First Consolidated Mortgage Mortgage Lending & HMDA Data, 2007

In 2007, First Consolidated Mortgage of Dallas, TX reported 514 mortgage applications totaling $66.7 million, down 88% from 2006. The average application was for $129,861, and applicants reported an average income of $44,801. 17% of its applications resulted in an originated loan and 32% were denied. Its largest markets were Houston-Sugar Land-Baytown, TX (56), Dallas-Plano-Irving, TX (41) and Atlanta-Sandy Springs-Marietta, GA (21) (applications in parentheses).

Mortgage Company & Address First Consolidated Mortgage
1700 Pacific Avenue, Ste 2400
Dallas, TX 75080
Tel #: available with data download
Federal Regulator * available with data download
Years 2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 514
Total Mortgage Loan Application Amount $66,749,000
Average Mortgage Loan Application Amount $129,861
Highest Mortgage Loan Application Amount $617,000
Average Applicant Income $44,801
Highest Applicant Income $757,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First Consolidated Mortgage filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 First Consolidated Mortgage by County in 2007

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Harris, Texas 45 $ 5,898,000 $ 131,066 $ 40,000
Dallas, Texas 29 $ 3,205,000 $ 110,517 $ 50,000
Wayne, Michigan 20 $ 1,754,000 $ 87,700 $ 35,000
Lee, Florida 14 $ 2,305,000 $ 164,642 $ 44,000
Jackson, Missouri 12 $ 1,191,000 $ 99,250 $ 48,000
Tarrant, Texas 11 $ 1,195,000 $ 108,636 $ 21,000
Duval, Florida 10 $ 1,049,000 $ 104,900 $ 26,000
Marion, Indiana 10 $ 982,000 $ 98,200 $ 22,000
Salt Lake, Utah 10 $ 1,437,000 $ 143,700 $ 34,000
DeKalb, Georgia 9 $ 1,096,000 $ 121,777 $ 27,000
Canyon, Idaho 9 $ 1,086,000 $ 120,666 $ 32,000
Shelby, Tennessee 9 $ 967,000 $ 107,444 $ 49,000
Travis, Texas 9 $ 962,000 $ 106,888 $ 36,000
Milwaukee, Wisconsin 9 $ 889,000 $ 98,777 $ 38,000
Maricopa, Arizona 8 $ 1,571,000 $ 196,375 $ 35,000
Orange, Florida 8 $ 1,375,000 $ 171,875 $ 18,000
Davidson, Tennessee 7 $ 1,072,000 $ 153,142 $ 16,000
Fulton, Georgia 6 $ 857,000 $ 142,833 $ 148,000
Prince George's, Maryland 6 $ 1,648,000 $ 274,666 $ 78,000
St. Louis, Missouri 6 $ 501,000 $ 83,500 $ 31,000
Denton, Texas 6 $ 882,000 $ 147,000 $ 79,000
Adams, Colorado 5 $ 669,000 $ 133,800 $ 15,000
Broward, Florida 5 $ 778,000 $ 155,600 $ 32,000
Miami-Dade, Florida 5 $ 990,000 $ 198,000 $ 36,000
Jefferson, Kentucky 5 $ 494,000 $ 98,800 $ 92,000
Oakland, Michigan 5 $ 722,000 $ 144,400 $ 43,000
Mecklenburg, North Carolina 5 $ 463,000 $ 92,600 $ 21,000
Smith, Texas 5 $ 429,000 $ 85,800 $ 27,000
Denver, Colorado 4 $ 467,000 $ 116,750 $ 37,000
New Haven, Connecticut 4 $ 639,000 $ 159,750 $ 74,000
Franklin, Ohio 4 $ 394,000 $ 98,500 $ 13,000
Bexar, Texas 4 $ 347,000 $ 86,750 $ 46,000
El Paso, Colorado 3 $ 399,000 $ 133,000 $ 20,000
Polk, Florida 3 $ 624,000 $ 208,000 $ 0
Seminole, Florida 3 $ 933,000 $ 311,000 $ 109,000
Clayton, Georgia 3 $ 294,000 $ 98,000 $ 39,000
Wyandotte, Kansas 3 $ 188,000 $ 62,666 $ 36,000
Genesee, Michigan 3 $ 155,000 $ 51,666 $ 36,000
Kent, Michigan 3 $ 502,000 $ 167,333 $ 40,000
Macomb, Michigan 3 $ 324,000 $ 108,000 $ 418,000
DeSoto, Mississippi 3 $ 321,000 $ 107,000 $ 20,000
Richland, South Carolina 3 $ 318,000 $ 106,000 $ 26,000
Bastrop, Texas 3 $ 439,000 $ 146,333 $ 88,000
Collin, Texas 3 $ 502,000 $ 167,333 $ 38,000
El Paso, Texas 3 $ 490,000 $ 163,333 $ 89,000
Fort Bend, Texas 3 $ 404,000 $ 134,666 $ 73,000
Galveston, Texas 3 $ 241,000 $ 80,333 $ 60,000
Jefferson, Texas 3 $ 291,000 $ 97,000 $ 44,000
Montgomery, Texas 3 $ 284,000 $ 94,666 $ 11,000
Utah, Utah 3 $ 441,000 $ 147,000 $ 25,000
Madison, Alabama 2 $ 90,000 $ 45,000 $ 0
Alachua, Florida 2 $ 250,000 $ 125,000 $ 42,000
Hillsborough, Florida 2 $ 313,000 $ 156,500 $ 42,000
Volusia, Florida 2 $ 242,000 $ 121,000 $ 30,000
Johnson, Kansas 2 $ 296,000 $ 148,000 $ 44,000
Calcasieu, Louisiana 2 $ 179,000 $ 89,500 $ 0
Jefferson, Louisiana 2 $ 136,000 $ 68,000 $ 18,000
Orleans, Louisiana 2 $ 281,000 $ 140,500 $ 26,000
St. Martin, Louisiana 2 $ 199,000 $ 99,500 $ 13,000
Howard, Maryland 2 $ 507,000 $ 253,500 $ 48,000
Montgomery, Maryland 2 $ 490,000 $ 245,000 $ 30,000
Saginaw, Michigan 2 $ 155,000 $ 77,500 $ 17,000
Hinds, Mississippi 2 $ 162,000 $ 81,000 $ 17,000
Leflore, Mississippi 2 $ 508,000 $ 254,000 $ 138,000
St. Louis City, Missouri 2 $ 278,000 $ 139,000 $ 0
Guilford, North Carolina 2 $ 954,000 $ 477,000 $ 428,000
Hamilton, Tennessee 2 $ 329,000 $ 164,500 $ 0
Rutherford, Tennessee 2 $ 218,000 $ 109,000 $ 0
Brazoria, Texas 2 $ 200,000 $ 100,000 $ 72,000
Grayson, Texas 2 $ 153,000 $ 76,500 $ 116,000
Hopkins, Texas 2 $ 127,000 $ 63,500 $ 57,000
Kaufman, Texas 2 $ 149,000 $ 74,500 $ 73,000
Duchesne, Utah 2 $ 140,000 $ 70,000 $ 38,000
Brown, Wisconsin 2 $ 185,000 $ 92,500 $ 37,000
Autauga, Alabama 1 $ 415,000 $ 415,000 $ 96,000
Blount, Alabama 1 $ 135,000 $ 135,000 $ 90,000
Hale, Alabama 1 $ 55,000 $ 55,000 $ 0
Jefferson, Alabama 1 $ 117,000 $ 117,000 $ 38,000
Macon, Alabama 1 $ 55,000 $ 55,000 $ 0
Pima, Arizona 1 $ 140,000 $ 140,000 $ 36,000
Pinal, Arizona 1 $ 174,000 $ 174,000 $ 56,000
Yavapai, Arizona 1 $ 274,000 $ 274,000 $ 0
Pulaski, Arkansas 1 $ 161,000 $ 161,000 $ 85,000
Washington, Arkansas 1 $ 207,000 $ 207,000 $ 0
Arapahoe, Colorado 1 $ 131,000 $ 131,000 $ 41,000
Elbert, Colorado 1 $ 282,000 $ 282,000 $ 0
Jefferson, Colorado 1 $ 242,000 $ 242,000 $ 101,000
Hartford, Connecticut 1 $ 152,000 $ 152,000 $ 79,000
Brevard, Florida 1 $ 180,000 $ 180,000 $ 0
Escambia, Florida 1 $ 142,000 $ 142,000 $ 42,000
Gadsden, Florida 1 $ 140,000 $ 140,000 $ 35,000
Hernando, Florida 1 $ 32,000 $ 32,000 $ 420,000
Jefferson, Florida 1 $ 87,000 $ 87,000 $ 36,000
Marion, Florida 1 $ 157,000 $ 157,000 $ 56,000
Nassau, Florida 1 $ 207,000 $ 207,000 $ 71,000
Osceola, Florida 1 $ 202,000 $ 202,000 $ 35,000
Palm Beach, Florida 1 $ 218,000 $ 218,000 $ 0
Pinellas, Florida 1 $ 157,000 $ 157,000 $ 0
St. Lucie, Florida 1 $ 159,000 $ 159,000 $ 0
Baldwin, Georgia 1 $ 208,000 $ 208,000 $ 96,000
Cherokee, Georgia 1 $ 265,000 $ 265,000 $ 85,000
Cobb, Georgia 1 $ 121,000 $ 121,000 $ 15,000
Douglas, Georgia 1 $ 207,000 $ 207,000 $ 83,000
Worth, Georgia 1 $ 149,000 $ 149,000 $ 71,000
Ada, Idaho 1 $ 259,000 $ 259,000 $ 72,000
Brown, Indiana 1 $ 94,000 $ 94,000 $ 41,000
Greene, Indiana 1 $ 100,000 $ 100,000 $ 71,000
Hendricks, Indiana 1 $ 52,000 $ 52,000 $ 0
LaGrange, Indiana 1 $ 114,000 $ 114,000 $ 65,000
Pulaski, Indiana 1 $ 111,000 $ 111,000 $ 0
Whitley, Indiana 1 $ 65,000 $ 65,000 $ 0
Labette, Kansas 1 $ 68,000 $ 68,000 $ 36,000
Leavenworth, Kansas 1 $ 130,000 $ 130,000 $ 48,000
Barren, Kentucky 1 $ 65,000 $ 65,000 $ 0
Logan, Kentucky 1 $ 57,000 $ 57,000 $ 0
Meade, Kentucky 1 $ 194,000 $ 194,000 $ 70,000
Caddo, Louisiana 1 $ 75,000 $ 75,000 $ 0
East Baton Rouge, Louisiana 1 $ 60,000 $ 60,000 $ 79,000
Iberia, Louisiana 1 $ 114,000 $ 114,000 $ 58,000
Rapides, Louisiana 1 $ 145,000 $ 145,000 $ 0
St. Landry, Louisiana 1 $ 79,000 $ 79,000 $ 0
St. Tammany, Louisiana 1 $ 284,000 $ 284,000 $ 102,000
Terrebonne, Louisiana 1 $ 176,000 $ 176,000 $ 138,000
Baltimore, Maryland 1 $ 120,000 $ 120,000 $ 0
Caroline, Maryland 1 $ 111,000 $ 111,000 $ 0
Cecil, Maryland 1 $ 179,000 $ 179,000 $ 61,000
Garrett, Maryland 1 $ 617,000 $ 617,000 $ 372,000
Hillsdale, Michigan 1 $ 68,000 $ 68,000 $ 56,000
Lapeer, Michigan 1 $ 99,000 $ 99,000 $ 0
Oceana, Michigan 1 $ 91,000 $ 91,000 $ 30,000
Anoka, Minnesota 1 $ 90,000 $ 90,000 $ 32,000
Adams, Mississippi 1 $ 59,000 $ 59,000 $ 0
George, Mississippi 1 $ 136,000 $ 136,000 $ 37,000
Lee, Mississippi 1 $ 96,000 $ 96,000 $ 48,000
Marshall, Mississippi 1 $ 277,000 $ 277,000 $ 57,000
Cape Girardeau, Missouri 1 $ 53,000 $ 53,000 $ 0
Cass, Missouri 1 $ 156,000 $ 156,000 $ 0
Clay, Missouri 1 $ 62,000 $ 62,000 $ 0
Bernalillo, New Mexico 1 $ 225,000 $ 225,000 $ 16,000
Santa Fe, New Mexico 1 $ 185,000 $ 185,000 $ 54,000
Alexander, North Carolina 1 $ 70,000 $ 70,000 $ 0
Buncombe, North Carolina 1 $ 238,000 $ 238,000 $ 0
Duplin, North Carolina 1 $ 200,000 $ 200,000 $ 97,000
Franklin, North Carolina 1 $ 130,000 $ 130,000 $ 0
New Hanover, North Carolina 1 $ 121,000 $ 121,000 $ 0
Butler, Ohio 1 $ 259,000 $ 259,000 $ 97,000
Cuyahoga, Ohio 1 $ 197,000 $ 197,000 $ 30,000
Montgomery, Ohio 1 $ 72,000 $ 72,000 $ 138,000
Warren, Ohio 1 $ 230,000 $ 230,000 $ 0
Cleveland, Oklahoma 1 $ 64,000 $ 64,000 $ 0
Oklahoma, Oklahoma 1 $ 63,000 $ 63,000 $ 42,000
Tulsa, Oklahoma 1 $ 152,000 $ 152,000 $ 82,000
Berkeley, South Carolina 1 $ 151,000 $ 151,000 $ 0
Colleton, South Carolina 1 $ 112,000 $ 112,000 $ 49,000
Fairfield, South Carolina 1 $ 51,000 $ 51,000 $ 0
Lexington, South Carolina 1 $ 90,000 $ 90,000 $ 0
Spartanburg, South Carolina 1 $ 71,000 $ 71,000 $ 306,000
Bradley, Tennessee 1 $ 52,000 $ 52,000 $ 0
Carter, Tennessee 1 $ 60,000 $ 60,000 $ 38,000
Giles, Tennessee 1 $ 87,000 $ 87,000 $ 0
Knox, Tennessee 1 $ 77,000 $ 77,000 $ 32,000
Burleson, Texas 1 $ 85,000 $ 85,000 $ 72,000
Ellis, Texas 1 $ 135,000 $ 135,000 $ 53,000
Hardin, Texas 1 $ 52,000 $ 52,000 $ 0
Henderson, Texas 1 $ 94,000 $ 94,000 $ 73,000
Hidalgo, Texas 1 $ 315,000 $ 315,000 $ 0
Houston, Texas 1 $ 59,000 $ 59,000 $ 0
Johnson, Texas 1 $ 140,000 $ 140,000 $ 41,000
McLennan, Texas 1 $ 114,000 $ 114,000 $ 0
Medina, Texas 1 $ 91,000 $ 91,000 $ 0
Moore, Texas 1 $ 50,000 $ 50,000 $ 21,000
Orange, Texas 1 $ 81,000 $ 81,000 $ 0
Tyler, Texas 1 $ 60,000 $ 60,000 $ 48,000
Van Zandt, Texas 1 $ 92,000 $ 92,000 $ 65,000
Victoria, Texas 1 $ 72,000 $ 72,000 $ 66,000
Webb, Texas 1 $ 261,000 $ 261,000 $ 209,000
Box Elder, Utah 1 $ 128,000 $ 128,000 $ 0
Tooele, Utah 1 $ 100,000 $ 100,000 $ 27,000
Weber, Utah 1 $ 57,000 $ 57,000 $ 15,000
Marshall, West Virginia 1 $ 61,000 $ 61,000 $ 34,000
Sheboygan, Wisconsin 1 $ 60,000 $ 60,000 $ 0
Waushara, Wisconsin 1 $ 53,000 $ 53,000 $ 0

Mortgage Loan Application Detail Totals for First Consolidated Mortgage in 2007

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 370 $47,167,000 $127,000 $610,000 $42,000 $757,000
Refinancing 144 $19,582,000 $135,000 $617,000 $52,000 $600,000
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
Hispanic 174 $23,923,000 $137,000 $550,000 $41,000 $757,000
Black or African American 155 $17,487,000 $112,000 $453,000 $45,000 $420,000
White 145 $20,366,000 $140,000 $617,000 $53,000 $600,000
Not Provided 30 $4,025,000 $134,000 $337,000 $38,000 $306,000
Asian 5 $508,000 $101,000 $150,000 $54,000 $116,000
American Indian or Alaskan Native 4 $240,000 $60,000 $96,000 $0 $0
Native Hawaiian or Other Pacific Islander 1 $200,000 $200,000 $200,000 $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) 514 $66,749,000 $129,000 $617,000 $45,000 $757,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
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
Application Approved But Not Accepted 207 $22,267,000 $107,000 $617,000 $44,000 $372,000
Application Denied By Financial Institution 163 $24,968,000 $153,000 $610,000 $50,000 $600,000
Loan Originated 86 $10,191,000 $118,000 $337,000 $24,000 $276,000
Application Withdrawn By Applicant 32 $4,761,000 $148,000 $389,000 $68,000 $420,000
File Closed For Incompleteness 26 $4,562,000 $175,000 $550,000 $68,000 $757,000
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
Other 41 $6,168,000 $150,000 $356,000 $105,000 $600,000
Debt-To-Income Ratio 36 $5,220,000 $145,000 $453,000 $46,000 $240,000
Employment History 6 $1,134,000 $189,000 $415,000 $65,000 $100,000
Collateral 2 $163,000 $81,000 $93,000 $51,000 $78,000
Unverifiable Information 1 $60,000 $60,000 $60,000 $47,000 $47,000
Insufficient Cash (Downpayment, Closing Cost) 1 $80,000 $80,000 $80,000 $35,000 $35,000
Credit History 1 $261,000 $261,000 $261,000 $209,000 $209,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into First Consolidated Mortgage's 2007 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 First Consolidated Mortgage'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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