Security Service Mortgage Lending & HMDA Data, 2012

In 2012, Security Service of San Antonio, TX reported 2,074 mortgage applications totaling $206.4 million, up 22% from 2011. The average application was for $99,516, and applicants reported an average income of $82,462. 61% of its applications resulted in an originated loan and 21% were denied. Its largest markets were San Antonio-New Braunfels, TX (1,429), McAllen-Edinburg-Mission, TX (71) and Colorado Springs, CO (62) (applications in parentheses).

Mortgage Company & Address Security Service
15000 W Interstate 10 Bldg 4
San Antonio, TX 78249
Tel #: available with data download
Federal Regulator * available with data download
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Total Number of Mortgage Applications 2,074
Total Mortgage Loan Application Amount $206,398,000
Average Mortgage Loan Application Amount $99,516
Highest Mortgage Loan Application Amount $1,620,000
Average Applicant Income $82,462
Highest Applicant Income $1,667,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Security Service filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Security Service by County in 2012

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Bexar, Texas 1,163 $ 101,477,000 $ 87,254 $ 80,000
Comal, Texas 77 $ 11,954,000 $ 155,246 $ 97,000
Hidalgo, Texas 71 $ 4,487,000 $ 63,197 $ 60,000
El Paso, Colorado 62 $ 6,987,000 $ 112,693 $ 72,000
Cameron, Texas 55 $ 4,438,000 $ 80,690 $ 70,000
Guadalupe, Texas 43 $ 4,580,000 $ 106,511 $ 81,000
Medina, Texas 40 $ 5,419,000 $ 135,475 $ 83,000
Uvalde, Texas 35 $ 3,206,000 $ 91,600 $ 80,000
Pueblo, Colorado 34 $ 2,502,000 $ 73,588 $ 62,000
Atascosa, Texas 32 $ 2,524,000 $ 78,875 $ 67,000
El Paso, Texas 26 $ 1,893,000 $ 72,807 $ 59,000
Kendall, Texas 26 $ 4,668,000 $ 179,538 $ 118,000
Wilson, Texas 26 $ 3,268,000 $ 125,692 $ 80,000
Utah, Utah 23 $ 2,496,000 $ 108,521 $ 67,000
Bandera, Texas 22 $ 1,520,000 $ 69,090 $ 77,000
Travis, Texas 22 $ 5,428,000 $ 246,727 $ 115,000
San Patricio, Texas 20 $ 1,439,000 $ 71,950 $ 74,000
Larimer, Colorado 19 $ 2,016,000 $ 106,105 $ 94,000
Nueces, Texas 19 $ 1,702,000 $ 89,578 $ 94,000
Denver, Colorado 17 $ 2,556,000 $ 150,352 $ 84,000
Harris, Texas 15 $ 1,855,000 $ 123,666 $ 265,000
Weld, Colorado 13 $ 1,617,000 $ 124,384 $ 56,000
Arapahoe, Colorado 11 $ 1,043,000 $ 94,818 $ 82,000
Boulder, Colorado 10 $ 2,021,000 $ 202,100 $ 117,000
Douglas, Colorado 10 $ 2,040,000 $ 204,000 $ 98,000
Jefferson, Colorado 10 $ 1,501,000 $ 150,100 $ 78,000
Williamson, Texas 10 $ 2,125,000 $ 212,500 $ 120,000
Salt Lake, Utah 10 $ 1,815,000 $ 181,500 $ 79,000
Adams, Colorado 9 $ 1,139,000 $ 126,555 $ 97,000
Hays, Texas 8 $ 1,613,000 $ 201,625 $ 106,000
Webb, Texas 8 $ 507,000 $ 63,375 $ 75,000
Washington, Utah 8 $ 966,000 $ 120,750 $ 58,000
Bastrop, Texas 7 $ 1,425,000 $ 203,571 $ 142,000
Zavala, Texas 7 $ 204,000 $ 29,142 $ 58,000
Collin, Texas 6 $ 643,000 $ 107,166 $ 113,000
Maverick, Texas 6 $ 346,000 $ 57,666 $ 64,000
Aransas, Texas 5 $ 481,000 $ 96,200 $ 119,000
Brazos, Texas 4 $ 473,000 $ 118,250 $ 271,000
Frio, Texas 4 $ 207,000 $ 51,750 $ 67,000
Gillespie, Texas 4 $ 309,000 $ 77,250 $ 101,000
Kerr, Texas 4 $ 500,000 $ 125,000 $ 87,000
Mesa, Colorado 3 $ 397,000 $ 132,333 $ 50,000
Blanco, Texas 3 $ 447,000 $ 149,000 $ 125,000
Burnet, Texas 3 $ 819,000 $ 273,000 $ 124,000
Gonzales, Texas 3 $ 78,000 $ 26,000 $ 101,000
Real, Texas 3 $ 588,000 $ 196,000 $ 92,000
Refugio, Texas 3 $ 303,000 $ 101,000 $ 82,000
Tarrant, Texas 3 $ 380,000 $ 126,666 $ 120,000
Val Verde, Texas 3 $ 148,000 $ 49,333 $ 64,000
Grand, Colorado 2 $ 330,000 $ 165,000 $ 75,000
Bell, Texas 2 $ 120,000 $ 60,000 $ 72,000
Dimmit, Texas 2 $ 240,000 $ 120,000 $ 50,000
Fort Bend, Texas 2 $ 498,000 $ 249,000 $ 160,000
Galveston, Texas 2 $ 1,096,000 $ 548,000 $ 287,000
Victoria, Texas 2 $ 274,000 $ 137,000 $ 85,000
Broomfield, Colorado 1 $ 160,000 $ 160,000 $ 181,000
Chaffee, Colorado 1 $ 93,000 $ 93,000 $ 115,000
Crowley, Colorado 1 $ 28,000 $ 28,000 $ 51,000
Custer, Colorado 1 $ 99,000 $ 99,000 $ 66,000
Eagle, Colorado 1 $ 62,000 $ 62,000 $ 71,000
Fremont, Colorado 1 $ 40,000 $ 40,000 $ 52,000
Kit Carson, Colorado 1 $ 64,000 $ 64,000 $ 55,000
La Plata, Colorado 1 $ 40,000 $ 40,000 $ 238,000
Moffat, Colorado 1 $ 113,000 $ 113,000 $ 55,000
Morgan, Colorado 1 $ 104,000 $ 104,000 $ 64,000
Otero, Colorado 1 $ 9,000 $ 9,000 $ 28,000
Park, Colorado 1 $ 30,000 $ 30,000 $ 47,000
Rio Grande, Colorado 1 $ 68,000 $ 68,000 $ 36,000
Saguache, Colorado 1 $ 40,000 $ 40,000 $ 48,000
Sedgwick, Kansas 1 $ 7,000 $ 7,000 $ 27,000
Brazoria, Texas 1 $ 194,000 $ 194,000 $ 135,000
Dallas, Texas 1 $ 133,000 $ 133,000 $ 140,000
Denton, Texas 1 $ 111,000 $ 111,000 $ 251,000
Henderson, Texas 1 $ 140,000 $ 140,000 $ 46,000
Hunt, Texas 1 $ 225,000 $ 225,000 $ 151,000
Jim Wells, Texas 1 $ 120,000 $ 120,000 $ 89,000
Karnes, Texas 1 $ 34,000 $ 34,000 $ 80,000
Kleberg, Texas 1 $ 25,000 $ 25,000 $ 27,000
Lampasas, Texas 1 $ 333,000 $ 333,000 $ 258,000
Limestone, Texas 1 $ 115,000 $ 115,000 $ 50,000
Llano, Texas 1 $ 131,000 $ 131,000 $ 112,000
Mason, Texas 1 $ 50,000 $ 50,000 $ 43,000
Matagorda, Texas 1 $ 25,000 $ 25,000 $ 67,000
Navarro, Texas 1 $ 83,000 $ 83,000 $ 105,000
Trinity, Texas 1 $ 32,000 $ 32,000 $ 67,000
Willacy, Texas 1 $ 40,000 $ 40,000 $ 39,000
Juab, Utah 1 $ 98,000 $ 98,000 $ 201,000
Kane, Utah 1 $ 124,000 $ 124,000 $ 359,000
Sanpete, Utah 1 $ 208,000 $ 208,000 $ 36,000

Mortgage Loan Application Detail Totals for Security Service in 2012

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 1,252 $123,633,000 $98,000 $1,480,000 $78,000 $1,667,000
Home Improvement 430 $14,509,000 $33,000 $300,000 $74,000 $1,080,000
Home Purchase 392 $68,256,000 $174,000 $1,620,000 $106,000 $1,667,000

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
Hispanic 788 $63,809,000 $80,000 $988,000 $65,000 $440,000
White 754 $96,354,000 $127,000 $1,620,000 $98,000 $1,667,000
Not Provided 460 $37,360,000 $81,000 $1,480,000 $84,000 $1,080,000
Black or African American 44 $4,706,000 $106,000 $417,000 $87,000 $174,000
Asian 21 $3,257,000 $155,000 $417,000 $101,000 $387,000
American Indian or Alaskan Native 4 $670,000 $167,000 $436,000 $119,000 $183,000
Native Hawaiian or Other Pacific Islander 3 $242,000 $80,000 $160,000 $54,000 $67,000
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
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 2,013 $197,308,000 $98,000 $1,620,000 $83,000 $1,667,000
FHA-insured (Federal Housing Administration) 32 $3,832,000 $119,000 $208,000 $65,000 $147,000
VA-guaranteed (Veterans Administration) 29 $5,258,000 $181,000 $417,000 $84,000 $219,000
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 1,262 $141,496,000 $112,000 $1,620,000 $89,000 $1,667,000
Application Denied By Financial Institution 432 $26,671,000 $61,000 $683,000 $59,000 $359,000
Application Withdrawn By Applicant 345 $32,640,000 $94,000 $570,000 $88,000 $1,348,000
Application Approved But Not Accepted 20 $3,503,000 $175,000 $398,000 $89,000 $220,000
File Closed For Incompleteness 12 $1,574,000 $131,000 $226,000 $87,000 $258,000
Loan Purchased By The Institution 3 $514,000 $171,000 $223,000 $89,000 $122,000
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
Other 233 $10,757,000 $46,000 $180,000 $58,000 $340,000
Credit History 142 $7,207,000 $50,000 $436,000 $53,000 $359,000
Debt-To-Income Ratio 42 $6,745,000 $160,000 $683,000 $68,000 $256,000
Collateral 7 $929,000 $132,000 $282,000 $114,000 $156,000
Employment History 4 $616,000 $154,000 $300,000 $49,000 $78,000
Insufficient Cash (Downpayment, Closing Cost) 2 $249,000 $124,000 $144,000 $67,000 $102,000
Credit Application Incomplete 1 $80,000 $80,000 $80,000 $174,000 $174,000
Unverifiable Information 1 $88,000 $88,000 $88,000 $32,000 $32,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Security Service's 2012 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 Security Service'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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