East West Bank Mortgage Lending & HMDA Data, 2015

In 2015, East West Bank of Pasadena, CA reported 2,700 mortgage applications totaling $1.4 billion, down 19% from 2014. The average application was for $516,630, and applicants reported an average income of $13,951. 62% of its applications resulted in an originated loan and 14% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (985), New York-Jersey City-White Plains, NY-NJ (338) and Riverside-San Bernardino-Ontario, CA (293) (applications in parentheses).

Mortgage Company & Address East West Bank
135 North Los Robles Avenue
Pasadena, CA 91101
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 2,700
Total Mortgage Loan Application Amount $1,394,901,000
Average Mortgage Loan Application Amount $516,630
Highest Mortgage Loan Application Amount $23,000,000
Average Applicant Income $13,951
Highest Applicant Income $1,791,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records East West Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 East West Bank 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
Los Angeles, California 985 $ 525,868,000 $ 533,876 $ 13,000
San Bernardino, California 262 $ 118,321,000 $ 451,606 $ 8,000
Orange, California 241 $ 147,321,000 $ 611,290 $ 12,000
Queens, New York 185 $ 79,197,000 $ 428,091 $ 6,000
King, Washington 162 $ 72,410,000 $ 446,975 $ 4,000
Kings, New York 107 $ 54,488,000 $ 509,233 $ 2,000
Alameda, California 94 $ 39,695,000 $ 422,287 $ 10,000
Santa Clara, California 69 $ 44,818,000 $ 649,536 $ 35,000
Clark, Nevada 59 $ 11,364,000 $ 192,610 $ 5,000
San Francisco, California 56 $ 52,783,000 $ 942,553 $ 16,000
San Mateo, California 54 $ 48,623,000 $ 900,425 $ 18,000
Sacramento, California 52 $ 10,811,000 $ 207,903 $ 14,000
Harris, Texas 48 $ 16,125,000 $ 335,937 $ 6,000
Riverside, California 31 $ 34,605,000 $ 1,116,290 $ 18,000
San Diego, California 29 $ 35,261,000 $ 1,215,896 $ 31,000
Richmond, New York 29 $ 6,917,000 $ 238,517 $ 4,000
Collin, Texas 24 $ 5,681,000 $ 236,708 $ 4,000
Dallas, Texas 20 $ 4,803,000 $ 240,150 $ 0
Middlesex, Massachusetts 17 $ 11,684,000 $ 687,294 $ 30,000
Fort Bend, Texas 17 $ 3,999,000 $ 235,235 $ 3,000
New York, New York 15 $ 18,757,000 $ 1,250,466 $ 33,000
Contra Costa, California 14 $ 8,266,000 $ 590,428 $ 98,000
Kern, California 9 $ 2,074,000 $ 230,444 $ 14,000
Snohomish, Washington 9 $ 2,995,000 $ 332,777 $ 0
Cobb, Georgia 8 $ 2,108,000 $ 263,500 $ 30,000
Ventura, California 7 $ 2,677,000 $ 382,428 $ 60,000
Fulton, Georgia 7 $ 1,478,000 $ 211,142 $ 28,000
Gwinnett, Georgia 7 $ 1,029,000 $ 147,000 $ 7,000
Norfolk, Massachusetts 7 $ 3,772,000 $ 538,857 $ 7,000
DeKalb, Georgia 5 $ 816,000 $ 163,200 $ 423,000
Suffolk, Massachusetts 5 $ 2,580,000 $ 516,000 $ 25,000
Fresno, California 4 $ 1,365,000 $ 341,250 $ 28,000
Forsyth, Georgia 4 $ 785,000 $ 196,250 $ 0
Marin, California 3 $ 1,715,000 $ 571,666 $ 97,000
Merced, California 3 $ 386,000 $ 128,666 $ 22,000
Monterey, California 3 $ 837,000 $ 279,000 $ 56,000
San Joaquin, California 3 $ 483,000 $ 161,000 $ 28,000
Nassau, New York 3 $ 2,752,000 $ 917,333 $ 0
Denton, Texas 3 $ 714,000 $ 238,000 $ 0
Tarrant, Texas 3 $ 3,157,000 $ 1,052,333 $ 18,000
San Luis Obispo, California 2 $ 642,000 $ 321,000 $ 138,000
Solano, California 2 $ 1,634,000 $ 817,000 $ 95,000
Stanislaus, California 2 $ 900,000 $ 450,000 $ 6,000
Tulare, California 2 $ 277,000 $ 138,500 $ 14,000
Yolo, California 2 $ 1,877,000 $ 938,500 $ 46,000
Yuba, California 2 $ 570,000 $ 285,000 $ 0
Clayton, Georgia 2 $ 118,000 $ 59,000 $ 0
Barnstable, Massachusetts 2 $ 521,000 $ 260,500 $ 219,000
Essex, Massachusetts 2 $ 458,000 $ 229,000 $ 97,000
Bronx, New York 2 $ 588,000 $ 294,000 $ 0
Pinal, Arizona 1 $ 900,000 $ 900,000 $ 0
Calaveras, California 1 $ 138,000 $ 138,000 $ 252,000
Humboldt, California 1 $ 206,000 $ 206,000 $ 0
Madera, California 1 $ 112,000 $ 112,000 $ 157,000
Placer, California 1 $ 317,000 $ 317,000 $ 87,000
Plumas, California 1 $ 184,000 $ 184,000 $ 106,000
San Benito, California 1 $ 258,000 $ 258,000 $ 82,000
Shasta, California 1 $ 196,000 $ 196,000 $ 203,000
Sutter, California 1 $ 200,000 $ 200,000 $ 0
Tehama, California 1 $ 166,000 $ 166,000 $ 35,000
Fayette, Georgia 1 $ 110,000 $ 110,000 $ 18,000
Haralson, Georgia 1 $ 106,000 $ 106,000 $ 72,000
Paulding, Georgia 1 $ 180,000 $ 180,000 $ 0
Rabun, Georgia 1 $ 303,000 $ 303,000 $ 200,000
Worcester, Massachusetts 1 $ 125,000 $ 125,000 $ 89,000
Washoe, Nevada 1 $ 176,000 $ 176,000 $ 93,000
Montgomery, Texas 1 $ 119,000 $ 119,000 $ 0

Mortgage Loan Application Detail Totals for East West Bank 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
Home Purchase 1,943 $921,856,000 $474,000 $23,000,000 $9,000 $1,791,000
Refinancing 671 $428,875,000 $639,000 $16,540,000 $27,000 $720,000
Home Improvement 86 $44,170,000 $513,000 $3,000,000 $24,000 $1,226,000

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
Asian 1,769 $819,917,000 $463,000 $5,500,000 $7,000 $1,680,000
White 340 $150,584,000 $442,000 $6,208,000 $34,000 $1,791,000
Not applicable 259 $313,679,000 $1,211,000 $23,000,000 $0 $0
Hispanic 232 $71,591,000 $308,000 $1,690,000 $37,000 $711,000
Black or African American 35 $9,037,000 $258,000 $981,000 $42,000 $297,000
Native Hawaiian or Other Pacific Islander 29 $15,360,000 $529,000 $1,500,000 $40,000 $247,000
Not Provided 29 $11,653,000 $401,000 $1,356,000 $50,000 $219,000
American Indian or Alaskan Native 7 $3,080,000 $440,000 $900,000 $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) 2,700 $1,394,901,000 $516,000 $23,000,000 $14,000 $1,791,000
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 1,666 $947,391,000 $568,000 $23,000,000 $4,000 $1,576,000
Application Denied By Financial Institution 375 $180,808,000 $482,000 $1,920,000 $39,000 $1,680,000
Application Withdrawn By Applicant 228 $108,978,000 $477,000 $3,450,000 $0 $0
Loan Purchased By The Institution 166 $33,710,000 $203,000 $416,000 $91,000 $1,791,000
File Closed For Incompleteness 139 $67,546,000 $485,000 $2,000,000 $0 $0
Application Approved But Not Accepted 126 $56,468,000 $448,000 $1,500,000 $7,000 $365,000
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
Collateral 110 $56,112,000 $510,000 $1,900,000 $13,000 $251,000
Debt-To-Income Ratio 89 $35,731,000 $401,000 $1,500,000 $34,000 $180,000
Credit History 54 $23,263,000 $430,000 $1,520,000 $58,000 $1,226,000
Other 48 $25,217,000 $525,000 $1,680,000 $47,000 $711,000
Unverifiable Information 37 $19,897,000 $537,000 $1,920,000 $60,000 $1,680,000
Insufficient Cash (Downpayment, Closing Cost) 33 $18,633,000 $564,000 $1,500,000 $75,000 $720,000
Credit Application Incomplete 3 $1,574,000 $524,000 $690,000 $0 $0
Employment History 1 $381,000 $381,000 $381,000 $204,000 $204,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into East West Bank'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 East West 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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