The Lending Partners, LLC Mortgage Lending & HMDA Data, 2017

In 2017, The Lending Partners, LLC of Plano, TX reported 2,184 mortgage applications totaling $616.7 million, down 14% from 2016. The average application was for $282,380, and applicants reported an average income of $133,846. 60% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Dallas-Plano-Irving, TX (1,238), Fort Worth-Arlington, TX (317) and San Diego-Carlsbad, CA (179) (applications in parentheses).

Mortgage Company & Address The Lending Partners, LLC
5560 Tennyson Parkway, Ste. 201
Plano, TX 75024
Tel #: available with data download
Federal Regulator * available with data download
Years 2018  2017  2016  2015  2014  2013  2012  
Total Number of Mortgage Applications 2,184
Total Mortgage Loan Application Amount $616,719,000
Average Mortgage Loan Application Amount $282,380
Highest Mortgage Loan Application Amount $2,660,000
Average Applicant Income $133,846
Highest Applicant Income $2,237,000

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records The Lending Partners, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for The Lending Partners, LLC in 2017

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 1,925 $552,663,000 $287,000 $2,660,000 $131,000 $2,237,000
Refinancing 259 $64,056,000 $247,000 $803,000 $155,000 $1,450,000
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 1,614 $454,922,000 $281,000 $2,660,000 $138,000 $2,237,000
Hispanic 198 $54,844,000 $276,000 $946,000 $110,000 $706,000
Asian 134 $40,419,000 $301,000 $938,000 $132,000 $482,000
Black or African American 113 $31,705,000 $280,000 $648,000 $119,000 $369,000
Not Provided 110 $30,128,000 $273,000 $1,100,000 $134,000 $440,000
American Indian or Alaskan Native 10 $2,425,000 $242,000 $424,000 $92,000 $167,000
Native Hawaiian or Other Pacific Islander 5 $2,276,000 $455,000 $640,000 $107,000 $178,000
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) 1,635 $456,623,000 $279,000 $2,660,000 $146,000 $2,237,000
FHA-insured (Federal Housing Administration) 333 $86,846,000 $260,000 $751,000 $91,000 $257,000
VA-guaranteed (Veterans Administration) 209 $72,028,000 $344,000 $1,164,000 $106,000 $482,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 7 $1,222,000 $174,000 $225,000 $61,000 $73,000

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 1,318 $339,302,000 $257,000 $1,455,000 $137,000 $1,583,000
Loan Purchased By The Institution 333 $139,278,000 $418,000 $2,660,000 $127,000 $2,237,000
Application Withdrawn By Applicant 281 $75,602,000 $269,000 $1,280,000 $147,000 $904,000
Preapproval Approved but not Accepted 192 $49,036,000 $255,000 $938,000 $107,000 $603,000
Application Approved But Not Accepted 30 $6,915,000 $230,000 $424,000 $99,000 $239,000
Application Denied By Financial Institution 23 $4,618,000 $200,000 $394,000 $91,000 $297,000
File Closed For Incompleteness 7 $1,968,000 $281,000 $512,000 $137,000 $301,000
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 7 $1,256,000 $179,000 $394,000 $60,000 $137,000
Collateral 5 $913,000 $182,000 $296,000 $90,000 $192,000
Other 5 $807,000 $161,000 $225,000 $85,000 $143,000
Credit History 3 $847,000 $282,000 $312,000 $76,000 $100,000
Insufficient Cash (Downpayment, Closing Cost) 2 $557,000 $278,000 $285,000 $251,000 $297,000
Employment History 1 $238,000 $238,000 $238,000 $82,000 $82,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into The Lending Partners, LLC's 2017 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 Lending Partners, 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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