Okmulgee County, OK Mortgage Lenders & HMDA Data, 2023

In 2023, lenders reported 1,360 mortgage applications in Okmulgee County, OK totaling $212.4 million, down 10% from 2022. The average application was for $156,000, and applicants reported an average income of $90,000. 43% of applications resulted in an originated loan and 22% were denied. The most active lender was Vanderbilt Mortgage and Finance, Inc, with 106 applications, followed by Patrons Bank, NA and Mabrey Bank.

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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 1,360
Total Mortgage Loan Application Amount $212,380,000
Average Mortgage Loan Application Amount $156,000
Highest Mortgage Loan Application Amount $1,065,000
Average Applicant Income $90,000
Highest Applicant Income $2,722,000

Mortgage Company List for Lending in Okmulgee County, OK for 2023

* 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
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 106 $ 14,760,000
Patrons Bank, NA
PO BOX 1037
OKMULGEE, OK 74447
* $ 285,441,000 89 $ 7,685,000
Mabrey Bank
P O BOX 130
BIXBY, OK 74008
* $ 1,577,103,000 77 $ 10,075,000
American Exchange Bank
510 W MAIN ST
HENRYETTA, OK 74437
* $ 80,649,000 75 $ 7,165,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 66 $ 9,760,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 61 $ 8,785,000
Arvest Bank

TULSA, OK 74103
* $ 26,441,420,000 56 $ 6,890,000
Flat Branch Mortgage, Inc.
101 S. FIFTH STREET, STE 200
COLUMBIA, MO 65201
* $ -1,000 45 $ 8,305,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 42 $ 7,250,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 3,601,623,000 38 $ 5,100,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 28 $ 5,800,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 47,596,192,000 27 $ 2,775,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 27 $ 6,985,000
Associated Mortgage Corporation
6911 SOUTH 66TH EAST AVENUE SUITE 100
TULSA, OK 74136
* $ -1,000 20 $ 4,210,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 20 $ 2,970,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 129,461,046,000 19 $ 1,265,000
First United Bank and Trust Co
PO BOX 130
DURANT, OK 74702
* $ 14,547,035,000 18 $ 4,500,000
Ttcu Federal Credit Union
9815 E 81ST ST
TULSA, OK 74133
* $ 2,684,022,000 14 $ 2,390,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 14 $ 2,440,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 14 $ 2,790,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 13 $ 2,425,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 12 $ 2,240,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 12 $ 1,970,000
Westreet Federal Credit Union
9323 E.21ST STREET
TULSA, OK 74129
* $ 953,796,000 12 $ 1,320,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 11 $ 1,425,000
Countryplace Mortgage, Ltd.

PLANO, TX 75024
* $ -1,000 11 $ 1,615,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 2,040,399,000 11 $ 3,405,000
Bancfirst
101 NORTH BROADWAY AVENUE
OKLAHOMA CITY, OK 73102
* $ 10,406,351,000 11 $ 1,445,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 11 $ 2,305,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 11 $ 3,145,000
Western Sun FCU
4620 W KENOSHA STREET
BROKEN ARROW, OK 74012
* $ 193,928,000 10 $ 930,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 9 $ 1,205,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 9 $ 1,785,000
United Built Homes, LLC
8500 LINE AVE
SHREVEPORT, LA 71106
* $ -1,000 9 $ 2,325,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 9 $ 1,455,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 8 $ 1,770,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,418,508,000,000 8 $ 980,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 8 $ 1,160,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 8 $ 1,220,000
Communication Federal Credit Union
4141 NW EXPRESSWAY, SUITE 200
OKLAHOMA CITY, OK 73116
* $ 1,956,034,000 8 $ 900,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 8 $ 1,280,000
Loan Funder LLC
645 MADISON AVENUE, 19TH FLOOR
NEW YORK, NY 10022
* $ -1,000 7 $ 935,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 7 $ 985,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 7 $ 1,315,000
Chickasaw Community Bank
909 S MERIDIAN AVE
OKLAHOMA CITY, OK 73142
* $ 479,101,000 7 $ 1,295,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 7 $ 455,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 7 $ 1,425,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 7 $ 1,395,000
American Heritage Bank
PO BOX 1408/2 SOUTH MAIN
SAPULPA, OK 74066
* $ 1,455,553,000 7 $ 1,245,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 6 $ 1,030,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 6 $ 1,460,000
The Central Trust Bank
238 MADISON ST.
JEFFERSON CITY, MO 65101
* $ 19,309,880,000 6 $ 1,290,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 3,765,608,000 6 $ 890,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 6 $ 1,070,000
Data Mortgage, Inc

OCALA, FL 34475
* $ -1,000 6 $ 930,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 6 $ 420,000
Stride Bank, National Association
324 WEST BROADWAY AVENUE
ENID, OK 73701
* $ 2,702,968,000 5 $ 985,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 5 $ 565,000
The Mortgage Link, Inc.
3 RESEARCH PL #100
ROCKVILLE, MD 20850
* $ -1,000 5 $ 975,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 5 $ 895,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,717,531,000,000 5 $ 965,000
American Homestar Mortgage, LLC
2450 SOUTH SHORE BLVD., SUITE 301
LEAGUE CITY, TX 77573
* $ -1,000 5 $ 1,025,000
Cornerstone Capital Bank, SSB
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ 1,991,593,000 5 $ 1,005,000
Csl Financial, LLC
500 OFFICE PARK DRIVE SUITE 310
BIRMINGHAM, AL 35223
* $ -1,000 4 $ 620,000
United Fidelity Funding Corp.
1300 NW BRIARCLIFF PKWY SUITE 275
JEFFERSON CITY, MO 64150
* $ -1,000 4 $ 500,000
US Mortgage Corporation
201 OLD COUNTRY ROAD
MELVILLE, NY 11747
* $ -1,000 4 $ 700,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 3 $ 475,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 110,900,000,000 3 $ 1,045,000
Firstar Bank
1720 E CHEROKEE AVE
SALLISAW, OK 74955
* $ 920,605,000 3 $ 515,000
American Bank of Oklahoma
200 E MAIN, P.O. BOX 66
COLLINSVILLE, OK 74021
* $ 353,552,000 3 $ 985,000
The First National Bank and Trust Company of Broke
121 SOUTH MAIN STEET
BROKEN ARROW, OK 74012
* $ 247,372,000 3 $ 275,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ -1,000 3 $ 1,745,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 2 $ 360,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 2 $ 280,000
United Community Bank
PO BOX 398
GREENVILLE, SC 29601
* $ 23,954,627,000 2 $ 230,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 850,000
Flagstar Bank NA

TROY, MI 49098
* $ 90,036,656,000 2 $ 250,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 2 $ 510,000
Tib, National Association
11701 LUNA ROAD
FARMERS BRANCH, TX 75234
* $ 2,550,980,000 2 $ 380,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 441,843,000 2 $ 280,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 2 $ 410,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 2 $ 220,000
Regent Bank
105 N MAPLE
TULSA, OK 74136
* $ 1,225,185,000 2 $ 350,000
Southwest Funding LP
13150 COIT ROAD STE 100
DALLAS, TX 75240
* $ -1,000 2 $ 260,000
First Bank of Owasso
PO BOX 1800
OWASSO, OK 74055
* $ 552,382,000 2 $ 1,020,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 8,876,888,000 2 $ 400,000
Draper and Kramer Mortgage Corp.
1431 OPUS PLACE SUITE 200
WILMINGTON, DE 60515
* $ -1,000 2 $ 350,000
Commerce Bank
922 WALNUT, TB 12-1
KANSAS CITY, MO 64106
* $ 31,679,817,000 2 $ 60,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 6,722,761,000 2 $ 300,000
Avb Bank
302 SOUTH MAIN
BROKEN ARROW, OK 74012
* $ 478,858,000 2 $ 1,050,000
Tinker Federal Credit Union
4140 W I-40
OKLAHOMA CITY, OK 73108
* $ 6,032,105,000 2 $ 110,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 2 $ 210,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ 3,141,703,000 2 $ 60,000
Citadel Servicing Corporation
15707 ROCKFIELD BLVD STE 320
IRVINE, CA 92618
* $ -1,000 2 $ 420,000
Truhome Solutions, LLC
9601 LEGLER ROAD
LENEXA, KS 66219
* $ -1,000 2 $ 230,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 2 $ 320,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 1 $ 115,000
Prosperity Bank
1301 N MECHANIC ST
EL CAMPO, TX 77437
* $ 37,695,970,000 1 $ 105,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 780,976,000 1 $ 215,000
Spiritbank
1800 S BALTIMORE AVE STE 600
TULSA, OK 74119
* $ 698,929,000 1 $ 145,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 1 $ 195,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 175,000
Liberty Savings Bank, FSB
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 1,191,714,000 1 $ 355,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 379,838,000 1 $ 25,000
Jefferson Financial Federal Credit Union

BILOXI, MS 39531
* $ 863,493,000 1 $ 75,000
Truity Federal Credit Union
501 S JOHNSTONE
BARTLESVILLE, OK 74003
* $ 1,093,825,000 1 $ 15,000
First Bank and Trust Co
PO BOX 580
DUNCAN, OK 73533
* $ 824,264,000 1 $ 65,000
UMB Bank NA
1010 GRAND BLVD
KANSAS CITY, MO 64106
* $ 38,279,055,000 1 $ 225,000
Radiant Credit Union
405 SE 2ND PLACE
GAINESVILLE, FL 32606
* $ 749,271,000 1 $ 145,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ -1,000 1 $ 185,000
Amoco Federal Credit Union
2300 TEXAS AVE
TEXAS CITY, TX 77590
* $ 1,338,287,000 1 $ 265,000
Ocmbc, Inc.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ -1,000 1 $ 215,000
Green Country Federal Credit Union
202 EAST MORROW ROAD
SAND SPRINGS, OK 74063
* $ 150,282,000 1 $ 545,000
First Pryority Bank
310 E GRAHAM AVE
PRYOR, OK 74361
* $ 378,351,000 1 $ 225,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 1 $ 375,000
Liberty Home Mortgage Corp
4401 ROCKSIDE RD 310
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 105,000
Great Plains National Bank
5909 NW EXPRESSWAY
ELK CITY, OK 73644
* $ 1,458,130,000 1 $ 215,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 1,052,701,000 1 $ 135,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,766,752,000,000 1 $ 555,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 552,307,127,000 1 $ 85,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 1 $ 95,000
Farmers Bank & Trust
1017 HARRISON
GREAT BEND, KS 67530
* $ 977,048,000 1 $ 375,000
Civic Financial Services, LLC
2015 MANHATTAN BEACH BLVD STE 106
GLENDALE, CA 90278
* $ -1,000 1 $ 235,000
Angel Oak Mortgage Solutions LLC
980 HAMMOND DRIVE, SUITE 850
ATLANTA, GA 30328
* $ -1,000 1 $ 105,000
Axia Financial LLC
1120 112TH AVE NE STE 600
BELLEVUE, WA 98004
* $ -1,000 1 $ 345,000
The Bank, National Association
201 E CARL ALBERT PKWY
MCALESTER, OK 74501
* $ 484,490,000 1 $ 315,000
McKenzie Banking Company
676 N MAIN ST
MCKENZIE, TN 38201
* $ 187,721,000 1 $ 125,000
United Federal Credit Union
2807 SOUTH STATE ST
ST. JOSEPH, MI 49085
* $ 3,908,828,000 1 $ 195,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ -1,000 1 $ 145,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 265,000
Mortgage Clearing Corporation
5612 S LEWIS
TULSA, OK 74105
* $ -1,000 1 $ 395,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 365,000
Nationwide Mortgage Bankers, Inc.

MELVILLE, NY 11747
* $ -1,000 1 $ 135,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 155,000
New Fed Mortgage Corp.
98 HIGH ST
DANVERS, MA 01923
* $ -1,000 1 $ 285,000
Bank7
1039 N.W. 63RD ST
OKLAHOMA CITY, OK 73116
* $ 1,583,235,000 1 $ 105,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 205,000
Community Bank
P.O. BOX 1020
BRISTOW, OK 74010
* $ 112,176,000 1 $ 115,000
Simmons Bank
501 MAIN
PINE BLUFF, AR 71601
* $ 27,409,758,000 1 $ 475,000
A&D Mortgage LLC
899 W. CYPRESS CREEK ROAD
FT. LAUDERDALE, FL 33309
* $ -1,000 1 $ 295,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ 3,078,918,000 1 $ 155,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 225,000
A+ Federal Credit Union
6420 US HWY 290 EAST
AUSTIN, TX 78723
* $ 2,725,398,000 1 $ 165,000
Acrisure Mortgage, LLC
189 S ORANGE AVE STE 970
ORLANDO, FL 32801
* $ -1,000 1 $ 105,000

The tables below break down 2023 mortgage applications in Okmulgee County, OK by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Okmulgee County, OK in 2023

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 909 $159,425,000 $175,000 $1,065,000 $91,000 $2,722,000
Cash-out Refinancing 141 $22,185,000 $157,000 $525,000 $85,000 $348,000
Home Improvement 122 $7,000,000 $57,000 $805,000 $88,000 $518,000
Refinancing 109 $18,035,000 $165,000 $585,000 $88,000 $388,000
Other Purpose 75 $5,515,000 $73,000 $255,000 $89,000 $617,000
Not Applicable 4 $220,000 $55,000 $75,000 $0 $0

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 757 $114,535,000 $151,000 $1,065,000 $93,000 $2,722,000
American Indian or Alaskan Native 192 $30,690,000 $159,000 $805,000 $88,000 $327,000
Not applicable 174 $30,440,000 $174,000 $1,005,000 $0 $0
Not Provided 105 $16,345,000 $155,000 $565,000 $82,000 $617,000
Black or African American 73 $8,105,000 $111,000 $365,000 $68,000 $318,000
Hispanic 46 $9,560,000 $207,000 $445,000 $94,000 $289,000
Asian 6 $1,640,000 $273,000 $395,000 $189,000 $579,000
Native Hawaiian or Other Pacific Islander 2 $270,000 $135,000 $235,000 $81,000 $100,000

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) 940 $135,920,000 $144,000 $1,065,000 $95,000 $2,722,000
FHA-insured (Federal Housing Administration) 274 $45,300,000 $165,000 $465,000 $75,000 $348,000
VA-guaranteed (Veterans Administration) 104 $24,890,000 $239,000 $515,000 $91,000 $246,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 42 $6,270,000 $149,000 $275,000 $63,000 $111,000

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 585 $91,555,000 $156,000 $1,065,000 $102,000 $2,722,000
Application Denied By Financial Institution 300 $40,630,000 $135,000 $1,005,000 $73,000 $617,000
Application Withdrawn By Applicant 153 $26,865,000 $175,000 $585,000 $92,000 $388,000
Loan Purchased By The Institution 129 $25,385,000 $196,000 $475,000 $92,000 $353,000
File Closed For Incompleteness 112 $15,430,000 $137,000 $495,000 $78,000 $274,000
Application Approved But Not Accepted 79 $12,265,000 $155,000 $675,000 $88,000 $413,000
Preapproval Approved but not Accepted 1 $75,000 $75,000 $75,000 $50,000 $50,000
Preapproval Denied by Financial Institution 1 $175,000 $175,000 $175,000 $93,000 $93,000

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
Not applicable 966 $159,850,000 $165,000 $1,065,000 $96,000 $2,722,000
Debt-To-Income Ratio 166 $22,240,000 $133,000 $1,005,000 $80,000 $413,000
Credit History 129 $17,035,000 $132,000 $565,000 $68,000 $178,000
Collateral 31 $4,785,000 $154,000 $455,000 $90,000 $278,000
Credit Application Incomplete 27 $3,055,000 $113,000 $425,000 $90,000 $617,000
Unverifiable Information 18 $2,160,000 $120,000 $295,000 $85,000 $518,000
Other 13 $1,915,000 $147,000 $465,000 $84,000 $218,000
Insufficient Cash (Downpayment, Closing Cost) 6 $730,000 $121,000 $205,000 $62,000 $96,000
Employment History 4 $610,000 $152,000 $255,000 $76,000 $102,000
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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