CMG Mortgage Inc Mortgage Lending & HMDA Data, 2010

In 2010, CMG Mortgage Inc of San Ramon, IL reported 10,001 mortgage applications totaling $2.7 billion, down 25% from 2009. The average application was for $269,978, and applicants reported an average income of $109,385. 54% of its applications resulted in an originated loan and 17% were denied. Its largest markets were Oakland-Fremont-Hayward, CA (1,696), San Diego-Carlsbad-San Marcos, CA (1,241) and Phoenix-Mesa-Glendale, AZ (1,035) (applications in parentheses).

Mortgage Company & Address CMG Mortgage Inc
3160 Crow Canyon Road, Suite 400
San Ramon, IL 94583
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  
Total Number of Mortgage Applications 10,001
Total Mortgage Loan Application Amount $2,700,059,000
Average Mortgage Loan Application Amount $269,978
Highest Mortgage Loan Application Amount $1,925,000
Average Applicant Income $109,385
Highest Applicant Income $1,999,000

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Act (HMDA) records CMG Mortgage Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for CMG Mortgage 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
Refinancing 5,151 $1,564,095,000 $303,000 $1,873,000 $121,000 $1,779,000
Home Purchase 4,730 $1,102,837,000 $233,000 $1,925,000 $97,000 $1,999,000
Home Improvement 120 $33,127,000 $276,000 $1,120,000 $99,000 $345,000

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 6,306 $1,734,698,000 $275,000 $1,925,000 $115,000 $1,725,000
Hispanic 1,199 $249,229,000 $207,000 $825,000 $72,000 $695,000
Not Provided 1,161 $343,455,000 $295,000 $1,500,000 $120,000 $1,779,000
Asian 1,006 $296,996,000 $295,000 $1,410,000 $114,000 $838,000
Black or African American 216 $45,642,000 $211,000 $721,000 $91,000 $1,999,000
Native Hawaiian or Other Pacific Islander 84 $23,536,000 $280,000 $975,000 $98,000 $467,000
American Indian or Alaskan Native 29 $6,503,000 $224,000 $528,000 $93,000 $431,000
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) 6,855 $1,982,711,000 $289,000 $1,925,000 $126,000 $1,999,000
FHA-insured (Federal Housing Administration) 3,060 $694,951,000 $227,000 $746,000 $73,000 $838,000
VA-guaranteed (Veterans Administration) 86 $22,397,000 $260,000 $417,000 $91,000 $1,273,000
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 5,385 $1,389,929,000 $258,000 $985,000 $107,000 $1,999,000
Application Approved But Not Accepted 1,898 $526,815,000 $277,000 $1,820,000 $112,000 $1,725,000
Application Denied By Financial Institution 1,723 $460,784,000 $267,000 $1,873,000 $103,000 $1,500,000
Application Withdrawn By Applicant 608 $203,531,000 $334,000 $1,500,000 $133,000 $1,500,000
File Closed For Incompleteness 386 $118,804,000 $307,000 $1,925,000 $114,000 $758,000
Loan Purchased By The Institution 1 $196,000 $196,000 $196,000 $51,000 $51,000
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 490 $143,715,000 $293,000 $1,270,000 $85,000 $612,000
Other 449 $123,084,000 $274,000 $1,873,000 $120,000 $1,273,000
Collateral 332 $80,603,000 $242,000 $1,365,000 $117,000 $1,500,000
Credit History 287 $73,302,000 $255,000 $1,673,000 $97,000 $912,000
Unverifiable Information 90 $21,618,000 $240,000 $851,000 $99,000 $530,000
Employment History 39 $8,391,000 $215,000 $689,000 $82,000 $299,000
Insufficient Cash (Downpayment, Closing Cost) 21 $6,444,000 $306,000 $640,000 $136,000 $695,000
Credit Application Incomplete 5 $1,626,000 $325,000 $968,000 $138,000 $449,000
Mortgage Insurance Denied 4 $841,000 $210,000 $415,000 $66,000 $106,000

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