New Mexico Bank & Trust Mortgage Lending & HMDA Data, 2007
In 2007, New Mexico Bank & Trust of Albuquerque, NM reported 458 mortgage applications totaling $107.4 million, up 2% from 2006. The average application was for $234,430, and applicants reported an average income of $140,401. 85% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Santa Fe, NM (249), Albuquerque, NM (110) and Austin-Round Rock, TX (3) (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 | 458 |
| Total Mortgage Loan Application Amount | $107,369,000 |
| Average Mortgage Loan Application Amount | $234,430 |
| Highest Mortgage Loan Application Amount | $2,000,000 |
| Average Applicant Income | $140,401 |
| Highest Applicant Income | $2,663,000 |
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(HMDA) records New Mexico Bank & Trust filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Santa Fe, NM | 249 | $ 75,135,000 | $ 301,746 | $ 160,000 |
| Albuquerque, NM | 110 | $ 14,522,000 | $ 132,018 | $ 106,000 |
| Austin-Round Rock, TX | 3 | $ 407,000 | $ 135,666 | $ 104,000 |
| Phoenix-Mesa-Scottsdale, AZ | 3 | $ 921,000 | $ 307,000 | $ 200,000 |
| Amarillo, TX | 2 | $ 134,000 | $ 67,000 | $ 42,000 |
| Denver-Aurora, CO | 2 | $ 727,000 | $ 363,500 | $ 292,000 |
| Las Cruces, NM | 2 | $ 157,000 | $ 78,500 | $ 57,000 |
| Tulsa, OK | 2 | $ 207,000 | $ 103,500 | $ 70,000 |
| Boulder, CO | 1 | $ 25,000 | $ 25,000 | $ 65,000 |
| Charlottesville, VA | 1 | $ 206,000 | $ 206,000 | $ 73,000 |
| Colorado Springs, CO | 1 | $ 495,000 | $ 495,000 | $ 150,000 |
| Jacksonville, NC | 1 | $ 1,320,000 | $ 1,320,000 | $ 300,000 |
| Las Vegas-Paradise, NV | 1 | $ 213,000 | $ 213,000 | $ 78,000 |
| New York-White Plains-Wayne, NY-NJ | 1 | $ 220,000 | $ 220,000 | $ 80,000 |
| Oakland-Fremont-Hayward, CA | 1 | $ 671,000 | $ 671,000 | $ 457,000 |
| Portland-Vancouver-Beaverton, OR-WA | 1 | $ 253,000 | $ 253,000 | $ 271,000 |
| San Diego-Carlsbad-San Marcos, CA | 1 | $ 1,132,000 | $ 1,132,000 | $ 756,000 |
| Tampa-St. Petersburg-Clearwater, FL | 1 | $ 127,000 | $ 127,000 | $ 52,000 |
| West Palm Beach-Boca Raton-Boynton Beach, FL | 1 | $ 200,000 | $ 200,000 | $ 66,000 |
Mortgage Loan Application Detail Totals for New Mexico Bank & Trust in 2007
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 | 254 | $59,401,000 | $233,000 | $2,000,000 | $154,000 | $2,663,000 |
| Refinancing | 162 | $44,601,000 | $275,000 | $1,400,000 | $135,000 | $1,418,000 |
| Home Improvement | 42 | $3,367,000 | $80,000 | $1,017,000 | $79,000 | $328,000 |
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 | 312 | $80,285,000 | $257,000 | $1,400,000 | $148,000 | $1,570,000 |
| Hispanic | 91 | $14,393,000 | $158,000 | $1,380,000 | $95,000 | $884,000 |
| Not Provided | 34 | $8,268,000 | $243,000 | $2,000,000 | $209,000 | $2,663,000 |
| Not applicable | 10 | $2,883,000 | $288,000 | $1,017,000 | $141,000 | $1,418,000 |
| Black or African American | 6 | $801,000 | $133,000 | $292,000 | $68,000 | $126,000 |
| Asian | 3 | $598,000 | $199,000 | $320,000 | $98,000 | $195,000 |
| American Indian or Alaskan Native | 2 | $141,000 | $70,000 | $88,000 | $70,000 | $92,000 |
| 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) | 457 | $107,258,000 | $234,000 | $2,000,000 | $141,000 | $2,663,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 1 | $111,000 | $111,000 | $111,000 | $45,000 | $45,000 |
| VA-guaranteed (Veterans Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FHA-insured (Federal Housing 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 |
|---|---|---|---|---|---|---|
| Loan Originated | 390 | $96,082,000 | $246,000 | $2,000,000 | $149,000 | $2,663,000 |
| Application Denied By Financial Institution | 32 | $1,359,000 | $42,000 | $169,000 | $52,000 | $198,000 |
| Application Approved But Not Accepted | 25 | $7,041,000 | $281,000 | $1,380,000 | $134,000 | $345,000 |
| Application Withdrawn By Applicant | 11 | $2,887,000 | $262,000 | $731,000 | $118,000 | $360,000 |
| 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 |
|---|---|---|---|---|---|---|
| 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 2007 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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About