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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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MASTER FINANCIAL, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
MASTER FINANCIAL, INC. |
| Address | 505 CITY PARKWAY WEST SUITE 800
ORANGE, CA 92868 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 15,224 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,807,138,000 |
| Average Mortgage Loan Amount Applied For | $188,893 |
| Highest Mortgage Loan Amount Applied For | $1,140,000 |
| Average Applicant Income | $84,271 |
| Highest Applicant Income | $1,425,000 |
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| Home Improvement |
2 | $311,000 |
$155,000 | $200,000 |
$184,000 | $188,000 |
| Home Purchase |
7,662 | $1,632,570,000 |
$213,000 | $1,140,000 |
$119,000 | $1,425,000 |
| Refinancing |
7,575 | $2,177,570,000 |
$287,000 | $1,085,000 |
$104,000 | $1,288,000 |
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| American Indian or Alaskan Native |
40 | $8,171,000 |
$204,000 | $486,000 |
$87,000 | $281,000 |
| Asian |
446 | $128,012,000 |
$287,000 | $855,000 |
$150,000 | $629,000 |
| Black or African American |
2,401 | $471,170,000 |
$196,000 | $1,085,000 |
$90,000 | $802,000 |
| Hispanic |
6,257 | $1,574,699,000 |
$251,000 | $1,000,000 |
$112,000 | $972,000 |
| Native Hawaiin or Other Pacific Islander |
133 | $40,139,000 |
$301,000 | $809,000 |
$138,000 | $601,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2,555 | $734,609,000 |
$287,000 | $1,069,000 |
$114,000 | $1,425,000 |
| White |
3,407 | $853,651,000 |
$250,000 | $1,140,000 |
$118,000 | $1,288,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
15,239 | $3,810,451,000 |
$250,000 | $1,140,000 |
$111,000 | $1,425,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
2,905 | $618,095,000 |
$212,000 | $1,085,000 |
$103,000 | $1,200,000 |
| Application Withdrawn By Applicant |
2,934 | $753,981,000 |
$256,000 | $1,069,000 |
$109,000 | $812,000 |
| File Closed For Incompleteness |
2,770 | $745,617,000 |
$269,000 | $1,140,000 |
$114,000 | $1,170,000 |
| Loan Originated |
6,630 | $1,692,758,000 |
$255,000 | $990,000 |
$115,000 | $1,425,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MASTER FINANCIAL, INC. by:
Metropolitan Area And
County
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