Affiliated Mortgage Company Mortgage Lending & HMDA Data, 2016

In 2016, Affiliated Mortgage Company of Plano, TX reported 784 mortgage applications totaling $237.9 million, down 48% from 2015. The average application was for $303,418, and applicants reported an average income of $155,647. 66% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Houston-The Woodlands-Sugar Land, TX (277), Austin-Round Rock, TX (203) and San Antonio-New Braunfels, TX (153) (applications in parentheses).

Mortgage Company & Address Affiliated Mortgage Company
5700 Legacy Drive Ste 10
Plano, TX 75024
Tel #: available with data download
Federal Regulator * available with data download
Years 2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 784
Total Mortgage Loan Application Amount $237,880,000
Average Mortgage Loan Application Amount $303,418
Highest Mortgage Loan Application Amount $6,370,000
Average Applicant Income $155,647
Highest Applicant Income $2,544,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Affiliated Mortgage Company filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Affiliated Mortgage Company by Metropolitan Area in 2016

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Houston-The Woodlands-Sugar Land, TX 277 $ 74,846,000 $ 270,202 $ 159,000
Austin-Round Rock, TX 203 $ 63,314,000 $ 311,891 $ 138,000
San Antonio-New Braunfels, TX 153 $ 34,097,000 $ 222,856 $ 101,000
Dallas-Plano-Irving, TX 87 $ 47,911,000 $ 550,701 $ 256,000
Fort Worth-Arlington, TX 11 $ 4,757,000 $ 432,454 $ 299,000
Crestview-Fort Walton Beach-Destin, FL 4 $ 1,193,000 $ 298,250 $ 205,000
Atlanta-Sandy Springs-Roswell, GA 3 $ 466,000 $ 155,333 $ 53,000
College Station-Bryan, TX 2 $ 560,000 $ 280,000 $ 152,000
Fayetteville-Springdale-Rogers, AR-MO 2 $ 384,000 $ 192,000 $ 61,000
Midland, TX 2 $ 364,000 $ 182,000 $ 105,000
Alexandria, LA 1 $ 224,000 $ 224,000 $ 64,000
Colorado Springs, CO 1 $ 336,000 $ 336,000 $ 93,000
Denver-Aurora-Lakewood, CO 1 $ 296,000 $ 296,000 $ 97,000
El Paso, TX 1 $ 218,000 $ 218,000 $ 113,000
Fort Collins, CO 1 $ 159,000 $ 159,000 $ 105,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 1 $ 215,000 $ 215,000 $ 105,000
Joplin, MO 1 $ 274,000 $ 274,000 $ 275,000
Kansas City, MO-KS 1 $ 181,000 $ 181,000 $ 47,000
Lafayette, LA 1 $ 400,000 $ 400,000 $ 131,000
Little Rock-North Little Rock-Conway, AR 1 $ 169,000 $ 169,000 $ 51,000
Longview, TX 1 $ 116,000 $ 116,000 $ 54,000
Miami-Miami Beach-Kendall, FL 1 $ 152,000 $ 152,000 $ 100,000
New Bern, NC 1 $ 163,000 $ 163,000 $ 46,000
New Orleans-Metairie, LA 1 $ 183,000 $ 183,000 $ 208,000
Sherman-Denison, TX 1 $ 364,000 $ 364,000 $ 289,000
Tyler, TX 1 $ 178,000 $ 178,000 $ 108,000
Waco, TX 1 $ 390,000 $ 390,000 $ 115,000

Mortgage Loan Application Detail Totals for Affiliated Mortgage Company 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 570 $175,508,000 $307,000 $6,370,000 $155,000 $2,544,000
Refinancing 163 $49,514,000 $303,000 $1,335,000 $165,000 $1,451,000
Home Improvement 51 $12,858,000 $252,000 $650,000 $133,000 $386,000

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 615 $195,191,000 $317,000 $6,370,000 $164,000 $2,544,000
Hispanic 95 $19,911,000 $209,000 $2,440,000 $108,000 $1,802,000
Black or African American 29 $6,872,000 $236,000 $546,000 $112,000 $615,000
Not Provided 20 $9,556,000 $477,000 $2,240,000 $195,000 $1,386,000
Asian 20 $5,027,000 $251,000 $417,000 $139,000 $268,000
American Indian or Alaskan Native 3 $1,005,000 $335,000 $417,000 $199,000 $311,000
Native Hawaiin or Other Pacific Islander 2 $318,000 $159,000 $190,000 $93,000 $109,000
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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 578 $189,736,000 $328,000 $6,370,000 $178,000 $2,544,000
FHA-insured (Federal Housing Administration) 110 $20,553,000 $186,000 $339,000 $79,000 $240,000
VA-guaranteed (Veterans Administration) 94 $27,270,000 $290,000 $768,000 $109,000 $314,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $321,000 $160,000 $184,000 $63,000 $83,000

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 518 $154,299,000 $297,000 $6,370,000 $154,000 $2,544,000
Application Withdrawn By Applicant 183 $61,107,000 $333,000 $2,440,000 $178,000 $1,802,000
Loan Purchased By The Institution 44 $9,897,000 $224,000 $466,000 $91,000 $240,000
Application Approved But Not Accepted 24 $7,294,000 $303,000 $615,000 $145,000 $448,000
Application Denied By Financial Institution 15 $5,283,000 $352,000 $2,115,000 $142,000 $420,000
File Closed For Incompleteness 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 7 $3,449,000 $492,000 $2,115,000 $159,000 $420,000
Credit History 5 $1,336,000 $267,000 $417,000 $115,000 $229,000
Collateral 2 $428,000 $214,000 $235,000 $71,000 $72,000
Other 1 $70,000 $70,000 $70,000 $297,000 $297,000
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 Affiliated Mortgage Company's 2016 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 Affiliated Mortgage Company'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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