Mower County, MN Mortgage Lenders & HMDA Data, 2016

In 2016, lenders reported 1,470 mortgage applications in Mower County, MN totaling $163.5 million, up 7% from 2015. The average application was for $111,000, and applicants reported an average income of $60,000. 60% of applications resulted in an originated loan and 14% were denied. The most active lender was Primelending, with 215 applications, followed by Wells Fargo Bank NA and US Bank, N.A..

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Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in Minnesota.
Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

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 1,470
Total Mortgage Loan Application Amount $163,493,000
Average Mortgage Loan Application Amount $111,000
Highest Mortgage Loan Application Amount $2,000,000
Average Applicant Income $60,000
Highest Applicant Income $1,476,000

Mortgage Company List for Lending in Mower 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
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,764,654,000 215 $ 21,178,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,610,580,000,000 195 $ 24,211,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 182 $ 18,261,000
Home Federal Savings Bank
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 641,901,000 106 $ 9,977,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 100 $ 11,155,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 57 $ 7,430,000
Bremer Bank, NA
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 10,643,549,000 49 $ 3,381,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ 10,000,000 27 $ 5,124,000
Think Mutual Bank
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,538,197,000 23 $ 2,609,000
Freedom Mortgage Corporation
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 19 $ 2,419,000
Provincial Bk
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 84,105,000 18 $ 3,884,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 16 $ 1,258,000
New York Community Bank
615 MERRICK AVENUE
WESTBURY, NY 11590
* $ 46,472,436,000 14 $ 1,680,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ 52,388,000 13 $ 1,687,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 13 $ 1,102,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 13 $ 1,178,000
Truhome Solutions, L.L.C.
9601 LEGLER RD
LENEXA, KS 66219
* $ 1,900,000,000 12 $ 1,412,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,949,868,000 11 $ 1,222,000
Marketplace Home Mortgage, LLC
7380 FRANCE AVE S, STE 200
EDINA, MN 55435
* $ 34,593,007,000 10 $ 799,000
Manufacturers Bank & Trust Co
245 EAST J ST, PO BOX 450
FOREST CITY, IA 50436
* $ 314,620,000 10 $ 1,308,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 10 $ 547,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 9 $ 1,573,000
Homeservices Lending, LLC
2700 WESTOWN PARKWAY, SUITE 345
WEST DES MOINES, IA 50266
* $ 25,000,000 9 $ 1,341,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 9 $ 682,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 988,439,000 8 $ 1,142,000
Citizens State Bank of Hayfiel
216 1ST AVE NE
HAYFIELD, MN 55940
* $ 89,094,000 8 $ 265,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 7 $ 1,118,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,792,910,000 7 $ 615,000
First State Bank Minnesota
102 WEST MAIN ST, PO BOX 369
LEROY, MN 55951
* $ 66,873,000 7 $ 635,000
First Farmers & Merchants Bank
123 SOUTH FOURTH STREET
CANNON FALLS, MN 55009
* $ 274,765,000 6 $ 682,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 6 $ 410,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 6 $ 639,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ 608,779,509,000 6 $ 1,121,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 6 $ 642,000
First Farmers & Mrch St. Bk
105 N MAIN ST. PO BOX 188
GRAND MEADOW, MN 55936
* $ 59,742,000 6 $ 629,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 5 $ 353,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 5 $ 707,000
Cambria Financial Group
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ 7,380,000 5 $ 498,000
Wells Federal Bank
53 1ST ST SW
WELLS, MN 56097
* $ 274,675,000 5 $ 511,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,649,486,000 5 $ 577,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,299,801,000,000 5 $ 513,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 4 $ 369,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,587,008,000 4 $ 525,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 4 $ 428,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 476,220,000 4 $ 273,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 4 $ 376,000
Bay Equity LLC

DETROIT, MI 48226
* $ 12,210,000 4 $ 521,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 4 $ 480,000
First Alliance Credit Union
320 ALLIANCE PL NE
ROCHESTER, MN 55904
* $ 156,210,000 4 $ 658,000
Sterling State Bank
1419 1ST AVENUE SW
AUSTIN, MN 55912
* $ 329,760,000 3 $ 192,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 3 $ 772,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 3 $ 318,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 3 $ 362,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 3 $ 471,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 3 $ 417,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ 35,475,880,000 3 $ 200,000
F & M Community Bank, N.A.
PO BOX 467
PRESTON, MN 55965
* $ 115,994,000 3 $ 708,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 186,710,993,000 3 $ 287,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 3 $ 171,000
Hiway Credit Union
111 EMPIRE DRIVE
SAINT PAUL, MN 55103
* $ 1,014,652,000 3 $ 173,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 3 $ 85,000
American Bank of the North
117 CENTRAL AVENUE
NASHWAUK, MN 55769
* $ 578,695,000 3 $ 372,000
Root River State Bank
18 SE 3RD ST
CHATFIELD, MN 55923
* $ 69,025,000 3 $ 509,000
Forbright Bank
6701 DEMOCRACY BLVD, SUITE 400
CHEVY CHASE, MD 20815
* $ 504,343,000 3 $ 502,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 2 $ 393,000
First National Bank
2457 BROADWAY AVENUE
SLAYTON, MN 56172
* $ 204,707,000 2 $ 38,000
Security State Bank - Lewiston
225 EAST MAIN STREET, PO BOX 430
LEWISTON, MN 55952
* $ 66,401,000 2 $ 46,000
Roundbank
200 SECOND STREET NE, PO BOX 667
WASECA, MN 56093
* $ 296,627,000 2 $ 440,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 2 $ 30,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 3,656,580,000 2 $ 178,000
Altra Federal Credit Union
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ 1,142,256,000 2 $ 309,000
Mortgages Unlimited Inc.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ 1,518,000 2 $ 356,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 138,620,635,000 2 $ 368,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 27,567,209,000 2 $ 555,000
Banc of California, National Association
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 8,231,396,000 2 $ 331,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 2 $ 345,000
Mayo Employees Federal Credit Union
130 23RD AVE SW
ROCHESTER, MN 55902
* $ 759,467,000 2 $ 320,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 2 $ 237,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ 10,000,000 2 $ 193,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ 10,000,000 2 $ 517,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 444,244,000 2 $ 16,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 2 $ 219,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 2 $ 81,000
Lend Smart Mortgage, LLC
3450 LEXINGTON AVE N
OAKDALE, MN 55126
* $ 2,304,353,000 2 $ 262,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 2 $ 178,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 1 $ 169,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 1 $ 100,000
United Fidelity Funding Corp.
1300 NW BRIARCLIFF PKWY SUITE 275
JEFFERSON CITY, MO 64150
* $ 1,000,000,000 1 $ 106,000
Bank Mutual
4949 W BROWN DEER RD
MILWAUKEE, WI 53224
* $ 2,500,976,000 1 $ 125,000
Coulee Bank
1516 LOSEY BLVD. S.
LA CROSSE, WI 54601
* $ 340,232,000 1 $ 166,000
Bbmc Mortgage, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 1 $ 202,000
First Choice Loan Services Inc.
ONE TOWER CENTER, FLOOR #18
EAST BRUNSWICK, NJ 08816
* $ 669,000,000 1 $ 109,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ 1,603,436,000 1 $ 77,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 152,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 1 $ 186,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 1 $ 91,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 1 $ 94,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,597,914,000 1 $ 70,000
Profinium, Inc.
105 LAKE AVE. PO BOX 848
FAIRMONT, MN 56031
* $ 358,317,000 1 $ 42,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 1 $ 236,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 1 $ 57,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 1 $ 228,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 1 $ 81,000
Consumer Loan Services, LLC
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 10,000,000 1 $ 124,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 2,887,863,000 1 $ 181,000
Northwest Bank
705 GRAND AVE.
SPENCER, IA 51301
* $ 1,421,072,000 1 $ 58,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 822,669,000 1 $ 45,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ 32,120,000 1 $ 85,000
Results Mortgage, LLC
11200 WEST 78TH STREET, SUITE 50
EDEN PRAIRIE, MN 55344
* $ 1,000,000 1 $ 82,000
Flagship Financial Group, Llc.
3130 W. MAPLE LOOP DR.
LEHI, UT 84043
* $ 0 1 $ 185,000
Prospect Mortgage, LLC
15301 VENTURA BLVD SUITE D300
SHERMAN OAKS, CA 91403
* $ 10,000,000 1 $ 105,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 85,747,508,000 1 $ 52,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 104,121,677,000 1 $ 57,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 273,231,606,000 1 $ 174,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,709,556,000 1 $ 207,000
Midwest Heritage Bank FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ 216,360,000 1 $ 257,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 224,192,000 1 $ 18,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ 10,000,000 1 $ 163,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 4,227,852,000 1 $ 3,000
Inlanta Mortgage, Inc.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ 39,000,000 1 $ 147,000
Firefly
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 1,040,260,000 1 $ 133,000
Trustone Financial Credit Union
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 1,047,915,000 1 $ 50,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 9,622,999,000 1 $ 25,000
Kleinbank
301 CHESTNUT ST
CHASKA, MN 55318
* $ 1,906,975,000 1 $ 440,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ 100,000,000 1 $ 49,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ 10,000,000 1 $ 128,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 160,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 1 $ 213,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 84,000
Peoples Home Equity
5205 MARYLAND WAY SUITE 100
BRENTWOOD, TN 37027
* $ 1,065,000 1 $ 173,000
Tradition Mortgage, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ 10,000,000 1 $ 90,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ 4,028,990,000 1 $ 123,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 55,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 1 $ 196,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ 9,774,230,000 1 $ 73,000
Onb Bank
975 34TH AVE NW
ROCHESTER, MN 55901
* $ 59,098,000 1 $ 215,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ 10,000,000 1 $ 72,000
First Option Mortgage, LLC
1100 CIRCLE 75 PARKWAY SOUTH EAST SUITE 300
ATLANTA, GA 30339
* $ 941,000 1 $ 103,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 1,267,342,000 1 $ 81,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 567,648,000 1 $ 78,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 451,930,000 1 $ 83,000

The tables below break down 2016 mortgage applications in Mower 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 Mower 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 807 $90,687,000 $112,000 $2,000,000 $52,000 $831,000
Refinancing 546 $66,324,000 $121,000 $544,000 $68,000 $1,476,000
Home Improvement 117 $6,482,000 $55,000 $510,000 $72,000 $542,000

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 1,030 $119,644,000 $116,000 $544,000 $71,000 $1,476,000
Not applicable 169 $18,461,000 $109,000 $2,000,000 $3,000 $185,000
Not Provided 93 $10,127,000 $108,000 $500,000 $68,000 $269,000
Hispanic 78 $5,956,000 $76,000 $508,000 $45,000 $295,000
Asian 76 $6,556,000 $86,000 $375,000 $36,000 $95,000
Black or African American 19 $2,485,000 $130,000 $342,000 $71,000 $185,000
American Indian or Alaskan Native 4 $172,000 $43,000 $120,000 $64,000 $128,000
Native Hawaiin or Other Pacific Islander 1 $92,000 $92,000 $92,000 $44,000 $44,000

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) 969 $110,815,000 $114,000 $2,000,000 $73,000 $1,476,000
FHA-insured (Federal Housing Administration) 394 $39,078,000 $99,000 $276,000 $31,000 $134,000
VA-guaranteed (Veterans Administration) 75 $9,977,000 $133,000 $390,000 $51,000 $192,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 32 $3,623,000 $113,000 $200,000 $36,000 $96,000

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 $100,896,000 $113,000 $2,000,000 $66,000 $1,476,000
Application Denied By Financial Institution 204 $20,531,000 $100,000 $540,000 $65,000 $696,000
Loan Purchased By The Institution 178 $19,347,000 $108,000 $314,000 $19,000 $185,000
Application Withdrawn By Applicant 117 $13,952,000 $119,000 $505,000 $61,000 $292,000
Application Approved But Not Accepted 49 $5,636,000 $115,000 $544,000 $69,000 $247,000
File Closed For Incompleteness 33 $3,131,000 $94,000 $508,000 $45,000 $295,000
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 49 $3,024,000 $61,000 $250,000 $57,000 $125,000
Collateral 23 $2,415,000 $105,000 $250,000 $68,000 $198,000
Debt-To-Income Ratio 18 $1,637,000 $90,000 $510,000 $36,000 $120,000
Credit Application Incomplete 12 $1,111,000 $92,000 $222,000 $113,000 $531,000
Other 7 $335,000 $47,000 $75,000 $38,000 $50,000
Employment History 6 $445,000 $74,000 $128,000 $38,000 $51,000
Unverifiable Information 3 $352,000 $117,000 $172,000 $30,000 $60,000
Insufficient Cash (Downpayment, Closing Cost) 2 $620,000 $310,000 $540,000 $104,000 $178,000
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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