Deephaven Mortgage LLC Mortgage Lending & HMDA Data, 2019

In 2019, Deephaven Mortgage LLC of Charlotte, NC reported 6,959 mortgage applications totaling $3.3 billion. The average application was for $469,137, and applicants reported an average income of $248,053. 30% of its applications resulted in an originated loan and 21% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (624), Phoenix-Mesa-Scottsdale, AZ (315) and Riverside-San Bernardino-Ontario, CA (297) (applications in parentheses).

Mortgage Company & Address Deephaven Mortgage LLC
3530 Toringdon Way #200
Charlotte, NC 28277
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  
Total Number of Mortgage Applications 6,959
Total Mortgage Loan Application Amount $3,264,725,000
Average Mortgage Loan Application Amount $469,137
Highest Mortgage Loan Application Amount $5,005,000
Average Applicant Income $248,053
Highest Applicant Income $9,878,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Deephaven Mortgage LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Deephaven Mortgage LLC in 2019

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 4,023 $1,829,225,000 $454,000 $2,975,000 $252,000 $5,680,000
Cash-out Refinancing 1,185 $594,745,000 $501,000 $4,675,000 $260,000 $9,878,000
Other Purpose 913 $364,065,000 $398,000 $2,825,000 $157,000 $1,929,000
Refinancing 711 $438,255,000 $616,000 $5,005,000 $327,000 $7,200,000
Home Improvement 126 $38,180,000 $303,000 $1,025,000 $224,000 $2,330,000
Not Applicable 1 $255,000 $255,000 $255,000 $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 applicable 3,169 $1,580,395,000 $498,000 $4,875,000 $135,000 $204,000
White 2,158 $976,140,000 $452,000 $5,005,000 $251,000 $7,200,000
Hispanic 571 $223,115,000 $390,000 $3,245,000 $242,000 $4,118,000
Not Provided 450 $213,590,000 $474,000 $2,825,000 $242,000 $2,400,000
Asian 310 $151,370,000 $488,000 $2,995,000 $341,000 $9,878,000
Black or African American 274 $109,100,000 $398,000 $2,585,000 $181,000 $1,200,000
American Indian or Alaskan Native 19 $8,475,000 $446,000 $1,635,000 $215,000 $807,000
Native Hawaiian or Other Pacific Islander 5 $1,525,000 $305,000 $805,000 $404,000 $1,314,000

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) 6,959 $3,264,725,000 $469,000 $5,005,000 $250,000 $9,878,000
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 Purchased By The Institution 3,167 $1,579,485,000 $498,000 $4,875,000 $0 $0
Loan Originated 2,093 $909,935,000 $434,000 $2,825,000 $257,000 $9,878,000
Application Denied By Financial Institution 1,466 $681,500,000 $464,000 $5,005,000 $236,000 $6,205,000
Application Withdrawn By Applicant 225 $89,135,000 $396,000 $2,005,000 $276,000 $5,680,000
Application Approved But Not Accepted 8 $4,670,000 $583,000 $1,845,000 $294,000 $760,000
File Closed For Incompleteness 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 5,493 $2,583,225,000 $470,000 $4,875,000 $259,000 $9,878,000
Credit Application Incomplete 913 $423,895,000 $464,000 $5,005,000 $250,000 $4,980,000
Debt-To-Income Ratio 263 $132,495,000 $503,000 $4,675,000 $146,000 $6,205,000
Collateral 123 $57,385,000 $466,000 $3,005,000 $266,000 $1,376,000
Credit History 68 $26,260,000 $386,000 $2,525,000 $358,000 $4,118,000
Unverifiable Information 65 $27,035,000 $415,000 $2,175,000 $237,000 $1,616,000
Other 13 $5,205,000 $400,000 $1,565,000 $178,000 $499,000
Employment History 11 $5,625,000 $511,000 $1,955,000 $308,000 $770,000
Insufficient Cash (Downpayment, Closing Cost) 10 $3,600,000 $360,000 $645,000 $243,000 $581,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Deephaven Mortgage LLC's 2019 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 Deephaven 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.
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