Aaa Worldwide Financial Co. Mortgage Lending & HMDA Data, 2008

In 2008, Aaa Worldwide Financial Co. of Addison, TX reported 1,002 mortgage applications totaling $132.6 million, down 57% from 2007. The average application was for $132,373, and applicants reported an average income of $53,164. 13% of its applications resulted in an originated loan and 26% were denied. Its largest markets were Dallas-Plano-Irving, TX (57), Fort Worth-Arlington, TX (43) and Houston-Sugar Land-Baytown, TX (21) (applications in parentheses).

Mortgage Company & Address Aaa Worldwide Financial Co.
5057 Keller Springs Rd, Ste 300
Addison, TX 75001
Tel #: available with data download
Federal Regulator * available with data download
Years 2008  2007  
Total Number of Mortgage Applications 1,002
Total Mortgage Loan Application Amount $132,638,000
Average Mortgage Loan Application Amount $132,373
Highest Mortgage Loan Application Amount $620,000
Average Applicant Income $53,164
Highest Applicant Income $250,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Aaa Worldwide Financial Co. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

Mortgage Loan Application Totals for Aaa Worldwide Financial Co. by County in 2008

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Johnson, Texas 23 $ 2,979,000 $ 129,521 $ 49,000
Dallas, Texas 20 $ 2,552,000 $ 127,600 $ 47,000
Parker, Texas 14 $ 1,817,000 $ 129,785 $ 46,000
Hood, Texas 13 $ 1,358,000 $ 104,461 $ 46,000
Collin, Texas 11 $ 1,750,000 $ 159,090 $ 61,000
Hunt, Texas 10 $ 1,083,000 $ 108,300 $ 37,000
Liberty, Texas 9 $ 1,281,000 $ 142,333 $ 55,000
Denton, Texas 6 $ 823,000 $ 137,166 $ 76,000
Harris, Texas 6 $ 633,000 $ 105,500 $ 69,000
Saline, Arkansas 5 $ 660,000 $ 132,000 $ 46,000
Kaufman, Texas 5 $ 548,000 $ 109,600 $ 55,000
Mobile, Alabama 4 $ 517,000 $ 129,250 $ 40,000
Orangeburg, South Carolina 4 $ 424,000 $ 106,000 $ 47,000
Rockwall, Texas 4 $ 716,000 $ 179,000 $ 64,000
St. Clair, Alabama 3 $ 389,000 $ 129,666 $ 53,000
St. Tammany, Louisiana 3 $ 319,000 $ 106,333 $ 45,000
Mecklenburg, North Carolina 3 $ 420,000 $ 140,000 $ 93,000
Bowie, Texas 3 $ 290,000 $ 96,666 $ 46,000
Brown, Texas 3 $ 447,000 $ 149,000 $ 42,000
Galveston, Texas 3 $ 398,000 $ 132,666 $ 53,000
Henderson, Texas 3 $ 307,000 $ 102,333 $ 48,000
Tarrant, Texas 3 $ 403,000 $ 134,333 $ 65,000
Wise, Texas 3 $ 385,000 $ 128,333 $ 50,000
Barbour, Alabama 2 $ 166,000 $ 83,000 $ 24,000
Maricopa, Arizona 2 $ 507,000 $ 253,500 $ 66,000
Benton, Arkansas 2 $ 357,000 $ 178,500 $ 56,000
Lonoke, Arkansas 2 $ 188,000 $ 94,000 $ 29,000
Cook, Illinois 2 $ 465,000 $ 232,500 $ 59,000
DuPage, Illinois 2 $ 592,000 $ 296,000 $ 116,000
Caddo, Louisiana 2 $ 290,000 $ 145,000 $ 75,000
Hancock, Mississippi 2 $ 275,000 $ 137,500 $ 62,000
Jackson, Mississippi 2 $ 239,000 $ 119,500 $ 65,000
Randolph, North Carolina 2 $ 230,000 $ 115,000 $ 41,000
Tulsa, Oklahoma 2 $ 302,000 $ 151,000 $ 65,000
Calhoun, South Carolina 2 $ 222,000 $ 111,000 $ 41,000
Ellis, Texas 2 $ 202,000 $ 101,000 $ 37,000
Grayson, Texas 2 $ 260,000 $ 130,000 $ 64,000
Navarro, Texas 2 $ 207,000 $ 103,500 $ 35,000
Travis, Texas 2 $ 324,000 $ 162,000 $ 73,000
Van Zandt, Texas 2 $ 310,000 $ 155,000 $ 50,000
Bullock, Alabama 1 $ 92,000 $ 92,000 $ 32,000
Cherokee, Alabama 1 $ 91,000 $ 91,000 $ 31,000
Clarke, Alabama 1 $ 79,000 $ 79,000 $ 24,000
Crenshaw, Alabama 1 $ 162,000 $ 162,000 $ 53,000
Elmore, Alabama 1 $ 98,000 $ 98,000 $ 45,000
Monroe, Alabama 1 $ 116,000 $ 116,000 $ 47,000
Faulkner, Arkansas 1 $ 136,000 $ 136,000 $ 37,000
Grant, Arkansas 1 $ 94,000 $ 94,000 $ 0
Hot Spring, Arkansas 1 $ 109,000 $ 109,000 $ 40,000
Lafayette, Arkansas 1 $ 88,000 $ 88,000 $ 0
Pike, Arkansas 1 $ 88,000 $ 88,000 $ 38,000
Pulaski, Arkansas 1 $ 275,000 $ 275,000 $ 142,000
Las Animas, Colorado 1 $ 203,000 $ 203,000 $ 80,000
Baker, Florida 1 $ 153,000 $ 153,000 $ 60,000
Duval, Florida 1 $ 92,000 $ 92,000 $ 32,000
Santa Rosa, Florida 1 $ 131,000 $ 131,000 $ 80,000
Haralson, Georgia 1 $ 81,000 $ 81,000 $ 24,000
Warren, Kentucky 1 $ 101,000 $ 101,000 $ 38,000
Bossier, Louisiana 1 $ 142,000 $ 142,000 $ 72,000
East Baton Rouge, Louisiana 1 $ 260,000 $ 260,000 $ 81,000
East Feliciana, Louisiana 1 $ 90,000 $ 90,000 $ 48,000
Iberia, Louisiana 1 $ 98,000 $ 98,000 $ 44,000
Jefferson Davis, Louisiana 1 $ 125,000 $ 125,000 $ 54,000
Livingston, Louisiana 1 $ 179,000 $ 179,000 $ 54,000
Ouachita, Louisiana 1 $ 132,000 $ 132,000 $ 56,000
Terrebonne, Louisiana 1 $ 147,000 $ 147,000 $ 65,000
Vermilion, Louisiana 1 $ 198,000 $ 198,000 $ 74,000
Berrien, Michigan 1 $ 182,000 $ 182,000 $ 112,000
Grenada, Mississippi 1 $ 56,000 $ 56,000 $ 62,000
Clay, Missouri 1 $ 162,000 $ 162,000 $ 46,000
Eddy, New Mexico 1 $ 146,000 $ 146,000 $ 52,000
Caldwell, North Carolina 1 $ 87,000 $ 87,000 $ 39,000
Guilford, North Carolina 1 $ 162,000 $ 162,000 $ 74,000
Robeson, North Carolina 1 $ 118,000 $ 118,000 $ 49,000
McIntosh, Oklahoma 1 $ 97,000 $ 97,000 $ 32,000
Multnomah, Oregon 1 $ 194,000 $ 194,000 $ 44,000
Allendale, South Carolina 1 $ 107,000 $ 107,000 $ 0
Barnwell, South Carolina 1 $ 100,000 $ 100,000 $ 25,000
Dorchester, South Carolina 1 $ 128,000 $ 128,000 $ 44,000
Lee, South Carolina 1 $ 100,000 $ 100,000 $ 56,000
Lexington, South Carolina 1 $ 109,000 $ 109,000 $ 45,000
Davidson, Tennessee 1 $ 214,000 $ 214,000 $ 60,000
Sullivan, Tennessee 1 $ 104,000 $ 104,000 $ 47,000
Brazoria, Texas 1 $ 124,000 $ 124,000 $ 44,000
Brazos, Texas 1 $ 110,000 $ 110,000 $ 46,000
Caldwell, Texas 1 $ 165,000 $ 165,000 $ 91,000
Callahan, Texas 1 $ 149,000 $ 149,000 $ 68,000
Chambers, Texas 1 $ 156,000 $ 156,000 $ 60,000
Comal, Texas 1 $ 129,000 $ 129,000 $ 68,000
El Paso, Texas 1 $ 198,000 $ 198,000 $ 58,000
Erath, Texas 1 $ 76,000 $ 76,000 $ 26,000
Fort Bend, Texas 1 $ 141,000 $ 141,000 $ 72,000
Freestone, Texas 1 $ 123,000 $ 123,000 $ 65,000
Grimes, Texas 1 $ 204,000 $ 204,000 $ 120,000
Guadalupe, Texas 1 $ 73,000 $ 73,000 $ 45,000
Hays, Texas 1 $ 114,000 $ 114,000 $ 76,000
Hopkins, Texas 1 $ 113,000 $ 113,000 $ 65,000
Jasper, Texas 1 $ 104,000 $ 104,000 $ 56,000
Lavaca, Texas 1 $ 116,000 $ 116,000 $ 55,000
Limestone, Texas 1 $ 103,000 $ 103,000 $ 44,000
Lubbock, Texas 1 $ 170,000 $ 170,000 $ 94,000
Montgomery, Texas 1 $ 70,000 $ 70,000 $ 46,000
Rusk, Texas 1 $ 186,000 $ 186,000 $ 133,000
Scurry, Texas 1 $ 116,000 $ 116,000 $ 54,000
Shelby, Texas 1 $ 87,000 $ 87,000 $ 53,000
Smith, Texas 1 $ 95,000 $ 95,000 $ 62,000
Stephens, Texas 1 $ 170,000 $ 170,000 $ 61,000
Titus, Texas 1 $ 144,000 $ 144,000 $ 60,000
Upshur, Texas 1 $ 98,000 $ 98,000 $ 50,000

Mortgage Loan Application Detail Totals for Aaa Worldwide Financial Co. 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 Purchase 681 $83,789,000 $123,000 $407,000 $49,000 $211,000
Refinancing 321 $48,849,000 $152,000 $620,000 $62,000 $250,000
Home Improvement 0 $0 $0 $0 $0 $0

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 489 $65,577,000 $134,000 $620,000 $56,000 $172,000
Not Provided 264 $34,536,000 $130,000 $434,000 $51,000 $250,000
Hispanic 135 $16,637,000 $123,000 $271,000 $50,000 $133,000
Black or African American 102 $13,962,000 $136,000 $519,000 $52,000 $174,000
Asian 8 $1,447,000 $180,000 $296,000 $65,000 $116,000
American Indian or Alaskan Native 3 $372,000 $124,000 $128,000 $52,000 $62,000
Native Hawaiian or Other Pacific Islander 1 $107,000 $107,000 $107,000 $46,000 $46,000
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) 824 $104,830,000 $127,000 $340,000 $51,000 $156,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 173 $26,986,000 $155,000 $620,000 $63,000 $250,000
VA-guaranteed (Veterans Administration) 5 $822,000 $164,000 $203,000 $73,000 $120,000
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
Application Withdrawn By Applicant 607 $83,142,000 $136,000 $620,000 $56,000 $250,000
Application Denied By Financial Institution 262 $31,576,000 $120,000 $326,000 $46,000 $159,000
Loan Originated 129 $17,297,000 $134,000 $362,000 $56,000 $120,000
File Closed For Incompleteness 3 $464,000 $154,000 $196,000 $69,000 $120,000
Application Approved But Not Accepted 1 $159,000 $159,000 $159,000 $83,000 $83,000
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 182 $20,988,000 $115,000 $271,000 $43,000 $159,000
Credit History 56 $7,841,000 $140,000 $326,000 $54,000 $146,000
Insufficient Cash (Downpayment, Closing Cost) 15 $1,797,000 $119,000 $203,000 $53,000 $101,000
Credit Application Incomplete 5 $628,000 $125,000 $143,000 $46,000 $59,000
Collateral 0 $0 $0 $0 $0 $0
Employment History 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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Aaa Worldwide Financial Co.'s 2008 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 Aaa Worldwide Financial Co.'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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