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Alkan Mortgage Corporation in Florida

HMDA record for properties in Florida, calendar year 2024. National record · Florida overview

LEI 5493005PT09Z02WXW551
Reporting agency Department of Housing and Urban Development
State Florida

HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.

In Florida, Alkan Mortgage Corporation reported 919 applications and 828 originations for 2024, $286m in all.

Its denial rate in the state was 7.2%, below the Florida rate of 29.0% across all lenders and compared with the lender's national rate of 7.5%.

The median rate spread on its Florida originations was 0.7 percentage points (state median 0.3).

Applications in the state were up 114% on 2023.

919applications in FL, 202498.5% of the lender's total
828loans originated$286m
7.2%denial rateFL all lenders 29.0%
0.7 ppmedian rate spreadFL 0.3 pp

Compared with the state and the lender's national record

MeasureIn FloridaFlorida, all lendersAlkan Mortgage Corporation, all statesUnited States
Denial rate7.2%29.0%7.5%24.3%
Median rate spread, pp0.70.30.70.3
Originations with spread of 1.5 pp or more15.8%16.4%16.0%15.6%
Average originated loan$345k$359k$347k$329k
Home purchase share87.6%62.9%87.5%57.0%
FHA-insured share24.8%17.7%24.6%13.4%
VA-guaranteed share7.9%9.5%7.9%7.9%

Trend by year

ApplicationsOriginations

0459.59192022: 250 Applications2023: 430 Applications2024: 919 Applications2022: 23 Originations2023: 5 Originations2024: 828 Originations202220232024
Alkan Mortgage Corporation in Florida: applications and originations, 2022–2024

This lender in stateFlorida, all lenders

0%23.1%46.1%2022: 9.8% This lender in state2023: 46.1% This lender in state2024: 7.2% This lender in state202220232024
Denial rate by year, state rate dashed

Loan purpose and loan type in Florida

By purpose

Home purchase 88% (725)Refinancing 2% (18)Cash-out refinancing 10% (80)Other purpose 1% (5)

By type

Conventional 67% (557)FHA 25% (205)VA 8% (65)USDA 0% (1)

Denial reasons as coded

Debt-to-income ratio21.5%
Collateral21.5%
Insufficient cash (downpayment, closing costs)21.5%
Credit history12.3%
Unverifiable information10.8%
Other6.2%
Employment history3.1%
Credit application incomplete3.1%
Mortgage insurance denied0%

Share of 65 denials in Florida by first denial reason coded (outlined bar: all lenders in the state).

Counties in Florida

CountyApplicationsOriginationsAmountDenial rate
Orange County181166$72m6.2%
Volusia County147136$40m2.9%
Seminole County119113$42m3.4%
Brevard County9181$25m5.7%
Polk County9478$21m15.1%
Lake County8576$25m8.4%
Osceola County5852$17m7.0%

Counties with at least 25 applications, by originations.

Questions and answers

How many mortgages did Alkan Mortgage Corporation originate in Florida in 2024?

828 loans totalling $286m, from 919 applications reported for properties in Florida.

What is Alkan Mortgage Corporation's denial rate in Florida?

7.2% of decided applications in Florida were denied, against 29.0% for all lenders in the state and 7.5% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.

Which Florida counties does Alkan Mortgage Corporation lend in most?

By originations: Orange County (166), Volusia County (136), Seminole County (113), Brevard County (81), Polk County (78).

Where does this data come from?

From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.

Provenance

Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in Florida. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.