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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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TMG FINANCIAL SERVICES, INC.
Mortgage Loans and Application Details
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| Mortgage Company Name |
TMG FINANCIAL SERVICES, INC. |
| Address | 43385 BUSINESS PARK DR #100
TEMECULA, CA 92590 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 717 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $233,120,000 |
| Average Mortgage Loan Amount Applied For | $361,352 |
| Highest Mortgage Loan Amount Applied For | $1,800,000 |
| Average Applicant Income | $144,235 |
| Highest Applicant Income | $1,990,000 |
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| Home Improvement |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Home Purchase |
351 | $104,929,000 |
$298,000 | $1,000,000 |
$160,000 | $1,990,000 |
| Refinancing |
367 | $128,251,000 |
$349,000 | $1,800,000 |
$133,000 | $1,835,000 |
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| American Indian or Alaskan Native |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Asian |
22 | $7,647,000 |
$347,000 | $616,000 |
$126,000 | $183,000 |
| Black or African American |
28 | $7,658,000 |
$273,000 | $719,000 |
$101,000 | $231,000 |
| Hispanic |
285 | $86,301,000 |
$302,000 | $1,000,000 |
$108,000 | $1,020,000 |
| Native Hawaiin or Other Pacific Islander |
17 | $5,684,000 |
$334,000 | $935,000 |
$145,000 | $369,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
36 | $10,754,000 |
$298,000 | $1,365,000 |
$128,000 | $375,000 |
| White |
330 | $115,136,000 |
$348,000 | $1,800,000 |
$186,000 | $1,990,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
718 | $233,180,000 |
$324,000 | $1,800,000 |
$146,000 | $1,990,000 |
| 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 |
80 | $26,852,000 |
$335,000 | $1,132,000 |
$169,000 | $1,835,000 |
| Application Denied By Financial Institution |
9 | $3,849,000 |
$427,000 | $860,000 |
$132,000 | $324,000 |
| Application Withdrawn By Applicant |
80 | $31,573,000 |
$394,000 | $1,800,000 |
$153,000 | $600,000 |
| File Closed For Incompleteness |
6 | $2,467,000 |
$411,000 | $949,000 |
$244,000 | $468,000 |
| Loan Originated |
543 | $168,439,000 |
$310,000 | $1,365,000 |
$141,000 | $1,990,000 |
| 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 |
2 | $761,000 |
$380,000 | $445,000 |
$96,000 | $102,000 |
| Credit Application Incomplete |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Credit History |
5 | $2,368,000 |
$473,000 | $860,000 |
$150,000 | $324,000 |
| 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 |
2 | $720,000 |
$360,000 | $400,000 |
$121,000 | $138,000 |
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Mortgage Loan App Totals for TMG FINANCIAL SERVICES, INC. by:
Metropolitan Area And
County
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