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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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NEW HORIZONS MORTGAGE CO., LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
NEW HORIZONS MORTGAGE CO., LLC |
| Address | 6343 W. 120TH AVENUE, 2ND FLOOR
BROOMFIELD, CO 80020 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 503 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $103,895,000 |
| Average Mortgage Loan Amount Applied For | $270,869 |
| Highest Mortgage Loan Amount Applied For | $1,844,000 |
| Average Applicant Income | $236,521 |
| Highest Applicant Income | $1,525,000 |
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| Home Improvement |
1 | $65,000 |
$65,000 | $65,000 |
$59,000 | $59,000 |
| Home Purchase |
383 | $76,703,000 |
$200,000 | $1,235,000 |
$106,000 | $782,000 |
| Refinancing |
195 | $41,993,000 |
$215,000 | $1,844,000 |
$128,000 | $1,525,000 |
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| American Indian or Alaskan Native |
2 | $236,000 |
$118,000 | $194,000 |
$60,000 | $67,000 |
| Asian |
9 | $1,621,000 |
$180,000 | $316,000 |
$81,000 | $110,000 |
| Black or African American |
7 | $1,501,000 |
$214,000 | $1,050,000 |
$111,000 | $305,000 |
| Hispanic |
21 | $4,019,000 |
$191,000 | $310,000 |
$64,000 | $150,000 |
| Native Hawaiin or Other Pacific Islander |
4 | $408,000 |
$102,000 | $203,000 |
$55,000 | $83,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
96 | $18,287,000 |
$190,000 | $658,000 |
$94,000 | $372,000 |
| White |
440 | $92,689,000 |
$210,000 | $1,844,000 |
$122,000 | $1,525,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
532 | $110,232,000 |
$207,000 | $1,844,000 |
$119,000 | $1,525,000 |
| FHA-insured (Federal Housing Administration) |
43 | $7,703,000 |
$179,000 | $313,000 |
$51,000 | $120,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $198,000 |
$198,000 | $198,000 |
$62,000 | $62,000 |
| VA-guaranteed (Veterans Administration) |
3 | $628,000 |
$209,000 | $260,000 |
$63,000 | $97,000 |
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| Application Approved But Not Accepted |
5 | $1,133,000 |
$226,000 | $417,000 |
$58,000 | $95,000 |
| Application Denied By Financial Institution |
3 | $654,000 |
$218,000 | $292,000 |
$97,000 | $160,000 |
| Application Withdrawn By Applicant |
94 | $20,042,000 |
$213,000 | $658,000 |
$93,000 | $1,525,000 |
| File Closed For Incompleteness |
19 | $3,823,000 |
$201,000 | $300,000 |
$54,000 | $178,000 |
| Loan Originated |
458 | $93,109,000 |
$203,000 | $1,844,000 |
$121,000 | $782,000 |
| 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 |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for NEW HORIZONS MORTGAGE CO., LLC by:
Metropolitan Area And
County
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