Woodbury County, IA Mortgage Lenders & HMDA Data, 2014

In 2014, lenders reported 3,535 mortgage applications in Woodbury County, IA totaling $351.4 million, down 25% from 2013. The average application was for $99,000, and applicants reported an average income of $63,000. 62% of applications resulted in an originated loan and 19% were denied. The most active lender was Wells Fargo Bank NA, with 492 applications, followed by The Security National Bank of Sioux City, Iowa and Siouxland Federal Credit Union.

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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 3,535
Total Mortgage Loan Application Amount $351,375,000
Average Mortgage Loan Application Amount $99,000
Highest Mortgage Loan Application Amount $1,582,000
Average Applicant Income $63,000
Highest Applicant Income $1,878,000

Mortgage Company List for Lending in Woodbury County, IA 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
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,373,600,000,000 492 $ 47,031,000
The Security National Bank of Sioux City, Iowa
601 PIERCE STREET
SIOUX CITY, IA 51101
* $ 834,287,000 271 $ 19,680,000
Siouxland Federal Credit Union
3000 PLAZA DRIVE
SO SIOUX CITY, NE 68776
* $ 150,753,000 214 $ 13,562,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 360,478,278,000 187 $ 17,972,000
Great Southern Bank
218 S GLENSTONE AVE
SPRINGFIELD, MO 65802
* $ 3,556,442,000 141 $ 11,658,000
Stonegate Mortgage Corporation
9190 PRIORITY WAY WEST DRIVE
INDIANAPOLIS, IN 46240
* $ 10,000,000 131 $ 14,993,000
Northwest Bank
705 GRAND AVE.
SPENCER, IA 51301
* $ 1,334,434,000 129 $ 13,522,000
Central Bank
600 LAKE AVENUE
STORM LAKE, IA 50588
* $ 654,394,000 124 $ 15,684,000
Primebank
37 1ST AVE NW
LE MARS, IA 51031
* $ 331,183,000 110 $ 12,502,000
Nationwide Advantage Mortgage
1100 LOCUST ST
DES MOINES, IA 50391
* $ 31,000,000 103 $ 10,491,000
Iowa Bankers Mortgage Corporation
8800 NW 62ND AVE
JOHNSTON, IA 50131
* $ 10,000,000 101 $ 13,513,000
Iowa - Nebraska State Bank
2021 DAKOTA AVENUE
SOUTH SIOUX CITY, NE 68776
* $ 198,054,000 86 $ 9,091,000
First American Bank
1207 CENTRAL AVE
FORT DODGE, IA 50501
* $ 1,145,790,000 79 $ 4,929,000
Kingsley State Bank
705 1ST ST PO BOX 66
SERGEANT BLUFF, IA 51054
* $ 158,242,000 72 $ 7,816,000
Pioneer Bank
4700 SINGING HILLS BLVD.
SIOUX CITY, IA 51106
* $ 144,106,000 70 $ 8,480,000
Guaranteed Rate, Inc.
3940 NORTH RAVENSWOOD AVE
CHICAGO, IL 60613
* $ 10,000,000 60 $ 8,974,000
Telco Triad Community CU
1420 TRI VIEW AVE
SIOUX CITY, IA 51103
* $ 72,416,000 57 $ 1,702,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,433,716,000,000 47 $ 3,658,000
Midwest Family Lending Corp.
2753 99TH STREET
URBANDALE, IA 50322
* $ 10,000,000 43 $ 5,858,000
Sloan State Bank
302 4TH ST
SLOAN, IA 50155
* $ 51,151,000 40 $ 2,188,000
Pinnacle Bank Sioux City
1901 MORNINGSIDE AVENUE
SIOUX CITY, IA 51106
* $ 75,476,000 40 $ 3,596,000
Liberty National Bank

SIOUX FALLS, SD 57106
* $ 281,036,000 34 $ 4,554,000
American Southwest Mortgage Corp.
5900 MOSTELLER DRIVE SUITE 10
OKLAHOMA CITY, OK 73112
* $ 143,000,000 34 $ 4,438,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 33 $ 2,671,000
loanDepot.com LLC
6561 IRVINE CENTER DRIVE
IRVINE, CA 92618
* $ 138,031,000 31 $ 3,501,000
Truist Bank
3100 SMOKETREE CT FL 5
RALEIGH, NC 27604
* $ 179,126,294,000 29 $ 3,818,000
United Bank of Iowa
501 SECOND STREET
IDA GROVE, IA 51445
* $ 1,244,983,000 29 $ 2,486,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 29 $ 896,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,945,467,000,000 28 $ 3,490,000
Guild Mortgage Company
5898 COPLEY DRIVE
SAN DIEGO, CA 92111
* $ 31,000,000 26 $ 3,690,000
Suntrust Mortgage, Inc.
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 171,261,678,000 25 $ 2,483,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 24 $ 2,971,000
Mortgage Research Center
1400 VETERANS UNITED DR.
COLUMBIA, MO 65203
* $ 880,000,000 23 $ 2,854,000
Premier Lending Alliance
8831THOMAS AVE. SUITE 100
JOHNSTON, IA 50131
* $ 100,000,000 20 $ 2,382,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 62,866,954,000 19 $ 2,403,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 18 $ 2,340,000
First National Bank
101 MAIN STREET
MASSENA, IA 50853
* $ 214,478,000 18 $ 928,000
American Bank, National Association
234 5TH AVE SW
LE MARS, IA 51031
* $ 273,758,000 16 $ 2,456,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 16 $ 2,111,000
Citimortgage, Inc.
1 COURT SQUARE, 43RD FLOOR
LONG ISLAND CITY, NY 11120
* $ 1,019,497,000,000 16 $ 1,331,000
Citibank, NA

NEW YORK, NY 10012
* $ 1,346,747,000,000 15 $ 1,354,000
Franklin American Mortgage Company
6100 TOWER CIRCLE SUITE 600
FRANKLIN, TN 37067
* $ 10,000,000 14 $ 1,601,000
New Day Financial, Llc.
360 SOUTH ROSEMARY AVENUE SUITE 1900
WEST PALM BEACH, FL 33401
* $ 4,088,336,000 13 $ 2,124,000
First Trust and Savings Bank
PO BOX 506
MOVILLE, IA 51039
* $ 123,804,000 13 $ 1,143,000
Siouxland National Bank
1001 W 29TH ST
SOUTH SIOUX CITY, NE 68776
* $ 49,330,000 12 $ 1,641,000
First State Bank
200 MOOREHEAD AVE
IDA GROVE, IA 51445
* $ 134,443,000 11 $ 657,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 9 $ 1,050,000
PennyMac Loan Services LLC
3043 TOWNSGATE ROAD
WESTLAKE VILLAGE, CA 91361
* $ 39,000,000 9 $ 1,123,000
Freedom Mortgage Corporation
951 YAMATO ROAD SUITE 175
BOCA RATON, FL 33431
* $ 10,000,000 9 $ 846,000
Origin Bank

HOUSTON, TX 77024
* $ 3,199,260,000 8 $ 1,010,000
Navy Federal Credit Union
820 FOLLIN LANE
VIENNA, VA 22180
* $ 55,502,976,000 8 $ 1,174,000
Security National Bank of South Dakota
325 DAKOTA DUNES BLVD
DAKOTA DUNES, SD 57049
* $ 174,264,000 7 $ 314,000
First Premier Bank
400 S SYCAMORE AVE, SUITE 101
SIOUX FALLS, SD 57104
* $ 1,375,260,000 7 $ 690,000
Discover Home Loans, Inc
173 TECHNOLOGY DRIVE
IRVINE, CA 92618
* $ 79,339,664,000 7 $ 1,202,000
Everbank N.A.
501 RIVERSIDE AVENUE
JACKSONVILLE, FL 32202
* $ 17,638,918,000 6 $ 385,000
First Dakota National Bak
225 CEDAR ST
YANKTON, SD 57078
* $ 1,011,858,000 6 $ 371,000
Shoreham Bank
ONE HOME LOAN PLAZA
WARWICK, RI 02886
* $ 204,003,000 6 $ 86,000
Midfirst Bank
501 NW GRAND BLVD
OKLAHOMA CITY, OK 73118
* $ 9,596,388,000 6 $ 370,000
Capital One, National Association
7933 PRESTON ROAD
PLANO, TX 75024
* $ 238,482,903,000 6 $ 516,000
First Guaranty Mortgage Corporation
1900 GALLOWS ROAD, SUITE 800
TYSONS CORNER, VA 22182
* $ 10,000,000 6 $ 719,000
F&M Bank
204 NORTH MAIN STREET
WEST POINT, NE 68788
* $ 261,437,000 5 $ 372,000
Valley Bank & Trust
401 MAIN STREET
MAPLETON, IA 51034
* $ 80,353,000 5 $ 278,000
Bank of the West
180 MONTGOMERY STREET
SAN FRANCISCO, CA 94104
* $ 66,467,781,000 5 $ 222,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 171,261,678,000 4 $ 108,000
Rescue Mortgage Inc
10740 LYNDALE AVE S, SUITE 19E
BLOOMINGTON, MN 55420
* $ 1,507,000 4 $ 290,000
Proficio Bank
6985 UNION PARK CENTER, SUITE 150
COTTONWOOD HEIGHTS, UT 84047
* $ 168,648,000 4 $ 447,000
Plains Commerce Bank
220 MAIN ST
HOVEN, SD 57450
* $ 515,115,000 4 $ 638,000
Veridian Credit Union
1827 ANSBOROUGH AVE
WATERLOO, IA 50701
* $ 2,433,983,000 4 $ 454,000
CMG Mortgage Inc
3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, IL 94583
* $ 100,000,000 4 $ 347,000
First National Bank of Omaha
1620 DODGE STREET
OMAHA, NE 68197
* $ 14,540,393,000 4 $ 740,000
Midwest Heritage Bank FSB
3580 EP TRUE PKWY, STE 100
WEST DES MOINES, IA 50265
* $ 175,432,000 4 $ 367,000
American Bank
9001 EDMONSTON ROAD SUITE 100
GREENBELT, MD 20770
* $ 410,770,000 3 $ 446,000
First Federal Bank of Kansas City
6900 EXECUTIVE DR
KANSAS CITY, MO 64120
* $ 340,728,000 3 $ 1,010,000
Great Western Bank
35 1ST AVE NE
WATERTOWN, SD 57201
* $ 9,269,540,000 3 $ 404,000
Farm Credit Services of America, Flca
5015 S 118TH ST
OMAHA, NE 68137
* $ 10,000,000 3 $ 498,000
Bank of Dixon County
117 E 3RD ST
PONCA, NE 68770
* $ 79,767,000 3 $ 373,000
Alliance Financial Resources
5410 EAST HIGH STREET SUITE 200
PHOENIX, AZ 85054
* $ 10,000,000 3 $ 310,000
West Gate Bank
6003 OLD CHENEY ROAD
LINCOLN, NE 68516
* $ 377,882,000 3 $ 216,000
Rocky Mountain Bank
2615 KING AVE WEST
BILLINGS, MT 59102
* $ 467,443,000 3 $ 365,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 15,766,346,000 3 $ 269,000
1st Alliance Lending, LLC
111 FOUNDERS PLAZA, SUITE 1300
EAST HARTFORD, CT 06108
* $ 3,285,000 3 $ 158,000
Nycb Mortgage Company, LLC
1801 EAST 9TH STREET
CLEVELAND, OH 44114
* $ 75,001,000 3 $ 488,000
First State Bank Nebraska
2701 GRAINGER PARKWAY
LINCOLN, NE 68516
* $ 405,930,000 2 $ 367,000
Roundpoint Mortgage Company
5032 PARKWAY PLAZA BLVD, STE 200
CHARLOTTE, NC 28278
* $ 10,000,000 2 $ 282,000
Kondaur Capital Corporation
333 S ANITA DR STE 400
ORANGE, CA 92868
* $ 54,713,000 2 $ 271,000
Bank of Nebraska
7223 SOUTH 84TH ST.
LAVISTA, NE 68128
* $ 131,556,000 2 $ 586,000
Peoples Bank
1230 VALLEY DRIVE
ROCK VALLEY, IA 51247
* $ 414,025,000 2 $ 252,000
Howard Bank
6011 UNIVERSITY BLVD #370
ELLICOTT CITY, MD 21043
* $ 499,849,000 2 $ 208,000
Reliance State Bank
606 BROAD ST
STORY CITY, IA 50248
* $ 221,596,000 2 $ 77,000
Gnb Bank
529 G AVENUE
GRUNDY CENTER, IA 50638
* $ 345,236,000 2 $ 58,000
Barrington Bank & Trust Company, N.A.
201 SOUTH HOUGH STREET
BARRINGTON, IL 60010
* $ 1,492,889,000 2 $ 278,000
Iowa State Bank
1101 MAIN STREET
HULL, IA 51239
* $ 375,310,000 2 $ 312,000
Caliber Home Loans, Inc.
1525 S. BELTLINE ROAD
WILMINGTON, DE 75019
* $ 1,543,699,000 2 $ 139,000
Zillow Home Loans, LLC
2600 MICHELSON DRIVE
IRVINE, CA 92612
* $ 10,000,000 2 $ 245,000
Farmers State Bank
1240 8TH AVE
MARION, IA 52302
* $ 655,789,000 2 $ 163,000
North American Savings Bank
12498 S 71 HIGHWAY
GRANDVIEW, MO 64030
* $ 1,161,463,000 2 $ 274,000
Cbc National Bank
1891 SOUTH 14TH STREET
FERNANDINA BEACH, FL 32034
* $ 375,205,000 2 $ 253,000
Colonial Savings
P O BOX 2988
FORT WORTH, TX 76102
* $ 943,388,000 2 $ 314,000
M&T Bank
701 SENECA STREET - SUITE 330N
BUFFALO, NY 14203
* $ 84,362,333,000 2 $ 347,000
Nations Lending Corporation
4 SUMMIT PARK DR STE 200
INDEPENDENCE, OH 44131
* $ 4,410,000 2 $ 279,000
Ifreedom Direct Corporation
124 N. CHARLES LINDBERGH DRIVE
SLC, UT 84116
* $ 10,000,000 2 $ 450,000
Open Mortgage, LLC

RICHARDSON, TX 75080
* $ 10,000,000 1 $ 112,000
Primary Residential Mortgage, Inc.
1480 N 2200 W
SALT LAKE CITY, UT 84116
* $ 242,587,000 1 $ 86,000
Huntington National Bank
7 EASTON OVAL EA5C242
COLUMBUS, OH 43219
* $ 59,304,805,000 1 $ 131,000
Regions Bank
1900 5TH AVENUE N
BIRMINGHAM, AL 35203
* $ 116,608,550,000 1 $ 30,000
Bokf NA
ONE WEST 3RD, 5TH FL
TULSA, OK 74172
* $ 26,795,278,000 1 $ 211,000
Los Angeles Police FCU
16150 SHERMAN WAY
VAN NUYS, CA 91406
* $ 771,160,000 1 $ 105,000
Pentagon Federal Credit Union

OMAHA, NE 68164
* $ 16,840,840,000 1 $ 12,000
Susser Bank
500 HARWOOD ROAD
BEDFORD, TX 76021
* $ 409,634,000 1 $ 129,000
The Federal Savings Bank
300 N ELIZABETH STREET, STE 3E
CHICAGO, IL 60639
* $ 141,772,000 1 $ 116,000
Bank Iowa
1150 JORDAN CREEK PARKWAY
WEST DES MOINES, IA 50266
* $ 1,107,977,000 1 $ 142,000
State Bank of Alcester
190 IOWA STREET PO BOX 168
ALCESTER, SD 57001
* $ 114,671,000 1 $ 73,000
BNC National Bank

BISMARCK, ND 58501
* $ 841,451,000 1 $ 134,000
Mutual of Omaha Bank
3333 FARNAM ST
OMAHA, NE 68131
* $ 6,392,855,000 1 $ 56,000
Bank of England
PO BOX 70
ENGLAND, AR 72046
* $ 245,863,000 1 $ 76,000
Union Bank and Trust Company
PO BOX 82535
LINCOLN, NE 68501
* $ 2,862,684,000 1 $ 13,000
First State Mortgage Services
502 N HERSHEY ROAD
BLOOMINGTON, IL 61704
* $ 327,995,000 1 $ 70,000
Fairway Independent Mort Corp
4801 S. BILTMORE LANE
MADISON, WI 53718
* $ 10,000,000 1 $ 262,000
Dayspring Bank
914 LAKE AVENUE
GOTHENBURG, NE 69138
* $ 302,923,000 1 $ 304,000
Lincoln Savings Bank
301 WASHINGTON ST
REINBECK, IA 50669
* $ 698,929,000 1 $ 263,000
Cis Financial Services, Inc.
851 MILITARY STREET N
HAMILTON, AL 35570
* $ 14,200,000 1 $ 94,000
Pacific Union Financial, LLC
8900 FREEPORT PKWY, STE 150
IRVING, TX 75063
* $ 40,000,000 1 $ 129,000
Stearns Lending, LLC
4 HUTTON CENTRE, 10TH FLOOR
SANTA ANA, CA 92707
* $ 10,000,000 1 $ 152,000
Liberty Home Equity Solutions, Inc.
10951 WHITE ROCK ROAD, SUITE 200
RANCHO CORDOVA, CA 95670
* $ 60,629,000 1 $ 50,000
Premier Home Mortgage, Inc.
3024 TOWER RD
RAPID CITY, SD 57701
* $ 20,569,000 1 $ 157,000
American National Bank
8990 WEST DODGE RD
OMAHA, NE 68114
* $ 2,147,333,000 1 $ 118,000
Citizens State Bank
13840 W. NEWBERRY RD
NEWBERRY, FL 32669
* $ 191,437,000 1 $ 2,000
Landmark National Bank
701 POYNTZ AVE
MANHATTAN, KS 66502
* $ 826,961,000 1 $ 65,000
Great Plains National Bank
5909 NW EXPRESSWAY
ELK CITY, OK 73644
* $ 539,275,000 1 $ 119,000
Goldwater Bank, N.A.
2525 EAST CAMELBACK ROAD SUITE 1100
PHOENIX, AZ 85016
* $ 102,326,000 1 $ 98,000
Banc of California, National Association
18500 VON KARMAN AVENUE SUITE 1100
IRVINE, CA 92612
* $ 3,618,297,000 1 $ 102,000
Home Federal Bank
P.O. BOX 5000
SIOUX FALLS, SD 57117
* $ 1,251,718,000 1 $ 127,000
First National Bank
316 EAST BREMER AVENUE, P.O. BOX 837
WAVERLY, IA 50677
* $ 317,735,000 1 $ 108,000
Inb, National Association
322 E. CAPITOL
SPRINGFIELD, IL 62701
* $ 649,669,000 1 $ 140,000
Pinnacle Bank
20544 HWY 370
LINCOLN, NE 68508
* $ 3,870,208,000 1 $ 143,000
Primelending
18111 PRESTON ROAD SUITE 900
DALLAS, TX 75252
* $ 8,361,206,000 1 $ 92,000
Stifel Bank & Trust
501 N BROADWAY
ST LOUIS, MO 63141
* $ 5,037,879,000 1 $ 86,000
Inspired Financial Services, LLC
2708 BICENTENNIAL DR, STE A
CEDAR FALLS, IA 50613
* $ 148,146,000 1 $ 40,000
Peoples Bank and Trust Company of Pointe Coupee Parish
P.O. DRAWER 747/805 HOSPITAL ROAD
NEW ROADS, LA 70760
* $ 196,218,000 1 $ 152,000
Cardinal Financial Company, Li
3530 TORINGDON WAY STE 200
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 80,000
PHH Home Loans, LLC
1 MORTGAGE WAY 2ND FLOOR
MT LAUREL, NJ 08054
* $ 4,597,939,000 1 $ 261,000
Lakeview Loan Servicing, LLC
4425 PONCE DE LEON BLVD.
CORAL GABLES, FL 33146
* $ 1,825,398,000 1 $ 73,000
Homeward Residential, Inc.
16675 ADDISON ROAD
ADDISON, TX 75001
* $ 3,809,880,000 1 $ 82,000
Plaza Home Mortgage, Inc
4820 EASTGATE MALL, STE 100
SAN DIEGO, CA 92121
* $ 10,000,000 1 $ 230,000
Servion
500 MAIN STREET
NEW BRIGHTON, MN 55112
* $ 250,000,000 1 $ 41,000
Homeservices Lending, LLC
2700 WESTOWN PARKWAY, SUITE 345
WEST DES MOINES, IA 50266
* $ 25,000,000 1 $ 116,000
Arvest Mortgage Company
931 W MONROE
LOWELL, AR 72745
* $ 14,081,085,000 1 $ 66,000
Ditech Mortgage Corp
1100 VIRGINIA DRIVE, SUITE 100
FT. WASHINGTON, PA 19034
* $ 5,720,000 1 $ 238,000
PNC Bank N.A.
249 FIFTH AVE. MS P1-POPP-22-2
PITTSBURGH, PA 15222
* $ 309,999,678,000 1 $ 100,000

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

Mortgage Loan Application Detail Totals for Woodbury County, IA 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 1,693 $199,264,000 $117,000 $960,000 $63,000 $825,000
Refinancing 1,419 $142,587,000 $100,000 $1,582,000 $63,000 $1,878,000
Home Improvement 423 $9,524,000 $22,000 $234,000 $63,000 $504,000

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 2,639 $269,011,000 $101,000 $960,000 $72,000 $1,878,000
Hispanic 315 $20,346,000 $64,000 $257,000 $44,000 $198,000
Not applicable 278 $33,513,000 $120,000 $1,582,000 $5,000 $170,000
Not Provided 197 $19,030,000 $96,000 $417,000 $57,000 $310,000
Asian 70 $6,209,000 $88,000 $419,000 $62,000 $367,000
Black or African American 22 $1,562,000 $71,000 $230,000 $48,000 $142,000
American Indian or Alaskan Native 11 $1,374,000 $124,000 $268,000 $55,000 $103,000
Native Hawaiian or Other Pacific Islander 3 $330,000 $110,000 $144,000 $161,000 $375,000

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) 2,720 $261,577,000 $96,000 $1,582,000 $68,000 $1,878,000
FHA-insured (Federal Housing Administration) 574 $55,410,000 $96,000 $275,000 $43,000 $198,000
VA-guaranteed (Veterans Administration) 228 $33,213,000 $145,000 $417,000 $51,000 $310,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 13 $1,175,000 $90,000 $121,000 $37,000 $77,000

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 2,200 $229,412,000 $104,000 $1,582,000 $70,000 $1,878,000
Application Denied By Financial Institution 656 $49,361,000 $75,000 $500,000 $54,000 $316,000
Application Withdrawn By Applicant 288 $29,286,000 $101,000 $364,000 $64,000 $504,000
Loan Purchased By The Institution 231 $27,701,000 $119,000 $384,000 $23,000 $170,000
Application Approved But Not Accepted 102 $10,021,000 $98,000 $417,000 $71,000 $310,000
File Closed For Incompleteness 58 $5,594,000 $96,000 $264,000 $60,000 $155,000
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 181 $10,969,000 $60,000 $328,000 $56,000 $281,000
Debt-To-Income Ratio 97 $7,216,000 $74,000 $385,000 $46,000 $314,000
Collateral 90 $7,557,000 $83,000 $500,000 $69,000 $316,000
Credit Application Incomplete 53 $4,474,000 $84,000 $272,000 $51,000 $193,000
Other 26 $2,260,000 $86,000 $185,000 $46,000 $111,000
Unverifiable Information 15 $1,495,000 $99,000 $265,000 $61,000 $198,000
Insufficient Cash (Downpayment, Closing Cost) 10 $809,000 $80,000 $217,000 $34,000 $81,000
Employment History 3 $349,000 $116,000 $234,000 $44,000 $60,000
Mortgage Insurance Denied 1 $79,000 $79,000 $79,000 $24,000 $24,000

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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