Prairie County, MT Mortgage Lenders & HMDA Data, 2007

In 2007, lenders reported 38 mortgage applications in Prairie County, MT totaling $2.8 million, up 15% from 2006. The average application was for $72,000, and applicants reported an average income of $53,000. 53% of applications resulted in an originated loan and 21% were denied. The most active lender was Stockman Bank of Montana, with 13 applications, followed by Beneficial Company LLC and Wells Fargo Bank, NA.

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Total Number of Mortgage Applications 38
Total Mortgage Loan Application Amount $2,772,000
Average Mortgage Loan Application Amount $72,000
Highest Mortgage Loan Application Amount $300,000
Average Applicant Income $53,000
Highest Applicant Income $259,000

Mortgage Company List for Lending in Prairie County, MT for 2007

* 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
Stockman Bank of Montana
700 MAIN STREET
MILES CITY, MT 59301
* $ 1,262,566,000 13 $ 1,403,000
Beneficial Company LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 5 $ 243,000
Wells Fargo Bank, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 398,671,000,000 4 $ 338,000
US Bank North Dakota
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 4,419,450,000 3 $ 75,000
Citimortgage, Inc
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 1,019,497,000,000 3 $ 149,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 26,048,419,000 2 $ 77,000
Novastar Mortgage
2114 CENTRAL SUITE 600
KANSAS CITY, MO 64108
* $ 10,000,000 1 $ 91,000
Wealthbridge Mortgage Corp.
15455 NW GREENBRIER PKWY, STE. 111
BEAVERTON, OR 97006
* $ 10,000,000 1 $ 76,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 1 $ 51,000
Montana Mortgage Company
PO BOX 1917
KALISPELL, MT 59903
* $ 31,000,000 1 $ 105,000
US Bank, N.A.
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 217,802,326,000 1 $ 26,000
Rbs Citizens, N.A.
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 17,125,177,000 1 $ 90,000
Greenpoint Mortgage Funding
100 WOOD HOLLOW DRIVE
NOVATO, CA 94945
* $ 6,677,533,000 1 $ 34,000
First Interstate Bank
PO BOX 30918
BILLINGS, MT 59116
* $ 4,946,491,000 1 $ 14,000

The tables below break down 2007 mortgage applications in Prairie County, MT by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Prairie County, MT in 2007

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 17 $1,062,000 $62,000 $300,000 $54,000 $157,000
Refinancing 12 $1,337,000 $111,000 $258,000 $63,000 $259,000
Home Improvement 9 $373,000 $41,000 $90,000 $36,000 $48,000

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 30 $2,199,000 $73,000 $300,000 $61,000 $259,000
Not applicable 7 $559,000 $79,000 $240,000 $21,000 $70,000
American Indian or Alaskan Native 1 $14,000 $14,000 $14,000 $34,000 $34,000
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not Provided 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) 36 $2,692,000 $74,000 $300,000 $52,000 $259,000
FHA-insured (Federal Housing Administration) 2 $80,000 $40,000 $40,000 $70,000 $70,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

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 20 $1,863,000 $93,000 $300,000 $69,000 $259,000
Application Denied By Financial Institution 8 $425,000 $53,000 $105,000 $36,000 $48,000
Loan Purchased By The Institution 5 $226,000 $45,000 $76,000 $30,000 $70,000
Application Withdrawn By Applicant 4 $167,000 $41,000 $54,000 $36,000 $42,000
Application Approved But Not Accepted 1 $91,000 $91,000 $91,000 $46,000 $46,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
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
Other 2 $50,000 $25,000 $25,000 $48,000 $48,000
Collateral 1 $25,000 $25,000 $25,000 $44,000 $44,000
Debt-To-Income Ratio 1 $90,000 $90,000 $90,000 $24,000 $24,000
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
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Unverifiable Information 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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