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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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ALL FUND MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
ALL FUND MORTGAGE |
| Address | 8808 PACIFIC AVE.
TACOMA, WA 98444 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,885 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $347,928,000 |
| Average Mortgage Loan Amount Applied For | $166,028 |
| Highest Mortgage Loan Amount Applied For | $1,470,000 |
| Average Applicant Income | $78,879 |
| Highest Applicant Income | $1,920,000 |
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| Home Improvement |
6 | $916,000 |
$152,000 | $423,000 |
$85,000 | $135,000 |
| Home Purchase |
366 | $57,521,000 |
$157,000 | $800,000 |
$99,000 | $1,920,000 |
| Refinancing |
1,513 | $289,491,000 |
$191,000 | $1,470,000 |
$84,000 | $1,620,000 |
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| American Indian or Alaskan Native |
6 | $986,000 |
$164,000 | $250,000 |
$77,000 | $114,000 |
| Asian |
52 | $12,992,000 |
$249,000 | $700,000 |
$131,000 | $307,000 |
| Black or African American |
504 | $76,071,000 |
$150,000 | $1,040,000 |
$63,000 | $288,000 |
| Hispanic |
192 | $41,612,000 |
$216,000 | $620,000 |
$86,000 | $600,000 |
| Native Hawaiin or Other Pacific Islander |
10 | $2,387,000 |
$238,000 | $632,000 |
$79,000 | $159,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
275 | $55,560,000 |
$202,000 | $800,000 |
$84,000 | $780,000 |
| White |
846 | $158,320,000 |
$187,000 | $1,470,000 |
$99,000 | $1,920,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,794 | $334,554,000 |
$186,000 | $1,470,000 |
$88,000 | $1,920,000 |
| FHA-insured (Federal Housing Administration) |
83 | $11,689,000 |
$140,000 | $320,000 |
$51,000 | $145,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
3 | $548,000 |
$182,000 | $252,000 |
$64,000 | $90,000 |
| VA-guaranteed (Veterans Administration) |
5 | $1,137,000 |
$227,000 | $293,000 |
$79,000 | $138,000 |
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| Application Approved But Not Accepted |
33 | $4,483,000 |
$135,000 | $333,000 |
$56,000 | $93,000 |
| Application Denied By Financial Institution |
335 | $58,458,000 |
$174,000 | $1,470,000 |
$75,000 | $872,000 |
| Application Withdrawn By Applicant |
1,023 | $191,404,000 |
$187,000 | $1,400,000 |
$86,000 | $1,920,000 |
| File Closed For Incompleteness |
72 | $12,312,000 |
$171,000 | $600,000 |
$70,000 | $420,000 |
| Loan Originated |
422 | $81,271,000 |
$192,000 | $1,256,000 |
$103,000 | $1,045,000 |
| 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 |
17 | $2,219,000 |
$130,000 | $241,000 |
$61,000 | $120,000 |
| Credit Application Incomplete |
1 | $157,000 |
$157,000 | $157,000 |
$108,000 | $108,000 |
| Credit History |
120 | $17,703,000 |
$147,000 | $620,000 |
$50,000 | $224,000 |
| Debt-To-Income Ratio |
35 | $6,635,000 |
$189,000 | $1,000,000 |
$85,000 | $624,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $207,000 |
$103,000 | $139,000 |
$28,000 | $29,000 |
| Mortgage Insurance Denied |
2 | $365,000 |
$182,000 | $292,000 |
$82,000 | $82,000 |
| Other |
28 | $5,789,000 |
$206,000 | $530,000 |
$90,000 | $387,000 |
| Unverifiable Information |
4 | $690,000 |
$172,000 | $360,000 |
$70,000 | $96,000 |
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Mortgage Loan App Totals for ALL FUND MORTGAGE by:
Metropolitan Area And
County
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