Iapprove Lending Mortgage Lending & HMDA Data, 2019

In 2019, Iapprove Lending of Satna Ana, CA reported 580 mortgage applications totaling $230.6 million, up 149% from 2018. The average application was for $397,500, and applicants reported an average income of $109,337. 69% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Anaheim-Santa Ana-Irvine, CA (257), Los Angeles-Long Beach-Glendale, CA (132) and Riverside-San Bernardino-Ontario, CA (64) (applications in parentheses).

Mortgage Company & Address Iapprove Lending
3130 S Harbor Blvd Ste 520
Satna Ana, CA 92704
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  
Total Number of Mortgage Applications 580
Total Mortgage Loan Application Amount $230,550,000
Average Mortgage Loan Application Amount $397,500
Highest Mortgage Loan Application Amount $12,505,000
Average Applicant Income $109,337
Highest Applicant Income $2,796,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Iapprove Lending filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Iapprove Lending in 2019

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 220 $82,490,000 $374,000 $935,000 $96,000 $483,000
Refinancing 184 $68,640,000 $373,000 $935,000 $117,000 $568,000
Cash-out Refinancing 176 $79,420,000 $451,000 $12,505,000 $118,000 $2,796,000
Home Improvement 0 $0 $0 $0 $0 $0
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 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
Asian 426 $162,790,000 $382,000 $935,000 $107,000 $1,180,000
Hispanic 113 $38,655,000 $342,000 $725,000 $86,000 $183,000
White 24 $22,930,000 $955,000 $12,505,000 $239,000 $2,796,000
Not Provided 13 $4,755,000 $365,000 $565,000 $88,000 $187,000
Black or African American 4 $1,420,000 $355,000 $415,000 $306,000 $568,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
American Indian or Alaskan Native 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) 511 $205,045,000 $401,000 $12,505,000 $113,000 $2,796,000
FHA-insured (Federal Housing Administration) 69 $25,505,000 $369,000 $605,000 $81,000 $215,000
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 399 $147,185,000 $368,000 $1,125,000 $100,000 $479,000
Application Withdrawn By Applicant 90 $46,570,000 $517,000 $12,505,000 $135,000 $2,796,000
Application Approved But Not Accepted 85 $34,795,000 $409,000 $905,000 $127,000 $1,180,000
File Closed For Incompleteness 4 $1,210,000 $302,000 $415,000 $85,000 $150,000
Application Denied By Financial Institution 2 $790,000 $395,000 $455,000 $73,000 $82,000
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
Not applicable 578 $229,760,000 $397,000 $12,505,000 $109,000 $2,796,000
Debt-To-Income Ratio 2 $790,000 $395,000 $455,000 $73,000 $82,000
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
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Iapprove Lending's 2019 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 Iapprove Lending'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.

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