Mann Mortgage LLC Mortgage Lending & HMDA Data, 2010

In 2010, Mann Mortgage LLC of Kalispell, MT reported 1,579 mortgage applications totaling $294.7 million, down 10% from 2009. The average application was for $186,616, and applicants reported an average income of $57,853. 77% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Reno-Sparks, NV (216), Spokane, WA (148) and Portland-Vancouver-Hillsboro, OR-WA (104) (applications in parentheses).

Mortgage Company & Address Mann Mortgage LLC
1220 Whitefish Stage
Kalispell, MT 59901
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 1,579
Total Mortgage Loan Application Amount $294,668,000
Average Mortgage Loan Application Amount $186,616
Highest Mortgage Loan Application Amount $818,000
Average Applicant Income $57,853
Highest Applicant Income $377,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Mann Mortgage LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Mann Mortgage LLC by Metropolitan Area in 2010

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Reno-Sparks, NV 216 $ 34,244,000 $ 158,537 $ 54,000
Spokane, WA 148 $ 23,501,000 $ 158,790 $ 50,000
Portland-Vancouver-Hillsboro, OR-WA 104 $ 23,584,000 $ 226,769 $ 57,923
Lewiston, ID-WA 103 $ 15,134,000 $ 146,932 $ 48,262
Billings, MT 97 $ 16,759,000 $ 172,773 $ 56,000
Honolulu, HI 93 $ 34,787,000 $ 374,053 $ 84,000
Longview, WA 82 $ 12,937,000 $ 157,768 $ 53,000
Missoula, MT 67 $ 13,716,000 $ 204,716 $ 62,000
Coeur D'Alene, ID 33 $ 5,857,000 $ 177,484 $ 56,000
Great Falls, MT 27 $ 3,938,000 $ 145,851 $ 46,000
Denver-Aurora-Broomfield, CO 20 $ 4,164,000 $ 208,200 $ 64,000
Salem, OR 16 $ 2,773,000 $ 173,312 $ 52,000
Cheyenne, WY 15 $ 2,231,000 $ 148,733 $ 58,000
Kennewick-Pasco-Richland, WA 10 $ 1,821,000 $ 182,100 $ 69,000
Anchorage, AK 5 $ 1,267,000 $ 253,400 $ 73,000
Phoenix-Mesa-Glendale, AZ 5 $ 774,000 $ 154,800 $ 44,000
Santa Ana-Anaheim-Irvine, CA 5 $ 2,278,000 $ 455,600 $ 123,000
Carson City, NV 4 $ 475,000 $ 118,750 $ 53,000
Mount Vernon-Anacortes, WA 4 $ 676,000 $ 169,000 $ 23,000
Stockton, CA 4 $ 547,000 $ 136,750 $ 60,000
Riverside-San Bernardino-Ontario, CA 3 $ 684,000 $ 228,000 $ 42,000
Boulder, CO 2 $ 531,000 $ 265,500 $ 98,000
Eugene-Springfield, OR 2 $ 364,000 $ 182,000 $ 62,000
Los Angeles-Long Beach-Glendale, CA 2 $ 970,000 $ 485,000 $ 153,000
San Diego-Carlsbad-San Marcos, CA 2 $ 789,000 $ 394,500 $ 78,000
Tucson, AZ 2 $ 228,000 $ 114,000 $ 35,000
Bend, OR 1 $ 61,000 $ 61,000 $ 21,000
Las Vegas-Paradise, NV 1 $ 207,000 $ 207,000 $ 60,000
Madera-Chowchilla, CA 1 $ 231,000 $ 231,000 $ 127,000
Medford, OR 1 $ 156,000 $ 156,000 $ 76,000
Pueblo, CO 1 $ 112,000 $ 112,000 $ 45,000
Sacramento--Arden-Arcade--Roseville, CA 1 $ 158,000 $ 158,000 $ 52,000
San Luis Obispo-Paso Robles, CA 1 $ 681,000 $ 681,000 $ 261,000
Seattle-Bellevue-Everett, WA 1 $ 543,000 $ 543,000 $ 122,000
Yakima, WA 1 $ 168,000 $ 168,000 $ 56,000

Mortgage Loan Application Detail Totals for Mann Mortgage LLC in 2010

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 1,026 $183,333,000 $178,000 $818,000 $61,000 $377,000
Refinancing 550 $110,813,000 $201,000 $812,000 $52,000 $332,000
Home Improvement 3 $522,000 $174,000 $191,000 $55,000 $88,000

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 1,274 $226,487,000 $177,000 $787,000 $58,000 $377,000
Hispanic 133 $20,084,000 $151,000 $481,000 $48,000 $342,000
Asian 86 $28,106,000 $326,000 $818,000 $73,000 $219,000
Not Provided 29 $5,468,000 $188,000 $545,000 $55,000 $144,000
Native Hawaiian or Other Pacific Islander 24 $8,262,000 $344,000 $808,000 $87,000 $182,000
American Indian or Alaskan Native 19 $3,091,000 $162,000 $252,000 $48,000 $96,000
Black or African American 14 $3,170,000 $226,000 $315,000 $67,000 $100,000
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
FHA-insured (Federal Housing Administration) 1,579 $294,668,000 $186,000 $818,000 $58,000 $377,000
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 Originated 1,209 $225,054,000 $186,000 $818,000 $58,000 $377,000
Application Withdrawn By Applicant 274 $51,245,000 $187,000 $787,000 $59,000 $342,000
Application Denied By Financial Institution 80 $15,904,000 $198,000 $808,000 $64,000 $304,000
File Closed For Incompleteness 16 $2,465,000 $154,000 $222,000 $55,000 $114,000
Application Approved But Not Accepted 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
Other 30 $5,507,000 $183,000 $551,000 $60,000 $153,000
Credit History 16 $4,002,000 $250,000 $808,000 $69,000 $182,000
Debt-To-Income Ratio 10 $2,351,000 $235,000 $438,000 $76,000 $304,000
Collateral 5 $948,000 $189,000 $245,000 $73,000 $107,000
Unverifiable Information 4 $449,000 $112,000 $170,000 $38,000 $65,000
Employment History 1 $84,000 $84,000 $84,000 $23,000 $23,000
Insufficient Cash (Downpayment, Closing Cost) 1 $193,000 $193,000 $193,000 $75,000 $75,000
Mortgage Insurance Denied 1 $82,000 $82,000 $82,000 $21,000 $21,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Mann Mortgage LLC's 2010 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 Mann Mortgage 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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