Parkside Lending, LLC Mortgage Lending & HMDA Data, 2019

In 2019, Parkside Lending, LLC of San Francisco, CA reported 14,083 mortgage applications totaling $4.4 billion, up 63% from 2018. The average application was for $311,127, and applicants reported an average income of $112,382. 68% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Chicago-Naperville, IL (3,311), New York-Jersey City-White Plains, NY-NJ (599) and Los Angeles-Long Beach-Glendale, CA (588) (applications in parentheses).

Mortgage Company & Address Parkside Lending, LLC
1130 Howard St.
San Francisco, CA 94103
Tel #: available with data download
Federal Regulator * available with data download
Years 2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2007  
Total Number of Mortgage Applications 14,083
Total Mortgage Loan Application Amount $4,381,615,000
Average Mortgage Loan Application Amount $311,127
Highest Mortgage Loan Application Amount $3,005,000
Average Applicant Income $112,382
Highest Applicant Income $3,911,000

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(HMDA) records Parkside Lending, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

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Mortgage Loan Application Detail Totals for Parkside Lending, LLC 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 8,354 $2,390,260,000 $286,000 $2,525,000 $105,000 $2,550,000
Refinancing 3,153 $1,131,255,000 $358,000 $3,005,000 $120,000 $1,528,000
Cash-out Refinancing 2,573 $858,645,000 $333,000 $2,685,000 $127,000 $3,911,000
Home Improvement 3 $1,455,000 $485,000 $1,005,000 $125,000 $218,000
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
White 8,301 $2,583,635,000 $311,000 $2,525,000 $122,000 $3,911,000
Hispanic 2,340 $607,760,000 $259,000 $3,005,000 $84,000 $1,013,000
Not Provided 1,635 $573,715,000 $350,000 $2,605,000 $103,000 $2,550,000
Black or African American 888 $226,410,000 $254,000 $1,095,000 $86,000 $749,000
Asian 853 $363,975,000 $426,000 $2,685,000 $139,000 $1,680,000
American Indian or Alaskan Native 26 $7,930,000 $305,000 $725,000 $202,000 $1,680,000
Native Hawaiian or Other Pacific Islander 24 $7,930,000 $330,000 $735,000 $107,000 $266,000
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) 9,270 $3,150,100,000 $339,000 $3,005,000 $133,000 $3,911,000
FHA-insured (Federal Housing Administration) 3,714 $903,790,000 $243,000 $1,125,000 $75,000 $695,000
VA-guaranteed (Veterans Administration) 926 $297,540,000 $321,000 $1,535,000 $69,000 $356,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 173 $30,185,000 $174,000 $545,000 $58,000 $199,000

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 9,595 $2,864,805,000 $298,000 $2,525,000 $112,000 $2,026,000
Application Withdrawn By Applicant 2,634 $784,290,000 $297,000 $2,385,000 $98,000 $3,911,000
Application Approved But Not Accepted 1,061 $417,285,000 $393,000 $2,685,000 $140,000 $1,680,000
Application Denied By Financial Institution 786 $312,200,000 $397,000 $3,005,000 $130,000 $3,911,000
File Closed For Incompleteness 3 $1,225,000 $408,000 $905,000 $131,000 $300,000
Preapproval Approved but not Accepted 3 $1,135,000 $378,000 $625,000 $117,000 $204,000
Preapproval Denied by Financial Institution 1 $675,000 $675,000 $675,000 $143,000 $143,000
Loan Purchased By The 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 13,296 $4,068,740,000 $306,000 $2,685,000 $111,000 $3,911,000
Debt-To-Income Ratio 329 $133,875,000 $406,000 $2,505,000 $93,000 $910,000
Collateral 116 $47,290,000 $407,000 $1,505,000 $203,000 $3,911,000
Credit History 107 $41,085,000 $383,000 $2,105,000 $136,000 $1,536,000
Other 92 $35,320,000 $383,000 $2,505,000 $153,000 $1,691,000
Insufficient Cash (Downpayment, Closing Cost) 81 $35,315,000 $435,000 $3,005,000 $160,000 $1,177,000
Employment History 29 $8,675,000 $299,000 $1,285,000 $77,000 $354,000
Unverifiable Information 24 $8,200,000 $341,000 $1,135,000 $131,000 $480,000
Credit Application Incomplete 9 $3,115,000 $346,000 $765,000 $110,000 $227,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Parkside Lending, LLC'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 Parkside Lending, LLC'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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