|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
AMERIWEST FINANCIAL INC
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
AMERIWEST FINANCIAL INC |
| Address | 3780 ROSIN CT STE 240
SACRAMENTO, CA 95834 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,977 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $791,240,000 |
| Average Mortgage Loan Amount Applied For | $239,883 |
| Highest Mortgage Loan Amount Applied For | $1,710,000 |
| Average Applicant Income | $59,716 |
| Highest Applicant Income | $555,000 |
|
|
|
| Home Improvement |
10 | $977,000 |
$97,000 | $130,000 |
$89,000 | $196,000 |
| Home Purchase |
3 | $764,000 |
$254,000 | $450,000 |
$51,000 | $90,000 |
| Refinancing |
2,964 | $789,499,000 |
$266,000 | $1,710,000 |
$62,000 | $555,000 |
|
|
| American Indian or Alaskan Native |
1 | $200,000 |
$200,000 | $200,000 |
$49,000 | $49,000 |
| Asian |
4 | $1,310,000 |
$327,000 | $570,000 |
$120,000 | $240,000 |
| Black or African American |
13 | $3,269,000 |
$251,000 | $515,000 |
$51,000 | $80,000 |
| Hispanic |
26 | $6,816,000 |
$262,000 | $592,000 |
$71,000 | $184,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $1,205,000 |
$301,000 | $621,000 |
$81,000 | $144,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2,859 | $762,671,000 |
$266,000 | $1,710,000 |
$62,000 | $555,000 |
| White |
70 | $15,769,000 |
$225,000 | $650,000 |
$57,000 | $240,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,974 | $790,420,000 |
$265,000 | $1,710,000 |
$62,000 | $555,000 |
| FHA-insured (Federal Housing Administration) |
1 | $279,000 |
$279,000 | $279,000 |
$42,000 | $42,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $453,000 |
$453,000 | $453,000 |
$97,000 | $97,000 |
| VA-guaranteed (Veterans Administration) |
1 | $88,000 |
$88,000 | $88,000 |
$23,000 | $23,000 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
1,646 | $459,924,000 |
$279,000 | $1,710,000 |
$57,000 | $555,000 |
| Application Withdrawn By Applicant |
1,318 | $328,779,000 |
$249,000 | $1,400,000 |
$69,000 | $438,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
13 | $2,537,000 |
$195,000 | $393,000 |
$69,000 | $152,000 |
| 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 |
|
|
| Collateral |
268 | $77,535,000 |
$289,000 | $1,300,000 |
$68,000 | $336,000 |
| Credit Application Incomplete |
83 | $19,580,000 |
$235,000 | $944,000 |
$62,000 | $366,000 |
| Credit History |
312 | $75,434,000 |
$241,000 | $1,325,000 |
$57,000 | $555,000 |
| Debt-To-Income Ratio |
426 | $131,649,000 |
$309,000 | $828,000 |
$47,000 | $204,000 |
| Employment History |
17 | $3,172,000 |
$186,000 | $450,000 |
$57,000 | $156,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
104 | $31,682,000 |
$304,000 | $990,000 |
$48,000 | $240,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
117 | $33,887,000 |
$289,000 | $832,000 |
$65,000 | $501,000 |
| Unverifiable Information |
24 | $7,401,000 |
$308,000 | $1,710,000 |
$74,000 | $462,000 |
|
Mortgage Loan App Totals for AMERIWEST FINANCIAL INC by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
