New Mexico Bank & Trust Mortgage Lending & HMDA Data, 2011
In 2011, New Mexico Bank & Trust of Albuquerque, NM reported 675 mortgage applications totaling $163.6 million, down 38% from 2010. The average application was for $242,417, and applicants reported an average income of $121,798. 66% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Santa Fe, NM (410), Albuquerque, NM (194) and Phoenix-Mesa-Glendale, AZ (2) (applications in parentheses).
| Mortgage Company & Address | New Mexico Bank & Trust 320 Gold Sw Ste 100 Albuquerque, NM 87102 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 | 675 |
| Total Mortgage Loan Application Amount | $163,632,000 |
| Average Mortgage Loan Application Amount | $242,417 |
| Highest Mortgage Loan Application Amount | $1,654,000 |
| Average Applicant Income | $121,798 |
| Highest Applicant Income | $1,054,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records New Mexico Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Santa Fe, New Mexico | 410 | $ 108,668,000 | $ 265,043 | $ 126,000 |
| Bernalillo, New Mexico | 140 | $ 32,576,000 | $ 232,685 | $ 123,000 |
| Sandoval, New Mexico | 41 | $ 7,384,000 | $ 180,097 | $ 109,000 |
| Curry, New Mexico | 21 | $ 1,814,000 | $ 86,380 | $ 70,000 |
| Rio Arriba, New Mexico | 14 | $ 2,505,000 | $ 178,928 | $ 93,000 |
| Valencia, New Mexico | 13 | $ 1,692,000 | $ 130,153 | $ 67,000 |
| Roosevelt, New Mexico | 8 | $ 1,603,000 | $ 200,375 | $ 68,000 |
| San Miguel, New Mexico | 5 | $ 930,000 | $ 186,000 | $ 182,000 |
| Maricopa, Arizona | 2 | $ 456,000 | $ 228,000 | $ 167,000 |
| Lincoln, New Mexico | 2 | $ 1,625,000 | $ 812,500 | $ 558,000 |
| Quay, New Mexico | 2 | $ 455,000 | $ 227,500 | $ 0 |
| Coconino, Arizona | 1 | $ 365,000 | $ 365,000 | $ 191,000 |
| Douglas, Colorado | 1 | $ 1,000 | $ 1,000 | $ 90,000 |
| El Paso, Colorado | 1 | $ 247,000 | $ 247,000 | $ 45,000 |
| District of Columbia, District Of Columbia | 1 | $ 688,000 | $ 688,000 | $ 163,000 |
| Hillsborough, Florida | 1 | $ 8,000 | $ 8,000 | $ 30,000 |
| Clark, Nevada | 1 | $ 248,000 | $ 248,000 | $ 67,000 |
| Chaves, New Mexico | 1 | $ 25,000 | $ 25,000 | $ 19,000 |
| Cibola, New Mexico | 1 | $ 29,000 | $ 29,000 | $ 48,000 |
| De Baca, New Mexico | 1 | $ 15,000 | $ 15,000 | $ 68,000 |
| Dona Ana, New Mexico | 1 | $ 161,000 | $ 161,000 | $ 144,000 |
| Lea, New Mexico | 1 | $ 700,000 | $ 700,000 | $ 418,000 |
| Los Alamos, New Mexico | 1 | $ 369,000 | $ 369,000 | $ 149,000 |
| Otero, New Mexico | 1 | $ 102,000 | $ 102,000 | $ 85,000 |
| Davidson, Tennessee | 1 | $ 216,000 | $ 216,000 | $ 163,000 |
| El Paso, Texas | 1 | $ 135,000 | $ 135,000 | $ 298,000 |
| Harris, Texas | 1 | $ 415,000 | $ 415,000 | $ 215,000 |
Mortgage Loan Application Detail Totals for New Mexico Bank & Trust in 2011
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 | 331 | $76,903,000 | $232,000 | $1,470,000 | $122,000 | $1,029,000 |
| Refinancing | 320 | $86,182,000 | $269,000 | $1,654,000 | $126,000 | $1,054,000 |
| Home Improvement | 24 | $547,000 | $22,000 | $208,000 | $63,000 | $118,000 |
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 | 456 | $113,611,000 | $249,000 | $1,654,000 | $124,000 | $1,054,000 |
| Not Provided | 113 | $24,959,000 | $220,000 | $720,000 | $123,000 | $1,029,000 |
| Hispanic | 83 | $19,488,000 | $234,000 | $1,600,000 | $117,000 | $927,000 |
| Asian | 8 | $1,643,000 | $205,000 | $416,000 | $113,000 | $171,000 |
| Not applicable | 8 | $2,404,000 | $300,000 | $700,000 | $0 | $0 |
| American Indian or Alaskan Native | 4 | $765,000 | $191,000 | $417,000 | $157,000 | $385,000 |
| Black or African American | 3 | $762,000 | $254,000 | $417,000 | $109,000 | $168,000 |
| Native Hawaiian or Other Pacific Islander | 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) | 654 | $157,522,000 | $240,000 | $1,654,000 | $123,000 | $1,054,000 |
| VA-guaranteed (Veterans Administration) | 11 | $3,185,000 | $289,000 | $688,000 | $81,000 | $163,000 |
| FHA-insured (Federal Housing Administration) | 8 | $1,845,000 | $230,000 | $368,000 | $90,000 | $184,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 2 | $1,080,000 | $540,000 | $740,000 | $49,000 | $53,000 |
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 | 443 | $106,464,000 | $240,000 | $1,654,000 | $128,000 | $1,029,000 |
| Application Withdrawn By Applicant | 97 | $27,719,000 | $285,000 | $1,600,000 | $129,000 | $1,054,000 |
| Application Denied By Financial Institution | 67 | $12,752,000 | $190,000 | $950,000 | $74,000 | $420,000 |
| Application Approved But Not Accepted | 64 | $15,929,000 | $248,000 | $875,000 | $119,000 | $543,000 |
| File Closed For Incompleteness | 3 | $568,000 | $189,000 | $209,000 | $68,000 | $146,000 |
| Preapproval Denied by Financial Institution | 1 | $200,000 | $200,000 | $200,000 | $14,000 | $14,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 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 New Mexico Bank & Trust's 2011 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 New Mexico Bank & Trust'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.
For a list of all lenders in New Mexico, download the full spreadsheet
with aggregated HMDA statistics today.
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