Equity Resources Inc Mortgage Lending & HMDA Data, 2018

In 2018, Equity Resources Inc of Newark, OH reported 6,409 mortgage applications totaling $1.2 billion, down 1% from 2017. The average application was for $185,205, and applicants reported an average income of $83,096. 73% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Pittsburgh, PA (1,229), Columbus, OH (747) and Raleigh, NC (635) (applications in parentheses).

Mortgage Company & Address Equity Resources Inc
Po Box 5177
Newark, OH 43055
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 6,409
Total Mortgage Loan Application Amount $1,186,985,000
Average Mortgage Loan Application Amount $185,205
Highest Mortgage Loan Application Amount $1,195,000
Average Applicant Income $83,096
Highest Applicant Income $1,675,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Equity Resources Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Equity Resources Inc by County in 2018

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Allegheny, Pennsylvania 537 $ 94,805,000 $ 176,545 $ 90,000
Wake, North Carolina 488 $ 123,580,000 $ 253,237 $ 106,000
Lucas, Ohio 366 $ 46,490,000 $ 127,021 $ 65,000
Franklin, Ohio 284 $ 48,610,000 $ 171,161 $ 84,000
Guilford, North Carolina 244 $ 43,650,000 $ 178,893 $ 78,000
Washington, Pennsylvania 242 $ 37,910,000 $ 156,652 $ 77,000
Beaver, Pennsylvania 196 $ 26,770,000 $ 136,581 $ 70,000
Hamilton, Ohio 170 $ 21,810,000 $ 128,294 $ 59,000
Licking, Ohio 167 $ 25,855,000 $ 154,820 $ 73,000
Delaware, Ohio 126 $ 33,020,000 $ 262,063 $ 115,000
Johnston, North Carolina 121 $ 25,015,000 $ 206,735 $ 74,000
Westmoreland, Pennsylvania 119 $ 16,765,000 $ 140,882 $ 72,000
Wood, Ohio 103 $ 17,835,000 $ 173,155 $ 85,000
St. Mary's, Maryland 100 $ 26,210,000 $ 262,100 $ 99,000
Montgomery, Ohio 97 $ 10,785,000 $ 111,185 $ 67,000
Fairfield, Ohio 93 $ 19,905,000 $ 214,032 $ 123,000
Butler, Pennsylvania 87 $ 19,145,000 $ 220,057 $ 95,000
Blair, Pennsylvania 85 $ 11,735,000 $ 138,058 $ 78,000
New Haven, Connecticut 78 $ 16,330,000 $ 209,358 $ 84,000
Baltimore, Maryland 77 $ 17,005,000 $ 220,844 $ 83,000
Erie, Pennsylvania 77 $ 9,805,000 $ 127,337 $ 70,000
Horry, South Carolina 75 $ 12,505,000 $ 166,733 $ 57,000
Monroe, Michigan 68 $ 9,730,000 $ 143,088 $ 65,000
Montgomery, Maryland 65 $ 20,055,000 $ 308,538 $ 102,000
Butler, Ohio 62 $ 10,030,000 $ 161,774 $ 79,000
Prince George's, Maryland 61 $ 13,955,000 $ 228,770 $ 93,000
Mercer, Pennsylvania 60 $ 8,120,000 $ 135,333 $ 69,000
Warren, Ohio 56 $ 9,480,000 $ 169,285 $ 88,000
Forsyth, North Carolina 54 $ 8,370,000 $ 155,000 $ 78,000
Pinellas, Florida 52 $ 12,400,000 $ 238,461 $ 109,000
Durham, North Carolina 52 $ 11,610,000 $ 223,269 $ 95,000
Clermont, Ohio 49 $ 7,605,000 $ 155,204 $ 74,000
Plymouth, Massachusetts 48 $ 13,860,000 $ 288,750 $ 70,000
Fulton, Ohio 45 $ 6,225,000 $ 138,333 $ 66,000
Lawrence, Pennsylvania 45 $ 6,205,000 $ 137,888 $ 63,000
Calvert, Maryland 44 $ 9,760,000 $ 221,818 $ 77,000
Hillsborough, Florida 42 $ 7,340,000 $ 174,761 $ 78,000
Harford, Maryland 41 $ 9,055,000 $ 220,853 $ 84,000
Anne Arundel, Maryland 38 $ 9,490,000 $ 249,736 $ 91,000
Fayette, Pennsylvania 37 $ 4,265,000 $ 115,270 $ 55,000
Carteret, North Carolina 36 $ 9,830,000 $ 273,055 $ 144,000
Sarasota, Florida 35 $ 6,085,000 $ 173,857 $ 100,000
Bristol, Massachusetts 35 $ 9,875,000 $ 282,142 $ 71,000
Davidson, North Carolina 33 $ 4,705,000 $ 142,575 $ 70,000
Polk, Florida 30 $ 4,970,000 $ 165,666 $ 75,000
Brunswick, North Carolina 28 $ 5,790,000 $ 206,785 $ 114,000
New Hanover, North Carolina 28 $ 6,690,000 $ 238,928 $ 123,000
Miami, Ohio 28 $ 3,510,000 $ 125,357 $ 82,000
Franklin, North Carolina 26 $ 5,500,000 $ 211,538 $ 69,000
Knox, Ohio 25 $ 3,245,000 $ 129,800 $ 59,000
Baltimore City, Maryland 24 $ 3,550,000 $ 147,916 $ 65,000
Perry, Ohio 24 $ 3,890,000 $ 162,083 $ 73,000
Alamance, North Carolina 23 $ 3,765,000 $ 163,695 $ 61,000
Manatee, Florida 22 $ 4,490,000 $ 204,090 $ 70,000
Howard, Maryland 22 $ 6,680,000 $ 303,636 $ 87,000
Greene, Ohio 22 $ 2,510,000 $ 114,090 $ 53,000
Cambria, Pennsylvania 22 $ 1,910,000 $ 86,818 $ 55,000
Carroll, Maryland 21 $ 6,115,000 $ 291,190 $ 104,000
Suffolk, Massachusetts 21 $ 8,695,000 $ 414,047 $ 94,000
Nash, North Carolina 21 $ 3,365,000 $ 160,238 $ 80,000
District of Columbia, District Of Columbia 20 $ 9,070,000 $ 453,500 $ 130,000
Osceola, Florida 20 $ 4,900,000 $ 245,000 $ 84,000
Rockingham, North Carolina 20 $ 2,730,000 $ 136,500 $ 64,000
Clinton, Ohio 20 $ 2,510,000 $ 125,500 $ 55,000
Trumbull, Ohio 20 $ 2,280,000 $ 114,000 $ 62,000
Union, Ohio 20 $ 6,050,000 $ 302,500 $ 95,000
Greene, Pennsylvania 20 $ 2,460,000 $ 123,000 $ 71,000
Randolph, North Carolina 19 $ 2,595,000 $ 136,578 $ 65,000
Beaufort, South Carolina 18 $ 4,680,000 $ 260,000 $ 175,000
Frederick, Maryland 17 $ 4,635,000 $ 272,647 $ 83,000
Harnett, North Carolina 17 $ 2,675,000 $ 157,352 $ 64,000
Mecklenburg, North Carolina 17 $ 3,605,000 $ 212,058 $ 78,000
Ottawa, Ohio 16 $ 2,250,000 $ 140,625 $ 83,000
Granville, North Carolina 15 $ 2,785,000 $ 185,666 $ 62,000
Morrow, Ohio 15 $ 2,985,000 $ 199,000 $ 80,000
Dorchester, South Carolina 15 $ 3,145,000 $ 209,666 $ 75,000
Fairfield, Connecticut 14 $ 3,270,000 $ 233,571 $ 94,000
Charles, Maryland 14 $ 4,110,000 $ 293,571 $ 93,000
Jackson, Michigan 14 $ 1,690,000 $ 120,714 $ 68,000
Moore, North Carolina 14 $ 3,440,000 $ 245,714 $ 90,000
Marion, Ohio 14 $ 2,420,000 $ 172,857 $ 93,000
Richland, Ohio 14 $ 1,460,000 $ 104,285 $ 45,000
Berkeley, South Carolina 14 $ 2,690,000 $ 192,142 $ 76,000
Charleston, South Carolina 14 $ 3,360,000 $ 240,000 $ 146,000
Craven, North Carolina 13 $ 1,635,000 $ 125,769 $ 83,000
Lee, North Carolina 13 $ 1,755,000 $ 135,000 $ 50,000
Pickaway, Ohio 13 $ 2,705,000 $ 208,076 $ 111,000
Lenawee, Michigan 12 $ 1,230,000 $ 102,500 $ 53,000
Cabarrus, North Carolina 12 $ 3,030,000 $ 252,500 $ 83,000
Chatham, North Carolina 12 $ 4,460,000 $ 371,666 $ 141,000
Norfolk, Massachusetts 11 $ 5,155,000 $ 468,636 $ 113,000
Gaston, North Carolina 11 $ 1,575,000 $ 143,181 $ 45,000
Highland, Ohio 11 $ 1,625,000 $ 147,727 $ 74,000
Armstrong, Pennsylvania 11 $ 1,675,000 $ 152,272 $ 87,000
Pasco, Florida 10 $ 1,810,000 $ 181,000 $ 77,000
Onslow, North Carolina 10 $ 2,130,000 $ 213,000 $ 78,000
Clark, Ohio 10 $ 1,080,000 $ 108,000 $ 60,000
Henry, Ohio 10 $ 1,690,000 $ 169,000 $ 64,000
Mahoning, Ohio 10 $ 1,030,000 $ 103,000 $ 52,000
Muskingum, Ohio 10 $ 1,490,000 $ 149,000 $ 61,000
Sandusky, Ohio 10 $ 1,190,000 $ 119,000 $ 53,000
Charlotte, Florida 9 $ 1,395,000 $ 155,000 $ 68,000
Orange, North Carolina 9 $ 2,815,000 $ 312,777 $ 129,000
Somerset, Pennsylvania 9 $ 805,000 $ 89,444 $ 62,000
Providence, Rhode Island 9 $ 1,845,000 $ 205,000 $ 60,000
Hartford, Connecticut 8 $ 1,430,000 $ 178,750 $ 69,000
Litchfield, Connecticut 8 $ 1,610,000 $ 201,250 $ 49,000
Middlesex, Connecticut 8 $ 1,830,000 $ 228,750 $ 76,000
Crawford, Pennsylvania 8 $ 1,100,000 $ 137,500 $ 70,000
Cecil, Maryland 7 $ 1,505,000 $ 215,000 $ 59,000
Logan, Ohio 7 $ 1,245,000 $ 177,857 $ 72,000
Scioto, Ohio 7 $ 905,000 $ 129,285 $ 130,000
Fairfax, Virginia 7 $ 2,655,000 $ 379,285 $ 153,000
Orange, Florida 6 $ 1,990,000 $ 331,666 $ 127,000
Barnstable, Massachusetts 6 $ 940,000 $ 156,666 $ 114,000
Champaign, Ohio 6 $ 610,000 $ 101,666 $ 35,000
York, Pennsylvania 6 $ 1,150,000 $ 191,666 $ 90,000
Broward, Florida 5 $ 475,000 $ 95,000 $ 61,000
Marion, Florida 5 $ 575,000 $ 115,000 $ 80,000
Volusia, Florida 5 $ 865,000 $ 173,000 $ 79,000
Middlesex, Massachusetts 5 $ 695,000 $ 139,000 $ 49,000
Catawba, North Carolina 5 $ 795,000 $ 159,000 $ 64,000
Lenoir, North Carolina 5 $ 845,000 $ 169,000 $ 85,000
Person, North Carolina 5 $ 755,000 $ 151,000 $ 86,000
Pitt, North Carolina 5 $ 1,045,000 $ 209,000 $ 109,000
Union, North Carolina 5 $ 905,000 $ 181,000 $ 63,000
Adams, Ohio 5 $ 495,000 $ 99,000 $ 41,000
New Castle, Delaware 4 $ 1,060,000 $ 265,000 $ 108,000
Hernando, Florida 4 $ 720,000 $ 180,000 $ 194,000
Queen Anne's, Maryland 4 $ 980,000 $ 245,000 $ 130,000
Worcester, Maryland 4 $ 620,000 $ 155,000 $ 108,000
Hillsdale, Michigan 4 $ 570,000 $ 142,500 $ 58,000
Cleveland, North Carolina 4 $ 590,000 $ 147,500 $ 102,000
Cumberland, North Carolina 4 $ 520,000 $ 130,000 $ 53,000
Wayne, North Carolina 4 $ 690,000 $ 172,500 $ 60,000
Brown, Ohio 4 $ 470,000 $ 117,500 $ 47,000
Crawford, Ohio 4 $ 280,000 $ 70,000 $ 48,000
Darke, Ohio 4 $ 470,000 $ 117,500 $ 81,000
Hancock, Ohio 4 $ 470,000 $ 117,500 $ 44,000
Huntingdon, Pennsylvania 4 $ 700,000 $ 175,000 $ 74,000
Indiana, Pennsylvania 4 $ 370,000 $ 92,500 $ 41,000
Lancaster, Pennsylvania 4 $ 790,000 $ 197,500 $ 86,000
Lehigh, Pennsylvania 4 $ 860,000 $ 215,000 $ 97,000
Duval, Florida 3 $ 435,000 $ 145,000 $ 42,000
Miami-Dade, Florida 3 $ 855,000 $ 285,000 $ 81,000
Okeechobee, Florida 3 $ 395,000 $ 131,666 $ 77,000
Palm Beach, Florida 3 $ 1,035,000 $ 345,000 $ 284,000
Worcester, Massachusetts 3 $ 1,225,000 $ 408,333 $ 103,000
Wayne, Michigan 3 $ 315,000 $ 105,000 $ 58,000
Columbus, North Carolina 3 $ 295,000 $ 98,333 $ 42,000
Davie, North Carolina 3 $ 435,000 $ 145,000 $ 43,000
Hoke, North Carolina 3 $ 745,000 $ 248,333 $ 110,000
Pender, North Carolina 3 $ 725,000 $ 241,666 $ 257,000
Watauga, North Carolina 3 $ 395,000 $ 131,666 $ 61,000
Wilson, North Carolina 3 $ 465,000 $ 155,000 $ 46,000
Ashland, Ohio 3 $ 405,000 $ 135,000 $ 129,000
Belmont, Ohio 3 $ 265,000 $ 88,333 $ 31,000
Columbiana, Ohio 3 $ 505,000 $ 168,333 $ 147,000
Erie, Ohio 3 $ 1,485,000 $ 495,000 $ 196,000
Jefferson, Ohio 3 $ 515,000 $ 171,666 $ 40,000
Lorain, Ohio 3 $ 295,000 $ 98,333 $ 53,000
Madison, Ohio 3 $ 705,000 $ 235,000 $ 105,000
Shelby, Ohio 3 $ 315,000 $ 105,000 $ 41,000
Berks, Pennsylvania 3 $ 595,000 $ 198,333 $ 85,000
Chester, Pennsylvania 3 $ 1,115,000 $ 371,666 $ 107,000
Georgetown, South Carolina 3 $ 635,000 $ 211,666 $ 79,000
DeSoto, Florida 2 $ 290,000 $ 145,000 $ 58,000
Lake, Florida 2 $ 290,000 $ 145,000 $ 70,000
Lee, Florida 2 $ 310,000 $ 155,000 $ 95,000
Seminole, Florida 2 $ 1,470,000 $ 735,000 $ 254,000
St. Lucie, Florida 2 $ 260,000 $ 130,000 $ 41,000
Allen, Indiana 2 $ 250,000 $ 125,000 $ 48,000
Union, Indiana 2 $ 270,000 $ 135,000 $ 26,000
Campbell, Kentucky 2 $ 460,000 $ 230,000 $ 132,000
Caroline, Maryland 2 $ 280,000 $ 140,000 $ 84,000
Talbot, Maryland 2 $ 50,000 $ 25,000 $ 85,000
Essex, Massachusetts 2 $ 830,000 $ 415,000 $ 3,000
Buncombe, North Carolina 2 $ 400,000 $ 200,000 $ 48,000
Burke, North Carolina 2 $ 210,000 $ 105,000 $ 35,000
Iredell, North Carolina 2 $ 400,000 $ 200,000 $ 53,000
Pamlico, North Carolina 2 $ 490,000 $ 245,000 $ 301,000
Rowan, North Carolina 2 $ 380,000 $ 190,000 $ 53,000
Stokes, North Carolina 2 $ 330,000 $ 165,000 $ 68,000
Vance, North Carolina 2 $ 140,000 $ 70,000 $ 34,000
Warren, North Carolina 2 $ 400,000 $ 200,000 $ 162,000
Wilkes, North Carolina 2 $ 340,000 $ 170,000 $ 86,000
Coshocton, Ohio 2 $ 230,000 $ 115,000 $ 75,000
Cuyahoga, Ohio 2 $ 380,000 $ 190,000 $ 108,000
Defiance, Ohio 2 $ 450,000 $ 225,000 $ 101,000
Geauga, Ohio 2 $ 220,000 $ 110,000 $ 84,000
Hocking, Ohio 2 $ 300,000 $ 150,000 $ 46,000
Summit, Ohio 2 $ 280,000 $ 140,000 $ 125,000
Bedford, Pennsylvania 2 $ 260,000 $ 130,000 $ 66,000
Centre, Pennsylvania 2 $ 500,000 $ 250,000 $ 113,000
Lackawanna, Pennsylvania 2 $ 270,000 $ 135,000 $ 102,000
Montgomery, Pennsylvania 2 $ 510,000 $ 255,000 $ 115,000
Florence, South Carolina 2 $ 230,000 $ 115,000 $ 52,000
Lancaster, South Carolina 2 $ 290,000 $ 145,000 $ 112,000
Lexington, South Carolina 2 $ 470,000 $ 235,000 $ 100,000
York, South Carolina 2 $ 230,000 $ 115,000 $ 30,000
Prince William, Virginia 2 $ 560,000 $ 280,000 $ 94,000
New London, Connecticut 1 $ 315,000 $ 315,000 $ 240,000
Tolland, Connecticut 1 $ 185,000 $ 185,000 $ 100,000
Citrus, Florida 1 $ 75,000 $ 75,000 $ 30,000
Escambia, Florida 1 $ 295,000 $ 295,000 $ 110,000
Indian River, Florida 1 $ 595,000 $ 595,000 $ 296,000
Levy, Florida 1 $ 55,000 $ 55,000 $ 111,000
Sumter, Florida 1 $ 415,000 $ 415,000 $ 126,000
Boone, Kentucky 1 $ 165,000 $ 165,000 $ 39,000
Kenton, Kentucky 1 $ 285,000 $ 285,000 $ 136,000
Taylor, Kentucky 1 $ 175,000 $ 175,000 $ 105,000
Allegany, Maryland 1 $ 165,000 $ 165,000 $ 43,000
Dorchester, Maryland 1 $ 195,000 $ 195,000 $ 155,000
Garrett, Maryland 1 $ 105,000 $ 105,000 $ 215,000
Wicomico, Maryland 1 $ 285,000 $ 285,000 $ 109,000
Berrien, Michigan 1 $ 165,000 $ 165,000 $ 70,000
Livingston, Michigan 1 $ 215,000 $ 215,000 $ 85,000
Macomb, Michigan 1 $ 175,000 $ 175,000 $ 52,000
St. Clair, Michigan 1 $ 85,000 $ 85,000 $ 18,000
Washtenaw, Michigan 1 $ 205,000 $ 205,000 $ 112,000
Caldwell, North Carolina 1 $ 115,000 $ 115,000 $ 46,000
Edgecombe, North Carolina 1 $ 75,000 $ 75,000 $ 24,000
Gates, North Carolina 1 $ 135,000 $ 135,000 $ 46,000
Halifax, North Carolina 1 $ 75,000 $ 75,000 $ 38,000
Henderson, North Carolina 1 $ 225,000 $ 225,000 $ 74,000
Montgomery, North Carolina 1 $ 305,000 $ 305,000 $ 225,000
Pasquotank, North Carolina 1 $ 85,000 $ 85,000 $ 34,000
Polk, North Carolina 1 $ 225,000 $ 225,000 $ 54,000
Richmond, North Carolina 1 $ 45,000 $ 45,000 $ 359,000
Robeson, North Carolina 1 $ 255,000 $ 255,000 $ 100,000
Rutherford, North Carolina 1 $ 75,000 $ 75,000 $ 24,000
Sampson, North Carolina 1 $ 45,000 $ 45,000 $ 58,000
Stanly, North Carolina 1 $ 355,000 $ 355,000 $ 225,000
Allen, Ohio 1 $ 145,000 $ 145,000 $ 54,000
Carroll, Ohio 1 $ 315,000 $ 315,000 $ 141,000
Fayette, Ohio 1 $ 125,000 $ 125,000 $ 65,000
Guernsey, Ohio 1 $ 175,000 $ 175,000 $ 64,000
Harrison, Ohio 1 $ 185,000 $ 185,000 $ 175,000
Jackson, Ohio 1 $ 165,000 $ 165,000 $ 66,000
Pike, Ohio 1 $ 185,000 $ 185,000 $ 116,000
Portage, Ohio 1 $ 75,000 $ 75,000 $ 23,000
Preble, Ohio 1 $ 155,000 $ 155,000 $ 50,000
Ross, Ohio 1 $ 85,000 $ 85,000 $ 152,000
Seneca, Ohio 1 $ 125,000 $ 125,000 $ 34,000
Stark, Ohio 1 $ 205,000 $ 205,000 $ 70,000
Tuscarawas, Ohio 1 $ 195,000 $ 195,000 $ 104,000
Wayne, Ohio 1 $ 125,000 $ 125,000 $ 43,000
Williams, Ohio 1 $ 135,000 $ 135,000 $ 136,000
Wyandot, Ohio 1 $ 75,000 $ 75,000 $ 85,000
Adams, Pennsylvania 1 $ 245,000 $ 245,000 $ 113,000
Clearfield, Pennsylvania 1 $ 175,000 $ 175,000 $ 102,000
Dauphin, Pennsylvania 1 $ 105,000 $ 105,000 $ 31,000
Elk, Pennsylvania 1 $ 115,000 $ 115,000 $ 68,000
Franklin, Pennsylvania 1 $ 295,000 $ 295,000 $ 147,000
Lycoming, Pennsylvania 1 $ 75,000 $ 75,000 $ 54,000
McKean, Pennsylvania 1 $ 85,000 $ 85,000 $ 125,000
Philadelphia, Pennsylvania 1 $ 95,000 $ 95,000 $ 50,000
Susquehanna, Pennsylvania 1 $ 155,000 $ 155,000 $ 42,000
Newport, Rhode Island 1 $ 265,000 $ 265,000 $ 50,000
Greenville, South Carolina 1 $ 225,000 $ 225,000 $ 67,000
Greenwood, South Carolina 1 $ 205,000 $ 205,000 $ 67,000
Pickens, South Carolina 1 $ 145,000 $ 145,000 $ 47,000
Alexandria, Virginia 1 $ 345,000 $ 345,000 $ 337,000
Augusta, Virginia 1 $ 225,000 $ 225,000 $ 106,000
Chesterfield, Virginia 1 $ 135,000 $ 135,000 $ 122,000
Loudoun, Virginia 1 $ 325,000 $ 325,000 $ 71,000
Manassas, Virginia 1 $ 255,000 $ 255,000 $ 55,000
Montgomery, Virginia 1 $ 255,000 $ 255,000 $ 90,000
Richmond City, Virginia 1 $ 305,000 $ 305,000 $ 121,000
Virginia Beach, Virginia 1 $ 365,000 $ 365,000 $ 238,000

Mortgage Loan Application Detail Totals for Equity Resources Inc in 2018

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 5,549 $1,024,575,000 $184,000 $1,195,000 $82,000 $1,411,000
Cash-out Refinancing 534 $96,140,000 $180,000 $705,000 $86,000 $605,000
Refinancing 326 $66,270,000 $203,000 $725,000 $97,000 $1,675,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 5,002 $901,550,000 $180,000 $1,195,000 $84,000 $1,675,000
Black or African American 644 $124,060,000 $192,000 $675,000 $72,000 $605,000
Hispanic 324 $66,710,000 $205,000 $695,000 $73,000 $307,000
Asian 274 $61,440,000 $224,000 $725,000 $103,000 $446,000
Not Provided 126 $24,340,000 $193,000 $575,000 $92,000 $391,000
American Indian or Alaskan Native 24 $5,680,000 $236,000 $495,000 $109,000 $297,000
Native Hawaiian or Other Pacific Islander 1 $215,000 $215,000 $215,000 $55,000 $55,000
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) 3,767 $739,635,000 $196,000 $955,000 $95,000 $1,675,000
FHA-insured (Federal Housing Administration) 1,844 $293,940,000 $159,000 $675,000 $64,000 $828,000
VA-guaranteed (Veterans Administration) 513 $112,665,000 $219,000 $1,195,000 $81,000 $391,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 285 $40,745,000 $142,000 $335,000 $52,000 $101,000

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 4,681 $858,405,000 $183,000 $955,000 $82,000 $1,675,000
Application Withdrawn By Applicant 1,511 $290,615,000 $192,000 $1,195,000 $86,000 $1,000,000
Application Denied By Financial Institution 213 $36,735,000 $172,000 $845,000 $76,000 $429,000
Application Approved But Not Accepted 3 $915,000 $305,000 $445,000 $116,000 $163,000
File Closed For Incompleteness 1 $315,000 $315,000 $315,000 $257,000 $257,000
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
Not applicable 6,196 $1,150,250,000 $185,000 $1,195,000 $83,000 $1,675,000
Other 80 $15,690,000 $196,000 $845,000 $81,000 $429,000
Credit History 51 $6,715,000 $131,000 $365,000 $81,000 $267,000
Collateral 30 $4,890,000 $163,000 $415,000 $79,000 $240,000
Debt-To-Income Ratio 19 $4,095,000 $215,000 $655,000 $59,000 $250,000
Insufficient Cash (Downpayment, Closing Cost) 19 $3,235,000 $170,000 $375,000 $64,000 $259,000
Unverifiable Information 8 $1,170,000 $146,000 $325,000 $60,000 $110,000
Credit Application Incomplete 6 $940,000 $156,000 $245,000 $63,000 $78,000
Employment History 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Equity Resources Inc's 2018 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 Equity Resources 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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