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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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THE LENDING CONNECTION, INC
Mortgage Loans and Application Details
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| Mortgage Company Name |
THE LENDING CONNECTION, INC |
| Address | 949 SOUTH COAST DRIVE, SUITE 200
COSTA MESA, CA 92626 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 27,755 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $4,969,850,000 |
| Average Mortgage Loan Amount Applied For | $143,897 |
| Highest Mortgage Loan Amount Applied For | $30,000,000 |
| Average Applicant Income | $66,857 |
| Highest Applicant Income | $3,000,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
313 | $50,699,000 |
$161,000 | $608,000 |
$81,000 | $284,000 |
| Refinancing |
27,442 | $4,919,151,000 |
$179,000 | $30,000,000 |
$73,000 | $3,000,000 |
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| American Indian or Alaskan Native |
117 | $19,631,000 |
$167,000 | $430,000 |
$65,000 | $216,000 |
| Asian |
156 | $44,736,000 |
$286,000 | $1,000,000 |
$140,000 | $3,000,000 |
| Black or African American |
1,989 | $347,740,000 |
$174,000 | $800,000 |
$69,000 | $900,000 |
| Hispanic |
854 | $186,913,000 |
$218,000 | $2,398,000 |
$76,000 | $950,000 |
| Native Hawaiin or Other Pacific Islander |
58 | $12,207,000 |
$210,000 | $720,000 |
$78,000 | $180,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
11,648 | $2,041,401,000 |
$175,000 | $5,000,000 |
$73,000 | $2,400,000 |
| White |
12,933 | $2,317,222,000 |
$179,000 | $30,000,000 |
$72,000 | $1,800,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
27,755 | $4,969,850,000 |
$179,000 | $30,000,000 |
$73,000 | $3,000,000 |
| 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 |
371 | $59,878,000 |
$161,000 | $800,000 |
$93,000 | $1,200,000 |
| Application Denied By Financial Institution |
24,574 | $4,426,237,000 |
$180,000 | $30,000,000 |
$73,000 | $3,000,000 |
| Application Withdrawn By Applicant |
18 | $3,792,000 |
$210,000 | $653,000 |
$86,000 | $173,000 |
| File Closed For Incompleteness |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Loan Originated |
2,792 | $479,943,000 |
$171,000 | $824,000 |
$69,000 | $489,000 |
| 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 |
5,952 | $1,018,872,000 |
$171,000 | $1,440,000 |
$76,000 | $3,000,000 |
| Credit Application Incomplete |
297 | $52,212,000 |
$175,000 | $828,000 |
$79,000 | $422,000 |
| Credit History |
6,844 | $1,163,992,000 |
$170,000 | $1,747,000 |
$68,000 | $2,400,000 |
| Debt-To-Income Ratio |
2,228 | $484,736,000 |
$217,000 | $30,000,000 |
$61,000 | $650,000 |
| Employment History |
332 | $55,983,000 |
$168,000 | $840,000 |
$63,000 | $514,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
384 | $69,557,000 |
$181,000 | $1,478,000 |
$75,000 | $1,050,000 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
534 | $99,249,000 |
$185,000 | $5,000,000 |
$82,000 | $1,085,000 |
| Unverifiable Information |
0 | $0 |
$0 | $0 |
$0 | $0 |
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Mortgage Loan App Totals for THE LENDING CONNECTION, INC by:
Metropolitan Area And
County
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