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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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MILLENNIUM HOME LOANS
Mortgage Loans and Application Details
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| Mortgage Company Name |
MILLENNIUM HOME LOANS |
| Address | 8685 WEST SAHARA STE 280
LAS VEGAS, NV 89117 |
| Agency | Office of the Comptroller of the Currency (OCC) |
| Year | 2005 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 168 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $34,667,000 |
| Average Mortgage Loan Amount Applied For | $144,040 |
| Highest Mortgage Loan Amount Applied For | $799,000 |
| Average Applicant Income | $61,200 |
| Highest Applicant Income | $517,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
46 | $9,197,000 |
$114,500 | $612,000 |
$40,166 | $213,000 |
| Refinancing |
122 | $25,470,000 |
$160,454 | $799,000 |
$76,818 | $517,000 |
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| American Indian or Alaskan Native |
1 | $319,000 |
$319,000 | $319,000 |
$71,000 | $71,000 |
| Asian |
1 | $200,000 |
$200,000 | $200,000 |
$66,000 | $66,000 |
| Black or African American |
11 | $2,456,000 |
$197,200 | $550,000 |
$65,400 | $109,000 |
| Hispanic |
21 | $4,494,000 |
$141,500 | $799,000 |
$74,000 | $517,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $758,000 |
$189,000 | $270,000 |
$59,000 | $101,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
25 | $5,146,000 |
$139,000 | $520,000 |
$41,666 | $252,000 |
| White |
105 | $21,294,000 |
$134,666 | $612,000 |
$68,500 | $300,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
168 | $34,667,000 |
$142,071 | $799,000 |
$67,785 | $517,000 |
| 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 |
32 | $4,746,000 |
$95,714 | $550,000 |
$37,000 | $67,000 |
| Application Withdrawn By Applicant |
105 | $21,285,000 |
$174,300 | $576,000 |
$79,800 | $300,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Purchased By The Institution |
31 | $8,636,000 |
$252,500 | $799,000 |
$120,000 | $517,000 |
| 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 |
2 | $164,000 |
$82,000 | $130,000 |
$41,000 | $60,000 |
| Credit History |
19 | $2,535,000 |
$93,600 | $296,000 |
$36,600 | $57,000 |
| Debt-To-Income Ratio |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
1 | $115,000 |
$115,000 | $115,000 |
$17,000 | $17,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
8 | $1,622,000 |
$131,000 | $550,000 |
$43,500 | $67,000 |
| Unverifiable Information |
2 | $310,000 |
$155,000 | $160,000 |
$37,000 | $38,000 |
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Mortgage Loan App Totals for MILLENNIUM HOME LOANS by:
Metropolitan Area And
County
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