Town Square Mortgage & Investments LLC Mortgage Lending & HMDA Data, 2016

In 2016, Town Square Mortgage & Investments LLC of Dallas, TX reported 2,024 mortgage applications totaling $368.3 million, up 30% from 2015. The average application was for $181,973, and applicants reported an average income of $84,073. 65% of its applications resulted in an originated loan and 13% were denied. Its largest markets were Dallas-Plano-Irving, TX (1,416), Fort Worth-Arlington, TX (324) and Houston-The Woodlands-Sugar Land, TX (83) (applications in parentheses).

Mortgage Company & Address Town Square Mortgage & Investments LLC
17300 Dallas Pkwy, Ste 1030
Dallas, TX 75248
Tel #: available with data download
Federal Regulator * available with data download
Years 2024  2023  2022  2021  2020  2019  2017  2016  2015  2014  2013  2012  2011  2010  2009  
Total Number of Mortgage Applications 2,024
Total Mortgage Loan Application Amount $368,315,000
Average Mortgage Loan Application Amount $181,973
Highest Mortgage Loan Application Amount $1,232,000
Average Applicant Income $84,073
Highest Applicant Income $6,660,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Town Square Mortgage & Investments LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Town Square Mortgage & Investments LLC by Metropolitan Area in 2016

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Dallas-Plano-Irving, TX 1,416 $ 270,001,000 $ 190,678 $ 89,000
Fort Worth-Arlington, TX 324 $ 53,893,000 $ 166,336 $ 71,000
Houston-The Woodlands-Sugar Land, TX 83 $ 12,761,000 $ 153,746 $ 77,000
Brownsville-Harlingen, TX 48 $ 7,318,000 $ 152,458 $ 73,000
McAllen-Edinburg-Mission, TX 38 $ 4,543,000 $ 119,552 $ 66,000
Austin-Round Rock, TX 27 $ 5,116,000 $ 189,481 $ 73,000
San Antonio-New Braunfels, TX 8 $ 1,327,000 $ 165,875 $ 103,000
El Paso, TX 7 $ 1,029,000 $ 147,000 $ 56,000
Tyler, TX 6 $ 1,256,000 $ 209,333 $ 93,000
Orlando-Kissimmee-Sanford, FL 5 $ 1,280,000 $ 256,000 $ 79,000
Sherman-Denison, TX 5 $ 967,000 $ 193,400 $ 103,000
Amarillo, TX 4 $ 1,108,000 $ 277,000 $ 73,000
Killeen-Temple, TX 4 $ 668,000 $ 167,000 $ 47,000
Pensacola-Ferry Pass-Brent, FL 4 $ 898,000 $ 224,500 $ 100,000
Waco, TX 4 $ 558,000 $ 139,500 $ 69,000
Lubbock, TX 3 $ 432,000 $ 144,000 $ 110,000
College Station-Bryan, TX 2 $ 314,000 $ 157,000 $ 77,000
Corpus Christi, TX 2 $ 402,000 $ 201,000 $ 115,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 2 $ 192,000 $ 96,000 $ 25,000
Laredo, TX 2 $ 261,000 $ 130,500 $ 47,000
Tampa-St. Petersburg-Clearwater, FL 2 $ 178,000 $ 89,000 $ 66,000
Beaumont-Port Arthur, TX 1 $ 85,000 $ 85,000 $ 50,000
Cape Coral-Fort Myers, FL 1 $ 57,000 $ 57,000 $ 35,000
Denver-Aurora-Lakewood, CO 1 $ 164,000 $ 164,000 $ 41,000

Mortgage Loan Application Detail Totals for Town Square Mortgage & Investments LLC in 2016

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 1,597 $287,400,000 $179,000 $1,232,000 $72,000 $1,092,000
Refinancing 262 $48,094,000 $183,000 $850,000 $113,000 $1,740,000
Home Improvement 165 $32,821,000 $198,000 $720,000 $155,000 $6,660,000

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 1,140 $171,322,000 $150,000 $417,000 $56,000 $1,298,000
White 607 $140,991,000 $232,000 $850,000 $135,000 $6,660,000
Black or African American 218 $41,533,000 $190,000 $417,000 $81,000 $1,452,000
Asian 47 $11,722,000 $249,000 $1,232,000 $120,000 $571,000
American Indian or Alaskan Native 7 $1,732,000 $247,000 $312,000 $106,000 $204,000
Not Provided 3 $459,000 $153,000 $225,000 $87,000 $128,000
Native Hawaiin or Other Pacific Islander 2 $556,000 $278,000 $345,000 $123,000 $126,000
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) 985 $153,299,000 $155,000 $341,000 $55,000 $1,298,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 953 $194,431,000 $204,000 $1,232,000 $115,000 $6,660,000
VA-guaranteed (Veterans Administration) 80 $19,589,000 $244,000 $431,000 $83,000 $185,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 6 $996,000 $166,000 $226,000 $57,000 $74,000

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 1,315 $246,719,000 $187,000 $629,000 $76,000 $801,000
Application Withdrawn By Applicant 379 $68,431,000 $180,000 $1,232,000 $114,000 $6,660,000
Application Denied By Financial Institution 273 $42,071,000 $154,000 $850,000 $80,000 $1,452,000
File Closed For Incompleteness 55 $10,361,000 $188,000 $431,000 $92,000 $316,000
Application Approved But Not Accepted 2 $733,000 $366,000 $417,000 $271,000 $464,000
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 95 $14,731,000 $155,000 $850,000 $124,000 $1,452,000
Debt-To-Income Ratio 86 $14,000,000 $162,000 $424,000 $57,000 $222,000
Collateral 28 $3,666,000 $130,000 $199,000 $49,000 $118,000
Insufficient Cash (Downpayment, Closing Cost) 20 $2,641,000 $132,000 $206,000 $54,000 $312,000
Other 16 $2,494,000 $155,000 $336,000 $51,000 $110,000
Employment History 14 $2,566,000 $183,000 $395,000 $70,000 $118,000
Credit Application Incomplete 3 $595,000 $198,000 $302,000 $82,000 $87,000
Unverifiable Information 3 $404,000 $134,000 $200,000 $52,000 $67,000
Mortgage Insurance Denied 1 $157,000 $157,000 $157,000 $40,000 $40,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Town Square Mortgage & Investments LLC's 2016 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 Square Mortgage & Investments LLC'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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