Summit Funding.Inc Mortgage Lending & HMDA Data, 2020

In 2020, Summit Funding.Inc of Sacramento, CA reported 32,344 mortgage applications totaling $9.7 billion, up 60% from 2019. The average application was for $301,068, and applicants reported an average income of $111,143. 79% of its applications resulted in an originated loan and 4% were denied. Its largest markets were Sacramento--Roseville--Arden-Arcade, CA (2,313), Stockton-Lodi, CA (1,675) and Warren-Troy-Farmington Hills, MI (1,523) (applications in parentheses).

Mortgage Company & Address Summit Funding.Inc
2135 Butano Drive Suite 150
Sacramento, CA 95825
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  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 $301,068
Highest Mortgage Loan Application Amount $2,565,000
Average Applicant Income $111,143
Highest Applicant Income $3,673,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Summit Funding.Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Summit Funding.Inc 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 Joaquin, California 1,675 $ 522,615,000 $ 312,008 $ 116,000
Sacramento, California 1,519 $ 456,055,000 $ 300,233 $ 106,000
Lane, Oregon 1,484 $ 439,830,000 $ 296,381 $ 102,000
San Diego, California 1,137 $ 548,925,000 $ 482,783 $ 150,000
Pima, Arizona 1,068 $ 222,870,000 $ 208,679 $ 84,000
Butte, California 1,043 $ 323,225,000 $ 309,899 $ 113,000
Cook, Illinois 1,028 $ 367,490,000 $ 357,480 $ 159,000
Maricopa, Arizona 985 $ 260,805,000 $ 264,776 $ 98,000
Oakland, Michigan 974 $ 230,840,000 $ 237,002 $ 104,000
Contra Costa, California 904 $ 416,750,000 $ 461,006 $ 150,000
Washoe, Nevada 780 $ 224,030,000 $ 287,217 $ 101,000
Dallas, Texas 710 $ 242,890,000 $ 342,098 $ 149,000
Sonoma, California 707 $ 331,325,000 $ 468,635 $ 138,000
Riverside, California 657 $ 199,755,000 $ 304,041 $ 109,000
Benton, Washington 588 $ 128,970,000 $ 219,336 $ 95,000
Placer, California 537 $ 215,525,000 $ 401,350 $ 138,000
Monterey, California 489 $ 210,025,000 $ 429,498 $ 146,000
Mecklenburg, North Carolina 466 $ 122,620,000 $ 263,133 $ 107,000
Ada, Idaho 465 $ 130,735,000 $ 281,150 $ 101,000
Wayne, Michigan 443 $ 76,865,000 $ 173,510 $ 76,000
Alameda, California 403 $ 231,425,000 $ 574,255 $ 179,000
Macomb, Michigan 403 $ 82,635,000 $ 205,049 $ 79,000
Solano, California 366 $ 129,080,000 $ 352,677 $ 120,000
Stanislaus, California 362 $ 90,790,000 $ 250,801 $ 99,000
Los Angeles, California 346 $ 157,940,000 $ 456,473 $ 134,000
San Bernardino, California 302 $ 80,640,000 $ 267,019 $ 102,000
Merced, California 283 $ 76,505,000 $ 270,335 $ 98,000
Jackson, Missouri 280 $ 54,760,000 $ 195,571 $ 80,000
Shasta, California 237 $ 61,705,000 $ 260,358 $ 101,000
Deschutes, Oregon 236 $ 82,280,000 $ 348,644 $ 132,000
Canyon, Idaho 234 $ 46,200,000 $ 197,435 $ 73,000
Lewis, Washington 232 $ 60,750,000 $ 261,853 $ 87,000
Franklin, Washington 222 $ 46,890,000 $ 211,216 $ 83,000
Humboldt, California 216 $ 66,420,000 $ 307,500 $ 111,000
Spokane, Washington 213 $ 46,545,000 $ 218,521 $ 72,000
Davidson, Tennessee 210 $ 58,180,000 $ 277,047 $ 93,000
Lyon, Nevada 209 $ 47,205,000 $ 225,861 $ 78,000
Kern, California 203 $ 42,725,000 $ 210,467 $ 104,000
Collin, Texas 202 $ 66,720,000 $ 330,297 $ 138,000
Hamilton, Ohio 196 $ 35,750,000 $ 182,397 $ 71,000
Plumas, California 165 $ 39,045,000 $ 236,636 $ 115,000
Fresno, California 164 $ 47,360,000 $ 288,780 $ 146,000
Hamilton, Tennessee 158 $ 34,840,000 $ 220,506 $ 98,000
Tehama, California 150 $ 37,800,000 $ 252,000 $ 100,000
Iredell, North Carolina 142 $ 41,650,000 $ 293,309 $ 99,000
Clermont, Ohio 138 $ 24,020,000 $ 174,057 $ 65,000
El Dorado, California 134 $ 48,040,000 $ 358,507 $ 138,000
East Baton Rouge, Louisiana 124 $ 19,900,000 $ 160,483 $ 59,000
Yolo, California 123 $ 42,825,000 $ 348,170 $ 134,000
Denton, Texas 121 $ 35,335,000 $ 292,024 $ 118,000
Travis, Texas 118 $ 42,700,000 $ 361,864 $ 151,000
Del Norte, California 117 $ 30,525,000 $ 260,897 $ 108,000
Cabarrus, North Carolina 116 $ 27,560,000 $ 237,586 $ 87,000
Pinal, Arizona 115 $ 23,015,000 $ 200,130 $ 73,000
Tarrant, Texas 113 $ 30,115,000 $ 266,504 $ 112,000
Bannock, Idaho 112 $ 17,450,000 $ 155,803 $ 64,000
Latah, Idaho 111 $ 24,025,000 $ 216,441 $ 86,000
Orange, California 109 $ 53,385,000 $ 489,770 $ 158,000
Nez Perce, Idaho 105 $ 20,895,000 $ 199,000 $ 75,000
Douglas, Oregon 105 $ 25,515,000 $ 243,000 $ 68,000
Lassen, California 103 $ 21,285,000 $ 206,650 $ 86,000
Multnomah, Oregon 103 $ 33,595,000 $ 326,165 $ 120,000
Arapahoe, Colorado 102 $ 29,130,000 $ 285,588 $ 97,000
Calaveras, California 99 $ 29,075,000 $ 293,686 $ 121,000
Santa Clara, California 99 $ 51,875,000 $ 523,989 $ 167,000
Genesee, Michigan 96 $ 16,470,000 $ 171,562 $ 71,000
Yuba, California 95 $ 25,185,000 $ 265,105 $ 84,000
Sumner, Tennessee 94 $ 23,980,000 $ 255,106 $ 88,000
St. Tammany, Louisiana 93 $ 20,565,000 $ 221,129 $ 87,000
Brown, Ohio 88 $ 13,650,000 $ 155,113 $ 56,000
Bonneville, Idaho 82 $ 14,640,000 $ 178,536 $ 64,000
Santa Cruz, California 80 $ 39,360,000 $ 492,000 $ 170,000
Walker, Georgia 80 $ 13,350,000 $ 166,875 $ 64,000
Livingston, Michigan 76 $ 21,400,000 $ 281,578 $ 108,000
Butler, Ohio 76 $ 14,600,000 $ 192,105 $ 69,000
San Benito, California 74 $ 35,180,000 $ 475,405 $ 126,000
York, South Carolina 74 $ 18,060,000 $ 244,054 $ 80,000
Jackson, Oregon 73 $ 21,265,000 $ 291,301 $ 113,000
Klamath, Oregon 73 $ 16,355,000 $ 224,041 $ 89,000
Williamson, Tennessee 70 $ 26,320,000 $ 376,000 $ 136,000
Honolulu, Hawaii 69 $ 34,475,000 $ 499,637 $ 192,000
Clackamas, Oregon 69 $ 26,135,000 $ 378,768 $ 132,000
Washington, Oregon 69 $ 23,685,000 $ 343,260 $ 113,000
Marin, California 67 $ 41,585,000 $ 620,671 $ 194,000
Bingham, Idaho 67 $ 12,005,000 $ 179,179 $ 72,000
Linn, Oregon 67 $ 19,315,000 $ 288,283 $ 79,000
DuPage, Illinois 65 $ 25,135,000 $ 386,692 $ 170,000
Catoosa, Georgia 63 $ 11,175,000 $ 177,380 $ 71,000
Douglas, Colorado 61 $ 22,985,000 $ 376,803 $ 138,000
Jefferson, Colorado 61 $ 19,755,000 $ 323,852 $ 111,000
Ascension, Louisiana 61 $ 13,605,000 $ 223,032 $ 81,000
Denver, Colorado 59 $ 17,445,000 $ 295,677 $ 100,000
Glenn, California 58 $ 13,940,000 $ 240,344 $ 89,000
Churchill, Nevada 58 $ 12,380,000 $ 213,448 $ 87,000
Washtenaw, Michigan 57 $ 14,225,000 $ 249,561 $ 120,000
Cass, Missouri 57 $ 13,985,000 $ 245,350 $ 97,000
Adams, Colorado 56 $ 15,280,000 $ 272,857 $ 85,000
Gaston, North Carolina 56 $ 12,420,000 $ 221,785 $ 89,000
Kootenai, Idaho 55 $ 16,455,000 $ 299,181 $ 113,000
Lake, Illinois 52 $ 17,050,000 $ 327,884 $ 144,000
Napa, California 49 $ 23,435,000 $ 478,265 $ 146,000
Island, Washington 48 $ 12,590,000 $ 262,291 $ 98,000
San Mateo, California 47 $ 27,235,000 $ 579,468 $ 181,000
Lincoln, North Carolina 46 $ 13,160,000 $ 286,086 $ 112,000
Rutherford, Tennessee 46 $ 10,270,000 $ 223,260 $ 85,000
Kaufman, Texas 46 $ 11,260,000 $ 244,782 $ 103,000
Orleans, Louisiana 45 $ 7,885,000 $ 175,222 $ 74,000
Tangipahoa, Louisiana 45 $ 8,205,000 $ 182,333 $ 73,000
Amador, California 41 $ 11,265,000 $ 274,756 $ 104,000
Lake, California 41 $ 10,735,000 $ 261,829 $ 107,000
St. Clair, Michigan 41 $ 8,095,000 $ 197,439 $ 95,000
Wilson, Tennessee 41 $ 11,825,000 $ 288,414 $ 82,000
Asotin, Washington 41 $ 7,835,000 $ 191,097 $ 72,000
Clark, Nevada 40 $ 11,710,000 $ 292,750 $ 87,000
Catawba, North Carolina 40 $ 10,110,000 $ 252,750 $ 93,000
Harris, Texas 40 $ 9,820,000 $ 245,500 $ 113,000
San Francisco, California 39 $ 25,515,000 $ 654,230 $ 241,000
San Luis Obispo, California 39 $ 15,985,000 $ 409,871 $ 164,000
Rowan, North Carolina 39 $ 6,855,000 $ 175,769 $ 64,000
Rockwall, Texas 39 $ 11,755,000 $ 301,410 $ 125,000
Clay, Missouri 38 $ 7,520,000 $ 197,894 $ 69,000
Nevada, California 37 $ 13,475,000 $ 364,189 $ 153,000
Union, North Carolina 37 $ 9,785,000 $ 264,459 $ 103,000
Livingston, Louisiana 35 $ 6,115,000 $ 174,714 $ 54,000
Bradley, Tennessee 35 $ 5,695,000 $ 162,714 $ 59,000
Yakima, Washington 35 $ 6,145,000 $ 175,571 $ 71,000
Sutter, California 34 $ 7,230,000 $ 212,647 $ 116,000
Clatsop, Oregon 33 $ 11,205,000 $ 339,545 $ 163,000
Maury, Tennessee 33 $ 6,755,000 $ 204,696 $ 66,000
Williamson, Texas 33 $ 8,415,000 $ 255,000 $ 126,000
Tulare, California 32 $ 7,380,000 $ 230,625 $ 90,000
Will, Illinois 32 $ 8,870,000 $ 277,187 $ 140,000
Ventura, California 31 $ 12,985,000 $ 418,870 $ 128,000
Monroe, Michigan 31 $ 4,815,000 $ 155,322 $ 68,000
Warren, Ohio 31 $ 6,745,000 $ 217,580 $ 90,000
Baker, Oregon 31 $ 6,015,000 $ 194,032 $ 77,000
Teton, Idaho 29 $ 9,335,000 $ 321,896 $ 74,000
Jefferson, Louisiana 29 $ 5,485,000 $ 189,137 $ 66,000
Lapeer, Michigan 29 $ 7,155,000 $ 246,724 $ 95,000
Tillamook, Oregon 29 $ 8,955,000 $ 308,793 $ 153,000
Ellis, Texas 28 $ 6,690,000 $ 238,928 $ 88,000
Hunt, Texas 28 $ 7,400,000 $ 264,285 $ 110,000
Madera, California 27 $ 7,365,000 $ 272,777 $ 127,000
Mendocino, California 26 $ 9,810,000 $ 377,307 $ 153,000
Thurston, Washington 26 $ 6,890,000 $ 265,000 $ 83,000
Tuolumne, California 25 $ 5,715,000 $ 228,600 $ 99,000
Trinity, California 24 $ 6,210,000 $ 258,750 $ 112,000
Carson City, Nevada 24 $ 6,360,000 $ 265,000 $ 87,000
Boone, Kentucky 22 $ 4,360,000 $ 198,181 $ 103,000
Kenton, Kentucky 22 $ 3,290,000 $ 149,545 $ 63,000
White Pine, Nevada 22 $ 3,190,000 $ 145,000 $ 87,000
Josephine, Oregon 22 $ 6,210,000 $ 282,272 $ 80,000
Johnson, Kansas 21 $ 5,135,000 $ 244,523 $ 129,000
Curry, Oregon 21 $ 5,935,000 $ 282,619 $ 78,000
Grant, Washington 21 $ 2,795,000 $ 133,095 $ 73,000
Montgomery, Ohio 20 $ 2,720,000 $ 136,000 $ 64,000
Benton, Oregon 20 $ 6,070,000 $ 303,500 $ 98,000
Marion, Oregon 20 $ 6,140,000 $ 307,000 $ 88,000
Mohave, Arizona 19 $ 3,945,000 $ 207,631 $ 96,000
Modoc, California 19 $ 2,455,000 $ 129,210 $ 57,000
Fulton, Georgia 19 $ 2,965,000 $ 156,052 $ 76,000
Douglas, Nevada 19 $ 8,355,000 $ 439,736 $ 147,000
Spartanburg, South Carolina 19 $ 3,765,000 $ 198,157 $ 79,000
Whitman, Washington 19 $ 4,695,000 $ 247,105 $ 84,000
Yavapai, Arizona 18 $ 5,030,000 $ 279,444 $ 76,000
Santa Barbara, California 18 $ 6,220,000 $ 345,555 $ 129,000
Montgomery, Tennessee 18 $ 3,550,000 $ 197,222 $ 60,000
Clark, Washington 18 $ 5,990,000 $ 332,777 $ 111,000
Kauai, Hawaii 16 $ 9,560,000 $ 597,500 $ 237,000
Idaho, Idaho 16 $ 2,720,000 $ 170,000 $ 77,000
Stanly, North Carolina 16 $ 3,480,000 $ 217,500 $ 50,000
Yamhill, Oregon 16 $ 4,050,000 $ 253,125 $ 66,000
Walla Walla, Washington 16 $ 3,000,000 $ 187,500 $ 77,000
Weld, Colorado 15 $ 3,895,000 $ 259,666 $ 92,000
Boise, Idaho 15 $ 2,975,000 $ 198,333 $ 63,000
Lancaster, South Carolina 15 $ 4,035,000 $ 269,000 $ 95,000
Hays, Texas 15 $ 5,175,000 $ 345,000 $ 142,000
Colusa, California 14 $ 3,210,000 $ 229,285 $ 82,000
Elmore, Idaho 14 $ 1,910,000 $ 136,428 $ 73,000
Polk, Oregon 14 $ 4,770,000 $ 340,714 $ 110,000
Cochise, Arizona 13 $ 1,995,000 $ 153,461 $ 52,000
Siskiyou, California 13 $ 3,125,000 $ 240,384 $ 115,000
Coos, Oregon 13 $ 2,535,000 $ 195,000 $ 75,000
Jefferson, Oregon 13 $ 4,005,000 $ 308,076 $ 116,000
Dickson, Tennessee 13 $ 2,665,000 $ 205,000 $ 74,000
Pierce, Washington 13 $ 3,795,000 $ 291,923 $ 85,000
Cobb, Georgia 12 $ 2,600,000 $ 216,666 $ 75,000
Power, Idaho 12 $ 1,470,000 $ 122,500 $ 77,000
Brunswick, North Carolina 12 $ 3,390,000 $ 282,500 $ 114,000
Wake, North Carolina 12 $ 4,030,000 $ 335,833 $ 154,000
Anderson, South Carolina 12 $ 2,660,000 $ 221,666 $ 93,000
Cheatham, Tennessee 12 $ 2,780,000 $ 231,666 $ 85,000
King, Washington 12 $ 4,430,000 $ 369,166 $ 174,000
Stevens, Washington 12 $ 2,800,000 $ 233,333 $ 171,000
Coconino, Arizona 11 $ 3,415,000 $ 310,454 $ 112,000
Navajo, Arizona 11 $ 2,935,000 $ 266,818 $ 125,000
El Paso, Colorado 11 $ 3,365,000 $ 305,909 $ 181,000
Whitfield, Georgia 11 $ 2,465,000 $ 224,090 $ 97,000
Jefferson, Idaho 11 $ 1,745,000 $ 158,636 $ 61,000
Payette, Idaho 11 $ 3,295,000 $ 299,545 $ 77,000
St. John the Baptist, Louisiana 11 $ 1,615,000 $ 146,818 $ 48,000
Storey, Nevada 11 $ 2,755,000 $ 250,454 $ 75,000
Coffee, Tennessee 11 $ 1,835,000 $ 166,818 $ 68,000
Henderson, Texas 11 $ 2,495,000 $ 226,818 $ 101,000
Montgomery, Texas 11 $ 2,855,000 $ 259,545 $ 155,000
Santa Cruz, Arizona 10 $ 1,480,000 $ 148,000 $ 70,000
McHenry, Illinois 10 $ 2,440,000 $ 244,000 $ 97,000
Dearborn, Indiana 10 $ 1,900,000 $ 190,000 $ 71,000
Platte, Missouri 10 $ 1,460,000 $ 146,000 $ 75,000
Elko, Nevada 10 $ 1,940,000 $ 194,000 $ 78,000
Crook, Oregon 10 $ 3,530,000 $ 353,000 $ 140,000
Lawrence, Tennessee 10 $ 1,440,000 $ 144,000 $ 46,000
Robertson, Tennessee 10 $ 2,220,000 $ 222,000 $ 88,000
Bell, Texas 10 $ 1,620,000 $ 162,000 $ 183,000
Kings, California 9 $ 2,725,000 $ 302,777 $ 121,000
Clearwater, Idaho 9 $ 1,395,000 $ 155,000 $ 60,000
Gem, Idaho 9 $ 1,535,000 $ 170,555 $ 61,000
Campbell, Kentucky 9 $ 1,355,000 $ 150,555 $ 59,000
Iberville, Louisiana 9 $ 1,095,000 $ 121,666 $ 48,000
West Baton Rouge, Louisiana 9 $ 1,515,000 $ 168,333 $ 59,000
Ingham, Michigan 9 $ 1,675,000 $ 186,111 $ 77,000
Mineral, Nevada 9 $ 805,000 $ 89,444 $ 55,000
Adams, Ohio 9 $ 1,305,000 $ 145,000 $ 65,000
Lincoln, Oregon 9 $ 1,915,000 $ 212,777 $ 116,000
Mariposa, California 8 $ 1,350,000 $ 168,750 $ 87,000
Sierra, California 8 $ 1,480,000 $ 185,000 $ 65,000
Valley, Idaho 8 $ 2,310,000 $ 288,750 $ 245,000
Kane, Illinois 8 $ 2,800,000 $ 350,000 $ 153,000
Lake, Indiana 8 $ 2,000,000 $ 250,000 $ 197,000
St. Bernard, Louisiana 8 $ 1,640,000 $ 205,000 $ 91,000
Alexander, North Carolina 8 $ 1,220,000 $ 152,500 $ 47,000
Bedford, Tennessee 8 $ 930,000 $ 116,250 $ 70,000
Johnson, Texas 8 $ 1,880,000 $ 235,000 $ 89,000
Skagit, Washington 8 $ 2,030,000 $ 253,750 $ 88,000
Snohomish, Washington 8 $ 3,330,000 $ 416,250 $ 131,000
Gila, Arizona 7 $ 1,525,000 $ 217,857 $ 90,000
Coweta, Georgia 7 $ 1,165,000 $ 166,428 $ 64,000
DeKalb, Georgia 7 $ 1,695,000 $ 242,142 $ 73,000
Bonner, Idaho 7 $ 1,955,000 $ 279,285 $ 96,000
Madison, Idaho 7 $ 1,325,000 $ 189,285 $ 58,000
Tuscola, Michigan 7 $ 1,055,000 $ 150,714 $ 76,000
Johnson, Missouri 7 $ 1,165,000 $ 166,428 $ 56,000
Burke, North Carolina 7 $ 815,000 $ 116,428 $ 44,000
Cleveland, North Carolina 7 $ 1,245,000 $ 177,857 $ 80,000
Umatilla, Oregon 7 $ 1,565,000 $ 223,571 $ 85,000
Bexar, Texas 7 $ 1,965,000 $ 280,714 $ 130,000
Liberty, Texas 7 $ 1,755,000 $ 250,714 $ 98,000
Parker, Texas 7 $ 2,455,000 $ 350,714 $ 144,000
Imperial, California 6 $ 1,410,000 $ 235,000 $ 99,000
Boulder, Colorado 6 $ 2,580,000 $ 430,000 $ 151,000
Kent, Michigan 6 $ 1,370,000 $ 228,333 $ 126,000
Saginaw, Michigan 6 $ 1,080,000 $ 180,000 $ 77,000
Humboldt, Nevada 6 $ 1,280,000 $ 213,333 $ 72,000
Pershing, Nevada 6 $ 860,000 $ 143,333 $ 91,000
Highland, Ohio 6 $ 1,040,000 $ 173,333 $ 60,000
Summit, Ohio 6 $ 1,900,000 $ 316,666 $ 160,000
Wasco, Oregon 6 $ 1,730,000 $ 288,333 $ 85,000
Beaufort, South Carolina 6 $ 1,820,000 $ 303,333 $ 84,000
Marshall, Tennessee 6 $ 1,270,000 $ 211,666 $ 75,000
Burnet, Texas 6 $ 1,810,000 $ 301,666 $ 133,000
Smith, Texas 6 $ 1,500,000 $ 250,000 $ 146,000
Salt Lake, Utah 6 $ 1,570,000 $ 261,666 $ 76,000
Adams, Washington 6 $ 720,000 $ 120,000 $ 57,000
Garfield, Washington 6 $ 830,000 $ 138,333 $ 70,000
Grays Harbor, Washington 6 $ 1,130,000 $ 188,333 $ 59,000
Madison, Alabama 5 $ 1,205,000 $ 241,000 $ 90,000
Broward, Florida 5 $ 1,125,000 $ 225,000 $ 55,000
Gwinnett, Georgia 5 $ 1,805,000 $ 361,000 $ 77,000
Franklin, Idaho 5 $ 965,000 $ 193,000 $ 50,000
Wyandotte, Kansas 5 $ 865,000 $ 173,000 $ 85,000
Christian, Kentucky 5 $ 705,000 $ 141,000 $ 39,000
Bay, Michigan 5 $ 605,000 $ 121,000 $ 79,000
Huron, Michigan 5 $ 725,000 $ 145,000 $ 72,000
Jackson, Michigan 5 $ 965,000 $ 193,000 $ 72,000
Ogemaw, Michigan 5 $ 1,075,000 $ 215,000 $ 150,000
Roscommon, Michigan 5 $ 645,000 $ 129,000 $ 76,000
Sanilac, Michigan 5 $ 615,000 $ 123,000 $ 115,000
Buncombe, North Carolina 5 $ 1,315,000 $ 263,000 $ 92,000
Caldwell, North Carolina 5 $ 735,000 $ 147,000 $ 53,000
Forsyth, North Carolina 5 $ 825,000 $ 165,000 $ 73,000
Guilford, North Carolina 5 $ 1,095,000 $ 219,000 $ 78,000
Franklin, Ohio 5 $ 915,000 $ 183,000 $ 94,000
Lucas, Ohio 5 $ 705,000 $ 141,000 $ 79,000
Miami, Ohio 5 $ 1,145,000 $ 229,000 $ 67,000
Columbia, Oregon 5 $ 1,265,000 $ 253,000 $ 89,000
Union, Oregon 5 $ 1,045,000 $ 209,000 $ 63,000
Wallowa, Oregon 5 $ 1,115,000 $ 223,000 $ 54,000
Anderson, Tennessee 5 $ 1,195,000 $ 239,000 $ 53,000
Knox, Tennessee 5 $ 1,135,000 $ 227,000 $ 55,000
Putnam, Tennessee 5 $ 1,145,000 $ 229,000 $ 55,000
Shelby, Tennessee 5 $ 955,000 $ 191,000 $ 202,000
Smith, Tennessee 5 $ 575,000 $ 115,000 $ 44,000
Brazos, Texas 5 $ 1,455,000 $ 291,000 $ 128,000
Fannin, Texas 5 $ 895,000 $ 179,000 $ 67,000
Van Zandt, Texas 5 $ 1,285,000 $ 257,000 $ 92,000
Wise, Texas 5 $ 1,135,000 $ 227,000 $ 100,000
Whatcom, Washington 5 $ 1,575,000 $ 315,000 $ 110,000
Tuscaloosa, Alabama 4 $ 820,000 $ 205,000 $ 81,000
Mono, California 4 $ 1,310,000 $ 327,500 $ 198,000
Routt, Colorado 4 $ 1,280,000 $ 320,000 $ 116,000
Hillsborough, Florida 4 $ 1,170,000 $ 292,500 $ 129,000
Orange, Florida 4 $ 880,000 $ 220,000 $ 100,000
Fannin, Georgia 4 $ 1,500,000 $ 375,000 $ 124,000
Hawaii, Hawaii 4 $ 2,080,000 $ 520,000 $ 200,000
Maui, Hawaii 4 $ 2,340,000 $ 585,000 $ 46,000
Blaine, Idaho 4 $ 1,720,000 $ 430,000 $ 205,000
Caribou, Idaho 4 $ 540,000 $ 135,000 $ 60,000
Fremont, Idaho 4 $ 470,000 $ 117,500 $ 37,000
Lewis, Idaho 4 $ 560,000 $ 140,000 $ 66,000
Oneida, Idaho 4 $ 1,280,000 $ 320,000 $ 83,000
Jo Daviess, Illinois 4 $ 800,000 $ 200,000 $ 304,000
Polk, Iowa 4 $ 570,000 $ 142,500 $ 65,000
St. Charles, Louisiana 4 $ 820,000 $ 205,000 $ 103,000
Antrim, Michigan 4 $ 1,690,000 $ 422,500 $ 173,000
Grand Traverse, Michigan 4 $ 1,210,000 $ 302,500 $ 177,000
Lenawee, Michigan 4 $ 840,000 $ 210,000 $ 80,000
St. Charles, Missouri 4 $ 1,160,000 $ 290,000 $ 98,000
Anson, North Carolina 4 $ 510,000 $ 127,500 $ 63,000
Greene, Ohio 4 $ 880,000 $ 220,000 $ 81,000
Tulsa, Oklahoma 4 $ 910,000 $ 227,500 $ 114,000
Hood River, Oregon 4 $ 1,550,000 $ 387,500 $ 101,000
Richland, South Carolina 4 $ 450,000 $ 112,500 $ 100,000
Franklin, Tennessee 4 $ 610,000 $ 152,500 $ 29,000
Sequatchie, Tennessee 4 $ 1,190,000 $ 297,500 $ 105,000
El Paso, Texas 4 $ 630,000 $ 157,500 $ 70,000
Erath, Texas 4 $ 690,000 $ 172,500 $ 82,000
Guadalupe, Texas 4 $ 1,020,000 $ 255,000 $ 77,000
Lubbock, Texas 4 $ 860,000 $ 215,000 $ 139,000
McLennan, Texas 4 $ 1,010,000 $ 252,500 $ 196,000
Newport News, Virginia 4 $ 200,000 $ 50,000 $ 63,000
Suffolk, Virginia 4 $ 680,000 $ 170,000 $ 68,000
Virginia Beach, Virginia 4 $ 1,020,000 $ 255,000 $ 76,000
Cowlitz, Washington 4 $ 1,060,000 $ 265,000 $ 81,000
Kittitas, Washington 4 $ 800,000 $ 200,000 $ 62,000
Lincoln, Washington 4 $ 580,000 $ 145,000 $ 66,000
Mason, Washington 4 $ 910,000 $ 227,500 $ 53,000
Walworth, Wisconsin 4 $ 1,250,000 $ 312,500 $ 300,000
Jackson, Alabama 3 $ 435,000 $ 145,000 $ 64,000
La Plata, Colorado 3 $ 1,575,000 $ 525,000 $ 334,000
Manatee, Florida 3 $ 975,000 $ 325,000 $ 113,000
Pasco, Florida 3 $ 705,000 $ 235,000 $ 99,000
Pinellas, Florida 3 $ 955,000 $ 318,333 $ 267,000
Chattooga, Georgia 3 $ 575,000 $ 191,666 $ 54,000
Dade, Georgia 3 $ 525,000 $ 175,000 $ 134,000
Douglas, Georgia 3 $ 235,000 $ 78,333 $ 65,000
Butte, Idaho 3 $ 435,000 $ 145,000 $ 49,000
Shoshone, Idaho 3 $ 525,000 $ 175,000 $ 67,000
Champaign, Illinois 3 $ 465,000 $ 155,000 $ 32,000
Ripley, Indiana 3 $ 325,000 $ 108,333 $ 45,000
Cerro Gordo, Iowa 3 $ 525,000 $ 175,000 $ 97,000
Berrien, Michigan 3 $ 595,000 $ 198,333 $ 148,000
Eaton, Michigan 3 $ 435,000 $ 145,000 $ 77,000
Lowndes, Mississippi 3 $ 285,000 $ 95,000 $ 41,000
Lafayette, Missouri 3 $ 655,000 $ 218,333 $ 63,000
St. Louis, Missouri 3 $ 1,355,000 $ 451,666 $ 207,000
Nye, Nevada 3 $ 285,000 $ 95,000 $ 59,000
Santa Fe, New Mexico 3 $ 1,265,000 $ 421,666 $ 227,000
Henderson, North Carolina 3 $ 1,135,000 $ 378,333 $ 95,000
New Hanover, North Carolina 3 $ 1,175,000 $ 391,666 $ 148,000
Rutherford, North Carolina 3 $ 635,000 $ 211,666 $ 135,000
Preble, Ohio 3 $ 345,000 $ 115,000 $ 48,000
Dyer, Tennessee 3 $ 165,000 $ 55,000 $ 40,000
Macon, Tennessee 3 $ 325,000 $ 108,333 $ 46,000
McMinn, Tennessee 3 $ 235,000 $ 78,333 $ 33,000
Warren, Tennessee 3 $ 315,000 $ 105,000 $ 36,000
Brazoria, Texas 3 $ 555,000 $ 185,000 $ 112,000
Fort Bend, Texas 3 $ 715,000 $ 238,333 $ 98,000
Grayson, Texas 3 $ 705,000 $ 235,000 $ 125,000
Orange, Texas 3 $ 565,000 $ 188,333 $ 78,000
Polk, Texas 3 $ 1,225,000 $ 408,333 $ 266,000
Fairfax, Virginia 3 $ 2,335,000 $ 778,333 $ 99,000
Columbia, Washington 3 $ 365,000 $ 121,666 $ 50,000
Kitsap, Washington 3 $ 2,045,000 $ 681,666 $ 244,000
Limestone, Alabama 2 $ 590,000 $ 295,000 $ 81,000
Washington, Arkansas 2 $ 540,000 $ 270,000 $ 190,000
Broomfield, Colorado 2 $ 1,060,000 $ 530,000 $ 112,000
Mesa, Colorado 2 $ 610,000 $ 305,000 $ 69,000
Montezuma, Colorado 2 $ 970,000 $ 485,000 $ 356,000
Park, Colorado 2 $ 240,000 $ 120,000 $ 42,000
Charlotte, Florida 2 $ 420,000 $ 210,000 $ 41,000
Duval, Florida 2 $ 290,000 $ 145,000 $ 105,000
Escambia, Florida 2 $ 400,000 $ 200,000 $ 57,000
Lee, Florida 2 $ 250,000 $ 125,000 $ 180,000
Sarasota, Florida 2 $ 740,000 $ 370,000 $ 206,000
Carroll, Georgia 2 $ 360,000 $ 180,000 $ 43,000
Clayton, Georgia 2 $ 250,000 $ 125,000 $ 38,000
Dawson, Georgia 2 $ 640,000 $ 320,000 $ 138,000
Henry, Georgia 2 $ 540,000 $ 270,000 $ 88,000
Jackson, Georgia 2 $ 480,000 $ 240,000 $ 73,000
Lee, Georgia 2 $ 730,000 $ 365,000 $ 218,000
Murray, Georgia 2 $ 340,000 $ 170,000 $ 42,000
Benewah, Idaho 2 $ 390,000 $ 195,000 $ 111,000
Twin Falls, Idaho 2 $ 310,000 $ 155,000 $ 53,000
Washington, Idaho 2 $ 380,000 $ 190,000 $ 43,000
Kendall, Illinois 2 $ 520,000 $ 260,000 $ 148,000
Boone, Indiana 2 $ 800,000 $ 400,000 $ 101,000
Hancock, Indiana 2 $ 560,000 $ 280,000 $ 147,000
Marion, Indiana 2 $ 720,000 $ 360,000 $ 100,000
Johnson, Iowa 2 $ 450,000 $ 225,000 $ 117,000
Page, Iowa 2 $ 470,000 $ 235,000 $ 81,000
Franklin, Kansas 2 $ 350,000 $ 175,000 $ 40,000
Leavenworth, Kansas 2 $ 460,000 $ 230,000 $ 108,000
Linn, Kansas 2 $ 280,000 $ 140,000 $ 35,000
Grant, Kentucky 2 $ 260,000 $ 130,000 $ 46,000
Iberia, Louisiana 2 $ 60,000 $ 30,000 $ 36,000
Pointe Coupee, Louisiana 2 $ 390,000 $ 195,000 $ 65,000
Benzie, Michigan 2 $ 360,000 $ 180,000 $ 73,000
Clare, Michigan 2 $ 210,000 $ 105,000 $ 106,000
Crawford, Michigan 2 $ 400,000 $ 200,000 $ 223,000
Gladwin, Michigan 2 $ 190,000 $ 95,000 $ 95,000
Hillsdale, Michigan 2 $ 560,000 $ 280,000 $ 109,000
Iosco, Michigan 2 $ 300,000 $ 150,000 $ 91,000
Midland, Michigan 2 $ 670,000 $ 335,000 $ 86,000
Blue Earth, Minnesota 2 $ 890,000 $ 445,000 $ 183,000
Greene, Missouri 2 $ 360,000 $ 180,000 $ 130,000
Morgan, Missouri 2 $ 360,000 $ 180,000 $ 155,000
Bernalillo, New Mexico 2 $ 470,000 $ 235,000 $ 121,000
Avery, North Carolina 2 $ 510,000 $ 255,000 $ 142,000
Davidson, North Carolina 2 $ 480,000 $ 240,000 $ 138,000
Davie, North Carolina 2 $ 540,000 $ 270,000 $ 72,000
Harnett, North Carolina 2 $ 470,000 $ 235,000 $ 85,000
Johnston, North Carolina 2 $ 550,000 $ 275,000 $ 91,000
Wilson, North Carolina 2 $ 430,000 $ 215,000 $ 44,000
Malheur, Oregon 2 $ 620,000 $ 310,000 $ 79,000
Horry, South Carolina 2 $ 760,000 $ 380,000 $ 118,000
Chester, Tennessee 2 $ 400,000 $ 200,000 $ 70,000
Henry, Tennessee 2 $ 300,000 $ 150,000 $ 87,000
Monroe, Tennessee 2 $ 320,000 $ 160,000 $ 176,000
Polk, Tennessee 2 $ 450,000 $ 225,000 $ 127,000
Roane, Tennessee 2 $ 620,000 $ 310,000 $ 57,000
Tipton, Tennessee 2 $ 290,000 $ 145,000 $ 57,000
White, Tennessee 2 $ 190,000 $ 95,000 $ 46,000
Bastrop, Texas 2 $ 480,000 $ 240,000 $ 48,000
Cherokee, Texas 2 $ 340,000 $ 170,000 $ 59,000
Comal, Texas 2 $ 660,000 $ 330,000 $ 112,000
Hopkins, Texas 2 $ 600,000 $ 300,000 $ 143,000
Jefferson, Texas 2 $ 290,000 $ 145,000 $ 98,000
Kendall, Texas 2 $ 650,000 $ 325,000 $ 228,000
Lee, Texas 2 $ 510,000 $ 255,000 $ 76,000
Milam, Texas 2 $ 580,000 $ 290,000 $ 112,000
Davis, Utah 2 $ 610,000 $ 305,000 $ 117,000
Utah, Utah 2 $ 590,000 $ 295,000 $ 248,000
Chesapeake, Virginia 2 $ 370,000 $ 185,000 $ 77,000
Clallam, Washington 2 $ 450,000 $ 225,000 $ 136,000
Douglas, Washington 2 $ 760,000 $ 380,000 $ 80,000
Skamania, Washington 2 $ 670,000 $ 335,000 $ 65,000
Dane, Wisconsin 2 $ 830,000 $ 415,000 $ 196,000
Green Lake, Wisconsin 2 $ 690,000 $ 345,000 $ 515,000
Kenosha, Wisconsin 2 $ 390,000 $ 195,000 $ 57,000
Sublette, Wyoming 2 $ 180,000 $ 90,000 $ 196,000
Houston, Alabama 1 $ 75,000 $ 75,000 $ 29,000
Jefferson, Alabama 1 $ 275,000 $ 275,000 $ 104,000
Pickens, Alabama 1 $ 95,000 $ 95,000 $ 24,000
Apache, Arizona 1 $ 65,000 $ 65,000 $ 86,000
Yuma, Arizona 1 $ 145,000 $ 145,000 $ 37,000
Benton, Arkansas 1 $ 265,000 $ 265,000 $ 191,000
Pope, Arkansas 1 $ 95,000 $ 95,000 $ 34,000
St. Francis, Arkansas 1 $ 165,000 $ 165,000 $ 62,000
Alpine, California 1 $ 195,000 $ 195,000 $ 341,000
Inyo, California 1 $ 225,000 $ 225,000 $ 75,000
Chaffee, Colorado 1 $ 315,000 $ 315,000 $ 128,000
Clear Creek, Colorado 1 $ 365,000 $ 365,000 $ 135,000
Eagle, Colorado 1 $ 565,000 $ 565,000 $ 148,000
Elbert, Colorado 1 $ 415,000 $ 415,000 $ 207,000
Gilpin, Colorado 1 $ 205,000 $ 205,000 $ 75,000
Grand, Colorado 1 $ 235,000 $ 235,000 $ 104,000
Lake, Colorado 1 $ 115,000 $ 115,000 $ 98,000
Larimer, Colorado 1 $ 475,000 $ 475,000 $ 157,000
Summit, Colorado 1 $ 135,000 $ 135,000 $ 303,000
District of Columbia, District Of Columbia 1 $ 455,000 $ 455,000 $ 266,000
Clay, Florida 1 $ 145,000 $ 145,000 $ 45,000
Miami-Dade, Florida 1 $ 515,000 $ 515,000 $ 340,000
Palm Beach, Florida 1 $ 185,000 $ 185,000 $ 42,000
Polk, Florida 1 $ 285,000 $ 285,000 $ 0
Bibb, Georgia 1 $ 205,000 $ 205,000 $ 61,000
Chatham, Georgia 1 $ 165,000 $ 165,000 $ 115,000
Cherokee, Georgia 1 $ 225,000 $ 225,000 $ 41,000
Gilmer, Georgia 1 $ 155,000 $ 155,000 $ 34,000
Gordon, Georgia 1 $ 185,000 $ 185,000 $ 46,000
Greene, Georgia 1 $ 325,000 $ 325,000 $ 399,000
Habersham, Georgia 1 $ 65,000 $ 65,000 $ 29,000
Hall, Georgia 1 $ 165,000 $ 165,000 $ 108,000
Haralson, Georgia 1 $ 145,000 $ 145,000 $ 58,000
Meriwether, Georgia 1 $ 185,000 $ 185,000 $ 48,000
Oconee, Georgia 1 $ 275,000 $ 275,000 $ 78,000
Pierce, Georgia 1 $ 315,000 $ 315,000 $ 62,000
Rockdale, Georgia 1 $ 165,000 $ 165,000 $ 55,000
Adams, Idaho 1 $ 305,000 $ 305,000 $ 167,000
Custer, Idaho 1 $ 225,000 $ 225,000 $ 251,000
Jerome, Idaho 1 $ 405,000 $ 405,000 $ 242,000
Grundy, Illinois 1 $ 295,000 $ 295,000 $ 154,000
LaSalle, Illinois 1 $ 255,000 $ 255,000 $ 267,000
Whiteside, Illinois 1 $ 295,000 $ 295,000 $ 108,000
Woodford, Illinois 1 $ 395,000 $ 395,000 $ 71,000
Allen, Indiana 1 $ 95,000 $ 95,000 $ 69,000
Fayette, Indiana 1 $ 185,000 $ 185,000 $ 51,000
Hamilton, Indiana 1 $ 325,000 $ 325,000 $ 193,000
LaPorte, Indiana 1 $ 255,000 $ 255,000 $ 73,000
Marshall, Indiana 1 $ 245,000 $ 245,000 $ 124,000
Ohio, Indiana 1 $ 305,000 $ 305,000 $ 105,000
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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

Our comprehensive HMDA mortgage statistics provide invaluable insights into Summit Funding.Inc'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 Summit Funding.Inc'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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