Group Mortgage, LLC Mortgage Lending & HMDA Data, 2021

In 2021, Group Mortgage, LLC of Houston, TX reported 1,267 mortgage applications totaling $460.3 million, down 35% from 2020. The average application was for $363,287, and applicants reported an average income of $133,397. 89% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Fort Collins, CO (752), Greeley, CO (243) and Colorado Springs, CO (150) (applications in parentheses).

Mortgage Company & Address Group Mortgage, LLC

Houston, TX 77027
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  
Total Number of Mortgage Applications 1,267
Total Mortgage Loan Application Amount $460,285,000
Average Mortgage Loan Application Amount $363,287
Highest Mortgage Loan Application Amount $2,245,000
Average Applicant Income $133,397
Highest Applicant Income $1,748,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Group Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Group Mortgage, LLC in 2021

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 711 $281,925,000 $396,000 $1,905,000 $138,000 $1,748,000
Refinancing 332 $104,580,000 $315,000 $2,245,000 $133,000 $1,458,000
Cash-out Refinancing 206 $68,620,000 $333,000 $1,105,000 $121,000 $336,000
Other Purpose 16 $4,700,000 $293,000 $545,000 $96,000 $200,000
Home Improvement 2 $460,000 $230,000 $275,000 $139,000 $231,000
Not Applicable 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 878 $312,420,000 $355,000 $1,905,000 $133,000 $1,748,000
Not Provided 309 $118,375,000 $383,000 $2,245,000 $138,000 $1,458,000
Hispanic 43 $15,485,000 $360,000 $625,000 $105,000 $280,000
American Indian or Alaskan Native 12 $5,000,000 $416,000 $1,275,000 $167,000 $733,000
Asian 12 $4,660,000 $388,000 $545,000 $123,000 $500,000
Black or African American 8 $2,270,000 $283,000 $465,000 $78,000 $130,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
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) 1,143 $409,355,000 $358,000 $2,245,000 $137,000 $1,748,000
VA-guaranteed (Veterans Administration) 70 $32,110,000 $458,000 $1,905,000 $116,000 $324,000
FHA-insured (Federal Housing Administration) 52 $18,010,000 $346,000 $545,000 $74,000 $131,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $810,000 $405,000 $505,000 $99,000 $102,000

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 1,133 $405,055,000 $357,000 $2,245,000 $132,000 $1,748,000
Application Withdrawn By Applicant 125 $51,465,000 $411,000 $1,905,000 $144,000 $517,000
Application Denied By Financial Institution 8 $3,410,000 $426,000 $895,000 $95,000 $243,000
Application Approved But Not Accepted 1 $355,000 $355,000 $355,000 $76,000 $76,000
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
Not applicable 1,259 $456,875,000 $362,000 $2,245,000 $134,000 $1,748,000
Debt-To-Income Ratio 5 $2,595,000 $519,000 $895,000 $102,000 $243,000
Collateral 1 $275,000 $275,000 $275,000 $109,000 $109,000
Credit History 1 $315,000 $315,000 $315,000 $86,000 $86,000
Unverifiable Information 1 $225,000 $225,000 $225,000 $56,000 $56,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Group Mortgage, LLC's 2021 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 Group 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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