Pivot Financial Partners, Inc Mortgage Lending & HMDA Data, 2018

In 2018, Pivot Financial Partners, Inc of Littleton, CO reported 520 mortgage applications totaling $114.1 million, up 6% from 2017. The average application was for $219,461, and applicants reported an average income of $100,303. 86% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Denver-Aurora-Lakewood, CO (193), Wichita, KS (41) and Phoenix-Mesa-Scottsdale, AZ (34) (applications in parentheses).

Mortgage Company & Address Pivot Financial Partners, Inc
5935 S Zang St., Ste 220
Littleton, CO 80120
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2014  2013  2012  2011  
Total Number of Mortgage Applications 520
Total Mortgage Loan Application Amount $114,120,000
Average Mortgage Loan Application Amount $219,461
Highest Mortgage Loan Application Amount $1,365,000
Average Applicant Income $100,303
Highest Applicant Income $2,922,000

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records Pivot Financial Partners, Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Denver-Aurora-Lakewood, CO 193 $ 62,805,000 $ 325,414 $ 141,000
Outside any metro area 146 $ 20,800,000 $ 142,465 $ 72,363
Wichita, KS 41 $ 4,205,000 $ 102,560 $ 80,000
Phoenix-Mesa-Scottsdale, AZ 34 $ 7,450,000 $ 219,117 $ 69,000
Pueblo, CO 23 $ 3,135,000 $ 136,304 $ 59,000
Lincoln, NE 19 $ 3,235,000 $ 170,263 $ 74,000
Omaha-Council Bluffs, NE-IA 17 $ 3,725,000 $ 219,117 $ 89,411
Kansas City, MO-KS 14 $ 1,440,000 $ 102,857 $ 87,428
Colorado Springs, CO 7 $ 1,065,000 $ 152,142 $ 42,000
Greeley, CO 5 $ 1,205,000 $ 241,000 $ 68,000
Topeka, KS 4 $ 350,000 $ 87,500 $ 83,000
Boulder, CO 3 $ 995,000 $ 331,666 $ 209,000
Cheyenne, WY 2 $ 680,000 $ 340,000 $ 120,000
Fort Collins, CO 2 $ 500,000 $ 250,000 $ 111,000
Chattanooga, TN-GA 1 $ 275,000 $ 275,000 $ 87,000
Chicago-Naperville-Arlington Heights, IL 1 $ 315,000 $ 315,000 $ 160,000
Grand Island, NE 1 $ 285,000 $ 285,000 $ 149,000
Grand Junction, CO 1 $ 155,000 $ 155,000 $ 247,000
Joplin, MO 1 $ 275,000 $ 275,000 $ 112,000
Manhattan, KS 1 $ 135,000 $ 135,000 $ 68,000
Nashville-Davidson--Murfreesboro--Franklin, TN 1 $ 325,000 $ 325,000 $ 295,000
Ogden-Clearfield, UT 1 $ 425,000 $ 425,000 $ 173,000
Peoria, IL 1 $ 125,000 $ 125,000 $ 52,000
Tucson, AZ 1 $ 215,000 $ 215,000 $ 44,000

Mortgage Loan Application Detail Totals for Pivot Financial Partners, 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 315 $73,295,000 $232,000 $1,365,000 $104,000 $2,922,000
Cash-out Refinancing 168 $33,120,000 $197,000 $955,000 $93,000 $343,000
Refinancing 37 $7,705,000 $208,000 $695,000 $102,000 $782,000
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 395 $88,135,000 $223,000 $1,365,000 $103,000 $2,922,000
Hispanic 49 $7,585,000 $154,000 $465,000 $61,000 $139,000
Not Provided 47 $10,745,000 $228,000 $705,000 $115,000 $450,000
Black or African American 14 $3,710,000 $265,000 $505,000 $91,000 $178,000
Asian 10 $2,590,000 $259,000 $475,000 $137,000 $241,000
Native Hawaiian or Other Pacific Islander 4 $1,090,000 $272,000 $345,000 $73,000 $99,000
Not applicable 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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) 424 $95,450,000 $225,000 $1,365,000 $108,000 $2,922,000
FHA-insured (Federal Housing Administration) 58 $10,270,000 $177,000 $455,000 $65,000 $173,000
VA-guaranteed (Veterans Administration) 26 $7,040,000 $270,000 $605,000 $84,000 $159,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 12 $1,360,000 $113,000 $145,000 $49,000 $66,000

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 448 $101,210,000 $225,000 $1,365,000 $103,000 $2,922,000
Application Withdrawn By Applicant 46 $8,950,000 $194,000 $615,000 $81,000 $230,000
File Closed For Incompleteness 14 $1,940,000 $138,000 $385,000 $89,000 $343,000
Application Denied By Financial Institution 7 $895,000 $127,000 $345,000 $61,000 $99,000
Application Approved But Not Accepted 5 $1,125,000 $225,000 $465,000 $121,000 $168,000
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 513 $113,225,000 $220,000 $1,365,000 $101,000 $2,922,000
Insufficient Cash (Downpayment, Closing Cost) 3 $525,000 $175,000 $345,000 $68,000 $99,000
Credit History 2 $180,000 $90,000 $145,000 $61,000 $95,000
Debt-To-Income Ratio 1 $55,000 $55,000 $55,000 $74,000 $74,000
Unverifiable Information 1 $135,000 $135,000 $135,000 $31,000 $31,000
Employment History 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Pivot Financial Partners, 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 Pivot Financial Partners, 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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