Infinity Equity Group, Inc. Mortgage Lending & HMDA Data, 2024

In 2024, Infinity Equity Group, Inc. of Redding, CA reported 437 mortgage applications totaling $178.4 million, up 80% from 2023. The average application was for $408,295, and applicants reported an average income of $159,732. 77% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Redding, CA (157), Reno, NV (131) and Las Vegas-Henderson-Paradise, NV (42) (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 437
Total Mortgage Loan Application Amount $178,425,000
Average Mortgage Loan Application Amount $408,295
Highest Mortgage Loan Application Amount $2,705,000
Average Applicant Income $159,732
Highest Applicant Income $1,478,000

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records Infinity Equity Group, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Metropolitan Area in 2024

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Redding, CA 157 $ 55,505,000 $ 353,535 $ 163,000
Reno, NV 131 $ 62,105,000 $ 474,083 $ 174,000
Outside any metro area 55 $ 19,245,000 $ 349,909 $ 135,563
Las Vegas-Henderson-Paradise, NV 42 $ 19,860,000 $ 472,857 $ 146,000
Santa Rosa, CA 6 $ 3,790,000 $ 631,666 $ 222,000
Boise City, ID 4 $ 1,850,000 $ 462,500 $ 102,000
Houston-The Woodlands-Sugar Land, TX 4 $ 1,240,000 $ 310,000 $ 110,000
Phoenix-Mesa-Scottsdale, AZ 4 $ 1,700,000 $ 425,000 $ 173,000
Chico, CA 3 $ 675,000 $ 225,000 $ 70,000
Grants Pass, OR 3 $ 1,025,000 $ 341,666 $ 86,000
Los Angeles-Long Beach-Glendale, CA 3 $ 1,195,000 $ 398,333 $ 221,000
Sacramento--Roseville--Arden-Arcade, CA 2 $ 1,250,000 $ 625,000 $ 322,000
Sierra Vista-Douglas, AZ 2 $ 330,000 $ 165,000 $ 64,000
Anaheim-Santa Ana-Irvine, CA 1 $ 1,005,000 $ 1,005,000 $ 460,000
Carson City, NV 1 $ 305,000 $ 305,000 $ 58,000
Crestview-Fort Walton Beach-Destin, FL 1 $ 695,000 $ 695,000 $ 179,000
Dallas-Plano-Irving, TX 1 $ 425,000 $ 425,000 $ 140,000
Jacksonville, FL 1 $ 385,000 $ 385,000 $ 109,000
Longview, TX 1 $ 355,000 $ 355,000 $ 163,000
Memphis, TN-MS-AR 1 $ 325,000 $ 325,000 $ 110,000
Modesto, CA 1 $ 655,000 $ 655,000 $ 153,000
Nashville-Davidson--Murfreesboro--Franklin, TN 1 $ 415,000 $ 415,000 $ 95,000
North Port-Sarasota-Bradenton, FL 1 $ 105,000 $ 105,000 $ 119,000
Pensacola-Ferry Pass-Brent, FL 1 $ 205,000 $ 205,000 $ 57,000
Riverside-San Bernardino-Ontario, CA 1 $ 505,000 $ 505,000 $ 115,000
San Antonio-New Braunfels, TX 1 $ 295,000 $ 295,000 $ 352,000
San Luis Obispo-Paso Robles-Arroyo Grande, CA 1 $ 815,000 $ 815,000 $ 318,000
Spartanburg, SC 1 $ 235,000 $ 235,000 $ 94,000
St. Petersburg-Clearwater-Largo, FL 1 $ 385,000 $ 385,000 $ 112,000
Sumter, SC 1 $ 215,000 $ 215,000 $ 51,000
Tucson, AZ 1 $ 165,000 $ 165,000 $ 68,000
Vallejo-Fairfield, CA 1 $ 495,000 $ 495,000 $ 270,000
Yuba City, CA 1 $ 275,000 $ 275,000 $ 99,000
Yuma, AZ 1 $ 395,000 $ 395,000 $ 183,000

Mortgage Loan Application Detail Totals for Infinity Equity Group, Inc. in 2024

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 368 $155,370,000 $422,000 $2,705,000 $164,000 $1,478,000
Cash-out Refinancing 41 $12,165,000 $296,000 $705,000 $123,000 $464,000
Refinancing 22 $8,770,000 $398,000 $705,000 $163,000 $553,000
Home Improvement 6 $2,120,000 $353,000 $725,000 $137,000 $266,000
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 333 $135,575,000 $407,000 $2,705,000 $164,000 $1,478,000
Hispanic 58 $21,520,000 $371,000 $755,000 $128,000 $738,000
Black or African American 23 $9,695,000 $421,000 $1,505,000 $131,000 $550,000
Asian 14 $6,470,000 $462,000 $905,000 $202,000 $666,000
American Indian or Alaskan Native 4 $3,220,000 $805,000 $2,305,000 $323,000 $600,000
Native Hawaiian or Other Pacific Islander 4 $1,610,000 $402,000 $755,000 $142,000 $300,000
Not Provided 1 $335,000 $335,000 $335,000 $110,000 $110,000
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) 315 $133,525,000 $423,000 $2,705,000 $176,000 $1,478,000
FHA-insured (Federal Housing Administration) 86 $30,090,000 $349,000 $705,000 $113,000 $295,000
VA-guaranteed (Veterans Administration) 33 $14,075,000 $426,000 $1,495,000 $137,000 $553,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3 $735,000 $245,000 $255,000 $81,000 $94,000

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
Loan Originated 335 $126,655,000 $378,000 $1,495,000 $156,000 $1,478,000
Application Withdrawn By Applicant 96 $48,920,000 $509,000 $2,705,000 $173,000 $600,000
File Closed For Incompleteness 3 $1,075,000 $358,000 $515,000 $155,000 $231,000
Application Denied By Financial Institution 3 $1,775,000 $591,000 $755,000 $164,000 $238,000
Application Approved But Not Accepted 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 434 $176,650,000 $407,000 $2,705,000 $160,000 $1,478,000
Collateral 2 $1,460,000 $730,000 $755,000 $191,000 $238,000
Other 1 $315,000 $315,000 $315,000 $110,000 $110,000
Unverifiable Information 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 2024 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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