Community Development Corporation of Brownsville Mortgage Lending & HMDA Data, 2018

In 2018, Community Development Corporation of Brownsville of Brownsville, TX reported 52 mortgage applications totaling $4.2 million, down 29% from 2017. The average application was for $81,153, and applicants reported an average income of $31,000. 79% of its applications resulted in an originated loan and 10% were denied. Its largest market was Brownsville-Harlingen, TX (52).

Mortgage Company & Address Community Development Corporation of Brownsville
901 E Levee St
Brownsville, TX 78520
Tel #: available with data download
Federal Regulator * available with data download
Years 2024  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 52
Total Mortgage Loan Application Amount $4,220,000
Average Mortgage Loan Application Amount $81,153
Highest Mortgage Loan Application Amount $125,000
Average Applicant Income $31,000
Highest Applicant Income $106,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Community Development Corporation of Brownsville filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for Community Development Corporation of Brownsville in 2018

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 52 $4,220,000 $81,000 $125,000 $31,000 $106,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Refinancing 0 $0 $0 $0 $0 $0
Cash-out Refinancing 0 $0 $0 $0 $0 $0
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
Hispanic 51 $4,155,000 $81,000 $125,000 $31,000 $106,000
White 1 $65,000 $65,000 $65,000 $25,000 $25,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Not Provided 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) 35 $2,895,000 $82,000 $125,000 $31,000 $46,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 17 $1,325,000 $77,000 $125,000 $31,000 $106,000
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 41 $3,335,000 $81,000 $125,000 $32,000 $106,000
Application Withdrawn By Applicant 6 $500,000 $83,000 $125,000 $29,000 $44,000
Application Denied By Financial Institution 5 $385,000 $77,000 $95,000 $30,000 $43,000
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
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
Not applicable 47 $3,835,000 $81,000 $125,000 $31,000 $106,000
Collateral 2 $150,000 $75,000 $95,000 $31,000 $43,000
Credit History 2 $160,000 $80,000 $85,000 $29,000 $30,000
Employment History 1 $75,000 $75,000 $75,000 $29,000 $29,000
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
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Community Development Corporation of Brownsville's 2018 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 Community Development Corporation of Brownsville'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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