Bond Street Mortgage, LLC Mortgage Lending & HMDA Data, 2013

In 2013, Bond Street Mortgage, LLC of Paramus, NJ reported 464 mortgage applications totaling $141.7 million. The average application was for $305,308, and applicants reported an average income of $135,834. 96% of its applications resulted in an originated loan and 0% were denied. Its largest markets were New York-White Plains-Wayne, NY-NJ (298), Edison-New Brunswick, NJ (68) and Newark-Union, NJ-PA (60) (applications in parentheses).

Mortgage Company & Address Bond Street Mortgage, LLC
115 West Century Road
Paramus, NJ 07652
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  
Total Number of Mortgage Applications 464
Total Mortgage Loan Application Amount $141,663,000
Average Mortgage Loan Application Amount $305,308
Highest Mortgage Loan Application Amount $870,000
Average Applicant Income $135,834
Highest Applicant Income $756,000

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records Bond Street Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for Bond Street Mortgage, LLC in 2013

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 313 $94,459,000 $301,000 $760,000 $125,000 $708,000
Refinancing 150 $47,104,000 $314,000 $870,000 $159,000 $756,000
Home Improvement 1 $100,000 $100,000 $100,000 $52,000 $52,000

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 302 $91,502,000 $302,000 $870,000 $134,000 $756,000
Asian 60 $19,849,000 $330,000 $608,000 $174,000 $400,000
Hispanic 47 $13,397,000 $285,000 $539,000 $108,000 $538,000
Not Provided 29 $9,699,000 $334,000 $625,000 $162,000 $708,000
Black or African American 21 $5,496,000 $261,000 $403,000 $93,000 $187,000
American Indian or Alaskan Native 3 $806,000 $268,000 $309,000 $68,000 $74,000
Native Hawaiian or Other Pacific Islander 2 $914,000 $457,000 $600,000 $174,000 $274,000
Not applicable 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) 352 $107,636,000 $305,000 $870,000 $146,000 $756,000
FHA-insured (Federal Housing Administration) 104 $31,665,000 $304,000 $701,000 $103,000 $538,000
VA-guaranteed (Veterans Administration) 7 $2,130,000 $304,000 $470,000 $119,000 $197,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $232,000 $232,000 $232,000 $66,000 $66,000

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 447 $137,189,000 $306,000 $870,000 $135,000 $708,000
Application Withdrawn By Applicant 15 $4,118,000 $274,000 $750,000 $153,000 $756,000
Application Approved But Not Accepted 1 $120,000 $120,000 $120,000 $119,000 $119,000
Application Denied By Financial Institution 1 $236,000 $236,000 $236,000 $108,000 $108,000
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
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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Bond Street Mortgage, LLC's 2013 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 Bond Street Mortgage, 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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