Hps Mortgage Services, LLC Mortgage Lending & HMDA Data, 2006
In 2006, Hps Mortgage Services, LLC of Birmingham, AL reported 232 mortgage applications totaling $34.6 million, down 11% from 2005. The average application was for $149,262, and applicants reported an average income of $62,862. 69% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Fayetteville, NC (112) and Durham, NC (1).
| Mortgage Company & Address | Hps Mortgage Services, LLC 1900 Crestwood Boulevard Birmingham, AL 35210 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2006 2005 2004 |
| Total Number of Mortgage Applications | 232 |
| Total Mortgage Loan Application Amount | $34,629,000 |
| Average Mortgage Loan Application Amount | $149,262 |
| Highest Mortgage Loan Application Amount | $620,000 |
| Average Applicant Income | $62,862 |
| Highest Applicant Income | $176,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Hps Mortgage Services, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Cumberland, North Carolina | 95 | $ 13,634,000 | $ 143,515 | $ 64,000 |
| Harnett, North Carolina | 47 | $ 7,715,000 | $ 164,148 | $ 68,000 |
| Hoke, North Carolina | 17 | $ 2,541,000 | $ 149,470 | $ 56,000 |
| Lee, North Carolina | 6 | $ 947,000 | $ 157,833 | $ 83,000 |
| Orange, North Carolina | 1 | $ 260,000 | $ 260,000 | $ 144,000 |
| Robeson, North Carolina | 1 | $ 66,000 | $ 66,000 | $ 32,000 |
| Sampson, North Carolina | 1 | $ 159,000 | $ 159,000 | $ 58,000 |
Mortgage Loan Application Detail Totals for Hps Mortgage Services, LLC in 2006
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 | 231 | $34,563,000 | $149,000 | $620,000 | $63,000 | $176,000 |
| Refinancing | 1 | $66,000 | $66,000 | $66,000 | $31,000 | $31,000 |
| 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 | 136 | $19,266,000 | $141,000 | $331,000 | $61,000 | $144,000 |
| Black or African American | 64 | $9,506,000 | $148,000 | $214,000 | $60,000 | $112,000 |
| Hispanic | 17 | $2,917,000 | $171,000 | $325,000 | $63,000 | $107,000 |
| Asian | 10 | $2,414,000 | $241,000 | $620,000 | $112,000 | $176,000 |
| American Indian or Alaskan Native | 4 | $444,000 | $111,000 | $170,000 | $42,000 | $68,000 |
| Not Provided | 1 | $82,000 | $82,000 | $82,000 | $35,000 | $35,000 |
| 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 |
|---|---|---|---|---|---|---|
| VA-guaranteed (Veterans Administration) | 176 | $27,261,000 | $154,000 | $331,000 | $60,000 | $147,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 47 | $6,589,000 | $140,000 | $620,000 | $76,000 | $176,000 |
| FHA-insured (Federal Housing Administration) | 9 | $779,000 | $86,000 | $119,000 | $38,000 | $56,000 |
| 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 | 159 | $23,786,000 | $149,000 | $331,000 | $65,000 | $167,000 |
| Preapproval Denied by Financial Institution | 47 | $6,112,000 | $130,000 | $210,000 | $50,000 | $125,000 |
| Application Denied By Financial Institution | 9 | $1,051,000 | $116,000 | $194,000 | $43,000 | $94,000 |
| Preapproval Approved but not Accepted | 7 | $1,432,000 | $204,000 | $620,000 | $85,000 | $176,000 |
| Application Withdrawn By Applicant | 5 | $1,294,000 | $258,000 | $620,000 | $110,000 | $176,000 |
| Application Approved But Not Accepted | 4 | $829,000 | $207,000 | $260,000 | $79,000 | $144,000 |
| File Closed For Incompleteness | 1 | $125,000 | $125,000 | $125,000 | $38,000 | $38,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 31 | $3,682,000 | $118,000 | $187,000 | $46,000 | $92,000 |
| Debt-To-Income Ratio | 25 | $3,481,000 | $139,000 | $210,000 | $53,000 | $125,000 |
| 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 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Hps Mortgage Services, LLC's 2006 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 Hps Mortgage Services, 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.
For a list of all lenders in Alabama, 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