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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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ESSEX MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
ESSEX MORTGAGE |
| Address | 2400 E. KATELLA AVE. STE 530
ANAHEIM, CA 92806 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 316 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $99,288,000 |
| Average Mortgage Loan Amount Applied For | $357,400 |
| Highest Mortgage Loan Amount Applied For | $2,000,000 |
| Average Applicant Income | $96,760 |
| Highest Applicant Income | $600,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
154 | $41,423,000 |
$268,000 | $1,747,000 |
$114,000 | $600,000 |
| Refinancing |
162 | $57,865,000 |
$357,000 | $2,000,000 |
$94,000 | $540,000 |
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| American Indian or Alaskan Native |
1 | $239,000 |
$239,000 | $239,000 |
$189,000 | $189,000 |
| Asian |
25 | $7,912,000 |
$316,000 | $630,000 |
$140,000 | $240,000 |
| Black or African American |
29 | $7,211,000 |
$248,000 | $532,000 |
$80,000 | $176,000 |
| Hispanic |
154 | $45,098,000 |
$292,000 | $876,000 |
$94,000 | $600,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $1,545,000 |
$386,000 | $537,000 |
$71,000 | $75,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
14 | $6,275,000 |
$448,000 | $1,500,000 |
$117,000 | $348,000 |
| White |
89 | $31,008,000 |
$348,000 | $2,000,000 |
$117,000 | $446,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
316 | $99,288,000 |
$314,000 | $2,000,000 |
$104,000 | $600,000 |
| 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 |
103 | $36,583,000 |
$355,000 | $2,000,000 |
$112,000 | $540,000 |
| Application Denied By Financial Institution |
40 | $11,312,000 |
$282,000 | $630,000 |
$86,000 | $176,000 |
| Application Withdrawn By Applicant |
13 | $4,095,000 |
$315,000 | $876,000 |
$97,000 | $600,000 |
| File Closed For Incompleteness |
25 | $8,481,000 |
$339,000 | $1,747,000 |
$111,000 | $384,000 |
| Loan Originated |
135 | $38,817,000 |
$287,000 | $1,200,000 |
$102,000 | $446,000 |
| 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 |
6 | $1,418,000 |
$236,000 | $440,000 |
$41,000 | $106,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
9 | $2,996,000 |
$332,000 | $450,000 |
$124,000 | $176,000 |
| Debt-To-Income Ratio |
4 | $571,000 |
$142,000 | $256,000 |
$69,000 | $103,000 |
| Employment History |
3 | $1,171,000 |
$390,000 | $616,000 |
$19,000 | $57,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
6 | $1,727,000 |
$287,000 | $630,000 |
$116,000 | $163,000 |
| Unverifiable Information |
12 | $3,429,000 |
$285,000 | $544,000 |
$87,000 | $106,000 |
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Mortgage Loan App Totals for ESSEX MORTGAGE by:
Metropolitan Area And
County
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