Cornerstone Mortgage Partners of Texas, L.P. Mortgage Lending & HMDA Data, 2017

In 2017, Cornerstone Mortgage Partners of Texas, L.P. of Dallas, TX reported 728 mortgage applications totaling $231.6 million, up 24% from 2016. The average application was for $318,167, and applicants reported an average income of $148,412. 67% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Houston-The Woodlands-Sugar Land, TX (302), Dallas-Plano-Irving, TX (184) and Austin-Round Rock, TX (120) (applications in parentheses).

Mortgage Company & Address Cornerstone Mortgage Partners of Texas, L.P.
1177 West Loop South, Ste. 200
Dallas, TX 77027
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  2019  2018  2017  2016  2012  2011  
Total Number of Mortgage Applications 728
Total Mortgage Loan Application Amount $231,626,000
Average Mortgage Loan Application Amount $318,167
Highest Mortgage Loan Application Amount $764,000
Average Applicant Income $148,412
Highest Applicant Income $4,450,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Cornerstone Mortgage Partners of Texas, L.P. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Cornerstone Mortgage Partners of Texas, L.P. by County in 2017

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Fort Bend, Texas 108 $ 35,078,000 $ 324,796 $ 175,000
Harris, Texas 102 $ 33,295,000 $ 326,421 $ 165,000
Denton, Texas 86 $ 28,942,000 $ 336,534 $ 136,000
Williamson, Texas 79 $ 22,123,000 $ 280,037 $ 117,000
Dallas, Texas 59 $ 22,244,000 $ 377,016 $ 154,000
Brazoria, Texas 56 $ 16,946,000 $ 302,607 $ 171,000
Bexar, Texas 48 $ 12,273,000 $ 255,687 $ 107,000
Tarrant, Texas 46 $ 14,099,000 $ 306,500 $ 144,000
Collin, Texas 38 $ 12,135,000 $ 319,342 $ 118,000
Travis, Texas 32 $ 10,853,000 $ 339,156 $ 155,000
Galveston, Texas 20 $ 6,459,000 $ 322,950 $ 165,000
Johnson, Texas 12 $ 4,190,000 $ 349,166 $ 131,000
Hays, Texas 9 $ 3,083,000 $ 342,555 $ 138,000
Waller, Texas 9 $ 3,318,000 $ 368,666 $ 208,000
Montgomery, Texas 7 $ 1,804,000 $ 257,714 $ 121,000
Comal, Texas 6 $ 2,023,000 $ 337,166 $ 228,000
Kendall, Texas 6 $ 1,703,000 $ 283,833 $ 129,000
Guadalupe, Texas 3 $ 679,000 $ 226,333 $ 163,000
Bee, Texas 1 $ 97,000 $ 97,000 $ 58,000
Ellis, Texas 1 $ 282,000 $ 282,000 $ 119,000

Mortgage Loan Application Detail Totals for Cornerstone Mortgage Partners of Texas, L.P. in 2017

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 722 $230,671,000 $319,000 $764,000 $149,000 $4,450,000
Refinancing 5 $781,000 $156,000 $260,000 $84,000 $162,000
Home Improvement 1 $174,000 $174,000 $174,000 $46,000 $46,000

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 323 $100,495,000 $311,000 $629,000 $144,000 $541,000
Asian 140 $45,625,000 $325,000 $553,000 $157,000 $4,450,000
Hispanic 109 $33,182,000 $304,000 $495,000 $137,000 $386,000
Black or African American 76 $26,315,000 $346,000 $764,000 $161,000 $1,515,000
Not Provided 76 $24,639,000 $324,000 $528,000 $149,000 $600,000
American Indian or Alaskan Native 2 $672,000 $336,000 $368,000 $448,000 $755,000
Native Hawaiian or Other Pacific Islander 2 $698,000 $349,000 $353,000 $82,000 $90,000
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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 616 $197,287,000 $320,000 $764,000 $157,000 $4,450,000
FHA-insured (Federal Housing Administration) 85 $23,840,000 $280,000 $369,000 $98,000 $209,000
VA-guaranteed (Veterans Administration) 27 $10,499,000 $388,000 $528,000 $125,000 $180,000
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 485 $150,480,000 $310,000 $424,000 $141,000 $1,515,000
Application Withdrawn By Applicant 219 $74,507,000 $340,000 $764,000 $171,000 $4,450,000
Application Denied By Financial Institution 13 $3,990,000 $306,000 $424,000 $92,000 $173,000
Application Approved But Not Accepted 7 $1,600,000 $228,000 $346,000 $116,000 $226,000
File Closed For Incompleteness 4 $1,049,000 $262,000 $289,000 $93,000 $135,000
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 Cornerstone Mortgage Partners of Texas, L.P.'s 2017 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 Cornerstone Mortgage Partners of Texas, L.P.'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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