Marion County, IA Mortgage Lenders & HMDA Data, 2025

In 2025, lenders reported 1,095 mortgage applications in Marion County, IA totaling $235.3 million, down 3% from 2024. The average application was for $214,000, and applicants reported an average income of $120,000. 62% of applications resulted in an originated loan and 12% were denied. The most active lender was Community 1st Credit Union, with 90 applications, followed by Iowa Bankers Mortgage Corporation and Greenstate Credit Union.

Looking for lender-specific data?
Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in Iowa.
Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,095
Total Mortgage Loan Application Amount $235,345,000
Average Mortgage Loan Application Amount $214,000
Highest Mortgage Loan Application Amount $14,655,000
Average Applicant Income $120,000
Highest Applicant Income $6,154,000

Mortgage Company List for Lending in Marion County, IA for 2025

* 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
Community 1st Credit Union
1030 SIERRA DR NE
OTTUMWA, IA 52501
* $ n/a 90 $ 8,540,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ n/a 88 $ 22,620,000
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ n/a 46 $ 6,120,000
Washington State Bank
121 S MARION AVE
WASHINGTON, IA 52353
* $ n/a 41 $ 8,415,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ n/a 35 $ 5,065,000
Community Choice Credit Union
1351 NW 114TH ST, P.O. BOX 71247
JOHNSTON, IA 50131
* $ n/a 33 $ 6,855,000
Bank Iowa
1150 JORDAN CREEK PARKWAY
WEST DES MOINES, IA 50266
* $ n/a 31 $ 7,845,000
Leighton State Bank
900 WASHINGTON ST
PELLA, IA 50219
* $ n/a 31 $ 4,575,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 27 $ 7,385,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 26 $ 3,460,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 26 $ 5,860,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 23 $ 5,245,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 22 $ 3,130,000
West Gate Bank
6003 OLD CHENEY ROAD
LINCOLN, NE 68516
* $ n/a 20 $ 3,700,000
Homeservices Lending LLC
2900 100TH STREET SUITE 109
URBANDALE, IA 50322
* $ n/a 19 $ 3,465,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 18 $ 5,040,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ n/a 15 $ 2,965,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 14 $ 1,610,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 14 $ 2,970,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 14 $ 4,620,000
Gershman Investment Corp.
16253 SWINGLEY RIDGE ROAD, SUITE 400
CHESTERFIELD, MO 63017
* $ n/a 13 $ 2,955,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 12 $ 1,060,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ n/a 11 $ 725,000
Peoples Savings Bank
400 E IOWA AVE
INDIANOLA, IA 50125
* $ n/a 11 $ 1,795,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ n/a 10 $ 2,200,000
Northwest Bank
705 GRAND AVE.
SPENCER, IA 51301
* $ n/a 10 $ 2,120,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 10 $ 1,970,000
Premier Credit Union
800 9TH ST
DES MOINES, IA 50309
* $ n/a 9 $ 1,395,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 9 $ 805,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 9 $ 1,185,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ n/a 9 $ 2,175,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 8 $ 1,830,000
Great Southern Bank
218 S GLENSTONE AVE
SPRINGFIELD, MO 65802
* $ n/a 8 $ 980,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ n/a 8 $ 2,300,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ n/a 8 $ 470,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 7 $ 1,115,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 7 $ 2,005,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ n/a 7 $ 1,765,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 7 $ 815,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 7 $ 1,265,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 7 $ 1,545,000
Central Bank
600 LAKE AVENUE
STORM LAKE, IA 50588
* $ n/a 6 $ 15,830,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 6 $ 800,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 6 $ 1,970,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 6 $ 550,000
Marine Credit Union
811 MONITOR STREET
LA CROSSE, WI 54601
* $ n/a 6 $ 940,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ n/a 6 $ 1,970,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ n/a 6 $ 1,670,000
Charter West Bank
201 SOUTH MAIN STREET PO BOX 288
WEST POINT, NE 68788
* $ n/a 6 $ 1,310,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ n/a 5 $ 815,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ n/a 5 $ 1,085,000
Lendage, LLC dba Achieve Loans
1875 S GRANT ST
SAN MATEO, CA 94402
* $ n/a 4 $ 170,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 4 $ 200,000
Greater Iowa Credit Union
801 LINCOLN WAY
AMES, IA 50010
* $ n/a 4 $ 320,000
Compass Mortgage, Inc.
27755 DIEHL ROAD, STE 100
WARRENVILLE, IL 60555
* $ n/a 4 $ 830,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 4 $ 900,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 3 $ 955,000
Stockton Mortgage Corporation
88 C MICHAEL DAVENPORT BLVD.
FRANKFORT, KY 40601
* $ n/a 3 $ 645,000
Mission Loans, LLC

IRVINE, CA 92612
* $ n/a 3 $ 455,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ n/a 3 $ 835,000
Fidelity Bank
302 MAIN ST
SAVANNA, IL 61074
* $ n/a 3 $ 705,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ n/a 3 $ 615,000
Journey Credit Union
1400 2ND AVE
DES MOINES, IA 50314
* $ n/a 3 $ 195,000
Midwest Heritage Bank FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ n/a 3 $ 205,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ n/a 2 $ 180,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ n/a 2 $ 390,000
Residential Mortgage Network, Inc.
2461 10TH STREET SUITE 308
IOWA CITY, IA 52245
* $ n/a 2 $ 310,000
American State Bank
525 N MAIN AVE, PO BOX 140
SIOUX CENTER, IA 51250
* $ n/a 2 $ 920,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 2 $ 420,000
Advantage Credit Union
121 W 3RD ST N
NEWTON, IA 50208
* $ n/a 2 $ 180,000
Flagstar Bank NA

TROY, MI 49098
* $ n/a 2 $ 460,000
Kiavi Funding, Inc.
315 MONTGOMERY STREET 16TH FLOOR
SAN FRANCISCO, CA 94104
* $ n/a 2 $ 350,000
Twin Cedars Bank
402 MERRILL ST
BUSSEY, IA 50044
* $ n/a 2 $ 750,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ n/a 2 $ 470,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ n/a 2 $ 170,000
Ohnward Bank and Trust
332 1ST AVE W
CASCADE, IA 52033
* $ n/a 2 $ 530,000
Cornerstone First Mortgage, LLC
2655 CAMINO DEL RIO N #450
SAN DIEGO, CA 92108
* $ n/a 2 $ 420,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ n/a 2 $ 280,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ n/a 2 $ 110,000
First State Bank
413 EAST ST
LYNNVILLE, IA 50153
* $ n/a 2 $ 260,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ n/a 2 $ 670,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ n/a 2 $ 50,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 2 $ 820,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ n/a 2 $ 600,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 2 $ 460,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ n/a 2 $ 460,000
Trubank
1401 N JEFFERSON WAY
INDIANOLA, IA 50125
* $ n/a 2 $ 100,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 2 $ 600,000
Dupaco Community Credit Union
PO BOX 179
DUBUQUE, IA 52004
* $ n/a 2 $ 510,000
Central State Bank
109 W MAIN ST
STATE CENTER, IA 50247
* $ n/a 2 $ 460,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ n/a 2 $ 870,000
State Savings Bank
4800 MILLS CIVIC PKWY., STE. 100
WEST DES MOINES, IA 50265
* $ n/a 2 $ 200,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ n/a 2 $ 460,000
Lincoln Savings Bank
301 WASHINGTON ST
REINBECK, IA 50669
* $ n/a 2 $ 470,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ n/a 2 $ 640,000
Collins Community Credit Union
1150 42ND STREET NE
CEDAR RAPIDS, IA 52402
* $ n/a 2 $ 610,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 2 $ 80,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ n/a 2 $ 820,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ n/a 2 $ 260,000
Luana Savings Bank
100 HARVEST DRIVE
LUANA, IA 52156
* $ n/a 2 $ 580,000
Two Rivers Bank & Trust
222 N. MAIN ST
BURLINGTON, IA 52601
* $ n/a 1 $ 85,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ n/a 1 $ 635,000
Park Lane Finance Solutionsllc
1228 CEDARS CT STE 201
CHARLOTTESVILLE, VA 22903
* $ n/a 1 $ 45,000
I H Mississippi Valley Credit Union
2121 47TH STREET
MOLINE, IL 61265
* $ n/a 1 $ 65,000
Members1st Community Credit Union
910 S 12TH AVE,PO BOX 777
MARSHALLTOWN, IA 50158
* $ n/a 1 $ 105,000
Endeavor Capital, LLC
14897 CLAYTON ROAD
CHESTERFIELD, MO 63017
* $ n/a 1 $ 195,000
Peoples Bank
12701 UNIVERSITY AVE
CLIVE, IA 50325
* $ n/a 1 $ 95,000
Megastar Finanacial Corp
1080 CHEROKEE STREET
DENVER, CO 80204
* $ n/a 1 $ 105,000
Teachers Federal Credit Union
102 MOTOR PARKWAY
HAUPPAUGE, NY 11788
* $ n/a 1 $ 35,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ n/a 1 $ 205,000
The Anderson Financial Group, Inc.
2421 NORTH ASHLAND AVENUE
CHICAGO, IL 60614
* $ n/a 1 $ 195,000
549300k04zgwyv7ldx511190891
2051 WESTOWN PARKWAY
WEST DES MOINES, IA 50265
* $ n/a 1 $ 195,000
Crystal Lake Bank & Trust Company, N.A.
70 NORTH WILLIAMS STREET
CRYSTAL LAKE, IL 60014
* $ n/a 1 $ 585,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ n/a 1 $ 145,000
Northmarq Capital Finance, L.L.C.

WASHINGTON, DC 20005
* $ n/a 1 $ 9,885,000
The Family Credit Union
1530 W 53RD STREET
DAVENPORT, IA 52806
* $ n/a 1 $ 65,000
First National Bank Ames Iowa
405 5TH ST
AMES, IA 50010
* $ n/a 1 $ 105,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ n/a 1 $ 525,000
Beeline Loans, Inc.
188 VALLEY ST SUITE 225
PROVIDENCE, RI 02909
* $ n/a 1 $ 65,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ n/a 1 $ 235,000
Brighton Bank
7663 HIGHWAY 51 S
BRIGHTON, TN 38011
* $ n/a 1 $ 295,000
First Nebraska Credit Union
10655 BEDFORD AVE
OMAHA, NE 68134
* $ n/a 1 $ 25,000
Luminate Bank
2523 SOUTH WAYZATA BOULEVARD SUITE 100
MINNEAPOLIS, MN 55405
* $ n/a 1 $ 845,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ n/a 1 $ 325,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 1 $ 195,000
Bankers Trust Company
453 7TH ST.
DES MOINES, IA 50309
* $ n/a 1 $ 805,000
First State Bank
24300 LITTLE MACK
ST CLAIR SHORES, MI 48080
* $ n/a 1 $ 455,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ n/a 1 $ 455,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ n/a 1 $ 375,000
Tomo Mortgage LLC
909 THIRD AVENUE 9TH FL
NEW YORK, NY 10018
* $ n/a 1 $ 515,000
Geneva Financial LLC
180 S ARIZONA AVE STE 310
CHANDLER, AZ 85225
* $ n/a 1 $ 345,000
Loanunited.Com, LLC
3235 SATELLITE BLVD SUITE 314
DULUTH, GA 30096
* $ n/a 1 $ 265,000
United Trust Bank
12330 S. HARLEM AVENUE
PALOS HEIGHTS, IL 60463
* $ n/a 1 $ 285,000
Charter Bank
5526 NW 86TH STREET
JOHNSTON, IA 50131
* $ n/a 1 $ 625,000
Amwest Funding Corp
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ n/a 1 $ 565,000
Data Mortgage, Inc

OCALA, FL 34475
* $ n/a 1 $ 255,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ n/a 1 $ 495,000
Financial Plus Credit Union
1831 25TH STREET
WEST DES MOINES, IA 50266
* $ n/a 1 $ 45,000
Farmers & Merchants Savings Bank
PO BOX 588 101 E MAIN ST
MANCHESTER, IA 52057
* $ n/a 1 $ 355,000
Serve Credit Union
423 E COURT AVE
DES MOINES, IA 50309
* $ n/a 1 $ 105,000
Raccoon Valley Bank
1202 SECOND
PERRY, IA 50220
* $ n/a 1 $ 75,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ n/a 1 $ 45,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ n/a 1 $ 105,000
Fortress Bank
9000 N. KNOXVILLE AVENUE
PEORIA, IL 61615
* $ n/a 1 $ 385,000
Frontier Financial, Inc. dba Frontier Mortgage
16647 CHESTERFIELD GROVE ROAD, SUITE 100
CHESTERFIELD, MO 63005
* $ n/a 1 $ 215,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ n/a 1 $ 245,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ n/a 1 $ 155,000
First State Bank of St Charles
2850 WEST CLAY ST
ST CHARLES, MO 63301
* $ n/a 1 $ 75,000

The tables below break down 2025 mortgage applications in Marion County, IA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Marion County, IA in 2025

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 553 $140,365,000 $253,000 $14,655,000 $108,000 $2,359,000
Refinancing 209 $38,855,000 $185,000 $1,065,000 $121,000 $672,000
Cash-out Refinancing 159 $40,145,000 $252,000 $9,885,000 $138,000 $6,154,000
Other Purpose 103 $10,335,000 $100,000 $635,000 $148,000 $3,546,000
Home Improvement 70 $5,440,000 $77,000 $405,000 $124,000 $857,000
Not Applicable 1 $205,000 $205,000 $205,000 $134,000 $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 868 $160,210,000 $184,000 $1,105,000 $121,000 $6,154,000
Not applicable 105 $48,535,000 $462,000 $14,655,000 $140,000 $254,000
Not Provided 81 $18,365,000 $226,000 $805,000 $114,000 $377,000
Hispanic 26 $5,130,000 $197,000 $625,000 $121,000 $589,000
Asian 9 $1,825,000 $202,000 $345,000 $157,000 $377,000
American Indian or Alaskan Native 3 $455,000 $151,000 $295,000 $61,000 $68,000
Black or African American 2 $660,000 $330,000 $385,000 $98,000 $98,000
Native Hawaiian or Other Pacific Islander 1 $165,000 $165,000 $165,000 $135,000 $135,000

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) 850 $175,670,000 $206,000 $14,655,000 $126,000 $6,154,000
FHA-insured (Federal Housing Administration) 141 $30,275,000 $214,000 $455,000 $92,000 $257,000
VA-guaranteed (Veterans Administration) 87 $26,245,000 $301,000 $1,105,000 $111,000 $267,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 17 $3,155,000 $185,000 $285,000 $76,000 $113,000

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 676 $147,220,000 $217,000 $14,655,000 $129,000 $6,154,000
Application Withdrawn By Applicant 146 $37,890,000 $259,000 $9,885,000 $120,000 $2,359,000
Application Denied By Financial Institution 136 $21,230,000 $156,000 $805,000 $81,000 $308,000
Loan Purchased By The Institution 84 $20,640,000 $245,000 $565,000 $114,000 $254,000
File Closed For Incompleteness 35 $5,775,000 $165,000 $805,000 $125,000 $857,000
Application Approved But Not Accepted 17 $2,385,000 $140,000 $315,000 $110,000 $277,000
Preapproval Approved but not Accepted 1 $205,000 $205,000 $205,000 $53,000 $53,000
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 861 $195,785,000 $227,000 $14,655,000 $127,000 $6,154,000
Debt-To-Income Ratio 130 $23,450,000 $180,000 $645,000 $104,000 $589,000
Credit History 42 $4,460,000 $106,000 $505,000 $81,000 $257,000
Collateral 22 $3,850,000 $175,000 $715,000 $90,000 $247,000
Credit Application Incomplete 20 $3,630,000 $181,000 $475,000 $96,000 $250,000
Other 8 $1,870,000 $233,000 $805,000 $88,000 $224,000
Unverifiable Information 5 $465,000 $93,000 $245,000 $110,000 $308,000
Insufficient Cash (Downpayment, Closing Cost) 4 $1,180,000 $295,000 $405,000 $102,000 $182,000
Employment History 3 $655,000 $218,000 $315,000 $26,000 $79,000
Mortgage Insurance Denied 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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