Summit Funding, Inc.
Mortgage Loan Application
Totals and Details
for 2020
Find mortgage loan statistics, lending data, and loan application totals for California.
The mortgage statistics and data below are specific to mortgage loan applications for Summit Funding, Inc..
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2021.
| Mortgage Company & Address | Summit Funding, Inc. 2241 Harvard St, Suite 200 Sacramento, CA 95815 Tel #: available with data download |
| Federal Regulator | * available with data download |
| Years | 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 |
| Total Number of Mortgage Applications | 32,344 |
| Total Mortgage Loan Application Amount | $9,737,750,000 |
| Average Mortgage Loan Application Amount | $338,200 |
| Highest Mortgage Loan Application Amount | $2,565,000 |
| Average Applicant Income | $95,200 |
| Highest Applicant Income | $3,673,000 |
Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations
where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in CA, the totals and averages will help you understand where the lender does business as well as the volume of business they do.
| County | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loans Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| St. Joseph County Indiana | 1 | $ 75,000 | $ 75,000 | $ 27,000 |
| Tippecanoe County Indiana | 1 | $ 85,000 | $ 85,000 | $ 84,000 |
| Benton County Iowa | 1 | $ 345,000 | $ 345,000 | $ 0 |
| Boone County Iowa | 1 | $ 175,000 | $ 175,000 | $ 31,000 |
| Marion County Iowa | 1 | $ 375,000 | $ 375,000 | $ 0 |
| Montgomery County Iowa | 1 | $ 145,000 | $ 145,000 | $ 102,000 |
| Ringgold County Iowa | 1 | $ 145,000 | $ 145,000 | $ 128,000 |
| Tama County Iowa | 1 | $ 165,000 | $ 165,000 | $ 117,000 |
| Miami County Kansas | 1 | $ 245,000 | $ 245,000 | $ 103,000 |
| Shawnee County Kansas | 1 | $ 235,000 | $ 235,000 | $ 79,000 |
| Fayette County Kentucky | 1 | $ 305,000 | $ 305,000 | $ 112,000 |
| Jefferson County Kentucky | 1 | $ 275,000 | $ 275,000 | $ 50,000 |
| Logan County Kentucky | 1 | $ 195,000 | $ 195,000 | $ 44,000 |
| Mason County Kentucky | 1 | $ 105,000 | $ 105,000 | $ 49,000 |
| Robertson County Kentucky | 1 | $ 115,000 | $ 115,000 | $ 39,000 |
| Simpson County Kentucky | 1 | $ 235,000 | $ 235,000 | $ 89,000 |
| Calcasieu County Louisiana | 1 | $ 235,000 | $ 235,000 | $ 63,000 |
| Lafourche County Louisiana | 1 | $ 245,000 | $ 245,000 | $ 76,000 |
| Plaquemines County Louisiana | 1 | $ 355,000 | $ 355,000 | $ 105,000 |
| Terrebonne County Louisiana | 1 | $ 165,000 | $ 165,000 | $ 34,000 |
| Washington County Louisiana | 1 | $ 225,000 | $ 225,000 | $ 90,000 |
| Allegan County Michigan | 1 | $ 235,000 | $ 235,000 | $ 97,000 |
| Baraga County Michigan | 1 | $ 195,000 | $ 195,000 | $ 58,000 |
| Calhoun County Michigan | 1 | $ 155,000 | $ 155,000 | $ 77,000 |
| Charlevoix County Michigan | 1 | $ 105,000 | $ 105,000 | $ 69,000 |
| Cheboygan County Michigan | 1 | $ 245,000 | $ 245,000 | $ 165,000 |
| Kalamazoo County Michigan | 1 | $ 245,000 | $ 245,000 | $ 249,000 |
| Kalkaska County Michigan | 1 | $ 125,000 | $ 125,000 | $ 40,000 |
| Leelanau County Michigan | 1 | $ 265,000 | $ 265,000 | $ 87,000 |
| Manistee County Michigan | 1 | $ 515,000 | $ 515,000 | $ 270,000 |
| Mason County Michigan | 1 | $ 95,000 | $ 95,000 | $ 45,000 |
| Montcalm County Michigan | 1 | $ 365,000 | $ 365,000 | $ 96,000 |
| Muskegon County Michigan | 1 | $ 265,000 | $ 265,000 | $ 183,000 |
| Oscoda County Michigan | 1 | $ 85,000 | $ 85,000 | $ 0 |
| Otsego County Michigan | 1 | $ 145,000 | $ 145,000 | $ 40,000 |
| Ottawa County Michigan | 1 | $ 285,000 | $ 285,000 | $ 116,000 |
| Presque Isle County Michigan | 1 | $ 275,000 | $ 275,000 | $ 123,000 |
| Shiawassee County Michigan | 1 | $ 215,000 | $ 215,000 | $ 119,000 |
| St. Joseph County Michigan | 1 | $ 225,000 | $ 225,000 | $ 157,000 |
| Hennepin County Minnesota | 1 | $ 295,000 | $ 295,000 | $ 476,000 |
| DeSoto County Mississippi | 1 | $ 245,000 | $ 245,000 | $ 61,000 |
| Monroe County Mississippi | 1 | $ 95,000 | $ 95,000 | $ 36,000 |
| Winston County Mississippi | 1 | $ 55,000 | $ 55,000 | $ 56,000 |
| Bates County Missouri | 1 | $ 305,000 | $ 305,000 | $ 124,000 |
| Buchanan County Missouri | 1 | $ 335,000 | $ 335,000 | $ 110,000 |
| Clinton County Missouri | 1 | $ 315,000 | $ 315,000 | $ 96,000 |
| DeKalb County Missouri | 1 | $ 165,000 | $ 165,000 | $ 40,000 |
| Henry County Missouri | 1 | $ 165,000 | $ 165,000 | $ 71,000 |
| Pettis County Missouri | 1 | $ 195,000 | $ 195,000 | $ 263,000 |
| St. Louis City County Missouri | 1 | $ 465,000 | $ 465,000 | $ 135,000 |
| Taney County Missouri | 1 | $ 205,000 | $ 205,000 | $ 33,000 |
| Sarpy County Nebraska | 1 | $ 365,000 | $ 365,000 | $ 110,000 |
| Sierra County New Mexico | 1 | $ 245,000 | $ 245,000 | $ 51,000 |
| Alamance County North Carolina | 1 | $ 225,000 | $ 225,000 | $ 80,000 |
| Ashe County North Carolina | 1 | $ 165,000 | $ 165,000 | $ 198,000 |
| Clay County North Carolina | 1 | $ 195,000 | $ 195,000 | $ 79,000 |
| Craven County North Carolina | 1 | $ 155,000 | $ 155,000 | $ 43,000 |
| Dare County North Carolina | 1 | $ 285,000 | $ 285,000 | $ 150,000 |
| Durham County North Carolina | 1 | $ 265,000 | $ 265,000 | $ 135,000 |
| Granville County North Carolina | 1 | $ 205,000 | $ 205,000 | $ 44,000 |
| Halifax County North Carolina | 1 | $ 275,000 | $ 275,000 | $ 129,000 |
| Jackson County North Carolina | 1 | $ 265,000 | $ 265,000 | $ 204,000 |
| McDowell County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 39,000 |
| Pender County North Carolina | 1 | $ 455,000 | $ 455,000 | $ 338,000 |
| Randolph County North Carolina | 1 | $ 225,000 | $ 225,000 | $ 40,000 |
| Robeson County North Carolina | 1 | $ 115,000 | $ 115,000 | $ 27,000 |
| Stokes County North Carolina | 1 | $ 55,000 | $ 55,000 | $ 42,000 |
| Watauga County North Carolina | 1 | $ 265,000 | $ 265,000 | $ 46,000 |
| Wilkes County North Carolina | 1 | $ 175,000 | $ 175,000 | $ 57,000 |
| Yadkin County North Carolina | 1 | $ 135,000 | $ 135,000 | $ 31,000 |
| Clinton County Ohio | 1 | $ 145,000 | $ 145,000 | $ 92,000 |
| Fayette County Ohio | 1 | $ 315,000 | $ 315,000 | $ 66,000 |
| Sandusky County Ohio | 1 | $ 245,000 | $ 245,000 | $ 83,000 |
| Scioto County Ohio | 1 | $ 95,000 | $ 95,000 | $ 58,000 |
| Union County Ohio | 1 | $ 305,000 | $ 305,000 | $ 205,000 |
| Beckham County Oklahoma | 1 | $ 175,000 | $ 175,000 | $ 61,000 |
| Garfield County Oklahoma | 1 | $ 175,000 | $ 175,000 | $ 53,000 |
| Wagoner County Oklahoma | 1 | $ 235,000 | $ 235,000 | $ 91,000 |
| Grant County Oregon | 1 | $ 275,000 | $ 275,000 | $ 62,000 |
| Lake County Oregon | 1 | $ 95,000 | $ 95,000 | $ 48,000 |
| Wheeler County Oregon | 1 | $ 105,000 | $ 105,000 | $ 33,000 |
| Charleston County South Carolina | 1 | $ 485,000 | $ 485,000 | $ 190,000 |
| Greenville County South Carolina | 1 | $ 195,000 | $ 195,000 | $ 84,000 |
| Kershaw County South Carolina | 1 | $ 145,000 | $ 145,000 | $ 65,000 |
| Benton County Tennessee | 1 | $ 175,000 | $ 175,000 | $ 52,000 |
| Bledsoe County Tennessee | 1 | $ 95,000 | $ 95,000 | $ 41,000 |
| Cannon County Tennessee | 1 | $ 225,000 | $ 225,000 | $ 99,000 |
| Clay County Tennessee | 1 | $ 185,000 | $ 185,000 | $ 108,000 |
| Decatur County Tennessee | 1 | $ 85,000 | $ 85,000 | $ 13,000 |
| DeKalb County Tennessee | 1 | $ 125,000 | $ 125,000 | $ 33,000 |
| Greene County Tennessee | 1 | $ 305,000 | $ 305,000 | $ 115,000 |
| Grundy County Tennessee | 1 | $ 225,000 | $ 225,000 | $ 114,000 |
| Hardin County Tennessee | 1 | $ 195,000 | $ 195,000 | $ 0 |
| Jackson County Tennessee | 1 | $ 195,000 | $ 195,000 | $ 61,000 |
| Lincoln County Tennessee | 1 | $ 125,000 | $ 125,000 | $ 30,000 |
| Loudon County Tennessee | 1 | $ 265,000 | $ 265,000 | $ 222,000 |
| Madison County Tennessee | 1 | $ 255,000 | $ 255,000 | $ 213,000 |
| Marion County Tennessee | 1 | $ 295,000 | $ 295,000 | $ 145,000 |
| Rhea County Tennessee | 1 | $ 95,000 | $ 95,000 | $ 36,000 |
| Sullivan County Tennessee | 1 | $ 415,000 | $ 415,000 | $ 85,000 |
| Trousdale County Tennessee | 1 | $ 155,000 | $ 155,000 | $ 48,000 |
| Anderson County Texas | 1 | $ 225,000 | $ 225,000 | $ 117,000 |
| Austin County Texas | 1 | $ 205,000 | $ 205,000 | $ 0 |
| Burleson County Texas | 1 | $ 225,000 | $ 225,000 | $ 184,000 |
| Caldwell County Texas | 1 | $ 155,000 | $ 155,000 | $ 246,000 |
| Camp County Texas | 1 | $ 255,000 | $ 255,000 | $ 0 |
| Fayette County Texas | 1 | $ 515,000 | $ 515,000 | $ 34,000 |
| Franklin County Texas | 1 | $ 365,000 | $ 365,000 | $ 142,000 |
| Galveston County Texas | 1 | $ 475,000 | $ 475,000 | $ 160,000 |
| Hardin County Texas | 1 | $ 185,000 | $ 185,000 | $ 110,000 |
| Hidalgo County Texas | 1 | $ 155,000 | $ 155,000 | $ 175,000 |
| Hood County Texas | 1 | $ 425,000 | $ 425,000 | $ 247,000 |
| Madison County Texas | 1 | $ 245,000 | $ 245,000 | $ 78,000 |
| Nacogdoches County Texas | 1 | $ 515,000 | $ 515,000 | $ 191,000 |
| Nueces County Texas | 1 | $ 515,000 | $ 515,000 | $ 216,000 |
| Palo Pinto County Texas | 1 | $ 155,000 | $ 155,000 | $ 83,000 |
| Rains County Texas | 1 | $ 125,000 | $ 125,000 | $ 61,000 |
| Randall County Texas | 1 | $ 185,000 | $ 185,000 | $ 57,000 |
| Red River County Texas | 1 | $ 135,000 | $ 135,000 | $ 70,000 |
| Robertson County Texas | 1 | $ 205,000 | $ 205,000 | $ 117,000 |
| San Patricio County Texas | 1 | $ 175,000 | $ 175,000 | $ 73,000 |
| Taylor County Texas | 1 | $ 195,000 | $ 195,000 | $ 103,000 |
| Titus County Texas | 1 | $ 205,000 | $ 205,000 | $ 47,000 |
| Walker County Texas | 1 | $ 155,000 | $ 155,000 | $ 148,000 |
| Summit County Utah | 1 | $ 305,000 | $ 305,000 | $ 114,000 |
| Weber County Utah | 1 | $ 455,000 | $ 455,000 | $ 115,000 |
| Albemarle County Virginia | 1 | $ 135,000 | $ 135,000 | $ 86,000 |
| Alexandria County Virginia | 1 | $ 625,000 | $ 625,000 | $ 165,000 |
| Augusta County Virginia | 1 | $ 215,000 | $ 215,000 | $ 72,000 |
| Bristol County Virginia | 1 | $ 65,000 | $ 65,000 | $ 30,000 |
| Nelson County Virginia | 1 | $ 375,000 | $ 375,000 | $ 233,000 |
| Norfolk County Virginia | 1 | $ 215,000 | $ 215,000 | $ 0 |
| Portsmouth County Virginia | 1 | $ 115,000 | $ 115,000 | $ 34,000 |
| Prince William County Virginia | 1 | $ 415,000 | $ 415,000 | $ 110,000 |
| Richmond City County Virginia | 1 | $ 235,000 | $ 235,000 | $ 229,000 |
| Westmoreland County Virginia | 1 | $ 185,000 | $ 185,000 | $ 34,000 |
| Chelan County Washington | 1 | $ 275,000 | $ 275,000 | $ 71,000 |
| Klickitat County Washington | 1 | $ 375,000 | $ 375,000 | $ 0 |
| Okanogan County Washington | 1 | $ 205,000 | $ 205,000 | $ 107,000 |
| Pacific County Washington | 1 | $ 235,000 | $ 235,000 | $ 117,000 |
| Pend Oreille County Washington | 1 | $ 175,000 | $ 175,000 | $ 47,000 |
| San Juan County Washington | 1 | $ 515,000 | $ 515,000 | $ 277,000 |
| Barron County Wisconsin | 1 | $ 155,000 | $ 155,000 | $ 62,000 |
| Jefferson County Wisconsin | 1 | $ 405,000 | $ 405,000 | $ 489,000 |
| Milwaukee County Wisconsin | 1 | $ 585,000 | $ 585,000 | $ 144,000 |
| Sawyer County Wisconsin | 1 | $ 235,000 | $ 235,000 | $ 132,000 |
| Vilas County Wisconsin | 1 | $ 285,000 | $ 285,000 | $ 1,166,000 |
| Fremont County Wyoming | 1 | $ 355,000 | $ 355,000 | $ 92,000 |
| Teton County Wyoming | 1 | $ 195,000 | $ 195,000 | $ 84,000 |
| Uinta County Wyoming | 1 | $ 195,000 | $ 195,000 | $ 80,000 |
The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category,
the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of California,
and search the same numbers and information back through 2003.
Mortgage Loan Application Detail Totals for Summit Funding, Inc. 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 | 17,862 | $5,153,630,000 | $288,000 | $1,965,000 | $102,000 | $3,673,000 |
| Refinancing | 10,406 | $3,345,860,000 | $321,000 | $2,565,000 | $127,000 | $2,100,000 |
| Cash-out Refinancing | 3,965 | $1,209,955,000 | $305,000 | $1,485,000 | $110,000 | $1,388,000 |
| Other Purpose | 110 | $27,780,000 | $252,000 | $765,000 | $137,000 | $1,502,000 |
| Not Applicable | 1 | $525,000 | $525,000 | $525,000 | $0 | $0 |
| Home Improvement | 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 | 21,691 | $6,564,085,000 | $302,000 | $2,565,000 | $115,000 | $3,673,000 |
| Hispanic | 4,563 | $1,257,695,000 | $275,000 | $1,555,000 | $92,000 | $696,000 |
| Not Provided | 2,663 | $879,755,000 | $330,000 | $1,745,000 | $119,000 | $1,502,000 |
| Black or African American | 1,770 | $445,300,000 | $251,000 | $995,000 | $88,000 | $1,187,000 |
| Asian | 1,304 | $473,210,000 | $362,000 | $1,655,000 | $129,000 | $857,000 |
| American Indian or Alaskan Native | 159 | $44,935,000 | $282,000 | $895,000 | $94,000 | $385,000 |
| Native Hawaiian or Other Pacific Islander | 78 | $28,260,000 | $362,000 | $765,000 | $125,000 | $435,000 |
| 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) | 24,646 | $7,513,530,000 | $304,000 | $2,565,000 | $120,000 | $3,673,000 |
| FHA-insured (Federal Housing Administration) | 5,055 | $1,342,215,000 | $265,000 | $915,000 | $77,000 | $1,187,000 |
| VA-guaranteed (Veterans Administration) | 2,175 | $789,955,000 | $363,000 | $1,605,000 | $93,000 | $1,082,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 468 | $92,050,000 | $196,000 | $515,000 | $57,000 | $213,000 |
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 | 25,437 | $7,709,485,000 | $303,000 | $1,895,000 | $111,000 | $3,673,000 |
| Application Withdrawn By Applicant | 5,480 | $1,614,380,000 | $294,000 | $2,565,000 | $113,000 | $1,388,000 |
| Application Denied By Financial Institution | 1,152 | $326,150,000 | $283,000 | $1,835,000 | $101,000 | $2,100,000 |
| Application Approved But Not Accepted | 233 | $74,645,000 | $320,000 | $1,965,000 | $115,000 | $502,000 |
| File Closed For Incompleteness | 37 | $11,305,000 | $305,000 | $845,000 | $93,000 | $238,000 |
| Loan Purchased By The Institution | 5 | $1,785,000 | $357,000 | $525,000 | $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 |
|---|---|---|---|---|---|---|
| Not applicable | 31,192 | $9,411,600,000 | $301,000 | $2,565,000 | $111,000 | $3,673,000 |
| Collateral | 460 | $129,810,000 | $282,000 | $1,085,000 | $109,000 | $2,100,000 |
| Debt-To-Income Ratio | 235 | $65,215,000 | $277,000 | $1,125,000 | $85,000 | $1,502,000 |
| Other | 143 | $40,735,000 | $284,000 | $1,835,000 | $98,000 | $585,000 |
| Credit History | 120 | $35,720,000 | $297,000 | $1,235,000 | $114,000 | $1,187,000 |
| Unverifiable Information | 61 | $19,685,000 | $322,000 | $1,365,000 | $112,000 | $582,000 |
| Employment History | 48 | $10,960,000 | $228,000 | $495,000 | $74,000 | $286,000 |
| Credit Application Incomplete | 47 | $14,505,000 | $308,000 | $1,305,000 | $109,000 | $448,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 38 | $9,520,000 | $250,000 | $765,000 | $87,000 | $231,000 |
| Mortgage Insurance Denied | 0 | $0 | $0 | $0 | $0 | $0 |
These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in CA, and gives you an idea of what the best mortgage lenders really are.
If you prefer, you can download a copy of the entire list of mortgage lenders in California, and search similar information at your convenience.