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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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FINANCE FACTORS LTD.
Mortgage Loans and Application Details
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| Mortgage Company Name |
FINANCE FACTORS LTD. |
| Address | 1164 BISHOP STREET
HONOLULU, HI 96813 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 315 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $109,641,000 |
| Average Mortgage Loan Amount Applied For | $330,500 |
| Highest Mortgage Loan Amount Applied For | $2,700,000 |
| Average Applicant Income | $160,250 |
| Highest Applicant Income | $2,477,000 |
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| Home Improvement |
57 | $16,064,000 |
$281,000 | $1,636,000 |
$77,000 | $245,000 |
| Home Purchase |
147 | $56,407,000 |
$383,000 | $2,144,000 |
$178,000 | $2,477,000 |
| Refinancing |
111 | $37,170,000 |
$334,000 | $2,700,000 |
$74,000 | $241,000 |
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| American Indian or Alaskan Native |
3 | $580,000 |
$193,000 | $325,000 |
$61,000 | $118,000 |
| Asian |
116 | $43,724,000 |
$376,000 | $2,144,000 |
$89,000 | $420,000 |
| Black or African American |
4 | $1,187,000 |
$296,000 | $625,000 |
$153,000 | $400,000 |
| Hispanic |
5 | $2,325,000 |
$465,000 | $1,600,000 |
$58,000 | $99,000 |
| Native Hawaiin or Other Pacific Islander |
44 | $11,346,000 |
$257,000 | $900,000 |
$71,000 | $228,000 |
| Not applicable |
12 | $7,460,000 |
$621,000 | $2,700,000 |
$48,000 | $188,000 |
| Not Provided |
32 | $8,046,000 |
$251,000 | $637,000 |
$80,000 | $264,000 |
| White |
99 | $34,973,000 |
$353,000 | $1,296,000 |
$214,000 | $2,477,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
310 | $108,396,000 |
$349,000 | $2,700,000 |
$124,000 | $2,477,000 |
| FHA-insured (Federal Housing Administration) |
4 | $1,103,000 |
$275,000 | $424,000 |
$60,000 | $97,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $142,000 |
$142,000 | $142,000 |
$54,000 | $54,000 |
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| Application Approved But Not Accepted |
8 | $6,682,000 |
$835,000 | $1,636,000 |
$38,000 | $144,000 |
| Application Denied By Financial Institution |
24 | $7,704,000 |
$321,000 | $1,160,000 |
$60,000 | $234,000 |
| Application Withdrawn By Applicant |
39 | $14,845,000 |
$380,000 | $1,296,000 |
$77,000 | $230,000 |
| File Closed For Incompleteness |
41 | $12,031,000 |
$293,000 | $970,000 |
$87,000 | $420,000 |
| Loan Originated |
202 | $68,294,000 |
$338,000 | $2,700,000 |
$150,000 | $2,477,000 |
| 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 |
1 | $85,000 |
$85,000 | $85,000 |
$77,000 | $77,000 |
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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) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for FINANCE FACTORS LTD. by:
Metropolitan Area And
County
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