Equity 1 Lenders Group Mortgage Lending & HMDA Data, 2004
In 2004, Equity 1 Lenders Group of Escondido, CA reported 4,848 mortgage applications totaling $1.2 billion, up 2% from 2003. The average application was for $249,785, and applicants reported an average income of $84,239. 54% of its applications resulted in an originated loan and 23% were denied. Its largest markets were San Diego-Carlsbad-San Marcos, CA (1,806), Riverside-San Bernardino-Ontario, CA (673) and Los Angeles-Long Beach-Glendale, CA (664) (applications in parentheses).
| Mortgage Company & Address | Equity 1 Lenders Group 765 N. Escondido Blvd Escondido, CA 92025 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 4,848 |
| Total Mortgage Loan Application Amount | $1,210,962,000 |
| Average Mortgage Loan Application Amount | $249,785 |
| Highest Mortgage Loan Application Amount | $1,000,000 |
| Average Applicant Income | $84,239 |
| Highest Applicant Income | $1,380,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Equity 1 Lenders Group filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| San Diego-Carlsbad-San Marcos, CA | 1,806 | $ 504,443,000 | $ 279,315 | $ 92,000 |
| Riverside-San Bernardino-Ontario, CA | 673 | $ 138,714,000 | $ 206,112 | $ 87,000 |
| Los Angeles-Long Beach-Glendale, CA | 664 | $ 165,739,000 | $ 249,606 | $ 91,000 |
| Santa Ana-Anaheim-Irvine, CA | 305 | $ 90,249,000 | $ 295,898 | $ 106,000 |
| Oakland-Fremont-Hayward, CA | 199 | $ 55,653,000 | $ 279,663 | $ 83,000 |
| Sacramento--Arden-Arcade--Roseville, CA | 162 | $ 31,247,000 | $ 192,882 | $ 75,000 |
| Las Vegas-Paradise, NV | 121 | $ 25,997,000 | $ 214,851 | $ 65,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 104 | $ 28,616,000 | $ 275,153 | $ 97,000 |
| Phoenix-Mesa-Scottsdale, AZ | 76 | $ 11,897,000 | $ 156,539 | $ 66,000 |
| Stockton, CA | 75 | $ 14,724,000 | $ 196,320 | $ 88,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 70 | $ 22,012,000 | $ 314,457 | $ 88,000 |
| San Francisco-San Mateo-Redwood City, CA | 52 | $ 17,519,000 | $ 336,903 | $ 93,000 |
| Bakersfield, CA | 49 | $ 6,733,000 | $ 137,408 | $ 49,000 |
| Fresno, CA | 45 | $ 7,565,000 | $ 168,111 | $ 74,000 |
| Santa Rosa-Petaluma, CA | 39 | $ 9,923,000 | $ 254,435 | $ 57,000 |
| Modesto, CA | 35 | $ 6,531,000 | $ 186,600 | $ 65,000 |
| Santa Barbara-Santa Maria-Goleta, CA | 32 | $ 10,014,000 | $ 312,937 | $ 120,000 |
| Tucson, AZ | 32 | $ 3,568,000 | $ 111,500 | $ 45,000 |
| Denver-Aurora, CO | 30 | $ 5,731,000 | $ 191,033 | $ 66,000 |
| Vallejo-Fairfield, CA | 29 | $ 7,530,000 | $ 259,655 | $ 97,000 |
| Visalia-Porterville, CA | 24 | $ 2,286,000 | $ 95,250 | $ 42,000 |
| Reno-Sparks, NV | 21 | $ 3,564,000 | $ 169,714 | $ 70,000 |
| Napa, CA | 17 | $ 4,104,000 | $ 241,411 | $ 115,000 |
| Merced, CA | 14 | $ 2,915,000 | $ 208,214 | $ 76,000 |
| San Luis Obispo-Paso Robles, CA | 10 | $ 3,185,000 | $ 318,500 | $ 140,000 |
| Yuba City, CA | 9 | $ 1,458,000 | $ 162,000 | $ 76,000 |
| El Centro, CA | 8 | $ 1,243,000 | $ 155,375 | $ 76,000 |
| Salinas, CA | 8 | $ 2,499,000 | $ 312,375 | $ 85,000 |
| Chico, CA | 7 | $ 1,125,000 | $ 160,714 | $ 56,000 |
| Greeley, CO | 7 | $ 1,100,000 | $ 157,142 | $ 60,000 |
| Redding, CA | 7 | $ 1,220,000 | $ 174,285 | $ 62,000 |
| Santa Cruz-Watsonville, CA | 6 | $ 2,720,000 | $ 453,333 | $ 90,000 |
| Seattle-Bellevue-Everett, WA | 6 | $ 1,174,000 | $ 195,666 | $ 40,000 |
| Tacoma, WA | 6 | $ 838,000 | $ 139,666 | $ 73,000 |
| Colorado Springs, CO | 5 | $ 590,000 | $ 118,000 | $ 12,000 |
| Fort Collins-Loveland, CO | 5 | $ 924,000 | $ 184,800 | $ 68,000 |
| Pueblo, CO | 5 | $ 406,000 | $ 81,200 | $ 33,000 |
| Madera, CA | 4 | $ 519,000 | $ 129,750 | $ 22,000 |
| Yuma, AZ | 3 | $ 132,000 | $ 44,000 | $ 12,000 |
| Albuquerque, NM | 2 | $ 140,000 | $ 70,000 | $ 46,000 |
| Boulder, CO | 2 | $ 786,000 | $ 393,000 | $ 117,000 |
| Hanford-Corcoran, CA | 2 | $ 238,000 | $ 119,000 | $ 35,000 |
| Prescott, AZ | 2 | $ 205,000 | $ 102,500 | $ 62,000 |
| Boise City-Nampa, ID | 1 | $ 115,000 | $ 115,000 | $ 60,000 |
Mortgage Loan Application Detail Totals for Equity 1 Lenders Group in 2004
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 | 2,570 | $631,475,000 | $173,600 | $998,000 | $85,400 | $1,008,000 |
| Refinancing | 2,278 | $579,487,000 | $161,875 | $1,000,000 | $53,250 | $1,380,000 |
| Home Improvement | 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 |
|---|---|---|---|---|---|---|
| White | 3,136 | $800,179,000 | $182,142 | $1,000,000 | $63,428 | $1,380,000 |
| Hispanic | 1,312 | $312,913,000 | $167,000 | $950,000 | $68,400 | $996,000 |
| Black or African American | 139 | $31,943,000 | $162,000 | $700,000 | $39,666 | $252,000 |
| Not Provided | 118 | $28,602,000 | $193,500 | $765,000 | $81,500 | $388,000 |
| Asian | 100 | $25,959,000 | $254,500 | $664,000 | $79,000 | $354,000 |
| Native Hawaiian or Other Pacific Islander | 30 | $7,464,000 | $225,500 | $622,000 | $99,000 | $244,000 |
| Not applicable | 7 | $1,434,000 | $204,000 | $361,000 | $53,000 | $89,000 |
| American Indian or Alaskan Native | 6 | $2,468,000 | $411,000 | $648,000 | $63,000 | $193,000 |
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) | 4,848 | $1,210,962,000 | $163,375 | $1,000,000 | $55,125 | $1,380,000 |
| 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 | 2,618 | $673,377,000 | $192,714 | $1,000,000 | $71,428 | $1,008,000 |
| Application Denied By Financial Institution | 1,099 | $259,852,000 | $146,500 | $1,000,000 | $64,833 | $1,380,000 |
| Application Approved But Not Accepted | 729 | $183,951,000 | $170,000 | $1,000,000 | $65,750 | $410,000 |
| Application Withdrawn By Applicant | 318 | $74,827,000 | $156,800 | $811,000 | $24,400 | $696,000 |
| File Closed For Incompleteness | 84 | $18,955,000 | $154,250 | $718,000 | $58,750 | $773,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Other | 205 | $47,520,000 | $144,200 | $750,000 | $40,200 | $1,380,000 |
| Collateral | 90 | $20,844,000 | $208,250 | $765,000 | $70,250 | $360,000 |
| Credit History | 47 | $11,648,000 | $218,333 | $750,000 | $29,000 | $306,000 |
| Unverifiable Information | 28 | $5,642,000 | $201,000 | $500,000 | $80,000 | $175,000 |
| Employment History | 22 | $5,142,000 | $164,000 | $750,000 | $64,000 | $168,000 |
| Debt-To-Income Ratio | 12 | $3,021,000 | $195,000 | $572,000 | $60,000 | $170,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $525,000 | $131,000 | $300,000 | $64,000 | $90,000 |
| 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 Equity 1 Lenders Group's 2004 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 Equity 1 Lenders Group'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.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About