Paul Financial LLC Mortgage Lending & HMDA Data, 2007

In 2007, Paul Financial LLC of San Rafael, CA reported 7,511 mortgage applications totaling $3.1 billion, down 9% from 2006. The average application was for $416,526, and applicants reported an average income of $149,889. 33% of its applications resulted in an originated loan and 23% were denied. Its largest markets were Oakland-Fremont-Hayward, CA (1,005), Los Angeles-Long Beach-Glendale, CA (964) and Riverside-San Bernardino-Ontario, CA (631) (applications in parentheses).

Mortgage Company & Address Paul Financial LLC
1401 Los Gamos Dr
San Rafael, CA 94903
Tel #: available with data download
Federal Regulator * available with data download
Years 2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 7,511
Total Mortgage Loan Application Amount $3,128,528,000
Average Mortgage Loan Application Amount $416,526
Highest Mortgage Loan Application Amount $7,000,000
Average Applicant Income $149,889
Highest Applicant Income $2,988,000

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Act (HMDA) records Paul Financial LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Paul Financial LLC by County in 2007

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 964 $ 446,822,000 $ 463,508 $ 148,000
Contra Costa, California 565 $ 235,358,000 $ 416,562 $ 135,000
San Diego, California 459 $ 209,294,000 $ 455,978 $ 177,000
Alameda, California 440 $ 193,939,000 $ 440,770 $ 135,000
Santa Clara, California 433 $ 225,254,000 $ 520,217 $ 166,000
Riverside, California 390 $ 147,435,000 $ 378,038 $ 160,000
Orange, California 379 $ 208,926,000 $ 551,255 $ 182,000
Solano, California 283 $ 105,238,000 $ 371,865 $ 126,000
Maricopa, Arizona 257 $ 90,804,000 $ 353,322 $ 167,000
San Mateo, California 242 $ 130,556,000 $ 539,487 $ 163,000
San Bernardino, California 241 $ 83,381,000 $ 345,979 $ 128,000
Sacramento, California 207 $ 61,941,000 $ 299,231 $ 125,000
Sonoma, California 189 $ 86,217,000 $ 456,174 $ 159,000
San Joaquin, California 184 $ 60,732,000 $ 330,065 $ 131,000
King, Washington 160 $ 53,547,000 $ 334,668 $ 137,000
Clark, Nevada 129 $ 44,370,000 $ 343,953 $ 149,000
Marin, California 112 $ 67,228,000 $ 600,250 $ 164,000
San Francisco, California 111 $ 69,330,000 $ 624,594 $ 185,000
Clark, Washington 97 $ 22,184,000 $ 228,701 $ 101,000
Stanislaus, California 77 $ 26,089,000 $ 338,818 $ 152,000
Pierce, Washington 75 $ 23,022,000 $ 306,960 $ 219,000
Monterey, California 73 $ 38,707,000 $ 530,232 $ 192,000
Napa, California 73 $ 34,723,000 $ 475,657 $ 175,000
Snohomish, Washington 70 $ 19,391,000 $ 277,014 $ 115,000
Ventura, California 65 $ 36,490,000 $ 561,384 $ 160,000
Placer, California 61 $ 30,381,000 $ 498,049 $ 151,000
Fresno, California 57 $ 15,587,000 $ 273,456 $ 155,000
Kern, California 53 $ 12,825,000 $ 241,981 $ 93,000
Multnomah, Oregon 46 $ 10,791,000 $ 234,586 $ 88,000
Santa Cruz, California 43 $ 23,528,000 $ 547,162 $ 224,000
Merced, California 39 $ 11,171,000 $ 286,435 $ 116,000
El Dorado, California 35 $ 17,052,000 $ 487,200 $ 128,000
Denver, Colorado 30 $ 5,657,000 $ 188,566 $ 154,000
El Paso, Colorado 29 $ 6,543,000 $ 225,620 $ 154,000
Washoe, Nevada 29 $ 9,263,000 $ 319,413 $ 168,000
Pinal, Arizona 28 $ 7,347,000 $ 262,392 $ 141,000
Santa Barbara, California 28 $ 17,583,000 $ 627,964 $ 171,000
Jefferson, Colorado 28 $ 7,059,000 $ 252,107 $ 131,000
Douglas, Colorado 19 $ 6,020,000 $ 316,842 $ 227,000
San Luis Obispo, California 18 $ 7,651,000 $ 425,055 $ 92,000
Yolo, California 18 $ 7,381,000 $ 410,055 $ 146,000
Bernalillo, New Mexico 18 $ 6,094,000 $ 338,555 $ 176,000
Nevada, California 17 $ 5,639,000 $ 331,705 $ 112,000
Madera, California 16 $ 5,389,000 $ 336,812 $ 106,000
Arapahoe, Colorado 16 $ 4,416,000 $ 276,000 $ 140,000
Humboldt, California 15 $ 5,212,000 $ 347,466 $ 173,000
Tulare, California 15 $ 2,900,000 $ 193,333 $ 97,000
Calaveras, California 14 $ 5,440,000 $ 388,571 $ 311,000
Lake, California 14 $ 2,976,000 $ 212,571 $ 174,000
Clackamas, Oregon 14 $ 3,741,000 $ 267,214 $ 97,000
Yavapai, Arizona 13 $ 3,801,000 $ 292,384 $ 79,000
Mendocino, California 13 $ 5,562,000 $ 427,846 $ 150,000
Shasta, California 13 $ 3,555,000 $ 273,461 $ 110,000
Adams, Colorado 13 $ 2,581,000 $ 198,538 $ 158,000
Washington, Oregon 13 $ 3,603,000 $ 277,153 $ 82,000
Thurston, Washington 13 $ 2,690,000 $ 206,923 $ 64,000
Mohave, Arizona 12 $ 2,967,000 $ 247,250 $ 115,000
Pima, Arizona 12 $ 4,151,000 $ 345,916 $ 49,000
Boulder, Colorado 12 $ 4,140,000 $ 345,000 $ 199,000
Miami-Dade, Florida 12 $ 5,208,000 $ 434,000 $ 145,000
Weld, Colorado 11 $ 2,649,000 $ 240,818 $ 193,000
Kitsap, Washington 11 $ 2,969,000 $ 269,909 $ 212,000
Lane, Oregon 9 $ 2,210,000 $ 245,555 $ 73,000
Butte, California 8 $ 2,461,000 $ 307,625 $ 169,000
Imperial, California 8 $ 1,632,000 $ 204,000 $ 179,000
San Benito, California 8 $ 3,578,000 $ 447,250 $ 160,000
Sutter, California 8 $ 2,043,000 $ 255,375 $ 129,000
Broward, Florida 8 $ 2,196,000 $ 274,500 $ 82,000
Ada, Idaho 8 $ 1,717,000 $ 214,625 $ 172,000
Marion, Oregon 8 $ 1,189,000 $ 148,625 $ 90,000
Utah, Utah 8 $ 2,109,000 $ 263,625 $ 136,000
Tuolumne, California 7 $ 2,913,000 $ 416,142 $ 172,000
Davis, Utah 7 $ 1,233,000 $ 176,142 $ 99,000
Coconino, Arizona 6 $ 3,238,000 $ 539,666 $ 222,000
Colusa, California 6 $ 1,447,000 $ 241,166 $ 119,000
Tehama, California 6 $ 1,502,000 $ 250,333 $ 130,000
Palm Beach, Florida 6 $ 2,255,000 $ 375,833 $ 40,000
Canyon, Idaho 6 $ 1,260,000 $ 210,000 $ 108,000
Spokane, Washington 6 $ 1,288,000 $ 214,666 $ 110,000
Hillsborough, Florida 5 $ 1,159,000 $ 231,800 $ 77,000
Sandoval, New Mexico 5 $ 1,187,000 $ 237,400 $ 171,000
Polk, Oregon 5 $ 1,108,000 $ 221,600 $ 90,000
Yakima, Washington 5 $ 931,000 $ 186,200 $ 48,000
Cochise, Arizona 4 $ 672,000 $ 168,000 $ 57,000
Mono, California 4 $ 2,968,000 $ 742,000 $ 409,000
Eagle, Colorado 4 $ 1,127,000 $ 281,750 $ 282,000
Douglas, Nevada 4 $ 2,180,000 $ 545,000 $ 28,000
Santa Fe, New Mexico 4 $ 906,000 $ 226,500 $ 161,000
Deschutes, Oregon 4 $ 1,190,000 $ 297,500 $ 26,000
Salt Lake, Utah 4 $ 1,477,000 $ 369,250 $ 113,000
Clallam, Washington 4 $ 1,548,000 $ 387,000 $ 408,000
Island, Washington 4 $ 2,491,000 $ 622,750 $ 86,000
Navajo, Arizona 3 $ 1,148,000 $ 382,666 $ 173,000
Glenn, California 3 $ 642,000 $ 214,000 $ 162,000
Kings, California 3 $ 545,000 $ 181,666 $ 20,000
Siskiyou, California 3 $ 1,032,000 $ 344,000 $ 103,000
Yuba, California 3 $ 1,028,000 $ 342,666 $ 170,000
Elbert, Colorado 3 $ 968,000 $ 322,666 $ 112,000
Collier, Florida 3 $ 1,092,000 $ 364,000 $ 49,000
Lake, Florida 3 $ 1,034,000 $ 344,666 $ 99,000
Orange, Florida 3 $ 1,375,000 $ 458,333 $ 218,000
Carson City, Nevada 3 $ 1,461,000 $ 487,000 $ 106,000
Taos, New Mexico 3 $ 1,730,000 $ 576,666 $ 108,000
Jackson, Oregon 3 $ 403,000 $ 134,333 $ 40,000
Summit, Utah 3 $ 1,117,000 $ 372,333 $ 442,000
Benton, Washington 3 $ 622,000 $ 207,333 $ 94,000
Franklin, Washington 3 $ 289,000 $ 96,333 $ 39,000
Grant, Washington 3 $ 1,020,000 $ 340,000 $ 150,000
Skagit, Washington 3 $ 655,000 $ 218,333 $ 127,000
Amador, California 2 $ 502,000 $ 251,000 $ 62,000
Inyo, California 2 $ 930,000 $ 465,000 $ 138,000
Clear Creek, Colorado 2 $ 945,000 $ 472,500 $ 432,000
Garfield, Colorado 2 $ 806,000 $ 403,000 $ 153,000
Larimer, Colorado 2 $ 2,220,000 $ 1,110,000 $ 324,000
Brevard, Florida 2 $ 375,000 $ 187,500 $ 56,000
Lee, Florida 2 $ 759,000 $ 379,500 $ 142,000
Manatee, Florida 2 $ 825,000 $ 412,500 $ 0
Pasco, Florida 2 $ 379,000 $ 189,500 $ 25,000
Pinellas, Florida 2 $ 448,000 $ 224,000 $ 66,000
Polk, Florida 2 $ 414,000 $ 207,000 $ 123,000
St. Johns, Florida 2 $ 979,000 $ 489,500 $ 143,000
St. Lucie, Florida 2 $ 317,000 $ 158,500 $ 67,000
Bonneville, Idaho 2 $ 272,000 $ 136,000 $ 130,000
Twin Falls, Idaho 2 $ 157,000 $ 78,500 $ 62,000
Lyon, Nevada 2 $ 317,000 $ 158,500 $ 123,000
Tillamook, Oregon 2 $ 400,000 $ 200,000 $ 0
Weber, Utah 2 $ 790,000 $ 395,000 $ 111,000
Grays Harbor, Washington 2 $ 425,000 $ 212,500 $ 139,000
Lewis, Washington 2 $ 623,000 $ 311,500 $ 53,000
Mason, Washington 2 $ 374,000 $ 187,000 $ 91,000
Pacific, Washington 2 $ 443,000 $ 221,500 $ 81,000
Whatcom, Washington 2 $ 734,000 $ 367,000 $ 60,000
Gila, Arizona 1 $ 281,000 $ 281,000 $ 0
Graham, Arizona 1 $ 160,000 $ 160,000 $ 72,000
Yuma, Arizona 1 $ 232,000 $ 232,000 $ 17,000
Del Norte, California 1 $ 182,000 $ 182,000 $ 92,000
Plumas, California 1 $ 137,000 $ 137,000 $ 96,000
Sierra, California 1 $ 256,000 $ 256,000 $ 89,000
Trinity, California 1 $ 272,000 $ 272,000 $ 85,000
Grand, Colorado 1 $ 296,000 $ 296,000 $ 11,000
La Plata, Colorado 1 $ 296,000 $ 296,000 $ 55,000
Park, Colorado 1 $ 244,000 $ 244,000 $ 238,000
Routt, Colorado 1 $ 1,190,000 $ 1,190,000 $ 720,000
Summit, Colorado 1 $ 438,000 $ 438,000 $ 97,000
Teller, Colorado 1 $ 161,000 $ 161,000 $ 50,000
New Haven, Connecticut 1 $ 120,000 $ 120,000 $ 0
Duval, Florida 1 $ 596,000 $ 596,000 $ 126,000
Hernando, Florida 1 $ 145,000 $ 145,000 $ 58,000
Osceola, Florida 1 $ 261,000 $ 261,000 $ 53,000
Sarasota, Florida 1 $ 1,529,000 $ 1,529,000 $ 456,000
Volusia, Florida 1 $ 200,000 $ 200,000 $ 58,000
Blaine, Idaho 1 $ 425,000 $ 425,000 $ 144,000
Bonner, Idaho 1 $ 637,000 $ 637,000 $ 204,000
Prince George's, Maryland 1 $ 336,000 $ 336,000 $ 52,000
Queen Anne's, Maryland 1 $ 355,000 $ 355,000 $ 0
Oakland, Michigan 1 $ 192,000 $ 192,000 $ 0
Elko, Nevada 1 $ 132,000 $ 132,000 $ 60,000
Nye, Nevada 1 $ 350,000 $ 350,000 $ 88,000
Los Alamos, New Mexico 1 $ 332,000 $ 332,000 $ 204,000
Clatsop, Oregon 1 $ 480,000 $ 480,000 $ 180,000
Columbia, Oregon 1 $ 135,000 $ 135,000 $ 135,000
Coos, Oregon 1 $ 711,000 $ 711,000 $ 190,000
Crook, Oregon 1 $ 167,000 $ 167,000 $ 0
Douglas, Oregon 1 $ 241,000 $ 241,000 $ 99,000
Jefferson, Oregon 1 $ 200,000 $ 200,000 $ 60,000
Klamath, Oregon 1 $ 253,000 $ 253,000 $ 62,000
Linn, Oregon 1 $ 265,000 $ 265,000 $ 158,000
Umatilla, Oregon 1 $ 215,000 $ 215,000 $ 78,000
Yamhill, Oregon 1 $ 96,000 $ 96,000 $ 83,000
Spartanburg, South Carolina 1 $ 51,000 $ 51,000 $ 0
Cache, Utah 1 $ 258,000 $ 258,000 $ 59,000
Wasatch, Utah 1 $ 1,300,000 $ 1,300,000 $ 264,000
Washington, Utah 1 $ 980,000 $ 980,000 $ 0
Chesterfield, Virginia 1 $ 130,000 $ 130,000 $ 41,000
Fauquier, Virginia 1 $ 91,000 $ 91,000 $ 177,000
Louisa, Virginia 1 $ 237,000 $ 237,000 $ 102,000
Richmond City, Virginia 1 $ 77,000 $ 77,000 $ 68,000
Chelan, Washington 1 $ 1,800,000 $ 1,800,000 $ 475,000
Cowlitz, Washington 1 $ 157,000 $ 157,000 $ 64,000
Douglas, Washington 1 $ 214,000 $ 214,000 $ 65,000
Jefferson, Washington 1 $ 256,000 $ 256,000 $ 94,000
Kittitas, Washington 1 $ 312,000 $ 312,000 $ 93,000

Mortgage Loan Application Detail Totals for Paul Financial LLC 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
Home Improvement 2,985 $1,204,472,000 $403,000 $7,000,000 $148,000 $1,440,000
Refinancing 2,691 $1,201,303,000 $446,000 $6,700,000 $141,000 $2,988,000
Home Purchase 1,835 $722,753,000 $393,000 $3,000,000 $166,000 $1,380,000

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 2,973 $1,327,807,000 $446,000 $7,000,000 $165,000 $2,160,000
Not Provided 2,093 $863,192,000 $412,000 $1,948,000 $138,000 $1,740,000
Hispanic 1,309 $462,915,000 $353,000 $1,800,000 $128,000 $744,000
Asian 590 $258,914,000 $438,000 $1,502,000 $177,000 $940,000
Black or African American 365 $139,337,000 $381,000 $1,760,000 $128,000 $2,988,000
Native Hawaiian or Other Pacific Islander 152 $65,538,000 $431,000 $1,000,000 $139,000 $670,000
American Indian or Alaskan Native 29 $10,825,000 $373,000 $1,000,000 $148,000 $336,000
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) 7,509 $3,127,573,000 $416,000 $7,000,000 $150,000 $2,988,000
FHA-insured (Federal Housing Administration) 2 $955,000 $477,000 $563,000 $171,000 $228,000
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 2,496 $986,542,000 $395,000 $1,855,000 $139,000 $1,740,000
Application Approved But Not Accepted 2,304 $907,835,000 $394,000 $7,000,000 $151,000 $1,440,000
Application Denied By Financial Institution 1,710 $743,466,000 $434,000 $6,700,000 $162,000 $2,988,000
Application Withdrawn By Applicant 999 $490,206,000 $490,000 $5,730,000 $154,000 $1,740,000
Preapproval Denied by Financial Institution 2 $479,000 $239,000 $369,000 $126,000 $253,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
File Closed For Incompleteness 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
Other 578 $250,901,000 $434,000 $1,925,000 $157,000 $797,000
Credit History 417 $164,905,000 $395,000 $1,500,000 $138,000 $1,092,000
Debt-To-Income Ratio 242 $108,264,000 $447,000 $1,925,000 $168,000 $825,000
Collateral 231 $109,709,000 $474,000 $6,700,000 $192,000 $2,988,000
Unverifiable Information 151 $68,744,000 $455,000 $1,200,000 $163,000 $1,380,000
Employment History 38 $15,469,000 $407,000 $1,000,000 $188,000 $1,148,000
Insufficient Cash (Downpayment, Closing Cost) 9 $4,156,000 $461,000 $943,000 $164,000 $310,000
Credit Application Incomplete 3 $1,410,000 $470,000 $650,000 $79,000 $156,000
Mortgage Insurance Denied 2 $616,000 $308,000 $393,000 $84,000 $103,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Paul Financial LLC'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 Paul Financial 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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