Eagle Home Mortgage, LLC Mortgage Lending & HMDA Data, 2004

In 2004, Eagle Home Mortgage, LLC of Bellevue, WA reported 16,204 mortgage applications totaling $2.5 billion, down 16% from 2003. The average application was for $154,556, and applicants reported an average income of $71,338. 62% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Portland-Vancouver-Beaverton, OR-WA (3,372), Seattle-Bellevue-Everett, WA (3,137) and Tacoma, WA (938) (applications in parentheses).

Mortgage Company & Address Eagle Home Mortgage, LLC
301 116th Avenue Se #400
Bellevue, WA 98004
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 16,204
Total Mortgage Loan Application Amount $2,504,434,000
Average Mortgage Loan Application Amount $154,556
Highest Mortgage Loan Application Amount $3,500,000
Average Applicant Income $71,338
Highest Applicant Income $1,822,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Eagle Home Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Eagle Home Mortgage, LLC 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 9,361 $1,421,191,000 $154,964 $3,500,000 $76,678 $1,560,000
Refinancing 6,843 $1,083,243,000 $186,333 $3,400,000 $93,212 $1,822,000
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 13,575 $2,093,748,000 $183,558 $3,500,000 $87,500 $1,822,000
Hispanic 964 $130,896,000 $133,153 $825,000 $61,923 $792,000
Asian 567 $100,273,000 $202,428 $1,200,000 $104,285 $648,000
Not Provided 466 $79,065,000 $188,625 $1,286,000 $107,187 $1,075,000
Black or African American 280 $47,568,000 $139,500 $945,000 $64,571 $296,000
Not applicable 159 $26,317,000 $125,272 $3,400,000 $61,090 $931,000
American Indian or Alaskan Native 103 $13,401,000 $121,857 $420,000 $61,714 $300,000
Native Hawaiian or Other Pacific Islander 90 $13,166,000 $158,800 $544,000 $85,000 $216,000

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) 13,919 $2,162,409,000 $181,361 $3,500,000 $89,277 $1,822,000
FHA-insured (Federal Housing Administration) 1,581 $226,177,000 $133,800 $362,000 $46,200 $385,000
VA-guaranteed (Veterans Administration) 704 $115,848,000 $158,571 $315,000 $47,714 $180,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 10,085 $1,561,400,000 $168,933 $2,200,000 $91,633 $1,560,000
Application Withdrawn By Applicant 3,495 $549,370,000 $162,033 $3,500,000 $83,233 $1,822,000
Loan Purchased By The Institution 1,630 $238,874,000 $141,000 $636,000 $76,250 $634,000
Application Denied By Financial Institution 550 $82,743,000 $166,105 $1,400,000 $69,157 $641,000
Application Approved But Not Accepted 435 $70,768,000 $138,533 $770,000 $62,466 $641,000
File Closed For Incompleteness 9 $1,279,000 $131,200 $270,000 $40,400 $95,000
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 257 $39,055,000 $117,250 $1,400,000 $54,687 $360,000
Other 101 $15,869,000 $180,750 $1,250,000 $77,000 $641,000
Collateral 80 $11,690,000 $159,769 $620,000 $66,923 $232,000
Debt-To-Income Ratio 62 $9,864,000 $156,100 $473,000 $61,100 $264,000
Employment History 21 $2,469,000 $113,000 $189,000 $51,000 $138,000
Credit Application Incomplete 14 $1,650,000 $123,833 $211,000 $60,166 $100,000
Insufficient Cash (Downpayment, Closing Cost) 9 $1,081,000 $127,666 $192,000 $56,000 $108,000
Mortgage Insurance Denied 4 $541,000 $141,500 $155,000 $46,000 $54,000
Unverifiable Information 2 $524,000 $262,000 $391,000 $108,500 $183,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Eagle Home Mortgage, LLC'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 Eagle Home 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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