Cedar Valley Bank & Trust Mortgage Lending & HMDA Data, 2007
In 2007, Cedar Valley Bank & Trust of La Porte City, IA reported 327 mortgage applications totaling $51.5 million, down 11% from 2006. The average application was for $157,397, and applicants reported an average income of $87,538. 90% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Fort Walton Beach-Crestview-Destin, FL (24), Panama City-Lynn Haven, FL (10) and Dothan, AL (8) (applications in parentheses).
| Mortgage Company & Address | Cedar Valley Bank & Trust 321 Main St La Porte City, IA 50651 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2009 2008 2007 2006 |
| Total Number of Mortgage Applications | 327 |
| Total Mortgage Loan Application Amount | $51,469,000 |
| Average Mortgage Loan Application Amount | $157,397 |
| Highest Mortgage Loan Application Amount | $1,600,000 |
| Average Applicant Income | $87,538 |
| Highest Applicant Income | $1,078,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Cedar Valley Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Holmes, Florida | 97 | $ 7,796,000 | $ 80,371 | $ 48,000 |
| Washington, Florida | 71 | $ 4,178,000 | $ 58,845 | $ 51,000 |
| Jackson, Florida | 57 | $ 6,050,000 | $ 106,140 | $ 61,000 |
| Walton, Florida | 41 | $ 9,926,000 | $ 242,097 | $ 97,000 |
| Okaloosa, Florida | 24 | $ 12,019,000 | $ 500,791 | $ 376,000 |
| Bay, Florida | 10 | $ 2,801,000 | $ 280,100 | $ 140,000 |
| Geneva, Alabama | 5 | $ 407,000 | $ 81,400 | $ 46,000 |
| Gulf, Florida | 4 | $ 3,686,000 | $ 921,500 | $ 44,000 |
| Houston, Alabama | 3 | $ 315,000 | $ 105,000 | $ 62,000 |
| Calhoun, Florida | 3 | $ 609,000 | $ 203,000 | $ 127,000 |
| Autauga, Alabama | 1 | $ 40,000 | $ 40,000 | $ 44,000 |
| Coffee, Alabama | 1 | $ 246,000 | $ 246,000 | $ 0 |
| Henry, Alabama | 1 | $ 216,000 | $ 216,000 | $ 171,000 |
| Jefferson, Alabama | 1 | $ 829,000 | $ 829,000 | $ 600,000 |
| Escambia, Florida | 1 | $ 699,000 | $ 699,000 | $ 0 |
| Liberty, Florida | 1 | $ 40,000 | $ 40,000 | $ 50,000 |
| Orange, Florida | 1 | $ 172,000 | $ 172,000 | $ 43,000 |
| Santa Rosa, Florida | 1 | $ 127,000 | $ 127,000 | $ 45,000 |
| Lafayette, Mississippi | 1 | $ 800,000 | $ 800,000 | $ 468,000 |
| Forsyth, North Carolina | 1 | $ 260,000 | $ 260,000 | $ 62,000 |
| Macon, North Carolina | 1 | $ 101,000 | $ 101,000 | $ 19,000 |
| Wayne, North Carolina | 1 | $ 152,000 | $ 152,000 | $ 88,000 |
Mortgage Loan Application Detail Totals for Cedar Valley Bank & Trust 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 |
|---|---|---|---|---|---|---|
| Refinancing | 155 | $21,692,000 | $139,000 | $1,550,000 | $64,000 | $707,000 |
| Home Purchase | 129 | $27,793,000 | $215,000 | $1,600,000 | $131,000 | $1,078,000 |
| Home Improvement | 43 | $1,984,000 | $46,000 | $483,000 | $42,000 | $134,000 |
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 | 304 | $44,059,000 | $144,000 | $1,600,000 | $92,000 | $1,078,000 |
| Black or African American | 8 | $531,000 | $66,000 | $218,000 | $56,000 | $110,000 |
| Not applicable | 6 | $5,872,000 | $978,000 | $1,550,000 | $0 | $0 |
| Hispanic | 4 | $316,000 | $79,000 | $125,000 | $17,000 | $30,000 |
| Asian | 4 | $688,000 | $172,000 | $417,000 | $82,000 | $250,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $3,000 | $3,000 | $3,000 | $48,000 | $48,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Provided | 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) | 325 | $51,276,000 | $157,000 | $1,600,000 | $88,000 | $1,078,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $66,000 | $66,000 | $66,000 | $30,000 | $30,000 |
| VA-guaranteed (Veterans Administration) | 1 | $127,000 | $127,000 | $127,000 | $45,000 | $45,000 |
| FHA-insured (Federal Housing 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 | 295 | $48,922,000 | $165,000 | $1,600,000 | $93,000 | $1,078,000 |
| Application Denied By Financial Institution | 23 | $1,681,000 | $73,000 | $350,000 | $32,000 | $87,000 |
| Application Withdrawn By Applicant | 9 | $866,000 | $96,000 | $150,000 | $47,000 | $90,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 12 | $891,000 | $74,000 | $350,000 | $31,000 | $87,000 |
| Debt-To-Income Ratio | 8 | $457,000 | $57,000 | $100,000 | $33,000 | $72,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $223,000 | $111,000 | $180,000 | $20,000 | $28,000 |
| Employment History | 1 | $110,000 | $110,000 | $110,000 | $57,000 | $57,000 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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 Cedar Valley Bank & Trust'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 Cedar Valley Bank & Trust'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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About