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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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NEXGEN LENDING, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
NEXGEN LENDING, INC. |
| Address | 225 UNION BLVD. STE. STE. 350 LAKEWOOD, CO 80228 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 1,094 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $167,580,000 |
| Average Mortgage Loan Amount Applied For | $178,897 |
| Highest Mortgage Loan Amount Applied For | $998,000 |
| Average Applicant Income | $145,102 |
| Highest Applicant Income | $1,078,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
781 | $123,401,000 |
$158,000 | $994,000 |
$100,000 | $1,078,000 |
| Refinancing |
313 | $44,179,000 |
$141,000 | $998,000 |
$101,000 | $758,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
2 | $221,000 |
$110,000 | $184,000 |
$26,000 | $52,000 |
| Black or African American |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Hispanic |
79 | $10,944,000 |
$138,000 | $417,000 |
$77,000 | $714,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
995 | $154,133,000 |
$154,000 | $998,000 |
$103,000 | $1,078,000 |
| White |
18 | $2,282,000 |
$126,000 | $234,000 |
$75,000 | $180,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
974 | $145,557,000 |
$149,000 | $998,000 |
$106,000 | $1,078,000 |
| FHA-insured (Federal Housing Administration) |
97 | $16,518,000 |
$170,000 | $266,000 |
$53,000 | $138,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $405,000 |
$202,000 | $219,000 |
$79,000 | $80,000 |
| VA-guaranteed (Veterans Administration) |
21 | $5,100,000 |
$242,000 | $417,000 |
$69,000 | $173,000 |
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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| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,094 | $167,580,000 |
$153,000 | $998,000 |
$100,000 | $1,078,000 |
| 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 NEXGEN LENDING, INC. by:
Metropolitan Area And
County
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