Park Square Home Mortgage, LLC Mortgage Lending & HMDA Data, 2018

In 2018, Park Square Home Mortgage, LLC of Kissimmee, FL reported 248 mortgage applications totaling $60.5 million. The average application was for $244,072, and applicants reported an average income of $85,951. 58% of its applications resulted in an originated loan and 20% were denied. Its largest markets were Orlando-Kissimmee-Sanford, FL (188), Lakeland-Winter Haven, FL (36) and Tampa-St. Petersburg-Clearwater, FL (17) (applications in parentheses).

Mortgage Company & Address Park Square Home Mortgage, LLC
132 West Plant Street Suite 210
Kissimmee, FL 34747
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  
Total Number of Mortgage Applications 248
Total Mortgage Loan Application Amount $60,530,000
Average Mortgage Loan Application Amount $244,072
Highest Mortgage Loan Application Amount $765,000
Average Applicant Income $85,951
Highest Applicant Income $1,000,000

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records Park Square Home Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for Park Square Home Mortgage, LLC 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 240 $59,200,000 $246,000 $765,000 $87,000 $1,000,000
Cash-out Refinancing 6 $870,000 $145,000 $195,000 $60,000 $120,000
Refinancing 2 $460,000 $230,000 $245,000 $38,000 $38,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0

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
Hispanic 88 $21,240,000 $241,000 $455,000 $75,000 $191,000
White 67 $17,075,000 $254,000 $765,000 $109,000 $1,000,000
Not Provided 53 $12,695,000 $239,000 $355,000 $81,000 $227,000
Black or African American 29 $6,945,000 $239,000 $385,000 $80,000 $116,000
Asian 10 $2,370,000 $237,000 $325,000 $65,000 $92,000
American Indian or Alaskan Native 1 $205,000 $205,000 $205,000 $35,000 $35,000
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
FHA-insured (Federal Housing Administration) 128 $30,440,000 $237,000 $315,000 $75,000 $191,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 90 $21,810,000 $242,000 $765,000 $104,000 $1,000,000
VA-guaranteed (Veterans Administration) 28 $7,800,000 $278,000 $455,000 $80,000 $130,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $480,000 $240,000 $245,000 $57,000 $60,000

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 143 $34,095,000 $238,000 $445,000 $79,000 $227,000
Application Denied By Financial Institution 49 $12,125,000 $247,000 $455,000 $77,000 $150,000
Application Withdrawn By Applicant 40 $10,850,000 $271,000 $765,000 $128,000 $1,000,000
Application Approved But Not Accepted 15 $3,265,000 $217,000 $275,000 $61,000 $104,000
File Closed For Incompleteness 1 $195,000 $195,000 $195,000 $120,000 $120,000
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

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 199 $48,405,000 $243,000 $765,000 $88,000 $1,000,000
Debt-To-Income Ratio 19 $4,495,000 $236,000 $345,000 $59,000 $112,000
Credit Application Incomplete 16 $4,150,000 $259,000 $385,000 $86,000 $145,000
Credit History 4 $960,000 $240,000 $265,000 $95,000 $129,000
Other 3 $675,000 $225,000 $285,000 $115,000 $150,000
Unverifiable Information 3 $745,000 $248,000 $265,000 $63,000 $76,000
Employment History 2 $430,000 $215,000 $225,000 $83,000 $99,000
Insufficient Cash (Downpayment, Closing Cost) 2 $670,000 $335,000 $455,000 $114,000 $129,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Park Square Home Mortgage, LLC'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 Park Square Home 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.
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