Frost Bank Mortgage Lending & HMDA Data, 2023

In 2023, Frost Bank of San Antonio, TX reported 18,731 mortgage applications totaling $2.6 billion, up 20% from 2022. The average application was for $137,041, and applicants reported an average income of $185,290. 37% of its applications resulted in an originated loan and 49% were denied. Its largest markets were Dallas-Plano-Irving, TX (5,028), Houston-The Woodlands-Sugar Land, TX (4,627) and San Antonio-New Braunfels, TX (2,742) (applications in parentheses).

Mortgage Company & Address Frost Bank
100 West Houston St
San Antonio, TX 78205
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 18,731
Total Mortgage Loan Application Amount $2,566,915,000
Average Mortgage Loan Application Amount $137,041
Highest Mortgage Loan Application Amount $8,005,000
Average Applicant Income $185,290
Highest Applicant Income $8,101,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Frost Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Frost Bank by County in 2023

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Harris, Texas 2,674 $ 298,920,000 $ 111,787 $ 166,000
Bexar, Texas 2,119 $ 203,495,000 $ 96,033 $ 136,000
Tarrant, Texas 1,882 $ 239,280,000 $ 127,141 $ 171,000
Dallas, Texas 1,779 $ 326,175,000 $ 183,347 $ 224,000
Collin, Texas 1,419 $ 213,855,000 $ 150,708 $ 222,000
Travis, Texas 1,303 $ 346,365,000 $ 265,821 $ 281,000
Denton, Texas 1,247 $ 189,495,000 $ 151,960 $ 223,000
Fort Bend, Texas 681 $ 82,985,000 $ 121,857 $ 191,000
Montgomery, Texas 616 $ 73,000,000 $ 118,506 $ 203,000
Williamson, Texas 458 $ 59,710,000 $ 130,371 $ 183,000
Hidalgo, Texas 369 $ 25,265,000 $ 68,468 $ 107,000
Galveston, Texas 290 $ 32,510,000 $ 112,103 $ 185,000
Hays, Texas 288 $ 52,820,000 $ 183,402 $ 207,000
Comal, Texas 279 $ 38,145,000 $ 136,720 $ 176,000
Nueces, Texas 279 $ 24,345,000 $ 87,258 $ 138,000
Brazoria, Texas 248 $ 22,520,000 $ 90,806 $ 157,000
Rockwall, Texas 213 $ 33,235,000 $ 156,032 $ 227,000
Ellis, Texas 211 $ 23,175,000 $ 109,834 $ 159,000
Cameron, Texas 183 $ 10,925,000 $ 59,699 $ 93,000
Parker, Texas 149 $ 19,985,000 $ 134,127 $ 198,000
Guadalupe, Texas 131 $ 12,065,000 $ 92,099 $ 135,000
Midland, Texas 128 $ 16,840,000 $ 131,562 $ 169,000
Johnson, Texas 119 $ 12,425,000 $ 104,411 $ 136,000
Kaufman, Texas 105 $ 11,005,000 $ 104,809 $ 132,000
Ector, Texas 99 $ 8,115,000 $ 81,969 $ 119,000
Kendall, Texas 98 $ 21,610,000 $ 220,510 $ 228,000
Grayson, Texas 61 $ 6,655,000 $ 109,098 $ 156,000
Waller, Texas 59 $ 8,945,000 $ 151,610 $ 232,000
Bell, Texas 58 $ 5,010,000 $ 86,379 $ 136,000
Hunt, Texas 54 $ 5,580,000 $ 103,333 $ 153,000
Brazos, Texas 51 $ 3,995,000 $ 78,333 $ 125,000
Wise, Texas 48 $ 6,100,000 $ 127,083 $ 173,000
Bastrop, Texas 42 $ 4,920,000 $ 117,142 $ 126,000
Burnet, Texas 39 $ 8,265,000 $ 211,923 $ 231,000
Medina, Texas 39 $ 3,965,000 $ 101,666 $ 149,000
Wilson, Texas 38 $ 3,680,000 $ 96,842 $ 163,000
Hood, Texas 36 $ 4,360,000 $ 121,111 $ 136,000
Victoria, Texas 36 $ 2,850,000 $ 79,166 $ 123,000
San Patricio, Texas 35 $ 2,255,000 $ 64,428 $ 124,000
Chambers, Texas 31 $ 2,605,000 $ 84,032 $ 159,000
El Paso, Texas 22 $ 1,550,000 $ 70,454 $ 166,000
Henderson, Texas 22 $ 3,890,000 $ 176,818 $ 161,000
Liberty, Texas 22 $ 1,800,000 $ 81,818 $ 137,000
Bandera, Texas 21 $ 3,725,000 $ 177,380 $ 162,000
McLennan, Texas 20 $ 2,000,000 $ 100,000 $ 128,000
Caldwell, Texas 19 $ 2,385,000 $ 125,526 $ 124,000
Jefferson, Texas 18 $ 1,170,000 $ 65,000 $ 137,000
Atascosa, Texas 17 $ 6,065,000 $ 356,764 $ 152,000
Lubbock, Texas 16 $ 830,000 $ 51,875 $ 137,000
Smith, Texas 16 $ 1,830,000 $ 114,375 $ 204,000
Coryell, Texas 13 $ 1,035,000 $ 79,615 $ 105,000
Navarro, Texas 13 $ 2,045,000 $ 157,307 $ 177,000
Van Zandt, Texas 13 $ 1,015,000 $ 78,076 $ 123,000
Gillespie, Texas 12 $ 2,890,000 $ 240,833 $ 184,000
Hill, Texas 12 $ 770,000 $ 64,166 $ 105,000
Cooke, Texas 11 $ 1,975,000 $ 179,545 $ 250,000
Grimes, Texas 11 $ 1,595,000 $ 145,000 $ 133,000
Walker, Texas 11 $ 605,000 $ 55,000 $ 85,000
Aransas, Texas 10 $ 780,000 $ 78,000 $ 158,000
Blanco, Texas 10 $ 1,860,000 $ 186,000 $ 189,000
Palo Pinto, Texas 10 $ 2,650,000 $ 265,000 $ 285,000
Wharton, Texas 10 $ 1,370,000 $ 137,000 $ 115,000
Willacy, Texas 10 $ 460,000 $ 46,000 $ 69,000
Hopkins, Texas 9 $ 765,000 $ 85,000 $ 151,000
Polk, Texas 9 $ 875,000 $ 97,222 $ 130,000
Colorado, Texas 8 $ 730,000 $ 91,250 $ 100,000
Lamar, Texas 8 $ 830,000 $ 103,750 $ 135,000
Llano, Texas 8 $ 1,620,000 $ 202,500 $ 285,000
Montague, Texas 8 $ 810,000 $ 101,250 $ 119,000
Webb, Texas 8 $ 880,000 $ 110,000 $ 147,000
Anderson, Texas 7 $ 715,000 $ 102,142 $ 147,000
Fannin, Texas 7 $ 795,000 $ 113,571 $ 153,000
Fayette, Texas 7 $ 1,955,000 $ 279,285 $ 166,000
Taylor, Texas 7 $ 255,000 $ 36,428 $ 110,000
Washington, Texas 7 $ 1,275,000 $ 182,142 $ 283,000
Austin, Texas 6 $ 1,140,000 $ 190,000 $ 241,000
Bee, Texas 6 $ 710,000 $ 118,333 $ 71,000
Erath, Texas 6 $ 560,000 $ 93,333 $ 293,000
Gregg, Texas 6 $ 250,000 $ 41,666 $ 57,000
Karnes, Texas 6 $ 1,000,000 $ 166,666 $ 111,000
Kerr, Texas 6 $ 1,270,000 $ 211,666 $ 250,000
Lavaca, Texas 6 $ 360,000 $ 60,000 $ 137,000
Angelina, Texas 5 $ 225,000 $ 45,000 $ 160,000
DeWitt, Texas 5 $ 125,000 $ 25,000 $ 104,000
Frio, Texas 5 $ 515,000 $ 103,000 $ 113,000
Hardin, Texas 5 $ 905,000 $ 181,000 $ 101,000
Milam, Texas 5 $ 1,315,000 $ 263,000 $ 178,000
Nacogdoches, Texas 5 $ 95,000 $ 19,000 $ 53,000
Rusk, Texas 5 $ 195,000 $ 39,000 $ 54,000
Tom Green, Texas 5 $ 185,000 $ 37,000 $ 133,000
Burleson, Texas 4 $ 320,000 $ 80,000 $ 112,000
Calhoun, Texas 4 $ 120,000 $ 30,000 $ 116,000
Goliad, Texas 4 $ 620,000 $ 155,000 $ 152,000
Howard, Texas 4 $ 260,000 $ 65,000 $ 181,000
Lee, Texas 4 $ 460,000 $ 115,000 $ 86,000
Leon, Texas 4 $ 800,000 $ 200,000 $ 221,000
Robertson, Texas 4 $ 540,000 $ 135,000 $ 60,000
Wichita, Texas 4 $ 260,000 $ 65,000 $ 179,000
Wood, Texas 4 $ 370,000 $ 92,500 $ 130,000
Bowie, Texas 3 $ 455,000 $ 151,666 $ 151,000
Cherokee, Texas 3 $ 115,000 $ 38,333 $ 71,000
Jasper, Texas 3 $ 135,000 $ 45,000 $ 94,000
Jim Wells, Texas 3 $ 225,000 $ 75,000 $ 135,000
Kleberg, Texas 3 $ 115,000 $ 38,333 $ 141,000
Live Oak, Texas 3 $ 565,000 $ 188,333 $ 88,000
Maverick, Texas 3 $ 235,000 $ 78,333 $ 52,000
Orange, Texas 3 $ 45,000 $ 15,000 $ 133,000
San Jacinto, Texas 3 $ 145,000 $ 48,333 $ 85,000
Starr, Texas 3 $ 15,000 $ 5,000 $ 56,000
Val Verde, Texas 3 $ 115,000 $ 38,333 $ 57,000
Walton, Florida 2 $ 3,010,000 $ 1,505,000 $ 0
Orleans, Louisiana 2 $ 1,410,000 $ 705,000 $ 0
Andrews, Texas 2 $ 60,000 $ 30,000 $ 139,000
Bosque, Texas 2 $ 60,000 $ 30,000 $ 142,000
Camp, Texas 2 $ 80,000 $ 40,000 $ 121,000
Deaf Smith, Texas 2 $ 50,000 $ 25,000 $ 76,000
Delta, Texas 2 $ 130,000 $ 65,000 $ 83,000
Gonzales, Texas 2 $ 200,000 $ 100,000 $ 100,000
Hamilton, Texas 2 $ 80,000 $ 40,000 $ 70,000
Jack, Texas 2 $ 520,000 $ 260,000 $ 184,000
Jackson, Texas 2 $ 100,000 $ 50,000 $ 94,000
La Salle, Texas 2 $ 40,000 $ 20,000 $ 29,000
Lampasas, Texas 2 $ 250,000 $ 125,000 $ 138,000
Marion, Texas 2 $ 70,000 $ 35,000 $ 60,000
Martin, Texas 2 $ 250,000 $ 125,000 $ 151,000
Matagorda, Texas 2 $ 80,000 $ 40,000 $ 95,000
Nolan, Texas 2 $ 70,000 $ 35,000 $ 104,000
Rains, Texas 2 $ 70,000 $ 35,000 $ 130,000
Randall, Texas 2 $ 160,000 $ 80,000 $ 91,000
Red River, Texas 2 $ 160,000 $ 80,000 $ 91,000
Refugio, Texas 2 $ 70,000 $ 35,000 $ 155,000
Scurry, Texas 2 $ 80,000 $ 40,000 $ 101,000
Titus, Texas 2 $ 160,000 $ 80,000 $ 73,000
Trinity, Texas 2 $ 110,000 $ 55,000 $ 175,000
Upshur, Texas 2 $ 180,000 $ 90,000 $ 69,000
Uvalde, Texas 2 $ 310,000 $ 155,000 $ 59,000
Ward, Texas 2 $ 260,000 $ 130,000 $ 202,000
Wilbarger, Texas 2 $ 60,000 $ 30,000 $ 118,000
Winkler, Texas 2 $ 250,000 $ 125,000 $ 67,000
Briscoe, Texas 1 $ 15,000 $ 15,000 $ 92,000
Brown, Texas 1 $ 25,000 $ 25,000 $ 162,000
Callahan, Texas 1 $ 45,000 $ 45,000 $ 47,000
Cass, Texas 1 $ 25,000 $ 25,000 $ 35,000
Comanche, Texas 1 $ 75,000 $ 75,000 $ 179,000
Concho, Texas 1 $ 55,000 $ 55,000 $ 30,000
Crane, Texas 1 $ 95,000 $ 95,000 $ 70,000
Falls, Texas 1 $ 165,000 $ 165,000 $ 224,000
Freestone, Texas 1 $ 85,000 $ 85,000 $ 208,000
Hale, Texas 1 $ 25,000 $ 25,000 $ 51,000
Harrison, Texas 1 $ 15,000 $ 15,000 $ 65,000
Hockley, Texas 1 $ 45,000 $ 45,000 $ 127,000
Hutchinson, Texas 1 $ 5,000 $ 5,000 $ 42,000
Limestone, Texas 1 $ 5,000 $ 5,000 $ 25,000
Mitchell, Texas 1 $ 5,000 $ 5,000 $ 75,000
Morris, Texas 1 $ 65,000 $ 65,000 $ 50,000
Ochiltree, Texas 1 $ 5,000 $ 5,000 $ 106,000
Panola, Texas 1 $ 5,000 $ 5,000 $ 31,000
Potter, Texas 1 $ 5,000 $ 5,000 $ 80,000
Presidio, Texas 1 $ 55,000 $ 55,000 $ 516,000
Reeves, Texas 1 $ 15,000 $ 15,000 $ 54,000
Runnels, Texas 1 $ 5,000 $ 5,000 $ 8,000
San Augustine, Texas 1 $ 55,000 $ 55,000 $ 200,000
San Saba, Texas 1 $ 55,000 $ 55,000 $ 14,000
Sherman, Texas 1 $ 15,000 $ 15,000 $ 94,000
Somervell, Texas 1 $ 35,000 $ 35,000 $ 183,000
Upton, Texas 1 $ 85,000 $ 85,000 $ 190,000
Young, Texas 1 $ 85,000 $ 85,000 $ 261,000

Mortgage Loan Application Detail Totals for Frost Bank in 2023

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
Other Purpose 8,712 $982,100,000 $112,000 $8,005,000 $163,000 $8,101,000
Home Improvement 7,732 $964,100,000 $124,000 $5,005,000 $194,000 $4,867,000
Home Purchase 1,532 $416,400,000 $271,000 $3,005,000 $250,000 $4,600,000
Refinancing 755 $204,315,000 $270,000 $4,215,000 $222,000 $1,854,000
Not Applicable 0 $0 $0 $0 $0 $0
Cash-out Refinancing 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 9,851 $1,584,715,000 $160,000 $8,005,000 $211,000 $8,101,000
Hispanic 4,163 $377,555,000 $90,000 $3,005,000 $130,000 $3,254,000
Not Provided 1,757 $259,485,000 $147,000 $2,205,000 $198,000 $3,150,000
Black or African American 1,668 $133,340,000 $79,000 $1,605,000 $140,000 $4,505,000
Asian 582 $94,670,000 $162,000 $1,685,000 $208,000 $4,394,000
American Indian or Alaskan Native 203 $28,245,000 $139,000 $3,265,000 $158,000 $2,030,000
Not applicable 22 $11,490,000 $522,000 $2,505,000 $0 $0
Native Hawaiian or Other Pacific Islander 18 $2,480,000 $137,000 $405,000 $118,000 $349,000

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) 18,731 $2,566,915,000 $137,000 $8,005,000 $185,000 $8,101,000
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 Denied By Financial Institution 9,212 $1,184,400,000 $128,000 $6,605,000 $160,000 $5,400,000
Loan Originated 6,853 $1,125,855,000 $164,000 $4,895,000 $229,000 $8,101,000
Application Withdrawn By Applicant 1,347 $116,765,000 $86,000 $8,005,000 $157,000 $4,600,000
File Closed For Incompleteness 703 $25,245,000 $35,000 $605,000 $102,000 $1,324,000
Application Approved But Not Accepted 529 $88,585,000 $167,000 $1,705,000 $243,000 $6,894,000
Preapproval Approved but not Accepted 45 $14,375,000 $319,000 $995,000 $131,000 $485,000
Preapproval Denied by Financial Institution 42 $11,690,000 $278,000 $1,275,000 $94,000 $353,000
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
Not applicable 9,477 $1,370,825,000 $144,000 $8,005,000 $209,000 $8,101,000
Debt-To-Income Ratio 3,012 $489,490,000 $162,000 $5,005,000 $114,000 $1,419,000
Credit Application Incomplete 2,731 $263,365,000 $96,000 $5,005,000 $168,000 $3,844,000
Credit History 1,756 $170,880,000 $97,000 $4,215,000 $167,000 $4,100,000
Other 992 $141,260,000 $142,000 $3,505,000 $210,000 $4,505,000
Collateral 396 $73,950,000 $186,000 $6,605,000 $224,000 $2,030,000
Unverifiable Information 302 $46,520,000 $154,000 $1,505,000 $249,000 $4,560,000
Employment History 64 $10,370,000 $162,000 $4,005,000 $237,000 $5,400,000
Insufficient Cash (Downpayment, Closing Cost) 1 $255,000 $255,000 $255,000 $60,000 $60,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Frost Bank's 2023 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 Frost Bank'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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