Hamilton Home Loans, Inc. Mortgage Lending & HMDA Data, 2019

In 2019, Hamilton Home Loans, Inc. of Sunrise, FL reported 5,248 mortgage applications totaling $1.2 billion, up 13% from 2018. The average application was for $223,410, and applicants reported an average income of $88,817. 79% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Fort Lauderdale-Pompano Beach-Deerfield Beach, FL (717), Cape Coral-Fort Myers, FL (494) and Tampa-St. Petersburg-Clearwater, FL (471) (applications in parentheses).

Mortgage Company & Address Hamilton Home Loans, Inc.
1551 Sawgrass Corporate Parkway, Ste 300
Sunrise, FL 33323
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 5,248
Total Mortgage Loan Application Amount $1,172,460,000
Average Mortgage Loan Application Amount $223,410
Highest Mortgage Loan Application Amount $1,735,000
Average Applicant Income $88,817
Highest Applicant Income $1,500,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Hamilton Home Loans, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Hamilton Home Loans, Inc. in 2019

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 4,387 $970,635,000 $221,000 $1,735,000 $88,000 $1,500,000
Cash-out Refinancing 439 $95,025,000 $216,000 $545,000 $92,000 $355,000
Refinancing 422 $106,800,000 $253,000 $1,025,000 $94,000 $493,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 2,715 $608,565,000 $224,000 $1,455,000 $95,000 $1,264,000
Hispanic 1,465 $328,045,000 $223,000 $1,735,000 $80,000 $1,500,000
Black or African American 492 $105,290,000 $214,000 $865,000 $73,000 $644,000
Not Provided 459 $103,665,000 $225,000 $785,000 $99,000 $467,000
Asian 97 $23,155,000 $238,000 $525,000 $96,000 $392,000
American Indian or Alaskan Native 15 $2,815,000 $187,000 $385,000 $82,000 $275,000
Native Hawaiian or Other Pacific Islander 2 $330,000 $165,000 $215,000 $57,000 $64,000
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) 3,142 $724,940,000 $230,000 $1,735,000 $103,000 $1,500,000
FHA-insured (Federal Housing Administration) 1,587 $327,275,000 $206,000 $525,000 $67,000 $299,000
VA-guaranteed (Veterans Administration) 397 $99,535,000 $250,000 $655,000 $78,000 $288,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 122 $20,710,000 $169,000 $365,000 $54,000 $124,000

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 4,156 $927,690,000 $223,000 $1,265,000 $90,000 $1,264,000
Application Withdrawn By Applicant 514 $115,420,000 $224,000 $1,005,000 $86,000 $590,000
Application Denied By Financial Institution 410 $93,410,000 $227,000 $1,735,000 $87,000 $1,500,000
Application Approved But Not Accepted 149 $30,995,000 $208,000 $485,000 $84,000 $392,000
File Closed For Incompleteness 19 $4,945,000 $260,000 $585,000 $111,000 $371,000
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
Not applicable 4,838 $1,079,050,000 $223,000 $1,265,000 $89,000 $1,264,000
Debt-To-Income Ratio 97 $23,785,000 $245,000 $1,735,000 $70,000 $498,000
Unverifiable Information 91 $23,515,000 $258,000 $1,455,000 $95,000 $661,000
Collateral 85 $16,565,000 $194,000 $485,000 $85,000 $373,000
Credit History 44 $9,860,000 $224,000 $485,000 $84,000 $240,000
Credit Application Incomplete 40 $8,150,000 $203,000 $405,000 $132,000 $1,500,000
Insufficient Cash (Downpayment, Closing Cost) 28 $5,460,000 $195,000 $355,000 $68,000 $181,000
Other 15 $3,685,000 $245,000 $475,000 $95,000 $221,000
Employment History 10 $2,390,000 $239,000 $405,000 $59,000 $159,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Hamilton Home Loans, Inc.'s 2019 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 Hamilton Home Loans, Inc.'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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