Bank of the West Mortgage Lending & HMDA Data, 2022

In 2022, Bank of the West of San Francisco, CA reported 24,757 mortgage applications totaling $9.8 billion, down 17% from 2021. The average application was for $394,684, and applicants reported an average income of $225,715. 57% of its applications resulted in an originated loan and 29% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (4,701), Oakland-Hayward-Berkeley, CA (1,969) and Anaheim-Santa Ana-Irvine, CA (1,361) (applications in parentheses).

Mortgage Company & Address Bank of the West
180 Montgomery Street
San Francisco, CA 94104
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 24,757
Total Mortgage Loan Application Amount $9,771,215,000
Average Mortgage Loan Application Amount $394,684
Highest Mortgage Loan Application Amount $15,685,000
Average Applicant Income $225,715
Highest Applicant Income $8,986,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Bank of the West filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 the West by Metropolitan Area in 2022

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 4,701 $ 2,417,315,000 $ 514,212 $ 283,000
Oakland-Hayward-Berkeley, CA 1,969 $ 947,545,000 $ 481,231 $ 244,000
Outside any metro area 1,910 $ 449,990,000 $ 235,596 $ 135,566
Anaheim-Santa Ana-Irvine, CA 1,361 $ 728,585,000 $ 535,330 $ 313,000
San Jose-Sunnyvale-Santa Clara, CA 1,356 $ 946,420,000 $ 697,949 $ 291,000
Denver-Aurora-Lakewood, CO 1,245 $ 418,195,000 $ 335,899 $ 181,000
Riverside-San Bernardino-Ontario, CA 1,060 $ 327,450,000 $ 308,915 $ 232,000
Sacramento--Roseville--Arden-Arcade, CA 787 $ 229,595,000 $ 291,734 $ 210,000
San Francisco-Redwood City-South San Francisco, CA 768 $ 570,230,000 $ 742,486 $ 307,000
Stockton-Lodi, CA 638 $ 148,190,000 $ 232,272 $ 159,000
Phoenix-Mesa-Scottsdale, AZ 470 $ 128,620,000 $ 273,659 $ 181,000
Modesto, CA 457 $ 105,875,000 $ 231,673 $ 137,000
Las Vegas-Henderson-Paradise, NV 433 $ 128,135,000 $ 295,923 $ 233,000
Portland-Vancouver-Hillsboro, OR-WA 409 $ 130,425,000 $ 318,887 $ 174,361
Albuquerque, NM 404 $ 65,380,000 $ 161,831 $ 97,000
San Diego-Carlsbad, CA 360 $ 184,520,000 $ 512,555 $ 271,000
Omaha-Council Bluffs, NE-IA 352 $ 50,070,000 $ 142,244 $ 127,306
Kansas City, MO-KS 339 $ 70,435,000 $ 207,772 $ 127,079
Santa Rosa, CA 326 $ 124,410,000 $ 381,625 $ 202,000
Fresno, CA 300 $ 75,970,000 $ 253,233 $ 127,000
Oxnard-Thousand Oaks-Ventura, CA 281 $ 116,365,000 $ 414,110 $ 243,000
Tucson, AZ 273 $ 50,315,000 $ 184,304 $ 128,000
Vallejo-Fairfield, CA 236 $ 61,360,000 $ 260,000 $ 199,000
Boise City, ID 235 $ 58,575,000 $ 249,255 $ 161,000
Des Moines-West Des Moines, IA 232 $ 35,300,000 $ 152,155 $ 109,000
Santa Cruz-Watsonville, CA 205 $ 78,745,000 $ 384,121 $ 193,000
Santa Maria-Santa Barbara, CA 175 $ 109,815,000 $ 627,514 $ 378,000
Bakersfield, CA 172 $ 31,490,000 $ 183,081 $ 128,000
Wichita, KS 155 $ 15,835,000 $ 102,161 $ 72,000
Visalia-Porterville, CA 145 $ 25,305,000 $ 174,517 $ 128,000
San Rafael, CA 129 $ 90,015,000 $ 697,790 $ 331,000
Boulder, CO 123 $ 43,005,000 $ 349,634 $ 261,000
Seattle-Bellevue-Everett, WA 122 $ 58,070,000 $ 475,983 $ 216,000
Houston-The Woodlands-Sugar Land, TX 120 $ 28,580,000 $ 238,166 $ 0
Reno, NV 120 $ 40,410,000 $ 336,750 $ 192,000
Salinas, CA 118 $ 58,650,000 $ 497,033 $ 242,000
Oklahoma City, OK 106 $ 54,760,000 $ 516,603 $ 116,000
Napa, CA 97 $ 43,975,000 $ 453,350 $ 283,000
Salt Lake City, UT 94 $ 64,420,000 $ 685,319 $ 289,000
Greeley, CO 92 $ 18,860,000 $ 205,000 $ 127,000
Dallas-Plano-Irving, TX 89 $ 22,225,000 $ 249,719 $ 0
Merced, CA 84 $ 19,780,000 $ 235,476 $ 123,000
Las Cruces, NM 80 $ 10,860,000 $ 135,750 $ 86,000
Chico, CA 78 $ 15,290,000 $ 196,025 $ 177,000
Hanford-Corcoran, CA 73 $ 11,955,000 $ 163,767 $ 95,000
Fort Collins, CO 72 $ 14,850,000 $ 206,250 $ 114,000
San Antonio-New Braunfels, TX 67 $ 11,755,000 $ 175,447 $ 0
Cheyenne, WY 63 $ 7,915,000 $ 125,634 $ 93,000
Grand Junction, CO 61 $ 8,745,000 $ 143,360 $ 78,000
Cedar Rapids, IA 52 $ 4,670,000 $ 89,807 $ 70,000
Lincoln, NE 51 $ 5,475,000 $ 107,352 $ 80,000
Tulsa, OK 51 $ 6,155,000 $ 120,686 $ 82,000
Fort Worth-Arlington, TX 48 $ 10,300,000 $ 214,583 $ 0
Tacoma-Lakewood, WA 45 $ 18,255,000 $ 405,666 $ 218,000
Minneapolis-St. Paul-Bloomington, MN-WI 43 $ 11,475,000 $ 266,860 $ 163,000
San Luis Obispo-Paso Robles-Arroyo Grande, CA 42 $ 27,140,000 $ 646,190 $ 268,000
Ogden-Clearfield, UT 39 $ 10,935,000 $ 280,384 $ 151,000
Ames, IA 36 $ 3,330,000 $ 92,500 $ 79,000
Colorado Springs, CO 36 $ 9,310,000 $ 258,611 $ 157,000
Kennewick-Richland, WA 32 $ 5,420,000 $ 169,375 $ 87,000
Austin-Round Rock, TX 29 $ 9,535,000 $ 328,793 $ 0
Prescott Valley-Prescott, AZ 29 $ 8,165,000 $ 281,551 $ 126,000
Madera, CA 27 $ 7,545,000 $ 279,444 $ 142,000
Jacksonville, FL 26 $ 5,020,000 $ 193,076 $ 0
Salem, OR 23 $ 10,725,000 $ 466,304 $ 148,000
Yuba City, CA 23 $ 5,675,000 $ 246,739 $ 99,000
Flagstaff, AZ 22 $ 5,730,000 $ 260,454 $ 169,000
Grand Island, NE 22 $ 2,330,000 $ 105,909 $ 97,000
St. Louis, MO-IL 22 $ 3,270,000 $ 148,636 $ 120,000
Tampa-St. Petersburg-Clearwater, FL 21 $ 6,425,000 $ 305,952 $ 0
Orlando-Kissimmee-Sanford, FL 20 $ 4,730,000 $ 236,500 $ 0
Enid, OK 18 $ 1,390,000 $ 77,222 $ 54,000
Pueblo, CO 18 $ 2,540,000 $ 141,111 $ 105,000
Santa Fe, NM 18 $ 4,730,000 $ 262,777 $ 332,000
Fargo, ND-MN 16 $ 2,530,000 $ 158,125 $ 122,125
Iowa City, IA 16 $ 1,360,000 $ 85,000 $ 72,000
Nashville-Davidson--Murfreesboro--Franklin, TN 16 $ 3,870,000 $ 241,875 $ 0
New York-Jersey City-White Plains, NY-NJ 16 $ 3,400,000 $ 212,500 $ 80,000
Bend-Redmond, OR 15 $ 6,785,000 $ 452,333 $ 288,000
Clarksville, TN-KY 15 $ 2,845,000 $ 189,666 $ 0
Lake Havasu City-Kingman, AZ 15 $ 5,675,000 $ 378,333 $ 188,000
Carson City, NV 14 $ 4,190,000 $ 299,285 $ 91,000
Spokane-Spokane Valley, WA 14 $ 3,650,000 $ 260,714 $ 184,000
Provo-Orem, UT 13 $ 4,395,000 $ 338,076 $ 214,000
Chicago-Naperville, IL 12 $ 9,860,000 $ 821,666 $ 0
Sioux Falls, SD 12 $ 1,850,000 $ 154,166 $ 131,000
Eugene, OR 11 $ 4,025,000 $ 365,909 $ 247,000
Yakima, WA 11 $ 2,315,000 $ 210,454 $ 60,000
La Crosse-Onalaska, WI-MN 10 $ 1,110,000 $ 111,000 $ 112,000
Milwaukee-Waukesha-West Allis, WI 10 $ 8,130,000 $ 813,000 $ 1,483,000
Sioux City, IA-NE-SD 9 $ 1,105,000 $ 122,777 $ 94,444
Coeur D'Alene, ID 8 $ 3,560,000 $ 445,000 $ 398,000
Deltona-Daytona Beach-Ormond Beach, FL 8 $ 1,510,000 $ 188,750 $ 0
North Port-Sarasota-Bradenton, FL 8 $ 2,160,000 $ 270,000 $ 0
Rochester, MN 8 $ 830,000 $ 103,750 $ 86,000
Albany, OR 7 $ 1,105,000 $ 157,857 $ 107,000
Casper, WY 7 $ 715,000 $ 102,142 $ 81,000
Redding, CA 7 $ 1,305,000 $ 186,428 $ 106,000
Chattanooga, TN-GA 6 $ 1,060,000 $ 176,666 $ 0
Grants Pass, OR 6 $ 900,000 $ 150,000 $ 108,000
Idaho Falls, ID 6 $ 900,000 $ 150,000 $ 41,000
Medford, OR 6 $ 1,560,000 $ 260,000 $ 147,000
Anchorage, AK 5 $ 2,885,000 $ 577,000 $ 0
Longview, WA 5 $ 3,345,000 $ 669,000 $ 99,000
Mount Vernon-Anacortes, WA 5 $ 2,745,000 $ 549,000 $ 358,000
Springfield, MO 5 $ 535,000 $ 107,000 $ 49,000
St. George, UT 5 $ 1,745,000 $ 349,000 $ 279,000
Bellingham, WA 4 $ 1,980,000 $ 495,000 $ 302,000
Bremerton-Silverdale, WA 4 $ 1,480,000 $ 370,000 $ 333,000
Cleveland, TN 4 $ 530,000 $ 132,500 $ 0
Sierra Vista-Douglas, AZ 4 $ 640,000 $ 160,000 $ 277,000
Charleston-North Charleston, SC 3 $ 885,000 $ 295,000 $ 0
Corvallis, OR 3 $ 1,395,000 $ 465,000 $ 95,000
Davenport-Moline-Rock Island, IA-IL 3 $ 575,000 $ 191,666 $ 52,666
Duluth, MN-WI 3 $ 545,000 $ 181,666 $ 44,333
Mobile, AL 3 $ 2,175,000 $ 725,000 $ 0
Olympia-Tumwater, WA 3 $ 325,000 $ 108,333 $ 143,000
Topeka, KS 3 $ 375,000 $ 125,000 $ 61,000
Appleton, WI 2 $ 310,000 $ 155,000 $ 88,000
Atlanta-Sandy Springs-Roswell, GA 2 $ 350,000 $ 175,000 $ 0
Charlotte-Concord-Gastonia, NC-SC 2 $ 320,000 $ 160,000 $ 0
Cleveland-Elyria, OH 2 $ 1,320,000 $ 660,000 $ 0
Dayton-Springfield-Kettering, OH 2 $ 960,000 $ 480,000 $ 0
El Centro, CA 2 $ 630,000 $ 315,000 $ 1,010,000
Fort Smith, AR-OK 2 $ 330,000 $ 165,000 $ 59,000
Lake County-Kenosha County, IL-WI 2 $ 410,000 $ 205,000 $ 0
Lawrence, KS 2 $ 710,000 $ 355,000 $ 213,000
Logan, UT-ID 2 $ 650,000 $ 325,000 $ 0
Memphis, TN-MS-AR 2 $ 2,070,000 $ 1,035,000 $ 0
Pocatello, ID 2 $ 140,000 $ 70,000 $ 61,000
St. Cloud, MN 2 $ 290,000 $ 145,000 $ 128,000
St. Joseph, MO-KS 2 $ 180,000 $ 90,000 $ 44,000
Twin Falls, ID 2 $ 380,000 $ 190,000 $ 0
Walla Walla, WA 2 $ 620,000 $ 310,000 $ 164,000
Youngstown-Warren-Boardman, OH-PA 2 $ 430,000 $ 215,000 $ 0
Yuma, AZ 2 $ 150,000 $ 75,000 $ 138,000
Birmingham-Hoover, AL 1 $ 1,605,000 $ 1,605,000 $ 0
Bismarck, ND 1 $ 335,000 $ 335,000 $ 120,000
Champaign-Urbana, IL 1 $ 575,000 $ 575,000 $ 0
Cincinnati, OH-KY-IN 1 $ 2,385,000 $ 2,385,000 $ 0
Columbia, SC 1 $ 185,000 $ 185,000 $ 0
Columbus, OH 1 $ 765,000 $ 765,000 $ 0
Eau Claire, WI 1 $ 155,000 $ 155,000 $ 53,000
El Paso, TX 1 $ 135,000 $ 135,000 $ 0
Grand Forks, ND-MN 1 $ 65,000 $ 65,000 $ 43,000
Greenville-Anderson-Mauldin, SC 1 $ 245,000 $ 245,000 $ 0
Hartford-West Hartford-East Hartford, CT 1 $ 25,000 $ 25,000 $ 99,000
Johnson City, TN 1 $ 475,000 $ 475,000 $ 0
Joplin, MO 1 $ 105,000 $ 105,000 $ 43,000
Lakeland-Winter Haven, FL 1 $ 195,000 $ 195,000 $ 0
Lewiston, ID-WA 1 $ 105,000 $ 105,000 $ 201,000
Longview, TX 1 $ 2,105,000 $ 2,105,000 $ 0
Madison, WI 1 $ 245,000 $ 245,000 $ 51,000
Mankato-North Mankato, MN 1 $ 275,000 $ 275,000 $ 104,000
Pittsburgh, PA 1 $ 165,000 $ 165,000 $ 0
Savannah, GA 1 $ 185,000 $ 185,000 $ 0
Sheboygan, WI 1 $ 215,000 $ 215,000 $ 59,000
Wenatchee, WA 1 $ 705,000 $ 705,000 $ 71,000

Mortgage Loan Application Detail Totals for Bank of the West in 2022

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
Other Purpose 6,903 $1,854,695,000 $268,000 $3,905,000 $211,000 $6,416,000
Home Purchase 5,925 $3,525,655,000 $595,000 $10,205,000 $281,000 $4,864,000
Home Improvement 4,884 $978,990,000 $200,000 $2,005,000 $188,000 $8,118,000
Refinancing 4,286 $1,988,010,000 $463,000 $15,685,000 $253,000 $8,986,000
Cash-out Refinancing 2,741 $1,422,035,000 $518,000 $6,005,000 $169,000 $4,793,000
Not Applicable 18 $1,830,000 $101,000 $255,000 $44,000 $113,000

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 11,281 $4,304,365,000 $381,000 $15,685,000 $215,000 $8,118,000
Not Provided 3,754 $1,721,860,000 $458,000 $6,505,000 $280,000 $8,986,000
Asian 3,658 $1,860,560,000 $508,000 $5,505,000 $255,000 $4,800,000
Not applicable 2,640 $940,320,000 $356,000 $14,005,000 $85,000 $633,000
Hispanic 2,472 $577,360,000 $233,000 $2,705,000 $141,000 $2,038,000
Black or African American 406 $110,460,000 $272,000 $2,595,000 $171,000 $3,234,000
American Indian or Alaskan Native 123 $26,585,000 $216,000 $2,505,000 $154,000 $2,093,000
Native Hawaiian or Other Pacific Islander 44 $13,390,000 $304,000 $3,005,000 $164,000 $969,000

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) 24,358 $9,687,280,000 $397,000 $15,685,000 $224,000 $8,986,000
FHA-insured (Federal Housing Administration) 357 $73,685,000 $206,000 $945,000 $68,000 $257,000
VA-guaranteed (Veterans Administration) 38 $9,780,000 $257,000 $815,000 $69,000 $181,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 4 $470,000 $117,000 $175,000 $62,000 $92,000

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 14,077 $5,737,815,000 $407,000 $15,685,000 $255,000 $8,986,000
Application Denied By Financial Institution 7,233 $2,527,215,000 $349,000 $10,205,000 $177,000 $8,118,000
Application Withdrawn By Applicant 2,738 $1,296,330,000 $473,000 $8,505,000 $213,000 $3,684,000
Loan Purchased By The Institution 569 $135,635,000 $238,000 $785,000 $85,000 $633,000
Application Approved But Not Accepted 138 $73,540,000 $532,000 $8,005,000 $207,000 $1,047,000
File Closed For Incompleteness 2 $680,000 $340,000 $525,000 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0

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
Not applicable 17,524 $7,244,000,000 $413,000 $15,685,000 $241,000 $8,986,000
Debt-To-Income Ratio 2,887 $989,305,000 $342,000 $10,205,000 $98,000 $1,348,000
Credit Application Incomplete 2,648 $1,019,950,000 $385,000 $6,275,000 $231,000 $8,118,000
Collateral 544 $207,960,000 $382,000 $6,205,000 $252,000 $3,184,000
Other 512 $130,890,000 $255,000 $3,005,000 $203,000 $2,192,000
Unverifiable Information 382 $114,920,000 $300,000 $4,335,000 $257,000 $1,754,000
Credit History 209 $45,615,000 $218,000 $2,955,000 $119,000 $792,000
Insufficient Cash (Downpayment, Closing Cost) 31 $15,625,000 $504,000 $3,715,000 $154,000 $969,000
Employment History 19 $2,505,000 $131,000 $375,000 $112,000 $187,000
Mortgage Insurance Denied 1 $445,000 $445,000 $445,000 $179,000 $179,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Bank of the West's 2022 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 the West'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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