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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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LONG BEACH MORTGAGE CO.
Mortgage Loans and Application Details
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| Mortgage Company Name |
LONG BEACH MORTGAGE CO. |
| Address | 227 EAST AVENUE
ALBION, NY 14411 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 278,694 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $47,591,748,000 |
| Average Mortgage Loan Amount Applied For | $110,794 |
| Highest Mortgage Loan Amount Applied For | $1,600,000 |
| Average Applicant Income | $70,834 |
| Highest Applicant Income | $9,999,000 |
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| Home Improvement |
3,832 | $848,710,000 |
$161,244 | $1,085,000 |
$92,734 | $2,127,000 |
| Home Purchase |
187,811 | $28,519,696,000 |
$117,176 | $1,395,000 |
$76,156 | $9,999,000 |
| Refinancing |
87,051 | $18,223,342,000 |
$167,705 | $1,600,000 |
$84,411 | $9,999,000 |
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| American Indian or Alaskan Native |
883 | $148,013,000 |
$139,844 | $1,000,000 |
$86,111 | $1,457,000 |
| Asian |
12,239 | $3,078,227,000 |
$167,333 | $1,040,000 |
$111,354 | $6,587,000 |
| Black or African American |
54,505 | $7,743,633,000 |
$131,425 | $1,395,000 |
$74,489 | $2,490,000 |
| Hispanic |
84,819 | $14,702,148,000 |
$122,895 | $1,040,000 |
$74,270 | $9,999,000 |
| Native Hawaiin or Other Pacific Islander |
2,045 | $490,145,000 |
$141,868 | $1,000,000 |
$90,947 | $1,066,000 |
| Not applicable |
5,908 | $1,105,909,000 |
$152,120 | $1,000,000 |
$0 | $0 |
| Not Provided |
19,463 | $3,982,088,000 |
$151,901 | $1,200,000 |
$83,313 | $7,841,000 |
| White |
98,832 | $16,341,585,000 |
$146,568 | $1,600,000 |
$90,000 | $9,999,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
278,694 | $47,591,748,000 |
$137,568 | $1,600,000 |
$80,705 | $9,999,000 |
| 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 |
4,111 | $604,721,000 |
$137,347 | $1,000,000 |
$79,652 | $1,311,000 |
| Application Denied By Financial Institution |
95,936 | $17,313,825,000 |
$144,254 | $1,600,000 |
$84,137 | $9,999,000 |
| Application Withdrawn By Applicant |
644 | $118,935,000 |
$167,384 | $1,000,000 |
$97,717 | $1,268,000 |
| File Closed For Incompleteness |
199 | $37,540,000 |
$166,869 | $1,105,000 |
$77,130 | $936,000 |
| Loan Originated |
171,896 | $28,410,818,000 |
$134,340 | $1,000,000 |
$84,800 | $9,999,000 |
| Loan Purchased By The Institution |
5,908 | $1,105,909,000 |
$152,120 | $1,000,000 |
$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 |
8,526 | $1,609,265,000 |
$166,800 | $1,200,000 |
$106,600 | $6,206,000 |
| Credit Application Incomplete |
18,204 | $3,726,759,000 |
$152,204 | $1,160,000 |
$90,734 | $6,587,000 |
| Credit History |
18,172 | $3,334,560,000 |
$143,020 | $1,225,000 |
$74,760 | $2,927,000 |
| Debt-To-Income Ratio |
10,323 | $1,807,202,000 |
$146,857 | $1,200,000 |
$67,693 | $4,762,000 |
| Employment History |
793 | $134,611,000 |
$178,775 | $1,000,000 |
$94,625 | $1,176,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
4,684 | $825,886,000 |
$154,326 | $1,395,000 |
$79,346 | $1,490,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
23,840 | $3,619,052,000 |
$137,803 | $1,600,000 |
$93,725 | $9,999,000 |
| Unverifiable Information |
11,394 | $2,256,490,000 |
$155,160 | $1,250,000 |
$85,160 | $6,587,000 |
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Mortgage Loan App Totals for LONG BEACH MORTGAGE CO. by:
Metropolitan Area And
County
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