Total Quality Financial Inc Mortgage Lending & HMDA Data, 2022

In 2022, Total Quality Financial Inc of Carmel, IN reported 813 mortgage applications totaling $327.7 million, up 177% from 2021. The average application was for $403,130, and applicants reported an average income of $137,842. 43% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Riverside-San Bernardino-Ontario, CA (153), Anaheim-Santa Ana-Irvine, CA (106) and Las Vegas-Henderson-Paradise, NV (57) (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 813
Total Mortgage Loan Application Amount $327,745,000
Average Mortgage Loan Application Amount $403,130
Highest Mortgage Loan Application Amount $1,785,000
Average Applicant Income $137,842
Highest Applicant Income $3,220,000

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records Total Quality Financial Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2022

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Orange, California 106 $ 62,340,000 $ 588,113 $ 182,000
Riverside, California 99 $ 43,125,000 $ 435,606 $ 127,000
Clark, Nevada 57 $ 21,265,000 $ 373,070 $ 126,000
Los Angeles, California 54 $ 26,370,000 $ 488,333 $ 128,000
San Bernardino, California 54 $ 19,370,000 $ 358,703 $ 113,000
San Diego, California 20 $ 13,130,000 $ 656,500 $ 157,000
Maricopa, Arizona 15 $ 5,695,000 $ 379,666 $ 170,000
Davidson, Tennessee 12 $ 4,980,000 $ 415,000 $ 183,000
Sacramento, California 11 $ 3,225,000 $ 293,181 $ 77,000
Washoe, Nevada 10 $ 3,640,000 $ 364,000 $ 138,000
Hamilton, Indiana 9 $ 3,935,000 $ 437,222 $ 220,000
Harris, Texas 8 $ 1,340,000 $ 167,500 $ 73,000
Cook, Illinois 6 $ 1,520,000 $ 253,333 $ 89,000
Philadelphia, Pennsylvania 6 $ 1,500,000 $ 250,000 $ 82,000
Williamson, Tennessee 6 $ 4,070,000 $ 678,333 $ 479,000
King, Washington 6 $ 2,220,000 $ 370,000 $ 107,000
Yavapai, Arizona 5 $ 1,675,000 $ 335,000 $ 123,000
Fresno, California 5 $ 1,745,000 $ 349,000 $ 136,000
Santa Clara, California 5 $ 3,855,000 $ 771,000 $ 222,000
Contra Costa, California 4 $ 1,750,000 $ 437,500 $ 118,000
Ventura, California 4 $ 2,500,000 $ 625,000 $ 147,000
Broward, Florida 4 $ 1,310,000 $ 327,500 $ 77,000
Miami-Dade, Florida 4 $ 1,680,000 $ 420,000 $ 156,000
Washington, Oregon 4 $ 1,880,000 $ 470,000 $ 216,000
Rutherford, Tennessee 4 $ 1,960,000 $ 490,000 $ 121,000
Bexar, Texas 4 $ 1,500,000 $ 375,000 $ 132,000
Montgomery, Texas 4 $ 1,280,000 $ 320,000 $ 91,000
Nueces, Texas 4 $ 500,000 $ 125,000 $ 141,000
Smith, Texas 4 $ 740,000 $ 185,000 $ 108,000
Tarrant, Texas 4 $ 1,550,000 $ 387,500 $ 124,000
Kern, California 3 $ 1,055,000 $ 351,666 $ 119,000
San Joaquin, California 3 $ 1,415,000 $ 471,666 $ 111,000
Tulare, California 3 $ 1,205,000 $ 401,666 $ 111,000
Adams, Colorado 3 $ 1,305,000 $ 435,000 $ 71,000
Brevard, Florida 3 $ 855,000 $ 285,000 $ 98,000
Hillsborough, Florida 3 $ 825,000 $ 275,000 $ 69,000
Palm Beach, Florida 3 $ 645,000 $ 215,000 $ 130,000
Pinellas, Florida 3 $ 855,000 $ 285,000 $ 92,000
Polk, Florida 3 $ 1,445,000 $ 481,666 $ 165,000
Cobb, Georgia 3 $ 895,000 $ 298,333 $ 81,000
Kootenai, Idaho 3 $ 1,155,000 $ 385,000 $ 93,000
Nye, Nevada 3 $ 775,000 $ 258,333 $ 73,000
Cuyahoga, Ohio 3 $ 485,000 $ 161,666 $ 150,000
Allegheny, Pennsylvania 3 $ 1,105,000 $ 368,333 $ 159,000
Charleston, South Carolina 3 $ 1,425,000 $ 475,000 $ 186,000
Lexington, South Carolina 3 $ 1,165,000 $ 388,333 $ 80,000
Montgomery, Tennessee 3 $ 385,000 $ 128,333 $ 182,000
Shelby, Tennessee 3 $ 915,000 $ 305,000 $ 135,000
Fort Bend, Texas 3 $ 985,000 $ 328,333 $ 171,000
Spokane, Washington 3 $ 875,000 $ 291,666 $ 66,000
Mohave, Arizona 2 $ 820,000 $ 410,000 $ 168,000
Napa, California 2 $ 1,890,000 $ 945,000 $ 171,000
San Mateo, California 2 $ 310,000 $ 155,000 $ 324,000
Santa Barbara, California 2 $ 1,030,000 $ 515,000 $ 109,000
Arapahoe, Colorado 2 $ 870,000 $ 435,000 $ 121,000
Douglas, Colorado 2 $ 670,000 $ 335,000 $ 103,000
El Paso, Colorado 2 $ 800,000 $ 400,000 $ 74,000
Jefferson, Colorado 2 $ 870,000 $ 435,000 $ 64,000
Leon, Florida 2 $ 270,000 $ 135,000 $ 120,000
Santa Rosa, Florida 2 $ 570,000 $ 285,000 $ 60,000
Fulton, Georgia 2 $ 780,000 $ 390,000 $ 87,000
Gwinnett, Georgia 2 $ 620,000 $ 310,000 $ 50,000
Walton, Georgia 2 $ 940,000 $ 470,000 $ 163,000
DuPage, Illinois 2 $ 770,000 $ 385,000 $ 143,000
Hennepin, Minnesota 2 $ 730,000 $ 365,000 $ 104,000
Johnston, North Carolina 2 $ 440,000 $ 220,000 $ 74,000
Mecklenburg, North Carolina 2 $ 380,000 $ 190,000 $ 70,000
Lane, Oregon 2 $ 520,000 $ 260,000 $ 62,000
Horry, South Carolina 2 $ 290,000 $ 145,000 $ 39,000
Spartanburg, South Carolina 2 $ 380,000 $ 190,000 $ 83,000
Hamilton, Tennessee 2 $ 360,000 $ 180,000 $ 49,000
Sevier, Tennessee 2 $ 830,000 $ 415,000 $ 92,000
Sumner, Tennessee 2 $ 560,000 $ 280,000 $ 86,000
Denton, Texas 2 $ 1,170,000 $ 585,000 $ 183,000
El Paso, Texas 2 $ 450,000 $ 225,000 $ 92,000
Hays, Texas 2 $ 690,000 $ 345,000 $ 98,000
Hidalgo, Texas 2 $ 460,000 $ 230,000 $ 43,000
Johnson, Texas 2 $ 310,000 $ 155,000 $ 161,000
Lampasas, Texas 2 $ 770,000 $ 385,000 $ 77,000
Taylor, Texas 2 $ 270,000 $ 135,000 $ 37,000
Waller, Texas 2 $ 970,000 $ 485,000 $ 123,000
Wichita, Texas 2 $ 210,000 $ 105,000 $ 64,000
Lincoln, Washington 2 $ 730,000 $ 365,000 $ 210,000
Pierce, Washington 2 $ 470,000 $ 235,000 $ 65,000
Morgan, Alabama 1 $ 315,000 $ 315,000 $ 111,000
Cochise, Arizona 1 $ 275,000 $ 275,000 $ 117,000
Gila, Arizona 1 $ 205,000 $ 205,000 $ 49,000
Pima, Arizona 1 $ 335,000 $ 335,000 $ 70,000
Pinal, Arizona 1 $ 95,000 $ 95,000 $ 46,000
Yuma, Arizona 1 $ 285,000 $ 285,000 $ 206,000
Alameda, California 1 $ 645,000 $ 645,000 $ 230,000
El Dorado, California 1 $ 365,000 $ 365,000 $ 90,000
Lake, California 1 $ 115,000 $ 115,000 $ 24,000
Madera, California 1 $ 475,000 $ 475,000 $ 111,000
Monterey, California 1 $ 1,375,000 $ 1,375,000 $ 570,000
Placer, California 1 $ 675,000 $ 675,000 $ 140,000
Plumas, California 1 $ 485,000 $ 485,000 $ 162,000
Santa Cruz, California 1 $ 105,000 $ 105,000 $ 56,000
Solano, California 1 $ 555,000 $ 555,000 $ 73,000
Yolo, California 1 $ 285,000 $ 285,000 $ 78,000
Boulder, Colorado 1 $ 735,000 $ 735,000 $ 365,000
Broomfield, Colorado 1 $ 385,000 $ 385,000 $ 87,000
Denver, Colorado 1 $ 165,000 $ 165,000 $ 25,000
Eagle, Colorado 1 $ 315,000 $ 315,000 $ 365,000
Elbert, Colorado 1 $ 565,000 $ 565,000 $ 162,000
Larimer, Colorado 1 $ 485,000 $ 485,000 $ 150,000
Montezuma, Colorado 1 $ 135,000 $ 135,000 $ 19,000
Pueblo, Colorado 1 $ 245,000 $ 245,000 $ 74,000
Summit, Colorado 1 $ 175,000 $ 175,000 $ 365,000
Clay, Florida 1 $ 265,000 $ 265,000 $ 54,000
Duval, Florida 1 $ 185,000 $ 185,000 $ 291,000
Hendry, Florida 1 $ 105,000 $ 105,000 $ 62,000
Lake, Florida 1 $ 145,000 $ 145,000 $ 21,000
Lee, Florida 1 $ 115,000 $ 115,000 $ 26,000
Okaloosa, Florida 1 $ 105,000 $ 105,000 $ 63,000
Orange, Florida 1 $ 245,000 $ 245,000 $ 49,000
Osceola, Florida 1 $ 205,000 $ 205,000 $ 36,000
Volusia, Florida 1 $ 305,000 $ 305,000 $ 127,000
Bulloch, Georgia 1 $ 225,000 $ 225,000 $ 74,000
Cherokee, Georgia 1 $ 235,000 $ 235,000 $ 62,000
DeKalb, Georgia 1 $ 215,000 $ 215,000 $ 280,000
Douglas, Georgia 1 $ 295,000 $ 295,000 $ 76,000
Fayette, Georgia 1 $ 75,000 $ 75,000 $ 91,000
Rabun, Georgia 1 $ 395,000 $ 395,000 $ 220,000
Ada, Idaho 1 $ 525,000 $ 525,000 $ 132,000
Bonner, Idaho 1 $ 455,000 $ 455,000 $ 62,000
Canyon, Idaho 1 $ 185,000 $ 185,000 $ 31,000
Idaho, Idaho 1 $ 265,000 $ 265,000 $ 48,000
Madison, Illinois 1 $ 155,000 $ 155,000 $ 67,000
Elkhart, Indiana 1 $ 125,000 $ 125,000 $ 35,000
LaGrange, Indiana 1 $ 115,000 $ 115,000 $ 22,000
Avoyelles, Louisiana 1 $ 105,000 $ 105,000 $ 54,000
Baltimore City, Maryland 1 $ 275,000 $ 275,000 $ 107,000
Charles, Maryland 1 $ 325,000 $ 325,000 $ 109,000
Howard, Maryland 1 $ 645,000 $ 645,000 $ 156,000
Prince George's, Maryland 1 $ 285,000 $ 285,000 $ 264,000
St. Mary's, Maryland 1 $ 125,000 $ 125,000 $ 128,000
Jackson, Missouri 1 $ 125,000 $ 125,000 $ 64,000
Roosevelt, Montana 1 $ 175,000 $ 175,000 $ 61,000
Silver Bow, Montana 1 $ 395,000 $ 395,000 $ 87,000
Carson City, Nevada 1 $ 245,000 $ 245,000 $ 54,000
Elko, Nevada 1 $ 145,000 $ 145,000 $ 29,000
Ashe, North Carolina 1 $ 105,000 $ 105,000 $ 0
Buncombe, North Carolina 1 $ 255,000 $ 255,000 $ 60,000
Cabarrus, North Carolina 1 $ 365,000 $ 365,000 $ 181,000
Craven, North Carolina 1 $ 185,000 $ 185,000 $ 176,000
Cumberland, North Carolina 1 $ 205,000 $ 205,000 $ 106,000
Currituck, North Carolina 1 $ 315,000 $ 315,000 $ 64,000
Dare, North Carolina 1 $ 225,000 $ 225,000 $ 80,000
Davidson, North Carolina 1 $ 105,000 $ 105,000 $ 60,000
Duplin, North Carolina 1 $ 155,000 $ 155,000 $ 24,000
Durham, North Carolina 1 $ 195,000 $ 195,000 $ 300,000
Harnett, North Carolina 1 $ 125,000 $ 125,000 $ 60,000
Haywood, North Carolina 1 $ 115,000 $ 115,000 $ 26,000
Iredell, North Carolina 1 $ 115,000 $ 115,000 $ 138,000
Onslow, North Carolina 1 $ 155,000 $ 155,000 $ 72,000
Pitt, North Carolina 1 $ 235,000 $ 235,000 $ 69,000
Stokes, North Carolina 1 $ 235,000 $ 235,000 $ 88,000
Surry, North Carolina 1 $ 145,000 $ 145,000 $ 24,000
Franklin, Ohio 1 $ 155,000 $ 155,000 $ 100,000
Hamilton, Ohio 1 $ 215,000 $ 215,000 $ 53,000
Lucas, Ohio 1 $ 95,000 $ 95,000 $ 0
Montgomery, Ohio 1 $ 195,000 $ 195,000 $ 47,000
Wayne, Ohio 1 $ 425,000 $ 425,000 $ 325,000
Wood, Ohio 1 $ 435,000 $ 435,000 $ 127,000
Rogers, Oklahoma 1 $ 315,000 $ 315,000 $ 276,000
Baker, Oregon 1 $ 105,000 $ 105,000 $ 3,220,000
Clatsop, Oregon 1 $ 455,000 $ 455,000 $ 160,000
Deschutes, Oregon 1 $ 165,000 $ 165,000 $ 62,000
Marion, Oregon 1 $ 165,000 $ 165,000 $ 0
Adams, Pennsylvania 1 $ 275,000 $ 275,000 $ 154,000
Dauphin, Pennsylvania 1 $ 235,000 $ 235,000 $ 20,000
Franklin, Pennsylvania 1 $ 235,000 $ 235,000 $ 311,000
Lackawanna, Pennsylvania 1 $ 245,000 $ 245,000 $ 118,000
Monroe, Pennsylvania 1 $ 145,000 $ 145,000 $ 72,000
Montgomery, Pennsylvania 1 $ 245,000 $ 245,000 $ 49,000
York, Pennsylvania 1 $ 255,000 $ 255,000 $ 77,000
Berkeley, South Carolina 1 $ 195,000 $ 195,000 $ 37,000
Orangeburg, South Carolina 1 $ 185,000 $ 185,000 $ 61,000
Richland, South Carolina 1 $ 155,000 $ 155,000 $ 43,000
Williamsburg, South Carolina 1 $ 295,000 $ 295,000 $ 145,000
Bradley, Tennessee 1 $ 245,000 $ 245,000 $ 97,000
Coffee, Tennessee 1 $ 415,000 $ 415,000 $ 60,000
Cumberland, Tennessee 1 $ 335,000 $ 335,000 $ 94,000
Hawkins, Tennessee 1 $ 215,000 $ 215,000 $ 0
Jefferson, Tennessee 1 $ 255,000 $ 255,000 $ 630,000
Maury, Tennessee 1 $ 255,000 $ 255,000 $ 94,000
Robertson, Tennessee 1 $ 635,000 $ 635,000 $ 203,000
Angelina, Texas 1 $ 405,000 $ 405,000 $ 0
Bell, Texas 1 $ 205,000 $ 205,000 $ 58,000
Brazoria, Texas 1 $ 245,000 $ 245,000 $ 77,000
Collin, Texas 1 $ 205,000 $ 205,000 $ 98,000
Comal, Texas 1 $ 235,000 $ 235,000 $ 70,000
Dallas, Texas 1 $ 265,000 $ 265,000 $ 110,000
Eastland, Texas 1 $ 125,000 $ 125,000 $ 29,000
Hockley, Texas 1 $ 205,000 $ 205,000 $ 140,000
Lubbock, Texas 1 $ 155,000 $ 155,000 $ 188,000
McLennan, Texas 1 $ 185,000 $ 185,000 $ 176,000
Midland, Texas 1 $ 295,000 $ 295,000 $ 225,000
Parker, Texas 1 $ 415,000 $ 415,000 $ 146,000
San Patricio, Texas 1 $ 105,000 $ 105,000 $ 141,000
Tom Green, Texas 1 $ 125,000 $ 125,000 $ 0
Upshur, Texas 1 $ 165,000 $ 165,000 $ 217,000
Williamson, Texas 1 $ 455,000 $ 455,000 $ 176,000
Wilson, Texas 1 $ 445,000 $ 445,000 $ 160,000
Benton, Washington 1 $ 475,000 $ 475,000 $ 153,000

Mortgage Loan Application Detail Totals for Total Quality Financial Inc in 2022

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 369 $173,975,000 $471,000 $1,745,000 $159,000 $2,163,000
Cash-out Refinancing 237 $82,205,000 $346,000 $1,375,000 $123,000 $3,220,000
Refinancing 152 $56,690,000 $372,000 $1,785,000 $132,000 $1,032,000
Home Improvement 55 $14,875,000 $270,000 $685,000 $76,000 $324,000
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
Not Provided 298 $107,190,000 $359,000 $1,785,000 $118,000 $1,032,000
White 297 $129,485,000 $435,000 $1,505,000 $165,000 $3,220,000
Hispanic 127 $50,525,000 $397,000 $925,000 $113,000 $511,000
Asian 38 $18,780,000 $494,000 $1,745,000 $152,000 $470,000
Black or African American 32 $10,640,000 $332,000 $785,000 $117,000 $291,000
Native Hawaiian or Other Pacific Islander 3 $1,365,000 $455,000 $645,000 $97,000 $133,000
Not applicable 3 $1,215,000 $405,000 $795,000 $313,000 $327,000
American Indian or Alaskan Native 1 $285,000 $285,000 $285,000 $103,000 $103,000

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) 632 $260,050,000 $411,000 $1,785,000 $150,000 $3,220,000
FHA-insured (Federal Housing Administration) 101 $35,265,000 $349,000 $835,000 $92,000 $209,000
VA-guaranteed (Veterans Administration) 80 $32,430,000 $405,000 $1,305,000 $101,000 $254,000
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
Application Withdrawn By Applicant 392 $154,930,000 $395,000 $1,745,000 $138,000 $3,220,000
Loan Originated 353 $149,905,000 $424,000 $1,495,000 $145,000 $776,000
Application Denied By Financial Institution 60 $20,540,000 $342,000 $1,785,000 $104,000 $450,000
File Closed For Incompleteness 7 $1,925,000 $275,000 $485,000 $71,000 $96,000
Application Approved But Not Accepted 1 $445,000 $445,000 $445,000 $86,000 $86,000
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 753 $307,205,000 $407,000 $1,745,000 $140,000 $3,220,000
Credit Application Incomplete 26 $7,800,000 $300,000 $645,000 $99,000 $220,000
Debt-To-Income Ratio 15 $5,965,000 $397,000 $1,785,000 $114,000 $450,000
Credit History 5 $1,315,000 $263,000 $425,000 $80,000 $198,000
Unverifiable Information 5 $2,605,000 $521,000 $1,305,000 $111,000 $228,000
Collateral 4 $1,070,000 $267,000 $375,000 $93,000 $168,000
Insufficient Cash (Downpayment, Closing Cost) 3 $825,000 $275,000 $305,000 $167,000 $206,000
Other 1 $215,000 $215,000 $215,000 $80,000 $80,000
Employment History 1 $745,000 $745,000 $745,000 $125,000 $125,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Total Quality Financial Inc's 2022 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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