USA Home Loans Inc Mortgage Lending & HMDA Data, 2005

In 2005, USA Home Loans Inc of Towson, MD reported 1,242 mortgage applications totaling $204.8 million. The average application was for $164,885, and applicants reported an average income of $50,149. 74% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Baltimore-Towson, MD (411), Philadelphia, PA (58) and Virginia Beach-Norfolk-Newport News, VA-NC (39) (applications in parentheses).

Mortgage Company & Address USA Home Loans Inc
8725 Loch Raven Blvd Suite 205
Towson, MD 21286
Tel #: available with data download
Federal Regulator * available with data download
Years 2007  2006  2005  
Total Number of Mortgage Applications 1,242
Total Mortgage Loan Application Amount $204,788,000
Average Mortgage Loan Application Amount $164,885
Highest Mortgage Loan Application Amount $879,000
Average Applicant Income $50,149
Highest Applicant Income $454,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records USA Home Loans Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 USA Home Loans Inc by County in 2005

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Baltimore, Maryland 177 $ 27,517,000 $ 155,463 $ 60,000
Harford, Maryland 128 $ 23,759,000 $ 185,617 $ 62,000
Prince George's, Maryland 118 $ 22,303,000 $ 189,008 $ 56,000
Baltimore City, Maryland 46 $ 6,208,000 $ 134,956 $ 51,000
Anne Arundel, Maryland 36 $ 7,864,000 $ 218,444 $ 71,000
Montgomery, Maryland 26 $ 5,087,000 $ 195,653 $ 65,000
Philadelphia, Pennsylvania 21 $ 3,187,000 $ 151,761 $ 52,000
Cook, Illinois 18 $ 2,876,000 $ 159,777 $ 48,000
Harris, Texas 17 $ 1,841,000 $ 108,294 $ 0
Fairfax, Virginia 17 $ 3,358,000 $ 197,529 $ 62,000
Charles, Maryland 16 $ 3,270,000 $ 204,375 $ 68,000
Chesterfield, Virginia 16 $ 2,182,000 $ 136,375 $ 39,000
Henrico, Virginia 16 $ 2,273,000 $ 142,062 $ 40,000
Virginia Beach, Virginia 16 $ 3,187,000 $ 199,187 $ 54,000
Los Angeles, California 15 $ 3,811,000 $ 254,066 $ 82,000
Lancaster, Pennsylvania 14 $ 1,704,000 $ 121,714 $ 51,000
Washington, Maryland 13 $ 2,284,000 $ 175,692 $ 69,000
Delaware, Pennsylvania 13 $ 2,089,000 $ 160,692 $ 65,000
Spotsylvania, Virginia 13 $ 2,009,000 $ 154,538 $ 48,000
Carroll, Maryland 12 $ 2,313,000 $ 192,750 $ 100,000
Cecil, Maryland 12 $ 2,363,000 $ 196,916 $ 74,000
Bucks, Pennsylvania 12 $ 2,038,000 $ 169,833 $ 61,000
Tarrant, Texas 12 $ 1,367,000 $ 113,916 $ 0
Prince William, Virginia 12 $ 2,750,000 $ 229,166 $ 38,000
Kern, California 11 $ 1,822,000 $ 165,636 $ 60,000
Frederick, Maryland 11 $ 2,154,000 $ 195,818 $ 51,000
York, Pennsylvania 11 $ 1,674,000 $ 152,181 $ 39,000
San Bernardino, California 10 $ 1,861,000 $ 186,100 $ 43,000
Howard, Maryland 10 $ 2,188,000 $ 218,800 $ 61,000
Dallas, Texas 10 $ 1,130,000 $ 113,000 $ 0
New Castle, Delaware 9 $ 1,335,000 $ 148,333 $ 36,000
Calvert, Maryland 9 $ 1,593,000 $ 177,000 $ 59,000
Berks, Pennsylvania 9 $ 1,389,000 $ 154,333 $ 31,000
Montgomery, Pennsylvania 9 $ 1,229,000 $ 136,555 $ 45,000
Jefferson, Alabama 8 $ 887,000 $ 110,875 $ 22,000
Sacramento, California 8 $ 1,712,000 $ 214,000 $ 50,000
Dauphin, Pennsylvania 8 $ 933,000 $ 116,625 $ 22,000
Franklin, Ohio 7 $ 954,000 $ 136,285 $ 27,000
Marion, Indiana 6 $ 709,000 $ 118,166 $ 25,000
St. Mary's, Maryland 6 $ 1,126,000 $ 187,666 $ 48,000
Northampton, Pennsylvania 6 $ 912,000 $ 152,000 $ 55,000
Collin, Texas 6 $ 790,000 $ 131,666 $ 0
Newport News, Virginia 6 $ 871,000 $ 145,166 $ 43,000
Miami-Dade, Florida 5 $ 876,000 $ 175,200 $ 51,000
Wicomico, Maryland 5 $ 546,000 $ 109,200 $ 47,000
Cuyahoga, Ohio 5 $ 544,000 $ 108,800 $ 11,000
Allegheny, Pennsylvania 5 $ 613,000 $ 122,600 $ 23,000
Richland, South Carolina 5 $ 620,000 $ 124,000 $ 22,000
Davidson, Tennessee 5 $ 611,000 $ 122,200 $ 0
Hamilton, Tennessee 5 $ 540,000 $ 108,000 $ 22,000
Shelby, Tennessee 5 $ 637,000 $ 127,400 $ 0
Loudoun, Virginia 5 $ 1,088,000 $ 217,600 $ 50,000
Norfolk, Virginia 5 $ 688,000 $ 137,600 $ 21,000
Madera, California 4 $ 828,000 $ 207,000 $ 86,000
Riverside, California 4 $ 710,000 $ 177,500 $ 34,000
Orange, Florida 4 $ 620,000 $ 155,000 $ 31,000
Lake, Illinois 4 $ 564,000 $ 141,000 $ 63,000
Dorchester, Maryland 4 $ 642,000 $ 160,500 $ 49,000
Worcester, Maryland 4 $ 568,000 $ 142,000 $ 68,000
Licking, Ohio 4 $ 508,000 $ 127,000 $ 56,000
Montgomery, Ohio 4 $ 360,000 $ 90,000 $ 0
Travis, Texas 4 $ 434,000 $ 108,500 $ 0
Williamson, Texas 4 $ 549,000 $ 137,250 $ 0
Chesapeake, Virginia 4 $ 733,000 $ 183,250 $ 66,000
Roanoke, Virginia 4 $ 622,000 $ 155,500 $ 28,000
Montgomery, Alabama 3 $ 305,000 $ 101,666 $ 0
Tulare, California 3 $ 393,000 $ 131,000 $ 75,000
Hillsborough, Florida 3 $ 477,000 $ 159,000 $ 37,000
Winnebago, Illinois 3 $ 316,000 $ 105,333 $ 16,000
Kent, Maryland 3 $ 423,000 $ 141,000 $ 41,000
Lake, Ohio 3 $ 355,000 $ 118,333 $ 38,000
Lorain, Ohio 3 $ 378,000 $ 126,000 $ 53,000
Lucas, Ohio 3 $ 338,000 $ 112,666 $ 29,000
Chester, Pennsylvania 3 $ 658,000 $ 219,333 $ 70,000
Lehigh, Pennsylvania 3 $ 418,000 $ 139,333 $ 25,000
Monroe, Pennsylvania 3 $ 440,000 $ 146,666 $ 64,000
Greenville, South Carolina 3 $ 410,000 $ 136,666 $ 0
Lexington, South Carolina 3 $ 243,000 $ 81,000 $ 31,000
Bexar, Texas 3 $ 319,000 $ 106,333 $ 0
Alameda, California 2 $ 566,000 $ 283,000 $ 80,000
Fresno, California 2 $ 483,000 $ 241,500 $ 43,000
Kings, California 2 $ 450,000 $ 225,000 $ 65,000
Merced, California 2 $ 369,000 $ 184,500 $ 47,000
Tehama, California 2 $ 260,000 $ 130,000 $ 44,000
Broward, Florida 2 $ 304,000 $ 152,000 $ 0
Clay, Florida 2 $ 301,000 $ 150,500 $ 27,000
Duval, Florida 2 $ 299,000 $ 149,500 $ 38,000
DuPage, Illinois 2 $ 361,000 $ 180,500 $ 36,000
Grundy, Illinois 2 $ 386,000 $ 193,000 $ 78,000
Kane, Illinois 2 $ 213,000 $ 106,500 $ 20,000
Caroline, Maryland 2 $ 453,000 $ 226,500 $ 68,000
Queen Anne's, Maryland 2 $ 336,000 $ 168,000 $ 20,000
Talbot, Maryland 2 $ 1,149,000 $ 574,500 $ 144,000
Hamilton, Ohio 2 $ 223,000 $ 111,500 $ 0
Huron, Ohio 2 $ 198,000 $ 99,000 $ 38,000
Mahoning, Ohio 2 $ 180,000 $ 90,000 $ 0
Medina, Ohio 2 $ 276,000 $ 138,000 $ 0
Tuscarawas, Ohio 2 $ 191,000 $ 95,500 $ 0
Beaver, Pennsylvania 2 $ 222,000 $ 111,000 $ 31,000
Lycoming, Pennsylvania 2 $ 216,000 $ 108,000 $ 38,000
Westmoreland, Pennsylvania 2 $ 270,000 $ 135,000 $ 50,000
Knox, Tennessee 2 $ 191,000 $ 95,500 $ 24,000
El Paso, Texas 2 $ 238,000 $ 119,000 $ 33,000
Fort Bend, Texas 2 $ 185,000 $ 92,500 $ 0
Johnson, Texas 2 $ 189,000 $ 94,500 $ 0
Montgomery, Texas 2 $ 189,000 $ 94,500 $ 0
Rockwall, Texas 2 $ 226,000 $ 113,000 $ 0
Alexandria, Virginia 2 $ 496,000 $ 248,000 $ 87,000
Fauquier, Virginia 2 $ 516,000 $ 258,000 $ 66,000
Hampton, Virginia 2 $ 268,000 $ 134,000 $ 21,000
Hanover, Virginia 2 $ 330,000 $ 165,000 $ 40,000
Orange, Virginia 2 $ 323,000 $ 161,500 $ 58,000
Richmond City, Virginia 2 $ 164,000 $ 82,000 $ 17,000
Stafford, Virginia 2 $ 503,000 $ 251,500 $ 104,000
Suffolk, Virginia 2 $ 218,000 $ 109,000 $ 0
York, Virginia 2 $ 347,000 $ 173,500 $ 62,000
Mobile, Alabama 1 $ 128,000 $ 128,000 $ 31,000
Shelby, Alabama 1 $ 128,000 $ 128,000 $ 0
Contra Costa, California 1 $ 167,000 $ 167,000 $ 45,000
Napa, California 1 $ 396,000 $ 396,000 $ 96,000
San Joaquin, California 1 $ 259,000 $ 259,000 $ 108,000
Shasta, California 1 $ 197,000 $ 197,000 $ 46,000
Stanislaus, California 1 $ 226,000 $ 226,000 $ 65,000
Adams, Colorado 1 $ 202,000 $ 202,000 $ 62,000
Arapahoe, Colorado 1 $ 172,000 $ 172,000 $ 0
Douglas, Colorado 1 $ 142,000 $ 142,000 $ 0
El Paso, Colorado 1 $ 198,000 $ 198,000 $ 71,000
Weld, Colorado 1 $ 176,000 $ 176,000 $ 0
Brevard, Florida 1 $ 156,000 $ 156,000 $ 44,000
Charlotte, Florida 1 $ 195,000 $ 195,000 $ 83,000
Collier, Florida 1 $ 272,000 $ 272,000 $ 50,000
Lee, Florida 1 $ 221,000 $ 221,000 $ 70,000
Leon, Florida 1 $ 76,000 $ 76,000 $ 46,000
Manatee, Florida 1 $ 81,000 $ 81,000 $ 0
Palm Beach, Florida 1 $ 308,000 $ 308,000 $ 74,000
Pinellas, Florida 1 $ 92,000 $ 92,000 $ 0
Polk, Florida 1 $ 238,000 $ 238,000 $ 55,000
Sarasota, Florida 1 $ 71,000 $ 71,000 $ 25,000
St. Lucie, Florida 1 $ 155,000 $ 155,000 $ 61,000
Volusia, Florida 1 $ 146,000 $ 146,000 $ 0
Boone, Illinois 1 $ 98,000 $ 98,000 $ 0
Kendall, Illinois 1 $ 220,000 $ 220,000 $ 78,000
LaSalle, Illinois 1 $ 113,000 $ 113,000 $ 88,000
Madison, Illinois 1 $ 101,000 $ 101,000 $ 58,000
McHenry, Illinois 1 $ 147,000 $ 147,000 $ 58,000
Rock Island, Illinois 1 $ 92,000 $ 92,000 $ 0
St. Clair, Illinois 1 $ 115,000 $ 115,000 $ 39,000
Will, Illinois 1 $ 183,000 $ 183,000 $ 64,000
Williamson, Illinois 1 $ 104,000 $ 104,000 $ 0
Hendricks, Indiana 1 $ 103,000 $ 103,000 $ 62,000
Jefferson, Kentucky 1 $ 130,000 $ 130,000 $ 0
Jackson, Missouri 1 $ 148,000 $ 148,000 $ 87,000
St. Louis, Missouri 1 $ 111,000 $ 111,000 $ 30,000
St. Louis City, Missouri 1 $ 96,000 $ 96,000 $ 0
Ashtabula, Ohio 1 $ 89,000 $ 89,000 $ 0
Brown, Ohio 1 $ 152,000 $ 152,000 $ 73,000
Butler, Ohio 1 $ 111,000 $ 111,000 $ 0
Clark, Ohio 1 $ 88,000 $ 88,000 $ 0
Fairfield, Ohio 1 $ 96,000 $ 96,000 $ 0
Geauga, Ohio 1 $ 143,000 $ 143,000 $ 0
Greene, Ohio 1 $ 81,000 $ 81,000 $ 0
Knox, Ohio 1 $ 123,000 $ 123,000 $ 0
Madison, Ohio 1 $ 115,000 $ 115,000 $ 54,000
Ottawa, Ohio 1 $ 117,000 $ 117,000 $ 0
Pickaway, Ohio 1 $ 213,000 $ 213,000 $ 57,000
Stark, Ohio 1 $ 97,000 $ 97,000 $ 0
Trumbull, Ohio 1 $ 136,000 $ 136,000 $ 0
Warren, Ohio 1 $ 153,000 $ 153,000 $ 0
Beaufort, South Carolina 1 $ 131,000 $ 131,000 $ 41,000
Pickens, South Carolina 1 $ 101,000 $ 101,000 $ 0
Blount, Tennessee 1 $ 138,000 $ 138,000 $ 33,000
Maury, Tennessee 1 $ 116,000 $ 116,000 $ 48,000
Sumner, Tennessee 1 $ 6,000 $ 6,000 $ 0
Bastrop, Texas 1 $ 86,000 $ 86,000 $ 0
Comal, Texas 1 $ 104,000 $ 104,000 $ 0
Nueces, Texas 1 $ 122,000 $ 122,000 $ 0
Randall, Texas 1 $ 120,000 $ 120,000 $ 0
Caroline, Virginia 1 $ 102,000 $ 102,000 $ 35,000
Culpeper, Virginia 1 $ 116,000 $ 116,000 $ 85,000
James City, Virginia 1 $ 200,000 $ 200,000 $ 92,000
Petersburg, Virginia 1 $ 55,000 $ 55,000 $ 73,000
Portsmouth, Virginia 1 $ 92,000 $ 92,000 $ 0

Mortgage Loan Application Detail Totals for USA Home Loans Inc in 2005

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 1,090 $177,190,000 $141,687 $879,000 $31,125 $300,000
Home Purchase 152 $27,598,000 $158,800 $624,000 $53,800 $454,000
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 601 $99,354,000 $144,500 $879,000 $34,642 $454,000
Black or African American 371 $60,254,000 $143,666 $500,000 $30,666 $161,000
Not Provided 184 $30,615,000 $140,533 $420,000 $29,466 $161,000
Hispanic 68 $11,274,000 $156,600 $302,000 $39,300 $136,000
American Indian or Alaskan Native 9 $1,717,000 $161,500 $363,000 $39,833 $123,000
Asian 8 $1,418,000 $186,000 $340,000 $47,600 $95,000
Native Hawaiian or Other Pacific Islander 1 $156,000 $156,000 $156,000 $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
FHA-insured (Federal Housing Administration) 674 $100,040,000 $134,062 $315,000 $22,750 $454,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 566 $104,482,000 $155,750 $879,000 $57,833 $360,000
VA-guaranteed (Veterans Administration) 2 $266,000 $133,000 $185,000 $0 $0
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 923 $157,680,000 $146,214 $879,000 $36,500 $454,000
Application Withdrawn By Applicant 240 $35,885,000 $143,214 $435,000 $33,571 $216,000
Application Denied By Financial Institution 78 $10,948,000 $130,000 $388,000 $22,071 $114,000
Application Approved But Not Accepted 1 $275,000 $275,000 $275,000 $92,000 $92,000
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
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
Other 22 $3,261,000 $150,000 $276,000 $38,750 $108,000
Credit History 12 $1,571,000 $133,142 $204,000 $29,285 $114,000
Debt-To-Income Ratio 9 $1,375,000 $150,000 $238,000 $36,666 $69,000
Collateral 6 $916,000 $141,500 $237,000 $26,500 $85,000
Mortgage Insurance Denied 1 $86,000 $86,000 $86,000 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Unverifiable Information 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

Our comprehensive HMDA mortgage statistics provide invaluable insights into USA Home Loans Inc's 2005 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 USA Home Loans 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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