Maui County, HI Mortgage Lenders & HMDA Data, 2009

In 2009, lenders reported 8,943 mortgage applications in Maui County, HI totaling $3.6 billion, up 17% from 2008. The average application was for $407,000, and applicants reported an average income of $156,000. 47% of applications resulted in an originated loan and 18% were denied. The most active lender was Bank of America, N.A., with 1,257 applications, followed by Wells Fargo Bank, NA and First Hawaiian Bank.

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Total Number of Mortgage Applications 8,943
Total Mortgage Loan Application Amount $3,646,185,000
Average Mortgage Loan Application Amount $407,000
Highest Mortgage Loan Application Amount $17,868,000
Average Applicant Income $156,000
Highest Applicant Income $9,999,000
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Top Mortgage Lenders in Maui County, HI (2009)

Ranked by the number of mortgage applications each lender reported in Maui County, HI in 2009.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Bank of America, N.A.
Calabasas, CA
1,257 $504,760,000 $401,000 $146,000
2 Wells Fargo Bank, NA
Des Moines, IA
1,237 $576,249,000 $465,000 $232,000
3 First Hawaiian Bank
Honolulu, HI
660 $270,802,000 $410,000 $180,000
4 Countrywide Bank FSB
Westlake Village, CA
632 $225,838,000 $357,000 $121,000
5 Central Pacific Homeloans
Honolulu, HI
429 $164,517,000 $383,000 $128,000
6 Bank of Hawaii
Kapolei, HI
363 $136,301,000 $375,000 $161,000
7 Homestreet Bank
Seattle, WA
328 $108,043,000 $329,000 $77,000
8 Wells Fargo Home Mortg Hawaii
Winston-Salem, NC
327 $123,963,000 $379,000 $131,000
9 Citibank, N.A.
New York, NY
288 $104,153,000 $361,000 $284,000
10 American Savings Bank
Honolulu, HI
247 $82,986,000 $335,000 $117,000

See every lender active in Maui County, HI in 2009 »

The tables below break down 2009 mortgage applications in Maui County, HI by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Maui County, HI in 2009

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 6,318 $2,516,533,000 $398,000 $17,868,000 $139,000 $9,999,000
Home Purchase 2,192 $983,746,000 $448,000 $7,650,000 $212,000 $6,984,000
Home Improvement 433 $145,906,000 $336,000 $2,170,000 $116,000 $1,620,000

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 4,192 $1,785,300,000 $425,000 $4,800,000 $189,000 $9,999,000
Asian 1,673 $597,944,000 $357,000 $2,900,000 $106,000 $1,528,000
Not Provided 1,122 $513,612,000 $457,000 $3,800,000 $204,000 $6,984,000
Native Hawaiian or Other Pacific Islander 844 $271,090,000 $321,000 $998,000 $88,000 $2,474,000
Not applicable 820 $367,096,000 $447,000 $17,868,000 $109,000 $7,804,000
Hispanic 206 $76,367,000 $370,000 $1,691,000 $122,000 $1,992,000
American Indian or Alaskan Native 46 $17,982,000 $390,000 $626,000 $111,000 $455,000
Black or African American 40 $16,794,000 $419,000 $1,024,000 $115,000 $295,000

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) 7,910 $3,261,569,000 $412,000 $17,868,000 $166,000 $9,999,000
FHA-insured (Federal Housing Administration) 840 $305,704,000 $363,000 $935,000 $80,000 $823,000
VA-guaranteed (Veterans Administration) 149 $64,083,000 $430,000 $998,000 $70,000 $282,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 44 $14,829,000 $337,000 $576,000 $65,000 $103,000

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 4,169 $1,660,377,000 $398,000 $5,617,000 $161,000 $9,999,000
Application Denied By Financial Institution 1,609 $713,071,000 $443,000 $3,257,000 $174,000 $6,921,000
Loan Purchased By The Institution 1,579 $606,997,000 $384,000 $17,868,000 $112,000 $7,804,000
Application Withdrawn By Applicant 881 $374,513,000 $425,000 $3,000,000 $171,000 $6,164,000
Application Approved But Not Accepted 555 $229,335,000 $413,000 $4,800,000 $178,000 $4,950,000
File Closed For Incompleteness 150 $61,892,000 $412,000 $7,650,000 $125,000 $2,000,000
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 561 $247,733,000 $441,000 $3,257,000 $229,000 $4,400,000
Debt-To-Income Ratio 382 $174,562,000 $456,000 $3,100,000 $105,000 $1,620,000
Other 173 $84,115,000 $486,000 $3,200,000 $210,000 $2,495,000
Credit Application Incomplete 116 $56,455,000 $486,000 $3,000,000 $249,000 $6,921,000
Credit History 85 $34,361,000 $404,000 $3,000,000 $132,000 $1,594,000
Unverifiable Information 72 $29,545,000 $410,000 $2,020,000 $170,000 $2,502,000
Insufficient Cash (Downpayment, Closing Cost) 18 $8,524,000 $473,000 $1,025,000 $147,000 $491,000
Employment History 8 $3,094,000 $386,000 $693,000 $81,000 $306,000
Mortgage Insurance Denied 4 $1,444,000 $361,000 $527,000 $162,000 $442,000

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.

Download the Hawaii Lender List