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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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SHASTA FINANCIAL SERVICES, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
SHASTA FINANCIAL SERVICES, INC |
| Address | 8359 ELK GROVE FLORIN ROAD SUITE 103-357
SACRAMENTO, CA 95829 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2006 |
| Total Number of Mortgage Loan Applications Processed | 2,425 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $910,648,000 |
| Average Mortgage Loan Amount Applied For | $374,432 |
| Highest Mortgage Loan Amount Applied For | $20,000,000 |
| Average Applicant Income | $185,030 |
| Highest Applicant Income | $4,118,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
1,443 | $426,821,000 |
$295,000 | $6,550,000 |
$181,000 | $2,496,000 |
| Refinancing |
982 | $483,827,000 |
$492,000 | $20,000,000 |
$251,000 | $4,118,000 |
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| American Indian or Alaskan Native |
13 | $3,195,000 |
$245,000 | $553,000 |
$117,000 | $221,000 |
| Asian |
100 | $34,806,000 |
$348,000 | $1,610,000 |
$207,000 | $1,111,000 |
| Black or African American |
468 | $129,362,000 |
$276,000 | $2,520,000 |
$166,000 | $1,980,000 |
| Hispanic |
348 | $95,015,000 |
$273,000 | $4,600,000 |
$168,000 | $3,420,000 |
| Native Hawaiin or Other Pacific Islander |
45 | $16,285,000 |
$361,000 | $3,180,000 |
$86,000 | $900,000 |
| Not applicable |
334 | $159,889,000 |
$478,000 | $4,661,000 |
$209,000 | $2,496,000 |
| Not Provided |
384 | $190,902,000 |
$497,000 | $20,000,000 |
$240,000 | $4,020,000 |
| White |
733 | $281,194,000 |
$383,000 | $12,000,000 |
$250,000 | $4,118,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
2,425 | $910,648,000 |
$375,000 | $20,000,000 |
$209,000 | $4,118,000 |
| 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 |
1,379 | $495,487,000 |
$359,000 | $6,080,000 |
$204,000 | $3,004,000 |
| Application Denied By Financial Institution |
375 | $179,886,000 |
$479,000 | $4,950,000 |
$217,000 | $3,420,000 |
| Application Withdrawn By Applicant |
256 | $130,112,000 |
$508,000 | $20,000,000 |
$231,000 | $4,118,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
415 | $105,163,000 |
$253,000 | $1,856,000 |
$205,000 | $1,584,000 |
| 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 |
56 | $27,957,000 |
$499,000 | $2,800,000 |
$264,000 | $1,125,000 |
| Credit Application Incomplete |
1 | $335,000 |
$335,000 | $335,000 |
$0 | $0 |
| Credit History |
63 | $36,384,000 |
$577,000 | $3,250,000 |
$262,000 | $3,420,000 |
| Debt-To-Income Ratio |
18 | $8,523,000 |
$473,000 | $2,144,000 |
$210,000 | $660,000 |
| Employment History |
9 | $4,920,000 |
$546,000 | $1,125,000 |
$311,000 | $624,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
35 | $12,519,000 |
$357,000 | $956,000 |
$164,000 | $550,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for SHASTA FINANCIAL SERVICES, INC by:
Metropolitan Area And
County
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