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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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EXECUTIVE WORLD CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
EXECUTIVE WORLD CORP |
| Address | 1818 W BEVERLY BLVD. SUITE 103 MONTEBELLO, CA 90640 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 833 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $261,278,000 |
| Average Mortgage Loan Amount Applied For | $255,629 |
| Highest Mortgage Loan Amount Applied For | $1,040,000 |
| Average Applicant Income | $87,296 |
| Highest Applicant Income | $725,000 |
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| Home Improvement |
50 | $16,101,000 |
$322,000 | $800,000 |
$97,000 | $275,000 |
| Home Purchase |
290 | $91,005,000 |
$313,000 | $960,000 |
$117,000 | $725,000 |
| Refinancing |
493 | $154,172,000 |
$312,000 | $1,040,000 |
$87,000 | $532,000 |
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| American Indian or Alaskan Native |
4 | $1,350,000 |
$337,000 | $396,000 |
$253,000 | $725,000 |
| Asian |
12 | $4,939,000 |
$411,000 | $563,000 |
$147,000 | $297,000 |
| Black or African American |
14 | $4,395,000 |
$313,000 | $535,000 |
$105,000 | $240,000 |
| Hispanic |
692 | $217,612,000 |
$314,000 | $960,000 |
$95,000 | $532,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $284,000 |
$284,000 | $284,000 |
$98,000 | $98,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
62 | $18,774,000 |
$302,000 | $1,040,000 |
$106,000 | $360,000 |
| White |
48 | $13,924,000 |
$290,000 | $800,000 |
$101,000 | $343,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
832 | $261,188,000 |
$313,000 | $1,040,000 |
$98,000 | $725,000 |
| FHA-insured (Federal Housing Administration) |
1 | $90,000 |
$90,000 | $90,000 |
$99,000 | $99,000 |
| 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 |
423 | $134,371,000 |
$317,000 | $1,040,000 |
$106,000 | $725,000 |
| Application Withdrawn By Applicant |
3 | $587,000 |
$195,000 | $476,000 |
$122,000 | $150,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
404 | $125,292,000 |
$310,000 | $795,000 |
$90,000 | $354,000 |
| Loan Purchased By The Institution |
3 | $1,028,000 |
$342,000 | $424,000 |
$98,000 | $131,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $164,000 |
$164,000 | $164,000 |
$336,000 | $336,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
416 | $132,762,000 |
$319,000 | $1,040,000 |
$106,000 | $725,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for EXECUTIVE WORLD CORP by:
Metropolitan Area And
County
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