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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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REUNION MORTGAGE, INCORPORATED
Mortgage Loans and Application Details
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| Mortgage Company Name |
REUNION MORTGAGE, INCORPORATED |
| Address | 1430 OLYMPIC DRIVE
MILPITAS, CA 95035 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 6,150 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,717,314,000 |
| Average Mortgage Loan Amount Applied For | $188,285 |
| Highest Mortgage Loan Amount Applied For | $2,790,000 |
| Average Applicant Income | $103,982 |
| Highest Applicant Income | $1,500,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
2,769 | $656,423,000 |
$237,000 | $2,150,000 |
$125,000 | $1,500,000 |
| Refinancing |
3,381 | $1,060,891,000 |
$313,000 | $2,790,000 |
$116,000 | $1,488,000 |
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| American Indian or Alaskan Native |
11 | $3,084,000 |
$280,000 | $504,000 |
$66,000 | $168,000 |
| Asian |
1,393 | $475,662,000 |
$341,000 | $1,500,000 |
$135,000 | $636,000 |
| Black or African American |
236 | $53,839,000 |
$228,000 | $980,000 |
$94,000 | $901,000 |
| Hispanic |
1,163 | $316,127,000 |
$271,000 | $1,425,000 |
$100,000 | $713,000 |
| Native Hawaiin or Other Pacific Islander |
58 | $20,448,000 |
$352,000 | $840,000 |
$130,000 | $432,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
372 | $109,909,000 |
$295,000 | $2,790,000 |
$115,000 | $982,000 |
| White |
2,917 | $738,245,000 |
$253,000 | $2,150,000 |
$123,000 | $1,500,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
6,150 | $1,717,314,000 |
$279,000 | $2,790,000 |
$120,000 | $1,500,000 |
| 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 |
1,166 | $360,587,000 |
$309,000 | $2,150,000 |
$126,000 | $900,000 |
| Application Denied By Financial Institution |
577 | $148,161,000 |
$256,000 | $1,365,000 |
$110,000 | $982,000 |
| Application Withdrawn By Applicant |
119 | $28,492,000 |
$239,000 | $2,000,000 |
$112,000 | $703,000 |
| File Closed For Incompleteness |
470 | $150,453,000 |
$320,000 | $2,790,000 |
$139,000 | $816,000 |
| Loan Originated |
3,721 | $999,641,000 |
$268,000 | $1,500,000 |
$117,000 | $1,500,000 |
| Loan Purchased By The Institution |
97 | $29,980,000 |
$309,000 | $1,329,000 |
$140,000 | $1,488,000 |
| 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 |
37 | $10,678,000 |
$288,000 | $964,000 |
$140,000 | $366,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
107 | $22,006,000 |
$205,000 | $1,040,000 |
$92,000 | $360,000 |
| Debt-To-Income Ratio |
84 | $22,779,000 |
$271,000 | $870,000 |
$92,000 | $295,000 |
| Employment History |
12 | $1,919,000 |
$159,000 | $488,000 |
$91,000 | $184,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
2 | $571,000 |
$285,000 | $459,000 |
$107,000 | $180,000 |
| Mortgage Insurance Denied |
1 | $200,000 |
$200,000 | $200,000 |
$58,000 | $58,000 |
| Other |
58 | $12,391,000 |
$213,000 | $826,000 |
$120,000 | $372,000 |
| Unverifiable Information |
15 | $4,346,000 |
$289,000 | $1,000,000 |
$122,000 | $288,000 |
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Mortgage Loan App Totals for REUNION MORTGAGE, INCORPORATED by:
Metropolitan Area And
County
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