Marshall County, KS Mortgage Lenders & HMDA Data, 2005

In 2005, lenders reported 383 mortgage applications in Marshall County, KS totaling $28.9 million, up 16% from 2004. The average application was for $75,000, and applicants reported an average income of $49,000. 30% of applications resulted in an originated loan and 27% were denied. The most active lender was Beneficial Company LLC, with 48 applications, followed by Tierone Bank and Nationstar Mortgage.

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Total Number of Mortgage Applications 383
Total Mortgage Loan Application Amount $28,935,000
Average Mortgage Loan Application Amount $75,000
Highest Mortgage Loan Application Amount $450,000
Average Applicant Income $49,000
Highest Applicant Income $383,000
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Top Mortgage Lenders in Marshall County, KS (2005)

Ranked by the number of mortgage applications each lender reported in Marshall County, KS in 2005.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Beneficial Company LLC
Mettawa, IL
48 $3,415,000 $71,000 $59,000
2 Tierone Bank
Lincoln, NE
28 $1,855,000 $66,000 $57,000
3 Nationstar Mortgage
Coppell, TX
27 $1,718,000 $63,000 $39,000
4 Ameriquest Mortgage Company
Orange, CA
19 $1,873,000 $98,000 $76,000
5 Countrywide Home Loans
Westlake Village, CA
18 $1,209,000 $67,000 $53,000
6 Gmac Mortgage LLC
Ft. Washington, PA
14 $1,149,000 $82,000 $55,000
7 Homeowners Loan Corporation
Atlanta, GA
12 $585,000 $48,000 $31,000
8 Citimortgage, Inc
New York, NY
11 $1,242,000 $112,000 $58,000
9 Argent Mortgage Company
Orange, CA
10 $871,000 $87,000 $53,000
10 Fieldstone Mortgage Company
Columbia, MD
10 $888,000 $88,000 $57,000

See every lender active in Marshall County, KS in 2005 »

The tables below break down 2005 mortgage applications in Marshall County, KS 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, KS in 2005

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
Refinancing 230 $19,174,000 $83,000 $450,000 $50,000 $383,000
Home Purchase 111 $7,898,000 $71,000 $228,000 $45,000 $127,000
Home Improvement 42 $1,863,000 $44,000 $223,000 $55,000 $192,000

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 282 $21,561,000 $76,000 $405,000 $53,000 $383,000
Not Provided 68 $5,205,000 $76,000 $450,000 $51,000 $170,000
Not applicable 22 $1,495,000 $67,000 $180,000 $0 $0
Black or African American 6 $470,000 $78,000 $120,000 $56,000 $66,000
Asian 2 $24,000 $12,000 $12,000 $21,000 $21,000
American Indian or Alaskan Native 1 $90,000 $90,000 $90,000 $65,000 $65,000
Hispanic 1 $30,000 $30,000 $30,000 $26,000 $26,000
Native Hawaiian or Other Pacific Islander 1 $60,000 $60,000 $60,000 $42,000 $42,000

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) 375 $28,398,000 $75,000 $450,000 $49,000 $383,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 6 $356,000 $59,000 $79,000 $14,000 $63,000
VA-guaranteed (Veterans Administration) 2 $181,000 $90,000 $102,000 $34,000 $43,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0

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 113 $8,792,000 $77,000 $405,000 $51,000 $156,000
Application Denied By Financial Institution 105 $6,328,000 $60,000 $250,000 $45,000 $383,000
Application Withdrawn By Applicant 83 $6,929,000 $83,000 $300,000 $60,000 $192,000
Loan Purchased By The Institution 44 $3,573,000 $81,000 $194,000 $30,000 $156,000
Application Approved But Not Accepted 26 $1,862,000 $71,000 $177,000 $47,000 $118,000
File Closed For Incompleteness 12 $1,451,000 $120,000 $450,000 $68,000 $120,000
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 25 $1,329,000 $53,000 $132,000 $41,000 $87,000
Other 17 $888,000 $52,000 $110,000 $42,000 $383,000
Collateral 5 $244,000 $48,000 $82,000 $66,000 $150,000
Credit Application Incomplete 5 $250,000 $50,000 $68,000 $47,000 $102,000
Debt-To-Income Ratio 3 $203,000 $67,000 $79,000 $27,000 $43,000
Insufficient Cash (Downpayment, Closing Cost) 2 $182,000 $91,000 $122,000 $37,000 $55,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Employment History 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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