Bank of Manhattan Mortgage Lending & HMDA Data, 2013

In 2013, Bank of Manhattan of El Segundo, CA reported 2,399 mortgage applications totaling $1.3 billion, down 11% from 2012. The average application was for $554,175, and applicants reported an average income of $233,811. 62% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (1,033), Santa Ana-Anaheim-Irvine, CA (491) and San Diego-Carlsbad-San Marcos, CA (173) (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 2,399
Total Mortgage Loan Application Amount $1,329,467,000
Average Mortgage Loan Application Amount $554,175
Highest Mortgage Loan Application Amount $10,000,000
Average Applicant Income $233,811
Highest Applicant Income $7,567,000

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Act (HMDA) records Bank of Manhattan filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2013

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 1,033 $ 671,617,000 $ 650,161 $ 253,000
Orange, California 491 $ 289,467,000 $ 589,545 $ 237,000
San Diego, California 173 $ 79,521,000 $ 459,658 $ 175,000
Maricopa, Arizona 142 $ 29,850,000 $ 210,211 $ 123,000
Santa Barbara, California 126 $ 102,037,000 $ 809,817 $ 282,000
Riverside, California 58 $ 15,838,000 $ 273,068 $ 150,000
Ventura, California 44 $ 18,462,000 $ 419,590 $ 155,000
San Bernardino, California 27 $ 6,887,000 $ 255,074 $ 200,000
Clark, Nevada 19 $ 3,206,000 $ 168,736 $ 171,000
Santa Clara, California 12 $ 7,603,000 $ 633,583 $ 217,000
Middlesex, Massachusetts 12 $ 2,679,000 $ 223,250 $ 89,000
San Mateo, California 11 $ 8,149,000 $ 740,818 $ 325,000
San Francisco, California 10 $ 5,763,000 $ 576,300 $ 293,000
Contra Costa, California 9 $ 7,506,000 $ 834,000 $ 379,000
Alameda, California 8 $ 3,098,000 $ 387,250 $ 130,000
Marin, California 8 $ 5,274,000 $ 659,250 $ 410,000
Sonoma, California 8 $ 3,937,000 $ 492,125 $ 201,000
Honolulu, Hawaii 8 $ 2,924,000 $ 365,500 $ 82,000
Cook, Illinois 7 $ 1,753,000 $ 250,428 $ 157,000
Pima, Arizona 6 $ 1,093,000 $ 182,166 $ 121,000
Yavapai, Arizona 6 $ 691,000 $ 115,166 $ 81,000
Placer, California 6 $ 1,694,000 $ 282,333 $ 184,000
San Luis Obispo, California 6 $ 3,195,000 $ 532,500 $ 357,000
Dallas, Texas 6 $ 3,180,000 $ 530,000 $ 1,433,000
Pinal, Arizona 5 $ 866,000 $ 173,200 $ 91,000
Worcester, Massachusetts 5 $ 1,153,000 $ 230,600 $ 85,000
Mono, California 4 $ 2,345,000 $ 586,250 $ 276,000
Sacramento, California 4 $ 781,000 $ 195,250 $ 105,000
Essex, Massachusetts 4 $ 730,000 $ 182,500 $ 83,000
Norfolk, Massachusetts 4 $ 801,000 $ 200,250 $ 73,000
Tarrant, Texas 4 $ 315,000 $ 78,750 $ 213,000
King, Washington 4 $ 1,445,000 $ 361,250 $ 173,000
Fresno, California 3 $ 792,000 $ 264,000 $ 193,000
Kern, California 3 $ 599,000 $ 199,666 $ 213,000
Suffolk, Massachusetts 3 $ 802,000 $ 267,333 $ 135,000
Douglas, Nevada 3 $ 3,989,000 $ 1,329,666 $ 1,096,000
Collin, Texas 3 $ 1,214,000 $ 404,666 $ 2,613,000
Butte, California 2 $ 828,000 $ 414,000 $ 228,000
Mendocino, California 2 $ 1,162,000 $ 581,000 $ 264,000
Monterey, California 2 $ 2,045,000 $ 1,022,500 $ 190,000
San Joaquin, California 2 $ 449,000 $ 224,500 $ 213,000
Yolo, California 2 $ 644,000 $ 322,000 $ 167,000
Denver, Colorado 2 $ 1,517,000 $ 758,500 $ 243,000
Douglas, Colorado 2 $ 1,923,000 $ 961,500 $ 237,000
Weld, Colorado 2 $ 498,000 $ 249,000 $ 122,000
Maui, Hawaii 2 $ 1,226,000 $ 613,000 $ 758,000
Kootenai, Idaho 2 $ 495,000 $ 247,500 $ 103,000
Plymouth, Massachusetts 2 $ 732,000 $ 366,000 $ 209,000
Hillsborough, New Hampshire 2 $ 504,000 $ 252,000 $ 103,000
Ocean, New Jersey 2 $ 453,000 $ 226,500 $ 187,000
Lea, New Mexico 2 $ 720,000 $ 360,000 $ 83,000
Suffolk, New York 2 $ 977,000 $ 488,500 $ 111,000
Wake, North Carolina 2 $ 479,000 $ 239,500 $ 103,000
Clackamas, Oregon 2 $ 746,000 $ 373,000 $ 97,000
Davidson, Tennessee 2 $ 2,362,000 $ 1,181,000 $ 1,122,000
Williamson, Tennessee 2 $ 763,000 $ 381,500 $ 925,000
Bexar, Texas 2 $ 192,000 $ 96,000 $ 123,000
Galveston, Texas 2 $ 419,000 $ 209,500 $ 75,000
Williamson, Texas 2 $ 282,000 $ 141,000 $ 178,000
Washington, Utah 2 $ 792,000 $ 396,000 $ 85,000
Fairfax, Virginia 2 $ 993,000 $ 496,500 $ 334,000
Mohave, Arizona 1 $ 123,000 $ 123,000 $ 102,000
Navajo, Arizona 1 $ 116,000 $ 116,000 $ 46,000
El Dorado, California 1 $ 414,000 $ 414,000 $ 118,000
Imperial, California 1 $ 35,000 $ 35,000 $ 47,000
Inyo, California 1 $ 230,000 $ 230,000 $ 177,000
Nevada, California 1 $ 223,000 $ 223,000 $ 40,000
Solano, California 1 $ 183,000 $ 183,000 $ 143,000
Stanislaus, California 1 $ 417,000 $ 417,000 $ 782,000
Adams, Colorado 1 $ 127,000 $ 127,000 $ 45,000
Broomfield, Colorado 1 $ 101,000 $ 101,000 $ 61,000
Eagle, Colorado 1 $ 403,000 $ 403,000 $ 439,000
Jefferson, Colorado 1 $ 500,000 $ 500,000 $ 149,000
Summit, Colorado 1 $ 124,000 $ 124,000 $ 122,000
Collier, Florida 1 $ 1,200,000 $ 1,200,000 $ 725,000
Hillsborough, Florida 1 $ 126,000 $ 126,000 $ 62,000
Indian River, Florida 1 $ 261,000 $ 261,000 $ 77,000
St. Johns, Florida 1 $ 752,000 $ 752,000 $ 250,000
Coweta, Georgia 1 $ 132,000 $ 132,000 $ 72,000
Fayette, Georgia 1 $ 147,000 $ 147,000 $ 103,000
Hawaii, Hawaii 1 $ 402,000 $ 402,000 $ 74,000
Lake, Illinois 1 $ 339,000 $ 339,000 $ 156,000
McHenry, Illinois 1 $ 130,000 $ 130,000 $ 39,000
Montgomery, Illinois 1 $ 152,000 $ 152,000 $ 210,000
Johnson, Kansas 1 $ 285,000 $ 285,000 $ 103,000
Riley, Kansas 1 $ 150,000 $ 150,000 $ 173,000
Campbell, Kentucky 1 $ 80,000 $ 80,000 $ 29,000
Orleans, Louisiana 1 $ 204,000 $ 204,000 $ 464,000
Anne Arundel, Maryland 1 $ 363,000 $ 363,000 $ 157,000
Barnstable, Massachusetts 1 $ 248,000 $ 248,000 $ 149,000
Bristol, Massachusetts 1 $ 165,000 $ 165,000 $ 50,000
Hampden, Massachusetts 1 $ 161,000 $ 161,000 $ 59,000
Clinton, Michigan 1 $ 231,000 $ 231,000 $ 149,000
Ingham, Michigan 1 $ 178,000 $ 178,000 $ 59,000
Wayne, Michigan 1 $ 68,000 $ 68,000 $ 64,000
Hennepin, Minnesota 1 $ 769,000 $ 769,000 $ 348,000
Pontotoc, Mississippi 1 $ 126,000 $ 126,000 $ 30,000
Rankin, Mississippi 1 $ 144,000 $ 144,000 $ 27,000
Washoe, Nevada 1 $ 328,000 $ 328,000 $ 254,000
Merrimack, New Hampshire 1 $ 384,000 $ 384,000 $ 257,000
Gloucester, New Jersey 1 $ 300,000 $ 300,000 $ 143,000
Middlesex, New Jersey 1 $ 180,000 $ 180,000 $ 67,000
Somerset, New Jersey 1 $ 276,000 $ 276,000 $ 189,000
Dona Ana, New Mexico 1 $ 185,000 $ 185,000 $ 127,000
Kings, New York 1 $ 534,000 $ 534,000 $ 46,000
Rockland, New York 1 $ 315,000 $ 315,000 $ 121,000
Cleveland, North Carolina 1 $ 272,000 $ 272,000 $ 114,000
Union, North Carolina 1 $ 70,000 $ 70,000 $ 122,000
Comanche, Oklahoma 1 $ 85,000 $ 85,000 $ 156,000
Oklahoma, Oklahoma 1 $ 42,000 $ 42,000 $ 338,000
Tulsa, Oklahoma 1 $ 74,000 $ 74,000 $ 107,000
Deschutes, Oregon 1 $ 417,000 $ 417,000 $ 175,000
Multnomah, Oregon 1 $ 170,000 $ 170,000 $ 64,000
Washington, Oregon 1 $ 268,000 $ 268,000 $ 132,000
Dauphin, Pennsylvania 1 $ 630,000 $ 630,000 $ 476,000
Montgomery, Pennsylvania 1 $ 391,000 $ 391,000 $ 189,000
Horry, South Carolina 1 $ 90,000 $ 90,000 $ 29,000
Richland, South Carolina 1 $ 158,000 $ 158,000 $ 61,000
Denton, Texas 1 $ 155,000 $ 155,000 $ 123,000
Midland, Texas 1 $ 120,000 $ 120,000 $ 47,000
Swisher, Texas 1 $ 119,000 $ 119,000 $ 142,000
Summit, Utah 1 $ 412,000 $ 412,000 $ 174,000
Bennington, Vermont 1 $ 101,000 $ 101,000 $ 1,724,000
Pierce, Washington 1 $ 506,000 $ 506,000 $ 162,000
Snohomish, Washington 1 $ 342,000 $ 342,000 $ 127,000
Spokane, Washington 1 $ 107,000 $ 107,000 $ 87,000
Thurston, Washington 1 $ 170,000 $ 170,000 $ 54,000

Mortgage Loan Application Detail Totals for Bank of Manhattan in 2013

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 1,450 $796,028,000 $548,000 $5,000,000 $238,000 $6,930,000
Home Purchase 928 $525,129,000 $565,000 $10,000,000 $230,000 $7,567,000
Home Improvement 21 $8,310,000 $395,000 $975,000 $113,000 $303,000

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 1,812 $1,054,240,000 $581,000 $10,000,000 $234,000 $4,975,000
Asian 273 $119,296,000 $436,000 $2,160,000 $166,000 $1,822,000
Not Provided 166 $89,222,000 $537,000 $2,232,000 $244,000 $1,562,000
Hispanic 98 $33,606,000 $342,000 $2,135,000 $123,000 $1,841,000
Black or African American 30 $19,461,000 $648,000 $3,000,000 $959,000 $7,567,000
Not applicable 9 $6,500,000 $722,000 $4,000,000 $1,022,000 $4,600,000
Native Hawaiian or Other Pacific Islander 8 $5,711,000 $713,000 $1,200,000 $124,000 $262,000
American Indian or Alaskan Native 3 $1,431,000 $477,000 $560,000 $156,000 $182,000

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) 2,324 $1,299,719,000 $559,000 $10,000,000 $238,000 $7,567,000
FHA-insured (Federal Housing Administration) 70 $27,693,000 $395,000 $730,000 $105,000 $281,000
VA-guaranteed (Veterans Administration) 5 $2,055,000 $411,000 $555,000 $91,000 $161,000
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 1,495 $813,175,000 $543,000 $4,070,000 $239,000 $7,567,000
Application Withdrawn By Applicant 341 $238,805,000 $700,000 $10,000,000 $261,000 $3,250,000
Loan Purchased By The Institution 226 $50,766,000 $224,000 $4,000,000 $154,000 $4,600,000
Application Denied By Financial Institution 181 $123,638,000 $683,000 $5,000,000 $212,000 $1,153,000
Application Approved But Not Accepted 112 $67,858,000 $605,000 $2,135,000 $250,000 $1,841,000
File Closed For Incompleteness 44 $35,225,000 $800,000 $3,500,000 $342,000 $2,089,000
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
Collateral 57 $34,087,000 $598,000 $2,000,000 $228,000 $865,000
Debt-To-Income Ratio 56 $42,829,000 $764,000 $5,000,000 $173,000 $966,000
Credit History 28 $20,590,000 $735,000 $1,750,000 $244,000 $849,000
Other 27 $17,313,000 $641,000 $1,912,000 $240,000 $1,153,000
Insufficient Cash (Downpayment, Closing Cost) 7 $6,001,000 $857,000 $1,960,000 $205,000 $411,000
Employment History 4 $2,312,000 $578,000 $1,070,000 $222,000 $487,000
Unverifiable Information 2 $506,000 $253,000 $386,000 $50,000 $67,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Bank of Manhattan's 2013 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.
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