Sequoyah County, OK Mortgage Lenders & HMDA Data, 2023

In 2023, lenders reported 1,366 mortgage applications in Sequoyah County, OK totaling $203.5 million, down 21% from 2022. The average application was for $148,000, and applicants reported an average income of $95,000. 45% of applications resulted in an originated loan and 17% were denied. The most active lender was Firstar Bank, with 199 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 1,366
Total Mortgage Loan Application Amount $203,510,000
Average Mortgage Loan Application Amount $148,000
Highest Mortgage Loan Application Amount $935,000
Average Applicant Income $95,000
Highest Applicant Income $6,275,000

Mortgage Company List for Lending in Sequoyah County, OK for 2023

* 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
* $ 920,605,000 199 $ 32,225,000
Armstrong Bank
1111 W BROADWAY
MUSKOGEE, OK 74401
* $ 2,395,777,000 130 $ 14,700,000
Arvest Bank

TULSA, OK 74103
* $ 26,441,420,000 100 $ 11,400,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 79 $ 13,215,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 64 $ 6,840,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 48 $ 9,920,000
First National Bank of Fort Smith
602 GARRISON AVE
FORT SMITH, AR 72901
* $ 2,203,969,000 47 $ 5,655,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 43 $ 4,765,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 40 $ 4,990,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 39 $ 6,875,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 33 $ 5,125,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 129,461,046,000 25 $ 1,845,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 25 $ 5,335,000
Flat Branch Mortgage, Inc.
101 S. FIFTH STREET, STE 200
COLUMBIA, MO 65201
* $ -1,000 19 $ 3,585,000
United Federal Credit Union
2807 SOUTH STATE ST
ST. JOSEPH, MI 49085
* $ 3,908,828,000 19 $ 2,005,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 18 $ 3,170,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 12 $ 2,720,000
Cadence Bank
P O BOX 789
TUPELO, MS 38804
* $ 48,668,073,000 11 $ 905,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 10 $ 1,920,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 3,601,623,000 10 $ 1,280,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ 3,141,703,000 10 $ 180,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 9 $ 735,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 8 $ 1,470,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,418,508,000,000 8 $ 470,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 47,596,192,000 8 $ 1,710,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 8 $ 340,000
Chickasaw Community Bank
909 S MERIDIAN AVE
OKLAHOMA CITY, OK 73142
* $ 479,101,000 8 $ 1,560,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 8 $ 1,220,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 8 $ 2,100,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 8 $ 1,300,000
Axia Financial LLC
1120 112TH AVE NE STE 600
BELLEVUE, WA 98004
* $ -1,000 7 $ 1,685,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 6 $ 1,040,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 546,228,000,000 6 $ 940,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 6 $ 830,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 6 $ 1,180,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 6 $ 1,260,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 6 $ 1,180,000
Bancfirst
101 NORTH BROADWAY AVENUE
OKLAHOMA CITY, OK 73102
* $ 10,406,351,000 6 $ 1,100,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ -1,000 6 $ 1,050,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 5 $ 745,000
Arkansas Federal Credit Union
17500 CANTRELL
LITTLE ROCK, AR 72223
* $ 2,199,145,000 5 $ 295,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 2,040,399,000 5 $ 805,000
Flagstar Bank NA

TROY, MI 49098
* $ 90,036,656,000 5 $ 685,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 5 $ 895,000
Citizens Bank & Trust Company
PO BOX 469
VAN BUREN, AR 72956
* $ 530,554,000 5 $ 605,000
Mortgage Clearing Corporation
5612 S LEWIS
TULSA, OK 74105
* $ -1,000 5 $ 1,025,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 5 $ 1,005,000
First Financial Bank
214 N WASHINGTON STREET
EL DORADO, AR 71730
* $ 1,436,326,000 5 $ 1,095,000
Firsttrust Home Loans
906 SOUTH ROCK ST.
SHERIDAN, AR 72150
* $ -1,000 4 $ 560,000
Ttcu Federal Credit Union
9815 E 81ST ST
TULSA, OK 74133
* $ 2,684,022,000 4 $ 1,190,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 552,307,127,000 4 $ 290,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 4 $ 420,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 200,262,969,000 4 $ 1,150,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,717,531,000,000 4 $ 720,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 4 $ 450,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 110,900,000,000 3 $ 685,000
Csl Financial, LLC
500 OFFICE PARK DRIVE SUITE 310
BIRMINGHAM, AL 35223
* $ -1,000 3 $ 295,000
Calcon Mutual Mortgage LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ -1,000 3 $ 825,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 3 $ 385,000
United Fidelity Funding Corp.
1300 NW BRIARCLIFF PKWY SUITE 275
JEFFERSON CITY, MO 64150
* $ -1,000 3 $ 605,000
Chambers Bank
901 MAIN STREET
DANVILLE, AR 72833
* $ 1,272,197,000 3 $ 735,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 3 $ 405,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 34,681,050,000 3 $ 145,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 3 $ 305,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 3 $ 845,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 3 $ 475,000
Cornerstone Capital Bank, SSB
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ 1,991,593,000 2 $ 440,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 441,843,000 2 $ 320,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 2 $ 190,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 2 $ 320,000
Leader Bank NA
141 MASSACHUSETTS AVENUE
ARLINGTON, MA 02474
* $ 3,907,360,000 2 $ 220,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 3,765,608,000 2 $ 330,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 2 $ 640,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 2 $ 410,000
United Built Homes, LLC
8500 LINE AVE
SHREVEPORT, LA 71106
* $ -1,000 2 $ 340,000
Tinker Federal Credit Union
4140 W I-40
OKLAHOMA CITY, OK 73108
* $ 6,032,105,000 2 $ 70,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 2 $ 280,000
Oklahoma's Credit Union
PO BOX 24027
OKLAHOMA CITY, OK 73124
* $ 780,587,000 2 $ 100,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 2 $ 280,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 2 $ 320,000
American Bank of Oklahoma
200 E MAIN, P.O. BOX 66
COLLINSVILLE, OK 74021
* $ 353,552,000 2 $ 520,000
Liberty Home Mortgage Corp
4401 ROCKSIDE RD 310
INDEPENDENCE, OH 44131
* $ -1,000 2 $ 360,000
First United Bank and Trust Co
PO BOX 130
DURANT, OK 74702
* $ 14,547,035,000 2 $ 250,000
First Western Mortgage
80 W MAIN ST
BOONEVILLE, AR 72927
* $ -1,000 2 $ 370,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 2 $ 240,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 1,054,618,000 2 $ 300,000
Old National Bank
ONE MAIN STREET
EVANSVILLE, IN 47708
* $ 46,490,438,000 1 $ 425,000
A+ Federal Credit Union
6420 US HWY 290 EAST
AUSTIN, TX 78723
* $ 2,725,398,000 1 $ 75,000
Orchard Mortgage, LLC
8900 BUSINESS PARK DR
AUSTIN, TX 78705
* $ -1,000 1 $ 55,000
V.I.P. Mortgage, Inc.
9221 E VIA DE VENTURA
SCOTTSDALE, AZ 85258
* $ -1,000 1 $ 145,000
Axos Bank
4350 LA JOLLA VILLAGE DR SUITE 140
SAN DIEGO, CA 92122
* $ 17,893,084,000 1 $ 255,000
Great Plains National Bank
5909 NW EXPRESSWAY
ELK CITY, OK 73644
* $ 1,458,130,000 1 $ 275,000
First Bank and Trust Co
PO BOX 580
DUNCAN, OK 73533
* $ 824,264,000 1 $ 685,000
Sente Mortgage, Inc.
4520 BURNET ROAD
AUSTIN, TX 78756
* $ -1,000 1 $ 315,000
Communication Federal Credit Union
4141 NW EXPRESSWAY, SUITE 200
OKLAHOMA CITY, OK 73116
* $ 1,956,034,000 1 $ 65,000
Premier Mortgage Resources, LLC
3363 E PRESIDENTIAL DR STE 200
MERIDIAN, ID 83646
* $ -1,000 1 $ 235,000
Ocmbc, Inc.
19000 MACARTHUR BLVD, SUITE 200
IRVINE, CA 92612
* $ -1,000 1 $ 195,000
The Farmers & Merchants Bank
708 S MAIN ST
STUTTGART, AR 72160
* $ 1,713,639,000 1 $ 125,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 1 $ 135,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 1 $ 295,000
Homexpress Mortgage Corp.
1936 E DEERE AVE SUITE 200
SANTA ANA, CA 92705
* $ -1,000 1 $ 135,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 780,976,000 1 $ 245,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 1 $ 275,000
The Stock Exchange Bank
103 S MAIN ST
CALDWELL, KS 67022
* $ 74,952,000 1 $ 295,000
Amcap Mortgage, Ltd.
9999 BELLAIRE BLVD., SUITE 700
AUSTIN, TX 77036
* $ -1,000 1 $ 105,000
Nqm Funding, LLC
E, 4800 N FEDERAL HWY #200
BOCA RATON, FL 33431
* $ -1,000 1 $ 195,000
On Q Financial, LLC
4800 SCOTTSDALE RD SUITE 5500
SCOTTSDALE, AZ 85260
* $ -1,000 1 $ 395,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 1 $ 275,000
Gershman Investment Corp.
16253 SWINGLEY RIDGE ROAD, SUITE 400
CHESTERFIELD, MO 63017
* $ -1,000 1 $ 185,000
NFM, Inc
1190 WINTERSON ROAD, SUITE 300
LINTHICUM, MD 21090
* $ -1,000 1 $ 175,000
Oklahoma Educators Credit Union
4001 NW EXPRESSWAY
OKLAHOMA CITY, OK 73116
* $ 253,800,000 1 $ 175,000
Real Genius LLC
1625 S CONGRESS AVE STE 190
DELRAY BEACH, FL 33445
* $ -1,000 1 $ 125,000
Sfmc, LP
5408 W PLANO PKWY
PLANO, TX 75093
* $ -1,000 1 $ 195,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ -1,000 1 $ 115,000
Citizens Equity First Credit U
5401 W DIRKSEN PKWY
PEORIA, IL 61607
* $ 7,677,655,000 1 $ 445,000
Associated Mortgage Corporation
6911 SOUTH 66TH EAST AVENUE SUITE 100
TULSA, OK 74136
* $ -1,000 1 $ 205,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 185,000
Logan Finance Corporation
1393 VETERANS MEMORIAL HIGHWAY HAUPPAUGE
HAUPPAUGE, NY 11788
* $ -1,000 1 $ 255,000
Michigan Mutual, Inc
911 MILITARY STREET
PORT HURON, MI 48060
* $ -1,000 1 $ 215,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 275,000
Community Bank
P.O. BOX 1020
BRISTOW, OK 74010
* $ 112,176,000 1 $ 245,000
Countryplace Mortgage, Ltd.

PLANO, TX 75024
* $ -1,000 1 $ 145,000
Mann Financial Inc.
1220 WHITEFISH STAGE ROAD
KALISPELL, MT 59901
* $ -1,000 1 $ 265,000
Payne County Bank
202 SOUTH MAIN STREET
PERKINS, OK 74059
* $ 222,304,000 1 $ 75,000
Crossfirst Bank

CHAMPAIGN, IL 61820
* $ 6,596,702,000 1 $ 855,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 35,526,360,000 1 $ 95,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 75,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 1 $ 195,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ 3,078,918,000 1 $ 145,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 335,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 1 $ 55,000
Atlanta Postal Credit Union
1605 BOGGS ROAD
ATLANTA, GA 30354
* $ 2,508,761,000 1 $ 85,000
Empeople Credit Union
3950 38TH AVENUE
MOLINE, IL 61265
* $ 1,991,835,000 1 $ 125,000
Mortgage Investment Services Corporation
22316 MIDLAND DRIVE
SHAWNEE, KS 66226
* $ -1,000 1 $ 125,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 75,000
Farmers Bank & Trust
1017 HARRISON
GREAT BEND, KS 67530
* $ 977,048,000 1 $ 225,000
Bank Ozk
PO BOX 8811
LITTLE ROCK, AR 72231
* $ 27,656,568,000 1 $ 25,000
Das Acquisition Company, LLC
12140 WOODCREST EXECUTIVE DRIVE, STE 150
SAINT LOUIS, MO 63141
* $ -1,000 1 $ 255,000
Westreet Federal Credit Union
9323 E.21ST STREET
TULSA, OK 74129
* $ 953,796,000 1 $ 25,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 4,554,611,000 1 $ 75,000
Go Mortgage, LLC

COLUMBUS, OH 43219
* $ -1,000 1 $ 5,000
Weokie Federal Credit Union
8100 W RENO
OKLAHOMA CITY, OK 73127
* $ 1,505,720,000 1 $ 45,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 1 $ 135,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 45,000
Deephaven Mortgage LLC
3530 TORINGDON WAY #200
CHARLOTTE, NC 28277
* $ -1,000 1 $ 145,000

The tables below break down 2023 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 2023

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 806 $125,630,000 $155,000 $935,000 $86,000 $1,800,000
Refinancing 178 $36,570,000 $205,000 $685,000 $103,000 $937,000
Cash-out Refinancing 156 $25,520,000 $163,000 $515,000 $75,000 $245,000
Home Improvement 111 $7,175,000 $64,000 $375,000 $88,000 $367,000
Other Purpose 111 $8,405,000 $75,000 $725,000 $168,000 $6,275,000
Not Applicable 4 $210,000 $52,000 $115,000 $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 759 $110,085,000 $145,000 $935,000 $96,000 $6,275,000
American Indian or Alaskan Native 239 $31,735,000 $132,000 $725,000 $98,000 $1,647,000
Not applicable 197 $35,115,000 $178,000 $655,000 $80,000 $104,000
Not Provided 89 $13,465,000 $151,000 $575,000 $81,000 $270,000
Hispanic 45 $5,955,000 $132,000 $585,000 $74,000 $240,000
Asian 17 $3,485,000 $205,000 $445,000 $113,000 $209,000
Black or African American 16 $3,060,000 $191,000 $445,000 $91,000 $159,000
Native Hawaiian or Other Pacific Islander 2 $320,000 $160,000 $285,000 $150,000 $219,000

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) 854 $109,990,000 $128,000 $935,000 $104,000 $6,275,000
FHA-insured (Federal Housing Administration) 270 $47,490,000 $175,000 $485,000 $72,000 $230,000
VA-guaranteed (Veterans Administration) 165 $34,015,000 $206,000 $575,000 $87,000 $484,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 77 $12,015,000 $156,000 $265,000 $65,000 $112,000

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 616 $94,030,000 $152,000 $855,000 $106,000 $6,275,000
Application Denied By Financial Institution 234 $26,210,000 $112,000 $485,000 $75,000 $1,800,000
Loan Purchased By The Institution 203 $38,105,000 $187,000 $725,000 $140,000 $1,647,000
Application Withdrawn By Applicant 167 $24,845,000 $148,000 $655,000 $78,000 $254,000
File Closed For Incompleteness 84 $12,170,000 $144,000 $535,000 $90,000 $1,052,000
Application Approved But Not Accepted 61 $7,885,000 $129,000 $935,000 $91,000 $312,000
Preapproval Denied by Financial Institution 1 $265,000 $265,000 $265,000 $47,000 $47,000
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
Not applicable 1,122 $174,570,000 $155,000 $935,000 $98,000 $6,275,000
Credit History 108 $10,680,000 $98,000 $445,000 $81,000 $1,800,000
Debt-To-Income Ratio 74 $10,440,000 $141,000 $855,000 $76,000 $937,000
Collateral 24 $3,330,000 $138,000 $485,000 $86,000 $228,000
Credit Application Incomplete 14 $1,560,000 $111,000 $275,000 $69,000 $171,000
Unverifiable Information 13 $1,475,000 $113,000 $205,000 $79,000 $204,000
Other 7 $715,000 $102,000 $195,000 $96,000 $275,000
Employment History 2 $420,000 $210,000 $255,000 $149,000 $169,000
Insufficient Cash (Downpayment, Closing Cost) 2 $320,000 $160,000 $205,000 $60,000 $65,000
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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