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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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HOMEFIRST MORTGAGE, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
HOMEFIRST MORTGAGE, INC. |
| Address | 30 EXECUTIVE PARK, STE 200
IRVINE, CA 92614 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 2,841 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $525,048,000 |
| Average Mortgage Loan Amount Applied For | $143,172 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $64,839 |
| Highest Applicant Income | $605,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
47 | $10,238,000 |
$172,250 | $1,000,000 |
$81,000 | $356,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
2,794 | $514,810,000 |
$145,750 | $750,000 |
$67,178 | $605,000 |
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| American Indian or Alaskan Native |
2 | $271,000 |
$135,500 | $140,000 |
$52,000 | $74,000 |
| Asian or Pacific Islander |
9 | $2,016,000 |
$224,000 | $314,000 |
$83,500 | $105,000 |
| Black |
17 | $2,700,000 |
$127,666 | $266,000 |
$53,666 | $144,000 |
| Hispanic |
26 | $5,276,000 |
$220,800 | $450,000 |
$73,600 | $178,000 |
| Information not provided by applicant in mail or telephone application |
207 | $41,967,000 |
$156,222 | $1,000,000 |
$63,444 | $356,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
3 | $773,000 |
$239,500 | $412,000 |
$65,000 | $98,000 |
| White |
2,577 | $472,045,000 |
$145,392 | $750,000 |
$67,607 | $605,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,839 | $524,692,000 |
$145,642 | $1,000,000 |
$67,321 | $605,000 |
| FHA-insured (Federal Housing Administration) |
1 | $192,000 |
$192,000 | $192,000 |
$78,000 | $78,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
1 | $164,000 |
$164,000 | $164,000 |
$68,000 | $68,000 |
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| Application Approved But Not Accepted |
97 | $16,269,000 |
$138,133 | $485,000 |
$60,933 | $375,000 |
| Application Denied By Financial Institution |
620 | $101,869,000 |
$138,000 | $650,000 |
$63,952 | $605,000 |
| Application Withdrawn By Applicant |
169 | $30,723,000 |
$151,210 | $532,000 |
$74,631 | $556,000 |
| File Closed For Incompleteness |
1 | $204,000 |
$204,000 | $204,000 |
$55,000 | $55,000 |
| Loan Originated |
1,954 | $375,983,000 |
$148,740 | $1,000,000 |
$69,037 | $387,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
115 | $17,570,000 |
$140,235 | $440,000 |
$57,411 | $219,000 |
| Credit Application Incomplete |
4 | $469,000 |
$113,333 | $172,000 |
$62,666 | $87,000 |
| Credit History |
114 | $19,060,000 |
$152,941 | $508,000 |
$63,588 | $291,000 |
| Debt-To-Income Ratio |
68 | $13,133,000 |
$181,923 | $525,000 |
$61,153 | $150,000 |
| Employment History |
3 | $452,000 |
$150,666 | $208,000 |
$64,333 | $108,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
246 | $40,052,000 |
$138,650 | $629,000 |
$67,400 | $365,000 |
| Mortgage Insurance Denied |
1 | $88,000 |
$88,000 | $88,000 |
$58,000 | $58,000 |
| Other |
42 | $7,095,000 |
$152,785 | $650,000 |
$66,785 | $605,000 |
| Unverifiable Information |
23 | $3,405,000 |
$141,090 | $450,000 |
$72,181 | $333,000 |
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Mortgage Loan App Totals for HOMEFIRST MORTGAGE, INC. by:
Metropolitan Area And
County
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