Preferred Financial Funding
HMDA Loan Application Totals
and Mortgage Lending Details
for 2008
Preferred Financial Funding 2008 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.
Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher,
this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.
| 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 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2008 with Preferred Financial Funding. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Preferred Financial Funding's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2008 breaks down Preferred Financial Funding's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Preferred Financial Funding serves its applicants.
Each category highlights the total number of mortgage applications processed by Preferred Financial Funding, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Preferred Financial Funding's mortgage activity for 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 |
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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Preferred Financial Funding's 2008 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 Preferred Financial Funding'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.