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

In 2017, American Southwest Mortgage Funding Corp of Oklahoma City, OK reported 4,441 mortgage applications totaling $741.7 million, up 9% from 2016. The average application was for $167,011, and applicants reported an average income of $75,956. 75% of its applications resulted in an originated loan and 11% were denied. Its largest markets were Oklahoma City, OK (948), Tulsa, OK (430) and Des Moines-West Des Moines, IA (318) (applications in parentheses).

Mortgage Company & Address American Southwest Mortgage Funding Corp
5900 Mosteller Drive Suite 8
Oklahoma City, OK 73112
Tel #: available with data download
Federal Regulator * available with data download
Years 2017  2016  
Total Number of Mortgage Applications 4,441
Total Mortgage Loan Application Amount $741,698,000
Average Mortgage Loan Application Amount $167,011
Highest Mortgage Loan Application Amount $1,300,000
Average Applicant Income $75,956
Highest Applicant Income $1,702,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records American Southwest Mortgage Funding Corp filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Funding 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 948 $ 152,860,000 $ 161,244 $ 73,000
Tulsa, OK 430 $ 70,034,000 $ 162,869 $ 71,000
Des Moines-West Des Moines, IA 318 $ 58,281,000 $ 183,273 $ 86,000
Flint, MI 299 $ 39,573,000 $ 132,351 $ 65,000
Jackson, MS 203 $ 30,426,000 $ 149,881 $ 56,000
Kansas City, MO-KS 173 $ 26,548,000 $ 153,456 $ 67,815
Dallas-Plano-Irving, TX 148 $ 36,912,000 $ 249,405 $ 120,000
Houston-The Woodlands-Sugar Land, TX 129 $ 26,515,000 $ 205,542 $ 97,000
Knoxville, TN 106 $ 14,694,000 $ 138,622 $ 56,000
Warren-Troy-Farmington Hills, MI 94 $ 14,643,000 $ 155,776 $ 68,000
Fort Worth-Arlington, TX 85 $ 17,479,000 $ 205,635 $ 96,000
Tampa-St. Petersburg-Clearwater, FL 74 $ 13,438,000 $ 181,594 $ 118,000
Lafayette, LA 65 $ 11,856,000 $ 182,400 $ 71,000
New Orleans-Metairie, LA 63 $ 9,691,000 $ 153,825 $ 65,000
Denver-Aurora-Lakewood, CO 61 $ 19,881,000 $ 325,918 $ 125,000
Fayetteville-Springdale-Rogers, AR-MO 56 $ 8,071,000 $ 144,125 $ 61,428
Little Rock-North Little Rock-Conway, AR 54 $ 7,777,000 $ 144,018 $ 64,000
Baton Rouge, LA 45 $ 6,901,000 $ 153,355 $ 53,000
Omaha-Council Bluffs, NE-IA 37 $ 5,586,000 $ 150,972 $ 76,000
Austin-Round Rock, TX 32 $ 7,288,000 $ 227,750 $ 85,000
San Antonio-New Braunfels, TX 32 $ 5,481,000 $ 171,281 $ 70,000
Shreveport-Bossier City, LA 29 $ 5,715,000 $ 197,068 $ 76,000
El Paso, TX 19 $ 3,009,000 $ 158,368 $ 79,000
Corpus Christi, TX 13 $ 1,854,000 $ 142,615 $ 76,000
Morristown, TN 13 $ 1,823,000 $ 140,230 $ 60,000
Enid, OK 11 $ 1,410,000 $ 128,181 $ 63,000
Davenport-Moline-Rock Island, IA-IL 9 $ 961,000 $ 106,777 $ 72,000
Killeen-Temple, TX 9 $ 1,398,000 $ 155,333 $ 62,000
Orlando-Kissimmee-Sanford, FL 9 $ 2,119,000 $ 235,444 $ 120,000
Saginaw, MI 9 $ 955,000 $ 106,111 $ 56,000
Amarillo, TX 8 $ 1,327,000 $ 165,875 $ 103,000
Beaumont-Port Arthur, TX 8 $ 1,391,000 $ 173,875 $ 102,000
Boulder, CO 8 $ 3,323,000 $ 415,375 $ 143,000
St. Joseph, MO-KS 8 $ 1,202,000 $ 150,250 $ 74,000
Ames, IA 7 $ 1,143,000 $ 163,285 $ 80,000
Atlanta-Sandy Springs-Roswell, GA 7 $ 2,042,000 $ 291,714 $ 113,000
Laredo, TX 7 $ 1,321,000 $ 188,714 $ 76,000
Ogden-Clearfield, UT 7 $ 1,305,000 $ 186,428 $ 67,000
Waco, TX 7 $ 896,000 $ 128,000 $ 76,000
Charlotte-Concord-Gastonia, NC-SC 6 $ 934,000 $ 155,666 $ 71,833
Colorado Springs, CO 6 $ 1,546,000 $ 257,666 $ 108,000
Detroit-Dearborn-Livonia, MI 6 $ 614,000 $ 102,333 $ 58,000
Greeley, CO 6 $ 1,709,000 $ 284,833 $ 112,000
Jonesboro, AR 6 $ 875,000 $ 145,833 $ 59,000
Ann Arbor, MI 5 $ 1,533,000 $ 306,600 $ 102,000
Cedar Rapids, IA 5 $ 794,000 $ 158,800 $ 76,000
Fort Collins, CO 5 $ 1,769,000 $ 353,800 $ 153,000
Nashville-Davidson--Murfreesboro--Franklin, TN 5 $ 933,000 $ 186,600 $ 94,000
Hattiesburg, MS 4 $ 447,000 $ 111,750 $ 50,000
Houma-Thibodaux, LA 4 $ 647,000 $ 161,750 $ 67,000
Lake Charles, LA 4 $ 715,000 $ 178,750 $ 65,000
Lansing-East Lansing, MI 4 $ 414,000 $ 103,500 $ 44,000
Lawton, OK 4 $ 794,000 $ 198,500 $ 69,000
McAllen-Edinburg-Mission, TX 4 $ 579,000 $ 144,750 $ 76,000
North Port-Sarasota-Bradenton, FL 4 $ 662,000 $ 165,500 $ 101,000
Odessa, TX 4 $ 627,000 $ 156,750 $ 52,000
Provo-Orem, UT 4 $ 1,243,000 $ 310,750 $ 84,000
Sherman-Denison, TX 4 $ 870,000 $ 217,500 $ 104,000
Tyler, TX 4 $ 653,000 $ 163,250 $ 115,000
Wichita Falls, TX 4 $ 464,000 $ 116,000 $ 71,000
Chattanooga, TN-GA 3 $ 720,000 $ 240,000 $ 96,666
Cincinnati, OH-KY-IN 3 $ 399,000 $ 133,000 $ 62,000
Cleveland-Elyria, OH 3 $ 380,000 $ 126,666 $ 104,000
Fort Smith, AR-OK 3 $ 374,000 $ 124,666 $ 62,000
Gainesville, FL 3 $ 588,000 $ 196,000 $ 93,000
Grand Junction, CO 3 $ 603,000 $ 201,000 $ 85,000
Gulfport-Biloxi-Pascagoula, MS 3 $ 594,000 $ 198,000 $ 71,000
Joplin, MO 3 $ 288,000 $ 96,000 $ 48,000
Lincoln, NE 3 $ 478,000 $ 159,333 $ 60,000
Lubbock, TX 3 $ 480,000 $ 160,000 $ 58,000
Midland, MI 3 $ 287,000 $ 95,666 $ 72,000
Minneapolis-St. Paul-Bloomington, MN-WI 3 $ 563,000 $ 187,666 $ 50,000
Phoenix-Mesa-Scottsdale, AZ 3 $ 651,000 $ 217,000 $ 128,000
Salt Lake City, UT 3 $ 791,000 $ 263,666 $ 62,000
Chicago-Naperville-Arlington Heights, IL 2 $ 420,000 $ 210,000 $ 78,000
College Station-Bryan, TX 2 $ 283,000 $ 141,500 $ 59,000
Grand Rapids-Wyoming, MI 2 $ 225,000 $ 112,500 $ 42,000
Greenville-Anderson-Mauldin, SC 2 $ 292,000 $ 146,000 $ 35,000
Hammond, LA 2 $ 461,000 $ 230,500 $ 56,000
Indianapolis-Carmel-Anderson, IN 2 $ 246,000 $ 123,000 $ 42,000
Iowa City, IA 2 $ 909,000 $ 454,500 $ 157,000
Jacksonville, FL 2 $ 361,000 $ 180,500 $ 55,000
Lakeland-Winter Haven, FL 2 $ 319,000 $ 159,500 $ 50,000
Manhattan, KS 2 $ 455,000 $ 227,500 $ 102,000
Midland, TX 2 $ 473,000 $ 236,500 $ 141,000
Monroe, LA 2 $ 365,000 $ 182,500 $ 88,000
Muncie, IN 2 $ 284,000 $ 142,000 $ 116,000
Naples-Immokalee-Marco Island, FL 2 $ 680,000 $ 340,000 $ 94,000
Springfield, MO 2 $ 390,000 $ 195,000 $ 96,000
St. Louis, MO-IL 2 $ 305,000 $ 152,500 $ 56,000
Topeka, KS 2 $ 252,000 $ 126,000 $ 49,000
Waterloo-Cedar Falls, IA 2 $ 193,000 $ 96,500 $ 48,000
Wichita, KS 2 $ 261,000 $ 130,500 $ 59,000
Akron, OH 1 $ 245,000 $ 245,000 $ 86,000
Alexandria, LA 1 $ 86,000 $ 86,000 $ 51,000
Bay City, MI 1 $ 151,000 $ 151,000 $ 65,000
Brownsville-Harlingen, TX 1 $ 105,000 $ 105,000 $ 31,000
Cape Girardeau, MO-IL 1 $ 99,000 $ 99,000 $ 55,000
Charleston-North Charleston, SC 1 $ 353,000 $ 353,000 $ 88,000
Clarksville, TN-KY 1 $ 172,000 $ 172,000 $ 74,000
Cleveland, TN 1 $ 218,000 $ 218,000 $ 53,000
Coeur D'Alene, ID 1 $ 149,000 $ 149,000 $ 88,000
Columbia, SC 1 $ 185,000 $ 185,000 $ 109,000
Columbus, OH 1 $ 125,000 $ 125,000 $ 44,000
Crestview-Fort Walton Beach-Destin, FL 1 $ 221,000 $ 221,000 $ 119,000
Dalton, GA 1 $ 385,000 $ 385,000 $ 164,000
Dayton, OH 1 $ 184,000 $ 184,000 $ 62,000
Deltona-Daytona Beach-Ormond Beach, FL 1 $ 230,000 $ 230,000 $ 30,000
Dothan, AL 1 $ 156,000 $ 156,000 $ 55,000
Elgin, IL 1 $ 147,000 $ 147,000 $ 65,000
Fayetteville, NC 1 $ 229,000 $ 229,000 $ 93,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 1 $ 218,000 $ 218,000 $ 77,000
Hartford-West Hartford-East Hartford, CT 1 $ 404,000 $ 404,000 $ 209,000
Hinesville, GA 1 $ 171,000 $ 171,000 $ 0
Homosassa Springs, FL 1 $ 142,000 $ 142,000 $ 39,000
Hot Springs, AR 1 $ 175,000 $ 175,000 $ 104,000
Huntington-Ashland, WV-KY-OH 1 $ 129,000 $ 129,000 $ 70,000
Huntsville, AL 1 $ 208,000 $ 208,000 $ 24,000
Kingsport-Bristol-Bristol, TN-VA 1 $ 103,000 $ 103,000 $ 63,000
Lewiston, ID-WA 1 $ 156,000 $ 156,000 $ 70,000
Longview, TX 1 $ 99,000 $ 99,000 $ 93,000
Memphis, TN-MS-AR 1 $ 236,000 $ 236,000 $ 61,000
Milwaukee-Waukesha-West Allis, WI 1 $ 285,000 $ 285,000 $ 101,000
Mobile, AL 1 $ 301,000 $ 301,000 $ 86,000
Monroe, MI 1 $ 204,000 $ 204,000 $ 96,000
New Bern, NC 1 $ 272,000 $ 272,000 $ 166,000
Niles-Benton Harbor, MI 1 $ 84,000 $ 84,000 $ 62,000
Ocala, FL 1 $ 122,000 $ 122,000 $ 144,000
Oshkosh-Neenah, WI 1 $ 200,000 $ 200,000 $ 77,000
Palm Bay-Melbourne-Titusville, FL 1 $ 155,000 $ 155,000 $ 47,000
Panama City, FL 1 $ 147,000 $ 147,000 $ 53,000
Philadelphia, PA 1 $ 265,000 $ 265,000 $ 120,000
Pocatello, ID 1 $ 148,000 $ 148,000 $ 170,000
Pueblo, CO 1 $ 108,000 $ 108,000 $ 59,000
Racine, WI 1 $ 148,000 $ 148,000 $ 77,000
Raleigh, NC 1 $ 127,000 $ 127,000 $ 4,000
Rochester, MN 1 $ 261,000 $ 261,000 $ 135,000
San Angelo, TX 1 $ 345,000 $ 345,000 $ 192,000
Spartanburg, SC 1 $ 414,000 $ 414,000 $ 46,000
Virginia Beach-Norfolk-Newport News, VA-NC 1 $ 383,000 $ 383,000 $ 88,000
West Palm Beach-Boca Raton-Delray Beach, FL 1 $ 260,000 $ 260,000 $ 47,000
Wilmington, NC 1 $ 975,000 $ 975,000 $ 200,000
York-Hanover, PA 1 $ 113,000 $ 113,000 $ 35,000

Mortgage Loan Application Detail Totals for American Southwest Mortgage Funding 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 3,749 $597,382,000 $159,000 $768,000 $73,000 $1,702,000
Refinancing 675 $141,434,000 $209,000 $1,300,000 $92,000 $1,260,000
Home Improvement 17 $2,882,000 $169,000 $975,000 $91,000 $228,000

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 3,111 $526,897,000 $169,000 $1,300,000 $78,000 $1,702,000
Black or African American 454 $71,868,000 $158,000 $424,000 $60,000 $223,000
Hispanic 381 $59,519,000 $156,000 $645,000 $65,000 $216,000
Not Provided 298 $49,929,000 $167,000 $680,000 $83,000 $1,260,000
American Indian or Alaskan Native 89 $14,757,000 $165,000 $424,000 $69,000 $223,000
Asian 89 $15,089,000 $169,000 $424,000 $85,000 $435,000
Native Hawaiian or Other Pacific Islander 19 $3,639,000 $191,000 $380,000 $74,000 $131,000
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) 1,813 $333,302,000 $183,000 $1,300,000 $93,000 $1,702,000
FHA-insured (Federal Housing Administration) 1,558 $239,544,000 $153,000 $404,000 $66,000 $372,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 636 $84,298,000 $132,000 $272,000 $50,000 $329,000
VA-guaranteed (Veterans Administration) 434 $84,554,000 $194,000 $506,000 $74,000 $290,000

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 3,345 $550,464,000 $164,000 $768,000 $74,000 $595,000
Application Denied By Financial Institution 479 $83,775,000 $174,000 $1,300,000 $72,000 $792,000
Application Withdrawn By Applicant 416 $73,535,000 $176,000 $1,155,000 $85,000 $1,260,000
Application Approved But Not Accepted 201 $33,924,000 $168,000 $1,155,000 $83,000 $1,702,000
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
Debt-To-Income Ratio 14 $2,369,000 $169,000 $299,000 $42,000 $80,000
Credit History 8 $1,284,000 $160,000 $351,000 $67,000 $173,000
Other 7 $1,557,000 $222,000 $308,000 $77,000 $158,000
Employment History 4 $652,000 $163,000 $255,000 $46,000 $62,000
Unverifiable Information 3 $600,000 $200,000 $279,000 $70,000 $139,000
Collateral 3 $274,000 $91,000 $107,000 $65,000 $120,000
Credit Application Incomplete 2 $328,000 $164,000 $250,000 $84,000 $135,000
Insufficient Cash (Downpayment, Closing Cost) 1 $225,000 $225,000 $225,000 $63,000 $63,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into American Southwest Mortgage Funding 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 Funding 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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