Usaa Federal Savings Bank
Mortgage Loan Application
Totals and Details
for 2016

Mortgage Company & Address Usaa Federal Savings Bank
10750 Mcdermott Freeway
San Antonio, TX 78288
Tel #: available with data download
Federal Regulator * available with data download
Years 2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 125,561
Total Mortgage Loan Application Amount $29,092,252,000
Average Mortgage Loan Application Amount $178,146
Highest Mortgage Loan Application Amount $2,017,000
Average Applicant Income $79,115
Highest Applicant Income $6,299,000
Download the Texas Lender List

Mortgage Loan Application Detail Totals for Usaa Federal Savings Bank 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 73,164 $17,408,844,000 $237,000 $1,118,000 $96,000 $6,272,000
Refinancing 45,492 $10,177,544,000 $223,000 $2,017,000 $69,000 $6,299,000
Home Improvement 6,907 $1,506,586,000 $218,000 $1,064,000 $99,000 $743,000

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 83,071 $19,072,379,000 $229,000 $2,017,000 $89,000 $6,299,000
Not Provided 14,556 $3,545,792,000 $243,000 $1,118,000 $89,000 $6,272,000
Black or African American 12,043 $2,715,741,000 $225,000 $941,000 $75,000 $1,267,000
Hispanic 10,496 $2,407,606,000 $229,000 $984,000 $75,000 $1,627,000
Asian 2,809 $765,540,000 $272,000 $1,095,000 $86,000 $548,000
American Indian or Alaskan Native 1,743 $368,727,000 $211,000 $856,000 $75,000 $414,000
Native Hawaiin or Other Pacific Islander 845 $217,189,000 $257,000 $1,037,000 $81,000 $357,000
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
VA-guaranteed (Veterans Administration) 77,852 $18,982,327,000 $243,000 $2,017,000 $74,000 $6,299,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 47,711 $10,110,647,000 $211,000 $801,000 $106,000 $3,868,000
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

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 66,850 $15,523,446,000 $232,000 $1,117,000 $82,000 $1,627,000
Application Denied By Financial Institution 26,264 $5,718,047,000 $217,000 $1,118,000 $79,000 $6,299,000
Application Withdrawn By Applicant 25,400 $6,268,190,000 $246,000 $2,017,000 $107,000 $6,272,000
File Closed For Incompleteness 4,199 $937,525,000 $223,000 $1,095,000 $104,000 $2,014,000
Application Approved But Not Accepted 2,755 $626,319,000 $227,000 $906,000 $26,000 $1,815,000
Loan Purchased By The Institution 95 $19,447,000 $204,000 $398,000 $81,000 $425,000
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
Debt-To-Income Ratio 7,860 $1,689,686,000 $214,000 $1,095,000 $57,000 $421,000
Collateral 5,725 $1,244,182,000 $217,000 $1,095,000 $89,000 $1,267,000
Credit Application Incomplete 4,614 $1,116,233,000 $241,000 $1,095,000 $97,000 $3,868,000
Credit History 4,479 $915,164,000 $204,000 $1,118,000 $91,000 $6,299,000
Other 1,419 $290,615,000 $204,000 $959,000 $51,000 $712,000
Insufficient Cash (Downpayment, Closing Cost) 1,111 $239,766,000 $215,000 $719,000 $96,000 $960,000
Employment History 920 $190,425,000 $206,000 $776,000 $63,000 $576,000
Unverifiable Information 135 $31,867,000 $236,000 $1,055,000 $82,000 $743,000
Mortgage Insurance Denied 1 $109,000 $109,000 $109,000 $80,000 $80,000
Download the Texas Lender List