Homespire Mortgage Corporation Mortgage Lending & HMDA Data, 2018

In 2018, Homespire Mortgage Corporation of Fairfax, VA reported 3,635 mortgage applications totaling $963.9 million, up 25% from 2017. The average application was for $265,167, and applicants reported an average income of $84,823. 77% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Washington-Arlington-Alexandria, DC-VA-MD-WV (1,297), Silver Spring-Frederick-Rockville, MD (763) and Hagerstown-Martinsburg, MD-WV (249) (applications in parentheses).

Mortgage Company & Address Homespire Mortgage Corporation

Fairfax, VA 22031
Tel #: available with data download
Federal Regulator * available with data download
Years 2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  
Total Number of Mortgage Applications 3,635
Total Mortgage Loan Application Amount $963,885,000
Average Mortgage Loan Application Amount $265,167
Highest Mortgage Loan Application Amount $1,285,000
Average Applicant Income $84,823
Highest Applicant Income $876,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Homespire Mortgage Corporation filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Homespire Mortgage Corporation by County in 2018

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Montgomery, Maryland 657 $ 215,795,000 $ 328,455 $ 95,000
Prince George's, Maryland 657 $ 177,425,000 $ 270,053 $ 73,000
Berkeley, West Virginia 205 $ 35,865,000 $ 174,951 $ 68,000
Prince William, Virginia 200 $ 58,820,000 $ 294,100 $ 76,000
Fairfax, Virginia 126 $ 47,690,000 $ 378,492 $ 109,000
Frederick, Maryland 106 $ 28,880,000 $ 272,452 $ 79,000
Anne Arundel, Maryland 94 $ 30,830,000 $ 327,978 $ 90,000
Hillsborough, Florida 90 $ 19,070,000 $ 211,888 $ 81,000
Pinellas, Florida 88 $ 19,180,000 $ 217,954 $ 92,000
Dauphin, Pennsylvania 74 $ 11,640,000 $ 157,297 $ 76,000
Luzerne, Pennsylvania 72 $ 9,120,000 $ 126,666 $ 74,000
Frederick, Virginia 70 $ 15,760,000 $ 225,142 $ 81,000
Wake, North Carolina 64 $ 16,400,000 $ 256,250 $ 98,000
District of Columbia, District Of Columbia 60 $ 27,580,000 $ 459,666 $ 142,000
Cumberland, Pennsylvania 60 $ 11,220,000 $ 187,000 $ 77,000
Baltimore, Maryland 53 $ 11,805,000 $ 222,735 $ 63,000
Jefferson, West Virginia 53 $ 11,455,000 $ 216,132 $ 77,000
Pasco, Florida 51 $ 9,955,000 $ 195,196 $ 73,000
Washington, Maryland 44 $ 8,760,000 $ 199,090 $ 76,000
Charles, Maryland 42 $ 12,210,000 $ 290,714 $ 79,000
Loudoun, Virginia 40 $ 15,340,000 $ 383,500 $ 109,000
Howard, Maryland 39 $ 12,065,000 $ 309,358 $ 98,000
York, Pennsylvania 32 $ 5,950,000 $ 185,937 $ 87,000
Cumberland, North Carolina 30 $ 4,550,000 $ 151,666 $ 61,000
Stafford, Virginia 24 $ 7,560,000 $ 315,000 $ 86,000
Baltimore City, Maryland 23 $ 4,195,000 $ 182,391 $ 68,000
Morgan, West Virginia 23 $ 3,585,000 $ 155,869 $ 72,000
Orange, Florida 21 $ 4,375,000 $ 208,333 $ 67,000
Spotsylvania, Virginia 20 $ 4,570,000 $ 228,500 $ 61,000
Alexandria, Virginia 19 $ 8,675,000 $ 456,578 $ 176,000
Carroll, Maryland 18 $ 5,740,000 $ 318,888 $ 96,000
Shenandoah, Virginia 16 $ 2,900,000 $ 181,250 $ 62,000
Osceola, Florida 15 $ 3,105,000 $ 207,000 $ 54,000
Franklin, North Carolina 15 $ 3,045,000 $ 203,000 $ 81,000
Manassas, Virginia 15 $ 4,025,000 $ 268,333 $ 71,000
Johnston, North Carolina 13 $ 2,195,000 $ 168,846 $ 58,000
Warren, Virginia 13 $ 2,665,000 $ 205,000 $ 71,000
Hampshire, West Virginia 13 $ 2,015,000 $ 155,000 $ 55,000
Lancaster, Pennsylvania 12 $ 2,190,000 $ 182,500 $ 74,000
Polk, Florida 11 $ 2,025,000 $ 184,090 $ 57,000
Franklin, Pennsylvania 11 $ 1,865,000 $ 169,545 $ 71,000
Durham, North Carolina 10 $ 1,530,000 $ 153,000 $ 55,000
Winchester, Virginia 10 $ 2,290,000 $ 229,000 $ 81,000
Lake, Florida 8 $ 1,460,000 $ 182,500 $ 61,000
Arlington, Virginia 8 $ 3,700,000 $ 462,500 $ 129,000
Harford, Maryland 7 $ 2,075,000 $ 296,428 $ 100,000
Davidson, Tennessee 7 $ 2,205,000 $ 315,000 $ 115,000
Kent, Delaware 6 $ 1,610,000 $ 268,333 $ 86,000
New Castle, Delaware 6 $ 1,960,000 $ 326,666 $ 114,000
Sarasota, Florida 6 $ 1,910,000 $ 318,333 $ 104,000
Seminole, Florida 6 $ 1,350,000 $ 225,000 $ 132,000
Granville, North Carolina 6 $ 1,000,000 $ 166,666 $ 67,000
Harnett, North Carolina 6 $ 1,030,000 $ 171,666 $ 59,000
Hoke, North Carolina 6 $ 930,000 $ 155,000 $ 50,000
Mecklenburg, North Carolina 6 $ 2,660,000 $ 443,333 $ 127,000
Montgomery, Pennsylvania 6 $ 1,580,000 $ 263,333 $ 122,000
Fauquier, Virginia 6 $ 1,740,000 $ 290,000 $ 68,000
Hernando, Florida 5 $ 675,000 $ 135,000 $ 63,000
Miami-Dade, Florida 5 $ 1,025,000 $ 205,000 $ 66,000
Cecil, Maryland 5 $ 1,215,000 $ 243,000 $ 65,000
Burlington, New Jersey 5 $ 1,435,000 $ 287,000 $ 129,000
Fulton, Pennsylvania 5 $ 825,000 $ 165,000 $ 81,000
Northumberland, Pennsylvania 5 $ 565,000 $ 113,000 $ 51,000
Perry, Pennsylvania 5 $ 555,000 $ 111,000 $ 58,000
Marion, Florida 4 $ 470,000 $ 117,500 $ 69,000
Calvert, Maryland 4 $ 1,500,000 $ 375,000 $ 222,000
Worcester, Maryland 4 $ 720,000 $ 180,000 $ 102,000
Alamance, North Carolina 4 $ 850,000 $ 212,500 $ 61,000
Brunswick, North Carolina 4 $ 960,000 $ 240,000 $ 79,000
Edgecombe, North Carolina 4 $ 330,000 $ 82,500 $ 32,000
Lackawanna, Pennsylvania 4 $ 410,000 $ 102,500 $ 86,000
Manassas Park, Virginia 4 $ 1,190,000 $ 297,500 $ 56,000
Broward, Florida 3 $ 655,000 $ 218,333 $ 90,000
Manatee, Florida 3 $ 695,000 $ 231,666 $ 157,000
Wicomico, Maryland 3 $ 575,000 $ 191,666 $ 99,000
Norfolk, Massachusetts 3 $ 1,795,000 $ 598,333 $ 166,000
Camden, New Jersey 3 $ 395,000 $ 131,666 $ 70,000
Forsyth, North Carolina 3 $ 315,000 $ 105,000 $ 48,000
Nash, North Carolina 3 $ 265,000 $ 88,333 $ 38,000
Sampson, North Carolina 3 $ 315,000 $ 105,000 $ 64,000
Fairfield, Ohio 3 $ 335,000 $ 111,666 $ 83,000
Bucks, Pennsylvania 3 $ 1,035,000 $ 345,000 $ 171,000
Delaware, Pennsylvania 3 $ 405,000 $ 135,000 $ 57,000
Hamilton, Tennessee 3 $ 655,000 $ 218,333 $ 103,000
Rutherford, Tennessee 3 $ 675,000 $ 225,000 $ 50,000
Clarke, Virginia 3 $ 755,000 $ 251,666 $ 86,000
Hopewell, Virginia 3 $ 345,000 $ 115,000 $ 28,000
Sussex, Delaware 2 $ 470,000 $ 235,000 $ 119,000
Bay, Florida 2 $ 510,000 $ 255,000 $ 106,000
Brevard, Florida 2 $ 470,000 $ 235,000 $ 69,000
Clay, Florida 2 $ 340,000 $ 170,000 $ 29,000
Duval, Florida 2 $ 350,000 $ 175,000 $ 75,000
Escambia, Florida 2 $ 560,000 $ 280,000 $ 106,000
Santa Rosa, Florida 2 $ 470,000 $ 235,000 $ 60,000
Volusia, Florida 2 $ 340,000 $ 170,000 $ 77,000
Fulton, Georgia 2 $ 550,000 $ 275,000 $ 85,000
Gwinnett, Georgia 2 $ 920,000 $ 460,000 $ 154,000
Dorchester, Maryland 2 $ 290,000 $ 145,000 $ 146,000
St. Mary's, Maryland 2 $ 540,000 $ 270,000 $ 71,000
Hampden, Massachusetts 2 $ 1,210,000 $ 605,000 $ 450,000
Bergen, New Jersey 2 $ 1,000,000 $ 500,000 $ 163,000
Gloucester, New Jersey 2 $ 660,000 $ 330,000 $ 92,000
Hudson, New Jersey 2 $ 850,000 $ 425,000 $ 427,000
Middlesex, New Jersey 2 $ 930,000 $ 465,000 $ 148,000
Onslow, North Carolina 2 $ 230,000 $ 115,000 $ 70,000
Robeson, North Carolina 2 $ 240,000 $ 120,000 $ 57,000
Adams, Pennsylvania 2 $ 190,000 $ 95,000 $ 63,000
Bedford, Pennsylvania 2 $ 260,000 $ 130,000 $ 83,000
Chester, Pennsylvania 2 $ 560,000 $ 280,000 $ 112,000
Lebanon, Pennsylvania 2 $ 530,000 $ 265,000 $ 183,000
Schuylkill, Pennsylvania 2 $ 280,000 $ 140,000 $ 60,000
Tioga, Pennsylvania 2 $ 310,000 $ 155,000 $ 69,000
Wilson, Tennessee 2 $ 460,000 $ 230,000 $ 51,000
Fairfax City, Virginia 2 $ 630,000 $ 315,000 $ 71,000
Louisa, Virginia 2 $ 830,000 $ 415,000 $ 153,000
Rockbridge, Virginia 2 $ 450,000 $ 225,000 $ 93,000
Lee, Alabama 1 $ 145,000 $ 145,000 $ 97,000
Citrus, Florida 1 $ 155,000 $ 155,000 $ 83,000
Flagler, Florida 1 $ 215,000 $ 215,000 $ 70,000
Levy, Florida 1 $ 155,000 $ 155,000 $ 43,000
Okaloosa, Florida 1 $ 125,000 $ 125,000 $ 41,000
Palm Beach, Florida 1 $ 395,000 $ 395,000 $ 99,000
Walton, Florida 1 $ 455,000 $ 455,000 $ 231,000
Columbia, Georgia 1 $ 195,000 $ 195,000 $ 63,000
DeKalb, Georgia 1 $ 195,000 $ 195,000 $ 83,000
Henry, Georgia 1 $ 455,000 $ 455,000 $ 118,000
Jenkins, Georgia 1 $ 135,000 $ 135,000 $ 86,000
Union, Georgia 1 $ 155,000 $ 155,000 $ 27,000
Penobscot, Maine 1 $ 75,000 $ 75,000 $ 125,000
Caroline, Maryland 1 $ 295,000 $ 295,000 $ 91,000
Queen Anne's, Maryland 1 $ 305,000 $ 305,000 $ 78,000
Plymouth, Massachusetts 1 $ 315,000 $ 315,000 $ 59,000
Berrien, Michigan 1 $ 175,000 $ 175,000 $ 44,000
Cumberland, New Jersey 1 $ 275,000 $ 275,000 $ 140,000
Essex, New Jersey 1 $ 205,000 $ 205,000 $ 75,000
Monmouth, New Jersey 1 $ 1,025,000 $ 1,025,000 $ 256,000
Cabarrus, North Carolina 1 $ 175,000 $ 175,000 $ 95,000
Carteret, North Carolina 1 $ 285,000 $ 285,000 $ 230,000
Chatham, North Carolina 1 $ 285,000 $ 285,000 $ 182,000
Davidson, North Carolina 1 $ 115,000 $ 115,000 $ 72,000
Guilford, North Carolina 1 $ 95,000 $ 95,000 $ 97,000
Iredell, North Carolina 1 $ 225,000 $ 225,000 $ 103,000
New Hanover, North Carolina 1 $ 155,000 $ 155,000 $ 117,000
Orange, North Carolina 1 $ 495,000 $ 495,000 $ 92,000
Pender, North Carolina 1 $ 235,000 $ 235,000 $ 50,000
Union, North Carolina 1 $ 275,000 $ 275,000 $ 138,000
Watauga, North Carolina 1 $ 355,000 $ 355,000 $ 164,000
Muskingum, Ohio 1 $ 145,000 $ 145,000 $ 41,000
Berks, Pennsylvania 1 $ 195,000 $ 195,000 $ 150,000
Carbon, Pennsylvania 1 $ 75,000 $ 75,000 $ 61,000
Columbia, Pennsylvania 1 $ 105,000 $ 105,000 $ 49,000
Huntingdon, Pennsylvania 1 $ 105,000 $ 105,000 $ 44,000
Monroe, Pennsylvania 1 $ 135,000 $ 135,000 $ 54,000
Philadelphia, Pennsylvania 1 $ 225,000 $ 225,000 $ 86,000
Pike, Pennsylvania 1 $ 135,000 $ 135,000 $ 75,000
Potter, Pennsylvania 1 $ 285,000 $ 285,000 $ 251,000
Berkeley, South Carolina 1 $ 165,000 $ 165,000 $ 71,000
Charleston, South Carolina 1 $ 435,000 $ 435,000 $ 222,000
Bradley, Tennessee 1 $ 355,000 $ 355,000 $ 82,000
Coffee, Tennessee 1 $ 185,000 $ 185,000 $ 46,000
Gibson, Tennessee 1 $ 75,000 $ 75,000 $ 30,000
Hamblen, Tennessee 1 $ 75,000 $ 75,000 $ 33,000
Macon, Tennessee 1 $ 125,000 $ 125,000 $ 31,000
Shelby, Tennessee 1 $ 85,000 $ 85,000 $ 26,000
Travis, Texas 1 $ 195,000 $ 195,000 $ 97,000
Chesterfield, Virginia 1 $ 305,000 $ 305,000 $ 93,000
Franklin, Virginia 1 $ 535,000 $ 535,000 $ 450,000
Fredericksburg, Virginia 1 $ 285,000 $ 285,000 $ 77,000
Henrico, Virginia 1 $ 285,000 $ 285,000 $ 87,000
King George, Virginia 1 $ 335,000 $ 335,000 $ 144,000
Norfolk, Virginia 1 $ 335,000 $ 335,000 $ 161,000
Nottoway, Virginia 1 $ 155,000 $ 155,000 $ 106,000
Orange, Virginia 1 $ 255,000 $ 255,000 $ 61,000
Richmond City, Virginia 1 $ 425,000 $ 425,000 $ 118,000
Roanoke City, Virginia 1 $ 105,000 $ 105,000 $ 56,000
Rockingham, Virginia 1 $ 225,000 $ 225,000 $ 51,000
Virginia Beach, Virginia 1 $ 335,000 $ 335,000 $ 136,000
Wythe, Virginia 1 $ 135,000 $ 135,000 $ 76,000
Hardy, West Virginia 1 $ 135,000 $ 135,000 $ 59,000
Mineral, West Virginia 1 $ 115,000 $ 115,000 $ 36,000
Monongalia, West Virginia 1 $ 85,000 $ 85,000 $ 34,000
Webster, West Virginia 1 $ 95,000 $ 95,000 $ 40,000

Mortgage Loan Application Detail Totals for Homespire Mortgage Corporation 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 3,171 $842,405,000 $265,000 $1,285,000 $85,000 $876,000
Refinancing 379 $99,075,000 $261,000 $785,000 $86,000 $481,000
Cash-out Refinancing 85 $22,405,000 $263,000 $805,000 $73,000 $230,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
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
Hispanic 1,483 $404,955,000 $273,000 $1,165,000 $73,000 $525,000
White 1,344 $322,920,000 $240,000 $1,285,000 $93,000 $876,000
Black or African American 473 $132,565,000 $280,000 $755,000 $85,000 $497,000
Not Provided 203 $59,905,000 $295,000 $775,000 $95,000 $288,000
Asian 122 $40,390,000 $331,000 $885,000 $110,000 $522,000
American Indian or Alaskan Native 8 $2,400,000 $300,000 $615,000 $136,000 $355,000
Native Hawaiian or Other Pacific Islander 1 $305,000 $305,000 $305,000 $108,000 $108,000
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) 1,668 $442,820,000 $265,000 $1,285,000 $95,000 $876,000
FHA-insured (Federal Housing Administration) 1,560 $406,300,000 $260,000 $775,000 $73,000 $414,000
VA-guaranteed (Veterans Administration) 264 $89,990,000 $340,000 $1,055,000 $102,000 $450,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 143 $24,775,000 $173,000 $305,000 $58,000 $95,000

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 2,797 $735,855,000 $263,000 $1,155,000 $85,000 $876,000
Application Withdrawn By Applicant 311 $85,445,000 $274,000 $1,065,000 $79,000 $773,000
Application Approved But Not Accepted 289 $81,615,000 $282,000 $1,165,000 $95,000 $522,000
Application Denied By Financial Institution 133 $31,335,000 $235,000 $695,000 $73,000 $481,000
File Closed For Incompleteness 104 $29,370,000 $282,000 $1,285,000 $77,000 $480,000
Preapproval Denied by Financial Institution 1 $265,000 $265,000 $265,000 $59,000 $59,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 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 3,501 $932,285,000 $266,000 $1,285,000 $85,000 $876,000
Credit History 42 $10,710,000 $255,000 $565,000 $75,000 $220,000
Collateral 27 $6,235,000 $230,000 $675,000 $89,000 $452,000
Debt-To-Income Ratio 21 $4,325,000 $205,000 $355,000 $44,000 $96,000
Insufficient Cash (Downpayment, Closing Cost) 19 $4,545,000 $239,000 $695,000 $71,000 $180,000
Employment History 9 $2,435,000 $270,000 $445,000 $118,000 $481,000
Other 8 $1,540,000 $192,000 $325,000 $58,000 $100,000
Unverifiable Information 7 $1,655,000 $236,000 $385,000 $57,000 $128,000
Credit Application Incomplete 1 $155,000 $155,000 $155,000 $56,000 $56,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Homespire Mortgage Corporation'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 Homespire Mortgage Corporation'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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