Alethes, LLC Mortgage Lending & HMDA Data, 2007

In 2007, Alethes, LLC of Austin, TX reported 4,049 mortgage applications totaling $484.9 million. The average application was for $119,746, and applicants reported an average income of $59,170. 77% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Dallas-Plano-Irving, TX (992), Austin-Round Rock, TX (728) and Fort Worth-Arlington, TX (597) (applications in parentheses).

Mortgage Company & Address Alethes, LLC
8601 Rr 2222 Suite 1-150
Austin, TX 78730
Tel #: available with data download
Federal Regulator * available with data download
Years 2008  2007  
Total Number of Mortgage Applications 4,049
Total Mortgage Loan Application Amount $484,854,000
Average Mortgage Loan Application Amount $119,746
Highest Mortgage Loan Application Amount $1,028,000
Average Applicant Income $59,170
Highest Applicant Income $999,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Alethes, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Alethes, LLC by County in 2007

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Dallas, Texas 696 $ 83,317,000 $ 119,708 $ 54,000
Tarrant, Texas 365 $ 42,011,000 $ 115,098 $ 53,000
Williamson, Texas 341 $ 37,799,000 $ 110,847 $ 55,000
Travis, Texas 307 $ 44,571,000 $ 145,182 $ 77,000
Bexar, Texas 262 $ 34,362,000 $ 131,152 $ 62,000
Harris, Texas 185 $ 23,240,000 $ 125,621 $ 60,000
Johnson, Texas 126 $ 14,679,000 $ 116,500 $ 52,000
Denton, Texas 117 $ 15,934,000 $ 136,188 $ 65,000
Victoria, Texas 100 $ 9,121,000 $ 91,210 $ 60,000
Jefferson, Alabama 88 $ 9,205,000 $ 104,602 $ 54,000
Houston, Alabama 82 $ 10,133,000 $ 123,573 $ 56,000
Collin, Texas 78 $ 11,810,000 $ 151,410 $ 89,000
Parker, Texas 70 $ 8,356,000 $ 119,371 $ 47,000
Bell, Texas 49 $ 5,414,000 $ 110,489 $ 59,000
Hays, Texas 48 $ 6,840,000 $ 142,500 $ 66,000
Guadalupe, Texas 39 $ 4,393,000 $ 112,641 $ 56,000
Kaufman, Texas 38 $ 5,207,000 $ 137,026 $ 72,000
Wise, Texas 36 $ 4,172,000 $ 115,888 $ 47,000
Ellis, Texas 32 $ 4,083,000 $ 127,593 $ 52,000
Fort Bend, Texas 32 $ 4,164,000 $ 130,125 $ 53,000
Gregg, Texas 32 $ 3,361,000 $ 105,031 $ 50,000
Dale, Alabama 29 $ 2,843,000 $ 98,034 $ 50,000
York, South Carolina 28 $ 3,518,000 $ 125,642 $ 53,000
Bastrop, Texas 27 $ 3,246,000 $ 120,222 $ 149,000
Lubbock, Texas 27 $ 2,601,000 $ 96,333 $ 77,000
Nueces, Texas 24 $ 2,970,000 $ 123,750 $ 61,000
Cullman, Alabama 20 $ 2,011,000 $ 100,550 $ 47,000
El Paso, Texas 19 $ 2,191,000 $ 115,315 $ 56,000
Grayson, Texas 19 $ 1,590,000 $ 83,684 $ 41,000
Montgomery, Texas 18 $ 2,463,000 $ 136,833 $ 67,000
Comal, Texas 17 $ 2,483,000 $ 146,058 $ 74,000
McLennan, Texas 17 $ 1,868,000 $ 109,882 $ 65,000
Aransas, Texas 16 $ 2,261,000 $ 141,312 $ 110,000
Galveston, Texas 16 $ 1,758,000 $ 109,875 $ 65,000
Hidalgo, Texas 16 $ 1,947,000 $ 121,687 $ 65,000
Rockwall, Texas 16 $ 2,213,000 $ 138,312 $ 71,000
Shelby, Alabama 15 $ 2,402,000 $ 160,133 $ 66,000
Cameron, Texas 15 $ 1,337,000 $ 89,133 $ 57,000
Coleman, Texas 14 $ 841,000 $ 60,071 $ 39,000
Hunt, Texas 14 $ 1,285,000 $ 91,785 $ 35,000
Hill, Texas 13 $ 1,205,000 $ 92,692 $ 54,000
Jefferson, Texas 13 $ 1,177,000 $ 90,538 $ 47,000
Geneva, Alabama 12 $ 1,272,000 $ 106,000 $ 50,000
Jasper, Texas 12 $ 1,114,000 $ 92,833 $ 40,000
Brown, Texas 11 $ 999,000 $ 90,818 $ 49,000
Navarro, Texas 11 $ 884,000 $ 80,363 $ 45,000
Henry, Alabama 9 $ 1,144,000 $ 127,111 $ 67,000
Bullitt, Kentucky 9 $ 959,000 $ 106,555 $ 38,000
Refugio, Texas 9 $ 560,000 $ 62,222 $ 38,000
St. Clair, Alabama 8 $ 919,000 $ 114,875 $ 48,000
Maverick, Texas 8 $ 657,000 $ 82,125 $ 58,000
Potter, Texas 8 $ 953,000 $ 119,125 $ 145,000
Benton, Arkansas 7 $ 1,394,000 $ 199,142 $ 56,000
Bowie, Texas 7 $ 685,000 $ 97,857 $ 46,000
Brazoria, Texas 7 $ 910,000 $ 130,000 $ 67,000
DeWitt, Texas 7 $ 469,000 $ 67,000 $ 54,000
Smith, Texas 7 $ 955,000 $ 136,428 $ 53,000
Upshur, Texas 7 $ 752,000 $ 107,428 $ 69,000
Blount, Alabama 6 $ 692,000 $ 115,333 $ 70,000
Tuscaloosa, Alabama 6 $ 588,000 $ 98,000 $ 39,000
Craig, Oklahoma 6 $ 370,000 $ 61,666 $ 39,000
Calhoun, Texas 6 $ 568,000 $ 94,666 $ 85,000
Harrison, Texas 6 $ 596,000 $ 99,333 $ 66,000
Palo Pinto, Texas 6 $ 595,000 $ 99,166 $ 51,000
Coffee, Alabama 5 $ 698,000 $ 139,600 $ 59,000
Sebastian, Arkansas 5 $ 426,000 $ 85,200 $ 39,000
Washington, Arkansas 5 $ 1,079,000 $ 215,800 $ 51,000
Bosque, Texas 5 $ 338,000 $ 67,600 $ 99,000
Brazos, Texas 5 $ 579,000 $ 115,800 $ 56,000
Caldwell, Texas 5 $ 392,000 $ 78,400 $ 53,000
Hood, Texas 5 $ 705,000 $ 141,000 $ 65,000
Lampasas, Texas 5 $ 699,000 $ 139,800 $ 81,000
Rusk, Texas 5 $ 732,000 $ 146,400 $ 62,000
Baldwin, Alabama 4 $ 505,000 $ 126,250 $ 221,000
Chilton, Alabama 4 $ 595,000 $ 148,750 $ 74,000
Montgomery, Alabama 4 $ 597,000 $ 149,250 $ 53,000
Atascosa, Texas 4 $ 405,000 $ 101,250 $ 51,000
Henderson, Texas 4 $ 298,000 $ 74,500 $ 44,000
Jim Wells, Texas 4 $ 398,000 $ 99,500 $ 57,000
Liberty, Texas 4 $ 362,000 $ 90,500 $ 69,000
Randall, Texas 4 $ 447,000 $ 111,750 $ 61,000
San Patricio, Texas 4 $ 400,000 $ 100,000 $ 55,000
Taylor, Texas 4 $ 221,000 $ 55,250 $ 63,000
Webb, Texas 4 $ 501,000 $ 125,250 $ 45,000
Wilson, Texas 4 $ 560,000 $ 140,000 $ 69,000
Etowah, Alabama 3 $ 217,000 $ 72,333 $ 48,000
Greene, Missouri 3 $ 534,000 $ 178,000 $ 79,000
Otero, New Mexico 3 $ 419,000 $ 139,666 $ 44,000
Camp, Texas 3 $ 461,000 $ 153,666 $ 99,000
Cooke, Texas 3 $ 184,000 $ 61,333 $ 23,000
Goliad, Texas 3 $ 247,000 $ 82,333 $ 45,000
Howard, Texas 3 $ 202,000 $ 67,333 $ 51,000
Medina, Texas 3 $ 235,000 $ 78,333 $ 48,000
Washington, Texas 3 $ 372,000 $ 124,000 $ 48,000
Calhoun, Alabama 2 $ 253,000 $ 126,500 $ 53,000
Lee, Alabama 2 $ 252,000 $ 126,000 $ 52,000
Mobile, Alabama 2 $ 155,000 $ 77,500 $ 26,000
Crawford, Arkansas 2 $ 115,000 $ 57,500 $ 36,000
Cass, Missouri 2 $ 443,000 $ 221,500 $ 51,000
Taney, Missouri 2 $ 550,000 $ 275,000 $ 57,000
Bernalillo, New Mexico 2 $ 488,000 $ 244,000 $ 264,000
Fayette, Tennessee 2 $ 421,000 $ 210,500 $ 187,000
Blanco, Texas 2 $ 158,000 $ 79,000 $ 85,000
Comanche, Texas 2 $ 179,000 $ 89,500 $ 80,000
Ector, Texas 2 $ 283,000 $ 141,500 $ 88,000
Falls, Texas 2 $ 165,000 $ 82,500 $ 38,000
Gonzales, Texas 2 $ 233,000 $ 116,500 $ 41,000
Jackson, Texas 2 $ 108,000 $ 54,000 $ 44,000
Lee, Texas 2 $ 144,000 $ 72,000 $ 38,000
Limestone, Texas 2 $ 116,000 $ 58,000 $ 33,000
Llano, Texas 2 $ 172,000 $ 86,000 $ 58,000
Matagorda, Texas 2 $ 167,000 $ 83,500 $ 71,000
McCulloch, Texas 2 $ 84,000 $ 42,000 $ 58,000
Milam, Texas 2 $ 282,000 $ 141,000 $ 72,000
Mills, Texas 2 $ 209,000 $ 104,500 $ 55,000
Newton, Texas 2 $ 145,000 $ 72,500 $ 47,000
Orange, Texas 2 $ 143,000 $ 71,500 $ 47,000
Panola, Texas 2 $ 259,000 $ 129,500 $ 56,000
Van Zandt, Texas 2 $ 134,000 $ 67,000 $ 51,000
Ward, Texas 2 $ 115,000 $ 57,500 $ 33,000
Wharton, Texas 2 $ 326,000 $ 163,000 $ 72,000
Young, Texas 2 $ 182,000 $ 91,000 $ 67,000
Autauga, Alabama 1 $ 50,000 $ 50,000 $ 25,000
Barbour, Alabama 1 $ 32,000 $ 32,000 $ 27,000
Butler, Alabama 1 $ 108,000 $ 108,000 $ 50,000
Cherokee, Alabama 1 $ 101,000 $ 101,000 $ 29,000
Choctaw, Alabama 1 $ 66,000 $ 66,000 $ 39,000
Clay, Alabama 1 $ 84,000 $ 84,000 $ 75,000
Elmore, Alabama 1 $ 81,000 $ 81,000 $ 19,000
Escambia, Alabama 1 $ 98,000 $ 98,000 $ 32,000
Jackson, Alabama 1 $ 113,000 $ 113,000 $ 48,000
Lauderdale, Alabama 1 $ 50,000 $ 50,000 $ 30,000
Limestone, Alabama 1 $ 96,000 $ 96,000 $ 49,000
Morgan, Alabama 1 $ 98,000 $ 98,000 $ 69,000
Walker, Alabama 1 $ 79,000 $ 79,000 $ 42,000
Winston, Alabama 1 $ 64,000 $ 64,000 $ 39,000
Desha, Arkansas 1 $ 76,000 $ 76,000 $ 35,000
Denver, Colorado 1 $ 174,000 $ 174,000 $ 60,000
Jefferson, Kentucky 1 $ 105,000 $ 105,000 $ 46,000
Bossier, Louisiana 1 $ 77,000 $ 77,000 $ 25,000
St. Louis, Missouri 1 $ 86,000 $ 86,000 $ 22,000
Brown, Nebraska 1 $ 141,000 $ 141,000 $ 60,000
Adair, Oklahoma 1 $ 133,000 $ 133,000 $ 52,000
Comanche, Oklahoma 1 $ 200,000 $ 200,000 $ 118,000
Garfield, Oklahoma 1 $ 173,000 $ 173,000 $ 126,000
Ottawa, Oklahoma 1 $ 95,000 $ 95,000 $ 32,000
Rogers, Oklahoma 1 $ 78,000 $ 78,000 $ 26,000
Sequoyah, Oklahoma 1 $ 131,000 $ 131,000 $ 65,000
Chester, South Carolina 1 $ 104,000 $ 104,000 $ 33,000
Hamilton, Tennessee 1 $ 137,000 $ 137,000 $ 36,000
Marshall, Tennessee 1 $ 95,000 $ 95,000 $ 28,000
Anderson, Texas 1 $ 86,000 $ 86,000 $ 95,000
Archer, Texas 1 $ 166,000 $ 166,000 $ 82,000
Austin, Texas 1 $ 171,000 $ 171,000 $ 49,000
Bee, Texas 1 $ 97,000 $ 97,000 $ 77,000
Brewster, Texas 1 $ 149,000 $ 149,000 $ 47,000
Brooks, Texas 1 $ 50,000 $ 50,000 $ 43,000
Chambers, Texas 1 $ 155,000 $ 155,000 $ 62,000
Cherokee, Texas 1 $ 94,000 $ 94,000 $ 34,000
Childress, Texas 1 $ 45,000 $ 45,000 $ 17,000
Coryell, Texas 1 $ 110,000 $ 110,000 $ 56,000
Dawson, Texas 1 $ 72,000 $ 72,000 $ 73,000
Delta, Texas 1 $ 67,000 $ 67,000 $ 24,000
Duval, Texas 1 $ 169,000 $ 169,000 $ 75,000
Eastland, Texas 1 $ 45,000 $ 45,000 $ 63,000
Erath, Texas 1 $ 108,000 $ 108,000 $ 27,000
Franklin, Texas 1 $ 106,000 $ 106,000 $ 58,000
Freestone, Texas 1 $ 53,000 $ 53,000 $ 36,000
Gray, Texas 1 $ 63,000 $ 63,000 $ 26,000
Hale, Texas 1 $ 86,000 $ 86,000 $ 45,000
Hamilton, Texas 1 $ 64,000 $ 64,000 $ 49,000
Hardin, Texas 1 $ 99,000 $ 99,000 $ 94,000
Hockley, Texas 1 $ 126,000 $ 126,000 $ 64,000
Hopkins, Texas 1 $ 110,000 $ 110,000 $ 29,000
Kendall, Texas 1 $ 152,000 $ 152,000 $ 45,000
Lamar, Texas 1 $ 97,000 $ 97,000 $ 44,000
Mason, Texas 1 $ 114,000 $ 114,000 $ 73,000
Pecos, Texas 1 $ 74,000 $ 74,000 $ 69,000
Red River, Texas 1 $ 42,000 $ 42,000 $ 47,000
Robertson, Texas 1 $ 107,000 $ 107,000 $ 41,000
Runnels, Texas 1 $ 72,000 $ 72,000 $ 40,000
Starr, Texas 1 $ 104,000 $ 104,000 $ 51,000
Sutton, Texas 1 $ 114,000 $ 114,000 $ 53,000
Titus, Texas 1 $ 80,000 $ 80,000 $ 42,000
Tyler, Texas 1 $ 44,000 $ 44,000 $ 35,000
Wichita, Texas 1 $ 181,000 $ 181,000 $ 53,000
Wilbarger, Texas 1 $ 118,000 $ 118,000 $ 42,000
Wood, Texas 1 $ 112,000 $ 112,000 $ 38,000

Mortgage Loan Application Detail Totals for Alethes, LLC in 2007

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 3,655 $434,499,000 $118,000 $759,000 $58,000 $999,000
Refinancing 393 $50,198,000 $127,000 $1,028,000 $70,000 $490,000
Home Improvement 1 $157,000 $157,000 $157,000 $83,000 $83,000

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 1,806 $219,165,000 $121,000 $1,028,000 $66,000 $999,000
Black or African American 1,022 $124,847,000 $122,000 $637,000 $54,000 $392,000
Hispanic 948 $108,259,000 $114,000 $515,000 $53,000 $360,000
Not Provided 208 $24,993,000 $120,000 $410,000 $59,000 $273,000
Asian 40 $4,863,000 $121,000 $220,000 $72,000 $188,000
American Indian or Alaskan Native 17 $1,751,000 $103,000 $148,000 $44,000 $92,000
Native Hawaiian or Other Pacific Islander 8 $976,000 $122,000 $160,000 $49,000 $83,000
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
FHA-insured (Federal Housing Administration) 2,949 $339,727,000 $115,000 $203,000 $53,000 $999,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 982 $129,617,000 $131,000 $1,028,000 $81,000 $999,000
VA-guaranteed (Veterans Administration) 110 $14,643,000 $133,000 $350,000 $57,000 $138,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 8 $867,000 $108,000 $163,000 $47,000 $69,000

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 3,105 $368,828,000 $118,000 $857,000 $59,000 $999,000
Application Approved But Not Accepted 414 $46,922,000 $113,000 $386,000 $59,000 $999,000
File Closed For Incompleteness 231 $30,405,000 $131,000 $1,028,000 $62,000 $492,000
Application Denied By Financial Institution 178 $22,973,000 $129,000 $390,000 $59,000 $265,000
Application Withdrawn By Applicant 121 $15,726,000 $129,000 $711,000 $59,000 $287,000
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 45 $4,935,000 $109,000 $203,000 $48,000 $128,000
Debt-To-Income Ratio 17 $2,313,000 $136,000 $333,000 $45,000 $70,000
Unverifiable Information 7 $695,000 $99,000 $141,000 $50,000 $88,000
Collateral 4 $395,000 $98,000 $155,000 $41,000 $64,000
Employment History 3 $334,000 $111,000 $140,000 $60,000 $78,000
Insufficient Cash (Downpayment, Closing Cost) 3 $427,000 $142,000 $244,000 $106,000 $264,000
Mortgage Insurance Denied 1 $78,000 $78,000 $78,000 $37,000 $37,000
Other 1 $158,000 $158,000 $158,000 $89,000 $89,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Alethes, LLC's 2007 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 Alethes, LLC'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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