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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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MONEY CORP (FN)
Mortgage Loans and Application Details
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| Mortgage Company Name |
MONEY CORP (FN) |
| Address | 1425 W FOOTHILL BLVD., SUITE 210
UPLAND, CA 91786 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 287 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $54,660,000 |
| Average Mortgage Loan Amount Applied For | $246,627 |
| Highest Mortgage Loan Amount Applied For | $1,500,000 |
| Average Applicant Income | $163,232 |
| Highest Applicant Income | $900,000 |
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| Home Improvement |
1 | $740,000 |
$740,000 | $740,000 |
$293,000 | $293,000 |
| Home Purchase |
228 | $37,594,000 |
$175,750 | $1,015,000 |
$143,250 | $540,000 |
| Refinancing |
58 | $16,326,000 |
$226,500 | $1,500,000 |
$137,500 | $900,000 |
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| American Indian or Alaskan Native |
3 | $379,000 |
$138,500 | $175,000 |
$112,000 | $154,000 |
| Asian |
34 | $5,441,000 |
$203,500 | $650,000 |
$175,500 | $365,000 |
| Black or African American |
86 | $9,931,000 |
$196,857 | $1,000,000 |
$158,428 | $540,000 |
| Hispanic |
38 | $7,784,000 |
$158,000 | $740,000 |
$116,400 | $500,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $95,000 |
$47,000 | $80,000 |
$61,000 | $72,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
35 | $11,025,000 |
$311,200 | $1,500,000 |
$155,800 | $540,000 |
| White |
89 | $20,005,000 |
$198,375 | $1,000,000 |
$132,625 | $900,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
286 | $54,443,000 |
$187,000 | $1,500,000 |
$135,500 | $900,000 |
| FHA-insured (Federal Housing Administration) |
1 | $217,000 |
$217,000 | $217,000 |
$73,000 | $73,000 |
| 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 |
90 | $11,728,000 |
$169,333 | $760,000 |
$123,666 | $540,000 |
| Application Denied By Financial Institution |
106 | $19,432,000 |
$183,800 | $1,015,000 |
$150,800 | $500,000 |
| Application Withdrawn By Applicant |
71 | $17,753,000 |
$249,125 | $1,500,000 |
$151,375 | $540,000 |
| File Closed For Incompleteness |
2 | $388,000 |
$194,000 | $245,000 |
$156,000 | $240,000 |
| Loan Originated |
18 | $5,359,000 |
$406,285 | $1,000,000 |
$215,857 | $900,000 |
| 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 |
52 | $7,537,000 |
$185,500 | $650,000 |
$174,250 | $365,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
15 | $3,766,000 |
$250,500 | $903,000 |
$152,750 | $500,000 |
| Debt-To-Income Ratio |
11 | $3,684,000 |
$375,250 | $1,015,000 |
$145,000 | $216,000 |
| Employment History |
4 | $386,000 |
$96,000 | $212,000 |
$109,500 | $138,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
5 | $845,000 |
$157,000 | $359,000 |
$154,666 | $482,000 |
| Mortgage Insurance Denied |
1 | $27,000 |
$27,000 | $27,000 |
$36,000 | $36,000 |
| Other |
10 | $1,643,000 |
$146,250 | $580,000 |
$216,750 | $492,000 |
| Unverifiable Information |
8 | $1,544,000 |
$175,666 | $520,000 |
$133,666 | $360,000 |
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Mortgage Loan App Totals for MONEY CORP (FN) by:
Metropolitan Area And
County
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