Platinum Capital Group Mortgage Lending & HMDA Data, 2006

In 2006, Platinum Capital Group of Irvine, CA reported 5,427 mortgage applications totaling $1.8 billion, down 7% from 2005. The average application was for $322,890, and applicants reported an average income of $171,799. 42% of its applications resulted in an originated loan and 14% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (1,185), Riverside-San Bernardino-Ontario, CA (615) and Chicago-Naperville-Joliet, IL (346) (applications in parentheses).

Mortgage Company & Address Platinum Capital Group
17101 Armstrong Ave. Suite 200
Irvine, CA 92614
Tel #: available with data download
Federal Regulator * available with data download
Years 2006  2005  2004  2003  
Total Number of Mortgage Applications 5,427
Total Mortgage Loan Application Amount $1,752,327,000
Average Mortgage Loan Application Amount $322,890
Highest Mortgage Loan Application Amount $9,000,000
Average Applicant Income $171,799
Highest Applicant Income $4,564,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Platinum Capital Group filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Totals for Platinum Capital Group by County in 2006

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Los Angeles, California 1,185 $ 661,341,000 $ 558,093 $ 276,000
Riverside, California 362 $ 109,243,000 $ 301,776 $ 148,000
Orange, California 262 $ 102,863,000 $ 392,606 $ 191,000
San Bernardino, California 253 $ 62,517,000 $ 247,102 $ 125,000
Cook, Illinois 247 $ 51,634,000 $ 209,044 $ 73,000
Miami-Dade, Florida 232 $ 55,664,000 $ 239,931 $ 140,000
Clark, Nevada 170 $ 39,766,000 $ 233,917 $ 239,000
Broward, Florida 106 $ 26,103,000 $ 246,254 $ 116,000
San Diego, California 83 $ 31,188,000 $ 375,759 $ 171,000
San Joaquin, California 76 $ 19,727,000 $ 259,565 $ 123,000
Maricopa, Arizona 67 $ 18,269,000 $ 272,671 $ 106,000
Palm Beach, Florida 66 $ 18,279,000 $ 276,954 $ 167,000
Philadelphia, Pennsylvania 63 $ 5,680,000 $ 90,158 $ 73,000
Alameda, California 62 $ 21,514,000 $ 347,000 $ 138,000
Sacramento, California 61 $ 14,213,000 $ 233,000 $ 121,000
Fulton, Georgia 61 $ 15,343,000 $ 251,524 $ 176,000
District of Columbia, District Of Columbia 58 $ 14,757,000 $ 254,431 $ 117,000
Allegheny, Pennsylvania 53 $ 5,395,000 $ 101,792 $ 77,000
Prince William, Virginia 47 $ 13,223,000 $ 281,340 $ 121,000
Fairfax, Virginia 46 $ 11,740,000 $ 255,217 $ 113,000
Contra Costa, California 41 $ 14,274,000 $ 348,146 $ 209,000
Kane, Illinois 41 $ 5,190,000 $ 126,585 $ 44,000
Lee, Florida 39 $ 10,390,000 $ 266,410 $ 164,000
Prince George's, Maryland 39 $ 9,645,000 $ 247,307 $ 114,000
Franklin, Ohio 34 $ 3,536,000 $ 104,000 $ 104,000
Stanislaus, California 33 $ 6,793,000 $ 205,848 $ 98,000
Fresno, California 30 $ 5,287,000 $ 176,233 $ 99,000
Loudoun, Virginia 30 $ 8,446,000 $ 281,533 $ 124,000
Ventura, California 28 $ 18,541,000 $ 662,178 $ 333,000
Orange, Florida 27 $ 5,938,000 $ 219,925 $ 148,000
King, Washington 26 $ 10,367,000 $ 398,730 $ 217,000
Duval, Florida 25 $ 3,510,000 $ 140,400 $ 106,000
Hennepin, Minnesota 25 $ 4,101,000 $ 164,040 $ 92,000
Hartford, Connecticut 24 $ 3,605,000 $ 150,208 $ 192,000
Tulare, California 21 $ 3,744,000 $ 178,285 $ 76,000
Volusia, Florida 21 $ 3,507,000 $ 167,000 $ 183,000
DuPage, Illinois 21 $ 3,505,000 $ 166,904 $ 69,000
Santa Barbara, California 20 $ 9,959,000 $ 497,950 $ 285,000
New Haven, Connecticut 20 $ 4,093,000 $ 204,650 $ 151,000
DeKalb, Georgia 20 $ 3,793,000 $ 189,650 $ 127,000
Kern, California 19 $ 3,188,000 $ 167,789 $ 95,000
Montezuma, Colorado 19 $ 2,516,000 $ 132,421 $ 679,000
Santa Clara, California 18 $ 9,551,000 $ 530,611 $ 422,000
Osceola, Florida 18 $ 3,122,000 $ 173,444 $ 107,000
Montgomery, Maryland 18 $ 6,123,000 $ 340,166 $ 166,000
Jefferson, Alabama 16 $ 1,938,000 $ 121,125 $ 50,000
Collier, Florida 16 $ 4,030,000 $ 251,875 $ 112,000
Monterey, California 15 $ 22,156,000 $ 1,477,066 $ 677,000
Hillsborough, Florida 15 $ 1,814,000 $ 120,933 $ 96,000
Will, Illinois 15 $ 2,848,000 $ 189,866 $ 134,000
Merced, California 14 $ 3,034,000 $ 216,714 $ 87,000
Gwinnett, Georgia 14 $ 2,570,000 $ 183,571 $ 142,000
San Juan, New Mexico 14 $ 1,552,000 $ 110,857 $ 99,000
Denver, Colorado 13 $ 1,270,000 $ 97,692 $ 31,000
Lake, Illinois 13 $ 1,686,000 $ 129,692 $ 40,000
Wayne, Michigan 13 $ 1,690,000 $ 130,000 $ 63,000
Brevard, Florida 12 $ 1,924,000 $ 160,333 $ 127,000
Polk, Florida 12 $ 1,443,000 $ 120,250 $ 74,000
Canyon, Idaho 12 $ 960,000 $ 80,000 $ 88,000
McHenry, Illinois 12 $ 2,035,000 $ 169,583 $ 68,000
Solano, California 11 $ 3,500,000 $ 318,181 $ 106,000
Seminole, Florida 11 $ 2,825,000 $ 256,818 $ 214,000
Charles, Maryland 11 $ 2,169,000 $ 197,181 $ 109,000
Pierce, Washington 11 $ 3,289,000 $ 299,000 $ 102,000
San Francisco, California 10 $ 5,559,000 $ 555,900 $ 569,000
Hawaii, Hawaii 10 $ 3,443,000 $ 344,300 $ 212,000
Honolulu, Hawaii 10 $ 2,372,000 $ 237,200 $ 170,000
Baltimore City, Maryland 10 $ 1,355,000 $ 135,500 $ 161,000
Montgomery, Pennsylvania 10 $ 4,009,000 $ 400,900 $ 124,000
Mecklenburg, North Carolina 9 $ 1,623,000 $ 180,333 $ 241,000
Providence, Rhode Island 9 $ 2,781,000 $ 309,000 $ 141,000
Henrico, Virginia 9 $ 1,304,000 $ 144,888 $ 56,000
Mohave, Arizona 8 $ 1,804,000 $ 225,500 $ 78,000
Pinal, Arizona 8 $ 1,226,000 $ 153,250 $ 70,000
Fairfield, Connecticut 8 $ 2,974,000 $ 371,750 $ 132,000
Santa Rosa, Florida 8 $ 1,390,000 $ 173,750 $ 74,000
Cobb, Georgia 8 $ 1,432,000 $ 179,000 $ 83,000
Frederick, Maryland 8 $ 1,138,000 $ 142,250 $ 80,000
Delaware, Ohio 8 $ 1,357,000 $ 169,625 $ 115,000
Salt Lake, Utah 8 $ 1,339,000 $ 167,375 $ 141,000
Rock, Wisconsin 8 $ 563,000 $ 70,375 $ 128,000
El Dorado, California 7 $ 2,423,000 $ 346,142 $ 195,000
Placer, California 7 $ 1,472,000 $ 210,285 $ 174,000
Leon, Florida 7 $ 795,000 $ 113,571 $ 227,000
Okaloosa, Florida 7 $ 4,326,000 $ 618,000 $ 433,000
Sarasota, Florida 7 $ 1,585,000 $ 226,428 $ 137,000
St. Lucie, Florida 7 $ 1,727,000 $ 246,714 $ 244,000
Polk, Iowa 7 $ 760,000 $ 108,571 $ 109,000
Anne Arundel, Maryland 7 $ 1,439,000 $ 205,571 $ 102,000
Washoe, Nevada 7 $ 6,127,000 $ 875,285 $ 370,000
Wake, North Carolina 7 $ 1,242,000 $ 177,428 $ 68,000
Monroe, Pennsylvania 7 $ 988,000 $ 141,142 $ 73,000
Virginia Beach, Virginia 7 $ 1,480,000 $ 211,428 $ 60,000
Snohomish, Washington 7 $ 2,007,000 $ 286,714 $ 78,000
Glenn, California 6 $ 1,114,000 $ 185,666 $ 68,000
Santa Cruz, California 6 $ 2,223,000 $ 370,500 $ 158,000
Gunnison, Colorado 6 $ 1,963,000 $ 327,166 $ 143,000
Weld, Colorado 6 $ 906,000 $ 151,000 $ 99,000
Bannock, Idaho 6 $ 359,000 $ 59,833 $ 94,000
DeKalb, Illinois 6 $ 692,000 $ 115,333 $ 90,000
Scott, Minnesota 6 $ 1,228,000 $ 204,666 $ 116,000
Fairfield, Ohio 6 $ 814,000 $ 135,666 $ 66,000
Rogers, Oklahoma 6 $ 1,472,000 $ 245,333 $ 216,000
Washington, Oregon 6 $ 2,605,000 $ 434,166 $ 186,000
Utah, Utah 6 $ 2,664,000 $ 444,000 $ 230,000
Arlington, Virginia 6 $ 1,580,000 $ 263,333 $ 77,000
Culpeper, Virginia 6 $ 4,497,000 $ 749,500 $ 295,000
Manassas, Virginia 6 $ 1,340,000 $ 223,333 $ 72,000
Milwaukee, Wisconsin 6 $ 478,000 $ 79,666 $ 79,000
Madera, California 5 $ 736,000 $ 147,200 $ 130,000
Mono, California 5 $ 2,394,000 $ 478,800 $ 215,000
San Luis Obispo, California 5 $ 2,636,000 $ 527,200 $ 451,000
Tehama, California 5 $ 1,021,000 $ 204,200 $ 70,000
Middlesex, Connecticut 5 $ 1,193,000 $ 238,600 $ 156,000
Alachua, Florida 5 $ 714,000 $ 142,800 $ 169,000
Pinellas, Florida 5 $ 506,000 $ 101,200 $ 78,000
Clayton, Georgia 5 $ 344,000 $ 68,800 $ 80,000
Cass, Minnesota 5 $ 1,035,000 $ 207,000 $ 248,000
St. Louis, Missouri 5 $ 652,000 $ 130,400 $ 148,000
Dare, North Carolina 5 $ 795,000 $ 159,000 $ 145,000
Clackamas, Oregon 5 $ 1,218,000 $ 243,600 $ 94,000
Butler, Pennsylvania 5 $ 584,000 $ 116,800 $ 100,000
Alexandria, Virginia 5 $ 2,649,000 $ 529,800 $ 127,000
Spotsylvania, Virginia 5 $ 1,111,000 $ 222,200 $ 96,000
Spokane, Washington 5 $ 466,000 $ 93,200 $ 74,000
Pima, Arizona 4 $ 689,000 $ 172,250 $ 64,000
Yavapai, Arizona 4 $ 807,000 $ 201,750 $ 139,000
Yuma, Arizona 4 $ 456,000 $ 114,000 $ 60,000
Butte, California 4 $ 516,000 $ 129,000 $ 342,000
Calaveras, California 4 $ 890,000 $ 222,500 $ 161,000
Humboldt, California 4 $ 585,000 $ 146,250 $ 93,000
Sonoma, California 4 $ 1,988,000 $ 497,000 $ 213,000
Jefferson, Colorado 4 $ 369,000 $ 92,250 $ 53,000
Flagler, Florida 4 $ 1,535,000 $ 383,750 $ 402,000
Pasco, Florida 4 $ 361,000 $ 90,250 $ 112,000
Cherokee, Georgia 4 $ 477,000 $ 119,250 $ 88,000
Rockdale, Georgia 4 $ 413,000 $ 103,250 $ 82,000
Kauai, Hawaii 4 $ 5,205,000 $ 1,301,250 $ 572,000
Kootenai, Idaho 4 $ 855,000 $ 213,750 $ 159,000
Kendall, Illinois 4 $ 447,000 $ 111,750 $ 48,000
Dubuque, Iowa 4 $ 552,000 $ 138,000 $ 118,000
Cumberland, Maine 4 $ 658,000 $ 164,500 $ 31,000
Baltimore, Maryland 4 $ 753,000 $ 188,250 $ 112,000
Oakland, Michigan 4 $ 10,865,000 $ 2,716,250 $ 994,000
Hillsborough, New Hampshire 4 $ 480,000 $ 120,000 $ 159,000
Dona Ana, New Mexico 4 $ 359,000 $ 89,750 $ 201,000
Davidson, North Carolina 4 $ 722,000 $ 180,500 $ 71,000
Licking, Ohio 4 $ 394,000 $ 98,500 $ 92,000
Montgomery, Ohio 4 $ 757,000 $ 189,250 $ 87,000
Douglas, Oregon 4 $ 559,000 $ 139,750 $ 50,000
Multnomah, Oregon 4 $ 555,000 $ 138,750 $ 47,000
Beaver, Pennsylvania 4 $ 539,000 $ 134,750 $ 129,000
Lehigh, Pennsylvania 4 $ 373,000 $ 93,250 $ 61,000
Westmoreland, Pennsylvania 4 $ 1,723,000 $ 430,750 $ 180,000
Kitsap, Washington 4 $ 581,000 $ 145,250 $ 32,000
Walworth, Wisconsin 4 $ 850,000 $ 212,500 $ 86,000
Mobile, Alabama 3 $ 207,000 $ 69,000 $ 124,000
Colusa, California 3 $ 603,000 $ 201,000 $ 114,000
Imperial, California 3 $ 492,000 $ 164,000 $ 27,000
Marin, California 3 $ 3,478,000 $ 1,159,333 $ 523,000
Mendocino, California 3 $ 520,000 $ 173,333 $ 94,000
San Mateo, California 3 $ 1,437,000 $ 479,000 $ 112,000
Yuba, California 3 $ 511,000 $ 170,333 $ 73,000
Eagle, Colorado 3 $ 1,356,000 $ 452,000 $ 283,000
La Plata, Colorado 3 $ 408,000 $ 136,000 $ 60,000
Citrus, Florida 3 $ 1,070,000 $ 356,666 $ 189,000
Martin, Florida 3 $ 1,175,000 $ 391,666 $ 187,000
St. Johns, Florida 3 $ 350,000 $ 116,666 $ 109,000
Ogle, Illinois 3 $ 357,000 $ 119,000 $ 50,000
Rock Island, Illinois 3 $ 215,000 $ 71,666 $ 41,000
Calvert, Maryland 3 $ 637,000 $ 212,333 $ 105,000
Muskegon, Michigan 3 $ 310,000 $ 103,333 $ 117,000
Dakota, Minnesota 3 $ 552,000 $ 184,000 $ 208,000
Ramsey, Minnesota 3 $ 511,000 $ 170,333 $ 80,000
Clay, Missouri 3 $ 282,000 $ 94,000 $ 66,000
Jackson, Missouri 3 $ 395,000 $ 131,666 $ 234,000
Santa Fe, New Mexico 3 $ 412,000 $ 137,333 $ 50,000
Brunswick, North Carolina 3 $ 778,000 $ 259,333 $ 74,000
Cumberland, North Carolina 3 $ 506,000 $ 168,666 $ 90,000
Cuyahoga, Ohio 3 $ 330,000 $ 110,000 $ 68,000
Hamilton, Ohio 3 $ 610,000 $ 203,333 $ 78,000
Medina, Ohio 3 $ 546,000 $ 182,000 $ 55,000
Summit, Ohio 3 $ 711,000 $ 237,000 $ 86,000
Manassas Park, Virginia 3 $ 1,906,000 $ 635,333 $ 292,000
Newport News, Virginia 3 $ 315,000 $ 105,000 $ 72,000
Thurston, Washington 3 $ 438,000 $ 146,000 $ 60,000
Putnam, West Virginia 3 $ 217,000 $ 72,333 $ 50,000
Waukesha, Wisconsin 3 $ 512,000 $ 170,666 $ 123,000
Elmore, Alabama 2 $ 379,000 $ 189,500 $ 135,000
Limestone, Alabama 2 $ 105,000 $ 52,500 $ 78,000
Morgan, Alabama 2 $ 99,000 $ 49,500 $ 465,000
Tuscaloosa, Alabama 2 $ 140,000 $ 70,000 $ 150,000
Del Norte, California 2 $ 475,000 $ 237,500 $ 142,000
Kings, California 2 $ 285,000 $ 142,500 $ 66,000
Lake, California 2 $ 533,000 $ 266,500 $ 79,000
Napa, California 2 $ 472,000 $ 236,000 $ 72,000
Sutter, California 2 $ 465,000 $ 232,500 $ 73,000
Yolo, California 2 $ 460,000 $ 230,000 $ 79,000
Adams, Colorado 2 $ 254,000 $ 127,000 $ 68,000
Arapahoe, Colorado 2 $ 364,000 $ 182,000 $ 56,000
El Paso, Colorado 2 $ 210,000 $ 105,000 $ 98,000
Garfield, Colorado 2 $ 506,000 $ 253,000 $ 215,000
New London, Connecticut 2 $ 601,000 $ 300,500 $ 68,000
New Castle, Delaware 2 $ 334,000 $ 167,000 $ 84,000
Sussex, Delaware 2 $ 1,096,000 $ 548,000 $ 200,000
Bay, Florida 2 $ 675,000 $ 337,500 $ 168,000
Hardee, Florida 2 $ 105,000 $ 52,500 $ 43,000
Indian River, Florida 2 $ 181,000 $ 90,500 $ 69,000
Lake, Florida 2 $ 793,000 $ 396,500 $ 195,000
Manatee, Florida 2 $ 266,000 $ 133,000 $ 35,000
Marion, Florida 2 $ 191,000 $ 95,500 $ 54,000
Monroe, Florida 2 $ 1,285,000 $ 642,500 $ 352,000
Carroll, Georgia 2 $ 1,136,000 $ 568,000 $ 228,000
Douglas, Georgia 2 $ 156,000 $ 78,000 $ 60,000
Fayette, Georgia 2 $ 509,000 $ 254,500 $ 149,000
Muscogee, Georgia 2 $ 106,000 $ 53,000 $ 49,000
Newton, Georgia 2 $ 135,000 $ 67,500 $ 54,000
Pike, Georgia 2 $ 287,000 $ 143,500 $ 78,000
Maui, Hawaii 2 $ 732,000 $ 366,000 $ 210,000
Ada, Idaho 2 $ 256,000 $ 128,000 $ 126,000
Blaine, Idaho 2 $ 382,000 $ 191,000 $ 1,072,000
Franklin, Idaho 2 $ 135,000 $ 67,500 $ 22,000
Boone, Illinois 2 $ 346,000 $ 173,000 $ 67,000
Kankakee, Illinois 2 $ 113,000 $ 56,500 $ 17,000
Elkhart, Indiana 2 $ 110,000 $ 55,000 $ 72,000
Iowa, Iowa 2 $ 218,000 $ 109,000 $ 75,000
Madison, Iowa 2 $ 147,000 $ 73,500 $ 70,000
Christian, Kentucky 2 $ 171,000 $ 85,500 $ 72,000
Jefferson, Kentucky 2 $ 153,000 $ 76,500 $ 50,000
Franklin, Maine 2 $ 96,000 $ 48,000 $ 79,000
Caroline, Maryland 2 $ 196,000 $ 98,000 $ 53,000
Harford, Maryland 2 $ 787,000 $ 393,500 $ 138,000
Washington, Maryland 2 $ 218,000 $ 109,000 $ 181,000
Worcester, Maryland 2 $ 950,000 $ 475,000 $ 194,000
Genesee, Michigan 2 $ 325,000 $ 162,500 $ 82,000
Macomb, Michigan 2 $ 235,000 $ 117,500 $ 60,000
Otsego, Michigan 2 $ 140,000 $ 70,000 $ 115,000
Le Sueur, Minnesota 2 $ 320,000 $ 160,000 $ 0
Lawrence, Missouri 2 $ 282,000 $ 141,000 $ 74,000
Carson City, Nevada 2 $ 258,000 $ 129,000 $ 88,000
Belknap, New Hampshire 2 $ 293,000 $ 146,500 $ 136,000
Rockingham, New Hampshire 2 $ 290,000 $ 145,000 $ 86,000
Bernalillo, New Mexico 2 $ 175,000 $ 87,500 $ 215,000
Sandoval, New Mexico 2 $ 133,000 $ 66,500 $ 0
Alamance, North Carolina 2 $ 138,000 $ 69,000 $ 30,000
Catawba, North Carolina 2 $ 474,000 $ 237,000 $ 105,000
Durham, North Carolina 2 $ 231,000 $ 115,500 $ 59,000
Forsyth, North Carolina 2 $ 229,000 $ 114,500 $ 42,000
Johnston, North Carolina 2 $ 188,000 $ 94,000 $ 64,000
Moore, North Carolina 2 $ 576,000 $ 288,000 $ 16,000
Onslow, North Carolina 2 $ 234,000 $ 117,000 $ 45,000
Randolph, North Carolina 2 $ 257,000 $ 128,500 $ 94,000
Clermont, Ohio 2 $ 142,000 $ 71,000 $ 55,000
Lorain, Ohio 2 $ 198,000 $ 99,000 $ 65,000
Stark, Ohio 2 $ 157,000 $ 78,500 $ 117,000
Warren, Ohio 2 $ 365,000 $ 182,500 $ 66,000
Tulsa, Oklahoma 2 $ 140,000 $ 70,000 $ 37,000
Clatsop, Oregon 2 $ 446,000 $ 223,000 $ 635,000
Jackson, Oregon 2 $ 314,000 $ 157,000 $ 18,000
Lane, Oregon 2 $ 308,000 $ 154,000 $ 41,000
Berks, Pennsylvania 2 $ 275,000 $ 137,500 $ 65,000
Cambria, Pennsylvania 2 $ 328,000 $ 164,000 $ 270,000
Dauphin, Pennsylvania 2 $ 346,000 $ 173,000 $ 61,000
Northampton, Pennsylvania 2 $ 266,000 $ 133,000 $ 100,000
Northumberland, Pennsylvania 2 $ 81,000 $ 40,500 $ 13,000
York, Pennsylvania 2 $ 280,000 $ 140,000 $ 86,000
Shelby, Tennessee 2 $ 268,000 $ 134,000 $ 167,000
Williamson, Tennessee 2 $ 266,000 $ 133,000 $ 166,000
Garfield, Utah 2 $ 240,000 $ 120,000 $ 90,000
Bedford City, Virginia 2 $ 151,000 $ 75,500 $ 22,000
Fairfax City, Virginia 2 $ 432,000 $ 216,000 $ 120,000
Greene, Virginia 2 $ 564,000 $ 282,000 $ 67,000
Isle of Wight, Virginia 2 $ 310,000 $ 155,000 $ 71,000
Montgomery, Virginia 2 $ 332,000 $ 166,000 $ 37,000
Norfolk, Virginia 2 $ 140,000 $ 70,000 $ 106,000
Cowlitz, Washington 2 $ 333,000 $ 166,500 $ 73,000
Mason, Washington 2 $ 113,000 $ 56,500 $ 84,000
Skamania, Washington 2 $ 644,000 $ 322,000 $ 157,000
Yakima, Washington 2 $ 143,000 $ 71,500 $ 89,000
Jefferson, West Virginia 2 $ 468,000 $ 234,000 $ 131,000
Kanawha, West Virginia 2 $ 224,000 $ 112,000 $ 47,000
Door, Wisconsin 2 $ 1,680,000 $ 840,000 $ 444,000
Racine, Wisconsin 2 $ 214,000 $ 107,000 $ 33,000
Macon, Alabama 1 $ 72,000 $ 72,000 $ 44,000
Madison, Alabama 1 $ 404,000 $ 404,000 $ 104,000
Monroe, Alabama 1 $ 100,000 $ 100,000 $ 0
Montgomery, Alabama 1 $ 108,000 $ 108,000 $ 63,000
Santa Cruz, Arizona 1 $ 94,000 $ 94,000 $ 36,000
Inyo, California 1 $ 250,000 $ 250,000 $ 90,000
Mariposa, California 1 $ 650,000 $ 650,000 $ 404,000
Plumas, California 1 $ 100,000 $ 100,000 $ 52,000
Shasta, California 1 $ 130,000 $ 130,000 $ 41,000
Boulder, Colorado 1 $ 204,000 $ 204,000 $ 965,000
Delta, Colorado 1 $ 224,000 $ 224,000 $ 540,000
Douglas, Colorado 1 $ 660,000 $ 660,000 $ 160,000
Larimer, Colorado 1 $ 213,000 $ 213,000 $ 132,000
Montrose, Colorado 1 $ 90,000 $ 90,000 $ 96,000
Pitkin, Colorado 1 $ 125,000 $ 125,000 $ 0
Pueblo, Colorado 1 $ 80,000 $ 80,000 $ 102,000
Kent, Delaware 1 $ 224,000 $ 224,000 $ 45,000
Charlotte, Florida 1 $ 202,000 $ 202,000 $ 55,000
Clay, Florida 1 $ 28,000 $ 28,000 $ 78,000
Gulf, Florida 1 $ 311,000 $ 311,000 $ 72,000
Hernando, Florida 1 $ 207,000 $ 207,000 $ 72,000
Jefferson, Florida 1 $ 203,000 $ 203,000 $ 90,000
Madison, Florida 1 $ 132,000 $ 132,000 $ 41,000
Sumter, Florida 1 $ 118,000 $ 118,000 $ 50,000
Camden, Georgia 1 $ 378,000 $ 378,000 $ 76,000
Elbert, Georgia 1 $ 102,000 $ 102,000 $ 31,000
Forsyth, Georgia 1 $ 1,295,000 $ 1,295,000 $ 352,000
Greene, Georgia 1 $ 652,000 $ 652,000 $ 179,000
Henry, Georgia 1 $ 450,000 $ 450,000 $ 125,000
Jackson, Georgia 1 $ 128,000 $ 128,000 $ 64,000
Lowndes, Georgia 1 $ 87,000 $ 87,000 $ 29,000
McDuffie, Georgia 1 $ 70,000 $ 70,000 $ 54,000
Edgar, Illinois 1 $ 76,000 $ 76,000 $ 42,000
Henry, Illinois 1 $ 150,000 $ 150,000 $ 99,000
LaSalle, Illinois 1 $ 77,000 $ 77,000 $ 37,000
Marion, Illinois 1 $ 95,000 $ 95,000 $ 26,000
Winnebago, Illinois 1 $ 312,000 $ 312,000 $ 106,000
Bremer, Iowa 1 $ 50,000 $ 50,000 $ 0
Emmet, Iowa 1 $ 53,000 $ 53,000 $ 85,000
Fayette, Iowa 1 $ 95,000 $ 95,000 $ 50,000
Scott, Iowa 1 $ 200,000 $ 200,000 $ 90,000
Story, Iowa 1 $ 60,000 $ 60,000 $ 48,000
Union, Iowa 1 $ 48,000 $ 48,000 $ 27,000
Johnson, Kansas 1 $ 1,373,000 $ 1,373,000 $ 360,000
Fayette, Kentucky 1 $ 730,000 $ 730,000 $ 150,000
Kenton, Kentucky 1 $ 69,000 $ 69,000 $ 30,000
Androscoggin, Maine 1 $ 242,000 $ 242,000 $ 61,000
Knox, Maine 1 $ 425,000 $ 425,000 $ 144,000
Cecil, Maryland 1 $ 136,000 $ 136,000 $ 109,000
Dorchester, Maryland 1 $ 630,000 $ 630,000 $ 180,000
Wicomico, Maryland 1 $ 153,000 $ 153,000 $ 74,000
Berrien, Michigan 1 $ 109,000 $ 109,000 $ 0
Cass, Michigan 1 $ 156,000 $ 156,000 $ 34,000
Emmet, Michigan 1 $ 95,000 $ 95,000 $ 0
Lapeer, Michigan 1 $ 179,000 $ 179,000 $ 71,000
Lenawee, Michigan 1 $ 155,000 $ 155,000 $ 37,000
St. Clair, Michigan 1 $ 185,000 $ 185,000 $ 28,000
Anoka, Minnesota 1 $ 252,000 $ 252,000 $ 316,000
Dodge, Minnesota 1 $ 224,000 $ 224,000 $ 54,000
Goodhue, Minnesota 1 $ 234,000 $ 234,000 $ 71,000
Isanti, Minnesota 1 $ 185,000 $ 185,000 $ 50,000
Sherburne, Minnesota 1 $ 188,000 $ 188,000 $ 23,000
Todd, Minnesota 1 $ 108,000 $ 108,000 $ 39,000
Barry, Missouri 1 $ 371,000 $ 371,000 $ 108,000
Camden, Missouri 1 $ 364,000 $ 364,000 $ 205,000
Henry, Missouri 1 $ 600,000 $ 600,000 $ 150,000
Stone, Missouri 1 $ 163,000 $ 163,000 $ 102,000
Douglas, Nevada 1 $ 236,000 $ 236,000 $ 81,000
Nye, Nevada 1 $ 200,000 $ 200,000 $ 97,000
Carroll, New Hampshire 1 $ 225,000 $ 225,000 $ 53,000
Otero, New Mexico 1 $ 63,000 $ 63,000 $ 26,000
Buncombe, North Carolina 1 $ 171,000 $ 171,000 $ 44,000
Caldwell, North Carolina 1 $ 57,000 $ 57,000 $ 12,000
Camden, North Carolina 1 $ 126,000 $ 126,000 $ 60,000
Chatham, North Carolina 1 $ 516,000 $ 516,000 $ 133,000
Currituck, North Carolina 1 $ 360,000 $ 360,000 $ 300,000
Gaston, North Carolina 1 $ 132,000 $ 132,000 $ 40,000
Guilford, North Carolina 1 $ 167,000 $ 167,000 $ 53,000
Harnett, North Carolina 1 $ 140,000 $ 140,000 $ 36,000
Iredell, North Carolina 1 $ 320,000 $ 320,000 $ 156,000
New Hanover, North Carolina 1 $ 198,000 $ 198,000 $ 84,000
Pender, North Carolina 1 $ 179,000 $ 179,000 $ 92,000
Person, North Carolina 1 $ 76,000 $ 76,000 $ 46,000
Rowan, North Carolina 1 $ 223,000 $ 223,000 $ 108,000
Union, North Carolina 1 $ 282,000 $ 282,000 $ 222,000
Watauga, North Carolina 1 $ 214,000 $ 214,000 $ 74,000
Wayne, North Carolina 1 $ 137,000 $ 137,000 $ 42,000
Ashtabula, Ohio 1 $ 38,000 $ 38,000 $ 44,000
Brown, Ohio 1 $ 192,000 $ 192,000 $ 81,000
Butler, Ohio 1 $ 82,000 $ 82,000 $ 24,000
Clark, Ohio 1 $ 136,000 $ 136,000 $ 45,000
Hocking, Ohio 1 $ 96,000 $ 96,000 $ 109,000
Knox, Ohio 1 $ 227,000 $ 227,000 $ 82,000
Logan, Ohio 1 $ 61,000 $ 61,000 $ 24,000
Lucas, Ohio 1 $ 531,000 $ 531,000 $ 437,000
Richland, Ohio 1 $ 137,000 $ 137,000 $ 164,000
Scioto, Ohio 1 $ 50,000 $ 50,000 $ 25,000
Union, Ohio 1 $ 243,000 $ 243,000 $ 51,000
Deschutes, Oregon 1 $ 47,000 $ 47,000 $ 0
Marion, Oregon 1 $ 180,000 $ 180,000 $ 50,000
Armstrong, Pennsylvania 1 $ 694,000 $ 694,000 $ 253,000
Bucks, Pennsylvania 1 $ 192,000 $ 192,000 $ 148,000
Delaware, Pennsylvania 1 $ 261,000 $ 261,000 $ 68,000
Erie, Pennsylvania 1 $ 45,000 $ 45,000 $ 29,000
Lancaster, Pennsylvania 1 $ 50,000 $ 50,000 $ 25,000
Washington, Pennsylvania 1 $ 35,000 $ 35,000 $ 25,000
Wyoming, Pennsylvania 1 $ 53,000 $ 53,000 $ 26,000
Bristol, Rhode Island 1 $ 228,000 $ 228,000 $ 218,000
Cherokee, South Carolina 1 $ 166,000 $ 166,000 $ 68,000
Oconee, South Carolina 1 $ 166,000 $ 166,000 $ 54,000
Sevier, Tennessee 1 $ 373,000 $ 373,000 $ 246,000
Bexar, Texas 1 $ 270,000 $ 270,000 $ 57,000
Summit, Utah 1 $ 209,000 $ 209,000 $ 170,000
Washington, Utah 1 $ 643,000 $ 643,000 $ 170,000
Weber, Utah 1 $ 131,000 $ 131,000 $ 68,000
Fauquier, Virginia 1 $ 390,000 $ 390,000 $ 187,000
Frederick, Virginia 1 $ 211,000 $ 211,000 $ 39,000
Hanover, Virginia 1 $ 1,125,000 $ 1,125,000 $ 300,000
Lunenburg, Virginia 1 $ 50,000 $ 50,000 $ 28,000
Lynchburg, Virginia 1 $ 341,000 $ 341,000 $ 88,000
Portsmouth, Virginia 1 $ 240,000 $ 240,000 $ 72,000
Richmond City, Virginia 1 $ 650,000 $ 650,000 $ 275,000
Stafford, Virginia 1 $ 333,000 $ 333,000 $ 92,000
Suffolk, Virginia 1 $ 245,000 $ 245,000 $ 41,000
Warren, Virginia 1 $ 286,000 $ 286,000 $ 94,000
Westmoreland, Virginia 1 $ 210,000 $ 210,000 $ 0
Winchester, Virginia 1 $ 198,000 $ 198,000 $ 54,000
Wythe, Virginia 1 $ 104,000 $ 104,000 $ 26,000
Clark, Washington 1 $ 626,000 $ 626,000 $ 309,000
Grant, Washington 1 $ 140,000 $ 140,000 $ 74,000
Berkeley, West Virginia 1 $ 310,000 $ 310,000 $ 114,000
Cabell, West Virginia 1 $ 60,000 $ 60,000 $ 36,000
Columbia, Wisconsin 1 $ 252,000 $ 252,000 $ 66,000
Dane, Wisconsin 1 $ 26,000 $ 26,000 $ 49,000
Jackson, Wisconsin 1 $ 108,000 $ 108,000 $ 77,000
Marathon, Wisconsin 1 $ 341,000 $ 341,000 $ 78,000
Fremont, Wyoming 1 $ 123,000 $ 123,000 $ 48,000

Mortgage Loan Application Detail Totals for Platinum Capital Group in 2006

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 2,823 $861,706,000 $305,000 $9,000,000 $179,000 $4,361,000
Refinancing 2,602 $890,045,000 $342,000 $6,000,000 $164,000 $4,564,000
Home Improvement 2 $576,000 $288,000 $448,000 $156,000 $156,000

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 1,851 $788,005,000 $425,000 $9,000,000 $248,000 $4,564,000
Hispanic 1,365 $339,038,000 $248,000 $3,409,000 $122,000 $3,391,000
Not Provided 735 $257,121,000 $349,000 $3,600,000 $172,000 $1,620,000
Black or African American 675 $155,472,000 $230,000 $3,000,000 $126,000 $1,823,000
Not applicable 524 $127,569,000 $243,000 $5,345,000 $83,000 $1,692,000
Asian 213 $66,893,000 $314,000 $1,725,000 $196,000 $1,800,000
Native Hawaiian or Other Pacific Islander 52 $15,406,000 $296,000 $960,000 $147,000 $491,000
American Indian or Alaskan Native 12 $2,823,000 $235,000 $650,000 $243,000 $1,741,000

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) 5,327 $1,733,602,000 $325,000 $9,000,000 $174,000 $4,564,000
FHA-insured (Federal Housing Administration) 99 $18,473,000 $186,000 $399,000 $49,000 $104,000
VA-guaranteed (Veterans Administration) 1 $252,000 $252,000 $252,000 $66,000 $66,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 2,275 $815,342,000 $358,000 $3,850,000 $189,000 $4,564,000
Application Approved But Not Accepted 1,343 $398,987,000 $297,000 $4,665,000 $160,000 $3,600,000
Application Denied By Financial Institution 783 $238,927,000 $305,000 $5,225,000 $180,000 $3,391,000
Application Withdrawn By Applicant 647 $179,800,000 $277,000 $9,000,000 $110,000 $3,942,000
File Closed For Incompleteness 379 $119,271,000 $314,000 $4,089,000 $201,000 $3,072,000
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
Credit History 170 $39,661,000 $233,000 $1,400,000 $128,000 $720,000
Collateral 164 $41,858,000 $255,000 $2,500,000 $197,000 $1,741,000
Other 149 $51,752,000 $347,000 $4,550,000 $169,000 $1,500,000
Debt-To-Income Ratio 115 $26,196,000 $227,000 $1,185,000 $115,000 $818,000
Unverifiable Information 46 $16,205,000 $352,000 $2,208,000 $202,000 $1,320,000
Employment History 23 $6,969,000 $303,000 $2,000,000 $449,000 $3,391,000
Insufficient Cash (Downpayment, Closing Cost) 9 $1,894,000 $210,000 $558,000 $98,000 $152,000
Mortgage Insurance Denied 1 $224,000 $224,000 $224,000 $118,000 $118,000
Credit Application Incomplete 1 $140,000 $140,000 $140,000 $78,000 $78,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Platinum Capital Group's 2006 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 Platinum Capital Group'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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