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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 HOME EQUITY CORPORATI
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN HOME EQUITY CORPORATI |
| Address | 2677 NORTH MAIN STREET, #225
SANTA ANA, CA 92705 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 3,366 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $764,995,000 |
| Average Mortgage Loan Amount Applied For | $160,893 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $127,959 |
| Highest Applicant Income | $2,367,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,138 | $332,598,000 |
$292,000 | $2,120,000 |
$155,000 | $2,367,000 |
| Refinancing |
2,228 | $432,397,000 |
$194,000 | $3,000,000 |
$133,000 | $2,170,000 |
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| American Indian or Alaskan Native |
17 | $3,328,000 |
$195,000 | $632,000 |
$140,000 | $530,000 |
| Asian |
217 | $50,490,000 |
$232,000 | $1,050,000 |
$140,000 | $548,000 |
| Black or African American |
351 | $80,654,000 |
$229,000 | $1,430,000 |
$121,000 | $954,000 |
| Hispanic |
855 | $199,802,000 |
$233,000 | $1,855,000 |
$119,000 | $1,440,000 |
| Native Hawaiin or Other Pacific Islander |
43 | $9,951,000 |
$231,000 | $608,000 |
$133,000 | $420,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
563 | $118,282,000 |
$210,000 | $2,600,000 |
$133,000 | $1,020,000 |
| White |
1,320 | $302,488,000 |
$229,000 | $3,000,000 |
$164,000 | $2,367,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,366 | $764,995,000 |
$227,000 | $3,000,000 |
$141,000 | $2,367,000 |
| 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 |
753 | $162,144,000 |
$215,000 | $2,600,000 |
$139,000 | $1,948,000 |
| Application Denied By Financial Institution |
1,220 | $297,552,000 |
$243,000 | $1,890,000 |
$151,000 | $2,170,000 |
| Application Withdrawn By Applicant |
329 | $84,659,000 |
$257,000 | $3,000,000 |
$161,000 | $2,367,000 |
| File Closed For Incompleteness |
114 | $30,436,000 |
$266,000 | $1,680,000 |
$163,000 | $780,000 |
| Loan Originated |
950 | $190,204,000 |
$200,000 | $1,489,000 |
$119,000 | $900,000 |
| 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 |
124 | $31,731,000 |
$255,000 | $1,500,000 |
$142,000 | $570,000 |
| Credit Application Incomplete |
10 | $2,065,000 |
$206,000 | $580,000 |
$70,000 | $223,000 |
| Credit History |
328 | $79,813,000 |
$243,000 | $1,890,000 |
$138,000 | $576,000 |
| Debt-To-Income Ratio |
40 | $8,987,000 |
$224,000 | $1,200,000 |
$115,000 | $299,000 |
| Employment History |
31 | $6,173,000 |
$199,000 | $998,000 |
$165,000 | $443,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
12 | $3,314,000 |
$276,000 | $532,000 |
$118,000 | $216,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
253 | $75,168,000 |
$297,000 | $1,350,000 |
$184,000 | $2,170,000 |
| Unverifiable Information |
100 | $29,295,000 |
$292,000 | $1,500,000 |
$183,000 | $954,000 |
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Mortgage Loan App Totals for AMERICAN HOME EQUITY CORPORATI by:
Metropolitan Area And
County
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