Bank of Manhattan Mortgage Lending & HMDA Data, 2014

In 2014, Bank of Manhattan of El Segundo, CA reported 1,724 mortgage applications totaling $904.1 million, down 28% from 2013. The average application was for $524,436, and applicants reported an average income of $234,527. 71% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (713), Anaheim-Santa Ana-Irvine, CA (417) and San Diego-Carlsbad, CA (167) (applications in parentheses).

Mortgage Company & Address Bank of Manhattan
2141 Rosecrans Avenue Suite 1100
El Segundo, CA 90245
Tel #: available with data download
Federal Regulator * available with data download
Years 2014  2013  2012  2011  
Total Number of Mortgage Applications 1,724
Total Mortgage Loan Application Amount $904,129,000
Average Mortgage Loan Application Amount $524,436
Highest Mortgage Loan Application Amount $4,000,000
Average Applicant Income $234,527
Highest Applicant Income $6,299,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Bank of Manhattan filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Bank of Manhattan by County in 2014

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Los Angeles, California 713 $ 404,395,000 $ 567,173 $ 252,000
Orange, California 417 $ 243,400,000 $ 583,693 $ 233,000
San Diego, California 167 $ 72,072,000 $ 431,568 $ 155,000
Santa Barbara, California 76 $ 57,666,000 $ 758,763 $ 310,000
Riverside, California 69 $ 20,789,000 $ 301,289 $ 152,000
Ventura, California 42 $ 20,931,000 $ 498,357 $ 262,000
San Bernardino, California 39 $ 10,738,000 $ 275,333 $ 182,000
Maricopa, Arizona 14 $ 3,412,000 $ 243,714 $ 169,000
Clark, Nevada 12 $ 5,465,000 $ 455,416 $ 698,000
Kern, California 6 $ 743,000 $ 123,833 $ 197,000
Santa Clara, California 6 $ 4,160,000 $ 693,333 $ 215,000
Contra Costa, California 5 $ 2,056,000 $ 411,200 $ 129,000
Placer, California 5 $ 2,057,000 $ 411,400 $ 150,000
San Luis Obispo, California 5 $ 2,695,000 $ 539,000 $ 207,000
Mono, California 4 $ 1,358,000 $ 339,500 $ 642,000
Sacramento, California 4 $ 1,009,000 $ 252,250 $ 116,000
Multnomah, Oregon 4 $ 1,339,000 $ 334,750 $ 161,000
Collin, Texas 4 $ 1,769,000 $ 442,250 $ 234,000
Travis, Texas 4 $ 1,198,000 $ 299,500 $ 215,000
King, Washington 4 $ 1,283,000 $ 320,750 $ 274,000
Pima, Arizona 3 $ 326,000 $ 108,666 $ 189,000
Marin, California 3 $ 5,915,000 $ 1,971,666 $ 886,000
Monterey, California 3 $ 1,305,000 $ 435,000 $ 456,000
San Francisco, California 3 $ 2,192,000 $ 730,666 $ 373,000
San Mateo, California 3 $ 1,464,000 $ 488,000 $ 380,000
Sonoma, California 3 $ 1,424,000 $ 474,666 $ 209,000
Honolulu, Hawaii 3 $ 1,601,000 $ 533,666 $ 226,000
Jackson, Missouri 3 $ 339,000 $ 113,000 $ 98,000
Denton, Texas 3 $ 1,280,000 $ 426,666 $ 272,000
Mohave, Arizona 2 $ 318,000 $ 159,000 $ 185,000
Yavapai, Arizona 2 $ 693,000 $ 346,500 $ 125,000
Fresno, California 2 $ 511,000 $ 255,500 $ 55,000
San Joaquin, California 2 $ 756,000 $ 378,000 $ 147,000
Broward, Florida 2 $ 750,000 $ 375,000 $ 255,000
Rockdale, Georgia 2 $ 286,000 $ 143,000 $ 116,000
Bonner, Idaho 2 $ 649,000 $ 324,500 $ 221,000
Oakland, Michigan 2 $ 136,000 $ 68,000 $ 248,000
Mecklenburg, North Carolina 2 $ 238,000 $ 119,000 $ 91,000
Tulsa, Oklahoma 2 $ 154,000 $ 77,000 $ 93,000
Clackamas, Oregon 2 $ 308,000 $ 154,000 $ 103,000
Dallas, Texas 2 $ 571,000 $ 285,500 $ 171,000
Kaufman, Texas 2 $ 150,000 $ 75,000 $ 169,000
Pierce, Washington 2 $ 691,000 $ 345,500 $ 106,000
Coconino, Arizona 1 $ 340,000 $ 340,000 $ 204,000
La Paz, Arizona 1 $ 372,000 $ 372,000 $ 196,000
Alameda, California 1 $ 91,000 $ 91,000 $ 349,000
Humboldt, California 1 $ 171,000 $ 171,000 $ 49,000
Nevada, California 1 $ 305,000 $ 305,000 $ 135,000
Santa Cruz, California 1 $ 285,000 $ 285,000 $ 93,000
Boulder, Colorado 1 $ 417,000 $ 417,000 $ 140,000
Denver, Colorado 1 $ 400,000 $ 400,000 $ 308,000
El Paso, Colorado 1 $ 380,000 $ 380,000 $ 172,000
Garfield, Colorado 1 $ 200,000 $ 200,000 $ 47,000
Jefferson, Colorado 1 $ 230,000 $ 230,000 $ 115,000
Pitkin, Colorado 1 $ 2,375,000 $ 2,375,000 $ 953,000
San Miguel, Colorado 1 $ 417,000 $ 417,000 $ 168,000
Weld, Colorado 1 $ 274,000 $ 274,000 $ 58,000
Kent, Delaware 1 $ 170,000 $ 170,000 $ 99,000
New Castle, Delaware 1 $ 257,000 $ 257,000 $ 132,000
Charlotte, Florida 1 $ 292,000 $ 292,000 $ 295,000
Lee, Florida 1 $ 200,000 $ 200,000 $ 434,000
Miami-Dade, Florida 1 $ 400,000 $ 400,000 $ 753,000
Seminole, Florida 1 $ 124,000 $ 124,000 $ 84,000
Volusia, Florida 1 $ 128,000 $ 128,000 $ 63,000
Walton, Florida 1 $ 256,000 $ 256,000 $ 90,000
Clayton, Georgia 1 $ 48,000 $ 48,000 $ 92,000
Hawaii, Hawaii 1 $ 472,000 $ 472,000 $ 263,000
Maui, Hawaii 1 $ 238,000 $ 238,000 $ 374,000
Wabash, Illinois 1 $ 60,000 $ 60,000 $ 63,000
Johnson, Indiana 1 $ 303,000 $ 303,000 $ 144,000
LaPorte, Indiana 1 $ 184,000 $ 184,000 $ 200,000
Porter, Indiana 1 $ 223,000 $ 223,000 $ 219,000
Johnson, Kansas 1 $ 366,000 $ 366,000 $ 240,000
Knox, Maine 1 $ 110,000 $ 110,000 $ 129,000
Worcester, Massachusetts 1 $ 213,000 $ 213,000 $ 104,000
Lenawee, Michigan 1 $ 232,000 $ 232,000 $ 66,000
Chisago, Minnesota 1 $ 131,000 $ 131,000 $ 133,000
Jackson, Mississippi 1 $ 153,000 $ 153,000 $ 470,000
St. Louis, Missouri 1 $ 174,000 $ 174,000 $ 72,000
Douglas, Nebraska 1 $ 140,000 $ 140,000 $ 124,000
Washoe, Nevada 1 $ 635,000 $ 635,000 $ 211,000
Los Alamos, New Mexico 1 $ 191,000 $ 191,000 $ 80,000
Rio Arriba, New Mexico 1 $ 135,000 $ 135,000 $ 141,000
Suffolk, New York 1 $ 500,000 $ 500,000 $ 596,000
Sullivan, New York 1 $ 412,000 $ 412,000 $ 1,646,000
Westchester, New York 1 $ 1,050,000 $ 1,050,000 $ 268,000
Franklin, Ohio 1 $ 77,000 $ 77,000 $ 198,000
Lucas, Ohio 1 $ 99,000 $ 99,000 $ 34,000
Portage, Ohio 1 $ 239,000 $ 239,000 $ 73,000
Douglas, Oregon 1 $ 231,000 $ 231,000 $ 65,000
Josephine, Oregon 1 $ 132,000 $ 132,000 $ 30,000
Washington, Oregon 1 $ 250,000 $ 250,000 $ 333,000
Providence, Rhode Island 1 $ 317,000 $ 317,000 $ 107,000
Sumner, Tennessee 1 $ 710,000 $ 710,000 $ 410,000
Ector, Texas 1 $ 140,000 $ 140,000 $ 56,000
Kendall, Texas 1 $ 192,000 $ 192,000 $ 124,000
Midland, Texas 1 $ 119,000 $ 119,000 $ 49,000
Williamson, Texas 1 $ 339,000 $ 339,000 $ 101,000
Davis, Utah 1 $ 125,000 $ 125,000 $ 143,000
Lincoln, Wyoming 1 $ 90,000 $ 90,000 $ 142,000

Mortgage Loan Application Detail Totals for Bank of Manhattan in 2014

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 909 $481,544,000 $529,000 $3,000,000 $235,000 $5,073,000
Refinancing 815 $422,585,000 $518,000 $4,000,000 $234,000 $6,299,000
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 1,039 $584,735,000 $562,000 $4,000,000 $250,000 $2,944,000
Not Provided 347 $182,370,000 $525,000 $3,900,000 $258,000 $5,073,000
Asian 153 $70,669,000 $461,000 $2,000,000 $178,000 $902,000
Hispanic 134 $48,065,000 $358,000 $2,000,000 $119,000 $953,000
Black or African American 25 $8,490,000 $339,000 $807,000 $388,000 $6,299,000
Native Hawaiian or Other Pacific Islander 13 $4,939,000 $379,000 $630,000 $124,000 $172,000
Not applicable 10 $3,281,000 $328,000 $900,000 $0 $0
American Indian or Alaskan Native 3 $1,580,000 $526,000 $916,000 $311,000 $662,000

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) 1,579 $846,258,000 $535,000 $4,000,000 $247,000 $6,299,000
FHA-insured (Federal Housing Administration) 84 $30,216,000 $359,000 $636,000 $105,000 $286,000
VA-guaranteed (Veterans Administration) 61 $27,655,000 $453,000 $1,000,000 $98,000 $281,000
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 1,231 $618,797,000 $502,000 $3,000,000 $222,000 $6,299,000
Application Withdrawn By Applicant 242 $141,326,000 $583,000 $4,000,000 $280,000 $2,944,000
Application Denied By Financial Institution 108 $56,669,000 $524,000 $3,000,000 $221,000 $2,642,000
Application Approved But Not Accepted 98 $64,489,000 $658,000 $2,400,000 $328,000 $5,073,000
File Closed For Incompleteness 33 $16,425,000 $497,000 $1,120,000 $163,000 $998,000
Preapproval Denied by Financial Institution 10 $5,743,000 $574,000 $1,530,000 $156,000 $490,000
Preapproval Approved but not Accepted 2 $680,000 $340,000 $344,000 $99,000 $104,000
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
Debt-To-Income Ratio 37 $17,759,000 $479,000 $2,100,000 $139,000 $614,000
Collateral 27 $10,400,000 $385,000 $1,100,000 $241,000 $1,239,000
Credit History 21 $11,369,000 $541,000 $1,573,000 $221,000 $1,194,000
Unverifiable Information 15 $11,657,000 $777,000 $3,000,000 $268,000 $1,377,000
Other 9 $3,747,000 $416,000 $654,000 $98,000 $212,000
Insufficient Cash (Downpayment, Closing Cost) 4 $3,820,000 $955,000 $2,624,000 $761,000 $2,642,000
Employment History 3 $2,577,000 $859,000 $2,000,000 $303,000 $783,000
Credit Application Incomplete 2 $1,083,000 $541,000 $644,000 $142,000 $156,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Bank of Manhattan's 2014 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 Manhattan'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