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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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MCMILLIN MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
MCMILLIN MORTGAGE |
| Address | 2727 HOOVER AVE
NATIONAL CITY, CA 91950 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 900 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $270,634,000 |
| Average Mortgage Loan Amount Applied For | $301,416 |
| Highest Mortgage Loan Amount Applied For | $1,600,000 |
| Average Applicant Income | $112,166 |
| Highest Applicant Income | $706,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
872 | $259,270,000 |
$297,000 | $1,600,000 |
$103,000 | $706,000 |
| Refinancing |
79 | $25,891,000 |
$327,000 | $940,000 |
$111,000 | $418,000 |
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| American Indian or Alaskan Native |
12 | $3,489,000 |
$290,000 | $585,000 |
$161,000 | $324,000 |
| Asian |
136 | $43,618,000 |
$320,000 | $1,000,000 |
$115,000 | $310,000 |
| Black or African American |
23 | $6,359,000 |
$276,000 | $650,000 |
$120,000 | $403,000 |
| Hispanic |
278 | $72,011,000 |
$259,000 | $1,000,000 |
$83,000 | $360,000 |
| Native Hawaiin or Other Pacific Islander |
14 | $5,171,000 |
$369,000 | $965,000 |
$73,000 | $242,000 |
| Not applicable |
12 | $2,530,000 |
$210,000 | $650,000 |
$99,000 | $263,000 |
| Not Provided |
83 | $23,052,000 |
$277,000 | $976,000 |
$51,000 | $294,000 |
| White |
393 | $128,931,000 |
$328,000 | $1,600,000 |
$124,000 | $706,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
951 | $285,161,000 |
$299,000 | $1,600,000 |
$103,000 | $706,000 |
| 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 |
68 | $21,498,000 |
$316,000 | $1,250,000 |
$122,000 | $442,000 |
| Application Denied By Financial Institution |
42 | $11,568,000 |
$275,000 | $423,000 |
$40,000 | $210,000 |
| Application Withdrawn By Applicant |
58 | $19,104,000 |
$329,000 | $1,000,000 |
$75,000 | $305,000 |
| File Closed For Incompleteness |
13 | $3,481,000 |
$267,000 | $576,000 |
$83,000 | $186,000 |
| Loan Originated |
770 | $229,510,000 |
$298,000 | $1,600,000 |
$108,000 | $706,000 |
| 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 |
17 | $4,630,000 |
$272,000 | $402,000 |
$32,000 | $84,000 |
| Debt-To-Income Ratio |
7 | $2,026,000 |
$289,000 | $366,000 |
$54,000 | $103,000 |
| Employment History |
1 | $336,000 |
$336,000 | $336,000 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
8 | $2,269,000 |
$283,000 | $423,000 |
$4,000 | $35,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Unverifiable Information |
2 | $421,000 |
$210,000 | $346,000 |
$51,000 | $78,000 |
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Mortgage Loan App Totals for MCMILLIN MORTGAGE by:
Metropolitan Area And
County
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