McDonald County, MO Mortgage Lenders & HMDA Data, 2021

In 2021, lenders reported 1,059 mortgage applications in McDonald County, MO totaling $156.0 million, up 18% from 2020. The average application was for $147,000, and applicants reported an average income of $73,000. 46% of applications resulted in an originated loan and 20% were denied. The most active lender was Arvest Bank, with 131 applications, followed by Vanderbilt Mortgage and Finance, Inc and First Community Bank.

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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 1,059
Total Mortgage Loan Application Amount $155,995,000
Average Mortgage Loan Application Amount $147,000
Highest Mortgage Loan Application Amount $785,000
Average Applicant Income $73,000
Highest Applicant Income $1,656,000

Mortgage Company List for Lending in McDonald County, MO for 2021

* 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
Arvest Bank

TULSA, OK 74103
* $ 19,445,554,000 131 $ 14,175,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 80 $ 8,850,000
First Community Bank
1325 HARRISON STREET
BATESVILLE, AR 72501
* $ 1,521,073,000 64 $ 9,030,000
Flat Branch Mortgage, Inc.
101 S. FIFTH STREET, STE 200
COLUMBIA, MO 65201
* $ -1,000 57 $ 8,405,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 44 $ 3,640,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 29 $ 3,855,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 27 $ 2,935,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 25 $ 3,935,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 23 $ 2,315,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 22 $ 3,290,000
Southwest Missouri Bank
300 WEST THIRD STREET
CARTHAGE, MO 64836
* $ 795,891,000 19 $ 2,365,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,747,398,000,000 18 $ 2,780,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 1,498,327,000 17 $ 3,295,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 16 $ 3,500,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 15 $ 2,905,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 13 $ 2,355,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 13 $ 2,335,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 12 $ 2,400,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 12 $ 1,630,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 12 $ 1,600,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 11 $ 2,385,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 10 $ 2,520,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 10 $ 1,630,000
Community Bank and Trust
100 SOUTH WOOD ST
NEOSHO, MO 64850
* $ 310,468,000 10 $ 870,000
Guaranty Bank
1341 W BATTLEFIELD
SPRINGFIELD, MO 65807
* $ 1,010,051,000 9 $ 1,615,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 8 $ 2,200,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 7 $ 835,000
Highlands Residential Mortgage, Ltd.
950 W BETHANY DR STE 800
ALLEN, TX 75013
* $ -1,000 7 $ 1,915,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 7 $ 1,515,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 6 $ 590,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 98,729,134,000 6 $ 270,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 6 $ 870,000
Great Southern Bank
218 S GLENSTONE AVE
SPRINGFIELD, MO 65802
* $ 5,014,991,000 6 $ 1,080,000
Firsttrust Home Loans
906 SOUTH ROCK ST.
SHERIDAN, AR 72150
* $ -1,000 5 $ 545,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 5 $ 735,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 5 $ 645,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 4,694,690,000 5 $ 595,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 42,074,066,000 5 $ 765,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 5 $ 585,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 4 $ 1,050,000
First Western Mortgage
80 W MAIN ST
BOONEVILLE, AR 72927
* $ -1,000 4 $ 1,370,000
Equity Bank
7701 E KELLOGG STE 100
WICHITA, KS 67207
* $ 3,946,120,000 4 $ 820,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 4 $ 1,210,000
United Federal Credit Union
2807 SOUTH STATE ST
ST. JOSEPH, MI 49085
* $ 2,877,075,000 4 $ 430,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ 43,126,164,000 4 $ 480,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 4 $ 470,000
Simmons Bank
501 MAIN
PINE BLUFF, AR 71601
* $ 17,659,319,000 4 $ 760,000
Freedom Bank of Southern Missouri
P O BOX 309
CASSVILLE, MO 65625
* $ 292,218,000 4 $ 450,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 3 $ 325,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 3 $ 625,000
Eagle Bank and Trust Company
650 SOUTH SHACKLEFORD SUITE 150 P O BOX 22120
LITTLE ROCK, AR 72211
* $ 397,795,000 3 $ 335,000
Bank of Little Rock Mortgage Corporation
15909 CANTRELL ROAD
LITTLE ROCK, AR 72223
* $ -1,000 3 $ 445,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 3 $ 375,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 3 $ 495,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 3 $ 385,000
United Bank
2600 SOUTH THOMPSON
SPRINGDALE, AR 72764
* $ 202,197,000 3 $ 335,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 3 $ 485,000
Gershman Investment Corp.
16253 SWINGLEY RIDGE ROAD, SUITE 400
CHESTERFIELD, MO 63017
* $ -1,000 3 $ 985,000
Midwest Mortgage Associates Corp
5333 NORTH UNION BLVD - SUITE 100
COLORADO SPRINGS, CO 80918
* $ -1,000 3 $ 445,000
The Farmers & Merchants Bank
708 S MAIN ST
STUTTGART, AR 72160
* $ 1,493,989,000 3 $ 405,000
Bank Ozk
PO BOX 8811
LITTLE ROCK, AR 72231
* $ 23,559,400,000 3 $ 185,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 3 $ 805,000
People's Bank of Seneca
PO BOX 500
SENECA, MO 64865
* $ 238,507,000 3 $ 385,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 3 $ 725,000
Legacy National Bank
4055 W SUNSET
P O BOX 6490, AR 72766
* $ 547,146,000 3 $ 675,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 3 $ 425,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 3 $ 1,245,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 3 $ 295,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 3 $ 685,000
Commerce Bank
922 WALNUT, TB 12-1
KANSAS CITY, MO 64106
* $ 25,955,469,000 3 $ 805,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 123,325,220,000 3 $ 475,000
Chickasaw Community Bank
909 S MERIDIAN AVE
OKLAHOMA CITY, OK 73142
* $ 198,963,000 3 $ 415,000
United Built Homes, LLC
8500 LINE AVE
SHREVEPORT, LA 71106
* $ -1,000 2 $ 440,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 2 $ 220,000
First National Bank of Fort Smith
602 GARRISON AVE
FORT SMITH, AR 72901
* $ 1,353,866,000 2 $ 370,000
Mece Credit Union
2722 E MCCARTY
JEFFERSON CITY, MO 65102
* $ 208,018,000 2 $ 310,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 2 $ 600,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 604,528,000 2 $ 520,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 2 $ 130,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 2 $ 550,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,002,264,000 2 $ 270,000
Cadence Bank
P O BOX 789
TUPELO, MS 38804
* $ 21,061,188,000 2 $ 340,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 191,043,000 2 $ 450,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 2 $ 200,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 464,504,000 2 $ 610,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 2 $ 370,000
Anstaff Bank
PO BOX 1900
GREEN FOREST, AR 72638
* $ 715,939,000 2 $ 210,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 2 $ 390,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 2 $ 150,000
First Western Bank
401 W WALNUT ST
ROGERS, AR 72756
* $ 462,196,000 2 $ 360,000
Endeavor Capital, LLC
14897 CLAYTON ROAD
CHESTERFIELD, MO 63017
* $ -1,000 2 $ 380,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 350,000
Members Mortgage Services, LLC
200 E 1ST AVE
HUTCHINSON, KS 67501
* $ -1,000 2 $ 310,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 2 $ 400,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 2 $ 220,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 833,228,000 2 $ 370,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 32,529,274,000 1 $ 75,000
First Financial Bank
214 N WASHINGTON STREET
EL DORADO, AR 71730
* $ 1,416,850,000 1 $ 315,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 1 $ 335,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 175,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,131,130,000 1 $ 105,000
Generations Bank
1325 HWY 278 BYPASS
ROGERS, AR 72758
* $ 527,434,000 1 $ 165,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 1 $ 275,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 1 $ 135,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 1 $ 205,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 1 $ 135,000
Southern Bank
531 VINE ST
POPLAR BLUFF, MO 63901
* $ 2,298,764,000 1 $ 45,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 1 $ 135,000
Mortgage Investment Services Corporation
22316 MIDLAND DRIVE
SHAWNEE, KS 66226
* $ -1,000 1 $ 125,000
Ally Bank

CHARLOTTE, NC 28202
* $ 167,492,000,000 1 $ 185,000
Arkansas Federal Credit Union
17500 CANTRELL
LITTLE ROCK, AR 72223
* $ 1,286,507,000 1 $ 655,000
The Central Trust Bank
238 MADISON ST.
JEFFERSON CITY, MO 65101
* $ 2,678,315,000 1 $ 135,000
Triumph Bank
1780 MORIAH WOODS BLVD., SUITE 4
MEMPHIS, TN 38117
* $ 837,096,000 1 $ 235,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 1 $ 135,000
Tib, National Association
11701 LUNA ROAD
FARMERS BRANCH, TX 75234
* $ 2,712,795,000 1 $ 75,000
Farm Credit Services of Western Arkansas
3115 WEST SECOND COURT
RUSSELLVILLE, AR 72802
* $ -1,000 1 $ 65,000
Signature Bank of Arkansas
3878 N CROSSOVER ROAD STE 20
FAYETTEVILLE, AR 72703
* $ 701,538,000 1 $ 275,000
Fcs Financial Flca
1930 E MILLER ST
JEFFERSON CITY, MO 65101
* $ -1,000 1 $ 105,000
Pinnacle Bank
20544 HWY 370
LINCOLN, NE 68508
* $ 5,333,783,000 1 $ 95,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 185,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 1 $ 365,000
Encore Bank
1801 RAHLING RD
LITTLE ROCK, AR 72223
* $ -1,000 1 $ 185,000
Cornerstone Home Lending, Inc.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ -1,000 1 $ 135,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ 2,354,874,000 1 $ 145,000
Studio Bank
124 12TH AVE S #400
NASHVILLE, TN 37203
* $ -1,000 1 $ 345,000
Quorum Federal Credit Union
2500 WESTCHESTER AVENUE
PURCHASE, NY 10577
* $ 841,254,000 1 $ 35,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 24,774,361,000 1 $ 115,000
Celebrity Home Loans, LLC
2001 SPRING RD SUITE 100
OAK BROOK, IL 60523
* $ -1,000 1 $ 425,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 346,188,000 1 $ 25,000
Mid-Missouri Bank
3546 EAST SUNSHINE
SPRINGFIELD, MO 65804
* $ 652,355,000 1 $ 115,000
Centennial Bank
PO BOX 966
ARKANSAS, AR 72033
* $ 15,015,801,000 1 $ 55,000
First Home Bank
9190 SEMINOLE BLVD
SEMINOLE, FL 33772
* $ 531,151,000 1 $ 105,000
Intercontinental Capital Group, Inc
50 JERICHO QUADRANGLE, SUITE 210
JERICHO, NY 11753
* $ -1,000 1 $ 185,000
Priority Bank
3401 E MISSION BLVD
FAYETTEVILLE, AR 72703
* $ 92,843,000 1 $ 245,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 265,000
Peoples Community Bank
PO BOX 350
GREENVILLE, MO 63944
* $ 489,241,000 1 $ 105,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ -1,000 1 $ 115,000
Geneva Financial LLC
180 S ARIZONA AVE STE 310
CHANDLER, AZ 85225
* $ -1,000 1 $ 235,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 545,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 1 $ 45,000
Transportation Federal Credit Union
1600 CAMERON STREET
ALEXANDRIA, VA 22314
* $ 242,456,000 1 $ 75,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 7,658,628,000 1 $ 505,000
Community First National Bank
215 S SETH CHILD RD
MANHATTAN, KS 66502
* $ 292,682,000 1 $ 135,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,432,105,000 1 $ 85,000
Jefferson Financial Federal Credit Union

BILOXI, MS 39531
* $ 882,183,000 1 $ 185,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 1 $ 145,000
Thrive Mortgage, LLC
4819 WILLIAMS DRIVE
CARROLLTON, TX 78633
* $ -1,000 1 $ 265,000

The tables below break down 2021 mortgage applications in McDonald County, MO by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for McDonald County, MO in 2021

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 488 $72,650,000 $148,000 $785,000 $66,000 $336,000
Refinancing 285 $44,695,000 $156,000 $545,000 $77,000 $340,000
Cash-out Refinancing 213 $33,695,000 $158,000 $555,000 $76,000 $410,000
Other Purpose 36 $2,610,000 $72,000 $345,000 $64,000 $260,000
Home Improvement 34 $2,120,000 $62,000 $195,000 $135,000 $1,656,000
Not Applicable 3 $225,000 $75,000 $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 765 $109,895,000 $143,000 $545,000 $75,000 $1,656,000
Not Provided 108 $17,790,000 $164,000 $555,000 $76,000 $260,000
Not applicable 101 $17,705,000 $175,000 $785,000 $89,000 $98,000
Hispanic 41 $4,535,000 $110,000 $335,000 $52,000 $195,000
American Indian or Alaskan Native 33 $4,775,000 $144,000 $315,000 $67,000 $163,000
Asian 6 $610,000 $101,000 $155,000 $48,000 $58,000
Black or African American 2 $390,000 $195,000 $225,000 $70,000 $89,000
Native Hawaiian or Other Pacific Islander 2 $200,000 $100,000 $105,000 $122,000 $131,000

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) 757 $107,885,000 $142,000 $785,000 $79,000 $1,656,000
FHA-insured (Federal Housing Administration) 145 $20,945,000 $144,000 $295,000 $54,000 $157,000
VA-guaranteed (Veterans Administration) 96 $18,700,000 $194,000 $545,000 $63,000 $193,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 61 $8,465,000 $138,000 $265,000 $44,000 $77,000

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 $72,220,000 $149,000 $785,000 $73,000 $340,000
Application Denied By Financial Institution 209 $26,655,000 $127,000 $555,000 $73,000 $1,656,000
Application Withdrawn By Applicant 130 $19,850,000 $152,000 $545,000 $70,000 $317,000
Loan Purchased By The Institution 118 $20,970,000 $177,000 $545,000 $110,000 $410,000
File Closed For Incompleteness 80 $10,260,000 $128,000 $405,000 $62,000 $234,000
Application Approved But Not Accepted 37 $5,775,000 $156,000 $545,000 $74,000 $275,000
Preapproval Approved but not Accepted 1 $265,000 $265,000 $265,000 $132,000 $132,000
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
Not applicable 841 $127,985,000 $152,000 $785,000 $74,000 $410,000
Credit History 79 $7,825,000 $99,000 $295,000 $88,000 $1,656,000
Debt-To-Income Ratio 56 $7,280,000 $130,000 $375,000 $45,000 $146,000
Collateral 40 $6,310,000 $157,000 $555,000 $84,000 $331,000
Other 15 $2,025,000 $135,000 $335,000 $63,000 $103,000
Unverifiable Information 11 $1,415,000 $128,000 $305,000 $74,000 $184,000
Credit Application Incomplete 11 $2,255,000 $205,000 $545,000 $87,000 $193,000
Employment History 5 $605,000 $121,000 $215,000 $46,000 $131,000
Insufficient Cash (Downpayment, Closing Cost) 1 $295,000 $295,000 $295,000 $52,000 $52,000
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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