Equity 1 Lenders Group Mortgage Lending & HMDA Data, 2003
In 2003, Equity 1 Lenders Group of Escondido, CA reported 4,758 mortgage applications totaling $1.1 billion. The average application was for $224,972, and applicants reported an average income of $82,366. 70% of its applications resulted in an originated loan and 5% were denied. Its largest markets were San Diego, CA (1,785), Riverside-San Bernardino, CA (501) and Los Angeles-Long Beach, CA (384) (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 | 4,758 |
| Total Mortgage Loan Application Amount | $1,070,418,000 |
| Average Mortgage Loan Application Amount | $224,972 |
| Highest Mortgage Loan Application Amount | $1,690,000 |
| Average Applicant Income | $82,366 |
| Highest Applicant Income | $779,000 |
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(HMDA) records Equity 1 Lenders Group filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
Mortgage Loan Application Detail Totals for Equity 1 Lenders Group in 2003
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 |
|---|---|---|---|---|---|---|
| Refinancing (home purchase or home improvement, one-to-four family) | 2,525 | $564,701,000 | $166,500 | $1,365,000 | $58,333 | $779,000 |
| Home Purchase (one-to-four family) | 2,233 | $505,717,000 | $186,833 | $1,690,000 | $57,666 | $712,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) | 0 | $0 | $0 | $0 | $0 | $0 |
| Home Improvement (one-to-four family) | 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 | 2,819 | $640,945,000 | $167,666 | $1,690,000 | $63,000 | $712,000 |
| Hispanic | 831 | $170,446,000 | $179,000 | $780,000 | $49,000 | $576,000 |
| Information not provided by applicant in mail or telephone application | 420 | $92,145,000 | $196,800 | $1,365,000 | $78,800 | $436,000 |
| Black | 379 | $86,628,000 | $183,800 | $1,238,000 | $56,200 | $712,000 |
| Other | 205 | $53,400,000 | $243,000 | $1,522,000 | $45,500 | $779,000 |
| Asian or Pacific Islander | 98 | $25,294,000 | $258,000 | $520,000 | $87,000 | $312,000 |
| American Indian or Alaskan Native | 6 | $1,560,000 | $260,000 | $412,000 | $0 | $0 |
| Not applicable | 0 | $0 | $0 | $0 | $0 | $0 |
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) | 4,758 | $1,070,418,000 | $184,714 | $1,690,000 | $54,142 | $779,000 |
| 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 | 3,323 | $739,419,000 | $163,000 | $1,320,000 | $79,250 | $779,000 |
| File Closed For Incompleteness | 576 | $134,352,000 | $189,600 | $1,365,000 | $66,800 | $712,000 |
| Application Approved But Not Accepted | 492 | $115,689,000 | $176,333 | $1,690,000 | $60,166 | $696,000 |
| Application Denied By Financial Institution | 254 | $55,774,000 | $168,500 | $665,000 | $58,000 | $360,000 |
| Application Withdrawn By Applicant | 113 | $25,184,000 | $185,000 | $600,000 | $73,000 | $389,000 |
| Loan Purchased By The 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 |
|---|---|---|---|---|---|---|
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Debt-To-Income Ratio | 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 |
| Other | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Equity 1 Lenders Group's 2003 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