Stockton Turner LLC Mortgage Lending & HMDA Data, 2008

In 2008, Stockton Turner LLC of Maitland, FL reported 518 mortgage applications totaling $96.8 million, down 28% from 2007. The average application was for $186,899, and applicants reported an average income of $73,457. 86% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Orlando-Kissimmee, FL (109), Charleston-North Charleston-Summerville, SC (32) and Providence-New Bedford-Fall River, RI-MA (31) (applications in parentheses).

Mortgage Company & Address Stockton Turner LLC
2250 Lucien Way #140
Maitland, FL 32751
Tel #: available with data download
Federal Regulator * available with data download
Years 2008  2007  2006  2005  2004  
Total Number of Mortgage Applications 518
Total Mortgage Loan Application Amount $96,814,000
Average Mortgage Loan Application Amount $186,899
Highest Mortgage Loan Application Amount $1,071,000
Average Applicant Income $73,457
Highest Applicant Income $470,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Stockton Turner LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Stockton Turner LLC by Metropolitan Area in 2008

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Orlando-Kissimmee, FL 109 $ 21,291,000 $ 195,330 $ 73,000
Charleston-North Charleston-Summerville, SC 32 $ 5,987,000 $ 187,093 $ 75,000
Providence-New Bedford-Fall River, RI-MA 31 $ 6,031,000 $ 194,548 $ 75,580
Naples-Marco Island, FL 22 $ 4,634,000 $ 210,636 $ 75,000
Tampa-St. Petersburg-Clearwater, FL 22 $ 3,668,000 $ 166,727 $ 60,000
Boston-Quincy, MA 20 $ 4,390,000 $ 219,500 $ 76,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 20 $ 4,524,000 $ 226,200 $ 105,000
Greenville, NC 17 $ 2,083,000 $ 122,529 $ 56,000
Deltona-Daytona Beach-Ormond Beach, FL 16 $ 2,521,000 $ 157,562 $ 53,000
Bradenton-Sarasota-Venice, FL 15 $ 2,609,000 $ 173,933 $ 80,000
Cambridge-Newton-Framingham, MA 15 $ 3,934,000 $ 262,266 $ 93,000
Miami-Miami Beach-Kendall, FL 15 $ 3,425,000 $ 228,333 $ 61,000
Worcester, MA 15 $ 3,457,000 $ 230,466 $ 113,000
Jacksonville, FL 14 $ 2,435,000 $ 173,928 $ 57,000
Columbia, SC 13 $ 2,032,000 $ 156,307 $ 68,000
Raleigh-Cary, NC 13 $ 1,917,000 $ 147,461 $ 50,000
Lakeland-Winter Haven, FL 11 $ 1,310,000 $ 119,090 $ 48,000
Hagerstown-Martinsburg, MD-WV 6 $ 1,233,000 $ 205,500 $ 84,000
Palm Bay-Melbourne-Titusville, FL 6 $ 823,000 $ 137,166 $ 69,000
Atlanta-Sandy Springs-Marietta, GA 5 $ 1,254,000 $ 250,800 $ 99,000
Augusta-Richmond County, GA-SC 4 $ 677,000 $ 169,250 $ 115,000
Greensboro-High Point, NC 4 $ 399,000 $ 99,750 $ 47,000
Myrtle Beach-North Myrtle Beach-Conway, SC 4 $ 531,000 $ 132,750 $ 50,000
Peabody, MA 4 $ 917,000 $ 229,250 $ 83,000
Austin-Round Rock, TX 3 $ 773,000 $ 257,666 $ 118,000
Florence, SC 3 $ 245,000 $ 81,666 $ 39,000
Knoxville, TN 3 $ 831,000 $ 277,000 $ 79,000
Ocala, FL 3 $ 280,000 $ 93,333 $ 62,000
Sebastian-Vero Beach, FL 3 $ 482,000 $ 160,666 $ 52,000
Cape Coral-Fort Myers, FL 2 $ 467,000 $ 233,500 $ 84,000
Durham, NC 2 $ 418,000 $ 209,000 $ 80,000
Gainesville, FL 2 $ 357,000 $ 178,500 $ 106,000
Port St. Lucie, FL 2 $ 195,000 $ 97,500 $ 44,000
Springfield, MA 2 $ 274,000 $ 137,000 $ 48,000
Tallahassee, FL 2 $ 264,000 $ 132,000 $ 149,000
Baltimore-Towson, MD 1 $ 504,000 $ 504,000 $ 114,000
Bethesda-Frederick-Gaithersburg, MD 1 $ 140,000 $ 140,000 $ 38,000
Burlington, NC 1 $ 140,000 $ 140,000 $ 38,000
Charlotte-Gastonia-Concord, NC-SC 1 $ 122,000 $ 122,000 $ 80,000
Chattanooga, TN-GA 1 $ 152,000 $ 152,000 $ 74,000
Greenville-Mauldin-Easley, SC 1 $ 156,000 $ 156,000 $ 156,000
Hartford-West Hartford-East Hartford, CT 1 $ 171,000 $ 171,000 $ 112,000
Indianapolis-Carmel, IN 1 $ 103,000 $ 103,000 $ 177,000
Memphis, TN-MS-AR 1 $ 61,000 $ 61,000 $ 28,000
Montgomery, AL 1 $ 171,000 $ 171,000 $ 123,000
Morristown, TN 1 $ 400,000 $ 400,000 $ 102,000
New Haven-Milford, CT 1 $ 264,000 $ 264,000 $ 121,000
Pensacola-Ferry Pass-Brent, FL 1 $ 271,000 $ 271,000 $ 116,000
Philadelphia, PA 1 $ 173,000 $ 173,000 $ 36,000
Pittsfield, MA 1 $ 252,000 $ 252,000 $ 64,000
Punta Gorda, FL 1 $ 85,000 $ 85,000 $ 52,000
Rocky Mount, NC 1 $ 69,000 $ 69,000 $ 70,000
Spartanburg, SC 1 $ 96,000 $ 96,000 $ 73,000
St. Louis, MO-IL 1 $ 119,000 $ 119,000 $ 78,000
Sumter, SC 1 $ 69,000 $ 69,000 $ 32,000
Warner Robins, GA 1 $ 115,000 $ 115,000 $ 82,000
Winston-Salem, NC 1 $ 242,000 $ 242,000 $ 80,000

Mortgage Loan Application Detail Totals for Stockton Turner LLC in 2008

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 281 $49,262,000 $175,000 $661,000 $73,000 $309,000
Refinancing 237 $47,552,000 $200,000 $1,071,000 $74,000 $470,000
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 361 $70,694,000 $195,000 $1,071,000 $79,000 $470,000
Hispanic 68 $11,882,000 $174,000 $381,000 $66,000 $274,000
Black or African American 42 $5,817,000 $138,000 $301,000 $54,000 $137,000
Not Provided 40 $7,309,000 $182,000 $365,000 $64,000 $200,000
Asian 7 $1,112,000 $158,000 $285,000 $58,000 $96,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
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
FHA-insured (Federal Housing Administration) 287 $51,437,000 $179,000 $560,000 $64,000 $215,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 207 $40,267,000 $194,000 $1,071,000 $87,000 $470,000
VA-guaranteed (Veterans Administration) 22 $4,770,000 $216,000 $661,000 $75,000 $309,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $340,000 $170,000 $186,000 $47,000 $51,000

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 443 $83,709,000 $188,000 $1,071,000 $76,000 $470,000
Application Withdrawn By Applicant 54 $9,654,000 $178,000 $408,000 $54,000 $150,000
Application Denied By Financial Institution 21 $3,451,000 $164,000 $409,000 $69,000 $167,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
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
Credit History 6 $842,000 $140,000 $300,000 $50,000 $65,000
Other 5 $879,000 $175,000 $321,000 $88,000 $167,000
Unverifiable Information 5 $1,036,000 $207,000 $409,000 $94,000 $153,000
Collateral 4 $584,000 $146,000 $228,000 $50,000 $66,000
Credit Application Incomplete 1 $110,000 $110,000 $110,000 $42,000 $42,000
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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Stockton Turner LLC's 2008 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 Stockton Turner 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.
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