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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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LOAN CENTER OF CALIFORNIA, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
LOAN CENTER OF CALIFORNIA, INC |
| Address | ONE HARBOR CENTER, SUITE 188
SUISUN CITY, CA 94585 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 7,069 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,052,219,000 |
| Average Mortgage Loan Amount Applied For | $259,716 |
| Highest Mortgage Loan Amount Applied For | $2,100,000 |
| Average Applicant Income | $32,509 |
| Highest Applicant Income | $2,927,000 |
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| Home Improvement |
161 | $51,559,000 |
$320,000 | $1,820,000 |
$25,000 | $260,000 |
| Home Purchase |
4,792 | $1,350,005,000 |
$281,000 | $2,100,000 |
$36,000 | $2,927,000 |
| Refinancing |
2,152 | $660,209,000 |
$306,000 | $2,000,000 |
$37,000 | $742,000 |
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| American Indian or Alaskan Native |
37 | $11,257,000 |
$304,000 | $1,260,000 |
$32,000 | $233,000 |
| Asian |
1,220 | $373,538,000 |
$306,000 | $1,820,000 |
$30,000 | $720,000 |
| Black or African American |
1,032 | $289,437,000 |
$280,000 | $1,625,000 |
$32,000 | $720,000 |
| Hispanic |
2,521 | $670,543,000 |
$265,000 | $2,100,000 |
$30,000 | $742,000 |
| Native Hawaiin or Other Pacific Islander |
240 | $71,220,000 |
$296,000 | $1,000,000 |
$32,000 | $378,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
257 | $76,730,000 |
$298,000 | $1,302,000 |
$64,000 | $960,000 |
| White |
1,798 | $569,048,000 |
$316,000 | $2,000,000 |
$48,000 | $2,927,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
7,103 | $2,061,081,000 |
$290,000 | $2,100,000 |
$36,000 | $2,927,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $692,000 |
$346,000 | $519,000 |
$240,000 | $480,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
553 | $154,365,000 |
$279,000 | $1,000,000 |
$26,000 | $660,000 |
| Application Denied By Financial Institution |
4,025 | $1,168,203,000 |
$290,000 | $2,100,000 |
$49,000 | $2,927,000 |
| Application Withdrawn By Applicant |
104 | $32,172,000 |
$309,000 | $1,544,000 |
$29,000 | $420,000 |
| File Closed For Incompleteness |
8 | $2,742,000 |
$342,000 | $644,000 |
$45,000 | $271,000 |
| Loan Originated |
2,415 | $704,291,000 |
$291,000 | $2,000,000 |
$17,000 | $738,000 |
| 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 |
553 | $157,625,000 |
$285,000 | $1,603,000 |
$47,000 | $2,927,000 |
| Credit Application Incomplete |
186 | $57,630,000 |
$309,000 | $1,260,000 |
$38,000 | $418,000 |
| Credit History |
723 | $207,750,000 |
$287,000 | $2,100,000 |
$50,000 | $960,000 |
| Debt-To-Income Ratio |
296 | $81,553,000 |
$275,000 | $1,219,000 |
$61,000 | $426,000 |
| Employment History |
303 | $92,843,000 |
$306,000 | $1,950,000 |
$47,000 | $720,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
468 | $135,028,000 |
$288,000 | $1,416,000 |
$41,000 | $720,000 |
| Mortgage Insurance Denied |
3 | $824,000 |
$274,000 | $646,000 |
$45,000 | $136,000 |
| Other |
1,110 | $321,158,000 |
$289,000 | $1,680,000 |
$46,000 | $749,000 |
| Unverifiable Information |
347 | $104,107,000 |
$300,000 | $1,480,000 |
$70,000 | $737,000 |
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Mortgage Loan App Totals for LOAN CENTER OF CALIFORNIA, INC by:
Metropolitan Area And
County
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