Morrison County, MN Mortgage Lenders & HMDA Data, 2018

In 2018, lenders reported 1,230 mortgage applications in Morrison County, MN totaling $181.6 million, down 9% from 2017. The average application was for $147,000, and applicants reported an average income of $81,000. 58% of applications resulted in an originated loan and 15% were denied. The most active lender was US Bank, N.A., with 161 applications, followed by Magnifi Financial Credit Union and Wells Fargo Bank NA.

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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 1,230
Total Mortgage Loan Application Amount $181,570,000
Average Mortgage Loan Application Amount $147,000
Highest Mortgage Loan Application Amount $585,000
Average Applicant Income $81,000
Highest Applicant Income $780,000

Mortgage Company List for Lending in Morrison County, MN for 2018

* 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
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 161 $ 18,235,000
Magnifi Financial Credit Union
20 4TH AVE SE
MELROSE, MN 56352
* $ 1,027,921,000 78 $ 11,300,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,747,398,000,000 69 $ 10,035,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 68 $ 9,550,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 50 $ 8,570,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ -1,000 29 $ 6,095,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 2,063,591,000 27 $ 2,245,000
Bremer Bank NA
372 SAINT PETER STREET
SAINT PAUL, MN 55102
* $ 11,915,259,000 26 $ 3,890,000
Unity Bank
1180 W 4TH STREET
RUSH CITY, MN 55069
* $ 216,664,000 24 $ 3,430,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 89,765,667,000 22 $ 2,680,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 21 $ 4,325,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 21 $ 3,975,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 19 $ 3,365,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 18 $ 3,790,000
Pine Country Bank
1201 1ST AVENUE NE
LITTLE FALLS, MN 56345
* $ 174,337,000 18 $ 1,800,000
Liberty Bank Minnesota
111 7TH AVE S
ST CLOUD, MN 56301
* $ 210,040,000 17 $ 3,135,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 17 $ 2,865,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 16 $ 2,410,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 15 $ 2,065,000
Blackridgebank
4040 42ND ST SW, SUITE O
FARGO, ND 58104
* $ 446,870,000 15 $ 1,875,000
St. Cloud Financial Credit Union
3030 1ST ST S
SAINT CLOUD, MN 56301
* $ 167,457,000 15 $ 2,035,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 13 $ 1,625,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 13 $ 2,325,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 13 $ 2,245,000
Blaze Credit Union
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ 979,607,000 12 $ 1,120,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 11 $ 1,385,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 11 $ 1,585,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 11 $ 1,645,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 11 $ 1,695,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 10 $ 1,820,000
Tradition Mortgage, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ -1,000 10 $ 1,690,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 9 $ 1,725,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 9 $ 1,545,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 9 $ 1,615,000
Trustone Financial Credit Union
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 1,308,536,000 9 $ 665,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 8 $ 1,370,000
Bankvista
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ 249,182,000 8 $ 1,460,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ -1,000 7 $ 855,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 7 $ 805,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,730,669,000 7 $ 1,095,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 6 $ 1,010,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 6 $ 920,000
Homeservices Lending LLC
2900 100TH STREET SUITE 109
URBANDALE, IA 50322
* $ -1,000 6 $ 960,000
American Heritage National Bank
24 2ND ST S
LONG PRAIRIE, MN 56347
* $ 360,841,000 5 $ 365,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 98,729,134,000 5 $ 185,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 5 $ 1,115,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 5 $ 645,000
Lennar Mortgage, LLC
5505 WATERFORD DISTRICT DRIVE SUITE 505
MIAMI, FL 33126
* $ -1,000 5 $ 725,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 5 $ 695,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 4,763,242,000 5 $ 855,000
Great River Federal CU
1532 W ST GERMAIN STREET
ST CLOUD, MN 56301
* $ 174,294,000 5 $ 455,000
Northview Bank
510 MAIN STREET
SANDSTONE, MN 55072
* $ 321,974,000 5 $ 675,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 5 $ 955,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ -1,000 5 $ 925,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ -1,000 4 $ 830,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 4 $ 660,000
Cambria Financial Group
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ -1,000 4 $ 560,000
Suntrust Banks, Inc.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 201,637,519,000 4 $ 1,070,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ -1,000 4 $ 930,000
Mortgages Unlimited Inc.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ -1,000 4 $ 410,000
Deerwood Bank
21236 ARCHIBALD ROAD
WAITE PARK, MN 56387
* $ 504,544,000 4 $ 760,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 3 $ 575,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,656,476,000 3 $ 585,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 3 $ 415,000
Members Cooperative Credit Union
4628 MIKE COLALILLO DR
DULUTH, MN 55816
* $ 689,385,000 3 $ 395,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 3 $ 515,000
Bank Forward
390 WHEAT STREET, PO BOX 100
FARGO, ND 58104
* $ 555,878,000 3 $ 545,000
The First National Bank of Elk River
812 MAIN ST.
ELK RIVER, MN 55330
* $ 276,197,000 3 $ 625,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 3 $ 205,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 3 $ 655,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 2,948,023,000 3 $ 525,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,696,742,000 3 $ 265,000
Falcon National Bank
183 CEDAR DRIVE
FOLEY, MN 56329
* $ 265,583,000 3 $ 225,000
The First National Bank of Milaca
190 2ND AVE SW
MILACA, MN 56353
* $ 208,717,000 3 $ 325,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 3 $ 425,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ -1,000 2 $ 340,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 2 $ 70,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 2 $ 250,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 25,054,739,000 2 $ 370,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ -1,000 2 $ 330,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,175,351,000 2 $ 310,000
Results Mortgage, LLC
11200 WEST 78TH STREET, SUITE 50
EDEN PRAIRIE, MN 55344
* $ -1,000 2 $ 350,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 34,298,273,000 2 $ 150,000
Roundpoint Mortgage Servicing LLC
446 WRENPLACE ROAD
FORT MILL, SC 29715
* $ -1,000 2 $ 190,000
Bay Equity LLC

DETROIT, MI 48226
* $ -1,000 2 $ 330,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ 2,134,927,000 2 $ 360,000
Forbright Bank
6701 DEMOCRACY BLVD, SUITE 400
CHEVY CHASE, MD 20815
* $ 955,028,000 2 $ 330,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 2 $ 160,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 2 $ 270,000
Sentry Bank
400 4TH AVE NE
ST. JOSEPH, MN 56374
* $ 223,031,000 2 $ 610,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 2 $ 850,000
American National Bank of Minnesota
1920 SOUTH SIXTH STREET
BRAINERD, MN 56401
* $ 264,582,000 2 $ 110,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 2 $ 410,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 2 $ 500,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 2 $ 280,000
Riverwood Bank
14540 DELLWOOD DR PO BOX 2947
BAXTER, MN 56425
* $ 388,850,000 2 $ 370,000
Live Well Financial, Inc.
1011 BOULDER SPRINGS DRIVE
RICHMOND, VA 23225
* $ -1,000 2 $ 30,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 2 $ 210,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 2 $ 360,000
Hometown Bank
1000 EAST COOK STREET
REDWOOD FALLS, MN 56283
* $ 293,609,000 1 $ 145,000
Royal Credit Union
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54702
* $ 2,211,061,000 1 $ 105,000
Farmers & Merchants State Bank of Pierz
80 MAIN STREET N, P.O. BOX 308
PIERZ, MN 56364
* $ 223,787,000 1 $ 265,000
Building Trades Federal Credit Union
12080 73RD AVE N
MAPLE GROVE, MN 55369
* $ 137,681,000 1 $ 85,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 1 $ 335,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 1 $ 135,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 235,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 109,372,608,000 1 $ 125,000
Ideal Credit Union
8499 TAMARACK ROAD
WOODBURY, MN 55125
* $ 692,134,000 1 $ 15,000
Heritage Bank NA
100 SOUTH STREET W
SPICER, MN 56288
* $ 412,119,000 1 $ 105,000
Watermark Capital, Inc.
100 SPECTRUM CENTER DR STE 150
IRVINE, CA 92618
* $ -1,000 1 $ 285,000
Citizens Alliance Bank
55 NW 1ST ST NW PO BOX 430
CLARA CITY, MN 56222
* $ 758,942,000 1 $ 345,000
Think Mutual Bank
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,625,986,000 1 $ 35,000
Sharepoint Credit Union
5300 HYLAND GREENS DR
BLOOMINGTON, MN 55437
* $ 200,149,000 1 $ 135,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 3,205,800,000 1 $ 205,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ -1,000 1 $ 145,000
Kleinbank
301 CHESTNUT ST
CHASKA, MN 55318
* $ 2,006,441,000 1 $ 115,000
Midcountry Bank
7825 WASHINGTON AVE. S., STE. 120
BLOOMINGTON, MN 55439
* $ 819,888,000 1 $ 135,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ -1,000 1 $ 275,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ -1,000 1 $ 115,000
Axia Financial LLC
1120 112TH AVE NE STE 600
BELLEVUE, WA 98004
* $ -1,000 1 $ 225,000
Progrowth Bank
703 3RD STREET, PO BOX 77
NICOLLET, MN 56074
* $ 141,687,000 1 $ 445,000
Woodlands National Bank
122 EAST MAIN STREET P.O. BOX 190
HINCKLEY, MN 55037
* $ 182,665,000 1 $ 225,000
Peoples Mortgage Company
2055 E CENTENNIAL CIRCLE
TEMPE, AZ 85284
* $ -1,000 1 $ 115,000
Goprime Mortgage, Inc.
320 N SALEM STREET
APEX, NC 27502
* $ -1,000 1 $ 115,000
Freeport State Bank
111 MAIN ST E
FREEPORT, MN 56331
* $ 112,405,000 1 $ 65,000
Highland Bank
5270 WEST 84TH STREET, SUITE 120
BLOOMINGTON, MN 55437
* $ 491,031,000 1 $ 95,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ -1,000 1 $ 125,000
Hiway Credit Union
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,104,663,000 1 $ 95,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 1 $ 225,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 118,072,176,000 1 $ 115,000
Gate City Bank
500 2ND AVE N
FARGO, ND 58102
* $ 2,064,412,000 1 $ 165,000
Accelerate Mortgage, LLC
750 PRIDES CROSSING #303
NEWARK, DE 19713
* $ -1,000 1 $ 125,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 155,000
Howard Bank
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 1,150,216,000 1 $ 125,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 1 $ 125,000
Perl Mortgage, Inc.
2936 WEST BELMONT AVE
CHICAGO, IL 60618
* $ -1,000 1 $ 105,000
Topline Financial Credit Union
9353 JEFFERSON HWY
MAPLE GROVE, MN 55369
* $ 414,043,000 1 $ 35,000
Heartland Credit Union
5500 S ROBERT TRAIL
INVER GROVE HEIGHTS, MN 55077
* $ 114,544,000 1 $ 35,000
First Minnesota Bank
4625 COUNTY ROAD 101
MINNETONKA, MN 55345
* $ 381,065,000 1 $ 55,000
Bank 34
500 EAST TENTH STREET
ALAMOGORDO, NM 88310
* $ 335,906,000 1 $ 185,000
Lend Smart Mortgage, LLC
3450 LEXINGTON AVE N
OAKDALE, MN 55126
* $ -1,000 1 $ 145,000
Genisys Credit Union
2100 EXECUTIVE HILLS BLVD
AUBURN HILLS, MI 48326
* $ 2,349,213,000 1 $ 75,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 4,542,484,000 1 $ 15,000
Florida Capital Bank, N.A
10151 DEERWOOD PARK BLVD. BLDG. 100 #200
JACKSONVILLE, FL 32256
* $ 417,436,000 1 $ 255,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,384,707,000,000 1 $ 195,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 255,000
Cbc National Bank
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 604,714,000 1 $ 295,000
Town & Country Banc Mortgage Services, Inc.
3601 W WABASH AVE
SPRINGFIELD, IL 62711
* $ -1,000 1 $ 345,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 14,726,156,000 1 $ 95,000
Chou Team Realty, LLC
25391 COMMERCENTRE DRIVE
LAKE FOREST, CA 92630
* $ -1,000 1 $ 185,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 1 $ 45,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 1 $ 145,000
Connexus Credit Union
2600 PINE RIDGE
WAUSAU, WI 54401
* $ 1,685,749,000 1 $ 75,000
Sherburne State Bank
12500 SHERBURNE AVE
PO BOX 428, MN 55308
* $ 107,948,000 1 $ 175,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 526,546,000 1 $ 55,000

The tables below break down 2018 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 2018

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 685 $109,875,000 $160,000 $585,000 $77,000 $698,000
Cash-out Refinancing 218 $32,740,000 $150,000 $505,000 $79,000 $780,000
Refinancing 195 $28,515,000 $146,000 $405,000 $87,000 $509,000
Other Purpose 68 $4,950,000 $72,000 $235,000 $96,000 $362,000
Home Improvement 48 $3,410,000 $71,000 $305,000 $99,000 $280,000
Not Applicable 16 $2,080,000 $130,000 $285,000 $71,000 $100,000

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 1,022 $152,020,000 $148,000 $585,000 $82,000 $780,000
Not applicable 116 $18,090,000 $155,000 $445,000 $72,000 $107,000
Not Provided 64 $8,890,000 $138,000 $285,000 $77,000 $185,000
Hispanic 19 $1,765,000 $92,000 $215,000 $68,000 $269,000
Black or African American 4 $420,000 $105,000 $155,000 $67,000 $92,000
Asian 3 $235,000 $78,000 $125,000 $67,000 $107,000
American Indian or Alaskan Native 1 $115,000 $115,000 $115,000 $87,000 $87,000
Native Hawaiian or Other Pacific Islander 1 $35,000 $35,000 $35,000 $21,000 $21,000

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) 869 $126,205,000 $145,000 $455,000 $90,000 $780,000
FHA-insured (Federal Housing Administration) 152 $21,630,000 $142,000 $295,000 $53,000 $154,000
VA-guaranteed (Veterans Administration) 110 $20,470,000 $186,000 $505,000 $63,000 $163,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 99 $13,265,000 $133,000 $585,000 $49,000 $100,000

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 719 $105,565,000 $146,000 $455,000 $83,000 $780,000
Application Denied By Financial Institution 185 $24,515,000 $132,000 $425,000 $65,000 $365,000
Loan Purchased By The Institution 140 $23,490,000 $167,000 $585,000 $99,000 $671,000
Application Withdrawn By Applicant 119 $18,205,000 $152,000 $505,000 $79,000 $337,000
Application Approved But Not Accepted 39 $5,785,000 $148,000 $375,000 $90,000 $509,000
File Closed For Incompleteness 28 $4,010,000 $143,000 $435,000 $99,000 $436,000
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
Not applicable 983 $148,315,000 $150,000 $585,000 $83,000 $671,000
Debt-To-Income Ratio 109 $15,705,000 $144,000 $405,000 $80,000 $780,000
Collateral 50 $6,120,000 $122,000 $425,000 $79,000 $362,000
Credit History 42 $5,070,000 $120,000 $305,000 $66,000 $365,000
Other 21 $3,055,000 $145,000 $285,000 $74,000 $365,000
Credit Application Incomplete 14 $2,050,000 $146,000 $325,000 $68,000 $149,000
Unverifiable Information 4 $540,000 $135,000 $195,000 $68,000 $103,000
Insufficient Cash (Downpayment, Closing Cost) 4 $480,000 $120,000 $145,000 $49,000 $84,000
Employment History 3 $235,000 $78,000 $115,000 $24,000 $24,000
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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