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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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AMERICAN BENEFIT MORTGAGE, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN BENEFIT MORTGAGE, INC |
| Address | 120 COLUMBIA, SUITE 600
ALISO VIEJO, CA 92656 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 6,868 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,997,473,000 |
| Average Mortgage Loan Amount Applied For | $252,467 |
| Highest Mortgage Loan Amount Applied For | $43,000,000 |
| Average Applicant Income | $61,078 |
| Highest Applicant Income | $1,440,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
3,441 | $1,084,108,000 |
$315,000 | $43,000,000 |
$61,000 | $1,200,000 |
| Refinancing |
3,551 | $944,545,000 |
$265,000 | $3,000,000 |
$67,000 | $1,440,000 |
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| American Indian or Alaskan Native |
1 | $744,000 |
$744,000 | $744,000 |
$68,000 | $68,000 |
| Asian |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
296 | $74,745,000 |
$252,000 | $975,000 |
$71,000 | $168,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
6,687 | $1,951,181,000 |
$291,000 | $43,000,000 |
$64,000 | $1,440,000 |
| White |
8 | $1,983,000 |
$247,000 | $645,000 |
$62,000 | $75,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
6,980 | $2,025,789,000 |
$290,000 | $43,000,000 |
$64,000 | $1,440,000 |
| FHA-insured (Federal Housing Administration) |
3 | $700,000 |
$233,000 | $350,000 |
$65,000 | $75,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
7 | $1,240,000 |
$177,000 | $315,000 |
$69,000 | $110,000 |
| VA-guaranteed (Veterans Administration) |
2 | $924,000 |
$462,000 | $609,000 |
$31,000 | $63,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
5,011 | $1,423,867,000 |
$284,000 | $25,300,000 |
$65,000 | $1,440,000 |
| Application Withdrawn By Applicant |
301 | $77,617,000 |
$257,000 | $1,800,000 |
$55,000 | $343,000 |
| File Closed For Incompleteness |
1,246 | $416,681,000 |
$334,000 | $43,000,000 |
$58,000 | $210,000 |
| Loan Originated |
434 | $110,488,000 |
$254,000 | $1,290,000 |
$71,000 | $204,000 |
| 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 |
7 | $2,946,000 |
$420,000 | $1,632,000 |
$67,000 | $110,000 |
| 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 AMERICAN BENEFIT MORTGAGE, INC by:
Metropolitan Area And
County
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