R M K Financial Corp. Mortgage Lending & HMDA Data, 2019

In 2019, R M K Financial Corp. of Ontario, CA reported 2,431 mortgage applications totaling $834.6 million, down 42% from 2018. The average application was for $343,305, and applicants reported an average income of $105,307. 62% of its applications resulted in an originated loan and 9% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (402), Riverside-San Bernardino-Ontario, CA (273) and Anaheim-Santa Ana-Irvine, CA (121) (applications in parentheses).

Mortgage Company & Address R M K Financial Corp.
1819 S. Excise Avenue
Ontario, CA 91761
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2010  2009  
Total Number of Mortgage Applications 2,431
Total Mortgage Loan Application Amount $834,575,000
Average Mortgage Loan Application Amount $343,305
Highest Mortgage Loan Application Amount $3,505,000
Average Applicant Income $105,307
Highest Applicant Income $1,565,000

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 filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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 402 $ 189,420,000 $ 471,194 $ 125,000
San Bernardino, California 147 $ 46,315,000 $ 315,068 $ 112,000
Riverside, California 126 $ 40,710,000 $ 323,095 $ 94,000
Orange, California 121 $ 57,015,000 $ 471,198 $ 117,000
Alameda, California 54 $ 30,760,000 $ 569,629 $ 134,000
King, Washington 43 $ 19,055,000 $ 443,139 $ 115,000
Contra Costa, California 33 $ 15,055,000 $ 456,212 $ 115,000
El Paso, Texas 28 $ 3,390,000 $ 121,071 $ 62,000
San Joaquin, California 23 $ 8,675,000 $ 377,173 $ 107,000
Stanislaus, California 21 $ 7,405,000 $ 352,619 $ 92,000
San Diego, California 20 $ 9,180,000 $ 459,000 $ 126,000
Prince George's, Maryland 19 $ 6,055,000 $ 318,684 $ 86,000
Fairfax, Virginia 19 $ 7,365,000 $ 387,631 $ 99,000
Pierce, Washington 19 $ 7,805,000 $ 410,789 $ 87,000
Sacramento, California 18 $ 5,340,000 $ 296,666 $ 92,000
Miami-Dade, Florida 18 $ 4,310,000 $ 239,444 $ 76,000
Gwinnett, Georgia 15 $ 3,725,000 $ 248,333 $ 71,000
Fort Bend, Texas 12 $ 2,680,000 $ 223,333 $ 63,000
Kern, California 11 $ 2,745,000 $ 249,545 $ 84,000
Broward, Florida 11 $ 2,965,000 $ 269,545 $ 127,000
Prince William, Virginia 11 $ 3,105,000 $ 282,272 $ 78,000
Solano, California 9 $ 3,435,000 $ 381,666 $ 98,000
Harris, Texas 9 $ 1,645,000 $ 182,777 $ 91,000
Santa Clara, California 8 $ 4,560,000 $ 570,000 $ 141,000
Hartford, Connecticut 8 $ 1,900,000 $ 237,500 $ 75,000
Montgomery, Maryland 8 $ 2,800,000 $ 350,000 $ 92,000
Cook, Illinois 7 $ 1,545,000 $ 220,714 $ 71,000
Bexar, Texas 7 $ 1,695,000 $ 242,142 $ 83,000
Fresno, California 6 $ 1,740,000 $ 290,000 $ 72,000
Monterey, California 6 $ 2,960,000 $ 493,333 $ 118,000
Pinellas, Florida 6 $ 1,360,000 $ 226,666 $ 90,000
Clark, Nevada 6 $ 1,550,000 $ 258,333 $ 68,000
Montgomery, Pennsylvania 6 $ 1,710,000 $ 285,000 $ 85,000
San Francisco, California 5 $ 2,935,000 $ 587,000 $ 133,000
Ventura, California 5 $ 3,445,000 $ 689,000 $ 165,000
Lee, Florida 5 $ 1,145,000 $ 229,000 $ 63,000
Polk, Florida 5 $ 895,000 $ 179,000 $ 69,000
Clayton, Georgia 5 $ 995,000 $ 199,000 $ 88,000
Baltimore, Maryland 5 $ 1,415,000 $ 283,000 $ 104,000
Howard, Maryland 5 $ 1,715,000 $ 343,000 $ 105,000
Philadelphia, Pennsylvania 5 $ 1,125,000 $ 225,000 $ 61,000
James City, Virginia 5 $ 1,695,000 $ 339,000 $ 102,000
Arapahoe, Colorado 4 $ 1,320,000 $ 330,000 $ 89,000
Hillsborough, Florida 4 $ 920,000 $ 230,000 $ 84,000
Palm Beach, Florida 4 $ 1,040,000 $ 260,000 $ 134,000
DuPage, Illinois 4 $ 950,000 $ 237,500 $ 72,000
Washington, Oregon 4 $ 1,260,000 $ 315,000 $ 165,000
Virginia Beach, Virginia 4 $ 910,000 $ 227,500 $ 87,000
San Mateo, California 3 $ 2,135,000 $ 711,666 $ 160,000
Fairfield, Connecticut 3 $ 1,395,000 $ 465,000 $ 118,000
Orange, Florida 3 $ 725,000 $ 241,666 $ 114,000
Cobb, Georgia 3 $ 715,000 $ 238,333 $ 80,000
Douglas, Georgia 3 $ 685,000 $ 228,333 $ 80,000
Henry, Georgia 3 $ 775,000 $ 258,333 $ 141,000
Rockdale, Georgia 3 $ 655,000 $ 218,333 $ 83,000
Charles, Maryland 3 $ 1,115,000 $ 371,666 $ 82,000
Frederick, Maryland 3 $ 925,000 $ 308,333 $ 74,000
Camden, New Jersey 3 $ 465,000 $ 155,000 $ 60,000
Clackamas, Oregon 3 $ 1,155,000 $ 385,000 $ 138,000
Portsmouth, Virginia 3 $ 515,000 $ 171,666 $ 83,000
Suffolk, Virginia 3 $ 605,000 $ 201,666 $ 54,000
Lewis, Washington 3 $ 995,000 $ 331,666 $ 93,000
Marin, California 2 $ 1,190,000 $ 595,000 $ 239,000
Tulare, California 2 $ 540,000 $ 270,000 $ 97,000
New Haven, Connecticut 2 $ 430,000 $ 215,000 $ 45,000
Lake, Florida 2 $ 390,000 $ 195,000 $ 142,000
Marion, Florida 2 $ 430,000 $ 215,000 $ 56,000
Osceola, Florida 2 $ 520,000 $ 260,000 $ 72,000
St. Lucie, Florida 2 $ 390,000 $ 195,000 $ 80,000
Chatham, Georgia 2 $ 270,000 $ 135,000 $ 98,000
DeKalb, Georgia 2 $ 300,000 $ 150,000 $ 60,000
Lake, Illinois 2 $ 410,000 $ 205,000 $ 67,000
Calvert, Maryland 2 $ 600,000 $ 300,000 $ 80,000
Bernalillo, New Mexico 2 $ 360,000 $ 180,000 $ 90,000
Sumter, South Carolina 2 $ 300,000 $ 150,000 $ 66,000
Davidson, Tennessee 2 $ 580,000 $ 290,000 $ 115,000
Knox, Tennessee 2 $ 320,000 $ 160,000 $ 42,000
Midland, Texas 2 $ 230,000 $ 115,000 $ 51,000
Montgomery, Texas 2 $ 470,000 $ 235,000 $ 73,000
Tarrant, Texas 2 $ 410,000 $ 205,000 $ 70,000
Arlington, Virginia 2 $ 640,000 $ 320,000 $ 164,000
Chesapeake, Virginia 2 $ 350,000 $ 175,000 $ 62,000
Chesterfield, Virginia 2 $ 440,000 $ 220,000 $ 104,000
Hampton, Virginia 2 $ 420,000 $ 210,000 $ 140,000
Newport News, Virginia 2 $ 440,000 $ 220,000 $ 68,000
Spotsylvania, Virginia 2 $ 310,000 $ 155,000 $ 83,000
Kitsap, Washington 2 $ 730,000 $ 365,000 $ 78,000
Maricopa, Arizona 1 $ 285,000 $ 285,000 $ 119,000
Mohave, Arizona 1 $ 65,000 $ 65,000 $ 13,000
Calaveras, California 1 $ 385,000 $ 385,000 $ 75,000
El Dorado, California 1 $ 435,000 $ 435,000 $ 144,000
Merced, California 1 $ 285,000 $ 285,000 $ 49,000
Placer, California 1 $ 325,000 $ 325,000 $ 72,000
San Luis Obispo, California 1 $ 395,000 $ 395,000 $ 108,000
Santa Cruz, California 1 $ 445,000 $ 445,000 $ 79,000
Shasta, California 1 $ 425,000 $ 425,000 $ 102,000
Yuba, California 1 $ 265,000 $ 265,000 $ 52,000
Pueblo, Colorado 1 $ 145,000 $ 145,000 $ 78,000
Kent, Delaware 1 $ 155,000 $ 155,000 $ 41,000
New Castle, Delaware 1 $ 285,000 $ 285,000 $ 0
Alachua, Florida 1 $ 335,000 $ 335,000 $ 194,000
Brevard, Florida 1 $ 305,000 $ 305,000 $ 200,000
Clay, Florida 1 $ 115,000 $ 115,000 $ 38,000
Collier, Florida 1 $ 255,000 $ 255,000 $ 78,000
Columbia, Florida 1 $ 175,000 $ 175,000 $ 55,000
Duval, Florida 1 $ 165,000 $ 165,000 $ 47,000
Escambia, Florida 1 $ 175,000 $ 175,000 $ 48,000
Flagler, Florida 1 $ 205,000 $ 205,000 $ 0
Hernando, Florida 1 $ 175,000 $ 175,000 $ 73,000
Highlands, Florida 1 $ 295,000 $ 295,000 $ 145,000
Martin, Florida 1 $ 185,000 $ 185,000 $ 46,000
Pasco, Florida 1 $ 185,000 $ 185,000 $ 54,000
Sarasota, Florida 1 $ 255,000 $ 255,000 $ 81,000
Seminole, Florida 1 $ 195,000 $ 195,000 $ 47,000
Volusia, Florida 1 $ 175,000 $ 175,000 $ 74,000
Columbia, Georgia 1 $ 105,000 $ 105,000 $ 60,000
Coweta, Georgia 1 $ 225,000 $ 225,000 $ 47,000
Fulton, Georgia 1 $ 205,000 $ 205,000 $ 80,000
Paulding, Georgia 1 $ 305,000 $ 305,000 $ 77,000
Hamilton, Indiana 1 $ 465,000 $ 465,000 $ 313,000
Ascension, Louisiana 1 $ 145,000 $ 145,000 $ 21,000
Tangipahoa, Louisiana 1 $ 185,000 $ 185,000 $ 53,000
Baltimore City, Maryland 1 $ 215,000 $ 215,000 $ 48,000
Washington, Maryland 1 $ 195,000 $ 195,000 $ 66,000
Bergen, New Jersey 1 $ 345,000 $ 345,000 $ 102,000
Passaic, New Jersey 1 $ 235,000 $ 235,000 $ 0
Sandoval, New Mexico 1 $ 315,000 $ 315,000 $ 147,000
Santa Fe, New Mexico 1 $ 115,000 $ 115,000 $ 29,000
Taos, New Mexico 1 $ 115,000 $ 115,000 $ 93,000
Carteret, North Carolina 1 $ 115,000 $ 115,000 $ 79,000
Cleveland, North Carolina 1 $ 105,000 $ 105,000 $ 43,000
Craven, North Carolina 1 $ 195,000 $ 195,000 $ 62,000
Cumberland, North Carolina 1 $ 135,000 $ 135,000 $ 150,000
Durham, North Carolina 1 $ 145,000 $ 145,000 $ 61,000
Gaston, North Carolina 1 $ 215,000 $ 215,000 $ 50,000
Guilford, North Carolina 1 $ 165,000 $ 165,000 $ 198,000
Jones, North Carolina 1 $ 175,000 $ 175,000 $ 38,000
Mecklenburg, North Carolina 1 $ 305,000 $ 305,000 $ 113,000
New Hanover, North Carolina 1 $ 195,000 $ 195,000 $ 152,000
Onslow, North Carolina 1 $ 155,000 $ 155,000 $ 142,000
Wayne, North Carolina 1 $ 155,000 $ 155,000 $ 92,000
Mahoning, Ohio 1 $ 135,000 $ 135,000 $ 103,000
Klamath, Oregon 1 $ 195,000 $ 195,000 $ 97,000
Marion, Oregon 1 $ 755,000 $ 755,000 $ 0
Centre, Pennsylvania 1 $ 245,000 $ 245,000 $ 122,000
Delaware, Pennsylvania 1 $ 275,000 $ 275,000 $ 70,000
Lawrence, Pennsylvania 1 $ 225,000 $ 225,000 $ 148,000
Lehigh, Pennsylvania 1 $ 105,000 $ 105,000 $ 33,000
Luzerne, Pennsylvania 1 $ 95,000 $ 95,000 $ 27,000
Berkeley, South Carolina 1 $ 95,000 $ 95,000 $ 64,000
Hamblen, Tennessee 1 $ 205,000 $ 205,000 $ 188,000
Hawkins, Tennessee 1 $ 125,000 $ 125,000 $ 41,000
Jefferson, Tennessee 1 $ 155,000 $ 155,000 $ 51,000
Roane, Tennessee 1 $ 135,000 $ 135,000 $ 165,000
Rutherford, Tennessee 1 $ 215,000 $ 215,000 $ 46,000
Dallas, Texas 1 $ 175,000 $ 175,000 $ 93,000
Denton, Texas 1 $ 275,000 $ 275,000 $ 75,000
Nueces, Texas 1 $ 245,000 $ 245,000 $ 84,000
Williamson, Texas 1 $ 375,000 $ 375,000 $ 110,000
Alexandria, Virginia 1 $ 445,000 $ 445,000 $ 205,000
Fairfax City, Virginia 1 $ 495,000 $ 495,000 $ 120,000
Fauquier, Virginia 1 $ 245,000 $ 245,000 $ 72,000
Henrico, Virginia 1 $ 455,000 $ 455,000 $ 96,000
Loudoun, Virginia 1 $ 355,000 $ 355,000 $ 57,000
Norfolk, Virginia 1 $ 155,000 $ 155,000 $ 70,000
Rappahannock, Virginia 1 $ 425,000 $ 425,000 $ 0
Kittitas, Washington 1 $ 485,000 $ 485,000 $ 124,000
Racine, Wisconsin 1 $ 175,000 $ 175,000 $ 110,000
St. Croix, Wisconsin 1 $ 255,000 $ 255,000 $ 101,000

Mortgage Loan Application Detail Totals for R M K Financial Corp. 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 1,573 $554,285,000 $352,000 $2,585,000 $100,000 $1,565,000
Cash-out Refinancing 543 $171,975,000 $316,000 $3,505,000 $111,000 $1,450,000
Refinancing 315 $108,315,000 $343,000 $2,505,000 $122,000 $1,103,000
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 733 $295,085,000 $402,000 $3,505,000 $104,000 $1,450,000
Not Provided 685 $212,255,000 $309,000 $1,595,000 $107,000 $1,131,000
Hispanic 459 $143,825,000 $313,000 $1,155,000 $93,000 $1,565,000
White 341 $130,895,000 $383,000 $3,005,000 $123,000 $1,103,000
Black or African American 184 $45,980,000 $249,000 $2,585,000 $97,000 $1,190,000
Not applicable 14 $2,790,000 $199,000 $365,000 $62,000 $106,000
Native Hawaiian or Other Pacific Islander 10 $2,550,000 $255,000 $405,000 $64,000 $144,000
American Indian or Alaskan Native 5 $1,195,000 $239,000 $395,000 $78,000 $156,000

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) 1,234 $474,220,000 $384,000 $3,505,000 $115,000 $1,565,000
FHA-insured (Federal Housing Administration) 985 $305,905,000 $310,000 $855,000 $89,000 $294,000
VA-guaranteed (Veterans Administration) 212 $54,450,000 $256,000 $705,000 $114,000 $388,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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 1,506 $538,370,000 $357,000 $3,505,000 $103,000 $1,565,000
Application Withdrawn By Applicant 707 $233,915,000 $330,000 $2,585,000 $110,000 $1,190,000
Application Denied By Financial Institution 218 $62,290,000 $285,000 $1,405,000 $96,000 $508,000
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
Not applicable 2,213 $772,285,000 $348,000 $3,505,000 $105,000 $1,565,000
Credit History 77 $19,205,000 $249,000 $725,000 $102,000 $385,000
Debt-To-Income Ratio 62 $17,650,000 $284,000 $1,175,000 $75,000 $286,000
Other 30 $8,770,000 $292,000 $725,000 $111,000 $495,000
Collateral 18 $6,370,000 $353,000 $1,405,000 $97,000 $286,000
Unverifiable Information 12 $4,150,000 $345,000 $585,000 $99,000 $161,000
Credit Application Incomplete 9 $3,065,000 $340,000 $525,000 $135,000 $508,000
Employment History 7 $2,265,000 $323,000 $695,000 $114,000 $265,000
Insufficient Cash (Downpayment, Closing Cost) 3 $815,000 $271,000 $325,000 $73,000 $86,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into R M K Financial Corp.'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 R M K Financial Corp.'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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