Matanuska-Susitna, AK Mortgage Lenders & HMDA Data, 2024

In 2024, lenders reported 4,749 mortgage applications in Matanuska-Susitna, AK totaling $1.5 billion, up 13% from 2023. The average application was for $312,000, and applicants reported an average income of $136,000. 53% of applications resulted in an originated loan and 15% were denied. The most active lender was Global Federal Credit Union, with 618 applications, followed by Newrez LLC and Residential Mortgage, LLC.

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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 4,749
Total Mortgage Loan Application Amount $1,482,245,000
Average Mortgage Loan Application Amount $312,000
Highest Mortgage Loan Application Amount $3,065,000
Average Applicant Income $136,000
Highest Applicant Income $2,622,000

Mortgage Company List for Lending in Matanuska-Susitna, AK for 2024

* 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
Global Federal Credit Union
PO BOX 196850
ANCHORAGE, AK 99503
* $ n/a 618 $ 150,330,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 336 $ 128,240,000
Residential Mortgage, LLC
100 CALAIS DRIVE, SUITE 100
ANCHORAGE, AK 99503
* $ n/a 278 $ 106,290,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 214 $ 90,400,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 194 $ 84,310,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ n/a 188 $ 66,670,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 171 $ 66,235,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 155 $ 56,725,000
Matanuska Valley Federal Credit Union
1020 SOUTH BAILEY STREET
PALMER, AK 99645
* $ n/a 131 $ 26,725,000
Nuvision Federal Credit Union
7812 EDINGER AVENUE
HUNTINGTON BEACH, CA 92677
* $ n/a 112 $ 15,370,000
First National Bank Alaska
101 W 36TH AVE, STE 305
ANCHORAGE, AK 99501
* $ n/a 112 $ 38,990,000
The Loan Store, Inc

TUCSON, AZ 85718
* $ n/a 99 $ 29,205,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 89 $ 13,775,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 85 $ 31,655,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 84 $ 7,160,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 83 $ 25,215,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 79 $ 21,845,000
Canopy Mortgage, LLC
360 TECHNOLOGY COURT STE. 200
LINDON, UT 84003
* $ n/a 78 $ 28,670,000
Credit Union 1
1941 ABBOTT RD
ANCHORAGE, AK 99507
* $ n/a 62 $ 13,290,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 58 $ 15,090,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ n/a 57 $ 11,005,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 55 $ 5,025,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 53 $ 20,595,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ n/a 53 $ 3,905,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 52 $ 20,980,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 47 $ 14,435,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 46 $ 6,200,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 44 $ 13,250,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ n/a 44 $ 14,760,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 41 $ 17,205,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ n/a 40 $ 12,710,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ n/a 39 $ 11,735,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 38 $ 14,680,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 34 $ 7,890,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ n/a 33 $ 12,755,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 27 $ 7,935,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 24 $ 5,790,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 22 $ 8,600,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ n/a 21 $ 7,015,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ n/a 21 $ 5,605,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 20 $ 7,230,000
Flagstar Bank NA

TROY, MI 49098
* $ n/a 20 $ 7,490,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ n/a 20 $ 7,640,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 18 $ 4,730,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ n/a 16 $ 5,340,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 16 $ 4,280,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ n/a 15 $ 6,695,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ n/a 14 $ 5,090,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ n/a 13 $ 5,425,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ n/a 13 $ 5,435,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 12 $ 4,110,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ n/a 12 $ 4,350,000
Geneva Financial LLC
180 S ARIZONA AVE STE 310
CHANDLER, AZ 85225
* $ n/a 11 $ 3,405,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ n/a 11 $ 5,185,000
True North Federal Credit Union
2777 POSTAL WAY
JUNEAU, AK 99801
* $ n/a 11 $ 2,255,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ n/a 10 $ 4,250,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ n/a 10 $ 910,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 9 $ 9,345,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ n/a 8 $ 2,500,000
Mission Loans, LLC

IRVINE, CA 92612
* $ n/a 8 $ 3,630,000
Horizon Bank
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ n/a 7 $ 3,435,000
Loanunited.Com, LLC
3235 SATELLITE BLVD SUITE 314
DULUTH, GA 30096
* $ n/a 7 $ 3,175,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ n/a 7 $ 2,415,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ n/a 7 $ 1,965,000
Fourleaf Federal Credit Union
899 SOUTH OYSTER BAY ROAD
BETHPAGE, NY 11714
* $ n/a 6 $ 880,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 6 $ 1,680,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ n/a 6 $ 1,620,000
Quorum Federal Credit Union
2500 WESTCHESTER AVENUE
PURCHASE, NY 10577
* $ n/a 6 $ 1,120,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ n/a 6 $ 4,320,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ n/a 5 $ 1,875,000
Citibank, NA

NEW YORK, NY 10012
* $ n/a 5 $ 1,905,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ n/a 5 $ 2,385,000
City 1st Mortgage Services, Lc
750 S. MAIN SUITE 104
BOUNTIFUL, UT 84010
* $ n/a 5 $ 2,235,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ n/a 5 $ 2,065,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ n/a 5 $ 1,615,000
Nexera Holding LLC
2200 POWELL STREET SUITE 340
EMERYVILLE, CA 94608
* $ n/a 4 $ 1,450,000
Armed Forces Bank, N.A.
320 KANSAS AVENUE
FORT LEAVENWORTH, KS 66027
* $ n/a 4 $ 1,470,000
Ocmbc, Inc.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ n/a 4 $ 840,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ n/a 4 $ 1,330,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ n/a 4 $ 1,180,000
Homexpress Mortgage Corp.
1936 E DEERE AVE SUITE 200
SANTA ANA, CA 92705
* $ n/a 4 $ 1,380,000
Deephaven Mortgage LLC
3530 TORINGDON WAY #200
CHARLOTTE, NC 28277
* $ n/a 4 $ 1,600,000
Servbank, N.A.
3201 ORCHARD RD
OSWEGO, IL 60543
* $ n/a 3 $ 965,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ n/a 3 $ 365,000
Nexbank
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ n/a 3 $ 995,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ n/a 3 $ 1,055,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ n/a 3 $ 1,235,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ n/a 3 $ 1,155,000
Data Mortgage, Inc

OCALA, FL 34475
* $ n/a 3 $ 935,000
Georgia's Own Credit Union
100 PEACHTREE ST NW
100 PEACHTREE ST. NW 2800, GA 30303
* $ n/a 2 $ 310,000
Bay-Valley Mortgage Group
23320 FOOTHILL BLVD, SUITE 260
HAYWARD, CA 94541
* $ n/a 2 $ 690,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ n/a 2 $ 240,000
Nqm Funding, LLC
E, 4800 N FEDERAL HWY #200
BOCA RATON, FL 33431
* $ n/a 2 $ 1,690,000
Gte Federal Credit Union
711 E HENDERSON AVENUE
TAMPA, FL 33602
* $ n/a 2 $ 200,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ n/a 2 $ 260,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ n/a 2 $ 710,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ n/a 2 $ 360,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ n/a 2 $ 440,000
Truity Federal Credit Union
501 S JOHNSTONE
BARTLESVILLE, OK 74003
* $ n/a 2 $ 880,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 2 $ 290,000
Rpe Home, Inc
1312 17TH STREET SUITE 71618
DENVER, CO 80202
* $ n/a 2 $ 570,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ n/a 2 $ 1,000,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ n/a 2 $ 340,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ n/a 1 $ 445,000
Merchants Capital Corp.
11555 NORTH MERIDIAN STREET, SUITE 400
CARMEL, IN 46032
* $ n/a 1 $ 3,065,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ n/a 1 $ 55,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ n/a 1 $ 505,000
Spirit of Alaska Federal Credit Union
1417 GILLAM WAY
FAIRBANKS, AK 99701
* $ n/a 1 $ 205,000
First Bank & Trust
520 6TH STREET
BROOKINGS, SD 57006
* $ n/a 1 $ 175,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ n/a 1 $ 185,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ n/a 1 $ 375,000
Velocity Commercial Capital LLC
2945 TOWNSGATE ROAD SUITE 110
WESTLAKE VILLAGE, CA 91361
* $ n/a 1 $ 555,000
Agwest Farm Credit, Flca
2001 SOUTH FLINT ROAD
SPOKANE, WA 99224
* $ n/a 1 $ 105,000
Sage Home Loans Corporation
1423 RED VENTURES DRIVE SUITE 201
FORT MILL, SC 29707
* $ n/a 1 $ 285,000
Teachers Federal Credit Union
102 MOTOR PARKWAY
HAUPPAUGE, NY 11788
* $ n/a 1 $ 75,000
First National Bank of Omaha
1620 DODGE STREET
OMAHA, NE 68197
* $ n/a 1 $ 365,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 1 $ 215,000
Tristar Finance, Inc.
5209 LAKE WASHINGTON BLVD NE #220
KIRKLAND, WA 98033
* $ n/a 1 $ 495,000
Academy Bank, N.A.
8551 NORTH BOARDWALK AVE
KANSAS CITY, MO 64106
* $ n/a 1 $ 575,000
Cache Valley Bank
101 NORTH MAIN
LOGAN, UT 84321
* $ n/a 1 $ 455,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ n/a 1 $ 505,000
Roundpoint Mortgage Servicing LLC
446 WRENPLACE ROAD
FORT MILL, SC 29715
* $ n/a 1 $ 245,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ n/a 1 $ 415,000
Arbor Realty Trust, Inc.
333 EARLE OVINGTON BLVD., SUITE 900
UNIONDALE, NY 11553
* $ n/a 1 $ 2,095,000
Directors Mortgage, Inc
4550 SW KRUSE WAY, SUITE 275
LAKE OSWEGO, OR 97035
* $ n/a 1 $ 475,000
Arvest Bank

TULSA, OK 74103
* $ n/a 1 $ 255,000
Texana Bank
124 E RUSH ST
LINDEN, TX 75563
* $ n/a 1 $ 415,000
Truhome Solutions, LLC
9601 LEGLER ROAD
LENEXA, KS 66219
* $ n/a 1 $ 305,000
Hometown Equity Mortgage, LLC
25531 COMMERCENTRE DRIVE SUITE 250
LAKE FOREST, CA 92630
* $ n/a 1 $ 355,000
Pinnacle Bank
150 3RD AVE SOUTH
NASHVILLE, TN 37203
* $ n/a 1 $ 425,000
Servis One, Inc
4200 REGENT BLVD SUIT B200
IRVING, TX 75063
* $ n/a 1 $ 335,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ n/a 1 $ 495,000
Amwest Funding Corp
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ n/a 1 $ 185,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ n/a 1 $ 815,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ n/a 1 $ 505,000
Conventus Lending LLC
111 POTRERO AVE
SAN FRANCISCO, CA 94104
* $ n/a 1 $ 235,000
Weststar Mortgage Corporation
6363 NORTH STATE HIGHWAY 161
ALBUQUERQUE, NM 87113
* $ n/a 1 $ 135,000
Valon Mortgage
14647 S 50TH ST, STE A150
PHOENIX, AZ 85044
* $ n/a 1 $ 395,000
Chickasaw Community Bank
909 S MERIDIAN AVE
OKLAHOMA CITY, OK 73142
* $ n/a 1 $ 355,000
Genway Home Mortgage, Inc.
3211 INTERNET BOULEVARD, SUITE 300
FRISCO, TX 75034
* $ n/a 1 $ 345,000
Ally Bank

CHARLOTTE, NC 28202
* $ n/a 1 $ 395,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ n/a 1 $ 385,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ n/a 1 $ 415,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ n/a 1 $ 125,000
Loan Funder LLC
645 MADISON AVENUE, 19TH FLOOR
NEW YORK, NY 10022
* $ n/a 1 $ 425,000

The tables below break down 2024 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 2024

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 2,540 $985,590,000 $388,000 $1,875,000 $143,000 $2,044,000
Cash-out Refinancing 844 $219,860,000 $260,000 $2,875,000 $128,000 $2,622,000
Other Purpose 544 $60,930,000 $112,000 $2,995,000 $126,000 $1,099,000
Refinancing 484 $183,950,000 $380,000 $3,065,000 $128,000 $1,200,000
Home Improvement 333 $31,635,000 $95,000 $405,000 $131,000 $1,084,000
Not Applicable 4 $280,000 $70,000 $115,000 $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 2,989 $902,805,000 $302,000 $2,995,000 $137,000 $2,622,000
Not Provided 656 $204,290,000 $311,000 $1,185,000 $142,000 $2,044,000
Not applicable 487 $183,705,000 $377,000 $3,065,000 $127,000 $215,000
American Indian or Alaskan Native 253 $69,575,000 $275,000 $925,000 $115,000 $500,000
Hispanic 213 $69,095,000 $324,000 $995,000 $120,000 $406,000
Asian 70 $24,460,000 $349,000 $725,000 $154,000 $556,000
Black or African American 57 $21,845,000 $383,000 $1,045,000 $144,000 $916,000
Native Hawaiian or Other Pacific Islander 24 $6,470,000 $269,000 $845,000 $118,000 $367,000

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) 2,727 $686,005,000 $251,000 $3,065,000 $146,000 $2,622,000
VA-guaranteed (Veterans Administration) 1,314 $558,390,000 $424,000 $1,875,000 $130,000 $956,000
FHA-insured (Federal Housing Administration) 674 $227,150,000 $337,000 $975,000 $106,000 $482,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 34 $10,700,000 $314,000 $505,000 $100,000 $153,000

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 2,529 $832,695,000 $329,000 $3,065,000 $140,000 $2,044,000
Application Denied By Financial Institution 696 $152,520,000 $219,000 $2,875,000 $118,000 $2,622,000
Application Withdrawn By Applicant 664 $218,220,000 $328,000 $2,995,000 $140,000 $1,953,000
Loan Purchased By The Institution 495 $180,625,000 $364,000 $1,045,000 $141,000 $719,000
File Closed For Incompleteness 203 $50,265,000 $247,000 $1,165,000 $133,000 $1,084,000
Application Approved But Not Accepted 150 $43,220,000 $288,000 $695,000 $135,000 $720,000
Preapproval Approved but not Accepted 11 $4,615,000 $419,000 $635,000 $152,000 $344,000
Preapproval Denied by Financial Institution 1 $85,000 $85,000 $85,000 $98,000 $98,000

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 4,051 $1,326,575,000 $327,000 $2,995,000 $139,000 $2,044,000
Debt-To-Income Ratio 190 $47,370,000 $249,000 $3,065,000 $86,000 $367,000
Credit History 162 $27,960,000 $172,000 $705,000 $115,000 $500,000
Collateral 125 $32,085,000 $256,000 $2,875,000 $178,000 $2,622,000
Credit Application Incomplete 106 $20,000,000 $188,000 $925,000 $126,000 $1,464,000
Other 68 $14,930,000 $219,000 $1,105,000 $119,000 $406,000
Unverifiable Information 23 $6,455,000 $280,000 $745,000 $130,000 $436,000
Employment History 12 $3,260,000 $271,000 $725,000 $139,000 $420,000
Insufficient Cash (Downpayment, Closing Cost) 12 $3,610,000 $300,000 $545,000 $90,000 $148,000
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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