360 Mortgage Group, LLC Mortgage Lending & HMDA Data, 2009

In 2009, 360 Mortgage Group, LLC of Austin, TX reported 5,024 mortgage applications totaling $934.9 million, up 363% from 2008. The average application was for $186,090, and applicants reported an average income of $72,474. 65% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Denver-Aurora-Broomfield, CO (916), Houston-Sugar Land-Baytown, TX (765) and Austin-Round Rock, TX (521) (applications in parentheses).

Mortgage Company & Address 360 Mortgage Group, LLC
11305 Four Points Drive, Bldg 1, #200
Austin, TX 78726
Tel #: available with data download
Federal Regulator * available with data download
Years 2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  
Total Number of Mortgage Applications 5,024
Total Mortgage Loan Application Amount $934,917,000
Average Mortgage Loan Application Amount $186,090
Highest Mortgage Loan Application Amount $1,001,000
Average Applicant Income $72,474
Highest Applicant Income $1,252,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records 360 Mortgage Group, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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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Mortgage Loan Application Detail Totals for 360 Mortgage Group, LLC in 2009

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
Refinancing 2,570 $533,636,000 $207,000 $1,001,000 $71,000 $1,198,000
Home Purchase 2,450 $400,651,000 $163,000 $584,000 $74,000 $1,252,000
Home Improvement 4 $630,000 $157,000 $259,000 $85,000 $118,000

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 3,337 $656,513,000 $196,000 $1,001,000 $75,000 $1,252,000
Hispanic 929 $140,641,000 $151,000 $417,000 $59,000 $564,000
Not Provided 326 $65,156,000 $199,000 $417,000 $80,000 $454,000
Asian 205 $35,311,000 $172,000 $417,000 $80,000 $400,000
Black or African American 193 $31,248,000 $161,000 $417,000 $64,000 $330,000
Native Hawaiian or Other Pacific Islander 17 $3,090,000 $181,000 $368,000 $59,000 $112,000
American Indian or Alaskan Native 17 $2,958,000 $174,000 $413,000 $80,000 $145,000
Not applicable 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
FHA-insured (Federal Housing Administration) 2,913 $498,790,000 $171,000 $579,000 $54,000 $454,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 1,723 $357,599,000 $207,000 $1,001,000 $106,000 $1,252,000
VA-guaranteed (Veterans Administration) 388 $78,528,000 $202,000 $442,000 $56,000 $1,020,000
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 3,279 $608,079,000 $185,000 $430,000 $69,000 $913,000
Application Withdrawn By Applicant 815 $153,296,000 $188,000 $857,000 $78,000 $1,252,000
Application Denied By Financial Institution 426 $77,412,000 $181,000 $1,001,000 $74,000 $564,000
Application Approved But Not Accepted 396 $76,230,000 $192,000 $508,000 $86,000 $1,198,000
File Closed For Incompleteness 108 $19,900,000 $184,000 $417,000 $74,000 $220,000
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
Debt-To-Income Ratio 89 $16,227,000 $182,000 $392,000 $62,000 $390,000
Credit History 76 $12,559,000 $165,000 $432,000 $67,000 $363,000
Other 61 $11,855,000 $194,000 $417,000 $89,000 $549,000
Collateral 52 $9,445,000 $181,000 $450,000 $86,000 $564,000
Employment History 18 $2,758,000 $153,000 $341,000 $61,000 $119,000
Unverifiable Information 7 $1,251,000 $178,000 $304,000 $80,000 $161,000
Mortgage Insurance Denied 2 $379,000 $189,000 $200,000 $70,000 $81,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into 360 Mortgage Group, LLC's 2009 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess 360 Mortgage Group, LLC's mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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