Marlboro County, SC Mortgage Lenders & HMDA Data, 2015

In 2015, lenders reported 419 mortgage applications in Marlboro County, SC totaling $33.6 million, up 1% from 2014. The average application was for $80,000, and applicants reported an average income of $46,000. 34% of applications resulted in an originated loan and 38% were denied. The most active lender was Vanderbilt Mortgage and Finance, Inc, with 59 applications, followed by Wells Fargo Bank NA and First Ciitizens Bank and Trust.

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Total Number of Mortgage Applications 419
Total Mortgage Loan Application Amount $33,620,000
Average Mortgage Loan Application Amount $80,000
Highest Mortgage Loan Application Amount $750,000
Average Applicant Income $46,000
Highest Applicant Income $610,000
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Top Mortgage Lenders in Marlboro County, SC (2015)

Ranked by the number of mortgage applications each lender reported in Marlboro County, SC in 2015.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Vanderbilt Mortgage and Finance, Inc
Maryville, TN
59 $4,112,000 $69,000 $33,000
2 Wells Fargo Bank NA
Minneapolis, MN
56 $3,533,000 $63,000 $49,000
3 First Ciitizens Bank and Trust
Raleigh, NC
50 $4,339,000 $86,000 $47,000
4 21st Mortgage
Knoxville, TN
45 $2,595,000 $57,000 $37,000
5 loanDepot.com LLC
Irvine, CA
17 $2,029,000 $119,000 $43,000
6 Spc Credit Union
Hartsville, SC
15 $1,482,000 $98,000 $65,000
7 Founders Federal Credit Union
Lancaster, SC
13 $1,008,000 $77,000 $57,000
8 South State Bank
Columbia, SC
9 $698,000 $77,000 $41,000
9 Truist Bank
Raleigh, NC
8 $303,000 $37,000 $48,000
10 Navy Federal Credit Union
Vienna, VA
8 $270,000 $33,000 $58,000

See every lender active in Marlboro County, SC in 2015 »

The tables below break down 2015 mortgage applications in Marlboro County, SC by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Marlboro County, SC in 2015

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 221 $19,225,000 $86,000 $750,000 $43,000 $175,000
Refinancing 140 $13,134,000 $93,000 $404,000 $47,000 $234,000
Home Improvement 58 $1,261,000 $21,000 $170,000 $55,000 $610,000

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 174 $15,384,000 $88,000 $451,000 $50,000 $234,000
Black or African American 171 $12,501,000 $73,000 $750,000 $47,000 $610,000
Not Provided 37 $2,856,000 $77,000 $216,000 $43,000 $131,000
Not applicable 23 $2,106,000 $91,000 $404,000 $6,000 $87,000
American Indian or Alaskan Native 9 $497,000 $55,000 $83,000 $40,000 $74,000
Hispanic 3 $138,000 $46,000 $72,000 $45,000 $55,000
Native Hawaiian or Other Pacific Islander 1 $74,000 $74,000 $74,000 $99,000 $99,000
Asian 1 $64,000 $64,000 $64,000 $64,000 $64,000

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) 305 $21,817,000 $71,000 $750,000 $47,000 $610,000
FHA-insured (Federal Housing Administration) 64 $5,676,000 $88,000 $216,000 $34,000 $92,000
VA-guaranteed (Veterans Administration) 41 $5,422,000 $132,000 $404,000 $57,000 $149,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 9 $705,000 $78,000 $117,000 $36,000 $87,000

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
Application Denied By Financial Institution 158 $12,153,000 $76,000 $750,000 $44,000 $610,000
Loan Originated 144 $12,089,000 $83,000 $451,000 $55,000 $234,000
File Closed For Incompleteness 49 $3,335,000 $68,000 $216,000 $42,000 $136,000
Loan Purchased By The Institution 34 $3,464,000 $101,000 $404,000 $22,000 $99,000
Application Withdrawn By Applicant 25 $2,110,000 $84,000 $139,000 $40,000 $101,000
Application Approved But Not Accepted 9 $469,000 $52,000 $86,000 $47,000 $128,000
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 43 $1,726,000 $40,000 $170,000 $59,000 $610,000
Debt-To-Income Ratio 21 $2,094,000 $99,000 $750,000 $32,000 $70,000
Collateral 10 $1,358,000 $135,000 $417,000 $74,000 $170,000
Other 8 $374,000 $46,000 $158,000 $20,000 $50,000
Unverifiable Information 2 $230,000 $115,000 $140,000 $64,000 $65,000
Credit Application Incomplete 2 $307,000 $153,000 $157,000 $29,000 $59,000
Employment History 2 $164,000 $82,000 $98,000 $38,000 $51,000
Insufficient Cash (Downpayment, Closing Cost) 2 $143,000 $71,000 $75,000 $49,000 $51,000
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.

Download the South Carolina Lender List