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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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ABSOLUTE LENDING, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
ABSOLUTE LENDING, INC |
| Address | 3101 WEST 38TH AVENUE
DENVER, CO 80211 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 64 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,482,000 |
| Average Mortgage Loan Amount Applied For | $187,000 |
| Highest Mortgage Loan Amount Applied For | $266,000 |
| Average Applicant Income | $56,428 |
| Highest Applicant Income | $115,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
19 | $3,115,000 |
$163,000 | $266,000 |
$54,000 | $96,000 |
| Refinancing |
45 | $8,367,000 |
$185,000 | $246,000 |
$50,000 | $115,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
1 | $213,000 |
$213,000 | $213,000 |
$65,000 | $65,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
61 | $10,915,000 |
$178,000 | $266,000 |
$51,000 | $115,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
2 | $354,000 |
$177,000 | $195,000 |
$58,000 | $66,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5 | $776,000 |
$155,000 | $232,000 |
$51,000 | $66,000 |
| FHA-insured (Federal Housing Administration) |
59 | $10,706,000 |
$181,000 | $266,000 |
$51,000 | $115,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
64 | $11,482,000 |
$179,000 | $266,000 |
$51,000 | $115,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for ABSOLUTE LENDING, INC by:
Metropolitan Area And
County
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