Rockingham County, NH Mortgage Lenders & HMDA Data, 2007

In 2007, lenders reported 28,817 mortgage applications in Rockingham County, NH totaling $5.9 billion, down 20% from 2006. The average application was for $205,000, and applicants reported an average income of $94,000. 40% of applications resulted in an originated loan and 20% were denied. The most active lender was Countrywide Home Loans, with 2,623 applications, followed by Countrywide Bank FSB and Rbs Citizens, N.A..

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Total Number of Mortgage Applications 28,817
Total Mortgage Loan Application Amount $5,914,812,000
Average Mortgage Loan Application Amount $205,000
Highest Mortgage Loan Application Amount $14,973,000
Average Applicant Income $94,000
Highest Applicant Income $9,999,000
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Top Mortgage Lenders in Rockingham County, NH (2007)

Ranked by the number of mortgage applications each lender reported in Rockingham County, NH in 2007.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Countrywide Home Loans
Westlake Village, CA
2,623 $622,301,000 $237,000 $100,000
2 Countrywide Bank FSB
Westlake Village, CA
1,766 $395,148,000 $223,000 $100,000
3 Rbs Citizens, N.A.
Providence, RI
1,281 $124,629,000 $97,000 $91,000
4 Gmac Mortgage LLC
Ft. Washington, PA
1,009 $221,497,000 $219,000 $57,000
5 Citimortgage, Inc
New York, NY
998 $198,513,000 $198,000 $108,000
6 Bank of America, N.A.
Calabasas, CA
990 $188,783,000 $190,000 $108,000
7 Wells Fargo Bank, NA
Des Moines, IA
955 $221,991,000 $232,000 $117,000
8 Beneficial Company LLC
Mettawa, IL
897 $138,092,000 $153,000 $89,000
9 JPMorgan Chase Bank, NA
Columbus, OH
723 $151,336,000 $209,000 $86,000
10 TD Bank N.A.
Falmouth, ME
680 $81,468,000 $119,000 $99,000

See every lender active in Rockingham County, NH in 2007 »

The tables below break down 2007 mortgage applications in Rockingham County, NH 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, NH 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
Refinancing 17,090 $3,742,312,000 $218,000 $14,973,000 $92,000 $7,541,000
Home Purchase 8,334 $1,863,314,000 $223,000 $5,000,000 $99,000 $9,999,000
Home Improvement 3,393 $309,186,000 $91,000 $2,500,000 $91,000 $1,348,000

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 21,466 $4,345,699,000 $202,000 $5,000,000 $100,000 $7,541,000
Not Provided 3,868 $807,017,000 $208,000 $4,095,000 $97,000 $9,999,000
Not applicable 2,652 $590,192,000 $222,000 $14,973,000 $36,000 $1,087,000
Hispanic 353 $67,777,000 $192,000 $736,000 $90,000 $675,000
Asian 216 $49,667,000 $229,000 $715,000 $112,000 $1,200,000
Black or African American 164 $35,310,000 $215,000 $675,000 $97,000 $455,000
American Indian or Alaskan Native 80 $14,238,000 $177,000 $600,000 $86,000 $244,000
Native Hawaiian or Other Pacific Islander 18 $4,912,000 $272,000 $554,000 $110,000 $200,000

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) 28,160 $5,745,262,000 $204,000 $14,973,000 $94,000 $9,999,000
FHA-insured (Federal Housing Administration) 503 $129,042,000 $256,000 $404,000 $81,000 $289,000
VA-guaranteed (Veterans Administration) 147 $38,977,000 $265,000 $417,000 $74,000 $282,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 7 $1,531,000 $218,000 $267,000 $66,000 $92,000

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 11,577 $2,276,612,000 $196,000 $14,973,000 $103,000 $9,999,000
Loan Purchased By The Institution 6,255 $1,395,301,000 $223,000 $4,095,000 $72,000 $1,612,000
Application Denied By Financial Institution 5,750 $1,122,233,000 $195,000 $7,500,000 $92,000 $7,541,000
Application Withdrawn By Applicant 2,548 $544,319,000 $213,000 $3,500,000 $96,000 $6,255,000
Application Approved But Not Accepted 1,959 $399,495,000 $203,000 $5,000,000 $104,000 $1,402,000
File Closed For Incompleteness 704 $173,128,000 $245,000 $850,000 $102,000 $1,200,000
Preapproval Approved but not Accepted 15 $2,336,000 $155,000 $340,000 $89,000 $431,000
Preapproval Denied by Financial Institution 9 $1,388,000 $154,000 $280,000 $59,000 $128,000

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
Collateral 877 $176,705,000 $201,000 $4,000,000 $106,000 $1,618,000
Credit History 876 $142,580,000 $162,000 $1,275,000 $89,000 $1,348,000
Debt-To-Income Ratio 723 $126,782,000 $175,000 $875,000 $67,000 $695,000
Other 442 $110,554,000 $250,000 $7,500,000 $98,000 $1,248,000
Credit Application Incomplete 383 $89,011,000 $232,000 $4,000,000 $112,000 $1,618,000
Unverifiable Information 113 $27,908,000 $246,000 $640,000 $183,000 $7,541,000
Insufficient Cash (Downpayment, Closing Cost) 53 $12,942,000 $244,000 $650,000 $94,000 $401,000
Employment History 34 $8,015,000 $235,000 $643,000 $94,000 $238,000
Mortgage Insurance Denied 9 $1,305,000 $145,000 $323,000 $63,000 $104,000

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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