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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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MORTGAGE CAPITAL ASSOCIATES
Mortgage Loans and Application Details
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| Mortgage Company Name |
MORTGAGE CAPITAL ASSOCIATES |
| Address | 11150 W. OLYMPIC BLVD., STE. 1160
LOS ANGELES, CA 90064 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2003 2004 2005 |
| Total Number of Mortgage Loan Applications Processed | 6,245 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,665,589,000 |
| Average Mortgage Loan Amount Applied For | $220,513 |
| Highest Mortgage Loan Amount Applied For | $2,738,000 |
| Average Applicant Income | $133,034 |
| Highest Applicant Income | $1,958,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
2,878 | $702,135,000 |
$213,541 | $2,738,000 |
$143,666 | $1,958,000 |
| Refinancing |
3,462 | $986,178,000 |
$244,520 | $2,000,000 |
$143,187 | $1,956,000 |
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| American Indian or Alaskan Native |
15 | $3,511,000 |
$245,666 | $708,000 |
$136,250 | $492,000 |
| Asian |
1,066 | $294,182,000 |
$210,000 | $1,600,000 |
$163,357 | $1,860,000 |
| Black or African American |
165 | $38,759,000 |
$212,111 | $1,138,000 |
$153,481 | $1,956,000 |
| Hispanic |
275 | $69,987,000 |
$204,166 | $948,000 |
$110,833 | $1,447,000 |
| Native Hawaiin or Other Pacific Islander |
24 | $6,530,000 |
$220,200 | $500,000 |
$98,200 | $300,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
918 | $250,639,000 |
$226,844 | $2,405,000 |
$172,844 | $1,920,000 |
| White |
3,877 | $1,024,705,000 |
$233,306 | $2,738,000 |
$133,102 | $1,958,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
6,318 | $1,684,807,000 |
$229,000 | $2,738,000 |
$145,469 | $1,958,000 |
| FHA-insured (Federal Housing Administration) |
20 | $3,206,000 |
$161,000 | $250,000 |
$167,687 | $1,488,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
2 | $300,000 |
$150,000 | $150,000 |
$49,500 | $62,000 |
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| Application Approved But Not Accepted |
396 | $106,836,000 |
$233,170 | $2,405,000 |
$124,292 | $900,000 |
| Application Denied By Financial Institution |
1 | $160,000 |
$160,000 | $160,000 |
$492,000 | $492,000 |
| Application Withdrawn By Applicant |
1,461 | $385,478,000 |
$231,319 | $1,750,000 |
$216,914 | $1,958,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
4,482 | $1,195,839,000 |
$221,255 | $2,738,000 |
$108,617 | $1,260,000 |
| 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 MORTGAGE CAPITAL ASSOCIATES by:
Metropolitan Area And
County
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