McMullen County, TX Mortgage Lenders & HMDA Data, 2006

In 2006, lenders reported 29 mortgage applications in McMullen County, TX totaling $6.3 million, down 28% from 2005. The average application was for $215,000, and applicants reported an average income of $164,000. 24% of applications resulted in an originated loan and 38% were denied. The most active lender was Bank Snb, NA, with 6 applications, followed by Countrywide Home Loans and Southtrust Bank NA.

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Total Number of Mortgage Applications 29
Total Mortgage Loan Application Amount $6,254,000
Average Mortgage Loan Application Amount $215,000
Highest Mortgage Loan Application Amount $1,400,000
Average Applicant Income $164,000
Highest Applicant Income $1,116,000

Mortgage Company List for Lending in McMullen County, TX for 2006

* Phone Numbers for Mortgage Lenders are available with a Data Download Report
Mortgage Lender Phone Number Mortgage Lender Assets Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications
Bank Snb, NA
608 S MAIN
STILLWATER, OK 74074
* $ 2,023,061,000 6 $ 18,000
Countrywide Home Loans
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 175,085,370,000 3 $ 4,200,000
Southtrust Bank NA
PO BOX 2230
GEORGE WEST, TX 78022
* $ 118,325,000 2 $ 150,000
New Century Mortgage Corporati
18400 VON KARMAN AVE., SUITE 1000
IRVINE, CA 92612
* $ 10,000,000 2 $ 96,000
Vanderbilt Mortgage
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 2 $ 127,000
Argent Mortgage Company
1100 TOWN & COUNTRY
ORANGE, CA 92868
* $ 10,000,000 1 $ 235,000
Sebring Capital Partners, LP
4000 INTERNATIONAL PARWAY, SUITE 3000
CARROLLTON, TX 75007
* $ 10,000,000 1 $ 50,000
Novastar Mortgage
2114 CENTRAL SUITE 600
KANSAS CITY, MO 64108
* $ 10,000,000 1 $ 109,000
CU Factory Built Lending, LP
6061 IH-10 WEST
SAN ANTONIO, TX 78201
* $ 1,761,607,000 1 $ 37,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 1,909,626,000 1 $ 5,000
HSBC Mortgage Services, Inc.
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 16,981,282,000 1 $ 50,000
Beneficial Company LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 1 $ 56,000
American Home Loans
17991 COWAN
IRVINE, CA 92614
* $ 10,000,000 1 $ 342,000
Countryplace Mortgage, Ltd.

PLANO, TX 75024
* $ 10,000,000 1 $ 41,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 1 $ 60,000
Accredited Home Lenders, Inc
15253 AVENUE OF SCIENCE BLDG 1
SAN DIEGO, CA 92128
* $ 10,000,000 1 $ 50,000
Origen Financial Services LLC
27777 FRANKLIN ROAD SUITE 1710
SOUTHFIELD, MI 48034
* $ 10,000,000 1 $ 60,000
Wells Fargo Bank, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 403,258,000,000 1 $ 500,000
Bank of America, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 1,082,250,290,000 1 $ 68,000

The tables below break down 2006 mortgage applications in McMullen 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 McMullen County, TX 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 15 $1,756,000 $117,000 $500,000 $63,000 $196,000
Home Improvement 8 $79,000 $9,000 $56,000 $38,000 $76,000
Refinancing 6 $4,419,000 $736,000 $1,400,000 $585,000 $1,116,000

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 15 $622,000 $41,000 $109,000 $39,000 $85,000
White 10 $4,955,000 $495,000 $1,400,000 $387,000 $1,116,000
Not Provided 3 $627,000 $209,000 $342,000 $99,000 $196,000
Not applicable 1 $50,000 $50,000 $50,000 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 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) 28 $6,217,000 $222,000 $1,400,000 $169,000 $1,116,000
FHA-insured (Federal Housing Administration) 1 $37,000 $37,000 $37,000 $41,000 $41,000
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
Application Denied By Financial Institution 11 $2,104,000 $191,000 $1,400,000 $145,000 $1,116,000
Application Withdrawn By Applicant 9 $3,810,000 $423,000 $1,400,000 $315,000 $1,116,000
Loan Originated 7 $222,000 $31,000 $87,000 $40,000 $104,000
Loan Purchased By The Institution 1 $50,000 $50,000 $50,000 $0 $0
Application Approved But Not Accepted 1 $68,000 $68,000 $68,000 $50,000 $50,000
File Closed For Incompleteness 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
Debt-To-Income Ratio 3 $47,000 $15,000 $41,000 $28,000 $32,000
Credit History 2 $346,000 $173,000 $342,000 $51,000 $72,000
Collateral 1 $1,400,000 $1,400,000 $1,400,000 $1,116,000 $1,116,000
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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 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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