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| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
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2020 MORTGAGE, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
2020 MORTGAGE, INC. |
| Address | 9444 WAPLES ST. SUITE 280
SAN DIEGO, CA 92121 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 480 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $156,778,000 |
| Average Mortgage Loan Amount Applied For | $303,583 |
| Highest Mortgage Loan Amount Applied For | $1,013,000 |
| Average Applicant Income | $85,555 |
| Highest Applicant Income | $1,215,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
8 | $2,742,000 |
$342,000 | $675,000 |
$114,000 | $268,000 |
| Refinancing |
472 | $154,036,000 |
$326,000 | $1,013,000 |
$94,000 | $1,215,000 |
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| American Indian or Alaskan Native |
5 | $1,114,000 |
$222,000 | $330,000 |
$60,000 | $98,000 |
| Asian |
16 | $5,861,000 |
$366,000 | $880,000 |
$109,000 | $270,000 |
| Black or African American |
46 | $15,714,000 |
$341,000 | $536,000 |
$89,000 | $268,000 |
| Hispanic |
85 | $25,540,000 |
$300,000 | $684,000 |
$89,000 | $518,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $2,356,000 |
$471,000 | $735,000 |
$124,000 | $258,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
3 | $1,451,000 |
$483,000 | $574,000 |
$102,000 | $123,000 |
| White |
320 | $104,742,000 |
$327,000 | $1,013,000 |
$95,000 | $1,215,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
480 | $156,778,000 |
$326,000 | $1,013,000 |
$94,000 | $1,215,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
20 | $6,669,000 |
$333,000 | $779,000 |
$82,000 | $243,000 |
| Application Withdrawn By Applicant |
53 | $17,084,000 |
$322,000 | $855,000 |
$88,000 | $333,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
407 | $133,025,000 |
$326,000 | $1,013,000 |
$95,000 | $1,215,000 |
| 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 |
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| Collateral |
10 | $2,563,000 |
$256,000 | $775,000 |
$65,000 | $133,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $2,171,000 |
$310,000 | $640,000 |
$94,000 | $243,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
1 | $386,000 |
$386,000 | $386,000 |
$58,000 | $58,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $779,000 |
$779,000 | $779,000 |
$166,000 | $166,000 |
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Mortgage Loan App Totals for 2020 MORTGAGE, INC. by:
Metropolitan Area And
County
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