Town & Country Credit Mortgage Lending & HMDA Data, 2003
In 2003, Town & Country Credit of Irvine, CA reported 134,365 mortgage applications totaling $23.2 billion. The average application was for $172,377, and applicants reported an average income of $74,026. 10% of its applications resulted in an originated loan and 45% were denied. Its largest markets were Los Angeles-Long Beach, CA (15,702), Chicago, IL (13,087) and Minneapolis-St. Paul, MN-WI (11,577) (applications in parentheses).
| Mortgage Company & Address | Town & Country Credit 2010 Main Street, Suite 800 Irvine, CA 92614 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 134,365 |
| Total Mortgage Loan Application Amount | $23,161,519,000 |
| Average Mortgage Loan Application Amount | $172,377 |
| Highest Mortgage Loan Application Amount | $5,000,000 |
| Average Applicant Income | $74,026 |
| Highest Applicant Income | $996,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Town & Country Credit filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for Town & Country Credit in 2003
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 (home purchase or home improvement, one-to-four family) | 128,587 | $22,211,189,000 | $135,288 | $5,000,000 | $69,177 | $996,000 |
| Home Purchase (one-to-four family) | 5,778 | $950,330,000 | $134,290 | $1,000,000 | $68,741 | $787,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 0 | $0 | $0 | $0 | $0 | $0 |
| Home Improvement (one-to-four family) | 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 | 84,214 | $14,382,129,000 | $128,837 | $4,000,000 | $67,953 | $996,000 |
| Hispanic | 21,937 | $3,726,529,000 | $136,928 | $3,000,000 | $62,357 | $960,000 |
| Black | 12,126 | $1,765,136,000 | $129,218 | $1,000,000 | $71,562 | $972,000 |
| Asian or Pacific Islander | 5,508 | $1,240,922,000 | $169,857 | $1,000,000 | $69,857 | $996,000 |
| Other | 5,273 | $1,010,261,000 | $135,428 | $5,000,000 | $75,714 | $964,000 |
| Information not provided by applicant in mail or telephone application | 4,564 | $909,321,000 | $157,121 | $903,000 | $81,424 | $900,000 |
| American Indian or Alaskan Native | 743 | $127,221,000 | $156,954 | $2,000,000 | $61,363 | $768,000 |
| 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) | 134,365 | $23,161,519,000 | $135,933 | $5,000,000 | $68,555 | $996,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 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 |
|---|---|---|---|---|---|---|
| Application Denied By Financial Institution | 60,524 | $9,845,421,000 | $119,214 | $5,000,000 | $63,785 | $996,000 |
| Application Withdrawn By Applicant | 55,579 | $9,885,133,000 | $136,923 | $3,000,000 | $73,282 | $996,000 |
| Loan Originated | 14,039 | $2,592,867,000 | $146,500 | $900,000 | $70,100 | $957,000 |
| Application Approved But Not Accepted | 4,223 | $838,098,000 | $169,437 | $825,000 | $76,375 | $767,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 Application Incomplete | 31,614 | $5,449,672,000 | $143,961 | $3,000,000 | $76,461 | $984,000 |
| Other | 14,190 | $2,216,202,000 | $123,179 | $5,000,000 | $63,102 | $960,000 |
| Credit History | 7,894 | $1,082,091,000 | $128,294 | $2,000,000 | $63,529 | $996,000 |
| Collateral | 4,210 | $705,126,000 | $117,814 | $2,000,000 | $65,074 | $960,000 |
| Debt-To-Income Ratio | 422 | $68,834,000 | $127,388 | $1,000,000 | $45,388 | $600,000 |
| Employment History | 1 | $100,000 | $100,000 | $100,000 | $36,000 | $36,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Town & Country Credit's 2003 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 Town & Country Credit'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 California, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About