Kenedy County, TX Mortgage Lenders & HMDA Data, 2008

In 2008, lenders reported 5 mortgage applications in Kenedy County, TX totaling $270,000, down 17% from 2007. The average application was for $54,000, and applicants reported an average income of $79,000. 60% of applications resulted in an originated loan and 20% were denied. The most active lender was Beneficial Company LLC, with 2 applications, followed by Citifinancial Inc and Texas Champion Bank.

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Total Number of Mortgage Applications 5
Total Mortgage Loan Application Amount $270,000
Average Mortgage Loan Application Amount $54,000
Highest Mortgage Loan Application Amount $133,000
Average Applicant Income $79,000
Highest Applicant Income $101,000

Mortgage Company List for Lending in Kenedy County, TX for 2008

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Beneficial Company LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 2 $ 70,000
Citifinancial Inc
300 ST PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 1 $ 25,000
Texas Champion Bank
P. O. BOX 270550
CORPUS CHRISTI, TX 78427
* $ 294,885,000 1 $ 42,000
Lone Star National Bank
206 WEST FERGUSON
PHARR, TX 78577
* $ 1,578,145,000 1 $ 133,000

The tables below break down 2008 mortgage applications in Kenedy 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 Kenedy County, TX in 2008

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 Improvement 2 $70,000 $35,000 $35,000 $101,000 $101,000
Refinancing 2 $158,000 $79,000 $133,000 $49,000 $59,000
Home Purchase 1 $42,000 $42,000 $42,000 $97,000 $97,000

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
Hispanic 4 $228,000 $57,000 $133,000 $75,000 $101,000
White 1 $42,000 $42,000 $42,000 $97,000 $97,000
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
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Not Provided 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) 5 $270,000 $54,000 $133,000 $79,000 $101,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 3 $200,000 $66,000 $133,000 $65,000 $97,000
Application Denied By Financial Institution 1 $35,000 $35,000 $35,000 $101,000 $101,000
File Closed For Incompleteness 1 $35,000 $35,000 $35,000 $101,000 $101,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 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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