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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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MOUNTAIN VIEW MORTGAGE COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
MOUNTAIN VIEW MORTGAGE COMPANY |
| Address | 7311 W CHARLESTON BLVD, SUITE 110
LAS VEGAS, NV 89117 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,356 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $318,020,000 |
| Average Mortgage Loan Amount Applied For | $243,745 |
| Highest Mortgage Loan Amount Applied For | $1,350,000 |
| Average Applicant Income | $72,728 |
| Highest Applicant Income | $756,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
980 | $210,767,000 |
$215,000 | $1,350,000 |
$55,000 | $624,000 |
| Refinancing |
554 | $140,891,000 |
$254,000 | $1,250,000 |
$74,000 | $756,000 |
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| American Indian or Alaskan Native |
4 | $609,000 |
$152,000 | $217,000 |
$64,000 | $70,000 |
| Asian |
50 | $10,953,000 |
$219,000 | $600,000 |
$80,000 | $504,000 |
| Black or African American |
74 | $14,518,000 |
$196,000 | $650,000 |
$67,000 | $222,000 |
| Hispanic |
717 | $143,579,000 |
$200,000 | $1,250,000 |
$50,000 | $464,000 |
| Native Hawaiin or Other Pacific Islander |
8 | $1,966,000 |
$245,000 | $395,000 |
$18,000 | $68,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
248 | $79,822,000 |
$321,000 | $1,350,000 |
$38,000 | $419,000 |
| White |
433 | $100,211,000 |
$231,000 | $1,200,000 |
$94,000 | $756,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,454 | $336,691,000 |
$231,000 | $1,350,000 |
$62,000 | $756,000 |
| FHA-insured (Federal Housing Administration) |
70 | $12,541,000 |
$179,000 | $302,000 |
$50,000 | $163,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $196,000 |
$196,000 | $196,000 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
9 | $2,230,000 |
$247,000 | $409,000 |
$95,000 | $166,000 |
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| Application Approved But Not Accepted |
27 | $7,148,000 |
$264,000 | $905,000 |
$0 | $0 |
| Application Denied By Financial Institution |
143 | $46,608,000 |
$325,000 | $1,250,000 |
$17,000 | $336,000 |
| Application Withdrawn By Applicant |
268 | $57,967,000 |
$216,000 | $928,000 |
$84,000 | $608,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
988 | $210,331,000 |
$212,000 | $1,350,000 |
$66,000 | $756,000 |
| Loan Purchased By The Institution |
108 | $29,604,000 |
$274,000 | $1,000,000 |
$50,000 | $360,000 |
| 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 |
4 | $549,000 |
$137,000 | $261,000 |
$0 | $0 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
6 | $1,426,000 |
$237,000 | $450,000 |
$49,000 | $138,000 |
| Debt-To-Income Ratio |
4 | $1,431,000 |
$357,000 | $512,000 |
$72,000 | $148,000 |
| Employment History |
1 | $576,000 |
$576,000 | $576,000 |
$255,000 | $255,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
87 | $29,936,000 |
$344,000 | $1,250,000 |
$13,000 | $336,000 |
| Unverifiable Information |
1 | $1,144,000 |
$1,144,000 | $1,144,000 |
$0 | $0 |
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Mortgage Loan App Totals for MOUNTAIN VIEW MORTGAGE COMPANY by:
Metropolitan Area And
County
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