Preferred Financial Funding
Mortgage Loan Application
Totals and Details
for 2008

Find mortgage loan statistics, lending data, and loan application totals for California.
The mortgage statistics and data below are specific to mortgage loan applications for Preferred Financial Funding.
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.

Mortgage Company & Address Preferred Financial Funding
935 S Mt Vernon Avenue
Colton, CA 92324
Tel #: available with data download
Federal Regulator * available with data download
Years 2008  2007  
Total Number of Mortgage Applications 411
Total Mortgage Loan Application Amount $65,974,000
Average Mortgage Loan Application Amount $174,000
Highest Mortgage Loan Application Amount $684,000
Average Applicant Income $53,500
Highest Applicant Income $261,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in CA, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Preferred Financial Funding by County in 2008

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Bernalillo County New Mexico 105 $ 16,118,000 $ 153,000 $ 50,000
Sandoval County New Mexico 45 $ 7,078,000 $ 157,000 $ 50,000
Valencia County New Mexico 17 $ 2,655,000 $ 156,000 $ 60,000
Dona Ana County New Mexico 15 $ 1,761,000 $ 117,000 $ 40,000
Clark County Nevada 12 $ 2,485,000 $ 207,000 $ 66,000
Santa Fe County New Mexico 12 $ 2,630,000 $ 219,000 $ 54,000
San Bernardino County California 10 $ 1,946,000 $ 194,000 $ 53,000
Canyon County Idaho 10 $ 1,614,000 $ 161,000 $ 54,000
Chaves County New Mexico 8 $ 829,000 $ 103,000 $ 53,000
Curry County New Mexico 8 $ 1,075,000 $ 134,000 $ 49,000
San Miguel County New Mexico 8 $ 1,276,000 $ 159,000 $ 63,000
Bonneville County Idaho 7 $ 860,000 $ 122,000 $ 47,000
Kootenai County Idaho 7 $ 1,206,000 $ 172,000 $ 57,000
Otero County New Mexico 7 $ 875,000 $ 125,000 $ 48,000
Ada County Idaho 6 $ 1,023,000 $ 170,000 $ 54,000
Bannock County Idaho 6 $ 702,000 $ 117,000 $ 43,000
Twin Falls County Idaho 6 $ 733,000 $ 122,000 $ 55,000
Riverside County California 5 $ 1,193,000 $ 238,000 $ 61,000
Lyon County Nevada 5 $ 850,000 $ 170,000 $ 46,000
Washoe County Nevada 5 $ 1,031,000 $ 206,000 $ 54,000
Eddy County New Mexico 5 $ 464,000 $ 92,000 $ 37,000
Kern County California 3 $ 540,000 $ 180,000 $ 49,000
Los Angeles County California 3 $ 1,010,000 $ 336,000 $ 65,000
Bingham County Idaho 3 $ 511,000 $ 170,000 $ 44,000
Luna County New Mexico 3 $ 351,000 $ 117,000 $ 43,000
Orange County California 2 $ 999,000 $ 499,000 $ 101,000
Elmore County Idaho 2 $ 366,000 $ 183,000 $ 53,000
Gem County Idaho 2 $ 396,000 $ 198,000 $ 51,000
Jefferson County Idaho 2 $ 322,000 $ 161,000 $ 48,000
Jerome County Idaho 2 $ 263,000 $ 131,000 $ 42,000
Minidoka County Idaho 2 $ 192,000 $ 96,000 $ 39,000
Oneida County Idaho 2 $ 236,000 $ 118,000 $ 54,000
Teton County Idaho 2 $ 268,000 $ 134,000 $ 37,000
Lea County New Mexico 2 $ 150,000 $ 75,000 $ 57,000
San Juan County New Mexico 2 $ 336,000 $ 168,000 $ 69,000
Torrance County New Mexico 2 $ 300,000 $ 150,000 $ 58,000
Jackson County Oregon 2 $ 492,000 $ 246,000 $ 48,000
Klamath County Oregon 2 $ 257,000 $ 128,000 $ 51,000
Marion County Oregon 2 $ 355,000 $ 177,000 $ 65,000
Multnomah County Oregon 2 $ 435,000 $ 217,000 $ 146,000
Union County Oregon 2 $ 287,000 $ 143,000 $ 52,000
Mendocino County California 1 $ 241,000 $ 241,000 $ 46,000
Sacramento County California 1 $ 281,000 $ 281,000 $ 49,000
Santa Clara County California 1 $ 181,000 $ 181,000 $ 39,000
Solano County California 1 $ 170,000 $ 170,000 $ 55,000
Stanislaus County California 1 $ 279,000 $ 279,000 $ 56,000
Tuolumne County California 1 $ 266,000 $ 266,000 $ 61,000
Adams County Idaho 1 $ 123,000 $ 123,000 $ 67,000
Benewah County Idaho 1 $ 69,000 $ 69,000 $ 35,000
Bonner County Idaho 1 $ 100,000 $ 100,000 $ 81,000
Caribou County Idaho 1 $ 135,000 $ 135,000 $ 32,000
Cassia County Idaho 1 $ 117,000 $ 117,000 $ 69,000
Franklin County Idaho 1 $ 111,000 $ 111,000 $ 12,000
Fremont County Idaho 1 $ 135,000 $ 135,000 $ 44,000
Gooding County Idaho 1 $ 213,000 $ 213,000 $ 51,000
Latah County Idaho 1 $ 127,000 $ 127,000 $ 69,000
Lincoln County Idaho 1 $ 174,000 $ 174,000 $ 33,000
Madison County Idaho 1 $ 197,000 $ 197,000 $ 83,000
Nez Perce County Idaho 1 $ 116,000 $ 116,000 $ 65,000
Payette County Idaho 1 $ 121,000 $ 121,000 $ 41,000
Washington County Idaho 1 $ 145,000 $ 145,000 $ 43,000
Elko County Nevada 1 $ 174,000 $ 174,000 $ 25,000
Cibola County New Mexico 1 $ 143,000 $ 143,000 $ 27,000
Rio Arriba County New Mexico 1 $ 174,000 $ 174,000 $ 62,000
Roosevelt County New Mexico 1 $ 201,000 $ 201,000 $ 43,000
Socorro County New Mexico 1 $ 92,000 $ 92,000 $ 57,000
Union County New Mexico 1 $ 61,000 $ 61,000 $ 35,000
Douglas County Oregon 1 $ 129,000 $ 129,000 $ 44,000
Harney County Oregon 1 $ 71,000 $ 71,000 $ 43,000
Josephine County Oregon 1 $ 130,000 $ 130,000 $ 24,000
Polk County Oregon 1 $ 140,000 $ 140,000 $ 45,000
Washington County Oregon 1 $ 121,000 $ 121,000 $ 44,000

The mortgage data stats below are displayed in sortable 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 loan applied for 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 lenders along with their aggregated lending data for the state of California, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Preferred Financial Funding in 2008

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
Refinancing 400 $63,889,000 $159,000 $684,000 $53,000 $261,000
Home Purchase 11 $2,085,000 $189,000 $315,000 $54,000 $77,000
Home Improvement 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
Not Provided 221 $36,057,000 $163,000 $684,000 $52,000 $227,000
Hispanic 106 $16,100,000 $151,000 $326,000 $47,000 $137,000
White 65 $10,620,000 $163,000 $315,000 $57,000 $180,000
Black or African American 13 $2,223,000 $171,000 $249,000 $62,000 $105,000
Native Hawaiian or Other Pacific Islander 3 $367,000 $122,000 $176,000 $140,000 $261,000
American Indian or Alaskan Native 3 $607,000 $202,000 $313,000 $61,000 $68,000
Asian 0 $0 $0 $0 $0 $0
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
FHA-insured (Federal Housing Administration) 397 $63,265,000 $159,000 $334,000 $53,000 $261,000
Conventional (any loan other than FHA, VA, FSA, or RHS loans) 13 $2,620,000 $201,000 $684,000 $51,000 $142,000
VA-guaranteed (Veterans Administration) 1 $89,000 $89,000 $89,000 $59,000 $59,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 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
Application Denied By Financial Institution 248 $41,496,000 $167,000 $684,000 $50,000 $180,000
Loan Originated 100 $14,787,000 $147,000 $313,000 $58,000 $227,000
Application Withdrawn By Applicant 63 $9,691,000 $153,000 $315,000 $53,000 $261,000
File Closed For Incompleteness 0 $0 $0 $0 $0 $0
Application Approved But Not Accepted 0 $0 $0 $0 $0 $0
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
Preapproval Approved but not Accepted 0 $0 $0 $0 $0 $0
Preapproval Denied by Financial Institution 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
Credit History 101 $16,617,000 $164,000 $684,000 $54,000 $180,000
Debt-To-Income Ratio 63 $10,635,000 $168,000 $355,000 $43,000 $94,000
Insufficient Cash (Downpayment, Closing Cost) 32 $5,304,000 $165,000 $334,000 $45,000 $94,000
Other 27 $5,024,000 $186,000 $323,000 $57,000 $105,000
Employment History 5 $774,000 $154,000 $202,000 $42,000 $58,000
Collateral 5 $661,000 $132,000 $169,000 $50,000 $79,000
Mortgage Insurance Denied 1 $159,000 $159,000 $159,000 $27,000 $27,000
Unverifiable Information 0 $0 $0 $0 $0 $0
Credit Application Incomplete 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 loan data gives you everything you need to know as you start your search for the best lenders in CA, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in California, and search similar information at your convenience.

Download the California Lender List