Bristol Financial Group, Inc. Mortgage Lending & HMDA Data, 2007

In 2007, Bristol Financial Group, Inc. of Bellflower, CA reported 6 mortgage applications totaling $2.1 million, down 99% from 2006. The average application was for $358,166, and applicants reported an average income of $67,000. 0% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (3), Riverside-San Bernardino-Ontario, CA (2) and Santa Ana-Anaheim-Irvine, CA (1) (applications in parentheses).

Mortgage Company & Address Bristol Financial Group, Inc.
16911 Bellflower Blvd
Bellflower, CA 90706
Tel #: available with data download
Federal Regulator * available with data download
Years 2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 6
Total Mortgage Loan Application Amount $2,149,000
Average Mortgage Loan Application Amount $358,166
Highest Mortgage Loan Application Amount $412,000
Average Applicant Income $67,000
Highest Applicant Income $92,000

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records Bristol Financial Group, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Bristol Financial Group, Inc. by Metropolitan Area in 2007

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 3 $ 1,064,000 $ 354,666 $ 72,000
Riverside-San Bernardino-Ontario, CA 2 $ 673,000 $ 336,500 $ 47,000
Santa Ana-Anaheim-Irvine, CA 1 $ 412,000 $ 412,000 $ 92,000

Mortgage Loan Application Detail Totals for Bristol Financial Group, Inc. in 2007

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 6 $2,149,000 $358,000 $412,000 $67,000 $92,000
Refinancing 0 $0 $0 $0 $0 $0
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
Hispanic 2 $721,000 $360,000 $367,000 $64,000 $72,000
American Indian or Alaskan Native 1 $310,000 $310,000 $310,000 $65,000 $65,000
Asian 1 $412,000 $412,000 $412,000 $92,000 $92,000
Black or African American 1 $343,000 $343,000 $343,000 $89,000 $89,000
White 1 $363,000 $363,000 $363,000 $29,000 $29,000
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
FHA-insured (Federal Housing Administration) 5 $1,737,000 $347,000 $367,000 $62,000 $89,000
VA-guaranteed (Veterans Administration) 1 $412,000 $412,000 $412,000 $92,000 $92,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 0 $0 $0 $0 $0 $0
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
Application Withdrawn By Applicant 6 $2,149,000 $358,000 $412,000 $67,000 $92,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Loan Originated 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
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application 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 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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Bristol Financial Group, Inc.'s 2007 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 Bristol Financial Group, 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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