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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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PARAGON HOME LENDING, LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
PARAGON HOME LENDING, LLC |
| Address | 19435 W. CAPITOL DRIVE, SUITE 201
BROOKFIELD, WI 53045 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 6,622 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $888,384,000 |
| Average Mortgage Loan Amount Applied For | $126,299 |
| Highest Mortgage Loan Amount Applied For | $1,823,000 |
| Average Applicant Income | $61,449 |
| Highest Applicant Income | $1,200,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
3,001 | $354,662,000 |
$118,000 | $1,193,000 |
$66,000 | $923,000 |
| Refinancing |
3,628 | $534,988,000 |
$147,000 | $1,823,000 |
$64,000 | $1,200,000 |
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| American Indian or Alaskan Native |
7 | $711,000 |
$101,000 | $219,000 |
$50,000 | $106,000 |
| Asian |
170 | $30,736,000 |
$180,000 | $959,000 |
$105,000 | $912,000 |
| Black or African American |
1,012 | $132,557,000 |
$130,000 | $748,000 |
$65,000 | $550,000 |
| Hispanic |
580 | $82,773,000 |
$142,000 | $616,000 |
$63,000 | $300,000 |
| Native Hawaiin or Other Pacific Islander |
18 | $2,451,000 |
$136,000 | $352,000 |
$63,000 | $90,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
907 | $123,370,000 |
$136,000 | $960,000 |
$54,000 | $1,200,000 |
| White |
3,935 | $517,052,000 |
$131,000 | $1,823,000 |
$66,000 | $923,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
6,542 | $878,150,000 |
$134,000 | $1,823,000 |
$65,000 | $1,200,000 |
| FHA-insured (Federal Housing Administration) |
83 | $11,061,000 |
$133,000 | $272,000 |
$55,000 | $148,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $439,000 |
$109,000 | $159,000 |
$44,000 | $63,000 |
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| Application Approved But Not Accepted |
212 | $25,798,000 |
$121,000 | $448,000 |
$63,000 | $230,000 |
| Application Denied By Financial Institution |
644 | $84,713,000 |
$131,000 | $960,000 |
$66,000 | $912,000 |
| Application Withdrawn By Applicant |
1,629 | $226,789,000 |
$139,000 | $1,823,000 |
$64,000 | $1,200,000 |
| File Closed For Incompleteness |
4 | $748,000 |
$187,000 | $330,000 |
$59,000 | $85,000 |
| Loan Originated |
3,989 | $534,481,000 |
$133,000 | $1,193,000 |
$65,000 | $923,000 |
| Loan Purchased By The Institution |
151 | $17,121,000 |
$113,000 | $320,000 |
$64,000 | $221,000 |
| 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 |
147 | $19,411,000 |
$132,000 | $675,000 |
$74,000 | $912,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
83 | $13,145,000 |
$158,000 | $960,000 |
$66,000 | $300,000 |
| Debt-To-Income Ratio |
103 | $12,599,000 |
$122,000 | $612,000 |
$44,000 | $138,000 |
| Employment History |
28 | $3,340,000 |
$119,000 | $390,000 |
$54,000 | $102,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
6 | $764,000 |
$127,000 | $281,000 |
$58,000 | $72,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
114 | $16,687,000 |
$146,000 | $504,000 |
$85,000 | $322,000 |
| Unverifiable Information |
41 | $5,743,000 |
$140,000 | $440,000 |
$80,000 | $211,000 |
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Mortgage Loan App Totals for PARAGON HOME LENDING, LLC by:
Metropolitan Area And
County
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