Kopernik Bank Mortgage Lending & HMDA Data, 2017
In 2017, Kopernik Bank of Baltimore, MD reported 50 mortgage applications totaling $11.5 million, up 19% from 2016. The average application was for $229,940, and applicants reported an average income of $109,320. 90% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Baltimore-Columbia-Towson, MD (47), Salisbury, MD-DE (2) and Silver Spring-Frederick-Rockville, MD (1) (applications in parentheses).
| Mortgage Company & Address | Kopernik Bank 2101 Eastern Ave Baltimore, MD 21231 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2018 2017 2016 2015 |
| Total Number of Mortgage Applications | 50 |
| Total Mortgage Loan Application Amount | $11,497,000 |
| Average Mortgage Loan Application Amount | $229,940 |
| Highest Mortgage Loan Application Amount | $1,200,000 |
| Average Applicant Income | $109,320 |
| Highest Applicant Income | $1,139,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Kopernik Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Kopernik Bank in 2017
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 | 28 | $6,635,000 | $236,000 | $1,200,000 | $82,000 | $623,000 |
| Refinancing | 20 | $4,584,000 | $229,000 | $550,000 | $147,000 | $1,139,000 |
| Home Improvement | 2 | $278,000 | $139,000 | $200,000 | $115,000 | $137,000 |
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 |
|---|---|---|---|---|---|---|
| White | 28 | $6,113,000 | $218,000 | $540,000 | $160,000 | $1,139,000 |
| Not applicable | 18 | $4,931,000 | $273,000 | $1,200,000 | $3,000 | $55,000 |
| Hispanic | 3 | $320,000 | $106,000 | $138,000 | $229,000 | $623,000 |
| Asian | 1 | $133,000 | $133,000 | $133,000 | $240,000 | $240,000 |
| 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 |
| American Indian or Alaskan Native | 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) | 50 | $11,497,000 | $229,000 | $1,200,000 | $109,000 | $1,139,000 |
| 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 | 45 | $10,792,000 | $239,000 | $1,200,000 | $115,000 | $1,139,000 |
| Application Denied By Financial Institution | 3 | $303,000 | $101,000 | $135,000 | $96,000 | $196,000 |
| Loan Purchased By The Institution | 2 | $402,000 | $201,000 | $220,000 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Withdrawn By Applicant | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Approved But Not Accepted | 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 |
|---|---|---|---|---|---|---|
| Credit History | 1 | $90,000 | $90,000 | $90,000 | $67,000 | $67,000 |
| Employment History | 1 | $78,000 | $78,000 | $78,000 | $26,000 | $26,000 |
| Other | 1 | $135,000 | $135,000 | $135,000 | $196,000 | $196,000 |
| Unverifiable Information | 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 |
| Debt-To-Income Ratio | 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 Kopernik Bank's 2017 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 Kopernik Bank'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 Maryland, 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