Stearns Lending, LLC Mortgage Lending & HMDA Data, 2007
In 2007, Stearns Lending, LLC of Santa Ana, CA reported 8,651 mortgage applications totaling $2.5 billion, down 46% from 2006. The average application was for $292,832, and applicants reported an average income of $114,942. 28% of its applications resulted in an originated loan and 32% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (1,645), Riverside-San Bernardino-Ontario, CA (1,519) and Santa Ana-Anaheim-Irvine, CA (901) (applications in parentheses).
| Mortgage Company & Address | Stearns Lending, LLC 4 Hutton Centre, 10th Floor Santa Ana, CA 92707 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008 2007 2006 2005 2004 2003 |
| Total Number of Mortgage Applications | 8,651 |
| Total Mortgage Loan Application Amount | $2,533,290,000 |
| Average Mortgage Loan Application Amount | $292,832 |
| Highest Mortgage Loan Application Amount | $3,481,000 |
| Average Applicant Income | $114,942 |
| Highest Applicant Income | $1,500,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Stearns Lending, LLC filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Los Angeles-Long Beach-Glendale, CA | 1,645 | $ 545,433,000 | $ 331,570 | $ 121,000 |
| Riverside-San Bernardino-Ontario, CA | 1,519 | $ 429,418,000 | $ 282,697 | $ 113,000 |
| Santa Ana-Anaheim-Irvine, CA | 901 | $ 339,702,000 | $ 377,027 | $ 139,000 |
| Las Vegas-Paradise, NV | 796 | $ 205,404,000 | $ 258,045 | $ 118,000 |
| San Diego-Carlsbad-San Marcos, CA | 341 | $ 109,274,000 | $ 320,451 | $ 131,000 |
| Modesto, CA | 232 | $ 58,903,000 | $ 253,892 | $ 84,000 |
| Phoenix-Mesa-Scottsdale, AZ | 221 | $ 57,563,000 | $ 260,466 | $ 131,000 |
| Fresno, CA | 150 | $ 33,416,000 | $ 222,773 | $ 97,000 |
| Oakland-Fremont-Hayward, CA | 146 | $ 62,084,000 | $ 425,232 | $ 146,000 |
| Stockton, CA | 139 | $ 35,929,000 | $ 258,482 | $ 96,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 134 | $ 38,793,000 | $ 289,500 | $ 113,925 |
| Miami-Miami Beach-Kendall, FL | 111 | $ 30,929,000 | $ 278,639 | $ 131,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 103 | $ 24,745,000 | $ 240,242 | $ 156,000 |
| Baltimore-Towson, MD | 101 | $ 25,445,000 | $ 251,930 | $ 105,000 |
| Bakersfield, CA | 95 | $ 17,698,000 | $ 186,294 | $ 95,000 |
| Sacramento--Arden-Arcade--Roseville, CA | 88 | $ 23,846,000 | $ 270,977 | $ 111,000 |
| West Palm Beach-Boca Raton-Boynton Beach, FL | 77 | $ 19,223,000 | $ 249,649 | $ 116,000 |
| Santa Rosa-Petaluma, CA | 70 | $ 25,134,000 | $ 359,057 | $ 119,000 |
| Tampa-St. Petersburg-Clearwater, FL | 68 | $ 15,705,000 | $ 230,955 | $ 144,000 |
| Honolulu, HI | 64 | $ 23,599,000 | $ 368,734 | $ 116,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 64 | $ 27,922,000 | $ 436,281 | $ 148,000 |
| Tucson, AZ | 64 | $ 11,417,000 | $ 178,390 | $ 94,000 |
| Orlando-Kissimmee, FL | 63 | $ 13,463,000 | $ 213,698 | $ 122,000 |
| Visalia-Porterville, CA | 56 | $ 10,108,000 | $ 180,500 | $ 102,000 |
| Detroit-Livonia-Dearborn, MI | 55 | $ 4,341,000 | $ 78,927 | $ 80,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 48 | $ 16,754,000 | $ 349,041 | $ 112,000 |
| Seattle-Bellevue-Everett, WA | 43 | $ 12,901,000 | $ 300,023 | $ 109,000 |
| Madera, CA | 41 | $ 8,445,000 | $ 205,975 | $ 75,000 |
| Merced, CA | 41 | $ 9,495,000 | $ 231,585 | $ 104,000 |
| Vallejo-Fairfield, CA | 35 | $ 11,857,000 | $ 338,771 | $ 91,000 |
| Portland-Vancouver-Beaverton, OR-WA | 33 | $ 8,410,000 | $ 254,848 | $ 96,545 |
| San Francisco-San Mateo-Redwood City, CA | 32 | $ 13,637,000 | $ 426,156 | $ 131,000 |
| Jacksonville, FL | 31 | $ 5,069,000 | $ 163,516 | $ 79,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 30 | $ 6,427,000 | $ 214,233 | $ 121,000 |
| Provo-Orem, UT | 29 | $ 5,999,000 | $ 206,862 | $ 63,000 |
| Reno-Sparks, NV | 27 | $ 6,394,000 | $ 236,814 | $ 89,000 |
| Salinas, CA | 26 | $ 8,124,000 | $ 312,461 | $ 111,000 |
| Salt Lake City, UT | 25 | $ 8,847,000 | $ 353,880 | $ 174,000 |
| Sarasota-Bradenton-Venice, FL | 22 | $ 4,718,000 | $ 214,454 | $ 87,000 |
| Cape Coral-Fort Myers, FL | 21 | $ 7,596,000 | $ 361,714 | $ 96,000 |
| Denver-Aurora, CO | 20 | $ 5,460,000 | $ 273,000 | $ 83,000 |
| Ogden-Clearfield, UT | 20 | $ 4,293,000 | $ 214,650 | $ 102,000 |
| Hartford-West Hartford-East Hartford, CT | 19 | $ 3,044,000 | $ 160,210 | $ 59,000 |
| Lake Havasu City-Kingman, AZ | 19 | $ 3,734,000 | $ 196,526 | $ 81,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 18 | $ 3,076,000 | $ 170,888 | $ 69,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 18 | $ 3,507,000 | $ 194,833 | $ 75,333 |
| Bridgeport-Stamford-Norwalk, CT | 15 | $ 3,374,000 | $ 224,933 | $ 84,000 |
| Boston-Quincy, MA | 14 | $ 3,322,000 | $ 237,285 | $ 101,000 |
| Santa Cruz-Watsonville, CA | 14 | $ 6,884,000 | $ 491,714 | $ 120,000 |
| Bethesda-Gaithersburg-Frederick, MD | 13 | $ 4,389,000 | $ 337,615 | $ 158,000 |
| Dallas-Plano-Irving, TX | 13 | $ 3,726,000 | $ 286,615 | $ 143,000 |
| Warren-Troy-Farmington Hills, MI | 13 | $ 4,050,000 | $ 311,538 | $ 72,000 |
| Boise City-Nampa, ID | 12 | $ 2,294,000 | $ 191,166 | $ 95,000 |
| Houston-Sugar Land-Baytown, TX | 11 | $ 1,935,000 | $ 175,909 | $ 115,000 |
| Lakeland, FL | 11 | $ 1,828,000 | $ 166,181 | $ 128,000 |
| Port St. Lucie, FL | 11 | $ 1,812,000 | $ 164,727 | $ 97,000 |
| Providence-New Bedford-Fall River, RI-MA | 11 | $ 3,002,000 | $ 272,909 | $ 133,000 |
| Santa Barbara-Santa Maria-Goleta, CA | 11 | $ 4,571,000 | $ 415,545 | $ 181,000 |
| Colorado Springs, CO | 10 | $ 1,872,000 | $ 187,200 | $ 80,000 |
| El Centro, CA | 10 | $ 1,940,000 | $ 194,000 | $ 81,000 |
| New Haven-Milford, CT | 10 | $ 2,085,000 | $ 208,500 | $ 75,000 |
| Richmond, VA | 10 | $ 1,769,000 | $ 176,900 | $ 89,000 |
| Tacoma, WA | 10 | $ 2,863,000 | $ 286,300 | $ 132,000 |
| Austin-Round Rock, TX | 9 | $ 1,624,000 | $ 180,444 | $ 102,000 |
| Naples-Marco Island, FL | 9 | $ 2,623,000 | $ 291,444 | $ 137,000 |
| Ocala, FL | 9 | $ 1,239,000 | $ 137,666 | $ 57,000 |
| Panama City-Lynn Haven, FL | 9 | $ 2,071,000 | $ 230,111 | $ 178,000 |
| San Luis Obispo-Paso Robles, CA | 9 | $ 2,544,000 | $ 282,666 | $ 77,000 |
| Albuquerque, NM | 8 | $ 1,460,000 | $ 182,500 | $ 92,000 |
| Charlotte-Gastonia-Concord, NC-SC | 8 | $ 1,769,000 | $ 221,125 | $ 96,500 |
| San Antonio, TX | 8 | $ 1,553,000 | $ 194,125 | $ 128,000 |
| Worcester, MA | 8 | $ 1,885,000 | $ 235,625 | $ 111,000 |
| Palm Coast, FL | 7 | $ 977,000 | $ 139,571 | $ 20,000 |
| Salem, OR | 7 | $ 926,000 | $ 132,285 | $ 43,000 |
| Wilmington, NC | 7 | $ 734,000 | $ 104,857 | $ 89,000 |
| Yuba City, CA | 7 | $ 1,791,000 | $ 255,857 | $ 128,000 |
| Cambridge-Newton-Framingham, MA | 6 | $ 2,143,000 | $ 357,166 | $ 110,000 |
| Flagstaff, AZ | 6 | $ 2,894,000 | $ 482,333 | $ 218,000 |
| Hanford-Corcoran, CA | 6 | $ 1,244,000 | $ 207,333 | $ 104,000 |
| Prescott, AZ | 6 | $ 1,107,000 | $ 184,500 | $ 40,000 |
| Spokane, WA | 6 | $ 830,000 | $ 138,333 | $ 247,000 |
| Bellingham, WA | 5 | $ 1,347,000 | $ 269,400 | $ 121,000 |
| El Paso, TX | 5 | $ 742,000 | $ 148,400 | $ 72,000 |
| Fort Worth-Arlington, TX | 5 | $ 1,085,000 | $ 217,000 | $ 259,000 |
| Peabody, MA | 5 | $ 1,429,000 | $ 285,800 | $ 94,000 |
| Pensacola-Ferry Pass-Brent, FL | 5 | $ 1,939,000 | $ 387,800 | $ 305,000 |
| Raleigh-Cary, NC | 5 | $ 448,000 | $ 89,600 | $ 126,000 |
| Charlottesville, VA | 4 | $ 401,000 | $ 100,250 | $ 28,000 |
| Greeley, CO | 4 | $ 818,000 | $ 204,500 | $ 182,000 |
| McAllen-Edinburg-Mission, TX | 4 | $ 883,000 | $ 220,750 | $ 127,000 |
| Napa, CA | 4 | $ 1,635,000 | $ 408,750 | $ 90,000 |
| Palm Bay-Melbourne-Titusville, FL | 4 | $ 487,000 | $ 121,750 | $ 61,000 |
| Sebastian-Vero Beach, FL | 4 | $ 618,000 | $ 154,500 | $ 262,000 |
| St. George, UT | 4 | $ 1,078,000 | $ 269,500 | $ 244,000 |
| Asheville, NC | 3 | $ 1,349,000 | $ 449,666 | $ 304,000 |
| Bremerton-Silverdale, WA | 3 | $ 550,000 | $ 183,333 | $ 37,000 |
| Eugene-Springfield, OR | 3 | $ 605,000 | $ 201,666 | $ 66,000 |
| Fort Walton Beach-Crestview-Destin, FL | 3 | $ 1,474,000 | $ 491,333 | $ 27,000 |
| Gainesville, FL | 3 | $ 520,000 | $ 173,333 | $ 54,000 |
| Grand Rapids-Wyoming, MI | 3 | $ 293,000 | $ 97,666 | $ 52,000 |
| Greensboro-High Point, NC | 3 | $ 657,000 | $ 219,000 | $ 65,000 |
| Longview, WA | 3 | $ 228,000 | $ 76,000 | $ 76,000 |
| Medford, OR | 3 | $ 429,000 | $ 143,000 | $ 56,000 |
| Punta Gorda, FL | 3 | $ 864,000 | $ 288,000 | $ 111,000 |
| Yakima, WA | 3 | $ 460,000 | $ 153,333 | $ 64,000 |
| Bend, OR | 2 | $ 419,000 | $ 209,500 | $ 64,000 |
| Boulder, CO | 2 | $ 298,000 | $ 149,000 | $ 78,000 |
| Carson City, NV | 2 | $ 331,000 | $ 165,500 | $ 41,000 |
| Chico, CA | 2 | $ 732,000 | $ 366,000 | $ 93,000 |
| Coeur D'Alene, ID | 2 | $ 295,000 | $ 147,500 | $ 156,000 |
| Dover, DE | 2 | $ 500,000 | $ 250,000 | $ 61,000 |
| Flint, MI | 2 | $ 2,790,000 | $ 1,395,000 | $ 794,000 |
| Fort Collins-Loveland, CO | 2 | $ 306,000 | $ 153,000 | $ 64,000 |
| Greenville, NC | 2 | $ 204,000 | $ 102,000 | $ 56,000 |
| Hickory-Lenoir-Morganton, NC | 2 | $ 270,000 | $ 135,000 | $ 44,000 |
| Las Cruces, NM | 2 | $ 366,000 | $ 183,000 | $ 93,000 |
| Mount Vernon-Anacortes, WA | 2 | $ 252,000 | $ 126,000 | $ 78,000 |
| Redding, CA | 2 | $ 349,000 | $ 174,500 | $ 49,000 |
| Santa Fe, NM | 2 | $ 280,000 | $ 140,000 | $ 85,000 |
| Sioux City, IA-NE-SD | 2 | $ 68,000 | $ 34,000 | $ 11,000 |
| Abilene, TX | 1 | $ 185,000 | $ 185,000 | $ 84,000 |
| Ann Arbor, MI | 1 | $ 110,000 | $ 110,000 | $ 0 |
| Bangor, ME | 1 | $ 140,000 | $ 140,000 | $ 56,000 |
| Bay City, MI | 1 | $ 122,000 | $ 122,000 | $ 62,000 |
| Blacksburg-Christiansburg-Radford, VA | 1 | $ 77,000 | $ 77,000 | $ 35,000 |
| College Station-Bryan, TX | 1 | $ 194,000 | $ 194,000 | $ 162,000 |
| Columbia, SC | 1 | $ 139,000 | $ 139,000 | $ 0 |
| Corpus Christi, TX | 1 | $ 52,000 | $ 52,000 | $ 35,000 |
| Davenport-Moline-Rock Island, IA-IL | 1 | $ 104,000 | $ 104,000 | $ 54,000 |
| Duluth, MN-WI | 1 | $ 120,000 | $ 120,000 | $ 91,000 |
| Durham, NC | 1 | $ 200,000 | $ 200,000 | $ 90,000 |
| Fayetteville, NC | 1 | $ 143,000 | $ 143,000 | $ 77,000 |
| Grand Forks, ND-MN | 1 | $ 57,000 | $ 57,000 | $ 86,000 |
| Grand Junction, CO | 1 | $ 247,000 | $ 247,000 | $ 180,000 |
| Harrisonburg, VA | 1 | $ 90,000 | $ 90,000 | $ 80,000 |
| Jacksonville, NC | 1 | $ 113,000 | $ 113,000 | $ 76,000 |
| Kennewick-Richland-Pasco, WA | 1 | $ 75,000 | $ 75,000 | $ 57,000 |
| Killeen-Temple-Fort Hood, TX | 1 | $ 124,000 | $ 124,000 | $ 139,000 |
| Norwich-New London, CT | 1 | $ 265,000 | $ 265,000 | $ 94,000 |
| Olympia, WA | 1 | $ 326,000 | $ 326,000 | $ 180,000 |
| Pueblo, CO | 1 | $ 153,000 | $ 153,000 | $ 48,000 |
| Rochester, MN | 1 | $ 148,000 | $ 148,000 | $ 66,000 |
| Springfield, MA | 1 | $ 136,000 | $ 136,000 | $ 90,000 |
| Waco, TX | 1 | $ 103,000 | $ 103,000 | $ 72,000 |
| Wenatchee, WA | 1 | $ 416,000 | $ 416,000 | $ 146,000 |
| Wilmington, DE-MD-NJ | 1 | $ 150,000 | $ 150,000 | $ 90,000 |
Mortgage Loan Application Detail Totals for Stearns Lending, LLC in 2007
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 | 5,220 | $1,564,206,000 | $299,000 | $3,000,000 | $111,000 | $1,254,000 |
| Home Purchase | 3,428 | $968,276,000 | $282,000 | $3,481,000 | $121,000 | $1,500,000 |
| Home Improvement | 3 | $808,000 | $269,000 | $332,000 | $54,000 | $120,000 |
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 | 3,758 | $1,137,879,000 | $302,000 | $3,481,000 | $125,000 | $1,254,000 |
| Hispanic | 3,157 | $879,370,000 | $278,000 | $2,405,000 | $101,000 | $1,200,000 |
| Black or African American | 738 | $205,753,000 | $278,000 | $1,163,000 | $109,000 | $1,500,000 |
| Asian | 545 | $175,116,000 | $321,000 | $1,278,000 | $126,000 | $931,000 |
| Not Provided | 271 | $80,590,000 | $297,000 | $1,330,000 | $138,000 | $769,000 |
| Native Hawaiian or Other Pacific Islander | 156 | $44,957,000 | $288,000 | $1,085,000 | $109,000 | $477,000 |
| American Indian or Alaskan Native | 26 | $9,625,000 | $370,000 | $1,187,000 | $142,000 | $540,000 |
| 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) | 8,484 | $2,489,638,000 | $293,000 | $3,481,000 | $116,000 | $1,500,000 |
| FHA-insured (Federal Housing Administration) | 131 | $32,792,000 | $250,000 | $385,000 | $72,000 | $180,000 |
| VA-guaranteed (Veterans Administration) | 36 | $10,860,000 | $301,000 | $417,000 | $83,000 | $130,000 |
| 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 |
|---|---|---|---|---|---|---|
| Application Denied By Financial Institution | 2,798 | $846,357,000 | $302,000 | $2,925,000 | $130,000 | $1,500,000 |
| Loan Originated | 2,394 | $660,026,000 | $275,000 | $2,000,000 | $96,000 | $840,000 |
| Application Approved But Not Accepted | 2,360 | $697,460,000 | $295,000 | $3,000,000 | $111,000 | $1,254,000 |
| File Closed For Incompleteness | 584 | $182,248,000 | $312,000 | $3,481,000 | $138,000 | $1,200,000 |
| Application Withdrawn By Applicant | 515 | $147,199,000 | $285,000 | $1,256,000 | $111,000 | $1,200,000 |
| 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 |
|---|---|---|---|---|---|---|
| Other | 959 | $290,242,000 | $302,000 | $2,925,000 | $146,000 | $1,111,000 |
| Credit History | 739 | $222,015,000 | $300,000 | $1,200,000 | $132,000 | $1,500,000 |
| Unverifiable Information | 295 | $93,462,000 | $316,000 | $1,500,000 | $139,000 | $811,000 |
| Debt-To-Income Ratio | 259 | $79,877,000 | $308,000 | $1,124,000 | $108,000 | $540,000 |
| Collateral | 238 | $66,795,000 | $280,000 | $2,470,000 | $127,000 | $1,080,000 |
| Employment History | 171 | $53,689,000 | $313,000 | $1,697,000 | $131,000 | $1,020,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 45 | $10,035,000 | $223,000 | $992,000 | $82,000 | $270,000 |
| Credit Application Incomplete | 15 | $4,037,000 | $269,000 | $540,000 | $110,000 | $203,000 |
| Mortgage Insurance Denied | 7 | $2,861,000 | $408,000 | $1,000,000 | $170,000 | $548,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Stearns Lending, LLC's 2007 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 Stearns Lending, 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.
For a list of all lenders in California, download the full spreadsheet
with aggregated HMDA statistics today.
Mortgage lenders & HMDA data by state: Alabama · Alaska · Arizona · Arkansas · California · Colorado · Connecticut · Delaware · District of Columbia · Florida · Georgia · Hawaii · Idaho · Illinois · Indiana · Iowa · Kansas · Kentucky · Louisiana · Maine · Maryland · Massachusetts · Michigan · Minnesota · Mississippi · Missouri · Montana · Nebraska · Nevada · New Hampshire · New Jersey · New Mexico · New York · North Carolina · North Dakota · Ohio · Oklahoma · Oregon · Pennsylvania · Puerto Rico · Rhode Island · South Carolina · South Dakota · Tennessee · Texas · Utah · Vermont · Virginia · Washington · West Virginia · Wisconsin · Wyoming
Home · Mortgage lenders A–Z · Data downloads · Blog · About