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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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MILLENNIA MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
MILLENNIA MORTGAGE CORPORATION |
| Address | 23046 AVENIDA DE LA CARLOTA #100
LAGUNA HILLS, CA 92653 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 40,540 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $6,307,383,000 |
| Average Mortgage Loan Amount Applied For | $133,442 |
| Highest Mortgage Loan Amount Applied For | $1,930,000 |
| Average Applicant Income | $41,881 |
| Highest Applicant Income | $1,812,000 |
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| Home Improvement |
2 | $208,000 |
$104,000 | $150,000 |
$47,000 | $52,000 |
| Home Purchase |
5,127 | $456,494,000 |
$89,000 | $1,780,000 |
$64,000 | $508,000 |
| Refinancing |
35,411 | $5,850,681,000 |
$165,000 | $1,930,000 |
$39,000 | $1,812,000 |
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| American Indian or Alaskan Native |
376 | $54,691,000 |
$145,000 | $642,000 |
$42,000 | $750,000 |
| Asian |
1,107 | $237,895,000 |
$214,000 | $1,930,000 |
$44,000 | $1,622,000 |
| Black or African American |
3,270 | $503,690,000 |
$154,000 | $1,500,000 |
$40,000 | $1,200,000 |
| Hispanic |
3,667 | $639,080,000 |
$174,000 | $1,801,000 |
$37,000 | $978,000 |
| Native Hawaiin or Other Pacific Islander |
165 | $36,911,000 |
$223,000 | $1,125,000 |
$53,000 | $1,104,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
6,179 | $1,022,874,000 |
$165,000 | $1,780,000 |
$39,000 | $1,380,000 |
| White |
25,776 | $3,812,242,000 |
$147,000 | $1,900,000 |
$44,000 | $1,812,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
40,528 | $6,305,601,000 |
$155,000 | $1,930,000 |
$42,000 | $1,812,000 |
| FHA-insured (Federal Housing Administration) |
9 | $1,198,000 |
$133,000 | $250,000 |
$56,000 | $105,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
3 | $584,000 |
$194,000 | $328,000 |
$94,000 | $150,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
6,229 | $869,570,000 |
$139,000 | $1,780,000 |
$43,000 | $989,000 |
| Application Withdrawn By Applicant |
26,304 | $4,210,689,000 |
$160,000 | $1,930,000 |
$39,000 | $1,812,000 |
| File Closed For Incompleteness |
4,158 | $736,188,000 |
$177,000 | $1,700,000 |
$44,000 | $1,200,000 |
| Loan Originated |
3,849 | $490,936,000 |
$127,000 | $1,470,000 |
$64,000 | $508,000 |
| 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 MILLENNIA MORTGAGE CORPORATION by:
Metropolitan Area And
County
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