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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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FIRST AMERICAN LENDING CORP.
Mortgage Loans and Application Details
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| Mortgage Company Name |
FIRST AMERICAN LENDING CORP. |
| Address | 1100 TOWN & COUNTRY ROAD, SUITE 1350
ORANGE, CA 92868 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 656 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $151,693,000 |
| Average Mortgage Loan Amount Applied For | $245,239 |
| Highest Mortgage Loan Amount Applied For | $799,000 |
| Average Applicant Income | $79,543 |
| Highest Applicant Income | $600,000 |
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| Home Improvement (one-to-four family) |
3 | $585,000 |
$195,000 | $251,000 |
$88,000 | $181,000 |
| Home Purchase (one-to-four family) |
22 | $6,443,000 |
$389,000 | $568,000 |
$170,000 | $240,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
633 | $145,322,000 |
$229,000 | $799,000 |
$74,000 | $600,000 |
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| American Indian or Alaskan Native |
10 | $2,216,000 |
$221,000 | $315,000 |
$75,000 | $115,000 |
| Asian or Pacific Islander |
47 | $11,480,000 |
$244,000 | $600,000 |
$70,000 | $192,000 |
| Black |
55 | $11,665,000 |
$212,000 | $480,000 |
$67,000 | $205,000 |
| Hispanic |
147 | $32,062,000 |
$218,000 | $560,000 |
$72,000 | $214,000 |
| Information not provided by applicant in mail or telephone application |
105 | $24,452,000 |
$362,500 | $797,000 |
$160,000 | $398,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
12 | $2,930,000 |
$244,000 | $488,000 |
$66,000 | $161,000 |
| White |
282 | $67,545,000 |
$239,000 | $799,000 |
$78,000 | $600,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
658 | $152,350,000 |
$363,000 | $799,000 |
$157,500 | $600,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
133 | $29,654,000 |
$222,000 | $650,000 |
$76,000 | $181,000 |
| Application Denied By Financial Institution |
4 | $648,000 |
$162,000 | $187,000 |
$39,000 | $47,000 |
| Application Withdrawn By Applicant |
133 | $32,439,000 |
$368,500 | $799,000 |
$157,000 | $420,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
388 | $89,609,000 |
$230,000 | $792,000 |
$76,000 | $600,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
2 | $278,000 |
$139,000 | $147,000 |
$38,000 | $47,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $187,000 |
$187,000 | $187,000 |
$42,000 | $42,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $183,000 |
$183,000 | $183,000 |
$38,000 | $38,000 |
| 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 FIRST AMERICAN LENDING CORP. by:
Metropolitan Area And
County
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