Amerihome Mortgage Company LLC Mortgage Lending & HMDA Data, 2008

In 2008, Amerihome Mortgage Company LLC of Brookfield, WI reported 807 mortgage applications totaling $212.3 million. The average application was for $263,132, and applicants reported an average income of $99,804. 4% of its applications resulted in an originated loan and 22% were denied. Its largest markets were Chicago-Naperville-Joliet, IL (386), Milwaukee-Waukesha-West Allis, WI (97) and Cambridge-Newton-Framingham, MA (94) (applications in parentheses).

Mortgage Company & Address Amerihome Mortgage Company LLC
611 North Barker Road, Ste. 200
Brookfield, WI 53045
Tel #: available with data download
Federal Regulator * available with data download
Years 2009  2008  
Total Number of Mortgage Applications 807
Total Mortgage Loan Application Amount $212,348,000
Average Mortgage Loan Application Amount $263,132
Highest Mortgage Loan Application Amount $2,500,000
Average Applicant Income $99,804
Highest Applicant Income $1,029,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Amerihome Mortgage Company LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Amerihome Mortgage Company LLC in 2008

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 599 $162,490,000 $271,000 $2,500,000 $98,000 $900,000
Home Purchase 208 $49,858,000 $239,000 $1,500,000 $105,000 $1,029,000
Home Improvement 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
White 531 $149,953,000 $282,000 $2,500,000 $112,000 $1,029,000
Not Provided 131 $26,236,000 $200,000 $675,000 $67,000 $200,000
Hispanic 95 $21,836,000 $229,000 $640,000 $68,000 $360,000
Black or African American 30 $8,845,000 $294,000 $960,000 $118,000 $420,000
Asian 19 $5,198,000 $273,000 $820,000 $118,000 $393,000
American Indian or Alaskan Native 1 $280,000 $280,000 $280,000 $220,000 $220,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
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) 602 $169,019,000 $280,000 $2,500,000 $111,000 $1,029,000
FHA-insured (Federal Housing Administration) 202 $42,513,000 $210,000 $446,000 $67,000 $251,000
VA-guaranteed (Veterans Administration) 3 $816,000 $272,000 $365,000 $78,000 $94,000
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
Application Withdrawn By Applicant 558 $145,631,000 $260,000 $2,500,000 $101,000 $1,029,000
Application Denied By Financial Institution 174 $48,803,000 $280,000 $1,540,000 $101,000 $482,000
File Closed For Incompleteness 36 $8,445,000 $234,000 $650,000 $97,000 $272,000
Loan Originated 34 $7,976,000 $234,000 $385,000 $68,000 $108,000
Application Approved But Not Accepted 5 $1,493,000 $298,000 $600,000 $173,000 $338,000
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
Credit Application Incomplete 101 $27,390,000 $271,000 $960,000 $107,000 $482,000
Credit History 20 $5,029,000 $251,000 $704,000 $68,000 $258,000
Collateral 13 $5,432,000 $417,000 $1,540,000 $134,000 $466,000
Other 12 $3,132,000 $261,000 $640,000 $117,000 $402,000
Debt-To-Income Ratio 9 $2,437,000 $270,000 $600,000 $50,000 $74,000
Unverifiable Information 5 $1,210,000 $242,000 $374,000 $56,000 $78,000
Employment History 3 $472,000 $157,000 $246,000 $45,000 $55,000
Insufficient Cash (Downpayment, Closing Cost) 3 $322,000 $107,000 $228,000 $31,000 $47,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Amerihome Mortgage Company LLC's 2008 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 Amerihome Mortgage Company LLC'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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