Point Mortgage Corporation Mortgage Lending & HMDA Data, 2018
In 2018, Point Mortgage Corporation of Chula Vista, CA reported 1,517 mortgage applications totaling $536.1 million, down 27% from 2017. The average application was for $353,404, and applicants reported an average income of $114,295. 78% of its applications resulted in an originated loan and 2% were denied. Its largest markets were San Diego-Carlsbad, CA (909), Riverside-San Bernardino-Ontario, CA (273) and Bakersfield, CA (143) (applications in parentheses).
| Mortgage Company & Address | Point Mortgage Corporation 864 Amena Court Chula Vista, CA 91910 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2018 2017 |
| Total Number of Mortgage Applications | 1,517 |
| Total Mortgage Loan Application Amount | $536,115,000 |
| Average Mortgage Loan Application Amount | $353,404 |
| Highest Mortgage Loan Application Amount | $1,845,000 |
| Average Applicant Income | $114,295 |
| Highest Applicant Income | $4,788,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Point Mortgage Corporation filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| San Diego-Carlsbad, CA | 909 | $ 360,185,000 | $ 396,243 | $ 121,000 |
| Riverside-San Bernardino-Ontario, CA | 273 | $ 84,885,000 | $ 310,934 | $ 114,000 |
| Bakersfield, CA | 143 | $ 26,965,000 | $ 188,566 | $ 79,000 |
| Miami-Miami Beach-Kendall, FL | 79 | $ 23,765,000 | $ 300,822 | $ 106,000 |
| Anaheim-Santa Ana-Irvine, CA | 22 | $ 9,510,000 | $ 432,272 | $ 124,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 16 | $ 4,020,000 | $ 251,250 | $ 96,000 |
| Los Angeles-Long Beach-Glendale, CA | 15 | $ 9,695,000 | $ 646,333 | $ 175,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 10 | $ 2,970,000 | $ 297,000 | $ 110,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 7 | $ 3,405,000 | $ 486,428 | $ 116,000 |
| El Centro, CA | 4 | $ 660,000 | $ 165,000 | $ 51,000 |
| Fresno, CA | 3 | $ 465,000 | $ 155,000 | $ 57,000 |
| Lakeland-Winter Haven, FL | 3 | $ 565,000 | $ 188,333 | $ 52,000 |
| Stockton-Lodi, CA | 3 | $ 1,285,000 | $ 428,333 | $ 109,000 |
| Orlando-Kissimmee-Sanford, FL | 2 | $ 430,000 | $ 215,000 | $ 46,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 2 | $ 810,000 | $ 405,000 | $ 77,000 |
| Santa Rosa, CA | 2 | $ 1,140,000 | $ 570,000 | $ 137,000 |
| Tampa-St. Petersburg-Clearwater, FL | 2 | $ 350,000 | $ 175,000 | $ 138,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 1 | $ 195,000 | $ 195,000 | $ 122,000 |
| Hanford-Corcoran, CA | 1 | $ 115,000 | $ 115,000 | $ 40,000 |
| Madera, CA | 1 | $ 205,000 | $ 205,000 | $ 211,000 |
| Port St. Lucie, FL | 1 | $ 275,000 | $ 275,000 | $ 232,000 |
| San Francisco-Redwood City-South San Francisco, CA | 1 | $ 315,000 | $ 315,000 | $ 123,000 |
| Visalia-Porterville, CA | 1 | $ 155,000 | $ 155,000 | $ 55,000 |
Mortgage Loan Application Detail Totals for Point Mortgage Corporation in 2018
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 | 941 | $347,545,000 | $369,000 | $1,845,000 | $119,000 | $1,344,000 |
| Cash-out Refinancing | 454 | $144,530,000 | $318,000 | $1,505,000 | $110,000 | $4,788,000 |
| Refinancing | 122 | $44,040,000 | $360,000 | $755,000 | $94,000 | $246,000 |
| Home Improvement | 0 | $0 | $0 | $0 | $0 | $0 |
| 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 |
|---|---|---|---|---|---|---|
| Hispanic | 703 | $230,235,000 | $327,000 | $1,505,000 | $93,000 | $1,187,000 |
| White | 432 | $158,460,000 | $366,000 | $1,255,000 | $143,000 | $4,788,000 |
| Not Provided | 229 | $85,185,000 | $371,000 | $1,105,000 | $116,000 | $1,017,000 |
| Asian | 92 | $37,250,000 | $404,000 | $1,845,000 | $131,000 | $664,000 |
| Black or African American | 45 | $18,825,000 | $418,000 | $675,000 | $110,000 | $203,000 |
| Native Hawaiian or Other Pacific Islander | 9 | $4,005,000 | $445,000 | $645,000 | $162,000 | $243,000 |
| Not applicable | 2 | $520,000 | $260,000 | $265,000 | $61,000 | $61,000 |
| American Indian or Alaskan Native | 2 | $400,000 | $200,000 | $265,000 | $60,000 | $67,000 |
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 |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 908 | $306,510,000 | $337,000 | $1,845,000 | $127,000 | $4,788,000 |
| FHA-insured (Federal Housing Administration) | 401 | $141,225,000 | $352,000 | $675,000 | $91,000 | $273,000 |
| VA-guaranteed (Veterans Administration) | 199 | $86,585,000 | $435,000 | $905,000 | $104,000 | $260,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 9 | $1,795,000 | $199,000 | $285,000 | $61,000 | $100,000 |
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 | 1,188 | $412,820,000 | $347,000 | $1,845,000 | $111,000 | $1,301,000 |
| Application Withdrawn By Applicant | 214 | $82,970,000 | $387,000 | $1,305,000 | $131,000 | $4,788,000 |
| Application Approved But Not Accepted | 83 | $29,185,000 | $351,000 | $1,105,000 | $109,000 | $488,000 |
| Application Denied By Financial Institution | 23 | $8,425,000 | $366,000 | $1,255,000 | $130,000 | $491,000 |
| File Closed For Incompleteness | 8 | $2,370,000 | $296,000 | $515,000 | $83,000 | $123,000 |
| Preapproval Denied by Financial Institution | 1 | $345,000 | $345,000 | $345,000 | $85,000 | $85,000 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Preapproval Approved but not Accepted | 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 | 1,493 | $527,345,000 | $353,000 | $1,845,000 | $114,000 | $4,788,000 |
| Other | 14 | $5,520,000 | $394,000 | $1,255,000 | $161,000 | $491,000 |
| Debt-To-Income Ratio | 5 | $1,455,000 | $291,000 | $415,000 | $43,000 | $69,000 |
| Credit History | 2 | $350,000 | $175,000 | $205,000 | $71,000 | $142,000 |
| Employment History | 1 | $415,000 | $415,000 | $415,000 | $77,000 | $77,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 1 | $355,000 | $355,000 | $355,000 | $108,000 | $108,000 |
| Unverifiable Information | 1 | $675,000 | $675,000 | $675,000 | $292,000 | $292,000 |
| Collateral | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Point Mortgage Corporation's 2018 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 Point Mortgage Corporation'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.
For a list of all lenders in California, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About