Seneca County, OH Mortgage Lenders & HMDA Data, 2018

In 2018, lenders reported 1,589 mortgage applications in Seneca County, OH totaling $152.1 million, up 12% from 2017. The average application was for $95,000, and applicants reported an average income of $63,000. 56% of applications resulted in an originated loan and 20% were denied. The most active lender was Huntington National Bank, with 164 applications, followed by Fifth Third Bank and The State Bank & Trust Company.

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Whether you're an industry professional, homebuyer, or researcher, this data helps you stay informed about local mortgage trends and lending activity.

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 1,589
Total Mortgage Loan Application Amount $152,135,000
Average Mortgage Loan Application Amount $95,000
Highest Mortgage Loan Application Amount $2,305,000
Average Applicant Income $63,000
Highest Applicant Income $862,000

Mortgage Company List for Lending in Seneca County, OH for 2018

* 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
* $ 104,052,030,000 164 $ 12,210,000
Fifth Third Bank
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 140,077,697,000 113 $ 6,605,000
The State Bank & Trust Company
401 CLINTON STREET
DEFIANCE, OH 43512
* $ 875,900,000 107 $ 11,345,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 102 $ 8,340,000
Old Fort Banking Company
8034 MAIN STREET
OLD FORT, OH 44861
* $ 523,775,000 85 $ 9,765,000
Superior Credit Union, Inc.
4230 ELIDA RD
LIMA, OH 45807
* $ 820,653,000 59 $ 3,345,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,002,264,000 56 $ 3,750,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ -1,000 52 $ 5,030,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 48 $ 4,570,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 135,758,439,000 40 $ 3,620,000
Premier Bank
601 CLINTON STREET
YOUNGSTOWN, OH 44503
* $ 2,967,866,000 40 $ 3,520,000
Ag Credit, Aca
610 W. LYTLE ST.
FOSTORIA, OH 44830
* $ -1,000 36 $ 4,970,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 36 $ 3,440,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,747,398,000,000 29 $ 2,565,000
Home Savings Bank
275 W FEDERAL ST
YOUNGSTOWN, OH 44503
* $ 2,641,355,000 28 $ 2,560,000
Croghan Colonial Bank
323 CROGHAN ST
FREMONT, OH 43420
* $ 840,052,000 27 $ 5,155,000
First Federal Bank of Ohio
140 N COLUMBUS ST.
GALION, OH 44833
* $ 237,613,000 26 $ 2,620,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 22 $ 2,270,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 22 $ 2,440,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 21 $ 1,495,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 17 $ 1,735,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 17 $ 1,735,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 17 $ 1,145,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ -1,000 15 $ 1,655,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 14 $ 1,790,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ -1,000 11 $ 1,135,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 11 $ 805,000
Sutton Bank
1 SOUTH MAIN ST
ATTICA, OH 44807
* $ 499,955,000 11 $ 1,075,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 98,729,134,000 10 $ 440,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 9 $ 1,265,000
Lendus, LLC
3236 STONE VALLEY ROAD W
ALAMO, CA 94507
* $ -1,000 8 $ 1,040,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 8 $ 430,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 8 $ 820,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 7 $ 795,000
First National Bank
120 NORTH ST
BELLEVUE, OH 44811
* $ 209,021,000 7 $ 515,000
Amerifirst Financial Corporation
950 TRADE CENTRE WAY SUITE 400
KALAMAZOO, MI 49009
* $ -1,000 7 $ 565,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 7 $ 785,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 6 $ 680,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 6 $ 640,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 5 $ 585,000
Mycumortgage
3560 PENTAGON BLVD. SUITE 301
BEAVERCREEK, OH 45431
* $ -1,000 5 $ 425,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 5 $ 525,000
Liberty Home Mortgage Corp
4401 ROCKSIDE RD 310
INDEPENDENCE, OH 44131
* $ -1,000 4 $ 440,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 4 $ 550,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 4 $ 440,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 4 $ 540,000
The First Citizens National Bank of Upper Sandusky
100 N. SANDUSKY AVENUE
UPPER SANDUSKY, OH 43351
* $ 276,947,000 4 $ 250,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 4 $ 710,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,002,887,000 4 $ 370,000
The Genoa Banking Company
801 MAIN STREET
GENOA, OH 43430
* $ 345,640,000 4 $ 770,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 4 $ 410,000
Cnb Bank
1 S SECOND STREET
CLEARFIELD, PA 16830
* $ 2,748,891,000 3 $ 155,000
Forbright Bank
6701 DEMOCRACY BLVD, SUITE 400
CHEVY CHASE, MD 20815
* $ 955,028,000 3 $ 385,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 3 $ 275,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 3 $ 295,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 3 $ 335,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 3 $ 1,445,000
Residential Mortgage Services, Inc.
24 CHRISTOPHER TOPPI DRIVE
SOUTH PORTLAND, ME 04106
* $ -1,000 3 $ 725,000
First Federal Community Bank
119 S SANDUSKY AVENUE
BUCYRUS, OH 44820
* $ 144,977,000 3 $ 485,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 3 $ 165,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 3 $ 295,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 3 $ 185,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,175,351,000 3 $ 415,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 264,496,000 3 $ 75,000
Ameris Bank
300 SOUTH MAIN STREET
ATLANTA, GA 30305
* $ 7,826,243,000 3 $ 555,000
First Federal S&L of Lakewood
14806 DETROIT AVE
LAKEWOOD, OH 44107
* $ 1,784,965,000 3 $ 1,085,000
J.G. Wentworth Home Lending, LLC
3350 COMMISSION COURT
WOODBRIDGE, VA 22192
* $ -1,000 3 $ 465,000
Provident Funding Associates
1235 NORTH DUTTON AVE STE E
SANTA ROSA, CA 95401
* $ -1,000 2 $ 190,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 2 $ 420,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 2 $ 430,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 2 $ 150,000
Signature Mortgage Corporation
4790 DOUGLAS CIRCLE NW
CANTON, OH 44718
* $ -1,000 2 $ 220,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 2 $ 310,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 2 $ 280,000
The Farmers & Merchants State Bank
307 N DEFIANCE ST
ARCHBOLD, OH 43502
* $ 1,082,413,000 2 $ 260,000
Hometown Lenders, Inc.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ -1,000 2 $ 290,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 2 $ 200,000
First National Bank of Pandora
102 E. MAIN ST
PANDORA, OH 45877
* $ 164,633,000 2 $ 230,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 2 $ 390,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 2 $ 170,000
Sun Federal Credit Union
1627 HOLLAND ROAD
MAUMEE, OH 43537
* $ 513,366,000 1 $ 95,000
Superior Financial Solutions
4230 ELIDA RD
LIMA, OH 45807
* $ -1,000 1 $ 135,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ -1,000 1 $ 145,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ -1,000 1 $ 125,000
Credit Union of Ohio
5500 BRITTON PARKWAY
HILLIARD, OH 43026
* $ 137,200,000 1 $ 35,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 1 $ 245,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 1 $ 155,000
Evolve Bank & Trust
6000 POPLAR AVENUE SUITE 300
MEMPHIS, TN 38119
* $ 456,898,000 1 $ 105,000
Centra Credit Union
3801 TUPELO DRIVE
COLUMBUS, IN 47201
* $ 1,416,347,000 1 $ 35,000
Andrews Federal Credit Union
5711 ALLENTOWN ROAD
SUITLAND, MD 20746
* $ 1,528,090,000 1 $ 35,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 1 $ 85,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 1 $ 95,000
The Equitable Mortgage Corporation
655 METRO PLACE SOUTH SUITE 500
DUBLIN, OH 43017
* $ -1,000 1 $ 65,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,696,742,000 1 $ 45,000
Chemical Bank
333 E MAIN STREET
MIDLAND, MI 48640
* $ 19,236,876,000 1 $ 315,000
Huron Valley Financial, Inc.
2395 OAK VALLEY DRIVE, SUITE 200
ANN ARBOR, MI 48103
* $ -1,000 1 $ 65,000
Peoples Mortgage Company
2055 E CENTENNIAL CIRCLE
TEMPE, AZ 85284
* $ -1,000 1 $ 135,000
Standing Stone Bank
137 W. WHEELING ST.
LANCASTER, OH 43130
* $ 105,003,000 1 $ 35,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 165,000
1st Signature Lending, LLC
9800 CROSSPOINT BLVD.
INDIANAPOLIS, IN 46256
* $ -1,000 1 $ 125,000
First Federal Savings & Loan Association of Lorain
3721 OBERLIN AVE
LORAIN, OH 44053
* $ 416,136,000 1 $ 55,000
Kind Lending, LLC
1920 MAIN STREET SUITE 1100 & 1200
IRVINE, CA 92614
* $ -1,000 1 $ 175,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 13,854,593,000 1 $ 25,000
The Union Bank Company
105 PROGRESSIVE DRIVE
COLUMBUS GROVE, OH 45830
* $ 778,829,000 1 $ 65,000
Angel Oak Mortgage Solutions LLC
980 HAMMOND DRIVE, SUITE 850
ATLANTA, GA 30328
* $ -1,000 1 $ 635,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 155,000
Rapid Mortgage Company
7870 E. KEMPER ROAD, SUITE 280
CINCINNATI, OH 45255
* $ -1,000 1 $ 85,000
Gvc Mortgage, Inc.
ONE PLAZA DRIVE, SUITE 3
SUITE 200, IN 46064
* $ -1,000 1 $ 635,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 969,487,000 1 $ 135,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 165,000
Bankunited, National Association
7815 NW 148TH STREET
MIAMI LAKES, FL 33016
* $ 30,280,467,000 1 $ 45,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 1 $ 25,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,384,707,000,000 1 $ 15,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 75,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 14,726,156,000 1 $ 55,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 1 $ 135,000
First Financial Bank
255 EAST FIFTH STREET SUITE 900
CINCINNATI, OH 45202
* $ 8,870,181,000 1 $ 15,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 75,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ -1,000 1 $ 75,000
The Cortland Savings and Banking Company
194 W. MAIN STREET
CORTLAND, OH 44410
* $ 707,619,000 1 $ 25,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 4,542,484,000 1 $ 25,000
Union Savings Bank
8534 E KEMPER RD
CINCINNATI, OH 45249
* $ 2,746,734,000 1 $ 145,000
American Mortgage Service Company
11503 SPRINGFIELD PIKE
CINCINNATI, OH 45246
* $ -1,000 1 $ 145,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 5,000
Chou Team Realty, LLC
25391 COMMERCENTRE DRIVE
LAKE FOREST, CA 92630
* $ -1,000 1 $ 155,000
Waterford Bank, N.A.
3900 N. MCCORD RD
TOLEDO, OH 43617
* $ 675,112,000 1 $ 105,000
Equity Resources Inc
PO BOX 5177
NEWARK, OH 43055
* $ -1,000 1 $ 125,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 363,702,000 1 $ 155,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 145,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 1 $ 45,000
Bay Area Credit Union
4202 NAVARRE AVENUE
OREGON, OH 43616
* $ 61,004,000 1 $ 105,000
Roundpoint Mortgage Servicing LLC
446 WRENPLACE ROAD
FORT MILL, SC 29715
* $ -1,000 1 $ 35,000
Gateway Mortgage Group, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ -1,000 1 $ 65,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 287,783,000 1 $ 25,000
Farm Credit Mid-America, Aca
1601 UPS DRIVE
LOUISVILLE, KY 40299
* $ -1,000 1 $ 225,000
Howard Bank
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 1,150,216,000 1 $ 55,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ -1,000 1 $ 65,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 35,000
Usx Federal Credit Union
PO BOX 1728
CRANBERRY TWP., PA 16066
* $ 222,714,000 1 $ 15,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,995,487,000 1 $ 265,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 526,546,000 1 $ 135,000

The tables below break down 2018 mortgage applications in Seneca 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 Seneca County, OH in 2018

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 772 $83,730,000 $108,000 $635,000 $61,000 $405,000
Cash-out Refinancing 280 $28,050,000 $100,000 $465,000 $70,000 $862,000
Refinancing 251 $26,225,000 $104,000 $2,305,000 $61,000 $240,000
Other Purpose 137 $6,485,000 $47,000 $195,000 $63,000 $521,000
Home Improvement 135 $6,545,000 $48,000 $255,000 $62,000 $237,000
Not Applicable 14 $1,100,000 $78,000 $125,000 $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 1,290 $120,130,000 $93,000 $505,000 $64,000 $862,000
Not Provided 112 $9,970,000 $89,000 $325,000 $58,000 $211,000
Not applicable 106 $13,150,000 $124,000 $2,305,000 $51,000 $71,000
Hispanic 42 $3,420,000 $81,000 $185,000 $56,000 $126,000
Black or African American 21 $1,045,000 $49,000 $105,000 $43,000 $137,000
Asian 12 $3,730,000 $310,000 $635,000 $67,000 $170,000
American Indian or Alaskan Native 5 $335,000 $67,000 $85,000 $49,000 $82,000
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 $105,565,000 $92,000 $2,305,000 $67,000 $862,000
FHA-insured (Federal Housing Administration) 224 $22,780,000 $101,000 $295,000 $53,000 $161,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 136 $12,150,000 $89,000 $195,000 $43,000 $125,000
VA-guaranteed (Veterans Administration) 90 $11,640,000 $129,000 $295,000 $59,000 $124,000

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 884 $85,700,000 $96,000 $805,000 $68,000 $862,000
Application Denied By Financial Institution 317 $25,725,000 $81,000 $635,000 $54,000 $525,000
Application Withdrawn By Applicant 173 $16,635,000 $96,000 $635,000 $62,000 $405,000
Loan Purchased By The Institution 119 $12,215,000 $102,000 $295,000 $50,000 $100,000
File Closed For Incompleteness 59 $6,265,000 $106,000 $635,000 $55,000 $211,000
Application Approved But Not Accepted 32 $4,940,000 $154,000 $2,305,000 $50,000 $100,000
Preapproval Approved but not Accepted 5 $655,000 $131,000 $185,000 $69,000 $106,000
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 1,143 $109,685,000 $95,000 $635,000 $64,000 $521,000
Debt-To-Income Ratio 211 $25,465,000 $120,000 $2,305,000 $67,000 $862,000
Credit History 106 $5,880,000 $55,000 $275,000 $52,000 $184,000
Collateral 59 $5,095,000 $86,000 $355,000 $68,000 $280,000
Credit Application Incomplete 31 $2,605,000 $84,000 $165,000 $49,000 $135,000
Other 22 $2,080,000 $94,000 $355,000 $58,000 $173,000
Unverifiable Information 9 $795,000 $88,000 $165,000 $50,000 $95,000
Insufficient Cash (Downpayment, Closing Cost) 5 $235,000 $47,000 $95,000 $41,000 $118,000
Employment History 3 $295,000 $98,000 $175,000 $48,000 $62,000
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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