Pierce County, NE Mortgage Lenders & HMDA Data, 2009

In 2009, lenders reported 242 mortgage applications in Pierce County, NE totaling $26.6 million, up 18% from 2008. The average application was for $109,000, and applicants reported an average income of $71,000. 45% of applications resulted in an originated loan and 20% were denied. The most active lender was Wells Fargo Bank, NA, with 71 applications, followed by Central National Bank and Security National Bank.

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Total Number of Mortgage Applications 242
Total Mortgage Loan Application Amount $26,562,000
Average Mortgage Loan Application Amount $109,000
Highest Mortgage Loan Application Amount $417,000
Average Applicant Income $71,000
Highest Applicant Income $1,066,000
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Top Mortgage Lenders in Pierce County, NE (2009)

Ranked by the number of mortgage applications each lender reported in Pierce County, NE in 2009.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Wells Fargo Bank, NA
Des Moines, IA
71 $6,966,000 $98,000 $61,000
2 Central National Bank
Junction City, KS
44 $5,756,000 $130,000 $76,000
3 Security National Bank
Laurel, NE
27 $2,368,000 $87,000 $49,000
4 Tierone Bank
Lincoln, NE
13 $1,243,000 $95,000 $60,000
5 Bank of the West
Monterey Park, CA
8 $531,000 $66,000 $67,000
6 US Bank, N.A.
Milwaukee, WI
8 $1,032,000 $129,000 $68,000
7 First National Bank of Omaha
Omaha, NE
7 $1,243,000 $177,000 $137,000
8 JPMorgan Chase Bank, NA
Columbus, OH
6 $464,000 $77,000 $9,000
9 Flagstar Bank
Troy, MI
5 $604,000 $120,000 $35,000
10 Farm Credit Services of America, Flca
Omaha, NE
5 $933,000 $186,000 $369,000

See every lender active in Pierce County, NE in 2009 »

The tables below break down 2009 mortgage applications in Pierce County, NE by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Pierce County, NE in 2009

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 168 $19,047,000 $113,000 $400,000 $74,000 $1,066,000
Home Purchase 63 $6,772,000 $107,000 $417,000 $64,000 $319,000
Home Improvement 11 $743,000 $67,000 $262,000 $67,000 $111,000

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 230 $24,811,000 $107,000 $364,000 $71,000 $1,066,000
Not applicable 8 $1,197,000 $149,000 $400,000 $69,000 $130,000
Not Provided 3 $519,000 $173,000 $417,000 $147,000 $319,000
Hispanic 1 $35,000 $35,000 $35,000 $65,000 $65,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 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) 182 $20,862,000 $114,000 $417,000 $79,000 $1,066,000
FHA-insured (Federal Housing Administration) 47 $4,793,000 $101,000 $242,000 $55,000 $134,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 10 $607,000 $60,000 $138,000 $25,000 $65,000
VA-guaranteed (Veterans Administration) 3 $300,000 $100,000 $199,000 $47,000 $82,000

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 109 $12,599,000 $115,000 $417,000 $79,000 $1,066,000
Loan Purchased By The Institution 53 $6,153,000 $116,000 $364,000 $68,000 $130,000
Application Denied By Financial Institution 48 $4,769,000 $99,000 $295,000 $61,000 $148,000
Application Withdrawn By Applicant 12 $1,180,000 $98,000 $170,000 $66,000 $98,000
File Closed For Incompleteness 10 $1,032,000 $103,000 $234,000 $76,000 $94,000
Application Approved But Not Accepted 10 $829,000 $82,000 $132,000 $54,000 $103,000
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 12 $1,262,000 $105,000 $163,000 $67,000 $148,000
Credit History 11 $746,000 $67,000 $125,000 $49,000 $90,000
Debt-To-Income Ratio 9 $724,000 $80,000 $134,000 $41,000 $85,000
Other 4 $586,000 $146,000 $295,000 $71,000 $101,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
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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