Residential Acceptance Corporation Mortgage Lending & HMDA Data, 2011
In 2011, Residential Acceptance Corporation of Tampa, FL reported 1,439 mortgage applications totaling $158.7 million, up 140% from 2010. The average application was for $110,282, and applicants reported an average income of $41,160. 64% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Ocala, FL (188), Lakeland-Winter Haven, FL (121) and Tampa-St. Petersburg-Clearwater, FL (99) (applications in parentheses).
| Mortgage Company & Address | Residential Acceptance Corporation 5027 W Laurel St Tampa, FL 33607 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2018 2017 2016 2015 2014 2013 2012 2011 2010 |
| Total Number of Mortgage Applications | 1,439 |
| Total Mortgage Loan Application Amount | $158,697,000 |
| Average Mortgage Loan Application Amount | $110,282 |
| Highest Mortgage Loan Application Amount | $333,000 |
| Average Applicant Income | $41,160 |
| Highest Applicant Income | $100,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Residential Acceptance Corporation filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for Residential Acceptance Corporation in 2011
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 | 1,418 | $155,761,000 | $109,000 | $333,000 | $41,000 | $100,000 |
| Refinancing | 21 | $2,936,000 | $139,000 | $244,000 | $52,000 | $88,000 |
| 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 | 1,029 | $112,480,000 | $109,000 | $296,000 | $42,000 | $100,000 |
| Hispanic | 205 | $21,754,000 | $106,000 | $333,000 | $40,000 | $99,000 |
| Black or African American | 142 | $17,482,000 | $123,000 | $264,000 | $41,000 | $78,000 |
| Not Provided | 43 | $4,727,000 | $109,000 | $275,000 | $31,000 | $70,000 |
| American Indian or Alaskan Native | 8 | $817,000 | $102,000 | $160,000 | $37,000 | $53,000 |
| Asian | 6 | $704,000 | $117,000 | $181,000 | $42,000 | $65,000 |
| Native Hawaiian or Other Pacific Islander | 6 | $733,000 | $122,000 | $193,000 | $35,000 | $68,000 |
| 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 |
|---|---|---|---|---|---|---|
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1,432 | $157,500,000 | $109,000 | $333,000 | $41,000 | $100,000 |
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 5 | $678,000 | $135,000 | $288,000 | $76,000 | $93,000 |
| FHA-insured (Federal Housing Administration) | 2 | $519,000 | $259,000 | $275,000 | $48,000 | $83,000 |
| 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 | 920 | $99,553,000 | $108,000 | $333,000 | $42,000 | $100,000 |
| Application Withdrawn By Applicant | 228 | $24,672,000 | $108,000 | $296,000 | $38,000 | $93,000 |
| Preapproval Denied by Financial Institution | 112 | $13,477,000 | $120,000 | $259,000 | $39,000 | $91,000 |
| Application Denied By Financial Institution | 101 | $12,659,000 | $125,000 | $264,000 | $43,000 | $91,000 |
| Application Approved But Not Accepted | 73 | $7,655,000 | $104,000 | $228,000 | $38,000 | $71,000 |
| Loan Purchased By The Institution | 3 | $490,000 | $163,000 | $181,000 | $54,000 | $65,000 |
| File Closed For Incompleteness | 2 | $191,000 | $95,000 | $99,000 | $36,000 | $53,000 |
| Preapproval Approved but not Accepted | 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 37 | $4,259,000 | $115,000 | $202,000 | $32,000 | $81,000 |
| Other | 20 | $3,083,000 | $154,000 | $259,000 | $54,000 | $91,000 |
| Collateral | 9 | $990,000 | $110,000 | $140,000 | $46,000 | $71,000 |
| Credit History | 8 | $1,035,000 | $129,000 | $179,000 | $52,000 | $74,000 |
| Employment History | 4 | $395,000 | $98,000 | $143,000 | $32,000 | $42,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $158,000 | $79,000 | $94,000 | $33,000 | $36,000 |
| Unverifiable Information | 1 | $144,000 | $144,000 | $144,000 | $35,000 | $35,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Residential Acceptance Corporation's 2011 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 Residential Acceptance Corporation'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.
For a list of all lenders in Florida, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About