Angelina County, TX Mortgage Lenders & HMDA Data, 2005

In 2005, lenders reported 3,603 mortgage applications in Angelina County, TX totaling $293.4 million, down 5% from 2004. The average application was for $81,000, and applicants reported an average income of $58,000. 34% of applications resulted in an originated loan and 27% were denied. The most active lender was Ameriquest Mortgage Company, with 284 applications, followed by Vanderbilt Mortgage and Countrywide Home Loans.

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Total Number of Mortgage Applications 3,603
Total Mortgage Loan Application Amount $293,425,000
Average Mortgage Loan Application Amount $81,000
Highest Mortgage Loan Application Amount $1,733,000
Average Applicant Income $58,000
Highest Applicant Income $1,368,000
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Top Mortgage Lenders in Angelina County, TX (2005)

Ranked by the number of mortgage applications each lender reported in Angelina County, TX in 2005.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Ameriquest Mortgage Company
Orange, CA
284 $26,065,000 $91,000 $76,000
2 Vanderbilt Mortgage
Maryville, TN
181 $7,122,000 $39,000 $31,000
3 Countrywide Home Loans
Westlake Village, CA
170 $16,673,000 $98,000 $59,000
4 Nationstar Mortgage
Coppell, TX
170 $12,242,000 $72,000 $59,000
5 Home123 Corporation
Irvine, CA
152 $31,882,000 $209,000 $65,000
6 Bank of America, N.A.
Calabasas, CA
149 $10,463,000 $70,000 $58,000
7 Washington Mutual Bank
Albion, NY
134 $11,235,000 $83,000 $37,000
8 First Bank & Trust East Texas
Diboll, TX
132 $12,463,000 $94,000 $77,000
9 Capital One NA
Baton Rouge, LA
118 $6,731,000 $57,000 $81,000
10 Regions Bank
Birmingham, AL
97 $7,831,000 $80,000 $50,000

See every lender active in Angelina County, TX in 2005 »

The tables below break down 2005 mortgage applications in Angelina County, TX by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Angelina County, TX 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
Home Purchase 1,796 $143,480,000 $79,000 $650,000 $56,000 $682,000
Refinancing 1,463 $123,685,000 $84,000 $466,000 $58,000 $1,368,000
Home Improvement 344 $26,260,000 $76,000 $1,733,000 $67,000 $906,000

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 2,078 $176,729,000 $85,000 $650,000 $66,000 $720,000
Not Provided 494 $42,397,000 $85,000 $645,000 $67,000 $1,368,000
Black or African American 356 $26,498,000 $74,000 $466,000 $51,000 $864,000
Hispanic 331 $21,686,000 $65,000 $635,000 $44,000 $684,000
Not applicable 301 $19,219,000 $63,000 $580,000 $14,000 $1,129,000
Asian 26 $3,656,000 $140,000 $300,000 $94,000 $250,000
American Indian or Alaskan Native 14 $2,984,000 $213,000 $1,733,000 $66,000 $450,000
Native Hawaiian or Other Pacific Islander 3 $256,000 $85,000 $133,000 $89,000 $130,000

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) 3,370 $271,616,000 $80,000 $1,733,000 $60,000 $1,368,000
FHA-insured (Federal Housing Administration) 160 $13,428,000 $83,000 $153,000 $35,000 $282,000
VA-guaranteed (Veterans Administration) 70 $8,159,000 $116,000 $250,000 $43,000 $184,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3 $222,000 $74,000 $82,000 $35,000 $42,000

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 1,233 $102,802,000 $83,000 $650,000 $64,000 $638,000
Application Denied By Financial Institution 970 $63,755,000 $65,000 $400,000 $55,000 $1,129,000
Loan Purchased By The Institution 534 $40,741,000 $76,000 $399,000 $28,000 $312,000
Application Withdrawn By Applicant 453 $51,457,000 $113,000 $1,733,000 $66,000 $682,000
Application Approved But Not Accepted 230 $16,975,000 $73,000 $414,000 $62,000 $511,000
File Closed For Incompleteness 183 $17,695,000 $96,000 $645,000 $97,000 $1,368,000
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
Credit History 257 $15,661,000 $60,000 $340,000 $50,000 $600,000
Other 257 $19,659,000 $76,000 $400,000 $61,000 $864,000
Credit Application Incomplete 76 $5,554,000 $73,000 $280,000 $50,000 $160,000
Collateral 68 $4,839,000 $71,000 $170,000 $71,000 $456,000
Debt-To-Income Ratio 52 $4,233,000 $81,000 $224,000 $64,000 $1,129,000
Employment History 13 $845,000 $65,000 $134,000 $43,000 $102,000
Unverifiable Information 11 $935,000 $85,000 $160,000 $65,000 $136,000
Insufficient Cash (Downpayment, Closing Cost) 7 $496,000 $70,000 $135,000 $48,000 $80,000
Mortgage Insurance Denied 1 $117,000 $117,000 $117,000 $87,000 $87,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

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