Jet Homeloans, LP Mortgage Lending & HMDA Data, 2020

In 2020, Jet Homeloans, LP of Jacksonville, FL reported 554 mortgage applications totaling $169.4 million. The average application was for $305,794, and applicants reported an average income of $109,122. 82% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Jacksonville, FL (339), Lakeland-Winter Haven, FL (48) and Orlando-Kissimmee-Sanford, FL (39) (applications in parentheses).

Mortgage Company & Address Jet Homeloans, LP
14701 Philips Highway Suite 202
Jacksonville, FL 32256
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  
Total Number of Mortgage Applications 554
Total Mortgage Loan Application Amount $169,410,000
Average Mortgage Loan Application Amount $305,794
Highest Mortgage Loan Application Amount $1,255,000
Average Applicant Income $109,122
Highest Applicant Income $985,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Jet Homeloans, LP filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Jet Homeloans, LP by Metropolitan Area in 2020

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Jacksonville, FL 339 $ 96,075,000 $ 283,407 $ 102,000
Lakeland-Winter Haven, FL 48 $ 10,660,000 $ 222,083 $ 56,000
Orlando-Kissimmee-Sanford, FL 39 $ 15,405,000 $ 395,000 $ 146,000
Washington-Baltimore-Arlington, DC 35 $ 14,515,000 $ 414,714 $ 134,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 23 $ 12,865,000 $ 559,347 $ 177,521
Hilton Head Island-Bluffton-Beaufort, SC 22 $ 6,220,000 $ 282,727 $ 129,000
Austin-Round Rock, TX 15 $ 4,745,000 $ 316,333 $ 150,000
Deltona-Daytona Beach-Ormond Beach, FL 14 $ 3,650,000 $ 260,714 $ 82,000
Savannah, GA 14 $ 3,850,000 $ 275,000 $ 106,000
Atlanta-Sandy Springs-Roswell, GA 1 $ 315,000 $ 315,000 $ 105,000
Gainesville, FL 1 $ 95,000 $ 95,000 $ 55,000
Outside any metro area 1 $ 265,000 $ 265,000 $ 111,000
North Port-Sarasota-Bradenton, FL 1 $ 475,000 $ 475,000 $ 234,000

Mortgage Loan Application Detail Totals for Jet Homeloans, LP in 2020

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 518 $157,080,000 $303,000 $765,000 $107,000 $985,000
Refinancing 28 $10,110,000 $361,000 $1,255,000 $151,000 $500,000
Cash-out Refinancing 8 $2,220,000 $277,000 $545,000 $100,000 $214,000
Home Improvement 0 $0 $0 $0 $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
White 280 $86,460,000 $308,000 $765,000 $117,000 $985,000
Hispanic 84 $23,090,000 $274,000 $695,000 $84,000 $925,000
Black or African American 82 $24,180,000 $294,000 $745,000 $96,000 $423,000
Not Provided 62 $21,260,000 $342,000 $1,255,000 $129,000 $530,000
Asian 34 $10,660,000 $313,000 $765,000 $95,000 $183,000
American Indian or Alaskan Native 4 $1,340,000 $335,000 $465,000 $106,000 $228,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
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 $99,905,000 $317,000 $1,255,000 $125,000 $985,000
FHA-insured (Federal Housing Administration) 138 $36,380,000 $263,000 $595,000 $82,000 $423,000
VA-guaranteed (Veterans Administration) 89 $29,755,000 $334,000 $745,000 $95,000 $328,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 12 $3,370,000 $280,000 $365,000 $71,000 $96,000

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 456 $136,540,000 $299,000 $765,000 $106,000 $925,000
Application Withdrawn By Applicant 86 $29,510,000 $343,000 $1,255,000 $128,000 $985,000
Application Denied By Financial Institution 6 $1,450,000 $241,000 $365,000 $42,000 $77,000
Application Approved But Not Accepted 5 $1,695,000 $339,000 $505,000 $139,000 $228,000
File Closed For Incompleteness 1 $215,000 $215,000 $215,000 $95,000 $95,000
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 548 $167,960,000 $306,000 $1,255,000 $110,000 $985,000
Debt-To-Income Ratio 3 $675,000 $225,000 $225,000 $39,000 $48,000
Other 1 $365,000 $365,000 $365,000 $77,000 $77,000
Insufficient Cash (Downpayment, Closing Cost) 1 $235,000 $235,000 $235,000 $60,000 $60,000
Credit History 1 $175,000 $175,000 $175,000 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Jet Homeloans, LP's 2020 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 Jet Homeloans, LP'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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