Mid-Continent Funding, Inc. Mortgage Lending & HMDA Data, 2023
In 2023, Mid-Continent Funding, Inc. of Columbia, MO reported 1,447 mortgage applications totaling $392.0 million, down 37% from 2022. The average application was for $270,929, and applicants reported an average income of $84,493. 56% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Tampa-St. Petersburg-Clearwater, FL (36), Atlanta-Sandy Springs-Roswell, GA (34) and Fayetteville, NC (33) (applications in parentheses).
| Mortgage Company & Address | Mid-Continent Funding, Inc. 3401 W Broadway Business Park Ct Ste 213 Columbia, MO 65203 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 | 1,447 |
| Total Mortgage Loan Application Amount | $392,035,000 |
| Average Mortgage Loan Application Amount | $270,929 |
| Highest Mortgage Loan Application Amount | $1,055,000 |
| Average Applicant Income | $84,493 |
| Highest Applicant Income | $1,358,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Mid-Continent Funding, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for Mid-Continent Funding, Inc. in 2023
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 | 1,015 | $289,505,000 | $285,000 | $1,055,000 | $88,000 | $1,358,000 |
| Cash-out Refinancing | 419 | $98,895,000 | $236,000 | $1,025,000 | $78,000 | $288,000 |
| Refinancing | 13 | $3,635,000 | $279,000 | $485,000 | $20,000 | $79,000 |
| Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 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 | 651 | $172,975,000 | $265,000 | $995,000 | $85,000 | $1,358,000 |
| Not Provided | 410 | $108,940,000 | $265,000 | $1,055,000 | $86,000 | $663,000 |
| Black or African American | 254 | $67,780,000 | $266,000 | $675,000 | $80,000 | $212,000 |
| Hispanic | 84 | $26,630,000 | $317,000 | $935,000 | $88,000 | $274,000 |
| Asian | 25 | $8,495,000 | $339,000 | $835,000 | $92,000 | $272,000 |
| American Indian or Alaskan Native | 20 | $6,410,000 | $320,000 | $1,025,000 | $89,000 | $325,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $805,000 | $268,000 | $315,000 | $80,000 | $99,000 |
| 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 |
|---|---|---|---|---|---|---|
| VA-guaranteed (Veterans Administration) | 1,270 | $356,940,000 | $281,000 | $1,055,000 | $85,000 | $1,358,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 102 | $19,440,000 | $190,000 | $1,025,000 | $87,000 | $288,000 |
| FHA-insured (Federal Housing Administration) | 74 | $15,430,000 | $208,000 | $555,000 | $71,000 | $152,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $225,000 | $225,000 | $225,000 | $81,000 | $81,000 |
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 | 809 | $227,125,000 | $280,000 | $1,055,000 | $87,000 | $663,000 |
| Application Withdrawn By Applicant | 259 | $70,205,000 | $271,000 | $1,025,000 | $84,000 | $228,000 |
| File Closed For Incompleteness | 159 | $40,565,000 | $255,000 | $925,000 | $80,000 | $288,000 |
| Application Denied By Financial Institution | 111 | $28,445,000 | $256,000 | $995,000 | $79,000 | $1,358,000 |
| Application Approved But Not Accepted | 109 | $25,695,000 | $235,000 | $615,000 | $79,000 | $240,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 1,336 | $363,590,000 | $272,000 | $1,055,000 | $85,000 | $663,000 |
| Debt-To-Income Ratio | 33 | $8,905,000 | $269,000 | $565,000 | $56,000 | $157,000 |
| Collateral | 25 | $5,075,000 | $203,000 | $725,000 | $62,000 | $146,000 |
| Credit Application Incomplete | 14 | $3,080,000 | $220,000 | $445,000 | $59,000 | $117,000 |
| Credit History | 12 | $2,960,000 | $246,000 | $705,000 | $87,000 | $236,000 |
| Other | 10 | $2,310,000 | $231,000 | $435,000 | $81,000 | $140,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 7 | $1,865,000 | $266,000 | $495,000 | $72,000 | $110,000 |
| Unverifiable Information | 4 | $2,000,000 | $500,000 | $995,000 | $404,000 | $1,358,000 |
| Mortgage Insurance Denied | 3 | $1,205,000 | $401,000 | $635,000 | $90,000 | $113,000 |
| Employment History | 3 | $1,045,000 | $348,000 | $575,000 | $85,000 | $148,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Mid-Continent Funding, Inc.'s 2023 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 Mid-Continent Funding, 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.
For a list of all lenders in Missouri, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About