Amres Corporation Mortgage Lending & HMDA Data, 2017

In 2017, Amres Corporation of Trevose, PA reported 1,103 mortgage applications totaling $278.8 million. The average application was for $252,801, and applicants reported an average income of $104,365. 52% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Montgomery County-Bucks County-Chester County, PA (162), Philadelphia, PA (119) and Fort Lauderdale-Pompano Beach-Deerfield Beach, FL (50) (applications in parentheses).

Mortgage Company & Address Amres Corporation
1 Neshaminy Interplex, Suite 310
Trevose, PA 19053
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  
Total Number of Mortgage Applications 1,103
Total Mortgage Loan Application Amount $278,840,000
Average Mortgage Loan Application Amount $252,801
Highest Mortgage Loan Application Amount $795,000
Average Applicant Income $104,365
Highest Applicant Income $1,309,000

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Act (HMDA) records Amres Corporation filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Download the Pennsylvania Lender List

Mortgage Loan Application Detail Totals for Amres Corporation in 2017

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 595 $139,183,000 $233,000 $640,000 $97,000 $1,309,000
Refinancing 476 $131,277,000 $275,000 $795,000 $114,000 $671,000
Home Improvement 32 $8,380,000 $261,000 $728,000 $98,000 $198,000

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 554 $135,825,000 $245,000 $636,000 $105,000 $1,309,000
Not Provided 175 $46,495,000 $265,000 $780,000 $111,000 $693,000
Asian 140 $41,384,000 $295,000 $795,000 $121,000 $382,000
Black or African American 125 $27,198,000 $217,000 $728,000 $86,000 $547,000
Hispanic 101 $25,648,000 $253,000 $541,000 $90,000 $300,000
American Indian or Alaskan Native 5 $871,000 $174,000 $306,000 $67,000 $96,000
Native Hawaiian or Other Pacific Islander 3 $1,419,000 $473,000 $617,000 $166,000 $274,000
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) 816 $215,235,000 $263,000 $795,000 $116,000 $1,309,000
FHA-insured (Federal Housing Administration) 264 $58,463,000 $221,000 $626,000 $70,000 $547,000
VA-guaranteed (Veterans Administration) 22 $4,868,000 $221,000 $492,000 $80,000 $232,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $274,000 $274,000 $274,000 $92,000 $92,000

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 576 $148,923,000 $258,000 $728,000 $111,000 $693,000
Application Withdrawn By Applicant 394 $97,513,000 $247,000 $795,000 $98,000 $1,309,000
Application Denied By Financial Institution 93 $21,132,000 $227,000 $570,000 $88,000 $219,000
Application Approved But Not Accepted 40 $11,272,000 $281,000 $581,000 $109,000 $641,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
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
Debt-To-Income Ratio 26 $6,240,000 $240,000 $527,000 $92,000 $219,000
Credit Application Incomplete 14 $3,597,000 $256,000 $570,000 $82,000 $168,000
Credit History 11 $2,317,000 $210,000 $386,000 $74,000 $143,000
Collateral 9 $1,955,000 $217,000 $365,000 $119,000 $209,000
Other 5 $1,086,000 $217,000 $420,000 $57,000 $87,000
Unverifiable Information 5 $952,000 $190,000 $351,000 $60,000 $96,000
Employment History 3 $915,000 $305,000 $417,000 $98,000 $153,000
Insufficient Cash (Downpayment, Closing Cost) 1 $86,000 $86,000 $86,000 $18,000 $18,000
Mortgage Insurance Denied 1 $86,000 $86,000 $86,000 $29,000 $29,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Amres Corporation's 2017 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 Amres Corporation'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 Pennsylvania, download the full spreadsheet with aggregated HMDA statistics today.

Download the Pennsylvania Lender List