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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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NATIONAL MORTGAGE NETWORK, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
NATIONAL MORTGAGE NETWORK, INC |
| Address | 23461 SOUTHPOINT DRIVE #260
LAGUNA HILLS, CA 92653 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,110 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $455,235,000 |
| Average Mortgage Loan Amount Applied For | $172,015 |
| Highest Mortgage Loan Amount Applied For | $20,625,000 |
| Average Applicant Income | $81,052 |
| Highest Applicant Income | $3,484,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
415 | $107,376,000 |
$258,000 | $4,325,000 |
$163,000 | $3,484,000 |
| Refinancing |
1,695 | $347,859,000 |
$205,000 | $20,625,000 |
$80,000 | $1,036,000 |
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| American Indian or Alaskan Native |
4 | $567,000 |
$141,000 | $162,000 |
$92,000 | $222,000 |
| Asian |
42 | $13,917,000 |
$331,000 | $1,275,000 |
$199,000 | $375,000 |
| Black or African American |
89 | $16,012,000 |
$179,000 | $600,000 |
$80,000 | $180,000 |
| Hispanic |
93 | $18,651,000 |
$200,000 | $616,000 |
$87,000 | $273,000 |
| Native Hawaiin or Other Pacific Islander |
5 | $1,106,000 |
$221,000 | $436,000 |
$85,000 | $156,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
970 | $187,906,000 |
$193,000 | $1,520,000 |
$79,000 | $900,000 |
| White |
907 | $217,076,000 |
$239,000 | $20,625,000 |
$112,000 | $3,484,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,110 | $455,235,000 |
$215,000 | $20,625,000 |
$96,000 | $3,484,000 |
| 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 |
3 | $643,000 |
$214,000 | $304,000 |
$88,000 | $94,000 |
| Application Denied By Financial Institution |
34 | $6,724,000 |
$197,000 | $611,000 |
$84,000 | $168,000 |
| Application Withdrawn By Applicant |
1,067 | $210,548,000 |
$197,000 | $1,300,000 |
$88,000 | $1,223,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,006 | $237,320,000 |
$235,000 | $20,625,000 |
$105,000 | $3,484,000 |
| 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 |
1 | $45,000 |
$45,000 | $45,000 |
$55,000 | $55,000 |
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Mortgage Loan App Totals for NATIONAL MORTGAGE NETWORK, INC by:
Metropolitan Area And
County
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