Bank'34
Mortgage Loan Application
Totals and Details
for 2010

Find mortgage loan statistics, lending data, and loan application totals for New Mexico.
The mortgage statistics and data below are specific to mortgage loan applications for Bank'34.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address Bank'34
500 East Tenth Street
Alamogordo, NM 88310
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  
Total Number of Mortgage Applications 415
Total Mortgage Loan Application Amount $64,199,000
Average Mortgage Loan Application Amount $109,333
Highest Mortgage Loan Application Amount $996,000
Average Applicant Income $72,333
Highest Applicant Income $711,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in NM, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Bank'34 by County in 2010

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Otero County New Mexico 307 $ 46,354,000 $ 150,000 $ 73,000
Dona Ana County New Mexico 99 $ 16,339,000 $ 165,000 $ 114,000
Eddy County New Mexico 3 $ 368,000 $ 122,000 $ 21,000
Bernalillo County New Mexico 1 $ 232,000 $ 232,000 $ 185,000
Guadalupe County New Mexico 1 $ 125,000 $ 125,000 $ 53,000
Luna County New Mexico 1 $ 171,000 $ 171,000 $ 53,000
Collin County Texas 1 $ 228,000 $ 228,000 $ 137,000
El Paso County Texas 1 $ 238,000 $ 238,000 $ 61,000
Fort Bend County Texas 1 $ 144,000 $ 144,000 $ 102,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of New Mexico, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Bank'34 in 2010

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
Refinancing 211 $33,152,000 $157,000 $996,000 $87,000 $558,000
Home Purchase 197 $30,943,000 $157,000 $408,000 $78,000 $711,000
Home Improvement 7 $104,000 $14,000 $50,000 $52,000 $95,000

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 278 $42,623,000 $153,000 $996,000 $89,000 $658,000
Hispanic 102 $15,686,000 $153,000 $592,000 $69,000 $711,000
Not Provided 14 $2,315,000 $165,000 $397,000 $94,000 $224,000
Asian 8 $1,220,000 $152,000 $217,000 $71,000 $121,000
Black or African American 8 $1,184,000 $148,000 $269,000 $44,000 $92,000
Not applicable 3 $642,000 $214,000 $242,000 $14,000 $43,000
Native Hawaiian or Other Pacific Islander 2 $529,000 $264,000 $369,000 $29,000 $58,000
American Indian or Alaskan Native 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) 248 $36,261,000 $146,000 $996,000 $102,000 $711,000
VA-guaranteed (Veterans Administration) 115 $21,183,000 $184,000 $369,000 $58,000 $266,000
FHA-insured (Federal Housing Administration) 52 $6,755,000 $129,000 $271,000 $45,000 $100,000
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 313 $48,972,000 $156,000 $996,000 $84,000 $711,000
Application Denied By Financial Institution 54 $7,460,000 $138,000 $580,000 $58,000 $244,000
Application Withdrawn By Applicant 43 $6,783,000 $157,000 $592,000 $102,000 $367,000
Application Approved But Not Accepted 4 $866,000 $216,000 $360,000 $118,000 $208,000
File Closed For Incompleteness 1 $118,000 $118,000 $118,000 $75,000 $75,000
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
Credit History 29 $3,460,000 $119,000 $369,000 $50,000 $189,000
Debt-To-Income Ratio 9 $1,929,000 $214,000 $580,000 $45,000 $81,000
Collateral 8 $873,000 $109,000 $146,000 $86,000 $244,000
Insufficient Cash (Downpayment, Closing Cost) 3 $422,000 $140,000 $244,000 $33,000 $77,000
Unverifiable Information 3 $490,000 $163,000 $234,000 $103,000 $163,000
Other 2 $286,000 $143,000 $238,000 $88,000 $116,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in NM, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in New Mexico, and search similar information at your convenience.

Download the New Mexico Lender List