Insignia Capital Corp. Mortgage Lending & HMDA Data, 2023

In 2023, Insignia Capital Corp. of Beverly Hills, CA reported 111 mortgage applications totaling $49.1 million. The average application was for $442,657, and applicants reported an average income of $246,954. 67% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (51), San Jose-Sunnyvale-Santa Clara, CA (16) and Riverside-San Bernardino-Ontario, CA (10) (applications in parentheses).

Mortgage Company & Address Insignia Capital Corp.
9665 Wilshire Blvd Suite M50
Beverly Hills, CA 90212
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  
Total Number of Mortgage Applications 111
Total Mortgage Loan Application Amount $49,135,000
Average Mortgage Loan Application Amount $442,657
Highest Mortgage Loan Application Amount $2,255,000
Average Applicant Income $246,954
Highest Applicant Income $1,020,000

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 filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for Insignia Capital Corp. in 2023

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 46 $30,420,000 $661,000 $2,255,000 $286,000 $1,020,000
Cash-out Refinancing 33 $9,975,000 $302,000 $1,255,000 $231,000 $762,000
Refinancing 31 $8,665,000 $279,000 $1,105,000 $206,000 $420,000
Home Improvement 1 $75,000 $75,000 $75,000 $0 $0
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
Not applicable 55 $29,935,000 $544,000 $2,205,000 $0 $0
White 21 $10,745,000 $511,000 $2,255,000 $374,000 $1,020,000
Hispanic 14 $3,910,000 $279,000 $585,000 $144,000 $240,000
Black or African American 11 $2,635,000 $239,000 $775,000 $149,000 $420,000
Not Provided 2 $700,000 $350,000 $585,000 $72,000 $120,000
Asian 2 $370,000 $185,000 $325,000 $270,000 $300,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 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) 111 $49,135,000 $442,000 $2,255,000 $234,000 $1,020,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 74 $37,160,000 $502,000 $2,255,000 $301,000 $1,020,000
Application Withdrawn By Applicant 25 $8,615,000 $344,000 $1,185,000 $154,000 $360,000
File Closed For Incompleteness 10 $2,720,000 $272,000 $775,000 $168,000 $360,000
Application Approved But Not Accepted 1 $415,000 $415,000 $415,000 $0 $0
Application Denied By Financial Institution 1 $225,000 $225,000 $225,000 $60,000 $60,000
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 110 $48,910,000 $444,000 $2,255,000 $238,000 $1,020,000
Debt-To-Income Ratio 1 $225,000 $225,000 $225,000 $60,000 $60,000
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
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Insignia Capital Corp.'s 2023 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 Insignia Capital Corp.'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 California, download the full spreadsheet with aggregated HMDA statistics today.

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