Ibex Networks, Inc. Mortgage Lending & HMDA Data, 2004
In 2004, Ibex Networks, Inc. of Santa Ana, CA reported 280 mortgage applications totaling $58.8 million, down 32% from 2003. The average application was for $210,153, and applicants reported an average income of $79,850. 41% of its applications resulted in an originated loan and 13% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (86), Riverside-San Bernardino-Ontario, CA (47) and Atlanta-Sandy Springs-Marietta, GA (25) (applications in parentheses).
| Mortgage Company & Address | Ibex Networks, Inc. 601 N. Parkcenter Dr. #208 Santa Ana, CA 92705 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2004 2003 |
| Total Number of Mortgage Applications | 280 |
| Total Mortgage Loan Application Amount | $58,843,000 |
| Average Mortgage Loan Application Amount | $210,153 |
| Highest Mortgage Loan Application Amount | $750,000 |
| Average Applicant Income | $79,850 |
| Highest Applicant Income | $360,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Ibex Networks, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| 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 | 86 | $ 21,376,000 | $ 248,558 | $ 91,000 |
| San Bernardino, California | 24 | $ 4,708,000 | $ 196,166 | $ 78,000 |
| Orange, California | 23 | $ 6,327,000 | $ 275,086 | $ 105,000 |
| Riverside, California | 23 | $ 4,595,000 | $ 199,782 | $ 69,000 |
| Miami-Dade, Florida | 21 | $ 2,518,000 | $ 119,904 | $ 64,000 |
| Broward, Florida | 11 | $ 3,081,000 | $ 280,090 | $ 99,000 |
| Fulton, Georgia | 8 | $ 1,531,000 | $ 191,375 | $ 67,000 |
| DeKalb, Georgia | 7 | $ 964,000 | $ 137,714 | $ 46,000 |
| San Diego, California | 6 | $ 1,479,000 | $ 246,500 | $ 112,000 |
| Hillsborough, Florida | 6 | $ 417,000 | $ 69,500 | $ 91,000 |
| Volusia, Florida | 6 | $ 675,000 | $ 112,500 | $ 35,000 |
| Cobb, Georgia | 6 | $ 678,000 | $ 113,000 | $ 52,000 |
| Kern, California | 5 | $ 488,000 | $ 97,600 | $ 37,000 |
| Hennepin, Minnesota | 3 | $ 881,000 | $ 293,666 | $ 73,000 |
| Lee, Florida | 2 | $ 229,000 | $ 114,500 | $ 81,000 |
| Palm Beach, Florida | 2 | $ 567,000 | $ 283,500 | $ 100,000 |
| Fayette, Georgia | 2 | $ 231,000 | $ 115,500 | $ 60,000 |
| Alameda, California | 1 | $ 360,000 | $ 360,000 | $ 78,000 |
| Calaveras, California | 1 | $ 114,000 | $ 114,000 | $ 36,000 |
| Humboldt, California | 1 | $ 320,000 | $ 320,000 | $ 180,000 |
| Imperial, California | 1 | $ 150,000 | $ 150,000 | $ 26,000 |
| Sacramento, California | 1 | $ 200,000 | $ 200,000 | $ 96,000 |
| Stanislaus, California | 1 | $ 160,000 | $ 160,000 | $ 86,000 |
| Tulare, California | 1 | $ 132,000 | $ 132,000 | $ 64,000 |
| Collier, Florida | 1 | $ 156,000 | $ 156,000 | $ 60,000 |
| Duval, Florida | 1 | $ 68,000 | $ 68,000 | $ 39,000 |
| Okaloosa, Florida | 1 | $ 70,000 | $ 70,000 | $ 28,000 |
| Polk, Florida | 1 | $ 150,000 | $ 150,000 | $ 98,000 |
| Sarasota, Florida | 1 | $ 650,000 | $ 650,000 | $ 185,000 |
| Cherokee, Georgia | 1 | $ 150,000 | $ 150,000 | $ 47,000 |
| Gwinnett, Georgia | 1 | $ 180,000 | $ 180,000 | $ 103,000 |
| Habersham, Georgia | 1 | $ 115,000 | $ 115,000 | $ 84,000 |
| Peach, Georgia | 1 | $ 123,000 | $ 123,000 | $ 59,000 |
| Anoka, Minnesota | 1 | $ 342,000 | $ 342,000 | $ 180,000 |
| Kanabec, Minnesota | 1 | $ 105,000 | $ 105,000 | $ 126,000 |
| Tulsa, Oklahoma | 1 | $ 138,000 | $ 138,000 | $ 89,000 |
| Clark, Washington | 1 | $ 256,000 | $ 256,000 | $ 56,000 |
Mortgage Loan Application Detail Totals for Ibex Networks, Inc. in 2004
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 | 149 | $27,580,000 | $163,333 | $749,000 | $71,000 | $198,000 |
| Refinancing | 131 | $31,263,000 | $216,333 | $750,000 | $79,666 | $360,000 |
| 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 |
|---|---|---|---|---|---|---|
| Hispanic | 120 | $26,031,000 | $199,500 | $750,000 | $84,500 | $360,000 |
| White | 112 | $24,947,000 | $211,833 | $750,000 | $85,166 | $264,000 |
| Black or African American | 34 | $4,325,000 | $133,166 | $351,000 | $48,333 | $224,000 |
| Asian | 11 | $2,712,000 | $246,000 | $405,000 | $77,000 | $111,000 |
| American Indian or Alaskan Native | 2 | $752,000 | $376,000 | $452,000 | $115,000 | $182,000 |
| Not Provided | 1 | $76,000 | $76,000 | $76,000 | $36,000 | $36,000 |
| Native Hawaiian or Other Pacific Islander | 0 | $0 | $0 | $0 | $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) | 272 | $57,267,000 | $181,500 | $750,000 | $71,750 | $360,000 |
| FHA-insured (Federal Housing Administration) | 8 | $1,576,000 | $197,000 | $281,000 | $56,000 | $82,000 |
| 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 |
|---|---|---|---|---|---|---|
| Application Withdrawn By Applicant | 128 | $27,045,000 | $220,000 | $750,000 | $79,333 | $264,000 |
| Loan Originated | 116 | $24,918,000 | $207,400 | $750,000 | $80,600 | $360,000 |
| Application Denied By Financial Institution | 36 | $6,880,000 | $142,800 | $600,000 | $56,800 | $198,000 |
| Application Approved But Not Accepted | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 |
|---|---|---|---|---|---|---|
| Credit History | 20 | $3,623,000 | $162,000 | $600,000 | $58,750 | $190,000 |
| Unverifiable Information | 4 | $1,284,000 | $344,000 | $480,000 | $151,500 | $198,000 |
| Collateral | 3 | $647,000 | $196,500 | $375,000 | $60,000 | $78,000 |
| Debt-To-Income Ratio | 2 | $246,000 | $123,000 | $144,000 | $63,000 | $107,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 2 | $117,000 | $58,000 | $94,000 | $53,000 | $53,000 |
| Other | 1 | $200,000 | $200,000 | $200,000 | $46,000 | $46,000 |
| Employment History | 1 | $190,000 | $190,000 | $190,000 | $60,000 | $60,000 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Ibex Networks, Inc.'s 2004 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 Ibex Networks, 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.
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