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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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NATIONWIDE LENDING CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
NATIONWIDE LENDING CORPORATION |
| Address | 165 TECHNOLOGY DRIVE
IRVINE, CA 92618 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| All Data Years | 2005 |
| Total Number of Mortgage Loan Applications Processed | 9,065 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,675,353,000 |
| Average Mortgage Loan Amount Applied For | $154,268 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $56,129 |
| Highest Applicant Income | $2,100,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,526 | $380,518,000 |
$258,956 | $2,340,000 |
$91,978 | $2,100,000 |
| Refinancing |
7,601 | $1,310,363,000 |
$154,836 | $3,000,000 |
$49,142 | $1,560,000 |
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| American Indian or Alaskan Native |
13 | $2,589,000 |
$206,714 | $599,000 |
$107,142 | $168,000 |
| Asian |
83 | $20,461,000 |
$214,066 | $1,463,000 |
$117,733 | $1,482,000 |
| Black or African American |
237 | $44,871,000 |
$166,642 | $748,000 |
$80,750 | $227,000 |
| Hispanic |
252 | $54,521,000 |
$184,250 | $1,320,000 |
$78,607 | $632,000 |
| Native Hawaiin or Other Pacific Islander |
61 | $13,742,000 |
$211,769 | $622,000 |
$90,846 | $217,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
6,024 | $1,107,188,000 |
$195,941 | $2,340,000 |
$48,372 | $1,560,000 |
| White |
2,457 | $447,509,000 |
$159,153 | $3,000,000 |
$90,743 | $2,100,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
9,127 | $1,690,881,000 |
$194,078 | $3,000,000 |
$60,686 | $2,100,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
732 | $140,979,000 |
$194,121 | $1,010,000 |
$36,048 | $300,000 |
| Application Withdrawn By Applicant |
5,270 | $995,872,000 |
$192,607 | $2,635,000 |
$54,019 | $2,100,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
3,125 | $554,030,000 |
$141,846 | $3,000,000 |
$90,717 | $1,560,000 |
| 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 |
19 | $3,304,000 |
$154,076 | $550,000 |
$53,461 | $175,000 |
| Credit Application Incomplete |
10 | $2,178,000 |
$208,777 | $376,000 |
$13,666 | $60,000 |
| Credit History |
210 | $38,737,000 |
$158,875 | $846,000 |
$17,000 | $140,000 |
| Debt-To-Income Ratio |
22 | $5,054,000 |
$226,000 | $621,000 |
$59,750 | $95,000 |
| Employment History |
1 | $150,000 |
$150,000 | $150,000 |
$50,000 | $50,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
9 | $1,744,000 |
$186,857 | $290,000 |
$34,714 | $145,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
193 | $37,889,000 |
$191,857 | $1,010,000 |
$44,657 | $300,000 |
| Unverifiable Information |
5 | $791,000 |
$141,333 | $280,000 |
$37,666 | $87,000 |
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Mortgage Loan App Totals for NATIONWIDE LENDING CORPORATION by:
Metropolitan Area And
County
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