Mortgage Applications

Disposition of Loan Applications (HMDA Data)

Chart detailing volume of applications for government-backed purchase, conventional purchase, refinance, and all mortgages. Each category includes one matrix that lists applications, originations, closing rate, and denial rate by race/ethnicity (Asian, Black, White, Not Available, Total and Hispanic) and a second matrix by income as a percentage of MSA median. In addition to volume, the chart lists sequential change for applications and originations and prior-period rate for closing and denial rates.

2015 Data

2014 Data

2013 Data

Reasons for Mortgage Application Denials (HMDA Data)

Chart detailing percent of applications denied for government-backed purchase, conventional purchase, refinance, and all mortgages for the following reasons: debt/income, employment history, credit history, collateral, insufficient cash, unverified information, credit application incomplete, mortgage insurance denial, and other. Breakout provided by race/ethnicity (Asian, Black, White, Not Available, Total and Hispanic) for government-backed purchase, conventional purchase and refinance and by income as a percentage of MSA median for all mortgages.

2014

2013

Poll

In 2016, what have you been paying your retail residential loan officers, on average, as a commission?

25 to 50 basis points per loan
51 to 75 bps
76 to 100 bps
101 to 150 bps
More than 150 bps
We’re a call center lender and don’t disclose that data point.

vote to see results
Housing Pulse