East West Bank Mortgage Lending & HMDA Data, 2022

In 2022, East West Bank of Pasadena, CA reported 11,009 mortgage applications totaling $7.1 billion, down 1% from 2021. The average application was for $647,667, and applicants reported an average income of $98,108. 70% of its applications resulted in an originated loan and 7% were denied. Its largest markets were New York-Jersey City-White Plains, NY-NJ (2,855), Los Angeles-Long Beach-Glendale, CA (2,061) and Riverside-San Bernardino-Ontario, CA (977) (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 11,009
Total Mortgage Loan Application Amount $7,130,175,000
Average Mortgage Loan Application Amount $647,667
Highest Mortgage Loan Application Amount $48,425,000
Average Applicant Income $98,108
Highest Applicant Income $3,600,000

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Act (HMDA) records East West Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Metropolitan Area in 2022

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
New York-Jersey City-White Plains, NY-NJ 2,855 $ 1,559,885,000 $ 546,369 $ 73,000
Los Angeles-Long Beach-Glendale, CA 2,061 $ 1,510,825,000 $ 733,054 $ 94,000
Riverside-San Bernardino-Ontario, CA 977 $ 423,925,000 $ 433,904 $ 87,000
Anaheim-Santa Ana-Irvine, CA 819 $ 648,155,000 $ 791,398 $ 134,000
Las Vegas-Henderson-Paradise, NV 737 $ 193,005,000 $ 261,879 $ 72,000
Seattle-Bellevue-Everett, WA 495 $ 474,955,000 $ 959,505 $ 94,000
Oakland-Hayward-Berkeley, CA 466 $ 260,590,000 $ 559,206 $ 130,000
San Francisco-Redwood City-South San Francisco, CA 433 $ 417,325,000 $ 963,799 $ 158,000
Atlanta-Sandy Springs-Roswell, GA 410 $ 98,990,000 $ 241,439 $ 72,000
Houston-The Woodlands-Sugar Land, TX 399 $ 170,925,000 $ 428,383 $ 63,000
San Jose-Sunnyvale-Santa Clara, CA 296 $ 326,810,000 $ 1,104,087 $ 228,000
San Diego-Carlsbad, CA 190 $ 170,800,000 $ 898,947 $ 263,000
Sacramento--Roseville--Arden-Arcade, CA 184 $ 56,150,000 $ 305,163 $ 90,000
Boston, MA 166 $ 94,300,000 $ 568,072 $ 90,000
Dallas-Plano-Irving, TX 132 $ 84,570,000 $ 640,681 $ 92,000
Cambridge-Newton-Framingham, MA 100 $ 69,400,000 $ 694,000 $ 151,000
Nassau County-Suffolk County, NY 52 $ 34,740,000 $ 668,076 $ 350,000
Stockton-Lodi, CA 33 $ 12,295,000 $ 372,575 $ 80,000
Outside any metro area 24 $ 14,770,000 $ 615,416 $ 144,000
Fort Worth-Arlington, TX 18 $ 4,140,000 $ 230,000 $ 53,000
Modesto, CA 18 $ 5,830,000 $ 323,888 $ 75,000
Vallejo-Fairfield, CA 16 $ 4,960,000 $ 310,000 $ 97,000
Bakersfield, CA 14 $ 36,390,000 $ 2,599,285 $ 38,000
Oxnard-Thousand Oaks-Ventura, CA 11 $ 10,785,000 $ 980,454 $ 330,000
San Rafael, CA 8 $ 8,590,000 $ 1,073,750 $ 441,000
Tacoma-Lakewood, WA 8 $ 2,670,000 $ 333,750 $ 100,000
Santa Maria-Santa Barbara, CA 7 $ 8,265,000 $ 1,180,714 $ 304,000
Austin-Round Rock, TX 5 $ 1,995,000 $ 399,000 $ 240,000
Phoenix-Mesa-Scottsdale, AZ 5 $ 69,225,000 $ 13,845,000 $ 0
Salinas, CA 5 $ 2,305,000 $ 461,000 $ 140,000
Santa Cruz-Watsonville, CA 5 $ 7,085,000 $ 1,417,000 $ 0
Gainesville, GA 4 $ 1,020,000 $ 255,000 $ 0
Salt Lake City, UT 4 $ 62,320,000 $ 15,580,000 $ 0
Santa Rosa, CA 4 $ 8,540,000 $ 2,135,000 $ 823,000
Denver-Aurora-Lakewood, CO 3 $ 3,625,000 $ 1,208,333 $ 346,000
Merced, CA 3 $ 795,000 $ 265,000 $ 0
Tulsa, OK 3 $ 113,015,000 $ 37,671,666 $ 0
Worcester, MA-CT 3 $ 1,145,000 $ 381,666 $ 0
Fresno, CA 2 $ 5,550,000 $ 2,775,000 $ 0
Kennewick-Richland, WA 2 $ 670,000 $ 335,000 $ 98,000
Macon-Bibb County, GA 2 $ 270,000 $ 135,000 $ 86,000
Missoula, MT 2 $ 13,690,000 $ 6,845,000 $ 0
Napa, CA 2 $ 910,000 $ 455,000 $ 0
Portland-Vancouver-Hillsboro, OR-WA 2 $ 14,420,000 $ 7,210,000 $ 0
Reno, NV 2 $ 36,800,000 $ 18,400,000 $ 376,000
San Antonio-New Braunfels, TX 2 $ 45,170,000 $ 22,585,000 $ 0
San Luis Obispo-Paso Robles-Arroyo Grande, CA 2 $ 2,790,000 $ 1,395,000 $ 404,000
Visalia-Porterville, CA 2 $ 690,000 $ 345,000 $ 77,000
Yakima, WA 2 $ 480,000 $ 240,000 $ 37,000
Ann Arbor, MI 1 $ 6,095,000 $ 6,095,000 $ 0
Boulder, CO 1 $ 1,335,000 $ 1,335,000 $ 353,000
Bremerton-Silverdale, WA 1 $ 825,000 $ 825,000 $ 343,000
Eugene, OR 1 $ 4,605,000 $ 4,605,000 $ 0
Flagstaff, AZ 1 $ 995,000 $ 995,000 $ 459,000
Hanford-Corcoran, CA 1 $ 3,425,000 $ 3,425,000 $ 0
Lawton, OK 1 $ 9,815,000 $ 9,815,000 $ 0
Minneapolis-St. Paul-Bloomington, MN-WI 1 $ 655,000 $ 655,000 $ 0
Oklahoma City, OK 1 $ 4,585,000 $ 4,585,000 $ 0
Providence-Warwick, RI-MA 1 $ 165,000 $ 165,000 $ 0
Springfield, MA 1 $ 225,000 $ 225,000 $ 0
Waco, TX 1 $ 165,000 $ 165,000 $ 0
Warner Robins, GA 1 $ 295,000 $ 295,000 $ 0
Yuba City, CA 1 $ 435,000 $ 435,000 $ 0

Mortgage Loan Application Detail Totals for East West Bank in 2022

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 6,874 $4,627,430,000 $673,000 $48,425,000 $94,000 $3,600,000
Cash-out Refinancing 1,441 $1,037,575,000 $720,000 $22,425,000 $106,000 $3,583,000
Refinancing 1,205 $908,395,000 $753,000 $36,005,000 $121,000 $1,970,000
Other Purpose 1,020 $344,840,000 $338,000 $3,005,000 $78,000 $1,004,000
Home Improvement 469 $211,935,000 $451,000 $9,005,000 $119,000 $590,000
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 6,958 $4,216,310,000 $605,000 $26,005,000 $100,000 $3,600,000
Hispanic 1,555 $438,645,000 $282,000 $2,005,000 $72,000 $446,000
Not Provided 777 $506,545,000 $651,000 $3,005,000 $214,000 $2,608,000
Not applicable 767 $1,392,575,000 $1,815,000 $48,425,000 $0 $0
White 700 $492,970,000 $704,000 $8,005,000 $165,000 $3,583,000
Black or African American 194 $61,410,000 $316,000 $2,445,000 $83,000 $435,000
American Indian or Alaskan Native 11 $3,195,000 $290,000 $665,000 $52,000 $82,000
Native Hawaiian or Other Pacific Islander 7 $2,675,000 $382,000 $875,000 $132,000 $203,000

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) 11,009 $7,130,175,000 $647,000 $48,425,000 $97,000 $3,600,000
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 7,731 $5,384,805,000 $696,000 $48,425,000 $73,000 $301,000
Application Withdrawn By Applicant 1,201 $714,115,000 $594,000 $6,005,000 $102,000 $3,600,000
Application Denied By Financial Institution 798 $470,610,000 $589,000 $8,345,000 $84,000 $435,000
Loan Purchased By The Institution 759 $293,955,000 $387,000 $2,965,000 $122,000 $3,583,000
Application Approved But Not Accepted 382 $184,000,000 $481,000 $6,005,000 $77,000 $189,000
File Closed For Incompleteness 138 $82,690,000 $599,000 $8,405,000 $118,000 $977,000
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 10,211 $6,659,565,000 $652,000 $48,425,000 $99,000 $3,600,000
Collateral 239 $142,225,000 $595,000 $7,005,000 $109,000 $435,000
Other 230 $160,750,000 $698,000 $8,345,000 $88,000 $435,000
Credit History 165 $85,475,000 $518,000 $6,005,000 $94,000 $300,000
Unverifiable Information 104 $58,600,000 $563,000 $5,625,000 $78,000 $250,000
Debt-To-Income Ratio 60 $23,560,000 $392,000 $1,005,000 $65,000 $183,000
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 2022 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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