Blue Brick Financial LLC Mortgage Lending & HMDA Data, 2020

In 2020, Blue Brick Financial LLC of Mesa, AZ reported 240 mortgage applications totaling $80.6 million. The average application was for $335,958, and applicants reported an average income of $114,245. 94% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Phoenix-Mesa-Scottsdale, AZ (72), Denver-Aurora-Lakewood, CO (46) and Provo-Orem, UT (21) (applications in parentheses).

Mortgage Company & Address Blue Brick Financial LLC
4710 E Falcon Dr
Mesa, AZ 85215
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  
Total Number of Mortgage Applications 240
Total Mortgage Loan Application Amount $80,630,000
Average Mortgage Loan Application Amount $335,958
Highest Mortgage Loan Application Amount $625,000
Average Applicant Income $114,245
Highest Applicant Income $335,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Blue Brick Financial LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Blue Brick Financial LLC by County in 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Maricopa, Arizona 68 $ 21,390,000 $ 314,558 $ 110,000
Utah, Utah 21 $ 6,715,000 $ 319,761 $ 104,000
Salt Lake, Utah 18 $ 6,140,000 $ 341,111 $ 129,000
Davis, Utah 12 $ 4,340,000 $ 361,666 $ 142,000
San Diego, California 11 $ 4,555,000 $ 414,090 $ 99,000
Douglas, Colorado 11 $ 3,815,000 $ 346,818 $ 129,000
Arapahoe, Colorado 10 $ 3,020,000 $ 302,000 $ 132,000
Denver, Colorado 9 $ 3,215,000 $ 357,222 $ 111,000
Jefferson, Colorado 9 $ 2,965,000 $ 329,444 $ 111,000
Los Angeles, California 7 $ 2,945,000 $ 420,714 $ 132,000
Adams, Colorado 5 $ 1,795,000 $ 359,000 $ 121,000
Boulder, Colorado 5 $ 1,965,000 $ 393,000 $ 93,000
El Paso, Colorado 5 $ 1,485,000 $ 297,000 $ 85,000
Pima, Arizona 4 $ 1,170,000 $ 292,500 $ 96,000
Pinal, Arizona 4 $ 1,190,000 $ 297,500 $ 103,000
Weld, Colorado 4 $ 1,320,000 $ 330,000 $ 108,000
Riverside, California 3 $ 985,000 $ 328,333 $ 122,000
Ventura, California 3 $ 975,000 $ 325,000 $ 105,000
Larimer, Colorado 3 $ 1,105,000 $ 368,333 $ 104,000
Box Elder, Utah 3 $ 1,015,000 $ 338,333 $ 155,000
Weber, Utah 3 $ 1,055,000 $ 351,666 $ 129,000
Yavapai, Arizona 2 $ 380,000 $ 190,000 $ 103,000
Garfield, Colorado 2 $ 750,000 $ 375,000 $ 97,000
Teller, Colorado 2 $ 860,000 $ 430,000 $ 116,000
Washington, Utah 2 $ 710,000 $ 355,000 $ 78,000
Mohave, Arizona 1 $ 335,000 $ 335,000 $ 104,000
Navajo, Arizona 1 $ 155,000 $ 155,000 $ 59,000
Yuma, Arizona 1 $ 305,000 $ 305,000 $ 43,000
San Bernardino, California 1 $ 325,000 $ 325,000 $ 63,000
San Luis Obispo, California 1 $ 405,000 $ 405,000 $ 103,000
Eagle, Colorado 1 $ 395,000 $ 395,000 $ 157,000
Elbert, Colorado 1 $ 365,000 $ 365,000 $ 170,000
Gilpin, Colorado 1 $ 295,000 $ 295,000 $ 178,000
La Plata, Colorado 1 $ 305,000 $ 305,000 $ 95,000
Summit, Colorado 1 $ 385,000 $ 385,000 $ 147,000
Garfield, Utah 1 $ 195,000 $ 195,000 $ 139,000
Summit, Utah 1 $ 505,000 $ 505,000 $ 113,000
Tooele, Utah 1 $ 285,000 $ 285,000 $ 105,000
Wasatch, Utah 1 $ 515,000 $ 515,000 $ 143,000

Mortgage Loan Application Detail Totals for Blue Brick Financial LLC in 2020

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 197 $64,895,000 $329,000 $625,000 $114,000 $335,000
Cash-out Refinancing 37 $13,215,000 $357,000 $545,000 $113,000 $221,000
Home Purchase 6 $2,520,000 $420,000 $515,000 $130,000 $198,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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
White 204 $67,910,000 $332,000 $625,000 $114,000 $335,000
Not Provided 15 $5,285,000 $352,000 $485,000 $107,000 $208,000
Hispanic 11 $3,945,000 $358,000 $495,000 $93,000 $178,000
Asian 7 $2,535,000 $362,000 $505,000 $146,000 $282,000
Black or African American 3 $955,000 $318,000 $365,000 $179,000 $282,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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) 240 $80,630,000 $335,000 $625,000 $114,000 $335,000
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 225 $75,875,000 $337,000 $625,000 $115,000 $335,000
Application Approved But Not Accepted 8 $2,280,000 $285,000 $405,000 $106,000 $138,000
Application Denied By Financial Institution 7 $2,475,000 $353,000 $475,000 $82,000 $157,000
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
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 233 $78,155,000 $335,000 $625,000 $115,000 $335,000
Debt-To-Income Ratio 5 $1,905,000 $381,000 $475,000 $90,000 $157,000
Other 1 $355,000 $355,000 $355,000 $80,000 $80,000
Unverifiable Information 1 $215,000 $215,000 $215,000 $46,000 $46,000
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 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 Blue Brick Financial LLC's 2020 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 Blue Brick Financial 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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