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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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AURORA LOAN SERVICES
Mortgage Loans and Application Details
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| Mortgage Company Name |
AURORA LOAN SERVICES |
| Address | 10350 PARK MEADOWS DRIVE
LITTLETON, CO 80124 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 8,545 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $955,304,000 |
| Average Mortgage Loan Amount Applied For | $94,345 |
| Highest Mortgage Loan Amount Applied For | $700,000 |
| Average Applicant Income | $22,242 |
| Highest Applicant Income | $2,956,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
411 | $59,522,000 |
$133,500 | $413,000 |
$57,750 | $2,880,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
8,135 | $895,858,000 |
$95,769 | $700,000 |
$19,480 | $2,956,000 |
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| American Indian or Alaskan Native |
85 | $8,822,000 |
$106,173 | $480,000 |
$10,565 | $588,000 |
| Asian or Pacific Islander |
187 | $27,128,000 |
$106,107 | $322,000 |
$20,178 | $560,000 |
| Black |
1,070 | $99,323,000 |
$85,684 | $413,000 |
$10,605 | $2,956,000 |
| Hispanic |
693 | $73,725,000 |
$103,937 | $399,000 |
$17,531 | $279,000 |
| Information not provided by applicant in mail or telephone application |
1,430 | $155,902,000 |
$91,200 | $430,000 |
$15,400 | $996,000 |
| Not applicable |
2 | $306,000 |
$153,000 | $160,000 |
$29,500 | $32,000 |
| Other |
310 | $33,068,000 |
$97,452 | $390,000 |
$14,595 | $213,000 |
| White |
4,769 | $557,106,000 |
$102,058 | $700,000 |
$26,823 | $2,880,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,094 | $499,707,000 |
$137,333 | $562,000 |
$64,588 | $1,094,000 |
| FHA-insured (Federal Housing Administration) |
4,239 | $349,160,000 |
$76,647 | $700,000 |
$4,196 | $2,956,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1,213 | $106,513,000 |
$83,877 | $281,000 |
$1,836 | $128,000 |
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| Application Approved But Not Accepted |
533 | $57,671,000 |
$95,121 | $322,000 |
$17,195 | $1,200,000 |
| Application Denied By Financial Institution |
838 | $121,092,000 |
$134,534 | $452,000 |
$51,418 | $2,956,000 |
| Application Withdrawn By Applicant |
1,462 | $144,494,000 |
$95,224 | $700,000 |
$15,816 | $600,000 |
| File Closed For Incompleteness |
13 | $1,499,000 |
$121,250 | $300,000 |
$49,083 | $110,000 |
| Loan Originated |
5,696 | $629,814,000 |
$97,725 | $430,000 |
$20,392 | $1,094,000 |
| Loan Purchased By The Institution |
4 | $810,000 |
$202,500 | $332,000 |
$35,000 | $72,000 |
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| Collateral |
27 | $4,003,000 |
$136,272 | $322,000 |
$55,636 | $150,000 |
| Credit Application Incomplete |
585 | $86,227,000 |
$143,473 | $452,000 |
$60,631 | $2,956,000 |
| Credit History |
62 | $8,789,000 |
$139,400 | $300,000 |
$31,000 | $117,000 |
| Debt-To-Income Ratio |
32 | $4,881,000 |
$147,384 | $328,000 |
$45,692 | $298,000 |
| Employment History |
4 | $415,000 |
$103,750 | $122,000 |
$45,000 | $79,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $112,000 |
$112,000 | $112,000 |
$57,000 | $57,000 |
| Mortgage Insurance Denied |
10 | $1,490,000 |
$145,142 | $236,000 |
$77,142 | $179,000 |
| Other |
114 | $14,910,000 |
$114,320 | $315,000 |
$37,320 | $209,000 |
| Unverifiable Information |
3 | $265,000 |
$88,333 | $102,000 |
$47,000 | $61,000 |
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Mortgage Loan App Totals for AURORA LOAN SERVICES by:
Metropolitan Area And
County
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