Newaygo County, MI Mortgage Lenders & HMDA Data, 2014

In 2014, lenders reported 1,759 mortgage applications in Newaygo County, MI totaling $177.6 million, down 27% from 2013. The average application was for $100,000, and applicants reported an average income of $59,000. 52% of applications resulted in an originated loan and 20% were denied. The most active lender was Independent Bank, with 182 applications, followed by Choiceone Bank and Gerber Federal Credit Union.

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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 1,759
Total Mortgage Loan Application Amount $177,600,000
Average Mortgage Loan Application Amount $100,000
Highest Mortgage Loan Application Amount $3,200,000
Average Applicant Income $59,000
Highest Applicant Income $2,100,000

Mortgage Company List for Lending in Newaygo County, MI for 2014

* 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
Independent Bank
4200 EAST BELTLINE
GRAND RAPIDS, MI 49525
* $ 2,199,198,000 182 $ 12,705,000
Choiceone Bank
109 E. DIVISION ST.
SPARTA, MI 49345
* $ 513,928,000 164 $ 19,111,000
Gerber Federal Credit Union
508 STATE STREET PO BOX 116
FREMONT, MI 49412
* $ 121,917,000 117 $ 8,421,000
Fifth Third Mortgage, Mi LLC
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 48,969,000 106 $ 10,770,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 59,304,805,000 77 $ 6,584,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,373,600,000,000 69 $ 7,130,000
Lake Michigan Credit Union
PO BOX 2848
GRAND RAPIDS, MI 49501
* $ 3,042,240,000 61 $ 6,659,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 57 $ 6,117,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 127,428,329,000 56 $ 6,333,000
Chemical Bank
333 E MAIN STREET
MIDLAND, MI 48640
* $ 6,176,405,000 55 $ 6,092,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,945,467,000,000 42 $ 4,341,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 30 $ 3,110,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 26 $ 2,322,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 127,428,329,000 26 $ 1,548,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 179,126,294,000 25 $ 2,851,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 22 $ 2,366,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 309,999,678,000 20 $ 1,410,000
Neighborhood Mortgage Solutions, LLC
PO BOX 209 544 N MAIN ST
FRANKENMUTH, MI 48734
* $ 77,551,000 18 $ 2,039,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,346,747,000,000 18 $ 1,919,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 18 $ 2,429,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,433,716,000,000 17 $ 1,948,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 17 $ 1,964,000
Wmcu
1319 FRONT AVE NW
GRAND RAPIDS, MI 49504
* $ 133,249,000 17 $ 966,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ 10,000,000 16 $ 2,112,000
The Shelby State Bank
242 N MICHIGAN AVE
SHELBY, MI 49455
* $ 210,498,000 16 $ 1,292,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ 11,800,000 15 $ 1,449,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ 40,394,000 13 $ 1,543,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 360,478,278,000 12 $ 1,459,000
Msu Federal Credit Union
3777 WEST ROAD
EAST LANSING, MI 48823
* $ 2,536,690,000 11 $ 397,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 17,638,918,000 10 $ 1,064,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 9 $ 913,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ 35,475,880,000 9 $ 1,261,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 62,866,954,000 9 $ 891,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 9 $ 844,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 8 $ 307,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 8 $ 903,000
Aspire Financial Inc
4100 ALPHA RD #112
DALLAS, TX 75244
* $ 10,000,000 8 $ 898,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 55,502,976,000 8 $ 709,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 15,766,346,000 8 $ 445,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 8 $ 977,000
Diamond Residential Mtg Corp
582 OAKWOOD AVE
LAKE FOREST, IL 60045
* $ 12,837,000 7 $ 1,286,000
McGlone Mortgage Company, Inc.
3701 E. EVERGREEN DRIVE, SUITE 500B
APPLETON, WI 54913
* $ 10,000,000 7 $ 823,000
Talmer Bank and Trust
2301 W. BIG BEAVER RD., SUITE 200
TROY, MI 48084
* $ 2,308,075,000 7 $ 1,013,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 7 $ 773,000
Mms Mortgage Services, Ltd.
38275 TWELVE MILE RD., SUITE 100
FARMINGTON HILLS, MI 48331
* $ 5,598,000 7 $ 809,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 6 $ 1,087,000
Rivertown Community
3121 MACATAWA DR
GRANDVILLE, MI 49418
* $ 66,518,000 6 $ 221,000
Mortgage 1 Incorporated
43456 MOUND ROAD
STERLING HEIGHTS, MI 48314
* $ 9,135,000 6 $ 725,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 299,620,000 6 $ 423,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,596,388,000 6 $ 449,000
Evolve Bank & Trust
6000 POPLAR AVENUE SUITE 300
MEMPHIS, TN 38119
* $ 277,561,000 6 $ 410,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ 10,000,000 6 $ 711,000
Northern Mortgage Services, LLC
3714 28TH ST SW
GRANDVILLE, MI 49418
* $ 3,904,000 6 $ 625,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ 10,000,000 6 $ 842,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 6 $ 693,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 5 $ 452,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 5 $ 505,000
Macatawa Bank, N.A.

ROSEMONT, IL 60018
* $ 1,513,964,000 5 $ 3,474,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 5 $ 498,000
United Bank Mortgage Corporati
900 EAST PARIS AVE SE
GRAND RAPIDS, MI 49546
* $ 264,000,000 4 $ 473,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 4 $ 469,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ 10,000,000 4 $ 548,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ 10,000,000 4 $ 477,000
Comerica Bank

FARMINGTON HILLS, MI 48331
* $ 65,201,888,000 4 $ 358,000
Mortgage300 Corporation
10 SE CENTRAL PARKWAY SUITE 325
STUART, FL 34994
* $ 500,000 4 $ 407,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 4 $ 630,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 4 $ 967,000
Discover Home Loans, Inc
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 79,339,664,000 4 $ 559,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 4 $ 528,000
Preferred Credit Union
3767 SPARKS DR SE
GRAND RAPIDS, MI 49546
* $ 149,977,000 3 $ 40,000
Ditech Mortgage Corp
1100 VIRGINIA DRIVE, SUITE 100
FT. WASHINGTON, PA 19034
* $ 5,720,000 3 $ 434,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 3 $ 310,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 577,338,000 3 $ 43,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 3 $ 315,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ 10,000,000 3 $ 331,000
Success Mortgage Partners, Inc
1200 S. SHELDON RD.
PLYMOUTH, MI 48170
* $ 1,912,000 3 $ 255,000
Firstbank
102 S MAIN ST
MT PLEASANT, MI 48858
* $ 1,222,044,000 3 $ 52,000
Founders Bank & Trust
5200 CASCADE ROAD SE
GRAND RAPIDS, MI 49546
* $ 455,975,000 3 $ 720,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 3 $ 306,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 617,585,000 3 $ 264,000
Bbmc Mortgage, LLC
100 W. 22ND ST
LOMBARD, IL 60148
* $ 149,000,000 3 $ 788,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ 10,000,000 3 $ 240,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 3 $ 417,000
Cityworth Mortgage LLC
11781 LEE JACKSON HIGHWAY
FAIRFAX, VA 22033
* $ 1,400,000,000 2 $ 294,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 2 $ 314,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,161,463,000 2 $ 344,000
First Midwest Bank
300 N. HUNT CLUB ROAD
GURNEE, IL 60031
* $ 8,122,963,000 2 $ 130,000
Isabella Bank
139 E. BROADWAY
MT PLEASANT, MI 48858
* $ 1,433,762,000 2 $ 143,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 171,261,678,000 2 $ 74,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 84,362,333,000 2 $ 271,000
West Michigan Community Bank
5367 SCHOOL AVE.
HUDSONVILLE, MI 49426
* $ 198,653,000 2 $ 122,000
Mortgage Center Lc
26555 EVERGREEN RD SUITE 900
SOUTHFIELD, MI 48076
* $ 30,000,000 2 $ 144,000
Harborlight
2151 COGSWELL DR.
WHITEHALL, MI 49461
* $ 90,139,000 2 $ 115,000
Fedcom Credit Union
150 ANN ST NW
GRAND RAPIDS, MI 49321
* $ 52,600,000 2 $ 119,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 2 $ 116,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 2 $ 128,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 2 $ 153,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 2 $ 198,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,261,678,000 2 $ 301,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 1 $ 61,000
Vectra Bank Colorado, NA
7800 E. DORADO PLACE, SUITE 100
GREENWOOD VILLAGE, CO 80111
* $ 2,570,710,000 1 $ 150,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 470,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 1 $ 75,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ 50,442,000 1 $ 125,000
Roundpoint Mortgage Company
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 1 $ 212,000
Weichert Financial Services
225 LITTLETON ROAD
MORRIS PLAINS, NJ 07950
* $ 31,000,000 1 $ 212,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 117,000
Draper and Kramer Mortgage Corp.
1431 OPUS PLACE SUITE 200
WILMINGTON, DE 60515
* $ 10,000,000 1 $ 87,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 1 $ 90,000
Summit Mortgage Corporation
13355 10TH AVE N, SUITE 100
PLYMOUTH, MN 55442
* $ 10,000,000 1 $ 108,000
Guardian Mortgage Company, Inc
100 N. CENTRAL EXPRESSWAY SUITE 190
RICHARDSON, TX 75083
* $ 10,000,000 1 $ 1,000
Consumers Credit Union
PO BOX 525
KALAMAZOO, MI 49009
* $ 501,034,000 1 $ 28,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 1 $ 50,000
Family Financial Credit Union
3575 HENRY ST
MUSKEGON, MI 49441
* $ 91,274,000 1 $ 20,000
United Financial Credit Union
4685 STATE ST.
SAGINAW, MI 48603
* $ 173,977,000 1 $ 160,000
Community West Credit Union
4045 60TH ST SE
KENTWOOD, MI 49512
* $ 122,377,000 1 $ 91,000
Arbor Financial Credit Union
1551 SOUTH 9TH STREET
KALAMAZOO, MI 49009
* $ 399,969,000 1 $ 44,000
Dfcu Financial
400 TOWN CENTER DRIVE
DEARBORN, MI 48121
* $ 3,538,032,000 1 $ 10,000
Best Financial Credit Union
1888 E SHERMAN BLVD
MUSKEGON, MI 49444
* $ 71,499,000 1 $ 15,000
Howard Bank
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 499,849,000 1 $ 109,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,361,206,000 1 $ 143,000
Mb Financial Bank NA
6111 N. RIVER ROAD
ROSEMONT, IL 60018
* $ 9,624,027,000 1 $ 148,000
Firstmerit Bank NA
III CASCADE PLAZA - CAS46
AKRON, OH 44308
* $ 23,864,142,000 1 $ 23,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 238,482,903,000 1 $ 85,000
United Federal Credit Union
2807 SOUTH STATE ST
ST. JOSEPH, MI 49085
* $ 1,644,015,000 1 $ 79,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 7,873,796,000 1 $ 51,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 204,003,000 1 $ 9,000
Mercantile Bank
310 LEONARD STREET NORTH WEST
GRAND RAPIDS, MI 49504
* $ 1,423,946,000 1 $ 204,000
The Bank of Holland
150 CENTRAL AVE
HOLLAND, MI 49423
* $ 715,804,000 1 $ 140,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ 32,120,000 1 $ 152,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 1 $ 132,000
Amwest Funding Corp
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ 10,000,000 1 $ 130,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ 10,000,000 1 $ 142,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 456,942,000 1 $ 170,000
Muskegon Co-Op Federal Credit Union
1051 PECK ST
MUSKEGON, MI 49440
* $ 49,645,000 1 $ 40,000
Citizens State Bank
13840 W. NEWBERRY RD
NEWBERRY, FL 32669
* $ 191,437,000 1 $ 7,000
Nationwide Equities Corporation
225 BRAE BLVD SUITE 202
PARK RIDGE, NJ 07656
* $ 10,000,000 1 $ 105,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 1 $ 100,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 245,863,000 1 $ 167,000
New Buffalo Savings Bank
45 N WHITTAKER ST
NEW BUFFALO, MI 49117
* $ 94,311,000 1 $ 20,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ 8,151,987,000 1 $ 320,000
Gladewater National Bank
678 N MAIN
GLADEWATER, TX 75647
* $ 55,642,000 1 $ 192,000
Cfbank
3009 SMITH RD SUITE 100
FAIRLAWN, OH 44333
* $ 251,614,000 1 $ 75,000
Residential Acceptance Corporation
5027 W LAUREL ST
TAMPA, FL 33607
* $ 10,000,000 1 $ 70,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ 10,000,000 1 $ 108,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 86,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 139,000
Countryplace Mortgage, Ltd.

PLANO, TX 75024
* $ 10,000,000 1 $ 150,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 81,000
Guaranty Trust Company
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 225,000,000 1 $ 104,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 168,648,000 1 $ 244,000
Freestar Financial Credit Union
PO BOX 2800
MT. CLEMENS, MI 48046
* $ 163,903,000 1 $ 183,000
Kalsee Credit Union
2501 MILLCORK STREET
KALAMAZOO, MI 49001
* $ 141,997,000 1 $ 80,000

The tables below break down 2014 mortgage applications in Newaygo County, MI by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Newaygo County, MI in 2014

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 838 $93,111,000 $111,000 $3,200,000 $56,000 $1,186,000
Refinancing 752 $78,602,000 $104,000 $925,000 $64,000 $2,100,000
Home Improvement 169 $5,887,000 $34,000 $228,000 $58,000 $339,000

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 1,376 $134,714,000 $97,000 $925,000 $65,000 $2,100,000
Not Provided 173 $14,353,000 $82,000 $467,000 $66,000 $425,000
Not applicable 167 $24,867,000 $148,000 $3,200,000 $3,000 $144,000
Hispanic 27 $2,225,000 $82,000 $208,000 $71,000 $670,000
Black or African American 9 $515,000 $57,000 $148,000 $79,000 $209,000
American Indian or Alaskan Native 6 $735,000 $122,000 $347,000 $63,000 $120,000
Asian 1 $191,000 $191,000 $191,000 $60,000 $60,000
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) 1,228 $122,552,000 $99,000 $3,200,000 $69,000 $2,100,000
FHA-insured (Federal Housing Administration) 288 $28,393,000 $98,000 $276,000 $35,000 $124,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 137 $12,660,000 $92,000 $187,000 $32,000 $81,000
VA-guaranteed (Veterans Administration) 106 $13,995,000 $132,000 $351,000 $47,000 $169,000

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 922 $94,418,000 $102,000 $3,200,000 $67,000 $1,346,000
Application Denied By Financial Institution 345 $29,276,000 $84,000 $470,000 $56,000 $1,080,000
Loan Purchased By The Institution 230 $25,216,000 $109,000 $925,000 $17,000 $275,000
Application Withdrawn By Applicant 163 $15,534,000 $95,000 $320,000 $76,000 $2,100,000
File Closed For Incompleteness 59 $5,705,000 $96,000 $280,000 $59,000 $150,000
Application Approved But Not Accepted 40 $7,451,000 $186,000 $3,150,000 $85,000 $450,000
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
Collateral 67 $6,812,000 $101,000 $470,000 $63,000 $237,000
Credit History 58 $3,464,000 $59,000 $250,000 $86,000 $1,080,000
Credit Application Incomplete 30 $3,378,000 $112,000 $244,000 $52,000 $115,000
Debt-To-Income Ratio 26 $2,349,000 $90,000 $183,000 $42,000 $103,000
Other 14 $1,141,000 $81,000 $198,000 $31,000 $73,000
Unverifiable Information 5 $595,000 $119,000 $205,000 $70,000 $146,000
Insufficient Cash (Downpayment, Closing Cost) 4 $353,000 $88,000 $142,000 $12,000 $25,000
Employment History 2 $117,000 $58,000 $63,000 $27,000 $33,000
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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