Bankers Xpress LLC Mortgage Lending & HMDA Data, 2020

In 2020, Bankers Xpress LLC of Woodland Hills, CA reported 58 mortgage applications totaling $22.5 million, down 63% from 2019. The average application was for $388,103, and applicants reported an average income of $96,896. 24% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Anaheim-Santa Ana-Irvine, CA (20), Los Angeles-Long Beach-Glendale, CA (18) and Riverside-San Bernardino-Ontario, CA (8) (applications in parentheses).

Mortgage Company & Address Bankers Xpress LLC
20750 Ventura Blvd., Ste 430
Woodland Hills, CA 91364
Tel #: available with data download
Federal Regulator * available with data download
Years 2020  2019  2018  2017  2016  2015  2014  
Total Number of Mortgage Applications 58
Total Mortgage Loan Application Amount $22,510,000
Average Mortgage Loan Application Amount $388,103
Highest Mortgage Loan Application Amount $845,000
Average Applicant Income $96,896
Highest Applicant Income $253,000

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Act (HMDA) records Bankers Xpress LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for Bankers Xpress LLC in 2020

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 26 $11,520,000 $443,000 $845,000 $106,000 $253,000
Cash-out Refinancing 16 $5,450,000 $340,000 $505,000 $96,000 $176,000
Refinancing 16 $5,540,000 $346,000 $705,000 $83,000 $204,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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
Asian 34 $12,710,000 $373,000 $845,000 $89,000 $182,000
Hispanic 15 $5,895,000 $393,000 $605,000 $91,000 $176,000
White 5 $2,575,000 $515,000 $705,000 $161,000 $253,000
Black or African American 3 $1,015,000 $338,000 $545,000 $78,000 $110,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Not Provided 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) 46 $17,030,000 $370,000 $845,000 $100,000 $253,000
FHA-insured (Federal Housing Administration) 12 $5,480,000 $456,000 $605,000 $87,000 $144,000
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
File Closed For Incompleteness 20 $7,760,000 $388,000 $705,000 $108,000 $253,000
Loan Originated 14 $5,270,000 $376,000 $525,000 $80,000 $134,000
Application Withdrawn By Applicant 13 $5,595,000 $430,000 $655,000 $112,000 $203,000
Application Approved But Not Accepted 11 $3,885,000 $353,000 $845,000 $81,000 $175,000
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $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 58 $22,510,000 $388,000 $845,000 $97,000 $253,000
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Bankers Xpress LLC's 2020 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 Bankers Xpress LLC'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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