Specialized Loan Servicing LLC Mortgage Lending & HMDA Data, 2022

In 2022, Specialized Loan Servicing LLC of Wilmington, DE reported 482 mortgage applications totaling $99.6 million, down 57% from 2021. The average application was for $206,659, and applicants reported an average income of $85,819. 2% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Warren-Troy-Farmington Hills, MI (116), Detroit-Dearborn-Livonia, MI (51) and Houston-The Woodlands-Sugar Land, TX (48) (applications in parentheses).

Mortgage Company & Address Specialized Loan Servicing LLC
6200 S Quebec St
Wilmington, DE 80111
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  
Total Number of Mortgage Applications 482
Total Mortgage Loan Application Amount $99,610,000
Average Mortgage Loan Application Amount $206,659
Highest Mortgage Loan Application Amount $785,000
Average Applicant Income $85,819
Highest Applicant Income $150,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Specialized Loan Servicing LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Specialized Loan Servicing LLC by County in 2022

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Oakland, Michigan 56 $ 12,100,000 $ 216,071 $ 0
Wayne, Michigan 51 $ 7,895,000 $ 154,803 $ 0
Macomb, Michigan 50 $ 7,590,000 $ 151,800 $ 0
Harris, Texas 37 $ 6,105,000 $ 165,000 $ 0
Dallas, Texas 25 $ 6,575,000 $ 263,000 $ 0
Jackson, Michigan 16 $ 1,900,000 $ 118,750 $ 0
Muskegon, Michigan 13 $ 1,745,000 $ 134,230 $ 0
Kent, Michigan 12 $ 1,670,000 $ 139,166 $ 0
Los Angeles, California 11 $ 4,365,000 $ 396,818 $ 0
Travis, Texas 10 $ 2,650,000 $ 265,000 $ 0
Collin, Texas 9 $ 2,885,000 $ 320,555 $ 0
Kalamazoo, Michigan 8 $ 1,180,000 $ 147,500 $ 0
Kerr, Texas 8 $ 1,210,000 $ 151,250 $ 0
Tarrant, Texas 8 $ 1,800,000 $ 225,000 $ 0
Livingston, Michigan 7 $ 1,735,000 $ 247,857 $ 0
Washtenaw, Michigan 7 $ 925,000 $ 132,142 $ 0
San Bernardino, California 6 $ 1,470,000 $ 245,000 $ 0
Fort Bend, Texas 6 $ 1,240,000 $ 206,666 $ 0
Santa Clara, California 5 $ 1,795,000 $ 359,000 $ 0
Palm Beach, Florida 5 $ 2,105,000 $ 421,000 $ 0
Ingham, Michigan 5 $ 825,000 $ 165,000 $ 0
Ottawa, Michigan 5 $ 555,000 $ 111,000 $ 0
Denton, Texas 5 $ 945,000 $ 189,000 $ 0
Montgomery, Texas 5 $ 1,055,000 $ 211,000 $ 0
Monterey, California 4 $ 1,290,000 $ 322,500 $ 0
San Diego, California 4 $ 1,000,000 $ 250,000 $ 0
Calhoun, Michigan 4 $ 300,000 $ 75,000 $ 0
Genesee, Michigan 4 $ 840,000 $ 210,000 $ 0
Maricopa, Arizona 3 $ 515,000 $ 171,666 $ 92,000
Alameda, California 3 $ 1,125,000 $ 375,000 $ 0
Orange, California 3 $ 1,325,000 $ 441,666 $ 0
Benzie, Michigan 3 $ 755,000 $ 251,666 $ 0
Hillsdale, Michigan 3 $ 325,000 $ 108,333 $ 0
Lenawee, Michigan 3 $ 415,000 $ 138,333 $ 0
Shiawassee, Michigan 3 $ 445,000 $ 148,333 $ 0
St. Clair, Michigan 3 $ 575,000 $ 191,666 $ 0
Riverside, California 2 $ 540,000 $ 270,000 $ 0
San Mateo, California 2 $ 750,000 $ 375,000 $ 0
Solano, California 2 $ 590,000 $ 295,000 $ 0
Broward, Florida 2 $ 720,000 $ 360,000 $ 0
Pinellas, Florida 2 $ 520,000 $ 260,000 $ 0
Allegan, Michigan 2 $ 240,000 $ 120,000 $ 0
Bexar, Texas 2 $ 270,000 $ 135,000 $ 0
Randall, Texas 2 $ 320,000 $ 160,000 $ 0
Yavapai, Arizona 1 $ 245,000 $ 245,000 $ 0
Yuma, Arizona 1 $ 95,000 $ 95,000 $ 0
Contra Costa, California 1 $ 455,000 $ 455,000 $ 0
El Dorado, California 1 $ 395,000 $ 395,000 $ 92,000
Humboldt, California 1 $ 305,000 $ 305,000 $ 0
Sacramento, California 1 $ 335,000 $ 335,000 $ 0
San Benito, California 1 $ 175,000 $ 175,000 $ 0
San Joaquin, California 1 $ 415,000 $ 415,000 $ 0
Santa Cruz, California 1 $ 235,000 $ 235,000 $ 0
Stanislaus, California 1 $ 215,000 $ 215,000 $ 0
Sutter, California 1 $ 215,000 $ 215,000 $ 0
Fairfield, Connecticut 1 $ 235,000 $ 235,000 $ 104,000
Charlotte, Florida 1 $ 125,000 $ 125,000 $ 0
Collier, Florida 1 $ 205,000 $ 205,000 $ 0
Miami-Dade, Florida 1 $ 375,000 $ 375,000 $ 0
Pasco, Florida 1 $ 265,000 $ 265,000 $ 80,000
Polk, Florida 1 $ 185,000 $ 185,000 $ 0
Sarasota, Florida 1 $ 145,000 $ 145,000 $ 0
Sumter, Florida 1 $ 645,000 $ 645,000 $ 0
Jackson, Indiana 1 $ 135,000 $ 135,000 $ 86,000
Lawrence, Indiana 1 $ 115,000 $ 115,000 $ 40,000
Prince George's, Maryland 1 $ 255,000 $ 255,000 $ 85,000
Alger, Michigan 1 $ 165,000 $ 165,000 $ 0
Barry, Michigan 1 $ 285,000 $ 285,000 $ 0
Cheboygan, Michigan 1 $ 145,000 $ 145,000 $ 0
Emmet, Michigan 1 $ 515,000 $ 515,000 $ 0
Gladwin, Michigan 1 $ 105,000 $ 105,000 $ 0
Grand Traverse, Michigan 1 $ 215,000 $ 215,000 $ 0
Iron, Michigan 1 $ 95,000 $ 95,000 $ 0
Midland, Michigan 1 $ 65,000 $ 65,000 $ 0
Monroe, Michigan 1 $ 135,000 $ 135,000 $ 0
Otsego, Michigan 1 $ 225,000 $ 225,000 $ 0
Presque Isle, Michigan 1 $ 305,000 $ 305,000 $ 0
St. Joseph, Michigan 1 $ 415,000 $ 415,000 $ 0
Chisago, Minnesota 1 $ 165,000 $ 165,000 $ 93,000
Hennepin, Minnesota 1 $ 195,000 $ 195,000 $ 0
Harrison, Mississippi 1 $ 205,000 $ 205,000 $ 94,000
Douglas, Nevada 1 $ 295,000 $ 295,000 $ 0
Merrimack, New Hampshire 1 $ 255,000 $ 255,000 $ 89,000
Essex, New Jersey 1 $ 255,000 $ 255,000 $ 69,000
Hunterdon, New Jersey 1 $ 335,000 $ 335,000 $ 150,000
Wake, North Carolina 1 $ 355,000 $ 355,000 $ 0
Chester, Pennsylvania 1 $ 635,000 $ 635,000 $ 0
Montgomery, Pennsylvania 1 $ 185,000 $ 185,000 $ 107,000
Bradley, Tennessee 1 $ 475,000 $ 475,000 $ 0
Bastrop, Texas 1 $ 75,000 $ 75,000 $ 0
Comal, Texas 1 $ 155,000 $ 155,000 $ 0
Ellis, Texas 1 $ 175,000 $ 175,000 $ 0
Gillespie, Texas 1 $ 205,000 $ 205,000 $ 0
Grayson, Texas 1 $ 295,000 $ 295,000 $ 0
Henderson, Texas 1 $ 255,000 $ 255,000 $ 0
Kaufman, Texas 1 $ 205,000 $ 205,000 $ 0
Lubbock, Texas 1 $ 215,000 $ 215,000 $ 0
Rockwall, Texas 1 $ 225,000 $ 225,000 $ 0
Upshur, Texas 1 $ 345,000 $ 345,000 $ 0
Arlington, Virginia 1 $ 485,000 $ 485,000 $ 0

Mortgage Loan Application Detail Totals for Specialized Loan Servicing LLC in 2022

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
Cash-out Refinancing 173 $36,245,000 $209,000 $645,000 $97,000 $150,000
Home Purchase 151 $34,535,000 $228,000 $785,000 $0 $0
Refinancing 115 $21,075,000 $183,000 $635,000 $69,000 $107,000
Other Purpose 33 $6,455,000 $195,000 $515,000 $0 $0
Home Improvement 10 $1,300,000 $130,000 $255,000 $0 $0
Not Applicable 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 467 $96,225,000 $206,000 $785,000 $0 $0
White 9 $1,705,000 $189,000 $265,000 $75,000 $107,000
Black or African American 2 $570,000 $285,000 $335,000 $127,000 $150,000
Hispanic 1 $205,000 $205,000 $205,000 $0 $0
Native Hawaiian or Other Pacific Islander 1 $255,000 $255,000 $255,000 $85,000 $85,000
American Indian or Alaskan Native 1 $255,000 $255,000 $255,000 $69,000 $69,000
Not Provided 1 $395,000 $395,000 $395,000 $92,000 $92,000
Asian 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) 462 $94,970,000 $205,000 $785,000 $0 $0
FHA-insured (Federal Housing Administration) 20 $4,640,000 $232,000 $395,000 $78,000 $150,000
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
Loan Purchased By The Institution 467 $96,225,000 $206,000 $785,000 $0 $0
Loan Originated 8 $1,950,000 $243,000 $395,000 $77,000 $150,000
Application Denied By Financial Institution 5 $1,185,000 $237,000 $265,000 $87,000 $107,000
Application Withdrawn By Applicant 1 $115,000 $115,000 $115,000 $40,000 $40,000
File Closed For Incompleteness 1 $135,000 $135,000 $135,000 $86,000 $86,000
Application Approved But Not Accepted 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 477 $98,425,000 $206,000 $785,000 $74,000 $150,000
Credit History 5 $1,185,000 $237,000 $265,000 $87,000 $107,000
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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Specialized Loan Servicing LLC's 2022 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 Specialized Loan Servicing LLC'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 Delaware, download the full spreadsheet with aggregated HMDA statistics today.

Download the Delaware Lender List