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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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HORIZON DIRECT, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
HORIZON DIRECT, INC |
| Address | 30101 AGOURA COURT SUITE 102
AGOURA HILLS, CA 91301 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 736 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $306,958,000 |
| Average Mortgage Loan Amount Applied For | $354,842 |
| Highest Mortgage Loan Amount Applied For | $5,690,000 |
| Average Applicant Income | $162,557 |
| Highest Applicant Income | $2,220,000 |
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| Home Improvement |
1 | $176,000 |
$176,000 | $176,000 |
$96,000 | $96,000 |
| Home Purchase |
821 | $269,119,000 |
$327,000 | $6,435,000 |
$183,000 | $2,040,000 |
| Refinancing |
1,454 | $654,594,000 |
$450,000 | $6,000,000 |
$191,000 | $4,440,000 |
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| American Indian or Alaskan Native |
7 | $4,419,000 |
$631,000 | $2,220,000 |
$474,000 | $1,980,000 |
| Asian |
85 | $31,570,000 |
$371,000 | $3,500,000 |
$173,000 | $1,083,000 |
| Black or African American |
175 | $57,988,000 |
$331,000 | $2,000,000 |
$196,000 | $3,475,000 |
| Hispanic |
838 | $250,240,000 |
$298,000 | $4,500,000 |
$128,000 | $2,114,000 |
| Native Hawaiin or Other Pacific Islander |
25 | $10,761,000 |
$430,000 | $920,000 |
$211,000 | $372,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
348 | $153,607,000 |
$441,000 | $5,690,000 |
$184,000 | $1,620,000 |
| White |
798 | $415,304,000 |
$520,000 | $6,435,000 |
$249,000 | $4,440,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,276 | $923,889,000 |
$405,000 | $6,435,000 |
$188,000 | $4,440,000 |
| 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 |
272 | $122,164,000 |
$449,000 | $5,690,000 |
$173,000 | $1,776,000 |
| Application Denied By Financial Institution |
162 | $49,289,000 |
$304,000 | $1,238,000 |
$147,000 | $636,000 |
| Application Withdrawn By Applicant |
614 | $251,107,000 |
$408,000 | $6,435,000 |
$197,000 | $4,440,000 |
| File Closed For Incompleteness |
284 | $100,743,000 |
$354,000 | $3,500,000 |
$185,000 | $2,114,000 |
| Loan Originated |
921 | $392,922,000 |
$426,000 | $5,325,000 |
$196,000 | $3,475,000 |
| Loan Purchased By The Institution |
23 | $7,664,000 |
$333,000 | $1,245,000 |
$119,000 | $335,000 |
| 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 |
8 | $2,821,000 |
$352,000 | $630,000 |
$118,000 | $216,000 |
| Credit Application Incomplete |
1 | $221,000 |
$221,000 | $221,000 |
$180,000 | $180,000 |
| Credit History |
8 | $1,622,000 |
$202,000 | $480,000 |
$99,000 | $200,000 |
| Debt-To-Income Ratio |
6 | $1,417,000 |
$236,000 | $570,000 |
$95,000 | $133,000 |
| Employment History |
3 | $1,089,000 |
$363,000 | $503,000 |
$135,000 | $216,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
17 | $6,003,000 |
$353,000 | $1,088,000 |
$154,000 | $504,000 |
| Unverifiable Information |
6 | $3,025,000 |
$504,000 | $1,238,000 |
$166,000 | $340,000 |
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Mortgage Loan App Totals for HORIZON DIRECT, INC by:
Metropolitan Area And
County
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