Infinity Equity Group, Inc. Mortgage Lending & HMDA Data, 2022

In 2022, Infinity Equity Group, Inc. of Redding, CA reported 384 mortgage applications totaling $138.0 million, down 54% from 2021. The average application was for $359,244, and applicants reported an average income of $135,281. 85% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Redding, CA (195), Reno, NV (97) and Phoenix-Mesa-Scottsdale, AZ (10) (applications in parentheses).

Mortgage Company & Address Infinity Equity Group, Inc.
2285 Hilltop Dr Suite 100
Redding, CA 96002
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  
Total Number of Mortgage Applications 384
Total Mortgage Loan Application Amount $137,950,000
Average Mortgage Loan Application Amount $359,244
Highest Mortgage Loan Application Amount $1,405,000
Average Applicant Income $135,281
Highest Applicant Income $997,000

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records Infinity Equity Group, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Infinity Equity Group, Inc. by County in 2022

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Shasta, California 195 $ 60,295,000 $ 309,205 $ 119,000
Washoe, Nevada 97 $ 43,445,000 $ 447,886 $ 147,000
Tehama, California 16 $ 4,460,000 $ 278,750 $ 111,000
Maricopa, Arizona 10 $ 3,420,000 $ 342,000 $ 93,000
Siskiyou, California 7 $ 2,595,000 $ 370,714 $ 279,000
Carson City, Nevada 7 $ 2,965,000 $ 423,571 $ 98,000
Butte, California 6 $ 2,490,000 $ 415,000 $ 225,000
Sonoma, California 4 $ 2,020,000 $ 505,000 $ 113,000
Lassen, California 3 $ 405,000 $ 135,000 $ 117,000
Lyon, Nevada 3 $ 1,125,000 $ 375,000 $ 127,000
Modoc, California 2 $ 550,000 $ 275,000 $ 133,000
Nevada, California 2 $ 680,000 $ 340,000 $ 110,000
Orange, California 2 $ 1,870,000 $ 935,000 $ 210,000
San Diego, California 2 $ 1,070,000 $ 535,000 $ 119,000
Twin Falls, Idaho 2 $ 760,000 $ 380,000 $ 116,000
Churchill, Nevada 2 $ 840,000 $ 420,000 $ 315,000
Klamath, Oregon 2 $ 400,000 $ 200,000 $ 275,000
Pima, Arizona 1 $ 145,000 $ 145,000 $ 48,000
Contra Costa, California 1 $ 525,000 $ 525,000 $ 111,000
Fresno, California 1 $ 405,000 $ 405,000 $ 215,000
Humboldt, California 1 $ 355,000 $ 355,000 $ 206,000
Imperial, California 1 $ 135,000 $ 135,000 $ 364,000
Lake, California 1 $ 235,000 $ 235,000 $ 83,000
Marin, California 1 $ 1,405,000 $ 1,405,000 $ 330,000
Riverside, California 1 $ 295,000 $ 295,000 $ 57,000
San Joaquin, California 1 $ 565,000 $ 565,000 $ 151,000
San Luis Obispo, California 1 $ 555,000 $ 555,000 $ 143,000
Solano, California 1 $ 465,000 $ 465,000 $ 158,000
Sutter, California 1 $ 195,000 $ 195,000 $ 351,000
Clark, Nevada 1 $ 465,000 $ 465,000 $ 140,000
Pershing, Nevada 1 $ 145,000 $ 145,000 $ 60,000
Curry, Oregon 1 $ 345,000 $ 345,000 $ 60,000
Lane, Oregon 1 $ 315,000 $ 315,000 $ 213,000
Dallas, Texas 1 $ 335,000 $ 335,000 $ 87,000
Galveston, Texas 1 $ 145,000 $ 145,000 $ 113,000
Grayson, Texas 1 $ 425,000 $ 425,000 $ 667,000
Benton, Washington 1 $ 165,000 $ 165,000 $ 244,000
Clark, Washington 1 $ 535,000 $ 535,000 $ 136,000

Mortgage Loan Application Detail Totals for Infinity Equity Group, Inc. in 2022

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 258 $98,440,000 $381,000 $1,225,000 $139,000 $997,000
Cash-out Refinancing 86 $24,710,000 $287,000 $755,000 $109,000 $910,000
Refinancing 31 $11,355,000 $366,000 $1,405,000 $175,000 $685,000
Home Improvement 9 $3,445,000 $382,000 $645,000 $143,000 $400,000
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 256 $88,970,000 $347,000 $1,225,000 $125,000 $685,000
Not Provided 87 $33,615,000 $386,000 $1,405,000 $172,000 $997,000
Hispanic 20 $7,570,000 $378,000 $645,000 $134,000 $478,000
Asian 12 $5,030,000 $419,000 $615,000 $127,000 $258,000
American Indian or Alaskan Native 6 $1,790,000 $298,000 $515,000 $82,000 $159,000
Black or African American 3 $975,000 $325,000 $535,000 $98,000 $136,000
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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 364 $129,660,000 $356,000 $1,405,000 $136,000 $997,000
VA-guaranteed (Veterans Administration) 17 $7,655,000 $450,000 $825,000 $123,000 $330,000
FHA-insured (Federal Housing Administration) 3 $635,000 $211,000 $325,000 $88,000 $141,000
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 325 $116,875,000 $359,000 $1,405,000 $140,000 $997,000
Application Withdrawn By Applicant 59 $21,075,000 $357,000 $895,000 $108,000 $556,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 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
Not applicable 384 $137,950,000 $359,000 $1,405,000 $135,000 $997,000
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
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Infinity Equity Group, Inc.'s 2022 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 Infinity Equity Group, 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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