Guaranteed Home Mortgage Compa Mortgage Lending & HMDA Data, 2013

In 2013, Guaranteed Home Mortgage Compa of White Plains, NY reported 2,058 mortgage applications totaling $567.4 million, down 36% from 2012. The average application was for $275,695, and applicants reported an average income of $109,000. 50% of its applications resulted in an originated loan and 7% were denied. Its largest markets were New York-White Plains-Wayne, NY-NJ (538), Edison-New Brunswick, NJ (280) and York-Hanover, PA (146) (applications in parentheses).

Mortgage Company & Address Guaranteed Home Mortgage Compa
108 Corporate Park Drive - Suite 301
White Plains, NY 10604
Tel #: available with data download
Federal Regulator * available with data download
Years 2013  2012  2011  2010  2009  
Total Number of Mortgage Applications 2,058
Total Mortgage Loan Application Amount $567,381,000
Average Mortgage Loan Application Amount $275,695
Highest Mortgage Loan Application Amount $2,030,000
Average Applicant Income $109,000
Highest Applicant Income $2,599,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Guaranteed Home Mortgage Compa filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Guaranteed Home Mortgage Compa by County in 2013

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Bergen, New Jersey 208 $ 67,924,000 $ 326,557 $ 124,000
York, Pennsylvania 146 $ 24,756,000 $ 169,561 $ 69,000
Monmouth, New Jersey 116 $ 37,032,000 $ 319,241 $ 136,000
Middlesex, New Jersey 85 $ 22,440,000 $ 264,000 $ 97,000
New Castle, Delaware 63 $ 12,870,000 $ 204,285 $ 71,000
Ocean, New Jersey 56 $ 13,968,000 $ 249,428 $ 86,000
Westchester, New York 55 $ 20,797,000 $ 378,127 $ 180,000
Monroe, New York 52 $ 7,349,000 $ 141,326 $ 79,000
Suffolk, New York 49 $ 15,860,000 $ 323,673 $ 87,000
Essex, New Jersey 48 $ 14,433,000 $ 300,687 $ 131,000
Richmond, New York 48 $ 16,016,000 $ 333,666 $ 111,000
Hudson, New Jersey 46 $ 13,087,000 $ 284,500 $ 147,000
Kings, New York 46 $ 23,053,000 $ 501,152 $ 126,000
Orange, New York 44 $ 11,188,000 $ 254,272 $ 93,000
Nassau, New York 41 $ 17,805,000 $ 434,268 $ 194,000
Morris, New Jersey 40 $ 12,910,000 $ 322,750 $ 117,000
New York, New York 40 $ 18,710,000 $ 467,750 $ 223,000
Androscoggin, Maine 39 $ 5,844,000 $ 149,846 $ 57,000
Queens, New York 34 $ 11,202,000 $ 329,470 $ 83,000
Sussex, Delaware 33 $ 8,065,000 $ 244,393 $ 87,000
Passaic, New Jersey 32 $ 7,729,000 $ 241,531 $ 83,000
Montgomery, Maryland 31 $ 11,709,000 $ 377,709 $ 160,000
Union, New Jersey 27 $ 7,651,000 $ 283,370 $ 89,000
Henrico, Virginia 24 $ 5,733,000 $ 238,875 $ 68,000
Mercer, New Jersey 23 $ 5,953,000 $ 258,826 $ 115,000
Somerset, New Jersey 23 $ 7,648,000 $ 332,521 $ 140,000
Anne Arundel, Maryland 22 $ 6,619,000 $ 300,863 $ 130,000
Kent, Delaware 21 $ 3,493,000 $ 166,333 $ 55,000
Burlington, New Jersey 20 $ 4,861,000 $ 243,050 $ 88,000
Gloucester, New Jersey 19 $ 4,448,000 $ 234,105 $ 98,000
Cumberland, Maine 17 $ 3,736,000 $ 219,764 $ 87,000
Kennebec, Maine 17 $ 2,573,000 $ 151,352 $ 57,000
Rockland, New York 17 $ 5,638,000 $ 331,647 $ 117,000
Adams, Pennsylvania 17 $ 2,550,000 $ 150,000 $ 56,000
Atlantic, New Jersey 15 $ 3,489,000 $ 232,600 $ 123,000
Chester, Pennsylvania 15 $ 3,277,000 $ 218,466 $ 96,000
York, Maine 14 $ 2,070,000 $ 147,857 $ 61,000
Hunterdon, New Jersey 14 $ 5,130,000 $ 366,428 $ 159,000
Camden, New Jersey 13 $ 2,612,000 $ 200,923 $ 86,000
Cumberland, Pennsylvania 12 $ 2,230,000 $ 185,833 $ 77,000
Cape May, New Jersey 11 $ 3,007,000 $ 273,363 $ 170,000
Delaware, Pennsylvania 11 $ 2,612,000 $ 237,454 $ 142,000
Montgomery, Pennsylvania 11 $ 2,120,000 $ 192,727 $ 80,000
Chesterfield, Virginia 11 $ 2,402,000 $ 218,363 $ 89,000
Fairfield, Connecticut 10 $ 4,782,000 $ 478,200 $ 168,000
Oxford, Maine 9 $ 1,522,000 $ 169,111 $ 60,000
Bucks, Pennsylvania 9 $ 2,550,000 $ 283,333 $ 71,000
King, Washington 9 $ 2,310,000 $ 256,666 $ 87,000
Los Angeles, California 8 $ 4,897,000 $ 612,125 $ 366,000
Lancaster, Pennsylvania 8 $ 1,475,000 $ 184,375 $ 69,000
Fairfax, Virginia 8 $ 3,552,000 $ 444,000 $ 175,000
Dutchess, New York 7 $ 1,386,000 $ 198,000 $ 32,000
Franklin, Pennsylvania 7 $ 1,442,000 $ 206,000 $ 82,000
Philadelphia, Pennsylvania 7 $ 1,637,000 $ 233,857 $ 95,000
District of Columbia, District Of Columbia 6 $ 2,498,000 $ 416,333 $ 341,000
Hancock, Maine 6 $ 1,430,000 $ 238,333 $ 99,000
Bronx, New York 6 $ 1,976,000 $ 329,333 $ 75,000
Putnam, New York 6 $ 2,017,000 $ 336,166 $ 110,000
Allegheny, Pennsylvania 6 $ 1,061,000 $ 176,833 $ 88,000
Northampton, Pennsylvania 6 $ 1,240,000 $ 206,666 $ 32,000
Orange, Florida 5 $ 1,707,000 $ 341,400 $ 238,000
Penobscot, Maine 5 $ 888,000 $ 177,600 $ 79,000
Baltimore, Maryland 5 $ 1,233,000 $ 246,600 $ 107,000
Howard, Maryland 5 $ 1,437,000 $ 287,400 $ 124,000
Sussex, New Jersey 5 $ 1,479,000 $ 295,800 $ 130,000
Pike, Pennsylvania 5 $ 879,000 $ 175,800 $ 99,000
Broward, Florida 4 $ 766,000 $ 191,500 $ 191,000
Miami-Dade, Florida 4 $ 1,154,000 $ 288,500 $ 297,000
Palm Beach, Florida 4 $ 1,016,000 $ 254,000 $ 79,000
Lincoln, Maine 4 $ 530,000 $ 132,500 $ 61,000
Waldo, Maine 4 $ 811,000 $ 202,750 $ 57,000
Baltimore City, Maryland 4 $ 1,341,000 $ 335,250 $ 76,000
Warren, New Jersey 4 $ 1,099,000 $ 274,750 $ 152,000
Wayne, New York 4 $ 513,000 $ 128,250 $ 50,000
Dauphin, Pennsylvania 4 $ 543,000 $ 135,750 $ 43,000
Arlington, Virginia 4 $ 1,287,000 $ 321,750 $ 225,000
Loudoun, Virginia 4 $ 1,468,000 $ 367,000 $ 234,000
New Haven, Connecticut 3 $ 1,163,000 $ 387,666 $ 77,000
Knox, Maine 3 $ 472,000 $ 157,333 $ 84,000
Charles, Maryland 3 $ 800,000 $ 266,666 $ 51,000
Frederick, Maryland 3 $ 717,000 $ 239,000 $ 78,000
Cumberland, New Jersey 3 $ 634,000 $ 211,333 $ 39,000
Erie, New York 3 $ 423,000 $ 141,000 $ 73,000
Livingston, New York 3 $ 286,000 $ 95,333 $ 34,000
Johnston, North Carolina 3 $ 424,000 $ 141,333 $ 41,000
Lehigh, Pennsylvania 3 $ 578,000 $ 192,666 $ 70,000
Westmoreland, Pennsylvania 3 $ 717,000 $ 239,000 $ 103,000
Stafford, Virginia 3 $ 587,000 $ 195,666 $ 79,000
Snohomish, Washington 3 $ 1,327,000 $ 442,333 $ 106,000
Hillsborough, Florida 2 $ 142,000 $ 71,000 $ 61,000
Sagadahoc, Maine 2 $ 227,000 $ 113,500 $ 26,000
Carroll, Maryland 2 $ 425,000 $ 212,500 $ 105,000
Middlesex, Massachusetts 2 $ 567,000 $ 283,500 $ 52,000
Ulster, New York 2 $ 302,000 $ 151,000 $ 39,000
Brunswick, North Carolina 2 $ 338,000 $ 169,000 $ 104,000
Wake, North Carolina 2 $ 454,000 $ 227,000 $ 76,000
Berks, Pennsylvania 2 $ 420,000 $ 210,000 $ 69,000
Hanover, Virginia 2 $ 298,000 $ 149,000 $ 42,000
Louisa, Virginia 2 $ 317,000 $ 158,500 $ 19,000
Pierce, Washington 2 $ 483,000 $ 241,500 $ 64,000
Spokane, Washington 2 $ 414,000 $ 207,000 $ 67,000
Alameda, California 1 $ 340,000 $ 340,000 $ 98,000
Riverside, California 1 $ 233,000 $ 233,000 $ 70,000
Sacramento, California 1 $ 79,000 $ 79,000 $ 45,000
San Diego, California 1 $ 188,000 $ 188,000 $ 83,000
Hartford, Connecticut 1 $ 73,000 $ 73,000 $ 0
Litchfield, Connecticut 1 $ 245,000 $ 245,000 $ 120,000
Collier, Florida 1 $ 253,000 $ 253,000 $ 0
Marion, Florida 1 $ 92,000 $ 92,000 $ 42,000
Martin, Florida 1 $ 340,000 $ 340,000 $ 197,000
Monroe, Florida 1 $ 367,000 $ 367,000 $ 69,000
Aroostook, Maine 1 $ 100,000 $ 100,000 $ 29,000
Franklin, Maine 1 $ 101,000 $ 101,000 $ 76,000
Somerset, Maine 1 $ 253,000 $ 253,000 $ 92,000
Washington, Maine 1 $ 154,000 $ 154,000 $ 84,000
Calvert, Maryland 1 $ 203,000 $ 203,000 $ 60,000
Cecil, Maryland 1 $ 156,000 $ 156,000 $ 89,000
Harford, Maryland 1 $ 416,000 $ 416,000 $ 152,000
Prince George's, Maryland 1 $ 156,000 $ 156,000 $ 79,000
Queen Anne's, Maryland 1 $ 158,000 $ 158,000 $ 35,000
Talbot, Maryland 1 $ 313,000 $ 313,000 $ 317,000
Worcester, Maryland 1 $ 154,000 $ 154,000 $ 124,000
Barnstable, Massachusetts 1 $ 246,000 $ 246,000 $ 84,000
Bristol, Massachusetts 1 $ 274,000 $ 274,000 $ 66,000
Essex, Massachusetts 1 $ 285,000 $ 285,000 $ 77,000
Franklin, Massachusetts 1 $ 269,000 $ 269,000 $ 63,000
Grafton, New Hampshire 1 $ 154,000 $ 154,000 $ 54,000
Hillsborough, New Hampshire 1 $ 209,000 $ 209,000 $ 110,000
Merrimack, New Hampshire 1 $ 194,000 $ 194,000 $ 110,000
Strafford, New Hampshire 1 $ 190,000 $ 190,000 $ 107,000
Salem, New Jersey 1 $ 297,000 $ 297,000 $ 33,000
Albany, New York 1 $ 189,000 $ 189,000 $ 55,000
Allegany, New York 1 $ 66,000 $ 66,000 $ 76,000
Cattaraugus, New York 1 $ 84,000 $ 84,000 $ 0
Fulton, New York 1 $ 133,000 $ 133,000 $ 278,000
Genesee, New York 1 $ 113,000 $ 113,000 $ 41,000
Greene, New York 1 $ 221,000 $ 221,000 $ 124,000
Jefferson, New York 1 $ 108,000 $ 108,000 $ 63,000
Ontario, New York 1 $ 323,000 $ 323,000 $ 66,000
Orleans, New York 1 $ 179,000 $ 179,000 $ 35,000
Saratoga, New York 1 $ 145,000 $ 145,000 $ 64,000
Schenectady, New York 1 $ 138,000 $ 138,000 $ 0
Alamance, North Carolina 1 $ 269,000 $ 269,000 $ 89,000
Buncombe, North Carolina 1 $ 206,000 $ 206,000 $ 115,000
Cabarrus, North Carolina 1 $ 325,000 $ 325,000 $ 128,000
Henderson, North Carolina 1 $ 222,000 $ 222,000 $ 50,000
Hoke, North Carolina 1 $ 104,000 $ 104,000 $ 29,000
Iredell, North Carolina 1 $ 196,000 $ 196,000 $ 78,000
Pasquotank, North Carolina 1 $ 205,000 $ 205,000 $ 0
Randolph, North Carolina 1 $ 200,000 $ 200,000 $ 76,000
Stanly, North Carolina 1 $ 242,000 $ 242,000 $ 0
Bedford, Pennsylvania 1 $ 267,000 $ 267,000 $ 72,000
Butler, Pennsylvania 1 $ 340,000 $ 340,000 $ 161,000
Lawrence, Pennsylvania 1 $ 280,000 $ 280,000 $ 144,000
Lebanon, Pennsylvania 1 $ 126,000 $ 126,000 $ 0
Monroe, Pennsylvania 1 $ 192,000 $ 192,000 $ 68,000
Perry, Pennsylvania 1 $ 177,000 $ 177,000 $ 52,000
Union, Pennsylvania 1 $ 160,000 $ 160,000 $ 125,000
Washington, Pennsylvania 1 $ 61,000 $ 61,000 $ 42,000
Wayne, Pennsylvania 1 $ 131,000 $ 131,000 $ 42,000
Horry, South Carolina 1 $ 77,000 $ 77,000 $ 119,000
Williamson, Tennessee 1 $ 275,000 $ 275,000 $ 92,000
Bexar, Texas 1 $ 65,000 $ 65,000 $ 0
Denton, Texas 1 $ 262,000 $ 262,000 $ 177,000
Johnson, Texas 1 $ 60,000 $ 60,000 $ 0
Alexandria, Virginia 1 $ 71,000 $ 71,000 $ 62,000
Buena Vista, Virginia 1 $ 120,000 $ 120,000 $ 131,000
Cumberland, Virginia 1 $ 279,000 $ 279,000 $ 106,000
Dinwiddie, Virginia 1 $ 129,000 $ 129,000 $ 81,000
Goochland, Virginia 1 $ 182,000 $ 182,000 $ 47,000
Prince George, Virginia 1 $ 157,000 $ 157,000 $ 57,000
Richmond City, Virginia 1 $ 187,000 $ 187,000 $ 93,000
Rockingham, Virginia 1 $ 125,000 $ 125,000 $ 106,000
Spotsylvania, Virginia 1 $ 261,000 $ 261,000 $ 55,000
Virginia Beach, Virginia 1 $ 173,000 $ 173,000 $ 4,000
Chelan, Washington 1 $ 179,000 $ 179,000 $ 40,000
Cowlitz, Washington 1 $ 301,000 $ 301,000 $ 102,000
Kitsap, Washington 1 $ 236,000 $ 236,000 $ 74,000
Lewis, Washington 1 $ 490,000 $ 490,000 $ 90,000
Pacific, Washington 1 $ 635,000 $ 635,000 $ 209,000
Whatcom, Washington 1 $ 183,000 $ 183,000 $ 94,000

Mortgage Loan Application Detail Totals for Guaranteed Home Mortgage Compa in 2013

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 1,404 $385,286,000 $274,000 $1,250,000 $109,000 $2,599,000
Home Purchase 654 $182,095,000 $278,000 $2,030,000 $109,000 $1,162,000
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 1,389 $387,889,000 $279,000 $2,030,000 $115,000 $2,599,000
Not Provided 348 $91,743,000 $263,000 $1,050,000 $98,000 $600,000
Hispanic 126 $33,036,000 $262,000 $990,000 $84,000 $398,000
Asian 107 $33,744,000 $315,000 $760,000 $114,000 $325,000
Black or African American 82 $19,253,000 $234,000 $673,000 $73,000 $389,000
Native Hawaiian or Other Pacific Islander 4 $1,409,000 $352,000 $417,000 $418,000 $670,000
American Indian or Alaskan Native 2 $307,000 $153,000 $187,000 $80,000 $131,000
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) 1,262 $372,692,000 $295,000 $2,030,000 $135,000 $2,599,000
FHA-insured (Federal Housing Administration) 683 $170,017,000 $248,000 $740,000 $68,000 $584,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 57 $9,732,000 $170,000 $323,000 $55,000 $103,000
VA-guaranteed (Veterans Administration) 56 $14,940,000 $266,000 $630,000 $81,000 $227,000

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 1,033 $280,340,000 $271,000 $2,030,000 $106,000 $1,635,000
Application Withdrawn By Applicant 639 $177,149,000 $277,000 $1,800,000 $110,000 $863,000
File Closed For Incompleteness 190 $55,157,000 $290,000 $1,250,000 $133,000 $2,599,000
Application Denied By Financial Institution 152 $41,636,000 $273,000 $1,064,000 $97,000 $786,000
Application Approved But Not Accepted 44 $13,099,000 $297,000 $626,000 $102,000 $600,000
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
Debt-To-Income Ratio 41 $12,727,000 $310,000 $1,064,000 $83,000 $390,000
Collateral 34 $7,690,000 $226,000 $600,000 $99,000 $538,000
Credit History 17 $4,395,000 $258,000 $740,000 $89,000 $350,000
Other 10 $3,267,000 $326,000 $682,000 $102,000 $316,000
Employment History 6 $1,309,000 $218,000 $458,000 $89,000 $164,000
Insufficient Cash (Downpayment, Closing Cost) 5 $1,513,000 $302,000 $417,000 $57,000 $76,000
Unverifiable Information 4 $573,000 $143,000 $216,000 $73,000 $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 Guaranteed Home Mortgage Compa's 2013 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 Guaranteed Home Mortgage Compa'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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