Morrison County, MN Mortgage Lenders & HMDA Data, 2025

In 2025, lenders reported 1,157 mortgage applications in Morrison County, MN totaling $247.0 million, up 19% from 2024. The average application was for $213,000, and applicants reported an average income of $110,000. 56% of applications resulted in an originated loan and 12% were denied. The most active lender was Magnifi Financial Credit Union, with 86 applications, followed by US Bank, N.A. and PennyMac Loan Services LLC.

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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 1,157
Total Mortgage Loan Application Amount $247,025,000
Average Mortgage Loan Application Amount $213,000
Highest Mortgage Loan Application Amount $2,795,000
Average Applicant Income $110,000
Highest Applicant Income $3,157,000

Mortgage Company List for Lending in Morrison County, MN for 2025

* 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
Magnifi Financial Credit Union
20 4TH AVE SE
MELROSE, MN 56352
* $ n/a 86 $ 11,570,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 70 $ 10,490,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 45 $ 11,735,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 35 $ 8,095,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 33 $ 7,655,000
Farmers & Merchants State Bank
80 MAIN STREET N, P.O. BOX 308
PIERZ, MN 56364
* $ n/a 31 $ 6,665,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 31 $ 9,335,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 31 $ 9,865,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ n/a 27 $ 7,215,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 27 $ 6,915,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 26 $ 6,380,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ n/a 22 $ 2,970,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 22 $ 4,970,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ n/a 19 $ 3,135,000
Pine Country Bank
1201 1ST AVENUE NE
LITTLE FALLS, MN 56345
* $ n/a 19 $ 2,655,000
First Western Bank & Trust
900 SOUTH BROADWAY
MINOT, ND 58701
* $ n/a 19 $ 4,525,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ n/a 18 $ 2,530,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 17 $ 3,215,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ n/a 17 $ 3,685,000
Deerwood Bank
21236 ARCHIBALD ROAD
WAITE PARK, MN 56387
* $ n/a 16 $ 3,150,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ n/a 16 $ 3,110,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 13 $ 1,345,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ n/a 13 $ 3,105,000
Trustone Financial Credit Union
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ n/a 12 $ 1,250,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 12 $ 4,260,000
Granite Bank
202 2ND AVENUE SOUTH, P.O. BOX 416
COLD SPRING, MN 56320
* $ n/a 11 $ 2,735,000
St. Cloud Financial Credit Union
3030 1ST ST S
SAINT CLOUD, MN 56301
* $ n/a 11 $ 3,235,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 11 $ 1,825,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ n/a 11 $ 2,565,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 11 $ 2,995,000
Blaze Credit Union
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ n/a 11 $ 905,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ n/a 10 $ 1,420,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 10 $ 2,070,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ n/a 9 $ 2,815,000
First International Bank & Trust
1600 S BDWAY
MINOT, ND 58701
* $ n/a 9 $ 3,075,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 9 $ 465,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 9 $ 1,835,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ n/a 8 $ 1,760,000
Bremer Bank NA
372 SAINT PETER STREET
SAINT PAUL, MN 55102
* $ n/a 8 $ 1,710,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 8 $ 2,070,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ n/a 7 $ 1,065,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 7 $ 1,725,000
Members Cooperative Credit Union
4628 MIKE COLALILLO DR
DULUTH, MN 55816
* $ n/a 6 $ 480,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 6 $ 460,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 6 $ 1,420,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ n/a 6 $ 2,250,000
A&D Mortgage LLC
899 W. CYPRESS CREEK ROAD
FT. LAUDERDALE, FL 33309
* $ n/a 6 $ 1,290,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ n/a 6 $ 940,000
The First National Bank of Milaca
190 2ND AVE SW
MILACA, MN 56353
* $ n/a 5 $ 1,055,000
Flagstar Bank NA

TROY, MI 49098
* $ n/a 5 $ 1,325,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 5 $ 1,415,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 5 $ 505,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ n/a 5 $ 465,000
National Bank of Commerce
1127 TOWER AVE
SUPERIOR, WI 54880
* $ n/a 5 $ 3,275,000
Credit Union 1
200 EAST CHAMPAIGN AVENUE
RANTOUL, IL 61866
* $ n/a 5 $ 595,000
Sherburne State Bank
12500 SHERBURNE AVE
PO BOX 428, MN 55308
* $ n/a 5 $ 1,925,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ n/a 5 $ 2,365,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ n/a 5 $ 1,815,000
Woodlands National Bank
122 EAST MAIN STREET P.O. BOX 190
HINCKLEY, MN 55037
* $ n/a 4 $ 650,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 4 $ 620,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ n/a 4 $ 600,000
Megastar Finanacial Corp
1080 CHEROKEE STREET
DENVER, CO 80204
* $ n/a 4 $ 660,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 4 $ 1,090,000
Unity Bank
207 W LINCOLN ST
AUGUSTA, WI 54722
* $ n/a 4 $ 520,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ n/a 4 $ 640,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ n/a 4 $ 760,000
Northview Bank
510 MAIN STREET
SANDSTONE, MN 55072
* $ n/a 4 $ 930,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ n/a 4 $ 290,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 4 $ 230,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ n/a 4 $ 1,110,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ n/a 3 $ 805,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 3 $ 1,075,000
Loanunited.Com, LLC
3235 SATELLITE BLVD SUITE 314
DULUTH, GA 30096
* $ n/a 3 $ 965,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ n/a 3 $ 375,000
Bankvista
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ n/a 3 $ 425,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ n/a 3 $ 755,000
Royal Credit Union
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54702
* $ n/a 3 $ 545,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 3 $ 515,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ n/a 3 $ 465,000
Luminate Bank
2523 SOUTH WAYZATA BOULEVARD SUITE 100
MINNEAPOLIS, MN 55405
* $ n/a 3 $ 1,155,000
American Heritage National Bank
24 2ND ST S
LONG PRAIRIE, MN 56347
* $ n/a 3 $ 1,215,000
Cortrust Mortgage, Inc.
2101 S MINNESOTA AVENUE
SIOUX FALLS, SD 57105
* $ n/a 3 $ 765,000
Mission Loans, LLC

IRVINE, CA 92612
* $ n/a 3 $ 305,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 3 $ 415,000
Liberty Bank Minnesota
111 7TH AVE S
ST CLOUD, MN 56301
* $ n/a 3 $ 475,000
Ideal Credit Union
8499 TAMARACK ROAD
WOODBURY, MN 55125
* $ n/a 3 $ 105,000
Bankwest, Inc.
420 S. PIERRE STREET, PO BOX 998
PIERRE, SD 57501
* $ n/a 3 $ 555,000
Freeport State Bank
111 MAIN ST E
FREEPORT, MN 56331
* $ n/a 3 $ 595,000
Resicentral LLC
700 LARKSPUR LANDING CIRCLE SUITE 199-18
LARKSPUR, CA 94939
* $ n/a 2 $ 580,000
Southpoint Financial Credit Union
924 MAIN STREET E
SLEEPY EYE, MN 56085
* $ n/a 2 $ 530,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ n/a 2 $ 560,000
American National Bank of Minnesota
1920 SOUTH SIXTH STREET
BRAINERD, MN 56401
* $ n/a 2 $ 430,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ n/a 2 $ 140,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ n/a 2 $ 740,000
Gate City Bank
500 2ND AVE N
FARGO, ND 58102
* $ n/a 2 $ 580,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ n/a 2 $ 120,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ n/a 2 $ 550,000
Topline Financial Credit Union
9353 JEFFERSON HWY
MAPLE GROVE, MN 55369
* $ n/a 2 $ 180,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ n/a 2 $ 360,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ n/a 2 $ 530,000
Servbank, N.A.
3201 ORCHARD RD
OSWEGO, IL 60543
* $ n/a 2 $ 500,000
Loan Simple, Inc.
9635 MAROON CIRCLE SUITE 100
ENGLEWOOD, CO 80112
* $ n/a 2 $ 470,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 2 $ 850,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ n/a 1 $ 55,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ n/a 1 $ 15,000
Citibank, NA

NEW YORK, NY 10012
* $ n/a 1 $ 535,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ n/a 1 $ 495,000
First Bank & Trust
520 6TH STREET
BROOKINGS, SD 57006
* $ n/a 1 $ 375,000
Cornerstone First Mortgage, LLC
2655 CAMINO DEL RIO N #450
SAN DIEGO, CA 92108
* $ n/a 1 $ 205,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ n/a 1 $ 455,000
Neighborhood National Bank
45 NORTH UNION
MORA, MN 55051
* $ n/a 1 $ 325,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ n/a 1 $ 175,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ n/a 1 $ 165,000
Lake Central Bank
40 CHESTNUT STREET WEST
ANNANDALE, MN 55302
* $ n/a 1 $ 635,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 1 $ 55,000
Kiavi Funding, Inc.
315 MONTGOMERY STREET 16TH FLOOR
SAN FRANCISCO, CA 94104
* $ n/a 1 $ 165,000
Texana Bank
124 E RUSH ST
LINDEN, TX 75563
* $ n/a 1 $ 205,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 1 $ 285,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ n/a 1 $ 325,000
Advantagefirst Lending Inc
2 SOUTH POINTE DRIVE SUITES 200-235
LAKE FOREST, CA 92630
* $ n/a 1 $ 175,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ n/a 1 $ 335,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ n/a 1 $ 225,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ n/a 1 $ 505,000
SWBC Mortgage Corporation
9311 SAN PEDRO AVENUE STE 100
SAN ANTONIO, TX 78216
* $ n/a 1 $ 225,000
Allied Mortgage Group, Inc
225 E. CITY AVENUE, SUITE 102
BALA CYNWYD, PA 19004
* $ n/a 1 $ 365,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ n/a 1 $ 365,000
Falcon National Bank
183 CEDAR DRIVE
FOLEY, MN 56329
* $ n/a 1 $ 195,000
Service Federal Credit Union
3003 LAFAYETTE ROAD
PORTSMOUTH, NH 03801
* $ n/a 1 $ 25,000
Mid-Continent Funding, Inc.
3401 W BROADWAY BUSINESS PARK CT STE 213
COLUMBIA, MO 65203
* $ n/a 1 $ 325,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ n/a 1 $ 95,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ n/a 1 $ 285,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ n/a 1 $ 165,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ n/a 1 $ 285,000
Capital Credit Union
PO BOX 2096
BISMARCK, ND 58502
* $ n/a 1 $ 285,000
Redwood Residential Acquisition Corporation
1 BELVEDERE PLACE
MILL VALLEY, CA 94951
* $ n/a 1 $ 135,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ n/a 1 $ 205,000
Connexus Credit Union
2600 PINE RIDGE
WAUSAU, WI 54401
* $ n/a 1 $ 55,000
The Bank of Elk River
630 MAIN STREET
ELK RIVER, MN 55330
* $ n/a 1 $ 65,000
Minnstar Bank National Association
P.O. BOX 270
LAKE CRYSTAL, MN 56055
* $ n/a 1 $ 195,000
St Paul Federal Credit Union
1330 CONWAY ST, STE 200
SAINT PAUL, MN 55106
* $ n/a 1 $ 85,000
Deephaven Mortgage LLC
3530 TORINGDON WAY #200
CHARLOTTE, NC 28277
* $ n/a 1 $ 55,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ n/a 1 $ 105,000
21st Century Bank
2335 HWY 36 W SUITE 202
ROSEVILLE, MN 55113
* $ n/a 1 $ 675,000
Cambria Financial Group
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ n/a 1 $ 525,000
Minnco Credit Union
235 WEST 1ST AVENUE
CAMBRIDGE, MN 55008
* $ n/a 1 $ 125,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ n/a 1 $ 105,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ n/a 1 $ 385,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ n/a 1 $ 565,000
Peoples Bank
PO BOX 7
MENDENHALL, MS 39114
* $ n/a 1 $ 305,000
Affinity Federal Credit Union
73 MOUNTAINVIEW BLVD.
BASKING RIDGE, NJ 07920
* $ n/a 1 $ 65,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ n/a 1 $ 185,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ n/a 1 $ 245,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 1 $ 205,000
The Loan Store, Inc

TUCSON, AZ 85718
* $ n/a 1 $ 75,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ n/a 1 $ 205,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ n/a 1 $ 235,000
Center National Bank
301 N. RAMSEY AVE.
LITCHFIELD, MN 55355
* $ n/a 1 $ 605,000
Kensington Bank
11 CENTRAL AVE N
KENSINGTON, MN 56343
* $ n/a 1 $ 335,000
First Community Credit Union
111 9TH ST SW
JAMESTOWN, ND 58401
* $ n/a 1 $ 235,000

The tables below break down 2025 mortgage applications in Morrison 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 Morrison County, MN in 2025

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 555 $136,845,000 $246,000 $2,795,000 $115,000 $3,157,000
Cash-out Refinancing 231 $48,635,000 $210,000 $875,000 $99,000 $575,000
Refinancing 159 $41,195,000 $259,000 $905,000 $120,000 $768,000
Home Improvement 111 $10,945,000 $98,000 $615,000 $124,000 $1,150,000
Other Purpose 98 $9,090,000 $92,000 $605,000 $87,000 $238,000
Not Applicable 3 $315,000 $105,000 $165,000 $38,000 $38,000

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 904 $190,180,000 $210,000 $1,055,000 $114,000 $3,157,000
Not applicable 113 $30,615,000 $270,000 $2,795,000 $97,000 $248,000
Not Provided 103 $20,275,000 $196,000 $795,000 $85,000 $215,000
Hispanic 23 $3,375,000 $146,000 $325,000 $72,000 $105,000
American Indian or Alaskan Native 7 $1,375,000 $196,000 $285,000 $189,000 $673,000
Black or African American 4 $650,000 $162,000 $345,000 $112,000 $128,000
Asian 3 $555,000 $185,000 $285,000 $74,000 $118,000
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) 816 $155,300,000 $190,000 $2,795,000 $119,000 $3,157,000
VA-guaranteed (Veterans Administration) 174 $55,520,000 $319,000 $905,000 $95,000 $391,000
FHA-insured (Federal Housing Administration) 146 $32,720,000 $224,000 $515,000 $76,000 $232,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 21 $3,485,000 $165,000 $215,000 $71,000 $101,000

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 643 $139,675,000 $217,000 $2,795,000 $121,000 $3,157,000
Application Withdrawn By Applicant 149 $31,815,000 $213,000 $695,000 $103,000 $575,000
Application Denied By Financial Institution 142 $25,160,000 $177,000 $695,000 $89,000 $1,150,000
Loan Purchased By The Institution 132 $30,750,000 $232,000 $585,000 $76,000 $248,000
File Closed For Incompleteness 56 $12,560,000 $224,000 $905,000 $115,000 $762,000
Application Approved But Not Accepted 34 $6,980,000 $205,000 $875,000 $79,000 $194,000
Preapproval Denied by Financial Institution 1 $85,000 $85,000 $85,000 $33,000 $33,000
Preapproval Approved but not Accepted 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 939 $205,495,000 $218,000 $2,795,000 $111,000 $3,157,000
Debt-To-Income Ratio 110 $22,280,000 $202,000 $765,000 $128,000 $1,463,000
Collateral 35 $4,255,000 $121,000 $365,000 $116,000 $1,150,000
Credit History 34 $6,540,000 $192,000 $695,000 $83,000 $232,000
Credit Application Incomplete 20 $4,410,000 $220,000 $595,000 $66,000 $118,000
Other 14 $2,900,000 $207,000 $625,000 $77,000 $142,000
Insufficient Cash (Downpayment, Closing Cost) 3 $785,000 $261,000 $405,000 $107,000 $174,000
Unverifiable Information 2 $360,000 $180,000 $235,000 $74,000 $112,000
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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