New Mexico Bank & Trust Mortgage Lending & HMDA Data, 2013
In 2013, New Mexico Bank & Trust of Albuquerque, NM reported 341 mortgage applications totaling $69.3 million, down 7% from 2012. The average application was for $203,299, and applicants reported an average income of $111,648. 26% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Albuquerque, NM (170), Santa Fe, NM (123) and Las Cruces, NM (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 | 341 |
| Total Mortgage Loan Application Amount | $69,325,000 |
| Average Mortgage Loan Application Amount | $203,299 |
| Highest Mortgage Loan Application Amount | $2,800,000 |
| Average Applicant Income | $111,648 |
| Highest Applicant Income | $1,453,000 |
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(HMDA) records New Mexico Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 | 123 | $ 34,381,000 | $ 279,520 | $ 143,000 |
| Bernalillo, New Mexico | 113 | $ 19,115,000 | $ 169,159 | $ 116,000 |
| Sandoval, New Mexico | 35 | $ 4,029,000 | $ 115,114 | $ 77,000 |
| Curry, New Mexico | 25 | $ 3,661,000 | $ 146,440 | $ 65,000 |
| Valencia, New Mexico | 18 | $ 2,357,000 | $ 130,944 | $ 79,000 |
| Socorro, New Mexico | 4 | $ 312,000 | $ 78,000 | $ 37,000 |
| Torrance, New Mexico | 4 | $ 167,000 | $ 41,750 | $ 35,000 |
| Eddy, New Mexico | 3 | $ 489,000 | $ 163,000 | $ 116,000 |
| Dona Ana, New Mexico | 2 | $ 2,850,000 | $ 1,425,000 | $ 0 |
| Los Alamos, New Mexico | 2 | $ 354,000 | $ 177,000 | $ 55,000 |
| Mora, New Mexico | 2 | $ 40,000 | $ 20,000 | $ 26,000 |
| Maricopa, Arizona | 1 | $ 136,000 | $ 136,000 | $ 63,000 |
| Gunnison, Colorado | 1 | $ 400,000 | $ 400,000 | $ 139,000 |
| Essex, Massachusetts | 1 | $ 133,000 | $ 133,000 | $ 40,000 |
| Guadalupe, New Mexico | 1 | $ 25,000 | $ 25,000 | $ 48,000 |
| McKinley, New Mexico | 1 | $ 5,000 | $ 5,000 | $ 27,000 |
| Rio Arriba, New Mexico | 1 | $ 67,000 | $ 67,000 | $ 30,000 |
| San Juan, New Mexico | 1 | $ 74,000 | $ 74,000 | $ 66,000 |
| San Miguel, New Mexico | 1 | $ 234,000 | $ 234,000 | $ 148,000 |
| Potter, Texas | 1 | $ 222,000 | $ 222,000 | $ 85,000 |
| Travis, Texas | 1 | $ 274,000 | $ 274,000 | $ 178,000 |
Mortgage Loan Application Detail Totals for New Mexico Bank & Trust in 2013
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 |
|---|---|---|---|---|---|---|
| Refinancing | 160 | $39,291,000 | $245,000 | $2,800,000 | $101,000 | $917,000 |
| Home Purchase | 128 | $28,850,000 | $225,000 | $735,000 | $148,000 | $1,453,000 |
| Home Improvement | 53 | $1,184,000 | $22,000 | $300,000 | $56,000 | $149,000 |
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 | 196 | $41,500,000 | $211,000 | $1,300,000 | $123,000 | $867,000 |
| Hispanic | 70 | $9,629,000 | $137,000 | $800,000 | $103,000 | $1,453,000 |
| Not Provided | 47 | $9,557,000 | $203,000 | $565,000 | $109,000 | $610,000 |
| Not applicable | 14 | $6,182,000 | $441,000 | $2,800,000 | $0 | $0 |
| Asian | 6 | $1,019,000 | $169,000 | $394,000 | $120,000 | $220,000 |
| Black or African American | 3 | $321,000 | $107,000 | $180,000 | $64,000 | $144,000 |
| American Indian or Alaskan Native | 3 | $370,000 | $123,000 | $368,000 | $44,000 | $100,000 |
| Native Hawaiian or Other Pacific Islander | 2 | $747,000 | $373,000 | $630,000 | $235,000 | $386,000 |
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) | 301 | $61,913,000 | $205,000 | $2,800,000 | $117,000 | $1,453,000 |
| FHA-insured (Federal Housing Administration) | 27 | $3,923,000 | $145,000 | $252,000 | $55,000 | $230,000 |
| VA-guaranteed (Veterans Administration) | 13 | $3,489,000 | $268,000 | $517,000 | $101,000 | $329,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 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 Withdrawn By Applicant | 191 | $40,577,000 | $212,000 | $580,000 | $114,000 | $1,453,000 |
| Loan Originated | 89 | $22,064,000 | $247,000 | $2,800,000 | $145,000 | $917,000 |
| Application Denied By Financial Institution | 33 | $925,000 | $28,000 | $400,000 | $47,000 | $161,000 |
| File Closed For Incompleteness | 12 | $2,507,000 | $208,000 | $417,000 | $65,000 | $180,000 |
| Application Approved But Not Accepted | 11 | $2,091,000 | $190,000 | $814,000 | $93,000 | $290,000 |
| Loan Purchased By The Institution | 5 | $1,161,000 | $232,000 | $375,000 | $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 New Mexico Bank & Trust's 2013 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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