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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 GUARDIAN FINANCIAL GR
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN GUARDIAN FINANCIAL GR |
| Address | 27 ORCHARD # 100
LAKE FOREST, CA 92630 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2005 |
| Total Number of Mortgage Loan Applications Processed | 1,131 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $292,316,000 |
| Average Mortgage Loan Amount Applied For | $309,892 |
| Highest Mortgage Loan Amount Applied For | $6,800,000 |
| Average Applicant Income | $128,214 |
| Highest Applicant Income | $1,200,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
782 | $175,565,000 |
$155,375 | $6,800,000 |
$84,625 | $1,200,000 |
| Refinancing |
351 | $116,901,000 |
$597,000 | $2,000,000 |
$179,500 | $705,000 |
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| American Indian or Alaskan Native |
9 | $2,347,000 |
$260,000 | $528,000 |
$93,000 | $179,000 |
| Asian |
78 | $25,007,000 |
$315,500 | $1,280,000 |
$130,500 | $435,000 |
| Black or African American |
74 | $18,595,000 |
$274,000 | $950,000 |
$123,500 | $1,170,000 |
| Hispanic |
523 | $108,860,000 |
$171,000 | $1,238,000 |
$91,600 | $461,000 |
| Native Hawaiin or Other Pacific Islander |
14 | $3,108,000 |
$210,000 | $496,000 |
$121,500 | $485,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
150 | $51,049,000 |
$369,250 | $6,800,000 |
$139,250 | $1,200,000 |
| White |
285 | $83,500,000 |
$311,428 | $2,000,000 |
$142,000 | $705,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,133 | $292,466,000 |
$241,250 | $6,800,000 |
$112,750 | $1,200,000 |
| 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 |
243 | $59,533,000 |
$164,714 | $1,296,000 |
$77,000 | $485,000 |
| Application Denied By Financial Institution |
235 | $66,177,000 |
$308,428 | $3,360,000 |
$127,285 | $1,200,000 |
| Application Withdrawn By Applicant |
89 | $32,553,000 |
$302,000 | $6,800,000 |
$121,400 | $1,170,000 |
| File Closed For Incompleteness |
23 | $8,708,000 |
$672,000 | $1,500,000 |
$172,666 | $394,000 |
| Loan Originated |
543 | $125,495,000 |
$190,750 | $1,280,000 |
$158,750 | $1,200,000 |
| 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 |
6 | $1,334,000 |
$222,000 | $560,000 |
$98,000 | $238,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
25 | $7,884,000 |
$302,000 | $3,360,000 |
$150,000 | $1,200,000 |
| Debt-To-Income Ratio |
6 | $1,873,000 |
$196,500 | $624,000 |
$61,500 | $102,000 |
| Employment History |
12 | $2,447,000 |
$192,000 | $452,000 |
$116,000 | $240,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
24 | $7,079,000 |
$208,000 | $1,040,000 |
$86,500 | $406,000 |
| Unverifiable Information |
5 | $1,825,000 |
$365,000 | $697,000 |
$201,000 | $229,000 |
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Mortgage Loan App Totals for AMERICAN GUARDIAN FINANCIAL GR by:
Metropolitan Area And
County
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