East West Bank Mortgage Lending & HMDA Data, 2021

In 2021, East West Bank of Pasadena, CA reported 11,105 mortgage applications totaling $6.2 billion, up 22% from 2020. The average application was for $556,914, and applicants reported an average income of $93,863. 67% of its applications resulted in an originated loan and 6% were denied. Its largest markets were New York-Jersey City-White Plains, NY-NJ (3,058), Los Angeles-Long Beach-Glendale, CA (2,237) and Riverside-San Bernardino-Ontario, CA (987) (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 11,105
Total Mortgage Loan Application Amount $6,184,535,000
Average Mortgage Loan Application Amount $556,914
Highest Mortgage Loan Application Amount $54,005,000
Average Applicant Income $93,863
Highest Applicant Income $6,053,000

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Act (HMDA) records East West Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2021

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 2,237 $ 1,455,675,000 $ 650,726 $ 95,000
Queens, New York 1,793 $ 875,255,000 $ 488,151 $ 61,000
Orange, California 876 $ 562,180,000 $ 641,757 $ 97,000
San Bernardino, California 734 $ 264,330,000 $ 360,122 $ 65,000
Kings, New York 683 $ 398,925,000 $ 584,077 $ 80,000
King, Washington 502 $ 349,990,000 $ 697,191 $ 112,000
Richmond, New York 373 $ 135,485,000 $ 363,230 $ 50,000
Clark, Nevada 333 $ 75,475,000 $ 226,651 $ 45,000
Santa Clara, California 327 $ 277,635,000 $ 849,036 $ 139,000
Alameda, California 319 $ 171,375,000 $ 537,225 $ 104,000
San Francisco, California 289 $ 185,975,000 $ 643,512 $ 119,000
Riverside, California 253 $ 104,355,000 $ 412,470 $ 69,000
San Mateo, California 218 $ 159,020,000 $ 729,449 $ 88,000
Fulton, Georgia 174 $ 45,000,000 $ 258,620 $ 98,000
Harris, Texas 156 $ 169,420,000 $ 1,086,025 $ 67,000
San Diego, California 152 $ 90,790,000 $ 597,302 $ 181,000
Gwinnett, Georgia 151 $ 30,995,000 $ 205,264 $ 66,000
DeKalb, Georgia 141 $ 31,925,000 $ 226,418 $ 102,000
New York, New York 138 $ 114,070,000 $ 826,594 $ 124,000
Middlesex, Massachusetts 135 $ 75,235,000 $ 557,296 $ 83,000
Contra Costa, California 124 $ 56,600,000 $ 456,451 $ 98,000
Fort Bend, Texas 116 $ 23,920,000 $ 206,206 $ 55,000
Sacramento, California 115 $ 30,545,000 $ 265,608 $ 60,000
Cobb, Georgia 81 $ 20,655,000 $ 255,000 $ 85,000
Norfolk, Massachusetts 76 $ 31,520,000 $ 414,736 $ 79,000
Suffolk, Massachusetts 72 $ 37,280,000 $ 517,777 $ 105,000
Bronx, New York 67 $ 29,275,000 $ 436,940 $ 93,000
Snohomish, Washington 48 $ 19,880,000 $ 414,166 $ 127,000
Nassau, New York 37 $ 18,265,000 $ 493,648 $ 92,000
Collin, Texas 36 $ 55,430,000 $ 1,539,722 $ 51,000
Cherokee, Georgia 31 $ 7,845,000 $ 253,064 $ 62,000
Forsyth, Georgia 27 $ 6,065,000 $ 224,629 $ 56,000
Henry, Georgia 22 $ 4,230,000 $ 192,272 $ 71,000
Dallas, Texas 20 $ 5,770,000 $ 288,500 $ 60,000
Paulding, Georgia 19 $ 4,615,000 $ 242,894 $ 55,000
Clayton, Georgia 17 $ 2,565,000 $ 150,882 $ 100,000
Ventura, California 15 $ 11,715,000 $ 781,000 $ 203,000
Barrow, Georgia 15 $ 2,995,000 $ 199,666 $ 58,000
Douglas, Georgia 12 $ 2,440,000 $ 203,333 $ 56,000
Rockdale, Georgia 11 $ 2,585,000 $ 235,000 $ 85,000
Bartow, Georgia 10 $ 2,330,000 $ 233,000 $ 92,000
Suffolk, New York 10 $ 2,420,000 $ 242,000 $ 85,000
Rockwall, Texas 10 $ 2,160,000 $ 216,000 $ 0
Fayette, Georgia 9 $ 1,515,000 $ 168,333 $ 61,000
Kern, California 7 $ 16,735,000 $ 2,390,714 $ 62,000
Marin, California 7 $ 6,535,000 $ 933,571 $ 253,000
Spalding, Georgia 7 $ 1,475,000 $ 210,714 $ 183,000
Denton, Texas 7 $ 2,545,000 $ 363,571 $ 28,000
Maricopa, Arizona 6 $ 35,860,000 $ 5,976,666 $ 300,000
Santa Barbara, California 6 $ 3,910,000 $ 651,666 $ 250,000
San Joaquin, California 5 $ 1,205,000 $ 241,000 $ 74,000
Stanislaus, California 5 $ 1,355,000 $ 271,000 $ 77,000
Solano, California 4 $ 1,370,000 $ 342,500 $ 103,000
Hall, Georgia 4 $ 590,000 $ 147,500 $ 120,000
Carson City, Nevada 3 $ 255,000 $ 85,000 $ 73,000
Westchester, New York 3 $ 2,635,000 $ 878,333 $ 0
Galveston, Texas 3 $ 535,000 $ 178,333 $ 56,000
Kaufman, Texas 3 $ 505,000 $ 168,333 $ 0
Montgomery, Texas 3 $ 975,000 $ 325,000 $ 90,000
Benton, Arkansas 2 $ 19,180,000 $ 9,590,000 $ 0
Jackson, Georgia 2 $ 310,000 $ 155,000 $ 0
Newton, Georgia 2 $ 350,000 $ 175,000 $ 64,000
Plymouth, Massachusetts 2 $ 610,000 $ 305,000 $ 0
Dutchess, New York 2 $ 260,000 $ 130,000 $ 0
Brazoria, Texas 2 $ 310,000 $ 155,000 $ 0
Liberty, Texas 2 $ 350,000 $ 175,000 $ 106,000
Tarrant, Texas 2 $ 1,770,000 $ 885,000 $ 0
El Dorado, California 1 $ 485,000 $ 485,000 $ 0
Fresno, California 1 $ 655,000 $ 655,000 $ 0
Monterey, California 1 $ 305,000 $ 305,000 $ 0
Sonoma, California 1 $ 1,415,000 $ 1,415,000 $ 488,000
Yolo, California 1 $ 345,000 $ 345,000 $ 0
Yuba, California 1 $ 215,000 $ 215,000 $ 0
Bibb, Georgia 1 $ 65,000 $ 65,000 $ 0
Glynn, Georgia 1 $ 915,000 $ 915,000 $ 694,000
Gordon, Georgia 1 $ 125,000 $ 125,000 $ 18,000
Muscogee, Georgia 1 $ 35,000 $ 35,000 $ 42,000
Polk, Georgia 1 $ 245,000 $ 245,000 $ 65,000
Stephens, Georgia 1 $ 335,000 $ 335,000 $ 0
Cook, Illinois 1 $ 2,215,000 $ 2,215,000 $ 667,000
Essex, Massachusetts 1 $ 325,000 $ 325,000 $ 0
Hampden, Massachusetts 1 $ 245,000 $ 245,000 $ 73,000
Washtenaw, Michigan 1 $ 36,205,000 $ 36,205,000 $ 0
Missoula, Montana 1 $ 22,565,000 $ 22,565,000 $ 0
Washoe, Nevada 1 $ 2,285,000 $ 2,285,000 $ 583,000
Bergen, New Jersey 1 $ 915,000 $ 915,000 $ 0
Mercer, New Jersey 1 $ 555,000 $ 555,000 $ 0
Monmouth, New Jersey 1 $ 1,015,000 $ 1,015,000 $ 214,000
Somerset, New Jersey 1 $ 835,000 $ 835,000 $ 260,000
Orange, New York 1 $ 155,000 $ 155,000 $ 0
Washington, Oregon 1 $ 21,495,000 $ 21,495,000 $ 0
Sumner, Tennessee 1 $ 28,905,000 $ 28,905,000 $ 0
Hunt, Texas 1 $ 675,000 $ 675,000 $ 0
Jefferson, Texas 1 $ 145,000 $ 145,000 $ 64,000
Smith, Texas 1 $ 185,000 $ 185,000 $ 48,000
Benton, Washington 1 $ 255,000 $ 255,000 $ 49,000
Clark, Washington 1 $ 3,155,000 $ 3,155,000 $ 0
Island, Washington 1 $ 1,505,000 $ 1,505,000 $ 0
Pierce, Washington 1 $ 405,000 $ 405,000 $ 84,000

Mortgage Loan Application Detail Totals for East West Bank in 2021

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 6,050 $3,535,460,000 $584,000 $36,205,000 $99,000 $2,620,000
Refinancing 2,184 $1,248,990,000 $571,000 $54,005,000 $93,000 $6,053,000
Cash-out Refinancing 1,456 $752,460,000 $516,000 $4,505,000 $72,000 $900,000
Other Purpose 867 $386,455,000 $445,000 $3,005,000 $92,000 $701,000
Home Improvement 537 $259,105,000 $482,000 $2,505,000 $102,000 $600,000
Not Applicable 11 $2,065,000 $187,000 $375,000 $84,000 $198,000

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 7,333 $3,854,905,000 $525,000 $4,505,000 $105,000 $6,053,000
White 968 $490,530,000 $506,000 $5,505,000 $104,000 $1,800,000
Hispanic 919 $245,435,000 $267,000 $2,105,000 $68,000 $461,000
Not Provided 801 $410,865,000 $512,000 $3,005,000 $93,000 $780,000
Not applicable 676 $1,056,140,000 $1,562,000 $54,005,000 $0 $0
Black or African American 288 $71,700,000 $248,000 $2,035,000 $83,000 $398,000
American Indian or Alaskan Native 8 $1,750,000 $218,000 $405,000 $102,000 $364,000
Native Hawaiian or Other Pacific Islander 5 $1,945,000 $389,000 $605,000 $143,000 $180,000

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) 11,105 $6,184,535,000 $556,000 $54,005,000 $90,000 $6,053,000
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 7,460 $4,616,360,000 $618,000 $54,005,000 $72,000 $398,000
Loan Purchased By The Institution 1,730 $542,560,000 $313,000 $2,285,000 $81,000 $1,746,000
Application Withdrawn By Applicant 881 $478,795,000 $543,000 $4,505,000 $163,000 $6,053,000
Application Denied By Financial Institution 682 $381,570,000 $559,000 $5,505,000 $84,000 $1,425,000
Application Approved But Not Accepted 275 $129,025,000 $469,000 $3,005,000 $43,000 $85,000
File Closed For Incompleteness 77 $36,225,000 $470,000 $4,505,000 $196,000 $1,800,000
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 10,423 $5,802,965,000 $556,000 $54,005,000 $90,000 $6,053,000
Collateral 203 $131,245,000 $646,000 $5,505,000 $162,000 $1,425,000
Other 199 $107,325,000 $539,000 $4,505,000 $72,000 $606,000
Credit History 156 $84,510,000 $541,000 $2,805,000 $82,000 $213,000
Unverifiable Information 67 $40,665,000 $606,000 $2,505,000 $132,000 $394,000
Debt-To-Income Ratio 57 $17,825,000 $312,000 $1,205,000 $47,000 $118,000
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
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into East West Bank's 2021 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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