AllMortgageDetail - Mortgage Application Details

Fifth Third Mortgage Company
Mortgage Loan Application
Totals and Details
for 2014

Download the entire list of lenders located in Ohio to a Spreadsheet or Other File Type
Mortgage Company & Address Fifth Third Mortgage Company
5001 Kingsley Drive Md 1Mob2W
Cincinnati, OH 45227
Federal Regulator Consumer Financial Protection Bureau (CFPB)
Years 2014  2013  2012  2011  
Total Number of Mortgage Applications 52,790
Total Mortgage Loan Application Amount $9,945,817,000
Average Mortgage Loan Application Amount $182,234
Highest Mortgage Loan Application Amount $4,200,000
Average Applicant Income $81,141
Highest Applicant Income $9,779,000

Mortgage Loan Application Detail Totals for Fifth Third Mortgage Company in 2014

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 30,413 $5,835,970,000 $191,000 $4,200,000 $81,000 $9,779,000
Refinancing 22,052 $4,060,347,000 $184,000 $4,200,000 $85,000 $5,081,000
Home Improvement 514 $81,545,000 $158,000 $1,320,000 $83,000 $1,550,000

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 32,765 $6,093,485,000 $185,000 $4,200,000 $92,000 $9,779,000
Not Provided 7,355 $1,754,918,000 $238,000 $4,200,000 $119,000 $7,097,000
Not applicable 6,541 $966,835,000 $147,000 $2,500,000 $0 $0
Hispanic 2,358 $368,244,000 $156,000 $2,653,000 $65,000 $2,400,000
Black or African American 2,207 $312,117,000 $141,000 $1,580,000 $62,000 $1,224,000
Asian 1,606 $450,671,000 $280,000 $3,000,000 $111,000 $2,325,000
Native Hawaiin or Other Pacific Islander 85 $20,186,000 $237,000 $1,500,000 $130,000 $1,000,000
American Indian or Alaskan Native 62 $11,406,000 $183,000 $720,000 $68,000 $350,000

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) 40,841 $8,420,685,000 $206,000 $4,200,000 $94,000 $9,779,000
FHA-insured (Federal Housing Administration) 8,763 $1,041,153,000 $118,000 $897,000 $44,000 $3,602,000
VA-guaranteed (Veterans Administration) 2,433 $410,778,000 $168,000 $945,000 $56,000 $678,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 942 $105,246,000 $111,000 $281,000 $31,000 $357,000

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 26,977 $5,165,270,000 $191,000 $4,200,000 $103,000 $9,779,000
Loan Purchased By The Institution 9,426 $1,696,522,000 $179,000 $2,500,000 $0 $0
Application Denied By Financial Institution 6,519 $1,175,806,000 $180,000 $3,862,000 $87,000 $3,940,000
Application Withdrawn By Applicant 5,789 $1,052,322,000 $181,000 $3,300,000 $98,000 $4,377,000
Application Approved But Not Accepted 3,145 $634,321,000 $201,000 $3,170,000 $108,000 $2,870,000
File Closed For Incompleteness 958 $228,524,000 $238,000 $4,200,000 $125,000 $7,097,000
Preapproval Denied by Financial Institution 165 $25,097,000 $152,000 $2,000,000 $68,000 $1,049,000
Preapproval Approved but not Accepted 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
Collateral 2,036 $363,640,000 $178,000 $2,800,000 $102,000 $2,959,000
Debt-To-Income Ratio 2,005 $389,929,000 $194,000 $3,862,000 $62,000 $2,400,000
Credit History 1,115 $171,863,000 $154,000 $2,400,000 $79,000 $1,944,000
Credit Application Incomplete 588 $108,844,000 $185,000 $1,938,000 $108,000 $3,940,000
Other 339 $53,234,000 $157,000 $1,160,000 $106,000 $1,908,000
Unverifiable Information 253 $54,084,000 $213,000 $2,100,000 $119,000 $3,602,000
Insufficient Cash (Downpayment, Closing Cost) 236 $41,809,000 $177,000 $2,000,000 $97,000 $1,049,000
Employment History 112 $17,500,000 $156,000 $994,000 $58,000 $384,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0