Sre Mortgage Alliance Inc. Mortgage Lending & HMDA Data, 2008

In 2008, Sre Mortgage Alliance Inc. of El Segundo, CA reported 1,546 mortgage applications totaling $564.1 million, down 9% from 2007. The average application was for $364,871, and applicants reported an average income of $144,556. 53% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (660), Riverside-San Bernardino-Ontario, CA (319) and San Diego-Carlsbad-San Marcos, CA (188) (applications in parentheses).

Mortgage Company & Address Sre Mortgage Alliance Inc.
2245 Campus Drive
El Segundo, CA 90245
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  
Total Number of Mortgage Applications 1,546
Total Mortgage Loan Application Amount $564,091,000
Average Mortgage Loan Application Amount $364,871
Highest Mortgage Loan Application Amount $3,000,000
Average Applicant Income $144,556
Highest Applicant Income $1,800,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Sre Mortgage Alliance Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans. Applications reported at $100 million or more are left out of these totals.

Mortgage Loan Application Totals for Sre Mortgage Alliance Inc. by County in 2008

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Los Angeles, California 660 $ 268,052,000 $ 406,139 $ 156,000
San Diego, California 188 $ 72,463,000 $ 385,441 $ 142,000
Riverside, California 185 $ 47,497,000 $ 256,740 $ 122,000
San Bernardino, California 134 $ 36,826,000 $ 274,820 $ 114,000
Orange, California 115 $ 42,372,000 $ 368,452 $ 161,000
Ventura, California 69 $ 25,576,000 $ 370,666 $ 137,000
San Luis Obispo, California 17 $ 5,905,000 $ 347,352 $ 122,000
Santa Fe, New Mexico 17 $ 5,280,000 $ 310,588 $ 127,000
Kern, California 15 $ 2,645,000 $ 176,333 $ 119,000
Santa Barbara, California 15 $ 6,863,000 $ 457,533 $ 198,000
Fresno, California 11 $ 3,240,000 $ 294,545 $ 114,000
Alameda, California 9 $ 4,597,000 $ 510,777 $ 181,000
Santa Clara, California 9 $ 4,743,000 $ 527,000 $ 155,000
San Mateo, California 7 $ 2,487,000 $ 355,285 $ 136,000
Contra Costa, California 6 $ 2,674,000 $ 445,666 $ 184,000
Monterey, California 6 $ 2,350,000 $ 391,666 $ 97,000
Sacramento, California 5 $ 1,545,000 $ 309,000 $ 87,000
San Francisco, California 5 $ 3,293,000 $ 658,600 $ 191,000
Sonoma, California 5 $ 2,041,000 $ 408,200 $ 122,000
Imperial, California 3 $ 385,000 $ 128,333 $ 74,000
Madera, California 3 $ 819,000 $ 273,000 $ 71,000
San Benito, California 3 $ 959,000 $ 319,666 $ 111,000
Butte, California 2 $ 521,000 $ 260,500 $ 106,000
Merced, California 2 $ 349,000 $ 174,500 $ 46,000
Nevada, California 2 $ 832,000 $ 416,000 $ 138,000
San Joaquin, California 2 $ 285,000 $ 142,500 $ 150,000
Calaveras, California 1 $ 345,000 $ 345,000 $ 122,000
Humboldt, California 1 $ 355,000 $ 355,000 $ 218,000
Kings, California 1 $ 123,000 $ 123,000 $ 17,000
Marin, California 1 $ 3,000,000 $ 3,000,000 $ 1,793,000
Mendocino, California 1 $ 578,000 $ 578,000 $ 180,000
Placer, California 1 $ 185,000 $ 185,000 $ 51,000
Plumas, California 1 $ 240,000 $ 240,000 $ 53,000
Santa Cruz, California 1 $ 300,000 $ 300,000 $ 143,000
Shasta, California 1 $ 200,000 $ 200,000 $ 78,000
Siskiyou, California 1 $ 315,000 $ 315,000 $ 63,000
Solano, California 1 $ 34,000 $ 34,000 $ 259,000
Tehama, California 1 $ 184,000 $ 184,000 $ 57,000
Tulare, California 1 $ 241,000 $ 241,000 $ 54,000
Yolo, California 1 $ 127,000 $ 127,000 $ 48,000
Yuba, California 1 $ 164,000 $ 164,000 $ 60,000
Carroll, Maryland 1 $ 140,000 $ 140,000 $ 116,000

Mortgage Loan Application Detail Totals for Sre Mortgage Alliance Inc. 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
Refinancing 897 $322,879,000 $359,000 $3,000,000 $137,000 $1,800,000
Home Purchase 649 $241,212,000 $371,000 $1,463,000 $155,000 $1,697,000
Home Improvement 0 $0 $0 $0 $0 $0

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 890 $343,994,000 $386,000 $3,000,000 $160,000 $1,800,000
Hispanic 279 $81,268,000 $291,000 $900,000 $95,000 $526,000
Not Provided 199 $71,599,000 $359,000 $1,257,000 $151,000 $1,697,000
Asian 120 $46,608,000 $388,000 $1,000,000 $161,000 $1,046,000
Black or African American 35 $12,383,000 $353,000 $885,000 $108,000 $249,000
Not applicable 9 $3,517,000 $390,000 $729,000 $17,000 $110,000
American Indian or Alaskan Native 8 $2,399,000 $299,000 $553,000 $157,000 $221,000
Native Hawaiian or Other Pacific Islander 6 $2,323,000 $387,000 $601,000 $88,000 $141,000

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) 1,538 $561,412,000 $365,000 $3,000,000 $145,000 $1,800,000
FHA-insured (Federal Housing Administration) 8 $2,679,000 $334,000 $696,000 $107,000 $294,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 819 $282,245,000 $344,000 $3,000,000 $144,000 $1,793,000
Application Withdrawn By Applicant 413 $151,887,000 $367,000 $1,320,000 $134,000 $1,022,000
Application Approved But Not Accepted 122 $55,806,000 $457,000 $1,463,000 $176,000 $793,000
File Closed For Incompleteness 108 $41,721,000 $386,000 $1,260,000 $160,000 $1,800,000
Application Denied By Financial Institution 83 $32,232,000 $388,000 $1,316,000 $143,000 $649,000
Loan Purchased By The Institution 1 $200,000 $200,000 $200,000 $47,000 $47,000
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
Debt-To-Income Ratio 1 $270,000 $270,000 $270,000 $139,000 $139,000
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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Sre Mortgage Alliance Inc.'s 2008 lending activity. By analyzing detailed data on mortgage applications, total loan amounts, applicant incomes, loan purposes, and approval rates, industry professionals, researchers, and analysts can gain a clear understanding of this lender's role in the mortgage market.

This in-depth HMDA data allows real estate experts, financial analysts, and policymakers to track lending trends, evaluate borrower demographics, and assess Sre Mortgage Alliance Inc.'s mortgage approval patterns. Utilize this powerful dataset to analyze market performance, compare lending practices, and make data-driven decisions in the ever-changing mortgage industry.
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