Crowdcopia LLC Mortgage Lending & HMDA Data, 2020

In 2020, Crowdcopia LLC of Lansdowne, PA reported 206 mortgage applications totaling $27.1 million, down 23% from 2019. The average application was for $131,747, and applicants reported an average income of $111,000. 68% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Philadelphia, PA (189), Montgomery County-Bucks County-Chester County, PA (8) and Scranton--Wilkes-Barre--Hazleton, PA (8) (applications in parentheses).

Mortgage Company & Address Crowdcopia LLC
42 E Baltimore Ave
Lansdowne, PA 19050
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2023  2022  2021  2020  2019  
Total Number of Mortgage Applications 206
Total Mortgage Loan Application Amount $27,140,000
Average Mortgage Loan Application Amount $131,747
Highest Mortgage Loan Application Amount $2,075,000
Average Applicant Income $111,000
Highest Applicant Income $800,000

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Act (HMDA) records Crowdcopia LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Crowdcopia LLC by Metropolitan Area in 2020

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Philadelphia, PA 189 $ 25,745,000 $ 136,216 $ 115,000
Montgomery County-Bucks County-Chester County, PA 8 $ 980,000 $ 122,500 $ 84,000
Scranton--Wilkes-Barre--Hazleton, PA 8 $ 410,000 $ 51,250 $ 80,000
Reading, PA 1 $ 5,000 $ 5,000 $ 0

Mortgage Loan Application Detail Totals for Crowdcopia 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 206 $27,140,000 $131,000 $2,075,000 $111,000 $800,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Refinancing 0 $0 $0 $0 $0 $0
Cash-out Refinancing 0 $0 $0 $0 $0 $0
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
Not Provided 85 $11,045,000 $129,000 $1,025,000 $48,000 $48,000
Black or African American 75 $6,835,000 $91,000 $535,000 $88,000 $230,000
White 43 $8,725,000 $202,000 $2,075,000 $145,000 $800,000
Hispanic 2 $360,000 $180,000 $205,000 $210,000 $269,000
Asian 1 $175,000 $175,000 $175,000 $115,000 $115,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
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) 206 $27,140,000 $131,000 $2,075,000 $111,000 $800,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 141 $26,815,000 $190,000 $2,075,000 $122,000 $800,000
Application Withdrawn By Applicant 40 $200,000 $5,000 $5,000 $90,000 $200,000
Preapproval Approved but not Accepted 20 $100,000 $5,000 $5,000 $88,000 $250,000
File Closed For Incompleteness 3 $15,000 $5,000 $5,000 $72,000 $82,000
Application Approved But Not Accepted 2 $10,000 $5,000 $5,000 $62,000 $62,000
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
Loan Purchased By The 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 206 $27,140,000 $131,000 $2,075,000 $111,000 $800,000
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 Crowdcopia 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 Crowdcopia 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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