Deepgreen Mortgage Lending & HMDA Data, 2003

In 2003, Deepgreen of Seven Hills, OH reported 468 mortgage applications totaling $29.5 million. The average application was for $63,108, and applicants reported an average income of $57,824. 15% of its applications resulted in an originated loan and 73% were denied. Its largest markets were Nassau-Suffolk, NY (21), Philadelphia, PA-NJ (21) and Pittsburgh, PA (13) (applications in parentheses).

Mortgage Company & Address Deepgreen
5800 Lombardo Center
Seven Hills, OH 44131
Federal Regulator * available with data download
Years 2003  
Total Number of Mortgage Applications 468
Total Mortgage Loan Application Amount $29,535,000
Average Mortgage Loan Application Amount $63,108
Highest Mortgage Loan Application Amount $180,000
Average Applicant Income $57,824
Highest Applicant Income $483,000

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Disclosure Act (HMDA) records Deepgreen filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Download the Ohio Lender List

Mortgage Loan Application Detail Totals for Deepgreen in 2003

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 (home purchase or home improvement, one-to-four family) 468 $29,535,000 $61,348 $180,000 $51,651 $483,000
Home Improvement (one-to-four family) 0 $0 $0 $0 $0 $0
Home Purchase (one-to-four family) 0 $0 $0 $0 $0 $0
Multifamily dwelling (home purchase, home improvement, and refinancings) 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
Information not provided by applicant in mail or telephone application 291 $18,258,000 $61,439 $136,000 $50,902 $483,000
White 164 $10,464,000 $61,636 $180,000 $54,909 $315,000
Hispanic 5 $309,000 $61,800 $63,000 $64,400 $97,000
Asian or Pacific Islander 4 $252,000 $63,000 $63,000 $101,333 $120,000
Black 4 $252,000 $63,000 $63,000 $44,750 $80,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Other 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) 468 $29,535,000 $61,348 $180,000 $51,651 $483,000
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
Application Denied By Financial Institution 342 $21,546,000 $63,000 $63,000 $56,275 $483,000
Loan Originated 72 $4,587,000 $57,720 $180,000 $33,840 $230,000
Application Approved But Not Accepted 54 $3,402,000 $63,000 $63,000 $55,291 $138,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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
Other 154 $9,702,000 $63,000 $63,000 $55,272 $396,000
Credit History 126 $7,938,000 $63,000 $63,000 $55,606 $483,000
Collateral 53 $3,339,000 $63,000 $63,000 $67,000 $240,000
Unverifiable Information 9 $567,000 $63,000 $63,000 $65,833 $166,000
Credit Application Incomplete 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 Deepgreen's 2003 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 Deepgreen'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 Ohio, download the full spreadsheet with aggregated HMDA statistics today.

Download the Ohio Lender List