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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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EXPRESS MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
EXPRESS MORTGAGE |
| Address | 620 N. RAINBOW BLVD.
LAS VEGAS, NV 89107 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 206 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $32,353,000 |
| Average Mortgage Loan Amount Applied For | $157,000 |
| Highest Mortgage Loan Amount Applied For | $648,000 |
| Average Applicant Income | $63,000 |
| Highest Applicant Income | $808,000 |
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| Home Improvement |
1 | $78,000 |
$78,000 | $78,000 |
$41,000 | $41,000 |
| Home Purchase |
128 | $20,046,000 |
$156,000 | $648,000 |
$77,000 | $808,000 |
| Refinancing |
77 | $12,229,000 |
$158,000 | $386,000 |
$43,000 | $134,000 |
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| American Indian or Alaskan Native |
1 | $127,000 |
$127,000 | $127,000 |
$36,000 | $36,000 |
| Asian |
11 | $2,081,000 |
$189,000 | $336,000 |
$32,000 | $93,000 |
| Black or African American |
21 | $3,646,000 |
$173,000 | $386,000 |
$71,000 | $180,000 |
| Hispanic |
70 | $9,097,000 |
$129,000 | $310,000 |
$47,000 | $120,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
2 | $263,000 |
$131,000 | $157,000 |
$22,000 | $45,000 |
| Not Provided |
14 | $2,153,000 |
$153,000 | $228,000 |
$47,000 | $119,000 |
| White |
87 | $14,986,000 |
$172,000 | $648,000 |
$92,000 | $808,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
167 | $26,964,000 |
$161,000 | $648,000 |
$80,000 | $808,000 |
| FHA-insured (Federal Housing Administration) |
35 | $4,833,000 |
$138,000 | $228,000 |
$38,000 | $85,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $556,000 |
$139,000 | $250,000 |
$49,000 | $120,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
5 | $700,000 |
$140,000 | $244,000 |
$41,000 | $56,000 |
| Application Withdrawn By Applicant |
42 | $6,685,000 |
$159,000 | $375,000 |
$51,000 | $216,000 |
| File Closed For Incompleteness |
7 | $1,188,000 |
$169,000 | $332,000 |
$0 | $0 |
| Loan Originated |
152 | $23,780,000 |
$156,000 | $648,000 |
$83,000 | $808,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $305,000 |
$152,000 | $244,000 |
$56,000 | $56,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $395,000 |
$131,000 | $205,000 |
$36,000 | $44,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for EXPRESS MORTGAGE by:
Metropolitan Area And
County
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