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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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BENCHMARK LENDING GROUP, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
BENCHMARK LENDING GROUP, INC. |
| Address | 120 STONY POINT RD., SUITE 210
SANTA ROSA, CA 95401 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,590 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $759,007,000 |
| Average Mortgage Loan Amount Applied For | $262,196 |
| Highest Mortgage Loan Amount Applied For | $3,250,000 |
| Average Applicant Income | $104,245 |
| Highest Applicant Income | $960,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
325 | $95,398,000 |
$293,000 | $1,409,000 |
$131,000 | $900,000 |
| Refinancing |
2,280 | $668,366,000 |
$293,000 | $3,250,000 |
$105,000 | $960,000 |
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| American Indian or Alaskan Native |
14 | $3,328,000 |
$237,000 | $602,000 |
$77,000 | $197,000 |
| Asian |
122 | $38,148,000 |
$312,000 | $1,000,000 |
$135,000 | $540,000 |
| Black or African American |
117 | $34,228,000 |
$292,000 | $826,000 |
$104,000 | $300,000 |
| Hispanic |
273 | $79,965,000 |
$292,000 | $1,000,000 |
$102,000 | $402,000 |
| Native Hawaiin or Other Pacific Islander |
34 | $10,562,000 |
$310,000 | $810,000 |
$135,000 | $390,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
308 | $94,394,000 |
$306,000 | $1,323,000 |
$80,000 | $947,000 |
| White |
1,737 | $503,139,000 |
$289,000 | $3,250,000 |
$113,000 | $960,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,602 | $762,807,000 |
$293,000 | $3,250,000 |
$108,000 | $960,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $100,000 |
$100,000 | $100,000 |
$70,000 | $70,000 |
| VA-guaranteed (Veterans Administration) |
2 | $857,000 |
$428,000 | $515,000 |
$82,000 | $86,000 |
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| Application Approved But Not Accepted |
410 | $123,394,000 |
$300,000 | $1,400,000 |
$114,000 | $582,000 |
| Application Denied By Financial Institution |
99 | $34,481,000 |
$348,000 | $3,250,000 |
$145,000 | $720,000 |
| Application Withdrawn By Applicant |
649 | $204,384,000 |
$314,000 | $1,409,000 |
$92,000 | $960,000 |
| File Closed For Incompleteness |
71 | $18,132,000 |
$255,000 | $727,000 |
$142,000 | $528,000 |
| Loan Originated |
1,376 | $383,373,000 |
$278,000 | $1,360,000 |
$110,000 | $731,000 |
| 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 |
31 | $11,797,000 |
$380,000 | $3,250,000 |
$181,000 | $720,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
33 | $9,324,000 |
$282,000 | $1,000,000 |
$129,000 | $438,000 |
| Debt-To-Income Ratio |
11 | $3,094,000 |
$281,000 | $515,000 |
$84,000 | $150,000 |
| Employment History |
6 | $1,753,000 |
$292,000 | $820,000 |
$133,000 | $210,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $4,498,000 |
$749,000 | $3,250,000 |
$214,000 | $720,000 |
| Unverifiable Information |
9 | $3,252,000 |
$361,000 | $712,000 |
$126,000 | $291,000 |
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Mortgage Loan App Totals for BENCHMARK LENDING GROUP, INC. by:
Metropolitan Area And
County
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