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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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PRADO MORTGAGE
Mortgage Loans and Application Details
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| Mortgage Company Name |
PRADO MORTGAGE |
| Address | 2445 FIRE MESA ST #190
LAS VEGAS, NV 89128 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 716 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $143,549,000 |
| Average Mortgage Loan Amount Applied For | $165,846 |
| Highest Mortgage Loan Amount Applied For | $1,720,000 |
| Average Applicant Income | $74,512 |
| Highest Applicant Income | $1,248,000 |
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| Home Improvement |
12 | $2,224,000 |
$185,000 | $522,000 |
$70,000 | $180,000 |
| Home Purchase |
508 | $96,715,000 |
$190,000 | $1,088,000 |
$101,000 | $1,248,000 |
| Refinancing |
365 | $76,250,000 |
$208,000 | $1,720,000 |
$83,000 | $645,000 |
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| American Indian or Alaskan Native |
3 | $550,000 |
$183,000 | $252,000 |
$76,000 | $82,000 |
| Asian |
85 | $18,350,000 |
$215,000 | $650,000 |
$122,000 | $626,000 |
| Black or African American |
46 | $12,996,000 |
$282,000 | $1,088,000 |
$139,000 | $576,000 |
| Hispanic |
329 | $57,168,000 |
$173,000 | $650,000 |
$67,000 | $360,000 |
| Native Hawaiin or Other Pacific Islander |
13 | $2,773,000 |
$213,000 | $546,000 |
$81,000 | $138,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
52 | $10,366,000 |
$199,000 | $680,000 |
$132,000 | $1,248,000 |
| White |
357 | $72,986,000 |
$204,000 | $1,720,000 |
$99,000 | $645,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
779 | $157,440,000 |
$202,000 | $1,720,000 |
$99,000 | $1,248,000 |
| FHA-insured (Federal Housing Administration) |
106 | $17,749,000 |
$167,000 | $297,000 |
$51,000 | $120,000 |
| 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 |
245 | $54,864,000 |
$223,000 | $1,088,000 |
$114,000 | $1,248,000 |
| Application Denied By Financial Institution |
42 | $7,705,000 |
$183,000 | $492,000 |
$70,000 | $180,000 |
| Application Withdrawn By Applicant |
75 | $14,826,000 |
$197,000 | $680,000 |
$113,000 | $600,000 |
| File Closed For Incompleteness |
48 | $9,663,000 |
$201,000 | $750,000 |
$116,000 | $516,000 |
| Loan Originated |
475 | $88,131,000 |
$185,000 | $1,720,000 |
$79,000 | $626,000 |
| 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 |
16 | $2,861,000 |
$178,000 | $428,000 |
$74,000 | $180,000 |
| Debt-To-Income Ratio |
10 | $2,018,000 |
$201,000 | $396,000 |
$50,000 | $78,000 |
| Employment History |
1 | $121,000 |
$121,000 | $121,000 |
$29,000 | $29,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
9 | $1,533,000 |
$170,000 | $371,000 |
$68,000 | $134,000 |
| Unverifiable Information |
1 | $492,000 |
$492,000 | $492,000 |
$99,000 | $99,000 |
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Mortgage Loan App Totals for PRADO MORTGAGE by:
Metropolitan Area And
County
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