AllMortgageDetail - Mortgage Application Details

Mortgage Research Center
Mortgage Loan Application
Totals and Details
for 2014

Download the entire list of lenders located in Missouri to a Spreadsheet or Other File Type
Mortgage Company & Address Mortgage Research Center
1400 Veterans United Dr.
Columbia, MO 65203
Federal Regulator Department of Housing and Urban Development (HUD)
Years 2014  2013  2012  2011  
Total Number of Mortgage Applications 44,193
Total Mortgage Loan Application Amount $8,924,174,000
Average Mortgage Loan Application Amount $165,038
Highest Mortgage Loan Application Amount $2,221,000
Average Applicant Income $60,009
Highest Applicant Income $1,098,000

Mortgage Loan Application Detail Totals for Mortgage Research Center in 2014

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 29,586 $5,923,207,000 $200,000 $1,500,000 $70,000 $741,000
Refinancing 14,668 $3,012,754,000 $205,000 $2,221,000 $52,000 $1,098,000
Home Improvement 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 27,892 $5,473,117,000 $196,000 $2,221,000 $64,000 $1,000,000
Black or African American 5,815 $1,169,584,000 $201,000 $1,500,000 $64,000 $1,098,000
Not Provided 5,675 $1,165,098,000 $205,000 $1,483,000 $66,000 $1,021,000
Hispanic 3,345 $725,235,000 $216,000 $806,000 $65,000 $875,000
Asian 703 $216,798,000 $308,000 $1,030,000 $70,000 $300,000
American Indian or Alaskan Native 500 $91,710,000 $183,000 $860,000 $59,000 $299,000
Native Hawaiin or Other Pacific Islander 324 $94,419,000 $291,000 $861,000 $69,000 $292,000
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) 42,229 $8,600,309,000 $203,000 $2,221,000 $64,000 $1,098,000
FHA-insured (Federal Housing Administration) 901 $147,135,000 $163,000 $655,000 $63,000 $498,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 858 $154,105,000 $179,000 $1,200,000 $85,000 $584,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 266 $34,412,000 $129,000 $395,000 $47,000 $130,000

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 25,135 $5,149,530,000 $204,000 $1,500,000 $65,000 $741,000
Application Denied By Financial Institution 7,839 $1,428,823,000 $182,000 $1,000,000 $59,000 $1,098,000
Application Withdrawn By Applicant 6,516 $1,371,263,000 $210,000 $1,500,000 $68,000 $1,021,000
File Closed For Incompleteness 4,706 $975,179,000 $207,000 $2,221,000 $66,000 $1,000,000
Preapproval Denied by Financial Institution 58 $11,166,000 $192,000 $594,000 $60,000 $312,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 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