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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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COMMUNITY MORTGAGE FUNDING, LL
Mortgage Loans and Application Details
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| Mortgage Company Name |
COMMUNITY MORTGAGE FUNDING, LL |
| Address | 3201 W. TEMPLE AVE. SUITE 120
POMONA, CA 91768 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 576 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $174,190,000 |
| Average Mortgage Loan Amount Applied For | $285,777 |
| Highest Mortgage Loan Amount Applied For | $1,200,000 |
| Average Applicant Income | $79,944 |
| Highest Applicant Income | $371,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
204 | $69,089,000 |
$338,000 | $1,200,000 |
$90,000 | $330,000 |
| Refinancing |
391 | $110,579,000 |
$282,000 | $800,000 |
$77,000 | $371,000 |
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| American Indian or Alaskan Native |
2 | $435,000 |
$217,000 | $250,000 |
$78,000 | $96,000 |
| Asian |
15 | $6,728,000 |
$448,000 | $800,000 |
$102,000 | $315,000 |
| Black or African American |
58 | $16,438,000 |
$283,000 | $552,000 |
$73,000 | $162,000 |
| Hispanic |
155 | $48,335,000 |
$311,000 | $607,000 |
$80,000 | $371,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $1,641,000 |
$328,000 | $436,000 |
$114,000 | $173,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
226 | $67,426,000 |
$298,000 | $990,000 |
$79,000 | $276,000 |
| White |
134 | $38,665,000 |
$288,000 | $1,200,000 |
$88,000 | $330,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
595 | $179,668,000 |
$301,000 | $1,200,000 |
$81,000 | $371,000 |
| 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 |
103 | $33,806,000 |
$328,000 | $1,200,000 |
$84,000 | $330,000 |
| Application Denied By Financial Institution |
66 | $21,293,000 |
$322,000 | $990,000 |
$75,000 | $206,000 |
| Application Withdrawn By Applicant |
136 | $43,535,000 |
$320,000 | $640,000 |
$81,000 | $250,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
290 | $81,034,000 |
$279,000 | $800,000 |
$82,000 | $371,000 |
| 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 |
5 | $1,805,000 |
$361,000 | $539,000 |
$76,000 | $108,000 |
| Credit Application Incomplete |
1 | $176,000 |
$176,000 | $176,000 |
$40,000 | $40,000 |
| Credit History |
18 | $5,148,000 |
$286,000 | $499,000 |
$57,000 | $150,000 |
| Debt-To-Income Ratio |
11 | $3,907,000 |
$355,000 | $535,000 |
$74,000 | $136,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $350,000 |
$350,000 | $350,000 |
$88,000 | $88,000 |
| Mortgage Insurance Denied |
2 | $769,000 |
$384,000 | $520,000 |
$100,000 | $151,000 |
| Other |
4 | $1,368,000 |
$342,000 | $417,000 |
$154,000 | $206,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for COMMUNITY MORTGAGE FUNDING, LL by:
Metropolitan Area And
County
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