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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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INNOVEX MORTGAGE, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
INNOVEX MORTGAGE, INC |
| Address | 9775 TOWNE CENTRE DRIVE
SAN DIEGO, CA 92121 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 291 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $79,017,000 |
| Average Mortgage Loan Amount Applied For | $245,987 |
| Highest Mortgage Loan Amount Applied For | $1,000,000 |
| Average Applicant Income | $149,470 |
| Highest Applicant Income | $4,500,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
124 | $33,944,000 |
$273,000 | $1,000,000 |
$175,000 | $4,500,000 |
| Refinancing |
168 | $45,373,000 |
$270,000 | $995,000 |
$119,000 | $720,000 |
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| American Indian or Alaskan Native |
1 | $505,000 |
$505,000 | $505,000 |
$254,000 | $254,000 |
| Asian |
6 | $1,908,000 |
$318,000 | $417,000 |
$200,000 | $358,000 |
| Black or African American |
5 | $1,454,000 |
$290,000 | $531,000 |
$958,000 | $4,500,000 |
| Hispanic |
17 | $4,158,000 |
$244,000 | $417,000 |
$81,000 | $175,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $575,000 |
$287,000 | $400,000 |
$393,000 | $720,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
11 | $4,744,000 |
$431,000 | $800,000 |
$240,000 | $1,200,000 |
| White |
250 | $65,973,000 |
$263,000 | $1,000,000 |
$123,000 | $575,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
292 | $79,317,000 |
$271,000 | $1,000,000 |
$143,000 | $4,500,000 |
| 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 |
12 | $3,734,000 |
$311,000 | $967,000 |
$149,000 | $456,000 |
| Application Denied By Financial Institution |
14 | $4,123,000 |
$294,000 | $572,000 |
$225,000 | $1,200,000 |
| Application Withdrawn By Applicant |
2 | $840,000 |
$420,000 | $540,000 |
$122,000 | $180,000 |
| File Closed For Incompleteness |
2 | $1,022,000 |
$511,000 | $650,000 |
$165,000 | $233,000 |
| Loan Originated |
262 | $69,598,000 |
$265,000 | $1,000,000 |
$138,000 | $4,500,000 |
| 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 |
5 | $1,362,000 |
$272,000 | $417,000 |
$262,000 | $620,000 |
| Credit Application Incomplete |
4 | $1,226,000 |
$306,000 | $572,000 |
$48,000 | $77,000 |
| Credit History |
1 | $191,000 |
$191,000 | $191,000 |
$0 | $0 |
| Debt-To-Income Ratio |
1 | $130,000 |
$130,000 | $130,000 |
$83,000 | $83,000 |
| Employment History |
1 | $424,000 |
$424,000 | $424,000 |
$265,000 | $265,000 |
| 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 |
2 | $790,000 |
$395,000 | $515,000 |
$648,000 | $1,200,000 |
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Mortgage Loan App Totals for INNOVEX MORTGAGE, INC by:
Metropolitan Area And
County
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