Santa Barbara Bank & Trust N.A Mortgage Lending & HMDA Data, 2007
In 2007, Santa Barbara Bank & Trust N.A of Goleta, CA reported 1,595 mortgage applications totaling $716.7 million, down 10% from 2006. The average application was for $449,333, and applicants reported an average income of $235,134. 67% of its applications resulted in an originated loan and 17% were denied. Its largest markets were Santa Barbara-Santa Maria-Goleta, CA (534), Oxnard-Thousand Oaks-Ventura, CA (429) and Los Angeles-Long Beach-Glendale, CA (173) (applications in parentheses).
| Mortgage Company & Address | Santa Barbara Bank & Trust N.A 1 South Los Carneros Rd Goleta, CA 93117 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,595 |
| Total Mortgage Loan Application Amount | $716,687,000 |
| Average Mortgage Loan Application Amount | $449,333 |
| Highest Mortgage Loan Application Amount | $11,700,000 |
| Average Applicant Income | $235,134 |
| Highest Applicant Income | $9,999,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Santa Barbara Bank & Trust N.A filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Detail Totals for Santa Barbara Bank & Trust N.A 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 | 924 | $394,547,000 | $426,000 | $11,700,000 | $234,000 | $9,999,000 |
| Home Purchase | 390 | $234,104,000 | $600,000 | $7,000,000 | $297,000 | $4,127,000 |
| Home Improvement | 281 | $88,036,000 | $313,000 | $3,950,000 | $153,000 | $2,522,000 |
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 | 1,047 | $509,529,000 | $486,000 | $11,700,000 | $285,000 | $9,999,000 |
| Hispanic | 348 | $99,205,000 | $285,000 | $1,295,000 | $119,000 | $1,290,000 |
| Not Provided | 88 | $53,741,000 | $610,000 | $2,128,000 | $242,000 | $733,000 |
| Asian | 61 | $28,937,000 | $474,000 | $1,710,000 | $155,000 | $552,000 |
| Not applicable | 19 | $12,569,000 | $661,000 | $4,800,000 | $0 | $0 |
| Black or African American | 17 | $6,180,000 | $363,000 | $760,000 | $132,000 | $398,000 |
| Native Hawaiian or Other Pacific Islander | 12 | $6,046,000 | $503,000 | $1,200,000 | $130,000 | $516,000 |
| American Indian or Alaskan Native | 3 | $480,000 | $160,000 | $250,000 | $90,000 | $175,000 |
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) | 1,595 | $716,687,000 | $449,000 | $11,700,000 | $235,000 | $9,999,000 |
| 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 | 1,073 | $446,329,000 | $415,000 | $4,800,000 | $223,000 | $9,999,000 |
| Application Denied By Financial Institution | 277 | $132,383,000 | $477,000 | $11,700,000 | $230,000 | $9,999,000 |
| Application Withdrawn By Applicant | 140 | $94,905,000 | $677,000 | $4,810,000 | $311,000 | $5,705,000 |
| Application Approved But Not Accepted | 53 | $20,464,000 | $386,000 | $2,438,000 | $212,000 | $2,010,000 |
| File Closed For Incompleteness | 52 | $22,606,000 | $434,000 | $2,470,000 | $327,000 | $4,231,000 |
| 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 | 89 | $50,811,000 | $570,000 | $11,700,000 | $321,000 | $9,999,000 |
| Credit History | 69 | $27,228,000 | $394,000 | $2,240,000 | $184,000 | $1,464,000 |
| Debt-To-Income Ratio | 66 | $15,168,000 | $229,000 | $2,128,000 | $87,000 | $384,000 |
| Other | 36 | $30,918,000 | $858,000 | $7,000,000 | $349,000 | $1,800,000 |
| Credit Application Incomplete | 8 | $3,899,000 | $487,000 | $1,500,000 | $329,000 | $751,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 7 | $3,669,000 | $524,000 | $824,000 | $200,000 | $552,000 |
| Unverifiable Information | 1 | $405,000 | $405,000 | $405,000 | $84,000 | $84,000 |
| Employment History | 1 | $285,000 | $285,000 | $285,000 | $69,000 | $69,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Santa Barbara Bank & Trust N.A'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 Santa Barbara Bank & Trust N.A'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