Maverick County, TX Mortgage Lenders & HMDA Data, 2008

In 2008, lenders reported 1,395 mortgage applications in Maverick County, TX totaling $129.8 million, down 29% from 2007. The average application was for $93,000, and applicants reported an average income of $56,000. 34% of applications resulted in an originated loan and 32% were denied. The most active lender was BBVA USA, with 136 applications, followed by First Mortgage Company, L.L.C. and JPMorgan Chase Bank, NA.

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Total Number of Mortgage Applications 1,395
Total Mortgage Loan Application Amount $129,831,000
Average Mortgage Loan Application Amount $93,000
Highest Mortgage Loan Application Amount $1,600,000
Average Applicant Income $56,000
Highest Applicant Income $1,063,000
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Top Mortgage Lenders in Maverick County, TX (2008)

Ranked by the number of mortgage applications each lender reported in Maverick County, TX in 2008.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 BBVA USA
Birmingham, AL
136 $6,269,000 $46,000 $49,000
2 First Mortgage Company, L.L.C.
Oklahoma City, OK
126 $14,637,000 $116,000 $46,000
3 JPMorgan Chase Bank, NA
Columbus, OH
110 $11,216,000 $101,000 $56,000
4 Citimortgage, Inc
New York, NY
91 $10,346,000 $113,000 $55,000
5 Countrywide Bank FSB
Westlake Village, CA
88 $9,636,000 $109,000 $56,000
6 Wells Fargo Bank, NA
Des Moines, IA
74 $5,704,000 $77,000 $48,000
7 Wells Fargo Fin'l Texas, Inc
Des Moines, IA
58 $2,868,000 $49,000 $47,000
8 Beneficial Company LLC
Mettawa, IL
57 $4,895,000 $85,000 $60,000
9 Citifinancial Inc
Baltimore, MD
57 $1,993,000 $34,000 $32,000
10 International Bank of Commerce
Laredo, TX
56 $4,335,000 $77,000 $56,000

See every lender active in Maverick County, TX in 2008 »

The tables below break down 2008 mortgage applications in Maverick County, TX by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Maverick County, TX in 2008

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
Refinancing 613 $59,755,000 $97,000 $1,600,000 $62,000 $1,063,000
Home Purchase 554 $60,914,000 $109,000 $386,000 $53,000 $510,000
Home Improvement 228 $9,162,000 $40,000 $512,000 $50,000 $1,063,000

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
Hispanic 1,089 $95,389,000 $87,000 $560,000 $57,000 $1,063,000
Not applicable 130 $16,164,000 $124,000 $1,600,000 $39,000 $366,000
White 86 $10,438,000 $121,000 $455,000 $63,000 $187,000
Not Provided 77 $5,631,000 $73,000 $236,000 $59,000 $510,000
Asian 7 $1,048,000 $149,000 $195,000 $106,000 $174,000
American Indian or Alaskan Native 4 $1,018,000 $254,000 $521,000 $135,000 $371,000
Black or African American 1 $93,000 $93,000 $93,000 $46,000 $46,000
Native Hawaiian or Other Pacific Islander 1 $50,000 $50,000 $50,000 $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) 932 $76,138,000 $81,000 $1,600,000 $60,000 $1,063,000
FHA-insured (Federal Housing Administration) 414 $47,302,000 $114,000 $268,000 $51,000 $250,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 29 $3,181,000 $109,000 $212,000 $32,000 $73,000
VA-guaranteed (Veterans Administration) 20 $3,210,000 $160,000 $288,000 $54,000 $121,000

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 472 $45,815,000 $97,000 $1,600,000 $58,000 $510,000
Application Denied By Financial Institution 446 $34,116,000 $76,000 $560,000 $59,000 $1,063,000
Loan Purchased By The Institution 262 $30,401,000 $116,000 $386,000 $45,000 $366,000
Application Withdrawn By Applicant 123 $12,218,000 $99,000 $521,000 $64,000 $371,000
Application Approved But Not Accepted 58 $4,464,000 $76,000 $213,000 $53,000 $132,000
File Closed For Incompleteness 34 $2,817,000 $82,000 $268,000 $62,000 $252,000
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
Credit History 96 $5,135,000 $53,000 $223,000 $55,000 $720,000
Debt-To-Income Ratio 70 $5,079,000 $72,000 $455,000 $41,000 $187,000
Other 50 $3,562,000 $71,000 $243,000 $53,000 $250,000
Collateral 32 $3,491,000 $109,000 $320,000 $66,000 $158,000
Credit Application Incomplete 13 $1,317,000 $101,000 $195,000 $83,000 $224,000
Unverifiable Information 11 $1,006,000 $91,000 $180,000 $56,000 $120,000
Insufficient Cash (Downpayment, Closing Cost) 2 $192,000 $96,000 $98,000 $53,000 $58,000
Employment History 1 $5,000 $5,000 $5,000 $7,000 $7,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) loan application records that lenders file with the FFIEC each year, and count every application (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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