Mason County, MI Mortgage Lenders & HMDA Data, 2016

In 2016, lenders reported 992 mortgage applications in Mason County, MI totaling $129.3 million, up 6% from 2015. The average application was for $130,000, and applicants reported an average income of $76,000. 49% of applications resulted in an originated loan and 21% were denied. The most active lender was Chemical Bank, with 87 applications, followed by PNC Bank N.A. and Neighborhood Mortgage Solutions, LLC.

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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 992
Total Mortgage Loan Application Amount $129,252,000
Average Mortgage Loan Application Amount $130,000
Highest Mortgage Loan Application Amount $5,134,000
Average Applicant Income $76,000
Highest Applicant Income $1,344,000

Mortgage Company List for Lending in Mason County, MI for 2016

* 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
Chemical Bank
333 E MAIN STREET
MIDLAND, MI 48640
* $ 9,166,710,000 87 $ 12,540,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 348,291,098,000 79 $ 6,586,000
Neighborhood Mortgage Solutions, LLC
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 61 $ 5,880,000
The Shelby State Bank
242 N MICHIGAN AVE
SHELBY, MI 49455
* $ 228,930,000 57 $ 7,036,000
Fifth Third Mortgage, Mi LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 46 $ 6,386,000
Preferred Credit Union
3767 SPARKS DR SE
GRAND RAPIDS, MI 49546
* $ 162,437,000 45 $ 1,461,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 43 $ 6,322,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 4,089,397,000 33 $ 5,478,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,610,580,000,000 29 $ 3,908,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 138,620,635,000 27 $ 3,453,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 22 $ 2,730,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ 40,394,000 17 $ 1,721,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 138,620,635,000 14 $ 812,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 70,879,778,000 13 $ 956,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 12 $ 1,637,000
Freedom Mortgage Corporation
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 11 $ 1,658,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 11 $ 1,682,000
Msu Federal Credit Union
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 3,034,515,000 10 $ 1,150,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 10 $ 1,012,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 9 $ 1,342,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 7 $ 1,010,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,649,486,000 7 $ 1,155,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 7 $ 244,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 6 $ 1,082,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 6 $ 764,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 6 $ 908,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 6 $ 881,000
Northern Mortgage Services, LLC
3714 28TH ST SW
GRANDVILLE, MI 49418
* $ 3,904,000 6 $ 836,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 5 $ 675,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 5 $ 595,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 5 $ 934,000
Consumers Credit Union
PO BOX 525
KALAMAZOO, MI 49009
* $ 674,549,000 5 $ 120,000
Credit Union One
400 E NINE MILE RD
FERNDALE, MI 48220
* $ 1,023,016,000 4 $ 355,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,299,801,000,000 4 $ 699,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 4 $ 304,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 4 $ 675,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 4 $ 667,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 4 $ 577,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 4 $ 590,000
Success Mortgage Partners, Inc
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ 1,912,000 4 $ 431,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 4 $ 370,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 3 $ 465,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 3 $ 342,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 3 $ 616,000
Independent Bank
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,397,774,000 3 $ 395,000
Great Lakes Credit Union
2525 GREEN BAY
BANNOCKBURN, IL 60015
* $ 719,563,000 3 $ 524,000
Aspire Financial, Inc.
4100 ALPHA ROAD SUITE 400
DALLAS, TX 75244
* $ 10,000,000 3 $ 481,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 3 $ 303,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 3 $ 979,000
Choiceone Bank
109 E. DIVISION ST.
SPARTA, MI 49345
* $ 565,408,000 3 $ 515,000
Macatawa Bank, N.A.

ROSEMONT, IL 60018
* $ 1,727,803,000 3 $ 309,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 459,125,000 3 $ 992,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 3 $ 529,000
Huron Valley Financial, Inc.
2395 OAK VALLEY DRIVE, SUITE 200
ANN ARBOR, MI 48103
* $ 10,000,000 3 $ 480,000
Mortgage300 Corporation
10 SE CENTRAL PARKWAY SUITE 325
STUART, FL 34994
* $ 500,000 3 $ 249,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 3 $ 148,000
Horizon Bank, N.A.
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 2,647,596,000 3 $ 237,000
Wmcu
1319 FRONT AVE NW
GRAND RAPIDS, MI 49504
* $ 145,344,000 3 $ 429,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 11,567,246,000 2 $ 151,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 2 $ 475,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 9,622,999,000 2 $ 74,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 205,125,538,000 2 $ 278,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,709,556,000 2 $ 208,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 18,900,720,000 2 $ 232,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 2 $ 488,000
Mms Mortgage Services, Ltd.
38275 TWELVE MILE RD., SUITE 100
FARMINGTON HILLS, MI 48331
* $ 5,598,000 2 $ 337,000
Mortgage 1 Incorporated
43456 MOUND ROAD
STERLING HEIGHTS, MI 48314
* $ 9,135,000 2 $ 186,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 2 $ 215,000
Dow Credit Union
600 E. LYON ROAD P.O. BOX 1649
MIDLAND, MI 48641
* $ 1,464,830,000 2 $ 279,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 2 $ 245,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 2 $ 517,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 444,244,000 2 $ 50,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 2 $ 290,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 2 $ 122,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 2 $ 210,000
Family Financial Credit Union
3575 HENRY ST
MUSKEGON, MI 49441
* $ 98,528,000 2 $ 70,000
Case Credit Union
PO BOX 22158 4316 SOUTH PENNSYLVANIA AVENUE
LANSING, MI 48909
* $ 253,857,000 2 $ 24,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 2 $ 252,000
United Bank of Michigan
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ 524,123,000 2 $ 225,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 2 $ 376,000
Mercantile Bank
310 LEONARD STREET NORTH WEST
GRAND RAPIDS, MI 49504
* $ 2,883,076,000 2 $ 405,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 822,669,000 2 $ 149,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 1 $ 144,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ 32,120,000 1 $ 149,000
Walker & Dunlop, LLC
7501 WISCONSIN AVE, STE 1200E
BETHESDA, MD 20814
* $ 552,596,000 1 $ 5,134,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 11,846,211,000 1 $ 286,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 31,272,894,000 1 $ 63,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 85,747,508,000 1 $ 40,000
Mainsource Bank
2105 N STATE RD 3 BYPASS
GREENSBURG, IN 47240
* $ 3,385,483,000 1 $ 80,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 1 $ 86,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 3,128,427,000 1 $ 46,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 95,747,000 1 $ 101,000
Banc of California, National Association
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 8,231,396,000 1 $ 92,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ 4,993,000 1 $ 296,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 1 $ 265,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 1 $ 42,000
The Anderson Financial Group, Inc.
2421 NORTH ASHLAND AVENUE
CHICAGO, IL 60614
* $ 10,000,000 1 $ 309,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 82,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ 35,475,880,000 1 $ 200,000
Blg Holdings, LLC
2353 S. LINDEN RD. SUITE A
FLINT, MI 48507
* $ 1,781,000 1 $ 308,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 1 $ 220,000
Lake Trust Credit Union
4605 S OLD US HIGHWAY 23
BRIGHTON, MI 48114
* $ 1,680,740,000 1 $ 34,000
Harborlight
2151 COGSWELL DR.
WHITEHALL, MI 49461
* $ 93,815,000 1 $ 200,000
Community West Credit Union
4045 60TH ST SE
KENTWOOD, MI 49512
* $ 157,208,000 1 $ 250,000
Dfcu Financial
400 TOWN CENTER DRIVE
DEARBORN, MI 48121
* $ 4,020,891,000 1 $ 136,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ 608,779,509,000 1 $ 209,000
Acrisure Mortgage, LLC
189 S ORANGE AVE STE 970
ORLANDO, FL 32801
* $ 12,000,000 1 $ 63,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 1 $ 90,000
Wright Patt Credit Union Inc
3560 PENTAGON BLVD.
BEAVERCREEK, OH 45431
* $ 3,202,505,000 1 $ 226,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 1 $ 111,000
Staunton Financial Inc
25800 NORTHWESTERN HIGHWAY SUITE 110
SOUTHFIELD, MI 48076
* $ 10,000,000 1 $ 82,000
Tiaa-Cref Trust Company FSB
211 NORTH BROADWAY, STE 1000
ST. LOUIS, MO 63102
* $ 3,519,033,000 1 $ 220,000
The First State Bank
PO BOX 295
BARBOURSVILLE, WV 25504
* $ 234,265,000 1 $ 172,000
Mycumortgage
3560 PENTAGON BLVD. SUITE 301
BEAVERCREEK, OH 45431
* $ 1,159,238,000 1 $ 226,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 1 $ 270,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 1 $ 155,000
Freestar Financial Credit Union
PO BOX 2800
MT. CLEMENS, MI 48046
* $ 180,960,000 1 $ 143,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 1 $ 178,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ 10,000,000 1 $ 200,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 1 $ 238,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 224,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,077,735,000 1 $ 138,000
West Michigan Community Bank
5367 SCHOOL AVE.
HUDSONVILLE, MI 49426
* $ 344,043,000 1 $ 128,000
BNC National Bank

BISMARCK, ND 58501
* $ 903,318,000 1 $ 179,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 1 $ 181,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 142,000
Forbright Bank
6701 DEMOCRACY BLVD, SUITE 400
CHEVY CHASE, MD 20815
* $ 504,343,000 1 $ 219,000
Armed Forces Bank, N.A.
320 KANSAS AVENUE
FORT LEAVENWORTH, KS 66027
* $ 1,064,155,000 1 $ 30,000
First National Bank of Pandora
102 E. MAIN ST
PANDORA, OH 45877
* $ 154,385,000 1 $ 220,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 106,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ 10,000,000 1 $ 138,000
Genisys Credit Union
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 2,002,110,000 1 $ 30,000
Community Financial
500 S HARVEY ST
PLYMOUTH, MI 48170
* $ 701,971,000 1 $ 6,000
Lafcu
106 N MARKETPLACE BLVD
LANSING, MI 48917
* $ 600,628,000 1 $ 41,000
Kellogg Community Credit Union
41 SECOND ST
BATTLE CREEK, MI 49014
* $ 434,870,000 1 $ 100,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ 10,000,000 1 $ 115,000
Gsf Mortgage Corp
15430 W CAPITOL DRIVE
BROOKFIELD, WI 53005
* $ 10,000,000 1 $ 123,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 1 $ 259,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 108,064,717,000 1 $ 132,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 27,567,209,000 1 $ 1,418,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 42,042,000,000 1 $ 57,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,764,654,000 1 $ 89,000
Wolverine Bank FSB
5710 EASTMAN AVE
MIDLAND, MI 48640
* $ 417,766,000 1 $ 112,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,580,860,000 1 $ 245,000
Edgewater Bank
321 MAIN STREET
SAINT JOSEPH, MI 49085
* $ 135,353,000 1 $ 84,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 224,192,000 1 $ 25,000
Grand River Bank
4471 WILSON AVENUE SW
GRANDVILLE, MI 49418
* $ 159,660,000 1 $ 681,000
Southern Michigan Bank & Trust
51 WEST PEARL STREET
COLDWATER, MI 49036
* $ 581,671,000 1 $ 272,000
Dart Bank
368 S. PARK ST.
MASON, MI 48854
* $ 323,033,000 1 $ 90,000
Gerber Federal Credit Union
508 STATE STREET PO BOX 116
FREMONT, MI 49412
* $ 132,767,000 1 $ 150,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 1 $ 100,000
Aac Credit Union
904 BROADWAY NW
GRAND RAPIDS, MI 49504
* $ 116,232,000 1 $ 242,000
Team One Credit Union
520 HAYDEN
SAGINAW, MI 48607
* $ 451,767,000 1 $ 112,000

The tables below break down 2016 mortgage applications in Mason 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 Mason County, MI in 2016

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 473 $63,096,000 $133,000 $1,418,000 $76,000 $1,155,000
Refinancing 426 $62,088,000 $145,000 $5,134,000 $72,000 $1,200,000
Home Improvement 93 $4,068,000 $43,000 $245,000 $88,000 $1,344,000

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 791 $101,272,000 $128,000 $1,418,000 $82,000 $1,344,000
Not Provided 91 $10,110,000 $111,000 $337,000 $84,000 $432,000
Not applicable 77 $14,991,000 $194,000 $5,134,000 $5,000 $180,000
Hispanic 21 $1,765,000 $84,000 $198,000 $53,000 $184,000
American Indian or Alaskan Native 8 $812,000 $101,000 $299,000 $56,000 $92,000
Native Hawaiin or Other Pacific Islander 2 $180,000 $90,000 $98,000 $65,000 $90,000
Asian 1 $60,000 $60,000 $60,000 $39,000 $39,000
Black or African American 1 $62,000 $62,000 $62,000 $44,000 $44,000

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) 733 $91,516,000 $124,000 $1,418,000 $85,000 $1,344,000
FHA-insured (Federal Housing Administration) 124 $19,431,000 $156,000 $5,134,000 $48,000 $180,000
VA-guaranteed (Veterans Administration) 88 $13,958,000 $158,000 $337,000 $63,000 $1,200,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 47 $4,347,000 $92,000 $149,000 $29,000 $73,000

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 484 $67,789,000 $140,000 $5,134,000 $82,000 $1,155,000
Application Denied By Financial Institution 204 $24,009,000 $117,000 $600,000 $79,000 $1,344,000
Application Withdrawn By Applicant 152 $17,902,000 $117,000 $456,000 $80,000 $555,000
Loan Purchased By The Institution 88 $10,911,000 $123,000 $540,000 $21,000 $350,000
File Closed For Incompleteness 36 $5,271,000 $146,000 $500,000 $93,000 $560,000
Application Approved But Not Accepted 28 $3,370,000 $120,000 $335,000 $73,000 $166,000
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
Collateral 46 $6,431,000 $139,000 $522,000 $95,000 $305,000
Credit History 36 $2,173,000 $60,000 $259,000 $56,000 $135,000
Debt-To-Income Ratio 25 $2,842,000 $113,000 $291,000 $61,000 $255,000
Credit Application Incomplete 8 $1,043,000 $130,000 $390,000 $89,000 $257,000
Employment History 4 $465,000 $116,000 $152,000 $35,000 $80,000
Insufficient Cash (Downpayment, Closing Cost) 4 $540,000 $135,000 $227,000 $76,000 $186,000
Other 3 $222,000 $74,000 $90,000 $484,000 $1,344,000
Unverifiable Information 2 $211,000 $105,000 $161,000 $54,000 $55,000
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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