Lenders › Montecito Bank and Trust › California
Montecito Bank and Trust in California
HMDA record for properties in California, calendar year 2024. National record · California overview
HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws. The data do not include some legitimate credit risk considerations for loan approval and loan pricing decisions. Cells under 25 applications are withheld.
Montecito Bank and Trust's 2024 HMDA record for California covers 155 applications, 75 of them originated, worth $55m.
Its denial rate in the state was 34.7%, above the California rate of 24.8% across all lenders and compared with the lender's national rate of 34.7%.
Applications in the state were up 14% on 2023.
Compared with the state and the lender's national record
| Measure | In California | California, all lenders | Montecito Bank and Trust, all states | United States |
|---|---|---|---|---|
| Denial rate | 34.7% | 24.8% | 34.7% | 24.3% |
| Median rate spread, pp | — | 0.4 | — | 0.3 |
| Originations with spread of 1.5 pp or more | — | 19.9% | — | 15.6% |
| Average originated loan | $735k | $566k | $735k | $329k |
| Home purchase share | 66.7% | 51.2% | 66.7% | 57.0% |
| FHA-insured share | 0.0% | 11.4% | 0.0% | 13.4% |
| VA-guaranteed share | 0.0% | 4.8% | 0.0% | 7.9% |
Trend by year
ApplicationsOriginations
This lender in stateCalifornia, all lenders
Loan purpose and loan type in California
By purpose
Home purchase 67% (50)Home improvement 3% (2)Refinancing 21% (16)Cash-out refinancing 3% (2)Other purpose 7% (5)
By type
Conventional 100% (75)
Denial reasons as coded
Share of 42 denials in California by first denial reason coded (outlined bar: all lenders in the state).
Counties in California
| County | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|
| Santa Barbara County | 109 | 54 | $39m | 33.3% |
| Ventura County | 34 | 15 | $11m | — |
Counties with at least 25 applications, by originations.
Questions and answers
How many mortgages did Montecito Bank and Trust originate in California in 2024?
75 loans totalling $55m, from 155 applications reported for properties in California.
What is Montecito Bank and Trust's denial rate in California?
34.7% of decided applications in California were denied, against 24.8% for all lenders in the state and 34.7% for this lender nationally. HMDA data alone cannot be used to determine whether a lender is complying with fair lending laws.
Which California counties does Montecito Bank and Trust lend in most?
By originations: Santa Barbara County (54), Ventura County (15).
Where does this data come from?
From the 2024 public HMDA loan/application register (FFIEC and CFPB), filtered to the lender's LEI and the property state. Cells under 25 applications are withheld.
Provenance
Source: HMDA public loan/application register 2022, 2023, 2024 (FFIEC and CFPB, public domain), records for this LEI with a property in California. Built 30 Sep 2026; data through 1 Aug 2026. See methodology and corrections.