Liberty County, MT Mortgage Lenders & HMDA Data, 2009

In 2009, lenders reported 40 mortgage applications in Liberty County, MT totaling $3.8 million, up 29% from 2008. The average application was for $95,000, and applicants reported an average income of $40,000. 57% of applications resulted in an originated loan and 12% were denied. The most active lender was Wells Fargo Bank, NA, with 11 applications, followed by Stockman Bank of Montana and JPMorgan Chase Bank, NA.

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Total Number of Mortgage Applications 40
Total Mortgage Loan Application Amount $3,833,000
Average Mortgage Loan Application Amount $95,000
Highest Mortgage Loan Application Amount $220,000
Average Applicant Income $40,000
Highest Applicant Income $141,000

Mortgage Company List for Lending in Liberty County, MT for 2009

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Wells Fargo Bank, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 538,958,000,000 11 $ 898,000
Stockman Bank of Montana
700 MAIN STREET
MILES CITY, MT 59301
* $ 1,576,709,000 6 $ 404,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,746,242,000,000 4 $ 463,000
Montana Mortgage Company
PO BOX 1917
KALISPELL, MT 59903
* $ 31,000,000 3 $ 477,000
Agwest Farm Credit, Flca
2001 SOUTH FLINT ROAD
SPOKANE, WA 99224
* $ 4,658,882,000 2 $ 320,000
Universal Lending Corporation
6775 EAST EVANS AVE.
DENVER, CO 80224
* $ 10,000,000 2 $ 238,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 2 $ 88,000
US Bank, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 261,775,591,000 2 $ 267,000
Ally Bank F/K/A/ Gmac Bank
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 32,882,574,000 2 $ 88,000
State Farm Bank
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 16,669,297,000 1 $ 98,000
1st Liberty
6200 3RD AVE N
GREAT FALLS, MT 59401
* $ 117,463,000 1 $ 50,000
Signature Federal Credit Union
12 HERBERT ST.
ALEXANDRIA, VA 22305
* $ 205,409,000 1 $ 205,000
Bank of America, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,471,631,047,000 1 $ 102,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 1 $ 33,000

The tables below break down 2009 mortgage applications in Liberty County, MT by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Liberty County, MT in 2009

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 21 $2,054,000 $97,000 $220,000 $42,000 $140,000
Home Purchase 16 $1,637,000 $102,000 $200,000 $38,000 $141,000
Home Improvement 3 $142,000 $47,000 $76,000 $36,000 $72,000

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 30 $2,999,000 $99,000 $220,000 $48,000 $141,000
Not applicable 5 $209,000 $41,000 $46,000 $0 $0
Not Provided 2 $283,000 $141,000 $205,000 $46,000 $92,000
American Indian or Alaskan Native 2 $204,000 $102,000 $102,000 $19,000 $19,000
Native Hawaiian or Other Pacific Islander 1 $138,000 $138,000 $138,000 $30,000 $30,000
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 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) 20 $1,957,000 $97,000 $220,000 $55,000 $141,000
FHA-insured (Federal Housing Administration) 14 $1,217,000 $86,000 $204,000 $27,000 $104,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 6 $659,000 $109,000 $138,000 $22,000 $36,000
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 23 $2,220,000 $96,000 $220,000 $41,000 $140,000
Loan Purchased By The Institution 9 $669,000 $74,000 $138,000 $8,000 $53,000
Application Denied By Financial Institution 5 $805,000 $161,000 $205,000 $80,000 $141,000
Application Withdrawn By Applicant 3 $139,000 $46,000 $98,000 $66,000 $72,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 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 1 $98,000 $98,000 $98,000 $30,000 $30,000
Employment History 1 $102,000 $102,000 $102,000 $32,000 $32,000
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
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

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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