Total Quality Financial Inc Mortgage Lending & HMDA Data, 2024

In 2024, Total Quality Financial Inc of Carmel, IN reported 458 mortgage applications totaling $133.4 million, up 21% from 2023. The average application was for $291,353, and applicants reported an average income of $189,777. 48% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Indianapolis-Carmel-Anderson, IN (82), Charlotte-Concord-Gastonia, NC-SC (13) and Cleveland, OH (12) (applications in parentheses).

Mortgage Company & Address Total Quality Financial Inc

Carmel, IN 46032
Tel #: available with data download
Federal Regulator * available with data download
Years 2024  2023  2022  2021  
Total Number of Mortgage Applications 458
Total Mortgage Loan Application Amount $133,440,000
Average Mortgage Loan Application Amount $291,353
Highest Mortgage Loan Application Amount $3,315,000
Average Applicant Income $189,777
Highest Applicant Income $3,559,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Total Quality Financial Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Total Quality Financial Inc by County in 2024

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Marion, Indiana 49 $ 8,425,000 $ 171,938 $ 145,000
Hamilton, Indiana 15 $ 5,325,000 $ 355,000 $ 147,000
Cuyahoga, Ohio 11 $ 1,565,000 $ 142,272 $ 132,000
Orange, California 8 $ 5,210,000 $ 651,250 $ 345,000
Broward, Florida 8 $ 3,530,000 $ 441,250 $ 212,000
Chatham, Georgia 8 $ 2,820,000 $ 352,500 $ 155,000
Mecklenburg, North Carolina 8 $ 1,630,000 $ 203,750 $ 208,000
Los Angeles, California 7 $ 7,335,000 $ 1,047,857 $ 260,000
McLennan, Texas 7 $ 895,000 $ 127,857 $ 918,000
Lake, Indiana 6 $ 990,000 $ 165,000 $ 85,000
Madison, Indiana 6 $ 670,000 $ 111,666 $ 232,000
Riverside, California 5 $ 2,225,000 $ 445,000 $ 87,000
Sumter, Florida 5 $ 1,515,000 $ 303,000 $ 116,000
Hamilton, Ohio 5 $ 1,215,000 $ 243,000 $ 230,000
Jefferson, Alabama 4 $ 390,000 $ 97,500 $ 47,000
Madison, Alabama 4 $ 1,200,000 $ 300,000 $ 49,000
Mobile, Alabama 4 $ 340,000 $ 85,000 $ 99,000
Maricopa, Arizona 4 $ 3,670,000 $ 917,500 $ 761,000
Manatee, Florida 4 $ 1,920,000 $ 480,000 $ 144,000
Hancock, Indiana 4 $ 700,000 $ 175,000 $ 76,000
Wayne, Michigan 4 $ 550,000 $ 137,500 $ 61,000
Guilford, North Carolina 4 $ 760,000 $ 190,000 $ 158,000
Franklin, Ohio 4 $ 970,000 $ 242,500 $ 155,000
Tulsa, Oklahoma 4 $ 460,000 $ 115,000 $ 55,000
Davidson, Tennessee 4 $ 1,210,000 $ 302,500 $ 168,000
Dallas, Texas 4 $ 1,380,000 $ 345,000 $ 216,000
Roanoke City, Virginia 4 $ 890,000 $ 222,500 $ 102,000
San Diego, California 3 $ 1,445,000 $ 481,666 $ 145,000
Brevard, Florida 3 $ 555,000 $ 185,000 $ 174,000
Duval, Florida 3 $ 355,000 $ 118,333 $ 247,000
Palm Beach, Florida 3 $ 735,000 $ 245,000 $ 114,000
Bibb, Georgia 3 $ 585,000 $ 195,000 $ 136,000
Effingham, Georgia 3 $ 825,000 $ 275,000 $ 123,000
Fulton, Georgia 3 $ 745,000 $ 248,333 $ 173,000
Richmond, Georgia 3 $ 485,000 $ 161,666 $ 30,000
Johnson, Indiana 3 $ 735,000 $ 245,000 $ 221,000
Buncombe, North Carolina 3 $ 1,275,000 $ 425,000 $ 64,000
Dare, North Carolina 3 $ 1,435,000 $ 478,333 $ 140,000
Henderson, North Carolina 3 $ 1,325,000 $ 441,666 $ 325,000
Summit, Ohio 3 $ 635,000 $ 211,666 $ 53,000
Charleston, South Carolina 3 $ 1,575,000 $ 525,000 $ 1,048,000
Lexington, South Carolina 3 $ 545,000 $ 181,666 $ 72,000
Denton, Texas 3 $ 795,000 $ 265,000 $ 119,000
Tarrant, Texas 3 $ 905,000 $ 301,666 $ 145,000
Norfolk, Virginia 3 $ 815,000 $ 271,666 $ 134,000
Richmond City, Virginia 3 $ 435,000 $ 145,000 $ 152,000
Baldwin, Alabama 2 $ 650,000 $ 325,000 $ 315,000
Escambia, Alabama 2 $ 170,000 $ 85,000 $ 49,000
Sacramento, California 2 $ 910,000 $ 455,000 $ 115,000
El Paso, Colorado 2 $ 1,390,000 $ 695,000 $ 31,000
Larimer, Colorado 2 $ 490,000 $ 245,000 $ 93,000
Naugatuck Valley Planning Region, Connecticut 2 $ 520,000 $ 260,000 $ 122,000
Charlotte, Florida 2 $ 360,000 $ 180,000 $ 134,000
Columbia, Florida 2 $ 180,000 $ 90,000 $ 319,000
Flagler, Florida 2 $ 1,200,000 $ 600,000 $ 244,000
Hillsborough, Florida 2 $ 600,000 $ 300,000 $ 178,000
Lee, Florida 2 $ 800,000 $ 400,000 $ 247,000
Marion, Florida 2 $ 410,000 $ 205,000 $ 74,000
Osceola, Florida 2 $ 790,000 $ 395,000 $ 225,000
Pinellas, Florida 2 $ 1,080,000 $ 540,000 $ 427,000
Houston, Georgia 2 $ 430,000 $ 215,000 $ 109,000
Muscogee, Georgia 2 $ 410,000 $ 205,000 $ 235,000
Upson, Georgia 2 $ 210,000 $ 105,000 $ 90,000
Kane, Illinois 2 $ 290,000 $ 145,000 $ 30,000
Allen, Indiana 2 $ 160,000 $ 80,000 $ 87,000
Grant, Indiana 2 $ 320,000 $ 160,000 $ 47,000
Morgan, Indiana 2 $ 300,000 $ 150,000 $ 54,000
Shelby, Indiana 2 $ 360,000 $ 180,000 $ 171,000
Vigo, Indiana 2 $ 300,000 $ 150,000 $ 286,000
Macomb, Michigan 2 $ 150,000 $ 75,000 $ 65,000
Manistee, Michigan 2 $ 410,000 $ 205,000 $ 276,000
Cabarrus, North Carolina 2 $ 450,000 $ 225,000 $ 66,000
Harnett, North Carolina 2 $ 760,000 $ 380,000 $ 199,000
Iredell, North Carolina 2 $ 430,000 $ 215,000 $ 213,000
Wyandot, Ohio 2 $ 250,000 $ 125,000 $ 280,000
Oklahoma, Oklahoma 2 $ 470,000 $ 235,000 $ 224,000
Greenville, South Carolina 2 $ 450,000 $ 225,000 $ 286,000
Laurens, South Carolina 2 $ 310,000 $ 155,000 $ 610,000
Hamilton, Tennessee 2 $ 380,000 $ 190,000 $ 306,000
Maury, Tennessee 2 $ 510,000 $ 255,000 $ 2,000
Sevier, Tennessee 2 $ 1,840,000 $ 920,000 $ 86,000
Bexar, Texas 2 $ 1,090,000 $ 545,000 $ 206,000
Collin, Texas 2 $ 850,000 $ 425,000 $ 0
Williamson, Texas 2 $ 620,000 $ 310,000 $ 230,000
Danville, Virginia 2 $ 200,000 $ 100,000 $ 139,000
Fairfax, Virginia 2 $ 3,890,000 $ 1,945,000 $ 533,000
Newport News, Virginia 2 $ 320,000 $ 160,000 $ 106,000
Lauderdale, Alabama 1 $ 145,000 $ 145,000 $ 2,000
Montgomery, Alabama 1 $ 125,000 $ 125,000 $ 99,000
Tuscaloosa, Alabama 1 $ 175,000 $ 175,000 $ 148,000
Pinal, Arizona 1 $ 235,000 $ 235,000 $ 120,000
Alameda, California 1 $ 255,000 $ 255,000 $ 3,000
San Bernardino, California 1 $ 255,000 $ 255,000 $ 190,000
Santa Clara, California 1 $ 585,000 $ 585,000 $ 380,000
Jefferson, Colorado 1 $ 1,055,000 $ 1,055,000 $ 3,559,000
Teller, Colorado 1 $ 425,000 $ 425,000 $ 0
Greater Bridgeport Planning Region, Connecticut 1 $ 1,355,000 $ 1,355,000 $ 899,000
South Central Connecticut Planning Region, Connecticut 1 $ 265,000 $ 265,000 $ 252,000
Citrus, Florida 1 $ 345,000 $ 345,000 $ 175,000
Escambia, Florida 1 $ 545,000 $ 545,000 $ 135,000
Indian River, Florida 1 $ 345,000 $ 345,000 $ 155,000
Lafayette, Florida 1 $ 325,000 $ 325,000 $ 337,000
Martin, Florida 1 $ 755,000 $ 755,000 $ 356,000
Monroe, Florida 1 $ 945,000 $ 945,000 $ 0
Nassau, Florida 1 $ 385,000 $ 385,000 $ 300,000
Sarasota, Florida 1 $ 265,000 $ 265,000 $ 142,000
St. Lucie, Florida 1 $ 255,000 $ 255,000 $ 116,000
Volusia, Florida 1 $ 525,000 $ 525,000 $ 110,000
Baldwin, Georgia 1 $ 145,000 $ 145,000 $ 127,000
Bryan, Georgia 1 $ 215,000 $ 215,000 $ 317,000
Cobb, Georgia 1 $ 425,000 $ 425,000 $ 190,000
DeKalb, Georgia 1 $ 225,000 $ 225,000 $ 32,000
Fannin, Georgia 1 $ 235,000 $ 235,000 $ 5,000
Henry, Georgia 1 $ 395,000 $ 395,000 $ 148,000
Rockdale, Georgia 1 $ 185,000 $ 185,000 $ 190,000
Maui, Hawaii 1 $ 105,000 $ 105,000 $ 834,000
Bonneville, Idaho 1 $ 225,000 $ 225,000 $ 132,000
Elmore, Idaho 1 $ 255,000 $ 255,000 $ 0
Kootenai, Idaho 1 $ 435,000 $ 435,000 $ 0
Cook, Illinois 1 $ 235,000 $ 235,000 $ 55,000
Sangamon, Illinois 1 $ 35,000 $ 35,000 $ 10,000
Winnebago, Illinois 1 $ 65,000 $ 65,000 $ 99,000
Cass, Indiana 1 $ 115,000 $ 115,000 $ 13,000
Delaware, Indiana 1 $ 135,000 $ 135,000 $ 118,000
Dubois, Indiana 1 $ 115,000 $ 115,000 $ 180,000
Elkhart, Indiana 1 $ 155,000 $ 155,000 $ 106,000
Floyd, Indiana 1 $ 105,000 $ 105,000 $ 227,000
Fountain, Indiana 1 $ 115,000 $ 115,000 $ 48,000
Hendricks, Indiana 1 $ 345,000 $ 345,000 $ 257,000
Henry, Indiana 1 $ 95,000 $ 95,000 $ 121,000
Steuben, Indiana 1 $ 195,000 $ 195,000 $ 71,000
Polk, Iowa 1 $ 255,000 $ 255,000 $ 159,000
Dukes, Massachusetts 1 $ 1,245,000 $ 1,245,000 $ 69,000
Suffolk, Massachusetts 1 $ 385,000 $ 385,000 $ 0
Calhoun, Michigan 1 $ 115,000 $ 115,000 $ 123,000
Crawford, Michigan 1 $ 225,000 $ 225,000 $ 99,000
Genesee, Michigan 1 $ 85,000 $ 85,000 $ 149,000
Houghton, Michigan 1 $ 355,000 $ 355,000 $ 44,000
Ingham, Michigan 1 $ 245,000 $ 245,000 $ 234,000
Muskegon, Michigan 1 $ 155,000 $ 155,000 $ 56,000
Otsego, Michigan 1 $ 135,000 $ 135,000 $ 3,000
Saginaw, Michigan 1 $ 245,000 $ 245,000 $ 140,000
Washtenaw, Michigan 1 $ 225,000 $ 225,000 $ 0
Hennepin, Minnesota 1 $ 215,000 $ 215,000 $ 282,000
Clay, Missouri 1 $ 225,000 $ 225,000 $ 89,000
Bernalillo, New Mexico 1 $ 335,000 $ 335,000 $ 0
Beaufort, North Carolina 1 $ 75,000 $ 75,000 $ 9,000
Carteret, North Carolina 1 $ 235,000 $ 235,000 $ 208,000
Cumberland, North Carolina 1 $ 95,000 $ 95,000 $ 81,000
Durham, North Carolina 1 $ 165,000 $ 165,000 $ 239,000
Forsyth, North Carolina 1 $ 125,000 $ 125,000 $ 50,000
Lenoir, North Carolina 1 $ 95,000 $ 95,000 $ 15,000
Northampton, North Carolina 1 $ 565,000 $ 565,000 $ 491,000
Rowan, North Carolina 1 $ 175,000 $ 175,000 $ 362,000
Wake, North Carolina 1 $ 215,000 $ 215,000 $ 75,000
Clinton, Ohio 1 $ 415,000 $ 415,000 $ 148,000
Hocking, Ohio 1 $ 385,000 $ 385,000 $ 258,000
Lorain, Ohio 1 $ 75,000 $ 75,000 $ 11,000
Mahoning, Ohio 1 $ 155,000 $ 155,000 $ 120,000
Montgomery, Ohio 1 $ 245,000 $ 245,000 $ 159,000
Stark, Ohio 1 $ 75,000 $ 75,000 $ 0
Comanche, Oklahoma 1 $ 95,000 $ 95,000 $ 166,000
Garfield, Oklahoma 1 $ 65,000 $ 65,000 $ 41,000
Marion, Oregon 1 $ 615,000 $ 615,000 $ 29,000
Union, Oregon 1 $ 285,000 $ 285,000 $ 133,000
Anderson, South Carolina 1 $ 425,000 $ 425,000 $ 0
Cherokee, South Carolina 1 $ 345,000 $ 345,000 $ 85,000
Horry, South Carolina 1 $ 275,000 $ 275,000 $ 92,000
Oconee, South Carolina 1 $ 255,000 $ 255,000 $ 396,000
Richland, South Carolina 1 $ 135,000 $ 135,000 $ 131,000
Bradley, Tennessee 1 $ 165,000 $ 165,000 $ 1,000
Cheatham, Tennessee 1 $ 205,000 $ 205,000 $ 54,000
Coffee, Tennessee 1 $ 125,000 $ 125,000 $ 64,000
Hickman, Tennessee 1 $ 225,000 $ 225,000 $ 82,000
Marion, Tennessee 1 $ 235,000 $ 235,000 $ 0
Meigs, Tennessee 1 $ 425,000 $ 425,000 $ 66,000
Shelby, Tennessee 1 $ 125,000 $ 125,000 $ 280,000
Bowie, Texas 1 $ 125,000 $ 125,000 $ 99,000
Brazos, Texas 1 $ 195,000 $ 195,000 $ 51,000
Comal, Texas 1 $ 225,000 $ 225,000 $ 70,000
Fayette, Texas 1 $ 165,000 $ 165,000 $ 296,000
Fort Bend, Texas 1 $ 335,000 $ 335,000 $ 128,000
Grayson, Texas 1 $ 195,000 $ 195,000 $ 270,000
Hardin, Texas 1 $ 135,000 $ 135,000 $ 43,000
Harris, Texas 1 $ 205,000 $ 205,000 $ 66,000
Lubbock, Texas 1 $ 225,000 $ 225,000 $ 219,000
Montgomery, Texas 1 $ 245,000 $ 245,000 $ 0
Potter, Texas 1 $ 105,000 $ 105,000 $ 7,000
Travis, Texas 1 $ 435,000 $ 435,000 $ 285,000
Webb, Texas 1 $ 135,000 $ 135,000 $ 89,000
Alexandria, Virginia 1 $ 675,000 $ 675,000 $ 142,000
Dinwiddie, Virginia 1 $ 145,000 $ 145,000 $ 1,000
Patrick, Virginia 1 $ 155,000 $ 155,000 $ 120,000
Portsmouth, Virginia 1 $ 335,000 $ 335,000 $ 0
Rockingham, Virginia 1 $ 335,000 $ 335,000 $ 12,000
Stafford, Virginia 1 $ 775,000 $ 775,000 $ 217,000
Suffolk, Virginia 1 $ 225,000 $ 225,000 $ 2,146,000
Virginia Beach, Virginia 1 $ 795,000 $ 795,000 $ 476,000
Cowlitz, Washington 1 $ 485,000 $ 485,000 $ 88,000
Lewis, Washington 1 $ 495,000 $ 495,000 $ 447,000
Milwaukee, Wisconsin 1 $ 225,000 $ 225,000 $ 158,000

Mortgage Loan Application Detail Totals for Total Quality Financial Inc in 2024

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 325 $97,385,000 $299,000 $1,715,000 $177,000 $3,559,000
Cash-out Refinancing 83 $19,535,000 $235,000 $1,495,000 $279,000 $2,199,000
Refinancing 47 $15,865,000 $337,000 $3,315,000 $127,000 $877,000
Home Improvement 3 $655,000 $218,000 $245,000 $89,000 $116,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 159 $46,965,000 $295,000 $1,595,000 $264,000 $3,559,000
Not Provided 129 $38,645,000 $299,000 $1,715,000 $159,000 $1,300,000
Hispanic 69 $19,095,000 $276,000 $825,000 $103,000 $556,000
Asian 53 $14,105,000 $266,000 $905,000 $206,000 $2,146,000
Black or African American 47 $14,135,000 $300,000 $3,315,000 $125,000 $877,000
American Indian or Alaskan Native 1 $495,000 $495,000 $495,000 $447,000 $447,000
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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 403 $113,395,000 $281,000 $3,315,000 $202,000 $3,559,000
FHA-insured (Federal Housing Administration) 47 $15,375,000 $327,000 $785,000 $88,000 $257,000
VA-guaranteed (Veterans Administration) 8 $4,670,000 $583,000 $955,000 $152,000 $294,000
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 221 $60,925,000 $275,000 $1,595,000 $195,000 $2,199,000
Application Withdrawn By Applicant 211 $65,435,000 $310,000 $3,315,000 $196,000 $3,559,000
Application Denied By Financial Institution 25 $6,935,000 $277,000 $955,000 $97,000 $447,000
File Closed For Incompleteness 1 $145,000 $145,000 $145,000 $53,000 $53,000
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
Not applicable 433 $126,505,000 $292,000 $3,315,000 $195,000 $3,559,000
Other 11 $2,495,000 $226,000 $495,000 $117,000 $447,000
Credit History 6 $2,490,000 $415,000 $955,000 $102,000 $294,000
Collateral 3 $945,000 $315,000 $425,000 $63,000 $107,000
Debt-To-Income Ratio 2 $410,000 $205,000 $265,000 $65,000 $74,000
Insufficient Cash (Downpayment, Closing Cost) 2 $320,000 $160,000 $235,000 $71,000 $97,000
Unverifiable Information 1 $275,000 $275,000 $275,000 $78,000 $78,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Total Quality Financial Inc's 2024 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 Total Quality Financial Inc'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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