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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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CIMA MORTGAGE BANKERS LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
CIMA MORTGAGE BANKERS LLC |
| Address | 9485 SW 72 STREET, SUITE A-240 MIAMI, FL 33173 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 742 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $153,588,000 |
| Average Mortgage Loan Amount Applied For | $190,960 |
| Highest Mortgage Loan Amount Applied For | $950,000 |
| Average Applicant Income | $66,200 |
| Highest Applicant Income | $3,000,000 |
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| Home Improvement |
1 | $150,000 |
$150,000 | $150,000 |
$90,000 | $90,000 |
| Home Purchase |
482 | $97,506,000 |
$202,000 | $1,500,000 |
$100,000 | $3,000,000 |
| Refinancing |
296 | $65,176,000 |
$220,000 | $950,000 |
$64,000 | $425,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
6 | $1,054,000 |
$175,000 | $375,000 |
$108,000 | $144,000 |
| Black or African American |
21 | $3,399,000 |
$161,000 | $344,000 |
$57,000 | $425,000 |
| Hispanic |
654 | $137,411,000 |
$210,000 | $1,500,000 |
$87,000 | $3,000,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
1 | $143,000 |
$143,000 | $143,000 |
$0 | $0 |
| Not Provided |
2 | $221,000 |
$110,000 | $144,000 |
$101,000 | $151,000 |
| White |
95 | $20,604,000 |
$216,000 | $800,000 |
$86,000 | $1,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
779 | $162,832,000 |
$209,000 | $1,500,000 |
$86,000 | $3,000,000 |
| 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 |
274 | $58,426,000 |
$213,000 | $950,000 |
$68,000 | $432,000 |
| Application Denied By Financial Institution |
70 | $17,788,000 |
$254,000 | $1,500,000 |
$99,000 | $1,296,000 |
| Application Withdrawn By Applicant |
17 | $2,654,000 |
$156,000 | $360,000 |
$49,000 | $139,000 |
| File Closed For Incompleteness |
70 | $13,484,000 |
$192,000 | $653,000 |
$80,000 | $420,000 |
| Loan Originated |
348 | $70,480,000 |
$202,000 | $950,000 |
$101,000 | $3,000,000 |
| 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 |
7 | $1,938,000 |
$276,000 | $452,000 |
$58,000 | $132,000 |
| Credit History |
25 | $7,209,000 |
$288,000 | $1,500,000 |
$66,000 | $351,000 |
| Debt-To-Income Ratio |
9 | $1,612,000 |
$179,000 | $335,000 |
$61,000 | $131,000 |
| Employment History |
1 | $198,000 |
$198,000 | $198,000 |
$67,000 | $67,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $160,000 |
$80,000 | $128,000 |
$151,000 | $151,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
21 | $5,546,000 |
$264,000 | $605,000 |
$175,000 | $1,296,000 |
| Unverifiable Information |
5 | $1,125,000 |
$225,000 | $520,000 |
$59,000 | $110,000 |
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Mortgage Loan App Totals for CIMA MORTGAGE BANKERS LLC by:
Metropolitan Area And
County
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