 81,000
Bloomington, IN 2 $ 266,000 $ 133,000 $ 85,000
Cambridge-Newton-Framingham, MA 2 $ 495,000 $ 247,500 $ 100,000
Camden, NJ 2 $ 597,000 $ 298,500 $ 132,000
Charleston-North Charleston, SC 2 $ 179,000 $ 89,500 $ 29,000
Cleveland-Elyria-Mentor, OH 2 $ 223,000 $ 111,500 $ 61,000
Colorado Springs, CO 2 $ 361,000 $ 180,500 $ 38,000
Deltona-Daytona Beach-Ormond Beach, FL 2 $ 364,000 $ 182,000 $ 65,000
Detroit-Livonia-Dearborn, MI 2 $ 165,000 $ 82,500 $ 130,000
El Paso, TX 2 $ 170,000 $ 85,000 $ 44,000
Grand Forks, ND-MN 2 $ 229,000 $ 114,500 $ 45,000
Honolulu, HI 2 $ 297,000 $ 148,500 $ 79,000
Las Cruces, NM 2 $ 349,000 $ 174,500 $ 192,000
Little Rock-North Little Rock-Conway, AR 2 $ 200,000 $ 100,000 $ 43,000
Milwaukee-Waukesha-West Allis, WI 2 $ 216,000 $ 108,000 $ 70,000
Montgomery, AL 2 $ 183,000 $ 91,500 $ 77,000
Omaha-Council Bluffs, NE-IA 2 $ 269,000 $ 134,500 $ 49,000
Orlando-Kissimmee, FL 2 $ 380,000 $ 190,000 $ 126,000
Portland-South Portland-Biddeford, ME 2 $ 378,000 $ 189,000 $ 73,000
Reading, PA 2 $ 538,000 $ 269,000 $ 113,000
San Diego-Carlsbad-San Marcos, CA 2 $ 895,000 $ 447,500 $ 124,000
San Francisco-San Mateo-Redwood City, CA 2 $ 1,700,000 $ 850,000 $ 210,000
Santa Ana-Anaheim-Irvine, CA 2 $ 958,000 $ 479,000 $ 155,000
Savannah, GA 2 $ 279,000 $ 139,500 $ 72,000
Springfield, MA 2 $ 195,000 $ 97,500 $ 60,000
Springfield, MO 2 $ 247,000 $ 123,500 $ 80,000
Tallahassee, FL 2 $ 390,000 $ 195,000 $ 71,000
Virginia Beach-Norfolk-Newport News, VA-NC 2 $ 917,000 $ 458,500 $ 152,000
West Palm Beach-Boca Raton-Boynton Beach, FL 2 $ 770,000 $ 385,000 $ 123,000
Albany, GA 1 $ 110,000 $ 110,000 $ 120,000
Allentown-Bethlehem-Easton, PA-NJ 1 $ 246,000 $ 246,000 $ 57,000
Anchorage, AK 1 $ 376,000 $ 376,000 $ 67,000
Augusta-Richmond County, GA-SC 1 $ 47,000 $ 47,000 $ 24,000
Barnstable Town, MA 1 $ 225,000 $ 225,000 $ 132,000
Bethesda-Gaithersburg-Frederick, MD 1 $ 200,000 $ 200,000 $ 164,000
Binghamton, NY 1 $ 79,000 $ 79,000 $ 74,000
Birmingham-Hoover, AL 1 $ 230,000 $ 230,000 $ 84,000
Bismarck, ND 1 $ 92,000 $ 92,000 $ 63,000
Bremerton-Silverdale, WA 1 $ 234,000 $ 234,000 $ 82,000
Bridgeport-Stamford-Norwalk, CT 1 $ 120,000 $ 120,000 $ 60,000
Brownsville-Harlingen, TX 1 $ 60,000 $ 60,000 $ 21,000
Charleston, WV 1 $ 202,000 $ 202,000 $ 153,000
Clarksville, TN-KY 1 $ 167,000 $ 167,000 $ 124,000
Columbia, SC 1 $ 157,000 $ 157,000 $ 87,000
Columbus, OH 1 $ 476,000 $ 476,000 $ 100,000
Denver-Aurora, CO 1 $ 222,000 $ 222,000 $ 185,000
Durham, NC 1 $ 154,000 $ 154,000 $ 32,000
Eau Claire, WI 1 $ 99,000 $ 99,000 $ 50,000
Fargo, ND-MN 1 $ 52,000 $ 52,000 $ 34,000
Flagstaff, AZ 1 $ 172,000 $ 172,000 $ 89,000
Fort Wayne, IN 1 $ 106,000 $ 106,000 $ 72,000
Gainesville, FL 1 $ 128,000 $ 128,000 $ 584,000
Glens Falls, NY 1 $ 136,000 $ 136,000 $ 38,000
Greeley, CO 1 $ 205,000 $ 205,000 $ 86,000
Hagerstown-Martinsburg, MD-WV 1 $ 500,000 $ 500,000 $ 114,000
Harrisburg-Carlisle, PA 1 $ 194,000 $ 194,000 $ 144,000
Hinesville-Fort Stewart, GA 1 $ 122,000 $ 122,000 $ 62,000
Holland-Grand Haven, MI 1 $ 165,000 $ 165,000 $ 69,000
Joplin, MO 1 $ 88,000 $ 88,000 $ 26,000
Lafayette, LA 1 $ 127,000 $ 127,000 $ 35,000
Lakeland, FL 1 $ 203,000 $ 203,000 $ 195,000
Lancaster, PA 1 $ 216,000 $ 216,000 $ 98,000
Lexington-Fayette, KY 1 $ 166,000 $ 166,000 $ 100,000
Logan, UT-ID 1 $ 201,000 $ 201,000 $ 46,000
Louisville-Jefferson County, KY-IN 1 $ 423,000 $ 423,000 $ 270,000
Lynchburg, VA 1 $ 157,000 $ 157,000 $ 92,000
Mobile, AL 1 $ 107,000 $ 107,000 $ 0
Morristown, TN 1 $ 193,000 $ 193,000 $ 89,000
Myrtle Beach-Conway-North Myrtle Beach, SC 1 $ 178,000 $ 178,000 $ 0
New Haven-Milford, CT 1 $ 254,000 $ 254,000 $ 78,000
Niles-Benton Harbor, MI 1 $ 187,000 $ 187,000 $ 132,000
Ocean City, NJ 1 $ 293,000 $ 293,000 $ 96,000
Panama City-Lynn Haven, FL 1 $ 240,000 $ 240,000 $ 57,000
Provo-Orem, UT 1 $ 85,000 $ 85,000 $ 128,000
Punta Gorda, FL 1 $ 417,000 $ 417,000 $ 192,000
Racine, WI 1 $ 405,000 $ 405,000 $ 117,000
Raleigh-Cary, NC 1 $ 33,000 $ 33,000 $ 90,000
Richmond, VA 1 $ 191,000 $ 191,000 $ 81,000
Rockford, IL 1 $ 76,000 $ 76,000 $ 30,000
Salem, OR 1 $ 145,000 $ 145,000 $ 130,000
San Jose-Sunnyvale-Santa Clara, CA 1 $ 446,000 $ 446,000 $ 82,000
Seattle-Bellevue-Everett, WA 1 $ 256,000 $ 256,000 $ 0
South Bend-Mishawaka, IN-MI 1 $ 145,000 $ 145,000 $ 61,000
Spokane, WA 1 $ 293,000 $ 293,000 $ 71,000
Springfield, OH 1 $ 266,000 $ 266,000 $ 83,000
Syracuse, NY 1 $ 173,000 $ 173,000 $ 80,000
Tacoma, WA 1 $ 225,000 $ 225,000 $ 55,000
Vallejo-Fairfield, CA 1 $ 353,000 $ 353,000 $ 262,000
Visalia-Porterville, CA 1 $ 130,000 $ 130,000 $ 72,000
Warren-Troy-Farmington Hills, MI 1 $ 176,000 $ 176,000 $ 58,000
Wilmington, DE-MD-NJ 1 $ 133,000 $ 133,000 $ 41,000
Wilmington, NC 1 $ 383,000 $ 383,000 $ 240,000
Worcester, MA 1 $ 203,000 $ 203,000 $ 90,000

Mortgage Loan Application Detail Totals for Equity Bank in 2007

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 1,516 $211,727,000 $139,000 $1,485,000 $76,000 $1,012,000
Refinancing 546 $106,962,000 $195,000 $2,400,000 $100,000 $1,645,000
Home Improvement 5 $924,000 $184,000 $460,000 $206,000 $527,000

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 1,549 $224,869,000 $145,000 $1,372,000 $82,000 $1,012,000
Not Provided 189 $39,235,000 $207,000 $2,400,000 $101,000 $1,645,000
Black or African American 144 $25,575,000 $177,000 $1,485,000 $70,000 $569,000
Hispanic 129 $21,275,000 $164,000 $900,000 $75,000 $545,000
Asian 33 $5,623,000 $170,000 $458,000 $84,000 $180,000
American Indian or Alaskan Native 9 $910,000 $101,000 $168,000 $54,000 $84,000
Native Hawaiian or Other Pacific Islander 8 $1,375,000 $171,000 $255,000 $168,000 $259,000
Not applicable 6 $751,000 $125,000 $352,000 $139,000 $527,000

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) 1,978 $309,773,000 $156,000 $2,400,000 $84,000 $1,645,000
FHA-insured (Federal Housing Administration) 65 $6,126,000 $94,000 $181,000 $43,000 $89,000
VA-guaranteed (Veterans Administration) 21 $2,976,000 $141,000 $218,000 $53,000 $104,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3 $738,000 $246,000 $494,000 $92,000 $192,000

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 1,452 $207,976,000 $143,000 $998,000 $78,000 $960,000
Application Denied By Financial Institution 281 $58,881,000 $209,000 $2,400,000 $99,000 $1,645,000
Application Withdrawn By Applicant 181 $30,973,000 $171,000 $1,485,000 $85,000 $530,000
Loan Purchased By The Institution 98 $14,432,000 $147,000 $900,000 $106,000 $588,000
Application Approved But Not Accepted 55 $7,351,000 $133,000 $417,000 $79,000 $1,012,000
File Closed For Incompleteness 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
Other 139 $30,115,000 $216,000 $2,400,000 $101,000 $1,645,000
Credit History 69 $10,040,000 $145,000 $682,000 $80,000 $545,000
Debt-To-Income Ratio 22 $5,573,000 $253,000 $980,000 $75,000 $240,000
Collateral 20 $5,235,000 $261,000 $1,330,000 $92,000 $420,000
Unverifiable Information 12 $2,130,000 $177,000 $382,000 $119,000 $249,000
Insufficient Cash (Downpayment, Closing Cost) 8 $3,435,000 $429,000 $1,372,000 $192,000 $780,000
Credit Application Incomplete 6 $1,811,000 $301,000 $540,000 $218,000 $960,000
Employment History 3 $268,000 $89,000 $131,000 $156,000 $216,000
Mortgage Insurance Denied 2 $274,000 $137,000 $170,000 $80,000 $97,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Equity Bank's 2007 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 Equity 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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