1st Financial, Inc. Mortgage Lending & HMDA Data, 2022
In 2022, 1st Financial, Inc. of Millersville, MD reported 1,195 mortgage applications totaling $428.4 million, down 54% from 2021. The average application was for $358,472, and applicants reported an average income of $119,468. 61% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Miami-Miami Beach-Kendall, FL (507), Baltimore-Columbia-Towson, MD (220) and Fort Lauderdale-Pompano Beach-Deerfield Beach, FL (118) (applications in parentheses).
| Mortgage Company & Address | 1st Financial, Inc. 1111 Benfield Blvd #106 Millersville, MD 21108 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2025 2024 2023 2022 2021 2020 2019 2017 2016 2015 |
| Total Number of Mortgage Applications | 1,195 |
| Total Mortgage Loan Application Amount | $428,375,000 |
| Average Mortgage Loan Application Amount | $358,472 |
| Highest Mortgage Loan Application Amount | $1,735,000 |
| Average Applicant Income | $119,468 |
| Highest Applicant Income | $4,472,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records 1st Financial, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Miami-Miami Beach-Kendall, FL | 507 | $ 192,495,000 | $ 379,674 | $ 126,000 |
| Baltimore-Columbia-Towson, MD | 220 | $ 71,190,000 | $ 323,590 | $ 108,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 118 | $ 43,060,000 | $ 364,915 | $ 112,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 88 | $ 35,970,000 | $ 408,750 | $ 102,215 |
| Tampa-St. Petersburg-Clearwater, FL | 46 | $ 16,850,000 | $ 366,304 | $ 126,000 |
| Cape Coral-Fort Myers, FL | 28 | $ 8,100,000 | $ 289,285 | $ 110,000 |
| Orlando-Kissimmee-Sanford, FL | 26 | $ 8,920,000 | $ 343,076 | $ 94,000 |
| Outside any metro area | 18 | $ 7,230,000 | $ 401,666 | $ 365,055 |
| Port St. Lucie, FL | 15 | $ 4,465,000 | $ 297,666 | $ 103,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 13 | $ 5,105,000 | $ 392,692 | $ 123,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 11 | $ 2,405,000 | $ 218,636 | $ 62,000 |
| Washington-Baltimore-Arlington, DC | 11 | $ 5,635,000 | $ 512,272 | $ 134,000 |
| Jacksonville, FL | 8 | $ 3,450,000 | $ 431,250 | $ 207,000 |
| North Port-Sarasota-Bradenton, FL | 8 | $ 2,600,000 | $ 325,000 | $ 132,000 |
| Naples-Immokalee-Marco Island, FL | 7 | $ 2,485,000 | $ 355,000 | $ 86,000 |
| Lakeland-Winter Haven, FL | 6 | $ 2,150,000 | $ 358,333 | $ 115,000 |
| Salisbury, MD-DE | 6 | $ 1,720,000 | $ 286,666 | $ 102,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 5 | $ 995,000 | $ 199,000 | $ 65,000 |
| Hagerstown-Martinsburg, MD-WV | 4 | $ 1,200,000 | $ 300,000 | $ 96,000 |
| Palm Bay-Melbourne-Titusville, FL | 4 | $ 990,000 | $ 247,500 | $ 62,000 |
| Richmond, VA | 4 | $ 1,370,000 | $ 342,500 | $ 107,000 |
| California-Lexington Park, MD | 3 | $ 645,000 | $ 215,000 | $ 106,000 |
| Dallas-Plano-Irving, TX | 3 | $ 775,000 | $ 258,333 | $ 59,000 |
| Harrisburg-Carlisle, PA | 3 | $ 605,000 | $ 201,666 | $ 67,000 |
| San Antonio-New Braunfels, TX | 3 | $ 475,000 | $ 158,333 | $ 66,000 |
| Denver-Aurora-Lakewood, CO | 2 | $ 930,000 | $ 465,000 | $ 160,000 |
| Midland, TX | 2 | $ 400,000 | $ 200,000 | $ 60,000 |
| Ocala, FL | 2 | $ 440,000 | $ 220,000 | $ 89,000 |
| Pensacola-Ferry Pass-Brent, FL | 2 | $ 580,000 | $ 290,000 | $ 68,000 |
| Beaumont-Port Arthur, TX | 1 | $ 165,000 | $ 165,000 | $ 101,000 |
| Columbia, SC | 1 | $ 395,000 | $ 395,000 | $ 118,000 |
| Crestview-Fort Walton Beach-Destin, FL | 1 | $ 135,000 | $ 135,000 | $ 35,000 |
| Cumberland, MD-WV | 1 | $ 105,000 | $ 105,000 | $ 23,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 1 | $ 335,000 | $ 335,000 | $ 80,000 |
| Dover, DE | 1 | $ 225,000 | $ 225,000 | $ 48,000 |
| Fort Worth-Arlington, TX | 1 | $ 155,000 | $ 155,000 | $ 50,000 |
| Gainesville, FL | 1 | $ 285,000 | $ 285,000 | $ 78,000 |
| Gettysburg, PA | 1 | $ 215,000 | $ 215,000 | $ 83,000 |
| Homosassa Springs, FL | 1 | $ 265,000 | $ 265,000 | $ 58,000 |
| Houston-The Woodlands-Sugar Land, TX | 1 | $ 325,000 | $ 325,000 | $ 632,000 |
| Lebanon, PA | 1 | $ 85,000 | $ 85,000 | $ 36,000 |
| Lynchburg, VA | 1 | $ 185,000 | $ 185,000 | $ 79,000 |
| Montgomery County-Bucks County-Chester County, PA | 1 | $ 185,000 | $ 185,000 | $ 70,000 |
| Philadelphia, PA | 1 | $ 295,000 | $ 295,000 | $ 65,000 |
| Pittsburgh, PA | 1 | $ 105,000 | $ 105,000 | $ 148,000 |
| Punta Gorda, FL | 1 | $ 195,000 | $ 195,000 | $ 83,000 |
| Roanoke, VA | 1 | $ 395,000 | $ 395,000 | $ 100,000 |
| The Villages, FL | 1 | $ 295,000 | $ 295,000 | $ 57,000 |
| Wilmington, DE-MD-NJ | 1 | $ 125,000 | $ 125,000 | $ 62,000 |
| Winchester, VA-WV | 1 | $ 355,000 | $ 355,000 | $ 82,000 |
| York-Hanover, PA | 1 | $ 315,000 | $ 315,000 | $ 64,000 |
Mortgage Loan Application Detail Totals for 1st Financial, Inc. 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 | 845 | $319,575,000 | $378,000 | $1,325,000 | $118,000 | $696,000 |
| Cash-out Refinancing | 187 | $55,605,000 | $297,000 | $905,000 | $130,000 | $4,472,000 |
| Refinancing | 163 | $53,195,000 | $326,000 | $1,735,000 | $115,000 | $987,000 |
| Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 0 | $0 | $0 | $0 | $0 | $0 |
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 |
|---|---|---|---|---|---|---|
| Hispanic | 671 | $244,585,000 | $364,000 | $1,735,000 | $117,000 | $987,000 |
| White | 293 | $106,055,000 | $361,000 | $1,125,000 | $141,000 | $4,472,000 |
| Black or African American | 180 | $62,640,000 | $348,000 | $1,185,000 | $98,000 | $632,000 |
| Not Provided | 40 | $11,850,000 | $296,000 | $515,000 | $100,000 | $271,000 |
| Asian | 9 | $2,745,000 | $305,000 | $645,000 | $116,000 | $198,000 |
| American Indian or Alaskan Native | 1 | $205,000 | $205,000 | $205,000 | $70,000 | $70,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $295,000 | $295,000 | $295,000 | $65,000 | $65,000 |
| Not applicable | 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) | 851 | $303,605,000 | $356,000 | $1,735,000 | $129,000 | $4,472,000 |
| FHA-insured (Federal Housing Administration) | 273 | $95,425,000 | $349,000 | $775,000 | $92,000 | $696,000 |
| VA-guaranteed (Veterans Administration) | 65 | $27,645,000 | $425,000 | $1,185,000 | $119,000 | $376,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 6 | $1,700,000 | $283,000 | $385,000 | $84,000 | $116,000 |
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 | 728 | $258,770,000 | $355,000 | $1,185,000 | $121,000 | $4,472,000 |
| Application Withdrawn By Applicant | 233 | $86,415,000 | $370,000 | $1,325,000 | $123,000 | $987,000 |
| File Closed For Incompleteness | 119 | $43,095,000 | $362,000 | $1,735,000 | $105,000 | $632,000 |
| Application Approved But Not Accepted | 66 | $22,990,000 | $348,000 | $645,000 | $123,000 | $477,000 |
| Application Denied By Financial Institution | 49 | $17,105,000 | $349,000 | $825,000 | $111,000 | $696,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 1,146 | $411,270,000 | $358,000 | $1,735,000 | $120,000 | $4,472,000 |
| Other | 19 | $6,555,000 | $345,000 | $645,000 | $107,000 | $206,000 |
| Debt-To-Income Ratio | 11 | $3,805,000 | $345,000 | $645,000 | $147,000 | $696,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 6 | $2,130,000 | $355,000 | $555,000 | $86,000 | $201,000 |
| Credit History | 5 | $1,675,000 | $335,000 | $475,000 | $90,000 | $128,000 |
| Unverifiable Information | 4 | $1,520,000 | $380,000 | $465,000 | $85,000 | $137,000 |
| Collateral | 4 | $1,420,000 | $355,000 | $825,000 | $121,000 | $288,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into 1st Financial, Inc.'s 2022 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.
This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics,
and assess 1st Financial, Inc.'s mortgage approval patterns.
Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
For a list of all lenders in Maryland, download the full spreadsheet
with aggregated HMDA statistics today.
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