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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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SCME MORTGAGE BANKERS, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
SCME MORTGAGE BANKERS, INC |
| Address | 6265 GREENWICH DRIVE, SUITE 200
SAN DIEGO, CA 92122 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 33,325 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $9,930,743,000 |
| Average Mortgage Loan Amount Applied For | $192,596 |
| Highest Mortgage Loan Amount Applied For | $3,400,000 |
| Average Applicant Income | $103,897 |
| Highest Applicant Income | $6,000,000 |
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| Home Improvement |
2,579 | $825,659,000 |
$320,000 | $1,763,000 |
$113,000 | $2,064,000 |
| Home Purchase |
12,058 | $3,087,879,000 |
$256,000 | $3,000,000 |
$133,000 | $6,000,000 |
| Refinancing |
18,823 | $6,043,485,000 |
$321,000 | $3,400,000 |
$124,000 | $4,500,000 |
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| American Indian or Alaskan Native |
139 | $39,329,000 |
$282,000 | $1,376,000 |
$111,000 | $673,000 |
| Asian |
3,202 | $1,154,445,000 |
$360,000 | $2,660,000 |
$157,000 | $2,715,000 |
| Black or African American |
2,203 | $597,209,000 |
$271,000 | $2,205,000 |
$117,000 | $1,749,000 |
| Hispanic |
10,295 | $2,986,614,000 |
$290,000 | $2,400,000 |
$113,000 | $2,064,000 |
| Native Hawaiin or Other Pacific Islander |
470 | $157,810,000 |
$335,000 | $1,322,000 |
$143,000 | $948,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,167 | $379,153,000 |
$324,000 | $2,275,000 |
$134,000 | $3,600,000 |
| White |
15,984 | $4,642,463,000 |
$290,000 | $3,400,000 |
$129,000 | $6,000,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
32,676 | $9,849,414,000 |
$301,000 | $3,400,000 |
$128,000 | $6,000,000 |
| FHA-insured (Federal Housing Administration) |
654 | $81,600,000 |
$124,000 | $344,000 |
$47,000 | $175,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
130 | $26,009,000 |
$200,000 | $423,000 |
$50,000 | $134,000 |
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| Application Approved But Not Accepted |
8,098 | $2,546,968,000 |
$314,000 | $2,800,000 |
$128,000 | $4,500,000 |
| Application Denied By Financial Institution |
6,140 | $1,809,864,000 |
$294,000 | $3,400,000 |
$135,000 | $2,819,000 |
| Application Withdrawn By Applicant |
788 | $246,782,000 |
$313,000 | $2,400,000 |
$149,000 | $2,400,000 |
| File Closed For Incompleteness |
1,773 | $581,722,000 |
$328,000 | $3,400,000 |
$143,000 | $6,000,000 |
| Loan Originated |
16,661 | $4,771,687,000 |
$286,000 | $2,205,000 |
$119,000 | $4,080,000 |
| 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 |
936 | $278,490,000 |
$297,000 | $3,400,000 |
$158,000 | $2,819,000 |
| Credit Application Incomplete |
31 | $8,722,000 |
$281,000 | $585,000 |
$104,000 | $271,000 |
| Credit History |
2,603 | $751,400,000 |
$288,000 | $2,600,000 |
$126,000 | $1,195,000 |
| Debt-To-Income Ratio |
899 | $254,246,000 |
$282,000 | $1,365,000 |
$108,000 | $2,715,000 |
| Employment History |
562 | $184,366,000 |
$328,000 | $2,660,000 |
$156,000 | $960,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
93 | $25,754,000 |
$276,000 | $1,013,000 |
$132,000 | $462,000 |
| Mortgage Insurance Denied |
2 | $842,000 |
$421,000 | $504,000 |
$135,000 | $138,000 |
| Other |
484 | $141,170,000 |
$291,000 | $1,988,000 |
$149,000 | $846,000 |
| Unverifiable Information |
529 | $164,709,000 |
$311,000 | $1,500,000 |
$148,000 | $750,000 |
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Mortgage Loan App Totals for SCME MORTGAGE BANKERS, INC by:
Metropolitan Area And
County
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