New Wave Lending Group Inc Mortgage Lending & HMDA Data, 2025

In 2025, New Wave Lending Group Inc of City of Industry, CA reported 6,188 mortgage applications totaling $3.6 billion, up 23% from 2024. The average application was for $586,969, and applicants reported an average income of $270,544. 68% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (1,421), Anaheim-Santa Ana-Irvine, CA (784) and Riverside-San Bernardino-Ontario, CA (459) (applications in parentheses).

Mortgage Company & Address New Wave Lending Group Inc
17700 Castleton St. #268
City of Industry, CA 91748
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  2017  
Total Number of Mortgage Applications 6,188
Total Mortgage Loan Application Amount $3,632,170,000
Average Mortgage Loan Application Amount $586,969
Highest Mortgage Loan Application Amount $4,505,000
Average Applicant Income $270,544
Highest Applicant Income $6,991,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records New Wave Lending Group Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 New Wave Lending Group Inc by Metropolitan Area in 2025

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
Los Angeles-Long Beach-Glendale, CA 1,421 $ 1,043,905,000 $ 734,627 $ 380,000
Anaheim-Santa Ana-Irvine, CA 784 $ 590,350,000 $ 752,997 $ 354,000
Outside any metro area 740 $ 406,570,000 $ 549,418 $ 251,340
Riverside-San Bernardino-Ontario, CA 459 $ 228,035,000 $ 496,808 $ 242,000
Oakland-Hayward-Berkeley, CA 250 $ 170,430,000 $ 681,720 $ 255,000
Atlanta-Sandy Springs-Roswell, GA 165 $ 70,265,000 $ 425,848 $ 164,000
Las Vegas-Henderson-Paradise, NV 165 $ 68,145,000 $ 413,000 $ 183,000
Chicago-Naperville, IL 159 $ 54,235,000 $ 341,100 $ 127,000
San Diego-Carlsbad, CA 140 $ 106,170,000 $ 758,357 $ 323,000
Houston-The Woodlands-Sugar Land, TX 129 $ 41,005,000 $ 317,868 $ 150,000
San Jose-Sunnyvale-Santa Clara, CA 122 $ 132,710,000 $ 1,087,786 $ 467,000
Dallas-Plano-Irving, TX 109 $ 40,305,000 $ 369,770 $ 138,000
San Francisco-Redwood City-South San Francisco, CA 95 $ 86,515,000 $ 910,684 $ 343,000
New York-Jersey City-White Plains, NY-NJ 84 $ 52,660,000 $ 626,904 $ 180,285
Sacramento--Roseville--Arden-Arcade, CA 84 $ 38,970,000 $ 463,928 $ 184,000
Arlington-Alexandria-Reston, VA-WV 70 $ 29,720,000 $ 424,571 $ 162,642
Bakersfield, CA 51 $ 17,735,000 $ 347,745 $ 313,000
Phoenix-Mesa-Scottsdale, AZ 46 $ 18,330,000 $ 398,478 $ 212,000
Orlando-Kissimmee-Sanford, FL 45 $ 15,045,000 $ 334,333 $ 89,000
Baltimore-Columbia-Towson, MD 42 $ 14,350,000 $ 341,666 $ 77,000
Fort Worth-Arlington, TX 41 $ 12,565,000 $ 306,463 $ 89,000
Philadelphia, PA 39 $ 9,535,000 $ 244,487 $ 79,000
Washington-Baltimore-Arlington, DC 39 $ 18,575,000 $ 476,282 $ 131,000
Oxnard-Thousand Oaks-Ventura, CA 37 $ 26,755,000 $ 723,108 $ 361,000
Virginia Beach-Norfolk-Newport News, VA-NC 36 $ 10,980,000 $ 305,000 $ 107,000
Fort Lauderdale-Pompano Beach-Deerfield Beach, FL 31 $ 13,315,000 $ 429,516 $ 149,000
Austin-Round Rock, TX 27 $ 15,305,000 $ 566,851 $ 357,000
Portland-Vancouver-Hillsboro, OR-WA 27 $ 13,235,000 $ 490,185 $ 222,333
Seattle-Bellevue-Everett, WA 27 $ 16,965,000 $ 628,333 $ 311,000
Jacksonville, FL 21 $ 6,575,000 $ 313,095 $ 184,000
Stockton-Lodi, CA 21 $ 7,195,000 $ 342,619 $ 155,000
Tampa, FL 21 $ 7,505,000 $ 357,380 $ 138,000
Denver-Aurora-Lakewood, CO 19 $ 9,185,000 $ 483,421 $ 160,000
Elgin, IL 19 $ 4,815,000 $ 253,421 $ 88,000
Fresno, CA 18 $ 6,660,000 $ 370,000 $ 314,000
Miami-Miami Beach-Kendall, FL 18 $ 8,640,000 $ 480,000 $ 308,000
San Antonio-New Braunfels, TX 18 $ 5,490,000 $ 305,000 $ 209,000
Lakewood-New Brunswick, NJ 16 $ 6,640,000 $ 415,000 $ 150,000
Urban Honolulu, HI 16 $ 10,320,000 $ 645,000 $ 166,000
Modesto, CA 15 $ 6,215,000 $ 414,333 $ 145,000
Visalia-Porterville, CA 15 $ 4,825,000 $ 321,666 $ 180,000
Warren-Troy-Farmington Hills, MI 14 $ 4,530,000 $ 323,571 $ 100,000
Washington, DC-MD 14 $ 5,140,000 $ 367,142 $ 79,000
West Palm Beach-Boca Raton-Delray Beach, FL 14 $ 5,130,000 $ 366,428 $ 124,000
Knoxville, TN 13 $ 4,315,000 $ 331,923 $ 145,000
Lakeland-Winter Haven, FL 13 $ 3,635,000 $ 279,615 $ 132,000
Charlotte-Concord-Gastonia, NC-SC 11 $ 3,855,000 $ 350,454 $ 80,000
Marietta, GA 11 $ 4,655,000 $ 423,181 $ 94,000
Charleston-North Charleston, SC 10 $ 3,820,000 $ 382,000 $ 209,000
Lake County-Kenosha County, IL-WI 10 $ 5,070,000 $ 507,000 $ 238,000
Montgomery County-Bucks County-Chester County, PA 10 $ 3,530,000 $ 353,000 $ 67,000
Raleigh, NC 10 $ 2,730,000 $ 273,000 $ 90,000
Savannah, GA 9 $ 2,675,000 $ 297,222 $ 124,000
Cape Coral-Fort Myers, FL 8 $ 2,540,000 $ 317,500 $ 202,000
Columbus, OH 8 $ 2,110,000 $ 263,750 $ 114,000
Nashville-Davidson--Murfreesboro--Franklin, TN 8 $ 3,230,000 $ 403,750 $ 78,000
North Port-Sarasota-Bradenton, FL 8 $ 3,500,000 $ 437,500 $ 140,000
Richmond, VA 8 $ 2,350,000 $ 293,750 $ 181,000
Columbia, SC 7 $ 1,795,000 $ 256,428 $ 99,000
Deltona-Daytona Beach-Ormond Beach, FL 7 $ 2,505,000 $ 357,857 $ 86,000
Hilton Head Island-Bluffton-Beaufort, SC 7 $ 2,115,000 $ 302,142 $ 111,000
Indianapolis-Carmel-Anderson, IN 7 $ 2,965,000 $ 423,571 $ 823,000
Minneapolis-St. Paul-Bloomington, MN-WI 7 $ 2,555,000 $ 365,000 $ 125,000
Salinas, CA 7 $ 4,295,000 $ 613,571 $ 205,000
Boston, MA 6 $ 3,880,000 $ 646,666 $ 4,000
Camden, NJ 6 $ 2,500,000 $ 416,666 $ 160,000
Chattanooga, TN-GA 6 $ 1,900,000 $ 316,666 $ 102,000
El Centro, CA 6 $ 2,000,000 $ 333,333 $ 351,000
Hartford-West Hartford-East Hartford, CT 6 $ 1,950,000 $ 325,000 $ 135,000
Nassau County-Suffolk County, NY 6 $ 3,540,000 $ 590,000 $ 0
Newark, NJ-PA 6 $ 2,180,000 $ 363,333 $ 555,000
Vallejo-Fairfield, CA 6 $ 2,230,000 $ 371,666 $ 136,000
Augusta-Richmond County, GA-SC 5 $ 725,000 $ 145,000 $ 138,200
Baton Rouge, LA 5 $ 1,365,000 $ 273,000 $ 83,000
Colorado Springs, CO 5 $ 1,885,000 $ 377,000 $ 81,000
Palm Bay-Melbourne-Titusville, FL 5 $ 1,745,000 $ 349,000 $ 109,000
Rochester, NY 5 $ 1,155,000 $ 231,000 $ 13,000
San Luis Obispo-Paso Robles-Arroyo Grande, CA 5 $ 2,665,000 $ 533,000 $ 284,000
Santa Maria-Santa Barbara, CA 5 $ 2,605,000 $ 521,000 $ 188,000
Santa Rosa, CA 5 $ 4,225,000 $ 845,000 $ 300,000
St. Petersburg-Clearwater-Largo, FL 5 $ 2,005,000 $ 401,000 $ 245,000
Wilmington, NC 5 $ 1,665,000 $ 333,000 $ 979,000
Everett, WA 4 $ 2,640,000 $ 660,000 $ 272,000
Tallahassee, FL 4 $ 1,240,000 $ 310,000 $ 88,000
Tulsa, OK 4 $ 1,210,000 $ 302,500 $ 97,000
Abilene, TX 3 $ 835,000 $ 278,333 $ 181,000
Allentown-Bethlehem-Easton, PA-NJ 3 $ 745,000 $ 248,333 $ 53,000
Beaumont-Port Arthur, TX 3 $ 595,000 $ 198,333 $ 91,000
Clarksville, TN-KY 3 $ 825,000 $ 275,000 $ 77,000
Cleveland, OH 3 $ 885,000 $ 295,000 $ 0
Corpus Christi, TX 3 $ 1,105,000 $ 368,333 $ 146,000
Detroit-Dearborn-Livonia, MI 3 $ 1,005,000 $ 335,000 $ 177,000
Durham-Chapel Hill, NC 3 $ 1,515,000 $ 505,000 $ 210,000
Gainesville, GA 3 $ 725,000 $ 241,666 $ 91,000
Grand Rapids-Wyoming, MI 3 $ 715,000 $ 238,333 $ 66,000
Jacksonville, NC 3 $ 1,785,000 $ 595,000 $ 146,000
Lake County-Porter County-Jasper County, IN 3 $ 935,000 $ 311,666 $ 72,000
Lake Havasu City-Kingman, AZ 3 $ 2,735,000 $ 911,666 $ 384,000
Lexington-Fayette, KY 3 $ 985,000 $ 328,333 $ 233,000
Milwaukee-Waukesha-West Allis, WI 3 $ 1,045,000 $ 348,333 $ 72,000
Ocala, FL 3 $ 835,000 $ 278,333 $ 105,000
Pittsburgh, PA 3 $ 855,000 $ 285,000 $ 18,000
Prescott Valley-Prescott, AZ 3 $ 1,265,000 $ 421,666 $ 184,000
Rocky Mount, NC 3 $ 725,000 $ 241,666 $ 77,000
Tacoma-Lakewood, WA 3 $ 1,605,000 $ 535,000 $ 444,000
Amarillo, TX 2 $ 510,000 $ 255,000 $ 108,000
Asheville, NC 2 $ 690,000 $ 345,000 $ 0
Birmingham-Hoover, AL 2 $ 610,000 $ 305,000 $ 36,000
Champaign-Urbana, IL 2 $ 700,000 $ 350,000 $ 290,000
Charlottesville, VA 2 $ 1,000,000 $ 500,000 $ 0
Columbus, GA-AL 2 $ 470,000 $ 235,000 $ 74,000
Dayton-Springfield-Kettering, OH 2 $ 480,000 $ 240,000 $ 46,000
Fayetteville, NC 2 $ 540,000 $ 270,000 $ 190,000
Gainesville, FL 2 $ 440,000 $ 220,000 $ 55,000
Greensboro-High Point, NC 2 $ 730,000 $ 365,000 $ 104,000
Greenville-Anderson-Mauldin, SC 2 $ 610,000 $ 305,000 $ 89,000
Hagerstown-Martinsburg, MD-WV 2 $ 700,000 $ 350,000 $ 121,000
Harrisburg-Carlisle, PA 2 $ 650,000 $ 325,000 $ 80,000
Hickory-Lenoir-Morganton, NC 2 $ 460,000 $ 230,000 $ 36,000
Johnson City, TN 2 $ 500,000 $ 250,000 $ 36,000
Kingsport-Bristol-Bristol, TN-VA 2 $ 680,000 $ 340,000 $ 280,000
Lafayette-West Lafayette, IN 2 $ 500,000 $ 250,000 $ 44,000
Lexington Park, MD 2 $ 480,000 $ 240,000 $ 33,000
Memphis, TN-MS-AR 2 $ 550,000 $ 275,000 $ 86,000
Merced, CA 2 $ 910,000 $ 455,000 $ 297,000
Montgomery, AL 2 $ 510,000 $ 255,000 $ 132,000
New Haven-Milford, CT 2 $ 1,080,000 $ 540,000 $ 79,000
Oklahoma City, OK 2 $ 270,000 $ 135,000 $ 33,000
Pensacola-Ferry Pass-Brent, FL 2 $ 2,770,000 $ 1,385,000 $ 673,000
Peoria, IL 2 $ 240,000 $ 120,000 $ 0
Port St. Lucie, FL 2 $ 500,000 $ 250,000 $ 96,000
Redding, CA 2 $ 550,000 $ 275,000 $ 123,000
Rockingham County-Strafford County, NH 2 $ 1,020,000 $ 510,000 $ 0
Slidell-Mandeville-Covington, LA 2 $ 300,000 $ 150,000 $ 0
Spokane-Spokane Valley, WA 2 $ 680,000 $ 340,000 $ 88,000
St. Louis, MO-IL 2 $ 390,000 $ 195,000 $ 0
Trenton, NJ 2 $ 1,730,000 $ 865,000 $ 398,000
Tucson, AZ 2 $ 440,000 $ 220,000 $ 195,000
Worcester, MA-CT 2 $ 560,000 $ 280,000 $ 0
Albuquerque, NM 1 $ 265,000 $ 265,000 $ 0
Ann Arbor, MI 1 $ 355,000 $ 355,000 $ 86,000
Atlantic City-Hammonton, NJ 1 $ 155,000 $ 155,000 $ 120,000
Auburn-Opelika, AL 1 $ 295,000 $ 295,000 $ 129,000
Beckley, WV 1 $ 205,000 $ 205,000 $ 0
Boulder, CO 1 $ 495,000 $ 495,000 $ 0
Bowling Green, KY 1 $ 285,000 $ 285,000 $ 79,000
Bozeman, MT 1 $ 245,000 $ 245,000 $ 0
Bridgeport-Stamford-Norwalk, CT 1 $ 365,000 $ 365,000 $ 126,000
Cambridge-Newton-Framingham, MA 1 $ 555,000 $ 555,000 $ 0
Canton-Massillon, OH 1 $ 85,000 $ 85,000 $ 48,000
Cincinnati, OH-KY-IN 1 $ 405,000 $ 405,000 $ 114,000
Cleveland, TN 1 $ 305,000 $ 305,000 $ 0
Crestview-Fort Walton Beach-Destin, FL 1 $ 455,000 $ 455,000 $ 254,000
El Paso, TX 1 $ 505,000 $ 505,000 $ 1,528,000
Fort Collins, CO 1 $ 535,000 $ 535,000 $ 0
Fort Wayne, IN 1 $ 295,000 $ 295,000 $ 422,000
Hanford-Corcoran, CA 1 $ 345,000 $ 345,000 $ 99,000
Homosassa Springs, FL 1 $ 205,000 $ 205,000 $ 114,000
Huntsville, AL 1 $ 365,000 $ 365,000 $ 85,000
Jonesboro, AR 1 $ 245,000 $ 245,000 $ 0
Kahului-Wailuku-Lahaina, HI 1 $ 1,085,000 $ 1,085,000 $ 0
Killeen-Temple, TX 1 $ 215,000 $ 215,000 $ 84,000
Las Cruces, NM 1 $ 155,000 $ 155,000 $ 0
Little Rock-North Little Rock-Conway, AR 1 $ 195,000 $ 195,000 $ 0
Lubbock, TX 1 $ 175,000 $ 175,000 $ 119,000
McAllen-Edinburg-Mission, TX 1 $ 295,000 $ 295,000 $ 107,000
Medford, OR 1 $ 335,000 $ 335,000 $ 182,000
Midland, TX 1 $ 255,000 $ 255,000 $ 174,000
Mobile, AL 1 $ 215,000 $ 215,000 $ 0
Napa, CA 1 $ 715,000 $ 715,000 $ 468,000
New Orleans-Metairie, LA 1 $ 325,000 $ 325,000 $ 121,000
Odessa, TX 1 $ 125,000 $ 125,000 $ 80,000
Panama City, FL 1 $ 295,000 $ 295,000 $ 90,000
Providence-Warwick, RI-MA 1 $ 725,000 $ 725,000 $ 0
Punta Gorda, FL 1 $ 295,000 $ 295,000 $ 0
Reno, NV 1 $ 355,000 $ 355,000 $ 453,000
Roanoke, VA 1 $ 275,000 $ 275,000 $ 91,000
Salt Lake City, UT 1 $ 485,000 $ 485,000 $ 138,000
San Rafael, CA 1 $ 605,000 $ 605,000 $ 240,000
Scranton--Wilkes-Barre--Hazleton, PA 1 $ 145,000 $ 145,000 $ 0
Sebastian-Vero Beach, FL 1 $ 355,000 $ 355,000 $ 229,000
Spartanburg, SC 1 $ 425,000 $ 425,000 $ 132,000
Springfield, MA 1 $ 325,000 $ 325,000 $ 0
Staunton-Waynesboro, VA 1 $ 235,000 $ 235,000 $ 8,000
Wilmington, DE-MD-NJ 1 $ 295,000 $ 295,000 $ 0
Yuba City, CA 1 $ 125,000 $ 125,000 $ 55,000
Yuma, AZ 1 $ 105,000 $ 105,000 $ 0

Mortgage Loan Application Detail Totals for New Wave Lending Group Inc in 2025

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 3,839 $2,192,065,000 $570,000 $4,005,000 $247,000 $6,991,000
Refinancing 1,307 $796,615,000 $609,000 $4,005,000 $321,000 $6,187,000
Cash-out Refinancing 1,042 $643,490,000 $617,000 $4,505,000 $294,000 $5,720,000
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
Not Provided 6,110 $3,585,080,000 $586,000 $4,005,000 $271,000 $6,991,000
Asian 63 $35,675,000 $566,000 $2,245,000 $232,000 $1,187,000
Hispanic 7 $3,095,000 $442,000 $685,000 $140,000 $279,000
White 6 $7,470,000 $1,245,000 $4,505,000 $707,000 $2,639,000
Not applicable 1 $135,000 $135,000 $135,000 $0 $0
American Indian or Alaskan Native 0 $0 $0 $0 $0 $0
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Black or African American 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) 6,104 $3,582,830,000 $586,000 $4,505,000 $272,000 $6,991,000
FHA-insured (Federal Housing Administration) 84 $49,340,000 $587,000 $1,015,000 $145,000 $321,000
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 4,177 $2,440,565,000 $584,000 $4,005,000 $272,000 $6,991,000
Application Withdrawn By Applicant 1,894 $1,128,050,000 $595,000 $4,505,000 $267,000 $6,187,000
Application Approved But Not Accepted 101 $55,055,000 $545,000 $2,475,000 $263,000 $1,806,000
Application Denied By Financial Institution 15 $7,925,000 $528,000 $1,105,000 $188,000 $658,000
File Closed For Incompleteness 1 $575,000 $575,000 $575,000 $136,000 $136,000
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 6,173 $3,624,245,000 $587,000 $4,505,000 $271,000 $6,991,000
Collateral 7 $4,475,000 $639,000 $1,105,000 $140,000 $540,000
Other 5 $1,845,000 $369,000 $455,000 $138,000 $223,000
Insufficient Cash (Downpayment, Closing Cost) 2 $1,230,000 $615,000 $725,000 $248,000 $259,000
Unverifiable Information 1 $375,000 $375,000 $375,000 $658,000 $658,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Debt-To-Income Ratio 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into New Wave Lending Group Inc's 2025 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 New Wave Lending Group 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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