F&B Acquisition Group LLC Mortgage Lending & HMDA Data, 2018

In 2018, F&B Acquisition Group LLC of St. Louis, MO reported 1,182 mortgage applications totaling $257.0 million, down 18% from 2017. The average application was for $217,461, and applicants reported an average income of $108,868. 82% of its applications resulted in an originated loan and 1% were denied. Its largest markets were St. Louis, MO-IL (1,084), Orlando-Kissimmee-Sanford, FL (23) and Cape Coral-Fort Myers, FL (3) (applications in parentheses).

Mortgage Company & Address F&B Acquisition Group LLC
12412 Powerscourt Drive Ste. 20
St. Louis, MO 63131
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  
Total Number of Mortgage Applications 1,182
Total Mortgage Loan Application Amount $257,040,000
Average Mortgage Loan Application Amount $217,461
Highest Mortgage Loan Application Amount $1,705,000
Average Applicant Income $108,868
Highest Applicant Income $1,642,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records F&B Acquisition Group LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 F&B Acquisition Group LLC 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 996 $216,690,000 $217,000 $1,705,000 $105,000 $1,109,000
Cash-out Refinancing 104 $20,090,000 $193,000 $875,000 $119,000 $1,642,000
Refinancing 82 $20,260,000 $247,000 $1,525,000 $143,000 $972,000
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 968 $211,470,000 $218,000 $1,705,000 $110,000 $1,642,000
Not Provided 120 $27,640,000 $230,000 $1,165,000 $121,000 $1,109,000
Black or African American 36 $6,130,000 $170,000 $385,000 $84,000 $343,000
Hispanic 27 $5,905,000 $218,000 $585,000 $93,000 $155,000
Asian 21 $4,325,000 $205,000 $435,000 $83,000 $186,000
American Indian or Alaskan Native 5 $515,000 $103,000 $205,000 $99,000 $107,000
Not applicable 3 $455,000 $151,000 $265,000 $55,000 $89,000
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) 983 $222,075,000 $225,000 $1,705,000 $117,000 $1,642,000
FHA-insured (Federal Housing Administration) 154 $25,400,000 $164,000 $375,000 $64,000 $156,000
VA-guaranteed (Veterans Administration) 41 $8,775,000 $214,000 $455,000 $85,000 $210,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 4 $790,000 $197,000 $235,000 $70,000 $79,000

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 972 $216,170,000 $222,000 $1,705,000 $111,000 $1,642,000
Application Withdrawn By Applicant 186 $35,420,000 $190,000 $1,005,000 $103,000 $622,000
Application Denied By Financial Institution 16 $3,720,000 $232,000 $875,000 $87,000 $242,000
File Closed For Incompleteness 6 $1,080,000 $180,000 $385,000 $119,000 $343,000
Application Approved But Not Accepted 2 $650,000 $325,000 $365,000 $146,000 $197,000
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 1,166 $253,320,000 $217,000 $1,705,000 $109,000 $1,642,000
Debt-To-Income Ratio 5 $655,000 $131,000 $255,000 $38,000 $120,000
Other 4 $820,000 $205,000 $255,000 $108,000 $133,000
Credit History 3 $545,000 $181,000 $305,000 $76,000 $132,000
Unverifiable Information 2 $550,000 $275,000 $485,000 $77,000 $126,000
Collateral 2 $1,150,000 $575,000 $875,000 $195,000 $242,000
Credit Application Incomplete 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

Our comprehensive HMDA mortgage statistics provide invaluable insights into F&B Acquisition Group LLC'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 F&B Acquisition Group 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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