First Federal Bank
Mortgage Loan Application
Totals and Details
for 2005
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 Federal 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 Federal Bank 300 N. Pennsylvania Ave. Roswell, NM 88201 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 828 |
| Total Mortgage Loan Application Amount | $99,342,000 |
| Average Mortgage Loan Application Amount | $97,750 |
| Highest Mortgage Loan Application Amount | $632,000 |
| Average Applicant Income | $80,500 |
| Highest Applicant Income | $850,000 |
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.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Chaves County New Mexico | 223 | $ 17,072,000 | $ 76,000 | $ 58,000 |
| Dona Ana County New Mexico | 170 | $ 21,879,000 | $ 128,000 | $ 50,000 |
| Otero County New Mexico | 144 | $ 16,570,000 | $ 115,000 | $ 55,000 |
| Bernalillo County New Mexico | 70 | $ 12,870,000 | $ 183,000 | $ 121,000 |
| McKinley County New Mexico | 67 | $ 7,813,000 | $ 116,000 | $ 66,000 |
| Lincoln County New Mexico | 39 | $ 5,536,000 | $ 141,000 | $ 74,000 |
| El Paso County Texas | 30 | $ 3,473,000 | $ 115,000 | $ 91,000 |
| San Juan County New Mexico | 12 | $ 2,020,000 | $ 168,000 | $ 136,000 |
| Santa Fe County New Mexico | 10 | $ 3,146,000 | $ 314,000 | $ 132,000 |
| Sandoval County New Mexico | 9 | $ 1,846,000 | $ 205,000 | $ 146,000 |
| Eddy County New Mexico | 7 | $ 871,000 | $ 124,000 | $ 75,000 |
| Valencia County New Mexico | 7 | $ 697,000 | $ 99,000 | $ 54,000 |
| Cibola County New Mexico | 5 | $ 286,000 | $ 57,000 | $ 38,000 |
| Colfax County New Mexico | 5 | $ 817,000 | $ 163,000 | $ 156,000 |
| Boulder County Colorado | 3 | $ 674,000 | $ 224,000 | $ 107,000 |
| Curry County New Mexico | 3 | $ 452,000 | $ 150,000 | $ 108,000 |
| Taos County New Mexico | 3 | $ 793,000 | $ 264,000 | $ 108,000 |
| Sierra County New Mexico | 2 | $ 259,000 | $ 129,000 | $ 168,000 |
| Lubbock County Texas | 2 | $ 307,000 | $ 153,000 | $ 106,000 |
| Yoakum County Texas | 2 | $ 67,000 | $ 33,000 | $ 85,000 |
| Yolo County California | 1 | $ 50,000 | $ 50,000 | $ 31,000 |
| Pueblo County Colorado | 1 | $ 160,000 | $ 160,000 | $ 221,000 |
| Hidalgo County New Mexico | 1 | $ 81,000 | $ 81,000 | $ 22,000 |
| Luna County New Mexico | 1 | $ 50,000 | $ 50,000 | $ 13,000 |
| Mora County New Mexico | 1 | $ 488,000 | $ 488,000 | $ 120,000 |
| Torrance County New Mexico | 1 | $ 28,000 | $ 28,000 | $ 35,000 |
| Guadalupe County Texas | 1 | $ 114,000 | $ 114,000 | $ 60,000 |
| Harris County Texas | 1 | $ 78,000 | $ 78,000 | $ 36,000 |
| Hidalgo County Texas | 1 | $ 132,000 | $ 132,000 | $ 226,000 |
| Midland County Texas | 1 | $ 84,000 | $ 84,000 | $ 177,000 |
| Moore County Texas | 1 | $ 64,000 | $ 64,000 | $ 147,000 |
| Nolan County Texas | 1 | $ 76,000 | $ 76,000 | $ 46,000 |
| Randall County Texas | 1 | $ 360,000 | $ 360,000 | $ 106,000 |
| Runnels County Texas | 1 | $ 32,000 | $ 32,000 | $ 29,000 |
| Taylor County Texas | 1 | $ 97,000 | $ 97,000 | $ 95,000 |
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 Federal Bank 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 |
|---|---|---|---|---|---|---|
| Home Purchase | 437 | $52,894,000 | $95,333 | $632,000 | $61,666 | $689,000 |
| Refinancing | 374 | $46,086,000 | $150,000 | $600,000 | $112,333 | $850,000 |
| Home Improvement | 17 | $362,000 | $23,000 | $92,000 | $61,000 | $162,000 |
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 | 493 | $63,874,000 | $135,666 | $632,000 | $117,666 | $850,000 |
| Hispanic | 272 | $24,125,000 | $75,000 | $431,000 | $51,666 | $332,000 |
| Asian | 25 | $4,832,000 | $153,000 | $500,000 | $44,500 | $318,000 |
| Not Provided | 14 | $2,389,000 | $258,000 | $360,000 | $123,500 | $285,000 |
| American Indian or Alaskan Native | 11 | $1,679,000 | $152,000 | $343,000 | $78,000 | $300,000 |
| Black or African American | 10 | $1,620,000 | $162,000 | $420,000 | $86,000 | $255,000 |
| Not applicable | 2 | $646,000 | $323,000 | $350,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 1 | $177,000 | $177,000 | $177,000 | $61,000 | $61,000 |
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) | 666 | $82,927,000 | $124,000 | $632,000 | $89,500 | $850,000 |
| FHA-insured (Federal Housing Administration) | 82 | $6,570,000 | $72,500 | $167,000 | $29,500 | $98,000 |
| VA-guaranteed (Veterans Administration) | 72 | $8,999,000 | $124,000 | $306,000 | $47,000 | $129,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 8 | $846,000 | $105,000 | $157,000 | $45,000 | $61,000 |
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 | 611 | $74,064,000 | $147,000 | $632,000 | $108,666 | $850,000 |
| Application Denied By Financial Institution | 112 | $10,940,000 | $107,500 | $488,000 | $59,000 | $312,000 |
| Application Withdrawn By Applicant | 63 | $7,687,000 | $77,666 | $420,000 | $73,333 | $255,000 |
| Application Approved But Not Accepted | 41 | $6,519,000 | $167,000 | $380,000 | $89,000 | $300,000 |
| File Closed For Incompleteness | 1 | $132,000 | $132,000 | $132,000 | $226,000 | $226,000 |
| 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 |
|---|---|---|---|---|---|---|
| Credit History | 60 | $4,328,000 | $64,000 | $306,000 | $48,000 | $131,000 |
| Debt-To-Income Ratio | 18 | $1,812,000 | $112,000 | $201,000 | $42,500 | $85,000 |
| Credit Application Incomplete | 12 | $1,917,000 | $159,000 | $320,000 | $106,000 | $312,000 |
| Collateral | 9 | $1,023,000 | $116,000 | $488,000 | $74,500 | $120,000 |
| Other | 7 | $1,038,000 | $236,500 | $360,000 | $81,000 | $106,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $526,000 | $131,000 | $164,000 | $50,000 | $84,000 |
| Unverifiable Information | 2 | $296,000 | $148,000 | $175,000 | $49,000 | $64,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 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.