Lendmark Financial Services Mortgage Lending & HMDA Data, 2010
In 2010, Lendmark Financial Services of Wilson, NC reported 473 mortgage applications totaling $16.4 million, down 67% from 2009. The average application was for $34,585, and applicants reported an average income of $52,416. 34% of its applications resulted in an originated loan and 36% were denied. Its largest markets were Baltimore-Towson, MD (64), Atlanta-Sandy Springs-Marietta, GA (45) and Savannah, GA (36) (applications in parentheses).
| Mortgage Company & Address | Lendmark Financial Services 223 W Nash St Wilson, NC 27893 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 473 |
| Total Mortgage Loan Application Amount | $16,359,000 |
| Average Mortgage Loan Application Amount | $34,585 |
| Highest Mortgage Loan Application Amount | $318,000 |
| Average Applicant Income | $52,416 |
| Highest Applicant Income | $253,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Lendmark Financial Services filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Baltimore-Towson, MD | 64 | $ 2,595,000 | $ 40,546 | $ 69,000 |
| Atlanta-Sandy Springs-Marietta, GA | 45 | $ 2,091,000 | $ 46,466 | $ 64,000 |
| Savannah, GA | 36 | $ 309,000 | $ 8,583 | $ 12,000 |
| Columbia, SC | 19 | $ 676,000 | $ 35,578 | $ 56,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 17 | $ 729,000 | $ 42,882 | $ 83,823 |
| Hinesville-Fort Stewart, GA | 12 | $ 101,000 | $ 8,416 | $ 0 |
| Columbus, GA-AL | 11 | $ 400,000 | $ 36,363 | $ 50,909 |
| Dalton, GA | 11 | $ 301,000 | $ 27,363 | $ 49,000 |
| Knoxville, TN | 11 | $ 298,000 | $ 27,090 | $ 70,000 |
| Louisville-Jefferson County, KY-IN | 9 | $ 203,000 | $ 22,555 | $ 76,000 |
| Chattanooga, TN-GA | 7 | $ 181,000 | $ 25,857 | $ 42,000 |
| Clarksville, TN-KY | 7 | $ 224,000 | $ 32,000 | $ 45,857 |
| Bethesda-Rockville-Frederick, MD | 5 | $ 254,000 | $ 50,800 | $ 71,000 |
| Charleston-North Charleston-Summerville, SC | 5 | $ 200,000 | $ 40,000 | $ 52,000 |
| Macon, GA | 5 | $ 117,000 | $ 23,400 | $ 50,000 |
| Augusta-Richmond County, GA-SC | 4 | $ 100,000 | $ 25,000 | $ 21,000 |
| Brunswick, GA | 4 | $ 153,000 | $ 38,250 | $ 51,000 |
| Florence, SC | 4 | $ 179,000 | $ 44,750 | $ 62,000 |
| Huntington-Ashland, WV-KY-OH | 4 | $ 135,000 | $ 33,750 | $ 47,000 |
| Valdosta, GA | 4 | $ 172,000 | $ 43,000 | $ 44,000 |
| Jacksonville, FL | 3 | $ 98,000 | $ 32,666 | $ 75,000 |
| Lexington-Fayette, KY | 3 | $ 129,000 | $ 43,000 | $ 97,000 |
| Orlando-Kissimmee-Sanford, FL | 3 | $ 210,000 | $ 70,000 | $ 62,000 |
| Salisbury, MD | 3 | $ 87,000 | $ 29,000 | $ 54,000 |
| Warner Robins, GA | 3 | $ 74,000 | $ 24,666 | $ 63,000 |
| Albany, GA | 2 | $ 57,000 | $ 28,500 | $ 60,000 |
| Bowling Green, KY | 2 | $ 75,000 | $ 37,500 | $ 27,000 |
| Crestview-Fort Walton Beach-Destin, FL | 2 | $ 78,000 | $ 39,000 | $ 48,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 2 | $ 204,000 | $ 102,000 | $ 74,000 |
| Elizabethtown, KY | 2 | $ 54,000 | $ 27,000 | $ 72,000 |
| Greenville-Mauldin-Easley, SC | 2 | $ 54,000 | $ 27,000 | $ 74,000 |
| Rome, GA | 2 | $ 60,000 | $ 30,000 | $ 28,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 2 | $ 65,000 | $ 32,500 | $ 145,000 |
| Anderson, SC | 1 | $ 60,000 | $ 60,000 | $ 67,000 |
| Athens-Clarke County, GA | 1 | $ 76,000 | $ 76,000 | $ 29,000 |
| Charlotte-Gastonia-Rock Hill, NC-SC | 1 | $ 22,000 | $ 22,000 | $ 25,000 |
| Charlottesville, VA | 1 | $ 70,000 | $ 70,000 | $ 65,000 |
| Cincinnati-Middletown, OH-KY-IN | 1 | $ 21,000 | $ 21,000 | $ 72,000 |
| Dover, DE | 1 | $ 31,000 | $ 31,000 | $ 82,000 |
| Greenville, NC | 1 | $ 31,000 | $ 31,000 | $ 43,000 |
| Hagerstown-Martinsburg, MD-WV | 1 | $ 30,000 | $ 30,000 | $ 88,000 |
| Lakeland-Winter Haven, FL | 1 | $ 17,000 | $ 17,000 | $ 29,000 |
| Mobile, AL | 1 | $ 21,000 | $ 21,000 | $ 38,000 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 1 | $ 32,000 | $ 32,000 | $ 150,000 |
| Owensboro, KY | 1 | $ 21,000 | $ 21,000 | $ 46,000 |
| Pensacola-Ferry Pass-Brent, FL | 1 | $ 36,000 | $ 36,000 | $ 93,000 |
| Raleigh-Cary, NC | 1 | $ 50,000 | $ 50,000 | $ 102,000 |
| Richmond, VA | 1 | $ 50,000 | $ 50,000 | $ 37,000 |
| Spartanburg, SC | 1 | $ 45,000 | $ 45,000 | $ 50,000 |
| Tampa-St. Petersburg-Clearwater, FL | 1 | $ 33,000 | $ 33,000 | $ 67,000 |
| Wilmington, DE-MD-NJ | 1 | $ 52,000 | $ 52,000 | $ 96,000 |
Mortgage Loan Application Detail Totals for Lendmark Financial Services in 2010
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 Improvement | 292 | $8,245,000 | $28,000 | $140,000 | $56,000 | $217,000 |
| Refinancing | 134 | $5,266,000 | $39,000 | $318,000 | $43,000 | $130,000 |
| Home Purchase | 47 | $2,848,000 | $60,000 | $157,000 | $57,000 | $253,000 |
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 | 248 | $9,711,000 | $39,000 | $162,000 | $58,000 | $253,000 |
| Black or African American | 117 | $4,371,000 | $37,000 | $318,000 | $62,000 | $210,000 |
| Not applicable | 55 | $417,000 | $7,000 | $17,000 | $0 | $0 |
| Not Provided | 41 | $1,431,000 | $34,000 | $130,000 | $59,000 | $134,000 |
| Hispanic | 8 | $301,000 | $37,000 | $80,000 | $61,000 | $105,000 |
| Asian | 3 | $96,000 | $32,000 | $59,000 | $77,000 | $134,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $32,000 | $32,000 | $32,000 | $72,000 | $72,000 |
| 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) | 473 | $16,359,000 | $34,000 | $318,000 | $53,000 | $253,000 |
| 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 |
|---|---|---|---|---|---|---|
| Application Denied By Financial Institution | 171 | $6,572,000 | $38,000 | $318,000 | $55,000 | $210,000 |
| Loan Originated | 160 | $5,292,000 | $33,000 | $145,000 | $63,000 | $210,000 |
| Application Approved But Not Accepted | 83 | $3,933,000 | $47,000 | $162,000 | $59,000 | $217,000 |
| Loan Purchased By The Institution | 55 | $417,000 | $7,000 | $17,000 | $0 | $0 |
| Application Withdrawn By Applicant | 4 | $145,000 | $36,000 | $56,000 | $90,000 | $253,000 |
| File Closed For Incompleteness | 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 |
|---|---|---|---|---|---|---|
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 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 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Lendmark Financial Services's 2010 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 Lendmark Financial Services'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 North Carolina, 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