Celebrity Home Loans, LLC Mortgage Lending & HMDA Data, 2018

In 2018, Celebrity Home Loans, LLC of Oak Brook, IL reported 2,648 mortgage applications totaling $922.7 million, down 53% from 2017. The average application was for $348,432, and applicants reported an average income of $127,584. 67% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Chicago-Naperville-Arlington Heights, IL (533), St. Louis, MO-IL (349) and Los Angeles-Long Beach-Glendale, CA (199) (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 2,648
Total Mortgage Loan Application Amount $922,650,000
Average Mortgage Loan Application Amount $348,432
Highest Mortgage Loan Application Amount $3,905,000
Average Applicant Income $127,584
Highest Applicant Income $3,359,000

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records Celebrity Home Loans, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2018

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 1,089 $334,445,000 $307,000 $3,005,000 $120,000 $2,365,000
Cash-out Refinancing 855 $309,675,000 $362,000 $3,905,000 $120,000 $2,173,000
Refinancing 626 $253,060,000 $404,000 $1,905,000 $153,000 $3,359,000
Home Improvement 77 $25,205,000 $327,000 $1,065,000 $113,000 $405,000
Not Applicable 1 $265,000 $265,000 $265,000 $86,000 $86,000
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 1,565 $558,445,000 $356,000 $3,905,000 $135,000 $3,359,000
Hispanic 323 $92,745,000 $287,000 $1,275,000 $92,000 $672,000
Not Provided 313 $131,535,000 $420,000 $3,005,000 $151,000 $2,365,000
Black or African American 250 $54,960,000 $219,000 $905,000 $80,000 $418,000
Asian 189 $82,465,000 $436,000 $1,965,000 $152,000 $540,000
American Indian or Alaskan Native 4 $1,190,000 $297,000 $395,000 $53,000 $63,000
Native Hawaiian or Other Pacific Islander 4 $1,310,000 $327,000 $475,000 $102,000 $172,000
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) 1,875 $735,715,000 $392,000 $3,905,000 $146,000 $3,359,000
FHA-insured (Federal Housing Administration) 642 $149,680,000 $233,000 $785,000 $81,000 $1,089,000
VA-guaranteed (Veterans Administration) 122 $36,090,000 $295,000 $835,000 $91,000 $323,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 9 $1,165,000 $129,000 $195,000 $47,000 $77,000

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 1,767 $603,305,000 $341,000 $2,505,000 $127,000 $3,359,000
Application Withdrawn By Applicant 506 $176,360,000 $348,000 $3,905,000 $126,000 $2,173,000
Application Denied By Financial Institution 285 $108,125,000 $379,000 $2,215,000 $127,000 $1,500,000
Application Approved But Not Accepted 78 $31,410,000 $402,000 $1,295,000 $149,000 $587,000
File Closed For Incompleteness 12 $3,450,000 $287,000 $765,000 $88,000 $146,000
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 2,363 $814,525,000 $344,000 $3,905,000 $127,000 $3,359,000
Collateral 89 $32,585,000 $366,000 $2,215,000 $145,000 $804,000
Debt-To-Income Ratio 81 $33,585,000 $414,000 $1,775,000 $96,000 $581,000
Credit Application Incomplete 58 $20,940,000 $361,000 $1,505,000 $151,000 $1,500,000
Credit History 34 $10,620,000 $312,000 $845,000 $96,000 $196,000
Other 7 $2,605,000 $372,000 $1,245,000 $149,000 $549,000
Unverifiable Information 7 $2,005,000 $286,000 $745,000 $192,000 $314,000
Insufficient Cash (Downpayment, Closing Cost) 6 $4,310,000 $718,000 $2,005,000 $109,000 $210,000
Employment History 3 $1,475,000 $491,000 $655,000 $173,000 $209,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Celebrity Home Loans, LLC's 2018 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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