Roberts County, TX Mortgage Lenders & HMDA Data, 2004

In 2004, lenders reported 25 mortgage applications in Roberts County, TX totaling $1.5 million, up 19% from 2003. The average application was for $58,000, and applicants reported an average income of $72,000. 44% of applications resulted in an originated loan and 12% were denied. The most active lender was Wells Fargo Bank, NA, with 3 applications, followed by Ameriquest Mortgage Company and State Farm Bank.

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Total Number of Mortgage Applications 25
Total Mortgage Loan Application Amount $1,456,000
Average Mortgage Loan Application Amount $58,000
Highest Mortgage Loan Application Amount $102,000
Average Applicant Income $72,000
Highest Applicant Income $660,000

Mortgage Company List for Lending in Roberts County, TX for 2004

* 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
* $ 250,474,000,000 3 $ 142,000
Ameriquest Mortgage Company
1100 TOWN & COUNTRY ROAD
ORANGE, CA 92868
* $ 10,000,000 3 $ 192,000
State Farm Bank
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 7,855,191,000 2 $ 144,000
Hfc
140 INDUSTRIAL DRIVE
ELMHURST, IL 60126
* $ 10,000,000 2 $ 133,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 1 $ 19,000
1st Preference Mortgage Corp
9423 BELAIR RD
BALTIMORE, MD 21236
* $ 10,000,000 1 $ 102,000
American Business Financial
100 PENN SQUARE EAST
PHILADELPHIA, PA 19107
* $ 10,000,000 1 $ 69,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 1 $ 27,000
Aurora Bank FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 14,165,872,000 1 $ 63,000
Flagstar Bank
5151 CORPORATE DR
TROY, MI 48098
* $ 10,551,758,000 1 $ 79,000
Amarillo National Bank
410 S TAYLOR STREET
AMARILLO, TX 79101
* $ 1,501,901,000 1 $ 46,000
New Century Mortgage Corporati
18400 VON KARMAN AVE., SUITE 1000
IRVINE, CA 92612
* $ 10,000,000 1 $ 49,000
Washington Mutual Bank
227 EAST AVENUE
ALBION, NY 14411
* $ 234,680,095,000 1 $ 60,000
Bank of America, N.A.
4500 PARK GRANADA
CALABASAS, CA 91302
* $ 617,888,534,000 1 $ 32,000
People's Choice Financial Corp
7515 IRVINE CENTER DR.
IRVINE, CA 92618
* $ 10,000,000 1 $ 49,000
Alethes, LLC
8601 RR 2222 BLDG 1 STE 150
AUSTIN, TX 78730
* $ 10,000,000 1 $ 85,000
Chase Manhattan Mortgage Corp.
194 WOOD AVENUE SOUTH
ISELIN, NJ 08830
* $ 770,912,000 1 $ 76,000
Beneficial
140 INDUSTRIAL DRIVE
ELMHURST, IL 60126
* $ 10,000,000 1 $ 64,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 256,787,000,000 1 $ 25,000

The tables below break down 2004 mortgage applications in Roberts 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 Roberts County, TX in 2004

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 14 $801,000 $57,000 $85,000 $52,000 $112,000
Home Purchase 11 $655,000 $59,000 $102,000 $98,000 $660,000
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 18 $1,077,000 $59,000 $102,000 $86,000 $660,000
Not Provided 5 $254,000 $50,000 $69,000 $52,000 $87,000
Not applicable 2 $125,000 $62,000 $65,000 $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
Hispanic 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 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) 23 $1,333,000 $57,000 $102,000 $79,000 $660,000
VA-guaranteed (Veterans Administration) 2 $123,000 $61,000 $63,000 $0 $0
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

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 11 $603,000 $54,000 $85,000 $50,000 $112,000
Application Withdrawn By Applicant 4 $319,000 $79,000 $102,000 $201,000 $660,000
Application Approved But Not Accepted 3 $177,000 $59,000 $68,000 $81,000 $87,000
Application Denied By Financial Institution 3 $150,000 $50,000 $64,000 $60,000 $65,000
Loan Purchased By The Institution 3 $188,000 $62,000 $65,000 $0 $0
File Closed For Incompleteness 1 $19,000 $19,000 $19,000 $31,000 $31,000
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 1 $64,000 $64,000 $64,000 $58,000 $58,000
Collateral 1 $61,000 $61,000 $61,000 $65,000 $65,000
Other 1 $25,000 $25,000 $25,000 $58,000 $58,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 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

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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