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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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IMORTGAGE.COM, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
IMORTGAGE.COM, INC. |
| Address | 4800 N. SCOTTSDALE ROAD, SUITE 3800
SCOTTSDALE, AZ 85251 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 10,615 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,173,241,000 |
| Average Mortgage Loan Amount Applied For | $365,738 |
| Highest Mortgage Loan Amount Applied For | $4,900,000 |
| Average Applicant Income | $139,023 |
| Highest Applicant Income | $7,527,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
12,320 | $2,506,607,000 |
$203,000 | $4,900,000 |
$87,000 | $7,527,000 |
| Refinancing |
67 | $17,540,000 |
$261,000 | $572,000 |
$110,000 | $612,000 |
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| American Indian or Alaskan Native |
13 | $3,066,000 |
$235,000 | $463,000 |
$98,000 | $193,000 |
| Asian |
112 | $26,261,000 |
$234,000 | $923,000 |
$73,000 | $240,000 |
| Black or African American |
48 | $9,142,000 |
$190,000 | $500,000 |
$65,000 | $205,000 |
| Hispanic |
1,601 | $300,109,000 |
$187,000 | $1,000,000 |
$76,000 | $659,000 |
| Native Hawaiin or Other Pacific Islander |
12 | $2,358,000 |
$196,000 | $453,000 |
$64,000 | $135,000 |
| Not applicable |
67 | $3,693,000 |
$55,000 | $322,000 |
$71,000 | $226,000 |
| Not Provided |
9,385 | $1,960,766,000 |
$208,000 | $2,339,000 |
$90,000 | $7,527,000 |
| White |
1,149 | $218,752,000 |
$190,000 | $4,900,000 |
$81,000 | $1,200,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
12,294 | $2,504,461,000 |
$203,000 | $4,900,000 |
$87,000 | $7,527,000 |
| FHA-insured (Federal Housing Administration) |
46 | $8,442,000 |
$183,000 | $251,000 |
$72,000 | $217,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
47 | $11,244,000 |
$239,000 | $444,000 |
$81,000 | $168,000 |
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| Application Approved But Not Accepted |
1,680 | $355,811,000 |
$211,000 | $1,100,000 |
$91,000 | $1,500,000 |
| Application Denied By Financial Institution |
28 | $7,666,000 |
$273,000 | $885,000 |
$76,000 | $438,000 |
| Application Withdrawn By Applicant |
2,475 | $484,749,000 |
$195,000 | $2,339,000 |
$79,000 | $798,000 |
| File Closed For Incompleteness |
637 | $132,142,000 |
$207,000 | $1,000,000 |
$96,000 | $1,200,000 |
| Loan Originated |
7,564 | $1,543,173,000 |
$204,000 | $4,900,000 |
$88,000 | $7,527,000 |
| Loan Purchased By The Institution |
3 | $606,000 |
$202,000 | $226,000 |
$79,000 | $96,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1 | $95,000 |
$95,000 | $95,000 |
$24,000 | $24,000 |
| Debt-To-Income Ratio |
2 | $556,000 |
$278,000 | $280,000 |
$55,000 | $60,000 |
| Employment History |
1 | $295,000 |
$295,000 | $295,000 |
$83,000 | $83,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $380,000 |
$126,000 | $181,000 |
$20,000 | $60,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
2 | $484,000 |
$242,000 | $387,000 |
$0 | $0 |
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Mortgage Loan App Totals for IMORTGAGE.COM, INC. by:
Metropolitan Area And
County
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