Gmfs, LLC Mortgage Lending & HMDA Data, 2017

In 2017, Gmfs, LLC of Baton Rouge, LA reported 5,861 mortgage applications totaling $1.2 billion, down 56% from 2016. The average application was for $198,590, and applicants reported an average income of $105,507. 78% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Baton Rouge, LA (1,692), New Orleans-Metairie, LA (997) and Lafayette, LA (388) (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 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 5,861
Total Mortgage Loan Application Amount $1,163,936,000
Average Mortgage Loan Application Amount $198,590
Highest Mortgage Loan Application Amount $1,024,000
Average Applicant Income $105,507
Highest Applicant Income $98,544,000

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Disclosure Act (HMDA) records Gmfs, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Mortgage Loan Application Totals for Gmfs, LLC by Metropolitan Area in 2017

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 1,692 $ 341,685,000 $ 201,941 $ 85,000
New Orleans-Metairie, LA 997 $ 204,505,000 $ 205,120 $ 90,000
Lafayette, LA 388 $ 72,732,000 $ 187,453 $ 332,000
Dallas-Plano-Irving, TX 243 $ 62,355,000 $ 256,604 $ 131,000
Tallahassee, FL 180 $ 42,070,000 $ 233,722 $ 110,000
Lake Charles, LA 144 $ 25,185,000 $ 174,895 $ 83,000
Hammond, LA 137 $ 23,686,000 $ 172,890 $ 70,000
Mobile, AL 124 $ 18,906,000 $ 152,467 $ 68,000
Houma-Thibodaux, LA 122 $ 21,988,000 $ 180,229 $ 77,000
Huntsville, AL 121 $ 24,969,000 $ 206,355 $ 88,000
Fayetteville-Springdale-Rogers, AR-MO 105 $ 19,187,000 $ 182,733 $ 79,000
Birmingham-Hoover, AL 100 $ 19,588,000 $ 195,880 $ 83,000
Chicago-Naperville-Arlington Heights, IL 100 $ 25,702,000 $ 257,020 $ 108,000
Shreveport-Bossier City, LA 90 $ 16,811,000 $ 186,788 $ 82,000
Daphne-Fairhope-Foley, AL 87 $ 17,477,000 $ 200,885 $ 86,000
Alexandria, LA 86 $ 16,976,000 $ 197,395 $ 86,000
Monroe, LA 66 $ 12,342,000 $ 187,000 $ 88,000
Houston-The Woodlands-Sugar Land, TX 63 $ 13,473,000 $ 213,857 $ 109,000
Gulfport-Biloxi-Pascagoula, MS 55 $ 9,609,000 $ 174,709 $ 76,000
Macon-Bibb County, GA 47 $ 8,166,000 $ 173,744 $ 97,000
Fort Worth-Arlington, TX 41 $ 8,020,000 $ 195,609 $ 108,000
Atlanta-Sandy Springs-Roswell, GA 40 $ 7,276,000 $ 181,900 $ 83,000
Fort Smith, AR-OK 38 $ 5,370,000 $ 141,315 $ 75,000
Montgomery, AL 34 $ 5,866,000 $ 172,529 $ 72,000
Durham-Chapel Hill, NC 32 $ 8,930,000 $ 279,062 $ 93,000
Nashville-Davidson--Murfreesboro--Franklin, TN 27 $ 4,817,000 $ 178,407 $ 85,000
Jackson, MS 24 $ 6,146,000 $ 256,083 $ 104,000
Elgin, IL 21 $ 5,161,000 $ 245,761 $ 100,000
Raleigh, NC 12 $ 3,736,000 $ 311,333 $ 131,000
Gadsden, AL 11 $ 1,678,000 $ 152,545 $ 155,000
Hot Springs, AR 11 $ 2,229,000 $ 202,636 $ 108,000
Tuscaloosa, AL 11 $ 1,839,000 $ 167,181 $ 61,000
Decatur, AL 10 $ 1,526,000 $ 152,600 $ 119,000
Little Rock-North Little Rock-Conway, AR 10 $ 1,693,000 $ 169,300 $ 102,000
Austin-Round Rock, TX 8 $ 1,958,000 $ 244,750 $ 78,000
Lake County-Kenosha County, IL-WI 8 $ 916,000 $ 114,500 $ 52,000
Florence-Muscle Shoals, AL 7 $ 1,244,000 $ 177,714 $ 68,000
San Antonio-New Braunfels, TX 7 $ 1,474,000 $ 210,571 $ 116,000
Clarksville, TN-KY 6 $ 749,000 $ 124,833 $ 47,000
Dothan, AL 6 $ 1,176,000 $ 196,000 $ 89,000
Ogden-Clearfield, UT 6 $ 1,676,000 $ 279,333 $ 73,000
Sherman-Denison, TX 6 $ 1,059,000 $ 176,500 $ 88,000
Hattiesburg, MS 5 $ 674,000 $ 134,800 $ 46,000
Provo-Orem, UT 5 $ 1,055,000 $ 211,000 $ 44,000
Salt Lake City, UT 5 $ 1,500,000 $ 300,000 $ 92,000
Denver-Aurora-Lakewood, CO 4 $ 1,065,000 $ 266,250 $ 75,000
Warner Robins, GA 4 $ 949,000 $ 237,250 $ 107,000
Chattanooga, TN-GA 2 $ 464,000 $ 232,000 $ 66,000
Panama City, FL 2 $ 701,000 $ 350,500 $ 389,000
Auburn-Opelika, AL 1 $ 137,000 $ 137,000 $ 240,000
Cape Coral-Fort Myers, FL 1 $ 308,000 $ 308,000 $ 215,000
College Station-Bryan, TX 1 $ 194,000 $ 194,000 $ 281,000
Colorado Springs, CO 1 $ 275,000 $ 275,000 $ 64,000
Fort Collins, CO 1 $ 248,000 $ 248,000 $ 45,000
Gainesville, GA 1 $ 160,000 $ 160,000 $ 61,000
Greenville-Anderson-Mauldin, SC 1 $ 222,000 $ 222,000 $ 49,000
Jacksonville, FL 1 $ 116,000 $ 116,000 $ 31,000
Killeen-Temple, TX 1 $ 164,000 $ 164,000 $ 35,000
Kingsport-Bristol-Bristol, TN-VA 1 $ 188,000 $ 188,000 $ 56,000
Longview, TX 1 $ 100,000 $ 100,000 $ 56,000
Lynchburg, VA 1 $ 189,000 $ 189,000 $ 79,000
McAllen-Edinburg-Mission, TX 1 $ 124,000 $ 124,000 $ 40,000
Oklahoma City, OK 1 $ 185,000 $ 185,000 $ 63,000
Orlando-Kissimmee-Sanford, FL 1 $ 410,000 $ 410,000 $ 120,000
Pensacola-Ferry Pass-Brent, FL 1 $ 360,000 $ 360,000 $ 614,000
St. George, UT 1 $ 268,000 $ 268,000 $ 11,000
St. Louis, MO-IL 1 $ 208,000 $ 208,000 $ 73,000
Tampa-St. Petersburg-Clearwater, FL 1 $ 269,000 $ 269,000 $ 64,000
Waco, TX 1 $ 240,000 $ 240,000 $ 79,000
Winston-Salem, NC 1 $ 101,000 $ 101,000 $ 80,000

Mortgage Loan Application Detail Totals for Gmfs, LLC in 2017

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 4,621 $908,333,000 $196,000 $1,024,000 $107,000 $98,544,000
Refinancing 1,226 $252,856,000 $206,000 $770,000 $100,000 $878,000
Home Improvement 14 $2,747,000 $196,000 $360,000 $95,000 $190,000

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
White 4,664 $934,212,000 $200,000 $1,024,000 $111,000 $98,544,000
Black or African American 621 $110,929,000 $178,000 $420,000 $66,000 $492,000
Asian 215 $49,678,000 $231,000 $424,000 $116,000 $374,000
Not Provided 172 $36,037,000 $209,000 $530,000 $100,000 $557,000
Hispanic 163 $28,202,000 $173,000 $394,000 $66,000 $260,000
American Indian or Alaskan Native 14 $2,505,000 $178,000 $347,000 $90,000 $282,000
Native Hawaiian or Other Pacific Islander 12 $2,373,000 $197,000 $398,000 $71,000 $123,000
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) 3,131 $682,702,000 $218,000 $1,024,000 $140,000 $98,544,000
FHA-insured (Federal Housing Administration) 1,411 $249,836,000 $177,000 $383,000 $69,000 $250,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 962 $149,396,000 $155,000 $303,000 $50,000 $104,000
VA-guaranteed (Veterans Administration) 357 $82,002,000 $229,000 $730,000 $86,000 $279,000

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
Loan Originated 4,581 $915,864,000 $199,000 $730,000 $111,000 $98,544,000
Application Withdrawn By Applicant 1,148 $226,367,000 $197,000 $1,024,000 $86,000 $1,263,000
Application Denied By Financial Institution 132 $21,705,000 $164,000 $424,000 $56,000 $206,000
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
Credit History 50 $7,909,000 $158,000 $355,000 $57,000 $206,000
Debt-To-Income Ratio 41 $6,944,000 $169,000 $424,000 $51,000 $113,000
Other 28 $4,826,000 $172,000 $351,000 $61,000 $101,000
Collateral 6 $761,000 $126,000 $189,000 $62,000 $120,000
Employment History 4 $645,000 $161,000 $207,000 $42,000 $79,000
Insufficient Cash (Downpayment, Closing Cost) 2 $340,000 $170,000 $211,000 $50,000 $65,000
Unverifiable Information 1 $280,000 $280,000 $280,000 $130,000 $130,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Gmfs, LLC's 2017 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.
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