Muscatine County, IA Mortgage Lenders & HMDA Data, 2016

In 2016, lenders reported 1,577 mortgage applications in Muscatine County, IA totaling $199.4 million, up 1% from 2015. The average application was for $126,000, and applicants reported an average income of $65,000. 57% of applications resulted in an originated loan and 17% were denied. The most active lender was Cbi Bank & Trust, with 269 applications, followed by Wells Fargo Bank NA and loanDepot.com LLC.

Looking for lender-specific data?
Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in Iowa.
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 1,577
Total Mortgage Loan Application Amount $199,381,000
Average Mortgage Loan Application Amount $126,000
Highest Mortgage Loan Application Amount $4,050,000
Average Applicant Income $65,000
Highest Applicant Income $1,000,000

Mortgage Company List for Lending in Muscatine County, IA 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
Cbi Bank & Trust
301 IOWA AVE
MUSCATINE, IA 52761
* $ 490,505,000 269 $ 36,299,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,610,580,000,000 96 $ 12,981,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 83 $ 11,727,000
Ascentra Credit Union
PO BOX 1107
BETTENDORF, IA 52722
* $ 369,222,000 83 $ 8,063,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 417,458,234,000 78 $ 7,177,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 175,672,000 73 $ 8,095,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ 10,000,000 71 $ 9,976,000
Ruhl Mortgage LLC
1701 52ND AVENUE
MOLINE, IL 61265
* $ 8,000,000 55 $ 6,387,000
Greenstate Credit Union
2355 LANDON RD
NORTH LIBERTY, IA 52317
* $ 3,195,095,000 51 $ 6,315,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 44 $ 4,515,000
Hills Bank and Trust Company
131 EAST MAIN ST / PO BOX 160
HILLS, IA 52235
* $ 2,492,054,000 38 $ 4,177,000
Freedom Mortgage Corporation
10500 KINCAID DRIVE
FISHERS, IN 46037
* $ 10,000,000 35 $ 4,250,000
Midwestone Bank
102 SOUTH CLINTON STREET
IOWA CITY, IA 52240
* $ 1,720,318,000 28 $ 3,366,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 27 $ 2,898,000
R.I.A. Federal Credit Union
PO BOX 4750
BETTENDORF, IA 52722
* $ 370,737,000 21 $ 614,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 20 $ 3,049,000
I H Mississippi Valley Credit Union
2121 47TH STREET
MOLINE, IL 61265
* $ 961,929,000 18 $ 2,349,000
Inland Bank & Trust
1900 W STATE ST
GENEVA, IL 60134
* $ 1,073,879,000 15 $ 1,592,000
Residential Mortgage Network, Inc.
2461 10TH STREET SUITE 308
IOWA CITY, IA 52245
* $ 10,000,000 14 $ 2,153,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,914,658,000,000 14 $ 1,540,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 13 $ 1,383,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 12 $ 1,053,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 2,952,894,000 11 $ 1,257,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 10 $ 1,279,000
Marine Credit Union
811 MONITOR STREET
LA CROSSE, WI 54601
* $ 625,382,000 10 $ 1,018,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ 52,388,000 10 $ 1,444,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 186,710,993,000 9 $ 1,433,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,709,556,000 9 $ 861,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,639,305,000,000 9 $ 1,517,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 31,272,894,000 8 $ 1,678,000
American B&T C, N.A.
4301 E 53RD STREET
DAVENPORT, IA 52807
* $ 328,575,000 8 $ 1,931,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 8 $ 832,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 8 $ 694,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 7 $ 1,687,000
Collins Community Credit Union
1150 42ND STREET NE
CEDAR RAPIDS, IA 52402
* $ 924,526,000 7 $ 597,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 26,594,410,000 7 $ 486,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 9,622,999,000 7 $ 109,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 6 $ 722,000
Nationwide Bank
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 6,397,488,000 6 $ 873,000
Dubuque Bank and Trust Company
1398 CENTRAL AVENUE
DUBUQUE, IA 52001
* $ 1,617,322,000 5 $ 776,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 5 $ 560,000
Farmers-Merchants Bank of Illinois
P.O. BOX 217
JOY, IL 61260
* $ 45,642,000 5 $ 106,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 5 $ 1,009,000
Vibrant Credit Union
1900 52ND AVE
MOLINE, IL 61265
* $ 551,457,000 5 $ 851,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 5 $ 974,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 451,930,000 5 $ 909,000
Washington State Bank
121 S MARION AVE
WASHINGTON, IA 52353
* $ 288,965,000 5 $ 298,000
Two Rivers Bank & Trust
222 N. MAIN ST
BURLINGTON, IA 52601
* $ 706,900,000 5 $ 678,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 71,130,930,000 4 $ 1,041,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 4 $ 322,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ 32,120,000 4 $ 563,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 4 $ 324,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 4 $ 509,000
Gateway Mortgage Group, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 10,000,000 4 $ 510,000
Bank
1403 S. ROOSEVELT
WAPELLO, IA 52653
* $ 69,479,000 4 $ 419,000
Farmers and Merchants Savings Bank
200 N DEVOE STREET, PO BOX 609
LONE TREE, IA 52755
* $ 93,816,000 4 $ 318,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 4 $ 674,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 3 $ 545,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 3 $ 444,000
American Trust & Savings Bank
895 MAIN STREET
DUBUQUE, IA 52001
* $ 1,044,063,000 3 $ 598,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ 1,603,436,000 3 $ 520,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 3 $ 129,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 3 $ 467,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 3 $ 359,000
Consumer Loan Services, LLC
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 10,000,000 3 $ 349,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,299,801,000,000 3 $ 329,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 95,747,000 3 $ 390,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 186,710,993,000 3 $ 56,000
Gsf Mortgage Corp
15430 W CAPITOL DRIVE
BROOKFIELD, WI 53005
* $ 10,000,000 3 $ 407,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 3 $ 471,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 3 $ 348,000
Southeast National Bank
3535 AVENUE OF THE CITIES
MOLINE, IL 61265
* $ 194,459,000 3 $ 262,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 2 $ 269,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,949,868,000 2 $ 208,000
Regent Financial Group
1910 S 72ND STREET, STE. 103
OMAHA, NE 68135
* $ 0 2 $ 221,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,764,654,000 2 $ 288,000
Midwest Heritage Bank FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ 216,360,000 2 $ 260,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,801,773,000 2 $ 51,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 348,291,098,000 2 $ 128,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 3,128,427,000 2 $ 56,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 125,121,263,000 2 $ 203,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 11,567,246,000 2 $ 212,000
The Family Credit Union
1530 W 53RD STREET
DAVENPORT, IA 52806
* $ 144,644,000 2 $ 28,000
Perl Mortgage, Inc.
2936 WEST BELMONT AVE
CHICAGO, IL 60618
* $ 11,000,000 2 $ 525,000
Great Southern Bank
218 S GLENSTONE AVE
SPRINGFIELD, MO 65802
* $ 4,097,252,000 2 $ 421,000
American Southwest Mortgage Funding Corp
5900 MOSTELLER DRIVE SUITE 8
OKLAHOMA CITY, OK 73112
* $ 336,426,000 2 $ 435,000
Bbmc Mortgage, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 2 $ 310,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 284,507,000 2 $ 392,000
Dutrac Community Credit Union
P O BOX 3250
DUBUQUE, IA 52004
* $ 623,440,000 2 $ 305,000
American Bank of Freedom
127 WEST HUDSON
WELLSVILLE, MO 63384
* $ 166,835,000 2 $ 183,000
Premier Home Mortgage, Inc.
3024 TOWER RD
RAPID CITY, SD 57701
* $ 20,569,000 2 $ 183,000
Performance Equity Partners, Inc.
PO BOX 368
TINLEY PARK, IL 60477
* $ 10,231,000 2 $ 40,000
Compass Mortgage, Inc.
27755 DIEHL ROAD, STE 100
WARRENVILLE, IL 60555
* $ 10,000,000 1 $ 89,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 1 $ 116,000
Kondaur Capital Corporation
333 S ANITA DR STE 400
ORANGE, CA 92868
* $ 54,713,000 1 $ 113,000
First Mortgage Company, L.L.C.
6701 NORTH BROADWAY, SUITE 400
OKLAHOMA CITY, OK 73116
* $ 28,000,000 1 $ 40,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 1 $ 128,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 220,000
Mld Mortgage, Inc.Dba the Money Store
30 B VREELAND ROAD
FLORHAM PARK, NJ 07932
* $ 11,886,522,000 1 $ 98,000
Greater Iowa Credit Union
801 LINCOLN WAY
AMES, IA 50010
* $ 358,749,000 1 $ 10,000
Mwabank
100 17TH STREET
ROCK ISLAND, IL 61201
* $ 267,381,000 1 $ 302,000
Horizon Bank
10841 N 142ND STREET
WAVERLY, NE 68462
* $ 244,213,000 1 $ 1,425,000
Fidelity Bank & Trust
4250 ASBURY ROAD
DUBUQUE, IA 52002
* $ 772,507,000 1 $ 4,050,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 1 $ 214,000
First Trust & Savings Bank of Albany, Illinois
209 SOUTH MAIN STREET
ALBANY, IL 61230
* $ 243,313,000 1 $ 207,000
Fairfax State Savings Bank
PO BOX 277
FAIRFAX, IA 52228
* $ 143,601,000 1 $ 104,000
Swisher Trust & Savings Bank
59 ROSE AVE PO BOX 154
SWISHER, IA 52338
* $ 47,452,000 1 $ 136,000
Mount Vernon Bank and Trust Company
206 FIRST ST SW
MOUNT VERNON, IA 52314
* $ 111,474,000 1 $ 99,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 1 $ 107,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 1 $ 117,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ 101,315,000 1 $ 187,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ 4,993,000 1 $ 106,000
First Federal Credit Union
425 1ST AVE SW
CEDAR RAPIDS, IA 52405
* $ 114,754,000 1 $ 25,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 1 $ 169,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 154,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 73,279,079,000 1 $ 141,000
Blue Grass Savings Bank
104 E. MAYNE PO BOX 248
BLUE GRASS, IA 52726
* $ 187,788,000 1 $ 34,000
Sage Home Loans Corporation
1423 RED VENTURES DRIVE SUITE 201
FORT MILL, SC 29707
* $ 39,000,000 1 $ 143,000
Flagstar Bank NA

TROY, MI 49098
* $ 13,649,486,000 1 $ 98,000
Banc of California, National Association
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 8,231,396,000 1 $ 84,000
Northwest Bank
705 GRAND AVE.
SPENCER, IA 51301
* $ 1,421,072,000 1 $ 162,000
Hiawatha Bank & Trust Company
777 N CENTER PT RD
HIAWATHA, IA 52233
* $ 51,705,000 1 $ 80,000
Inspired Financial Services, LLC
2708 BICENTENNIAL DR, STE A
CEDAR FALLS, IA 50613
* $ 356,249,000 1 $ 220,000
Bankwest, Inc.
420 S. PIERRE STREET, PO BOX 998
PIERRE, SD 57501
* $ 915,092,000 1 $ 14,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 205,125,538,000 1 $ 275,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 27,567,209,000 1 $ 131,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 224,192,000 1 $ 25,000
New York Community Bank
615 MERRICK AVENUE
WESTBURY, NY 11590
* $ 46,472,436,000 1 $ 78,000
First Central State Bank
914 6TH AVE
DE WITT, IA 52742
* $ 354,572,000 1 $ 233,000
Altra Federal Credit Union
1700 OAK FOREST DRIVE
ONALASKA, WI 54650
* $ 1,142,256,000 1 $ 6,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ 4,028,990,000 1 $ 177,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ 100,000,000 1 $ 56,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ 10,000,000 1 $ 220,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 1 $ 197,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ 89,030,433,000 1 $ 85,000
Inlanta Mortgage, Inc.
W239 N3490 PEWAUKEE ROAD, STE.200
PEWAUKEE, WI 53072
* $ 39,000,000 1 $ 160,000
Citizens Equity First Credit U
5401 W DIRKSEN PKWY
PEORIA, IL 61607
* $ 5,297,355,000 1 $ 109,000
Northwest Bank of Rockford
3106 N ROCKTON AVE
ROCKFORD, IL 61103
* $ 249,718,000 1 $ 300,000
Cbc National Bank
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 464,368,000 1 $ 92,000

The tables below break down 2016 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 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 768 $103,067,000 $134,000 $4,050,000 $59,000 $1,000,000
Refinancing 660 $89,459,000 $135,000 $1,300,000 $70,000 $900,000
Home Improvement 149 $6,855,000 $46,000 $417,000 $72,000 $494,000

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 1,111 $137,403,000 $123,000 $1,300,000 $74,000 $900,000
Hispanic 175 $16,815,000 $96,000 $417,000 $50,000 $166,000
Not applicable 159 $27,585,000 $173,000 $4,050,000 $13,000 $172,000
Not Provided 107 $13,569,000 $126,000 $417,000 $67,000 $304,000
Black or African American 17 $2,433,000 $143,000 $417,000 $76,000 $354,000
Asian 6 $1,444,000 $240,000 $680,000 $264,000 $1,000,000
American Indian or Alaskan Native 1 $53,000 $53,000 $53,000 $38,000 $38,000
Native Hawaiin or Other Pacific Islander 1 $79,000 $79,000 $79,000 $31,000 $31,000

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) 1,044 $132,499,000 $126,000 $4,050,000 $77,000 $1,000,000
FHA-insured (Federal Housing Administration) 384 $43,415,000 $113,000 $297,000 $38,000 $900,000
VA-guaranteed (Veterans Administration) 112 $18,982,000 $169,000 $817,000 $56,000 $216,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 37 $4,485,000 $121,000 $195,000 $43,000 $89,000

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 904 $119,337,000 $132,000 $4,050,000 $73,000 $1,000,000
Application Denied By Financial Institution 268 $28,068,000 $104,000 $531,000 $65,000 $900,000
Loan Purchased By The Institution 189 $25,759,000 $136,000 $357,000 $28,000 $214,000
Application Withdrawn By Applicant 108 $13,599,000 $125,000 $817,000 $68,000 $369,000
File Closed For Incompleteness 55 $6,469,000 $117,000 $336,000 $38,000 $146,000
Application Approved But Not Accepted 53 $6,149,000 $116,000 $376,000 $79,000 $236,000
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 43 $3,373,000 $78,000 $255,000 $67,000 $304,000
Debt-To-Income Ratio 26 $1,896,000 $72,000 $215,000 $47,000 $128,000
Collateral 24 $3,449,000 $143,000 $417,000 $99,000 $354,000
Credit Application Incomplete 22 $2,925,000 $132,000 $306,000 $71,000 $280,000
Other 16 $862,000 $53,000 $143,000 $47,000 $81,000
Employment History 3 $219,000 $73,000 $86,000 $34,000 $43,000
Unverifiable Information 1 $116,000 $116,000 $116,000 $31,000 $31,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $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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