Loup County, NE Mortgage Lenders & HMDA Data, 2003

In 2003, lenders reported 16 mortgage applications in Loup County, NE totaling $634,000. The average application was for $39,000, and applicants reported an average income of $39,000. 56% of applications resulted in an originated loan and 38% were denied. The most active lender was Union Bank and Trust Company, with 7 applications, followed by US Bank North Dakota and US Bank, N.A..

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Total Number of Mortgage Applications 16
Total Mortgage Loan Application Amount $634,000
Average Mortgage Loan Application Amount $39,000
Highest Mortgage Loan Application Amount $140,000
Average Applicant Income $39,000
Highest Applicant Income $118,000
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Top Mortgage Lenders in Loup County, NE (2003)

Ranked by the number of mortgage applications each lender reported in Loup County, NE in 2003.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Union Bank and Trust Company
Lincoln, NE
7 $133,000 $19,000 $43,000
2 US Bank North Dakota
Milwaukee, WI
3 $112,000 $37,000 $58,000
3 US Bank, N.A.
Milwaukee, WI
1 $63,000 $63,000 $0
4 21st Mortgage
Knoxville, TN
1 $115,000 $115,000 $72,000
5 Citifinancial, Inc.
Baltimore, MD
1 $23,000 $23,000 $18,000
6 Equity One
Rosemont, IL
1 $26,000 $26,000 $17,000
7 Full Spectrum Lending
Pasadena, CA
1 $22,000 $22,000 $33,000
8 Long Beach Mortgage Co.
Albion, NY
1 $140,000 $140,000 $67,000

See every lender active in Loup County, NE in 2003 »

The tables below break down 2003 mortgage applications in Loup County, NE by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Loup County, NE in 2003

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 (home purchase or home improvement, one-to-four family) 9 $398,000 $44,000 $115,000 $34,000 $85,000
Home Purchase (one-to-four family) 5 $215,000 $43,000 $140,000 $64,000 $118,000
Home Improvement (one-to-four family) 2 $21,000 $10,000 $16,000 $24,000 $28,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 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 15 $519,000 $34,000 $140,000 $35,000 $118,000
Information not provided by applicant in mail or telephone application 1 $115,000 $115,000 $115,000 $72,000 $72,000
Not applicable 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian or Pacific Islander 0 $0 $0 $0 $0 $0
Black 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) 16 $634,000 $39,000 $140,000 $39,000 $118,000
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 Originated 9 $219,000 $24,000 $63,000 $29,000 $118,000
Application Denied By Financial Institution 6 $389,000 $64,000 $140,000 $57,000 $85,000
Application Approved But Not Accepted 1 $26,000 $26,000 $26,000 $17,000 $17,000
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Loan Purchased By The 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 5 $367,000 $73,000 $140,000 $65,000 $85,000
Collateral 1 $22,000 $22,000 $22,000 $33,000 $33,000
Credit Application Incomplete 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

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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