Lendsource Inc Mortgage Lending & HMDA Data, 2003

In 2003, Lendsource Inc of Minnetonka, MN reported 2,662 mortgage applications totaling $339.9 million. The average application was for $127,686, and applicants reported an average income of $57,692. 32% of its applications resulted in an originated loan and 36% were denied. Its largest markets were Minneapolis-St. Paul, MN-WI (545), Detroit, MI (447) and Indianapolis, IN (220) (applications in parentheses).

Mortgage Company & Address Lendsource Inc
12701 Whitewater Dr Ste 340
Minnetonka, MN 55343
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 2,662
Total Mortgage Loan Application Amount $339,901,000
Average Mortgage Loan Application Amount $127,686
Highest Mortgage Loan Application Amount $504,000
Average Applicant Income $57,692
Highest Applicant Income $648,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Lendsource Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Lendsource Inc by County in 2003

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Wayne, Michigan 251 $ 27,673,000 $ 110,250 $ 53,000
Hennepin, Minnesota 193 $ 33,036,000 $ 171,170 $ 66,000
Marion, Indiana 161 $ 13,277,000 $ 82,465 $ 53,000
Hamilton, Ohio 116 $ 11,935,000 $ 102,887 $ 42,000
Oakland, Michigan 106 $ 17,979,000 $ 169,613 $ 74,000
Summit, Ohio 92 $ 9,686,000 $ 105,282 $ 51,000
Ramsey, Minnesota 88 $ 13,744,000 $ 156,181 $ 63,000
Macomb, Michigan 68 $ 10,782,000 $ 158,558 $ 71,000
Stark, Ohio 68 $ 5,998,000 $ 88,205 $ 31,000
Milwaukee, Wisconsin 65 $ 5,298,000 $ 81,507 $ 56,000
Anoka, Minnesota 62 $ 10,725,000 $ 172,983 $ 70,000
Dakota, Minnesota 62 $ 10,516,000 $ 169,612 $ 77,000
Genesee, Michigan 47 $ 4,773,000 $ 101,553 $ 58,000
Montgomery, Ohio 47 $ 3,902,000 $ 83,021 $ 55,000
Franklin, Ohio 43 $ 4,278,000 $ 99,488 $ 51,000
Butler, Ohio 42 $ 5,507,000 $ 131,119 $ 62,000
Washtenaw, Michigan 34 $ 6,454,000 $ 189,823 $ 78,000
Washington, Minnesota 33 $ 5,407,000 $ 163,848 $ 72,000
Warren, Ohio 33 $ 4,249,000 $ 128,757 $ 54,000
Cuyahoga, Ohio 32 $ 3,920,000 $ 122,500 $ 56,000
Ingham, Michigan 31 $ 3,298,000 $ 106,387 $ 63,000
Emmet, Michigan 30 $ 3,990,000 $ 133,000 $ 55,000
Wright, Minnesota 29 $ 5,265,000 $ 181,551 $ 64,000
Racine, Wisconsin 28 $ 2,334,000 $ 83,357 $ 43,000
Mahoning, Ohio 26 $ 2,435,000 $ 93,653 $ 36,000
Livingston, Michigan 24 $ 4,370,000 $ 182,083 $ 65,000
Isanti, Minnesota 24 $ 3,660,000 $ 152,500 $ 54,000
Clermont, Ohio 22 $ 2,462,000 $ 111,909 $ 80,000
Charlevoix, Michigan 21 $ 2,623,000 $ 124,904 $ 51,000
Portage, Ohio 20 $ 3,104,000 $ 155,200 $ 55,000
Jackson, Michigan 16 $ 2,232,000 $ 139,500 $ 54,000
Scott, Minnesota 16 $ 3,104,000 $ 194,000 $ 64,000
Sherburne, Minnesota 16 $ 2,695,000 $ 168,437 $ 68,000
Kenton, Kentucky 14 $ 1,333,000 $ 95,214 $ 50,000
Lorain, Ohio 13 $ 1,194,000 $ 91,846 $ 72,000
Hamilton, Indiana 12 $ 2,143,000 $ 178,583 $ 76,000
Chisago, Minnesota 12 $ 2,050,000 $ 170,833 $ 60,000
Crow Wing, Minnesota 12 $ 1,557,000 $ 129,750 $ 60,000
Medina, Ohio 12 $ 2,168,000 $ 180,666 $ 61,000
Denver, Colorado 11 $ 2,078,000 $ 188,909 $ 70,000
Madison, Indiana 11 $ 921,000 $ 83,727 $ 58,000
St. Clair, Michigan 11 $ 1,938,000 $ 176,181 $ 66,000
Adams, Colorado 10 $ 1,910,000 $ 191,000 $ 61,000
El Paso, Colorado 10 $ 1,627,000 $ 162,700 $ 66,000
Shiawassee, Michigan 10 $ 1,113,000 $ 111,300 $ 51,000
Carver, Minnesota 10 $ 2,055,000 $ 205,500 $ 64,000
Wayne, Ohio 10 $ 1,152,000 $ 115,200 $ 50,000
Grand Traverse, Michigan 9 $ 1,141,000 $ 126,777 $ 56,000
Kent, Michigan 9 $ 918,000 $ 102,000 $ 51,000
Trumbull, Ohio 9 $ 775,000 $ 86,111 $ 33,000
Kenosha, Wisconsin 9 $ 1,049,000 $ 116,555 $ 44,000
Arapahoe, Colorado 8 $ 1,320,000 $ 165,000 $ 50,000
Jefferson, Colorado 8 $ 1,588,000 $ 198,500 $ 83,000
Morgan, Indiana 8 $ 775,000 $ 96,875 $ 49,000
Wexford, Michigan 8 $ 627,000 $ 78,375 $ 48,000
Mower, Minnesota 8 $ 1,049,000 $ 131,125 $ 61,000
Clark, Ohio 8 $ 492,000 $ 61,500 $ 33,000
Lucas, Ohio 8 $ 715,000 $ 89,375 $ 92,000
Boone, Indiana 7 $ 943,000 $ 134,714 $ 46,000
Hendricks, Indiana 7 $ 1,186,000 $ 169,428 $ 83,000
Campbell, Kentucky 7 $ 617,000 $ 88,142 $ 41,000
Cheboygan, Michigan 7 $ 775,000 $ 110,714 $ 51,000
Eaton, Michigan 7 $ 892,000 $ 127,428 $ 57,000
Kalkaska, Michigan 7 $ 639,000 $ 91,285 $ 63,000
Lenawee, Michigan 7 $ 798,000 $ 114,000 $ 57,000
Monroe, Michigan 7 $ 1,073,000 $ 153,285 $ 66,000
Columbiana, Ohio 7 $ 742,000 $ 106,000 $ 46,000
Hancock, Indiana 6 $ 619,000 $ 103,166 $ 43,000
Johnson, Indiana 6 $ 843,000 $ 140,500 $ 42,000
Lake, Indiana 6 $ 478,000 $ 79,666 $ 65,000
Antrim, Michigan 6 $ 624,000 $ 104,000 $ 87,000
Missaukee, Michigan 6 $ 544,000 $ 90,666 $ 64,000
Freeborn, Minnesota 6 $ 540,000 $ 90,000 $ 34,000
McLeod, Minnesota 6 $ 943,000 $ 157,166 $ 66,000
St. Louis, Minnesota 6 $ 769,000 $ 128,166 $ 54,000
Clinton, Ohio 6 $ 664,000 $ 110,666 $ 48,000
Geauga, Ohio 6 $ 1,524,000 $ 254,000 $ 101,000
Greene, Ohio 6 $ 720,000 $ 120,000 $ 60,000
Lake, Ohio 6 $ 1,047,000 $ 174,500 $ 75,000
Miami, Ohio 6 $ 560,000 $ 93,333 $ 45,000
Weld, Colorado 5 $ 898,000 $ 179,600 $ 56,000
Dearborn, Indiana 5 $ 704,000 $ 140,800 $ 47,000
Henry, Indiana 5 $ 418,000 $ 83,600 $ 41,000
St. Joseph, Indiana 5 $ 288,000 $ 57,600 $ 30,000
Boone, Kentucky 5 $ 774,000 $ 154,800 $ 59,000
Calhoun, Michigan 5 $ 450,000 $ 90,000 $ 37,000
Osceola, Michigan 5 $ 278,000 $ 55,600 $ 29,000
Cass, Minnesota 5 $ 686,000 $ 137,200 $ 57,000
Clinton, Indiana 4 $ 230,000 $ 57,500 $ 31,000
Montgomery, Indiana 4 $ 348,000 $ 87,000 $ 79,000
Gladwin, Michigan 4 $ 771,000 $ 192,750 $ 50,000
Hillsdale, Michigan 4 $ 478,000 $ 119,500 $ 46,000
Kalamazoo, Michigan 4 $ 604,000 $ 151,000 $ 61,000
Lapeer, Michigan 4 $ 624,000 $ 156,000 $ 83,000
Presque Isle, Michigan 4 $ 412,000 $ 103,000 $ 61,000
Hubbard, Minnesota 4 $ 374,000 $ 93,500 $ 54,000
Allen, Ohio 4 $ 316,000 $ 79,000 $ 38,000
Brown, Ohio 4 $ 413,000 $ 103,250 $ 42,000
Highland, Ohio 4 $ 432,000 $ 108,000 $ 40,000
Ross, Ohio 4 $ 496,000 $ 124,000 $ 43,000
Tuscarawas, Ohio 4 $ 272,000 $ 68,000 $ 27,000
Dane, Wisconsin 4 $ 631,000 $ 157,750 $ 53,000
Howard, Indiana 3 $ 435,000 $ 145,000 $ 57,000
Owen, Indiana 3 $ 304,000 $ 101,333 $ 33,000
Wayne, Indiana 3 $ 258,000 $ 86,000 $ 20,000
Jefferson, Kentucky 3 $ 278,000 $ 92,666 $ 41,000
Clinton, Michigan 3 $ 487,000 $ 162,333 $ 52,000
Muskegon, Michigan 3 $ 292,000 $ 97,333 $ 39,000
Roscommon, Michigan 3 $ 508,000 $ 169,333 $ 76,000
Saginaw, Michigan 3 $ 240,000 $ 80,000 $ 60,000
Kanabec, Minnesota 3 $ 334,000 $ 111,333 $ 43,000
Mille Lacs, Minnesota 3 $ 505,000 $ 168,333 $ 61,000
Otter Tail, Minnesota 3 $ 615,000 $ 205,000 $ 85,000
Rice, Minnesota 3 $ 611,000 $ 203,666 $ 65,000
Crawford, Ohio 3 $ 188,000 $ 62,666 $ 72,000
Fairfield, Ohio 3 $ 278,000 $ 92,666 $ 35,000
Hancock, Ohio 3 $ 196,000 $ 65,333 $ 36,000
Licking, Ohio 3 $ 395,000 $ 131,666 $ 83,000
Logan, Ohio 3 $ 335,000 $ 111,666 $ 48,000
Burnett, Wisconsin 3 $ 187,000 $ 62,333 $ 26,000
Sheboygan, Wisconsin 3 $ 332,000 $ 110,666 $ 42,000
St. Croix, Wisconsin 3 $ 635,000 $ 211,666 $ 78,000
Waukesha, Wisconsin 3 $ 695,000 $ 231,666 $ 87,000
Pueblo, Colorado 2 $ 242,000 $ 121,000 $ 79,000
Fayette, Indiana 2 $ 220,000 $ 110,000 $ 45,000
Grant, Indiana 2 $ 106,000 $ 53,000 $ 65,000
Monroe, Indiana 2 $ 386,000 $ 193,000 $ 75,000
Orange, Indiana 2 $ 136,000 $ 68,000 $ 28,000
Porter, Indiana 2 $ 157,000 $ 78,500 $ 62,000
Putnam, Indiana 2 $ 207,000 $ 103,500 $ 35,000
Shelby, Indiana 2 $ 249,000 $ 124,500 $ 45,000
Wabash, Indiana 2 $ 148,000 $ 74,000 $ 47,000
Allegan, Michigan 2 $ 284,000 $ 142,000 $ 57,000
Benzie, Michigan 2 $ 249,000 $ 124,500 $ 50,000
Berrien, Michigan 2 $ 156,000 $ 78,000 $ 23,000
Chippewa, Michigan 2 $ 135,000 $ 67,500 $ 78,000
Manistee, Michigan 2 $ 372,000 $ 186,000 $ 159,000
Ottawa, Michigan 2 $ 247,000 $ 123,500 $ 23,000
Sanilac, Michigan 2 $ 246,000 $ 123,000 $ 65,000
Aitkin, Minnesota 2 $ 124,000 $ 62,000 $ 76,000
Le Sueur, Minnesota 2 $ 521,000 $ 260,500 $ 132,000
Morrison, Minnesota 2 $ 178,000 $ 89,000 $ 29,000
Nicollet, Minnesota 2 $ 171,000 $ 85,500 $ 36,000
Olmsted, Minnesota 2 $ 350,000 $ 175,000 $ 64,000
Sibley, Minnesota 2 $ 310,000 $ 155,000 $ 119,000
Steele, Minnesota 2 $ 250,000 $ 125,000 $ 36,000
Waseca, Minnesota 2 $ 148,000 $ 74,000 $ 38,000
Ashtabula, Ohio 2 $ 172,000 $ 86,000 $ 22,000
Darke, Ohio 2 $ 224,000 $ 112,000 $ 76,000
Guernsey, Ohio 2 $ 82,000 $ 41,000 $ 20,000
Madison, Ohio 2 $ 277,000 $ 138,500 $ 40,000
Preble, Ohio 2 $ 337,000 $ 168,500 $ 90,000
Seneca, Ohio 2 $ 146,000 $ 73,000 $ 30,000
Shelby, Ohio 2 $ 124,000 $ 62,000 $ 69,000
Columbia, Wisconsin 2 $ 287,000 $ 143,500 $ 42,000
Douglas, Wisconsin 2 $ 279,000 $ 139,500 $ 44,000
Eau Claire, Wisconsin 2 $ 135,000 $ 67,500 $ 35,000
Oneida, Wisconsin 2 $ 215,000 $ 107,500 $ 53,000
Pima, Arizona 1 $ 129,000 $ 129,000 $ 50,000
Archuleta, Colorado 1 $ 172,000 $ 172,000 $ 132,000
Boulder, Colorado 1 $ 365,000 $ 365,000 $ 248,000
Douglas, Colorado 1 $ 332,000 $ 332,000 $ 146,000
Eagle, Colorado 1 $ 280,000 $ 280,000 $ 59,000
Huerfano, Colorado 1 $ 80,000 $ 80,000 $ 48,000
Lincoln, Colorado 1 $ 68,000 $ 68,000 $ 32,000
Morgan, Colorado 1 $ 70,000 $ 70,000 $ 46,000
Park, Colorado 1 $ 87,000 $ 87,000 $ 23,000
Summit, Colorado 1 $ 305,000 $ 305,000 $ 61,000
Adams, Indiana 1 $ 154,000 $ 154,000 $ 45,000
Allen, Indiana 1 $ 75,000 $ 75,000 $ 48,000
Bartholomew, Indiana 1 $ 52,000 $ 52,000 $ 32,000
Clark, Indiana 1 $ 90,000 $ 90,000 $ 23,000
Clay, Indiana 1 $ 104,000 $ 104,000 $ 40,000
Decatur, Indiana 1 $ 117,000 $ 117,000 $ 102,000
Delaware, Indiana 1 $ 101,000 $ 101,000 $ 54,000
Floyd, Indiana 1 $ 126,000 $ 126,000 $ 52,000
Fulton, Indiana 1 $ 64,000 $ 64,000 $ 23,000
Jackson, Indiana 1 $ 130,000 $ 130,000 $ 45,000
Jefferson, Indiana 1 $ 108,000 $ 108,000 $ 63,000
Jennings, Indiana 1 $ 91,000 $ 91,000 $ 60,000
Lawrence, Indiana 1 $ 83,000 $ 83,000 $ 49,000
Miami, Indiana 1 $ 111,000 $ 111,000 $ 36,000
Noble, Indiana 1 $ 110,000 $ 110,000 $ 48,000
Rush, Indiana 1 $ 85,000 $ 85,000 $ 37,000
Steuben, Indiana 1 $ 158,000 $ 158,000 $ 46,000
Tippecanoe, Indiana 1 $ 86,000 $ 86,000 $ 43,000
Tipton, Indiana 1 $ 118,000 $ 118,000 $ 43,000
Union, Indiana 1 $ 94,000 $ 94,000 $ 61,000
Vermillion, Indiana 1 $ 51,000 $ 51,000 $ 24,000
Fayette, Kentucky 1 $ 111,000 $ 111,000 $ 62,000
Owen, Kentucky 1 $ 145,000 $ 145,000 $ 105,000
Pendleton, Kentucky 1 $ 60,000 $ 60,000 $ 31,000
Alcona, Michigan 1 $ 90,000 $ 90,000 $ 33,000
Barry, Michigan 1 $ 144,000 $ 144,000 $ 37,000
Bay, Michigan 1 $ 143,000 $ 143,000 $ 43,000
Clare, Michigan 1 $ 100,000 $ 100,000 $ 27,000
Crawford, Michigan 1 $ 85,000 $ 85,000 $ 78,000
Gratiot, Michigan 1 $ 131,000 $ 131,000 $ 78,000
Huron, Michigan 1 $ 63,000 $ 63,000 $ 81,000
Isabella, Michigan 1 $ 250,000 $ 250,000 $ 83,000
Mackinac, Michigan 1 $ 105,000 $ 105,000 $ 28,000
Newaygo, Michigan 1 $ 170,000 $ 170,000 $ 92,000
Becker, Minnesota 1 $ 67,000 $ 67,000 $ 32,000
Benton, Minnesota 1 $ 120,000 $ 120,000 $ 31,000
Carlton, Minnesota 1 $ 77,000 $ 77,000 $ 32,000
Dodge, Minnesota 1 $ 54,000 $ 54,000 $ 42,000
Douglas, Minnesota 1 $ 86,000 $ 86,000 $ 37,000
Faribault, Minnesota 1 $ 132,000 $ 132,000 $ 54,000
Goodhue, Minnesota 1 $ 49,000 $ 49,000 $ 17,000
Itasca, Minnesota 1 $ 115,000 $ 115,000 $ 37,000
Lake, Minnesota 1 $ 76,000 $ 76,000 $ 29,000
Nobles, Minnesota 1 $ 82,000 $ 82,000 $ 48,000
Pennington, Minnesota 1 $ 63,000 $ 63,000 $ 44,000
Polk, Minnesota 1 $ 36,000 $ 36,000 $ 27,000
Renville, Minnesota 1 $ 48,000 $ 48,000 $ 108,000
Stearns, Minnesota 1 $ 182,000 $ 182,000 $ 53,000
Winona, Minnesota 1 $ 132,000 $ 132,000 $ 51,000
Yellow Medicine, Minnesota 1 $ 99,000 $ 99,000 $ 56,000
Cass, North Dakota 1 $ 110,000 $ 110,000 $ 53,000
Ransom, North Dakota 1 $ 70,000 $ 70,000 $ 40,000
Athens, Ohio 1 $ 86,000 $ 86,000 $ 43,000
Delaware, Ohio 1 $ 99,000 $ 99,000 $ 31,000
Harrison, Ohio 1 $ 70,000 $ 70,000 $ 35,000
Jefferson, Ohio 1 $ 85,000 $ 85,000 $ 39,000
Lawrence, Ohio 1 $ 50,000 $ 50,000 $ 30,000
Mercer, Ohio 1 $ 88,000 $ 88,000 $ 22,000
Morgan, Ohio 1 $ 85,000 $ 85,000 $ 36,000
Ottawa, Ohio 1 $ 118,000 $ 118,000 $ 15,000
Perry, Ohio 1 $ 95,000 $ 95,000 $ 83,000
Pike, Ohio 1 $ 157,000 $ 157,000 $ 27,000
Richland, Ohio 1 $ 71,000 $ 71,000 $ 23,000
Scioto, Ohio 1 $ 35,000 $ 35,000 $ 18,000
Williams, Ohio 1 $ 76,000 $ 76,000 $ 38,000
Creek, Oklahoma 1 $ 75,000 $ 75,000 $ 26,000
Adams, Wisconsin 1 $ 57,000 $ 57,000 $ 30,000
Barron, Wisconsin 1 $ 115,000 $ 115,000 $ 54,000
Brown, Wisconsin 1 $ 225,000 $ 225,000 $ 132,000
Chippewa, Wisconsin 1 $ 108,000 $ 108,000 $ 103,000
Clark, Wisconsin 1 $ 77,000 $ 77,000 $ 59,000
Fond du Lac, Wisconsin 1 $ 110,000 $ 110,000 $ 42,000
Iowa, Wisconsin 1 $ 56,000 $ 56,000 $ 24,000
Jefferson, Wisconsin 1 $ 180,000 $ 180,000 $ 59,000
Kewaunee, Wisconsin 1 $ 90,000 $ 90,000 $ 43,000
La Crosse, Wisconsin 1 $ 120,000 $ 120,000 $ 33,000
Manitowoc, Wisconsin 1 $ 172,000 $ 172,000 $ 84,000
Ozaukee, Wisconsin 1 $ 222,000 $ 222,000 $ 75,000
Pierce, Wisconsin 1 $ 167,000 $ 167,000 $ 121,000
Polk, Wisconsin 1 $ 323,000 $ 323,000 $ 99,000
Rock, Wisconsin 1 $ 111,000 $ 111,000 $ 75,000
Vernon, Wisconsin 1 $ 81,000 $ 81,000 $ 59,000
Vilas, Wisconsin 1 $ 126,000 $ 126,000 $ 44,000
Walworth, Wisconsin 1 $ 145,000 $ 145,000 $ 44,000
Waupaca, Wisconsin 1 $ 88,000 $ 88,000 $ 26,000
Winnebago, Wisconsin 1 $ 133,000 $ 133,000 $ 86,000

Mortgage Loan Application Detail Totals for Lendsource Inc in 2003

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 (home purchase or home improvement, one-to-four family) 1,676 $217,783,000 $122,100 $504,000 $53,800 $425,000
Home Purchase (one-to-four family) 986 $122,118,000 $113,000 $455,000 $54,375 $648,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 0 $0 $0 $0 $0 $0
Home Improvement (one-to-four family) 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 1,752 $233,434,000 $125,000 $480,000 $56,444 $648,000
Black 450 $45,814,000 $111,833 $440,000 $51,333 $313,000
Information not provided by applicant in mail or telephone application 247 $31,899,000 $121,333 $504,000 $50,555 $505,000
Hispanic 131 $17,543,000 $116,833 $360,000 $49,833 $180,000
Asian or Pacific Islander 41 $6,305,000 $146,166 $315,000 $91,166 $222,000
American Indian or Alaskan Native 22 $2,527,000 $112,000 $405,000 $57,000 $131,000
Other 19 $2,379,000 $139,500 $200,000 $59,166 $132,000
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) 2,662 $339,901,000 $117,500 $504,000 $52,500 $648,000
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 970 $117,412,000 $116,875 $504,000 $50,125 $648,000
Loan Originated 849 $106,819,000 $118,714 $480,000 $55,714 $300,000
Application Approved But Not Accepted 503 $62,845,000 $122,500 $478,000 $56,500 $310,000
Application Withdrawn By Applicant 207 $30,896,000 $132,222 $455,000 $61,777 $425,000
File Closed For Incompleteness 133 $21,929,000 $167,166 $440,000 $70,833 $313,000
Loan Purchased By The 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 Lendsource Inc's 2003 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 Lendsource Inc'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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