|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
IMPAC FUNDING CORP
Mortgage Loans and Application Details
|
|
|
| Mortgage Company Name |
IMPAC FUNDING CORP |
| Address | 19500 JAMBOREE ROAD IRVINE, CA 92612 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 61,445 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $17,180,706,000 |
| Average Mortgage Loan Amount Applied For | $231,564 |
| Highest Mortgage Loan Amount Applied For | $9,750,000 |
| Average Applicant Income | $86,438 |
| Highest Applicant Income | $4,644,000 |
|
|
| Home Improvement |
4 | $1,331,000 |
$332,000 | $596,000 |
$111,000 | $174,000 |
| Home Purchase |
32,337 | $8,148,475,000 |
$251,000 | $9,750,000 |
$124,000 | $4,644,000 |
| Refinancing |
29,104 | $9,030,900,000 |
$310,000 | $8,000,000 |
$113,000 | $3,411,000 |
|
| American Indian or Alaskan Native |
363 | $99,041,000 |
$272,000 | $1,238,000 |
$128,000 | $936,000 |
| Asian |
3,981 | $1,312,440,000 |
$329,000 | $2,760,000 |
$148,000 | $1,984,000 |
| Black or African American |
5,824 | $1,374,424,000 |
$235,000 | $2,800,000 |
$117,000 | $1,901,000 |
| Hispanic |
16,310 | $4,057,577,000 |
$248,000 | $1,925,000 |
$112,000 | $1,444,000 |
| Native Hawaiin or Other Pacific Islander |
573 | $172,226,000 |
$300,000 | $1,050,000 |
$145,000 | $1,500,000 |
| Not applicable |
116 | $29,060,000 |
$250,000 | $975,000 |
$94,000 | $306,000 |
| Not Provided |
15,557 | $5,014,593,000 |
$322,000 | $9,750,000 |
$78,000 | $3,050,000 |
| White |
18,721 | $5,121,345,000 |
$273,000 | $2,200,000 |
$153,000 | $4,644,000 |
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
61,445 | $17,180,706,000 |
$279,000 | $9,750,000 |
$119,000 | $4,644,000 |
| 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 |
|
| Application Approved But Not Accepted |
55 | $15,985,000 |
$290,000 | $1,500,000 |
$157,000 | $455,000 |
| Application Denied By Financial Institution |
5,284 | $1,438,427,000 |
$272,000 | $2,100,000 |
$167,000 | $3,050,000 |
| Application Withdrawn By Applicant |
11,916 | $3,152,346,000 |
$264,000 | $2,800,000 |
$135,000 | $2,951,000 |
| File Closed For Incompleteness |
6 | $1,543,000 |
$257,000 | $600,000 |
$0 | $0 |
| Loan Originated |
13,884 | $4,017,266,000 |
$289,000 | $9,750,000 |
$137,000 | $4,644,000 |
| Loan Purchased By The Institution |
30,300 | $8,555,139,000 |
$282,000 | $2,045,000 |
$96,000 | $2,879,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
| Collateral |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
Mortgage Loan App Totals for IMPAC FUNDING CORP by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|