Muscatine County, IA Mortgage Lenders & HMDA Data, 2008

In 2008, lenders reported 1,744 mortgage applications in Muscatine County, IA totaling $197.7 million, down 28% from 2007. The average application was for $113,000, and applicants reported an average income of $60,000. 42% of applications resulted in an originated loan and 23% were denied. The most active lender was Countrywide Bank FSB, with 144 applications, followed by Wells Fargo Bank, NA and Hfc Company 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 1,744
Total Mortgage Loan Application Amount $197,667,000
Average Mortgage Loan Application Amount $113,000
Highest Mortgage Loan Application Amount $5,025,000
Average Applicant Income $60,000
Highest Applicant Income $1,044,000

Mortgage Company List for Lending in Muscatine County, IA for 2008

* 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
Countrywide Bank FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 121,054,736,000 144 $ 16,267,000
Wells Fargo Bank, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 467,861,000,000 116 $ 15,053,000
Hfc Company LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 15,000,000 106 $ 11,726,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,318,888,000,000 91 $ 10,630,000
US Bank, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 232,759,503,000 81 $ 9,636,000
Citimortgage, Inc
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 69 $ 8,280,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 63 $ 5,790,000
Hills Bank and Trust Company
131 EAST MAIN ST / PO BOX 160
HILLS, IA 52235
* $ 1,660,069,000 49 $ 3,919,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 46 $ 6,235,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 589,821,000 45 $ 5,040,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 40 $ 4,123,000
First Bank Richmond, NA
P.O. BOX 937
RICHMOND, IN 47375
* $ 653,393,000 39 $ 979,000
Ascentra Credit Union
PO BOX 1107
BETTENDORF, IA 52722
* $ 145,490,000 36 $ 2,760,000
Citifinancial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 35 $ 1,793,000
Iowa Bankers Mortgage Corporat
8800 NW 62ND AVE PO BOX 6220
JOHNSTON, IA 50131
* $ 10,000,000 31 $ 4,343,000
Shelter Mortgage Company, LLC
4000 W BROWN DEER ROAD
BROWN DEER, WI 53209
* $ 12,000,000 29 $ 3,222,000
Wells Fargo Fin'l Iowa 3, Inc
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 36,752,895,000 29 $ 3,315,000
Taylor, Bean & Whitaker
315 NE 14TH STREET
OCALA, FL 34470
* $ 10,000,000 26 $ 2,271,000
Guaranty Bank, FSB
4000 W BROWN DEER ROAD
BROWN DEER, WI 53209
* $ 1,795,053,000 25 $ 2,850,000
Amtrust Bank
1801 E. 9TH ST #200
CLEVELAND, OH 44114
* $ 16,938,391,000 24 $ 3,514,000
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ 619,196,000 23 $ 2,718,000
US Bank North Dakota
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 5,028,246,000 22 $ 924,000
Ally Bank F/K/A/ Gmac Bank
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 28,404,352,000 19 $ 2,734,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 19 $ 2,316,000
BNC National Bank

BISMARCK, ND 58501
* $ 699,030,000 19 $ 1,916,000
Citicorp Trust Bank, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 18,878,056,000 18 $ 2,368,000
Triumph Community Bank NA
2040 1ST STREET A
MOLINE, IL 61265
* $ 1,012,241,000 17 $ 789,000
American B&T C, N.A.
4301 E 53RD STREET
DAVENPORT, IA 52807
* $ 659,524,000 15 $ 1,652,000
Suntrust Mortgage, Inc
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 175,107,526,000 15 $ 2,014,000
Eloan
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 15 $ 2,190,000
First Tennessee Bank NA
165 MADISON 5TH FLOOR
MEMPHIS, TN 38103
* $ 36,725,591,000 14 $ 1,293,000
R.I.A. Federal Credit Union
PO BOX 4750
BETTENDORF, IA 52722
* $ 204,885,000 14 $ 634,000
Qr Lending Inc
555 ZOR SHRINE PLACE
MADISON, WI 53719
* $ 1,093,327,000 13 $ 1,547,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 12 $ 1,111,000
Equipoint Financial Network
3636 NOBEL SUITE 400
SAN DIEGO, CA 92122
* $ 10,000,000 12 $ 1,298,000
Bank of America, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,312,794,218,000 12 $ 1,811,000
M&T Bank
1 M&T PLAZA -15TH FLOOR
BUFFALO, NY 14203
* $ 64,072,546,000 12 $ 1,356,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 12 $ 1,540,000
Boulevard Bank
111 E MAIN ST
NEOSHO, MO 64850
* $ 111,500,000 12 $ 987,000
Flagstar Bank
5151 CORPORATE DR
TROY, MI 48098
* $ 15,757,171,000 11 $ 1,505,000
Wintrust Mortgage Corporation
660 MIDWEST RD SUITE 100
OAK BROOK TERRACE, IL 60181
* $ 300,000,000 11 $ 1,112,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 11 $ 1,721,000
Csmc, Inc
10425 W NORTH AVENUE SUITE 100
WAUWATOSA, WI 53226
* $ 10,000,000 10 $ 901,000
Countrywide Home Loans
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 199,946,230,000 10 $ 773,000
State Farm Bank
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 15,898,003,000 9 $ 1,199,000
Valley Bank
3455 AVENUE OF THE CITIES
MOLINE, IL 61265
* $ 593,886,000 9 $ 1,246,000
Farmers-Merchants Bank of Illinois
P.O. BOX 217
JOY, IL 61260
* $ 40,862,000 9 $ 283,000
Riverbend Home Mortgage
1991 SPRUCE HILLS DR
BETTENDORF, IA 52722
* $ 261,705,000 8 $ 807,000
Dutrac Community Credit Union
P O BOX 3250
DUBUQUE, IA 52004
* $ 325,589,000 8 $ 1,505,000
The Family Credit Union
1530 W 53RD STREET
DAVENPORT, IA 52806
* $ 66,900,000 8 $ 373,000
Freedom Mortgage Corp.
10500 KINCAID DR. STE. 300
FISHERS, IN 46037
* $ 10,000,000 7 $ 775,000
Capital One Home Loans, LLC
12800 FOSTER STREET
OVERLAND PARK, KS 66213
* $ 88,701,411,000 7 $ 744,000
Capital One NA
11130 INDUSTRIALPLEX BLVD
BATON ROUGE, LA 70809
* $ 97,517,902,000 7 $ 55,000
National City Bank
1900 E NINTH ST LOC 01-3144
CLEVELAND, OH 44114
* $ 138,755,343,000 7 $ 1,011,000
HSBC Mortgage Corp
2929 WALDEN AVE
DEPEW, NY 14043
* $ 92,958,000 6 $ 498,000
Quad City Bank and Trust
4500 NORTH BRADY STREET
DAVENPORT, IA 52806
* $ 861,379,000 6 $ 1,504,000
Allied Home Mtg Capital Corp
6110 PINEMONT DR., STE. 215
HOUSTON, TX 77092
* $ 10,000,000 6 $ 558,000
Franklin American Mortgage Co
501 CORPORATE CENTRE DRIVE, SUITE 400
FRANKLIN, TN 37067
* $ 10,000,000 6 $ 683,000
Farm Credit Services of America, Flca
5015 S 118TH ST
OMAHA, NE 68137
* $ 10,000,000 6 $ 1,787,000
Everhome Mortgage Company
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 3,027,261,000 6 $ 579,000
1st Advantage Mortgage
701 E 22ND ST, STE 125
LOMBARD, IL 60148
* $ 10,000,000 6 $ 584,000
Vibrant Credit Union
1900 52ND AVE
MOLINE, IL 61265
* $ 317,864,000 5 $ 710,000
Associated Bank, N.A.
200 N ADAMS ST
GREEN BAY, WI 54301
* $ 21,335,735,000 4 $ 767,000
Metlife Bank, N.A.
334 MADISON AVENUE
CONVENT STATION, NJ 07961
* $ 7,406,877,000 4 $ 656,000
Ge Money Bank
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 14,839,190,000 4 $ 52,000
M&I Bank FSB
W57N14280 DOERR WAY
CEDARBURG, WI 53012
* $ 1,402,062,000 4 $ 695,000
Wachovia Mortgage FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 56,294,475,000 3 $ 393,000
Everbank
8100 NATIONS WAY
JACKSONVILLE, FL 32256
* $ 5,518,089,000 3 $ 351,000
Ing Bank, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 79,977,597,000 3 $ 234,000
Beneficial Financial I, Inc.
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 11,000,000 3 $ 264,000
First Central State Bank
914 6TH AVE
DE WITT, IA 52742
* $ 210,323,000 3 $ 463,000
Citibank, N.A.
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,251,715,000,000 3 $ 202,000
Freedom Security Bank
140 HOLIDAY ROAD
CORALVILLE, IA 52241
* $ 93,877,000 3 $ 437,000
Nfcu
820 FOLLIN LANE
VIENNA, VA 22180
* $ 33,011,920,000 3 $ 781,000
Gb Mortgage, LLC
4000 W BROWN DEER ROAD
BROWN DEER, WI 53209
* $ 29,183,000 3 $ 241,000
Origen Financial Services LLC
27777 FRANKLIN ROAD SUITE 1710
SOUTHFIELD, MI 48034
* $ 10,000,000 3 $ 112,000
Universal Mortgage Corporation
12080 NORTH CORPORATE PKWY SUITE 100
MEQUON, WI 53092
* $ 10,000,000 3 $ 365,000
Allied Home Mortgage Corp.
6110 PINEMONT DR., STE. 220
HOUSTON, TX 77092
* $ 10,000,000 3 $ 366,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 3 $ 272,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 2 $ 198,000
Homecomings Financial LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 2 $ 221,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ 101,315,000 2 $ 570,000
Merrill Lynch Credit Corp.
4804 DEER LAKE DRIVE EAST BLDG 3 FL 5
JACKSONVILLE, FL 32246
* $ 4,500,000,000 2 $ 401,000
I H Mississippi Valley Credit Union
2121 47TH STREET
MOLINE, IL 61265
* $ 601,689,000 2 $ 109,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 1,284,209,000 2 $ 263,000
Home Loan Center
163 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 10,000,000 2 $ 212,000
Avelo Mortgage, L.L.C
250 EAST JOHN CARPENTER FREEWAY
IRVING, TX 75062
* $ 10,000,000 2 $ 230,000
Chase Manhattan Bank USA, NA
200 WHITE CLAY CENTER DR
NEWARK, DE 19711
* $ 77,748,330,000 2 $ 468,000
West Bank
1601 22ND STREET
WEST DES MOINES, IA 50266
* $ 1,322,712,000 2 $ 110,000
Blackhawk Bank & Trust
301 4TH STREET WEST
MILAN, IL 61264
* $ 788,217,000 2 $ 112,000
Buffalo Savings Bank
120 WASHINGTON STREET, P.O. BOX 489
BUFFALO, IA 52728
* $ 41,540,000 2 $ 209,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 61,450,273,000 2 $ 331,000
Midwest Heritage Bank, FSB
1025 BRADEN AVENUE, P. O. BOX 331
CHARITON, IA 50049
* $ 122,905,000 2 $ 211,000
American Sterling Bank
535 S STERLING
SUGAR CREEK, MO 64054
* $ 272,321,000 2 $ 288,000
Midfirst Bank
501 NW GRAND BLVD.
OKLAHOMA CITY, OK 73118
* $ 12,970,989,000 2 $ 162,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 30,219,506,000 2 $ 250,000
United Security Savings Bank
1211 EDGEWOOD ROAD SW
CEDAR RAPIDS, IA 52404
* $ 44,353,000 1 $ 360,000
Mwabank
1701 1ST AVENUE
ROCK ISLAND, IL 61201
* $ 166,952,000 1 $ 45,000
Liberty Bank F.S.B.
6400 WESTOWN PARKWAY
WEST DES MOINES, IA 50266
* $ 1,071,066,000 1 $ 20,000
Nationwide Bank
ONE NATIONWIDE PLAZA, 2-14-05
COLUMBUS, OH 43215
* $ 1,126,185,000 1 $ 45,000
Fidelity Bank & Trust
4250 ASBURY ROAD
DUBUQUE, IA 52002
* $ 262,367,000 1 $ 296,000
Bank of the West
1977 SATURN STREET MS SC-MPK-03-N
MONTEREY PARK, CA 91755
* $ 61,829,845,000 1 $ 84,000
First Trust and Savings Bank
123 S. MAIN STREET
WHEATLAND, IA 52777
* $ 92,188,000 1 $ 18,000
Branch Banking and Trust Co
223 W NASH STREET
WILSON, NC 27893
* $ 127,698,351,000 1 $ 125,000
Guaranty Bank
1341 W BATTLEFIELD
SPRINGFIELD, MO 65807
* $ 564,856,000 1 $ 187,000
Country Bank
1308 SE 4TH ST PO BOX 9
ALEDO, IL 61231
* $ 135,646,000 1 $ 70,000
Stifel Bank & Trust
501 N BROADWAY
ST LOUIS, MO 63141
* $ 248,983,000 1 $ 170,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 124,782,289,000 1 $ 15,000
Wells Fargo Bank, NA
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 653,269,000,000 1 $ 200,000
Sterling National Mortgage Co.
98 CUTTERMILL RD
GREAT NECK, NY 11021
* $ 964,388,000 1 $ 297,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 8,040,022,000 1 $ 44,000
Washington State Bank
121 S MARION AVE
WASHINGTON, IA 52353
* $ 206,945,000 1 $ 300,000
Red Mortgage Capital Inc
1900 E NINTH ST
CLEVELAND, OH 44114
* $ 11,912,000,000 1 $ 5,025,000
Americanmtgnetwork dba Vertice
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 473,000,000,000 1 $ 127,000
Premier Bank
2625 NW ARTERIAL
DUBUQUE, IA 52002
* $ 239,894,000 1 $ 110,000
Beneficial Company LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 1 $ 135,000
Equifirst Corporation
13000 S TRYON ST, STE F, PMB 317
CHARLOTTE, NC 28278
* $ 343,735,670,000 1 $ 171,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 3,154,401,000 1 $ 93,000
Cedar Rapids Bank and Trust
500 1ST AVENUE NE SUITE 100
CEDAR RAPIDS, IA 52401
* $ 383,954,000 1 $ 116,000
Go Mortgage, LLC

COLUMBUS, OH 43219
* $ 10,000,000 1 $ 178,000
Novastar Mortgage
2114 CENTRAL SUITE 600
KANSAS CITY, MO 64108
* $ 10,000,000 1 $ 118,000
Ark-La-Tex Financial Services
5160 TENNYSON PKWY, SUITE 2000W
PLANO, TX 75024
* $ 10,000,000 1 $ 74,000
Plaza Home Mortgage, Inc
5090 SHOREHAM PLACE, SUITE #206
SAN DIEGO, CA 92122
* $ 10,000,000 1 $ 86,000
Universal Lending Corporation
6775 EAST EVANS AVE.
DENVER, CO 80224
* $ 10,000,000 1 $ 154,000
Gas & Electric Credit Union
2300 4TH AVE
ROCK ISLAND, IL 61201
* $ 38,307,000 1 $ 10,000
Community 1st Credit Union
1030 SIERRA DR NE
OTTUMWA, IA 52501
* $ 226,050,000 1 $ 70,000
CU Factory Built Lending, LP
6061 IH-10 WEST
SAN ANTONIO, TX 78201
* $ 1,761,607,000 1 $ 48,000
Dupaco Community Credit Union
PO BOX 179
DUBUQUE, IA 52004
* $ 475,321,000 1 $ 148,000
Hudson City Savings Bank
WEST 80 CENTURY ROAD
PARAMUS, NJ 07652
* $ 44,142,119,000 1 $ 107,000
Liberty Mortgage Corporation
223 W NASH STREET
WILSON, NC 27893
* $ 2,406,088,000 1 $ 160,000
Weichert Financial Services
225 LITTLETON ROAD
MORRIS PLAINS, NJ 07950
* $ 31,000,000 1 $ 216,000
Lsi Mortgage Plus
6470 E JOHNS CROSSING STE 400
DULUTH, GA 30097
* $ 1,704,000 1 $ 147,000
American General Fin.Serv.(De)
601 N.W. SECOND STREET, P.O. BOX 59
EVANSVILLE, IN 47701
* $ 10,000,000 1 $ 3,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 326,000
Premium Capital Funding LLC
125 JERICHO TPKE
JERICHO, NY 11753
* $ 10,000,000 1 $ 133,000
dba Homepoint Lending
959 SOUTH COAST DRIVE #490
COSTA MESA, CA 92626
* $ 10,000,000 1 $ 165,000
First Residential Mortgage
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 1 $ 160,000
Mortgage Research Center, LLC
2101 CHAPEL PLAZA COURT SUITE 107
COLUMBIA, MO 65203
* $ 880,000,000 1 $ 117,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 95,000
Saxon Mortgage
4840 COX ROAD
GLEN ALLEN, VA 23060
* $ 10,000,000 1 $ 78,000
Nationwide Mortgage Concepts,
40380 DESERT CREEK LANE
RANCHO MIRAGE, CA 92270
* $ 10,000,000 1 $ 207,000

The tables below break down 2008 mortgage applications in Muscatine County, IA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Muscatine County, IA in 2008

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 947 $112,261,000 $118,000 $797,000 $62,000 $1,044,000
Home Purchase 641 $76,113,000 $118,000 $5,025,000 $57,000 $457,000
Home Improvement 156 $9,293,000 $59,000 $650,000 $61,000 $658,000

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 1,273 $142,262,000 $111,000 $797,000 $64,000 $750,000
Not Provided 201 $21,623,000 $107,000 $360,000 $63,000 $1,044,000
Hispanic 144 $13,408,000 $93,000 $393,000 $48,000 $163,000
Not applicable 100 $17,567,000 $175,000 $5,025,000 $33,000 $658,000
Black or African American 11 $825,000 $75,000 $118,000 $37,000 $59,000
Asian 10 $1,290,000 $129,000 $216,000 $60,000 $112,000
American Indian or Alaskan Native 5 $692,000 $138,000 $351,000 $66,000 $168,000
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) 1,184 $135,352,000 $114,000 $5,025,000 $67,000 $1,044,000
FHA-insured (Federal Housing Administration) 522 $57,592,000 $110,000 $276,000 $47,000 $156,000
VA-guaranteed (Veterans Administration) 28 $3,575,000 $127,000 $277,000 $55,000 $111,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 10 $1,148,000 $114,000 $139,000 $27,000 $57,000

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 741 $87,636,000 $118,000 $5,025,000 $66,000 $750,000
Application Denied By Financial Institution 409 $41,208,000 $100,000 $797,000 $54,000 $292,000
Loan Purchased By The Institution 304 $35,349,000 $116,000 $351,000 $46,000 $750,000
Application Withdrawn By Applicant 144 $17,841,000 $123,000 $650,000 $74,000 $1,044,000
Application Approved But Not Accepted 103 $9,641,000 $93,000 $282,000 $59,000 $457,000
File Closed For Incompleteness 42 $5,851,000 $139,000 $305,000 $83,000 $450,000
Preapproval Approved but not Accepted 1 $141,000 $141,000 $141,000 $98,000 $98,000
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
Collateral 60 $6,728,000 $112,000 $400,000 $59,000 $154,000
Credit History 59 $4,197,000 $71,000 $233,000 $56,000 $292,000
Debt-To-Income Ratio 27 $3,822,000 $141,000 $797,000 $60,000 $292,000
Credit Application Incomplete 20 $2,042,000 $102,000 $247,000 $44,000 $118,000
Other 12 $1,011,000 $84,000 $182,000 $46,000 $112,000
Insufficient Cash (Downpayment, Closing Cost) 5 $758,000 $151,000 $255,000 $75,000 $116,000
Unverifiable Information 4 $739,000 $184,000 $255,000 $80,000 $102,000
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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