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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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STEWARD FINANCIAL, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
STEWARD FINANCIAL, INC. |
| Address | 1808 ASTON AVENUE, SUITE 230
CARLSBAD, CA 92008 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 6,485 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $2,206,297,000 |
| Average Mortgage Loan Amount Applied For | $327,226 |
| Highest Mortgage Loan Amount Applied For | $5,500,000 |
| Average Applicant Income | $207,000 |
| Highest Applicant Income | $2,060,000 |
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| Home Improvement |
2 | $497,000 |
$248,000 | $442,000 |
$114,000 | $114,000 |
| Home Purchase |
2,408 | $869,472,000 |
$361,000 | $3,000,000 |
$236,000 | $1,328,000 |
| Refinancing |
5,081 | $1,702,970,000 |
$335,000 | $5,500,000 |
$191,000 | $2,060,000 |
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| American Indian or Alaskan Native |
23 | $8,639,000 |
$375,000 | $945,000 |
$200,000 | $378,000 |
| Asian |
610 | $225,763,000 |
$370,000 | $2,500,000 |
$219,000 | $934,000 |
| Black or African American |
880 | $262,871,000 |
$298,000 | $2,500,000 |
$173,000 | $960,000 |
| Hispanic |
2,110 | $605,395,000 |
$286,000 | $3,000,000 |
$164,000 | $1,200,000 |
| Native Hawaiin or Other Pacific Islander |
131 | $41,396,000 |
$316,000 | $2,000,000 |
$201,000 | $1,140,000 |
| Not applicable |
2 | $152,000 |
$76,000 | $118,000 |
$43,000 | $86,000 |
| Not Provided |
1,206 | $426,057,000 |
$353,000 | $2,491,000 |
$211,000 | $1,667,000 |
| White |
2,529 | $1,002,666,000 |
$396,000 | $5,500,000 |
$245,000 | $2,060,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
7,491 | $2,572,939,000 |
$343,000 | $5,500,000 |
$205,000 | $2,060,000 |
| 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 |
1,348 | $454,327,000 |
$337,000 | $2,480,000 |
$205,000 | $1,365,000 |
| Application Denied By Financial Institution |
3,892 | $1,361,476,000 |
$349,000 | $3,000,000 |
$211,000 | $1,667,000 |
| Application Withdrawn By Applicant |
256 | $96,837,000 |
$378,000 | $5,500,000 |
$214,000 | $1,800,000 |
| File Closed For Incompleteness |
460 | $168,040,000 |
$365,000 | $2,580,000 |
$226,000 | $2,060,000 |
| Loan Originated |
1,535 | $492,259,000 |
$320,000 | $3,000,000 |
$184,000 | $1,320,000 |
| 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 |
196 | $88,104,000 |
$449,000 | $3,000,000 |
$310,000 | $1,365,000 |
| Credit Application Incomplete |
5 | $1,188,000 |
$237,000 | $428,000 |
$205,000 | $430,000 |
| Credit History |
1,293 | $454,888,000 |
$351,000 | $3,000,000 |
$194,000 | $1,125,000 |
| Debt-To-Income Ratio |
145 | $51,086,000 |
$352,000 | $1,331,000 |
$187,000 | $900,000 |
| Employment History |
82 | $23,897,000 |
$291,000 | $1,031,000 |
$174,000 | $552,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
70 | $28,656,000 |
$409,000 | $1,981,000 |
$286,000 | $1,320,000 |
| Mortgage Insurance Denied |
5 | $1,702,000 |
$340,000 | $856,000 |
$253,000 | $470,000 |
| Other |
1,589 | $545,280,000 |
$343,000 | $3,000,000 |
$216,000 | $1,667,000 |
| Unverifiable Information |
169 | $60,969,000 |
$360,000 | $2,066,000 |
$223,000 | $864,000 |
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Mortgage Loan App Totals for STEWARD FINANCIAL, INC. by:
Metropolitan Area And
County
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