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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 LOANS
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN HOME LOANS |
| Address | 17991 COWAN
IRVINE, CA 92614 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,864 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $685,661,000 |
| Average Mortgage Loan Amount Applied For | $194,645 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $94,624 |
| Highest Applicant Income | $1,116,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,371 | $294,049,000 |
$214,000 | $1,088,000 |
$127,000 | $1,020,000 |
| Refinancing |
1,493 | $391,612,000 |
$262,000 | $2,000,000 |
$127,000 | $1,116,000 |
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| American Indian or Alaskan Native |
8 | $2,065,000 |
$258,000 | $424,000 |
$117,000 | $132,000 |
| Asian |
104 | $30,154,000 |
$289,000 | $938,000 |
$165,000 | $540,000 |
| Black or African American |
344 | $65,080,000 |
$189,000 | $1,000,000 |
$101,000 | $480,000 |
| Hispanic |
924 | $221,020,000 |
$239,000 | $1,000,000 |
$128,000 | $888,000 |
| Native Hawaiin or Other Pacific Islander |
27 | $10,210,000 |
$378,000 | $1,399,000 |
$207,000 | $504,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
724 | $170,744,000 |
$235,000 | $2,000,000 |
$121,000 | $1,020,000 |
| White |
733 | $186,388,000 |
$254,000 | $1,950,000 |
$137,000 | $1,116,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,864 | $685,661,000 |
$239,000 | $2,000,000 |
$127,000 | $1,116,000 |
| 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 |
981 | $231,171,000 |
$235,000 | $1,625,000 |
$130,000 | $900,000 |
| Application Denied By Financial Institution |
721 | $175,317,000 |
$243,000 | $1,950,000 |
$133,000 | $1,116,000 |
| Application Withdrawn By Applicant |
237 | $56,394,000 |
$237,000 | $2,000,000 |
$121,000 | $504,000 |
| File Closed For Incompleteness |
23 | $6,753,000 |
$293,000 | $720,000 |
$130,000 | $228,000 |
| Loan Originated |
902 | $216,026,000 |
$239,000 | $1,000,000 |
$121,000 | $622,000 |
| 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 |
116 | $26,747,000 |
$230,000 | $1,950,000 |
$133,000 | $692,000 |
| Credit Application Incomplete |
3 | $685,000 |
$228,000 | $388,000 |
$198,000 | $214,000 |
| Credit History |
256 | $61,111,000 |
$238,000 | $1,200,000 |
$127,000 | $1,116,000 |
| Debt-To-Income Ratio |
65 | $19,232,000 |
$295,000 | $840,000 |
$131,000 | $429,000 |
| Employment History |
12 | $2,120,000 |
$176,000 | $792,000 |
$75,000 | $156,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $504,000 |
$504,000 | $504,000 |
$174,000 | $174,000 |
| Mortgage Insurance Denied |
1 | $78,000 |
$78,000 | $78,000 |
$111,000 | $111,000 |
| Other |
218 | $53,814,000 |
$246,000 | $1,000,000 |
$142,000 | $888,000 |
| Unverifiable Information |
49 | $11,026,000 |
$225,000 | $637,000 |
$133,000 | $273,000 |
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Mortgage Loan App Totals for AMERICAN HOME LOANS by:
Metropolitan Area And
County
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