Solutions Funding, Inc. 2006 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Solutions Funding, Inc. 333 Pierce Place, Suite 410 Itasca, IL 60143 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2006 |
| Total Number of Mortgage Applications | 2,820 |
| Total Mortgage Loan Application Amount | $567,858,000 |
| Average Mortgage Loan Application Amount | $191,666 |
| Highest Mortgage Loan Application Amount | $1,680,000 |
| Average Applicant Income | $67,666 |
| Highest Applicant Income | $2,019,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2006 with Solutions Funding, Inc.. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Solutions Funding, Inc.'s lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2006 breaks down Solutions Funding, Inc.'s mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Solutions Funding, Inc. serves its applicants.
Each category highlights the total number of mortgage applications processed by Solutions Funding, Inc., total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Solutions Funding, Inc.'s mortgage activity for 2006.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Cook County Illinois | 1,030 | $ 201,743,000 | $ 195,000 | $ 66,000 |
| Will County Illinois | 161 | $ 29,659,000 | $ 184,000 | $ 59,000 |
| DuPage County Illinois | 130 | $ 24,662,000 | $ 189,000 | $ 72,000 |
| Broward County Florida | 88 | $ 19,335,000 | $ 219,000 | $ 71,000 |
| Kane County Illinois | 81 | $ 12,843,000 | $ 158,000 | $ 71,000 |
| Orange County Florida | 78 | $ 15,046,000 | $ 192,000 | $ 74,000 |
| Palm Beach County Florida | 77 | $ 19,532,000 | $ 253,000 | $ 82,000 |
| Miami-Dade County Florida | 72 | $ 18,166,000 | $ 252,000 | $ 97,000 |
| Lake County Illinois | 71 | $ 17,091,000 | $ 240,000 | $ 86,000 |
| Hillsborough County Florida | 57 | $ 9,370,000 | $ 164,000 | $ 67,000 |
| Kankakee County Illinois | 45 | $ 6,169,000 | $ 137,000 | $ 49,000 |
| Duval County Florida | 39 | $ 4,008,000 | $ 102,000 | $ 68,000 |
| Los Angeles County California | 37 | $ 13,029,000 | $ 352,000 | $ 95,000 |
| McHenry County Illinois | 37 | $ 7,503,000 | $ 202,000 | $ 73,000 |
| San Diego County California | 34 | $ 9,869,000 | $ 290,000 | $ 88,000 |
| Clark County Nevada | 30 | $ 6,210,000 | $ 207,000 | $ 46,000 |
| Lee County Florida | 29 | $ 5,930,000 | $ 204,000 | $ 107,000 |
| Pinellas County Florida | 22 | $ 5,256,000 | $ 238,000 | $ 170,000 |
| DeKalb County Illinois | 22 | $ 3,645,000 | $ 165,000 | $ 79,000 |
| Kendall County Illinois | 21 | $ 3,130,000 | $ 149,000 | $ 41,000 |
| Maricopa County Arizona | 19 | $ 6,501,000 | $ 342,000 | $ 45,000 |
| Osceola County Florida | 19 | $ 3,602,000 | $ 189,000 | $ 57,000 |
| Polk County Florida | 19 | $ 3,138,000 | $ 165,000 | $ 67,000 |
| Seminole County Florida | 19 | $ 2,771,000 | $ 145,000 | $ 77,000 |
| Lake County Indiana | 18 | $ 1,597,000 | $ 88,000 | $ 22,000 |
| Hennepin County Minnesota | 18 | $ 5,110,000 | $ 283,000 | $ 77,000 |
| Denver County Colorado | 15 | $ 3,225,000 | $ 215,000 | $ 60,000 |
| Oakland County Michigan | 15 | $ 6,506,000 | $ 433,000 | $ 124,000 |
| Riverside County California | 14 | $ 3,521,000 | $ 251,000 | $ 71,000 |
| Marion County Florida | 14 | $ 2,039,000 | $ 145,000 | $ 69,000 |
| Orange County California | 13 | $ 4,444,000 | $ 341,000 | $ 71,000 |
| Lake County Florida | 12 | $ 1,098,000 | $ 91,000 | $ 50,000 |
| Arapahoe County Colorado | 10 | $ 2,252,000 | $ 225,000 | $ 106,000 |
| Volusia County Florida | 10 | $ 1,128,000 | $ 112,000 | $ 44,000 |
| Madison County Illinois | 10 | $ 999,000 | $ 99,000 | $ 65,000 |
| Boone County Illinois | 9 | $ 1,034,000 | $ 114,000 | $ 37,000 |
| Ramsey County Minnesota | 9 | $ 2,146,000 | $ 238,000 | $ 62,000 |
| Pasco County Florida | 8 | $ 800,000 | $ 100,000 | $ 77,000 |
| Grundy County Illinois | 8 | $ 832,000 | $ 104,000 | $ 40,000 |
| Whiteside County Illinois | 8 | $ 427,000 | $ 53,000 | $ 52,000 |
| Jackson County Missouri | 8 | $ 1,009,000 | $ 126,000 | $ 53,000 |
| Alameda County California | 7 | $ 2,282,000 | $ 326,000 | $ 59,000 |
| Contra Costa County California | 7 | $ 3,541,000 | $ 505,000 | $ 194,000 |
| San Joaquin County California | 7 | $ 2,176,000 | $ 310,000 | $ 73,000 |
| Adams County Colorado | 7 | $ 1,466,000 | $ 209,000 | $ 104,000 |
| Winnebago County Illinois | 7 | $ 637,000 | $ 91,000 | $ 56,000 |
| Brazos County Texas | 7 | $ 621,000 | $ 88,000 | $ 65,000 |
| Harris County Texas | 7 | $ 1,077,000 | $ 153,000 | $ 53,000 |
| Brevard County Florida | 6 | $ 1,018,000 | $ 169,000 | $ 95,000 |
| Collier County Florida | 6 | $ 1,633,000 | $ 272,000 | $ 106,000 |
| Monroe County Florida | 6 | $ 1,527,000 | $ 254,000 | $ 119,000 |
| LaSalle County Illinois | 6 | $ 568,000 | $ 94,000 | $ 61,000 |
| Manatee County Florida | 5 | $ 1,800,000 | $ 360,000 | $ 87,000 |
| Sarasota County Florida | 5 | $ 1,325,000 | $ 265,000 | $ 133,000 |
| St. Lucie County Florida | 5 | $ 2,599,000 | $ 519,000 | $ 82,000 |
| Washington County Minnesota | 5 | $ 1,608,000 | $ 321,000 | $ 0 |
| Madera County California | 4 | $ 800,000 | $ 200,000 | $ 16,000 |
| San Bernardino County California | 4 | $ 1,132,000 | $ 283,000 | $ 50,000 |
| San Mateo County California | 4 | $ 1,170,000 | $ 292,000 | $ 105,000 |
| Santa Clara County California | 4 | $ 2,589,000 | $ 647,000 | $ 279,000 |
| Ventura County California | 4 | $ 2,547,000 | $ 636,000 | $ 286,000 |
| Clay County Florida | 4 | $ 367,000 | $ 91,000 | $ 34,000 |
| Lee County Illinois | 4 | $ 254,000 | $ 63,000 | $ 37,000 |
| Middlesex County Massachusetts | 4 | $ 1,135,000 | $ 283,000 | $ 90,000 |
| Genesee County Michigan | 4 | $ 699,000 | $ 174,000 | $ 50,000 |
| Henry County Missouri | 4 | $ 616,000 | $ 154,000 | $ 0 |
| Oklahoma County Oklahoma | 4 | $ 294,000 | $ 73,000 | $ 88,000 |
| Suffolk County Virginia | 4 | $ 417,000 | $ 104,000 | $ 18,000 |
| Milwaukee County Wisconsin | 4 | $ 453,000 | $ 113,000 | $ 14,000 |
| Placer County California | 3 | $ 1,553,000 | $ 517,000 | $ 111,000 |
| Solano County California | 3 | $ 924,000 | $ 308,000 | $ 127,000 |
| Douglas County Colorado | 3 | $ 888,000 | $ 296,000 | $ 66,000 |
| Weld County Colorado | 3 | $ 827,000 | $ 275,000 | $ 61,000 |
| Charlotte County Florida | 3 | $ 445,000 | $ 148,000 | $ 37,000 |
| Okaloosa County Florida | 3 | $ 716,000 | $ 238,000 | $ 187,000 |
| Iroquois County Illinois | 3 | $ 339,000 | $ 113,000 | $ 27,000 |
| Ogle County Illinois | 3 | $ 580,000 | $ 193,000 | $ 80,000 |
| Rock Island County Illinois | 3 | $ 251,000 | $ 83,000 | $ 25,000 |
| St. Joseph County Indiana | 3 | $ 340,000 | $ 113,000 | $ 53,000 |
| Anoka County Minnesota | 3 | $ 790,000 | $ 263,000 | $ 31,000 |
| Dakota County Minnesota | 3 | $ 520,000 | $ 173,000 | $ 29,000 |
| Stearns County Minnesota | 3 | $ 348,000 | $ 116,000 | $ 17,000 |
| Clay County Missouri | 3 | $ 467,000 | $ 155,000 | $ 46,000 |
| St. Charles County Missouri | 3 | $ 428,000 | $ 142,000 | $ 65,000 |
| Shelby County Tennessee | 3 | $ 283,000 | $ 94,000 | $ 32,000 |
| Chesterfield County Virginia | 3 | $ 460,000 | $ 153,000 | $ 38,000 |
| Pierce County Washington | 3 | $ 920,000 | $ 306,000 | $ 153,000 |
| Cochise County Arizona | 2 | $ 366,000 | $ 183,000 | $ 0 |
| Pinal County Arizona | 2 | $ 575,000 | $ 287,000 | $ 84,000 |
| Fresno County California | 2 | $ 215,000 | $ 107,000 | $ 0 |
| Kern County California | 2 | $ 208,000 | $ 104,000 | $ 0 |
| Merced County California | 2 | $ 682,000 | $ 341,000 | $ 162,000 |
| Sacramento County California | 2 | $ 503,000 | $ 251,000 | $ 106,000 |
| San Francisco County California | 2 | $ 773,000 | $ 386,000 | $ 44,000 |
| Santa Barbara County California | 2 | $ 504,000 | $ 252,000 | $ 150,000 |
| Sonoma County California | 2 | $ 922,000 | $ 461,000 | $ 79,000 |
| Gilpin County Colorado | 2 | $ 174,000 | $ 87,000 | $ 0 |
| Jefferson County Colorado | 2 | $ 360,000 | $ 180,000 | $ 0 |
| Montrose County Colorado | 2 | $ 443,000 | $ 221,000 | $ 59,000 |
| Citrus County Florida | 2 | $ 164,000 | $ 82,000 | $ 0 |
| Indian River County Florida | 2 | $ 155,000 | $ 77,000 | $ 87,000 |
| St. Johns County Florida | 2 | $ 577,000 | $ 288,000 | $ 144,000 |
| Walton County Florida | 2 | $ 1,435,000 | $ 717,000 | $ 2,005,000 |
| Bureau County Illinois | 2 | $ 352,000 | $ 176,000 | $ 113,000 |
| McLean County Illinois | 2 | $ 283,000 | $ 141,000 | $ 0 |
| Sangamon County Illinois | 2 | $ 238,000 | $ 119,000 | $ 23,000 |
| St. Clair County Illinois | 2 | $ 301,000 | $ 150,000 | $ 0 |
| Elkhart County Indiana | 2 | $ 71,000 | $ 35,000 | $ 0 |
| Hamilton County Indiana | 2 | $ 300,000 | $ 150,000 | $ 144,000 |
| Warrick County Indiana | 2 | $ 76,000 | $ 38,000 | $ 50,000 |
| Berrien County Michigan | 2 | $ 1,385,000 | $ 692,000 | $ 161,000 |
| Monroe County Michigan | 2 | $ 140,000 | $ 70,000 | $ 0 |
| Wayne County Michigan | 2 | $ 100,000 | $ 50,000 | $ 0 |
| Carver County Minnesota | 2 | $ 219,000 | $ 109,000 | $ 0 |
| Goodhue County Minnesota | 2 | $ 323,000 | $ 161,000 | $ 33,000 |
| Lake County Minnesota | 2 | $ 1,250,000 | $ 625,000 | $ 0 |
| St. Louis County Missouri | 2 | $ 266,000 | $ 133,000 | $ 41,000 |
| St. Louis City County Missouri | 2 | $ 301,000 | $ 150,000 | $ 21,000 |
| Caswell County North Carolina | 2 | $ 177,000 | $ 88,000 | $ 14,000 |
| Hamilton County Ohio | 2 | $ 183,000 | $ 91,000 | $ 53,000 |
| Licking County Ohio | 2 | $ 119,000 | $ 59,000 | $ 48,000 |
| Multnomah County Oregon | 2 | $ 247,000 | $ 123,000 | $ 0 |
| Davidson County Tennessee | 2 | $ 150,000 | $ 75,000 | $ 0 |
| Madison County Tennessee | 2 | $ 162,000 | $ 81,000 | $ 0 |
| Sevier County Tennessee | 2 | $ 299,000 | $ 149,000 | $ 212,000 |
| Coryell County Texas | 2 | $ 215,000 | $ 107,000 | $ 56,000 |
| Tarrant County Texas | 2 | $ 1,365,000 | $ 682,000 | $ 0 |
| Travis County Texas | 2 | $ 378,000 | $ 189,000 | $ 64,000 |
| Chesapeake County Virginia | 2 | $ 338,000 | $ 169,000 | $ 31,000 |
| Norfolk County Virginia | 2 | $ 166,000 | $ 83,000 | $ 33,000 |
| Portsmouth County Virginia | 2 | $ 241,000 | $ 120,000 | $ 48,000 |
| King County Washington | 2 | $ 819,000 | $ 409,000 | $ 132,000 |
| Snohomish County Washington | 2 | $ 550,000 | $ 275,000 | $ 0 |
| Racine County Wisconsin | 2 | $ 144,000 | $ 72,000 | $ 0 |
| Walworth County Wisconsin | 2 | $ 1,113,000 | $ 556,000 | $ 145,000 |
| Waukesha County Wisconsin | 2 | $ 175,000 | $ 87,000 | $ 0 |
| Mohave County Arizona | 1 | $ 127,000 | $ 127,000 | $ 0 |
| Imperial County California | 1 | $ 30,000 | $ 30,000 | $ 0 |
| Marin County California | 1 | $ 140,000 | $ 140,000 | $ 115,000 |
| Monterey County California | 1 | $ 230,000 | $ 230,000 | $ 69,000 |
| Sutter County California | 1 | $ 100,000 | $ 100,000 | $ 78,000 |
| Chaffee County Colorado | 1 | $ 187,000 | $ 187,000 | $ 66,000 |
| Garfield County Colorado | 1 | $ 389,000 | $ 389,000 | $ 0 |
| Las Animas County Colorado | 1 | $ 118,000 | $ 118,000 | $ 26,000 |
| Pueblo County Colorado | 1 | $ 90,000 | $ 90,000 | $ 0 |
| Bay County Florida | 1 | $ 48,000 | $ 48,000 | $ 80,000 |
| Columbia County Florida | 1 | $ 94,000 | $ 94,000 | $ 42,000 |
| Flagler County Florida | 1 | $ 351,000 | $ 351,000 | $ 104,000 |
| Martin County Florida | 1 | $ 269,000 | $ 269,000 | $ 0 |
| Nassau County Florida | 1 | $ 64,000 | $ 64,000 | $ 0 |
| Sumter County Florida | 1 | $ 260,000 | $ 260,000 | $ 138,000 |
| Coles County Illinois | 1 | $ 60,000 | $ 60,000 | $ 0 |
| Jo Daviess County Illinois | 1 | $ 248,000 | $ 248,000 | $ 215,000 |
| Marion County Illinois | 1 | $ 82,000 | $ 82,000 | $ 42,000 |
| Peoria County Illinois | 1 | $ 72,000 | $ 72,000 | $ 26,000 |
| Perry County Illinois | 1 | $ 126,000 | $ 126,000 | $ 0 |
| Stephenson County Illinois | 1 | $ 219,000 | $ 219,000 | $ 118,000 |
| Tazewell County Illinois | 1 | $ 191,000 | $ 191,000 | $ 0 |
| Warren County Illinois | 1 | $ 79,000 | $ 79,000 | $ 66,000 |
| Marion County Indiana | 1 | $ 155,000 | $ 155,000 | $ 49,000 |
| Porter County Indiana | 1 | $ 115,000 | $ 115,000 | $ 41,000 |
| Starke County Indiana | 1 | $ 80,000 | $ 80,000 | $ 54,000 |
| White County Indiana | 1 | $ 140,000 | $ 140,000 | $ 0 |
| St. John the Baptist County Louisiana | 1 | $ 150,000 | $ 150,000 | $ 0 |
| Barnstable County Massachusetts | 1 | $ 1,342,000 | $ 1,342,000 | $ 0 |
| Suffolk County Massachusetts | 1 | $ 242,000 | $ 242,000 | $ 125,000 |
| Kalamazoo County Michigan | 1 | $ 50,000 | $ 50,000 | $ 55,000 |
| Le Sueur County Minnesota | 1 | $ 446,000 | $ 446,000 | $ 0 |
| St. Louis County Minnesota | 1 | $ 176,000 | $ 176,000 | $ 62,000 |
| Greene County Missouri | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Jefferson County Missouri | 1 | $ 170,000 | $ 170,000 | $ 45,000 |
| Pettis County Missouri | 1 | $ 69,000 | $ 69,000 | $ 0 |
| Elko County Nevada | 1 | $ 66,000 | $ 66,000 | $ 44,000 |
| Brunswick County North Carolina | 1 | $ 122,000 | $ 122,000 | $ 48,000 |
| Cumberland County North Carolina | 1 | $ 68,000 | $ 68,000 | $ 0 |
| Duplin County North Carolina | 1 | $ 126,000 | $ 126,000 | $ 74,000 |
| Forsyth County North Carolina | 1 | $ 168,000 | $ 168,000 | $ 125,000 |
| New Hanover County North Carolina | 1 | $ 113,000 | $ 113,000 | $ 48,000 |
| Onslow County North Carolina | 1 | $ 92,000 | $ 92,000 | $ 61,000 |
| Orange County North Carolina | 1 | $ 158,000 | $ 158,000 | $ 55,000 |
| Pitt County North Carolina | 1 | $ 82,000 | $ 82,000 | $ 29,000 |
| Rockingham County North Carolina | 1 | $ 20,000 | $ 20,000 | $ 0 |
| Clark County Ohio | 1 | $ 81,000 | $ 81,000 | $ 0 |
| Clermont County Ohio | 1 | $ 118,000 | $ 118,000 | $ 0 |
| Clinton County Ohio | 1 | $ 158,000 | $ 158,000 | $ 67,000 |
| Columbiana County Ohio | 1 | $ 78,000 | $ 78,000 | $ 0 |
| Logan County Ohio | 1 | $ 85,000 | $ 85,000 | $ 70,000 |
| Seneca County Ohio | 1 | $ 46,000 | $ 46,000 | $ 72,000 |
| Clackamas County Oregon | 1 | $ 65,000 | $ 65,000 | $ 0 |
| Columbia County Oregon | 1 | $ 149,000 | $ 149,000 | $ 32,000 |
| Deschutes County Oregon | 1 | $ 186,000 | $ 186,000 | $ 26,000 |
| Umatilla County Oregon | 1 | $ 91,000 | $ 91,000 | $ 0 |
| Yamhill County Oregon | 1 | $ 108,000 | $ 108,000 | $ 0 |
| Anderson County Tennessee | 1 | $ 65,000 | $ 65,000 | $ 0 |
| Hamilton County Tennessee | 1 | $ 60,000 | $ 60,000 | $ 28,000 |
| Hawkins County Tennessee | 1 | $ 104,000 | $ 104,000 | $ 0 |
| Haywood County Tennessee | 1 | $ 81,000 | $ 81,000 | $ 0 |
| Knox County Tennessee | 1 | $ 72,000 | $ 72,000 | $ 32,000 |
| Lawrence County Tennessee | 1 | $ 50,000 | $ 50,000 | $ 23,000 |
| Montgomery County Tennessee | 1 | $ 75,000 | $ 75,000 | $ 25,000 |
| Sumner County Tennessee | 1 | $ 113,000 | $ 113,000 | $ 33,000 |
| Weakley County Tennessee | 1 | $ 59,000 | $ 59,000 | $ 0 |
| Collin County Texas | 1 | $ 172,000 | $ 172,000 | $ 58,000 |
| Dallas County Texas | 1 | $ 85,000 | $ 85,000 | $ 62,000 |
| Denton County Texas | 1 | $ 220,000 | $ 220,000 | $ 228,000 |
| Ellis County Texas | 1 | $ 350,000 | $ 350,000 | $ 0 |
| Nueces County Texas | 1 | $ 240,000 | $ 240,000 | $ 67,000 |
| Wilson County Texas | 1 | $ 268,000 | $ 268,000 | $ 152,000 |
| Bristol County Virginia | 1 | $ 96,000 | $ 96,000 | $ 0 |
| Cumberland County Virginia | 1 | $ 172,000 | $ 172,000 | $ 50,000 |
| Goochland County Virginia | 1 | $ 291,000 | $ 291,000 | $ 90,000 |
| Hampton County Virginia | 1 | $ 70,000 | $ 70,000 | $ 67,000 |
| Louisa County Virginia | 1 | $ 227,000 | $ 227,000 | $ 0 |
| Northampton County Virginia | 1 | $ 222,000 | $ 222,000 | $ 264,000 |
| Petersburg County Virginia | 1 | $ 109,000 | $ 109,000 | $ 45,000 |
| Prince George County Virginia | 1 | $ 77,000 | $ 77,000 | $ 48,000 |
| Prince William County Virginia | 1 | $ 175,000 | $ 175,000 | $ 57,000 |
| Richmond City County Virginia | 1 | $ 76,000 | $ 76,000 | $ 41,000 |
| Spotsylvania County Virginia | 1 | $ 204,000 | $ 204,000 | $ 64,000 |
| Clallam County Washington | 1 | $ 177,000 | $ 177,000 | $ 76,000 |
| Mason County Washington | 1 | $ 306,000 | $ 306,000 | $ 76,000 |
| Marquette County Wisconsin | 1 | $ 153,000 | $ 153,000 | $ 65,000 |
| Sauk County Wisconsin | 1 | $ 178,000 | $ 178,000 | $ 87,000 |
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 |
|---|---|---|---|---|---|---|
| Home Purchase | 1,502 | $265,217,000 | $176,000 | $1,201,000 | $67,000 | $1,204,000 |
| Refinancing | 1,316 | $302,300,000 | $229,000 | $1,680,000 | $74,000 | $2,019,000 |
| Home Improvement | 2 | $341,000 | $170,000 | $232,000 | $62,000 | $73,000 |
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 | 1,299 | $289,759,000 | $223,000 | $1,680,000 | $79,000 | $2,019,000 |
| Hispanic | 657 | $116,493,000 | $177,000 | $960,000 | $61,000 | $1,204,000 |
| Black or African American | 414 | $71,305,000 | $172,000 | $1,201,000 | $62,000 | $410,000 |
| Not Provided | 322 | $64,818,000 | $201,000 | $1,610,000 | $67,000 | $650,000 |
| Asian | 74 | $16,656,000 | $225,000 | $952,000 | $72,000 | $600,000 |
| Native Hawaiian or Other Pacific Islander | 54 | $8,827,000 | $163,000 | $720,000 | $66,000 | $251,000 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 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) | 2,621 | $535,043,000 | $204,000 | $1,680,000 | $72,000 | $2,019,000 |
| FHA-insured (Federal Housing Administration) | 175 | $29,098,000 | $166,000 | $438,000 | $45,000 | $187,000 |
| VA-guaranteed (Veterans Administration) | 24 | $3,717,000 | $154,000 | $321,000 | $49,000 | $152,000 |
| 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 | 1,597 | $323,418,000 | $202,000 | $1,342,000 | $70,000 | $2,019,000 |
| Application Denied By Financial Institution | 451 | $91,453,000 | $202,000 | $1,680,000 | $75,000 | $1,204,000 |
| Application Approved But Not Accepted | 350 | $66,924,000 | $191,000 | $995,000 | $69,000 | $624,000 |
| Application Withdrawn By Applicant | 181 | $40,640,000 | $224,000 | $1,330,000 | $77,000 | $1,992,000 |
| File Closed For Incompleteness | 164 | $35,086,000 | $213,000 | $1,120,000 | $75,000 | $777,000 |
| Loan Purchased By The Institution | 77 | $10,337,000 | $134,000 | $492,000 | $40,000 | $368,000 |
| 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 |
|---|---|---|---|---|---|---|
| Employment History | 2 | $134,000 | $67,000 | $107,000 | $47,000 | $47,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $269,000 | $134,000 | $226,000 | $44,000 | $89,000 |
| Other | 2 | $744,000 | $372,000 | $459,000 | $40,000 | $81,000 |
| Unverifiable Information | 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 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Solutions Funding, Inc.'s 2006 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 Solutions Funding, 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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