Black Square Real Estate, Inc. Mortgage Lending & HMDA Data, 2018

In 2018, Black Square Real Estate, Inc. of Salt Lake City, UT reported 189 mortgage applications totaling $65.2 million, down 41% from 2017. The average application was for $345,158, and applicants reported an average income of $0. 65% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Chicago-Naperville-Arlington Heights, IL (44), Orlando-Kissimmee-Sanford, FL (8) and Providence-Warwick, RI-MA (7) (applications in parentheses).

Mortgage Company & Address Black Square Real Estate, Inc.
807 East South Temple Ste 200
Salt Lake City, UT 84102
Tel #: available with data download
Federal Regulator * available with data download
Years 2018  2017  
Total Number of Mortgage Applications 189
Total Mortgage Loan Application Amount $65,235,000
Average Mortgage Loan Application Amount $345,158
Highest Mortgage Loan Application Amount $3,465,000
Average Applicant Income $0
Highest Applicant Income $0

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records Black Square Real Estate, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Black Square Real Estate, Inc. by Metropolitan Area in 2018

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 44 $ 7,050,000 $ 160,227 $ 0
Orlando-Kissimmee-Sanford, FL 8 $ 1,030,000 $ 128,750 $ 0
Providence-Warwick, RI-MA 7 $ 1,015,000 $ 145,000 $ 0
Lake County-Kenosha County, IL-WI 6 $ 1,130,000 $ 188,333 $ 0
Nassau County-Suffolk County, NY 6 $ 1,570,000 $ 261,666 $ 0
New York-Jersey City-White Plains, NY-NJ 6 $ 3,640,000 $ 606,666 $ 0
Dallas-Plano-Irving, TX 5 $ 1,105,000 $ 221,000 $ 0
Elgin, IL 5 $ 635,000 $ 127,000 $ 0
Miami-Miami Beach-Kendall, FL 5 $ 815,000 $ 163,000 $ 0
San Jose-Sunnyvale-Santa Clara, CA 5 $ 11,795,000 $ 2,359,000 $ 0
Washington-Arlington-Alexandria, DC-VA-MD-WV 5 $ 1,675,000 $ 335,000 $ 0
Los Angeles-Long Beach-Glendale, CA 4 $ 4,450,000 $ 1,112,500 $ 0
San Francisco-Redwood City-South San Francisco, CA 4 $ 6,540,000 $ 1,635,000 $ 0
Baltimore-Columbia-Towson, MD 3 $ 765,000 $ 255,000 $ 0
Deltona-Daytona Beach-Ormond Beach, FL 3 $ 405,000 $ 135,000 $ 0
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 3 $ 505,000 $ 168,333 $ 0
Fort Worth-Arlington, TX 3 $ 685,000 $ 228,333 $ 0
Houston-The Woodlands-Sugar Land, TX 3 $ 1,055,000 $ 351,666 $ 0
Indianapolis-Carmel-Anderson, IN 3 $ 305,000 $ 101,666 $ 0
Merced, CA 3 $ 565,000 $ 188,333 $ 0
Oakland-Hayward-Berkeley, CA 3 $ 1,035,000 $ 345,000 $ 0
Philadelphia, PA 3 $ 895,000 $ 298,333 $ 0
Sacramento--Roseville--Arden-Arcade, CA 3 $ 1,735,000 $ 578,333 $ 0
Salt Lake City, UT 3 $ 955,000 $ 318,333 $ 0
Tampa-St. Petersburg-Clearwater, FL 3 $ 565,000 $ 188,333 $ 0
Atlanta-Sandy Springs-Roswell, GA 2 $ 280,000 $ 140,000 $ 0
Austin-Round Rock, TX 2 $ 460,000 $ 230,000 $ 0
Beaumont-Port Arthur, TX 2 $ 230,000 $ 115,000 $ 0
Boston, MA 2 $ 1,340,000 $ 670,000 $ 0
Cambridge-Newton-Framingham, MA 2 $ 520,000 $ 260,000 $ 0
Camden, NJ 2 $ 210,000 $ 105,000 $ 0
Charleston-North Charleston, SC 2 $ 470,000 $ 235,000 $ 0
Grants Pass, OR 2 $ 400,000 $ 200,000 $ 0
Jacksonville, FL 2 $ 320,000 $ 160,000 $ 0
Portland-Vancouver-Hillsboro, OR-WA 2 $ 500,000 $ 250,000 $ 0
Riverside-San Bernardino-Ontario, CA 2 $ 770,000 $ 385,000 $ 0
West Palm Beach-Boca Raton-Delray Beach, FL 2 $ 340,000 $ 170,000 $ 0
Amarillo, TX 1 $ 235,000 $ 235,000 $ 0
Bridgeport-Stamford-Norwalk, CT 1 $ 305,000 $ 305,000 $ 0
Buffalo-Cheektowaga-Niagara Falls, NY 1 $ 285,000 $ 285,000 $ 0
Charlotte-Concord-Gastonia, NC-SC 1 $ 215,000 $ 215,000 $ 0
Colorado Springs, CO 1 $ 245,000 $ 245,000 $ 0
Erie, PA 1 $ 75,000 $ 75,000 $ 0
Lansing-East Lansing, MI 1 $ 165,000 $ 165,000 $ 0
Newark, NJ-PA 1 $ 245,000 $ 245,000 $ 0
Ogden-Clearfield, UT 1 $ 85,000 $ 85,000 $ 0
Port St. Lucie, FL 1 $ 165,000 $ 165,000 $ 0
Provo-Orem, UT 1 $ 375,000 $ 375,000 $ 0
Richmond, VA 1 $ 185,000 $ 185,000 $ 0
Salinas, CA 1 $ 1,105,000 $ 1,105,000 $ 0
San Antonio-New Braunfels, TX 1 $ 885,000 $ 885,000 $ 0
San Diego-Carlsbad, CA 1 $ 1,435,000 $ 1,435,000 $ 0
Santa Rosa, CA 1 $ 355,000 $ 355,000 $ 0
Seattle-Bellevue-Everett, WA 1 $ 855,000 $ 855,000 $ 0
Wenatchee, WA 1 $ 105,000 $ 105,000 $ 0
Worcester, MA-CT 1 $ 155,000 $ 155,000 $ 0

Mortgage Loan Application Detail Totals for Black Square Real Estate, 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 189 $65,235,000 $345,000 $3,465,000 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Refinancing 0 $0 $0 $0 $0 $0
Cash-out Refinancing 0 $0 $0 $0 $0 $0
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
Not applicable 189 $65,235,000 $345,000 $3,465,000 $0 $0
Not Provided 0 $0 $0 $0 $0 $0
White 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 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) 189 $65,235,000 $345,000 $3,465,000 $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 123 $42,785,000 $347,000 $3,465,000 $0 $0
Application Withdrawn By Applicant 56 $18,660,000 $333,000 $2,725,000 $0 $0
Application Denied By Financial Institution 10 $3,790,000 $379,000 $1,715,000 $0 $0
Application Approved But Not Accepted 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
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 179 $61,445,000 $343,000 $3,465,000 $0 $0
Collateral 9 $3,675,000 $408,000 $1,715,000 $0 $0
Credit History 1 $115,000 $115,000 $115,000 $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
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Black Square Real Estate, 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 Black Square Real Estate, 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.
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