|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
FIRST CITY FUNDING
Mortgage Loans and Application Details
|
|
|
| Mortgage Company Name |
FIRST CITY FUNDING |
| Address | 3840 OLD TOPANGA CYN RD. SUITE E CALABASAS, CA 91302 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2003 2005 |
| Total Number of Mortgage Loan Applications Processed | 970 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $340,659,000 |
| Average Mortgage Loan Amount Applied For | $330,714 |
| Highest Mortgage Loan Amount Applied For | $1,704,000 |
| Average Applicant Income | $175,457 |
| Highest Applicant Income | $1,587,000 |
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
107 | $45,279,000 |
$423,000 | $1,704,000 |
$199,000 | $718,000 |
| Refinancing |
863 | $295,380,000 |
$342,000 | $1,654,000 |
$158,000 | $1,587,000 |
|
| American Indian or Alaskan Native |
1 | $180,000 |
$180,000 | $180,000 |
$54,000 | $54,000 |
| Asian |
5 | $2,008,000 |
$401,000 | $644,000 |
$112,000 | $150,000 |
| Black or African American |
72 | $20,355,000 |
$282,000 | $1,430,000 |
$198,000 | $478,000 |
| Hispanic |
117 | $31,165,000 |
$266,000 | $875,000 |
$130,000 | $540,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $1,805,000 |
$300,000 | $815,000 |
$157,000 | $360,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
37 | $12,492,000 |
$337,000 | $1,126,000 |
$196,000 | $718,000 |
| White |
732 | $272,654,000 |
$372,000 | $1,704,000 |
$174,000 | $1,587,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
970 | $340,659,000 |
$351,000 | $1,704,000 |
$167,000 | $1,587,000 |
| 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 |
|
| Application Approved But Not Accepted |
22 | $10,894,000 |
$495,000 | $1,654,000 |
$123,000 | $433,000 |
| Application Denied By Financial Institution |
8 | $1,957,000 |
$244,000 | $525,000 |
$138,000 | $420,000 |
| Application Withdrawn By Applicant |
659 | $224,640,000 |
$340,000 | $1,704,000 |
$159,000 | $1,587,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
281 | $103,168,000 |
$367,000 | $1,500,000 |
$186,000 | $704,000 |
| 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 |
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $1,552,000 |
$310,000 | $525,000 |
$80,000 | $144,000 |
| Debt-To-Income Ratio |
3 | $405,000 |
$135,000 | $200,000 |
$233,000 | $420,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for FIRST CITY FUNDING by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|