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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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PACESETTER FINANCIAL, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
PACESETTER FINANCIAL, INC. |
| Address | 7700 COLLEGE TOWN DR, STE 118
SACRAMENTO, CA 95826 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 705 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $116,322,000 |
| Average Mortgage Loan Amount Applied For | $192,285 |
| Highest Mortgage Loan Amount Applied For | $625,000 |
| Average Applicant Income | $70,785 |
| Highest Applicant Income | $266,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
328 | $51,876,000 |
$238,000 | $615,000 |
$93,500 | $210,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
377 | $64,446,000 |
$170,000 | $625,000 |
$68,000 | $266,000 |
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| American Indian or Alaskan Native |
2 | $154,000 |
$77,000 | $120,000 |
$84,000 | $84,000 |
| Asian or Pacific Islander |
30 | $4,248,000 |
$141,000 | $321,000 |
$56,000 | $138,000 |
| Black |
32 | $5,118,000 |
$159,000 | $500,000 |
$65,000 | $209,000 |
| Hispanic |
77 | $11,368,000 |
$147,000 | $435,000 |
$65,000 | $171,000 |
| Information not provided by applicant in mail or telephone application |
77 | $13,725,000 |
$178,000 | $496,000 |
$76,000 | $210,000 |
| Not applicable |
110 | $19,584,000 |
$178,000 | $615,000 |
$74,000 | $186,000 |
| Other |
81 | $12,705,000 |
$156,000 | $290,000 |
$63,000 | $205,000 |
| White |
296 | $49,420,000 |
$242,500 | $625,000 |
$93,000 | $266,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
640 | $105,082,000 |
$241,000 | $625,000 |
$94,000 | $266,000 |
| FHA-insured (Federal Housing Administration) |
58 | $10,160,000 |
$175,000 | $266,000 |
$52,000 | $181,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
2 | $153,000 |
$76,000 | $136,000 |
$49,000 | $65,000 |
| VA-guaranteed (Veterans Administration) |
5 | $927,000 |
$185,000 | $245,000 |
$43,000 | $80,000 |
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| Application Approved But Not Accepted |
70 | $10,384,000 |
$148,000 | $321,000 |
$79,000 | $184,000 |
| Application Denied By Financial Institution |
1 | $140,000 |
$140,000 | $140,000 |
$41,000 | $41,000 |
| Application Withdrawn By Applicant |
158 | $27,596,000 |
$174,000 | $615,000 |
$61,000 | $217,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
476 | $78,202,000 |
$241,000 | $625,000 |
$93,500 | $266,000 |
| Loan Purchased By The 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 PACESETTER FINANCIAL, INC. by:
Metropolitan Area And
County
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