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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 LINK FINANCIAL SERVICES
Mortgage Loans and Application Details
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| Mortgage Company Name |
LOAN LINK FINANCIAL SERVICES |
| Address | 26800 ALISO VIEJO PARKWAY SUITE 100
ALISO VIEJO, CA 92656 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,962 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $859,541,000 |
| Average Mortgage Loan Amount Applied For | $245,509 |
| Highest Mortgage Loan Amount Applied For | $1,950,000 |
| Average Applicant Income | $143,793 |
| Highest Applicant Income | $1,917,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,257 | $332,072,000 |
$264,000 | $1,782,000 |
$170,000 | $1,917,000 |
| Refinancing |
1,875 | $573,368,000 |
$305,000 | $1,950,000 |
$145,000 | $1,122,000 |
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| American Indian or Alaskan Native |
10 | $3,143,000 |
$314,000 | $650,000 |
$216,000 | $684,000 |
| Asian |
166 | $56,374,000 |
$339,000 | $1,950,000 |
$164,000 | $547,000 |
| Black or African American |
177 | $47,430,000 |
$267,000 | $1,000,000 |
$141,000 | $480,000 |
| Hispanic |
841 | $219,423,000 |
$260,000 | $1,365,000 |
$126,000 | $540,000 |
| Native Hawaiin or Other Pacific Islander |
41 | $15,603,000 |
$380,000 | $1,782,000 |
$184,000 | $996,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
399 | $117,993,000 |
$295,000 | $1,500,000 |
$157,000 | $1,122,000 |
| White |
1,498 | $445,474,000 |
$297,000 | $1,935,000 |
$171,000 | $1,917,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,130 | $905,053,000 |
$289,000 | $1,950,000 |
$155,000 | $1,917,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $387,000 |
$193,000 | $344,000 |
$116,000 | $116,000 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Application Approved But Not Accepted |
60 | $16,772,000 |
$279,000 | $1,500,000 |
$128,000 | $311,000 |
| Application Denied By Financial Institution |
250 | $67,601,000 |
$270,000 | $1,500,000 |
$188,000 | $1,917,000 |
| Application Withdrawn By Applicant |
816 | $244,712,000 |
$299,000 | $1,950,000 |
$158,000 | $1,200,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
2,006 | $576,355,000 |
$287,000 | $1,935,000 |
$151,000 | $1,260,000 |
| 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 |
24 | $5,513,000 |
$229,000 | $640,000 |
$454,000 | $1,917,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
33 | $7,290,000 |
$220,000 | $615,000 |
$128,000 | $492,000 |
| Debt-To-Income Ratio |
7 | $1,989,000 |
$284,000 | $590,000 |
$80,000 | $119,000 |
| Employment History |
5 | $2,054,000 |
$410,000 | $941,000 |
$156,000 | $312,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $515,000 |
$515,000 | $515,000 |
$156,000 | $156,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
100 | $28,049,000 |
$280,000 | $1,500,000 |
$178,000 | $750,000 |
| Unverifiable Information |
19 | $3,678,000 |
$193,000 | $760,000 |
$140,000 | $420,000 |
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Mortgage Loan App Totals for LOAN LINK FINANCIAL SERVICES by:
Metropolitan Area And
County
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