The Bankers Guarantee Title & Trust Company Mortgage Lending & HMDA Data, 2016
In 2016, The Bankers Guarantee Title & Trust Company of Medina, OH reported 260 mortgage applications totaling $44.1 million, up 52% from 2015. The average application was for $169,711, and applicants reported an average income of $92,030. 92% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Cleveland-Elyria, OH (98), Toledo, OH (59) and Columbus, OH (35) (applications in parentheses).
| Mortgage Company & Address | The Bankers Guarantee Title & Trust Company 1113 Medina Road Suite # 400 Medina, OH 44256 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 260 |
| Total Mortgage Loan Application Amount | $44,125,000 |
| Average Mortgage Loan Application Amount | $169,711 |
| Highest Mortgage Loan Application Amount | $417,000 |
| Average Applicant Income | $92,030 |
| Highest Applicant Income | $604,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records The Bankers Guarantee Title & Trust Company filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Cleveland-Elyria, OH | 98 | $ 16,800,000 | $ 171,428 | $ 110,000 |
| Toledo, OH | 59 | $ 9,531,000 | $ 161,542 | $ 68,000 |
| Columbus, OH | 35 | $ 7,384,000 | $ 210,971 | $ 100,000 |
| Akron, OH | 25 | $ 4,192,000 | $ 167,680 | $ 88,000 |
| Canton-Massillon, OH | 8 | $ 1,270,000 | $ 158,750 | $ 105,000 |
| Cincinnati, OH-KY-IN | 3 | $ 515,000 | $ 171,666 | $ 90,000 |
| Dayton, OH | 2 | $ 188,000 | $ 94,000 | $ 90,000 |
Mortgage Loan Application Detail Totals for The Bankers Guarantee Title & Trust Company in 2016
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 | 173 | $27,875,000 | $161,000 | $409,000 | $84,000 | $604,000 |
| Refinancing | 87 | $16,250,000 | $186,000 | $417,000 | $108,000 | $512,000 |
| 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 | 249 | $42,579,000 | $171,000 | $417,000 | $93,000 | $604,000 |
| Hispanic | 6 | $756,000 | $126,000 | $297,000 | $76,000 | $143,000 |
| Black or African American | 4 | $654,000 | $163,000 | $400,000 | $61,000 | $134,000 |
| Asian | 1 | $136,000 | $136,000 | $136,000 | $56,000 | $56,000 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Native Hawaiin or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Not Provided | 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) | 229 | $40,097,000 | $175,000 | $417,000 | $97,000 | $604,000 |
| FHA-insured (Federal Housing Administration) | 31 | $4,028,000 | $129,000 | $271,000 | $55,000 | $105,000 |
| 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 Originated | 240 | $41,238,000 | $171,000 | $417,000 | $94,000 | $604,000 |
| Application Withdrawn By Applicant | 12 | $1,816,000 | $151,000 | $253,000 | $72,000 | $133,000 |
| Application Denied By Financial Institution | 6 | $619,000 | $103,000 | $184,000 | $53,000 | $94,000 |
| File Closed For Incompleteness | 2 | $452,000 | $226,000 | $364,000 | $97,000 | $175,000 |
| Application Approved But Not Accepted | 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 2 | $280,000 | $140,000 | $184,000 | $71,000 | $94,000 |
| Other | 1 | $90,000 | $90,000 | $90,000 | $0 | $0 |
| Credit History | 1 | $96,000 | $96,000 | $96,000 | $82,000 | $82,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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 The Bankers Guarantee Title & Trust Company's 2016 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 The Bankers Guarantee Title & Trust Company'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 Ohio, 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