AllMortgageDetail - Mortgage Application Details

Pennymac Loan Services Llc
Mortgage Loan Application
Totals and Details
for 2014

Download the entire list of lenders located in California to a Spreadsheet or Other File Type
Mortgage Company & Address Pennymac Loan Services Llc
6101 Condor Drive Suite 200
Moorpark, CA 93021
Federal Regulator Department of Housing and Urban Development (HUD)
Years 2014  2013  2012  2011  2010  2009  
Total Number of Mortgage Applications 95,337
Total Mortgage Loan Application Amount $19,322,242,000
Average Mortgage Loan Application Amount $148,885
Highest Mortgage Loan Application Amount $1,500,000
Average Applicant Income $5,335
Highest Applicant Income $1,580,000

Mortgage Loan Application Detail Totals for Pennymac Loan Services Llc in 2014

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 69,057 $14,141,899,000 $204,000 $1,308,000 $1,000 $568,000
Refinancing 26,121 $5,147,650,000 $197,000 $1,500,000 $25,000 $1,580,000
Home Improvement 160 $32,889,000 $205,000 $569,000 $76,000 $222,000

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
Not applicable 75,778 $15,671,953,000 $206,000 $1,328,000 $0 $0
White 11,223 $2,065,628,000 $184,000 $1,251,000 $38,000 $1,080,000
Black or African American 2,841 $452,945,000 $159,000 $664,000 $26,000 $345,000
Hispanic 2,603 $499,670,000 $191,000 $1,065,000 $43,000 $1,580,000
Not Provided 1,699 $335,233,000 $197,000 $1,500,000 $45,000 $907,000
Asian 800 $218,115,000 $272,000 $688,000 $82,000 $600,000
American Indian or Alaskan Native 235 $40,922,000 $174,000 $580,000 $29,000 $250,000
Native Hawaiin or Other Pacific Islander 159 $37,972,000 $238,000 $597,000 $55,000 $430,000

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
FHA-insured (Federal Housing Administration) 48,111 $8,830,480,000 $183,000 $928,000 $3,000 $1,080,000
VA-guaranteed (Veterans Administration) 30,466 $7,418,296,000 $243,000 $1,328,000 $0 $337,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 10,593 $1,576,422,000 $148,000 $556,000 $0 $0
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 6,168 $1,497,240,000 $242,000 $1,500,000 $97,000 $1,580,000

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 Purchased By The Institution 75,778 $15,671,953,000 $206,000 $1,328,000 $0 $0
Loan Originated 10,604 $1,940,205,000 $182,000 $1,120,000 $30,000 $1,080,000
Application Withdrawn By Applicant 3,518 $728,581,000 $207,000 $1,065,000 $55,000 $648,000
Application Denied By Financial Institution 3,355 $642,533,000 $191,000 $1,500,000 $56,000 $1,580,000
File Closed For Incompleteness 1,958 $310,577,000 $158,000 $708,000 $28,000 $720,000
Application Approved But Not Accepted 60 $11,672,000 $194,000 $535,000 $39,000 $212,000
Preapproval Approved but not Accepted 60 $15,567,000 $259,000 $626,000 $98,000 $568,000
Preapproval Denied by Financial Institution 5 $1,350,000 $270,000 $417,000 $169,000 $247,000

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
Credit History 1,064 $192,151,000 $180,000 $905,000 $51,000 $1,580,000
Other 673 $119,254,000 $177,000 $1,100,000 $51,000 $500,000
Debt-To-Income Ratio 659 $152,138,000 $230,000 $1,251,000 $64,000 $330,000
Credit Application Incomplete 429 $85,866,000 $200,000 $1,500,000 $55,000 $600,000
Collateral 322 $61,939,000 $192,000 $625,000 $80,000 $466,000
Insufficient Cash (Downpayment, Closing Cost) 143 $19,170,000 $134,000 $563,000 $34,000 $480,000
Unverifiable Information 44 $8,853,000 $201,000 $663,000 $88,000 $486,000
Employment History 23 $3,910,000 $170,000 $387,000 $49,000 $220,000
Mortgage Insurance Denied 1 $263,000 $263,000 $263,000 $114,000 $114,000