Silicon Valley Bank Mortgage Lending & HMDA Data, 2020

In 2020, Silicon Valley Bank of Santa Clara, CA reported 1,400 mortgage applications totaling $2.4 billion, up 28% from 2019. The average application was for $1,747,457, and applicants reported an average income of $872,782. 70% of its applications resulted in an originated loan and 0% were denied. Its largest markets were San Francisco-Redwood City-South San Francisco, CA (244), Los Angeles-Long Beach-Glendale, CA (78) and Oakland-Hayward-Berkeley, CA (71) (applications in parentheses).

Mortgage Company & Address Silicon Valley Bank
3003 Tasman Drive
Santa Clara, CA 95054
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  
Total Number of Mortgage Applications 1,400
Total Mortgage Loan Application Amount $2,446,440,000
Average Mortgage Loan Application Amount $1,747,457
Highest Mortgage Loan Application Amount $17,855,000
Average Applicant Income $872,782
Highest Applicant Income $9,325,000

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Act (HMDA) records Silicon Valley Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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

Mortgage Loan Application Totals for Silicon Valley Bank by County in 2020

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
San Mateo, California 136 $ 401,310,000 $ 2,950,808 $ 1,441,000
San Francisco, California 108 $ 196,920,000 $ 1,823,333 $ 702,000
Los Angeles, California 78 $ 167,320,000 $ 2,145,128 $ 733,000
Santa Clara, California 67 $ 121,475,000 $ 1,813,059 $ 1,236,000
Maricopa, Arizona 49 $ 22,535,000 $ 459,897 $ 855,000
Alameda, California 42 $ 48,150,000 $ 1,146,428 $ 574,000
Marin, California 41 $ 77,505,000 $ 1,890,365 $ 612,000
King, Washington 41 $ 49,255,000 $ 1,201,341 $ 733,000
Travis, Texas 37 $ 57,045,000 $ 1,541,756 $ 593,000
New York, New York 33 $ 65,745,000 $ 1,992,272 $ 1,100,000
Contra Costa, California 29 $ 37,665,000 $ 1,298,793 $ 467,000
Middlesex, Massachusetts 24 $ 35,350,000 $ 1,472,916 $ 856,000
Fairfield, Connecticut 19 $ 35,285,000 $ 1,857,105 $ 746,000
Suffolk, Massachusetts 19 $ 41,705,000 $ 2,195,000 $ 1,113,000
Salt Lake, Utah 16 $ 17,750,000 $ 1,109,375 $ 426,000
San Diego, California 15 $ 18,865,000 $ 1,257,666 $ 490,000
Norfolk, Massachusetts 15 $ 23,845,000 $ 1,589,666 $ 873,000
Denver, Colorado 14 $ 22,980,000 $ 1,641,428 $ 281,000
Sonoma, California 13 $ 23,325,000 $ 1,794,230 $ 2,055,000
Boulder, Colorado 13 $ 23,265,000 $ 1,789,615 $ 1,480,000
Orange, California 12 $ 24,030,000 $ 2,002,500 $ 728,000
Placer, California 12 $ 26,090,000 $ 2,174,166 $ 1,643,000
Santa Cruz, California 11 $ 13,335,000 $ 1,212,272 $ 1,325,000
Napa, California 10 $ 16,860,000 $ 1,686,000 $ 1,194,000
Cook, Illinois 10 $ 10,210,000 $ 1,021,000 $ 455,000
Teton, Wyoming 8 $ 30,600,000 $ 3,825,000 $ 1,783,000
Palm Beach, Florida 7 $ 9,685,000 $ 1,383,571 $ 1,025,000
District of Columbia, District Of Columbia 6 $ 7,950,000 $ 1,325,000 $ 467,000
Fulton, Georgia 6 $ 6,800,000 $ 1,133,333 $ 375,000
Plymouth, Massachusetts 6 $ 4,370,000 $ 728,333 $ 371,000
Kings, New York 6 $ 10,850,000 $ 1,808,333 $ 865,000
Suffolk, New York 6 $ 7,890,000 $ 1,315,000 $ 1,042,000
Philadelphia, Pennsylvania 6 $ 6,340,000 $ 1,056,666 $ 754,000
Harris, Texas 6 $ 14,230,000 $ 2,371,666 $ 1,105,000
Santa Barbara, California 5 $ 13,445,000 $ 2,689,000 $ 1,375,000
Arapahoe, Colorado 5 $ 7,335,000 $ 1,467,000 $ 384,000
Miami-Dade, Florida 5 $ 7,855,000 $ 1,571,000 $ 1,868,000
Montgomery, Maryland 5 $ 6,455,000 $ 1,291,000 $ 702,000
Barnstable, Massachusetts 5 $ 6,285,000 $ 1,257,000 $ 1,406,000
Clark, Nevada 5 $ 7,905,000 $ 1,581,000 $ 605,000
Nassau, New York 5 $ 8,475,000 $ 1,695,000 $ 743,000
Multnomah, Oregon 5 $ 3,705,000 $ 741,000 $ 377,000
Summit, Utah 5 $ 12,875,000 $ 2,575,000 $ 2,330,000
El Dorado, California 4 $ 3,100,000 $ 775,000 $ 187,000
Monterey, California 4 $ 6,650,000 $ 1,662,500 $ 2,438,000
Dukes, Massachusetts 4 $ 7,230,000 $ 1,807,500 $ 757,000
Essex, Massachusetts 4 $ 3,740,000 $ 935,000 $ 448,000
Nantucket, Massachusetts 4 $ 14,430,000 $ 3,607,500 $ 808,000
Madison, Montana 4 $ 19,520,000 $ 4,880,000 $ 3,114,000
Bergen, New Jersey 4 $ 4,410,000 $ 1,102,500 $ 341,000
Deschutes, Oregon 4 $ 4,460,000 $ 1,115,000 $ 1,664,000
Dallas, Texas 4 $ 6,170,000 $ 1,542,500 $ 640,000
Arlington, Virginia 4 $ 5,800,000 $ 1,450,000 $ 267,000
Riverside, California 3 $ 2,725,000 $ 908,333 $ 563,000
Ventura, California 3 $ 3,405,000 $ 1,135,000 $ 570,000
Broward, Florida 3 $ 4,485,000 $ 1,495,000 $ 1,543,000
Monroe, Florida 3 $ 5,775,000 $ 1,925,000 $ 652,000
DeKalb, Georgia 3 $ 3,085,000 $ 1,028,333 $ 1,929,000
Lake, Illinois 3 $ 2,245,000 $ 748,333 $ 603,000
Baltimore, Maryland 3 $ 2,665,000 $ 888,333 $ 843,000
Oakland, Michigan 3 $ 4,325,000 $ 1,441,666 $ 572,000
Washoe, Nevada 3 $ 5,195,000 $ 1,731,666 $ 700,000
Essex, New Jersey 3 $ 8,395,000 $ 2,798,333 $ 536,000
Monmouth, New Jersey 3 $ 4,695,000 $ 1,565,000 $ 852,000
Westchester, New York 3 $ 3,345,000 $ 1,115,000 $ 570,000
Wake, North Carolina 3 $ 2,435,000 $ 811,666 $ 294,000
Tarrant, Texas 3 $ 6,125,000 $ 2,041,666 $ 1,266,000
Utah, Utah 3 $ 1,835,000 $ 611,666 $ 557,000
Fairfax, Virginia 3 $ 4,685,000 $ 1,561,666 $ 558,000
San Bernardino, California 2 $ 810,000 $ 405,000 $ 343,000
San Joaquin, California 2 $ 1,310,000 $ 655,000 $ 0
Eagle, Colorado 2 $ 18,860,000 $ 9,430,000 $ 1,751,000
Jefferson, Colorado 2 $ 670,000 $ 335,000 $ 259,000
Montrose, Colorado 2 $ 1,020,000 $ 510,000 $ 370,000
Collier, Florida 2 $ 6,900,000 $ 3,450,000 $ 2,150,000
Orange, Florida 2 $ 1,690,000 $ 845,000 $ 261,000
Cobb, Georgia 2 $ 2,340,000 $ 1,170,000 $ 684,000
Honolulu, Hawaii 2 $ 5,380,000 $ 2,690,000 $ 0
Maui, Hawaii 2 $ 7,610,000 $ 3,805,000 $ 2,060,000
Blaine, Idaho 2 $ 5,010,000 $ 2,505,000 $ 1,136,000
Brown, Indiana 2 $ 970,000 $ 485,000 $ 416,000
LaPorte, Indiana 2 $ 940,000 $ 470,000 $ 453,000
Baltimore City, Maryland 2 $ 2,010,000 $ 1,005,000 $ 541,000
Bristol, Massachusetts 2 $ 6,370,000 $ 3,185,000 $ 1,940,000
Hennepin, Minnesota 2 $ 1,510,000 $ 755,000 $ 818,000
Cape May, New Jersey 2 $ 3,830,000 $ 1,915,000 $ 794,000
Hudson, New Jersey 2 $ 1,540,000 $ 770,000 $ 750,000
Somerset, New Jersey 2 $ 1,280,000 $ 640,000 $ 354,000
Putnam, New York 2 $ 2,710,000 $ 1,355,000 $ 152,000
Ulster, New York 2 $ 1,780,000 $ 890,000 $ 1,353,000
Clackamas, Oregon 2 $ 1,700,000 $ 850,000 $ 0
Washington, Oregon 2 $ 2,380,000 $ 1,190,000 $ 373,000
Chester, Pennsylvania 2 $ 2,390,000 $ 1,195,000 $ 1,597,000
Collin, Texas 2 $ 1,820,000 $ 910,000 $ 468,000
Williamson, Texas 2 $ 320,000 $ 160,000 $ 285,000
Davis, Utah 2 $ 720,000 $ 360,000 $ 0
Wasatch, Utah 2 $ 5,920,000 $ 2,960,000 $ 777,000
Rutland, Vermont 2 $ 1,330,000 $ 665,000 $ 344,000
Alexandria, Virginia 2 $ 1,830,000 $ 915,000 $ 444,000
Tuscaloosa, Alabama 1 $ 385,000 $ 385,000 $ 615,000
Yavapai, Arizona 1 $ 685,000 $ 685,000 $ 220,000
Alpine, California 1 $ 1,275,000 $ 1,275,000 $ 910,000
Amador, California 1 $ 605,000 $ 605,000 $ 399,000
Del Norte, California 1 $ 775,000 $ 775,000 $ 217,000
Fresno, California 1 $ 525,000 $ 525,000 $ 700,000
Mendocino, California 1 $ 2,835,000 $ 2,835,000 $ 0
Nevada, California 1 $ 1,845,000 $ 1,845,000 $ 1,374,000
Stanislaus, California 1 $ 345,000 $ 345,000 $ 0
Yolo, California 1 $ 505,000 $ 505,000 $ 0
Adams, Colorado 1 $ 295,000 $ 295,000 $ 0
Douglas, Colorado 1 $ 1,335,000 $ 1,335,000 $ 0
Pitkin, Colorado 1 $ 12,565,000 $ 12,565,000 $ 0
Routt, Colorado 1 $ 1,195,000 $ 1,195,000 $ 6,069,000
San Juan, Colorado 1 $ 905,000 $ 905,000 $ 1,765,000
San Miguel, Colorado 1 $ 5,355,000 $ 5,355,000 $ 0
Litchfield, Connecticut 1 $ 725,000 $ 725,000 $ 460,000
New Haven, Connecticut 1 $ 565,000 $ 565,000 $ 250,000
Hillsborough, Florida 1 $ 2,205,000 $ 2,205,000 $ 694,000
Lee, Florida 1 $ 1,085,000 $ 1,085,000 $ 543,000
Okaloosa, Florida 1 $ 845,000 $ 845,000 $ 342,000
Sarasota, Florida 1 $ 255,000 $ 255,000 $ 390,000
Hawaii, Hawaii 1 $ 15,005,000 $ 15,005,000 $ 36,000
Kauai, Hawaii 1 $ 625,000 $ 625,000 $ 180,000
Bonner, Idaho 1 $ 2,075,000 $ 2,075,000 $ 435,000
Kootenai, Idaho 1 $ 2,105,000 $ 2,105,000 $ 1,376,000
Johnson, Kansas 1 $ 575,000 $ 575,000 $ 140,000
Clark, Kentucky 1 $ 645,000 $ 645,000 $ 442,000
Cumberland, Maine 1 $ 545,000 $ 545,000 $ 0
Howard, Maryland 1 $ 615,000 $ 615,000 $ 175,000
Worcester, Massachusetts 1 $ 595,000 $ 595,000 $ 0
Wayne, Michigan 1 $ 485,000 $ 485,000 $ 469,000
Washington, Minnesota 1 $ 1,205,000 $ 1,205,000 $ 540,000
Platte, Missouri 1 $ 545,000 $ 545,000 $ 140,000
St. Louis, Missouri 1 $ 605,000 $ 605,000 $ 1,906,000
Douglas, Nebraska 1 $ 1,015,000 $ 1,015,000 $ 830,000
Douglas, Nevada 1 $ 555,000 $ 555,000 $ 100,000
Cheshire, New Hampshire 1 $ 825,000 $ 825,000 $ 908,000
Rockingham, New Hampshire 1 $ 505,000 $ 505,000 $ 210,000
Mercer, New Jersey 1 $ 425,000 $ 425,000 $ 331,000
Union, New Jersey 1 $ 945,000 $ 945,000 $ 378,000
Santa Fe, New Mexico 1 $ 1,405,000 $ 1,405,000 $ 592,000
Orange, New York 1 $ 525,000 $ 525,000 $ 340,000
Buncombe, North Carolina 1 $ 1,335,000 $ 1,335,000 $ 369,000
Carteret, North Carolina 1 $ 425,000 $ 425,000 $ 432,000
Durham, North Carolina 1 $ 825,000 $ 825,000 $ 150,000
Union, North Carolina 1 $ 505,000 $ 505,000 $ 0
Cuyahoga, Ohio 1 $ 1,615,000 $ 1,615,000 $ 0
Tillamook, Oregon 1 $ 535,000 $ 535,000 $ 706,000
Allegheny, Pennsylvania 1 $ 685,000 $ 685,000 $ 475,000
Montgomery, Pennsylvania 1 $ 1,205,000 $ 1,205,000 $ 496,000
Newport, Rhode Island 1 $ 1,005,000 $ 1,005,000 $ 526,000
Charleston, South Carolina 1 $ 615,000 $ 615,000 $ 160,000
Williamson, Tennessee 1 $ 2,475,000 $ 2,475,000 $ 829,000
Wilson, Tennessee 1 $ 285,000 $ 285,000 $ 0
El Paso, Texas 1 $ 775,000 $ 775,000 $ 611,000
Hays, Texas 1 $ 845,000 $ 845,000 $ 0
Washington, Utah 1 $ 2,255,000 $ 2,255,000 $ 887,000
Orleans, Vermont 1 $ 1,195,000 $ 1,195,000 $ 700,000
Albemarle, Virginia 1 $ 855,000 $ 855,000 $ 204,000
Henrico, Virginia 1 $ 995,000 $ 995,000 $ 481,000
Loudoun, Virginia 1 $ 705,000 $ 705,000 $ 316,000
Island, Washington 1 $ 805,000 $ 805,000 $ 200,000
Pierce, Washington 1 $ 1,045,000 $ 1,045,000 $ 172,000
Green Lake, Wisconsin 1 $ 4,005,000 $ 4,005,000 $ 402,000
Milwaukee, Wisconsin 1 $ 135,000 $ 135,000 $ 675,000

Mortgage Loan Application Detail Totals for Silicon Valley Bank in 2020

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 722 $1,244,780,000 $1,724,000 $12,565,000 $771,000 $7,897,000
Cash-out Refinancing 311 $613,685,000 $1,973,000 $15,005,000 $994,000 $9,325,000
Refinancing 268 $354,260,000 $1,321,000 $12,605,000 $921,000 $8,304,000
Other Purpose 98 $230,710,000 $2,354,000 $17,855,000 $1,115,000 $5,843,000
Home Improvement 1 $3,005,000 $3,005,000 $3,005,000 $1,000 $1,000
Not Applicable 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
White 712 $1,189,440,000 $1,670,000 $17,855,000 $860,000 $7,897,000
Not Provided 387 $676,555,000 $1,748,000 $14,005,000 $967,000 $9,325,000
Asian 174 $287,420,000 $1,651,000 $7,005,000 $741,000 $2,770,000
Not applicable 59 $189,515,000 $3,212,000 $12,605,000 $0 $0
Hispanic 47 $65,935,000 $1,402,000 $4,725,000 $932,000 $5,155,000
Black or African American 12 $22,620,000 $1,885,000 $3,505,000 $429,000 $844,000
Native Hawaiian or Other Pacific Islander 3 $2,555,000 $851,000 $1,405,000 $328,000 $550,000
American Indian or Alaskan Native 1 $1,195,000 $1,195,000 $1,195,000 $361,000 $361,000

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) 1,400 $2,446,440,000 $1,747,000 $17,855,000 $875,000 $9,325,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
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 978 $1,622,090,000 $1,658,000 $17,855,000 $819,000 $8,304,000
Preapproval Approved but not Accepted 241 $399,605,000 $1,658,000 $7,505,000 $613,000 $5,500,000
Application Withdrawn By Applicant 89 $206,315,000 $2,318,000 $14,005,000 $1,910,000 $9,325,000
Application Approved But Not Accepted 60 $125,300,000 $2,088,000 $9,125,000 $1,025,000 $4,208,000
File Closed For Incompleteness 25 $71,345,000 $2,853,000 $15,005,000 $754,000 $3,120,000
Application Denied By Financial Institution 7 $21,785,000 $3,112,000 $6,505,000 $413,000 $646,000
Preapproval Denied by Financial Institution 0 $0 $0 $0 $0 $0
Loan Purchased By The 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
Not applicable 1,393 $2,424,655,000 $1,740,000 $17,855,000 $876,000 $9,325,000
Debt-To-Income Ratio 5 $11,775,000 $2,355,000 $6,205,000 $413,000 $646,000
Other 2 $10,010,000 $5,005,000 $6,505,000 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0
Credit History 0 $0 $0 $0 $0 $0
Employment History 0 $0 $0 $0 $0 $0
Insufficient Cash (Downpayment, Closing Cost) 0 $0 $0 $0 $0 $0
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Silicon Valley Bank's 2020 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 Silicon Valley Bank'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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