Parkersburg-Marietta-Vienna, WV-OH Metro Area Mortgage Lenders & HMDA Data, 2010

In 2010, lenders reported 5,755 mortgage applications in Parkersburg-Marietta-Vienna, WV-OH metro area totaling $633.8 million, down 19% from 2009. The average application was for $110,134, and applicants reported an average income of $61,766. 56% of applications resulted in an originated loan and 18% were denied. The most active lender was Branch Banking and Trust Co, with 332 applications, followed by Peoples Bank, National Associa and Wesbanco Bank, Inc..

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Total Number of Mortgage Applications 5,755
Total Mortgage Loan Application Amount $633,826,000
Average Mortgage Loan Application Amount $110,134
Highest Mortgage Loan Application Amount $9,500,000
Average Applicant Income $61,766
Highest Applicant Income $1,800,000
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Top Mortgage Lenders in Parkersburg-Marietta-Vienna, WV-OH Metro Area (2010)

Ranked by the number of mortgage applications each lender reported in Parkersburg-Marietta-Vienna, WV-OH metro area in 2010.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Branch Banking and Trust Co
Wilson, NC
332 $30,759,000 $92,000 $73,000
2 Peoples Bank, National Associa
Marietta, OH
325 $34,185,000 $105,000 $59,000
3 Wesbanco Bank, Inc.
Wheeling, WV
300 $33,542,000 $111,000 $48,000
4 Wells Fargo Bank, NA
Winston-Salem, NC
283 $33,693,000 $119,000 $61,000
5 Peoples Bank, National Associa
Marietta, OH
252 $27,438,000 $108,000 $63,000
6 JPMorgan Chase Bank, NA
Columbus, OH
233 $26,028,000 $111,000 $51,000
7 Wells Fargo Bank, NA
Winston-Salem, NC
211 $27,080,000 $128,000 $71,000
8 Embrace Home Loans, Inc.
Middletown, RI
202 $21,918,000 $108,000 $53,000
9 Community Bank of Parkersburg
Parkersburg, WV
192 $19,094,000 $99,000 $77,000
10 Advantage Bank
Cambridge, OH
178 $18,903,000 $106,000 $72,000

See every lender active in Parkersburg-Marietta-Vienna, WV-OH metro area in 2010 »

The tables below break down 2010 mortgage applications in Parkersburg-Marietta-Vienna, WV-OH metro area by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Parkersburg-Marietta-Vienna, WV-OH in 2010

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 3,361 $397,170,000 $118,000 $2,960,000 $65,000 $1,800,000
Home Purchase 1,949 $216,360,000 $111,000 $9,500,000 $59,000 $1,545,000
Home Improvement 445 $20,296,000 $45,000 $450,000 $50,000 $497,000

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 5,060 $531,648,000 $105,000 $1,379,000 $63,000 $1,545,000
Not Provided 386 $47,183,000 $122,000 $2,960,000 $66,000 $1,800,000
Not applicable 230 $45,178,000 $196,000 $9,500,000 $11,000 $1,776,000
Black or African American 27 $2,795,000 $103,000 $276,000 $58,000 $144,000
Hispanic 22 $3,125,000 $142,000 $515,000 $61,000 $223,000
Asian 22 $3,158,000 $143,000 $260,000 $132,000 $492,000
American Indian or Alaskan Native 5 $564,000 $112,000 $176,000 $45,000 $77,000
Native Hawaiian or Other Pacific Islander 3 $175,000 $58,000 $64,000 $31,000 $37,000

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) 4,224 $462,142,000 $109,000 $9,500,000 $67,000 $1,776,000
FHA-insured (Federal Housing Administration) 1,269 $138,409,000 $109,000 $277,000 $48,000 $1,800,000
VA-guaranteed (Veterans Administration) 171 $23,842,000 $139,000 $417,000 $44,000 $295,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 91 $9,433,000 $103,000 $165,000 $39,000 $72,000

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 3,202 $360,701,000 $112,000 $9,500,000 $69,000 $1,776,000
Application Denied By Financial Institution 1,037 $96,654,000 $93,000 $800,000 $51,000 $775,000
Application Withdrawn By Applicant 688 $83,835,000 $121,000 $1,600,000 $59,000 $720,000
Loan Purchased By The Institution 484 $55,654,000 $114,000 $400,000 $34,000 $539,000
Application Approved But Not Accepted 237 $23,497,000 $99,000 $600,000 $60,000 $600,000
File Closed For Incompleteness 107 $13,485,000 $126,000 $468,000 $81,000 $1,800,000
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 266 $21,524,000 $80,000 $450,000 $49,000 $276,000
Collateral 177 $20,160,000 $113,000 $305,000 $66,000 $463,000
Debt-To-Income Ratio 155 $16,822,000 $108,000 $393,000 $48,000 $416,000
Credit Application Incomplete 85 $9,925,000 $116,000 $296,000 $55,000 $380,000
Other 48 $4,894,000 $101,000 $256,000 $52,000 $138,000
Employment History 13 $1,402,000 $107,000 $171,000 $34,000 $78,000
Unverifiable Information 10 $1,021,000 $102,000 $145,000 $53,000 $152,000
Insufficient Cash (Downpayment, Closing Cost) 5 $515,000 $103,000 $181,000 $104,000 $211,000
Mortgage Insurance Denied 3 $305,000 $101,000 $135,000 $52,000 $62,000

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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