Principal Bank Mortgage Lending & HMDA Data, 2006
In 2006, Principal Bank of Des Moines, IA reported 2,296 mortgage applications totaling $195.5 million, up 1% from 2005. The average application was for $85,135, and applicants reported an average income of $92,984. 15% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Minneapolis-St. Paul-Bloomington, MN-WI (746), Des Moines-West Des Moines, IA (146) and Chicago-Naperville-Joliet, IL (105) (applications in parentheses).
| Mortgage Company & Address | Principal Bank 711 High Street Des Moines, IA 50392 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 2,296 |
| Total Mortgage Loan Application Amount | $195,470,000 |
| Average Mortgage Loan Application Amount | $85,135 |
| Highest Mortgage Loan Application Amount | $1,000,000 |
| Average Applicant Income | $92,984 |
| Highest Applicant Income | $833,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Principal Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Minneapolis-St. Paul-Bloomington, MN-WI | 746 | $ 39,677,000 | $ 53,186 | $ 84,571 |
| Des Moines-West Des Moines, IA | 146 | $ 4,806,000 | $ 32,917 | $ 60,000 |
| Chicago-Naperville-Joliet, IL | 105 | $ 9,857,000 | $ 93,876 | $ 150,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 59 | $ 9,400,000 | $ 159,322 | $ 116,338 |
| Atlanta-Sandy Springs-Marietta, GA | 32 | $ 2,592,000 | $ 81,000 | $ 108,000 |
| New York-White Plains-Wayne, NY-NJ | 27 | $ 4,686,000 | $ 173,555 | $ 119,740 |
| Phoenix-Mesa-Scottsdale, AZ | 27 | $ 6,215,000 | $ 230,185 | $ 121,000 |
| Baltimore-Towson, MD | 23 | $ 4,622,000 | $ 200,956 | $ 116,000 |
| Bloomington-Normal, IL | 23 | $ 742,000 | $ 32,260 | $ 78,000 |
| Edison, NJ | 23 | $ 2,772,000 | $ 120,521 | $ 124,000 |
| Portland-Vancouver-Beaverton, OR-WA | 21 | $ 1,951,000 | $ 92,904 | $ 73,666 |
| Seattle-Bellevue-Everett, WA | 20 | $ 3,547,000 | $ 177,350 | $ 96,000 |
| Tampa-St. Petersburg-Clearwater, FL | 20 | $ 2,805,000 | $ 140,250 | $ 110,000 |
| Denver-Aurora, CO | 19 | $ 2,833,000 | $ 149,105 | $ 114,000 |
| Champaign-Urbana, IL | 18 | $ 585,000 | $ 32,500 | $ 86,000 |
| Nassau-Suffolk, NY | 18 | $ 2,790,000 | $ 155,000 | $ 99,000 |
| Newark-Union, NJ-PA | 17 | $ 3,559,000 | $ 209,352 | $ 125,000 |
| Duluth, MN-WI | 16 | $ 740,000 | $ 46,250 | $ 66,500 |
| Indianapolis-Carmel, IN | 16 | $ 904,000 | $ 56,500 | $ 110,000 |
| Lake County-Kenosha County, IL-WI | 16 | $ 2,389,000 | $ 149,312 | $ 134,687 |
| Omaha-Council Bluffs, NE-IA | 15 | $ 581,000 | $ 38,733 | $ 104,933 |
| Oakland-Fremont-Hayward, CA | 13 | $ 4,084,000 | $ 314,153 | $ 161,000 |
| Riverside-San Bernardino-Ontario, CA | 13 | $ 3,052,000 | $ 234,769 | $ 94,000 |
| Dallas-Plano-Irving, TX | 11 | $ 930,000 | $ 84,545 | $ 113,000 |
| Kansas City, MO-KS | 11 | $ 504,000 | $ 45,818 | $ 91,272 |
| Philadelphia, PA | 11 | $ 2,166,000 | $ 196,909 | $ 143,000 |
| St. Cloud, MN | 11 | $ 563,000 | $ 51,181 | $ 60,000 |
| St. Louis, MO-IL | 11 | $ 1,041,000 | $ 94,636 | $ 99,000 |
| Salt Lake City, UT | 10 | $ 639,000 | $ 63,900 | $ 64,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 10 | $ 534,000 | $ 53,400 | $ 75,000 |
| Bethesda-Gaithersburg-Frederick, MD | 9 | $ 1,804,000 | $ 200,444 | $ 128,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 9 | $ 977,000 | $ 108,555 | $ 116,000 |
| Los Angeles-Long Beach-Glendale, CA | 9 | $ 2,122,000 | $ 235,777 | $ 104,000 |
| Fort Collins-Loveland, CO | 8 | $ 869,000 | $ 108,625 | $ 126,000 |
| Milwaukee-Waukesha-West Allis, WI | 8 | $ 1,174,000 | $ 146,750 | $ 110,000 |
| Albuquerque, NM | 7 | $ 973,000 | $ 139,000 | $ 106,000 |
| Cedar Rapids, IA | 7 | $ 322,000 | $ 46,000 | $ 51,000 |
| Charlotte-Gastonia-Concord, NC-SC | 7 | $ 1,137,000 | $ 162,428 | $ 112,857 |
| Cincinnati-Middletown, OH-KY-IN | 7 | $ 261,000 | $ 37,285 | $ 65,000 |
| Colorado Springs, CO | 7 | $ 234,000 | $ 33,428 | $ 72,000 |
| Columbus, OH | 7 | $ 706,000 | $ 100,857 | $ 51,000 |
| Fargo, ND-MN | 7 | $ 263,000 | $ 37,571 | $ 89,285 |
| Jacksonville, FL | 7 | $ 1,808,000 | $ 258,285 | $ 131,000 |
| Tulsa, OK | 7 | $ 233,000 | $ 33,285 | $ 76,000 |
| Boise City-Nampa, ID | 6 | $ 430,000 | $ 71,666 | $ 57,000 |
| Bridgeport-Stamford-Norwalk, CT | 6 | $ 1,043,000 | $ 173,833 | $ 138,000 |
| Columbia, SC | 6 | $ 146,000 | $ 24,333 | $ 64,000 |
| Las Vegas-Paradise, NV | 6 | $ 1,247,000 | $ 207,833 | $ 132,000 |
| Lima, OH | 6 | $ 230,000 | $ 38,333 | $ 92,000 |
| Nashville-Davidson--Murfreesboro, TN | 6 | $ 208,000 | $ 34,666 | $ 78,000 |
| Palm Bay-Melbourne-Titusville, FL | 6 | $ 305,000 | $ 50,833 | $ 85,000 |
| Pittsburgh, PA | 6 | $ 701,000 | $ 116,833 | $ 112,000 |
| Raleigh-Cary, NC | 6 | $ 247,000 | $ 41,166 | $ 74,000 |
| Richmond, VA | 6 | $ 231,000 | $ 38,500 | $ 77,000 |
| Tacoma, WA | 6 | $ 1,016,000 | $ 169,333 | $ 100,000 |
| Ames, IA | 5 | $ 241,000 | $ 48,200 | $ 84,000 |
| Cape Coral-Fort Myers, FL | 5 | $ 1,273,000 | $ 254,600 | $ 198,000 |
| Green Bay, WI | 5 | $ 355,000 | $ 71,000 | $ 71,000 |
| Hartford-West Hartford-East Hartford, CT | 5 | $ 307,000 | $ 61,400 | $ 85,000 |
| Honolulu, HI | 5 | $ 382,000 | $ 76,400 | $ 140,000 |
| Sacramento--Arden-Arcade--Roseville, CA | 5 | $ 1,723,000 | $ 344,600 | $ 148,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 5 | $ 2,119,000 | $ 423,800 | $ 115,000 |
| Worcester, MA | 5 | $ 775,000 | $ 155,000 | $ 103,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 4 | $ 761,000 | $ 190,250 | $ 107,000 |
| Cambridge-Newton-Framingham, MA | 4 | $ 1,093,000 | $ 273,250 | $ 114,000 |
| Cleveland-Elyria-Mentor, OH | 4 | $ 174,000 | $ 43,500 | $ 64,000 |
| Fort Worth-Arlington, TX | 4 | $ 697,000 | $ 174,250 | $ 152,000 |
| Iowa City, IA | 4 | $ 320,000 | $ 80,000 | $ 108,000 |
| Louisville-Jefferson County, KY-IN | 4 | $ 428,000 | $ 107,000 | $ 120,000 |
| Madison, WI | 4 | $ 165,000 | $ 41,250 | $ 78,000 |
| Orlando-Kissimmee, FL | 4 | $ 298,000 | $ 74,500 | $ 126,000 |
| Pensacola-Ferry Pass-Brent, FL | 4 | $ 1,204,000 | $ 301,000 | $ 140,000 |
| San Antonio, TX | 4 | $ 819,000 | $ 204,750 | $ 68,000 |
| Sandusky, OH | 4 | $ 139,000 | $ 34,750 | $ 105,000 |
| Santa Ana-Anaheim-Irvine, CA | 4 | $ 656,000 | $ 164,000 | $ 102,000 |
| Tucson, AZ | 4 | $ 560,000 | $ 140,000 | $ 90,000 |
| Waterloo-Cedar Falls, IA | 4 | $ 129,000 | $ 32,250 | $ 69,000 |
| Boston-Quincy, MA | 3 | $ 329,000 | $ 109,666 | $ 89,000 |
| Camden, NJ | 3 | $ 387,000 | $ 129,000 | $ 70,000 |
| Davenport-Moline-Rock Island, IA-IL | 3 | $ 137,000 | $ 45,666 | $ 78,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 3 | $ 459,000 | $ 153,000 | $ 78,000 |
| Durham, NC | 3 | $ 985,000 | $ 328,333 | $ 181,000 |
| Essex County, MA | 3 | $ 316,000 | $ 105,333 | $ 60,000 |
| Fayetteville-Springdale-Rogers, AR-MO | 3 | $ 584,000 | $ 194,666 | $ 98,000 |
| Fort Wayne, IN | 3 | $ 115,000 | $ 38,333 | $ 67,000 |
| Gary, IN | 3 | $ 330,000 | $ 110,000 | $ 107,000 |
| Grand Rapids-Wyoming, MI | 3 | $ 130,000 | $ 43,333 | $ 74,000 |
| Greeley, CO | 3 | $ 66,000 | $ 22,000 | $ 62,000 |
| Houston-Sugar Land-Baytown, TX | 3 | $ 654,000 | $ 218,000 | $ 177,000 |
| Huntsville, AL | 3 | $ 62,000 | $ 20,666 | $ 63,000 |
| Kalamazoo-Portage, MI | 3 | $ 234,000 | $ 78,000 | $ 179,000 |
| Medford, OR | 3 | $ 905,000 | $ 301,666 | $ 97,000 |
| New Haven-Milford, CT | 3 | $ 548,000 | $ 182,666 | $ 88,000 |
| Ogden-Clearfield, UT | 3 | $ 135,000 | $ 45,000 | $ 150,000 |
| Oklahoma City, OK | 3 | $ 73,000 | $ 24,333 | $ 95,000 |
| Peoria, IL | 3 | $ 66,000 | $ 22,000 | $ 82,000 |
| Providence-New Bedford-Fall River, RI-MA | 3 | $ 163,000 | $ 54,333 | $ 113,000 |
| Roanoke, VA | 3 | $ 336,000 | $ 112,000 | $ 65,000 |
| Rockingham County-Strafford County, NH | 3 | $ 145,000 | $ 48,333 | $ 170,000 |
| San Diego-Carlsbad-San Marcos, CA | 3 | $ 983,000 | $ 327,666 | $ 108,000 |
| Sarasota-Bradenton-Venice, FL | 3 | $ 204,000 | $ 68,000 | $ 99,000 |
| Sioux Falls, SD | 3 | $ 95,000 | $ 31,666 | $ 329,000 |
| Syracuse, NY | 3 | $ 130,000 | $ 43,333 | $ 65,000 |
| Vallejo-Fairfield, CA | 3 | $ 203,000 | $ 67,666 | $ 125,000 |
| Warren-Troy-Farmington Hills, MI | 3 | $ 211,000 | $ 70,333 | $ 82,000 |
| Wilmington, DE-MD-NJ | 3 | $ 240,000 | $ 80,000 | $ 77,000 |
| Anchorage, AK | 2 | $ 173,000 | $ 86,500 | $ 102,000 |
| Bloomington, IN | 2 | $ 48,000 | $ 24,000 | $ 42,000 |
| Buffalo-Niagara Falls, NY | 2 | $ 31,000 | $ 15,500 | $ 45,000 |
| Charlottesville, VA | 2 | $ 62,000 | $ 31,000 | $ 70,000 |
| Danville, IL | 2 | $ 50,000 | $ 25,000 | $ 44,000 |
| Dayton, OH | 2 | $ 49,000 | $ 24,500 | $ 86,000 |
| Dubuque, IA | 2 | $ 46,000 | $ 23,000 | $ 55,000 |
| El Paso, TX | 2 | $ 69,000 | $ 34,500 | $ 71,000 |
| Eugene-Springfield, OR | 2 | $ 93,000 | $ 46,500 | $ 64,000 |
| Fairbanks, AK | 2 | $ 100,000 | $ 50,000 | $ 110,000 |
| Fort Walton Beach-Crestview-Destin, FL | 2 | $ 994,000 | $ 497,000 | $ 235,000 |
| Fresno, CA | 2 | $ 235,000 | $ 117,500 | $ 189,000 |
| Hagerstown-Martinsburg, MD-WV | 2 | $ 235,000 | $ 117,500 | $ 63,500 |
| Harrisburg-Carlisle, PA | 2 | $ 39,000 | $ 19,500 | $ 84,000 |
| Hickory-Lenoir-Morganton, NC | 2 | $ 98,000 | $ 49,000 | $ 158,000 |
| Lafayette, IN | 2 | $ 54,000 | $ 27,000 | $ 64,000 |
| Lake Charles, LA | 2 | $ 28,000 | $ 14,000 | $ 29,000 |
| Lansing-East Lansing, MI | 2 | $ 42,000 | $ 21,000 | $ 50,000 |
| Little Rock-North Little Rock, AR | 2 | $ 27,000 | $ 13,500 | $ 50,000 |
| Longview, WA | 2 | $ 162,000 | $ 81,000 | $ 70,000 |
| Manchester-Nashua, NH | 2 | $ 110,000 | $ 55,000 | $ 103,000 |
| Miami-Miami Beach-Kendall, FL | 2 | $ 521,000 | $ 260,500 | $ 212,000 |
| Modesto, CA | 2 | $ 88,000 | $ 44,000 | $ 157,000 |
| Monroe, MI | 2 | $ 159,000 | $ 79,500 | $ 86,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC | 2 | $ 478,000 | $ 239,000 | $ 47,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 2 | $ 998,000 | $ 499,000 | $ 128,000 |
| Panama City-Lynn Haven, FL | 2 | $ 280,000 | $ 140,000 | $ 98,000 |
| Poughkeepsie-Newburgh-Middletown, NY | 2 | $ 235,000 | $ 117,500 | $ 142,000 |
| Rochester, MN | 2 | $ 67,000 | $ 33,500 | $ 60,000 |
| Rockford, IL | 2 | $ 80,000 | $ 40,000 | $ 70,000 |
| Santa Rosa-Petaluma, CA | 2 | $ 133,000 | $ 66,500 | $ 147,000 |
| Savannah, GA | 2 | $ 140,000 | $ 70,000 | $ 63,000 |
| Scranton--Wilkes-Barre, PA | 2 | $ 40,000 | $ 20,000 | $ 94,000 |
| South Bend-Mishawaka, IN-MI | 2 | $ 209,000 | $ 104,500 | $ 97,000 |
| Spokane, WA | 2 | $ 53,000 | $ 26,500 | $ 92,000 |
| St. George, UT | 2 | $ 234,000 | $ 117,000 | $ 23,000 |
| Tallahassee, FL | 2 | $ 106,000 | $ 53,000 | $ 51,000 |
| Visalia-Porterville, CA | 2 | $ 75,000 | $ 37,500 | $ 142,000 |
| York-Hanover, PA | 2 | $ 40,000 | $ 20,000 | $ 9,000 |
| Anderson, IN | 1 | $ 20,000 | $ 20,000 | $ 50,000 |
| Ann Arbor, MI | 1 | $ 498,000 | $ 498,000 | $ 253,000 |
| Anniston-Oxford, AL | 1 | $ 20,000 | $ 20,000 | $ 54,000 |
| Asheville, NC | 1 | $ 25,000 | $ 25,000 | $ 25,000 |
| Augusta-Richmond County, GA-SC | 1 | $ 35,000 | $ 35,000 | $ 104,000 |
| Austin-Round Rock, TX | 1 | $ 250,000 | $ 250,000 | $ 137,000 |
| Bakersfield, CA | 1 | $ 51,000 | $ 51,000 | $ 112,000 |
| Bangor, ME | 1 | $ 28,000 | $ 28,000 | $ 68,000 |
| Baton Rouge, LA | 1 | $ 17,000 | $ 17,000 | $ 35,000 |
| Battle Creek, MI | 1 | $ 43,000 | $ 43,000 | $ 81,000 |
| Bellingham, WA | 1 | $ 623,000 | $ 623,000 | $ 242,000 |
| Bend, OR | 1 | $ 104,000 | $ 104,000 | $ 85,000 |
| Binghamton, NY | 1 | $ 50,000 | $ 50,000 | $ 37,000 |
| Birmingham-Hoover, AL | 1 | $ 161,000 | $ 161,000 | $ 102,000 |
| Bismarck, ND | 1 | $ 21,000 | $ 21,000 | $ 62,000 |
| Boulder, CO | 1 | $ 40,000 | $ 40,000 | $ 41,000 |
| Bremerton-Silverdale, WA | 1 | $ 147,000 | $ 147,000 | $ 128,000 |
| Canton-Massillon, OH | 1 | $ 20,000 | $ 20,000 | $ 70,000 |
| Charleston-North Charleston, SC | 1 | $ 27,000 | $ 27,000 | $ 26,000 |
| Cheyenne, WY | 1 | $ 80,000 | $ 80,000 | $ 58,000 |
| Chico, CA | 1 | $ 45,000 | $ 45,000 | $ 78,000 |
| Coeur D'Alene, ID | 1 | $ 50,000 | $ 50,000 | $ 66,000 |
| Columbus, GA-AL | 1 | $ 18,000 | $ 18,000 | $ 45,000 |
| Dalton, GA | 1 | $ 86,000 | $ 86,000 | $ 72,000 |
| Decatur, IL | 1 | $ 25,000 | $ 25,000 | $ 60,000 |
| Detroit-Livonia-Dearborn, MI | 1 | $ 10,000 | $ 10,000 | $ 55,000 |
| Dothan, AL | 1 | $ 40,000 | $ 40,000 | $ 104,000 |
| Eau Claire, WI | 1 | $ 20,000 | $ 20,000 | $ 56,000 |
| Erie, PA | 1 | $ 25,000 | $ 25,000 | $ 90,000 |
| Evansville, IN-KY | 1 | $ 24,000 | $ 24,000 | $ 75,000 |
| Flint, MI | 1 | $ 25,000 | $ 25,000 | $ 28,000 |
| Gadsden, AL | 1 | $ 35,000 | $ 35,000 | $ 71,000 |
| Grand Forks, ND-MN | 1 | $ 21,000 | $ 21,000 | $ 98,000 |
| Grand Junction, CO | 1 | $ 50,000 | $ 50,000 | $ 97,000 |
| Great Falls, MT | 1 | $ 44,000 | $ 44,000 | $ 50,000 |
| Holland-Grand Haven, MI | 1 | $ 20,000 | $ 20,000 | $ 73,000 |
| Jackson, MS | 1 | $ 35,000 | $ 35,000 | $ 29,000 |
| Jefferson City, MO | 1 | $ 20,000 | $ 20,000 | $ 20,000 |
| Kokomo, IN | 1 | $ 30,000 | $ 30,000 | $ 64,000 |
| La Crosse, WI-MN | 1 | $ 34,000 | $ 34,000 | $ 54,000 |
| Lakeland, FL | 1 | $ 60,000 | $ 60,000 | $ 109,000 |
| Lancaster, PA | 1 | $ 25,000 | $ 25,000 | $ 54,000 |
| Las Cruces, NM | 1 | $ 20,000 | $ 20,000 | $ 54,000 |
| Lexington-Fayette, KY | 1 | $ 30,000 | $ 30,000 | $ 144,000 |
| Logan, UT-ID | 1 | $ 36,000 | $ 36,000 | $ 60,000 |
| Lynchburg, VA | 1 | $ 11,000 | $ 11,000 | $ 42,000 |
| Memphis, TN-MS-AR | 1 | $ 508,000 | $ 508,000 | $ 141,000 |
| Michigan City-La Porte, IN | 1 | $ 32,000 | $ 32,000 | $ 77,000 |
| Montgomery, AL | 1 | $ 25,000 | $ 25,000 | $ 37,000 |
| Mount Vernon-Anacortes, WA | 1 | $ 345,000 | $ 345,000 | $ 225,000 |
| Muncie, IN | 1 | $ 27,000 | $ 27,000 | $ 88,000 |
| Muskegon-Norton Shores, MI | 1 | $ 10,000 | $ 10,000 | $ 14,000 |
| New Orleans-Metairie-Kenner, LA | 1 | $ 13,000 | $ 13,000 | $ 49,000 |
| Norwich-New London, CT | 1 | $ 50,000 | $ 50,000 | $ 110,000 |
| Ocala, FL | 1 | $ 55,000 | $ 55,000 | $ 64,000 |
| Pine Bluff, AR | 1 | $ 10,000 | $ 10,000 | $ 34,000 |
| Pocatello, ID | 1 | $ 18,000 | $ 18,000 | $ 54,000 |
| Port St. Lucie-Fort Pierce, FL | 1 | $ 708,000 | $ 708,000 | $ 315,000 |
| Prescott, AZ | 1 | $ 135,000 | $ 135,000 | $ 88,000 |
| Pueblo, CO | 1 | $ 10,000 | $ 10,000 | $ 45,000 |
| Reno-Sparks, NV | 1 | $ 287,000 | $ 287,000 | $ 252,000 |
| Rochester, NY | 1 | $ 75,000 | $ 75,000 | $ 73,000 |
| Saginaw-Saginaw Township North, MI | 1 | $ 35,000 | $ 35,000 | $ 72,000 |
| Salisbury, MD | 1 | $ 35,000 | $ 35,000 | $ 26,000 |
| San Francisco-San Mateo-Redwood City, CA | 1 | $ 706,000 | $ 706,000 | $ 330,000 |
| Santa Fe, NM | 1 | $ 20,000 | $ 20,000 | $ 63,000 |
| Sheboygan, WI | 1 | $ 49,000 | $ 49,000 | $ 77,000 |
| Spartanburg, SC | 1 | $ 12,000 | $ 12,000 | $ 78,000 |
| St. Joseph, MO-KS | 1 | $ 14,000 | $ 14,000 | $ 68,000 |
| Topeka, KS | 1 | $ 130,000 | $ 130,000 | $ 27,000 |
| Trenton-Ewing, NJ | 1 | $ 85,000 | $ 85,000 | $ 94,000 |
| Wausau, WI | 1 | $ 74,000 | $ 74,000 | $ 73,000 |
| Wenatchee, WA | 1 | $ 11,000 | $ 11,000 | $ 117,000 |
| West Palm Beach-Boca Raton-Boynton Beach, FL | 1 | $ 50,000 | $ 50,000 | $ 126,000 |
| Wheeling, WV-OH | 1 | $ 60,000 | $ 60,000 | $ 112,000 |
| Wichita, KS | 1 | $ 15,000 | $ 15,000 | $ 34,000 |
| Wilmington, NC | 1 | $ 60,000 | $ 60,000 | $ 81,000 |
| Winchester, VA-WV | 1 | $ 476,000 | $ 476,000 | $ 111,000 |
| Winston-Salem, NC | 1 | $ 150,000 | $ 150,000 | $ 180,000 |
| Youngstown-Warren-Boardman, OH-PA | 1 | $ 35,000 | $ 35,000 | $ 60,000 |
Mortgage Loan Application Detail Totals for Principal Bank in 2006
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 | 1,121 | $84,278,000 | $75,000 | $960,000 | $90,000 | $638,000 |
| Home Purchase | 682 | $92,360,000 | $135,000 | $1,000,000 | $108,000 | $833,000 |
| Home Improvement | 493 | $18,832,000 | $38,000 | $200,000 | $79,000 | $419,000 |
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 | 1,539 | $163,177,000 | $106,000 | $1,000,000 | $97,000 | $757,000 |
| White | 448 | $17,299,000 | $38,000 | $250,000 | $80,000 | $833,000 |
| Not Provided | 228 | $10,805,000 | $47,000 | $200,000 | $92,000 | $419,000 |
| Asian | 28 | $1,673,000 | $59,000 | $151,000 | $103,000 | $300,000 |
| Hispanic | 26 | $1,129,000 | $43,000 | $200,000 | $80,000 | $206,000 |
| Black or African American | 25 | $1,302,000 | $52,000 | $200,000 | $76,000 | $311,000 |
| American Indian or Alaskan Native | 2 | $85,000 | $42,000 | $75,000 | $86,000 | $120,000 |
| Native Hawaiian or Other Pacific Islander | 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) | 2,296 | $195,470,000 | $85,000 | $1,000,000 | $93,000 | $833,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 1,539 | $163,177,000 | $106,000 | $1,000,000 | $97,000 | $757,000 |
| Loan Originated | 343 | $13,390,000 | $39,000 | $155,000 | $88,000 | $419,000 |
| Application Approved But Not Accepted | 214 | $10,295,000 | $48,000 | $200,000 | $100,000 | $833,000 |
| Application Denied By Financial Institution | 198 | $8,459,000 | $42,000 | $250,000 | $61,000 | $360,000 |
| File Closed For Incompleteness | 2 | $149,000 | $74,000 | $89,000 | $88,000 | $120,000 |
| Application Withdrawn By Applicant | 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 |
|---|---|---|---|---|---|---|
| Credit History | 134 | $5,427,000 | $40,000 | $200,000 | $66,000 | $360,000 |
| Debt-To-Income Ratio | 56 | $2,479,000 | $44,000 | $200,000 | $45,000 | $127,000 |
| Collateral | 5 | $449,000 | $89,000 | $250,000 | $101,000 | $204,000 |
| Employment History | 2 | $75,000 | $37,000 | $50,000 | $90,000 | $120,000 |
| Credit Application Incomplete | 1 | $29,000 | $29,000 | $29,000 | $55,000 | $55,000 |
| 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 Principal Bank's 2006 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 Principal 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 Iowa, download the full spreadsheet
with aggregated HMDA statistics today.
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