Pike County, MS Mortgage Lenders & HMDA Data, 2021

In 2021, lenders reported 1,866 mortgage applications in Pike County, MS totaling $247.1 million, up 17% from 2020. The average application was for $132,000, and applicants reported an average income of $68,000. 40% of applications resulted in an originated loan and 26% were denied. The most active lender was Vanderbilt Mortgage and Finance, Inc, with 212 applications, followed by Fidelity Bank and 21st Mortgage.

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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 1,866
Total Mortgage Loan Application Amount $247,080,000
Average Mortgage Loan Application Amount $132,000
Highest Mortgage Loan Application Amount $1,055,000
Average Applicant Income $68,000
Highest Applicant Income $801,000

Mortgage Company List for Lending in Pike County, MS for 2021

* 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
* $ -1,000 212 $ 16,240,000
Fidelity Bank
353 CARONDELET ST
NEW ORLEANS, LA 70130
* $ 760,123,000 167 $ 27,915,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 159 $ 14,475,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 123,325,220,000 100 $ 8,250,000
Trustmark Bank
PO BOX 291
JACKSON, MS 39201
* $ 13,495,944,000 90 $ 11,790,000
First Bank
100 S BROADWAY
MCCOMB, MS 39648
* $ 561,010,000 73 $ 6,285,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 44 $ 6,720,000
Reliant Bank
1736 CAROTHERS PARKWAY
BRENTWOOD, TN 37027
* $ 1,897,550,000 43 $ 3,175,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 43 $ 7,725,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,747,398,000,000 38 $ 5,300,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 37 $ 6,105,000
Bankplus
1068 HIGHLAND COLONY PARKWAY
RIDGELAND, MS 39157
* $ 2,971,297,000 36 $ 5,230,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 31 $ 4,555,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 29 $ 5,355,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 25 $ 3,965,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 25 $ 5,255,000
Angel Oak Home Loans LLC
3600 PEACHTREE ROAD NW, SUITE 500
ATLANTA, GA 30305
* $ -1,000 24 $ 4,360,000
Citizens Bank
814 MAIN STREET
COLUMBIA, MS 39429
* $ 421,145,000 22 $ 1,610,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 22 $ 3,560,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 21 $ 2,565,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 21 $ 2,235,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ -1,000 21 $ 3,785,000
Community Bank of Mississippi
323 EAST THIRD STREET
FLOWOOD, MS 39232
* $ 3,259,650,000 19 $ 3,255,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 19 $ 3,735,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 19 $ 2,435,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 19 $ 3,955,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 6,120,102,000 17 $ 1,875,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 98,729,134,000 14 $ 1,390,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 464,504,000 13 $ 3,055,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 13 $ 1,505,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 13 $ 2,145,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 12 $ 2,060,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 12 $ 1,400,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 10 $ 1,490,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 9 $ 955,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 9 $ 2,315,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 9 $ 1,255,000
Renasant Bank

JOHNS CREEK, GA 30097
* $ 13,387,533,000 9 $ 2,055,000
Gmfs, LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ -1,000 8 $ 1,920,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 8 $ 1,300,000
1st Franklin Financial Corporation
135 E. TUGALO ST.
TOCCOA, GA 30577
* $ -1,000 8 $ 290,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 8 $ 1,620,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 7 $ 1,155,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 3,210,474,000 6 $ 520,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 6 $ 370,000
Assurance Financial Group, L.L.C.
9029 JEFFERSON HIGHWAY SUITE 100
BATON ROUGE, LA 70809
* $ -1,000 6 $ 990,000
Hancock Whitney Bank
2510 14TH STREET
GULFPORT, MS 39501
* $ 30,597,146,000 6 $ 740,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 6 $ 1,140,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 5 $ 725,000
Keesler Federal Credit Union
2602 PASS ROAD
BILOXI, MS 39531
* $ 3,038,779,000 5 $ 625,000
Mortgage Investors Group
501 JAMES ROBERTSON PARKWAY
NASHVILLE, TN 37219
* $ -1,000 5 $ 1,005,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 5 $ 965,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 4 $ 780,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 4 $ 1,410,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 4 $ 570,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 4 $ 590,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 4 $ 570,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 4 $ 710,000
Cornerstone Home Lending, Inc.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ -1,000 4 $ 510,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 3 $ 505,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 3 $ 685,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,002,264,000 3 $ 475,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 604,528,000 3 $ 765,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 24,774,361,000 3 $ 435,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 3 $ 685,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 3 $ 335,000
Countryplace Mortgage, Ltd.

PLANO, TX 75024
* $ -1,000 3 $ 255,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 191,043,000 3 $ 215,000
Sofi Lending Corp.
375 HEALDSBURG AVENUE, SUITE 280
SACRAMENTO, CA 95448
* $ -1,000 3 $ 335,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ -1,000 3 $ 435,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 3 $ 645,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 3 $ 505,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 2 $ 430,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 2 $ 240,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 2 $ 350,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 2 $ 290,000
Citizens Savings Bank
1725 SULLIVAN DR
BOGALUSA, LA 70427
* $ 234,386,000 2 $ 340,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 2 $ 460,000
First Bank
300 E THRID
BURKBURNETT, TX 76359
* $ 478,725,000 2 $ 380,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 2 $ 230,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,131,130,000 2 $ 250,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 2 $ 110,000
On Q Financial, LLC
4800 SCOTTSDALE RD SUITE 5500
SCOTTSDALE, AZ 85260
* $ -1,000 2 $ 220,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 2 $ 60,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 2 $ 190,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 2 $ 220,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 2 $ 500,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ 43,126,164,000 2 $ 280,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,065,955,000 2 $ 270,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 2 $ 220,000
Amcap Mortgage, Ltd.
9999 BELLAIRE BLVD., SUITE 700
AUSTIN, TX 77036
* $ -1,000 2 $ 300,000
Hometown Lenders, Inc.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ -1,000 2 $ 230,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 2 $ 240,000
Austin Capital Bank SSB
8100 SHOAL CREEK BLVD
AUSTIN, TX 78757
* $ 139,109,000 2 $ 210,000
Cadence Bank
P O BOX 789
TUPELO, MS 38804
* $ 21,061,188,000 2 $ 930,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 1,498,327,000 2 $ 290,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 1 $ 105,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 1 $ 305,000
Origin Bank

HOUSTON, TX 77024
* $ 5,294,103,000 1 $ 115,000
Chicago Mortgage Solutions LLC
9525 W BRYN MAWR AVE
ROSEMONT, IL 60018
* $ -1,000 1 $ 165,000
Teachers Federal Credit Union
102 MOTOR PARKWAY
HAUPPAUGE, NY 11788
* $ 7,508,575,000 1 $ 65,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 1 $ 125,000
Synovus Bank
PO BOX 120
COLUMBUS, GA 31902
* $ 48,103,435,000 1 $ 345,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 1 $ 105,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 42,074,066,000 1 $ 85,000
Community Mortgage Corporation
142 TIMBER CREEK DRIVE
CORDOVA, TN 38018
* $ -1,000 1 $ 85,000
Grand Bank for Savings, FSB
204 WESTOVER DRIVE
HATTIESBURG, MS 39404
* $ 84,543,000 1 $ 165,000
First South Farm Credit, Aca
260 TRACE COLONY PARK DR
RIDGELAND, MS 39157
* $ -1,000 1 $ 195,000
Comerica Bank

FARMINGTON HILLS, MI 48331
* $ 73,336,000,000 1 $ 15,000
Red River Employees Federal Credit Union
4405 SUMMERHILL ROAD
TEXARKANA, TX 75503
* $ 1,005,002,000 1 $ 75,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ 11,550,782,000 1 $ 55,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 165,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 1 $ 235,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,432,105,000 1 $ 245,000
Sunbelt Federal Credit Union
1506 CONGRESS ST
HATTIESBURG, MS 39402
* $ 226,245,000 1 $ 25,000
Reverse Mortgage Funding LLC
1455 BROAD ST., 2ND FL
BLOOMFIELD, NJ 07003
* $ -1,000 1 $ 65,000
Secured Investment Corp
701 E FRONT AVE
COEUR D'ALENE, ID 83814
* $ -1,000 1 $ 105,000
Lakeview Community Capital
4425 PONE DE LEON BLVD, MS 5-251
CORAL GABLES, FL 33146
* $ -1,000 1 $ 135,000
Mutual Federal Credit Unon
1604 CHERRY STREET
VICKSBURG, MS 39180
* $ 216,098,000 1 $ 65,000
Resource One Credit Union
8344 ERL THORNTON FWY. STE 110
DALLAS, TX 75228
* $ 541,219,000 1 $ 25,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 2,177,570,000 1 $ 185,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 1 $ 185,000
Mazuma Credit Union
7260 W 135TH STREET
OVERLAND PARK, KS 66223
* $ 694,638,000 1 $ 215,000
American Bank
1819 N. COLUMBIA ST.
COVINGTON, LA 70433
* $ 189,318,000 1 $ 155,000
Southern Bancorp Bank
601 MAIN STREET
ARKADELPHIA, AR 71923
* $ 1,495,986,000 1 $ 75,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 313,272,000 1 $ 165,000
Fbt Mortgage, L.L.C.
6911 WASHINGTON AVE SUITE B
OCEAN SPRINGS, MS 39564
* $ -1,000 1 $ 195,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 275,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ 2,411,656,000 1 $ 35,000
First International Bank & Trust
1600 S BDWAY
MINOT, ND 58701
* $ 3,466,051,000 1 $ 265,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 65,000
Home Bank National Association
PO BOX 81459, 503 KALISTE SALOOM RD.
LAFAYETTE, LA 70598
* $ 2,195,856,000 1 $ 465,000
Capstar Bank
1201 DEMONBREUN ST #700
NASHVILLE, TN 37203
* $ 2,036,608,000 1 $ 225,000
Lenderfi, Inc.
23875 VENTURA BLVD SUITE 203B
CALABASAS, CA 91302
* $ -1,000 1 $ 185,000
First Guaranty Bank
400 EAST THOMAS STREET
HAMMOND, LA 70401
* $ 2,113,006,000 1 $ 255,000
The First, A National Banking Association
P.O. BOX 15549
HATTIESBURG, MS 39404
* $ 3,934,554,000 1 $ 85,000
Liberty Home Mortgage Corp
4401 ROCKSIDE RD 310
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 165,000
Mid-Continent Funding, Inc.
3401 W BROADWAY BUSINESS PARK CT STE 213
COLUMBIA, MO 65203
* $ -1,000 1 $ 95,000
Hope Federal Credit Union
4 OLD RIVER PLACE
JACKSON, MS 39202
* $ 307,051,000 1 $ 35,000
Independent Bank
5050 POPLAR AVENUE STE 2100
MEMPHIS, TN 38157
* $ 1,110,566,000 1 $ 175,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 225,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,503,779,000 1 $ 275,000

The tables below break down 2021 mortgage applications in Pike County, MS by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Pike County, MS in 2021

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 1,032 $132,990,000 $128,000 $705,000 $60,000 $671,000
Refinancing 484 $71,700,000 $148,000 $1,055,000 $81,000 $801,000
Cash-out Refinancing 212 $32,430,000 $152,000 $525,000 $77,000 $572,000
Other Purpose 76 $5,960,000 $78,000 $255,000 $77,000 $242,000
Home Improvement 47 $2,735,000 $58,000 $235,000 $80,000 $360,000
Not Applicable 15 $1,265,000 $84,000 $245,000 $46,000 $46,000

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
Black or African American 739 $81,135,000 $109,000 $475,000 $54,000 $572,000
White 730 $107,240,000 $146,000 $705,000 $81,000 $801,000
Not applicable 179 $26,795,000 $149,000 $1,055,000 $75,000 $99,000
Not Provided 172 $25,910,000 $150,000 $395,000 $76,000 $671,000
American Indian or Alaskan Native 16 $1,640,000 $102,000 $185,000 $66,000 $175,000
Hispanic 13 $1,445,000 $111,000 $225,000 $59,000 $179,000
Asian 10 $1,430,000 $143,000 $215,000 $75,000 $113,000
Native Hawaiian or Other Pacific Islander 2 $770,000 $385,000 $525,000 $83,000 $119,000

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) 1,311 $158,775,000 $121,000 $1,055,000 $71,000 $801,000
FHA-insured (Federal Housing Administration) 311 $49,435,000 $158,000 $365,000 $58,000 $175,000
VA-guaranteed (Veterans Administration) 144 $26,460,000 $183,000 $515,000 $72,000 $572,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 100 $12,410,000 $124,000 $245,000 $44,000 $75,000

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 753 $113,015,000 $150,000 $1,055,000 $77,000 $801,000
Application Denied By Financial Institution 491 $51,715,000 $105,000 $525,000 $58,000 $572,000
File Closed For Incompleteness 228 $25,380,000 $111,000 $535,000 $58,000 $621,000
Application Withdrawn By Applicant 163 $23,685,000 $145,000 $395,000 $73,000 $451,000
Loan Purchased By The Institution 148 $24,290,000 $164,000 $465,000 $83,000 $269,000
Application Approved But Not Accepted 81 $8,755,000 $108,000 $355,000 $70,000 $571,000
Preapproval Approved but not Accepted 2 $240,000 $120,000 $165,000 $59,000 $85,000
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
Not applicable 1,312 $189,700,000 $144,000 $1,055,000 $72,000 $801,000
Credit History 245 $23,555,000 $96,000 $325,000 $61,000 $572,000
Debt-To-Income Ratio 179 $18,945,000 $105,000 $525,000 $54,000 $360,000
Credit Application Incomplete 37 $3,865,000 $104,000 $295,000 $65,000 $384,000
Collateral 33 $3,395,000 $102,000 $255,000 $85,000 $228,000
Other 29 $4,825,000 $166,000 $525,000 $70,000 $239,000
Unverifiable Information 25 $2,195,000 $87,000 $295,000 $50,000 $168,000
Insufficient Cash (Downpayment, Closing Cost) 5 $535,000 $107,000 $225,000 $90,000 $164,000
Employment History 1 $65,000 $65,000 $65,000 $52,000 $52,000
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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