Chu & Associates, Inc. Mortgage Lending & HMDA Data, 2016
In 2016, Chu & Associates, Inc. of Pasadena, CA reported 211 mortgage applications totaling $61.2 million, about the same as 2015. The average application was for $290,251, and applicants reported an average income of $88,407. 76% of its applications resulted in an originated loan and 17% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (92), Riverside-San Bernardino-Ontario, CA (31) and Oakland-Hayward-Berkeley, CA (10) (applications in parentheses).
| Mortgage Company & Address | Chu & Associates, Inc. 3452 East Foothill Blvd Suite 410 Pasadena, CA 91107 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2022 2021 2020 2019 2018 2017 2016 2015 |
| Total Number of Mortgage Applications | 211 |
| Total Mortgage Loan Application Amount | $61,243,000 |
| Average Mortgage Loan Application Amount | $290,251 |
| Highest Mortgage Loan Application Amount | $765,000 |
| Average Applicant Income | $88,407 |
| Highest Applicant Income | $247,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Chu & Associates, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| 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 | 92 | $ 30,058,000 | $ 326,717 | $ 95,000 |
| Riverside-San Bernardino-Ontario, CA | 31 | $ 7,513,000 | $ 242,354 | $ 79,000 |
| Oakland-Hayward-Berkeley, CA | 10 | $ 3,332,000 | $ 333,200 | $ 103,000 |
| Sacramento--Roseville--Arden-Arcade, CA | 10 | $ 2,456,000 | $ 245,600 | $ 73,000 |
| Anaheim-Santa Ana-Irvine, CA | 9 | $ 3,498,000 | $ 388,666 | $ 97,000 |
| Fresno, CA | 7 | $ 1,651,000 | $ 235,857 | $ 88,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 6 | $ 1,465,000 | $ 244,166 | $ 71,000 |
| San Diego-Carlsbad, CA | 6 | $ 1,144,000 | $ 190,666 | $ 64,000 |
| Seattle-Bellevue-Everett, WA | 5 | $ 1,225,000 | $ 245,000 | $ 139,000 |
| Modesto, CA | 4 | $ 1,265,000 | $ 316,250 | $ 120,000 |
| Stockton-Lodi, CA | 3 | $ 994,000 | $ 331,333 | $ 108,000 |
| Vallejo-Fairfield, CA | 3 | $ 919,000 | $ 306,333 | $ 42,000 |
| Salinas, CA | 2 | $ 642,000 | $ 321,000 | $ 108,000 |
| San Francisco-Redwood City-South San Francisco, CA | 2 | $ 353,000 | $ 176,500 | $ 46,000 |
| San Luis Obispo-Paso Robles-Arroyo Grande, CA | 2 | $ 415,000 | $ 207,500 | $ 104,000 |
| Santa Cruz-Watsonville, CA | 2 | $ 226,000 | $ 113,000 | $ 49,000 |
| Bakersfield, CA | 1 | $ 154,000 | $ 154,000 | $ 34,000 |
| Bellingham, WA | 1 | $ 259,000 | $ 259,000 | $ 56,000 |
| Longview, WA | 1 | $ 176,000 | $ 176,000 | $ 55,000 |
| Merced, CA | 1 | $ 192,000 | $ 192,000 | $ 58,000 |
| Portland-Vancouver-Hillsboro, OR-WA | 1 | $ 300,000 | $ 300,000 | $ 75,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 1 | $ 390,000 | $ 390,000 | $ 89,000 |
| San Rafael, CA | 1 | $ 499,000 | $ 499,000 | $ 120,000 |
| Santa Maria-Santa Barbara, CA | 1 | $ 268,000 | $ 268,000 | $ 65,000 |
| Santa Rosa, CA | 1 | $ 245,000 | $ 245,000 | $ 131,000 |
| Tacoma-Lakewood, WA | 1 | $ 191,000 | $ 191,000 | $ 93,000 |
Mortgage Loan Application Detail Totals for Chu & Associates, Inc. in 2016
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 | 184 | $52,328,000 | $284,000 | $765,000 | $87,000 | $244,000 |
| Home Purchase | 27 | $8,915,000 | $330,000 | $640,000 | $98,000 | $247,000 |
| 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 |
|---|---|---|---|---|---|---|
| White | 106 | $31,038,000 | $292,000 | $765,000 | $91,000 | $247,000 |
| Hispanic | 76 | $20,912,000 | $275,000 | $484,000 | $82,000 | $244,000 |
| Asian | 19 | $6,294,000 | $331,000 | $625,000 | $98,000 | $210,000 |
| Black or African American | 9 | $2,824,000 | $313,000 | $497,000 | $85,000 | $211,000 |
| American Indian or Alaskan Native | 1 | $175,000 | $175,000 | $175,000 | $133,000 | $133,000 |
| Native Hawaiin 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) | 171 | $49,653,000 | $290,000 | $765,000 | $92,000 | $247,000 |
| FHA-insured (Federal Housing Administration) | 36 | $10,545,000 | $292,000 | $625,000 | $75,000 | $210,000 |
| VA-guaranteed (Veterans Administration) | 4 | $1,045,000 | $261,000 | $480,000 | $77,000 | $130,000 |
| 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 | 160 | $48,050,000 | $300,000 | $765,000 | $93,000 | $244,000 |
| Application Denied By Financial Institution | 36 | $9,297,000 | $258,000 | $492,000 | $80,000 | $247,000 |
| Application Withdrawn By Applicant | 11 | $2,877,000 | $261,000 | $438,000 | $64,000 | $138,000 |
| Application Approved But Not Accepted | 4 | $1,019,000 | $254,000 | $403,000 | $53,000 | $120,000 |
| 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 | 1 | $265,000 | $265,000 | $265,000 | $54,000 | $54,000 |
| Other | 1 | $191,000 | $191,000 | $191,000 | $93,000 | $93,000 |
| Unverifiable Information | 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 Chu & Associates, Inc.'s 2016 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 Chu & Associates, 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.
For a list of all lenders in California, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About