American Homestar Mortgage, LLC Mortgage Lending & HMDA Data, 2016

In 2016, American Homestar Mortgage, LLC of League City, TX reported 523 mortgage applications totaling $80.7 million, up 19% from 2015. The average application was for $154,359, and applicants reported an average income of $60,045. 10% of its applications resulted in an originated loan and 63% were denied. Its largest markets were Fort Worth-Arlington, TX (74), San Antonio-New Braunfels, TX (42) and Houston-The Woodlands-Sugar Land, TX (34) (applications in parentheses).

Mortgage Company & Address American Homestar Mortgage, LLC
2450 South Shore Blvd., Suite 301
League City, TX 77573
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2007  
Total Number of Mortgage Applications 523
Total Mortgage Loan Application Amount $80,730,000
Average Mortgage Loan Application Amount $154,359
Highest Mortgage Loan Application Amount $276,000
Average Applicant Income $60,045
Highest Applicant Income $275,000

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records American Homestar Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for American Homestar Mortgage, LLC 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 522 $80,632,000 $154,000 $276,000 $60,000 $275,000
Refinancing 1 $98,000 $98,000 $98,000 $84,000 $84,000
Home Improvement 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 369 $57,565,000 $156,000 $276,000 $61,000 $275,000
Hispanic 114 $17,177,000 $150,000 $267,000 $60,000 $160,000
Black or African American 27 $4,066,000 $150,000 $271,000 $53,000 $121,000
American Indian or Alaskan Native 5 $766,000 $153,000 $188,000 $57,000 $84,000
Native Hawaiin or Other Pacific Islander 4 $569,000 $142,000 $188,000 $48,000 $72,000
Not Provided 3 $410,000 $136,000 $167,000 $53,000 $100,000
Asian 1 $177,000 $177,000 $177,000 $85,000 $85,000
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) 523 $80,730,000 $154,000 $276,000 $60,000 $275,000
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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 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
Application Denied By Financial Institution 327 $47,995,000 $146,000 $276,000 $55,000 $166,000
Application Withdrawn By Applicant 139 $22,694,000 $163,000 $276,000 $68,000 $189,000
Loan Originated 51 $8,954,000 $175,000 $276,000 $72,000 $275,000
Application Approved But Not Accepted 6 $1,087,000 $181,000 $220,000 $60,000 $90,000
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 225 $32,539,000 $144,000 $275,000 $54,000 $156,000
Debt-To-Income Ratio 83 $12,259,000 $147,000 $271,000 $55,000 $162,000
Employment History 10 $1,572,000 $157,000 $205,000 $54,000 $97,000
Collateral 5 $1,065,000 $213,000 $276,000 $109,000 $166,000
Credit Application Incomplete 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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into American Homestar Mortgage, LLC'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 American Homestar Mortgage, 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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