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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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C&G FINANCIAL SERVICES
Mortgage Loans and Application Details
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| Mortgage Company Name |
C&G FINANCIAL SERVICES |
| Address | 1425 W FOOTHILL BLVD., SUITE 210
UPLAND, CA 91786 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 329 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $132,605,000 |
| Average Mortgage Loan Amount Applied For | $437,412 |
| Highest Mortgage Loan Amount Applied For | $1,978,000 |
| Average Applicant Income | $244,587 |
| Highest Applicant Income | $1,200,000 |
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| Home Improvement |
2 | $203,000 |
$101,000 | $168,000 |
$164,000 | $276,000 |
| Home Purchase |
202 | $80,158,000 |
$396,000 | $1,978,000 |
$226,000 | $1,200,000 |
| Refinancing |
125 | $52,244,000 |
$417,000 | $1,882,000 |
$232,000 | $1,188,000 |
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| American Indian or Alaskan Native |
1 | $500,000 |
$500,000 | $500,000 |
$240,000 | $240,000 |
| Asian |
18 | $7,012,000 |
$389,000 | $1,175,000 |
$235,000 | $1,200,000 |
| Black or African American |
44 | $17,306,000 |
$393,000 | $1,275,000 |
$192,000 | $578,000 |
| Hispanic |
83 | $31,286,000 |
$376,000 | $1,978,000 |
$212,000 | $1,086,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $1,127,000 |
$225,000 | $589,000 |
$252,000 | $319,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
45 | $19,754,000 |
$438,000 | $1,833,000 |
$247,000 | $780,000 |
| White |
133 | $55,620,000 |
$418,000 | $1,921,000 |
$242,000 | $1,188,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
328 | $131,885,000 |
$402,000 | $1,978,000 |
$228,000 | $1,200,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $720,000 |
$720,000 | $720,000 |
$215,000 | $215,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
38 | $13,031,000 |
$342,000 | $1,175,000 |
$239,000 | $1,200,000 |
| Application Denied By Financial Institution |
83 | $44,192,000 |
$532,000 | $1,978,000 |
$262,000 | $1,188,000 |
| Application Withdrawn By Applicant |
62 | $28,495,000 |
$459,000 | $1,690,000 |
$225,000 | $1,080,000 |
| File Closed For Incompleteness |
3 | $1,671,000 |
$557,000 | $938,000 |
$212,000 | $420,000 |
| Loan Originated |
137 | $43,509,000 |
$317,000 | $1,921,000 |
$217,000 | $762,000 |
| Loan Purchased By The Institution |
6 | $1,707,000 |
$284,000 | $636,000 |
$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 |
59 | $29,380,000 |
$497,000 | $1,978,000 |
$262,000 | $1,188,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
7 | $5,629,000 |
$804,000 | $1,400,000 |
$385,000 | $672,000 |
| Debt-To-Income Ratio |
6 | $1,808,000 |
$301,000 | $704,000 |
$100,000 | $264,000 |
| Employment History |
1 | $266,000 |
$266,000 | $266,000 |
$90,000 | $90,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $2,295,000 |
$1,147,000 | $1,833,000 |
$447,000 | $774,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1 | $1,275,000 |
$1,275,000 | $1,275,000 |
$578,000 | $578,000 |
| Unverifiable Information |
5 | $1,955,000 |
$391,000 | $1,136,000 |
$162,000 | $420,000 |
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Mortgage Loan App Totals for C&G FINANCIAL SERVICES by:
Metropolitan Area And
County
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