Mortgage Enterprise, Ltd Mortgage Lending & HMDA Data, 2014
In 2014, Mortgage Enterprise, Ltd of Carle Place, NY reported 270 mortgage applications totaling $90.6 million, up 1% from 2013. The average application was for $335,737, and applicants reported an average income of $107,377. 44% of its applications resulted in an originated loan and 11% were denied. Its largest markets were New York-Jersey City-White Plains, NY-NJ (118), Nassau County-Suffolk County, NY (111) and Fort Lauderdale-Pompano Beach-Deerfield Beach, FL (7) (applications in parentheses).
| Mortgage Company & Address | Mortgage Enterprise, Ltd 393 Old Country Rd Suite 301 Carle Place, NY 11514 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2016 2015 2014 2013 2012 |
| Total Number of Mortgage Applications | 270 |
| Total Mortgage Loan Application Amount | $90,649,000 |
| Average Mortgage Loan Application Amount | $335,737 |
| Highest Mortgage Loan Application Amount | $950,000 |
| Average Applicant Income | $107,377 |
| Highest Applicant Income | $576,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Mortgage Enterprise, Ltd filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for Mortgage Enterprise, Ltd in 2014
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 | 152 | $50,857,000 | $334,000 | $742,000 | $110,000 | $576,000 |
| Home Purchase | 118 | $39,792,000 | $337,000 | $950,000 | $104,000 | $389,000 |
| Home Improvement | 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 | 112 | $36,947,000 | $329,000 | $950,000 | $117,000 | $576,000 |
| Black or African American | 61 | $19,831,000 | $325,000 | $634,000 | $98,000 | $389,000 |
| Hispanic | 51 | $15,949,000 | $312,000 | $566,000 | $87,000 | $246,000 |
| Asian | 40 | $15,607,000 | $390,000 | $805,000 | $123,000 | $362,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $1,091,000 | $363,000 | $562,000 | $102,000 | $149,000 |
| Not Provided | 2 | $884,000 | $442,000 | $626,000 | $76,000 | $152,000 |
| American Indian or Alaskan Native | 1 | $340,000 | $340,000 | $340,000 | $82,000 | $82,000 |
| 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) | 160 | $53,958,000 | $337,000 | $950,000 | $118,000 | $576,000 |
| FHA-insured (Federal Housing Administration) | 109 | $36,227,000 | $332,000 | $742,000 | $92,000 | $558,000 |
| VA-guaranteed (Veterans Administration) | 1 | $464,000 | $464,000 | $464,000 | $81,000 | $81,000 |
| 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 | 118 | $39,017,000 | $330,000 | $696,000 | $100,000 | $362,000 |
| Application Withdrawn By Applicant | 117 | $41,686,000 | $356,000 | $950,000 | $118,000 | $576,000 |
| Application Denied By Financial Institution | 31 | $7,767,000 | $250,000 | $530,000 | $76,000 | $174,000 |
| File Closed For Incompleteness | 4 | $2,179,000 | $544,000 | $636,000 | $269,000 | $558,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 13 | $3,343,000 | $257,000 | $416,000 | $74,000 | $174,000 |
| Credit History | 5 | $1,646,000 | $329,000 | $530,000 | $104,000 | $166,000 |
| Collateral | 2 | $514,000 | $257,000 | $289,000 | $80,000 | $99,000 |
| Other | 2 | $473,000 | $236,000 | $238,000 | $61,000 | $65,000 |
| Unverifiable Information | 1 | $259,000 | $259,000 | $259,000 | $62,000 | $62,000 |
| Employment History | 1 | $110,000 | $110,000 | $110,000 | $36,000 | $36,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $294,000 | $294,000 | $294,000 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Mortgage Enterprise, Ltd's 2014 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 Mortgage Enterprise, Ltd'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.
For a list of all lenders in New York, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About