Bridgeview Mortgage Corp. Mortgage Lending & HMDA Data, 2016

In 2016, Bridgeview Mortgage Corp. of Franklin Square, NY reported 146 mortgage applications totaling $47.1 million. The average application was for $322,808, and applicants reported an average income of $127,287. 80% of its applications resulted in an originated loan and 10% were denied. Its largest markets were New York-Jersey City-White Plains, NY-NJ (67), Nassau County-Suffolk County, NY (65) and Bridgeport-Stamford-Norwalk, CT (4) (applications in parentheses).

Mortgage Company & Address Bridgeview Mortgage Corp.
1200 Hempstead Turnpike
Franklin Square, NY 11010
Tel #: available with data download
Federal Regulator * available with data download
Years 2024  2023  2022  2021  2020  2019  2018  2017  2016  
Total Number of Mortgage Applications 146
Total Mortgage Loan Application Amount $47,130,000
Average Mortgage Loan Application Amount $322,808
Highest Mortgage Loan Application Amount $1,089,000
Average Applicant Income $127,287
Highest Applicant Income $765,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Bridgeview Mortgage Corp. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Bridgeview Mortgage Corp. in 2016

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 114 $35,582,000 $312,000 $1,089,000 $124,000 $765,000
Refinancing 32 $11,548,000 $360,000 $975,000 $139,000 $524,000
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 52 $17,713,000 $340,000 $1,089,000 $177,000 $765,000
Hispanic 51 $15,296,000 $299,000 $975,000 $95,000 $419,000
Asian 31 $9,633,000 $310,000 $607,000 $96,000 $226,000
Black or African American 11 $3,868,000 $351,000 $620,000 $127,000 $258,000
Not applicable 1 $620,000 $620,000 $620,000 $128,000 $128,000
Not Provided 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiin 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) 98 $30,565,000 $311,000 $1,089,000 $143,000 $765,000
FHA-insured (Federal Housing Administration) 47 $15,945,000 $339,000 $795,000 $93,000 $192,000
VA-guaranteed (Veterans Administration) 1 $620,000 $620,000 $620,000 $155,000 $155,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 117 $38,715,000 $330,000 $1,089,000 $134,000 $765,000
Application Withdrawn By Applicant 15 $4,537,000 $302,000 $575,000 $99,000 $163,000
Application Denied By Financial Institution 14 $3,878,000 $277,000 $620,000 $97,000 $258,000
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
Debt-To-Income Ratio 2 $347,000 $173,000 $255,000 $54,000 $67,000
Collateral 2 $846,000 $423,000 $466,000 $98,000 $113,000
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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Bridgeview Mortgage Corp.'s 2016 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 Bridgeview Mortgage Corp.'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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