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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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MERIWEST MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
MERIWEST MORTGAGE CORPORATION |
| Address | 5615 CHESBRO AVE, SUITE 110
SAN JOSE, CA 95123 |
| Agency | National Credit Union Administration (NCUA) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 2,604 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $541,143,000 |
| Average Mortgage Loan Amount Applied For | $187,986 |
| Highest Mortgage Loan Amount Applied For | $880,000 |
| Average Applicant Income | $73,520 |
| Highest Applicant Income | $948,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
328 | $81,270,000 |
$213,000 | $880,000 |
$71,000 | $736,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
2,283 | $460,884,000 |
$190,333 | $869,000 |
$77,777 | $948,000 |
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| American Indian or Alaskan Native |
7 | $1,887,000 |
$260,500 | $498,000 |
$91,500 | $159,000 |
| Asian or Pacific Islander |
203 | $55,392,000 |
$226,000 | $868,000 |
$86,250 | $410,000 |
| Black |
60 | $13,438,000 |
$209,200 | $580,000 |
$69,600 | $238,000 |
| Hispanic |
302 | $63,535,000 |
$179,500 | $750,000 |
$71,500 | $529,000 |
| Information not provided by applicant in mail or telephone application |
221 | $50,458,000 |
$167,333 | $856,000 |
$36,333 | $263,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $2,593,000 |
$236,000 | $550,000 |
$59,500 | $240,000 |
| White |
1,810 | $354,851,000 |
$172,000 | $880,000 |
$73,375 | $948,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,611 | $542,154,000 |
$194,272 | $880,000 |
$75,090 | $948,000 |
| 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 |
62 | $13,543,000 |
$178,666 | $744,000 |
$56,000 | $189,000 |
| Application Denied By Financial Institution |
14 | $4,206,000 |
$300,000 | $750,000 |
$76,000 | $153,000 |
| Application Withdrawn By Applicant |
300 | $71,997,000 |
$196,666 | $869,000 |
$73,666 | $830,000 |
| File Closed For Incompleteness |
7 | $1,263,000 |
$171,000 | $484,000 |
$73,500 | $137,000 |
| Loan Originated |
2,228 | $451,145,000 |
$194,181 | $880,000 |
$75,727 | $948,000 |
| Loan Purchased By The 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 MERIWEST MORTGAGE CORPORATION by:
Metropolitan Area And
County
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