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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 WEST LENDING, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
NEW WEST LENDING, INC. |
| Address | 8424 EAST SHEA BOULEVARD, SUITE 101
SCOTTSDALE, AZ 85260 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 456 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $111,323,000 |
| Average Mortgage Loan Amount Applied For | $269,640 |
| Highest Mortgage Loan Amount Applied For | $2,071,000 |
| Average Applicant Income | $136,320 |
| Highest Applicant Income | $912,000 |
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| Home Improvement |
1 | $72,000 |
$72,000 | $72,000 |
$124,000 | $124,000 |
| Home Purchase |
354 | $74,826,000 |
$211,000 | $2,000,000 |
$99,000 | $780,000 |
| Refinancing |
328 | $76,011,000 |
$231,000 | $2,071,000 |
$124,000 | $912,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $466,000 |
$233,000 | $392,000 |
$134,000 | $168,000 |
| Black or African American |
1 | $564,000 |
$564,000 | $564,000 |
$366,000 | $366,000 |
| Hispanic |
60 | $9,757,000 |
$162,000 | $375,000 |
$66,000 | $276,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $184,000 |
$184,000 | $184,000 |
$46,000 | $46,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
577 | $130,181,000 |
$225,000 | $2,071,000 |
$116,000 | $912,000 |
| White |
42 | $9,757,000 |
$232,000 | $700,000 |
$97,000 | $348,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
616 | $140,013,000 |
$227,000 | $2,071,000 |
$117,000 | $912,000 |
| FHA-insured (Federal Housing Administration) |
34 | $5,895,000 |
$173,000 | $258,000 |
$57,000 | $158,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
30 | $4,484,000 |
$149,000 | $542,000 |
$51,000 | $168,000 |
| VA-guaranteed (Veterans Administration) |
3 | $517,000 |
$172,000 | $200,000 |
$75,000 | $99,000 |
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| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Withdrawn By Applicant |
3 | $311,000 |
$103,000 | $216,000 |
$120,000 | $120,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
680 | $150,598,000 |
$221,000 | $2,071,000 |
$111,000 | $912,000 |
| 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 WEST LENDING, INC. by:
Metropolitan Area And
County
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