Sioux County, NE Mortgage Lenders & HMDA Data, 2008

In 2008, lenders reported 16 mortgage applications in Sioux County, NE totaling $1.8 million, down 24% from 2007. The average application was for $113,000, and applicants reported an average income of $56,000. 69% of applications resulted in an originated loan and 19% were denied. The most active lender was Security First Bank, with 7 applications, followed by Pinnacle Bank - Wyoming and JPMorgan Chase Bank, NA.

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Total Number of Mortgage Applications 16
Total Mortgage Loan Application Amount $1,820,000
Average Mortgage Loan Application Amount $113,000
Highest Mortgage Loan Application Amount $450,000
Average Applicant Income $56,000
Highest Applicant Income $157,000

Mortgage Company List for Lending in Sioux County, NE for 2008

* 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
Security First Bank
5505 RED ROCK LANE
LINCOLN, NE 68516
* $ 516,114,000 7 $ 699,000
Pinnacle Bank - Wyoming
PO BOX 760
CODY, WY 82414
* $ 464,642,000 4 $ 587,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,318,888,000,000 1 $ 140,000
Suntrust Mortgage, Inc
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 175,107,526,000 1 $ 81,000
Valley Bank and Trust
1701 1ST AVENUE
SCOTTSBLUFF, NE 69361
* $ 308,746,000 1 $ 100,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 1 $ 80,000
Pinnacle Mortgage Group, Inc.
3605 SOUTH TELLER ST
LAKEWOOD, CO 80235
* $ 10,000,000 1 $ 133,000

The tables below break down 2008 mortgage applications in Sioux County, NE by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Sioux County, NE in 2008

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 8 $465,000 $58,000 $133,000 $55,000 $112,000
Refinancing 6 $1,051,000 $175,000 $450,000 $25,000 $89,000
Home Improvement 2 $304,000 $152,000 $172,000 $157,000 $157,000

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 12 $816,000 $68,000 $140,000 $47,000 $112,000
Hispanic 3 $554,000 $184,000 $250,000 $111,000 $157,000
Not applicable 1 $450,000 $450,000 $450,000 $0 $0
Not Provided 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 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) 15 $1,687,000 $112,000 $450,000 $57,000 $157,000
FHA-insured (Federal Housing Administration) 1 $133,000 $133,000 $133,000 $46,000 $46,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

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 11 $936,000 $85,000 $250,000 $55,000 $157,000
Application Denied By Financial Institution 3 $664,000 $221,000 $450,000 $52,000 $112,000
Application Withdrawn By Applicant 1 $80,000 $80,000 $80,000 $94,000 $94,000
File Closed For Incompleteness 1 $140,000 $140,000 $140,000 $40,000 $40,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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
Collateral 1 $81,000 $81,000 $81,000 $112,000 $112,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 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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