Southwest Funding LP Mortgage Lending & HMDA Data, 2018

In 2018, Southwest Funding LP of Dallas, TX reported 1,615 mortgage applications totaling $293.9 million, down 61% from 2017. The average application was for $181,953, and applicants reported an average income of $73,116. 86% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Dallas-Plano-Irving, TX (195), New Orleans-Metairie, LA (159) and San Antonio-New Braunfels, TX (104) (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 1,615
Total Mortgage Loan Application Amount $293,855,000
Average Mortgage Loan Application Amount $181,953
Highest Mortgage Loan Application Amount $795,000
Average Applicant Income $73,116
Highest Applicant Income $1,308,000

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Act (HMDA) records Southwest Funding LP filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2018

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Dallas, Texas 109 $ 18,935,000 $ 173,715 $ 80,000
Bexar, Texas 95 $ 15,695,000 $ 165,210 $ 67,000
Jefferson, Louisiana 80 $ 14,200,000 $ 177,500 $ 60,000
Tuscaloosa, Alabama 72 $ 12,240,000 $ 170,000 $ 60,000
Webb, Texas 59 $ 11,285,000 $ 191,271 $ 68,000
Tarrant, Texas 55 $ 11,475,000 $ 208,636 $ 87,000
Williamson, Texas 53 $ 12,065,000 $ 227,641 $ 99,000
Shelby, Tennessee 51 $ 7,765,000 $ 152,254 $ 55,000
Bernalillo, New Mexico 49 $ 10,935,000 $ 223,163 $ 87,000
El Paso, Texas 48 $ 6,480,000 $ 135,000 $ 62,000
Lea, New Mexico 46 $ 8,610,000 $ 187,173 $ 83,000
Palm Beach, Florida 38 $ 7,980,000 $ 210,000 $ 53,000
Orleans, Louisiana 34 $ 5,890,000 $ 173,235 $ 61,000
Burnet, Texas 33 $ 7,005,000 $ 212,272 $ 81,000
Denton, Texas 30 $ 8,050,000 $ 268,333 $ 121,000
Travis, Texas 29 $ 6,965,000 $ 240,172 $ 108,000
Collin, Texas 23 $ 6,135,000 $ 266,739 $ 106,000
Jefferson, Alabama 21 $ 3,355,000 $ 159,761 $ 61,000
Crittenden, Arkansas 20 $ 3,070,000 $ 153,500 $ 45,000
Ellis, Texas 18 $ 4,510,000 $ 250,555 $ 87,000
St. John the Baptist, Louisiana 15 $ 2,375,000 $ 158,333 $ 58,000
Sandoval, New Mexico 15 $ 3,805,000 $ 253,666 $ 146,000
Hamilton, Tennessee 14 $ 2,440,000 $ 174,285 $ 70,000
Harris, Texas 14 $ 2,740,000 $ 195,714 $ 85,000
St. Tammany, Louisiana 13 $ 1,985,000 $ 152,692 $ 60,000
Knox, Tennessee 13 $ 1,885,000 $ 145,000 $ 60,000
Midland, Texas 13 $ 2,855,000 $ 219,615 $ 77,000
Ector, Texas 12 $ 2,460,000 $ 205,000 $ 95,000
Roane, Tennessee 11 $ 1,455,000 $ 132,272 $ 43,000
Bell, Texas 11 $ 1,715,000 $ 155,909 $ 63,000
Shelby, Alabama 10 $ 2,100,000 $ 210,000 $ 72,000
Tangipahoa, Louisiana 10 $ 1,800,000 $ 180,000 $ 72,000
Davidson, Tennessee 10 $ 2,170,000 $ 217,000 $ 59,000
Ouachita, Louisiana 9 $ 2,625,000 $ 291,666 $ 103,000
St. Bernard, Louisiana 9 $ 1,445,000 $ 160,555 $ 63,000
DeSoto, Mississippi 9 $ 1,845,000 $ 205,000 $ 77,000
Marion, Indiana 8 $ 990,000 $ 123,750 $ 45,000
Rutherford, Tennessee 8 $ 1,890,000 $ 236,250 $ 75,000
Kaufman, Texas 8 $ 1,720,000 $ 215,000 $ 80,000
Blount, Tennessee 7 $ 1,585,000 $ 226,428 $ 82,000
Cheatham, Tennessee 7 $ 1,495,000 $ 213,571 $ 82,000
St. Charles, Louisiana 6 $ 1,150,000 $ 191,666 $ 79,000
Bradley, Tennessee 6 $ 790,000 $ 131,666 $ 46,000
Coffee, Tennessee 6 $ 850,000 $ 141,666 $ 48,000
Montgomery, Tennessee 6 $ 980,000 $ 163,333 $ 50,000
Guadalupe, Texas 6 $ 1,250,000 $ 208,333 $ 89,000
Lampasas, Texas 6 $ 960,000 $ 160,000 $ 61,000
Rockwall, Texas 6 $ 1,450,000 $ 241,666 $ 122,000
Val Verde, Texas 6 $ 770,000 $ 128,333 $ 45,000
Orange, Florida 5 $ 1,015,000 $ 203,000 $ 53,000
Valencia, New Mexico 5 $ 765,000 $ 153,000 $ 59,000
Anderson, Tennessee 5 $ 695,000 $ 139,000 $ 60,000
Claiborne, Tennessee 5 $ 485,000 $ 97,000 $ 36,000
Cocke, Tennessee 5 $ 735,000 $ 147,000 $ 54,000
Maury, Tennessee 5 $ 855,000 $ 171,000 $ 59,000
Sevier, Tennessee 5 $ 775,000 $ 155,000 $ 50,000
Sumner, Tennessee 5 $ 755,000 $ 151,000 $ 57,000
Hays, Texas 5 $ 1,015,000 $ 203,000 $ 90,000
Parker, Texas 5 $ 1,275,000 $ 255,000 $ 113,000
Hale, Alabama 4 $ 540,000 $ 135,000 $ 46,000
Jefferson, Kentucky 4 $ 620,000 $ 155,000 $ 67,000
Caddo, Louisiana 4 $ 450,000 $ 112,500 $ 64,000
East Baton Rouge, Louisiana 4 $ 530,000 $ 132,500 $ 64,000
Eddy, New Mexico 4 $ 980,000 $ 245,000 $ 115,000
Marion, Tennessee 4 $ 500,000 $ 125,000 $ 181,000
McMinn, Tennessee 4 $ 580,000 $ 145,000 $ 65,000
Obion, Tennessee 4 $ 410,000 $ 102,500 $ 53,000
Sullivan, Tennessee 4 $ 360,000 $ 90,000 $ 46,000
Montgomery, Texas 4 $ 890,000 $ 222,500 $ 134,000
Nueces, Texas 4 $ 840,000 $ 210,000 $ 76,000
Calhoun, Alabama 3 $ 495,000 $ 165,000 $ 55,000
Mobile, Alabama 3 $ 485,000 $ 161,666 $ 55,000
Marion, Florida 3 $ 635,000 $ 211,666 $ 58,000
Hopkins, Kentucky 3 $ 275,000 $ 91,666 $ 27,000
Warren, Kentucky 3 $ 395,000 $ 131,666 $ 38,000
Macomb, Michigan 3 $ 355,000 $ 118,333 $ 37,000
Oakland, Michigan 3 $ 615,000 $ 205,000 $ 57,000
Wayne, Michigan 3 $ 315,000 $ 105,000 $ 34,000
Spartanburg, South Carolina 3 $ 385,000 $ 128,333 $ 43,000
Carroll, Tennessee 3 $ 335,000 $ 111,666 $ 59,000
Dickson, Tennessee 3 $ 455,000 $ 151,666 $ 58,000
Loudon, Tennessee 3 $ 445,000 $ 148,333 $ 55,000
Monroe, Tennessee 3 $ 415,000 $ 138,333 $ 48,000
Smith, Tennessee 3 $ 315,000 $ 105,000 $ 50,000
Warren, Tennessee 3 $ 345,000 $ 115,000 $ 50,000
Llano, Texas 3 $ 585,000 $ 195,000 $ 103,000
McLennan, Texas 3 $ 595,000 $ 198,333 $ 101,000
Wise, Texas 3 $ 875,000 $ 291,666 $ 106,000
El Paso, Colorado 2 $ 460,000 $ 230,000 $ 110,000
Osceola, Florida 2 $ 390,000 $ 195,000 $ 50,000
Allen, Indiana 2 $ 370,000 $ 185,000 $ 65,000
Elkhart, Indiana 2 $ 250,000 $ 125,000 $ 31,000
Hamilton, Indiana 2 $ 630,000 $ 315,000 $ 124,000
St. Joseph, Indiana 2 $ 160,000 $ 80,000 $ 27,000
Adair, Kentucky 2 $ 190,000 $ 95,000 $ 28,000
Casey, Kentucky 2 $ 180,000 $ 90,000 $ 34,000
Christian, Kentucky 2 $ 150,000 $ 75,000 $ 19,000
Graves, Kentucky 2 $ 170,000 $ 85,000 $ 32,000
Kenton, Kentucky 2 $ 250,000 $ 125,000 $ 23,000
Meade, Kentucky 2 $ 460,000 $ 230,000 $ 79,000
Simpson, Kentucky 2 $ 210,000 $ 105,000 $ 31,000
Ascension, Louisiana 2 $ 510,000 $ 255,000 $ 52,000
Lafayette, Louisiana 2 $ 250,000 $ 125,000 $ 60,000
St. James, Louisiana 2 $ 520,000 $ 260,000 $ 158,000
St. Landry, Louisiana 2 $ 300,000 $ 150,000 $ 56,000
Genesee, Michigan 2 $ 140,000 $ 70,000 $ 38,000
Colfax, New Mexico 2 $ 600,000 $ 300,000 $ 1,244,000
Dona Ana, New Mexico 2 $ 260,000 $ 130,000 $ 44,000
Santa Fe, New Mexico 2 $ 480,000 $ 240,000 $ 159,000
Anderson, South Carolina 2 $ 320,000 $ 160,000 $ 53,000
Campbell, Tennessee 2 $ 230,000 $ 115,000 $ 34,000
Fentress, Tennessee 2 $ 400,000 $ 200,000 $ 101,000
Gibson, Tennessee 2 $ 180,000 $ 90,000 $ 56,000
Greene, Tennessee 2 $ 240,000 $ 120,000 $ 63,000
Henderson, Tennessee 2 $ 220,000 $ 110,000 $ 45,000
Henry, Tennessee 2 $ 320,000 $ 160,000 $ 40,000
Macon, Tennessee 2 $ 240,000 $ 120,000 $ 71,000
Madison, Tennessee 2 $ 190,000 $ 95,000 $ 33,000
Rhea, Tennessee 2 $ 250,000 $ 125,000 $ 52,000
Trousdale, Tennessee 2 $ 360,000 $ 180,000 $ 57,000
Williamson, Tennessee 2 $ 800,000 $ 400,000 $ 158,000
Anderson, Texas 2 $ 260,000 $ 130,000 $ 58,000
Bastrop, Texas 2 $ 420,000 $ 210,000 $ 51,000
Caldwell, Texas 2 $ 370,000 $ 185,000 $ 97,000
Comal, Texas 2 $ 550,000 $ 275,000 $ 96,000
Galveston, Texas 2 $ 630,000 $ 315,000 $ 126,000
Gregg, Texas 2 $ 270,000 $ 135,000 $ 85,000
Rusk, Texas 2 $ 120,000 $ 60,000 $ 28,000
Taylor, Texas 2 $ 480,000 $ 240,000 $ 85,000
Baldwin, Alabama 1 $ 305,000 $ 305,000 $ 176,000
Colbert, Alabama 1 $ 115,000 $ 115,000 $ 26,000
Escambia, Alabama 1 $ 95,000 $ 95,000 $ 44,000
Marengo, Alabama 1 $ 65,000 $ 65,000 $ 55,000
St. Clair, Alabama 1 $ 145,000 $ 145,000 $ 75,000
Columbia, Arkansas 1 $ 275,000 $ 275,000 $ 68,000
Craighead, Arkansas 1 $ 145,000 $ 145,000 $ 38,000
Faulkner, Arkansas 1 $ 145,000 $ 145,000 $ 47,000
Pulaski, Arkansas 1 $ 95,000 $ 95,000 $ 23,000
St. Francis, Arkansas 1 $ 165,000 $ 165,000 $ 40,000
Arapahoe, Colorado 1 $ 15,000 $ 15,000 $ 59,000
Garfield, Colorado 1 $ 165,000 $ 165,000 $ 60,000
Jefferson, Colorado 1 $ 365,000 $ 365,000 $ 98,000
Montrose, Colorado 1 $ 265,000 $ 265,000 $ 81,000
Pueblo, Colorado 1 $ 115,000 $ 115,000 $ 57,000
Teller, Colorado 1 $ 455,000 $ 455,000 $ 124,000
Weld, Colorado 1 $ 15,000 $ 15,000 $ 76,000
Broward, Florida 1 $ 155,000 $ 155,000 $ 50,000
Escambia, Florida 1 $ 135,000 $ 135,000 $ 55,000
Hernando, Florida 1 $ 135,000 $ 135,000 $ 67,000
Lee, Florida 1 $ 185,000 $ 185,000 $ 47,000
Okaloosa, Florida 1 $ 205,000 $ 205,000 $ 14,000
Pasco, Florida 1 $ 235,000 $ 235,000 $ 75,000
St. Lucie, Florida 1 $ 245,000 $ 245,000 $ 50,000
Volusia, Florida 1 $ 125,000 $ 125,000 $ 46,000
Boone, Indiana 1 $ 145,000 $ 145,000 $ 75,000
Floyd, Indiana 1 $ 95,000 $ 95,000 $ 53,000
Fulton, Indiana 1 $ 95,000 $ 95,000 $ 13,000
Hancock, Indiana 1 $ 215,000 $ 215,000 $ 75,000
Huntington, Indiana 1 $ 135,000 $ 135,000 $ 59,000
LaGrange, Indiana 1 $ 75,000 $ 75,000 $ 38,000
Madison, Indiana 1 $ 55,000 $ 55,000 $ 30,000
Morgan, Indiana 1 $ 155,000 $ 155,000 $ 48,000
Wells, Indiana 1 $ 125,000 $ 125,000 $ 46,000
Allen, Kentucky 1 $ 135,000 $ 135,000 $ 41,000
Ballard, Kentucky 1 $ 85,000 $ 85,000 $ 23,000
Boone, Kentucky 1 $ 95,000 $ 95,000 $ 86,000
Boyd, Kentucky 1 $ 75,000 $ 75,000 $ 37,000
Calloway, Kentucky 1 $ 125,000 $ 125,000 $ 65,000
Carlisle, Kentucky 1 $ 85,000 $ 85,000 $ 42,000
Daviess, Kentucky 1 $ 155,000 $ 155,000 $ 39,000
Franklin, Kentucky 1 $ 135,000 $ 135,000 $ 75,000
Garrard, Kentucky 1 $ 115,000 $ 115,000 $ 60,000
Green, Kentucky 1 $ 125,000 $ 125,000 $ 50,000
Hardin, Kentucky 1 $ 175,000 $ 175,000 $ 90,000
Henry, Kentucky 1 $ 115,000 $ 115,000 $ 42,000
Jessamine, Kentucky 1 $ 95,000 $ 95,000 $ 40,000
Laurel, Kentucky 1 $ 135,000 $ 135,000 $ 41,000
Logan, Kentucky 1 $ 75,000 $ 75,000 $ 39,000
Madison, Kentucky 1 $ 155,000 $ 155,000 $ 37,000
Marion, Kentucky 1 $ 185,000 $ 185,000 $ 60,000
Montgomery, Kentucky 1 $ 125,000 $ 125,000 $ 58,000
Nelson, Kentucky 1 $ 145,000 $ 145,000 $ 43,000
Oldham, Kentucky 1 $ 165,000 $ 165,000 $ 51,000
Powell, Kentucky 1 $ 75,000 $ 75,000 $ 30,000
Pulaski, Kentucky 1 $ 185,000 $ 185,000 $ 49,000
Taylor, Kentucky 1 $ 165,000 $ 165,000 $ 75,000
Todd, Kentucky 1 $ 95,000 $ 95,000 $ 48,000
Washington, Kentucky 1 $ 145,000 $ 145,000 $ 56,000
Wayne, Kentucky 1 $ 105,000 $ 105,000 $ 67,000
Whitley, Kentucky 1 $ 95,000 $ 95,000 $ 25,000
Beauregard, Louisiana 1 $ 145,000 $ 145,000 $ 33,000
Franklin, Louisiana 1 $ 285,000 $ 285,000 $ 106,000
Iberia, Louisiana 1 $ 115,000 $ 115,000 $ 63,000
Lafourche, Louisiana 1 $ 155,000 $ 155,000 $ 81,000
Livingston, Louisiana 1 $ 315,000 $ 315,000 $ 126,000
St. Mary, Louisiana 1 $ 115,000 $ 115,000 $ 40,000
Branch, Michigan 1 $ 145,000 $ 145,000 $ 60,000
Calhoun, Michigan 1 $ 95,000 $ 95,000 $ 59,000
Cass, Michigan 1 $ 95,000 $ 95,000 $ 57,000
Kalamazoo, Michigan 1 $ 255,000 $ 255,000 $ 59,000
Lapeer, Michigan 1 $ 115,000 $ 115,000 $ 29,000
Manistee, Michigan 1 $ 155,000 $ 155,000 $ 91,000
Saginaw, Michigan 1 $ 105,000 $ 105,000 $ 31,000
St. Clair, Michigan 1 $ 395,000 $ 395,000 $ 69,000
Tuscola, Michigan 1 $ 65,000 $ 65,000 $ 34,000
Washtenaw, Michigan 1 $ 255,000 $ 255,000 $ 89,000
Lafayette, Missouri 1 $ 245,000 $ 245,000 $ 72,000
Curry, New Mexico 1 $ 65,000 $ 65,000 $ 36,000
Cuyahoga, Ohio 1 $ 205,000 $ 205,000 $ 62,000
Muskingum, Ohio 1 $ 115,000 $ 115,000 $ 47,000
Comanche, Oklahoma 1 $ 235,000 $ 235,000 $ 237,000
Chesterfield, South Carolina 1 $ 135,000 $ 135,000 $ 55,000
Greenville, South Carolina 1 $ 135,000 $ 135,000 $ 34,000
Lancaster, South Carolina 1 $ 175,000 $ 175,000 $ 60,000
Laurens, South Carolina 1 $ 145,000 $ 145,000 $ 42,000
Lexington, South Carolina 1 $ 205,000 $ 205,000 $ 68,000
Bedford, Tennessee 1 $ 175,000 $ 175,000 $ 114,000
Benton, Tennessee 1 $ 85,000 $ 85,000 $ 37,000
Crockett, Tennessee 1 $ 105,000 $ 105,000 $ 52,000
Cumberland, Tennessee 1 $ 135,000 $ 135,000 $ 43,000
DeKalb, Tennessee 1 $ 135,000 $ 135,000 $ 40,000
Dyer, Tennessee 1 $ 65,000 $ 65,000 $ 34,000
Fayette, Tennessee 1 $ 185,000 $ 185,000 $ 63,000
Franklin, Tennessee 1 $ 75,000 $ 75,000 $ 38,000
Hamblen, Tennessee 1 $ 145,000 $ 145,000 $ 48,000
Hawkins, Tennessee 1 $ 115,000 $ 115,000 $ 84,000
Humphreys, Tennessee 1 $ 85,000 $ 85,000 $ 35,000
Jefferson, Tennessee 1 $ 105,000 $ 105,000 $ 41,000
Lawrence, Tennessee 1 $ 95,000 $ 95,000 $ 35,000
Marshall, Tennessee 1 $ 195,000 $ 195,000 $ 67,000
Putnam, Tennessee 1 $ 75,000 $ 75,000 $ 44,000
Robertson, Tennessee 1 $ 185,000 $ 185,000 $ 94,000
Unicoi, Tennessee 1 $ 155,000 $ 155,000 $ 71,000
Washington, Tennessee 1 $ 125,000 $ 125,000 $ 68,000
Angelina, Texas 1 $ 245,000 $ 245,000 $ 100,000
Brazoria, Texas 1 $ 325,000 $ 325,000 $ 84,000
Brazos, Texas 1 $ 105,000 $ 105,000 $ 46,000
Brown, Texas 1 $ 115,000 $ 115,000 $ 58,000
Colorado, Texas 1 $ 115,000 $ 115,000 $ 42,000
Erath, Texas 1 $ 145,000 $ 145,000 $ 57,000
Fort Bend, Texas 1 $ 205,000 $ 205,000 $ 67,000
Gray, Texas 1 $ 115,000 $ 115,000 $ 45,000
Grayson, Texas 1 $ 145,000 $ 145,000 $ 103,000
Hardin, Texas 1 $ 275,000 $ 275,000 $ 103,000
Henderson, Texas 1 $ 145,000 $ 145,000 $ 55,000
Hopkins, Texas 1 $ 125,000 $ 125,000 $ 54,000
Hunt, Texas 1 $ 105,000 $ 105,000 $ 63,000
Johnson, Texas 1 $ 265,000 $ 265,000 $ 123,000
Liberty, Texas 1 $ 75,000 $ 75,000 $ 90,000
Navarro, Texas 1 $ 175,000 $ 175,000 $ 40,000
Pecos, Texas 1 $ 185,000 $ 185,000 $ 113,000
Red River, Texas 1 $ 95,000 $ 95,000 $ 39,000
Refugio, Texas 1 $ 85,000 $ 85,000 $ 56,000
Somervell, Texas 1 $ 245,000 $ 245,000 $ 75,000
Titus, Texas 1 $ 235,000 $ 235,000 $ 82,000
Tom Green, Texas 1 $ 165,000 $ 165,000 $ 60,000
Upshur, Texas 1 $ 65,000 $ 65,000 $ 23,000
Wilson, Texas 1 $ 285,000 $ 285,000 $ 157,000

Mortgage Loan Application Detail Totals for Southwest Funding LP in 2018

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 1,430 $258,790,000 $180,000 $755,000 $72,000 $1,308,000
Cash-out Refinancing 114 $20,190,000 $177,000 $465,000 $71,000 $218,000
Refinancing 71 $14,875,000 $209,000 $795,000 $99,000 $528,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 645 $123,155,000 $190,000 $795,000 $84,000 $1,308,000
Hispanic 502 $87,420,000 $174,000 $455,000 $70,000 $528,000
Black or African American 398 $69,910,000 $175,000 $445,000 $60,000 $210,000
Asian 28 $5,660,000 $202,000 $455,000 $91,000 $345,000
Not Provided 25 $4,555,000 $182,000 $655,000 $75,000 $304,000
Not applicable 9 $1,965,000 $218,000 $425,000 $96,000 $297,000
American Indian or Alaskan Native 6 $870,000 $145,000 $225,000 $48,000 $64,000
Native Hawaiian or Other Pacific Islander 2 $320,000 $160,000 $175,000 $68,000 $77,000

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
FHA-insured (Federal Housing Administration) 918 $152,470,000 $166,000 $465,000 $60,000 $237,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 510 $107,970,000 $211,000 $795,000 $101,000 $1,308,000
VA-guaranteed (Veterans Administration) 102 $21,200,000 $207,000 $465,000 $74,000 $205,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 85 $12,215,000 $143,000 $395,000 $51,000 $85,000

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 1,395 $256,195,000 $183,000 $755,000 $75,000 $1,308,000
File Closed For Incompleteness 106 $18,350,000 $173,000 $465,000 $61,000 $358,000
Application Withdrawn By Applicant 57 $8,745,000 $153,000 $345,000 $63,000 $528,000
Application Denied By Financial Institution 35 $6,355,000 $181,000 $795,000 $58,000 $291,000
Application Approved But Not Accepted 22 $4,210,000 $191,000 $655,000 $68,000 $304,000
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
Not applicable 1,580 $287,500,000 $181,000 $755,000 $74,000 $1,308,000
Debt-To-Income Ratio 8 $2,050,000 $256,000 $795,000 $63,000 $291,000
Other 6 $940,000 $156,000 $225,000 $71,000 $122,000
Collateral 5 $1,035,000 $207,000 $285,000 $75,000 $93,000
Credit History 5 $735,000 $147,000 $175,000 $51,000 $83,000
Employment History 4 $400,000 $100,000 $115,000 $20,000 $30,000
Unverifiable Information 3 $615,000 $205,000 $325,000 $62,000 $84,000
Credit Application Incomplete 2 $310,000 $155,000 $235,000 $55,000 $73,000
Insufficient Cash (Downpayment, Closing Cost) 2 $270,000 $135,000 $135,000 $52,000 $61,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Southwest Funding LP's 2018 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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