|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
NATIONSFIRST LENDING, INC.
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
NATIONSFIRST LENDING, INC. |
| Address | 30 CORPORATE PARK, SUITE 455
IRVINE, CA 92606 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,004 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $377,889,000 |
| Average Mortgage Loan Amount Applied For | $288,111 |
| Highest Mortgage Loan Amount Applied For | $3,840,000 |
| Average Applicant Income | $85,555 |
| Highest Applicant Income | $3,559,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
414 | $146,183,000 |
$353,000 | $2,000,000 |
$83,000 | $1,500,000 |
| Refinancing |
590 | $231,706,000 |
$392,000 | $3,840,000 |
$116,000 | $3,559,000 |
|
|
| American Indian or Alaskan Native |
8 | $2,291,000 |
$286,000 | $454,000 |
$60,000 | $152,000 |
| Asian |
93 | $38,741,000 |
$416,000 | $1,000,000 |
$65,000 | $480,000 |
| Black or African American |
70 | $24,821,000 |
$354,000 | $3,840,000 |
$164,000 | $1,716,000 |
| Hispanic |
341 | $113,966,000 |
$334,000 | $1,500,000 |
$65,000 | $660,000 |
| Native Hawaiin or Other Pacific Islander |
18 | $5,582,000 |
$310,000 | $624,000 |
$59,000 | $216,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
227 | $83,874,000 |
$369,000 | $2,000,000 |
$97,000 | $1,800,000 |
| White |
247 | $108,614,000 |
$439,000 | $1,620,000 |
$161,000 | $3,559,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,003 | $377,590,000 |
$376,000 | $3,840,000 |
$103,000 | $3,559,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $299,000 |
$299,000 | $299,000 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Application Approved But Not Accepted |
306 | $100,690,000 |
$329,000 | $1,500,000 |
$84,000 | $1,800,000 |
| Application Denied By Financial Institution |
330 | $120,660,000 |
$365,000 | $2,000,000 |
$111,000 | $1,200,000 |
| Application Withdrawn By Applicant |
1 | $79,000 |
$79,000 | $79,000 |
$126,000 | $126,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
367 | $156,460,000 |
$426,000 | $3,840,000 |
$110,000 | $3,559,000 |
| 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 |
|
|
| Collateral |
59 | $24,321,000 |
$412,000 | $1,514,000 |
$142,000 | $1,200,000 |
| Credit Application Incomplete |
15 | $6,862,000 |
$457,000 | $976,000 |
$83,000 | $219,000 |
| Credit History |
76 | $26,514,000 |
$348,000 | $1,496,000 |
$100,000 | $579,000 |
| Debt-To-Income Ratio |
17 | $7,281,000 |
$428,000 | $1,373,000 |
$173,000 | $1,079,000 |
| Employment History |
40 | $15,111,000 |
$377,000 | $1,106,000 |
$165,000 | $420,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
6 | $2,046,000 |
$341,000 | $660,000 |
$44,000 | $111,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
56 | $16,585,000 |
$296,000 | $880,000 |
$95,000 | $484,000 |
| Unverifiable Information |
61 | $21,940,000 |
$359,000 | $2,000,000 |
$70,000 | $428,000 |
|
Mortgage Loan App Totals for NATIONSFIRST LENDING, INC. by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
