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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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SECURITY LENDING WHOLESALE LC
Mortgage Loans and Application Details
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| Mortgage Company Name |
SECURITY LENDING WHOLESALE LC |
| Address | 1018 WEST ATHERTON DRIVE
SALT LAKE CITY, UT 84123 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2003 |
| All Data Years | 2003 |
| Total Number of Mortgage Loan Applications Processed | 5,568 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $912,462,000 |
| Average Mortgage Loan Amount Applied For | $158,141 |
| Highest Mortgage Loan Amount Applied For | $999,000 |
| Average Applicant Income | $88,237 |
| Highest Applicant Income | $996,000 |
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| Home Improvement (one-to-four family) |
73 | $11,761,000 |
$142,000 | $375,000 |
$50,888 | $379,000 |
| Home Purchase (one-to-four family) |
1,289 | $197,285,000 |
$177,933 | $800,000 |
$118,600 | $996,000 |
| Multifamily dwelling (home purchase, home improvement, and refinancings) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Refinancing (home purchase or home improvement, one-to-four family) |
4,510 | $750,965,000 |
$156,950 | $999,000 |
$68,000 | $994,000 |
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| American Indian or Alaskan Native |
14 | $2,280,000 |
$142,800 | $264,000 |
$74,000 | $240,000 |
| Asian or Pacific Islander |
145 | $27,933,000 |
$184,000 | $522,000 |
$86,857 | $360,000 |
| Black |
79 | $12,697,000 |
$169,900 | $425,000 |
$53,200 | $358,000 |
| Hispanic |
330 | $48,204,000 |
$120,636 | $640,000 |
$37,818 | $262,000 |
| Information not provided by applicant in mail or telephone application |
583 | $97,865,000 |
$147,333 | $800,000 |
$85,733 | $996,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
0 | $0 |
$0 | $0 |
$0 | $0 |
| White |
4,721 | $771,032,000 |
$169,318 | $999,000 |
$90,363 | $994,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
4,689 | $804,635,000 |
$178,250 | $999,000 |
$107,600 | $996,000 |
| FHA-insured (Federal Housing Administration) |
1,057 | $136,288,000 |
$113,428 | $269,000 |
$18,785 | $611,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
126 | $19,088,000 |
$151,000 | $263,000 |
$25,125 | $129,000 |
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| Application Approved But Not Accepted |
561 | $95,016,000 |
$216,400 | $999,000 |
$103,133 | $696,000 |
| Application Denied By Financial Institution |
486 | $70,711,000 |
$142,687 | $999,000 |
$67,000 | $780,000 |
| Application Withdrawn By Applicant |
0 | $0 |
$0 | $0 |
$0 | $0 |
| File Closed For Incompleteness |
207 | $34,480,000 |
$152,300 | $900,000 |
$71,900 | $486,000 |
| Loan Originated |
4,618 | $759,804,000 |
$155,555 | $728,000 |
$73,611 | $996,000 |
| Loan Purchased By The Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
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| Collateral |
51 | $7,295,000 |
$154,142 | $443,000 |
$80,571 | $254,000 |
| Credit Application Incomplete |
2 | $320,000 |
$160,000 | $169,000 |
$47,000 | $95,000 |
| Credit History |
244 | $34,647,000 |
$147,769 | $520,000 |
$68,000 | $780,000 |
| Debt-To-Income Ratio |
96 | $14,454,000 |
$157,857 | $800,000 |
$73,285 | $420,000 |
| Employment History |
21 | $2,311,000 |
$101,200 | $217,000 |
$75,800 | $268,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
5 | $757,000 |
$155,500 | $250,000 |
$27,250 | $96,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
63 | $10,360,000 |
$175,700 | $999,000 |
$78,200 | $444,000 |
| Unverifiable Information |
4 | $567,000 |
$141,000 | $181,000 |
$54,000 | $108,000 |
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Mortgage Loan App Totals for SECURITY LENDING WHOLESALE LC by:
Metropolitan Area And
County
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