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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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CMG MORTGAGE, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
CMG MORTGAGE, INC. |
| Address | 3160 CROW CANYON ROAD, SUITE 400
SAN RAMON, CA 94583 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 12,215 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,302,636,000 |
| Average Mortgage Loan Amount Applied For | $184,790 |
| Highest Mortgage Loan Amount Applied For | $4,000,000 |
| Average Applicant Income | $117,288 |
| Highest Applicant Income | $5,201,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
5,645 | $1,358,393,000 |
$240,000 | $2,517,000 |
$127,000 | $2,400,000 |
| Refinancing |
6,605 | $1,954,664,000 |
$295,000 | $4,000,000 |
$128,000 | $5,201,000 |
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| American Indian or Alaskan Native |
37 | $9,202,000 |
$248,000 | $820,000 |
$106,000 | $256,000 |
| Asian |
1,251 | $396,235,000 |
$316,000 | $2,400,000 |
$133,000 | $950,000 |
| Black or African American |
682 | $152,845,000 |
$224,000 | $1,470,000 |
$109,000 | $900,000 |
| Hispanic |
1,827 | $467,042,000 |
$255,000 | $4,000,000 |
$110,000 | $4,279,000 |
| Native Hawaiin or Other Pacific Islander |
140 | $40,395,000 |
$288,000 | $1,600,000 |
$125,000 | $420,000 |
| Not applicable |
2 | $209,000 |
$104,000 | $172,000 |
$113,000 | $122,000 |
| Not Provided |
1,594 | $489,052,000 |
$306,000 | $2,000,000 |
$135,000 | $1,612,000 |
| White |
6,717 | $1,758,077,000 |
$261,000 | $3,520,000 |
$131,000 | $5,201,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
12,250 | $3,313,057,000 |
$270,000 | $4,000,000 |
$127,000 | $5,201,000 |
| 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 |
3,152 | $890,791,000 |
$282,000 | $2,290,000 |
$128,000 | $2,400,000 |
| Application Denied By Financial Institution |
1,224 | $316,259,000 |
$258,000 | $3,520,000 |
$135,000 | $1,500,000 |
| Application Withdrawn By Applicant |
181 | $47,003,000 |
$259,000 | $2,800,000 |
$161,000 | $1,604,000 |
| File Closed For Incompleteness |
1,238 | $359,688,000 |
$290,000 | $4,000,000 |
$156,000 | $4,279,000 |
| Loan Originated |
6,455 | $1,699,316,000 |
$263,000 | $2,500,000 |
$119,000 | $5,201,000 |
| 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 |
92 | $25,099,000 |
$272,000 | $1,440,000 |
$156,000 | $799,000 |
| Credit Application Incomplete |
4 | $601,000 |
$150,000 | $334,000 |
$100,000 | $135,000 |
| Credit History |
519 | $136,786,000 |
$263,000 | $1,600,000 |
$134,000 | $835,000 |
| Debt-To-Income Ratio |
151 | $39,071,000 |
$258,000 | $2,400,000 |
$118,000 | $525,000 |
| Employment History |
40 | $11,985,000 |
$299,000 | $940,000 |
$131,000 | $346,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
7 | $1,511,000 |
$215,000 | $546,000 |
$71,000 | $186,000 |
| Mortgage Insurance Denied |
1 | $12,000 |
$12,000 | $12,000 |
$95,000 | $95,000 |
| Other |
260 | $60,964,000 |
$234,000 | $3,520,000 |
$151,000 | $1,500,000 |
| Unverifiable Information |
39 | $9,714,000 |
$249,000 | $880,000 |
$130,000 | $300,000 |
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Mortgage Loan App Totals for CMG MORTGAGE, INC. by:
Metropolitan Area And
County
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