Homespire Mortgage Corporation
HMDA Loan Application Totals
and Mortgage Lending Details
for 2018
Homespire Mortgage Corporation 2018 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Homespire Mortgage Corporation 9711 Washingtonian Blvd Suite 500 Baltimore, MD 20878 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 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 | $263,000 |
| Highest Mortgage Loan Application Amount | $1,285,000 |
| Average Applicant Income | $81,333 |
| Highest Applicant Income | $876,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2018 with Homespire Mortgage Corporation. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Homespire Mortgage Corporation's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2018 breaks down Homespire Mortgage Corporation's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Homespire Mortgage Corporation serves its applicants.
Each category highlights the total number of mortgage applications processed by Homespire Mortgage Corporation, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Homespire Mortgage Corporation's mortgage activity for 2018.
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.
For a list of all lenders in Maryland, download the full spreadsheet
with aggregated HMDA statistics today.