Celebrity Home Loans, LLC Mortgage Lending & HMDA Data, 2021

In 2021, Celebrity Home Loans, LLC of Oak Brook, IL reported 24,475 mortgage applications totaling $9.4 billion, up 61% from 2020. The average application was for $385,168, and applicants reported an average income of $137,228. 79% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Chicago-Naperville, IL (2,380), Denver-Aurora-Lakewood, CO (1,611) and Las Vegas-Henderson-Paradise, NV (1,524) (applications in parentheses).

Mortgage Company & Address Celebrity Home Loans, LLC
2001 Spring Rd Suite 100
Oak Brook, IL 60523
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 24,475
Total Mortgage Loan Application Amount $9,426,995,000
Average Mortgage Loan Application Amount $385,168
Highest Mortgage Loan Application Amount $2,925,000
Average Applicant Income $137,228
Highest Applicant Income $8,333,000

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records Celebrity Home Loans, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for Celebrity Home Loans, LLC 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 12,500 $4,851,250,000 $388,000 $2,925,000 $131,000 $8,333,000
Refinancing 6,928 $2,743,610,000 $396,000 $2,885,000 $153,000 $3,407,000
Cash-out Refinancing 5,044 $1,831,610,000 $363,000 $2,515,000 $131,000 $2,353,000
Other Purpose 3 $525,000 $175,000 $255,000 $141,000 $241,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 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 13,512 $5,205,660,000 $385,000 $2,925,000 $144,000 $8,333,000
Not Provided 5,042 $2,102,670,000 $417,000 $2,755,000 $149,000 $4,200,000
Hispanic 2,995 $966,215,000 $322,000 $1,895,000 $100,000 $2,400,000
Asian 1,481 $690,145,000 $465,000 $2,885,000 $153,000 $4,364,000
Black or African American 1,277 $389,565,000 $305,000 $2,425,000 $96,000 $3,799,000
American Indian or Alaskan Native 90 $33,310,000 $370,000 $1,605,000 $123,000 $1,361,000
Native Hawaiian or Other Pacific Islander 65 $32,725,000 $503,000 $1,445,000 $124,000 $680,000
Not applicable 1 $545,000 $545,000 $545,000 $153,000 $153,000

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) 19,536 $7,736,080,000 $395,000 $2,925,000 $153,000 $8,333,000
FHA-insured (Federal Housing Administration) 2,896 $795,770,000 $274,000 $1,205,000 $72,000 $1,394,000
VA-guaranteed (Veterans Administration) 1,778 $840,280,000 $472,000 $2,515,000 $86,000 $829,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 265 $54,865,000 $207,000 $775,000 $57,000 $162,000

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 19,234 $7,421,370,000 $385,000 $2,925,000 $138,000 $8,333,000
Application Withdrawn By Applicant 3,700 $1,461,470,000 $394,000 $2,795,000 $141,000 $4,200,000
Application Denied By Financial Institution 952 $318,790,000 $334,000 $2,325,000 $119,000 $7,547,000
File Closed For Incompleteness 436 $166,760,000 $382,000 $2,515,000 $137,000 $1,191,000
Application Approved But Not Accepted 108 $37,980,000 $351,000 $1,475,000 $125,000 $922,000
Preapproval Approved but not Accepted 35 $18,345,000 $524,000 $1,355,000 $127,000 $293,000
Loan Purchased By The Institution 7 $1,445,000 $206,000 $465,000 $91,000 $245,000
Preapproval Denied by Financial Institution 3 $835,000 $278,000 $475,000 $81,000 $199,000

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 23,520 $9,107,370,000 $387,000 $2,925,000 $138,000 $8,333,000
Other 274 $85,160,000 $310,000 $2,325,000 $126,000 $3,799,000
Debt-To-Income Ratio 219 $82,535,000 $376,000 $2,005,000 $88,000 $888,000
Collateral 197 $62,705,000 $318,000 $1,915,000 $121,000 $1,200,000
Credit History 109 $37,825,000 $347,000 $1,245,000 $110,000 $564,000
Employment History 79 $25,375,000 $321,000 $1,325,000 $181,000 $7,547,000
Insufficient Cash (Downpayment, Closing Cost) 43 $12,765,000 $296,000 $845,000 $88,000 $588,000
Unverifiable Information 24 $8,790,000 $366,000 $1,255,000 $178,000 $1,524,000
Credit Application Incomplete 10 $4,470,000 $447,000 $1,195,000 $135,000 $335,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Celebrity Home Loans, LLC'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 Celebrity Home Loans, 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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