Paramount Bond & Mortgage Co., Inc. Mortgage Lending & HMDA Data, 2018
In 2018, Paramount Bond & Mortgage Co., Inc. of Saint Louis, MO reported 869 mortgage applications totaling $4.3 million, down 14% from 2017. The average application was for $5,000, and applicants reported an average income of $3,783,919. 80% of its applications resulted in an originated loan and 4% were denied. Its largest markets were St. Louis, MO-IL (584), Tampa-St. Petersburg-Clearwater, FL (125) and Champaign-Urbana, IL (26) (applications in parentheses).
| Mortgage Company & Address | Paramount Bond & Mortgage Co., Inc. 622 Emerson Rd Suite 325 Saint Louis, MO 63141 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2018 2017 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 869 |
| Total Mortgage Loan Application Amount | $4,345,000 |
| Average Mortgage Loan Application Amount | $5,000 |
| Highest Mortgage Loan Application Amount | $5,000 |
| Average Applicant Income | $3,783,919 |
| Highest Applicant Income | $4,000,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Paramount Bond & Mortgage Co., Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
Mortgage Loan Application Detail Totals for Paramount Bond & Mortgage Co., Inc. 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 | 753 | $3,765,000 | $5,000 | $5,000 | $4,000,000 | $4,000,000 |
| Cash-out Refinancing | 66 | $330,000 | $5,000 | $5,000 | $0 | $0 |
| Refinancing | 43 | $215,000 | $5,000 | $5,000 | $0 | $0 |
| Other Purpose | 7 | $35,000 | $5,000 | $5,000 | $0 | $0 |
| Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Applicable | 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 | 747 | $3,735,000 | $5,000 | $5,000 | $2,000,000 | $4,000,000 |
| Black or African American | 50 | $250,000 | $5,000 | $5,000 | $0 | $0 |
| Asian | 26 | $130,000 | $5,000 | $5,000 | $0 | $0 |
| Not Provided | 23 | $115,000 | $5,000 | $5,000 | $0 | $0 |
| Hispanic | 22 | $110,000 | $5,000 | $5,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 523 | $2,615,000 | $5,000 | $5,000 | $4,000,000 | $4,000,000 |
| FHA-insured (Federal Housing Administration) | 244 | $1,220,000 | $5,000 | $5,000 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 80 | $400,000 | $5,000 | $5,000 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 22 | $110,000 | $5,000 | $5,000 | $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 | 696 | $3,480,000 | $5,000 | $5,000 | $0 | $0 |
| Application Withdrawn By Applicant | 142 | $710,000 | $5,000 | $5,000 | $4,000,000 | $4,000,000 |
| Application Denied By Financial Institution | 31 | $155,000 | $5,000 | $5,000 | $0 | $0 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
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 | 838 | $4,190,000 | $5,000 | $5,000 | $1,333,000 | $4,000,000 |
| Debt-To-Income Ratio | 11 | $55,000 | $5,000 | $5,000 | $0 | $0 |
| Credit History | 9 | $45,000 | $5,000 | $5,000 | $0 | $0 |
| Collateral | 5 | $25,000 | $5,000 | $5,000 | $0 | $0 |
| Other | 2 | $10,000 | $5,000 | $5,000 | $0 | $0 |
| Unverifiable Information | 2 | $10,000 | $5,000 | $5,000 | $0 | $0 |
| Employment History | 1 | $5,000 | $5,000 | $5,000 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $5,000 | $5,000 | $5,000 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Paramount Bond & Mortgage Co., Inc.'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 Paramount Bond & Mortgage Co., 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 Missouri, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About