Southwest Funding LP Mortgage Lending & HMDA Data, 2009

In 2009, Southwest Funding LP of Dallas, TX reported 589 mortgage applications totaling $82.0 million. The average application was for $139,302, and applicants reported an average income of $58,716. 67% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Houston-Sugar Land-Baytown, TX (123), Dallas-Plano-Irving, TX (91) and San Antonio, TX (33) (applications in parentheses).

Mortgage Company & Address Southwest Funding LP
13150 Coit Road Ste 100
Dallas, TX 75240
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  
Total Number of Mortgage Applications 589
Total Mortgage Loan Application Amount $82,049,000
Average Mortgage Loan Application Amount $139,302
Highest Mortgage Loan Application Amount $424,000
Average Applicant Income $58,716
Highest Applicant Income $360,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Southwest Funding LP filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Southwest Funding LP by County in 2009

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Harris, Texas 96 $ 11,602,000 $ 120,854 $ 55,000
Dallas, Texas 47 $ 5,301,000 $ 112,787 $ 48,000
Bexar, Texas 30 $ 4,873,000 $ 162,433 $ 69,000
Hidalgo, Texas 22 $ 2,685,000 $ 122,045 $ 65,000
Collin, Texas 20 $ 4,525,000 $ 226,250 $ 103,000
Madison, Alabama 14 $ 1,596,000 $ 114,000 $ 41,000
Denton, Texas 14 $ 2,390,000 $ 170,714 $ 57,000
Tarrant, Texas 14 $ 2,290,000 $ 163,571 $ 69,000
Lafayette, Louisiana 13 $ 2,375,000 $ 182,692 $ 64,000
El Paso, Texas 12 $ 1,557,000 $ 129,750 $ 74,000
Gregg, Texas 11 $ 1,398,000 $ 127,090 $ 45,000
Oklahoma, Oklahoma 10 $ 1,378,000 $ 137,800 $ 56,000
Fort Bend, Texas 10 $ 1,726,000 $ 172,600 $ 78,000
Montgomery, Texas 10 $ 1,074,000 $ 107,400 $ 61,000
Orleans, Louisiana 9 $ 1,147,000 $ 127,444 $ 36,000
Travis, Texas 9 $ 1,260,000 $ 140,000 $ 61,000
Benton, Arkansas 8 $ 1,180,000 $ 147,500 $ 45,000
Vanderburgh, Indiana 8 $ 823,000 $ 102,875 $ 47,000
San Juan, New Mexico 8 $ 1,700,000 $ 212,500 $ 126,000
Williamson, Texas 8 $ 1,251,000 $ 156,375 $ 63,000
Eddy, New Mexico 7 $ 1,182,000 $ 168,857 $ 52,000
Sevier, Tennessee 7 $ 1,105,000 $ 157,857 $ 62,000
Osceola, Florida 5 $ 344,000 $ 68,800 $ 54,000
McCracken, Kentucky 5 $ 355,000 $ 71,000 $ 29,000
Blount, Tennessee 5 $ 890,000 $ 178,000 $ 55,000
Brazos, Texas 5 $ 918,000 $ 183,600 $ 74,000
Galveston, Texas 5 $ 750,000 $ 150,000 $ 62,000
Baldwin, Alabama 4 $ 602,000 $ 150,500 $ 46,000
Jefferson, Alabama 4 $ 412,000 $ 103,000 $ 62,000
East Baton Rouge, Louisiana 4 $ 555,000 $ 138,750 $ 18,000
Vermilion, Louisiana 4 $ 502,000 $ 125,500 $ 47,000
Mason, Michigan 4 $ 447,000 $ 111,750 $ 57,000
Santa Fe, New Mexico 4 $ 990,000 $ 247,500 $ 78,000
Bell, Texas 4 $ 393,000 $ 98,250 $ 72,000
Deaf Smith, Texas 4 $ 294,000 $ 73,500 $ 31,000
Kaufman, Texas 4 $ 588,000 $ 147,000 $ 72,000
Potter, Texas 4 $ 381,000 $ 95,250 $ 30,000
Randall, Texas 4 $ 704,000 $ 176,000 $ 76,000
Mobile, Alabama 3 $ 382,000 $ 127,333 $ 39,000
Saline, Arkansas 3 $ 541,000 $ 180,333 $ 52,000
Washington, Arkansas 3 $ 408,000 $ 136,000 $ 53,000
Polk, Florida 3 $ 321,000 $ 107,000 $ 44,000
Marion, Indiana 3 $ 337,000 $ 112,333 $ 24,000
Rapides, Louisiana 3 $ 402,000 $ 134,000 $ 50,000
Bernalillo, New Mexico 3 $ 425,000 $ 141,666 $ 54,000
Cleveland, Oklahoma 3 $ 450,000 $ 150,000 $ 24,000
Delaware, Oklahoma 3 $ 252,000 $ 84,000 $ 22,000
Knox, Tennessee 3 $ 421,000 $ 140,333 $ 43,000
Rockwall, Texas 3 $ 454,000 $ 151,333 $ 58,000
Upshur, Texas 3 $ 418,000 $ 139,333 $ 61,000
Lee, Alabama 2 $ 209,000 $ 104,500 $ 46,000
St. Martin, Louisiana 2 $ 297,000 $ 148,500 $ 55,000
Lowndes, Mississippi 2 $ 169,000 $ 84,500 $ 25,000
Brazoria, Texas 2 $ 471,000 $ 235,500 $ 105,000
Brown, Texas 2 $ 126,000 $ 63,000 $ 44,000
Ellis, Texas 2 $ 312,000 $ 156,000 $ 44,000
Grayson, Texas 2 $ 250,000 $ 125,000 $ 82,000
Parker, Texas 2 $ 364,000 $ 182,000 $ 59,000
Wharton, Texas 2 $ 138,000 $ 69,000 $ 48,000
Choctaw, Alabama 1 $ 193,000 $ 193,000 $ 70,000
Cullman, Alabama 1 $ 168,000 $ 168,000 $ 64,000
Elmore, Alabama 1 $ 98,000 $ 98,000 $ 0
Henry, Alabama 1 $ 111,000 $ 111,000 $ 77,000
Houston, Alabama 1 $ 83,000 $ 83,000 $ 82,000
Limestone, Alabama 1 $ 237,000 $ 237,000 $ 139,000
Russell, Alabama 1 $ 120,000 $ 120,000 $ 31,000
Cleburne, Arkansas 1 $ 125,000 $ 125,000 $ 62,000
Lonoke, Arkansas 1 $ 85,000 $ 85,000 $ 29,000
Orange, Florida 1 $ 99,000 $ 99,000 $ 30,000
Gibson, Indiana 1 $ 112,000 $ 112,000 $ 90,000
Johnson, Indiana 1 $ 103,000 $ 103,000 $ 41,000
St. Joseph, Indiana 1 $ 44,000 $ 44,000 $ 28,000
Warrick, Indiana 1 $ 93,000 $ 93,000 $ 98,000
Crittenden, Kentucky 1 $ 212,000 $ 212,000 $ 46,000
Marshall, Kentucky 1 $ 79,000 $ 79,000 $ 38,000
Webster, Kentucky 1 $ 93,000 $ 93,000 $ 69,000
Ascension, Louisiana 1 $ 158,000 $ 158,000 $ 0
Concordia, Louisiana 1 $ 117,000 $ 117,000 $ 42,000
Grant, Louisiana 1 $ 87,000 $ 87,000 $ 79,000
La Salle, Louisiana 1 $ 81,000 $ 81,000 $ 70,000
St. Landry, Louisiana 1 $ 61,000 $ 61,000 $ 26,000
Tangipahoa, Louisiana 1 $ 95,000 $ 95,000 $ 27,000
Berrien, Michigan 1 $ 267,000 $ 267,000 $ 48,000
Otsego, Michigan 1 $ 80,000 $ 80,000 $ 129,000
Washtenaw, Michigan 1 $ 196,000 $ 196,000 $ 82,000
George, Mississippi 1 $ 120,000 $ 120,000 $ 68,000
Harrison, Mississippi 1 $ 157,000 $ 157,000 $ 52,000
Hinds, Mississippi 1 $ 187,000 $ 187,000 $ 78,000
Lauderdale, Mississippi 1 $ 275,000 $ 275,000 $ 100,000
Lee, Mississippi 1 $ 92,000 $ 92,000 $ 39,000
Monroe, Mississippi 1 $ 57,000 $ 57,000 $ 33,000
Scott, Mississippi 1 $ 147,000 $ 147,000 $ 54,000
Clay, Missouri 1 $ 181,000 $ 181,000 $ 80,000
Jefferson, Missouri 1 $ 188,000 $ 188,000 $ 48,000
Oregon, Missouri 1 $ 61,000 $ 61,000 $ 24,000
Platte, Missouri 1 $ 173,000 $ 173,000 $ 60,000
St. Charles, Missouri 1 $ 232,000 $ 232,000 $ 89,000
St. Louis, Missouri 1 $ 170,000 $ 170,000 $ 0
St. Louis City, Missouri 1 $ 93,000 $ 93,000 $ 29,000
Rio Arriba, New Mexico 1 $ 110,000 $ 110,000 $ 28,000
Sandoval, New Mexico 1 $ 179,000 $ 179,000 $ 60,000
Valencia, New Mexico 1 $ 291,000 $ 291,000 $ 110,000
Garfield, Oklahoma 1 $ 39,000 $ 39,000 $ 24,000
Logan, Oklahoma 1 $ 218,000 $ 218,000 $ 84,000
McClain, Oklahoma 1 $ 149,000 $ 149,000 $ 48,000
Muskogee, Oklahoma 1 $ 89,000 $ 89,000 $ 85,000
Ottawa, Oklahoma 1 $ 135,000 $ 135,000 $ 38,000
Wagoner, Oklahoma 1 $ 147,000 $ 147,000 $ 43,000
Cumberland, Tennessee 1 $ 61,000 $ 61,000 $ 20,000
Davidson, Tennessee 1 $ 149,000 $ 149,000 $ 56,000
Bastrop, Texas 1 $ 218,000 $ 218,000 $ 94,000
Burnet, Texas 1 $ 198,000 $ 198,000 $ 49,000
Cameron, Texas 1 $ 159,000 $ 159,000 $ 93,000
Comal, Texas 1 $ 260,000 $ 260,000 $ 57,000
Guadalupe, Texas 1 $ 76,000 $ 76,000 $ 137,000
Hamilton, Texas 1 $ 88,000 $ 88,000 $ 85,000
Harrison, Texas 1 $ 147,000 $ 147,000 $ 63,000
Hays, Texas 1 $ 132,000 $ 132,000 $ 30,000
Hunt, Texas 1 $ 260,000 $ 260,000 $ 88,000
Jefferson, Texas 1 $ 152,000 $ 152,000 $ 131,000
Jim Wells, Texas 1 $ 186,000 $ 186,000 $ 48,000
Johnson, Texas 1 $ 79,000 $ 79,000 $ 32,000
Llano, Texas 1 $ 248,000 $ 248,000 $ 112,000
Lubbock, Texas 1 $ 73,000 $ 73,000 $ 30,000
Madison, Texas 1 $ 219,000 $ 219,000 $ 107,000
Maverick, Texas 1 $ 83,000 $ 83,000 $ 37,000
McLennan, Texas 1 $ 165,000 $ 165,000 $ 70,000
Medina, Texas 1 $ 284,000 $ 284,000 $ 53,000
Midland, Texas 1 $ 102,000 $ 102,000 $ 49,000
Nueces, Texas 1 $ 118,000 $ 118,000 $ 0
Taylor, Texas 1 $ 320,000 $ 320,000 $ 180,000
Wise, Texas 1 $ 166,000 $ 166,000 $ 0

Mortgage Loan Application Detail Totals for Southwest Funding LP in 2009

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 390 $50,779,000 $130,000 $417,000 $55,000 $325,000
Refinancing 199 $31,270,000 $157,000 $424,000 $66,000 $360,000
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 290 $44,558,000 $153,000 $417,000 $65,000 $360,000
Hispanic 183 $20,854,000 $113,000 $424,000 $49,000 $166,000
Black or African American 63 $7,820,000 $124,000 $333,000 $51,000 $247,000
Not Provided 37 $5,928,000 $160,000 $417,000 $67,000 $325,000
Asian 12 $2,324,000 $193,000 $417,000 $70,000 $139,000
Native Hawaiian or Other Pacific Islander 3 $495,000 $165,000 $196,000 $41,000 $82,000
American Indian or Alaskan Native 1 $70,000 $70,000 $70,000 $16,000 $16,000
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) 444 $58,383,000 $131,000 $424,000 $52,000 $247,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 120 $20,156,000 $167,000 $417,000 $84,000 $360,000
VA-guaranteed (Veterans Administration) 16 $2,664,000 $166,000 $291,000 $63,000 $110,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 9 $846,000 $94,000 $156,000 $34,000 $56,000

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 393 $53,909,000 $137,000 $424,000 $59,000 $360,000
Application Withdrawn By Applicant 62 $8,913,000 $143,000 $417,000 $58,000 $206,000
Application Approved But Not Accepted 59 $9,213,000 $156,000 $417,000 $64,000 $180,000
Application Denied By Financial Institution 52 $6,735,000 $129,000 $328,000 $48,000 $150,000
File Closed For Incompleteness 23 $3,279,000 $142,000 $265,000 $61,000 $144,000
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
Credit History 15 $1,929,000 $128,000 $221,000 $43,000 $96,000
Debt-To-Income Ratio 7 $1,128,000 $161,000 $265,000 $60,000 $115,000
Collateral 7 $729,000 $104,000 $135,000 $46,000 $79,000
Employment History 6 $692,000 $115,000 $276,000 $30,000 $37,000
Other 2 $297,000 $148,000 $157,000 $79,000 $97,000
Unverifiable Information 1 $69,000 $69,000 $69,000 $53,000 $53,000
Credit Application Incomplete 1 $50,000 $50,000 $50,000 $83,000 $83,000
Mortgage Insurance Denied 1 $73,000 $73,000 $73,000 $30,000 $30,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Southwest Funding LP's 2009 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 Southwest Funding LP'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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