Venango County, PA Mortgage Lenders & HMDA Data, 2019

In 2019, lenders reported 1,415 mortgage applications in Venango County, PA totaling $136.6 million, up 6% from 2018. The average application was for $96,000, and applicants reported an average income of $73,000. 57% of applications resulted in an originated loan and 21% were denied. The most active lender was Northwest Bank, with 253 applications, followed by First National Bank of Pa and Citizens Bank, NA.

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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 1,415
Total Mortgage Loan Application Amount $136,635,000
Average Mortgage Loan Application Amount $96,000
Highest Mortgage Loan Application Amount $2,445,000
Average Applicant Income $73,000
Highest Applicant Income $904,000

Mortgage Company List for Lending in Venango County, PA for 2019

* 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
Northwest Bank
100 LIBERTY STREET
WARREN, PA 16365
* $ 9,701,569,000 253 $ 20,475,000
First National Bank of Pa
1 FNB BOULEVARD
HERMITAGE, PA 16148
* $ 33,026,384,000 141 $ 10,925,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 129,426,633,000 123 $ 12,885,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 370,500,928,000 105 $ 7,795,000
Pennsylvania State Employees Credit Union
PO BOX 67013
HARRISBURG, PA 17110
* $ 5,356,853,000 58 $ 3,530,000
Tidewater Mortgage Services, Inc
200 GOLDEN OAK COURT STE. 100
VIRGINIA BEACH, VA 26452
* $ -1,000 57 $ 6,375,000
Mercer County State Bank
3279 S MAIN STREET
SANDY LAKE, PA 16145
* $ 404,107,000 37 $ 3,635,000
The Farmers National Bank of Emlenton
612 MAIN STREET, PO DRAWER D
EMLENTON, PA 16373
* $ 893,574,000 36 $ 3,080,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 33 $ 3,865,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,689,351,000,000 26 $ 2,530,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 108,672,320,000 24 $ 1,840,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 19 $ 2,445,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 108,015,112,000 17 $ 805,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 15 $ 1,345,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 15 $ 1,575,000
Greenville Savings Bank
233 MAIN STREET
GREENVILLE, PA 16125
* $ 240,974,000 14 $ 1,850,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 13 $ 1,345,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 13 $ 1,465,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 13 $ 1,545,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 11 $ 695,000
S&T Bank
800 PHILADELPHIA STREET PO BOX 190
INDIANA, PA 15701
* $ 7,233,529,000 8 $ 1,220,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 8 $ 1,310,000
Marquette Savings Bank
920 PEACH STREET
ERIE, PA 16501
* $ 861,086,000 8 $ 530,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 7 $ 565,000
Dollar Bank, FSB
#3 GATEWAY CENTER, SEVEN WEST
PITTSBURGH, PA 15222
* $ 8,514,086,000 7 $ 605,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,782,639,000,000 7 $ 315,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 7 $ 595,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 7 $ 1,305,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 96,962,446,000 6 $ 560,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 6 $ 480,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,218,960,000,000 6 $ 780,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 6 $ 460,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 6 $ 920,000
Grove City Area Federal Credit Union
ONE CREDIT UNION WAY
GROVE CITY, PA 16127
* $ 84,254,000 6 $ 350,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 17,230,779,000 5 $ 395,000
Flagstar Bank NA

TROY, MI 49098
* $ 18,466,868,000 5 $ 525,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 5 $ 895,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 5 $ 525,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 5 $ 615,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 4 $ 330,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 459,476,604,000 4 $ 260,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 4 $ 760,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 4 $ 510,000
Alliance Credit, LLC
7825 W. AKRON-CANFIELD RD
CANFIELD, OH 44406
* $ -1,000 4 $ 290,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 81,602,818,000 4 $ 530,000
Widget Federal Credit Union
2154 EAST LAKE RD
ERIE, PA 16511
* $ 295,398,000 4 $ 140,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 4 $ 240,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,135,647,000 4 $ 540,000
Jlb Corporation dba Golden Oak Lending
111 WESTPORT PLAZA, #1150
ST. LOUIS, MO 63146
* $ -1,000 3 $ 865,000
Citibank, NA

NEW YORK, NY 10012
* $ 826,876,000,000 3 $ 115,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 3 $ 655,000
Union Savings Bank
8534 E KEMPER RD
CINCINNATI, OH 45249
* $ 2,750,944,000 3 $ 145,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 3 $ 135,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 3 $ 335,000
Armco Credit Union
PO BOX 1589
BUTLER, PA 16003
* $ 345,893,000 3 $ 125,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 3 $ 355,000
State Financial Network LLC
5 HILLMAN DR
CHADDS FORD, PA 19317
* $ -1,000 3 $ 495,000
Howard Hanna Financial Services, Inc
1000 GAMMA DRIVE
PITTSBURGH, PA 15238
* $ -1,000 3 $ 225,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 3 $ 405,000
Home Savings Bank
275 W FEDERAL ST
YOUNGSTOWN, OH 44503
* $ 2,801,504,000 3 $ 575,000
The One Federal Credit Union
300 ARCH STREET
MEADVILLE, PA 16335
* $ 74,041,000 2 $ 30,000
Sail Mortgage Corp

SEVEN FIELDS, PA 16046
* $ -1,000 2 $ 260,000
Raymond James Bank
710 CARILLON PARKWAY
SAINT PETERSBURG, FL 33716
* $ 25,140,256,000 2 $ 310,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 219,071,000,000 2 $ 310,000
Clearview Federal Credit Union
8805 UNIVERSITY BLVD
MOON TOWNSHIP, PA 15108
* $ 1,220,086,000 2 $ 250,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 302,668,929,000 2 $ 120,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 24,484,751,000 2 $ 60,000
First Commonwealth Bank
PO BOX 400
INDIANA, PA 15701
* $ 7,812,063,000 2 $ 220,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 2 $ 200,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 2 $ 320,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 144,453,358,000 2 $ 230,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 2 $ 220,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,636,147,000 2 $ 190,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 2 $ 240,000
Cnb Bank
1 S SECOND STREET
CLEARFIELD, PA 16830
* $ 3,203,027,000 2 $ 60,000
West Penn Financial Service Center, Inc.
2250 BABCOCK BLVD
PITTSBURGH, PA 15237
* $ -1,000 2 $ 150,000
Peoples Mortgage Company
2055 E CENTENNIAL CIRCLE
TEMPE, AZ 85284
* $ -1,000 2 $ 160,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 2 $ 130,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ -1,000 2 $ 180,000
Wesbanco Bank, Inc.
1 BANK PLAZA
WHEELING, WV 26003
* $ 12,440,252,000 2 $ 630,000
Members 1st FCU
5000 LOUISE DRIVE
ENOLA, PA 17025
* $ 4,125,329,000 1 $ 65,000
First Alliance Home Mortgage, LLC
20 JACKSON DRIVE 2ND FLOOR
CRANFORD, NJ 07016
* $ -1,000 1 $ 135,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ 1,071,570,000 1 $ 265,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ -1,000 1 $ 115,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 35,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 28,246,367,000 1 $ 125,000
Ally Bank

CHARLOTTE, NC 28202
* $ 159,291,000,000 1 $ 315,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 1,811,622,000 1 $ 245,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 1 $ 205,000
Equity Resources Inc
PO BOX 5177
NEWARK, OH 43055
* $ -1,000 1 $ 125,000
Cornerstone Bank
9120 W 135TH ST
OVERLAND PARK, KS 66221
* $ 403,024,000 1 $ 155,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 302,006,000 1 $ 15,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 4,426,972,000 1 $ 65,000
Standard Bank, Pasb
2640 MONROEVILLE BLVD
MONROEVILLE, PA 15146
* $ 971,332,000 1 $ 2,445,000
Ownerschoice Funding, Inc.
1021 WATERVLIET-SHAKER ROAD
ALBANY, NY 12203
* $ -1,000 1 $ 35,000
Chou Team Realty, LLC
25391 COMMERCENTRE DRIVE
LAKE FOREST, CA 92630
* $ -1,000 1 $ 195,000
Affordable Mortgage Advisors
4640 CAMPBELLS RUN ROAD
PITTSBURGH, PA 15205
* $ -1,000 1 $ 145,000
Victorian Finance, LLC
2570 BOYCE PLAZA ROAD
PITTSBURGH, PA 15241
* $ -1,000 1 $ 225,000
Merchants Bank of Indiana
11555 N. MERIDIAN STREET
CARMEL, IN 46032
* $ 3,710,275,000 1 $ 55,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 395,677,000 1 $ 555,000
Member Advantage Mortgage
3330 BROADMOOR SE, SUITE B
GRAND RAPIDS, MI 49512
* $ -1,000 1 $ 105,000
Citadel Servicing Corporation
15707 ROCKFIELD BLVD STE 320
IRVINE, CA 92618
* $ -1,000 1 $ 295,000
Bank of Little Rock Mortgage Corporation
15909 CANTRELL ROAD
LITTLE ROCK, AR 72223
* $ -1,000 1 $ 105,000
George Mason Mortgage, LLC
4100 MONUMENT CORNER DRIVE #100
PRINCE WILLIAM, VA 22030
* $ -1,000 1 $ 205,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 1 $ 105,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 312,093,000 1 $ 365,000
Rushmore Loan Management Services LLC
15480 LAGUNA CANYON ROAD, SUITE 100
IRVINE, CA 92618
* $ -1,000 1 $ 235,000
First Heritage Financial LLC
2655 NESHAMINY INTERPLEX DR - STE 105
TREVOSE, PA 19053
* $ -1,000 1 $ 75,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 1 $ 45,000
Ameriserv Financial Bank
216 FRANKLIN ST
JOHNSTOWN, PA 15901
* $ 1,145,678,000 1 $ 85,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ -1,000 1 $ 115,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 36,899,806,000 1 $ 25,000
Lima One Capital, LLC
201 E. MCBEE AVE, SUITE 300
GREENVILLE, SC 29601
* $ -1,000 1 $ 55,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 5,133,339,000 1 $ 75,000
First Technology Federal Credit Union

HILLSBORO, OR 97124
* $ 12,179,508,000 1 $ 45,000
Bayshore Mortgage Funding
1920 GREENSPRING DRIVE, SUITE 140
TIMONIUM, MD 21093
* $ -1,000 1 $ 55,000
First Keystone Community Bank
111 W FRONT ST
BERWICK, PA 18603
* $ 1,010,444,000 1 $ 55,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 1 $ 115,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 1 $ 35,000
Mld Mortgage, Inc.Dba the Money Store
30 B VREELAND ROAD
FLORHAM PARK, NJ 07932
* $ -1,000 1 $ 135,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 1,798,459,000 1 $ 295,000
Mid-Continent Funding, Inc.
3401 W BROADWAY BUSINESS PARK CT STE 213
COLUMBIA, MO 65203
* $ -1,000 1 $ 45,000
Omega Federal Credit Union
PO BOX 15038
PITTSBURGH, PA 15237
* $ 110,504,000 1 $ 55,000
City Bank
5219 CITY BANK PARKWAY
LUBBOCK, TX 79408
* $ 2,710,801,000 1 $ 75,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 1 $ 175,000
Jersey Shore State Bank
300 MARKET STREET
WILLIAMSPORT, PA 17701
* $ 1,255,174,000 1 $ 155,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ -1,000 1 $ 125,000
Farmers National Bank
1 SOUTH MAIN STREET
NILES, OH 44446
* $ 2,309,148,000 1 $ 205,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 1,279,654,000 1 $ 95,000
Suntrust Banks, Inc.
P.O. BOX 4418, MAIL CODE 663
ATLANTA, GA 30302
* $ 209,720,480,000 1 $ 135,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 65,000
Star USA Federal Credit Union
ONE CANTLEY DRIVE
CHARLESTON, WV 25314
* $ 156,505,000 1 $ 45,000
Mars Bank
PO BOX 927
MARS, PA 16046
* $ 396,898,000 1 $ 185,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 85,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 1 $ 65,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 1 $ 75,000
Intercontinental Capital Group, Inc
50 JERICHO QUADRANGLE, SUITE 210
JERICHO, NY 11753
* $ -1,000 1 $ 265,000
Hanscom Federal Credit Union
1610 EGLIN ST
HANSCOM AFB, MA 01731
* $ 1,327,580,000 1 $ 15,000
Infirst Federal Credit Union
6462 LITTLE RIVER TURNPIKE
ALEXANDRIA, VA 22312
* $ 169,213,000 1 $ 75,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 1 $ 85,000
Riverset Credit Union
1700 JANE STREET
PITTSBURGH, PA 15203
* $ 114,429,000 1 $ 45,000
Capital Bank, N.A.
ONE CHURCH ST SUITE 300
ROCKVILLE, MD 20850
* $ 1,074,501,000 1 $ 135,000
Lenderlive Network, LLC
710 S ASH
GLENDALE, CO 80246
* $ -1,000 1 $ 315,000

The tables below break down 2019 mortgage applications in Venango County, PA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Venango County, PA in 2019

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 562 $59,770,000 $106,000 $555,000 $71,000 $600,000
Refinancing 323 $36,645,000 $113,000 $2,445,000 $72,000 $406,000
Cash-out Refinancing 195 $21,465,000 $110,000 $485,000 $71,000 $463,000
Home Improvement 176 $10,320,000 $58,000 $1,605,000 $83,000 $904,000
Other Purpose 148 $7,590,000 $51,000 $235,000 $69,000 $750,000
Not Applicable 11 $845,000 $76,000 $145,000 $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 1,121 $103,025,000 $91,000 $1,605,000 $71,000 $600,000
Not Provided 159 $17,095,000 $107,000 $605,000 $89,000 $904,000
Not applicable 100 $13,520,000 $135,000 $2,445,000 $65,000 $126,000
Hispanic 11 $885,000 $80,000 $195,000 $73,000 $127,000
Black or African American 10 $1,010,000 $101,000 $165,000 $58,000 $189,000
American Indian or Alaskan Native 5 $425,000 $85,000 $215,000 $61,000 $126,000
Asian 4 $260,000 $65,000 $125,000 $78,000 $200,000
Native Hawaiian or Other Pacific Islander 1 $35,000 $35,000 $35,000 $27,000 $27,000

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) 1,063 $97,695,000 $91,000 $2,445,000 $77,000 $904,000
FHA-insured (Federal Housing Administration) 187 $18,415,000 $98,000 $295,000 $55,000 $189,000
VA-guaranteed (Veterans Administration) 98 $14,300,000 $145,000 $375,000 $66,000 $207,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 67 $6,225,000 $92,000 $225,000 $43,000 $73,000

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 804 $80,400,000 $100,000 $2,445,000 $75,000 $600,000
Application Denied By Financial Institution 292 $25,240,000 $86,000 $1,605,000 $66,000 $750,000
Application Withdrawn By Applicant 137 $12,275,000 $89,000 $415,000 $63,000 $230,000
Loan Purchased By The Institution 108 $12,680,000 $117,000 $365,000 $73,000 $184,000
File Closed For Incompleteness 51 $4,575,000 $89,000 $295,000 $72,000 $228,000
Application Approved But Not Accepted 23 $1,465,000 $63,000 $215,000 $117,000 $904,000
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
Not applicable 1,055 $102,475,000 $97,000 $605,000 $75,000 $904,000
Debt-To-Income Ratio 122 $14,720,000 $120,000 $2,445,000 $62,000 $228,000
Credit History 108 $6,200,000 $57,000 $205,000 $58,000 $160,000
Collateral 82 $7,910,000 $96,000 $1,605,000 $75,000 $463,000
Credit Application Incomplete 29 $3,705,000 $127,000 $405,000 $80,000 $406,000
Other 7 $695,000 $99,000 $155,000 $40,000 $78,000
Unverifiable Information 6 $280,000 $46,000 $65,000 $178,000 $750,000
Insufficient Cash (Downpayment, Closing Cost) 6 $650,000 $108,000 $205,000 $82,000 $197,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 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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