Blmc, Inc Mortgage Lending & HMDA Data, 2018

In 2018, Blmc, Inc of Greenville, SC reported 148 mortgage applications totaling $28.9 million, down 2% from 2017. The average application was for $195,405, and applicants reported an average income of $76,418. 84% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Greenville-Anderson-Mauldin, SC (118), Spartanburg, SC (23) and Charleston-North Charleston, SC (2) (applications in parentheses).

Mortgage Company & Address Blmc, Inc
15 Whitsett Street
Greenville, SC 29601
Tel #: available with data download
Federal Regulator * available with data download
Years 2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  
Total Number of Mortgage Applications 148
Total Mortgage Loan Application Amount $28,920,000
Average Mortgage Loan Application Amount $195,405
Highest Mortgage Loan Application Amount $635,000
Average Applicant Income $76,418
Highest Applicant Income $300,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Blmc, Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Blmc, Inc in 2018

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 135 $26,265,000 $194,000 $555,000 $75,000 $300,000
Cash-out Refinancing 7 $1,275,000 $182,000 $235,000 $99,000 $220,000
Refinancing 6 $1,380,000 $230,000 $635,000 $82,000 $201,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 134 $26,370,000 $196,000 $635,000 $76,000 $300,000
Black or African American 8 $1,230,000 $153,000 $285,000 $59,000 $99,000
Hispanic 4 $630,000 $157,000 $205,000 $40,000 $51,000
Asian 2 $690,000 $345,000 $365,000 $275,000 $275,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Not Provided 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) 87 $18,645,000 $214,000 $635,000 $92,000 $300,000
FHA-insured (Federal Housing Administration) 32 $5,780,000 $180,000 $295,000 $54,000 $99,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 18 $2,460,000 $136,000 $205,000 $50,000 $73,000
VA-guaranteed (Veterans Administration) 11 $2,035,000 $185,000 $325,000 $65,000 $111,000

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 125 $24,725,000 $197,000 $635,000 $76,000 $300,000
Application Withdrawn By Applicant 21 $3,955,000 $188,000 $325,000 $78,000 $275,000
File Closed For Incompleteness 2 $240,000 $120,000 $125,000 $70,000 $83,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 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
Not applicable 148 $28,920,000 $195,000 $635,000 $77,000 $300,000
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $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 Blmc, Inc'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 Blmc, 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.
For a list of all lenders in South Carolina, download the full spreadsheet with aggregated HMDA statistics today.

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