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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 GOLD MORTGAGE CORP.
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN GOLD MORTGAGE CORP. |
| Address | 8350 ARCHIBALD AVENUE, SUITE 222
RANCHO CUCAMONGA, CA 91730 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 1,934 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $523,075,000 |
| Average Mortgage Loan Amount Applied For | $233,542 |
| Highest Mortgage Loan Amount Applied For | $1,425,000 |
| Average Applicant Income | $65,698 |
| Highest Applicant Income | $581,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
542 | $144,858,000 |
$246,111 | $1,425,000 |
$65,055 | $581,000 |
| Refinancing |
1,407 | $381,548,000 |
$227,312 | $1,270,000 |
$54,812 | $540,000 |
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| American Indian or Alaskan Native |
53 | $11,289,000 |
$232,000 | $409,000 |
$53,375 | $235,000 |
| Asian |
135 | $45,703,000 |
$275,666 | $1,000,000 |
$67,916 | $540,000 |
| Black or African American |
49 | $14,400,000 |
$262,363 | $720,000 |
$32,636 | $149,000 |
| Hispanic |
443 | $106,899,000 |
$247,923 | $1,270,000 |
$57,307 | $438,000 |
| Native Hawaiin or Other Pacific Islander |
14 | $5,101,000 |
$331,750 | $606,000 |
$143,750 | $251,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
58 | $14,195,000 |
$213,250 | $825,000 |
$53,125 | $540,000 |
| White |
1,197 | $328,819,000 |
$241,823 | $1,425,000 |
$61,529 | $581,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,946 | $526,141,000 |
$238,555 | $1,425,000 |
$57,166 | $581,000 |
| FHA-insured (Federal Housing Administration) |
3 | $265,000 |
$91,500 | $113,000 |
$34,500 | $38,000 |
| 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 |
463 | $126,396,000 |
$216,352 | $1,000,000 |
$60,764 | $540,000 |
| Application Denied By Financial Institution |
239 | $70,233,000 |
$244,071 | $990,000 |
$42,214 | $480,000 |
| Application Withdrawn By Applicant |
123 | $27,223,000 |
$181,461 | $1,000,000 |
$14,615 | $206,000 |
| File Closed For Incompleteness |
119 | $33,130,000 |
$251,272 | $1,270,000 |
$32,454 | $345,000 |
| Loan Originated |
1,005 | $269,424,000 |
$263,066 | $1,425,000 |
$85,266 | $581,000 |
| 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 |
14 | $3,317,000 |
$128,666 | $638,000 |
$19,666 | $480,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
72 | $18,545,000 |
$180,000 | $676,000 |
$13,000 | $192,000 |
| Debt-To-Income Ratio |
38 | $11,314,000 |
$235,857 | $944,000 |
$57,285 | $235,000 |
| Employment History |
11 | $3,241,000 |
$294,000 | $552,000 |
$78,000 | $300,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
9 | $3,799,000 |
$326,000 | $990,000 |
$64,666 | $192,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
49 | $13,609,000 |
$292,333 | $782,000 |
$25,888 | $210,000 |
| Unverifiable Information |
14 | $5,445,000 |
$451,666 | $612,000 |
$127,000 | $300,000 |
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Mortgage Loan App Totals for AMERICAN GOLD MORTGAGE CORP. by:
Metropolitan Area And
County
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