First Community Bank
Mortgage Loan Application
Totals and Details
for 2008

Find mortgage loan statistics, lending data, and loan application totals for New Mexico.
The mortgage statistics and data below are specific to mortgage loan applications for First Community Bank.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address First Community Bank
Po Box 3686
Albuquerque, NM 87190
Tel #: available with data download
Federal Regulator * available with data download
Years 2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 2,223
Total Mortgage Loan Application Amount $407,078,000
Average Mortgage Loan Application Amount $154,000
Highest Mortgage Loan Application Amount $9,000,000
Average Applicant Income $85,333
Highest Applicant Income $3,221,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in NM, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for First Community Bank by Metropolitan Area in 2008

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
ALBUQUERQUE, NM 797 $ 139,605,000 $ 175,000 $ 89,000
COLORADO SPRINGS, CO 363 $ 83,541,000 $ 230,000 $ 107,000
DENVER-AURORA, CO 277 $ 60,994,000 $ 220,000 $ 93,000
LAS CRUCES, NM 92 $ 14,592,000 $ 158,000 $ 76,000
SANTA FE, NM 89 $ 14,132,000 $ 158,000 $ 113,000
PHOENIX-MESA-SCOTTSDALE, AZ 45 $ 14,995,000 $ 333,000 $ 50,000
BOULDER, CO 34 $ 5,223,000 $ 153,000 $ 126,000
GREELEY, CO 29 $ 4,766,000 $ 164,000 $ 73,000
FORT COLLINS-LOVELAND, CO 18 $ 3,548,000 $ 197,000 $ 62,000
SALT LAKE CITY, UT 10 $ 3,616,000 $ 361,000 $ 63,000
PUEBLO, CO 7 $ 1,213,000 $ 173,000 $ 55,000
LAS VEGAS-PARADISE, NV 4 $ 1,094,000 $ 273,000 $ 128,000
PROVO-OREM, UT 4 $ 946,000 $ 236,000 $ 94,000
DALLAS-PLANO-IRVING, TX 3 $ 535,000 $ 178,000 $ 52,000
EL PASO, TX 3 $ 808,000 $ 269,000 $ 122,000
FARMINGTON, NM 3 $ 516,000 $ 172,000 $ 56,000
FORT WORTH-ARLINGTON, TX 3 $ 320,000 $ 106,000 $ 105,000
GRAND JUNCTION, CO 3 $ 595,000 $ 198,000 $ 169,000
SAN DIEGO-CARLSBAD-SAN MARCOS, CA 3 $ 1,203,000 $ 401,000 $ 169,000
AMARILLO, TX 2 $ 270,000 $ 135,000 $ 52,000
CHICAGO-NAPERVILLE-JOLIET, IL 2 $ 870,000 $ 435,000 $ 73,000
LUBBOCK, TX 2 $ 149,000 $ 74,000 $ 45,000
SAN ANTONIO, TX 2 $ 207,000 $ 103,000 $ 210,000
SANTA ANA-ANAHEIM-IRVINE, CA 2 $ 1,014,000 $ 507,000 $ 297,000
TUCSON, AZ 2 $ 2,005,000 $ 1,002,000 $ 9,000
WICHITA, KS 2 $ 296,000 $ 148,000 $ 71,000
CINCINNATI-MIDDLETOWN, OH-KY-IN 1 $ 240,000 $ 240,000 $ 105,000
FAYETTEVILLE-SPRINGDALE-ROGERS, AR-MO 1 $ 223,000 $ 223,000 $ 118,000
JACKSONVILLE, FL 1 $ 201,000 $ 201,000 $ 0
LAWTON, OK 1 $ 128,000 $ 128,000 $ 60,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 1 $ 500,000 $ 500,000 $ 180,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 1 $ 10,000 $ 10,000 $ 112,000
MINNEAPOLIS-ST. PAUL-BLOOMINGTON, MN-WI 1 $ 227,000 $ 227,000 $ 0
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 1 $ 234,000 $ 234,000 $ 316,000
PENSACOLA-FERRY PASS-BRENT, FL 1 $ 746,000 $ 746,000 $ 637,000
PORTLAND-VANCOUVER-BEAVERTON, OR-WA 1 $ 280,000 $ 280,000 $ 100,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 1 $ 345,000 $ 345,000 $ 58,000
SPRINGFIELD, MO 1 $ 162,000 $ 162,000 $ 118,000
ST. GEORGE, UT 1 $ 375,000 $ 375,000 $ 541,000
WILLIAMSPORT, PA 1 $ 94,000 $ 94,000 $ 119,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of New Mexico, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for First Community Bank in 2008

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 1,164 $230,983,000 $198,000 $4,000,000 $94,000 $3,221,000
Refinancing 754 $160,223,000 $212,000 $3,000,000 $95,000 $2,484,000
Home Improvement 305 $15,872,000 $52,000 $9,000,000 $67,000 $1,200,000

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 1,265 $247,447,000 $195,000 $4,000,000 $98,000 $2,484,000
Hispanic 498 $52,980,000 $106,000 $1,750,000 $64,000 $720,000
Not Provided 244 $57,847,000 $237,000 $1,650,000 $120,000 $1,399,000
Not applicable 93 $33,164,000 $356,000 $9,000,000 $0 $0
American Indian or Alaskan Native 48 $2,944,000 $61,000 $284,000 $52,000 $285,000
Black or African American 36 $6,223,000 $172,000 $597,000 $63,000 $203,000
Asian 35 $5,904,000 $168,000 $348,000 $343,000 $3,221,000
Native Hawaiian or Other Pacific Islander 4 $569,000 $142,000 $232,000 $42,000 $53,000

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) 1,569 $288,506,000 $183,000 $9,000,000 $102,000 $3,221,000
FHA-insured (Federal Housing Administration) 483 $79,854,000 $165,000 $413,000 $63,000 $438,000
VA-guaranteed (Veterans Administration) 171 $38,718,000 $226,000 $597,000 $66,000 $256,000
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 1,658 $309,904,000 $186,000 $4,000,000 $93,000 $3,221,000
Application Denied By Financial Institution 257 $17,402,000 $67,000 $746,000 $59,000 $637,000
Application Approved But Not Accepted 253 $57,725,000 $228,000 $1,650,000 $109,000 $660,000
Application Withdrawn By Applicant 53 $21,622,000 $407,000 $9,000,000 $96,000 $535,000
File Closed For Incompleteness 2 $425,000 $212,000 $218,000 $79,000 $82,000
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
Debt-To-Income Ratio 108 $3,082,000 $28,000 $275,000 $46,000 $196,000
Credit History 83 $2,301,000 $27,000 $700,000 $54,000 $305,000
Collateral 8 $535,000 $66,000 $187,000 $69,000 $155,000
Credit Application Incomplete 1 $8,000 $8,000 $8,000 $74,000 $74,000
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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in NM, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in New Mexico, and search similar information at your convenience.

Download the New Mexico Lender List