Champions Mortgage LLC Mortgage Lending & HMDA Data, 2020

In 2020, Champions Mortgage LLC of Seminole, FL reported 292 mortgage applications totaling $77.5 million, up 7% from 2019. The average application was for $265,479, and applicants reported an average income of $109,739. 100% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Dallas-Plano-Irving, TX (77), Tampa-St. Petersburg-Clearwater, FL (58) and Palm Bay-Melbourne-Titusville, FL (31) (applications in parentheses).

Mortgage Company & Address Champions Mortgage LLC
10575 68th Ave C2
Seminole, FL 33772
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  
Total Number of Mortgage Applications 292
Total Mortgage Loan Application Amount $77,520,000
Average Mortgage Loan Application Amount $265,479
Highest Mortgage Loan Application Amount $755,000
Average Applicant Income $109,739
Highest Applicant Income $563,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Champions Mortgage LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Champions Mortgage 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
Home Purchase 183 $47,135,000 $257,000 $515,000 $103,000 $550,000
Refinancing 80 $21,990,000 $274,000 $515,000 $116,000 $468,000
Cash-out Refinancing 29 $8,395,000 $289,000 $755,000 $135,000 $563,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 187 $50,625,000 $270,000 $755,000 $115,000 $563,000
Not Provided 41 $11,405,000 $278,000 $515,000 $116,000 $333,000
Hispanic 39 $9,785,000 $250,000 $515,000 $100,000 $323,000
Black or African American 21 $4,395,000 $209,000 $385,000 $70,000 $205,000
Asian 3 $865,000 $288,000 $335,000 $65,000 $73,000
American Indian or Alaskan Native 1 $445,000 $445,000 $445,000 $143,000 $143,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
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) 229 $61,155,000 $267,000 $515,000 $120,000 $563,000
FHA-insured (Federal Housing Administration) 25 $5,635,000 $225,000 $515,000 $76,000 $173,000
VA-guaranteed (Veterans Administration) 25 $7,635,000 $305,000 $755,000 $60,000 $228,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 13 $3,095,000 $238,000 $465,000 $77,000 $181,000

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 292 $77,520,000 $265,000 $755,000 $109,000 $563,000
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
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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 292 $77,520,000 $265,000 $755,000 $109,000 $563,000
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Champions Mortgage 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 Champions 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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