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| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
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PMAC LENDING SERVICES, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
PMAC LENDING SERVICES, INC. |
| Address | 15325 FAIRFIELD RANCH ROAD, STE. 200
CHINO HILLS, CA 91709 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 1,903 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $572,276,000 |
| Average Mortgage Loan Amount Applied For | $268,018 |
| Highest Mortgage Loan Amount Applied For | $4,000,000 |
| Average Applicant Income | $124,370 |
| Highest Applicant Income | $2,166,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
970 | $280,346,000 |
$289,000 | $1,327,000 |
$123,000 | $1,380,000 |
| Refinancing |
956 | $298,549,000 |
$312,000 | $4,000,000 |
$119,000 | $2,166,000 |
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| American Indian or Alaskan Native |
5 | $1,507,000 |
$301,000 | $455,000 |
$56,000 | $126,000 |
| Asian |
88 | $31,695,000 |
$360,000 | $1,283,000 |
$180,000 | $1,450,000 |
| Black or African American |
137 | $40,983,000 |
$299,000 | $975,000 |
$133,000 | $690,000 |
| Hispanic |
1,029 | $284,937,000 |
$276,000 | $1,013,000 |
$97,000 | $548,000 |
| Native Hawaiin or Other Pacific Islander |
28 | $7,775,000 |
$277,000 | $615,000 |
$130,000 | $390,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
639 | $211,998,000 |
$331,000 | $4,000,000 |
$149,000 | $2,166,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
1,858 | $562,133,000 |
$302,000 | $4,000,000 |
$123,000 | $2,166,000 |
| FHA-insured (Federal Housing Administration) |
68 | $16,762,000 |
$246,000 | $368,000 |
$68,000 | $137,000 |
| 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 |
244 | $72,265,000 |
$296,000 | $1,271,000 |
$112,000 | $960,000 |
| Application Denied By Financial Institution |
631 | $192,255,000 |
$304,000 | $4,000,000 |
$133,000 | $936,000 |
| Application Withdrawn By Applicant |
263 | $84,539,000 |
$321,000 | $1,500,000 |
$126,000 | $1,450,000 |
| File Closed For Incompleteness |
25 | $6,618,000 |
$264,000 | $544,000 |
$136,000 | $347,000 |
| Loan Originated |
763 | $223,218,000 |
$292,000 | $1,500,000 |
$112,000 | $2,166,000 |
| 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 |
56 | $17,563,000 |
$313,000 | $2,145,000 |
$149,000 | $666,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
88 | $28,181,000 |
$320,000 | $4,000,000 |
$144,000 | $936,000 |
| Debt-To-Income Ratio |
54 | $15,459,000 |
$286,000 | $535,000 |
$79,000 | $146,000 |
| Employment History |
53 | $15,104,000 |
$284,000 | $645,000 |
$114,000 | $468,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
75 | $20,192,000 |
$269,000 | $840,000 |
$140,000 | $390,000 |
| Mortgage Insurance Denied |
3 | $990,000 |
$330,000 | $347,000 |
$77,000 | $94,000 |
| Other |
249 | $74,205,000 |
$298,000 | $1,000,000 |
$132,000 | $548,000 |
| Unverifiable Information |
44 | $17,668,000 |
$401,000 | $2,568,000 |
$164,000 | $696,000 |
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Mortgage Loan App Totals for PMAC LENDING SERVICES, INC. by:
Metropolitan Area And
County
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