Sre Mortgage Alliance Inc. Mortgage Lending & HMDA Data, 2017

In 2017, Sre Mortgage Alliance Inc. of El Segundo, CA reported 786 mortgage applications totaling $303.0 million, down 32% from 2016. The average application was for $385,469, and applicants reported an average income of $132,335. 65% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (245), Sacramento--Roseville--Arden-Arcade, CA (122) and Riverside-San Bernardino-Ontario, CA (92) (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 786
Total Mortgage Loan Application Amount $302,979,000
Average Mortgage Loan Application Amount $385,469
Highest Mortgage Loan Application Amount $3,000,000
Average Applicant Income $132,335
Highest Applicant Income $1,383,000

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records Sre Mortgage Alliance Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Metropolitan Area in 2017

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Los Angeles-Long Beach-Glendale, CA 245 $ 121,453,000 $ 495,726 $ 158,000
Sacramento--Roseville--Arden-Arcade, CA 122 $ 37,000,000 $ 303,278 $ 104,000
Riverside-San Bernardino-Ontario, CA 92 $ 26,468,000 $ 287,695 $ 129,000
Anaheim-Santa Ana-Irvine, CA 66 $ 30,735,000 $ 465,681 $ 128,000
Santa Fe, NM 64 $ 19,439,000 $ 303,734 $ 124,000
San Diego-Carlsbad, CA 42 $ 17,225,000 $ 410,119 $ 132,000
Oakland-Hayward-Berkeley, CA 29 $ 12,942,000 $ 446,275 $ 146,000
Chico, CA 26 $ 5,716,000 $ 219,846 $ 73,000
Stockton-Lodi, CA 8 $ 2,587,000 $ 323,375 $ 122,000
Santa Cruz-Watsonville, CA 6 $ 2,604,000 $ 434,000 $ 122,000
Vallejo-Fairfield, CA 6 $ 2,508,000 $ 418,000 $ 145,000
Yuba City, CA 6 $ 1,476,000 $ 246,000 $ 66,000
Oxnard-Thousand Oaks-Ventura, CA 5 $ 2,827,000 $ 565,400 $ 149,000
Salinas, CA 5 $ 1,899,000 $ 379,800 $ 88,000
Portland-Vancouver-Hillsboro, OR-WA 4 $ 916,000 $ 229,000 $ 97,000
Fresno, CA 3 $ 402,000 $ 134,000 $ 67,000
Salem, OR 3 $ 580,000 $ 193,333 $ 55,000
San Luis Obispo-Paso Robles-Arroyo Grande, CA 3 $ 1,235,000 $ 411,666 $ 153,000
Visalia-Porterville, CA 3 $ 1,136,000 $ 378,666 $ 91,000
Bremerton-Silverdale, WA 2 $ 454,000 $ 227,000 $ 46,000
Coeur D'Alene, ID 2 $ 530,000 $ 265,000 $ 98,000
Fort Worth-Arlington, TX 2 $ 434,000 $ 217,000 $ 91,000
Napa, CA 2 $ 603,000 $ 301,500 $ 187,000
San Francisco-Redwood City-South San Francisco, CA 2 $ 892,000 $ 446,000 $ 555,000
San Jose-Sunnyvale-Santa Clara, CA 2 $ 762,000 $ 381,000 $ 94,000
Santa Rosa, CA 2 $ 761,000 $ 380,500 $ 217,000
Albuquerque, NM 1 $ 115,000 $ 115,000 $ 125,000
Austin-Round Rock, TX 1 $ 198,000 $ 198,000 $ 75,000
Bakersfield, CA 1 $ 165,000 $ 165,000 $ 70,000
Chattanooga, TN-GA 1 $ 125,000 $ 125,000 $ 339,000
Dallas-Plano-Irving, TX 1 $ 380,000 $ 380,000 $ 245,000
El Centro, CA 1 $ 76,000 $ 76,000 $ 118,000
Knoxville, TN 1 $ 212,000 $ 212,000 $ 80,000
Medford, OR 1 $ 263,000 $ 263,000 $ 83,000
Modesto, CA 1 $ 304,000 $ 304,000 $ 69,000
Nashville-Davidson--Murfreesboro--Franklin, TN 1 $ 138,000 $ 138,000 $ 339,000
Phoenix-Mesa-Scottsdale, AZ 1 $ 167,000 $ 167,000 $ 41,000
Redding, CA 1 $ 143,000 $ 143,000 $ 66,000
San Rafael, CA 1 $ 417,000 $ 417,000 $ 10,000
Santa Maria-Santa Barbara, CA 1 $ 626,000 $ 626,000 $ 241,000
Spokane-Spokane Valley, WA 1 $ 129,000 $ 129,000 $ 49,000
Tucson, AZ 1 $ 157,000 $ 157,000 $ 86,000

Mortgage Loan Application Detail Totals for Sre Mortgage Alliance Inc. in 2017

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 382 $151,668,000 $397,000 $3,000,000 $140,000 $1,383,000
Refinancing 222 $88,605,000 $399,000 $1,669,000 $135,000 $1,149,000
Home Improvement 182 $62,706,000 $344,000 $1,062,000 $113,000 $859,000

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 507 $197,490,000 $389,000 $1,669,000 $135,000 $1,149,000
Hispanic 118 $39,670,000 $336,000 $722,000 $100,000 $660,000
Not Provided 58 $28,053,000 $483,000 $3,000,000 $199,000 $1,383,000
Black or African American 47 $16,395,000 $348,000 $666,000 $102,000 $245,000
Asian 41 $16,237,000 $396,000 $1,020,000 $127,000 $297,000
Native Hawaiian or Other Pacific Islander 8 $2,193,000 $274,000 $600,000 $97,000 $163,000
American Indian or Alaskan Native 7 $2,941,000 $420,000 $575,000 $196,000 $495,000
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) 604 $237,278,000 $392,000 $3,000,000 $144,000 $1,383,000
FHA-insured (Federal Housing Administration) 136 $47,146,000 $346,000 $725,000 $87,000 $276,000
VA-guaranteed (Veterans Administration) 42 $17,871,000 $425,000 $1,291,000 $121,000 $226,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 4 $684,000 $171,000 $259,000 $57,000 $87,000

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 508 $193,416,000 $380,000 $1,291,000 $129,000 $1,149,000
Application Withdrawn By Applicant 147 $60,271,000 $410,000 $3,000,000 $146,000 $1,383,000
Application Approved But Not Accepted 66 $26,735,000 $405,000 $1,669,000 $147,000 $859,000
Application Denied By Financial Institution 65 $22,557,000 $347,000 $1,062,000 $114,000 $481,000
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 22 $8,360,000 $380,000 $775,000 $123,000 $481,000
Credit History 15 $5,379,000 $358,000 $629,000 $110,000 $200,000
Collateral 9 $2,533,000 $281,000 $445,000 $148,000 $326,000
Other 3 $887,000 $295,000 $630,000 $115,000 $140,000
Employment History 2 $670,000 $335,000 $420,000 $97,000 $155,000
Insufficient Cash (Downpayment, Closing Cost) 1 $221,000 $221,000 $221,000 $59,000 $59,000
Credit Application Incomplete 1 $270,000 $270,000 $270,000 $83,000 $83,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Sre Mortgage Alliance Inc.'s 2017 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.
For a list of all lenders in California, download the full spreadsheet with aggregated HMDA statistics today.

Download the California Lender List