Opteum Financial Services LLC Mortgage Lending & HMDA Data, 2003
In 2003, Opteum Financial Services LLC of Paramus, NJ reported 30,073 mortgage applications totaling $5.1 billion. The average application was for $169,776, and applicants reported an average income of $74,668. 60% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Atlanta, GA (10,163), New York, NY (1,588) and Tampa-St. Petersburg-Clearwater, FL (1,115) (applications in parentheses).
| Mortgage Company & Address | Opteum Financial Services LLC West 115 Century Road - 3rd Floor Paramus, NJ 07652 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2004 2003 |
| Total Number of Mortgage Applications | 30,073 |
| Total Mortgage Loan Application Amount | $5,105,694,000 |
| Average Mortgage Loan Application Amount | $169,776 |
| Highest Mortgage Loan Application Amount | $6,338,000 |
| Average Applicant Income | $74,668 |
| Highest Applicant Income | $3,423,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Opteum Financial Services LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Atlanta, GA | 10,163 | $ 1,492,315,000 | $ 146,838 | $ 63,000 |
| New York, NY | 1,588 | $ 347,644,000 | $ 218,919 | $ 81,000 |
| Tampa-St. Petersburg-Clearwater, FL | 1,115 | $ 154,934,000 | $ 138,954 | $ 62,000 |
| Newark, NJ | 1,039 | $ 195,649,000 | $ 188,305 | $ 70,000 |
| Los Angeles-Long Beach, CA | 890 | $ 233,908,000 | $ 262,817 | $ 101,000 |
| Nassau-Suffolk, NY | 835 | $ 183,213,000 | $ 219,416 | $ 84,000 |
| Bergen-Passaic, NJ | 666 | $ 142,978,000 | $ 214,681 | $ 83,000 |
| Orange County, CA | 623 | $ 206,293,000 | $ 331,128 | $ 180,000 |
| San Antonio, TX | 577 | $ 61,823,000 | $ 107,145 | $ 50,000 |
| Detroit, MI | 546 | $ 74,984,000 | $ 137,333 | $ 54,000 |
| Riverside-San Bernardino, CA | 520 | $ 93,218,000 | $ 179,265 | $ 99,000 |
| Monmouth-Ocean, NJ | 471 | $ 86,706,000 | $ 184,089 | $ 79,000 |
| Middlesex-Somerset-Hunterdon, NJ | 386 | $ 78,637,000 | $ 203,722 | $ 87,000 |
| Boston, MA-NH | 321 | $ 74,161,000 | $ 231,031 | $ 77,000 |
| San Diego, CA | 308 | $ 91,870,000 | $ 298,279 | $ 118,000 |
| Bridgeport, CT | 304 | $ 53,998,000 | $ 177,625 | $ 71,000 |
| Jersey City, NJ | 303 | $ 60,923,000 | $ 201,066 | $ 73,000 |
| Charlotte-Gastonia-Rock Hill, NC-SC | 294 | $ 38,439,000 | $ 130,744 | $ 55,000 |
| Austin-San Marcos, TX | 212 | $ 34,046,000 | $ 160,594 | $ 67,000 |
| Sarasota-Bradenton, FL | 207 | $ 34,247,000 | $ 165,444 | $ 92,000 |
| Hartford, CT | 202 | $ 29,464,000 | $ 145,861 | $ 63,000 |
| Baltimore, MD | 191 | $ 24,903,000 | $ 130,382 | $ 56,000 |
| Dallas, TX | 180 | $ 26,864,000 | $ 149,244 | $ 70,000 |
| Atlantic-Cape May, NJ | 177 | $ 24,917,000 | $ 140,774 | $ 71,000 |
| New Haven-Meriden, CT | 175 | $ 27,122,000 | $ 154,982 | $ 67,000 |
| Denver, CO | 172 | $ 29,352,000 | $ 170,651 | $ 90,000 |
| Ventura, CA | 166 | $ 42,904,000 | $ 258,457 | $ 109,000 |
| Colorado Springs, CO | 159 | $ 24,350,000 | $ 153,144 | $ 52,000 |
| Philadelphia, PA-NJ | 151 | $ 18,850,000 | $ 124,834 | $ 68,000 |
| Las Vegas, NV-AZ | 150 | $ 22,392,000 | $ 149,280 | $ 79,000 |
| Newburgh, NY-PA | 142 | $ 24,351,000 | $ 171,485 | $ 72,000 |
| Cleveland-Lorain-Elyria, OH | 130 | $ 16,100,000 | $ 123,846 | $ 52,000 |
| Chicago, IL | 127 | $ 25,857,000 | $ 203,598 | $ 85,000 |
| Danbury, CT | 121 | $ 25,035,000 | $ 206,900 | $ 75,000 |
| Phoenix-Mesa, AZ | 104 | $ 15,000,000 | $ 144,230 | $ 76,000 |
| Oakland, CA | 102 | $ 30,108,000 | $ 295,176 | $ 101,000 |
| San Francisco, CA | 101 | $ 38,371,000 | $ 379,910 | $ 163,000 |
| Rochester, NY | 99 | $ 8,683,000 | $ 87,707 | $ 56,000 |
| Trenton, NJ | 92 | $ 14,589,000 | $ 158,576 | $ 80,000 |
| San Jose, CA | 91 | $ 30,662,000 | $ 336,945 | $ 116,000 |
| Waterbury, CT | 90 | $ 13,130,000 | $ 145,888 | $ 73,000 |
| Providence-Fall River-Warwick, RI-MA | 89 | $ 13,980,000 | $ 157,078 | $ 64,000 |
| Grand Rapids-Muskegon-Holland, MI | 81 | $ 10,956,000 | $ 135,259 | $ 52,000 |
| Buffalo-Niagara Falls, NY | 79 | $ 7,272,000 | $ 92,050 | $ 56,000 |
| Dutchess County, NY | 79 | $ 13,339,000 | $ 168,848 | $ 76,000 |
| Fort Worth-Arlington, TX | 78 | $ 8,927,000 | $ 114,448 | $ 55,000 |
| Kansas City, MO-KS | 78 | $ 9,254,000 | $ 118,641 | $ 42,000 |
| Brockton, MA | 74 | $ 13,617,000 | $ 184,013 | $ 56,000 |
| Columbus, OH | 74 | $ 9,590,000 | $ 129,594 | $ 51,000 |
| Cincinnati, OH-KY-IN | 73 | $ 11,399,000 | $ 156,150 | $ 50,000 |
| Houston, TX | 68 | $ 9,081,000 | $ 133,544 | $ 71,000 |
| Seattle-Bellevue-Everett, WA | 65 | $ 14,724,000 | $ 226,523 | $ 93,000 |
| Albany-Schenectady-Troy, NY | 61 | $ 6,865,000 | $ 112,540 | $ 67,000 |
| Stamford-Norwalk, CT | 61 | $ 15,960,000 | $ 261,639 | $ 87,000 |
| Athens, GA | 59 | $ 8,475,000 | $ 143,644 | $ 100,000 |
| Orlando, FL | 59 | $ 7,857,000 | $ 133,169 | $ 63,000 |
| Jacksonville, FL | 56 | $ 8,233,000 | $ 147,017 | $ 74,000 |
| Indianapolis, IN | 55 | $ 6,734,000 | $ 122,436 | $ 34,000 |
| Lexington, KY | 55 | $ 5,774,000 | $ 104,981 | $ 52,000 |
| West Palm Beach-Boca Raton, FL | 55 | $ 9,847,000 | $ 179,036 | $ 89,000 |
| Punta Gorda, FL | 52 | $ 5,590,000 | $ 107,500 | $ 49,000 |
| San Luis Obispo-Atascadero-Paso Robles, CA | 51 | $ 11,565,000 | $ 226,764 | $ 87,000 |
| New London-Norwich, CT-RI | 50 | $ 6,524,000 | $ 130,480 | $ 60,000 |
| Raleigh-Durham-Chapel Hill, NC | 50 | $ 7,260,000 | $ 145,200 | $ 75,000 |
| Springfield, MA | 45 | $ 6,104,000 | $ 135,644 | $ 57,000 |
| Worcester, MA-CT | 45 | $ 7,507,000 | $ 166,822 | $ 56,000 |
| Boulder-Longmont, CO | 44 | $ 9,614,000 | $ 218,500 | $ 96,000 |
| Tucson, AZ | 43 | $ 6,393,000 | $ 148,674 | $ 92,000 |
| Columbia, SC | 41 | $ 4,037,000 | $ 98,463 | $ 52,000 |
| Sacramento, CA | 40 | $ 9,512,000 | $ 237,800 | $ 82,000 |
| Fort Walton Beach, FL | 35 | $ 5,168,000 | $ 147,657 | $ 93,000 |
| New Orleans, LA | 35 | $ 4,616,000 | $ 131,885 | $ 72,000 |
| Flint, MI | 34 | $ 3,963,000 | $ 116,558 | $ 32,000 |
| Pittsburgh, PA | 34 | $ 3,119,000 | $ 91,735 | $ 43,000 |
| Allentown-Bethlehem-Easton, PA | 32 | $ 3,242,000 | $ 101,312 | $ 52,000 |
| Barnstable-Yarmouth, MA | 32 | $ 6,734,000 | $ 210,437 | $ 76,000 |
| Memphis, TN-AR-MS | 32 | $ 3,315,000 | $ 103,593 | $ 45,000 |
| Mobile, AL | 32 | $ 4,817,000 | $ 150,531 | $ 73,000 |
| Vineland-Millville-Bridgeton, NJ | 31 | $ 3,117,000 | $ 100,548 | $ 55,000 |
| Bakersfield, CA | 30 | $ 3,578,000 | $ 119,266 | $ 101,000 |
| Santa Barbara-Santa Maria-Lompoc, CA | 29 | $ 10,795,000 | $ 372,241 | $ 153,000 |
| Scranton--Wilkes-Barre--Hazleton, PA | 29 | $ 2,544,000 | $ 87,724 | $ 67,000 |
| Wilmington-Newark, DE-MD | 29 | $ 3,944,000 | $ 136,000 | $ 72,000 |
| Fresno, CA | 27 | $ 3,874,000 | $ 143,481 | $ 83,000 |
| Syracuse, NY | 26 | $ 2,528,000 | $ 97,230 | $ 52,000 |
| Daytona Beach, FL | 24 | $ 2,432,000 | $ 101,333 | $ 60,000 |
| Norfolk-Virginia Beach-Newport News, VA-NC | 24 | $ 2,943,000 | $ 122,625 | $ 29,000 |
| Vallejo-Fairfield-Napa, CA | 24 | $ 8,029,000 | $ 334,541 | $ 134,000 |
| Akron, OH | 23 | $ 3,038,000 | $ 132,086 | $ 65,000 |
| Lowell, MA-NH | 23 | $ 4,272,000 | $ 185,739 | $ 64,000 |
| Williamsport, PA | 23 | $ 1,959,000 | $ 85,173 | $ 39,000 |
| Lakeland-Winter Haven, FL | 22 | $ 2,659,000 | $ 120,863 | $ 54,000 |
| Little Rock-North Little Rock, AR | 22 | $ 1,699,000 | $ 77,227 | $ 35,000 |
| Nashville, TN | 22 | $ 3,766,000 | $ 171,181 | $ 99,000 |
| St. Louis, MO-IL | 22 | $ 2,464,000 | $ 112,000 | $ 49,000 |
| Fort Lauderdale, FL | 21 | $ 4,210,000 | $ 200,476 | $ 138,000 |
| New Bedford, MA | 21 | $ 3,212,000 | $ 152,952 | $ 60,000 |
| Omaha, NE-IA | 21 | $ 1,860,000 | $ 88,571 | $ 45,000 |
| Miami, FL | 20 | $ 5,010,000 | $ 250,500 | $ 153,000 |
| Panama City, FL | 20 | $ 4,403,000 | $ 220,150 | $ 219,000 |
| Birmingham, AL | 19 | $ 2,923,000 | $ 153,842 | $ 89,000 |
| Charleston-North Charleston, SC | 19 | $ 2,922,000 | $ 153,789 | $ 60,000 |
| Lawrence, MA-NH | 19 | $ 3,661,000 | $ 192,684 | $ 65,000 |
| Macon, GA | 19 | $ 1,992,000 | $ 104,842 | $ 70,000 |
| Dayton-Springfield, OH | 18 | $ 1,742,000 | $ 96,777 | $ 37,000 |
| Oklahoma City, OK | 18 | $ 1,597,000 | $ 88,722 | $ 53,000 |
| Fitchburg-Leominster, MA | 16 | $ 2,605,000 | $ 162,812 | $ 55,000 |
| Salinas, CA | 16 | $ 8,448,000 | $ 528,000 | $ 250,000 |
| Utica-Rome, NY | 16 | $ 1,109,000 | $ 69,312 | $ 45,000 |
| Corpus Christi, TX | 15 | $ 1,230,000 | $ 82,000 | $ 49,000 |
| Greenville-Spartanburg-Anderson, SC | 15 | $ 1,737,000 | $ 115,800 | $ 48,000 |
| Modesto, CA | 15 | $ 2,206,000 | $ 147,066 | $ 70,000 |
| Portland-Vancouver, OR-WA | 15 | $ 2,689,000 | $ 179,266 | $ 84,000 |
| Hamilton-Middletown, OH | 14 | $ 1,742,000 | $ 124,428 | $ 38,000 |
| Huntsville, AL | 14 | $ 1,142,000 | $ 81,571 | $ 46,000 |
| Myrtle Beach, SC | 14 | $ 2,155,000 | $ 153,928 | $ 112,000 |
| Youngstown-Warren, OH | 14 | $ 1,000,000 | $ 71,428 | $ 40,000 |
| Fort Myers-Cape Coral, FL | 13 | $ 2,502,000 | $ 192,461 | $ 86,000 |
| Fort Wayne, IN | 13 | $ 1,693,000 | $ 130,230 | $ 28,000 |
| Minneapolis-St. Paul, MN-WI | 13 | $ 2,042,000 | $ 157,076 | $ 61,000 |
| Tacoma, WA | 13 | $ 2,179,000 | $ 167,615 | $ 73,000 |
| Tulsa, OK | 13 | $ 1,180,000 | $ 90,769 | $ 50,000 |
| Ann Arbor, MI | 12 | $ 2,140,000 | $ 178,333 | $ 78,000 |
| Greeley, CO | 12 | $ 1,916,000 | $ 159,666 | $ 58,000 |
| Greensboro--Winston-Salem--High Point, NC | 12 | $ 1,616,000 | $ 134,666 | $ 71,000 |
| Biloxi-Gulfport-Pascagoula, MS | 11 | $ 902,000 | $ 82,000 | $ 36,000 |
| Des Moines, IA | 11 | $ 1,571,000 | $ 142,818 | $ 70,000 |
| Santa Fe, NM | 11 | $ 4,160,000 | $ 378,181 | $ 117,000 |
| Bremerton, WA | 10 | $ 1,178,000 | $ 117,800 | $ 66,000 |
| Melbourne-Titusville-Palm Bay, FL | 10 | $ 1,986,000 | $ 198,600 | $ 84,000 |
| Naples, FL | 10 | $ 2,200,000 | $ 220,000 | $ 71,000 |
| Stockton-Lodi, CA | 10 | $ 1,732,000 | $ 173,200 | $ 66,000 |
| Columbus, GA-AL | 9 | $ 916,000 | $ 101,777 | $ 68,000 |
| Elmira, NY | 9 | $ 811,000 | $ 90,111 | $ 46,000 |
| Fort Collins-Loveland, CO | 9 | $ 1,332,000 | $ 148,000 | $ 75,000 |
| Fort Smith, AR-OK | 9 | $ 1,434,000 | $ 159,333 | $ 87,000 |
| Harrisburg-Lebanon-Carlisle, PA | 9 | $ 1,056,000 | $ 117,333 | $ 75,000 |
| Kalamazoo-Battle Creek, MI | 9 | $ 1,129,000 | $ 125,444 | $ 43,000 |
| Louisville, KY-IN | 9 | $ 1,023,000 | $ 113,666 | $ 35,000 |
| Portsmouth-Rochester, NH-ME | 9 | $ 1,659,000 | $ 184,333 | $ 73,000 |
| Richmond-Petersburg, VA | 9 | $ 1,059,000 | $ 117,666 | $ 155,000 |
| Saginaw-Bay City-Midland, MI | 9 | $ 945,000 | $ 105,000 | $ 48,000 |
| Salem, OR | 9 | $ 939,000 | $ 104,333 | $ 85,000 |
| Santa Rosa, CA | 9 | $ 2,118,000 | $ 235,333 | $ 107,000 |
| Savannah, GA | 9 | $ 2,308,000 | $ 256,444 | $ 127,000 |
| Chattanooga, TN-GA | 8 | $ 999,000 | $ 124,875 | $ 59,000 |
| Jamestown, NY | 8 | $ 615,000 | $ 76,875 | $ 33,000 |
| Lansing-East Lansing, MI | 8 | $ 851,000 | $ 106,375 | $ 52,000 |
| Lubbock, TX | 8 | $ 980,000 | $ 122,500 | $ 142,000 |
| Ocala, FL | 8 | $ 879,000 | $ 109,875 | $ 79,000 |
| Tallahassee, FL | 8 | $ 1,001,000 | $ 125,125 | $ 50,000 |
| Gary, IN | 7 | $ 735,000 | $ 105,000 | $ 45,000 |
| Jackson, MS | 7 | $ 1,072,000 | $ 153,142 | $ 93,000 |
| Fort Pierce-Port St. Lucie, FL | 6 | $ 989,000 | $ 164,833 | $ 96,000 |
| Mansfield, OH | 6 | $ 321,000 | $ 53,500 | $ 44,000 |
| Pensacola, FL | 6 | $ 1,041,000 | $ 173,500 | $ 127,000 |
| Toledo, OH | 6 | $ 650,000 | $ 108,333 | $ 53,000 |
| Wilmington, NC | 6 | $ 875,000 | $ 145,833 | $ 97,000 |
| Augusta-Aiken, GA-SC | 5 | $ 401,000 | $ 80,200 | $ 51,000 |
| Bellingham, WA | 5 | $ 849,000 | $ 169,800 | $ 61,000 |
| Canton-Massillon, OH | 5 | $ 861,000 | $ 172,200 | $ 138,000 |
| Charleston, WV | 5 | $ 289,000 | $ 57,800 | $ 44,000 |
| Galveston-Texas City, TX | 5 | $ 936,000 | $ 187,200 | $ 80,000 |
| Hagerstown, MD | 5 | $ 496,000 | $ 99,200 | $ 18,000 |
| Honolulu, HI | 5 | $ 2,348,000 | $ 469,600 | $ 324,000 |
| Jacksonville, NC | 5 | $ 286,000 | $ 57,200 | $ 26,000 |
| Knoxville, TN | 5 | $ 1,153,000 | $ 230,600 | $ 124,000 |
| Merced, CA | 5 | $ 908,000 | $ 181,600 | $ 16,000 |
| Pueblo, CO | 5 | $ 853,000 | $ 170,600 | $ 50,000 |
| Rockford, IL | 5 | $ 698,000 | $ 139,600 | $ 82,000 |
| Tuscaloosa, AL | 5 | $ 499,000 | $ 99,800 | $ 43,000 |
| Albuquerque, NM | 4 | $ 415,000 | $ 103,750 | $ 57,000 |
| Baton Rouge, LA | 4 | $ 668,000 | $ 167,000 | $ 15,000 |
| Benton Harbor, MI | 4 | $ 450,000 | $ 112,500 | $ 59,000 |
| Binghamton, NY | 4 | $ 245,000 | $ 61,250 | $ 45,000 |
| Eugene-Springfield, OR | 4 | $ 412,000 | $ 103,000 | $ 42,000 |
| Fayetteville, NC | 4 | $ 419,000 | $ 104,750 | $ 40,000 |
| Tyler, TX | 4 | $ 223,000 | $ 55,750 | $ 54,000 |
| York, PA | 4 | $ 363,000 | $ 90,750 | $ 36,000 |
| Auburn-Opelika, AL | 3 | $ 275,000 | $ 91,666 | $ 130,000 |
| Bryan-College Station, TX | 3 | $ 357,000 | $ 119,000 | $ 131,000 |
| Chico-Paradise, CA | 3 | $ 397,000 | $ 132,333 | $ 112,000 |
| Clarksville-Hopkinsville, TN-KY | 3 | $ 286,000 | $ 95,333 | $ 21,000 |
| El Paso, TX | 3 | $ 272,000 | $ 90,666 | $ 18,000 |
| Glens Falls, NY | 3 | $ 361,000 | $ 120,333 | $ 62,000 |
| Lafayette, LA | 3 | $ 179,000 | $ 59,666 | $ 64,000 |
| Nashua, NH | 3 | $ 412,000 | $ 137,333 | $ 40,000 |
| Pittsfield, MA | 3 | $ 334,000 | $ 111,333 | $ 59,000 |
| Roanoke, VA | 3 | $ 407,000 | $ 135,666 | $ 40,000 |
| Santa Cruz-Watsonville, CA | 3 | $ 1,790,000 | $ 596,666 | $ 619,000 |
| Sumter, SC | 3 | $ 253,000 | $ 84,333 | $ 43,000 |
| Waco, TX | 3 | $ 621,000 | $ 207,000 | $ 32,000 |
| Abilene, TX | 2 | $ 596,000 | $ 298,000 | $ 146,000 |
| Amarillo, TX | 2 | $ 120,000 | $ 60,000 | $ 67,000 |
| Asheville, NC | 2 | $ 255,000 | $ 127,500 | $ 79,000 |
| Brazoria, TX | 2 | $ 416,000 | $ 208,000 | $ 163,000 |
| Davenport-Moline-Rock Island, IA-IL | 2 | $ 286,000 | $ 143,000 | $ 119,000 |
| Dover, DE | 2 | $ 295,000 | $ 147,500 | $ 39,000 |
| Erie, PA | 2 | $ 86,000 | $ 43,000 | $ 24,000 |
| Flagstaff, AZ-UT | 2 | $ 376,000 | $ 188,000 | $ 191,000 |
| Florence, SC | 2 | $ 127,000 | $ 63,500 | $ 33,000 |
| Greenville, NC | 2 | $ 135,000 | $ 67,500 | $ 29,000 |
| Hattiesburg, MS | 2 | $ 187,000 | $ 93,500 | $ 56,000 |
| Jackson, MI | 2 | $ 261,000 | $ 130,500 | $ 41,000 |
| Jackson, TN | 2 | $ 326,000 | $ 163,000 | $ 111,000 |
| Joplin, MO | 2 | $ 119,000 | $ 59,500 | $ 42,000 |
| Killeen-Temple, TX | 2 | $ 137,000 | $ 68,500 | $ 35,000 |
| La Crosse, WI-MN | 2 | $ 339,000 | $ 169,500 | $ 75,000 |
| Lafayette, IN | 2 | $ 191,000 | $ 95,500 | $ 33,000 |
| Laredo, TX | 2 | $ 124,000 | $ 62,000 | $ 28,000 |
| Lima, OH | 2 | $ 226,000 | $ 113,000 | $ 31,000 |
| McAllen-Edinburg-Mission, TX | 2 | $ 247,000 | $ 123,500 | $ 99,000 |
| Medford-Ashland, OR | 2 | $ 400,000 | $ 200,000 | $ 0 |
| Reading, PA | 2 | $ 278,000 | $ 139,000 | $ 49,000 |
| Reno, NV | 2 | $ 362,000 | $ 181,000 | $ 54,000 |
| Salt Lake City-Ogden, UT | 2 | $ 395,000 | $ 197,500 | $ 114,000 |
| San Angelo, TX | 2 | $ 203,000 | $ 101,500 | $ 23,000 |
| Springfield, IL | 2 | $ 282,000 | $ 141,000 | $ 61,000 |
| St. Joseph, MO | 2 | $ 146,000 | $ 73,000 | $ 25,000 |
| State College, PA | 2 | $ 259,000 | $ 129,500 | $ 55,000 |
| Steubenville-Weirton, OH-WV | 2 | $ 108,000 | $ 54,000 | $ 22,000 |
| Visalia-Tulare-Porterville, CA | 2 | $ 470,000 | $ 235,000 | $ 148,000 |
| Wichita, KS | 2 | $ 236,000 | $ 118,000 | $ 36,000 |
| Albany, GA | 1 | $ 150,000 | $ 150,000 | $ 140,000 |
| Altoona, PA | 1 | $ 40,000 | $ 40,000 | $ 47,000 |
| Anniston, AL | 1 | $ 70,000 | $ 70,000 | $ 38,000 |
| Appleton-Oshkosh-Neenah, WI | 1 | $ 172,000 | $ 172,000 | $ 0 |
| Billings, MT | 1 | $ 164,000 | $ 164,000 | $ 0 |
| Bloomington, IN | 1 | $ 155,000 | $ 155,000 | $ 85,000 |
| Bloomington-Normal, IL | 1 | $ 208,000 | $ 208,000 | $ 52,000 |
| Burlington, VT | 1 | $ 110,000 | $ 110,000 | $ 29,000 |
| Champaign-Urbana, IL | 1 | $ 189,000 | $ 189,000 | $ 70,000 |
| Charlottesville, VA | 1 | $ 35,000 | $ 35,000 | $ 0 |
| Cumberland, MD-WV | 1 | $ 77,000 | $ 77,000 | $ 17,000 |
| Danville, VA | 1 | $ 54,000 | $ 54,000 | $ 43,000 |
| Elkhart-Goshen, IN | 1 | $ 118,000 | $ 118,000 | $ 36,000 |
| Fayetteville-Springdale-Rogers, AR | 1 | $ 174,000 | $ 174,000 | $ 47,000 |
| Gainesville, FL | 1 | $ 107,000 | $ 107,000 | $ 37,000 |
| Grand Junction, CO | 1 | $ 243,000 | $ 243,000 | $ 56,000 |
| Hickory-Morganton-Lenoir, NC | 1 | $ 51,000 | $ 51,000 | $ 42,000 |
| Houma, LA | 1 | $ 62,000 | $ 62,000 | $ 23,000 |
| Janesville-Beloit, WI | 1 | $ 132,000 | $ 132,000 | $ 44,000 |
| Lawton, OK | 1 | $ 86,000 | $ 86,000 | $ 0 |
| Lincoln, NE | 1 | $ 116,000 | $ 116,000 | $ 0 |
| Lynchburg, VA | 1 | $ 80,000 | $ 80,000 | $ 0 |
| Madison, WI | 1 | $ 115,000 | $ 115,000 | $ 67,000 |
| Manchester, NH | 1 | $ 234,000 | $ 234,000 | $ 144,000 |
| Racine, WI | 1 | $ 80,000 | $ 80,000 | $ 46,000 |
| Redding, CA | 1 | $ 110,000 | $ 110,000 | $ 41,000 |
| Richland-Kennewick-Pasco, WA | 1 | $ 126,000 | $ 126,000 | $ 0 |
| Rocky Mount, NC | 1 | $ 109,000 | $ 109,000 | $ 0 |
| Sharon, PA | 1 | $ 80,000 | $ 80,000 | $ 32,000 |
| Terre Haute, IN | 1 | $ 46,000 | $ 46,000 | $ 99,000 |
| Texarkana, TX-AR | 1 | $ 80,000 | $ 80,000 | $ 28,000 |
| Washington, DC-MD-VA-WV | 1 | $ 400,000 | $ 400,000 | $ 0 |
| Wichita Falls, TX | 1 | $ 58,000 | $ 58,000 | $ 50,000 |
| Yakima, WA | 1 | $ 143,000 | $ 143,000 | $ 60,000 |
| Yuba City, CA | 1 | $ 196,000 | $ 196,000 | $ 89,000 |
Mortgage Loan Application Detail Totals for Opteum Financial Services LLC in 2003
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 (home purchase or home improvement, one-to-four family) | 16,330 | $3,108,143,000 | $195,234 | $2,000,000 | $77,851 | $3,423,000 |
| Home Purchase (one-to-four family) | 13,740 | $1,997,136,000 | $135,652 | $6,338,000 | $77,434 | $2,893,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 3 | $415,000 | $111,500 | $205,000 | $0 | $0 |
| Home Improvement (one-to-four family) | 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 | 19,958 | $3,472,909,000 | $169,782 | $2,000,000 | $86,043 | $3,423,000 |
| Black | 4,150 | $604,314,000 | $128,777 | $1,885,000 | $61,861 | $2,800,000 |
| Hispanic | 2,552 | $431,927,000 | $128,593 | $1,000,000 | $54,906 | $660,000 |
| Information not provided by applicant in mail or telephone application | 2,239 | $352,931,000 | $154,775 | $6,338,000 | $25,600 | $1,900,000 |
| Asian or Pacific Islander | 729 | $157,945,000 | $170,000 | $1,468,000 | $93,468 | $756,000 |
| Other | 347 | $67,558,000 | $200,529 | $1,344,000 | $90,588 | $1,113,000 |
| American Indian or Alaskan Native | 57 | $10,616,000 | $153,555 | $488,000 | $69,666 | $211,000 |
| Not applicable | 41 | $7,494,000 | $185,428 | $450,000 | $65,142 | $167,000 |
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) | 24,571 | $4,387,604,000 | $178,042 | $6,338,000 | $87,595 | $3,423,000 |
| FHA-insured (Federal Housing Administration) | 4,998 | $647,004,000 | $119,794 | $523,000 | $38,923 | $828,000 |
| VA-guaranteed (Veterans Administration) | 495 | $70,028,000 | $132,629 | $275,000 | $32,888 | $152,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 9 | $1,058,000 | $114,500 | $159,000 | $41,500 | $61,000 |
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 | 17,948 | $2,971,968,000 | $157,704 | $2,000,000 | $75,204 | $2,800,000 |
| Application Withdrawn By Applicant | 6,236 | $989,734,000 | $150,636 | $1,830,000 | $60,181 | $3,423,000 |
| Application Approved But Not Accepted | 4,336 | $844,356,000 | $175,295 | $6,338,000 | $73,136 | $2,269,000 |
| Application Denied By Financial Institution | 1,424 | $278,970,000 | $166,261 | $1,700,000 | $83,142 | $1,008,000 |
| File Closed For Incompleteness | 129 | $20,666,000 | $166,800 | $800,000 | $65,300 | $781,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 578 | $114,477,000 | $151,777 | $1,468,000 | $58,666 | $724,000 |
| Other | 402 | $85,286,000 | $169,935 | $1,700,000 | $95,000 | $1,008,000 |
| Debt-To-Income Ratio | 181 | $26,518,000 | $134,387 | $740,000 | $57,387 | $351,000 |
| Collateral | 162 | $31,133,000 | $144,500 | $900,000 | $88,636 | $605,000 |
| Employment History | 45 | $7,384,000 | $123,666 | $780,000 | $56,523 | $672,000 |
| Unverifiable Information | 38 | $9,751,000 | $218,416 | $984,000 | $148,416 | $756,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 15 | $3,783,000 | $193,111 | $1,000,000 | $114,333 | $542,000 |
| Mortgage Insurance Denied | 1 | $310,000 | $310,000 | $310,000 | $108,000 | $108,000 |
| Credit Application Incomplete | 1 | $138,000 | $138,000 | $138,000 | $49,000 | $49,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Opteum Financial Services LLC's 2003 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 Opteum Financial Services 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 New Jersey, download the full spreadsheet
with aggregated HMDA statistics today.
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