Summit Funding, Inc.
Mortgage Loan Application
Totals and Details
for 2016

Find mortgage loan statistics, lending data, and loan application totals for California.
The mortgage statistics and data below are specific to mortgage loan applications for Summit Funding, Inc..
Search for mortgage lenders by state, county, or metropolitan area
and explore the loan application details and stats broken down by several loan categories from 2003-2022.

Mortgage Company & Address Summit Funding, Inc.
2241 Harvard St, Suite 200
Sacramento, CA 95815
Tel #: available with data download
Federal Regulator * available with data download
Years 2022  2021  2020  2019  2018  2017  2016  2015  2014  2013  2012  2011  2010  2009  
Total Number of Mortgage Applications 23,139
Total Mortgage Loan Application Amount $5,917,690,000
Average Mortgage Loan Application Amount $279,000
Highest Mortgage Loan Application Amount $2,500,000
Average Applicant Income $94,333
Highest Applicant Income $8,678,000

Overall mortgage application loan totals and averages for this lender are provided for each year by county, metro area, and the entire US.
The loan data is broken down by loan purpose, loan type, applicant race, application outcome, and denial reason. With this information, you can get a detailed view of locations where the mortgage lender is actively processing applications as well as the types and outcomes of loans from these applications.
As you search for mortgage loan stats and lending data in CA, the totals and averages will help you understand where the lender does business as well as the volume of business they do.

Mortgage Loan Application Totals for Summit Funding, Inc. by Metropolitan Area in 2016

Metro Area Total Number of Mortgage Loan Applications Total Dollar Amount of Mortgage Loan Applications Average Mortgage Loan Application Amount Average Applicant Income
SACRAMENTO--ROSEVILLE--ARDEN-ARCADE, CA 2,719 $ 782,312,000 $ 287,000 $ 101,000
TUCSON, AZ 1,514 $ 233,783,000 $ 154,000 $ 65,000
OAKLAND-HAYWARD-BERKELEY, CA 1,336 $ 494,917,000 $ 370,000 $ 122,000
STOCKTON-LODI, CA 1,138 $ 286,614,000 $ 251,000 $ 90,000
WARREN-TROY-FARMINGTON HILLS, MI 1,055 $ 207,097,000 $ 196,000 $ 89,000
RENO, NV 876 $ 215,937,000 $ 246,000 $ 97,000
CHICO, CA 869 $ 204,174,000 $ 234,000 $ 91,000
EUGENE, OR 799 $ 179,034,000 $ 224,000 $ 88,000
PHOENIX-MESA-SCOTTSDALE, AZ 762 $ 159,443,000 $ 209,000 $ 84,000
KENNEWICK-RICHLAND, WA 678 $ 104,438,000 $ 154,000 $ 70,000
CINCINNATI, OH-KY-IN 653 $ 96,901,000 $ 145,000 $ 73,000
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA 644 $ 161,295,000 $ 250,000 $ 94,000
ANAHEIM-SANTA ANA-IRVINE, CA 630 $ 299,952,000 $ 476,000 $ 154,000
NASHVILLE-DAVIDSON--MURFREESBORO--FRANKLIN, TN 605 $ 132,068,000 $ 218,000 $ 85,000
CHARLOTTE-CONCORD-GASTONIA, NC-SC 586 $ 106,135,000 $ 185,000 $ 72,500
SANTA ROSA, CA 488 $ 190,747,000 $ 390,000 $ 120,000
SALINAS, CA 371 $ 144,449,000 $ 389,000 $ 134,000
PORTLAND-VANCOUVER-HILLSBORO, OR-WA 360 $ 102,367,000 $ 274,500 $ 96,000
SAN DIEGO-CARLSBAD, CA 358 $ 148,551,000 $ 414,000 $ 111,000
VALLEJO-FAIRFIELD, CA 347 $ 100,320,000 $ 289,000 $ 96,000
NEW ORLEANS-METAIRIE, LA 312 $ 68,107,000 $ 218,000 $ 94,000
LOS ANGELES-LONG BEACH-GLENDALE, CA 293 $ 119,129,000 $ 406,000 $ 140,000
CHICAGO-NAPERVILLE-ARLINGTON HEIGHTS, IL 279 $ 90,295,000 $ 323,000 $ 137,000
MODESTO, CA 263 $ 43,384,000 $ 164,000 $ 75,000
DENVER-AURORA-LAKEWOOD, CO 239 $ 64,098,000 $ 268,000 $ 88,000
MERCED, CA 236 $ 55,054,000 $ 233,000 $ 78,000
DALLAS-PLANO-IRVING, TX 234 $ 50,180,000 $ 214,000 $ 105,000
REDDING, CA 214 $ 44,884,000 $ 209,000 $ 77,000
DETROIT-DEARBORN-LIVONIA, MI 210 $ 32,015,000 $ 152,000 $ 72,000
SAN JOSE-SUNNYVALE-SANTA CLARA, CA 184 $ 91,661,000 $ 498,000 $ 144,000
MEDFORD, OR 159 $ 32,995,000 $ 207,000 $ 78,000
SANTA MARIA-SANTA BARBARA, CA 139 $ 46,712,000 $ 336,000 $ 111,000
BEND-REDMOND, OR 127 $ 36,235,000 $ 285,000 $ 102,000
ATLANTA-SANDY SPRINGS-ROSWELL, GA 122 $ 25,612,000 $ 209,000 $ 95,000
BATON ROUGE, LA 115 $ 18,791,000 $ 163,000 $ 61,000
YUBA CITY, CA 104 $ 22,767,000 $ 218,000 $ 75,000
SAN FRANCISCO-REDWOOD CITY-SOUTH SAN FRANCISCO, CA 103 $ 55,868,000 $ 542,000 $ 161,000
LEWISTON, ID-WA 91 $ 14,337,000 $ 156,500 $ 68,500
OXNARD-THOUSAND OAKS-VENTURA, CA 86 $ 35,740,000 $ 415,000 $ 146,000
FLINT, MI 85 $ 13,761,000 $ 161,000 $ 82,000
URBAN HONOLULU, HI 80 $ 36,708,000 $ 458,000 $ 123,000
LAS VEGAS-HENDERSON-PARADISE, NV 70 $ 13,928,000 $ 198,000 $ 85,000
SPOKANE-SPOKANE VALLEY, WA 67 $ 10,517,000 $ 156,000 $ 59,000
COLUMBUS, OH 60 $ 9,401,000 $ 156,000 $ 58,000
FRESNO, CA 57 $ 11,809,000 $ 207,000 $ 82,000
SANTA CRUZ-WATSONVILLE, CA 57 $ 24,520,000 $ 430,000 $ 125,000
ANN ARBOR, MI 53 $ 10,508,000 $ 198,000 $ 107,000
GREELEY, CO 53 $ 13,822,000 $ 260,000 $ 83,000
PORTLAND-SOUTH PORTLAND, ME 53 $ 11,863,000 $ 223,000 $ 143,000
HAMMOND, LA 35 $ 5,537,000 $ 158,000 $ 60,000
SIERRA VISTA-DOUGLAS, AZ 33 $ 3,943,000 $ 119,000 $ 46,000
SAN RAFAEL, CA 32 $ 20,620,000 $ 644,000 $ 205,000
NAPA, CA 31 $ 11,508,000 $ 371,000 $ 134,000
ALBANY, OR 30 $ 5,023,000 $ 167,000 $ 60,000
FORT WORTH-ARLINGTON, TX 28 $ 5,426,000 $ 193,000 $ 90,000
HICKORY-LENOIR-MORGANTON, NC 24 $ 3,975,000 $ 165,000 $ 106,000
HOUSTON-THE WOODLANDS-SUGAR LAND, TX 23 $ 4,191,000 $ 182,000 $ 112,000
SAN LUIS OBISPO-PASO ROBLES-ARROYO GRANDE, CA 23 $ 10,420,000 $ 453,000 $ 142,000
GRANTS PASS, OR 19 $ 3,545,000 $ 186,000 $ 65,000
LAKE HAVASU CITY-KINGMAN, AZ 19 $ 2,744,000 $ 144,000 $ 86,000
CARSON CITY, NV 18 $ 3,567,000 $ 198,000 $ 72,000
LAKE COUNTY-KENOSHA COUNTY, IL-WI 17 $ 5,366,000 $ 315,000 $ 140,000
PRESCOTT, AZ 15 $ 2,908,000 $ 193,000 $ 75,000
WALLA WALLA, WA 15 $ 2,247,000 $ 149,000 $ 56,000
BAKERSFIELD, CA 14 $ 3,070,000 $ 219,000 $ 86,000
BURLINGTON, NC 14 $ 1,743,000 $ 124,000 $ 44,000
SALEM, OR 14 $ 2,854,000 $ 203,000 $ 73,000
WINSTON-SALEM, NC 13 $ 2,238,000 $ 172,000 $ 92,000
MONROE, MI 12 $ 2,236,000 $ 186,000 $ 69,000
SEATTLE-BELLEVUE-EVERETT, WA 12 $ 3,137,000 $ 261,000 $ 247,000
FORT COLLINS, CO 11 $ 2,933,000 $ 266,000 $ 76,000
MADERA, CA 11 $ 2,952,000 $ 268,000 $ 135,000
DURHAM-CHAPEL HILL, NC 10 $ 2,070,000 $ 207,000 $ 125,000
YAKIMA, WA 9 $ 912,000 $ 101,000 $ 61,000
JACKSON, MI 8 $ 890,000 $ 111,000 $ 55,000
CLARKSVILLE, TN-KY 7 $ 1,095,000 $ 156,000 $ 61,000
ELGIN, IL 7 $ 1,361,000 $ 194,000 $ 92,000
GRAND RAPIDS-WYOMING, MI 7 $ 1,621,000 $ 231,000 $ 105,000
COEUR D'ALENE, ID 6 $ 1,406,000 $ 234,000 $ 119,000
GAINESVILLE, GA 6 $ 1,669,000 $ 278,000 $ 94,000
LANSING-EAST LANSING, MI 6 $ 1,238,000 $ 206,000 $ 93,000
OLYMPIA-TUMWATER, WA 6 $ 1,447,000 $ 241,000 $ 77,000
VISALIA-PORTERVILLE, CA 6 $ 1,144,000 $ 190,000 $ 82,000
WILMINGTON, NC 6 $ 1,670,000 $ 278,000 $ 150,000
CORVALLIS, OR 5 $ 1,764,000 $ 352,000 $ 112,000
FLAGSTAFF, AZ 5 $ 829,000 $ 165,000 $ 100,000
HANFORD-CORCORAN, CA 5 $ 1,631,000 $ 326,000 $ 116,000
TACOMA-LAKEWOOD, WA 5 $ 1,603,000 $ 320,000 $ 131,000
CLEVELAND-ELYRIA, OH 4 $ 945,000 $ 236,000 $ 81,000
COLORADO SPRINGS, CO 4 $ 1,134,000 $ 283,000 $ 82,000
GREENSBORO-HIGH POINT, NC 4 $ 602,000 $ 150,000 $ 167,000
LEWISTON-AUBURN, ME 4 $ 564,000 $ 141,000 $ 61,000
DAYTON, OH 3 $ 484,000 $ 161,000 $ 83,000
EL CENTRO, CA 3 $ 690,000 $ 230,000 $ 91,000
GARY, IN 3 $ 534,000 $ 178,000 $ 182,000
KAHULUI-WAILUKU-LAHAINA, HI 3 $ 1,398,000 $ 466,000 $ 77,000
KNOXVILLE, TN 3 $ 489,000 $ 163,000 $ 63,000
LIMA, OH 3 $ 158,000 $ 52,000 $ 279,000
LOUISVILLE/JEFFERSON COUNTY, KY-IN 3 $ 720,000 $ 240,000 $ 121,000
RALEIGH, NC 3 $ 468,000 $ 156,000 $ 40,000
WENATCHEE, WA 3 $ 764,000 $ 254,000 $ 160,000
BOISE CITY, ID 2 $ 257,000 $ 128,000 $ 46,000
BOULDER, CO 2 $ 428,000 $ 214,000 $ 237,000
CHARLESTON-NORTH CHARLESTON, SC 2 $ 800,000 $ 400,000 $ 187,000
GULFPORT-BILOXI-PASCAGOULA, MS 2 $ 389,000 $ 194,000 $ 76,000
INDIANAPOLIS-CARMEL-ANDERSON, IN 2 $ 410,000 $ 205,000 $ 138,000
KILLEEN-TEMPLE, TX 2 $ 390,000 $ 195,000 $ 91,000
KINGSPORT-BRISTOL-BRISTOL, TN-VA 2 $ 146,000 $ 73,000 $ 30,000
LAKE CHARLES, LA 2 $ 513,000 $ 256,000 $ 57,000
LEXINGTON-FAYETTE, KY 2 $ 124,000 $ 62,000 $ 59,000
LONGVIEW, WA 2 $ 414,000 $ 207,000 $ 59,000
MADISON, WI 2 $ 801,000 $ 400,000 $ 276,000
MEMPHIS, TN-MS-AR 2 $ 454,000 $ 227,000 $ 135,000
MICHIGAN CITY-LA PORTE, IN 2 $ 381,000 $ 190,000 $ 72,000
MYRTLE BEACH-CONWAY-NORTH MYRTLE BEACH, SC-NC 2 $ 386,000 $ 193,000 $ 27,000
ORLANDO-KISSIMMEE-SANFORD, FL 2 $ 349,000 $ 174,000 $ 47,000
PUEBLO, CO 2 $ 261,000 $ 130,000 $ 98,000
SAVANNAH, GA 2 $ 761,000 $ 380,000 $ 182,000
SHERMAN-DENISON, TX 2 $ 496,000 $ 248,000 $ 95,000
STAUNTON-WAYNESBORO, VA 2 $ 252,000 $ 126,000 $ 30,000
ASHEVILLE, NC 1 $ 152,000 $ 152,000 $ 34,000
BANGOR, ME 1 $ 164,000 $ 164,000 $ 35,000
BEAUMONT-PORT ARTHUR, TX 1 $ 108,000 $ 108,000 $ 39,000
BREMERTON-SILVERDALE, WA 1 $ 416,000 $ 416,000 $ 127,000
CANTON-MASSILLON, OH 1 $ 130,000 $ 130,000 $ 46,000
CHAMPAIGN-URBANA, IL 1 $ 135,000 $ 135,000 $ 50,000
CHATTANOOGA, TN-GA 1 $ 151,000 $ 151,000 $ 53,000
COLLEGE STATION-BRYAN, TX 1 $ 355,000 $ 355,000 $ 175,000
DAPHNE-FAIRHOPE-FOLEY, AL 1 $ 149,000 $ 149,000 $ 424,000
GREENVILLE-ANDERSON-MAULDIN, SC 1 $ 110,000 $ 110,000 $ 73,000
HILTON HEAD ISLAND-BLUFFTON-BEAUFORT, SC 1 $ 309,000 $ 309,000 $ 372,000
HUNTSVILLE, AL 1 $ 300,000 $ 300,000 $ 197,000
JACKSON, MS 1 $ 350,000 $ 350,000 $ 91,000
LAKELAND-WINTER HAVEN, FL 1 $ 195,000 $ 195,000 $ 70,000
MIAMI-MIAMI BEACH-KENDALL, FL 1 $ 230,000 $ 230,000 $ 48,000
MIDLAND, MI 1 $ 180,000 $ 180,000 $ 93,000
MILWAUKEE-WAUKESHA-WEST ALLIS, WI 1 $ 147,000 $ 147,000 $ 132,000
MONROE, LA 1 $ 255,000 $ 255,000 $ 121,000
MUSKEGON, MI 1 $ 126,000 $ 126,000 $ 68,000
SAGINAW, MI 1 $ 211,000 $ 211,000 $ 92,000
SAN ANTONIO-NEW BRAUNFELS, TX 1 $ 263,000 $ 263,000 $ 129,000
SHREVEPORT-BOSSIER CITY, LA 1 $ 250,000 $ 250,000 $ 83,000
TOLEDO, OH 1 $ 153,000 $ 153,000 $ 148,000
WEST PALM BEACH-BOCA RATON-DELRAY BEACH, FL 1 $ 196,000 $ 196,000 $ 97,000
YUMA, AZ 1 $ 73,000 $ 73,000 $ 33,000

The mortgage data stats below are displayed in sortable categories such as loan purpose, race of mortgage applicant, loan type, the outcome of the application, and reason for denial.
Each category breaks down the total number of mortgage applications, the total dollar amount for those applications, the average mortgage amount, the highest mortgage loan applied for within that category, the average income of the mortgage applicants, and the highest income of the mortgage applicants.
You can also download the entire list of mortgage lenders along with their aggregated lending data for the state of California, and search the same numbers and information back through 2003.

Mortgage Loan Application Detail Totals for Summit Funding, Inc. 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
Home Purchase 17,044 $4,184,918,000 $245,000 $2,500,000 $92,000 $8,678,000
Refinancing 6,085 $1,729,683,000 $284,000 $2,410,000 $104,000 $2,818,000
Home Improvement 10 $3,089,000 $308,000 $525,000 $87,000 $125,000

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 16,202 $4,195,852,000 $258,000 $2,500,000 $99,000 $8,678,000
Hispanic 3,573 $795,632,000 $222,000 $2,150,000 $73,000 $1,494,000
Black or African American 1,252 $286,447,000 $228,000 $1,088,000 $79,000 $581,000
Asian 1,182 $380,061,000 $321,000 $2,410,000 $114,000 $1,935,000
Not Provided 605 $175,520,000 $290,000 $1,880,000 $119,000 $2,372,000
Native Hawaiin or Other Pacific Islander 188 $49,061,000 $260,000 $673,000 $96,000 $441,000
American Indian or Alaskan Native 128 $32,446,000 $253,000 $628,000 $89,000 $400,000
Not applicable 9 $2,671,000 $296,000 $417,000 $74,000 $120,000

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) 14,129 $3,742,828,000 $264,000 $2,500,000 $110,000 $8,678,000
FHA-insured (Federal Housing Administration) 6,617 $1,522,738,000 $230,000 $1,221,000 $72,000 $857,000
VA-guaranteed (Veterans Administration) 1,965 $578,311,000 $294,000 $1,158,000 $78,000 $741,000
FSA/RHS (Farm Service Agency or Rural Housing Service) 428 $73,813,000 $172,000 $694,000 $55,000 $428,000

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 16,541 $4,189,498,000 $253,000 $2,146,000 $94,000 $2,175,000
Application Withdrawn By Applicant 5,360 $1,395,029,000 $260,000 $2,500,000 $101,000 $8,678,000
Application Denied By Financial Institution 911 $244,928,000 $268,000 $1,650,000 $94,000 $864,000
Application Approved But Not Accepted 291 $76,609,000 $263,000 $2,410,000 $95,000 $733,000
File Closed For Incompleteness 36 $11,626,000 $322,000 $1,000,000 $111,000 $686,000
Loan Purchased By The Institution 0 $0 $0 $0 $0 $0
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
Other 264 $66,398,000 $251,000 $1,650,000 $94,000 $525,000
Debt-To-Income Ratio 59 $20,460,000 $346,000 $1,125,000 $99,000 $396,000
Credit History 52 $15,326,000 $294,000 $1,120,000 $91,000 $300,000
Credit Application Incomplete 49 $17,457,000 $356,000 $800,000 $140,000 $497,000
Collateral 43 $8,506,000 $197,000 $515,000 $71,000 $220,000
Employment History 20 $6,745,000 $337,000 $808,000 $121,000 $357,000
Unverifiable Information 13 $4,058,000 $312,000 $1,000,000 $93,000 $238,000
Insufficient Cash (Downpayment, Closing Cost) 6 $1,930,000 $321,000 $594,000 $62,000 $124,000
Mortgage Insurance Denied 0 $0 $0 $0 $0 $0

These totals and details for mortgage applications will give you a better idea of what to expect when researching mortgage lenders. Whether you are looking for a home loan, for home refinancing, or for home improvement loan statistics, we have the information you need. This mortgage loan data gives you everything you need to know as you start your search for the best lenders in CA, and gives you an idea of what the best mortgage lenders really are.

If you prefer, you can download a copy of the entire list of mortgage lenders in California, and search similar information at your convenience.

Download the California Lender List