Aml Funding LLC dba Absolute Mortgage & Lending Mortgage Lending & HMDA Data, 2021

In 2021, Aml Funding LLC dba Absolute Mortgage & Lending of Dallas, TX reported 1,417 mortgage applications totaling $366.5 million. The average application was for $258,613, and applicants reported an average income of $110,148. 76% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Dallas-Plano-Irving, TX (563), Fort Worth-Arlington, TX (280) and Houston-The Woodlands-Sugar Land, TX (266) (applications in parentheses).

Mortgage Company & Address Aml Funding LLC dba Absolute Mortgage & Lending
4230 Lyndon B Johnson Fwy #626
Dallas, TX 75244
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  
Total Number of Mortgage Applications 1,417
Total Mortgage Loan Application Amount $366,455,000
Average Mortgage Loan Application Amount $258,613
Highest Mortgage Loan Application Amount $1,355,000
Average Applicant Income $110,148
Highest Applicant Income $1,744,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Aml Funding LLC dba Absolute Mortgage & Lending filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Aml Funding LLC dba Absolute Mortgage & Lending by County in 2021

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Tarrant, Texas 270 $ 62,940,000 $ 233,111 $ 101,000
Dallas, Texas 212 $ 50,010,000 $ 235,896 $ 87,000
Collin, Texas 207 $ 64,365,000 $ 310,942 $ 126,000
Harris, Texas 165 $ 39,305,000 $ 238,212 $ 103,000
Denton, Texas 109 $ 31,145,000 $ 285,733 $ 121,000
Fort Bend, Texas 70 $ 17,980,000 $ 256,857 $ 137,000
Jefferson, Louisiana 58 $ 12,250,000 $ 211,206 $ 81,000
Travis, Texas 29 $ 8,195,000 $ 282,586 $ 163,000
Orleans, Louisiana 24 $ 6,280,000 $ 261,666 $ 142,000
Williamson, Texas 22 $ 7,260,000 $ 330,000 $ 131,000
Rockwall, Texas 18 $ 4,280,000 $ 237,777 $ 139,000
St. Tammany, Louisiana 17 $ 4,295,000 $ 252,647 $ 85,000
Brazoria, Texas 14 $ 3,690,000 $ 263,571 $ 158,000
Kaufman, Texas 11 $ 2,215,000 $ 201,363 $ 82,000
Bexar, Texas 10 $ 2,330,000 $ 233,000 $ 103,000
Montgomery, Texas 10 $ 2,740,000 $ 274,000 $ 140,000
Johnson, Texas 9 $ 2,695,000 $ 299,444 $ 102,000
Lafayette, Louisiana 8 $ 1,790,000 $ 223,750 $ 57,000
Jefferson, Texas 8 $ 2,030,000 $ 253,750 $ 97,000
Los Angeles, California 6 $ 4,340,000 $ 723,333 $ 237,000
Caddo, Louisiana 6 $ 1,320,000 $ 220,000 $ 61,000
Galveston, Texas 6 $ 1,450,000 $ 241,666 $ 85,000
McLennan, Texas 6 $ 1,220,000 $ 203,333 $ 54,000
Weld, Colorado 5 $ 1,775,000 $ 355,000 $ 86,000
East Baton Rouge, Louisiana 4 $ 1,210,000 $ 302,500 $ 190,000
Jackson, Mississippi 4 $ 600,000 $ 150,000 $ 112,000
Oklahoma, Oklahoma 4 $ 900,000 $ 225,000 $ 90,000
Ellis, Texas 4 $ 1,140,000 $ 285,000 $ 97,000
Hays, Texas 4 $ 1,550,000 $ 387,500 $ 186,000
Midland, Texas 4 $ 980,000 $ 245,000 $ 113,000
Contra Costa, California 3 $ 1,465,000 $ 488,333 $ 92,000
Adams, Colorado 3 $ 985,000 $ 328,333 $ 78,000
Denver, Colorado 3 $ 1,465,000 $ 488,333 $ 120,000
Douglas, Colorado 3 $ 905,000 $ 301,666 $ 51,000
Bossier, Louisiana 3 $ 405,000 $ 135,000 $ 38,000
Pearl River, Mississippi 3 $ 615,000 $ 205,000 $ 57,000
Shelby, Tennessee 3 $ 295,000 $ 98,333 $ 270,000
El Paso, Texas 3 $ 725,000 $ 241,666 $ 85,000
Nueces, Texas 3 $ 525,000 $ 175,000 $ 60,000
Orange, California 2 $ 640,000 $ 320,000 $ 121,000
Polk, Florida 2 $ 410,000 $ 205,000 $ 70,000
Calcasieu, Louisiana 2 $ 420,000 $ 210,000 $ 47,000
St. John the Baptist, Louisiana 2 $ 550,000 $ 275,000 $ 911,000
Bryan, Oklahoma 2 $ 330,000 $ 165,000 $ 243,000
Cleveland, Oklahoma 2 $ 290,000 $ 145,000 $ 123,000
Bell, Texas 2 $ 300,000 $ 150,000 $ 101,000
Comal, Texas 2 $ 490,000 $ 245,000 $ 146,000
Henderson, Texas 2 $ 470,000 $ 235,000 $ 58,000
Hill, Texas 2 $ 350,000 $ 175,000 $ 131,000
Hunt, Texas 2 $ 740,000 $ 370,000 $ 105,000
Lamar, Texas 2 $ 190,000 $ 95,000 $ 167,000
Potter, Texas 2 $ 360,000 $ 180,000 $ 38,000
Randall, Texas 2 $ 390,000 $ 195,000 $ 50,000
Smith, Texas 2 $ 560,000 $ 280,000 $ 216,000
Santa Clara, California 1 $ 255,000 $ 255,000 $ 257,000
Arapahoe, Colorado 1 $ 195,000 $ 195,000 $ 30,000
El Paso, Colorado 1 $ 515,000 $ 515,000 $ 74,000
Larimer, Colorado 1 $ 465,000 $ 465,000 $ 68,000
Brevard, Florida 1 $ 325,000 $ 325,000 $ 120,000
Broward, Florida 1 $ 175,000 $ 175,000 $ 44,000
Duval, Florida 1 $ 215,000 $ 215,000 $ 54,000
Escambia, Florida 1 $ 215,000 $ 215,000 $ 44,000
Hillsborough, Florida 1 $ 115,000 $ 115,000 $ 41,000
Manatee, Florida 1 $ 355,000 $ 355,000 $ 214,000
Orange, Florida 1 $ 205,000 $ 205,000 $ 41,000
Osceola, Florida 1 $ 175,000 $ 175,000 $ 65,000
Seminole, Florida 1 $ 265,000 $ 265,000 $ 60,000
Volusia, Florida 1 $ 325,000 $ 325,000 $ 75,000
Jefferson Davis, Louisiana 1 $ 295,000 $ 295,000 $ 81,000
Lafourche, Louisiana 1 $ 215,000 $ 215,000 $ 81,000
Plaquemines, Louisiana 1 $ 475,000 $ 475,000 $ 118,000
Harrison, Mississippi 1 $ 255,000 $ 255,000 $ 155,000
Adair, Oklahoma 1 $ 155,000 $ 155,000 $ 61,000
Carter, Oklahoma 1 $ 265,000 $ 265,000 $ 102,000
Logan, Oklahoma 1 $ 245,000 $ 245,000 $ 131,000
McCurtain, Oklahoma 1 $ 515,000 $ 515,000 $ 76,000
Aransas, Texas 1 $ 275,000 $ 275,000 $ 143,000
Bowie, Texas 1 $ 195,000 $ 195,000 $ 94,000
Erath, Texas 1 $ 215,000 $ 215,000 $ 118,000
Grayson, Texas 1 $ 315,000 $ 315,000 $ 69,000
Hood, Texas 1 $ 315,000 $ 315,000 $ 80,000
La Salle, Texas 1 $ 185,000 $ 185,000 $ 72,000
Lampasas, Texas 1 $ 315,000 $ 315,000 $ 198,000
Madison, Texas 1 $ 205,000 $ 205,000 $ 87,000
Montague, Texas 1 $ 195,000 $ 195,000 $ 110,000
Orange, Texas 1 $ 485,000 $ 485,000 $ 129,000
Parker, Texas 1 $ 465,000 $ 465,000 $ 196,000
Polk, Texas 1 $ 225,000 $ 225,000 $ 115,000
Waller, Texas 1 $ 485,000 $ 485,000 $ 139,000
Wood, Texas 1 $ 205,000 $ 205,000 $ 79,000

Mortgage Loan Application Detail Totals for Aml Funding LLC dba Absolute Mortgage & Lending in 2021

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 865 $238,325,000 $275,000 $1,355,000 $108,000 $602,000
Refinancing 416 $94,640,000 $227,000 $605,000 $112,000 $1,744,000
Cash-out Refinancing 134 $33,100,000 $247,000 $545,000 $119,000 $441,000
Other Purpose 2 $390,000 $195,000 $215,000 $61,000 $72,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 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
Asian 1,172 $296,960,000 $253,000 $1,355,000 $109,000 $1,744,000
White 107 $32,225,000 $301,000 $695,000 $132,000 $453,000
Hispanic 94 $23,810,000 $253,000 $825,000 $101,000 $575,000
Black or African American 40 $12,270,000 $306,000 $545,000 $107,000 $265,000
American Indian or Alaskan Native 2 $280,000 $140,000 $165,000 $44,000 $45,000
Not Provided 2 $910,000 $455,000 $485,000 $136,000 $163,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
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) 1,371 $353,735,000 $258,000 $1,355,000 $111,000 $1,744,000
FHA-insured (Federal Housing Administration) 41 $11,215,000 $273,000 $415,000 $81,000 $162,000
VA-guaranteed (Veterans Administration) 3 $1,115,000 $371,000 $475,000 $101,000 $144,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 2 $390,000 $195,000 $215,000 $59,000 $63,000

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 1,080 $279,040,000 $258,000 $775,000 $109,000 $575,000
Application Withdrawn By Applicant 305 $79,025,000 $259,000 $1,355,000 $117,000 $1,744,000
Application Denied By Financial Institution 32 $8,390,000 $262,000 $515,000 $95,000 $412,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
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 1,396 $361,070,000 $258,000 $1,355,000 $110,000 $1,744,000
Credit History 9 $2,175,000 $241,000 $365,000 $72,000 $184,000
Unverifiable Information 5 $1,075,000 $215,000 $285,000 $65,000 $92,000
Collateral 3 $1,055,000 $351,000 $375,000 $336,000 $412,000
Insufficient Cash (Downpayment, Closing Cost) 3 $855,000 $285,000 $345,000 $72,000 $81,000
Employment History 1 $225,000 $225,000 $225,000 $71,000 $71,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Aml Funding LLC dba Absolute Mortgage & Lending's 2021 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 Aml Funding LLC dba Absolute Mortgage & Lending'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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