Silvermine Ventures LLC Mortgage Lending & HMDA Data, 2015
In 2015, Silvermine Ventures LLC of Rye Brook, NY reported 98 mortgage applications totaling $33.8 million. The average application was for $344,918, and applicants reported an average income of $166,979. 63% of its applications resulted in an originated loan and 20% were denied. Its largest markets were New York-Jersey City-White Plains, NY-NJ (77), Dutchess County-Putnam County, NY (15) and Bridgeport-Stamford-Norwalk, CT (2) (applications in parentheses).
| Mortgage Company & Address | Silvermine Ventures LLC 800 Westchester Ave Rye Brook, NY 10573 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2020 2019 2018 2017 2016 2015 |
| Total Number of Mortgage Applications | 98 |
| Total Mortgage Loan Application Amount | $33,802,000 |
| Average Mortgage Loan Application Amount | $344,918 |
| Highest Mortgage Loan Application Amount | $975,000 |
| Average Applicant Income | $166,979 |
| Highest Applicant Income | $900,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Silvermine Ventures LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for Silvermine Ventures LLC in 2015
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 | 85 | $28,355,000 | $333,000 | $780,000 | $163,000 | $900,000 |
| Refinancing | 13 | $5,447,000 | $419,000 | $975,000 | $193,000 | $422,000 |
| 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 | 64 | $23,137,000 | $361,000 | $975,000 | $170,000 | $604,000 |
| Not Provided | 24 | $7,302,000 | $304,000 | $780,000 | $169,000 | $900,000 |
| Hispanic | 5 | $1,517,000 | $303,000 | $452,000 | $124,000 | $205,000 |
| Asian | 3 | $1,430,000 | $476,000 | $560,000 | $177,000 | $263,000 |
| Black or African American | 2 | $416,000 | $208,000 | $228,000 | $123,000 | $133,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 88 | $31,036,000 | $352,000 | $975,000 | $173,000 | $900,000 |
| FHA-insured (Federal Housing Administration) | 7 | $1,615,000 | $230,000 | $303,000 | $81,000 | $128,000 |
| VA-guaranteed (Veterans Administration) | 3 | $1,151,000 | $383,000 | $443,000 | $179,000 | $215,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 | 62 | $21,213,000 | $342,000 | $975,000 | $161,000 | $604,000 |
| Application Denied By Financial Institution | 20 | $5,904,000 | $295,000 | $704,000 | $154,000 | $900,000 |
| Application Withdrawn By Applicant | 14 | $5,695,000 | $406,000 | $688,000 | $203,000 | $498,000 |
| Preapproval Denied by Financial Institution | 2 | $990,000 | $495,000 | $560,000 | $214,000 | $278,000 |
| 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 |
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 Application Incomplete | 8 | $3,348,000 | $418,000 | $704,000 | $236,000 | $900,000 |
| Other | 4 | $580,000 | $145,000 | $247,000 | $96,000 | $188,000 |
| Collateral | 3 | $1,155,000 | $385,000 | $560,000 | $74,000 | $123,000 |
| Unverifiable Information | 2 | $299,000 | $149,000 | $214,000 | $132,000 | $211,000 |
| Credit History | 1 | $430,000 | $430,000 | $430,000 | $278,000 | $278,000 |
| 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 Silvermine Ventures LLC's 2015 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 Silvermine Ventures 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 New York, 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