McMullen County, TX Mortgage Lenders & HMDA Data, 2013

In 2013, lenders reported 17 mortgage applications in McMullen County, TX totaling $1.3 million, down 32% from 2012. The average application was for $74,000, and applicants reported an average income of $74,000. 47% of applications resulted in an originated loan and 35% were denied. The most active lender was 21st Mortgage, with 8 applications, followed by Vanderbilt Mortgage and Finance, Inc and US Bank, N.A..

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Total Number of Mortgage Applications 17
Total Mortgage Loan Application Amount $1,266,000
Average Mortgage Loan Application Amount $74,000
Highest Mortgage Loan Application Amount $143,000
Average Applicant Income $74,000
Highest Applicant Income $149,000

Mortgage Company List for Lending in McMullen County, TX for 2013

* 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
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 8 $ 608,000
Vanderbilt Mortgage and Finance, Inc
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 3 $ 221,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 345,088,616,000 3 $ 369,000
Suntrust Bank
P.O. BOX 4418, MAIL CODE 0663
ATLANTA, GA 30302
* $ 169,076,807,000 1 $ 30,000
Credit Human Federal Credit Un
6061 IH 10 WEST
SAN ANTONIO, TX 78215
* $ 2,891,810,000 1 $ 28,000
Wells Fargo Bank NA

MINNEAPOLIS, MN 55415
* $ 1,266,125,000,000 1 $ 10,000

The tables below break down 2013 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 2013

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 $1,226,000 $81,000 $143,000 $69,000 $149,000
Home Improvement 2 $40,000 $20,000 $30,000 $111,000 $120,000
Refinancing 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
Hispanic 10 $816,000 $81,000 $143,000 $73,000 $120,000
White 6 $419,000 $69,000 $136,000 $72,000 $149,000
Not Provided 1 $31,000 $31,000 $31,000 $102,000 $102,000
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) 17 $1,266,000 $74,000 $143,000 $74,000 $149,000
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
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 8 $466,000 $58,000 $128,000 $80,000 $120,000
Application Denied By Financial Institution 6 $594,000 $99,000 $143,000 $69,000 $149,000
Application Approved But Not Accepted 3 $206,000 $68,000 $90,000 $69,000 $102,000
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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 3 $274,000 $91,000 $143,000 $59,000 $78,000
Debt-To-Income Ratio 1 $94,000 $94,000 $94,000 $29,000 $29,000
Insufficient Cash (Downpayment, Closing Cost) 1 $136,000 $136,000 $136,000 $149,000 $149,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
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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