Partners United Financial, LLC Mortgage Lending & HMDA Data, 2017

In 2017, Partners United Financial, LLC of Wilmington, DE reported 505 mortgage applications totaling $78.5 million. The average application was for $155,489, and applicants reported an average income of $73,538. 72% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Columbus, OH (313), Dayton, OH (56) and Fort Collins, CO (27) (applications in parentheses).

Mortgage Company & Address Partners United Financial, LLC
250 East Wilson Bridge Road, Suite 110
Wilmington, DE 43085
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  2019  2018  2017  
Total Number of Mortgage Applications 505
Total Mortgage Loan Application Amount $78,522,000
Average Mortgage Loan Application Amount $155,489
Highest Mortgage Loan Application Amount $472,000
Average Applicant Income $73,538
Highest Applicant Income $379,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Partners United Financial, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Partners United Financial, 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
Home Purchase 471 $71,669,000 $152,000 $472,000 $73,000 $379,000
Refinancing 34 $6,853,000 $201,000 $387,000 $81,000 $297,000
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 412 $64,065,000 $155,000 $472,000 $74,000 $344,000
Black or African American 41 $5,964,000 $145,000 $344,000 $54,000 $126,000
Hispanic 18 $3,193,000 $177,000 $300,000 $67,000 $198,000
Not Provided 18 $2,155,000 $119,000 $230,000 $66,000 $159,000
Asian 14 $2,915,000 $208,000 $424,000 $131,000 $379,000
American Indian or Alaskan Native 2 $230,000 $115,000 $124,000 $71,000 $97,000
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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 278 $42,315,000 $152,000 $472,000 $83,000 $379,000
FHA-insured (Federal Housing Administration) 155 $24,010,000 $154,000 $382,000 $64,000 $300,000
VA-guaranteed (Veterans Administration) 43 $8,062,000 $187,000 $408,000 $71,000 $151,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 29 $4,135,000 $142,000 $300,000 $43,000 $72,000

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 363 $55,295,000 $152,000 $424,000 $73,000 $379,000
Application Withdrawn By Applicant 75 $13,342,000 $177,000 $472,000 $82,000 $300,000
Application Approved But Not Accepted 48 $7,000,000 $145,000 $414,000 $64,000 $253,000
Application Denied By Financial Institution 19 $2,885,000 $151,000 $387,000 $68,000 $297,000
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
Collateral 4 $401,000 $100,000 $131,000 $47,000 $75,000
Credit Application Incomplete 3 $796,000 $265,000 $340,000 $84,000 $110,000
Credit History 3 $554,000 $184,000 $373,000 $71,000 $106,000
Debt-To-Income Ratio 3 $388,000 $129,000 $152,000 $26,000 $34,000
Other 3 $89,000 $29,000 $79,000 $47,000 $102,000
Employment History 2 $617,000 $308,000 $387,000 $182,000 $297,000
Unverifiable Information 1 $40,000 $40,000 $40,000 $57,000 $57,000
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 Partners United Financial, 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 Partners United Financial, 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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