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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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PARAMOUNT RESIDENTIAL MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
PARAMOUNT RESIDENTIAL MORTGAGE |
| Address | 2280 WARDLOW CIRCLE, SUITE 220 CORONA, CA 92880 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,892 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $777,530,000 |
| Average Mortgage Loan Amount Applied For | $242,830 |
| Highest Mortgage Loan Amount Applied For | $2,600,000 |
| Average Applicant Income | $110,732 |
| Highest Applicant Income | $1,068,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,356 | $340,240,000 |
$250,000 | $1,270,000 |
$114,000 | $644,000 |
| Refinancing |
1,536 | $437,290,000 |
$284,000 | $2,600,000 |
$103,000 | $1,068,000 |
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| American Indian or Alaskan Native |
1 | $350,000 |
$350,000 | $350,000 |
$51,000 | $51,000 |
| Asian |
399 | $135,221,000 |
$338,000 | $1,199,000 |
$129,000 | $478,000 |
| Black or African American |
201 | $55,041,000 |
$273,000 | $1,000,000 |
$109,000 | $416,000 |
| Hispanic |
1,267 | $316,388,000 |
$249,000 | $1,855,000 |
$94,000 | $972,000 |
| Native Hawaiin or Other Pacific Islander |
18 | $5,230,000 |
$290,000 | $536,000 |
$139,000 | $215,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
204 | $55,444,000 |
$271,000 | $1,255,000 |
$111,000 | $528,000 |
| White |
802 | $209,856,000 |
$261,000 | $2,600,000 |
$120,000 | $1,068,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,795 | $759,907,000 |
$271,000 | $2,600,000 |
$110,000 | $1,068,000 |
| FHA-insured (Federal Housing Administration) |
97 | $17,623,000 |
$181,000 | $341,000 |
$60,000 | $175,000 |
| 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 |
373 | $101,621,000 |
$272,000 | $980,000 |
$101,000 | $972,000 |
| Application Denied By Financial Institution |
339 | $102,125,000 |
$301,000 | $2,600,000 |
$127,000 | $1,019,000 |
| Application Withdrawn By Applicant |
501 | $140,144,000 |
$279,000 | $1,140,000 |
$125,000 | $644,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
1,679 | $433,640,000 |
$258,000 | $1,855,000 |
$101,000 | $1,068,000 |
| 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 PARAMOUNT RESIDENTIAL MORTGAGE by:
Metropolitan Area And
County
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