Watermark Capital, Inc. Mortgage Lending & HMDA Data, 2023
In 2023, Watermark Capital, Inc. of Irvine, CA reported 760 mortgage applications totaling $380.1 million, down 77% from 2022. The average application was for $500,092, and applicants reported an average income of $220,261. 81% of its applications resulted in an originated loan and 5% were denied. Its largest markets were Los Angeles-Long Beach-Glendale, CA (72), San Diego-Carlsbad, CA (62) and Dallas-Plano-Irving, TX (48) (applications in parentheses).
| Mortgage Company & Address | Watermark Capital, Inc. 100 Spectrum Center Dr Ste 150 Irvine, CA 92618 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 |
| Total Number of Mortgage Applications | 760 |
| Total Mortgage Loan Application Amount | $380,070,000 |
| Average Mortgage Loan Application Amount | $500,092 |
| Highest Mortgage Loan Application Amount | $2,985,000 |
| Average Applicant Income | $220,261 |
| Highest Applicant Income | $2,585,000 |
About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Watermark Capital, Inc. filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 |
|---|---|---|---|---|
| Los Angeles-Long Beach-Glendale, CA | 72 | $ 54,730,000 | $ 760,138 | $ 283,000 |
| San Diego-Carlsbad, CA | 62 | $ 34,460,000 | $ 555,806 | $ 185,000 |
| Dallas-Plano-Irving, TX | 48 | $ 31,140,000 | $ 648,750 | $ 302,000 |
| Houston-The Woodlands-Sugar Land, TX | 47 | $ 21,795,000 | $ 463,723 | $ 209,000 |
| Fort Worth-Arlington, TX | 45 | $ 21,505,000 | $ 477,888 | $ 231,000 |
| Baltimore-Columbia-Towson, MD | 39 | $ 15,675,000 | $ 401,923 | $ 155,000 |
| Washington-Arlington-Alexandria, DC-VA-MD-WV | 37 | $ 18,315,000 | $ 495,000 | $ 170,378 |
| Outside any metro area | 28 | $ 10,760,000 | $ 384,285 | $ 237,250 |
| Anaheim-Santa Ana-Irvine, CA | 24 | $ 14,090,000 | $ 587,083 | $ 206,000 |
| Phoenix-Mesa-Scottsdale, AZ | 24 | $ 10,190,000 | $ 424,583 | $ 185,000 |
| Riverside-San Bernardino-Ontario, CA | 24 | $ 11,320,000 | $ 471,666 | $ 227,000 |
| Stockton-Lodi, CA | 20 | $ 7,220,000 | $ 361,000 | $ 129,000 |
| Santa Cruz-Watsonville, CA | 17 | $ 12,395,000 | $ 729,117 | $ 260,000 |
| Las Vegas-Henderson-Paradise, NV | 15 | $ 7,745,000 | $ 516,333 | $ 374,000 |
| Sacramento--Roseville--Arden-Arcade, CA | 15 | $ 7,815,000 | $ 521,000 | $ 165,000 |
| Oakland-Hayward-Berkeley, CA | 14 | $ 9,300,000 | $ 664,285 | $ 255,000 |
| Bakersfield, CA | 9 | $ 1,765,000 | $ 196,111 | $ 116,000 |
| San Antonio-New Braunfels, TX | 9 | $ 3,175,000 | $ 352,777 | $ 119,000 |
| Oxnard-Thousand Oaks-Ventura, CA | 8 | $ 4,820,000 | $ 602,500 | $ 234,000 |
| Washington-Baltimore-Arlington, DC | 8 | $ 3,470,000 | $ 433,750 | $ 169,000 |
| Charlotte-Concord-Gastonia, NC-SC | 7 | $ 2,035,000 | $ 290,714 | $ 165,000 |
| Atlanta-Sandy Springs-Roswell, GA | 6 | $ 2,310,000 | $ 385,000 | $ 507,000 |
| Austin-Round Rock, TX | 6 | $ 6,060,000 | $ 1,010,000 | $ 412,000 |
| Cape Coral-Fort Myers, FL | 6 | $ 2,150,000 | $ 358,333 | $ 166,000 |
| Oklahoma City, OK | 6 | $ 1,920,000 | $ 320,000 | $ 780,000 |
| Portland-Vancouver-Hillsboro, OR-WA | 6 | $ 3,060,000 | $ 510,000 | $ 219,333 |
| Worcester, MA-CT | 6 | $ 2,020,000 | $ 336,666 | $ 148,333 |
| Boise City, ID | 5 | $ 1,465,000 | $ 293,000 | $ 151,000 |
| Tulsa, OK | 5 | $ 1,805,000 | $ 361,000 | $ 126,000 |
| Boston, MA | 4 | $ 1,990,000 | $ 497,500 | $ 177,000 |
| Denver-Aurora-Lakewood, CO | 4 | $ 2,050,000 | $ 512,500 | $ 214,000 |
| Montgomery County-Bucks County-Chester County, PA | 4 | $ 1,540,000 | $ 385,000 | $ 160,000 |
| Cleveland-Elyria, OH | 3 | $ 1,135,000 | $ 378,333 | $ 352,000 |
| Fort Lauderdale-Pompano Beach-Deerfield Beach, FL | 3 | $ 795,000 | $ 265,000 | $ 217,000 |
| Lake Havasu City-Kingman, AZ | 3 | $ 1,285,000 | $ 428,333 | $ 194,000 |
| Lakeland-Winter Haven, FL | 3 | $ 1,045,000 | $ 348,333 | $ 68,000 |
| Miami-Miami Beach-Kendall, FL | 3 | $ 1,035,000 | $ 345,000 | $ 208,000 |
| Ogden-Clearfield, UT | 3 | $ 1,815,000 | $ 605,000 | $ 166,000 |
| Prescott Valley-Prescott, AZ | 3 | $ 1,225,000 | $ 408,333 | $ 109,000 |
| Provo-Orem, UT | 3 | $ 1,395,000 | $ 465,000 | $ 209,000 |
| Raleigh, NC | 3 | $ 1,085,000 | $ 361,666 | $ 216,000 |
| Reno, NV | 3 | $ 865,000 | $ 288,333 | $ 177,000 |
| San Jose-Sunnyvale-Santa Clara, CA | 3 | $ 1,615,000 | $ 538,333 | $ 298,000 |
| Seattle-Bellevue-Everett, WA | 3 | $ 1,165,000 | $ 388,333 | $ 338,000 |
| Tampa-St. Petersburg-Clearwater, FL | 3 | $ 925,000 | $ 308,333 | $ 135,000 |
| Wilmington, DE-MD-NJ | 3 | $ 735,000 | $ 245,000 | $ 75,000 |
| Albuquerque, NM | 2 | $ 880,000 | $ 440,000 | $ 152,000 |
| Camden, NJ | 2 | $ 1,150,000 | $ 575,000 | $ 196,000 |
| Carson City, NV | 2 | $ 470,000 | $ 235,000 | $ 249,000 |
| College Station-Bryan, TX | 2 | $ 490,000 | $ 245,000 | $ 170,000 |
| Daphne-Fairhope-Foley, AL | 2 | $ 520,000 | $ 260,000 | $ 101,000 |
| Durham-Chapel Hill, NC | 2 | $ 780,000 | $ 390,000 | $ 185,000 |
| Indianapolis-Carmel-Anderson, IN | 2 | $ 420,000 | $ 210,000 | $ 156,000 |
| Modesto, CA | 2 | $ 670,000 | $ 335,000 | $ 181,000 |
| Nashville-Davidson--Murfreesboro--Franklin, TN | 2 | $ 1,490,000 | $ 745,000 | $ 224,000 |
| Newark, NJ-PA | 2 | $ 820,000 | $ 410,000 | $ 307,000 |
| Salt Lake City, UT | 2 | $ 720,000 | $ 360,000 | $ 214,000 |
| San Francisco-Redwood City-South San Francisco, CA | 2 | $ 1,070,000 | $ 535,000 | $ 175,000 |
| Santa Rosa, CA | 2 | $ 1,150,000 | $ 575,000 | $ 198,000 |
| Sherman-Denison, TX | 2 | $ 460,000 | $ 230,000 | $ 83,000 |
| Tucson, AZ | 2 | $ 500,000 | $ 250,000 | $ 96,000 |
| Virginia Beach-Norfolk-Newport News, VA-NC | 2 | $ 570,000 | $ 285,000 | $ 138,000 |
| West Palm Beach-Boca Raton-Delray Beach, FL | 2 | $ 1,250,000 | $ 625,000 | $ 255,000 |
| Asheville, NC | 1 | $ 225,000 | $ 225,000 | $ 117,000 |
| Atlantic City-Hammonton, NJ | 1 | $ 165,000 | $ 165,000 | $ 60,000 |
| Burlington, NC | 1 | $ 145,000 | $ 145,000 | $ 134,000 |
| Canton-Massillon, OH | 1 | $ 165,000 | $ 165,000 | $ 61,000 |
| Charleston-North Charleston, SC | 1 | $ 725,000 | $ 725,000 | $ 299,000 |
| Charlottesville, VA | 1 | $ 435,000 | $ 435,000 | $ 187,000 |
| Chicago-Naperville, IL | 1 | $ 1,625,000 | $ 1,625,000 | $ 0 |
| Cincinnati, OH-KY-IN | 1 | $ 305,000 | $ 305,000 | $ 78,000 |
| Coeur D'Alene, ID | 1 | $ 505,000 | $ 505,000 | $ 327,000 |
| Colorado Springs, CO | 1 | $ 525,000 | $ 525,000 | $ 196,000 |
| Columbia, SC | 1 | $ 265,000 | $ 265,000 | $ 160,000 |
| Corpus Christi, TX | 1 | $ 275,000 | $ 275,000 | $ 116,000 |
| Corvallis, OR | 1 | $ 435,000 | $ 435,000 | $ 126,000 |
| Deltona-Daytona Beach-Ormond Beach, FL | 1 | $ 365,000 | $ 365,000 | $ 202,000 |
| Dover, DE | 1 | $ 105,000 | $ 105,000 | $ 229,000 |
| Eugene, OR | 1 | $ 365,000 | $ 365,000 | $ 96,000 |
| Fresno, CA | 1 | $ 1,005,000 | $ 1,005,000 | $ 2,391,000 |
| Greeley, CO | 1 | $ 305,000 | $ 305,000 | $ 110,000 |
| Green Bay, WI | 1 | $ 335,000 | $ 335,000 | $ 416,000 |
| Harrisburg-Carlisle, PA | 1 | $ 145,000 | $ 145,000 | $ 57,000 |
| Hartford-West Hartford-East Hartford, CT | 1 | $ 235,000 | $ 235,000 | $ 198,000 |
| Huntsville, AL | 1 | $ 225,000 | $ 225,000 | $ 114,000 |
| Jacksonville, FL | 1 | $ 135,000 | $ 135,000 | $ 133,000 |
| Kennewick-Richland, WA | 1 | $ 555,000 | $ 555,000 | $ 129,000 |
| Knoxville, TN | 1 | $ 585,000 | $ 585,000 | $ 218,000 |
| Lancaster, PA | 1 | $ 495,000 | $ 495,000 | $ 169,000 |
| Longview, TX | 1 | $ 195,000 | $ 195,000 | $ 155,000 |
| McAllen-Edinburg-Mission, TX | 1 | $ 395,000 | $ 395,000 | $ 335,000 |
| Medford, OR | 1 | $ 105,000 | $ 105,000 | $ 50,000 |
| Memphis, TN-MS-AR | 1 | $ 325,000 | $ 325,000 | $ 111,000 |
| Minneapolis-St. Paul-Bloomington, MN-WI | 1 | $ 315,000 | $ 315,000 | $ 73,000 |
| Myrtle Beach-Conway-North Myrtle Beach, SC-NC | 1 | $ 175,000 | $ 175,000 | $ 131,000 |
| Naples-Immokalee-Marco Island, FL | 1 | $ 315,000 | $ 315,000 | $ 156,000 |
| New York-Jersey City-White Plains, NY-NJ | 1 | $ 415,000 | $ 415,000 | $ 223,000 |
| North Port-Sarasota-Bradenton, FL | 1 | $ 305,000 | $ 305,000 | $ 300,000 |
| Odessa, TX | 1 | $ 325,000 | $ 325,000 | $ 80,000 |
| Omaha-Council Bluffs, NE-IA | 1 | $ 335,000 | $ 335,000 | $ 120,000 |
| Philadelphia, PA | 1 | $ 285,000 | $ 285,000 | $ 46,000 |
| Pittsburgh, PA | 1 | $ 165,000 | $ 165,000 | $ 82,000 |
| Port St. Lucie, FL | 1 | $ 255,000 | $ 255,000 | $ 147,000 |
| Reading, PA | 1 | $ 155,000 | $ 155,000 | $ 50,000 |
| Richmond, VA | 1 | $ 245,000 | $ 245,000 | $ 135,000 |
| Rockingham County-Strafford County, NH | 1 | $ 475,000 | $ 475,000 | $ 142,000 |
| Salem, OR | 1 | $ 415,000 | $ 415,000 | $ 166,000 |
| Salinas, CA | 1 | $ 255,000 | $ 255,000 | $ 319,000 |
| Salisbury, MD-DE | 1 | $ 685,000 | $ 685,000 | $ 213,000 |
| San Luis Obispo-Paso Robles-Arroyo Grande, CA | 1 | $ 615,000 | $ 615,000 | $ 158,000 |
| San Rafael, CA | 1 | $ 705,000 | $ 705,000 | $ 161,000 |
| Vallejo-Fairfield, CA | 1 | $ 485,000 | $ 485,000 | $ 301,000 |
| Victoria, TX | 1 | $ 135,000 | $ 135,000 | $ 48,000 |
| Visalia-Porterville, CA | 1 | $ 405,000 | $ 405,000 | $ 115,000 |
| Waco, TX | 1 | $ 245,000 | $ 245,000 | $ 122,000 |
| Wilmington, NC | 1 | $ 385,000 | $ 385,000 | $ 96,000 |
| Winchester, VA-WV | 1 | $ 685,000 | $ 685,000 | $ 127,000 |
Mortgage Loan Application Detail Totals for Watermark Capital, Inc. in 2023
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 | 625 | $321,235,000 | $513,000 | $2,985,000 | $220,000 | $2,585,000 |
| Cash-out Refinancing | 73 | $27,385,000 | $375,000 | $965,000 | $178,000 | $625,000 |
| Refinancing | 49 | $27,315,000 | $557,000 | $2,735,000 | $280,000 | $2,391,000 |
| Home Improvement | 13 | $4,135,000 | $318,000 | $755,000 | $245,000 | $1,418,000 |
| Not Applicable | 0 | $0 | $0 | $0 | $0 | $0 |
| Other Purpose | 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 | 465 | $236,485,000 | $508,000 | $2,985,000 | $229,000 | $2,391,000 |
| Not Provided | 93 | $45,895,000 | $493,000 | $2,625,000 | $230,000 | $2,585,000 |
| Asian | 90 | $41,790,000 | $464,000 | $1,555,000 | $209,000 | $1,678,000 |
| Hispanic | 61 | $30,015,000 | $492,000 | $1,225,000 | $201,000 | $485,000 |
| Black or African American | 36 | $18,770,000 | $521,000 | $1,045,000 | $163,000 | $385,000 |
| Native Hawaiian or Other Pacific Islander | 1 | $305,000 | $305,000 | $305,000 | $118,000 | $118,000 |
| American Indian or Alaskan Native | 1 | $265,000 | $265,000 | $265,000 | $292,000 | $292,000 |
| 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) | 664 | $334,650,000 | $503,000 | $2,985,000 | $232,000 | $2,585,000 |
| FHA-insured (Federal Housing Administration) | 61 | $27,555,000 | $451,000 | $885,000 | $147,000 | $400,000 |
| VA-guaranteed (Veterans Administration) | 35 | $17,865,000 | $510,000 | $1,265,000 | $133,000 | $331,000 |
| 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 |
|---|---|---|---|---|---|---|
| Loan Originated | 617 | $306,375,000 | $496,000 | $2,735,000 | $223,000 | $2,585,000 |
| Application Approved But Not Accepted | 81 | $43,185,000 | $533,000 | $2,985,000 | $225,000 | $1,209,000 |
| Application Denied By Financial Institution | 38 | $16,750,000 | $440,000 | $1,165,000 | $158,000 | $625,000 |
| Application Withdrawn By Applicant | 21 | $11,395,000 | $542,000 | $1,625,000 | $224,000 | $615,000 |
| Preapproval Approved but not Accepted | 3 | $2,365,000 | $788,000 | $1,335,000 | $298,000 | $480,000 |
| Preapproval Denied by Financial Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| Loan Purchased By The Institution | 0 | $0 | $0 | $0 | $0 | $0 |
| File Closed For Incompleteness | 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 | 722 | $363,320,000 | $503,000 | $2,985,000 | $224,000 | $2,585,000 |
| Collateral | 14 | $5,000,000 | $357,000 | $575,000 | $138,000 | $206,000 |
| Debt-To-Income Ratio | 12 | $6,040,000 | $503,000 | $595,000 | $125,000 | $236,000 |
| Unverifiable Information | 6 | $1,700,000 | $283,000 | $635,000 | $237,000 | $625,000 |
| Employment History | 3 | $2,095,000 | $698,000 | $1,165,000 | $237,000 | $299,000 |
| Other | 2 | $1,420,000 | $710,000 | $1,045,000 | $166,000 | $234,000 |
| Credit History | 1 | $495,000 | $495,000 | $495,000 | $108,000 | $108,000 |
| Credit Application Incomplete | 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 |
Our comprehensive HMDA mortgage statistics provide invaluable insights into Watermark Capital, Inc.'s 2023 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 Watermark Capital, 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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