Newcastle Home Loans LLC Mortgage Lending & HMDA Data, 2017

In 2017, Newcastle Home Loans LLC of Chicago, IL reported 45 mortgage applications totaling $12.9 million, down 70% from 2016. The average application was for $287,088, and applicants reported an average income of $149,800. 100% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Chicago-Naperville-Arlington Heights, IL (30), Des Moines-West Des Moines, IA (8) and St. Louis, MO-IL (4) (applications in parentheses).

Mortgage Company & Address Newcastle Home Loans LLC
1700 W Cortland Street, Ste 203
Chicago, IL 60622
Tel #: available with data download
Federal Regulator * available with data download
Years 2017  2016  2015  2014  2013  
Total Number of Mortgage Applications 45
Total Mortgage Loan Application Amount $12,919,000
Average Mortgage Loan Application Amount $287,088
Highest Mortgage Loan Application Amount $984,000
Average Applicant Income $149,800
Highest Applicant Income $502,000

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(HMDA) records Newcastle Home Loans LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Newcastle Home Loans LLC by County in 2017

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Cook, Illinois 28 $ 8,568,000 $ 306,000 $ 161,000
Polk, Iowa 7 $ 1,143,000 $ 163,285 $ 94,000
Lake, Illinois 2 $ 544,000 $ 272,000 $ 109,000
St. Charles, Missouri 2 $ 738,000 $ 369,000 $ 164,000
St. Louis, Missouri 2 $ 545,000 $ 272,500 $ 167,000
McHenry, Illinois 1 $ 295,000 $ 295,000 $ 171,000
Will, Illinois 1 $ 391,000 $ 391,000 $ 221,000
Dallas, Iowa 1 $ 285,000 $ 285,000 $ 161,000
Cass, Missouri 1 $ 410,000 $ 410,000 $ 154,000

Mortgage Loan Application Detail Totals for Newcastle Home Loans LLC in 2017

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 28 $8,833,000 $315,000 $984,000 $160,000 $426,000
Home Purchase 17 $4,086,000 $240,000 $410,000 $133,000 $502,000
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 29 $9,228,000 $318,000 $984,000 $157,000 $426,000
Asian 6 $1,590,000 $265,000 $424,000 $191,000 $502,000
Black or African American 4 $616,000 $154,000 $190,000 $63,000 $78,000
Hispanic 4 $896,000 $224,000 $420,000 $94,000 $135,000
Not Provided 2 $589,000 $294,000 $383,000 $207,000 $211,000
American Indian or Alaskan Native 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) 39 $11,804,000 $302,000 $984,000 $160,000 $502,000
FHA-insured (Federal Housing Administration) 6 $1,115,000 $185,000 $241,000 $81,000 $121,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 45 $12,919,000 $287,000 $984,000 $150,000 $502,000
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
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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
Collateral 0 $0 $0 $0 $0 $0
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 Newcastle Home Loans LLC's 2017 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 Newcastle 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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