First Bridge Funding, Inc Mortgage Lending & HMDA Data, 2024

In 2024, First Bridge Funding, Inc of Petaluma, CA reported 131 mortgage applications totaling $123.5 million. The average application was for $942,862, and applicants reported an average income of $759,977. 88% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Oakland-Hayward-Berkeley, CA (26), San Jose-Sunnyvale-Santa Clara, CA (23) and San Francisco-Redwood City-South San Francisco, CA (18) (applications in parentheses).

Mortgage Company & Address First Bridge Funding, Inc
5341 Old Redwood Hwy Suite 200
Petaluma, CA 94954
Federal Regulator * available with data download
Years 2025  2024  
Total Number of Mortgage Applications 131
Total Mortgage Loan Application Amount $123,515,000
Average Mortgage Loan Application Amount $942,862
Highest Mortgage Loan Application Amount $4,505,000
Average Applicant Income $759,977
Highest Applicant Income $9,340,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First Bridge Funding, Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for First Bridge Funding, Inc in 2024

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 83 $69,615,000 $838,000 $3,705,000 $967,000 $9,340,000
Refinancing 48 $53,900,000 $1,122,000 $4,505,000 $402,000 $1,200,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $0 $0
Cash-out Refinancing 0 $0 $0 $0 $0 $0
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
Not applicable 64 $66,390,000 $1,037,000 $4,505,000 $0 $0
White 30 $26,920,000 $897,000 $2,755,000 $1,245,000 $9,340,000
Asian 22 $18,210,000 $827,000 $3,205,000 $331,000 $720,000
Hispanic 13 $10,385,000 $798,000 $3,705,000 $632,000 $5,313,000
Not Provided 2 $1,610,000 $805,000 $1,505,000 $650,000 $1,200,000
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Black or African American 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) 131 $123,515,000 $942,000 $4,505,000 $810,000 $9,340,000
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 115 $107,475,000 $934,000 $4,005,000 $812,000 $9,340,000
Application Withdrawn By Applicant 16 $16,040,000 $1,002,000 $4,505,000 $800,000 $5,313,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Application Denied By Financial Institution 0 $0 $0 $0 $0 $0
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
Not applicable 131 $123,515,000 $942,000 $4,505,000 $810,000 $9,340,000
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
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

Our comprehensive HMDA mortgage statistics provide invaluable insights into First Bridge Funding, Inc's 2024 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 First Bridge Funding, Inc'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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