Steele County, MN Mortgage Lenders & HMDA Data, 2015

In 2015, lenders reported 1,565 mortgage applications in Steele County, MN totaling $216.3 million, up 18% from 2014. The average application was for $138,000, and applicants reported an average income of $64,000. 57% of applications resulted in an originated loan and 14% were denied. The most active lender was Wells Fargo Bank NA, with 290 applications, followed by Luminate Home Loans, Inc. and US Bank, N.A..

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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 1,565
Total Mortgage Loan Application Amount $216,348,000
Average Mortgage Loan Application Amount $138,000
Highest Mortgage Loan Application Amount $1,392,000
Average Applicant Income $64,000
Highest Applicant Income $1,500,000

Mortgage Company List for Lending in Steele County, MN for 2015

* 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
* $ 1,532,784,000,000 290 $ 38,251,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ 4,028,990,000 134 $ 20,668,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 398,978,359,000 123 $ 14,339,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,074,981,000,000 75 $ 10,706,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ 35,475,880,000 62 $ 8,166,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 37 $ 5,391,000
Profinium, Inc.
105 LAKE AVE. PO BOX 848
FAIRMONT, MN 56031
* $ 323,382,000 36 $ 3,715,000
Bremer Bank, NA
372 ST. PETER STREET
ST. PAUL, MN 55102
* $ 9,158,286,000 35 $ 5,077,000
United Prairie Bank
10 FIRESTONE DRIVE, SUITE 300
MANKATO, MN 56001
* $ 581,061,000 35 $ 6,623,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 32 $ 4,848,000
Ditech Financial LLC
1100 VIRGINIA DRIVE, SUITE 100
FORT WASHINGTON, PA 19034
* $ 6,260,444,000 32 $ 4,706,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 31 $ 4,854,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,680,579,000 27 $ 3,941,000
Wells Federal Bank
53 1ST ST SW
WELLS, MN 56097
* $ 251,521,000 24 $ 2,226,000
Home Federal Savings Bank
1016 CIVIC CENTER DR NW
ROCHESTER, MN 55901
* $ 576,143,000 21 $ 3,014,000
Compeer Financial
2600 JENNY WREN TRAIL
SUN PRAIRIE, WI 53590
* $ 10,000,000 19 $ 3,072,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 19 $ 2,628,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 17 $ 2,393,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ 10,000,000 16 $ 2,050,000
Flagstar Bank
5151 CORPORATE DRIVE
TROY, MI 48098
* $ 9,779,461,000 16 $ 2,160,000
Merchants Bank, National Association
102 EAST THIRD STREET
WINONA, MN 55987
* $ 1,518,754,000 15 $ 1,944,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 15 $ 2,404,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,356,442,000,000 15 $ 1,763,000
Affinity Plus Federal Credit Union
175 WEST LAFAYETTE FRONTAGE ROAD
SAINT PAUL, MN 55107
* $ 1,703,826,000 13 $ 1,334,000
Think Mutual Bank
5200 MEMBERS PARKWAY NW
ROCHESTER, MN 55901
* $ 1,482,812,000 13 $ 2,193,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 12 $ 2,069,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 12 $ 1,883,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,685,931,000 12 $ 1,676,000
Associated Bank NA
200 NORTH ADAMS STREET
GREEN BAY, WI 54301
* $ 26,653,631,000 11 $ 1,520,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 10 $ 1,273,000
Hometown Bank
1000 EAST COOK STREET
REDWOOD FALLS, MN 56283
* $ 233,465,000 10 $ 1,549,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 10 $ 364,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 10 $ 1,250,000
Homeservices Lending, LLC
2700 WESTOWN PARKWAY, SUITE 345
WEST DES MOINES, IA 50266
* $ 25,000,000 9 $ 1,287,000
Roundbank
200 SECOND STREET NE, PO BOX 667
WASECA, MN 56093
* $ 295,254,000 9 $ 1,255,000
Rescue Mortgage Inc
10740 LYNDALE AVE S, SUITE 19E
BLOOMINGTON, MN 55420
* $ 1,507,000 8 $ 975,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 8 $ 667,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 8 $ 1,515,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 7 $ 1,436,000
Mortgages Unlimited Inc.
7365 KIRKWOOD COURT NORTH SUITE 300
MAPLE GROVE, MN 55113
* $ 1,518,000 7 $ 1,014,000
Cambria Financial Group
11000 W 78TH STREET, SUITE 300
EDEN PRAIRIE, MN 55344
* $ 7,380,000 7 $ 1,291,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,574,093,000,000 7 $ 1,713,000
Marketplace Home Mortgage, LLC
7380 FRANCE AVE S, STE 200
EDINA, MN 55435
* $ 34,593,007,000 7 $ 1,016,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 6 $ 1,054,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,071,910,000 5 $ 841,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 5 $ 656,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 5 $ 722,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 185,888,583,000 5 $ 619,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 4 $ 518,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 4 $ 686,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 67,301,894,000 4 $ 611,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 97,496,905,000 4 $ 522,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 4 $ 406,000
Frandsen Bank & Trust
116 CENTRAL STREET WEST
LONSDALE, MN 55046
* $ 1,576,587,000 4 $ 328,000
Community Bank Mankato
300 ST ANDREWS DR
VERNON CENTER, MN 56090
* $ 225,951,000 4 $ 599,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 972,551,000 4 $ 433,000
First State Bank of Red Wing, the
3209 SOUTH SERVICE DRIVE
RED WING, MN 55066
* $ 75,184,000 4 $ 383,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 16,808,214,000 3 $ 204,000
Bell Bank
3100 13TH AVE S
FARGO, ND 58103
* $ 3,271,040,000 3 $ 380,000
Truhome Solutions, L.L.C.
9601 LEGLER RD
LENEXA, KS 66219
* $ 1,900,000,000 3 $ 362,000
Discover Home Loans, Inc
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 83,125,845,000 3 $ 371,000
Premia Mortgage, LLC

CHICAGO, IL 60613
* $ 608,779,509,000 3 $ 538,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 63,635,411,000 3 $ 230,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ 52,388,000 3 $ 389,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ 10,000,000 3 $ 468,000
Farmers State Bank
181 MAIN ST
WEST CONCORD, MN 55985
* $ 47,114,000 3 $ 349,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 161,483,000 3 $ 345,000
Citizens State Bank of Hayfiel
216 1ST AVE NE
HAYFIELD, MN 55940
* $ 83,076,000 2 $ 272,000
Firefly
1400 RIVERWOOD DR
BURNSVILLE, MN 55337
* $ 981,433,000 2 $ 91,000
Americana Community Bank
300 MAIN STREET WEST
SLEEPY EYE, MN 56085
* $ 117,221,000 2 $ 25,000
Minnstar Bank National Association
P.O. BOX 270
LAKE CRYSTAL, MN 56055
* $ 131,250,000 2 $ 500,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 185,888,583,000 2 $ 28,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 214,371,000 2 $ 42,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 2 $ 403,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,781,238,000 2 $ 242,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 21,610,491,000 2 $ 266,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 321,539,000 2 $ 381,000
Tradition Mortgage, LLC
16995 BRANDTJEN FARM DRIVE SUTE 300
LAKEVILLE, MN 55044
* $ 10,000,000 2 $ 316,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 182,489,046,000 2 $ 323,000
Premier Bank Minnesota
417 4TH ST NW
FARIBAULT, MN 55021
* $ 183,342,000 2 $ 179,000
Impac Mortgage Corp.
19500 JAMBOREE RD
GLENDALE, CA 92612
* $ 32,120,000 2 $ 373,000
Thrivent Federal Credit Union

SHAKOPEE, MN 55379
* $ 479,751,000 2 $ 182,000
Pioneer Bank
320 STADIUM ROAD SUITE 100
MANKATO, MN 56001
* $ 369,660,000 2 $ 174,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 2 $ 339,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ 40,394,000 2 $ 354,000
Midwest Heritage Bank FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ 191,162,000 2 $ 164,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ 10,000,000 2 $ 413,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ 1,603,436,000 2 $ 288,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 2 $ 339,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ 100,000,000 2 $ 270,000
Peoples Bank
4831 W 6TH ST
LAWRENCE, KS 66049
* $ 447,877,000 2 $ 400,000
Trustone Financial Credit Union
14601 27TH AVENUE NORTH
PLYMOUTH, MN 55447
* $ 963,267,000 1 $ 88,000
Marine Credit Union
811 MONITOR STREET
LA CROSSE, WI 54601
* $ 534,898,000 1 $ 86,000
Consumer Loan Services, LLC
811 MONITOR STREET
LA CROSSE, WI 54603
* $ 10,000,000 1 $ 144,000
Wings Financial Credit Union
14985 GLAZIER AVENUE
APPLE VALLEY, MN 55124
* $ 4,056,408,000 1 $ 156,000
Sullivan Bank
PO BOX 489
SULLIVAN, MO 63080
* $ 381,573,000 1 $ 236,000
Blaze Credit Union
2025 LARPENTEUR AVE W
FALCON HEIGHTS, MN 55113
* $ 777,746,000 1 $ 102,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ 10,000,000 1 $ 148,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 1 $ 89,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 335,060,015,000 1 $ 111,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 143,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 95,920,564,000 1 $ 140,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 2,424,729,000 1 $ 241,000
Communityamerica Federal Credit Union
9777 RIDGE DR
LENEXA, KS 66219
* $ 1,988,059,000 1 $ 110,000
St Paul Federal Credit Union
1330 CONWAY ST, STE 200
SAINT PAUL, MN 55106
* $ 127,130,000 1 $ 114,000
Lend Smart Mortgage, LLC
3450 LEXINGTON AVE N
OAKDALE, MN 55126
* $ 2,304,353,000 1 $ 181,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 2,727,490,000 1 $ 66,000
Bay Equity LLC

DETROIT, MI 48226
* $ 12,210,000 1 $ 132,000
Colorado Federal Savings Bank8
400 EAST PRENTICE AVE, SUITE 840
GREENWOOD VILLAGE, CO 80111
* $ 1,620,484,000 1 $ 128,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ 3,642,000 1 $ 255,000
360 Mortgage Group, LLC
11305 FOUR POINTS DRIVE, BLDG 1, #200
AUSTIN, TX 78726
* $ 10,000,000 1 $ 115,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ 10,000,000 1 $ 155,000
Baxter Credit Union
340 N MILWAUKEE AVE
340 N MILWAUKEE AVE, IL 60061
* $ 2,107,751,000 1 $ 332,000
Banc of California, National Association
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 5,958,502,000 1 $ 117,000
Bankvista
125 TWIN RIVERS CT
SARTELL, MN 56377
* $ 148,816,000 1 $ 92,000
St. Clair State Bank
100 WEST MAIN STREET PO BOX 39
ST. CLAIR, MN 56080
* $ 85,103,000 1 $ 258,000
Premier Bank Rochester
421 1ST AVE SW
ROCHESTER, MN 55902
* $ 149,909,000 1 $ 120,000
Cherry Creek Mortgage, LLC
7600 E ORCHARD ROAD, SUITE 250 -N
WILMINGTON, DE 80111
* $ 10,000,000 1 $ 111,000
United Security Financial Corp
930 EAST 6600 SOUTH
MURRAY, UT 84121
* $ 10,000,000 1 $ 306,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 573,850,000 1 $ 246,000
North Shore Bank of Commerce
131 WEST SUPERIOR STREET
DULUTH, MN 55802
* $ 245,076,000 1 $ 149,000
Royal Credit Union
200 RIVERFRONT TERRACE
EAU CLAIRE, WI 54702
* $ 1,543,002,000 1 $ 145,000
Nations Reliable Lending, LLC

HOUSTON, TX 77057
* $ 10,000,000 1 $ 131,000
Numark Credit Union
1654 TERRY DR; P O BOX 2729
JOLIET, IL 60434
* $ 202,275,000 1 $ 33,000
Bridgewater Bank
4450 EXCELSIOR BOULEVARD
ST. LOUIS PARK, MN 55416
* $ 699,915,000 1 $ 803,000
Genequity Mortgage, Inc.
633 E STATE HIGHWAY 121 SOUTH #520
COPPELL, TX 75019
* $ 40,000,000 1 $ 112,000
Alerus Financial NA
PO BOX 6001
GRAND FORKS, ND 58206
* $ 1,477,918,000 1 $ 134,000
UBS Ag, Tampa Branch
3000 BAYPORT
TAMPA, FL 33607
* $ 9,378,000 1 $ 116,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 81,661,915,000 1 $ 74,000
Weichert Financial Services
225 LITTLETON ROAD
MORRIS PLAINS, NJ 07950
* $ 31,000,000 1 $ 150,000
First Alliance Credit Union
320 ALLIANCE PL NE
ROCHESTER, MN 55904
* $ 142,875,000 1 $ 48,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 1 $ 146,000
Northview Bank
510 MAIN STREET
SANDSTONE, MN 55072
* $ 248,301,000 1 $ 89,000
Homepromise Corporation
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ 100,000,000 1 $ 169,000
Weststar Mortgage Corporation
6363 NORTH STATE HIGHWAY 161
ALBUQUERQUE, NM 87113
* $ 26,864,000 1 $ 157,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 1 $ 128,000
American Nationwide Mortgage Company, Inc.
3820 NORTHDALE BLVD STE 111A
TAMPA, FL 33624
* $ 1,847,619,000 1 $ 272,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 1 $ 116,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,281,397,000 1 $ 81,000
Mld Mortgage, Inc.Dba the Money Store
30 B VREELAND ROAD
FLORHAM PARK, NJ 07932
* $ 11,886,522,000 1 $ 138,000
W. J. Bradley Mortgage Capital
6465 GREENWOOD PLAZA BLVD, SUITE 500
CENTENNIAL, CO 80111
* $ 10,000,000 1 $ 70,000
Live Well Financial, Inc.
1011 BOULDER SPRINGS DRIVE
RICHMOND, VA 23225
* $ 176,870,000 1 $ 111,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ 10,000,000 1 $ 180,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 395,549,000 1 $ 140,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ 10,000,000 1 $ 156,000
Farmers Bank & Trust
1017 HARRISON
GREAT BEND, KS 67530
* $ 727,505,000 1 $ 140,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 1 $ 114,000
Fidelity Bank
100 E ENGLISH
WICHITA, KS 67202
* $ 1,622,355,000 1 $ 30,000

The tables below break down 2015 mortgage applications in Steele County, MN by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Steele County, MN in 2015

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 $119,574,000 $146,000 $874,000 $56,000 $749,000
Refinancing 646 $91,647,000 $141,000 $1,392,000 $71,000 $1,500,000
Home Improvement 100 $5,127,000 $51,000 $350,000 $75,000 $392,000

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 1,216 $167,951,000 $138,000 $1,392,000 $74,000 $1,500,000
Not applicable 215 $32,405,000 $150,000 $803,000 $5,000 $129,000
Not Provided 65 $8,092,000 $124,000 $394,000 $67,000 $191,000
Hispanic 49 $5,504,000 $112,000 $207,000 $50,000 $110,000
Asian 9 $1,019,000 $113,000 $145,000 $103,000 $189,000
Black or African American 9 $1,133,000 $125,000 $181,000 $52,000 $91,000
American Indian or Alaskan Native 2 $244,000 $122,000 $184,000 $44,000 $75,000
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) 954 $129,698,000 $135,000 $1,392,000 $78,000 $749,000
FHA-insured (Federal Housing Administration) 304 $41,398,000 $136,000 $272,000 $43,000 $1,500,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 201 $26,898,000 $133,000 $306,000 $33,000 $114,000
VA-guaranteed (Veterans Administration) 106 $18,354,000 $173,000 $394,000 $52,000 $152,000

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 887 $126,532,000 $142,000 $1,392,000 $75,000 $749,000
Loan Purchased By The Institution 245 $36,320,000 $148,000 $336,000 $20,000 $190,000
Application Denied By Financial Institution 219 $24,736,000 $112,000 $409,000 $65,000 $1,500,000
Application Withdrawn By Applicant 132 $18,292,000 $138,000 $365,000 $65,000 $335,000
Application Approved But Not Accepted 52 $6,903,000 $132,000 $338,000 $77,000 $299,000
File Closed For Incompleteness 30 $3,565,000 $118,000 $262,000 $40,000 $86,000
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
Credit History 48 $3,266,000 $68,000 $209,000 $57,000 $182,000
Collateral 37 $5,145,000 $139,000 $409,000 $104,000 $374,000
Debt-To-Income Ratio 25 $2,942,000 $117,000 $315,000 $59,000 $327,000
Credit Application Incomplete 15 $1,830,000 $122,000 $241,000 $54,000 $96,000
Other 9 $1,176,000 $130,000 $257,000 $54,000 $135,000
Unverifiable Information 7 $832,000 $118,000 $274,000 $46,000 $101,000
Employment History 5 $673,000 $134,000 $180,000 $39,000 $66,000
Insufficient Cash (Downpayment, Closing Cost) 5 $685,000 $137,000 $184,000 $46,000 $75,000
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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