Open Bank
HMDA Loan Application Totals
and Mortgage Lending Details
for 2018

Open Bank 2018 HMDA loan application data provides key insights into its mortgage lending trends, applicant demographics, and loan distribution.
The Home Mortgage Disclosure Act (HMDA) requires lenders to report detailed loan application data, offering transparency into lending patterns.
The data reveals trends in average loan size, applicant income, and mortgage approval rates, helping consumers and analysts understand lending accessibility.

Below, explore a breakdown of loan applications by county, metro area, loan purpose, applicant race, loan type, and more.
Whether you're an industry professional, homebuyer, or researcher, this information provides valuable insights into mortgage lending activity.
Scroll down to view the full dataset and analyze lending trends in greater detail.

Mortgage Company & Address Open Bank
1000 Wilshire Blvd. Suite 100
Los Angeles, CA 90017
Tel #: available with data download
Federal Regulator * available with data download
Years 2023  2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  
Total Number of Mortgage Applications 139
Total Mortgage Loan Application Amount $61,515,000
Average Mortgage Loan Application Amount $434,666
Highest Mortgage Loan Application Amount $1,005,000
Average Applicant Income $170,333
Highest Applicant Income $1,563,000

Explore comprehensive HMDA mortgage statistics and lending trends for 2018 with Open Bank. Below, you'll find key insights into this lender's mortgage activity, including total loan applications, average mortgage amounts, highest application values, and income levels of top applicants. Whether you're analyzing Open Bank's lending patterns or researching mortgage trends, these statistics provide valuable transparency into their loan activity.

Our HMDA dataset for 2018 breaks down Open Bank's mortgage applications by loan purpose, applicant race, loan type, approval outcomes, and reasons for denial. These insights help homebuyers, financial analysts, and industry professionals assess borrower demographics and lending practices, offering a clearer view of how Open Bank serves its applicants.

Each category highlights the total number of mortgage applications processed by Open Bank, total loan amounts, average mortgage values, and the highest mortgage amounts recorded. You can also review borrower income trends, including the average and highest reported applicant incomes for loans issued by this lender. Whether you're evaluating lender performance, comparing mortgage approval rates, or exploring loan options, this HMDA-backed data offers a crucial look at Open Bank's mortgage activity for 2018.

Mortgage Loan Application Totals for Open Bank by Metropolitan Area in 2018

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 74 $ 34,210,000 $ 462,000 $ 171,000
ANAHEIM-SANTA ANA-IRVINE, CA 39 $ 18,515,000 $ 474,000 $ 162,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 19 $ 6,195,000 $ 326,000 $ 129,000
OAKLAND-HAYWARD-BERKELEY, CA 4 $ 1,000,000 $ 250,000 $ 217,000
SAN DIEGO-CARLSBAD, CA 2 $ 970,000 $ 485,000 $ 184,000
SAN FRANCISCO-REDWOOD CITY-SOUTH SAN FRANCISCO, CA 1 $ 625,000 $ 625,000 $ 153,000

Mortgage Loan Application Detail Totals for Open Bank in 2018

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 109 $48,745,000 $447,000 $1,005,000 $163,000 $1,563,000
Refinancing 18 $7,420,000 $412,000 $985,000 $158,000 $379,000
Cash-out Refinancing 12 $5,350,000 $445,000 $905,000 $190,000 $541,000
Home Improvement 0 $0 $0 $0 $0 $0
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
Asian 136 $59,760,000 $439,000 $1,005,000 $161,000 $1,563,000
American Indian or Alaskan Native 1 $365,000 $365,000 $365,000 $226,000 $226,000
White 1 $1,005,000 $1,005,000 $1,005,000 $635,000 $635,000
Hispanic 1 $385,000 $385,000 $385,000 $96,000 $96,000
Native Hawaiian or Other Pacific Islander 0 $0 $0 $0 $0 $0
Not applicable 0 $0 $0 $0 $0 $0
Not Provided 0 $0 $0 $0 $0 $0
Black or African American 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) 139 $61,515,000 $442,000 $1,005,000 $164,000 $1,563,000
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 117 $53,405,000 $456,000 $1,005,000 $168,000 $1,563,000
Application Withdrawn By Applicant 14 $5,630,000 $402,000 $875,000 $164,000 $258,000
Application Denied By Financial Institution 5 $1,235,000 $247,000 $305,000 $117,000 $300,000
Application Approved But Not Accepted 1 $625,000 $625,000 $625,000 $0 $0
File Closed For Incompleteness 1 $415,000 $415,000 $415,000 $115,000 $115,000
Preapproval Approved but not Accepted 1 $205,000 $205,000 $205,000 $57,000 $57,000
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 139 $61,515,000 $442,000 $1,005,000 $164,000 $1,563,000
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
Not applicable 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
Credit History 0 $0 $0 $0 $0 $0

Our comprehensive HMDA mortgage statistics provide invaluable insights into Open Bank's 2018 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 Open Bank'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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