McPherson County SD
Mortgage Loan Application
Totals and Details
for 2008

Find mortgage statistics and lending data for the McPherson County SD metro area.
With the lists below, you can explore the total number of mortgage applications and mortgage lending details for 2003-2022.
We provide overall totals and averages for each year, as well as numbers for the highest application amount and the highest applicant income.
If you live near McPherson County SD, this may help give you an idea of what you might find when you begin your mortgage research. Use the mortgage lender list and statistics below to gain valuable insights.

Years 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 38
Total Mortgage Loan Application Amount $1,723,000
Average Mortgage Loan Application Amount $45,000
Highest Mortgage Loan Application Amount $215,000
Average Applicant Income $50,000
Highest Applicant Income $230,000

Mortgage Company List for Lending in McPherson County SD for 2008

* 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
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 467,861,000,000 10 $ 481,000
DACOTAH BANK
308 S MAIN STREET, PO BOX 1210
ABERDEEN, SD 57102
* $ 1,388,138,000 4 $ 109,000
JPMORGAN CHASE BANK, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,318,888,000,000 4 $ 186,000
US BANK NORTH DAKOTA
777 EAST WISCONSIN AVE
MILWAUKEE, WI 53202
* $ 5,028,246,000 3 $ 77,000
CORTRUST BANK NATIONAL ASSOCIATION
100 EAST HAVENS
MITCHELL, SD 57301
* $ 491,475,000 3 $ 97,000
CORTRUST MORTGAGE, INC.
2101 S MINNESOTA AVENUE
SIOUX FALLS, SD 57105
* $ 10,000,000 2 $ 122,000
GREAT WESTERN BANK
35 1ST AVE NE
WATERTOWN, SD 57201
* $ 3,507,967,000 2 $ 86,000
GE MONEY BANK
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 14,839,190,000 2 $ 33,000
GMAC MORTGAGE LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 2 $ 88,000
FARM CREDIT SERVICES OF AMERICA, FLCA
5015 S 118TH ST
OMAHA, NE 68137
* $ 10,000,000 2 $ 275,000
COUNTRYWIDE BANK FSB
30930 RUSSELL RANCH ROAD MS CA6-916-02-0
WESTLAKE VILLAGE, CA 91362
* $ 121,054,736,000 1 $ 40,000
1ST ADVANTAGE MORTGAGE
701 E 22ND ST, STE 125
LOMBARD, IL 60148
* $ 10,000,000 1 $ 49,000
ALLY BANK F/K/A/ GMAC BANK
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 28,404,352,000 1 $ 40,000

The HDMA data totals below provide details about Mortgage Loan Applications for each year, with categories such as loan purpose, race of mortgage applicants, loan type, the outcome of the application, and reason for denial. Each category breaks down the total number of mortgage applications and the total dollar amount for those applications. You can search and sort the totals by the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants. If you are looking for a certain type of mortgage, these numbers will give you a better gauge of what to expect in various situations.

Mortgage Loan Application Detail Totals for McPherson County SD in 2008

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 15 $700,000 $46,000 $85,000 $38,000 $73,000
Refinancing 15 $678,000 $45,000 $95,000 $54,000 $230,000
Home Improvement 8 $345,000 $43,000 $215,000 $63,000 $100,000

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 29 $1,374,000 $47,000 $215,000 $49,000 $100,000
Not Provided 5 $180,000 $36,000 $60,000 $91,000 $230,000
Not applicable 4 $169,000 $42,000 $49,000 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 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) 30 $1,385,000 $46,000 $215,000 $58,000 $230,000
FHA-insured (Federal Housing Administration) 4 $160,000 $40,000 $40,000 $21,000 $59,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 4 $178,000 $44,000 $49,000 $14,000 $34,000
VA-guaranteed (Veterans Administration) 0 $0 $0 $0 $0 $0

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 18 $915,000 $50,000 $215,000 $65,000 $230,000
Loan Purchased By The Institution 5 $215,000 $43,000 $49,000 $10,000 $52,000
Application Approved But Not Accepted 5 $219,000 $43,000 $61,000 $40,000 $73,000
Application Denied By Financial Institution 4 $160,000 $40,000 $95,000 $41,000 $67,000
Application Withdrawn By Applicant 3 $114,000 $38,000 $64,000 $25,000 $26,000
File Closed For Incompleteness 3 $100,000 $33,000 $48,000 $77,000 $114,000
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 2 $28,000 $14,000 $18,000 $25,000 $27,000
Collateral 2 $132,000 $66,000 $95,000 $57,000 $67,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

We hope these details for mortgage applications and lending statistics will give you a better idea of what to expect when applying for a mortgage. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. With this info, you know what to look for as you look for the best home mortgages available to you - no surprises later on down the line. These mortgage application stats give you everything you need to know as you start your search for the best mortgage lender.

If you prefer, you can download a copy of the entire list of mortgage lenders in South Dakota, and search similar information back through 2003.

Download the South Dakota Lender List