Pittsylvania County, VA Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 2,155 mortgage applications in Pittsylvania County, VA totaling $250.7 million, down 6% from 2010. The average application was for $116,000, and applicants reported an average income of $61,000. 47% of applications resulted in an originated loan and 19% were denied. The most active lender was Wells Fargo Bank NA, with 295 applications, followed by Truist Bank and Bank of America NA.

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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 2,155
Total Mortgage Loan Application Amount $250,704,000
Average Mortgage Loan Application Amount $116,000
Highest Mortgage Loan Application Amount $1,000,000
Average Applicant Income $61,000
Highest Applicant Income $9,999,000

Mortgage Company List for Lending in Pittsylvania County, VA for 2011

* 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
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,104,833,000,000 295 $ 34,930,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 153,341,765,000 264 $ 27,499,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 141 $ 17,426,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 115 $ 14,610,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 112 $ 13,640,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 162,509,568,000 89 $ 11,922,000
American National Bank and Trust Company
628 MAIN STREET
DANVILLE, VA 24541
* $ 833,022,000 88 $ 11,611,000
First Ciitizens Bank and Trust
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27603
* $ 20,797,006,000 65 $ 7,203,000
Carter Bank and Trust
PO BOX 3748
MARTINSVILLE, VA 24112
* $ 3,706,069,000 58 $ 3,176,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 50 $ 4,012,000
Virginia Bank and Trust Company
336 MAIN STREET
DANVILLE, VA 24541
* $ 157,764,000 49 $ 4,320,000
Wells Fargo Funding, Inc
100 N MAIN STREEET MAC D4001-063
WINSTON-SALEM, NC 27150
* $ 25,457,000 42 $ 5,624,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 213,864,000 38 $ 4,216,000
Alcova Mortgage, LLC
308 MARKET ST, SE
ROANOKE, VA 24011
* $ 710,000 37 $ 4,550,000
Allquest Home Mortgage Corpora
6110 PINEMONT DR, STE 220
HOUSTON, TX 77092
* $ 10,000,000 33 $ 4,643,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 77,423,723,000 30 $ 3,227,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 28 $ 4,641,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 26 $ 4,358,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 25 $ 3,106,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 25 $ 3,470,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 24 $ 2,854,000
Carolina Bank
PO BOX 10209
GREENSBORO, NC 27404
* $ 676,387,000 22 $ 3,245,000
First National Bank
P. O. BOX 29, 622 BROAD STREET
ALTAVISTA, VA 24517
* $ 336,634,000 21 $ 1,397,000
Urw Community Federal Credit U
539 ARNETT BLVD
DANVILLE, VA 24540
* $ 73,229,000 18 $ 800,000
Onemain Financial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 0 18 $ 939,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,216,291,000,000 17 $ 2,296,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 17 $ 1,992,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 15 $ 1,488,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 15 $ 1,828,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 13 $ 1,570,000
C&F Mortgage Corporation
1400 ALVERSER DRIVE
MIDLOTHIAN, VA 23113
* $ 189,567,000 13 $ 893,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 12 $ 1,745,000
Homeowners Mortgage of America
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 12 $ 1,856,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 10 $ 544,000
Farm Credit of the Virginias, Aca
106 SANGERS LANE
STAUNTON, VA 24401
* $ 1,007,892,000,000 10 $ 1,660,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 9 $ 1,315,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 165,800,581,000 9 $ 448,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 44,423,207,000 8 $ 1,085,000
Bank of the James
828 MAIN STREET
LYNCHBURG, VA 24504
* $ 418,896,000 8 $ 951,000
Citifinancial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 8 $ 546,000
Metlife Bank, N.A.
1555 WEST WALNUT HILL LANE, STE. 200
IRVING, TX 75038
* $ 16,490,790,000 7 $ 884,000
Stellarone Bank
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 2,923,419,000 7 $ 1,134,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 7 $ 787,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 6 $ 786,000
First Residential Mortgage
9721 ORMSBY STATION RD.
LOUISVILLE, KY 40223
* $ 10,000,000 6 $ 861,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 6 $ 489,000
Allied Home Mtg Capital Corp
6110 PINEMONT DR., STE. 215
HOUSTON, TX 77092
* $ 10,000,000 5 $ 500,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 5 $ 608,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 5 $ 456,000
Virginia Federal Credit Union
PO BOX 90010
RICHMOND, VA 23225
* $ 2,094,079,000 5 $ 178,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 108,971,662,000 5 $ 671,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 12,522,585,000 5 $ 589,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,054,163,000 5 $ 473,000
Ing Bank, FSB
1 SOUTH ORANGE STREET
WILMINGTON, DE 19801
* $ 91,413,704,000 4 $ 406,000
Home Savings of America
35 E BROADWAY
LITTLE FALLS, MN 56345
* $ 457,501,000 4 $ 368,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ 39,000,000 4 $ 262,000
Sidus Financial, LLC
701 GREEN VALLEY ROAD, SUITE 101
GREENSBORO, NC 27408
* $ 10,000,000 4 $ 639,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 4 $ 618,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 126,719,736,000 4 $ 208,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 3 $ 274,000
NFM, Inc
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ 8,226,000 3 $ 511,000
Corridor Mortgage Group, Inc.
11085 STRATFIELD COURT
MARRIOTTSVILLE, MD 21104
* $ 605,000,000 3 $ 707,000
Sirva Mortgage, Inc.
6200 OAK TREE BLVD STE 300
SEVEN HILLS, OH 44131
* $ 101,315,000 3 $ 610,000
Valleystar Credit Union
41 WHEELER AVE
MARTINSVILLE, VA 24115
* $ 260,611,000 3 $ 107,000
Member One Federal Credit Union
P.O. BOX 12288
ROANOKE, VA 24024
* $ 539,998,000 3 $ 85,000
US Bk NA Nd
4325 17TH AVENUE, S.W.
FARGO, ND 58103
* $ 5,955,059,000 3 $ 472,000
State Employees' Credit Union
P.O. DRAWER 25279
RALEIGH, NC 27611
* $ 23,061,183,000 3 $ 273,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 254,825,730,000 3 $ 332,000
Hometrust Bank N.A.
P O BOX 10
ASHEVILLE, NC 28804
* $ 1,669,845,000 3 $ 360,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 10,788,420,000 3 $ 207,000
Carnegie Mortgage
2297 STATE HIGHWAY 33
HAMILTON SQUARE, NJ 08690
* $ 193,976,000 3 $ 382,000
Provident Funding Group Inc
851 TRAEGER AVENUE, SUITE 100
SAN BRUNO, CA 94066
* $ 2,200,000,000 3 $ 491,000
Fulton Bank, National Association
ONE PENN SQUARE
LANCASTER, PA 17602
* $ 8,800,692,000 2 $ 352,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 2 $ 234,000
M&I Bank FSB
W57N14280 DOERR WAY
CEDARBURG, WI 53012
* $ 1,311,970,000 2 $ 156,000
First Liberty Financial Group
9520 ORMSBY STATION RD SUITE 20
LOUISVILLE, KY 40223
* $ 1,000,000,000 2 $ 126,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 5,285,622,000 2 $ 260,000
Southern Trust Mortgage LLC
4433 CORPORATION LANE, SUITE 300
VIRGINIA BEACH, VA 23462
* $ 935,253,000 2 $ 334,000
Crescent Mortgage Company
5901 PEACHTREE DUNWOODY RD NE BLG C, 250
ATLANTA, GA 30328
* $ 931,141,000 2 $ 227,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 2 $ 574,000
Atlantic Bay Mortgage Group
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ 10,000,000 2 $ 263,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 2 $ 169,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 2 $ 263,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 2 $ 200,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 2 $ 190,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 2 $ 289,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ 10,000,000 2 $ 318,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 48,783,813,000 2 $ 85,000
Southern Bank and Trust Compan
PO BOX 729
MT OLIVE, NC 28365
* $ 1,337,305,000 2 $ 384,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 76,465,208,000 1 $ 91,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ 24,832,312,000 1 $ 86,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 1 $ 145,000
Allied Mortgage Group, Inc
225 E. CITY AVENUE, SUITE 102
BALA CYNWYD, PA 19004
* $ 10,000,000 1 $ 274,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 136,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 1 $ 138,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 1 $ 249,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD, SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 1 $ 169,000
Homepromise Corporation
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ 100,000,000 1 $ 126,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 1 $ 134,000
Generation Mortgage Company
3565 PIEDMONT ROAD, NE STE. 300
ATLANTA, GA 30305
* $ 73,926,000 1 $ 28,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ 4,464,000 1 $ 104,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 1 $ 84,000
Everett Financial Inc.
14801 QUORUM DR SUITE 300
DALLAS, TX 75254
* $ 3,642,000 1 $ 158,000
1st Choice Mortgage/Equity Cor
1021 BRIARGATE CIRCLE
COLUMBIA, SC 29210
* $ 10,000,000 1 $ 100,000
Equity Resources Inc
PO BOX 5177
NEWARK, OH 43055
* $ 16,280,000 1 $ 123,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 1 $ 184,000
Capital Center LLC
4510 COX ROAD STE 402
GLEN ALLEN, VA 23060
* $ 10,000,000 1 $ 235,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 146,000
Myers Park Mortgage
141 PROVIDENCE RD
CHARLOTTE, NC 28207
* $ 10,000,000 1 $ 70,000
Barrons Mortgage Group Ltd
3325 SOUTH TRYON STREET
CHARLOTTE, NC 28217
* $ 6,353,000 1 $ 111,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ 5,889,539,000 1 $ 121,000
Member Advantage Mortgage
3330 BROADMOOR SE, SUITE B
GRAND RAPIDS, MI 49512
* $ 8,810,000 1 $ 85,000
Mid-Island Mortgage Corp.
900 MERCHANTS CONCOURSE, SUITE #112
WESTBURY, NY 11590
* $ 10,000,000 1 $ 153,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 1 $ 240,000
First State Bank
221 HARRISON ST
UNION CITY, TN 38261
* $ 1,476,966,000 1 $ 158,000
First Community Bank
29 COLLEGE DR
BLUEFIELD, VA 24605
* $ 2,227,739,000 1 $ 195,000
Customers Bank
99 BRIDGE STREET
PHOENIXVILLE, PA 19460
* $ 1,374,407,000 1 $ 52,000
Monarch Bank
1435 CROSSWAYS BOULEVARD, SUITE 101
CHESAPEAKE, VA 23320
* $ 826,113,000 1 $ 250,000
Guaranty Trust Company
316 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 225,000,000 1 $ 85,000
Graystone Tower Bank
1826 GOOD HOPE RD
ENOLA, PA 17025
* $ 2,745,490,000 1 $ 720,000
First Choice Bank
669 WHITEHEAD ROAD
LAWRENCEVILLE, NJ 08648
* $ 448,171,000 1 $ 266,000
Gateway Business Bank
18000 STUDEBAKER ROAD, SUITE 550
CERRITOS, CA 90703
* $ 198,117,000 1 $ 155,000
Poli Mortgage Group, Inc.
780 DEDHAM STREET
CANTON, MA 02021
* $ 7,525,858,000 1 $ 127,000
Superior Choice Credit Union
1320 GRAND AVENUE
SUPERIOR, WI 54880
* $ 189,478,000 1 $ 39,000
Direct Mortgage Corp
13894 S BANGERTER PARKWAY SUITE 200
DRAPER, UT 84020
* $ 10,000,000 1 $ 121,000
General Electric Employees Federal Credit Union
265 SUB WAY
265 SUB WAY, CT 06461
* $ 126,302,000 1 $ 55,000
Northwest Federal Credit Union
220 SPRING STREET
HERNDON, VA 20170
* $ 2,046,971,000 1 $ 62,000
Truliant Federal Credit Union
3200 TRULIANT WAY
WINSTON SALEM, NC 27103
* $ 1,400,622,000 1 $ 18,000
Freedom First Federal Credit Union
5240 VALLEYPARK DRIVE
ROANOKE, VA 24019
* $ 252,459,000 1 $ 84,000
Proponent FCU
536 WASHINGTON AVE.
NUTLEY, NJ 07110
* $ 478,797,000 1 $ 15,000
Central Virginia FCU
1638 MT ATHOS ROAD
LYNCHBURG, VA 24504
* $ 81,832,000 1 $ 54,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,919,054,000 1 $ 46,000
Piedmont Advantage Credit Unio
3530 ADVANTAGE WAY
WINSTON SALEM, NC 27103
* $ 211,946,000 1 $ 6,000
Dupont Community Credit Union
140 LUCY LANE
WAYNESBORO, VA 22980
* $ 740,179,000 1 $ 322,000
Uva Community Credit Union
3300 BERKMAR DRIVE
CHARLOTTESVILLE, VA 22901
* $ 496,882,000 1 $ 13,000
Access National Bank
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 830,474,000 1 $ 189,000
Capital One NA
11130 INDUSTRIPLEX BLVD
BATON ROUGE, LA 70809
* $ 70,506,963,000 1 $ 127,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 341,542,000 1 $ 10,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 555,205,000 1 $ 117,000
Cole Taylor Bank
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 4,469,196,000 1 $ 104,000
The Bank of Charlotte County
101 BERKLEY STREET
PHENIX, VA 23959
* $ 117,450,000 1 $ 22,000
Farmers & Merchants Bank
PO BOX 1111
TIMBERVILLE, VA 22853
* $ 535,507,000 1 $ 178,000
Nationwide Bank
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 3,942,789,000 1 $ 136,000
Share Plus Federal Bank
5224 W. PLANO PARKWAY
PLANO, TX 75093
* $ 238,874,000 1 $ 122,000
Citizens Bank & Trust Co.
126 SOUTH MAIN ST.
BLACKSTONE, VA 23824
* $ 324,943,000 1 $ 16,000

The tables below break down 2011 mortgage applications in Pittsylvania County, VA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Pittsylvania County, VA in 2011

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 1,296 $157,851,000 $121,000 $775,000 $59,000 $1,918,000
Home Purchase 712 $87,721,000 $123,000 $1,000,000 $68,000 $9,999,000
Home Improvement 147 $5,132,000 $34,000 $300,000 $52,000 $344,000

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 1,482 $173,335,000 $116,000 $1,000,000 $68,000 $9,999,000
Black or African American 302 $29,687,000 $98,000 $382,000 $51,000 $771,000
Not Provided 188 $24,077,000 $128,000 $520,000 $59,000 $370,000
Not applicable 150 $19,722,000 $131,000 $380,000 $18,000 $206,000
Hispanic 16 $2,183,000 $136,000 $368,000 $64,000 $140,000
Asian 9 $797,000 $88,000 $226,000 $79,000 $316,000
American Indian or Alaskan Native 5 $622,000 $124,000 $190,000 $60,000 $92,000
Native Hawaiian or Other Pacific Islander 3 $281,000 $93,000 $95,000 $53,000 $59,000

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) 1,293 $144,546,000 $111,000 $1,000,000 $72,000 $9,999,000
FHA-insured (Federal Housing Administration) 577 $69,046,000 $119,000 $274,000 $46,000 $324,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 176 $21,011,000 $119,000 $280,000 $39,000 $78,000
VA-guaranteed (Veterans Administration) 109 $16,101,000 $147,000 $418,000 $54,000 $1,072,000

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 1,004 $114,124,000 $113,000 $720,000 $63,000 $1,918,000
Application Denied By Financial Institution 406 $41,896,000 $103,000 $1,000,000 $76,000 $9,999,000
Loan Purchased By The Institution 377 $51,358,000 $136,000 $417,000 $43,000 $435,000
Application Withdrawn By Applicant 211 $24,719,000 $117,000 $418,000 $59,000 $1,072,000
Application Approved But Not Accepted 94 $10,421,000 $110,000 $350,000 $62,000 $238,000
File Closed For Incompleteness 63 $8,186,000 $129,000 $321,000 $62,000 $240,000
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 100 $8,091,000 $80,000 $1,000,000 $148,000 $9,999,000
Collateral 53 $6,652,000 $125,000 $520,000 $70,000 $370,000
Debt-To-Income Ratio 51 $6,602,000 $129,000 $775,000 $42,000 $151,000
Other 32 $3,103,000 $96,000 $345,000 $65,000 $300,000
Credit Application Incomplete 21 $3,669,000 $174,000 $432,000 $76,000 $304,000
Unverifiable Information 10 $1,159,000 $115,000 $192,000 $64,000 $101,000
Employment History 5 $530,000 $106,000 $211,000 $64,000 $161,000
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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