Interamerican Bank, A FSB Mortgage Lending & HMDA Data, 2023
In 2023, Interamerican Bank, A FSB of Miami, FL reported 28 mortgage applications totaling $14.2 million. The average application was for $506,428, and applicants reported an average income of $201,000. 71% of its applications resulted in an originated loan and 14% were denied. Its largest markets were Miami-Miami Beach-Kendall, FL (22), Fort Lauderdale-Pompano Beach-Deerfield Beach, FL (3) and Cape Coral-Fort Myers, FL (1) (applications in parentheses).
| Mortgage Company & Address | Interamerican Bank, A FSB 9190 Sw 24 Street Miami, FL 33165 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 |
| Total Number of Mortgage Applications | 28 |
| Total Mortgage Loan Application Amount | $14,180,000 |
| Average Mortgage Loan Application Amount | $506,428 |
| Highest Mortgage Loan Application Amount | $2,995,000 |
| Average Applicant Income | $201,000 |
| Highest Applicant Income | $726,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Interamerican Bank, A FSB filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Interamerican Bank, A FSB 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 | 15 | $5,545,000 | $369,000 | $1,045,000 | $167,000 | $460,000 |
| Cash-out Refinancing | 6 | $1,600,000 | $266,000 | $445,000 | $141,000 | $235,000 |
| Refinancing | 4 | $3,690,000 | $922,000 | $1,355,000 | $436,000 | $726,000 |
| Other Purpose | 2 | $3,290,000 | $1,645,000 | $2,995,000 | $166,000 | $206,000 |
| Home Improvement | 1 | $55,000 | $55,000 | $55,000 | $0 | $0 |
| Not Applicable | 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 |
|---|---|---|---|---|---|---|
| Hispanic | 15 | $5,255,000 | $350,000 | $725,000 | $161,000 | $460,000 |
| Not applicable | 6 | $2,310,000 | $385,000 | $1,315,000 | $0 | $0 |
| White | 5 | $5,365,000 | $1,073,000 | $2,995,000 | $297,000 | $726,000 |
| American Indian or Alaskan Native | 1 | $205,000 | $205,000 | $205,000 | $110,000 | $110,000 |
| Asian | 0 | $0 | $0 | $0 | $0 | $0 |
| Black or African American | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 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 |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 28 | $14,180,000 | $506,000 | $2,995,000 | $199,000 | $726,000 |
| 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 | 20 | $7,880,000 | $394,000 | $1,355,000 | $198,000 | $726,000 |
| Application Denied By Financial Institution | 4 | $4,230,000 | $1,057,000 | $2,995,000 | $218,000 | $312,000 |
| Application Withdrawn By Applicant | 4 | $2,070,000 | $517,000 | $1,045,000 | $182,000 | $374,000 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 24 | $9,950,000 | $414,000 | $1,355,000 | $195,000 | $726,000 |
| Debt-To-Income Ratio | 2 | $3,720,000 | $1,860,000 | $2,995,000 | $238,000 | $271,000 |
| Other | 1 | $215,000 | $215,000 | $215,000 | $85,000 | $85,000 |
| Credit History | 1 | $295,000 | $295,000 | $295,000 | $312,000 | $312,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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 Interamerican Bank, A FSB'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 Interamerican Bank, A FSB'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 Florida, 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