McCone County, MT Mortgage Lenders & HMDA Data, 2012

In 2012, lenders reported 17 mortgage applications in McCone County, MT totaling $2.3 million, down 41% from 2011. The average application was for $136,000, and applicants reported an average income of $62,000. 35% of applications resulted in an originated loan and 29% were denied. The most active lender was Wells Fargo Bank NA, with 6 applications, followed by Stockman Bank of Montana and Guild Mortgage Company.

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Total Number of Mortgage Applications 17
Total Mortgage Loan Application Amount $2,323,000
Average Mortgage Loan Application Amount $136,000
Highest Mortgage Loan Application Amount $308,000
Average Applicant Income $62,000
Highest Applicant Income $142,000

Mortgage Company List for Lending in McCone County, MT for 2012

* 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
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,161,490,000,000 6 $ 587,000
Stockman Bank of Montana
700 MAIN STREET
MILES CITY, MT 59301
* $ 2,132,797,000 6 $ 856,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 1 $ 160,000
Agwest Farm Credit, Flca
2001 SOUTH FLINT ROAD
SPOKANE, WA 99224
* $ 4,658,882,000 1 $ 62,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 15,056,671,000 1 $ 224,000
Viewpoint Bank, N.A.
1309 W 15TH, SUITE 302
PLANO, TX 75075
* $ 3,179,743,000 1 $ 274,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 240,651,000 1 $ 160,000

The tables below break down 2012 mortgage applications in McCone County, MT by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for McCone County, MT in 2012

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 12 $1,604,000 $133,000 $308,000 $65,000 $142,000
Home Purchase 4 $529,000 $132,000 $274,000 $50,000 $116,000
Home Improvement 1 $190,000 $190,000 $190,000 $72,000 $72,000

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 16 $2,015,000 $125,000 $274,000 $66,000 $142,000
Not applicable 1 $308,000 $308,000 $308,000 $0 $0
Not Provided 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0

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) 16 $2,049,000 $128,000 $308,000 $59,000 $142,000
FHA-insured (Federal Housing Administration) 1 $274,000 $274,000 $274,000 $116,000 $116,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans 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 6 $832,000 $138,000 $308,000 $75,000 $142,000
Application Denied By Financial Institution 5 $578,000 $115,000 $190,000 $68,000 $100,000
Application Withdrawn By Applicant 4 $600,000 $150,000 $224,000 $29,000 $73,000
Application Approved But Not Accepted 1 $39,000 $39,000 $39,000 $39,000 $39,000
Loan Purchased By The Institution 1 $274,000 $274,000 $274,000 $116,000 $116,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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 3 $412,000 $137,000 $190,000 $68,000 $87,000
Unverifiable Information 1 $16,000 $16,000 $16,000 $35,000 $35,000
Credit History 1 $150,000 $150,000 $150,000 $100,000 $100,000
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Credit Application Incomplete 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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