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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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FREMONT INVESTMENT & LOAN
Mortgage Loans and Application Details
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| Mortgage Company Name |
FREMONT INVESTMENT & LOAN |
| Address | 2727 IMPERIAL BREA, CA 92821 |
| Agency | Federal Deposit Insurance Corporation (FDIC) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 272,964 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $61,336,110,000 |
| Average Mortgage Loan Amount Applied For | $141,501 |
| Highest Mortgage Loan Amount Applied For | $7,950,000 |
| Average Applicant Income | $80,566 |
| Highest Applicant Income | $6,996,000 |
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| Home Improvement |
7,853 | $2,286,321,000 |
$291,000 | $1,500,000 |
$117,000 | $5,005,000 |
| Home Purchase |
137,525 | $26,773,896,000 |
$194,000 | $7,950,000 |
$113,000 | $6,996,000 |
| Refinancing |
127,586 | $32,275,893,000 |
$252,000 | $1,550,000 |
$106,000 | $6,637,000 |
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| American Indian or Alaskan Native |
834 | $195,264,000 |
$234,000 | $1,280,000 |
$117,000 | $1,255,000 |
| Asian |
11,595 | $3,492,754,000 |
$301,000 | $1,560,000 |
$160,000 | $6,141,000 |
| Black or African American |
74,578 | $14,766,665,000 |
$198,000 | $1,500,000 |
$92,000 | $6,637,000 |
| Hispanic |
64,192 | $14,450,373,000 |
$225,000 | $1,500,000 |
$109,000 | $6,996,000 |
| Native Hawaiin or Other Pacific Islander |
2,205 | $642,684,000 |
$291,000 | $1,450,000 |
$131,000 | $1,637,000 |
| Not applicable |
21 | $47,897,000 |
$2,280,000 | $7,950,000 |
$0 | $0 |
| Not Provided |
29,683 | $7,490,126,000 |
$252,000 | $1,500,000 |
$110,000 | $6,319,000 |
| White |
89,856 | $20,250,347,000 |
$225,000 | $1,550,000 |
$120,000 | $6,383,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
272,964 | $61,336,110,000 |
$224,000 | $7,950,000 |
$110,000 | $6,996,000 |
| 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 |
1,004 | $285,107,000 |
$283,000 | $7,950,000 |
$109,000 | $5,005,000 |
| Application Denied By Financial Institution |
91,389 | $21,731,337,000 |
$237,000 | $1,560,000 |
$112,000 | $6,996,000 |
| Application Withdrawn By Applicant |
12 | $3,363,000 |
$280,000 | $510,000 |
$169,000 | $329,000 |
| File Closed For Incompleteness |
31,545 | $6,824,031,000 |
$216,000 | $1,500,000 |
$107,000 | $6,319,000 |
| Loan Originated |
149,006 | $32,490,599,000 |
$218,000 | $5,540,000 |
$110,000 | $6,637,000 |
| Loan Purchased By The Institution |
8 | $1,673,000 |
$209,000 | $520,000 |
$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 |
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 FREMONT INVESTMENT & LOAN by:
Metropolitan Area And
County
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