New South Federal Savings Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2007
New South Federal Savings Bank 2007 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | New South Federal Savings Bank 1900 Crestwood Boulevard Birmingham, AL 35210 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 15,254 |
| Total Mortgage Loan Application Amount | $1,993,787,000 |
| Average Mortgage Loan Application Amount | $125,666 |
| Highest Mortgage Loan Application Amount | $17,693,000 |
| Average Applicant Income | $59,666 |
| Highest Applicant Income | $9,534,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2007 with New South Federal Savings Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing New South Federal Savings Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2007 breaks down New South Federal Savings Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how New South Federal Savings Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by New South Federal Savings Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at New South Federal Savings Bank's mortgage activity for 2007.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| BIRMINGHAM-HOOVER, AL | 1,681 | $ 216,559,000 | $ 128,000 | $ 60,000 |
| MONTGOMERY, AL | 674 | $ 82,503,000 | $ 122,000 | $ 58,000 |
| MOBILE, AL | 528 | $ 51,084,000 | $ 96,000 | $ 47,000 |
| NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN | 515 | $ 84,407,000 | $ 163,000 | $ 77,000 |
| HUNTSVILLE, AL | 461 | $ 58,714,000 | $ 127,000 | $ 61,000 |
| ATLANTA-SANDY SPRINGS-MARIETTA, GA | 418 | $ 69,252,000 | $ 165,000 | $ 71,000 |
| HOUSTON-SUGAR LAND-BAYTOWN, TX | 389 | $ 77,609,000 | $ 199,000 | $ 125,000 |
| CHATTANOOGA, TN-GA | 346 | $ 46,360,000 | $ 130,000 | $ 48,500 |
| ALEXANDRIA, LA | 326 | $ 32,990,000 | $ 101,000 | $ 56,000 |
| KNOXVILLE, TN | 241 | $ 31,366,000 | $ 130,000 | $ 58,000 |
| MEMPHIS, TN-MS-AR | 223 | $ 29,844,000 | $ 115,000 | $ 58,666 |
| TUSCALOOSA, AL | 220 | $ 26,099,000 | $ 118,000 | $ 60,000 |
| FORT SMITH, AR-OK | 218 | $ 23,023,000 | $ 96,500 | $ 54,500 |
| NEW ORLEANS-METAIRIE-KENNER, LA | 197 | $ 29,389,000 | $ 149,000 | $ 68,000 |
| JACKSON, MS | 187 | $ 21,207,000 | $ 113,000 | $ 58,000 |
| DECATUR, AL | 173 | $ 17,132,000 | $ 99,000 | $ 52,000 |
| COLUMBUS, GA-AL | 172 | $ 21,338,000 | $ 121,500 | $ 50,000 |
| FAYETTEVILLE, NC | 167 | $ 25,548,000 | $ 152,000 | $ 59,000 |
| FLORENCE-MUSCLE SHOALS, AL | 139 | $ 12,450,000 | $ 89,000 | $ 48,000 |
| BATON ROUGE, LA | 135 | $ 17,776,000 | $ 131,000 | $ 61,000 |
| LITTLE ROCK-NORTH LITTLE ROCK-CONWAY, AR | 128 | $ 13,255,000 | $ 103,000 | $ 55,000 |
| ANNISTON-OXFORD, AL | 121 | $ 10,699,000 | $ 88,000 | $ 50,000 |
| LOUISVILLE-JEFFERSON COUNTY, KY-IN | 115 | $ 14,433,000 | $ 138,000 | $ 63,000 |
| GREENSBORO-HIGH POINT, NC | 104 | $ 13,872,000 | $ 133,000 | $ 63,000 |
| HATTIESBURG, MS | 99 | $ 11,737,000 | $ 118,000 | $ 58,000 |
| FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO | 96 | $ 11,955,000 | $ 103,000 | $ 53,000 |
| LAS VEGAS-PARADISE, NV | 91 | $ 15,859,000 | $ 174,000 | $ 63,000 |
| LEXINGTON-FAYETTE, KY | 83 | $ 11,429,000 | $ 137,000 | $ 66,000 |
| VIRGINIA BEACH-NORFOLK-NEWPORT NEWS, VA-NC | 80 | $ 15,011,000 | $ 207,500 | $ 84,000 |
| ST. LOUIS, MO-IL | 77 | $ 8,552,000 | $ 111,000 | $ 50,000 |
| KILLEEN-TEMPLE-FORT HOOD, TX | 73 | $ 9,590,000 | $ 131,000 | $ 61,000 |
| PHOENIX-MESA-SCOTTSDALE, AZ | 68 | $ 14,454,000 | $ 212,000 | $ 76,000 |
| SHREVEPORT-BOSSIER CITY, LA | 66 | $ 6,870,000 | $ 104,000 | $ 53,000 |
| AUBURN-OPELIKA, AL | 63 | $ 8,120,000 | $ 128,000 | $ 59,000 |
| SAVANNAH, GA | 59 | $ 9,558,000 | $ 162,000 | $ 61,000 |
| PENSACOLA-FERRY PASS-BRENT, FL | 58 | $ 7,142,000 | $ 123,000 | $ 55,000 |
| GULFPORT-BILOXI, MS | 54 | $ 7,602,000 | $ 140,000 | $ 60,000 |
| CHICAGO-NAPERVILLE-JOLIET, IL | 49 | $ 25,429,000 | $ 518,000 | $ 124,000 |
| LAKE CHARLES, LA | 47 | $ 4,499,000 | $ 95,000 | $ 51,000 |
| OKLAHOMA CITY, OK | 47 | $ 7,003,000 | $ 149,000 | $ 83,000 |
| TAMPA-ST. PETERSBURG-CLEARWATER, FL | 46 | $ 8,594,000 | $ 186,000 | $ 92,000 |
| MORRISTOWN, TN | 44 | $ 5,289,000 | $ 120,000 | $ 58,000 |
| PASCAGOULA, MS | 44 | $ 4,944,000 | $ 112,000 | $ 59,000 |
| HOT SPRINGS, AR | 43 | $ 6,020,000 | $ 140,000 | $ 66,000 |
| GAINESVILLE, FL | 42 | $ 8,281,000 | $ 197,000 | $ 80,000 |
| JONESBORO, AR | 42 | $ 3,156,000 | $ 75,000 | $ 47,000 |
| ROME, GA | 39 | $ 6,026,000 | $ 154,000 | $ 48,000 |
| HINESVILLE-FORT STEWART, GA | 38 | $ 5,160,000 | $ 135,000 | $ 57,000 |
| RICHMOND, VA | 38 | $ 24,646,000 | $ 648,000 | $ 86,000 |
| JACKSON, TN | 35 | $ 3,609,000 | $ 103,000 | $ 45,000 |
| CLARKSVILLE, TN-KY | 34 | $ 4,183,000 | $ 123,000 | $ 48,000 |
| PANAMA CITY-LYNN HAVEN, FL | 34 | $ 6,580,000 | $ 193,000 | $ 85,000 |
| INDIANAPOLIS-CARMEL, IN | 32 | $ 4,217,000 | $ 131,000 | $ 67,000 |
| COLUMBIA, SC | 31 | $ 4,051,000 | $ 130,000 | $ 67,000 |
| KINGSPORT-BRISTOL-BRISTOL, TN-VA | 31 | $ 3,434,000 | $ 122,000 | $ 41,000 |
| CLEVELAND, TN | 30 | $ 4,876,000 | $ 162,000 | $ 79,000 |
| DALTON, GA | 30 | $ 3,922,000 | $ 130,000 | $ 67,000 |
| JOHNSON CITY, TN | 29 | $ 3,929,000 | $ 135,000 | $ 53,000 |
| MONROE, LA | 28 | $ 2,261,000 | $ 80,000 | $ 49,000 |
| GREENVILLE-MAULDIN-EASLEY, SC | 25 | $ 11,300,000 | $ 452,000 | $ 53,000 |
| JACKSONVILLE, FL | 25 | $ 4,653,000 | $ 186,000 | $ 72,000 |
| JOPLIN, MO | 24 | $ 1,539,000 | $ 64,000 | $ 30,000 |
| LAFAYETTE, LA | 24 | $ 3,457,000 | $ 144,000 | $ 81,000 |
| DOTHAN, AL | 23 | $ 2,478,000 | $ 107,000 | $ 52,000 |
| FORT WALTON BEACH-CRESTVIEW-DESTIN, FL | 21 | $ 3,998,000 | $ 190,000 | $ 82,000 |
| GADSDEN, AL | 20 | $ 1,935,000 | $ 96,000 | $ 55,000 |
| HOUMA-BAYOU CANE-THIBODAUX, LA | 19 | $ 2,431,000 | $ 127,000 | $ 74,000 |
| AUSTIN-ROUND ROCK, TX | 18 | $ 5,417,000 | $ 300,000 | $ 158,000 |
| ORLANDO-KISSIMMEE, FL | 18 | $ 4,488,000 | $ 249,000 | $ 121,000 |
| CHARLOTTE-GASTONIA-CONCORD, NC-SC | 16 | $ 2,385,000 | $ 144,500 | $ 62,500 |
| FORT LAUDERDALE-POMPANO BEACH-DEERFIELD BEACH, FL | 16 | $ 3,184,000 | $ 199,000 | $ 74,000 |
| GARY, IN | 16 | $ 1,525,000 | $ 95,000 | $ 57,000 |
| PINE BLUFF, AR | 16 | $ 1,341,000 | $ 83,000 | $ 47,000 |
| ELIZABETHTOWN, KY | 15 | $ 1,941,000 | $ 129,000 | $ 82,000 |
| KANSAS CITY, MO-KS | 15 | $ 1,822,000 | $ 176,500 | $ 64,000 |
| LAKELAND, FL | 15 | $ 3,055,000 | $ 203,000 | $ 71,000 |
| WINSTON-SALEM, NC | 15 | $ 2,243,000 | $ 149,000 | $ 62,000 |
| DALLAS-PLANO-IRVING, TX | 14 | $ 7,677,000 | $ 548,000 | $ 100,000 |
| YUMA, AZ | 14 | $ 2,277,000 | $ 162,000 | $ 49,000 |
| AUGUSTA-RICHMOND COUNTY, GA-SC | 12 | $ 1,456,000 | $ 125,000 | $ 62,000 |
| CINCINNATI-MIDDLETOWN, OH-KY-IN | 12 | $ 1,464,000 | $ 90,000 | $ 81,000 |
| WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV | 12 | $ 3,373,000 | $ 269,000 | $ 85,000 |
| MCALLEN-EDINBURG-MISSION, TX | 11 | $ 1,534,000 | $ 139,000 | $ 126,000 |
| RALEIGH-CARY, NC | 11 | $ 2,414,000 | $ 219,000 | $ 119,000 |
| CAPE CORAL-FORT MYERS, FL | 10 | $ 2,427,000 | $ 242,000 | $ 120,000 |
| CHARLESTON-NORTH CHARLESTON, SC | 10 | $ 1,557,000 | $ 155,000 | $ 62,000 |
| GAINESVILLE, GA | 10 | $ 1,585,000 | $ 158,000 | $ 67,000 |
| SAN ANTONIO, TX | 10 | $ 2,252,000 | $ 225,000 | $ 113,000 |
| BOWLING GREEN, KY | 9 | $ 868,000 | $ 96,000 | $ 58,000 |
| DURHAM, NC | 9 | $ 1,402,000 | $ 155,000 | $ 51,000 |
| FLORENCE, SC | 9 | $ 1,265,000 | $ 140,000 | $ 54,000 |
| OCALA, FL | 9 | $ 1,323,000 | $ 147,000 | $ 86,000 |
| EVANSVILLE, IN-KY | 8 | $ 1,050,000 | $ 131,000 | $ 72,000 |
| FORT WORTH-ARLINGTON, TX | 8 | $ 1,401,000 | $ 175,000 | $ 111,000 |
| MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC | 8 | $ 1,795,000 | $ 224,000 | $ 119,000 |
| SPARTANBURG, SC | 8 | $ 938,000 | $ 117,000 | $ 149,000 |
| TALLAHASSEE, FL | 8 | $ 1,015,000 | $ 126,000 | $ 81,000 |
| BALTIMORE-TOWSON, MD | 7 | $ 1,913,000 | $ 273,000 | $ 109,000 |
| LAKE COUNTY-KENOSHA COUNTY, IL-WI | 7 | $ 1,379,000 | $ 185,000 | $ 85,500 |
| MIAMI-MIAMI BEACH-KENDALL, FL | 7 | $ 2,887,000 | $ 412,000 | $ 130,000 |
| ASHEVILLE, NC | 6 | $ 1,140,000 | $ 190,000 | $ 95,000 |
| BURLINGTON, NC | 6 | $ 814,000 | $ 135,000 | $ 57,000 |
| MACON, GA | 6 | $ 828,000 | $ 138,000 | $ 46,000 |
| SPRINGFIELD, MO | 6 | $ 691,000 | $ 115,000 | $ 53,000 |
| SUMTER, SC | 6 | $ 523,000 | $ 87,000 | $ 47,000 |
| TEXARKANA, TX-TEXARKANA, AR | 6 | $ 624,000 | $ 134,000 | $ 69,000 |
| WILMINGTON, NC | 6 | $ 1,335,000 | $ 222,000 | $ 98,000 |
| GOLDSBORO, NC | 5 | $ 677,000 | $ 135,000 | $ 46,000 |
| JACKSONVILLE, NC | 5 | $ 527,000 | $ 105,000 | $ 69,000 |
| PORT ST. LUCIE, FL | 5 | $ 834,000 | $ 166,000 | $ 57,000 |
| TERRE HAUTE, IN | 5 | $ 478,000 | $ 95,000 | $ 48,000 |
| TULSA, OK | 5 | $ 620,000 | $ 124,000 | $ 57,000 |
| WACO, TX | 5 | $ 466,000 | $ 93,000 | $ 44,000 |
| ANDERSON, SC | 4 | $ 653,000 | $ 163,000 | $ 81,000 |
| DELTONA-DAYTONA BEACH-ORMOND BEACH, FL | 4 | $ 781,000 | $ 195,000 | $ 59,000 |
| GREENVILLE, NC | 4 | $ 542,000 | $ 135,000 | $ 63,000 |
| PALM BAY-MELBOURNE-TITUSVILLE, FL | 4 | $ 630,000 | $ 157,000 | $ 70,000 |
| SARASOTA-BRADENTON-VENICE, FL | 4 | $ 795,000 | $ 198,000 | $ 62,000 |
| WARNER ROBINS, GA | 4 | $ 482,000 | $ 120,000 | $ 52,000 |
| WEST PALM BEACH-BOCA RATON-BOYNTON BEACH, FL | 4 | $ 1,846,000 | $ 461,000 | $ 189,000 |
| ALBANY, GA | 3 | $ 388,000 | $ 129,000 | $ 44,000 |
| ATHENS-CLARKE COUNTY, GA | 3 | $ 326,000 | $ 108,000 | $ 51,000 |
| BROWNSVILLE-HARLINGEN, TX | 3 | $ 432,000 | $ 144,000 | $ 61,000 |
| CHARLOTTESVILLE, VA | 3 | $ 844,000 | $ 281,000 | $ 84,000 |
| ELKHART-GOSHEN, IN | 3 | $ 319,000 | $ 106,000 | $ 73,000 |
| FORT WAYNE, IN | 3 | $ 457,000 | $ 152,000 | $ 52,000 |
| HUNTINGTON-ASHLAND, WV-KY-OH | 3 | $ 256,000 | $ 85,000 | $ 50,000 |
| JANESVILLE, WI | 3 | $ 677,000 | $ 225,000 | $ 70,000 |
| LAFAYETTE, IN | 3 | $ 260,000 | $ 86,000 | $ 109,000 |
| NAPLES-MARCO ISLAND, FL | 3 | $ 1,135,000 | $ 378,000 | $ 129,000 |
| PUNTA GORDA, FL | 3 | $ 707,000 | $ 235,000 | $ 128,000 |
| ROCKFORD, IL | 3 | $ 672,000 | $ 224,000 | $ 85,000 |
| ANDERSON, IN | 2 | $ 176,000 | $ 88,000 | $ 67,000 |
| BLOOMINGTON, IN | 2 | $ 268,000 | $ 134,000 | $ 29,000 |
| CHAMPAIGN-URBANA, IL | 2 | $ 181,000 | $ 90,000 | $ 196,000 |
| COLORADO SPRINGS, CO | 2 | $ 477,000 | $ 238,000 | $ 79,000 |
| CORPUS CHRISTI, TX | 2 | $ 148,000 | $ 74,000 | $ 87,000 |
| HARRISONBURG, VA | 2 | $ 544,000 | $ 272,000 | $ 58,000 |
| HICKORY-LENOIR-MORGANTON, NC | 2 | $ 327,000 | $ 163,000 | $ 76,000 |
| JEFFERSON CITY, MO | 2 | $ 211,000 | $ 105,000 | $ 62,000 |
| KANKAKEE-BRADLEY, IL | 2 | $ 467,000 | $ 233,000 | $ 87,000 |
| MICHIGAN CITY-LA PORTE, IN | 2 | $ 310,000 | $ 155,000 | $ 47,000 |
| NEW YORK-WHITE PLAINS-WAYNE, NY-NJ | 2 | $ 460,000 | $ 230,000 | $ 122,000 |
| PALM COAST, FL | 2 | $ 309,000 | $ 154,000 | $ 55,000 |
| PHILADELPHIA, PA | 2 | $ 450,000 | $ 225,000 | $ 76,000 |
| ROCKY MOUNT, NC | 2 | $ 133,000 | $ 66,000 | $ 24,000 |
| ABILENE, TX | 1 | $ 80,000 | $ 80,000 | $ 198,000 |
| AMARILLO, TX | 1 | $ 143,000 | $ 143,000 | $ 78,000 |
| APPLETON, WI | 1 | $ 134,000 | $ 134,000 | $ 0 |
| BEAUMONT-PORT ARTHUR, TX | 1 | $ 124,000 | $ 124,000 | $ 94,000 |
| COLUMBIA, MO | 1 | $ 189,000 | $ 189,000 | $ 72,000 |
| DENVER-AURORA, CO | 1 | $ 310,000 | $ 310,000 | $ 73,000 |
| HAGERSTOWN-MARTINSBURG, MD-WV | 1 | $ 137,000 | $ 137,000 | $ 57,000 |
| LONGVIEW, TX | 1 | $ 85,000 | $ 85,000 | $ 71,000 |
| LUBBOCK, TX | 1 | $ 85,000 | $ 85,000 | $ 75,000 |
| LYNCHBURG, VA | 1 | $ 114,000 | $ 114,000 | $ 26,000 |
| MUNCIE, IN | 1 | $ 50,000 | $ 50,000 | $ 40,000 |
| OWENSBORO, KY | 1 | $ 68,000 | $ 68,000 | $ 40,000 |
| RACINE, WI | 1 | $ 118,000 | $ 118,000 | $ 270,000 |
| ROANOKE, VA | 1 | $ 85,000 | $ 85,000 | $ 44,000 |
| SOUTH BEND-MISHAWAKA, IN-MI | 1 | $ 236,000 | $ 236,000 | $ 128,000 |
| TOPEKA, KS | 1 | $ 8,300,000 | $ 8,300,000 | $ 0 |
| TUCSON, AZ | 1 | $ 120,000 | $ 120,000 | $ 95,000 |
| VALDOSTA, GA | 1 | $ 275,000 | $ 275,000 | $ 90,000 |
| WARREN-TROY-FARMINGTON HILLS, MI | 1 | $ 140,000 | $ 140,000 | $ 46,000 |
Mortgage Loan Application Detail Totals for New South Federal Savings Bank 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 | 8,204 | $1,121,660,000 | $136,000 | $17,693,000 | $60,000 | $1,503,000 |
| Refinancing | 6,703 | $831,206,000 | $124,000 | $3,190,000 | $60,000 | $9,534,000 |
| Home Improvement | 347 | $40,921,000 | $117,000 | $750,000 | $59,000 | $288,000 |
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 | 9,791 | $1,316,816,000 | $134,000 | $3,190,000 | $65,000 | $9,534,000 |
| Black or African American | 4,454 | $479,688,000 | $107,000 | $1,600,000 | $49,000 | $1,503,000 |
| Hispanic | 440 | $64,556,000 | $146,000 | $646,000 | $65,000 | $727,000 |
| Not Provided | 355 | $43,686,000 | $123,000 | $975,000 | $52,000 | $420,000 |
| Asian | 148 | $24,945,000 | $168,000 | $451,000 | $82,000 | $300,000 |
| American Indian or Alaskan Native | 43 | $5,122,000 | $119,000 | $318,000 | $50,000 | $160,000 |
| Native Hawaiian or Other Pacific Islander | 17 | $2,321,000 | $136,000 | $270,000 | $121,000 | $680,000 |
| Not applicable | 6 | $56,653,000 | $9,442,000 | $17,693,000 | $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) | 11,876 | $1,591,860,000 | $134,000 | $17,693,000 | $64,000 | $9,534,000 |
| FHA-insured (Federal Housing Administration) | 2,693 | $295,415,000 | $109,000 | $295,000 | $44,000 | $627,000 |
| VA-guaranteed (Veterans Administration) | 653 | $102,785,000 | $157,000 | $426,000 | $59,000 | $288,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 32 | $3,727,000 | $116,000 | $192,000 | $38,000 | $72,000 |
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 | 5,721 | $774,394,000 | $135,000 | $14,000,000 | $63,000 | $9,534,000 |
| Application Denied By Financial Institution | 3,359 | $440,711,000 | $131,000 | $1,600,000 | $59,000 | $1,092,000 |
| File Closed For Incompleteness | 2,434 | $295,269,000 | $121,000 | $1,200,000 | $62,000 | $2,400,000 |
| Preapproval Denied by Financial Institution | 1,673 | $174,222,000 | $104,000 | $665,000 | $42,000 | $1,503,000 |
| Loan Purchased By The Institution | 853 | $110,692,000 | $129,000 | $750,000 | $74,000 | $547,000 |
| Preapproval Approved but not Accepted | 562 | $79,157,000 | $140,000 | $600,000 | $55,000 | $678,000 |
| Application Approved But Not Accepted | 471 | $71,466,000 | $151,000 | $1,040,000 | $70,000 | $727,000 |
| Application Withdrawn By Applicant | 181 | $47,876,000 | $264,000 | $17,693,000 | $75,000 | $902,000 |
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 |
|---|---|---|---|---|---|---|
| Credit History | 3,399 | $381,427,000 | $112,000 | $1,600,000 | $51,000 | $1,503,000 |
| Debt-To-Income Ratio | 1,042 | $143,460,000 | $137,000 | $640,000 | $45,000 | $360,000 |
| Collateral | 239 | $39,157,000 | $163,000 | $1,214,000 | $84,000 | $812,000 |
| Unverifiable Information | 109 | $19,036,000 | $174,000 | $825,000 | $86,000 | $510,000 |
| Other | 89 | $12,691,000 | $142,000 | $608,000 | $85,000 | $680,000 |
| Employment History | 77 | $9,357,000 | $121,000 | $563,000 | $55,000 | $180,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 52 | $5,374,000 | $103,000 | $417,000 | $49,000 | $150,000 |
| Credit Application Incomplete | 20 | $3,451,000 | $172,000 | $770,000 | $62,000 | $216,000 |
| Mortgage Insurance Denied | 5 | $980,000 | $196,000 | $264,000 | $168,000 | $540,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into New South Federal Savings Bank'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 South Federal Savings Bank'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 Alabama, download the full spreadsheet
with aggregated HMDA statistics today.