| $3,446,236,491 in Mortgage Loans Applied for in 2008 from 17,391,570 Applications |
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RESMAE MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
RESMAE MORTGAGE CORPORATION |
| Address | 6 POINTE DRIVE
BREA, CA 92821 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2005 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 87,285 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $15,129,802,000 |
| Average Mortgage Loan Amount Applied For | $121,529 |
| Highest Mortgage Loan Amount Applied For | $2,490,000 |
| Average Applicant Income | $72,903 |
| Highest Applicant Income | $2,619,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
56,875 | $8,613,265,000 |
$128,567 | $2,490,000 |
$87,054 | $2,619,000 |
| Refinancing |
30,410 | $6,516,537,000 |
$174,341 | $2,025,000 |
$114,487 | $2,491,000 |
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| American Indian or Alaskan Native |
16 | $2,189,000 |
$148,166 | $368,000 |
$77,833 | $142,000 |
| Asian |
411 | $91,671,000 |
$179,200 | $700,000 |
$145,933 | $1,240,000 |
| Black or African American |
1,215 | $179,796,000 |
$133,217 | $600,000 |
$64,913 | $818,000 |
| Hispanic |
3,477 | $592,278,000 |
$142,950 | $675,000 |
$70,750 | $927,000 |
| Native Hawaiin or Other Pacific Islander |
66 | $16,179,000 |
$173,750 | $584,000 |
$77,125 | $300,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
79,561 | $13,814,946,000 |
$154,977 | $2,490,000 |
$100,522 | $2,619,000 |
| White |
2,539 | $432,743,000 |
$137,043 | $1,000,000 |
$76,391 | $1,680,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
87,285 | $15,129,802,000 |
$154,772 | $2,490,000 |
$100,340 | $2,619,000 |
| 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 |
15,324 | $3,131,461,000 |
$153,862 | $1,090,000 |
$82,827 | $1,629,000 |
| Application Denied By Financial Institution |
18,235 | $2,688,823,000 |
$142,815 | $1,000,000 |
$74,447 | $1,793,000 |
| Application Withdrawn By Applicant |
15,151 | $2,666,830,000 |
$150,880 | $1,300,000 |
$109,523 | $2,619,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
38,575 | $6,642,688,000 |
$181,300 | $2,490,000 |
$95,400 | $1,932,000 |
| 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 |
1 | $73,000 |
$73,000 | $73,000 |
$58,000 | $58,000 |
| 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 Application Totals for RESMAE MORTGAGE CORPORATION by:
Metropolitan Area And
County
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