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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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RATEONE HOME LOANS,LLC
Mortgage Loans and Application Details
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| Mortgage Company Name |
RATEONE HOME LOANS,LLC |
| Address | 7660 INDUSTRIAL RD.,STE.201B
LAS VEGAS, NV 89139-5972 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2004 |
| All Data Years | 2003 2004 |
| Total Number of Mortgage Loan Applications Processed | 3,280 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $562,956,000 |
| Average Mortgage Loan Amount Applied For | $126,744 |
| Highest Mortgage Loan Amount Applied For | $1,260,000 |
| Average Applicant Income | $81,069 |
| Highest Applicant Income | $6,655,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
3,280 | $562,956,000 |
$122,300 | $1,260,000 |
$76,350 | $6,655,000 |
| Refinancing |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| American Indian or Alaskan Native |
24 | $4,120,000 |
$153,333 | $321,000 |
$70,555 | $138,000 |
| Asian |
127 | $26,512,000 |
$141,687 | $700,000 |
$62,875 | $579,000 |
| Black or African American |
115 | $16,814,000 |
$167,055 | $528,000 |
$63,277 | $156,000 |
| Hispanic |
398 | $65,937,000 |
$131,739 | $677,000 |
$105,347 | $6,575,000 |
| Native Hawaiin or Other Pacific Islander |
25 | $5,244,000 |
$147,750 | $550,000 |
$86,000 | $237,000 |
| Not applicable |
18 | $3,297,000 |
$177,285 | $333,000 |
$72,714 | $625,000 |
| Not Provided |
524 | $91,687,000 |
$138,548 | $1,000,000 |
$74,032 | $1,596,000 |
| White |
2,049 | $349,345,000 |
$120,000 | $1,260,000 |
$78,166 | $6,655,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
3,172 | $546,731,000 |
$122,175 | $1,260,000 |
$77,325 | $6,655,000 |
| FHA-insured (Federal Housing Administration) |
66 | $9,309,000 |
$132,285 | $284,000 |
$53,571 | $122,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
42 | $6,916,000 |
$159,142 | $245,000 |
$55,571 | $136,000 |
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| Application Approved But Not Accepted |
27 | $4,059,000 |
$123,200 | $260,000 |
$65,800 | $153,000 |
| Application Denied By Financial Institution |
123 | $18,080,000 |
$101,368 | $633,000 |
$22,473 | $336,000 |
| Application Withdrawn By Applicant |
1,152 | $189,957,000 |
$127,393 | $700,000 |
$81,242 | $6,655,000 |
| File Closed For Incompleteness |
853 | $154,150,000 |
$134,533 | $1,260,000 |
$74,366 | $6,575,000 |
| Loan Originated |
1,125 | $196,710,000 |
$122,571 | $1,000,000 |
$76,600 | $908,000 |
| 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 |
8 | $1,087,000 |
$118,000 | $405,000 |
$55,000 | $140,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
54 | $7,716,000 |
$108,461 | $446,000 |
$0 | $0 |
| Debt-To-Income Ratio |
23 | $3,195,000 |
$117,125 | $301,000 |
$29,500 | $92,000 |
| Employment History |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Insufficient Cash (Downpayment, Closing Cost) |
3 | $562,000 |
$187,000 | $360,000 |
$77,000 | $120,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
21 | $3,882,000 |
$143,857 | $633,000 |
$63,142 | $336,000 |
| Unverifiable Information |
1 | $96,000 |
$96,000 | $96,000 |
$60,000 | $60,000 |
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Mortgage Loan App Totals for RATEONE HOME LOANS,LLC by:
Metropolitan Area And
County
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