Home Consultants Mortgage Lending & HMDA Data, 2003
In 2003, Home Consultants of Lake Ariel, PA reported 1,709 mortgage applications totaling $228.2 million. The average application was for $133,502, and applicants reported an average income of $59,521. 84% of its applications resulted in an originated loan and 4% were denied. Its largest markets were New York, NY (199), Syracuse, NY (195) and Scranton--Wilkes-Barre--Hazleton, PA (165) (applications in parentheses).
| Mortgage Company & Address | Home Consultants 473 Easton Turnpike Ste A Lake Ariel, PA 18436 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,709 |
| Total Mortgage Loan Application Amount | $228,156,000 |
| Average Mortgage Loan Application Amount | $133,502 |
| Highest Mortgage Loan Application Amount | $945,000 |
| Average Applicant Income | $59,521 |
| Highest Applicant Income | $878,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Home Consultants filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| New York, NY | 199 | $ 50,396,000 | $ 253,246 | $ 69,000 |
| Syracuse, NY | 195 | $ 14,582,000 | $ 74,779 | $ 50,000 |
| Scranton--Wilkes-Barre--Hazleton, PA | 165 | $ 15,714,000 | $ 95,236 | $ 79,000 |
| Detroit, MI | 109 | $ 10,055,000 | $ 92,247 | $ 73,000 |
| Utica-Rome, NY | 95 | $ 6,829,000 | $ 71,884 | $ 42,000 |
| Charlotte-Gastonia-Rock Hill, NC-SC | 83 | $ 9,450,000 | $ 113,855 | $ 44,000 |
| Nassau-Suffolk, NY | 76 | $ 18,959,000 | $ 249,460 | $ 88,000 |
| Binghamton, NY | 44 | $ 4,012,000 | $ 91,181 | $ 48,000 |
| Newark, NJ | 41 | $ 8,332,000 | $ 203,219 | $ 86,000 |
| Albuquerque, NM | 39 | $ 4,252,000 | $ 109,025 | $ 41,000 |
| Houston, TX | 36 | $ 7,129,000 | $ 198,027 | $ 87,000 |
| Saginaw-Bay City-Midland, MI | 34 | $ 2,880,000 | $ 84,705 | $ 70,000 |
| Tampa-St. Petersburg-Clearwater, FL | 34 | $ 3,258,000 | $ 95,823 | $ 43,000 |
| Middlesex-Somerset-Hunterdon, NJ | 28 | $ 5,288,000 | $ 188,857 | $ 67,000 |
| Rochester, NY | 26 | $ 2,538,000 | $ 97,615 | $ 64,000 |
| Albany-Schenectady-Troy, NY | 24 | $ 2,153,000 | $ 89,708 | $ 50,000 |
| Fort Myers-Cape Coral, FL | 22 | $ 2,670,000 | $ 121,363 | $ 58,000 |
| Hickory-Morganton-Lenoir, NC | 21 | $ 2,077,000 | $ 98,904 | $ 30,000 |
| Monmouth-Ocean, NJ | 17 | $ 4,200,000 | $ 247,058 | $ 84,000 |
| Chicago, IL | 16 | $ 2,406,000 | $ 150,375 | $ 39,000 |
| Buffalo-Niagara Falls, NY | 15 | $ 1,577,000 | $ 105,133 | $ 44,000 |
| Philadelphia, PA-NJ | 15 | $ 2,389,000 | $ 159,266 | $ 50,000 |
| Trenton, NJ | 14 | $ 1,375,000 | $ 98,214 | $ 48,000 |
| Sarasota-Bradenton, FL | 12 | $ 1,634,000 | $ 136,166 | $ 74,000 |
| Wilmington, NC | 10 | $ 857,000 | $ 85,700 | $ 34,000 |
| Wilmington-Newark, DE-MD | 10 | $ 1,540,000 | $ 154,000 | $ 99,000 |
| Bergen-Passaic, NJ | 8 | $ 1,745,000 | $ 218,125 | $ 82,000 |
| Newburgh, NY-PA | 8 | $ 1,583,000 | $ 197,875 | $ 81,000 |
| Fort Lauderdale, FL | 7 | $ 1,144,000 | $ 163,428 | $ 62,000 |
| Dutchess County, NY | 6 | $ 1,196,000 | $ 199,333 | $ 34,000 |
| Flint, MI | 6 | $ 646,000 | $ 107,666 | $ 41,000 |
| Jackson, MI | 6 | $ 407,000 | $ 67,833 | $ 26,000 |
| Naples, FL | 5 | $ 645,000 | $ 129,000 | $ 58,000 |
| Washington, DC-MD-VA-WV | 5 | $ 679,000 | $ 135,800 | $ 79,000 |
| Allentown-Bethlehem-Easton, PA | 4 | $ 474,000 | $ 118,500 | $ 61,000 |
| West Palm Beach-Boca Raton, FL | 4 | $ 644,000 | $ 161,000 | $ 70,000 |
| Atlantic-Cape May, NJ | 3 | $ 549,000 | $ 183,000 | $ 63,000 |
| Greensboro--Winston-Salem--High Point, NC | 3 | $ 355,000 | $ 118,333 | $ 58,000 |
| Harrisburg-Lebanon-Carlisle, PA | 3 | $ 438,000 | $ 146,000 | $ 54,000 |
| Nashville, TN | 3 | $ 369,000 | $ 123,000 | $ 8,000 |
| Pittsburgh, PA | 3 | $ 322,000 | $ 107,333 | $ 47,000 |
| Raleigh-Durham-Chapel Hill, NC | 3 | $ 354,000 | $ 118,000 | $ 32,000 |
| Ann Arbor, MI | 2 | $ 321,000 | $ 160,500 | $ 82,000 |
| Baltimore, MD | 2 | $ 306,000 | $ 153,000 | $ 36,000 |
| Bridgeport, CT | 2 | $ 550,000 | $ 275,000 | $ 68,000 |
| Erie, PA | 2 | $ 94,000 | $ 47,000 | $ 36,000 |
| Jersey City, NJ | 2 | $ 451,000 | $ 225,500 | $ 122,000 |
| Los Angeles-Long Beach, CA | 2 | $ 1,070,000 | $ 535,000 | $ 158,000 |
| Miami, FL | 2 | $ 218,000 | $ 109,000 | $ 46,000 |
| Minneapolis-St. Paul, MN-WI | 2 | $ 284,000 | $ 142,000 | $ 44,000 |
| New Haven-Meriden, CT | 2 | $ 377,000 | $ 188,500 | $ 68,000 |
| Norfolk-Virginia Beach-Newport News, VA-NC | 2 | $ 482,000 | $ 241,000 | $ 98,000 |
| Orlando, FL | 2 | $ 227,000 | $ 113,500 | $ 61,000 |
| Stamford-Norwalk, CT | 2 | $ 279,000 | $ 139,500 | $ 108,000 |
| Altoona, PA | 1 | $ 56,000 | $ 56,000 | $ 22,000 |
| Boston, MA-NH | 1 | $ 236,000 | $ 236,000 | $ 878,000 |
| Brazoria, TX | 1 | $ 98,000 | $ 98,000 | $ 64,000 |
| Champaign-Urbana, IL | 1 | $ 120,000 | $ 120,000 | $ 41,000 |
| Columbia, SC | 1 | $ 98,000 | $ 98,000 | $ 0 |
| Daytona Beach, FL | 1 | $ 98,000 | $ 98,000 | $ 50,000 |
| Gary, IN | 1 | $ 54,000 | $ 54,000 | $ 34,000 |
| Indianapolis, IN | 1 | $ 139,000 | $ 139,000 | $ 60,000 |
| Jacksonville, FL | 1 | $ 69,000 | $ 69,000 | $ 50,000 |
| Lakeland-Winter Haven, FL | 1 | $ 147,000 | $ 147,000 | $ 78,000 |
| Lancaster, PA | 1 | $ 65,000 | $ 65,000 | $ 52,000 |
| Lansing-East Lansing, MI | 1 | $ 136,000 | $ 136,000 | $ 54,000 |
| Las Cruces, NM | 1 | $ 101,000 | $ 101,000 | $ 28,000 |
| Melbourne-Titusville-Palm Bay, FL | 1 | $ 69,000 | $ 69,000 | $ 173,000 |
| New London-Norwich, CT-RI | 1 | $ 88,000 | $ 88,000 | $ 30,000 |
| Oakland, CA | 1 | $ 304,000 | $ 304,000 | $ 64,000 |
| Reading, PA | 1 | $ 95,000 | $ 95,000 | $ 36,000 |
| Salinas, CA | 1 | $ 260,000 | $ 260,000 | $ 100,000 |
| San Antonio, TX | 1 | $ 79,000 | $ 79,000 | $ 42,000 |
| San Jose, CA | 1 | $ 427,000 | $ 427,000 | $ 216,000 |
| Santa Fe, NM | 1 | $ 191,000 | $ 191,000 | $ 64,000 |
| St. Louis, MO-IL | 1 | $ 55,000 | $ 55,000 | $ 20,000 |
| Vallejo-Fairfield-Napa, CA | 1 | $ 230,000 | $ 230,000 | $ 56,000 |
| Vineland-Millville-Bridgeton, NJ | 1 | $ 121,000 | $ 121,000 | $ 44,000 |
| Waterbury, CT | 1 | $ 554,000 | $ 554,000 | $ 173,000 |
Mortgage Loan Application Detail Totals for Home Consultants in 2003
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 (one-to-four family) | 1,125 | $147,559,000 | $151,150 | $945,000 | $102,300 | $878,000 |
| Refinancing (home purchase or home improvement, one-to-four family) | 580 | $80,037,000 | $144,947 | $672,000 | $54,263 | $520,000 |
| Home Improvement (one-to-four family) | 2 | $145,000 | $72,000 | $85,000 | $36,000 | $42,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 2 | $415,000 | $207,500 | $269,000 | $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 | 1,174 | $135,698,000 | $140,904 | $945,000 | $100,190 | $878,000 |
| Black | 224 | $37,198,000 | $160,066 | $524,000 | $68,066 | $287,000 |
| Hispanic | 141 | $24,386,000 | $162,615 | $650,000 | $60,076 | $213,000 |
| Information not provided by applicant in mail or telephone application | 90 | $13,761,000 | $130,384 | $558,000 | $38,461 | $180,000 |
| Other | 48 | $12,197,000 | $188,000 | $486,000 | $55,000 | $176,000 |
| Asian or Pacific Islander | 23 | $3,878,000 | $144,571 | $356,000 | $66,857 | $396,000 |
| American Indian or Alaskan Native | 9 | $1,038,000 | $110,500 | $352,000 | $42,000 | $111,000 |
| 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) | 941 | $143,207,000 | $155,666 | $945,000 | $102,809 | $878,000 |
| FHA-insured (Federal Housing Administration) | 737 | $81,594,000 | $117,235 | $492,000 | $45,235 | $626,000 |
| VA-guaranteed (Veterans Administration) | 31 | $3,355,000 | $119,250 | $171,000 | $33,500 | $113,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 1,431 | $182,591,000 | $159,600 | $945,000 | $101,500 | $878,000 |
| Application Withdrawn By Applicant | 193 | $33,742,000 | $146,272 | $587,000 | $53,636 | $229,000 |
| Application Denied By Financial Institution | 73 | $10,153,000 | $138,727 | $427,000 | $84,454 | $626,000 |
| Application Approved But Not Accepted | 7 | $864,000 | $126,400 | $260,000 | $46,800 | $122,000 |
| File Closed For Incompleteness | 5 | $806,000 | $186,000 | $342,000 | $50,500 | $82,000 |
| Loan Purchased By The 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 |
|---|---|---|---|---|---|---|
| Collateral | 11 | $2,136,000 | $228,666 | $427,000 | $102,000 | $216,000 |
| Credit History | 5 | $480,000 | $121,000 | $221,000 | $244,666 | $626,000 |
| Debt-To-Income Ratio | 4 | $295,000 | $67,000 | $98,000 | $53,000 | $120,000 |
| Other | 4 | $643,000 | $139,500 | $375,000 | $50,000 | $68,000 |
| Unverifiable Information | 3 | $472,000 | $157,333 | $216,000 | $88,000 | $144,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $60,000 | $60,000 | $60,000 | $38,000 | $38,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Home Consultants's 2003 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 Home Consultants'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.
For a list of all lenders in Pennsylvania, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About