Cb&T Mortgage , LLC Mortgage Lending & HMDA Data, 2011
In 2011, Cb&T Mortgage , LLC of Colorado Springs, CO reported 143 mortgage applications totaling $35.2 million, down 77% from 2010. The average application was for $246,209, and applicants reported an average income of $83,125. 53% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Colorado Springs, CO (114), Denver-Aurora-Broomfield, CO (6) and Pueblo, CO (1) (applications in parentheses).
| Mortgage Company & Address | Cb&T Mortgage , LLC 1 South Nevada Avenue #230 Colorado Springs, CO 80903 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2011 2010 2009 2008 2007 2006 2005 |
| Total Number of Mortgage Applications | 143 |
| Total Mortgage Loan Application Amount | $35,208,000 |
| Average Mortgage Loan Application Amount | $246,209 |
| Highest Mortgage Loan Application Amount | $550,000 |
| Average Applicant Income | $83,125 |
| Highest Applicant Income | $368,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Cb&T Mortgage , LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
Mortgage Loan Application Detail Totals for Cb&T Mortgage , LLC in 2011
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 | 123 | $30,309,000 | $246,000 | $550,000 | $83,000 | $368,000 |
| Refinancing | 19 | $4,574,000 | $240,000 | $417,000 | $82,000 | $180,000 |
| Home Improvement | 1 | $325,000 | $325,000 | $325,000 | $120,000 | $120,000 |
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 | 94 | $22,954,000 | $244,000 | $550,000 | $86,000 | $368,000 |
| Hispanic | 15 | $3,742,000 | $249,000 | $417,000 | $81,000 | $147,000 |
| Not Provided | 13 | $3,329,000 | $256,000 | $458,000 | $73,000 | $140,000 |
| Black or African American | 12 | $3,157,000 | $263,000 | $444,000 | $80,000 | $164,000 |
| Asian | 8 | $1,851,000 | $231,000 | $349,000 | $73,000 | $133,000 |
| American Indian or Alaskan Native | 1 | $175,000 | $175,000 | $175,000 | $81,000 | $81,000 |
| 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) | 60 | $15,197,000 | $253,000 | $417,000 | $95,000 | $368,000 |
| VA-guaranteed (Veterans Administration) | 47 | $13,062,000 | $277,000 | $550,000 | $90,000 | $266,000 |
| FHA-insured (Federal Housing Administration) | 36 | $6,949,000 | $193,000 | $332,000 | $55,000 | $133,000 |
| 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 | 76 | $18,122,000 | $238,000 | $460,000 | $83,000 | $266,000 |
| Application Withdrawn By Applicant | 42 | $10,505,000 | $250,000 | $444,000 | $81,000 | $165,000 |
| Preapproval Approved but not Accepted | 15 | $4,149,000 | $276,000 | $550,000 | $104,000 | $368,000 |
| Preapproval Denied by Financial Institution | 7 | $1,647,000 | $235,000 | $317,000 | $52,000 | $75,000 |
| Application Denied By Financial Institution | 3 | $785,000 | $261,000 | $358,000 | $78,000 | $102,000 |
| 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 |
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 | 5 | $1,066,000 | $213,000 | $358,000 | $55,000 | $102,000 |
| Debt-To-Income Ratio | 3 | $734,000 | $244,000 | $307,000 | $69,000 | $78,000 |
| 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 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Cb&T Mortgage , LLC's 2011 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 Cb&T Mortgage , 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.
For a list of all lenders in Colorado, download the full spreadsheet
with aggregated HMDA statistics today.
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