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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 ONE MORTGAGE CORP.
Mortgage Loans and Application Details
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| Mortgage Company Name |
EXPRESS ONE MORTGAGE CORP. |
| Address | 3489 E BASELINE RD
GILBERT, AZ 85234 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 869 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $203,165,000 |
| Average Mortgage Loan Amount Applied For | $212,675 |
| Highest Mortgage Loan Amount Applied For | $2,400,000 |
| Average Applicant Income | $155,135 |
| Highest Applicant Income | $1,129,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
454 | $92,978,000 |
$204,000 | $1,800,000 |
$130,000 | $936,000 |
| Refinancing |
436 | $113,510,000 |
$260,000 | $2,400,000 |
$126,000 | $1,129,000 |
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| American Indian or Alaskan Native |
5 | $921,000 |
$184,000 | $213,000 |
$113,000 | $204,000 |
| Asian |
14 | $2,981,000 |
$212,000 | $559,000 |
$106,000 | $294,000 |
| Black or African American |
45 | $7,022,000 |
$156,000 | $572,000 |
$183,000 | $600,000 |
| Hispanic |
62 | $12,193,000 |
$196,000 | $960,000 |
$79,000 | $331,000 |
| Native Hawaiin or Other Pacific Islander |
3 | $709,000 |
$236,000 | $292,000 |
$73,000 | $75,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
5 | $1,382,000 |
$276,000 | $590,000 |
$109,000 | $240,000 |
| White |
756 | $181,280,000 |
$239,000 | $2,400,000 |
$130,000 | $1,129,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
885 | $205,446,000 |
$232,000 | $2,400,000 |
$128,000 | $1,129,000 |
| FHA-insured (Federal Housing Administration) |
2 | $350,000 |
$175,000 | $197,000 |
$132,000 | $195,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3 | $692,000 |
$230,000 | $293,000 |
$67,000 | $107,000 |
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| Application Approved But Not Accepted |
1 | $682,000 |
$682,000 | $682,000 |
$204,000 | $204,000 |
| Application Denied By Financial Institution |
7 | $1,786,000 |
$255,000 | $720,000 |
$130,000 | $195,000 |
| Application Withdrawn By Applicant |
185 | $38,529,000 |
$208,000 | $1,950,000 |
$145,000 | $800,000 |
| File Closed For Incompleteness |
1 | $274,000 |
$274,000 | $274,000 |
$96,000 | $96,000 |
| Loan Originated |
696 | $165,217,000 |
$237,000 | $2,400,000 |
$123,000 | $1,129,000 |
| 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 | $541,000 |
$180,000 | $200,000 |
$98,000 | $195,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $720,000 |
$720,000 | $720,000 |
$138,000 | $138,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $196,000 |
$196,000 | $196,000 |
$102,000 | $102,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $329,000 |
$164,000 | $263,000 |
$187,000 | $187,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for EXPRESS ONE MORTGAGE CORP. by:
Metropolitan Area And
County
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