Hallmark Mortgage Group, LLC Mortgage Lending & HMDA Data, 2011

In 2011, Hallmark Mortgage Group, LLC of Winston-Salem, NC reported 5 mortgage applications totaling $1.7 million. The average application was for $336,600, and applicants reported an average income of $116,800. 100% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Philadelphia, PA (4) and Allentown-Bethlehem-Easton, PA-NJ (1).

Mortgage Company & Address Hallmark Mortgage Group, LLC
100 N Main Street Mac D4001-063
Winston-Salem, NC 27150
Tel #: available with data download
Federal Regulator * available with data download
Years 2011  
Total Number of Mortgage Applications 5
Total Mortgage Loan Application Amount $1,683,000
Average Mortgage Loan Application Amount $336,600
Highest Mortgage Loan Application Amount $417,000
Average Applicant Income $116,800
Highest Applicant Income $196,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Hallmark Mortgage Group, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Hallmark Mortgage Group, LLC by Metropolitan Area in 2011

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Philadelphia, PA 4 $ 1,317,000 $ 329,250 $ 126,000
Allentown-Bethlehem-Easton, PA-NJ 1 $ 366,000 $ 366,000 $ 80,000

Mortgage Loan Application Detail Totals for Hallmark Mortgage Group, LLC in 2011

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 $1,383,000 $345,000 $417,000 $116,000 $196,000
Home Improvement 1 $300,000 $300,000 $300,000 $120,000 $120,000
Refinancing 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 $952,000 $317,000 $417,000 $103,000 $120,000
Not Provided 2 $731,000 $365,000 $366,000 $138,000 $196,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 0 $0 $0 $0 $0 $0
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) 5 $1,683,000 $336,000 $417,000 $117,000 $196,000
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
Loan Originated 5 $1,683,000 $336,000 $417,000 $117,000 $196,000
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
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Hallmark Mortgage Group, LLC's 2011 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 Hallmark Mortgage Group, 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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