Cherry Creek Mortgage Co., Inc Mortgage Lending & HMDA Data, 2010

In 2010, Cherry Creek Mortgage Co., Inc of Greenwood Village, CO reported 14,041 mortgage applications totaling $3.0 billion, down 14% from 2009. The average application was for $214,812, and applicants reported an average income of $86,433. 91% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Denver-Aurora-Broomfield, CO (5,065), Boulder, CO (1,555) and Colorado Springs, CO (752) (applications in parentheses).

Mortgage Company & Address Cherry Creek Mortgage Co., Inc
7600 East Orchard Rd., Ste 250-N
Greenwood Village, CO 80111
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 14,041
Total Mortgage Loan Application Amount $3,016,183,000
Average Mortgage Loan Application Amount $214,812
Highest Mortgage Loan Application Amount $2,000,000
Average Applicant Income $86,433
Highest Applicant Income $3,400,000

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records Cherry Creek Mortgage Co., Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Cherry Creek Mortgage Co., Inc by Metropolitan Area in 2010

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Denver-Aurora-Broomfield, CO 5,065 $ 1,086,609,000 $ 214,532 $ 87,000
Boulder, CO 1,555 $ 433,290,000 $ 278,643 $ 122,000
Colorado Springs, CO 752 $ 164,732,000 $ 219,058 $ 69,000
Chicago-Joliet-Naperville, IL 651 $ 139,552,000 $ 214,365 $ 89,000
Fort Collins-Loveland, CO 555 $ 123,773,000 $ 223,014 $ 94,000
Phoenix-Mesa-Glendale, AZ 538 $ 87,292,000 $ 162,252 $ 70,000
Spokane, WA 503 $ 82,991,000 $ 164,992 $ 65,000
Greeley, CO 440 $ 81,679,000 $ 185,634 $ 76,000
Houston-Sugar Land-Baytown, TX 395 $ 67,652,000 $ 171,270 $ 100,000
St. Louis, MO-IL 347 $ 67,809,000 $ 195,414 $ 75,974
Grand Junction, CO 290 $ 54,076,000 $ 186,468 $ 60,000
Davenport-Moline-Rock Island, IA-IL 254 $ 28,941,000 $ 113,940 $ 58,031
Oakland-Fremont-Hayward, CA 213 $ 69,486,000 $ 326,225 $ 104,000
Sheboygan, WI 160 $ 18,412,000 $ 115,075 $ 40,000
Milwaukee-Waukesha-West Allis, WI 124 $ 17,649,000 $ 142,330 $ 50,000
Ogden-Clearfield, UT 121 $ 27,415,000 $ 226,570 $ 54,000
Lake County-Kenosha County, IL-WI 98 $ 22,435,000 $ 228,928 $ 98,816
Sacramento--Arden-Arcade--Roseville, CA 94 $ 22,389,000 $ 238,180 $ 102,000
Santa Ana-Anaheim-Irvine, CA 89 $ 32,435,000 $ 364,438 $ 131,000
Los Angeles-Long Beach-Glendale, CA 88 $ 28,770,000 $ 326,931 $ 111,000
St. George, UT 83 $ 20,245,000 $ 243,915 $ 64,000
Dallas-Plano-Irving, TX 80 $ 17,005,000 $ 212,562 $ 102,000
Minneapolis-St. Paul-Bloomington, MN-WI 57 $ 13,825,000 $ 242,543 $ 98,000
Coeur D'Alene, ID 54 $ 8,875,000 $ 164,351 $ 54,000
Yuma, AZ 47 $ 7,497,000 $ 159,510 $ 61,000
Bremerton-Silverdale, WA 45 $ 11,634,000 $ 258,533 $ 52,000
Prescott, AZ 43 $ 7,605,000 $ 176,860 $ 74,000
Des Moines-West Des Moines, IA 34 $ 7,323,000 $ 215,382 $ 119,000
Riverside-San Bernardino-Ontario, CA 27 $ 6,062,000 $ 224,518 $ 91,000
San Francisco-San Mateo-Redwood City, CA 21 $ 10,153,000 $ 483,476 $ 191,000
San Diego-Carlsbad-San Marcos, CA 20 $ 5,969,000 $ 298,450 $ 98,000
Las Cruces, NM 17 $ 4,727,000 $ 278,058 $ 27,000
Pueblo, CO 17 $ 2,809,000 $ 165,235 $ 49,000
San Antonio-New Braunfels, TX 17 $ 3,749,000 $ 220,529 $ 93,000
San Jose-Sunnyvale-Santa Clara, CA 17 $ 5,899,000 $ 347,000 $ 76,000
Springfield, IL 17 $ 1,773,000 $ 104,294 $ 57,000
Albuquerque, NM 16 $ 3,110,000 $ 194,375 $ 79,000
Stockton, CA 16 $ 4,057,000 $ 253,562 $ 76,000
Boise City-Nampa, ID 15 $ 3,038,000 $ 202,533 $ 162,000
Fort Worth-Arlington, TX 15 $ 3,275,000 $ 218,333 $ 96,000
Salt Lake City, UT 14 $ 3,326,000 $ 237,571 $ 36,000
Tucson, AZ 14 $ 2,631,000 $ 187,928 $ 27,000
Casper, WY 13 $ 2,007,000 $ 154,384 $ 9,000
Seattle-Bellevue-Everett, WA 13 $ 3,879,000 $ 298,384 $ 116,000
Austin-Round Rock-San Marcos, TX 12 $ 2,438,000 $ 203,166 $ 94,000
Lubbock, TX 12 $ 1,499,000 $ 124,916 $ 0
Kennewick-Pasco-Richland, WA 9 $ 1,337,000 $ 148,555 $ 66,000
Orlando-Kissimmee-Sanford, FL 9 $ 2,218,000 $ 246,444 $ 76,000
Amarillo, TX 8 $ 1,308,000 $ 163,500 $ 8,000
Cheyenne, WY 7 $ 1,477,000 $ 211,000 $ 28,000
Columbus, OH 7 $ 1,357,000 $ 193,857 $ 82,000
Peoria, IL 7 $ 1,157,000 $ 165,285 $ 96,000
Rockford, IL 7 $ 889,000 $ 127,000 $ 67,000
Sherman-Denison, TX 7 $ 747,000 $ 106,714 $ 10,000
Tacoma, WA 7 $ 1,779,000 $ 254,142 $ 126,000
Vallejo-Fairfield, CA 7 $ 2,081,000 $ 297,285 $ 70,000
Omaha-Council Bluffs, NE-IA 6 $ 672,000 $ 112,000 $ 30,000
Racine, WI 6 $ 972,000 $ 162,000 $ 30,000
Tulsa, OK 6 $ 785,000 $ 130,833 $ 0
Kansas City, MO-KS 5 $ 1,153,000 $ 230,600 $ 103,000
Provo-Orem, UT 5 $ 781,000 $ 156,200 $ 51,000
Victoria, TX 5 $ 700,000 $ 140,000 $ 0
Wichita Falls, TX 5 $ 582,000 $ 116,400 $ 0
Yakima, WA 5 $ 789,000 $ 157,800 $ 55,000
Appleton, WI 4 $ 405,000 $ 101,250 $ 29,000
Bloomington-Normal, IL 4 $ 626,000 $ 156,500 $ 105,000
Fresno, CA 4 $ 775,000 $ 193,750 $ 83,000
Idaho Falls, ID 4 $ 872,000 $ 218,000 $ 40,000
Chico, CA 3 $ 827,000 $ 275,666 $ 160,000
Decatur, IL 3 $ 277,000 $ 92,333 $ 78,000
Flagstaff, AZ 3 $ 789,000 $ 263,000 $ 99,000
Lake Havasu City-Kingman, AZ 3 $ 419,000 $ 139,666 $ 17,000
Oklahoma City, OK 3 $ 412,000 $ 137,333 $ 0
Portland-Vancouver-Hillsboro, OR-WA 3 $ 535,000 $ 178,333 $ 65,000
Santa Rosa-Petaluma, CA 3 $ 1,072,000 $ 357,333 $ 66,000
Springfield, MO 3 $ 728,000 $ 242,666 $ 77,000
Topeka, KS 3 $ 391,000 $ 130,333 $ 0
Bakersfield-Delano, CA 2 $ 395,000 $ 197,500 $ 102,000
Champaign-Urbana, IL 2 $ 471,000 $ 235,500 $ 74,000
Kankakee-Bradley, IL 2 $ 245,000 $ 122,500 $ 0
Lewiston, ID-WA 2 $ 296,000 $ 148,000 $ 58,000
Logan, UT-ID 2 $ 368,000 $ 184,000 $ 38,000
Modesto, CA 2 $ 299,000 $ 149,500 $ 69,000
Olympia, WA 2 $ 442,000 $ 221,000 $ 25,000
Oxnard-Thousand Oaks-Ventura, CA 2 $ 569,000 $ 284,500 $ 75,000
Redding, CA 2 $ 475,000 $ 237,500 $ 111,000
San Luis Obispo-Paso Robles, CA 2 $ 819,000 $ 409,500 $ 101,000
Santa Cruz-Watsonville, CA 2 $ 1,021,000 $ 510,500 $ 158,000
St. Joseph, MO-KS 2 $ 273,000 $ 136,500 $ 153,000
West Palm Beach-Boca Raton-Boynton Beach, FL 2 $ 460,000 $ 230,000 $ 74,000
Beaumont-Port Arthur, TX 1 $ 232,000 $ 232,000 $ 144,000
Bellingham, WA 1 $ 244,000 $ 244,000 $ 96,000
Cape Coral-Fort Myers, FL 1 $ 124,000 $ 124,000 $ 197,000
Cedar Rapids, IA 1 $ 205,000 $ 205,000 $ 90,000
Chattanooga, TN-GA 1 $ 157,000 $ 157,000 $ 52,000
College Station-Bryan, TX 1 $ 119,000 $ 119,000 $ 248,000
Duluth, MN-WI 1 $ 129,000 $ 129,000 $ 0
Durham-Chapel Hill, NC 1 $ 310,000 $ 310,000 $ 145,000
El Centro, CA 1 $ 212,000 $ 212,000 $ 114,000
El Paso, TX 1 $ 158,000 $ 158,000 $ 93,000
Farmington, NM 1 $ 308,000 $ 308,000 $ 73,000
Fond Du Lac, WI 1 $ 102,000 $ 102,000 $ 43,000
Jacksonville, FL 1 $ 146,000 $ 146,000 $ 55,000
Jefferson City, MO 1 $ 223,000 $ 223,000 $ 0
Joplin, MO 1 $ 91,000 $ 91,000 $ 26,000
Killeen-Temple-Fort Hood, TX 1 $ 109,000 $ 109,000 $ 314,000
Lakeland-Winter Haven, FL 1 $ 86,000 $ 86,000 $ 69,000
Lincoln, NE 1 $ 144,000 $ 144,000 $ 204,000
Madera-Chowchilla, CA 1 $ 207,000 $ 207,000 $ 44,000
Madison, WI 1 $ 216,000 $ 216,000 $ 65,000
McAllen-Edinburg-Mission, TX 1 $ 350,000 $ 350,000 $ 705,000
Miami-Miami Beach-Kendall, FL 1 $ 118,000 $ 118,000 $ 101,000
Midland, TX 1 $ 139,000 $ 139,000 $ 0
Pensacola-Ferry Pass-Brent, FL 1 $ 75,000 $ 75,000 $ 27,000
Pocatello, ID 1 $ 44,000 $ 44,000 $ 37,000
San Angelo, TX 1 $ 130,000 $ 130,000 $ 0
Santa Fe, NM 1 $ 200,000 $ 200,000 $ 103,000
Tampa-St. Petersburg-Clearwater, FL 1 $ 232,000 $ 232,000 $ 101,000
Tyler, TX 1 $ 132,000 $ 132,000 $ 27,000
Waco, TX 1 $ 153,000 $ 153,000 $ 0
Wichita, KS 1 $ 103,000 $ 103,000 $ 0
Yuba City, CA 1 $ 123,000 $ 123,000 $ 39,000

Mortgage Loan Application Detail Totals for Cherry Creek Mortgage Co., Inc 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 7,154 $1,392,278,000 $194,000 $2,000,000 $83,000 $3,400,000
Refinancing 6,887 $1,623,905,000 $235,000 $1,065,000 $90,000 $3,207,000
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 10,688 $2,343,548,000 $219,000 $2,000,000 $88,000 $3,400,000
Not Provided 1,807 $393,962,000 $218,000 $975,000 $93,000 $3,207,000
Hispanic 869 $139,707,000 $160,000 $647,000 $59,000 $705,000
Black or African American 313 $51,498,000 $164,000 $645,000 $54,000 $344,000
Asian 300 $72,585,000 $241,000 $729,000 $94,000 $477,000
Native Hawaiian or Other Pacific Islander 41 $10,421,000 $254,000 $500,000 $98,000 $471,000
American Indian or Alaskan Native 23 $4,462,000 $194,000 $612,000 $63,000 $167,000
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) 7,444 $1,723,330,000 $231,000 $2,000,000 $114,000 $3,400,000
FHA-insured (Federal Housing Administration) 5,614 $1,082,234,000 $192,000 $729,000 $53,000 $678,000
VA-guaranteed (Veterans Administration) 790 $183,392,000 $232,000 $1,079,000 $64,000 $605,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 193 $27,227,000 $141,000 $439,000 $48,000 $325,000

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 12,721 $2,722,051,000 $213,000 $1,650,000 $87,000 $3,207,000
Application Withdrawn By Applicant 977 $217,120,000 $222,000 $2,000,000 $74,000 $3,400,000
Application Denied By Financial Institution 343 $77,012,000 $224,000 $1,056,000 $87,000 $1,150,000
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 62 $16,186,000 $261,000 $1,056,000 $113,000 $1,150,000
Collateral 61 $14,332,000 $234,000 $751,000 $90,000 $505,000
Other 41 $9,004,000 $219,000 $417,000 $107,000 $388,000
Credit History 35 $6,236,000 $178,000 $406,000 $53,000 $223,000
Unverifiable Information 18 $3,288,000 $182,000 $417,000 $72,000 $164,000
Credit Application Incomplete 18 $2,872,000 $159,000 $417,000 $68,000 $232,000
Employment History 16 $2,928,000 $183,000 $417,000 $40,000 $151,000
Insufficient Cash (Downpayment, Closing Cost) 16 $3,413,000 $213,000 $864,000 $73,000 $304,000
Mortgage Insurance Denied 4 $710,000 $177,000 $229,000 $99,000 $234,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Cherry Creek Mortgage Co., Inc'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 Cherry Creek Mortgage Co., Inc'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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