American Internet Mortgage, Inc. Mortgage Lending & HMDA Data, 2011

In 2011, American Internet Mortgage, Inc. of San Diego, CA reported 26,226 mortgage applications totaling $5.7 billion, up 13% from 2010. The average application was for $216,435, and applicants reported an average income of $117,745. 30% of its applications resulted in an originated loan and 20% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (1,400), San Diego-Carlsbad-San Marcos, CA (1,187) and Santa Ana-Anaheim-Irvine, CA (730) (applications in parentheses).

Mortgage Company & Address American Internet Mortgage, Inc.
4121 Camino Del Rio South
San Diego, CA 92108
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 26,226
Total Mortgage Loan Application Amount $5,676,230,000
Average Mortgage Loan Application Amount $216,435
Highest Mortgage Loan Application Amount $1,500,000
Average Applicant Income $117,745
Highest Applicant Income $9,787,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records American Internet Mortgage, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for American Internet Mortgage, Inc. in 2011

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
Refinancing 13,659 $3,588,246,000 $262,000 $1,500,000 $132,000 $9,600,000
Home Purchase 11,256 $1,796,475,000 $159,000 $1,400,000 $101,000 $9,787,000
Home Improvement 1,311 $291,509,000 $222,000 $1,500,000 $113,000 $1,680,000

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 14,847 $3,105,581,000 $209,000 $1,500,000 $114,000 $9,600,000
Not Provided 5,908 $1,396,743,000 $236,000 $1,500,000 $131,000 $8,558,000
Asian 2,615 $714,932,000 $273,000 $1,350,000 $134,000 $4,230,000
Hispanic 1,441 $273,713,000 $189,000 $980,000 $106,000 $9,787,000
Black or African American 1,126 $134,579,000 $119,000 $729,000 $80,000 $3,168,000
American Indian or Alaskan Native 222 $34,202,000 $154,000 $1,349,000 $80,000 $790,000
Native Hawaiian or Other Pacific Islander 67 $16,480,000 $245,000 $700,000 $112,000 $405,000
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) 25,338 $5,580,607,000 $220,000 $1,500,000 $119,000 $9,787,000
FHA-insured (Federal Housing Administration) 887 $95,560,000 $107,000 $629,000 $65,000 $8,558,000
VA-guaranteed (Veterans Administration) 1 $63,000 $63,000 $63,000 $74,000 $74,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 7,939 $2,043,743,000 $257,000 $1,000,000 $132,000 $1,302,000
Application Approved But Not Accepted 5,466 $1,384,462,000 $253,000 $1,349,000 $145,000 $4,550,000
Application Denied By Financial Institution 5,367 $1,221,718,000 $227,000 $1,500,000 $110,000 $9,600,000
Preapproval Denied by Financial Institution 5,079 $520,664,000 $102,000 $1,250,000 $70,000 $9,787,000
Preapproval Approved but not Accepted 2,375 $505,643,000 $212,000 $1,400,000 $125,000 $3,042,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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 5,562 $592,577,000 $106,000 $1,475,000 $76,000 $9,787,000
Collateral 2,318 $574,083,000 $247,000 $1,500,000 $136,000 $9,600,000
Debt-To-Income Ratio 2,068 $466,671,000 $225,000 $1,500,000 $70,000 $2,916,000
Unverifiable Information 233 $56,082,000 $240,000 $730,000 $126,000 $2,400,000
Insufficient Cash (Downpayment, Closing Cost) 87 $15,006,000 $172,000 $1,222,000 $122,000 $2,080,000
Employment History 71 $14,737,000 $207,000 $900,000 $135,000 $3,124,000
Mortgage Insurance Denied 62 $11,919,000 $192,000 $416,000 $94,000 $266,000
Credit Application Incomplete 39 $9,754,000 $250,000 $600,000 $48,000 $260,000
Other 6 $1,553,000 $258,000 $508,000 $389,000 $1,472,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into American Internet Mortgage, Inc.'s 2011 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 American Internet Mortgage, 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.
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