San Augustine County, TX Mortgage Lenders & HMDA Data, 2006

In 2006, lenders reported 289 mortgage applications in San Augustine County, TX totaling $20.5 million, up 4% from 2005. The average application was for $71,000, and applicants reported an average income of $72,000. 40% of applications resulted in an originated loan and 29% were denied. The most active lender was First Bank & Trust East Texas, with 28 applications, followed by Vanderbilt Mortgage and Nationstar Mortgage.

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Total Number of Mortgage Applications 289
Total Mortgage Loan Application Amount $20,525,000
Average Mortgage Loan Application Amount $71,000
Highest Mortgage Loan Application Amount $600,000
Average Applicant Income $72,000
Highest Applicant Income $1,397,000
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Top Mortgage Lenders in San Augustine County, TX (2006)

Ranked by the number of mortgage applications each lender reported in San Augustine County, TX in 2006.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 First Bank & Trust East Texas
Diboll, TX
28 $1,302,000 $46,000 $87,000
2 Vanderbilt Mortgage
Maryville, TN
19 $719,000 $37,000 $48,000
3 Nationstar Mortgage
Coppell, TX
18 $1,849,000 $102,000 $125,000
4 Countrywide Home Loans
Westlake Village, CA
17 $1,520,000 $89,000 $75,000
5 Capital One NA
Baton Rouge, LA
8 $213,000 $26,000 $42,000
6 Home123 Corporation
Irvine, CA
8 $716,000 $89,000 $43,000
7 Beneficial Company LLC
Mettawa, IL
7 $412,000 $58,000 $45,000
8 Citifinancial Inc
Baltimore, MD
7 $279,000 $39,000 $38,000
9 Option One Mortgage Corp
Irvine, CA
7 $440,000 $62,000 $52,000
10 Wells Fargo Bank, NA
Des Moines, IA
7 $527,000 $75,000 $85,000

See every lender active in San Augustine County, TX in 2006 »

The tables below break down 2006 mortgage applications in San Augustine 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 San Augustine 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 144 $9,532,000 $66,000 $260,000 $72,000 $550,000
Refinancing 108 $10,020,000 $92,000 $600,000 $79,000 $1,397,000
Home Improvement 37 $973,000 $26,000 $125,000 $47,000 $110,000

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 165 $12,720,000 $77,000 $600,000 $81,000 $1,397,000
Black or African American 65 $2,894,000 $44,000 $127,000 $60,000 $228,000
Not Provided 32 $3,080,000 $96,000 $500,000 $72,000 $550,000
Hispanic 13 $806,000 $62,000 $156,000 $55,000 $98,000
Not applicable 11 $918,000 $83,000 $200,000 $30,000 $132,000
Asian 2 $77,000 $38,000 $49,000 $77,000 $82,000
American Indian or Alaskan Native 1 $30,000 $30,000 $30,000 $22,000 $22,000
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) 280 $19,748,000 $70,000 $600,000 $72,000 $1,397,000
FHA-insured (Federal Housing Administration) 6 $525,000 $87,000 $100,000 $68,000 $89,000
VA-guaranteed (Veterans Administration) 3 $252,000 $84,000 $92,000 $55,000 $101,000
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 116 $7,419,000 $63,000 $260,000 $88,000 $1,397,000
Application Denied By Financial Institution 85 $6,207,000 $73,000 $600,000 $55,000 $216,000
Application Withdrawn By Applicant 31 $2,693,000 $86,000 $210,000 $57,000 $203,000
Loan Purchased By The Institution 24 $1,966,000 $81,000 $200,000 $62,000 $228,000
Application Approved But Not Accepted 20 $1,149,000 $57,000 $136,000 $77,000 $245,000
File Closed For Incompleteness 13 $1,091,000 $83,000 $141,000 $83,000 $442,000
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
Other 18 $1,316,000 $73,000 $184,000 $53,000 $120,000
Credit History 16 $609,000 $38,000 $96,000 $48,000 $109,000
Collateral 11 $1,269,000 $115,000 $500,000 $74,000 $198,000
Credit Application Incomplete 6 $563,000 $93,000 $224,000 $77,000 $180,000
Debt-To-Income Ratio 6 $385,000 $64,000 $136,000 $37,000 $55,000
Unverifiable Information 2 $116,000 $58,000 $63,000 $69,000 $96,000
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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