Aimbank Mortgage Lending & HMDA Data, 2012

In 2012, Aimbank of Levelland, TX reported 143 mortgage applications totaling $15.1 million, up 7% from 2011. The average application was for $105,412, and applicants reported an average income of $196,972. 87% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Lubbock, TX (68), Odessa, TX (16) and Midland, TX (3) (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 143
Total Mortgage Loan Application Amount $15,074,000
Average Mortgage Loan Application Amount $105,412
Highest Mortgage Loan Application Amount $929,000
Average Applicant Income $196,972
Highest Applicant Income $1,529,000

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Disclosure Act (HMDA) records Aimbank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2012

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Lubbock, Texas 68 $ 7,222,000 $ 106,205 $ 275,000
Hockley, Texas 44 $ 3,065,000 $ 69,659 $ 146,000
Ector, Texas 16 $ 2,186,000 $ 136,625 $ 107,000
Lamb, Texas 5 $ 209,000 $ 41,800 $ 50,000
Midland, Texas 3 $ 252,000 $ 84,000 $ 88,000
Santa Fe, New Mexico 1 $ 495,000 $ 495,000 $ 0
Brown, Texas 1 $ 929,000 $ 929,000 $ 0
Cochran, Texas 1 $ 25,000 $ 25,000 $ 45,000
Dawson, Texas 1 $ 37,000 $ 37,000 $ 239,000
Howard, Texas 1 $ 22,000 $ 22,000 $ 111,000
Kendall, Texas 1 $ 587,000 $ 587,000 $ 383,000
Scurry, Texas 1 $ 45,000 $ 45,000 $ 0

Mortgage Loan Application Detail Totals for Aimbank in 2012

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 89 $8,542,000 $95,000 $700,000 $201,000 $1,335,000
Refinancing 32 $5,610,000 $175,000 $929,000 $227,000 $1,529,000
Home Improvement 22 $922,000 $41,000 $96,000 $137,000 $518,000

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 86 $6,812,000 $79,000 $592,000 $290,000 $1,529,000
Not applicable 39 $6,075,000 $155,000 $929,000 $0 $0
Hispanic 14 $710,000 $50,000 $129,000 $130,000 $518,000
Asian 3 $1,422,000 $474,000 $742,000 $466,000 $518,000
American Indian or Alaskan Native 1 $55,000 $55,000 $55,000 $32,000 $32,000
Not Provided 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
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) 143 $15,074,000 $105,000 $929,000 $197,000 $1,529,000
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 125 $13,845,000 $110,000 $929,000 $211,000 $1,529,000
Application Denied By Financial Institution 9 $382,000 $42,000 $80,000 $52,000 $83,000
Application Withdrawn By Applicant 9 $847,000 $94,000 $400,000 $137,000 $360,000
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
Credit History 6 $225,000 $37,000 $80,000 $60,000 $83,000
Debt-To-Income Ratio 2 $102,000 $51,000 $78,000 $42,000 $55,000
Other 1 $55,000 $55,000 $55,000 $32,000 $32,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 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 Aimbank's 2012 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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