Marshall County, IN Mortgage Lenders & HMDA Data, 2023

In 2023, lenders reported 1,605 mortgage applications in Marshall County, IN totaling $239.1 million, down 21% from 2022. The average application was for $148,000, and applicants reported an average income of $101,000. 62% of applications resulted in an originated loan and 17% were denied. The most active lender was First Federal Savings Bank, with 182 applications, followed by 1st Source Bank and Lake City Bank.

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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 1,605
Total Mortgage Loan Application Amount $239,055,000
Average Mortgage Loan Application Amount $148,000
Highest Mortgage Loan Application Amount $3,085,000
Average Applicant Income $101,000
Highest Applicant Income $1,887,000

Mortgage Company List for Lending in Marshall County, IN for 2023

* 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
First Federal Savings Bank
P.O. BOX 527
ROCHESTER, IN 46975
* $ 584,189,000 182 $ 22,220,000
1st Source Bank
P O BOX 1602 SUITE 400
SOUTH BEND, IN 46601
* $ 8,334,906,000 159 $ 18,335,000
Lake City Bank
P.O. BOX 1387
WARSAW, IN 46581
* $ 6,412,535,000 137 $ 15,645,000
Everwise Credit Union
110 S MAIN ST
SOUTH BEND, IN 46601
* $ 4,872,637,000 122 $ 11,540,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 113 $ 19,565,000
Interra Credit Union
300 W LINCOLN AVE
GOSHEN, IN 46527
* $ 1,729,955,000 52 $ 7,180,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 6,722,761,000 40 $ 3,760,000
Hallmark Home Mortgage, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ -1,000 36 $ 5,050,000
Notre Dame Federal Credit Union
P.O. BOX 7878
NOTRE DAME, IN 46556
* $ 1,101,839,000 31 $ 3,795,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 31 $ 5,025,000
First Merchants Bank
200 E. JACKSON ST.
MUNCIE, IN 47305
* $ 17,923,519,000 26 $ 5,950,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 25 $ 5,055,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 24 $ 4,710,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 129,461,046,000 23 $ 2,115,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 20 $ 3,250,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 20 $ 4,190,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 187,590,465,000 18 $ 1,940,000
Beacon Credit Union
586 S WABASH ST
WABASH, IN 46992
* $ 1,501,056,000 17 $ 2,205,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 17 $ 5,065,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 552,307,127,000 16 $ 2,180,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 16 $ 3,540,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 14 $ 2,660,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 13 $ 2,035,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 12 $ 1,080,000
First Farmers Bank & Trust
123 N. JEFFERSON STREET
CONVERSE, IN 46919
* $ 2,738,488,000 12 $ 1,780,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 12 $ 2,260,000
Horizon Bank
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 7,794,340,000 12 $ 1,210,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ -1,000 11 $ 1,105,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 11 $ 2,725,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 182,325,674,000 11 $ 1,045,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 10 $ 1,330,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 10 $ 1,570,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 10 $ 2,160,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 10 $ 2,440,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 9 $ 1,445,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 8 $ 1,110,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 8 $ 400,000
Flagstar Bank NA

TROY, MI 49098
* $ 90,036,656,000 8 $ 1,700,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,717,531,000,000 8 $ 960,000
United Federal Credit Union
2807 SOUTH STATE ST
ST. JOSEPH, MI 49085
* $ 3,908,828,000 7 $ 805,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 7 $ 1,255,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 7 $ 1,755,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 7 $ 825,000
Purdue Federal CU
1551 WIN HENTSCHEL BLVD., PO BOX 2433
WEST LAFAYETTE, IN 47906
* $ 1,813,728,000 6 $ 730,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 206,289,179,000 6 $ 480,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,418,508,000,000 6 $ 1,410,000
Northwest Bank
100 LIBERTY STREET
WARREN, PA 16365
* $ 14,213,677,000 5 $ 445,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 5 $ 1,005,000
Endeavor Capital, LLC
14897 CLAYTON ROAD
CHESTERFIELD, MO 63017
* $ -1,000 5 $ 765,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 5 $ 1,215,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 5 $ 905,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 4 $ 1,040,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 4 $ 730,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 4 $ 330,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 4 $ 860,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 4 $ 990,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 176,980,258,000 4 $ 950,000
Inova Federal Credit Union
358 S ELKHART AVENUE
ELKHART, IN 46516
* $ 666,524,000 4 $ 260,000
The Campbell & Fetter Bank
PO BOX 231
KENDALLVILLE, IN 46755
* $ 359,029,000 3 $ 565,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 3 $ 525,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 3 $ 485,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 3 $ 345,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 110,900,000,000 3 $ 605,000
Data Mortgage, Inc

OCALA, FL 34475
* $ -1,000 3 $ 515,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 46,490,438,000 3 $ 475,000
First Federal Savings Bank
648 NORTH JEFFERSON STREET
HUNTINGTON, IN 46750
* $ 445,408,000 3 $ 2,335,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 3 $ 455,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 3 $ 545,000
Fort Financial Credit Union
3102 SPRING ST
FORT WAYNE, IN 46818
* $ 338,010,000 2 $ 470,000
Clearpath Lending
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ -1,000 2 $ 470,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 2 $ 190,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 2 $ 280,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 600,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 2 $ 490,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 16,117,865,000 2 $ 350,000
Gvc Mortgage, Inc.
ONE PLAZA DRIVE, SUITE 3
SUITE 200, IN 46064
* $ -1,000 2 $ 310,000
Security Federal Savings Bank
314 4TH ST
LOGANSPORT, IN 46947
* $ 358,106,000 2 $ 530,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 2 $ 680,000
Three Rivers Federal Crediit U
1615 NORTHLAND BLVD
FORT WAYNE, IN 46825
* $ 2,236,753,000 2 $ 170,000
Demotte State Bank
PO BOX 400
DEMOTTE, IN 46310
* $ 534,385,000 2 $ 450,000
Geneva Financial LLC
180 S ARIZONA AVE STE 310
CHANDLER, AZ 85225
* $ -1,000 2 $ 130,000
Sage Home Loans Corporation
1423 RED VENTURES DRIVE SUITE 201
FORT MILL, SC 29707
* $ -1,000 2 $ 450,000
Stockton Mortgage Corporation
88 C MICHAEL DAVENPORT BLVD.
FRANKFORT, KY 40601
* $ -1,000 2 $ 210,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ 9,123,708,000 2 $ 450,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 2 $ 490,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 780,976,000 2 $ 480,000
Direct Mortgage Loans, LLC
111011 MCCORMICK RD, SUITE 400
HUNT VALLEY, MD 21031
* $ -1,000 2 $ 330,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 3,601,623,000 2 $ 140,000
Homestar Financial Corporation
332 WASHINGTON STREET, NW
PEACHTREE CORNERS, GA 30501
* $ -1,000 2 $ 2,040,000
Loan Simple, Inc.
9635 MAROON CIRCLE SUITE 100
ENGLEWOOD, CO 80112
* $ -1,000 2 $ 220,000
Western Alliance Bank
2901 N CENTRAL AVENUE
PHOENIX, AZ 85012
* $ 67,683,841,000 1 $ 65,000
V.I.P. Mortgage, Inc.
9221 E VIA DE VENTURA
SCOTTSDALE, AZ 85258
* $ -1,000 1 $ 485,000
Draper and Kramer Mortgage Corp.
1431 OPUS PLACE SUITE 200
WILMINGTON, DE 60515
* $ -1,000 1 $ 135,000
Tech Credit Union
10110 RANDOLPH ST
CROWN POINT, IN 46307
* $ 529,593,000 1 $ 85,000
Regional FCU
7144 KENNEDY AVE
HAMMOND, IN 46323
* $ 180,708,000 1 $ 105,000
Great Lakes Credit Union
2525 GREEN BAY
BANNOCKBURN, IL 60015
* $ 1,346,301,000 1 $ 25,000
Kiavi Funding, Inc.
315 MONTGOMERY STREET 16TH FLOOR
SAN FRANCISCO, CA 94104
* $ -1,000 1 $ 145,000
Jlb Corporation dba Golden Oak Lending
111 WESTPORT PLAZA, #1150
ST. LOUIS, MO 63146
* $ -1,000 1 $ 195,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 379,838,000 1 $ 25,000
Abound Federal Credit Union
3939 S. DIXIE BLVD
RADCLIFF, KY 40160
* $ 2,104,193,000 1 $ 135,000
Mortgage Assurance Inc
333 NORTH POINT CENTER E SUITE 230
ALPHARETTA, GA 30022
* $ -1,000 1 $ 265,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 1 $ 335,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 1 $ 105,000
1st Signature Lending, LLC
9800 CROSSPOINT BLVD.
INDIANAPOLIS, IN 46256
* $ -1,000 1 $ 175,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 125,000
Mid-Continent Funding, Inc.
3401 W BROADWAY BUSINESS PARK CT STE 213
COLUMBIA, MO 65203
* $ -1,000 1 $ 75,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 1 $ 125,000
Bank of Pontiac
300 W WASHINGTON ST
PONTIAC, IL 61764
* $ 987,787,000 1 $ 3,085,000
Everence Federal Credit Union
2160 LINCOLN HWY E, STE 20
LANCASTER, PA 17602
* $ 381,812,000 1 $ 125,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 11,908,096,000 1 $ 185,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ -1,000 1 $ 295,000
Home Bank SB
PO BOX 1677
MARTINSVILLE, IN 46151
* $ 410,444,000 1 $ 405,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 39,358,786,000 1 $ 255,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 450,910,000 1 $ 345,000
Elements Financial Federal Cre
225 S EAST ST, SUITE 300
INDIANAPOLIS, IN 46202
* $ 2,289,589,000 1 $ 225,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ 17,893,084,000 1 $ 95,000
American Portfolio Mortgage Corporation
800 EAST NORTHWEST HIGHWAY
PALATINE, IL 60067
* $ -1,000 1 $ 125,000
Lendage, LLC dba Achieve Loans
1875 S GRANT ST
SAN MATEO, CA 94402
* $ -1,000 1 $ 45,000
Forum Credit Union
P.O. BOX 50738
INDIANAPOLIS, IN 46250
* $ 1,998,152,000 1 $ 35,000
First Financial Bank
255 EAST FIFTH STREET SUITE 900
CINCINNATI, OH 45202
* $ 16,915,645,000 1 $ 245,000
Directions Credit Union
5121 WHITEFORD ROAD
TOLEDO, OH 43604
* $ 1,183,818,000 1 $ 205,000
Nexbank
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ 14,304,653,000 1 $ 185,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 345,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 4,554,611,000 1 $ 145,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 1,054,618,000 1 $ 165,000
Fourleaf Federal Credit Union
899 SOUTH OYSTER BAY ROAD
BETHPAGE, NY 11714
* $ 11,943,023,000 1 $ 85,000
Old Second National Bank
37 SOUTH RIVER STREET
AURORA, IL 60506
* $ 5,883,754,000 1 $ 55,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 1 $ 155,000
Honor Credit Union
EDGEWOOD RD
BERRIEN SPRINGS, MI 49103
* $ 1,585,971,000 1 $ 55,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ 18,739,008,000 1 $ 155,000
First Centennial Mortgage Corporation
2471 W SULLIVAN ROAD
CHICAGO, IL 60506
* $ -1,000 1 $ 125,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 441,843,000 1 $ 245,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 34,681,050,000 1 $ 145,000
Hometown Equity Mortgage, LLC
25531 COMMERCENTRE DRIVE SUITE 250
LAKE FOREST, CA 92630
* $ -1,000 1 $ 175,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 1 $ 265,000
Clearedge Lending LLC
20 ENTERPRISE SUITE 350
ALISO VIEJO, CA 92656
* $ -1,000 1 $ 265,000
Shelter Growth Capital Partners LLC
750 WASHINGTON BLVD
WILMINGTON, DE 06901
* $ -1,000 1 $ 265,000
State Departmenet Federal Credit Union
1630 KING STREET
ALEXANDRIA, VA 22314
* $ 2,739,271,000 1 $ 405,000
First American Bank
80 STRATFORD DRIVE
ELK GROVE VILLAGE, IL 60007
* $ 6,105,252,000 1 $ 715,000
Compass Mortgage, Inc.
27755 DIEHL ROAD, STE 100
WARRENVILLE, IL 60555
* $ -1,000 1 $ 175,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 546,228,000,000 1 $ 65,000
Kinecta Federal Credit Union
1440 ROSECRANS AVE
MANHATTAN BEACH, CA 90266
* $ 6,668,165,000 1 $ 715,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 1 $ 225,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,517,837,000 1 $ 365,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 105,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 1 $ 105,000
Charles Schwab Bank, SSB

LONE TREE, CO 80124
* $ 348,731,000,000 1 $ 475,000
Ally Bank

CHARLOTTE, NC 28202
* $ 181,890,000,000 1 $ 215,000

The tables below break down 2023 mortgage applications in Marshall County, IN by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Marshall County, IN in 2023

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 681 $137,455,000 $201,000 $3,085,000 $92,000 $1,068,000
Cash-out Refinancing 298 $41,520,000 $139,000 $1,755,000 $88,000 $941,000
Other Purpose 256 $22,240,000 $86,000 $1,205,000 $113,000 $1,887,000
Refinancing 199 $24,535,000 $123,000 $1,005,000 $132,000 $1,679,000
Home Improvement 170 $13,240,000 $77,000 $715,000 $104,000 $750,000
Not Applicable 1 $65,000 $65,000 $65,000 $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 1,261 $179,455,000 $142,000 $1,915,000 $103,000 $1,887,000
Not Provided 113 $19,965,000 $176,000 $1,755,000 $104,000 $699,000
Hispanic 111 $13,265,000 $119,000 $325,000 $67,000 $299,000
Not applicable 93 $22,245,000 $239,000 $3,085,000 $86,000 $86,000
Black or African American 11 $1,505,000 $136,000 $275,000 $141,000 $458,000
American Indian or Alaskan Native 7 $1,305,000 $186,000 $515,000 $162,000 $560,000
Asian 4 $800,000 $200,000 $325,000 $142,000 $228,000
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) 1,287 $178,225,000 $138,000 $3,085,000 $107,000 $1,887,000
FHA-insured (Federal Housing Administration) 216 $39,000,000 $180,000 $485,000 $68,000 $215,000
VA-guaranteed (Veterans Administration) 68 $15,990,000 $235,000 $435,000 $91,000 $183,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 34 $5,840,000 $171,000 $275,000 $64,000 $116,000

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 988 $148,940,000 $150,000 $3,085,000 $105,000 $1,679,000
Application Denied By Financial Institution 273 $33,465,000 $122,000 $1,915,000 $95,000 $1,887,000
Application Withdrawn By Applicant 139 $22,565,000 $162,000 $1,205,000 $97,000 $1,049,000
Loan Purchased By The Institution 102 $20,900,000 $204,000 $485,000 $110,000 $1,068,000
Application Approved But Not Accepted 54 $7,150,000 $132,000 $325,000 $77,000 $204,000
File Closed For Incompleteness 45 $5,465,000 $121,000 $325,000 $108,000 $912,000
Preapproval Approved but not Accepted 3 $465,000 $155,000 $235,000 $47,000 $66,000
Preapproval Denied by Financial Institution 1 $105,000 $105,000 $105,000 $32,000 $32,000

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 1,325 $204,405,000 $154,000 $3,085,000 $103,000 $1,679,000
Credit History 89 $6,815,000 $76,000 $405,000 $76,000 $420,000
Debt-To-Income Ratio 81 $10,145,000 $125,000 $415,000 $68,000 $299,000
Collateral 51 $6,905,000 $135,000 $405,000 $121,000 $1,263,000
Credit Application Incomplete 28 $5,790,000 $206,000 $1,755,000 $147,000 $920,000
Other 13 $3,375,000 $259,000 $1,915,000 $230,000 $1,887,000
Unverifiable Information 11 $815,000 $74,000 $145,000 $71,000 $140,000
Employment History 4 $300,000 $75,000 $125,000 $41,000 $87,000
Insufficient Cash (Downpayment, Closing Cost) 3 $505,000 $168,000 $185,000 $47,000 $56,000
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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