Silver Bow County, MT Mortgage Lenders & HMDA Data, 2021

In 2021, lenders reported 2,396 mortgage applications in Silver Bow County, MT totaling $460.0 million, up 24% from 2020. The average application was for $191,000, and applicants reported an average income of $89,000. 60% of applications resulted in an originated loan and 12% were denied. The most active lender was Wells Fargo Bank NA, with 359 applications, followed by Glacier Bank and Opportunity Bank of Montana.

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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 2,396
Total Mortgage Loan Application Amount $459,960,000
Average Mortgage Loan Application Amount $191,000
Highest Mortgage Loan Application Amount $2,105,000
Average Applicant Income $89,000
Highest Applicant Income $1,500,000

Mortgage Company List for Lending in Silver Bow County, MT for 2021

* 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
* $ 1,747,398,000,000 359 $ 71,675,000
Glacier Bank
202 MAIN
KALISPELL, MT 59901
* $ 13,673,038,000 244 $ 43,230,000
Opportunity Bank of Montana
1400 PROSPECT AVE
HELENA, MT 59601
* $ 1,039,105,000 185 $ 34,505,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 77 $ 13,145,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 73 $ 13,605,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 66 $ 13,720,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 63 $ 12,275,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 456,025,829,000 60 $ 9,520,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 50 $ 10,750,000
Stockman Bank of Montana
700 MAIN STREET
MILES CITY, MT 59301
* $ 3,986,026,000 46 $ 7,820,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 44 $ 8,240,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 44 $ 10,780,000
Hometown Lenders, Inc.
310 THE BRIDGE STREET, 4TH FLOOR SUITE A
HUNTSVILLE, AL 35806
* $ -1,000 35 $ 7,035,000
Horizon Credit Union
13224 E MANSFIELD AVE
SPOKANE VALLEY, WA 99216
* $ 1,121,213,000 34 $ 3,550,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 32 $ 5,660,000
Mann Financial Inc.
1220 WHITEFISH STAGE ROAD
KALISPELL, MT 59901
* $ -1,000 32 $ 6,890,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 31 $ 5,295,000
First Interstate Bank
PO BOX 30918
BILLINGS, MT 59116
* $ 14,582,546,000 30 $ 7,720,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 29 $ 5,015,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 25 $ 4,635,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 24 $ 4,710,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 23 $ 4,495,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 22 $ 4,320,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 20 $ 4,440,000
First Montana Bank
201 N HIGGINS AVE
MISSOULA, MT 59802
* $ 322,982,000 19 $ 3,925,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 17 $ 3,185,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 98,729,134,000 17 $ 2,105,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,140,778,000,000 16 $ 3,580,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 16 $ 3,250,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 15 $ 3,445,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 14 $ 2,250,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 80,522,766,000 14 $ 3,130,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 90,565,764,000 13 $ 3,865,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 13 $ 2,385,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ -1,000 11 $ 2,335,000
American Pacific Mortgage Corporation
3000 LAVA RIDGE COURT, SUITE 200
ROSEVILLE, CA 95661
* $ -1,000 10 $ 2,290,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 121,995,997,000 10 $ 1,640,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 10 $ 2,080,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 8 $ 1,400,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 8 $ 1,170,000
Universal Lending Corporation
6430 S FIDDLERS GREEN CIR STE 460
GREENWOOD VILLAGE, CO 80111
* $ -1,000 8 $ 1,690,000
Tib, National Association
11701 LUNA ROAD
FARMERS BRANCH, TX 75234
* $ 2,712,795,000 8 $ 1,520,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 8 $ 1,800,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 7 $ 1,175,000
Flanagan State Bank
301 W FALCON HWY
FLANAGAN, IL 61740
* $ 191,043,000 7 $ 1,535,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 464,504,000 7 $ 1,585,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 216,077,000,000 7 $ 1,475,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ -1,000 7 $ 1,535,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 7 $ 1,585,000
Securitynational Mortgage Company
5300 SOUTH 360 WEST
SALT LAKE CITY, UT 84123
* $ -1,000 7 $ 1,515,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,751,524,000,000 7 $ 1,375,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 6 $ 1,170,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ -1,000 6 $ 1,030,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 6 $ 1,020,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 604,528,000 5 $ 1,035,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 5 $ 345,000
Columbia Bank
5885 MEADOWS RD SUITE 400
LAKE OSWEGO, OR 97035
* $ 28,816,687,000 5 $ 405,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 5 $ 575,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 5 $ 705,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 5 $ 895,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 4 $ 830,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 4 $ 1,030,000
Willamette Valley Bank
101 HIGH ST NE
SALEM, OR 97301
* $ 268,938,000 4 $ 640,000
Magnolia Bank
PO BOX 188
HODGENVILLE, KY 42748
* $ 313,272,000 4 $ 1,020,000
Cornerstone Home Lending, Inc.
1177 WEST LOOP SOUTH SUITE 200
HOUSTON, TX 77027
* $ -1,000 4 $ 880,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 4 $ 1,140,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 4 $ 1,360,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 3 $ 795,000
Arvest Bank

TULSA, OK 74103
* $ 19,445,554,000 3 $ 615,000
Washington Trust Bank
717 W SPRAGUE AVE
SPOKANE, WA 99201
* $ 7,151,922,000 3 $ 1,505,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 3 $ 605,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 3 $ 845,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 24,774,361,000 3 $ 665,000
Lendus, LLC
3236 STONE VALLEY ROAD W
ALAMO, CA 94507
* $ -1,000 3 $ 685,000
Mission Loans, LLC

IRVINE, CA 92612
* $ -1,000 3 $ 455,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 3 $ 145,000
Sofi Lending Corp.
375 HEALDSBURG AVENUE, SUITE 280
SACRAMENTO, CA 95448
* $ -1,000 3 $ 605,000
Unify Home Lending Inc.
2101 MT RUSHMORE RD #300
PIERRE, SD 57701
* $ -1,000 3 $ 835,000
Rocky Mountain Bank
2615 KING AVE WEST
BILLINGS, MT 59102
* $ 533,129,000 3 $ 375,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 3 $ 1,445,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 3 $ 395,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 3 $ 855,000
Nbh Bank
7800 EAST ORCHARD ROAD, SUITE 300
GREENWOOD VILLAGE, CO 80011
* $ 5,893,793,000 2 $ 160,000
Ally Bank

CHARLOTTE, NC 28202
* $ 167,492,000,000 2 $ 490,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 2 $ 80,000
Sunflower Bank, N.A.
3025 CORTLAND CIRCLE - PO BOX 800
DALLAS, TX 75225
* $ 4,172,729,000 2 $ 360,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 2,186,056,000 2 $ 380,000
Bay Equity LLC

DETROIT, MI 48226
* $ -1,000 2 $ 390,000
Goprime Mortgage, Inc.
320 N SALEM STREET
APEX, NC 27502
* $ -1,000 2 $ 250,000
Keller Mortgage, LLC

AUSTIN, TX 78746
* $ -1,000 2 $ 390,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,002,264,000 2 $ 110,000
Clearpath Lending
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ -1,000 2 $ 320,000
Summit Funding.Inc
2135 BUTANO DRIVE SUITE 150
SACRAMENTO, CA 95825
* $ -1,000 2 $ 500,000
First Internet Bank of Indiana
11201 USA PARKWAY
FISHERS, IN 46038
* $ 4,097,505,000 2 $ 260,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 2 $ 460,000
Lima One Capital, LLC
201 E. MCBEE AVE, SUITE 300
GREENVILLE, SC 29601
* $ -1,000 2 $ 170,000
Trailwest Bank
PO BOX 9
LOLO, MT 59847
* $ 677,687,000 2 $ 290,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 2 $ 270,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 833,228,000 1 $ 225,000
Secured Investment Corp
701 E FRONT AVE
COEUR D'ALENE, ID 83814
* $ -1,000 1 $ 95,000
Oceanside Mortgage Company
55 MAIN ST
TOMS RIVER, NJ 08753
* $ -1,000 1 $ 115,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 1 $ 65,000
Nationwide Mortgage Bankers, Inc.

MELVILLE, NY 11747
* $ -1,000 1 $ 125,000
Community First National Bank
215 S SETH CHILD RD
MANHATTAN, KS 66502
* $ 292,682,000 1 $ 205,000
Dakota Community Bank & Trust, NA
608 MAIN STREET
HEBRON, ND 58638
* $ 862,614,000 1 $ 105,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 1 $ 225,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 1 $ 255,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,432,105,000 1 $ 135,000
Amcap Mortgage, Ltd.
9999 BELLAIRE BLVD., SUITE 700
AUSTIN, TX 77036
* $ -1,000 1 $ 305,000
Geneva Financial LLC
180 S ARIZONA AVE STE 310
CHANDLER, AZ 85225
* $ -1,000 1 $ 145,000
Renasant Bank

JOHNS CREEK, GA 30097
* $ 13,387,533,000 1 $ 205,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 315,000
Citywide Home Loans, LLC

CHICAGO, IL 60613
* $ -1,000 1 $ 185,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 140,077,697,000 1 $ 235,000
American Internet Mortgage, Inc.
4121 CAMINO DEL RIO SOUTH
SAN DIEGO, CA 92108
* $ -1,000 1 $ 225,000
First Home Bank
9190 SEMINOLE BLVD
SEMINOLE, FL 33772
* $ 531,151,000 1 $ 165,000
Superior Financial Solutions
4230 ELIDA RD
LIMA, OH 45807
* $ -1,000 1 $ 95,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 285,000
Roundpoint Mortgage Servicing LLC
446 WRENPLACE ROAD
FORT MILL, SC 29715
* $ -1,000 1 $ 215,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,384,707,000,000 1 $ 205,000
Canopy Mortgage, LLC
360 TECHNOLOGY COURT STE. 200
LINDON, UT 84003
* $ -1,000 1 $ 375,000
Idaho First Bank
475 E DEINHARD LANE
MCCALL, ID 83638
* $ 220,077,000 1 $ 355,000
Gate City Bank
500 2ND AVE N
FARGO, ND 58102
* $ 2,380,296,000 1 $ 205,000
Bravera Bank
140 1ST AVENUE WEST
DICKINSON, ND 58601
* $ 1,671,850,000 1 $ 315,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 1 $ 155,000
Calcon Mutual Mortgage LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ -1,000 1 $ 75,000
Angel Oak Mortgage Solutions LLC
980 HAMMOND DRIVE, SUITE 850
ATLANTA, GA 30328
* $ -1,000 1 $ 275,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 3,921,403,000 1 $ 95,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 1 $ 165,000
On Q Financial, LLC
4800 SCOTTSDALE RD SUITE 5500
SCOTTSDALE, AZ 85260
* $ -1,000 1 $ 295,000
Visio Financial Services Inc.
1905 KRAMER LN B700
WILMINGTON, DE 78758
* $ -1,000 1 $ 135,000
Wsfs Bank
500 DELAWARE AVENUE
WILMINGTON, DE 19801
* $ 12,223,127,000 1 $ 35,000
Pacific Residential Mortgage, LLC
4949 MEADOWS ROAD SUITE 350
LAKE OSWEGO, OR 97035
* $ -1,000 1 $ 175,000
The Bank of Commerce
3113 SOUTH 25TH EAST
AMMON, ID 83406
* $ 1,283,566,000 1 $ 95,000
Strong Home Mortgage, LLC
9408 GRANT AVENUE SUITE 302
MANASSAS, VA 20110
* $ -1,000 1 $ 285,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 104,052,030,000 1 $ 365,000
Accelerate Mortgage, LLC
750 PRIDES CROSSING #303
NEWARK, DE 19713
* $ -1,000 1 $ 315,000
Unify Financial Federal Credit Union
1899 WESTERN WAY
ALLEN, TX 75013
* $ 3,052,781,000 1 $ 355,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ -1,000 1 $ 135,000
Central State Bank
PO BOX 180
CALERA, AL 35040
* $ 330,753,000 1 $ 305,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 707,275,000 1 $ 205,000
Farmers Bank & Trust
1017 HARRISON
GREAT BEND, KS 67530
* $ 872,778,000 1 $ 105,000
Mountain America Federal Credit Union
7181 SOUTH CAMPUS VIEW DRIVE
SANDY, UT 84091
* $ 9,348,808,000 1 $ 5,000
Altana Federal Credit Union
3212 CENTRAL AVENUE
BILLINGS, MT 59102
* $ 300,000,000 1 $ 645,000
Rock Canyon Bank
215 W 2230 NORTH
PROVO, UT 84604
* $ 507,370,000 1 $ 95,000
Lenderfi, Inc.
23875 VENTURA BLVD SUITE 203B
CALABASAS, CA 91302
* $ -1,000 1 $ 115,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 1 $ 145,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 1 $ 125,000
Agwest Farm Credit, Flca
2001 SOUTH FLINT ROAD
SPOKANE, WA 99224
* $ -1,000 1 $ 175,000

The tables below break down 2021 mortgage applications in Silver Bow County, MT by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Silver Bow County, MT in 2021

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 992 $211,480,000 $213,000 $2,105,000 $90,000 $733,000
Refinancing 640 $115,380,000 $180,000 $545,000 $91,000 $1,500,000
Cash-out Refinancing 631 $118,655,000 $188,000 $565,000 $84,000 $846,000
Home Improvement 62 $5,370,000 $86,000 $255,000 $102,000 $716,000
Other Purpose 58 $7,320,000 $126,000 $1,355,000 $108,000 $1,283,000
Not Applicable 13 $1,755,000 $135,000 $235,000 $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 1,842 $350,150,000 $190,000 $1,125,000 $89,000 $1,283,000
Not Provided 263 $50,365,000 $191,000 $565,000 $94,000 $1,500,000
Not applicable 187 $39,235,000 $209,000 $2,105,000 $85,000 $122,000
Hispanic 49 $8,585,000 $175,000 $455,000 $83,000 $246,000
American Indian or Alaskan Native 30 $5,230,000 $174,000 $385,000 $56,000 $146,000
Asian 13 $3,455,000 $265,000 $535,000 $88,000 $219,000
Black or African American 5 $1,065,000 $213,000 $285,000 $85,000 $127,000
Native Hawaiian or Other Pacific Islander 2 $210,000 $105,000 $125,000 $43,000 $56,000

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) 1,719 $321,175,000 $186,000 $2,105,000 $96,000 $1,500,000
FHA-insured (Federal Housing Administration) 304 $53,930,000 $177,000 $395,000 $54,000 $151,000
VA-guaranteed (Veterans Administration) 275 $68,435,000 $248,000 $855,000 $85,000 $733,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 98 $16,420,000 $167,000 $355,000 $51,000 $89,000

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 1,427 $283,245,000 $198,000 $2,105,000 $93,000 $1,283,000
Application Withdrawn By Applicant 342 $66,330,000 $193,000 $795,000 $96,000 $1,500,000
Application Denied By Financial Institution 293 $49,545,000 $169,000 $515,000 $69,000 $500,000
Loan Purchased By The Institution 178 $34,320,000 $192,000 $565,000 $68,000 $207,000
File Closed For Incompleteness 114 $18,480,000 $162,000 $505,000 $90,000 $904,000
Application Approved But Not Accepted 36 $6,820,000 $189,000 $505,000 $74,000 $296,000
Preapproval Approved but not Accepted 6 $1,220,000 $203,000 $275,000 $93,000 $159,000
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 2,079 $405,465,000 $195,000 $2,105,000 $93,000 $1,500,000
Debt-To-Income Ratio 109 $19,315,000 $177,000 $1,355,000 $48,000 $193,000
Credit History 69 $10,965,000 $158,000 $515,000 $76,000 $227,000
Credit Application Incomplete 46 $8,690,000 $188,000 $495,000 $91,000 $500,000
Other 34 $5,760,000 $169,000 $485,000 $51,000 $112,000
Collateral 33 $5,735,000 $173,000 $425,000 $94,000 $394,000
Unverifiable Information 16 $2,600,000 $162,000 $375,000 $119,000 $498,000
Insufficient Cash (Downpayment, Closing Cost) 6 $1,010,000 $168,000 $295,000 $48,000 $67,000
Employment History 4 $420,000 $105,000 $165,000 $46,000 $98,000
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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