Aimbank Mortgage Lending & HMDA Data, 2016

In 2016, Aimbank of Levelland, TX reported 847 mortgage applications totaling $136.4 million, up 25% from 2015. The average application was for $161,074, and applicants reported an average income of $114,336. 79% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Lubbock, TX (317), Amarillo, TX (101) and Tyler, TX (30) (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 847
Total Mortgage Loan Application Amount $136,430,000
Average Mortgage Loan Application Amount $161,074
Highest Mortgage Loan Application Amount $7,103,000
Average Applicant Income $114,336
Highest Applicant Income $3,800,000

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Disclosure Act (HMDA) records Aimbank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2016

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Lubbock, Texas 312 $ 57,355,000 $ 183,830 $ 109,000
Scurry, Texas 84 $ 9,117,000 $ 108,535 $ 88,000
Randall, Texas 68 $ 11,119,000 $ 163,514 $ 83,000
Gray, Texas 67 $ 5,278,000 $ 78,776 $ 103,000
Hockley, Texas 46 $ 4,735,000 $ 102,934 $ 83,000
Smith, Texas 30 $ 4,810,000 $ 160,333 $ 114,000
Ector, Texas 26 $ 10,887,000 $ 418,730 $ 309,000
Potter, Texas 26 $ 3,729,000 $ 143,423 $ 73,000
Taylor, Texas 26 $ 4,668,000 $ 179,538 $ 145,000
Midland, Texas 17 $ 2,432,000 $ 143,058 $ 112,000
Yoakum, Texas 13 $ 1,540,000 $ 118,461 $ 80,000
Wheeler, Texas 10 $ 857,000 $ 85,700 $ 77,000
Bailey, Texas 9 $ 860,000 $ 95,555 $ 67,000
Hutchinson, Texas 7 $ 334,000 $ 47,714 $ 67,000
Carson, Texas 6 $ 551,000 $ 91,833 $ 50,000
Lamb, Texas 6 $ 415,000 $ 69,166 $ 69,000
Tarrant, Texas 6 $ 1,443,000 $ 240,500 $ 750,000
Parker, Texas 5 $ 1,225,000 $ 245,000 $ 132,000
Dallas, Texas 4 $ 641,000 $ 160,250 $ 598,000
Lynn, Texas 4 $ 809,000 $ 202,250 $ 100,000
Lincoln, New Mexico 3 $ 575,000 $ 191,666 $ 206,000
Gaines, Texas 3 $ 576,000 $ 192,000 $ 61,000
Jones, Texas 3 $ 181,000 $ 60,333 $ 67,000
Oklahoma, Oklahoma 2 $ 198,000 $ 99,000 $ 0
Cameron, Texas 2 $ 472,000 $ 236,000 $ 375,000
Cochran, Texas 2 $ 75,000 $ 37,500 $ 122,000
Deaf Smith, Texas 2 $ 351,000 $ 175,500 $ 97,000
Denton, Texas 2 $ 895,000 $ 447,500 $ 227,000
Garza, Texas 2 $ 685,000 $ 342,500 $ 199,000
Hale, Texas 2 $ 299,000 $ 149,500 $ 114,000
Harris, Texas 2 $ 354,000 $ 177,000 $ 104,000
Henderson, Texas 2 $ 351,000 $ 175,500 $ 53,000
Hood, Texas 2 $ 274,000 $ 137,000 $ 47,000
Howard, Texas 2 $ 85,000 $ 42,500 $ 0
McLennan, Texas 2 $ 253,000 $ 126,500 $ 168,000
Mitchell, Texas 2 $ 388,000 $ 194,000 $ 156,000
Montgomery, Texas 2 $ 323,000 $ 161,500 $ 232,000
Roberts, Texas 2 $ 99,000 $ 49,500 $ 77,000
Terry, Texas 2 $ 151,000 $ 75,500 $ 25,000
Travis, Texas 2 $ 470,000 $ 235,000 $ 195,000
Wichita, Texas 2 $ 199,000 $ 99,500 $ 40,000
Weld, Colorado 1 $ 115,000 $ 115,000 $ 62,000
Lea, New Mexico 1 $ 209,000 $ 209,000 $ 100,000
Otero, New Mexico 1 $ 73,000 $ 73,000 $ 138,000
Woodward, Oklahoma 1 $ 108,000 $ 108,000 $ 47,000
Andrews, Texas 1 $ 210,000 $ 210,000 $ 316,000
Bosque, Texas 1 $ 236,000 $ 236,000 $ 0
Brazoria, Texas 1 $ 271,000 $ 271,000 $ 100,000
Cherokee, Texas 1 $ 122,000 $ 122,000 $ 113,000
Coke, Texas 1 $ 65,000 $ 65,000 $ 72,000
Coleman, Texas 1 $ 1,580,000 $ 1,580,000 $ 0
Collin, Texas 1 $ 160,000 $ 160,000 $ 96,000
Comal, Texas 1 $ 262,000 $ 262,000 $ 60,000
Crosby, Texas 1 $ 177,000 $ 177,000 $ 57,000
DeWitt, Texas 1 $ 94,000 $ 94,000 $ 24,000
El Paso, Texas 1 $ 128,000 $ 128,000 $ 152,000
Fisher, Texas 1 $ 47,000 $ 47,000 $ 49,000
Galveston, Texas 1 $ 224,000 $ 224,000 $ 188,000
Gregg, Texas 1 $ 183,000 $ 183,000 $ 42,000
Hartley, Texas 1 $ 116,000 $ 116,000 $ 0
Hemphill, Texas 1 $ 220,000 $ 220,000 $ 142,000
Hunt, Texas 1 $ 87,000 $ 87,000 $ 79,000
Kimble, Texas 1 $ 173,000 $ 173,000 $ 312,000
Oldham, Texas 1 $ 83,000 $ 83,000 $ 56,000
Sherman, Texas 1 $ 137,000 $ 137,000 $ 88,000
Swisher, Texas 1 $ 93,000 $ 93,000 $ 33,000
Van Zandt, Texas 1 $ 106,000 $ 106,000 $ 56,000
Williamson, Texas 1 $ 410,000 $ 410,000 $ 101,000
Young, Texas 1 $ 100,000 $ 100,000 $ 40,000
Salt Lake, Utah 1 $ 380,000 $ 380,000 $ 186,000
Orange, Vermont 1 $ 202,000 $ 202,000 $ 132,000

Mortgage Loan Application Detail Totals for Aimbank 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 620 $91,481,000 $147,000 $1,689,000 $112,000 $3,800,000
Refinancing 181 $42,019,000 $232,000 $7,103,000 $127,000 $2,373,000
Home Improvement 46 $2,930,000 $63,000 $375,000 $96,000 $281,000

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 565 $91,432,000 $161,000 $7,103,000 $135,000 $3,800,000
Hispanic 131 $15,351,000 $117,000 $417,000 $80,000 $568,000
Not applicable 90 $19,740,000 $219,000 $5,754,000 $0 $0
Not Provided 40 $6,243,000 $156,000 $413,000 $166,000 $1,391,000
Asian 13 $2,439,000 $187,000 $417,000 $217,000 $880,000
Black or African American 4 $436,000 $109,000 $154,000 $57,000 $67,000
American Indian or Alaskan Native 3 $641,000 $213,000 $340,000 $103,000 $156,000
Native Hawaiin or Other Pacific Islander 1 $148,000 $148,000 $148,000 $100,000 $100,000

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) 613 $104,248,000 $170,000 $7,103,000 $130,000 $3,800,000
FHA-insured (Federal Housing Administration) 200 $26,342,000 $131,000 $276,000 $70,000 $665,000
VA-guaranteed (Veterans Administration) 30 $5,468,000 $182,000 $374,000 $82,000 $150,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 4 $372,000 $93,000 $135,000 $47,000 $55,000

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 667 $112,597,000 $168,000 $7,103,000 $123,000 $3,800,000
Application Withdrawn By Applicant 93 $13,283,000 $142,000 $417,000 $90,000 $295,000
Application Denied By Financial Institution 70 $8,167,000 $116,000 $401,000 $63,000 $248,000
Application Approved But Not Accepted 17 $2,383,000 $140,000 $640,000 $115,000 $600,000
File Closed For Incompleteness 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 35 $3,344,000 $95,000 $264,000 $69,000 $127,000
Debt-To-Income Ratio 27 $3,219,000 $119,000 $321,000 $51,000 $120,000
Collateral 4 $965,000 $241,000 $350,000 $73,000 $156,000
Employment History 2 $491,000 $245,000 $401,000 $135,000 $248,000
Credit Application Incomplete 1 $69,000 $69,000 $69,000 $34,000 $34,000
Other 1 $79,000 $79,000 $79,000 $38,000 $38,000
Unverifiable Information 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 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 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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