Inspire Home Loans Inc. Mortgage Lending & HMDA Data, 2023

In 2023, Inspire Home Loans Inc. of Newport Beach, CA reported 7,902 mortgage applications totaling $2.7 billion, down 13% from 2022. The average application was for $346,898, and applicants reported an average income of $117,991. 69% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Phoenix-Mesa-Scottsdale, AZ (790), Atlanta-Sandy Springs-Roswell, GA (725) and Houston-The Woodlands-Sugar Land, TX (517) (applications in parentheses).

Mortgage Company & Address Inspire Home Loans Inc.
4695 Macarthur Court Suite 350
Newport Beach, CA 92660
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  
Total Number of Mortgage Applications 7,902
Total Mortgage Loan Application Amount $2,741,190,000
Average Mortgage Loan Application Amount $346,898
Highest Mortgage Loan Application Amount $1,185,000
Average Applicant Income $117,991
Highest Applicant Income $7,303,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Inspire Home Loans Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Inspire Home Loans Inc. by County in 2023

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Maricopa, Arizona 460 $ 160,650,000 $ 349,239 $ 96,000
Clark, Nevada 439 $ 194,935,000 $ 444,043 $ 145,000
Pinal, Arizona 330 $ 93,710,000 $ 283,969 $ 84,000
Montgomery, Texas 297 $ 73,805,000 $ 248,501 $ 95,000
Bexar, Texas 273 $ 75,085,000 $ 275,036 $ 98,000
Douglas, Colorado 264 $ 131,890,000 $ 499,583 $ 160,000
Mecklenburg, North Carolina 238 $ 86,950,000 $ 365,336 $ 149,000
Fresno, California 175 $ 73,855,000 $ 422,028 $ 120,000
Harris, Texas 171 $ 50,555,000 $ 295,643 $ 142,000
Dawson, Georgia 134 $ 46,590,000 $ 347,686 $ 163,000
Travis, Texas 121 $ 39,085,000 $ 323,016 $ 125,000
Snohomish, Washington 118 $ 62,650,000 $ 530,932 $ 147,000
Mohave, Arizona 117 $ 25,805,000 $ 220,555 $ 100,000
Rutherford, Tennessee 115 $ 51,785,000 $ 450,304 $ 118,000
Arapahoe, Colorado 105 $ 61,385,000 $ 584,619 $ 169,000
Thurston, Washington 101 $ 48,905,000 $ 484,207 $ 137,000
San Bernardino, California 89 $ 43,855,000 $ 492,752 $ 159,000
Davidson, North Carolina 87 $ 20,105,000 $ 231,091 $ 78,000
Paulding, Georgia 84 $ 28,780,000 $ 342,619 $ 113,000
Bartow, Georgia 80 $ 20,380,000 $ 254,750 $ 84,000
Davie, North Carolina 77 $ 17,225,000 $ 223,701 $ 73,000
Kitsap, Washington 75 $ 35,695,000 $ 475,933 $ 152,000
Madera, California 74 $ 28,590,000 $ 386,351 $ 127,000
Solano, California 74 $ 46,710,000 $ 631,216 $ 175,000
Oakland, Michigan 73 $ 18,285,000 $ 250,479 $ 98,000
Guadalupe, Texas 73 $ 22,175,000 $ 303,767 $ 133,000
Charlotte, Florida 72 $ 19,470,000 $ 270,416 $ 100,000
Nassau, Florida 72 $ 19,620,000 $ 272,500 $ 95,000
Sumter, Florida 72 $ 18,110,000 $ 251,527 $ 85,000
Florence, South Carolina 72 $ 16,730,000 $ 232,361 $ 82,000
Weld, Colorado 71 $ 36,365,000 $ 512,183 $ 160,000
Williamson, Texas 69 $ 20,965,000 $ 303,840 $ 112,000
Fulton, Georgia 67 $ 28,525,000 $ 425,746 $ 135,000
Nash, North Carolina 67 $ 17,225,000 $ 257,089 $ 97,000
Utah, Utah 66 $ 34,980,000 $ 530,000 $ 156,000
Cherokee, South Carolina 64 $ 13,960,000 $ 218,125 $ 77,000
Polk, Florida 63 $ 17,895,000 $ 284,047 $ 78,000
Meriwether, Georgia 62 $ 16,380,000 $ 264,193 $ 99,000
York, South Carolina 61 $ 19,285,000 $ 316,147 $ 144,000
Genesee, Michigan 59 $ 14,525,000 $ 246,186 $ 84,000
Hernando, Florida 55 $ 14,345,000 $ 260,818 $ 85,000
Pierce, Washington 55 $ 30,165,000 $ 548,454 $ 163,000
Citrus, Florida 54 $ 12,210,000 $ 226,111 $ 78,000
Lee, Florida 54 $ 15,460,000 $ 286,296 $ 98,000
Merced, California 53 $ 24,845,000 $ 468,773 $ 149,000
Bastrop, Texas 53 $ 15,905,000 $ 300,094 $ 94,000
Wayne, Michigan 52 $ 15,590,000 $ 299,807 $ 105,000
Riverside, California 51 $ 24,805,000 $ 486,372 $ 147,000
El Paso, Colorado 50 $ 22,710,000 $ 454,200 $ 125,000
Cherokee, Georgia 50 $ 24,330,000 $ 486,600 $ 169,000
Adams, Colorado 49 $ 25,585,000 $ 522,142 $ 159,000
Brevard, Florida 49 $ 12,345,000 $ 251,938 $ 236,000
DeKalb, Georgia 48 $ 25,800,000 $ 537,500 $ 188,000
Houston, Georgia 48 $ 11,160,000 $ 232,500 $ 84,000
Bibb, Georgia 46 $ 9,420,000 $ 204,782 $ 86,000
Union, North Carolina 45 $ 15,235,000 $ 338,555 $ 159,000
Yolo, California 44 $ 23,520,000 $ 534,545 $ 197,000
Forsyth, Georgia 44 $ 24,930,000 $ 566,590 $ 186,000
Gwinnett, Georgia 44 $ 20,070,000 $ 456,136 $ 155,000
Catawba, North Carolina 42 $ 11,200,000 $ 266,666 $ 113,000
Cochise, Arizona 40 $ 8,610,000 $ 215,250 $ 76,000
Lamar, Georgia 39 $ 8,505,000 $ 218,076 $ 67,000
LaPorte, Indiana 39 $ 10,815,000 $ 277,307 $ 95,000
Brazos, Texas 39 $ 9,755,000 $ 250,128 $ 111,000
Dallas, Texas 39 $ 11,725,000 $ 300,641 $ 113,000
Tulare, California 38 $ 13,920,000 $ 366,315 $ 101,000
Brunswick, North Carolina 38 $ 8,470,000 $ 222,894 $ 94,000
Spartanburg, South Carolina 38 $ 8,420,000 $ 221,578 $ 79,000
Davis, Utah 38 $ 19,950,000 $ 525,000 $ 133,000
Hall, Georgia 37 $ 10,605,000 $ 286,621 $ 143,000
Walton, Florida 35 $ 9,065,000 $ 259,000 $ 74,000
Randolph, North Carolina 34 $ 7,880,000 $ 231,764 $ 77,000
Wilson, Tennessee 34 $ 11,570,000 $ 340,294 $ 117,000
Walker, Texas 33 $ 7,575,000 $ 229,545 $ 91,000
Hardin, Kentucky 32 $ 8,900,000 $ 278,125 $ 117,000
Rowan, North Carolina 32 $ 8,310,000 $ 259,687 $ 82,000
Baker, Florida 31 $ 7,825,000 $ 252,419 $ 77,000
Clark, Indiana 31 $ 6,545,000 $ 211,129 $ 74,000
Davidson, Tennessee 31 $ 10,735,000 $ 346,290 $ 102,000
Fort Bend, Texas 31 $ 9,355,000 $ 301,774 $ 115,000
Duval, Florida 30 $ 8,920,000 $ 297,333 $ 93,000
Putnam, Florida 30 $ 7,110,000 $ 237,000 $ 79,000
Henry, Georgia 30 $ 15,100,000 $ 503,333 $ 153,000
Lenoir, North Carolina 29 $ 6,215,000 $ 214,310 $ 73,000
Santa Rosa, Florida 28 $ 7,060,000 $ 252,142 $ 83,000
Kaufman, Texas 28 $ 9,980,000 $ 356,428 $ 132,000
Jefferson, Alabama 27 $ 6,595,000 $ 244,259 $ 102,000
Sarasota, Florida 27 $ 7,425,000 $ 275,000 $ 95,000
Banks, Georgia 27 $ 8,515,000 $ 315,370 $ 148,000
Maury, Tennessee 27 $ 10,205,000 $ 377,962 $ 114,000
Bullitt, Kentucky 24 $ 5,960,000 $ 248,333 $ 89,000
San Benito, California 23 $ 16,835,000 $ 731,956 $ 217,000
Marion, Florida 23 $ 4,805,000 $ 208,913 $ 74,000
Newton, Georgia 23 $ 6,765,000 $ 294,130 $ 96,000
Rockwall, Texas 23 $ 7,205,000 $ 313,260 $ 94,000
Caldwell, North Carolina 22 $ 5,190,000 $ 235,909 $ 89,000
Flagler, Florida 21 $ 5,755,000 $ 274,047 $ 85,000
Porter, Indiana 19 $ 5,575,000 $ 293,421 $ 110,000
Elbert, Colorado 18 $ 8,420,000 $ 467,777 $ 126,000
Osceola, Florida 18 $ 5,230,000 $ 290,555 $ 84,000
Lafayette, Louisiana 18 $ 3,640,000 $ 202,222 $ 70,000
Boulder, Colorado 17 $ 10,175,000 $ 598,529 $ 200,000
Matagorda, Texas 16 $ 3,450,000 $ 215,625 $ 95,000
Broomfield, Colorado 15 $ 7,245,000 $ 483,000 $ 198,000
Jones, Georgia 15 $ 3,165,000 $ 211,000 $ 81,000
Edgecombe, North Carolina 15 $ 3,175,000 $ 211,666 $ 84,000
Gaston, North Carolina 15 $ 3,325,000 $ 221,666 $ 113,000
St. Lucie, Florida 14 $ 3,820,000 $ 272,857 $ 97,000
Camden, Georgia 14 $ 3,430,000 $ 245,000 $ 102,000
Cleveland, North Carolina 14 $ 2,660,000 $ 190,000 $ 90,000
Montgomery, Ohio 14 $ 3,260,000 $ 232,857 $ 77,000
Marshall, Alabama 13 $ 2,355,000 $ 181,153 $ 61,000
Hendry, Florida 13 $ 3,125,000 $ 240,384 $ 67,000
Suwannee, Florida 13 $ 3,195,000 $ 245,769 $ 100,000
Darlington, South Carolina 13 $ 2,635,000 $ 202,692 $ 69,000
Baldwin, Alabama 12 $ 3,160,000 $ 263,333 $ 94,000
St. Clair, Alabama 12 $ 2,690,000 $ 224,166 $ 74,000
Scott, Indiana 12 $ 2,170,000 $ 180,833 $ 66,000
Iberia, Louisiana 12 $ 2,540,000 $ 211,666 $ 81,000
Kalamazoo, Michigan 12 $ 2,970,000 $ 247,500 $ 162,000
Anderson, South Carolina 12 $ 2,740,000 $ 228,333 $ 65,000
Parker, Texas 12 $ 2,950,000 $ 245,833 $ 81,000
Walton, Georgia 11 $ 3,575,000 $ 325,000 $ 103,000
Beaufort, South Carolina 11 $ 3,205,000 $ 291,363 $ 91,000
Georgetown, South Carolina 11 $ 2,285,000 $ 207,727 $ 57,000
Liberty, Texas 11 $ 2,665,000 $ 242,272 $ 89,000
Alameda, California 10 $ 7,030,000 $ 703,000 $ 215,000
Kings, California 9 $ 3,675,000 $ 408,333 $ 126,000
Bay, Florida 9 $ 2,395,000 $ 266,111 $ 80,000
Columbia, Florida 9 $ 2,205,000 $ 245,000 $ 101,000
Delaware, Indiana 9 $ 1,985,000 $ 220,555 $ 101,000
Weber, Utah 9 $ 4,105,000 $ 456,111 $ 119,000
Whatcom, Washington 9 $ 4,655,000 $ 517,222 $ 166,000
McIntosh, Georgia 7 $ 1,845,000 $ 263,571 $ 119,000
Polk, Texas 7 $ 1,325,000 $ 189,285 $ 91,000
Waller, Texas 7 $ 1,355,000 $ 193,571 $ 58,000
Washington, Florida 6 $ 1,300,000 $ 216,666 $ 66,000
Berrien, Michigan 6 $ 1,360,000 $ 226,666 $ 94,000
Oconee, South Carolina 6 $ 1,300,000 $ 216,666 $ 59,000
Contra Costa, California 5 $ 3,555,000 $ 711,000 $ 188,000
Forsyth, North Carolina 5 $ 1,185,000 $ 237,000 $ 71,000
San Diego, California 4 $ 3,000,000 $ 750,000 $ 207,000
Collier, Florida 4 $ 1,160,000 $ 290,000 $ 73,000
Highlands, Florida 4 $ 1,050,000 $ 262,500 $ 69,000
Indian River, Florida 4 $ 1,050,000 $ 262,500 $ 87,000
Guilford, North Carolina 4 $ 970,000 $ 242,500 $ 73,000
Etowah, Alabama 3 $ 495,000 $ 165,000 $ 54,000
Los Angeles, California 3 $ 1,345,000 $ 448,333 $ 99,000
Volusia, Florida 3 $ 925,000 $ 308,333 $ 81,000
Carroll, Georgia 3 $ 845,000 $ 281,666 $ 98,000
Fayette, Georgia 3 $ 1,275,000 $ 425,000 $ 156,000
Randolph, Indiana 3 $ 565,000 $ 188,333 $ 118,000
Monroe, Michigan 3 $ 745,000 $ 248,333 $ 104,000
Van Buren, Michigan 3 $ 885,000 $ 295,000 $ 87,000
Iredell, North Carolina 3 $ 715,000 $ 238,333 $ 72,000
Wilson, North Carolina 3 $ 585,000 $ 195,000 $ 55,000
Alachua, Florida 2 $ 490,000 $ 245,000 $ 78,000
Barrow, Georgia 2 $ 790,000 $ 395,000 $ 126,000
Liberty, Georgia 2 $ 470,000 $ 235,000 $ 141,000
Clark, Ohio 2 $ 320,000 $ 160,000 $ 100,000
Jefferson, Colorado 1 $ 615,000 $ 615,000 $ 127,000
Douglas, Georgia 1 $ 265,000 $ 265,000 $ 57,000
Troup, Georgia 1 $ 245,000 $ 245,000 $ 99,000
Fayette, Indiana 1 $ 195,000 $ 195,000 $ 72,000
Wayne, Indiana 1 $ 195,000 $ 195,000 $ 98,000
Calcasieu, Louisiana 1 $ 235,000 $ 235,000 $ 123,000
Alamance, North Carolina 1 $ 275,000 $ 275,000 $ 180,000
Moore, North Carolina 1 $ 645,000 $ 645,000 $ 0
Burleson, Texas 1 $ 185,000 $ 185,000 $ 49,000
Grimes, Texas 1 $ 235,000 $ 235,000 $ 79,000
King, Washington 1 $ 1,035,000 $ 1,035,000 $ 250,000

Mortgage Loan Application Detail Totals for Inspire Home Loans Inc. 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 7,901 $2,740,915,000 $346,000 $1,185,000 $118,000 $7,303,000
Refinancing 1 $275,000 $275,000 $275,000 $48,000 $48,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Cash-out Refinancing 0 $0 $0 $0 $0 $0
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 3,006 $998,950,000 $332,000 $1,185,000 $114,000 $1,304,000
Hispanic 1,510 $514,040,000 $340,000 $1,155,000 $103,000 $783,000
Black or African American 1,151 $372,275,000 $323,000 $875,000 $108,000 $7,303,000
Not Provided 988 $342,020,000 $346,000 $905,000 $122,000 $1,074,000
Asian 714 $295,980,000 $414,000 $1,085,000 $146,000 $1,580,000
American Indian or Alaskan Native 66 $23,620,000 $357,000 $1,095,000 $110,000 $323,000
Native Hawaiian or Other Pacific Islander 18 $7,790,000 $432,000 $755,000 $121,000 $258,000
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
FHA-insured (Federal Housing Administration) 3,602 $1,202,440,000 $333,000 $975,000 $100,000 $1,074,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 2,995 $1,049,895,000 $350,000 $1,085,000 $144,000 $7,303,000
VA-guaranteed (Veterans Administration) 1,228 $468,780,000 $381,000 $1,185,000 $107,000 $505,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 77 $20,075,000 $260,000 $395,000 $83,000 $130,000

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 5,431 $1,904,675,000 $350,000 $1,155,000 $120,000 $1,580,000
Application Withdrawn By Applicant 976 $311,080,000 $318,000 $1,185,000 $126,000 $7,303,000
Application Denied By Financial Institution 736 $257,450,000 $349,000 $835,000 $84,000 $439,000
Application Approved But Not Accepted 729 $258,535,000 $354,000 $895,000 $124,000 $1,074,000
File Closed For Incompleteness 30 $9,450,000 $315,000 $705,000 $119,000 $384,000
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 7,166 $2,483,740,000 $346,000 $1,185,000 $121,000 $7,303,000
Debt-To-Income Ratio 478 $171,730,000 $359,000 $835,000 $74,000 $335,000
Other 90 $30,030,000 $333,000 $655,000 $112,000 $439,000
Credit History 85 $25,745,000 $302,000 $725,000 $95,000 $365,000
Unverifiable Information 42 $14,580,000 $347,000 $715,000 $95,000 $252,000
Employment History 23 $8,305,000 $361,000 $665,000 $87,000 $203,000
Insufficient Cash (Downpayment, Closing Cost) 7 $2,465,000 $352,000 $715,000 $132,000 $269,000
Collateral 6 $1,790,000 $298,000 $505,000 $87,000 $130,000
Credit Application Incomplete 5 $2,805,000 $561,000 $725,000 $158,000 $244,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Inspire Home Loans Inc.'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 Inspire Home Loans 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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