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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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BNC MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
BNC MORTGAGE |
| Address | 1901 MAIN ST
IRVINE, CA 92614 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 103,056 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $18,896,999,000 |
| Average Mortgage Loan Amount Applied For | $116,252 |
| Highest Mortgage Loan Amount Applied For | $2,100,000 |
| Average Applicant Income | $62,204 |
| Highest Applicant Income | $8,402,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
34,885 | $6,152,673,000 |
$128,437 | $1,750,000 |
$63,041 | $7,521,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
68,172 | $12,744,476,000 |
$144,520 | $2,100,000 |
$68,840 | $8,402,000 |
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| American Indian or Alaskan Native |
586 | $105,973,000 |
$147,117 | $588,000 |
$67,029 | $900,000 |
| Asian or Pacific Islander |
6,355 | $1,501,611,000 |
$181,625 | $1,000,000 |
$77,350 | $4,752,000 |
| Black |
13,502 | $2,088,523,000 |
$127,739 | $1,365,000 |
$60,608 | $5,795,000 |
| Hispanic |
24,561 | $4,415,084,000 |
$129,127 | $1,750,000 |
$60,638 | $7,800,000 |
| Information not provided by applicant in mail or telephone application |
14,678 | $2,766,970,000 |
$142,708 | $2,100,000 |
$66,250 | $4,363,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1,566 | $334,320,000 |
$144,581 | $925,000 |
$82,139 | $8,402,000 |
| White |
41,809 | $7,684,668,000 |
$142,980 | $1,800,000 |
$69,280 | $7,521,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
103,057 | $18,897,149,000 |
$139,340 | $2,100,000 |
$66,880 | $8,402,000 |
| 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 |
43,266 | $7,990,600,000 |
$141,600 | $1,750,000 |
$70,400 | $7,521,000 |
| Application Denied By Financial Institution |
22,035 | $3,957,825,000 |
$138,440 | $2,100,000 |
$64,580 | $8,402,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
49 | $9,779,000 |
$265,777 | $682,000 |
$79,555 | $240,000 |
| Loan Originated |
36,947 | $6,796,820,000 |
$135,680 | $1,000,000 |
$62,489 | $2,884,000 |
| Loan Purchased By The Institution |
760 | $142,125,000 |
$150,357 | $650,000 |
$72,142 | $393,000 |
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| Collateral |
134 | $20,245,000 |
$132,866 | $637,000 |
$77,166 | $456,000 |
| Credit Application Incomplete |
48 | $7,491,000 |
$140,400 | $400,000 |
$63,200 | $249,000 |
| Credit History |
931 | $157,209,000 |
$129,666 | $2,100,000 |
$55,357 | $981,000 |
| Debt-To-Income Ratio |
104 | $18,342,000 |
$143,869 | $750,000 |
$62,521 | $512,000 |
| Employment History |
13 | $3,314,000 |
$249,555 | $770,000 |
$237,555 | $1,567,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
251 | $41,687,000 |
$149,807 | $682,000 |
$76,846 | $1,320,000 |
| Mortgage Insurance Denied |
35 | $6,868,000 |
$183,083 | $729,000 |
$66,666 | $258,000 |
| Other |
17,360 | $3,155,397,000 |
$139,700 | $1,800,000 |
$64,320 | $8,402,000 |
| Unverifiable Information |
34 | $5,718,000 |
$148,000 | $499,000 |
$58,333 | $180,000 |
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Mortgage Loan App Totals for BNC MORTGAGE by:
Metropolitan Area And
County
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