Axis Mortgage & Investments, L Mortgage Lending & HMDA Data, 2004

In 2004, Axis Mortgage & Investments, L of Mesa, AZ reported 4,600 mortgage applications totaling $613.5 million, up 22% from 2003. The average application was for $133,362, and applicants reported an average income of $63,570. 63% of its applications resulted in an originated loan and 3% were denied. Its largest markets were Phoenix-Mesa-Scottsdale, AZ (2,705), Yuma, AZ (316) and El Centro, CA (245) (applications in parentheses).

Mortgage Company & Address Axis Mortgage & Investments, L
1201 S. Alma School Rd. Suite 3700
Mesa, AZ 85210
Tel #: available with data download
Federal Regulator * available with data download
Years 2004  2003  
Total Number of Mortgage Applications 4,600
Total Mortgage Loan Application Amount $613,468,000
Average Mortgage Loan Application Amount $133,362
Highest Mortgage Loan Application Amount $2,750,000
Average Applicant Income $63,570
Highest Applicant Income $1,307,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Axis Mortgage & Investments, L filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Axis Mortgage & Investments, L by County in 2004

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Maricopa, Arizona 2,399 $ 323,601,000 $ 134,889 $ 58,000
Yuma, Arizona 316 $ 31,526,000 $ 99,765 $ 41,000
Pinal, Arizona 306 $ 29,237,000 $ 95,545 $ 56,000
Imperial, California 245 $ 36,112,000 $ 147,395 $ 66,000
Pima, Arizona 224 $ 22,437,000 $ 100,165 $ 63,000
Denver, Colorado 70 $ 9,538,000 $ 136,257 $ 75,000
Bannock, Idaho 53 $ 4,140,000 $ 78,113 $ 74,000
Arapahoe, Colorado 48 $ 7,698,000 $ 160,375 $ 92,000
Adams, Colorado 44 $ 6,199,000 $ 140,886 $ 70,000
Yavapai, Arizona 43 $ 7,990,000 $ 185,813 $ 90,000
Jefferson, Colorado 43 $ 7,324,000 $ 170,325 $ 70,000
Santa Fe, New Mexico 40 $ 12,942,000 $ 323,550 $ 53,000
King, Washington 40 $ 7,851,000 $ 196,275 $ 75,000
Bexar, Texas 37 $ 2,019,000 $ 54,567 $ 90,000
San Diego, California 34 $ 9,137,000 $ 268,735 $ 122,000
Salt Lake, Utah 33 $ 3,902,000 $ 118,242 $ 61,000
Clark, Nevada 31 $ 5,997,000 $ 193,451 $ 140,000
Weber, Utah 30 $ 1,791,000 $ 59,700 $ 65,000
Coconino, Arizona 25 $ 4,767,000 $ 190,680 $ 58,000
Bonneville, Idaho 25 $ 1,834,000 $ 73,360 $ 52,000
Bernalillo, New Mexico 25 $ 2,240,000 $ 89,600 $ 123,000
Sweetwater, Wyoming 22 $ 1,320,000 $ 60,000 $ 45,000
Gila, Arizona 21 $ 2,437,000 $ 116,047 $ 54,000
Dallas, Texas 19 $ 1,161,000 $ 61,105 $ 156,000
Ada, Idaho 18 $ 2,293,000 $ 127,388 $ 69,000
Madison, Idaho 17 $ 1,803,000 $ 106,058 $ 116,000
Harris, Texas 17 $ 1,174,000 $ 69,058 $ 68,000
Kootenai, Idaho 15 $ 2,103,000 $ 140,200 $ 27,000
Utah, Utah 14 $ 3,278,000 $ 234,142 $ 96,000
Douglas, Colorado 13 $ 1,959,000 $ 150,692 $ 65,000
Mesa, Colorado 13 $ 1,223,000 $ 94,076 $ 96,000
Los Angeles, California 12 $ 4,460,000 $ 371,666 $ 92,000
San Bernardino, California 12 $ 4,119,000 $ 343,250 $ 157,000
Weld, Colorado 12 $ 1,179,000 $ 98,250 $ 44,000
Canyon, Idaho 12 $ 1,140,000 $ 95,000 $ 115,000
Tooele, Utah 11 $ 1,005,000 $ 91,363 $ 43,000
Navajo, Arizona 9 $ 1,321,000 $ 146,777 $ 73,000
El Paso, Colorado 9 $ 1,567,000 $ 174,111 $ 100,000
Pierce, Washington 9 $ 1,193,000 $ 132,555 $ 61,000
Riverside, California 8 $ 1,938,000 $ 242,250 $ 145,000
Blaine, Idaho 8 $ 1,195,000 $ 149,375 $ 40,000
Davis, Utah 8 $ 964,000 $ 120,500 $ 51,000
Park, Colorado 7 $ 665,000 $ 95,000 $ 43,000
Bingham, Idaho 7 $ 407,000 $ 58,142 $ 58,000
Missoula, Montana 7 $ 1,393,000 $ 199,000 $ 0
Ravalli, Montana 7 $ 1,537,000 $ 219,571 $ 90,000
Snohomish, Washington 7 $ 1,126,000 $ 160,857 $ 62,000
Cochise, Arizona 6 $ 385,000 $ 64,166 $ 24,000
Sacramento, California 6 $ 1,620,000 $ 270,000 $ 70,000
Boulder, Colorado 6 $ 1,194,000 $ 199,000 $ 43,000
Jefferson, Idaho 6 $ 469,000 $ 78,166 $ 52,000
Teton, Idaho 6 $ 618,000 $ 103,000 $ 62,000
Tarrant, Texas 6 $ 587,000 $ 97,833 $ 102,000
Franklin, Idaho 5 $ 391,000 $ 78,200 $ 48,000
Lane, Oregon 5 $ 379,000 $ 75,800 $ 162,000
Travis, Texas 5 $ 3,268,000 $ 653,600 $ 264,000
Mohave, Arizona 4 $ 426,000 $ 106,500 $ 52,000
Archuleta, Colorado 4 $ 701,000 $ 175,250 $ 116,000
Pueblo, Colorado 4 $ 464,000 $ 116,000 $ 240,000
Gallatin, Montana 4 $ 548,000 $ 137,000 $ 85,000
Sandoval, New Mexico 4 $ 402,000 $ 100,500 $ 55,000
Lewis, Washington 4 $ 670,000 $ 167,500 $ 129,000
Skagit, Washington 4 $ 525,000 $ 131,250 $ 27,000
Santa Cruz, Arizona 3 $ 176,000 $ 58,666 $ 0
Clear Creek, Colorado 3 $ 520,000 $ 173,333 $ 62,000
Twin Falls, Idaho 3 $ 185,000 $ 61,666 $ 28,000
Montgomery, Texas 3 $ 237,000 $ 79,000 $ 78,000
Yakima, Washington 3 $ 432,000 $ 144,000 $ 93,000
Graham, Arizona 2 $ 274,000 $ 137,000 $ 45,000
Contra Costa, California 2 $ 1,520,000 $ 760,000 $ 473,000
Madera, California 2 $ 375,000 $ 187,500 $ 0
Monterey, California 2 $ 1,936,000 $ 968,000 $ 252,000
Broomfield, Colorado 2 $ 201,000 $ 100,500 $ 54,000
Morgan, Colorado 2 $ 75,000 $ 37,500 $ 82,000
Elmore, Idaho 2 $ 100,000 $ 50,000 $ 72,000
Fremont, Idaho 2 $ 114,000 $ 57,000 $ 77,000
Jerome, Idaho 2 $ 167,000 $ 83,500 $ 132,000
Power, Idaho 2 $ 139,000 $ 69,500 $ 77,000
Anoka, Minnesota 2 $ 376,000 $ 188,000 $ 95,000
Yellowstone, Montana 2 $ 168,000 $ 84,000 $ 0
Carson City, Nevada 2 $ 158,000 $ 79,000 $ 30,000
Nye, Nevada 2 $ 100,000 $ 50,000 $ 62,000
Rio Arriba, New Mexico 2 $ 173,000 $ 86,500 $ 50,000
Multnomah, Oregon 2 $ 150,000 $ 75,000 $ 324,000
Umatilla, Oregon 2 $ 214,000 $ 107,000 $ 181,000
Comal, Texas 2 $ 410,000 $ 205,000 $ 349,000
Garfield, Utah 2 $ 166,000 $ 83,000 $ 138,000
Clark, Washington 2 $ 145,000 $ 72,500 $ 0
Douglas, Washington 2 $ 119,000 $ 59,500 $ 60,000
Grant, Washington 2 $ 150,000 $ 75,000 $ 111,000
San Juan, Washington 2 $ 543,000 $ 271,500 $ 54,000
Thurston, Washington 2 $ 265,000 $ 132,500 $ 123,000
Apache, Arizona 1 $ 70,000 $ 70,000 $ 72,000
La Paz, Arizona 1 $ 56,000 $ 56,000 $ 42,000
Butte, California 1 $ 123,000 $ 123,000 $ 82,000
Orange, California 1 $ 290,000 $ 290,000 $ 73,000
Placer, California 1 $ 173,000 $ 173,000 $ 0
Santa Clara, California 1 $ 380,000 $ 380,000 $ 143,000
Solano, California 1 $ 220,000 $ 220,000 $ 122,000
Yolo, California 1 $ 262,000 $ 262,000 $ 258,000
Eagle, Colorado 1 $ 2,340,000 $ 2,340,000 $ 873,000
La Plata, Colorado 1 $ 492,000 $ 492,000 $ 253,000
Larimer, Colorado 1 $ 246,000 $ 246,000 $ 75,000
Summit, Colorado 1 $ 1,181,000 $ 1,181,000 $ 241,000
Bear Lake, Idaho 1 $ 67,000 $ 67,000 $ 0
Bonner, Idaho 1 $ 120,000 $ 120,000 $ 0
Caribou, Idaho 1 $ 43,000 $ 43,000 $ 19,000
Oneida, Idaho 1 $ 104,000 $ 104,000 $ 48,000
Valley, Idaho 1 $ 388,000 $ 388,000 $ 165,000
Washington, Minnesota 1 $ 366,000 $ 366,000 $ 65,000
Cascade, Montana 1 $ 81,000 $ 81,000 $ 51,000
Hill, Montana 1 $ 77,000 $ 77,000 $ 40,000
Lake, Montana 1 $ 203,000 $ 203,000 $ 139,000
Mineral, Montana 1 $ 366,000 $ 366,000 $ 0
Sanders, Montana 1 $ 181,000 $ 181,000 $ 0
Clackamas, Oregon 1 $ 172,000 $ 172,000 $ 0
Bucks, Pennsylvania 1 $ 159,000 $ 159,000 $ 35,000
Denton, Texas 1 $ 115,000 $ 115,000 $ 303,000
Lubbock, Texas 1 $ 62,000 $ 62,000 $ 81,000
Box Elder, Utah 1 $ 76,000 $ 76,000 $ 82,000
Cache, Utah 1 $ 139,000 $ 139,000 $ 0
San Juan, Utah 1 $ 164,000 $ 164,000 $ 187,000
Columbia, Washington 1 $ 40,000 $ 40,000 $ 0
Pacific, Washington 1 $ 50,000 $ 50,000 $ 0
Lincoln, Wyoming 1 $ 185,000 $ 185,000 $ 116,000

Mortgage Loan Application Detail Totals for Axis Mortgage & Investments, L in 2004

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 3,400 $412,314,000 $130,384 $1,950,000 $80,923 $1,307,000
Refinancing 1,200 $201,154,000 $177,833 $2,750,000 $102,166 $873,000
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 2,981 $406,874,000 $157,000 $2,750,000 $95,153 $1,307,000
Hispanic 929 $112,612,000 $131,555 $970,000 $62,111 $564,000
Not Provided 395 $54,704,000 $156,100 $1,920,000 $50,400 $493,000
Asian 115 $17,223,000 $154,714 $1,625,000 $126,571 $504,000
Black or African American 96 $10,779,000 $145,571 $472,000 $91,428 $337,000
Not applicable 45 $6,377,000 $140,000 $500,000 $33,000 $187,000
American Indian or Alaskan Native 30 $4,083,000 $105,000 $750,000 $91,250 $180,000
Native Hawaiian or Other Pacific Islander 9 $816,000 $93,000 $204,000 $75,250 $156,000

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) 4,173 $559,682,000 $148,615 $2,750,000 $92,615 $1,307,000
FHA-insured (Federal Housing Administration) 358 $44,009,000 $138,000 $177,000 $40,000 $117,000
VA-guaranteed (Veterans Administration) 61 $9,155,000 $171,500 $262,000 $52,000 $110,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 8 $622,000 $77,000 $101,000 $28,000 $58,000

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 2,917 $385,589,000 $144,769 $2,750,000 $89,538 $840,000
Application Approved But Not Accepted 804 $109,948,000 $136,727 $1,950,000 $78,818 $1,307,000
Application Withdrawn By Applicant 735 $97,252,000 $147,916 $2,340,000 $81,500 $873,000
Application Denied By Financial Institution 143 $20,602,000 $179,090 $1,500,000 $100,636 $792,000
File Closed For Incompleteness 1 $77,000 $77,000 $77,000 $26,000 $26,000
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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Axis Mortgage & Investments, L's 2004 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 Axis Mortgage & Investments, L'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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