Town Square Mortgage & Investments, Inc. Mortgage Lending & HMDA Data, 2018

In 2018, Town Square Mortgage & Investments, Inc. of Dallas, TX reported 2,463 mortgage applications totaling $462.5 million. The average application was for $187,768, and applicants reported an average income of $82,711. 77% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Dallas-Plano-Irving, TX (1,285), Fort Worth-Arlington, TX (301) and Houston-The Woodlands-Sugar Land, TX (210) (applications in parentheses).

Mortgage Company & Address Town Square Mortgage & Investments, Inc.
17300 Dallas Pkwy, Ste 1030
Dallas, TX 75248
Tel #: available with data download
Federal Regulator * available with data download
Years 2018  
Total Number of Mortgage Applications 2,463
Total Mortgage Loan Application Amount $462,475,000
Average Mortgage Loan Application Amount $187,768
Highest Mortgage Loan Application Amount $2,805,000
Average Applicant Income $82,711
Highest Applicant Income $6,600,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Town Square Mortgage & Investments, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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, Inc. 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 719 $ 124,905,000 $ 173,720 $ 65,000
Tarrant, Texas 270 $ 48,440,000 $ 179,407 $ 66,000
Collin, Texas 219 $ 60,795,000 $ 277,602 $ 147,000
Denton, Texas 179 $ 50,865,000 $ 284,162 $ 174,000
Harris, Texas 165 $ 25,455,000 $ 154,272 $ 58,000
Maverick, Texas 108 $ 16,170,000 $ 149,722 $ 60,000
El Paso, Texas 101 $ 13,025,000 $ 128,960 $ 56,000
Jefferson, Texas 89 $ 8,385,000 $ 94,213 $ 69,000
Kaufman, Texas 71 $ 13,965,000 $ 196,690 $ 74,000
Osceola, Florida 48 $ 8,730,000 $ 181,875 $ 71,000
Val Verde, Texas 45 $ 6,565,000 $ 145,888 $ 66,000
Rockwall, Texas 42 $ 11,230,000 $ 267,380 $ 105,000
Ellis, Texas 41 $ 7,555,000 $ 184,268 $ 75,000
Hidalgo, Texas 38 $ 5,640,000 $ 148,421 $ 63,000
Travis, Texas 28 $ 5,640,000 $ 201,428 $ 77,000
Fort Bend, Texas 20 $ 3,730,000 $ 186,500 $ 65,000
Orange, Florida 19 $ 3,075,000 $ 161,842 $ 67,000
Cameron, Texas 16 $ 2,170,000 $ 135,625 $ 54,000
Johnson, Texas 16 $ 3,120,000 $ 195,000 $ 91,000
Montgomery, Texas 16 $ 3,450,000 $ 215,625 $ 133,000
Miami-Dade, Florida 14 $ 2,780,000 $ 198,571 $ 62,000
Hunt, Texas 14 $ 3,430,000 $ 245,000 $ 92,000
Parker, Texas 11 $ 2,375,000 $ 215,909 $ 109,000
Williamson, Texas 11 $ 1,975,000 $ 179,545 $ 115,000
Grayson, Texas 10 $ 2,170,000 $ 217,000 $ 126,000
Polk, Florida 9 $ 1,355,000 $ 150,555 $ 55,000
Bexar, Texas 9 $ 1,435,000 $ 159,444 $ 53,000
Uvalde, Texas 9 $ 1,395,000 $ 155,000 $ 65,000
Orange, Texas 8 $ 960,000 $ 120,000 $ 72,000
Hays, Texas 7 $ 1,875,000 $ 267,857 $ 78,000
Henderson, Texas 7 $ 845,000 $ 120,714 $ 71,000
Bell, Texas 5 $ 865,000 $ 173,000 $ 55,000
Chambers, Texas 4 $ 710,000 $ 177,500 $ 80,000
Smith, Texas 4 $ 800,000 $ 200,000 $ 126,000
Starr, Texas 4 $ 570,000 $ 142,500 $ 85,000
Hillsborough, Florida 3 $ 995,000 $ 331,666 $ 141,000
Lake, Florida 3 $ 415,000 $ 138,333 $ 59,000
Bastrop, Texas 3 $ 365,000 $ 121,666 $ 61,000
Hardin, Texas 3 $ 305,000 $ 101,666 $ 51,000
Navarro, Texas 3 $ 555,000 $ 185,000 $ 67,000
Randall, Texas 3 $ 425,000 $ 141,666 $ 82,000
Wise, Texas 3 $ 405,000 $ 135,000 $ 58,000
Weld, Colorado 2 $ 610,000 $ 305,000 $ 78,000
Collier, Florida 2 $ 510,000 $ 255,000 $ 63,000
Seminole, Florida 2 $ 350,000 $ 175,000 $ 65,000
Brazoria, Texas 2 $ 340,000 $ 170,000 $ 83,000
Fannin, Texas 2 $ 410,000 $ 205,000 $ 134,000
Hopkins, Texas 2 $ 390,000 $ 195,000 $ 70,000
Lubbock, Texas 2 $ 260,000 $ 130,000 $ 55,000
Midland, Texas 2 $ 400,000 $ 200,000 $ 72,000
Tyler, Texas 2 $ 110,000 $ 55,000 $ 40,000
Upshur, Texas 2 $ 170,000 $ 85,000 $ 22,000
Waller, Texas 2 $ 600,000 $ 300,000 $ 91,000
Webb, Texas 2 $ 220,000 $ 110,000 $ 61,000
Wood, Texas 2 $ 180,000 $ 90,000 $ 88,000
Arapahoe, Colorado 1 $ 235,000 $ 235,000 $ 134,000
Broward, Florida 1 $ 285,000 $ 285,000 $ 77,000
Charlotte, Florida 1 $ 145,000 $ 145,000 $ 28,000
Clay, Florida 1 $ 205,000 $ 205,000 $ 69,000
Lee, Florida 1 $ 195,000 $ 195,000 $ 47,000
Palm Beach, Florida 1 $ 385,000 $ 385,000 $ 120,000
Pasco, Florida 1 $ 455,000 $ 455,000 $ 108,000
St. Johns, Florida 1 $ 325,000 $ 325,000 $ 75,000
Volusia, Florida 1 $ 245,000 $ 245,000 $ 91,000
Oklahoma, Oklahoma 1 $ 355,000 $ 355,000 $ 327,000
Austin, Texas 1 $ 155,000 $ 155,000 $ 67,000
Burleson, Texas 1 $ 185,000 $ 185,000 $ 57,000
Burnet, Texas 1 $ 215,000 $ 215,000 $ 118,000
Cooke, Texas 1 $ 175,000 $ 175,000 $ 123,000
Ector, Texas 1 $ 175,000 $ 175,000 $ 63,000
Franklin, Texas 1 $ 235,000 $ 235,000 $ 123,000
Gillespie, Texas 1 $ 345,000 $ 345,000 $ 98,000
Guadalupe, Texas 1 $ 255,000 $ 255,000 $ 84,000
Hill, Texas 1 $ 165,000 $ 165,000 $ 80,000
Hood, Texas 1 $ 165,000 $ 165,000 $ 138,000
Kinney, Texas 1 $ 145,000 $ 145,000 $ 34,000
Milam, Texas 1 $ 145,000 $ 145,000 $ 87,000
Nueces, Texas 1 $ 205,000 $ 205,000 $ 72,000
Presidio, Texas 1 $ 145,000 $ 145,000 $ 48,000
Reagan, Texas 1 $ 85,000 $ 85,000 $ 34,000
Wilson, Texas 1 $ 195,000 $ 195,000 $ 52,000

Mortgage Loan Application Detail Totals for Town Square Mortgage & Investments, Inc. 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 2,116 $402,610,000 $190,000 $2,805,000 $80,000 $6,600,000
Refinancing 168 $26,850,000 $159,000 $1,115,000 $89,000 $1,740,000
Cash-out Refinancing 160 $28,220,000 $176,000 $615,000 $106,000 $3,120,000
Home Improvement 19 $4,795,000 $252,000 $655,000 $133,000 $632,000
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
Hispanic 1,578 $261,880,000 $165,000 $745,000 $63,000 $1,740,000
White 578 $142,120,000 $245,000 $2,805,000 $133,000 $6,600,000
Black or African American 202 $33,130,000 $164,000 $1,115,000 $74,000 $536,000
Not Provided 49 $11,905,000 $242,000 $1,655,000 $118,000 $1,090,000
Asian 49 $12,045,000 $245,000 $765,000 $119,000 $317,000
American Indian or Alaskan Native 2 $400,000 $200,000 $285,000 $65,000 $104,000
Not applicable 1 $175,000 $175,000 $175,000 $44,000 $44,000
Native Hawaiian or Other Pacific Islander 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) 1,185 $243,745,000 $205,000 $2,805,000 $106,000 $6,600,000
FHA-insured (Federal Housing Administration) 1,169 $195,315,000 $167,000 $1,115,000 $60,000 $1,080,000
VA-guaranteed (Veterans Administration) 89 $20,225,000 $227,000 $465,000 $79,000 $268,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 20 $3,190,000 $159,000 $245,000 $52,000 $75,000

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 1,887 $352,225,000 $186,000 $765,000 $78,000 $1,826,000
Application Withdrawn By Applicant 370 $70,740,000 $191,000 $1,655,000 $91,000 $3,120,000
Application Denied By Financial Institution 187 $34,855,000 $186,000 $2,805,000 $105,000 $6,600,000
File Closed For Incompleteness 17 $4,295,000 $252,000 $615,000 $138,000 $600,000
Application Approved But Not Accepted 2 $360,000 $180,000 $185,000 $78,000 $90,000
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 2,276 $427,620,000 $187,000 $1,655,000 $81,000 $3,120,000
Credit History 90 $16,950,000 $188,000 $2,805,000 $151,000 $6,600,000
Debt-To-Income Ratio 52 $8,480,000 $163,000 $615,000 $53,000 $133,000
Unverifiable Information 16 $2,850,000 $178,000 $455,000 $74,000 $307,000
Collateral 12 $2,520,000 $210,000 $455,000 $66,000 $182,000
Insufficient Cash (Downpayment, Closing Cost) 8 $1,640,000 $205,000 $285,000 $75,000 $150,000
Employment History 6 $1,260,000 $210,000 $345,000 $64,000 $144,000
Credit Application Incomplete 3 $1,155,000 $385,000 $865,000 $88,000 $183,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Town Square Mortgage & Investments, Inc.'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 Town Square Mortgage & Investments, Inc.'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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