Key Financial Group, Inc Mortgage Lending & HMDA Data, 2006

In 2006, Key Financial Group, Inc of Albuquerque, NM reported 13 mortgage applications totaling $2.0 million, down 57% from 2005. The average application was for $152,000, and applicants reported an average income of $58,461. 0% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Albuquerque, NM (5) and Phoenix-Mesa-Scottsdale, AZ (1).

Mortgage Company & Address Key Financial Group, Inc
8421 Osuna Ne
Albuquerque, NM 87111
Tel #: available with data download
Federal Regulator * available with data download
Years 2009  2008  2007  2006  2005  2004  
Total Number of Mortgage Applications 13
Total Mortgage Loan Application Amount $1,976,000
Average Mortgage Loan Application Amount $152,000
Highest Mortgage Loan Application Amount $210,000
Average Applicant Income $58,461
Highest Applicant Income $102,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Key Financial Group, Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Key Financial Group, Inc by County in 2006

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Bernalillo, New Mexico 9 $ 1,348,000 $ 149,777 $ 60,000
Sandoval, New Mexico 3 $ 418,000 $ 139,333 $ 42,000
Maricopa, Arizona 1 $ 210,000 $ 210,000 $ 102,000

Mortgage Loan Application Detail Totals for Key Financial Group, Inc in 2006

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 11 $1,671,000 $151,000 $210,000 $62,000 $102,000
Refinancing 2 $305,000 $152,000 $173,000 $39,000 $43,000
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
White 7 $1,087,000 $155,000 $210,000 $74,000 $102,000
Hispanic 5 $716,000 $143,000 $167,000 $43,000 $63,000
American Indian or Alaskan Native 1 $173,000 $173,000 $173,000 $35,000 $35,000
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) 13 $1,976,000 $152,000 $210,000 $59,000 $102,000
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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 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
File Closed For Incompleteness 9 $1,424,000 $158,000 $210,000 $63,000 $102,000
Application Withdrawn By Applicant 4 $552,000 $138,000 $166,000 $50,000 $89,000
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
Loan Originated 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
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 Key Financial Group, Inc's 2006 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 Key Financial Group, 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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