Members Mortgage Services, LLC Mortgage Lending & HMDA Data, 2018

In 2018, Members Mortgage Services, LLC of Hutchinson, KS reported 243 mortgage applications totaling $29.1 million, up 117% from 2017. The average application was for $119,897, and applicants reported an average income of $57,683. 35% of its applications resulted in an originated loan and 26% were denied. Its largest markets were Wichita, KS (75), Topeka, KS (18) and Kansas City, MO-KS (11) (applications in parentheses).

Mortgage Company & Address Members Mortgage Services, LLC
200 E 1st Ave
Hutchinson, KS 67501
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  
Total Number of Mortgage Applications 243
Total Mortgage Loan Application Amount $29,135,000
Average Mortgage Loan Application Amount $119,897
Highest Mortgage Loan Application Amount $395,000
Average Applicant Income $57,683
Highest Applicant Income $152,000

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records Members Mortgage Services, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for Members Mortgage Services, LLC in 2018

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 218 $26,560,000 $121,000 $395,000 $58,000 $152,000
Cash-out Refinancing 10 $1,130,000 $113,000 $275,000 $59,000 $119,000
Refinancing 9 $945,000 $105,000 $165,000 $47,000 $86,000
Other Purpose 5 $465,000 $93,000 $145,000 $65,000 $87,000
Home Improvement 1 $35,000 $35,000 $35,000 $35,000 $35,000
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 186 $22,310,000 $119,000 $395,000 $60,000 $152,000
Hispanic 32 $3,790,000 $118,000 $305,000 $48,000 $132,000
Not Provided 11 $1,495,000 $135,000 $205,000 $61,000 $90,000
Black or African American 8 $1,090,000 $136,000 $195,000 $68,000 $148,000
Asian 4 $320,000 $80,000 $155,000 $37,000 $51,000
American Indian or Alaskan Native 2 $130,000 $65,000 $95,000 $46,000 $65,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
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
FHA-insured (Federal Housing Administration) 153 $17,815,000 $116,000 $265,000 $57,000 $152,000
VA-guaranteed (Veterans Administration) 44 $6,650,000 $151,000 $395,000 $70,000 $148,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 33 $3,575,000 $108,000 $225,000 $47,000 $72,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 13 $1,095,000 $84,000 $215,000 $55,000 $103,000

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 85 $10,215,000 $120,000 $265,000 $62,000 $152,000
Application Denied By Financial Institution 62 $6,490,000 $104,000 $255,000 $51,000 $141,000
Application Withdrawn By Applicant 43 $5,955,000 $138,000 $395,000 $63,000 $148,000
Application Approved But Not Accepted 27 $3,525,000 $130,000 $235,000 $62,000 $110,000
Preapproval Denied by Financial Institution 14 $1,440,000 $102,000 $185,000 $39,000 $86,000
Preapproval Approved but not Accepted 11 $1,425,000 $129,000 $205,000 $60,000 $108,000
File Closed For Incompleteness 1 $85,000 $85,000 $85,000 $48,000 $48,000
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
Not applicable 167 $21,205,000 $126,000 $395,000 $62,000 $152,000
Debt-To-Income Ratio 27 $3,255,000 $120,000 $225,000 $41,000 $86,000
Credit History 21 $1,605,000 $76,000 $145,000 $47,000 $101,000
Other 11 $1,185,000 $107,000 $175,000 $67,000 $103,000
Insufficient Cash (Downpayment, Closing Cost) 9 $1,225,000 $136,000 $255,000 $73,000 $141,000
Employment History 4 $280,000 $70,000 $75,000 $29,000 $37,000
Collateral 3 $295,000 $98,000 $125,000 $39,000 $55,000
Unverifiable Information 1 $85,000 $85,000 $85,000 $28,000 $28,000
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 Members Mortgage Services, LLC's 2018 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 Members Mortgage Services, 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.
For a list of all lenders in Kansas, download the full spreadsheet with aggregated HMDA statistics today.

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