Gmfs, LLC Mortgage Lending & HMDA Data, 2008
In 2008, Gmfs, LLC of Baton Rouge, LA reported 4,023 mortgage applications totaling $622.1 million, down 70% from 2007. The average application was for $154,635, and applicants reported an average income of $68,469. 32% of its applications resulted in an originated loan and 18% were denied. Its largest markets were Baton Rouge, LA (940), Atlanta-Sandy Springs-Marietta, GA (381) and New Orleans-Metairie-Kenner, LA (323) (applications in parentheses).
| Mortgage Company & Address | Gmfs, LLC 7389 Florida Blvd, Ste 200-A Baton Rouge, LA 70806 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 4,023 |
| Total Mortgage Loan Application Amount | $622,100,000 |
| Average Mortgage Loan Application Amount | $154,635 |
| Highest Mortgage Loan Application Amount | $933,000 |
| Average Applicant Income | $68,469 |
| Highest Applicant Income | $1,880,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Gmfs, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Baton Rouge, LA | 940 | $ 152,446,000 | $ 162,176 | $ 85,000 |
| Atlanta-Sandy Springs-Marietta, GA | 381 | $ 65,524,000 | $ 171,979 | $ 68,000 |
| New Orleans-Metairie-Kenner, LA | 323 | $ 51,654,000 | $ 159,919 | $ 69,000 |
| Birmingham-Hoover, AL | 137 | $ 20,117,000 | $ 146,839 | $ 55,000 |
| Lafayette, LA | 98 | $ 14,934,000 | $ 152,387 | $ 80,000 |
| Houston-Sugar Land-Baytown, TX | 76 | $ 10,797,000 | $ 142,065 | $ 74,000 |
| Shreveport-Bossier City, LA | 75 | $ 9,582,000 | $ 127,760 | $ 56,000 |
| Memphis, TN-MS-AR | 73 | $ 9,838,000 | $ 134,767 | $ 63,506 |
| Little Rock-North Little Rock-Conway, AR | 63 | $ 8,302,000 | $ 131,777 | $ 62,000 |
| Mobile, AL | 63 | $ 7,976,000 | $ 126,603 | $ 49,000 |
| Dallas-Plano-Irving, TX | 47 | $ 8,230,000 | $ 175,106 | $ 96,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 46 | $ 8,941,000 | $ 194,369 | $ 86,000 |
| Lake Charles, LA | 43 | $ 5,043,000 | $ 117,279 | $ 57,000 |
| Jackson, MS | 42 | $ 5,483,000 | $ 130,547 | $ 47,000 |
| Montgomery, AL | 41 | $ 4,627,000 | $ 112,853 | $ 45,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 41 | $ 13,439,000 | $ 327,780 | $ 123,195 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 38 | $ 5,904,000 | $ 155,368 | $ 55,000 |
| Gulfport-Biloxi, MS | 35 | $ 4,852,000 | $ 138,628 | $ 50,000 |
| St. Louis, MO-IL | 33 | $ 4,487,000 | $ 135,969 | $ 57,000 |
| Oklahoma City, OK | 32 | $ 4,094,000 | $ 127,937 | $ 50,000 |
| Baltimore-Towson, MD | 27 | $ 5,977,000 | $ 221,370 | $ 64,000 |
| Houma-Bayou Cane-Thibodaux, LA | 27 | $ 4,125,000 | $ 152,777 | $ 66,000 |
| Kansas City, MO-KS | 26 | $ 3,236,000 | $ 124,461 | $ 50,000 |
| Orlando-Kissimmee, FL | 26 | $ 4,530,000 | $ 174,230 | $ 83,000 |
| Alexandria, LA | 23 | $ 3,446,000 | $ 149,826 | $ 69,000 |
| Macon, GA | 23 | $ 3,023,000 | $ 131,434 | $ 60,000 |
| Monroe, LA | 23 | $ 2,715,000 | $ 118,043 | $ 51,000 |
| Fayetteville-Springdale-Rogers, AR-MO | 22 | $ 3,473,000 | $ 157,863 | $ 67,000 |
| Richmond, VA | 22 | $ 3,834,000 | $ 174,272 | $ 53,000 |
| Tampa-St. Petersburg-Clearwater, FL | 22 | $ 3,452,000 | $ 156,909 | $ 57,000 |
| Fort Worth-Arlington, TX | 21 | $ 2,667,000 | $ 127,000 | $ 118,000 |
| Huntsville, AL | 19 | $ 3,064,000 | $ 161,263 | $ 68,000 |
| Jackson, TN | 19 | $ 2,123,000 | $ 111,736 | $ 43,000 |
| Ocala, FL | 19 | $ 2,882,000 | $ 151,684 | $ 63,000 |
| Pascagoula, MS | 18 | $ 2,826,000 | $ 157,000 | $ 82,000 |
| Knoxville, TN | 17 | $ 2,679,000 | $ 157,588 | $ 56,000 |
| Denver-Aurora, CO | 16 | $ 4,628,000 | $ 289,250 | $ 88,000 |
| San Antonio, TX | 16 | $ 1,946,000 | $ 121,625 | $ 53,000 |
| Columbus, GA-AL | 15 | $ 1,858,000 | $ 123,866 | $ 45,733 |
| Savannah, GA | 14 | $ 2,146,000 | $ 153,285 | $ 53,000 |
| Chattanooga, TN-GA | 13 | $ 1,647,000 | $ 126,692 | $ 47,692 |
| Decatur, AL | 13 | $ 1,789,000 | $ 137,615 | $ 55,000 |
| Lakeland-Winter Haven, FL | 13 | $ 2,127,000 | $ 163,615 | $ 54,000 |
| Tuscaloosa, AL | 13 | $ 1,837,000 | $ 141,307 | $ 50,000 |
| Charleston-North Charleston-Summerville, SC | 12 | $ 2,155,000 | $ 179,583 | $ 56,000 |
| Tulsa, OK | 12 | $ 1,393,000 | $ 116,083 | $ 48,000 |
| Augusta-Richmond County, GA-SC | 11 | $ 1,014,000 | $ 92,181 | $ 63,909 |
| Los Angeles-Long Beach-Glendale, CA | 11 | $ 4,169,000 | $ 379,000 | $ 99,000 |
| Austin-Round Rock, TX | 10 | $ 1,660,000 | $ 166,000 | $ 84,000 |
| Columbia, SC | 10 | $ 1,275,000 | $ 127,500 | $ 54,000 |
| Anniston-Oxford, AL | 9 | $ 1,065,000 | $ 118,333 | $ 46,000 |
| Fort Smith, AR-OK | 9 | $ 1,029,000 | $ 114,333 | $ 40,666 |
| Hattiesburg, MS | 9 | $ 1,459,000 | $ 162,111 | $ 54,000 |
| Springfield, MO | 9 | $ 1,258,000 | $ 139,777 | $ 46,000 |
| Warner Robins, GA | 9 | $ 1,144,000 | $ 127,111 | $ 52,000 |
| Gainesville, FL | 8 | $ 1,624,000 | $ 203,000 | $ 71,000 |
| Gainesville, GA | 8 | $ 1,272,000 | $ 159,000 | $ 60,000 |
| Grand Junction, CO | 8 | $ 1,611,000 | $ 201,375 | $ 61,000 |
| Greenville-Mauldin-Easley, SC | 8 | $ 1,293,000 | $ 161,625 | $ 51,000 |
| Auburn-Opelika, AL | 7 | $ 1,240,000 | $ 177,142 | $ 59,000 |
| Florence, SC | 7 | $ 870,000 | $ 124,285 | $ 38,000 |
| Greeley, CO | 7 | $ 1,122,000 | $ 160,285 | $ 52,000 |
| Miami-Miami Beach-Kendall, FL | 7 | $ 1,407,000 | $ 201,000 | $ 64,000 |
| Tallahassee, FL | 7 | $ 1,462,000 | $ 208,857 | $ 47,000 |
| Dothan, AL | 6 | $ 767,000 | $ 127,833 | $ 43,000 |
| McAllen-Edinburg-Mission, TX | 6 | $ 714,000 | $ 119,000 | $ 46,000 |
| Albany, GA | 5 | $ 662,000 | $ 132,400 | $ 49,000 |
| Athens-Clarke County, GA | 5 | $ 910,000 | $ 182,000 | $ 65,000 |
| Clarksville, TN-KY | 5 | $ 601,000 | $ 120,200 | $ 37,000 |
| Colorado Springs, CO | 5 | $ 689,000 | $ 137,800 | $ 47,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 5 | $ 900,000 | $ 180,000 | $ 60,000 |
| Jacksonville, FL | 5 | $ 1,083,000 | $ 216,600 | $ 67,000 |
| Midland, TX | 5 | $ 758,000 | $ 151,600 | $ 106,000 |
| Sumter, SC | 5 | $ 1,089,000 | $ 217,800 | $ 96,000 |
| Brunswick, GA | 4 | $ 799,000 | $ 199,750 | $ 105,000 |
| Cleveland, TN | 4 | $ 357,000 | $ 89,250 | $ 34,000 |
| Florence-Muscle Shoals, AL | 4 | $ 578,000 | $ 144,500 | $ 55,000 |
| Greensboro-High Point, NC | 4 | $ 466,000 | $ 116,500 | $ 136,000 |
| Lynchburg, VA | 4 | $ 518,000 | $ 129,500 | $ 36,000 |
| Myrtle Beach-North Myrtle Beach-Conway, SC | 4 | $ 860,000 | $ 215,000 | $ 62,000 |
| Riverside-San Bernardino-Ontario, CA | 4 | $ 1,401,000 | $ 350,250 | $ 100,000 |
| Rome, GA | 4 | $ 560,000 | $ 140,000 | $ 73,000 |
| Anderson, SC | 3 | $ 347,000 | $ 115,666 | $ 69,000 |
| Beaumont-Port Arthur, TX | 3 | $ 296,000 | $ 98,666 | $ 65,000 |
| Charlotte-Gastonia-Concord, NC-SC | 3 | $ 356,000 | $ 118,666 | $ 85,666 |
| El Paso, TX | 3 | $ 495,000 | $ 165,000 | $ 87,000 |
| Gadsden, AL | 3 | $ 267,000 | $ 89,000 | $ 57,000 |
| Johnson City, TN | 3 | $ 425,000 | $ 141,666 | $ 84,000 |
| Jonesboro, AR | 3 | $ 308,000 | $ 102,666 | $ 66,000 |
| Morristown, TN | 3 | $ 668,000 | $ 222,666 | $ 63,000 |
| Pensacola-Ferry Pass-Brent, FL | 3 | $ 696,000 | $ 232,000 | $ 96,000 |
| Pine Bluff, AR | 3 | $ 312,000 | $ 104,000 | $ 41,000 |
| Valdosta, GA | 3 | $ 444,000 | $ 148,000 | $ 62,000 |
| West Palm Beach-Boca Raton-Boynton Beach, FL | 3 | $ 662,000 | $ 220,666 | $ 60,000 |
| Abilene, TX | 2 | $ 221,000 | $ 110,500 | $ 80,000 |
| Bethesda-Frederick-Gaithersburg, MD | 2 | $ 708,000 | $ 354,000 | $ 223,000 |
| Boulder, CO | 2 | $ 371,000 | $ 185,500 | $ 102,000 |
| Bradenton-Sarasota-Venice, FL | 2 | $ 37,000 | $ 18,500 | $ 35,000 |
| Burlington, NC | 2 | $ 297,000 | $ 148,500 | $ 63,000 |
| Corpus Christi, TX | 2 | $ 246,000 | $ 123,000 | $ 79,000 |
| Dalton, GA | 2 | $ 366,000 | $ 183,000 | $ 85,000 |
| Danville, VA | 2 | $ 275,000 | $ 137,500 | $ 25,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 2 | $ 325,000 | $ 162,500 | $ 53,000 |
| Fort Walton Beach-Crestview-Destin, FL | 2 | $ 336,000 | $ 168,000 | $ 56,000 |
| Fresno, CA | 2 | $ 300,000 | $ 150,000 | $ 56,000 |
| Hinesville-Fort Stewart, GA | 2 | $ 116,000 | $ 58,000 | $ 44,000 |
| Hot Springs, AR | 2 | $ 652,000 | $ 326,000 | $ 52,000 |
| Kingsport-Bristol-Bristol, TN-VA | 2 | $ 185,000 | $ 92,500 | $ 60,500 |
| Longview, TX | 2 | $ 181,000 | $ 90,500 | $ 32,000 |
| Oakland-Fremont-Hayward, CA | 2 | $ 987,000 | $ 493,500 | $ 95,000 |
| Palm Bay-Melbourne-Titusville, FL | 2 | $ 269,000 | $ 134,500 | $ 41,000 |
| Palm Coast, FL | 2 | $ 229,000 | $ 114,500 | $ 30,000 |
| Panama City-Lynn Haven, FL | 2 | $ 401,000 | $ 200,500 | $ 35,000 |
| Port St. Lucie, FL | 2 | $ 253,000 | $ 126,500 | $ 42,000 |
| Punta Gorda, FL | 2 | $ 430,000 | $ 215,000 | $ 110,000 |
| Roanoke, VA | 2 | $ 268,000 | $ 134,000 | $ 40,000 |
| San Francisco-San Mateo-Redwood City, CA | 2 | $ 865,000 | $ 432,500 | $ 129,000 |
| Sherman-Denison, TX | 2 | $ 198,000 | $ 99,000 | $ 79,000 |
| Spartanburg, SC | 2 | $ 211,000 | $ 105,500 | $ 41,000 |
| Texarkana, Tx-Texarkana, AR | 2 | $ 266,000 | $ 133,000 | $ 55,500 |
| Tyler, TX | 2 | $ 315,000 | $ 157,500 | $ 129,000 |
| Winchester, VA-WV | 2 | $ 394,000 | $ 197,000 | $ 60,000 |
| Amarillo, TX | 1 | $ 99,000 | $ 99,000 | $ 60,000 |
| Bakersfield, CA | 1 | $ 244,000 | $ 244,000 | $ 90,000 |
| Blacksburg-Christiansburg-Radford, VA | 1 | $ 138,000 | $ 138,000 | $ 66,000 |
| Brownsville-Harlingen, TX | 1 | $ 230,000 | $ 230,000 | $ 50,000 |
| Cape Coral-Fort Myers, FL | 1 | $ 290,000 | $ 290,000 | $ 150,000 |
| Chicago-Naperville-Joliet, IL | 1 | $ 300,000 | $ 300,000 | $ 80,000 |
| Columbia, MO | 1 | $ 111,000 | $ 111,000 | $ 24,000 |
| El Centro, CA | 1 | $ 293,000 | $ 293,000 | $ 64,000 |
| Fargo, ND-MN | 1 | $ 360,000 | $ 360,000 | $ 94,000 |
| Jefferson City, MO | 1 | $ 85,000 | $ 85,000 | $ 39,000 |
| Killeen-Temple-Fort Hood, TX | 1 | $ 60,000 | $ 60,000 | $ 28,000 |
| Lubbock, TX | 1 | $ 80,000 | $ 80,000 | $ 53,000 |
| Modesto, CA | 1 | $ 111,000 | $ 111,000 | $ 30,000 |
| Pueblo, CO | 1 | $ 115,000 | $ 115,000 | $ 54,000 |
| Raleigh-Cary, NC | 1 | $ 172,000 | $ 172,000 | $ 107,000 |
| Sacramento--Arden-Arcade--Roseville, CA | 1 | $ 190,000 | $ 190,000 | $ 49,000 |
| Salisbury, MD | 1 | $ 150,000 | $ 150,000 | $ 70,000 |
| Santa Ana-Anaheim-Irvine, CA | 1 | $ 411,000 | $ 411,000 | $ 90,000 |
| Santa Barbara-Santa Maria-Goleta, CA | 1 | $ 104,000 | $ 104,000 | $ 31,000 |
| Santa Rosa-Petaluma, CA | 1 | $ 259,000 | $ 259,000 | $ 101,000 |
| St. Joseph, MO-KS | 1 | $ 65,000 | $ 65,000 | $ 38,000 |
| Stockton, CA | 1 | $ 150,000 | $ 150,000 | $ 54,000 |
| Vallejo-Fairfield, CA | 1 | $ 149,000 | $ 149,000 | $ 54,000 |
| Wilmington, DE-MD-NJ | 1 | $ 135,000 | $ 135,000 | $ 61,000 |
| Winston-Salem, NC | 1 | $ 74,000 | $ 74,000 | $ 37,000 |
Mortgage Loan Application Detail Totals for Gmfs, LLC in 2008
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 | 2,770 | $440,011,000 | $158,000 | $933,000 | $65,000 | $1,680,000 |
| Home Purchase | 1,248 | $181,016,000 | $145,000 | $864,000 | $76,000 | $1,880,000 |
| Home Improvement | 5 | $1,073,000 | $214,000 | $417,000 | $111,000 | $298,000 |
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 Provided | 2,935 | $460,381,000 | $156,000 | $933,000 | $68,000 | $1,880,000 |
| White | 630 | $99,507,000 | $157,000 | $615,000 | $78,000 | $630,000 |
| Black or African American | 402 | $53,516,000 | $133,000 | $417,000 | $55,000 | $799,000 |
| Hispanic | 46 | $6,937,000 | $150,000 | $417,000 | $81,000 | $240,000 |
| Asian | 8 | $1,326,000 | $165,000 | $216,000 | $69,000 | $126,000 |
| American Indian or Alaskan Native | 1 | $148,000 | $148,000 | $148,000 | $122,000 | $122,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $285,000 | $285,000 | $285,000 | $84,000 | $84,000 |
| 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 |
|---|---|---|---|---|---|---|
| FHA-insured (Federal Housing Administration) | 2,122 | $309,726,000 | $145,000 | $579,000 | $59,000 | $1,680,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 1,855 | $306,247,000 | $165,000 | $933,000 | $79,000 | $1,880,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 43 | $5,507,000 | $128,000 | $275,000 | $48,000 | $129,000 |
| VA-guaranteed (Veterans Administration) | 3 | $620,000 | $206,000 | $247,000 | $86,000 | $95,000 |
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 |
|---|---|---|---|---|---|---|
| Application Approved But Not Accepted | 1,939 | $300,689,000 | $155,000 | $933,000 | $68,000 | $1,500,000 |
| Loan Originated | 1,271 | $198,233,000 | $155,000 | $797,000 | $77,000 | $1,880,000 |
| Application Denied By Financial Institution | 724 | $108,803,000 | $150,000 | $694,000 | $51,000 | $200,000 |
| Application Withdrawn By Applicant | 55 | $9,419,000 | $171,000 | $659,000 | $95,000 | $1,680,000 |
| Loan Purchased By The Institution | 34 | $4,956,000 | $145,000 | $264,000 | $71,000 | $508,000 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 |
|---|---|---|---|---|---|---|
| Credit History | 557 | $80,468,000 | $144,000 | $670,000 | $51,000 | $200,000 |
| Debt-To-Income Ratio | 78 | $14,333,000 | $183,000 | $457,000 | $46,000 | $120,000 |
| Collateral | 38 | $5,383,000 | $141,000 | $299,000 | $60,000 | $192,000 |
| Other | 25 | $4,112,000 | $164,000 | $694,000 | $51,000 | $144,000 |
| Employment History | 22 | $3,968,000 | $180,000 | $462,000 | $64,000 | $132,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $539,000 | $134,000 | $190,000 | $26,000 | $40,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Gmfs, LLC's 2008 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 Gmfs, 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 Louisiana, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About