Shorebank, Cleveland
Mortgage Loan Application
Totals and Details
for 2003

Find mortgage loan statistics, lending data, and loan application totals for Ohio.
The mortgage statistics and data below are specific to mortgage loan applications for Shorebank, Cleveland.
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and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address Shorebank, Cleveland
540 East 105Th Street
Cleveland, OH 44108
Tel #: available with data download
Federal Regulator * available with data download
Years 2004  2003  
Total Number of Mortgage Applications 15
Total Mortgage Loan Application Amount $5,560,000
Average Mortgage Loan Application Amount $370,000
Highest Mortgage Loan Application Amount $1,750,000
Average Applicant Income $0
Highest Applicant Income $0

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 OH, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

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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 Ohio, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Shorebank, Cleveland in 2003

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
Multifamily dwelling (home purchase, home improvement, and refinancings) 15 $5,560,000 $370,000 $1,750,000 $0 $0
Refinancing (home purchase or home improvement, one-to-four family) 0 $0 $0 $0 $0 $0
Home Improvement (one-to-four family) 0 $0 $0 $0 $0 $0
Home Purchase (one-to-four family) 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
Black 6 $2,155,000 $359,000 $1,750,000 $0 $0
Not applicable 5 $1,829,000 $365,000 $820,000 $0 $0
White 3 $776,000 $258,000 $450,000 $0 $0
Asian or Pacific Islander 1 $800,000 $800,000 $800,000 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Hispanic 0 $0 $0 $0 $0 $0
Information not provided by applicant in mail or telephone application 0 $0 $0 $0 $0 $0
Other 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) 15 $5,560,000 $370,000 $1,750,000 $0 $0
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
Application Denied By Financial Institution 6 $1,705,000 $284,000 $800,000 $0 $0
Loan Originated 6 $1,560,000 $260,000 $820,000 $0 $0
Application Withdrawn By Applicant 2 $2,145,000 $1,072,000 $1,750,000 $0 $0
Application Approved But Not Accepted 1 $150,000 $150,000 $150,000 $0 $0
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Loan Purchased By The 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 1 $110,000 $110,000 $110,000 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
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

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 OH, 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 Ohio, and search similar information at your convenience.

Download the Ohio Lender List