Your Best Rate Financial L.L.C Mortgage Lending & HMDA Data, 2005

In 2005, Your Best Rate Financial L.L.C of Atlanta, GA reported 529 mortgage applications totaling $77.3 million, down 40% from 2004. The average application was for $146,103, and applicants reported an average income of $75,468. 96% of its applications resulted in an originated loan and 1% were denied. Its largest markets were Atlanta-Sandy Springs-Marietta, GA (205), Birmingham-Hoover, AL (18) and Montgomery, AL (11) (applications in parentheses).

Mortgage Company & Address Your Best Rate Financial L.L.C
5909 Peachtree Dunwoody Rd Suite 700
Atlanta, GA 30328
Tel #: available with data download
Federal Regulator * available with data download
Years 2005  2004  2003  
Total Number of Mortgage Applications 529
Total Mortgage Loan Application Amount $77,289,000
Average Mortgage Loan Application Amount $146,103
Highest Mortgage Loan Application Amount $760,000
Average Applicant Income $75,468
Highest Applicant Income $425,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Your Best Rate Financial L.L.C filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Your Best Rate Financial L.L.C 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
Gwinnett, Georgia 40 $ 6,312,000 $ 157,800 $ 89,000
DeKalb, Georgia 33 $ 4,495,000 $ 136,212 $ 88,000
Cobb, Georgia 30 $ 5,006,000 $ 166,866 $ 98,000
Fulton, Georgia 29 $ 6,024,000 $ 207,724 $ 101,000
Henry, Georgia 17 $ 2,014,000 $ 118,470 $ 64,000
Cherokee, Georgia 15 $ 2,047,000 $ 136,466 $ 64,000
Clayton, Georgia 13 $ 1,170,000 $ 90,000 $ 41,000
Jefferson, Alabama 12 $ 1,523,000 $ 126,916 $ 61,000
Wayne, Michigan 6 $ 805,000 $ 134,166 $ 63,000
Shelby, Tennessee 6 $ 869,000 $ 144,833 $ 91,000
Madison, Alabama 5 $ 1,173,000 $ 234,600 $ 145,000
Bibb, Georgia 5 $ 231,000 $ 46,200 $ 40,000
Douglas, Georgia 5 $ 876,000 $ 175,200 $ 81,000
Walton, Georgia 5 $ 717,000 $ 143,400 $ 41,000
Lake, Indiana 5 $ 855,000 $ 171,000 $ 76,000
Boone, Kentucky 5 $ 821,000 $ 164,200 $ 118,000
Autauga, Alabama 4 $ 655,000 $ 163,750 $ 89,000
Montgomery, Alabama 4 $ 382,000 $ 95,500 $ 67,000
Fayette, Georgia 4 $ 525,000 $ 131,250 $ 123,000
Forsyth, Georgia 4 $ 908,000 $ 227,000 $ 119,000
Hall, Georgia 4 $ 1,064,000 $ 266,000 $ 74,000
Whitfield, Georgia 4 $ 374,000 $ 93,500 $ 61,000
Jefferson, Kentucky 4 $ 658,000 $ 164,500 $ 103,000
Horry, South Carolina 4 $ 489,000 $ 122,250 $ 58,000
Hamilton, Tennessee 4 $ 428,000 $ 107,000 $ 94,000
Blount, Alabama 3 $ 336,000 $ 112,000 $ 59,000
Elmore, Alabama 3 $ 285,000 $ 95,000 $ 71,000
Mobile, Alabama 3 $ 275,000 $ 91,666 $ 38,000
Shelby, Alabama 3 $ 480,000 $ 160,000 $ 51,000
Brevard, Florida 3 $ 498,000 $ 166,000 $ 66,000
Broward, Florida 3 $ 311,000 $ 103,666 $ 69,000
Citrus, Florida 3 $ 238,000 $ 79,333 $ 45,000
Duval, Florida 3 $ 465,000 $ 155,000 $ 77,000
Hernando, Florida 3 $ 396,000 $ 132,000 $ 104,000
Hillsborough, Florida 3 $ 583,000 $ 194,333 $ 192,000
Palm Beach, Florida 3 $ 611,000 $ 203,666 $ 50,000
Paulding, Georgia 3 $ 229,000 $ 76,333 $ 51,000
Polk, Georgia 3 $ 236,000 $ 78,666 $ 32,000
Aiken, South Carolina 3 $ 235,000 $ 78,333 $ 40,000
Lexington, South Carolina 3 $ 199,000 $ 66,333 $ 41,000
York, South Carolina 3 $ 260,000 $ 86,666 $ 51,000
Davidson, Tennessee 3 $ 950,000 $ 316,666 $ 140,000
Knox, Tennessee 3 $ 469,000 $ 156,333 $ 67,000
Baldwin, Alabama 2 $ 318,000 $ 159,000 $ 48,000
Tallapoosa, Alabama 2 $ 176,000 $ 88,000 $ 90,000
Highlands, Florida 2 $ 182,000 $ 91,000 $ 56,000
Lake, Florida 2 $ 341,000 $ 170,500 $ 86,000
Lee, Florida 2 $ 239,000 $ 119,500 $ 57,000
Manatee, Florida 2 $ 315,000 $ 157,500 $ 63,000
Pinellas, Florida 2 $ 319,000 $ 159,500 $ 52,000
Seminole, Florida 2 $ 280,000 $ 140,000 $ 86,000
Bartow, Georgia 2 $ 168,000 $ 84,000 $ 51,000
Bryan, Georgia 2 $ 270,000 $ 135,000 $ 123,000
Camden, Georgia 2 $ 329,000 $ 164,500 $ 45,000
Columbia, Georgia 2 $ 294,000 $ 147,000 $ 57,000
Greene, Georgia 2 $ 863,000 $ 431,500 $ 135,000
Hart, Georgia 2 $ 137,000 $ 68,500 $ 62,000
Lowndes, Georgia 2 $ 353,000 $ 176,500 $ 64,000
Morgan, Georgia 2 $ 225,000 $ 112,500 $ 96,000
Rabun, Georgia 2 $ 289,000 $ 144,500 $ 45,000
Rockdale, Georgia 2 $ 307,000 $ 153,500 $ 81,000
Walker, Georgia 2 $ 226,000 $ 113,000 $ 40,000
Gem, Idaho 2 $ 118,000 $ 59,000 $ 51,000
Dearborn, Indiana 2 $ 168,000 $ 84,000 $ 44,000
Grant, Indiana 2 $ 80,000 $ 40,000 $ 52,000
Hamilton, Indiana 2 $ 227,000 $ 113,500 $ 85,000
Hendricks, Indiana 2 $ 262,000 $ 131,000 $ 54,000
Gove, Kansas 2 $ 82,000 $ 41,000 $ 64,000
Daviess, Kentucky 2 $ 222,000 $ 111,000 $ 81,000
Kenton, Kentucky 2 $ 362,000 $ 181,000 $ 76,000
Madison, Kentucky 2 $ 274,000 $ 137,000 $ 73,000
Gratiot, Michigan 2 $ 157,000 $ 78,500 $ 23,000
Jackson, Michigan 2 $ 400,000 $ 200,000 $ 91,000
Livingston, Michigan 2 $ 474,000 $ 237,000 $ 65,000
Newaygo, Michigan 2 $ 290,000 $ 145,000 $ 44,000
Beaufort, South Carolina 2 $ 956,000 $ 478,000 $ 157,000
Greenville, South Carolina 2 $ 222,000 $ 111,000 $ 69,000
Lancaster, South Carolina 2 $ 218,000 $ 109,000 $ 76,000
Pickens, South Carolina 2 $ 266,000 $ 133,000 $ 52,000
Richland, South Carolina 2 $ 272,000 $ 136,000 $ 56,000
Anderson, Tennessee 2 $ 138,000 $ 69,000 $ 75,000
Washington, Tennessee 2 $ 91,000 $ 45,500 $ 71,000
Chambers, Alabama 1 $ 100,000 $ 100,000 $ 31,000
Cherokee, Alabama 1 $ 132,000 $ 132,000 $ 138,000
Clarke, Alabama 1 $ 74,000 $ 74,000 $ 33,000
Cullman, Alabama 1 $ 640,000 $ 640,000 $ 110,000
Etowah, Alabama 1 $ 100,000 $ 100,000 $ 48,000
Jackson, Alabama 1 $ 102,000 $ 102,000 $ 78,000
Lamar, Alabama 1 $ 191,000 $ 191,000 $ 48,000
Lee, Alabama 1 $ 83,000 $ 83,000 $ 21,000
Morgan, Alabama 1 $ 81,000 $ 81,000 $ 50,000
Talladega, Alabama 1 $ 392,000 $ 392,000 $ 425,000
Cross, Arkansas 1 $ 81,000 $ 81,000 $ 73,000
Ouachita, Arkansas 1 $ 63,000 $ 63,000 $ 81,000
Sevier, Arkansas 1 $ 61,000 $ 61,000 $ 28,000
Sharp, Arkansas 1 $ 131,000 $ 131,000 $ 53,000
Alachua, Florida 1 $ 194,000 $ 194,000 $ 69,000
Baker, Florida 1 $ 105,000 $ 105,000 $ 33,000
Charlotte, Florida 1 $ 178,000 $ 178,000 $ 19,000
Flagler, Florida 1 $ 225,000 $ 225,000 $ 72,000
Indian River, Florida 1 $ 136,000 $ 136,000 $ 33,000
Leon, Florida 1 $ 98,000 $ 98,000 $ 29,000
Marion, Florida 1 $ 107,000 $ 107,000 $ 42,000
Orange, Florida 1 $ 102,000 $ 102,000 $ 104,000
Pasco, Florida 1 $ 133,000 $ 133,000 $ 57,000
Polk, Florida 1 $ 124,000 $ 124,000 $ 49,000
Santa Rosa, Florida 1 $ 90,000 $ 90,000 $ 120,000
Sarasota, Florida 1 $ 322,000 $ 322,000 $ 71,000
Volusia, Florida 1 $ 158,000 $ 158,000 $ 409,000
Walton, Florida 1 $ 400,000 $ 400,000 $ 258,000
Burke, Georgia 1 $ 400,000 $ 400,000 $ 252,000
Carroll, Georgia 1 $ 133,000 $ 133,000 $ 61,000
Chattooga, Georgia 1 $ 90,000 $ 90,000 $ 59,000
Coweta, Georgia 1 $ 100,000 $ 100,000 $ 53,000
Crawford, Georgia 1 $ 127,000 $ 127,000 $ 44,000
Decatur, Georgia 1 $ 99,000 $ 99,000 $ 54,000
Fannin, Georgia 1 $ 209,000 $ 209,000 $ 114,000
Franklin, Georgia 1 $ 300,000 $ 300,000 $ 108,000
Gilmer, Georgia 1 $ 400,000 $ 400,000 $ 96,000
Houston, Georgia 1 $ 15,000 $ 15,000 $ 55,000
Jackson, Georgia 1 $ 97,000 $ 97,000 $ 19,000
Madison, Georgia 1 $ 86,000 $ 86,000 $ 23,000
Muscogee, Georgia 1 $ 247,000 $ 247,000 $ 67,000
Pickens, Georgia 1 $ 200,000 $ 200,000 $ 120,000
Putnam, Georgia 1 $ 175,000 $ 175,000 $ 66,000
Randolph, Georgia 1 $ 78,000 $ 78,000 $ 55,000
Troup, Georgia 1 $ 86,000 $ 86,000 $ 34,000
Ware, Georgia 1 $ 112,000 $ 112,000 $ 61,000
Adams, Idaho 1 $ 98,000 $ 98,000 $ 72,000
Franklin, Idaho 1 $ 160,000 $ 160,000 $ 39,000
Allen, Indiana 1 $ 103,000 $ 103,000 $ 48,000
Bartholomew, Indiana 1 $ 84,000 $ 84,000 $ 46,000
Cass, Indiana 1 $ 100,000 $ 100,000 $ 38,000
Henry, Indiana 1 $ 276,000 $ 276,000 $ 114,000
LaPorte, Indiana 1 $ 81,000 $ 81,000 $ 82,000
Monroe, Indiana 1 $ 278,000 $ 278,000 $ 115,000
Noble, Indiana 1 $ 117,000 $ 117,000 $ 63,000
Porter, Indiana 1 $ 146,000 $ 146,000 $ 78,000
Scott, Indiana 1 $ 113,000 $ 113,000 $ 60,000
Vanderburgh, Indiana 1 $ 128,000 $ 128,000 $ 31,000
Rice, Kansas 1 $ 104,000 $ 104,000 $ 58,000
Breckinridge, Kentucky 1 $ 103,000 $ 103,000 $ 55,000
Campbell, Kentucky 1 $ 216,000 $ 216,000 $ 66,000
Carter, Kentucky 1 $ 121,000 $ 121,000 $ 36,000
Fayette, Kentucky 1 $ 131,000 $ 131,000 $ 82,000
Grant, Kentucky 1 $ 94,000 $ 94,000 $ 50,000
Hardin, Kentucky 1 $ 86,000 $ 86,000 $ 35,000
Johnson, Kentucky 1 $ 127,000 $ 127,000 $ 42,000
Larue, Kentucky 1 $ 50,000 $ 50,000 $ 17,000
Laurel, Kentucky 1 $ 129,000 $ 129,000 $ 47,000
McCracken, Kentucky 1 $ 318,000 $ 318,000 $ 82,000
Meade, Kentucky 1 $ 96,000 $ 96,000 $ 102,000
Barry, Michigan 1 $ 143,000 $ 143,000 $ 40,000
Eaton, Michigan 1 $ 82,000 $ 82,000 $ 28,000
Grand Traverse, Michigan 1 $ 160,000 $ 160,000 $ 50,000
Huron, Michigan 1 $ 67,000 $ 67,000 $ 63,000
Kalamazoo, Michigan 1 $ 220,000 $ 220,000 $ 95,000
Lapeer, Michigan 1 $ 202,000 $ 202,000 $ 139,000
Marquette, Michigan 1 $ 81,000 $ 81,000 $ 23,000
Mecosta, Michigan 1 $ 104,000 $ 104,000 $ 35,000
Montcalm, Michigan 1 $ 91,000 $ 91,000 $ 47,000
Oakland, Michigan 1 $ 240,000 $ 240,000 $ 109,000
Otsego, Michigan 1 $ 80,000 $ 80,000 $ 19,000
St. Clair, Michigan 1 $ 85,000 $ 85,000 $ 15,000
St. Joseph, Michigan 1 $ 94,000 $ 94,000 $ 59,000
Gentry, Missouri 1 $ 166,000 $ 166,000 $ 84,000
Lincoln, New Mexico 1 $ 196,000 $ 196,000 $ 77,000
Crook, Oregon 1 $ 76,000 $ 76,000 $ 36,000
Charleston, South Carolina 1 $ 423,000 $ 423,000 $ 90,000
Dorchester, South Carolina 1 $ 197,000 $ 197,000 $ 75,000
Georgetown, South Carolina 1 $ 167,000 $ 167,000 $ 78,000
Laurens, South Carolina 1 $ 82,000 $ 82,000 $ 39,000
Blount, Tennessee 1 $ 111,000 $ 111,000 $ 42,000
Campbell, Tennessee 1 $ 272,000 $ 272,000 $ 222,000
Cocke, Tennessee 1 $ 80,000 $ 80,000 $ 55,000
Greene, Tennessee 1 $ 94,000 $ 94,000 $ 52,000
Overton, Tennessee 1 $ 124,000 $ 124,000 $ 66,000
Rhea, Tennessee 1 $ 72,000 $ 72,000 $ 58,000
Robertson, Tennessee 1 $ 126,000 $ 126,000 $ 52,000
Sevier, Tennessee 1 $ 146,000 $ 146,000 $ 61,000
Williamson, Tennessee 1 $ 222,000 $ 222,000 $ 226,000
Carbon, Utah 1 $ 270,000 $ 270,000 $ 120,000
Jackson, Wisconsin 1 $ 69,000 $ 69,000 $ 26,000
Juneau, Wisconsin 1 $ 20,000 $ 20,000 $ 30,000
Sawyer, Wisconsin 1 $ 96,000 $ 96,000 $ 57,000

Mortgage Loan Application Detail Totals for Your Best Rate Financial L.L.C 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 424 $62,715,000 $133,941 $760,000 $68,352 $425,000
Home Purchase 105 $14,574,000 $205,125 $463,000 $102,750 $409,000
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 310 $46,444,000 $132,500 $760,000 $69,000 $409,000
Not Provided 142 $20,729,000 $137,687 $640,000 $71,812 $425,000
Black or African American 65 $8,182,000 $119,285 $389,000 $66,857 $167,000
Hispanic 7 $843,000 $110,750 $180,000 $56,750 $86,000
Asian 3 $625,000 $208,333 $238,000 $90,333 $130,000
American Indian or Alaskan Native 1 $302,000 $302,000 $302,000 $191,000 $191,000
Native Hawaiian or Other Pacific Islander 1 $164,000 $164,000 $164,000 $95,000 $95,000
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) 529 $77,289,000 $135,000 $760,000 $70,000 $425,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
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

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 506 $73,438,000 $139,187 $760,000 $71,500 $425,000
Application Withdrawn By Applicant 16 $2,491,000 $128,857 $303,000 $82,142 $250,000
Application Denied By Financial Institution 7 $1,360,000 $189,666 $402,000 $81,666 $96,000
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
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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Your Best Rate Financial L.L.C'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 Your Best Rate Financial L.L.C'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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