|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
EQUITY 1 LENDERS GROUP
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
EQUITY 1 LENDERS GROUP |
| Address | 9444 WAPLES ST., SUITE 300
SAN DIEGO, CA 92121 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 3,147 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $766,358,000 |
| Average Mortgage Loan Amount Applied For | $168,603 |
| Highest Mortgage Loan Amount Applied For | $1,737,000 |
| Average Applicant Income | $82,025 |
| Highest Applicant Income | $1,800,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
953 | $235,028,000 |
$246,000 | $1,121,000 |
$140,000 | $1,800,000 |
| Refinancing |
2,196 | $531,650,000 |
$242,000 | $1,737,000 |
$114,000 | $1,272,000 |
|
|
| American Indian or Alaskan Native |
9 | $2,476,000 |
$275,000 | $476,000 |
$152,000 | $268,000 |
| Asian |
162 | $49,376,000 |
$304,000 | $950,000 |
$154,000 | $739,000 |
| Black or African American |
139 | $38,718,000 |
$278,000 | $897,000 |
$149,000 | $499,000 |
| Hispanic |
826 | $212,144,000 |
$256,000 | $782,000 |
$122,000 | $720,000 |
| Native Hawaiin or Other Pacific Islander |
46 | $14,991,000 |
$325,000 | $760,000 |
$159,000 | $312,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
107 | $25,314,000 |
$236,000 | $645,000 |
$131,000 | $768,000 |
| White |
1,860 | $423,659,000 |
$227,000 | $1,737,000 |
$116,000 | $1,800,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,149 | $766,678,000 |
$243,000 | $1,737,000 |
$122,000 | $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 |
|
|
| Application Approved But Not Accepted |
396 | $106,326,000 |
$268,000 | $950,000 |
$128,000 | $366,000 |
| Application Denied By Financial Institution |
1,071 | $254,402,000 |
$237,000 | $1,050,000 |
$131,000 | $816,000 |
| Application Withdrawn By Applicant |
244 | $64,070,000 |
$262,000 | $1,500,000 |
$132,000 | $1,800,000 |
| File Closed For Incompleteness |
103 | $25,895,000 |
$251,000 | $906,000 |
$142,000 | $411,000 |
| Loan Originated |
1,335 | $315,985,000 |
$236,000 | $1,737,000 |
$109,000 | $1,272,000 |
| 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 |
|
|
| Collateral |
46 | $8,626,000 |
$187,000 | $1,050,000 |
$98,000 | $300,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $518,000 |
$129,000 | $235,000 |
$77,000 | $136,000 |
| Debt-To-Income Ratio |
1 | $100,000 |
$100,000 | $100,000 |
$81,000 | $81,000 |
| Employment History |
15 | $2,717,000 |
$181,000 | $446,000 |
$78,000 | $174,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $63,000 |
$63,000 | $63,000 |
$68,000 | $68,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
259 | $46,794,000 |
$180,000 | $680,000 |
$95,000 | $600,000 |
| Unverifiable Information |
2 | $993,000 |
$496,000 | $520,000 |
$100,000 | $200,000 |
|
Mortgage Loan App Totals for EQUITY 1 LENDERS GROUP by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
