Pennymac Loan Services Llc
Mortgage Loan Application
Totals and Details
for 2016

Mortgage Company & Address Pennymac Loan Services Llc
3043 Townsgate Road
Westlake Village, CA 91361
Tel #: available with data download
Federal Regulator * available with data download
Years 2016  2015  2014  2013  2012  2011  2010  2009  
Total Number of Mortgage Applications 232,825
Total Mortgage Loan Application Amount $52,673,801,000
Average Mortgage Loan Application Amount $160,863
Highest Mortgage Loan Application Amount $3,220,000
Average Applicant Income $4,530
Highest Applicant Income $6,000,000
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Mortgage Loan Application Detail Totals for Pennymac Loan Services Llc in 2016

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 151,292 $32,226,451,000 $213,000 $3,040,000 $4,000 $3,176,000
Refinancing 86,585 $21,600,265,000 $249,000 $3,220,000 $19,000 $6,000,000
Home Improvement 286 $72,718,000 $254,000 $734,000 $94,000 $319,000

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 182,561 $40,147,416,000 $219,000 $3,220,000 $0 $0
White 31,416 $7,649,670,000 $243,000 $2,531,000 $44,000 $3,176,000
Hispanic 8,615 $2,140,062,000 $248,000 $1,100,000 $39,000 $1,375,000
Black or African American 7,145 $1,637,892,000 $229,000 $946,000 $25,000 $477,000
Not Provided 4,705 $1,234,750,000 $262,000 $1,272,000 $44,000 $1,639,000
Asian 2,580 $797,178,000 $308,000 $1,203,000 $72,000 $6,000,000
American Indian or Alaskan Native 657 $149,609,000 $227,000 $726,000 $31,000 $400,000
Native Hawaiin or Other Pacific Islander 484 $142,857,000 $295,000 $760,000 $48,000 $352,000

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) 131,043 $27,395,581,000 $209,000 $1,224,000 $1,000 $1,633,000
VA-guaranteed (Veterans Administration) 75,581 $19,666,639,000 $260,000 $2,531,000 $2,000 $1,063,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 17,001 $4,705,795,000 $276,000 $3,220,000 $112,000 $6,000,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 14,538 $2,131,419,000 $146,000 $694,000 $0 $200,000

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 182,545 $40,114,556,000 $219,000 $1,655,000 $0 $0
Loan Originated 25,066 $6,414,347,000 $255,000 $3,200,000 $27,000 $1,331,000
Application Denied By Financial Institution 14,078 $3,410,366,000 $242,000 $3,220,000 $50,000 $2,088,000
Application Withdrawn By Applicant 9,271 $2,288,938,000 $246,000 $3,040,000 $49,000 $6,000,000
Preapproval Denied by Financial Institution 4,203 $920,269,000 $218,000 $2,531,000 $83,000 $1,680,000
Preapproval Approved but not Accepted 1,134 $305,140,000 $269,000 $1,100,000 $107,000 $1,633,000
File Closed For Incompleteness 1,082 $244,344,000 $225,000 $979,000 $19,000 $649,000
Application Approved But Not Accepted 784 $201,474,000 $256,000 $755,000 $17,000 $311,000

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 Application Incomplete 11,359 $2,741,454,000 $241,000 $1,700,000 $53,000 $2,040,000
Credit History 3,173 $670,164,000 $211,000 $3,220,000 $67,000 $2,088,000
Debt-To-Income Ratio 2,097 $523,747,000 $249,000 $2,531,000 $66,000 $412,000
Other 698 $161,190,000 $230,000 $1,744,000 $53,000 $465,000
Collateral 527 $129,124,000 $245,000 $743,000 $68,000 $452,000
Unverifiable Information 258 $63,329,000 $245,000 $681,000 $85,000 $500,000
Insufficient Cash (Downpayment, Closing Cost) 133 $31,313,000 $235,000 $1,875,000 $17,000 $339,000
Employment History 30 $8,045,000 $268,000 $626,000 $91,000 $250,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
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