San Mateo County CA
Mortgage Loan Application
Totals and Details
for 2016

Years 2016  2015  2014  2013  2012  2011  2010  2009  2008  2007  2006  2005  2004  2003  
Total Number of Mortgage Applications 40,529
Total Mortgage Loan Application Amount $27,452,366,000
Average Mortgage Loan Application Amount $677,000
Highest Mortgage Loan Application Amount $99,999,000
Average Applicant Income $196,000
Highest Applicant Income $9,999,000
Download the California Lender List

Mortgage Loan Application Detail Totals for San Mateo County CA 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 30,233 $18,449,822,000 $610,000 $99,999,000 $184,000 $8,700,000
Home Purchase 7,946 $7,474,185,000 $940,000 $99,999,000 $245,000 $9,999,000
Home Improvement 2,350 $1,528,359,000 $650,000 $57,324,000 $193,000 $5,357,000

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 16,747 $11,824,937,000 $706,000 $20,000,000 $226,000 $9,999,000
Asian 11,068 $7,014,928,000 $633,000 $99,999,000 $195,000 $8,023,000
Not Provided 5,709 $3,858,363,000 $675,000 $9,720,000 $231,000 $8,164,000
Hispanic 3,118 $1,516,954,000 $486,000 $3,100,000 $138,000 $4,160,000
Not applicable 2,891 $2,742,993,000 $948,000 $99,999,000 $47,000 $1,552,000
Native Hawaiin or Other Pacific Islander 461 $216,560,000 $469,000 $1,820,000 $121,000 $1,200,000
Black or African American 435 $223,147,000 $512,000 $3,080,000 $137,000 $1,140,000
American Indian or Alaskan Native 100 $54,484,000 $544,000 $2,830,000 $170,000 $524,000

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) 38,761 $26,498,944,000 $683,000 $99,999,000 $202,000 $9,999,000
FHA-insured (Federal Housing Administration) 1,008 $475,055,000 $471,000 $988,000 $80,000 $2,500,000
VA-guaranteed (Veterans Administration) 757 $476,946,000 $630,000 $1,950,000 $82,000 $1,680,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 3 $1,421,000 $473,000 $725,000 $163,000 $239,000

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 23,977 $16,964,461,000 $707,000 $57,324,000 $220,000 $9,999,000
Application Denied By Financial Institution 5,526 $3,391,508,000 $613,000 $49,220,000 $161,000 $5,047,000
Application Withdrawn By Applicant 4,466 $3,125,380,000 $699,000 $99,999,000 $206,000 $8,023,000
Loan Purchased By The Institution 4,182 $2,494,113,000 $596,000 $54,360,000 $101,000 $2,159,000
File Closed For Incompleteness 1,551 $921,325,000 $594,000 $6,000,000 $187,000 $8,700,000
Application Approved But Not Accepted 827 $555,579,000 $671,000 $12,000,000 $205,000 $3,044,000
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
Debt-To-Income Ratio 1,365 $1,012,993,000 $742,000 $49,220,000 $135,000 $1,995,000
Credit Application Incomplete 571 $323,049,000 $565,000 $2,500,000 $174,000 $1,320,000
Credit History 527 $303,739,000 $576,000 $4,000,000 $175,000 $1,724,000
Collateral 361 $247,571,000 $685,000 $7,949,000 $217,000 $2,750,000
Other 324 $213,482,000 $658,000 $8,000,000 $201,000 $3,013,000
Unverifiable Information 207 $136,969,000 $661,000 $13,200,000 $207,000 $5,047,000
Insufficient Cash (Downpayment, Closing Cost) 116 $104,757,000 $903,000 $3,506,000 $243,000 $2,344,000
Employment History 40 $24,532,000 $613,000 $1,795,000 $202,000 $600,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0
Download the California Lender List