Meigs County, OH Mortgage Lenders & HMDA Data, 2016

In 2016, lenders reported 411 mortgage applications in Meigs County, OH totaling $43.8 million, up 17% from 2015. The average application was for $106,000, and applicants reported an average income of $54,000. 40% of applications resulted in an originated loan and 31% were denied. The most active lender was Peoples Bank, with 51 applications, followed by loanDepot.com LLC and Ohio Valley Bank.

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Total Number of Mortgage Applications 411
Total Mortgage Loan Application Amount $43,839,000
Average Mortgage Loan Application Amount $106,000
Highest Mortgage Loan Application Amount $417,000
Average Applicant Income $54,000
Highest Applicant Income $208,000
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Top Mortgage Lenders in Meigs County, OH (2016)

Ranked by the number of mortgage applications each lender reported in Meigs County, OH in 2016.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Peoples Bank
Marietta, OH
51 $5,280,000 $103,000 $60,000
2 loanDepot.com LLC
Irvine, CA
38 $5,213,000 $137,000 $60,000
3 Ohio Valley Bank
Gallipolis, OH
29 $3,452,000 $119,000 $67,000
4 Vanderbilt Mortgage and Finance, Inc
Maryville, TN
29 $2,097,000 $72,000 $48,000
5 Wells Fargo Bank NA
Minneapolis, MN
16 $1,899,000 $118,000 $46,000
6 US Bank, N.A.
Cincinnati, OH
13 $874,000 $67,000 $29,000
7 Northern Ohio Investment Company
Sylvania, OH
12 $1,183,000 $98,000 $49,000
8 City National Bank of Wv
Cross Lanes, WV
11 $575,000 $52,000 $72,000
9 Freedom Mortgage Corporation
Fishers, IN
10 $1,058,000 $105,000 $19,000
10 Reliance First Capital, LLC
Melville, NY
10 $1,264,000 $126,000 $49,000

See every lender active in Meigs County, OH in 2016 »

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

Mortgage Loan Application Detail Totals for Meigs County, OH 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
Refinancing 197 $23,780,000 $120,000 $417,000 $52,000 $198,000
Home Purchase 182 $18,668,000 $102,000 $400,000 $54,000 $208,000
Home Improvement 32 $1,391,000 $43,000 $216,000 $65,000 $149,000

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 342 $36,762,000 $107,000 $417,000 $57,000 $198,000
Not Provided 35 $3,749,000 $107,000 $350,000 $56,000 $208,000
Not applicable 21 $2,114,000 $100,000 $186,000 $0 $0
American Indian or Alaskan Native 5 $474,000 $94,000 $165,000 $39,000 $70,000
Hispanic 4 $302,000 $75,000 $136,000 $60,000 $73,000
Black or African American 2 $175,000 $87,000 $110,000 $31,000 $48,000
Native Hawaiin or Other Pacific Islander 1 $85,000 $85,000 $85,000 $40,000 $40,000
Asian 1 $178,000 $178,000 $178,000 $56,000 $56,000

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) 256 $26,382,000 $103,000 $417,000 $63,000 $208,000
FHA-insured (Federal Housing Administration) 86 $9,184,000 $106,000 $273,000 $39,000 $150,000
VA-guaranteed (Veterans Administration) 54 $6,937,000 $128,000 $351,000 $40,000 $198,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 15 $1,336,000 $89,000 $180,000 $29,000 $75,000

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 164 $18,429,000 $112,000 $400,000 $59,000 $208,000
Application Denied By Financial Institution 128 $12,771,000 $99,000 $417,000 $56,000 $198,000
Application Withdrawn By Applicant 38 $4,632,000 $121,000 $351,000 $57,000 $150,000
Loan Purchased By The Institution 31 $3,214,000 $103,000 $214,000 $10,000 $66,000
File Closed For Incompleteness 30 $2,426,000 $80,000 $190,000 $51,000 $92,000
Application Approved But Not Accepted 20 $2,367,000 $118,000 $218,000 $68,000 $183,000
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
Credit History 25 $1,383,000 $55,000 $129,000 $60,000 $191,000
Collateral 22 $2,479,000 $112,000 $239,000 $56,000 $170,000
Debt-To-Income Ratio 13 $1,453,000 $111,000 $417,000 $29,000 $66,000
Credit Application Incomplete 6 $676,000 $112,000 $162,000 $65,000 $95,000
Insufficient Cash (Downpayment, Closing Cost) 1 $6,000 $6,000 $6,000 $60,000 $60,000
Other 1 $320,000 $320,000 $320,000 $164,000 $164,000
Unverifiable Information 1 $54,000 $54,000 $54,000 $12,000 $12,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 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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