Sre Mortgage Alliance Inc. Mortgage Lending & HMDA Data, 2016

In 2016, Sre Mortgage Alliance Inc. of El Segundo, CA reported 1,162 mortgage applications totaling $467.4 million, down 21% from 2015. The average application was for $402,277, and applicants reported an average income of $137,175. 71% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (349), Sacramento--Roseville--Arden-Arcade, CA (169) and Riverside-San Bernardino-Ontario, CA (167) (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 1,162
Total Mortgage Loan Application Amount $467,447,000
Average Mortgage Loan Application Amount $402,277
Highest Mortgage Loan Application Amount $2,925,000
Average Applicant Income $137,175
Highest Applicant Income $1,273,000

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records Sre Mortgage Alliance Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2016

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 349 $ 179,365,000 $ 513,939 $ 166,000
Riverside, California 129 $ 36,935,000 $ 286,317 $ 105,000
Orange, California 115 $ 51,602,000 $ 448,713 $ 142,000
Placer, California 80 $ 27,419,000 $ 342,737 $ 127,000
Sacramento, California 68 $ 19,592,000 $ 288,117 $ 106,000
Santa Fe, New Mexico 59 $ 19,363,000 $ 328,186 $ 134,000
San Bernardino, California 38 $ 10,476,000 $ 275,684 $ 99,000
San Diego, California 38 $ 15,505,000 $ 408,026 $ 140,000
Sonoma, California 33 $ 13,606,000 $ 412,303 $ 126,000
Alameda, California 30 $ 16,171,000 $ 539,033 $ 189,000
Butte, California 29 $ 5,259,000 $ 181,344 $ 62,000
Contra Costa, California 29 $ 13,424,000 $ 462,896 $ 147,000
El Dorado, California 20 $ 6,413,000 $ 320,650 $ 98,000
Santa Cruz, California 16 $ 8,939,000 $ 558,687 $ 237,000
Ventura, California 15 $ 6,016,000 $ 401,066 $ 107,000
San Joaquin, California 12 $ 3,483,000 $ 290,250 $ 85,000
Nevada, California 6 $ 2,236,000 $ 372,666 $ 105,000
Solano, California 5 $ 1,329,000 $ 265,800 $ 126,000
San Francisco, California 4 $ 1,985,000 $ 496,250 $ 141,000
San Mateo, California 4 $ 3,774,000 $ 943,500 $ 466,000
Santa Clara, California 4 $ 2,091,000 $ 522,750 $ 274,000
Kootenai, Idaho 4 $ 666,000 $ 166,500 $ 32,000
Kern, California 3 $ 577,000 $ 192,333 $ 88,000
Lake, California 3 $ 625,000 $ 208,333 $ 102,000
Marin, California 3 $ 2,363,000 $ 787,666 $ 204,000
Sutter, California 3 $ 629,000 $ 209,666 $ 50,000
Canyon, Idaho 3 $ 639,000 $ 213,000 $ 129,000
Rio Arriba, New Mexico 3 $ 549,000 $ 183,000 $ 65,000
Marion, Oregon 3 $ 483,000 $ 161,000 $ 42,000
Washington, Oregon 3 $ 908,000 $ 302,666 $ 87,000
Pierce, Washington 3 $ 681,000 $ 227,000 $ 92,000
Monterey, California 2 $ 865,000 $ 432,500 $ 100,000
Napa, California 2 $ 997,000 $ 498,500 $ 155,000
San Luis Obispo, California 2 $ 851,000 $ 425,500 $ 140,000
Santa Barbara, California 2 $ 657,000 $ 328,500 $ 66,000
Stanislaus, California 2 $ 570,000 $ 285,000 $ 97,000
Yuba, California 2 $ 391,000 $ 195,500 $ 46,000
Bernalillo, New Mexico 2 $ 398,000 $ 199,000 $ 112,000
Sandoval, New Mexico 2 $ 417,000 $ 208,500 $ 79,000
Taos, New Mexico 2 $ 616,000 $ 308,000 $ 230,000
Clackamas, Oregon 2 $ 709,000 $ 354,500 $ 60,000
Douglas, Oregon 2 $ 583,000 $ 291,500 $ 259,000
Tarrant, Texas 2 $ 346,000 $ 173,000 $ 79,000
Travis, Texas 2 $ 564,000 $ 282,000 $ 135,000
King, Washington 2 $ 589,000 $ 294,500 $ 57,000
Kitsap, Washington 2 $ 560,000 $ 280,000 $ 88,000
Calaveras, California 1 $ 319,000 $ 319,000 $ 192,000
Fresno, California 1 $ 1,440,000 $ 1,440,000 $ 600,000
Merced, California 1 $ 123,000 $ 123,000 $ 61,000
Plumas, California 1 $ 300,000 $ 300,000 $ 215,000
San Benito, California 1 $ 390,000 $ 390,000 $ 84,000
Trinity, California 1 $ 160,000 $ 160,000 $ 113,000
Tuolumne, California 1 $ 236,000 $ 236,000 $ 67,000
Yolo, California 1 $ 177,000 $ 177,000 $ 121,000
Los Alamos, New Mexico 1 $ 250,000 $ 250,000 $ 102,000
San Miguel, New Mexico 1 $ 201,000 $ 201,000 $ 64,000
Jackson, Oregon 1 $ 263,000 $ 263,000 $ 83,000
Lane, Oregon 1 $ 224,000 $ 224,000 $ 65,000
Linn, Oregon 1 $ 160,000 $ 160,000 $ 45,000
Knox, Tennessee 1 $ 284,000 $ 284,000 $ 168,000
Brown, Texas 1 $ 103,000 $ 103,000 $ 73,000
Grant, Washington 1 $ 128,000 $ 128,000 $ 37,000
Mason, Washington 1 $ 156,000 $ 156,000 $ 58,000
Snohomish, Washington 1 $ 317,000 $ 317,000 $ 77,000

Mortgage Loan Application Detail Totals for Sre Mortgage Alliance Inc. in 2016

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 490 $193,984,000 $395,000 $2,249,000 $143,000 $732,000
Refinancing 400 $167,037,000 $417,000 $2,310,000 $139,000 $1,020,000
Home Improvement 272 $106,426,000 $391,000 $2,925,000 $124,000 $1,273,000

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 794 $326,680,000 $411,000 $2,310,000 $140,000 $1,020,000
Hispanic 156 $51,691,000 $331,000 $947,000 $107,000 $503,000
Not Provided 74 $39,262,000 $530,000 $2,925,000 $218,000 $1,273,000
Asian 72 $28,116,000 $390,000 $1,296,000 $124,000 $460,000
Black or African American 46 $16,037,000 $348,000 $636,000 $103,000 $252,000
Native Hawaiin or Other Pacific Islander 14 $3,706,000 $264,000 $417,000 $79,000 $169,000
American Indian or Alaskan Native 6 $1,955,000 $325,000 $350,000 $127,000 $274,000
Not applicable 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) 878 $366,943,000 $417,000 $2,925,000 $153,000 $1,273,000
FHA-insured (Federal Housing Administration) 211 $70,085,000 $332,000 $636,000 $85,000 $277,000
VA-guaranteed (Veterans Administration) 64 $28,685,000 $448,000 $1,296,000 $111,000 $443,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 9 $1,734,000 $192,000 $291,000 $51,000 $78,000

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 825 $318,877,000 $386,000 $1,440,000 $135,000 $1,020,000
Application Withdrawn By Applicant 215 $91,909,000 $427,000 $2,310,000 $130,000 $732,000
Application Approved But Not Accepted 70 $32,997,000 $471,000 $1,527,000 $194,000 $1,273,000
Application Denied By Financial Institution 52 $23,664,000 $455,000 $2,925,000 $125,000 $707,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
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 18 $10,466,000 $581,000 $2,925,000 $111,000 $435,000
Other 7 $2,828,000 $404,000 $756,000 $198,000 $707,000
Credit History 6 $2,431,000 $405,000 $850,000 $85,000 $167,000
Collateral 5 $1,665,000 $333,000 $554,000 $178,000 $394,000
Employment History 3 $786,000 $262,000 $325,000 $74,000 $102,000
Insufficient Cash (Downpayment, Closing Cost) 3 $2,051,000 $683,000 $1,445,000 $189,000 $356,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Sre Mortgage Alliance Inc.'s 2016 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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