Apreva Mortgage Lending & HMDA Data, 2003

In 2003, Apreva of Bellevue, WA reported 3,057 mortgage applications totaling $495.4 million. The average application was for $162,057, and applicants reported an average income of $54,933. 71% of its applications resulted in an originated loan and 10% were denied. Its largest markets were Seattle-Bellevue-Everett, WA (1,149), Tacoma, WA (569) and Olympia, WA (311) (applications in parentheses).

Mortgage Company & Address Apreva
3535 Facotria Blvd Ste 600
Bellevue, WA 98006
Tel #: available with data download
Federal Regulator * available with data download
Years 2005  2004  2003  
Total Number of Mortgage Applications 3,057
Total Mortgage Loan Application Amount $495,409,000
Average Mortgage Loan Application Amount $162,057
Highest Mortgage Loan Application Amount $1,000,000
Average Applicant Income $54,933
Highest Applicant Income $949,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Apreva filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Apreva by County in 2003

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
King, Washington 719 $ 129,509,000 $ 180,123 $ 62,000
Pierce, Washington 569 $ 84,675,000 $ 148,813 $ 56,000
Snohomish, Washington 415 $ 73,429,000 $ 176,937 $ 54,000
Thurston, Washington 311 $ 47,062,000 $ 151,324 $ 53,000
Multnomah, Oregon 106 $ 15,195,000 $ 143,349 $ 37,000
Clackamas, Oregon 87 $ 12,900,000 $ 148,275 $ 47,000
Whatcom, Washington 80 $ 12,594,000 $ 157,425 $ 50,000
Clark, Washington 64 $ 9,424,000 $ 147,250 $ 46,000
San Bernardino, California 60 $ 8,930,000 $ 148,833 $ 39,000
Lewis, Washington 50 $ 6,330,000 $ 126,600 $ 45,000
Riverside, California 46 $ 9,295,000 $ 202,065 $ 53,000
Kitsap, Washington 46 $ 6,677,000 $ 145,152 $ 59,000
Washington, Oregon 39 $ 6,194,000 $ 158,820 $ 54,000
Orange, California 36 $ 11,763,000 $ 326,750 $ 102,000
Los Angeles, California 34 $ 7,205,000 $ 211,911 $ 56,000
Lane, Oregon 33 $ 4,249,000 $ 128,757 $ 60,000
Mason, Washington 26 $ 3,073,000 $ 118,192 $ 115,000
Skagit, Washington 22 $ 2,727,000 $ 123,954 $ 62,000
Spokane, Washington 21 $ 2,310,000 $ 110,000 $ 34,000
San Diego, California 15 $ 3,953,000 $ 263,533 $ 113,000
Marion, Oregon 15 $ 1,863,000 $ 124,200 $ 18,000
Island, Washington 15 $ 2,257,000 $ 150,466 $ 55,000
Kern, California 14 $ 1,638,000 $ 117,000 $ 25,000
Sacramento, California 11 $ 1,898,000 $ 172,545 $ 34,000
Grays Harbor, Washington 11 $ 1,382,000 $ 125,636 $ 52,000
Cowlitz, Washington 10 $ 1,103,000 $ 110,300 $ 48,000
Clallam, Washington 9 $ 730,000 $ 81,111 $ 39,000
Kittitas, Washington 9 $ 1,254,000 $ 139,333 $ 63,000
Jackson, Oregon 8 $ 860,000 $ 107,500 $ 58,000
Yakima, Washington 8 $ 1,014,000 $ 126,750 $ 49,000
Fresno, California 7 $ 769,000 $ 109,857 $ 29,000
Columbia, Oregon 7 $ 891,000 $ 127,285 $ 29,000
Whitman, Washington 7 $ 883,000 $ 126,142 $ 95,000
Kings, California 6 $ 629,000 $ 104,833 $ 8,000
Tulare, California 6 $ 585,000 $ 97,500 $ 50,000
Benton, Washington 6 $ 614,000 $ 102,333 $ 54,000
Deschutes, Oregon 5 $ 895,000 $ 179,000 $ 122,000
Contra Costa, California 4 $ 1,215,000 $ 303,750 $ 81,000
San Joaquin, California 4 $ 688,000 $ 172,000 $ 33,000
Linn, Oregon 4 $ 464,000 $ 116,000 $ 24,000
Wasco, Oregon 4 $ 483,000 $ 120,750 $ 53,000
Yamhill, Oregon 4 $ 524,000 $ 131,000 $ 38,000
Chelan, Washington 4 $ 527,000 $ 131,750 $ 97,000
Grant, Washington 4 $ 412,000 $ 103,000 $ 47,000
Merced, California 3 $ 307,000 $ 102,333 $ 0
Monterey, California 3 $ 501,000 $ 167,000 $ 54,000
Solano, California 3 $ 529,000 $ 176,333 $ 28,000
Sonoma, California 3 $ 623,000 $ 207,666 $ 48,000
Adams, Colorado 3 $ 557,000 $ 185,666 $ 29,000
Ada, Idaho 3 $ 401,000 $ 133,666 $ 43,000
Douglas, Oregon 3 $ 360,000 $ 120,000 $ 43,000
Douglas, Washington 3 $ 417,000 $ 139,000 $ 51,000
Okanogan, Washington 3 $ 372,000 $ 124,000 $ 57,000
Pacific, Washington 3 $ 324,000 $ 108,000 $ 42,000
San Juan, Washington 3 $ 410,000 $ 136,666 $ 119,000
Walla Walla, Washington 3 $ 479,000 $ 159,666 $ 40,000
Anchorage, Alaska 2 $ 238,000 $ 119,000 $ 0
Del Norte, California 2 $ 194,000 $ 97,000 $ 33,000
Humboldt, California 2 $ 179,000 $ 89,500 $ 32,000
Madera, California 2 $ 486,000 $ 243,000 $ 0
Placer, California 2 $ 401,000 $ 200,500 $ 150,000
San Luis Obispo, California 2 $ 538,000 $ 269,000 $ 75,000
Shasta, California 2 $ 248,000 $ 124,000 $ 0
Stanislaus, California 2 $ 376,000 $ 188,000 $ 61,000
Yuba, California 2 $ 162,000 $ 81,000 $ 0
Denver, Colorado 2 $ 321,000 $ 160,500 $ 18,000
Kootenai, Idaho 2 $ 160,000 $ 80,000 $ 78,000
Missoula, Montana 2 $ 242,000 $ 121,000 $ 50,000
Franklin, Washington 2 $ 218,000 $ 109,000 $ 22,000
Klickitat, Washington 2 $ 221,000 $ 110,500 $ 44,000
Amador, California 1 $ 160,000 $ 160,000 $ 0
El Dorado, California 1 $ 128,000 $ 128,000 $ 0
Imperial, California 1 $ 159,000 $ 159,000 $ 0
Mendocino, California 1 $ 77,000 $ 77,000 $ 0
Santa Clara, California 1 $ 323,000 $ 323,000 $ 102,000
Sutter, California 1 $ 177,000 $ 177,000 $ 0
Ventura, California 1 $ 400,000 $ 400,000 $ 162,000
El Paso, Colorado 1 $ 348,000 $ 348,000 $ 77,000
Fremont, Colorado 1 $ 108,000 $ 108,000 $ 42,000
Larimer, Colorado 1 $ 215,000 $ 215,000 $ 97,000
Weld, Colorado 1 $ 167,000 $ 167,000 $ 0
Canyon, Idaho 1 $ 65,000 $ 65,000 $ 19,000
Lewis, Idaho 1 $ 56,000 $ 56,000 $ 22,000
Valley, Idaho 1 $ 266,000 $ 266,000 $ 173,000
St. Louis, Missouri 1 $ 266,000 $ 266,000 $ 0
Cascade, Montana 1 $ 136,000 $ 136,000 $ 0
Flathead, Montana 1 $ 117,000 $ 117,000 $ 0
Ravalli, Montana 1 $ 132,000 $ 132,000 $ 253,000
Clark, Nevada 1 $ 140,000 $ 140,000 $ 47,000
Dona Ana, New Mexico 1 $ 82,000 $ 82,000 $ 41,000
Clatsop, Oregon 1 $ 248,000 $ 248,000 $ 92,000
Coos, Oregon 1 $ 78,000 $ 78,000 $ 59,000
Jefferson, Oregon 1 $ 84,000 $ 84,000 $ 0
Morrow, Oregon 1 $ 123,000 $ 123,000 $ 60,000
Polk, Oregon 1 $ 145,000 $ 145,000 $ 50,000
Umatilla, Oregon 1 $ 200,000 $ 200,000 $ 78,000
Bexar, Texas 1 $ 105,000 $ 105,000 $ 0
Denton, Texas 1 $ 106,000 $ 106,000 $ 0
Utah, Utah 1 $ 127,000 $ 127,000 $ 0
Asotin, Washington 1 $ 90,000 $ 90,000 $ 0
Ferry, Washington 1 $ 115,000 $ 115,000 $ 0
Jefferson, Washington 1 $ 130,000 $ 130,000 $ 72,000

Mortgage Loan Application Detail Totals for Apreva in 2003

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 (home purchase or home improvement, one-to-four family) 1,805 $293,162,000 $154,700 $1,000,000 $32,600 $949,000
Home Purchase (one-to-four family) 1,252 $202,247,000 $147,875 $956,000 $55,875 $819,000
Multifamily dwelling (home purchase, home improvement, and refinancings) 0 $0 $0 $0 $0 $0
Home Improvement (one-to-four family) 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 2,556 $413,580,000 $144,625 $1,000,000 $43,250 $894,000
Hispanic 181 $28,444,000 $130,571 $582,000 $37,571 $168,000
Information not provided by applicant in mail or telephone application 105 $17,376,000 $154,666 $534,000 $21,444 $268,000
Black 98 $16,687,000 $196,000 $710,000 $83,333 $315,000
Asian or Pacific Islander 70 $11,570,000 $177,666 $495,000 $49,000 $294,000
Other 37 $6,060,000 $97,333 $360,000 $60,666 $949,000
American Indian or Alaskan Native 10 $1,692,000 $173,666 $250,000 $77,333 $660,000
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) 1,581 $263,275,000 $157,428 $1,000,000 $77,857 $949,000
FHA-insured (Federal Housing Administration) 1,096 $170,404,000 $147,636 $394,000 $21,363 $660,000
VA-guaranteed (Veterans Administration) 380 $61,730,000 $127,000 $284,000 $24,000 $195,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 2,183 $352,789,000 $167,777 $956,000 $38,222 $949,000
Application Approved But Not Accepted 325 $54,176,000 $148,333 $590,000 $32,166 $660,000
Application Denied By Financial Institution 301 $47,656,000 $169,666 $1,000,000 $60,166 $672,000
File Closed For Incompleteness 176 $28,488,000 $149,571 $485,000 $67,571 $600,000
Application Withdrawn By Applicant 72 $12,300,000 $151,714 $735,000 $42,000 $282,000
Loan Purchased By The 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
Credit History 92 $14,500,000 $149,500 $292,000 $69,500 $360,000
Debt-To-Income Ratio 25 $2,958,000 $106,500 $282,000 $187,000 $315,000
Other 16 $2,243,000 $142,000 $266,000 $85,500 $155,000
Collateral 9 $1,262,000 $140,000 $250,000 $72,000 $168,000
Employment History 5 $641,000 $128,000 $227,000 $125,000 $569,000
Mortgage Insurance Denied 2 $224,000 $112,000 $119,000 $73,500 $77,000
Credit Application Incomplete 1 $183,000 $183,000 $183,000 $117,000 $117,000
Unverifiable Information 1 $153,000 $153,000 $153,000 $65,000 $65,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Apreva's 2003 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 Apreva'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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