Great Western Financial Services, Inc. Mortgage Lending & HMDA Data, 2019

In 2019, Great Western Financial Services, Inc. of Plano, TX reported 2,609 mortgage applications totaling $619.3 million, up 3% from 2018. The average application was for $237,357, and applicants reported an average income of $102,944. 66% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Dallas-Plano-Irving, TX (1,244), Fort Worth-Arlington, TX (519) and Houston-The Woodlands-Sugar Land, TX (276) (applications in parentheses).

Mortgage Company & Address Great Western Financial Services, Inc.
5408 W Plano Pkwy
Plano, TX 75093
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 2,609
Total Mortgage Loan Application Amount $619,265,000
Average Mortgage Loan Application Amount $237,357
Highest Mortgage Loan Application Amount $5,255,000
Average Applicant Income $102,944
Highest Applicant Income $3,000,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Great Western Financial Services, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Great Western Financial Services, Inc. by County in 2019

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Dallas, Texas 486 $ 120,150,000 $ 247,222 $ 104,000
Tarrant, Texas 455 $ 104,285,000 $ 229,197 $ 93,000
Collin, Texas 326 $ 94,030,000 $ 288,435 $ 118,000
Denton, Texas 254 $ 73,780,000 $ 290,472 $ 117,000
Harris, Texas 187 $ 39,255,000 $ 209,919 $ 92,000
Bexar, Texas 76 $ 14,450,000 $ 190,131 $ 98,000
Travis, Texas 58 $ 16,650,000 $ 287,068 $ 131,000
Ellis, Texas 55 $ 13,145,000 $ 239,000 $ 98,000
Kaufman, Texas 49 $ 11,275,000 $ 230,102 $ 92,000
Rockwall, Texas 48 $ 13,720,000 $ 285,833 $ 109,000
Montgomery, Texas 34 $ 6,840,000 $ 201,176 $ 88,000
Parker, Texas 34 $ 8,870,000 $ 260,882 $ 107,000
Williamson, Texas 32 $ 8,000,000 $ 250,000 $ 110,000
Hunt, Texas 26 $ 5,530,000 $ 212,692 $ 100,000
Johnson, Texas 26 $ 5,920,000 $ 227,692 $ 101,000
Fort Bend, Texas 25 $ 5,775,000 $ 231,000 $ 134,000
Galveston, Texas 17 $ 2,905,000 $ 170,882 $ 91,000
Lubbock, Texas 17 $ 2,695,000 $ 158,529 $ 119,000
Bell, Texas 16 $ 2,180,000 $ 136,250 $ 66,000
El Paso, Texas 16 $ 2,050,000 $ 128,125 $ 79,000
Nueces, Texas 16 $ 2,280,000 $ 142,500 $ 67,000
McLennan, Texas 13 $ 2,845,000 $ 218,846 $ 156,000
Grayson, Texas 12 $ 2,080,000 $ 173,333 $ 84,000
Hidalgo, Texas 12 $ 1,730,000 $ 144,166 $ 74,000
Cameron, Texas 11 $ 1,435,000 $ 130,454 $ 77,000
Hood, Texas 11 $ 2,475,000 $ 225,000 $ 115,000
Van Zandt, Texas 11 $ 2,565,000 $ 233,181 $ 100,000
Smith, Texas 10 $ 1,850,000 $ 185,000 $ 95,000
Brazos, Texas 9 $ 1,765,000 $ 196,111 $ 139,000
Jefferson, Texas 9 $ 1,015,000 $ 112,777 $ 61,000
Hays, Texas 8 $ 1,540,000 $ 192,500 $ 83,000
Brazoria, Texas 7 $ 1,225,000 $ 175,000 $ 73,000
Comal, Texas 7 $ 1,725,000 $ 246,428 $ 97,000
Guadalupe, Texas 7 $ 1,305,000 $ 186,428 $ 81,000
Henderson, Texas 7 $ 1,275,000 $ 182,142 $ 73,000
Tom Green, Texas 7 $ 1,295,000 $ 185,000 $ 73,000
Ector, Texas 6 $ 1,250,000 $ 208,333 $ 106,000
Llano, Texas 6 $ 1,050,000 $ 175,000 $ 72,000
Angelina, Texas 5 $ 835,000 $ 167,000 $ 71,000
Navarro, Texas 5 $ 885,000 $ 177,000 $ 67,000
El Paso, Colorado 4 $ 950,000 $ 237,500 $ 119,000
Shelby, Tennessee 4 $ 690,000 $ 172,500 $ 82,000
Bastrop, Texas 4 $ 1,070,000 $ 267,500 $ 119,000
Coryell, Texas 4 $ 430,000 $ 107,500 $ 51,000
Polk, Texas 4 $ 390,000 $ 97,500 $ 65,000
Taylor, Texas 4 $ 620,000 $ 155,000 $ 144,000
Wichita, Texas 4 $ 500,000 $ 125,000 $ 51,000
Wise, Texas 4 $ 750,000 $ 187,500 $ 71,000
Oklahoma, Oklahoma 3 $ 725,000 $ 241,666 $ 157,000
Aransas, Texas 3 $ 1,015,000 $ 338,333 $ 317,000
Burnet, Texas 3 $ 845,000 $ 281,666 $ 86,000
Fannin, Texas 3 $ 435,000 $ 145,000 $ 49,000
Harrison, Texas 3 $ 445,000 $ 148,333 $ 111,000
Maverick, Texas 3 $ 475,000 $ 158,333 $ 78,000
Midland, Texas 3 $ 555,000 $ 185,000 $ 78,000
Montague, Texas 3 $ 455,000 $ 151,666 $ 63,000
Potter, Texas 3 $ 355,000 $ 118,333 $ 33,000
San Patricio, Texas 3 $ 605,000 $ 201,666 $ 105,000
Washington, Texas 3 $ 1,025,000 $ 341,666 $ 104,000
Webb, Texas 3 $ 325,000 $ 108,333 $ 105,000
Plumas, California 2 $ 680,000 $ 340,000 $ 113,000
Shasta, California 2 $ 420,000 $ 210,000 $ 55,000
Sonoma, California 2 $ 860,000 $ 430,000 $ 136,000
Bee, Texas 2 $ 260,000 $ 130,000 $ 50,000
Cass, Texas 2 $ 160,000 $ 80,000 $ 40,000
Chambers, Texas 2 $ 450,000 $ 225,000 $ 106,000
Cherokee, Texas 2 $ 260,000 $ 130,000 $ 49,000
Cooke, Texas 2 $ 260,000 $ 130,000 $ 62,000
Erath, Texas 2 $ 410,000 $ 205,000 $ 136,000
Falls, Texas 2 $ 170,000 $ 85,000 $ 45,000
Gregg, Texas 2 $ 370,000 $ 185,000 $ 58,000
Grimes, Texas 2 $ 220,000 $ 110,000 $ 38,000
Houston, Texas 2 $ 120,000 $ 60,000 $ 32,000
Howard, Texas 2 $ 320,000 $ 160,000 $ 168,000
Jackson, Texas 2 $ 430,000 $ 215,000 $ 120,000
Jasper, Texas 2 $ 340,000 $ 170,000 $ 156,000
Kendall, Texas 2 $ 380,000 $ 190,000 $ 70,000
Kleberg, Texas 2 $ 320,000 $ 160,000 $ 94,000
Lamar, Texas 2 $ 220,000 $ 110,000 $ 65,000
Liberty, Texas 2 $ 300,000 $ 150,000 $ 66,000
Matagorda, Texas 2 $ 180,000 $ 90,000 $ 56,000
Nacogdoches, Texas 2 $ 230,000 $ 115,000 $ 94,000
Orange, Texas 2 $ 290,000 $ 145,000 $ 83,000
Rains, Texas 2 $ 300,000 $ 150,000 $ 90,000
Upshur, Texas 2 $ 260,000 $ 130,000 $ 40,000
Val Verde, Texas 2 $ 270,000 $ 135,000 $ 112,000
Alameda, California 1 $ 485,000 $ 485,000 $ 192,000
Del Norte, California 1 $ 215,000 $ 215,000 $ 52,000
Fresno, California 1 $ 185,000 $ 185,000 $ 64,000
Lassen, California 1 $ 195,000 $ 195,000 $ 42,000
Los Angeles, California 1 $ 285,000 $ 285,000 $ 71,000
Orange, California 1 $ 435,000 $ 435,000 $ 102,000
Riverside, California 1 $ 295,000 $ 295,000 $ 152,000
Sacramento, California 1 $ 155,000 $ 155,000 $ 38,000
San Francisco, California 1 $ 725,000 $ 725,000 $ 234,000
Douglas, Colorado 1 $ 515,000 $ 515,000 $ 133,000
Weld, Colorado 1 $ 245,000 $ 245,000 $ 66,000
Marion, Florida 1 $ 135,000 $ 135,000 $ 34,000
Miami-Dade, Florida 1 $ 245,000 $ 245,000 $ 64,000
Santa Rosa, Florida 1 $ 225,000 $ 225,000 $ 81,000
Volusia, Florida 1 $ 225,000 $ 225,000 $ 134,000
Bradley, Tennessee 1 $ 85,000 $ 85,000 $ 82,000
Coffee, Tennessee 1 $ 165,000 $ 165,000 $ 52,000
Davidson, Tennessee 1 $ 95,000 $ 95,000 $ 65,000
Andrews, Texas 1 $ 165,000 $ 165,000 $ 66,000
Austin, Texas 1 $ 215,000 $ 215,000 $ 52,000
Blanco, Texas 1 $ 205,000 $ 205,000 $ 108,000
Bowie, Texas 1 $ 75,000 $ 75,000 $ 32,000
Brown, Texas 1 $ 95,000 $ 95,000 $ 167,000
Delta, Texas 1 $ 65,000 $ 65,000 $ 201,000
DeWitt, Texas 1 $ 135,000 $ 135,000 $ 165,000
Eastland, Texas 1 $ 185,000 $ 185,000 $ 127,000
Franklin, Texas 1 $ 145,000 $ 145,000 $ 232,000
Gaines, Texas 1 $ 275,000 $ 275,000 $ 103,000
Garza, Texas 1 $ 135,000 $ 135,000 $ 60,000
Gonzales, Texas 1 $ 95,000 $ 95,000 $ 33,000
Hartley, Texas 1 $ 165,000 $ 165,000 $ 104,000
Haskell, Texas 1 $ 105,000 $ 105,000 $ 38,000
Hill, Texas 1 $ 175,000 $ 175,000 $ 90,000
Hockley, Texas 1 $ 75,000 $ 75,000 $ 87,000
Hopkins, Texas 1 $ 185,000 $ 185,000 $ 88,000
Hutchinson, Texas 1 $ 85,000 $ 85,000 $ 50,000
Jim Wells, Texas 1 $ 325,000 $ 325,000 $ 147,000
Karnes, Texas 1 $ 165,000 $ 165,000 $ 65,000
Kerr, Texas 1 $ 195,000 $ 195,000 $ 39,000
Kimble, Texas 1 $ 195,000 $ 195,000 $ 96,000
Lamb, Texas 1 $ 115,000 $ 115,000 $ 49,000
Lee, Texas 1 $ 185,000 $ 185,000 $ 135,000
Leon, Texas 1 $ 145,000 $ 145,000 $ 48,000
Live Oak, Texas 1 $ 265,000 $ 265,000 $ 270,000
Martin, Texas 1 $ 85,000 $ 85,000 $ 100,000
Mason, Texas 1 $ 105,000 $ 105,000 $ 70,000
McCulloch, Texas 1 $ 105,000 $ 105,000 $ 50,000
Medina, Texas 1 $ 225,000 $ 225,000 $ 62,000
Milam, Texas 1 $ 175,000 $ 175,000 $ 53,000
Newton, Texas 1 $ 155,000 $ 155,000 $ 72,000
Nolan, Texas 1 $ 135,000 $ 135,000 $ 62,000
Panola, Texas 1 $ 155,000 $ 155,000 $ 165,000
Randall, Texas 1 $ 115,000 $ 115,000 $ 32,000
Sabine, Texas 1 $ 75,000 $ 75,000 $ 68,000
San Jacinto, Texas 1 $ 125,000 $ 125,000 $ 127,000
Scurry, Texas 1 $ 155,000 $ 155,000 $ 86,000
Starr, Texas 1 $ 135,000 $ 135,000 $ 142,000
Sterling, Texas 1 $ 125,000 $ 125,000 $ 133,000
Waller, Texas 1 $ 85,000 $ 85,000 $ 150,000
Ward, Texas 1 $ 155,000 $ 155,000 $ 250,000
Wharton, Texas 1 $ 165,000 $ 165,000 $ 72,000
Willacy, Texas 1 $ 85,000 $ 85,000 $ 50,000
Yoakum, Texas 1 $ 75,000 $ 75,000 $ 79,000

Mortgage Loan Application Detail Totals for Great Western Financial Services, Inc. in 2019

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 1,873 $440,415,000 $235,000 $1,765,000 $100,000 $781,000
Cash-out Refinancing 413 $86,475,000 $209,000 $5,255,000 $110,000 $3,000,000
Refinancing 323 $92,375,000 $285,000 $1,195,000 $111,000 $1,001,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 1,295 $311,665,000 $240,000 $5,255,000 $107,000 $3,000,000
Not Provided 680 $169,630,000 $249,000 $1,115,000 $112,000 $611,000
Hispanic 291 $56,135,000 $192,000 $575,000 $75,000 $358,000
Black or African American 219 $51,135,000 $233,000 $765,000 $88,000 $266,000
Asian 117 $29,335,000 $250,000 $765,000 $101,000 $338,000
American Indian or Alaskan Native 5 $1,195,000 $239,000 $295,000 $69,000 $124,000
Native Hawaiian or Other Pacific Islander 2 $170,000 $85,000 $85,000 $59,000 $71,000
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) 1,765 $421,725,000 $238,000 $5,255,000 $113,000 $3,000,000
FHA-insured (Federal Housing Administration) 619 $133,585,000 $215,000 $405,000 $84,000 $288,000
VA-guaranteed (Veterans Administration) 219 $62,815,000 $286,000 $855,000 $74,000 $325,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 6 $1,140,000 $190,000 $255,000 $76,000 $114,000

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 1,732 $410,510,000 $237,000 $1,765,000 $102,000 $781,000
Application Withdrawn By Applicant 670 $163,680,000 $244,000 $5,255,000 $109,000 $3,000,000
Application Denied By Financial Institution 198 $43,510,000 $219,000 $565,000 $89,000 $461,000
Application Approved But Not Accepted 9 $1,565,000 $173,000 $235,000 $74,000 $136,000
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 2,411 $575,755,000 $238,000 $5,255,000 $104,000 $3,000,000
Debt-To-Income Ratio 69 $15,835,000 $229,000 $485,000 $87,000 $461,000
Collateral 46 $9,140,000 $198,000 $455,000 $92,000 $252,000
Credit History 26 $5,860,000 $225,000 $455,000 $100,000 $314,000
Other 17 $3,315,000 $195,000 $485,000 $74,000 $175,000
Insufficient Cash (Downpayment, Closing Cost) 17 $3,785,000 $222,000 $425,000 $99,000 $179,000
Unverifiable Information 14 $3,310,000 $236,000 $565,000 $79,000 $150,000
Employment History 7 $1,945,000 $277,000 $485,000 $78,000 $161,000
Credit Application Incomplete 1 $145,000 $145,000 $145,000 $57,000 $57,000
Mortgage Insurance Denied 1 $175,000 $175,000 $175,000 $96,000 $96,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Great Western Financial Services, Inc.'s 2019 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 Great Western Financial Services, 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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