Classic Home Financial, Inc. Mortgage Lending & HMDA Data, 2008

In 2008, Classic Home Financial, Inc. of Houston, TX reported 2,245 mortgage applications totaling $314.4 million, up 69% from 2007. The average application was for $140,045, and applicants reported an average income of $49,000. 34% of its applications resulted in an originated loan and 65% were denied. Its largest markets were Houston-Sugar Land-Baytown, TX (1,000), Dallas-Plano-Irving, TX (220) and San Antonio, TX (92) (applications in parentheses).

Mortgage Company & Address Classic Home Financial, Inc.
10700 Richmond Avenue #150
Houston, TX 77042
Tel #: available with data download
Federal Regulator * available with data download
Years 2012  2011  2010  2009  2008  2007  2006  
Total Number of Mortgage Applications 2,245
Total Mortgage Loan Application Amount $314,402,000
Average Mortgage Loan Application Amount $140,045
Highest Mortgage Loan Application Amount $1,083,000
Average Applicant Income $49,000
Highest Applicant Income $1,661,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Classic Home Financial, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Classic Home Financial, Inc. by County in 2008

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Harris, Texas 680 $ 89,931,000 $ 132,251 $ 50,000
Dallas, Texas 137 $ 16,759,000 $ 122,328 $ 41,000
Fort Bend, Texas 131 $ 22,358,000 $ 170,671 $ 60,000
Bexar, Texas 80 $ 10,796,000 $ 134,950 $ 48,000
Hidalgo, Texas 74 $ 7,955,000 $ 107,500 $ 40,000
Tarrant, Texas 74 $ 9,124,000 $ 123,297 $ 55,000
Montgomery, Texas 60 $ 9,435,000 $ 157,250 $ 58,000
Cook, Illinois 57 $ 12,522,000 $ 219,684 $ 54,000
Brazoria, Texas 48 $ 7,880,000 $ 164,166 $ 68,000
Galveston, Texas 42 $ 6,378,000 $ 151,857 $ 51,000
Nueces, Texas 39 $ 5,821,000 $ 149,256 $ 44,000
Collin, Texas 34 $ 5,911,000 $ 173,852 $ 71,000
Cameron, Texas 33 $ 3,634,000 $ 110,121 $ 35,000
Webb, Texas 25 $ 2,690,000 $ 107,600 $ 33,000
Denton, Texas 24 $ 3,875,000 $ 161,458 $ 79,000
Chambers, Texas 21 $ 3,035,000 $ 144,523 $ 60,000
McLennan, Texas 21 $ 2,284,000 $ 108,761 $ 49,000
Jefferson, Texas 17 $ 1,810,000 $ 106,470 $ 44,000
Jefferson, Louisiana 15 $ 2,555,000 $ 170,333 $ 46,000
Orleans, Louisiana 15 $ 2,573,000 $ 171,533 $ 54,000
Oklahoma, Oklahoma 14 $ 1,931,000 $ 137,928 $ 33,000
Randall, Texas 14 $ 1,666,000 $ 119,000 $ 37,000
Denver, Colorado 13 $ 2,834,000 $ 218,000 $ 49,000
Pueblo, Colorado 13 $ 1,948,000 $ 149,846 $ 38,000
Liberty, Texas 13 $ 1,366,000 $ 105,076 $ 40,000
Adams, Colorado 12 $ 1,596,000 $ 133,000 $ 28,000
El Paso, Colorado 12 $ 2,348,000 $ 195,666 $ 31,000
Travis, Texas 12 $ 1,942,000 $ 161,833 $ 53,000
Jefferson, Colorado 11 $ 2,287,000 $ 207,909 $ 51,000
Will, Illinois 11 $ 2,674,000 $ 243,090 $ 78,000
East Baton Rouge, Louisiana 11 $ 2,017,000 $ 183,363 $ 24,000
St. Louis, Missouri 11 $ 1,334,000 $ 121,272 $ 13,000
Potter, Texas 11 $ 1,043,000 $ 94,818 $ 33,000
Greene, Missouri 10 $ 1,163,000 $ 116,300 $ 46,000
El Paso, Texas 10 $ 1,102,000 $ 110,200 $ 45,000
Williamson, Texas 10 $ 1,610,000 $ 161,000 $ 53,000
Arapahoe, Colorado 9 $ 1,596,000 $ 177,333 $ 48,000
Ector, Texas 8 $ 812,000 $ 101,500 $ 53,000
Rockwall, Texas 8 $ 1,307,000 $ 163,375 $ 68,000
Lake, Illinois 7 $ 1,459,000 $ 208,428 $ 59,000
Ellis, Texas 7 $ 1,319,000 $ 188,428 $ 123,000
Guadalupe, Texas 7 $ 974,000 $ 139,142 $ 64,000
Smith, Texas 7 $ 619,000 $ 88,428 $ 14,000
Kaufman, Texas 6 $ 1,138,000 $ 189,666 $ 65,000
St. John the Baptist, Louisiana 5 $ 612,000 $ 122,400 $ 20,000
Hays, Texas 5 $ 755,000 $ 151,000 $ 45,000
San Patricio, Texas 5 $ 515,000 $ 103,000 $ 35,000
Larimer, Colorado 4 $ 585,000 $ 146,250 $ 17,000
DuPage, Illinois 4 $ 1,576,000 $ 394,000 $ 20,000
Caddo, Louisiana 4 $ 478,000 $ 119,500 $ 47,000
Lafayette, Louisiana 4 $ 432,000 $ 108,000 $ 30,000
St. Charles, Louisiana 4 $ 911,000 $ 227,750 $ 48,000
Taney, Missouri 4 $ 1,249,000 $ 312,250 $ 242,000
Kingfisher, Oklahoma 4 $ 772,000 $ 193,000 $ 45,000
Stephens, Oklahoma 4 $ 384,000 $ 96,000 $ 21,000
Tulsa, Oklahoma 4 $ 472,000 $ 118,000 $ 34,000
Brazos, Texas 4 $ 524,000 $ 131,000 $ 52,000
Hunt, Texas 4 $ 590,000 $ 147,500 $ 57,000
Midland, Texas 4 $ 612,000 $ 153,000 $ 101,000
Waller, Texas 4 $ 431,000 $ 107,750 $ 37,000
St. Clair, Illinois 3 $ 203,000 $ 67,666 $ 12,000
Christian, Missouri 3 $ 421,000 $ 140,333 $ 54,000
Canadian, Oklahoma 3 $ 231,000 $ 77,000 $ 0
Cleveland, Oklahoma 3 $ 417,000 $ 139,000 $ 18,000
Le Flore, Oklahoma 3 $ 325,000 $ 108,333 $ 55,000
Grayson, Texas 3 $ 380,000 $ 126,666 $ 23,000
Gregg, Texas 3 $ 469,000 $ 156,333 $ 56,000
Rusk, Texas 3 $ 204,000 $ 68,000 $ 20,000
Shelby, Texas 3 $ 339,000 $ 113,000 $ 56,000
Starr, Texas 3 $ 333,000 $ 111,000 $ 52,000
Wood, Texas 3 $ 193,000 $ 64,333 $ 18,000
Otero, Colorado 2 $ 273,000 $ 136,500 $ 0
Weld, Colorado 2 $ 612,000 $ 306,000 $ 107,000
Grundy, Illinois 2 $ 322,000 $ 161,000 $ 26,000
Madison, Illinois 2 $ 249,000 $ 124,500 $ 25,000
Acadia, Louisiana 2 $ 334,000 $ 167,000 $ 70,000
Ascension, Louisiana 2 $ 401,000 $ 200,500 $ 57,000
Iberville, Louisiana 2 $ 259,000 $ 129,500 $ 38,000
Livingston, Louisiana 2 $ 199,000 $ 99,500 $ 22,000
Rapides, Louisiana 2 $ 154,000 $ 77,000 $ 32,000
St. Tammany, Louisiana 2 $ 367,000 $ 183,500 $ 68,000
Lee, Mississippi 2 $ 242,000 $ 121,000 $ 27,000
Jefferson, Missouri 2 $ 318,000 $ 159,000 $ 0
Aransas, Texas 2 $ 178,000 $ 89,000 $ 15,000
Bell, Texas 2 $ 196,000 $ 98,000 $ 85,000
Comal, Texas 2 $ 208,000 $ 104,000 $ 23,000
Hardin, Texas 2 $ 349,000 $ 174,500 $ 91,000
Harrison, Texas 2 $ 164,000 $ 82,000 $ 68,000
Johnson, Texas 2 $ 372,000 $ 186,000 $ 90,000
Jones, Texas 2 $ 244,000 $ 122,000 $ 45,000
Kendall, Texas 2 $ 585,000 $ 292,500 $ 34,000
Lamb, Texas 2 $ 261,000 $ 130,500 $ 56,000
Lubbock, Texas 2 $ 207,000 $ 103,500 $ 60,000
Orange, Texas 2 $ 223,000 $ 111,500 $ 128,000
Polk, Texas 2 $ 281,000 $ 140,500 $ 36,000
Titus, Texas 2 $ 485,000 $ 242,500 $ 107,000
Victoria, Texas 2 $ 394,000 $ 197,000 $ 66,000
Washington, Texas 2 $ 157,000 $ 78,500 $ 60,000
Archuleta, Colorado 1 $ 410,000 $ 410,000 $ 0
Cheyenne, Colorado 1 $ 157,000 $ 157,000 $ 69,000
Douglas, Colorado 1 $ 380,000 $ 380,000 $ 117,000
Summit, Colorado 1 $ 287,000 $ 287,000 $ 0
Champaign, Illinois 1 $ 134,000 $ 134,000 $ 0
Kendall, Illinois 1 $ 281,000 $ 281,000 $ 97,000
LaSalle, Illinois 1 $ 103,000 $ 103,000 $ 35,000
McDonough, Illinois 1 $ 101,000 $ 101,000 $ 70,000
Monroe, Illinois 1 $ 217,000 $ 217,000 $ 69,000
Perry, Illinois 1 $ 42,000 $ 42,000 $ 0
Piatt, Illinois 1 $ 203,000 $ 203,000 $ 39,000
Whiteside, Illinois 1 $ 54,000 $ 54,000 $ 18,000
Winnebago, Illinois 1 $ 136,000 $ 136,000 $ 32,000
Lake, Indiana 1 $ 126,000 $ 126,000 $ 0
Lafourche, Louisiana 1 $ 85,000 $ 85,000 $ 25,000
Lincoln, Louisiana 1 $ 100,000 $ 100,000 $ 38,000
Morehouse, Louisiana 1 $ 69,000 $ 69,000 $ 0
St. Landry, Louisiana 1 $ 105,000 $ 105,000 $ 68,000
Terrebonne, Louisiana 1 $ 120,000 $ 120,000 $ 31,000
Callaway, Missouri 1 $ 117,000 $ 117,000 $ 0
Jackson, Missouri 1 $ 92,000 $ 92,000 $ 59,000
Laclede, Missouri 1 $ 110,000 $ 110,000 $ 0
Lawrence, Missouri 1 $ 70,000 $ 70,000 $ 31,000
Lincoln, Missouri 1 $ 157,000 $ 157,000 $ 0
Miller, Missouri 1 $ 71,000 $ 71,000 $ 25,000
St. Charles, Missouri 1 $ 450,000 $ 450,000 $ 0
St. Francois, Missouri 1 $ 57,000 $ 57,000 $ 0
St. Louis City, Missouri 1 $ 62,000 $ 62,000 $ 0
Wright, Missouri 1 $ 54,000 $ 54,000 $ 40,000
Atoka, Oklahoma 1 $ 112,000 $ 112,000 $ 0
Caddo, Oklahoma 1 $ 133,000 $ 133,000 $ 59,000
Carter, Oklahoma 1 $ 103,000 $ 103,000 $ 0
Custer, Oklahoma 1 $ 94,000 $ 94,000 $ 0
Garfield, Oklahoma 1 $ 43,000 $ 43,000 $ 0
Jefferson, Oklahoma 1 $ 100,000 $ 100,000 $ 30,000
McClain, Oklahoma 1 $ 70,000 $ 70,000 $ 0
McIntosh, Oklahoma 1 $ 168,000 $ 168,000 $ 40,000
Okmulgee, Oklahoma 1 $ 64,000 $ 64,000 $ 0
Payne, Oklahoma 1 $ 133,000 $ 133,000 $ 70,000
Pittsburg, Oklahoma 1 $ 230,000 $ 230,000 $ 66,000
Seminole, Oklahoma 1 $ 107,000 $ 107,000 $ 49,000
Multnomah, Oregon 1 $ 148,000 $ 148,000 $ 36,000
Anderson, Texas 1 $ 73,000 $ 73,000 $ 0
Andrews, Texas 1 $ 141,000 $ 141,000 $ 68,000
Angelina, Texas 1 $ 119,000 $ 119,000 $ 90,000
Austin, Texas 1 $ 74,000 $ 74,000 $ 38,000
Bastrop, Texas 1 $ 108,000 $ 108,000 $ 0
Bee, Texas 1 $ 96,000 $ 96,000 $ 52,000
Bosque, Texas 1 $ 99,000 $ 99,000 $ 52,000
Bowie, Texas 1 $ 107,000 $ 107,000 $ 0
Caldwell, Texas 1 $ 113,000 $ 113,000 $ 90,000
Cass, Texas 1 $ 90,000 $ 90,000 $ 54,000
Colorado, Texas 1 $ 187,000 $ 187,000 $ 0
Cooke, Texas 1 $ 154,000 $ 154,000 $ 77,000
Dawson, Texas 1 $ 57,000 $ 57,000 $ 60,000
Duval, Texas 1 $ 194,000 $ 194,000 $ 0
Falls, Texas 1 $ 49,000 $ 49,000 $ 33,000
Fannin, Texas 1 $ 110,000 $ 110,000 $ 71,000
Fayette, Texas 1 $ 94,000 $ 94,000 $ 144,000
Franklin, Texas 1 $ 78,000 $ 78,000 $ 47,000
Freestone, Texas 1 $ 96,000 $ 96,000 $ 37,000
Gray, Texas 1 $ 77,000 $ 77,000 $ 0
Hale, Texas 1 $ 51,000 $ 51,000 $ 27,000
Henderson, Texas 1 $ 105,000 $ 105,000 $ 42,000
Hood, Texas 1 $ 84,000 $ 84,000 $ 43,000
Hopkins, Texas 1 $ 56,000 $ 56,000 $ 44,000
Hudspeth, Texas 1 $ 130,000 $ 130,000 $ 30,000
Jim Wells, Texas 1 $ 81,000 $ 81,000 $ 54,000
Kerr, Texas 1 $ 417,000 $ 417,000 $ 495,000
Lamar, Texas 1 $ 133,000 $ 133,000 $ 100,000
Lampasas, Texas 1 $ 126,000 $ 126,000 $ 56,000
Lavaca, Texas 1 $ 87,000 $ 87,000 $ 50,000
Limestone, Texas 1 $ 98,000 $ 98,000 $ 36,000
Marion, Texas 1 $ 107,000 $ 107,000 $ 44,000
Matagorda, Texas 1 $ 113,000 $ 113,000 $ 0
Maverick, Texas 1 $ 113,000 $ 113,000 $ 34,000
Medina, Texas 1 $ 109,000 $ 109,000 $ 25,000
Nacogdoches, Texas 1 $ 162,000 $ 162,000 $ 78,000
San Saba, Texas 1 $ 65,000 $ 65,000 $ 37,000
Tom Green, Texas 1 $ 162,000 $ 162,000 $ 102,000
Val Verde, Texas 1 $ 128,000 $ 128,000 $ 34,000
Wheeler, Texas 1 $ 141,000 $ 141,000 $ 0
Wichita, Texas 1 $ 59,000 $ 59,000 $ 44,000
Young, Texas 1 $ 50,000 $ 50,000 $ 25,000
Salt Lake, Utah 1 $ 143,000 $ 143,000 $ 0

Mortgage Loan Application Detail Totals for Classic Home Financial, Inc. in 2008

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 1,723 $232,923,000 $135,000 $1,083,000 $49,000 $1,661,000
Refinancing 522 $81,479,000 $156,000 $895,000 $49,000 $486,000
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 823 $120,785,000 $146,000 $895,000 $49,000 $495,000
Hispanic 771 $93,989,000 $121,000 $1,083,000 $46,000 $1,661,000
Black or African American 527 $78,535,000 $149,000 $417,000 $47,000 $493,000
Not Provided 64 $9,681,000 $151,000 $370,000 $51,000 $136,000
Asian 49 $9,833,000 $200,000 $417,000 $114,000 $837,000
Native Hawaiian or Other Pacific Islander 7 $1,086,000 $155,000 $215,000 $50,000 $88,000
American Indian or Alaskan Native 4 $493,000 $123,000 $169,000 $60,000 $87,000
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) 1,497 $197,437,000 $131,000 $1,083,000 $47,000 $1,661,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 680 $105,801,000 $155,000 $895,000 $52,000 $837,000
VA-guaranteed (Veterans Administration) 68 $11,164,000 $164,000 $410,000 $61,000 $238,000
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
Application Denied By Financial Institution 1,460 $207,880,000 $142,000 $1,083,000 $50,000 $1,661,000
Loan Originated 773 $104,859,000 $135,000 $410,000 $47,000 $486,000
Preapproval Denied by Financial Institution 12 $1,663,000 $138,000 $287,000 $61,000 $294,000
Application Approved But Not Accepted 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
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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 220 $29,384,000 $133,000 $384,000 $45,000 $756,000
Debt-To-Income Ratio 218 $31,923,000 $146,000 $417,000 $38,000 $495,000
Other 44 $6,716,000 $152,000 $350,000 $54,000 $198,000
Employment History 28 $3,575,000 $127,000 $275,000 $45,000 $150,000
Collateral 19 $2,904,000 $152,000 $413,000 $40,000 $109,000
Unverifiable Information 14 $2,624,000 $187,000 $400,000 $57,000 $384,000
Insufficient Cash (Downpayment, Closing Cost) 7 $909,000 $129,000 $341,000 $40,000 $107,000
Credit Application Incomplete 1 $63,000 $63,000 $63,000 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Classic Home Financial, Inc.'s 2008 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 Classic Home Financial, Inc.'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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