Brown County, TX Mortgage Lenders & HMDA Data, 2005

In 2005, lenders reported 1,755 mortgage applications in Brown County, TX totaling $134.9 million, about the same as 2004. The average application was for $76,000, and applicants reported an average income of $63,000. 30% of applications resulted in an originated loan and 28% were denied. The most active lender was Ameriquest Mortgage Company, with 143 applications, followed by Nationstar Mortgage and Bank of America, N.A..

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Total Number of Mortgage Applications 1,755
Total Mortgage Loan Application Amount $134,909,000
Average Mortgage Loan Application Amount $76,000
Highest Mortgage Loan Application Amount $677,000
Average Applicant Income $63,000
Highest Applicant Income $1,670,000
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Top Mortgage Lenders in Brown County, TX (2005)

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

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Ameriquest Mortgage Company
Orange, CA
143 $13,277,000 $92,000 $200,000
2 Nationstar Mortgage
Coppell, TX
96 $6,340,000 $66,000 $48,000
3 Bank of America, N.A.
Calabasas, CA
71 $4,668,000 $65,000 $43,000
4 Vanderbilt Mortgage
Maryville, TN
66 $2,905,000 $44,000 $40,000
5 Countrywide Home Loans
Westlake Village, CA
64 $6,168,000 $96,000 $59,000
6 Argent Mortgage Company
Orange, CA
60 $5,479,000 $91,000 $49,000
7 Citimortgage, Inc
New York, NY
54 $3,790,000 $70,000 $57,000
8 Wells Fargo Bank, NA
Des Moines, IA
53 $5,479,000 $103,000 $58,000
9 Beneficial Company LLC
Mettawa, IL
52 $2,639,000 $50,000 $49,000
10 Allied Home Mortgage Corp.
Houston, TX
52 $3,235,000 $62,000 $29,000

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

The tables below break down 2005 mortgage applications in Brown 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 Brown 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 828 $60,986,000 $73,000 $394,000 $70,000 $1,670,000
Refinancing 754 $64,037,000 $84,000 $677,000 $55,000 $1,200,000
Home Improvement 173 $9,886,000 $57,000 $554,000 $60,000 $672,000

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 1,106 $86,170,000 $77,000 $677,000 $66,000 $1,200,000
Not Provided 288 $25,055,000 $86,000 $503,000 $80,000 $1,526,000
Hispanic 166 $10,690,000 $64,000 $450,000 $49,000 $551,000
Not applicable 134 $9,371,000 $69,000 $420,000 $10,000 $232,000
Black or African American 50 $3,064,000 $61,000 $158,000 $84,000 $1,670,000
American Indian or Alaskan Native 6 $296,000 $49,000 $133,000 $38,000 $65,000
Asian 3 $206,000 $68,000 $136,000 $36,000 $40,000
Native Hawaiian or Other Pacific Islander 2 $57,000 $28,000 $52,000 $28,000 $39,000

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) 1,539 $120,894,000 $78,000 $677,000 $68,000 $1,670,000
FHA-insured (Federal Housing Administration) 192 $12,124,000 $63,000 $123,000 $31,000 $200,000
VA-guaranteed (Veterans Administration) 13 $1,136,000 $87,000 $177,000 $18,000 $76,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 11 $755,000 $68,000 $92,000 $35,000 $54,000

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 519 $41,406,000 $79,000 $677,000 $83,000 $1,670,000
Application Denied By Financial Institution 489 $30,848,000 $63,000 $450,000 $53,000 $1,200,000
Loan Purchased By The Institution 266 $19,222,000 $72,000 $420,000 $25,000 $251,000
Application Withdrawn By Applicant 263 $27,758,000 $105,000 $503,000 $68,000 $590,000
Application Approved But Not Accepted 138 $8,578,000 $62,000 $352,000 $58,000 $253,000
File Closed For Incompleteness 78 $6,837,000 $87,000 $280,000 $94,000 $1,200,000
Preapproval Denied by Financial Institution 2 $260,000 $130,000 $130,000 $0 $0
Preapproval Approved but not Accepted 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
Other 127 $9,277,000 $73,000 $273,000 $59,000 $1,200,000
Credit History 91 $5,376,000 $59,000 $450,000 $46,000 $264,000
Collateral 49 $3,732,000 $76,000 $353,000 $71,000 $336,000
Credit Application Incomplete 27 $1,980,000 $73,000 $221,000 $73,000 $300,000
Debt-To-Income Ratio 22 $1,441,000 $65,000 $268,000 $37,000 $78,000
Unverifiable Information 7 $575,000 $82,000 $155,000 $53,000 $115,000
Insufficient Cash (Downpayment, Closing Cost) 2 $86,000 $43,000 $56,000 $39,000 $42,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

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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