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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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EVERETT FINANCIAL INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
EVERETT FINANCIAL INC. |
| Address | 17290 PRESTON ROAD SUITE 300
DALLAS, TX 75252 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,400 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $288,747,000 |
| Average Mortgage Loan Amount Applied For | $134,366 |
| Highest Mortgage Loan Amount Applied For | $1,350,000 |
| Average Applicant Income | $86,762 |
| Highest Applicant Income | $1,344,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
2,059 | $237,977,000 |
$115,000 | $1,350,000 |
$85,000 | $1,344,000 |
| Refinancing |
341 | $50,770,000 |
$148,000 | $700,000 |
$94,000 | $1,248,000 |
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| American Indian or Alaskan Native |
6 | $703,000 |
$117,000 | $250,000 |
$51,000 | $85,000 |
| Asian |
45 | $7,701,000 |
$171,000 | $750,000 |
$91,000 | $300,000 |
| Black or African American |
296 | $33,612,000 |
$113,000 | $779,000 |
$80,000 | $585,000 |
| Hispanic |
406 | $40,969,000 |
$100,000 | $636,000 |
$66,000 | $542,000 |
| Native Hawaiin or Other Pacific Islander |
16 | $1,815,000 |
$113,000 | $233,000 |
$105,000 | $216,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
214 | $25,930,000 |
$121,000 | $1,178,000 |
$85,000 | $1,248,000 |
| White |
1,417 | $178,017,000 |
$125,000 | $1,350,000 |
$93,000 | $1,344,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,734 | $211,460,000 |
$121,000 | $1,350,000 |
$99,000 | $1,344,000 |
| FHA-insured (Federal Housing Administration) |
586 | $65,145,000 |
$111,000 | $233,000 |
$51,000 | $168,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
80 | $12,142,000 |
$151,000 | $365,000 |
$68,000 | $176,000 |
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| Application Approved But Not Accepted |
35 | $4,975,000 |
$142,000 | $1,350,000 |
$137,000 | $1,344,000 |
| Application Denied By Financial Institution |
377 | $46,440,000 |
$123,000 | $1,350,000 |
$87,000 | $946,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,988 | $237,332,000 |
$119,000 | $1,178,000 |
$85,000 | $1,248,000 |
| 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 |
25 | $4,900,000 |
$196,000 | $1,350,000 |
$223,000 | $946,000 |
| Credit Application Incomplete |
2 | $320,000 |
$160,000 | $171,000 |
$74,000 | $102,000 |
| Credit History |
84 | $10,123,000 |
$120,000 | $376,000 |
$78,000 | $480,000 |
| Debt-To-Income Ratio |
45 | $4,996,000 |
$111,000 | $332,000 |
$56,000 | $451,000 |
| Employment History |
6 | $688,000 |
$114,000 | $256,000 |
$103,000 | $226,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $245,000 |
$81,000 | $133,000 |
$165,000 | $420,000 |
| Mortgage Insurance Denied |
1 | $66,000 |
$66,000 | $66,000 |
$96,000 | $96,000 |
| Other |
151 | $15,899,000 |
$105,000 | $636,000 |
$75,000 | $456,000 |
| Unverifiable Information |
21 | $4,105,000 |
$195,000 | $680,000 |
$79,000 | $420,000 |
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Mortgage Loan App Totals for EVERETT FINANCIAL INC. by:
Metropolitan Area And
County
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