Aransas County, TX Mortgage Lenders & HMDA Data, 2013

In 2013, lenders reported 1,419 mortgage applications in Aransas County, TX totaling $398.1 million, up 8% from 2012. The average application was for $280,000, and applicants reported an average income of $116,000. 52% of applications resulted in an originated loan and 18% were denied. The most active lender was Wells Fargo Bank NA, with 171 applications, followed by JPMorgan Chase Bank, NA and Prosperity Bank.

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Total Number of Mortgage Applications 1,419
Total Mortgage Loan Application Amount $398,078,000
Average Mortgage Loan Application Amount $280,000
Highest Mortgage Loan Application Amount $84,333,000
Average Applicant Income $116,000
Highest Applicant Income $2,653,000
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Top Mortgage Lenders in Aransas County, TX (2013)

Ranked by the number of mortgage applications each lender reported in Aransas County, TX in 2013.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Wells Fargo Bank NA
Minneapolis, MN
171 $26,865,000 $157,000 $122,000
2 JPMorgan Chase Bank, NA
Columbus, OH
101 $17,182,000 $170,000 $107,000
3 Prosperity Bank
El Campo, TX
83 $13,207,000 $159,000 $113,000
4 Bank of America NA
Westlake Village, CA
50 $7,522,000 $150,000 $138,000
5 21st Mortgage
Knoxville, TN
41 $2,208,000 $53,000 $51,000
6 Wolfe Financial Inc
Asheboro, NC
37 $5,831,000 $157,000 $76,000
7 Citibank, NA
New York, NY
34 $6,251,000 $183,000 $168,000
8 US Bank, N.A.
Cincinnati, OH
31 $6,032,000 $194,000 $32,000
9 USAA Federal Savings Bank
San Antonio, TX
30 $4,668,000 $155,000 $79,000
10 Rally Credit Union
Corpus Christi, TX
30 $3,748,000 $124,000 $102,000

See every lender active in Aransas County, TX in 2013 »

The tables below break down 2013 mortgage applications in Aransas 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 Aransas County, TX in 2013

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 742 $142,052,000 $191,000 $14,145,000 $107,000 $1,919,000
Refinancing 593 $252,154,000 $425,000 $84,333,000 $133,000 $2,653,000
Home Improvement 84 $3,872,000 $46,000 $225,000 $76,000 $608,000

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 1,005 $170,305,000 $169,000 $1,188,000 $130,000 $2,653,000
Not Provided 151 $24,842,000 $164,000 $1,160,000 $120,000 $779,000
Hispanic 114 $13,406,000 $117,000 $418,000 $94,000 $1,386,000
Not applicable 112 $184,102,000 $1,643,000 $84,333,000 $30,000 $624,000
Asian 22 $3,166,000 $143,000 $400,000 $69,000 $203,000
Black or African American 9 $779,000 $86,000 $248,000 $55,000 $122,000
American Indian or Alaskan Native 6 $1,478,000 $246,000 $380,000 $116,000 $165,000
Native Hawaiian or Other Pacific Islander 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) 1,138 $208,380,000 $183,000 $14,145,000 $132,000 $2,653,000
FHA-insured (Federal Housing Administration) 170 $171,729,000 $1,010,000 $84,333,000 $54,000 $479,000
VA-guaranteed (Veterans Administration) 79 $13,696,000 $173,000 $578,000 $57,000 $170,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 32 $4,273,000 $133,000 $194,000 $40,000 $68,000

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 731 $142,072,000 $194,000 $14,145,000 $131,000 $2,653,000
Application Denied By Financial Institution 250 $34,660,000 $138,000 $750,000 $104,000 $1,529,000
Loan Purchased By The Institution 222 $184,371,000 $830,000 $84,333,000 $76,000 $731,000
Application Withdrawn By Applicant 124 $22,655,000 $182,000 $1,188,000 $111,000 $660,000
Application Approved But Not Accepted 60 $8,986,000 $149,000 $1,000,000 $136,000 $1,558,000
File Closed For Incompleteness 32 $5,334,000 $166,000 $465,000 $147,000 $650,000
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 57 $4,357,000 $76,000 $336,000 $134,000 $1,529,000
Debt-To-Income Ratio 56 $9,422,000 $168,000 $750,000 $61,000 $400,000
Collateral 29 $4,841,000 $166,000 $686,000 $107,000 $618,000
Credit Application Incomplete 21 $4,157,000 $197,000 $488,000 $132,000 $373,000
Other 21 $3,605,000 $171,000 $633,000 $159,000 $1,212,000
Insufficient Cash (Downpayment, Closing Cost) 8 $885,000 $110,000 $193,000 $57,000 $117,000
Unverifiable Information 4 $655,000 $163,000 $281,000 $278,000 $794,000
Employment History 2 $277,000 $138,000 $164,000 $158,000 $160,000
Mortgage Insurance Denied 1 $111,000 $111,000 $111,000 $130,000 $130,000

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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