Marshall County, IA Mortgage Lenders & HMDA Data, 2019

In 2019, lenders reported 1,140 mortgage applications in Marshall County, IA totaling $141.6 million, up 13% from 2018. The average application was for $124,000, and applicants reported an average income of $77,000. 63% of applications resulted in an originated loan and 13% were denied. The most active lender was Wells Fargo Bank NA, with 112 applications, followed by Guaranteed Rate, Inc. and Barrington Bank & Trust Company, N.A..

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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 1,140
Total Mortgage Loan Application Amount $141,570,000
Average Mortgage Loan Application Amount $124,000
Highest Mortgage Loan Application Amount $7,005,000
Average Applicant Income $77,000
Highest Applicant Income $1,640,000

Mortgage Company List for Lending in Marshall 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
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,689,351,000,000 112 $ 11,610,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 76 $ 9,030,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,135,647,000 74 $ 9,580,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 66 $ 9,900,000
Great Western Bank
225 S MAIN AVE
SIOUX FALLS, SD 57104
* $ 12,568,651,000 62 $ 5,500,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 4,145,422,000 59 $ 5,355,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 459,476,604,000 55 $ 5,765,000
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ 5,377,351,000 52 $ 3,710,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 3,284,241,000 28 $ 1,800,000
Members1st Community Credit Union
910 S 12TH AVE,PO BOX 777
MARSHALLTOWN, IA 50158
* $ 169,759,000 26 $ 1,710,000
Gnb Bank
529 G AVENUE
GRUNDY CENTER, IA 50638
* $ 561,866,000 19 $ 9,725,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,933,790,000 17 $ 1,475,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 17 $ 2,635,000
Home Federal Savings Bank
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 711,235,000 16 $ 1,240,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 14 $ 1,920,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 14 $ 2,120,000
Lincoln Savings Bank
301 WASHINGTON ST
REINBECK, IA 50669
* $ 1,251,526,000 12 $ 2,060,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 12 $ 1,770,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 11 $ 1,525,000
Flagstar Bank NA

TROY, MI 49098
* $ 18,466,868,000 11 $ 1,305,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 10 $ 1,270,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 10 $ 2,030,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 9 $ 1,365,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 9 $ 1,145,000
Community Choice Credit Union
1351 NW 114TH ST, P.O. BOX 71247
JOHNSTON, IA 50131
* $ 506,692,000 9 $ 1,285,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 9 $ 1,115,000
Luana Savings Bank
100 HARVEST DRIVE
LUANA, IA 52156
* $ 1,185,477,000 9 $ 1,685,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,218,960,000,000 8 $ 840,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 7 $ 525,000
Panorama Mortgage Group, LLC
350 RAMPART BOULEVARD SUITE 310
LAS VEGAS, NV 89113
* $ -1,000 7 $ 765,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 7 $ 1,775,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 7 $ 1,045,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 6 $ 770,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 5 $ 735,000
Suntrust Banks, Inc.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 209,720,480,000 5 $ 675,000
Collins Community Credit Union
1150 42ND STREET NE
CEDAR RAPIDS, IA 52402
* $ 1,315,218,000 5 $ 655,000
Green Belt Bank & Trust
616 WASHINGTON AVE.
IOWA FALLS, IA 50126
* $ 465,809,000 5 $ 735,000
Greater Iowa Credit Union
801 LINCOLN WAY
AMES, IA 50010
* $ 456,628,000 5 $ 615,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ -1,000 5 $ 795,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 81,602,818,000 5 $ 685,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 87,268,647,000 5 $ 245,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 5 $ 815,000
Inlanta Mortgage, Inc.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ -1,000 4 $ 660,000
Gershman Investment Corp.
16253 SWINGLEY RIDGE ROAD, SUITE 400
CHESTERFIELD, MO 63017
* $ -1,000 4 $ 920,000
Marine Credit Union
811 MONITOR STREET
LA CROSSE, WI 54601
* $ 753,826,000 4 $ 170,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 4 $ 590,000
Chickasaw Community Bank
909 S MERIDIAN AVE
OKLAHOMA CITY, OK 73142
* $ 192,527,000 4 $ 700,000
Dupaco Community Credit Union
PO BOX 179
DUBUQUE, IA 52004
* $ 1,696,414,000 4 $ 120,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 4 $ 370,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 3 $ 185,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 3 $ 635,000
Bankers Trust Company
453 7TH ST.
DES MOINES, IA 50309
* $ 4,512,819,000 3 $ 725,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 219,071,000,000 3 $ 355,000
Chartwell Financial, LLC
2015 SPRING RD # 600
OAK BROOK, IL 60523
* $ -1,000 3 $ 115,000
Paramount Bank
90 VILLAGE SQUARE SHOPPING CENTER
HAZELWOOD, MO 63042
* $ 36,070,000 3 $ 705,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,039,284,000 3 $ 525,000
Residential Mortgage Network, Inc.
2461 10TH STREET SUITE 308
IOWA CITY, IA 52245
* $ -1,000 3 $ 445,000
Visionbank of Iowa
104 CHESTNUT ST
AMES, IA 50010
* $ 500,482,000 3 $ 555,000
Bank Iowa
1150 JORDAN CREEK PARKWAY
WEST DES MOINES, IA 50266
* $ 1,273,574,000 3 $ 105,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 17,230,779,000 3 $ 325,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ 1,071,570,000 3 $ 655,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 3 $ 315,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 3 $ 245,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 36,899,806,000 3 $ 525,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 3 $ 245,000
Midwest Heritage Bank FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ 272,118,000 3 $ 305,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 268,405,000 2 $ 310,000
Bankers' Bank
7700 MINERAL POINT ROAD
MADISON, WI 53717
* $ 720,844,000 2 $ 420,000
Hills Bank and Trust Company
131 EAST MAIN ST / PO BOX 160
HILLS, IA 52235
* $ 3,041,233,000 2 $ 320,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 395,677,000 2 $ 450,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 2 $ 390,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 2 $ 420,000
Bankunited, National Association
7815 NW 148TH STREET
MIAMI LAKES, FL 33016
* $ 32,077,582,000 2 $ 160,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 2 $ 160,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 2 $ 300,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 2 $ 480,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 2 $ 320,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 2 $ 210,000
Premier Lending Alliance
8831THOMAS AVE. SUITE 100
JOHNSTON, IA 50131
* $ -1,000 2 $ 170,000
Aim Credit Union
1200 ASSOCIATES DR STE 102
DUBUQUE, IA 52002
* $ 126,009,000 2 $ 300,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 124,716,588,000 2 $ 50,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 2 $ 310,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 2 $ 150,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 2 $ 130,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 96,962,446,000 2 $ 260,000
Community 1st Credit Union
1030 SIERRA DR NE
OTTUMWA, IA 52501
* $ 650,228,000 2 $ 100,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 578,076,000 2 $ 150,000
West Gate Bank
6003 OLD CHENEY ROAD
LINCOLN, NE 68516
* $ 611,001,000 2 $ 330,000
Ohnward Bank & Trust
332 1ST AVE W
CASCADE, IA 52033
* $ 280,131,000 1 $ 225,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 1 $ 245,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 1,279,654,000 1 $ 55,000
City State Bank
801 MAIN STREET
NORWALK, IA 50211
* $ 403,484,000 1 $ 135,000
American Finance House Lariba
15141 E WHITTIER BLVD, SUITE 400
WHITTIER, CA 90603
* $ -1,000 1 $ 155,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 3,538,467,000 1 $ 105,000
Think Mutual Bank
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,647,162,000 1 $ 115,000
James B. Nutter & Company
4153 BROADWAY
KANSAS CITY, MO 64111
* $ -1,000 1 $ 75,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 1 $ 115,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 225,000
State Savings Bank
4800 MILLS CIVIC PKWY., STE. 100
WEST DES MOINES, IA 50265
* $ 140,013,000 1 $ 185,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,782,639,000,000 1 $ 55,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 1 $ 275,000
The Central Trust Bank
238 MADISON ST.
JEFFERSON CITY, MO 65101
* $ 2,581,302,000 1 $ 85,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 684,352,000 1 $ 95,000
Metro Credit Union
14517 F STREET SUITE 211
OMAHA, NE 68137
* $ 351,982,000 1 $ 165,000
Availa Bank
126 W 6TH ST
CARROLL, IA 51401
* $ 895,039,000 1 $ 275,000
Bankiowa
7045 C AVE NE
CEDAR RAPIDS, IA 52402
* $ 664,672,000 1 $ 55,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 75,000
Dundee Bank
5015 UNDERWOOD AVE
OMAHA, NE 68132
* $ 282,963,000 1 $ 115,000
Vibrant Credit Union
1900 52ND AVE
MOLINE, IL 61265
* $ 713,437,000 1 $ 105,000
Citibank, NA

NEW YORK, NY 10012
* $ 826,876,000,000 1 $ 115,000
Ally Bank

CHARLOTTE, NC 28202
* $ 159,291,000,000 1 $ 75,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 115,000
Cedar Rapids Bank and Trust
500 1ST AVENUE NE SUITE 100
CEDAR RAPIDS, IA 52401
* $ 1,380,430,000 1 $ 405,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,500,928,000 1 $ 125,000
Diamond Residential Mtg Corp
582 OAKWOOD AVE
LAKE FOREST, IL 60045
* $ -1,000 1 $ 65,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ -1,000 1 $ 115,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 656,158,000 1 $ 185,000
Nexbank
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ 8,305,036,000 1 $ 225,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 129,426,633,000 1 $ 145,000
Union State Bank
611 W HWY 92
WINTERSET, IA 50273
* $ 90,088,000 1 $ 155,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 1 $ 65,000
Arc Home LLC

MOORESTOWN, NJ 08057
* $ -1,000 1 $ 105,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,185,032,000 1 $ 195,000
Compass Mortgage, Inc.
27755 DIEHL ROAD, STE 100
WARRENVILLE, IL 60555
* $ -1,000 1 $ 85,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ 9,796,674,000 1 $ 75,000
Florida Capital Bank, N.A
10151 DEERWOOD PARK BLVD. BLDG. 100 #200
JACKSONVILLE, FL 32256
* $ 407,529,000 1 $ 215,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ -1,000 1 $ 95,000
Premier Credit Union
800 9TH ST
DES MOINES, IA 50309
* $ 199,449,000 1 $ 245,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 165,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,636,147,000 1 $ 65,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 85,000
Citizens State Bank
117 W 1ST ST (PO BOX 517)
MONTICELLO, IA 52310
* $ 400,174,000 1 $ 75,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 1 $ 125,000
Sunflower Bank, N.A.
3025 CORTLAND CIRCLE - PO BOX 800
DALLAS, TX 75225
* $ 3,855,606,000 1 $ 235,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 65,000
Great Southern Bank
218 S GLENSTONE AVE
SPRINGFIELD, MO 65802
* $ 4,679,144,000 1 $ 65,000
Angel Oak Mortgage Solutions LLC
980 HAMMOND DRIVE, SUITE 850
ATLANTA, GA 30328
* $ -1,000 1 $ 225,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 1 $ 85,000
South Story Bank & Trust
501 LINN ST
SLATER, IA 50244
* $ 200,517,000 1 $ 35,000

The tables below break down 2019 mortgage applications in Marshall 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 Marshall 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 586 $77,150,000 $131,000 $465,000 $75,000 $1,640,000
Refinancing 230 $35,030,000 $152,000 $7,005,000 $85,000 $1,061,000
Cash-out Refinancing 174 $22,470,000 $129,000 $465,000 $78,000 $416,000
Home Improvement 72 $3,320,000 $46,000 $325,000 $74,000 $223,000
Other Purpose 58 $2,320,000 $40,000 $135,000 $68,000 $163,000
Not Applicable 20 $1,280,000 $64,000 $135,000 $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 726 $94,010,000 $129,000 $7,005,000 $85,000 $1,640,000
Hispanic 154 $14,270,000 $92,000 $285,000 $57,000 $260,000
Not Provided 118 $14,680,000 $124,000 $465,000 $67,000 $187,000
Not applicable 100 $13,150,000 $131,000 $805,000 $54,000 $106,000
Asian 30 $3,430,000 $114,000 $175,000 $50,000 $104,000
Black or African American 8 $1,340,000 $167,000 $255,000 $92,000 $135,000
American Indian or Alaskan Native 4 $690,000 $172,000 $275,000 $93,000 $164,000
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) 805 $98,575,000 $122,000 $7,005,000 $84,000 $1,640,000
FHA-insured (Federal Housing Administration) 221 $25,565,000 $115,000 $295,000 $54,000 $136,000
VA-guaranteed (Veterans Administration) 95 $15,405,000 $162,000 $295,000 $68,000 $164,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 19 $2,025,000 $106,000 $165,000 $49,000 $90,000

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 715 $91,085,000 $127,000 $7,005,000 $80,000 $1,640,000
Application Denied By Financial Institution 151 $15,445,000 $102,000 $405,000 $67,000 $430,000
Application Withdrawn By Applicant 121 $15,155,000 $125,000 $805,000 $72,000 $191,000
Loan Purchased By The Institution 110 $14,310,000 $130,000 $385,000 $66,000 $225,000
Application Approved But Not Accepted 21 $3,045,000 $145,000 $465,000 $102,000 $416,000
File Closed For Incompleteness 20 $2,300,000 $115,000 $295,000 $86,000 $260,000
Preapproval Denied by Financial Institution 2 $230,000 $115,000 $165,000 $62,000 $81,000
Preapproval Approved but not Accepted 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 944 $112,470,000 $119,000 $805,000 $74,000 $1,020,000
Debt-To-Income Ratio 71 $17,535,000 $246,000 $7,005,000 $133,000 $1,640,000
Credit History 59 $3,935,000 $66,000 $275,000 $59,000 $213,000
Credit Application Incomplete 23 $2,925,000 $127,000 $265,000 $74,000 $159,000
Collateral 19 $1,985,000 $104,000 $255,000 $80,000 $220,000
Other 10 $1,080,000 $108,000 $185,000 $64,000 $133,000
Unverifiable Information 7 $1,105,000 $157,000 $335,000 $121,000 $430,000
Insufficient Cash (Downpayment, Closing Cost) 6 $380,000 $63,000 $105,000 $73,000 $116,000
Employment History 1 $155,000 $155,000 $155,000 $82,000 $82,000
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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