Marshall County, IA Mortgage Lenders & HMDA Data, 2022

In 2022, lenders reported 1,118 mortgage applications in Marshall County, IA totaling $172.4 million, down 35% from 2021. The average application was for $154,000, and applicants reported an average income of $77,000. 60% of applications resulted in an originated loan and 13% were denied. The most active lender was Guaranteed Rate, Inc., with 90 applications, followed by Iowa Bankers Mortgage Corporation and Greenstate Credit Union.

Looking for lender-specific data?
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 1,118
Total Mortgage Loan Application Amount $172,440,000
Average Mortgage Loan Application Amount $154,000
Highest Mortgage Loan Application Amount $7,825,000
Average Applicant Income $77,000
Highest Applicant Income $1,400,000

Mortgage Company List for Lending in Marshall County, IA for 2022

* 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
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 90 $ 11,960,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ -1,000 73 $ 11,205,000
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ 9,011,033,000 63 $ 4,525,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 564,154,604,000 57 $ 4,235,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 5,860,350,000 56 $ 4,990,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,779,504,000,000 52 $ 5,340,000
First Interstate Bank
PO BOX 30918
BILLINGS, MT 59101
* $ 19,608,230,000 41 $ 3,585,000
Members1st Community Credit Union
910 S 12TH AVE,PO BOX 777
MARSHALLTOWN, IA 50158
* $ 239,860,000 41 $ 3,825,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 6,023,480,000 35 $ 3,355,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 31 $ 4,085,000
Gnb Bank
529 G AVENUE
GRUNDY CENTER, IA 50638
* $ 622,624,000 23 $ 4,165,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 16 $ 1,840,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 16 $ 2,310,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 15 $ 2,285,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 15 $ 2,215,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 14 $ 2,470,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 14 $ 2,610,000
Lincoln Savings Bank
301 WASHINGTON ST
REINBECK, IA 50669
* $ 1,479,040,000 14 $ 2,460,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 12 $ 1,780,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,306,982,000,000 10 $ 1,490,000
Marine Credit Union
811 MONITOR STREET
LA CROSSE, WI 54601
* $ 1,046,374,000 10 $ 610,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 9 $ 1,185,000
Great Southern Bank
218 S GLENSTONE AVE
SPRINGFIELD, MO 65802
* $ 5,455,015,000 9 $ 1,155,000
Home Federal Savings Bank
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 1,068,836,000 9 $ 955,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 9 $ 1,625,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 8 $ 730,000
Community Choice Credit Union
1351 NW 114TH ST, P.O. BOX 71247
JOHNSTON, IA 50131
* $ 742,416,000 8 $ 470,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,810,411,000 8 $ 1,100,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 8 $ 940,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 104,790,698,000 8 $ 540,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 8 $ 590,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 7 $ 1,025,000
Greater Iowa Credit Union
801 LINCOLN WAY
AMES, IA 50010
* $ 658,020,000 6 $ 300,000
Collins Community Credit Union
1150 42ND STREET NE
CEDAR RAPIDS, IA 52402
* $ 1,442,452,000 6 $ 910,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 6 $ 580,000
Availa Bank
126 W 6TH ST
CARROLL, IA 51401
* $ 1,464,817,000 6 $ 1,170,000
Dupaco Community Credit Union
PO BOX 179
DUBUQUE, IA 52004
* $ 2,697,669,000 6 $ 1,090,000
Northwest Bank
705 GRAND AVE.
SPENCER, IA 51301
* $ 2,278,779,000 5 $ 905,000
Gershman Investment Corp.
16253 SWINGLEY RIDGE ROAD, SUITE 400
CHESTERFIELD, MO 63017
* $ -1,000 5 $ 675,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 5 $ 555,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 3,348,940,000 5 $ 605,000
Inlanta Mortgage, Inc.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ -1,000 4 $ 750,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 4 $ 640,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 4 $ 760,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 4 $ 660,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 4 $ 760,000
Bankers Trust Company
453 7TH ST.
DES MOINES, IA 50309
* $ 6,001,858,000 4 $ 480,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 32,127,026,000 4 $ 420,000
Compass Mortgage, Inc.
27755 DIEHL ROAD, STE 100
WARRENVILLE, IL 60555
* $ -1,000 4 $ 530,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 4 $ 450,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 4 $ 900,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 528,514,000,000 4 $ 670,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 3 $ 135,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 3 $ 495,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 3 $ 795,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 3 $ 575,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 3 $ 775,000
Chartwell Financial, LLC
2015 SPRING RD # 600
OAK BROOK, IL 60523
* $ -1,000 3 $ 185,000
Digital Federal Credit Union
220 DONALD LYNCH BOULEVARD
MARLBOROUGH, MA 01752
* $ 9,886,658,000 3 $ 175,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 3 $ 415,000
Visionbank of Iowa
104 CHESTNUT ST
AMES, IA 50010
* $ 600,366,000 3 $ 8,075,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 3 $ 155,000
First State Bank
413 EAST ST
LYNNVILLE, IA 50153
* $ 291,278,000 3 $ 85,000
First National Bank Ames Iowa
405 5TH ST
AMES, IA 50010
* $ 1,114,689,000 3 $ 6,275,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 153,432,983,000 3 $ 165,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 209,696,785,000 2 $ 330,000
Bank Iowa
1150 JORDAN CREEK PARKWAY
WEST DES MOINES, IA 50266
* $ 1,758,051,000 2 $ 240,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 1,046,473,000 2 $ 170,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 381,299,804,000 2 $ 12,970,000
I H Mississippi Valley Credit Union
2121 47TH STREET
MOLINE, IL 61265
* $ 1,832,277,000 2 $ 690,000
Ixonia Bank
W1046 MARIETTA AVE
IXONIA, WI 53036
* $ 589,632,000 2 $ 230,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 2 $ 170,000
Frontier Financial, Inc. dba Frontier Mortgage
16647 CHESTERFIELD GROVE ROAD, SUITE 100
CHESTERFIELD, MO 63005
* $ -1,000 2 $ 220,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 2 $ 390,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 2 $ 390,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 2 $ 200,000
Fidelity Bank
177 S JORDAN CREEK PKWY
WEST DES MOINES, IA 50266
* $ 76,273,000 2 $ 600,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 117,378,701,000 2 $ 490,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,519,525,000,000 2 $ 50,000
The Central Trust Bank
238 MADISON ST.
JEFFERSON CITY, MO 65101
* $ 20,248,406,000 2 $ 390,000
Luana Savings Bank
100 HARVEST DRIVE
LUANA, IA 52156
* $ 1,965,700,000 2 $ 40,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 2 $ 430,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 2 $ 370,000
Chicago Mortgage Solutions LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ -1,000 2 $ 270,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 2 $ 490,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 14,120,189,000 2 $ 70,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 2 $ 350,000
Ally Bank

CHARLOTTE, NC 28202
* $ 172,820,000,000 2 $ 400,000
River Valley Credit Union
2811 E 13TH STREET
AMES, IA 50010
* $ 87,203,000 2 $ 180,000
Green Belt Bank & Trust
616 WASHINGTON AVE.
IOWA FALLS, IA 50126
* $ 590,985,000 2 $ 120,000
Farmers State Bank
131 TOWER PARK DRIVE SUITE 100
WATERLOO, IA 50701
* $ 1,371,634,000 2 $ 180,000
Residential Mortgage Network, Inc.
2461 10TH STREET SUITE 308
IOWA CITY, IA 52245
* $ -1,000 2 $ 440,000
Aim Credit Union
1200 ASSOCIATES DR STE 102
DUBUQUE, IA 52002
* $ 165,623,000 2 $ 320,000
Community 1st Credit Union
1030 SIERRA DR NE
OTTUMWA, IA 52501
* $ 1,000,538,000 2 $ 170,000
Premier Credit Union
800 9TH ST
DES MOINES, IA 50309
* $ 269,767,000 2 $ 290,000
Data Mortgage, Inc

OCALA, FL 34475
* $ -1,000 2 $ 340,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 2 $ 140,000
Geneva Financial LLC
180 S ARIZONA AVE STE 310
CHANDLER, AZ 85225
* $ -1,000 2 $ 250,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 4,726,840,000 2 $ 330,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 796,563,000 1 $ 205,000
Contract Exchange Corporation
425 2ND ST SE #370
CEDAR RAPIDS, IA 52401
* $ -1,000 1 $ 105,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,177,145,000 1 $ 295,000
Flat Branch Mortgage, Inc.
101 S. FIFTH STREET, STE 200
COLUMBIA, MO 65201
* $ -1,000 1 $ 215,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 1 $ 85,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 195,000
Premier Lending Alliance
8831THOMAS AVE. SUITE 100
JOHNSTON, IA 50131
* $ -1,000 1 $ 65,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 1 $ 35,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 1 $ 115,000
First National Bank of Hutchinson
1 N MAIN ST
HUTCHINSON, KS 67501
* $ 971,298,000 1 $ 95,000
Community First National Bank
215 S SETH CHILD RD
MANHATTAN, KS 66502
* $ 290,729,000 1 $ 755,000
Home State Bank
115 W STATE ST
JEFFERSON, IA 50129
* $ 337,308,000 1 $ 495,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 15,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 1 $ 145,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 1 $ 145,000
State Bank Financial
401 MAIN ST
LA CROSSE, WI 54601
* $ 478,650,000 1 $ 285,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 173,414,362,000 1 $ 255,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 3,423,533,000 1 $ 195,000
Sofi Lending Corp.
375 HEALDSBURG AVENUE, SUITE 280
SACRAMENTO, CA 95448
* $ -1,000 1 $ 135,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 1 $ 115,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ -1,000 1 $ 135,000
Walker & Dunlop, LLC
7501 WISCONSIN AVE, STE 1200E
BETHESDA, MD 20814
* $ -1,000 1 $ 1,565,000
Black Hills Federal Credit Union
PO BOX 1420-225 MAIN ST
RAPID CITY, SD 57702
* $ 1,952,365,000 1 $ 255,000
Capitol Federal Savings Bank
700 S KANSAS AVE
TOPEKA, KS 66603
* $ 9,624,571,000 1 $ 405,000
Midwest Heritage Bank FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ 354,210,000 1 $ 35,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 1 $ 225,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 262,541,000 1 $ 135,000
Draper and Kramer Mortgage Corp.
1431 OPUS PLACE SUITE 200
WILMINGTON, DE 60515
* $ -1,000 1 $ 145,000
Peoples Bank
1230 VALLEY DRIVE
ROCK VALLEY, IA 51247
* $ 801,659,000 1 $ 45,000
V.I.P. Mortgage, Inc.
9221 E VIA DE VENTURA
SCOTTSDALE, AZ 85258
* $ -1,000 1 $ 95,000
Waterstone Bank SSB
11200 WEST PLANK COURT
WAUWATOSA, WI 53226
* $ 2,209,533,000 1 $ 1,675,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 166,652,719,000 1 $ 215,000
Morton Community Bank
721 W. JACKSON
MORTON, IL 61550
* $ 4,880,056,000 1 $ 115,000
Homestead Funding Corp.
8 AIRLINE DRIVE
ALBANY, NY 12205
* $ -1,000 1 $ 455,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 1 $ 155,000
Great Western Bank
225 S MAIN AVE
SIOUX FALLS, SD 57104
* $ 13,339,325,000 1 $ 105,000
Cake Mortgage Corp.
9200 OAKDALE AVE STE 501
CHATSWORTH, CA 91311
* $ -1,000 1 $ 275,000
Northmarq Capital Finance, L.L.C.

WASHINGTON, DC 20005
* $ -1,000 1 $ 4,015,000
Mission Loans, LLC

IRVINE, CA 92612
* $ -1,000 1 $ 275,000
Arvest Bank

TULSA, OK 74103
* $ 26,774,219,000 1 $ 105,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 1,879,005,000 1 $ 125,000
Two Rivers Bank & Trust
222 N. MAIN ST
BURLINGTON, IA 52601
* $ 981,440,000 1 $ 145,000
Peoples Bank
12701 UNIVERSITY AVE
CLIVE, IA 50325
* $ 415,716,000 1 $ 85,000

The tables below break down 2022 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 2022

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 582 $94,210,000 $161,000 $4,805,000 $76,000 $1,400,000
Cash-out Refinancing 201 $25,945,000 $129,000 $395,000 $75,000 $375,000
Refinancing 173 $44,305,000 $256,000 $7,825,000 $76,000 $300,000
Home Improvement 93 $4,575,000 $49,000 $205,000 $93,000 $500,000
Other Purpose 63 $3,035,000 $48,000 $215,000 $71,000 $337,000
Not Applicable 6 $370,000 $61,000 $105,000 $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 655 $82,155,000 $125,000 $1,505,000 $80,000 $1,400,000
Hispanic 170 $17,160,000 $100,000 $295,000 $73,000 $775,000
Not Provided 130 $17,210,000 $132,000 $455,000 $72,000 $291,000
Not applicable 94 $47,120,000 $501,000 $7,825,000 $117,000 $199,000
Asian 42 $5,680,000 $135,000 $285,000 $61,000 $147,000
American Indian or Alaskan Native 16 $1,760,000 $110,000 $145,000 $74,000 $150,000
Black or African American 9 $1,225,000 $136,000 $255,000 $53,000 $105,000
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) 838 $130,630,000 $155,000 $7,825,000 $82,000 $1,400,000
FHA-insured (Federal Housing Administration) 201 $27,855,000 $138,000 $1,565,000 $56,000 $164,000
VA-guaranteed (Veterans Administration) 69 $12,845,000 $186,000 $755,000 $70,000 $209,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 10 $1,110,000 $111,000 $145,000 $47,000 $62,000

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 671 $112,985,000 $168,000 $7,825,000 $82,000 $1,400,000
Application Withdrawn By Applicant 147 $24,305,000 $165,000 $6,615,000 $77,000 $310,000
Application Denied By Financial Institution 145 $14,495,000 $99,000 $285,000 $61,000 $500,000
Loan Purchased By The Institution 71 $11,495,000 $161,000 $755,000 $91,000 $199,000
File Closed For Incompleteness 59 $5,845,000 $99,000 $425,000 $61,000 $150,000
Application Approved But Not Accepted 21 $2,435,000 $115,000 $505,000 $68,000 $220,000
Preapproval Approved but not Accepted 3 $705,000 $235,000 $245,000 $83,000 $121,000
Preapproval Denied by Financial Institution 1 $175,000 $175,000 $175,000 $36,000 $36,000

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 931 $149,495,000 $160,000 $7,825,000 $76,000 $420,000
Debt-To-Income Ratio 68 $10,680,000 $157,000 $1,675,000 $113,000 $1,400,000
Credit History 47 $4,325,000 $92,000 $285,000 $78,000 $498,000
Collateral 26 $3,060,000 $117,000 $265,000 $54,000 $119,000
Other 17 $1,525,000 $89,000 $245,000 $94,000 $500,000
Credit Application Incomplete 10 $990,000 $99,000 $175,000 $48,000 $90,000
Unverifiable Information 7 $925,000 $132,000 $275,000 $62,000 $117,000
Employment History 7 $955,000 $136,000 $195,000 $33,000 $77,000
Insufficient Cash (Downpayment, Closing Cost) 5 $485,000 $97,000 $145,000 $43,000 $79,000
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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