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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 W. TOWN & COUNTRY RD. #1350
ORANGE, CA 92868 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 352 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $101,411,000 |
| Average Mortgage Loan Amount Applied For | $258,825 |
| Highest Mortgage Loan Amount Applied For | $1,771,000 |
| Average Applicant Income | $91,575 |
| Highest Applicant Income | $540,000 |
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| Home Improvement |
13 | $4,566,000 |
$351,000 | $1,500,000 |
$199,000 | $480,000 |
| Home Purchase |
98 | $25,296,000 |
$258,000 | $900,000 |
$129,000 | $315,000 |
| Refinancing |
241 | $71,549,000 |
$296,000 | $1,771,000 |
$100,000 | $540,000 |
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| American Indian or Alaskan Native |
6 | $1,616,000 |
$269,000 | $503,000 |
$134,000 | $151,000 |
| Asian |
14 | $5,905,000 |
$421,000 | $1,120,000 |
$163,000 | $335,000 |
| Black or African American |
7 | $1,720,000 |
$245,000 | $653,000 |
$80,000 | $130,000 |
| Hispanic |
110 | $27,498,000 |
$249,000 | $900,000 |
$107,000 | $315,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $1,105,000 |
$276,000 | $480,000 |
$137,000 | $150,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
94 | $26,735,000 |
$284,000 | $1,771,000 |
$105,000 | $442,000 |
| White |
117 | $36,832,000 |
$314,000 | $1,500,000 |
$116,000 | $540,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
352 | $101,411,000 |
$288,000 | $1,771,000 |
$112,000 | $540,000 |
| 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 |
69 | $25,168,000 |
$364,000 | $1,771,000 |
$112,000 | $335,000 |
| Application Denied By Financial Institution |
37 | $13,141,000 |
$355,000 | $1,120,000 |
$118,000 | $315,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
246 | $63,102,000 |
$256,000 | $1,500,000 |
$111,000 | $540,000 |
| 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 |
5 | $1,757,000 |
$351,000 | $570,000 |
$127,000 | $180,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
12 | $4,056,000 |
$338,000 | $960,000 |
$83,000 | $163,000 |
| Debt-To-Income Ratio |
5 | $2,016,000 |
$403,000 | $1,120,000 |
$92,000 | $229,000 |
| 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 |
3 | $646,000 |
$215,000 | $324,000 |
$95,000 | $106,000 |
| Unverifiable Information |
12 | $4,666,000 |
$388,000 | $900,000 |
$166,000 | $315,000 |
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Mortgage Loan App Totals for FIRST AMERICAN LENDING CORP. by:
Metropolitan Area And
County
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