Brand Mortgage Group, LLC Mortgage Lending & HMDA Data, 2010

In 2010, Brand Mortgage Group, LLC of Lawrenceville, GA reported 2,641 mortgage applications totaling $449.3 million, up 46% from 2009. The average application was for $170,123, and applicants reported an average income of $80,126. 81% of its applications resulted in an originated loan and 14% were denied. Its largest markets were Atlanta-Sandy Springs-Marietta, GA (1,906), Nashville-Davidson--Murfreesboro--Franklin, TN (99) and Gainesville, GA (71) (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 2,641
Total Mortgage Loan Application Amount $449,297,000
Average Mortgage Loan Application Amount $170,123
Highest Mortgage Loan Application Amount $1,411,000
Average Applicant Income $80,126
Highest Applicant Income $1,324,000

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records Brand Mortgage Group, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Download the Georgia Lender List

Mortgage Loan Application Detail Totals for Brand Mortgage Group, LLC in 2010

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 1,947 $308,950,000 $158,000 $663,000 $72,000 $1,324,000
Refinancing 691 $139,664,000 $202,000 $1,411,000 $103,000 $988,000
Home Improvement 3 $683,000 $227,000 $417,000 $86,000 $94,000

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 1,735 $316,208,000 $182,000 $663,000 $89,000 $1,324,000
Black or African American 466 $60,837,000 $130,000 $417,000 $52,000 $454,000
Not Provided 221 $40,169,000 $181,000 $1,411,000 $90,000 $707,000
Hispanic 122 $15,901,000 $130,000 $410,000 $52,000 $297,000
Asian 85 $14,268,000 $167,000 $417,000 $70,000 $275,000
American Indian or Alaskan Native 9 $1,726,000 $191,000 $417,000 $69,000 $175,000
Native Hawaiian or Other Pacific Islander 3 $188,000 $62,000 $88,000 $54,000 $94,000
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
FHA-insured (Federal Housing Administration) 1,348 $193,822,000 $143,000 $426,000 $54,000 $532,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 1,080 $221,789,000 $205,000 $1,411,000 $116,000 $1,324,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 119 $14,200,000 $119,000 $237,000 $40,000 $102,000
VA-guaranteed (Veterans Administration) 94 $19,486,000 $207,000 $431,000 $76,000 $222,000

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 2,143 $366,881,000 $171,000 $431,000 $82,000 $1,049,000
Application Denied By Financial Institution 368 $58,578,000 $159,000 $1,411,000 $65,000 $701,000
Application Withdrawn By Applicant 75 $13,247,000 $176,000 $417,000 $82,000 $360,000
Application Approved But Not Accepted 55 $10,591,000 $192,000 $663,000 $106,000 $1,324,000
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 Brand Mortgage Group, LLC's 2010 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.
For a list of all lenders in Georgia, download the full spreadsheet with aggregated HMDA statistics today.

Download the Georgia Lender List