Southwest Funding LP Mortgage Lending & HMDA Data, 2013

In 2013, Southwest Funding LP of Dallas, TX reported 970 mortgage applications totaling $153.3 million, up 22% from 2012. The average application was for $158,040, and applicants reported an average income of $67,657. 79% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Dallas-Plano-Irving, TX (162), Austin-Round Rock-San Marcos, TX (106) and Fort Worth-Arlington, TX (62) (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 970
Total Mortgage Loan Application Amount $153,299,000
Average Mortgage Loan Application Amount $158,040
Highest Mortgage Loan Application Amount $880,000
Average Applicant Income $67,657
Highest Applicant Income $818,000

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Act (HMDA) records Southwest Funding LP filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2013

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Dallas, Texas 67 $ 8,746,000 $ 130,537 $ 64,000
Williamson, Texas 52 $ 9,171,000 $ 176,365 $ 71,000
Tarrant, Texas 50 $ 8,329,000 $ 166,580 $ 81,000
Travis, Texas 45 $ 8,116,000 $ 180,355 $ 77,000
Collin, Texas 44 $ 9,582,000 $ 217,772 $ 76,000
Denton, Texas 33 $ 6,527,000 $ 197,787 $ 92,000
Tuscaloosa, Alabama 30 $ 5,080,000 $ 169,333 $ 54,000
DeSoto, Florida 30 $ 3,238,000 $ 107,933 $ 48,000
LaPorte, Indiana 30 $ 3,267,000 $ 108,900 $ 48,000
Jefferson, Louisiana 26 $ 3,719,000 $ 143,038 $ 67,000
Gregg, Texas 21 $ 3,245,000 $ 154,523 $ 64,000
Shelby, Tennessee 20 $ 2,611,000 $ 130,550 $ 56,000
Bexar, Texas 20 $ 2,572,000 $ 128,600 $ 48,000
Burnet, Texas 20 $ 2,985,000 $ 149,250 $ 68,000
Harris, Texas 19 $ 3,117,000 $ 164,052 $ 126,000
Bernalillo, New Mexico 18 $ 3,878,000 $ 215,444 $ 100,000
Harrison, Texas 18 $ 2,875,000 $ 159,722 $ 82,000
St. Tammany, Louisiana 17 $ 3,063,000 $ 180,176 $ 66,000
Monroe, Indiana 14 $ 2,121,000 $ 151,500 $ 54,000
Fort Bend, Texas 14 $ 3,002,000 $ 214,428 $ 110,000
Cameron, Texas 13 $ 1,787,000 $ 137,461 $ 93,000
Hidalgo, Texas 12 $ 1,655,000 $ 137,916 $ 73,000
Oktibbeha, Mississippi 11 $ 1,306,000 $ 118,727 $ 47,000
Ellis, Texas 11 $ 1,878,000 $ 170,727 $ 70,000
Lee, Mississippi 10 $ 1,115,000 $ 111,500 $ 37,000
Eddy, New Mexico 10 $ 1,664,000 $ 166,400 $ 53,000
Upshur, Texas 10 $ 1,345,000 $ 134,500 $ 63,000
Lafayette, Louisiana 9 $ 1,442,000 $ 160,222 $ 61,000
El Paso, Texas 9 $ 1,620,000 $ 180,000 $ 65,000
Nueces, Texas 9 $ 998,000 $ 110,888 $ 34,000
Wilson, Texas 8 $ 1,720,000 $ 215,000 $ 81,000
Parker, Texas 7 $ 1,668,000 $ 238,285 $ 114,000
Sarasota, Florida 6 $ 654,000 $ 109,000 $ 36,000
Ouachita, Louisiana 6 $ 916,000 $ 152,666 $ 46,000
St. Landry, Louisiana 6 $ 867,000 $ 144,500 $ 67,000
DeSoto, Mississippi 6 $ 993,000 $ 165,500 $ 60,000
Madison, Alabama 5 $ 1,234,000 $ 246,800 $ 74,000
Saline, Arkansas 5 $ 999,000 $ 199,800 $ 28,000
Hardee, Florida 5 $ 583,000 $ 116,600 $ 57,000
Orleans, Louisiana 5 $ 1,034,000 $ 206,800 $ 40,000
Tangipahoa, Louisiana 5 $ 817,000 $ 163,400 $ 45,000
Hays, Texas 5 $ 926,000 $ 185,200 $ 68,000
Rusk, Texas 5 $ 860,000 $ 172,000 $ 70,000
Benton, Arkansas 4 $ 498,000 $ 124,500 $ 38,000
Lake, Indiana 4 $ 429,000 $ 107,250 $ 35,000
Marion, Indiana 4 $ 944,000 $ 236,000 $ 82,000
Porter, Indiana 4 $ 390,000 $ 97,500 $ 46,000
Breckinridge, Kentucky 4 $ 592,000 $ 148,000 $ 53,000
Lafourche, Louisiana 4 $ 516,000 $ 129,000 $ 69,000
Hinds, Mississippi 4 $ 438,000 $ 109,500 $ 35,000
Valencia, New Mexico 4 $ 655,000 $ 163,750 $ 62,000
Bastrop, Texas 4 $ 529,000 $ 132,250 $ 51,000
Johnson, Texas 4 $ 546,000 $ 136,500 $ 93,000
Rockwall, Texas 4 $ 859,000 $ 214,750 $ 100,000
Smith, Texas 4 $ 561,000 $ 140,250 $ 89,000
Charlotte, Florida 3 $ 318,000 $ 106,000 $ 47,000
Jackson, Indiana 3 $ 338,000 $ 112,666 $ 48,000
St. Joseph, Indiana 3 $ 436,000 $ 145,333 $ 51,000
Ascension, Louisiana 3 $ 546,000 $ 182,000 $ 53,000
Livingston, Louisiana 3 $ 619,000 $ 206,333 $ 76,000
Wayne, Michigan 3 $ 225,000 $ 75,000 $ 44,000
Rankin, Mississippi 3 $ 390,000 $ 130,000 $ 49,000
Sumner, Tennessee 3 $ 476,000 $ 158,666 $ 49,000
Bee, Texas 3 $ 512,000 $ 170,666 $ 92,000
Brazoria, Texas 3 $ 434,000 $ 144,666 $ 111,000
Kaufman, Texas 3 $ 428,000 $ 142,666 $ 50,000
McLennan, Texas 3 $ 583,000 $ 194,333 $ 95,000
Baldwin, Alabama 2 $ 409,000 $ 204,500 $ 63,000
Hale, Alabama 2 $ 384,000 $ 192,000 $ 51,000
Shelby, Alabama 2 $ 282,000 $ 141,000 $ 50,000
Garland, Arkansas 2 $ 355,000 $ 177,500 $ 86,000
Highlands, Florida 2 $ 208,000 $ 104,000 $ 50,000
Palm Beach, Florida 2 $ 254,000 $ 127,000 $ 33,000
Jasper, Indiana 2 $ 285,000 $ 142,500 $ 61,000
Morgan, Indiana 2 $ 244,000 $ 122,000 $ 56,000
Owen, Indiana 2 $ 268,000 $ 134,000 $ 30,000
McCracken, Kentucky 2 $ 163,000 $ 81,500 $ 35,000
St. Charles, Louisiana 2 $ 254,000 $ 127,000 $ 40,000
St. Martin, Louisiana 2 $ 384,000 $ 192,000 $ 63,000
West Baton Rouge, Louisiana 2 $ 298,000 $ 149,000 $ 44,000
Lincoln, New Mexico 2 $ 435,000 $ 217,500 $ 145,000
Santa Fe, New Mexico 2 $ 250,000 $ 125,000 $ 75,000
Montgomery, Tennessee 2 $ 357,000 $ 178,500 $ 46,000
Atascosa, Texas 2 $ 350,000 $ 175,000 $ 71,000
Bell, Texas 2 $ 677,000 $ 338,500 $ 99,000
Brazos, Texas 2 $ 273,000 $ 136,500 $ 112,000
Llano, Texas 2 $ 213,000 $ 106,500 $ 127,000
Coffee, Alabama 1 $ 86,000 $ 86,000 $ 85,000
Colbert, Alabama 1 $ 76,000 $ 76,000 $ 25,000
Cullman, Alabama 1 $ 83,000 $ 83,000 $ 25,000
Etowah, Alabama 1 $ 149,000 $ 149,000 $ 41,000
Jefferson, Alabama 1 $ 129,000 $ 129,000 $ 90,000
Marengo, Alabama 1 $ 70,000 $ 70,000 $ 23,000
Marion, Alabama 1 $ 149,000 $ 149,000 $ 60,000
Perry, Alabama 1 $ 118,000 $ 118,000 $ 53,000
Tallapoosa, Alabama 1 $ 233,000 $ 233,000 $ 60,000
Boone, Arkansas 1 $ 186,000 $ 186,000 $ 126,000
Clark, Arkansas 1 $ 55,000 $ 55,000 $ 0
Crittenden, Arkansas 1 $ 65,000 $ 65,000 $ 38,000
Grant, Arkansas 1 $ 93,000 $ 93,000 $ 38,000
Lonoke, Arkansas 1 $ 112,000 $ 112,000 $ 32,000
Madison, Arkansas 1 $ 186,000 $ 186,000 $ 18,000
Sebastian, Arkansas 1 $ 90,000 $ 90,000 $ 28,000
Washington, Arkansas 1 $ 132,000 $ 132,000 $ 95,000
Broward, Florida 1 $ 118,000 $ 118,000 $ 48,000
Hendry, Florida 1 $ 119,000 $ 119,000 $ 36,000
Lee, Florida 1 $ 73,000 $ 73,000 $ 26,000
Polk, Florida 1 $ 84,000 $ 84,000 $ 11,000
St. Lucie, Florida 1 $ 120,000 $ 120,000 $ 36,000
Boone, Indiana 1 $ 276,000 $ 276,000 $ 84,000
Greene, Indiana 1 $ 51,000 $ 51,000 $ 30,000
Hamilton, Indiana 1 $ 156,000 $ 156,000 $ 42,000
Johnson, Indiana 1 $ 299,000 $ 299,000 $ 168,000
Newton, Indiana 1 $ 137,000 $ 137,000 $ 81,000
Vanderburgh, Indiana 1 $ 97,000 $ 97,000 $ 43,000
Bullitt, Kentucky 1 $ 100,000 $ 100,000 $ 55,000
Daviess, Kentucky 1 $ 102,000 $ 102,000 $ 54,000
Graves, Kentucky 1 $ 167,000 $ 167,000 $ 70,000
Jefferson, Kentucky 1 $ 88,000 $ 88,000 $ 63,000
Kenton, Kentucky 1 $ 111,000 $ 111,000 $ 35,000
Lyon, Kentucky 1 $ 123,000 $ 123,000 $ 85,000
Madison, Kentucky 1 $ 96,000 $ 96,000 $ 23,000
Iberia, Louisiana 1 $ 139,000 $ 139,000 $ 28,000
Iberville, Louisiana 1 $ 92,000 $ 92,000 $ 81,000
Morehouse, Louisiana 1 $ 62,000 $ 62,000 $ 35,000
Pointe Coupee, Louisiana 1 $ 144,000 $ 144,000 $ 31,000
St. John the Baptist, Louisiana 1 $ 287,000 $ 287,000 $ 220,000
Union, Louisiana 1 $ 117,000 $ 117,000 $ 143,000
Vermilion, Louisiana 1 $ 147,000 $ 147,000 $ 44,000
Chickasaw, Mississippi 1 $ 73,000 $ 73,000 $ 34,000
Claiborne, Mississippi 1 $ 117,000 $ 117,000 $ 0
Harrison, Mississippi 1 $ 149,000 $ 149,000 $ 43,000
Lamar, Mississippi 1 $ 97,000 $ 97,000 $ 37,000
Lowndes, Mississippi 1 $ 136,000 $ 136,000 $ 61,000
Marion, Mississippi 1 $ 210,000 $ 210,000 $ 157,000
Prentiss, Mississippi 1 $ 55,000 $ 55,000 $ 37,000
Torrance, New Mexico 1 $ 194,000 $ 194,000 $ 126,000
Cleveland, Oklahoma 1 $ 411,000 $ 411,000 $ 116,000
Oklahoma, Oklahoma 1 $ 276,000 $ 276,000 $ 95,000
Pawnee, Oklahoma 1 $ 62,000 $ 62,000 $ 33,000
Blount, Tennessee 1 $ 114,000 $ 114,000 $ 28,000
Carroll, Tennessee 1 $ 118,000 $ 118,000 $ 0
Fayette, Tennessee 1 $ 165,000 $ 165,000 $ 80,000
Anderson, Texas 1 $ 147,000 $ 147,000 $ 191,000
Angelina, Texas 1 $ 352,000 $ 352,000 $ 292,000
Bandera, Texas 1 $ 113,000 $ 113,000 $ 32,000
Comal, Texas 1 $ 272,000 $ 272,000 $ 53,000
Comanche, Texas 1 $ 88,000 $ 88,000 $ 58,000
Cooke, Texas 1 $ 53,000 $ 53,000 $ 21,000
Ector, Texas 1 $ 226,000 $ 226,000 $ 69,000
Henderson, Texas 1 $ 130,000 $ 130,000 $ 28,000
Kendall, Texas 1 $ 195,000 $ 195,000 $ 85,000
Lampasas, Texas 1 $ 91,000 $ 91,000 $ 46,000
Lubbock, Texas 1 $ 264,000 $ 264,000 $ 68,000
Marion, Texas 1 $ 101,000 $ 101,000 $ 45,000
Midland, Texas 1 $ 224,000 $ 224,000 $ 45,000
Nolan, Texas 1 $ 78,000 $ 78,000 $ 33,000
Panola, Texas 1 $ 190,000 $ 190,000 $ 86,000
Rains, Texas 1 $ 297,000 $ 297,000 $ 96,000
Randall, Texas 1 $ 87,000 $ 87,000 $ 48,000
Refugio, Texas 1 $ 81,000 $ 81,000 $ 45,000
San Patricio, Texas 1 $ 104,000 $ 104,000 $ 55,000
Scurry, Texas 1 $ 131,000 $ 131,000 $ 40,000
Victoria, Texas 1 $ 201,000 $ 201,000 $ 56,000
Wharton, Texas 1 $ 86,000 $ 86,000 $ 39,000
Wichita, Texas 1 $ 96,000 $ 96,000 $ 123,000
Wise, Texas 1 $ 268,000 $ 268,000 $ 200,000

Mortgage Loan Application Detail Totals for Southwest Funding LP 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 747 $115,722,000 $154,000 $426,000 $67,000 $818,000
Refinancing 222 $37,458,000 $168,000 $880,000 $70,000 $509,000
Home Improvement 1 $119,000 $119,000 $119,000 $39,000 $39,000

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 598 $98,357,000 $164,000 $656,000 $73,000 $818,000
Hispanic 207 $27,987,000 $135,000 $346,000 $56,000 $421,000
Black or African American 114 $17,032,000 $149,000 $442,000 $50,000 $126,000
Not Provided 26 $5,921,000 $227,000 $880,000 $115,000 $509,000
Asian 21 $3,266,000 $155,000 $341,000 $65,000 $170,000
American Indian or Alaskan Native 3 $665,000 $221,000 $295,000 $112,000 $161,000
Native Hawaiian or Other Pacific Islander 1 $71,000 $71,000 $71,000 $48,000 $48,000
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) 483 $68,686,000 $142,000 $329,000 $57,000 $429,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 275 $52,098,000 $189,000 $880,000 $100,000 $818,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 130 $16,456,000 $126,000 $284,000 $42,000 $90,000
VA-guaranteed (Veterans Administration) 82 $16,059,000 $195,000 $442,000 $65,000 $170,000

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 765 $123,039,000 $160,000 $880,000 $71,000 $818,000
Application Approved But Not Accepted 71 $10,750,000 $151,000 $442,000 $58,000 $170,000
Application Denied By Financial Institution 54 $7,904,000 $146,000 $315,000 $59,000 $417,000
Application Withdrawn By Applicant 51 $7,079,000 $138,000 $265,000 $46,000 $90,000
File Closed For Incompleteness 29 $4,527,000 $156,000 $426,000 $56,000 $220,000
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 14 $1,967,000 $140,000 $254,000 $77,000 $417,000
Debt-To-Income Ratio 13 $2,074,000 $159,000 $315,000 $46,000 $78,000
Collateral 6 $707,000 $117,000 $193,000 $63,000 $93,000
Other 4 $586,000 $146,000 $212,000 $66,000 $81,000
Unverifiable Information 3 $551,000 $183,000 $268,000 $93,000 $200,000
Employment History 2 $388,000 $194,000 $258,000 $55,000 $63,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Southwest Funding LP'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 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.
For a list of all lenders in Texas, download the full spreadsheet with aggregated HMDA statistics today.

Download the Texas Lender List