Loansteady LLC Mortgage Lending & HMDA Data, 2024

In 2024, Loansteady LLC of McClean, VA reported 831 mortgage applications totaling $303.4 million. The average application was for $365,096, and applicants reported an average income of $156,302. 74% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Slidell-Mandeville-Covington, LA (93), Wilmington, NC (74) and Arlington-Alexandria-Reston, VA-WV (66) (applications in parentheses).

Mortgage Company & Address Loansteady LLC
8401 Greensboro Drive Suite 950
McClean, VA 22102
Federal Regulator * available with data download
Years 2025  2024  
Total Number of Mortgage Applications 831
Total Mortgage Loan Application Amount $303,395,000
Average Mortgage Loan Application Amount $365,096
Highest Mortgage Loan Application Amount $2,455,000
Average Applicant Income $156,302
Highest Applicant Income $1,349,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Loansteady LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Loansteady LLC by Metropolitan Area in 2024

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Outside any metro area 199 $ 46,215,000 $ 232,236 $ 116,447
Slidell-Mandeville-Covington, LA 93 $ 36,275,000 $ 390,053 $ 180,000
Wilmington, NC 74 $ 28,090,000 $ 379,594 $ 149,000
Arlington-Alexandria-Reston, VA-WV 66 $ 40,070,000 $ 607,121 $ 216,000
Washington, DC-MD 57 $ 30,085,000 $ 527,807 $ 162,649
Jacksonville, NC 47 $ 15,865,000 $ 337,553 $ 131,000
Savannah, GA 34 $ 12,060,000 $ 354,705 $ 152,000
New Orleans-Metairie, LA 25 $ 6,675,000 $ 267,000 $ 184,000
Hammond, LA 21 $ 5,255,000 $ 250,238 $ 117,000
Washington-Baltimore-Arlington, DC 20 $ 11,020,000 $ 551,000 $ 182,000
Atlanta-Sandy Springs-Roswell, GA 19 $ 6,815,000 $ 358,684 $ 152,000
Baton Rouge, LA 19 $ 4,885,000 $ 257,105 $ 222,000
Gulfport-Biloxi-Pascagoula, MS 16 $ 4,760,000 $ 297,500 $ 137,000
Baltimore-Columbia-Towson, MD 11 $ 5,565,000 $ 505,909 $ 190,000
Des Moines-West Des Moines, IA 7 $ 1,635,000 $ 233,571 $ 81,000
Phoenix-Mesa-Scottsdale, AZ 6 $ 4,230,000 $ 705,000 $ 304,000
Raleigh, NC 6 $ 2,660,000 $ 443,333 $ 197,000
Marietta, GA 5 $ 1,805,000 $ 361,000 $ 142,000
Virginia Beach-Norfolk-Newport News, VA-NC 5 $ 2,115,000 $ 423,000 $ 125,000
Chicago-Naperville, IL 4 $ 1,560,000 $ 390,000 $ 192,000
Fort Worth-Arlington, TX 4 $ 1,880,000 $ 470,000 $ 111,000
Hagerstown-Martinsburg, MD-WV 4 $ 1,110,000 $ 277,500 $ 86,000
St. Petersburg-Clearwater-Largo, FL 4 $ 1,420,000 $ 355,000 $ 112,000
Austin-Round Rock, TX 3 $ 1,005,000 $ 335,000 $ 413,000
Cambridge-Newton-Framingham, MA 3 $ 1,545,000 $ 515,000 $ 256,000
Charleston-North Charleston, SC 3 $ 965,000 $ 321,666 $ 84,000
Hattiesburg, MS 3 $ 695,000 $ 231,666 $ 68,000
Houston-The Woodlands-Sugar Land, TX 3 $ 1,305,000 $ 435,000 $ 230,000
North Port-Sarasota-Bradenton, FL 3 $ 1,125,000 $ 375,000 $ 273,000
Pensacola-Ferry Pass-Brent, FL 3 $ 1,365,000 $ 455,000 $ 186,000
San Antonio-New Braunfels, TX 3 $ 1,165,000 $ 388,333 $ 151,000
Canton-Massillon, OH 2 $ 620,000 $ 310,000 $ 329,000
Charlotte-Concord-Gastonia, NC-SC 2 $ 590,000 $ 295,000 $ 138,000
Charlottesville, VA 2 $ 650,000 $ 325,000 $ 86,000
Crestview-Fort Walton Beach-Destin, FL 2 $ 930,000 $ 465,000 $ 196,000
Denver-Aurora-Lakewood, CO 2 $ 1,070,000 $ 535,000 $ 196,000
Fargo, ND-MN 2 $ 920,000 $ 460,000 $ 221,000
Gainesville, GA 2 $ 600,000 $ 300,000 $ 183,000
Hinesville, GA 2 $ 560,000 $ 280,000 $ 79,000
Lafayette, LA 2 $ 430,000 $ 215,000 $ 116,000
Port St. Lucie, FL 2 $ 730,000 $ 365,000 $ 146,000
Richmond, VA 2 $ 550,000 $ 275,000 $ 130,000
Winchester, VA-WV 2 $ 660,000 $ 330,000 $ 113,000
Albany, GA 1 $ 195,000 $ 195,000 $ 65,000
Albuquerque, NM 1 $ 315,000 $ 315,000 $ 92,000
Ames, IA 1 $ 425,000 $ 425,000 $ 150,000
Augusta-Richmond County, GA-SC 1 $ 595,000 $ 595,000 $ 116,000
Birmingham-Hoover, AL 1 $ 735,000 $ 735,000 $ 201,000
Boston, MA 1 $ 455,000 $ 455,000 $ 150,000
Bremerton-Silverdale, WA 1 $ 305,000 $ 305,000 $ 74,000
Cape Coral-Fort Myers, FL 1 $ 265,000 $ 265,000 $ 125,000
Dallas-Plano-Irving, TX 1 $ 415,000 $ 415,000 $ 126,000
Fayetteville, NC 1 $ 405,000 $ 405,000 $ 0
Flint, MI 1 $ 425,000 $ 425,000 $ 168,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 1 $ 415,000 $ 415,000 $ 189,000
Gettysburg, PA 1 $ 455,000 $ 455,000 $ 132,000
Grand Junction, CO 1 $ 325,000 $ 325,000 $ 102,000
Hilton Head Island-Bluffton-Beaufort, SC 1 $ 405,000 $ 405,000 $ 204,000
Houma-Thibodaux, LA 1 $ 215,000 $ 215,000 $ 60,000
Jacksonville, FL 1 $ 155,000 $ 155,000 $ 138,000
Knoxville, TN 1 $ 205,000 $ 205,000 $ 100,000
Lakewood-New Brunswick, NJ 1 $ 275,000 $ 275,000 $ 112,000
Los Angeles-Long Beach-Glendale, CA 1 $ 475,000 $ 475,000 $ 143,000
Lynchburg, VA 1 $ 645,000 $ 645,000 $ 450,000
Miami-Miami Beach-Kendall, FL 1 $ 595,000 $ 595,000 $ 232,000
Monroe, LA 1 $ 265,000 $ 265,000 $ 126,000
New York-Jersey City-White Plains, NY-NJ 1 $ 155,000 $ 155,000 $ 80,000
Oakland-Hayward-Berkeley, CA 1 $ 805,000 $ 805,000 $ 351,000
Orlando-Kissimmee-Sanford, FL 1 $ 465,000 $ 465,000 $ 127,000
Palm Bay-Melbourne-Titusville, FL 1 $ 295,000 $ 295,000 $ 63,000
Philadelphia, PA 1 $ 265,000 $ 265,000 $ 56,000
Pinehurst-Southern Pines, NC 1 $ 385,000 $ 385,000 $ 339,000
Pueblo, CO 1 $ 185,000 $ 185,000 $ 47,000
Seattle-Bellevue-Everett, WA 1 $ 715,000 $ 715,000 $ 192,000
Valdosta, GA 1 $ 275,000 $ 275,000 $ 58,000
Waco, TX 1 $ 165,000 $ 165,000 $ 261,000
Warren-Troy-Farmington Hills, MI 1 $ 315,000 $ 315,000 $ 219,000
Wheeling, WV-OH 1 $ 255,000 $ 255,000 $ 96,000
Winston-Salem, NC 1 $ 325,000 $ 325,000 $ 150,000
York-Hanover, PA 1 $ 295,000 $ 295,000 $ 0

Mortgage Loan Application Detail Totals for Loansteady LLC in 2024

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 733 $262,515,000 $358,000 $2,455,000 $154,000 $1,349,000
Refinancing 61 $28,695,000 $470,000 $1,085,000 $189,000 $542,000
Cash-out Refinancing 37 $12,185,000 $329,000 $1,595,000 $148,000 $676,000
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 571 $205,685,000 $360,000 $1,595,000 $156,000 $1,349,000
Not Provided 101 $44,695,000 $442,000 $2,455,000 $186,000 $1,098,000
Black or African American 69 $18,955,000 $274,000 $755,000 $123,000 $609,000
Hispanic 57 $19,965,000 $350,000 $845,000 $122,000 $466,000
Asian 25 $11,725,000 $469,000 $805,000 $174,000 $370,000
American Indian or Alaskan Native 8 $2,370,000 $296,000 $485,000 $169,000 $393,000
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) 496 $197,800,000 $398,000 $2,455,000 $183,000 $1,349,000
FHA-insured (Federal Housing Administration) 151 $42,275,000 $279,000 $775,000 $109,000 $480,000
VA-guaranteed (Veterans Administration) 143 $56,695,000 $396,000 $1,495,000 $129,000 $390,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 41 $6,625,000 $161,000 $295,000 $66,000 $106,000

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 615 $226,465,000 $368,000 $2,455,000 $150,000 $1,098,000
Application Withdrawn By Applicant 166 $60,030,000 $361,000 $1,005,000 $175,000 $1,349,000
Application Approved But Not Accepted 35 $12,765,000 $364,000 $875,000 $170,000 $471,000
Application Denied By Financial Institution 15 $4,135,000 $275,000 $805,000 $103,000 $351,000
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 816 $299,260,000 $366,000 $2,455,000 $156,000 $1,349,000
Debt-To-Income Ratio 9 $1,975,000 $219,000 $605,000 $67,000 $147,000
Collateral 2 $580,000 $290,000 $465,000 $104,000 $125,000
Credit History 2 $550,000 $275,000 $395,000 $135,000 $138,000
Unverifiable Information 1 $225,000 $225,000 $225,000 $116,000 $116,000
Employment History 1 $805,000 $805,000 $805,000 $351,000 $351,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Loansteady LLC's 2024 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 Loansteady LLC'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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