Continental Home Loans Inc. Mortgage Lending & HMDA Data, 2009

In 2009, Continental Home Loans Inc. of Melville, NY reported 5,388 mortgage applications totaling $1.6 billion, up 55% from 2008. The average application was for $305,935, and applicants reported an average income of $85,528. 68% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Nassau-Suffolk, NY (3,065), New York-White Plains-Wayne, NY-NJ (1,087) and Edison-New Brunswick, NJ (126) (applications in parentheses).

Mortgage Company & Address Continental Home Loans Inc.
175 Pinelawn Road, Suite 303
Melville, NY 11747
Tel #: available with data download
Federal Regulator * available with data download
Years 2014  2013  2012  2011  2010  2009  2008  2007  2006  
Total Number of Mortgage Applications 5,388
Total Mortgage Loan Application Amount $1,648,380,000
Average Mortgage Loan Application Amount $305,935
Highest Mortgage Loan Application Amount $2,780,000
Average Applicant Income $85,528
Highest Applicant Income $3,463,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Continental Home Loans Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Continental Home Loans Inc. by County in 2009

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Suffolk, New York 2,150 $ 644,148,000 $ 299,603 $ 88,000
Nassau, New York 915 $ 315,265,000 $ 344,551 $ 97,000
Queens, New York 388 $ 141,822,000 $ 365,520 $ 80,000
Kings, New York 222 $ 95,809,000 $ 431,572 $ 88,000
Bronx, New York 140 $ 51,451,000 $ 367,507 $ 72,000
Westchester, New York 115 $ 44,761,000 $ 389,226 $ 132,000
Richmond, New York 90 $ 29,885,000 $ 332,055 $ 80,000
Middlesex, New Jersey 70 $ 13,150,000 $ 187,857 $ 57,000
Fairfield, Connecticut 43 $ 12,971,000 $ 301,651 $ 90,000
Orange, New York 42 $ 10,491,000 $ 249,785 $ 82,000
Cook, Illinois 41 $ 9,111,000 $ 222,219 $ 60,000
Hartford, Connecticut 32 $ 7,682,000 $ 240,062 $ 75,000
Palm Beach, Florida 32 $ 6,041,000 $ 188,781 $ 80,000
Suffolk, Massachusetts 31 $ 9,542,000 $ 307,806 $ 86,000
Rockland, New York 31 $ 10,924,000 $ 352,387 $ 118,000
New Haven, Connecticut 28 $ 6,567,000 $ 234,535 $ 50,000
Monmouth, New Jersey 28 $ 8,965,000 $ 320,178 $ 112,000
New York, New York 27 $ 11,422,000 $ 423,037 $ 287,000
Bergen, New Jersey 26 $ 9,262,000 $ 356,230 $ 107,000
Union, New Jersey 26 $ 8,846,000 $ 340,230 $ 84,000
Broward, Florida 24 $ 4,295,000 $ 178,958 $ 60,000
Dutchess, New York 24 $ 6,273,000 $ 261,375 $ 44,000
Morris, New Jersey 21 $ 8,119,000 $ 386,619 $ 121,000
Los Angeles, California 20 $ 5,119,000 $ 255,950 $ 83,000
Norfolk, Massachusetts 20 $ 6,111,000 $ 305,550 $ 115,000
Essex, New Jersey 20 $ 6,223,000 $ 311,150 $ 49,000
Dallas, Texas 20 $ 3,091,000 $ 154,550 $ 76,000
Tolland, Connecticut 17 $ 3,926,000 $ 230,941 $ 94,000
Passaic, New Jersey 17 $ 4,867,000 $ 286,294 $ 46,000
Putnam, New York 17 $ 5,117,000 $ 301,000 $ 90,000
Ocean, New Jersey 16 $ 5,414,000 $ 338,375 $ 91,000
Monroe, New York 16 $ 2,322,000 $ 145,125 $ 26,000
Philadelphia, Pennsylvania 15 $ 2,603,000 $ 173,533 $ 31,000
Hudson, New Jersey 14 $ 4,314,000 $ 308,142 $ 72,000
Erie, New York 14 $ 2,294,000 $ 163,857 $ 36,000
Miami-Dade, Florida 13 $ 2,350,000 $ 180,769 $ 59,000
Plymouth, Massachusetts 13 $ 3,182,000 $ 244,769 $ 68,000
Mercer, New Jersey 12 $ 2,503,000 $ 208,583 $ 64,000
Somerset, New Jersey 12 $ 3,958,000 $ 329,833 $ 70,000
Ulster, New York 12 $ 2,595,000 $ 216,250 $ 65,000
Orange, Florida 11 $ 1,884,000 $ 171,272 $ 59,000
Osceola, Florida 11 $ 1,842,000 $ 167,454 $ 79,000
Harris, Texas 11 $ 1,326,000 $ 120,545 $ 69,000
Contra Costa, California 10 $ 1,654,000 $ 165,400 $ 49,000
Middlesex, Massachusetts 10 $ 2,660,000 $ 266,000 $ 84,000
Delaware, Pennsylvania 10 $ 1,885,000 $ 188,500 $ 25,000
Atlantic, New Jersey 9 $ 2,222,000 $ 246,888 $ 37,000
Burlington, New Jersey 9 $ 2,268,000 $ 252,000 $ 69,000
Sussex, New Jersey 9 $ 1,874,000 $ 208,222 $ 72,000
Schenectady, New York 9 $ 1,669,000 $ 185,444 $ 23,000
Allegheny, Pennsylvania 9 $ 1,511,000 $ 167,888 $ 106,000
Hillsborough, Florida 8 $ 1,410,000 $ 176,250 $ 28,000
Baltimore, Maryland 8 $ 2,269,000 $ 283,625 $ 34,000
Albany, New York 8 $ 1,672,000 $ 209,000 $ 21,000
Sullivan, New York 8 $ 1,299,000 $ 162,375 $ 40,000
San Mateo, California 7 $ 3,248,000 $ 464,000 $ 85,000
Litchfield, Connecticut 7 $ 1,543,000 $ 220,428 $ 98,000
Collier, Florida 7 $ 1,591,000 $ 227,285 $ 413,000
Duval, Florida 7 $ 995,000 $ 142,142 $ 51,000
Prince George's, Maryland 7 $ 1,918,000 $ 274,000 $ 49,000
Camden, New Jersey 7 $ 1,492,000 $ 213,142 $ 21,000
Niagara, New York 7 $ 1,050,000 $ 150,000 $ 12,000
Lehigh, Pennsylvania 7 $ 1,199,000 $ 171,285 $ 38,000
St. Lucie, Florida 6 $ 973,000 $ 162,166 $ 70,000
Essex, Massachusetts 6 $ 1,389,000 $ 231,500 $ 56,000
Salem, New Jersey 6 $ 1,308,000 $ 218,000 $ 0
Bucks, Pennsylvania 6 $ 1,546,000 $ 257,666 $ 17,000
Montgomery, Pennsylvania 6 $ 1,547,000 $ 257,833 $ 116,000
Collin, Texas 6 $ 1,911,000 $ 318,500 $ 93,000
Tarrant, Texas 6 $ 830,000 $ 138,333 $ 74,000
Riverside, California 5 $ 982,000 $ 196,400 $ 35,000
San Joaquin, California 5 $ 1,088,000 $ 217,600 $ 42,000
Middlesex, Connecticut 5 $ 1,361,000 $ 272,200 $ 50,000
Brevard, Florida 5 $ 1,243,000 $ 248,600 $ 89,000
Pinellas, Florida 5 $ 814,000 $ 162,800 $ 26,000
Worcester, Massachusetts 5 $ 973,000 $ 194,600 $ 77,000
Cumberland, New Jersey 5 $ 970,000 $ 194,000 $ 8,000
Mecklenburg, North Carolina 5 $ 773,000 $ 154,600 $ 40,000
Monroe, Pennsylvania 5 $ 1,044,000 $ 208,800 $ 52,000
Pike, Pennsylvania 5 $ 1,533,000 $ 306,600 $ 226,000
Horry, South Carolina 5 $ 699,000 $ 139,800 $ 32,000
Denton, Texas 5 $ 894,000 $ 178,800 $ 51,000
Alameda, California 4 $ 943,000 $ 235,750 $ 82,000
Santa Clara, California 4 $ 1,615,000 $ 403,750 $ 73,000
Polk, Florida 4 $ 511,000 $ 127,750 $ 52,000
Will, Illinois 4 $ 852,000 $ 213,000 $ 72,000
Onondaga, New York 4 $ 594,000 $ 148,500 $ 27,000
Saratoga, New York 4 $ 894,000 $ 223,500 $ 151,000
Berks, Pennsylvania 4 $ 456,000 $ 114,000 $ 54,000
Westmoreland, Pennsylvania 4 $ 762,000 $ 190,500 $ 92,000
Bexar, Texas 4 $ 486,000 $ 121,500 $ 31,000
Fort Bend, Texas 4 $ 710,000 $ 177,500 $ 63,000
Merced, California 3 $ 379,000 $ 126,333 $ 35,000
San Bernardino, California 3 $ 514,000 $ 171,333 $ 29,000
Marion, Florida 3 $ 510,000 $ 170,000 $ 10,000
Volusia, Florida 3 $ 568,000 $ 189,333 $ 43,000
Hampden, Massachusetts 3 $ 447,000 $ 149,000 $ 8,000
Hunterdon, New Jersey 3 $ 1,122,000 $ 374,000 $ 90,000
Greene, New York 3 $ 405,000 $ 135,000 $ 121,000
Rensselaer, New York 3 $ 604,000 $ 201,333 $ 22,000
Schoharie, New York 3 $ 469,000 $ 156,333 $ 90,000
Steuben, New York 3 $ 203,000 $ 67,666 $ 84,000
Warren, New York 3 $ 885,000 $ 295,000 $ 52,000
Greenville, South Carolina 3 $ 474,000 $ 158,000 $ 47,000
Rutland, Vermont 3 $ 435,000 $ 145,000 $ 60,000
Washington, Vermont 3 $ 571,000 $ 190,333 $ 56,000
Orange, California 2 $ 442,000 $ 221,000 $ 78,000
Solano, California 2 $ 656,000 $ 328,000 $ 35,000
Stanislaus, California 2 $ 340,000 $ 170,000 $ 31,000
Clay, Florida 2 $ 314,000 $ 157,000 $ 10,000
Levy, Florida 2 $ 229,000 $ 114,500 $ 50,000
Monroe, Florida 2 $ 699,000 $ 349,500 $ 333,000
Pasco, Florida 2 $ 390,000 $ 195,000 $ 28,000
Kane, Illinois 2 $ 358,000 $ 179,000 $ 69,000
Lake, Illinois 2 $ 789,000 $ 394,500 $ 120,000
Charles, Maryland 2 $ 563,000 $ 281,500 $ 26,000
Montgomery, Maryland 2 $ 1,135,000 $ 567,500 $ 45,000
St. Charles, Missouri 2 $ 402,000 $ 201,000 $ 0
St. Louis City, Missouri 2 $ 290,000 $ 145,000 $ 39,000
Gloucester, New Jersey 2 $ 399,000 $ 199,500 $ 41,000
Warren, New Jersey 2 $ 338,000 $ 169,000 $ 61,000
Cayuga, New York 2 $ 305,000 $ 152,500 $ 24,000
Chenango, New York 2 $ 228,000 $ 114,000 $ 49,000
Clinton, New York 2 $ 377,000 $ 188,500 $ 10,000
Delaware, New York 2 $ 469,000 $ 234,500 $ 200,000
Durham, North Carolina 2 $ 650,000 $ 325,000 $ 82,000
Wake, North Carolina 2 $ 579,000 $ 289,500 $ 121,000
Beaver, Pennsylvania 2 $ 247,000 $ 123,500 $ 39,000
Cumberland, Pennsylvania 2 $ 282,000 $ 141,000 $ 72,000
Fayette, Pennsylvania 2 $ 294,000 $ 147,000 $ 46,000
Florence, South Carolina 2 $ 449,000 $ 224,500 $ 56,000
Richland, South Carolina 2 $ 354,000 $ 177,000 $ 46,000
York, South Carolina 2 $ 453,000 $ 226,500 $ 25,000
Lamoille, Vermont 2 $ 391,000 $ 195,500 $ 76,000
Kern, California 1 $ 190,000 $ 190,000 $ 0
Napa, California 1 $ 179,000 $ 179,000 $ 34,000
Plumas, California 1 $ 146,000 $ 146,000 $ 0
San Diego, California 1 $ 469,000 $ 469,000 $ 0
Adams, Colorado 1 $ 218,000 $ 218,000 $ 0
Arapahoe, Colorado 1 $ 113,000 $ 113,000 $ 0
Delta, Colorado 1 $ 166,000 $ 166,000 $ 0
Denver, Colorado 1 $ 280,000 $ 280,000 $ 66,000
Douglas, Colorado 1 $ 211,000 $ 211,000 $ 56,000
Fremont, Colorado 1 $ 159,000 $ 159,000 $ 70,000
Garfield, Colorado 1 $ 232,000 $ 232,000 $ 118,000
Pueblo, Colorado 1 $ 137,000 $ 137,000 $ 43,000
New London, Connecticut 1 $ 156,000 $ 156,000 $ 65,000
Windham, Connecticut 1 $ 180,000 $ 180,000 $ 0
New Castle, Delaware 1 $ 183,000 $ 183,000 $ 0
Baker, Florida 1 $ 168,000 $ 168,000 $ 35,000
Bay, Florida 1 $ 134,000 $ 134,000 $ 0
Charlotte, Florida 1 $ 166,000 $ 166,000 $ 0
Citrus, Florida 1 $ 275,000 $ 275,000 $ 0
Flagler, Florida 1 $ 112,000 $ 112,000 $ 65,000
Gadsden, Florida 1 $ 129,000 $ 129,000 $ 40,000
Jefferson, Florida 1 $ 113,000 $ 113,000 $ 45,000
Lake, Florida 1 $ 132,000 $ 132,000 $ 87,000
Lee, Florida 1 $ 236,000 $ 236,000 $ 92,000
Martin, Florida 1 $ 130,000 $ 130,000 $ 43,000
Nassau, Florida 1 $ 195,000 $ 195,000 $ 0
Putnam, Florida 1 $ 106,000 $ 106,000 $ 61,000
Sarasota, Florida 1 $ 352,000 $ 352,000 $ 404,000
Seminole, Florida 1 $ 176,000 $ 176,000 $ 68,000
Sumter, Florida 1 $ 102,000 $ 102,000 $ 58,000
Camden, Georgia 1 $ 158,000 $ 158,000 $ 107,000
DeKalb, Illinois 1 $ 171,000 $ 171,000 $ 0
Edgar, Illinois 1 $ 115,000 $ 115,000 $ 0
Madison, Illinois 1 $ 164,000 $ 164,000 $ 97,000
McHenry, Illinois 1 $ 136,000 $ 136,000 $ 42,000
Sangamon, Illinois 1 $ 115,000 $ 115,000 $ 0
Boone, Iowa 1 $ 110,000 $ 110,000 $ 35,000
Decatur, Iowa 1 $ 109,000 $ 109,000 $ 30,000
Dubuque, Iowa 1 $ 133,000 $ 133,000 $ 51,000
Jackson, Iowa 1 $ 255,000 $ 255,000 $ 65,000
Sagadahoc, Maine 1 $ 190,000 $ 190,000 $ 40,000
Somerset, Maine 1 $ 150,000 $ 150,000 $ 0
Anne Arundel, Maryland 1 $ 337,000 $ 337,000 $ 0
Baltimore City, Maryland 1 $ 103,000 $ 103,000 $ 41,000
Calvert, Maryland 1 $ 207,000 $ 207,000 $ 53,000
Barnstable, Massachusetts 1 $ 389,000 $ 389,000 $ 220,000
Bristol, Massachusetts 1 $ 396,000 $ 396,000 $ 93,000
Jackson, Missouri 1 $ 129,000 $ 129,000 $ 0
Jefferson, Missouri 1 $ 126,000 $ 126,000 $ 72,000
Mercer, Missouri 1 $ 107,000 $ 107,000 $ 35,000
Polk, Missouri 1 $ 186,000 $ 186,000 $ 40,000
St. Louis, Missouri 1 $ 98,000 $ 98,000 $ 0
Allegany, New York 1 $ 107,000 $ 107,000 $ 22,000
Cattaraugus, New York 1 $ 89,000 $ 89,000 $ 0
Chautauqua, New York 1 $ 135,000 $ 135,000 $ 91,000
Columbia, New York 1 $ 162,000 $ 162,000 $ 100,000
Fulton, New York 1 $ 86,000 $ 86,000 $ 68,000
Genesee, New York 1 $ 107,000 $ 107,000 $ 89,000
Madison, New York 1 $ 272,000 $ 272,000 $ 95,000
Oneida, New York 1 $ 215,000 $ 215,000 $ 90,000
Ontario, New York 1 $ 176,000 $ 176,000 $ 90,000
Oswego, New York 1 $ 179,000 $ 179,000 $ 0
Tompkins, New York 1 $ 88,000 $ 88,000 $ 24,000
Catawba, North Carolina 1 $ 151,000 $ 151,000 $ 38,000
Hoke, North Carolina 1 $ 71,000 $ 71,000 $ 25,000
Jackson, North Carolina 1 $ 142,000 $ 142,000 $ 56,000
Lenoir, North Carolina 1 $ 140,000 $ 140,000 $ 36,000
New Hanover, North Carolina 1 $ 167,000 $ 167,000 $ 0
Rowan, North Carolina 1 $ 180,000 $ 180,000 $ 0
Union, North Carolina 1 $ 169,000 $ 169,000 $ 0
Wilson, North Carolina 1 $ 102,000 $ 102,000 $ 19,000
Clermont, Ohio 1 $ 157,000 $ 157,000 $ 0
Darke, Ohio 1 $ 140,000 $ 140,000 $ 34,000
Fairfield, Ohio 1 $ 189,000 $ 189,000 $ 0
Franklin, Ohio 1 $ 140,000 $ 140,000 $ 52,000
Lucas, Ohio 1 $ 146,000 $ 146,000 $ 94,000
Muskingum, Ohio 1 $ 94,000 $ 94,000 $ 53,000
Portage, Ohio 1 $ 182,000 $ 182,000 $ 84,000
Cleveland, Oklahoma 1 $ 128,000 $ 128,000 $ 46,000
Lincoln, Oklahoma 1 $ 137,000 $ 137,000 $ 0
Oklahoma, Oklahoma 1 $ 105,000 $ 105,000 $ 0
Stephens, Oklahoma 1 $ 161,000 $ 161,000 $ 100,000
Tulsa, Oklahoma 1 $ 142,000 $ 142,000 $ 0
Butler, Pennsylvania 1 $ 164,000 $ 164,000 $ 95,000
Columbia, Pennsylvania 1 $ 153,000 $ 153,000 $ 0
Crawford, Pennsylvania 1 $ 184,000 $ 184,000 $ 167,000
Dauphin, Pennsylvania 1 $ 227,000 $ 227,000 $ 63,000
Erie, Pennsylvania 1 $ 127,000 $ 127,000 $ 0
Indiana, Pennsylvania 1 $ 142,000 $ 142,000 $ 82,000
Lackawanna, Pennsylvania 1 $ 315,000 $ 315,000 $ 128,000
Lancaster, Pennsylvania 1 $ 226,000 $ 226,000 $ 45,000
Lawrence, Pennsylvania 1 $ 194,000 $ 194,000 $ 129,000
Lycoming, Pennsylvania 1 $ 169,000 $ 169,000 $ 35,000
Northampton, Pennsylvania 1 $ 298,000 $ 298,000 $ 0
Washington, Pennsylvania 1 $ 102,000 $ 102,000 $ 44,000
York, Pennsylvania 1 $ 153,000 $ 153,000 $ 0
Kent, Rhode Island 1 $ 227,000 $ 227,000 $ 108,000
Newport, Rhode Island 1 $ 300,000 $ 300,000 $ 224,000
Abbeville, South Carolina 1 $ 170,000 $ 170,000 $ 57,000
Anderson, South Carolina 1 $ 124,000 $ 124,000 $ 72,000
Dorchester, South Carolina 1 $ 153,000 $ 153,000 $ 0
Georgetown, South Carolina 1 $ 401,000 $ 401,000 $ 0
Marlboro, South Carolina 1 $ 223,000 $ 223,000 $ 0
Newberry, South Carolina 1 $ 207,000 $ 207,000 $ 0
Spartanburg, South Carolina 1 $ 229,000 $ 229,000 $ 74,000
Sumter, South Carolina 1 $ 224,000 $ 224,000 $ 70,000
Bradley, Tennessee 1 $ 99,000 $ 99,000 $ 43,000
Coffee, Tennessee 1 $ 127,000 $ 127,000 $ 0
Davidson, Tennessee 1 $ 140,000 $ 140,000 $ 45,000
Hawkins, Tennessee 1 $ 69,000 $ 69,000 $ 17,000
Knox, Tennessee 1 $ 121,000 $ 121,000 $ 0
Montgomery, Tennessee 1 $ 115,000 $ 115,000 $ 0
Moore, Tennessee 1 $ 234,000 $ 234,000 $ 148,000
Rutherford, Tennessee 1 $ 263,000 $ 263,000 $ 46,000
Shelby, Tennessee 1 $ 147,000 $ 147,000 $ 35,000
Weakley, Tennessee 1 $ 142,000 $ 142,000 $ 0
El Paso, Texas 1 $ 175,000 $ 175,000 $ 71,000
Fannin, Texas 1 $ 227,000 $ 227,000 $ 34,000
Henderson, Texas 1 $ 123,000 $ 123,000 $ 60,000
Jefferson, Texas 1 $ 110,000 $ 110,000 $ 70,000
Montgomery, Texas 1 $ 152,000 $ 152,000 $ 90,000
Nueces, Texas 1 $ 188,000 $ 188,000 $ 86,000
Rockwall, Texas 1 $ 370,000 $ 370,000 $ 286,000
Washington, Texas 1 $ 167,000 $ 167,000 $ 124,000
Addison, Vermont 1 $ 178,000 $ 178,000 $ 36,000
Chittenden, Vermont 1 $ 138,000 $ 138,000 $ 97,000
Franklin, Vermont 1 $ 206,000 $ 206,000 $ 56,000
Orleans, Vermont 1 $ 134,000 $ 134,000 $ 29,000
Windham, Vermont 1 $ 349,000 $ 349,000 $ 301,000
Arlington, Virginia 1 $ 416,000 $ 416,000 $ 225,000
Fairfax, Virginia 1 $ 574,000 $ 574,000 $ 0
Fredericksburg, Virginia 1 $ 275,000 $ 275,000 $ 66,000
Highland, Virginia 1 $ 377,000 $ 377,000 $ 52,000
James City, Virginia 1 $ 254,000 $ 254,000 $ 0
New Kent, Virginia 1 $ 315,000 $ 315,000 $ 50,000
Northampton, Virginia 1 $ 110,000 $ 110,000 $ 228,000
Virginia Beach, Virginia 1 $ 344,000 $ 344,000 $ 208,000
Washington, Virginia 1 $ 160,000 $ 160,000 $ 52,000

Mortgage Loan Application Detail Totals for Continental Home Loans Inc. in 2009

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 2,702 $807,217,000 $298,000 $1,004,000 $95,000 $1,256,000
Refinancing 2,686 $841,163,000 $313,000 $2,780,000 $76,000 $3,463,000
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 3,359 $1,027,820,000 $305,000 $2,780,000 $93,000 $2,502,000
Hispanic 765 $224,562,000 $293,000 $728,000 $67,000 $811,000
Black or African American 677 $210,574,000 $311,000 $762,000 $71,000 $3,463,000
Not Provided 395 $120,229,000 $304,000 $865,000 $75,000 $1,256,000
Asian 159 $55,472,000 $348,000 $1,004,000 $98,000 $343,000
Native Hawaiian or Other Pacific Islander 22 $7,135,000 $324,000 $742,000 $76,000 $205,000
American Indian or Alaskan Native 11 $2,588,000 $235,000 $417,000 $88,000 $219,000
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
FHA-insured (Federal Housing Administration) 3,543 $1,107,234,000 $312,000 $1,004,000 $70,000 $3,463,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 1,749 $511,291,000 $292,000 $2,780,000 $117,000 $2,502,000
VA-guaranteed (Veterans Administration) 92 $28,968,000 $314,000 $562,000 $78,000 $190,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 4 $887,000 $221,000 $366,000 $74,000 $121,000

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 3,646 $1,120,500,000 $307,000 $745,000 $88,000 $3,463,000
Application Withdrawn By Applicant 1,319 $400,510,000 $303,000 $2,780,000 $77,000 $2,502,000
Application Denied By Financial Institution 354 $107,755,000 $304,000 $1,004,000 $89,000 $406,000
File Closed For Incompleteness 38 $10,177,000 $267,000 $534,000 $70,000 $154,000
Application Approved But Not Accepted 31 $9,438,000 $304,000 $600,000 $96,000 $193,000
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

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
Collateral 109 $33,468,000 $307,000 $873,000 $104,000 $406,000
Debt-To-Income Ratio 100 $30,720,000 $307,000 $690,000 $77,000 $160,000
Other 45 $13,798,000 $306,000 $1,004,000 $87,000 $209,000
Credit History 37 $11,133,000 $300,000 $656,000 $89,000 $190,000
Unverifiable Information 32 $10,054,000 $314,000 $562,000 $81,000 $148,000
Employment History 16 $3,960,000 $247,000 $571,000 $81,000 $240,000
Insufficient Cash (Downpayment, Closing Cost) 10 $2,921,000 $292,000 $533,000 $85,000 $149,000
Mortgage Insurance Denied 2 $523,000 $261,000 $271,000 $141,000 $169,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Continental Home Loans Inc.'s 2009 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 Continental Home Loans 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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