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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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SIGNATURE FUNDING, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
SIGNATURE FUNDING, INC. |
| Address | 4510 EXECUTIVE DRIVE, SUITE 100 SAN DIEGO, CA 92121 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 373 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $106,910,000 |
| Average Mortgage Loan Amount Applied For | $242,392 |
| Highest Mortgage Loan Amount Applied For | $2,400,000 |
| Average Applicant Income | $161,035 |
| Highest Applicant Income | $1,519,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
144 | $40,425,000 |
$280,000 | $2,400,000 |
$149,000 | $1,519,000 |
| Refinancing |
229 | $66,485,000 |
$290,000 | $2,040,000 |
$127,000 | $428,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
3 | $1,160,000 |
$386,000 | $650,000 |
$68,000 | $103,000 |
| Black or African American |
14 | $3,505,000 |
$250,000 | $450,000 |
$95,000 | $128,000 |
| Hispanic |
105 | $25,475,000 |
$242,000 | $1,152,000 |
$116,000 | $428,000 |
| Native Hawaiin or Other Pacific Islander |
1 | $87,000 |
$87,000 | $87,000 |
$78,000 | $78,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
10 | $3,359,000 |
$335,000 | $785,000 |
$96,000 | $189,000 |
| White |
240 | $73,324,000 |
$305,000 | $2,400,000 |
$148,000 | $1,519,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
373 | $106,910,000 |
$286,000 | $2,400,000 |
$135,000 | $1,519,000 |
| 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 |
29 | $7,748,000 |
$267,000 | $855,000 |
$115,000 | $750,000 |
| Application Denied By Financial Institution |
1 | $528,000 |
$528,000 | $528,000 |
$171,000 | $171,000 |
| Application Withdrawn By Applicant |
46 | $16,270,000 |
$353,000 | $2,040,000 |
$157,000 | $503,000 |
| File Closed For Incompleteness |
9 | $1,611,000 |
$179,000 | $462,000 |
$280,000 | $1,519,000 |
| Loan Originated |
288 | $80,753,000 |
$280,000 | $2,400,000 |
$129,000 | $840,000 |
| 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 |
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 SIGNATURE FUNDING, INC. by:
Metropolitan Area And
County
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