Preferred Financial Group, Inc
HMDA Loan Application Totals
and Mortgage Lending Details
for 2004
Preferred Financial Group, Inc 2004 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 Group, Inc 1350 Bayshore Highway, Suite 630 Burlingame, CA 94010 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 1,528 |
| Total Mortgage Loan Application Amount | $426,516,000 |
| Average Mortgage Loan Application Amount | $304,322 |
| Highest Mortgage Loan Application Amount | $1,999,000 |
| Average Applicant Income | $163,903 |
| Highest Applicant Income | $1,800,000 |
Explore comprehensive HMDA mortgage statistics and lending trends for 2004 with Preferred Financial Group, Inc. 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 Group, Inc's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.
Our HMDA dataset for 2004 breaks down Preferred Financial Group, Inc'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 Group, Inc serves its applicants.
Each category highlights the total number of mortgage applications processed by Preferred Financial Group, Inc, 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 Group, Inc's mortgage activity for 2004.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| San Mateo County California | 189 | $ 67,016,000 | $ 354,000 | $ 159,000 |
| Alameda County California | 103 | $ 32,658,000 | $ 317,000 | $ 124,000 |
| San Francisco County California | 90 | $ 33,631,000 | $ 373,000 | $ 150,000 |
| Santa Clara County California | 66 | $ 26,908,000 | $ 407,000 | $ 182,000 |
| Sacramento County California | 63 | $ 11,529,000 | $ 183,000 | $ 120,000 |
| Contra Costa County California | 57 | $ 14,590,000 | $ 255,000 | $ 139,000 |
| San Diego County California | 31 | $ 8,223,000 | $ 265,000 | $ 134,000 |
| San Joaquin County California | 27 | $ 5,475,000 | $ 202,000 | $ 161,000 |
| Marin County California | 23 | $ 10,621,000 | $ 461,000 | $ 160,000 |
| Solano County California | 20 | $ 4,649,000 | $ 232,000 | $ 128,000 |
| Los Angeles County California | 16 | $ 3,450,000 | $ 215,000 | $ 99,000 |
| Maui County Hawaii | 16 | $ 5,998,000 | $ 374,000 | $ 255,000 |
| Orange County California | 12 | $ 3,070,000 | $ 255,000 | $ 113,000 |
| Sonoma County California | 11 | $ 3,437,000 | $ 312,000 | $ 112,000 |
| Clark County Nevada | 11 | $ 1,792,000 | $ 162,000 | $ 146,000 |
| Fresno County California | 10 | $ 1,663,000 | $ 166,000 | $ 107,000 |
| Maricopa County Arizona | 8 | $ 1,118,000 | $ 139,000 | $ 143,000 |
| Riverside County California | 8 | $ 2,038,000 | $ 254,000 | $ 86,000 |
| Placer County California | 7 | $ 1,703,000 | $ 243,000 | $ 137,000 |
| San Bernardino County California | 5 | $ 1,303,000 | $ 260,000 | $ 127,000 |
| Madera County California | 4 | $ 627,000 | $ 156,000 | $ 71,000 |
| Merced County California | 4 | $ 348,000 | $ 87,000 | $ 59,000 |
| Sutter County California | 4 | $ 716,000 | $ 179,000 | $ 97,000 |
| Broward County Florida | 4 | $ 1,093,000 | $ 273,000 | $ 138,000 |
| Washoe County Nevada | 4 | $ 766,000 | $ 191,000 | $ 104,000 |
| Shelby County Tennessee | 4 | $ 407,000 | $ 101,000 | $ 125,000 |
| El Dorado County California | 3 | $ 753,000 | $ 251,000 | $ 148,000 |
| Santa Cruz County California | 3 | $ 1,400,000 | $ 466,000 | $ 145,000 |
| Hennepin County Minnesota | 3 | $ 522,000 | $ 174,000 | $ 138,000 |
| Spokane County Washington | 3 | $ 1,068,000 | $ 356,000 | $ 180,000 |
| Mariposa County California | 2 | $ 370,000 | $ 185,000 | $ 168,000 |
| Monterey County California | 2 | $ 590,000 | $ 295,000 | $ 92,000 |
| Shasta County California | 2 | $ 144,000 | $ 72,000 | $ 32,000 |
| Sierra County California | 2 | $ 676,000 | $ 338,000 | $ 261,000 |
| Kauai County Hawaii | 2 | $ 725,000 | $ 362,000 | $ 207,000 |
| DuPage County Illinois | 2 | $ 409,000 | $ 204,000 | $ 86,000 |
| Collin County Texas | 2 | $ 123,000 | $ 61,000 | $ 60,000 |
| Coconino County Arizona | 1 | $ 81,000 | $ 81,000 | $ 37,000 |
| Pima County Arizona | 1 | $ 156,000 | $ 156,000 | $ 75,000 |
| Humboldt County California | 1 | $ 334,000 | $ 334,000 | $ 181,000 |
| Kern County California | 1 | $ 108,000 | $ 108,000 | $ 124,000 |
| Lake County California | 1 | $ 98,000 | $ 98,000 | $ 49,000 |
| Mendocino County California | 1 | $ 230,000 | $ 230,000 | $ 156,000 |
| Napa County California | 1 | $ 520,000 | $ 520,000 | $ 210,000 |
| Nevada County California | 1 | $ 147,000 | $ 147,000 | $ 88,000 |
| San Luis Obispo County California | 1 | $ 189,000 | $ 189,000 | $ 181,000 |
| Yolo County California | 1 | $ 600,000 | $ 600,000 | $ 192,000 |
| Yuba County California | 1 | $ 212,000 | $ 212,000 | $ 180,000 |
| Duval County Florida | 1 | $ 109,000 | $ 109,000 | $ 86,000 |
| Pinellas County Florida | 1 | $ 99,000 | $ 99,000 | $ 78,000 |
| Hawaii County Hawaii | 1 | $ 434,000 | $ 434,000 | $ 120,000 |
| Honolulu County Hawaii | 1 | $ 215,000 | $ 215,000 | $ 103,000 |
| Cook County Illinois | 1 | $ 190,000 | $ 190,000 | $ 57,000 |
| Suffolk County Massachusetts | 1 | $ 166,000 | $ 166,000 | $ 120,000 |
| Kent County Michigan | 1 | $ 110,000 | $ 110,000 | $ 36,000 |
| Oakland County Michigan | 1 | $ 216,000 | $ 216,000 | $ 71,000 |
| St. Louis County Minnesota | 1 | $ 665,000 | $ 665,000 | $ 267,000 |
| Carson City County Nevada | 1 | $ 123,000 | $ 123,000 | $ 51,000 |
| Dallas County Texas | 1 | $ 64,000 | $ 64,000 | $ 31,000 |
| Pierce County Washington | 1 | $ 123,000 | $ 123,000 | $ 126,000 |
Mortgage Loan Application Detail Totals for Preferred Financial Group, Inc in 2004
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 | 976 | $240,584,000 | $188,312 | $1,575,000 | $138,625 | $1,369,000 |
| Refinancing | 544 | $182,871,000 | $431,357 | $1,999,000 | $195,071 | $1,800,000 |
| Home Improvement | 8 | $3,061,000 | $382,000 | $547,000 | $132,000 | $264,000 |
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 |
|---|---|---|---|---|---|---|
| White | 726 | $209,291,000 | $262,294 | $1,999,000 | $152,294 | $1,369,000 |
| Asian | 287 | $82,984,000 | $222,500 | $1,400,000 | $154,833 | $644,000 |
| Hispanic | 242 | $56,820,000 | $212,500 | $1,890,000 | $165,833 | $1,800,000 |
| Not Provided | 146 | $48,504,000 | $346,000 | $1,625,000 | $203,400 | $904,000 |
| Black or African American | 86 | $18,250,000 | $139,714 | $837,000 | $105,285 | $393,000 |
| Native Hawaiian or Other Pacific Islander | 34 | $8,150,000 | $189,000 | $795,000 | $89,750 | $401,000 |
| American Indian or Alaskan Native | 7 | $2,517,000 | $299,000 | $1,071,000 | $85,000 | $257,000 |
| 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 |
|---|---|---|---|---|---|---|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) | 1,524 | $425,710,000 | $304,823 | $1,999,000 | $169,882 | $1,800,000 |
| FHA-insured (Federal Housing Administration) | 2 | $377,000 | $188,000 | $246,000 | $51,000 | $65,000 |
| VA-guaranteed (Veterans Administration) | 2 | $429,000 | $214,500 | $240,000 | $57,500 | $60,000 |
| 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 |
|---|---|---|---|---|---|---|
| Loan Originated | 1,099 | $307,130,000 | $285,312 | $1,960,000 | $178,750 | $1,800,000 |
| Application Approved But Not Accepted | 203 | $50,183,000 | $177,000 | $1,999,000 | $143,100 | $564,000 |
| Application Withdrawn By Applicant | 154 | $51,835,000 | $246,700 | $1,575,000 | $158,900 | $916,000 |
| Application Denied By Financial Institution | 72 | $17,368,000 | $163,200 | $1,000,000 | $120,900 | $302,000 |
| File Closed For Incompleteness | 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 | 4 | $1,299,000 | $324,000 | $413,000 | $122,000 | $144,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 4 | $880,000 | $220,000 | $397,000 | $125,000 | $151,000 |
| Debt-To-Income Ratio | 3 | $409,000 | $152,000 | $199,000 | $173,500 | $257,000 |
| Collateral | 3 | $670,000 | $184,000 | $473,000 | $147,000 | $179,000 |
| Other | 2 | $351,000 | $175,500 | $188,000 | $79,500 | $87,000 |
| Unverifiable Information | 2 | $453,000 | $226,000 | $353,000 | $90,000 | $104,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
| Credit Application Incomplete | 0 | $0 | $0 | $0 | $0 | $0 |
| Employment History | 0 | $0 | $0 | $0 | $0 | $0 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Preferred Financial Group, Inc's 2004 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 Group, Inc'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.