Rb Mortgage LLC Mortgage Lending & HMDA Data, 2017

In 2017, Rb Mortgage LLC of Live Oak, TX reported 280 mortgage applications totaling $55.4 million, down 8% from 2016. The average application was for $197,996, and applicants reported an average income of $84,353. 70% of its applications resulted in an originated loan and 8% were denied. Its largest markets were San Antonio-New Braunfels, TX (197), Austin-Round Rock, TX (39) and Dallas-Plano-Irving, TX (6) (applications in parentheses).

Mortgage Company & Address Rb Mortgage LLC
One Randolph Brooks Parkway
Live Oak, TX 78233
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  
Total Number of Mortgage Applications 280
Total Mortgage Loan Application Amount $55,439,000
Average Mortgage Loan Application Amount $197,996
Highest Mortgage Loan Application Amount $608,000
Average Applicant Income $84,353
Highest Applicant Income $459,000

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Act (HMDA) records Rb Mortgage LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for Rb Mortgage LLC in 2017

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 249 $51,180,000 $205,000 $608,000 $82,000 $251,000
Refinancing 28 $3,808,000 $136,000 $233,000 $102,000 $459,000
Home Improvement 3 $451,000 $150,000 $176,000 $115,000 $160,000

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 112 $23,660,000 $211,000 $505,000 $84,000 $375,000
Hispanic 91 $16,542,000 $181,000 $608,000 $77,000 $459,000
Not Provided 54 $11,089,000 $205,000 $432,000 $96,000 $456,000
Black or African American 14 $2,719,000 $194,000 $476,000 $88,000 $225,000
Asian 7 $1,032,000 $147,000 $250,000 $58,000 $99,000
American Indian or Alaskan Native 1 $231,000 $231,000 $231,000 $196,000 $196,000
Native Hawaiian or Other Pacific Islander 1 $166,000 $166,000 $166,000 $85,000 $85,000
Not applicable 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
FHA-insured (Federal Housing Administration) 122 $20,535,000 $168,000 $348,000 $69,000 $244,000
VA-guaranteed (Veterans Administration) 120 $28,360,000 $236,000 $608,000 $95,000 $459,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 38 $6,544,000 $172,000 $382,000 $97,000 $456,000
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
Loan Originated 195 $40,208,000 $206,000 $608,000 $82,000 $251,000
File Closed For Incompleteness 37 $7,169,000 $193,000 $432,000 $85,000 $456,000
Application Denied By Financial Institution 22 $3,257,000 $148,000 $281,000 $47,000 $126,000
Application Withdrawn By Applicant 18 $2,945,000 $163,000 $271,000 $124,000 $459,000
Application Approved But Not Accepted 8 $1,860,000 $232,000 $405,000 $131,000 $244,000
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
Debt-To-Income Ratio 9 $1,496,000 $166,000 $281,000 $41,000 $91,000
Credit History 7 $856,000 $122,000 $238,000 $52,000 $126,000
Collateral 4 $471,000 $117,000 $137,000 $45,000 $60,000
Employment History 2 $434,000 $217,000 $259,000 $66,000 $89,000
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
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Rb Mortgage LLC's 2017 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 Rb Mortgage LLC'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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