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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 PROCESS CENTER
Mortgage Loans and Application Details
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| Mortgage Company Name |
MORTGAGE PROCESS CENTER |
| Address | 7921 KINGSWOOD DR #A3
CITRUS HEIGHTS, CA 95610 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,167 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $303,428,000 |
| Average Mortgage Loan Amount Applied For | $244,200 |
| Highest Mortgage Loan Amount Applied For | $2,200,000 |
| Average Applicant Income | $123,328 |
| Highest Applicant Income | $964,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
409 | $98,780,000 |
$241,000 | $1,725,000 |
$124,000 | $624,000 |
| Refinancing |
758 | $204,648,000 |
$269,000 | $2,200,000 |
$113,000 | $964,000 |
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| American Indian or Alaskan Native |
7 | $1,567,000 |
$223,000 | $563,000 |
$90,000 | $178,000 |
| Asian |
113 | $33,622,000 |
$297,000 | $2,200,000 |
$115,000 | $624,000 |
| Black or African American |
73 | $18,581,000 |
$254,000 | $650,000 |
$110,000 | $306,000 |
| Hispanic |
423 | $103,668,000 |
$245,000 | $985,000 |
$106,000 | $399,000 |
| Native Hawaiin or Other Pacific Islander |
16 | $4,643,000 |
$290,000 | $825,000 |
$115,000 | $264,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
20 | $3,573,000 |
$178,000 | $525,000 |
$143,000 | $470,000 |
| White |
515 | $137,774,000 |
$267,000 | $1,343,000 |
$126,000 | $964,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,166 | $303,127,000 |
$259,000 | $2,200,000 |
$117,000 | $964,000 |
| FHA-insured (Federal Housing Administration) |
1 | $301,000 |
$301,000 | $301,000 |
$134,000 | $134,000 |
| 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 |
136 | $37,256,000 |
$273,000 | $833,000 |
$114,000 | $324,000 |
| Application Denied By Financial Institution |
196 | $50,798,000 |
$259,000 | $1,343,000 |
$124,000 | $339,000 |
| Application Withdrawn By Applicant |
226 | $63,260,000 |
$279,000 | $2,200,000 |
$98,000 | $964,000 |
| File Closed For Incompleteness |
1 | $426,000 |
$426,000 | $426,000 |
$189,000 | $189,000 |
| Loan Originated |
594 | $148,717,000 |
$250,000 | $945,000 |
$122,000 | $600,000 |
| 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 |
14 | $2,971,000 |
$212,000 | $504,000 |
$98,000 | $144,000 |
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| Collateral |
2 | $378,000 |
$189,000 | $278,000 |
$104,000 | $109,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
18 | $4,337,000 |
$240,000 | $784,000 |
$99,000 | $226,000 |
| Debt-To-Income Ratio |
1 | $334,000 |
$334,000 | $334,000 |
$198,000 | $198,000 |
| 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 |
4 | $726,000 |
$181,000 | $320,000 |
$118,000 | $270,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for MORTGAGE PROCESS CENTER by:
Metropolitan Area And
County
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