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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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LENOX FINANCIAL MORTGAGE CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
LENOX FINANCIAL MORTGAGE CORP |
| Address | 16802 ASTON
IRVINE, CA 92606 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 4,231 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,324,889,000 |
| Average Mortgage Loan Amount Applied For | $235,039 |
| Highest Mortgage Loan Amount Applied For | $1,800,000 |
| Average Applicant Income | $81,102 |
| Highest Applicant Income | $1,020,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
283 | $93,192,000 |
$329,000 | $1,080,000 |
$85,000 | $500,000 |
| Refinancing |
3,995 | $1,247,707,000 |
$312,000 | $1,800,000 |
$98,000 | $1,020,000 |
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| American Indian or Alaskan Native |
11 | $2,683,000 |
$243,000 | $404,000 |
$80,000 | $138,000 |
| Asian |
57 | $21,183,000 |
$371,000 | $989,000 |
$141,000 | $472,000 |
| Black or African American |
85 | $27,050,000 |
$318,000 | $746,000 |
$96,000 | $253,000 |
| Hispanic |
253 | $78,970,000 |
$312,000 | $800,000 |
$95,000 | $288,000 |
| Native Hawaiin or Other Pacific Islander |
23 | $6,244,000 |
$271,000 | $560,000 |
$93,000 | $176,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2,841 | $886,478,000 |
$312,000 | $1,700,000 |
$93,000 | $1,020,000 |
| White |
1,008 | $318,291,000 |
$315,000 | $1,800,000 |
$107,000 | $924,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
4,278 | $1,340,899,000 |
$313,000 | $1,800,000 |
$97,000 | $1,020,000 |
| 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 |
85 | $26,062,000 |
$306,000 | $695,000 |
$107,000 | $545,000 |
| Application Denied By Financial Institution |
411 | $129,074,000 |
$314,000 | $1,800,000 |
$95,000 | $924,000 |
| Application Withdrawn By Applicant |
1,448 | $448,108,000 |
$309,000 | $1,700,000 |
$86,000 | $1,020,000 |
| File Closed For Incompleteness |
58 | $17,945,000 |
$309,000 | $672,000 |
$87,000 | $285,000 |
| Loan Originated |
2,276 | $719,710,000 |
$316,000 | $1,420,000 |
$104,000 | $900,000 |
| 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 |
26 | $7,516,000 |
$289,000 | $900,000 |
$125,000 | $420,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
43 | $12,361,000 |
$287,000 | $575,000 |
$74,000 | $180,000 |
| Debt-To-Income Ratio |
31 | $10,822,000 |
$349,000 | $1,800,000 |
$123,000 | $924,000 |
| Employment History |
10 | $4,849,000 |
$484,000 | $995,000 |
$143,000 | $348,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
8 | $2,402,000 |
$300,000 | $650,000 |
$92,000 | $183,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
13 | $4,455,000 |
$342,000 | $968,000 |
$156,000 | $472,000 |
| Unverifiable Information |
13 | $6,123,000 |
$471,000 | $1,334,000 |
$174,000 | $354,000 |
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Mortgage Loan App Totals for LENOX FINANCIAL MORTGAGE CORP by:
Metropolitan Area And
County
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