Longbridge Financial, LLC Mortgage Lending & HMDA Data, 2015

In 2015, Longbridge Financial, LLC of Mahwah, NJ reported 44 mortgage applications totaling $7.9 million. The average application was for $179,500, and applicants reported an average income of $0. 30% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Columbus, OH (4), Greenville-Anderson-Mauldin, SC (2) and Lakeland-Winter Haven, FL (2) (applications in parentheses).

Mortgage Company & Address Longbridge Financial, LLC
1 International Boulevard, Suite 900
Mahwah, NJ 07495
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  
Total Number of Mortgage Applications 44
Total Mortgage Loan Application Amount $7,898,000
Average Mortgage Loan Application Amount $179,500
Highest Mortgage Loan Application Amount $450,000
Average Applicant Income $0
Highest Applicant Income $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Longbridge Financial, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Longbridge Financial, LLC by Metropolitan Area in 2015

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Columbus, OH 4 $ 716,000 $ 179,000 $ 0
Greenville-Anderson-Mauldin, SC 2 $ 320,000 $ 160,000 $ 0
Lakeland-Winter Haven, FL 2 $ 285,000 $ 142,500 $ 0
Los Angeles-Long Beach-Glendale, CA 2 $ 444,000 $ 222,000 $ 0
Newark, NJ-PA 2 $ 371,000 $ 185,500 $ 0
Sacramento--Roseville--Arden-Arcade, CA 2 $ 505,000 $ 252,500 $ 0
Abilene, TX 1 $ 150,000 $ 150,000 $ 0
Anaheim-Santa Ana-Irvine, CA 1 $ 323,000 $ 323,000 $ 0
Atlanta-Sandy Springs-Roswell, GA 1 $ 196,000 $ 196,000 $ 0
Bakersfield, CA 1 $ 80,000 $ 80,000 $ 0
Bend-Redmond, OR 1 $ 103,000 $ 103,000 $ 0
Bridgeport-Stamford-Norwalk, CT 1 $ 183,000 $ 183,000 $ 0
Chicago-Naperville-Arlington Heights, IL 1 $ 450,000 $ 450,000 $ 0
Chico, CA 1 $ 148,000 $ 148,000 $ 0
Dallas-Plano-Irving, TX 1 $ 199,000 $ 199,000 $ 0
Dayton, OH 1 $ 250,000 $ 250,000 $ 0
Denver-Aurora-Lakewood, CO 1 $ 222,000 $ 222,000 $ 0
Detroit-Dearborn-Livonia, MI 1 $ 144,000 $ 144,000 $ 0
Grand Rapids-Wyoming, MI 1 $ 156,000 $ 156,000 $ 0
Greeley, CO 1 $ 204,000 $ 204,000 $ 0
Jackson, MS 1 $ 60,000 $ 60,000 $ 0
Medford, OR 1 $ 111,000 $ 111,000 $ 0
New York-Jersey City-White Plains, NY-NJ 1 $ 228,000 $ 228,000 $ 0
Oakland-Hayward-Berkeley, CA 1 $ 245,000 $ 245,000 $ 0
Pensacola-Ferry Pass-Brent, FL 1 $ 122,000 $ 122,000 $ 0
Pittsburgh, PA 1 $ 62,000 $ 62,000 $ 0
Raleigh, NC 1 $ 233,000 $ 233,000 $ 0
Riverside-San Bernardino-Ontario, CA 1 $ 242,000 $ 242,000 $ 0
San Diego-Carlsbad, CA 1 $ 297,000 $ 297,000 $ 0
Santa Maria-Santa Barbara, CA 1 $ 360,000 $ 360,000 $ 0
Scranton--Wilkes-Barre--Hazleton, PA 1 $ 31,000 $ 31,000 $ 0
Warren-Troy-Farmington Hills, MI 1 $ 77,000 $ 77,000 $ 0
Williamsport, PA 1 $ 56,000 $ 56,000 $ 0

Mortgage Loan Application Detail Totals for Longbridge Financial, LLC in 2015

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 34 $6,129,000 $180,000 $450,000 $0 $0
Home Purchase 10 $1,769,000 $176,000 $250,000 $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 36 $6,788,000 $188,000 $450,000 $0 $0
Black or African American 5 $754,000 $150,000 $245,000 $0 $0
Hispanic 3 $356,000 $118,000 $214,000 $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
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 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
FHA-insured (Federal Housing Administration) 44 $7,898,000 $179,000 $450,000 $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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 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 Purchased By The Institution 26 $5,061,000 $194,000 $360,000 $0 $0
Loan Originated 13 $2,284,000 $175,000 $450,000 $0 $0
Application Approved But Not Accepted 2 $232,000 $116,000 $196,000 $0 $0
Application Denied By Financial Institution 2 $93,000 $46,000 $62,000 $0 $0
Application Withdrawn By Applicant 1 $228,000 $228,000 $228,000 $0 $0
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
Insufficient Cash (Downpayment, Closing Cost) 1 $62,000 $62,000 $62,000 $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
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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Longbridge Financial, LLC's 2015 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 Longbridge Financial, 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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