Summit Funding.Inc Mortgage Lending & HMDA Data, 2025
In 2025, Summit Funding.Inc of Sacramento, CA reported 8,573 mortgage applications totaling $3.0 billion, down 2% from 2024. The average application was for $351,990, and applicants reported an average income of $160,884. 67% of its applications resulted in an originated loan and 6% were denied. Its largest markets were Chattanooga, TN-GA (541), Eugene, OR (536) and Kansas City, MO-KS (535) (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 | 8,573 |
| Total Mortgage Loan Application Amount | $3,017,615,000 |
| Average Mortgage Loan Application Amount | $351,990 |
| Highest Mortgage Loan Application Amount | $10,005,000 |
| Average Applicant Income | $160,884 |
| Highest Applicant Income | $8,400,000 |
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Act (HMDA) records Summit Funding.Inc filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.
| Metro Area | Total Number of Mortgage Loan Applications | Total Dollar Amount of Mortgage Loan Applications | Average Mortgage Loan Application Amount | Average Applicant Income |
|---|---|---|---|---|
| Outside any metro area | 1,431 | $ 433,985,000 | $ 303,273 | $ 137,364 |
| Chattanooga, TN-GA | 541 | $ 139,685,000 | $ 258,197 | $ 105,170 |
| Eugene, OR | 536 | $ 201,790,000 | $ 376,473 | $ 145,000 |
| Kansas City, MO-KS | 535 | $ 163,485,000 | $ 305,579 | $ 130,110 |
| Chicago-Naperville, IL | 301 | $ 125,895,000 | $ 418,255 | $ 184,000 |
| Redding, CA | 249 | $ 71,285,000 | $ 286,285 | $ 127,000 |
| Reno, NV | 217 | $ 82,255,000 | $ 379,055 | $ 135,000 |
| San Antonio-New Braunfels, TX | 217 | $ 74,185,000 | $ 341,866 | $ 137,000 |
| Sacramento--Roseville--Arden-Arcade, CA | 216 | $ 89,530,000 | $ 414,490 | $ 181,000 |
| Atlanta-Sandy Springs-Roswell, GA | 190 | $ 53,630,000 | $ 282,263 | $ 132,000 |
| Stockton-Lodi, CA | 178 | $ 63,660,000 | $ 357,640 | $ 134,000 |
| Kennewick-Richland, WA | 162 | $ 40,330,000 | $ 248,950 | $ 122,000 |
| Denver-Aurora-Lakewood, CO | 158 | $ 56,000,000 | $ 354,430 | $ 145,000 |
| Dallas-Plano-Irving, TX | 137 | $ 38,385,000 | $ 280,182 | $ 122,000 |
| Los Angeles-Long Beach-Glendale, CA | 135 | $ 107,835,000 | $ 798,777 | $ 443,000 |
| Phoenix-Mesa-Scottsdale, AZ | 131 | $ 50,875,000 | $ 388,358 | $ 169,000 |
| Arlington-Alexandria-Reston, VA-WV | 127 | $ 53,955,000 | $ 424,842 | $ 135,000 |
| Boise City, ID | 115 | $ 44,435,000 | $ 386,391 | $ 154,000 |
| Albany, OR | 104 | $ 37,760,000 | $ 363,076 | $ 115,000 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 102 | $ 43,440,000 | $ 425,882 | $ 147,000 |
| Idaho Falls, ID | 100 | $ 28,120,000 | $ 281,200 | $ 127,000 |
| Salinas, CA | 99 | $ 57,225,000 | $ 578,030 | $ 281,000 |
| Pocatello, ID | 80 | $ 17,360,000 | $ 217,000 | $ 114,000 |
| Laredo, TX | 75 | $ 12,115,000 | $ 161,533 | $ 91,000 |
| Miami-Miami Beach-Kendall, FL | 75 | $ 34,505,000 | $ 460,066 | $ 220,000 |
| Yuma, AZ | 71 | $ 23,835,000 | $ 335,704 | $ 119,000 |
| Spokane-Spokane Valley, WA | 68 | $ 19,960,000 | $ 293,529 | $ 122,000 |
| Dalton, GA | 66 | $ 13,950,000 | $ 211,363 | $ 107,000 |
| Greeley, CO | 64 | $ 19,720,000 | $ 308,125 | $ 138,000 |
| Coeur D'Alene, ID | 63 | $ 26,035,000 | $ 413,253 | $ 215,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 62 | $ 19,200,000 | $ 309,677 | $ 118,000 |
| New Orleans-Metairie, LA | 61 | $ 9,875,000 | $ 161,885 | $ 77,000 |
| Houston-The Woodlands-Sugar Land, TX | 58 | $ 18,070,000 | $ 311,551 | $ 174,000 |
| Riverside-San Bernardino-Ontario, CA | 57 | $ 21,025,000 | $ 368,859 | $ 220,000 |
| Bend-Redmond, OR | 55 | $ 30,755,000 | $ 559,181 | $ 216,000 |
| Portland-Vancouver-Hillsboro, OR-WA | 54 | $ 31,480,000 | $ 582,962 | $ 308,722 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 50 | $ 25,580,000 | $ 511,600 | $ 239,000 |
| Kingsport-Bristol-Bristol, TN-VA | 50 | $ 8,330,000 | $ 166,600 | $ 73,060 |
| Austin-Round Rock, TX | 49 | $ 17,495,000 | $ 357,040 | $ 148,000 |
| Pensacola-Ferry Pass-Brent, FL | 49 | $ 15,955,000 | $ 325,612 | $ 176,000 |
| San Diego-Carlsbad, CA | 46 | $ 47,190,000 | $ 1,025,869 | $ 780,000 |
| Tyler, TX | 44 | $ 7,620,000 | $ 173,181 | $ 101,000 |
| Providence-Warwick, RI-MA | 43 | $ 15,405,000 | $ 358,255 | $ 138,046 |
| Cleveland, TN | 42 | $ 10,190,000 | $ 242,619 | $ 96,000 |
| Santa Fe, NM | 42 | $ 13,320,000 | $ 317,142 | $ 131,000 |
| Marietta, GA | 41 | $ 13,865,000 | $ 338,170 | $ 151,000 |
| Winston-Salem, NC | 41 | $ 15,015,000 | $ 366,219 | $ 173,000 |
| Fort Worth-Arlington, TX | 33 | $ 8,655,000 | $ 262,272 | $ 133,000 |
| Knoxville, TN | 32 | $ 8,860,000 | $ 276,875 | $ 107,000 |
| Fort Collins, CO | 31 | $ 15,955,000 | $ 514,677 | $ 212,000 |
| Oakland-Hayward-Berkeley, CA | 31 | $ 17,355,000 | $ 559,838 | $ 386,000 |
| Anaheim-Santa Ana-Irvine, CA | 29 | $ 27,195,000 | $ 937,758 | $ 762,000 |
| Charlotte-Concord-Gastonia, NC-SC | 29 | $ 10,995,000 | $ 379,137 | $ 161,206 |
| North Port-Sarasota-Bradenton, FL | 27 | $ 13,155,000 | $ 487,222 | $ 413,000 |
| Orlando-Kissimmee-Sanford, FL | 26 | $ 11,780,000 | $ 453,076 | $ 266,000 |
| Slidell-Mandeville-Covington, LA | 26 | $ 4,790,000 | $ 184,230 | $ 72,000 |
| Tucson, AZ | 26 | $ 7,970,000 | $ 306,538 | $ 115,000 |
| Allentown-Bethlehem-Easton, PA-NJ | 25 | $ 6,735,000 | $ 269,400 | $ 155,000 |
| Boulder, CO | 25 | $ 10,505,000 | $ 420,200 | $ 150,000 |
| Salem, OR | 25 | $ 9,355,000 | $ 374,200 | $ 193,000 |
| Baton Rouge, LA | 24 | $ 4,280,000 | $ 178,333 | $ 112,000 |
| Medford, OR | 24 | $ 9,030,000 | $ 376,250 | $ 166,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 21 | $ 11,835,000 | $ 563,571 | $ 288,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 21 | $ 6,845,000 | $ 325,952 | $ 308,000 |
| Modesto, CA | 20 | $ 8,970,000 | $ 448,500 | $ 168,000 |
| Carson City, NV | 19 | $ 5,775,000 | $ 303,947 | $ 110,000 |
| Johnson City, TN | 18 | $ 3,570,000 | $ 198,333 | $ 71,000 |
| Augusta-Richmond County, GA-SC | 17 | $ 3,465,000 | $ 203,823 | $ 101,176 |
| Lake County-Kenosha County, IL-WI | 17 | $ 8,495,000 | $ 499,705 | $ 242,000 |
| Santa Rosa, CA | 17 | $ 10,405,000 | $ 612,058 | $ 286,000 |
| Savannah, GA | 17 | $ 4,245,000 | $ 249,705 | $ 113,000 |
| Las Vegas-Henderson-Paradise, NV | 16 | $ 5,110,000 | $ 319,375 | $ 168,000 |
| Albuquerque, NM | 15 | $ 4,005,000 | $ 267,000 | $ 141,000 |
| Crestview-Fort Walton Beach-Destin, FL | 14 | $ 10,550,000 | $ 753,571 | $ 654,000 |
| Corvallis, OR | 13 | $ 5,875,000 | $ 451,923 | $ 231,000 |
| Olympia-Tumwater, WA | 13 | $ 5,125,000 | $ 394,230 | $ 157,000 |
| Yakima, WA | 13 | $ 2,695,000 | $ 207,307 | $ 112,000 |
| Elgin, IL | 12 | $ 3,880,000 | $ 323,333 | $ 184,000 |
| Longview, TX | 12 | $ 1,870,000 | $ 155,833 | $ 72,000 |
| Raleigh, NC | 12 | $ 3,600,000 | $ 300,000 | $ 115,000 |
| Memphis, TN-MS-AR | 11 | $ 2,025,000 | $ 184,090 | $ 88,363 |
| St. Petersburg-Clearwater-Largo, FL | 11 | $ 3,995,000 | $ 363,181 | $ 253,000 |
| Greenville-Anderson-Mauldin, SC | 10 | $ 3,210,000 | $ 321,000 | $ 103,000 |
| Vallejo-Fairfield, CA | 10 | $ 5,090,000 | $ 509,000 | $ 126,000 |
| Morristown, TN | 9 | $ 2,485,000 | $ 276,111 | $ 112,000 |
| Tampa, FL | 9 | $ 2,445,000 | $ 271,666 | $ 220,000 |
| Lakeland-Winter Haven, FL | 8 | $ 2,230,000 | $ 278,750 | $ 95,000 |
| Washington, DC-MD | 8 | $ 2,700,000 | $ 337,500 | $ 320,000 |
| Gainesville, GA | 7 | $ 2,345,000 | $ 335,000 | $ 119,000 |
| Jacksonville, FL | 7 | $ 1,635,000 | $ 233,571 | $ 130,000 |
| Longview, WA | 7 | $ 2,585,000 | $ 369,285 | $ 93,000 |
| Milwaukee-Waukesha-West Allis, WI | 7 | $ 2,345,000 | $ 335,000 | $ 140,000 |
| San Francisco-Redwood City-South San Francisco, CA | 7 | $ 10,745,000 | $ 1,535,000 | $ 442,000 |
| Spartanburg, SC | 7 | $ 1,975,000 | $ 282,142 | $ 62,000 |
| Urban Honolulu, HI | 7 | $ 5,715,000 | $ 816,428 | $ 277,000 |
| Yuba City, CA | 7 | $ 2,215,000 | $ 316,428 | $ 104,000 |
| Asheville, NC | 6 | $ 1,030,000 | $ 171,666 | $ 58,000 |
| Fresno, CA | 6 | $ 2,000,000 | $ 333,333 | $ 183,000 |
| Montgomery County-Bucks County-Chester County, PA | 6 | $ 1,780,000 | $ 296,666 | $ 96,000 |
| Ocala, FL | 6 | $ 2,430,000 | $ 405,000 | $ 180,000 |
| Port St. Lucie, FL | 6 | $ 5,060,000 | $ 843,333 | $ 826,000 |
| San Luis Obispo-Paso Robles-Arroyo Grande, CA | 6 | $ 3,170,000 | $ 528,333 | $ 261,000 |
| Washington-Baltimore-Arlington, DC | 6 | $ 2,930,000 | $ 488,333 | $ 526,000 |
| Charlottesville, VA | 5 | $ 895,000 | $ 179,000 | $ 90,000 |
| Chico, CA | 5 | $ 1,395,000 | $ 279,000 | $ 139,000 |
| Grants Pass, OR | 5 | $ 1,765,000 | $ 353,000 | $ 130,000 |
| Hinesville, GA | 5 | $ 585,000 | $ 117,000 | $ 55,000 |
| Lake Havasu City-Kingman, AZ | 5 | $ 1,835,000 | $ 367,000 | $ 112,000 |
| Manhattan, KS | 5 | $ 785,000 | $ 157,000 | $ 327,000 |
| New York-Jersey City-White Plains, NY-NJ | 5 | $ 2,245,000 | $ 449,000 | $ 93,000 |
| Newark, NJ-PA | 5 | $ 2,665,000 | $ 533,000 | $ 90,000 |
| Oklahoma City, OK | 5 | $ 1,195,000 | $ 239,000 | $ 89,000 |
| Palm Bay-Melbourne-Titusville, FL | 5 | $ 1,735,000 | $ 347,000 | $ 129,000 |
| Punta Gorda, FL | 5 | $ 885,000 | $ 177,000 | $ 86,000 |
| Santa Cruz-Watsonville, CA | 5 | $ 4,315,000 | $ 863,000 | $ 746,000 |
| Seattle-Bellevue-Everett, WA | 5 | $ 13,595,000 | $ 2,719,000 | $ 3,267,000 |
| Tacoma-Lakewood, WA | 5 | $ 2,735,000 | $ 547,000 | $ 584,000 |
| Twin Falls, ID | 5 | $ 1,305,000 | $ 261,000 | $ 96,000 |
| Waco, TX | 5 | $ 1,305,000 | $ 261,000 | $ 0 |
| Wilmington, DE-MD-NJ | 5 | $ 1,045,000 | $ 209,000 | $ 82,000 |
| Birmingham-Hoover, AL | 4 | $ 2,840,000 | $ 710,000 | $ 141,000 |
| Clarksville, TN-KY | 4 | $ 1,240,000 | $ 310,000 | $ 114,000 |
| Flagstaff, AZ | 4 | $ 2,530,000 | $ 632,500 | $ 294,000 |
| Greensboro-High Point, NC | 4 | $ 1,750,000 | $ 437,500 | $ 200,000 |
| Indianapolis-Carmel-Anderson, IN | 4 | $ 1,910,000 | $ 477,500 | $ 372,000 |
| Killeen-Temple, TX | 4 | $ 1,500,000 | $ 375,000 | $ 141,000 |
| Lawrence, KS | 4 | $ 1,220,000 | $ 305,000 | $ 145,000 |
| Little Rock-North Little Rock-Conway, AR | 4 | $ 740,000 | $ 185,000 | $ 0 |
| Merced, CA | 4 | $ 1,700,000 | $ 425,000 | $ 301,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 4 | $ 1,400,000 | $ 350,000 | $ 161,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 4 | $ 2,920,000 | $ 730,000 | $ 188,000 |
| Pittsburgh, PA | 4 | $ 650,000 | $ 162,500 | $ 105,000 |
| Reading, PA | 4 | $ 1,670,000 | $ 417,500 | $ 122,000 |
| Rome, GA | 4 | $ 540,000 | $ 135,000 | $ 77,000 |
| St. George, UT | 4 | $ 4,100,000 | $ 1,025,000 | $ 918,000 |
| Athens-Clarke County, GA | 3 | $ 705,000 | $ 235,000 | $ 186,000 |
| Blacksburg-Christiansburg-Radford, VA | 3 | $ 805,000 | $ 268,333 | $ 172,000 |
| Bridgeport-Stamford-Norwalk, CT | 3 | $ 975,000 | $ 325,000 | $ 193,000 |
| Cambridge-Newton-Framingham, MA | 3 | $ 1,995,000 | $ 665,000 | $ 701,000 |
| Cape Coral-Fort Myers, FL | 3 | $ 995,000 | $ 331,666 | $ 71,000 |
| Cleveland, OH | 3 | $ 575,000 | $ 191,666 | $ 179,000 |
| Colorado Springs, CO | 3 | $ 1,385,000 | $ 461,666 | $ 175,000 |
| Corpus Christi, TX | 3 | $ 425,000 | $ 141,666 | $ 92,000 |
| Detroit-Dearborn-Livonia, MI | 3 | $ 1,215,000 | $ 405,000 | $ 0 |
| Everett, WA | 3 | $ 1,405,000 | $ 468,333 | $ 224,000 |
| Lake County-Porter County-Jasper County, IN | 3 | $ 1,245,000 | $ 415,000 | $ 214,000 |
| Las Cruces, NM | 3 | $ 665,000 | $ 221,666 | $ 106,000 |
| Logan, UT-ID | 3 | $ 1,015,000 | $ 338,333 | $ 87,000 |
| Richmond, VA | 3 | $ 1,145,000 | $ 381,666 | $ 125,000 |
| Salt Lake City, UT | 3 | $ 735,000 | $ 245,000 | $ 147,000 |
| San Rafael, CA | 3 | $ 2,475,000 | $ 825,000 | $ 228,000 |
| State College, PA | 3 | $ 835,000 | $ 278,333 | $ 412,000 |
| Warner Robins, GA | 3 | $ 655,000 | $ 218,333 | $ 112,000 |
| Warren-Troy-Farmington Hills, MI | 3 | $ 1,835,000 | $ 611,666 | $ 232,000 |
| Wenatchee, WA | 3 | $ 825,000 | $ 275,000 | $ 130,000 |
| Wildwood-The Villages, FL | 3 | $ 1,075,000 | $ 358,333 | $ 169,000 |
| Worcester, MA-CT | 3 | $ 735,000 | $ 245,000 | $ 99,000 |
| Anniston-Oxford-Jacksonville, AL | 2 | $ 220,000 | $ 110,000 | $ 47,000 |
| Baltimore-Columbia-Towson, MD | 2 | $ 790,000 | $ 395,000 | $ 84,000 |
| Bangor, ME | 2 | $ 1,150,000 | $ 575,000 | $ 445,000 |
| Burlington, NC | 2 | $ 590,000 | $ 295,000 | $ 0 |
| Cincinnati, OH-KY-IN | 2 | $ 570,000 | $ 285,000 | $ 124,500 |
| College Station-Bryan, TX | 2 | $ 670,000 | $ 335,000 | $ 252,000 |
| Daphne-Fairhope-Foley, AL | 2 | $ 670,000 | $ 335,000 | $ 210,000 |
| Durham-Chapel Hill, NC | 2 | $ 1,180,000 | $ 590,000 | $ 262,000 |
| El Paso, TX | 2 | $ 600,000 | $ 300,000 | $ 134,000 |
| Fayetteville-Springdale-Rogers, AR-MO | 2 | $ 510,000 | $ 255,000 | $ 102,000 |
| Hagerstown-Martinsburg, MD-WV | 2 | $ 730,000 | $ 365,000 | $ 96,000 |
| Homosassa Springs, FL | 2 | $ 450,000 | $ 225,000 | $ 112,000 |
| Kankakee, IL | 2 | $ 250,000 | $ 125,000 | $ 86,000 |
| Lafayette, LA | 2 | $ 390,000 | $ 195,000 | $ 97,000 |
| Lansing-East Lansing, MI | 2 | $ 600,000 | $ 300,000 | $ 67,000 |
| Macon-Bibb County, GA | 2 | $ 450,000 | $ 225,000 | $ 241,000 |
| Mount Vernon-Anacortes, WA | 2 | $ 1,000,000 | $ 500,000 | $ 110,000 |
| Muncie, IN | 2 | $ 900,000 | $ 450,000 | $ 289,000 |
| Niles-Benton Harbor, MI | 2 | $ 420,000 | $ 210,000 | $ 158,000 |
| Panama City, FL | 2 | $ 760,000 | $ 380,000 | $ 1,107,000 |
| Pinehurst-Southern Pines, NC | 2 | $ 490,000 | $ 245,000 | $ 79,000 |
| Prescott Valley-Prescott, AZ | 2 | $ 780,000 | $ 390,000 | $ 574,000 |
| Springfield, MA | 2 | $ 530,000 | $ 265,000 | $ 111,000 |
| Staunton-Waynesboro, VA | 2 | $ 1,340,000 | $ 670,000 | $ 276,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 2 | $ 1,540,000 | $ 770,000 | $ 306,500 |
| Visalia-Porterville, CA | 2 | $ 270,000 | $ 135,000 | $ 166,000 |
| Walla Walla, WA | 2 | $ 630,000 | $ 315,000 | $ 101,000 |
| Wilmington, NC | 2 | $ 300,000 | $ 150,000 | $ 80,000 |
| Anchorage, AK | 1 | $ 605,000 | $ 605,000 | $ 3,773,000 |
| Appleton, WI | 1 | $ 435,000 | $ 435,000 | $ 103,000 |
| Atlantic City-Hammonton, NJ | 1 | $ 215,000 | $ 215,000 | $ 0 |
| Bakersfield, CA | 1 | $ 475,000 | $ 475,000 | $ 169,000 |
| Barnstable Town, MA | 1 | $ 505,000 | $ 505,000 | $ 40,000 |
| Boston, MA | 1 | $ 155,000 | $ 155,000 | $ 140,000 |
| Camden, NJ | 1 | $ 265,000 | $ 265,000 | $ 275,000 |
| Cape Girardeau, MO-IL | 1 | $ 215,000 | $ 215,000 | $ 81,000 |
| Champaign-Urbana, IL | 1 | $ 265,000 | $ 265,000 | $ 107,000 |
| Charleston-North Charleston, SC | 1 | $ 1,915,000 | $ 1,915,000 | $ 0 |
| Columbia, SC | 1 | $ 185,000 | $ 185,000 | $ 130,000 |
| Des Moines-West Des Moines, IA | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Fayetteville, NC | 1 | $ 215,000 | $ 215,000 | $ 86,000 |
| Hammond, LA | 1 | $ 375,000 | $ 375,000 | $ 182,000 |
| Hanford-Corcoran, CA | 1 | $ 155,000 | $ 155,000 | $ 63,000 |
| Harrisonburg, VA | 1 | $ 155,000 | $ 155,000 | $ 99,000 |
| Hartford-West Hartford-East Hartford, CT | 1 | $ 505,000 | $ 505,000 | $ 0 |
| Kalamazoo-Portage, MI | 1 | $ 225,000 | $ 225,000 | $ 95,000 |
| Lakewood-New Brunswick, NJ | 1 | $ 565,000 | $ 565,000 | $ 183,000 |
| Lewiston, ID-WA | 1 | $ 85,000 | $ 85,000 | $ 101,000 |
| Madison, WI | 1 | $ 165,000 | $ 165,000 | $ 35,000 |
| Mansfield, OH | 1 | $ 175,000 | $ 175,000 | $ 326,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 1 | $ 425,000 | $ 425,000 | $ 104,000 |
| Montgomery, AL | 1 | $ 95,000 | $ 95,000 | $ 38,000 |
| Muskegon, MI | 1 | $ 325,000 | $ 325,000 | $ 80,000 |
| Napa, CA | 1 | $ 725,000 | $ 725,000 | $ 2,057,000 |
| Naples-Immokalee-Marco Island, FL | 1 | $ 2,365,000 | $ 2,365,000 | $ 376,000 |
| Norwich-New London, CT | 1 | $ 355,000 | $ 355,000 | $ 0 |
| Ogden-Clearfield, UT | 1 | $ 445,000 | $ 445,000 | $ 78,000 |
| Philadelphia, PA | 1 | $ 405,000 | $ 405,000 | $ 0 |
| Provo-Orem, UT | 1 | $ 455,000 | $ 455,000 | $ 0 |
| Racine, WI | 1 | $ 175,000 | $ 175,000 | $ 0 |
| Sandusky, OH | 1 | $ 265,000 | $ 265,000 | $ 0 |
| Santa Maria-Santa Barbara, CA | 1 | $ 415,000 | $ 415,000 | $ 172,000 |
| Sebring, FL | 1 | $ 415,000 | $ 415,000 | $ 251,000 |
| Sherman-Denison, TX | 1 | $ 75,000 | $ 75,000 | $ 29,000 |
| South Bend-Mishawaka, IN-MI | 1 | $ 235,000 | $ 235,000 | $ 79,000 |
| Springfield, MO | 1 | $ 325,000 | $ 325,000 | $ 107,000 |
| Topeka, KS | 1 | $ 155,000 | $ 155,000 | $ 111,000 |
| Trenton, NJ | 1 | $ 395,000 | $ 395,000 | $ 199,000 |
| Tulsa, OK | 1 | $ 355,000 | $ 355,000 | $ 260,000 |
| Valdosta, GA | 1 | $ 165,000 | $ 165,000 | $ 34,000 |
| Wichita, KS | 1 | $ 145,000 | $ 145,000 | $ 39,000 |
| Winchester, VA-WV | 1 | $ 485,000 | $ 485,000 | $ 208,000 |
| Youngstown-Warren-Boardman, OH-PA | 1 | $ 225,000 | $ 225,000 | $ 0 |
Mortgage Loan Application Detail Totals for Summit Funding.Inc in 2025
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 | 7,228 | $2,442,180,000 | $337,000 | $6,605,000 | $146,000 | $6,295,000 |
| Refinancing | 719 | $341,805,000 | $475,000 | $3,835,000 | $243,000 | $5,400,000 |
| Cash-out Refinancing | 383 | $164,975,000 | $430,000 | $10,005,000 | $224,000 | $8,400,000 |
| Other Purpose | 214 | $61,100,000 | $285,000 | $3,505,000 | $262,000 | $4,401,000 |
| Home Improvement | 29 | $7,555,000 | $260,000 | $765,000 | $255,000 | $1,600,000 |
| 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 | 5,263 | $1,845,745,000 | $350,000 | $4,485,000 | $160,000 | $6,295,000 |
| Hispanic | 1,573 | $524,675,000 | $333,000 | $2,525,000 | $144,000 | $3,624,000 |
| Not Provided | 861 | $329,915,000 | $383,000 | $3,505,000 | $180,000 | $3,380,000 |
| Black or African American | 471 | $122,675,000 | $260,000 | $1,005,000 | $119,000 | $1,682,000 |
| Asian | 332 | $163,010,000 | $490,000 | $10,005,000 | $225,000 | $8,400,000 |
| American Indian or Alaskan Native | 57 | $24,755,000 | $434,000 | $6,605,000 | $172,000 | $2,525,000 |
| Native Hawaiian or Other Pacific Islander | 16 | $6,840,000 | $427,000 | $805,000 | $173,000 | $467,000 |
| 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) | 5,875 | $2,090,375,000 | $355,000 | $10,005,000 | $185,000 | $8,400,000 |
| FHA-insured (Federal Housing Administration) | 2,101 | $683,155,000 | $325,000 | $875,000 | $101,000 | $1,353,000 |
| VA-guaranteed (Veterans Administration) | 558 | $234,750,000 | $420,000 | $1,645,000 | $122,000 | $480,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) | 39 | $9,335,000 | $239,000 | $585,000 | $82,000 | $179,000 |
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 | 5,759 | $1,936,015,000 | $336,000 | $3,835,000 | $150,000 | $5,172,000 |
| Application Withdrawn By Applicant | 2,075 | $791,545,000 | $381,000 | $10,005,000 | $180,000 | $8,400,000 |
| Application Denied By Financial Institution | 489 | $205,975,000 | $421,000 | $4,355,000 | $195,000 | $4,401,000 |
| Preapproval Approved but not Accepted | 91 | $35,115,000 | $385,000 | $1,505,000 | $141,000 | $731,000 |
| Preapproval Denied by Financial Institution | 77 | $18,585,000 | $241,000 | $805,000 | $69,000 | $220,000 |
| Application Approved But Not Accepted | 54 | $20,410,000 | $377,000 | $2,505,000 | $156,000 | $1,352,000 |
| File Closed For Incompleteness | 28 | $9,970,000 | $356,000 | $1,205,000 | $183,000 | $1,476,000 |
| 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 | 8,007 | $2,793,055,000 | $348,000 | $10,005,000 | $158,000 | $8,400,000 |
| Debt-To-Income Ratio | 208 | $80,830,000 | $388,000 | $3,565,000 | $113,000 | $1,215,000 |
| Other | 111 | $45,665,000 | $411,000 | $3,505,000 | $328,000 | $4,401,000 |
| Collateral | 99 | $38,955,000 | $393,000 | $2,045,000 | $183,000 | $1,353,000 |
| Credit History | 86 | $33,200,000 | $386,000 | $4,355,000 | $188,000 | $1,684,000 |
| Unverifiable Information | 27 | $15,555,000 | $576,000 | $3,505,000 | $212,000 | $1,196,000 |
| Insufficient Cash (Downpayment, Closing Cost) | 17 | $5,055,000 | $297,000 | $665,000 | $129,000 | $306,000 |
| Employment History | 9 | $2,495,000 | $277,000 | $685,000 | $61,000 | $135,000 |
| Credit Application Incomplete | 8 | $2,500,000 | $312,000 | $505,000 | $184,000 | $840,000 |
| Mortgage Insurance Denied | 1 | $305,000 | $305,000 | $305,000 | $95,000 | $95,000 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Summit Funding.Inc's 2025 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.
For a list of all lenders in California, download the full spreadsheet
with aggregated HMDA statistics today.
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