Aimbank Mortgage Lending & HMDA Data, 2020

In 2020, Aimbank of Levelland, TX reported 446 mortgage applications totaling $98.7 million, down 46% from 2019. The average application was for $221,390, and applicants reported an average income of $185,123. 72% of its applications resulted in an originated loan and 15% were denied. Its largest markets were Lubbock, TX (91), Amarillo, TX (33) and Odessa, TX (26) (applications in parentheses).

Mortgage Company & Address Aimbank
110 College Ave
Levelland, TX 79336
Tel #: available with data download
Federal Regulator * available with data download
Years 2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  
Total Number of Mortgage Applications 446
Total Mortgage Loan Application Amount $98,740,000
Average Mortgage Loan Application Amount $221,390
Highest Mortgage Loan Application Amount $14,675,000
Average Applicant Income $185,123
Highest Applicant Income $3,210,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Aimbank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Aimbank by County in 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Lubbock, Texas 89 $ 30,825,000 $ 346,348 $ 254,000
Hockley, Texas 37 $ 7,395,000 $ 199,864 $ 106,000
Scurry, Texas 34 $ 3,460,000 $ 101,764 $ 139,000
Gray, Texas 32 $ 2,020,000 $ 63,125 $ 162,000
Colfax, New Mexico 27 $ 3,195,000 $ 118,333 $ 103,000
Ector, Texas 26 $ 6,100,000 $ 234,615 $ 122,000
Union, New Mexico 19 $ 2,615,000 $ 137,631 $ 62,000
Taylor, Texas 19 $ 3,635,000 $ 191,315 $ 113,000
Midland, Texas 18 $ 10,920,000 $ 606,666 $ 179,000
Potter, Texas 16 $ 2,760,000 $ 172,500 $ 42,000
Randall, Texas 14 $ 2,180,000 $ 155,714 $ 88,000
Quay, New Mexico 11 $ 995,000 $ 90,454 $ 90,000
Guadalupe, New Mexico 7 $ 555,000 $ 79,285 $ 66,000
Bailey, Texas 7 $ 1,185,000 $ 169,285 $ 93,000
Wheeler, Texas 7 $ 585,000 $ 83,571 $ 73,000
Collin, Texas 5 $ 1,375,000 $ 275,000 $ 400,000
Parmer, Texas 5 $ 825,000 $ 165,000 $ 117,000
Lamb, Texas 4 $ 710,000 $ 177,500 $ 70,000
Curry, New Mexico 3 $ 125,000 $ 41,666 $ 30,000
Carson, Texas 3 $ 325,000 $ 108,333 $ 119,000
Dallas, Texas 3 $ 1,095,000 $ 365,000 $ 398,000
Mitchell, Texas 3 $ 205,000 $ 68,333 $ 122,000
Roberts, Texas 3 $ 425,000 $ 141,666 $ 80,000
Tarrant, Texas 3 $ 1,675,000 $ 558,333 $ 2,156,000
Bernalillo, New Mexico 2 $ 440,000 $ 220,000 $ 142,000
San Miguel, New Mexico 2 $ 640,000 $ 320,000 $ 391,000
Hale, Texas 2 $ 250,000 $ 125,000 $ 132,000
Hartley, Texas 2 $ 730,000 $ 365,000 $ 124,000
Hutchinson, Texas 2 $ 120,000 $ 60,000 $ 42,000
Jones, Texas 2 $ 230,000 $ 115,000 $ 118,000
Kent, Texas 2 $ 330,000 $ 165,000 $ 560,000
Moore, Texas 2 $ 320,000 $ 160,000 $ 72,000
Yoakum, Texas 2 $ 380,000 $ 190,000 $ 96,000
Costilla, Colorado 1 $ 115,000 $ 115,000 $ 39,000
El Paso, Colorado 1 $ 245,000 $ 245,000 $ 48,000
Collier, Florida 1 $ 2,445,000 $ 2,445,000 $ 1,575,000
Hamilton, Indiana 1 $ 205,000 $ 205,000 $ 75,000
Washoe, Nevada 1 $ 535,000 $ 535,000 $ 248,000
Eddy, New Mexico 1 $ 365,000 $ 365,000 $ 194,000
Lincoln, New Mexico 1 $ 555,000 $ 555,000 $ 658,000
Mora, New Mexico 1 $ 105,000 $ 105,000 $ 81,000
Taos, New Mexico 1 $ 165,000 $ 165,000 $ 80,000
Torrance, New Mexico 1 $ 205,000 $ 205,000 $ 77,000
Carter, Oklahoma 1 $ 155,000 $ 155,000 $ 0
Loudon, Tennessee 1 $ 155,000 $ 155,000 $ 66,000
Andrews, Texas 1 $ 255,000 $ 255,000 $ 155,000
Bandera, Texas 1 $ 285,000 $ 285,000 $ 189,000
Borden, Texas 1 $ 145,000 $ 145,000 $ 103,000
Burnet, Texas 1 $ 1,005,000 $ 1,005,000 $ 2,700,000
Cochran, Texas 1 $ 45,000 $ 45,000 $ 89,000
Collingsworth, Texas 1 $ 65,000 $ 65,000 $ 22,000
Colorado, Texas 1 $ 105,000 $ 105,000 $ 23,000
Crosby, Texas 1 $ 55,000 $ 55,000 $ 82,000
Dallam, Texas 1 $ 85,000 $ 85,000 $ 0
Deaf Smith, Texas 1 $ 85,000 $ 85,000 $ 41,000
Donley, Texas 1 $ 125,000 $ 125,000 $ 95,000
Fisher, Texas 1 $ 25,000 $ 25,000 $ 33,000
Gaines, Texas 1 $ 135,000 $ 135,000 $ 44,000
Hood, Texas 1 $ 185,000 $ 185,000 $ 157,000
Howard, Texas 1 $ 195,000 $ 195,000 $ 2,014,000
Johnson, Texas 1 $ 115,000 $ 115,000 $ 71,000
Llano, Texas 1 $ 1,505,000 $ 1,505,000 $ 2,314,000
Lynn, Texas 1 $ 95,000 $ 95,000 $ 267,000
Nolan, Texas 1 $ 75,000 $ 75,000 $ 76,000
Terry, Texas 1 $ 145,000 $ 145,000 $ 77,000
Winkler, Texas 1 $ 135,000 $ 135,000 $ 65,000

Mortgage Loan Application Detail Totals for Aimbank in 2020

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 279 $64,665,000 $231,000 $14,675,000 $203,000 $3,210,000
Cash-out Refinancing 81 $11,395,000 $140,000 $1,105,000 $122,000 $825,000
Refinancing 59 $20,685,000 $350,000 $4,805,000 $186,000 $3,210,000
Home Improvement 17 $985,000 $57,000 $115,000 $216,000 $769,000
Other Purpose 10 $1,010,000 $101,000 $655,000 $140,000 $893,000
Not Applicable 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 244 $46,080,000 $188,000 $2,445,000 $220,000 $3,210,000
Not applicable 85 $35,945,000 $422,000 $14,675,000 $0 $0
Hispanic 69 $8,115,000 $117,000 $575,000 $90,000 $751,000
Not Provided 34 $6,860,000 $201,000 $675,000 $124,000 $386,000
Asian 10 $1,540,000 $154,000 $535,000 $140,000 $592,000
Black or African American 3 $135,000 $45,000 $65,000 $108,000 $184,000
American Indian or Alaskan Native 1 $65,000 $65,000 $65,000 $22,000 $22,000
Native Hawaiian or Other Pacific Islander 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) 414 $93,360,000 $225,000 $14,675,000 $193,000 $3,210,000
FHA-insured (Federal Housing Administration) 27 $4,165,000 $154,000 $295,000 $65,000 $164,000
VA-guaranteed (Veterans Administration) 3 $935,000 $311,000 $545,000 $90,000 $170,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $280,000 $140,000 $165,000 $63,000 $79,000

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 322 $80,140,000 $248,000 $14,675,000 $226,000 $3,210,000
Application Denied By Financial Institution 67 $7,945,000 $118,000 $1,225,000 $67,000 $267,000
Application Withdrawn By Applicant 57 $10,655,000 $186,000 $785,000 $132,000 $682,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 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
Not applicable 379 $90,795,000 $239,000 $14,675,000 $208,000 $3,210,000
Credit History 34 $3,950,000 $116,000 $1,225,000 $69,000 $194,000
Debt-To-Income Ratio 18 $2,070,000 $115,000 $405,000 $60,000 $267,000
Collateral 6 $960,000 $160,000 $285,000 $82,000 $154,000
Other 4 $210,000 $52,000 $115,000 $69,000 $208,000
Employment History 2 $260,000 $130,000 $135,000 $72,000 $84,000
Insufficient Cash (Downpayment, Closing Cost) 2 $370,000 $185,000 $215,000 $68,000 $70,000
Unverifiable Information 1 $125,000 $125,000 $125,000 $43,000 $43,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Aimbank's 2020 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 Aimbank'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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