Loanunited.Com, LLC Mortgage Lending & HMDA Data, 2022

In 2022, Loanunited.Com, LLC of Duluth, GA reported 2,475 mortgage applications totaling $768.2 million. The average application was for $310,365, and applicants reported an average income of $103,433. 28% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Atlanta-Sandy Springs-Roswell, GA (147), Houston-The Woodlands-Sugar Land, TX (96) and Riverside-San Bernardino-Ontario, CA (81) (applications in parentheses).

Mortgage Company & Address Loanunited.Com, LLC
3235 Satellite Blvd Suite 314
Duluth, GA 30096
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  
Total Number of Mortgage Applications 2,475
Total Mortgage Loan Application Amount $768,155,000
Average Mortgage Loan Application Amount $310,365
Highest Mortgage Loan Application Amount $1,455,000
Average Applicant Income $103,433
Highest Applicant Income $1,921,000

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Act (HMDA) records Loanunited.Com, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for Loanunited.Com, LLC in 2022

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
Refinancing 1,836 $528,850,000 $288,000 $1,125,000 $97,000 $1,181,000
Home Purchase 561 $218,055,000 $388,000 $1,455,000 $129,000 $1,921,000
Home Improvement 78 $21,250,000 $272,000 $695,000 $71,000 $160,000
Cash-out Refinancing 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
Not Provided 893 $264,025,000 $295,000 $1,455,000 $96,000 $1,181,000
White 851 $270,225,000 $317,000 $1,125,000 $109,000 $1,307,000
Black or African American 433 $132,075,000 $305,000 $1,055,000 $105,000 $421,000
Hispanic 210 $68,920,000 $328,000 $975,000 $116,000 $1,921,000
Asian 69 $28,115,000 $407,000 $1,055,000 $146,000 $273,000
American Indian or Alaskan Native 12 $2,970,000 $247,000 $1,055,000 $106,000 $292,000
Native Hawaiian or Other Pacific Islander 2 $610,000 $305,000 $305,000 $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
VA-guaranteed (Veterans Administration) 1,491 $497,535,000 $333,000 $1,455,000 $104,000 $942,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 817 $233,205,000 $285,000 $1,125,000 $113,000 $1,921,000
FHA-insured (Federal Housing Administration) 165 $37,265,000 $225,000 $865,000 $85,000 $1,181,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $150,000 $75,000 $105,000 $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 Withdrawn By Applicant 1,303 $390,545,000 $299,000 $1,455,000 $112,000 $1,921,000
Loan Originated 683 $234,735,000 $343,000 $1,255,000 $108,000 $409,000
File Closed For Incompleteness 403 $121,115,000 $300,000 $1,055,000 $92,000 $463,000
Application Denied By Financial Institution 83 $20,855,000 $251,000 $605,000 $72,000 $223,000
Application Approved But Not Accepted 2 $480,000 $240,000 $295,000 $72,000 $75,000
Preapproval Denied by Financial Institution 1 $425,000 $425,000 $425,000 $113,000 $113,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval 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
Not applicable 2,391 $746,875,000 $312,000 $1,455,000 $108,000 $1,921,000
Debt-To-Income Ratio 29 $8,555,000 $295,000 $595,000 $64,000 $123,000
Other 26 $6,890,000 $265,000 $525,000 $91,000 $177,000
Credit History 23 $4,225,000 $183,000 $605,000 $64,000 $223,000
Unverifiable Information 3 $915,000 $305,000 $415,000 $27,000 $32,000
Collateral 1 $445,000 $445,000 $445,000 $100,000 $100,000
Credit Application Incomplete 1 $145,000 $145,000 $145,000 $190,000 $190,000
Employment History 1 $105,000 $105,000 $105,000 $114,000 $114,000
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 Loanunited.Com, LLC's 2022 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 Loanunited.Com, 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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