Loansnap, Inc. Mortgage Lending & HMDA Data, 2020

In 2020, Loansnap, Inc. of Sacramento, CA reported 2,499 mortgage applications totaling $891.7 million, up 97% from 2019. The average application was for $356,824, and applicants reported an average income of $142,372. 36% of its applications resulted in an originated loan and 7% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (277), Denver-Aurora-Lakewood, CO (187) and Riverside-San Bernardino-Ontario, CA (173) (applications in parentheses).

Mortgage Company & Address Loansnap, Inc.
3070 Bristol Street Suite 200
Sacramento, CA 92626
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  2019  2018  2017  2016  2015  
Total Number of Mortgage Applications 2,499
Total Mortgage Loan Application Amount $891,705,000
Average Mortgage Loan Application Amount $356,824
Highest Mortgage Loan Application Amount $705,000
Average Applicant Income $142,372
Highest Applicant Income $2,500,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Loansnap, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Loansnap, Inc. by County in 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Los Angeles, California 277 $ 105,045,000 $ 379,223 $ 134,000
Orange, California 154 $ 60,750,000 $ 394,480 $ 131,000
San Diego, California 142 $ 53,820,000 $ 379,014 $ 151,000
Riverside, California 108 $ 36,530,000 $ 338,240 $ 123,000
Contra Costa, California 85 $ 31,785,000 $ 373,941 $ 138,000
Alameda, California 73 $ 28,635,000 $ 392,260 $ 168,000
San Bernardino, California 65 $ 21,555,000 $ 331,615 $ 117,000
Sacramento, California 63 $ 21,065,000 $ 334,365 $ 141,000
Santa Clara, California 61 $ 24,355,000 $ 399,262 $ 167,000
Ventura, California 55 $ 20,445,000 $ 371,727 $ 117,000
Placer, California 49 $ 18,315,000 $ 373,775 $ 138,000
Fulton, Georgia 41 $ 14,575,000 $ 355,487 $ 160,000
Arapahoe, Colorado 40 $ 14,730,000 $ 368,250 $ 147,000
Jefferson, Colorado 40 $ 13,960,000 $ 349,000 $ 117,000
Denver, Colorado 38 $ 13,190,000 $ 347,105 $ 135,000
San Joaquin, California 37 $ 11,665,000 $ 315,270 $ 126,000
San Mateo, California 36 $ 13,470,000 $ 374,166 $ 157,000
Cobb, Georgia 36 $ 11,650,000 $ 323,611 $ 154,000
Douglas, Colorado 35 $ 13,005,000 $ 371,571 $ 132,000
El Paso, Colorado 35 $ 11,335,000 $ 323,857 $ 130,000
Sonoma, California 29 $ 11,425,000 $ 393,965 $ 142,000
King, Washington 28 $ 10,860,000 $ 387,857 $ 149,000
Solano, California 27 $ 9,335,000 $ 345,740 $ 124,000
Boulder, Colorado 26 $ 10,680,000 $ 410,769 $ 151,000
Adams, Colorado 24 $ 7,600,000 $ 316,666 $ 136,000
Fresno, California 21 $ 6,665,000 $ 317,380 $ 138,000
DeKalb, Georgia 21 $ 7,215,000 $ 343,571 $ 153,000
Collin, Texas 21 $ 7,195,000 $ 342,619 $ 273,000
San Francisco, California 20 $ 7,520,000 $ 376,000 $ 134,000
Denton, Texas 20 $ 6,530,000 $ 326,500 $ 136,000
Monterey, California 19 $ 7,125,000 $ 375,000 $ 157,000
Weld, Colorado 19 $ 6,555,000 $ 345,000 $ 105,000
Miami-Dade, Florida 19 $ 6,135,000 $ 322,894 $ 118,000
Davidson, Tennessee 19 $ 6,295,000 $ 331,315 $ 141,000
Stanislaus, California 18 $ 5,460,000 $ 303,333 $ 110,000
El Dorado, California 17 $ 6,115,000 $ 359,705 $ 148,000
Marin, California 17 $ 6,525,000 $ 383,823 $ 154,000
Broward, Florida 17 $ 6,485,000 $ 381,470 $ 149,000
Williamson, Tennessee 17 $ 5,925,000 $ 348,529 $ 150,000
Fort Bend, Texas 17 $ 5,255,000 $ 309,117 $ 197,000
Forsyth, Georgia 16 $ 5,830,000 $ 364,375 $ 157,000
Travis, Texas 16 $ 5,130,000 $ 320,625 $ 177,000
Palm Beach, Florida 15 $ 5,405,000 $ 360,333 $ 248,000
Snohomish, Washington 15 $ 5,645,000 $ 376,333 $ 131,000
Gwinnett, Georgia 14 $ 3,830,000 $ 273,571 $ 117,000
Maricopa, Arizona 13 $ 3,585,000 $ 275,769 $ 119,000
San Luis Obispo, California 13 $ 4,755,000 $ 365,769 $ 133,000
Larimer, Colorado 13 $ 4,225,000 $ 325,000 $ 94,000
Orange, Florida 13 $ 4,255,000 $ 327,307 $ 154,000
Harris, Texas 13 $ 3,905,000 $ 300,384 $ 181,000
Montgomery, Texas 13 $ 4,165,000 $ 320,384 $ 136,000
Napa, California 12 $ 4,590,000 $ 382,500 $ 159,000
Santa Cruz, California 12 $ 5,380,000 $ 448,333 $ 149,000
Shelby, Tennessee 11 $ 3,585,000 $ 325,909 $ 160,000
Bexar, Texas 10 $ 3,180,000 $ 318,000 $ 174,000
Tarrant, Texas 10 $ 3,370,000 $ 337,000 $ 226,000
Kern, California 9 $ 2,735,000 $ 303,888 $ 143,000
Nevada, California 9 $ 3,395,000 $ 377,222 $ 180,000
Santa Barbara, California 9 $ 3,105,000 $ 345,000 $ 143,000
Collier, Florida 9 $ 3,155,000 $ 350,555 $ 107,000
Seminole, Florida 9 $ 2,795,000 $ 310,555 $ 90,000
St. Johns, Florida 9 $ 3,085,000 $ 342,777 $ 168,000
Knox, Tennessee 9 $ 3,265,000 $ 362,777 $ 139,000
Duval, Florida 8 $ 3,120,000 $ 390,000 $ 199,000
Yolo, California 7 $ 2,335,000 $ 333,571 $ 313,000
Mesa, Colorado 7 $ 2,055,000 $ 293,571 $ 152,000
Hillsborough, Florida 7 $ 2,565,000 $ 366,428 $ 125,000
Cherokee, Georgia 7 $ 2,275,000 $ 325,000 $ 113,000
Dallas, Texas 7 $ 2,325,000 $ 332,142 $ 190,000
Pierce, Washington 7 $ 2,025,000 $ 289,285 $ 106,000
Calaveras, California 6 $ 1,820,000 $ 303,333 $ 156,000
Broomfield, Colorado 6 $ 2,110,000 $ 351,666 $ 135,000
Manatee, Florida 6 $ 2,080,000 $ 346,666 $ 179,000
Pinellas, Florida 6 $ 2,140,000 $ 356,666 $ 86,000
Williamson, Texas 6 $ 1,590,000 $ 265,000 $ 70,000
Merced, California 5 $ 1,695,000 $ 339,000 $ 144,000
Lake, Florida 5 $ 1,685,000 $ 337,000 $ 114,000
Fayette, Georgia 5 $ 1,805,000 $ 361,000 $ 183,000
Walton, Georgia 5 $ 1,695,000 $ 339,000 $ 141,000
Rutherford, Tennessee 5 $ 1,285,000 $ 257,000 $ 112,000
Sumner, Tennessee 5 $ 1,955,000 $ 391,000 $ 158,000
Yuba, California 4 $ 1,220,000 $ 305,000 $ 107,000
Eagle, Colorado 4 $ 1,840,000 $ 460,000 $ 105,000
Garfield, Colorado 4 $ 1,220,000 $ 305,000 $ 90,000
Brevard, Florida 4 $ 1,330,000 $ 332,500 $ 221,000
Pasco, Florida 4 $ 1,210,000 $ 302,500 $ 131,000
Columbia, Georgia 4 $ 1,150,000 $ 287,500 $ 81,000
Comal, Texas 4 $ 1,650,000 $ 412,500 $ 121,000
Whatcom, Washington 4 $ 1,080,000 $ 270,000 $ 135,000
Lake, California 3 $ 855,000 $ 285,000 $ 93,000
Mendocino, California 3 $ 1,105,000 $ 368,333 $ 165,000
San Benito, California 3 $ 1,175,000 $ 391,666 $ 140,000
Delta, Colorado 3 $ 775,000 $ 258,333 $ 112,000
Grand, Colorado 3 $ 985,000 $ 328,333 $ 182,000
La Plata, Colorado 3 $ 975,000 $ 325,000 $ 110,000
Pueblo, Colorado 3 $ 945,000 $ 315,000 $ 119,000
Routt, Colorado 3 $ 1,165,000 $ 388,333 $ 104,000
Flagler, Florida 3 $ 755,000 $ 251,666 $ 179,000
Lee, Florida 3 $ 705,000 $ 235,000 $ 103,000
Osceola, Florida 3 $ 1,175,000 $ 391,666 $ 52,000
Chatham, Georgia 3 $ 835,000 $ 278,333 $ 210,000
Oconee, Georgia 3 $ 1,135,000 $ 378,333 $ 172,000
Hamilton, Tennessee 3 $ 855,000 $ 285,000 $ 97,000
Brazoria, Texas 3 $ 875,000 $ 291,666 $ 180,000
Butte, California 2 $ 660,000 $ 330,000 $ 130,000
Kings, California 2 $ 610,000 $ 305,000 $ 179,000
Madera, California 2 $ 630,000 $ 315,000 $ 108,000
Mariposa, California 2 $ 950,000 $ 475,000 $ 165,000
Mono, California 2 $ 870,000 $ 435,000 $ 288,000
Shasta, California 2 $ 710,000 $ 355,000 $ 178,000
Sutter, California 2 $ 580,000 $ 290,000 $ 108,000
Tuolumne, California 2 $ 600,000 $ 300,000 $ 139,000
Chaffee, Colorado 2 $ 730,000 $ 365,000 $ 185,000
Elbert, Colorado 2 $ 810,000 $ 405,000 $ 258,000
Park, Colorado 2 $ 530,000 $ 265,000 $ 144,000
Pitkin, Colorado 2 $ 810,000 $ 405,000 $ 121,000
Alachua, Florida 2 $ 700,000 $ 350,000 $ 94,000
Escambia, Florida 2 $ 560,000 $ 280,000 $ 39,000
Leon, Florida 2 $ 630,000 $ 315,000 $ 132,000
Martin, Florida 2 $ 730,000 $ 365,000 $ 131,000
Nassau, Florida 2 $ 740,000 $ 370,000 $ 118,000
Sarasota, Florida 2 $ 810,000 $ 405,000 $ 95,000
Volusia, Florida 2 $ 540,000 $ 270,000 $ 79,000
Walton, Florida 2 $ 490,000 $ 245,000 $ 87,000
Coweta, Georgia 2 $ 500,000 $ 250,000 $ 117,000
Newton, Georgia 2 $ 440,000 $ 220,000 $ 61,000
Cook, Illinois 2 $ 940,000 $ 470,000 $ 154,000
Bucks, Pennsylvania 2 $ 810,000 $ 405,000 $ 103,000
Blount, Tennessee 2 $ 740,000 $ 370,000 $ 118,000
Union, Tennessee 2 $ 510,000 $ 255,000 $ 102,000
Wilson, Tennessee 2 $ 560,000 $ 280,000 $ 80,000
El Paso, Texas 2 $ 770,000 $ 385,000 $ 307,000
Kendall, Texas 2 $ 720,000 $ 360,000 $ 103,000
Skagit, Washington 2 $ 550,000 $ 275,000 $ 87,000
Yavapai, Arizona 1 $ 355,000 $ 355,000 $ 104,000
Colusa, California 1 $ 505,000 $ 505,000 $ 260,000
Glenn, California 1 $ 265,000 $ 265,000 $ 182,000
Inyo, California 1 $ 395,000 $ 395,000 $ 342,000
Siskiyou, California 1 $ 305,000 $ 305,000 $ 163,000
Tulare, California 1 $ 375,000 $ 375,000 $ 135,000
Archuleta, Colorado 1 $ 275,000 $ 275,000 $ 76,000
Fremont, Colorado 1 $ 195,000 $ 195,000 $ 50,000
Gunnison, Colorado 1 $ 505,000 $ 505,000 $ 90,000
Montezuma, Colorado 1 $ 275,000 $ 275,000 $ 301,000
Summit, Colorado 1 $ 305,000 $ 305,000 $ 206,000
Charlotte, Florida 1 $ 285,000 $ 285,000 $ 85,000
Citrus, Florida 1 $ 275,000 $ 275,000 $ 69,000
Franklin, Florida 1 $ 465,000 $ 465,000 $ 168,000
Marion, Florida 1 $ 455,000 $ 455,000 $ 372,000
Monroe, Florida 1 $ 405,000 $ 405,000 $ 69,000
Okaloosa, Florida 1 $ 365,000 $ 365,000 $ 193,000
Polk, Florida 1 $ 145,000 $ 145,000 $ 147,000
Santa Rosa, Florida 1 $ 385,000 $ 385,000 $ 144,000
St. Lucie, Florida 1 $ 275,000 $ 275,000 $ 71,000
Barrow, Georgia 1 $ 235,000 $ 235,000 $ 95,000
Bryan, Georgia 1 $ 295,000 $ 295,000 $ 111,000
Glynn, Georgia 1 $ 375,000 $ 375,000 $ 185,000
Haralson, Georgia 1 $ 335,000 $ 335,000 $ 88,000
Hart, Georgia 1 $ 425,000 $ 425,000 $ 789,000
Henry, Georgia 1 $ 355,000 $ 355,000 $ 205,000
Paulding, Georgia 1 $ 375,000 $ 375,000 $ 187,000
Toombs, Georgia 1 $ 245,000 $ 245,000 $ 183,000
Lake, Illinois 1 $ 375,000 $ 375,000 $ 375,000
Kalamazoo, Michigan 1 $ 245,000 $ 245,000 $ 84,000
Wayne, Michigan 1 $ 335,000 $ 335,000 $ 223,000
Brown, Ohio 1 $ 235,000 $ 235,000 $ 85,000
Fairfield, Ohio 1 $ 345,000 $ 345,000 $ 105,000
Summit, Ohio 1 $ 275,000 $ 275,000 $ 108,000
Chester, Pennsylvania 1 $ 375,000 $ 375,000 $ 101,000
Delaware, Pennsylvania 1 $ 405,000 $ 405,000 $ 222,000
Northampton, Pennsylvania 1 $ 255,000 $ 255,000 $ 184,000
Westmoreland, Pennsylvania 1 $ 275,000 $ 275,000 $ 125,000
Bradley, Tennessee 1 $ 235,000 $ 235,000 $ 119,000
Dickson, Tennessee 1 $ 255,000 $ 255,000 $ 112,000
Jefferson, Tennessee 1 $ 305,000 $ 305,000 $ 139,000
Roane, Tennessee 1 $ 255,000 $ 255,000 $ 91,000
Brewster, Texas 1 $ 315,000 $ 315,000 $ 84,000
Chambers, Texas 1 $ 315,000 $ 315,000 $ 138,000
Galveston, Texas 1 $ 245,000 $ 245,000 $ 74,000
Gregg, Texas 1 $ 295,000 $ 295,000 $ 187,000
Hopkins, Texas 1 $ 415,000 $ 415,000 $ 151,000
Lubbock, Texas 1 $ 355,000 $ 355,000 $ 329,000
Nueces, Texas 1 $ 455,000 $ 455,000 $ 193,000
Rockwall, Texas 1 $ 305,000 $ 305,000 $ 82,000
Wilson, Texas 1 $ 305,000 $ 305,000 $ 156,000
Benton, Washington 1 $ 235,000 $ 235,000 $ 76,000
Clark, Washington 1 $ 455,000 $ 455,000 $ 92,000
Cowlitz, Washington 1 $ 255,000 $ 255,000 $ 48,000
Douglas, Washington 1 $ 405,000 $ 405,000 $ 275,000
Kitsap, Washington 1 $ 335,000 $ 335,000 $ 170,000
Spokane, Washington 1 $ 285,000 $ 285,000 $ 0
Stevens, Washington 1 $ 465,000 $ 465,000 $ 96,000
Thurston, Washington 1 $ 245,000 $ 245,000 $ 132,000

Mortgage Loan Application Detail Totals for Loansnap, Inc. in 2020

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 2,323 $827,525,000 $356,000 $705,000 $144,000 $2,500,000
Home Improvement 162 $57,790,000 $356,000 $665,000 $117,000 $654,000
Home Purchase 14 $6,390,000 $456,000 $655,000 $166,000 $359,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Cash-out Refinancing 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 1,255 $451,895,000 $360,000 $665,000 $143,000 $868,000
Not Provided 756 $265,330,000 $350,000 $705,000 $146,000 $2,500,000
Asian 261 $96,585,000 $370,000 $675,000 $142,000 $500,000
Hispanic 174 $61,460,000 $353,000 $605,000 $132,000 $680,000
Black or African American 42 $12,600,000 $300,000 $505,000 $128,000 $251,000
American Indian or Alaskan Native 6 $1,850,000 $308,000 $475,000 $132,000 $203,000
Native Hawaiian or Other Pacific Islander 3 $1,195,000 $398,000 $465,000 $94,000 $133,000
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) 2,442 $869,620,000 $356,000 $705,000 $143,000 $2,500,000
VA-guaranteed (Veterans Administration) 43 $17,065,000 $396,000 $655,000 $113,000 $359,000
FHA-insured (Federal Housing Administration) 14 $5,020,000 $358,000 $625,000 $117,000 $311,000
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
Application Withdrawn By Applicant 1,425 $502,785,000 $352,000 $705,000 $144,000 $2,500,000
Loan Originated 895 $323,275,000 $361,000 $675,000 $145,000 $789,000
Application Denied By Financial Institution 176 $64,330,000 $365,000 $665,000 $116,000 $680,000
File Closed For Incompleteness 3 $1,315,000 $438,000 $465,000 $69,000 $120,000
Application Approved But Not Accepted 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
Not applicable 2,323 $827,375,000 $356,000 $705,000 $144,000 $2,500,000
Unverifiable Information 150 $54,660,000 $364,000 $655,000 $120,000 $680,000
Debt-To-Income Ratio 17 $5,695,000 $335,000 $515,000 $67,000 $148,000
Credit History 3 $1,145,000 $381,000 $405,000 $129,000 $143,000
Other 2 $1,110,000 $555,000 $665,000 $90,000 $115,000
Collateral 2 $960,000 $480,000 $515,000 $175,000 $189,000
Credit Application Incomplete 2 $760,000 $380,000 $475,000 $130,000 $213,000
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 Loansnap, Inc.'s 2020 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 Loansnap, 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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