Cathay Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2023
Cathay Bank 2023 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| Mortgage Company & Address | Cathay Bank 9650 Flair Drive Los Angeles, CA 91731 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 | 3,110 |
| Total Mortgage Loan Application Amount | $2,440,580,000 |
| Average Mortgage Loan Application Amount | $1,011,400 |
| Highest Mortgage Loan Application Amount | $48,505,000 |
| Average Applicant Income | $112,400 |
| Highest Applicant Income | $7,200,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2023 with Cathay Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Cathay Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2023 breaks down Cathay Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Cathay Bank serves its applicants.
Each category highlights the total number of mortgage applications processed by Cathay Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Cathay Bank's mortgage activity for 2023.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Queens County New York | 493 | $ 361,345,000 | $ 732,000 | $ 166,000 |
| Los Angeles County California | 458 | $ 534,710,000 | $ 1,167,000 | $ 203,000 |
| Nassau County New York | 293 | $ 165,875,000 | $ 566,000 | $ 175,000 |
| Kings County New York | 243 | $ 257,845,000 | $ 1,061,000 | $ 167,000 |
| Orange County California | 223 | $ 221,275,000 | $ 992,000 | $ 362,000 |
| Richmond County New York | 212 | $ 100,500,000 | $ 474,000 | $ 134,000 |
| San Bernardino County California | 136 | $ 65,340,000 | $ 480,000 | $ 103,000 |
| Suffolk County New York | 81 | $ 33,225,000 | $ 410,000 | $ 145,000 |
| Riverside County California | 78 | $ 37,190,000 | $ 476,000 | $ 126,000 |
| King County Washington | 67 | $ 74,225,000 | $ 1,107,000 | $ 107,000 |
| Clark County Nevada | 64 | $ 27,000,000 | $ 421,000 | $ 62,000 |
| San Diego County California | 57 | $ 46,905,000 | $ 822,000 | $ 216,000 |
| Cook County Illinois | 40 | $ 15,430,000 | $ 385,000 | $ 68,000 |
| Santa Clara County California | 34 | $ 37,180,000 | $ 1,093,000 | $ 261,000 |
| Bergen County New Jersey | 31 | $ 20,755,000 | $ 669,000 | $ 153,000 |
| Bronx County New York | 30 | $ 16,300,000 | $ 543,000 | $ 133,000 |
| Harris County Texas | 29 | $ 24,875,000 | $ 857,000 | $ 72,000 |
| Alameda County California | 26 | $ 18,000,000 | $ 692,000 | $ 0 |
| San Francisco County California | 25 | $ 24,955,000 | $ 998,000 | $ 121,000 |
| Middlesex County New Jersey | 24 | $ 7,500,000 | $ 312,000 | $ 104,000 |
| Collin County Texas | 24 | $ 9,860,000 | $ 410,000 | $ 194,000 |
| Fort Bend County Texas | 24 | $ 8,530,000 | $ 355,000 | $ 78,000 |
| Hudson County New Jersey | 23 | $ 9,475,000 | $ 411,000 | $ 116,000 |
| New York County New York | 22 | $ 26,870,000 | $ 1,221,000 | $ 221,000 |
| Sacramento County California | 21 | $ 8,035,000 | $ 382,000 | $ 87,000 |
| Contra Costa County California | 16 | $ 12,090,000 | $ 755,000 | $ 107,000 |
| Norfolk County Massachusetts | 16 | $ 8,820,000 | $ 551,000 | $ 154,000 |
| Middlesex County Massachusetts | 15 | $ 8,815,000 | $ 587,000 | $ 0 |
| Denton County Texas | 15 | $ 4,565,000 | $ 304,000 | $ 134,000 |
| Union County New Jersey | 14 | $ 5,200,000 | $ 371,000 | $ 142,000 |
| San Mateo County California | 13 | $ 12,375,000 | $ 951,000 | $ 207,000 |
| Westchester County New York | 13 | $ 88,865,000 | $ 6,835,000 | $ 170,000 |
| Snohomish County Washington | 13 | $ 7,775,000 | $ 598,000 | $ 0 |
| Somerset County New Jersey | 11 | $ 4,615,000 | $ 419,000 | $ 121,000 |
| Suffolk County Massachusetts | 10 | $ 5,610,000 | $ 561,000 | $ 0 |
| Monmouth County New Jersey | 10 | $ 4,720,000 | $ 472,000 | $ 0 |
| Erie County New York | 10 | $ 1,970,000 | $ 197,000 | $ 79,000 |
| Orange County New York | 10 | $ 3,560,000 | $ 356,000 | $ 146,000 |
| Montgomery County Texas | 10 | $ 2,020,000 | $ 202,000 | $ 136,000 |
| Brazoria County Texas | 9 | $ 1,325,000 | $ 147,000 | $ 159,000 |
| Essex County New Jersey | 8 | $ 4,060,000 | $ 507,000 | $ 129,000 |
| Tarrant County Texas | 8 | $ 2,160,000 | $ 270,000 | $ 0 |
| Pierce County Washington | 8 | $ 2,730,000 | $ 341,000 | $ 0 |
| Marin County California | 5 | $ 5,115,000 | $ 1,023,000 | $ 0 |
| DuPage County Illinois | 5 | $ 2,105,000 | $ 421,000 | $ 0 |
| Prince George's County Maryland | 5 | $ 1,575,000 | $ 315,000 | $ 117,000 |
| Ocean County New Jersey | 5 | $ 1,375,000 | $ 275,000 | $ 132,000 |
| Dallas County Texas | 5 | $ 4,085,000 | $ 817,000 | $ 71,000 |
| Solano County California | 4 | $ 2,130,000 | $ 532,000 | $ 0 |
| Ventura County California | 4 | $ 2,980,000 | $ 745,000 | $ 0 |
| Champaign County Illinois | 4 | $ 550,000 | $ 137,000 | $ 0 |
| Montgomery County Maryland | 4 | $ 3,090,000 | $ 772,000 | $ 88,000 |
| Essex County Massachusetts | 4 | $ 4,290,000 | $ 1,072,000 | $ 118,000 |
| Worcester County Massachusetts | 4 | $ 1,500,000 | $ 375,000 | $ 100,000 |
| Mercer County New Jersey | 4 | $ 1,920,000 | $ 480,000 | $ 12,000 |
| Morris County New Jersey | 4 | $ 1,560,000 | $ 390,000 | $ 126,000 |
| Travis County Texas | 4 | $ 3,250,000 | $ 812,000 | $ 518,000 |
| Yolo County California | 3 | $ 1,135,000 | $ 378,000 | $ 0 |
| Will County Illinois | 3 | $ 735,000 | $ 245,000 | $ 0 |
| Camden County New Jersey | 3 | $ 755,000 | $ 251,000 | $ 140,000 |
| Rockland County New York | 3 | $ 1,405,000 | $ 468,000 | $ 0 |
| Ulster County New York | 3 | $ 595,000 | $ 198,000 | $ 86,000 |
| Bell County Texas | 3 | $ 715,000 | $ 238,000 | $ 0 |
| Bexar County Texas | 3 | $ 865,000 | $ 288,000 | $ 0 |
| Ellis County Texas | 3 | $ 745,000 | $ 248,000 | $ 0 |
| Kern County California | 2 | $ 1,220,000 | $ 610,000 | $ 3,633,000 |
| Placer County California | 2 | $ 860,000 | $ 430,000 | $ 0 |
| San Joaquin County California | 2 | $ 1,110,000 | $ 555,000 | $ 151,000 |
| Santa Barbara County California | 2 | $ 1,240,000 | $ 620,000 | $ 0 |
| McHenry County Illinois | 2 | $ 1,030,000 | $ 515,000 | $ 0 |
| Howard County Maryland | 2 | $ 1,120,000 | $ 560,000 | $ 94,000 |
| Atlantic County New Jersey | 2 | $ 570,000 | $ 285,000 | $ 0 |
| Passaic County New Jersey | 2 | $ 1,090,000 | $ 545,000 | $ 114,000 |
| Sussex County New Jersey | 2 | $ 470,000 | $ 235,000 | $ 0 |
| Onondaga County New York | 2 | $ 640,000 | $ 320,000 | $ 114,000 |
| Rensselaer County New York | 2 | $ 270,000 | $ 135,000 | $ 46,000 |
| Tompkins County New York | 2 | $ 620,000 | $ 310,000 | $ 192,000 |
| Grayson County Texas | 2 | $ 420,000 | $ 210,000 | $ 0 |
| Kaufman County Texas | 2 | $ 17,010,000 | $ 8,505,000 | $ 0 |
| Waller County Texas | 2 | $ 24,300,000 | $ 12,150,000 | $ 0 |
| Island County Washington | 2 | $ 600,000 | $ 300,000 | $ 0 |
| Mariposa County California | 1 | $ 325,000 | $ 325,000 | $ 0 |
| Mendocino County California | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Merced County California | 1 | $ 785,000 | $ 785,000 | $ 0 |
| Santa Cruz County California | 1 | $ 655,000 | $ 655,000 | $ 340,000 |
| Sonoma County California | 1 | $ 1,005,000 | $ 1,005,000 | $ 0 |
| Stanislaus County California | 1 | $ 465,000 | $ 465,000 | $ 162,000 |
| Lake County Illinois | 1 | $ 115,000 | $ 115,000 | $ 0 |
| Frederick County Maryland | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Worcester County Maryland | 1 | $ 395,000 | $ 395,000 | $ 0 |
| Barnstable County Massachusetts | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Hampden County Massachusetts | 1 | $ 1,695,000 | $ 1,695,000 | $ 0 |
| Washoe County Nevada | 1 | $ 305,000 | $ 305,000 | $ 0 |
| Burlington County New Jersey | 1 | $ 305,000 | $ 305,000 | $ 138,000 |
| Cape May County New Jersey | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Albany County New York | 1 | $ 115,000 | $ 115,000 | $ 78,000 |
| Broome County New York | 1 | $ 245,000 | $ 245,000 | $ 78,000 |
| Cayuga County New York | 1 | $ 105,000 | $ 105,000 | $ 30,000 |
| Dutchess County New York | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Monroe County New York | 1 | $ 225,000 | $ 225,000 | $ 0 |
| Schoharie County New York | 1 | $ 415,000 | $ 415,000 | $ 84,000 |
| Philadelphia County Pennsylvania | 1 | $ 285,000 | $ 285,000 | $ 177,000 |
| Bristol County Rhode Island | 1 | $ 265,000 | $ 265,000 | $ 0 |
| Providence County Rhode Island | 1 | $ 705,000 | $ 705,000 | $ 0 |
| Rockwall County Texas | 1 | $ 445,000 | $ 445,000 | $ 0 |
| Kitsap County Washington | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Thurston County Washington | 1 | $ 485,000 | $ 485,000 | $ 0 |
Mortgage Loan Application Detail Totals for Cathay Bank in 2023
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 | 2,731 | $1,695,735,000 | $620,000 | $28,005,000 | $163,000 | $7,200,000 |
| Refinancing | 235 | $502,395,000 | $2,137,000 | $48,505,000 | $162,000 | $510,000 |
| Cash-out Refinancing | 132 | $238,460,000 | $1,806,000 | $27,445,000 | $147,000 | $168,000 |
| Home Improvement | 11 | $3,845,000 | $349,000 | $1,075,000 | $0 | $0 |
| Other Purpose | 1 | $145,000 | $145,000 | $145,000 | $90,000 | $90,000 |
| Not Applicable | 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 |
|---|---|---|---|---|---|---|
| Not Provided | 346 | $218,970,000 | $632,000 | $2,505,000 | $199,000 | $7,200,000 |
| Not applicable | 267 | $762,445,000 | $2,855,000 | $48,505,000 | $0 | $0 |
| Asian | 211 | $120,085,000 | $569,000 | $1,705,000 | $151,000 | $936,000 |
| White | 91 | $53,485,000 | $587,000 | $2,505,000 | $77,000 | $310,000 |
| Hispanic | 20 | $7,980,000 | $399,000 | $685,000 | $79,000 | $113,000 |
| Black or African American | 7 | $3,245,000 | $463,000 | $965,000 | $103,000 | $129,000 |
| American Indian or Alaskan Native | 1 | $405,000 | $405,000 | $405,000 | $0 | $0 |
| Native Hawaiian or Other Pacific Islander | 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) | 3,110 | $2,440,580,000 | $784,000 | $48,505,000 | $163,000 | $7,200,000 |
| FHA-insured (Federal Housing Administration) | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Loan Originated | 2,222 | $1,895,880,000 | $853,000 | $48,505,000 | $157,000 | $3,684,000 |
| Application Withdrawn By Applicant | 305 | $189,715,000 | $622,000 | $2,505,000 | $263,000 | $7,200,000 |
| Application Denied By Financial Institution | 254 | $170,090,000 | $669,000 | $2,505,000 | $142,000 | $495,000 |
| File Closed For Incompleteness | 209 | $131,875,000 | $630,000 | $2,505,000 | $182,000 | $1,440,000 |
| Application Approved But Not Accepted | 74 | $43,480,000 | $587,000 | $1,615,000 | $197,000 | $448,000 |
| Loan Purchased By The Institution | 46 | $9,540,000 | $207,000 | $415,000 | $71,000 | $124,000 |
| 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 |
|---|---|---|---|---|---|---|
| Not applicable | 2,856 | $2,270,490,000 | $794,000 | $48,505,000 | $165,000 | $7,200,000 |
| Other | 83 | $65,925,000 | $794,000 | $2,505,000 | $161,000 | $420,000 |
| Credit History | 81 | $51,245,000 | $632,000 | $2,025,000 | $173,000 | $495,000 |
| Collateral | 54 | $35,260,000 | $652,000 | $2,005,000 | $124,000 | $182,000 |
| Unverifiable Information | 17 | $9,205,000 | $541,000 | $1,245,000 | $151,000 | $312,000 |
| Debt-To-Income Ratio | 12 | $5,370,000 | $447,000 | $705,000 | $93,000 | $170,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 5 | $2,155,000 | $431,000 | $515,000 | $109,000 | $109,000 |
| Employment History | 1 | $675,000 | $675,000 | $675,000 | $102,000 | $102,000 |
| Credit Application Incomplete | 1 | $255,000 | $255,000 | $255,000 | $153,000 | $153,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Cathay Bank's 2023 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 Cathay Bank'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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with aggregated HMDA statistics today.