Sallie Mae Home Loans
HMDA Loan Application Totals
and Mortgage Lending Details
for 2007
Sallie Mae Home Loans 2007 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Sallie Mae Home Loans 28175 Cabot Dr Novi, MI 48377 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 3,862 |
| Total Mortgage Loan Application Amount | $715,335,000 |
| Average Mortgage Loan Application Amount | $137,000 |
| Highest Mortgage Loan Application Amount | $1,890,000 |
| Average Applicant Income | $87,000 |
| Highest Applicant Income | $1,500,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2007 with Sallie Mae Home Loans. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Sallie Mae Home Loans's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2007 breaks down Sallie Mae Home Loans's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Sallie Mae Home Loans serves its applicants.
Each category highlights the total number of mortgage applications processed by Sallie Mae Home Loans, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Sallie Mae Home Loans's mortgage activity for 2007.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| PHOENIX-MESA-SCOTTSDALE, AZ | 330 | $ 66,410,000 | $ 201,000 | $ 102,000 |
| WARREN-TROY-FARMINGTON HILLS, MI | 321 | $ 57,503,000 | $ 179,000 | $ 103,000 |
| DETROIT-LIVONIA-DEARBORN, MI | 249 | $ 33,678,000 | $ 135,000 | $ 83,000 |
| BOSTON-QUINCY, MA | 147 | $ 38,642,000 | $ 262,000 | $ 101,000 |
| CAMBRIDGE-NEWTON-FRAMINGHAM, MA | 117 | $ 35,649,000 | $ 304,000 | $ 152,000 |
| CHICAGO-NAPERVILLE-JOLIET, IL | 88 | $ 17,094,000 | $ 194,000 | $ 94,000 |
| INDIANAPOLIS-CARMEL, IN | 69 | $ 8,881,000 | $ 128,000 | $ 83,000 |
| LOS ANGELES-LONG BEACH-GLENDALE, CA | 68 | $ 21,827,000 | $ 320,000 | $ 117,000 |
| WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV | 64 | $ 19,217,000 | $ 285,500 | $ 94,000 |
| RIVERSIDE-SAN BERNARDINO-ONTARIO, CA | 52 | $ 13,029,000 | $ 250,000 | $ 120,000 |
| ATLANTA-SANDY SPRINGS-MARIETTA, GA | 49 | $ 8,250,000 | $ 168,000 | $ 83,000 |
| ANN ARBOR, MI | 47 | $ 8,254,000 | $ 175,000 | $ 95,000 |
| PHILADELPHIA, PA | 43 | $ 7,756,000 | $ 180,000 | $ 95,000 |
| DENVER-AURORA, CO | 42 | $ 7,451,000 | $ 177,000 | $ 88,000 |
| TUCSON, AZ | 40 | $ 6,466,000 | $ 161,000 | $ 77,000 |
| ORLANDO-KISSIMMEE, FL | 37 | $ 7,169,000 | $ 193,000 | $ 85,000 |
| ST. LOUIS, MO-IL | 36 | $ 5,314,000 | $ 128,000 | $ 78,000 |
| PEABODY, MA | 34 | $ 8,187,000 | $ 240,000 | $ 123,000 |
| PROVIDENCE-NEW BEDFORD-FALL RIVER, RI-MA | 31 | $ 6,258,000 | $ 195,000 | $ 75,000 |
| WORCESTER, MA | 27 | $ 5,404,000 | $ 200,000 | $ 80,000 |
| HOUSTON-SUGAR LAND-BAYTOWN, TX | 25 | $ 4,976,000 | $ 199,000 | $ 88,000 |
| PORTLAND-VANCOUVER-BEAVERTON, OR-WA | 23 | $ 4,945,000 | $ 195,000 | $ 93,000 |
| ALLENTOWN-BETHLEHEM-EASTON, PA-NJ | 21 | $ 3,527,000 | $ 167,000 | $ 107,000 |
| MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI | 21 | $ 4,980,000 | $ 237,000 | $ 110,000 |
| RICHMOND, VA | 21 | $ 4,210,000 | $ 200,000 | $ 94,000 |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC | 21 | $ 3,655,000 | $ 174,000 | $ 62,000 |
| GARY, IN | 20 | $ 2,568,000 | $ 128,000 | $ 86,000 |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL | 19 | $ 2,801,000 | $ 147,000 | $ 75,000 |
| BARNSTABLE TOWN, MA | 18 | $ 5,195,000 | $ 288,000 | $ 115,000 |
| KANSAS CITY, MO-KS | 18 | $ 2,516,000 | $ 146,500 | $ 77,500 |
| MIAMI-MIAMI BEACH-KENDALL, FL | 17 | $ 3,534,000 | $ 207,000 | $ 112,000 |
| FLINT, MI | 16 | $ 1,822,000 | $ 113,000 | $ 75,000 |
| SEATTLE-BELLEVUE-EVERETT, WA | 16 | $ 3,671,000 | $ 229,000 | $ 110,000 |
| SAN DIEGO-CARLSBAD-SAN MARCOS, CA | 15 | $ 4,286,000 | $ 285,000 | $ 120,000 |
| SANTA ANA-ANAHEIM-IRVINE, CA | 14 | $ 4,424,000 | $ 316,000 | $ 121,000 |
| BALTIMORE-TOWSON, MD | 13 | $ 3,572,000 | $ 274,000 | $ 73,000 |
| LANSING-EAST LANSING, MI | 13 | $ 2,013,000 | $ 154,000 | $ 88,000 |
| ROCKINGHAM COUNTY-STRAFFORD COUNTY, NH | 13 | $ 3,385,000 | $ 260,000 | $ 190,000 |
| SAN ANTONIO, TX | 13 | $ 2,156,000 | $ 165,000 | $ 66,000 |
| WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL | 13 | $ 3,317,000 | $ 255,000 | $ 56,000 |
| MILWAUKEE-WAUKESHA-WEST ALLIS, WI | 12 | $ 1,724,000 | $ 143,000 | $ 75,000 |
| SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA | 12 | $ 3,561,000 | $ 296,000 | $ 76,000 |
| SCRANTON--WILKES-BARRE, PA | 12 | $ 1,231,000 | $ 102,000 | $ 56,000 |
| YUMA, AZ | 12 | $ 1,629,000 | $ 135,000 | $ 74,000 |
| COLUMBUS, OH | 11 | $ 2,178,000 | $ 198,000 | $ 83,000 |
| DALLAS-PLANO-IRVING, TX | 11 | $ 2,262,000 | $ 205,000 | $ 68,000 |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN | 11 | $ 1,513,000 | $ 137,000 | $ 59,000 |
| NEW ORLEANS-METAIRIE-KENNER, LA | 11 | $ 1,601,000 | $ 145,000 | $ 73,000 |
| BETHESDA-GAITHERSBURG-FREDERICK, MD | 10 | $ 2,735,000 | $ 273,000 | $ 102,000 |
| COLORADO SPRINGS, CO | 10 | $ 1,926,000 | $ 192,000 | $ 126,000 |
| OKLAHOMA CITY, OK | 10 | $ 1,221,000 | $ 122,000 | $ 103,000 |
| PITTSBURGH, PA | 10 | $ 1,087,000 | $ 108,000 | $ 63,000 |
| ANDERSON, IN | 9 | $ 1,100,000 | $ 122,000 | $ 87,000 |
| CAPE CORAL-FORT MYERS, FL | 9 | $ 2,342,000 | $ 260,000 | $ 144,000 |
| CLEVELAND-ELYRIA-MENTOR, OH | 9 | $ 1,390,000 | $ 154,000 | $ 73,000 |
| FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL | 9 | $ 2,608,000 | $ 289,000 | $ 102,000 |
| MANCHESTER-NASHUA, NH | 9 | $ 2,166,000 | $ 240,000 | $ 89,000 |
| TACOMA, WA | 9 | $ 1,666,000 | $ 185,000 | $ 51,000 |
| TALLAHASSEE, FL | 9 | $ 1,402,000 | $ 155,000 | $ 76,000 |
| WICHITA, KS | 9 | $ 950,000 | $ 105,000 | $ 49,000 |
| DAYTON, OH | 8 | $ 1,017,000 | $ 127,000 | $ 56,000 |
| FRESNO, CA | 8 | $ 2,184,000 | $ 273,000 | $ 135,000 |
| GRAND RAPIDS-WYOMING, MI | 8 | $ 1,159,000 | $ 144,000 | $ 88,000 |
| JACKSONVILLE, FL | 8 | $ 1,064,000 | $ 133,000 | $ 71,000 |
| SALINAS, CA | 8 | $ 2,592,000 | $ 324,000 | $ 195,000 |
| SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA | 8 | $ 2,706,000 | $ 338,000 | $ 131,000 |
| ALBUQUERQUE, NM | 7 | $ 1,632,000 | $ 233,000 | $ 92,000 |
| BIRMINGHAM-HOOVER, AL | 7 | $ 1,132,000 | $ 161,000 | $ 57,000 |
| BOISE CITY-NAMPA, ID | 7 | $ 1,088,000 | $ 155,000 | $ 95,000 |
| CINCINNATI-MIDDLETOWN, OH-KY-IN | 7 | $ 985,000 | $ 143,500 | $ 51,000 |
| GREELEY, CO | 7 | $ 1,065,000 | $ 152,000 | $ 87,000 |
| HARTFORD-WEST HARTFORD-EAST HARTFORD, CT | 7 | $ 1,397,000 | $ 199,000 | $ 58,000 |
| LAKELAND, FL | 7 | $ 1,039,000 | $ 148,000 | $ 52,000 |
| LOUISVILLE-JEFFERSON COUNTY, KY-IN | 7 | $ 963,000 | $ 137,000 | $ 79,000 |
| MEMPHIS, TN-MS-AR | 7 | $ 601,000 | $ 124,500 | $ 50,500 |
| MONROE, MI | 7 | $ 780,000 | $ 111,000 | $ 71,000 |
| OAKLAND-FREMONT-HAYWARD, CA | 7 | $ 2,723,000 | $ 389,000 | $ 146,000 |
| SARASOTA-BRADENTON-VENICE, FL | 7 | $ 1,923,000 | $ 274,000 | $ 117,000 |
| BAKERSFIELD, CA | 6 | $ 1,160,000 | $ 193,000 | $ 85,000 |
| LAFAYETTE, IN | 6 | $ 549,000 | $ 91,000 | $ 40,000 |
| LAKE HAVASU CITY-KINGMAN, AZ | 6 | $ 1,737,000 | $ 289,000 | $ 114,000 |
| MUNCIE, IN | 6 | $ 510,000 | $ 85,000 | $ 48,000 |
| OXNARD-THOUSAND OAKS-VENTURA, CA | 6 | $ 1,990,000 | $ 331,000 | $ 162,000 |
| PANAMA CITY-LYNN HAVEN, FL | 6 | $ 939,000 | $ 156,000 | $ 61,000 |
| PRESCOTT, AZ | 6 | $ 1,626,000 | $ 271,000 | $ 180,000 |
| SOUTH BEND-MISHAWAKA, IN-MI | 6 | $ 730,000 | $ 121,000 | $ 66,000 |
| SPRINGFIELD, MA | 6 | $ 1,450,000 | $ 241,000 | $ 105,000 |
| GRAND JUNCTION, CO | 5 | $ 932,000 | $ 186,000 | $ 70,000 |
| JACKSON, MI | 5 | $ 864,000 | $ 172,000 | $ 122,000 |
| KALAMAZOO-PORTAGE, MI | 5 | $ 812,000 | $ 162,000 | $ 118,000 |
| LAKE COUNTY-KENOSHA COUNTY, IL-WI | 5 | $ 1,020,000 | $ 204,000 | $ 68,000 |
| NEW HAVEN-MILFORD, CT | 5 | $ 1,072,000 | $ 214,000 | $ 139,000 |
| PEORIA, IL | 5 | $ 435,000 | $ 87,000 | $ 65,000 |
| PORT ST. LUCIE, FL | 5 | $ 524,000 | $ 104,000 | $ 85,000 |
| ROCKFORD, IL | 5 | $ 548,000 | $ 109,000 | $ 45,000 |
| SAN JOSE-SUNNYVALE-SANTA CLARA, CA | 5 | $ 1,788,000 | $ 357,000 | $ 126,000 |
| SANTA ROSA-PETALUMA, CA | 5 | $ 1,744,000 | $ 348,000 | $ 175,000 |
| SPRINGFIELD, IL | 5 | $ 479,000 | $ 95,000 | $ 81,000 |
| CORVALLIS, OR | 4 | $ 523,000 | $ 130,000 | $ 115,000 |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL | 4 | $ 579,000 | $ 144,000 | $ 61,000 |
| EVANSVILLE, IN-KY | 4 | $ 365,000 | $ 91,000 | $ 97,000 |
| HUNTSVILLE, AL | 4 | $ 525,000 | $ 131,000 | $ 118,000 |
| KINGSPORT-BRISTOL-BRISTOL, TN-VA | 4 | $ 299,000 | $ 72,500 | $ 70,000 |
| LANCASTER, PA | 4 | $ 388,000 | $ 97,000 | $ 73,000 |
| MCALLEN-EDINBURG-MISSION, TX | 4 | $ 525,000 | $ 131,000 | $ 159,000 |
| PORTLAND-SOUTH PORTLAND-BIDDEFORD, ME | 4 | $ 674,000 | $ 168,000 | $ 41,000 |
| REDDING, CA | 4 | $ 589,000 | $ 147,000 | $ 110,000 |
| ROANOKE, VA | 4 | $ 543,000 | $ 135,000 | $ 73,000 |
| AKRON, OH | 3 | $ 501,000 | $ 167,000 | $ 80,000 |
| ANCHORAGE, AK | 3 | $ 1,147,000 | $ 382,000 | $ 468,000 |
| AUGUSTA-RICHMOND COUNTY, GA-SC | 3 | $ 426,000 | $ 142,000 | $ 92,000 |
| BATON ROUGE, LA | 3 | $ 349,000 | $ 116,000 | $ 41,000 |
| DES MOINES-WEST DES MOINES, IA | 3 | $ 241,000 | $ 80,000 | $ 67,000 |
| DULUTH, MN-WI | 3 | $ 323,000 | $ 107,000 | $ 58,000 |
| EL PASO, TX | 3 | $ 653,000 | $ 217,000 | $ 85,000 |
| FORT WORTH-ARLINGTON, TX | 3 | $ 404,000 | $ 134,000 | $ 49,000 |
| GULFPORT-BILOXI, MS | 3 | $ 309,000 | $ 103,000 | $ 37,000 |
| HARRISBURG-CARLISLE, PA | 3 | $ 386,000 | $ 128,000 | $ 114,000 |
| HOLLAND-GRAND HAVEN, MI | 3 | $ 380,000 | $ 126,000 | $ 30,000 |
| LAS CRUCES, NM | 3 | $ 366,000 | $ 122,000 | $ 67,000 |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR | 3 | $ 311,000 | $ 103,000 | $ 54,000 |
| MODESTO, CA | 3 | $ 605,000 | $ 201,000 | $ 117,000 |
| READING, PA | 3 | $ 537,000 | $ 179,000 | $ 80,000 |
| SHREVEPORT-BOSSIER CITY, LA | 3 | $ 406,000 | $ 135,000 | $ 192,000 |
| STOCKTON, CA | 3 | $ 1,217,000 | $ 405,000 | $ 96,000 |
| YUBA CITY, CA | 3 | $ 367,000 | $ 122,000 | $ 75,000 |
| BELLINGHAM, WA | 2 | $ 372,000 | $ 186,000 | $ 57,000 |
| BLACKSBURG-CHRISTIANSBURG-RADFORD, VA | 2 | $ 379,000 | $ 189,000 | $ 189,000 |
| BLOOMINGTON, IN | 2 | $ 144,000 | $ 72,000 | $ 38,000 |
| BOULDER, CO | 2 | $ 350,000 | $ 175,000 | $ 218,000 |
| BRIDGEPORT-STAMFORD-NORWALK, CT | 2 | $ 404,000 | $ 202,000 | $ 108,000 |
| COLUMBIA, MO | 2 | $ 220,000 | $ 110,000 | $ 67,000 |
| DAVENPORT-MOLINE-ROCK ISLAND, IA-IL | 2 | $ 346,000 | $ 173,000 | $ 73,000 |
| EL CENTRO, CA | 2 | $ 357,000 | $ 178,000 | $ 109,000 |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO | 2 | $ 180,000 | $ 90,000 | $ 56,000 |
| FLAGSTAFF, AZ | 2 | $ 605,000 | $ 302,000 | $ 101,000 |
| GAINESVILLE, FL | 2 | $ 327,000 | $ 163,000 | $ 49,000 |
| GREAT FALLS, MT | 2 | $ 300,000 | $ 150,000 | $ 110,000 |
| KANKAKEE-BRADLEY, IL | 2 | $ 145,000 | $ 72,000 | $ 116,000 |
| KENNEWICK-RICHLAND-PASCO, WA | 2 | $ 197,000 | $ 98,000 | $ 60,000 |
| KNOXVILLE, TN | 2 | $ 296,000 | $ 148,000 | $ 53,000 |
| LA CROSSE, WI-MN | 2 | $ 443,000 | $ 221,000 | $ 140,000 |
| LEBANON, PA | 2 | $ 375,000 | $ 187,000 | $ 117,000 |
| LEWISTON-AUBURN, ME | 2 | $ 170,000 | $ 85,000 | $ 54,000 |
| LONGVIEW, WA | 2 | $ 531,000 | $ 265,000 | $ 80,000 |
| MICHIGAN CITY-LA PORTE, IN | 2 | $ 210,000 | $ 105,000 | $ 28,000 |
| MOBILE, AL | 2 | $ 352,000 | $ 176,000 | $ 76,000 |
| MONTGOMERY, AL | 2 | $ 102,000 | $ 51,000 | $ 96,000 |
| MUSKEGON-NORTON SHORES, MI | 2 | $ 153,000 | $ 76,000 | $ 40,000 |
| NAPLES-MARCO ISLAND, FL | 2 | $ 942,000 | $ 471,000 | $ 150,000 |
| OGDEN-CLEARFIELD, UT | 2 | $ 179,000 | $ 89,000 | $ 47,000 |
| PALM BAY-MELBOURNE-TITUSVILLE, FL | 2 | $ 396,000 | $ 198,000 | $ 74,000 |
| PENSACOLA-FERRY PASS-BRENT, FL | 2 | $ 212,000 | $ 106,000 | $ 156,000 |
| PITTSFIELD, MA | 2 | $ 261,000 | $ 130,000 | $ 17,000 |
| SALEM, OR | 2 | $ 231,000 | $ 115,000 | $ 56,000 |
| SANTA CRUZ-WATSONVILLE, CA | 2 | $ 485,000 | $ 242,000 | $ 0 |
| SANTA FE, NM | 2 | $ 634,000 | $ 317,000 | $ 79,000 |
| ST. JOSEPH, MO-KS | 2 | $ 422,000 | $ 211,000 | $ 98,000 |
| TOLEDO, OH | 2 | $ 221,000 | $ 110,000 | $ 70,000 |
| TULSA, OK | 2 | $ 127,000 | $ 63,000 | $ 78,000 |
| VALLEJO-FAIRFIELD, CA | 2 | $ 271,000 | $ 135,000 | $ 69,000 |
| WENATCHEE, WA | 2 | $ 225,000 | $ 112,000 | $ 61,000 |
| AMES, IA | 1 | $ 196,000 | $ 196,000 | $ 77,000 |
| ANNISTON-OXFORD, AL | 1 | $ 79,000 | $ 79,000 | $ 68,000 |
| BATTLE CREEK, MI | 1 | $ 396,000 | $ 396,000 | $ 78,000 |
| BLOOMINGTON-NORMAL, IL | 1 | $ 59,000 | $ 59,000 | $ 22,000 |
| BREMERTON-SILVERDALE, WA | 1 | $ 272,000 | $ 272,000 | $ 62,000 |
| BROWNSVILLE-HARLINGEN, TX | 1 | $ 77,000 | $ 77,000 | $ 40,000 |
| CEDAR RAPIDS, IA | 1 | $ 89,000 | $ 89,000 | $ 25,000 |
| CHARLESTON-NORTH CHARLESTON, SC | 1 | $ 147,000 | $ 147,000 | $ 81,000 |
| COEUR D'ALENE, ID | 1 | $ 170,000 | $ 170,000 | $ 77,000 |
| COLLEGE STATION-BRYAN, TX | 1 | $ 41,000 | $ 41,000 | $ 116,000 |
| COLUMBIA, SC | 1 | $ 137,000 | $ 137,000 | $ 39,000 |
| COLUMBUS, IN | 1 | $ 118,000 | $ 118,000 | $ 45,000 |
| DOTHAN, AL | 1 | $ 113,000 | $ 113,000 | $ 44,000 |
| DUBUQUE, IA | 1 | $ 150,000 | $ 150,000 | $ 73,000 |
| EAU CLAIRE, WI | 1 | $ 89,000 | $ 89,000 | $ 40,000 |
| ERIE, PA | 1 | $ 121,000 | $ 121,000 | $ 103,000 |
| EUGENE-SPRINGFIELD, OR | 1 | $ 172,000 | $ 172,000 | $ 68,000 |
| FARMINGTON, NM | 1 | $ 592,000 | $ 592,000 | $ 405,000 |
| FLORENCE, SC | 1 | $ 37,000 | $ 37,000 | $ 1,140,000 |
| FORT SMITH, AR-OK | 1 | $ 44,000 | $ 44,000 | $ 11,000 |
| FORT WALTON BEACH-CRESTVIEW-DESTIN, FL | 1 | $ 200,000 | $ 200,000 | $ 72,000 |
| GAINESVILLE, GA | 1 | $ 168,000 | $ 168,000 | $ 35,000 |
| GREEN BAY, WI | 1 | $ 119,000 | $ 119,000 | $ 55,000 |
| HARRISONBURG, VA | 1 | $ 83,000 | $ 83,000 | $ 28,000 |
| HOUMA-BAYOU CANE-THIBODAUX, LA | 1 | $ 200,000 | $ 200,000 | $ 72,000 |
| HUNTINGTON-ASHLAND, WV-KY-OH | 1 | $ 157,000 | $ 157,000 | $ 75,000 |
| JEFFERSON CITY, MO | 1 | $ 94,000 | $ 94,000 | $ 71,000 |
| JOPLIN, MO | 1 | $ 35,000 | $ 35,000 | $ 45,000 |
| KILLEEN-TEMPLE-FORT HOOD, TX | 1 | $ 116,000 | $ 116,000 | $ 53,000 |
| KOKOMO, IN | 1 | $ 83,000 | $ 83,000 | $ 0 |
| LAFAYETTE, LA | 1 | $ 160,000 | $ 160,000 | $ 92,000 |
| LONGVIEW, TX | 1 | $ 155,000 | $ 155,000 | $ 63,000 |
| MADERA, CA | 1 | $ 400,000 | $ 400,000 | $ 253,000 |
| MADISON, WI | 1 | $ 249,000 | $ 249,000 | $ 111,000 |
| MERCED, CA | 1 | $ 255,000 | $ 255,000 | $ 51,000 |
| MONROE, LA | 1 | $ 140,000 | $ 140,000 | $ 51,000 |
| NEW YORK-WHITE PLAINS-WAYNE, NY-NJ | 1 | $ 488,000 | $ 488,000 | $ 195,000 |
| OCALA, FL | 1 | $ 314,000 | $ 314,000 | $ 165,000 |
| OLYMPIA, WA | 1 | $ 239,000 | $ 239,000 | $ 57,000 |
| PALM COAST, FL | 1 | $ 120,000 | $ 120,000 | $ 0 |
| PARKERSBURG-MARIETTA-VIENNA, WV-OH | 1 | $ 90,000 | $ 90,000 | $ 46,000 |
| PROVO-OREM, UT | 1 | $ 170,000 | $ 170,000 | $ 81,000 |
| PUNTA GORDA, FL | 1 | $ 76,000 | $ 76,000 | $ 20,000 |
| SALT LAKE CITY, UT | 1 | $ 144,000 | $ 144,000 | $ 50,000 |
| SAN LUIS OBISPO-PASO ROBLES, CA | 1 | $ 429,000 | $ 429,000 | $ 126,000 |
| SPOKANE, WA | 1 | $ 160,000 | $ 160,000 | $ 65,000 |
| SPRINGFIELD, MO | 1 | $ 118,000 | $ 118,000 | $ 0 |
| SPRINGFIELD, OH | 1 | $ 133,000 | $ 133,000 | $ 134,000 |
| TOPEKA, KS | 1 | $ 140,000 | $ 140,000 | $ 67,000 |
| WACO, TX | 1 | $ 101,000 | $ 101,000 | $ 46,000 |
| WARNER ROBINS, GA | 1 | $ 104,000 | $ 104,000 | $ 40,000 |
| WATERLOO-CEDAR FALLS, IA | 1 | $ 113,000 | $ 113,000 | $ 51,000 |
| WHEELING, WV-OH | 1 | $ 152,000 | $ 152,000 | $ 54,000 |
| YOUNGSTOWN-WARREN-BOARDMAN, OH-PA | 1 | $ 66,000 | $ 66,000 | $ 42,000 |
Mortgage Loan Application Detail Totals for Sallie Mae Home Loans in 2007
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 | 2,335 | $407,441,000 | $174,000 | $1,470,000 | $89,000 | $1,140,000 |
| Refinancing | 1,526 | $307,858,000 | $201,000 | $1,890,000 | $96,000 | $1,500,000 |
| Home Improvement | 1 | $36,000 | $36,000 | $36,000 | $76,000 | $76,000 |
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 |
|---|---|---|---|---|---|---|
| White | 2,622 | $485,118,000 | $185,000 | $1,890,000 | $95,000 | $1,500,000 |
| Not Provided | 600 | $113,650,000 | $189,000 | $1,352,000 | $86,000 | $1,140,000 |
| Black or African American | 355 | $60,134,000 | $169,000 | $757,000 | $74,000 | $504,000 |
| Hispanic | 191 | $35,810,000 | $187,000 | $800,000 | $83,000 | $360,000 |
| Asian | 69 | $15,373,000 | $222,000 | $800,000 | $122,000 | $660,000 |
| Native Hawaiian or Other Pacific Islander | 17 | $4,069,000 | $239,000 | $613,000 | $83,000 | $156,000 |
| American Indian or Alaskan Native | 8 | $1,181,000 | $147,000 | $319,000 | $76,000 | $110,000 |
| 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 |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 3,468 | $651,642,000 | $187,000 | $1,890,000 | $95,000 | $1,500,000 |
| FHA-insured (Federal Housing Administration) | 312 | $48,188,000 | $154,000 | $366,000 | $60,000 | $279,000 |
| VA-guaranteed (Veterans Administration) | 82 | $15,505,000 | $189,000 | $613,000 | $66,000 | $166,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 Originated | 2,267 | $435,812,000 | $192,000 | $1,375,000 | $96,000 | $1,217,000 |
| Application Approved But Not Accepted | 864 | $147,612,000 | $170,000 | $1,200,000 | $84,000 | $660,000 |
| Application Denied By Financial Institution | 621 | $112,209,000 | $180,000 | $1,890,000 | $87,000 | $1,500,000 |
| Application Withdrawn By Applicant | 105 | $19,241,000 | $183,000 | $1,470,000 | $83,000 | $1,140,000 |
| File Closed For Incompleteness | 5 | $461,000 | $92,000 | $152,000 | $72,000 | $146,000 |
| 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 |
|---|---|---|---|---|---|---|
| Collateral | 97 | $14,279,000 | $147,000 | $400,000 | $115,000 | $1,125,000 |
| Credit History | 62 | $9,963,000 | $160,000 | $392,000 | $68,000 | $279,000 |
| Debt-To-Income Ratio | 53 | $9,128,000 | $172,000 | $699,000 | $63,000 | $144,000 |
| Other | 25 | $5,079,000 | $203,000 | $720,000 | $93,000 | $474,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $1,068,000 | $178,000 | $299,000 | $81,000 | $181,000 |
| Employment History | 5 | $752,000 | $150,000 | $200,000 | $48,000 | $71,000 |
| Unverifiable Information | 4 | $848,000 | $212,000 | $280,000 | $72,000 | $120,000 |
| 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 Sallie Mae Home Loans's 2007 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 Sallie Mae Home Loans'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 Michigan, download the full spreadsheet
with aggregated HMDA statistics today.