Scottrade Bank Mortgage Lending & HMDA Data, 2013

In 2013, Scottrade Bank of St. Louis, MO reported 1,568 mortgage applications totaling $1.2 billion, up 1662% from 2012. The average application was for $767,909, and applicants reported an average income of $338,623. 0% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Oakland-Fremont-Hayward, CA (286), Los Angeles-Long Beach-Glendale, CA (177) and San Francisco-San Mateo-Redwood City, CA (153) (applications in parentheses).

Mortgage Company & Address Scottrade Bank
12800 Corporate Hill Drive
St. Louis, MO 63131
Tel #: available with data download
Federal Regulator * available with data download
Years 2015  2014  2013  2012  
Total Number of Mortgage Applications 1,568
Total Mortgage Loan Application Amount $1,204,082,000
Average Mortgage Loan Application Amount $767,909
Highest Mortgage Loan Application Amount $6,954,000
Average Applicant Income $338,623
Highest Applicant Income $4,590,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Scottrade Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Mortgage Loan Application Totals for Scottrade Bank by County in 2013

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Los Angeles, California 177 $ 144,860,000 $ 818,418 $ 333,000
Contra Costa, California 157 $ 130,578,000 $ 831,707 $ 295,000
Alameda, California 129 $ 106,218,000 $ 823,395 $ 250,000
Orange, California 106 $ 95,150,000 $ 897,641 $ 322,000
Santa Clara, California 98 $ 77,371,000 $ 789,500 $ 274,000
San Francisco, California 73 $ 58,011,000 $ 794,671 $ 322,000
San Diego, California 68 $ 52,998,000 $ 779,382 $ 347,000
King, Washington 57 $ 42,697,000 $ 749,070 $ 304,000
Marin, California 43 $ 34,734,000 $ 807,767 $ 311,000
San Mateo, California 37 $ 30,004,000 $ 810,918 $ 303,000
Fulton, Georgia 24 $ 17,883,000 $ 745,125 $ 534,000
New York, New York 22 $ 20,462,000 $ 930,090 $ 762,000
Monterey, California 19 $ 11,416,000 $ 600,842 $ 293,000
Maricopa, Arizona 18 $ 14,655,000 $ 814,166 $ 345,000
Dallas, Texas 18 $ 12,720,000 $ 706,666 $ 285,000
Cook, Illinois 16 $ 11,011,000 $ 688,187 $ 337,000
Santa Cruz, California 15 $ 10,414,000 $ 694,266 $ 232,000
Sonoma, California 15 $ 10,263,000 $ 684,200 $ 258,000
Middlesex, Massachusetts 15 $ 10,211,000 $ 680,733 $ 357,000
Placer, California 14 $ 8,156,000 $ 582,571 $ 622,000
Riverside, California 14 $ 12,731,000 $ 909,357 $ 146,000
St. Louis, Missouri 14 $ 10,410,000 $ 743,571 $ 402,000
Ventura, California 12 $ 9,753,000 $ 812,750 $ 295,000
Suffolk, Massachusetts 12 $ 4,093,000 $ 341,083 $ 263,000
Norfolk, Massachusetts 11 $ 9,424,000 $ 856,727 $ 404,000
Napa, California 10 $ 8,093,000 $ 809,300 $ 424,000
DeKalb, Georgia 9 $ 4,886,000 $ 542,888 $ 324,000
Harris, Texas 9 $ 6,554,000 $ 728,222 $ 546,000
Arapahoe, Colorado 8 $ 7,013,000 $ 876,625 $ 477,000
Washoe, Nevada 8 $ 7,021,000 $ 877,625 $ 482,000
Multnomah, Oregon 8 $ 3,466,000 $ 433,250 $ 426,000
Boulder, Colorado 7 $ 4,088,000 $ 584,000 $ 271,000
Orleans, Louisiana 7 $ 1,128,000 $ 161,142 $ 70,000
Travis, Texas 7 $ 4,655,000 $ 665,000 $ 408,000
Solano, California 6 $ 2,114,000 $ 352,333 $ 293,000
Denver, Colorado 6 $ 5,349,000 $ 891,500 $ 440,000
Collier, Florida 6 $ 4,535,000 $ 755,833 $ 505,000
Orange, Florida 6 $ 1,566,000 $ 261,000 $ 192,000
Suffolk, New York 6 $ 4,050,000 $ 675,000 $ 469,000
El Dorado, California 5 $ 2,189,000 $ 437,800 $ 174,000
Nevada, California 5 $ 3,127,000 $ 625,400 $ 373,000
Douglas, Colorado 5 $ 4,010,000 $ 802,000 $ 362,000
Broward, Florida 5 $ 1,592,000 $ 318,400 $ 268,000
Miami-Dade, Florida 5 $ 1,328,000 $ 265,600 $ 247,000
DuPage, Illinois 5 $ 4,217,000 $ 843,400 $ 394,000
Lake, Illinois 5 $ 4,616,000 $ 923,200 $ 335,000
Clark, Nevada 5 $ 3,723,000 $ 744,600 $ 340,000
Kings, New York 5 $ 2,789,000 $ 557,800 $ 488,000
Clackamas, Oregon 5 $ 1,827,000 $ 365,400 $ 940,000
Pierce, Washington 5 $ 4,312,000 $ 862,400 $ 510,000
Sacramento, California 4 $ 5,366,000 $ 1,341,500 $ 121,000
Santa Barbara, California 4 $ 4,333,000 $ 1,083,250 $ 511,000
Fairfield, Connecticut 4 $ 4,132,000 $ 1,033,000 $ 638,000
Gwinnett, Georgia 4 $ 4,260,000 $ 1,065,000 $ 415,000
Howard, Maryland 4 $ 2,618,000 $ 654,500 $ 252,000
Montgomery, Maryland 4 $ 3,344,000 $ 836,000 $ 464,000
Douglas, Nevada 4 $ 2,590,000 $ 647,500 $ 327,000
Bexar, Texas 4 $ 2,355,000 $ 588,750 $ 443,000
Fort Bend, Texas 4 $ 1,483,000 $ 370,750 $ 209,000
Salt Lake, Utah 4 $ 3,379,000 $ 844,750 $ 62,000
Fairfax, Virginia 4 $ 2,674,000 $ 668,500 $ 235,000
Snohomish, Washington 4 $ 6,959,000 $ 1,739,750 $ 118,000
Mono, California 3 $ 2,568,000 $ 856,000 $ 811,000
San Bernardino, California 3 $ 3,568,000 $ 1,189,333 $ 156,000
San Luis Obispo, California 3 $ 2,209,000 $ 736,333 $ 242,000
Eagle, Colorado 3 $ 2,583,000 $ 861,000 $ 367,000
Summit, Colorado 3 $ 2,707,000 $ 902,333 $ 627,000
District of Columbia, District Of Columbia 3 $ 2,124,000 $ 708,000 $ 181,000
Palm Beach, Florida 3 $ 2,344,000 $ 781,333 $ 417,000
Greene, Georgia 3 $ 2,387,000 $ 795,666 $ 1,009,000
Essex, Massachusetts 3 $ 1,318,000 $ 439,333 $ 207,000
Union, New Jersey 3 $ 2,646,000 $ 882,000 $ 548,000
Westchester, New York 3 $ 1,290,000 $ 430,000 $ 383,000
Mecklenburg, North Carolina 3 $ 2,711,000 $ 903,666 $ 460,000
Deschutes, Oregon 3 $ 1,125,000 $ 375,000 $ 260,000
Bucks, Pennsylvania 3 $ 1,558,000 $ 519,333 $ 688,000
San Joaquin, California 2 $ 1,514,000 $ 757,000 $ 133,000
Routt, Colorado 2 $ 1,951,000 $ 975,500 $ 407,000
Hernando, Florida 2 $ 337,000 $ 168,500 $ 168,000
Polk, Florida 2 $ 446,000 $ 223,000 $ 179,000
Cobb, Georgia 2 $ 1,354,000 $ 677,000 $ 264,000
Hall, Georgia 2 $ 1,756,000 $ 878,000 $ 444,000
Maui, Hawaii 2 $ 1,099,000 $ 549,500 $ 307,000
Blaine, Idaho 2 $ 2,263,000 $ 1,131,500 $ 328,000
Barnstable, Massachusetts 2 $ 395,000 $ 197,500 $ 150,000
Plymouth, Massachusetts 2 $ 688,000 $ 344,000 $ 522,000
Oakland, Michigan 2 $ 1,322,000 $ 661,000 $ 923,000
Washtenaw, Michigan 2 $ 1,500,000 $ 750,000 $ 421,000
Hennepin, Minnesota 2 $ 958,000 $ 479,000 $ 213,000
Bronx, New York 2 $ 501,000 $ 250,500 $ 95,000
Iredell, North Carolina 2 $ 1,383,000 $ 691,500 $ 375,000
Greenville, South Carolina 2 $ 1,396,000 $ 698,000 $ 400,000
Collin, Texas 2 $ 1,084,000 $ 542,000 $ 180,000
Kendall, Texas 2 $ 1,658,000 $ 829,000 $ 232,000
Montgomery, Texas 2 $ 986,000 $ 493,000 $ 307,000
Utah, Utah 2 $ 1,716,000 $ 858,000 $ 116,000
Arlington, Virginia 2 $ 1,551,000 $ 775,500 $ 184,000
San Juan, Washington 2 $ 1,330,000 $ 665,000 $ 482,000
Inyo, California 1 $ 444,000 $ 444,000 $ 234,000
Kern, California 1 $ 484,000 $ 484,000 $ 411,000
Lake, California 1 $ 540,000 $ 540,000 $ 147,000
Tuolumne, California 1 $ 1,028,000 $ 1,028,000 $ 301,000
Yolo, California 1 $ 488,000 $ 488,000 $ 151,000
Adams, Colorado 1 $ 1,714,000 $ 1,714,000 $ 0
El Paso, Colorado 1 $ 783,000 $ 783,000 $ 251,000
Gunnison, Colorado 1 $ 481,000 $ 481,000 $ 894,000
Jefferson, Colorado 1 $ 595,000 $ 595,000 $ 480,000
Larimer, Colorado 1 $ 543,000 $ 543,000 $ 406,000
Mesa, Colorado 1 $ 680,000 $ 680,000 $ 211,000
San Miguel, Colorado 1 $ 266,000 $ 266,000 $ 162,000
New Haven, Connecticut 1 $ 546,000 $ 546,000 $ 251,000
New Castle, Delaware 1 $ 568,000 $ 568,000 $ 242,000
Osceola, Florida 1 $ 116,000 $ 116,000 $ 178,000
Walton, Florida 1 $ 760,000 $ 760,000 $ 743,000
Columbia, Georgia 1 $ 719,000 $ 719,000 $ 413,000
Fayette, Georgia 1 $ 750,000 $ 750,000 $ 455,000
McDuffie, Georgia 1 $ 127,000 $ 127,000 $ 60,000
Monroe, Georgia 1 $ 619,000 $ 619,000 $ 488,000
Honolulu, Hawaii 1 $ 124,000 $ 124,000 $ 500,000
Bonner, Idaho 1 $ 156,000 $ 156,000 $ 344,000
Kane, Illinois 1 $ 761,000 $ 761,000 $ 540,000
Hamilton, Indiana 1 $ 393,000 $ 393,000 $ 77,000
Monroe, Indiana 1 $ 545,000 $ 545,000 $ 126,000
Johnson, Kansas 1 $ 993,000 $ 993,000 $ 950,000
Sedgwick, Kansas 1 $ 179,000 $ 179,000 $ 88,000
Livingston, Louisiana 1 $ 165,000 $ 165,000 $ 64,000
York, Maine 1 $ 1,189,000 $ 1,189,000 $ 1,800,000
Baltimore, Maryland 1 $ 687,000 $ 687,000 $ 113,000
Baltimore City, Maryland 1 $ 797,000 $ 797,000 $ 334,000
Garrett, Maryland 1 $ 525,000 $ 525,000 $ 335,000
Dukes, Massachusetts 1 $ 4,295,000 $ 4,295,000 $ 1,200,000
Kalamazoo, Michigan 1 $ 499,000 $ 499,000 $ 190,000
Cass, Minnesota 1 $ 459,000 $ 459,000 $ 187,000
Crow Wing, Minnesota 1 $ 424,000 $ 424,000 $ 1,320,000
Douglas, Minnesota 1 $ 493,000 $ 493,000 $ 182,000
Clay, Missouri 1 $ 578,000 $ 578,000 $ 340,000
Jackson, Missouri 1 $ 979,000 $ 979,000 $ 549,000
Platte, Missouri 1 $ 672,000 $ 672,000 $ 250,000
Gallatin, Montana 1 $ 612,000 $ 612,000 $ 279,000
Cape May, New Jersey 1 $ 450,000 $ 450,000 $ 404,000
Hudson, New Jersey 1 $ 201,000 $ 201,000 $ 1,400,000
Mercer, New Jersey 1 $ 147,000 $ 147,000 $ 964,000
Morris, New Jersey 1 $ 691,000 $ 691,000 $ 1,000,000
Santa Fe, New Mexico 1 $ 766,000 $ 766,000 $ 218,000
Nassau, New York 1 $ 233,000 $ 233,000 $ 573,000
Queens, New York 1 $ 227,000 $ 227,000 $ 79,000
Guilford, North Carolina 1 $ 605,000 $ 605,000 $ 300,000
Montgomery, North Carolina 1 $ 990,000 $ 990,000 $ 1,068,000
New Hanover, North Carolina 1 $ 675,000 $ 675,000 $ 650,000
Orange, North Carolina 1 $ 972,000 $ 972,000 $ 600,000
Stanly, North Carolina 1 $ 538,000 $ 538,000 $ 379,000
Union, North Carolina 1 $ 769,000 $ 769,000 $ 314,000
Wilkes, North Carolina 1 $ 736,000 $ 736,000 $ 270,000
Franklin, Ohio 1 $ 173,000 $ 173,000 $ 67,000
Hamilton, Ohio 1 $ 446,000 $ 446,000 $ 240,000
Warren, Ohio 1 $ 1,430,000 $ 1,430,000 $ 1,051,000
Oklahoma, Oklahoma 1 $ 565,000 $ 565,000 $ 445,000
Tillamook, Oregon 1 $ 227,000 $ 227,000 $ 153,000
Cumberland, Pennsylvania 1 $ 483,000 $ 483,000 $ 250,000
Delaware, Pennsylvania 1 $ 669,000 $ 669,000 $ 979,000
Montour, Pennsylvania 1 $ 775,000 $ 775,000 $ 337,000
Philadelphia, Pennsylvania 1 $ 595,000 $ 595,000 $ 615,000
Bristol, Rhode Island 1 $ 877,000 $ 877,000 $ 512,000
Beaufort, South Carolina 1 $ 525,000 $ 525,000 $ 176,000
Lexington, South Carolina 1 $ 614,000 $ 614,000 $ 277,000
Oconee, South Carolina 1 $ 740,000 $ 740,000 $ 510,000
York, South Carolina 1 $ 532,000 $ 532,000 $ 376,000
Davidson, Tennessee 1 $ 982,000 $ 982,000 $ 586,000
Burnet, Texas 1 $ 747,000 $ 747,000 $ 1,979,000
Denton, Texas 1 $ 746,000 $ 746,000 $ 515,000
El Paso, Texas 1 $ 105,000 $ 105,000 $ 85,000
Hays, Texas 1 $ 674,000 $ 674,000 $ 209,000
Johnson, Texas 1 $ 182,000 $ 182,000 $ 55,000
Navarro, Texas 1 $ 614,000 $ 614,000 $ 265,000
Tarrant, Texas 1 $ 454,000 $ 454,000 $ 348,000
Davis, Utah 1 $ 789,000 $ 789,000 $ 0
Windsor, Vermont 1 $ 188,000 $ 188,000 $ 1,300,000
Alexandria, Virginia 1 $ 895,000 $ 895,000 $ 442,000
Falls Church, Virginia 1 $ 689,000 $ 689,000 $ 888,000
James City, Virginia 1 $ 549,000 $ 549,000 $ 317,000
Loudoun, Virginia 1 $ 469,000 $ 469,000 $ 204,000
Louisa, Virginia 1 $ 595,000 $ 595,000 $ 501,000
Virginia Beach, Virginia 1 $ 639,000 $ 639,000 $ 246,000
Clark, Washington 1 $ 964,000 $ 964,000 $ 263,000
Cowlitz, Washington 1 $ 452,000 $ 452,000 $ 565,000
Kitsap, Washington 1 $ 516,000 $ 516,000 $ 526,000
Skagit, Washington 1 $ 564,000 $ 564,000 $ 343,000
Thurston, Washington 1 $ 621,000 $ 621,000 $ 743,000
Kenosha, Wisconsin 1 $ 211,000 $ 211,000 $ 45,000
Pierce, Wisconsin 1 $ 720,000 $ 720,000 $ 250,000

Mortgage Loan Application Detail Totals for Scottrade Bank in 2013

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 916 $693,531,000 $757,000 $6,954,000 $352,000 $4,590,000
Home Purchase 638 $488,067,000 $764,000 $4,664,000 $322,000 $3,387,000
Home Improvement 14 $22,484,000 $1,606,000 $3,857,000 $221,000 $998,000

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 998 $763,608,000 $765,000 $4,499,000 $343,000 $4,321,000
Not Provided 322 $234,653,000 $728,000 $4,295,000 $347,000 $4,590,000
Asian 145 $115,893,000 $799,000 $3,770,000 $316,000 $2,052,000
Hispanic 51 $31,539,000 $618,000 $1,960,000 $267,000 $655,000
Not applicable 28 $42,948,000 $1,533,000 $6,954,000 $302,000 $1,700,000
Black or African American 15 $7,091,000 $472,000 $1,181,000 $208,000 $629,000
Native Hawaiian or Other Pacific Islander 5 $5,350,000 $1,070,000 $1,997,000 $371,000 $721,000
American Indian or Alaskan Native 4 $3,000,000 $750,000 $1,440,000 $861,000 $2,719,000

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) 1,568 $1,204,082,000 $767,000 $6,954,000 $338,000 $4,590,000
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 1,568 $1,204,082,000 $767,000 $6,954,000 $338,000 $4,590,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
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 Scottrade Bank's 2013 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 Scottrade 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.
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