American Homestar Mortgage, LLC Mortgage Lending & HMDA Data, 2020

In 2020, American Homestar Mortgage, LLC of League City, TX reported 396 mortgage applications totaling $75.2 million, down 8% from 2019. The average application was for $189,797, and applicants reported an average income of $67,000. 10% of its applications resulted in an originated loan and 54% were denied. Its largest markets were Houston-The Woodlands-Sugar Land, TX (59), San Antonio-New Braunfels, TX (41) and Fort Worth-Arlington, TX (28) (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 396
Total Mortgage Loan Application Amount $75,160,000
Average Mortgage Loan Application Amount $189,797
Highest Mortgage Loan Application Amount $335,000
Average Applicant Income $67,000
Highest Applicant Income $493,000

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records American Homestar Mortgage, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2020

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 396 $75,160,000 $189,000 $335,000 $67,000 $493,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Refinancing 0 $0 $0 $0 $0 $0
Cash-out Refinancing 0 $0 $0 $0 $0 $0
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 239 $44,675,000 $186,000 $335,000 $68,000 $235,000
Hispanic 121 $23,825,000 $196,000 $335,000 $68,000 $493,000
Black or African American 28 $5,300,000 $189,000 $265,000 $60,000 $159,000
American Indian or Alaskan Native 8 $1,360,000 $170,000 $255,000 $59,000 $90,000
Asian 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Not Provided 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) 396 $75,160,000 $189,000 $335,000 $67,000 $493,000
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 215 $38,955,000 $181,000 $335,000 $61,000 $493,000
Application Withdrawn By Applicant 116 $23,700,000 $204,000 $315,000 $77,000 $235,000
Loan Originated 40 $7,640,000 $191,000 $295,000 $73,000 $159,000
Application Approved But Not Accepted 25 $4,865,000 $194,000 $335,000 $70,000 $144,000
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
Not applicable 181 $36,205,000 $200,000 $335,000 $75,000 $235,000
Credit History 169 $30,155,000 $178,000 $335,000 $63,000 $493,000
Debt-To-Income Ratio 35 $6,825,000 $195,000 $335,000 $50,000 $138,000
Employment History 5 $865,000 $173,000 $235,000 $62,000 $98,000
Other 2 $390,000 $195,000 $215,000 $42,000 $43,000
Unverifiable Information 2 $360,000 $180,000 $185,000 $101,000 $117,000
Collateral 1 $145,000 $145,000 $145,000 $71,000 $71,000
Mortgage Insurance Denied 1 $215,000 $215,000 $215,000 $69,000 $69,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into American Homestar Mortgage, LLC's 2020 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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