AAPI Purchase Mortgage Volume and Borrower Income by Subgroup

This chart shows how purchase mortgage dollar volume and median borrower income vary across Asian, Native Hawaiian, and Pacific Islander borrower groups. The largest category is “Asian, no subgroup,” with $107.59 billion in purchase volume and median borrower income of $154K. “No subgroup” refers to applicants who identified within a broad race category but did not specify a more detailed race or ethnicity category.

The chart also includes “Other Asian” and “Other Pacific Islander.” These categories refer to applicants who had the option to provide more detail in a free-form text field.

For lenders, the practical takeaway is that AAPI market opportunity is not monolithic. Asian Indian borrowers show $12.23 billion in volume and $200K median income, while Chinese borrowers show $2.80 billion and $204K median income. Smaller Native Hawaiian and Pacific Islander segments may require more localized outreach, product fit analysis, and community partnerships.

The business value is in combining subgroup data with geography, channel, pricing, credit, and product performance to understand where a lender is under-penetrating, over-concentrated, or missing borrower needs.