Fay Servicing, Llc
Mortgage Loan Application
Totals and Details
for 2023

Find mortgage loan statistics, lending data, and loan application totals for Delaware.
The mortgage statistics and data below are specific to mortgage loan applications for Fay Servicing, Llc.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2023.

Mortgage Company & Address Fay Servicing, Llc
400 S. La Salle Street, Ste 2000
Dover, DE 60605
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  2019  2018  2017  2016  2015  
Total Number of Mortgage Applications 217
Total Mortgage Loan Application Amount $67,455,000
Average Mortgage Loan Application Amount $323,666
Highest Mortgage Loan Application Amount $1,955,000
Average Applicant Income $1,640,333
Highest Applicant Income $9,027,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in DE, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Fay Servicing, Llc by Metropolitan Area in 2023

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
PHOENIX-MESA-SCOTTSDALE, AZ 39 $ 11,505,000 $ 295,000 $ 0
RICHMOND, VA 39 $ 6,955,000 $ 178,000 $ 0
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 37 $ 6,095,000 $ 164,000 $ 0
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 10 $ 4,630,000 $ 463,000 $ 0
LAS VEGAS-HENDERSON-PARADISE, NV 8 $ 3,490,000 $ 436,000 $ 0
LOS ANGELES-LONG BEACH-GLENDALE, CA 8 $ 9,160,000 $ 1,145,000 $ 0
NA (OUTSIDE OF MSA/MD) 7 $ 845,000 $ 168,333 $ 3,847,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 5 $ 1,095,000 $ 219,000 $ 0
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV 5 $ 1,645,000 $ 329,000 $ 0
SALEM, OR 4 $ 960,000 $ 240,000 $ 0
SAN DIEGO-CARLSBAD, CA 4 $ 2,850,000 $ 712,000 $ 0
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 4 $ 4,310,000 $ 1,077,000 $ 0
TUCSON, AZ 4 $ 810,000 $ 202,000 $ 0
LYNCHBURG, VA 3 $ 485,000 $ 161,000 $ 0
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 3 $ 865,000 $ 265,000 $ 2,427,000
ROANOKE, VA 3 $ 735,000 $ 245,000 $ 0
SAN FRANCISCO-REDWOOD CITY-SOUTH SAN FRANCISCO, CA 3 $ 3,065,000 $ 1,021,000 $ 4,513,000
CHARLOTTESVILLE, VA 2 $ 560,000 $ 280,000 $ 0
CHICO, CA 2 $ 420,000 $ 210,000 $ 0
FRESNO, CA 2 $ 410,000 $ 205,000 $ 0
SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA 2 $ 1,220,000 $ 610,000 $ 0
SALT LAKE CITY, UT 2 $ 650,000 $ 325,000 $ 0
TAMPA-ST. PETERSBURG-CLEARWATER, FL 2 $ 510,000 $ 255,000 $ 4,666,000
VISALIA-PORTERVILLE, CA 2 $ 390,000 $ 195,000 $ 0
ALBANY, OR 1 $ 385,000 $ 385,000 $ 0
ATLANTA-SANDY SPRINGS-ROSWELL, GA 1 $ 95,000 $ 95,000 $ 5,123,000
AUSTIN-ROUND ROCK, TX 1 $ 185,000 $ 185,000 $ 6,905,000
BAKERSFIELD, CA 1 $ 185,000 $ 185,000 $ 0
BALTIMORE-COLUMBIA-TOWSON, MD 1 $ 55,000 $ 55,000 $ 6,697,000
CHARLOTTE-CONCORD-GASTONIA, NC-SC 1 $ 105,000 $ 105,000 $ 3,469,000
COLUMBUS, GA-AL 1 $ 225,000 $ 225,000 $ 7,018,000
COLUMBUS, OH 1 $ 115,000 $ 115,000 $ 2,519,000
EL CENTRO, CA 1 $ 345,000 $ 345,000 $ 0
FLAGSTAFF, AZ 1 $ 1,055,000 $ 1,055,000 $ 0
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 1 $ 115,000 $ 115,000 $ 3,748,000
KANSAS CITY, MO-KS 1 $ 135,000 $ 135,000 $ 3,834,000
MODESTO, CA 1 $ 215,000 $ 215,000 $ 0
OAKLAND-HAYWARD-BERKELEY, CA 1 $ 145,000 $ 145,000 $ 4,066,000
ORLANDO-KISSIMMEE-SANFORD, FL 1 $ 185,000 $ 185,000 $ 5,923,000
STOCKTON-LODI, CA 1 $ 95,000 $ 95,000 $ 0
YUMA, AZ 1 $ 155,000 $ 155,000 $ 0

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of Delaware, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Fay Servicing, Llc in 2023

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
Cash-out Refinancing 105 $29,535,000 $281,000 $1,955,000 $0 $0
Refinancing 64 $19,100,000 $298,000 $1,605,000 $4,064,000 $9,027,000
Home Purchase 48 $18,820,000 $392,000 $1,815,000 $857,000 $6,458,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
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
Not applicable 160 $52,230,000 $326,000 $1,955,000 $0 $0
Black or African American 20 $4,080,000 $204,000 $1,495,000 $2,408,000 $7,018,000
Not Provided 18 $5,640,000 $313,000 $955,000 $0 $0
White 9 $2,915,000 $323,000 $975,000 $2,048,000 $5,083,000
Hispanic 8 $2,040,000 $255,000 $445,000 $1,596,000 $9,027,000
Asian 2 $550,000 $275,000 $305,000 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 207 $65,795,000 $317,000 $1,955,000 $613,000 $9,027,000
FHA-insured (Federal Housing Administration) 10 $1,660,000 $166,000 $305,000 $5,118,000 $7,018,000
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

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 146 $42,250,000 $289,000 $1,865,000 $750,000 $6,697,000
Application Approved But Not Accepted 40 $11,860,000 $296,000 $955,000 $2,127,000 $9,027,000
Application Withdrawn By Applicant 21 $10,655,000 $507,000 $1,955,000 $629,000 $2,519,000
Application Denied By Financial Institution 9 $2,595,000 $288,000 $695,000 $4,299,000 $6,905,000
File Closed For Incompleteness 1 $95,000 $95,000 $95,000 $5,123,000 $5,123,000
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 208 $64,860,000 $311,000 $1,955,000 $1,196,000 $9,027,000
Other 2 $520,000 $260,000 $275,000 $0 $0
Credit History 2 $320,000 $160,000 $185,000 $3,834,000 $3,834,000
Debt-To-Income Ratio 1 $305,000 $305,000 $305,000 $6,458,000 $6,458,000
Employment History 1 $185,000 $185,000 $185,000 $6,905,000 $6,905,000
Insufficient Cash (Downpayment, Closing Cost) 1 $325,000 $325,000 $325,000 $0 $0
Unverifiable Information 1 $695,000 $695,000 $695,000 $0 $0
Collateral 1 $245,000 $245,000 $245,000 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in DE, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in Delaware, and search similar information at your convenience.

Download the Delaware Lender List