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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 MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
EMPIRE MORTGAGE CORPORATION |
| Address | 5525 OAKDALE AVENUE #100
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 | 1,332 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $433,059,000 |
| Average Mortgage Loan Amount Applied For | $312,151 |
| Highest Mortgage Loan Amount Applied For | $3,040,000 |
| Average Applicant Income | $137,187 |
| Highest Applicant Income | $1,800,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
682 | $178,311,000 |
$261,000 | $3,040,000 |
$132,000 | $1,800,000 |
| Refinancing |
650 | $254,748,000 |
$391,000 | $2,590,000 |
$149,000 | $1,530,000 |
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| American Indian or Alaskan Native |
4 | $1,537,000 |
$384,000 | $800,000 |
$205,000 | $341,000 |
| Asian |
73 | $26,656,000 |
$365,000 | $1,700,000 |
$152,000 | $556,000 |
| Black or African American |
186 | $57,434,000 |
$308,000 | $3,040,000 |
$138,000 | $1,800,000 |
| Hispanic |
476 | $119,323,000 |
$250,000 | $1,803,000 |
$100,000 | $951,000 |
| Native Hawaiin or Other Pacific Islander |
21 | $5,664,000 |
$269,000 | $896,000 |
$147,000 | $582,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
152 | $54,760,000 |
$360,000 | $1,710,000 |
$157,000 | $1,049,000 |
| White |
420 | $167,685,000 |
$399,000 | $2,590,000 |
$177,000 | $1,530,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,332 | $433,059,000 |
$325,000 | $3,040,000 |
$140,000 | $1,800,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
710 | $228,315,000 |
$321,000 | $3,040,000 |
$140,000 | $1,800,000 |
| Application Withdrawn By Applicant |
419 | $146,316,000 |
$349,000 | $1,900,000 |
$150,000 | $1,080,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
203 | $58,428,000 |
$287,000 | $1,600,000 |
$119,000 | $951,000 |
| 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 |
76 | $34,630,000 |
$455,000 | $2,530,000 |
$186,000 | $960,000 |
| Credit Application Incomplete |
1 | $297,000 |
$297,000 | $297,000 |
$132,000 | $132,000 |
| Credit History |
246 | $72,208,000 |
$293,000 | $2,590,000 |
$120,000 | $796,000 |
| Debt-To-Income Ratio |
59 | $14,718,000 |
$249,000 | $1,610,000 |
$95,000 | $540,000 |
| Employment History |
30 | $8,661,000 |
$288,000 | $1,095,000 |
$129,000 | $738,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
25 | $9,886,000 |
$395,000 | $1,575,000 |
$157,000 | $627,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
185 | $57,635,000 |
$311,000 | $3,040,000 |
$158,000 | $1,800,000 |
| Unverifiable Information |
86 | $29,630,000 |
$344,000 | $2,000,000 |
$145,000 | $468,000 |
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Mortgage Loan App Totals for EMPIRE MORTGAGE CORPORATION by:
Metropolitan Area And
County
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