Silicon Valley Bank Mortgage Lending & HMDA Data, 2021

In 2021, Silicon Valley Bank of Santa Clara, CA reported 1,216 mortgage applications totaling $2.6 billion, down 13% from 2020. The average application was for $2,159,909, and applicants reported an average income of $904,842. 71% of its applications resulted in an originated loan and 2% were denied. Its largest markets were San Francisco-Redwood City-South San Francisco, CA (176), Los Angeles-Long Beach-Glendale, CA (68) and San Jose-Sunnyvale-Santa Clara, CA (58) (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 1,216
Total Mortgage Loan Application Amount $2,626,450,000
Average Mortgage Loan Application Amount $2,159,909
Highest Mortgage Loan Application Amount $32,555,000
Average Applicant Income $904,842
Highest Applicant Income $8,361,000

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Act (HMDA) records Silicon Valley Bank filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 2021

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 99 $ 377,265,000 $ 3,810,757 $ 1,558,000
San Francisco, California 77 $ 158,665,000 $ 2,060,584 $ 1,009,000
Los Angeles, California 68 $ 201,030,000 $ 2,956,323 $ 869,000
Santa Clara, California 58 $ 138,420,000 $ 2,386,551 $ 1,131,000
Travis, Texas 40 $ 88,710,000 $ 2,217,750 $ 1,075,000
King, Washington 36 $ 66,310,000 $ 1,841,944 $ 631,000
Marin, California 29 $ 68,235,000 $ 2,352,931 $ 1,140,000
Maricopa, Arizona 28 $ 18,460,000 $ 659,285 $ 467,000
Miami-Dade, Florida 26 $ 52,920,000 $ 2,035,384 $ 1,138,000
Contra Costa, California 24 $ 42,720,000 $ 1,780,000 $ 639,000
Middlesex, Massachusetts 23 $ 38,735,000 $ 1,684,130 $ 983,000
Alameda, California 22 $ 30,770,000 $ 1,398,636 $ 586,000
Fairfield, Connecticut 21 $ 45,635,000 $ 2,173,095 $ 893,000
San Diego, California 16 $ 30,840,000 $ 1,927,500 $ 484,000
Kings, New York 16 $ 31,360,000 $ 1,960,000 $ 577,000
New York, New York 15 $ 63,945,000 $ 4,263,000 $ 1,114,000
Orange, California 13 $ 24,845,000 $ 1,911,153 $ 1,003,000
Placer, California 13 $ 27,495,000 $ 2,115,000 $ 2,130,000
Sonoma, California 13 $ 23,575,000 $ 1,813,461 $ 890,000
Napa, California 12 $ 30,930,000 $ 2,577,500 $ 545,000
Boulder, Colorado 12 $ 18,160,000 $ 1,513,333 $ 656,000
Santa Cruz, California 11 $ 14,825,000 $ 1,347,727 $ 537,000
Denver, Colorado 11 $ 10,345,000 $ 940,454 $ 341,000
Palm Beach, Florida 11 $ 50,235,000 $ 4,566,818 $ 1,191,000
Suffolk, New York 11 $ 15,915,000 $ 1,446,818 $ 1,262,000
Westchester, New York 11 $ 19,605,000 $ 1,782,272 $ 1,172,000
Norfolk, Massachusetts 10 $ 16,410,000 $ 1,641,000 $ 1,121,000
Summit, Utah 10 $ 29,220,000 $ 2,922,000 $ 1,429,000
Teton, Wyoming 9 $ 30,505,000 $ 3,389,444 $ 1,988,000
Santa Barbara, California 8 $ 35,610,000 $ 4,451,250 $ 1,009,000
Fulton, Georgia 7 $ 6,695,000 $ 956,428 $ 331,000
Multnomah, Oregon 7 $ 13,465,000 $ 1,923,571 $ 524,000
Dallas, Texas 7 $ 11,435,000 $ 1,633,571 $ 647,000
Salt Lake, Utah 7 $ 6,085,000 $ 869,285 $ 289,000
Monterey, California 6 $ 29,240,000 $ 4,873,333 $ 3,468,000
San Joaquin, California 6 $ 4,730,000 $ 788,333 $ 0
Cook, Illinois 6 $ 8,850,000 $ 1,475,000 $ 693,000
Suffolk, Massachusetts 6 $ 9,070,000 $ 1,511,666 $ 827,000
Franklin, Ohio 6 $ 6,680,000 $ 1,113,333 $ 465,000
Jefferson, Colorado 5 $ 4,385,000 $ 877,000 $ 503,000
Broward, Florida 5 $ 5,455,000 $ 1,091,000 $ 462,000
Essex, Massachusetts 5 $ 4,795,000 $ 959,000 $ 2,859,000
Clark, Nevada 5 $ 10,195,000 $ 2,039,000 $ 855,000
Washoe, Nevada 5 $ 5,945,000 $ 1,189,000 $ 644,000
Bergen, New Jersey 5 $ 6,855,000 $ 1,371,000 $ 322,000
Newport, Rhode Island 5 $ 2,735,000 $ 547,000 $ 878,000
Nevada, California 4 $ 4,960,000 $ 1,240,000 $ 705,000
Eagle, Colorado 4 $ 6,190,000 $ 1,547,500 $ 469,000
York, Maine 4 $ 2,650,000 $ 662,500 $ 236,000
Baltimore, Maryland 4 $ 7,430,000 $ 1,857,500 $ 1,016,000
Harris, Texas 4 $ 7,440,000 $ 1,860,000 $ 738,000
Wasatch, Utah 4 $ 9,910,000 $ 2,477,500 $ 624,000
Fairfax, Virginia 4 $ 5,480,000 $ 1,370,000 $ 351,000
Arapahoe, Colorado 3 $ 3,455,000 $ 1,151,666 $ 488,000
Pitkin, Colorado 3 $ 22,515,000 $ 7,505,000 $ 1,838,000
Monroe, Florida 3 $ 21,215,000 $ 7,071,666 $ 0
Hawaii, Hawaii 3 $ 8,985,000 $ 2,995,000 $ 443,000
Maui, Hawaii 3 $ 3,015,000 $ 1,005,000 $ 503,000
Nantucket, Massachusetts 3 $ 3,355,000 $ 1,118,333 $ 437,000
Hennepin, Minnesota 3 $ 4,565,000 $ 1,521,666 $ 777,000
Douglas, Nevada 3 $ 14,685,000 $ 4,895,000 $ 4,636,000
Clackamas, Oregon 3 $ 6,705,000 $ 2,235,000 $ 0
Deschutes, Oregon 3 $ 4,445,000 $ 1,481,666 $ 895,000
Davidson, Tennessee 3 $ 6,085,000 $ 2,028,333 $ 418,000
Pierce, Washington 3 $ 2,435,000 $ 811,666 $ 696,000
Riverside, California 2 $ 3,130,000 $ 1,565,000 $ 392,000
Ventura, California 2 $ 2,630,000 $ 1,315,000 $ 715,000
La Plata, Colorado 2 $ 3,160,000 $ 1,580,000 $ 469,000
Routt, Colorado 2 $ 2,200,000 $ 1,100,000 $ 477,000
Litchfield, Connecticut 2 $ 1,890,000 $ 945,000 $ 604,000
District of Columbia, District Of Columbia 2 $ 4,100,000 $ 2,050,000 $ 379,000
Collier, Florida 2 $ 6,230,000 $ 3,115,000 $ 732,000
DeKalb, Georgia 2 $ 1,950,000 $ 975,000 $ 252,000
Blaine, Idaho 2 $ 5,480,000 $ 2,740,000 $ 1,000
Anne Arundel, Maryland 2 $ 4,610,000 $ 2,305,000 $ 607,000
Howard, Maryland 2 $ 1,720,000 $ 860,000 $ 360,000
Barnstable, Massachusetts 2 $ 3,720,000 $ 1,860,000 $ 517,000
Plymouth, Massachusetts 2 $ 1,710,000 $ 855,000 $ 584,000
Worcester, Massachusetts 2 $ 1,230,000 $ 615,000 $ 362,000
Washtenaw, Michigan 2 $ 1,570,000 $ 785,000 $ 469,000
Madison, Montana 2 $ 10,510,000 $ 5,255,000 $ 3,866,000
Monmouth, New Jersey 2 $ 3,930,000 $ 1,965,000 $ 1,369,000
Dutchess, New York 2 $ 2,010,000 $ 1,005,000 $ 350,000
Mecklenburg, North Carolina 2 $ 1,890,000 $ 945,000 $ 0
Philadelphia, Pennsylvania 2 $ 3,650,000 $ 1,825,000 $ 368,000
Comal, Texas 2 $ 1,990,000 $ 995,000 $ 229,000
Montgomery, Texas 2 $ 1,340,000 $ 670,000 $ 190,000
Tarrant, Texas 2 $ 2,650,000 $ 1,325,000 $ 2,066,000
Arlington, Virginia 2 $ 2,470,000 $ 1,235,000 $ 316,000
Kitsap, Washington 2 $ 4,260,000 $ 2,130,000 $ 384,000
Snohomish, Washington 2 $ 1,900,000 $ 950,000 $ 175,000
Shelby, Alabama 1 $ 855,000 $ 855,000 $ 0
Coconino, Arizona 1 $ 1,905,000 $ 1,905,000 $ 320,000
Pima, Arizona 1 $ 1,285,000 $ 1,285,000 $ 480,000
Yavapai, Arizona 1 $ 985,000 $ 985,000 $ 260,000
Benton, Arkansas 1 $ 705,000 $ 705,000 $ 521,000
Alpine, California 1 $ 1,385,000 $ 1,385,000 $ 0
Mariposa, California 1 $ 1,475,000 $ 1,475,000 $ 331,000
San Luis Obispo, California 1 $ 3,525,000 $ 3,525,000 $ 0
Solano, California 1 $ 1,405,000 $ 1,405,000 $ 316,000
Yolo, California 1 $ 1,035,000 $ 1,035,000 $ 222,000
Douglas, Colorado 1 $ 4,005,000 $ 4,005,000 $ 1,392,000
Gunnison, Colorado 1 $ 1,055,000 $ 1,055,000 $ 0
Hillsborough, Florida 1 $ 285,000 $ 285,000 $ 0
Indian River, Florida 1 $ 4,205,000 $ 4,205,000 $ 0
Sarasota, Florida 1 $ 3,375,000 $ 3,375,000 $ 2,100,000
Walton, Florida 1 $ 4,595,000 $ 4,595,000 $ 797,000
Fayette, Georgia 1 $ 445,000 $ 445,000 $ 500,000
Paulding, Georgia 1 $ 285,000 $ 285,000 $ 120,000
Honolulu, Hawaii 1 $ 1,205,000 $ 1,205,000 $ 0
Kauai, Hawaii 1 $ 4,355,000 $ 4,355,000 $ 4,848,000
Ada, Idaho 1 $ 1,105,000 $ 1,105,000 $ 667,000
Kootenai, Idaho 1 $ 3,005,000 $ 3,005,000 $ 1,352,000
Teton, Idaho 1 $ 2,065,000 $ 2,065,000 $ 0
DuPage, Illinois 1 $ 335,000 $ 335,000 $ 150,000
Lake, Illinois 1 $ 2,705,000 $ 2,705,000 $ 1,635,000
Orleans, Louisiana 1 $ 1,085,000 $ 1,085,000 $ 736,000
Cumberland, Maine 1 $ 385,000 $ 385,000 $ 129,000
Hancock, Maine 1 $ 1,275,000 $ 1,275,000 $ 250,000
Sagadahoc, Maine 1 $ 1,055,000 $ 1,055,000 $ 475,000
Montgomery, Maryland 1 $ 1,215,000 $ 1,215,000 $ 602,000
Worcester, Maryland 1 $ 1,025,000 $ 1,025,000 $ 825,000
Berkshire, Massachusetts 1 $ 1,605,000 $ 1,605,000 $ 350,000
Dukes, Massachusetts 1 $ 1,205,000 $ 1,205,000 $ 772,000
St. Louis, Missouri 1 $ 1,375,000 $ 1,375,000 $ 0
Flathead, Montana 1 $ 2,485,000 $ 2,485,000 $ 996,000
Gallatin, Montana 1 $ 1,305,000 $ 1,305,000 $ 287,000
Hillsborough, New Hampshire 1 $ 585,000 $ 585,000 $ 0
Rockingham, New Hampshire 1 $ 1,465,000 $ 1,465,000 $ 358,000
Essex, New Jersey 1 $ 1,245,000 $ 1,245,000 $ 0
Hunterdon, New Jersey 1 $ 845,000 $ 845,000 $ 599,000
Mercer, New Jersey 1 $ 1,145,000 $ 1,145,000 $ 523,000
Middlesex, New Jersey 1 $ 595,000 $ 595,000 $ 400,000
Ulster, New York 1 $ 1,505,000 $ 1,505,000 $ 258,000
Forsyth, North Carolina 1 $ 1,325,000 $ 1,325,000 $ 425,000
Jackson, North Carolina 1 $ 1,965,000 $ 1,965,000 $ 1,562,000
Moore, North Carolina 1 $ 625,000 $ 625,000 $ 433,000
Delaware, Ohio 1 $ 1,205,000 $ 1,205,000 $ 259,000
Portage, Ohio 1 $ 735,000 $ 735,000 $ 0
Allegheny, Pennsylvania 1 $ 1,045,000 $ 1,045,000 $ 522,000
Bucks, Pennsylvania 1 $ 725,000 $ 725,000 $ 525,000
Montgomery, Pennsylvania 1 $ 2,205,000 $ 2,205,000 $ 1,850,000
Bristol, Rhode Island 1 $ 465,000 $ 465,000 $ 108,000
Kent, Rhode Island 1 $ 1,105,000 $ 1,105,000 $ 275,000
Providence, Rhode Island 1 $ 725,000 $ 725,000 $ 0
Washington, Rhode Island 1 $ 7,205,000 $ 7,205,000 $ 0
Greenville, South Carolina 1 $ 635,000 $ 635,000 $ 0
York, South Carolina 1 $ 605,000 $ 605,000 $ 0
Williamson, Tennessee 1 $ 5,005,000 $ 5,005,000 $ 0
Wilson, Tennessee 1 $ 375,000 $ 375,000 $ 0
Bexar, Texas 1 $ 425,000 $ 425,000 $ 0
Collin, Texas 1 $ 1,085,000 $ 1,085,000 $ 350,000
Hays, Texas 1 $ 1,365,000 $ 1,365,000 $ 320,000
Williamson, Texas 1 $ 685,000 $ 685,000 $ 250,000
Weber, Utah 1 $ 325,000 $ 325,000 $ 0
Lamoille, Vermont 1 $ 2,895,000 $ 2,895,000 $ 0
Windsor, Vermont 1 $ 315,000 $ 315,000 $ 474,000
Albemarle, Virginia 1 $ 2,805,000 $ 2,805,000 $ 650,000
Charlottesville, Virginia 1 $ 605,000 $ 605,000 $ 400,000
Loudoun, Virginia 1 $ 735,000 $ 735,000 $ 215,000
Island, Washington 1 $ 2,005,000 $ 2,005,000 $ 1,385,000
Kittitas, Washington 1 $ 305,000 $ 305,000 $ 481,000
Spokane, Washington 1 $ 345,000 $ 345,000 $ 0
Green Lake, Wisconsin 1 $ 1,275,000 $ 1,275,000 $ 615,000
Trempealeau, Wisconsin 1 $ 795,000 $ 795,000 $ 0
Waukesha, Wisconsin 1 $ 255,000 $ 255,000 $ 518,000

Mortgage Loan Application Detail Totals for Silicon Valley Bank in 2021

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 686 $1,374,250,000 $2,003,000 $10,505,000 $766,000 $8,361,000
Cash-out Refinancing 281 $651,365,000 $2,318,000 $32,555,000 $968,000 $7,792,000
Other Purpose 134 $387,420,000 $2,891,000 $10,475,000 $1,301,000 $5,344,000
Refinancing 114 $185,410,000 $1,626,000 $12,605,000 $1,119,000 $8,160,000
Home Improvement 1 $28,005,000 $28,005,000 $28,005,000 $0 $0
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 643 $1,216,985,000 $1,892,000 $14,625,000 $851,000 $8,160,000
Not Provided 255 $554,325,000 $2,173,000 $10,505,000 $951,000 $6,951,000
Asian 144 $257,340,000 $1,787,000 $9,005,000 $1,005,000 $8,361,000
Not applicable 98 $452,620,000 $4,618,000 $32,555,000 $0 $0
Hispanic 44 $80,210,000 $1,822,000 $5,605,000 $1,130,000 $5,344,000
Black or African American 11 $17,625,000 $1,602,000 $4,745,000 $548,000 $1,841,000
American Indian or Alaskan Native 1 $575,000 $575,000 $575,000 $478,000 $478,000
Native Hawaiian or Other Pacific Islander 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) 1,216 $2,626,450,000 $2,159,000 $32,555,000 $898,000 $8,361,000
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 868 $1,892,530,000 $2,180,000 $32,555,000 $941,000 $8,361,000
Preapproval Approved but not Accepted 195 $398,925,000 $2,045,000 $10,505,000 $619,000 $3,074,000
Application Withdrawn By Applicant 67 $166,935,000 $2,491,000 $20,005,000 $1,350,000 $6,951,000
Application Approved But Not Accepted 58 $114,460,000 $1,973,000 $7,205,000 $720,000 $2,855,000
Application Denied By Financial Institution 19 $32,145,000 $1,691,000 $3,485,000 $545,000 $3,722,000
File Closed For Incompleteness 9 $21,455,000 $2,383,000 $6,005,000 $1,122,000 $3,300,000
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 1,197 $2,594,305,000 $2,167,000 $32,555,000 $905,000 $8,361,000
Debt-To-Income Ratio 14 $27,160,000 $1,940,000 $3,485,000 $357,000 $1,122,000
Other 3 $2,855,000 $951,000 $1,805,000 $1,861,000 $3,722,000
Unverifiable Information 2 $2,130,000 $1,065,000 $1,205,000 $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 2021 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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