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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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EMPIRE AMERICA, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
EMPIRE AMERICA, LLC |
| Address | 5525 OAKLAND AVE. #150
WOODLAND HILLS, CA 91364 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 396 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $105,989,000 |
| Average Mortgage Loan Amount Applied For | $256,046 |
| Highest Mortgage Loan Amount Applied For | $1,219,000 |
| Average Applicant Income | $112,906 |
| Highest Applicant Income | $496,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
189 | $43,545,000 |
$230,000 | $1,219,000 |
$134,000 | $496,000 |
| Refinancing |
207 | $62,444,000 |
$301,000 | $1,050,000 |
$128,000 | $408,000 |
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| American Indian or Alaskan Native |
5 | $930,000 |
$186,000 | $348,000 |
$106,000 | $132,000 |
| Asian |
39 | $12,225,000 |
$313,000 | $688,000 |
$157,000 | $310,000 |
| Black or African American |
31 | $7,982,000 |
$257,000 | $512,000 |
$135,000 | $372,000 |
| Hispanic |
184 | $44,872,000 |
$243,000 | $1,219,000 |
$116,000 | $496,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $1,202,000 |
$240,000 | $455,000 |
$103,000 | $125,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
56 | $15,836,000 |
$282,000 | $868,000 |
$141,000 | $343,000 |
| White |
76 | $22,942,000 |
$301,000 | $1,050,000 |
$145,000 | $408,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
396 | $105,989,000 |
$267,000 | $1,219,000 |
$131,000 | $496,000 |
| 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 |
177 | $47,038,000 |
$265,000 | $1,219,000 |
$138,000 | $496,000 |
| Application Denied By Financial Institution |
26 | $7,108,000 |
$273,000 | $704,000 |
$100,000 | $214,000 |
| Application Withdrawn By Applicant |
25 | $7,979,000 |
$319,000 | $960,000 |
$134,000 | $324,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
168 | $43,864,000 |
$261,000 | $739,000 |
$127,000 | $372,000 |
| 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 | $340,000 |
$340,000 | $340,000 |
$96,000 | $96,000 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $300,000 |
$300,000 | $300,000 |
$109,000 | $109,000 |
| Employment History |
2 | $670,000 |
$335,000 | $452,000 |
$112,000 | $116,000 |
| 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 |
1 | $560,000 |
$560,000 | $560,000 |
$155,000 | $155,000 |
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Mortgage Loan App Totals for EMPIRE AMERICA, LLC by:
Metropolitan Area And
County
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