Aimbank Mortgage Lending & HMDA Data, 2017

In 2017, Aimbank of Levelland, TX reported 830 mortgage applications totaling $138.7 million, down 2% from 2016. The average application was for $167,080, and applicants reported an average income of $100,081. 78% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Lubbock, TX (212), Amarillo, TX (117) and Odessa, TX (113) (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 830
Total Mortgage Loan Application Amount $138,677,000
Average Mortgage Loan Application Amount $167,080
Highest Mortgage Loan Application Amount $12,667,000
Average Applicant Income $100,081
Highest Applicant Income $1,776,000

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Disclosure Act (HMDA) records Aimbank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2017

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Lubbock, Texas 206 $ 43,593,000 $ 211,616 $ 87,000
Ector, Texas 113 $ 18,560,000 $ 164,247 $ 98,000
Randall, Texas 92 $ 15,523,000 $ 168,728 $ 83,000
Scurry, Texas 68 $ 6,657,000 $ 97,897 $ 88,000
Gray, Texas 48 $ 4,578,000 $ 95,375 $ 57,000
Midland, Texas 45 $ 9,514,000 $ 211,422 $ 160,000
Hockley, Texas 43 $ 5,169,000 $ 120,209 $ 104,000
Smith, Texas 28 $ 4,864,000 $ 173,714 $ 86,000
Potter, Texas 20 $ 2,579,000 $ 128,950 $ 67,000
Taylor, Texas 20 $ 4,883,000 $ 244,150 $ 158,000
Bailey, Texas 19 $ 1,881,000 $ 99,000 $ 77,000
Crane, Texas 11 $ 1,654,000 $ 150,363 $ 79,000
Lamb, Texas 11 $ 786,000 $ 71,454 $ 48,000
Yoakum, Texas 6 $ 1,379,000 $ 229,833 $ 112,000
Carson, Texas 5 $ 629,000 $ 125,800 $ 276,000
Parmer, Texas 5 $ 558,000 $ 111,600 $ 69,000
Roberts, Texas 5 $ 565,000 $ 113,000 $ 64,000
Hale, Texas 4 $ 775,000 $ 193,750 $ 108,000
Lynn, Texas 4 $ 906,000 $ 226,500 $ 120,000
Martin, Texas 4 $ 913,000 $ 228,250 $ 139,000
Mitchell, Texas 4 $ 392,000 $ 98,000 $ 76,000
Tarrant, Texas 4 $ 668,000 $ 167,000 $ 34,000
Wheeler, Texas 4 $ 194,000 $ 48,500 $ 37,000
Williamson, Texas 4 $ 869,000 $ 217,250 $ 262,000
Andrews, Texas 3 $ 601,000 $ 200,333 $ 219,000
Comal, Texas 3 $ 985,000 $ 328,333 $ 639,000
Howard, Texas 3 $ 684,000 $ 228,000 $ 93,000
Tom Green, Texas 3 $ 567,000 $ 189,000 $ 73,000
Brown, Texas 2 $ 479,000 $ 239,500 $ 157,000
Crosby, Texas 2 $ 146,000 $ 73,000 $ 31,000
Dallas, Texas 2 $ 323,000 $ 161,500 $ 93,000
Gaines, Texas 2 $ 236,000 $ 118,000 $ 114,000
Hutchinson, Texas 2 $ 98,000 $ 49,000 $ 43,000
Parker, Texas 2 $ 474,000 $ 237,000 $ 172,000
Travis, Texas 2 $ 487,000 $ 243,500 $ 61,000
Upton, Texas 2 $ 227,000 $ 113,500 $ 70,000
Lake, Indiana 1 $ 141,000 $ 141,000 $ 115,000
Curry, New Mexico 1 $ 173,000 $ 173,000 $ 52,000
Lincoln, New Mexico 1 $ 20,000 $ 20,000 $ 199,000
Otero, New Mexico 1 $ 219,000 $ 219,000 $ 1,776,000
Bexar, Texas 1 $ 200,000 $ 200,000 $ 127,000
Bosque, Texas 1 $ 55,000 $ 55,000 $ 0
Castro, Texas 1 $ 66,000 $ 66,000 $ 46,000
Chambers, Texas 1 $ 392,000 $ 392,000 $ 128,000
Cochran, Texas 1 $ 60,000 $ 60,000 $ 90,000
Coleman, Texas 1 $ 153,000 $ 153,000 $ 136,000
Dallam, Texas 1 $ 92,000 $ 92,000 $ 41,000
Denton, Texas 1 $ 66,000 $ 66,000 $ 231,000
Eastland, Texas 1 $ 321,000 $ 321,000 $ 108,000
Ellis, Texas 1 $ 193,000 $ 193,000 $ 47,000
Fisher, Texas 1 $ 50,000 $ 50,000 $ 51,000
Galveston, Texas 1 $ 143,000 $ 143,000 $ 121,000
Garza, Texas 1 $ 104,000 $ 104,000 $ 229,000
Harris, Texas 1 $ 177,000 $ 177,000 $ 57,000
Hays, Texas 1 $ 304,000 $ 304,000 $ 113,000
Hood, Texas 1 $ 90,000 $ 90,000 $ 104,000
Jackson, Texas 1 $ 158,000 $ 158,000 $ 81,000
Jones, Texas 1 $ 60,000 $ 60,000 $ 112,000
Palo Pinto, Texas 1 $ 484,000 $ 484,000 $ 0
Reeves, Texas 1 $ 302,000 $ 302,000 $ 1,555,000
Stephens, Texas 1 $ 970,000 $ 970,000 $ 0
Terry, Texas 1 $ 25,000 $ 25,000 $ 80,000
Upshur, Texas 1 $ 130,000 $ 130,000 $ 44,000
Winkler, Texas 1 $ 74,000 $ 74,000 $ 66,000
Young, Texas 1 $ 59,000 $ 59,000 $ 27,000

Mortgage Loan Application Detail Totals for Aimbank in 2017

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 600 $105,958,000 $176,000 $12,667,000 $92,000 $1,776,000
Refinancing 169 $29,070,000 $172,000 $466,000 $127,000 $1,555,000
Home Improvement 61 $3,649,000 $59,000 $350,000 $105,000 $677,000

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 496 $76,728,000 $154,000 $531,000 $123,000 $1,634,000
Hispanic 160 $22,207,000 $138,000 $800,000 $83,000 $1,600,000
Not applicable 102 $27,683,000 $271,000 $12,667,000 $0 $0
Not Provided 50 $9,132,000 $182,000 $417,000 $130,000 $1,776,000
Black or African American 11 $1,582,000 $143,000 $258,000 $128,000 $667,000
Asian 8 $922,000 $115,000 $218,000 $90,000 $197,000
American Indian or Alaskan Native 2 $180,000 $90,000 $106,000 $39,000 $47,000
Native Hawaiian or Other Pacific Islander 1 $243,000 $243,000 $243,000 $84,000 $84,000

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) 578 $100,241,000 $173,000 $12,667,000 $115,000 $1,776,000
FHA-insured (Federal Housing Administration) 222 $32,474,000 $146,000 $290,000 $65,000 $413,000
VA-guaranteed (Veterans Administration) 29 $5,832,000 $201,000 $392,000 $79,000 $157,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $130,000 $130,000 $130,000 $44,000 $44,000

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 646 $114,155,000 $176,000 $12,667,000 $101,000 $1,634,000
Application Withdrawn By Applicant 91 $13,638,000 $149,000 $424,000 $101,000 $1,776,000
Application Denied By Financial Institution 71 $8,228,000 $115,000 $450,000 $76,000 $618,000
Application Approved But Not Accepted 22 $2,656,000 $120,000 $400,000 $141,000 $667,000
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 31 $3,518,000 $113,000 $400,000 $89,000 $618,000
Debt-To-Income Ratio 23 $2,818,000 $122,000 $450,000 $72,000 $311,000
Employment History 5 $532,000 $106,000 $156,000 $55,000 $120,000
Collateral 4 $437,000 $109,000 $147,000 $61,000 $90,000
Other 2 $176,000 $88,000 $116,000 $60,000 $83,000
Insufficient Cash (Downpayment, Closing Cost) 2 $143,000 $71,000 $75,000 $63,000 $92,000
Unverifiable Information 1 $136,000 $136,000 $136,000 $72,000 $72,000
Credit Application Incomplete 1 $60,000 $60,000 $60,000 $50,000 $50,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Aimbank's 2017 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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