Bankmortgagesolutions LLC Mortgage Lending & HMDA Data, 2011

In 2011, Bankmortgagesolutions LLC of Lenexa, KS reported 18 mortgage applications totaling $3.5 million, down 96% from 2010. The average application was for $196,055, and applicants reported an average income of $78,888. 67% of its applications resulted in an originated loan and 28% were denied. Its largest markets were Kansas City, MO-KS (4), Washington-Arlington-Alexandria, DC-VA-MD-WV (3) and St. Joseph, MO-KS (2) (applications in parentheses).

Mortgage Company & Address Bankmortgagesolutions LLC
14425 College Blvd Suite 100
Lenexa, KS 66215
Tel #: available with data download
Federal Regulator * available with data download
Years 2011  2010  2009  2008  
Total Number of Mortgage Applications 18
Total Mortgage Loan Application Amount $3,529,000
Average Mortgage Loan Application Amount $196,055
Highest Mortgage Loan Application Amount $395,000
Average Applicant Income $78,888
Highest Applicant Income $385,000

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records Bankmortgagesolutions LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Bankmortgagesolutions LLC by County in 2011

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Buchanan, Missouri 2 $ 242,000 $ 121,000 $ 36,000
District of Columbia, District Of Columbia 1 $ 165,000 $ 165,000 $ 54,000
Miami-Dade, Florida 1 $ 348,000 $ 348,000 $ 385,000
Twin Falls, Idaho 1 $ 146,000 $ 146,000 $ 61,000
Douglas, Kansas 1 $ 274,000 $ 274,000 $ 111,000
Franklin, Kansas 1 $ 77,000 $ 77,000 $ 30,000
Geary, Kansas 1 $ 163,000 $ 163,000 $ 62,000
Leavenworth, Kansas 1 $ 77,000 $ 77,000 $ 27,000
Daviess, Missouri 1 $ 207,000 $ 207,000 $ 74,000
Jackson, Missouri 1 $ 253,000 $ 253,000 $ 132,000
Platte, Missouri 1 $ 99,000 $ 99,000 $ 50,000
Harnett, North Carolina 1 $ 222,000 $ 222,000 $ 46,000
Collin, Texas 1 $ 168,000 $ 168,000 $ 58,000
Harris, Texas 1 $ 210,000 $ 210,000 $ 105,000
Fairfax, Virginia 1 $ 388,000 $ 388,000 $ 0
Loudoun, Virginia 1 $ 395,000 $ 395,000 $ 137,000

Mortgage Loan Application Detail Totals for Bankmortgagesolutions LLC in 2011

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 11 $1,859,000 $169,000 $395,000 $61,000 $137,000
Refinancing 7 $1,670,000 $238,000 $388,000 $107,000 $385,000
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 14 $2,449,000 $174,000 $388,000 $72,000 $385,000
Hispanic 2 $605,000 $302,000 $395,000 $121,000 $137,000
Asian 1 $253,000 $253,000 $253,000 $132,000 $132,000
Black or African American 1 $222,000 $222,000 $222,000 $46,000 $46,000
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
VA-guaranteed (Veterans Administration) 7 $1,559,000 $222,000 $395,000 $55,000 $137,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 6 $1,314,000 $219,000 $348,000 $131,000 $385,000
FHA-insured (Federal Housing Administration) 5 $656,000 $131,000 $274,000 $51,000 $111,000
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
Loan Originated 12 $2,538,000 $211,000 $395,000 $67,000 $137,000
Application Denied By Financial Institution 5 $896,000 $179,000 $348,000 $118,000 $385,000
Preapproval Denied by Financial Institution 1 $95,000 $95,000 $95,000 $30,000 $30,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
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

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
Collateral 3 $449,000 $149,000 $207,000 $52,000 $74,000
Other 1 $348,000 $348,000 $348,000 $385,000 $385,000
Credit History 1 $95,000 $95,000 $95,000 $30,000 $30,000
Debt-To-Income Ratio 1 $99,000 $99,000 $99,000 $50,000 $50,000
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
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Bankmortgagesolutions LLC's 2011 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 Bankmortgagesolutions 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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