Crestline Funding Corporation Mortgage Lending & HMDA Data, 2016

In 2016, Crestline Funding Corporation of Irvine, CA reported 1,862 mortgage applications totaling $666.0 million. The average application was for $357,668, and applicants reported an average income of $118,151. 47% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (637), Riverside-San Bernardino-Ontario, CA (443) and Anaheim-Santa Ana-Irvine, CA (405) (applications in parentheses).

Mortgage Company & Address Crestline Funding Corporation
18851 Bardeen Ave
Irvine, CA 92612
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2013  2012  2011  
Total Number of Mortgage Applications 1,862
Total Mortgage Loan Application Amount $665,979,000
Average Mortgage Loan Application Amount $357,668
Highest Mortgage Loan Application Amount $1,800,000
Average Applicant Income $118,151
Highest Applicant Income $2,820,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Crestline Funding Corporation filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Crestline Funding Corporation 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
Home Improvement 1,185 $400,056,000 $337,000 $1,527,000 $117,000 $2,353,000
Refinancing 528 $200,725,000 $380,000 $1,800,000 $103,000 $1,440,000
Home Purchase 149 $65,198,000 $437,000 $1,440,000 $181,000 $2,820,000

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 1,025 $377,346,000 $368,000 $1,527,000 $127,000 $2,400,000
Not Provided 367 $134,122,000 $365,000 $1,800,000 $100,000 $2,820,000
Hispanic 278 $87,819,000 $315,000 $1,030,000 $106,000 $370,000
Asian 136 $48,970,000 $360,000 $1,212,000 $133,000 $500,000
Black or African American 48 $15,273,000 $318,000 $802,000 $96,000 $230,000
Native Hawaiin or Other Pacific Islander 5 $1,481,000 $296,000 $413,000 $85,000 $120,000
American Indian or Alaskan Native 3 $968,000 $322,000 $370,000 $150,000 $280,000
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) 1,699 $608,677,000 $358,000 $1,800,000 $121,000 $2,820,000
FHA-insured (Federal Housing Administration) 133 $45,996,000 $345,000 $626,000 $93,000 $256,000
VA-guaranteed (Veterans Administration) 30 $11,306,000 $376,000 $762,000 $91,000 $218,000
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 882 $307,950,000 $349,000 $1,263,000 $127,000 $2,353,000
Application Withdrawn By Applicant 832 $307,326,000 $369,000 $1,800,000 $114,000 $2,820,000
Application Denied By Financial Institution 91 $32,262,000 $354,000 $1,370,000 $92,000 $593,000
File Closed For Incompleteness 56 $18,066,000 $322,000 $704,000 $92,000 $256,000
Application Approved But Not Accepted 1 $375,000 $375,000 $375,000 $245,000 $245,000
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
Debt-To-Income Ratio 47 $17,534,000 $373,000 $1,370,000 $105,000 $370,000
Credit History 19 $6,300,000 $331,000 $625,000 $70,000 $140,000
Unverifiable Information 5 $2,116,000 $423,000 $1,324,000 $151,000 $593,000
Collateral 3 $1,215,000 $405,000 $802,000 $87,000 $123,000
Employment History 3 $601,000 $200,000 $221,000 $47,000 $57,000
Insufficient Cash (Downpayment, Closing Cost) 1 $160,000 $160,000 $160,000 $51,000 $51,000
Credit Application Incomplete 1 $449,000 $449,000 $449,000 $37,000 $37,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Crestline Funding Corporation'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 Crestline Funding Corporation'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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