Sandusky County, OH Mortgage Lenders & HMDA Data, 2024

In 2024, lenders reported 1,587 mortgage applications in Sandusky County, OH totaling $216.8 million, up 14% from 2023. The average application was for $136,000, and applicants reported an average income of $81,000. 56% of applications resulted in an originated loan and 18% were denied. The most active lender was Huntington National Bank, with 154 applications, followed by Fremont Federal Credit Union and US Bank, N.A..

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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 1,587
Total Mortgage Loan Application Amount $216,785,000
Average Mortgage Loan Application Amount $136,000
Highest Mortgage Loan Application Amount $1,165,000
Average Applicant Income $81,000
Highest Applicant Income $1,256,000

Mortgage Company List for Lending in Sandusky County, OH for 2024

* 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
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ n/a 154 $ 15,700,000
Fremont Federal Credit Union
315 CROGHAN ST
FREMONT, OH 43420
* $ n/a 148 $ 19,210,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ n/a 71 $ 8,145,000
Croghan Colonial Bank
323 CROGHAN ST
FREMONT, OH 43420
* $ n/a 70 $ 10,340,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ n/a 57 $ 8,155,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ n/a 56 $ 5,760,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ n/a 41 $ 7,255,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ n/a 40 $ 7,020,000
Premier Bank
601 CLINTON STREET
YOUNGSTOWN, OH 44503
* $ n/a 36 $ 3,640,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ n/a 32 $ 2,140,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ n/a 31 $ 4,465,000
The Genoa Banking Company
801 MAIN STREET
GENOA, OH 43430
* $ n/a 30 $ 5,590,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ n/a 29 $ 4,385,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ n/a 26 $ 2,710,000
Union Capital Mortgage Corp
26021 CENTER RIDGE ROAD
WESTLAKE, OH 44145
* $ n/a 25 $ 4,165,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ n/a 25 $ 4,365,000
The Union Bank Company
105 PROGRESSIVE DRIVE
COLUMBUS GROVE, OH 45830
* $ n/a 23 $ 2,355,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ n/a 22 $ 2,260,000
Civista Bank
100 EAST WATER ST
SANDUSKY, OH 44870
* $ n/a 22 $ 3,200,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ n/a 18 $ 3,900,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ n/a 17 $ 505,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ n/a 17 $ 2,225,000
First National Bank
120 NORTH ST
BELLEVUE, OH 44811
* $ n/a 16 $ 2,410,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ n/a 15 $ 2,135,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ n/a 15 $ 1,115,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ n/a 14 $ 2,290,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ n/a 14 $ 2,480,000
Ag Credit, Aca
610 W. LYTLE ST.
FOSTORIA, OH 44830
* $ n/a 14 $ 2,350,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ n/a 14 $ 2,040,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ n/a 14 $ 1,850,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ n/a 13 $ 1,405,000
Old Fort Banking Company
8034 MAIN STREET
OLD FORT, OH 44861
* $ n/a 13 $ 1,855,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ n/a 11 $ 1,725,000
Your Home Financial LLC
1015 VIRGINIA DRIVE, SUITE 210
FORT WASHINGTON, PA 19034
* $ n/a 11 $ 1,885,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ n/a 10 $ 1,000,000
Howard Hanna Financial Services, Inc
1000 GAMMA DRIVE
PITTSBURGH, PA 15238
* $ n/a 10 $ 1,950,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ n/a 9 $ 1,415,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ n/a 9 $ 495,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ n/a 8 $ 1,290,000
Flagstar Bank NA

TROY, MI 49098
* $ n/a 7 $ 845,000
Ccf - Auburn Hills Branch
2955 UNIVERSITY DRIVE
AUBURN HILLS, MI 48326
* $ n/a 7 $ 445,000
The Farmers & Merchants State Bank
307 N DEFIANCE ST
ARCHBOLD, OH 43502
* $ n/a 7 $ 1,165,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ n/a 7 $ 305,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ n/a 7 $ 1,065,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ n/a 7 $ 1,145,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ n/a 7 $ 1,365,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ n/a 6 $ 1,330,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ n/a 6 $ 660,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ n/a 6 $ 340,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ n/a 6 $ 880,000
Sun Federal Credit Union
1627 HOLLAND ROAD
MAUMEE, OH 43537
* $ n/a 5 $ 545,000
Lendage, LLC dba Achieve Loans
1875 S GRANT ST
SAN MATEO, CA 94402
* $ n/a 5 $ 145,000
First Federal Savings & Loan Association of Lorain
3721 OBERLIN AVE
LORAIN, OH 44053
* $ n/a 5 $ 855,000
Superior Credit Union, Inc.
4230 ELIDA RD
LIMA, OH 45807
* $ n/a 5 $ 375,000
Union Savings Bank
8534 E KEMPER RD
CINCINNATI, OH 45249
* $ n/a 5 $ 765,000
Mycumortgage
3560 PENTAGON BLVD. SUITE 301
BEAVERCREEK, OH 45431
* $ n/a 5 $ 545,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ n/a 5 $ 365,000
Bpl Mortgage, LLC

OAKBROOK TERRACE, IL 60181
* $ n/a 4 $ 480,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ n/a 4 $ 800,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ n/a 4 $ 780,000
The State Bank & Trust Company
401 CLINTON STREET
DEFIANCE, OH 43512
* $ n/a 3 $ 465,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ n/a 3 $ 475,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ n/a 3 $ 305,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ n/a 3 $ 465,000
Schumacher Mortgage LLC
2715 WISE AVENUE SUITE 100
CANTON, OH 44708
* $ n/a 3 $ 1,255,000
1st Signature Lending, LLC
9800 CROSSPOINT BLVD.
INDIANAPOLIS, IN 46256
* $ n/a 3 $ 975,000
Equity Resources Inc
PO BOX 5177
NEWARK, OH 43055
* $ n/a 3 $ 475,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ n/a 3 $ 295,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ n/a 3 $ 655,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ n/a 3 $ 305,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ n/a 3 $ 475,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ n/a 3 $ 485,000
Hall Financial
888 W BIG BEAVER RD, SUITE 800
TROY, MI 48083
* $ n/a 3 $ 365,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ n/a 3 $ 295,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ n/a 3 $ 1,035,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ n/a 2 $ 1,180,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ n/a 2 $ 280,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ n/a 2 $ 280,000
Vacationland Federal Credit Union
2911 HAYES AVE
SANDUSKY, OH 44870
* $ n/a 2 $ 250,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ n/a 2 $ 290,000
Mortgage Center Lc
26555 EVERGREEN RD SUITE 900
SOUTHFIELD, MI 48076
* $ n/a 2 $ 300,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ n/a 2 $ 290,000
Clearpath Lending
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ n/a 2 $ 370,000
Gvc Mortgage, Inc.
ONE PLAZA DRIVE, SUITE 3
SUITE 200, IN 46064
* $ n/a 2 $ 360,000
The Loan Store, Inc

TUCSON, AZ 85718
* $ n/a 2 $ 390,000
Consumer Real Estate Finance Co dba Society Mortgage
330 SW 2ND ST #111
FORT LAUDERDALE, FL 33312
* $ n/a 2 $ 210,000
Bayshore Mortgage Funding
1920 GREENSPRING DRIVE, SUITE 140
TIMONIUM, MD 21093
* $ n/a 2 $ 280,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ n/a 2 $ 210,000
Dollar Bank, FSB
#3 GATEWAY CENTER, SEVEN WEST
PITTSBURGH, PA 15222
* $ n/a 2 $ 620,000
Land Home Financial Services,
1355 WILLOW WAY, SUITE 250
CONCORD, CA 94520
* $ n/a 2 $ 480,000
NFM, Inc
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ n/a 2 $ 340,000
Southpoint Financial Services, Inc.
5955 SHILOH ROAD EAST, SUITE 200
ALPHARETTA, GA 30005
* $ n/a 2 $ 350,000
Signature Bank, N.A.
4607 W. SYLVANIA AVE.
TOLEDO, OH 43623
* $ n/a 2 $ 660,000
First Financial Bank
255 EAST FIFTH STREET SUITE 900
CINCINNATI, OH 45202
* $ n/a 2 $ 120,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ n/a 2 $ 170,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ n/a 2 $ 450,000
Nexbank
2515 MCKINNEY AVENUE, SUITE 1100
DALLAS, TX 75201
* $ n/a 2 $ 330,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ n/a 2 $ 280,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ n/a 2 $ 180,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ n/a 2 $ 310,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ n/a 2 $ 440,000
Stockton Mortgage Corporation
88 C MICHAEL DAVENPORT BLVD.
FRANKFORT, KY 40601
* $ n/a 1 $ 65,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ n/a 1 $ 25,000
Credit Union One
400 E NINE MILE RD
FERNDALE, MI 48220
* $ n/a 1 $ 355,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ n/a 1 $ 195,000
Nqm Funding, LLC
E, 4800 N FEDERAL HWY #200
BOCA RATON, FL 33431
* $ n/a 1 $ 145,000
Homexpress Mortgage Corp.
1936 E DEERE AVE SUITE 200
SANTA ANA, CA 92705
* $ n/a 1 $ 245,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ n/a 1 $ 165,000
Texana Bank
124 E RUSH ST
LINDEN, TX 75563
* $ n/a 1 $ 145,000
Day Air Credit Union
3501 WILMINGTON PIKE
KETTERING, OH 45429
* $ n/a 1 $ 85,000
S&T Bank
800 PHILADELPHIA STREET PO BOX 190
INDIANA, PA 15701
* $ n/a 1 $ 205,000
Quorum Federal Credit Union
2500 WESTCHESTER AVENUE
PURCHASE, NY 10577
* $ n/a 1 $ 105,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ n/a 1 $ 205,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ n/a 1 $ 185,000
Diamond Residential Mtg Corp
582 OAKWOOD AVE
LAKE FOREST, IL 60045
* $ n/a 1 $ 115,000
Calcon Mutual Mortgage LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ n/a 1 $ 505,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ n/a 1 $ 135,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ n/a 1 $ 135,000
Providence Bank & Trust
630 EAST 162ND ST
SOUTH HOLLAND, IL 60473
* $ n/a 1 $ 1,165,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ n/a 1 $ 105,000
Bay Area Credit Union
4202 NAVARRE AVENUE
OREGON, OH 43616
* $ n/a 1 $ 275,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ n/a 1 $ 255,000
First Federal Bank of Ohio
140 N COLUMBUS ST.
GALION, OH 44833
* $ n/a 1 $ 65,000
Ameritrust Mortgage Corporation

FLOWER MOUND, TX 75022
* $ n/a 1 $ 145,000
Glass City Federal Credit Union
1340 ARROWHEAD DRIVE
MAUMEE, OH 43537
* $ n/a 1 $ 35,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ n/a 1 $ 165,000
Loan Funder LLC
645 MADISON AVENUE, 19TH FLOOR
NEW YORK, NY 10022
* $ n/a 1 $ 85,000
Wright Patt Credit Union Inc
3560 PENTAGON BLVD.
BEAVERCREEK, OH 45431
* $ n/a 1 $ 165,000
Signature Federal Credit Union
12 HERBERT ST.
ALEXANDRIA, VA 22305
* $ n/a 1 $ 55,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ n/a 1 $ 355,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ n/a 1 $ 155,000
A&N Mortgage Services, Inc.
901 S 2ND ST STE #201
SPRINGFIELD, IL 62704
* $ n/a 1 $ 125,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ n/a 1 $ 85,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ n/a 1 $ 135,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ n/a 1 $ 155,000
Allied Mortgage Group, Inc
225 E. CITY AVENUE, SUITE 102
BALA CYNWYD, PA 19004
* $ n/a 1 $ 205,000
Homepromise Corporation
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ n/a 1 $ 155,000
Data Mortgage, Inc

OCALA, FL 34475
* $ n/a 1 $ 195,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ n/a 1 $ 55,000
First Federal S&L of Lakewood
14806 DETROIT AVE
LAKEWOOD, OH 44107
* $ n/a 1 $ 145,000
Nations Reliable Lending, LLC

HOUSTON, TX 77057
* $ n/a 1 $ 165,000
Citizens Equity First Credit U
5401 W DIRKSEN PKWY
PEORIA, IL 61607
* $ n/a 1 $ 195,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ n/a 1 $ 65,000
Citadel Servicing Corporation
15707 ROCKFIELD BLVD STE 320
IRVINE, CA 92618
* $ n/a 1 $ 255,000
Endeavor Capital, LLC
14897 CLAYTON ROAD
CHESTERFIELD, MO 63017
* $ n/a 1 $ 115,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ n/a 1 $ 35,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ n/a 1 $ 235,000
Pfn Lending Group, Inc.
5016 N PARKWAY CALABASAS
CALABASAS, CA 91302
* $ n/a 1 $ 95,000
Panorama Mortgage Group, LLC
350 RAMPART BOULEVARD SUITE 310
LAS VEGAS, NV 89113
* $ n/a 1 $ 135,000

The tables below break down 2024 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 2024

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 851 $137,835,000 $161,000 $1,165,000 $81,000 $1,256,000
Cash-out Refinancing 276 $40,040,000 $145,000 $655,000 $77,000 $510,000
Home Improvement 161 $8,895,000 $55,000 $355,000 $84,000 $410,000
Other Purpose 158 $9,350,000 $59,000 $225,000 $84,000 $646,000
Refinancing 139 $20,565,000 $147,000 $525,000 $81,000 $295,000
Not Applicable 2 $100,000 $50,000 $55,000 $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
White 1,114 $150,130,000 $134,000 $655,000 $83,000 $1,256,000
Not Provided 167 $22,915,000 $137,000 $505,000 $80,000 $646,000
Hispanic 130 $16,010,000 $123,000 $445,000 $73,000 $406,000
Not applicable 120 $20,020,000 $166,000 $1,165,000 $0 $0
Black or African American 44 $6,110,000 $138,000 $255,000 $61,000 $125,000
American Indian or Alaskan Native 6 $930,000 $155,000 $235,000 $97,000 $115,000
Asian 6 $670,000 $111,000 $185,000 $84,000 $180,000
Native Hawaiian or Other Pacific Islander 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) 1,139 $138,235,000 $121,000 $1,165,000 $84,000 $1,256,000
FHA-insured (Federal Housing Administration) 285 $46,545,000 $163,000 $465,000 $70,000 $263,000
VA-guaranteed (Veterans Administration) 142 $28,660,000 $201,000 $655,000 $72,000 $163,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 21 $3,345,000 $159,000 $345,000 $68,000 $111,000

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 893 $130,825,000 $146,000 $1,165,000 $86,000 $1,256,000
Application Denied By Financial Institution 292 $28,210,000 $96,000 $405,000 $71,000 $410,000
Application Withdrawn By Applicant 161 $23,865,000 $148,000 $535,000 $79,000 $510,000
Loan Purchased By The Institution 134 $22,830,000 $170,000 $655,000 $71,000 $161,000
File Closed For Incompleteness 55 $5,905,000 $107,000 $285,000 $63,000 $168,000
Application Approved But Not Accepted 43 $3,905,000 $90,000 $255,000 $77,000 $264,000
Preapproval Denied by Financial Institution 6 $780,000 $130,000 $175,000 $53,000 $101,000
Preapproval Approved but not Accepted 3 $465,000 $155,000 $195,000 $70,000 $101,000

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
Not applicable 1,197 $173,475,000 $144,000 $1,165,000 $83,000 $1,256,000
Debt-To-Income Ratio 164 $21,590,000 $131,000 $555,000 $73,000 $410,000
Credit History 99 $6,185,000 $62,000 $165,000 $76,000 $313,000
Credit Application Incomplete 55 $6,785,000 $123,000 $405,000 $77,000 $295,000
Collateral 51 $5,925,000 $116,000 $375,000 $79,000 $191,000
Other 10 $1,130,000 $113,000 $225,000 $60,000 $89,000
Employment History 6 $830,000 $138,000 $215,000 $66,000 $180,000
Unverifiable Information 4 $740,000 $185,000 $245,000 $68,000 $109,000
Insufficient Cash (Downpayment, Closing Cost) 1 $125,000 $125,000 $125,000 $42,000 $42,000
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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