Lenders › Sun West Mortgage Company, Inc
Sun West Mortgage Company, Inc
HMDA reporter, headquartered in Cerritos, California. Record for calendar year 2024.
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. Figures are from the 2024 public HMDA loan/application register; cells under 25 applications are withheld.
Sun West Mortgage Company, Inc reported 12,552 mortgage applications under the Home Mortgage Disclosure Act for 2024 in 38 states, of which 6,556 became loans it originated, for $2.1bn in total.
Its denial rate, the share of decided applications the lender denied, was 18.0%, below the national rate of 24.3% and below the California rate of 24.8%. 1,453 applications were withdrawn by the applicant and 378 files were closed for incompleteness; those are not counted in the denial rate.
The median rate spread on its originated loans, the difference between the loan's APR and the average prime offer rate, was 0.2 percentage points (national median 0.3); 7.4% of its originations had a spread of 1.5 points or more.
By loan purpose the originations were mostly home purchase (53%) and cash-out refinancing (30%); by loan type, FHA (51%) and conventional (25%).
The largest volumes were in California (1,208 originations), Florida (574 originations) and Texas (772 originations).
Applications were up 20% on 2023.
VA lender statistics list 267 VA-guaranteed loans for the lender in August 2026.
Compared with California and the nation
| Measure | This lender | California, all lenders | United States |
|---|---|---|---|
| Denial rate (denied ÷ decided applications) | 18.0% | 24.8% | 24.3% |
| Median rate spread, percentage points | 0.2 | 0.4 | 0.3 |
| Originations with spread of 1.5 pp or more | 7.4% | 19.9% | 15.6% |
| Average originated loan | $327k | $566k | $329k |
| Home purchase share of originations | 53.2% | 51.2% | 57.0% |
| FHA-insured share of originations | 50.8% | 11.4% | 13.4% |
| VA-guaranteed share of originations | 22.9% | 4.8% | 7.9% |
| Applications withdrawn by applicant | 11.6% | 15.4% | 14.3% |
California is the lender's largest state by applications. State and national columns cover every HMDA reporter. Rate spread is reported on originated loans only.
Trend by year
ApplicationsOriginations
This lenderCaliforniaUnited States
| Year | Applications | Originations | Amount | Denial rate | Median spread | LAR records |
|---|---|---|---|---|---|---|
| 2018 | — | — | — | — | — | 10,046 |
| 2019 | — | — | — | — | — | 17,358 |
| 2020 | — | — | — | — | — | 50,696 |
| 2021 | — | — | — | — | — | 55,343 |
| 2022 | 19,805 | 6,863 | $2.0bn | 23.8% | 0.6 | 20,109 |
| 2023 | 10,484 | 5,170 | $1.4bn | 25.4% | 0.5 | 11,862 |
| 2024 | 12,552 | 6,556 | $2.1bn | 18.0% | 0.2 | 13,345 |
Applications, originations and rates are computed from the public LAR for 2022, 2023, 2024; LAR record counts come from each year's transmittal sheet.
Loan purpose and loan type
By purpose
Home purchase 53% (3,491)Refinancing 17% (1,108)Cash-out refinancing 30% (1,955)Other purpose 0% (2)
By type
Conventional 25% (1,642)FHA 51% (3,332)VA 23% (1,501)USDA 1% (81)
| Loan type | Applications | Originations | Denied | Denial rate (of applications) |
|---|---|---|---|---|
| Conventional | 2,837 | 1,642 | 323 | 11.4% |
| FHA-insured | 7,024 | 3,332 | 1,276 | 18.2% |
| VA-guaranteed | 2,564 | 1,501 | 316 | 12.3% |
| USDA Rural Housing Service or Farm Service Agency guaranteed | 127 | 81 | 10 | 7.9% |
Shares are of originated loans. The per-type denial rate here divides denials by all applications of that type, because decided counts are not kept per type.
Action taken
| HMDA action taken | Records | Share |
|---|---|---|
| 1 Loan originated | 6,556 | 49.1% |
| 2 Application approved but not accepted | 2,240 | 16.8% |
| 3 Application denied | 1,925 | 14.4% |
| 4 Application withdrawn by applicant | 1,453 | 10.9% |
| 5 File closed for incompleteness | 378 | 2.8% |
| 6 Purchased loan | 0 | 0.0% |
| 7 Preapproval request denied | 328 | 2.5% |
| 8 Preapproval request approved but not accepted | 465 | 3.5% |
Codes and labels are the HMDA action-taken codes. Applications are codes 1–5; the denial rate divides code 3 by codes 1–3.
Denial reasons as coded
Share of the lender's 1,925 denials by the first denial reason it coded (outlined bar: all lenders nationally). Lenders may record up to four reasons; only the first is counted here.
States
| State | Applications | Originations | Amount | Denial rate | Median spread |
|---|---|---|---|---|---|
| California | 2,257 | 1,208 | $542m | 16.8% | 0.1 |
| Florida | 1,408 | 574 | $192m | 25.2% | 0.0 |
| Texas | 1,351 | 772 | $208m | 14.6% | 0.3 |
| Arizona | 786 | 433 | $140m | 17.0% | 0.1 |
| Puerto Rico | 530 | 287 | $42m | 13.8% | 0.7 |
| Georgia | 522 | 215 | $61m | 23.8% | 0.2 |
| North Carolina | 414 | 203 | $60m | 20.4% | -0.1 |
| Virginia | 399 | 204 | $72m | 16.2% | -0.0 |
| Colorado | 384 | 194 | $78m | 20.7% | -0.2 |
| Maryland | 325 | 186 | $69m | 16.7% | 0.1 |
| Illinois | 318 | 150 | $40m | 21.4% | 0.3 |
| Tennessee | 277 | 138 | $39m | 15.2% | -0.0 |
| South Carolina | 253 | 170 | $49m | 11.9% | -0.1 |
| Ohio | 241 | 148 | $33m | 11.2% | 0.2 |
| Missouri | 236 | 160 | $40m | 12.6% | 0.5 |
| Louisiana | 219 | 103 | $23m | 22.4% | 0.4 |
| Oklahoma | 196 | 145 | $29m | 8.1% | 0.3 |
| New Jersey | 196 | 96 | $41m | 22.9% | 0.3 |
| Pennsylvania | 195 | 101 | $27m | 18.7% | 0.1 |
| Washington | 190 | 90 | $39m | 22.8% | -0.2 |
| Michigan | 178 | 64 | $13m | 28.2% | 0.7 |
| Nevada | 173 | 108 | $40m | 12.0% | 0.3 |
| Indiana | 161 | 81 | $21m | 24.6% | 0.4 |
| New York | 156 | 68 | $35m | 28.2% | 0.5 |
| Alabama | 133 | 57 | $14m | 21.9% | 0.3 |
| Oregon | 129 | 78 | $31m | 6.4% | -0.1 |
| Utah | 91 | 54 | $23m | 11.1% | -0.0 |
| Minnesota | 90 | 43 | $12m | 10.4% | 0.1 |
| Wisconsin | 87 | 46 | $11m | 16.0% | 0.7 |
| New Mexico | 86 | 43 | $14m | 22.4% | 0.1 |
| Kansas | 85 | 57 | $17m | 14.9% | 0.4 |
| Kentucky | 76 | 48 | $9.0m | 14.5% | 0.3 |
| Idaho | 51 | 29 | $11m | 20.4% | -0.3 |
| Connecticut | 49 | 25 | $8.7m | 20.9% | — |
| Arkansas | 41 | 31 | $7.2m | 5.0% | 0.3 |
| Delaware | 39 | 19 | $5.7m | 29.4% | — |
| West Virginia | 29 | 18 | $4.3m | 16.0% | — |
| Hawaii | 29 | 18 | $10m | 14.8% | — |
States with at least 25 applications. States with 100 or more link to the lender's page for that state.
Counties
| County | State | Applications | Originations | Amount | Denial rate |
|---|---|---|---|---|---|
| Riverside County | CA | 488 | 286 | $126m | 12.3% |
| Maricopa County | AZ | 464 | 277 | $96m | 16.1% |
| Los Angeles County | CA | 388 | 199 | $109m | 19.1% |
| San Bernardino County | CA | 316 | 190 | $74m | 14.4% |
| Tarrant County | TX | 167 | 117 | $29m | 6.8% |
| Harris County | TX | 166 | 93 | $24m | 11.5% |
| Clark County | NV | 128 | 78 | $30m | 13.0% |
| San Diego County | CA | 139 | 76 | $46m | 16.7% |
| Dallas County | TX | 98 | 61 | $14m | 14.6% |
| Cook County | IL | 142 | 57 | $16m | 25.4% |
| Sacramento County | CA | 116 | 56 | $21m | 20.0% |
| Pinal County | AZ | 103 | 56 | $17m | 16.7% |
| Hillsborough County | FL | 127 | 55 | $18m | 19.0% |
| Jackson County | MO | 57 | 47 | $13m | 3.6% |
| Beaufort County | SC | 50 | 45 | $16m | 2.0% |
| El Paso County | CO | 76 | 43 | $17m | 18.8% |
| Baltimore County | MD | 57 | 43 | $15m | 13.5% |
| Fresno County | CA | 83 | 42 | $13m | 14.3% |
| East Baton Rouge Parish | LA | 78 | 42 | $9.1m | 21.3% |
| San Joaquin County | CA | 83 | 41 | $16m | 19.1% |
| Polk County | FL | 96 | 38 | $12m | 24.1% |
| Hidalgo County | TX | 77 | 38 | $6.6m | 12.7% |
| Orange County | CA | 71 | 37 | $19m | 13.6% |
| Kern County | CA | 81 | 35 | $11m | 25.4% |
| Cameron County | TX | 69 | 33 | $6.5m | 19.6% |
| Pinellas County | FL | 58 | 33 | $11m | 18.0% |
| Pima County | AZ | 73 | 32 | $8.8m | 20.3% |
| Collin County | TX | 57 | 32 | $13m | 16.7% |
| Bexar County | TX | 57 | 30 | $8.9m | 10.9% |
| Broward County | FL | 73 | 29 | $11m | 17.7% |
Up to 30 counties with at least 50 applications, by originations.
VA-guaranteed loans by month
All VA loansPurchase
| Month | All | Purchase | Cash-out | IRRRL |
|---|---|---|---|---|
| Aug 2026 | 267 | 66 | 79 | 122 |
| Jul 2026 | 171 | 59 | 49 | 63 |
| Jun 2026 | 184 | 56 | 39 | 89 |
| May 2026 | 268 | 63 | 66 | 139 |
| Apr 2026 | 179 | 31 | 22 | 126 |
| Mar 2026 | 276 | 49 | 60 | 167 |
| Feb 2026 | 220 | 22 | 29 | 169 |
| Jan 2026 | 268 | 41 | 56 | 171 |
| Dec 2025 | 374 | 62 | 83 | 229 |
| Nov 2025 | 260 | 40 | 51 | 169 |
| Oct 2025 | 214 | 33 | 65 | 116 |
| Sep 2025 | 115 | 29 | 43 | 43 |
Fiscal-year totals (VA): FY2018 1,177,215,513 · FY2019 262,406,476 · FY2020 2,261,480,391 · FY2021 2,919,528,442 · FY2022 871,092,038 · FY2023 267,615,466 · FY2024 434,504,401 · FY2025 584,659,972. Matched to the VA lender name "SUN WEST MORTGAGE COMPANY INC"; VA counts loans by guarantee date, HMDA by application year, so the two series differ.
Questions and answers
How many mortgages did Sun West Mortgage Company, Inc originate in 2024?
6,556 loans totalling $2.1bn, from 12,552 applications reported under HMDA. It also purchased 0 loans from other institutions, which are counted separately.
What is Sun West Mortgage Company, Inc's denial rate and how does it compare?
18.0% of decided applications were denied in 2024, against 24.3% nationally and 24.8% in California. 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.
Which counties does Sun West Mortgage Company, Inc lend in most?
By originations: Riverside County, CA (286), Maricopa County, AZ (277), Los Angeles County, CA (199), San Bernardino County, CA (190) and Tarrant County, TX (117).
What loan types does Sun West Mortgage Company, Inc make?
Conventional 1,642, FHA 3,332, VA 1,501 and USDA 81 originations in 2024; by purpose, home purchase 3,491, home improvement 0, refinancing 1,108, cash-out refinancing 1,955 and other purpose 2.
What reasons did Sun West Mortgage Company, Inc report for denials?
The first denial reason recorded most often was debt-to-income ratio (642), credit history (626) and other (512), as coded by the lender in its HMDA filing.
Where does this data come from?
From the 2024 public HMDA loan/application register published by the FFIEC and CFPB, with the lender's name from its HMDA transmittal sheet and VA loan volume from the Department of Veterans Affairs lender statistics. Cells under 25 applications are withheld.
Provenance
Source: Home Mortgage Disclosure Act public loan/application register for 2024 (trend years 2022, 2023, 2024) and transmittal sheets 2018–2024, published by the FFIEC and CFPB at ffiec.cfpb.gov, public domain; VA lender statistics from the Department of Veterans Affairs. Lender identity is the LEI and name on its transmittal sheet. This site was built 30 Sep 2026. Errors in processing are corrected at the next build; see corrections. Data through 1 Aug 2026.