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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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CAMBRIDGE FUNDING GROUP, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
CAMBRIDGE FUNDING GROUP, INC. |
| Address | 24422 AVENIDA DE LA CARLOTA, STE. 190
LAGUNA HILLS, CA 92653 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 535 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $211,210,000 |
| Average Mortgage Loan Amount Applied For | $326,000 |
| Highest Mortgage Loan Amount Applied For | $4,000,000 |
| Average Applicant Income | $145,000 |
| Highest Applicant Income | $1,553,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
225 | $86,040,000 |
$382,000 | $1,960,000 |
$159,000 | $1,553,000 |
| Refinancing |
310 | $125,170,000 |
$403,000 | $4,000,000 |
$148,000 | $1,522,000 |
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| American Indian or Alaskan Native |
2 | $962,000 |
$481,000 | $590,000 |
$135,000 | $141,000 |
| Asian |
20 | $6,537,000 |
$326,000 | $740,000 |
$165,000 | $270,000 |
| Black or African American |
23 | $5,865,000 |
$255,000 | $560,000 |
$99,000 | $185,000 |
| Hispanic |
81 | $25,777,000 |
$318,000 | $1,152,000 |
$83,000 | $360,000 |
| Native Hawaiin or Other Pacific Islander |
7 | $2,295,000 |
$327,000 | $650,000 |
$223,000 | $336,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
74 | $31,313,000 |
$423,000 | $1,389,000 |
$141,000 | $676,000 |
| White |
328 | $138,461,000 |
$422,000 | $4,000,000 |
$174,000 | $1,553,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
535 | $211,210,000 |
$394,000 | $4,000,000 |
$152,000 | $1,553,000 |
| 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 |
25 | $8,389,000 |
$335,000 | $975,000 |
$137,000 | $480,000 |
| Application Denied By Financial Institution |
16 | $8,013,000 |
$500,000 | $1,389,000 |
$163,000 | $624,000 |
| Application Withdrawn By Applicant |
84 | $29,564,000 |
$351,000 | $1,235,000 |
$130,000 | $1,522,000 |
| File Closed For Incompleteness |
22 | $14,513,000 |
$659,000 | $4,000,000 |
$195,000 | $1,522,000 |
| Loan Originated |
388 | $150,731,000 |
$388,000 | $1,152,000 |
$155,000 | $1,553,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for CAMBRIDGE FUNDING GROUP, INC. by:
Metropolitan Area And
County
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