Green Planet Mortgage, LLC Mortgage Lending & HMDA Data, 2009

In 2009, Green Planet Mortgage, LLC of Clearwater, FL reported 700 mortgage applications totaling $131.1 million. The average application was for $187,337, and applicants reported an average income of $68,570. 19% of its applications resulted in an originated loan and 69% were denied. Its largest markets were Jacksonville, FL (66), Denver-Aurora-Broomfield, CO (32) and Greenville-Mauldin-Easley, SC (28) (applications in parentheses).

Mortgage Company & Address Green Planet Mortgage, LLC
4900 Creekside Drive Suite H
Clearwater, FL 33760
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  
Total Number of Mortgage Applications 700
Total Mortgage Loan Application Amount $131,136,000
Average Mortgage Loan Application Amount $187,337
Highest Mortgage Loan Application Amount $1,045,000
Average Applicant Income $68,570
Highest Applicant Income $390,000

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records Green Planet Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for Green Planet Mortgage, LLC in 2009

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 609 $118,120,000 $193,000 $1,045,000 $70,000 $390,000
Home Purchase 91 $13,016,000 $143,000 $417,000 $59,000 $200,000
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 325 $60,926,000 $187,000 $880,000 $74,000 $380,000
Not Provided 294 $56,250,000 $191,000 $1,045,000 $66,000 $390,000
Black or African American 53 $7,747,000 $146,000 $417,000 $48,000 $111,000
Hispanic 17 $2,638,000 $155,000 $383,000 $52,000 $160,000
Asian 7 $3,001,000 $428,000 $650,000 $89,000 $120,000
American Indian or Alaskan Native 3 $507,000 $169,000 $224,000 $82,000 $113,000
Native Hawaiian or Other Pacific Islander 1 $67,000 $67,000 $67,000 $29,000 $29,000
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) 406 $79,175,000 $195,000 $1,045,000 $76,000 $390,000
FHA-insured (Federal Housing Administration) 233 $42,377,000 $181,000 $880,000 $59,000 $230,000
VA-guaranteed (Veterans Administration) 36 $6,517,000 $181,000 $395,000 $60,000 $138,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 25 $3,067,000 $122,000 $261,000 $42,000 $80,000

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 Denied By Financial Institution 485 $92,274,000 $190,000 $1,045,000 $66,000 $350,000
Loan Originated 133 $21,333,000 $160,000 $442,000 $66,000 $254,000
Application Withdrawn By Applicant 52 $11,524,000 $221,000 $590,000 $82,000 $390,000
File Closed For Incompleteness 25 $5,139,000 $205,000 $590,000 $97,000 $380,000
Application Approved But Not Accepted 5 $866,000 $173,000 $415,000 $102,000 $273,000
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 Application Incomplete 142 $27,692,000 $195,000 $715,000 $71,000 $350,000
Credit History 125 $20,171,000 $161,000 $880,000 $52,000 $230,000
Unverifiable Information 88 $16,942,000 $192,000 $1,045,000 $74,000 $300,000
Collateral 64 $12,266,000 $191,000 $490,000 $75,000 $231,000
Debt-To-Income Ratio 45 $9,467,000 $210,000 $603,000 $48,000 $142,000
Other 17 $5,314,000 $312,000 $650,000 $106,000 $200,000
Insufficient Cash (Downpayment, Closing Cost) 2 $260,000 $130,000 $144,000 $39,000 $42,000
Employment History 1 $128,000 $128,000 $128,000 $66,000 $66,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Green Planet Mortgage, LLC's 2009 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 Green Planet 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.
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