Flick Mortgage Investors Inc Mortgage Lending & HMDA Data, 2004

In 2004, Flick Mortgage Investors Inc of Miami, FL reported 1,761 mortgage applications totaling $282.0 million, down 69% from 2003. The average application was for $160,109, and applicants reported an average income of $59,407. 59% of its applications resulted in an originated loan and 14% were denied. Its largest markets were Miami-Miami Beach-Kendall, FL (300), Fort Lauderdale-Pompano Beach-Deerfield Beach, FL (69) and Greensboro-High Point, NC (57) (applications in parentheses).

Mortgage Company & Address Flick Mortgage Investors Inc
9155 S Dadeland Blvd Ste 1712
Miami, FL 33156
Tel #: available with data download
Federal Regulator * available with data download
Years 2004  2003  
Total Number of Mortgage Applications 1,761
Total Mortgage Loan Application Amount $281,952,000
Average Mortgage Loan Application Amount $160,109
Highest Mortgage Loan Application Amount $11,800,000
Average Applicant Income $59,407
Highest Applicant Income $1,212,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Flick Mortgage Investors Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Flick Mortgage Investors Inc by County in 2004

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Miami-Dade, Florida 300 $ 54,904,000 $ 183,013 $ 84,000
Broward, Florida 69 $ 13,436,000 $ 194,724 $ 90,000
Mecklenburg, North Carolina 40 $ 5,058,000 $ 126,450 $ 92,000
Wake, North Carolina 32 $ 5,701,000 $ 178,156 $ 68,000
McDowell, North Carolina 26 $ 2,019,000 $ 77,653 $ 24,000
Guilford, North Carolina 25 $ 3,011,000 $ 120,440 $ 79,000
Lee, Florida 24 $ 3,682,000 $ 153,416 $ 60,000
Palm Beach, Florida 24 $ 6,273,000 $ 261,375 $ 133,000
Buncombe, North Carolina 23 $ 2,989,000 $ 129,956 $ 79,000
Alamance, North Carolina 22 $ 2,191,000 $ 99,590 $ 65,000
Randolph, North Carolina 19 $ 3,009,000 $ 158,368 $ 56,000
Spartanburg, South Carolina 15 $ 1,474,000 $ 98,266 $ 61,000
Rockingham, North Carolina 13 $ 1,325,000 $ 101,923 $ 54,000
Greenville, South Carolina 11 $ 1,901,000 $ 172,818 $ 107,000
Hyde, North Carolina 10 $ 1,077,000 $ 107,700 $ 39,000
Gaston, North Carolina 9 $ 758,000 $ 84,222 $ 44,000
Henderson, North Carolina 9 $ 1,094,000 $ 121,555 $ 46,000
Putnam, Tennessee 9 $ 563,000 $ 62,555 $ 32,000
Durham, North Carolina 8 $ 855,000 $ 106,875 $ 42,000
Rowan, North Carolina 8 $ 1,120,000 $ 140,000 $ 68,000
New Hanover, North Carolina 7 $ 1,498,000 $ 214,000 $ 65,000
Brevard, Florida 6 $ 1,894,000 $ 315,666 $ 56,000
Manatee, Florida 6 $ 910,000 $ 151,666 $ 97,000
Monroe, Florida 6 $ 1,627,000 $ 271,166 $ 135,000
Cleveland, North Carolina 6 $ 714,000 $ 119,000 $ 64,000
Johnston, North Carolina 6 $ 711,000 $ 118,500 $ 41,000
Moore, North Carolina 6 $ 936,000 $ 156,000 $ 97,000
Collier, Florida 5 $ 585,000 $ 117,000 $ 55,000
Hillsborough, Florida 5 $ 378,000 $ 75,600 $ 95,000
Martin, Florida 5 $ 982,000 $ 196,400 $ 47,000
Worth, Georgia 5 $ 1,370,000 $ 274,000 $ 43,000
Catawba, North Carolina 5 $ 906,000 $ 181,200 $ 72,000
Haywood, Tennessee 5 $ 609,000 $ 121,800 $ 63,000
Roanoke City, Virginia 5 $ 913,000 $ 182,600 $ 69,000
Seminole, Florida 4 $ 1,832,000 $ 458,000 $ 76,000
Forsyth, North Carolina 4 $ 360,000 $ 90,000 $ 59,000
Onslow, North Carolina 4 $ 568,000 $ 142,000 $ 146,000
Pender, North Carolina 4 $ 827,000 $ 206,750 $ 125,000
Robeson, North Carolina 4 $ 278,000 $ 69,500 $ 34,000
Union, North Carolina 4 $ 511,000 $ 127,750 $ 71,000
Wilkes, North Carolina 4 $ 443,000 $ 110,750 $ 18,000
Osceola, Florida 3 $ 363,000 $ 121,000 $ 27,000
Sarasota, Florida 3 $ 1,365,000 $ 455,000 $ 75,000
Burke, North Carolina 3 $ 251,000 $ 83,666 $ 30,000
Carteret, North Carolina 3 $ 880,000 $ 293,333 $ 135,000
Granville, North Carolina 3 $ 441,000 $ 147,000 $ 49,000
Harnett, North Carolina 3 $ 314,000 $ 104,666 $ 61,000
Lincoln, North Carolina 3 $ 382,000 $ 127,333 $ 29,000
Rutherford, North Carolina 3 $ 260,000 $ 86,666 $ 36,000
York, South Carolina 3 $ 382,000 $ 127,333 $ 63,000
Shelby, Tennessee 3 $ 122,000 $ 40,666 $ 97,000
Duval, Florida 2 $ 185,000 $ 92,500 $ 70,000
Orange, Florida 2 $ 383,000 $ 191,500 $ 27,000
Polk, Florida 2 $ 248,000 $ 124,000 $ 65,000
DeKalb, Georgia 2 $ 119,000 $ 59,500 $ 76,000
Bladen, North Carolina 2 $ 177,000 $ 88,500 $ 51,000
Caswell, North Carolina 2 $ 89,000 $ 44,500 $ 15,000
Cumberland, North Carolina 2 $ 242,000 $ 121,000 $ 49,000
Dare, North Carolina 2 $ 421,000 $ 210,500 $ 81,000
Franklin, North Carolina 2 $ 209,000 $ 104,500 $ 17,000
Orange, North Carolina 2 $ 296,000 $ 148,000 $ 129,000
Polk, North Carolina 2 $ 147,000 $ 73,500 $ 32,000
Transylvania, North Carolina 2 $ 226,000 $ 113,000 $ 38,000
Charleston, South Carolina 2 $ 284,000 $ 142,000 $ 105,000
Greenwood, South Carolina 2 $ 268,000 $ 134,000 $ 99,000
Greene, Tennessee 2 $ 120,000 $ 60,000 $ 141,000
White, Tennessee 2 $ 132,000 $ 66,000 $ 68,000
Botetourt, Virginia 2 $ 517,000 $ 258,500 $ 175,000
Franklin, Virginia 2 $ 553,000 $ 276,500 $ 15,000
Montgomery, Virginia 2 $ 300,000 $ 150,000 $ 56,000
Indian River, Florida 1 $ 96,000 $ 96,000 $ 0
Pinellas, Florida 1 $ 162,000 $ 162,000 $ 0
St. Lucie, Florida 1 $ 119,000 $ 119,000 $ 179,000
Volusia, Florida 1 $ 150,000 $ 150,000 $ 72,000
Hart, Georgia 1 $ 74,000 $ 74,000 $ 0
Orleans, Louisiana 1 $ 479,000 $ 479,000 $ 192,000
Alexander, North Carolina 1 $ 87,000 $ 87,000 $ 62,000
Anson, North Carolina 1 $ 110,000 $ 110,000 $ 24,000
Brunswick, North Carolina 1 $ 73,000 $ 73,000 $ 60,000
Cabarrus, North Carolina 1 $ 149,000 $ 149,000 $ 55,000
Caldwell, North Carolina 1 $ 65,000 $ 65,000 $ 35,000
Columbus, North Carolina 1 $ 84,000 $ 84,000 $ 60,000
Davidson, North Carolina 1 $ 100,000 $ 100,000 $ 70,000
Hoke, North Carolina 1 $ 142,000 $ 142,000 $ 60,000
Iredell, North Carolina 1 $ 142,000 $ 142,000 $ 56,000
Montgomery, North Carolina 1 $ 134,000 $ 134,000 $ 74,000
Nash, North Carolina 1 $ 45,000 $ 45,000 $ 23,000
Pasquotank, North Carolina 1 $ 144,000 $ 144,000 $ 43,000
Sampson, North Carolina 1 $ 60,000 $ 60,000 $ 26,000
Scotland, North Carolina 1 $ 192,000 $ 192,000 $ 114,000
Stokes, North Carolina 1 $ 54,000 $ 54,000 $ 17,000
Wayne, North Carolina 1 $ 53,000 $ 53,000 $ 21,000
Yancey, North Carolina 1 $ 135,000 $ 135,000 $ 44,000
Abbeville, South Carolina 1 $ 160,000 $ 160,000 $ 78,000
Cherokee, South Carolina 1 $ 49,000 $ 49,000 $ 29,000
Lexington, South Carolina 1 $ 100,000 $ 100,000 $ 86,000
Richland, South Carolina 1 $ 65,000 $ 65,000 $ 24,000
Hawkins, Tennessee 1 $ 76,000 $ 76,000 $ 28,000
Overton, Tennessee 1 $ 135,000 $ 135,000 $ 0
Pickett, Tennessee 1 $ 63,000 $ 63,000 $ 53,000
Tipton, Tennessee 1 $ 130,000 $ 130,000 $ 69,000
Van Buren, Tennessee 1 $ 56,000 $ 56,000 $ 62,000
Bedford, Virginia 1 $ 154,000 $ 154,000 $ 113,000
Campbell, Virginia 1 $ 168,000 $ 168,000 $ 131,000
Chesterfield, Virginia 1 $ 139,000 $ 139,000 $ 77,000
Hanover, Virginia 1 $ 165,000 $ 165,000 $ 66,000
Loudoun, Virginia 1 $ 270,000 $ 270,000 $ 89,000
Richmond City, Virginia 1 $ 53,000 $ 53,000 $ 46,000
Salem, Virginia 1 $ 134,000 $ 134,000 $ 39,000

Mortgage Loan Application Detail Totals for Flick Mortgage Investors Inc in 2004

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 1,094 $163,432,000 $187,500 $1,725,000 $78,625 $540,000
Refinancing 667 $118,520,000 $157,000 $11,800,000 $70,500 $1,212,000
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 748 $118,787,000 $200,000 $1,725,000 $90,857 $606,000
Hispanic 456 $72,484,000 $128,750 $748,000 $42,750 $476,000
Not Provided 375 $63,593,000 $125,000 $11,800,000 $53,857 $1,212,000
Black or African American 156 $23,335,000 $126,000 $2,259,000 $49,571 $276,000
Asian 22 $3,415,000 $136,333 $440,000 $52,000 $204,000
American Indian or Alaskan Native 3 $273,000 $74,000 $130,000 $43,500 $65,000
Native Hawaiian or Other Pacific Islander 1 $65,000 $65,000 $65,000 $24,000 $24,000
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) 1,711 $276,793,000 $192,750 $11,800,000 $80,625 $1,212,000
FHA-insured (Federal Housing Administration) 50 $5,159,000 $100,500 $174,000 $26,500 $75,000
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 1,047 $164,230,000 $168,500 $1,725,000 $86,125 $606,000
Application Withdrawn By Applicant 463 $82,864,000 $205,571 $11,800,000 $55,000 $1,212,000
Application Denied By Financial Institution 248 $34,506,000 $206,833 $1,000,000 $56,666 $356,000
File Closed For Incompleteness 3 $352,000 $117,000 $173,000 $32,000 $65,000
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 111 $16,754,000 $164,750 $1,000,000 $59,250 $356,000
Credit History 86 $10,898,000 $248,166 $1,000,000 $43,000 $333,000
Debt-To-Income Ratio 18 $2,159,000 $98,500 $276,000 $26,500 $60,000
Collateral 16 $2,420,000 $196,333 $370,000 $85,333 $300,000
Unverifiable Information 11 $1,484,000 $158,000 $309,000 $35,500 $103,000
Employment History 4 $658,000 $164,000 $268,000 $54,000 $123,000
Insufficient Cash (Downpayment, Closing Cost) 2 $133,000 $66,000 $90,000 $36,000 $72,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Flick Mortgage Investors Inc's 2004 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 Flick Mortgage Investors 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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