Cherrywood Commercial Lending, LLC Mortgage Lending & HMDA Data, 2015

In 2015, Cherrywood Commercial Lending, LLC of Diamond Bar, CA reported 197 mortgage applications totaling $168.1 million. The average application was for $853,472, and applicants reported an average income of $0. 57% of its applications resulted in an originated loan and 13% were denied. Its largest markets were Flint, MI (24), Atlanta-Sandy Springs-Roswell, GA (15) and New York-Jersey City-White Plains, NY-NJ (14) (applications in parentheses).

Mortgage Company & Address Cherrywood Commercial Lending, LLC
20955 Pathfinder Road #205
Diamond Bar, CA 91765
Tel #: available with data download
Federal Regulator * available with data download
Years 2017  2016  2015  
Total Number of Mortgage Applications 197
Total Mortgage Loan Application Amount $168,134,000
Average Mortgage Loan Application Amount $853,472
Highest Mortgage Loan Application Amount $4,671,000
Average Applicant Income $0
Highest Applicant Income $0

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Cherrywood Commercial Lending, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Cherrywood Commercial Lending, LLC by County in 2015

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Genesee, Michigan 24 $ 14,931,000 $ 622,125 $ 0
Newton, Georgia 10 $ 7,500,000 $ 750,000 $ 0
Cook, Illinois 10 $ 4,164,000 $ 416,400 $ 0
Jefferson, New York 9 $ 5,400,000 $ 600,000 $ 0
Shasta, California 8 $ 8,936,000 $ 1,117,000 $ 0
Wayne, Michigan 8 $ 10,845,000 $ 1,355,625 $ 0
Harris, Texas 7 $ 4,865,000 $ 695,000 $ 0
Broward, Florida 6 $ 3,500,000 $ 583,333 $ 0
Hamilton, Ohio 6 $ 3,888,000 $ 648,000 $ 0
Ector, Texas 6 $ 14,250,000 $ 2,375,000 $ 0
Alameda, California 5 $ 3,593,000 $ 718,600 $ 0
Los Angeles, California 5 $ 7,546,000 $ 1,509,200 $ 0
Honolulu, Hawaii 5 $ 5,550,000 $ 1,110,000 $ 0
Kings, New York 5 $ 2,870,000 $ 574,000 $ 0
Franklin, Ohio 4 $ 5,975,000 $ 1,493,750 $ 0
Dallas, Texas 4 $ 6,280,000 $ 1,570,000 $ 0
Fulton, Georgia 3 $ 1,261,000 $ 420,333 $ 0
Woodbury, Iowa 3 $ 1,920,000 $ 640,000 $ 0
Albany, New York 3 $ 1,318,000 $ 439,333 $ 0
Queens, New York 3 $ 1,439,000 $ 479,666 $ 0
Mahoning, Ohio 3 $ 1,800,000 $ 600,000 $ 0
Allegheny, Pennsylvania 3 $ 945,000 $ 315,000 $ 0
El Paso, Texas 3 $ 968,000 $ 322,666 $ 0
Hartford, Connecticut 2 $ 3,600,000 $ 1,800,000 $ 0
Martin, Florida 2 $ 1,900,000 $ 950,000 $ 0
Warren, Mississippi 2 $ 1,915,000 $ 957,500 $ 0
Jackson, Missouri 2 $ 1,188,000 $ 594,000 $ 0
Union, New Jersey 2 $ 775,000 $ 387,500 $ 0
Bronx, New York 2 $ 1,010,000 $ 505,000 $ 0
Mecklenburg, North Carolina 2 $ 968,000 $ 484,000 $ 0
Montgomery, Tennessee 2 $ 1,110,000 $ 555,000 $ 0
Bexar, Texas 2 $ 3,200,000 $ 1,600,000 $ 0
Mobile, Alabama 1 $ 1,144,000 $ 1,144,000 $ 0
Contra Costa, California 1 $ 673,000 $ 673,000 $ 0
Kern, California 1 $ 200,000 $ 200,000 $ 0
Sacramento, California 1 $ 1,500,000 $ 1,500,000 $ 0
San Bernardino, California 1 $ 500,000 $ 500,000 $ 0
Ventura, California 1 $ 613,000 $ 613,000 $ 0
New Haven, Connecticut 1 $ 1,267,000 $ 1,267,000 $ 0
Osceola, Florida 1 $ 312,000 $ 312,000 $ 0
St. Lucie, Florida 1 $ 225,000 $ 225,000 $ 0
Chatham, Georgia 1 $ 2,430,000 $ 2,430,000 $ 0
Clayton, Georgia 1 $ 1,800,000 $ 1,800,000 $ 0
DeKalb, Georgia 1 $ 263,000 $ 263,000 $ 0
LaSalle, Illinois 1 $ 275,000 $ 275,000 $ 0
Christian, Kentucky 1 $ 1,042,000 $ 1,042,000 $ 0
Baltimore City, Maryland 1 $ 400,000 $ 400,000 $ 0
Hampden, Massachusetts 1 $ 286,000 $ 286,000 $ 0
Macomb, Michigan 1 $ 850,000 $ 850,000 $ 0
Dakota, Minnesota 1 $ 805,000 $ 805,000 $ 0
Middlesex, New Jersey 1 $ 890,000 $ 890,000 $ 0
Passaic, New Jersey 1 $ 252,000 $ 252,000 $ 0
Bernalillo, New Mexico 1 $ 788,000 $ 788,000 $ 0
New York, New York 1 $ 700,000 $ 700,000 $ 0
Ulster, New York 1 $ 455,000 $ 455,000 $ 0
Westchester, New York 1 $ 550,000 $ 550,000 $ 0
Forsyth, North Carolina 1 $ 1,800,000 $ 1,800,000 $ 0
New Hanover, North Carolina 1 $ 2,500,000 $ 2,500,000 $ 0
Swain, North Carolina 1 $ 248,000 $ 248,000 $ 0
Cuyahoga, Ohio 1 $ 338,000 $ 338,000 $ 0
Summit, Ohio 1 $ 224,000 $ 224,000 $ 0
Lehigh, Pennsylvania 1 $ 895,000 $ 895,000 $ 0
Luzerne, Pennsylvania 1 $ 870,000 $ 870,000 $ 0
Northampton, Pennsylvania 1 $ 250,000 $ 250,000 $ 0
Aransas, Texas 1 $ 1,060,000 $ 1,060,000 $ 0
Hidalgo, Texas 1 $ 2,200,000 $ 2,200,000 $ 0
Tarrant, Texas 1 $ 769,000 $ 769,000 $ 0
Fairfax, Virginia 1 $ 3,350,000 $ 3,350,000 $ 0

Mortgage Loan Application Detail Totals for Cherrywood Commercial Lending, LLC in 2015

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
Refinancing 129 $122,953,000 $953,000 $4,671,000 $0 $0
Home Purchase 68 $45,181,000 $664,000 $2,500,000 $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
Not Provided 197 $168,134,000 $853,000 $4,671,000 $0 $0
White 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Asian 0 $0 $0 $0 $0 $0
Black or African American 0 $0 $0 $0 $0 $0
Hispanic 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

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) 197 $168,134,000 $853,000 $4,671,000 $0 $0
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 113 $111,008,000 $982,000 $4,671,000 $0 $0
Application Approved But Not Accepted 58 $39,284,000 $677,000 $1,800,000 $0 $0
Application Denied By Financial Institution 26 $17,842,000 $686,000 $3,350,000 $0 $0
Application Withdrawn By Applicant 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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
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 Cherrywood Commercial Lending, LLC's 2015 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 Cherrywood Commercial Lending, 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.
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