Muscatine County, IA Mortgage Lenders & HMDA Data, 2012

In 2012, lenders reported 1,621 mortgage applications in Muscatine County, IA totaling $199.0 million, up 21% from 2011. The average application was for $122,000, and applicants reported an average income of $60,000. 56% of applications resulted in an originated loan and 13% were denied. The most active lender was Wells Fargo Bank NA, with 193 applications, followed by US Bank, N.A. and Ascentra Credit Union.

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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 1,621
Total Mortgage Loan Application Amount $199,043,000
Average Mortgage Loan Application Amount $122,000
Highest Mortgage Loan Application Amount $4,200,000
Average Applicant Income $60,000
Highest Applicant Income $559,000

Mortgage Company List for Lending in Muscatine County, IA for 2012

* 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
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,161,490,000,000 193 $ 24,068,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 330,470,810,000 155 $ 19,256,000
Ascentra Credit Union
PO BOX 1107
BETTENDORF, IA 52722
* $ 257,136,000 104 $ 9,359,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 1,676,440,000 94 $ 10,303,000
Guaranty Bank
501 W NORTHSHORE DR. SUITE 400
GLENDALE, WI 53217
* $ 1,163,507,000 85 $ 10,678,000
US Bk NA Nd
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,997,931,000 75 $ 5,112,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ 10,000,000 69 $ 8,805,000
Premier Home Mortgage, Inc.
3024 TOWER RD
RAPID CITY, SD 57701
* $ 20,569,000 52 $ 6,022,000
Hills Bank and Trust Company
131 EAST MAIN ST / PO BOX 160
HILLS, IA 52235
* $ 2,018,333,000 50 $ 7,968,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,811,678,000,000 48 $ 4,871,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 42 $ 4,169,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 168,867,640,000 33 $ 4,816,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 29 $ 2,853,000
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ 1,422,343,000 28 $ 3,023,000
Compass Mortgage, Inc.
27755 DIEHL ROAD, STE 100
WARRENVILLE, IL 60555
* $ 10,000,000 26 $ 2,746,000
R.I.A. Federal Credit Union
PO BOX 4750
BETTENDORF, IA 52722
* $ 333,732,000 25 $ 1,120,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,459,157,302,000 25 $ 2,789,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,288,658,000,000 23 $ 2,051,000
I H Mississippi Valley Credit Union
2121 47TH STREET
MOLINE, IL 61265
* $ 841,413,000 21 $ 2,560,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,623,469,000 17 $ 2,209,000
Residential Mortgage Network, Inc.
2461 10TH STREET SUITE 308
IOWA CITY, IA 52245
* $ 10,000,000 15 $ 2,006,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 15 $ 1,557,000
The Family Credit Union
1530 W 53RD STREET
DAVENPORT, IA 52806
* $ 113,947,000 13 $ 879,000
Vibrant Credit Union
1900 52ND AVE
MOLINE, IL 61265
* $ 443,750,000 11 $ 1,396,000
Valley Bank
3455 AVENUE OF THE CITIES
MOLINE, IL 61265
* $ 616,985,000 11 $ 3,252,000
Farmers and Merchants Savings Bank
200 N DEVOE STREET, PO BOX 609
LONE TREE, IA 52755
* $ 115,559,000 10 $ 703,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 85,381,954,000 10 $ 1,379,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 921,138,000 9 $ 1,253,000
Dutrac Community Credit Union
P O BOX 3250
DUBUQUE, IA 52004
* $ 514,639,000 9 $ 1,295,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 9 $ 1,119,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 8 $ 1,148,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 8 $ 926,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 7 $ 1,044,000
Midwest Bank
200 EAST BROADWAY, P.O. BOX 440
MONMOUTH, IL 61462
* $ 417,673,000 7 $ 699,000
Quad City Bank and Trust
4500 NORTH BRADY STREET
DAVENPORT, IA 52806
* $ 1,122,692,000 7 $ 1,526,000
Mwabank
100 17TH STREET
ROCK ISLAND, IL 61201
* $ 247,090,000 7 $ 845,000
American B&T C, N.A.
4301 E 53RD STREET
DAVENPORT, IA 52807
* $ 465,591,000 7 $ 992,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 13,039,950,000 7 $ 463,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 7 $ 1,667,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 7 $ 1,146,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 6 $ 162,000
BNC National Bank

BISMARCK, ND 58501
* $ 662,437,000 6 $ 753,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,736,579,000 6 $ 393,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 419,837,000 6 $ 849,000
Midwest Heritage Bank FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ 154,418,000 5 $ 903,000
Washington State Bank
121 S MARION AVE
WASHINGTON, IA 52353
* $ 227,009,000 5 $ 367,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 5 $ 604,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ 10,000,000 4 $ 507,000
Consumer Loan Services, LLC
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 10,000,000 4 $ 394,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 4 $ 961,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,291,705,000 4 $ 859,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,790,194,000 4 $ 325,000
Farmers-Merchants Bank of Illinois
P.O. BOX 217
JOY, IL 61260
* $ 44,705,000 4 $ 98,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 240,651,000 4 $ 404,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 2,019,284,000 4 $ 488,000
Community 1st Credit Union
1030 SIERRA DR NE
OTTUMWA, IA 52501
* $ 368,929,000 4 $ 147,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 2,123,880,000 3 $ 160,000
First Central State Bank
914 6TH AVE
DE WITT, IA 52742
* $ 268,736,000 3 $ 786,000
Great Western Bank
35 1ST AVE NE
WATERTOWN, SD 57201
* $ 8,458,002,000 3 $ 310,000
American Bank of Freedom
127 WEST HUDSON
WELLSVILLE, MO 63384
* $ 103,931,000 3 $ 591,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 3 $ 339,000
Mount Vernon Bank and Trust Company
206 FIRST ST SW
MOUNT VERNON, IA 52314
* $ 94,865,000 3 $ 338,000
Corda Credit Union
3015 BLAIRS FERRY RD NE
CEDAR RAPIDS, IA 52402
* $ 284,341,000 3 $ 706,000
Boulevard Bank
111 E.MAIN STREET
NEOSHO, MO 64850
* $ 161,402,000 3 $ 50,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 978,405,000 3 $ 368,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 72,848,000 3 $ 475,000
American Trust & Savings Bank
895 MAIN STREET
DUBUQUE, IA 52001
* $ 860,893,000 3 $ 4,536,000
Shelter Mortgage Company, LLC
4000 W BROWN DEER ROAD
BROWN DEER, WI 53209
* $ 1,270,503,000 3 $ 326,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ 1,603,436,000 3 $ 283,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 3 $ 433,000
Triumph Community Bank NA
2040 1ST STREET A
MOLINE, IL 61265
* $ 1,047,198,000 3 $ 217,000
Access National Bank
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 808,645,000 3 $ 400,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 3 $ 312,000
Farm Credit Services of America, Flca
5015 S 118TH ST
OMAHA, NE 68137
* $ 10,000,000 3 $ 1,705,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 2 $ 352,000
Generation Mortgage Company
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 2 $ 228,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 123,368,203,000 2 $ 178,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 2 $ 328,000
Reverse Mortgage USA, Inc.
6500 RIVER PLACE BLVD, BLDG 1, STE 425
AUSTIN, TX 78730
* $ 3,305,000 2 $ 186,000
Nycb Mortgage Company, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 2 $ 231,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 76,887,082,000 2 $ 130,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 62,408,304,000 2 $ 32,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 2 $ 265,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 52,181,685,000 2 $ 362,000
Cbc National Bank
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 477,611,000 2 $ 385,000
Southeast National Bank
3535 AVENUE OF THE CITIES
MOLINE, IL 61265
* $ 139,026,000 2 $ 386,000
Grand Bank, National Association
2297 HWY 33
HAMILTON, NJ 08690
* $ 341,507,000 2 $ 237,000
Bankers Trust Company
453 7TH STREET
DES MOINES, IA 50309
* $ 398,219,000 2 $ 3,725,000
Lincoln Savings Bank
301 WASHINGTON ST
REINBECK, IA 50669
* $ 582,933,000 2 $ 268,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 515,461,000 2 $ 370,000
Alliance Financial Resources
5410 EAST HIGH STREET SUITE 200
PHOENIX, AZ 85054
* $ 10,000,000 2 $ 206,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 2 $ 238,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 1 $ 186,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 1 $ 186,000
West Bank
1601 22ND STREET
WEST DES MOINES, IA 50266
* $ 1,256,935,000 1 $ 115,000
Keystone Savings Bank
81 MAIN STREET, PO BOX 367
KEYSTONE, IA 52249
* $ 77,073,000 1 $ 176,000
Gas & Electric Credit Union
2300 4TH AVE
ROCK ISLAND, IL 61201
* $ 57,986,000 1 $ 134,000
Marine Credit Union
811 MONITOR STREET
LA CROSSE, WI 54601
* $ 426,033,000 1 $ 75,000
Cuso Mortgage, Inc.
5601 E LA PALMA AVENUE
ANAHEIM, CA 92807
* $ 10,000,000 1 $ 160,000
Guaranty Bank and Trust Company
500 1ST AVENUE NE
CEDAR RAPIDS, IA 52401
* $ 237,879,000 1 $ 100,000
1st Community Bank
1803 SE 3RD ST PO BOX 147
ALEDO, IL 61231
* $ 61,188,000 1 $ 33,000
First Trust & Savings Bank of Albany, Illinois
209 SOUTH MAIN STREET
ALBANY, IL 61230
* $ 164,082,000 1 $ 264,000
First Trust and Savings Bank
123 S. MAIN STREET
WHEATLAND, IA 52777
* $ 123,212,000 1 $ 44,000
Raccoon Valley Bank
1202 SECOND
PERRY, IA 50220
* $ 186,056,000 1 $ 109,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,898,665,000 1 $ 119,000
Nationwide Bank
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 4,479,945,000 1 $ 175,000
Colorado Federal Savings Bank8
400 EAST PRENTICE AVE, SUITE 840
GREENWOOD VILLAGE, CO 80111
* $ 1,547,178,000 1 $ 131,000
Two Rivers Bank & Trust
222 N. MAIN ST
BURLINGTON, IA 52601
* $ 667,958,000 1 $ 50,000
Affiliated Mortgage Company
5700 LEGACY DRIVE STE 10
PLANO, TX 75024
* $ 212,423,000 1 $ 214,000
Ing Bank, FSB / Capital One
11130 INDUSTRIPLEX BLVD
BATON ROUGE, LA 70809
* $ 92,212,498,000 1 $ 47,000
First National Bank of Stlouis
7707 FORSYTH BLVD
CLAYTON, MO 63105
* $ 1,327,659,000 1 $ 123,000
Metlife Bank, N.A.
1555 WEST WALNUT HILL LANE, STE. 200
IRVING, TX 75038
* $ 25,513,620,000 1 $ 148,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,283,070,000 1 $ 49,000
Bremer Bank, NA
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 2,725,454,000 1 $ 100,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 263,309,559,000 1 $ 121,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 15,056,671,000 1 $ 260,000
Onemain Financial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 2,084,000,000 1 $ 25,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 114,540,379,000 1 $ 117,000
Homeservices Lending, LLC
2700 WESTOWN PARKWAY, SUITE 345
WEST DES MOINES, IA 50266
* $ 25,000,000 1 $ 113,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 21,715,012,000 1 $ 150,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 93,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ 32,120,000 1 $ 150,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 43,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 1 $ 154,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ 37,000,000 1 $ 128,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 97,264,044,000 1 $ 50,000
Great Western Financial Services, Inc.
5408 W PLANO PKWY
PLANO, TX 75093
* $ 10,000,000 1 $ 135,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 103,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 1 $ 154,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ 603,000 1 $ 83,000
Roundpoint Mortgage Company
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 1 $ 263,000
Caliber Funding LLC
6031 CONNECTION DRIVE, SUITE 200
IRVING, TX 75039
* $ 37,112,000 1 $ 245,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 1 $ 101,000
Inlanta Mortgage, Inc.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ 39,000,000 1 $ 86,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 1 $ 142,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ 10,000,000 1 $ 133,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 244,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 1 $ 102,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 1 $ 32,000

The tables below break down 2012 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 2012

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 948 $121,902,000 $128,000 $3,627,000 $64,000 $559,000
Home Purchase 572 $72,852,000 $127,000 $4,200,000 $54,000 $514,000
Home Improvement 101 $4,289,000 $42,000 $216,000 $55,000 $200,000

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 1,214 $144,479,000 $119,000 $1,061,000 $67,000 $559,000
Not applicable 166 $30,223,000 $182,000 $4,200,000 $9,000 $174,000
Hispanic 122 $10,768,000 $88,000 $366,000 $51,000 $230,000
Not Provided 102 $11,711,000 $114,000 $336,000 $64,000 $276,000
Black or African American 9 $952,000 $105,000 $280,000 $62,000 $108,000
Asian 5 $619,000 $123,000 $202,000 $82,000 $144,000
American Indian or Alaskan Native 2 $163,000 $81,000 $112,000 $35,000 $39,000
Native Hawaiian or Other Pacific Islander 1 $128,000 $128,000 $128,000 $60,000 $60,000

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) 1,078 $135,155,000 $125,000 $4,200,000 $70,000 $559,000
FHA-insured (Federal Housing Administration) 417 $47,677,000 $114,000 $275,000 $40,000 $157,000
VA-guaranteed (Veterans Administration) 86 $11,764,000 $136,000 $319,000 $40,000 $161,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 40 $4,447,000 $111,000 $175,000 $39,000 $76,000

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 900 $113,945,000 $126,000 $4,200,000 $67,000 $559,000
Loan Purchased By The Institution 315 $39,835,000 $126,000 $380,000 $35,000 $278,000
Application Denied By Financial Institution 215 $21,642,000 $100,000 $638,000 $55,000 $286,000
Application Withdrawn By Applicant 101 $11,851,000 $117,000 $401,000 $70,000 $514,000
Application Approved But Not Accepted 60 $8,104,000 $135,000 $652,000 $67,000 $314,000
File Closed For Incompleteness 30 $3,666,000 $122,000 $336,000 $76,000 $276,000
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 62 $4,480,000 $72,000 $350,000 $54,000 $215,000
Debt-To-Income Ratio 27 $2,557,000 $94,000 $309,000 $41,000 $109,000
Collateral 26 $3,002,000 $115,000 $345,000 $51,000 $90,000
Other 13 $1,116,000 $85,000 $214,000 $57,000 $136,000
Unverifiable Information 9 $887,000 $98,000 $158,000 $58,000 $117,000
Credit Application Incomplete 9 $803,000 $89,000 $147,000 $51,000 $157,000
Employment History 4 $421,000 $105,000 $156,000 $39,000 $80,000
Insufficient Cash (Downpayment, Closing Cost) 1 $78,000 $78,000 $78,000 $0 $0
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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