American Southwest Mortgage Corp. Mortgage Lending & HMDA Data, 2017

In 2017, American Southwest Mortgage Corp. of Oklahoma City, OK reported 4,691 mortgage applications totaling $837.9 million, down 41% from 2016. The average application was for $178,609, and applicants reported an average income of $74,849. 85% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Oklahoma City, OK (618), Omaha-Council Bluffs, NE-IA (381) and Dallas-Plano-Irving, TX (361) (applications in parentheses).

Mortgage Company & Address American Southwest Mortgage Corp.
5900 Mosteller Drive Suite 10
Oklahoma City, OK 73112
Tel #: available with data download
Federal Regulator * available with data download
Years 2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 4,691
Total Mortgage Loan Application Amount $837,857,000
Average Mortgage Loan Application Amount $178,609
Highest Mortgage Loan Application Amount $591,000
Average Applicant Income $74,849
Highest Applicant Income $607,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records American Southwest Mortgage Corp. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 American Southwest Mortgage Corp. by Metropolitan Area in 2017

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Oklahoma City, OK 618 $ 108,141,000 $ 174,985 $ 82,000
Omaha-Council Bluffs, NE-IA 381 $ 76,753,000 $ 201,451 $ 99,041
Dallas-Plano-Irving, TX 361 $ 96,291,000 $ 266,734 $ 104,000
Shreveport-Bossier City, LA 258 $ 54,659,000 $ 211,856 $ 87,000
Fort Worth-Arlington, TX 194 $ 49,406,000 $ 254,670 $ 103,000
Tulsa, OK 161 $ 28,221,000 $ 175,285 $ 80,000
Lake Charles, LA 118 $ 24,343,000 $ 206,296 $ 90,000
Des Moines-West Des Moines, IA 99 $ 15,286,000 $ 154,404 $ 65,000
Denver-Aurora-Lakewood, CO 84 $ 25,192,000 $ 299,904 $ 91,000
Enid, OK 63 $ 10,745,000 $ 170,555 $ 83,000
Hammond, LA 63 $ 9,958,000 $ 158,063 $ 59,000
Louisville/Jefferson County, KY-IN 62 $ 8,719,000 $ 140,629 $ 48,903
Greensboro-High Point, NC 60 $ 6,293,000 $ 104,883 $ 40,000
Alexandria, LA 58 $ 9,087,000 $ 156,672 $ 63,000
Sioux City, IA-NE-SD 56 $ 8,194,000 $ 146,321 $ 70,446
Spartanburg, SC 43 $ 6,214,000 $ 144,511 $ 47,000
Charlotte-Concord-Gastonia, NC-SC 39 $ 6,039,000 $ 154,846 $ 51,512
Huntington-Ashland, WV-KY-OH 39 $ 4,699,000 $ 120,487 $ 51,461
Salem, OR 34 $ 7,677,000 $ 225,794 $ 90,000
Portland-Vancouver-Hillsboro, OR-WA 29 $ 8,642,000 $ 298,000 $ 90,862
Columbus, OH 24 $ 3,031,000 $ 126,291 $ 51,000
Lexington-Fayette, KY 22 $ 3,625,000 $ 164,772 $ 64,000
Colorado Springs, CO 21 $ 5,635,000 $ 268,333 $ 97,000
Houma-Thibodaux, LA 21 $ 3,429,000 $ 163,285 $ 68,000
Lafayette, LA 21 $ 3,502,000 $ 166,761 $ 65,000
New Orleans-Metairie, LA 21 $ 3,690,000 $ 175,714 $ 68,000
Lincoln, NE 17 $ 2,703,000 $ 159,000 $ 95,000
Raleigh, NC 17 $ 3,025,000 $ 177,941 $ 44,000
Baton Rouge, LA 16 $ 2,701,000 $ 168,812 $ 61,000
Columbia, SC 16 $ 2,631,000 $ 164,437 $ 51,000
Minneapolis-St. Paul-Bloomington, MN-WI 15 $ 2,654,000 $ 176,933 $ 64,000
San Antonio-New Braunfels, TX 15 $ 2,745,000 $ 183,000 $ 58,000
Houston-The Woodlands-Sugar Land, TX 14 $ 2,669,000 $ 190,642 $ 81,000
Tyler, TX 14 $ 2,202,000 $ 157,285 $ 83,000
Fort Smith, AR-OK 13 $ 1,647,000 $ 126,692 $ 66,461
Sioux Falls, SD 13 $ 2,286,000 $ 175,846 $ 76,000
Winston-Salem, NC 13 $ 1,829,000 $ 140,692 $ 45,000
Eugene, OR 12 $ 2,803,000 $ 233,583 $ 70,000
Jackson, TN 12 $ 997,000 $ 83,083 $ 35,000
Brownsville-Harlingen, TX 11 $ 1,777,000 $ 161,545 $ 76,000
Fayetteville-Springdale-Rogers, AR-MO 11 $ 1,505,000 $ 136,818 $ 51,000
Fort Collins, CO 11 $ 3,084,000 $ 280,363 $ 105,000
Knoxville, TN 11 $ 1,627,000 $ 147,909 $ 45,000
Medford, OR 11 $ 2,555,000 $ 232,272 $ 80,000
El Paso, TX 10 $ 797,000 $ 79,700 $ 38,000
Greeley, CO 9 $ 3,016,000 $ 335,111 $ 89,000
Hickory-Lenoir-Morganton, NC 8 $ 969,000 $ 121,125 $ 50,000
Austin-Round Rock, TX 7 $ 1,860,000 $ 265,714 $ 94,000
Durham-Chapel Hill, NC 7 $ 1,076,000 $ 153,714 $ 51,000
McAllen-Edinburg-Mission, TX 7 $ 1,064,000 $ 152,000 $ 67,000
Albuquerque, NM 6 $ 1,085,000 $ 180,833 $ 61,000
Cedar Rapids, IA 6 $ 723,000 $ 120,500 $ 43,000
Greenville-Anderson-Mauldin, SC 6 $ 840,000 $ 140,000 $ 52,000
Kansas City, MO-KS 6 $ 760,000 $ 126,666 $ 49,166
Winchester, VA-WV 6 $ 1,243,000 $ 207,166 $ 59,000
Monroe, LA 5 $ 1,022,000 $ 204,400 $ 66,000
Sherman-Denison, TX 4 $ 760,000 $ 190,000 $ 62,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 4 $ 1,242,000 $ 310,500 $ 82,000
Ames, IA 3 $ 450,000 $ 150,000 $ 58,000
Boise City, ID 3 $ 714,000 $ 238,000 $ 65,000
Boulder, CO 3 $ 1,078,000 $ 359,333 $ 92,000
Burlington, NC 3 $ 365,000 $ 121,666 $ 42,000
Cincinnati, OH-KY-IN 3 $ 292,000 $ 97,333 $ 44,333
Killeen-Temple, TX 3 $ 583,000 $ 194,333 $ 71,000
Laredo, TX 3 $ 351,000 $ 117,000 $ 51,000
St. Cloud, MN 3 $ 791,000 $ 263,666 $ 74,000
Beaumont-Port Arthur, TX 2 $ 356,000 $ 178,000 $ 72,000
Canton-Massillon, OH 2 $ 298,000 $ 149,000 $ 53,000
Elizabethtown-Fort Knox, KY 2 $ 263,000 $ 131,500 $ 51,000
Flint, MI 2 $ 211,000 $ 105,500 $ 35,000
Lubbock, TX 2 $ 260,000 $ 130,000 $ 65,000
Madison, WI 2 $ 412,000 $ 206,000 $ 55,000
Spokane-Spokane Valley, WA 2 $ 472,000 $ 236,000 $ 59,000
Wichita Falls, TX 2 $ 148,000 $ 74,000 $ 104,000
Albany, OR 1 $ 344,000 $ 344,000 $ 42,000
Amarillo, TX 1 $ 319,000 $ 319,000 $ 79,000
Augusta-Richmond County, GA-SC 1 $ 190,000 $ 190,000 $ 73,000
Bend-Redmond, OR 1 $ 250,000 $ 250,000 $ 49,000
Bremerton-Silverdale, WA 1 $ 283,000 $ 283,000 $ 97,000
Clarksville, TN-KY 1 $ 232,000 $ 232,000 $ 68,000
Cleveland, TN 1 $ 67,000 $ 67,000 $ 26,000
Columbia, MO 1 $ 142,000 $ 142,000 $ 30,000
Davenport-Moline-Rock Island, IA-IL 1 $ 127,000 $ 127,000 $ 45,000
Dubuque, IA 1 $ 275,000 $ 275,000 $ 77,000
Elgin, IL 1 $ 105,000 $ 105,000 $ 112,000
Farmington, NM 1 $ 183,000 $ 183,000 $ 60,000
Grand Junction, CO 1 $ 364,000 $ 364,000 $ 91,000
Grand Rapids-Wyoming, MI 1 $ 141,000 $ 141,000 $ 49,000
Grants Pass, OR 1 $ 153,000 $ 153,000 $ 38,000
Harrisonburg, VA 1 $ 130,000 $ 130,000 $ 41,000
Hilton Head Island-Bluffton-Beaufort, SC 1 $ 237,000 $ 237,000 $ 99,000
Indianapolis-Carmel-Anderson, IN 1 $ 99,000 $ 99,000 $ 33,000
Iowa City, IA 1 $ 157,000 $ 157,000 $ 58,000
Jackson, MI 1 $ 86,000 $ 86,000 $ 25,000
Kennewick-Richland, WA 1 $ 64,000 $ 64,000 $ 19,000
Kingsport-Bristol-Bristol, TN-VA 1 $ 120,000 $ 120,000 $ 29,000
Lansing-East Lansing, MI 1 $ 275,000 $ 275,000 $ 120,000
Lawton, OK 1 $ 148,000 $ 148,000 $ 83,000
Little Rock-North Little Rock-Conway, AR 1 $ 155,000 $ 155,000 $ 33,000
Longview, TX 1 $ 150,000 $ 150,000 $ 72,000
Mankato-North Mankato, MN 1 $ 245,000 $ 245,000 $ 61,000
Midland, TX 1 $ 194,000 $ 194,000 $ 106,000
Nashville-Davidson--Murfreesboro--Franklin, TN 1 $ 200,000 $ 200,000 $ 56,000
North Port-Sarasota-Bradenton, FL 1 $ 282,000 $ 282,000 $ 87,000
Orlando-Kissimmee-Sanford, FL 1 $ 188,000 $ 188,000 $ 45,000
Pocatello, ID 1 $ 120,000 $ 120,000 $ 49,000
Portland-South Portland, ME 1 $ 128,000 $ 128,000 $ 92,000
Rochester, MN 1 $ 155,000 $ 155,000 $ 46,000
Saginaw, MI 1 $ 97,000 $ 97,000 $ 29,000
San Angelo, TX 1 $ 44,000 $ 44,000 $ 49,000
Seattle-Bellevue-Everett, WA 1 $ 201,000 $ 201,000 $ 66,000
St. Louis, MO-IL 1 $ 144,000 $ 144,000 $ 88,000
Tacoma-Lakewood, WA 1 $ 143,000 $ 143,000 $ 171,000
Tampa-St. Petersburg-Clearwater, FL 1 $ 241,000 $ 241,000 $ 68,000
Topeka, KS 1 $ 105,000 $ 105,000 $ 113,000
Tuscaloosa, AL 1 $ 142,000 $ 142,000 $ 40,000
Virginia Beach-Norfolk-Newport News, VA-NC 1 $ 220,000 $ 220,000 $ 86,000
Warren-Troy-Farmington Hills, MI 1 $ 168,000 $ 168,000 $ 41,000
Wheeling, WV-OH 1 $ 96,000 $ 96,000 $ 57,000
Wilmington, NC 1 $ 157,000 $ 157,000 $ 53,000

Mortgage Loan Application Detail Totals for American Southwest Mortgage Corp. 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 4,062 $713,336,000 $175,000 $591,000 $73,000 $607,000
Refinancing 607 $120,487,000 $198,000 $567,000 $87,000 $562,000
Home Improvement 22 $4,034,000 $183,000 $474,000 $81,000 $206,000

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 3,638 $630,943,000 $173,000 $591,000 $75,000 $607,000
Hispanic 333 $63,467,000 $190,000 $424,000 $72,000 $392,000
Black or African American 319 $63,359,000 $198,000 $574,000 $73,000 $322,000
Not Provided 202 $43,156,000 $213,000 $467,000 $84,000 $232,000
American Indian or Alaskan Native 113 $19,066,000 $168,000 $412,000 $71,000 $255,000
Asian 75 $15,966,000 $212,000 $580,000 $89,000 $325,000
Native Hawaiian or Other Pacific Islander 11 $1,900,000 $172,000 $287,000 $67,000 $140,000
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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 1,379 $282,541,000 $204,000 $580,000 $100,000 $607,000
FHA-insured (Federal Housing Administration) 1,337 $242,894,000 $181,000 $463,000 $73,000 $267,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1,285 $158,072,000 $123,000 $591,000 $46,000 $147,000
VA-guaranteed (Veterans Administration) 690 $154,350,000 $223,000 $574,000 $82,000 $492,000

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 3,964 $713,561,000 $180,000 $580,000 $76,000 $575,000
Application Approved But Not Accepted 277 $45,440,000 $164,000 $591,000 $66,000 $607,000
Application Denied By Financial Institution 254 $44,326,000 $174,000 $567,000 $65,000 $562,000
Loan Purchased By The Institution 132 $22,096,000 $167,000 $417,000 $83,000 $408,000
Application Withdrawn By Applicant 64 $12,434,000 $194,000 $410,000 $83,000 $255,000
File Closed For Incompleteness 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 Application Incomplete 33 $6,792,000 $205,000 $417,000 $78,000 $267,000
Debt-To-Income Ratio 6 $1,390,000 $231,000 $424,000 $67,000 $155,000
Other 4 $870,000 $217,000 $374,000 $61,000 $90,000
Collateral 4 $603,000 $150,000 $200,000 $65,000 $125,000
Unverifiable Information 3 $573,000 $191,000 $241,000 $64,000 $89,000
Credit History 2 $172,000 $86,000 $92,000 $36,000 $48,000
Employment History 1 $264,000 $264,000 $264,000 $71,000 $71,000
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 American Southwest Mortgage Corp.'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 American Southwest Mortgage Corp.'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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