Mission Mortgage LLC Mortgage Lending & HMDA Data, 2023

In 2023, Mission Mortgage LLC of Wilmington, DE reported 14 mortgage applications totaling $5.4 million, down 93% from 2022. The average application was for $385,714, and applicants reported an average income of $141,928. 50% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Washington-Arlington-Alexandria, DC-VA-MD-WV (9), Harrisonburg, VA (1) and Lynchburg, VA (1) (applications in parentheses).

Mortgage Company & Address Mission Mortgage LLC
13550 Falling Water Road
Wilmington, DE 44136
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  2019  2018  2017  
Total Number of Mortgage Applications 14
Total Mortgage Loan Application Amount $5,400,000
Average Mortgage Loan Application Amount $385,714
Highest Mortgage Loan Application Amount $955,000
Average Applicant Income $141,928
Highest Applicant Income $392,000

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Act (HMDA) records Mission Mortgage LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Mission Mortgage LLC by County in 2023

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
District of Columbia, District Of Columbia 2 $ 690,000 $ 345,000 $ 124,000
Spotsylvania, Virginia 2 $ 650,000 $ 325,000 $ 103,000
Stafford, Virginia 2 $ 690,000 $ 345,000 $ 80,000
Montgomery, Maryland 1 $ 175,000 $ 175,000 $ 78,000
Prince George's, Maryland 1 $ 255,000 $ 255,000 $ 219,000
Arlington, Virginia 1 $ 925,000 $ 925,000 $ 295,000
Bedford, Virginia 1 $ 285,000 $ 285,000 $ 35,000
Prince William, Virginia 1 $ 485,000 $ 485,000 $ 156,000
Rockingham, Virginia 1 $ 165,000 $ 165,000 $ 61,000

Mortgage Loan Application Detail Totals for Mission Mortgage LLC in 2023

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 13 $5,145,000 $395,000 $955,000 $136,000 $392,000
Cash-out Refinancing 1 $255,000 $255,000 $255,000 $219,000 $219,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Refinancing 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 7 $2,485,000 $355,000 $925,000 $120,000 $295,000
Black or African American 3 $945,000 $315,000 $425,000 $156,000 $219,000
Hispanic 3 $1,015,000 $338,000 $365,000 $97,000 $107,000
Not Provided 1 $955,000 $955,000 $955,000 $392,000 $392,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
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) 10 $3,520,000 $352,000 $955,000 $141,000 $392,000
VA-guaranteed (Veterans Administration) 2 $1,290,000 $645,000 $925,000 $189,000 $295,000
FHA-insured (Federal Housing Administration) 1 $265,000 $265,000 $265,000 $93,000 $93,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $325,000 $325,000 $325,000 $107,000 $107,000

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 7 $2,115,000 $302,000 $425,000 $110,000 $219,000
Application Withdrawn By Applicant 4 $1,940,000 $485,000 $925,000 $149,000 $295,000
Preapproval Approved but not Accepted 2 $1,080,000 $540,000 $955,000 $267,000 $392,000
Application Denied By Financial Institution 1 $265,000 $265,000 $265,000 $93,000 $93,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
Loan Purchased By The 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 13 $5,135,000 $395,000 $955,000 $146,000 $392,000
Collateral 1 $265,000 $265,000 $265,000 $93,000 $93,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Mission Mortgage LLC's 2023 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 Mission Mortgage 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.
For a list of all lenders in Delaware, download the full spreadsheet with aggregated HMDA statistics today.

Download the Delaware Lender List