Willow Bend Mortgage Company, LLC Mortgage Lending & HMDA Data, 2009

In 2009, Willow Bend Mortgage Company, LLC of Plano, TX reported 1,378 mortgage applications totaling $307.1 million, up 9% from 2008. The average application was for $222,844, and applicants reported an average income of $138,650. 96% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Dallas-Plano-Irving, TX (797), Houston-Sugar Land-Baytown, TX (228) and Fort Worth-Arlington, TX (134) (applications in parentheses).

Mortgage Company & Address Willow Bend Mortgage Company, LLC
5800 W Plano Pkwy Ste 105
Plano, TX 75093
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  
Total Number of Mortgage Applications 1,378
Total Mortgage Loan Application Amount $307,080,000
Average Mortgage Loan Application Amount $222,844
Highest Mortgage Loan Application Amount $1,640,000
Average Applicant Income $138,650
Highest Applicant Income $1,852,000

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Willow Bend Mortgage Company, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for Willow Bend Mortgage Company, LLC in 2009

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 741 $148,849,000 $200,000 $1,535,000 $116,000 $1,852,000
Refinancing 637 $158,231,000 $248,000 $1,640,000 $165,000 $1,599,000
Home Improvement 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
White 1,053 $241,902,000 $229,000 $1,640,000 $150,000 $1,852,000
Hispanic 106 $18,754,000 $176,000 $606,000 $94,000 $250,000
Asian 81 $17,702,000 $218,000 $506,000 $111,000 $422,000
Not Provided 67 $13,660,000 $203,000 $715,000 $113,000 $498,000
Black or African American 66 $14,256,000 $216,000 $417,000 $98,000 $236,000
Native Hawaiian or Other Pacific Islander 3 $332,000 $110,000 $200,000 $54,000 $65,000
American Indian or Alaskan Native 2 $474,000 $237,000 $366,000 $84,000 $116,000
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) 960 $233,667,000 $243,000 $1,640,000 $165,000 $1,852,000
FHA-insured (Federal Housing Administration) 368 $63,982,000 $173,000 $295,000 $79,000 $256,000
VA-guaranteed (Veterans Administration) 42 $8,575,000 $204,000 $425,000 $84,000 $160,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 8 $856,000 $107,000 $193,000 $44,000 $78,000

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 1,316 $294,189,000 $223,000 $1,640,000 $140,000 $1,852,000
Application Denied By Financial Institution 27 $5,027,000 $186,000 $632,000 $93,000 $244,000
Application Withdrawn By Applicant 23 $4,779,000 $207,000 $618,000 $126,000 $367,000
File Closed For Incompleteness 12 $3,085,000 $257,000 $936,000 $110,000 $272,000
Application Approved But Not Accepted 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
Credit History 8 $1,509,000 $188,000 $333,000 $80,000 $138,000
Debt-To-Income Ratio 8 $1,398,000 $174,000 $272,000 $70,000 $94,000
Employment History 2 $304,000 $152,000 $198,000 $42,000 $47,000
Collateral 2 $374,000 $187,000 $194,000 $170,000 $242,000
Other 1 $125,000 $125,000 $125,000 $129,000 $129,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 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 Willow Bend Mortgage Company, LLC's 2009 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 Willow Bend Mortgage Company, 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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