|
|
| $5,279,183,286,000 in Mortgage Loans Applied for in 2007 from 26,605,695 Applications |
|
|
|
|
|
|
SUN WEST MORTGAGE COMPANY, INC
Mortgage Loans and Application Details
|
|
|
|
| Mortgage Company Name |
SUN WEST MORTGAGE COMPANY, INC |
| Address | 18303 GRIDLEY ROAD
CERRITOS, CA 90703 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2007 |
| Data Years (click a year for detail) | 2003 2004 2005 2006 2007 |
| Total Number of Mortgage Loan Applications Processed | 2,360 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $451,595,000 |
| Average Mortgage Loan Amount Applied For | $139,140 |
| Highest Mortgage Loan Amount Applied For | $1,755,000 |
| Average Applicant Income | $28,585 |
| Highest Applicant Income | $600,000 |
|
|
|
| Home Improvement |
2,262 | $426,612,000 |
$188,000 | $1,755,000 |
$30,000 | $600,000 |
| Home Purchase |
93 | $23,707,000 |
$254,000 | $1,350,000 |
$102,000 | $392,000 |
| Refinancing |
5 | $1,276,000 |
$255,000 | $512,000 |
$58,000 | $101,000 |
|
|
| American Indian or Alaskan Native |
5 | $942,000 |
$188,000 | $207,000 |
$47,000 | $112,000 |
| Asian |
23 | $6,234,000 |
$271,000 | $550,000 |
$38,000 | $162,000 |
| Black or African American |
156 | $28,769,000 |
$184,000 | $500,000 |
$28,000 | $317,000 |
| Hispanic |
300 | $64,911,000 |
$216,000 | $630,000 |
$40,000 | $396,000 |
| Native Hawaiin or Other Pacific Islander |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,187 | $217,794,000 |
$183,000 | $954,000 |
$28,000 | $453,000 |
| White |
689 | $132,945,000 |
$192,000 | $1,755,000 |
$39,000 | $600,000 |
|
|
| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
276 | $83,704,000 |
$303,000 | $1,755,000 |
$82,000 | $540,000 |
| FHA-insured (Federal Housing Administration) |
2,080 | $366,746,000 |
$176,000 | $429,000 |
$26,000 | $600,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| VA-guaranteed (Veterans Administration) |
4 | $1,145,000 |
$286,000 | $372,000 |
$74,000 | $118,000 |
|
|
| Application Approved But Not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Application Denied By Financial Institution |
114 | $27,781,000 |
$243,000 | $1,350,000 |
$89,000 | $453,000 |
| Application Withdrawn By Applicant |
120 | $30,868,000 |
$257,000 | $1,755,000 |
$62,000 | $540,000 |
| File Closed For Incompleteness |
25 | $4,416,000 |
$176,000 | $368,000 |
$32,000 | $181,000 |
| Loan Originated |
2,099 | $388,079,000 |
$184,000 | $954,000 |
$28,000 | $600,000 |
| Loan Purchased By The Institution |
2 | $451,000 |
$225,000 | $271,000 |
$61,000 | $86,000 |
| Preapproval Approved but not Accepted |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Preapproval Denied by Financial Institution |
0 | $0 |
$0 | $0 |
$0 | $0 |
|
|
| Collateral |
10 | $1,185,000 |
$118,000 | $229,000 |
$26,000 | $68,000 |
| Credit Application Incomplete |
4 | $572,000 |
$143,000 | $156,000 |
$22,000 | $41,000 |
| Credit History |
4 | $906,000 |
$226,000 | $435,000 |
$85,000 | $144,000 |
| Debt-To-Income Ratio |
12 | $3,508,000 |
$292,000 | $617,000 |
$75,000 | $255,000 |
| 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 |
82 | $21,146,000 |
$257,000 | $1,350,000 |
$103,000 | $453,000 |
| Unverifiable Information |
2 | $464,000 |
$232,000 | $369,000 |
$56,000 | $82,000 |
|
Mortgage Loan App Totals for SUN WEST MORTGAGE COMPANY, INC by:
Metropolitan Area And
County
|
|
|
|
|
Copyright ©2008 AllMortgageDetail.com All rights reserved.
|
|
