Union County, NM Mortgage Lenders & HMDA Data, 2005

In 2005, lenders reported 319 mortgage applications in Union County, NM totaling $30.3 million, up 44% from 2004. The average application was for $94,000, and applicants reported an average income of $48,000. 31% of applications resulted in an originated loan and 26% were denied. The most active lender was Home123 Corporation, with 99 applications, followed by Hfc Company LLC and Countrywide Home Loans.

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Total Number of Mortgage Applications 319
Total Mortgage Loan Application Amount $30,251,000
Average Mortgage Loan Application Amount $94,000
Highest Mortgage Loan Application Amount $801,000
Average Applicant Income $48,000
Highest Applicant Income $252,000

Mortgage Company List for Lending in Union County, NM for 2005

* 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
Home123 Corporation
3351 MICHELSON DRIVE, SUITE 400
IRVINE, CA 92612
* $ 10,000,000 99 $ 14,256,000
Hfc Company LLC
140 INDUSTRIAL DRIVE
ELMHURST, IL 60126
* $ 97,714,234,000 22 $ 1,575,000
Countrywide Home Loans
30930 RUSSELL RANCH ROAD MS WLRR-148
WESTLAKE VILLAGE, CA 91362
* $ 128,495,705,000 12 $ 1,018,000
Ameriquest Mortgage Company
1100 TOWN & COUNTRY ROAD
ORANGE, CA 92868
* $ 10,000,000 10 $ 838,000
Beneficial Company LLC
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 500,990,000 10 $ 696,000
Accredited Home Lenders, Inc
15253 AVENUE OF SCIENCE BLDG 1
SAN DIEGO, CA 92128
* $ 10,000,000 10 $ 931,000
Nationstar Mortgage
8950 CYPRESS WATERS BLVD.
COPPELL, TX 75019
* $ 10,000,000 9 $ 590,000
Vanderbilt Mortgage
500 ALCOA TRAIL
MARYVILLE, TN 37804
* $ 31,000,000 8 $ 439,000
Embrace Home Loans, Inc.
25 ENTERPRISE CENTER
MIDDLETOWN, RI 02842
* $ 10,000,000 8 $ 726,000
Gmac Mortgage LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 31,000,000 8 $ 443,000
Great Western Financial Services, Inc.
5408 W PLANO PKWY
PLANO, TX 75093
* $ 10,000,000 7 $ 573,000
Washington Mutual Bank
227 EAST AVENUE
ALBION, NY 14411
* $ 272,927,502,000 7 $ 393,000
People's Choice Financial Corp
7515 IRVINE CENTER DR.
IRVINE, CA 92618
* $ 10,000,000 7 $ 607,000
PHH Mortgage Corporation

WEST PALM BEACH, FL 33409
* $ 31,000,000 7 $ 406,000
Encore Credit Corp
1833 ALTON PARKWAY
IRVINE, CA 92606
* $ 10,000,000 6 $ 518,000
Millennia Mortgage Corporation
9891 IRVINE CENTER DRIVE, STE. 200
IRVINE, CA 92618
* $ 10,000,000 6 $ 426,000
JPMorgan Chase Bank, NA
1111 POLARIS PARKWAY
COLUMBUS, OH 43240
* $ 967,365,000,000 5 $ 291,000
Residential Funding Corp. LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 5 $ 500,000
United Financial Mortgage Corp
815 COMMERCE DRIVE SUITE 100
OAK BROOK, IL 60523
* $ 10,000,000 5 $ 416,000
Wells Fargo Bank, NA
1 HOME CAMPUS, 4TH FLOOR, MAC X2301-042
DES MOINES, IA 50328
* $ 366,256,000,000 5 $ 302,000
Saxon Mortgage
4840 COX ROAD
GLEN ALLEN, VA 23060
* $ 10,000,000 4 $ 268,000
First Horizon Home Loan Corp
4000 HORIZON WAY
IRVING, TX 75063
* $ 1,446,000,000 4 $ 270,000
Aurora Bank FSB
1271 SIXTH AVENUE, 46TH FLOOR
NEW YORK, NY 10020
* $ 19,456,642,000 3 $ 185,000
Finance America
745 SEVENTH AVENUE, 24TH FLOOR
NEW YORK, NY 10019
* $ 250,000,000 3 $ 247,000
Greenlight Financial Services
18200 VON KARMAN STE #300
IRVINE, CA 92612
* $ 10,000,000 3 $ 160,000
National City Bank of Indiana
1900 EAST NINTH
CLEVELAND, OH 44114
* $ 28,456,701,000 3 $ 156,000
Wells Fargo Fin'l New Mexico
800 WALNUT ST, 6TH FLOOR, MAC F4031-061
DES MOINES, IA 50309
* $ 236,603,000 3 $ 114,000
Scme Mortgage Bankers, Inc
6265 GREENWICH DRIVE, SUITE 200
SAN DIEGO, CA 92122
* $ 10,000,000 2 $ 152,000
State Farm Bank
1 STATE FARM PLAZA
BLOOMINGTON, IL 61710
* $ 10,353,821,000 2 $ 161,000
New Century Mortgage Corporati
18400 VON KARMAN AVE., SUITE 1000
IRVINE, CA 92612
* $ 10,000,000 2 $ 175,000
Hic-Star Corp. Fka Ampro Mtg.
400 N TUSTIN AVE #100
SANTA ANA, CA 92705
* $ 10,000,000 2 $ 188,000
Ge Money Bank
4246 SOUTH RIVERBOAT RDCSUITE 200
SALT LAKE CITY, UT 84123
* $ 7,000,000,000 2 $ 175,000
Decision One Mortgage
26525 N. RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 339,807,228,000 2 $ 108,000
E-Loan, Inc.
6230 STONERIDGE MALL ROAD
PLEASANTON, CA 94588
* $ 10,000,000 2 $ 104,000
American Mortgage Express
10251 VISTA SORRENTO PARKWAY
SAN DIEGO, CA 92121
* $ 10,000,000 2 $ 128,000
Citimortgage, Inc
850 THIRD AVENUE, 12TH FLOOR
NEW YORK, NY 10022
* $ 59,720,267,000 2 $ 100,000
All Fund Mortgage
8808 PACIFIC AVE.
TACOMA, WA 98444
* $ 10,000,000 1 $ 84,000
Calusa Investments, L.L.C.
P.O. BOX 710840
HERNDON, VA 20171
* $ 10,000,000 1 $ 95,000
Chase Manhattan Bank USA, NA
200 WHITE CLAY CENTER DR
NEWARK, DE 19711
* $ 88,743,171,000 1 $ 61,000
Citicorp Trust Bank, FSB
601 LEXINGTON AVENUE, 20TH FLOOR
NEW YORK, NY 10022
* $ 32,424,600,000 1 $ 115,000
Cuna Mutual Mortgage Corporati
2908 MARKETPLACE DRIVE SUITE 100
MADISON, WI 53719
* $ 10,000,000 1 $ 22,000
First Magnus Financial Corp
603 N. WILMOT ROAD
TUCSON, AZ 85711
* $ 10,000,000 1 $ 103,000
First Nlc Financial Services,
4680 CONFERENCE WAY SOUTH
BOCA RATON, FL 33431
* $ 10,000,000 1 $ 80,000
Flagstar Bank
5151 CORPORATE DR
TROY, MI 48098
* $ 13,102,536,000 1 $ 25,000
Fieldstone Mortgage Company
11000 BROKEN LAND PARKWAY, SUITE 900
COLUMBIA, MD 21044
* $ 10,000,000 1 $ 92,000
Mortgage It Inc
60 WALL ST
NEW YORK, NY 10005
* $ 10,000,000 1 $ 59,000
Homecomings Financial LLC
1100 VIRGINIA DRIVE
FT. WASHINGTON, PA 19034
* $ 10,000,000 1 $ 88,000
HSBC Mortgage Services, Inc.
26525 NORTH RIVERWOODS BLVD.
METTAWA, IL 60045
* $ 18,823,411,000 1 $ 92,000
Irwin Mortgage Corporation
10500 KINCAID DRIVE
FISHERS, IN 47037
* $ 4,870,451,000 1 $ 37,000
New Mexico Bank & Trust
320 GOLD SW STE 100
ALBUQUERQUE, NM 87102
* $ 490,564,000 1 $ 80,000
Origen Financial Services LLC
27777 FRANKLIN ROAD SUITE 1710
SOUTHFIELD, MI 48034
* $ 10,000,000 1 $ 64,000
Saxon Funding Management, Inc.
4860 COX ROAD
GLEN ALLEN, VA 23060
* $ 6,539,000,000,000 1 $ 53,000
Suntrust Mortgage, Inc
901 SEMMES AVENUE
RICHMOND, VA 23224
* $ 130,780,100,000 1 $ 53,000
Washtenaw Mortgage Company
3767 RANCHERO DRIVE
ANN ARBOR, MI 48108
* $ 10,000,000 1 $ 118,000
Weststar Mortgage Corporation
6363 NORTH STATE HIGHWAY 161
ALBUQUERQUE, NM 87113
* $ 26,864,000 1 $ 106,000
Wachovia Mortgage FSB
TONYA YOUNG 100 N MAIN ST MAC D4001-063
WINSTON-SALEM, NC 27101
* $ 106,816,527,000 1 $ 45,000

The tables below break down 2005 mortgage applications in Union County, NM by loan purpose, applicant race, loan type, outcome and denial reason. Click a column heading to sort.

Mortgage Loan Application Detail Totals for Union County, NM 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 136 $10,800,000 $79,000 $185,000 $49,000 $197,000
Home Purchase 113 $10,817,000 $95,000 $350,000 $48,000 $252,000
Home Improvement 70 $8,634,000 $123,000 $801,000 $43,000 $208,000

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 154 $15,511,000 $100,000 $801,000 $58,000 $252,000
Hispanic 105 $10,389,000 $98,000 $350,000 $37,000 $108,000
Not Provided 38 $2,734,000 $71,000 $158,000 $51,000 $197,000
Not applicable 14 $1,035,000 $73,000 $158,000 $9,000 $99,000
American Indian or Alaskan Native 5 $351,000 $70,000 $119,000 $39,000 $68,000
Native Hawaiian or Other Pacific Islander 2 $175,000 $87,000 $140,000 $90,000 $90,000
Black or African American 1 $56,000 $56,000 $56,000 $30,000 $30,000
Asian 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) 314 $29,845,000 $95,000 $801,000 $48,000 $252,000
FHA-insured (Federal Housing Administration) 3 $274,000 $91,000 $106,000 $37,000 $57,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 1 $95,000 $95,000 $95,000 $34,000 $34,000
VA-guaranteed (Veterans Administration) 1 $37,000 $37,000 $37,000 $14,000 $14,000

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 98 $10,967,000 $111,000 $350,000 $55,000 $252,000
Application Withdrawn By Applicant 88 $9,821,000 $111,000 $801,000 $48,000 $208,000
Application Denied By Financial Institution 83 $5,776,000 $69,000 $258,000 $44,000 $125,000
Loan Purchased By The Institution 31 $2,311,000 $74,000 $158,000 $33,000 $99,000
Application Approved But Not Accepted 13 $900,000 $69,000 $115,000 $62,000 $140,000
File Closed For Incompleteness 6 $476,000 $79,000 $119,000 $63,000 $131,000
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 13 $768,000 $59,000 $115,000 $44,000 $125,000
Other 13 $871,000 $67,000 $96,000 $36,000 $125,000
Collateral 12 $805,000 $67,000 $140,000 $67,000 $125,000
Credit Application Incomplete 1 $75,000 $75,000 $75,000 $44,000 $44,000
Unverifiable Information 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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