Meeker County, MN Mortgage Lenders & HMDA Data, 2016

In 2016, lenders reported 979 mortgage applications in Meeker County, MN totaling $146.1 million, up 4% from 2015. The average application was for $149,000, and applicants reported an average income of $75,000. 59% of applications resulted in an originated loan and 16% were denied. The most active lender was Wells Fargo Bank NA, with 145 applications, followed by Center National Bank and US Bank, N.A..

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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 979
Total Mortgage Loan Application Amount $146,148,000
Average Mortgage Loan Application Amount $149,000
Highest Mortgage Loan Application Amount $1,248,000
Average Applicant Income $75,000
Highest Applicant Income $2,478,000

Mortgage Company List for Lending in Meeker County, MN for 2016

* 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
* $ 1,610,580,000,000 145 $ 19,558,000
Center National Bank
301 N. RAMSEY AVE.
LITCHFIELD, MN 55355
* $ 199,895,000 82 $ 12,602,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 43 $ 6,466,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 41 $ 6,301,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 27 $ 4,242,000
Freedom Mortgage Corporation
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 25 $ 3,855,000
Midcountry Bank
7825 WASHINGTON AVE. S., STE. 120
BLOOMINGTON, MN 55439
* $ 767,869,000 24 $ 2,150,000
Magnifi Financial Credit Union
20 4TH AVE SE
MELROSE, MN 56352
* $ 918,669,000 23 $ 3,369,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 18 $ 3,271,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,649,486,000 17 $ 2,764,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ 826,484,000 15 $ 2,270,000
Novation Credit Union
500 IMPERIAL AVE
OAKDALE, MN 55128
* $ 114,930,000 14 $ 838,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 13 $ 2,069,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 12 $ 1,550,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 186,710,993,000 12 $ 1,709,000
Liberty Bank Minnesota
111 7TH AVE S
ST CLOUD, MN 56301
* $ 189,743,000 11 $ 1,686,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 11 $ 1,714,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 11 $ 1,455,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 10 $ 1,899,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,587,008,000 10 $ 2,029,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 10 $ 1,267,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 10 $ 1,531,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ 10,000,000 10 $ 1,513,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ 4,028,990,000 9 $ 1,182,000
Kensington Bank
11 NORTH CENTRAL AVE
KENSINGTON, MN 56343
* $ 155,811,000 9 $ 1,101,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,792,910,000 8 $ 684,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 8 $ 1,423,000
Cambria Financial Group
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ 7,380,000 7 $ 1,504,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,299,801,000,000 7 $ 805,000
Mortgages Unlimited Inc.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ 1,518,000 7 $ 1,362,000
Bremer Bank, NA
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 10,643,549,000 7 $ 1,134,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 6 $ 941,000
Kleinbank
301 CHESTNUT ST
CHASKA, MN 55318
* $ 1,906,975,000 6 $ 818,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 3,656,580,000 6 $ 946,000
Heritage Bank NA
100 SOUTH STREET W
SPICER, MN 56288
* $ 389,767,000 6 $ 775,000
Harvest Bank
PO BOX 70
KIMBALL, MN 55353
* $ 133,199,000 6 $ 681,000
Cornerstone Home Lending, Inc.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ 57,509,481,000 6 $ 729,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 5 $ 970,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 5 $ 771,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 5 $ 658,000
Lake Central Bank
40 CHESTNUT STREET WEST
ANNANDALE, MN 55302
* $ 140,382,000 5 $ 838,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ 1,738,618,000 5 $ 811,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 5 $ 434,000
St. Cloud Financial Credit Union
3030 1ST ST S
SAINT CLOUD, MN 56301
* $ 145,327,000 5 $ 590,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 5 $ 759,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 5 $ 595,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,709,556,000 5 $ 924,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 5 $ 1,507,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ 100,000,000 5 $ 787,000
Lenderlive Network, LLC
710 S ASH
GLENDALE, CO 80246
* $ 17,900,000 4 $ 829,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 4 $ 615,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ 52,388,000 4 $ 706,000
Forbright Bank
6701 DEMOCRACY BLVD, SUITE 400
CHEVY CHASE, MD 20815
* $ 504,343,000 4 $ 921,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 4 $ 334,000
Gsf Mortgage Corp
15430 W CAPITOL DRIVE
BROOKFIELD, WI 53005
* $ 10,000,000 4 $ 696,000
Tcf National Bank
2508 LOUISE AVE S (PCC-2E-L)
SIOUX FALLS, SD 57106
* $ 20,703,184,000 4 $ 557,000
First Minnesota Bank
4625 COUNTY ROAD 101
MINNETONKA, MN 55345
* $ 405,960,000 4 $ 796,000
American Bank of the North
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 578,695,000 4 $ 444,000
Town & Country Banc Mortgage Services, Inc.
3601 W WABASH AVE
SPRINGFIELD, IL 62711
* $ 516,267,000 4 $ 912,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ 1,603,436,000 4 $ 525,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 4 $ 721,000
Bay Equity LLC

DETROIT, MI 48226
* $ 12,210,000 4 $ 482,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 3 $ 270,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 3 $ 514,000
Lend Smart Mortgage, LLC
3450 LEXINGTON AVE N
OAKDALE, MN 55126
* $ 2,304,353,000 3 $ 356,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 3 $ 391,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,597,914,000 3 $ 343,000
Northview Bank
510 MAIN STREET
SANDSTONE, MN 55072
* $ 324,098,000 3 $ 547,000
United Prairie Bank
10 FIRESTONE DRIVE, SUITE 300
MANKATO, MN 56001
* $ 571,856,000 3 $ 342,000
Trustone Financial Credit Union
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 1,047,915,000 3 $ 378,000
Hometown Bank
1000 EAST COOK STREET
REDWOOD FALLS, MN 56283
* $ 249,697,000 3 $ 373,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ 10,000,000 3 $ 742,000
First National Bank of Cokato
P.O. BOX 490
COKATO, MN 55321
* $ 53,714,000 3 $ 386,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 451,930,000 3 $ 562,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 2 $ 180,000
First Option Mortgage, LLC
1100 CIRCLE 75 PARKWAY SOUTH EAST SUITE 300
ATLANTA, GA 30339
* $ 941,000 2 $ 244,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ 10,000,000 2 $ 419,000
North American State Bank
PO BOX 189
BELGRADE, MN 56312
* $ 101,163,000 2 $ 161,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 2 $ 236,000
21st Century Bank
17 WASHINGTON AVENUE N
MINNEAPOLIS, MN 55401
* $ 358,390,000 2 $ 782,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 348,291,098,000 2 $ 429,000
Citizens Alliance Bank
55 NW 1ST ST NW PO BOX 430
CLARA CITY, MN 56222
* $ 614,852,000 2 $ 480,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,764,654,000 2 $ 503,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 2 $ 458,000
Homeservices Lending, LLC
2700 WESTOWN PARKWAY, SUITE 345
WEST DES MOINES, IA 50266
* $ 25,000,000 2 $ 276,000
Bankwest
5921 MAIN ST. P O BOX 219
ROCKFORD, MN 55373
* $ 124,045,000 2 $ 769,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 2 $ 417,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 2 $ 286,000
State Bank of Cold Spring
401 MAIN STREET P.O. BOX 415
COLD SPRING, MN 56320
* $ 55,986,000 2 $ 263,000
American Heritage National Bank
24 2ND ST S
LONG PRAIRIE, MN 56347
* $ 245,719,000 2 $ 201,000
Megastar Finanacial Corp
1080 CHEROKEE STREET
DENVER, CO 80204
* $ 10,000,000 2 $ 676,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ 42,331,494,000 2 $ 305,000
Taylor Morrison Home Funding, Inc.
495 N KELLER RD
MAITLAND, FL 32751
* $ 10,000,000 2 $ 369,000
Building Trades Federal Credit Union
12080 73RD AVE N
MAPLE GROVE, MN 55369
* $ 127,203,000 2 $ 95,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 2 $ 221,000
Wells Federal Bank
53 1ST ST SW
WELLS, MN 56097
* $ 274,675,000 2 $ 358,000
Perl Mortgage, Inc.
2936 WEST BELMONT AVE
CHICAGO, IL 60618
* $ 11,000,000 2 $ 499,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 2 $ 249,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 2 $ 139,000
Security Bank & Trust Company
735 11TH STREET, P.O. BOX 218
GLENCOE, MN 55336
* $ 492,426,000 2 $ 95,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 2 $ 303,000
Bbmc Mortgage, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 2 $ 419,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 2 $ 344,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 2 $ 349,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ 10,000,000 1 $ 134,000
Ntfn, Inc.
700 STATE HIGHWAY 121, SUITE 100
PLANO, TX 75067
* $ 10,000,000 1 $ 185,000
Homepromise Corporation
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ 100,000,000 1 $ 196,000
Countryplace Mortgage, Ltd.

PLANO, TX 75024
* $ 10,000,000 1 $ 95,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 101,000
Reverse Mortgage Solutions Inc
14405 WALTERS RD SUITE 200
HOUSTON, TX 77014
* $ 10,978,000 1 $ 140,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 1 $ 223,000
First Alliance Credit Union
320 ALLIANCE PL NE
ROCHESTER, MN 55904
* $ 156,210,000 1 $ 50,000
Sharepoint Credit Union
5300 HYLAND GREENS DR
BLOOMINGTON, MN 55437
* $ 190,783,000 1 $ 190,000
Heartland Credit Union
5500 S ROBERT TRAIL
INVER GROVE HEIGHTS, MN 55077
* $ 108,098,000 1 $ 25,000
Home Federal Bank
225 S. MAIN AVE
SIOUX FALLS, SD 57104
* $ 1,170,034,000 1 $ 366,000
Trustone Home Mortgage, LLC
14601 27TH AVE N SUITE 103
PLYMOUTH, MN 55447
* $ 427,399,000 1 $ 153,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 88,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 1 $ 162,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 199,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 1 $ 99,000
Citizens Bank Minnesota
105 NORTH MINNESOTA STREET
NEW ULM, MN 56073
* $ 378,714,000 1 $ 62,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 2,887,863,000 1 $ 284,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 1 $ 130,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 1 $ 100,000
Prospect Mortgage, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 1 $ 136,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 104,121,677,000 1 $ 85,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ 10,000,000 1 $ 171,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 3,128,427,000 1 $ 51,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 1 $ 5,000
Northeast Bank
77 BROADWAY ST NE
MINNEAPOLIS, MN 55413
* $ 394,153,000 1 $ 150,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 31,272,894,000 1 $ 126,000
Ks Statebank
1010 WESTLOOP PL
MANHATTAN, KS 66502
* $ 1,502,221,000 1 $ 377,000
Firefly
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 1,040,260,000 1 $ 12,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ 10,000,000 1 $ 116,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 4,227,852,000 1 $ 62,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 27,567,209,000 1 $ 71,000
Community Bank Mankato
300 ST ANDREWS DR
VERNON CENTER, MN 56090
* $ 261,304,000 1 $ 164,000
Atlantic Bay Mortgage Group
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ 10,000,000 1 $ 120,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ 10,000,000 1 $ 224,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 233,000
BNC National Bank

BISMARCK, ND 58501
* $ 903,318,000 1 $ 370,000
Tradition Capital Bank
7601 FRANCE AVE S
WAYZATA, MN 55391
* $ 431,266,000 1 $ 340,000
Western State Bank
755 13TH AVE E
DEVILS LAKE, ND 58301
* $ 831,999,000 1 $ 192,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 459,125,000 1 $ 214,000
Tradition Mortgage, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ 10,000,000 1 $ 162,000

The tables below break down 2016 mortgage applications in Meeker County, MN by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Meeker County, MN in 2016

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 479 $70,563,000 $147,000 $1,248,000 $67,000 $2,478,000
Refinancing 437 $71,212,000 $162,000 $547,000 $83,000 $925,000
Home Improvement 63 $4,373,000 $69,000 $360,000 $80,000 $178,000

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 789 $116,373,000 $147,000 $548,000 $83,000 $2,478,000
Not applicable 109 $17,894,000 $164,000 $1,248,000 $12,000 $172,000
Not Provided 61 $9,520,000 $156,000 $547,000 $92,000 $925,000
Hispanic 16 $1,779,000 $111,000 $188,000 $51,000 $149,000
Black or African American 2 $228,000 $114,000 $167,000 $33,000 $37,000
American Indian or Alaskan Native 1 $192,000 $192,000 $192,000 $45,000 $45,000
Asian 1 $162,000 $162,000 $162,000 $89,000 $89,000
Native Hawaiin 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) 650 $97,972,000 $150,000 $1,248,000 $92,000 $2,478,000
FHA-insured (Federal Housing Administration) 151 $21,610,000 $143,000 $265,000 $41,000 $146,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 118 $14,280,000 $121,000 $313,000 $35,000 $122,000
VA-guaranteed (Veterans Administration) 60 $12,286,000 $204,000 $548,000 $53,000 $227,000

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 580 $87,727,000 $151,000 $1,248,000 $89,000 $2,478,000
Application Denied By Financial Institution 156 $22,093,000 $141,000 $375,000 $61,000 $258,000
Loan Purchased By The Institution 130 $19,817,000 $152,000 $548,000 $30,000 $273,000
Application Withdrawn By Applicant 77 $10,275,000 $133,000 $417,000 $76,000 $358,000
Application Approved But Not Accepted 20 $3,967,000 $198,000 $400,000 $85,000 $196,000
File Closed For Incompleteness 16 $2,269,000 $141,000 $238,000 $65,000 $271,000
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 29 $5,394,000 $186,000 $375,000 $85,000 $258,000
Credit History 27 $2,557,000 $94,000 $200,000 $73,000 $140,000
Debt-To-Income Ratio 20 $2,185,000 $109,000 $259,000 $42,000 $95,000
Other 10 $1,221,000 $122,000 $313,000 $76,000 $128,000
Unverifiable Information 4 $773,000 $193,000 $342,000 $101,000 $248,000
Credit Application Incomplete 3 $313,000 $104,000 $142,000 $44,000 $49,000
Employment History 1 $157,000 $157,000 $157,000 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 1 $177,000 $177,000 $177,000 $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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