Magnolia Bank Mortgage Lending & HMDA Data, 2025
In 2025, Magnolia Bank of Hodgenville, KY reported 5,582 mortgage applications totaling $1.7 billion, up 5% from 2024. The average application was for $301,804, and applicants reported an average income of $111,225. 73% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Louisville/Jefferson County, KY-IN (510), Atlanta-Sandy Springs-Roswell, GA (310) and Gulfport-Biloxi-Pascagoula, MS (176) (applications in parentheses).
| Mortgage Company & Address | Magnolia Bank Po Box 188 Hodgenville, KY 42748 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 2007 2006 2005 2004 |
| Total Number of Mortgage Applications | 5,582 |
| Total Mortgage Loan Application Amount | $1,684,670,000 |
| Average Mortgage Loan Application Amount | $301,804 |
| Highest Mortgage Loan Application Amount | $8,575,000 |
| Average Applicant Income | $111,225 |
| Highest Applicant Income | $4,280,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Magnolia Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for Magnolia Bank in 2025
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 | 3,233 | $892,135,000 | $275,000 | $8,575,000 | $112,000 | $4,280,000 |
| Cash-out Refinancing | 1,834 | $639,300,000 | $348,000 | $1,545,000 | $105,000 | $1,290,000 |
| Refinancing | 356 | $114,860,000 | $322,000 | $2,475,000 | $131,000 | $974,000 |
| Other Purpose | 94 | $24,200,000 | $257,000 | $1,205,000 | $123,000 | $763,000 |
| Home Improvement | 65 | $14,175,000 | $218,000 | $805,000 | $123,000 | $1,285,000 |
| Not Applicable | 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 | 3,883 | $1,113,355,000 | $286,000 | $1,785,000 | $109,000 | $2,986,000 |
| Black or African American | 721 | $237,935,000 | $330,000 | $975,000 | $108,000 | $980,000 |
| Not Provided | 433 | $135,795,000 | $313,000 | $955,000 | $114,000 | $672,000 |
| Hispanic | 351 | $126,475,000 | $360,000 | $2,475,000 | $122,000 | $1,290,000 |
| Asian | 113 | $38,775,000 | $343,000 | $955,000 | $177,000 | $4,280,000 |
| American Indian or Alaskan Native | 39 | $11,225,000 | $287,000 | $625,000 | $87,000 | $194,000 |
| Not applicable | 33 | $17,735,000 | $537,000 | $8,575,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 9 | $3,375,000 | $375,000 | $635,000 | $113,000 | $179,000 |
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) | 1,950 | $563,040,000 | $288,000 | $8,575,000 | $136,000 | $4,280,000 |
| VA-guaranteed (Veterans Administration) | 1,888 | $686,830,000 | $363,000 | $1,635,000 | $107,000 | $1,129,000 |
| FHA-insured (Federal Housing Administration) | 1,321 | $352,425,000 | $266,000 | $1,015,000 | $93,000 | $523,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 423 | $82,375,000 | $194,000 | $405,000 | $72,000 | $131,000 |
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 | 4,097 | $1,209,645,000 | $295,000 | $8,575,000 | $112,000 | $4,280,000 |
| Application Withdrawn By Applicant | 856 | $263,590,000 | $307,000 | $2,425,000 | $109,000 | $1,129,000 |
| Application Denied By Financial Institution | 476 | $155,700,000 | $327,000 | $1,355,000 | $98,000 | $2,986,000 |
| File Closed For Incompleteness | 105 | $40,035,000 | $381,000 | $2,475,000 | $138,000 | $1,290,000 |
| Application Approved But Not Accepted | 41 | $13,985,000 | $341,000 | $1,785,000 | $107,000 | $219,000 |
| Loan Purchased By The Institution | 7 | $1,715,000 | $245,000 | $365,000 | $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 | 5,106 | $1,528,970,000 | $299,000 | $8,575,000 | $112,000 | $4,280,000 |
| Debt-To-Income Ratio | 195 | $66,795,000 | $342,000 | $965,000 | $75,000 | $242,000 |
| Collateral | 106 | $31,470,000 | $296,000 | $1,355,000 | $127,000 | $2,986,000 |
| Credit History | 96 | $31,200,000 | $325,000 | $905,000 | $101,000 | $284,000 |
| Other | 53 | $16,415,000 | $309,000 | $1,015,000 | $114,000 | $265,000 |
| Unverifiable Information | 19 | $7,905,000 | $416,000 | $885,000 | $127,000 | $314,000 |
| Employment History | 6 | $1,350,000 | $225,000 | $535,000 | $102,000 | $314,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $565,000 | $565,000 | $565,000 | $139,000 | $139,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Magnolia Bank's 2025 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 Magnolia 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 Kentucky, download the full spreadsheet
with aggregated HMDA statistics today.
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