Litton Mortgage, Inc. Mortgage Lending & HMDA Data, 2023

In 2023, Litton Mortgage, Inc. of Shreveport, LA reported 28 mortgage applications totaling $7.5 million, down 93% from 2022. The average application was for $267,500, and applicants reported an average income of $109,000. 100% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Shreveport-Bossier City, LA (26) and New Orleans-Metairie, LA (1).

Mortgage Company & Address Litton Mortgage, Inc.
7607 Fern Ave
Shreveport, LA 71105
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  
Total Number of Mortgage Applications 28
Total Mortgage Loan Application Amount $7,490,000
Average Mortgage Loan Application Amount $267,500
Highest Mortgage Loan Application Amount $495,000
Average Applicant Income $109,000
Highest Applicant Income $212,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Litton Mortgage, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Litton Mortgage, Inc. 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
Home Purchase 28 $7,490,000 $267,000 $495,000 $109,000 $212,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Refinancing 0 $0 $0 $0 $0 $0
Cash-out Refinancing 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
White 21 $5,545,000 $264,000 $495,000 $111,000 $212,000
Black or African American 5 $1,505,000 $301,000 $485,000 $111,000 $162,000
Hispanic 1 $195,000 $195,000 $195,000 $58,000 $58,000
Asian 1 $245,000 $245,000 $245,000 $125,000 $125,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Not Provided 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
VA-guaranteed (Veterans Administration) 16 $5,110,000 $319,000 $495,000 $110,000 $212,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 12 $2,380,000 $198,000 $285,000 $109,000 $186,000
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

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 28 $7,490,000 $267,000 $495,000 $109,000 $212,000
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
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application 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

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 28 $7,490,000 $267,000 $495,000 $109,000 $212,000
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Litton Mortgage, Inc.'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 Litton Mortgage, Inc.'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 Louisiana, download the full spreadsheet with aggregated HMDA statistics today.

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