Axis Mortgage & Investments Mortgage Lending & HMDA Data, 2006

In 2006, Axis Mortgage & Investments of Phoenix, AZ reported 7,856 mortgage applications totaling $1.6 billion, up 1% from 2005. The average application was for $206,193, and applicants reported an average income of $107,048. 39% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Phoenix-Mesa-Scottsdale, AZ (2,865), Denver-Aurora, CO (565) and Los Angeles-Long Beach-Glendale, CA (514) (applications in parentheses).

Mortgage Company & Address Axis Mortgage & Investments
5055 N 32nd Street
Phoenix, AZ 85018
Tel #: available with data download
Federal Regulator * available with data download
Years 2006  2005  
Total Number of Mortgage Applications 7,856
Total Mortgage Loan Application Amount $1,619,856,000
Average Mortgage Loan Application Amount $206,193
Highest Mortgage Loan Application Amount $3,500,000
Average Applicant Income $107,048
Highest Applicant Income $8,875,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Axis Mortgage & Investments filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 by County in 2006

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Maricopa, Arizona 2,444 $ 450,530,000 $ 184,341 $ 97,000
Los Angeles, California 514 $ 169,913,000 $ 330,570 $ 138,000
Pinal, Arizona 421 $ 55,590,000 $ 132,042 $ 65,000
Pima, Arizona 360 $ 54,039,000 $ 150,108 $ 74,000
Clark, Nevada 336 $ 75,705,000 $ 225,312 $ 115,000
San Diego, California 244 $ 87,274,000 $ 357,680 $ 134,000
Riverside, California 233 $ 65,584,000 $ 281,476 $ 136,000
Orange, California 225 $ 89,805,000 $ 399,133 $ 173,000
Denver, Colorado 206 $ 30,941,000 $ 150,199 $ 97,000
San Bernardino, California 181 $ 39,005,000 $ 215,497 $ 124,000
Washoe, Nevada 175 $ 25,697,000 $ 146,840 $ 36,000
Arapahoe, Colorado 111 $ 19,236,000 $ 173,297 $ 88,000
King, Washington 109 $ 24,784,000 $ 227,376 $ 161,000
Multnomah, Oregon 108 $ 14,718,000 $ 136,277 $ 113,000
Adams, Colorado 97 $ 16,119,000 $ 166,175 $ 85,000
Kern, California 91 $ 13,442,000 $ 147,714 $ 126,000
Sacramento, California 90 $ 19,347,000 $ 214,966 $ 97,000
Douglas, Colorado 82 $ 26,398,000 $ 321,926 $ 145,000
Yuma, Arizona 81 $ 8,898,000 $ 109,851 $ 35,000
Salt Lake, Utah 77 $ 15,391,000 $ 199,883 $ 182,000
El Paso, Colorado 72 $ 8,227,000 $ 114,263 $ 82,000
Imperial, California 70 $ 11,595,000 $ 165,642 $ 45,000
Clark, Washington 61 $ 11,450,000 $ 187,704 $ 57,000
Pierce, Washington 61 $ 9,238,000 $ 151,442 $ 113,000
Jefferson, Colorado 54 $ 7,331,000 $ 135,759 $ 63,000
Weld, Colorado 49 $ 6,103,000 $ 124,551 $ 132,000
San Joaquin, California 46 $ 11,579,000 $ 251,717 $ 39,000
Utah, Utah 43 $ 12,962,000 $ 301,441 $ 122,000
Santa Cruz, Arizona 41 $ 4,607,000 $ 112,365 $ 63,000
Ventura, California 41 $ 15,107,000 $ 368,463 $ 146,000
Washington, Oregon 39 $ 6,720,000 $ 172,307 $ 94,000
Contra Costa, California 38 $ 9,585,000 $ 252,236 $ 141,000
Harris, Texas 38 $ 2,886,000 $ 75,947 $ 161,000
Snohomish, Washington 38 $ 7,763,000 $ 204,289 $ 122,000
Clackamas, Oregon 37 $ 7,363,000 $ 199,000 $ 201,000
Yavapai, Arizona 32 $ 5,510,000 $ 172,187 $ 69,000
Lyon, Nevada 29 $ 4,014,000 $ 138,413 $ 47,000
Mohave, Arizona 25 $ 2,467,000 $ 98,680 $ 109,000
Bernalillo, New Mexico 22 $ 2,220,000 $ 100,909 $ 141,000
Fresno, California 19 $ 3,344,000 $ 176,000 $ 78,000
Tulare, California 19 $ 3,256,000 $ 171,368 $ 6,000
Bannock, Idaho 19 $ 1,553,000 $ 81,736 $ 422,000
Bonneville, Idaho 19 $ 1,974,000 $ 103,894 $ 104,000
Larimer, Colorado 18 $ 4,385,000 $ 243,611 $ 32,000
Dallas, Texas 18 $ 2,570,000 $ 142,777 $ 115,000
Merced, California 16 $ 3,225,000 $ 201,562 $ 86,000
Ada, Idaho 16 $ 3,219,000 $ 201,187 $ 253,000
Hidalgo, Texas 16 $ 1,711,000 $ 106,937 $ 236,000
Cochise, Arizona 15 $ 2,009,000 $ 133,933 $ 33,000
Alameda, California 15 $ 4,523,000 $ 301,533 $ 89,000
Honolulu, Hawaii 15 $ 3,857,000 $ 257,133 $ 106,000
Tarrant, Texas 15 $ 1,251,000 $ 83,400 $ 101,000
Cowlitz, Washington 15 $ 3,294,000 $ 219,600 $ 177,000
Santa Clara, California 14 $ 11,377,000 $ 812,642 $ 379,000
Skamania, Washington 14 $ 2,721,000 $ 194,357 $ 0
Monterey, California 13 $ 4,346,000 $ 334,307 $ 107,000
Bexar, Texas 13 $ 1,557,000 $ 119,769 $ 108,000
Solano, California 12 $ 3,744,000 $ 312,000 $ 86,000
Canyon, Idaho 12 $ 1,033,000 $ 86,083 $ 315,000
Grays Harbor, Washington 12 $ 1,945,000 $ 162,083 $ 57,000
Coconino, Arizona 11 $ 2,356,000 $ 214,181 $ 62,000
Santa Barbara, California 11 $ 4,212,000 $ 382,909 $ 80,000
Sandoval, New Mexico 11 $ 1,333,000 $ 121,181 $ 85,000
Gila, Arizona 10 $ 2,865,000 $ 286,500 $ 251,000
Madera, California 10 $ 1,478,000 $ 147,800 $ 61,000
Boulder, Colorado 10 $ 3,214,000 $ 321,400 $ 160,000
Carson City, Nevada 10 $ 1,171,000 $ 117,100 $ 62,000
Marion, Oregon 10 $ 1,115,000 $ 111,500 $ 83,000
Williamson, Texas 10 $ 722,000 $ 72,200 $ 166,000
Placer, California 9 $ 2,750,000 $ 305,555 $ 227,000
Broomfield, Colorado 9 $ 3,671,000 $ 407,888 $ 162,000
Washington, Utah 9 $ 3,301,000 $ 366,777 $ 228,000
Weber, Utah 9 $ 1,063,000 $ 118,111 $ 87,000
Kitsap, Washington 9 $ 1,423,000 $ 158,111 $ 164,000
San Mateo, California 8 $ 3,326,000 $ 415,750 $ 271,000
Shasta, California 8 $ 1,087,000 $ 135,875 $ 87,000
Maui, Hawaii 8 $ 1,889,000 $ 236,125 $ 96,000
Travis, Texas 8 $ 640,000 $ 80,000 $ 180,000
Yakima, Washington 8 $ 541,000 $ 67,625 $ 57,000
Lewis, Washington 7 $ 1,653,000 $ 236,142 $ 30,000
Pacific, Washington 7 $ 890,000 $ 127,142 $ 89,000
Yuba, California 6 $ 1,181,000 $ 196,833 $ 36,000
Summit, Colorado 6 $ 2,077,000 $ 346,166 $ 280,000
Klamath, Oregon 6 $ 871,000 $ 145,166 $ 77,000
Lane, Oregon 6 $ 971,000 $ 161,833 $ 78,000
Lincoln, Oregon 6 $ 2,123,000 $ 353,833 $ 84,000
Denton, Texas 6 $ 1,565,000 $ 260,833 $ 157,000
Davis, Utah 6 $ 1,194,000 $ 199,000 $ 55,000
Spokane, Washington 6 $ 551,000 $ 91,833 $ 44,000
Napa, California 5 $ 1,971,000 $ 394,200 $ 412,000
Pueblo, Colorado 5 $ 254,000 $ 50,800 $ 56,000
Kootenai, Idaho 5 $ 543,000 $ 108,600 $ 0
Coos, Oregon 5 $ 605,000 $ 121,000 $ 127,000
Josephine, Oregon 5 $ 739,000 $ 147,800 $ 109,000
Thurston, Washington 5 $ 1,011,000 $ 202,200 $ 232,000
Navajo, Arizona 4 $ 767,000 $ 191,750 $ 150,000
Kings, California 4 $ 542,000 $ 135,500 $ 0
Mendocino, California 4 $ 1,049,000 $ 262,250 $ 0
San Luis Obispo, California 4 $ 989,000 $ 247,250 $ 46,000
Stanislaus, California 4 $ 560,000 $ 140,000 $ 102,000
Elbert, Colorado 4 $ 404,000 $ 101,000 $ 54,000
Kauai, Hawaii 4 $ 2,164,000 $ 541,000 $ 397,000
Twin Falls, Idaho 4 $ 238,000 $ 59,500 $ 0
Douglas, Nevada 4 $ 1,635,000 $ 408,750 $ 229,000
Santa Fe, New Mexico 4 $ 674,000 $ 168,500 $ 287,000
Columbia, Oregon 4 $ 392,000 $ 98,000 $ 40,000
Deschutes, Oregon 4 $ 711,000 $ 177,750 $ 137,000
Linn, Oregon 4 $ 352,000 $ 88,000 $ 93,000
Yamhill, Oregon 4 $ 604,000 $ 151,000 $ 77,000
Bell, Texas 4 $ 299,000 $ 74,750 $ 95,000
El Paso, Texas 4 $ 253,000 $ 63,250 $ 216,000
Fort Bend, Texas 4 $ 715,000 $ 178,750 $ 523,000
Galveston, Texas 4 $ 1,229,000 $ 307,250 $ 228,000
Benton, Washington 4 $ 258,000 $ 64,500 $ 81,000
El Dorado, California 3 $ 570,000 $ 190,000 $ 447,000
Nevada, California 3 $ 371,000 $ 123,666 $ 255,000
San Benito, California 3 $ 1,059,000 $ 353,000 $ 60,000
San Francisco, California 3 $ 1,800,000 $ 600,000 $ 440,000
Yolo, California 3 $ 975,000 $ 325,000 $ 108,000
Fremont, Colorado 3 $ 417,000 $ 139,000 $ 247,000
Franklin, Idaho 3 $ 269,000 $ 89,666 $ 39,000
Gallatin, Montana 3 $ 558,000 $ 186,000 $ 28,000
Polk, Oregon 3 $ 334,000 $ 111,333 $ 38,000
Montgomery, Texas 3 $ 225,000 $ 75,000 $ 113,000
Whatcom, Washington 3 $ 620,000 $ 206,666 $ 6,000
Natrona, Wyoming 3 $ 573,000 $ 191,000 $ 180,000
Apache, Arizona 2 $ 135,000 $ 67,500 $ 192,000
Amador, California 2 $ 905,000 $ 452,500 $ 360,000
Calaveras, California 2 $ 338,000 $ 169,000 $ 222,000
Glenn, California 2 $ 193,000 $ 96,500 $ 60,000
Lake, California 2 $ 275,000 $ 137,500 $ 54,000
Marin, California 2 $ 614,000 $ 307,000 $ 180,000
Santa Cruz, California 2 $ 810,000 $ 405,000 $ 532,000
Sonoma, California 2 $ 435,000 $ 217,500 $ 149,000
Eagle, Colorado 2 $ 249,000 $ 124,500 $ 102,000
Gilpin, Colorado 2 $ 277,000 $ 138,500 $ 76,000
Grand, Colorado 2 $ 812,000 $ 406,000 $ 0
Montezuma, Colorado 2 $ 95,000 $ 47,500 $ 114,000
Montrose, Colorado 2 $ 153,000 $ 76,500 $ 43,000
San Miguel, Colorado 2 $ 1,920,000 $ 960,000 $ 912,000
Hawaii, Hawaii 2 $ 405,000 $ 202,500 $ 71,000
Custer, Idaho 2 $ 254,000 $ 127,000 $ 120,000
Gooding, Idaho 2 $ 243,000 $ 121,500 $ 76,000
Nez Perce, Idaho 2 $ 72,000 $ 36,000 $ 85,000
Owyhee, Idaho 2 $ 342,000 $ 171,000 $ 378,000
Jackson, Michigan 2 $ 190,000 $ 95,000 $ 0
Ravalli, Montana 2 $ 255,000 $ 127,500 $ 354,000
Rio Arriba, New Mexico 2 $ 285,000 $ 142,500 $ 0
San Juan, New Mexico 2 $ 285,000 $ 142,500 $ 74,000
San Miguel, New Mexico 2 $ 138,000 $ 69,000 $ 47,000
Taos, New Mexico 2 $ 149,000 $ 74,500 $ 90,000
Benton, Oregon 2 $ 326,000 $ 163,000 $ 104,000
Clatsop, Oregon 2 $ 320,000 $ 160,000 $ 262,000
Crook, Oregon 2 $ 159,000 $ 79,500 $ 0
Douglas, Oregon 2 $ 125,000 $ 62,500 $ 66,000
Union, Oregon 2 $ 151,000 $ 75,500 $ 142,000
Brazos, Texas 2 $ 109,000 $ 54,500 $ 115,000
Kaufman, Texas 2 $ 310,000 $ 155,000 $ 0
Lee, Texas 2 $ 190,000 $ 95,000 $ 83,000
Rockwall, Texas 2 $ 222,000 $ 111,000 $ 120,000
Cache, Utah 2 $ 149,000 $ 74,500 $ 0
Wasatch, Utah 2 $ 560,000 $ 280,000 $ 294,000
Asotin, Washington 2 $ 82,000 $ 41,000 $ 0
Clallam, Washington 2 $ 364,000 $ 182,000 $ 90,000
Island, Washington 2 $ 555,000 $ 277,500 $ 0
Mason, Washington 2 $ 180,000 $ 90,000 $ 59,000
Skagit, Washington 2 $ 550,000 $ 275,000 $ 127,000
Albany, Wyoming 2 $ 157,000 $ 78,500 $ 96,000
Carbon, Wyoming 2 $ 95,000 $ 47,500 $ 0
Sweetwater, Wyoming 2 $ 180,000 $ 90,000 $ 47,000
Del Norte, California 1 $ 507,000 $ 507,000 $ 188,000
Mono, California 1 $ 259,000 $ 259,000 $ 360,000
Siskiyou, California 1 $ 123,000 $ 123,000 $ 0
Alamosa, Colorado 1 $ 174,000 $ 174,000 $ 0
Gunnison, Colorado 1 $ 400,000 $ 400,000 $ 282,000
Huerfano, Colorado 1 $ 175,000 $ 175,000 $ 108,000
Mesa, Colorado 1 $ 268,000 $ 268,000 $ 115,000
Ouray, Colorado 1 $ 903,000 $ 903,000 $ 300,000
Storey, Nevada 1 $ 90,000 $ 90,000 $ 0
Essex, New Jersey 1 $ 206,000 $ 206,000 $ 41,000
Curry, New Mexico 1 $ 92,000 $ 92,000 $ 0
Grant, New Mexico 1 $ 122,000 $ 122,000 $ 62,000
Wasco, Oregon 1 $ 64,000 $ 64,000 $ 55,000
Cameron, Texas 1 $ 488,000 $ 488,000 $ 302,000
Guadalupe, Texas 1 $ 159,000 $ 159,000 $ 0
Rich, Utah 1 $ 176,000 $ 176,000 $ 108,000
Summit, Utah 1 $ 200,000 $ 200,000 $ 960,000
Jefferson, Washington 1 $ 234,000 $ 234,000 $ 72,000

Mortgage Loan Application Detail Totals for Axis Mortgage & Investments in 2006

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 5,940 $1,128,330,000 $189,000 $2,000,000 $99,000 $8,875,000
Refinancing 1,916 $491,526,000 $256,000 $3,500,000 $132,000 $5,857,000
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 3,643 $810,040,000 $222,000 $3,000,000 $131,000 $8,875,000
Hispanic 2,208 $365,556,000 $165,000 $1,581,000 $67,000 $5,857,000
Not Provided 882 $199,936,000 $226,000 $2,000,000 $105,000 $1,719,000
Black or African American 533 $111,783,000 $209,000 $1,800,000 $121,000 $1,080,000
Asian 466 $107,557,000 $230,000 $3,500,000 $93,000 $1,097,000
Native Hawaiian or Other Pacific Islander 84 $17,937,000 $213,000 $900,000 $101,000 $489,000
American Indian or Alaskan Native 39 $6,968,000 $178,000 $512,000 $139,000 $374,000
Not applicable 1 $79,000 $79,000 $79,000 $156,000 $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) 7,856 $1,619,856,000 $206,000 $3,500,000 $107,000 $8,875,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 3,085 $576,421,000 $186,000 $2,000,000 $102,000 $8,875,000
Application Withdrawn By Applicant 2,539 $564,402,000 $222,000 $3,500,000 $103,000 $5,857,000
Application Approved But Not Accepted 1,723 $343,912,000 $199,000 $1,995,000 $114,000 $1,045,000
Application Denied By Financial Institution 509 $135,121,000 $265,000 $3,000,000 $133,000 $1,440,000
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
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's 2006 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'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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