Marquette County, MI Mortgage Lenders & HMDA Data, 2025

In 2025, lenders reported 1,698 mortgage applications in Marquette County, MI totaling $331.8 million, up 10% from 2024. The average application was for $195,000, and applicants reported an average income of $117,000. 60% of applications resulted in an originated loan and 13% were denied. The most active lender was Honor Credit Union, with 228 applications, followed by Range Bank and Incrediblebank.

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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 1,698
Total Mortgage Loan Application Amount $331,780,000
Average Mortgage Loan Application Amount $195,000
Highest Mortgage Loan Application Amount $4,005,000
Average Applicant Income $117,000
Highest Applicant Income $6,210,000

Mortgage Company List for Lending in Marquette County, MI 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
Honor Credit Union
EDGEWOOD RD
BERRIEN SPRINGS, MI 49103
* $ n/a 228 $ 31,320,000
Range Bank
100 N FRONT ST
MARQUETTE, MI 49855
* $ n/a 168 $ 33,320,000
Incrediblebank
327 N 17TH AVE
WAUSAU, WI 54401
* $ n/a 149 $ 40,615,000
Nicolet National Bank
111 N WASHINGTON ST
GREEN BAY, WI 54301
* $ n/a 126 $ 29,010,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ n/a 64 $ 12,190,000
Flagstar Bank NA

TROY, MI 49098
* $ n/a 57 $ 10,305,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 47 $ 11,785,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 44 $ 10,270,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 31 $ 8,405,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 31 $ 4,435,000
Legacy Mortgage
1537 E HILL RD SUITE 100
GRAND BLANC, MI 48439
* $ n/a 22 $ 4,740,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 21 $ 3,785,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 21 $ 4,605,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ n/a 21 $ 1,305,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ n/a 20 $ 3,530,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 19 $ 4,255,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ n/a 18 $ 2,800,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 18 $ 1,420,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ n/a 16 $ 5,040,000
Credit Union One
400 E NINE MILE RD
FERNDALE, MI 48220
* $ n/a 16 $ 1,360,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 15 $ 1,175,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 15 $ 2,205,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ n/a 15 $ 825,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 13 $ 2,845,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 13 $ 1,805,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 13 $ 2,275,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 12 $ 2,110,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 12 $ 3,040,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 11 $ 2,645,000
Tammac Holdings Corporation
480 SWEDESFORD ROAD SUITE 200
WAYNE, PA 19087
* $ n/a 11 $ 485,000
Zippy Loans, LLC
2807 ALLEN ST
DALLAS, TX 75204
* $ n/a 11 $ 565,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 10 $ 850,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 10 $ 1,420,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ n/a 9 $ 2,415,000
Msu Federal Credit Union
3777 WEST ROAD
EAST LANSING, MI 48823
* $ n/a 9 $ 1,275,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 8 $ 1,780,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 8 $ 1,030,000
Covantage Credit Union
723 6TH AVE, PO BOX 107
ANTIGO, WI 54409
* $ n/a 8 $ 2,100,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ n/a 7 $ 1,475,000
The Loan Store, Inc

TUCSON, AZ 85718
* $ n/a 7 $ 1,255,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 7 $ 985,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 7 $ 1,965,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 6 $ 780,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 6 $ 670,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 6 $ 1,010,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ n/a 6 $ 1,070,000
Lendage, LLC dba Achieve Loans
1875 S GRANT ST
SAN MATEO, CA 94402
* $ n/a 5 $ 575,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ n/a 5 $ 985,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 5 $ 1,405,000
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ n/a 4 $ 550,000
Dart Bank
368 S. PARK ST.
MASON, MI 48854
* $ n/a 4 $ 1,720,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ n/a 4 $ 980,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 4 $ 1,430,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ n/a 4 $ 590,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 4 $ 440,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ n/a 3 $ 1,055,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ n/a 3 $ 525,000
Summit Credit Union
PO BOX 8046
COTTAGE GROVE, WI 53527
* $ n/a 3 $ 405,000
Dow Credit Union
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ n/a 3 $ 485,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 3 $ 425,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ n/a 3 $ 845,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ n/a 3 $ 925,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ n/a 3 $ 225,000
Mortgage 1 Incorporated
43456 MOUND ROAD
STERLING HEIGHTS, MI 48314
* $ n/a 3 $ 835,000
Loanunited.Com, LLC
3235 SATELLITE BLVD SUITE 314
DULUTH, GA 30096
* $ n/a 3 $ 815,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ n/a 3 $ 1,025,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ n/a 3 $ 705,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 3 $ 385,000
Staunton Financial Inc
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48076
* $ n/a 2 $ 1,380,000
Champions Funding, LLC
365 E GERMANN RD #140
GILBERT, AZ 85297
* $ n/a 2 $ 580,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ n/a 2 $ 140,000
Fourleaf Federal Credit Union
899 SOUTH OYSTER BAY ROAD
BETHPAGE, NY 11714
* $ n/a 2 $ 120,000
Ranlife, Inc.
9272 S. 700 E.
SANDY, UT 84070
* $ n/a 2 $ 420,000
Consumer Real Estate Finance Co dba Society Mortgage
330 SW 2ND ST #111
FORT LAUDERDALE, FL 33312
* $ n/a 2 $ 390,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ n/a 2 $ 260,000
United Federal Credit Union
2807 SOUTH STATE ST
ST. JOSEPH, MI 49085
* $ n/a 2 $ 570,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 2 $ 220,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ n/a 2 $ 920,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ n/a 2 $ 110,000
United Bank of Michigan
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ n/a 2 $ 240,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ n/a 2 $ 230,000
Deephaven Mortgage LLC
3530 TORINGDON WAY #200
CHARLOTTE, NC 28277
* $ n/a 2 $ 640,000
Member Advantage Mortgage
3330 BROADMOOR SE, SUITE B
GRAND RAPIDS, MI 49512
* $ n/a 2 $ 360,000
Tjc Mortgage Inc
1 PERIMETER PARK S, STE 230 S
BIRMINGHAM, AL 35243
* $ n/a 2 $ 210,000
Hall Financial
888 W BIG BEAVER RD, SUITE 800
TROY, MI 48083
* $ n/a 2 $ 730,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ n/a 1 $ 55,000
Filo Mortgage, LLC
555 E NORTH LN #6125
WEST CONSHOHOCKEN, PA 19428
* $ n/a 1 $ 245,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ n/a 1 $ 75,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ n/a 1 $ 315,000
Lake Trust Credit Union
4605 S OLD US HIGHWAY 23
BRIGHTON, MI 48114
* $ n/a 1 $ 45,000
Mercantile Bank
310 LEONARD STREET NORTH WEST
GRAND RAPIDS, MI 49504
* $ n/a 1 $ 55,000
Dfcu Financial
400 TOWN CENTER DRIVE
DEARBORN, MI 48121
* $ n/a 1 $ 615,000
Nexbank
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ n/a 1 $ 95,000
Citadel Servicing Corporation
15707 ROCKFIELD BLVD STE 320
IRVINE, CA 92618
* $ n/a 1 $ 125,000
Neighborhood Mortgage Solutions, LLC
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ n/a 1 $ 155,000
Lafcu
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ n/a 1 $ 305,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ n/a 1 $ 575,000
Sunflower Bank, N.A.
3025 CORTLAND CIRCLE - PO BOX 800
DALLAS, TX 75225
* $ n/a 1 $ 435,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ n/a 1 $ 125,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ n/a 1 $ 325,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 1 $ 155,000
Superior National Bank
235 QUINCY ST
HANCOCK, MI 49930
* $ n/a 1 $ 165,000
Heritage Bank NA
100 SOUTH STREET W
SPICER, MN 56288
* $ n/a 1 $ 395,000
Compass Mortgage, Inc.
27755 DIEHL ROAD, STE 100
WARRENVILLE, IL 60555
* $ n/a 1 $ 245,000
Blaze Credit Union
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ n/a 1 $ 215,000
T2 Financial LLC
480 OLDE WORTHINGTON RD SUITE 300
WESTERVILLE, OH 43082
* $ n/a 1 $ 265,000
Pcm Credit Union
601 WILLARD DRIVE
GREEN BAY, WI 54304
* $ n/a 1 $ 95,000
Nasa Federal Credit Union
500 PRINCE GEORGE'S BLVD.
UPPER MARLBORO, MD 20774
* $ n/a 1 $ 65,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ n/a 1 $ 405,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ n/a 1 $ 175,000
Sturgis Bank & Trust
113-125 E CHICAGO RD
STURGIS, MI 49091
* $ n/a 1 $ 405,000
Stephenson National Bank & Trust
1820 HALL AVE
MARINETTE, WI 54143
* $ n/a 1 $ 195,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ n/a 1 $ 175,000
National Exchange Bank and Trust
130 SOUTH MAIN STREET
FOND DU LAC, WI 54936
* $ n/a 1 $ 165,000
Intercoastal Mortgage, LLC
11911 FREEDOM DRIVE SUITE 500
RESTON, VA 20190
* $ n/a 1 $ 335,000
Clearpath Lending
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ n/a 1 $ 385,000
Vibe Credit Union
1375 N OAKLAND BLVD
NOVI, MI 48377
* $ n/a 1 $ 205,000
Independent Bank
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ n/a 1 $ 265,000
Elements Financial Federal Cre
225 S EAST ST, SUITE 300
INDIANAPOLIS, IN 46202
* $ n/a 1 $ 75,000
Calcon Mutual Mortgage LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ n/a 1 $ 275,000
Ameritrust Mortgage Corporation

FLOWER MOUND, TX 75022
* $ n/a 1 $ 175,000
Fortifi Bank
140 W. HURON ST/PO BOX 310
BERLIN, WI 54923
* $ n/a 1 $ 365,000
Point Mortgage Corp
864 AMENA COURT
CHULA VISTA, CA 91910
* $ n/a 1 $ 205,000
Kellogg Community Credit Union
41 SECOND ST
BATTLE CREEK, MI 49014
* $ n/a 1 $ 255,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ n/a 1 $ 725,000
Community Financial
500 S HARVEY ST
PLYMOUTH, MI 48170
* $ n/a 1 $ 275,000
Hoosier Hills Credit Union
630 LINCOLN AVE
BEDFORD, IN 47421
* $ n/a 1 $ 265,000
Dort Financial Credit Union
9048 HOLLY ROAD
GRAND BLANC, MI 48439
* $ n/a 1 $ 215,000
Pfn Lending Group, Inc.
5016 N PARKWAY CALABASAS
CALABASAS, CA 91302
* $ n/a 1 $ 195,000
Signature Federal Credit Union
12 HERBERT ST.
ALEXANDRIA, VA 22305
* $ n/a 1 $ 125,000
Sage Home Loans Corporation
1423 RED VENTURES DRIVE SUITE 201
FORT MILL, SC 29707
* $ n/a 1 $ 555,000
United Trust Bank
12330 S. HARLEM AVENUE
PALOS HEIGHTS, IL 60463
* $ n/a 1 $ 185,000
Texana Bank
124 E RUSH ST
LINDEN, TX 75563
* $ n/a 1 $ 405,000
Synergy One Lending, Inc.
3131 CAMINO DEL RIO N. SUITE 150
SAN DIEGO, CA 92101
* $ n/a 1 $ 245,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ n/a 1 $ 305,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ n/a 1 $ 575,000
Originpoint, LLC
1800 W LARCHMONT AVE SUITE 305
CHICAGO, IL 60613
* $ n/a 1 $ 495,000
Isabella Bank
139 E. BROADWAY
MT PLEASANT, MI 48858
* $ n/a 1 $ 245,000
Community First Federal Credit
9637 N GREENVILLE RD
LAKEVIEW, MI 48850
* $ n/a 1 $ 195,000
Stride Bank, National Association
324 WEST BROADWAY AVENUE
ENID, OK 73701
* $ n/a 1 $ 345,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ n/a 1 $ 215,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ n/a 1 $ 265,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ n/a 1 $ 75,000
Homepromise Corporation
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ n/a 1 $ 315,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 1 $ 335,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ n/a 1 $ 185,000
Georgia's Own Credit Union
100 PEACHTREE ST NW
100 PEACHTREE ST. NW 2800, GA 30303
* $ n/a 1 $ 105,000
Genisys Credit Union
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ n/a 1 $ 135,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ n/a 1 $ 1,195,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ n/a 1 $ 105,000
Nexera Holding LLC
2200 POWELL STREET SUITE 340
EMERYVILLE, CA 94608
* $ n/a 1 $ 225,000
Horizon Bank
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ n/a 1 $ 275,000

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

Mortgage Loan Application Detail Totals for Marquette County, MI 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 732 $179,270,000 $244,000 $2,855,000 $126,000 $1,950,000
Cash-out Refinancing 359 $60,785,000 $169,000 $1,175,000 $88,000 $473,000
Refinancing 269 $64,295,000 $239,000 $4,005,000 $123,000 $926,000
Other Purpose 173 $13,905,000 $80,000 $405,000 $105,000 $996,000
Home Improvement 163 $13,245,000 $81,000 $305,000 $147,000 $6,210,000
Not Applicable 2 $280,000 $140,000 $225,000 $63,000 $63,000

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 1,297 $239,525,000 $184,000 $1,175,000 $113,000 $1,950,000
Not Provided 204 $42,740,000 $209,000 $1,195,000 $147,000 $6,210,000
Not applicable 134 $37,720,000 $281,000 $4,005,000 $95,000 $182,000
Hispanic 27 $5,455,000 $202,000 $585,000 $123,000 $600,000
American Indian or Alaskan Native 22 $4,140,000 $188,000 $495,000 $89,000 $350,000
Asian 10 $2,080,000 $208,000 $425,000 $106,000 $220,000
Black or African American 3 $95,000 $31,000 $45,000 $49,000 $72,000
Native Hawaiian or Other Pacific Islander 1 $25,000 $25,000 $25,000 $65,000 $65,000

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) 1,344 $245,770,000 $182,000 $4,005,000 $124,000 $6,210,000
VA-guaranteed (Veterans Administration) 192 $55,420,000 $288,000 $845,000 $98,000 $424,000
FHA-insured (Federal Housing Administration) 157 $29,565,000 $188,000 $555,000 $68,000 $336,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 5 $1,025,000 $205,000 $375,000 $98,000 $123,000

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 1,018 $210,200,000 $206,000 $2,855,000 $120,000 $1,764,000
Application Denied By Financial Institution 222 $30,040,000 $135,000 $585,000 $82,000 $996,000
Application Withdrawn By Applicant 202 $45,790,000 $226,000 $4,005,000 $153,000 $6,210,000
Loan Purchased By The Institution 107 $21,985,000 $205,000 $805,000 $98,000 $182,000
Application Approved But Not Accepted 79 $12,305,000 $155,000 $765,000 $109,000 $342,000
File Closed For Incompleteness 67 $10,655,000 $159,000 $555,000 $106,000 $600,000
Preapproval Approved but not Accepted 3 $805,000 $268,000 $355,000 $86,000 $101,000
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 1,310 $268,640,000 $205,000 $4,005,000 $122,000 $6,210,000
Debt-To-Income Ratio 229 $41,915,000 $183,000 $2,855,000 $108,000 $1,317,000
Credit History 57 $5,305,000 $93,000 $405,000 $77,000 $350,000
Collateral 32 $4,930,000 $154,000 $555,000 $98,000 $258,000
Credit Application Incomplete 31 $4,715,000 $152,000 $585,000 $125,000 $996,000
Other 20 $3,780,000 $189,000 $505,000 $102,000 $450,000
Unverifiable Information 7 $1,055,000 $150,000 $375,000 $93,000 $159,000
Employment History 6 $790,000 $131,000 $225,000 $62,000 $192,000
Insufficient Cash (Downpayment, Closing Cost) 6 $650,000 $108,000 $175,000 $52,000 $81,000
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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