Residential Home Funding Corp.
HMDA Loan Application Totals
and Mortgage Lending Details
for 2016
Residential Home Funding Corp. 2016 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 | Residential Home Funding Corp. 707 Westchester Avenue, Suite 305 White Plains, NY 10604 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 |
| Total Number of Mortgage Applications | 5,533 |
| Total Mortgage Loan Application Amount | $1,486,217,000 |
| Average Mortgage Loan Application Amount | $276,500 |
| Highest Mortgage Loan Application Amount | $2,700,000 |
| Average Applicant Income | $109,500 |
| Highest Applicant Income | $2,555,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2016 with Residential Home Funding Corp.. 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 Residential Home Funding Corp.'s lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2016 breaks down Residential Home Funding Corp.'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 Residential Home Funding Corp. serves its applicants.
Each category highlights the total number of mortgage applications processed by Residential Home Funding Corp., 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 Residential Home Funding Corp.'s mortgage activity for 2016.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Morris County New Jersey | 415 | $ 127,284,000 | $ 306,000 | $ 127,000 |
| Suffolk County New York | 355 | $ 104,082,000 | $ 293,000 | $ 105,000 |
| Sussex County New Jersey | 328 | $ 71,012,000 | $ 216,000 | $ 85,000 |
| Essex County New Jersey | 225 | $ 60,103,000 | $ 267,000 | $ 114,000 |
| Bergen County New Jersey | 223 | $ 85,954,000 | $ 385,000 | $ 151,000 |
| Richmond County New York | 208 | $ 77,859,000 | $ 374,000 | $ 117,000 |
| Nassau County New York | 193 | $ 74,378,000 | $ 385,000 | $ 127,000 |
| Orange County New York | 186 | $ 40,371,000 | $ 217,000 | $ 99,000 |
| Passaic County New Jersey | 184 | $ 49,671,000 | $ 269,000 | $ 116,000 |
| Union County New Jersey | 181 | $ 45,778,000 | $ 252,000 | $ 97,000 |
| Queens County New York | 177 | $ 67,815,000 | $ 383,000 | $ 109,000 |
| Warren County New Jersey | 161 | $ 34,561,000 | $ 214,000 | $ 89,000 |
| Westchester County New York | 159 | $ 56,580,000 | $ 355,000 | $ 135,000 |
| Bronx County New York | 142 | $ 53,727,000 | $ 378,000 | $ 95,000 |
| Hudson County New Jersey | 136 | $ 38,505,000 | $ 283,000 | $ 117,000 |
| Middlesex County New Jersey | 124 | $ 31,175,000 | $ 251,000 | $ 114,000 |
| Dutchess County New York | 111 | $ 25,132,000 | $ 226,000 | $ 104,000 |
| Monmouth County New Jersey | 105 | $ 36,726,000 | $ 349,000 | $ 136,000 |
| Lehigh County Pennsylvania | 95 | $ 17,679,000 | $ 186,000 | $ 72,000 |
| Kings County New York | 91 | $ 40,248,000 | $ 442,000 | $ 123,000 |
| Dorchester County South Carolina | 78 | $ 12,451,000 | $ 159,000 | $ 61,000 |
| Berkeley County South Carolina | 77 | $ 10,121,000 | $ 131,000 | $ 57,000 |
| Monroe County Pennsylvania | 72 | $ 10,950,000 | $ 152,000 | $ 71,000 |
| Northampton County Pennsylvania | 72 | $ 12,857,000 | $ 178,000 | $ 86,000 |
| Charleston County South Carolina | 71 | $ 12,240,000 | $ 172,000 | $ 73,000 |
| Ocean County New Jersey | 68 | $ 17,846,000 | $ 262,000 | $ 125,000 |
| Allegheny County Pennsylvania | 65 | $ 11,059,000 | $ 170,000 | $ 76,000 |
| Broward County Florida | 60 | $ 15,224,000 | $ 253,000 | $ 98,000 |
| Fairfield County Connecticut | 54 | $ 16,606,000 | $ 307,000 | $ 127,000 |
| Somerset County New Jersey | 51 | $ 16,035,000 | $ 314,000 | $ 107,000 |
| Richland County South Carolina | 50 | $ 5,240,000 | $ 104,000 | $ 46,000 |
| Hartford County Connecticut | 46 | $ 10,578,000 | $ 229,000 | $ 117,000 |
| New Haven County Connecticut | 43 | $ 8,647,000 | $ 201,000 | $ 83,000 |
| Rockland County New York | 42 | $ 11,856,000 | $ 282,000 | $ 105,000 |
| Carbon County Pennsylvania | 36 | $ 4,655,000 | $ 129,000 | $ 90,000 |
| Putnam County New York | 34 | $ 10,215,000 | $ 300,000 | $ 118,000 |
| Pike County Pennsylvania | 30 | $ 4,591,000 | $ 153,000 | $ 80,000 |
| Lexington County South Carolina | 29 | $ 3,124,000 | $ 107,000 | $ 62,000 |
| Burlington County New Jersey | 28 | $ 4,974,000 | $ 177,000 | $ 94,000 |
| Palm Beach County Florida | 25 | $ 5,823,000 | $ 232,000 | $ 104,000 |
| Hunterdon County New Jersey | 24 | $ 6,620,000 | $ 275,000 | $ 145,000 |
| Camden County New Jersey | 23 | $ 4,290,000 | $ 186,000 | $ 91,000 |
| Mercer County New Jersey | 22 | $ 4,777,000 | $ 217,000 | $ 99,000 |
| Ulster County New York | 21 | $ 3,856,000 | $ 183,000 | $ 105,000 |
| Beaufort County South Carolina | 21 | $ 3,778,000 | $ 179,000 | $ 70,000 |
| Hillsborough County Florida | 15 | $ 2,986,000 | $ 199,000 | $ 176,000 |
| Atlantic County New Jersey | 15 | $ 4,481,000 | $ 298,000 | $ 210,000 |
| Schenectady County New York | 15 | $ 2,228,000 | $ 148,000 | $ 59,000 |
| Cobb County Georgia | 14 | $ 2,610,000 | $ 186,000 | $ 86,000 |
| Gloucester County New Jersey | 14 | $ 3,120,000 | $ 222,000 | $ 89,000 |
| Miami-Dade County Florida | 13 | $ 2,723,000 | $ 209,000 | $ 140,000 |
| Wayne County Pennsylvania | 13 | $ 2,129,000 | $ 163,000 | $ 102,000 |
| Gwinnett County Georgia | 12 | $ 2,826,000 | $ 235,000 | $ 86,000 |
| Baltimore City County Maryland | 11 | $ 2,573,000 | $ 233,000 | $ 98,000 |
| Sullivan County New York | 11 | $ 2,239,000 | $ 203,000 | $ 80,000 |
| Montgomery County Virginia | 11 | $ 1,850,000 | $ 168,000 | $ 55,000 |
| Cape May County New Jersey | 10 | $ 2,360,000 | $ 236,000 | $ 141,000 |
| New York County New York | 9 | $ 4,668,000 | $ 518,000 | $ 281,000 |
| Philadelphia County Pennsylvania | 9 | $ 1,902,000 | $ 211,000 | $ 123,000 |
| Collier County Florida | 8 | $ 4,132,000 | $ 516,000 | $ 238,000 |
| Orange County Florida | 8 | $ 1,699,000 | $ 212,000 | $ 122,000 |
| Monroe County New York | 8 | $ 1,153,000 | $ 144,000 | $ 114,000 |
| Onondaga County New York | 8 | $ 1,042,000 | $ 130,000 | $ 72,000 |
| Berks County Pennsylvania | 8 | $ 1,371,000 | $ 171,000 | $ 66,000 |
| Bucks County Pennsylvania | 8 | $ 2,065,000 | $ 258,000 | $ 144,000 |
| Montgomery County Pennsylvania | 8 | $ 1,941,000 | $ 242,000 | $ 99,000 |
| Middlesex County Connecticut | 7 | $ 2,020,000 | $ 288,000 | $ 79,000 |
| Henry County Georgia | 7 | $ 745,000 | $ 106,000 | $ 36,000 |
| Cumberland County New Jersey | 7 | $ 888,000 | $ 126,000 | $ 59,000 |
| Windham County Connecticut | 6 | $ 911,000 | $ 151,000 | $ 65,000 |
| Brevard County Florida | 6 | $ 774,000 | $ 129,000 | $ 64,000 |
| Fulton County Georgia | 6 | $ 1,077,000 | $ 179,000 | $ 70,000 |
| Baltimore County Maryland | 6 | $ 1,231,000 | $ 205,000 | $ 94,000 |
| Howard County Maryland | 6 | $ 1,795,000 | $ 299,000 | $ 105,000 |
| Erie County New York | 6 | $ 778,000 | $ 129,000 | $ 81,000 |
| Greene County New York | 6 | $ 774,000 | $ 129,000 | $ 105,000 |
| Luzerne County Pennsylvania | 6 | $ 794,000 | $ 132,000 | $ 72,000 |
| Westmoreland County Pennsylvania | 6 | $ 1,047,000 | $ 174,000 | $ 112,000 |
| Horry County South Carolina | 6 | $ 1,139,000 | $ 189,000 | $ 59,000 |
| Litchfield County Connecticut | 5 | $ 1,017,000 | $ 203,000 | $ 59,000 |
| Tolland County Connecticut | 5 | $ 970,000 | $ 194,000 | $ 126,000 |
| Flagler County Florida | 5 | $ 672,000 | $ 134,000 | $ 95,000 |
| Polk County Florida | 5 | $ 868,000 | $ 173,000 | $ 96,000 |
| Sarasota County Florida | 5 | $ 1,156,000 | $ 231,000 | $ 143,000 |
| Volusia County Florida | 5 | $ 1,005,000 | $ 201,000 | $ 99,000 |
| DeKalb County Georgia | 5 | $ 803,000 | $ 160,000 | $ 66,000 |
| Chautauqua County New York | 5 | $ 333,000 | $ 66,000 | $ 46,000 |
| Washington County Pennsylvania | 5 | $ 943,000 | $ 188,000 | $ 97,000 |
| New London County Connecticut | 4 | $ 1,061,000 | $ 265,000 | $ 103,000 |
| Pinellas County Florida | 4 | $ 1,041,000 | $ 260,000 | $ 101,000 |
| Albany County New York | 4 | $ 920,000 | $ 230,000 | $ 119,000 |
| Rensselaer County New York | 4 | $ 539,000 | $ 134,000 | $ 50,000 |
| Johnston County North Carolina | 4 | $ 945,000 | $ 236,000 | $ 62,000 |
| Union County North Carolina | 4 | $ 1,033,000 | $ 258,000 | $ 108,000 |
| Wake County North Carolina | 4 | $ 880,000 | $ 220,000 | $ 196,000 |
| Chester County Pennsylvania | 4 | $ 1,024,000 | $ 256,000 | $ 127,000 |
| Greenville County South Carolina | 4 | $ 743,000 | $ 185,000 | $ 70,000 |
| Henrico County Virginia | 4 | $ 1,075,000 | $ 268,000 | $ 101,000 |
| Pulaski County Virginia | 4 | $ 384,000 | $ 96,000 | $ 56,000 |
| Citrus County Florida | 3 | $ 421,000 | $ 140,000 | $ 207,000 |
| Lee County Florida | 3 | $ 587,000 | $ 195,000 | $ 90,000 |
| Leon County Florida | 3 | $ 640,000 | $ 213,000 | $ 73,000 |
| Osceola County Florida | 3 | $ 734,000 | $ 244,000 | $ 60,000 |
| Santa Rosa County Florida | 3 | $ 399,000 | $ 133,000 | $ 36,000 |
| Seminole County Florida | 3 | $ 641,000 | $ 213,000 | $ 66,000 |
| Cherokee County Georgia | 3 | $ 374,000 | $ 124,000 | $ 45,000 |
| Clayton County Georgia | 3 | $ 348,000 | $ 116,000 | $ 56,000 |
| Forsyth County Georgia | 3 | $ 433,000 | $ 144,000 | $ 59,000 |
| Newton County Georgia | 3 | $ 404,000 | $ 134,000 | $ 46,000 |
| Paulding County Georgia | 3 | $ 586,000 | $ 195,000 | $ 94,000 |
| Niagara County New York | 3 | $ 263,000 | $ 87,000 | $ 44,000 |
| Saratoga County New York | 3 | $ 661,000 | $ 220,000 | $ 90,000 |
| Washington County New York | 3 | $ 477,000 | $ 159,000 | $ 48,000 |
| Carteret County North Carolina | 3 | $ 485,000 | $ 161,000 | $ 71,000 |
| Mecklenburg County North Carolina | 3 | $ 489,000 | $ 163,000 | $ 89,000 |
| New Hanover County North Carolina | 3 | $ 468,000 | $ 156,000 | $ 40,000 |
| Butler County Pennsylvania | 3 | $ 635,000 | $ 211,000 | $ 113,000 |
| Lackawanna County Pennsylvania | 3 | $ 436,000 | $ 145,000 | $ 59,000 |
| Colleton County South Carolina | 3 | $ 195,000 | $ 65,000 | $ 48,000 |
| Orangeburg County South Carolina | 3 | $ 331,000 | $ 110,000 | $ 52,000 |
| Radford County Virginia | 3 | $ 205,000 | $ 68,000 | $ 38,000 |
| Kent County Delaware | 2 | $ 362,000 | $ 181,000 | $ 39,000 |
| Pasco County Florida | 2 | $ 280,000 | $ 140,000 | $ 40,000 |
| St. Johns County Florida | 2 | $ 557,000 | $ 278,000 | $ 79,000 |
| Chatham County Georgia | 2 | $ 270,000 | $ 135,000 | $ 52,000 |
| Muscogee County Georgia | 2 | $ 291,000 | $ 145,000 | $ 80,000 |
| Carroll County Maryland | 2 | $ 834,000 | $ 417,000 | $ 152,000 |
| Charles County Maryland | 2 | $ 527,000 | $ 263,000 | $ 97,000 |
| Frederick County Maryland | 2 | $ 530,000 | $ 265,000 | $ 80,000 |
| Montgomery County Maryland | 2 | $ 840,000 | $ 420,000 | $ 123,000 |
| Delaware County New York | 2 | $ 345,000 | $ 172,000 | $ 105,000 |
| Franklin County New York | 2 | $ 244,000 | $ 122,000 | $ 32,000 |
| St. Lawrence County New York | 2 | $ 227,000 | $ 113,000 | $ 45,000 |
| Catawba County North Carolina | 2 | $ 353,000 | $ 176,000 | $ 92,000 |
| Harnett County North Carolina | 2 | $ 274,000 | $ 137,000 | $ 76,000 |
| McKean County Pennsylvania | 2 | $ 254,000 | $ 127,000 | $ 98,000 |
| Susquehanna County Pennsylvania | 2 | $ 343,000 | $ 171,000 | $ 78,000 |
| Warren County Pennsylvania | 2 | $ 205,000 | $ 102,000 | $ 41,000 |
| Clarendon County South Carolina | 2 | $ 270,000 | $ 135,000 | $ 58,000 |
| Georgetown County South Carolina | 2 | $ 318,000 | $ 159,000 | $ 71,000 |
| Jasper County South Carolina | 2 | $ 432,000 | $ 216,000 | $ 99,000 |
| Kershaw County South Carolina | 2 | $ 259,000 | $ 129,000 | $ 48,000 |
| York County South Carolina | 2 | $ 526,000 | $ 263,000 | $ 119,000 |
| Arlington County Virginia | 2 | $ 795,000 | $ 397,000 | $ 123,000 |
| Giles County Virginia | 2 | $ 167,000 | $ 83,000 | $ 22,000 |
| Northampton County Virginia | 2 | $ 379,000 | $ 189,000 | $ 57,000 |
| Roanoke County Virginia | 2 | $ 248,000 | $ 124,000 | $ 62,000 |
| Stafford County Virginia | 2 | $ 917,000 | $ 458,000 | $ 191,000 |
| York County Virginia | 2 | $ 721,000 | $ 360,000 | $ 110,000 |
| New Castle County Delaware | 1 | $ 329,000 | $ 329,000 | $ 74,000 |
| Charlotte County Florida | 1 | $ 132,000 | $ 132,000 | $ 33,000 |
| Duval County Florida | 1 | $ 74,000 | $ 74,000 | $ 37,000 |
| Indian River County Florida | 1 | $ 208,000 | $ 208,000 | $ 184,000 |
| Lake County Florida | 1 | $ 214,000 | $ 214,000 | $ 78,000 |
| Madison County Florida | 1 | $ 131,000 | $ 131,000 | $ 53,000 |
| Manatee County Florida | 1 | $ 279,000 | $ 279,000 | $ 47,000 |
| Martin County Florida | 1 | $ 212,000 | $ 212,000 | $ 92,000 |
| St. Lucie County Florida | 1 | $ 241,000 | $ 241,000 | $ 83,000 |
| Sumter County Florida | 1 | $ 91,000 | $ 91,000 | $ 22,000 |
| Suwannee County Florida | 1 | $ 86,000 | $ 86,000 | $ 45,000 |
| Wakulla County Florida | 1 | $ 84,000 | $ 84,000 | $ 39,000 |
| Butts County Georgia | 1 | $ 41,000 | $ 41,000 | $ 38,000 |
| Fannin County Georgia | 1 | $ 79,000 | $ 79,000 | $ 27,000 |
| Putnam County Georgia | 1 | $ 323,000 | $ 323,000 | $ 82,000 |
| Richmond County Georgia | 1 | $ 223,000 | $ 223,000 | $ 121,000 |
| Spalding County Georgia | 1 | $ 89,000 | $ 89,000 | $ 52,000 |
| St. Mary's County Maryland | 1 | $ 175,000 | $ 175,000 | $ 137,000 |
| Washington County Maryland | 1 | $ 306,000 | $ 306,000 | $ 124,000 |
| Cayuga County New York | 1 | $ 103,000 | $ 103,000 | $ 43,000 |
| Fulton County New York | 1 | $ 230,000 | $ 230,000 | $ 246,000 |
| Herkimer County New York | 1 | $ 132,000 | $ 132,000 | $ 38,000 |
| Jefferson County New York | 1 | $ 70,000 | $ 70,000 | $ 46,000 |
| Livingston County New York | 1 | $ 148,000 | $ 148,000 | $ 29,000 |
| Madison County New York | 1 | $ 223,000 | $ 223,000 | $ 94,000 |
| Oneida County New York | 1 | $ 272,000 | $ 272,000 | $ 284,000 |
| Schoharie County New York | 1 | $ 132,000 | $ 132,000 | $ 89,000 |
| Warren County New York | 1 | $ 188,000 | $ 188,000 | $ 58,000 |
| Alamance County North Carolina | 1 | $ 276,000 | $ 276,000 | $ 139,000 |
| Avery County North Carolina | 1 | $ 85,000 | $ 85,000 | $ 44,000 |
| Buncombe County North Carolina | 1 | $ 134,000 | $ 134,000 | $ 54,000 |
| Cumberland County North Carolina | 1 | $ 158,000 | $ 158,000 | $ 33,000 |
| Forsyth County North Carolina | 1 | $ 113,000 | $ 113,000 | $ 48,000 |
| Franklin County North Carolina | 1 | $ 478,000 | $ 478,000 | $ 190,000 |
| Henderson County North Carolina | 1 | $ 137,000 | $ 137,000 | $ 54,000 |
| Hoke County North Carolina | 1 | $ 51,000 | $ 51,000 | $ 81,000 |
| Iredell County North Carolina | 1 | $ 150,000 | $ 150,000 | $ 189,000 |
| Stanly County North Carolina | 1 | $ 121,000 | $ 121,000 | $ 32,000 |
| Transylvania County North Carolina | 1 | $ 299,000 | $ 299,000 | $ 403,000 |
| Watauga County North Carolina | 1 | $ 130,000 | $ 130,000 | $ 109,000 |
| Wayne County North Carolina | 1 | $ 133,000 | $ 133,000 | $ 30,000 |
| Adams County Pennsylvania | 1 | $ 237,000 | $ 237,000 | $ 76,000 |
| Armstrong County Pennsylvania | 1 | $ 252,000 | $ 252,000 | $ 166,000 |
| Centre County Pennsylvania | 1 | $ 158,000 | $ 158,000 | $ 251,000 |
| Crawford County Pennsylvania | 1 | $ 185,000 | $ 185,000 | $ 364,000 |
| Cumberland County Pennsylvania | 1 | $ 178,000 | $ 178,000 | $ 90,000 |
| Delaware County Pennsylvania | 1 | $ 180,000 | $ 180,000 | $ 97,000 |
| Erie County Pennsylvania | 1 | $ 95,000 | $ 95,000 | $ 43,000 |
| Indiana County Pennsylvania | 1 | $ 218,000 | $ 218,000 | $ 118,000 |
| Lancaster County Pennsylvania | 1 | $ 162,000 | $ 162,000 | $ 41,000 |
| Snyder County Pennsylvania | 1 | $ 176,000 | $ 176,000 | $ 113,000 |
| Aiken County South Carolina | 1 | $ 62,000 | $ 62,000 | $ 58,000 |
| Anderson County South Carolina | 1 | $ 134,000 | $ 134,000 | $ 76,000 |
| Greenwood County South Carolina | 1 | $ 180,000 | $ 180,000 | $ 185,000 |
| Lancaster County South Carolina | 1 | $ 125,000 | $ 125,000 | $ 65,000 |
| Laurens County South Carolina | 1 | $ 125,000 | $ 125,000 | $ 54,000 |
| Newberry County South Carolina | 1 | $ 220,000 | $ 220,000 | $ 82,000 |
| Spartanburg County South Carolina | 1 | $ 68,000 | $ 68,000 | $ 20,000 |
| Alexandria County Virginia | 1 | $ 213,000 | $ 213,000 | $ 66,000 |
| Bedford County Virginia | 1 | $ 112,000 | $ 112,000 | $ 41,000 |
| Chesterfield County Virginia | 1 | $ 203,000 | $ 203,000 | $ 59,000 |
| Fairfax County Virginia | 1 | $ 604,000 | $ 604,000 | $ 212,000 |
| Frederick County Virginia | 1 | $ 361,000 | $ 361,000 | $ 131,000 |
| Gloucester County Virginia | 1 | $ 344,000 | $ 344,000 | $ 117,000 |
| James City County Virginia | 1 | $ 95,000 | $ 95,000 | $ 73,000 |
| Louisa County Virginia | 1 | $ 160,000 | $ 160,000 | $ 74,000 |
| Manassas County Virginia | 1 | $ 295,000 | $ 295,000 | $ 66,000 |
| Norfolk County Virginia | 1 | $ 183,000 | $ 183,000 | $ 36,000 |
| Prince William County Virginia | 1 | $ 665,000 | $ 665,000 | $ 253,000 |
| Spotsylvania County Virginia | 1 | $ 312,000 | $ 312,000 | $ 98,000 |
| Virginia Beach County Virginia | 1 | $ 207,000 | $ 207,000 | $ 223,000 |
| Wythe County Virginia | 1 | $ 112,000 | $ 112,000 | $ 42,000 |
Mortgage Loan Application Detail Totals for Residential Home Funding Corp. in 2016
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 | 3,892 | $1,000,364,000 | $257,000 | $1,725,000 | $100,000 | $2,555,000 |
| Refinancing | 1,641 | $485,853,000 | $296,000 | $2,700,000 | $119,000 | $2,124,000 |
| 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 | 3,464 | $944,770,000 | $272,000 | $2,700,000 | $115,000 | $2,555,000 |
| Hispanic | 950 | $253,364,000 | $266,000 | $885,000 | $85,000 | $1,074,000 |
| Black or African American | 606 | $144,578,000 | $238,000 | $1,600,000 | $86,000 | $2,124,000 |
| Not Provided | 250 | $60,803,000 | $243,000 | $840,000 | $95,000 | $361,000 |
| Asian | 229 | $72,862,000 | $318,000 | $944,000 | $113,000 | $532,000 |
| Native Hawaiin or Other Pacific Islander | 22 | $6,808,000 | $309,000 | $432,000 | $97,000 | $171,000 |
| American Indian or Alaskan Native | 11 | $2,798,000 | $254,000 | $427,000 | $95,000 | $279,000 |
| Not applicable | 1 | $234,000 | $234,000 | $234,000 | $224,000 | $224,000 |
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) | 3,016 | $834,710,000 | $276,000 | $2,700,000 | $128,000 | $2,555,000 |
| FHA-insured (Federal Housing Administration) | 2,244 | $583,229,000 | $259,000 | $813,000 | $79,000 | $400,000 |
| VA-guaranteed (Veterans Administration) | 185 | $54,446,000 | $294,000 | $1,073,000 | $85,000 | $345,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 88 | $13,832,000 | $157,000 | $330,000 | $55,000 | $106,000 |
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 | 3,213 | $846,400,000 | $263,000 | $1,132,000 | $100,000 | $1,070,000 |
| Application Withdrawn By Applicant | 1,897 | $529,534,000 | $279,000 | $2,700,000 | $118,000 | $2,555,000 |
| Application Denied By Financial Institution | 280 | $71,089,000 | $253,000 | $1,440,000 | $85,000 | $560,000 |
| Application Approved But Not Accepted | 95 | $24,035,000 | $253,000 | $1,026,000 | $102,000 | $606,000 |
| File Closed For Incompleteness | 48 | $15,159,000 | $315,000 | $1,400,000 | $132,000 | $447,000 |
| 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 85 | $23,665,000 | $278,000 | $1,440,000 | $69,000 | $230,000 |
| Collateral | 50 | $11,761,000 | $235,000 | $1,259,000 | $112,000 | $560,000 |
| Credit History | 42 | $9,821,000 | $233,000 | $712,000 | $83,000 | $169,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 18 | $3,600,000 | $200,000 | $440,000 | $72,000 | $240,000 |
| Other | 18 | $3,300,000 | $183,000 | $441,000 | $82,000 | $252,000 |
| Employment History | 14 | $3,201,000 | $228,000 | $388,000 | $71,000 | $132,000 |
| Unverifiable Information | 11 | $3,271,000 | $297,000 | $514,000 | $86,000 | $203,000 |
| Credit Application Incomplete | 5 | $1,692,000 | $338,000 | $589,000 | $81,000 | $199,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Residential Home Funding Corp.'s 2016 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 Home Funding Corp.'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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