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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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OAKTREE FUNDING CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
OAKTREE FUNDING CORPORATION |
| Address | 312 N. MOUNTAIN AVENUE
UPLAND, CA 91786 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 128 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $40,539,000 |
| Average Mortgage Loan Amount Applied For | $286,277 |
| Highest Mortgage Loan Amount Applied For | $2,500,000 |
| Average Applicant Income | $81,722 |
| Highest Applicant Income | $900,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
41 | $13,029,000 |
$317,000 | $1,871,000 |
$115,000 | $900,000 |
| Refinancing |
87 | $27,510,000 |
$316,000 | $2,500,000 |
$80,000 | $280,000 |
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| American Indian or Alaskan Native |
3 | $672,000 |
$224,000 | $249,000 |
$61,000 | $76,000 |
| Asian |
9 | $3,950,000 |
$438,000 | $850,000 |
$96,000 | $216,000 |
| Black or African American |
12 | $3,259,000 |
$271,000 | $536,000 |
$84,000 | $144,000 |
| Hispanic |
76 | $21,752,000 |
$286,000 | $910,000 |
$87,000 | $280,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
28 | $10,906,000 |
$389,000 | $2,500,000 |
$108,000 | $900,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
128 | $40,539,000 |
$316,000 | $2,500,000 |
$91,000 | $900,000 |
| 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 |
17 | $3,601,000 |
$211,000 | $488,000 |
$98,000 | $160,000 |
| Application Withdrawn By Applicant |
35 | $11,198,000 |
$319,000 | $850,000 |
$86,000 | $280,000 |
| File Closed For Incompleteness |
76 | $25,740,000 |
$338,000 | $2,500,000 |
$92,000 | $900,000 |
| Loan Originated |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
2 | $326,000 |
$163,000 | $174,000 |
$132,000 | $144,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
4 | $247,000 |
$61,000 | $71,000 |
$69,000 | $84,000 |
| Debt-To-Income Ratio |
1 | $74,000 |
$74,000 | $74,000 |
$48,000 | $48,000 |
| Employment History |
3 | $1,002,000 |
$334,000 | $479,000 |
$108,000 | $120,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
2 | $574,000 |
$287,000 | $420,000 |
$60,000 | $60,000 |
| Unverifiable Information |
4 | $1,126,000 |
$281,000 | $488,000 |
$134,000 | $160,000 |
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Mortgage Loan App Totals for OAKTREE FUNDING CORPORATION by:
Metropolitan Area And
County
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