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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 MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
HOME LOAN MORTGAGE CORPORATION |
| Address | 11776 MARIPOSA ROAD
HESPERIA, CA 92345 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 546 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $120,875,000 |
| Average Mortgage Loan Amount Applied For | $202,397 |
| Highest Mortgage Loan Amount Applied For | $1,885,000 |
| Average Applicant Income | $112,520 |
| Highest Applicant Income | $960,000 |
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| Home Improvement |
2 | $525,000 |
$262,000 | $440,000 |
$110,000 | $110,000 |
| Home Purchase |
1,540 | $288,645,000 |
$187,000 | $1,295,000 |
$120,000 | $1,035,000 |
| Refinancing |
1,187 | $305,243,000 |
$257,000 | $1,885,000 |
$114,000 | $1,800,000 |
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| American Indian or Alaskan Native |
17 | $5,107,000 |
$300,000 | $600,000 |
$466,000 | $1,800,000 |
| Asian |
161 | $47,352,000 |
$294,000 | $1,260,000 |
$144,000 | $540,000 |
| Black or African American |
779 | $131,178,000 |
$168,000 | $1,000,000 |
$102,000 | $960,000 |
| Hispanic |
772 | $182,425,000 |
$236,000 | $1,885,000 |
$111,000 | $1,035,000 |
| Native Hawaiin or Other Pacific Islander |
14 | $3,343,000 |
$238,000 | $528,000 |
$111,000 | $264,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
143 | $25,726,000 |
$179,000 | $1,485,000 |
$90,000 | $341,000 |
| White |
843 | $199,282,000 |
$236,000 | $1,820,000 |
$131,000 | $1,547,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,723 | $593,373,000 |
$217,000 | $1,885,000 |
$118,000 | $1,800,000 |
| FHA-insured (Federal Housing Administration) |
6 | $1,040,000 |
$173,000 | $282,000 |
$59,000 | $82,000 |
| 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 |
550 | $118,986,000 |
$216,000 | $1,820,000 |
$109,000 | $540,000 |
| Application Denied By Financial Institution |
438 | $93,215,000 |
$212,000 | $1,485,000 |
$124,000 | $960,000 |
| Application Withdrawn By Applicant |
738 | $148,756,000 |
$201,000 | $1,885,000 |
$110,000 | $1,035,000 |
| File Closed For Incompleteness |
281 | $63,103,000 |
$224,000 | $1,500,000 |
$131,000 | $1,547,000 |
| Loan Originated |
650 | $153,680,000 |
$236,000 | $1,295,000 |
$125,000 | $1,800,000 |
| Loan Purchased By The Institution |
72 | $16,673,000 |
$231,000 | $679,000 |
$105,000 | $324,000 |
| 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 |
1 | $394,000 |
$394,000 | $394,000 |
$152,000 | $152,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $2,300,000 |
$383,000 | $956,000 |
$242,000 | $540,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
1 | $768,000 |
$768,000 | $768,000 |
$245,000 | $245,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $416,000 |
$416,000 | $416,000 |
$111,000 | $111,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
7 | $1,886,000 |
$269,000 | $536,000 |
$229,000 | $902,000 |
| Unverifiable Information |
1 | $63,000 |
$63,000 | $63,000 |
$104,000 | $104,000 |
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Mortgage Loan App Totals for HOME LOAN MORTGAGE CORPORATION by:
Metropolitan Area And
County
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