LEI 5493004LAP3ULXM1YB66 · Miami, FL

First Equity Mortgage Bankers Inc.

Originated-loan volume lands in the upper fleet tercile (500 funded) among 913 reported applications in the 2024 HMDA Snapshot.

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Originated-volume tercile vs fleet

First Equity Mortgage Bankers Inc. funded 500 mortgages, upper fleet tercile (above ~310 originations), ranking #1,228 of 4,908 by originated-loan volume and sits below the 1,000-application origination-share board (913 applications).

n/a
Below 1,000-app share board
54.8%
Origination share
500
Originated
17.1%
Denial rate

According to the CFPB HMDA 2024 Snapshot. Origination share is originated divided by applications among reporters with 1,000+ applications. Denial share and origination share do not sum to 100% because HMDA also records withdrawals, incompletes, and purchased loans. See /methodology#corpus-placement. Informational reporting, not mortgage advice.

Where First Equity Mortgage Bankers Inc. sits by reported originations

2024 CFPB HMDA reporting lenders, bucketed by originated-loan count

500 Top 25% higher than 75% of 4,908 reporting lenders

This lender 0 400,000 reporting lenders, grouped by originated loans

Each bar is a 50,000-originated loans band. The dashed line and filled bar mark this lender. Hover, tap, or focus a bar for its count and population share.

Source CFPB Home Mortgage Disclosure Act loan/application register · 2024 reporting year

Loan types by applications · First Equity Mortgage Banke…

Application volume by HMDA loan type in this lender's 2024 book.

Loan mix
1. Conventional4262. FHA4013. USDA554. VA31
0%100%54.8%
Origination share · First Equity Mortgage Banke…

Cited denial reasons · First Equity Mortgage Banke…

Lender-reported HMDA denial-reason counts (top reasons shown).

Denial mix
1. Collateral812. Credit application incomp…583. Debt-to-income ratio464. Insufficient cash455. Other306. Credit history157. Unverifiable information88. Employment history6

High-volume book. First Equity Mortgage Bankers Inc. funded 500 mortgages, above the fleet upper tercile (~310 originations) - so absolute denial and purpose counts matter more here than at thin reporters. Most-cited denial codes: Collateral, Credit application incomplete, Debt-to-income ratio. Program weight concentrates in Conventional (426 applications).

How to read First Equity Mortgage Bankers Inc.. These figures are aggregate HMDA disclosures for this lender's 2024 book, not any one file. Rates reflect applicant mix (credit, LTV, DTI, geography) as much as underwriting posture. Informational data reporting, not financial, legal, or mortgage advice. Source vintage: CFPB HMDA 2024 Snapshot.

Avg Interest Rate: 7.055% Avg Applicant Income: $39,000

Lending activity by loan program · First Equity Mortgage Banke…

First Equity Mortgage Bankers Inc. filed most under Conventional. Applications, originations and denials are separate outcomes of the same filing, so the columns do not sum.

Type Applications Originated Denied Avg Loan
Conventional 426 254 58 $392,300
FHA 401 205 85 $165,224
USDA 55 22 12 $140,091
VA 31 19 1 $359,194

Source: CFPB Home Mortgage Disclosure Act (HMDA) loan/application register HMDA 2024 LAR, application-level mortgage data for First Equity Mortgage Bankers Inc. (LEI: 5493004LAP3ULXM1YB66) · 2024 HMDA reports filed annually; covers applications received during the calendar year. Approval rates exclude withdrawn / incomplete applications. Denial reasons are lender-reported.

Why borrowers applied

Purchase, refinance and cash-out are reported as distinct purposes; average loan size usually separates them more sharply than volume does.

Purpose Applications Originated Avg Loan
Home Purchase 841 465 $270,434
Refinancing 67 32 $354,254
Other 4 2 $135,000
Cash-out Refinancing 1 1 $505,000

Reported outcomes by applicant race

CFPB derived race categories. HMDA carries no credit score, debt-to-income ratio or down payment, so a gap between these rows is an outcome difference and never, on its own, evidence of discrimination.

Race Applications Approval Rate Denial Rate
White 832 54.3% 18.1%
Black or African American * 27 66.7% 7.4%
Joint * 7 57.1% 14.3%
American Indian or Alaska Native * 2 0.0% 50.0%
Asian * 2 100.0% 0.0%
2 or more minority races * 1 100.0% 0.0%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Reported outcomes by applicant ethnicity

Hispanic or Latino is an ethnicity, not a race, and is reported separately per U.S. Census Bureau standards. The same limitation applies: HMDA records the outcome, not the underwriting inputs behind it.

Ethnicity Applications Approval Rate Denial Rate
Hispanic or Latino 800 53.5% 18.8%
Not Hispanic or Latino 90 66.7% 5.6%
Joint * 7 71.4% 14.3%

* Fewer than 50 applications -- percentages for this group have wide statistical uncertainty and should not be read as precise.

Nearby Lenders in FL

Other HMDA-reporting lenders in FL with similar activity. Compare any two side-by-side.

One of 151 other HMDA-reporting lenders in FL, 5 are shown here.

Read with First Equity Mortgage Bankers Inc.

Source: Consumer Financial Protection Bureau (CFPB), Home Mortgage Disclosure Act (HMDA) 2024 for First Equity Mortgage Bankers Inc. (LEI 5493004LAP3ULXM1YB66).

Data from FFIEC / CFPB HMDA Snapshot National Loan-Level Dataset (2024). Informational only, not mortgage advice for applicants at First Equity Mortgage Bankers Inc..

Every figure on PlainLender is rendered directly from CFPB HMDA federal source data, no number is typed in by an editor. This First Equity Mortgage Bankers Inc. page draws directly on CFPB HMDA federal source data, no figure is typed in by an editor. See our editorial standards & corrections policy, the methodology behind these numbers, or report a data error. Data current as of 2026-08-10. HMDA figures are lender-filed application outcomes for a published reporting year - not creditworthiness scores, rate quotes, Loan Estimates, underwriting decisions, or mortgage advice.