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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 | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 12,597 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,981,795,000 |
| Average Mortgage Loan Amount Applied For | $128,911 |
| Highest Mortgage Loan Amount Applied For | $2,800,000 |
| Average Applicant Income | $54,231 |
| Highest Applicant Income | $1,800,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,054 | $292,502,000 |
$277,000 | $2,000,000 |
$89,000 | $678,000 |
| Refinancing |
11,731 | $1,736,189,000 |
$148,000 | $2,800,000 |
$61,000 | $1,800,000 |
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| American Indian or Alaskan Native |
3 | $383,000 |
$127,000 | $180,000 |
$132,000 | $144,000 |
| Asian |
64 | $13,305,000 |
$207,000 | $760,000 |
$123,000 | $356,000 |
| Black or African American |
260 | $48,283,000 |
$185,000 | $2,200,000 |
$79,000 | $456,000 |
| Hispanic |
266 | $50,740,000 |
$190,000 | $684,000 |
$87,000 | $297,000 |
| Native Hawaiin or Other Pacific Islander |
47 | $7,928,000 |
$168,000 | $500,000 |
$94,000 | $234,000 |
| Not applicable |
3 | $748,000 |
$249,000 | $395,000 |
$31,000 | $52,000 |
| Not Provided |
9,347 | $1,471,094,000 |
$157,000 | $2,100,000 |
$55,000 | $1,800,000 |
| White |
2,795 | $436,210,000 |
$156,000 | $2,800,000 |
$88,000 | $1,481,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
12,785 | $2,028,691,000 |
$158,000 | $2,800,000 |
$64,000 | $1,800,000 |
| 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 |
2,755 | $422,372,000 |
$153,000 | $2,800,000 |
$42,000 | $1,800,000 |
| Application Withdrawn By Applicant |
6,774 | $1,162,341,000 |
$171,000 | $2,200,000 |
$61,000 | $1,440,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
3,256 | $443,978,000 |
$136,000 | $1,488,000 |
$87,000 | $1,481,000 |
| 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 |
114 | $17,914,000 |
$157,000 | $1,463,000 |
$62,000 | $423,000 |
| Credit Application Incomplete |
57 | $13,009,000 |
$228,000 | $2,800,000 |
$57,000 | $645,000 |
| Credit History |
704 | $115,258,000 |
$163,000 | $876,000 |
$32,000 | $1,200,000 |
| Debt-To-Income Ratio |
121 | $21,530,000 |
$177,000 | $720,000 |
$52,000 | $312,000 |
| Employment History |
11 | $1,406,000 |
$127,000 | $300,000 |
$27,000 | $86,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
49 | $7,650,000 |
$156,000 | $590,000 |
$39,000 | $180,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
760 | $114,787,000 |
$151,000 | $1,140,000 |
$46,000 | $331,000 |
| Unverifiable Information |
40 | $7,013,000 |
$175,000 | $475,000 |
$71,000 | $348,000 |
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Mortgage Loan App Totals for NATIONWIDE LENDING CORPORATION by:
Metropolitan Area And
County
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