Bank of Internet USA Mortgage Lending & HMDA Data, 2007
In 2007, Bank of Internet USA of San Diego, CA reported 1,833 mortgage applications totaling $121.0 million, up 234% from 2006. The average application was for $65,989, and applicants reported an average income of $94,247. 42% of its applications resulted in an originated loan and 22% were denied. Its largest markets were Atlanta-Sandy Springs-Marietta, GA (80), Phoenix-Mesa-Scottsdale, AZ (80) and Chicago-Naperville-Joliet, IL (52) (applications in parentheses).
| Mortgage Company & Address | Bank of Internet USA 12777 High Bluff Drive, Suite 100 San Diego, CA 92130 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,833 |
| Total Mortgage Loan Application Amount | $120,958,000 |
| Average Mortgage Loan Application Amount | $65,989 |
| Highest Mortgage Loan Application Amount | $2,000,000 |
| Average Applicant Income | $94,247 |
| Highest Applicant Income | $3,000,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Bank of Internet USA filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Atlanta-Sandy Springs-Marietta, GA | 80 | $ 4,457,000 | $ 55,712 | $ 102,000 |
| Phoenix-Mesa-Scottsdale, AZ | 80 | $ 4,090,000 | $ 51,125 | $ 95,000 |
| Chicago-Naperville-Joliet, IL | 52 | $ 2,081,000 | $ 40,019 | $ 109,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 50 | $ 2,349,000 | $ 46,980 | $ 129,780 |
| Los Angeles-Long Beach-Glendale, CA | 49 | $ 7,481,000 | $ 152,673 | $ 86,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 43 | $ 1,531,000 | $ 35,604 | $ 110,348 |
| Portland-Vancouver-Beaverton, OR-WA | 35 | $ 3,435,000 | $ 98,142 | $ 66,628 |
| Denver-Aurora, CO | 34 | $ 2,893,000 | $ 85,088 | $ 92,000 |
| Riverside-San Bernardino-Ontario, CA | 34 | $ 1,718,000 | $ 50,529 | $ 105,000 |
| Edison, NJ | 32 | $ 1,948,000 | $ 60,875 | $ 104,000 |
| Seattle-Bellevue-Everett, WA | 32 | $ 1,648,000 | $ 51,500 | $ 105,000 |
| Santa Ana-Anaheim-Irvine, CA | 30 | $ 7,823,000 | $ 260,766 | $ 94,000 |
| Philadelphia, PA | 28 | $ 1,622,000 | $ 57,928 | $ 94,000 |
| New York-White Plains-Wayne, NY-NJ | 26 | $ 2,456,000 | $ 94,461 | $ 100,846 |
| Charlotte-Gastonia-Concord, NC-SC | 24 | $ 651,000 | $ 27,125 | $ 107,000 |
| San Diego-Carlsbad-San Marcos, CA | 24 | $ 4,649,000 | $ 193,708 | $ 133,000 |
| Kansas City, MO-KS | 23 | $ 787,000 | $ 34,217 | $ 106,739 |
| Oakland-Fremont-Hayward, CA | 22 | $ 3,327,000 | $ 151,227 | $ 96,000 |
| Raleigh-Cary, NC | 22 | $ 696,000 | $ 31,636 | $ 90,000 |
| Newark-Union, NJ-PA | 21 | $ 1,365,000 | $ 65,000 | $ 128,142 |
| Tucson, AZ | 21 | $ 926,000 | $ 44,095 | $ 79,000 |
| Milwaukee-Waukesha-West Allis, WI | 19 | $ 471,000 | $ 24,789 | $ 101,000 |
| Orlando-Kissimmee, FL | 19 | $ 655,000 | $ 34,473 | $ 87,000 |
| Tampa-St. Petersburg-Clearwater, FL | 19 | $ 735,000 | $ 38,684 | $ 83,000 |
| St. Louis, MO-IL | 18 | $ 612,000 | $ 34,000 | $ 107,000 |
| Las Vegas-Paradise, NV | 17 | $ 1,495,000 | $ 87,941 | $ 72,000 |
| Nassau-Suffolk, NY | 17 | $ 1,858,000 | $ 109,294 | $ 116,000 |
| Bethesda-Gaithersburg-Frederick, MD | 16 | $ 1,117,000 | $ 69,812 | $ 188,000 |
| Warren-Troy-Farmington Hills, MI | 16 | $ 842,000 | $ 52,625 | $ 101,000 |
| Albuquerque, NM | 15 | $ 695,000 | $ 46,333 | $ 85,000 |
| Baltimore-Towson, MD | 15 | $ 553,000 | $ 36,866 | $ 99,000 |
| San Francisco-San Mateo-Redwood City, CA | 15 | $ 4,406,000 | $ 293,733 | $ 86,000 |
| Camden, NJ | 13 | $ 520,000 | $ 40,000 | $ 102,000 |
| Sacramento--Arden-Arcade--Roseville, CA | 13 | $ 1,087,000 | $ 83,615 | $ 94,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 13 | $ 577,000 | $ 44,384 | $ 94,000 |
| West Palm Beach-Boca Raton-Boynton Beach, FL | 13 | $ 460,000 | $ 35,384 | $ 93,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 12 | $ 506,000 | $ 42,166 | $ 78,000 |
| Cincinnati-Middletown, OH-KY-IN | 11 | $ 356,000 | $ 32,363 | $ 102,363 |
| Hartford-West Hartford-East Hartford, CT | 11 | $ 328,000 | $ 29,818 | $ 73,000 |
| Memphis, TN-MS-AR | 10 | $ 318,000 | $ 31,800 | $ 71,600 |
| Richmond, VA | 10 | $ 350,000 | $ 35,000 | $ 91,000 |
| Indianapolis-Carmel, IN | 9 | $ 237,000 | $ 26,333 | $ 80,000 |
| Miami-Miami Beach-Kendall, FL | 9 | $ 695,000 | $ 77,222 | $ 75,000 |
| New Haven-Milford, CT | 9 | $ 346,000 | $ 38,444 | $ 104,000 |
| Bridgeport-Stamford-Norwalk, CT | 8 | $ 2,265,000 | $ 283,125 | $ 97,000 |
| Durham, NC | 8 | $ 291,000 | $ 36,375 | $ 96,000 |
| Grand Rapids-Wyoming, MI | 8 | $ 359,000 | $ 44,875 | $ 85,000 |
| Tacoma, WA | 8 | $ 525,000 | $ 65,625 | $ 100,000 |
| Boulder, CO | 7 | $ 431,000 | $ 61,571 | $ 125,000 |
| Colorado Springs, CO | 7 | $ 800,000 | $ 114,285 | $ 126,000 |
| Lake County-Kenosha County, IL-WI | 7 | $ 633,000 | $ 90,428 | $ 68,714 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 7 | $ 155,000 | $ 22,142 | $ 93,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 7 | $ 1,210,000 | $ 172,857 | $ 110,000 |
| Palm Bay-Melbourne-Titusville, FL | 7 | $ 363,000 | $ 51,857 | $ 82,000 |
| Pittsburgh, PA | 7 | $ 256,000 | $ 36,571 | $ 77,000 |
| Boston-Quincy, MA | 6 | $ 246,000 | $ 41,000 | $ 85,000 |
| Cambridge-Newton-Framingham, MA | 6 | $ 1,088,000 | $ 181,333 | $ 55,000 |
| Chico, CA | 6 | $ 146,000 | $ 24,333 | $ 57,000 |
| Cleveland-Elyria-Mentor, OH | 6 | $ 140,000 | $ 23,333 | $ 97,000 |
| Des Moines-West Des Moines, IA | 6 | $ 155,000 | $ 25,833 | $ 70,000 |
| Detroit-Livonia-Dearborn, MI | 6 | $ 240,000 | $ 40,000 | $ 84,000 |
| Green Bay, WI | 6 | $ 175,000 | $ 29,166 | $ 158,000 |
| Harrisburg-Carlisle, PA | 6 | $ 155,000 | $ 25,833 | $ 92,000 |
| Salt Lake City, UT | 6 | $ 212,000 | $ 35,333 | $ 93,000 |
| Santa Rosa-Petaluma, CA | 6 | $ 597,000 | $ 99,500 | $ 63,000 |
| Wilmington, NC | 6 | $ 197,000 | $ 32,833 | $ 51,000 |
| Albany-Schenectady-Troy, NY | 5 | $ 195,000 | $ 39,000 | $ 670,000 |
| Atlantic City, NJ | 5 | $ 952,000 | $ 190,400 | $ 53,000 |
| Bend, OR | 5 | $ 343,000 | $ 68,600 | $ 62,000 |
| Boise City-Nampa, ID | 5 | $ 425,000 | $ 85,000 | $ 72,000 |
| Knoxville, TN | 5 | $ 200,000 | $ 40,000 | $ 68,000 |
| Little Rock-North Little Rock-Conway, AR | 5 | $ 159,000 | $ 31,800 | $ 115,000 |
| Louisville-Jefferson County, KY-IN | 5 | $ 205,000 | $ 41,000 | $ 98,600 |
| Lynchburg, VA | 5 | $ 151,000 | $ 30,200 | $ 71,000 |
| Madison, WI | 5 | $ 208,000 | $ 41,600 | $ 65,000 |
| Providence-New Bedford-Fall River, RI-MA | 5 | $ 179,000 | $ 35,800 | $ 149,000 |
| Provo-Orem, UT | 5 | $ 190,000 | $ 38,000 | $ 76,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 5 | $ 602,000 | $ 120,400 | $ 82,000 |
| Santa Barbara-Santa Maria-Goleta, CA | 5 | $ 2,093,000 | $ 418,600 | $ 32,000 |
| Springfield, MO | 5 | $ 150,000 | $ 30,000 | $ 46,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 4 | $ 114,000 | $ 28,500 | $ 58,500 |
| Athens-Clarke County, GA | 4 | $ 210,000 | $ 52,500 | $ 70,000 |
| Auburn-Opelika, AL | 4 | $ 120,000 | $ 30,000 | $ 88,000 |
| Buffalo-Niagara Falls, NY | 4 | $ 83,000 | $ 20,750 | $ 67,000 |
| Columbus, OH | 4 | $ 134,000 | $ 33,500 | $ 100,000 |
| Fort Collins-Loveland, CO | 4 | $ 154,000 | $ 38,500 | $ 123,000 |
| Fresno, CA | 4 | $ 164,000 | $ 41,000 | $ 82,000 |
| Greensboro-High Point, NC | 4 | $ 113,000 | $ 28,250 | $ 96,000 |
| Hagerstown-Martinsburg, MD-WV | 4 | $ 175,000 | $ 43,750 | $ 122,250 |
| Jacksonville, FL | 4 | $ 198,000 | $ 49,500 | $ 71,000 |
| Olympia, WA | 4 | $ 155,000 | $ 38,750 | $ 88,000 |
| Portland-South Portland-Biddeford, ME | 4 | $ 150,000 | $ 37,500 | $ 88,000 |
| Poughkeepsie-Newburgh-Middletown, NY | 4 | $ 102,000 | $ 25,500 | $ 116,000 |
| Racine, WI | 4 | $ 96,000 | $ 24,000 | $ 66,000 |
| Reading, PA | 4 | $ 131,000 | $ 32,750 | $ 83,000 |
| Roanoke, VA | 4 | $ 173,000 | $ 43,250 | $ 82,000 |
| Salem, OR | 4 | $ 177,000 | $ 44,250 | $ 79,000 |
| Syracuse, NY | 4 | $ 121,000 | $ 30,250 | $ 54,000 |
| Tallahassee, FL | 4 | $ 125,000 | $ 31,250 | $ 49,000 |
| Wichita, KS | 4 | $ 182,000 | $ 45,500 | $ 97,000 |
| Asheville, NC | 3 | $ 79,000 | $ 26,333 | $ 45,000 |
| Bellingham, WA | 3 | $ 62,000 | $ 20,666 | $ 87,000 |
| Birmingham-Hoover, AL | 3 | $ 55,000 | $ 18,333 | $ 46,000 |
| Bloomington-Normal, IL | 3 | $ 75,000 | $ 25,000 | $ 82,000 |
| Cedar Rapids, IA | 3 | $ 106,000 | $ 35,333 | $ 60,000 |
| Champaign-Urbana, IL | 3 | $ 57,000 | $ 19,000 | $ 69,000 |
| Chattanooga, TN-GA | 3 | $ 134,000 | $ 44,666 | $ 92,000 |
| Danville, VA | 3 | $ 78,000 | $ 26,000 | $ 175,000 |
| Dayton, OH | 3 | $ 82,000 | $ 27,333 | $ 91,000 |
| Flagstaff, AZ | 3 | $ 125,000 | $ 41,666 | $ 85,000 |
| Glens Falls, NY | 3 | $ 802,000 | $ 267,333 | $ 84,000 |
| Holland-Grand Haven, MI | 3 | $ 120,000 | $ 40,000 | $ 64,000 |
| Honolulu, HI | 3 | $ 145,000 | $ 48,333 | $ 70,000 |
| Huntsville, AL | 3 | $ 100,000 | $ 33,333 | $ 83,000 |
| Iowa City, IA | 3 | $ 117,000 | $ 39,000 | $ 86,000 |
| Lexington-Fayette, KY | 3 | $ 138,000 | $ 46,000 | $ 95,000 |
| New Orleans-Metairie-Kenner, LA | 3 | $ 1,250,000 | $ 416,666 | $ 233,000 |
| Ocala, FL | 3 | $ 269,000 | $ 89,666 | $ 98,000 |
| Ocean City, NJ | 3 | $ 63,000 | $ 21,000 | $ 74,000 |
| Ogden-Clearfield, UT | 3 | $ 122,000 | $ 40,666 | $ 57,000 |
| Prescott, AZ | 3 | $ 105,000 | $ 35,000 | $ 97,000 |
| Rochester, MN | 3 | $ 155,000 | $ 51,666 | $ 204,000 |
| Rochester, NY | 3 | $ 122,000 | $ 40,666 | $ 133,000 |
| Rockingham County-Strafford County, NH | 3 | $ 145,000 | $ 48,333 | $ 105,000 |
| Salinas, CA | 3 | $ 185,000 | $ 61,666 | $ 109,000 |
| Salisbury, MD | 3 | $ 173,000 | $ 57,666 | $ 78,000 |
| San Luis Obispo-Paso Robles, CA | 3 | $ 115,000 | $ 38,333 | $ 73,000 |
| Santa Fe, NM | 3 | $ 118,000 | $ 39,333 | $ 46,000 |
| Scranton--Wilkes-Barre, PA | 3 | $ 65,000 | $ 21,666 | $ 46,000 |
| Vallejo-Fairfield, CA | 3 | $ 316,000 | $ 105,333 | $ 84,000 |
| Winston-Salem, NC | 3 | $ 146,000 | $ 48,666 | $ 75,000 |
| York-Hanover, PA | 3 | $ 120,000 | $ 40,000 | $ 79,000 |
| Anchorage, AK | 2 | $ 176,000 | $ 88,000 | $ 93,000 |
| Augusta-Richmond County, GA-SC | 2 | $ 79,000 | $ 39,500 | $ 73,000 |
| Bangor, ME | 2 | $ 55,000 | $ 27,500 | $ 45,000 |
| Billings, MT | 2 | $ 45,000 | $ 22,500 | $ 81,000 |
| Burlington-South Burlington, VT | 2 | $ 140,000 | $ 70,000 | $ 38,000 |
| Dallas-Plano-Irving, TX | 2 | $ 765,000 | $ 382,500 | $ 16,000 |
| El Centro, CA | 2 | $ 94,000 | $ 47,000 | $ 84,000 |
| Eugene-Springfield, OR | 2 | $ 95,000 | $ 47,500 | $ 76,000 |
| Fairbanks, AK | 2 | $ 80,000 | $ 40,000 | $ 90,000 |
| Gainesville, FL | 2 | $ 45,000 | $ 22,500 | $ 46,000 |
| Gainesville, GA | 2 | $ 37,000 | $ 18,500 | $ 83,000 |
| Gary, IN | 2 | $ 42,000 | $ 21,000 | $ 73,000 |
| Grand Junction, CO | 2 | $ 65,000 | $ 32,500 | $ 84,000 |
| Greenville, NC | 2 | $ 45,000 | $ 22,500 | $ 91,000 |
| Houston-Sugar Land-Baytown, TX | 2 | $ 231,000 | $ 115,500 | $ 0 |
| Idaho Falls, ID | 2 | $ 43,000 | $ 21,500 | $ 97,000 |
| Kingston, NY | 2 | $ 45,000 | $ 22,500 | $ 75,000 |
| Lakeland, FL | 2 | $ 55,000 | $ 27,500 | $ 84,000 |
| Lancaster, PA | 2 | $ 46,000 | $ 23,000 | $ 54,000 |
| Lawrence, KS | 2 | $ 61,000 | $ 30,500 | $ 116,000 |
| Logan, UT-ID | 2 | $ 64,000 | $ 32,000 | $ 49,000 |
| Naples-Marco Island, FL | 2 | $ 499,000 | $ 249,500 | $ 33,000 |
| Pueblo, CO | 2 | $ 54,000 | $ 27,000 | $ 48,000 |
| Redding, CA | 2 | $ 65,000 | $ 32,500 | $ 141,000 |
| Reno-Sparks, NV | 2 | $ 75,000 | $ 37,500 | $ 64,000 |
| Rockford, IL | 2 | $ 55,000 | $ 27,500 | $ 58,000 |
| Santa Cruz-Watsonville, CA | 2 | $ 75,000 | $ 37,500 | $ 72,000 |
| Sarasota-Bradenton-Venice, FL | 2 | $ 65,000 | $ 32,500 | $ 79,000 |
| Savannah, GA | 2 | $ 75,000 | $ 37,500 | $ 110,000 |
| Springfield, MA | 2 | $ 75,000 | $ 37,500 | $ 77,000 |
| Tuscaloosa, AL | 2 | $ 105,000 | $ 52,500 | $ 94,000 |
| Vineland-Millville-Bridgeton, NJ | 2 | $ 50,000 | $ 25,000 | $ 75,000 |
| Weirton-Steubenville, WV-OH | 2 | $ 62,000 | $ 31,000 | $ 60,000 |
| Yuma, AZ | 2 | $ 85,000 | $ 42,500 | $ 68,000 |
| Akron, OH | 1 | $ 15,000 | $ 15,000 | $ 83,000 |
| Ames, IA | 1 | $ 35,000 | $ 35,000 | $ 162,000 |
| Anderson, IN | 1 | $ 20,000 | $ 20,000 | $ 43,000 |
| Ann Arbor, MI | 1 | $ 25,000 | $ 25,000 | $ 60,000 |
| Austin-Round Rock, TX | 1 | $ 152,000 | $ 152,000 | $ 0 |
| Bakersfield, CA | 1 | $ 20,000 | $ 20,000 | $ 34,000 |
| Baton Rouge, LA | 1 | $ 240,000 | $ 240,000 | $ 128,000 |
| Binghamton, NY | 1 | $ 35,000 | $ 35,000 | $ 173,000 |
| Bismarck, ND | 1 | $ 32,000 | $ 32,000 | $ 88,000 |
| Bowling Green, KY | 1 | $ 32,000 | $ 32,000 | $ 44,000 |
| Bremerton-Silverdale, WA | 1 | $ 60,000 | $ 60,000 | $ 101,000 |
| Burlington, NC | 1 | $ 30,000 | $ 30,000 | $ 93,000 |
| Canton-Massillon, OH | 1 | $ 20,000 | $ 20,000 | $ 50,000 |
| Charleston, WV | 1 | $ 17,000 | $ 17,000 | $ 76,000 |
| Charleston-North Charleston, SC | 1 | $ 48,000 | $ 48,000 | $ 0 |
| Charlottesville, VA | 1 | $ 35,000 | $ 35,000 | $ 120,000 |
| Coeur D'Alene, ID | 1 | $ 17,000 | $ 17,000 | $ 102,000 |
| Columbus, GA-AL | 1 | $ 30,000 | $ 30,000 | $ 124,000 |
| Davenport-Moline-Rock Island, IA-IL | 1 | $ 35,000 | $ 35,000 | $ 72,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 1 | $ 24,000 | $ 24,000 | $ 43,000 |
| Dothan, AL | 1 | $ 13,000 | $ 13,000 | $ 135,000 |
| Dover, DE | 1 | $ 67,000 | $ 67,000 | $ 95,000 |
| Duluth, MN-WI | 1 | $ 45,000 | $ 45,000 | $ 59,000 |
| Erie, PA | 1 | $ 32,000 | $ 32,000 | $ 117,000 |
| Farmington, NM | 1 | $ 50,000 | $ 50,000 | $ 100,000 |
| Fayetteville, NC | 1 | $ 26,000 | $ 26,000 | $ 123,000 |
| Fayetteville-Springdale-Rogers, AR-MO | 1 | $ 30,000 | $ 30,000 | $ 85,000 |
| Flint, MI | 1 | $ 15,000 | $ 15,000 | $ 24,000 |
| Florence-Muscle Shoals, AL | 1 | $ 45,000 | $ 45,000 | $ 78,000 |
| Fort Smith, AR-OK | 1 | $ 25,000 | $ 25,000 | $ 20,000 |
| Fort Walton Beach-Crestview-Destin, FL | 1 | $ 40,000 | $ 40,000 | $ 133,000 |
| Goldsboro, NC | 1 | $ 20,000 | $ 20,000 | $ 59,000 |
| Greeley, CO | 1 | $ 30,000 | $ 30,000 | $ 108,000 |
| Greenville-Mauldin-Easley, SC | 1 | $ 30,000 | $ 30,000 | $ 30,000 |
| Hanford-Corcoran, CA | 1 | $ 35,000 | $ 35,000 | $ 69,000 |
| Huntington-Ashland, WV-KY-OH | 1 | $ 50,000 | $ 50,000 | $ 111,000 |
| Jackson, MI | 1 | $ 26,000 | $ 26,000 | $ 40,000 |
| Jackson, MS | 1 | $ 27,000 | $ 27,000 | $ 77,000 |
| Janesville, WI | 1 | $ 75,000 | $ 75,000 | $ 95,000 |
| Johnson City, TN | 1 | $ 70,000 | $ 70,000 | $ 51,000 |
| Joplin, MO | 1 | $ 20,000 | $ 20,000 | $ 62,000 |
| Kalamazoo-Portage, MI | 1 | $ 34,000 | $ 34,000 | $ 150,000 |
| Kingsport-Bristol-Bristol, TN-VA | 1 | $ 10,000 | $ 10,000 | $ 25,000 |
| Lafayette, LA | 1 | $ 158,000 | $ 158,000 | $ 53,000 |
| Lake Havasu City-Kingman, AZ | 1 | $ 50,000 | $ 50,000 | $ 64,000 |
| Lewiston, ID-WA | 1 | $ 15,000 | $ 15,000 | $ 103,000 |
| Lima, OH | 1 | $ 100,000 | $ 100,000 | $ 480,000 |
| Lincoln, NE | 1 | $ 10,000 | $ 10,000 | $ 69,000 |
| Longview, WA | 1 | $ 10,000 | $ 10,000 | $ 43,000 |
| Macon, GA | 1 | $ 30,000 | $ 30,000 | $ 38,000 |
| Manchester-Nashua, NH | 1 | $ 32,000 | $ 32,000 | $ 208,000 |
| Merced, CA | 1 | $ 25,000 | $ 25,000 | $ 71,000 |
| Missoula, MT | 1 | $ 30,000 | $ 30,000 | $ 149,000 |
| Mobile, AL | 1 | $ 30,000 | $ 30,000 | $ 108,000 |
| Modesto, CA | 1 | $ 30,000 | $ 30,000 | $ 132,000 |
| Monroe, LA | 1 | $ 195,000 | $ 195,000 | $ 120,000 |
| Monroe, MI | 1 | $ 12,000 | $ 12,000 | $ 24,000 |
| Montgomery, AL | 1 | $ 20,000 | $ 20,000 | $ 38,000 |
| Mount Vernon-Anacortes, WA | 1 | $ 50,000 | $ 50,000 | $ 83,000 |
| Norwich-New London, CT | 1 | $ 11,000 | $ 11,000 | $ 143,000 |
| Oshkosh-Neenah, WI | 1 | $ 35,000 | $ 35,000 | $ 64,000 |
| Palm Coast, FL | 1 | $ 50,000 | $ 50,000 | $ 116,000 |
| Parkersburg-Marietta-Vienna, WV-OH | 1 | $ 24,000 | $ 24,000 | $ 150,000 |
| Peabody, MA | 1 | $ 40,000 | $ 40,000 | $ 120,000 |
| Peoria, IL | 1 | $ 20,000 | $ 20,000 | $ 48,000 |
| Pittsfield, MA | 1 | $ 18,000 | $ 18,000 | $ 143,000 |
| Pocatello, ID | 1 | $ 30,000 | $ 30,000 | $ 86,000 |
| Port St. Lucie, FL | 1 | $ 20,000 | $ 20,000 | $ 116,000 |
| Rapid City, SD | 1 | $ 22,000 | $ 22,000 | $ 23,000 |
| Rocky Mount, NC | 1 | $ 10,000 | $ 10,000 | $ 37,000 |
| Sebastian-Vero Beach, FL | 1 | $ 38,000 | $ 38,000 | $ 96,000 |
| Sheboygan, WI | 1 | $ 20,000 | $ 20,000 | $ 66,000 |
| Sioux City, IA-NE-SD | 1 | $ 25,000 | $ 25,000 | $ 57,000 |
| Springfield, IL | 1 | $ 10,000 | $ 10,000 | $ 85,000 |
| St. Cloud, MN | 1 | $ 30,000 | $ 30,000 | $ 80,000 |
| St. George, UT | 1 | $ 10,000 | $ 10,000 | $ 113,000 |
| Topeka, KS | 1 | $ 25,000 | $ 25,000 | $ 87,000 |
| Trenton-Ewing, NJ | 1 | $ 100,000 | $ 100,000 | $ 315,000 |
| Utica-Rome, NY | 1 | $ 40,000 | $ 40,000 | $ 108,000 |
| Visalia-Porterville, CA | 1 | $ 10,000 | $ 10,000 | $ 24,000 |
| Waco, TX | 1 | $ 143,000 | $ 143,000 | $ 0 |
| Warner Robins, GA | 1 | $ 15,000 | $ 15,000 | $ 61,000 |
| Waterloo-Cedar Falls, IA | 1 | $ 39,000 | $ 39,000 | $ 118,000 |
| Wheeling, WV-OH | 1 | $ 40,000 | $ 40,000 | $ 48,000 |
| Wilmington, DE-MD-NJ | 1 | $ 20,000 | $ 20,000 | $ 60,000 |
| Yuba City, CA | 1 | $ 30,000 | $ 30,000 | $ 132,000 |
Mortgage Loan Application Detail Totals for Bank of Internet USA in 2007
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 Improvement | 1,128 | $39,241,000 | $34,000 | $300,000 | $99,000 | $3,000,000 |
| Refinancing | 641 | $59,616,000 | $93,000 | $1,091,000 | $91,000 | $480,000 |
| Home Purchase | 64 | $22,101,000 | $345,000 | $2,000,000 | $43,000 | $385,000 |
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 | 989 | $50,402,000 | $50,000 | $1,000,000 | $92,000 | $624,000 |
| Not Provided | 602 | $28,562,000 | $47,000 | $749,000 | $107,000 | $3,000,000 |
| Asian | 81 | $6,949,000 | $85,000 | $1,000,000 | $103,000 | $310,000 |
| Not applicable | 61 | $30,255,000 | $495,000 | $2,000,000 | $0 | $0 |
| Hispanic | 57 | $2,577,000 | $45,000 | $414,000 | $98,000 | $480,000 |
| Black or African American | 34 | $1,311,000 | $38,000 | $164,000 | $77,000 | $185,000 |
| Native Hawaiian or Other Pacific Islander | 5 | $748,000 | $149,000 | $373,000 | $65,000 | $105,000 |
| American Indian or Alaskan Native | 4 | $154,000 | $38,000 | $55,000 | $121,000 | $234,000 |
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) | 1,833 | $120,958,000 | $65,000 | $2,000,000 | $94,000 | $3,000,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 0 | $0 | $0 | $0 | $0 | $0 |
| VA-guaranteed (Veterans Administration) | 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 | 762 | $32,843,000 | $43,000 | $1,560,000 | $105,000 | $956,000 |
| Application Denied By Financial Institution | 410 | $18,794,000 | $45,000 | $308,000 | $88,000 | $3,000,000 |
| File Closed For Incompleteness | 339 | $16,123,000 | $47,000 | $1,000,000 | $102,000 | $480,000 |
| Application Withdrawn By Applicant | 224 | $11,188,000 | $49,000 | $750,000 | $100,000 | $624,000 |
| Loan Purchased By The Institution | 98 | $42,010,000 | $428,000 | $2,000,000 | $0 | $0 |
| Preapproval Approved but not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Application Approved But Not Accepted | 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 | 185 | $9,239,000 | $49,000 | $308,000 | $69,000 | $270,000 |
| Collateral | 103 | $4,111,000 | $39,000 | $204,000 | $93,000 | $420,000 |
| Credit History | 54 | $2,737,000 | $50,000 | $220,000 | $141,000 | $3,000,000 |
| Other | 50 | $2,111,000 | $42,000 | $240,000 | $99,000 | $414,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 9 | $341,000 | $37,000 | $98,000 | $50,000 | $96,000 |
| Unverifiable Information | 6 | $165,000 | $27,000 | $50,000 | $55,000 | $96,000 |
| Employment History | 2 | $60,000 | $30,000 | $30,000 | $74,000 | $100,000 |
| Credit Application Incomplete | 1 | $30,000 | $30,000 | $30,000 | $74,000 | $74,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Bank of Internet USA's 2007 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 Bank of Internet USA'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.
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