Rio Arriba County, NM Mortgage Lenders & HMDA Data, 2020

In 2020, lenders reported 1,098 mortgage applications in Rio Arriba County, NM totaling $206.2 million, up 19% from 2019. The average application was for $187,000, and applicants reported an average income of $92,000. 48% of applications resulted in an originated loan and 19% were denied. The most active lender was 21st Mortgage, with 144 applications, followed by Del Norte Credit Union and Vanderbilt Mortgage and Finance, Inc.

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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 1,098
Total Mortgage Loan Application Amount $206,160,000
Average Mortgage Loan Application Amount $187,000
Highest Mortgage Loan Application Amount $985,000
Average Applicant Income $92,000
Highest Applicant Income $1,750,000

Mortgage Company List for Lending in Rio Arriba County, NM for 2020

* 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
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 144 $ 20,010,000
Del Norte Credit Union
PO BOX 1180
LOS ALAMOS, NM 87544
* $ 701,866,000 68 $ 12,050,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 40 $ 4,410,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,712,919,000,000 38 $ 6,370,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 35 $ 6,825,000
Legacy Mortgage LLC
6725 ACADEMY ROAD NE
ALBUQUERQUE, NM 87109
* $ -1,000 29 $ 4,125,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 1,498,327,000 27 $ 6,265,000
Enterprise Bank & Trust
150 N. MERAMEC AVE.
CLAYTON, MO 63105
* $ 7,293,396,000 26 $ 4,760,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 23 $ 4,385,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 22 $ 4,640,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 20 $ 4,970,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 19 $ 3,395,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 19 $ 3,535,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 19 $ 3,635,000
Nusenda Federal Credit Union
PO BOX 8530
ALBUQUERQUE, NM 87107
* $ 2,453,424,000 18 $ 2,700,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 16 $ 2,920,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 42,074,066,000 16 $ 2,800,000
State Employees Credit Union
813 ST. MICHAELS DR.
SANTA FE, NM 87505
* $ 636,268,000 16 $ 2,770,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 15 $ 3,145,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 15 $ 3,155,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 486,004,220,000 13 $ 2,065,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 12 $ 1,540,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 11 $ 1,865,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 10 $ 1,630,000
Sunflower Bank, N.A.
3025 CORTLAND CIRCLE - PO BOX 800
DALLAS, TX 75225
* $ 4,172,729,000 10 $ 2,410,000
Panorama Mortgage Group, LLC
350 RAMPART BOULEVARD SUITE 310
LAS VEGAS, NV 89113
* $ -1,000 10 $ 2,070,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 9 $ 2,345,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 111,986,078,000 9 $ 2,015,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,337,646,000,000 9 $ 2,245,000
Flagstar Bank NA

TROY, MI 49098
* $ 23,234,514,000 8 $ 1,820,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,852,983,000,000 8 $ 2,190,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 7 $ 1,335,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 7 $ 1,475,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 6 $ 1,770,000
Sandia Area Federal Credit Uni
PO BOX 18044
ALBUQUERQUE, NM 87185
* $ 758,443,000 6 $ 730,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 6,492,180,000 6 $ 1,300,000
Guadalupe Credit Union
3601 MIMBRES LANE
SANTA FE, NM 87507
* $ 183,021,000 6 $ 400,000
Bay Equity LLC

DETROIT, MI 48226
* $ -1,000 6 $ 1,420,000
Homeowners Financial Group, LLC
16427 N. SCOTTSDALE ROAD, SUITE 145
SCOTTSDALE, AZ 85251
* $ -1,000 6 $ 1,700,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 6 $ 770,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 6 $ 940,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 5 $ 1,165,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 5 $ 1,835,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 5 $ 1,255,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 5 $ 1,665,000
Countryplace Mortgage, Ltd.

PLANO, TX 75024
* $ -1,000 5 $ 1,085,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 5 $ 1,115,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 112,384,202,000 5 $ 645,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 5 $ 1,065,000
Chickasaw Community Bank
909 S MERIDIAN AVE
OKLAHOMA CITY, OK 73142
* $ 198,963,000 4 $ 690,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,065,955,000 4 $ 590,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 4 $ 620,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 4 $ 670,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 4 $ 960,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 461,256,000,000 4 $ 1,050,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 397,703,264,000 4 $ 700,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 4 $ 790,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 4 $ 580,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 4 $ 730,000
Change Lending
175 N. RIVERVIEW DRIVE SUITE C
ANAHEIM, CA 92808
* $ -1,000 4 $ 840,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 3 $ 625,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 3 $ 535,000
Mountain America Federal Credit Union
7181 SOUTH CAMPUS VIEW DRIVE
SANDY, UT 84091
* $ 9,348,808,000 3 $ 675,000
New Mexico Bank & Trust
320 GOLD SW STE 100
ALBUQUERQUE, NM 87102
* $ 1,763,037,000 3 $ 465,000
Clearpath Lending
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ -1,000 3 $ 715,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 3 $ 435,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 88,826,789,000 3 $ 815,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 3 $ 755,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 3 $ 495,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 604,528,000 3 $ 1,245,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 3 $ 1,235,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 2 $ 240,000
Nbh Bank
7800 EAST ORCHARD ROAD, SUITE 300
GREENWOOD VILLAGE, CO 80011
* $ 5,893,793,000 2 $ 280,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 2 $ 540,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,453,998,000,000 2 $ 110,000
Morgan Stanley Private Bank NA
2000 WESTCHESTER AVE
PURCHASE, NY 10577
* $ 83,036,000,000 2 $ 1,010,000
Kirtland Federal Credit Union
6440 GIBSON BLVD SE
ALBUQUERQUE, NM 87108
* $ 784,055,000 2 $ 270,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 2 $ 700,000
Washington Federal
425 PIKE ST
SEATTLE, WA 98101
* $ 16,420,261,000 2 $ 230,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 2 $ 280,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 2 $ 560,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 2 $ 860,000
Amcap Mortgage, Ltd.
9999 BELLAIRE BLVD., SUITE 700
AUSTIN, TX 77036
* $ -1,000 2 $ 380,000
BBVA USA
15 SOUTH 20TH ST
BIRMINGHAM, AL 35233
* $ 92,657,948,000 2 $ 500,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 41,950,721,000 2 $ 110,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ -1,000 2 $ 280,000
Best Capital Funding
21540 PLUMMER STREET, SUITE A
CHATSWORTH, CA 91311
* $ -1,000 2 $ 570,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 2 $ 390,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 250,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 3,210,474,000 2 $ 120,000
U.S. Eagle Federal Credit Union
5201 ANTEQUERA NW
ALBUQUERQUE, NM 87120
* $ 1,069,474,000 2 $ 1,010,000
Rio Grande Credit Union
10001 LOMAS BLVD, NE
ALBUQUERQUE, NM 87105
* $ 344,782,000 1 $ 225,000
Roundpoint Mortgage Servicing LLC
446 WRENPLACE ROAD
FORT MILL, SC 29715
* $ -1,000 1 $ 225,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 1 $ 355,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 165,742,416,000 1 $ 195,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ 12,244,742,000 1 $ 215,000
Access Community Credit Union
6401 BELL ST.
AMARILLO, TX 79114
* $ 128,502,000 1 $ 145,000
Raymond James Bank
710 CARILLON PARKWAY
SAINT PETERSBURG, FL 33716
* $ 26,468,603,000 1 $ 205,000
Castle & Cooke Mortgage, LLC
13751 S WADSWORTH PARK DRIVE, STE 101
DRAPER, UT 84020
* $ -1,000 1 $ 125,000
Sre Mortgage Alliance Inc.
2245 CAMPUS DRIVE
EL SEGUNDO, CA 90245
* $ -1,000 1 $ 205,000
Acrisure Mortgage, LLC
189 S ORANGE AVE STE 970
ORLANDO, FL 32801
* $ -1,000 1 $ 225,000
Keller Mortgage, LLC

AUSTIN, TX 78746
* $ -1,000 1 $ 265,000
Bank of Clarke
2 E MAIN ST
BERRYVILLE, VA 22611
* $ 871,277,000 1 $ 65,000
Reverse Mortgage Funding LLC
1455 BROAD ST., 2ND FL
BLOOMFIELD, NJ 07003
* $ -1,000 1 $ 275,000
First International Bank & Trust
1600 S BDWAY
MINOT, ND 58701
* $ 3,466,051,000 1 $ 135,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 92,968,547,000 1 $ 135,000
Greenstone Farm Credit Services
3515 WEST RD
EAST LANSING, MI 48823
* $ -1,000 1 $ 685,000
Citizens National Bank of Texas
P. O. BOX 717
WAXAHACHIE, TX 75168
* $ 1,168,844,000 1 $ 215,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 1 $ 105,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 1 $ 455,000
Wallick and Volk, Inc.
222 E. 18TH ST.
CHEYENNE, WY 82001
* $ -1,000 1 $ 205,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ 2,411,656,000 1 $ 285,000
Prime Choice Funding Inc.
17852 17TH ST #107
TUSTIN, CA 92780
* $ -1,000 1 $ 315,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 1 $ 145,000
Sofi Mortgage, LLC
6175 MAIN STREET, SUITE 490
FRISCO, TX 75034
* $ -1,000 1 $ 125,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 1 $ 205,000
Citizens Equity First Credit U
5401 W DIRKSEN PKWY
PEORIA, IL 61607
* $ 6,258,523,000 1 $ 105,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 1 $ 135,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 1 $ 125,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 4,694,690,000 1 $ 145,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 1 $ 135,000
Thrive Mortgage, LLC
4819 WILLIAMS DRIVE
CARROLLTON, TX 78633
* $ -1,000 1 $ 105,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 1 $ 125,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 1 $ 275,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ -1,000 1 $ 205,000
Ocmbc, Inc.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ -1,000 1 $ 215,000
The Central Trust Bank
238 MADISON ST.
JEFFERSON CITY, MO 65101
* $ 2,678,315,000 1 $ 205,000
Southwest Funding LP
13150 COIT ROAD STE 100
DALLAS, TX 75240
* $ -1,000 1 $ 175,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 1 $ 165,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 1 $ 225,000
Hometrust Mortgage Company
5353 W ALABAMA, SUITE 500
HOUSTON, TX 77056
* $ -1,000 1 $ 205,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 1 $ 165,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 155,000
Peoples Mortgage Company
2055 E CENTENNIAL CIRCLE
TEMPE, AZ 85284
* $ -1,000 1 $ 165,000
Firstlight Federal Credit Unio
9983 KENWORTHY ST.
EL PASO, TX 79924
* $ 1,134,340,000 1 $ 225,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ -1,000 1 $ 285,000
Meridian Bank
9 OLD LINCOLN HIGHWAY
MALVERN, PA 19355
* $ 1,149,979,000 1 $ 405,000
Arc Home LLC

MOORESTOWN, NJ 08057
* $ -1,000 1 $ 215,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 255,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 5,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 2,186,056,000 1 $ 145,000

The tables below break down 2020 mortgage applications in Rio Arriba County, NM by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Rio Arriba County, NM in 2020

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 515 $95,175,000 $184,000 $985,000 $92,000 $1,750,000
Refinancing 370 $71,600,000 $193,000 $585,000 $89,000 $330,000
Cash-out Refinancing 161 $31,445,000 $195,000 $515,000 $94,000 $260,000
Home Improvement 22 $3,190,000 $145,000 $365,000 $83,000 $280,000
Other Purpose 22 $3,640,000 $165,000 $685,000 $121,000 $538,000
Not Applicable 8 $1,110,000 $138,000 $205,000 $0 $0

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
Hispanic 566 $98,350,000 $173,000 $985,000 $84,000 $1,440,000
White 290 $63,210,000 $217,000 $935,000 $106,000 $1,750,000
Not Provided 155 $31,185,000 $201,000 $735,000 $99,000 $631,000
Not applicable 41 $6,935,000 $169,000 $405,000 $83,000 $121,000
American Indian or Alaskan Native 31 $4,205,000 $135,000 $515,000 $76,000 $265,000
Asian 10 $1,590,000 $159,000 $305,000 $87,000 $178,000
Black or African American 4 $560,000 $140,000 $185,000 $100,000 $150,000
Native Hawaiian or Other Pacific Islander 1 $125,000 $125,000 $125,000 $81,000 $81,000

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) 805 $144,135,000 $179,000 $985,000 $98,000 $1,750,000
FHA-insured (Federal Housing Administration) 158 $28,540,000 $180,000 $325,000 $65,000 $222,000
VA-guaranteed (Veterans Administration) 113 $28,775,000 $254,000 $605,000 $68,000 $182,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 22 $4,710,000 $214,000 $315,000 $68,000 $104,000

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 525 $107,485,000 $204,000 $735,000 $97,000 $712,000
Application Denied By Financial Institution 212 $35,970,000 $169,000 $935,000 $82,000 $1,750,000
Application Withdrawn By Applicant 173 $32,585,000 $188,000 $985,000 $94,000 $1,440,000
File Closed For Incompleteness 104 $15,530,000 $149,000 $595,000 $81,000 $631,000
Loan Purchased By The Institution 46 $7,990,000 $173,000 $405,000 $79,000 $146,000
Application Approved But Not Accepted 36 $6,170,000 $171,000 $475,000 $93,000 $448,000
Preapproval Approved but not Accepted 2 $430,000 $215,000 $275,000 $105,000 $177,000
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 884 $170,050,000 $192,000 $985,000 $94,000 $1,440,000
Credit History 63 $8,605,000 $136,000 $365,000 $53,000 $168,000
Debt-To-Income Ratio 47 $7,615,000 $162,000 $935,000 $56,000 $194,000
Collateral 45 $8,465,000 $188,000 $515,000 $83,000 $330,000
Credit Application Incomplete 22 $4,290,000 $195,000 $395,000 $107,000 $343,000
Other 22 $4,010,000 $182,000 $485,000 $128,000 $280,000
Unverifiable Information 9 $1,155,000 $128,000 $305,000 $87,000 $178,000
Insufficient Cash (Downpayment, Closing Cost) 5 $1,665,000 $333,000 $855,000 $429,000 $1,750,000
Employment History 1 $305,000 $305,000 $305,000 $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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