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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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MARINERS CAPITAL, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
MARINERS CAPITAL, INC |
| Address | 500 SUPERIOR AVE SUITE 120
NEWPORT BEACH, CA 92663 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,189 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $646,892,000 |
| Average Mortgage Loan Amount Applied For | $224,417 |
| Highest Mortgage Loan Amount Applied For | $2,580,000 |
| Average Applicant Income | $74,181 |
| Highest Applicant Income | $2,040,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
651 | $199,055,000 |
$305,000 | $1,820,000 |
$153,000 | $1,682,000 |
| Refinancing |
1,548 | $450,419,000 |
$290,000 | $2,580,000 |
$92,000 | $2,040,000 |
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| American Indian or Alaskan Native |
2 | $478,000 |
$239,000 | $355,000 |
$67,000 | $76,000 |
| Asian |
88 | $36,167,000 |
$410,000 | $1,900,000 |
$182,000 | $1,296,000 |
| Black or African American |
294 | $71,043,000 |
$241,000 | $1,100,000 |
$93,000 | $426,000 |
| Hispanic |
485 | $146,615,000 |
$302,000 | $1,500,000 |
$110,000 | $504,000 |
| Native Hawaiin or Other Pacific Islander |
24 | $9,641,000 |
$401,000 | $1,468,000 |
$129,000 | $660,000 |
| Not applicable |
4 | $444,000 |
$111,000 | $207,000 |
$113,000 | $165,000 |
| Not Provided |
31 | $9,393,000 |
$303,000 | $900,000 |
$99,000 | $270,000 |
| White |
1,271 | $375,693,000 |
$295,000 | $2,580,000 |
$109,000 | $2,040,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,197 | $648,980,000 |
$295,000 | $2,580,000 |
$110,000 | $2,040,000 |
| 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) |
2 | $494,000 |
$247,000 | $417,000 |
$108,000 | $108,000 |
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| Application Approved But Not Accepted |
287 | $105,555,000 |
$367,000 | $1,800,000 |
$163,000 | $1,682,000 |
| Application Denied By Financial Institution |
340 | $86,011,000 |
$252,000 | $1,348,000 |
$81,000 | $526,000 |
| Application Withdrawn By Applicant |
839 | $229,106,000 |
$273,000 | $2,580,000 |
$83,000 | $1,296,000 |
| File Closed For Incompleteness |
57 | $19,338,000 |
$339,000 | $1,073,000 |
$135,000 | $540,000 |
| Loan Originated |
673 | $208,336,000 |
$309,000 | $1,820,000 |
$133,000 | $2,040,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Approved but not Accepted |
2 | $1,048,000 |
$524,000 | $525,000 |
$51,000 | $102,000 |
| Preapproval Denied by Financial Institution |
1 | $80,000 |
$80,000 | $80,000 |
$35,000 | $35,000 |
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| Collateral |
38 | $9,590,000 |
$252,000 | $975,000 |
$49,000 | $168,000 |
| Credit Application Incomplete |
1 | $300,000 |
$300,000 | $300,000 |
$47,000 | $47,000 |
| Credit History |
131 | $31,580,000 |
$241,000 | $1,348,000 |
$66,000 | $466,000 |
| Debt-To-Income Ratio |
10 | $4,275,000 |
$427,000 | $735,000 |
$139,000 | $175,000 |
| Employment History |
2 | $1,750,000 |
$875,000 | $990,000 |
$170,000 | $220,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
4 | $975,000 |
$243,000 | $476,000 |
$66,000 | $148,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
24 | $5,672,000 |
$236,000 | $608,000 |
$58,000 | $212,000 |
| Unverifiable Information |
10 | $2,314,000 |
$231,000 | $426,000 |
$75,000 | $212,000 |
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Mortgage Loan App Totals for MARINERS CAPITAL, INC by:
Metropolitan Area And
County
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