Gms Funding, LLC Mortgage Lending & HMDA Data, 2007

In 2007, Gms Funding, LLC of West Columbia, SC reported 4,686 mortgage applications totaling $601.8 million. The average application was for $128,428, and applicants reported an average income of $38,340. 6% of its applications resulted in an originated loan and 42% were denied. Its largest markets were Columbia, SC (408), Birmingham-Hoover, AL (364) and Memphis, TN-MS-AR (287) (applications in parentheses).

Mortgage Company & Address Gms Funding, LLC
824 Meeting Street
West Columbia, SC 29169
Tel #: available with data download
Federal Regulator * available with data download
Years 2013  2012  2011  2010  2009  2008  2007  
Total Number of Mortgage Applications 4,686
Total Mortgage Loan Application Amount $601,816,000
Average Mortgage Loan Application Amount $128,428
Highest Mortgage Loan Application Amount $1,360,000
Average Applicant Income $38,340
Highest Applicant Income $8,860,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Gms Funding, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Gms Funding, LLC by County in 2007

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Jefferson, Alabama 271 $ 31,090,000 $ 114,723 $ 32,000
Shelby, Tennessee 253 $ 29,093,000 $ 114,992 $ 33,000
Richland, South Carolina 188 $ 23,285,000 $ 123,856 $ 81,000
Lexington, South Carolina 172 $ 23,125,000 $ 134,447 $ 44,000
Davidson, Tennessee 118 $ 15,114,000 $ 128,084 $ 28,000
Mobile, Alabama 116 $ 12,178,000 $ 104,982 $ 33,000
Charleston, South Carolina 74 $ 10,017,000 $ 135,364 $ 39,000
Greenville, South Carolina 74 $ 8,995,000 $ 121,554 $ 35,000
Wayne, Michigan 73 $ 7,160,000 $ 98,082 $ 24,000
Montgomery, Alabama 71 $ 7,160,000 $ 100,845 $ 30,000
Hamilton, Tennessee 60 $ 6,371,000 $ 106,183 $ 30,000
Horry, South Carolina 50 $ 7,995,000 $ 159,900 $ 45,000
Tuscaloosa, Alabama 47 $ 6,063,000 $ 129,000 $ 38,000
Rutherford, Tennessee 47 $ 6,610,000 $ 140,638 $ 42,000
Spartanburg, South Carolina 45 $ 4,886,000 $ 108,577 $ 38,000
Florence, South Carolina 44 $ 4,558,000 $ 103,590 $ 32,000
Shelby, Alabama 43 $ 9,288,000 $ 216,000 $ 125,000
York, South Carolina 42 $ 6,671,000 $ 158,833 $ 44,000
Madison, Alabama 41 $ 5,489,000 $ 133,878 $ 58,000
Berkeley, South Carolina 41 $ 6,423,000 $ 156,658 $ 54,000
Dorchester, South Carolina 37 $ 4,846,000 $ 130,972 $ 33,000
Montgomery, Tennessee 37 $ 4,267,000 $ 115,324 $ 52,000
Beaufort, South Carolina 33 $ 7,643,000 $ 231,606 $ 57,000
Kershaw, South Carolina 33 $ 3,998,000 $ 121,151 $ 36,000
Aiken, South Carolina 32 $ 3,850,000 $ 120,312 $ 38,000
Knox, Tennessee 31 $ 3,403,000 $ 109,774 $ 28,000
Fairfax, Virginia 31 $ 11,332,000 $ 365,548 $ 47,000
Henrico, Virginia 30 $ 5,478,000 $ 182,600 $ 42,000
Cherokee, South Carolina 29 $ 2,645,000 $ 91,206 $ 35,000
Anderson, South Carolina 27 $ 3,332,000 $ 123,407 $ 28,000
Bradley, Tennessee 25 $ 2,941,000 $ 117,640 $ 40,000
Maury, Tennessee 25 $ 2,782,000 $ 111,280 $ 31,000
Baldwin, Alabama 24 $ 4,596,000 $ 191,500 $ 53,000
Prince George's, Maryland 24 $ 7,771,000 $ 323,791 $ 70,000
Greenwood, South Carolina 24 $ 2,211,000 $ 92,125 $ 39,000
Sumter, South Carolina 24 $ 3,189,000 $ 132,875 $ 46,000
Newberry, South Carolina 22 $ 1,710,000 $ 77,727 $ 18,000
Williamsburg, South Carolina 22 $ 1,944,000 $ 88,363 $ 31,000
Sumner, Tennessee 21 $ 2,900,000 $ 138,095 $ 41,000
Chesterfield, Virginia 21 $ 3,625,000 $ 172,619 $ 46,000
Virginia Beach, Virginia 21 $ 4,639,000 $ 220,904 $ 42,000
Laurens, South Carolina 20 $ 1,979,000 $ 98,950 $ 40,000
Madison, Tennessee 20 $ 2,295,000 $ 114,750 $ 23,000
Chesapeake, Virginia 20 $ 3,897,000 $ 194,850 $ 35,000
Duval, Florida 19 $ 2,444,000 $ 128,631 $ 36,000
Bernalillo, New Mexico 19 $ 3,147,000 $ 165,631 $ 47,000
Orangeburg, South Carolina 19 $ 2,024,000 $ 106,526 $ 35,000
Lawrence, Tennessee 19 $ 1,711,000 $ 90,052 $ 22,000
Robertson, Tennessee 19 $ 1,961,000 $ 103,210 $ 32,000
Tipton, Tennessee 19 $ 2,468,000 $ 129,894 $ 43,000
St. Clair, Alabama 18 $ 2,564,000 $ 142,444 $ 58,000
Putnam, Tennessee 18 $ 1,858,000 $ 103,222 $ 39,000
Richmond City, Virginia 18 $ 2,015,000 $ 111,944 $ 29,000
Baltimore City, Maryland 17 $ 2,261,000 $ 133,000 $ 31,000
Oakland, Michigan 17 $ 3,200,000 $ 188,235 $ 30,000
Wilson, Tennessee 17 $ 2,691,000 $ 158,294 $ 38,000
Franklin, Tennessee 16 $ 1,479,000 $ 92,437 $ 31,000
Sullivan, Tennessee 16 $ 2,033,000 $ 127,062 $ 51,000
Prince William, Virginia 16 $ 4,254,000 $ 265,875 $ 57,000
Roanoke City, Virginia 16 $ 1,872,000 $ 117,000 $ 20,000
Hillsborough, Florida 15 $ 2,641,000 $ 176,066 $ 32,000
Darlington, South Carolina 15 $ 1,463,000 $ 97,533 $ 35,000
Gibson, Tennessee 15 $ 1,027,000 $ 68,466 $ 28,000
Norfolk, Virginia 15 $ 2,304,000 $ 153,600 $ 36,000
Baltimore, Maryland 14 $ 2,950,000 $ 210,714 $ 36,000
Georgetown, South Carolina 14 $ 2,073,000 $ 148,071 $ 40,000
Fayette, Tennessee 14 $ 2,053,000 $ 146,642 $ 39,000
Hawkins, Tennessee 14 $ 1,480,000 $ 105,714 $ 32,000
Spotsylvania, Virginia 13 $ 3,036,000 $ 233,538 $ 48,000
Morgan, Alabama 12 $ 1,248,000 $ 104,000 $ 49,000
Walker, Alabama 12 $ 866,000 $ 72,166 $ 35,000
Genesee, Michigan 12 $ 1,465,000 $ 122,083 $ 43,000
Kent, Michigan 12 $ 1,394,000 $ 116,166 $ 35,000
Macomb, Michigan 12 $ 1,534,000 $ 127,833 $ 32,000
Lee, South Carolina 12 $ 981,000 $ 81,750 $ 38,000
Oconee, South Carolina 12 $ 1,374,000 $ 114,500 $ 45,000
Anderson, Tennessee 12 $ 1,028,000 $ 85,666 $ 28,000
Roane, Tennessee 12 $ 1,296,000 $ 108,000 $ 124,000
Williamson, Tennessee 12 $ 2,441,000 $ 203,416 $ 60,000
Hampton, Virginia 12 $ 2,116,000 $ 176,333 $ 30,000
Portsmouth, Virginia 12 $ 1,609,000 $ 134,083 $ 24,000
Calhoun, Alabama 11 $ 1,244,000 $ 113,090 $ 46,000
Cheatham, Tennessee 11 $ 1,349,000 $ 122,636 $ 42,000
Giles, Tennessee 11 $ 1,248,000 $ 113,454 $ 40,000
Marshall, Tennessee 11 $ 1,170,000 $ 106,363 $ 36,000
Elmore, Alabama 10 $ 1,288,000 $ 128,800 $ 36,000
Lauderdale, Alabama 10 $ 934,000 $ 93,400 $ 32,000
Pinellas, Florida 10 $ 2,263,000 $ 226,300 $ 40,000
Chester, South Carolina 10 $ 1,017,000 $ 101,700 $ 32,000
Hamblen, Tennessee 10 $ 1,209,000 $ 120,900 $ 27,000
Lincoln, Tennessee 10 $ 1,357,000 $ 135,700 $ 19,000
Henry, Virginia 10 $ 913,000 $ 91,300 $ 34,000
Loudoun, Virginia 10 $ 3,426,000 $ 342,600 $ 39,000
Blount, Alabama 9 $ 1,786,000 $ 198,444 $ 42,000
Chilton, Alabama 9 $ 1,191,000 $ 132,333 $ 56,000
Dale, Alabama 9 $ 1,033,000 $ 114,777 $ 29,000
Ingham, Michigan 9 $ 937,000 $ 104,111 $ 19,000
Coffee, Tennessee 9 $ 1,094,000 $ 121,555 $ 34,000
Monroe, Tennessee 9 $ 892,000 $ 99,111 $ 30,000
Sevier, Tennessee 9 $ 1,189,000 $ 132,111 $ 28,000
Washington, Tennessee 9 $ 1,089,000 $ 121,000 $ 40,000
Suffolk, Virginia 9 $ 1,592,000 $ 176,888 $ 48,000
Chambers, Alabama 8 $ 645,000 $ 80,625 $ 28,000
DeKalb, Alabama 8 $ 820,000 $ 102,500 $ 33,000
Etowah, Alabama 8 $ 844,000 $ 105,500 $ 48,000
Houston, Alabama 8 $ 738,000 $ 92,250 $ 33,000
Lee, Alabama 8 $ 1,161,000 $ 145,125 $ 38,000
Bamberg, South Carolina 8 $ 746,000 $ 93,250 $ 32,000
Colleton, South Carolina 8 $ 942,000 $ 117,750 $ 22,000
Fairfield, South Carolina 8 $ 824,000 $ 103,000 $ 34,000
Marlboro, South Carolina 8 $ 655,000 $ 81,875 $ 33,000
Blount, Tennessee 8 $ 955,000 $ 119,375 $ 43,000
Cumberland, Tennessee 8 $ 961,000 $ 120,125 $ 27,000
Dickson, Tennessee 8 $ 976,000 $ 122,000 $ 59,000
Haywood, Tennessee 8 $ 759,000 $ 94,875 $ 41,000
Marion, Tennessee 8 $ 704,000 $ 88,000 $ 38,000
Frederick, Virginia 8 $ 1,760,000 $ 220,000 $ 20,000
Rockingham, Virginia 8 $ 898,000 $ 112,250 $ 41,000
Dallas, Alabama 7 $ 623,000 $ 89,000 $ 20,000
Pike, Alabama 7 $ 756,000 $ 108,000 $ 30,000
Tallapoosa, Alabama 7 $ 1,303,000 $ 186,142 $ 47,000
Hendricks, Indiana 7 $ 914,000 $ 130,571 $ 36,000
Lenawee, Michigan 7 $ 817,000 $ 116,714 $ 33,000
Lancaster, South Carolina 7 $ 650,000 $ 92,857 $ 18,000
Union, South Carolina 7 $ 621,000 $ 88,714 $ 33,000
Hardeman, Tennessee 7 $ 643,000 $ 91,857 $ 26,000
Hardin, Tennessee 7 $ 592,000 $ 84,571 $ 37,000
Jefferson, Tennessee 7 $ 892,000 $ 127,428 $ 31,000
Loudon, Tennessee 7 $ 928,000 $ 132,571 $ 39,000
Augusta, Virginia 7 $ 876,000 $ 125,142 $ 23,000
Carroll, Virginia 7 $ 877,000 $ 125,285 $ 28,000
Franklin, Virginia 7 $ 944,000 $ 134,857 $ 35,000
Stafford, Virginia 7 $ 2,316,000 $ 330,857 $ 58,000
Autauga, Alabama 6 $ 620,000 $ 103,333 $ 57,000
Clarke, Alabama 6 $ 586,000 $ 97,666 $ 52,000
Franklin, Alabama 6 $ 573,000 $ 95,500 $ 17,000
Limestone, Alabama 6 $ 536,000 $ 89,333 $ 18,000
Macon, Alabama 6 $ 482,000 $ 80,333 $ 17,000
Marshall, Alabama 6 $ 671,000 $ 111,833 $ 53,000
Talladega, Alabama 6 $ 828,000 $ 138,000 $ 53,000
Pasco, Florida 6 $ 652,000 $ 108,666 $ 27,000
Marion, Indiana 6 $ 1,092,000 $ 182,000 $ 30,000
Anne Arundel, Maryland 6 $ 1,482,000 $ 247,000 $ 41,000
Garrett, Maryland 6 $ 1,299,000 $ 216,500 $ 40,000
Somerset, Maryland 6 $ 779,000 $ 129,833 $ 30,000
Calhoun, Michigan 6 $ 538,000 $ 89,666 $ 35,000
Jackson, Michigan 6 $ 854,000 $ 142,333 $ 30,000
Muskegon, Michigan 6 $ 814,000 $ 135,666 $ 17,000
St. Clair, Michigan 6 $ 711,000 $ 118,500 $ 39,000
Chesterfield, South Carolina 6 $ 518,000 $ 86,333 $ 30,000
Edgefield, South Carolina 6 $ 713,000 $ 118,833 $ 32,000
Pickens, South Carolina 6 $ 706,000 $ 117,666 $ 19,000
Lauderdale, Tennessee 6 $ 565,000 $ 94,166 $ 20,000
Smith, Tennessee 6 $ 493,000 $ 82,166 $ 25,000
Warren, Tennessee 6 $ 546,000 $ 91,000 $ 25,000
Louisa, Virginia 6 $ 832,000 $ 138,666 $ 24,000
Newport News, Virginia 6 $ 749,000 $ 124,833 $ 44,000
Pittsylvania, Virginia 6 $ 634,000 $ 105,666 $ 30,000
Roanoke, Virginia 6 $ 860,000 $ 143,333 $ 28,000
Warren, Virginia 6 $ 1,241,000 $ 206,833 $ 39,000
Washington, Virginia 6 $ 641,000 $ 106,833 $ 26,000
Jackson, Alabama 5 $ 556,000 $ 111,200 $ 42,000
Lawrence, Alabama 5 $ 418,000 $ 83,600 $ 27,000
Lake, Florida 5 $ 614,000 $ 122,800 $ 10,000
Orange, Florida 5 $ 1,036,000 $ 207,200 $ 36,000
St. Lucie, Florida 5 $ 936,000 $ 187,200 $ 45,000
Charles, Maryland 5 $ 1,369,000 $ 273,800 $ 77,000
Montcalm, Michigan 5 $ 592,000 $ 118,400 $ 12,000
Calhoun, South Carolina 5 $ 369,000 $ 73,800 $ 22,000
Hampton, South Carolina 5 $ 380,000 $ 76,000 $ 29,000
Marion, South Carolina 5 $ 612,000 $ 122,400 $ 63,000
Bedford, Tennessee 5 $ 514,000 $ 102,800 $ 53,000
Henderson, Tennessee 5 $ 505,000 $ 101,000 $ 16,000
Alleghany, Virginia 5 $ 410,000 $ 82,000 $ 37,000
Botetourt, Virginia 5 $ 606,000 $ 121,200 $ 2,000
Hopewell, Virginia 5 $ 723,000 $ 144,600 $ 10,000
Isle of Wight, Virginia 5 $ 809,000 $ 161,800 $ 36,000
Montgomery, Virginia 5 $ 799,000 $ 159,800 $ 21,000
Coffee, Alabama 4 $ 504,000 $ 126,000 $ 58,000
Colbert, Alabama 4 $ 421,000 $ 105,250 $ 28,000
Cullman, Alabama 4 $ 537,000 $ 134,250 $ 53,000
Escambia, Alabama 4 $ 418,000 $ 104,500 $ 54,000
Fayette, Alabama 4 $ 332,000 $ 83,000 $ 39,000
Escambia, Florida 4 $ 530,000 $ 132,500 $ 6,000
Allegany, Maryland 4 $ 513,000 $ 128,250 $ 38,000
Harford, Maryland 4 $ 918,000 $ 229,500 $ 17,000
Howard, Maryland 4 $ 1,680,000 $ 420,000 $ 70,000
Wicomico, Maryland 4 $ 481,000 $ 120,250 $ 30,000
Livingston, Michigan 4 $ 921,000 $ 230,250 $ 45,000
Monroe, Michigan 4 $ 490,000 $ 122,500 $ 46,000
Ottawa, Michigan 4 $ 955,000 $ 238,750 $ 34,000
Van Buren, Michigan 4 $ 536,000 $ 134,000 $ 42,000
Dillon, South Carolina 4 $ 377,000 $ 94,250 $ 55,000
Carroll, Tennessee 4 $ 293,000 $ 73,250 $ 39,000
Chester, Tennessee 4 $ 520,000 $ 130,000 $ 12,000
Decatur, Tennessee 4 $ 511,000 $ 127,750 $ 51,000
Greene, Tennessee 4 $ 303,000 $ 75,750 $ 30,000
Hickman, Tennessee 4 $ 551,000 $ 137,750 $ 23,000
Macon, Tennessee 4 $ 317,000 $ 79,250 $ 33,000
McMinn, Tennessee 4 $ 522,000 $ 130,500 $ 28,000
Obion, Tennessee 4 $ 340,000 $ 85,000 $ 26,000
Rhea, Tennessee 4 $ 532,000 $ 133,000 $ 26,000
Sequatchie, Tennessee 4 $ 513,000 $ 128,250 $ 44,000
Weakley, Tennessee 4 $ 373,000 $ 93,250 $ 18,000
Bristol, Virginia 4 $ 422,000 $ 105,500 $ 6,000
Culpeper, Virginia 4 $ 955,000 $ 238,750 $ 40,000
Cumberland, Virginia 4 $ 550,000 $ 137,500 $ 12,000
Dinwiddie, Virginia 4 $ 576,000 $ 144,000 $ 39,000
Essex, Virginia 4 $ 291,000 $ 72,750 $ 24,000
Harrisonburg, Virginia 4 $ 766,000 $ 191,500 $ 12,000
Northumberland, Virginia 4 $ 532,000 $ 133,000 $ 31,000
Patrick, Virginia 4 $ 365,000 $ 91,250 $ 19,000
Smyth, Virginia 4 $ 370,000 $ 92,500 $ 29,000
Cherokee, Alabama 3 $ 283,000 $ 94,333 $ 40,000
Covington, Alabama 3 $ 289,000 $ 96,333 $ 96,000
Monroe, Alabama 3 $ 244,000 $ 81,333 $ 14,000
Winston, Alabama 3 $ 223,000 $ 74,333 $ 17,000
Broward, Florida 3 $ 1,082,000 $ 360,666 $ 23,000
Citrus, Florida 3 $ 335,000 $ 111,666 $ 24,000
Leon, Florida 3 $ 177,000 $ 59,000 $ 28,000
Miami-Dade, Florida 3 $ 603,000 $ 201,000 $ 51,000
Palm Beach, Florida 3 $ 481,000 $ 160,333 $ 27,000
Seminole, Florida 3 $ 504,000 $ 168,000 $ 39,000
Calvert, Maryland 3 $ 785,000 $ 261,666 $ 60,000
Montgomery, Maryland 3 $ 1,000,000 $ 333,333 $ 50,000
St. Mary's, Maryland 3 $ 617,000 $ 205,666 $ 96,000
Washington, Maryland 3 $ 690,000 $ 230,000 $ 20,000
Berrien, Michigan 3 $ 210,000 $ 70,000 $ 15,000
Branch, Michigan 3 $ 359,000 $ 119,666 $ 34,000
Crawford, Michigan 3 $ 322,000 $ 107,333 $ 38,000
Gratiot, Michigan 3 $ 242,000 $ 80,666 $ 40,000
Kalamazoo, Michigan 3 $ 364,000 $ 121,333 $ 25,000
Lapeer, Michigan 3 $ 603,000 $ 201,000 $ 33,000
Marquette, Michigan 3 $ 326,000 $ 108,666 $ 19,000
Oscoda, Michigan 3 $ 366,000 $ 122,000 $ 15,000
Saginaw, Michigan 3 $ 321,000 $ 107,000 $ 13,000
Curry, New Mexico 3 $ 332,000 $ 110,666 $ 47,000
Otero, New Mexico 3 $ 256,000 $ 85,333 $ 25,000
San Juan, New Mexico 3 $ 673,000 $ 224,333 $ 48,000
Sandoval, New Mexico 3 $ 655,000 $ 218,333 $ 66,000
Jasper, South Carolina 3 $ 594,000 $ 198,000 $ 107,000
Benton, Tennessee 3 $ 283,000 $ 94,333 $ 16,000
Campbell, Tennessee 3 $ 388,000 $ 129,333 $ 18,000
DeKalb, Tennessee 3 $ 235,000 $ 78,333 $ 33,000
Dyer, Tennessee 3 $ 404,000 $ 134,666 $ 39,000
Humphreys, Tennessee 3 $ 508,000 $ 169,333 $ 40,000
McNairy, Tennessee 3 $ 350,000 $ 116,666 $ 37,000
Polk, Tennessee 3 $ 381,000 $ 127,000 $ 39,000
White, Tennessee 3 $ 234,000 $ 78,000 $ 43,000
Albemarle, Virginia 3 $ 570,000 $ 190,000 $ 27,000
Amherst, Virginia 3 $ 273,000 $ 91,000 $ 46,000
Danville, Virginia 3 $ 282,000 $ 94,000 $ 31,000
Fluvanna, Virginia 3 $ 521,000 $ 173,666 $ 57,000
Franklin City, Virginia 3 $ 404,000 $ 134,666 $ 32,000
Goochland, Virginia 3 $ 810,000 $ 270,000 $ 34,000
Greensville, Virginia 3 $ 307,000 $ 102,333 $ 44,000
Halifax, Virginia 3 $ 262,000 $ 87,333 $ 19,000
Orange, Virginia 3 $ 806,000 $ 268,666 $ 26,000
Page, Virginia 3 $ 599,000 $ 199,666 $ 23,000
Shenandoah, Virginia 3 $ 541,000 $ 180,333 $ 70,000
Tazewell, Virginia 3 $ 316,000 $ 105,333 $ 36,000
Wise, Virginia 3 $ 199,000 $ 66,333 $ 37,000
York, Virginia 3 $ 328,000 $ 109,333 $ 22,000
Barbour, Alabama 2 $ 183,000 $ 91,500 $ 27,000
Bibb, Alabama 2 $ 172,000 $ 86,000 $ 15,000
Clay, Alabama 2 $ 157,000 $ 78,500 $ 38,000
Hale, Alabama 2 $ 235,000 $ 117,500 $ 0
Marion, Alabama 2 $ 211,000 $ 105,500 $ 32,000
Pickens, Alabama 2 $ 187,000 $ 93,500 $ 26,000
Columbia, Florida 2 $ 271,000 $ 135,500 $ 34,000
Lee, Florida 2 $ 409,000 $ 204,500 $ 0
Manatee, Florida 2 $ 334,000 $ 167,000 $ 42,000
Marion, Florida 2 $ 146,000 $ 73,000 $ 28,000
Okaloosa, Florida 2 $ 457,000 $ 228,500 $ 33,000
Polk, Florida 2 $ 135,000 $ 67,500 $ 58,000
Boone, Indiana 2 $ 280,000 $ 140,000 $ 15,000
Hamilton, Indiana 2 $ 267,000 $ 133,500 $ 13,000
Johnson, Indiana 2 $ 146,000 $ 73,000 $ 20,000
Madison, Indiana 2 $ 136,000 $ 68,000 $ 34,000
Caroline, Maryland 2 $ 462,000 $ 231,000 $ 44,000
Cecil, Maryland 2 $ 437,000 $ 218,500 $ 33,000
Frederick, Maryland 2 $ 245,000 $ 122,500 $ 59,000
Bay, Michigan 2 $ 242,000 $ 121,000 $ 37,000
Eaton, Michigan 2 $ 135,000 $ 67,500 $ 32,000
Grand Traverse, Michigan 2 $ 204,000 $ 102,000 $ 32,000
Huron, Michigan 2 $ 208,000 $ 104,000 $ 12,000
Mecosta, Michigan 2 $ 144,000 $ 72,000 $ 48,000
Menominee, Michigan 2 $ 206,000 $ 103,000 $ 23,000
Midland, Michigan 2 $ 199,000 $ 99,500 $ 14,000
Otsego, Michigan 2 $ 222,000 $ 111,000 $ 33,000
Roscommon, Michigan 2 $ 150,000 $ 75,000 $ 54,000
Sanilac, Michigan 2 $ 196,000 $ 98,000 $ 17,000
St. Joseph, Michigan 2 $ 426,000 $ 213,000 $ 12,000
Dona Ana, New Mexico 2 $ 409,000 $ 204,500 $ 62,000
Cumberland, North Carolina 2 $ 242,000 $ 121,000 $ 20,000
Allendale, South Carolina 2 $ 299,000 $ 149,500 $ 24,000
Clarendon, South Carolina 2 $ 235,000 $ 117,500 $ 11,000
Saluda, South Carolina 2 $ 195,000 $ 97,500 $ 58,000
Claiborne, Tennessee 2 $ 156,000 $ 78,000 $ 31,000
Cocke, Tennessee 2 $ 185,000 $ 92,500 $ 37,000
Crockett, Tennessee 2 $ 195,000 $ 97,500 $ 12,000
Henry, Tennessee 2 $ 327,000 $ 163,500 $ 29,000
Johnson, Tennessee 2 $ 203,000 $ 101,500 $ 36,000
Lewis, Tennessee 2 $ 266,000 $ 133,000 $ 58,000
Meigs, Tennessee 2 $ 270,000 $ 135,000 $ 50,000
Morgan, Tennessee 2 $ 200,000 $ 100,000 $ 32,000
Unicoi, Tennessee 2 $ 184,000 $ 92,000 $ 17,000
Alexandria, Virginia 2 $ 505,000 $ 252,500 $ 37,000
Bedford, Virginia 2 $ 417,000 $ 208,500 $ 36,000
Bedford City, Virginia 2 $ 137,000 $ 68,500 $ 23,000
Brunswick, Virginia 2 $ 248,000 $ 124,000 $ 36,000
Covington, Virginia 2 $ 110,000 $ 55,000 $ 15,000
Gloucester, Virginia 2 $ 386,000 $ 193,000 $ 56,000
Hanover, Virginia 2 $ 437,000 $ 218,500 $ 31,000
King George, Virginia 2 $ 529,000 $ 264,500 $ 84,000
Martinsville, Virginia 2 $ 121,000 $ 60,500 $ 8,000
Petersburg, Virginia 2 $ 324,000 $ 162,000 $ 61,000
Prince George, Virginia 2 $ 288,000 $ 144,000 $ 21,000
Radford, Virginia 2 $ 256,000 $ 128,000 $ 37,000
Richmond, Virginia 2 $ 225,000 $ 112,500 $ 35,000
Waynesboro, Virginia 2 $ 456,000 $ 228,000 $ 57,000
Westmoreland, Virginia 2 $ 158,000 $ 79,000 $ 19,000
Winchester, Virginia 2 $ 424,000 $ 212,000 $ 66,000
Bullock, Alabama 1 $ 150,000 $ 150,000 $ 110,000
Butler, Alabama 1 $ 71,000 $ 71,000 $ 40,000
Choctaw, Alabama 1 $ 99,000 $ 99,000 $ 48,000
Geneva, Alabama 1 $ 90,000 $ 90,000 $ 0
Lamar, Alabama 1 $ 132,000 $ 132,000 $ 66,000
Marengo, Alabama 1 $ 71,000 $ 71,000 $ 62,000
Perry, Alabama 1 $ 100,000 $ 100,000 $ 0
Randolph, Alabama 1 $ 55,000 $ 55,000 $ 15,000
Russell, Alabama 1 $ 60,000 $ 60,000 $ 42,000
Sumter, Alabama 1 $ 55,000 $ 55,000 $ 0
Washington, Alabama 1 $ 156,000 $ 156,000 $ 51,000
Cross, Arkansas 1 $ 171,000 $ 171,000 $ 115,000
Washington, Arkansas 1 $ 100,000 $ 100,000 $ 0
Jefferson, Colorado 1 $ 290,000 $ 290,000 $ 51,000
Bay, Florida 1 $ 254,000 $ 254,000 $ 0
Brevard, Florida 1 $ 177,000 $ 177,000 $ 41,000
Charlotte, Florida 1 $ 160,000 $ 160,000 $ 0
Jackson, Florida 1 $ 77,000 $ 77,000 $ 24,000
Jefferson, Florida 1 $ 68,000 $ 68,000 $ 41,000
Madison, Florida 1 $ 170,000 $ 170,000 $ 17,000
Monroe, Florida 1 $ 197,000 $ 197,000 $ 25,000
Nassau, Florida 1 $ 154,000 $ 154,000 $ 36,000
Putnam, Florida 1 $ 126,000 $ 126,000 $ 0
Sarasota, Florida 1 $ 136,000 $ 136,000 $ 20,000
Volusia, Florida 1 $ 235,000 $ 235,000 $ 26,000
Ben Hill, Georgia 1 $ 110,000 $ 110,000 $ 46,000
Richmond, Georgia 1 $ 61,000 $ 61,000 $ 36,000
Allen, Indiana 1 $ 49,000 $ 49,000 $ 0
Fayette, Indiana 1 $ 60,000 $ 60,000 $ 72,000
Starke, Indiana 1 $ 72,000 $ 72,000 $ 64,000
Warrick, Indiana 1 $ 94,000 $ 94,000 $ 35,000
Carroll, Maryland 1 $ 360,000 $ 360,000 $ 70,000
Dorchester, Maryland 1 $ 205,000 $ 205,000 $ 36,000
Middlesex, Massachusetts 1 $ 465,000 $ 465,000 $ 0
Allegan, Michigan 1 $ 100,000 $ 100,000 $ 44,000
Arenac, Michigan 1 $ 87,000 $ 87,000 $ 160,000
Benzie, Michigan 1 $ 166,000 $ 166,000 $ 78,000
Cheboygan, Michigan 1 $ 75,000 $ 75,000 $ 0
Chippewa, Michigan 1 $ 69,000 $ 69,000 $ 26,000
Clare, Michigan 1 $ 72,000 $ 72,000 $ 23,000
Emmet, Michigan 1 $ 109,000 $ 109,000 $ 37,000
Gladwin, Michigan 1 $ 35,000 $ 35,000 $ 0
Hillsdale, Michigan 1 $ 100,000 $ 100,000 $ 0
Ionia, Michigan 1 $ 115,000 $ 115,000 $ 20,000
Iron, Michigan 1 $ 136,000 $ 136,000 $ 31,000
Isabella, Michigan 1 $ 108,000 $ 108,000 $ 40,000
Kalkaska, Michigan 1 $ 80,000 $ 80,000 $ 78,000
Montmorency, Michigan 1 $ 145,000 $ 145,000 $ 49,000
Newaygo, Michigan 1 $ 108,000 $ 108,000 $ 30,000
Shiawassee, Michigan 1 $ 77,000 $ 77,000 $ 0
Tuscola, Michigan 1 $ 220,000 $ 220,000 $ 0
Washtenaw, Michigan 1 $ 302,000 $ 302,000 $ 0
Wexford, Michigan 1 $ 50,000 $ 50,000 $ 15,000
Claiborne, Mississippi 1 $ 100,000 $ 100,000 $ 0
Hinds, Mississippi 1 $ 172,000 $ 172,000 $ 19,000
Marshall, Mississippi 1 $ 105,000 $ 105,000 $ 97,000
Washington, Mississippi 1 $ 230,000 $ 230,000 $ 0
Cibola, New Mexico 1 $ 46,000 $ 46,000 $ 0
Lea, New Mexico 1 $ 103,000 $ 103,000 $ 105,000
Lincoln, New Mexico 1 $ 100,000 $ 100,000 $ 35,000
Sierra, New Mexico 1 $ 50,000 $ 50,000 $ 32,000
Taos, New Mexico 1 $ 408,000 $ 408,000 $ 264,000
Torrance, New Mexico 1 $ 72,000 $ 72,000 $ 72,000
Alamance, North Carolina 1 $ 85,000 $ 85,000 $ 42,000
Cabarrus, North Carolina 1 $ 153,000 $ 153,000 $ 47,000
Mecklenburg, North Carolina 1 $ 97,000 $ 97,000 $ 48,000
Orange, North Carolina 1 $ 163,000 $ 163,000 $ 36,000
Barnwell, South Carolina 1 $ 72,000 $ 72,000 $ 25,000
McCormick, South Carolina 1 $ 290,000 $ 290,000 $ 76,000
Cannon, Tennessee 1 $ 100,000 $ 100,000 $ 41,000
Carter, Tennessee 1 $ 149,000 $ 149,000 $ 0
Clay, Tennessee 1 $ 57,000 $ 57,000 $ 45,000
Fentress, Tennessee 1 $ 72,000 $ 72,000 $ 36,000
Grainger, Tennessee 1 $ 122,000 $ 122,000 $ 0
Grundy, Tennessee 1 $ 128,000 $ 128,000 $ 38,000
Hancock, Tennessee 1 $ 99,000 $ 99,000 $ 84,000
Houston, Tennessee 1 $ 85,000 $ 85,000 $ 66,000
Jackson, Tennessee 1 $ 52,000 $ 52,000 $ 30,000
Lake, Tennessee 1 $ 100,000 $ 100,000 $ 0
Trousdale, Tennessee 1 $ 165,000 $ 165,000 $ 29,000
Union, Tennessee 1 $ 135,000 $ 135,000 $ 0
Wayne, Tennessee 1 $ 131,000 $ 131,000 $ 42,000
Accomack, Virginia 1 $ 76,000 $ 76,000 $ 36,000
Amelia, Virginia 1 $ 132,000 $ 132,000 $ 0
Bland, Virginia 1 $ 79,000 $ 79,000 $ 18,000
Buena Vista, Virginia 1 $ 100,000 $ 100,000 $ 73,000
Clarke, Virginia 1 $ 195,000 $ 195,000 $ 130,000
Dickenson, Virginia 1 $ 60,000 $ 60,000 $ 76,000
Emporia, Virginia 1 $ 86,000 $ 86,000 $ 12,000
Fauquier, Virginia 1 $ 100,000 $ 100,000 $ 28,000
Floyd, Virginia 1 $ 106,000 $ 106,000 $ 0
Giles, Virginia 1 $ 109,000 $ 109,000 $ 26,000
King William, Virginia 1 $ 115,000 $ 115,000 $ 0
Lee, Virginia 1 $ 115,000 $ 115,000 $ 60,000
Lynchburg, Virginia 1 $ 140,000 $ 140,000 $ 92,000
Manassas Park, Virginia 1 $ 300,000 $ 300,000 $ 0
Nelson, Virginia 1 $ 235,000 $ 235,000 $ 42,000
New Kent, Virginia 1 $ 40,000 $ 40,000 $ 7,000
Nottoway, Virginia 1 $ 150,000 $ 150,000 $ 0
Russell, Virginia 1 $ 247,000 $ 247,000 $ 88,000
Salem, Virginia 1 $ 127,000 $ 127,000 $ 54,000
Staunton, Virginia 1 $ 210,000 $ 210,000 $ 68,000
Wythe, Virginia 1 $ 68,000 $ 68,000 $ 33,000

Mortgage Loan Application Detail Totals for Gms Funding, LLC in 2007

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 4,038 $537,631,000 $133,000 $1,360,000 $40,000 $8,860,000
Home Purchase 648 $64,185,000 $99,000 $800,000 $28,000 $500,000
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 3,264 $432,773,000 $132,000 $1,360,000 $41,000 $8,860,000
Black or African American 1,367 $158,285,000 $115,000 $750,000 $32,000 $572,000
Hispanic 44 $7,844,000 $178,000 $468,000 $44,000 $252,000
Asian 6 $967,000 $161,000 $405,000 $74,000 $162,000
Native Hawaiian or Other Pacific Islander 4 $1,359,000 $339,000 $580,000 $66,000 $116,000
American Indian or Alaskan Native 1 $588,000 $588,000 $588,000 $116,000 $116,000
Not applicable 0 $0 $0 $0 $0 $0
Not Provided 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) 4,686 $601,816,000 $128,000 $1,360,000 $38,000 $8,860,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
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
Application Withdrawn By Applicant 2,120 $283,397,000 $133,000 $1,250,000 $43,000 $2,400,000
Application Denied By Financial Institution 1,954 $254,525,000 $130,000 $1,360,000 $33,000 $8,860,000
Preapproval Denied by Financial Institution 353 $32,620,000 $92,000 $375,000 $27,000 $500,000
Loan Originated 259 $31,274,000 $120,000 $480,000 $52,000 $219,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 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 1,645 $196,252,000 $119,000 $1,000,000 $32,000 $8,860,000
Collateral 222 $28,255,000 $127,000 $750,000 $31,000 $144,000
Debt-To-Income Ratio 214 $32,167,000 $150,000 $922,000 $32,000 $226,000
Credit Application Incomplete 57 $8,914,000 $156,000 $515,000 $45,000 $175,000
Unverifiable Information 35 $5,670,000 $162,000 $1,360,000 $48,000 $322,000
Insufficient Cash (Downpayment, Closing Cost) 32 $4,408,000 $137,000 $400,000 $37,000 $112,000
Other 24 $2,540,000 $105,000 $357,000 $30,000 $170,000
Employment History 10 $951,000 $95,000 $138,000 $29,000 $96,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Gms Funding, LLC's 2007 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 Gms Funding, 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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