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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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OLYMPUS MORTGAGE COMPANY
Mortgage Loans and Application Details
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| Mortgage Company Name |
OLYMPUS MORTGAGE COMPANY |
| Address | 1100 TOWN & COUNTRY, SUITE 460
ORANGE, CA 92868 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2004 |
| Total Number of Mortgage Loan Applications Processed | 40,462 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $7,487,066,000 |
| Average Mortgage Loan Amount Applied For | $126,825 |
| Highest Mortgage Loan Amount Applied For | $2,240,000 |
| Average Applicant Income | $64,150 |
| Highest Applicant Income | $2,241,000 |
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| Home Improvement |
5,817 | $1,202,816,000 |
$151,394 | $1,300,000 |
$67,315 | $1,104,000 |
| Home Purchase |
14,381 | $2,396,971,000 |
$123,658 | $1,560,000 |
$69,780 | $1,560,000 |
| Refinancing |
20,264 | $3,887,279,000 |
$143,857 | $2,240,000 |
$66,904 | $2,241,000 |
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| American Indian or Alaskan Native |
198 | $37,539,000 |
$151,809 | $920,000 |
$80,761 | $584,000 |
| Asian |
1,229 | $292,948,000 |
$160,826 | $865,000 |
$72,956 | $780,000 |
| Black or African American |
5,601 | $880,399,000 |
$132,828 | $786,000 |
$66,600 | $1,200,000 |
| Hispanic |
10,739 | $2,016,087,000 |
$132,918 | $812,000 |
$56,972 | $1,740,000 |
| Native Hawaiin or Other Pacific Islander |
279 | $63,653,000 |
$156,578 | $667,000 |
$66,578 | $410,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
6,583 | $1,311,472,000 |
$142,738 | $1,300,000 |
$70,476 | $1,560,000 |
| White |
15,833 | $2,884,968,000 |
$144,142 | $2,240,000 |
$70,142 | $2,241,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
40,462 | $7,487,066,000 |
$140,000 | $2,240,000 |
$67,666 | $2,241,000 |
| 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 |
16,654 | $3,139,819,000 |
$142,975 | $1,520,000 |
$67,073 | $1,401,000 |
| Application Denied By Financial Institution |
2,530 | $311,482,000 |
$90,825 | $880,000 |
$63,275 | $1,500,000 |
| Application Withdrawn By Applicant |
5,555 | $1,036,301,000 |
$151,225 | $2,240,000 |
$70,075 | $2,241,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
15,723 | $2,999,464,000 |
$145,170 | $1,495,000 |
$70,048 | $1,560,000 |
| 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 |
153 | $18,636,000 |
$91,142 | $520,000 |
$68,523 | $426,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
1,048 | $105,397,000 |
$68,142 | $776,000 |
$58,028 | $1,200,000 |
| Debt-To-Income Ratio |
135 | $22,222,000 |
$135,578 | $567,000 |
$36,473 | $920,000 |
| 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 |
1,194 | $165,227,000 |
$103,228 | $880,000 |
$65,428 | $1,500,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for OLYMPUS MORTGAGE COMPANY by:
Metropolitan Area And
County
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