In 2018, Finance of America Commercial LLC of Charlotte, NC reported 5,449 mortgage applications totaling $1.3 billion, up 88% from 2017. The average application was for $245,759, and applicants reported an average income of $0. 70% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Chicago-Naperville-Arlington Heights, IL (544), New York-Jersey City-White Plains, NY-NJ (432) and Philadelphia, PA (271) (applications in parentheses).
| Mortgage Company & Address | Finance of America Commercial LLC 6230 Fairview Road, Suite 300 Charlotte, NC 28210 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 |
| Total Number of Mortgage Applications | 5,449 |
| Total Mortgage Loan Application Amount | $1,339,145,000 |
| Average Mortgage Loan Application Amount | $245,759 |
| Highest Mortgage Loan Application Amount | $10,305,000 |
| Average Applicant Income | $0 |
| Highest Applicant Income | $0 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Finance of America Commercial LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Chicago-Naperville-Arlington Heights, IL | 544 | $ 102,690,000 | $ 188,768 | $ 0 |
| New York-Jersey City-White Plains, NY-NJ | 432 | $ 131,270,000 | $ 303,865 | $ 0 |
| Philadelphia, PA | 271 | $ 35,295,000 | $ 130,239 | $ 0 |
| Newark, NJ-PA | 249 | $ 66,135,000 | $ 265,602 | $ 0 |
| Atlanta-Sandy Springs-Roswell, GA | 174 | $ 36,280,000 | $ 208,505 | $ 0 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 159 | $ 43,935,000 | $ 276,320 | $ 0 |
| Baltimore-Columbia-Towson, MD | 154 | $ 21,360,000 | $ 138,701 | $ 0 |
| Camden, NJ | 148 | $ 19,780,000 | $ 133,648 | $ 0 |
| Nassau County-Suffolk County, NY | 146 | $ 50,670,000 | $ 347,054 | $ 0 |
| Houston-The Woodlands-Sugar Land, TX | 139 | $ 23,705,000 | $ 170,539 | $ 0 |
| Cape Coral-Fort Myers, FL | 113 | $ 18,225,000 | $ 161,283 | $ 0 |
| Outside any metro area | 93 | $ 19,205,000 | $ 206,505 | $ 0 |
| Dallas-Plano-Irving, TX | 88 | $ 27,640,000 | $ 314,090 | $ 0 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 70 | $ 19,380,000 | $ 276,857 | $ 0 |
| Charlotte-Concord-Gastonia, NC-SC | 63 | $ 11,655,000 | $ 185,000 | $ 0 |
| Los Angeles-Long Beach-Glendale, CA | 62 | $ 53,030,000 | $ 855,322 | $ 0 |
| Montgomery County-Bucks County-Chester County, PA | 60 | $ 12,520,000 | $ 208,666 | $ 0 |
| Portland-Vancouver-Hillsboro, OR-WA | 59 | $ 22,015,000 | $ 373,135 | $ 0 |
| Milwaukee-Waukesha-West Allis, WI | 58 | $ 7,100,000 | $ 122,413 | $ 0 |
| Orlando-Kissimmee-Sanford, FL | 56 | $ 20,240,000 | $ 361,428 | $ 0 |
| Warren-Troy-Farmington Hills, MI | 53 | $ 11,085,000 | $ 209,150 | $ 0 |
| Albuquerque, NM | 52 | $ 7,930,000 | $ 152,500 | $ 0 |
| New Haven-Milford, CT | 49 | $ 10,785,000 | $ 220,102 | $ 0 |
| Louisville/Jefferson County, KY-IN | 48 | $ 2,580,000 | $ 53,750 | $ 0 |
| Miami-Miami Beach-Kendall, FL | 48 | $ 15,460,000 | $ 322,083 | $ 0 |
| Trenton, NJ | 48 | $ 7,680,000 | $ 160,000 | $ 0 |
| Fort Worth-Arlington, TX | 45 | $ 6,245,000 | $ 138,777 | $ 0 |
| Jacksonville, FL | 43 | $ 8,695,000 | $ 202,209 | $ 0 |
| Phoenix-Mesa-Scottsdale, AZ | 43 | $ 16,745,000 | $ 389,418 | $ 0 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 42 | $ 11,120,000 | $ 264,761 | $ 0 |
| Tampa-St. Petersburg-Clearwater, FL | 42 | $ 14,060,000 | $ 334,761 | $ 0 |
| Detroit-Dearborn-Livonia, MI | 41 | $ 10,175,000 | $ 248,170 | $ 0 |
| Lake County-Kenosha County, IL-WI | 38 | $ 5,620,000 | $ 147,894 | $ 0 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 38 | $ 6,960,000 | $ 183,157 | $ 0 |
| Las Vegas-Henderson-Paradise, NV | 36 | $ 9,850,000 | $ 273,611 | $ 0 |
| Denver-Aurora-Lakewood, CO | 35 | $ 14,235,000 | $ 406,714 | $ 0 |
| Indianapolis-Carmel-Anderson, IN | 34 | $ 6,260,000 | $ 184,117 | $ 0 |
| Riverside-San Bernardino-Ontario, CA | 34 | $ 8,930,000 | $ 262,647 | $ 0 |
| Columbus, OH | 33 | $ 9,755,000 | $ 295,606 | $ 0 |
| Gary, IN | 32 | $ 3,620,000 | $ 113,125 | $ 0 |
| Palm Bay-Melbourne-Titusville, FL | 30 | $ 5,450,000 | $ 181,666 | $ 0 |
| Bridgeport-Stamford-Norwalk, CT | 29 | $ 20,155,000 | $ 695,000 | $ 0 |
| Providence-Warwick, RI-MA | 29 | $ 5,345,000 | $ 184,310 | $ 0 |
| Hartford-West Hartford-East Hartford, CT | 27 | $ 3,715,000 | $ 137,592 | $ 0 |
| Wilmington, DE-MD-NJ | 26 | $ 3,510,000 | $ 135,000 | $ 0 |
| Richmond, VA | 24 | $ 4,060,000 | $ 169,166 | $ 0 |
| San Antonio-New Braunfels, TX | 24 | $ 5,730,000 | $ 238,750 | $ 0 |
| Worcester, MA-CT | 24 | $ 4,930,000 | $ 205,416 | $ 0 |
| Sacramento--Roseville--Arden-Arcade, CA | 23 | $ 15,615,000 | $ 678,913 | $ 0 |
| Kansas City, MO-KS | 20 | $ 2,950,000 | $ 147,500 | $ 0 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 20 | $ 4,010,000 | $ 200,500 | $ 0 |
| Cleveland-Elyria, OH | 19 | $ 1,855,000 | $ 97,631 | $ 0 |
| Pittsburgh, PA | 19 | $ 2,405,000 | $ 126,578 | $ 0 |
| St. Louis, MO-IL | 19 | $ 2,705,000 | $ 142,368 | $ 0 |
| Boston, MA | 18 | $ 8,510,000 | $ 472,777 | $ 0 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 18 | $ 7,870,000 | $ 437,222 | $ 0 |
| Seattle-Bellevue-Everett, WA | 18 | $ 8,920,000 | $ 495,555 | $ 0 |
| Oakland-Hayward-Berkeley, CA | 17 | $ 10,145,000 | $ 596,764 | $ 0 |
| Ocala, FL | 16 | $ 2,810,000 | $ 175,625 | $ 0 |
| Montgomery, AL | 15 | $ 1,225,000 | $ 81,666 | $ 0 |
| Allentown-Bethlehem-Easton, PA-NJ | 14 | $ 1,750,000 | $ 125,000 | $ 0 |
| Austin-Round Rock, TX | 14 | $ 3,870,000 | $ 276,428 | $ 0 |
| Cambridge-Newton-Framingham, MA | 14 | $ 7,200,000 | $ 514,285 | $ 0 |
| Anaheim-Santa Ana-Irvine, CA | 13 | $ 16,705,000 | $ 1,285,000 | $ 0 |
| Birmingham-Hoover, AL | 13 | $ 1,815,000 | $ 139,615 | $ 0 |
| Charleston-North Charleston, SC | 13 | $ 2,805,000 | $ 215,769 | $ 0 |
| Fort Collins, CO | 13 | $ 3,795,000 | $ 291,923 | $ 0 |
| Grand Rapids-Wyoming, MI | 13 | $ 1,825,000 | $ 140,384 | $ 0 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 13 | $ 6,945,000 | $ 534,230 | $ 0 |
| Augusta-Richmond County, GA-SC | 12 | $ 3,550,000 | $ 295,833 | $ 0 |
| Boise City, ID | 12 | $ 2,610,000 | $ 217,500 | $ 0 |
| Elgin, IL | 12 | $ 1,760,000 | $ 146,666 | $ 0 |
| Memphis, TN-MS-AR | 12 | $ 1,590,000 | $ 132,500 | $ 0 |
| North Port-Sarasota-Bradenton, FL | 12 | $ 2,210,000 | $ 184,166 | $ 0 |
| Tallahassee, FL | 12 | $ 1,480,000 | $ 123,333 | $ 0 |
| Buffalo-Cheektowaga-Niagara Falls, NY | 11 | $ 2,075,000 | $ 188,636 | $ 0 |
| Columbia, SC | 11 | $ 1,415,000 | $ 128,636 | $ 0 |
| Durham-Chapel Hill, NC | 11 | $ 3,585,000 | $ 325,909 | $ 0 |
| East Stroudsburg, PA | 11 | $ 1,555,000 | $ 141,363 | $ 0 |
| Flint, MI | 11 | $ 2,205,000 | $ 200,454 | $ 0 |
| Greeley, CO | 11 | $ 2,025,000 | $ 184,090 | $ 0 |
| Macon-Bibb County, GA | 11 | $ 2,005,000 | $ 182,272 | $ 0 |
| Pensacola-Ferry Pass-Brent, FL | 11 | $ 1,065,000 | $ 96,818 | $ 0 |
| Punta Gorda, FL | 11 | $ 2,305,000 | $ 209,545 | $ 0 |
| Scranton--Wilkes-Barre--Hazleton, PA | 11 | $ 1,265,000 | $ 115,000 | $ 0 |
| Albany-Schenectady-Troy, NY | 10 | $ 1,300,000 | $ 130,000 | $ 0 |
| Bellingham, WA | 10 | $ 3,470,000 | $ 347,000 | $ 0 |
| New Orleans-Metairie, LA | 10 | $ 1,810,000 | $ 181,000 | $ 0 |
| Port St. Lucie, FL | 10 | $ 1,460,000 | $ 146,000 | $ 0 |
| Silver Spring-Frederick-Rockville, MD | 10 | $ 2,880,000 | $ 288,000 | $ 0 |
| Cincinnati, OH-KY-IN | 9 | $ 1,405,000 | $ 156,111 | $ 0 |
| Colorado Springs, CO | 9 | $ 1,645,000 | $ 182,777 | $ 0 |
| Dayton, OH | 9 | $ 1,835,000 | $ 203,888 | $ 0 |
| Racine, WI | 9 | $ 895,000 | $ 99,444 | $ 0 |
| Reading, PA | 9 | $ 845,000 | $ 93,888 | $ 0 |
| Valdosta, GA | 9 | $ 1,145,000 | $ 127,222 | $ 0 |
| Ann Arbor, MI | 8 | $ 4,300,000 | $ 537,500 | $ 0 |
| Atlantic City-Hammonton, NJ | 8 | $ 1,310,000 | $ 163,750 | $ 0 |
| Lancaster, PA | 8 | $ 930,000 | $ 116,250 | $ 0 |
| Springfield, MA | 8 | $ 990,000 | $ 123,750 | $ 0 |
| Athens-Clarke County, GA | 7 | $ 1,015,000 | $ 145,000 | $ 0 |
| Chattanooga, TN-GA | 7 | $ 525,000 | $ 75,000 | $ 0 |
| Deltona-Daytona Beach-Ormond Beach, FL | 7 | $ 965,000 | $ 137,857 | $ 0 |
| Eugene, OR | 7 | $ 1,355,000 | $ 193,571 | $ 0 |
| Kahului-Wailuku-Lahaina, HI | 7 | $ 7,805,000 | $ 1,115,000 | $ 0 |
| Lakeland-Winter Haven, FL | 7 | $ 1,005,000 | $ 143,571 | $ 0 |
| Raleigh, NC | 7 | $ 1,825,000 | $ 260,714 | $ 0 |
| Rochester, NY | 7 | $ 935,000 | $ 133,571 | $ 0 |
| San Diego-Carlsbad, CA | 7 | $ 7,065,000 | $ 1,009,285 | $ 0 |
| Boulder, CO | 6 | $ 1,990,000 | $ 331,666 | $ 0 |
| Cumberland, MD-WV | 6 | $ 530,000 | $ 88,333 | $ 0 |
| Dutchess County-Putnam County, NY | 6 | $ 1,020,000 | $ 170,000 | $ 0 |
| Fayetteville, NC | 6 | $ 510,000 | $ 85,000 | $ 0 |
| Florence, SC | 6 | $ 1,080,000 | $ 180,000 | $ 0 |
| Greenville-Anderson-Mauldin, SC | 6 | $ 700,000 | $ 116,666 | $ 0 |
| Naples-Immokalee-Marco Island, FL | 6 | $ 1,490,000 | $ 248,333 | $ 0 |
| Oxnard-Thousand Oaks-Ventura, CA | 6 | $ 4,300,000 | $ 716,666 | $ 0 |
| Salisbury, MD-DE | 6 | $ 650,000 | $ 108,333 | $ 0 |
| Tacoma-Lakewood, WA | 6 | $ 1,290,000 | $ 215,000 | $ 0 |
| Decatur, AL | 5 | $ 515,000 | $ 103,000 | $ 0 |
| Gulfport-Biloxi-Pascagoula, MS | 5 | $ 805,000 | $ 161,000 | $ 0 |
| Lafayette, LA | 5 | $ 645,000 | $ 129,000 | $ 0 |
| Michigan City-La Porte, IN | 5 | $ 475,000 | $ 95,000 | $ 0 |
| Reno, NV | 5 | $ 2,475,000 | $ 495,000 | $ 0 |
| San Jose-Sunnyvale-Santa Clara, CA | 5 | $ 4,955,000 | $ 991,000 | $ 0 |
| Santa Fe, NM | 5 | $ 1,115,000 | $ 223,000 | $ 0 |
| Stockton-Lodi, CA | 5 | $ 1,215,000 | $ 243,000 | $ 0 |
| Urban Honolulu, HI | 5 | $ 2,235,000 | $ 447,000 | $ 0 |
| York-Hanover, PA | 5 | $ 3,585,000 | $ 717,000 | $ 0 |
| Baton Rouge, LA | 4 | $ 1,720,000 | $ 430,000 | $ 0 |
| Beaumont-Port Arthur, TX | 4 | $ 520,000 | $ 130,000 | $ 0 |
| Corvallis, OR | 4 | $ 1,340,000 | $ 335,000 | $ 0 |
| El Paso, TX | 4 | $ 1,110,000 | $ 277,500 | $ 0 |
| Homosassa Springs, FL | 4 | $ 760,000 | $ 190,000 | $ 0 |
| Longview, TX | 4 | $ 330,000 | $ 82,500 | $ 0 |
| Salem, OR | 4 | $ 3,030,000 | $ 757,500 | $ 0 |
| Salinas, CA | 4 | $ 2,160,000 | $ 540,000 | $ 0 |
| State College, PA | 4 | $ 550,000 | $ 137,500 | $ 0 |
| Tucson, AZ | 4 | $ 560,000 | $ 140,000 | $ 0 |
| Tulsa, OK | 4 | $ 510,000 | $ 127,500 | $ 0 |
| Bremerton-Silverdale, WA | 3 | $ 575,000 | $ 191,666 | $ 0 |
| Crestview-Fort Walton Beach-Destin, FL | 3 | $ 395,000 | $ 131,666 | $ 0 |
| Davenport-Moline-Rock Island, IA-IL | 3 | $ 10,515,000 | $ 3,505,000 | $ 0 |
| Fort Smith, AR-OK | 3 | $ 265,000 | $ 88,333 | $ 0 |
| Green Bay, WI | 3 | $ 445,000 | $ 148,333 | $ 0 |
| Greenville, NC | 3 | $ 285,000 | $ 95,000 | $ 0 |
| Harrisburg-Carlisle, PA | 3 | $ 215,000 | $ 71,666 | $ 0 |
| Hilton Head Island-Bluffton-Beaufort, SC | 3 | $ 895,000 | $ 298,333 | $ 0 |
| Lansing-East Lansing, MI | 3 | $ 295,000 | $ 98,333 | $ 0 |
| Panama City, FL | 3 | $ 395,000 | $ 131,666 | $ 0 |
| Rockingham County-Strafford County, NH | 3 | $ 755,000 | $ 251,666 | $ 0 |
| Sherman-Denison, TX | 3 | $ 235,000 | $ 78,333 | $ 0 |
| Shreveport-Bossier City, LA | 3 | $ 305,000 | $ 101,666 | $ 0 |
| Sumter, SC | 3 | $ 445,000 | $ 148,333 | $ 0 |
| Vallejo-Fairfield, CA | 3 | $ 865,000 | $ 288,333 | $ 0 |
| Wilmington, NC | 3 | $ 405,000 | $ 135,000 | $ 0 |
| Yuba City, CA | 3 | $ 375,000 | $ 125,000 | $ 0 |
| Akron, OH | 2 | $ 1,070,000 | $ 535,000 | $ 0 |
| Barnstable Town, MA | 2 | $ 520,000 | $ 260,000 | $ 0 |
| Bloomsburg-Berwick, PA | 2 | $ 180,000 | $ 90,000 | $ 0 |
| California-Lexington Park, MD | 2 | $ 230,000 | $ 115,000 | $ 0 |
| Champaign-Urbana, IL | 2 | $ 170,000 | $ 85,000 | $ 0 |
| Chico, CA | 2 | $ 470,000 | $ 235,000 | $ 0 |
| Cleveland, TN | 2 | $ 420,000 | $ 210,000 | $ 0 |
| Columbus, GA-AL | 2 | $ 290,000 | $ 145,000 | $ 0 |
| Corpus Christi, TX | 2 | $ 360,000 | $ 180,000 | $ 0 |
| Des Moines-West Des Moines, IA | 2 | $ 170,000 | $ 85,000 | $ 0 |
| Dover, DE | 2 | $ 130,000 | $ 65,000 | $ 0 |
| Grants Pass, OR | 2 | $ 530,000 | $ 265,000 | $ 0 |
| Hagerstown-Martinsburg, MD-WV | 2 | $ 260,000 | $ 130,000 | $ 0 |
| Huntsville, AL | 2 | $ 230,000 | $ 115,000 | $ 0 |
| La Crosse-Onalaska, WI-MN | 2 | $ 150,000 | $ 75,000 | $ 0 |
| Lexington-Fayette, KY | 2 | $ 270,000 | $ 135,000 | $ 0 |
| Longview, WA | 2 | $ 130,000 | $ 65,000 | $ 0 |
| Manchester-Nashua, NH | 2 | $ 440,000 | $ 220,000 | $ 0 |
| Mobile, AL | 2 | $ 360,000 | $ 180,000 | $ 0 |
| Modesto, CA | 2 | $ 490,000 | $ 245,000 | $ 0 |
| New Bern, NC | 2 | $ 160,000 | $ 80,000 | $ 0 |
| Norwich-New London, CT | 2 | $ 240,000 | $ 120,000 | $ 0 |
| Ocean City, NJ | 2 | $ 370,000 | $ 185,000 | $ 0 |
| Peoria, IL | 2 | $ 330,000 | $ 165,000 | $ 0 |
| Rocky Mount, NC | 2 | $ 200,000 | $ 100,000 | $ 0 |
| San Francisco-Redwood City-South San Francisco, CA | 2 | $ 2,380,000 | $ 1,190,000 | $ 0 |
| Santa Rosa, CA | 2 | $ 1,860,000 | $ 930,000 | $ 0 |
| Savannah, GA | 2 | $ 560,000 | $ 280,000 | $ 0 |
| Sebastian-Vero Beach, FL | 2 | $ 750,000 | $ 375,000 | $ 0 |
| South Bend-Mishawaka, IN-MI | 2 | $ 220,000 | $ 110,000 | $ 0 |
| Spartanburg, SC | 2 | $ 240,000 | $ 120,000 | $ 0 |
| Springfield, MO | 2 | $ 180,000 | $ 90,000 | $ 0 |
| St. Joseph, MO-KS | 2 | $ 120,000 | $ 60,000 | $ 0 |
| Tyler, TX | 2 | $ 820,000 | $ 410,000 | $ 0 |
| Vineland-Bridgeton, NJ | 2 | $ 260,000 | $ 130,000 | $ 0 |
| Warner Robins, GA | 2 | $ 980,000 | $ 490,000 | $ 0 |
| Ames, IA | 1 | $ 1,465,000 | $ 1,465,000 | $ 0 |
| Asheville, NC | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Bangor, ME | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Beckley, WV | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Bloomington, IL | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Cedar Rapids, IA | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Eau Claire, WI | 1 | $ 95,000 | $ 95,000 | $ 0 |
| Elkhart-Goshen, IN | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Florence-Muscle Shoals, AL | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Gainesville, GA | 1 | $ 95,000 | $ 95,000 | $ 0 |
| Greensboro-High Point, NC | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Hammond, LA | 1 | $ 155,000 | $ 155,000 | $ 0 |
| Hickory-Lenoir-Morganton, NC | 1 | $ 95,000 | $ 95,000 | $ 0 |
| Ithaca, NY | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Jackson, MI | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Kalamazoo-Portage, MI | 1 | $ 415,000 | $ 415,000 | $ 0 |
| Kankakee, IL | 1 | $ 125,000 | $ 125,000 | $ 0 |
| Kennewick-Richland, WA | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Killeen-Temple, TX | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Kingsport-Bristol-Bristol, TN-VA | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Knoxville, TN | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Lake Charles, LA | 1 | $ 375,000 | $ 375,000 | $ 0 |
| Lake Havasu City-Kingman, AZ | 1 | $ 275,000 | $ 275,000 | $ 0 |
| Madison, WI | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Medford, OR | 1 | $ 285,000 | $ 285,000 | $ 0 |
| Merced, CA | 1 | $ 125,000 | $ 125,000 | $ 0 |
| Midland, TX | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Monroe, MI | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Oklahoma City, OK | 1 | $ 415,000 | $ 415,000 | $ 0 |
| Portland-South Portland, ME | 1 | $ 1,835,000 | $ 1,835,000 | $ 0 |
| Rome, GA | 1 | $ 55,000 | $ 55,000 | $ 0 |
| Spokane-Spokane Valley, WA | 1 | $ 145,000 | $ 145,000 | $ 0 |
| Springfield, IL | 1 | $ 105,000 | $ 105,000 | $ 0 |
| St. Cloud, MN | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Staunton-Waynesboro, VA | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Syracuse, NY | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Toledo, OH | 1 | $ 315,000 | $ 315,000 | $ 0 |
| Waco, TX | 1 | $ 75,000 | $ 75,000 | $ 0 |
| Walla Walla, WA | 1 | $ 215,000 | $ 215,000 | $ 0 |
| Waterloo-Cedar Falls, IA | 1 | $ 65,000 | $ 65,000 | $ 0 |
| Wichita Falls, TX | 1 | $ 105,000 | $ 105,000 | $ 0 |
| Winston-Salem, NC | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Yakima, WA | 1 | $ 165,000 | $ 165,000 | $ 0 |
| Youngstown-Warren-Boardman, OH-PA | 1 | $ 95,000 | $ 95,000 | $ 0 |
| Yuma, AZ | 1 | $ 65,000 | $ 65,000 | $ 0 |
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 | 2,952 | $692,790,000 | $234,000 | $6,235,000 | $0 | $0 |
| Cash-out Refinancing | 1,294 | $241,500,000 | $186,000 | $6,505,000 | $0 | $0 |
| Refinancing | 1,043 | $331,615,000 | $317,000 | $10,305,000 | $0 | $0 |
| Other Purpose | 160 | $73,240,000 | $457,000 | $3,685,000 | $0 | $0 |
| Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Applicable | 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 |
|---|---|---|---|---|---|---|
| Not applicable | 4,587 | $1,169,075,000 | $254,000 | $10,305,000 | $0 | $0 |
| Not Provided | 824 | $162,820,000 | $197,000 | $1,995,000 | $0 | $0 |
| White | 26 | $4,700,000 | $180,000 | $545,000 | $0 | $0 |
| Hispanic | 7 | $1,635,000 | $233,000 | $415,000 | $0 | $0 |
| Black or African American | 3 | $525,000 | $175,000 | $235,000 | $0 | $0 |
| Asian | 1 | $105,000 | $105,000 | $105,000 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 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) | 5,449 | $1,339,145,000 | $245,000 | $10,305,000 | $0 | $0 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 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 | 3,788 | $897,730,000 | $236,000 | $10,305,000 | $0 | $0 |
| Application Withdrawn By Applicant | 1,101 | $313,995,000 | $285,000 | $2,835,000 | $0 | $0 |
| Application Denied By Financial Institution | 350 | $74,290,000 | $212,000 | $6,505,000 | $0 | $0 |
| File Closed For Incompleteness | 151 | $37,205,000 | $246,000 | $1,625,000 | $0 | $0 |
| Application Approved But Not Accepted | 59 | $15,925,000 | $269,000 | $2,765,000 | $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 |
|---|---|---|---|---|---|---|
| Not applicable | 5,099 | $1,264,855,000 | $248,000 | $10,305,000 | $0 | $0 |
| Other | 223 | $43,105,000 | $193,000 | $1,735,000 | $0 | $0 |
| Collateral | 62 | $17,750,000 | $286,000 | $6,505,000 | $0 | $0 |
| Credit History | 41 | $9,235,000 | $225,000 | $1,205,000 | $0 | $0 |
| Credit Application Incomplete | 13 | $2,525,000 | $194,000 | $565,000 | $0 | $0 |
| Debt-To-Income Ratio | 8 | $1,240,000 | $155,000 | $245,000 | $0 | $0 |
| Unverifiable Information | 3 | $435,000 | $145,000 | $205,000 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Finance of America Commercial LLC's 2018 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 Finance of America Commercial 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.
For a list of all lenders in North Carolina, download the full spreadsheet
with aggregated HMDA statistics today.
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