Firstkey Lending, LLC Mortgage Lending & HMDA Data, 2014

In 2014, Firstkey Lending, LLC of Rye Brook, NY reported 57 mortgage applications totaling $263.8 million. The average application was for $4,627,964, and applicants reported an average income of $0. 16% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Phoenix-Mesa-Scottsdale, AZ (7), Atlanta-Sandy Springs-Roswell, GA (4) and Dallas-Plano-Irving, TX (4) (applications in parentheses).

Mortgage Company & Address Firstkey Lending, LLC
4 International Drive
Rye Brook, NY 10573
Tel #: available with data download
Federal Regulator * available with data download
Years 2015  2014  
Total Number of Mortgage Applications 57
Total Mortgage Loan Application Amount $263,794,000
Average Mortgage Loan Application Amount $4,627,964
Highest Mortgage Loan Application Amount $65,000,000
Average Applicant Income $0
Highest Applicant Income $0

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(HMDA) records Firstkey Lending, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Firstkey Lending, LLC by Metropolitan Area in 2014

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Phoenix-Mesa-Scottsdale, AZ 7 $ 26,665,000 $ 3,809,285 $ 0
Atlanta-Sandy Springs-Roswell, GA 4 $ 3,980,000 $ 995,000 $ 0
Dallas-Plano-Irving, TX 4 $ 70,010,000 $ 17,502,500 $ 0
Kansas City, MO-KS 4 $ 7,375,000 $ 1,843,750 $ 0
Bakersfield, CA 3 $ 3,750,000 $ 1,250,000 $ 0
Birmingham-Hoover, AL 2 $ 10,200,000 $ 5,100,000 $ 0
Houston-The Woodlands-Sugar Land, TX 2 $ 3,600,000 $ 1,800,000 $ 0
Memphis, TN-MS-AR 2 $ 21,950,000 $ 10,975,000 $ 0
Miami-Miami Beach-Kendall, FL 2 $ 2,750,000 $ 1,375,000 $ 0
New York-Jersey City-White Plains, NY-NJ 2 $ 5,878,000 $ 2,939,000 $ 0
Pittsburgh, PA 2 $ 3,301,000 $ 1,650,500 $ 0
Providence-Warwick, RI-MA 2 $ 4,870,000 $ 2,435,000 $ 0
Cambridge-Newton-Framingham, MA 1 $ 11,000,000 $ 11,000,000 $ 0
Chicago-Naperville-Arlington Heights, IL 1 $ 3,400,000 $ 3,400,000 $ 0
Cleveland-Elyria, OH 1 $ 1,500,000 $ 1,500,000 $ 0
Eau Claire, WI 1 $ 8,925,000 $ 8,925,000 $ 0
Fort Collins, CO 1 $ 2,225,000 $ 2,225,000 $ 0
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 1 $ 1,050,000 $ 1,050,000 $ 0
Jacksonville, FL 1 $ 7,000,000 $ 7,000,000 $ 0
Lakeland-Winter Haven, FL 1 $ 2,400,000 $ 2,400,000 $ 0
Los Angeles-Long Beach-Glendale, CA 1 $ 9,750,000 $ 9,750,000 $ 0
Oklahoma City, OK 1 $ 2,400,000 $ 2,400,000 $ 0
Pensacola-Ferry Pass-Brent, FL 1 $ 5,400,000 $ 5,400,000 $ 0
Riverside-San Bernardino-Ontario, CA 1 $ 5,000,000 $ 5,000,000 $ 0
Rockingham County-Strafford County, NH 1 $ 3,525,000 $ 3,525,000 $ 0
San Diego-Carlsbad, CA 1 $ 10,000,000 $ 10,000,000 $ 0
Sierra Vista-Douglas, AZ 1 $ 10,500,000 $ 10,500,000 $ 0
Stockton-Lodi, CA 1 $ 1,200,000 $ 1,200,000 $ 0
Tampa-St. Petersburg-Clearwater, FL 1 $ 1,000,000 $ 1,000,000 $ 0
Warren-Troy-Farmington Hills, MI 1 $ 1,450,000 $ 1,450,000 $ 0
West Palm Beach-Boca Raton-Delray Beach, FL 1 $ 1,540,000 $ 1,540,000 $ 0

Mortgage Loan Application Detail Totals for Firstkey Lending, LLC 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 50 $240,554,000 $4,811,000 $65,000,000 $0 $0
Refinancing 7 $23,240,000 $3,320,000 $9,750,000 $0 $0
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
Not applicable 57 $263,794,000 $4,627,000 $65,000,000 $0 $0
Not Provided 0 $0 $0 $0 $0 $0
White 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 0 $0 $0 $0 $0 $0
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) 57 $263,794,000 $4,627,000 $65,000,000 $0 $0
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
Application Withdrawn By Applicant 42 $215,705,000 $5,135,000 $65,000,000 $0 $0
Loan Originated 9 $26,549,000 $2,949,000 $9,750,000 $0 $0
Application Denied By Financial Institution 6 $21,540,000 $3,590,000 $10,500,000 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Firstkey Lending, LLC's 2014 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 Firstkey Lending, 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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