Innovex Mortgage, Inc Mortgage Lending & HMDA Data, 2007

In 2007, Innovex Mortgage, Inc of San Diego, CA reported 448 mortgage applications totaling $149.1 million, up 53% from 2006. The average application was for $332,839, and applicants reported an average income of $153,100. 79% of its applications resulted in an originated loan and 7% were denied. Its largest markets were San Diego-Carlsbad-San Marcos, CA (28), Chicago-Naperville-Joliet, IL (21) and Los Angeles-Long Beach-Glendale, CA (21) (applications in parentheses).

Mortgage Company & Address Innovex Mortgage, Inc
9785 Towne Centre Drive
San Diego, CA 92121
Tel #: available with data download
Federal Regulator * available with data download
Years 2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 448
Total Mortgage Loan Application Amount $149,112,000
Average Mortgage Loan Application Amount $332,839
Highest Mortgage Loan Application Amount $1,500,000
Average Applicant Income $153,100
Highest Applicant Income $4,000,000

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(HMDA) records Innovex Mortgage, Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Innovex Mortgage, Inc by Metropolitan Area in 2007

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
San Diego-Carlsbad-San Marcos, CA 28 $ 11,696,000 $ 417,714 $ 138,000
Chicago-Naperville-Joliet, IL 21 $ 5,839,000 $ 278,047 $ 104,000
Los Angeles-Long Beach-Glendale, CA 21 $ 8,146,000 $ 387,904 $ 148,000
San Francisco-San Mateo-Redwood City, CA 15 $ 10,125,000 $ 675,000 $ 247,000
Santa Ana-Anaheim-Irvine, CA 13 $ 5,891,000 $ 453,153 $ 167,000
Sacramento--Arden-Arcade--Roseville, CA 12 $ 4,804,000 $ 400,333 $ 160,000
Charlotte-Gastonia-Concord, NC-SC 11 $ 4,362,000 $ 396,545 $ 156,818
San Jose-Sunnyvale-Santa Clara, CA 11 $ 5,138,000 $ 467,090 $ 160,000
Seattle-Bellevue-Everett, WA 11 $ 5,293,000 $ 481,181 $ 134,000
Denver-Aurora, CO 10 $ 3,275,000 $ 327,500 $ 147,000
Oakland-Fremont-Hayward, CA 9 $ 3,420,000 $ 380,000 $ 120,000
Phoenix-Mesa-Scottsdale, AZ 9 $ 2,196,000 $ 244,000 $ 91,000
Riverside-San Bernardino-Ontario, CA 9 $ 2,506,000 $ 278,444 $ 84,000
Baltimore-Towson, MD 7 $ 2,172,000 $ 310,285 $ 101,000
Oxnard-Thousand Oaks-Ventura, CA 7 $ 3,408,000 $ 486,857 $ 147,000
Portland-Vancouver-Beaverton, OR-WA 7 $ 2,292,000 $ 327,428 $ 125,000
Atlanta-Sandy Springs-Marietta, GA 6 $ 1,883,000 $ 313,833 $ 167,000
Houston-Sugar Land-Baytown, TX 6 $ 1,263,000 $ 210,500 $ 191,000
Olympia, WA 6 $ 927,000 $ 154,500 $ 77,000
Philadelphia, PA 6 $ 1,455,000 $ 242,500 $ 298,000
Dallas-Plano-Irving, TX 5 $ 915,000 $ 183,000 $ 173,000
Honolulu, HI 5 $ 1,774,000 $ 354,800 $ 266,000
Minneapolis-St. Paul-Bloomington, MN-WI 5 $ 1,300,000 $ 260,000 $ 104,000
Santa Rosa-Petaluma, CA 5 $ 1,583,000 $ 316,600 $ 82,000
West Palm Beach-Boca Raton-Boynton Beach, FL 5 $ 2,012,000 $ 402,400 $ 253,000
Albuquerque, NM 4 $ 828,000 $ 207,000 $ 82,000
Bellingham, WA 4 $ 943,000 $ 235,750 $ 132,000
Bridgeport-Stamford-Norwalk, CT 4 $ 1,549,000 $ 387,250 $ 279,000
Cincinnati-Middletown, OH-KY-IN 4 $ 2,206,000 $ 551,500 $ 501,500
Orlando-Kissimmee, FL 4 $ 920,000 $ 230,000 $ 76,000
Peabody, MA 4 $ 2,289,000 $ 572,250 $ 338,000
Santa Barbara-Santa Maria-Goleta, CA 4 $ 1,077,000 $ 269,250 $ 87,000
Tucson, AZ 4 $ 717,000 $ 179,250 $ 108,000
Bethesda-Gaithersburg-Frederick, MD 3 $ 1,185,000 $ 395,000 $ 137,000
Boston-Quincy, MA 3 $ 867,000 $ 289,000 $ 160,000
Cambridge-Newton-Framingham, MA 3 $ 1,782,000 $ 594,000 $ 189,000
Eugene-Springfield, OR 3 $ 451,000 $ 150,333 $ 56,000
Lake County-Kenosha County, IL-WI 3 $ 1,252,000 $ 417,333 $ 129,000
Milwaukee-Waukesha-West Allis, WI 3 $ 534,000 $ 178,000 $ 72,000
New Orleans-Metairie-Kenner, LA 3 $ 680,000 $ 226,666 $ 104,000
Providence-New Bedford-Fall River, RI-MA 3 $ 705,000 $ 235,000 $ 189,333
Raleigh-Cary, NC 3 $ 757,000 $ 252,333 $ 133,000
San Luis Obispo-Paso Robles, CA 3 $ 1,373,000 $ 457,666 $ 205,000
Wilmington, NC 3 $ 631,000 $ 210,333 $ 87,000
Boulder, CO 2 $ 1,440,000 $ 720,000 $ 195,000
Chico, CA 2 $ 461,000 $ 230,500 $ 68,000
Colorado Springs, CO 2 $ 560,000 $ 280,000 $ 60,000
Fort Wayne, IN 2 $ 221,000 $ 110,500 $ 70,000
Grand Junction, CO 2 $ 553,000 $ 276,500 $ 75,000
Hartford-West Hartford-East Hartford, CT 2 $ 833,000 $ 416,500 $ 257,000
Indianapolis-Carmel, IN 2 $ 211,000 $ 105,500 $ 116,000
Lafayette, LA 2 $ 572,000 $ 286,000 $ 125,000
Louisville-Jefferson County, KY-IN 2 $ 572,000 $ 286,000 $ 69,000
Memphis, TN-MS-AR 2 $ 397,000 $ 198,500 $ 141,000
Nashville-Davidson--Murfreesboro--Franklin, TN 2 $ 495,000 $ 247,500 $ 68,000
Prescott, AZ 2 $ 537,000 $ 268,500 $ 73,000
Sarasota-Bradenton-Venice, FL 2 $ 276,000 $ 138,000 $ 131,000
Springfield, MA 2 $ 292,000 $ 146,000 $ 72,000
St. Louis, MO-IL 2 $ 283,000 $ 141,500 $ 34,000
Tallahassee, FL 2 $ 367,000 $ 183,500 $ 77,000
Vallejo-Fairfield, CA 2 $ 604,000 $ 302,000 $ 71,000
Warren-Troy-Farmington Hills, MI 2 $ 1,184,000 $ 592,000 $ 615,000
Washington-Arlington-Alexandria, DC-VA-MD-WV 2 $ 480,000 $ 240,000 $ 85,500
Allentown-Bethlehem-Easton, PA-NJ 1 $ 175,000 $ 175,000 $ 64,000
Asheville, NC 1 $ 264,000 $ 264,000 $ 214,000
Austin-Round Rock, TX 1 $ 150,000 $ 150,000 $ 63,000
Barnstable Town, MA 1 $ 540,000 $ 540,000 $ 0
Boise City-Nampa, ID 1 $ 143,000 $ 143,000 $ 52,000
Bremerton-Silverdale, WA 1 $ 110,000 $ 110,000 $ 41,000
Brunswick, GA 1 $ 225,000 $ 225,000 $ 100,000
Cape Coral-Fort Myers, FL 1 $ 417,000 $ 417,000 $ 275,000
Cedar Rapids, IA 1 $ 549,000 $ 549,000 $ 0
Columbus, OH 1 $ 127,000 $ 127,000 $ 133,000
Corvallis, OR 1 $ 223,000 $ 223,000 $ 61,000
Davenport-Moline-Rock Island, IA-IL 1 $ 121,000 $ 121,000 $ 134,000
Decatur, IL 1 $ 272,000 $ 272,000 $ 81,000
Detroit-Livonia-Dearborn, MI 1 $ 184,000 $ 184,000 $ 79,000
Duluth, MN-WI 1 $ 200,000 $ 200,000 $ 106,000
Durham, NC 1 $ 336,000 $ 336,000 $ 72,000
El Centro, CA 1 $ 96,000 $ 96,000 $ 90,000
Evansville, IN-KY 1 $ 488,000 $ 488,000 $ 103,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 1 $ 163,000 $ 163,000 $ 44,000
Fort Walton Beach-Crestview-Destin, FL 1 $ 900,000 $ 900,000 $ 432,000
Fort Worth-Arlington, TX 1 $ 114,000 $ 114,000 $ 85,000
Fresno, CA 1 $ 352,000 $ 352,000 $ 52,000
Greeley, CO 1 $ 100,000 $ 100,000 $ 47,000
Greenville, NC 1 $ 94,000 $ 94,000 $ 33,000
Kansas City, MO-KS 1 $ 156,000 $ 156,000 $ 88,000
Kennewick-Richland-Pasco, WA 1 $ 188,000 $ 188,000 $ 145,000
Knoxville, TN 1 $ 188,000 $ 188,000 $ 157,000
Lebanon, PA 1 $ 212,000 $ 212,000 $ 61,000
Little Rock-North Little Rock-Conway, AR 1 $ 114,000 $ 114,000 $ 26,000
Manchester-Nashua, NH 1 $ 282,000 $ 282,000 $ 89,000
Medford, OR 1 $ 148,000 $ 148,000 $ 314,000
Myrtle Beach-Conway-North Myrtle Beach, SC 1 $ 220,000 $ 220,000 $ 90,000
Napa, CA 1 $ 90,000 $ 90,000 $ 97,000
Naples-Marco Island, FL 1 $ 400,000 $ 400,000 $ 258,000
Ogden-Clearfield, UT 1 $ 192,000 $ 192,000 $ 44,000
Pensacola-Ferry Pass-Brent, FL 1 $ 155,000 $ 155,000 $ 84,000
Pittsburgh, PA 1 $ 150,000 $ 150,000 $ 218,000
Pittsfield, MA 1 $ 406,000 $ 406,000 $ 141,000
Port St. Lucie, FL 1 $ 770,000 $ 770,000 $ 135,000
Portland-South Portland-Biddeford, ME 1 $ 221,000 $ 221,000 $ 102,000
Provo-Orem, UT 1 $ 122,000 $ 122,000 $ 223,000
Pueblo, CO 1 $ 141,000 $ 141,000 $ 59,000
Rapid City, SD 1 $ 148,000 $ 148,000 $ 272,000
Reading, PA 1 $ 150,000 $ 150,000 $ 71,000
Salinas, CA 1 $ 239,000 $ 239,000 $ 342,000
Sheboygan, WI 1 $ 250,000 $ 250,000 $ 92,000
St. George, UT 1 $ 200,000 $ 200,000 $ 34,000
State College, PA 1 $ 967,000 $ 967,000 $ 267,000
Stockton, CA 1 $ 300,000 $ 300,000 $ 144,000
Tacoma, WA 1 $ 203,000 $ 203,000 $ 41,000
Toledo, OH 1 $ 103,000 $ 103,000 $ 62,000
Tulsa, OK 1 $ 164,000 $ 164,000 $ 72,000
Visalia-Porterville, CA 1 $ 187,000 $ 187,000 $ 50,000
Yakima, WA 1 $ 760,000 $ 760,000 $ 240,000
Yuma, AZ 1 $ 50,000 $ 50,000 $ 49,000

Mortgage Loan Application Detail Totals for Innovex Mortgage, Inc in 2007

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
Refinancing 275 $88,392,000 $321,000 $1,180,000 $128,000 $792,000
Home Purchase 173 $60,720,000 $350,000 $1,500,000 $193,000 $4,000,000
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
White 370 $120,379,000 $325,000 $1,500,000 $149,000 $4,000,000
Hispanic 25 $7,420,000 $296,000 $1,000,000 $128,000 $305,000
Not Provided 20 $7,249,000 $362,000 $900,000 $164,000 $701,000
Asian 14 $6,659,000 $475,000 $1,000,000 $146,000 $335,000
Black or African American 13 $5,234,000 $402,000 $877,000 $277,000 $1,184,000
Native Hawaiian or Other Pacific Islander 6 $2,171,000 $361,000 $772,000 $235,000 $391,000
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) 448 $149,112,000 $332,000 $1,500,000 $153,000 $4,000,000
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 353 $114,836,000 $325,000 $1,500,000 $143,000 $1,184,000
Application Approved But Not Accepted 37 $15,035,000 $406,000 $1,208,000 $151,000 $759,000
Application Denied By Financial Institution 30 $10,772,000 $359,000 $900,000 $265,000 $4,000,000
File Closed For Incompleteness 15 $5,374,000 $358,000 $967,000 $148,000 $314,000
Application Withdrawn By Applicant 13 $3,095,000 $238,000 $417,000 $178,000 $652,000
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
Collateral 15 $5,440,000 $362,000 $900,000 $425,000 $4,000,000
Debt-To-Income Ratio 7 $2,898,000 $414,000 $760,000 $125,000 $321,000
Unverifiable Information 4 $1,131,000 $282,000 $405,000 $104,000 $162,000
Credit History 3 $853,000 $284,000 $328,000 $73,000 $121,000
Insufficient Cash (Downpayment, Closing Cost) 1 $450,000 $450,000 $450,000 $81,000 $81,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Other 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Innovex Mortgage, Inc's 2007 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 Innovex Mortgage, 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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