Coke County, TX Mortgage Lenders & HMDA Data, 2007

In 2007, lenders reported 118 mortgage applications in Coke County, TX totaling $9.0 million, down 28% from 2006. The average application was for $76,000, and applicants reported an average income of $78,000. 42% of applications resulted in an originated loan and 25% were denied. The most active lender was JPMorgan Chase Bank, NA, with 10 applications, followed by Countrywide Home Loans and Citimortgage, Inc.

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Total Number of Mortgage Applications 118
Total Mortgage Loan Application Amount $8,991,000
Average Mortgage Loan Application Amount $76,000
Highest Mortgage Loan Application Amount $400,000
Average Applicant Income $78,000
Highest Applicant Income $600,000
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Top Mortgage Lenders in Coke County, TX (2007)

Ranked by the number of mortgage applications each lender reported in Coke County, TX in 2007.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 JPMorgan Chase Bank, NA
Columbus, OH
10 $1,130,000 $113,000 $43,000
2 Countrywide Home Loans
Westlake Village, CA
8 $687,000 $85,000 $59,000
3 Citimortgage, Inc
New York, NY
7 $564,000 $80,000 $57,000
4 Beneficial Company LLC
Mettawa, IL
7 $615,000 $87,000 $74,000
5 Wells Fargo Bank, NA
Des Moines, IA
7 $394,000 $56,000 $55,000
6 Washington Mutual Bank
Albion, NY
7 $461,000 $65,000 $140,000
7 1st Advantage Mortgage
Lombard, IL
5 $301,000 $60,000 $33,000
8 Colonial Savings, F. A.
Fort Worth, TX
5 $396,000 $79,000 $92,000
9 Ntfn, Inc.
Plano, TX
5 $584,000 $116,000 $72,000
10 Countrywide Bank FSB
Westlake Village, CA
4 $254,000 $63,000 $78,000

See every lender active in Coke County, TX in 2007 »

The tables below break down 2007 mortgage applications in Coke 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 Coke County, TX in 2007

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 66 $4,747,000 $71,000 $137,000 $73,000 $317,000
Refinancing 36 $3,718,000 $103,000 $400,000 $94,000 $600,000
Home Improvement 16 $526,000 $32,000 $86,000 $65,000 $360,000

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 89 $7,250,000 $81,000 $400,000 $87,000 $600,000
Hispanic 12 $714,000 $59,000 $96,000 $63,000 $91,000
Not applicable 9 $662,000 $73,000 $185,000 $39,000 $108,000
Not Provided 6 $350,000 $58,000 $96,000 $54,000 $103,000
Black or African American 1 $5,000 $5,000 $5,000 $24,000 $24,000
American Indian or Alaskan Native 1 $10,000 $10,000 $10,000 $26,000 $26,000
Asian 0 $0 $0 $0 $0 $0
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) 98 $7,344,000 $74,000 $400,000 $86,000 $600,000
FHA-insured (Federal Housing Administration) 16 $1,389,000 $86,000 $137,000 $40,000 $63,000
VA-guaranteed (Veterans Administration) 4 $258,000 $64,000 $96,000 $36,000 $60,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0

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 49 $3,493,000 $71,000 $231,000 $79,000 $600,000
Application Denied By Financial Institution 29 $2,064,000 $71,000 $157,000 $98,000 $315,000
Loan Purchased By The Institution 25 $1,968,000 $78,000 $231,000 $57,000 $244,000
Application Withdrawn By Applicant 9 $1,110,000 $123,000 $400,000 $72,000 $117,000
Application Approved But Not Accepted 4 $220,000 $55,000 $121,000 $109,000 $317,000
File Closed For Incompleteness 2 $136,000 $68,000 $96,000 $20,000 $30,000
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 6 $365,000 $60,000 $92,000 $130,000 $315,000
Collateral 4 $352,000 $88,000 $121,000 $109,000 $293,000
Other 4 $308,000 $77,000 $157,000 $75,000 $117,000
Debt-To-Income Ratio 2 $174,000 $87,000 $122,000 $187,000 $311,000
Employment History 1 $61,000 $61,000 $61,000 $70,000 $70,000
Credit Application Incomplete 1 $50,000 $50,000 $50,000 $39,000 $39,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 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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