Grandpoint Bank Mortgage Lending & HMDA Data, 2016
In 2016, Grandpoint Bank of Los Angeles, CA reported 157 mortgage applications totaling $316.1 million, down 64% from 2015. The average application was for $2,013,382, and applicants reported an average income of $24,324. 58% of its applications resulted in an originated loan and 8% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (76), Tucson, AZ (25) and Phoenix-Mesa-Scottsdale, AZ (16) (applications in parentheses).
| Mortgage Company & Address | Grandpoint Bank 333 South Grand Ave, Suite 3580 Los Angeles, CA 90071 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2017 2016 2015 2014 2013 2012 2011 |
| Total Number of Mortgage Applications | 157 |
| Total Mortgage Loan Application Amount | $316,101,000 |
| Average Mortgage Loan Application Amount | $2,013,382 |
| Highest Mortgage Loan Application Amount | $16,000,000 |
| Average Applicant Income | $24,324 |
| Highest Applicant Income | $358,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Grandpoint Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| 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 | 76 | $ 163,794,000 | $ 2,155,184 | $ 0 |
| Pima, Arizona | 25 | $ 23,196,000 | $ 927,840 | $ 9,000 |
| Maricopa, Arizona | 15 | $ 44,777,000 | $ 2,985,133 | $ 55,000 |
| Multnomah, Oregon | 7 | $ 27,343,000 | $ 3,906,142 | $ 0 |
| Clark, Nevada | 5 | $ 1,919,000 | $ 383,800 | $ 181,000 |
| San Diego, California | 4 | $ 2,807,000 | $ 701,750 | $ 89,000 |
| Kern, California | 2 | $ 5,111,000 | $ 2,555,500 | $ 74,000 |
| Monterey, California | 2 | $ 1,656,000 | $ 828,000 | $ 105,000 |
| Orange, California | 2 | $ 2,580,000 | $ 1,290,000 | $ 0 |
| Placer, California | 2 | $ 559,000 | $ 279,500 | $ 220,000 |
| Sacramento, California | 2 | $ 8,136,000 | $ 4,068,000 | $ 0 |
| Snohomish, Washington | 2 | $ 11,015,000 | $ 5,507,500 | $ 0 |
| Pinal, Arizona | 1 | $ 150,000 | $ 150,000 | $ 232,000 |
| El Dorado, California | 1 | $ 6,030,000 | $ 6,030,000 | $ 0 |
| Fresno, California | 1 | $ 3,355,000 | $ 3,355,000 | $ 0 |
| Riverside, California | 1 | $ 492,000 | $ 492,000 | $ 244,000 |
| San Bernardino, California | 1 | $ 5,150,000 | $ 5,150,000 | $ 0 |
| Santa Cruz, California | 1 | $ 361,000 | $ 361,000 | $ 150,000 |
| Solano, California | 1 | $ 1,765,000 | $ 1,765,000 | $ 0 |
| Tuolumne, California | 1 | $ 160,000 | $ 160,000 | $ 96,000 |
| Arapahoe, Colorado | 1 | $ 878,000 | $ 878,000 | $ 0 |
| Jefferson, Colorado | 1 | $ 519,000 | $ 519,000 | $ 0 |
| Clark, Washington | 1 | $ 300,000 | $ 300,000 | $ 0 |
| Pierce, Washington | 1 | $ 769,000 | $ 769,000 | $ 0 |
| Spokane, Washington | 1 | $ 3,279,000 | $ 3,279,000 | $ 0 |
Mortgage Loan Application Detail Totals for Grandpoint Bank in 2016
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 | 85 | $177,139,000 | $2,083,000 | $16,000,000 | $39,000 | $358,000 |
| Refinancing | 63 | $124,614,000 | $1,978,000 | $11,000,000 | $8,000 | $150,000 |
| Home Improvement | 9 | $14,348,000 | $1,594,000 | $5,527,000 | $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 | 111 | $255,440,000 | $2,301,000 | $14,725,000 | $0 | $0 |
| White | 25 | $8,665,000 | $346,000 | $625,000 | $136,000 | $358,000 |
| Not Provided | 18 | $50,759,000 | $2,819,000 | $16,000,000 | $15,000 | $149,000 |
| Hispanic | 2 | $966,000 | $483,000 | $680,000 | $44,000 | $89,000 |
| Black or African American | 1 | $271,000 | $271,000 | $271,000 | $77,000 | $77,000 |
| Native Hawaiin or Other Pacific Islander | 0 | $0 | $0 | $0 | $0 | $0 |
| American Indian or Alaskan Native | 0 | $0 | $0 | $0 | $0 | $0 |
| Asian | 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) | 157 | $316,101,000 | $2,013,000 | $16,000,000 | $24,000 | $358,000 |
| 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 | 91 | $158,968,000 | $1,746,000 | $16,000,000 | $38,000 | $358,000 |
| Loan Purchased By The Institution | 44 | $103,609,000 | $2,354,000 | $8,191,000 | $0 | $0 |
| Application Denied By Financial Institution | 13 | $33,297,000 | $2,561,000 | $9,750,000 | $0 | $0 |
| Application Approved But Not Accepted | 5 | $2,550,000 | $510,000 | $1,013,000 | $64,000 | $236,000 |
| Application Withdrawn By Applicant | 4 | $17,677,000 | $4,419,000 | $14,725,000 | $0 | $0 |
| File Closed For Incompleteness | 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 |
|---|---|---|---|---|---|---|
| Debt-To-Income Ratio | 2 | $6,350,000 | $3,175,000 | $5,950,000 | $0 | $0 |
| Other | 2 | $2,670,000 | $1,335,000 | $2,100,000 | $0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $3,250,000 | $3,250,000 | $3,250,000 | $0 | $0 |
| Collateral | 1 | $9,750,000 | $9,750,000 | $9,750,000 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit History | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Unverifiable Information | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Grandpoint Bank's 2016 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 Grandpoint 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.
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