Residential Home Funding Corp. Mortgage Lending & HMDA Data, 2019
In 2019, Residential Home Funding Corp. of White Plains, NY reported 2,746 mortgage applications totaling $782.3 million, down 24% from 2018. The average application was for $284,894, and applicants reported an average income of $109,230. 64% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Newark, NJ-PA (756), New York-Newark, NY (511) and New York-Jersey City-White Plains, NY-NJ (396) (applications in parentheses).
| 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 | 2,746 |
| Total Mortgage Loan Application Amount | $782,320,000 |
| Average Mortgage Loan Application Amount | $284,894 |
| Highest Mortgage Loan Application Amount | $2,105,000 |
| Average Applicant Income | $109,230 |
| Highest Applicant Income | $2,091,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Residential Home Funding Corp. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Newark, NJ-PA | 756 | $ 221,940,000 | $ 293,571 | $ 109,746 |
| New York-Newark, NY | 511 | $ 140,775,000 | $ 275,489 | $ 118,416 |
| New York-Jersey City-White Plains, NY-NJ | 396 | $ 155,570,000 | $ 392,853 | $ 124,000 |
| Nassau County-Suffolk County, NY | 165 | $ 58,745,000 | $ 356,030 | $ 124,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 85 | $ 15,615,000 | $ 183,705 | $ 81,788 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 71 | $ 24,215,000 | $ 341,056 | $ 125,352 |
| Atlanta-Sandy Springs-Roswell, GA | 70 | $ 14,460,000 | $ 206,571 | $ 76,000 |
| Baltimore-Columbia-Towson, MD | 67 | $ 15,055,000 | $ 224,701 | $ 85,000 |
| Orlando-Kissimmee-Sanford, FL | 65 | $ 14,905,000 | $ 229,307 | $ 82,000 |
| Outside any metro area | 62 | $ 10,920,000 | $ 176,129 | $ 95,693 |
| East Stroudsburg, PA | 43 | $ 6,275,000 | $ 145,930 | $ 74,000 |
| Pittsburgh, PA | 40 | $ 7,890,000 | $ 197,250 | $ 81,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 30 | $ 8,250,000 | $ 275,000 | $ 95,000 |
| Blacksburg-Christiansburg-Radford, VA | 23 | $ 3,975,000 | $ 172,826 | $ 79,000 |
| Kingston, NY | 22 | $ 4,830,000 | $ 219,545 | $ 113,000 |
| New Haven-Milford, CT | 22 | $ 5,790,000 | $ 263,181 | $ 108,000 |
| Camden, NJ | 21 | $ 3,835,000 | $ 182,619 | $ 69,000 |
| Bridgeport-Stamford-Norwalk, CT | 20 | $ 6,140,000 | $ 307,000 | $ 93,000 |
| Hartford-West Hartford-East Hartford, CT | 18 | $ 3,040,000 | $ 168,888 | $ 79,000 |
| Cape Coral-Fort Myers, FL | 17 | $ 3,695,000 | $ 217,352 | $ 103,000 |
| Tampa-St. Petersburg-Clearwater, FL | 17 | $ 3,335,000 | $ 196,176 | $ 88,000 |
| Montgomery County-Bucks County-Chester County, PA | 14 | $ 6,110,000 | $ 436,428 | $ 195,000 |
| Trenton, NJ | 14 | $ 3,320,000 | $ 237,142 | $ 232,000 |
| Jacksonville, FL | 13 | $ 3,355,000 | $ 258,076 | $ 104,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 13 | $ 3,025,000 | $ 232,692 | $ 73,000 |
| Naples-Immokalee-Marco Island, FL | 12 | $ 3,500,000 | $ 291,666 | $ 114,000 |
| Lakeland-Winter Haven, FL | 11 | $ 2,045,000 | $ 185,909 | $ 56,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 10 | $ 1,700,000 | $ 170,000 | $ 62,000 |
| Miami-Miami Beach-Kendall, FL | 9 | $ 2,195,000 | $ 243,888 | $ 93,000 |
| Philadelphia, PA | 9 | $ 1,735,000 | $ 192,777 | $ 106,000 |
| Washington-Baltimore-Arlington, DC | 7 | $ 2,785,000 | $ 397,857 | $ 84,000 |
| Albany-Schenectady-Troy, NY | 6 | $ 1,490,000 | $ 248,333 | $ 85,000 |
| Charleston-North Charleston, SC | 6 | $ 1,300,000 | $ 216,666 | $ 71,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 6 | $ 1,200,000 | $ 200,000 | $ 63,166 |
| North Port-Sarasota-Bradenton, FL | 6 | $ 1,580,000 | $ 263,333 | $ 118,000 |
| Richmond, VA | 6 | $ 1,330,000 | $ 221,666 | $ 101,000 |
| Rochester, NY | 6 | $ 790,000 | $ 131,666 | $ 237,000 |
| Charlotte-Concord-Gastonia, NC-SC | 5 | $ 1,095,000 | $ 219,000 | $ 122,000 |
| Hilton Head Island-Bluffton-Beaufort, SC | 4 | $ 980,000 | $ 245,000 | $ 62,000 |
| Houston-The Woodlands-Sugar Land, TX | 4 | $ 1,000,000 | $ 250,000 | $ 107,000 |
| Scranton--Wilkes-Barre--Hazleton, PA | 4 | $ 620,000 | $ 155,000 | $ 73,000 |
| Atlantic City-Hammonton, NJ | 3 | $ 985,000 | $ 328,333 | $ 220,000 |
| California-Lexington Park, MD | 3 | $ 775,000 | $ 258,333 | $ 113,000 |
| Greenville-Anderson-Mauldin, SC | 3 | $ 625,000 | $ 208,333 | $ 43,000 |
| Ocean City, NJ | 3 | $ 745,000 | $ 248,333 | $ 163,000 |
| Port St. Lucie, FL | 3 | $ 575,000 | $ 191,666 | $ 52,000 |
| Wilmington, DE-MD-NJ | 3 | $ 445,000 | $ 148,333 | $ 61,000 |
| Buffalo-Cheektowaga-Niagara Falls, NY | 2 | $ 360,000 | $ 180,000 | $ 57,000 |
| Columbia, SC | 2 | $ 270,000 | $ 135,000 | $ 50,000 |
| Crestview-Fort Walton Beach-Destin, FL | 2 | $ 530,000 | $ 265,000 | $ 107,000 |
| Dover, DE | 2 | $ 350,000 | $ 175,000 | $ 81,000 |
| Lancaster, PA | 2 | $ 470,000 | $ 235,000 | $ 100,000 |
| Palm Bay-Melbourne-Titusville, FL | 2 | $ 310,000 | $ 155,000 | $ 130,000 |
| Punta Gorda, FL | 2 | $ 320,000 | $ 160,000 | $ 51,000 |
| Sebastian-Vero Beach, FL | 2 | $ 290,000 | $ 145,000 | $ 96,000 |
| Syracuse, NY | 2 | $ 280,000 | $ 140,000 | $ 91,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 2 | $ 390,000 | $ 195,000 | $ 91,000 |
| Asheville, NC | 1 | $ 375,000 | $ 375,000 | $ 79,000 |
| Athens-Clarke County, GA | 1 | $ 185,000 | $ 185,000 | $ 105,000 |
| Augusta-Richmond County, GA-SC | 1 | $ 185,000 | $ 185,000 | $ 63,000 |
| Austin-Round Rock, TX | 1 | $ 365,000 | $ 365,000 | $ 153,000 |
| Chattanooga, TN-GA | 1 | $ 185,000 | $ 185,000 | $ 52,000 |
| Dallas-Plano-Irving, TX | 1 | $ 245,000 | $ 245,000 | $ 161,000 |
| Fayetteville, NC | 1 | $ 175,000 | $ 175,000 | $ 51,000 |
| Fort Worth-Arlington, TX | 1 | $ 235,000 | $ 235,000 | $ 131,000 |
| Gainesville, FL | 1 | $ 155,000 | $ 155,000 | $ 92,000 |
| Hagerstown-Martinsburg, MD-WV | 1 | $ 235,000 | $ 235,000 | $ 82,000 |
| Harrisburg-Carlisle, PA | 1 | $ 65,000 | $ 65,000 | $ 27,000 |
| Hickory-Lenoir-Morganton, NC | 1 | $ 75,000 | $ 75,000 | $ 71,000 |
| Lebanon, PA | 1 | $ 225,000 | $ 225,000 | $ 88,000 |
| New Bern, NC | 1 | $ 175,000 | $ 175,000 | $ 174,000 |
| Norwich-New London, CT | 1 | $ 215,000 | $ 215,000 | $ 109,000 |
| Raleigh, NC | 1 | $ 125,000 | $ 125,000 | $ 43,000 |
| Roanoke, VA | 1 | $ 75,000 | $ 75,000 | $ 36,000 |
| San Antonio-New Braunfels, TX | 1 | $ 235,000 | $ 235,000 | $ 60,000 |
| Spartanburg, SC | 1 | $ 125,000 | $ 125,000 | $ 43,000 |
| Vineland-Bridgeton, NJ | 1 | $ 155,000 | $ 155,000 | $ 40,000 |
| Waco, TX | 1 | $ 215,000 | $ 215,000 | $ 106,000 |
| Wilmington, NC | 1 | $ 165,000 | $ 165,000 | $ 66,000 |
Mortgage Loan Application Detail Totals for Residential Home Funding Corp. in 2019
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 | 1,990 | $544,070,000 | $273,000 | $1,765,000 | $104,000 | $2,091,000 |
| Refinancing | 756 | $238,250,000 | $315,000 | $2,105,000 | $123,000 | $1,828,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 0 | $0 | $0 | $0 | $0 | $0 |
| Cash-out Refinancing | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 | 1,570 | $444,300,000 | $282,000 | $2,105,000 | $118,000 | $2,091,000 |
| Hispanic | 541 | $153,375,000 | $283,000 | $1,485,000 | $88,000 | $503,000 |
| Black or African American | 423 | $114,095,000 | $269,000 | $1,045,000 | $91,000 | $1,828,000 |
| Asian | 138 | $49,920,000 | $361,000 | $1,455,000 | $135,000 | $1,210,000 |
| Not Provided | 65 | $18,385,000 | $282,000 | $565,000 | $105,000 | $320,000 |
| American Indian or Alaskan Native | 8 | $2,070,000 | $258,000 | $685,000 | $256,000 | $695,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $175,000 | $175,000 | $175,000 | $69,000 | $69,000 |
| 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) | 1,463 | $430,365,000 | $294,000 | $2,105,000 | $132,000 | $2,091,000 |
| FHA-insured (Federal Housing Administration) | 1,120 | $307,130,000 | $274,000 | $915,000 | $83,000 | $641,000 |
| VA-guaranteed (Veterans Administration) | 127 | $38,215,000 | $300,000 | $755,000 | $79,000 | $263,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 36 | $6,610,000 | $183,000 | $395,000 | $67,000 | $129,000 |
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 | 1,761 | $496,585,000 | $281,000 | $1,485,000 | $108,000 | $1,210,000 |
| Application Withdrawn By Applicant | 714 | $210,210,000 | $294,000 | $2,105,000 | $116,000 | $2,091,000 |
| Application Denied By Financial Institution | 142 | $36,770,000 | $258,000 | $1,345,000 | $86,000 | $458,000 |
| Application Approved But Not Accepted | 125 | $36,015,000 | $288,000 | $1,005,000 | $100,000 | $267,000 |
| File Closed For Incompleteness | 4 | $2,740,000 | $685,000 | $1,455,000 | $184,000 | $413,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 2,604 | $745,550,000 | $286,000 | $2,105,000 | $110,000 | $2,091,000 |
| Debt-To-Income Ratio | 40 | $12,200,000 | $305,000 | $1,345,000 | $86,000 | $458,000 |
| Credit History | 36 | $8,870,000 | $246,000 | $585,000 | $99,000 | $268,000 |
| Collateral | 22 | $4,870,000 | $221,000 | $445,000 | $87,000 | $328,000 |
| Other | 12 | $3,170,000 | $264,000 | $435,000 | $82,000 | $142,000 |
| Employment History | 12 | $2,690,000 | $224,000 | $515,000 | $69,000 | $260,000 |
| Unverifiable Information | 10 | $2,880,000 | $288,000 | $795,000 | $87,000 | $199,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 9 | $1,785,000 | $198,000 | $285,000 | $65,000 | $114,000 |
| Credit Application Incomplete | 1 | $305,000 | $305,000 | $305,000 | $66,000 | $66,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Residential Home Funding Corp.'s 2019 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.
For a list of all lenders in New York, 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