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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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BARRINGTON CAPITAL CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
BARRINGTON CAPITAL CORPORATION |
| Address | 5000 BIRCH STREET, STE 610 EAST TOWER
NEWPORT BEACH, CA 92660 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,633 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $826,025,000 |
| Average Mortgage Loan Amount Applied For | $252,113 |
| Highest Mortgage Loan Amount Applied For | $7,000,000 |
| Average Applicant Income | $127,296 |
| Highest Applicant Income | $4,260,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
834 | $246,421,000 |
$295,000 | $5,333,000 |
$187,000 | $4,260,000 |
| Refinancing |
1,799 | $579,604,000 |
$322,000 | $7,000,000 |
$135,000 | $2,400,000 |
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| American Indian or Alaskan Native |
7 | $2,127,000 |
$303,000 | $630,000 |
$90,000 | $151,000 |
| Asian |
144 | $49,303,000 |
$342,000 | $7,000,000 |
$166,000 | $1,872,000 |
| Black or African American |
45 | $17,144,000 |
$380,000 | $5,333,000 |
$156,000 | $2,220,000 |
| Hispanic |
324 | $90,675,000 |
$279,000 | $1,243,000 |
$110,000 | $780,000 |
| Native Hawaiin or Other Pacific Islander |
27 | $7,375,000 |
$273,000 | $979,000 |
$103,000 | $219,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
653 | $206,440,000 |
$316,000 | $2,125,000 |
$150,000 | $2,400,000 |
| White |
1,433 | $452,961,000 |
$316,000 | $5,310,000 |
$161,000 | $4,260,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,632 | $825,875,000 |
$313,000 | $7,000,000 |
$151,000 | $4,260,000 |
| FHA-insured (Federal Housing Administration) |
1 | $150,000 |
$150,000 | $150,000 |
$68,000 | $68,000 |
| 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 |
206 | $66,316,000 |
$321,000 | $1,235,000 |
$154,000 | $1,249,000 |
| Application Denied By Financial Institution |
98 | $26,677,000 |
$272,000 | $1,307,000 |
$131,000 | $552,000 |
| Application Withdrawn By Applicant |
364 | $130,583,000 |
$358,000 | $7,000,000 |
$175,000 | $4,260,000 |
| File Closed For Incompleteness |
69 | $24,029,000 |
$348,000 | $1,200,000 |
$156,000 | $490,000 |
| Loan Originated |
1,896 | $578,420,000 |
$305,000 | $2,223,000 |
$147,000 | $3,925,000 |
| 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 |
20 | $4,511,000 |
$225,000 | $1,045,000 |
$139,000 | $376,000 |
| Credit Application Incomplete |
2 | $822,000 |
$411,000 | $692,000 |
$0 | $0 |
| Credit History |
18 | $4,142,000 |
$230,000 | $665,000 |
$109,000 | $240,000 |
| Debt-To-Income Ratio |
18 | $4,851,000 |
$269,000 | $801,000 |
$95,000 | $175,000 |
| Employment History |
3 | $657,000 |
$219,000 | $324,000 |
$107,000 | $150,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $4,248,000 |
$531,000 | $1,307,000 |
$224,000 | $552,000 |
| Unverifiable Information |
8 | $1,661,000 |
$207,000 | $404,000 |
$131,000 | $198,000 |
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Mortgage Loan App Totals for BARRINGTON CAPITAL CORPORATION by:
Metropolitan Area And
County
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