Bnb Financial Inc Mortgage Lending & HMDA Data, 2018

In 2018, Bnb Financial Inc of Glendale, CA reported 98 mortgage applications totaling $44.4 million, down 39% from 2017. The average application was for $453,265, and applicants reported an average income of $137,663. 81% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (70), Anaheim-Santa Ana-Irvine, CA (9) and Riverside-San Bernardino-Ontario, CA (6) (applications in parentheses).

Mortgage Company & Address Bnb Financial Inc
700 N Brand Blvd Suite 800
Glendale, CA 91203
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  
Total Number of Mortgage Applications 98
Total Mortgage Loan Application Amount $44,420,000
Average Mortgage Loan Application Amount $453,265
Highest Mortgage Loan Application Amount $675,000
Average Applicant Income $137,663
Highest Applicant Income $504,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Bnb Financial Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Bnb Financial Inc in 2018

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 57 $25,815,000 $452,000 $675,000 $139,000 $504,000
Cash-out Refinancing 24 $11,010,000 $458,000 $665,000 $130,000 $216,000
Refinancing 17 $7,595,000 $446,000 $615,000 $144,000 $293,000
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 62 $28,510,000 $459,000 $675,000 $138,000 $355,000
White 18 $8,080,000 $448,000 $645,000 $134,000 $293,000
Hispanic 13 $5,095,000 $391,000 $575,000 $104,000 $200,000
Native Hawaiian or Other Pacific Islander 3 $1,605,000 $535,000 $575,000 $148,000 $185,000
Black or African American 1 $575,000 $575,000 $575,000 $504,000 $504,000
American Indian or Alaskan Native 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) 79 $35,735,000 $452,000 $675,000 $143,000 $504,000
FHA-insured (Federal Housing Administration) 15 $6,775,000 $451,000 $635,000 $122,000 $229,000
VA-guaranteed (Veterans Administration) 4 $1,910,000 $477,000 $665,000 $92,000 $158,000
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 79 $35,235,000 $446,000 $665,000 $138,000 $504,000
Application Approved But Not Accepted 15 $7,495,000 $499,000 $675,000 $150,000 $293,000
Application Withdrawn By Applicant 3 $1,235,000 $411,000 $495,000 $66,000 $95,000
File Closed For Incompleteness 1 $455,000 $455,000 $455,000 $141,000 $141,000
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 98 $44,420,000 $453,000 $675,000 $138,000 $504,000
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 Bnb Financial Inc's 2018 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 Bnb Financial Inc'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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