Hps Mortgage Services, LLC Mortgage Lending & HMDA Data, 2005
In 2005, Hps Mortgage Services, LLC of Birmingham, AL reported 262 mortgage applications totaling $35.5 million, up 118% from 2004. The average application was for $135,664, and applicants reported an average income of $58,870. 77% of its applications resulted in an originated loan and 3% were denied. Its largest market was Fayetteville, NC (149).
| 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 | 262 |
| Total Mortgage Loan Application Amount | $35,544,000 |
| Average Mortgage Loan Application Amount | $135,664 |
| Highest Mortgage Loan Application Amount | $312,000 |
| Average Applicant Income | $58,870 |
| Highest Applicant Income | $235,000 |
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records Hps Mortgage Services, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
Mortgage Loan Application Detail Totals for Hps Mortgage Services, LLC in 2005
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 | 255 | $35,007,000 | $138,000 | $312,000 | $55,500 | $235,000 |
| Refinancing | 7 | $537,000 | $76,000 | $124,000 | $63,000 | $92,000 |
| 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 | 161 | $21,792,000 | $135,500 | $293,000 | $55,500 | $235,000 |
| Black or African American | 65 | $9,387,000 | $146,000 | $312,000 | $64,500 | $165,000 |
| Hispanic | 23 | $2,862,000 | $128,000 | $196,000 | $53,000 | $81,000 |
| Asian | 7 | $978,000 | $125,000 | $227,000 | $56,000 | $92,000 |
| American Indian or Alaskan Native | 4 | $335,000 | $83,000 | $95,000 | $32,000 | $50,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $190,000 | $95,000 | $121,000 | $41,000 | $46,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Provided | 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 | $25,374,000 | $142,500 | $312,000 | $55,500 | $154,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 78 | $9,332,000 | $131,000 | $293,000 | $60,000 | $235,000 |
| FHA-insured (Federal Housing Administration) | 8 | $838,000 | $103,000 | $147,000 | $47,000 | $69,000 |
| 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 | 203 | $27,963,000 | $150,000 | $312,000 | $61,000 | $235,000 |
| Preapproval Denied by Financial Institution | 26 | $3,413,000 | $131,000 | $198,000 | $47,000 | $93,000 |
| Preapproval Approved but not Accepted | 9 | $1,277,000 | $141,000 | $280,000 | $58,000 | $84,000 |
| Application Denied By Financial Institution | 9 | $1,059,000 | $101,000 | $216,000 | $50,500 | $165,000 |
| File Closed For Incompleteness | 8 | $945,000 | $148,500 | $200,000 | $69,000 | $113,000 |
| Application Approved But Not Accepted | 7 | $887,000 | $131,500 | $193,000 | $59,500 | $92,000 |
| Application Withdrawn By Applicant | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 22 | $2,717,000 | $109,000 | $192,000 | $38,000 | $93,000 |
| Debt-To-Income Ratio | 6 | $966,000 | $164,000 | $216,000 | $61,500 | $87,000 |
| Collateral | 3 | $248,000 | $75,500 | $149,000 | $54,500 | $96,000 |
| Unverifiable Information | 2 | $322,000 | $161,000 | $194,000 | $106,000 | $165,000 |
| Employment History | 2 | $219,000 | $109,000 | $129,000 | $34,000 | $43,000 |
| 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 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Hps Mortgage Services, LLC's 2005 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