Lpmc, LLC dba Landmark Profess Mortgage Lending & HMDA Data, 2021

In 2021, Lpmc, LLC dba Landmark Profess of Salem, OR reported 1,935 mortgage applications totaling $582.4 million, down 23% from 2020. The average application was for $300,989, and applicants reported an average income of $97,685. 84% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Salem, OR (868), Portland-Vancouver-Hillsboro, OR-WA (286) and Bend-Redmond, OR (158) (applications in parentheses).

Mortgage Company & Address Lpmc, LLC dba Landmark Profess
1255 Lee St Se
Salem, OR 97302
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  
Total Number of Mortgage Applications 1,935
Total Mortgage Loan Application Amount $582,415,000
Average Mortgage Loan Application Amount $300,989
Highest Mortgage Loan Application Amount $1,055,000
Average Applicant Income $97,685
Highest Applicant Income $736,000

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records Lpmc, LLC dba Landmark Profess filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Download the Oregon Lender List

Mortgage Loan Application Detail Totals for Lpmc, LLC dba Landmark Profess in 2021

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 814 $279,730,000 $343,000 $785,000 $100,000 $547,000
Cash-out Refinancing 562 $155,330,000 $276,000 $885,000 $98,000 $463,000
Refinancing 559 $147,355,000 $263,000 $1,055,000 $94,000 $736,000
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 1,541 $464,805,000 $301,000 $965,000 $99,000 $736,000
Hispanic 179 $47,995,000 $268,000 $515,000 $77,000 $389,000
Not Provided 145 $47,995,000 $331,000 $1,055,000 $113,000 $500,000
Asian 28 $7,780,000 $277,000 $575,000 $69,000 $182,000
Black or African American 23 $8,015,000 $348,000 $545,000 $97,000 $240,000
American Indian or Alaskan Native 16 $4,790,000 $299,000 $475,000 $102,000 $246,000
Native Hawaiian or Other Pacific Islander 1 $305,000 $305,000 $305,000 $53,000 $53,000
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) 1,581 $468,445,000 $296,000 $1,055,000 $104,000 $736,000
FHA-insured (Federal Housing Administration) 190 $56,620,000 $298,000 $455,000 $76,000 $180,000
VA-guaranteed (Veterans Administration) 134 $48,200,000 $359,000 $785,000 $66,000 $231,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 30 $9,150,000 $305,000 $455,000 $70,000 $107,000

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 1,628 $487,700,000 $299,000 $1,055,000 $99,000 $736,000
Application Withdrawn By Applicant 250 $78,670,000 $314,000 $795,000 $94,000 $450,000
File Closed For Incompleteness 28 $8,240,000 $294,000 $835,000 $94,000 $305,000
Application Denied By Financial Institution 28 $7,430,000 $265,000 $885,000 $86,000 $305,000
Application Approved But Not Accepted 1 $375,000 $375,000 $375,000 $150,000 $150,000
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

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 1,907 $574,985,000 $301,000 $1,055,000 $98,000 $736,000
Debt-To-Income Ratio 8 $2,500,000 $312,000 $885,000 $87,000 $305,000
Credit History 6 $1,900,000 $316,000 $425,000 $105,000 $180,000
Collateral 5 $1,185,000 $237,000 $515,000 $77,000 $111,000
Other 4 $610,000 $152,000 $205,000 $93,000 $228,000
Unverifiable Information 2 $360,000 $180,000 $345,000 $61,000 $61,000
Employment History 2 $670,000 $335,000 $495,000 $79,000 $113,000
Insufficient Cash (Downpayment, Closing Cost) 1 $205,000 $205,000 $205,000 $46,000 $46,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Lpmc, LLC dba Landmark Profess's 2021 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 Lpmc, LLC dba Landmark Profess'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 Oregon, download the full spreadsheet with aggregated HMDA statistics today.

Download the Oregon Lender List