Brand Mortgage Group, LLC Mortgage Lending & HMDA Data, 2017

In 2017, Brand Mortgage Group, LLC of Lawrenceville, GA reported 4,880 mortgage applications totaling $1.2 billion, down 17% from 2016. The average application was for $238,153, and applicants reported an average income of $108,480. 75% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Atlanta-Sandy Springs-Roswell, GA (2,725), Brunswick, GA (264) and Washington-Arlington-Alexandria, DC-VA-MD-WV (189) (applications in parentheses).

Mortgage Company & Address Brand Mortgage Group, LLC
1255 Lakes Parkway, Bldg 300, St 200
Lawrenceville, GA 30043
Tel #: available with data download
Federal Regulator * available with data download
Years 2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  
Total Number of Mortgage Applications 4,880
Total Mortgage Loan Application Amount $1,162,187,000
Average Mortgage Loan Application Amount $238,153
Highest Mortgage Loan Application Amount $3,000,000
Average Applicant Income $108,480
Highest Applicant Income $3,945,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Brand Mortgage Group, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Brand Mortgage Group, LLC in 2017

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 4,326 $1,024,187,000 $236,000 $3,000,000 $106,000 $3,945,000
Refinancing 533 $131,440,000 $246,000 $1,500,000 $128,000 $1,700,000
Home Improvement 21 $6,560,000 $312,000 $1,238,000 $124,000 $395,000

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 2,829 $703,649,000 $248,000 $3,000,000 $118,000 $3,945,000
Not Provided 747 $191,599,000 $256,000 $1,500,000 $127,000 $2,459,000
Black or African American 548 $108,581,000 $198,000 $920,000 $74,000 $624,000
Hispanic 512 $103,096,000 $201,000 $667,000 $67,000 $579,000
Asian 201 $46,426,000 $230,000 $585,000 $108,000 $543,000
American Indian or Alaskan Native 30 $6,042,000 $201,000 $772,000 $99,000 $425,000
Native Hawaiian or Other Pacific Islander 10 $2,077,000 $207,000 $413,000 $49,000 $97,000
Not applicable 3 $717,000 $239,000 $455,000 $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) 2,990 $799,729,000 $267,000 $3,000,000 $137,000 $3,945,000
FHA-insured (Federal Housing Administration) 1,483 $274,204,000 $184,000 $628,000 $60,000 $362,000
VA-guaranteed (Veterans Administration) 266 $66,587,000 $250,000 $819,000 $89,000 $579,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 141 $21,667,000 $153,000 $446,000 $50,000 $103,000

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 3,667 $866,685,000 $236,000 $3,000,000 $109,000 $3,479,000
Application Withdrawn By Applicant 683 $174,625,000 $255,000 $2,960,000 $118,000 $3,945,000
Application Denied By Financial Institution 336 $72,142,000 $214,000 $1,050,000 $81,000 $863,000
File Closed For Incompleteness 188 $46,970,000 $249,000 $1,000,000 $115,000 $600,000
Application Approved But Not Accepted 4 $1,161,000 $290,000 $615,000 $108,000 $161,000
Loan Purchased By The Institution 2 $604,000 $302,000 $455,000 $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 102 $23,056,000 $226,000 $1,040,000 $93,000 $649,000
Debt-To-Income Ratio 98 $22,266,000 $227,000 $1,050,000 $63,000 $278,000
Credit History 47 $9,346,000 $198,000 $630,000 $90,000 $314,000
Insufficient Cash (Downpayment, Closing Cost) 36 $6,558,000 $182,000 $452,000 $75,000 $300,000
Other 23 $4,004,000 $174,000 $346,000 $81,000 $207,000
Unverifiable Information 17 $4,157,000 $244,000 $547,000 $127,000 $863,000
Employment History 13 $2,755,000 $211,000 $343,000 $52,000 $137,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Brand Mortgage Group, LLC's 2017 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 Brand Mortgage Group, 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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