Sa Mortgage Services, LLC Mortgage Lending & HMDA Data, 2011

In 2011, Sa Mortgage Services, LLC of Calabasas Hills, CA reported 2,067 mortgage applications totaling $502.4 million. The average application was for $243,070, and applicants reported an average income of $106,678. 65% of its applications resulted in an originated loan and 15% were denied. Its largest markets were Dallas-Plano-Irving, TX (344), Houston-Sugar Land-Baytown, TX (205) and Fort Collins-Loveland, CO (193) (applications in parentheses).

Mortgage Company & Address Sa Mortgage Services, LLC
27001 Agoura Rd, Suite 200
Calabasas Hills, CA 91301
Tel #: available with data download
Federal Regulator * available with data download
Years 2011  
Total Number of Mortgage Applications 2,067
Total Mortgage Loan Application Amount $502,427,000
Average Mortgage Loan Application Amount $243,070
Highest Mortgage Loan Application Amount $1,200,000
Average Applicant Income $106,678
Highest Applicant Income $1,200,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Sa Mortgage Services, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for Sa Mortgage Services, LLC in 2011

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 1,819 $443,541,000 $243,000 $1,200,000 $107,000 $829,000
Refinancing 240 $57,594,000 $239,000 $1,070,000 $105,000 $1,200,000
Home Improvement 8 $1,292,000 $161,000 $224,000 $84,000 $190,000

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 1,439 $339,734,000 $236,000 $1,070,000 $106,000 $1,200,000
Not Provided 319 $82,630,000 $259,000 $812,000 $112,000 $791,000
Asian 123 $37,682,000 $306,000 $1,200,000 $122,000 $829,000
Hispanic 105 $26,695,000 $254,000 $567,000 $104,000 $394,000
Black or African American 75 $14,157,000 $188,000 $417,000 $69,000 $169,000
Native Hawaiian or Other Pacific Islander 4 $1,130,000 $282,000 $355,000 $122,000 $257,000
American Indian or Alaskan Native 2 $399,000 $199,000 $228,000 $64,000 $77,000
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) 1,155 $295,520,000 $255,000 $1,200,000 $127,000 $1,200,000
FHA-insured (Federal Housing Administration) 707 $154,827,000 $218,000 $687,000 $79,000 $511,000
VA-guaranteed (Veterans Administration) 151 $43,016,000 $284,000 $763,000 $99,000 $257,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 54 $9,064,000 $167,000 $347,000 $53,000 $86,000

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 1,335 $326,201,000 $244,000 $1,138,000 $106,000 $1,200,000
Application Withdrawn By Applicant 391 $97,091,000 $248,000 $687,000 $115,000 $480,000
Application Denied By Financial Institution 320 $74,847,000 $233,000 $1,200,000 $100,000 $829,000
File Closed For Incompleteness 12 $2,319,000 $193,000 $625,000 $76,000 $205,000
Application Approved But Not Accepted 9 $1,969,000 $218,000 $417,000 $96,000 $134,000
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
Collateral 98 $20,053,000 $204,000 $700,000 $105,000 $535,000
Debt-To-Income Ratio 70 $17,566,000 $250,000 $812,000 $93,000 $315,000
Credit History 38 $10,952,000 $288,000 $1,200,000 $123,000 $829,000
Other 33 $7,634,000 $231,000 $650,000 $105,000 $368,000
Credit Application Incomplete 29 $6,033,000 $208,000 $479,000 $89,000 $245,000
Unverifiable Information 28 $6,784,000 $242,000 $708,000 $87,000 $320,000
Insufficient Cash (Downpayment, Closing Cost) 20 $5,364,000 $268,000 $570,000 $92,000 $183,000
Employment History 3 $352,000 $117,000 $244,000 $37,000 $58,000
Mortgage Insurance Denied 1 $109,000 $109,000 $109,000 $40,000 $40,000

Our comprehensive HMDA mortgage statistics provide invaluable insights into Sa Mortgage Services, LLC's 2011 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 Sa Mortgage Services, LLC'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.
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