First Republic Bank Mortgage Lending & HMDA Data, 2017

In 2017, First Republic Bank of San Francisco, CA reported 14,942 mortgage applications totaling $16.6 billion, up 12% from 2016. The average application was for $1,108,555, and applicants reported an average income of $435,066. 81% of its applications resulted in an originated loan and 2% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (2,631), San Francisco-Redwood City-South San Francisco, CA (2,508) and New York-Jersey City-White Plains, NY-NJ (1,731) (applications in parentheses).

Mortgage Company & Address First Republic Bank
111 Pine Street
San Francisco, CA 94111
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 14,942
Total Mortgage Loan Application Amount $16,564,041,000
Average Mortgage Loan Application Amount $1,108,555
Highest Mortgage Loan Application Amount $99,999,000
Average Applicant Income $435,066
Highest Applicant Income $9,999,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records First Republic Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 First Republic Bank by County in 2017

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 2,631 $ 2,662,658,000 $ 1,012,032 $ 322,000
San Francisco, California 1,835 $ 2,296,239,000 $ 1,251,356 $ 400,000
Alameda, California 980 $ 712,107,000 $ 726,639 $ 195,000
New York, New York 932 $ 2,120,043,000 $ 2,274,724 $ 757,000
San Diego, California 866 $ 660,973,000 $ 763,248 $ 215,000
Suffolk, Massachusetts 756 $ 553,713,000 $ 732,424 $ 375,000
Santa Clara, California 695 $ 773,047,000 $ 1,112,297 $ 387,000
San Mateo, California 673 $ 998,382,000 $ 1,483,479 $ 455,000
Marin, California 513 $ 647,887,000 $ 1,262,937 $ 493,000
Kings, New York 507 $ 524,170,000 $ 1,033,865 $ 331,000
Contra Costa, California 503 $ 398,127,000 $ 791,504 $ 340,000
Orange, California 476 $ 529,687,000 $ 1,112,787 $ 473,000
Middlesex, Massachusetts 287 $ 256,820,000 $ 894,843 $ 516,000
Norfolk, Massachusetts 278 $ 252,465,000 $ 908,147 $ 449,000
Palm Beach, Florida 269 $ 148,337,000 $ 551,438 $ 316,000
Fairfield, Connecticut 236 $ 261,221,000 $ 1,106,868 $ 604,000
Multnomah, Oregon 198 $ 96,179,000 $ 485,752 $ 147,000
Sonoma, California 181 $ 166,102,000 $ 917,690 $ 422,000
Suffolk, New York 165 $ 360,280,000 $ 2,183,515 $ 1,282,000
Napa, California 144 $ 151,610,000 $ 1,052,847 $ 582,000
Westchester, New York 121 $ 161,178,000 $ 1,332,049 $ 821,000
Riverside, California 118 $ 60,392,000 $ 511,796 $ 365,000
Santa Barbara, California 113 $ 129,070,000 $ 1,142,212 $ 395,000
Nassau, New York 78 $ 114,841,000 $ 1,472,320 $ 938,000
Placer, California 74 $ 103,398,000 $ 1,397,270 $ 1,233,000
Washington, Oregon 62 $ 17,943,000 $ 289,403 $ 88,000
Plymouth, Massachusetts 60 $ 46,875,000 $ 781,250 $ 497,000
Monterey, California 51 $ 76,917,000 $ 1,508,176 $ 1,085,000
Essex, Massachusetts 49 $ 32,231,000 $ 657,775 $ 439,000
Queens, New York 49 $ 51,546,000 $ 1,051,959 $ 368,000
Barnstable, Massachusetts 43 $ 42,931,000 $ 998,395 $ 730,000
Nantucket, Massachusetts 37 $ 78,717,000 $ 2,127,486 $ 968,000
Miami-Dade, Florida 36 $ 71,239,000 $ 1,978,861 $ 2,127,000
Clackamas, Oregon 31 $ 29,459,000 $ 950,290 $ 317,000
King, Washington 29 $ 58,819,000 $ 2,028,241 $ 232,000
Santa Cruz, California 28 $ 17,721,000 $ 632,892 $ 321,000
Hudson, New Jersey 26 $ 18,044,000 $ 694,000 $ 431,000
Monmouth, New Jersey 26 $ 27,974,000 $ 1,075,923 $ 894,000
Bergen, New Jersey 24 $ 28,345,000 $ 1,181,041 $ 1,030,000
Nevada, California 19 $ 10,228,000 $ 538,315 $ 398,000
San Bernardino, California 19 $ 16,349,000 $ 860,473 $ 848,000
Ventura, California 19 $ 20,735,000 $ 1,091,315 $ 481,000
Essex, New Jersey 19 $ 12,728,000 $ 669,894 $ 525,000
Hawaii, Hawaii 18 $ 37,464,000 $ 2,081,333 $ 1,000,000
Bronx, New York 18 $ 33,540,000 $ 1,863,333 $ 238,000
Collier, Florida 17 $ 16,521,000 $ 971,823 $ 588,000
Maricopa, Arizona 15 $ 10,220,000 $ 681,333 $ 1,300,000
Honolulu, Hawaii 14 $ 14,214,000 $ 1,015,285 $ 492,000
Dukes, Massachusetts 14 $ 40,060,000 $ 2,861,428 $ 1,903,000
Summit, Utah 14 $ 14,932,000 $ 1,066,571 $ 854,000
Denver, Colorado 13 $ 10,275,000 $ 790,384 $ 693,000
Morris, New Jersey 13 $ 13,667,000 $ 1,051,307 $ 721,000
Travis, Texas 13 $ 10,387,000 $ 799,000 $ 583,000
Rockingham, New Hampshire 12 $ 8,438,000 $ 703,166 $ 473,000
Union, New Jersey 12 $ 10,522,000 $ 876,833 $ 1,403,000
Boulder, Colorado 11 $ 6,499,000 $ 590,818 $ 212,000
District of Columbia, District Of Columbia 11 $ 12,115,000 $ 1,101,363 $ 553,000
Blaine, Idaho 11 $ 10,919,000 $ 992,636 $ 1,098,000
Washoe, Nevada 11 $ 41,239,000 $ 3,749,000 $ 496,000
Deschutes, Oregon 11 $ 4,421,000 $ 401,909 $ 173,000
Wasco, Oregon 11 $ 1,742,000 $ 158,363 $ 385,000
Clark, Washington 11 $ 7,398,000 $ 672,545 $ 218,000
Solano, California 10 $ 4,907,000 $ 490,700 $ 249,000
Cook, Illinois 10 $ 10,115,000 $ 1,011,500 $ 588,000
Madison, Montana 10 $ 32,402,000 $ 3,240,200 $ 453,000
Newport, Rhode Island 10 $ 11,192,000 $ 1,119,200 $ 703,000
San Luis Obispo, California 9 $ 6,926,000 $ 769,555 $ 396,000
Pitkin, Colorado 9 $ 28,528,000 $ 3,169,777 $ 1,363,000
Dallas, Texas 9 $ 9,066,000 $ 1,007,333 $ 1,156,000
El Dorado, California 8 $ 5,616,000 $ 702,000 $ 534,000
Litchfield, Connecticut 8 $ 6,046,000 $ 755,750 $ 671,000
New Haven, Connecticut 8 $ 2,409,000 $ 301,125 $ 858,000
Maui, Hawaii 8 $ 7,693,000 $ 961,625 $ 760,000
Worcester, Massachusetts 8 $ 3,626,000 $ 453,250 $ 358,000
Marion, Oregon 8 $ 6,383,000 $ 797,875 $ 0
Teton, Wyoming 8 $ 11,800,000 $ 1,475,000 $ 1,272,000
York, Maine 7 $ 2,560,000 $ 365,714 $ 263,000
Ocean, New Jersey 7 $ 5,819,000 $ 831,285 $ 754,000
Tillamook, Oregon 7 $ 2,966,000 $ 423,714 $ 304,000
Windsor, Vermont 7 $ 6,114,000 $ 873,428 $ 1,624,000
Kauai, Hawaii 6 $ 10,856,000 $ 1,809,333 $ 1,075,000
Gallatin, Montana 6 $ 8,857,000 $ 1,476,166 $ 583,000
Carroll, New Hampshire 6 $ 5,626,000 $ 937,666 $ 678,000
Richmond, New York 6 $ 6,461,000 $ 1,076,833 $ 954,000
Rockland, New York 6 $ 7,055,000 $ 1,175,833 $ 1,299,000
Tarrant, Texas 6 $ 4,460,000 $ 743,333 $ 1,810,000
Sacramento, California 5 $ 3,529,000 $ 705,800 $ 534,000
Broward, Florida 5 $ 2,764,000 $ 552,800 $ 383,000
Martin, Florida 5 $ 18,730,000 $ 3,746,000 $ 3,353,000
Berkshire, Massachusetts 5 $ 6,662,000 $ 1,332,400 $ 598,000
Bucks, Pennsylvania 5 $ 5,568,000 $ 1,113,600 $ 1,335,000
Delaware, Pennsylvania 5 $ 3,438,000 $ 687,600 $ 739,000
Washington, Rhode Island 5 $ 9,277,000 $ 1,855,400 $ 1,053,000
Salt Lake, Utah 5 $ 6,143,000 $ 1,228,600 $ 357,000
Wasatch, Utah 5 $ 5,741,000 $ 1,148,200 $ 1,869,000
Eagle, Colorado 4 $ 8,695,000 $ 2,173,750 $ 1,264,000
Hillsborough, Florida 4 $ 1,815,000 $ 453,750 $ 329,000
Sarasota, Florida 4 $ 5,578,000 $ 1,394,500 $ 1,791,000
Fulton, Georgia 4 $ 1,964,000 $ 491,000 $ 408,000
Bristol, Massachusetts 4 $ 1,016,000 $ 254,000 $ 932,000
Douglas, Nevada 4 $ 2,626,000 $ 656,500 $ 463,000
Passaic, New Jersey 4 $ 2,591,000 $ 647,750 $ 530,000
Mecklenburg, North Carolina 4 $ 4,962,000 $ 1,240,500 $ 357,000
Charleston, South Carolina 4 $ 3,885,000 $ 971,250 $ 802,000
Fairfax, Virginia 4 $ 3,821,000 $ 955,250 $ 1,650,000
Mendocino, California 3 $ 1,293,000 $ 431,000 $ 395,000
Mono, California 3 $ 2,247,000 $ 749,000 $ 436,000
Middlesex, Connecticut 3 $ 1,514,000 $ 504,666 $ 382,000
St. Johns, Florida 3 $ 1,531,000 $ 510,333 $ 391,000
Clark, Nevada 3 $ 3,123,000 $ 1,041,000 $ 810,000
Belknap, New Hampshire 3 $ 1,462,000 $ 487,333 $ 456,000
Merrimack, New Hampshire 3 $ 1,459,000 $ 486,333 $ 576,000
Cape May, New Jersey 3 $ 3,240,000 $ 1,080,000 $ 190,000
Middlesex, New Jersey 3 $ 1,833,000 $ 611,000 $ 311,000
Somerset, New Jersey 3 $ 2,040,000 $ 680,000 $ 917,000
Dutchess, New York 3 $ 1,209,000 $ 403,000 $ 489,000
Putnam, New York 3 $ 1,009,000 $ 336,333 $ 853,000
Saratoga, New York 3 $ 1,383,000 $ 461,000 $ 463,000
Ulster, New York 3 $ 2,730,000 $ 910,000 $ 1,505,000
Lane, Oregon 3 $ 4,546,000 $ 1,515,333 $ 303,000
Polk, Oregon 3 $ 7,988,000 $ 2,662,666 $ 200,000
Yamhill, Oregon 3 $ 2,405,000 $ 801,666 $ 698,000
Providence, Rhode Island 3 $ 9,650,000 $ 3,216,666 $ 165,000
Albemarle, Virginia 3 $ 8,342,000 $ 2,780,666 $ 1,010,000
Alpine, California 2 $ 484,000 $ 242,000 $ 623,000
Calaveras, California 2 $ 734,000 $ 367,000 $ 486,000
Yolo, California 2 $ 1,750,000 $ 875,000 $ 739,000
San Miguel, Colorado 2 $ 1,960,000 $ 980,000 $ 736,000
Lee, Florida 2 $ 3,301,000 $ 1,650,500 $ 1,328,000
Monroe, Florida 2 $ 2,595,000 $ 1,297,500 $ 1,463,000
Cumberland, Maine 2 $ 1,280,000 $ 640,000 $ 236,000
Hennepin, Minnesota 2 $ 4,974,000 $ 2,487,000 $ 2,910,000
Grafton, New Hampshire 2 $ 328,000 $ 164,000 $ 477,000
Sullivan, New Hampshire 2 $ 435,000 $ 217,500 $ 307,000
Santa Fe, New Mexico 2 $ 1,453,000 $ 726,500 $ 307,000
Columbia, New York 2 $ 1,660,000 $ 830,000 $ 847,000
Orange, New York 2 $ 1,767,000 $ 883,500 $ 445,000
Wake, North Carolina 2 $ 1,415,000 $ 707,500 $ 561,000
Benton, Oregon 2 $ 1,500,000 $ 750,000 $ 0
Clatsop, Oregon 2 $ 1,253,000 $ 626,500 $ 461,000
Linn, Oregon 2 $ 404,000 $ 202,000 $ 0
Chester, Pennsylvania 2 $ 1,542,000 $ 771,000 $ 650,000
Philadelphia, Pennsylvania 2 $ 984,000 $ 492,000 $ 287,000
Beaufort, South Carolina 2 $ 2,348,000 $ 1,174,000 $ 986,000
Bennington, Vermont 2 $ 1,086,000 $ 543,000 $ 707,000
Rutland, Vermont 2 $ 670,000 $ 335,000 $ 430,000
Windham, Vermont 2 $ 1,385,000 $ 692,500 $ 1,240,000
Alexandria, Virginia 2 $ 1,230,000 $ 615,000 $ 130,000
Amador, California 1 $ 577,000 $ 577,000 $ 226,000
Lake, California 1 $ 267,000 $ 267,000 $ 688,000
Plumas, California 1 $ 665,000 $ 665,000 $ 345,000
Gunnison, Colorado 1 $ 1,110,000 $ 1,110,000 $ 0
Jefferson, Colorado 1 $ 180,000 $ 180,000 $ 15,000
Summit, Colorado 1 $ 831,000 $ 831,000 $ 418,000
New London, Connecticut 1 $ 1,495,000 $ 1,495,000 $ 316,000
Windham, Connecticut 1 $ 550,000 $ 550,000 $ 407,000
Charlotte, Florida 1 $ 420,000 $ 420,000 $ 132,000
Lake, Florida 1 $ 105,000 $ 105,000 $ 152,000
Manatee, Florida 1 $ 111,000 $ 111,000 $ 200,000
Pasco, Florida 1 $ 407,000 $ 407,000 $ 347,000
Pinellas, Florida 1 $ 720,000 $ 720,000 $ 305,000
St. Lucie, Florida 1 $ 144,000 $ 144,000 $ 0
Chatham, Georgia 1 $ 509,000 $ 509,000 $ 146,000
Glynn, Georgia 1 $ 1,375,000 $ 1,375,000 $ 1,421,000
Bonner, Idaho 1 $ 280,000 $ 280,000 $ 737,000
DuPage, Illinois 1 $ 2,150,000 $ 2,150,000 $ 1,004,000
Fayette, Kentucky 1 $ 86,000 $ 86,000 $ 0
Knox, Maine 1 $ 110,000 $ 110,000 $ 1,553,000
Oxford, Maine 1 $ 346,000 $ 346,000 $ 626,000
Hampden, Massachusetts 1 $ 348,000 $ 348,000 $ 235,000
Flathead, Montana 1 $ 1,000,000 $ 1,000,000 $ 979,000
Lake, Montana 1 $ 660,000 $ 660,000 $ 295,000
Hillsborough, New Hampshire 1 $ 241,000 $ 241,000 $ 203,000
Strafford, New Hampshire 1 $ 548,000 $ 548,000 $ 898,000
Mercer, New Jersey 1 $ 1,050,000 $ 1,050,000 $ 450,000
Sussex, New Jersey 1 $ 473,000 $ 473,000 $ 0
Essex, New York 1 $ 600,000 $ 600,000 $ 786,000
Greene, New York 1 $ 355,000 $ 355,000 $ 266,000
Buncombe, North Carolina 1 $ 1,000,000 $ 1,000,000 $ 2,011,000
New Hanover, North Carolina 1 $ 476,000 $ 476,000 $ 156,000
Columbia, Oregon 1 $ 1,500,000 $ 1,500,000 $ 0
Crook, Oregon 1 $ 300,000 $ 300,000 $ 548,000
Hood River, Oregon 1 $ 414,000 $ 414,000 $ 0
Jackson, Oregon 1 $ 600,000 $ 600,000 $ 80,000
Klamath, Oregon 1 $ 382,000 $ 382,000 $ 522,000
Lincoln, Oregon 1 $ 1,300,000 $ 1,300,000 $ 551,000
Bristol, Rhode Island 1 $ 200,000 $ 200,000 $ 198,000
Berkeley, South Carolina 1 $ 813,000 $ 813,000 $ 1,509,000
Greenville, South Carolina 1 $ 213,000 $ 213,000 $ 47,000
Denton, Texas 1 $ 204,000 $ 204,000 $ 486,000
Harris, Texas 1 $ 550,000 $ 550,000 $ 321,000
Iron, Utah 1 $ 383,000 $ 383,000 $ 322,000
Utah, Utah 1 $ 11,400,000 $ 11,400,000 $ 0
Weber, Utah 1 $ 471,000 $ 471,000 $ 429,000
Lamoille, Vermont 1 $ 1,365,000 $ 1,365,000 $ 6,407,000
Washington, Vermont 1 $ 287,000 $ 287,000 $ 268,000
Falls Church, Virginia 1 $ 1,050,000 $ 1,050,000 $ 264,000
Norfolk, Virginia 1 $ 270,000 $ 270,000 $ 350,000
Clallam, Washington 1 $ 146,000 $ 146,000 $ 280,000
Cowlitz, Washington 1 $ 278,000 $ 278,000 $ 185,000
Island, Washington 1 $ 980,000 $ 980,000 $ 3,864,000
Kitsap, Washington 1 $ 1,026,000 $ 1,026,000 $ 1,028,000
Klickitat, Washington 1 $ 330,000 $ 330,000 $ 472,000
San Juan, Washington 1 $ 200,000 $ 200,000 $ 114,000
Snohomish, Washington 1 $ 15,000,000 $ 15,000,000 $ 0
Spokane, Washington 1 $ 780,000 $ 780,000 $ 737,000
Walla Walla, Washington 1 $ 280,000 $ 280,000 $ 189,000

Mortgage Loan Application Detail Totals for First Republic Bank in 2017

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 7,524 $9,531,891,000 $1,266,000 $95,000,000 $492,000 $9,999,000
Refinancing 6,333 $5,747,987,000 $907,000 $99,999,000 $382,000 $9,999,000
Home Improvement 1,085 $1,284,163,000 $1,183,000 $65,000,000 $350,000 $9,999,000

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 7,278 $7,597,714,000 $1,043,000 $19,000,000 $539,000 $9,999,000
Not Provided 2,512 $3,181,139,000 $1,266,000 $15,000,000 $716,000 $9,999,000
Not applicable 2,084 $3,898,417,000 $1,870,000 $99,999,000 $0 $0
Asian 1,546 $1,204,405,000 $779,000 $24,000,000 $313,000 $9,999,000
Hispanic 814 $364,962,000 $448,000 $5,252,000 $175,000 $9,999,000
Black or African American 646 $286,167,000 $442,000 $11,775,000 $215,000 $5,051,000
American Indian or Alaskan Native 35 $19,039,000 $543,000 $1,482,000 $169,000 $420,000
Native Hawaiian or Other Pacific Islander 27 $12,198,000 $451,000 $1,250,000 $217,000 $1,682,000

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) 14,942 $16,564,041,000 $1,108,000 $99,999,000 $435,000 $9,999,000
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 12,133 $14,046,382,000 $1,157,000 $95,000,000 $447,000 $9,999,000
Application Withdrawn By Applicant 1,080 $1,497,060,000 $1,386,000 $99,999,000 $625,000 $9,999,000
Loan Purchased By The Institution 1,022 $277,191,000 $271,000 $4,026,000 $64,000 $1,664,000
File Closed For Incompleteness 282 $330,448,000 $1,171,000 $10,450,000 $586,000 $9,999,000
Application Denied By Financial Institution 272 $223,088,000 $820,000 $13,000,000 $320,000 $7,542,000
Application Approved But Not Accepted 153 $189,872,000 $1,240,000 $12,670,000 $568,000 $7,088,000
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
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 First Republic Bank's 2017 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 Republic 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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