Rockingham County-Strafford County, NH Metro Area Mortgage Lenders & HMDA Data, 2016

In 2016, lenders reported 27,150 mortgage applications in Rockingham County-Strafford County, NH metro area totaling $6.7 billion, up 14% from 2015. The average application was for $248,185, and applicants reported an average income of $101,000. 54% of applications resulted in an originated loan and 15% were denied. The most active lender was Wells Fargo Bank NA, with 1,705 applications, followed by loanDepot.com LLC and Residential Mortgage Services, Inc..

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Total Number of Mortgage Applications 27,150
Total Mortgage Loan Application Amount $6,738,226,000
Average Mortgage Loan Application Amount $248,185
Highest Mortgage Loan Application Amount $64,300,000
Average Applicant Income $101,000
Highest Applicant Income $4,200,000
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Top Mortgage Lenders in Rockingham County-Strafford County, NH Metro Area (2016)

Ranked by the number of mortgage applications each lender reported in Rockingham County-Strafford County, NH metro area in 2016.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Wells Fargo Bank NA
Minneapolis, MN
1,705 $429,984,000 $252,000 $108,000
2 loanDepot.com LLC
Irvine, CA
1,446 $339,908,000 $235,000 $106,000
3 Residential Mortgage Services, Inc.
South Portland, ME
1,032 $255,145,000 $247,000 $99,000
4 Harborone Mortgage, LLC
Manchester, NH
933 $241,655,000 $259,000 $111,000
5 Freedom Mortgage Corporation
Fishers, IN
764 $194,382,000 $254,000 $12,000
6 Lendus, LLC
Alamo, CA
754 $192,102,000 $254,000 $106,000
7 Service Federal Credit Union
Portsmouth, NH
657 $133,621,000 $203,000 $117,000
8 Lighthouse Federal Credit Union
Portsmouth, NH
651 $72,150,000 $110,000 $107,000
9 Nationstar Mortgage
Coppell, TX
638 $137,784,000 $215,000 $59,000
10 Acrisure Mortgage, LLC
Orlando, FL
618 $161,205,000 $260,000 $116,000

See every lender active in Rockingham County-Strafford County, NH metro area in 2016 »

The tables below break down 2016 mortgage applications in Rockingham County-Strafford County, NH metro area by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Rockingham County-Strafford County, NH in 2016

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 13,490 $3,274,376,000 $242,000 $8,939,000 $100,000 $3,519,000
Home Purchase 11,838 $3,197,407,000 $270,000 $64,300,000 $102,000 $4,050,000
Home Improvement 1,822 $266,443,000 $146,000 $17,600,000 $111,000 $4,200,000

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 21,195 $5,042,550,000 $237,000 $7,500,000 $108,000 $4,050,000
Not Provided 2,488 $593,995,000 $238,000 $1,715,000 $122,000 $4,200,000
Not applicable 2,416 $844,441,000 $349,000 $64,300,000 $16,000 $892,000
Hispanic 424 $103,297,000 $243,000 $1,050,000 $96,000 $1,304,000
Asian 384 $95,322,000 $248,000 $840,000 $121,000 $760,000
Black or African American 126 $32,193,000 $255,000 $854,000 $94,000 $1,400,000
American Indian or Alaskan Native 78 $17,201,000 $220,000 $746,000 $75,000 $360,000
Native Hawaiin or Other Pacific Islander 39 $9,227,000 $236,000 $523,000 $122,000 $1,325,000

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) 20,093 $4,960,242,000 $246,000 $64,300,000 $116,000 $4,200,000
FHA-insured (Federal Housing Administration) 4,394 $1,067,398,000 $242,000 $622,000 $60,000 $1,013,000
VA-guaranteed (Veterans Administration) 2,296 $634,570,000 $276,000 $950,000 $63,000 $1,800,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 367 $76,016,000 $207,000 $375,000 $53,000 $312,000

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 14,739 $3,843,933,000 $260,000 $64,300,000 $112,000 $3,098,000
Application Denied By Financial Institution 4,072 $816,835,000 $200,000 $1,500,000 $94,000 $4,050,000
Loan Purchased By The Institution 3,562 $924,061,000 $259,000 $1,277,000 $53,000 $1,505,000
Application Withdrawn By Applicant 2,883 $711,040,000 $246,000 $17,600,000 $115,000 $4,200,000
File Closed For Incompleteness 1,228 $288,629,000 $235,000 $1,139,000 $98,000 $1,484,000
Application Approved But Not Accepted 666 $153,728,000 $230,000 $1,236,000 $112,000 $1,041,000
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
Debt-To-Income Ratio 506 $93,408,000 $184,000 $1,113,000 $66,000 $349,000
Credit History 443 $64,840,000 $146,000 $1,500,000 $86,000 $876,000
Collateral 408 $94,840,000 $232,000 $1,420,000 $122,000 $1,098,000
Credit Application Incomplete 215 $48,897,000 $227,000 $800,000 $111,000 $876,000
Other 177 $34,993,000 $197,000 $1,230,000 $109,000 $1,272,000
Unverifiable Information 78 $18,953,000 $242,000 $1,352,000 $109,000 $1,140,000
Insufficient Cash (Downpayment, Closing Cost) 47 $12,958,000 $275,000 $950,000 $116,000 $435,000
Employment History 35 $7,940,000 $226,000 $1,000,000 $176,000 $4,050,000
Mortgage Insurance Denied 2 $350,000 $175,000 $180,000 $63,000 $65,000

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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