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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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HOMEFIELD FINANCIAL, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
HOMEFIELD FINANCIAL, INC. |
| Address | 410 EXCHANGE, SUITE 100
IRVINE, CA 92602 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 48,966 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $11,060,314,000 |
| Average Mortgage Loan Amount Applied For | $177,145 |
| Highest Mortgage Loan Amount Applied For | $3,800,000 |
| Average Applicant Income | $32,175 |
| Highest Applicant Income | $1,800,000 |
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| Home Improvement |
6 | $808,000 |
$134,000 | $298,000 |
$14,000 | $48,000 |
| Home Purchase |
2,536 | $612,575,000 |
$241,000 | $2,880,000 |
$50,000 | $1,200,000 |
| Refinancing |
46,428 | $10,447,358,000 |
$225,000 | $3,800,000 |
$42,000 | $1,800,000 |
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| American Indian or Alaskan Native |
48 | $10,541,000 |
$219,000 | $720,000 |
$50,000 | $204,000 |
| Asian |
647 | $179,330,000 |
$277,000 | $3,800,000 |
$91,000 | $804,000 |
| Black or African American |
33,600 | $7,691,283,000 |
$228,000 | $3,680,000 |
$33,000 | $1,440,000 |
| Hispanic |
651 | $142,660,000 |
$219,000 | $1,500,000 |
$55,000 | $372,000 |
| Native Hawaiin or Other Pacific Islander |
144 | $37,595,000 |
$261,000 | $855,000 |
$82,000 | $312,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
683 | $131,087,000 |
$191,000 | $1,500,000 |
$51,000 | $900,000 |
| White |
13,197 | $2,868,245,000 |
$217,000 | $3,600,000 |
$63,000 | $1,800,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
48,970 | $11,060,741,000 |
$225,000 | $3,800,000 |
$43,000 | $1,800,000 |
| 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 |
233 | $58,650,000 |
$251,000 | $1,000,000 |
$86,000 | $600,000 |
| Application Denied By Financial Institution |
3,409 | $739,612,000 |
$216,000 | $3,680,000 |
$22,000 | $1,200,000 |
| Application Withdrawn By Applicant |
40,978 | $9,317,983,000 |
$227,000 | $3,800,000 |
$39,000 | $1,800,000 |
| File Closed For Incompleteness |
1 | $148,000 |
$148,000 | $148,000 |
$48,000 | $48,000 |
| Loan Originated |
4,349 | $944,348,000 |
$217,000 | $1,500,000 |
$87,000 | $636,000 |
| 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 |
756 | $178,587,000 |
$236,000 | $960,000 |
$34,000 | $300,000 |
| Credit Application Incomplete |
60 | $15,129,000 |
$252,000 | $620,000 |
$29,000 | $240,000 |
| Credit History |
1,701 | $354,510,000 |
$208,000 | $2,000,000 |
$12,000 | $1,200,000 |
| Debt-To-Income Ratio |
111 | $21,550,000 |
$194,000 | $752,000 |
$35,000 | $156,000 |
| Employment History |
44 | $7,982,000 |
$181,000 | $750,000 |
$29,000 | $108,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
83 | $16,304,000 |
$196,000 | $730,000 |
$46,000 | $432,000 |
| Mortgage Insurance Denied |
1 | $219,000 |
$219,000 | $219,000 |
$0 | $0 |
| Other |
607 | $135,607,000 |
$223,000 | $3,680,000 |
$26,000 | $576,000 |
| Unverifiable Information |
46 | $9,724,000 |
$211,000 | $600,000 |
$45,000 | $240,000 |
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Mortgage Loan App Totals for HOMEFIELD FINANCIAL, INC. by:
Metropolitan Area And
County
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