Trilogy Home Loans Mortgage Lending & HMDA Data, 2006

In 2006, Trilogy Home Loans of Mesa, AZ reported 301 mortgage applications totaling $63.5 million. The average application was for $210,953, and applicants reported an average income of $105,069. 79% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Phoenix-Mesa-Scottsdale, AZ (288), Tucson, AZ (2) and Flagstaff, AZ (1) (applications in parentheses).

Mortgage Company & Address Trilogy Home Loans
1818 E Southern Avenue
Mesa, AZ 85204
Tel #: available with data download
Federal Regulator * available with data download
Years 2007  2006  
Total Number of Mortgage Applications 301
Total Mortgage Loan Application Amount $63,497,000
Average Mortgage Loan Application Amount $210,953
Highest Mortgage Loan Application Amount $750,000
Average Applicant Income $105,069
Highest Applicant Income $550,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Trilogy Home Loans filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Trilogy Home Loans by County in 2006

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Maricopa, Arizona 262 $ 55,517,000 $ 211,896 $ 106,000
Pinal, Arizona 26 $ 5,028,000 $ 193,384 $ 81,000
Navajo, Arizona 3 $ 463,000 $ 154,333 $ 127,000
Gila, Arizona 2 $ 175,000 $ 87,500 $ 45,000
Pima, Arizona 2 $ 878,000 $ 439,000 $ 199,000
Grant, Washington 2 $ 391,000 $ 195,500 $ 96,000
Cochise, Arizona 1 $ 184,000 $ 184,000 $ 108,000
Coconino, Arizona 1 $ 216,000 $ 216,000 $ 96,000
Yavapai, Arizona 1 $ 480,000 $ 480,000 $ 441,000
Fort Bend, Texas 1 $ 165,000 $ 165,000 $ 38,000

Mortgage Loan Application Detail Totals for Trilogy Home Loans in 2006

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 217 $44,099,000 $203,000 $700,000 $108,000 $550,000
Refinancing 75 $18,057,000 $240,000 $750,000 $99,000 $316,000
Home Improvement 9 $1,341,000 $149,000 $244,000 $85,000 $150,000

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
White 190 $41,179,000 $216,000 $750,000 $109,000 $550,000
Not Provided 56 $12,440,000 $222,000 $700,000 $126,000 $450,000
Hispanic 44 $7,711,000 $175,000 $440,000 $73,000 $200,000
Asian 8 $1,467,000 $183,000 $310,000 $63,000 $108,000
Black or African American 2 $454,000 $227,000 $322,000 $79,000 $113,000
Native Hawaiian or Other Pacific Islander 1 $246,000 $246,000 $246,000 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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) 281 $59,922,000 $213,000 $750,000 $108,000 $550,000
FHA-insured (Federal Housing Administration) 17 $3,057,000 $179,000 $250,000 $57,000 $131,000
VA-guaranteed (Veterans Administration) 3 $518,000 $172,000 $191,000 $71,000 $88,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 238 $49,397,000 $207,000 $750,000 $108,000 $550,000
Application Withdrawn By Applicant 32 $7,045,000 $220,000 $700,000 $105,000 $360,000
Application Denied By Financial Institution 25 $5,844,000 $233,000 $700,000 $83,000 $264,000
Application Approved But Not Accepted 6 $1,211,000 $201,000 $244,000 $89,000 $129,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
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 7 $1,207,000 $172,000 $261,000 $62,000 $133,000
Collateral 5 $1,487,000 $297,000 $584,000 $135,000 $264,000
Debt-To-Income Ratio 5 $893,000 $178,000 $259,000 $30,000 $41,000
Credit Application Incomplete 3 $1,087,000 $362,000 $700,000 $101,000 $218,000
Credit History 3 $703,000 $234,000 $310,000 $93,000 $131,000
Unverifiable Information 2 $467,000 $233,000 $255,000 $114,000 $138,000
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 Trilogy Home Loans's 2006 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 Trilogy Home Loans'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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