Terrell County, TX Mortgage Lenders & HMDA Data, 2011

In 2011, lenders reported 26 mortgage applications in Terrell County, TX totaling $2.4 million, down 10% from 2010. The average application was for $90,000, and applicants reported an average income of $63,000. 31% of applications resulted in an originated loan and 23% were denied. The most active lender was Wells Fargo Bank NA, with 5 applications, followed by Bank of America NA and 21st Mortgage.

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Total Number of Mortgage Applications 26
Total Mortgage Loan Application Amount $2,363,000
Average Mortgage Loan Application Amount $90,000
Highest Mortgage Loan Application Amount $200,000
Average Applicant Income $63,000
Highest Applicant Income $133,000

Mortgage Company List for Lending in Terrell County, TX for 2011

* 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

MINNEAPOLIS, MN 55415
* $ 1,104,833,000,000 5 $ 600,000
Bank of America NA
31303 AGOURA RD CA6-917-01-20
WESTLAKE VILLAGE, CA 91361
* $ 1,454,050,584,000 3 $ 228,000
21st Mortgage
620 MARKET ST SUITE 100
KNOXVILLE, TN 37902
* $ 10,000,000 3 $ 110,000
Lrs Financial Network dba Hnb Mortgage
2101 W. WADLEY STE. 36
MIDLAND, TX 79705
* $ 11,322,000 2 $ 279,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 1,791,060,000,000 2 $ 211,000
State Farm Bank, F.S.B.
1 STATE FARM PLAZA E-6
BLOOMINGTON, IL 61710
* $ 14,796,328,000 1 $ 100,000
Gardner Financial Services
1635 NE LOOP 410, SUITE 700
SAN ANTONIO, TX 78209
* $ 2,563,000 1 $ 61,000
Amerisave Mortgage Company
1200 ALTMORE AVENUE BUILDING 2 SUITE 300
SANDY SPRINGS, GA 30342
* $ 8,994,122,000 1 $ 125,000
Home Loan Center, Inc.
11115 RUSHMORE DRIVE
CHARLOTTE, NC 28277
* $ 10,000,000 1 $ 120,000
Citifinancial, Inc.
300 ST. PAUL PLACE
BALTIMORE, MD 21202
* $ 1,494,037,000,000 1 $ 15,000
US Bank, N.A.
425 WALNUT STREET
CINCINNATI, OH 45202
* $ 310,099,589,000 1 $ 135,000
USAA Federal Savings Bank
10750 MCDERMOTT FREEWAY
SAN ANTONIO, TX 78288
* $ 48,783,813,000 1 $ 33,000
The Bank and Trust, S.S.B.
1200 VETERANS BLVD
DEL RIO, TX 78840
* $ 390,314,000 1 $ 114,000
Castroville State Bank
502 PARIS ST.
CASTROVILLE, TX 78009
* $ 111,790,000 1 $ 60,000
Flagstar Bank NA

TROY, MI 49098
* $ 12,648,357,000 1 $ 99,000

The tables below break down 2011 mortgage applications in Terrell 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 Terrell County, TX in 2011

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 18 $1,738,000 $96,000 $200,000 $56,000 $133,000
Refinancing 6 $577,000 $96,000 $126,000 $81,000 $110,000
Home Improvement 2 $48,000 $24,000 $33,000 $76,000 $88,000

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 14 $1,361,000 $97,000 $200,000 $71,000 $133,000
Hispanic 9 $703,000 $78,000 $126,000 $61,000 $88,000
Asian 1 $131,000 $131,000 $131,000 $34,000 $34,000
Not applicable 1 $135,000 $135,000 $135,000 $0 $0
Not Provided 1 $33,000 $33,000 $33,000 $65,000 $65,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Black or African American 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) 11 $782,000 $71,000 $131,000 $65,000 $110,000
FHA-insured (Federal Housing Administration) 10 $814,000 $81,000 $126,000 $53,000 $69,000
VA-guaranteed (Veterans Administration) 5 $767,000 $153,000 $200,000 $80,000 $133,000
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 8 $750,000 $93,000 $153,000 $71,000 $119,000
Loan Purchased By The Institution 6 $575,000 $95,000 $135,000 $46,000 $69,000
Application Denied By Financial Institution 6 $435,000 $72,000 $131,000 $64,000 $103,000
Application Approved But Not Accepted 4 $373,000 $93,000 $200,000 $75,000 $133,000
Application Withdrawn By Applicant 2 $230,000 $115,000 $144,000 $61,000 $76,000
File Closed For Incompleteness 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 2 $133,000 $66,000 $100,000 $71,000 $78,000
Debt-To-Income Ratio 1 $36,000 $36,000 $36,000 $18,000 $18,000
Credit Application Incomplete 1 $131,000 $131,000 $131,000 $34,000 $34,000
Other 1 $120,000 $120,000 $120,000 $103,000 $103,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 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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