Nexbank Mortgage Lending & HMDA Data, 2013

In 2013, Nexbank of Dallas, TX reported 1,801 mortgage applications totaling $554.7 million, down 20% from 2012. The average application was for $307,985, and applicants reported an average income of $85,873. 63% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Dallas-Plano-Irving, TX (579), Austin-Round Rock-San Marcos, TX (271) and Houston-Sugar Land-Baytown, TX (222) (applications in parentheses).

Mortgage Company & Address Nexbank
2515 McKinney Avenue, Suite 1100
Dallas, TX 75201
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 1,801
Total Mortgage Loan Application Amount $554,681,000
Average Mortgage Loan Application Amount $307,985
Highest Mortgage Loan Application Amount $4,752,000
Average Applicant Income $85,873
Highest Applicant Income $1,327,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Nexbank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Nexbank by County in 2013

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Collin, Texas 206 $ 46,205,000 $ 224,296 $ 115,000
Dallas, Texas 196 $ 56,331,000 $ 287,403 $ 129,000
Travis, Texas 174 $ 42,769,000 $ 245,798 $ 111,000
Denton, Texas 137 $ 29,310,000 $ 213,941 $ 102,000
Tarrant, Texas 127 $ 25,937,000 $ 204,228 $ 97,000
Harris, Texas 125 $ 26,830,000 $ 214,640 $ 112,000
King, Washington 96 $ 63,215,000 $ 658,489 $ 0
Williamson, Texas 59 $ 10,806,000 $ 183,152 $ 124,000
Los Angeles, California 50 $ 47,000,000 $ 940,000 $ 0
Fort Bend, Texas 41 $ 9,560,000 $ 233,170 $ 113,000
Montgomery, Texas 36 $ 8,822,000 $ 245,055 $ 121,000
Bexar, Texas 31 $ 5,790,000 $ 186,774 $ 99,000
Hays, Texas 24 $ 5,810,000 $ 242,083 $ 105,000
Webb, Texas 23 $ 3,669,000 $ 159,521 $ 59,000
Kaufman, Texas 19 $ 3,222,000 $ 169,578 $ 75,000
Orange, California 18 $ 14,776,000 $ 820,888 $ 0
Marion, West Virginia 18 $ 1,452,000 $ 80,666 $ 0
San Diego, California 15 $ 12,089,000 $ 805,933 $ 0
Bastrop, Texas 13 $ 2,398,000 $ 184,461 $ 194,000
Rockwall, Texas 12 $ 2,430,000 $ 202,500 $ 114,000
McLennan, Texas 11 $ 1,362,000 $ 123,818 $ 53,000
Harrison, West Virginia 11 $ 1,957,000 $ 177,909 $ 0
Broward, Florida 10 $ 5,360,000 $ 536,000 $ 7,000
Snohomish, Washington 10 $ 5,504,000 $ 550,400 $ 0
Monongalia, West Virginia 10 $ 1,827,000 $ 182,700 $ 0
Miami-Dade, Florida 9 $ 10,768,000 $ 1,196,444 $ 0
Galveston, Texas 9 $ 1,729,000 $ 192,111 $ 140,000
Brazos, Texas 8 $ 1,615,000 $ 201,875 $ 119,000
Ellis, Texas 8 $ 1,824,000 $ 228,000 $ 109,000
Hidalgo, Texas 7 $ 1,013,000 $ 144,714 $ 61,000
Parker, Texas 7 $ 1,202,000 $ 171,714 $ 88,000
Jefferson, West Virginia 7 $ 927,000 $ 132,428 $ 0
Wise, Texas 6 $ 1,083,000 $ 180,500 $ 91,000
Riverside, California 5 $ 2,590,000 $ 518,000 $ 0
Santa Barbara, California 5 $ 4,440,000 $ 888,000 $ 0
Collier, Florida 5 $ 3,166,000 $ 633,200 $ 0
Orange, Florida 5 $ 3,664,000 $ 732,800 $ 0
Burnet, Texas 5 $ 804,000 $ 160,800 $ 109,000
Comal, Texas 5 $ 1,160,000 $ 232,000 $ 97,000
Orange, Texas 5 $ 1,131,000 $ 226,200 $ 112,000
Taylor, Texas 5 $ 1,116,000 $ 223,200 $ 136,000
Berkeley, West Virginia 5 $ 1,029,000 $ 205,800 $ 0
Ventura, California 4 $ 3,242,000 $ 810,500 $ 0
Palm Beach, Florida 4 $ 5,087,000 $ 1,271,750 $ 0
Multnomah, Oregon 4 $ 1,910,000 $ 477,500 $ 0
Brazoria, Texas 4 $ 659,000 $ 164,750 $ 78,000
Lampasas, Texas 4 $ 443,000 $ 110,750 $ 70,000
Clark, Washington 4 $ 1,386,000 $ 346,500 $ 0
Contra Costa, California 3 $ 1,631,000 $ 543,666 $ 0
Marin, California 3 $ 1,821,000 $ 607,000 $ 0
Santa Clara, California 3 $ 1,686,000 $ 562,000 $ 0
Seminole, Florida 3 $ 1,415,000 $ 471,666 $ 0
Blaine, Idaho 3 $ 1,560,000 $ 520,000 $ 0
Clackamas, Oregon 3 $ 1,397,000 $ 465,666 $ 0
Marion, Oregon 3 $ 529,000 $ 176,333 $ 0
Washington, Oregon 3 $ 1,341,000 $ 447,000 $ 0
Cherokee, Texas 3 $ 611,000 $ 203,666 $ 124,000
Gregg, Texas 3 $ 335,000 $ 111,666 $ 59,000
Guadalupe, Texas 3 $ 472,000 $ 157,333 $ 76,000
Henderson, Texas 3 $ 505,000 $ 168,333 $ 174,000
Waller, Texas 3 $ 551,000 $ 183,666 $ 88,000
Wharton, Texas 3 $ 418,000 $ 139,333 $ 124,000
Maricopa, Arizona 2 $ 639,000 $ 319,500 $ 0
Sacramento, California 2 $ 2,411,000 $ 1,205,500 $ 0
San Bernardino, California 2 $ 910,000 $ 455,000 $ 0
San Francisco, California 2 $ 3,247,000 $ 1,623,500 $ 0
San Mateo, California 2 $ 995,000 $ 497,500 $ 0
Denver, Colorado 2 $ 940,000 $ 470,000 $ 80,000
Douglas, Colorado 2 $ 935,000 $ 467,500 $ 179,000
New Haven, Connecticut 2 $ 263,000 $ 131,500 $ 0
Volusia, Florida 2 $ 976,000 $ 488,000 $ 0
Gwinnett, Georgia 2 $ 1,180,000 $ 590,000 $ 57,000
Hawaii, Hawaii 2 $ 399,000 $ 199,500 $ 0
Maui, Hawaii 2 $ 977,000 $ 488,500 $ 0
Cook, Illinois 2 $ 521,000 $ 260,500 $ 28,000
Lafayette, Louisiana 2 $ 554,000 $ 277,000 $ 164,000
Plymouth, Massachusetts 2 $ 325,000 $ 162,500 $ 53,000
Onondaga, New York 2 $ 256,000 $ 128,000 $ 241,000
Tulsa, Oklahoma 2 $ 997,000 $ 498,500 $ 47,000
Aransas, Texas 2 $ 215,000 $ 107,500 $ 29,000
Bell, Texas 2 $ 236,000 $ 118,000 $ 88,000
Chambers, Texas 2 $ 321,000 $ 160,500 $ 51,000
El Paso, Texas 2 $ 322,000 $ 161,000 $ 77,000
Hardin, Texas 2 $ 246,000 $ 123,000 $ 99,000
Hutchinson, Texas 2 $ 151,000 $ 75,500 $ 43,000
Midland, Texas 2 $ 304,000 $ 152,000 $ 67,000
Nueces, Texas 2 $ 512,000 $ 256,000 $ 225,000
Randall, Texas 2 $ 446,000 $ 223,000 $ 69,000
Smith, Texas 2 $ 372,000 $ 186,000 $ 94,000
Van Zandt, Texas 2 $ 389,000 $ 194,500 $ 58,000
Wichita, Texas 2 $ 273,000 $ 136,500 $ 97,000
Island, Washington 2 $ 1,410,000 $ 705,000 $ 0
Kitsap, Washington 2 $ 1,083,000 $ 541,500 $ 0
Kittitas, Washington 2 $ 1,228,000 $ 614,000 $ 0
Pierce, Washington 2 $ 647,000 $ 323,500 $ 0
Barbour, West Virginia 2 $ 226,000 $ 113,000 $ 0
Doddridge, West Virginia 2 $ 322,000 $ 161,000 $ 0
Lewis, West Virginia 2 $ 809,000 $ 404,500 $ 0
Elmore, Alabama 1 $ 142,000 $ 142,000 $ 0
Benton, Arkansas 1 $ 519,000 $ 519,000 $ 0
Alameda, California 1 $ 743,000 $ 743,000 $ 0
San Luis Obispo, California 1 $ 932,000 $ 932,000 $ 0
Arapahoe, Colorado 1 $ 221,000 $ 221,000 $ 100,000
Duval, Florida 1 $ 497,000 $ 497,000 $ 0
Lee, Florida 1 $ 747,000 $ 747,000 $ 0
Martin, Florida 1 $ 456,000 $ 456,000 $ 0
Monroe, Florida 1 $ 683,000 $ 683,000 $ 0
St. Johns, Florida 1 $ 633,000 $ 633,000 $ 0
Cobb, Georgia 1 $ 83,000 $ 83,000 $ 86,000
DeKalb, Georgia 1 $ 319,000 $ 319,000 $ 199,000
Forsyth, Georgia 1 $ 914,000 $ 914,000 $ 309,000
Bonner, Idaho 1 $ 665,000 $ 665,000 $ 0
Kootenai, Idaho 1 $ 207,000 $ 207,000 $ 0
DuPage, Illinois 1 $ 59,000 $ 59,000 $ 73,000
Will, Illinois 1 $ 140,000 $ 140,000 $ 0
Porter, Indiana 1 $ 62,000 $ 62,000 $ 0
Acadia, Louisiana 1 $ 79,000 $ 79,000 $ 127,000
Caddo, Louisiana 1 $ 128,000 $ 128,000 $ 45,000
Orleans, Louisiana 1 $ 213,000 $ 213,000 $ 89,000
Tangipahoa, Louisiana 1 $ 116,000 $ 116,000 $ 74,000
Union, Louisiana 1 $ 54,000 $ 54,000 $ 26,000
Baltimore, Maryland 1 $ 1,025,000 $ 1,025,000 $ 0
Howard, Maryland 1 $ 495,000 $ 495,000 $ 0
Talbot, Maryland 1 $ 196,000 $ 196,000 $ 0
Middlesex, Massachusetts 1 $ 248,000 $ 248,000 $ 169,000
Norfolk, Massachusetts 1 $ 890,000 $ 890,000 $ 0
Suffolk, Massachusetts 1 $ 168,000 $ 168,000 $ 63,000
Worcester, Massachusetts 1 $ 72,000 $ 72,000 $ 80,000
Ottawa, Michigan 1 $ 1,038,000 $ 1,038,000 $ 0
Wayne, Michigan 1 $ 107,000 $ 107,000 $ 0
Hinds, Mississippi 1 $ 27,000 $ 27,000 $ 0
Ravalli, Montana 1 $ 489,000 $ 489,000 $ 0
Clark, Nevada 1 $ 83,000 $ 83,000 $ 0
New York, New York 1 $ 880,000 $ 880,000 $ 0
Westchester, New York 1 $ 709,000 $ 709,000 $ 0
Carteret, North Carolina 1 $ 587,000 $ 587,000 $ 0
Wake, North Carolina 1 $ 162,000 $ 162,000 $ 0
Cuyahoga, Ohio 1 $ 933,000 $ 933,000 $ 0
Cleveland, Oklahoma 1 $ 127,000 $ 127,000 $ 36,000
Garfield, Oklahoma 1 $ 255,000 $ 255,000 $ 69,000
McIntosh, Oklahoma 1 $ 216,000 $ 216,000 $ 79,000
Rogers, Oklahoma 1 $ 227,000 $ 227,000 $ 96,000
Deschutes, Oregon 1 $ 679,000 $ 679,000 $ 0
Lane, Oregon 1 $ 416,000 $ 416,000 $ 0
Fayette, Pennsylvania 1 $ 153,000 $ 153,000 $ 0
Greene, Pennsylvania 1 $ 105,000 $ 105,000 $ 0
Horry, South Carolina 1 $ 383,000 $ 383,000 $ 0
Sumner, Tennessee 1 $ 164,000 $ 164,000 $ 0
Williamson, Tennessee 1 $ 520,000 $ 520,000 $ 0
Angelina, Texas 1 $ 101,000 $ 101,000 $ 94,000
Atascosa, Texas 1 $ 66,000 $ 66,000 $ 123,000
Bowie, Texas 1 $ 188,000 $ 188,000 $ 110,000
Caldwell, Texas 1 $ 86,000 $ 86,000 $ 35,000
Cooke, Texas 1 $ 153,000 $ 153,000 $ 60,000
Coryell, Texas 1 $ 198,000 $ 198,000 $ 101,000
Crane, Texas 1 $ 111,000 $ 111,000 $ 297,000
Ector, Texas 1 $ 149,000 $ 149,000 $ 80,000
Fannin, Texas 1 $ 138,000 $ 138,000 $ 41,000
Fayette, Texas 1 $ 192,000 $ 192,000 $ 113,000
Franklin, Texas 1 $ 320,000 $ 320,000 $ 185,000
Gillespie, Texas 1 $ 85,000 $ 85,000 $ 52,000
Grayson, Texas 1 $ 51,000 $ 51,000 $ 42,000
Hood, Texas 1 $ 214,000 $ 214,000 $ 168,000
Hunt, Texas 1 $ 162,000 $ 162,000 $ 44,000
Jefferson, Texas 1 $ 166,000 $ 166,000 $ 100,000
Jim Wells, Texas 1 $ 133,000 $ 133,000 $ 72,000
Kendall, Texas 1 $ 229,000 $ 229,000 $ 86,000
Liberty, Texas 1 $ 88,000 $ 88,000 $ 130,000
Ochiltree, Texas 1 $ 142,000 $ 142,000 $ 65,000
San Jacinto, Texas 1 $ 95,000 $ 95,000 $ 62,000
Val Verde, Texas 1 $ 82,000 $ 82,000 $ 31,000
Salt Lake, Utah 1 $ 443,000 $ 443,000 $ 0
Washington, Utah 1 $ 1,242,000 $ 1,242,000 $ 0
Chesapeake, Virginia 1 $ 67,000 $ 67,000 $ 0
Fairfax, Virginia 1 $ 970,000 $ 970,000 $ 0
Henrico, Virginia 1 $ 246,000 $ 246,000 $ 0
Warren, Virginia 1 $ 80,000 $ 80,000 $ 0
Skagit, Washington 1 $ 486,000 $ 486,000 $ 0
Thurston, Washington 1 $ 334,000 $ 334,000 $ 0
Whatcom, Washington 1 $ 510,000 $ 510,000 $ 0
Jackson, West Virginia 1 $ 214,000 $ 214,000 $ 0
Morgan, West Virginia 1 $ 117,000 $ 117,000 $ 0
Taylor, West Virginia 1 $ 129,000 $ 129,000 $ 0

Mortgage Loan Application Detail Totals for Nexbank 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
Home Purchase 1,393 $460,418,000 $330,000 $4,752,000 $75,000 $1,097,000
Refinancing 408 $94,263,000 $231,000 $1,950,000 $123,000 $1,327,000
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 1,003 $224,856,000 $224,000 $4,752,000 $114,000 $1,137,000
Not applicable 412 $250,840,000 $608,000 $3,323,000 $0 $0
Hispanic 154 $26,461,000 $171,000 $417,000 $80,000 $449,000
Asian 87 $20,143,000 $231,000 $1,397,000 $130,000 $559,000
Not Provided 71 $17,839,000 $251,000 $938,000 $139,000 $540,000
Black or African American 67 $13,061,000 $194,000 $417,000 $101,000 $1,327,000
Native Hawaiian or Other Pacific Islander 5 $1,156,000 $231,000 $417,000 $74,000 $144,000
American Indian or Alaskan Native 2 $325,000 $162,000 $198,000 $74,000 $101,000

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) 1,351 $475,027,000 $351,000 $4,752,000 $89,000 $1,327,000
FHA-insured (Federal Housing Administration) 356 $60,559,000 $170,000 $345,000 $73,000 $355,000
VA-guaranteed (Veterans Administration) 71 $15,742,000 $221,000 $417,000 $89,000 $394,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 23 $3,353,000 $145,000 $255,000 $53,000 $83,000

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 1,129 $244,208,000 $216,000 $1,950,000 $111,000 $1,327,000
Loan Purchased By The Institution 421 $252,222,000 $599,000 $3,323,000 $2,000 $433,000
Application Denied By Financial Institution 138 $28,703,000 $207,000 $1,000,000 $106,000 $540,000
Application Approved But Not Accepted 105 $27,628,000 $263,000 $4,752,000 $118,000 $1,000,000
Application Withdrawn By Applicant 8 $1,920,000 $240,000 $556,000 $144,000 $480,000
File Closed For Incompleteness 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
Debt-To-Income Ratio 30 $7,075,000 $235,000 $1,000,000 $88,000 $296,000
Credit Application Incomplete 27 $5,258,000 $194,000 $481,000 $122,000 $540,000
Collateral 24 $5,421,000 $225,000 $914,000 $109,000 $309,000
Credit History 19 $3,817,000 $200,000 $380,000 $99,000 $235,000
Other 15 $2,429,000 $161,000 $346,000 $78,000 $170,000
Unverifiable Information 14 $2,768,000 $197,000 $344,000 $159,000 $449,000
Employment History 6 $1,321,000 $220,000 $312,000 $97,000 $168,000
Insufficient Cash (Downpayment, Closing Cost) 1 $160,000 $160,000 $160,000 $92,000 $92,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Nexbank'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 Nexbank'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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