McMullen County, TX Mortgage Lenders & HMDA Data, 2008

In 2008, lenders reported 13 mortgage applications in McMullen County, TX totaling $976,000, down 58% from 2007. The average application was for $75,000, and applicants reported an average income of $65,000. 46% of applications resulted in an originated loan and 23% were denied. The most active lender was Wells Fargo Bank, NA, with 3 applications, followed by Bank Snb, NA and Southtrust Bank NA.

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Total Number of Mortgage Applications 13
Total Mortgage Loan Application Amount $976,000
Average Mortgage Loan Application Amount $75,000
Highest Mortgage Loan Application Amount $218,000
Average Applicant Income $65,000
Highest Applicant Income $120,000

Mortgage Company List for Lending in McMullen County, TX for 2008

* 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
Wells Fargo Bank, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 467,861,000,000 3 $ 474,000
Bank Snb, NA
608 S MAIN
STILLWATER, OK 74074
* $ 2,422,395,000 2 $ 25,000
Southtrust Bank NA
PO BOX 2230
GEORGE WEST, TX 78022
* $ 145,579,000 2 $ 154,000
Prosperity Bank
1301 N MECHANIC
EL CAMPO, TX 77437
* $ 6,357,701,000 1 $ 3,000
Community National Bank
P.O. BOX 130
HONDO, TX 78861
* $ 96,043,000 1 $ 4,000
Credit Union of Texas
8131 LBJ FREEWAY, SUITE 500
ALLEN, TX 75013
* $ 1,187,800,000 1 $ 60,000
Beneficial Company LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 4,017,643,000 1 $ 36,000
Eloan
9600 WEST BRYN MAWR
ROSEMONT, IL 60018
* $ 48,624,000,000 1 $ 157,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,318,888,000,000 1 $ 63,000

The tables below break down 2008 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 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
Home Purchase 6 $729,000 $121,000 $218,000 $65,000 $120,000
Home Improvement 4 $16,000 $4,000 $5,000 $68,000 $90,000
Refinancing 3 $231,000 $77,000 $157,000 $59,000 $89,000

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 7 $675,000 $96,000 $218,000 $74,000 $120,000
Hispanic 5 $144,000 $28,000 $63,000 $47,000 $54,000
Not Provided 1 $157,000 $157,000 $157,000 $89,000 $89,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 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) 12 $913,000 $76,000 $218,000 $66,000 $120,000
FHA-insured (Federal Housing Administration) 1 $63,000 $63,000 $63,000 $45,000 $45,000
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
Loan Originated 6 $132,000 $22,000 $63,000 $56,000 $90,000
Application Approved But Not Accepted 3 $474,000 $158,000 $218,000 $95,000 $120,000
Application Denied By Financial Institution 3 $310,000 $103,000 $157,000 $57,000 $89,000
Loan Purchased By The Institution 1 $60,000 $60,000 $60,000 $50,000 $50,000
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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 1 $3,000 $3,000 $3,000 $46,000 $46,000
Insufficient Cash (Downpayment, Closing Cost) 1 $150,000 $150,000 $150,000 $36,000 $36,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 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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