Sullivan County, NH Mortgage Lenders & HMDA Data, 2023

In 2023, lenders reported 1,318 mortgage applications in Sullivan County, NH totaling $314.4 million, down 29% from 2022. The average application was for $238,000, and applicants reported an average income of $140,000. 56% of applications resulted in an originated loan and 19% were denied. The most active lender was Mascoma Bank, with 151 applications, followed by Bar Harbor Bank & Trust and Citizens Bank, NA.

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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 1,318
Total Mortgage Loan Application Amount $314,400,000
Average Mortgage Loan Application Amount $238,000
Highest Mortgage Loan Application Amount $12,205,000
Average Applicant Income $140,000
Highest Applicant Income $7,823,000

Mortgage Company List for Lending in Sullivan County, NH 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
Mascoma Bank
243 SYKES MOUNTAIN AVE BOX 4399
LEBANON, NH 03766
* $ 2,733,504,000 151 $ 24,895,000
Bar Harbor Bank & Trust
82 MAIN STREET
BAR HARBOR, ME 04609
* $ 3,906,943,000 95 $ 18,275,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 226,401,591,000 73 $ 9,965,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 59 $ 15,055,000
Service Federal Credit Union
3003 LAFAYETTE ROAD
PORTSMOUTH, NH 03801
* $ 5,172,623,000 54 $ 8,020,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,418,508,000,000 35 $ 5,145,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 34 $ 10,140,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 129,461,046,000 34 $ 2,720,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 33 $ 9,765,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 31 $ 6,805,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 29 $ 6,115,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 27 $ 6,065,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 25 $ 7,685,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 156,645,099,000 22 $ 4,620,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 386,799,237,000 21 $ 10,365,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,201,942,000,000 20 $ 12,930,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 18 $ 3,710,000
Lighthouse Federal Credit Union
100 BORTHWICK AVE
PORTSMOUTH, NH 03801
* $ 1,893,645,000 17 $ 1,675,000
Harborone Mortgage, LLC
1045 ELM ST SUITE 601
MANCHESTER, NH 03101
* $ -1,000 15 $ 3,495,000
One Credit Union
380 RIVER STREET
SPRINGFIELD, VT 05156
* $ 246,026,000 14 $ 690,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 14 $ 3,750,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 14 $ 1,560,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 13 $ 3,235,000
Franklin Savings Bank
387 CENTRAL ST
FRANKLIN, NH 03235
* $ 761,892,000 13 $ 5,045,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 13 $ 3,345,000
Digital Federal Credit Union
220 DONALD LYNCH BOULEVARD
MARLBOROUGH, MA 01752
* $ 11,281,243,000 12 $ 13,250,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 12 $ 4,220,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 12 $ 770,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 10 $ 2,360,000
St. Mary's Bank CU
48 PERIMETER RD
MANCHESTER, NH 03103
* $ 1,463,739,000 10 $ 2,270,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 585,135,605,000 10 $ 1,760,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 9 $ 1,775,000
Coastal Community Bank
PO BOX 12220
EVERETT, WA 98203
* $ 3,141,703,000 9 $ 795,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 8 $ 1,580,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 200,262,969,000 8 $ 1,810,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 8 $ 1,880,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 35,526,360,000 7 $ 1,415,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 7 $ 1,475,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 7 $ 2,215,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 7 $ 1,645,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 6 $ 1,400,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 6 $ 1,580,000
Eastrise Federal Credit Union
141 HARVEST LANE
WILLISTON, VT 05495
* $ 1,952,542,000 5 $ 235,000
National Bank of Middlebury
30 MAIN STREET
MIDDLEBURY, VT 05753
* $ 534,246,000 5 $ 3,725,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,717,531,000,000 5 $ 745,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 5 $ 1,065,000
Luminate Home Loans, Inc.
2523 WAYZATA BLVD SUITE 200
MINNEAPOLIS, MN 55405
* $ -1,000 5 $ 1,435,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 110,900,000,000 5 $ 1,375,000
Meredith Village Savings Bank
71 NH-104
MEREDITH, NH 03253
* $ 1,552,881,000 5 $ 1,085,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 5 $ 945,000
Mortgage Equity Partners LLC
220 BROADWAY SUITE 205
LYNNFIELD, MA 01940
* $ -1,000 4 $ 1,180,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 4 $ 570,000
Granite State Credit Union
1415 ELM STREET
MANCHESTER, NH 03101
* $ 634,205,000 4 $ 390,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 1,099,887,000 4 $ 690,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 4 $ 1,370,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 4 $ 4,670,000
Union Bank
20 LOWER MAIN STREET PO BOX 667
MORRISVILLE, VT 05661
* $ 1,335,789,000 4 $ 1,710,000
Bangor Savings Bank
19 MAINE AVENUE
BANGOR, ME 04401
* $ 7,377,141,000 4 $ 1,370,000
Salem Five Cents Savings Bank
210 ESSEX ST
SALEM, MA 01970
* $ 6,619,741,000 4 $ 760,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 3 $ 445,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 3 $ 825,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 780,976,000 3 $ 885,000
Bankesb
36 MAIN STREET
EASTHAMPTON, MA 01027
* $ 1,738,869,000 3 $ 915,000
Member First Mortgage, LLC
616 44TH STREET SE
GRAND RAPIDS, MI 49548
* $ -1,000 3 $ 465,000
Northway Bank

CAMDEN, ME 04856
* $ 1,297,773,000 3 $ 805,000
Leader Bank NA
141 MASSACHUSETTS AVENUE
ARLINGTON, MA 02474
* $ 3,907,360,000 3 $ 845,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 3 $ 965,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,766,752,000,000 3 $ 1,135,000
Bank of New Hampshire
62 PLEASANT ST
LACONIA, NH 03246
* $ 2,432,022,000 3 $ 275,000
Bellwether Community Credit Union
425 HOOKSETT RD
MANCHESTER, NH 03104
* $ 594,331,000 3 $ 245,000
Third Federal Savings and Loan
7007 BROADWAY AVENUE
CLEVELAND, OH 44105
* $ 16,117,865,000 3 $ 205,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 552,307,127,000 3 $ 535,000
Stifel Bank & Trust
501 NORTH BROADWAY
ST. LOUIS, MO 63102
* $ 21,228,609,000 3 $ 935,000
Berkshire Bank

ALBANY, NY 12207
* $ 11,656,860,000 3 $ 1,835,000
Longbridge Financial, LLC
1 INTERNATIONAL BOULEVARD, SUITE 900
MAHWAH, NJ 07495
* $ -1,000 2 $ 370,000
Merrimack County Savings Bank
89 NORTH MAIN STREET
CONCORD, NH 03301
* $ 1,317,746,000 2 $ 350,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 2 $ 480,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 2 $ 280,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 3,765,608,000 2 $ 420,000
NBKC Bank
8320 WARD PARKWAY
KANSAS CITY, MO 64114
* $ 1,052,701,000 2 $ 600,000
Salem Five Mortgage Company LLC
210 ESSEX STREET
SALEM, MA 01970
* $ -1,000 2 $ 630,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 34,681,050,000 2 $ 290,000
Flagstar Bank NA

TROY, MI 49098
* $ 90,036,656,000 2 $ 910,000
Salem Co-Operative Bank
3 SOUTH BROADWAY
SALEM, NH 03079
* $ 487,232,000 2 $ 1,260,000
Hanscom Federal Credit Union
1610 EGLIN ST
HANSCOM AFB, MA 01731
* $ 1,906,886,000 2 $ 370,000
Everett Financial, Inc.
14801 QUORUM DRIVE, SUITE 300
DALLAS, TX 75254
* $ -1,000 2 $ 560,000
Homexpress Mortgage Corp.
1936 E DEERE AVE SUITE 200
SANTA ANA, CA 92705
* $ -1,000 2 $ 360,000
Sofi Bank, National Association

FRISCO, TX 75034
* $ 9,123,708,000 2 $ 530,000
Total Mortgage Services, LLC
185 PLAINS ROAD
MILFORD, CT 06461
* $ -1,000 2 $ 710,000
Nbt Bank NA
52 S BROAD ST
NORWICH, NY 13815
* $ 11,659,908,000 2 $ 460,000
Acrisure Mortgage, LLC
189 S ORANGE AVE STE 970
ORLANDO, FL 32801
* $ -1,000 1 $ 165,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ -1,000 1 $ 395,000
Partners Bank of New England
900 MAIN ST
SANFORD, ME 04073
* $ -1,000 1 $ 325,000
Northwest Federal Credit Union
220 SPRING STREET
HERNDON, VA 20170
* $ 4,112,771,000 1 $ 305,000
Suffolk Federal Credit Union
3681 HORSEBLOCK ROAD
MEDFORD, NY 11763
* $ 1,697,684,000 1 $ 45,000
Lakeland Bank
250 OAK RIDGE RD
NEWFOUNDLAND, NJ 07438
* $ 10,777,878,000 1 $ 435,000
Freedom Credit Union
1976 MAIN STREET
SPRINGFIELD, MA 01103
* $ 699,367,000 1 $ 165,000
Bluestone Bank
756 ORCHARD STREET
RAYNHAM, MA 02767
* $ 1,398,628,000 1 $ 525,000
Northcountry Federal Credit Union
PO BOX 64709
BURLINGTON, VT 05406
* $ 903,544,000 1 $ 105,000
Workers Federal Credit Union
815 MAIN STREET
LITTLETON, MA 01460
* $ 2,655,284,000 1 $ 105,000
Mit Federal Credit Union
700 TECHNOLOGY SQUARE
LEXINGTON, MA 02421
* $ 732,194,000 1 $ 265,000
Drew Mortgage Associates, Inc
196 BOSTON TPKE
SHREWSBURY, MA 01545
* $ -1,000 1 $ 255,000
Hometown Bank
31 SUTTON AVENUE
OXFORD, MA 01540
* $ 1,350,307,000 1 $ 395,000
Real Genius LLC
1625 S CONGRESS AVE STE 190
DELRAY BEACH, FL 33445
* $ -1,000 1 $ 105,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 379,838,000 1 $ 385,000
US Mortgage Corporation
201 OLD COUNTRY ROAD
MELVILLE, NY 11747
* $ -1,000 1 $ 335,000
Hartford Funding, Ltd.
100 CROSSWAYS PARK DRIVE WEST SUITE 302
WOODBURY, NY 11797
* $ -1,000 1 $ 475,000
Abbott Laboratories Employees Credit Union
325 TRI STATE PKWY
GURNEE, IL 60031
* $ 1,013,413,000 1 $ 175,000
Community National Bank
4811 US ROUTE 5
NEWPORT, VT 05855
* $ 1,055,421,000 1 $ 125,000
Academy Mortgage Corporation
339 WEST 13490 SOUTH
SALT LAKE CITY, UT 84020
* $ -1,000 1 $ 375,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 185,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 1 $ 215,000
Hancock Whitney Bank
2510 14TH STREET
GULFPORT, MS 39501
* $ 35,158,162,000 1 $ 725,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 1 $ 155,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 47,596,192,000 1 $ 285,000
Waterstone Bank SSB
11200 WEST PLANK COURT
WAUWATOSA, WI 53226
* $ 2,027,068,000 1 $ 365,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ -1,000 1 $ 235,000
Eastern Bank
125 HIGH ST
BOSTON, MA 02110
* $ 22,629,483,000 1 $ 1,915,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 175,000
Primary Bank
207 NH-101
BEDFORD, NH 03110
* $ 654,191,000 1 $ 6,505,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 182,325,674,000 1 $ 635,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 3,765,448,000 1 $ 255,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 1 $ 25,000
Farm Credit East Aca
240 SOUTH ROAD
ENFIELD, CT 06082
* $ -1,000 1 $ 255,000
The Camden National Bank
2 ELM STREET
CAMDEN, ME 04843
* $ 5,662,457,000 1 $ 165,000
CIBC Bank USA
120 SOUTH LASALLE
CHICAGO, IL 60602
* $ 50,933,929,000 1 $ 765,000
Radius Financial Group Inc
600 LONGWATER DRIVE SUITE 107
NORWELL, MA 02061
* $ -1,000 1 $ 245,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 1 $ 335,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 1 $ 165,000
1st 2nd Mortgage Company of N.J., Inc.
50 SPRING ST
CRESSKILL, NJ 07626
* $ -1,000 1 $ 105,000
Mld Mortgage, Inc.Dba the Money Store
30 B VREELAND ROAD
FLORHAM PARK, NJ 07932
* $ -1,000 1 $ 325,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 1 $ 155,000
Alltrust Credit Union
123 ALDEN RD
FAIRHAVEN, MA 02719
* $ 345,746,000 1 $ 115,000
Northpoint Mortgage, Inc.
204 TURNPIKE ROAD
STURBRIDGE, MA 01566
* $ -1,000 1 $ 185,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 105,000
Peoplesbank
330 WHITNEY AVENUE
HOLYOKE, MA 01040
* $ 3,668,204,000 1 $ 135,000
Navigant Credit Union
1005 DOUGLAS PIKE
SMITHFIELD, RI 02917
* $ 3,424,195,000 1 $ 325,000
Usalliance Federal Credit Union
411 THEODORE FREMD AVE, SUITE 350
RYE, NY 10580
* $ 2,703,475,000 1 $ 215,000
New Fed Mortgage Corp.
98 HIGH ST
DANVERS, MA 01923
* $ -1,000 1 $ 335,000
Passumpsic Bank
25 MR ARTHUR DRIVE
CHESTERFIELD, NH 03466
* $ -1,000 1 $ 185,000
Goldman Sachs Bank USA
200 WEST STREET
NEW YORK, NY 10282
* $ 485,553,000,000 1 $ 555,000
Hometown Equity Mortgage, LLC
25531 COMMERCENTRE DRIVE SUITE 250
LAKE FOREST, CA 92630
* $ -1,000 1 $ 105,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 1 $ 215,000
Washington Trust Mortgage Company LLC
23 BROAD STREET
WESTERLY, RI 02891
* $ -1,000 1 $ 445,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 1 $ 335,000
Needham Bank
1063 GREAT PLAIN AVE
NEEDHAM, MA 02492
* $ 3,592,881,000 1 $ 595,000
Rbc Bank (Georgia), N.A.

RALEIGH, NC 27607
* $ 6,097,782,000 1 $ 265,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 546,228,000,000 1 $ 345,000

The tables below break down 2023 mortgage applications in Sullivan County, NH by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Sullivan County, NH 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 652 $185,570,000 $284,000 $2,355,000 $147,000 $4,264,000
Cash-out Refinancing 216 $47,380,000 $219,000 $4,005,000 $115,000 $704,000
Home Improvement 182 $18,220,000 $100,000 $755,000 $183,000 $7,823,000
Other Purpose 173 $18,095,000 $104,000 $575,000 $115,000 $591,000
Refinancing 87 $43,125,000 $495,000 $12,205,000 $102,000 $1,075,000
Not Applicable 8 $2,010,000 $251,000 $1,005,000 $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 962 $203,230,000 $211,000 $4,005,000 $140,000 $7,823,000
Not Provided 181 $35,625,000 $196,000 $1,065,000 $133,000 $908,000
Not applicable 91 $56,085,000 $616,000 $12,205,000 $79,000 $143,000
Hispanic 35 $7,575,000 $216,000 $665,000 $136,000 $567,000
Black or African American 21 $5,705,000 $271,000 $665,000 $173,000 $400,000
Asian 18 $3,990,000 $221,000 $655,000 $155,000 $440,000
American Indian or Alaskan Native 8 $1,700,000 $212,000 $435,000 $99,000 $160,000
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) 1,041 $239,425,000 $229,000 $12,205,000 $152,000 $7,823,000
FHA-insured (Federal Housing Administration) 169 $38,215,000 $226,000 $485,000 $78,000 $312,000
VA-guaranteed (Veterans Administration) 100 $35,050,000 $350,000 $4,005,000 $108,000 $325,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 8 $1,710,000 $213,000 $335,000 $91,000 $114,000

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 741 $176,575,000 $238,000 $6,605,000 $157,000 $7,823,000
Application Denied By Financial Institution 245 $39,275,000 $160,000 $1,005,000 $107,000 $660,000
Application Withdrawn By Applicant 149 $53,515,000 $359,000 $12,205,000 $129,000 $710,000
Loan Purchased By The Institution 76 $26,220,000 $345,000 $3,185,000 $90,000 $220,000
File Closed For Incompleteness 71 $12,595,000 $177,000 $765,000 $114,000 $708,000
Application Approved But Not Accepted 35 $5,825,000 $166,000 $475,000 $121,000 $492,000
Preapproval Denied by Financial Institution 1 $395,000 $395,000 $395,000 $99,000 $99,000
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 1,055 $262,245,000 $248,000 $12,205,000 $143,000 $7,823,000
Debt-To-Income Ratio 107 $28,255,000 $264,000 $6,505,000 $140,000 $4,264,000
Collateral 59 $8,675,000 $147,000 $485,000 $130,000 $567,000
Credit History 55 $8,295,000 $150,000 $775,000 $111,000 $660,000
Credit Application Incomplete 16 $1,810,000 $113,000 $205,000 $101,000 $293,000
Other 13 $2,635,000 $202,000 $515,000 $102,000 $230,000
Unverifiable Information 8 $1,450,000 $181,000 $345,000 $75,000 $103,000
Insufficient Cash (Downpayment, Closing Cost) 3 $605,000 $201,000 $285,000 $78,000 $90,000
Mortgage Insurance Denied 1 $285,000 $285,000 $285,000 $567,000 $567,000
Employment History 1 $145,000 $145,000 $145,000 $83,000 $83,000

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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