Marion County, IA Mortgage Lenders & HMDA Data, 2019

In 2019, lenders reported 1,397 mortgage applications in Marion County, IA totaling $213.0 million, up 27% from 2018. The average application was for $152,000, and applicants reported an average income of $89,000. 62% of applications resulted in an originated loan and 13% were denied. The most active lender was Iowa Bankers Mortgage Corporation, with 202 applications, followed by Wells Fargo Bank NA and Community 1st Credit Union.

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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 1,397
Total Mortgage Loan Application Amount $213,035,000
Average Mortgage Loan Application Amount $152,000
Highest Mortgage Loan Application Amount $1,455,000
Average Applicant Income $89,000
Highest Applicant Income $741,000

Mortgage Company List for Lending in Marion County, IA for 2019

* 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
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 202 $ 40,720,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,689,351,000,000 139 $ 16,545,000
Community 1st Credit Union
1030 SIERRA DR NE
OTTUMWA, IA 52501
* $ 650,228,000 98 $ 7,900,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 459,476,604,000 72 $ 9,590,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 50 $ 10,440,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 4,145,422,000 45 $ 4,185,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 3,284,241,000 42 $ 6,520,000
Leighton State Bank
900 WASHINGTON ST
PELLA, IA 50219
* $ 184,575,000 37 $ 3,685,000
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ 5,377,351,000 33 $ 4,225,000
Great Southern Bank
218 S GLENSTONE AVE
SPRINGFIELD, MO 65802
* $ 4,679,144,000 29 $ 2,595,000
Peoples Savings Bank
400 E IOWA AVE
INDIANOLA, IA 50125
* $ 288,802,000 24 $ 3,390,000
Washington State Bank
121 S MARION AVE
WASHINGTON, IA 52353
* $ 317,889,000 23 $ 2,705,000
Bank Iowa
1150 JORDAN CREEK PARKWAY
WEST DES MOINES, IA 50266
* $ 1,273,574,000 21 $ 4,295,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 19 $ 2,085,000
West Gate Bank
6003 OLD CHENEY ROAD
LINCOLN, NE 68516
* $ 611,001,000 19 $ 3,175,000
Lincoln Savings Bank
301 WASHINGTON ST
REINBECK, IA 50669
* $ 1,251,526,000 19 $ 3,755,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 17 $ 715,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 17 $ 2,415,000
Homeservices Lending LLC
2900 100TH STREET SUITE 109
URBANDALE, IA 50322
* $ -1,000 17 $ 2,865,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 15 $ 3,375,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 15 $ 2,715,000
Collins Community Credit Union
1150 42ND STREET NE
CEDAR RAPIDS, IA 52402
* $ 1,315,218,000 14 $ 1,690,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 12 $ 2,220,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 12 $ 2,370,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 12 $ 2,020,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 11 $ 1,885,000
Great Western Bank
225 S MAIN AVE
SIOUX FALLS, SD 57104
* $ 12,568,651,000 10 $ 1,050,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 8 $ 1,500,000
Luana Savings Bank
100 HARVEST DRIVE
LUANA, IA 52156
* $ 1,185,477,000 8 $ 1,500,000
Suntrust Banks, Inc.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 209,720,480,000 8 $ 1,990,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 8 $ 1,380,000
Community Choice Credit Union
1351 NW 114TH ST, P.O. BOX 71247
JOHNSTON, IA 50131
* $ 506,692,000 7 $ 635,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 7 $ 195,000
Chickasaw Community Bank
909 S MERIDIAN AVE
OKLAHOMA CITY, OK 73142
* $ 192,527,000 7 $ 835,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 7 $ 565,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 7 $ 1,315,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,218,960,000,000 7 $ 2,155,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,933,790,000 6 $ 480,000
Gershman Investment Corp.
16253 SWINGLEY RIDGE ROAD, SUITE 400
CHESTERFIELD, MO 63017
* $ -1,000 6 $ 1,040,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 5 $ 775,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,135,647,000 5 $ 815,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 81,602,818,000 5 $ 1,355,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 5 $ 885,000
Greater Iowa Credit Union
801 LINCOLN WAY
AMES, IA 50010
* $ 456,628,000 4 $ 560,000
Premier Credit Union
800 9TH ST
DES MOINES, IA 50309
* $ 199,449,000 4 $ 330,000
Universal Lending Corporation
6430 S FIDDLERS GREEN CIR STE 460
GREENWOOD VILLAGE, CO 80111
* $ -1,000 4 $ 540,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 87,268,647,000 4 $ 480,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,766,499,000 4 $ 810,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 4 $ 210,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 96,962,446,000 4 $ 900,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,039,284,000 4 $ 720,000
Community State Bank
817 N ANKENY BLVD
ANKENY, IA 50023
* $ 786,087,000 4 $ 700,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 1,279,654,000 4 $ 810,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 4 $ 900,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 4 $ 630,000
Marine Credit Union
811 MONITOR STREET
LA CROSSE, WI 54601
* $ 753,826,000 4 $ 280,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 219,071,000,000 4 $ 750,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,782,639,000,000 4 $ 650,000
Central Bank
600 LAKE AVENUE
STORM LAKE, IA 50588
* $ 870,984,000 3 $ 605,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 3 $ 505,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 3 $ 735,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 3 $ 335,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 3 $ 515,000
Bankers Trust Company
453 7TH ST.
DES MOINES, IA 50309
* $ 4,512,819,000 3 $ 195,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 3 $ 745,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 3 $ 595,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 3 $ 745,000
Midwest Heritage Bank FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ 272,118,000 3 $ 285,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 3 $ 855,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 36,899,806,000 3 $ 305,000
Citibank, NA

NEW YORK, NY 10012
* $ 826,876,000,000 3 $ 215,000
Bankunited, National Association
7815 NW 148TH STREET
MIAMI LAKES, FL 33016
* $ 32,077,582,000 3 $ 205,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 3 $ 735,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 395,677,000 3 $ 985,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 129,426,633,000 3 $ 615,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ 9,796,674,000 2 $ 350,000
Compass Mortgage, Inc.
27755 DIEHL ROAD, STE 100
WARRENVILLE, IL 60555
* $ -1,000 2 $ 270,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 4,426,972,000 2 $ 170,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ -1,000 2 $ 480,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 2 $ 1,030,000
Inlanta Mortgage, Inc.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ -1,000 2 $ 520,000
Financial Plus Credit Union
1831 25TH STREET
WEST DES MOINES, IA 50266
* $ 171,161,000 2 $ 320,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 2 $ 310,000
UMB Bank NA
1010 GRAND BLVD
KANSAS CITY, MO 64106
* $ 23,137,750,000 2 $ 280,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 2 $ 340,000
United Fidelity Funding Corp.
1300 NW BRIARCLIFF PKWY SUITE 275
JEFFERSON CITY, MO 64150
* $ -1,000 2 $ 380,000
First National Bank Ames Iowa
405 5TH ST
AMES, IA 50010
* $ 841,750,000 2 $ 1,020,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 2 $ 560,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 2 $ 590,000
Oxford Bank & Trust
1111 W. 22ND STREET #800
OAK BROOK, IL 60523
* $ 560,757,000 2 $ 50,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 2 $ 240,000
State Savings Bank
4800 MILLS CIVIC PKWY., STE. 100
WEST DES MOINES, IA 50265
* $ 140,013,000 2 $ 100,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 2 $ 670,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 2 $ 330,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ -1,000 2 $ 480,000
Freedom Financial Bank
1255 JORDAN CREEK PKWY
WEST DES MOINES, IA 50266
* $ 195,867,000 2 $ 270,000
Journey Credit Union
1400 2ND AVE
DES MOINES, IA 50314
* $ 58,950,000 2 $ 70,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 2 $ 300,000
Two Rivers Bank & Trust
222 N. MAIN ST
BURLINGTON, IA 52601
* $ 829,928,000 2 $ 220,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 65,000
Great Plains National Bank
5909 NW EXPRESSWAY
ELK CITY, OK 73644
* $ 769,862,000 1 $ 145,000
First Federal Bank of Kansas City
6900 EXECUTIVE DR
KANSAS CITY, MO 64120
* $ 820,261,000 1 $ 125,000
Availa Bank
126 W 6TH ST
CARROLL, IA 51401
* $ 895,039,000 1 $ 225,000
Midland Credit Union
2891-106TH STREET
URBANDALE, IA 50322
* $ 53,209,000 1 $ 155,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 1 $ 145,000
New Market Bank
101 OLD TOWN RD
ELKO NEW MARKET, MN 55054
* $ 112,702,000 1 $ 175,000
Earlham Savings Bank
7300 LAKE DRIVE
WEST DES MOINES, IA 50266
* $ 296,678,000 1 $ 115,000
Des Moines Metro Credit Union
100 UNIVERSITY AVENUE
DES MOINES, IA 50314
* $ 55,701,000 1 $ 25,000
Serve Credit Union
423 E COURT AVE
DES MOINES, IA 50309
* $ 69,276,000 1 $ 145,000
Ruhl Mortgage LLC
1701 52ND AVENUE
MOLINE, IL 61265
* $ -1,000 1 $ 195,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ -1,000 1 $ 35,000
American State Bank
525 N MAIN AVE, PO BOX 140
SIOUX CENTER, IA 51250
* $ 932,853,000 1 $ 175,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 124,716,588,000 1 $ 125,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 5,065,189,000 1 $ 245,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 105,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ -1,000 1 $ 185,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 144,453,358,000 1 $ 275,000
Fortress Bank
9000 N. KNOXVILLE AVENUE
PEORIA, IL 61615
* $ 429,797,000 1 $ 135,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 1 $ 95,000
Keystone Savings Bank
81 MAIN STREET, PO BOX 367
KEYSTONE, IA 52249
* $ 141,752,000 1 $ 285,000
Frontier Financial, Inc. dba Frontier Mortgage
16647 CHESTERFIELD GROVE ROAD, SUITE 100
CHESTERFIELD, MO 63005
* $ -1,000 1 $ 115,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ 1,071,570,000 1 $ 185,000
Sunflower Bank, N.A.
3025 CORTLAND CIRCLE - PO BOX 800
DALLAS, TX 75225
* $ 3,855,606,000 1 $ 285,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 5,133,339,000 1 $ 165,000
Contract Exchange Corporation
425 2ND ST SE #370
CEDAR RAPIDS, IA 52401
* $ -1,000 1 $ 85,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 1 $ 205,000
Northwest Bank
705 GRAND AVE.
SPENCER, IA 51301
* $ 1,606,623,000 1 $ 105,000
South Story Bank & Trust
501 LINN ST
SLATER, IA 50244
* $ 200,517,000 1 $ 195,000
First Class Community Credit Union
2051 WESTOWN PARKWAY
WEST DES MOINES, IA 50265
* $ 76,789,000 1 $ 15,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,636,147,000 1 $ 85,000
Bankwest, Inc.
420 S. PIERRE STREET, PO BOX 998
PIERRE, SD 57501
* $ 1,050,339,000 1 $ 45,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ -1,000 1 $ 45,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 125,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 1 $ 45,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 1 $ 205,000
Horizon Bank
10841 N 142ND STREET
WAVERLY, NE 68462
* $ 298,219,000 1 $ 1,445,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 304,657,685,000 1 $ 1,265,000
N.W. Iowa Credit Union
1411 INDUSTRIAL RD SW
LEMARS, IA 51031
* $ 50,127,000 1 $ 135,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 28,246,367,000 1 $ 175,000
Peoples Bank
12701 UNIVERSITY AVE
CLIVE, IA 50325
* $ 332,872,000 1 $ 485,000
First Nebraska Bank
330 N. SPRUCE STREET, PO BOX 315
VALLEY, NE 68064
* $ 282,419,000 1 $ 345,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 17,230,779,000 1 $ 105,000
I H Mississippi Valley Credit Union
2121 47TH STREET
MOLINE, IL 61265
* $ 1,339,242,000 1 $ 65,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 14,205,430,000 1 $ 55,000
Farmers State Bank
1240 8TH AVE
MARION, IA 52302
* $ 796,065,000 1 $ 55,000
Santander Bank, N.A.
824 NORTH MARKET STREET, SUITE 100
WILMINGTON, DE 19801
* $ 77,243,612,000 1 $ 25,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ -1,000 1 $ 125,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 312,093,000 1 $ 145,000
Flagstar Bank NA

TROY, MI 49098
* $ 18,466,868,000 1 $ 75,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 302,006,000 1 $ 15,000

The tables below break down 2019 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 2019

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 653 $111,185,000 $170,000 $1,455,000 $85,000 $741,000
Refinancing 294 $50,920,000 $173,000 $705,000 $96,000 $647,000
Cash-out Refinancing 282 $40,500,000 $143,000 $745,000 $95,000 $553,000
Other Purpose 77 $4,515,000 $58,000 $265,000 $79,000 $538,000
Home Improvement 68 $3,800,000 $55,000 $255,000 $87,000 $344,000
Not Applicable 23 $2,115,000 $91,000 $165,000 $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 1,152 $169,000,000 $146,000 $1,455,000 $88,000 $741,000
Not applicable 139 $27,145,000 $195,000 $1,445,000 $99,000 $322,000
Not Provided 74 $12,860,000 $173,000 $535,000 $99,000 $502,000
Asian 11 $1,775,000 $161,000 $325,000 $84,000 $148,000
Hispanic 11 $1,215,000 $110,000 $205,000 $73,000 $128,000
American Indian or Alaskan Native 5 $405,000 $81,000 $215,000 $42,000 $92,000
Black or African American 2 $350,000 $175,000 $195,000 $74,000 $85,000
Native Hawaiian or Other Pacific Islander 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) 1,080 $160,570,000 $148,000 $1,455,000 $94,000 $741,000
FHA-insured (Federal Housing Administration) 140 $20,460,000 $146,000 $325,000 $64,000 $206,000
VA-guaranteed (Veterans Administration) 110 $23,990,000 $218,000 $705,000 $78,000 $297,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 67 $8,015,000 $119,000 $245,000 $51,000 $91,000

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 870 $139,980,000 $160,000 $1,445,000 $94,000 $669,000
Application Denied By Financial Institution 181 $17,965,000 $99,000 $535,000 $63,000 $297,000
Application Withdrawn By Applicant 156 $22,410,000 $143,000 $1,455,000 $86,000 $741,000
Loan Purchased By The Institution 142 $26,000,000 $183,000 $535,000 $106,000 $502,000
File Closed For Incompleteness 24 $3,220,000 $134,000 $315,000 $77,000 $268,000
Application Approved But Not Accepted 22 $3,180,000 $144,000 $395,000 $70,000 $227,000
Preapproval Approved but not Accepted 1 $245,000 $245,000 $245,000 $104,000 $104,000
Preapproval Denied by Financial Institution 1 $35,000 $35,000 $35,000 $179,000 $179,000

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 1,115 $179,985,000 $161,000 $1,265,000 $91,000 $741,000
Debt-To-Income Ratio 138 $18,240,000 $132,000 $1,455,000 $92,000 $647,000
Credit History 54 $4,390,000 $81,000 $285,000 $58,000 $139,000
Collateral 33 $3,765,000 $114,000 $285,000 $79,000 $157,000
Credit Application Incomplete 26 $3,770,000 $145,000 $535,000 $76,000 $297,000
Other 23 $1,875,000 $81,000 $175,000 $62,000 $179,000
Employment History 4 $290,000 $72,000 $95,000 $33,000 $63,000
Insufficient Cash (Downpayment, Closing Cost) 3 $645,000 $215,000 $315,000 $97,000 $129,000
Unverifiable Information 1 $75,000 $75,000 $75,000 $41,000 $41,000
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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