Trian LLC dba Afm Mortgage Lending & HMDA Data, 2007

In 2007, Trian LLC dba Afm of Austin, TX reported 434 mortgage applications totaling $93.3 million, up 45% from 2006. The average application was for $214,870, and applicants reported an average income of $107,336. 89% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Houston-Sugar Land-Baytown, TX (68), Dallas-Plano-Irving, TX (59) and Los Angeles-Long Beach-Glendale, CA (27) (applications in parentheses).

Mortgage Company & Address Trian LLC dba Afm
9211 Waterford Centre Blvd #200
Austin, TX 78758
Federal Regulator * available with data download
Years 2007  2006  
Total Number of Mortgage Applications 434
Total Mortgage Loan Application Amount $93,254,000
Average Mortgage Loan Application Amount $214,870
Highest Mortgage Loan Application Amount $1,875,000
Average Applicant Income $107,336
Highest Applicant Income $744,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Trian LLC dba Afm filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for Trian LLC dba Afm in 2007

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 363 $70,958,000 $195,000 $1,875,000 $102,000 $744,000
Refinancing 70 $21,882,000 $312,000 $938,000 $135,000 $582,000
Home Improvement 1 $414,000 $414,000 $414,000 $108,000 $108,000

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
Black or African American 155 $31,536,000 $203,000 $875,000 $94,000 $384,000
White 147 $32,491,000 $221,000 $938,000 $123,000 $744,000
Hispanic 76 $16,636,000 $218,000 $621,000 $86,000 $404,000
Asian 25 $4,134,000 $165,000 $501,000 $150,000 $424,000
Not Provided 24 $6,568,000 $273,000 $1,875,000 $105,000 $492,000
Native Hawaiian or Other Pacific Islander 4 $912,000 $228,000 $440,000 $72,000 $170,000
American Indian or Alaskan Native 3 $977,000 $325,000 $650,000 $258,000 $390,000
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) 432 $92,964,000 $215,000 $1,875,000 $108,000 $744,000
FHA-insured (Federal Housing Administration) 2 $290,000 $145,000 $168,000 $70,000 $96,000
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
Loan Originated 386 $81,119,000 $210,000 $1,875,000 $106,000 $744,000
Application Denied By Financial Institution 21 $5,616,000 $267,000 $696,000 $106,000 $252,000
Application Withdrawn By Applicant 18 $4,633,000 $257,000 $496,000 $136,000 $420,000
File Closed For Incompleteness 6 $1,517,000 $252,000 $430,000 $131,000 $360,000
Application Approved But Not Accepted 3 $369,000 $123,000 $190,000 $28,000 $85,000
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
Other 10 $2,087,000 $208,000 $432,000 $91,000 $216,000
Debt-To-Income Ratio 6 $1,272,000 $212,000 $351,000 $72,000 $114,000
Collateral 2 $712,000 $356,000 $600,000 $218,000 $251,000
Credit History 2 $1,308,000 $654,000 $696,000 $184,000 $252,000
Unverifiable Information 1 $237,000 $237,000 $237,000 $85,000 $85,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Trian LLC dba Afm's 2007 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 Trian LLC dba Afm'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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