Afb&T Mortgage Lending & HMDA Data, 2009
In 2009, Afb&T of Athens, GA reported 432 mortgage applications totaling $50.3 million, up 4% from 2008. The average application was for $116,504, and applicants reported an average income of $95,182. 82% of its applications resulted in an originated loan and 12% were denied. Its largest markets were Athens-Clarke County, GA (157), Atlanta-Sandy Springs-Marietta, GA (139) and Augusta-Richmond County, GA-SC (37) (applications in parentheses).
| Mortgage Company & Address | Afb&T Po Box 1747 Athens, GA 30603 |
| Federal Regulator | * available with data download |
| Years | 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 432 |
| Total Mortgage Loan Application Amount | $50,330,000 |
| Average Mortgage Loan Application Amount | $116,504 |
| Highest Mortgage Loan Application Amount | $1,772,000 |
| Average Applicant Income | $95,182 |
| Highest Applicant Income | $2,700,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Afb&T filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for Afb&T 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 | 181 | $18,790,000 | $103,000 | $466,000 | $74,000 | $1,508,000 |
| Home Purchase | 175 | $28,851,000 | $164,000 | $1,772,000 | $115,000 | $1,356,000 |
| Home Improvement | 76 | $2,689,000 | $35,000 | $355,000 | $100,000 | $2,700,000 |
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 | 292 | $31,925,000 | $109,000 | $950,000 | $122,000 | $2,700,000 |
| Not applicable | 86 | $13,206,000 | $153,000 | $1,772,000 | $0 | $0 |
| Black or African American | 29 | $1,318,000 | $45,000 | $348,000 | $50,000 | $140,000 |
| Not Provided | 11 | $2,273,000 | $206,000 | $600,000 | $138,000 | $280,000 |
| Asian | 6 | $822,000 | $137,000 | $375,000 | $163,000 | $542,000 |
| Hispanic | 3 | $85,000 | $28,000 | $66,000 | $30,000 | $35,000 |
| Native Hawaiian or Other Pacific Islander | 3 | $559,000 | $186,000 | $253,000 | $217,000 | $400,000 |
| American Indian or Alaskan Native | 2 | $142,000 | $71,000 | $75,000 | $346,000 | $605,000 |
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) | 432 | $50,330,000 | $116,000 | $1,772,000 | $95,000 | $2,700,000 |
| 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 | 355 | $43,800,000 | $123,000 | $1,772,000 | $102,000 | $2,700,000 |
| Application Denied By Financial Institution | 54 | $3,005,000 | $55,000 | $303,000 | $51,000 | $215,000 |
| Application Approved But Not Accepted | 17 | $2,537,000 | $149,000 | $600,000 | $98,000 | $225,000 |
| Application Withdrawn By Applicant | 5 | $852,000 | $170,000 | $600,000 | $89,000 | $280,000 |
| Loan Purchased By The Institution | 1 | $136,000 | $136,000 | $136,000 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 | 32 | $1,557,000 | $48,000 | $303,000 | $44,000 | $149,000 |
| Debt-To-Income Ratio | 16 | $950,000 | $59,000 | $135,000 | $41,000 | $134,000 |
| Collateral | 4 | $413,000 | $103,000 | $275,000 | $119,000 | $215,000 |
| Other | 2 | $85,000 | $42,000 | $67,000 | $103,000 | $123,000 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Afb&T'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 Afb&T'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.
For a list of all lenders in Georgia, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About