Provident Funding Associates
Mortgage Loan Application
Totals and Details
for 2016

Mortgage Company & Address Provident Funding Associates
851 Traeger Avenue, Suite 100
San Bruno, CA 94066
Tel #: available with data download
Federal Regulator * available with data download
Years 2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 55,708
Total Mortgage Loan Application Amount $15,702,993,000
Average Mortgage Loan Application Amount $219,154
Highest Mortgage Loan Application Amount $1,036,000
Average Applicant Income $113,680
Highest Applicant Income $9,999,000
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Mortgage Loan Application Detail Totals for Provident Funding Associates in 2016

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 43,807 $12,353,458,000 $281,000 $825,000 $120,000 $3,000,000
Home Purchase 9,044 $2,540,139,000 $280,000 $1,036,000 $125,000 $9,999,000
Home Improvement 2,857 $809,396,000 $283,000 $870,000 $111,000 $609,000

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 28,798 $7,879,441,000 $273,000 $1,036,000 $122,000 $9,999,000
Asian 14,508 $4,426,019,000 $305,000 $938,000 $138,000 $1,680,000
Not Provided 7,067 $1,873,394,000 $265,000 $900,000 $124,000 $2,316,000
Not applicable 2,366 $696,895,000 $294,000 $801,000 $0 $0
Hispanic 2,133 $593,119,000 $278,000 $685,000 $110,000 $1,068,000
Black or African American 520 $138,987,000 $267,000 $626,000 $111,000 $937,000
Native Hawaiin or Other Pacific Islander 206 $64,817,000 $314,000 $626,000 $123,000 $488,000
American Indian or Alaskan Native 110 $30,321,000 $275,000 $520,000 $123,000 $465,000

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) 55,650 $15,689,871,000 $281,000 $1,036,000 $121,000 $9,999,000
FHA-insured (Federal Housing Administration) 58 $13,122,000 $226,000 $397,000 $56,000 $155,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 0 $0 $0 $0 $0 $0
VA-guaranteed (Veterans Administration) 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 40,150 $11,278,309,000 $280,000 $825,000 $125,000 $1,608,000
File Closed For Incompleteness 7,074 $2,029,173,000 $286,000 $938,000 $133,000 $9,999,000
Application Withdrawn By Applicant 3,887 $1,069,062,000 $275,000 $1,036,000 $127,000 $983,000
Loan Purchased By The Institution 2,366 $696,895,000 $294,000 $801,000 $0 $0
Application Denied By Financial Institution 1,786 $496,820,000 $278,000 $870,000 $105,000 $684,000
Application Approved But Not Accepted 445 $132,734,000 $298,000 $625,000 $124,000 $502,000
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
Collateral 705 $204,212,000 $289,000 $870,000 $123,000 $476,000
Debt-To-Income Ratio 514 $143,006,000 $278,000 $650,000 $75,000 $384,000
Credit History 323 $84,209,000 $260,000 $800,000 $110,000 $684,000
Other 108 $28,780,000 $266,000 $584,000 $134,000 $489,000
Employment History 63 $18,272,000 $290,000 $600,000 $86,000 $350,000
Unverifiable Information 33 $8,215,000 $248,000 $405,000 $80,000 $195,000
Mortgage Insurance Denied 14 $3,660,000 $261,000 $417,000 $120,000 $210,000
Insufficient Cash (Downpayment, Closing Cost) 12 $3,368,000 $280,000 $514,000 $88,000 $176,000
Credit Application Incomplete 0 $0 $0 $0 $0 $0
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