Gmac Mortgage, LLC Mortgage Lending & HMDA Data, 2013

In 2013, Gmac Mortgage, LLC of Ft. Washington, PA reported 742 mortgage applications totaling $126.1 million, down 99% from 2012. The average application was for $169,920, and applicants reported an average income of $22,640. 1% of its applications resulted in an originated loan and 13% were denied. Its largest markets were Las Vegas-Paradise, NV (36), Columbus, OH (35) and Cleveland-Elyria-Mentor, OH (29) (applications in parentheses).

Mortgage Company & Address Gmac Mortgage, LLC
1100 Virginia Drive
Ft. Washington, PA 19034
Tel #: available with data download
Federal Regulator * available with data download
Years 2013  2012  2011  
Total Number of Mortgage Applications 742
Total Mortgage Loan Application Amount $126,081,000
Average Mortgage Loan Application Amount $169,920
Highest Mortgage Loan Application Amount $646,000
Average Applicant Income $22,640
Highest Applicant Income $500,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Gmac Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Gmac Mortgage, LLC by Metropolitan Area in 2013

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Las Vegas-Paradise, NV 36 $ 6,046,000 $ 167,944 $ 94,000
Columbus, OH 35 $ 4,493,000 $ 128,371 $ 89,000
Cleveland-Elyria-Mentor, OH 29 $ 4,221,000 $ 145,551 $ 63,000
Cincinnati-Middletown, OH-KY-IN 24 $ 3,043,000 $ 126,791 $ 62,291
Reno-Sparks, NV 20 $ 3,608,000 $ 180,400 $ 73,000
Riverside-San Bernardino-Ontario, CA 18 $ 4,374,000 $ 243,000 $ 2,000
Atlanta-Sandy Springs-Marietta, GA 16 $ 2,753,000 $ 172,062 $ 3,000
Baltimore-Towson, MD 14 $ 3,164,000 $ 226,000 $ 0
Phoenix-Mesa-Glendale, AZ 14 $ 2,281,000 $ 162,928 $ 0
St. Louis, MO-IL 14 $ 2,213,000 $ 158,071 $ 0
Chicago-Joliet-Naperville, IL 12 $ 2,293,000 $ 191,083 $ 5,000
Houston-Sugar Land-Baytown, TX 12 $ 1,445,000 $ 120,416 $ 4,000
Indianapolis-Carmel, IN 12 $ 1,386,000 $ 115,500 $ 0
Dayton, OH 10 $ 969,000 $ 96,900 $ 53,000
Los Angeles-Long Beach-Glendale, CA 10 $ 2,654,000 $ 265,400 $ 0
New York-White Plains-Wayne, NY-NJ 10 $ 3,798,000 $ 379,800 $ 0
Philadelphia, PA 9 $ 1,353,000 $ 150,333 $ 0
Washington-Arlington-Alexandria, DC-VA-MD-WV 9 $ 3,077,000 $ 341,888 $ 7,777
Boston-Quincy, MA 7 $ 1,917,000 $ 273,857 $ 0
Camden, NJ 7 $ 1,580,000 $ 225,714 $ 0
Kansas City, MO-KS 7 $ 887,000 $ 126,714 $ 0
Miami-Miami Beach-Kendall, FL 7 $ 1,132,000 $ 161,714 $ 0
Austin-Round Rock-San Marcos, TX 6 $ 775,000 $ 129,166 $ 0
Charlotte-Gastonia-Rock Hill, NC-SC 6 $ 956,000 $ 159,333 $ 0
Dallas-Plano-Irving, TX 6 $ 712,000 $ 118,666 $ 0
Tacoma, WA 6 $ 1,374,000 $ 229,000 $ 0
Wilmington, DE-MD-NJ 6 $ 1,161,000 $ 193,500 $ 22,000
Youngstown-Warren-Boardman, OH-PA 6 $ 784,000 $ 130,666 $ 62,000
Allentown-Bethlehem-Easton, PA-NJ 5 $ 824,000 $ 164,800 $ 0
Mansfield, OH 5 $ 1,056,000 $ 211,200 $ 52,000
Oakland-Fremont-Hayward, CA 5 $ 1,165,000 $ 233,000 $ 8,000
Peabody, MA 5 $ 1,069,000 $ 213,800 $ 0
Portland-Vancouver-Hillsboro, OR-WA 5 $ 1,253,000 $ 250,600 $ 0
Providence-New Bedford-Fall River, RI-MA 5 $ 914,000 $ 182,800 $ 0
Richmond, VA 5 $ 663,000 $ 132,600 $ 0
Tucson, AZ 5 $ 726,000 $ 145,200 $ 0
Akron, OH 4 $ 704,000 $ 176,000 $ 53,000
Bakersfield-Delano, CA 4 $ 752,000 $ 188,000 $ 0
Baton Rouge, LA 4 $ 608,000 $ 152,000 $ 0
Colorado Springs, CO 4 $ 613,000 $ 153,250 $ 0
Columbia, SC 4 $ 525,000 $ 131,250 $ 0
Edison-New Brunswick, NJ 4 $ 1,213,000 $ 303,250 $ 0
Lake County-Kenosha County, IL-WI 4 $ 893,000 $ 223,250 $ 0
Louisville/Jefferson County, KY-IN 4 $ 766,000 $ 191,500 $ 0
Oklahoma City, OK 4 $ 442,000 $ 110,500 $ 0
Orlando-Kissimmee-Sanford, FL 4 $ 552,000 $ 138,000 $ 0
Raleigh-Cary, NC 4 $ 591,000 $ 147,750 $ 0
Seattle-Bellevue-Everett, WA 4 $ 898,000 $ 224,500 $ 0
Tampa-St. Petersburg-Clearwater, FL 4 $ 569,000 $ 142,250 $ 0
Toledo, OH 4 $ 532,000 $ 133,000 $ 32,000
Virginia Beach-Norfolk-Newport News, VA-NC 4 $ 920,000 $ 230,000 $ 0
Bethesda-Rockville-Frederick, MD 3 $ 1,022,000 $ 340,666 $ 0
Canton-Massillon, OH 3 $ 406,000 $ 135,333 $ 85,000
Detroit-Livonia-Dearborn, MI 3 $ 277,000 $ 92,333 $ 0
Fort Worth-Arlington, TX 3 $ 494,000 $ 164,666 $ 3,000
Gary, IN 3 $ 426,000 $ 142,000 $ 0
Hartford-West Hartford-East Hartford, CT 3 $ 408,000 $ 136,000 $ 0
Memphis, TN-MS-AR 3 $ 415,000 $ 138,333 $ 13,333
Minneapolis-St. Paul-Bloomington, MN-WI 3 $ 562,000 $ 187,333 $ 0
Nassau-Suffolk, NY 3 $ 961,000 $ 320,333 $ 0
New Orleans-Metairie-Kenner, LA 3 $ 429,000 $ 143,000 $ 19,000
Palm Bay-Melbourne-Titusville, FL 3 $ 485,000 $ 161,666 $ 45,000
Reading, PA 3 $ 501,000 $ 167,000 $ 0
Saginaw-Saginaw Township North, MI 3 $ 232,000 $ 77,333 $ 17,000
Salt Lake City, UT 3 $ 573,000 $ 191,000 $ 0
San Antonio-New Braunfels, TX 3 $ 620,000 $ 206,666 $ 0
San Francisco-San Mateo-Redwood City, CA 3 $ 1,292,000 $ 430,666 $ 47,000
Scranton--Wilkes-Barre, PA 3 $ 554,000 $ 184,666 $ 0
Springfield, MA 3 $ 594,000 $ 198,000 $ 0
Stockton, CA 3 $ 579,000 $ 193,000 $ 6,000
Tulsa, OK 3 $ 380,000 $ 126,666 $ 0
York-Hanover, PA 3 $ 370,000 $ 123,333 $ 0
Yuma, AZ 3 $ 388,000 $ 129,333 $ 0
Asheville, NC 2 $ 197,000 $ 98,500 $ 34,000
Atlantic City-Hammonton, NJ 2 $ 379,000 $ 189,500 $ 0
Birmingham-Hoover, AL 2 $ 211,000 $ 105,500 $ 0
Carson City, NV 2 $ 534,000 $ 267,000 $ 159,000
Denver-Aurora-Broomfield, CO 2 $ 389,000 $ 194,500 $ 0
Des Moines-West Des Moines, IA 2 $ 201,000 $ 100,500 $ 0
Dover, DE 2 $ 542,000 $ 271,000 $ 0
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 2 $ 296,000 $ 148,000 $ 0
Grand Junction, CO 2 $ 448,000 $ 224,000 $ 0
Grand Rapids-Wyoming, MI 2 $ 250,000 $ 125,000 $ 0
Greeley, CO 2 $ 225,000 $ 112,500 $ 0
Harrisburg-Carlisle, PA 2 $ 260,000 $ 130,000 $ 0
Jacksonville, FL 2 $ 294,000 $ 147,000 $ 0
Lancaster, PA 2 $ 333,000 $ 166,500 $ 0
Lansing-East Lansing, MI 2 $ 184,000 $ 92,000 $ 0
Manchester-Nashua, NH 2 $ 462,000 $ 231,000 $ 0
New Haven-Milford, CT 2 $ 256,000 $ 128,000 $ 0
Newark-Union, NJ-PA 2 $ 763,000 $ 381,500 $ 0
North Port-Bradenton-Sarasota, FL 2 $ 363,000 $ 181,500 $ 0
Norwich-New London, CT 2 $ 348,000 $ 174,000 $ 0
Sacramento--Arden-Arcade--Roseville, CA 2 $ 522,000 $ 261,000 $ 0
Savannah, GA 2 $ 308,000 $ 154,000 $ 0
South Bend-Mishawaka, IN-MI 2 $ 155,000 $ 77,500 $ 0
Tallahassee, FL 2 $ 216,000 $ 108,000 $ 31,000
Vineland-Millville-Bridgeton, NJ 2 $ 332,000 $ 166,000 $ 0
Visalia-Porterville, CA 2 $ 412,000 $ 206,000 $ 33,000
Wenatchee-East Wenatchee, WA 2 $ 571,000 $ 285,500 $ 0
Winston-Salem, NC 2 $ 242,000 $ 121,000 $ 0
Worcester, MA 2 $ 443,000 $ 221,500 $ 22,000
Albany-Schenectady-Troy, NY 1 $ 130,000 $ 130,000 $ 0
Albuquerque, NM 1 $ 126,000 $ 126,000 $ 0
Anchorage, AK 1 $ 290,000 $ 290,000 $ 0
Anderson, IN 1 $ 108,000 $ 108,000 $ 0
Appleton, WI 1 $ 103,000 $ 103,000 $ 0
Auburn-Opelika, AL 1 $ 135,000 $ 135,000 $ 0
Bangor, ME 1 $ 195,000 $ 195,000 $ 0
Bay City, MI 1 $ 59,000 $ 59,000 $ 40,000
Bellingham, WA 1 $ 220,000 $ 220,000 $ 0
Binghamton, NY 1 $ 216,000 $ 216,000 $ 0
Boise City-Nampa, ID 1 $ 206,000 $ 206,000 $ 0
Boulder, CO 1 $ 215,000 $ 215,000 $ 0
Bridgeport-Stamford-Norwalk, CT 1 $ 198,000 $ 198,000 $ 0
Buffalo-Niagara Falls, NY 1 $ 111,000 $ 111,000 $ 0
Cambridge-Newton-Framingham, MA 1 $ 120,000 $ 120,000 $ 0
Charleston-North Charleston-Summerville, SC 1 $ 201,000 $ 201,000 $ 0
Chattanooga, TN-GA 1 $ 78,000 $ 78,000 $ 0
Clarksville, TN-KY 1 $ 114,000 $ 114,000 $ 0
Coeur D'Alene, ID 1 $ 180,000 $ 180,000 $ 0
Corpus Christi, TX 1 $ 199,000 $ 199,000 $ 0
Crestview-Fort Walton Beach-Destin, FL 1 $ 190,000 $ 190,000 $ 0
Danville, VA 1 $ 39,000 $ 39,000 $ 0
Durham-Chapel Hill, NC 1 $ 106,000 $ 106,000 $ 0
Elkhart-Goshen, IN 1 $ 141,000 $ 141,000 $ 0
Fairbanks, AK 1 $ 253,000 $ 253,000 $ 0
Farmington, NM 1 $ 72,000 $ 72,000 $ 31,000
Flint, MI 1 $ 81,000 $ 81,000 $ 0
Fond Du Lac, WI 1 $ 162,000 $ 162,000 $ 0
Fort Collins-Loveland, CO 1 $ 185,000 $ 185,000 $ 0
Fresno, CA 1 $ 35,000 $ 35,000 $ 16,000
Goldsboro, NC 1 $ 123,000 $ 123,000 $ 0
Green Bay, WI 1 $ 111,000 $ 111,000 $ 0
Greenville-Mauldin-Easley, SC 1 $ 263,000 $ 263,000 $ 0
Gulfport-Biloxi, MS 1 $ 127,000 $ 127,000 $ 0
Hickory-Lenoir-Morganton, NC 1 $ 105,000 $ 105,000 $ 0
Hinesville-Fort Stewart, GA 1 $ 144,000 $ 144,000 $ 0
Holland-Grand Haven, MI 1 $ 139,000 $ 139,000 $ 0
Houma-Bayou Cane-Thibodaux, LA 1 $ 133,000 $ 133,000 $ 0
Idaho Falls, ID 1 $ 133,000 $ 133,000 $ 0
Jackson, MS 1 $ 125,000 $ 125,000 $ 0
Johnson City, TN 1 $ 116,000 $ 116,000 $ 0
Killeen-Temple-Fort Hood, TX 1 $ 95,000 $ 95,000 $ 0
Lafayette, IN 1 $ 122,000 $ 122,000 $ 0
Lawton, OK 1 $ 138,000 $ 138,000 $ 0
Milwaukee-Waukesha-West Allis, WI 1 $ 142,000 $ 142,000 $ 69,000
Modesto, CA 1 $ 153,000 $ 153,000 $ 89,000
Monroe, MI 1 $ 159,000 $ 159,000 $ 0
Montgomery, AL 1 $ 67,000 $ 67,000 $ 0
Mount Vernon-Anacortes, WA 1 $ 216,000 $ 216,000 $ 0
Myrtle Beach-North Myrtle Beach-Conway, SC 1 $ 97,000 $ 97,000 $ 0
Nashville-Davidson--Murfreesboro--Franklin, TN 1 $ 104,000 $ 104,000 $ 0
Omaha-Council Bluffs, NE-IA 1 $ 115,000 $ 115,000 $ 0
Pensacola-Ferry Pass-Brent, FL 1 $ 134,000 $ 134,000 $ 0
Pittsburgh, PA 1 $ 71,000 $ 71,000 $ 0
Pocatello, ID 1 $ 135,000 $ 135,000 $ 0
Provo-Orem, UT 1 $ 169,000 $ 169,000 $ 0
Racine, WI 1 $ 115,000 $ 115,000 $ 0
Rochester, NY 1 $ 134,000 $ 134,000 $ 0
Rockford, IL 1 $ 65,000 $ 65,000 $ 0
Salem, OR 1 $ 193,000 $ 193,000 $ 0
Salisbury, MD 1 $ 114,000 $ 114,000 $ 0
San Diego-Carlsbad-San Marcos, CA 1 $ 207,000 $ 207,000 $ 0
Sandusky, OH 1 $ 52,000 $ 52,000 $ 65,000
Santa Ana-Anaheim-Irvine, CA 1 $ 646,000 $ 646,000 $ 0
Santa Rosa-Petaluma, CA 1 $ 381,000 $ 381,000 $ 0
Sherman-Denison, TX 1 $ 63,000 $ 63,000 $ 63,000
Spokane, WA 1 $ 140,000 $ 140,000 $ 0
Springfield, OH 1 $ 83,000 $ 83,000 $ 8,000
St. Cloud, MN 1 $ 151,000 $ 151,000 $ 0
Trenton-Ewing, NJ 1 $ 157,000 $ 157,000 $ 0
Warren-Troy-Farmington Hills, MI 1 $ 196,000 $ 196,000 $ 0
Waterloo-Cedar Falls, IA 1 $ 111,000 $ 111,000 $ 0
West Palm Beach-Boca Raton-Boynton Beach, FL 1 $ 173,000 $ 173,000 $ 0
Wichita, KS 1 $ 116,000 $ 116,000 $ 0
Wilmington, NC 1 $ 136,000 $ 136,000 $ 0
Yakima, WA 1 $ 85,000 $ 85,000 $ 0

Mortgage Loan Application Detail Totals for Gmac Mortgage, LLC in 2013

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
Refinancing 455 $79,089,000 $173,000 $646,000 $33,000 $500,000
Home Purchase 286 $46,916,000 $164,000 $616,000 $6,000 $136,000
Home Improvement 1 $76,000 $76,000 $76,000 $68,000 $68,000

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
Not applicable 528 $94,791,000 $179,000 $646,000 $0 $0
White 174 $25,376,000 $145,000 $471,000 $79,000 $500,000
Hispanic 13 $1,530,000 $117,000 $258,000 $40,000 $89,000
Black or African American 10 $1,338,000 $133,000 $242,000 $77,000 $180,000
Not Provided 10 $1,597,000 $159,000 $438,000 $91,000 $217,000
Asian 6 $1,289,000 $214,000 $263,000 $146,000 $396,000
American Indian or Alaskan Native 1 $160,000 $160,000 $160,000 $16,000 $16,000
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
FHA-insured (Federal Housing Administration) 483 $84,987,000 $175,000 $646,000 $1,000 $136,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 203 $30,306,000 $149,000 $471,000 $79,000 $500,000
VA-guaranteed (Veterans Administration) 56 $10,788,000 $192,000 $413,000 $4,000 $63,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 Purchased By The Institution 528 $94,791,000 $179,000 $646,000 $0 $0
Application Denied By Financial Institution 97 $13,600,000 $140,000 $471,000 $75,000 $275,000
File Closed For Incompleteness 62 $10,106,000 $163,000 $417,000 $82,000 $500,000
Application Withdrawn By Applicant 24 $3,368,000 $140,000 $263,000 $94,000 $217,000
Application Approved But Not Accepted 22 $3,226,000 $146,000 $229,000 $79,000 $396,000
Loan Originated 9 $990,000 $110,000 $233,000 $56,000 $89,000
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 27 $3,918,000 $145,000 $287,000 $85,000 $208,000
Unverifiable Information 21 $2,412,000 $114,000 $238,000 $85,000 $275,000
Credit History 20 $3,008,000 $150,000 $471,000 $65,000 $235,000
Debt-To-Income Ratio 18 $2,865,000 $159,000 $438,000 $44,000 $85,000
Collateral 7 $654,000 $93,000 $226,000 $109,000 $238,000
Insufficient Cash (Downpayment, Closing Cost) 3 $645,000 $215,000 $296,000 $92,000 $158,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Gmac Mortgage, LLC's 2013 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 Gmac Mortgage, 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.
For a list of all lenders in Pennsylvania, download the full spreadsheet with aggregated HMDA statistics today.

Download the Pennsylvania Lender List