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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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TRANSNATIONAL FINANCIAL NETWOR
Mortgage Loans and Application Details
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| Mortgage Company Name |
TRANSNATIONAL FINANCIAL NETWOR |
| Address | 401 TRAVAL
SAN FRANCISCO, CA 94116 |
| Agency | Department of Housing and Urban Development (HUD) |
| Year | 2006 |
| All Data Years | 2003 2004 2005 2006 |
| Total Number of Mortgage Loan Applications Processed | 5,149 |
| Total Dollar Amount of Mortgage Loan Applications Processed | $1,296,415,000 |
| Average Mortgage Loan Amount Applied For | $213,252 |
| Highest Mortgage Loan Amount Applied For | $5,250,000 |
| Average Applicant Income | $113,351 |
| Highest Applicant Income | $3,897,000 |
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| Home Improvement |
1 | $211,000 |
$211,000 | $211,000 |
$101,000 | $101,000 |
| Home Purchase |
3,467 | $777,510,000 |
$224,000 | $3,301,000 |
$110,000 | $2,400,000 |
| Refinancing |
2,008 | $580,019,000 |
$288,000 | $5,250,000 |
$128,000 | $3,897,000 |
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| American Indian or Alaskan Native |
10 | $1,981,000 |
$198,000 | $500,000 |
$72,000 | $341,000 |
| Asian |
488 | $172,464,000 |
$353,000 | $3,169,000 |
$128,000 | $2,400,000 |
| Black or African American |
424 | $100,019,000 |
$235,000 | $2,000,000 |
$97,000 | $661,000 |
| Hispanic |
1,317 | $256,903,000 |
$195,000 | $1,500,000 |
$74,000 | $523,000 |
| Native Hawaiin or Other Pacific Islander |
43 | $11,986,000 |
$278,000 | $998,000 |
$85,000 | $300,000 |
| Not applicable |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Not Provided |
1,244 | $289,218,000 |
$232,000 | $5,250,000 |
$87,000 | $2,094,000 |
| White |
1,950 | $525,169,000 |
$269,000 | $3,640,000 |
$167,000 | $3,897,000 |
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| Conventional (any loan other than FHA, VA, FSA, or RHS loans) |
5,468 | $1,356,359,000 |
$248,000 | $5,250,000 |
$117,000 | $3,897,000 |
| FHA-insured (Federal Housing Administration) |
2 | $294,000 |
$147,000 | $168,000 |
$49,000 | $56,000 |
| FSA/RHS (Farm Service Agency or Rural Housing Service) |
1 | $100,000 |
$100,000 | $100,000 |
$114,000 | $114,000 |
| VA-guaranteed (Veterans Administration) |
5 | $987,000 |
$197,000 | $280,000 |
$54,000 | $78,000 |
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| Application Approved But Not Accepted |
992 | $287,664,000 |
$289,000 | $3,301,000 |
$121,000 | $2,400,000 |
| Application Denied By Financial Institution |
1,426 | $333,279,000 |
$233,000 | $5,250,000 |
$100,000 | $1,740,000 |
| Application Withdrawn By Applicant |
700 | $173,446,000 |
$247,000 | $3,000,000 |
$140,000 | $1,280,000 |
| File Closed For Incompleteness |
501 | $121,500,000 |
$242,000 | $1,500,000 |
$113,000 | $795,000 |
| Loan Originated |
1,649 | $415,079,000 |
$251,000 | $2,000,000 |
$123,000 | $3,897,000 |
| Loan Purchased By The Institution |
208 | $26,772,000 |
$128,000 | $650,000 |
$93,000 | $456,000 |
| 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 |
24 | $3,319,000 |
$138,000 | $422,000 |
$103,000 | $356,000 |
| Credit Application Incomplete |
1 | $184,000 |
$184,000 | $184,000 |
$192,000 | $192,000 |
| Credit History |
65 | $12,712,000 |
$195,000 | $1,120,000 |
$154,000 | $1,275,000 |
| Debt-To-Income Ratio |
30 | $5,260,000 |
$175,000 | $648,000 |
$147,000 | $624,000 |
| Employment History |
10 | $1,724,000 |
$172,000 | $384,000 |
$185,000 | $264,000 |
| Insufficient Cash (Downpayment, Closing Cost) |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Mortgage Insurance Denied |
0 | $0 |
$0 | $0 |
$0 | $0 |
| Other |
22 | $7,079,000 |
$321,000 | $1,388,000 |
$168,000 | $480,000 |
| Unverifiable Information |
8 | $1,340,000 |
$167,000 | $433,000 |
$135,000 | $444,000 |
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Mortgage Loan App Totals for TRANSNATIONAL FINANCIAL NETWOR by:
Metropolitan Area And
County
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