Dovenmuehle Funding, Inc Mortgage Lending & HMDA Data, 2005

In 2005, Dovenmuehle Funding, Inc of Lake Zurich, IL reported 185 mortgage applications totaling $21.3 million, down 47% from 2004. The average application was for $115,394, and applicants reported an average income of $70,848. 48% of its applications resulted in an originated loan and 26% were denied. Its largest markets were Chicago-Naperville-Joliet, IL (37), Atlanta-Sandy Springs-Marietta, GA (11) and Dallas-Plano-Irving, TX (4) (applications in parentheses).

Mortgage Company & Address Dovenmuehle Funding, Inc
1 Corporate Drive Suite 360
Lake Zurich, IL 60047
Federal Regulator * available with data download
Years 2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 185
Total Mortgage Loan Application Amount $21,348,000
Average Mortgage Loan Application Amount $115,394
Highest Mortgage Loan Application Amount $357,000
Average Applicant Income $70,848
Highest Applicant Income $270,000

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(HMDA) records Dovenmuehle Funding, Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Dovenmuehle Funding, Inc by County in 2005

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Cook, Illinois 25 $ 3,060,000 $ 122,400 $ 58,000
McHenry, Illinois 5 $ 761,000 $ 152,200 $ 50,000
Tarrant, Texas 4 $ 304,000 $ 76,000 $ 85,000
Cobb, Georgia 3 $ 375,000 $ 125,000 $ 99,000
Gwinnett, Georgia 3 $ 252,000 $ 84,000 $ 46,000
Kane, Illinois 3 $ 356,000 $ 118,666 $ 92,000
St. Clair, Illinois 3 $ 264,000 $ 88,000 $ 58,000
Will, Illinois 3 $ 190,000 $ 63,333 $ 58,000
Montgomery, Maryland 3 $ 747,000 $ 249,000 $ 141,000
Prince George's, Maryland 3 $ 693,000 $ 231,000 $ 143,000
Jackson, Missouri 3 $ 285,000 $ 95,000 $ 45,000
Providence, Rhode Island 3 $ 282,000 $ 94,000 $ 102,000
Dallas, Texas 3 $ 234,000 $ 78,000 $ 129,000
Harris, Texas 3 $ 390,000 $ 130,000 $ 66,000
Broward, Florida 2 $ 182,000 $ 91,000 $ 31,000
Hall, Georgia 2 $ 119,000 $ 59,500 $ 48,000
Coles, Illinois 2 $ 92,000 $ 46,000 $ 54,000
Rock Island, Illinois 2 $ 152,000 $ 76,000 $ 67,000
Barnstable, Massachusetts 2 $ 272,000 $ 136,000 $ 121,000
Plymouth, Massachusetts 2 $ 314,000 $ 157,000 $ 84,000
Worcester, Massachusetts 2 $ 227,000 $ 113,500 $ 81,000
Anoka, Minnesota 2 $ 173,000 $ 86,500 $ 44,000
Tulsa, Oklahoma 2 $ 149,000 $ 74,500 $ 106,000
Arlington, Virginia 2 $ 213,000 $ 106,500 $ 141,000
Chesterfield, Virginia 2 $ 282,000 $ 141,000 $ 61,000
Prince William, Virginia 2 $ 333,000 $ 166,500 $ 66,000
Cowlitz, Washington 2 $ 320,000 $ 160,000 $ 58,000
Anchorage, Alaska 1 $ 138,000 $ 138,000 $ 82,000
Clark, Arkansas 1 $ 67,000 $ 67,000 $ 79,000
Lonoke, Arkansas 1 $ 150,000 $ 150,000 $ 74,000
Pulaski, Arkansas 1 $ 37,000 $ 37,000 $ 60,000
Delta, Colorado 1 $ 48,000 $ 48,000 $ 27,000
Denver, Colorado 1 $ 100,000 $ 100,000 $ 48,000
El Paso, Colorado 1 $ 135,000 $ 135,000 $ 44,000
Fairfield, Connecticut 1 $ 327,000 $ 327,000 $ 85,000
Highlands, Florida 1 $ 95,000 $ 95,000 $ 61,000
Lee, Florida 1 $ 206,000 $ 206,000 $ 42,000
Miami-Dade, Florida 1 $ 145,000 $ 145,000 $ 88,000
Palm Beach, Florida 1 $ 295,000 $ 295,000 $ 270,000
Sarasota, Florida 1 $ 85,000 $ 85,000 $ 65,000
Bartow, Georgia 1 $ 66,000 $ 66,000 $ 55,000
Cherokee, Georgia 1 $ 134,000 $ 134,000 $ 123,000
Dawson, Georgia 1 $ 150,000 $ 150,000 $ 80,000
DeKalb, Georgia 1 $ 133,000 $ 133,000 $ 60,000
Floyd, Georgia 1 $ 160,000 $ 160,000 $ 77,000
Jefferson, Georgia 1 $ 38,000 $ 38,000 $ 56,000
Lumpkin, Georgia 1 $ 66,000 $ 66,000 $ 38,000
Morgan, Georgia 1 $ 83,000 $ 83,000 $ 38,000
Paulding, Georgia 1 $ 136,000 $ 136,000 $ 87,000
Richmond, Georgia 1 $ 68,000 $ 68,000 $ 55,000
Ware, Georgia 1 $ 99,000 $ 99,000 $ 58,000
Whitfield, Georgia 1 $ 50,000 $ 50,000 $ 33,000
Hawaii, Hawaii 1 $ 110,000 $ 110,000 $ 109,000
Clay, Illinois 1 $ 33,000 $ 33,000 $ 16,000
DuPage, Illinois 1 $ 142,000 $ 142,000 $ 68,000
Jackson, Illinois 1 $ 86,000 $ 86,000 $ 55,000
LaSalle, Illinois 1 $ 44,000 $ 44,000 $ 24,000
Saline, Illinois 1 $ 130,000 $ 130,000 $ 20,000
Sangamon, Illinois 1 $ 123,000 $ 123,000 $ 48,000
Williamson, Illinois 1 $ 47,000 $ 47,000 $ 45,000
Clinton, Indiana 1 $ 68,000 $ 68,000 $ 35,000
Lake, Indiana 1 $ 40,000 $ 40,000 $ 33,000
Woodbury, Iowa 1 $ 43,000 $ 43,000 $ 50,000
Ascension, Louisiana 1 $ 53,000 $ 53,000 $ 48,000
Bossier, Louisiana 1 $ 96,000 $ 96,000 $ 60,000
Caddo, Louisiana 1 $ 66,000 $ 66,000 $ 31,000
Claiborne, Louisiana 1 $ 85,000 $ 85,000 $ 64,000
Jefferson, Louisiana 1 $ 120,000 $ 120,000 $ 105,000
Ouachita, Louisiana 1 $ 55,000 $ 55,000 $ 15,000
Webster, Louisiana 1 $ 50,000 $ 50,000 $ 30,000
York, Maine 1 $ 211,000 $ 211,000 $ 78,000
Anne Arundel, Maryland 1 $ 97,000 $ 97,000 $ 68,000
Calvert, Maryland 1 $ 270,000 $ 270,000 $ 94,000
Harford, Maryland 1 $ 101,000 $ 101,000 $ 103,000
Talbot, Maryland 1 $ 200,000 $ 200,000 $ 148,000
Washington, Maryland 1 $ 172,000 $ 172,000 $ 73,000
Bristol, Massachusetts 1 $ 176,000 $ 176,000 $ 45,000
Essex, Massachusetts 1 $ 180,000 $ 180,000 $ 32,000
Middlesex, Massachusetts 1 $ 196,000 $ 196,000 $ 60,000
Suffolk, Massachusetts 1 $ 174,000 $ 174,000 $ 99,000
Allegan, Michigan 1 $ 106,000 $ 106,000 $ 70,000
Isabella, Michigan 1 $ 62,000 $ 62,000 $ 18,000
Macomb, Michigan 1 $ 132,000 $ 132,000 $ 30,000
Muskegon, Michigan 1 $ 67,000 $ 67,000 $ 49,000
Newaygo, Michigan 1 $ 65,000 $ 65,000 $ 48,000
Oakland, Michigan 1 $ 200,000 $ 200,000 $ 120,000
Wayne, Michigan 1 $ 44,000 $ 44,000 $ 38,000
Clearwater, Minnesota 1 $ 122,000 $ 122,000 $ 85,000
Ramsey, Minnesota 1 $ 61,000 $ 61,000 $ 61,000
Washington, Minnesota 1 $ 100,000 $ 100,000 $ 59,000
Boone, Missouri 1 $ 100,000 $ 100,000 $ 52,000
St. Charles, Missouri 1 $ 75,000 $ 75,000 $ 28,000
Belknap, New Hampshire 1 $ 70,000 $ 70,000 $ 39,000
Cheshire, New Hampshire 1 $ 159,000 $ 159,000 $ 122,000
Hillsborough, New Hampshire 1 $ 100,000 $ 100,000 $ 69,000
Strafford, New Hampshire 1 $ 30,000 $ 30,000 $ 17,000
Bronx, New York 1 $ 130,000 $ 130,000 $ 81,000
Hocking, Ohio 1 $ 112,000 $ 112,000 $ 65,000
Oklahoma, Oklahoma 1 $ 98,000 $ 98,000 $ 46,000
Berkeley, South Carolina 1 $ 82,000 $ 82,000 $ 72,000
Charleston, South Carolina 1 $ 257,000 $ 257,000 $ 75,000
Darlington, South Carolina 1 $ 171,000 $ 171,000 $ 109,000
Horry, South Carolina 1 $ 26,000 $ 26,000 $ 87,000
Laurens, South Carolina 1 $ 128,000 $ 128,000 $ 92,000
Marion, South Carolina 1 $ 48,000 $ 48,000 $ 18,000
Richland, South Carolina 1 $ 102,000 $ 102,000 $ 145,000
Knox, Tennessee 1 $ 236,000 $ 236,000 $ 173,000
Collin, Texas 1 $ 69,000 $ 69,000 $ 81,000
El Paso, Texas 1 $ 53,000 $ 53,000 $ 61,000
Henderson, Texas 1 $ 59,000 $ 59,000 $ 80,000
Hidalgo, Texas 1 $ 76,000 $ 76,000 $ 82,000
Williamson, Texas 1 $ 150,000 $ 150,000 $ 104,000
James City, Virginia 1 $ 64,000 $ 64,000 $ 124,000
Newport News, Virginia 1 $ 183,000 $ 183,000 $ 90,000
Spotsylvania, Virginia 1 $ 95,000 $ 95,000 $ 96,000
Clark, Washington 1 $ 83,000 $ 83,000 $ 160,000
King, Washington 1 $ 147,000 $ 147,000 $ 67,000
Pierce, Washington 1 $ 148,000 $ 148,000 $ 47,000
Sauk, Wisconsin 1 $ 138,000 $ 138,000 $ 58,000

Mortgage Loan Application Detail Totals for Dovenmuehle Funding, Inc in 2005

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 160 $18,049,000 $113,192 $357,000 $75,615 $270,000
Home Purchase 25 $3,299,000 $138,076 $327,000 $63,692 $105,000
Home Improvement 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
White 144 $16,884,000 $124,640 $357,000 $77,280 $270,000
Not Provided 17 $1,816,000 $132,333 $305,000 $75,777 $195,000
Black or African American 12 $1,008,000 $113,250 $171,000 $74,250 $145,000
Hispanic 10 $1,322,000 $141,666 $172,000 $69,833 $88,000
Asian 2 $318,000 $159,000 $180,000 $110,500 $139,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 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) 185 $21,348,000 $124,250 $357,000 $76,071 $270,000
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 88 $10,142,000 $109,809 $357,000 $72,571 $229,000
Application Denied By Financial Institution 49 $5,420,000 $115,421 $327,000 $60,315 $132,000
Application Withdrawn By Applicant 48 $5,786,000 $129,562 $295,000 $90,750 $270,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 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
Credit History 26 $2,807,000 $102,000 $230,000 $60,000 $115,000
Credit Application Incomplete 15 $1,915,000 $139,777 $327,000 $65,777 $132,000
Debt-To-Income Ratio 6 $504,000 $88,750 $130,000 $49,250 $103,000
Collateral 2 $194,000 $97,000 $154,000 $37,500 $42,000
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 Dovenmuehle Funding, Inc's 2005 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 Dovenmuehle Funding, Inc'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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