Netbank Fundings Services Mortgage Lending & HMDA Data, 2003

In 2003, Netbank Fundings Services of Columbia, SC reported 5,444 mortgage applications totaling $1.1 billion. The average application was for $209,530, and applicants reported an average income of $82,905. 0% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Boston, MA-NH (631), Minneapolis-St. Paul, MN-WI (568) and Chicago, IL (412) (applications in parentheses).

Mortgage Company & Address Netbank Fundings Services
9710 Two Notch Road
Columbia, SC 29223
Tel #: available with data download
Federal Regulator * available with data download
Years 2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 5,444
Total Mortgage Loan Application Amount $1,140,685,000
Average Mortgage Loan Application Amount $209,530
Highest Mortgage Loan Application Amount $650,000
Average Applicant Income $82,905
Highest Applicant Income $2,532,000

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records Netbank Fundings Services filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Boston, MA-NH 631 $ 168,528,000 $ 267,080 $ 94,000
Minneapolis-St. Paul, MN-WI 568 $ 102,594,000 $ 180,623 $ 66,000
Chicago, IL 412 $ 84,504,000 $ 205,106 $ 103,000
Denver, CO 337 $ 69,287,000 $ 205,599 $ 78,000
Detroit, MI 299 $ 60,228,000 $ 201,431 $ 68,000
St. Louis, MO-IL 276 $ 45,678,000 $ 165,500 $ 70,000
Atlanta, GA 128 $ 24,679,000 $ 192,804 $ 79,000
Oakland, CA 119 $ 36,332,000 $ 305,310 $ 89,000
San Jose, CA 111 $ 35,547,000 $ 320,243 $ 105,000
Las Vegas, NV-AZ 98 $ 17,521,000 $ 178,785 $ 78,000
Boulder-Longmont, CO 72 $ 17,042,000 $ 236,694 $ 89,000
Baltimore, MD 67 $ 13,627,000 $ 203,388 $ 90,000
Los Angeles-Long Beach, CA 61 $ 17,973,000 $ 294,639 $ 111,000
Phoenix-Mesa, AZ 58 $ 9,726,000 $ 167,689 $ 80,000
Orange County, CA 57 $ 16,556,000 $ 290,456 $ 87,000
Indianapolis, IN 54 $ 8,517,000 $ 157,722 $ 67,000
Salt Lake City-Ogden, UT 52 $ 9,527,000 $ 183,211 $ 49,000
Ann Arbor, MI 50 $ 10,223,000 $ 204,460 $ 73,000
Columbus, OH 49 $ 8,882,000 $ 181,265 $ 98,000
Lowell, MA-NH 47 $ 11,766,000 $ 250,340 $ 74,000
Worcester, MA-CT 46 $ 11,221,000 $ 243,934 $ 113,000
Raleigh-Durham-Chapel Hill, NC 45 $ 8,350,000 $ 185,555 $ 76,000
San Francisco, CA 43 $ 14,656,000 $ 340,837 $ 130,000
Seattle-Bellevue-Everett, WA 43 $ 9,813,000 $ 228,209 $ 68,000
San Diego, CA 41 $ 11,221,000 $ 273,682 $ 83,000
Riverside-San Bernardino, CA 37 $ 7,597,000 $ 205,324 $ 107,000
Fort Collins-Loveland, CO 36 $ 6,643,000 $ 184,527 $ 78,000
Charlotte-Gastonia-Rock Hill, NC-SC 35 $ 6,336,000 $ 181,028 $ 81,000
Sacramento, CA 35 $ 7,809,000 $ 223,114 $ 110,000
Kansas City, MO-KS 32 $ 5,373,000 $ 167,906 $ 79,000
Lawrence, MA-NH 30 $ 8,477,000 $ 282,566 $ 126,000
Springfield, MO 29 $ 3,923,000 $ 135,275 $ 57,000
Hartford, CT 25 $ 4,388,000 $ 175,520 $ 72,000
Cleveland-Lorain-Elyria, OH 23 $ 3,478,000 $ 151,217 $ 59,000
Greeley, CO 23 $ 3,806,000 $ 165,478 $ 49,000
Auburn-Opelika, AL 22 $ 4,098,000 $ 186,272 $ 50,000
Brockton, MA 21 $ 4,134,000 $ 196,857 $ 51,000
Dallas, TX 21 $ 4,174,000 $ 198,761 $ 72,000
Milwaukee-Waukesha, WI 20 $ 3,844,000 $ 192,200 $ 72,000
Nashua, NH 18 $ 4,165,000 $ 231,388 $ 87,000
Tampa-St. Petersburg-Clearwater, FL 18 $ 3,116,000 $ 173,111 $ 63,000
Providence-Fall River-Warwick, RI-MA 17 $ 3,368,000 $ 198,117 $ 79,000
Vallejo-Fairfield-Napa, CA 17 $ 4,388,000 $ 258,117 $ 78,000
Bridgeport, CT 16 $ 3,913,000 $ 244,562 $ 67,000
Greensboro--Winston-Salem--High Point, NC 16 $ 2,896,000 $ 181,000 $ 102,000
Houston, TX 16 $ 2,626,000 $ 164,125 $ 110,000
Colorado Springs, CO 15 $ 2,566,000 $ 171,066 $ 39,000
Columbia, SC 15 $ 2,304,000 $ 153,600 $ 61,000
Fort Lauderdale, FL 15 $ 2,290,000 $ 152,666 $ 73,000
Provo-Orem, UT 15 $ 3,252,000 $ 216,800 $ 116,000
Jacksonville, FL 14 $ 2,520,000 $ 180,000 $ 68,000
Tacoma, WA 14 $ 2,867,000 $ 204,785 $ 80,000
Birmingham, AL 13 $ 2,144,000 $ 164,923 $ 71,000
Canton-Massillon, OH 13 $ 2,480,000 $ 190,769 $ 54,000
Nashville, TN 13 $ 2,666,000 $ 205,076 $ 77,000
Norfolk-Virginia Beach-Newport News, VA-NC 13 $ 2,158,000 $ 166,000 $ 60,000
Danbury, CT 12 $ 3,081,000 $ 256,750 $ 103,000
San Luis Obispo-Atascadero-Paso Robles, CA 12 $ 3,067,000 $ 255,583 $ 94,000
Columbia, MO 11 $ 1,546,000 $ 140,545 $ 42,000
Orlando, FL 11 $ 2,774,000 $ 252,181 $ 168,000
Washington, DC-MD-VA-WV 11 $ 3,573,000 $ 324,818 $ 102,000
Akron, OH 10 $ 1,732,000 $ 173,200 $ 81,000
Duluth-Superior, MN-WI 10 $ 974,000 $ 97,400 $ 98,000
Grand Rapids-Muskegon-Holland, MI 10 $ 1,803,000 $ 180,300 $ 118,000
Barnstable-Yarmouth, MA 9 $ 2,006,000 $ 222,888 $ 107,000
Cincinnati, OH-KY-IN 9 $ 1,330,000 $ 147,777 $ 58,000
Madison, WI 9 $ 1,359,000 $ 151,000 $ 101,000
Reno, NV 9 $ 1,773,000 $ 197,000 $ 141,000
Richmond-Petersburg, VA 9 $ 1,917,000 $ 213,000 $ 87,000
New Bedford, MA 8 $ 1,949,000 $ 243,625 $ 130,000
New Haven-Meriden, CT 8 $ 1,836,000 $ 229,500 $ 102,000
New London-Norwich, CT-RI 8 $ 1,557,000 $ 194,625 $ 70,000
Rochester, MN 8 $ 943,000 $ 117,875 $ 86,000
Stamford-Norwalk, CT 8 $ 2,571,000 $ 321,375 $ 150,000
Stockton-Lodi, CA 8 $ 2,257,000 $ 282,125 $ 83,000
Austin-San Marcos, TX 7 $ 1,480,000 $ 211,428 $ 103,000
Baton Rouge, LA 7 $ 1,409,000 $ 201,285 $ 39,000
Memphis, TN-AR-MS 7 $ 1,249,000 $ 178,428 $ 90,000
Springfield, MA 7 $ 1,387,000 $ 198,142 $ 50,000
Chico-Paradise, CA 6 $ 1,075,000 $ 179,166 $ 80,000
Fresno, CA 6 $ 1,453,000 $ 242,166 $ 121,000
Portsmouth-Rochester, NH-ME 6 $ 1,338,000 $ 223,000 $ 117,000
Sioux Falls, SD 6 $ 800,000 $ 133,333 $ 53,000
York, PA 6 $ 802,000 $ 133,666 $ 97,000
Fitchburg-Leominster, MA 5 $ 1,166,000 $ 233,200 $ 99,000
Lawrence, KS 5 $ 585,000 $ 117,000 $ 52,000
Mobile, AL 5 $ 923,000 $ 184,600 $ 712,000
Nassau-Suffolk, NY 5 $ 1,164,000 $ 232,800 $ 97,000
New York, NY 5 $ 1,313,000 $ 262,600 $ 106,000
Oklahoma City, OK 5 $ 680,000 $ 136,000 $ 69,000
Philadelphia, PA-NJ 5 $ 859,000 $ 171,800 $ 86,000
Portland-Vancouver, OR-WA 5 $ 922,000 $ 184,400 $ 102,000
Ventura, CA 5 $ 1,633,000 $ 326,600 $ 92,000
Asheville, NC 4 $ 617,000 $ 154,250 $ 47,000
Augusta-Aiken, GA-SC 4 $ 735,000 $ 183,750 $ 42,000
Gainesville, FL 4 $ 519,000 $ 129,750 $ 82,000
Gary, IN 4 $ 593,000 $ 148,250 $ 105,000
Middlesex-Somerset-Hunterdon, NJ 4 $ 727,000 $ 181,750 $ 101,000
Peoria-Pekin, IL 4 $ 405,000 $ 101,250 $ 57,000
Tucson, AZ 4 $ 765,000 $ 191,250 $ 115,000
West Palm Beach-Boca Raton, FL 4 $ 637,000 $ 159,250 $ 192,000
Bergen-Passaic, NJ 3 $ 649,000 $ 216,333 $ 97,000
Charleston-North Charleston, SC 3 $ 689,000 $ 229,666 $ 186,000
Dayton-Springfield, OH 3 $ 440,000 $ 146,666 $ 97,000
Eau Claire, WI 3 $ 607,000 $ 202,333 $ 59,000
Fayetteville, NC 3 $ 533,000 $ 177,666 $ 41,000
Fort Myers-Cape Coral, FL 3 $ 407,000 $ 135,666 $ 105,000
Fort Worth-Arlington, TX 3 $ 459,000 $ 153,000 $ 127,000
Galveston-Texas City, TX 3 $ 434,000 $ 144,666 $ 72,000
Jackson, MS 3 $ 446,000 $ 148,666 $ 41,000
Knoxville, TN 3 $ 563,000 $ 187,666 $ 68,000
Lansing-East Lansing, MI 3 $ 410,000 $ 136,666 $ 49,000
Lexington, KY 3 $ 519,000 $ 173,000 $ 95,000
Louisville, KY-IN 3 $ 485,000 $ 161,666 $ 51,000
Manchester, NH 3 $ 814,000 $ 271,333 $ 109,000
Melbourne-Titusville-Palm Bay, FL 3 $ 407,000 $ 135,666 $ 58,000
Olympia, WA 3 $ 472,000 $ 157,333 $ 79,000
Racine, WI 3 $ 577,000 $ 192,333 $ 47,000
Rockford, IL 3 $ 509,000 $ 169,666 $ 87,000
Salinas, CA 3 $ 676,000 $ 225,333 $ 65,000
Santa Barbara-Santa Maria-Lompoc, CA 3 $ 754,000 $ 251,333 $ 46,000
Sarasota-Bradenton, FL 3 $ 549,000 $ 183,000 $ 88,000
Tulsa, OK 3 $ 534,000 $ 178,000 $ 111,000
Bloomington-Normal, IL 2 $ 218,000 $ 109,000 $ 51,000
Boise City, ID 2 $ 220,000 $ 110,000 $ 57,000
Fargo-Moorhead, ND-MN 2 $ 239,000 $ 119,500 $ 76,000
Fayetteville-Springdale-Rogers, AR 2 $ 295,000 $ 147,500 $ 60,000
Flagstaff, AZ-UT 2 $ 363,000 $ 181,500 $ 208,000
Hamilton-Middletown, OH 2 $ 469,000 $ 234,500 $ 102,000
Jacksonville, NC 2 $ 152,000 $ 76,000 $ 52,000
Lancaster, PA 2 $ 265,000 $ 132,500 $ 76,000
Merced, CA 2 $ 310,000 $ 155,000 $ 48,000
Miami, FL 2 $ 315,000 $ 157,500 $ 164,000
Montgomery, AL 2 $ 210,000 $ 105,000 $ 39,000
Muncie, IN 2 $ 193,000 $ 96,500 $ 101,000
Myrtle Beach, SC 2 $ 262,000 $ 131,000 $ 56,000
Naples, FL 2 $ 225,000 $ 112,500 $ 35,000
New Orleans, LA 2 $ 320,000 $ 160,000 $ 79,000
Newark, NJ 2 $ 529,000 $ 264,500 $ 137,000
Omaha, NE-IA 2 $ 334,000 $ 167,000 $ 114,000
Pittsburgh, PA 2 $ 401,000 $ 200,500 $ 121,000
Pittsfield, MA 2 $ 199,000 $ 99,500 $ 18,000
Portland, ME 2 $ 279,000 $ 139,500 $ 82,000
San Antonio, TX 2 $ 293,000 $ 146,500 $ 74,000
Santa Fe, NM 2 $ 269,000 $ 134,500 $ 38,000
Santa Rosa, CA 2 $ 407,000 $ 203,500 $ 62,000
Sheboygan, WI 2 $ 238,000 $ 119,000 $ 75,000
Shreveport-Bossier City, LA 2 $ 104,000 $ 52,000 $ 6,000
South Bend, IN 2 $ 158,000 $ 79,000 $ 79,000
St. Cloud, MN 2 $ 229,000 $ 114,500 $ 33,000
Wilmington-Newark, DE-MD 2 $ 245,000 $ 122,500 $ 123,000
Albany-Schenectady-Troy, NY 1 $ 117,000 $ 117,000 $ 61,000
Albuquerque, NM 1 $ 147,000 $ 147,000 $ 30,000
Appleton-Oshkosh-Neenah, WI 1 $ 207,000 $ 207,000 $ 120,000
Atlantic-Cape May, NJ 1 $ 526,000 $ 526,000 $ 658,000
Bakersfield, CA 1 $ 184,000 $ 184,000 $ 125,000
Bangor, ME 1 $ 79,000 $ 79,000 $ 45,000
Bellingham, WA 1 $ 171,000 $ 171,000 $ 59,000
Billings, MT 1 $ 122,000 $ 122,000 $ 66,000
Biloxi-Gulfport-Pascagoula, MS 1 $ 136,000 $ 136,000 $ 75,000
Cedar Rapids, IA 1 $ 170,000 $ 170,000 $ 107,000
Columbus, GA-AL 1 $ 180,000 $ 180,000 $ 42,000
Daytona Beach, FL 1 $ 215,000 $ 215,000 $ 162,000
Decatur, AL 1 $ 90,000 $ 90,000 $ 36,000
Des Moines, IA 1 $ 157,000 $ 157,000 $ 50,000
Dubuque, IA 1 $ 95,000 $ 95,000 $ 51,000
Elkhart-Goshen, IN 1 $ 78,000 $ 78,000 $ 37,000
Evansville-Henderson, IN-KY 1 $ 302,000 $ 302,000 $ 110,000
Flint, MI 1 $ 140,000 $ 140,000 $ 0
Florence, AL 1 $ 84,000 $ 84,000 $ 55,000
Fort Pierce-Port St. Lucie, FL 1 $ 130,000 $ 130,000 $ 55,000
Grand Forks, ND-MN 1 $ 106,000 $ 106,000 $ 61,000
Grand Junction, CO 1 $ 176,000 $ 176,000 $ 43,000
Greenville, NC 1 $ 649,000 $ 649,000 $ 450,000
Hagerstown, MD 1 $ 91,000 $ 91,000 $ 160,000
La Crosse, WI-MN 1 $ 139,000 $ 139,000 $ 72,000
Lakeland-Winter Haven, FL 1 $ 81,000 $ 81,000 $ 78,000
Las Cruces, NM 1 $ 95,000 $ 95,000 $ 0
Lewiston-Auburn, ME 1 $ 112,000 $ 112,000 $ 55,000
Lincoln, NE 1 $ 167,000 $ 167,000 $ 40,000
Lubbock, TX 1 $ 68,000 $ 68,000 $ 41,000
Macon, GA 1 $ 495,000 $ 495,000 $ 230,000
Mansfield, OH 1 $ 322,000 $ 322,000 $ 79,000
Medford-Ashland, OR 1 $ 126,000 $ 126,000 $ 78,000
Modesto, CA 1 $ 174,000 $ 174,000 $ 50,000
Monmouth-Ocean, NJ 1 $ 192,000 $ 192,000 $ 68,000
Rapid City, SD 1 $ 78,000 $ 78,000 $ 48,000
Reading, PA 1 $ 120,000 $ 120,000 $ 80,000
Salem, OR 1 $ 107,000 $ 107,000 $ 32,000
Santa Cruz-Watsonville, CA 1 $ 164,000 $ 164,000 $ 52,000
Spokane, WA 1 $ 228,000 $ 228,000 $ 90,000
Springfield, IL 1 $ 110,000 $ 110,000 $ 51,000
Tyler, TX 1 $ 116,000 $ 116,000 $ 66,000
Visalia-Tulare-Porterville, CA 1 $ 142,000 $ 142,000 $ 35,000
Wausau, WI 1 $ 98,000 $ 98,000 $ 56,000
Wilmington, NC 1 $ 116,000 $ 116,000 $ 115,000
Yuma, AZ 1 $ 89,000 $ 89,000 $ 56,000

Mortgage Loan Application Detail Totals for Netbank Fundings Services 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) 4,376 $921,409,000 $183,659 $650,000 $85,042 $2,532,000
Home Purchase (one-to-four family) 1,065 $217,986,000 $196,911 $650,000 $83,466 $878,000
Home Improvement (one-to-four family) 3 $1,290,000 $446,000 $495,000 $159,000 $230,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 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
Not applicable 5,444 $1,140,685,000 $185,604 $650,000 $81,416 $2,532,000
Other 0 $0 $0 $0 $0 $0
White 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian or Pacific Islander 0 $0 $0 $0 $0 $0
Black 0 $0 $0 $0 $0 $0
Hispanic 0 $0 $0 $0 $0 $0
Information not provided by applicant in mail or telephone application 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) 5,434 $1,139,352,000 $185,854 $650,000 $81,791 $2,532,000
FHA-insured (Federal Housing Administration) 10 $1,333,000 $125,000 $207,000 $55,000 $127,000
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
Loan Purchased By The Institution 5,444 $1,140,685,000 $185,604 $650,000 $81,416 $2,532,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Loan Originated 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 Netbank Fundings Services'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 Netbank Fundings Services'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 South Carolina, download the full spreadsheet with aggregated HMDA statistics today.

Download the South Carolina Lender List