Stonewood Home Lending, LLC Mortgage Lending & HMDA Data, 2024

In 2024, Stonewood Home Lending, LLC of Houston, TX reported 404 mortgage applications totaling $113.5 million, up 25% from 2023. The average application was for $280,990, and applicants reported an average income of $117,918. 78% of its applications resulted in an originated loan and 1% were denied. Its largest markets were McAllen-Edinburg-Mission, TX (333), Brownsville-Harlingen, TX (62) and San Antonio-New Braunfels, TX (6) (applications in parentheses).

Mortgage Company & Address Stonewood Home Lending, LLC
1177 West Loop S Ste 700
Houston, TX 77027
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2019  2018  2017  2016  
Total Number of Mortgage Applications 404
Total Mortgage Loan Application Amount $113,520,000
Average Mortgage Loan Application Amount $280,990
Highest Mortgage Loan Application Amount $2,245,000
Average Applicant Income $117,918
Highest Applicant Income $1,200,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Stonewood Home Lending, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Stonewood Home Lending, LLC in 2024

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 402 $113,070,000 $281,000 $2,245,000 $118,000 $1,200,000
Home Improvement 1 $255,000 $255,000 $255,000 $64,000 $64,000
Refinancing 1 $195,000 $195,000 $195,000 $139,000 $139,000
Cash-out Refinancing 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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
Hispanic 300 $81,050,000 $270,000 $555,000 $111,000 $364,000
Not Provided 54 $14,970,000 $277,000 $435,000 $129,000 $1,200,000
White 37 $13,705,000 $370,000 $2,245,000 $150,000 $609,000
Asian 10 $3,070,000 $307,000 $695,000 $158,000 $331,000
American Indian or Alaskan Native 2 $470,000 $235,000 $245,000 $146,000 $189,000
Black or African American 1 $255,000 $255,000 $255,000 $64,000 $64,000
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
FHA-insured (Federal Housing Administration) 297 $82,145,000 $276,000 $505,000 $103,000 $271,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 95 $27,695,000 $291,000 $2,245,000 $163,000 $1,200,000
VA-guaranteed (Veterans Administration) 12 $3,680,000 $306,000 $415,000 $140,000 $271,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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
Loan Originated 317 $90,725,000 $286,000 $2,245,000 $116,000 $609,000
Application Withdrawn By Applicant 82 $21,610,000 $263,000 $695,000 $126,000 $1,200,000
Application Denied By Financial Institution 5 $1,185,000 $237,000 $265,000 $114,000 $163,000
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
Not applicable 399 $112,335,000 $281,000 $2,245,000 $118,000 $1,200,000
Credit History 3 $775,000 $258,000 $265,000 $106,000 $124,000
Credit Application Incomplete 1 $165,000 $165,000 $165,000 $163,000 $163,000
Insufficient Cash (Downpayment, Closing Cost) 1 $245,000 $245,000 $245,000 $88,000 $88,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Stonewood Home Lending, LLC's 2024 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 Stonewood Home Lending, 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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