Resmac, Inc. Mortgage Lending & HMDA Data, 2014

In 2014, Resmac, Inc. of Boca Raton, FL reported 3,819 mortgage applications totaling $777.1 million, down 3% from 2013. The average application was for $203,475, and applicants reported an average income of $87,721. 66% of its applications resulted in an originated loan and 17% were denied. Its largest markets were Orlando-Kissimmee-Sanford, FL (501), Charleston-North Charleston, SC (399) and New York-Jersey City-White Plains, NY-NJ (269) (applications in parentheses).

Mortgage Company & Address Resmac, Inc.
5400 Broken Sound Blvd #600
Boca Raton, FL 33487
Tel #: available with data download
Federal Regulator * available with data download
Years 2019  2017  2016  2015  2014  2013  2012  
Total Number of Mortgage Applications 3,819
Total Mortgage Loan Application Amount $777,074,000
Average Mortgage Loan Application Amount $203,475
Highest Mortgage Loan Application Amount $1,150,000
Average Applicant Income $87,721
Highest Applicant Income $3,129,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Resmac, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Resmac, Inc. by County in 2014

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Broward, Florida 249 $ 48,389,000 $ 194,333 $ 81,000
Volusia, Florida 244 $ 33,896,000 $ 138,918 $ 72,000
Palm Beach, Florida 231 $ 49,308,000 $ 213,454 $ 120,000
Orange, Florida 219 $ 36,572,000 $ 166,995 $ 68,000
Brevard, Florida 206 $ 33,556,000 $ 162,893 $ 82,000
Alachua, Florida 196 $ 31,692,000 $ 161,693 $ 90,000
Dorchester, South Carolina 154 $ 26,849,000 $ 174,344 $ 66,000
Berkeley, South Carolina 142 $ 23,140,000 $ 162,957 $ 67,000
Duval, Florida 137 $ 23,375,000 $ 170,620 $ 87,000
Seminole, Florida 122 $ 20,960,000 $ 171,803 $ 74,000
Osceola, Florida 106 $ 18,023,000 $ 170,028 $ 62,000
Charleston, South Carolina 103 $ 19,745,000 $ 191,699 $ 82,000
Miami-Dade, Florida 96 $ 16,928,000 $ 176,333 $ 83,000
Wake, North Carolina 72 $ 16,120,000 $ 223,888 $ 88,000
Nassau, New York 67 $ 22,173,000 $ 330,940 $ 140,000
Queens, New York 64 $ 25,371,000 $ 396,421 $ 106,000
St. Johns, Florida 62 $ 16,269,000 $ 262,403 $ 115,000
Moore, North Carolina 61 $ 13,280,000 $ 217,704 $ 99,000
Suffolk, New York 56 $ 16,619,000 $ 296,767 $ 126,000
Lake, Florida 54 $ 8,480,000 $ 157,037 $ 66,000
Kings, New York 53 $ 23,820,000 $ 449,433 $ 120,000
Polk, Florida 51 $ 6,432,000 $ 126,117 $ 56,000
Clay, Florida 48 $ 8,596,000 $ 179,083 $ 80,000
Pinellas, Florida 42 $ 7,384,000 $ 175,809 $ 95,000
Fairfax, Virginia 39 $ 13,405,000 $ 343,717 $ 98,000
Hillsborough, Florida 35 $ 6,093,000 $ 174,085 $ 87,000
Westchester, New York 33 $ 11,889,000 $ 360,272 $ 164,000
Richmond, New York 31 $ 10,834,000 $ 349,483 $ 92,000
Lee, Florida 27 $ 5,080,000 $ 188,148 $ 112,000
Pasco, Florida 24 $ 3,224,000 $ 134,333 $ 66,000
Prince George's, Maryland 24 $ 6,799,000 $ 283,291 $ 87,000
Bergen, New Jersey 24 $ 8,620,000 $ 359,166 $ 107,000
Tulare, California 23 $ 5,170,000 $ 224,782 $ 149,000
Prince William, Virginia 23 $ 7,847,000 $ 341,173 $ 89,000
Flagler, Florida 20 $ 3,142,000 $ 157,100 $ 58,000
Loudoun, Virginia 19 $ 6,690,000 $ 352,105 $ 111,000
Baltimore, Maryland 18 $ 3,720,000 $ 206,666 $ 70,000
Harris, Texas 17 $ 3,347,000 $ 196,882 $ 79,000
St. Lucie, Florida 16 $ 2,099,000 $ 131,187 $ 72,000
Essex, New Jersey 16 $ 4,151,000 $ 259,437 $ 80,000
Middlesex, New Jersey 16 $ 5,502,000 $ 343,875 $ 125,000
Union, New Jersey 16 $ 4,115,000 $ 257,187 $ 94,000
Marion, Florida 15 $ 1,548,000 $ 103,200 $ 56,000
Hartford, Connecticut 14 $ 2,304,000 $ 164,571 $ 66,000
Cook, Illinois 14 $ 2,506,000 $ 179,000 $ 83,000
Wakulla, Florida 13 $ 1,865,000 $ 143,461 $ 41,000
Plymouth, Massachusetts 12 $ 2,749,000 $ 229,083 $ 70,000
Bronx, New York 12 $ 4,293,000 $ 357,750 $ 87,000
Johnston, North Carolina 12 $ 1,921,000 $ 160,083 $ 67,000
Anne Arundel, Maryland 10 $ 2,485,000 $ 248,500 $ 89,000
Baltimore City, Maryland 10 $ 1,706,000 $ 170,600 $ 98,000
Harford, Maryland 10 $ 2,405,000 $ 240,500 $ 99,000
Howard, Maryland 10 $ 4,260,000 $ 426,000 $ 94,000
Passaic, New Jersey 10 $ 2,635,000 $ 263,500 $ 96,000
Edgefield, South Carolina 10 $ 1,441,000 $ 144,100 $ 60,000
Monmouth, New Jersey 9 $ 2,409,000 $ 267,666 $ 127,000
Durham, North Carolina 9 $ 1,522,000 $ 169,111 $ 71,000
Spartanburg, South Carolina 9 $ 1,342,000 $ 149,111 $ 76,000
Leon, Florida 8 $ 1,164,000 $ 145,500 $ 53,000
Levy, Florida 8 $ 874,000 $ 109,250 $ 56,000
Nassau, Florida 8 $ 1,155,000 $ 144,375 $ 78,000
Montgomery, Maryland 8 $ 2,640,000 $ 330,000 $ 56,000
Middlesex, Massachusetts 8 $ 2,836,000 $ 354,500 $ 145,000
Suffolk, Massachusetts 8 $ 2,392,000 $ 299,000 $ 121,000
Morris, New Jersey 8 $ 1,910,000 $ 238,750 $ 97,000
Granville, North Carolina 8 $ 1,815,000 $ 226,875 $ 87,000
Aiken, South Carolina 8 $ 1,219,000 $ 152,375 $ 45,000
Charlotte, Florida 7 $ 995,000 $ 142,142 $ 82,000
Martin, Florida 7 $ 1,163,000 $ 166,142 $ 86,000
Bristol, Massachusetts 7 $ 1,854,000 $ 264,857 $ 109,000
Sussex, New Jersey 7 $ 1,386,000 $ 198,000 $ 91,000
Indian River, Florida 6 $ 1,377,000 $ 229,500 $ 77,000
Monroe, Florida 6 $ 2,424,000 $ 404,000 $ 188,000
Hudson, New Jersey 6 $ 1,546,000 $ 257,666 $ 85,000
Orange, New York 6 $ 1,602,000 $ 267,000 $ 85,000
Franklin, North Carolina 6 $ 1,089,000 $ 181,500 $ 65,000
Mecklenburg, North Carolina 6 $ 1,614,000 $ 269,000 $ 97,000
Los Angeles, California 5 $ 1,440,000 $ 288,000 $ 83,000
Fairfield, Connecticut 5 $ 1,053,000 $ 210,600 $ 100,000
Columbia, Florida 5 $ 721,000 $ 144,200 $ 64,000
Gilchrist, Florida 5 $ 785,000 $ 157,000 $ 67,000
Manatee, Florida 5 $ 1,021,000 $ 204,200 $ 202,000
Cobb, Georgia 5 $ 876,000 $ 175,200 $ 73,000
Forsyth, Georgia 5 $ 1,157,000 $ 231,400 $ 102,000
Dutchess, New York 5 $ 1,235,000 $ 247,000 $ 105,000
Orange, North Carolina 5 $ 737,000 $ 147,400 $ 45,000
Collier, Florida 4 $ 694,000 $ 173,500 $ 97,000
Putnam, Florida 4 $ 601,000 $ 150,250 $ 124,000
Sumter, Florida 4 $ 771,000 $ 192,750 $ 67,000
DeKalb, Georgia 4 $ 658,000 $ 164,500 $ 55,000
Norfolk, Massachusetts 4 $ 1,181,000 $ 295,250 $ 82,000
Somerset, New Jersey 4 $ 1,115,000 $ 278,750 $ 86,000
Rockland, New York 4 $ 1,244,000 $ 311,000 $ 121,000
Greenville, South Carolina 4 $ 497,000 $ 124,250 $ 77,000
Laurens, South Carolina 4 $ 417,000 $ 104,250 $ 59,000
Orange, California 3 $ 1,005,000 $ 335,000 $ 101,000
New Haven, Connecticut 3 $ 480,000 $ 160,000 $ 53,000
Citrus, Florida 3 $ 322,000 $ 107,333 $ 55,000
Hernando, Florida 3 $ 294,000 $ 98,000 $ 38,000
Sarasota, Florida 3 $ 495,000 $ 165,000 $ 72,000
Suwannee, Florida 3 $ 350,000 $ 116,666 $ 28,000
Walton, Florida 3 $ 379,000 $ 126,333 $ 46,000
Worcester, Massachusetts 3 $ 611,000 $ 203,666 $ 60,000
Alamance, North Carolina 3 $ 539,000 $ 179,666 $ 116,000
Harnett, North Carolina 3 $ 279,000 $ 93,000 $ 58,000
Montgomery, Pennsylvania 3 $ 786,000 $ 262,000 $ 102,000
Colleton, South Carolina 3 $ 335,000 $ 111,666 $ 40,000
Tarrant, Texas 3 $ 352,000 $ 117,333 $ 98,000
Manassas, Virginia 3 $ 460,000 $ 153,333 $ 38,000
Stafford, Virginia 3 $ 880,000 $ 293,333 $ 85,000
Alameda, California 2 $ 403,000 $ 201,500 $ 45,000
Gadsden, Florida 2 $ 252,000 $ 126,000 $ 50,000
Madison, Florida 2 $ 359,000 $ 179,500 $ 114,000
Fulton, Georgia 2 $ 307,000 $ 153,500 $ 60,000
Gwinnett, Georgia 2 $ 405,000 $ 202,500 $ 154,000
Hall, Georgia 2 $ 581,000 $ 290,500 $ 140,000
Screven, Georgia 2 $ 482,000 $ 241,000 $ 48,000
DuPage, Illinois 2 $ 520,000 $ 260,000 $ 194,000
Carroll, Maryland 2 $ 717,000 $ 358,500 $ 75,000
Charles, Maryland 2 $ 414,000 $ 207,000 $ 73,000
Queen Anne's, Maryland 2 $ 366,000 $ 183,000 $ 225,000
Washington, Maryland 2 $ 238,000 $ 119,000 $ 34,000
Hampden, Massachusetts 2 $ 426,000 $ 213,000 $ 45,000
Atlantic, New Jersey 2 $ 503,000 $ 251,500 $ 60,000
Burlington, New Jersey 2 $ 261,000 $ 130,500 $ 60,000
Putnam, New York 2 $ 431,000 $ 215,500 $ 132,000
Cabarrus, North Carolina 2 $ 296,000 $ 148,000 $ 73,000
Carteret, North Carolina 2 $ 315,000 $ 157,500 $ 131,000
Cumberland, North Carolina 2 $ 297,000 $ 148,500 $ 18,000
Horry, South Carolina 2 $ 331,000 $ 165,500 $ 95,000
Lexington, South Carolina 2 $ 199,000 $ 99,500 $ 47,000
Arlington, Virginia 2 $ 1,584,000 $ 792,000 $ 571,000
Chesapeake, Virginia 2 $ 750,000 $ 375,000 $ 110,000
Virginia Beach, Virginia 2 $ 282,000 $ 141,000 $ 84,000
Baldwin, Alabama 1 $ 279,000 $ 279,000 $ 74,000
Mobile, Alabama 1 $ 242,000 $ 242,000 $ 59,000
Montgomery, Alabama 1 $ 170,000 $ 170,000 $ 62,000
Madera, California 1 $ 162,000 $ 162,000 $ 89,000
Sacramento, California 1 $ 432,000 $ 432,000 $ 233,000
San Mateo, California 1 $ 404,000 $ 404,000 $ 119,000
Solano, California 1 $ 240,000 $ 240,000 $ 67,000
Sonoma, California 1 $ 688,000 $ 688,000 $ 382,000
Tolland, Connecticut 1 $ 169,000 $ 169,000 $ 44,000
Bradford, Florida 1 $ 194,000 $ 194,000 $ 61,000
Dixie, Florida 1 $ 56,000 $ 56,000 $ 22,000
Escambia, Florida 1 $ 205,000 $ 205,000 $ 251,000
Taylor, Florida 1 $ 69,000 $ 69,000 $ 46,000
Union, Florida 1 $ 46,000 $ 46,000 $ 51,000
Barrow, Georgia 1 $ 158,000 $ 158,000 $ 46,000
Clarke, Georgia 1 $ 139,000 $ 139,000 $ 62,000
Clayton, Georgia 1 $ 133,000 $ 133,000 $ 0
Walton, Georgia 1 $ 161,000 $ 161,000 $ 67,000
DeKalb, Illinois 1 $ 193,000 $ 193,000 $ 64,000
Kane, Illinois 1 $ 65,000 $ 65,000 $ 60,000
Kendall, Illinois 1 $ 156,000 $ 156,000 $ 86,000
Ogle, Illinois 1 $ 145,000 $ 145,000 $ 585,000
Will, Illinois 1 $ 108,000 $ 108,000 $ 65,000
Livingston, Louisiana 1 $ 178,000 $ 178,000 $ 50,000
Cumberland, Maine 1 $ 113,000 $ 113,000 $ 50,000
Hancock, Maine 1 $ 133,000 $ 133,000 $ 38,000
Oxford, Maine 1 $ 132,000 $ 132,000 $ 196,000
York, Maine 1 $ 168,000 $ 168,000 $ 53,000
Frederick, Maryland 1 $ 332,000 $ 332,000 $ 113,000
Worcester, Maryland 1 $ 168,000 $ 168,000 $ 185,000
Essex, Massachusetts 1 $ 231,000 $ 231,000 $ 79,000
Franklin, Massachusetts 1 $ 228,000 $ 228,000 $ 85,000
Strafford, New Hampshire 1 $ 156,000 $ 156,000 $ 70,000
Gloucester, New Jersey 1 $ 217,000 $ 217,000 $ 46,000
Mercer, New Jersey 1 $ 290,000 $ 290,000 $ 240,000
Ocean, New Jersey 1 $ 253,000 $ 253,000 $ 122,000
Salem, New Jersey 1 $ 353,000 $ 353,000 $ 96,000
Warren, New Jersey 1 $ 366,000 $ 366,000 $ 296,000
Fulton, New York 1 $ 120,000 $ 120,000 $ 81,000
Jefferson, New York 1 $ 130,000 $ 130,000 $ 50,000
Lewis, New York 1 $ 157,000 $ 157,000 $ 77,000
Sullivan, New York 1 $ 180,000 $ 180,000 $ 920,000
Avery, North Carolina 1 $ 873,000 $ 873,000 $ 249,000
Buncombe, North Carolina 1 $ 84,000 $ 84,000 $ 172,000
Caldwell, North Carolina 1 $ 330,000 $ 330,000 $ 709,000
Craven, North Carolina 1 $ 93,000 $ 93,000 $ 97,000
Haywood, North Carolina 1 $ 162,000 $ 162,000 $ 40,000
Hoke, North Carolina 1 $ 174,000 $ 174,000 $ 55,000
Nash, North Carolina 1 $ 114,000 $ 114,000 $ 64,000
New Hanover, North Carolina 1 $ 124,000 $ 124,000 $ 140,000
Onslow, North Carolina 1 $ 177,000 $ 177,000 $ 118,000
Polk, North Carolina 1 $ 108,000 $ 108,000 $ 173,000
Scotland, North Carolina 1 $ 248,000 $ 248,000 $ 58,000
Stanly, North Carolina 1 $ 313,000 $ 313,000 $ 70,000
Allegheny, Pennsylvania 1 $ 153,000 $ 153,000 $ 123,000
Delaware, Pennsylvania 1 $ 339,000 $ 339,000 $ 93,000
Kent, Rhode Island 1 $ 159,000 $ 159,000 $ 33,000
Providence, Rhode Island 1 $ 111,000 $ 111,000 $ 37,000
Washington, Rhode Island 1 $ 172,000 $ 172,000 $ 53,000
Bamberg, South Carolina 1 $ 80,000 $ 80,000 $ 46,000
Barnwell, South Carolina 1 $ 133,000 $ 133,000 $ 48,000
Beaufort, South Carolina 1 $ 256,000 $ 256,000 $ 111,000
Greenwood, South Carolina 1 $ 110,000 $ 110,000 $ 126,000
Lancaster, South Carolina 1 $ 155,000 $ 155,000 $ 54,000
Orangeburg, South Carolina 1 $ 145,000 $ 145,000 $ 42,000
Richland, South Carolina 1 $ 176,000 $ 176,000 $ 69,000
York, South Carolina 1 $ 184,000 $ 184,000 $ 69,000
Denton, Texas 1 $ 214,000 $ 214,000 $ 59,000
Kaufman, Texas 1 $ 207,000 $ 207,000 $ 0
Waller, Texas 1 $ 98,000 $ 98,000 $ 67,000
Alexandria, Virginia 1 $ 626,000 $ 626,000 $ 183,000
Fauquier, Virginia 1 $ 145,000 $ 145,000 $ 25,000
Richmond City, Virginia 1 $ 325,000 $ 325,000 $ 241,000
Winchester, Virginia 1 $ 328,000 $ 328,000 $ 61,000

Mortgage Loan Application Detail Totals for Resmac, Inc. in 2014

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 3,102 $604,859,000 $194,000 $1,150,000 $85,000 $3,129,000
Refinancing 707 $170,956,000 $241,000 $873,000 $100,000 $722,000
Home Improvement 10 $1,259,000 $125,000 $261,000 $64,000 $140,000

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 2,414 $488,671,000 $202,000 $1,150,000 $94,000 $3,129,000
Hispanic 650 $120,127,000 $184,000 $636,000 $69,000 $494,000
Black or African American 370 $74,990,000 $202,000 $744,000 $70,000 $627,000
Asian 263 $65,185,000 $247,000 $635,000 $89,000 $830,000
Not Provided 97 $22,966,000 $236,000 $626,000 $104,000 $700,000
Native Hawaiian or Other Pacific Islander 15 $2,941,000 $196,000 $454,000 $87,000 $193,000
American Indian or Alaskan Native 10 $2,194,000 $219,000 $449,000 $76,000 $138,000
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) 2,139 $457,968,000 $214,000 $1,150,000 $106,000 $3,129,000
FHA-insured (Federal Housing Administration) 1,162 $216,909,000 $186,000 $815,000 $63,000 $597,000
VA-guaranteed (Veterans Administration) 383 $81,533,000 $212,000 $775,000 $72,000 $241,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 135 $20,664,000 $153,000 $286,000 $50,000 $103,000

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 2,518 $507,247,000 $201,000 $1,150,000 $86,000 $1,151,000
Application Denied By Financial Institution 640 $142,584,000 $222,000 $963,000 $94,000 $3,129,000
Application Withdrawn By Applicant 609 $117,222,000 $192,000 $626,000 $86,000 $1,807,000
Application Approved But Not Accepted 52 $10,021,000 $192,000 $625,000 $83,000 $597,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
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
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 Resmac, Inc.'s 2014 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 Resmac, 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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