Sequoyah County, OK Mortgage Lenders & HMDA Data, 2018

In 2018, lenders reported 1,442 mortgage applications in Sequoyah County, OK totaling $163.4 million, down 1% from 2017. The average application was for $113,000, and applicants reported an average income of $67,000. 48% of applications resulted in an originated loan and 18% were denied. The most active lender was Firstar Bank, with 187 applications, followed by Armstrong Bank and Arvest 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 1,442
Total Mortgage Loan Application Amount $163,400,000
Average Mortgage Loan Application Amount $113,000
Highest Mortgage Loan Application Amount $1,915,000
Average Applicant Income $67,000
Highest Applicant Income $465,000

Mortgage Company List for Lending in Sequoyah County, OK 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
Firstar Bank
1720 E CHEROKEE AVE
SALLISAW, OK 74955
* $ 572,657,000 187 $ 20,485,000
Armstrong Bank
1111 W BROADWAY
MUSKOGEE, OK 74401
* $ 945,025,000 142 $ 11,890,000
Arvest Bank

TULSA, OK 74103
* $ 16,758,528,000 99 $ 9,005,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 68 $ 8,930,000
First National Bank of Fort Smith
602 GARRISON AVE
FORT SMITH, AR 72901
* $ 1,306,749,000 68 $ 6,260,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 60 $ 3,890,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 44 $ 3,210,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 31 $ 3,295,000
United Federal Credit Union
2807 SOUTH STATE ST
ST. JOSEPH, MI 49085
* $ 2,602,670,000 30 $ 2,510,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ -1,000 28 $ 4,030,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,747,398,000,000 27 $ 3,415,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 27 $ 3,335,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 25 $ 2,165,000
Cornerstone Home Lending, Inc.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ -1,000 21 $ 3,595,000
Gateway Mortgage Group, LLC
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ -1,000 20 $ 3,000,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 20 $ 1,450,000
Cadence Bank
P O BOX 789
TUPELO, MS 38804
* $ 15,308,454,000 18 $ 3,420,000
Chickasaw Community Bank
909 S MERIDIAN AVE
OKLAHOMA CITY, OK 73142
* $ 133,225,000 18 $ 1,610,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 17 $ 1,065,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 17 $ 1,785,000
Suntrust Banks, Inc.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 201,637,519,000 17 $ 1,825,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 32,217,466,000 14 $ 2,100,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 14 $ 2,180,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 13 $ 2,065,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 12 $ 1,300,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 98,729,134,000 11 $ 535,000
First Financial Bank
214 N WASHINGTON STREET
EL DORADO, AR 71730
* $ 914,666,000 10 $ 1,790,000
United Built Homes, LLC
8500 LINE AVE
SHREVEPORT, LA 71106
* $ -1,000 10 $ 1,610,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 10 $ 1,950,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 9 $ 965,000
Citizens Bank & Trust Company
PO BOX 469
VAN BUREN, AR 72956
* $ 396,754,000 9 $ 1,275,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ -1,000 9 $ 825,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 9 $ 1,295,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 123,325,220,000 8 $ 650,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 8 $ 1,060,000
SWBC Mortgage Corporation
9311 SAN PEDRO AVENUE STE 100
SAN ANTONIO, TX 78216
* $ -1,000 8 $ 830,000
Centennial Bank
PO BOX 966
ARKANSAS, AR 72033
* $ 14,440,346,000 8 $ 900,000
Simmons Bank
501 MAIN
PINE BLUFF, AR 71601
* $ 9,380,854,000 8 $ 2,440,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 14,726,156,000 7 $ 425,000
Bridgeview Bank Group
7940 S HARLEM
BRIDGEVIEW, IL 60455
* $ 1,175,351,000 7 $ 1,475,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 7 $ 625,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 7 $ 865,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 6 $ 520,000
Bancfirst
101 NORTH BROADWAY AVENUE
OKLAHOMA CITY, OK 73102
* $ 7,236,903,000 6 $ 680,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 6 $ 1,070,000
Mortgage Clearing Corporation
5612 S LEWIS
TULSA, OK 74105
* $ -1,000 6 $ 1,530,000
First United Bank and Trust Company
PO BOX 130
DURANT, OK 74702
* $ 6,286,552,000 5 $ 625,000
Csl Financial, LLC
500 OFFICE PARK DRIVE SUITE 310
BIRMINGHAM, AL 35223
* $ -1,000 5 $ 305,000
Oklahoma's Credit Union
PO BOX 24027
OKLAHOMA CITY, OK 73124
* $ 506,990,000 5 $ 475,000
Gmfs, LLC
7389 FLORIDA BLVD, STE 200-A
BATON ROUGE, LA 70806
* $ -1,000 5 $ 575,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 5 $ 525,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,934,629,000 5 $ 365,000
Firsttrust Home Loans
906 SOUTH ROCK ST.
SHERIDAN, AR 72150
* $ -1,000 5 $ 585,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 631,522,000 5 $ 525,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,696,742,000 4 $ 390,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 4 $ 430,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 4 $ 770,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 3 $ 425,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 3 $ 695,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 3 $ 255,000
The Central National Bank of Poteau
P.O. BOX 340
POTEAU, OK 74953
* $ 238,163,000 3 $ 185,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 3 $ 275,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ -1,000 3 $ 315,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 3 $ 145,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 264,496,000 3 $ 75,000
Bank Ozk
PO BOX 8811
LITTLE ROCK, AR 72231
* $ 21,275,647,000 3 $ 215,000
First Western Mortgage
80 W MAIN ST
BOONEVILLE, AR 72927
* $ -1,000 3 $ 385,000
Rcb Bank
PO BOX 189
CLAREMORE, OK 74018
* $ 2,794,779,000 3 $ 995,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 2 $ 10,000
First National Bank
400 EAST FIRST STREET
HEAVENER, OK 74937
* $ 81,511,000 2 $ 680,000
American Airlines Federal Cred
4151 AMON CARTER BLVD
FORT WORTH, TX 76155
* $ 6,681,526,000 2 $ 160,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 2 $ 260,000
Financial Concpepts Mortgage
2949 S BRYANT
EDMOND, OK 73013
* $ -1,000 2 $ 700,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,384,707,000,000 2 $ 90,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 2 $ 470,000
Sunflower Bank, N.A.
3025 CORTLAND CIRCLE - PO BOX 800
DALLAS, TX 75225
* $ 3,678,712,000 2 $ 300,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 2 $ 220,000
Great Plains National Bank
5909 NW EXPRESSWAY
ELK CITY, OK 73644
* $ 629,025,000 2 $ 310,000
Grand Savings Bank
P O BOX 451809, 1022 SOUTH MAIN
GROVE, OK 74344
* $ 425,077,000 2 $ 1,700,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 2 $ 190,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 240,467,000 2 $ 280,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 2 $ 210,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 89,765,667,000 2 $ 190,000
American Bank of Oklahoma
200 E MAIN, P.O. BOX 66
COLLINSVILLE, OK 74021
* $ 264,202,000 2 $ 260,000
Armed Forces Bank, N.A.
320 KANSAS AVENUE
FORT LEAVENWORTH, KS 66027
* $ 1,069,790,000 2 $ 250,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 2 $ 530,000
Allegiance Federal Credit Union
4235 N MERIDIAN AVE
OKLAHOMA CITY, OK 73112
* $ 255,622,000 2 $ 120,000
Westreet Federal Credit Union
9323 E.21ST STREET
TULSA, OK 74129
* $ 735,556,000 2 $ 70,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 2 $ 410,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 2 $ 210,000
US Mortgage Corporation
201 OLD COUNTRY ROAD
MELVILLE, NY 11747
* $ -1,000 2 $ 190,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,002,887,000 2 $ 150,000
Citizens Equity First Credit U
5401 W DIRKSEN PKWY
PEORIA, IL 61607
* $ 5,811,215,000 1 $ 75,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 316,352,000 1 $ 245,000
Valliance Bank
1601 NORTHWEST EXPRESSWAY
OKLAHOMA CITY, OK 73118
* $ 413,885,000 1 $ 85,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 1 $ 265,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 1 $ 215,000
Mutual of Omaha Bank
3333 FARNAM ST
OMAHA, NE 68131
* $ 8,144,695,000 1 $ 195,000
Reverse Mortgage Funding LLC
1455 BROAD ST., 2ND FL
BLOOMFIELD, NJ 07003
* $ -1,000 1 $ 55,000
Cornerstone Bank
P. O. BOX 169
WATONGA, OK 73772
* $ 193,007,000 1 $ 405,000
Equity Bank
7701 E KELLOGG STE 100
WICHITA, KS 67207
* $ 3,172,341,000 1 $ 125,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ -1,000 1 $ 65,000
Finance of America Commercial LLC
6230 FAIRVIEW ROAD, SUITE 300
CHARLOTTE, NC 28210
* $ -1,000 1 $ 65,000
Generations Bank
1325 HWY 278 BYPASS
ROGERS, AR 72758
* $ 465,161,000 1 $ 25,000
Sooner State Bank
10301 N MAY AVE
OKLAHOMA CITY, OK 73120
* $ 202,202,000 1 $ 55,000
True Sky Federal Credit Union
P.O. BOX 26406
OKLAHOMA CITY, OK 73126
* $ 579,249,000 1 $ 45,000
Forbright Bank
6701 DEMOCRACY BLVD, SUITE 400
CHEVY CHASE, MD 20815
* $ 955,028,000 1 $ 155,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ -1,000 1 $ 115,000
The Community State Bank
PO BOX 769
POTEAU, OK 74953
* $ 253,908,000 1 $ 75,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 135,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 1 $ 85,000
Flat Branch Mortgage, Inc.
101 S. FIFTH STREET, STE 200
COLUMBIA, MO 65201
* $ -1,000 1 $ 95,000
Bankunited, National Association
7815 NW 148TH STREET
MIAMI LAKES, FL 33016
* $ 30,280,467,000 1 $ 125,000
Semper Home Loans, Inc
225 DUPONT DRIVE
PROVIDENCE, RI 02907
* $ -1,000 1 $ 125,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ -1,000 1 $ 275,000
Apex Bank
102 E MAIN ST
CAMDEN, TN 38320
* $ 524,869,000 1 $ 35,000
Mortgage Investment Services Corporation
22316 MIDLAND DRIVE
SHAWNEE, KS 66226
* $ -1,000 1 $ 125,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ -1,000 1 $ 95,000
Great Western Financial Services, Inc.
5408 W PLANO PKWY
PLANO, TX 75093
* $ -1,000 1 $ 105,000
Arc Home LLC

MOORESTOWN, NJ 08057
* $ -1,000 1 $ 65,000
State Departmenet Federal Credit Union
1630 KING STREET
ALEXANDRIA, VA 22314
* $ 1,897,908,000 1 $ 105,000
Chambers Bank
901 MAIN STREET
DANVILLE, AR 72833
* $ 765,505,000 1 $ 1,915,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 1 $ 55,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 1 $ 235,000
Chou Team Realty, LLC
25391 COMMERCENTRE DRIVE
LAKE FOREST, CA 92630
* $ -1,000 1 $ 165,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 1 $ 65,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ -1,000 1 $ 195,000
Florida Capital Bank, N.A
10151 DEERWOOD PARK BLVD. BLDG. 100 #200
JACKSONVILLE, FL 32256
* $ 417,436,000 1 $ 185,000
Lenderlive Network, LLC
710 S ASH
GLENDALE, CO 80246
* $ -1,000 1 $ 65,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 185,000
One Reverse Mortgage, LLC
4445 EASTGATE MALL, SUITE 320
SAN DIEGO, CA 92121
* $ -1,000 1 $ 85,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 192,687,000 1 $ 155,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 115,000
Mabrey Bank
P O BOX 130
BIXBY, OK 74008
* $ 988,270,000 1 $ 215,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 363,702,000 1 $ 345,000
First Fidelity Bank
5100 N CLASSEN BLVD SUITE 500
OKLAHOMA CITY, OK 73118
* $ 1,558,657,000 1 $ 95,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 1 $ 135,000
Oklahoma Central Credit Union
4956 SOUTH PEORIA AVENUE
4956 S. PEORIA AVE, OK 74105
* $ 539,488,000 1 $ 55,000
Bank7
1039 N.W. 63RD ST
OKLAHOMA CITY, OK 73116
* $ 702,648,000 1 $ 185,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 125,000
United Bank
225 ASYLUM ST
HARTFORD, CT 06103
* $ 7,112,603,000 1 $ 65,000
Howard Bank
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 1,150,216,000 1 $ 75,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 34,298,273,000 1 $ 115,000
Cendera Funding Inc.
3600 BENBROOK HWY
FORT WORTH, TX 76116
* $ -1,000 1 $ 105,000
Energy One Federal Credit Union
6100 S YALE AVE, SUITE 100
TULSA, OK 74136
* $ 229,456,000 1 $ 165,000
Communication Federal Credit Union
4141 NW EXPRESSWAY, SUITE 200
OKLAHOMA CITY, OK 73116
* $ 1,143,613,000 1 $ 145,000
American Mortgage Bank
3401 NW 63RD SUITE 620
OKLAHOMA CITY, OK 73116
* $ -1,000 1 $ 135,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ -1,000 1 $ 105,000

The tables below break down 2018 mortgage applications in Sequoyah County, OK by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Sequoyah County, OK 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 819 $91,515,000 $111,000 $515,000 $66,000 $442,000
Refinancing 286 $38,390,000 $134,000 $1,915,000 $67,000 $391,000
Cash-out Refinancing 187 $24,765,000 $132,000 $455,000 $67,000 $292,000
Home Improvement 63 $3,325,000 $52,000 $445,000 $79,000 $465,000
Other Purpose 59 $2,925,000 $49,000 $125,000 $70,000 $292,000
Not Applicable 28 $2,480,000 $88,000 $265,000 $96,000 $175,000

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 831 $88,655,000 $106,000 $605,000 $68,000 $442,000
Not applicable 295 $42,025,000 $142,000 $1,915,000 $71,000 $236,000
American Indian or Alaskan Native 191 $20,335,000 $106,000 $515,000 $68,000 $465,000
Not Provided 73 $7,405,000 $101,000 $265,000 $58,000 $201,000
Hispanic 26 $2,160,000 $83,000 $245,000 $49,000 $94,000
Black or African American 19 $2,005,000 $105,000 $295,000 $69,000 $184,000
Native Hawaiian or Other Pacific Islander 3 $375,000 $125,000 $205,000 $55,000 $77,000
Asian 3 $385,000 $128,000 $275,000 $85,000 $118,000

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) 912 $97,700,000 $107,000 $1,915,000 $71,000 $465,000
FHA-insured (Federal Housing Administration) 235 $26,515,000 $112,000 $295,000 $58,000 $235,000
VA-guaranteed (Veterans Administration) 174 $27,050,000 $155,000 $415,000 $68,000 $292,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 121 $12,135,000 $100,000 $175,000 $43,000 $84,000

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 686 $83,120,000 $121,000 $1,915,000 $71,000 $442,000
Loan Purchased By The Institution 268 $34,890,000 $130,000 $455,000 $73,000 $236,000
Application Denied By Financial Institution 260 $21,480,000 $82,000 $415,000 $56,000 $465,000
Application Withdrawn By Applicant 127 $13,895,000 $109,000 $405,000 $68,000 $310,000
File Closed For Incompleteness 60 $5,970,000 $99,000 $385,000 $56,000 $134,000
Application Approved But Not Accepted 41 $4,045,000 $98,000 $275,000 $67,000 $292,000
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
Not applicable 1,164 $135,990,000 $116,000 $1,455,000 $69,000 $401,000
Credit History 120 $8,770,000 $73,000 $415,000 $56,000 $465,000
Debt-To-Income Ratio 73 $10,615,000 $145,000 $1,915,000 $60,000 $442,000
Collateral 25 $2,215,000 $88,000 $225,000 $68,000 $160,000
Credit Application Incomplete 24 $2,890,000 $120,000 $365,000 $85,000 $375,000
Unverifiable Information 16 $1,610,000 $100,000 $215,000 $58,000 $138,000
Other 11 $795,000 $72,000 $135,000 $50,000 $96,000
Insufficient Cash (Downpayment, Closing Cost) 7 $335,000 $47,000 $85,000 $36,000 $95,000
Employment History 2 $180,000 $90,000 $95,000 $23,000 $23,000
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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