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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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CORSTAR FINANCIAL INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
CORSTAR FINANCIAL INC |
| Address | 7310 N. 16TH STREER, #170
PHOENIX, AZ 85020 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 950 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $198,543,000 |
| Average Mortgage Loan Amount Applied For | $206,307 |
| Highest Mortgage Loan Amount Applied For | $2,600,000 |
| Average Applicant Income | $114,730 |
| Highest Applicant Income | $1,279,000 |
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| Home Improvement |
2 | $454,000 |
$227,000 | $290,000 |
$255,000 | $360,000 |
| Home Purchase |
473 | $86,522,000 |
$182,000 | $1,220,000 |
$107,000 | $1,279,000 |
| Refinancing |
489 | $113,466,000 |
$232,000 | $2,600,000 |
$101,000 | $1,140,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
8 | $1,218,000 |
$152,000 | $320,000 |
$78,000 | $162,000 |
| Black or African American |
4 | $675,000 |
$168,000 | $282,000 |
$67,000 | $115,000 |
| Hispanic |
211 | $34,024,000 |
$161,000 | $1,000,000 |
$76,000 | $1,279,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
609 | $135,535,000 |
$222,000 | $2,600,000 |
$113,000 | $1,125,000 |
| White |
132 | $28,990,000 |
$219,000 | $1,220,000 |
$110,000 | $1,200,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
937 | $195,687,000 |
$208,000 | $2,600,000 |
$105,000 | $1,279,000 |
| FHA-insured (Federal Housing Administration) |
23 | $3,961,000 |
$172,000 | $244,000 |
$79,000 | $562,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $794,000 |
$198,000 | $282,000 |
$62,000 | $115,000 |
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| Application Approved But Not Accepted |
4 | $1,099,000 |
$274,000 | $529,000 |
$312,000 | $998,000 |
| Application Denied By Financial Institution |
4 | $361,000 |
$90,000 | $215,000 |
$113,000 | $240,000 |
| Application Withdrawn By Applicant |
46 | $7,053,000 |
$153,000 | $505,000 |
$80,000 | $336,000 |
| File Closed For Incompleteness |
1 | $164,000 |
$164,000 | $164,000 |
$360,000 | $360,000 |
| Loan Originated |
909 | $191,765,000 |
$210,000 | $2,600,000 |
$104,000 | $1,279,000 |
| 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 |
1 | $50,000 |
$50,000 | $50,000 |
$240,000 | $240,000 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $36,000 |
$36,000 | $36,000 |
$64,000 | $64,000 |
| 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 CORSTAR FINANCIAL INC by:
Metropolitan Area And
County
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