Sre Mortgage Alliance Inc. Mortgage Lending & HMDA Data, 2019

In 2019, Sre Mortgage Alliance Inc. of El Segundo, CA reported 566 mortgage applications totaling $193.5 million, up 14% from 2018. The average application was for $341,872, and applicants reported an average income of $110,879. 68% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Dallas-Plano-Irving, TX (85), Los Angeles-Long Beach-Glendale, CA (84) and Sacramento--Roseville--Arden-Arcade, CA (78) (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 566
Total Mortgage Loan Application Amount $193,500,000
Average Mortgage Loan Application Amount $341,872
Highest Mortgage Loan Application Amount $1,285,000
Average Applicant Income $110,879
Highest Applicant Income $1,016,000

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records Sre Mortgage Alliance Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2019

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Dallas-Plano-Irving, TX 85 $ 21,565,000 $ 253,705 $ 93,000
Los Angeles-Long Beach-Glendale, CA 84 $ 35,970,000 $ 428,214 $ 128,000
Sacramento--Roseville--Arden-Arcade, CA 78 $ 26,470,000 $ 339,358 $ 97,000
Santa Fe, NM 54 $ 18,520,000 $ 342,962 $ 90,000
San Diego-Carlsbad, CA 42 $ 19,330,000 $ 460,238 $ 115,000
Riverside-San Bernardino-Ontario, CA 31 $ 9,315,000 $ 300,483 $ 105,000
Anaheim-Santa Ana-Irvine, CA 28 $ 13,710,000 $ 489,642 $ 172,000
Outside any metro area 19 $ 5,135,000 $ 270,263 $ 115,842
Fort Worth-Arlington, TX 16 $ 3,460,000 $ 216,250 $ 109,000
Vallejo-Fairfield, CA 16 $ 5,490,000 $ 343,125 $ 113,000
Houston-The Woodlands-Sugar Land, TX 12 $ 2,820,000 $ 235,000 $ 112,000
Oakland-Hayward-Berkeley, CA 11 $ 5,405,000 $ 491,363 $ 193,000
Victoria, TX 10 $ 2,220,000 $ 222,000 $ 92,000
Chico, CA 6 $ 1,370,000 $ 228,333 $ 82,000
Yuba City, CA 6 $ 1,670,000 $ 278,333 $ 104,000
Colorado Springs, CO 5 $ 1,235,000 $ 247,000 $ 186,000
Bakersfield, CA 4 $ 990,000 $ 247,500 $ 68,000
Sherman-Denison, TX 4 $ 880,000 $ 220,000 $ 84,000
Des Moines-West Des Moines, IA 3 $ 255,000 $ 85,000 $ 32,000
Redding, CA 3 $ 695,000 $ 231,666 $ 70,000
Salem, OR 3 $ 655,000 $ 218,333 $ 81,000
Santa Cruz-Watsonville, CA 3 $ 1,315,000 $ 438,333 $ 152,000
Stockton-Lodi, CA 3 $ 835,000 $ 278,333 $ 72,000
Albuquerque, NM 2 $ 790,000 $ 395,000 $ 137,000
Austin-Round Rock, TX 2 $ 540,000 $ 270,000 $ 98,000
Beaumont-Port Arthur, TX 2 $ 780,000 $ 390,000 $ 110,000
Denver-Aurora-Lakewood, CO 2 $ 770,000 $ 385,000 $ 90,000
Fresno, CA 2 $ 730,000 $ 365,000 $ 148,000
Modesto, CA 2 $ 660,000 $ 330,000 $ 112,000
Nashville-Davidson--Murfreesboro--Franklin, TN 2 $ 1,110,000 $ 555,000 $ 134,000
Oxnard-Thousand Oaks-Ventura, CA 2 $ 890,000 $ 445,000 $ 119,000
Salinas, CA 2 $ 730,000 $ 365,000 $ 76,000
Albany, OR 1 $ 125,000 $ 125,000 $ 153,000
Brownsville-Harlingen, TX 1 $ 125,000 $ 125,000 $ 63,000
El Centro, CA 1 $ 175,000 $ 175,000 $ 117,000
Hanford-Corcoran, CA 1 $ 245,000 $ 245,000 $ 168,000
Killeen-Temple, TX 1 $ 195,000 $ 195,000 $ 83,000
Lubbock, TX 1 $ 155,000 $ 155,000 $ 49,000
Midland, TX 1 $ 275,000 $ 275,000 $ 162,000
Napa, CA 1 $ 285,000 $ 285,000 $ 97,000
Odessa, TX 1 $ 315,000 $ 315,000 $ 166,000
Phoenix-Mesa-Scottsdale, AZ 1 $ 155,000 $ 155,000 $ 35,000
Portland-Vancouver-Hillsboro, OR-WA 1 $ 265,000 $ 265,000 $ 103,000
Pueblo, CO 1 $ 215,000 $ 215,000 $ 48,000
San Jose-Sunnyvale-Santa Clara, CA 1 $ 465,000 $ 465,000 $ 96,000
San Luis Obispo-Paso Robles-Arroyo Grande, CA 1 $ 845,000 $ 845,000 $ 304,000
Santa Maria-Santa Barbara, CA 1 $ 425,000 $ 425,000 $ 109,000
Santa Rosa, CA 1 $ 445,000 $ 445,000 $ 120,000
Seattle-Bellevue-Everett, WA 1 $ 355,000 $ 355,000 $ 101,000
Spokane-Spokane Valley, WA 1 $ 245,000 $ 245,000 $ 139,000
Visalia-Porterville, CA 1 $ 385,000 $ 385,000 $ 177,000

Mortgage Loan Application Detail Totals for Sre Mortgage Alliance Inc. in 2019

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 317 $99,065,000 $312,000 $1,075,000 $103,000 $432,000
Refinancing 223 $86,065,000 $385,000 $1,285,000 $123,000 $1,016,000
Cash-out Refinancing 26 $8,370,000 $321,000 $745,000 $103,000 $232,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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 357 $129,275,000 $362,000 $1,285,000 $118,000 $1,016,000
Hispanic 105 $29,015,000 $276,000 $655,000 $89,000 $375,000
Black or African American 45 $13,665,000 $303,000 $625,000 $91,000 $225,000
Not Provided 29 $11,015,000 $379,000 $745,000 $117,000 $370,000
Asian 23 $7,985,000 $347,000 $655,000 $116,000 $250,000
Native Hawaiian or Other Pacific Islander 3 $1,295,000 $431,000 $715,000 $120,000 $169,000
American Indian or Alaskan Native 2 $630,000 $315,000 $385,000 $179,000 $190,000
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) 367 $131,585,000 $358,000 $1,285,000 $121,000 $1,016,000
FHA-insured (Federal Housing Administration) 142 $41,210,000 $290,000 $555,000 $95,000 $275,000
VA-guaranteed (Veterans Administration) 54 $20,100,000 $372,000 $685,000 $84,000 $199,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3 $605,000 $201,000 $305,000 $43,000 $53,000

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 387 $131,015,000 $338,000 $1,285,000 $114,000 $1,016,000
Application Withdrawn By Applicant 112 $38,030,000 $339,000 $1,075,000 $97,000 $304,000
Application Denied By Financial Institution 54 $19,340,000 $358,000 $865,000 $112,000 $270,000
Application Approved But Not Accepted 13 $5,115,000 $393,000 $665,000 $127,000 $362,000
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
Not applicable 512 $174,160,000 $340,000 $1,285,000 $110,000 $1,016,000
Unverifiable Information 13 $5,455,000 $419,000 $645,000 $119,000 $187,000
Debt-To-Income Ratio 12 $4,270,000 $355,000 $865,000 $103,000 $270,000
Other 10 $3,290,000 $329,000 $585,000 $107,000 $201,000
Credit History 8 $2,460,000 $307,000 $405,000 $128,000 $192,000
Collateral 6 $2,170,000 $361,000 $495,000 $113,000 $168,000
Credit Application Incomplete 2 $920,000 $460,000 $615,000 $124,000 $133,000
Insufficient Cash (Downpayment, Closing Cost) 2 $500,000 $250,000 $325,000 $82,000 $108,000
Employment History 1 $275,000 $275,000 $275,000 $88,000 $88,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Sre Mortgage Alliance Inc.'s 2019 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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