Dundee Bank Mortgage Lending & HMDA Data, 2022

In 2022, Dundee Bank of Omaha, NE reported 591 mortgage applications totaling $159.7 million, down 46% from 2021. The average application was for $270,143, and applicants reported an average income of $130,685. 84% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Omaha-Council Bluffs, NE-IA (546), Lincoln, NE (4) and Kansas City, MO-KS (3) (applications in parentheses).

Mortgage Company & Address Dundee Bank
5015 Underwood Ave
Omaha, NE 68132
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  
Total Number of Mortgage Applications 591
Total Mortgage Loan Application Amount $159,655,000
Average Mortgage Loan Application Amount $270,143
Highest Mortgage Loan Application Amount $4,755,000
Average Applicant Income $130,685
Highest Applicant Income $1,012,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Dundee Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Dundee Bank by Metropolitan Area in 2022

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Omaha-Council Bluffs, NE-IA 546 $ 146,890,000 $ 269,029 $ 130,791
Outside any metro area 22 $ 3,560,000 $ 161,818 $ 86,409
Lincoln, NE 4 $ 930,000 $ 232,500 $ 105,000
Kansas City, MO-KS 3 $ 335,000 $ 111,666 $ 56,000
Dallas-Plano-Irving, TX 2 $ 850,000 $ 425,000 $ 221,000
Denver-Aurora-Lakewood, CO 2 $ 720,000 $ 360,000 $ 127,000
Grand Island, NE 2 $ 370,000 $ 185,000 $ 100,000
Phoenix-Mesa-Scottsdale, AZ 2 $ 1,910,000 $ 955,000 $ 688,000
Duluth, MN-WI 1 $ 185,000 $ 185,000 $ 95,000
Houston-The Woodlands-Sugar Land, TX 1 $ 395,000 $ 395,000 $ 111,000
Jonesboro, AR 1 $ 2,005,000 $ 2,005,000 $ 0
Muskegon, MI 1 $ 345,000 $ 345,000 $ 0
New Orleans-Metairie, LA 1 $ 245,000 $ 245,000 $ 219,000
Salem, OR 1 $ 495,000 $ 495,000 $ 108,000
St. Louis, MO-IL 1 $ 245,000 $ 245,000 $ 104,000
Tampa-St. Petersburg-Clearwater, FL 1 $ 175,000 $ 175,000 $ 148,000

Mortgage Loan Application Detail Totals for Dundee Bank in 2022

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 382 $107,710,000 $281,000 $4,755,000 $126,000 $606,000
Refinancing 141 $36,445,000 $258,000 $2,655,000 $132,000 $1,012,000
Cash-out Refinancing 66 $15,340,000 $232,000 $1,725,000 $155,000 $912,000
Home Improvement 1 $95,000 $95,000 $95,000 $0 $0
Other Purpose 1 $65,000 $65,000 $65,000 $0 $0
Not Applicable 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 327 $86,745,000 $265,000 $1,725,000 $136,000 $1,012,000
Not applicable 166 $52,000,000 $313,000 $4,755,000 $0 $0
Not Provided 32 $7,350,000 $229,000 $535,000 $134,000 $321,000
Hispanic 31 $6,035,000 $194,000 $605,000 $92,000 $305,000
Black or African American 25 $4,765,000 $190,000 $645,000 $118,000 $411,000
Asian 6 $1,810,000 $301,000 $545,000 $129,000 $178,000
American Indian or Alaskan Native 2 $580,000 $290,000 $335,000 $136,000 $187,000
Native Hawaiian or Other Pacific Islander 2 $370,000 $185,000 $185,000 $64,000 $66,000

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) 532 $146,270,000 $274,000 $4,755,000 $140,000 $1,012,000
FHA-insured (Federal Housing Administration) 59 $13,385,000 $226,000 $425,000 $82,000 $221,000
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 Originated 495 $136,165,000 $275,000 $4,755,000 $131,000 $1,012,000
Application Withdrawn By Applicant 45 $11,225,000 $249,000 $605,000 $135,000 $847,000
Application Denied By Financial Institution 26 $5,240,000 $201,000 $485,000 $93,000 $269,000
Application Approved But Not Accepted 16 $4,900,000 $306,000 $1,125,000 $139,000 $221,000
File Closed For Incompleteness 9 $2,125,000 $236,000 $545,000 $214,000 $847,000
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
Not applicable 565 $154,415,000 $273,000 $4,755,000 $133,000 $1,012,000
Other 11 $2,005,000 $182,000 $405,000 $106,000 $269,000
Debt-To-Income Ratio 11 $2,415,000 $219,000 $485,000 $83,000 $153,000
Collateral 2 $470,000 $235,000 $315,000 $0 $0
Credit History 2 $350,000 $175,000 $175,000 $50,000 $50,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Unverifiable Information 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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Dundee Bank's 2022 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 Dundee 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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