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records Flick Mortgage Investors Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Metropolitan Area in 2004

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Miami-Miami Beach-Kendall, FL 300 $ 54,904,000 $ 183,013 $ 84,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 69 $ 13,436,000 $ 194,724 $ 90,000
Greensboro-High Point, NC 57 $ 7,345,000 $ 128,859 $ 71,000
Charlotte-Gastonia-Concord, NC-SC 55 $ 6,586,000 $ 119,745 $ 74,000
Raleigh-Cary, NC 40 $ 6,621,000 $ 165,525 $ 61,000
Asheville, NC 31 $ 3,977,000 $ 128,290 $ 62,000
Cape Coral-Fort Myers, FL 24 $ 3,682,000 $ 153,416 $ 60,000
West Palm Beach-Boca Raton-Boynton Beach, FL 24 $ 6,273,000 $ 261,375 $ 133,000
Burlington, NC 22 $ 2,191,000 $ 99,590 $ 65,000
Spartanburg, SC 15 $ 1,474,000 $ 98,266 $ 61,000
Wilmington, NC 12 $ 2,398,000 $ 199,833 $ 84,000
Greenville, SC 11 $ 1,901,000 $ 172,818 $ 107,000
Durham, NC 10 $ 1,151,000 $ 115,100 $ 71,000
Hickory-Lenoir-Morganton, NC 10 $ 1,309,000 $ 130,900 $ 53,000
Roanoke, VA 10 $ 2,117,000 $ 211,700 $ 78,000
Orlando, FL 9 $ 2,578,000 $ 286,444 $ 51,000
Sarasota-Bradenton-Venice, FL 9 $ 2,275,000 $ 252,777 $ 88,000
Palm Bay-Melbourne-Titusville, FL 6 $ 1,894,000 $ 315,666 $ 56,000
Port St. Lucie-Fort Pierce, FL 6 $ 1,101,000 $ 183,500 $ 91,000
Tampa-St. Petersburg-Clearwater, FL 6 $ 540,000 $ 90,000 $ 71,000
Albany, GA 5 $ 1,370,000 $ 274,000 $ 43,000
Naples-Marco Island, FL 5 $ 585,000 $ 117,000 $ 55,000
Winston-Salem, NC 5 $ 414,000 $ 82,800 $ 48,000
Jacksonville, NC 4 $ 568,000 $ 142,000 $ 146,000
Memphis, TN-MS-AR 4 $ 252,000 $ 63,000 $ 83,000
Fayetteville, NC 3 $ 384,000 $ 128,000 $ 53,000
Richmond, VA 3 $ 357,000 $ 119,000 $ 63,000
Atlanta-Sandy Springs-Marietta, GA 2 $ 119,000 $ 59,500 $ 76,000
Blacksburg-Christiansburg-Radford, VA 2 $ 300,000 $ 150,000 $ 56,000
Charleston-North Charleston, SC 2 $ 284,000 $ 142,000 $ 105,000
Columbia, SC 2 $ 165,000 $ 82,500 $ 55,000
Jacksonville, FL 2 $ 185,000 $ 92,500 $ 70,000
Lakeland, FL 2 $ 248,000 $ 124,000 $ 65,000
Lynchburg, VA 2 $ 322,000 $ 161,000 $ 122,000
Deltona-Daytona Beach-Ormond Beach, FL 1 $ 150,000 $ 150,000 $ 72,000
Kingsport-Bristol-Bristol, TN-VA 1 $ 76,000 $ 76,000 $ 28,000
New Orleans-Metairie-Kenner, LA 1 $ 479,000 $ 479,000 $ 192,000
Rocky Mount, NC 1 $ 45,000 $ 45,000 $ 23,000
Vero Beach, FL 1 $ 96,000 $ 96,000 $ 0

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.
For a list of all lenders in Florida, download the full spreadsheet with aggregated HMDA statistics today.

Download the Florida Lender List