American Internet Mortgage, Inc. Mortgage Lending & HMDA Data, 2012

In 2012, American Internet Mortgage, Inc. of San Diego, CA reported 42,258 mortgage applications totaling $8.7 billion, up 61% from 2011. The average application was for $206,497, and applicants reported an average income of $113,738. 30% of its applications resulted in an originated loan and 18% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (1,973), San Diego-Carlsbad-San Marcos, CA (1,729) and Santa Ana-Anaheim-Irvine, CA (995) (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 42,258
Total Mortgage Loan Application Amount $8,726,182,000
Average Mortgage Loan Application Amount $206,497
Highest Mortgage Loan Application Amount $1,500,000
Average Applicant Income $113,738
Highest Applicant Income $7,495,000

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American Internet Mortgage, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2012

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 24,577 $5,783,564,000 $235,000 $1,500,000 $125,000 $7,495,000
Home Purchase 17,610 $2,926,531,000 $166,000 $1,500,000 $98,000 $5,317,000
Home Improvement 71 $16,087,000 $226,000 $417,000 $119,000 $560,000

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 23,823 $4,747,913,000 $199,000 $1,500,000 $111,000 $7,185,000
Not Provided 9,646 $2,148,159,000 $222,000 $1,500,000 $125,000 $4,635,000
Asian 4,505 $1,123,607,000 $249,000 $1,295,000 $129,000 $4,806,000
Hispanic 2,297 $422,911,000 $184,000 $900,000 $91,000 $826,000
Black or African American 1,598 $215,680,000 $134,000 $626,000 $80,000 $7,495,000
American Indian or Alaskan Native 279 $41,888,000 $150,000 $625,000 $86,000 $794,000
Native Hawaiian or Other Pacific Islander 110 $26,024,000 $236,000 $611,000 $111,000 $1,280,000
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) 37,903 $8,154,042,000 $215,000 $1,500,000 $119,000 $7,495,000
FHA-insured (Federal Housing Administration) 4,233 $551,052,000 $130,000 $780,000 $66,000 $5,317,000
VA-guaranteed (Veterans Administration) 122 $21,088,000 $172,000 $612,000 $72,000 $731,000
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 12,887 $3,040,162,000 $235,000 $912,000 $126,000 $1,970,000
Application Approved But Not Accepted 8,592 $1,952,476,000 $227,000 $1,250,000 $135,000 $4,806,000
Application Denied By Financial Institution 7,659 $1,614,046,000 $210,000 $1,500,000 $106,000 $7,495,000
Preapproval Approved but not Accepted 7,293 $1,423,440,000 $195,000 $1,440,000 $113,000 $4,098,000
Preapproval Denied by Financial Institution 5,827 $696,058,000 $119,000 $1,500,000 $65,000 $5,317,000
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 5,887 $707,095,000 $120,000 $1,500,000 $78,000 $7,495,000
Collateral 3,594 $788,299,000 $219,000 $997,000 $126,000 $7,185,000
Debt-To-Income Ratio 3,373 $705,125,000 $209,000 $1,500,000 $66,000 $2,290,000
Unverifiable Information 259 $53,456,000 $206,000 $944,000 $101,000 $995,000
Insufficient Cash (Downpayment, Closing Cost) 210 $27,654,000 $131,000 $546,000 $79,000 $1,929,000
Employment History 74 $12,662,000 $171,000 $570,000 $64,000 $244,000
Other 62 $12,160,000 $196,000 $625,000 $123,000 $423,000
Credit Application Incomplete 19 $2,440,000 $128,000 $417,000 $64,000 $254,000
Mortgage Insurance Denied 8 $1,213,000 $151,000 $315,000 $82,000 $192,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into American Internet Mortgage, Inc.'s 2012 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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