Interamerican Bank, A FSB Mortgage Lending & HMDA Data, 2014
In 2014, Interamerican Bank, A FSB of Miami, FL reported 89 mortgage applications totaling $29.0 million, down 18% from 2013. The average application was for $326,011, and applicants reported an average income of $153,191. 53% of its applications resulted in an originated loan and 13% were denied. Its largest markets were Miami-Miami Beach-Kendall, FL (83), Fort Lauderdale-Pompano Beach-Deerfield Beach, FL (5) and West Palm Beach-Boca Raton-Delray Beach, 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 | 2019 2018 2017 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 89 |
| Total Mortgage Loan Application Amount | $29,015,000 |
| Average Mortgage Loan Application Amount | $326,011 |
| Highest Mortgage Loan Application Amount | $2,000,000 |
| Average Applicant Income | $153,191 |
| Highest Applicant Income | $1,274,000 |
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records Interamerican Bank, A FSB filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Miami-Dade, Florida | 83 | $ 26,218,000 | $ 315,879 | $ 146,000 |
| Broward, Florida | 5 | $ 2,739,000 | $ 547,800 | $ 298,000 |
| Palm Beach, Florida | 1 | $ 58,000 | $ 58,000 | $ 0 |
Mortgage Loan Application Detail Totals for Interamerican Bank, A FSB in 2014
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 | 50 | $16,213,000 | $324,000 | $2,000,000 | $163,000 | $1,274,000 |
| Refinancing | 37 | $11,314,000 | $305,000 | $1,236,000 | $128,000 | $684,000 |
| Home Improvement | 2 | $1,488,000 | $744,000 | $1,250,000 | $374,000 | $684,000 |
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 | 78 | $24,691,000 | $316,000 | $2,000,000 | $149,000 | $1,274,000 |
| American Indian or Alaskan Native | 5 | $1,277,000 | $255,000 | $265,000 | $109,000 | $113,000 |
| White | 5 | $2,887,000 | $577,000 | $800,000 | $295,000 | $822,000 |
| Not applicable | 1 | $160,000 | $160,000 | $160,000 | $0 | $0 |
| Not Provided | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
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) | 89 | $29,015,000 | $326,000 | $2,000,000 | $153,000 | $1,274,000 |
| 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 | 47 | $15,118,000 | $321,000 | $2,000,000 | $171,000 | $1,274,000 |
| Application Withdrawn By Applicant | 24 | $9,402,000 | $391,000 | $1,250,000 | $166,000 | $684,000 |
| Application Denied By Financial Institution | 12 | $3,265,000 | $272,000 | $532,000 | $93,000 | $168,000 |
| Application Approved But Not Accepted | 5 | $1,170,000 | $234,000 | $350,000 | $100,000 | $287,000 |
| File Closed For Incompleteness | 1 | $60,000 | $60,000 | $60,000 | $27,000 | $27,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 5 | $1,645,000 | $329,000 | $532,000 | $73,000 | $96,000 |
| Credit History | 4 | $980,000 | $245,000 | $353,000 | $134,000 | $168,000 |
| Collateral | 2 | $440,000 | $220,000 | $250,000 | $72,000 | $93,000 |
| Employment History | 1 | $200,000 | $200,000 | $200,000 | $67,000 | $67,000 |
| 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 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Interamerican Bank, A FSB's 2014 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