Deephaven Mortgage LLC Mortgage Lending & HMDA Data, 2024

In 2024, Deephaven Mortgage LLC of Charlotte, NC reported 15,055 mortgage applications totaling $6.3 billion, up 53% from 2023. The average application was for $418,351, and applicants reported an average income of $578,961. 42% of its applications resulted in an originated loan and 25% were denied. Its largest markets were Miami-Miami Beach-Kendall, FL (790), Houston-The Woodlands-Sugar Land, TX (506) and Los Angeles-Long Beach-Glendale, CA (491) (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 15,055
Total Mortgage Loan Application Amount $6,298,275,000
Average Mortgage Loan Application Amount $418,351
Highest Mortgage Loan Application Amount $3,605,000
Average Applicant Income $578,961
Highest Applicant Income $9,600,000

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(HMDA) records Deephaven Mortgage LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2024

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 7,682 $3,503,490,000 $456,000 $3,605,000 $537,000 $9,600,000
Cash-out Refinancing 2,458 $1,121,290,000 $456,000 $3,505,000 $565,000 $6,853,000
Home Improvement 2,263 $601,715,000 $265,000 $2,605,000 $632,000 $7,661,000
Refinancing 1,416 $750,670,000 $530,000 $3,505,000 $870,000 $9,442,000
Other Purpose 1,236 $321,110,000 $259,000 $2,145,000 $437,000 $9,590,000
Not Applicable 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 applicable 5,840 $2,245,560,000 $384,000 $3,505,000 $161,000 $188,000
White 3,937 $1,833,875,000 $465,000 $3,605,000 $601,000 $9,600,000
Hispanic 2,084 $822,350,000 $394,000 $3,505,000 $475,000 $9,442,000
Not Provided 1,660 $774,870,000 $466,000 $3,445,000 $619,000 $9,590,000
Asian 798 $360,340,000 $451,000 $3,005,000 $482,000 $4,338,000
Black or African American 676 $238,090,000 $352,000 $3,005,000 $399,000 $4,436,000
American Indian or Alaskan Native 47 $17,435,000 $370,000 $2,435,000 $417,000 $1,741,000
Native Hawaiian or Other Pacific Islander 11 $4,955,000 $450,000 $1,265,000 $312,000 $693,000

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) 15,055 $6,298,275,000 $418,000 $3,605,000 $551,000 $9,600,000
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 6,249 $2,577,145,000 $412,000 $3,505,000 $609,000 $9,590,000
Loan Purchased By The Institution 3,884 $1,582,090,000 $407,000 $3,505,000 $619,000 $2,387,000
Application Denied By Financial Institution 3,835 $1,669,875,000 $435,000 $3,605,000 $473,000 $9,600,000
Application Withdrawn By Applicant 940 $413,460,000 $439,000 $3,005,000 $508,000 $4,800,000
Application Approved But Not Accepted 147 $55,705,000 $378,000 $2,195,000 $581,000 $3,447,000
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 11,220 $4,628,400,000 $412,000 $3,505,000 $596,000 $9,590,000
Unverifiable Information 1,951 $849,425,000 $435,000 $3,605,000 $495,000 $7,404,000
Collateral 868 $378,130,000 $435,000 $3,555,000 $728,000 $6,467,000
Debt-To-Income Ratio 414 $193,400,000 $467,000 $3,505,000 $180,000 $2,923,000
Credit History 238 $100,650,000 $422,000 $3,505,000 $539,000 $8,424,000
Credit Application Incomplete 209 $89,195,000 $426,000 $2,405,000 $735,000 $9,600,000
Other 87 $26,255,000 $301,000 $1,545,000 $284,000 $1,487,000
Employment History 37 $16,895,000 $456,000 $1,755,000 $368,000 $5,077,000
Insufficient Cash (Downpayment, Closing Cost) 31 $15,925,000 $513,000 $1,575,000 $484,000 $1,690,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Deephaven Mortgage LLC's 2024 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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