Stonewall County, TX Mortgage Lenders & HMDA Data, 2005

In 2005, lenders reported 37 mortgage applications in Stonewall County, TX totaling $1.9 million, up 42% from 2004. The average application was for $50,000, and applicants reported an average income of $64,000. 35% of applications resulted in an originated loan and 22% were denied. The most active lender was Ameriquest Mortgage Company, with 6 applications, followed by Beneficial Company LLC and Hamlin National Bank.

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Total Number of Mortgage Applications 37
Total Mortgage Loan Application Amount $1,859,000
Average Mortgage Loan Application Amount $50,000
Highest Mortgage Loan Application Amount $240,000
Average Applicant Income $64,000
Highest Applicant Income $216,000
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Top Mortgage Lenders in Stonewall County, TX (2005)

Ranked by the number of mortgage applications each lender reported in Stonewall County, TX in 2005.

# Mortgage Lender Mortgage Applications Total Dollar Amount Average Loan Amount Average Applicant Income
1 Ameriquest Mortgage Company
Orange, CA
6 $446,000 $74,000 $90,000
2 Beneficial Company LLC
Mettawa, IL
4 $68,000 $17,000 $22,000
3 Hamlin National Bank
Hamlin, TX
4 $316,000 $79,000 $85,000
4 Nationstar Mortgage
Coppell, TX
4 $194,000 $48,000 $39,000
5 Countrywide Home Loans
Westlake Village, CA
2 $69,000 $34,000 $26,000
6 Wells Fargo Fin'l Texas, Inc
Des Moines, IA
2 $44,000 $22,000 $42,000
7 Washington Mutual Bank
Albion, NY
2 $74,000 $37,000 $11,000
8 Citizens National Bank of Texas
Waxahachie, TX
1 $68,000 $68,000 $195,000
9 First National Bank in Munday
Munday, TX
1 $10,000 $10,000 $99,000
10 Argent Mortgage Company
Orange, CA
1 $52,000 $52,000 $65,000

See every lender active in Stonewall County, TX in 2005 »

The tables below break down 2005 mortgage applications in Stonewall 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 Stonewall County, TX in 2005

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 16 $985,000 $61,000 $110,000 $61,000 $195,000
Home Purchase 14 $778,000 $55,000 $240,000 $76,000 $216,000
Home Improvement 7 $96,000 $13,000 $22,000 $41,000 $78,000

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 34 $1,725,000 $50,000 $240,000 $67,000 $216,000
Not Provided 2 $107,000 $53,000 $72,000 $38,000 $60,000
Hispanic 1 $27,000 $27,000 $27,000 $23,000 $23,000
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) 37 $1,859,000 $50,000 $240,000 $64,000 $216,000
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
Application Withdrawn By Applicant 14 $828,000 $59,000 $110,000 $56,000 $120,000
Loan Originated 13 $727,000 $55,000 $240,000 $85,000 $216,000
Application Denied By Financial Institution 8 $251,000 $31,000 $77,000 $46,000 $120,000
Application Approved But Not Accepted 2 $53,000 $26,000 $31,000 $35,000 $42,000
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
Other 3 $174,000 $58,000 $77,000 $69,000 $120,000
Collateral 1 $20,000 $20,000 $20,000 $47,000 $47,000
Debt-To-Income Ratio 1 $27,000 $27,000 $27,000 $23,000 $23,000
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
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 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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