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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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HOME LOAN CENTER, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
HOME LOAN CENTER, INC |
| Address | 163 TECHNOLOGY DRIVE
IRVINE, CA 92618 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 71,953 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $12,039,027,000 |
| Average Mortgage Loan Amount Applied For | $127,765 |
| Highest Mortgage Loan Amount Applied For | $3,134,000 |
| Average Applicant Income | $72,188 |
| Highest Applicant Income | $2,430,000 |
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| Home Improvement |
4,010 | $678,219,000 |
$169,000 | $850,000 |
$79,000 | $600,000 |
| Home Purchase |
9,611 | $1,652,223,000 |
$171,000 | $1,223,000 |
$86,000 | $2,430,000 |
| Refinancing |
58,371 | $9,713,256,000 |
$166,000 | $3,134,000 |
$79,000 | $2,400,000 |
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| American Indian or Alaskan Native |
257 | $45,045,000 |
$175,000 | $679,000 |
$78,000 | $298,000 |
| Asian |
1,401 | $318,025,000 |
$226,000 | $1,000,000 |
$94,000 | $728,000 |
| Black or African American |
3,610 | $619,538,000 |
$171,000 | $1,125,000 |
$76,000 | $2,160,000 |
| Hispanic |
4,857 | $907,987,000 |
$186,000 | $945,000 |
$76,000 | $1,080,000 |
| Native Hawaiin or Other Pacific Islander |
472 | $114,327,000 |
$242,000 | $870,000 |
$84,000 | $700,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
13,207 | $2,160,458,000 |
$163,000 | $1,000,000 |
$78,000 | $1,080,000 |
| White |
48,188 | $7,878,318,000 |
$163,000 | $3,134,000 |
$81,000 | $2,430,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
71,992 | $12,043,698,000 |
$167,000 | $3,134,000 |
$80,000 | $2,430,000 |
| 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 |
2 | $600,000 |
$300,000 | $500,000 |
$101,000 | $120,000 |
| Application Denied By Financial Institution |
10,276 | $1,766,893,000 |
$171,000 | $1,427,000 |
$78,000 | $900,000 |
| Application Withdrawn By Applicant |
19,479 | $3,225,374,000 |
$165,000 | $3,134,000 |
$78,000 | $2,400,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
42,235 | $7,050,831,000 |
$166,000 | $1,200,000 |
$81,000 | $2,430,000 |
| 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 |
5,187 | $926,427,000 |
$178,000 | $1,400,000 |
$80,000 | $900,000 |
| Credit Application Incomplete |
106 | $17,221,000 |
$162,000 | $473,000 |
$74,000 | $780,000 |
| Credit History |
1,380 | $218,043,000 |
$158,000 | $938,000 |
$71,000 | $684,000 |
| Debt-To-Income Ratio |
1,081 | $189,548,000 |
$175,000 | $1,000,000 |
$72,000 | $343,000 |
| Employment History |
170 | $25,681,000 |
$151,000 | $500,000 |
$69,000 | $256,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
497 | $89,442,000 |
$179,000 | $740,000 |
$80,000 | $684,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
1,075 | $169,758,000 |
$157,000 | $955,000 |
$79,000 | $684,000 |
| Unverifiable Information |
646 | $107,493,000 |
$166,000 | $1,427,000 |
$81,000 | $611,000 |
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Mortgage Loan App Totals for HOME LOAN CENTER, INC by:
Metropolitan Area And
County
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