Precision Financial Inc
Mortgage Loan Application
Totals and Details
for 2005

Find mortgage loan statistics, lending data, and loan application totals for New York.
The mortgage statistics and data below are specific to mortgage loan applications for Precision Financial Inc.
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 2003-2022.

Mortgage Company & Address Precision Financial Inc
6800 Jericho Turnpike Suite206E
Syosset, NY 11791
Tel #: available with data download
Federal Regulator * available with data download
Years 2008  2007  2006  2005  2004  
Total Number of Mortgage Applications 1,905
Total Mortgage Loan Application Amount $491,250,000
Average Mortgage Loan Application Amount $263,380
Highest Mortgage Loan Application Amount $2,900,000
Average Applicant Income $115,000
Highest Applicant Income $1,380,000

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 NY, 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 Precision Financial Inc by Metropolitan Area in 2005

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
NEW YORK-WAYNE-WHITE PLAINS, NY-NJ 674 $ 201,752,000 $ 299,000 $ 100,000
NASSAU-SUFFOLK, NY 430 $ 119,743,000 $ 278,000 $ 105,000
ORLANDO, FL 57 $ 14,734,000 $ 258,000 $ 121,000
FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL 56 $ 9,933,000 $ 177,000 $ 65,000
TAMPA-ST. PETERSBURG-CLEARWATER, FL 56 $ 9,122,000 $ 162,000 $ 73,000
WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL 45 $ 9,748,000 $ 216,000 $ 84,000
BALTIMORE-TOWSON, MD 41 $ 7,927,000 $ 193,000 $ 59,000
BOSTON-QUINCY, MA 33 $ 10,439,000 $ 316,000 $ 108,000
POUGHKEEPSIE-NEWBURGH-MIDDLETOWN, NY 31 $ 7,124,000 $ 229,000 $ 98,000
ROCHESTER, NY 20 $ 2,743,000 $ 137,000 $ 53,000
JACKSONVILLE, FL 18 $ 2,809,000 $ 156,000 $ 73,000
ESSEX COUNTY, MA 17 $ 4,272,000 $ 251,000 $ 78,000
BUFFALO-NIAGARA FALLS, NY 15 $ 1,927,000 $ 128,000 $ 68,000
CAMBRIDGE-NEWTON-FRAMINGHAM, MA 15 $ 4,799,000 $ 319,000 $ 94,000
LAKELAND, FL 15 $ 2,210,000 $ 147,000 $ 70,000
ALBANY-SCHENECTADY-TROY, NY 13 $ 2,121,000 $ 163,000 $ 82,000
HARTFORD-WEST HARTFORD-EAST HARTFORD, CT 13 $ 1,972,000 $ 151,000 $ 75,000
PHILADELPHIA, PA 13 $ 2,684,000 $ 206,000 $ 73,000
VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC 13 $ 2,324,000 $ 178,000 $ 78,000
BRIDGEPORT-STAMFORD-NORWALK, CT 12 $ 3,821,000 $ 318,000 $ 91,000
PORT ST. LUCIE-FORT PIERCE, FL 12 $ 2,235,000 $ 186,000 $ 101,000
NEW HAVEN-MILFORD, CT 11 $ 2,200,000 $ 200,000 $ 66,000
SPRINGFIELD, MA 11 $ 2,000,000 $ 181,000 $ 53,000
WORCESTER, MA 11 $ 2,096,000 $ 190,000 $ 62,000
CAPE CORAL-FORT MYERS, FL 10 $ 1,865,000 $ 186,000 $ 120,000
MIAMI-MIAMI BEACH-KENDALL, FL 10 $ 3,803,000 $ 380,000 $ 206,000
BETHESDA-FREDERICK-GAITHERSBURG, MD 9 $ 2,184,000 $ 242,000 $ 107,000
SARASOTA-BRADENTON-VENICE, FL 9 $ 1,540,000 $ 171,000 $ 64,000
GLENS FALLS, NY 7 $ 922,000 $ 131,000 $ 67,000
KINGSTON, NY 7 $ 1,303,000 $ 186,000 $ 72,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 7 $ 1,480,000 $ 211,000 $ 94,000
UTICA-ROME, NY 7 $ 677,000 $ 96,000 $ 48,000
BARNSTABLE TOWN, MA 6 $ 1,723,000 $ 287,000 $ 74,000
DELTONA-DAYTONA BEACH-ORMOND BEACH, FL 5 $ 841,000 $ 168,000 $ 34,000
NEWARK-UNION, NJ-PA 5 $ 1,357,000 $ 271,000 $ 77,000
OCALA, FL 5 $ 710,000 $ 142,000 $ 66,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 5 $ 965,000 $ 193,000 $ 86,000
CAMDEN, NJ 4 $ 890,000 $ 222,000 $ 61,000
OAKLAND-FREMONT-HAYWARD, CA 4 $ 1,191,000 $ 297,000 $ 40,000
RICHMOND, VA 4 $ 565,000 $ 141,000 $ 48,000
SANTA ANA-ANAHEIM-IRVINE, CA 4 $ 1,499,000 $ 374,000 $ 517,000
ALLENTOWN-BETHLEHEM-EASTON, PA-NJ 3 $ 553,000 $ 184,000 $ 84,000
PUNTA GORDA, FL 3 $ 750,000 $ 250,000 $ 112,000
SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA 3 $ 1,061,000 $ 353,000 $ 92,000
SYRACUSE, NY 3 $ 457,000 $ 152,000 $ 91,000
BAKERSFIELD, CA 2 $ 270,000 $ 135,000 $ 65,000
CHICAGO-NAPERVILLE-JOLIET, IL 2 $ 653,000 $ 326,000 $ 124,000
DENVER-AURORA, CO 2 $ 205,000 $ 102,000 $ 88,000
EDISON, NJ 2 $ 614,000 $ 307,000 $ 100,000
MADERA, CA 2 $ 503,000 $ 251,000 $ 62,000
MODESTO, CA 2 $ 373,000 $ 186,000 $ 73,000
NASHVILLE-DAVIDSON--MURFREESBORO, TN 2 $ 332,000 $ 166,000 $ 55,000
NORWICH-NEW LONDON, CT 2 $ 304,000 $ 152,000 $ 61,000
YORK-HANOVER, PA 2 $ 383,000 $ 191,000 $ 87,000
ELMIRA, NY 1 $ 145,000 $ 145,000 $ 42,000
FORT WALTON BEACH-CRESTVIEW-DESTIN, FL 1 $ 205,000 $ 205,000 $ 42,000
HAGERSTOWN-MARTINSBURG, MD-WV 1 $ 297,000 $ 297,000 $ 78,000
HARRISONBURG, VA 1 $ 250,000 $ 250,000 $ 79,000
ITHACA, NY 1 $ 200,000 $ 200,000 $ 141,000
LANCASTER, PA 1 $ 165,000 $ 165,000 $ 31,000
NAPLES-MARCO ISLAND, FL 1 $ 188,000 $ 188,000 $ 32,000
PALM BAY-MELBOURNE-TITUSVILLE, FL 1 $ 85,000 $ 85,000 $ 22,000
PANAMA CITY-LYNN HAVEN, FL 1 $ 140,000 $ 140,000 $ 48,000
PITTSBURGH, PA 1 $ 95,000 $ 95,000 $ 59,000
READING, PA 1 $ 123,000 $ 123,000 $ 96,000
SAN FRANCISCO-SAN MATEO-REDWOOD CITY, CA 1 $ 250,000 $ 250,000 $ 181,000
SANTA BARBARA-SANTA MARIA-GOLETA, CA 1 $ 628,000 $ 628,000 $ 124,000
STOCKTON, CA 1 $ 70,000 $ 70,000 $ 54,000
TALLAHASSEE, FL 1 $ 100,000 $ 100,000 $ 70,000
TRENTON-EWING, NJ 1 $ 129,000 $ 129,000 $ 46,000

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 New York, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Precision Financial 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 1,546 $390,741,000 $223,083 $2,900,000 $79,500 $1,020,000
Home Purchase 359 $100,509,000 $317,111 $1,580,000 $162,333 $1,380,000
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 796 $207,379,000 $227,454 $2,900,000 $96,909 $1,380,000
Black or African American 571 $147,653,000 $223,909 $860,000 $78,909 $480,000
Not Provided 261 $63,237,000 $231,666 $735,000 $71,222 $480,000
Hispanic 191 $48,844,000 $228,222 $1,580,000 $78,000 $900,000
Asian 76 $21,185,000 $318,833 $950,000 $113,666 $456,000
Native Hawaiian or Other Pacific Islander 7 $2,360,000 $337,000 $594,000 $107,000 $185,000
American Indian or Alaskan Native 3 $592,000 $197,333 $268,000 $103,666 $128,000
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) 1,905 $491,250,000 $227,583 $2,900,000 $88,333 $1,380,000
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 1,398 $358,083,000 $240,545 $1,960,000 $88,727 $1,380,000
Application Withdrawn By Applicant 363 $92,419,000 $219,090 $2,600,000 $83,363 $1,020,000
Application Denied By Financial Institution 101 $30,422,000 $257,222 $2,900,000 $103,888 $900,000
File Closed For Incompleteness 36 $8,334,000 $203,428 $860,000 $65,714 $360,000
Application Approved But Not Accepted 7 $1,992,000 $381,333 $735,000 $102,333 $212,000
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
Other 2 $405,000 $202,000 $324,000 $80,000 $80,000
Unverifiable Information 1 $218,000 $218,000 $218,000 $66,000 $66,000
Credit History 1 $452,000 $452,000 $452,000 $80,000 $80,000
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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 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 NY, 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 New York, and search similar information at your convenience.

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