Americash Mortgage Lending & HMDA Data, 2016

In 2016, Americash of Costa Mesa, CA reported 4,518 mortgage applications totaling $1.4 billion, up 67% from 2015. The average application was for $316,112, and applicants reported an average income of $116,107. 37% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (795), Riverside-San Bernardino-Ontario, CA (515) and Anaheim-Santa Ana-Irvine, CA (329) (applications in parentheses).

Mortgage Company & Address Americash
3080 Bristol Street, Suite 300
Costa Mesa, CA 92626
Tel #: available with data download
Federal Regulator * available with data download
Years 2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 4,518
Total Mortgage Loan Application Amount $1,428,197,000
Average Mortgage Loan Application Amount $316,112
Highest Mortgage Loan Application Amount $1,534,000
Average Applicant Income $116,107
Highest Applicant Income $6,100,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Americash filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Americash by Metropolitan Area in 2016

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 795 $ 284,751,000 $ 358,177 $ 121,000
Riverside-San Bernardino-Ontario, CA 515 $ 153,154,000 $ 297,386 $ 108,000
Anaheim-Santa Ana-Irvine, CA 329 $ 130,123,000 $ 395,510 $ 136,000
Phoenix-Mesa-Scottsdale, AZ 231 $ 62,555,000 $ 270,800 $ 105,000
Oakland-Hayward-Berkeley, CA 216 $ 82,404,000 $ 381,500 $ 115,000
San Diego-Carlsbad, CA 180 $ 60,442,000 $ 335,788 $ 121,000
Houston-The Woodlands-Sugar Land, TX 173 $ 48,352,000 $ 279,491 $ 146,000
Sacramento--Roseville--Arden-Arcade, CA 166 $ 50,633,000 $ 305,018 $ 122,000
Dallas-Plano-Irving, TX 142 $ 40,525,000 $ 285,387 $ 129,000
Seattle-Bellevue-Everett, WA 108 $ 31,707,000 $ 293,583 $ 98,000
Oxnard-Thousand Oaks-Ventura, CA 84 $ 28,583,000 $ 340,273 $ 105,000
San Jose-Sunnyvale-Santa Clara, CA 83 $ 34,522,000 $ 415,927 $ 126,000
Stockton-Lodi, CA 69 $ 20,301,000 $ 294,217 $ 106,000
Austin-Round Rock, TX 57 $ 15,379,000 $ 269,807 $ 124,000
Tyler, TX 51 $ 8,242,000 $ 161,607 $ 61,000
Vallejo-Fairfield, CA 51 $ 14,800,000 $ 290,196 $ 95,000
San Francisco-Redwood City-South San Francisco, CA 46 $ 19,472,000 $ 423,304 $ 122,000
Fort Worth-Arlington, TX 43 $ 12,122,000 $ 281,906 $ 133,000
Denver-Aurora-Lakewood, CO 42 $ 11,298,000 $ 269,000 $ 92,000
Bakersfield, CA 38 $ 9,393,000 $ 247,184 $ 104,000
Portland-Vancouver-Hillsboro, OR-WA 38 $ 10,452,000 $ 275,052 $ 94,526
Fresno, CA 35 $ 8,889,000 $ 253,971 $ 101,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 35 $ 13,367,000 $ 381,914 $ 139,800
San Antonio-New Braunfels, TX 31 $ 9,064,000 $ 292,387 $ 121,000
Santa Rosa, CA 31 $ 10,210,000 $ 329,354 $ 90,000
Modesto, CA 30 $ 7,642,000 $ 254,733 $ 74,000
Boston, MA 29 $ 8,951,000 $ 308,655 $ 109,000
Cambridge-Newton-Framingham, MA 29 $ 9,099,000 $ 313,758 $ 85,000
Tucson, AZ 28 $ 7,667,000 $ 273,821 $ 111,000
New York-Jersey City-White Plains, NY-NJ 25 $ 7,756,000 $ 310,240 $ 113,000
Salinas, CA 25 $ 10,583,000 $ 423,320 $ 132,000
Santa Maria-Santa Barbara, CA 25 $ 8,591,000 $ 343,640 $ 108,000
Tacoma-Lakewood, WA 24 $ 6,648,000 $ 277,000 $ 95,000
San Luis Obispo-Paso Robles-Arroyo Grande, CA 23 $ 7,733,000 $ 336,217 $ 94,000
Chicago-Naperville-Arlington Heights, IL 19 $ 4,703,000 $ 247,526 $ 103,000
Lake Havasu City-Kingman, AZ 19 $ 4,794,000 $ 252,315 $ 112,000
Santa Cruz-Watsonville, CA 17 $ 6,740,000 $ 396,470 $ 131,000
Miami-Miami Beach-Kendall, FL 15 $ 5,064,000 $ 337,600 $ 146,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 14 $ 4,168,000 $ 297,714 $ 110,000
Montgomery County-Bucks County-Chester County, PA 14 $ 3,602,000 $ 257,285 $ 95,000
Napa, CA 13 $ 5,339,000 $ 410,692 $ 119,000
San Rafael, CA 13 $ 5,013,000 $ 385,615 $ 150,000
Tampa-St. Petersburg-Clearwater, FL 13 $ 3,197,000 $ 245,923 $ 131,000
Visalia-Porterville, CA 13 $ 3,124,000 $ 240,307 $ 118,000
Philadelphia, PA 12 $ 2,093,000 $ 174,416 $ 95,000
Redding, CA 12 $ 3,923,000 $ 326,916 $ 101,000
Bremerton-Silverdale, WA 11 $ 3,081,000 $ 280,090 $ 126,000
Chico, CA 11 $ 2,588,000 $ 235,272 $ 100,000
Bellingham, WA 10 $ 2,420,000 $ 242,000 $ 77,000
Olympia-Tumwater, WA 10 $ 2,921,000 $ 292,100 $ 130,000
Prescott, AZ 10 $ 2,752,000 $ 275,200 $ 231,000
West Palm Beach-Boca Raton-Delray Beach, FL 10 $ 2,651,000 $ 265,100 $ 166,000
Mount Vernon-Anacortes, WA 9 $ 2,367,000 $ 263,000 $ 101,000
Richmond, VA 9 $ 2,726,000 $ 302,888 $ 90,000
Virginia Beach-Norfolk-Newport News, VA-NC 9 $ 2,770,000 $ 307,777 $ 122,000
Worcester, MA-CT 9 $ 2,207,000 $ 245,222 $ 92,000
College Station-Bryan, TX 8 $ 2,490,000 $ 311,250 $ 177,000
Jacksonville, FL 8 $ 1,907,000 $ 238,375 $ 110,000
Merced, CA 8 $ 1,984,000 $ 248,000 $ 75,000
Yuba City, CA 8 $ 1,717,000 $ 214,625 $ 98,000
Kennewick-Richland, WA 7 $ 1,650,000 $ 235,714 $ 173,000
Newark, NJ-PA 7 $ 2,013,000 $ 287,571 $ 114,000
Orlando-Kissimmee-Sanford, FL 7 $ 1,787,000 $ 255,285 $ 118,000
El Centro, CA 6 $ 1,365,000 $ 227,500 $ 133,000
El Paso, TX 6 $ 1,538,000 $ 256,333 $ 222,000
Flagstaff, AZ 6 $ 1,607,000 $ 267,833 $ 94,000
Madera, CA 6 $ 1,329,000 $ 221,500 $ 106,000
Pittsburgh, PA 6 $ 1,799,000 $ 299,833 $ 97,000
Baltimore-Columbia-Towson, MD 5 $ 1,716,000 $ 343,200 $ 89,000
Boulder, CO 5 $ 1,638,000 $ 327,600 $ 111,000
Greeley, CO 5 $ 1,396,000 $ 279,200 $ 96,000
North Port-Sarasota-Bradenton, FL 5 $ 1,107,000 $ 221,400 $ 93,000
Port St. Lucie, FL 5 $ 796,000 $ 159,200 $ 65,000
Bridgeport-Stamford-Norwalk, CT 4 $ 962,000 $ 240,500 $ 138,000
Cape Coral-Fort Myers, FL 4 $ 733,000 $ 183,250 $ 98,000
Corpus Christi, TX 4 $ 1,082,000 $ 270,500 $ 101,000
Corvallis, OR 4 $ 969,000 $ 242,250 $ 83,000
Fort Collins, CO 4 $ 805,000 $ 201,250 $ 49,000
Midland, TX 4 $ 1,518,000 $ 379,500 $ 205,000
New Haven-Milford, CT 4 $ 3,338,000 $ 834,500 $ 270,000
Norwich-New London, CT 4 $ 723,000 $ 180,750 $ 85,000
Providence-Warwick, RI-MA 4 $ 1,393,000 $ 348,250 $ 170,000
Salt Lake City, UT 4 $ 811,000 $ 202,750 $ 64,000
York-Hanover, PA 4 $ 843,000 $ 210,750 $ 85,000
Allentown-Bethlehem-Easton, PA-NJ 3 $ 747,000 $ 249,000 $ 690,000
Coeur D'Alene, ID 3 $ 395,000 $ 131,666 $ 174,000
Colorado Springs, CO 3 $ 517,000 $ 172,333 $ 62,000
Deltona-Daytona Beach-Ormond Beach, FL 3 $ 721,000 $ 240,333 $ 116,000
Hanford-Corcoran, CA 3 $ 716,000 $ 238,666 $ 40,000
Harrisburg-Carlisle, PA 3 $ 634,000 $ 211,333 $ 48,000
Hartford-West Hartford-East Hartford, CT 3 $ 643,000 $ 214,333 $ 50,000
Killeen-Temple, TX 3 $ 692,000 $ 230,666 $ 126,000
Longview, TX 3 $ 564,000 $ 188,000 $ 95,000
McAllen-Edinburg-Mission, TX 3 $ 754,000 $ 251,333 $ 234,000
Naples-Immokalee-Marco Island, FL 3 $ 714,000 $ 238,000 $ 78,000
Salem, OR 3 $ 610,000 $ 203,333 $ 117,000
Trenton, NJ 3 $ 738,000 $ 246,000 $ 94,000
Wenatchee, WA 3 $ 909,000 $ 303,000 $ 133,000
Yuma, AZ 3 $ 645,000 $ 215,000 $ 86,000
Amarillo, TX 2 $ 400,000 $ 200,000 $ 70,000
Atlanta-Sandy Springs-Roswell, GA 2 $ 273,000 $ 136,500 $ 158,000
Barnstable Town, MA 2 $ 648,000 $ 324,000 $ 67,000
Bend-Redmond, OR 2 $ 444,000 $ 222,000 $ 37,000
Brownsville-Harlingen, TX 2 $ 351,000 $ 175,500 $ 141,000
Camden, NJ 2 $ 478,000 $ 239,000 $ 88,000
East Stroudsburg, PA 2 $ 360,000 $ 180,000 $ 79,000
Elgin, IL 2 $ 454,000 $ 227,000 $ 103,000
Eugene, OR 2 $ 395,000 $ 197,500 $ 91,000
Gainesville, FL 2 $ 385,000 $ 192,500 $ 66,000
Laredo, TX 2 $ 545,000 $ 272,500 $ 168,000
Minneapolis-St. Paul-Bloomington, MN-WI 2 $ 439,000 $ 219,500 $ 87,000
Palm Bay-Melbourne-Titusville, FL 2 $ 358,000 $ 179,000 $ 56,000
Pittsfield, MA 2 $ 530,000 $ 265,000 $ 86,000
Reading, PA 2 $ 509,000 $ 254,500 $ 79,000
Salisbury, MD-DE 2 $ 750,000 $ 375,000 $ 145,000
Sierra Vista-Douglas, AZ 2 $ 522,000 $ 261,000 $ 75,000
Silver Spring-Frederick-Rockville, MD 2 $ 907,000 $ 453,500 $ 128,000
Spokane-Spokane Valley, WA 2 $ 522,000 $ 261,000 $ 92,000
Tulsa, OK 2 $ 328,000 $ 164,000 $ 195,000
Waco, TX 2 $ 385,000 $ 192,500 $ 122,000
Wilmington, DE-MD-NJ 2 $ 405,000 $ 202,500 $ 55,000
Yakima, WA 2 $ 565,000 $ 282,500 $ 112,000
Albuquerque, NM 1 $ 163,000 $ 163,000 $ 35,000
Beaumont-Port Arthur, TX 1 $ 81,000 $ 81,000 $ 38,000
Chambersburg-Waynesboro, PA 1 $ 250,000 $ 250,000 $ 108,000
Charlotte-Concord-Gastonia, NC-SC 1 $ 314,000 $ 314,000 $ 130,000
Charlottesville, VA 1 $ 192,000 $ 192,000 $ 64,000
Erie, PA 1 $ 126,000 $ 126,000 $ 66,000
Gettysburg, PA 1 $ 330,000 $ 330,000 $ 172,000
Grand Junction, CO 1 $ 225,000 $ 225,000 $ 52,000
Lake County-Kenosha County, IL-WI 1 $ 359,000 $ 359,000 $ 65,000
Lakeland-Winter Haven, FL 1 $ 91,000 $ 91,000 $ 93,000
Lancaster, PA 1 $ 282,000 $ 282,000 $ 124,000
Lawton, OK 1 $ 91,000 $ 91,000 $ 27,000
Longview, WA 1 $ 234,000 $ 234,000 $ 46,000
Lubbock, TX 1 $ 215,000 $ 215,000 $ 159,000
Macon, GA 1 $ 599,000 $ 599,000 $ 230,000
Milwaukee-Waukesha-West Allis, WI 1 $ 89,000 $ 89,000 $ 136,000
Monroe, MI 1 $ 191,000 $ 191,000 $ 64,000
Ocala, FL 1 $ 417,000 $ 417,000 $ 154,000
Odessa, TX 1 $ 262,000 $ 262,000 $ 78,000
Pensacola-Ferry Pass-Brent, FL 1 $ 361,000 $ 361,000 $ 105,000
Provo-Orem, UT 1 $ 146,000 $ 146,000 $ 58,000
Punta Gorda, FL 1 $ 188,000 $ 188,000 $ 120,000
Roanoke, VA 1 $ 283,000 $ 283,000 $ 119,000
San Angelo, TX 1 $ 240,000 $ 240,000 $ 75,000
Scranton--Wilkes-Barre--Hazleton, PA 1 $ 305,000 $ 305,000 $ 84,000
Sebastian-Vero Beach, FL 1 $ 417,000 $ 417,000 $ 96,000
Sherman-Denison, TX 1 $ 320,000 $ 320,000 $ 131,000
Springfield, MA 1 $ 296,000 $ 296,000 $ 90,000
Tallahassee, FL 1 $ 102,000 $ 102,000 $ 27,000
Texarkana, TX-AR 1 $ 205,000 $ 205,000 $ 193,000
Williamsport, PA 1 $ 234,000 $ 234,000 $ 100,000
Winchester, VA-WV 1 $ 230,000 $ 230,000 $ 82,000

Mortgage Loan Application Detail Totals for Americash 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
Refinancing 4,133 $1,311,420,000 $317,000 $1,534,000 $115,000 $6,100,000
Home Purchase 385 $116,777,000 $303,000 $855,000 $128,000 $1,151,000
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 2,847 $899,383,000 $315,000 $1,534,000 $122,000 $6,100,000
Hispanic 786 $241,227,000 $306,000 $780,000 $97,000 $2,160,000
Asian 356 $123,512,000 $346,000 $893,000 $135,000 $834,000
Not Provided 310 $99,442,000 $320,000 $741,000 $109,000 $526,000
Black or African American 170 $49,283,000 $289,000 $670,000 $98,000 $274,000
Native Hawaiin or Other Pacific Islander 33 $10,697,000 $324,000 $498,000 $83,000 $195,000
American Indian or Alaskan Native 16 $4,653,000 $290,000 $612,000 $73,000 $120,000
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) 3,543 $1,134,117,000 $320,000 $1,534,000 $124,000 $2,160,000
FHA-insured (Federal Housing Administration) 823 $245,673,000 $298,000 $636,000 $90,000 $6,100,000
VA-guaranteed (Veterans Administration) 149 $48,022,000 $322,000 $720,000 $89,000 $307,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3 $385,000 $128,000 $181,000 $56,000 $69,000

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 1,651 $531,994,000 $322,000 $1,442,000 $117,000 $1,151,000
Application Withdrawn By Applicant 1,341 $412,628,000 $307,000 $1,326,000 $113,000 $2,160,000
File Closed For Incompleteness 1,127 $358,518,000 $318,000 $1,534,000 $122,000 $1,806,000
Application Denied By Financial Institution 394 $123,325,000 $313,000 $1,369,000 $108,000 $6,100,000
Application Approved But Not Accepted 5 $1,732,000 $346,000 $417,000 $114,000 $163,000
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 68 $22,347,000 $328,000 $1,369,000 $86,000 $403,000
Other 57 $17,552,000 $307,000 $910,000 $102,000 $324,000
Collateral 27 $8,268,000 $306,000 $626,000 $124,000 $417,000
Credit History 13 $3,696,000 $284,000 $417,000 $101,000 $225,000
Insufficient Cash (Downpayment, Closing Cost) 8 $2,743,000 $342,000 $543,000 $103,000 $195,000
Unverifiable Information 5 $1,607,000 $321,000 $384,000 $182,000 $212,000
Employment History 3 $750,000 $250,000 $377,000 $80,000 $116,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Americash'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 Americash'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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