East West Bank Mortgage Lending & HMDA Data, 2020

In 2020, East West Bank of Pasadena, CA reported 9,066 mortgage applications totaling $4.7 billion, up 21% from 2019. The average application was for $519,544, and applicants reported an average income of $118,859. 68% of its applications resulted in an originated loan and 9% were denied. Its largest markets were New York-Jersey City-White Plains, NY-NJ (2,093), Los Angeles-Long Beach-Glendale, CA (2,071) and Anaheim-Santa Ana-Irvine, CA (844) (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 9,066
Total Mortgage Loan Application Amount $4,710,190,000
Average Mortgage Loan Application Amount $519,544
Highest Mortgage Loan Application Amount $13,805,000
Average Applicant Income $118,859
Highest Applicant Income $3,500,000

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Act (HMDA) records East West Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 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 2,071 $ 1,232,035,000 $ 594,898 $ 127,000
Queens, New York 1,263 $ 650,135,000 $ 514,754 $ 95,000
Orange, California 844 $ 531,890,000 $ 630,201 $ 123,000
San Bernardino, California 577 $ 215,675,000 $ 373,786 $ 75,000
King, Washington 488 $ 280,200,000 $ 574,180 $ 87,000
Kings, New York 445 $ 261,175,000 $ 586,910 $ 96,000
Clark, Nevada 317 $ 66,455,000 $ 209,637 $ 92,000
Alameda, California 310 $ 150,220,000 $ 484,580 $ 144,000
Riverside, California 266 $ 88,610,000 $ 333,120 $ 123,000
Santa Clara, California 254 $ 221,470,000 $ 871,929 $ 234,000
San Francisco, California 253 $ 181,225,000 $ 716,304 $ 240,000
Richmond, New York 209 $ 77,835,000 $ 372,416 $ 61,000
San Diego, California 185 $ 98,395,000 $ 531,864 $ 101,000
San Mateo, California 150 $ 117,490,000 $ 783,266 $ 136,000
Harris, Texas 121 $ 36,815,000 $ 304,256 $ 80,000
Middlesex, Massachusetts 111 $ 56,095,000 $ 505,360 $ 92,000
Fulton, Georgia 106 $ 21,860,000 $ 206,226 $ 98,000
New York, New York 103 $ 93,945,000 $ 912,087 $ 368,000
Contra Costa, California 86 $ 42,750,000 $ 497,093 $ 94,000
Fort Bend, Texas 84 $ 16,120,000 $ 191,904 $ 104,000
Gwinnett, Georgia 80 $ 15,130,000 $ 189,125 $ 62,000
Norfolk, Massachusetts 75 $ 34,895,000 $ 465,266 $ 86,000
Bronx, New York 73 $ 31,235,000 $ 427,876 $ 95,000
Sacramento, California 71 $ 17,945,000 $ 252,746 $ 52,000
DeKalb, Georgia 71 $ 12,165,000 $ 171,338 $ 101,000
Nassau, New York 63 $ 30,935,000 $ 491,031 $ 58,000
Suffolk, Massachusetts 60 $ 33,910,000 $ 565,166 $ 106,000
Collin, Texas 45 $ 9,605,000 $ 213,444 $ 45,000
Snohomish, Washington 39 $ 17,085,000 $ 438,076 $ 125,000
Cobb, Georgia 37 $ 7,985,000 $ 215,810 $ 98,000
Forsyth, Georgia 22 $ 6,120,000 $ 278,181 $ 100,000
Dallas, Texas 21 $ 4,965,000 $ 236,428 $ 55,000
Denton, Texas 16 $ 4,210,000 $ 263,125 $ 135,000
Cherokee, Georgia 15 $ 3,105,000 $ 207,000 $ 61,000
Clayton, Georgia 15 $ 1,275,000 $ 85,000 $ 75,000
Suffolk, New York 13 $ 4,615,000 $ 355,000 $ 70,000
Henry, Georgia 12 $ 1,620,000 $ 135,000 $ 56,000
Rockdale, Georgia 7 $ 1,315,000 $ 187,857 $ 80,000
Marin, California 6 $ 4,310,000 $ 718,333 $ 90,000
Paulding, Georgia 6 $ 1,130,000 $ 188,333 $ 54,000
Kern, California 5 $ 7,125,000 $ 1,425,000 $ 0
Fayette, Georgia 5 $ 1,175,000 $ 235,000 $ 122,000
Montgomery, Texas 5 $ 905,000 $ 181,000 $ 124,000
Spokane, Washington 5 $ 1,065,000 $ 213,000 $ 0
San Joaquin, California 4 $ 1,290,000 $ 322,500 $ 314,000
Jackson, Georgia 4 $ 540,000 $ 135,000 $ 0
Tarrant, Texas 4 $ 730,000 $ 182,500 $ 0
Ventura, California 3 $ 1,935,000 $ 645,000 $ 214,000
Hall, Georgia 3 $ 485,000 $ 161,666 $ 77,000
Brazoria, Texas 3 $ 455,000 $ 151,666 $ 0
Travis, Texas 3 $ 685,000 $ 228,333 $ 0
Barrow, Georgia 2 $ 470,000 $ 235,000 $ 53,000
Douglas, Georgia 2 $ 130,000 $ 65,000 $ 48,000
Newton, Georgia 2 $ 230,000 $ 115,000 $ 121,000
Essex, Massachusetts 2 $ 1,110,000 $ 555,000 $ 0
Orange, New York 2 $ 380,000 $ 190,000 $ 69,000
Galveston, Texas 2 $ 450,000 $ 225,000 $ 65,000
Placer, California 1 $ 285,000 $ 285,000 $ 0
Santa Barbara, California 1 $ 1,195,000 $ 1,195,000 $ 0
Shasta, California 1 $ 165,000 $ 165,000 $ 0
Solano, California 1 $ 495,000 $ 495,000 $ 161,000
Stanislaus, California 1 $ 555,000 $ 555,000 $ 104,000
Tulare, California 1 $ 145,000 $ 145,000 $ 0
Yolo, California 1 $ 265,000 $ 265,000 $ 68,000
Clarke, Georgia 1 $ 125,000 $ 125,000 $ 0
Troup, Georgia 1 $ 55,000 $ 55,000 $ 66,000
Walton, Georgia 1 $ 35,000 $ 35,000 $ 36,000
Essex, New Jersey 1 $ 545,000 $ 545,000 $ 0
Dutchess, New York 1 $ 125,000 $ 125,000 $ 39,000
Grayson, Texas 1 $ 105,000 $ 105,000 $ 0
Johnson, Texas 1 $ 135,000 $ 135,000 $ 0
Kaufman, Texas 1 $ 155,000 $ 155,000 $ 0
Liberty, Texas 1 $ 185,000 $ 185,000 $ 68,000
Clark, Washington 1 $ 255,000 $ 255,000 $ 0
Island, Washington 1 $ 1,505,000 $ 1,505,000 $ 0
Mason, Washington 1 $ 115,000 $ 115,000 $ 0
Whatcom, Washington 1 $ 635,000 $ 635,000 $ 0

Mortgage Loan Application Detail Totals for East West Bank 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
Home Purchase 4,903 $2,545,105,000 $519,000 $12,005,000 $121,000 $3,500,000
Refinancing 1,983 $1,077,625,000 $543,000 $13,805,000 $107,000 $1,243,000
Cash-out Refinancing 1,218 $668,500,000 $548,000 $5,005,000 $108,000 $2,296,000
Other Purpose 617 $256,185,000 $415,000 $5,005,000 $99,000 $737,000
Home Improvement 331 $158,265,000 $478,000 $5,005,000 $238,000 $1,830,000
Not Applicable 14 $4,510,000 $322,000 $1,505,000 $52,000 $103,000

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 6,508 $3,297,050,000 $506,000 $6,085,000 $130,000 $1,830,000
White 770 $399,450,000 $518,000 $5,005,000 $105,000 $630,000
Not applicable 606 $556,380,000 $918,000 $13,805,000 $0 $0
Hispanic 471 $141,795,000 $301,000 $3,605,000 $88,000 $2,296,000
Not Provided 339 $170,165,000 $501,000 $2,005,000 $148,000 $3,500,000
Black or African American 155 $40,005,000 $258,000 $1,305,000 $91,000 $298,000
Native Hawaiian or Other Pacific Islander 6 $1,950,000 $325,000 $635,000 $106,000 $119,000
American Indian or Alaskan Native 4 $1,590,000 $397,000 $535,000 $129,000 $169,000

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) 9,066 $4,710,190,000 $519,000 $13,805,000 $114,000 $3,500,000
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 6,162 $3,326,310,000 $539,000 $13,805,000 $113,000 $737,000
Application Withdrawn By Applicant 924 $485,670,000 $525,000 $6,505,000 $171,000 $3,500,000
Application Denied By Financial Institution 847 $458,825,000 $541,000 $5,005,000 $86,000 $756,000
Loan Purchased By The Institution 712 $225,380,000 $316,000 $1,505,000 $85,000 $630,000
Application Approved But Not Accepted 356 $173,320,000 $486,000 $2,305,000 $175,000 $513,000
File Closed For Incompleteness 65 $40,685,000 $625,000 $3,505,000 $228,000 $1,830,000
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
Not applicable 8,219 $4,251,365,000 $517,000 $13,805,000 $117,000 $3,500,000
Credit History 243 $152,285,000 $626,000 $5,005,000 $135,000 $400,000
Other 228 $125,120,000 $548,000 $3,005,000 $100,000 $225,000
Collateral 183 $97,875,000 $534,000 $3,605,000 $128,000 $298,000
Debt-To-Income Ratio 103 $33,185,000 $322,000 $1,195,000 $65,000 $756,000
Unverifiable Information 90 $50,360,000 $559,000 $2,005,000 $113,000 $270,000
Credit Application Incomplete 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 East West Bank'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 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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