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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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SAHARA MORTGAGE CORPORATION
Mortgage Loans and Application Details
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| Mortgage Company Name |
SAHARA MORTGAGE CORPORATION |
| Address | 2551 SO. FORT APACHE RD. #101
LAS VEGAS, NV 89117 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 155 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $26,929,000 |
| Average Mortgage Loan Amount Applied For | $212,142 |
| Highest Mortgage Loan Amount Applied For | $900,000 |
| Average Applicant Income | $122,428 |
| Highest Applicant Income | $378,000 |
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| Home Improvement (one-to-four family) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase (one-to-four family) |
56 | $11,717,000 |
$330,750 | $900,000 |
$112,250 | $378,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
99 | $15,212,000 |
$136,000 | $897,000 |
$138,000 | $361,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian or Pacific Islander |
4 | $586,000 |
$146,000 | $172,000 |
$39,000 | $68,000 |
| Black |
64 | $10,759,000 |
$257,666 | $808,000 |
$104,000 | $378,000 |
| Hispanic |
10 | $1,270,000 |
$127,000 | $178,000 |
$30,000 | $69,000 |
| Information not provided by applicant in mail or telephone application |
13 | $4,315,000 |
$262,750 | $900,000 |
$157,000 | $361,000 |
| Not applicable |
18 | $2,313,000 |
$129,000 | $264,000 |
$40,666 | $76,000 |
| Other |
4 | $467,000 |
$94,500 | $141,000 |
$70,000 | $120,000 |
| White |
42 | $7,219,000 |
$207,600 | $800,000 |
$118,400 | $235,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
69 | $15,579,000 |
$183,200 | $900,000 |
$169,600 | $378,000 |
| FHA-insured (Federal Housing Administration) |
78 | $9,839,000 |
$128,666 | $182,000 |
$35,333 | $95,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
8 | $1,511,000 |
$214,000 | $273,000 |
$28,666 | $107,000 |
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| Application Approved But Not Accepted |
21 | $4,059,000 |
$217,000 | $750,000 |
$136,333 | $378,000 |
| Application Denied By Financial Institution |
14 | $3,050,000 |
$352,000 | $860,000 |
$62,000 | $238,000 |
| Application Withdrawn By Applicant |
3 | $316,000 |
$105,000 | $121,000 |
$29,000 | $74,000 |
| File Closed For Incompleteness |
1 | $161,000 |
$161,000 | $161,000 |
$32,000 | $32,000 |
| Loan Originated |
116 | $19,343,000 |
$167,800 | $900,000 |
$130,400 | $345,000 |
| Loan Purchased By The 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 SAHARA MORTGAGE CORPORATION by:
Metropolitan Area And
County
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