Orangepath Financial Inc Mortgage Lending & HMDA Data, 2024

In 2024, Orangepath Financial Inc of Atlanta, GA reported 70 mortgage applications totaling $23.2 million, up 3400% from 2023. The average application was for $331,285, and applicants reported an average income of $10,000. 100% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Atlanta-Sandy Springs-Roswell, GA (25), Jacksonville, FL (4) and Philadelphia, PA (4) (applications in parentheses).

Mortgage Company & Address Orangepath Financial Inc
1201 West Peachtree Street Nw Suite 2350
Atlanta, GA 30309
Federal Regulator * available with data download
Years 2025  2024  2023  
Total Number of Mortgage Applications 70
Total Mortgage Loan Application Amount $23,190,000
Average Mortgage Loan Application Amount $331,285
Highest Mortgage Loan Application Amount $755,000
Average Applicant Income $10,000
Highest Applicant Income $95,000

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(HMDA) records Orangepath Financial Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for Orangepath Financial Inc in 2024

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 68 $22,500,000 $330,000 $755,000 $10,000 $95,000
Refinancing 2 $690,000 $345,000 $525,000 $10,000 $17,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Cash-out Refinancing 0 $0 $0 $0 $0 $0
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
Asian 60 $19,530,000 $325,000 $725,000 $10,000 $95,000
Not Provided 8 $3,000,000 $375,000 $755,000 $11,000 $29,000
White 2 $660,000 $330,000 $355,000 $8,000 $9,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 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) 70 $23,190,000 $331,000 $755,000 $10,000 $95,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
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 70 $23,190,000 $331,000 $755,000 $10,000 $95,000
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
Not applicable 70 $23,190,000 $331,000 $755,000 $10,000 $95,000
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Orangepath Financial Inc's 2024 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 Orangepath Financial Inc'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 Georgia, download the full spreadsheet with aggregated HMDA statistics today.

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