Xceed Financial Mortgage Lending & HMDA Data, 2016

In 2016, Xceed Financial of El Segundo, CA reported 979 mortgage applications totaling $328.8 million, down 7% from 2015. The average application was for $335,899, and applicants reported an average income of $124,597. 53% of its applications resulted in an originated loan and 14% were denied. Its largest markets were Rochester, NY (253), Los Angeles-Long Beach-Glendale, CA (147) and San Francisco-Redwood City-South San Francisco, CA (50) (applications in parentheses).

Mortgage Company & Address Xceed Financial
888 N. Nash St
El Segundo, CA 90245
Tel #: available with data download
Federal Regulator * available with data download
Years 2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 979
Total Mortgage Loan Application Amount $328,846,000
Average Mortgage Loan Application Amount $335,899
Highest Mortgage Loan Application Amount $4,000,000
Average Applicant Income $124,597
Highest Applicant Income $2,635,000

About this data: figures come from the Home Mortgage Disclosure Act (HMDA) records Xceed Financial filed with the FFIEC and count every application it reported (approved, denied, withdrawn or purchased), not just closed loans.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 Xceed Financial by County in 2016

County Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loans Applications Average Mortgage Loan Application Amount Average Applicant Income
Monroe, New York 208 $ 23,713,000 $ 114,004 $ 87,000
Los Angeles, California 147 $ 77,729,000 $ 528,768 $ 152,000
Alameda, California 34 $ 21,875,000 $ 643,382 $ 182,000
San Mateo, California 34 $ 26,326,000 $ 774,294 $ 161,000
Wayne, New York 29 $ 2,692,000 $ 92,827 $ 61,000
Santa Clara, California 28 $ 16,021,000 $ 572,178 $ 153,000
Denton, Texas 23 $ 4,857,000 $ 211,173 $ 86,000
Orange, California 16 $ 7,415,000 $ 463,437 $ 171,000
San Francisco, California 16 $ 15,306,000 $ 956,625 $ 174,000
San Bernardino, California 14 $ 3,762,000 $ 268,714 $ 129,000
Dallas, Texas 13 $ 2,393,000 $ 184,076 $ 51,000
Contra Costa, California 12 $ 4,720,000 $ 393,333 $ 127,000
Riverside, California 11 $ 2,470,000 $ 224,545 $ 242,000
Maricopa, Arizona 10 $ 3,043,000 $ 304,300 $ 99,000
Tarrant, Texas 8 $ 1,551,000 $ 193,875 $ 103,000
San Joaquin, California 7 $ 1,523,000 $ 217,571 $ 95,000
Morris, New Jersey 7 $ 1,139,000 $ 162,714 $ 93,000
Livingston, New York 7 $ 1,096,000 $ 156,571 $ 96,000
Ontario, New York 7 $ 777,000 $ 111,000 $ 94,000
Wake, North Carolina 7 $ 1,883,000 $ 269,000 $ 142,000
Sacramento, California 6 $ 1,734,000 $ 289,000 $ 59,000
Fairfield, Connecticut 6 $ 1,166,000 $ 194,333 $ 99,000
Essex, New Jersey 6 $ 1,165,000 $ 194,166 $ 165,000
Placer, California 5 $ 5,213,000 $ 1,042,600 $ 204,000
San Diego, California 5 $ 2,184,000 $ 436,800 $ 167,000
Pinellas, Florida 5 $ 582,000 $ 116,400 $ 77,000
Bergen, New Jersey 5 $ 1,833,000 $ 366,600 $ 135,000
Cook, Illinois 4 $ 776,000 $ 194,000 $ 134,000
Clark, Nevada 4 $ 576,000 $ 144,000 $ 62,000
Somerset, New Jersey 4 $ 1,293,000 $ 323,250 $ 129,000
Erie, New York 4 $ 739,000 $ 184,750 $ 103,000
Onondaga, New York 4 $ 747,000 $ 186,750 $ 157,000
Collin, Texas 4 $ 745,000 $ 186,250 $ 116,000
Travis, Texas 4 $ 1,303,000 $ 325,750 $ 59,000
King, Washington 4 $ 2,357,000 $ 589,250 $ 225,000
Fresno, California 3 $ 2,549,000 $ 849,666 $ 68,000
Santa Cruz, California 3 $ 1,991,000 $ 663,666 $ 411,000
Solano, California 3 $ 1,275,000 $ 425,000 $ 40,000
Fulton, Georgia 3 $ 243,000 $ 81,000 $ 112,000
Nassau, New York 3 $ 1,853,000 $ 617,666 $ 537,000
Mecklenburg, North Carolina 3 $ 488,000 $ 162,666 $ 124,000
Clackamas, Oregon 3 $ 1,322,000 $ 440,666 $ 201,000
Dauphin, Pennsylvania 3 $ 437,000 $ 145,666 $ 75,000
Fort Bend, Texas 3 $ 595,000 $ 198,333 $ 79,000
Fairfax, Virginia 3 $ 748,000 $ 249,333 $ 112,000
Calaveras, California 2 $ 272,000 $ 136,000 $ 31,000
Kern, California 2 $ 377,000 $ 188,500 $ 40,000
Merced, California 2 $ 465,000 $ 232,500 $ 54,000
Mono, California 2 $ 2,014,000 $ 1,007,000 $ 455,000
Adams, Colorado 2 $ 837,000 $ 418,500 $ 0
Hillsborough, Florida 2 $ 263,000 $ 131,500 $ 41,000
Lee, Florida 2 $ 268,000 $ 134,000 $ 71,000
Miami-Dade, Florida 2 $ 261,000 $ 130,500 $ 68,000
Palm Beach, Florida 2 $ 134,000 $ 67,000 $ 114,000
Sarasota, Florida 2 $ 419,000 $ 209,500 $ 223,000
Sumter, Florida 2 $ 303,000 $ 151,500 $ 86,000
Cobb, Georgia 2 $ 556,000 $ 278,000 $ 127,000
Peoria, Illinois 2 $ 86,000 $ 43,000 $ 59,000
Prince George's, Maryland 2 $ 347,000 $ 173,500 $ 66,000
Plymouth, Massachusetts 2 $ 288,000 $ 144,000 $ 34,000
Kent, Michigan 2 $ 76,000 $ 38,000 $ 103,000
Hinds, Mississippi 2 $ 95,000 $ 47,500 $ 77,000
St. Louis City, Missouri 2 $ 387,000 $ 193,500 $ 159,000
Burlington, New Jersey 2 $ 338,000 $ 169,000 $ 81,000
Passaic, New Jersey 2 $ 546,000 $ 273,000 $ 70,000
Union, New Jersey 2 $ 412,000 $ 206,000 $ 73,000
Genesee, New York 2 $ 229,000 $ 114,500 $ 108,000
Ulster, New York 2 $ 120,000 $ 60,000 $ 14,000
Dare, North Carolina 2 $ 508,000 $ 254,000 $ 57,000
Harnett, North Carolina 2 $ 379,000 $ 189,500 $ 81,000
Lane, Oregon 2 $ 420,000 $ 210,000 $ 124,000
Washington, Oregon 2 $ 475,000 $ 237,500 $ 71,000
Allegheny, Pennsylvania 2 $ 174,000 $ 87,000 $ 49,000
Burnet, Texas 2 $ 400,000 $ 200,000 $ 88,000
Comal, Texas 2 $ 439,000 $ 219,500 $ 122,000
Grayson, Texas 2 $ 336,000 $ 168,000 $ 70,000
Harris, Texas 2 $ 512,000 $ 256,000 $ 127,000
Williamson, Texas 2 $ 498,000 $ 249,000 $ 116,000
Butte, California 1 $ 260,000 $ 260,000 $ 94,000
Kings, California 1 $ 840,000 $ 840,000 $ 0
Marin, California 1 $ 780,000 $ 780,000 $ 200,000
Monterey, California 1 $ 1,280,000 $ 1,280,000 $ 491,000
Plumas, California 1 $ 320,000 $ 320,000 $ 644,000
San Benito, California 1 $ 341,000 $ 341,000 $ 79,000
Sonoma, California 1 $ 369,000 $ 369,000 $ 292,000
Stanislaus, California 1 $ 269,000 $ 269,000 $ 89,000
Ventura, California 1 $ 162,000 $ 162,000 $ 169,000
Duval, Florida 1 $ 2,850,000 $ 2,850,000 $ 0
Leon, Florida 1 $ 1,652,000 $ 1,652,000 $ 0
Manatee, Florida 1 $ 257,000 $ 257,000 $ 82,000
Marion, Florida 1 $ 112,000 $ 112,000 $ 51,000
Martin, Florida 1 $ 200,000 $ 200,000 $ 140,000
Orange, Florida 1 $ 128,000 $ 128,000 $ 43,000
Osceola, Florida 1 $ 471,000 $ 471,000 $ 0
St. Lucie, Florida 1 $ 230,000 $ 230,000 $ 171,000
Walton, Florida 1 $ 111,000 $ 111,000 $ 148,000
Bartow, Georgia 1 $ 30,000 $ 30,000 $ 112,000
Cherokee, Georgia 1 $ 26,000 $ 26,000 $ 85,000
DeKalb, Georgia 1 $ 117,000 $ 117,000 $ 155,000
Forsyth, Georgia 1 $ 417,000 $ 417,000 $ 0
Canyon, Idaho 1 $ 115,000 $ 115,000 $ 57,000
Kendall, Illinois 1 $ 215,000 $ 215,000 $ 235,000
Will, Illinois 1 $ 130,000 $ 130,000 $ 73,000
Sedgwick, Kansas 1 $ 68,000 $ 68,000 $ 28,000
Jefferson, Kentucky 1 $ 64,000 $ 64,000 $ 65,000
Kenton, Kentucky 1 $ 2,500,000 $ 2,500,000 $ 0
Orleans, Louisiana 1 $ 99,000 $ 99,000 $ 182,000
Baltimore City, Maryland 1 $ 319,000 $ 319,000 $ 152,000
Montgomery, Maryland 1 $ 516,000 $ 516,000 $ 180,000
Essex, Massachusetts 1 $ 183,000 $ 183,000 $ 80,000
Norfolk, Massachusetts 1 $ 666,000 $ 666,000 $ 240,000
Worcester, Massachusetts 1 $ 118,000 $ 118,000 $ 130,000
Oakland, Michigan 1 $ 221,000 $ 221,000 $ 122,000
Cheyenne, Nebraska 1 $ 205,000 $ 205,000 $ 75,000
Gloucester, New Jersey 1 $ 40,000 $ 40,000 $ 45,000
Hunterdon, New Jersey 1 $ 332,000 $ 332,000 $ 146,000
Middlesex, New Jersey 1 $ 341,000 $ 341,000 $ 116,000
Monmouth, New Jersey 1 $ 329,000 $ 329,000 $ 132,000
Ocean, New Jersey 1 $ 188,000 $ 188,000 $ 225,000
San Juan, New Mexico 1 $ 200,000 $ 200,000 $ 177,000
Santa Fe, New Mexico 1 $ 472,000 $ 472,000 $ 115,000
Albany, New York 1 $ 100,000 $ 100,000 $ 84,000
Cayuga, New York 1 $ 47,000 $ 47,000 $ 65,000
Chenango, New York 1 $ 50,000 $ 50,000 $ 206,000
Dutchess, New York 1 $ 246,000 $ 246,000 $ 117,000
Kings, New York 1 $ 790,000 $ 790,000 $ 0
New York, New York 1 $ 28,000 $ 28,000 $ 390,000
Orange, New York 1 $ 336,000 $ 336,000 $ 160,000
Orleans, New York 1 $ 92,000 $ 92,000 $ 101,000
Rockland, New York 1 $ 160,000 $ 160,000 $ 0
Seneca, New York 1 $ 69,000 $ 69,000 $ 52,000
Steuben, New York 1 $ 108,000 $ 108,000 $ 41,000
Suffolk, New York 1 $ 88,000 $ 88,000 $ 109,000
Washington, New York 1 $ 144,000 $ 144,000 $ 71,000
Yates, New York 1 $ 220,000 $ 220,000 $ 151,000
Guilford, North Carolina 1 $ 104,000 $ 104,000 $ 50,000
Johnston, North Carolina 1 $ 128,000 $ 128,000 $ 86,000
Cuyahoga, Ohio 1 $ 76,000 $ 76,000 $ 77,000
Hamilton, Ohio 1 $ 116,000 $ 116,000 $ 130,000
Lorain, Ohio 1 $ 268,000 $ 268,000 $ 186,000
Rogers, Oklahoma 1 $ 165,000 $ 165,000 $ 93,000
Clatsop, Oregon 1 $ 594,000 $ 594,000 $ 247,000
Polk, Oregon 1 $ 118,000 $ 118,000 $ 41,000
Berks, Pennsylvania 1 $ 30,000 $ 30,000 $ 85,000
Bucks, Pennsylvania 1 $ 322,000 $ 322,000 $ 135,000
Chester, Pennsylvania 1 $ 417,000 $ 417,000 $ 138,000
Franklin, Pennsylvania 1 $ 158,000 $ 158,000 $ 46,000
Monroe, Pennsylvania 1 $ 117,000 $ 117,000 $ 60,000
Potter, Pennsylvania 1 $ 90,000 $ 90,000 $ 68,000
Wayne, Pennsylvania 1 $ 120,000 $ 120,000 $ 68,000
York, Pennsylvania 1 $ 224,000 $ 224,000 $ 107,000
Charleston, South Carolina 1 $ 264,000 $ 264,000 $ 219,000
Lancaster, South Carolina 1 $ 219,000 $ 219,000 $ 100,000
Oconee, South Carolina 1 $ 88,000 $ 88,000 $ 19,000
Richland, South Carolina 1 $ 230,000 $ 230,000 $ 105,000
Humphreys, Tennessee 1 $ 68,000 $ 68,000 $ 34,000
Rutherford, Tennessee 1 $ 166,000 $ 166,000 $ 57,000
Shelby, Tennessee 1 $ 241,000 $ 241,000 $ 177,000
Wilson, Tennessee 1 $ 229,000 $ 229,000 $ 96,000
Brazoria, Texas 1 $ 184,000 $ 184,000 $ 72,000
El Paso, Texas 1 $ 56,000 $ 56,000 $ 4,000
Henderson, Texas 1 $ 119,000 $ 119,000 $ 86,000
Johnson, Texas 1 $ 125,000 $ 125,000 $ 56,000
Llano, Texas 1 $ 175,000 $ 175,000 $ 82,000
Young, Texas 1 $ 214,000 $ 214,000 $ 145,000
Weber, Utah 1 $ 1,260,000 $ 1,260,000 $ 0
Windsor, Vermont 1 $ 210,000 $ 210,000 $ 285,000
Albemarle, Virginia 1 $ 210,000 $ 210,000 $ 77,000
Alexandria, Virginia 1 $ 684,000 $ 684,000 $ 240,000
Loudoun, Virginia 1 $ 128,000 $ 128,000 $ 136,000
Prince William, Virginia 1 $ 249,000 $ 249,000 $ 101,000
Stafford, Virginia 1 $ 334,000 $ 334,000 $ 60,000
Island, Washington 1 $ 405,000 $ 405,000 $ 481,000
Kitsap, Washington 1 $ 508,000 $ 508,000 $ 175,000
Snohomish, Washington 1 $ 310,000 $ 310,000 $ 150,000
Thurston, Washington 1 $ 294,000 $ 294,000 $ 76,000
Milwaukee, Wisconsin 1 $ 53,000 $ 53,000 $ 114,000

Mortgage Loan Application Detail Totals for Xceed Financial in 2016

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 611 $189,151,000 $309,000 $4,000,000 $111,000 $625,000
Home Purchase 310 $132,668,000 $427,000 $3,000,000 $156,000 $2,635,000
Home Improvement 58 $7,027,000 $121,000 $1,820,000 $100,000 $464,000

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 429 $94,094,000 $219,000 $2,270,000 $109,000 $770,000
Not Provided 327 $149,479,000 $457,000 $3,000,000 $158,000 $2,635,000
Hispanic 85 $25,100,000 $295,000 $790,000 $111,000 $384,000
Asian 70 $29,977,000 $428,000 $1,400,000 $136,000 $317,000
Black or African American 49 $7,841,000 $160,000 $608,000 $84,000 $315,000
Not applicable 13 $18,750,000 $1,442,000 $4,000,000 $0 $0
American Indian or Alaskan Native 4 $3,292,000 $823,000 $1,348,000 $119,000 $242,000
Native Hawaiin or Other Pacific Islander 2 $313,000 $156,000 $198,000 $49,000 $57,000

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) 979 $328,846,000 $335,000 $4,000,000 $125,000 $2,635,000
FHA-insured (Federal Housing Administration) 0 $0 $0 $0 $0 $0
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 516 $182,711,000 $354,000 $4,000,000 $130,000 $2,635,000
Application Withdrawn By Applicant 179 $58,030,000 $324,000 $1,890,000 $127,000 $932,000
Application Denied By Financial Institution 134 $38,865,000 $290,000 $2,500,000 $93,000 $556,000
File Closed For Incompleteness 62 $17,907,000 $288,000 $1,282,000 $89,000 $390,000
Application Approved But Not Accepted 52 $14,303,000 $275,000 $1,845,000 $128,000 $508,000
Preapproval Approved but not Accepted 36 $17,030,000 $473,000 $2,730,000 $214,000 $2,414,000
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
Debt-To-Income Ratio 48 $11,574,000 $241,000 $1,200,000 $59,000 $230,000
Credit History 34 $7,963,000 $234,000 $625,000 $127,000 $556,000
Collateral 21 $7,874,000 $374,000 $2,500,000 $77,000 $177,000
Other 21 $5,741,000 $273,000 $1,500,000 $125,000 $500,000
Unverifiable Information 3 $2,020,000 $673,000 $1,400,000 $171,000 $297,000
Employment History 2 $443,000 $221,000 $245,000 $66,000 $91,000
Insufficient Cash (Downpayment, Closing Cost) 2 $172,000 $86,000 $118,000 $94,000 $130,000
Mortgage Insurance Denied 1 $990,000 $990,000 $990,000 $200,000 $200,000
Credit Application Incomplete 1 $2,000,000 $2,000,000 $2,000,000 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Xceed Financial's 2016 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 Xceed Financial'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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