East West Bank Mortgage Lending & HMDA Data, 2018

In 2018, East West Bank of Pasadena, CA reported 6,750 mortgage applications totaling $3.5 billion, up 46% from 2017. The average application was for $522,565, and applicants reported an average income of $78,435. 75% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (1,540), New York-Jersey City-White Plains, NY-NJ (1,056) and Riverside-San Bernardino-Ontario, CA (748) (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 6,750
Total Mortgage Loan Application Amount $3,527,315,000
Average Mortgage Loan Application Amount $522,565
Highest Mortgage Loan Application Amount $55,325,000
Average Applicant Income $78,435
Highest Applicant Income $2,388,000

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Act (HMDA) records East West Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2018

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 1,540 $ 936,005,000 $ 607,795 $ 102,000
San Bernardino, California 544 $ 195,740,000 $ 359,816 $ 53,000
Orange, California 537 $ 375,845,000 $ 699,897 $ 98,000
King, Washington 497 $ 280,005,000 $ 563,390 $ 86,000
Queens, New York 495 $ 270,145,000 $ 545,747 $ 73,000
Santa Clara, California 292 $ 211,080,000 $ 722,876 $ 239,000
Kings, New York 286 $ 185,230,000 $ 647,657 $ 59,000
Clark, Nevada 232 $ 53,320,000 $ 229,827 $ 49,000
Alameda, California 211 $ 102,615,000 $ 486,327 $ 128,000
Riverside, California 204 $ 64,790,000 $ 317,598 $ 76,000
San Francisco, California 165 $ 134,785,000 $ 816,878 $ 91,000
Richmond, New York 147 $ 53,505,000 $ 363,979 $ 30,000
Sacramento, California 139 $ 28,715,000 $ 206,582 $ 30,000
San Mateo, California 127 $ 151,415,000 $ 1,192,244 $ 98,000
Harris, Texas 126 $ 17,780,000 $ 141,111 $ 40,000
Middlesex, Massachusetts 100 $ 53,300,000 $ 533,000 $ 58,000
Contra Costa, California 91 $ 43,305,000 $ 475,879 $ 109,000
San Diego, California 88 $ 36,260,000 $ 412,045 $ 89,000
Gwinnett, Georgia 87 $ 11,855,000 $ 136,264 $ 39,000
Collin, Texas 85 $ 18,755,000 $ 220,647 $ 23,000
Snohomish, Washington 73 $ 25,605,000 $ 350,753 $ 0
New York, New York 67 $ 64,845,000 $ 967,835 $ 144,000
Fulton, Georgia 65 $ 12,995,000 $ 199,923 $ 50,000
Suffolk, Massachusetts 57 $ 22,825,000 $ 400,438 $ 37,000
Bronx, New York 53 $ 20,375,000 $ 384,433 $ 80,000
Norfolk, Massachusetts 47 $ 14,505,000 $ 308,617 $ 42,000
Fort Bend, Texas 45 $ 7,785,000 $ 173,000 $ 43,000
Dallas, Texas 39 $ 5,995,000 $ 153,717 $ 29,000
DeKalb, Georgia 34 $ 4,570,000 $ 134,411 $ 39,000
Cobb, Georgia 31 $ 4,175,000 $ 134,677 $ 36,000
Nassau, New York 28 $ 21,130,000 $ 754,642 $ 77,000
Tarrant, Texas 26 $ 3,920,000 $ 150,769 $ 0
Henry, Georgia 24 $ 3,980,000 $ 165,833 $ 69,000
Clayton, Georgia 23 $ 2,605,000 $ 113,260 $ 38,000
Forsyth, Georgia 16 $ 3,750,000 $ 234,375 $ 32,000
Denton, Texas 15 $ 3,395,000 $ 226,333 $ 0
Paulding, Georgia 11 $ 1,585,000 $ 144,090 $ 49,000
Ventura, California 8 $ 7,700,000 $ 962,500 $ 105,000
Douglas, Georgia 6 $ 730,000 $ 121,666 $ 39,000
Kern, California 5 $ 1,535,000 $ 307,000 $ 29,000
Cherokee, Georgia 5 $ 875,000 $ 175,000 $ 53,000
Rockdale, Georgia 5 $ 825,000 $ 165,000 $ 41,000
Westchester, New York 5 $ 2,915,000 $ 583,000 $ 48,000
Montgomery, Texas 5 $ 775,000 $ 155,000 $ 56,000
Solano, California 4 $ 2,540,000 $ 635,000 $ 0
Barrow, Georgia 4 $ 380,000 $ 95,000 $ 33,000
Fayette, Georgia 4 $ 810,000 $ 202,500 $ 0
Marin, California 3 $ 2,095,000 $ 698,333 $ 960,000
Carroll, Georgia 3 $ 235,000 $ 78,333 $ 31,000
Newton, Georgia 3 $ 255,000 $ 85,000 $ 0
Plymouth, Massachusetts 3 $ 565,000 $ 188,333 $ 41,000
Orange, New York 3 $ 465,000 $ 155,000 $ 42,000
Suffolk, New York 3 $ 595,000 $ 198,333 $ 0
Kaufman, Texas 3 $ 365,000 $ 121,666 $ 0
Travis, Texas 3 $ 8,385,000 $ 2,795,000 $ 0
Maricopa, Arizona 2 $ 34,540,000 $ 17,270,000 $ 0
Fresno, California 2 $ 650,000 $ 325,000 $ 0
Bartow, Georgia 2 $ 320,000 $ 160,000 $ 35,000
Walton, Georgia 2 $ 190,000 $ 95,000 $ 21,000
Mono, California 1 $ 355,000 $ 355,000 $ 0
Placer, California 1 $ 515,000 $ 515,000 $ 0
San Joaquin, California 1 $ 135,000 $ 135,000 $ 63,000
Santa Cruz, California 1 $ 125,000 $ 125,000 $ 192,000
Sutter, California 1 $ 255,000 $ 255,000 $ 0
Coweta, Georgia 1 $ 65,000 $ 65,000 $ 36,000
Spalding, Georgia 1 $ 165,000 $ 165,000 $ 35,000
Essex, Massachusetts 1 $ 545,000 $ 545,000 $ 0
Hampden, Massachusetts 1 $ 215,000 $ 215,000 $ 0
Carson City, Nevada 1 $ 565,000 $ 565,000 $ 0
Washoe, Nevada 1 $ 225,000 $ 225,000 $ 0
Bexar, Texas 1 $ 3,005,000 $ 3,005,000 $ 0
Brazoria, Texas 1 $ 85,000 $ 85,000 $ 35,000
Galveston, Texas 1 $ 75,000 $ 75,000 $ 29,000
Hunt, Texas 1 $ 115,000 $ 115,000 $ 0
Salt Lake, Utah 1 $ 3,305,000 $ 3,305,000 $ 0

Mortgage Loan Application Detail Totals for East West Bank in 2018

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 4,029 $2,136,230,000 $530,000 $55,325,000 $81,000 $2,388,000
Cash-out Refinancing 1,034 $552,790,000 $534,000 $7,005,000 $63,000 $500,000
Refinancing 705 $469,105,000 $665,000 $33,005,000 $72,000 $1,075,000
Other Purpose 523 $210,485,000 $402,000 $3,005,000 $86,000 $1,122,000
Home Improvement 320 $136,230,000 $425,000 $5,005,000 $118,000 $960,000
Not Applicable 139 $22,475,000 $161,000 $835,000 $32,000 $56,000

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 4,771 $2,358,515,000 $494,000 $7,005,000 $108,000 $2,388,000
White 593 $277,455,000 $467,000 $4,225,000 $67,000 $1,122,000
Not applicable 519 $627,170,000 $1,210,000 $55,325,000 $0 $0
Hispanic 355 $93,175,000 $262,000 $1,525,000 $62,000 $1,617,000
Not Provided 270 $102,940,000 $381,000 $1,805,000 $51,000 $215,000
Black or African American 198 $51,850,000 $261,000 $2,145,000 $59,000 $500,000
Native Hawaiian or Other Pacific Islander 18 $6,710,000 $372,000 $1,445,000 $80,000 $150,000
American Indian or Alaskan Native 6 $1,990,000 $331,000 $605,000 $31,000 $35,000

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) 6,750 $3,527,315,000 $522,000 $55,325,000 $71,000 $2,388,000
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 5,076 $2,848,545,000 $561,000 $55,325,000 $91,000 $1,617,000
Application Withdrawn By Applicant 559 $283,975,000 $508,000 $4,225,000 $173,000 $2,388,000
Loan Purchased By The Institution 481 $68,425,000 $142,000 $835,000 $32,000 $60,000
Application Denied By Financial Institution 412 $209,770,000 $509,000 $3,385,000 $81,000 $400,000
Application Approved But Not Accepted 172 $88,870,000 $516,000 $4,275,000 $64,000 $114,000
File Closed For Incompleteness 46 $26,400,000 $573,000 $1,525,000 $221,000 $1,108,000
Preapproval Denied by Financial Institution 4 $1,330,000 $332,000 $615,000 $65,000 $154,000
Preapproval Approved but not Accepted 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 6,334 $3,316,215,000 $523,000 $55,325,000 $70,000 $2,388,000
Collateral 161 $81,925,000 $508,000 $2,505,000 $115,000 $400,000
Credit History 90 $41,280,000 $458,000 $1,505,000 $83,000 $300,000
Debt-To-Income Ratio 89 $42,735,000 $480,000 $3,385,000 $63,000 $247,000
Other 44 $23,990,000 $545,000 $2,005,000 $91,000 $190,000
Unverifiable Information 30 $19,990,000 $666,000 $1,505,000 $170,000 $273,000
Employment History 2 $1,180,000 $590,000 $875,000 $54,000 $94,000
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into East West Bank's 2018 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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