The Loan Store, Inc Mortgage Lending & HMDA Data, 2015

In 2015, The Loan Store, Inc of Tucson, AZ reported 4,760 mortgage applications totaling $1.6 billion. The average application was for $340,696, and applicants reported an average income of $127,230. 66% of its applications resulted in an originated loan and 17% were denied. Its largest markets were San Jose-Sunnyvale-Santa Clara, CA (570), Oakland-Hayward-Berkeley, CA (454) and Los Angeles-Long Beach-Glendale, CA (422) (applications in parentheses).

Mortgage Company & Address The Loan Store, Inc

Tucson, AZ 85718
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  
Total Number of Mortgage Applications 4,760
Total Mortgage Loan Application Amount $1,621,717,000
Average Mortgage Loan Application Amount $340,696
Highest Mortgage Loan Application Amount $2,500,000
Average Applicant Income $127,230
Highest Applicant Income $2,520,000

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Act (HMDA) records The Loan Store, Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for The Loan Store, Inc in 2015

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 3,664 $1,253,694,000 $342,000 $1,936,000 $127,000 $2,520,000
Home Purchase 1,096 $368,023,000 $335,000 $2,500,000 $128,000 $1,509,000
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 2,487 $820,698,000 $329,000 $2,500,000 $124,000 $2,520,000
Asian 1,341 $491,919,000 $366,000 $1,740,000 $137,000 $1,509,000
Not Provided 629 $215,512,000 $342,000 $1,920,000 $128,000 $913,000
Hispanic 226 $69,103,000 $305,000 $1,936,000 $106,000 $1,167,000
Black or African American 40 $12,184,000 $304,000 $528,000 $95,000 $195,000
Native Hawaiian or Other Pacific Islander 23 $7,640,000 $332,000 $713,000 $112,000 $307,000
American Indian or Alaskan Native 14 $4,661,000 $332,000 $625,000 $95,000 $180,000
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) 4,760 $1,621,717,000 $340,000 $2,500,000 $127,000 $2,520,000
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 3,129 $1,051,813,000 $336,000 $2,500,000 $127,000 $1,334,000
Application Withdrawn By Applicant 835 $290,208,000 $347,000 $1,936,000 $127,000 $2,520,000
Application Denied By Financial Institution 795 $279,512,000 $351,000 $1,740,000 $124,000 $1,509,000
File Closed For Incompleteness 1 $184,000 $184,000 $184,000 $89,000 $89,000
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
Other 227 $81,511,000 $359,000 $1,429,000 $146,000 $768,000
Debt-To-Income Ratio 207 $74,598,000 $360,000 $1,740,000 $94,000 $308,000
Credit Application Incomplete 110 $39,520,000 $359,000 $1,000,000 $140,000 $1,509,000
Collateral 104 $32,640,000 $313,000 $1,235,000 $126,000 $426,000
Unverifiable Information 62 $21,098,000 $340,000 $975,000 $128,000 $636,000
Credit History 28 $9,337,000 $333,000 $824,000 $124,000 $319,000
Insufficient Cash (Downpayment, Closing Cost) 27 $9,115,000 $337,000 $1,100,000 $100,000 $428,000
Employment History 5 $1,500,000 $300,000 $417,000 $62,000 $92,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into The Loan Store, Inc's 2015 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 The Loan Store, 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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