Washington County, VA Mortgage Lenders & HMDA Data, 2014

In 2014, lenders reported 1,542 mortgage applications in Washington County, VA totaling $198.6 million, down 34% from 2013. The average application was for $128,000, and applicants reported an average income of $66,000. 53% of applications resulted in an originated loan and 23% were denied. The most active lender was Vanderbilt Mortgage and Finance, Inc, with 131 applications, followed by Eastman Credit Union and Highlands Union Bank.

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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 1,542
Total Mortgage Loan Application Amount $198,644,000
Average Mortgage Loan Application Amount $128,000
Highest Mortgage Loan Application Amount $842,000
Average Applicant Income $66,000
Highest Applicant Income $1,654,000

Mortgage Company List for Lending in Washington County, VA for 2014

* 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
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 131 $ 11,687,000
Eastman Credit Union
P.O. BOX 1989
KINGSPORT, TN 37662
* $ 2,841,126,000 129 $ 20,645,000
Highlands Union Bank
340 WEST MAIN STREET
ABINGDON, VA 24210
* $ 598,771,000 111 $ 10,901,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,373,600,000,000 106 $ 15,786,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 179,126,294,000 84 $ 7,495,000
First Bank and Trust Company
PO BOX 1000
ABINGDON, VA 24212
* $ 1,337,033,000 83 $ 9,852,000
The Bank of Marion
PO BOX 1067
MARION, VA 24354
* $ 352,362,000 63 $ 5,995,000
Trupoint Bank
20089 RIVERSIDE DR
GRUNDY, VA 24614
* $ 440,765,000 45 $ 3,190,000
Farm Credit of the Virginias, Aca
106 SANGERS LANE
STAUNTON, VA 24401
* $ 1,007,892,000,000 45 $ 6,846,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 39 $ 4,974,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 39 $ 6,143,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 116,608,550,000 31 $ 3,304,000
First Bank
PO BOX 508
TROY, NC 27371
* $ 3,184,673,000 31 $ 5,806,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 28 $ 3,185,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,433,716,000,000 27 $ 3,504,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,945,467,000,000 27 $ 3,460,000
Bank of North Carolina
3980 PREMIER DR. STE 150
HIGH POINT, NC 27265
* $ 3,227,841,000 20 $ 2,239,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 18 $ 2,213,000
Peoples Home Equity
5205 MARYLAND WAY SUITE 100
BRENTWOOD, TN 37027
* $ 1,065,000 18 $ 2,651,000
New Peoples Bank, Inc
PO BOX 1810
HONAKER, VA 24260
* $ 684,554,000 17 $ 1,388,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 14 $ 1,691,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 62,866,954,000 13 $ 2,551,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 12 $ 1,407,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,261,678,000 11 $ 1,600,000
National Bank of Blacksburg
P.O. BOX 90002
BLACKSBURG, VA 24060
* $ 1,107,992,000 11 $ 1,587,000
Virginia Federal Credit Union
PO BOX 90010
RICHMOND, VA 23225
* $ 2,545,895,000 11 $ 837,000
Alcova Mortgage, LLC
308 MARKET ST, SE
ROANOKE, VA 24011
* $ 710,000 11 $ 1,430,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 10 $ 2,247,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,346,747,000,000 10 $ 1,079,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 360,478,278,000 9 $ 1,442,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 171,261,678,000 8 $ 312,000
Carter Bank and Trust
PO BOX 3748
MARTINSVILLE, VA 24112
* $ 4,661,811,000 8 $ 529,000
Renasant Bank

JOHNS CREEK, GA 30097
* $ 5,733,100,000 7 $ 1,153,000
Lee Bank & Trust Company
P.O. BOX 100
PENNINGTON GAP, VA 24277
* $ 161,902,000 7 $ 657,000
South State Bank
520 GERVAIS STREET
COLUMBIA, SC 29201
* $ 7,933,259,000 6 $ 655,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ 5,889,539,000 5 $ 519,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 5 $ 871,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 168,648,000 5 $ 568,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 5 $ 616,000
Discover Home Loans, Inc
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 79,339,664,000 5 $ 1,122,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ 945,758,000 5 $ 662,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 5 $ 815,000
American Financial Resources LLC
9 SYLVAN WAY
PARSIPPANY, NJ 07054
* $ 10,000,000 4 $ 297,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 55,502,976,000 4 $ 1,042,000
First Horizon Bank
165 MADISON AVE 5TH FLOOR
MEMPHIS, TN 38103
* $ 23,556,814,000 4 $ 980,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 4 $ 482,000
Firstbank
1221 BROADWAY SUITE 1300
NASHVILLE, TN 37203
* $ 2,256,102,000 4 $ 763,000
Milend, Inc
375 NORTHRIDGE RD, SUITE 600
ALPHARETTA, GA 30009
* $ 10,000,000 4 $ 585,000
Woodforest National Bank
25231 GROGAN'S MILL ROAD
THE WOODLANDS, TX 77380
* $ 3,884,304,000 4 $ 578,000
Appalachian Community Federal Credit Union
5034 BOBBY HICKS HIGHWAY SUITE 2
JOHNSON CITY, TN 37615
* $ 169,878,000 4 $ 487,000
Allied Mortgage Group, Inc
225 E. CITY AVENUE, SUITE 102
BALA CYNWYD, PA 19004
* $ 10,000,000 3 $ 536,000
Access National Bank
1800 ROBERT FULTON DR
RESTON, VA 20191
* $ 846,686,000 3 $ 529,000
Capital Bank, NA
121 ALHAMBRA PLAZA, SUITE 1601
CORAL GABLES, FL 33134
* $ 6,619,863,000 3 $ 280,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 943,388,000 3 $ 625,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 3 $ 391,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ 52,388,000 3 $ 435,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 3 $ 412,000
Crescent Mortgage Company

MORGANTOWN, WV 26505
* $ 826,484,000 3 $ 532,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ 4,464,000 3 $ 461,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 3 $ 463,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 3 $ 507,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 16,840,840,000 3 $ 481,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 3 $ 328,000
Amwest Funding Corp
6 POINTE DRIVE, SUITE 300
BREA, CA 92821
* $ 10,000,000 2 $ 270,000
First Ciitizens Bank and Trust
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27603
* $ 20,857,559,000 2 $ 253,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 2 $ 138,000
Ditech Mortgage Corp
1100 VIRGINIA DRIVE, SUITE 100
FT. WASHINGTON, PA 19034
* $ 5,720,000 2 $ 365,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 17,638,918,000 2 $ 136,000
Royal United Mortgage LLC
7999 KNUE RD. STE 300
INDIANAPOLIS, IN 46256
* $ 1,000,000,000 2 $ 154,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 2 $ 242,000
Roundpoint Mortgage Company
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 2 $ 800,000
Bank of Tennessee
301 E. CENTER ST.
KINGSPORT, TN 37660
* $ 908,779,000 2 $ 318,000
First Bank of Charleston, Inc.
201 PENNSYLVANIA AVE
CHARLESTON, WV 25302
* $ 206,219,000 2 $ 544,000
Powell Valley National Bank
33785 MAIN STREET
JONESVILLE, VA 24263
* $ 245,656,000 2 $ 637,000
Union Mortgage Group, Inc.
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 4,155,026,000 2 $ 454,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,361,206,000 2 $ 641,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 2 $ 419,000
Sierra Pacific Mortgage Co. Inc
1180 IRON POINT RD, SUITE 200
FOLSOM, CA 95630
* $ 10,000,000 2 $ 571,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ 10,000,000 2 $ 305,000
Tidewater Mortgage Services, Inc
200 GOLDEN OAK COURT STE. 100
VIRGINIA BEACH, VA 26452
* $ 100,000,000 2 $ 314,000
Atlantic Bay Mortgage Group
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ 10,000,000 2 $ 191,000
Citizens Bank
PO BOX 1900
ELIZABETHTON, TN 37644
* $ 638,724,000 2 $ 203,000
Northwest Federal Credit Union
220 SPRING STREET
HERNDON, VA 20170
* $ 2,582,482,000 2 $ 520,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 2 $ 416,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 299,620,000 2 $ 524,000
Severn Savings Bank, FSB dba Severn Bank
200 WESTGATE CIRCLE SUITE 200
ANNAPOLIS, MD 21401
* $ 795,337,000 2 $ 353,000
Admirals Bank
15 PARK ROW WEST
PROVIDENCE, RI 02903
* $ 577,338,000 2 $ 50,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,596,388,000 1 $ 66,000
Nationwide Bank
ONE NATIONWIDE PLAZA
COLUMBUS, OH 43215
* $ 5,573,160,000 1 $ 10,000
Townebank
5716 HIGH STREET WEST
PORTSMOUTH, VA 23703
* $ 4,672,997,000 1 $ 215,000
United Southeast FCU
1545 BLUFF CITY HWY
BRISTOL, TN 37620
* $ 146,512,000 1 $ 112,000
First Community Bank
809 W MAIN STREET
ROGERSVILLE, TN 37857
* $ 180,259,000 1 $ 180,000
Reverse Mortgage Solutions Inc
14405 WALTERS RD SUITE 200
HOUSTON, TX 77014
* $ 10,978,000 1 $ 46,000
American Equity Mortgage, Inc.
11933 WESTLINE INDUSTRIAL DRIVE
SAINT LOUIS, MO 63146
* $ 10,000,000 1 $ 259,000
Gateway Funding Dms, LP
300 WELSH ROAD, BUILDING 5
HORSHAM, PA 19044
* $ 10,000,000 1 $ 130,000
Homebridge Financial Services, Inc
194 WOOD AVE S, 9TH FLOOR
ISELIN, NJ 08830
* $ 10,000,000 1 $ 79,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 1 $ 258,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 1 $ 120,000
Ranlife, Inc.
9272 S. 700 E.
SANDY, UT 84070
* $ 3,304,000 1 $ 99,000
Security Federal Bank
632 E ELK AVENUE
ELIZABETHTON, TN 37643
* $ 56,186,000 1 $ 85,000
Alliant Credit Union
11545 W TOUHY
CHICAGO, IL 60666
* $ 8,151,987,000 1 $ 273,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,161,463,000 1 $ 255,000
Envoy Mortgage, Ltd
10496 KATY FWY STE 250
HOUSTON, TX 77024
* $ 10,000,000 1 $ 110,000
Residential Home Funding Corp.
707 WESTCHESTER AVENUE, SUITE 305
WHITE PLAINS, NY 10604
* $ 10,000,000 1 $ 172,000
Polaris Home Funding Corp.
151 44TH ST. SW
GRANDVILLE, MI 49418
* $ 10,000,000 1 $ 138,000
Homesite Mortgage, LLC
222 S MAIN ST STE 106
ROCHESTER, MI 48307
* $ 6,646,000 1 $ 111,000
Legacybank
20957 RIVERSIDE DRIVE
GRUNDY, VA 24614
* $ 320,402,000 1 $ 60,000
Capital Center LLC
4510 COX ROAD STE 402
GLEN ALLEN, VA 23060
* $ 10,000,000 1 $ 263,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ 14,200,000 1 $ 187,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ 10,000,000 1 $ 323,000
Emm Loans LLC
3 EXECUTIVE CAMPUS, SUITE 520
CHERRY HILL, NJ 08003
* $ 10,000,000 1 $ 224,000
Barrons Mortgage Group Ltd
3325 SOUTH TRYON STREET
CHARLOTTE, NC 28217
* $ 6,353,000 1 $ 220,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ 10,000,000 1 $ 180,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ 10,000,000 1 $ 310,000
Cityworth Mortgage LLC
11781 LEE JACKSON HIGHWAY
FAIRFAX, VA 22033
* $ 1,400,000,000 1 $ 186,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 1 $ 69,000
Homepromise Corporation
60 S WASHINGTON ST, STE 106
GREENCASTLE, PA 17225
* $ 100,000,000 1 $ 150,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ 10,000,000 1 $ 202,000
First Community Mortgage, Inc.
275 ROBERT ROSE DRIVE
MURFREESBORO, TN 37129
* $ 10,000,000 1 $ 112,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 1 $ 111,000
Coastal States Mortgage, Inc.
5 BOW CIRCLE
HILTON HEAD ISLAND, SC 29928
* $ 10,000,000 1 $ 343,000
Stellarone Bank
1051 EAST CARY STREET, SUITE 1200
RICHMOND, VA 23219
* $ 3,061,932,000 1 $ 127,000
Citizens State Bank
13840 W. NEWBERRY RD
NEWBERRY, FL 32669
* $ 191,437,000 1 $ 7,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 1 $ 160,000
Trisummit Bank
422 BROAD STREET
KINGSPORT, TN 37660
* $ 251,585,000 1 $ 30,000
Mountain Commerce Bank
121 BOONE RIDGE DRIVE, SUITE 2002
JOHNSON CITY, TN 37615
* $ 324,292,000 1 $ 212,000
Lafayette Federal Credit Union
2701 TOWER OAKS BLVD.,
ROCKVILLE, MD 20852
* $ 369,761,000 1 $ 16,000
First Community Bank
29 COLLEGE DR
BLUEFIELD, VA 24605
* $ 2,575,113,000 1 $ 325,000
Hamilton National Mortgage Company
1275 DRUMMERS LANE
WAYNE, PA 19087
* $ 10,000,000 1 $ 384,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 188,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ 10,000,000 1 $ 76,000
Community Trust Bank, Inc.
346 NORTH MAYO TRAIL
PIKEVILLE, KY 41502
* $ 3,559,631,000 1 $ 103,000
First Century Bank, Inc.
P.O. BOX 1559, 500 FEDERAL STREET
BLUEFIELD, WV 24701
* $ 412,191,000 1 $ 450,000
Click N' Close, Inc.
15301 SPECTRUM DRIVE, SUITE 405
ADDISON, TX 75001
* $ 11,000,000 1 $ 170,000
Meadowbrook Financial Mortgage Bankers Corp.
1600 STEWART AVE.; SUITE 701
WESTBURY, NY 11590
* $ 10,000,000 1 $ 176,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ 10,000,000 1 $ 192,000
UBS Bank USA
299 S. MAIN ST
SALT LAKE CITY, UT 84111
* $ 45,602,567,000 1 $ 235,000
Fifth Third Mortgage Company
5001 KINGSLEY DRIVE MD 1MOB2W
CINCINNATI, OH 45227
* $ 127,428,329,000 1 $ 199,000
Military Family Home Loans, Ll
100 N MAIN STREET MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 1,102,281,049,000 1 $ 54,000
BNY Mellon, N.A.

BOSTON, MA 02108
* $ 17,765,526,000 1 $ 600,000
State Employees' Credit Union
P.O. DRAWER 25279
RALEIGH, NC 27611
* $ 27,107,074,000 1 $ 104,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 15,766,346,000 1 $ 45,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ 100,247,000 1 $ 141,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 62,915,596,000 1 $ 70,000
BMO Harris Bank NA
111 W. MONROE
CHICAGO, IL 60606
* $ 91,286,152,000 1 $ 250,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,763,439,000 1 $ 58,000

The tables below break down 2014 mortgage applications in Washington County, VA by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Washington County, VA in 2014

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 701 $95,969,000 $136,000 $842,000 $66,000 $1,654,000
Refinancing 684 $95,255,000 $139,000 $840,000 $67,000 $668,000
Home Improvement 157 $7,420,000 $47,000 $400,000 $64,000 $315,000

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 1,298 $163,368,000 $125,000 $842,000 $68,000 $1,654,000
Not Provided 117 $17,571,000 $150,000 $568,000 $76,000 $405,000
Not applicable 83 $11,250,000 $135,000 $371,000 $22,000 $325,000
Black or African American 17 $2,354,000 $138,000 $350,000 $64,000 $152,000
Hispanic 17 $2,870,000 $168,000 $519,000 $83,000 $180,000
Asian 5 $661,000 $132,000 $216,000 $56,000 $91,000
American Indian or Alaskan Native 4 $350,000 $87,000 $149,000 $40,000 $89,000
Native Hawaiian or Other Pacific Islander 1 $220,000 $220,000 $220,000 $123,000 $123,000

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) 1,207 $151,173,000 $125,000 $842,000 $71,000 $1,654,000
FHA-insured (Federal Housing Administration) 176 $22,386,000 $127,000 $276,000 $47,000 $480,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 80 $9,377,000 $117,000 $294,000 $31,000 $112,000
VA-guaranteed (Veterans Administration) 79 $15,708,000 $198,000 $766,000 $67,000 $400,000

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 823 $105,046,000 $127,000 $842,000 $74,000 $805,000
Application Denied By Financial Institution 350 $40,438,000 $115,000 $766,000 $56,000 $1,654,000
Application Withdrawn By Applicant 133 $21,963,000 $165,000 $840,000 $75,000 $405,000
Loan Purchased By The Institution 122 $17,307,000 $141,000 $371,000 $36,000 $325,000
Application Approved But Not Accepted 80 $9,335,000 $116,000 $540,000 $60,000 $244,000
File Closed For Incompleteness 34 $4,555,000 $133,000 $281,000 $80,000 $600,000
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 69 $6,997,000 $101,000 $428,000 $63,000 $480,000
Debt-To-Income Ratio 42 $5,558,000 $132,000 $540,000 $37,000 $122,000
Collateral 41 $5,081,000 $123,000 $550,000 $62,000 $172,000
Credit Application Incomplete 17 $2,212,000 $130,000 $225,000 $162,000 $1,654,000
Other 13 $1,303,000 $100,000 $258,000 $63,000 $128,000
Unverifiable Information 4 $619,000 $154,000 $302,000 $55,000 $102,000
Insufficient Cash (Downpayment, Closing Cost) 4 $686,000 $171,000 $471,000 $47,000 $102,000
Employment History 3 $340,000 $113,000 $160,000 $41,000 $58,000
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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