Mid-Atlantic Financial Service Mortgage Lending & HMDA Data, 2005

In 2005, Mid-Atlantic Financial Service of Atlanta, GA reported 2,724 mortgage applications totaling $335.9 million, up 20% from 2004. The average application was for $123,295, and applicants reported an average income of $55,102. 54% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Atlanta-Sandy Springs-Marietta, GA (2,107), Columbus, GA-AL (48) and Gainesville, GA (35) (applications in parentheses).

Mortgage Company & Address Mid-Atlantic Financial Service
200 Galleria Parkway Suite 1300
Atlanta, GA 30008
Tel #: available with data download
Federal Regulator * available with data download
Years 2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 2,724
Total Mortgage Loan Application Amount $335,858,000
Average Mortgage Loan Application Amount $123,295
Highest Mortgage Loan Application Amount $1,024,000
Average Applicant Income $55,102
Highest Applicant Income $1,219,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Mid-Atlantic Financial Service filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Mid-Atlantic Financial Service by County in 2005

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Fulton, Georgia 311 $ 46,294,000 $ 148,855 $ 74,000
DeKalb, Georgia 294 $ 36,840,000 $ 125,306 $ 45,000
Cobb, Georgia 245 $ 35,595,000 $ 145,285 $ 53,000
Gwinnett, Georgia 230 $ 29,461,000 $ 128,091 $ 55,000
Clayton, Georgia 169 $ 17,564,000 $ 103,928 $ 40,000
Henry, Georgia 104 $ 12,959,000 $ 124,605 $ 48,000
Cherokee, Georgia 89 $ 11,601,000 $ 130,348 $ 74,000
Paulding, Georgia 89 $ 9,549,000 $ 107,292 $ 49,000
Coweta, Georgia 75 $ 8,769,000 $ 116,920 $ 55,000
Douglas, Georgia 69 $ 9,135,000 $ 132,391 $ 59,000
Forsyth, Georgia 67 $ 10,065,000 $ 150,223 $ 89,000
Newton, Georgia 59 $ 6,890,000 $ 116,779 $ 68,000
Carroll, Georgia 55 $ 5,456,000 $ 99,200 $ 48,000
Bartow, Georgia 46 $ 4,559,000 $ 99,108 $ 50,000
Rockdale, Georgia 42 $ 5,031,000 $ 119,785 $ 51,000
Muscogee, Georgia 40 $ 3,498,000 $ 87,450 $ 45,000
Hall, Georgia 35 $ 3,054,000 $ 87,257 $ 37,000
Spalding, Georgia 33 $ 3,193,000 $ 96,757 $ 37,000
Walton, Georgia 33 $ 3,332,000 $ 100,969 $ 45,000
Polk, Georgia 30 $ 2,544,000 $ 84,800 $ 40,000
Duval, Florida 26 $ 2,309,000 $ 88,807 $ 43,000
Barrow, Georgia 25 $ 2,608,000 $ 104,320 $ 50,000
Gordon, Georgia 19 $ 1,698,000 $ 89,368 $ 33,000
Bibb, Georgia 15 $ 1,311,000 $ 87,400 $ 36,000
Floyd, Georgia 15 $ 1,658,000 $ 110,533 $ 45,000
Lamar, Georgia 15 $ 1,400,000 $ 93,333 $ 67,000
Polk, Florida 13 $ 1,274,000 $ 98,000 $ 38,000
Fayette, Georgia 13 $ 2,117,000 $ 162,846 $ 92,000
Troup, Georgia 13 $ 1,195,000 $ 91,923 $ 32,000
Chesterfield, Virginia 13 $ 1,686,000 $ 129,692 $ 63,000
Orange, Florida 12 $ 1,481,000 $ 123,416 $ 43,000
Butts, Georgia 11 $ 905,000 $ 82,272 $ 43,000
Dougherty, Georgia 11 $ 855,000 $ 77,727 $ 41,000
Haralson, Georgia 11 $ 949,000 $ 86,272 $ 32,000
Houston, Georgia 11 $ 1,069,000 $ 97,181 $ 69,000
Chatham, Georgia 10 $ 1,580,000 $ 158,000 $ 55,000
Columbia, Georgia 10 $ 1,390,000 $ 139,000 $ 103,000
Davidson, Tennessee 10 $ 760,000 $ 76,000 $ 47,000
Hillsborough, Florida 9 $ 1,255,000 $ 139,444 $ 49,000
Pike, Georgia 9 $ 1,046,000 $ 116,222 $ 35,000
Beaufort, South Carolina 9 $ 2,166,000 $ 240,666 $ 226,000
Sarasota, Florida 8 $ 1,356,000 $ 169,500 $ 42,000
Lee, Florida 7 $ 900,000 $ 128,571 $ 28,000
Harris, Georgia 7 $ 973,000 $ 139,000 $ 71,000
Virginia Beach, Virginia 7 $ 1,200,000 $ 171,428 $ 42,000
Murray, Georgia 6 $ 524,000 $ 87,333 $ 41,000
Upson, Georgia 6 $ 571,000 $ 95,166 $ 45,000
Whitfield, Georgia 6 $ 583,000 $ 97,166 $ 43,000
Hamilton, Tennessee 6 $ 555,000 $ 92,500 $ 48,000
Newport News, Virginia 6 $ 561,000 $ 93,500 $ 40,000
Broward, Florida 5 $ 1,382,000 $ 276,400 $ 235,000
Highlands, Florida 5 $ 328,000 $ 65,600 $ 24,000
Volusia, Florida 5 $ 585,000 $ 117,000 $ 64,000
Gilmer, Georgia 5 $ 621,000 $ 124,200 $ 59,000
Heard, Georgia 5 $ 359,000 $ 71,800 $ 25,000
Lowndes, Georgia 5 $ 360,000 $ 72,000 $ 34,000
Richmond, Georgia 5 $ 578,000 $ 115,600 $ 87,000
Prince George's, Maryland 5 $ 1,118,000 $ 223,600 $ 80,000
Prince William, Virginia 5 $ 703,000 $ 140,600 $ 47,000
Baldwin, Georgia 4 $ 319,000 $ 79,750 $ 35,000
Bryan, Georgia 4 $ 413,000 $ 103,250 $ 70,000
Dade, Georgia 4 $ 357,000 $ 89,250 $ 31,000
Lee, Georgia 4 $ 377,000 $ 94,250 $ 59,000
Lumpkin, Georgia 4 $ 854,000 $ 213,500 $ 71,000
Pickens, Georgia 4 $ 578,000 $ 144,500 $ 67,000
Clay, Missouri 4 $ 213,000 $ 53,250 $ 36,000
Hampton, Virginia 4 $ 595,000 $ 148,750 $ 56,000
Roanoke City, Virginia 4 $ 219,000 $ 54,750 $ 23,000
Jefferson, Alabama 3 $ 161,000 $ 53,666 $ 77,000
Shelby, Alabama 3 $ 232,000 $ 77,333 $ 31,000
Collier, Florida 3 $ 602,000 $ 200,666 $ 80,000
Osceola, Florida 3 $ 354,000 $ 118,000 $ 69,000
Seminole, Florida 3 $ 452,000 $ 150,666 $ 37,000
St. Johns, Florida 3 $ 189,000 $ 63,000 $ 28,000
Camden, Georgia 3 $ 342,000 $ 114,000 $ 66,000
Fannin, Georgia 3 $ 577,000 $ 192,333 $ 120,000
Jackson, Georgia 3 $ 382,000 $ 127,333 $ 46,000
Jeff Davis, Georgia 3 $ 250,000 $ 83,333 $ 39,000
Morgan, Georgia 3 $ 255,000 $ 85,000 $ 50,000
Peach, Georgia 3 $ 219,000 $ 73,000 $ 42,000
Union, Georgia 3 $ 468,000 $ 156,000 $ 128,000
Charles, Maryland 3 $ 444,000 $ 148,000 $ 82,000
Chesapeake, Virginia 3 $ 368,000 $ 122,666 $ 48,000
Coffee, Alabama 2 $ 85,000 $ 42,500 $ 65,000
Brevard, Florida 2 $ 301,000 $ 150,500 $ 80,000
Charlotte, Florida 2 $ 315,000 $ 157,500 $ 45,000
Manatee, Florida 2 $ 140,000 $ 70,000 $ 35,000
Palm Beach, Florida 2 $ 675,000 $ 337,500 $ 760,000
Pinellas, Florida 2 $ 320,000 $ 160,000 $ 744,000
Suwannee, Florida 2 $ 271,000 $ 135,500 $ 55,000
Bleckley, Georgia 2 $ 122,000 $ 61,000 $ 63,000
Catoosa, Georgia 2 $ 237,000 $ 118,500 $ 30,000
Clarke, Georgia 2 $ 163,000 $ 81,500 $ 77,000
Coffee, Georgia 2 $ 167,000 $ 83,500 $ 51,000
Colquitt, Georgia 2 $ 112,000 $ 56,000 $ 33,000
Effingham, Georgia 2 $ 136,000 $ 68,000 $ 93,000
Franklin, Georgia 2 $ 177,000 $ 88,500 $ 27,000
Glynn, Georgia 2 $ 233,000 $ 116,500 $ 64,000
Jones, Georgia 2 $ 219,000 $ 109,500 $ 58,000
Laurens, Georgia 2 $ 270,000 $ 135,000 $ 61,000
Liberty, Georgia 2 $ 105,000 $ 52,500 $ 49,000
Long, Georgia 2 $ 94,000 $ 47,000 $ 39,000
Meriwether, Georgia 2 $ 168,000 $ 84,000 $ 35,000
Mitchell, Georgia 2 $ 207,000 $ 103,500 $ 48,000
Pierce, Georgia 2 $ 64,000 $ 32,000 $ 50,000
Putnam, Georgia 2 $ 190,000 $ 95,000 $ 60,000
Thomas, Georgia 2 $ 120,000 $ 60,000 $ 18,000
Walker, Georgia 2 $ 346,000 $ 173,000 $ 90,000
Ware, Georgia 2 $ 238,000 $ 119,000 $ 32,000
Wayne, Georgia 2 $ 83,000 $ 41,500 $ 63,000
Wilkinson, Georgia 2 $ 132,000 $ 66,000 $ 50,000
Frederick, Maryland 2 $ 469,000 $ 234,500 $ 90,000
Garrett, Maryland 2 $ 82,000 $ 41,000 $ 17,000
St. Mary's, Maryland 2 $ 609,000 $ 304,500 $ 95,000
Washington, Maryland 2 $ 141,000 $ 70,500 $ 24,000
Jackson, Missouri 2 $ 217,000 $ 108,500 $ 60,000
Montgomery, Tennessee 2 $ 198,000 $ 99,000 $ 50,000
Shelby, Tennessee 2 $ 224,000 $ 112,000 $ 45,000
Fairfax, Virginia 2 $ 647,000 $ 323,500 $ 99,000
Greene, Virginia 2 $ 345,000 $ 172,500 $ 71,000
Montgomery, Virginia 2 $ 405,000 $ 202,500 $ 130,000
Richmond City, Virginia 2 $ 126,000 $ 63,000 $ 16,000
Lee, Alabama 1 $ 72,000 $ 72,000 $ 16,000
Mobile, Alabama 1 $ 80,000 $ 80,000 $ 59,000
Montgomery, Alabama 1 $ 50,000 $ 50,000 $ 30,000
Randolph, Alabama 1 $ 68,000 $ 68,000 $ 114,000
Russell, Alabama 1 $ 112,000 $ 112,000 $ 57,000
Alachua, Florida 1 $ 125,000 $ 125,000 $ 39,000
Bay, Florida 1 $ 104,000 $ 104,000 $ 394,000
Calhoun, Florida 1 $ 83,000 $ 83,000 $ 45,000
DeSoto, Florida 1 $ 56,000 $ 56,000 $ 20,000
Martin, Florida 1 $ 60,000 $ 60,000 $ 62,000
Miami-Dade, Florida 1 $ 105,000 $ 105,000 $ 39,000
Pasco, Florida 1 $ 128,000 $ 128,000 $ 41,000
Putnam, Florida 1 $ 67,000 $ 67,000 $ 32,000
Walton, Florida 1 $ 128,000 $ 128,000 $ 43,000
Appling, Georgia 1 $ 256,000 $ 256,000 $ 69,000
Ben Hill, Georgia 1 $ 138,000 $ 138,000 $ 45,000
Brooks, Georgia 1 $ 108,000 $ 108,000 $ 27,000
Bulloch, Georgia 1 $ 111,000 $ 111,000 $ 34,000
Calhoun, Georgia 1 $ 50,000 $ 50,000 $ 34,000
Dawson, Georgia 1 $ 145,000 $ 145,000 $ 45,000
Decatur, Georgia 1 $ 243,000 $ 243,000 $ 122,000
Dooly, Georgia 1 $ 43,000 $ 43,000 $ 21,000
Emanuel, Georgia 1 $ 82,000 $ 82,000 $ 27,000
Greene, Georgia 1 $ 63,000 $ 63,000 $ 28,000
Habersham, Georgia 1 $ 109,000 $ 109,000 $ 56,000
Hart, Georgia 1 $ 95,000 $ 95,000 $ 48,000
Jasper, Georgia 1 $ 52,000 $ 52,000 $ 67,000
Marion, Georgia 1 $ 73,000 $ 73,000 $ 34,000
McIntosh, Georgia 1 $ 110,000 $ 110,000 $ 40,000
Monroe, Georgia 1 $ 195,000 $ 195,000 $ 81,000
Schley, Georgia 1 $ 104,000 $ 104,000 $ 68,000
Screven, Georgia 1 $ 82,000 $ 82,000 $ 26,000
Stephens, Georgia 1 $ 64,000 $ 64,000 $ 27,000
Telfair, Georgia 1 $ 62,000 $ 62,000 $ 84,000
Tift, Georgia 1 $ 85,000 $ 85,000 $ 44,000
Toombs, Georgia 1 $ 56,000 $ 56,000 $ 24,000
Warren, Georgia 1 $ 156,000 $ 156,000 $ 96,000
Webster, Georgia 1 $ 70,000 $ 70,000 $ 14,000
White, Georgia 1 $ 167,000 $ 167,000 $ 73,000
Worth, Georgia 1 $ 40,000 $ 40,000 $ 48,000
Baltimore, Maryland 1 $ 88,000 $ 88,000 $ 33,000
Baltimore City, Maryland 1 $ 77,000 $ 77,000 $ 26,000
Calvert, Maryland 1 $ 400,000 $ 400,000 $ 185,000
Harford, Maryland 1 $ 111,000 $ 111,000 $ 25,000
Queen Anne's, Maryland 1 $ 318,000 $ 318,000 $ 90,000
Worcester, Maryland 1 $ 134,000 $ 134,000 $ 67,000
Dallas, Missouri 1 $ 81,000 $ 81,000 $ 98,000
St. Louis, Missouri 1 $ 106,000 $ 106,000 $ 39,000
St. Louis City, Missouri 1 $ 184,000 $ 184,000 $ 42,000
Aiken, South Carolina 1 $ 59,000 $ 59,000 $ 42,000
Hampton, South Carolina 1 $ 53,000 $ 53,000 $ 50,000
Richland, South Carolina 1 $ 15,000 $ 15,000 $ 0
Lincoln, Tennessee 1 $ 79,000 $ 79,000 $ 53,000
Loudon, Tennessee 1 $ 114,000 $ 114,000 $ 37,000
Accomack, Virginia 1 $ 40,000 $ 40,000 $ 0
Alexandria, Virginia 1 $ 148,000 $ 148,000 $ 56,000
Dinwiddie, Virginia 1 $ 108,000 $ 108,000 $ 34,000
Fairfax City, Virginia 1 $ 324,000 $ 324,000 $ 66,000
Fauquier, Virginia 1 $ 419,000 $ 419,000 $ 96,000
Frederick, Virginia 1 $ 270,000 $ 270,000 $ 99,000
Giles, Virginia 1 $ 45,000 $ 45,000 $ 0
Henrico, Virginia 1 $ 101,000 $ 101,000 $ 60,000
Loudoun, Virginia 1 $ 514,000 $ 514,000 $ 132,000
Norfolk, Virginia 1 $ 90,000 $ 90,000 $ 0
Pittsylvania, Virginia 1 $ 108,000 $ 108,000 $ 59,000
Suffolk, Virginia 1 $ 144,000 $ 144,000 $ 37,000

Mortgage Loan Application Detail Totals for Mid-Atlantic Financial Service in 2005

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 2,207 $273,008,000 $119,125 $1,000,000 $67,375 $1,219,000
Home Purchase 504 $61,973,000 $136,000 $1,024,000 $72,625 $1,020,000
Home Improvement 13 $877,000 $72,250 $94,000 $65,500 $180,000

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 1,408 $182,231,000 $131,000 $1,024,000 $61,875 $1,219,000
Black or African American 997 $111,459,000 $84,714 $712,000 $43,285 $394,000
Not Provided 209 $27,919,000 $129,833 $675,000 $69,500 $744,000
Hispanic 72 $8,140,000 $173,333 $514,000 $72,166 $132,000
Asian 23 $3,253,000 $161,750 $421,000 $51,750 $160,000
Native Hawaiian or Other Pacific Islander 11 $2,176,000 $247,000 $645,000 $146,000 $384,000
American Indian or Alaskan Native 4 $680,000 $170,000 $297,000 $71,000 $109,000
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) 2,513 $309,787,000 $125,125 $1,024,000 $70,875 $1,219,000
FHA-insured (Federal Housing Administration) 189 $23,161,000 $102,000 $231,000 $32,500 $144,000
VA-guaranteed (Veterans Administration) 22 $2,910,000 $125,500 $250,000 $40,500 $108,000
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 1,458 $185,516,000 $146,142 $1,000,000 $87,857 $1,219,000
Application Withdrawn By Applicant 1,104 $130,674,000 $96,500 $1,024,000 $49,250 $760,000
Application Denied By Financial Institution 93 $10,565,000 $97,000 $418,000 $37,400 $334,000
Application Approved But Not Accepted 69 $9,103,000 $150,400 $950,000 $87,600 $1,020,000
File Closed For Incompleteness 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 8 $987,000 $123,000 $418,000 $105,000 $334,000
Credit History 5 $578,000 $99,500 $226,000 $32,500 $74,000
Debt-To-Income Ratio 4 $432,000 $108,000 $196,000 $36,000 $59,000
Employment History 2 $191,000 $95,000 $153,000 $90,000 $90,000
Collateral 1 $54,000 $54,000 $54,000 $41,000 $41,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Unverifiable Information 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 Mid-Atlantic Financial Service's 2005 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 Mid-Atlantic Financial Service'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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