Lakeview Community Capital Mortgage Lending & HMDA Data, 2023

In 2023, Lakeview Community Capital of Coral Gables, FL reported 1,600 mortgage applications totaling $285.3 million, down 77% from 2022. The average application was for $178,281, and applicants reported an average income of $0. 94% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Atlanta-Sandy Springs-Roswell, GA (106), Phoenix-Mesa-Scottsdale, AZ (65) and Riverside-San Bernardino-Ontario, CA (50) (applications in parentheses).

Mortgage Company & Address Lakeview Community Capital
4425 Pone De Leon Blvd, Ms 5-251
Coral Gables, FL 33146
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  
Total Number of Mortgage Applications 1,600
Total Mortgage Loan Application Amount $285,250,000
Average Mortgage Loan Application Amount $178,281
Highest Mortgage Loan Application Amount $745,000
Average Applicant Income $0
Highest Applicant Income $1,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Lakeview Community Capital filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for Lakeview Community Capital 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
Cash-out Refinancing 983 $250,905,000 $255,000 $745,000 $0 $1,000
Other Purpose 596 $30,040,000 $50,000 $105,000 $0 $1,000
Refinancing 17 $3,655,000 $215,000 $415,000 $0 $0
Home Purchase 4 $650,000 $162,000 $325,000 $0 $0
Not Applicable 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
Black or African American 594 $137,280,000 $231,000 $695,000 $0 $1,000
Hispanic 460 $104,640,000 $227,000 $725,000 $0 $0
White 437 $34,465,000 $78,000 $745,000 $0 $1,000
Not Provided 78 $5,140,000 $65,000 $335,000 $0 $0
Asian 22 $2,460,000 $111,000 $475,000 $0 $0
American Indian or Alaskan Native 8 $1,240,000 $155,000 $525,000 $0 $0
Native Hawaiian or Other Pacific Islander 1 $25,000 $25,000 $25,000 $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) 876 $92,100,000 $105,000 $725,000 $0 $1,000
FHA-insured (Federal Housing Administration) 586 $148,500,000 $253,000 $605,000 $0 $0
VA-guaranteed (Veterans Administration) 138 $44,650,000 $323,000 $745,000 $0 $1,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 1,508 $268,840,000 $178,000 $745,000 $0 $1,000
Application Withdrawn By Applicant 54 $11,490,000 $212,000 $725,000 $0 $0
Application Approved But Not Accepted 26 $2,890,000 $111,000 $365,000 $0 $0
Application Denied By Financial Institution 12 $2,030,000 $169,000 $365,000 $0 $0
File Closed For Incompleteness 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 1,588 $283,220,000 $178,000 $745,000 $0 $1,000
Debt-To-Income Ratio 5 $905,000 $181,000 $265,000 $0 $0
Credit History 3 $565,000 $188,000 $285,000 $0 $0
Other 2 $120,000 $60,000 $75,000 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 1 $75,000 $75,000 $75,000 $0 $0
Credit Application Incomplete 1 $365,000 $365,000 $365,000 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Lakeview Community Capital'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 Lakeview Community Capital'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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