|
|
| $6,295,214,383,000 in Mortgage Loans Applied for in 2006 from 34,105,441 Applications |
|
|
|
|
|
|
PRO30 FUNDING
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
PRO30 FUNDING |
| Address | 88 ROWLAND WAY SUITE 200
NOVATO, CA 94945 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2006 |
| Total Number of Mortgage Loan Applications Processed | 13,101 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $3,736,100,000 |
| Average Mortgage Loan Amount Applied For | $262,484 |
| Highest Mortgage Loan Amount Applied For | $3,000,000 |
| Average Applicant Income | $84,305 |
| Highest Applicant Income | $1,440,000 |
|
|
|
| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
6,741 | $1,796,799,000 |
$266,000 | $1,974,000 |
$57,000 | $1,168,000 |
| Refinancing |
6,451 | $1,960,003,000 |
$303,000 | $3,000,000 |
$70,000 | $1,440,000 |
|
|
| American Indian or Alaskan Native |
37 | $11,850,000 |
$320,000 | $1,330,000 |
$45,000 | $600,000 |
| Asian |
1,956 | $653,536,000 |
$334,000 | $1,610,000 |
$69,000 | $1,440,000 |
| Black or African American |
731 | $216,838,000 |
$296,000 | $1,645,000 |
$78,000 | $832,000 |
| Hispanic |
5,136 | $1,337,281,000 |
$260,000 | $3,000,000 |
$59,000 | $1,067,000 |
| Native Hawaiin or Other Pacific Islander |
304 | $88,033,000 |
$289,000 | $875,000 |
$58,000 | $456,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
2,889 | $822,361,000 |
$284,000 | $2,232,000 |
$56,000 | $1,168,000 |
| White |
2,139 | $626,903,000 |
$293,000 | $2,820,000 |
$77,000 | $900,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
13,192 | $3,756,802,000 |
$284,000 | $3,000,000 |
$64,000 | $1,440,000 |
| FHA-insured (Federal Housing Administration) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| 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 |
|
|
| Application Approved But Not Accepted |
4,357 | $1,219,718,000 |
$279,000 | $2,820,000 |
$61,000 | $912,000 |
| Application Denied By Financial Institution |
1,369 | $396,428,000 |
$289,000 | $2,000,000 |
$78,000 | $1,440,000 |
| Application Withdrawn By Applicant |
734 | $195,059,000 |
$265,000 | $1,384,000 |
$52,000 | $957,000 |
| File Closed For Incompleteness |
1,656 | $492,982,000 |
$297,000 | $1,995,000 |
$91,000 | $900,000 |
| Loan Originated |
5,076 | $1,452,615,000 |
$286,000 | $3,000,000 |
$55,000 | $1,067,000 |
| 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 |
|
|
| Collateral |
72 | $21,700,000 |
$301,000 | $2,000,000 |
$115,000 | $360,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
205 | $59,945,000 |
$292,000 | $1,050,000 |
$77,000 | $448,000 |
| Debt-To-Income Ratio |
3 | $1,173,000 |
$391,000 | $475,000 |
$416,000 | $1,044,000 |
| Employment History |
10 | $2,140,000 |
$214,000 | $504,000 |
$70,000 | $150,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
29 | $9,475,000 |
$326,000 | $1,000,000 |
$129,000 | $900,000 |
| Unverifiable Information |
10 | $2,405,000 |
$240,000 | $600,000 |
$53,000 | $194,000 |
|
Mortgage Loan App Totals for PRO30 FUNDING by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
