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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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EQUITY FUNDING GROUP, LP
Mortgage Loans and Application Details
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| Mortgage Company Name |
EQUITY FUNDING GROUP, LP |
| Address | 12526 HIGH BLUFF DR., STE. 300
SAN DIEGO, CA 92130 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2005 |
| Total Number of Mortgage Loan Applications Processed | 105 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $88,707,000 |
| Average Mortgage Loan Amount Applied For | $726,733 |
| Highest Mortgage Loan Amount Applied For | $11,500,000 |
| Average Applicant Income | $531,533 |
| Highest Applicant Income | $7,800,000 |
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| Home Improvement |
15 | $6,572,000 |
$438,000 | $1,500,000 |
$274,000 | $1,044,000 |
| Home Purchase |
25 | $28,219,000 |
$643,000 | $4,620,000 |
$392,000 | $1,320,000 |
| Refinancing |
65 | $53,916,000 |
$829,000 | $11,500,000 |
$734,000 | $7,800,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
5 | $2,548,000 |
$509,000 | $1,000,000 |
$256,000 | $396,000 |
| Black or African American |
4 | $4,739,000 |
$1,184,000 | $1,796,000 |
$420,000 | $984,000 |
| Hispanic |
7 | $3,000,000 |
$428,000 | $985,000 |
$215,000 | $348,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $934,000 |
$311,000 | $600,000 |
$695,000 | $1,046,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
20 | $30,775,000 |
$1,538,000 | $11,500,000 |
$949,000 | $7,800,000 |
| White |
66 | $46,711,000 |
$484,333 | $4,620,000 |
$394,333 | $3,765,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
105 | $88,707,000 |
$529,666 | $11,500,000 |
$410,666 | $7,800,000 |
| 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 |
10 | $11,054,000 |
$1,105,000 | $4,000,000 |
$1,166,000 | $3,765,000 |
| Application Denied By Financial Institution |
17 | $25,318,000 |
$988,000 | $11,500,000 |
$477,000 | $7,800,000 |
| Application Withdrawn By Applicant |
32 | $27,476,000 |
$858,000 | $4,620,000 |
$409,000 | $1,458,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
46 | $24,859,000 |
$430,000 | $2,730,000 |
$453,500 | $1,320,000 |
| 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 |
3 | $2,246,000 |
$748,000 | $1,000,000 |
$454,000 | $492,000 |
| Credit Application Incomplete |
2 | $625,000 |
$312,000 | $525,000 |
$417,000 | $701,000 |
| Credit History |
3 | $12,074,000 |
$4,024,000 | $11,500,000 |
$2,646,000 | $7,800,000 |
| Debt-To-Income Ratio |
3 | $3,008,000 |
$1,002,000 | $2,325,000 |
$280,000 | $490,000 |
| Employment History |
1 | $250,000 |
$250,000 | $250,000 |
$163,000 | $163,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $3,920,000 |
$1,960,000 | $3,500,000 |
$429,000 | $720,000 |
| Unverifiable Information |
3 | $3,195,000 |
$1,065,000 | $1,620,000 |
$398,000 | $742,000 |
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Mortgage Loan App Totals for EQUITY FUNDING GROUP, LP by:
Metropolitan Area And
County
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