Montgomery County, IN Mortgage Lenders & HMDA Data, 2017

In 2017, lenders reported 1,644 mortgage applications in Montgomery County, IN totaling $185.6 million, down 3% from 2016. The average application was for $112,000, and applicants reported an average income of $67,000. 54% of applications resulted in an originated loan and 13% were denied. The most active lender was University Lending Group, LLC, with 169 applications, followed by PNC Bank N.A. and Hoosier Heartland State Bank.

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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 1,644
Total Mortgage Loan Application Amount $185,553,000
Average Mortgage Loan Application Amount $112,000
Highest Mortgage Loan Application Amount $1,599,000
Average Applicant Income $67,000
Highest Applicant Income $8,333,000

Mortgage Company List for Lending in Montgomery County, IN for 2017

* 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
University Lending Group, LLC
42452 HAYES, STE I
CLLINTON TOWNSHIP, MI 48038
* $ -1,000 169 $ 19,234,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 355,999,734,000 143 $ 13,935,000
Hoosier Heartland State Bank
1400 DARLINGTON AVE
CRAWFORDSVILLE, IN 47933
* $ 169,558,000 116 $ 10,528,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 91 $ 9,803,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,727,235,000,000 84 $ 10,355,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,082,803,000,000 59 $ 6,806,000
Mainsource Bank
2105 N STATE RD 3 BYPASS
GREENSBURG, IN 47240
* $ 4,080,967,000 47 $ 4,126,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 47 $ 6,042,000
Everwise Credit Union
110 S MAIN ST
SOUTH BEND, IN 46601
* $ 3,026,240,000 47 $ 5,107,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 45 $ 5,411,000
The Fountain Trust Company
615 THIRD ST.
COVINGTON, IN 47932
* $ 291,922,000 42 $ 5,949,000
Wolfe Financial Inc
191 H NC HIGHWAY 42 NORTH
ASHEBORO, NC 27203
* $ -1,000 41 $ 5,063,000
Gvc Mortgage, Inc.
ONE PLAZA DRIVE, SUITE 3
SUITE 200, IN 46064
* $ -1,000 39 $ 4,052,000
First Merchants Bank
200 E. JACKSON ST.
MUNCIE, IN 47305
* $ 7,178,756,000 38 $ 4,158,000
Tri-County Bank & Trust Company
18 E WASHINGTON ST
ROACHDALE, IN 46172
* $ 187,347,000 34 $ 3,038,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 28 $ 3,167,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 441,010,095,000 26 $ 1,853,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 26 $ 3,645,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 24 $ 2,415,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 99,554,985,000 22 $ 2,195,000
American Mortgage Service Company
11503 SPRINGFIELD PIKE
CINCINNATI, OH 45246
* $ -1,000 11 $ 1,399,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 18,252,081,000 11 $ 828,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 11 $ 1,324,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 11 $ 888,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 10 $ 1,251,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 9 $ 1,558,000
Premier Home Mortgage, Inc.
3024 TOWER RD
RAPID CITY, SD 57701
* $ -1,000 7 $ 810,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 14,759,060,000 7 $ 554,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 7 $ 901,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 7 $ 860,000
Industrial Federal C. U.
1115 SAGAMORE PARKWAY SOUTH
LAFAYETTE, IN 47905
* $ 178,531,000 7 $ 281,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ -1,000 6 $ 621,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 134,362,217,000 6 $ 361,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 125,042,021,000 6 $ 793,000
First Option Mortgage, LLC
1100 CIRCLE 75 PARKWAY SOUTH EAST SUITE 300
ATLANTA, GA 30339
* $ -1,000 6 $ 784,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 6 $ 798,000
Hallmark Home Mortgage, LLC
7421 COLDWATER ROAD
FORT WAYNE, IN 46825
* $ -1,000 6 $ 756,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 6 $ 918,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 3,275,430,000 6 $ 812,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,980,496,000 6 $ 743,000
1st Signature Lending, LLC
9800 CROSSPOINT BLVD.
INDIANAPOLIS, IN 46256
* $ -1,000 6 $ 736,000
Forum Credit Union
P.O. BOX 50738
INDIANAPOLIS, IN 46250
* $ 1,304,929,000 5 $ 491,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 200,557,635,000 5 $ 47,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ -1,000 5 $ 654,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 27,829,056,000 5 $ 400,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 77,760,914,000 5 $ 743,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 5 $ 408,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 5 $ 639,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 5 $ 957,000
Purdue Federal CU
1551 WIN HENTSCHEL BLVD., PO BOX 2433
WEST LAFAYETTE, IN 47906
* $ 1,062,565,000 4 $ 555,000
North Salem State Bank
PO BOX 97
NORTH SALEM, IN 46165
* $ 280,130,000 4 $ 492,000
Indiana Members Credit Union
4790 E. 96TH STREET, SUITE 120
INDIANAPOLIS, IN 46240
* $ 1,692,561,000 4 $ 581,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 4 $ 439,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 3,483,848,000 4 $ 332,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 214,433,035,000 4 $ 391,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 4 $ 413,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,677,490,000,000 4 $ 316,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ -1,000 4 $ 536,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 4 $ 871,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 4 $ 569,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 4 $ 523,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 4 $ 374,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,349,581,000,000 4 $ 264,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 79,775,662,000 4 $ 378,000
First Direct Lending LLC
15261 LAGUNA CANYON ROAD, SUITE 200
IRVINE, CA 92618
* $ -1,000 4 $ 577,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 3 $ 216,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 3 $ 386,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 3 $ 891,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ 89,030,433,000 3 $ 515,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 3 $ 325,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 11,254,182,000 3 $ 27,000
The Home Loan Expert LLC
1600 S BRENTWOOD
ST LOUIS, MO 63144
* $ 0 3 $ 0
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 3 $ 462,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 3 $ 512,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 106,169,829,000 3 $ 452,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 3 $ 502,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 1,207,688,000 3 $ 339,000
Elements Financial Federal Cre
225 S EAST ST, SUITE 300
INDIANAPOLIS, IN 46202
* $ 1,330,742,000 3 $ 468,000
The Home National Bank of Thorntown
117 E MAIN STREET
THORNTOWN, IN 46071
* $ 101,120,000 3 $ 258,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,095,554,000 3 $ 427,000
Highlands Residential Mortgage, Ltd.
950 W BETHANY DR STE 800
ALLEN, TX 75013
* $ -1,000 3 $ 539,000
Horizon Bank
515 FRANKLIN ST
MICHIGAN CITY, IN 46360
* $ 3,133,166,000 3 $ 292,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 2 $ 199,000
The Farmers Bank
9 E CLINTON ST
FRANKFORT, IN 46041
* $ 506,542,000 2 $ 240,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ -1,000 2 $ 159,000
Citizens Bank
33 N INDIANA ST
MOORESVILLE, IN 46158
* $ 446,817,000 2 $ 304,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 2 $ 207,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ -1,000 2 $ 220,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 2 $ 403,000
Mid-Continent Funding, Inc.
3401 W BROADWAY BUSINESS PARK CT STE 213
COLUMBIA, MO 65203
* $ 0 2 $ 87,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ -1,000 2 $ 226,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 2 $ 356,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 475,515,000 2 $ 233,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 2 $ 350,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 2 $ 247,000
Go Mortgage, LLC

COLUMBUS, OH 43219
* $ -1,000 2 $ 203,000
Guaranty Trust Company
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 2 $ 250,000
Bankers' Bank
7700 MINERAL POINT ROAD
MADISON, WI 53717
* $ 553,662,000 2 $ 156,000
American Bank of Freedom
127 WEST HUDSON
WELLSVILLE, MO 63384
* $ 202,888,000 2 $ 214,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 13,265,339,000 2 $ 61,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 286,080,320,000 2 $ 312,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 91,146,995,000 2 $ 85,000
Union Savings Bank
8534 E KEMPER RD
CINCINNATI, OH 45249
* $ 2,925,022,000 2 $ 243,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 1 $ 200,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 1 $ 256,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 4,435,339,000 1 $ 210,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 116,939,799,000 1 $ 68,000
Merchants Capital Corp.
11555 NORTH MERIDIAN STREET, SUITE 400
CARMEL, IN 46032
* $ -1,000 1 $ 1,599,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 139,776,168,000 1 $ 45,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,982,691,000 1 $ 100,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 73,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 1 $ 122,000
Catlin Bank
202 S SANDUSKY ST
CATLIN, IL 61817
* $ 54,395,000 1 $ 61,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 122,631,667,000 1 $ 95,000
Alliance Bank
101 W MONTGOMERY ST.
FRANCESVILLE, IN 47946
* $ 303,448,000 1 $ 128,000
Tucker Mortgage, LLC
9201 N MERIDIAN ST, STE 200
INDIANAPOLIS, IN 46260
* $ -1,000 1 $ 137,000
Owen County State Bank
201 W MORGAN ST
SPENCER, IN 47460
* $ 200,643,000 1 $ 50,000
Home Bank SB
PO BOX 1677
MARTINSVILLE, IN 46151
* $ 254,344,000 1 $ 100,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 21,689,804,000 1 $ 142,000
Ranlife, Inc.
9272 S. 700 E.
SANDY, UT 84070
* $ -1,000 1 $ 171,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 1 $ 283,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 13,155,641,000 1 $ 180,000
South Central Bank, National Association
525 W ROOSEVELT RD
CHICAGO, IL 60607
* $ 271,694,000 1 $ 30,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 1 $ 168,000
Intercap Lending Inc
910 EAST 6600 SOUTH
SALT LAKE CITY, UT 84121
* $ -1,000 1 $ 104,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,186,502,000 1 $ 117,000
Panorama Mortgage Group, LLC
350 RAMPART BOULEVARD SUITE 310
LAS VEGAS, NV 89113
* $ -1,000 1 $ 231,000
Semper Home Loans, Inc
225 DUPONT DRIVE
PROVIDENCE, RI 02907
* $ -1,000 1 $ 170,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 157,000
Citizens Equity First Credit U
5401 W DIRKSEN PKWY
PEORIA, IL 61607
* $ 5,614,191,000 1 $ 97,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 1 $ 83,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 1 $ 80,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 252,204,000 1 $ 12,000
Fowler State Bank
300 E 5TH ST
FOWLER, IN 47944
* $ 157,698,000 1 $ 223,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 1 $ 90,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ -1,000 1 $ 127,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 176,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 131,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ -1,000 1 $ 335,000
Stifel Bank & Trust
501 NORTH BROADWAY
ST. LOUIS, MO 63102
* $ 13,016,049,000 1 $ 176,000
First Farmers Bank & Trust
123 N. JEFFERSON STREET
CONVERSE, IN 46919
* $ 1,612,900,000 1 $ 100,000
Howard Bank
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 1,027,051,000 1 $ 226,000
Platinum Home Mortgage Corporation
2200 HICKS RD, STE 101
SPRINGFIELD, IL 60008
* $ -1,000 1 $ 111,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 74,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 1 $ 189,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 101,000
Woodforest National Bank
25231 GROGAN'S MILL ROAD
THE WOODLANDS, TX 77380
* $ 4,854,481,000 1 $ 3,000
State Bank of Lizton
900 E. 56TH STREET
BROWNSBURG, IN 46112
* $ 469,308,000 1 $ 80,000
Diamond Residential Mtg Corp
582 OAKWOOD AVE
LAKE FOREST, IL 60045
* $ -1,000 1 $ 83,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 195,406,000 1 $ 136,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 392,980,000 1 $ 23,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 1 $ 118,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 1 $ 162,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 215,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 1,850,010,000 1 $ 122,000
Endeavor Capital, LLC
14897 CLAYTON ROAD
CHESTERFIELD, MO 63017
* $ -1,000 1 $ 115,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 1 $ 136,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 568,425,000 1 $ 163,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ -1,000 1 $ 125,000

The tables below break down 2017 mortgage applications in Montgomery County, IN by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Montgomery County, IN in 2017

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 936 $114,814,000 $122,000 $528,000 $49,000 $337,000
Refinancing 582 $64,123,000 $110,000 $1,599,000 $70,000 $4,281,000
Home Improvement 126 $6,616,000 $52,000 $320,000 $187,000 $8,333,000

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 1,289 $142,716,000 $110,000 $468,000 $75,000 $8,333,000
Not applicable 232 $27,823,000 $119,000 $1,599,000 $4,000 $127,000
Not Provided 73 $9,420,000 $129,000 $285,000 $128,000 $4,281,000
Hispanic 33 $3,231,000 $97,000 $192,000 $51,000 $147,000
Asian 8 $952,000 $119,000 $271,000 $80,000 $198,000
Black or African American 6 $888,000 $148,000 $241,000 $62,000 $127,000
American Indian or Alaskan Native 2 $382,000 $191,000 $300,000 $55,000 $70,000
Native Hawaiian or Other Pacific Islander 1 $141,000 $141,000 $141,000 $62,000 $62,000

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) 835 $89,090,000 $106,000 $547,000 $91,000 $8,333,000
FHA-insured (Federal Housing Administration) 351 $42,880,000 $122,000 $1,599,000 $53,000 $4,281,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 315 $31,766,000 $100,000 $281,000 $27,000 $79,000
VA-guaranteed (Veterans Administration) 143 $21,817,000 $152,000 $439,000 $48,000 $143,000

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 889 $102,766,000 $115,000 $1,599,000 $64,000 $991,000
Loan Purchased By The Institution 308 $35,242,000 $114,000 $337,000 $20,000 $203,000
Application Denied By Financial Institution 212 $20,414,000 $96,000 $468,000 $79,000 $4,281,000
Application Withdrawn By Applicant 169 $19,249,000 $113,000 $439,000 $155,000 $8,333,000
Application Approved But Not Accepted 37 $4,367,000 $118,000 $276,000 $74,000 $151,000
File Closed For Incompleteness 29 $3,515,000 $121,000 $285,000 $60,000 $175,000
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 54 $3,220,000 $59,000 $210,000 $135,000 $4,281,000
Collateral 38 $4,139,000 $108,000 $365,000 $64,000 $129,000
Debt-To-Income Ratio 31 $2,937,000 $94,000 $300,000 $49,000 $192,000
Credit Application Incomplete 12 $1,474,000 $122,000 $228,000 $62,000 $122,000
Other 9 $1,152,000 $128,000 $252,000 $96,000 $156,000
Unverifiable Information 5 $361,000 $72,000 $190,000 $40,000 $103,000
Employment History 2 $209,000 $104,000 $128,000 $20,000 $41,000
Insufficient Cash (Downpayment, Closing Cost) 1 $72,000 $72,000 $72,000 $147,000 $147,000
Mortgage Insurance Denied 1 $114,000 $114,000 $114,000 $75,000 $75,000

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.

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