Precision Financial Inc
HMDA Loan Application Totals
and Mortgage Lending Details
for 2005
Precision Financial Inc 2005 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Precision Financial Inc 6800 Jericho Turnpike Suite206E Syosset, NY 11791 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2008 2007 2006 2005 2004 |
| Total Number of Mortgage Applications | 1,905 |
| Total Mortgage Loan Application Amount | $491,250,000 |
| Average Mortgage Loan Application Amount | $263,380 |
| Highest Mortgage Loan Application Amount | $2,900,000 |
| Average Applicant Income | $115,000 |
| Highest Applicant Income | $1,380,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2005 with Precision Financial Inc. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Precision Financial Inc's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2005 breaks down Precision Financial Inc's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Precision Financial Inc serves its applicants.
Each category highlights the total number of mortgage applications processed by Precision Financial Inc, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Precision Financial Inc's mortgage activity for 2005.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Queens County New York | 280 | $ 80,128,000 | $ 286,000 | $ 102,000 |
| Suffolk County New York | 230 | $ 59,022,000 | $ 256,000 | $ 100,000 |
| Nassau County New York | 200 | $ 60,721,000 | $ 303,000 | $ 109,000 |
| Kings County New York | 197 | $ 62,766,000 | $ 318,000 | $ 114,000 |
| Broward County Florida | 56 | $ 9,933,000 | $ 177,000 | $ 65,000 |
| Westchester County New York | 56 | $ 17,583,000 | $ 313,000 | $ 101,000 |
| Bronx County New York | 53 | $ 13,532,000 | $ 255,000 | $ 84,000 |
| Palm Beach County Florida | 45 | $ 9,748,000 | $ 216,000 | $ 84,000 |
| Prince George's County Maryland | 41 | $ 9,402,000 | $ 229,000 | $ 81,000 |
| Richmond County New York | 39 | $ 11,063,000 | $ 283,000 | $ 79,000 |
| Orange County Florida | 35 | $ 10,479,000 | $ 299,000 | $ 190,000 |
| Rockland County New York | 27 | $ 7,587,000 | $ 281,000 | $ 93,000 |
| Hillsborough County Florida | 25 | $ 4,074,000 | $ 162,000 | $ 84,000 |
| Orange County New York | 22 | $ 4,699,000 | $ 213,000 | $ 80,000 |
| Pinellas County Florida | 21 | $ 3,257,000 | $ 155,000 | $ 69,000 |
| Baltimore County Maryland | 21 | $ 3,944,000 | $ 187,000 | $ 56,000 |
| Essex County Massachusetts | 17 | $ 4,272,000 | $ 251,000 | $ 78,000 |
| Polk County Florida | 15 | $ 2,210,000 | $ 147,000 | $ 70,000 |
| Middlesex County Massachusetts | 15 | $ 4,799,000 | $ 319,000 | $ 94,000 |
| Suffolk County Massachusetts | 15 | $ 5,118,000 | $ 341,000 | $ 131,000 |
| New York County New York | 15 | $ 7,275,000 | $ 485,000 | $ 102,000 |
| Osceola County Florida | 13 | $ 2,330,000 | $ 179,000 | $ 79,000 |
| Fairfield County Connecticut | 12 | $ 3,821,000 | $ 318,000 | $ 91,000 |
| Monroe County New York | 12 | $ 1,841,000 | $ 153,000 | $ 54,000 |
| Hartford County Connecticut | 11 | $ 1,636,000 | $ 148,000 | $ 59,000 |
| New Haven County Connecticut | 11 | $ 2,200,000 | $ 200,000 | $ 66,000 |
| St. Lucie County Florida | 11 | $ 1,821,000 | $ 165,000 | $ 77,000 |
| Anne Arundel County Maryland | 11 | $ 2,690,000 | $ 244,000 | $ 95,000 |
| Bristol County Massachusetts | 11 | $ 2,478,000 | $ 225,000 | $ 61,000 |
| Norfolk County Massachusetts | 11 | $ 3,339,000 | $ 303,000 | $ 95,000 |
| Worcester County Massachusetts | 11 | $ 2,096,000 | $ 190,000 | $ 62,000 |
| Erie County New York | 11 | $ 1,438,000 | $ 130,000 | $ 63,000 |
| Flagler County Florida | 10 | $ 1,878,000 | $ 187,000 | $ 99,000 |
| Lee County Florida | 10 | $ 1,865,000 | $ 186,000 | $ 120,000 |
| Miami-Dade County Florida | 10 | $ 3,803,000 | $ 380,000 | $ 206,000 |
| Hampden County Massachusetts | 10 | $ 1,773,000 | $ 177,000 | $ 50,000 |
| Dutchess County New York | 9 | $ 2,425,000 | $ 269,000 | $ 119,000 |
| Duval County Florida | 8 | $ 1,042,000 | $ 130,000 | $ 56,000 |
| Pasco County Florida | 8 | $ 1,352,000 | $ 169,000 | $ 74,000 |
| Montgomery County Maryland | 8 | $ 1,966,000 | $ 245,000 | $ 110,000 |
| Los Angeles County California | 7 | $ 1,480,000 | $ 211,000 | $ 94,000 |
| Seminole County Florida | 7 | $ 1,629,000 | $ 232,000 | $ 76,000 |
| Plymouth County Massachusetts | 7 | $ 1,982,000 | $ 283,000 | $ 83,000 |
| Albany County New York | 7 | $ 1,320,000 | $ 188,000 | $ 106,000 |
| Putnam County New York | 7 | $ 1,818,000 | $ 259,000 | $ 147,000 |
| Ulster County New York | 7 | $ 1,303,000 | $ 186,000 | $ 72,000 |
| Sarasota County Florida | 6 | $ 1,129,000 | $ 188,000 | $ 65,000 |
| Barnstable County Massachusetts | 6 | $ 1,723,000 | $ 287,000 | $ 74,000 |
| Washington County New York | 6 | $ 702,000 | $ 117,000 | $ 60,000 |
| Fairfax County Virginia | 6 | $ 3,144,000 | $ 524,000 | $ 114,000 |
| Marion County Florida | 5 | $ 710,000 | $ 142,000 | $ 66,000 |
| Volusia County Florida | 5 | $ 841,000 | $ 168,000 | $ 34,000 |
| Baltimore City County Maryland | 5 | $ 388,000 | $ 77,000 | $ 46,000 |
| Oneida County New York | 5 | $ 431,000 | $ 86,000 | $ 47,000 |
| Ontario County New York | 5 | $ 530,000 | $ 106,000 | $ 66,000 |
| Prince William County Virginia | 5 | $ 1,265,000 | $ 253,000 | $ 83,000 |
| Alameda County California | 4 | $ 1,191,000 | $ 297,000 | $ 40,000 |
| Orange County California | 4 | $ 1,499,000 | $ 374,000 | $ 517,000 |
| San Bernardino County California | 4 | $ 765,000 | $ 191,000 | $ 92,000 |
| Clay County Florida | 4 | $ 833,000 | $ 208,000 | $ 109,000 |
| Charles County Maryland | 4 | $ 667,000 | $ 166,000 | $ 84,000 |
| Niagara County New York | 4 | $ 489,000 | $ 122,000 | $ 77,000 |
| Sullivan County New York | 4 | $ 549,000 | $ 137,000 | $ 53,000 |
| Bucks County Pennsylvania | 4 | $ 1,104,000 | $ 276,000 | $ 82,000 |
| Montgomery County Pennsylvania | 4 | $ 716,000 | $ 179,000 | $ 77,000 |
| Virginia Beach County Virginia | 4 | $ 953,000 | $ 238,000 | $ 82,000 |
| Charlotte County Florida | 3 | $ 750,000 | $ 250,000 | $ 112,000 |
| Manatee County Florida | 3 | $ 411,000 | $ 137,000 | $ 64,000 |
| St. Johns County Florida | 3 | $ 482,000 | $ 160,000 | $ 75,000 |
| Cecil County Maryland | 3 | $ 1,110,000 | $ 370,000 | $ 224,000 |
| Bergen County New Jersey | 3 | $ 1,002,000 | $ 334,000 | $ 101,000 |
| Camden County New Jersey | 3 | $ 614,000 | $ 204,000 | $ 58,000 |
| Schenectady County New York | 3 | $ 177,000 | $ 59,000 | $ 33,000 |
| Wayne County New York | 3 | $ 372,000 | $ 124,000 | $ 44,000 |
| Philadelphia County Pennsylvania | 3 | $ 464,000 | $ 154,000 | $ 76,000 |
| Chesapeake County Virginia | 3 | $ 396,000 | $ 132,000 | $ 68,000 |
| Chesterfield County Virginia | 3 | $ 365,000 | $ 121,000 | $ 73,000 |
| Kern County California | 2 | $ 270,000 | $ 135,000 | $ 65,000 |
| Madera County California | 2 | $ 503,000 | $ 251,000 | $ 62,000 |
| Sacramento County California | 2 | $ 592,000 | $ 296,000 | $ 72,000 |
| Stanislaus County California | 2 | $ 373,000 | $ 186,000 | $ 73,000 |
| Adams County Colorado | 2 | $ 205,000 | $ 102,000 | $ 88,000 |
| New London County Connecticut | 2 | $ 304,000 | $ 152,000 | $ 61,000 |
| Tolland County Connecticut | 2 | $ 336,000 | $ 168,000 | $ 108,000 |
| Windham County Connecticut | 2 | $ 380,000 | $ 190,000 | $ 46,000 |
| Hernando County Florida | 2 | $ 439,000 | $ 219,000 | $ 42,000 |
| Lake County Florida | 2 | $ 296,000 | $ 148,000 | $ 51,000 |
| Monroe County Florida | 2 | $ 1,090,000 | $ 545,000 | $ 214,000 |
| Nassau County Florida | 2 | $ 394,000 | $ 197,000 | $ 51,000 |
| Cook County Illinois | 2 | $ 653,000 | $ 326,000 | $ 124,000 |
| Carroll County Maryland | 2 | $ 395,000 | $ 197,000 | $ 25,000 |
| Harford County Maryland | 2 | $ 510,000 | $ 255,000 | $ 74,000 |
| Hudson County New Jersey | 2 | $ 771,000 | $ 385,000 | $ 88,000 |
| Clinton County New York | 2 | $ 320,000 | $ 160,000 | $ 84,000 |
| Delaware County New York | 2 | $ 521,000 | $ 260,000 | $ 98,000 |
| Herkimer County New York | 2 | $ 246,000 | $ 123,000 | $ 52,000 |
| Saratoga County New York | 2 | $ 373,000 | $ 186,000 | $ 97,000 |
| Chester County Pennsylvania | 2 | $ 400,000 | $ 200,000 | $ 53,000 |
| Greene County Pennsylvania | 2 | $ 115,000 | $ 57,000 | $ 122,000 |
| Northampton County Pennsylvania | 2 | $ 416,000 | $ 208,000 | $ 94,000 |
| York County Pennsylvania | 2 | $ 383,000 | $ 191,000 | $ 87,000 |
| Davidson County Tennessee | 2 | $ 332,000 | $ 166,000 | $ 55,000 |
| Hampton County Virginia | 2 | $ 402,000 | $ 201,000 | $ 135,000 |
| Newport News County Virginia | 2 | $ 215,000 | $ 107,000 | $ 76,000 |
| Northumberland County Virginia | 2 | $ 164,000 | $ 82,000 | $ 72,000 |
| Calaveras County California | 1 | $ 208,000 | $ 208,000 | $ 47,000 |
| Placer County California | 1 | $ 469,000 | $ 469,000 | $ 132,000 |
| Riverside County California | 1 | $ 200,000 | $ 200,000 | $ 75,000 |
| San Joaquin County California | 1 | $ 70,000 | $ 70,000 | $ 54,000 |
| San Mateo County California | 1 | $ 250,000 | $ 250,000 | $ 181,000 |
| Santa Barbara County California | 1 | $ 628,000 | $ 628,000 | $ 124,000 |
| Litchfield County Connecticut | 1 | $ 160,000 | $ 160,000 | $ 60,000 |
| Baker County Florida | 1 | $ 58,000 | $ 58,000 | $ 88,000 |
| Bay County Florida | 1 | $ 140,000 | $ 140,000 | $ 48,000 |
| Brevard County Florida | 1 | $ 85,000 | $ 85,000 | $ 22,000 |
| Citrus County Florida | 1 | $ 113,000 | $ 113,000 | $ 34,000 |
| Collier County Florida | 1 | $ 188,000 | $ 188,000 | $ 32,000 |
| Gulf County Florida | 1 | $ 100,000 | $ 100,000 | $ 39,000 |
| Highlands County Florida | 1 | $ 151,000 | $ 151,000 | $ 94,000 |
| Leon County Florida | 1 | $ 100,000 | $ 100,000 | $ 70,000 |
| Martin County Florida | 1 | $ 414,000 | $ 414,000 | $ 246,000 |
| Okaloosa County Florida | 1 | $ 205,000 | $ 205,000 | $ 42,000 |
| Calvert County Maryland | 1 | $ 103,000 | $ 103,000 | $ 40,000 |
| Frederick County Maryland | 1 | $ 218,000 | $ 218,000 | $ 90,000 |
| Washington County Maryland | 1 | $ 297,000 | $ 297,000 | $ 78,000 |
| Hampshire County Massachusetts | 1 | $ 227,000 | $ 227,000 | $ 69,000 |
| Essex County New Jersey | 1 | $ 220,000 | $ 220,000 | $ 44,000 |
| Gloucester County New Jersey | 1 | $ 276,000 | $ 276,000 | $ 69,000 |
| Hunterdon County New Jersey | 1 | $ 190,000 | $ 190,000 | $ 81,000 |
| Mercer County New Jersey | 1 | $ 129,000 | $ 129,000 | $ 46,000 |
| Middlesex County New Jersey | 1 | $ 263,000 | $ 263,000 | $ 102,000 |
| Morris County New Jersey | 1 | $ 304,000 | $ 304,000 | $ 90,000 |
| Ocean County New Jersey | 1 | $ 351,000 | $ 351,000 | $ 98,000 |
| Sussex County New Jersey | 1 | $ 417,000 | $ 417,000 | $ 121,000 |
| Union County New Jersey | 1 | $ 226,000 | $ 226,000 | $ 52,000 |
| Chemung County New York | 1 | $ 145,000 | $ 145,000 | $ 42,000 |
| Fulton County New York | 1 | $ 89,000 | $ 89,000 | $ 60,000 |
| Madison County New York | 1 | $ 234,000 | $ 234,000 | $ 167,000 |
| Onondaga County New York | 1 | $ 148,000 | $ 148,000 | $ 62,000 |
| Oswego County New York | 1 | $ 75,000 | $ 75,000 | $ 44,000 |
| Rensselaer County New York | 1 | $ 251,000 | $ 251,000 | $ 98,000 |
| Seneca County New York | 1 | $ 83,000 | $ 83,000 | $ 35,000 |
| Steuben County New York | 1 | $ 68,000 | $ 68,000 | $ 56,000 |
| Tompkins County New York | 1 | $ 200,000 | $ 200,000 | $ 141,000 |
| Warren County New York | 1 | $ 220,000 | $ 220,000 | $ 94,000 |
| Adams County Pennsylvania | 1 | $ 177,000 | $ 177,000 | $ 60,000 |
| Allegheny County Pennsylvania | 1 | $ 95,000 | $ 95,000 | $ 59,000 |
| Berks County Pennsylvania | 1 | $ 123,000 | $ 123,000 | $ 96,000 |
| Lancaster County Pennsylvania | 1 | $ 165,000 | $ 165,000 | $ 31,000 |
| Lehigh County Pennsylvania | 1 | $ 137,000 | $ 137,000 | $ 74,000 |
| Monroe County Pennsylvania | 1 | $ 160,000 | $ 160,000 | $ 126,000 |
| Culpeper County Virginia | 1 | $ 167,000 | $ 167,000 | $ 35,000 |
| Isle of Wight County Virginia | 1 | $ 160,000 | $ 160,000 | $ 59,000 |
| Loudoun County Virginia | 1 | $ 347,000 | $ 347,000 | $ 90,000 |
| Louisa County Virginia | 1 | $ 200,000 | $ 200,000 | $ 0 |
| Norfolk County Virginia | 1 | $ 198,000 | $ 198,000 | $ 51,000 |
| Rockingham County Virginia | 1 | $ 250,000 | $ 250,000 | $ 79,000 |
| Shenandoah County Virginia | 1 | $ 146,000 | $ 146,000 | $ 180,000 |
Mortgage Loan Application Detail Totals for Precision Financial Inc in 2005
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 |
|---|---|---|---|---|---|---|
| Refinancing | 1,546 | $390,741,000 | $223,083 | $2,900,000 | $79,500 | $1,020,000 |
| Home Purchase | 359 | $100,509,000 | $317,111 | $1,580,000 | $162,333 | $1,380,000 |
| 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 | 796 | $207,379,000 | $227,454 | $2,900,000 | $96,909 | $1,380,000 |
| Black or African American | 571 | $147,653,000 | $223,909 | $860,000 | $78,909 | $480,000 |
| Not Provided | 261 | $63,237,000 | $231,666 | $735,000 | $71,222 | $480,000 |
| Hispanic | 191 | $48,844,000 | $228,222 | $1,580,000 | $78,000 | $900,000 |
| Asian | 76 | $21,185,000 | $318,833 | $950,000 | $113,666 | $456,000 |
| Native Hawaiian or Other Pacific Islander | 7 | $2,360,000 | $337,000 | $594,000 | $107,000 | $185,000 |
| American Indian or Alaskan Native | 3 | $592,000 | $197,333 | $268,000 | $103,666 | $128,000 |
| 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) | 1,905 | $491,250,000 | $227,583 | $2,900,000 | $88,333 | $1,380,000 |
| 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 | 1,398 | $358,083,000 | $240,545 | $1,960,000 | $88,727 | $1,380,000 |
| Application Withdrawn By Applicant | 363 | $92,419,000 | $219,090 | $2,600,000 | $83,363 | $1,020,000 |
| Application Denied By Financial Institution | 101 | $30,422,000 | $257,222 | $2,900,000 | $103,888 | $900,000 |
| File Closed For Incompleteness | 36 | $8,334,000 | $203,428 | $860,000 | $65,714 | $360,000 |
| Application Approved But Not Accepted | 7 | $1,992,000 | $381,333 | $735,000 | $102,333 | $212,000 |
| 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 |
|---|---|---|---|---|---|---|
| Other | 2 | $405,000 | $202,000 | $324,000 | $80,000 | $80,000 |
| Unverifiable Information | 1 | $218,000 | $218,000 | $218,000 | $66,000 | $66,000 |
| Credit History | 1 | $452,000 | $452,000 | $452,000 | $80,000 | $80,000 |
| 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 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Precision Financial Inc's 2005 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 Precision 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.
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with aggregated HMDA statistics today.