Attorneys' Mortgage Services Mortgage Lending & HMDA Data, 2007

In 2007, Attorneys' Mortgage Services of Orlando, FL reported 757 mortgage applications totaling $183.3 million, down 21% from 2006. The average application was for $242,157, and applicants reported an average income of $80,671. 26% of its applications resulted in an originated loan and 18% were denied. Its largest markets were Miami-Miami Beach-Kendall, FL (168), Fort Lauderdale-Pompano Beach-Deerfield Beach, FL (104) and Tampa-St. Petersburg-Clearwater, FL (65) (applications in parentheses).

Mortgage Company & Address Attorneys' Mortgage Services
6545 Corporate Centre Blvd 2nd Floor
Orlando, FL 32822
Tel #: available with data download
Federal Regulator * available with data download
Years 2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 757
Total Mortgage Loan Application Amount $183,313,000
Average Mortgage Loan Application Amount $242,157
Highest Mortgage Loan Application Amount $5,900,000
Average Applicant Income $80,671
Highest Applicant Income $2,500,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Attorneys' Mortgage Services filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Attorneys' Mortgage Services in 2007

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 452 $115,628,000 $255,000 $5,900,000 $77,000 $2,500,000
Home Purchase 304 $67,525,000 $222,000 $990,000 $86,000 $1,000,000
Home Improvement 1 $160,000 $160,000 $160,000 $120,000 $120,000

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 436 $105,811,000 $242,000 $5,900,000 $96,000 $2,500,000
Hispanic 186 $44,378,000 $238,000 $800,000 $67,000 $629,000
Black or African American 86 $18,898,000 $219,000 $591,000 $58,000 $250,000
Not Provided 42 $12,667,000 $301,000 $2,500,000 $43,000 $420,000
Asian 5 $1,210,000 $242,000 $520,000 $39,000 $73,000
American Indian or Alaskan Native 2 $349,000 $174,000 $199,000 $67,000 $84,000
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) 747 $181,375,000 $242,000 $5,900,000 $81,000 $2,500,000
VA-guaranteed (Veterans Administration) 8 $1,542,000 $192,000 $232,000 $55,000 $63,000
FHA-insured (Federal Housing Administration) 2 $396,000 $198,000 $246,000 $50,000 $65,000
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 343 $88,261,000 $257,000 $5,900,000 $86,000 $2,500,000
Loan Originated 194 $41,206,000 $212,000 $1,235,000 $88,000 $700,000
Application Denied By Financial Institution 137 $33,204,000 $242,000 $2,500,000 $54,000 $363,000
File Closed For Incompleteness 82 $20,511,000 $250,000 $1,000,000 $89,000 $495,000
Application Approved But Not Accepted 1 $131,000 $131,000 $131,000 $26,000 $26,000
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 History 54 $12,355,000 $228,000 $625,000 $43,000 $363,000
Debt-To-Income Ratio 45 $9,923,000 $220,000 $600,000 $54,000 $300,000
Collateral 20 $7,290,000 $364,000 $2,500,000 $64,000 $191,000
Insufficient Cash (Downpayment, Closing Cost) 6 $1,248,000 $208,000 $345,000 $67,000 $105,000
Other 6 $1,029,000 $171,000 $325,000 $145,000 $300,000
Employment History 5 $1,179,000 $235,000 $357,000 $18,000 $64,000
Unverifiable Information 1 $180,000 $180,000 $180,000 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Attorneys' Mortgage Services's 2007 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 Attorneys' Mortgage Services'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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