Traditional Mortgage Acceptance Corporation Mortgage Lending & HMDA Data, 2022

In 2022, Traditional Mortgage Acceptance Corporation of Bellevue, WA reported 1,720 mortgage applications totaling $484.4 million. The average application was for $281,651, and applicants reported an average income of $33,586. 49% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (96), Riverside-San Bernardino-Ontario, CA (90) and Phoenix-Mesa-Scottsdale, AZ (86) (applications in parentheses).

Mortgage Company & Address Traditional Mortgage Acceptance Corporation
777 108th Ave Ne #1670
Bellevue, WA 98004
Federal Regulator * available with data download
Years 2025  2024  2023  2022  
Total Number of Mortgage Applications 1,720
Total Mortgage Loan Application Amount $484,440,000
Average Mortgage Loan Application Amount $281,651
Highest Mortgage Loan Application Amount $715,000
Average Applicant Income $33,586
Highest Applicant Income $172,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Traditional Mortgage Acceptance Corporation filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Traditional Mortgage Acceptance Corporation 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
Refinancing 1,530 $441,890,000 $288,000 $715,000 $34,000 $172,000
Other Purpose 103 $24,455,000 $237,000 $695,000 $28,000 $95,000
Home Purchase 51 $10,875,000 $213,000 $475,000 $35,000 $86,000
Home Improvement 36 $7,220,000 $200,000 $655,000 $30,000 $66,000
Cash-out Refinancing 0 $0 $0 $0 $0 $0
Not Applicable 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 822 $241,740,000 $294,000 $715,000 $33,000 $172,000
Not applicable 595 $151,125,000 $253,000 $635,000 $0 $0
Not Provided 172 $53,760,000 $312,000 $675,000 $33,000 $154,000
Black or African American 64 $15,030,000 $234,000 $685,000 $30,000 $76,000
Hispanic 50 $16,790,000 $335,000 $655,000 $34,000 $103,000
Asian 13 $5,195,000 $399,000 $615,000 $40,000 $95,000
American Indian or Alaskan Native 2 $370,000 $185,000 $215,000 $48,000 $63,000
Native Hawaiian or Other Pacific Islander 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
FHA-insured (Federal Housing Administration) 1,720 $484,440,000 $281,000 $715,000 $33,000 $172,000
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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 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 841 $256,085,000 $304,000 $715,000 $33,000 $171,000
Loan Purchased By The Institution 595 $151,125,000 $253,000 $635,000 $0 $0
Application Withdrawn By Applicant 145 $38,575,000 $266,000 $695,000 $34,000 $172,000
Application Denied By Financial Institution 111 $29,785,000 $268,000 $675,000 $31,000 $154,000
Application Approved But Not Accepted 16 $5,590,000 $349,000 $565,000 $36,000 $86,000
File Closed For Incompleteness 12 $3,280,000 $273,000 $525,000 $23,000 $58,000
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 1,609 $454,655,000 $282,000 $715,000 $33,000 $172,000
Other 84 $23,180,000 $275,000 $675,000 $31,000 $154,000
Collateral 12 $2,750,000 $229,000 $595,000 $34,000 $51,000
Unverifiable Information 10 $2,220,000 $222,000 $455,000 $28,000 $46,000
Insufficient Cash (Downpayment, Closing Cost) 4 $1,400,000 $350,000 $565,000 $24,000 $27,000
Credit History 1 $235,000 $235,000 $235,000 $41,000 $41,000
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Traditional Mortgage Acceptance Corporation'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 Traditional Mortgage Acceptance Corporation'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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