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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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REDWOOD MORTGAGE CORP
Mortgage Loans and Application Details
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| Mortgage Company Name |
REDWOOD MORTGAGE CORP |
| Address | 900 VETERANS BLVD SUITE 500
REDWOOD CITY, CA 94063 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 171 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $246,296,000 |
| Average Mortgage Loan Amount Applied For | $916,297 |
| Highest Mortgage Loan Amount Applied For | $48,700,000 |
| Average Applicant Income | $119,810 |
| Highest Applicant Income | $7,000,000 |
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| Home Improvement |
11 | $34,206,000 |
$3,109,000 | $21,150,000 |
$58,000 | $442,000 |
| Home Purchase |
27 | $92,387,000 |
$3,421,000 | $15,188,000 |
$331,000 | $7,000,000 |
| Refinancing |
133 | $119,703,000 |
$900,000 | $48,700,000 |
$129,000 | $4,876,000 |
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| American Indian or Alaskan Native |
4 | $453,000 |
$113,000 | $151,000 |
$42,000 | $83,000 |
| Asian |
1 | $210,000 |
$210,000 | $210,000 |
$62,000 | $62,000 |
| Black or African American |
7 | $2,604,000 |
$372,000 | $840,000 |
$137,000 | $206,000 |
| Hispanic |
15 | $4,064,000 |
$270,000 | $561,000 |
$95,000 | $347,000 |
| Native Hawaiin or Other Pacific Islander |
2 | $550,000 |
$275,000 | $280,000 |
$123,000 | $199,000 |
| Not applicable |
38 | $171,030,000 |
$4,500,000 | $48,700,000 |
$0 | $0 |
| Not Provided |
48 | $42,446,000 |
$884,000 | $14,000,000 |
$269,000 | $7,000,000 |
| White |
56 | $24,939,000 |
$445,000 | $3,965,000 |
$195,000 | $4,876,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
171 | $246,296,000 |
$1,440,000 | $48,700,000 |
$156,000 | $7,000,000 |
| 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 |
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| Application Approved But Not Accepted |
44 | $32,760,000 |
$744,000 | $5,600,000 |
$99,000 | $600,000 |
| Application Denied By Financial Institution |
56 | $70,982,000 |
$1,267,000 | $21,150,000 |
$228,000 | $7,000,000 |
| Application Withdrawn By Applicant |
5 | $5,480,000 |
$1,096,000 | $2,200,000 |
$297,000 | $822,000 |
| File Closed For Incompleteness |
1 | $2,700,000 |
$2,700,000 | $2,700,000 |
$83,000 | $83,000 |
| Loan Originated |
65 | $134,374,000 |
$2,067,000 | $48,700,000 |
$123,000 | $4,876,000 |
| 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 REDWOOD MORTGAGE CORP by:
Metropolitan Area And
County
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