Local lending intelligence · HMDA 2023–2025
Mortgage and lending data for Monterey County, California
Every institution that decided a 1–4 unit mortgage application in Monterey County, home to Salinas, between 2023 and 2025: 14,147 applications, 10,164 loans actually funded, across 8 kinds of borrowing.
Monterey County at a glance
14,147Applications decided
2023–2025
10,164Loans funded
72% of decisions
103Census tracts
22 ZIP codes
435,834People
ACS 2023
What the data shows
The typical purchase mortgage here is $615K.
Investment home improvement is the hardest money to get here: lenders approved 46% of 183 applications.
Lending by loan type in Monterey County
| Loan type | Approval | Decided | Typical loan | Taken up | Lenders |
|---|---|---|---|---|---|
| Mortgage lenders | 86.5% | 5,577 | $615K | 95% | 276 |
| Home improvement loans | 56.3% | 2,070 | $115K | 92% | 104 |
| Cash-out refinance | 69.0% | 2,760 | $255K | 95% | 201 |
| Refinance | 76.4% | 1,688 | $555K | 92% | 194 |
| Investment property purchase | 88.1% | 945 | $685K | 96% | 163 |
| Investment cash-out refinance | 72.9% | 512 | $405K | 91% | 121 |
| Investment refinance | 78.6% | 412 | $405K | 95% | 110 |
| Investment home improvement | 46.5% | 183 | $205K | 92% | 52 |
Approval is the share of decided applications lenders approved; taken up is the share of approvals borrowers accepted. How the numbers work.