Pennymac Loan Services, Llc.
Mortgage Loan Application
Totals and Details
for 2017

Find mortgage statistics in California.
The mortgage statistics provided below are specific to mortgages loaned by Pennymac Loan Services, Llc., and
charts are available for all areas of California.
Search for mortgage details by county or metropolitan area and explore the total number of mortgage applications and mortgage application details for 2003-2017.

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 2017  
Total Number of Mortgage Applications 240,165
Total Mortgage Loan Application Amount $51,465,469,000
Average Mortgage Loan Application Amount $159,522
Highest Mortgage Loan Application Amount $7,000,000
Average Applicant Income $6,498
Highest Applicant Income $3,648,000

We provide overall totals and averages for each year, as well as highest application amount and the income of the highest applicant.
As you search for the best mortgages in CA, our lists will give you a good idea what to expect in any situation.
These numbers will tell you what the best mortgage loans are by county, by race, and per income. With this information, you can be prepared to get the best mortgage price when you search out a mortgage lender.

Download the California Lender List

Our numbers detail mortgage loan totals in categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage applicants in California, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Pennymac Loan Services, Llc. in 2017

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 165,375 $34,034,402,000 $205,000 $4,176,000 $2,000 $2,120,000
Refinancing 74,926 $17,463,357,000 $233,000 $7,000,000 $28,000 $3,648,000
Home Improvement 402 $104,461,000 $259,000 $657,000 $99,000 $461,000

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 191,999 $40,192,981,000 $209,000 $7,000,000 $0 $0
White 27,374 $6,236,668,000 $227,000 $1,190,000 $54,000 $2,021,000
Hispanic 7,172 $1,700,408,000 $237,000 $1,185,000 $49,000 $3,648,000
Black or African American 6,167 $1,391,857,000 $225,000 $896,000 $33,000 $732,000
Not Provided 4,849 $1,206,587,000 $248,000 $1,087,000 $55,000 $1,714,000
Asian 2,129 $623,118,000 $292,000 $981,000 $79,000 $1,992,000
American Indian or Alaskan Native 638 $144,468,000 $226,000 $844,000 $47,000 $2,120,000
Native Hawaiin or Other Pacific Islander 375 $106,133,000 $283,000 $924,000 $54,000 $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) 125,713 $25,081,525,000 $199,000 $978,000 $1,000 $1,200,000
VA-guaranteed (Veterans Administration) 75,404 $18,525,371,000 $245,000 $1,523,000 $4,000 $732,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 20,845 $3,165,807,000 $151,000 $705,000 $6,000 $262,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 18,741 $4,829,517,000 $257,000 $7,000,000 $102,000 $3,648,000

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 191,953 $40,067,632,000 $208,000 $1,523,000 $0 $0
Loan Originated 23,201 $5,610,345,000 $241,000 $7,000,000 $44,000 $2,021,000
Application Denied By Financial Institution 14,218 $3,253,842,000 $228,000 $4,176,000 $60,000 $3,648,000
Application Withdrawn By Applicant 8,774 $2,097,378,000 $239,000 $5,400,000 $61,000 $1,500,000
Application Approved But Not Accepted 1,183 $274,130,000 $231,000 $840,000 $25,000 $502,000
File Closed For Incompleteness 840 $163,067,000 $194,000 $1,150,000 $23,000 $526,000
Preapproval Denied by Financial Institution 311 $74,441,000 $239,000 $650,000 $101,000 $2,120,000
Preapproval Approved but not Accepted 223 $61,385,000 $275,000 $960,000 $107,000 $732,000

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 6,426 $1,455,286,000 $226,000 $1,041,000 $59,000 $3,648,000
Credit History 2,624 $605,239,000 $230,000 $4,000,000 $77,000 $1,440,000
Debt-To-Income Ratio 2,286 $559,490,000 $244,000 $833,000 $62,000 $526,000
Other 1,380 $307,511,000 $222,000 $1,900,000 $52,000 $1,697,000
Collateral 933 $205,382,000 $220,000 $4,176,000 $47,000 $365,000
Insufficient Cash (Downpayment, Closing Cost) 397 $79,479,000 $200,000 $2,912,000 $18,000 $250,000
Unverifiable Information 285 $67,258,000 $235,000 $650,000 $92,000 $414,000
Employment History 66 $15,736,000 $238,000 $622,000 $81,000 $300,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage application data give you everything you need to know as you start your search for the best lenders in CA, and give you an idea of what the best mortgage loans really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in California, and search similar information back through 2003.

Download the California Lender List