Matanuska-Susitna, AK Mortgage Lenders & HMDA Data, 2020

In 2020, lenders reported 10,330 mortgage applications in Matanuska-Susitna, AK totaling $2.8 billion, up 60% from 2019. The average application was for $268,000, and applicants reported an average income of $107,000. 52% of applications resulted in an originated loan and 9% were denied. The most active lender was Alaska USA Mortgage Company LLC, with 1,225 applications, followed by Global Federal Credit Union and Wells Fargo Bank NA.

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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 10,330
Total Mortgage Loan Application Amount $2,777,980,000
Average Mortgage Loan Application Amount $268,000
Highest Mortgage Loan Application Amount $6,985,000
Average Applicant Income $107,000
Highest Applicant Income $1,320,000

Mortgage Company List for Lending in Matanuska-Susitna, AK for 2020

* 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
Alaska USA Mortgage Company LLC
4000 CREDIT UNION DRIVE, STE. 700
ANCHORAGE, AK 99503
* $ -1,000 1,225 $ 318,175,000
Global Federal Credit Union
PO BOX 196850
ANCHORAGE, AK 99503
* $ 8,335,689,000 1,106 $ 249,550,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,712,919,000,000 819 $ 202,095,000
Residential Mortgage, LLC
100 CALAIS DRIVE, SUITE 100
ANCHORAGE, AK 99503
* $ -1,000 734 $ 212,950,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 720 $ 208,840,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 378 $ 114,780,000
First National Bank Alaska
101 W 36TH AVE, STE 305
ANCHORAGE, AK 99501
* $ 3,808,254,000 298 $ 81,660,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 255 $ 70,725,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 231 $ 69,505,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 212 $ 63,030,000
Matanuska Valley Federal Credit Union
1020 SOUTH BAILEY STREET
PALMER, AK 99645
* $ 558,284,000 208 $ 41,390,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 203 $ 59,635,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 166 $ 48,760,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 157 $ 47,195,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 145 $ 50,955,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 129 $ 31,745,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 127 $ 40,625,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 123 $ 34,355,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 122 $ 32,310,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,503,779,000 121 $ 42,595,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 118 $ 35,500,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 143,390,269,000 114 $ 20,950,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 102 $ 29,350,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 97 $ 25,465,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 88,826,789,000 95 $ 27,945,000
Credit Union 1
1941 ABBOTT RD
ANCHORAGE, AK 99507
* $ 1,090,014,000 83 $ 18,365,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 74 $ 20,750,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 72 $ 18,560,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 486,004,220,000 70 $ 17,260,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 604,528,000 69 $ 19,105,000
Nuvision Federal Credit Union
7812 EDINGER AVENUE
HUNTINGTON BEACH, CA 92677
* $ 2,369,587,000 68 $ 17,730,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 53 $ 13,525,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 52 $ 14,900,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 51 $ 16,085,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 49 $ 15,525,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 111,986,078,000 46 $ 14,800,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 833,228,000 41 $ 14,455,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 40 $ 12,570,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 38 $ 10,530,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 37 $ 10,305,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 36 $ 9,310,000
Keller Mortgage, LLC

AUSTIN, TX 78746
* $ -1,000 33 $ 8,835,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 112,384,202,000 30 $ 2,140,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 29 $ 8,075,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 28 $ 8,030,000
Flagstar Bank NA

TROY, MI 49098
* $ 23,234,514,000 28 $ 8,020,000
Chickasaw Community Bank
909 S MERIDIAN AVE
OKLAHOMA CITY, OK 73142
* $ 198,963,000 27 $ 6,865,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 27 $ 9,285,000
Mission Loans, LLC

IRVINE, CA 92612
* $ -1,000 27 $ 7,245,000
Amcap Mortgage, Ltd.
9999 BELLAIRE BLVD., SUITE 700
AUSTIN, TX 77036
* $ -1,000 26 $ 8,170,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,852,983,000,000 26 $ 3,860,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 24 $ 7,660,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 22 $ 6,860,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 22 $ 5,910,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 21 $ 6,985,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 21 $ 6,305,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 20 $ 4,970,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 20 $ 5,100,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ 1,289,704,000 18 $ 4,840,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 17 $ 5,405,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 16 $ 4,440,000
Bkco Mortgage, LLC
2211 RIMLAND DR SUITE 222
WILMINGTON, DE 98226
* $ -1,000 16 $ 5,180,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,337,646,000,000 15 $ 3,445,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 24,774,361,000 13 $ 3,335,000
Cornerstone Home Lending, Inc.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ -1,000 10 $ 2,350,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 313,272,000 10 $ 3,070,000
Guaranty Mortgage Service, Inc.
4300 B ST #301
WATERLOO, IA 99503
* $ -1,000 9 $ 2,745,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 9 $ 745,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 9 $ 2,175,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 2,488,033,000 9 $ 725,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 9 $ 1,845,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 9 $ 2,835,000
Accelerate Mortgage, LLC
750 PRIDES CROSSING #303
NEWARK, DE 19713
* $ -1,000 9 $ 2,425,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 9 $ 2,495,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 8 $ 1,960,000
Advancial Federal Credit Union
1845 WOODALL RODGERS FWY, SUITE 1300
DALLAS, TX 75231
* $ 1,630,739,000 7 $ 2,605,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,432,105,000 6 $ 1,220,000
Ks Statebank
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 2,142,154,000 6 $ 2,670,000
First Home Bank
9190 SEMINOLE BLVD
SEMINOLE, FL 33772
* $ 531,151,000 6 $ 1,900,000
True North Federal Credit Union
2777 POSTAL WAY
JUNEAU, AK 99801
* $ 159,642,000 6 $ 1,370,000
Servbank, N.A.
3201 ORCHARD RD
OSWEGO, IL 60543
* $ 109,679,000 5 $ 1,665,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 165,742,416,000 5 $ 1,505,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 5 $ 1,255,000
Prime Choice Funding Inc.
17852 17TH ST #107
TUSTIN, CA 92780
* $ -1,000 5 $ 1,285,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 464,504,000 5 $ 1,095,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 6,120,102,000 4 $ 1,400,000
Titan Mortgage Capital, Inc.
DOVER CENTER, 200 W 34TH AVE
ANCHORAGE, AK 99503
* $ -1,000 4 $ 1,030,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 4,097,505,000 4 $ 1,120,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 4 $ 840,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 32,529,274,000 4 $ 860,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 4 $ 960,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,065,955,000 4 $ 1,110,000
Bay-Valley Mortgage Group
23320 FOOTHILL BLVD, SUITE 260
HAYWARD, CA 94541
* $ -1,000 4 $ 1,310,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 5,633,125,000 4 $ 1,000,000
Ally Bank

CHARLOTTE, NC 28202
* $ 167,492,000,000 3 $ 975,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 41,950,721,000 3 $ 575,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 2,177,570,000 3 $ 1,075,000
Acrisure Mortgage, LLC
189 S ORANGE AVE STE 970
ORLANDO, FL 32801
* $ -1,000 3 $ 785,000
Columbia Bank
5885 MEADOWS RD SUITE 400
LAKE OSWEGO, OR 97035
* $ 28,816,687,000 3 $ 835,000
Pacific Residential Mortgage, LLC
4949 MEADOWS ROAD SUITE 350
LAKE OSWEGO, OR 97035
* $ -1,000 3 $ 565,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 3 $ 635,000
Meridian Bank
9 OLD LINCOLN HIGHWAY
MALVERN, PA 19355
* $ 1,149,979,000 2 $ 850,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,453,998,000,000 2 $ 740,000
Finance of America Commercial LLC
6230 FAIRVIEW ROAD, SUITE 300
CHARLOTTE, NC 28210
* $ -1,000 2 $ 610,000
Amres Corporation
1 NESHAMINY INTERPLEX, SUITE 310
TREVOSE, PA 19053
* $ -1,000 2 $ 510,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 2,186,056,000 2 $ 410,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 187,526,000 2 $ 390,000
Paramount Bank
90 VILLAGE SQUARE SHOPPING CENTER
HAZELWOOD, MO 63042
* $ 104,250,000 2 $ 460,000
Dominion Financial Services, LLC
1029 N CALVERT ST
BALTIMORE, MD 21202
* $ -1,000 2 $ 400,000
Intercap Lending Inc
910 EAST 6600 SOUTH
SALT LAKE CITY, UT 84121
* $ -1,000 2 $ 930,000
Silver Hill Funding
4425 PONCE DE LEON BLVD
CORAL GABLES, FL 33146
* $ -1,000 2 $ 1,120,000
Spirit of Alaska Federal Credit Union
1417 GILLAM WAY
FAIRBANKS, AK 99701
* $ 159,141,000 2 $ 550,000
Denali State Bank
119 N. CUSHMAN ST.
FAIRBANKS, AK 99701
* $ 295,885,000 2 $ 850,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 42,074,066,000 2 $ 820,000
Intercontinental Capital Group, Inc
50 JERICHO QUADRANGLE, SUITE 210
JERICHO, NY 11753
* $ -1,000 2 $ 510,000
Susser Bank
500 HARWOOD ROAD
BEDFORD, TX 76021
* $ 973,107,000 1 $ 315,000
Florida Capital Bank, N.A
10151 DEERWOOD PARK BLVD. BLDG. 100 #200
JACKSONVILLE, FL 32256
* $ 496,400,000 1 $ 275,000
First National Bank
125 WEST SIOUX AVE
PIERRE, SD 57501
* $ 1,330,030,000 1 $ 305,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 461,256,000,000 1 $ 85,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ -1,000 1 $ 275,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 83,036,000,000 1 $ 775,000
Cache Valley Bank
101 NORTH MAIN
LOGAN, UT 84321
* $ 1,407,956,000 1 $ 515,000
Lument Real Estate Capital
10 W BROAD STREET, 8TH FLOOR
COLUMBUS, OH 43215
* $ -1,000 1 $ 6,985,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ -1,000 1 $ 295,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ 11,550,782,000 1 $ 295,000
Weststar Mortgage Corporation
6363 NORTH STATE HIGHWAY 161
ALBUQUERQUE, NM 87113
* $ -1,000 1 $ 245,000
Assemblies of God Credit Union
1535 N CAMPBELL AVE
SPRINGFIELD, MO 65803
* $ 184,955,000 1 $ 265,000
First Federal Bank of Kansas City
6900 EXECUTIVE DR
KANSAS CITY, MO 64120
* $ 791,565,000 1 $ 295,000
James B. Nutter & Company
4153 BROADWAY
KANSAS CITY, MO 64111
* $ -1,000 1 $ 225,000
Homestreet Bank
601 UNION STREET 2000 TWO UNION SQUARE
SEATTLE, WA 98101
* $ 6,771,304,000 1 $ 295,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 7,658,628,000 1 $ 245,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 1 $ 135,000
Reverse Mortgage Funding LLC
1455 BROAD ST., 2ND FL
BLOOMFIELD, NJ 07003
* $ -1,000 1 $ 225,000
Agwest Farm Credit, Flca
2001 SOUTH FLINT ROAD
SPOKANE, WA 99224
* $ -1,000 1 $ 255,000
Arc Home LLC

MOORESTOWN, NJ 08057
* $ -1,000 1 $ 185,000
Weichert Financial Services
225 LITTLETON ROAD
MORRIS PLAINS, NJ 07950
* $ -1,000 1 $ 345,000
Bethpage Federal Credit Union
899 SOUTH OYSTER BAY ROAD
BETHPAGE, NY 11714
* $ 9,467,660,000 1 $ 35,000
Altabank
33 E MAIN
AMERICAN FORK, UT 84003
* $ 2,406,298,000 1 $ 505,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 3,921,403,000 1 $ 185,000
Fed Ex Employees Credit Association
2731 NONCONNAH BLVD
MEMPHIS, TN 38132
* $ 525,924,000 1 $ 15,000
Willamette Valley Bank
101 HIGH ST NE
SALEM, OR 97301
* $ 268,938,000 1 $ 305,000

The tables below break down 2020 mortgage applications in Matanuska-Susitna, AK by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Matanuska-Susitna, AK in 2020

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 4,500 $1,222,750,000 $271,000 $815,000 $111,000 $1,320,000
Home Purchase 3,792 $1,106,150,000 $291,000 $1,505,000 $104,000 $990,000
Cash-out Refinancing 1,378 $328,170,000 $238,000 $1,015,000 $108,000 $812,000
Not Applicable 288 $62,960,000 $218,000 $605,000 $0 $0
Other Purpose 206 $35,820,000 $173,000 $565,000 $116,000 $560,000
Home Improvement 166 $22,130,000 $133,000 $6,985,000 $110,000 $777,000

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 6,961 $1,856,175,000 $266,000 $1,505,000 $108,000 $1,269,000
Not Provided 1,363 $366,535,000 $268,000 $765,000 $114,000 $1,320,000
Not applicable 962 $271,690,000 $282,000 $6,985,000 $122,000 $809,000
American Indian or Alaskan Native 514 $131,180,000 $255,000 $825,000 $98,000 $681,000
Hispanic 278 $79,780,000 $286,000 $775,000 $97,000 $528,000
Black or African American 103 $30,455,000 $295,000 $785,000 $94,000 $450,000
Asian 101 $29,095,000 $288,000 $815,000 $95,000 $789,000
Native Hawaiian or Other Pacific Islander 31 $8,265,000 $266,000 $515,000 $80,000 $200,000

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) 5,210 $1,295,480,000 $248,000 $6,985,000 $119,000 $1,269,000
VA-guaranteed (Veterans Administration) 3,304 $1,030,870,000 $312,000 $1,505,000 $90,000 $1,320,000
FHA-insured (Federal Housing Administration) 1,476 $373,170,000 $252,000 $725,000 $80,000 $407,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 340 $78,460,000 $230,000 $405,000 $70,000 $202,000

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 5,378 $1,485,250,000 $276,000 $6,985,000 $107,000 $1,269,000
Loan Purchased By The Institution 2,010 $542,520,000 $269,000 $775,000 $112,000 $809,000
Application Withdrawn By Applicant 1,247 $333,555,000 $267,000 $1,015,000 $110,000 $1,320,000
Application Denied By Financial Institution 883 $209,315,000 $237,000 $1,505,000 $97,000 $990,000
File Closed For Incompleteness 499 $127,445,000 $255,000 $785,000 $104,000 $560,000
Application Approved But Not Accepted 283 $73,895,000 $261,000 $675,000 $112,000 $574,000
Preapproval Approved but not Accepted 16 $2,880,000 $180,000 $355,000 $131,000 $346,000
Preapproval Denied by Financial Institution 14 $3,120,000 $222,000 $425,000 $62,000 $118,000

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 9,430 $2,564,310,000 $271,000 $6,985,000 $109,000 $1,320,000
Debt-To-Income Ratio 213 $47,295,000 $222,000 $705,000 $76,000 $812,000
Credit History 196 $42,340,000 $216,000 $1,505,000 $101,000 $777,000
Credit Application Incomplete 166 $46,090,000 $277,000 $655,000 $115,000 $634,000
Other 123 $30,125,000 $244,000 $765,000 $120,000 $301,000
Collateral 120 $28,840,000 $240,000 $1,505,000 $101,000 $427,000
Unverifiable Information 33 $8,325,000 $252,000 $545,000 $97,000 $470,000
Employment History 27 $5,335,000 $197,000 $575,000 $94,000 $990,000
Insufficient Cash (Downpayment, Closing Cost) 21 $5,185,000 $246,000 $515,000 $80,000 $140,000
Mortgage Insurance Denied 1 $135,000 $135,000 $135,000 $55,000 $55,000

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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