Williamsburg County, SC Mortgage Lenders & HMDA Data, 2022

In 2022, lenders reported 778 mortgage applications in Williamsburg County, SC totaling $103.8 million, down 23% from 2021. The average application was for $133,000, and applicants reported an average income of $67,000. 28% of applications resulted in an originated loan and 37% were denied. The most active lender was 21st Mortgage, with 204 applications, followed by Vanderbilt Mortgage and Finance, Inc and First Ciitizens Bank and Trust.

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Download a formatted spreadsheet with aggregated HMDA statistics for all lenders based in South Carolina.
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 778
Total Mortgage Loan Application Amount $103,810,000
Average Mortgage Loan Application Amount $133,000
Highest Mortgage Loan Application Amount $1,965,000
Average Applicant Income $67,000
Highest Applicant Income $1,356,000

Mortgage Company List for Lending in Williamsburg County, SC for 2022

* 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
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ -1,000 204 $ 22,630,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ -1,000 95 $ 10,115,000
First Ciitizens Bank and Trust
4300 SIX FORKS ROAD FCC 21
RALEIGH, NC 27603
* $ 58,215,736,000 25 $ 3,395,000
Triad Financial Services, Inc.
13901 SUTTON PARK DRIVE SOUTH, SUITE 300
JACKSONVILLE, FL 32224
* $ -1,000 24 $ 3,780,000
Newrez LLC

FORT WASHINGTON, PA 19034
* $ -1,000 16 $ 2,020,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ -1,000 16 $ 3,010,000
Southstate Bank, National Association
1101 1ST STREET SOUTH
WINTER HAVEN, FL 33880
* $ 41,822,249,000 15 $ 1,725,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ -1,000 13 $ 2,205,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ -1,000 12 $ 2,410,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,779,504,000,000 12 $ 1,860,000
Finance of America Mortgage LLC
300 WELSH ROAD BUILDING 5
WILMINGTON, DE 19044
* $ -1,000 11 $ 1,495,000
Carrington Mortgage Services LLC
500 NORTH STATE COLLEGE BOULEVARD SUITES 1030, 1300 AND 1400
ORANGE, CA 92868
* $ -1,000 10 $ 1,240,000
Discover Bank
12 READS WAY
GREENWOOD, DE 19950
* $ 108,342,526,000 10 $ 800,000
Countryplace Mortgage, Ltd.

PLANO, TX 75024
* $ -1,000 10 $ 1,460,000
Movement Mortgage, LLC
8024 CALVIN HALL ROAD
INDIAN LAND, SC 29707
* $ -1,000 9 $ 1,735,000
New American Funding, Llc.
14511 MYFORD ROAD, SUITE 100
TUSTIN, CA 92780
* $ -1,000 8 $ 1,000,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ -1,000 8 $ 910,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ -1,000 7 $ 1,045,000
The Citizens Bank
124 E. MAIN STREET
OLANTA, SC 29114
* $ 792,021,000 7 $ 655,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ -1,000 6 $ 940,000
First Reliance Bank
2170 W PALMETTO ST
FLORENCE, SC 29501
* $ 908,003,000 6 $ 930,000
Southwest Stage Funding LLC
2290 E YEAGER DR SUITE 250
CHANDLER, AZ 85286
* $ -1,000 5 $ 685,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ -1,000 5 $ 725,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ -1,000 5 $ 675,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ -1,000 5 $ 945,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ -1,000 5 $ 715,000
TD Bank

MOUNT LAUREL, NJ 08054
* $ 423,958,417,000 5 $ 395,000
American Financing Corporation
3045 S PARKER RD BUILDING B
AURORA, CO 80014
* $ -1,000 5 $ 285,000
Citizens Bank, NA
ONE CITIZENS PLAZA
PROVIDENCE, RI 02903
* $ 188,069,637,000 4 $ 760,000
South Carolina Federal Credit
6265 RIVERS AVENUE
NORTH CHARLESTON, SC 29406
* $ 2,427,521,000 4 $ 270,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 153,432,983,000 4 $ 770,000
Equity Resources Inc
PO BOX 5177
NEWARK, OH 43055
* $ -1,000 4 $ 620,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 162,193,000,000 4 $ 440,000
United Wholesale Mortgage
40600 ANN ARBOR RD E STE 201
PLYMOUTH, MI 48170
* $ -1,000 4 $ 910,000
Go Mortgage, LLC

COLUMBUS, OH 43219
* $ -1,000 4 $ 1,000,000
Tammac Holdings Corporation
480 SWEDESFORD ROAD SUITE 200
WAYNE, PA 19087
* $ -1,000 3 $ 465,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ -1,000 3 $ 405,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 528,514,000,000 3 $ 275,000
Secured Investment Corp
701 E FRONT AVE
COEUR D'ALENE, ID 83814
* $ -1,000 3 $ 395,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ -1,000 3 $ 505,000
Pinnacle Bank
150 3RD AVE SOUTH
NASHVILLE, TN 37203
* $ 38,275,134,000 3 $ 2,025,000
Synovus Bank
PO BOX 120
COLUMBUS, GA 31902
* $ 57,224,306,000 3 $ 205,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ -1,000 3 $ 385,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 3,348,940,000 3 $ 685,000
Crosscountry Mortgage, LLC
2160 SUPERIOR AVENUE
CLEVELAND, OH 44114
* $ -1,000 3 $ 365,000
Sc State Credit Union
800 HUGER STREET
COLUMBIA, SC 29201
* $ 1,279,956,000 3 $ 175,000
Kiavi Funding, Inc.
315 MONTGOMERY STREET 16TH FLOOR
SAN FRANCISCO, CA 94104
* $ -1,000 3 $ 205,000
T2 Financial LLC
480 OLDE WORTHINGTON RD SUITE 300
WESTERVILLE, OH 43082
* $ -1,000 3 $ 465,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 3,655,190,000 3 $ 395,000
Amerihome Mortgage Company, LLC
1 BAXTER WAY SUITE 300
THOUSAND OAKS, CA 91362
* $ -1,000 3 $ 635,000
South Atlantic Bank
PO BOX 70130
MYRTLE BEACH, SC 29572
* $ 1,228,535,000 2 $ 440,000
Network Capital Funding Corporation
7700 IRVINE CENTER DRIVE #300
IRVINE, CA 92618
* $ -1,000 2 $ 150,000
1st Signature Lending, LLC
9800 CROSSPOINT BLVD.
INDIANAPOLIS, IN 46256
* $ -1,000 2 $ 740,000
Churchill Mortgage Corporation
761 OLD HICKORY BLVD SUITE 400
BRENTWOOD, TN 37027
* $ -1,000 2 $ 230,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ -1,000 2 $ 440,000
Ruoff Mortgage Company
1700 MAGNAVOX WAY SUITE 220
FORT WAYNE, IN 46804
* $ -1,000 2 $ 270,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 2,519,525,000,000 2 $ 190,000
McLean Mortgage Corporation
11325 RANDOM HILLS RD. SUITE 400
FAIRFAX, VA 22030
* $ -1,000 2 $ 340,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ -1,000 2 $ 300,000
Bay Equity LLC

DETROIT, MI 48226
* $ -1,000 2 $ 250,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ -1,000 2 $ 130,000
Planet Home Lending, LLC
321 RESEARCH PARKWAY SUITE 303
MERIDEN, CT 06450
* $ -1,000 2 $ 240,000
The Mortgage Firm
921 DOUGLAS AVENUE, SUITE 200
ALTAMONTE SPRINGS, FL 32714
* $ -1,000 2 $ 370,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ -1,000 2 $ 300,000
Thrive Mortgage, LLC
4819 WILLIAMS DRIVE
CARROLLTON, TX 78633
* $ -1,000 2 $ 130,000
Anderson Brothers Bank
101 N MAIN STREET
MULLINS, SC 29574
* $ 1,410,854,000 2 $ 230,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 3,306,982,000,000 2 $ 200,000
Atlanta Postal Credit Union
1605 BOGGS ROAD
ATLANTA, GA 30354
* $ 2,565,203,000 2 $ 170,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 551,902,526,000 2 $ 90,000
Reliance First Capital, LLC
201 OLD COUNTRY ROAD SUITE 205
MELVILLE, NY 11747
* $ -1,000 2 $ 260,000
Carolina One Mortgage, LLC

FORT WASHINGTON, PA 19034
* $ -1,000 2 $ 310,000
Lendingone LLC
901 YAMATO RD #150
BOCA RATON, FL 33431
* $ -1,000 2 $ 10,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 32,520,025,000 2 $ 160,000
Resource Financial Services, Inc.
2717 DEVINE STREET
COLUMBIA, SC 29201
* $ -1,000 2 $ 450,000
Newrez Ventures LLC
4000 W. BROWN DEER ROAD
SPRINGFIELD, IL 53209
* $ -1,000 2 $ 240,000
American Advisors Group
3800 W.CHAPMAN SUITE 300
ORANGE, CA 92868
* $ -1,000 2 $ 30,000
Csl Financial, LLC
500 OFFICE PARK DRIVE SUITE 310
BIRMINGHAM, AL 35223
* $ -1,000 2 $ 240,000
Midland Mortgage Corporation
1500 RICHLAND STREET
COLUMBIA, SC 29201
* $ -1,000 2 $ 200,000
American Security Mortgage Cor
2101 REXFORD RD. SUITE 100E
CHARLOTTE, NC 28207
* $ -1,000 2 $ 530,000
Paramount Bank
90 VILLAGE SQUARE SHOPPING CENTER
HAZELWOOD, MO 63042
* $ 153,010,000 2 $ 710,000
United Community Bank
PO BOX 398
GREENVILLE, SC 29601
* $ 20,897,645,000 2 $ 540,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 154,617,469,000 2 $ 260,000
Calcon Mutual Mortgage LLC
3131 CAMINO DEL RIO N SUITE 1680
SAN DIEGO, CA 92108
* $ -1,000 1 $ 145,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 2,177,145,000 1 $ 195,000
Summit Funding.Inc
2135 BUTANO DRIVE SUITE 150
SACRAMENTO, CA 95825
* $ -1,000 1 $ 195,000
Alpha Mortgage Corporation
1013 ASHES DRIVE
WILMINGTON, NC 28405
* $ -1,000 1 $ 135,000
Spring Eq, LLC
1 WEST ELM STREET SUITE 450
CONSHOHOCKEN, PA 19428
* $ -1,000 1 $ 65,000
Northpointe Bank
3333 DEPOSIT DRIVE NE
GRAND RAPIDS, MI 49546
* $ 4,726,840,000 1 $ 205,000
Capital Center LLC
4510 COX ROAD STE 402
GLEN ALLEN, VA 23060
* $ -1,000 1 $ 315,000
Gold Star Mortgage Financial Group, Corporation
2350 GREEN ROAD SUITE 100B
ANN ARBOR, MI 48105
* $ -1,000 1 $ 145,000
Amerifirst Financial, Inc.
1550 E. MCKELLIPS RD, SUITE 117
MESA, AZ 85203
* $ -1,000 1 $ 115,000
The Conway National Bank
1400 3RD AVENUE
CONWAY, SC 29526
* $ 1,809,474,000 1 $ 35,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ -1,000 1 $ 125,000
Keystone Funding, Inc
519 S RED HAVEN LN
DOVER, DE 19901
* $ -1,000 1 $ 255,000
Sun West Mortgage Company, Inc
18000 STUDEBAKER ROAD, SUITE 200
CERRITOS, CA 90703
* $ -1,000 1 $ 75,000
Assurance Financial Group, L.L.C.
9029 JEFFERSON HIGHWAY SUITE 100
BATON ROUGE, LA 70809
* $ -1,000 1 $ 315,000
Guaranteed Rate Affinity, LLC
1800 WEST LARCHMONT AVE
CHICAGO, IL 60613
* $ -1,000 1 $ 65,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 32,127,026,000 1 $ 85,000
Ally Bank

CHARLOTTE, NC 28202
* $ 172,820,000,000 1 $ 225,000
Consumer Real Estate Finance Co dba Society Mortgage
330 SW 2ND ST #111
FORT LAUDERDALE, FL 33312
* $ -1,000 1 $ 115,000
Shelter Home Mortgage, LLC

FORT WASHINGTON, PA 19034
* $ -1,000 1 $ 85,000
Founders Federal Credit Union
737 PLANTATION ROAD
LANCASTER, SC 29720
* $ 3,596,409,000 1 $ 45,000
Mortgage Investors Group
501 JAMES ROBERTSON PARKWAY
NASHVILLE, TN 37219
* $ -1,000 1 $ 115,000
Hometrust Bank
PO BOX 10
ASHEVILLE, NC 28802
* $ 3,502,617,000 1 $ 5,000
Equity Prime Mortgage LLC
5 CONCOURSE PKWY, STE 2250
ATLANTA, GA 30328
* $ -1,000 1 $ 145,000
Total Quality Financial Inc

CARMEL, IN 46032
* $ -1,000 1 $ 295,000
Northcountry Federal Credit Union
PO BOX 64709
BURLINGTON, VT 05406
* $ 897,680,000 1 $ 175,000
Mc Federal Credit Union
230 WALNUT ST
DANVILLE, PA 17821
* $ 1,534,351,000 1 $ 75,000
Keybank National Association
127 PUBLIC SQUARE
CLEVELAND, OH 44114
* $ 183,977,708,000 1 $ 35,000
Goodleap, LLC
8781 SIERRA COLLEGE BLVD
ROSEVILLE, CA 95661
* $ -1,000 1 $ 135,000
Tidewater Mortgage Services, Inc
200 GOLDEN OAK COURT STE. 100
VIRGINIA BEACH, VA 26452
* $ -1,000 1 $ 95,000
State Employees' Credit Union
P.O. DRAWER 25279
RALEIGH, NC 27611
* $ 51,653,025,000 1 $ 265,000
Home Point Financial Corporation
1194 OAK VALLEY DRIVE, SUITE 80
ANN ARBOR, MI 48108
* $ -1,000 1 $ 305,000
Mutual of Omaha Mortgage

LOMBARD, IL 60148
* $ -1,000 1 $ 85,000
Leaderone Financial Corp.
7500 COLLEGE BLVD SUITE 1150
OVERLAND PARK, KS 66210
* $ -1,000 1 $ 95,000
First Florida Credit Union
500 WEST 1ST STREET
JACKSONVILLE, FL 32202
* $ 1,319,070,000 1 $ 135,000
Mortgage Solutions of Colorado
7450 CAMPUS DRIVE SUITE 200
COLORADO SPRINGS, CO 80920
* $ -1,000 1 $ 75,000
Atlantic Bay Mortgage Group
596 LYNNHAVEN PARKWAY SUITE 200
VIRGINIA BEACH, VA 23452
* $ -1,000 1 $ 265,000
Intercoastal Mortgage, LLC
11911 FREEDOM DRIVE SUITE 500
RESTON, VA 20190
* $ -1,000 1 $ 155,000
Centier Bank
600 E 84TH AVENUE
MERRILLVILLE, IN 46410
* $ 6,193,839,000 1 $ 215,000
Gateway First Bank
244 SOUTH GATEWAY PLACE
JENKS, OK 74037
* $ 1,879,005,000 1 $ 165,000
Panorama Mortgage Group, LLC
350 RAMPART BOULEVARD SUITE 310
LAS VEGAS, NV 89113
* $ -1,000 1 $ 115,000
Members Cooperative Credit Union
4628 MIKE COLALILLO DR
DULUTH, MN 55816
* $ 1,064,401,000 1 $ 175,000
Wyndham Capital Mortgage, Inc.
6115 PARK SOUTH DRIVE, STE 200
RALEIGH, NC 28210
* $ -1,000 1 $ 235,000
Purdue Federal CU
1551 WIN HENTSCHEL BLVD., PO BOX 2433
WEST LAFAYETTE, IN 47906
* $ 1,761,471,000 1 $ 5,000
Premier Lending Inc.

CHARLOTTE, NC 28277
* $ -1,000 1 $ 105,000
American Neighborhood Mortgage Acceptance Company
700 EAST GATE DRIVE, SUITE 400
MT. LAUREL, NJ 08054
* $ -1,000 1 $ 225,000
Carolina Bank
3037 W PALMETTO ST
FLORENCE, SC 29501
* $ 749,136,000 1 $ 105,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ -1,000 1 $ 205,000
Atlantic Coast Mortgage, LLC
4100 MONUMENT CORNER DRIVE, SUITE 300
FAIRFAX, VA 22030
* $ -1,000 1 $ 145,000
Homestar Financial Corporation
332 WASHINGTON STREET, NW
PEACHTREE CORNERS, GA 30501
* $ -1,000 1 $ 115,000
Angel Oak Mortgage Solutions LLC
980 HAMMOND DRIVE, SUITE 850
ATLANTA, GA 30328
* $ -1,000 1 $ 105,000
First Savings Bank
501 E. LEWIS & CLARK PARKWAY
JEFFERSONVILLE, IN 47130
* $ 1,758,936,000 1 $ 355,000
Carolina Trust Federal Credit Union
1010 21ST AVENUE NORTH
MYRTLE BEACH, SC 29577
* $ 370,824,000 1 $ 205,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ -1,000 1 $ 165,000
Nations Direct Mortgage, LLC
2475 VILLAGE VIEW DRIVE SUITE 100
HENDERSON, NV 89074
* $ -1,000 1 $ 135,000
Ark-La-Tex Financial Services LLC
5160 TENNYSON PKWY STE 1000
PLANO, TX 75024
* $ -1,000 1 $ 175,000
Fifth Third Bank, National Association
38 FOUNTAIN SQUARE MD1090K1
CINCINNATI, OH 45263
* $ 209,696,785,000 1 $ 25,000
Mortgage Equity Partners LLC
220 BROADWAY SUITE 205
LYNNFIELD, MA 01940
* $ -1,000 1 $ 235,000
Flagstar Bank NA

TROY, MI 49098
* $ 16,855,693,000 1 $ 55,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ -1,000 1 $ 175,000

The tables below break down 2022 mortgage applications in Williamsburg County, SC by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Williamsburg County, SC in 2022

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 559 $74,965,000 $134,000 $515,000 $64,000 $1,356,000
Cash-out Refinancing 105 $14,925,000 $142,000 $645,000 $65,000 $183,000
Refinancing 64 $9,810,000 $153,000 $1,965,000 $96,000 $887,000
Home Improvement 24 $1,740,000 $72,000 $255,000 $78,000 $374,000
Other Purpose 22 $2,020,000 $91,000 $205,000 $60,000 $134,000
Not Applicable 4 $350,000 $87,000 $145,000 $36,000 $36,000

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
Black or African American 378 $43,690,000 $115,000 $415,000 $57,000 $260,000
White 266 $39,720,000 $149,000 $1,965,000 $77,000 $1,356,000
Not Provided 68 $11,330,000 $166,000 $645,000 $79,000 $744,000
Not applicable 50 $6,640,000 $132,000 $395,000 $36,000 $36,000
Hispanic 8 $1,270,000 $158,000 $425,000 $64,000 $109,000
American Indian or Alaskan Native 8 $1,160,000 $145,000 $515,000 $70,000 $127,000
Asian 0 $0 $0 $0 $0 $0
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) 595 $73,225,000 $123,000 $1,965,000 $68,000 $1,356,000
FHA-insured (Federal Housing Administration) 111 $16,315,000 $146,000 $425,000 $56,000 $239,000
VA-guaranteed (Veterans Administration) 54 $11,930,000 $220,000 $645,000 $76,000 $183,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 18 $2,340,000 $130,000 $195,000 $49,000 $110,000

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
Application Denied By Financial Institution 291 $33,565,000 $115,000 $375,000 $62,000 $1,356,000
Loan Originated 215 $33,225,000 $154,000 $1,965,000 $73,000 $887,000
Application Withdrawn By Applicant 98 $14,090,000 $143,000 $475,000 $66,000 $374,000
File Closed For Incompleteness 98 $11,930,000 $121,000 $325,000 $64,000 $260,000
Loan Purchased By The Institution 40 $5,710,000 $142,000 $315,000 $52,000 $93,000
Application Approved But Not Accepted 33 $4,735,000 $143,000 $295,000 $78,000 $194,000
Preapproval Approved but not Accepted 2 $530,000 $265,000 $345,000 $125,000 $198,000
Preapproval Denied by Financial Institution 1 $25,000 $25,000 $25,000 $84,000 $84,000

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 475 $69,155,000 $145,000 $1,965,000 $71,000 $887,000
Credit History 148 $15,400,000 $104,000 $265,000 $64,000 $1,356,000
Debt-To-Income Ratio 81 $9,825,000 $121,000 $245,000 $42,000 $185,000
Unverifiable Information 23 $2,165,000 $94,000 $175,000 $61,000 $139,000
Collateral 18 $2,380,000 $132,000 $255,000 $65,000 $182,000
Credit Application Incomplete 12 $1,880,000 $156,000 $375,000 $73,000 $143,000
Other 9 $1,185,000 $131,000 $215,000 $134,000 $744,000
Insufficient Cash (Downpayment, Closing Cost) 9 $1,375,000 $152,000 $225,000 $71,000 $151,000
Employment History 3 $445,000 $148,000 $165,000 $51,000 $60,000
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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