Homeowners Loan Corporation Mortgage Lending & HMDA Data, 2004
In 2004, Homeowners Loan Corporation of Atlanta, GA reported 161,594 mortgage applications totaling $18.5 billion, up 10% from 2003. The average application was for $114,516, and applicants reported an average income of $42,389. 5% of its applications resulted in an originated loan and 32% were denied. Its largest markets were Atlanta-Sandy Springs-Marietta, GA (5,197), Phoenix-Mesa-Scottsdale, AZ (2,720) and Philadelphia, PA (2,509) (applications in parentheses).
| Mortgage Company & Address | Homeowners Loan Corporation 4501 Circle 75 Parkway, Suite D-4300 Atlanta, GA 30339 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 161,594 |
| Total Mortgage Loan Application Amount | $18,505,244,000 |
| Average Mortgage Loan Application Amount | $114,516 |
| Highest Mortgage Loan Application Amount | $1,300,000 |
| Average Applicant Income | $42,389 |
| Highest Applicant Income | $1,365,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Homeowners Loan Corporation filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for Homeowners Loan Corporation in 2004
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 | 157,963 | $18,217,697,000 | $120,307 | $1,300,000 | $43,826 | $1,365,000 |
| Home Purchase | 3,617 | $285,706,000 | $84,395 | $900,000 | $35,500 | $360,000 |
| Home Improvement | 14 | $1,841,000 | $121,333 | $500,000 | $61,888 | $139,000 |
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 | 77,915 | $8,994,865,000 | $118,549 | $1,300,000 | $43,705 | $1,365,000 |
| Not Provided | 35,759 | $3,999,937,000 | $117,060 | $952,000 | $42,880 | $960,000 |
| Black or African American | 33,392 | $3,270,477,000 | $113,319 | $945,000 | $39,595 | $842,000 |
| Hispanic | 9,172 | $1,348,516,000 | $117,191 | $990,000 | $41,851 | $960,000 |
| Asian | 2,467 | $514,019,000 | $151,600 | $980,000 | $52,800 | $589,000 |
| American Indian or Alaskan Native | 2,167 | $236,010,000 | $102,653 | $851,000 | $42,755 | $758,000 |
| Native Hawaiian or Other Pacific Islander | 722 | $141,420,000 | $136,090 | $765,000 | $56,522 | $900,000 |
| 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) | 161,577 | $18,503,501,000 | $119,576 | $1,300,000 | $43,115 | $1,365,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 12 | $1,309,000 | $106,000 | $200,000 | $60,000 | $162,000 |
| FHA-insured (Federal Housing Administration) | 4 | $214,000 | $51,333 | $72,000 | $22,666 | $33,000 |
| VA-guaranteed (Veterans Administration) | 1 | $220,000 | $220,000 | $220,000 | $64,000 | $64,000 |
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 |
|---|---|---|---|---|---|---|
| Application Approved But Not Accepted | 98,159 | $11,523,197,000 | $121,666 | $1,080,000 | $44,588 | $1,200,000 |
| Application Denied By Financial Institution | 52,417 | $5,654,803,000 | $115,137 | $1,300,000 | $40,196 | $1,365,000 |
| Loan Originated | 8,588 | $1,039,785,000 | $114,531 | $671,000 | $47,723 | $842,000 |
| File Closed For Incompleteness | 2,430 | $287,459,000 | $117,148 | $896,000 | $50,234 | $660,000 |
| Application Withdrawn By Applicant | 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 |
|---|---|---|---|---|---|---|
| Credit History | 25,531 | $2,685,523,000 | $108,900 | $1,170,000 | $37,740 | $758,000 |
| Other | 16,497 | $1,661,232,000 | $114,122 | $990,000 | $44,285 | $1,365,000 |
| Unverifiable Information | 6,342 | $778,374,000 | $125,956 | $1,300,000 | $48,413 | $1,200,000 |
| Debt-To-Income Ratio | 3,184 | $420,081,000 | $119,042 | $945,000 | $26,148 | $360,000 |
| Employment History | 445 | $54,576,000 | $110,825 | $500,000 | $37,350 | $300,000 |
| Collateral | 344 | $46,554,000 | $127,674 | $720,000 | $49,511 | $786,000 |
| Credit Application Incomplete | 74 | $8,463,000 | $112,833 | $400,000 | $45,266 | $335,000 |
| 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 Homeowners Loan Corporation's 2004 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 Homeowners Loan Corporation'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 Georgia, 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