Secured Investment Corp Mortgage Lending & HMDA Data, 2018

In 2018, Secured Investment Corp of Coeur D'alene, ID reported 1,104 mortgage applications totaling $122.6 million. The average application was for $111,005, and applicants reported an average income of $0. 17% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Chicago-Naperville-Arlington Heights, IL (44), Philadelphia, PA (26) and St. Louis, MO-IL (26) (applications in parentheses).

Mortgage Company & Address Secured Investment Corp
701 E Front Ave
Coeur D'alene, ID 83814
Tel #: available with data download
Federal Regulator * available with data download
Years 2024  2023  2022  2021  2020  2019  2018  
Total Number of Mortgage Applications 1,104
Total Mortgage Loan Application Amount $122,550,000
Average Mortgage Loan Application Amount $111,005
Highest Mortgage Loan Application Amount $5,005,000
Average Applicant Income $0
Highest Applicant Income $0

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(HMDA) records Secured Investment Corp filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for Secured Investment Corp in 2018

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 848 $103,660,000 $122,000 $5,005,000 $0 $0
Cash-out Refinancing 238 $17,530,000 $73,000 $1,005,000 $0 $0
Refinancing 15 $1,235,000 $82,000 $165,000 $0 $0
Home Improvement 3 $125,000 $41,000 $55,000 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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
Not applicable 1,104 $122,550,000 $111,000 $5,005,000 $0 $0
Not Provided 0 $0 $0 $0 $0 $0
White 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 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) 1,104 $122,550,000 $111,000 $5,005,000 $0 $0
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
File Closed For Incompleteness 562 $54,290,000 $96,000 $2,605,000 $0 $0
Application Withdrawn By Applicant 307 $37,145,000 $120,000 $585,000 $0 $0
Loan Originated 187 $26,125,000 $139,000 $5,005,000 $0 $0
Application Approved But Not Accepted 31 $2,965,000 $95,000 $255,000 $0 $0
Application Denied By Financial Institution 17 $2,025,000 $119,000 $335,000 $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
Not applicable 1,087 $120,525,000 $110,000 $5,005,000 $0 $0
Other 11 $1,385,000 $125,000 $335,000 $0 $0
Unverifiable Information 2 $100,000 $50,000 $55,000 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 2 $180,000 $90,000 $115,000 $0 $0
Credit Application Incomplete 1 $165,000 $165,000 $165,000 $0 $0
Credit History 1 $195,000 $195,000 $195,000 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Secured Investment Corp's 2018 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 Secured Investment 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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