Db Private Weath Mortgage Ltd. Mortgage Lending & HMDA Data, 2008

In 2008, Db Private Weath Mortgage Ltd. of New York, NY reported 467 mortgage applications totaling $1.4 billion, up 1630% from 2007. The average application was for $3,048,518, and applicants reported an average income of $1,912,790. 82% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (127), San Francisco-San Mateo-Redwood City, CA (27) and Bridgeport-Stamford-Norwalk, CT (25) (applications in parentheses).

Mortgage Company & Address Db Private Weath Mortgage Ltd.
345 Park Avenue, 14th Fl
New York, NY 10154
Federal Regulator * available with data download
Years 2010  2009  2008  2007  
Total Number of Mortgage Applications 467
Total Mortgage Loan Application Amount $1,423,658,000
Average Mortgage Loan Application Amount $3,048,518
Highest Mortgage Loan Application Amount $33,000,000
Average Applicant Income $1,912,790
Highest Applicant Income $9,999,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Db Private Weath Mortgage Ltd. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Db Private Weath Mortgage Ltd. in 2008

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 290 $971,142,000 $3,348,000 $33,000,000 $1,775,000 $9,999,000
Home Purchase 157 $404,006,000 $2,573,000 $15,000,000 $2,139,000 $9,999,000
Home Improvement 20 $48,510,000 $2,425,000 $5,750,000 $2,135,000 $6,932,000

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 183 $481,291,000 $2,630,000 $29,250,000 $1,688,000 $9,999,000
Not Provided 140 $380,318,000 $2,716,000 $33,000,000 $1,342,000 $9,999,000
Not applicable 129 $533,686,000 $4,137,000 $27,000,000 $2,721,000 $9,999,000
Black or African American 6 $13,070,000 $2,178,000 $4,000,000 $1,693,000 $8,140,000
Hispanic 5 $8,543,000 $1,708,000 $2,500,000 $6,144,000 $9,999,000
Asian 4 $6,750,000 $1,687,000 $4,000,000 $1,142,000 $3,650,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 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) 467 $1,423,658,000 $3,048,000 $33,000,000 $1,913,000 $9,999,000
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 381 $1,144,762,000 $3,004,000 $29,250,000 $1,933,000 $9,999,000
Application Withdrawn By Applicant 40 $99,258,000 $2,481,000 $14,000,000 $1,951,000 $9,999,000
Application Denied By Financial Institution 27 $110,414,000 $4,089,000 $33,000,000 $1,104,000 $5,409,000
Application Approved But Not Accepted 18 $67,719,000 $3,762,000 $9,250,000 $2,597,000 $9,999,000
File Closed For Incompleteness 1 $1,505,000 $1,505,000 $1,505,000 $2,000,000 $2,000,000
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 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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Db Private Weath Mortgage Ltd.'s 2008 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 Db Private Weath Mortgage Ltd.'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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