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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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LIBERTY AMERICAN MORTGAGE CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
LIBERTY AMERICAN MORTGAGE CORP |
| Address | 2281 LAVA RIDGE CT 2ND FL
ROSEVILLE, CA 95661 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 11,349 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,313,450,000 |
| Average Mortgage Loan Amount Applied For | $153,818 |
| Highest Mortgage Loan Amount Applied For | $1,085,000 |
| Average Applicant Income | $88,378 |
| Highest Applicant Income | $2,760,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
4,968 | $1,107,196,000 |
$222,000 | $1,000,000 |
$102,000 | $2,104,000 |
| Refinancing |
6,695 | $1,269,561,000 |
$189,000 | $1,085,000 |
$111,000 | $2,760,000 |
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| American Indian or Alaskan Native |
75 | $12,631,000 |
$168,000 | $630,000 |
$111,000 | $333,000 |
| Asian |
719 | $170,921,000 |
$237,000 | $732,000 |
$117,000 | $816,000 |
| Black or African American |
1,310 | $299,914,000 |
$228,000 | $775,000 |
$106,000 | $1,478,000 |
| Hispanic |
2,994 | $604,960,000 |
$202,000 | $800,000 |
$98,000 | $870,000 |
| Native Hawaiin or Other Pacific Islander |
149 | $33,448,000 |
$224,000 | $756,000 |
$142,000 | $766,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2,298 | $505,397,000 |
$219,000 | $1,000,000 |
$114,000 | $1,548,000 |
| White |
4,118 | $749,486,000 |
$182,000 | $1,085,000 |
$108,000 | $2,760,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
11,663 | $2,376,757,000 |
$203,000 | $1,085,000 |
$107,000 | $2,760,000 |
| 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 |
2,554 | $493,185,000 |
$193,000 | $765,000 |
$102,000 | $1,337,000 |
| Application Denied By Financial Institution |
6,162 | $1,363,355,000 |
$221,000 | $1,085,000 |
$109,000 | $1,478,000 |
| Application Withdrawn By Applicant |
305 | $60,891,000 |
$199,000 | $752,000 |
$117,000 | $720,000 |
| File Closed For Incompleteness |
86 | $23,793,000 |
$276,000 | $875,000 |
$139,000 | $528,000 |
| Loan Originated |
2,556 | $435,533,000 |
$170,000 | $757,000 |
$107,000 | $2,760,000 |
| 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 |
130 | $26,306,000 |
$202,000 | $720,000 |
$115,000 | $780,000 |
| Credit Application Incomplete |
9 | $1,459,000 |
$162,000 | $360,000 |
$131,000 | $519,000 |
| Credit History |
1,272 | $277,982,000 |
$218,000 | $810,000 |
$98,000 | $600,000 |
| Debt-To-Income Ratio |
253 | $50,247,000 |
$198,000 | $675,000 |
$96,000 | $360,000 |
| Employment History |
177 | $37,707,000 |
$213,000 | $726,000 |
$121,000 | $571,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
116 | $27,204,000 |
$234,000 | $680,000 |
$117,000 | $611,000 |
| Mortgage Insurance Denied |
1 | $50,000 |
$50,000 | $50,000 |
$168,000 | $168,000 |
| Other |
3,682 | $850,601,000 |
$231,000 | $1,085,000 |
$112,000 | $1,478,000 |
| Unverifiable Information |
216 | $48,302,000 |
$223,000 | $680,000 |
$131,000 | $840,000 |
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Mortgage Loan App Totals for LIBERTY AMERICAN MORTGAGE CORP by:
Metropolitan Area And
County
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