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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 INVESTMENT ASSOC, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
AMERICAN INVESTMENT ASSOC, INC |
| Address | 22632 GOLDEN SPRINGS DR # 150 DIAMOND BAR, CA 91765 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 1,317 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $308,361,000 |
| Average Mortgage Loan Amount Applied For | $223,176 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $96,823 |
| Highest Applicant Income | $1,800,000 |
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| Home Improvement (one-to-four family) |
5 | $1,175,000 |
$235,000 | $304,000 |
$100,000 | $144,000 |
| Home Purchase (one-to-four family) |
242 | $54,452,000 |
$179,000 | $1,000,000 |
$96,666 | $458,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
1,072 | $253,380,000 |
$212,500 | $987,000 |
$139,500 | $1,800,000 |
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| American Indian or Alaskan Native |
34 | $9,518,000 |
$279,000 | $720,000 |
$96,000 | $420,000 |
| Asian or Pacific Islander |
767 | $180,002,000 |
$184,666 | $1,000,000 |
$142,000 | $1,800,000 |
| Black |
5 | $1,082,000 |
$216,000 | $272,000 |
$106,000 | $138,000 |
| Hispanic |
30 | $6,287,000 |
$204,500 | $464,000 |
$90,500 | $336,000 |
| Information not provided by applicant in mail or telephone application |
19 | $4,722,000 |
$248,000 | $445,000 |
$97,000 | $156,000 |
| Not applicable |
271 | $61,038,000 |
$225,000 | $650,000 |
$47,000 | $432,000 |
| Other |
32 | $7,619,000 |
$238,000 | $476,000 |
$74,000 | $348,000 |
| White |
161 | $38,739,000 |
$201,000 | $750,000 |
$107,500 | $406,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,319 | $309,007,000 |
$185,666 | $1,000,000 |
$115,333 | $1,800,000 |
| 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 |
1 | $60,000 |
$60,000 | $60,000 |
$134,000 | $134,000 |
| Application Denied By Financial Institution |
1 | $50,000 |
$50,000 | $50,000 |
$39,000 | $39,000 |
| Application Withdrawn By Applicant |
3 | $245,000 |
$81,000 | $150,000 |
$106,000 | $132,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,314 | $308,652,000 |
$185,666 | $1,000,000 |
$115,000 | $1,800,000 |
| Loan Purchased By The 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 INVESTMENT ASSOC, INC by:
Metropolitan Area And
County
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