Premier Mortgage Funding, Inc. Mortgage Lending & HMDA Data, 2006

In 2006, Premier Mortgage Funding, Inc. of Clearwater, FL reported 4,059 mortgage applications totaling $639.0 million, up 67% from 2005. The average application was for $157,424, and applicants reported an average income of $91,048. 100% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Baltimore-Towson, MD (386), Washington-Arlington-Alexandria, DC-VA-MD-WV (264) and Tampa-St. Petersburg-Clearwater, FL (206) (applications in parentheses).

Mortgage Company & Address Premier Mortgage Funding, Inc.
3001 Executive Drive, Suite 330
Clearwater, FL 33762
Tel #: available with data download
Federal Regulator * available with data download
Years 2006  2005  
Total Number of Mortgage Applications 4,059
Total Mortgage Loan Application Amount $638,988,000
Average Mortgage Loan Application Amount $157,424
Highest Mortgage Loan Application Amount $1,365,000
Average Applicant Income $91,048
Highest Applicant Income $3,600,000

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records Premier Mortgage Funding, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Baltimore-Towson, MD 386 $ 73,392,000 $ 190,134 $ 90,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 264 $ 61,644,000 $ 233,500 $ 87,000
Tampa-St. Petersburg-Clearwater, FL 206 $ 33,913,000 $ 164,626 $ 89,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 150 $ 32,220,000 $ 214,800 $ 126,000
Philadelphia, PA 113 $ 18,393,000 $ 162,769 $ 77,000
Orlando-Kissimmee, FL 109 $ 19,490,000 $ 178,807 $ 107,000
Atlanta-Sandy Springs-Marietta, GA 88 $ 11,909,000 $ 135,329 $ 93,000
Cleveland-Elyria-Mentor, OH 85 $ 9,172,000 $ 107,905 $ 64,000
Miami-Miami Beach-Kendall, FL 80 $ 14,889,000 $ 186,112 $ 121,000
Bethesda-Gaithersburg-Frederick, MD 77 $ 19,829,000 $ 257,519 $ 99,000
Nashville-Davidson--Murfreesboro, TN 73 $ 7,341,000 $ 100,561 $ 78,000
Jacksonville, FL 72 $ 10,880,000 $ 151,111 $ 76,000
Birmingham-Hoover, AL 71 $ 8,908,000 $ 125,464 $ 67,000
Cincinnati-Middletown, OH-KY-IN 71 $ 7,977,000 $ 112,352 $ 59,323
Cape Coral-Fort Myers, FL 65 $ 15,152,000 $ 233,107 $ 117,000
West Palm Beach-Boca Raton-Boynton Beach, FL 63 $ 15,008,000 $ 238,222 $ 128,000
Camden, NJ 62 $ 10,116,000 $ 163,161 $ 63,000
Lakeland, FL 62 $ 8,560,000 $ 138,064 $ 69,000
Knoxville, TN 59 $ 5,156,000 $ 87,389 $ 69,000
Charlotte-Gastonia-Concord, NC-SC 58 $ 7,557,000 $ 130,293 $ 86,862
Little Rock-North Little Rock, AR 52 $ 4,566,000 $ 87,807 $ 50,000
Baton Rouge, LA 50 $ 5,704,000 $ 114,080 $ 86,000
Sarasota-Bradenton-Venice, FL 50 $ 9,790,000 $ 195,800 $ 103,000
Indianapolis-Carmel, IN 49 $ 5,548,000 $ 113,224 $ 60,000
Akron, OH 45 $ 5,163,000 $ 114,733 $ 504,000
St. Louis, MO-IL 41 $ 5,082,000 $ 123,951 $ 83,000
Greensboro-High Point, NC 40 $ 4,907,000 $ 122,675 $ 89,000
Omaha-Council Bluffs, NE-IA 39 $ 3,631,000 $ 93,102 $ 71,948
Port St. Lucie-Fort Pierce, FL 39 $ 6,498,000 $ 166,615 $ 76,000
Columbus, OH 38 $ 5,005,000 $ 131,710 $ 75,000
Gary, IN 38 $ 4,072,000 $ 107,157 $ 51,000
Memphis, TN-MS-AR 35 $ 3,702,000 $ 105,771 $ 65,400
Wilmington, DE-MD-NJ 34 $ 4,899,000 $ 144,088 $ 64,558
Dayton, OH 30 $ 3,208,000 $ 106,933 $ 69,000
Fort Wayne, IN 28 $ 1,991,000 $ 71,107 $ 64,000
York-Hanover, PA 28 $ 3,734,000 $ 133,357 $ 103,000
Mobile, AL 25 $ 2,158,000 $ 86,320 $ 52,000
Raleigh-Cary, NC 25 $ 3,193,000 $ 127,720 $ 74,000
Palm Bay-Melbourne-Titusville, FL 23 $ 3,232,000 $ 140,521 $ 64,000
Deltona-Daytona Beach-Ormond Beach, FL 22 $ 3,636,000 $ 165,272 $ 115,000
Edison, NJ 22 $ 5,228,000 $ 237,636 $ 103,000
Louisville-Jefferson County, KY-IN 21 $ 2,444,000 $ 116,380 $ 67,142
Lexington-Fayette, KY 20 $ 1,716,000 $ 85,800 $ 54,000
New Orleans-Metairie-Kenner, LA 20 $ 2,703,000 $ 135,150 $ 90,000
Winston-Salem, NC 20 $ 2,104,000 $ 105,200 $ 89,000
Minneapolis-St. Paul-Bloomington, MN-WI 19 $ 2,987,000 $ 157,210 $ 75,842
Rochester, MN 18 $ 2,015,000 $ 111,944 $ 72,000
Kansas City, MO-KS 16 $ 1,748,000 $ 109,250 $ 75,000
Charleston-North Charleston, SC 15 $ 2,297,000 $ 153,133 $ 78,000
Myrtle Beach-Conway-North Myrtle Beach, SC 15 $ 2,165,000 $ 144,333 $ 129,000
Durham, NC 14 $ 1,471,000 $ 105,071 $ 61,000
Ocala, FL 14 $ 2,449,000 $ 174,928 $ 58,000
Pensacola-Ferry Pass-Brent, FL 14 $ 2,038,000 $ 145,571 $ 92,000
Tallahassee, FL 14 $ 2,109,000 $ 150,642 $ 52,000
Canton-Massillon, OH 13 $ 1,184,000 $ 91,076 $ 84,000
Gainesville, FL 13 $ 1,740,000 $ 133,846 $ 404,000
Harrisburg-Carlisle, PA 12 $ 1,531,000 $ 127,583 $ 103,000
Kokomo, IN 12 $ 1,018,000 $ 84,833 $ 51,000
Lancaster, PA 12 $ 1,662,000 $ 138,500 $ 63,000
New York-White Plains-Wayne, NY-NJ 11 $ 3,881,000 $ 352,818 $ 87,000
Corpus Christi, TX 10 $ 868,000 $ 86,800 $ 53,000
Newark-Union, NJ-PA 10 $ 3,062,000 $ 306,200 $ 99,000
Tuscaloosa, AL 10 $ 825,000 $ 82,500 $ 49,000
Columbia, SC 8 $ 1,166,000 $ 145,750 $ 54,000
Greenville, SC 8 $ 1,122,000 $ 140,250 $ 149,000
Oklahoma City, OK 8 $ 964,000 $ 120,500 $ 64,000
Pittsburgh, PA 8 $ 709,000 $ 88,625 $ 51,000
San Antonio, TX 8 $ 786,000 $ 98,250 $ 53,000
Terre Haute, IN 8 $ 560,000 $ 70,000 $ 35,000
Atlantic City, NJ 7 $ 1,612,000 $ 230,285 $ 94,000
Fayetteville, NC 7 $ 819,000 $ 117,000 $ 56,000
Toledo, OH 7 $ 949,000 $ 135,571 $ 55,000
Wilmington, NC 7 $ 1,977,000 $ 282,428 $ 114,000
Youngstown-Warren-Boardman, OH-PA 7 $ 923,000 $ 131,857 $ 52,000
Asheville, NC 6 $ 880,000 $ 146,666 $ 90,000
Florence, SC 6 $ 599,000 $ 99,833 $ 41,000
Fort Walton Beach-Crestview-Destin, FL 6 $ 1,294,000 $ 215,666 $ 131,000
Milwaukee-Waukesha-West Allis, WI 6 $ 542,000 $ 90,333 $ 33,000
Montgomery, AL 6 $ 794,000 $ 132,333 $ 55,000
Naples-Marco Island, FL 6 $ 2,046,000 $ 341,000 $ 176,000
Ocean City, NJ 6 $ 2,690,000 $ 448,333 $ 152,000
Punta Gorda, FL 6 $ 1,014,000 $ 169,000 $ 43,000
Reading, PA 6 $ 1,201,000 $ 200,166 $ 135,000
Burlington, NC 5 $ 412,000 $ 82,400 $ 49,000
Fort Smith, AR-OK 5 $ 331,000 $ 66,200 $ 44,000
Hagerstown-Martinsburg, MD-WV 5 $ 1,003,000 $ 200,600 $ 72,000
Johnson City, TN 5 $ 451,000 $ 90,200 $ 39,000
Kingsport-Bristol-Bristol, TN-VA 5 $ 358,000 $ 71,600 $ 30,000
Mansfield, OH 5 $ 262,000 $ 52,400 $ 87,000
Riverside-San Bernardino-Ontario, CA 5 $ 1,023,000 $ 204,600 $ 80,000
Trenton-Ewing, NJ 5 $ 683,000 $ 136,600 $ 58,000
Chattanooga, TN-GA 4 $ 292,000 $ 73,000 $ 52,500
Chicago-Naperville-Joliet, IL 4 $ 708,000 $ 177,000 $ 72,000
Cumberland, MD-WV 4 $ 369,000 $ 92,250 $ 72,000
Dallas-Plano-Irving, TX 4 $ 420,000 $ 105,000 $ 39,000
Fond Du Lac, WI 4 $ 686,000 $ 171,500 $ 57,000
Hickory-Lenoir-Morganton, NC 4 $ 381,000 $ 95,250 $ 31,000
Houma-Bayou Cane-Thibodaux, LA 4 $ 344,000 $ 86,000 $ 52,000
Houston-Sugar Land-Baytown, TX 4 $ 552,000 $ 138,000 $ 62,000
Lafayette, IN 4 $ 350,000 $ 87,500 $ 45,000
Los Angeles-Long Beach-Glendale, CA 4 $ 1,349,000 $ 337,250 $ 97,000
Morristown, TN 4 $ 368,000 $ 92,000 $ 29,000
Salisbury, MD 4 $ 635,000 $ 158,750 $ 84,000
Vineland-Millville-Bridgeton, NJ 4 $ 936,000 $ 234,000 $ 55,000
Allentown-Bethlehem-Easton, PA-NJ 3 $ 276,000 $ 92,000 $ 50,000
Anchorage, AK 3 $ 654,000 $ 218,000 $ 70,000
Anniston-Oxford, AL 3 $ 227,000 $ 75,666 $ 40,000
Brunswick, GA 3 $ 612,000 $ 204,000 $ 71,000
Dover, DE 3 $ 391,000 $ 130,333 $ 47,000
Fayetteville-Springdale-Rogers, AR-MO 3 $ 240,000 $ 80,000 $ 62,000
Fort Worth-Arlington, TX 3 $ 516,000 $ 172,000 $ 81,000
Huntsville, AL 3 $ 510,000 $ 170,000 $ 55,000
Iowa City, IA 3 $ 223,000 $ 74,333 $ 70,000
Muncie, IN 3 $ 188,000 $ 62,666 $ 38,000
Panama City-Lynn Haven, FL 3 $ 609,000 $ 203,000 $ 72,000
Phoenix-Mesa-Scottsdale, AZ 3 $ 1,236,000 $ 412,000 $ 1,223,000
Rocky Mount, NC 3 $ 189,000 $ 63,000 $ 46,000
San Diego-Carlsbad-San Marcos, CA 3 $ 1,055,000 $ 351,666 $ 167,000
Shreveport-Bossier City, LA 3 $ 314,000 $ 104,666 $ 40,000
Spartanburg, SC 3 $ 226,000 $ 75,333 $ 155,000
Albany, GA 2 $ 300,000 $ 150,000 $ 78,000
Amarillo, TX 2 $ 348,000 $ 174,000 $ 113,000
Anderson, IN 2 $ 128,000 $ 64,000 $ 40,000
Austin-Round Rock, TX 2 $ 196,000 $ 98,000 $ 70,000
Bakersfield, CA 2 $ 515,000 $ 257,500 $ 71,000
Bloomington, IN 2 $ 191,000 $ 95,500 $ 55,000
Cleveland, TN 2 $ 262,000 $ 131,000 $ 96,000
Decatur, AL 2 $ 181,000 $ 90,500 $ 52,000
Denver-Aurora, CO 2 $ 516,000 $ 258,000 $ 161,000
Dothan, AL 2 $ 238,000 $ 119,000 $ 200,000
Elizabethtown, KY 2 $ 294,000 $ 147,000 $ 200,000
Elkhart-Goshen, IN 2 $ 127,000 $ 63,500 $ 24,000
Erie, PA 2 $ 354,000 $ 177,000 $ 80,000
Florence-Muscle Shoals, AL 2 $ 185,000 $ 92,500 $ 88,000
Hartford-West Hartford-East Hartford, CT 2 $ 418,000 $ 209,000 $ 34,000
Johnstown, PA 2 $ 63,000 $ 31,500 $ 48,000
Lawton, OK 2 $ 277,000 $ 138,500 $ 115,000
Lebanon, PA 2 $ 170,000 $ 85,000 $ 47,000
Lima, OH 2 $ 265,000 $ 132,500 $ 54,000
Lincoln, NE 2 $ 125,000 $ 62,500 $ 42,000
Madera, CA 2 $ 490,000 $ 245,000 $ 70,000
Norwich-New London, CT 2 $ 585,000 $ 292,500 $ 147,000
Oakland-Fremont-Hayward, CA 2 $ 1,102,000 $ 551,000 $ 175,000
Pascagoula, MS 2 $ 297,000 $ 148,500 $ 78,000
Rome, GA 2 $ 88,000 $ 44,000 $ 41,000
Salem, OR 2 $ 466,000 $ 233,000 $ 180,000
Scranton--Wilkes-Barre, PA 2 $ 155,000 $ 77,500 $ 31,000
South Bend-Mishawaka, IN-MI 2 $ 262,000 $ 131,000 $ 79,000
St. Joseph, MO-KS 2 $ 160,000 $ 80,000 $ 510,000
Stockton, CA 2 $ 924,000 $ 462,000 $ 87,000
Tulsa, OK 2 $ 293,000 $ 146,500 $ 49,000
Altoona, PA 1 $ 204,000 $ 204,000 $ 120,000
Anderson, SC 1 $ 139,000 $ 139,000 $ 0
Athens-Clarke County, GA 1 $ 77,000 $ 77,000 $ 36,000
Augusta-Richmond County, GA-SC 1 $ 106,000 $ 106,000 $ 45,000
Beaumont-Port Arthur, TX 1 $ 104,000 $ 104,000 $ 52,000
Cedar Rapids, IA 1 $ 182,000 $ 182,000 $ 81,000
Clarksville, TN-KY 1 $ 105,000 $ 105,000 $ 51,000
Dalton, GA 1 $ 134,000 $ 134,000 $ 43,000
Duluth, MN-WI 1 $ 149,000 $ 149,000 $ 49,000
Fresno, CA 1 $ 417,000 $ 417,000 $ 120,000
Goldsboro, NC 1 $ 66,000 $ 66,000 $ 130,000
Greenville, NC 1 $ 77,000 $ 77,000 $ 38,000
Jackson, MS 1 $ 83,000 $ 83,000 $ 58,000
Jacksonville, NC 1 $ 104,000 $ 104,000 $ 43,000
Janesville, WI 1 $ 136,000 $ 136,000 $ 34,000
Jefferson City, MO 1 $ 105,000 $ 105,000 $ 27,000
Lafayette, LA 1 $ 135,000 $ 135,000 $ 42,000
Michigan City-La Porte, IN 1 $ 88,000 $ 88,000 $ 28,000
New Haven-Milford, CT 1 $ 119,000 $ 119,000 $ 51,000
Oxnard-Thousand Oaks-Ventura, CA 1 $ 416,000 $ 416,000 $ 180,000
Parkersburg-Marietta-Vienna, WV-OH 1 $ 153,000 $ 153,000 $ 110,000
Pine Bluff, AR 1 $ 87,000 $ 87,000 $ 32,000
Portland-Vancouver-Beaverton, OR-WA 1 $ 270,000 $ 270,000 $ 89,000
Provo-Orem, UT 1 $ 144,000 $ 144,000 $ 110,000
Sacramento--Arden-Arcade--Roseville, CA 1 $ 510,000 $ 510,000 $ 130,000
San Jose-Sunnyvale-Santa Clara, CA 1 $ 750,000 $ 750,000 $ 300,000
San Luis Obispo-Paso Robles, CA 1 $ 440,000 $ 440,000 $ 140,000
Sandusky, OH 1 $ 84,000 $ 84,000 $ 30,000
Sheboygan, WI 1 $ 93,000 $ 93,000 $ 37,000
St. Cloud, MN 1 $ 75,000 $ 75,000 $ 33,000
State College, PA 1 $ 58,000 $ 58,000 $ 14,000
Sumter, SC 1 $ 513,000 $ 513,000 $ 440,000
Texarkana, Tx-Texarkana, AR 1 $ 68,000 $ 68,000 $ 46,000
Valdosta, GA 1 $ 82,000 $ 82,000 $ 21,000
Vallejo-Fairfield, CA 1 $ 350,000 $ 350,000 $ 90,000
Williamsport, PA 1 $ 52,000 $ 52,000 $ 42,000
Yuba City, CA 1 $ 146,000 $ 146,000 $ 80,000

Mortgage Loan Application Detail Totals for Premier Mortgage Funding, Inc. 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 2,079 $280,641,000 $134,000 $1,099,000 $93,000 $3,600,000
Refinancing 1,980 $358,347,000 $180,000 $1,365,000 $89,000 $1,800,000
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 1,878 $296,063,000 $157,000 $1,365,000 $101,000 $1,800,000
Black or African American 1,339 $203,128,000 $151,000 $1,120,000 $76,000 $3,600,000
Not Provided 461 $73,851,000 $160,000 $1,099,000 $82,000 $670,000
Hispanic 327 $53,919,000 $164,000 $660,000 $98,000 $940,000
Asian 42 $9,914,000 $236,000 $935,000 $96,000 $470,000
Native Hawaiian or Other Pacific Islander 8 $1,608,000 $201,000 $390,000 $198,000 $920,000
American Indian or Alaskan Native 4 $505,000 $126,000 $201,000 $71,000 $110,000
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) 4,059 $638,988,000 $157,000 $1,365,000 $91,000 $3,600,000
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 4,059 $638,988,000 $157,000 $1,365,000 $91,000 $3,600,000
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
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Premier Mortgage Funding, Inc.'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 Premier Mortgage Funding, 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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