Deutsche Bank Trust Company Am Mortgage Lending & HMDA Data, 2004

In 2004, Deutsche Bank Trust Company Am of New York, NY reported 64 mortgage applications totaling $79.9 million, down 40% from 2003. The average application was for $1,248,859, and applicants reported an average income of $901,656. 91% of its applications resulted in an originated loan and 0% were denied. Its largest markets were New York-Wayne-White Plains, NY-NJ (9), Bridgeport-Stamford-Norwalk, CT (8) and Boston-Quincy, MA (4) (applications in parentheses).

Mortgage Company & Address Deutsche Bank Trust Company Am
280 Park Avenue, 4e
New York, NY 10017
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 64
Total Mortgage Loan Application Amount $79,927,000
Average Mortgage Loan Application Amount $1,248,859
Highest Mortgage Loan Application Amount $4,025,000
Average Applicant Income $901,656
Highest Applicant Income $6,481,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Deutsche Bank Trust Company Am filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Deutsche Bank Trust Company Am in 2004

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 47 $60,159,000 $1,285,000 $4,025,000 $738,812 $4,885,000
Refinancing 10 $13,008,000 $1,256,428 $3,500,000 $933,000 $6,481,000
Home Improvement 7 $6,760,000 $896,000 $1,760,000 $914,800 $3,258,000

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 37 $45,103,000 $1,243,866 $4,025,000 $899,600 $6,481,000
Not Provided 23 $28,038,000 $1,134,666 $2,768,000 $725,583 $3,258,000
Asian 2 $4,085,000 $2,042,000 $2,325,000 $1,913,000 $1,913,000
Black or African American 1 $1,751,000 $1,751,000 $1,751,000 $600,000 $600,000
Not applicable 1 $950,000 $950,000 $950,000 $992,000 $992,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Hispanic 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) 64 $79,927,000 $1,240,315 $4,025,000 $800,578 $6,481,000
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 58 $72,007,000 $1,191,000 $4,025,000 $854,933 $6,481,000
Application Withdrawn By Applicant 6 $7,920,000 $1,320,000 $2,000,000 $539,500 $801,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
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 Deutsche Bank Trust Company Am's 2004 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 Deutsche Bank Trust Company Am'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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