Venango County, PA Mortgage Lenders & HMDA Data, 2020

In 2020, lenders reported 1,549 mortgage applications in Venango County, PA totaling $167.2 million, up 9% from 2019. The average application was for $107,000, and applicants reported an average income of $80,000. 58% of applications resulted in an originated loan and 18% were denied. The most active lender was Northwest Bank, with 342 applications, followed by PNC Bank N.A. 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 1,549
Total Mortgage Loan Application Amount $167,165,000
Average Mortgage Loan Application Amount $107,000
Highest Mortgage Loan Application Amount $4,415,000
Average Applicant Income $80,000
Highest Applicant Income $4,919,000

Mortgage Company List for Lending in Venango County, PA for 2020

* 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
* $ 10,624,748,000 342 $ 27,280,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 397,703,264,000 118 $ 11,330,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 165,742,416,000 93 $ 9,165,000
First National Bank of Pa
1 FNB BOULEVARD
HERMITAGE, PA 16148
* $ 34,531,413,000 90 $ 7,890,000
Mercer County State Bank
3279 S MAIN STREET
SANDY LAKE, PA 16145
* $ 426,878,000 54 $ 6,990,000
Pennsylvania State Employees Credit Union
PO BOX 67013
HARRISBURG, PA 17110
* $ 6,284,724,000 45 $ 2,505,000
The Farmers National Bank of Emlenton
612 MAIN STREET, PO DRAWER D
EMLENTON, PA 16373
* $ 909,935,000 43 $ 4,985,000
Tidewater Mortgage Services, Inc
200 GOLDEN OAK COURT STE. 100
VIRGINIA BEACH, VA 26452
* $ -1,000 41 $ 4,445,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 37 $ 4,215,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,712,919,000,000 30 $ 2,870,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 30 $ 2,700,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 27 $ 4,755,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 25 $ 4,295,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 21 $ 2,875,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 20 $ 2,060,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 108,739,378,000 15 $ 1,735,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 111,986,078,000 15 $ 1,855,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 12 $ 1,230,000
Greenville Savings Bank
233 MAIN STREET
GREENVILLE, PA 16125
* $ 246,160,000 11 $ 1,985,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 11 $ 1,465,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 112,384,202,000 10 $ 710,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 10 $ 1,260,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 10 $ 1,150,000
Marquette Savings Bank
920 PEACH STREET
ERIE, PA 16501
* $ 938,607,000 9 $ 1,295,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ -1,000 9 $ 935,000
First Commonwealth Bank
PO BOX 400
INDIANA, PA 15701
* $ 8,288,367,000 8 $ 860,000
Union Home Mortgage Corp.
8241 DOW CIRCLE
STRONGSVILLE, OH 44136
* $ -1,000 8 $ 870,000
Grove City Area Federal Credit Union
ONE CREDIT UNION WAY
GROVE CITY, PA 16127
* $ 86,342,000 8 $ 500,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 88,826,789,000 8 $ 920,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 2,337,646,000,000 8 $ 1,010,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 8 $ 550,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 486,004,220,000 7 $ 1,325,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 7 $ 815,000
Cnb Bank
1 S SECOND STREET
CLEARFIELD, PA 16830
* $ 3,740,508,000 6 $ 690,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ -1,000 6 $ 680,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 6 $ 1,120,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 5 $ 425,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 5 $ 505,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 5 $ 555,000
The One Federal Credit Union
300 ARCH STREET
MEADVILLE, PA 16335
* $ 76,407,000 5 $ 835,000
Union Savings Bank
8534 E KEMPER RD
CINCINNATI, OH 45249
* $ 3,079,626,000 5 $ 505,000
Victorian Finance, LLC
2570 BOYCE PLAZA ROAD
PITTSBURGH, PA 15241
* $ -1,000 5 $ 515,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 22,986,309,000 5 $ 365,000
Armco Credit Union
PO BOX 1589
BUTLER, PA 16003
* $ 365,974,000 4 $ 100,000
Better Mortgage Corporation
1 WORLD TRADE CENTER FL 80
NEW YORK, NY 10007
* $ -1,000 4 $ 360,000
S&T Bank
800 PHILADELPHIA STREET PO BOX 190
INDIANA, PA 15701
* $ 8,747,957,000 4 $ 590,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 4 $ 400,000
Flagstar Bank NA

TROY, MI 49098
* $ 23,234,514,000 4 $ 350,000
Wesbanco Bank, Inc.
1 BANK PLAZA
WHEELING, WV 26003
* $ 15,674,361,000 4 $ 350,000
Dollar Bank, FSB
#3 GATEWAY CENTER, SEVEN WEST
PITTSBURGH, PA 15222
* $ 9,043,235,000 4 $ 250,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 143,390,269,000 4 $ 330,000
West Penn Financial Service Center, Inc.
2250 BABCOCK BLVD
PITTSBURGH, PA 15237
* $ -1,000 3 $ 495,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 1,498,327,000 3 $ 325,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 3 $ 215,000
Affordable Mortgage Advisors
4640 CAMPBELLS RUN ROAD
PITTSBURGH, PA 15205
* $ -1,000 3 $ 465,000
Village Capital & Investment
2460 PASEO VERDE PKWY SUITE 100
HENDERSON, NV 89074
* $ -1,000 3 $ 355,000
State Financial Network LLC
5 HILLMAN DR
CHADDS FORD, PA 19317
* $ -1,000 3 $ 385,000
Marion Center Bank
1271 INDIAN SPRINGS RD
INDIANA, PA 15701
* $ 318,872,000 3 $ 635,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 464,504,000 3 $ 245,000
Towne Mortgage Company
888 WEST BIG BEAVER ROAD SUITE 310
TROY, MI 48084
* $ -1,000 3 $ 485,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,852,983,000,000 3 $ 155,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 461,256,000,000 3 $ 305,000
Erie Federal Credit Union
3503 PEACH STREET
ERIE, PA 16508
* $ 547,929,000 3 $ 375,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 2 $ 190,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 2,445,435,000 2 $ 170,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 24,774,361,000 2 $ 130,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ 1,289,704,000 2 $ 610,000
Top Flite Financial, Inc.
123 E GRAND RIVER AVE
WILLIAMSTON, MI 48895
* $ -1,000 2 $ 270,000
Enterprise Bank & Trust
150 N. MERAMEC AVE.
CLAYTON, MO 63105
* $ 7,293,396,000 2 $ 540,000
Ameriserv Financial Bank
216 FRANKLIN ST
JOHNSTOWN, PA 15901
* $ 1,156,426,000 2 $ 320,000
Ownerschoice Funding, Inc.
1021 WATERVLIET-SHAKER ROAD
ALBANY, NY 12203
* $ -1,000 2 $ 80,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 2 $ 200,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ -1,000 2 $ 310,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 2 $ 360,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 2 $ 130,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ -1,000 2 $ 300,000
Widget Federal Credit Union
2154 EAST LAKE RD
ERIE, PA 16511
* $ 315,074,000 2 $ 150,000
Equity Resources Inc
PO BOX 5177
NEWARK, OH 43055
* $ -1,000 2 $ 200,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 167,845,100,000 2 $ 150,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 2 $ 200,000
The Money Source Inc.
135 MAXESS ROAD
NEW YORK, NY 11747
* $ -1,000 2 $ 700,000
The Andover Bank
PO BOX 1300
ANDOVER, OH 44003
* $ 427,157,000 2 $ 80,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 2 $ 210,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 2 $ 160,000
Cornerstone Bank
9120 W 135TH ST
OVERLAND PARK, KS 66221
* $ 420,177,000 2 $ 280,000
Sovereign Lending Group Inc.

NEWPORT BEACH, CA 92660
* $ -1,000 2 $ 200,000
Texas Capital Bank, National Association
2000 MCKINNEY AVE SUITE 700
DALLAS, TX 75201
* $ 32,529,274,000 2 $ 270,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 2 $ 250,000
Jlb Corporation dba Golden Oak Lending
111 WESTPORT PLAZA, #1150
ST. LOUIS, MO 63146
* $ -1,000 2 $ 600,000
Digital Federal Credit Union
220 DONALD LYNCH BOULEVARD
MARLBOROUGH, MA 01752
* $ 9,361,090,000 1 $ 95,000
Prosperity Home Mortgage, LLC
14501 GEORGE CARTER WAY SUITE 300
CHANTILLY, VA 20151
* $ -1,000 1 $ 55,000
Citadel Federal Credit Union
520 EAGLEVIEW BLVD
EXTON, PA 19341
* $ 3,777,482,000 1 $ 135,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 1 $ 125,000
Homestead Funding Corp.
8 AIRLINE DRIVE
ALBANY, NY 12205
* $ -1,000 1 $ 215,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 335,000
Meridian Bank
9 OLD LINCOLN HIGHWAY
MALVERN, PA 19355
* $ 1,149,979,000 1 $ 105,000
Citizens & Northern Bank
PO BOX 58, ADMINISTRATION BUILDING
WELLSBORO, PA 16901
* $ 1,638,285,000 1 $ 155,000
Intercontinental Capital Group, Inc
50 JERICHO QUADRANGLE, SUITE 210
JERICHO, NY 11753
* $ -1,000 1 $ 365,000
Arc Home LLC

MOORESTOWN, NJ 08057
* $ -1,000 1 $ 85,000
Freedom Credit Uniton
626 JACKSONVILLE ROAD #250
WARMINSTER, PA 18974
* $ 997,441,000 1 $ 25,000
Luxury Mortgage Corp.
FOUR LANDMARK SQUARE SUITE 300
STAMFORD, CT 06901
* $ -1,000 1 $ 185,000
Standard Bank, Pasb
2640 MONROEVILLE BLVD
MONROEVILLE, PA 15146
* $ 983,562,000 1 $ 4,415,000
Lower, LLC
5950 SYMPHONY WOODS DRIVE
COLUMBIA, MD 21044
* $ -1,000 1 $ 105,000
Infirst Federal Credit Union
6462 LITTLE RIVER TURNPIKE
ALEXANDRIA, VA 22312
* $ 177,705,000 1 $ 35,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 604,528,000 1 $ 215,000
Sofi Mortgage, LLC
6175 MAIN STREET, SUITE 490
FRISCO, TX 75034
* $ -1,000 1 $ 95,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ -1,000 1 $ 135,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 1 $ 75,000
First National Bank of America
241 EAST SAGINAW
EAST LANSING, MI 48823
* $ 2,488,033,000 1 $ 25,000
Low VA Rates, LLC
384 SOUTH 400 WEST, #100
LINDON, UT 84042
* $ -1,000 1 $ 175,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 1 $ 135,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ -1,000 1 $ 175,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 1 $ 175,000
Waterstone Mortgage Corporation
17950 W CORPORATE DR STE 100
BROOKFIELD, WI 53045
* $ -1,000 1 $ 85,000
Mid-Continent Funding, Inc.
3401 W BROADWAY BUSINESS PARK CT STE 213
COLUMBIA, MO 65203
* $ -1,000 1 $ 235,000
Credit Union Mortgage Associat
10800 MAIN STREET
FAIRFAX, VA 22030
* $ -1,000 1 $ 65,000
Paramount Residential Mortgage
1265 CORONA POINTE CT SUITE 301
CORONA, CA 92879
* $ -1,000 1 $ 85,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 125,000
Midwest Loan Solutions, Inc.
29777 TELEGRAPH RD. SUITE 3580
SOUTHFIELD, MI 48034
* $ -1,000 1 $ 95,000
American Financial Network, Inc.
10 POINTE DRIVE, SUITE 330
BREA, CA 92821
* $ -1,000 1 $ 235,000
Brentwood Bank
411 MCMURRAY ROAD
BETHEL PARK, PA 15102
* $ 705,972,000 1 $ 585,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 1 $ 75,000
Sofi Lending Corp.
375 HEALDSBURG AVENUE, SUITE 280
SACRAMENTO, CA 95448
* $ -1,000 1 $ 105,000
Utilities Employees Credit Union
11 MERIDIAN BLVD
WYOMISSING, PA 19610
* $ 1,240,524,000 1 $ 65,000
Corning Credit Union
ONE CREDIT UNION PLAZA
CORNING, NY 14830
* $ 1,504,251,000 1 $ 85,000
Cityworth Mortgage LLC
11781 LEE JACKSON HIGHWAY
FAIRFAX, VA 22033
* $ -1,000 1 $ 115,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 1 $ 75,000
Texana Bank
124 E RUSH ST
LINDEN, TX 75563
* $ 217,610,000 1 $ 115,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 119,432,105,000 1 $ 95,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 1 $ 5,000
First Federal Bank
4705 US HWY 90 W
LAKE CITY, FL 32055
* $ 2,177,570,000 1 $ 245,000
Clearpath Lending
15615 ALTON PARKWAY SUITE 300
IRVINE, CA 92618
* $ -1,000 1 $ 165,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 1 $ 105,000
Members 1st FCU
5000 LOUISE DRIVE
ENOLA, PA 17025
* $ 4,614,909,000 1 $ 25,000
Tower Federal Credit Union
7901 SANDY SPRING ROAD
LAUREL, MD 20707
* $ 3,255,099,000 1 $ 115,000
Altoona First Savings Bank
203 N. LOGAN BOULEVARD
ALTOONA, PA 16602
* $ 233,490,000 1 $ 35,000
Sail Mortgage Corp

SEVEN FIELDS, PA 16046
* $ -1,000 1 $ 175,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 320,471,996,000 1 $ 25,000
The Cortland Savings and Banking Company
194 W. MAIN STREET
CORTLAND, OH 44410
* $ 733,844,000 1 $ 155,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 41,950,721,000 1 $ 45,000
Howard Hanna Financial Services, Inc
1000 GAMMA DRIVE
PITTSBURGH, PA 15238
* $ -1,000 1 $ 175,000
Finance of America Reverse LLC
8023 EAST 63RD PLACE, SUITE 700
TULSA, OK 74133
* $ -1,000 1 $ 45,000
Vandyk Mortgage Corporation
2449 CAMELOT CT SE
GRAND RAPIDS, MI 49546
* $ -1,000 1 $ 485,000
Freedom United Federal Credit Union
283 ADAMS STREET
ROCHESTER, PA 15074
* $ 65,808,000 1 $ 45,000
Figure Lending LLC

SAN FRANCISCO, CA 94108
* $ -1,000 1 $ 25,000
Spc Credit Union
P O BOX 1355 204 N FIFTH ST
HARTSVILLE, SC 29551
* $ 164,826,000 1 $ 25,000

The tables below break down 2020 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 2020

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 556 $61,300,000 $110,000 $565,000 $67,000 $883,000
Refinancing 470 $63,000,000 $134,000 $4,415,000 $83,000 $885,000
Cash-out Refinancing 213 $25,115,000 $117,000 $405,000 $85,000 $1,084,000
Home Improvement 160 $8,780,000 $54,000 $325,000 $81,000 $480,000
Other Purpose 127 $6,855,000 $53,000 $245,000 $120,000 $4,919,000
Not Applicable 23 $2,115,000 $91,000 $535,000 $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 1,261 $129,445,000 $102,000 $985,000 $75,000 $1,084,000
Not Provided 158 $17,980,000 $113,000 $335,000 $81,000 $885,000
Not applicable 106 $16,530,000 $155,000 $4,415,000 $57,000 $125,000
Hispanic 9 $1,355,000 $150,000 $345,000 $50,000 $65,000
Black or African American 8 $1,210,000 $151,000 $325,000 $458,000 $883,000
Asian 4 $250,000 $62,000 $115,000 $1,291,000 $4,919,000
American Indian or Alaskan Native 2 $280,000 $140,000 $225,000 $71,000 $96,000
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) 1,150 $117,790,000 $102,000 $4,415,000 $86,000 $4,919,000
FHA-insured (Federal Housing Administration) 156 $16,060,000 $102,000 $285,000 $54,000 $125,000
VA-guaranteed (Veterans Administration) 154 $25,330,000 $164,000 $565,000 $65,000 $174,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 89 $7,985,000 $89,000 $185,000 $46,000 $84,000

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 904 $101,840,000 $112,000 $4,415,000 $80,000 $1,084,000
Application Denied By Financial Institution 281 $26,045,000 $92,000 $965,000 $77,000 $4,919,000
Application Withdrawn By Applicant 158 $17,590,000 $111,000 $585,000 $86,000 $883,000
Loan Purchased By The Institution 111 $12,085,000 $108,000 $565,000 $97,000 $883,000
File Closed For Incompleteness 72 $7,230,000 $100,000 $265,000 $80,000 $480,000
Application Approved But Not Accepted 23 $2,375,000 $103,000 $255,000 $73,000 $217,000
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 1,196 $131,830,000 $110,000 $4,415,000 $81,000 $1,084,000
Debt-To-Income Ratio 133 $16,045,000 $120,000 $965,000 $66,000 $530,000
Credit History 89 $6,545,000 $73,000 $405,000 $116,000 $4,919,000
Collateral 72 $7,540,000 $104,000 $815,000 $78,000 $835,000
Other 20 $1,550,000 $77,000 $195,000 $62,000 $155,000
Credit Application Incomplete 17 $1,745,000 $102,000 $185,000 $52,000 $134,000
Unverifiable Information 9 $955,000 $106,000 $265,000 $61,000 $109,000
Employment History 8 $530,000 $66,000 $105,000 $19,000 $51,000
Insufficient Cash (Downpayment, Closing Cost) 5 $425,000 $85,000 $145,000 $48,000 $57,000
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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