Sandusky County, OH Mortgage Lenders & HMDA Data, 2013

In 2013, lenders reported 2,201 mortgage applications in Sandusky County, OH totaling $332.3 million, down 3% from 2012. The average application was for $150,000, and applicants reported an average income of $65,000. 51% of applications resulted in an originated loan and 23% were denied. The most active lender was Wells Fargo Bank NA, with 183 applications, followed by Croghan Colonial Bank and Huntington National Bank.

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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 2,201
Total Mortgage Loan Application Amount $332,260,000
Average Mortgage Loan Application Amount $150,000
Highest Mortgage Loan Application Amount $57,794,000
Average Applicant Income $65,000
Highest Applicant Income $9,999,000

Mortgage Company List for Lending in Sandusky County, OH for 2013

* 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
* $ 1,266,125,000,000 183 $ 17,612,000
Croghan Colonial Bank
323 CROGHAN ST
FREMONT, OH 43420
* $ 630,012,000 178 $ 16,105,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 55,954,625,000 154 $ 14,727,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 119,444,656,000 146 $ 14,168,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 345,088,616,000 127 $ 10,088,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,896,773,000,000 119 $ 11,795,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 119,444,656,000 109 $ 8,507,000
Old Fort Banking Company
8034 MAIN STREET
OLD FORT, OH 44861
* $ 413,479,000 100 $ 9,841,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 295,026,390,000 56 $ 4,858,000
National Bank of Ohio
323 CROGHAN STREET
FREMONT, OH 43420
* $ 221,952,000 53 $ 5,208,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,313,401,000,000 51 $ 4,703,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 87,043,364,000 50 $ 4,125,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 37 $ 3,452,000
The Home Savings and Loan Comp
275 W FEDERAL ST
YOUNGSTOWN, OH 44503
* $ 1,808,305,000 35 $ 2,963,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ 10,000,000 31 $ 3,292,000
The American Eagle Mortgage Co
6145 PARK SQUARE DRIVE SUITE 3
LORAIN, OH 44053
* $ 10,000,000 29 $ 3,021,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 29 $ 3,091,000
First National Bank
120 NORTH ST
BELLEVUE, OH 44811
* $ 133,012,000 29 $ 3,240,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 28 $ 2,936,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,474,077,383,000 25 $ 2,656,000
The Genoa Banking Company
801 MAIN STREET
GENOA, OH 43430
* $ 257,413,000 25 $ 2,722,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 24 $ 2,326,000
Ag Credit, Aca
610 W. LYTLE ST.
FOSTORIA, OH 44830
* $ 10,000,000 24 $ 2,943,000
Northern Ohio Investment Company
6444 MONROE STREET, SUITE 6
SYLVANIA, OH 43560
* $ 10,000,000 21 $ 2,440,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 18 $ 2,378,000
Lendmark Financial Services
223 W NASH ST
WILSON, NC 27893
* $ 43,592,768,000 18 $ 241,000
Vacationland Federal Credit Un
2911 SOUTH HAYES AVENUE
SANDUSKY, OH 44870
* $ 147,721,000 18 $ 1,673,000
The Union Bank Company
105 PROGRESSIVE DRIVE
COLUMBUS GROVE, OH 45830
* $ 571,771,000 17 $ 1,621,000
Gvc Mortgage, Inc.
ONE PLAZA DRIVE, SUITE 3
SUITE 200, IN 46064
* $ 11,000,000 16 $ 1,753,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 14 $ 1,400,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 14 $ 1,322,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 13 $ 2,043,000
Premier Bank
601 CLINTON STREET
YOUNGSTOWN, OH 44503
* $ 2,031,038,000 13 $ 1,120,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 12 $ 1,506,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,105,077,000 11 $ 888,000
Discover Home Loans, Inc.
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 73,491,315,000 11 $ 1,584,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 178,034,172,000 11 $ 654,000
First Financial Bank NA
255 EAST FIFTH STREET SUITE #900
CINCINNATI, OH 45202
* $ 6,487,854,000 9 $ 1,551,000
First Place Bank
185 EAST MARKET
WARREN, OH 44481
* $ 2,590,320,000 9 $ 1,741,000
Residential Finance Corporatio
1 EASTON OVAL #400
COLUMBUS, OH 43219
* $ 17,533,484,000 9 $ 1,241,000
Equity Resources Inc
PO BOX 5177
NEWARK, OH 43055
* $ 16,280,000 8 $ 870,000
Mycumortgage
3560 PENTAGON BLVD. SUITE 301
BEAVERCREEK, OH 45431
* $ 1,159,238,000 7 $ 608,000
Gfs Capital
6499 HAVENWOOD CIRCLE
HUNTINGTON BEACH, CA 92648
* $ 10,000,000 7 $ 851,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 7 $ 1,033,000
Mortgage Investors Corp
6090 CENTRAL AVE
ST. PETERSBURG, FL 33707
* $ 10,000,000 6 $ 786,000
First Federal Savings & Loan Association of Lorain
3721 OBERLIN AVE
LORAIN, OH 44053
* $ 471,742,000 6 $ 839,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 429,180,000 6 $ 1,055,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 104,823,994,000 6 $ 640,000
Flagstar Bank NA

TROY, MI 49098
* $ 14,069,057,000 6 $ 1,044,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 11,341,219,000 5 $ 822,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 58,597,476,000 5 $ 376,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 5 $ 733,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ 10,000,000 5 $ 672,000
First Federal S&L of Lakewood
14806 DETROIT AVE
LAKEWOOD, OH 44107
* $ 1,392,424,000 5 $ 634,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ 11,000,000 5 $ 664,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 4 $ 337,000
Citizens Home Loans of America
7601 PARAGON RD., SUITE 202
DAYTON, OH 45459
* $ 8,173,098,000 4 $ 497,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ 10,000,000 4 $ 617,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 4 $ 792,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 4 $ 449,000
Firstmerit Bank NA
III CASCADE PLAZA - CAS46
AKRON, OH 44308
* $ 14,901,417,000 4 $ 574,000
Home Mortgage Assured Corporation
6000 PARKLAND BLVD
MAYFIELD HTS, OH 44124
* $ 10,000,000 4 $ 507,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ 1,603,436,000 4 $ 711,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 82,086,021,000 4 $ 511,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,864,946,000 3 $ 222,000
Ameris Bank
300 SOUTH MAIN STREET
ATLANTA, GA 30305
* $ 3,016,309,000 3 $ 311,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 196,979,000 3 $ 24,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 250,961,257,000 3 $ 220,000
Civista Bank
100 EAST WATER ST
SANDUSKY, OH 44870
* $ 1,132,766,000 3 $ 236,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 478,049,000 3 $ 290,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 3 $ 397,000
Homeowners Mortgage of America
100 GALLERIA PARKWAY STE 1400
ATLANTA, GA 30339
* $ 10,000,000 3 $ 440,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 209,365,000 3 $ 478,000
Cnb Bank
1 S SECOND STREET
CLEARFIELD, PA 16830
* $ 1,748,928,000 3 $ 269,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 2 $ 144,000
Woodforest National Bank
25231 GROGAN'S MILL ROAD
THE WOODLANDS, TX 77380
* $ 3,701,612,000 2 $ 70,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 2 $ 316,000
Roundpoint Mortgage Company
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 2 $ 174,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 2 $ 219,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 2 $ 260,000
American Midwest Mortgage Corporation
6363 YORK ROAD
PARMA HEIGHTS, OH 44130
* $ 10,000,000 2 $ 262,000
Directions Credit Union
5121 WHITEFORD ROAD
TOLEDO, OH 43604
* $ 561,864,000 2 $ 381,000
South Central Bank, National Association
525 W ROOSEVELT RD
CHICAGO, IL 60607
* $ 235,725,000 2 $ 10,000
Waterford Bank, N.A.
3900 N. MCCORD RD
TOLEDO, OH 43617
* $ 439,555,000 2 $ 279,000
The State Bank & Trust Company
401 CLINTON STREET
DEFIANCE, OH 43512
* $ 636,428,000 2 $ 378,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ 10,000,000 2 $ 269,000
Reverse Mortgage Solutions Inc
14405 WALTERS RD SUITE 200
HOUSTON, TX 77014
* $ 10,978,000 2 $ 114,105,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ 35,000,000,000 2 $ 159,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 2 $ 302,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 2 $ 247,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 52,436,123,000 2 $ 284,000
Sutton Bank
1 SOUTH MAIN ST
ATTICA, OH 44807
* $ 340,233,000 2 $ 109,000
The Farmers & Merchants State Bank
307 N DEFIANCE ST
ARCHBOLD, OH 43502
* $ 946,811,000 1 $ 66,000
First National Bank of Pandora
102 E. MAIN ST
PANDORA, OH 45877
* $ 140,695,000 1 $ 255,000
Firstmerit Mortgage Corp
4455 HILLS AND DALES RD. NW - MTG80
CANTON, OH 44708
* $ 6,000,000,000 1 $ 165,000
Cit Bank, National Association
75 N. FAIR OAKS AVE.
PASADENA, CA 91103
* $ 25,893,829,000 1 $ 71,000
Gmac Mortgage, LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 1 $ 42,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 18,212,833,000 1 $ 100,000
Ally Bank
2101 REXFORD ROAD, SUITE 350W
CHARLOTTE, NC 28211
* $ 94,795,926,000 1 $ 172,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 6,680,971,000 1 $ 81,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,247,622,000 1 $ 174,000
Pathways Financial Credit Union
5665 N. HAMILTON RD
COLUMBUS, OH 43230
* $ 187,276,000 1 $ 138,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 646,232,000 1 $ 23,000
Liberty Savings Bank, FSB
3435 AIRBORNE RD, STE B
WILMINGTON, OH 45177
* $ 552,370,000 1 $ 200,000
Dollar Bank, FSB
#3 GATEWAY CENTER, SEVEN WEST
PITTSBURGH, PA 15222
* $ 6,674,748,000 1 $ 193,000
Mutual of Omaha Bank
3333 FARNAM ST
OMAHA, NE 68131
* $ 5,923,392,000 1 $ 223,000
First Choice Loan Services Inc.
ONE TOWER CENTER, FLOOR #18
EAST BRUNSWICK, NJ 08816
* $ 669,000,000 1 $ 247,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 237,816,000 1 $ 93,000
Telhio Credit Union, Inc.
96 N. 4TH STREET
COLUMBUS, OH 43215
* $ 476,995,000 1 $ 25,000
Cole Taylor Bank
9550 W HIGGINS RAOD
ROSEMONT, IL 60018
* $ 5,784,213,000 1 $ 336,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 62,000
Mms Mortgage Services, Ltd.
38275 TWELVE MILE RD., SUITE 100
FARMINGTON HILLS, MI 48331
* $ 5,598,000 1 $ 81,000
American Equity Mortgage, Inc.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 1 $ 152,000
Farmers Bank & Trust
1017 HARRISON
GREAT BEND, KS 67530
* $ 669,944,000 1 $ 64,000
National Bank of Kansas City
10700 NALL AVENUE
OVERLAND PARK, KS 66211
* $ 627,435,000 1 $ 71,000
Access National Bank
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 862,757,000 1 $ 106,000
Priority Mortgage Corp.
150 E WILSON BRIDGE RD STE 350
WORTHINGTON, OH 43085
* $ 10,000,000 1 $ 100,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 225,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 1 $ 95,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ 10,000,000 1 $ 85,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 1 $ 54,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ 10,000,000 1 $ 150,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 1 $ 84,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ 10,000,000 1 $ 109,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ 5,889,539,000 1 $ 179,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ 10,000,000 1 $ 100,000
Victorian Finance, LLC
2570 BOYCE PLAZA ROAD
PITTSBURGH, PA 15241
* $ 12,167,000 1 $ 109,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 1 $ 132,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ 603,000 1 $ 98,000
Home Finance of America
521 PLYMOUTH ROAD, SUITE 112
PLYMOUTH MEETING, PA 19462
* $ 17,371,000 1 $ 75,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 94,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ 10,000,000 1 $ 130,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 1 $ 56,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 270,671,000 1 $ 89,000
First Financial Services, Inc.
6230 FAIRVIEW RD, 450
CHARLOTTE, NC 28210
* $ 842,786,000 1 $ 213,000
Signature Federal Credit Union
12 HERBERT ST.
ALEXANDRIA, VA 22305
* $ 273,007,000 1 $ 21,000
The Citizens National Bank
102 S. MAIN ST.
BLUFFTON, OH 45817
* $ 668,083,000 1 $ 85,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 1 $ 91,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ 3,125,000 1 $ 77,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 1 $ 78,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ 40,000,000 1 $ 131,000

The tables below break down 2013 mortgage applications in Sandusky County, OH by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Sandusky County, OH in 2013

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 1,444 $265,741,000 $184,000 $57,794,000 $73,000 $9,999,000
Home Purchase 606 $62,018,000 $102,000 $320,000 $50,000 $218,000
Home Improvement 151 $4,501,000 $29,000 $234,000 $58,000 $516,000

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 1,786 $174,173,000 $97,000 $1,182,000 $63,000 $1,200,000
Not Provided 167 $17,660,000 $105,000 $336,000 $66,000 $424,000
Not applicable 130 $130,316,000 $1,002,000 $57,794,000 $19,000 $192,000
Hispanic 77 $6,428,000 $83,000 $240,000 $203,000 $9,999,000
Black or African American 29 $2,195,000 $75,000 $186,000 $43,000 $162,000
Asian 7 $1,110,000 $158,000 $242,000 $68,000 $114,000
American Indian or Alaskan Native 4 $304,000 $76,000 $152,000 $42,000 $58,000
Native Hawaiian or Other Pacific Islander 1 $74,000 $74,000 $74,000 $34,000 $34,000

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) 1,554 $147,339,000 $94,000 $2,250,000 $76,000 $9,999,000
FHA-insured (Federal Housing Administration) 349 $151,880,000 $435,000 $57,794,000 $39,000 $138,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 151 $14,232,000 $94,000 $199,000 $36,000 $155,000
VA-guaranteed (Veterans Administration) 147 $18,809,000 $127,000 $252,000 $40,000 $140,000

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 1,129 $111,183,000 $98,000 $2,250,000 $64,000 $1,200,000
Application Denied By Financial Institution 500 $46,143,000 $92,000 $336,000 $83,000 $9,999,000
Loan Purchased By The Institution 233 $139,222,000 $597,000 $57,794,000 $37,000 $265,000
Application Withdrawn By Applicant 191 $21,723,000 $113,000 $391,000 $67,000 $695,000
Application Approved But Not Accepted 93 $8,206,000 $88,000 $263,000 $57,000 $195,000
File Closed For Incompleteness 54 $5,733,000 $106,000 $226,000 $78,000 $424,000
Preapproval Denied by Financial Institution 1 $50,000 $50,000 $50,000 $31,000 $31,000
Preapproval Approved but not Accepted 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 154 $11,338,000 $73,000 $280,000 $121,000 $9,999,000
Collateral 89 $10,358,000 $116,000 $336,000 $89,000 $424,000
Credit Application Incomplete 49 $4,612,000 $94,000 $306,000 $71,000 $300,000
Debt-To-Income Ratio 44 $4,214,000 $95,000 $234,000 $53,000 $159,000
Other 32 $2,857,000 $89,000 $225,000 $52,000 $170,000
Unverifiable Information 10 $924,000 $92,000 $198,000 $63,000 $151,000
Insufficient Cash (Downpayment, Closing Cost) 9 $1,054,000 $117,000 $200,000 $77,000 $151,000
Employment History 1 $21,000 $21,000 $21,000 $40,000 $40,000
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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