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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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HERITAGE PLAZA MORTGAGE, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
HERITAGE PLAZA MORTGAGE, INC |
| Address | 5361 NORTH PERSHING AVE
STOCKTON, CA 95207 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 3,422 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $977,877,000 |
| Average Mortgage Loan Amount Applied For | $257,492 |
| Highest Mortgage Loan Amount Applied For | $4,000,000 |
| Average Applicant Income | $144,231 |
| Highest Applicant Income | $2,722,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,662 | $437,602,000 |
$263,000 | $4,000,000 |
$134,000 | $2,722,000 |
| Refinancing |
1,912 | $577,191,000 |
$301,000 | $2,400,000 |
$141,000 | $2,400,000 |
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| American Indian or Alaskan Native |
13 | $3,216,000 |
$247,000 | $746,000 |
$118,000 | $204,000 |
| Asian |
504 | $152,963,000 |
$303,000 | $1,500,000 |
$156,000 | $1,674,000 |
| Black or African American |
305 | $83,627,000 |
$274,000 | $899,000 |
$138,000 | $900,000 |
| Hispanic |
1,231 | $331,772,000 |
$269,000 | $4,000,000 |
$127,000 | $2,066,000 |
| Native Hawaiin or Other Pacific Islander |
99 | $29,478,000 |
$297,000 | $1,323,000 |
$195,000 | $842,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
774 | $216,776,000 |
$280,000 | $2,000,000 |
$125,000 | $2,722,000 |
| White |
648 | $196,961,000 |
$303,000 | $2,400,000 |
$151,000 | $2,400,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,574 | $1,014,793,000 |
$283,000 | $4,000,000 |
$138,000 | $2,722,000 |
| 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 |
1,047 | $292,281,000 |
$279,000 | $2,000,000 |
$132,000 | $2,400,000 |
| Application Denied By Financial Institution |
916 | $262,756,000 |
$286,000 | $2,400,000 |
$142,000 | $1,674,000 |
| Application Withdrawn By Applicant |
168 | $46,037,000 |
$274,000 | $1,128,000 |
$108,000 | $900,000 |
| File Closed For Incompleteness |
535 | $156,147,000 |
$291,000 | $1,335,000 |
$167,000 | $2,722,000 |
| Loan Originated |
908 | $257,572,000 |
$283,000 | $4,000,000 |
$128,000 | $2,400,000 |
| 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 |
23 | $8,070,000 |
$350,000 | $748,000 |
$103,000 | $255,000 |
| Credit Application Incomplete |
17 | $5,823,000 |
$342,000 | $680,000 |
$107,000 | $191,000 |
| Credit History |
82 | $21,939,000 |
$267,000 | $944,000 |
$128,000 | $766,000 |
| Debt-To-Income Ratio |
25 | $7,751,000 |
$310,000 | $1,120,000 |
$127,000 | $305,000 |
| Employment History |
13 | $3,517,000 |
$270,000 | $510,000 |
$132,000 | $180,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
11 | $3,006,000 |
$273,000 | $584,000 |
$158,000 | $340,000 |
| Unverifiable Information |
12 | $2,897,000 |
$241,000 | $445,000 |
$114,000 | $190,000 |
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Mortgage Loan App Totals for HERITAGE PLAZA MORTGAGE, INC by:
Metropolitan Area And
County
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