First National Bank
Mortgage Loan Application
Totals and Details
for 2006

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 National 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 National Bank
303 W Main
Artesia, NM 88210
Tel #: available with data download
Federal Regulator * available with data download
Years 2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 646
Total Mortgage Loan Application Amount $79,172,000
Average Mortgage Loan Application Amount $91,333
Highest Mortgage Loan Application Amount $1,500,000
Average Applicant Income $69,000
Highest Applicant Income $1,161,000

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 National Bank by County in 2006

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Dona Ana County New Mexico 245 $ 35,199,000 $ 143,000 $ 69,000
Lea County New Mexico 125 $ 14,861,000 $ 118,000 $ 104,000
Eddy County New Mexico 90 $ 7,621,000 $ 84,000 $ 63,000
Otero County New Mexico 76 $ 9,616,000 $ 126,000 $ 56,000
Chaves County New Mexico 62 $ 5,607,000 $ 90,000 $ 48,000
Lincoln County New Mexico 6 $ 745,000 $ 124,000 $ 152,000
Lubbock County Texas 4 $ 541,000 $ 135,000 $ 110,000
Sierra County New Mexico 3 $ 333,000 $ 111,000 $ 52,000
Will County Illinois 2 $ 236,000 $ 118,000 $ 81,000
Luna County New Mexico 2 $ 378,000 $ 189,000 $ 58,000
DeKalb County Georgia 1 $ 431,000 $ 431,000 $ 0
Oakland County Michigan 1 $ 140,000 $ 140,000 $ 57,000
Bernalillo County New Mexico 1 $ 100,000 $ 100,000 $ 0
Curry County New Mexico 1 $ 48,000 $ 48,000 $ 106,000
De Baca County New Mexico 1 $ 413,000 $ 413,000 $ 0
Roosevelt County New Mexico 1 $ 201,000 $ 201,000 $ 106,000
Santa Fe County New Mexico 1 $ 90,000 $ 90,000 $ 0
Wagoner County Oklahoma 1 $ 202,000 $ 202,000 $ 51,000
Gaines County Texas 1 $ 250,000 $ 250,000 $ 342,000
Midland County Texas 1 $ 220,000 $ 220,000 $ 96,000
Williamson County Texas 1 $ 123,000 $ 123,000 $ 67,000
Young County Texas 1 $ 408,000 $ 408,000 $ 1,161,000
Salt Lake County Utah 1 $ 198,000 $ 198,000 $ 64,000

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 National Bank in 2006

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 433 $52,741,000 $121,000 $1,500,000 $66,000 $1,161,000
Refinancing 201 $26,155,000 $130,000 $500,000 $90,000 $562,000
Home Improvement 12 $276,000 $23,000 $58,000 $51,000 $89,000

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 405 $51,294,000 $126,000 $500,000 $84,000 $1,161,000
Hispanic 185 $19,316,000 $104,000 $487,000 $53,000 $294,000
Not Provided 20 $3,437,000 $171,000 $1,500,000 $48,000 $159,000
Not applicable 16 $2,484,000 $155,000 $431,000 $0 $0
Black or African American 9 $895,000 $99,000 $196,000 $85,000 $224,000
American Indian or Alaskan Native 6 $813,000 $135,000 $417,000 $277,000 $446,000
Asian 3 $506,000 $168,000 $266,000 $56,000 $79,000
Native Hawaiian or Other Pacific Islander 2 $427,000 $213,000 $269,000 $71,000 $102,000

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) 438 $56,031,000 $127,000 $1,500,000 $87,000 $1,161,000
FHA-insured (Federal Housing Administration) 136 $13,223,000 $97,000 $202,000 $41,000 $146,000
VA-guaranteed (Veterans Administration) 72 $9,918,000 $137,000 $375,000 $54,000 $124,000
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 574 $72,296,000 $125,000 $1,500,000 $77,000 $1,161,000
Application Withdrawn By Applicant 32 $4,458,000 $139,000 $473,000 $60,000 $149,000
Application Denied By Financial Institution 28 $1,654,000 $59,000 $159,000 $42,000 $158,000
Preapproval Denied by Financial Institution 12 $764,000 $63,000 $288,000 $24,000 $71,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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 18 $758,000 $42,000 $159,000 $27,000 $67,000
Debt-To-Income Ratio 10 $713,000 $71,000 $288,000 $40,000 $71,000
Employment History 4 $272,000 $68,000 $128,000 $18,000 $34,000
Collateral 4 $271,000 $67,000 $112,000 $61,000 $158,000
Unverifiable Information 2 $168,000 $84,000 $134,000 $69,000 $69,000
Other 1 $146,000 $146,000 $146,000 $54,000 $54,000
Insufficient Cash (Downpayment, Closing Cost) 1 $90,000 $90,000 $90,000 $66,000 $66,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 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