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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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HARBORSIDE FINANCIAL NETWORK
Mortgage Loans and Application Details
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| Mortgage Company Name |
HARBORSIDE FINANCIAL NETWORK |
| Address | 334 VIA VERA CRUZ, SUITE 254
SAN MARCOS, CA 92078 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,509 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $376,911,000 |
| Average Mortgage Loan Amount Applied For | $197,910 |
| Highest Mortgage Loan Amount Applied For | $6,000,000 |
| Average Applicant Income | $90,974 |
| Highest Applicant Income | $1,902,000 |
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| Home Improvement |
34 | $10,575,000 |
$311,000 | $880,000 |
$104,000 | $414,000 |
| Home Purchase |
996 | $213,443,000 |
$214,000 | $2,000,000 |
$101,000 | $988,000 |
| Refinancing |
481 | $153,555,000 |
$319,000 | $6,000,000 |
$120,000 | $1,902,000 |
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| American Indian or Alaskan Native |
4 | $1,425,000 |
$356,000 | $650,000 |
$141,000 | $174,000 |
| Asian |
133 | $38,197,000 |
$287,000 | $880,000 |
$128,000 | $988,000 |
| Black or African American |
102 | $28,432,000 |
$278,000 | $2,000,000 |
$131,000 | $780,000 |
| Hispanic |
248 | $58,707,000 |
$236,000 | $1,654,000 |
$105,000 | $756,000 |
| Native Hawaiin or Other Pacific Islander |
6 | $1,799,000 |
$299,000 | $578,000 |
$212,000 | $360,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
384 | $94,766,000 |
$246,000 | $3,500,000 |
$67,000 | $599,000 |
| White |
634 | $154,247,000 |
$243,000 | $6,000,000 |
$123,000 | $1,902,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,367 | $361,472,000 |
$264,000 | $6,000,000 |
$114,000 | $1,902,000 |
| FHA-insured (Federal Housing Administration) |
144 | $16,101,000 |
$111,000 | $274,000 |
$41,000 | $206,000 |
| 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 |
74 | $19,083,000 |
$257,000 | $1,075,000 |
$126,000 | $599,000 |
| Application Denied By Financial Institution |
243 | $62,731,000 |
$258,000 | $6,000,000 |
$130,000 | $1,800,000 |
| Application Withdrawn By Applicant |
357 | $90,654,000 |
$253,000 | $3,500,000 |
$76,000 | $988,000 |
| File Closed For Incompleteness |
54 | $13,400,000 |
$248,000 | $1,000,000 |
$122,000 | $599,000 |
| Loan Originated |
781 | $191,043,000 |
$244,000 | $1,568,000 |
$112,000 | $1,902,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
1 | $62,000 |
$62,000 | $62,000 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
1 | $600,000 |
$600,000 | $600,000 |
$162,000 | $162,000 |
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| Collateral |
33 | $7,182,000 |
$217,000 | $640,000 |
$118,000 | $420,000 |
| Credit Application Incomplete |
4 | $767,000 |
$191,000 | $360,000 |
$103,000 | $264,000 |
| Credit History |
70 | $15,688,000 |
$224,000 | $2,000,000 |
$122,000 | $780,000 |
| Debt-To-Income Ratio |
37 | $8,916,000 |
$240,000 | $625,000 |
$95,000 | $303,000 |
| Employment History |
40 | $14,836,000 |
$370,000 | $6,000,000 |
$147,000 | $1,800,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
11 | $2,192,000 |
$199,000 | $400,000 |
$78,000 | $206,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
45 | $12,254,000 |
$272,000 | $1,163,000 |
$182,000 | $720,000 |
| Unverifiable Information |
4 | $1,496,000 |
$374,000 | $640,000 |
$100,000 | $132,000 |
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Mortgage Loan App Totals for HARBORSIDE FINANCIAL NETWORK by:
Metropolitan Area And
County
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