Community Mortgage, LLC Mortgage Lending & HMDA Data, 2024

In 2024, Community Mortgage, LLC of Independence, MO reported 1,009 mortgage applications totaling $266.4 million, up 9% from 2023. The average application was for $264,018, and applicants reported an average income of $106,690. 89% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Kansas City, MO-KS (666), St. Louis, MO-IL (60) and Nashville-Davidson--Murfreesboro--Franklin, TN (41) (applications in parentheses).

Mortgage Company & Address Community Mortgage, LLC
19045 E. Valley View Pkwy., Ste. F
Independence, MO 64055
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  
Total Number of Mortgage Applications 1,009
Total Mortgage Loan Application Amount $266,395,000
Average Mortgage Loan Application Amount $264,018
Highest Mortgage Loan Application Amount $1,155,000
Average Applicant Income $106,690
Highest Applicant Income $834,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Community Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Community Mortgage, LLC in 2024

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 856 $231,590,000 $270,000 $1,155,000 $107,000 $834,000
Cash-out Refinancing 87 $18,575,000 $213,000 $585,000 $111,000 $242,000
Refinancing 66 $16,230,000 $245,000 $675,000 $97,000 $356,000
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 796 $207,870,000 $261,000 $1,155,000 $108,000 $834,000
Black or African American 71 $18,765,000 $264,000 $655,000 $93,000 $295,000
Hispanic 62 $15,240,000 $245,000 $595,000 $93,000 $346,000
Not Provided 53 $15,855,000 $299,000 $765,000 $103,000 $400,000
Asian 19 $5,905,000 $310,000 $655,000 $169,000 $270,000
American Indian or Alaskan Native 5 $2,185,000 $437,000 $595,000 $170,000 $353,000
Native Hawaiian or Other Pacific Islander 3 $575,000 $191,000 $205,000 $77,000 $88,000
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) 555 $149,135,000 $268,000 $1,055,000 $123,000 $834,000
FHA-insured (Federal Housing Administration) 319 $78,205,000 $245,000 $505,000 $83,000 $219,000
VA-guaranteed (Veterans Administration) 105 $34,285,000 $326,000 $1,155,000 $106,000 $354,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 30 $4,770,000 $159,000 $265,000 $62,000 $97,000

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 894 $238,040,000 $266,000 $1,155,000 $107,000 $624,000
Application Withdrawn By Applicant 110 $27,120,000 $246,000 $1,055,000 $108,000 $834,000
Application Denied By Financial Institution 5 $1,235,000 $247,000 $345,000 $73,000 $113,000
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
Not applicable 1,004 $265,160,000 $264,000 $1,155,000 $107,000 $834,000
Collateral 3 $695,000 $231,000 $345,000 $81,000 $113,000
Other 1 $315,000 $315,000 $315,000 $77,000 $77,000
Debt-To-Income Ratio 1 $225,000 $225,000 $225,000 $45,000 $45,000
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
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Community Mortgage, LLC's 2024 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 Community 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.
For a list of all lenders in Missouri, download the full spreadsheet with aggregated HMDA statistics today.

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