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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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GUARANTEE HOME LOANS
Mortgage Loans and Application Details
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| Mortgage Company Name |
GUARANTEE HOME LOANS |
| Address | 7088 N. AMPLE AVENUE #103
FRESNO, CA 93720 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 71 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $14,678,000 |
| Average Mortgage Loan Amount Applied For | $195,000 |
| Highest Mortgage Loan Amount Applied For | $620,000 |
| Average Applicant Income | $93,000 |
| Highest Applicant Income | $2,858,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
212 | $45,929,000 |
$216,000 | $999,000 |
$101,000 | $840,000 |
| Refinancing |
32 | $7,872,000 |
$246,000 | $740,000 |
$252,000 | $2,858,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
7 | $1,250,000 |
$178,000 | $388,000 |
$74,000 | $93,000 |
| Black or African American |
1 | $160,000 |
$160,000 | $160,000 |
$79,000 | $79,000 |
| Hispanic |
71 | $13,444,000 |
$189,000 | $392,000 |
$71,000 | $162,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $781,000 |
$195,000 | $340,000 |
$104,000 | $114,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
43 | $9,850,000 |
$229,000 | $578,000 |
$105,000 | $720,000 |
| White |
118 | $28,316,000 |
$239,000 | $999,000 |
$160,000 | $2,858,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
241 | $53,213,000 |
$220,000 | $999,000 |
$121,000 | $2,858,000 |
| FHA-insured (Federal Housing Administration) |
1 | $197,000 |
$197,000 | $197,000 |
$58,000 | $58,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2 | $391,000 |
$195,000 | $241,000 |
$57,000 | $81,000 |
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| Application Approved But Not Accepted |
67 | $13,851,000 |
$206,000 | $427,000 |
$88,000 | $306,000 |
| Application Denied By Financial Institution |
22 | $4,362,000 |
$198,000 | $439,000 |
$64,000 | $159,000 |
| Application Withdrawn By Applicant |
154 | $35,380,000 |
$229,000 | $999,000 |
$143,000 | $2,858,000 |
| File Closed For Incompleteness |
1 | $208,000 |
$208,000 | $208,000 |
$71,000 | $71,000 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
3 | $772,000 |
$257,000 | $439,000 |
$122,000 | $159,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $1,045,000 |
$174,000 | $305,000 |
$44,000 | $83,000 |
| Debt-To-Income Ratio |
10 | $1,807,000 |
$180,000 | $344,000 |
$60,000 | $100,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $223,000 |
$223,000 | $223,000 |
$45,000 | $45,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
1 | $208,000 |
$208,000 | $208,000 |
$72,000 | $72,000 |
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Mortgage Loan App Totals for GUARANTEE HOME LOANS by:
Metropolitan Area And
County
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