Meridias Capital Incorporated Mortgage Lending & HMDA Data, 2006

In 2006, Meridias Capital Incorporated of Charlotte, NC reported 14,934 mortgage applications totaling $2.7 billion, up 36% from 2005. The average application was for $180,891, and applicants reported an average income of $119,914. 89% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Las Vegas-Paradise, NV (6,499), Salt Lake City, UT (1,165) and Phoenix-Mesa-Scottsdale, AZ (915) (applications in parentheses).

Mortgage Company & Address Meridias Capital Incorporated
P.O. Box 241429
Charlotte, NC 28273
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2006  2005  
Total Number of Mortgage Applications 14,934
Total Mortgage Loan Application Amount $2,701,432,000
Average Mortgage Loan Application Amount $180,891
Highest Mortgage Loan Application Amount $3,300,000
Average Applicant Income $119,914
Highest Applicant Income $2,700,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Meridias Capital Incorporated filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Meridias Capital Incorporated by Metropolitan Area in 2006

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Las Vegas-Paradise, NV 6,499 $ 1,271,056,000 $ 195,577 $ 119,000
Salt Lake City, UT 1,165 $ 225,535,000 $ 193,592 $ 122,000
Phoenix-Mesa-Scottsdale, AZ 915 $ 179,740,000 $ 196,437 $ 125,000
Dallas-Plano-Irving, TX 882 $ 117,184,000 $ 132,861 $ 105,000
Fort Worth-Arlington, TX 395 $ 45,063,000 $ 114,083 $ 93,000
Oklahoma City, OK 349 $ 33,386,000 $ 95,661 $ 89,000
Riverside-San Bernardino-Ontario, CA 258 $ 57,636,000 $ 223,395 $ 128,000
Houston-Sugar Land-Baytown, TX 224 $ 23,092,000 $ 103,089 $ 114,000
Ogden-Clearfield, UT 208 $ 29,628,000 $ 142,442 $ 106,000
Austin-Round Rock, TX 199 $ 19,294,000 $ 96,954 $ 101,000
Provo-Orem, UT 197 $ 29,320,000 $ 148,832 $ 107,000
Atlanta-Sandy Springs-Marietta, GA 193 $ 18,162,000 $ 94,103 $ 92,000
Los Angeles-Long Beach-Glendale, CA 147 $ 44,624,000 $ 303,564 $ 164,000
San Antonio, TX 142 $ 15,267,000 $ 107,514 $ 152,000
Anchorage, AK 134 $ 20,053,000 $ 149,649 $ 88,000
Tulsa, OK 133 $ 11,401,000 $ 85,721 $ 58,000
Denver-Aurora, CO 131 $ 23,431,000 $ 178,862 $ 123,000
Kansas City, MO-KS 128 $ 12,752,000 $ 99,625 $ 91,687
San Diego-Carlsbad-San Marcos, CA 124 $ 39,005,000 $ 314,556 $ 173,000
Stockton, CA 105 $ 27,908,000 $ 265,790 $ 100,000
Oakland-Fremont-Hayward, CA 95 $ 31,328,000 $ 329,768 $ 161,000
Sacramento--Arden-Arcade--Roseville, CA 82 $ 23,873,000 $ 291,134 $ 147,000
New Orleans-Metairie-Kenner, LA 70 $ 8,473,000 $ 121,042 $ 122,000
Tucson, AZ 65 $ 8,672,000 $ 133,415 $ 143,000
Boise City-Nampa, ID 55 $ 6,040,000 $ 109,818 $ 171,000
St. George, UT 55 $ 9,680,000 $ 176,000 $ 143,000
Orlando-Kissimmee, FL 52 $ 9,013,000 $ 173,326 $ 111,000
Virginia Beach-Norfolk-Newport News, VA-NC 52 $ 6,597,000 $ 126,865 $ 55,000
Albuquerque, NM 49 $ 5,674,000 $ 115,795 $ 136,000
Logan, UT-ID 47 $ 5,498,000 $ 116,978 $ 46,659
Santa Ana-Anaheim-Irvine, CA 47 $ 19,204,000 $ 408,595 $ 372,000
Santa Rosa-Petaluma, CA 40 $ 14,357,000 $ 358,925 $ 140,000
Seattle-Bellevue-Everett, WA 36 $ 9,954,000 $ 276,500 $ 131,000
Tampa-St. Petersburg-Clearwater, FL 35 $ 5,605,000 $ 160,142 $ 133,000
Jacksonville, FL 32 $ 2,617,000 $ 81,781 $ 110,000
Reno-Sparks, NV 32 $ 7,807,000 $ 243,968 $ 158,000
Savannah, GA 29 $ 3,145,000 $ 108,448 $ 106,000
Cape Coral-Fort Myers, FL 27 $ 5,288,000 $ 195,851 $ 205,000
Sarasota-Bradenton-Venice, FL 27 $ 9,345,000 $ 346,111 $ 210,000
Baton Rouge, LA 26 $ 3,472,000 $ 133,538 $ 159,000
Prescott, AZ 25 $ 4,323,000 $ 172,920 $ 103,000
Honolulu, HI 24 $ 7,624,000 $ 317,666 $ 108,000
Portland-Vancouver-Beaverton, OR-WA 22 $ 4,158,000 $ 189,000 $ 189,090
Richmond, VA 22 $ 3,138,000 $ 142,636 $ 60,000
Baltimore-Towson, MD 20 $ 2,522,000 $ 126,100 $ 40,000
San Jose-Sunnyvale-Santa Clara, CA 20 $ 8,255,000 $ 412,750 $ 142,000
Fort Collins-Loveland, CO 19 $ 3,462,000 $ 182,210 $ 96,000
West Palm Beach-Boca Raton-Boynton Beach, FL 19 $ 3,412,000 $ 179,578 $ 105,000
Fresno, CA 18 $ 2,900,000 $ 161,111 $ 98,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 17 $ 4,132,000 $ 243,058 $ 97,705
Bakersfield, CA 16 $ 3,173,000 $ 198,312 $ 77,000
Idaho Falls, ID 16 $ 2,213,000 $ 138,312 $ 122,000
El Centro, CA 15 $ 2,569,000 $ 171,266 $ 103,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 15 $ 3,200,000 $ 213,333 $ 314,000
Colorado Springs, CO 14 $ 2,566,000 $ 183,285 $ 116,000
El Paso, TX 14 $ 994,000 $ 71,000 $ 75,000
Tacoma, WA 14 $ 2,389,000 $ 170,642 $ 104,000
Warren-Troy-Farmington Hills, MI 14 $ 2,759,000 $ 197,071 $ 139,000
Indianapolis-Carmel, IN 13 $ 830,000 $ 63,846 $ 134,000
Pueblo, CO 12 $ 1,677,000 $ 139,750 $ 125,000
Yuma, AZ 12 $ 2,107,000 $ 175,583 $ 79,000
Merced, CA 11 $ 4,006,000 $ 364,181 $ 241,000
Miami-Miami Beach-Kendall, FL 11 $ 3,184,000 $ 289,454 $ 200,000
Oxnard-Thousand Oaks-Ventura, CA 11 $ 4,626,000 $ 420,545 $ 171,000
Santa Fe, NM 11 $ 3,436,000 $ 312,363 $ 263,000
Myrtle Beach-Conway-North Myrtle Beach, SC 10 $ 1,228,000 $ 122,800 $ 98,000
Nashville-Davidson--Murfreesboro, TN 10 $ 2,123,000 $ 212,300 $ 85,000
San Francisco-San Mateo-Redwood City, CA 10 $ 3,918,000 $ 391,800 $ 200,000
Visalia-Porterville, CA 10 $ 1,368,000 $ 136,800 $ 67,000
Coeur D'Alene, ID 9 $ 1,090,000 $ 121,111 $ 106,000
Lakeland, FL 9 $ 693,000 $ 77,000 $ 41,000
Naples-Marco Island, FL 9 $ 1,662,000 $ 184,666 $ 81,000
St. Louis, MO-IL 9 $ 1,181,000 $ 131,222 $ 81,000
Tyler, TX 9 $ 1,650,000 $ 183,333 $ 223,000
Detroit-Livonia-Dearborn, MI 8 $ 483,000 $ 60,375 $ 23,000
Flagstaff, AZ 8 $ 1,699,000 $ 212,375 $ 117,000
Greeley, CO 8 $ 1,015,000 $ 126,875 $ 95,000
Minneapolis-St. Paul-Bloomington, MN-WI 8 $ 1,660,000 $ 207,500 $ 172,000
Chicago-Naperville-Joliet, IL 7 $ 929,000 $ 132,714 $ 197,000
Kennewick-Richland-Pasco, WA 7 $ 767,000 $ 109,571 $ 70,000
Olympia, WA 7 $ 1,230,000 $ 175,714 $ 96,000
San Luis Obispo-Paso Robles, CA 7 $ 2,684,000 $ 383,428 $ 188,000
Sherman-Denison, TX 7 $ 518,000 $ 74,000 $ 34,000
Spokane, WA 7 $ 814,000 $ 116,285 $ 107,000
College Station-Bryan, TX 6 $ 503,000 $ 83,833 $ 97,000
Des Moines-West Des Moines, IA 6 $ 432,000 $ 72,000 $ 98,000
Grand Junction, CO 6 $ 1,163,000 $ 193,833 $ 194,000
Knoxville, TN 6 $ 772,000 $ 128,666 $ 120,000
Athens-Clarke County, GA 5 $ 425,000 $ 85,000 $ 76,000
Boulder, CO 5 $ 1,716,000 $ 343,200 $ 117,000
Cedar Rapids, IA 5 $ 380,000 $ 76,000 $ 91,000
Gary, IN 5 $ 434,000 $ 86,800 $ 122,000
Las Cruces, NM 5 $ 521,000 $ 104,200 $ 361,000
Ocala, FL 5 $ 640,000 $ 128,000 $ 217,000
Salinas, CA 5 $ 2,068,000 $ 413,600 $ 326,000
Santa Barbara-Santa Maria, CA 5 $ 1,262,000 $ 252,400 $ 13,000
Tuscaloosa, AL 5 $ 316,000 $ 63,200 $ 133,000
Vallejo-Fairfield, CA 5 $ 1,100,000 $ 220,000 $ 93,000
Bethesda-Gaithersburg-Frederick, MD 4 $ 1,647,000 $ 411,750 $ 171,000
Birmingham-Hoover, AL 4 $ 491,000 $ 122,750 $ 52,000
Bremerton-Silverdale, WA 4 $ 635,000 $ 158,750 $ 271,000
Carson City, NV 4 $ 517,000 $ 129,250 $ 96,000
Deltona-Daytona Beach-Ormond Beach, FL 4 $ 372,000 $ 93,000 $ 71,000
Fayetteville, NC 4 $ 630,000 $ 157,500 $ 124,000
Fayetteville-Springdale-Rogers, AR-MO 4 $ 320,000 $ 80,000 $ 67,000
Gainesville, GA 4 $ 507,000 $ 126,750 $ 71,000
Jackson, MS 4 $ 352,000 $ 88,000 $ 180,000
Little Rock-North Little Rock, AR 4 $ 376,000 $ 94,000 $ 61,000
McAllen-Edinburg-Mission, TX 4 $ 512,000 $ 128,000 $ 139,000
Montgomery, AL 4 $ 271,000 $ 67,750 $ 57,000
Panama City-Lynn Haven, FL 4 $ 436,000 $ 109,000 $ 90,000
Springfield, MO 4 $ 136,000 $ 34,000 $ 23,000
Warner Robins, GA 4 $ 272,000 $ 68,000 $ 213,000
Augusta-Richmond County, GA-SC 3 $ 847,000 $ 282,333 $ 396,333
Beaumont-Port Arthur, TX 3 $ 296,000 $ 98,666 $ 126,000
Bend, OR 3 $ 599,000 $ 199,666 $ 88,000
Cambridge-Newton-Framingham, MA 3 $ 438,000 $ 146,000 $ 81,000
Eugene-Springfield, OR 3 $ 247,000 $ 82,333 $ 0
Lawton, OK 3 $ 377,000 $ 125,666 $ 108,000
Napa, CA 3 $ 1,232,000 $ 410,666 $ 86,000
Raleigh-Cary, NC 3 $ 715,000 $ 238,333 $ 114,000
Tallahassee, FL 3 $ 272,000 $ 90,666 $ 50,000
Worcester, MA 3 $ 333,000 $ 111,000 $ 49,000
Abilene, TX 2 $ 87,000 $ 43,500 $ 175,000
Amarillo, TX 2 $ 384,000 $ 192,000 $ 177,000
Billings, MT 2 $ 311,000 $ 155,500 $ 81,000
Charleston-North Charleston, SC 2 $ 318,000 $ 159,000 $ 235,000
Columbus, GA-AL 2 $ 385,000 $ 192,500 $ 180,000
Farmington, NM 2 $ 180,000 $ 90,000 $ 49,000
Fort Smith, AR-OK 2 $ 140,000 $ 70,000 $ 48,000
Hinesville-Fort Stewart, GA 2 $ 122,000 $ 61,000 $ 61,000
Iowa City, IA 2 $ 143,000 $ 71,500 $ 53,000
Kalamazoo-Portage, MI 2 $ 240,000 $ 120,000 $ 57,000
Longview, TX 2 $ 506,000 $ 253,000 $ 312,000
Memphis, TN-MS-AR 2 $ 195,000 $ 97,500 $ 0
Omaha-Council Bluffs, NE-IA 2 $ 119,000 $ 59,500 $ 108,000
Palm Bay-Melbourne-Titusville, FL 2 $ 205,000 $ 102,500 $ 67,000
Pascagoula, MS 2 $ 318,000 $ 159,000 $ 159,000
Pensacola-Ferry Pass-Brent, FL 2 $ 840,000 $ 420,000 $ 376,000
Redding, CA 2 $ 167,000 $ 83,500 $ 72,000
Saginaw-Saginaw Township North, MI 2 $ 738,000 $ 369,000 $ 300,000
Shreveport-Bossier City, LA 2 $ 105,000 $ 52,500 $ 48,000
St. Joseph, MO-KS 2 $ 147,000 $ 73,500 $ 49,000
Wilmington, NC 2 $ 293,000 $ 146,500 $ 144,000
Yuba City, CA 2 $ 666,000 $ 333,000 $ 156,000
Anderson, IN 1 $ 170,000 $ 170,000 $ 321,000
Bellingham, WA 1 $ 244,000 $ 244,000 $ 58,000
Blacksburg-Christiansburg-Radford, VA 1 $ 78,000 $ 78,000 $ 21,000
Chico, CA 1 $ 140,000 $ 140,000 $ 37,000
Corvallis, OR 1 $ 385,000 $ 385,000 $ 301,000
Durham, NC 1 $ 184,000 $ 184,000 $ 101,000
Great Falls, MT 1 $ 168,000 $ 168,000 $ 96,000
Huntsville, AL 1 $ 190,000 $ 190,000 $ 243,000
Lafayette, LA 1 $ 240,000 $ 240,000 $ 82,000
Longview, WA 1 $ 194,000 $ 194,000 $ 69,000
Macon, GA 1 $ 53,000 $ 53,000 $ 0
Madera, CA 1 $ 355,000 $ 355,000 $ 0
Medford, OR 1 $ 165,000 $ 165,000 $ 105,000
Mount Vernon-Anacortes, WA 1 $ 336,000 $ 336,000 $ 76,000
Philadelphia, PA 1 $ 184,000 $ 184,000 $ 145,000
Port St. Lucie-Fort Pierce, FL 1 $ 93,000 $ 93,000 $ 41,000
Sebastian-Vero Beach, FL 1 $ 123,000 $ 123,000 $ 162,000
Wenatchee, WA 1 $ 174,000 $ 174,000 $ 47,000

Mortgage Loan Application Detail Totals for Meridias Capital Incorporated in 2006

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 10,775 $1,832,183,000 $170,000 $2,800,000 $117,000 $2,700,000
Refinancing 4,102 $857,959,000 $209,000 $3,300,000 $127,000 $1,954,000
Home Improvement 57 $11,290,000 $198,000 $1,000,000 $161,000 $780,000

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 8,515 $1,573,276,000 $184,000 $3,300,000 $130,000 $2,700,000
Hispanic 2,521 $392,435,000 $155,000 $1,500,000 $81,000 $2,075,000
Not Provided 2,395 $457,173,000 $190,000 $1,500,000 $126,000 $1,954,000
Black or African American 685 $109,881,000 $160,000 $1,000,000 $102,000 $601,000
Asian 617 $128,015,000 $207,000 $1,000,000 $127,000 $1,092,000
Native Hawaiian or Other Pacific Islander 155 $32,757,000 $211,000 $3,000,000 $125,000 $1,128,000
American Indian or Alaskan Native 46 $7,895,000 $171,000 $640,000 $107,000 $321,000
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) 14,701 $2,667,888,000 $181,000 $3,300,000 $121,000 $2,700,000
FHA-insured (Federal Housing Administration) 218 $30,290,000 $138,000 $298,000 $55,000 $201,000
VA-guaranteed (Veterans Administration) 15 $3,254,000 $216,000 $322,000 $94,000 $201,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 13,299 $2,366,067,000 $177,000 $3,000,000 $120,000 $2,700,000
Application Withdrawn By Applicant 727 $138,143,000 $190,000 $1,664,000 $120,000 $1,061,000
Application Approved But Not Accepted 505 $113,265,000 $224,000 $3,300,000 $126,000 $812,000
File Closed For Incompleteness 288 $63,489,000 $220,000 $2,100,000 $120,000 $762,000
Application Denied By Financial Institution 115 $20,468,000 $177,000 $1,160,000 $110,000 $600,000
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
Credit History 58 $10,022,000 $172,000 $1,160,000 $77,000 $600,000
Collateral 28 $4,748,000 $169,000 $960,000 $150,000 $350,000
Other 15 $3,793,000 $252,000 $760,000 $183,000 $348,000
Debt-To-Income Ratio 9 $1,549,000 $172,000 $432,000 $114,000 $318,000
Employment History 3 $179,000 $59,000 $84,000 $22,000 $66,000
Unverifiable Information 2 $177,000 $88,000 $142,000 $72,000 $72,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
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 Meridias Capital Incorporated's 2006 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 Meridias Capital Incorporated'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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