Collingsworth County, TX Mortgage Lenders & HMDA Data, 2016

In 2016, lenders reported 49 mortgage applications in Collingsworth County, TX totaling $3.9 million, up 36% from 2015. The average application was for $78,000, and applicants reported an average income of $78,000. 41% of applications resulted in an originated loan and 29% were denied. The most active lender was Wellington State Bank, with 16 applications, followed by Amarillo National Bank and Pilgrim Bank.

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Total Number of Mortgage Applications 49
Total Mortgage Loan Application Amount $3,857,000
Average Mortgage Loan Application Amount $78,000
Highest Mortgage Loan Application Amount $309,000
Average Applicant Income $78,000
Highest Applicant Income $263,000
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Top Mortgage Lenders in Collingsworth County, TX (2016)

Ranked by the number of mortgage applications each lender reported in Collingsworth County, TX in 2016.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Wellington State Bank
Wellington, TX
16 $528,000 $33,000 $55,000
2 Amarillo National Bank
Amarillo, TX
3 $187,000 $62,000 $58,000
3 Pilgrim Bank
Pittsburg, TX
2 $90,000 $45,000 $74,000
4 loanDepot.com LLC
Irvine, CA
2 $180,000 $90,000 $58,000
5 Happy State Bank
Amarillo, TX
2 $73,000 $36,000 $153,000
6 Gateway Mortgage Group, LLC
Jenks, OK
2 $299,000 $149,000 $99,000
7 Aspire Financial, Inc.
Dallas, TX
2 $182,000 $91,000 $72,000
8 Interbank
Oklahoma City, OK
2 $53,000 $26,000 $53,000
9 Suntrust Mortgage, Inc.
Richmond, VA
1 $49,000 $49,000 $101,000
10 Amerihome Mortgage Company, LLC
Thousand Oaks, CA
1 $74,000 $74,000 $0

See every lender active in Collingsworth County, TX in 2016 »

The tables below break down 2016 mortgage applications in Collingsworth 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 Collingsworth County, TX in 2016

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 36 $2,980,000 $82,000 $309,000 $78,000 $263,000
Refinancing 9 $788,000 $87,000 $219,000 $65,000 $149,000
Home Improvement 4 $89,000 $22,000 $50,000 $103,000 $201,000

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 34 $2,760,000 $81,000 $309,000 $84,000 $263,000
Hispanic 8 $298,000 $37,000 $74,000 $43,000 $84,000
Not Provided 4 $568,000 $142,000 $201,000 $136,000 $150,000
Not applicable 3 $231,000 $77,000 $108,000 $33,000 $101,000
Native Hawaiin or Other Pacific Islander 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 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) 38 $2,778,000 $73,000 $309,000 $82,000 $206,000
FHA-insured (Federal Housing Administration) 9 $812,000 $90,000 $201,000 $45,000 $150,000
VA-guaranteed (Veterans Administration) 2 $267,000 $133,000 $177,000 $160,000 $263,000
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 20 $1,654,000 $82,000 $309,000 $100,000 $263,000
Application Denied By Financial Institution 14 $916,000 $65,000 $238,000 $54,000 $149,000
Application Withdrawn By Applicant 5 $601,000 $120,000 $219,000 $85,000 $150,000
Application Approved But Not Accepted 5 $373,000 $74,000 $201,000 $91,000 $150,000
Loan Purchased By The Institution 4 $278,000 $69,000 $108,000 $41,000 $101,000
File Closed For Incompleteness 1 $35,000 $35,000 $35,000 $30,000 $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 1 $51,000 $51,000 $51,000 $25,000 $25,000
Collateral 1 $65,000 $65,000 $65,000 $149,000 $149,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 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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