Winprime Lending Mortgage Lending & HMDA Data, 2020

In 2020, Winprime Lending of Los Angeles, CA reported 1,916 mortgage applications totaling $759.1 million, up 130% from 2019. The average application was for $396,200, and applicants reported an average income of $122,174. 87% of its applications resulted in an originated loan and 0% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (1,131), Riverside-San Bernardino-Ontario, CA (307) and Anaheim-Santa Ana-Irvine, CA (239) (applications in parentheses).

Mortgage Company & Address Winprime Lending
320 Arden Ave
Los Angeles, CA 90005
Tel #: available with data download
Federal Regulator * available with data download
Years 2025  2024  2023  2022  2021  2020  2019  2018  
Total Number of Mortgage Applications 1,916
Total Mortgage Loan Application Amount $759,120,000
Average Mortgage Loan Application Amount $396,200
Highest Mortgage Loan Application Amount $1,475,000
Average Applicant Income $122,174
Highest Applicant Income $1,302,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Winprime Lending filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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.

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Mortgage Loan Application Detail Totals for Winprime Lending 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
Refinancing 1,103 $426,805,000 $386,000 $1,475,000 $126,000 $1,302,000
Cash-out Refinancing 465 $175,435,000 $377,000 $1,015,000 $105,000 $460,000
Home Purchase 348 $156,880,000 $450,000 $1,475,000 $133,000 $1,033,000
Not Applicable 0 $0 $0 $0 $0 $0
Other Purpose 0 $0 $0 $0 $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
Asian 913 $388,035,000 $425,000 $1,475,000 $140,000 $1,302,000
Not Provided 429 $159,825,000 $372,000 $985,000 $115,000 $1,033,000
Hispanic 364 $125,160,000 $343,000 $1,385,000 $85,000 $580,000
White 174 $71,420,000 $410,000 $765,000 $121,000 $427,000
Native Hawaiian or Other Pacific Islander 18 $6,420,000 $356,000 $575,000 $94,000 $207,000
Black or African American 12 $5,340,000 $445,000 $755,000 $137,000 $261,000
American Indian or Alaskan Native 3 $1,585,000 $528,000 $735,000 $157,000 $216,000
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) 1,697 $667,945,000 $393,000 $1,475,000 $128,000 $1,302,000
FHA-insured (Federal Housing Administration) 219 $91,175,000 $416,000 $895,000 $78,000 $345,000
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 1,666 $656,220,000 $393,000 $1,475,000 $123,000 $1,302,000
Application Approved But Not Accepted 184 $77,690,000 $422,000 $1,385,000 $121,000 $929,000
Application Withdrawn By Applicant 45 $17,375,000 $386,000 $895,000 $101,000 $280,000
File Closed For Incompleteness 18 $6,690,000 $371,000 $735,000 $88,000 $360,000
Application Denied By Financial Institution 2 $780,000 $390,000 $415,000 $87,000 $93,000
Preapproval Approved but not Accepted 1 $365,000 $365,000 $365,000 $105,000 $105,000
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 1,914 $758,340,000 $396,000 $1,475,000 $122,000 $1,302,000
Credit History 1 $415,000 $415,000 $415,000 $93,000 $93,000
Debt-To-Income Ratio 1 $365,000 $365,000 $365,000 $81,000 $81,000
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
Other 0 $0 $0 $0 $0 $0
Unverifiable Information 0 $0 $0 $0 $0 $0
Collateral 0 $0 $0 $0 $0 $0
Credit Application Incomplete 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Winprime Lending'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 Winprime Lending'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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