East West Bank Mortgage Lending & HMDA Data, 2023

In 2023, East West Bank of Pasadena, CA reported 9,425 mortgage applications totaling $5.2 billion, down 14% from 2022. The average application was for $547,268, and applicants reported an average income of $110,871. 65% of its applications resulted in an originated loan and 8% were denied. Its largest markets were New York-Jersey City-White Plains, NY-NJ (1,942), Los Angeles-Long Beach-Glendale, CA (1,521) and Las Vegas-Henderson-Paradise, NV (897) (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 9,425
Total Mortgage Loan Application Amount $5,158,005,000
Average Mortgage Loan Application Amount $547,268
Highest Mortgage Loan Application Amount $43,005,000
Average Applicant Income $110,871
Highest Applicant Income $9,516,000

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Act (HMDA) records East West Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2023

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 1,521 $ 1,090,575,000 $ 717,011 $ 117,000
Queens, New York 994 $ 433,120,000 $ 435,734 $ 82,000
Clark, Nevada 897 $ 273,095,000 $ 304,453 $ 79,000
Orange, California 721 $ 619,765,000 $ 859,590 $ 161,000
San Bernardino, California 509 $ 210,355,000 $ 413,271 $ 90,000
Kings, New York 434 $ 224,600,000 $ 517,511 $ 96,000
Richmond, New York 368 $ 130,670,000 $ 355,081 $ 50,000
Gwinnett, Georgia 341 $ 102,355,000 $ 300,161 $ 76,000
King, Washington 298 $ 172,230,000 $ 577,953 $ 104,000
Riverside, California 288 $ 119,620,000 $ 415,347 $ 111,000
Harris, Texas 258 $ 68,270,000 $ 264,612 $ 78,000
Alameda, California 245 $ 147,945,000 $ 603,857 $ 154,000
Santa Clara, California 211 $ 191,385,000 $ 907,037 $ 176,000
Sacramento, California 210 $ 66,520,000 $ 316,761 $ 84,000
San Diego, California 188 $ 128,360,000 $ 682,765 $ 120,000
Contra Costa, California 182 $ 98,720,000 $ 542,417 $ 115,000
San Francisco, California 163 $ 110,695,000 $ 679,110 $ 663,000
San Mateo, California 157 $ 137,305,000 $ 874,554 $ 223,000
Middlesex, Massachusetts 130 $ 82,300,000 $ 633,076 $ 73,000
Fort Bend, Texas 130 $ 36,120,000 $ 277,846 $ 92,000
Norfolk, Massachusetts 119 $ 57,405,000 $ 482,394 $ 59,000
Dallas, Texas 107 $ 32,595,000 $ 304,626 $ 201,000
New York, New York 84 $ 89,730,000 $ 1,068,214 $ 45,000
Cobb, Georgia 72 $ 19,930,000 $ 276,805 $ 70,000
DeKalb, Georgia 68 $ 19,970,000 $ 293,676 $ 102,000
Fulton, Georgia 59 $ 16,275,000 $ 275,847 $ 85,000
Bronx, New York 56 $ 17,570,000 $ 313,750 $ 115,000
Suffolk, Massachusetts 52 $ 28,930,000 $ 556,346 $ 198,000
Collin, Texas 47 $ 13,765,000 $ 292,872 $ 140,000
Snohomish, Washington 44 $ 20,930,000 $ 475,681 $ 124,000
Forsyth, Georgia 36 $ 13,690,000 $ 380,277 $ 109,000
Barrow, Georgia 33 $ 9,175,000 $ 278,030 $ 86,000
Nassau, New York 32 $ 13,310,000 $ 415,937 $ 142,000
Denton, Texas 28 $ 5,650,000 $ 201,785 $ 75,000
Clayton, Georgia 22 $ 3,190,000 $ 145,000 $ 60,000
Paulding, Georgia 20 $ 6,290,000 $ 314,500 $ 69,000
Pierce, Washington 20 $ 8,330,000 $ 416,500 $ 94,000
Cherokee, Georgia 18 $ 4,980,000 $ 276,666 $ 67,000
Montgomery, Texas 18 $ 4,080,000 $ 226,666 $ 70,000
Douglas, Georgia 17 $ 4,545,000 $ 267,352 $ 66,000
Brazoria, Texas 15 $ 2,035,000 $ 135,666 $ 0
Henry, Georgia 14 $ 3,090,000 $ 220,714 $ 66,000
Tarrant, Texas 14 $ 4,520,000 $ 322,857 $ 55,000
Ventura, California 13 $ 6,855,000 $ 527,307 $ 0
Hall, Georgia 12 $ 3,070,000 $ 255,833 $ 90,000
Suffolk, New York 12 $ 1,850,000 $ 154,166 $ 100,000
Jackson, Georgia 10 $ 2,710,000 $ 271,000 $ 80,000
Fayette, Georgia 6 $ 1,710,000 $ 285,000 $ 64,000
Worcester, Massachusetts 6 $ 1,890,000 $ 315,000 $ 0
Bartow, Georgia 5 $ 1,265,000 $ 253,000 $ 86,000
Liberty, Georgia 5 $ 645,000 $ 129,000 $ 21,000
Walton, Georgia 5 $ 1,825,000 $ 365,000 $ 85,000
Nye, Nevada 5 $ 965,000 $ 193,000 $ 0
Kern, California 4 $ 13,130,000 $ 3,282,500 $ 0
San Joaquin, California 4 $ 33,220,000 $ 8,305,000 $ 0
Rockdale, Georgia 4 $ 730,000 $ 182,500 $ 54,000
Westchester, New York 4 $ 1,250,000 $ 312,500 $ 0
Travis, Texas 4 $ 3,000,000 $ 750,000 $ 0
Waller, Texas 4 $ 31,460,000 $ 7,865,000 $ 0
Placer, California 3 $ 1,705,000 $ 568,333 $ 82,000
Santa Barbara, California 3 $ 5,335,000 $ 1,778,333 $ 430,000
Santa Cruz, California 3 $ 2,055,000 $ 685,000 $ 49,000
Sonoma, California 3 $ 3,545,000 $ 1,181,666 $ 325,000
Dawson, Georgia 3 $ 635,000 $ 211,666 $ 0
Newton, Georgia 3 $ 735,000 $ 245,000 $ 46,000
Barnstable, Massachusetts 3 $ 1,585,000 $ 528,333 $ 300,000
Plymouth, Massachusetts 3 $ 1,425,000 $ 475,000 $ 186,000
Williamson, Texas 3 $ 1,105,000 $ 368,333 $ 0
Maricopa, Arizona 2 $ 12,860,000 $ 6,430,000 $ 0
Marin, California 2 $ 1,320,000 $ 660,000 $ 0
Monterey, California 2 $ 3,980,000 $ 1,990,000 $ 0
Solano, California 2 $ 27,730,000 $ 13,865,000 $ 88,000
Stanislaus, California 2 $ 30,290,000 $ 15,145,000 $ 347,000
Yolo, California 2 $ 600,000 $ 300,000 $ 89,000
Spalding, Georgia 2 $ 490,000 $ 245,000 $ 70,000
Bristol, Massachusetts 2 $ 110,000 $ 55,000 $ 0
Hampden, Massachusetts 2 $ 540,000 $ 270,000 $ 0
Washoe, Nevada 2 $ 33,260,000 $ 16,630,000 $ 0
Rockland, New York 2 $ 890,000 $ 445,000 $ 0
Bastrop, Texas 2 $ 530,000 $ 265,000 $ 0
Pima, Arizona 1 $ 43,005,000 $ 43,005,000 $ 0
Nevada, California 1 $ 665,000 $ 665,000 $ 2,177,000
San Luis Obispo, California 1 $ 895,000 $ 895,000 $ 876,000
Tulare, California 1 $ 3,205,000 $ 3,205,000 $ 0
Yuba, California 1 $ 355,000 $ 355,000 $ 89,000
Broomfield, Colorado 1 $ 495,000 $ 495,000 $ 212,000
Denver, Colorado 1 $ 215,000 $ 215,000 $ 30,000
Douglas, Colorado 1 $ 505,000 $ 505,000 $ 208,000
El Paso, Colorado 1 $ 245,000 $ 245,000 $ 28,000
Bibb, Georgia 1 $ 8,005,000 $ 8,005,000 $ 0
Chatham, Georgia 1 $ 415,000 $ 415,000 $ 581,000
Columbia, Georgia 1 $ 165,000 $ 165,000 $ 0
Coweta, Georgia 1 $ 105,000 $ 105,000 $ 271,000
Heard, Georgia 1 $ 285,000 $ 285,000 $ 0
Richmond, Georgia 1 $ 15,000 $ 15,000 $ 0
Essex, Massachusetts 1 $ 285,000 $ 285,000 $ 76,000
Hampshire, Massachusetts 1 $ 195,000 $ 195,000 $ 0
Rockingham, New Hampshire 1 $ 695,000 $ 695,000 $ 0
Hunterdon, New Jersey 1 $ 275,000 $ 275,000 $ 94,000
Middlesex, New Jersey 1 $ 15,000 $ 15,000 $ 0
Ocean, New Jersey 1 $ 255,000 $ 255,000 $ 1,034,000
Union, New Jersey 1 $ 265,000 $ 265,000 $ 71,000
Oklahoma, Oklahoma 1 $ 13,205,000 $ 13,205,000 $ 0
Bexar, Texas 1 $ 155,000 $ 155,000 $ 0
Galveston, Texas 1 $ 895,000 $ 895,000 $ 463,000
Hunt, Texas 1 $ 125,000 $ 125,000 $ 46,000
Jefferson, Texas 1 $ 435,000 $ 435,000 $ 0
Kaufman, Texas 1 $ 285,000 $ 285,000 $ 0
Llano, Texas 1 $ 1,285,000 $ 1,285,000 $ 567,000
Grant, Washington 1 $ 475,000 $ 475,000 $ 32,000
Kitsap, Washington 1 $ 295,000 $ 295,000 $ 94,000

Mortgage Loan Application Detail Totals for East West Bank in 2023

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 7,148 $3,909,240,000 $546,000 $33,005,000 $108,000 $9,516,000
Other Purpose 715 $207,295,000 $289,000 $3,005,000 $85,000 $600,000
Cash-out Refinancing 639 $367,945,000 $575,000 $15,505,000 $103,000 $746,000
Refinancing 563 $512,205,000 $909,000 $43,005,000 $143,000 $2,177,000
Home Improvement 360 $161,320,000 $448,000 $7,005,000 $183,000 $3,670,000
Not Applicable 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
Asian 5,213 $2,889,015,000 $554,000 $6,705,000 $134,000 $9,516,000
Hispanic 2,151 $748,355,000 $347,000 $1,505,000 $88,000 $3,670,000
Not Provided 619 $348,105,000 $562,000 $6,605,000 $162,000 $1,800,000
White 610 $331,000,000 $542,000 $7,005,000 $179,000 $9,505,000
Not applicable 566 $768,040,000 $1,356,000 $43,005,000 $0 $0
Black or African American 235 $57,305,000 $243,000 $1,085,000 $89,000 $798,000
Native Hawaiian or Other Pacific Islander 7 $2,855,000 $407,000 $1,055,000 $92,000 $194,000
American Indian or Alaskan Native 6 $2,740,000 $456,000 $715,000 $111,000 $232,000

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) 9,425 $5,158,005,000 $547,000 $43,005,000 $107,000 $9,516,000
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 6,118 $3,601,280,000 $588,000 $43,005,000 $83,000 $234,000
Loan Purchased By The Institution 1,132 $474,660,000 $419,000 $2,105,000 $126,000 $2,177,000
Application Withdrawn By Applicant 942 $532,850,000 $565,000 $6,005,000 $142,000 $9,516,000
Application Denied By Financial Institution 757 $342,865,000 $452,000 $5,955,000 $82,000 $432,000
Application Approved But Not Accepted 242 $98,040,000 $405,000 $9,525,000 $85,000 $181,000
File Closed For Incompleteness 234 $108,310,000 $462,000 $3,005,000 $145,000 $3,670,000
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 8,668 $4,815,140,000 $555,000 $43,005,000 $110,000 $9,516,000
Credit History 195 $83,345,000 $427,000 $2,845,000 $86,000 $162,000
Other 172 $78,360,000 $455,000 $5,955,000 $100,000 $253,000
Collateral 152 $74,050,000 $487,000 $2,845,000 $120,000 $432,000
Debt-To-Income Ratio 130 $54,840,000 $421,000 $1,045,000 $63,000 $191,000
Unverifiable Information 108 $52,270,000 $483,000 $1,965,000 $98,000 $190,000
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 2023 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.
For a list of all lenders in California, download the full spreadsheet with aggregated HMDA statistics today.

Download the California Lender List